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Inflection Resources Provides Update on Trangie Project Drilling in New South Wales, Australia
Thenewswire· 2025-08-18 10:30
Core Viewpoint - Inflection Resources Ltd. has provided an update on the drilling results from the Trangie project in New South Wales, Australia, indicating positive mineralization and potential for a large-scale porphyry system [2][5][11]. Drilling Update - A total of eight drill holes (TRNDH024 to TRNDH031) were completed, totaling 4,052 meters, to follow up on previous mineralization findings [3][5]. - The new drill holes have expanded the known mineralized footprint by 100 meters westward, 200 meters north, and 200 meters southwest from the previous intercept [5]. - Drill hole TRNDH028 reported the most significant gold mineralization, with 42.15 meters grading 0.33 g/t Au from 263.33 meters [5][9]. Geological Insights - The mineralization and alteration footprint suggest a large-scale porphyry system, with a defined area of 500 meters by 500 meters showing porphyry-related alteration [5]. - The presence of biotite-albite altered siltstone and sandstone units, along with monzodiorite intrusions, indicates a high-temperature environment typical of porphyry systems [11][10]. AngloGold Ashanti Agreement - Under the Exploration Agreement, AngloGold Ashanti has the option to earn an initial 51% interest in the Trangie project by funding AUD$7,000,000 within 36 months [26]. - Subsequent phases allow for additional ownership stakes, potentially increasing AngloGold Ashanti's interest to 75% through further funding [27][30]. Project Context - The Trangie project is part of a broader exploration strategy targeting large copper-gold deposits in the Macquarie Arc, a significant porphyry copper-gold province in Australia [31]. - The project utilizes cost-effective drilling methods to explore mineralized bodies, which are known to have extensive alteration and geochemical halos [32].
Prismo Engages Windfall Geotek for Data Analysis at Hot Breccia
Thenewswire· 2025-08-18 07:30
Core Viewpoint - Prismo Metals Inc. has engaged Windfall Geotek Inc. to utilize its proprietary Windfall AI System for analyzing geophysical, topography, and drill hole data at the Hot Breccia copper project in Arizona, aiming to advance exploration efforts in a region known for its rich copper deposits [1][5]. Company Overview - Prismo Metals Inc. is focused on advancing its Hot Breccia copper project in Arizona and its Palos Verdes silver project in Mexico [16]. - The Hot Breccia property spans 1,420 hectares and is located in the Arizona Copper Belt, surrounded by several world-class copper mines [12]. Project Details - The Hot Breccia Project is situated in a region with significant historical copper mining activity, including proximity to mines like Christmas, Morenci, Ray, and Resolution [2][12]. - Historical drilling in the 1970s by a Rio Tinto subsidiary revealed high-grade copper mineralization at depths of 640 to 830 meters, with notable intercepts including 23 meters at 0.54% Cu and 18 meters at 1.4% Cu [6][12]. Technological Engagement - The Windfall AI System, developed by Windfall Geotek, employs advanced machine learning and pattern recognition algorithms to analyze large datasets and identify exploration targets [5][17]. - The collaboration with Windfall Geotek is part of Prismo's commitment to enhance exploration efforts and engage potential strategic partners in the district [5][3]. Future Plans - Prismo aims to conduct a minimum of 5,000 meters of drilling at the Hot Breccia project, with results from the Windfall Geotek study expected by early September [5][6]. - The company has identified a large conductive anomaly beneath the breccia outcrops, indicating potential for further mineralization [12][13].
