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Hi-View Makes New Copper Zone Discovery At 100% Owned "Golden Stranger Project", Toodoggone District
Thenewswire· 2025-08-19 07:01
Core Insights - Hi-View Resources Inc. has completed a work program on its Golden Stranger Project, making a significant discovery of a new copper zone [1][2][3] - The exploration efforts have delineated a 2 km northwest-trending structural corridor connecting the Golden Stranger zone and the newly named Golden Acquaintance zone [3][7] - The company is now permitted to conduct a comprehensive multi-phase drill program of up to 45 sites based on enhanced surface data [3][11] Exploration Update - Ground geophysics, soil sampling, and prospecting have been completed on the Main Block, including a magnetic-VLF survey covering 45.6 line-km [6][7] - A total of 67 soil samples and 63 rock samples were collected, revealing a new copper zone with samples containing up to 1% malachite and other copper minerals [6][7] - On the Eastern Block, 164 soil and 15 rock samples were collected to test regional northwest structures identified in previous surveys [8][11] Historical Context - Historical drilling highlights include 10 meters at 11.55 g/t gold and a pre-NI 43-101 estimate of 498,905 tonnes at 2.74 g/t gold [13] - In 2024, sampling yielded up to 111.5 g/t gold and 2,740 g/t silver, indicating significant exploration potential [13]
Vitreous Glass Announces Grant of Deferred Share Units
Thenewswire· 2025-08-18 20:40
Core Points - Vitreous Glass Inc. has granted 406 deferred share units (DSUs) to an independent director as a non-cash settlement of dividends received on previously issued DSUs [1] - The DSUs were granted under a plan adopted in 2022, vest immediately, and entitle the holder to receive one share of the company or a cash payment equal to the value of one share upon cessation of their role as a director [2] Additional Information - The announcement was made on August 18, 2025, and relates to dividends paid on common shares on August 15, 2025 [1] - For further inquiries, contact information for the President of Vitreous Glass Inc. is provided [3]
Lake Winn Announces Extension of Private Placement and Provides Update on Binding Letter of Intent with Jaxon Mining Inc.
Thenewswire· 2025-08-18 17:45
Core Viewpoint - Lake Winn Resources Corp. is proceeding with a non-brokered private placement to raise up to $650,000 for exploration and working capital, with the first tranche expected to close in the week of August 18, 2025 [1][2]. Group 1: Private Placement Details - The company plans to offer up to 11,818,182 units at a price of $0.055 per unit, aiming for gross proceeds of up to $650,000 [1]. - The net proceeds from the offering will be allocated for exploration costs related to the Little Nahanni project and for general working capital [2]. - The closing of the first tranche is subject to approval from the TSX Venture Exchange, with the final acceptance date extended until August 2025 [2]. Group 2: Update on Jaxon Mining Inc. - On July 24, 2025, the company announced a binding letter of intent with Jaxon Mining Inc. regarding a property transaction, which led to a halt in trading [4]. - The letter of intent has been terminated as of August 18, 2025, due to the time and expense associated with the potential acquisition [5]. - The company will continue to focus on its key critical mineral project, the Little Nahanni Pegmatite swarm, which contains significant lithium, cesium, tantalum, and tin mineralization [5][8]. Group 3: Trading Resumption - The company expects to resume trading in the week of August 18, 2025, potentially as soon as August 20, 2025 [6].
