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Angkor's Energy Subsidiary Completes 2d Seismic Program On Block VIII Cambodia
Thenewswire· 2025-09-30 12:50
Core Insights - Angkor Resources Corp. has successfully completed a 350-line kilometer 2D seismic program on Block VIII in Cambodia, marking the first onshore seismic activity in the country since 2013 [1][2] Group 1: Seismic Program Details - The seismic program utilized EnviroSeis equipment to ensure low impact and high data coverage across four provinces: Sihanoukville, Kampong Speu, Koh Kong, and Kampot [2] - The program lasted 47 days, with a team of 53 people working 12-hour shifts, seven days a week, including 13 Thai contractors and 40 local Khmer personnel, some of whom were trainees from the Institute of Technology [4] - Preliminary processing of the seismic data has already revealed a broad, closed structure with complex stratigraphy, although further drilling is required to confirm the formations [5] Group 2: Future Plans and Assessments - The company plans to conduct a preliminary assessment of the seismic data as it becomes available, followed by a secondary assessment to define potential drill targets [3] - Data processing and interpretation will occur over several months, with results expected to arrive in segments as each seismic line is processed [3] Group 3: Company Background - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on resource optimization in Cambodia and Canada, including a carbon capture and gas conservation project in Saskatchewan [10] - The company's energy subsidiary, EnerCam Resources, holds an onshore oil and gas license covering approximately 4,277 square kilometers in southwest Cambodia, following a reduction in size due to the removal of parks and protected areas [10]
Hybrid Power Solutions Secures Exclusive Distribution Agreement with Kiikew Renewables Corp. for Sustainable Energy Sales and Rentals
Thenewswire· 2025-09-30 12:31
Core Insights - Hybrid Power Solutions Inc. has entered a strategic distribution agreement with Kiikew Renewables Corp. to enhance access to its Batt Pack Energy units for carbon-free power solutions in mining, construction, and remote projects [1][3] - Kiikew specializes in hybrid renewable power and aims to help businesses transition off diesel infrastructure, aligning with both companies' commitments to sustainability and innovation [2][3] - The partnership is expected to drive immediate interest for Hybrid Power Solutions through Kiikew's established sales and rental network, opening opportunities for joint projects in hybrid power deployments [3] Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator focused on developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications [5] - Kiikew Renewables Corp. is an Indigenous-led company dedicated to sustainable technology, delivering carbon-free power solutions for various sectors including mining and construction [4]
Beauce Gold Fields Assays Fault Line and Pyrite-Bearing Drill Cores
Thenewswire· 2025-09-30 12:30
Core Insights - Beauce Gold Fields has discovered a new gold-bearing environment following the unexpected finding of a gold-mineralized fault line in drill hole GR-25-08, which has prompted the re-examination of previous drill cores [1][2] - The company is expanding its exploration potential beyond the Saddle Reef structures, with a focus on the association of gold with coarse pyrite in black shale [2] - The summer diamond drill program has successfully intersected gold-bearing structures, with drill hole GR-25-08 returning assays of 0.8 g/t Au over 9.5 m, including 2.3 g/t Au over 1.0 m [2] Core Sampling and Assays - A total of 920 core samples have been re-evaluated and/or submitted for analysis, including 14 holes from the 2021 program and 12 holes from the 2025 program [3][4] - The 2021 program identified a major fault line parallel to the Saddle Reef, with recommendations for follow-up holes, some of which remain untested [3] - The 2025 program includes 12 holes with 712 samples, while the 2023 program includes 5 holes with 208 samples [4] Quality Assurance/Quality Control - The drill program adhered to strict QA/QC protocols, with all drilling recovering HQ cores and samples being processed at MSALABS in Val-d'Or, Quebec [5] - Samples underwent gamma ray analysis for gold using a photon assay instrument, ensuring the integrity of the assay process [5] Company Overview - Beauce Gold Fields is focused on exploring the largest placer gold district in eastern North America, aiming to trace old placer gold workings back to a bedrock source [8] - The flagship property is the Saint-Simon-les-Mines gold project, historically significant as the site of Canada's first gold rush [8] - The geological model suggests that placer gold formed in stressed quartz pockets within layered domed axes of antiforms, similar to notable global Saddle Reef formations [8]
Western Star Resources Grants Stock Options
Thenewswire· 2025-09-30 12:05
Core Viewpoint - Western Star Resources Inc. has granted 400,000 stock options to directors, officers, employees, and consultants, aiming to enhance shareholder value through strategic exploration and development initiatives [1][2]. Group 1: Stock Options - The stock options are exercisable at a price of $0.20 per share for a period of three years from the grant date [2]. - The options are governed by the Company's stock option plan and the policies of the Canadian Securities Exchange [2]. Group 2: Company Overview - Western Star Resources is focused on mineral exploration and development, with the goal of increasing shareholder value through cost-effective exploration practices and strategic partnerships [3]. - The company owns nine non-surveyed contiguous mineral claims totaling 4,740 hectares located in the Revelstoke mining division of British Columbia [3]. - The property group is situated approximately 50 kilometers southeast of Revelstoke and about 10 kilometers north of the abandoned community of Camborne [3].