Element79 Gold Corp Announces Corporate Update and Strategic Leadership Changes With Focus On Accelerating Nevada Asset Development
Thenewswire· 2025-08-15 23:55
Core Insights - Element79 Gold Corp. is undergoing strategic leadership changes effective August 31, 2025, to enhance asset development in Nevada and advance its growth strategy [1][6][9] Group 1: Strategic Focus - The company has refined its strategic focus on long-term exploration and development in Nevada, highlighted by the acquisition of the drill-ready Gold Mountain Project and plans to explore the Elephant Project [1][2] - The Gold Mountain Project is positioned for near-term exploration aimed at expanding known mineralization and advancing toward resource definition [4] - The Elephant Project is targeted for systematic exploration to evaluate its potential for gold, silver, lead, and copper [4] Group 2: Peru Operations - Element79 Gold continues to develop the high-grade Lucero Project in southern Peru, with a mid-to-long-term goal of restarting exploration and production [1][4] - Current efforts in Peru focus on community engagement, legal and regulatory readiness, and aligning project development with key stakeholders [5] Group 3: Leadership Transition - James C. Tworek will step down as CEO but will continue to support the company as a Director, while Michael Smith will be appointed as the new CEO [6][9] - Kim Kirkland will take on the role of Qualified Person and join the Board of Directors, stepping down from his position as COO [9] - Warren Levy will remain as Director and assume the role of Chairman of the Board [9]
Guardian Announces Proposal to Retire Debt
Thenewswire· 2025-08-15 22:45
Group 1 - Guardian Exploration Inc. has agreed to issue 200,000 common shares at a deemed price of $0.115 per share to retire $23,000 of indebtedness to an arm's length contractor, pending approval from the TSX Venture Exchange [1] - The shares issued in connection with the debt settlement will be subject to a statutory four-month hold period in accordance with applicable securities laws [2] Group 2 - Guardian Exploration Inc. is a TSXV listed company engaged in oil and gas as well as mineral exploration and development, with prospects including the Mount Cameron Property in the Yukon's Mayo Mining District, Kaigani claims in Southeast Alaska, and the Sundog gold project in Nunavut [3]
Harrys Announces Bitcoin Investment
Thenewswire· 2025-08-15 17:40
Group 1 - The company, Harrys Manufacturing Inc., has acquired 0.1525593 of a Bitcoin for a total cash consideration of $25,000, marking it as the first publicly traded tobacco company to include Bitcoin on its balance sheet [1] - The board of directors views this allocation to Bitcoin as an innovative step towards financial diversification and long-term value creation [1] - The company has opened a corporate cryptocurrency account with Bitbuy, a leading Canadian digital asset platform, to manage its digital assets in accordance with best practices [2] Group 2 - Harrys aims to provide value to shareholders by catering to adult tobacco consumers seeking high-quality Canadian products at affordable prices [3] - The management team has over 15 years of industry experience and collaborates with distribution and retail partners to prioritize customer needs [3]
Credissential Announces Development of Features for Antenna Transfer Platform
Thenewswire· 2025-08-15 12:30
Core Viewpoint - Credissential Inc. is developing two new features for its Antenna Platform: SecureVault Auto-Destruct and Apple Wallet enabled QR code, aimed at enhancing data protection and facilitating cashless transactions [1][2][3] Development of Features - The SecureVault Auto-Destruct feature will allow users to configure files to automatically delete from Antenna servers after successful download, addressing enterprise and government needs for improved data lifecycle management and compliance [2][4] - The integration of a scan-to-pay QR code with Apple Wallet is intended to streamline transactions and enhance user convenience, currently in the research phase [3][4] Strategic Goals - The Auto-Destruct feature aims to give users control over their sensitive data, ensuring confidential files do not persist longer than necessary, thus reducing security exposure and aiding compliance with data retention policies [3][4] - The planned features will integrate with existing post-quantum cryptographic security protocols, offering selectable auto-deletion timeframes and confirmation protocols [4] Implementation Timeline - Full implementation of the Auto-Destruct feature and QR code payment integration is expected to occur following the acquisition of Antenna by Codeifai Limited, announced on July 2, 2025 [5] Share Unit Grants - The Company has granted 24,300,000 Restricted Share Units (RSUs) under its Omnibus Equity Incentive Plan, with 3,800,000 RSUs allocated to insiders, subject to a four-month and one-day hold period [6]
Ventripoint Diagnostics Launches Targeted Congenital Heart Defect Marketing Program, Setting Stage for Multi-Segment Growth
Thenewswire· 2025-08-15 12:05
Core Insights - Ventripoint Diagnostics Ltd. has launched a targeted marketing program aimed at diagnosing and monitoring congenital heart defects (CHD), reinforcing its leadership in this critical clinical area while preparing for expansion into other growing segments such as cardio-oncology, pulmonary hypertension, heart failure, and valvular heart disease [1][4]. Group 1: Marketing Program and Technology - The new marketing initiative will highlight the VMS+™ system, which provides MRI-comparable volumetric and functional cardiac measurements using standard echocardiography, addressing barriers associated with cardiac MRI for CHD patients [2][3]. - Ventripoint's VMS+ technology enables fast, accurate, and comfortable assessments using widely available ultrasound equipment, which is crucial for CHD patients who require ongoing monitoring [3][8]. Group 2: Strategic Collaborations and Education - The marketing program includes collaborations with industry partners like ASCEND Cardiovascular to promote AI-enhanced echocardiography solutions [5]. - Specialized clinical education will be developed in partnership with pediatric and adult congenital cardiology centers to demonstrate the integration of workflows and patient benefits [5]. Group 3: Advocacy and Research - Ventripoint is engaging with patient advocacy organizations, such as the Ollie Hinkel Heart Foundation, to raise awareness of advanced imaging options for CHD [5]. - The company plans to work with clinical advisors to publish case studies and peer-reviewed data that support VMS+ as the standard of care for functional cardiac assessment without MRI [5]. Group 4: Market Opportunities - Establishing a leadership position in CHD is expected to facilitate the adoption of Ventripoint's technology in other clinical areas where non-invasive and accurate cardiac volumetric analysis is needed [4][6]. - The company views the CHD market as a unique platform to demonstrate its value proposition, with the potential for significant market expansion thereafter [6].