Rockland to Commence Ground Prospecting Program on the Past Producing Cole Gold Mines Project in Red Lake, Ontario
Thenewswire· 2025-09-30 12:00
Core Insights - Rockland Resources is initiating a ground prospecting and sampling program at its 100%-owned Cole Gold Mines Project in the Red Lake Greenstone Belt, Ontario, to locate and sample high-grade gold occurrences in preparation for a winter diamond drilling program planned for early 2026 [1][2][3] Group 1: Project Details - The Cole Gold Mines property consists of 80 mining claims covering 1,438 hectares and is located within the Pipestone Bay – St. Paul Deformation Zone, which is known for hosting significant gold mineralization [3][4] - Historical production from the Shaft zone during the 1930s included modest high-grade gold output, with an exploration shaft developed to a depth of 162 meters [4] - Recent work by Rockland identified two new surface showings with assay results of 57.7 g/t and 16.7 g/t Au, as well as 14.8 g/t Au and 7.21 g/t Au [5][6] Group 2: Historical Context - The Red Lake Greenstone Belt has produced over 30 million ounces of gold historically, with significant contributions from nearby mines such as Campbell-Red Lake, Cochenour-Willans, and Madsen [2] - The Cole Gold Mines Project has been underexplored since its acquisition by Rockland, which aims to systematically map and sample the property to identify high-priority drill targets [3][6] Group 3: Management and Future Plans - CEO Michael England expressed enthusiasm about the project, highlighting its historical significance and the potential for new discoveries [3] - The upcoming prospecting campaign will focus on evaluating previously documented high-grade gold occurrences and new findings by Rockland personnel [1][6]
Bitcoin Well Adds to Bitcoin Treasury
Thenewswire· 2025-09-30 11:30
Core Insights - Bitcoin Well Inc. has acquired 31.36 bitcoin at an average price of $113,314 USD / $157,428 CAD, increasing its total bitcoin reserve to 42.36 BTC with an average purchase price of $110,087 USD / $152,504 CAD [1] - The company plans to allocate the majority of the proceeds from its recent private placement to purchase additional bitcoin in the coming weeks [2] - Bitcoin Well aims to make bitcoin accessible to everyday people, providing modern banking convenience alongside the benefits of bitcoin [3] Company Overview - Bitcoin Well operates Bitcoin ATMs and an Online Bitcoin Portal, which generate cash flow to support its mission of enabling financial independence through bitcoin [3] - The company encourages investors to join its community and stay updated through various social media platforms [3]
Giant Mining Announces At-the-Market Offering of up to $5 Million
Thenewswire· 2025-09-30 07:05
Core Viewpoint - Giant Mining Corp. has entered into an equity distribution agreement to sell common shares with a gross sales price of up to $5 million through Haywood Securities Inc. as the exclusive placement agent [1] Group 1: Equity Distribution Agreement - The equity distribution agreement allows the company to sell common shares at its discretion, with the total gross sales price capped at $5 million [1] - The common shares will be sold through "at-the-market distributions" on the Canadian Securities Exchange or other recognized Canadian marketplaces [1] - The timing and volume of the distributions will be determined solely by the company [1] Group 2: Prospectus Supplement - The distributions will be qualified by a prospectus supplement dated September 29, 2025, which is filed with securities commissions across Canada [2] - The prospectus supplement, along with the existing base shelf prospectus, is available on the SEDAR+ website [2] Group 3: Use of Proceeds - The net proceeds from the ATM offering will be used to continue the drill program on the Marjuba Hill Project and for general working capital [3]
American Salars Completes Acquisition of Hardrock LCT Pegmatite Property
Thenewswire· 2025-09-30 07:01
Core Viewpoint - American Salars Lithium Inc. has completed the acquisition of 100% of the issued and outstanding common shares of 1447377 BC Ltd., which owns the Hardrock LCT Pegmatite Property in Brazil, as part of a strategic move to enhance its portfolio in the battery metals sector [1][2]. Acquisition Details - The acquisition was executed under a share purchase agreement dated February 17, 2025, with American Salars issuing 3,500,000 units at a deemed price of $0.07 per unit in exchange for all common shares of 1447377 [2]. - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to purchase an additional share for $0.20 over a three-year period [2]. Property Information - The Hardrock LCT Pegmatite Property includes 10 mineral claims covering an area of 18,083 hectares, located in the Jaguaribe/Solonópole region of Ceará, Northern Brazil [1]. Related-Party Transaction - The acquisition is classified as a related-party transaction since Mr. Nick Horsley, CEO of American Salars, is a director and indirect shareholder of 1447377 BC Ltd. [3]. - The transaction is exempt from certain requirements under Multilateral Instrument 61-101 due to the company's market capitalization and the nature of the transaction [3]. Company Overview - American Salars Lithium is focused on exploring and developing high-value battery metals projects to cater to the growing electric vehicle market [4].