Drilling Underway at Silver North's Flagship Haldane Silver Property, Yukon
Thenewswire· 2025-08-15 12:00
Core Viewpoint - Silver North Resources Ltd. has launched its 2025 exploration program at the Haldane Silver Property, aiming to expand on previous discoveries and assess the potential for high-grade silver-lead-zinc mineralization [1][2]. Exploration Program Details - The 2025 program includes plans for 10 drill holes totaling approximately 2,500 meters, focusing on the newly identified Main Fault target [1][2]. - The initial drilling will test the continuity of mineralization approximately 60 meters down dip from the 2024 intersections, with additional holes planned to assess strike and depth continuity [2][4]. - The program is expected to be completed by the end of October 2025 [3]. Mineralization Highlights - Previous drilling at the Main Fault has revealed high-grade mineralization, including intersections of 1.83 meters at 1,088 g/t silver and wider zones such as 5.8 meters at 365 g/t silver [2][4]. - The Main Zone has demonstrated strong potential with high grades and large widths of mineralization, indicating a promising area for further exploration [2]. Company Background - Silver North Resources Ltd. owns the Haldane Silver Project, located adjacent to Hecla Mining's Keno Hill Mine, and is also involved in other projects in the Silvertip/Midway District [7]. - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the United States under "TARSF" [8].
Silver Crown Royalties Reports Second Quarter Financial Results
Thenewswire· 2025-08-15 07:00
Core Viewpoint - Silver Crown Royalties Inc. reported its interim financial results for Q2 2025, highlighting a decrease in silver royalty income compared to the previous quarter but a significant increase year-over-year [2][4]. Financial Performance - In Q2 2025, the company recorded 5,593 silver ounces as royalty income, amounting to C$267,350, which is a 148% increase from C$107,785 in Q2 2024 but a 12% decrease from C$304,408 in Q1 2025 [2][4]. - The year-over-year change in attributable silver deliveries was 105%, while the quarter-over-quarter change was a decrease of 16.5% [4]. Strategic Initiatives - The CEO noted that Q2 2025 saw 13-year high silver prices, presenting both challenges and opportunities for the company [3]. - The company is focused on adding silver ounces to its portfolio at attractive prices and rates of return, with plans to advance several Letters of Intent (LOIs) in the second half of 2025 [3]. Operational Updates - The company is facing challenges with Gold Mountain Mining Corp. and its subsidiaries, which are under receivership, affecting outstanding payments of C$140,588.53 owed to Silver Crown [6]. - Pilar Gold Inc. has delayed the restart of commercial operations at the PGDM Complex in Brazil to Q4 2025, with C$541,756.03 in minimum accrued royalty payments currently due to Silver Crown [6]. Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company that aims to generate free cash flow and provide investors with exposure to precious metals [7]. - The company currently holds five silver royalties and seeks to minimize the economic burden on mining projects while maximizing shareholder returns [7].
CULT Food Science Announces Debt Settlement
Thenewswire· 2025-08-15 01:25
Core Insights - CULT Food Science Corp. has entered into debt settlement agreements to resolve outstanding debts totaling $273,350 [1] - The company will issue 18,223,333 common shares at a deemed price of $0.015 per share as part of the debt settlement [2] - The board believes that completing the debt settlement is in the best interests of the company to preserve cash for working capital [3] Company Overview - CULT Food Science is focused on pioneering the commercialization of lab-grown meat and cellular agriculture to reshape the global food industry [4] - The company's investments may include acquiring equity, debt, or other securities, and providing operational and advisory support to portfolio companies [4] - The objective is to enhance long-term shareholder value through active stewardship and innovation in the food system [4]