Hybrid Power Solutions reports Annual Financial Results
Thenewswire· 2025-09-30 03:10
Core Insights - Hybrid Power Solutions Inc. reported financial results for the fiscal year ending May 31, 2025, highlighting significant operational and financial developments [1] Fiscal Year 2024 Business Highlights - The company signed strategic partnerships with multiple distributors in Canada and the US, including Colony Hardware and Drive Products [2] - Hybrid Power Solutions sold 105 Batt Pack Pros to a major utility in California and secured sales to US military divisions [2] - Ongoing demonstrations are being conducted with major Canadian rental companies and national home builders [2] - The company launched new Hybrid Spark sizes to meet increasing power demands and initiated the development of cross-platform fleet management software [2] Fiscal Year 2024 Financial Highlights - Revenue for the period ending May 31, 2025, was $2,801,100, representing a 15% increase from $2,437,507 in the previous year [2] - Expenses decreased by 50%, totaling $3,254,599 compared to $6,506,186 for the fiscal year ending May 31, 2024 [2] - The net loss for the period was $2,928,841, significantly reduced from a net loss of $6,512,440 in the prior year [2] Corporate Highlights - The company appointed Muneer Yoosuf as Chief Financial Officer and added two new members to the board of directors [2] - Hybrid secured matching funding of C$2,250,000 from the Federal Economic Development Agency for Southern Ontario [2] - The company completed a non-brokered shelf offering of C$541,800 and a prospectus offering of C$600,000 [3] Company Overview - Hybrid Power Solutions Inc. is a Canadian clean energy innovator focused on developing portable power systems that eliminate fossil fuel dependency in off-grid applications [3]
Cascade Copper Closes Third And Final Tranche Of Financing
Thenewswire· 2025-09-30 00:00
Core Points - Cascade Copper Corp. has successfully closed the final tranche of a non-brokered private placement, raising a total of $401,255 across three tranches [1][2] - The final tranche raised $123,255, consisting of 1,000,000 Critical Minerals Flow-Through units at $0.04 each and 2,378,714 Non-Flow-Through Units at $0.035 each [1][2] - The proceeds from the Flow-Through Shares will be used for eligible Critical Mineral Canadian Exploration Expenses, primarily funding exploration programs in Ontario and British Columbia [5] Offering Details - The Offering included 2,875,000 Critical Minerals FT Units and 8,178,713 NFT Units across all tranches [2] - Each unit consists of one common share and one-half common share purchase warrant, with full warrants exercisable at $0.07 for 24 months [2] - The Offering is subject to regulatory approvals and a four-month hold period on the issued securities [3][6] Insider Participation - The Offering included participation from insiders, which is classified as a related party transaction [4] - The Company is relying on exemptions from valuation requirements and minority approval due to the subscription value being less than 25% of the Company's market capitalization [4] Company Overview - Cascade Copper is focused on the exploration of copper and gold mineral resources, with projects in British Columbia and Ontario [8] - The Company employs modern technology for exploration, including 3D inversion modeling and AI-enhanced predictive modeling [8] - Cascade has five key projects, including the Copper Plateau Copper-Moly Project and the Rogers Creek Copper-Gold Project [8]