Windfall Geotek to Deploy AI System for Copper Porphyry Targeting on Prismo Metals' Hot Breccia Property in Arizona
Thenewswire· 2025-08-18 13:30
Core Insights - Windfall Geotek has been engaged by Prismo Metals Inc. to apply its proprietary AI System to the Hot Breccia property in Arizona, with a contract valued at $80,000 [1] - The Hot Breccia property spans approximately 1,420 hectares (14.2 km²) and is located near the past-producing Christmas mine, which is a porphyry copper skarn deposit [1] Group 1: Company Engagement and Project Details - The collaboration aims to enhance understanding of the geological setting at Hot Breccia and validate drill targets [2] - The project area shares a regional setting similar to BHP-Rio Tinto's Resolution copper deposit, considered one of the greatest copper discoveries in North America [2] - Windfall Geotek's AI system can reduce the footprint of exploration targets by 98–99%, promoting a concept referred to as 'Digital Exploration' [2] Group 2: Geological Features and Exploration Techniques - The Hot Breccia property exhibits features common with neighboring world-class copper mines, including a swarm of porphyry dikes and breccia pipes containing copper-mineralized rocks [5] - A ZTEM survey conducted by Prismo identified a large conductive anomaly beneath the breccia outcrops, indicating potential mineralization [5][6] - Sampling has revealed copper mineralization associated with polylithic breccia pipes, with depths believed to range from 400 to 1,000 meters [6] Group 3: Company Backgrounds - Windfall Geotek has over 20 years of experience in developing AI and data mining technologies for mineral exploration [9] - Prismo Metals Inc. focuses on mining exploration, with projects including three silver projects and the Hot Breccia copper project in Arizona [8]
Noble Reports Updates on Homeland Nickel
Thenewswire· 2025-08-18 13:10
Core Viewpoint - Noble Mineral Exploration Inc. is highlighting the recent exploration and corporate updates from Homeland Nickel, which is significantly impacted by the U.S. government's announcement to boost domestic production of critical minerals like lithium, nickel, copper, and rare earths to reduce reliance on foreign sources [1]. Group 1: Homeland Nickel Exploration Update - Homeland Nickel has received a Surface Use Determination (SUD) from the Forest Service for its drilling plan at the Red Flat Nickel Laterite Project, allowing for 44 sonic holes to be drilled [2][3]. - The SUD approval includes conditions such as relocating one drill hole by 30 feet and conducting independent sampling to validate the drill program results [3]. - The next steps involve meeting with the Forest Service Ranger and completing a National Environmental Policy Act (NEPA) review to proceed with drilling [4][5]. Group 2: New Mining Claims - Homeland Nickel has staked 196 mining claims covering 4,050 acres at Woodcock Mountain, an area identified by the USGS as having significant nickel laterite concentrations [6]. - The Woodcock Mountain property has historical assays showing nickel grades over 1.0%, including a notable 15-foot interval grading 1.5% nickel [7]. - The company aims to expedite exploration across its four properties, including Woodcock Mountain and Eight Dollar, which are outside the withdrawal area in Southern Oregon, facilitating easier permitting [7]. Group 3: Company Overview - Homeland Nickel is focused on critical metal resources, with nickel projects in Oregon and copper and gold projects in Newfoundland, Canada [10]. - The company holds a significant portfolio of mining securities, including shares in Canada Nickel Company Inc., Noble Mineral Exploration Inc., Benton Resources Inc., Vinland Lithium Inc., and Magna Terra Minerals Inc. [10].
Ocumetics Achieves Historic First: Accommodating Intraocular Lens Successfully Implanted in Human Patients
Thenewswire· 2025-08-18 13:00
Unlike traditional monofocal or multifocal intraocular lenses, the Ocumetics Lens is designed to work with the natural movements of the eye, potentially restoring the ability to see both distant and near objects clearly without glasses or contacts following cataract surgery. The Company will now continue its first-in-human clinical trial program, with additional implantations scheduled over the coming months. Each step brings Ocumetics closer to validating the safety and performance of the Ocumetics Lens, p ...
Cameo Samples Average 12.26 Grams Per Ton Gold on Katoro Properties in Tanzania
Thenewswire· 2025-08-18 13:00
Core Insights - Cameo Resources Inc. has announced positive results from a recent site visit to the Katoro Gold Properties in Tanzania, highlighting the area's potential for gold mining [1][2] Company Overview - Cameo Resources Inc. is a mineral exploration company focused on discovering and developing valuable mineral deposits [8] Property Details - The Katoro Gold Properties cover an area of 12.52 square kilometers within the Sukumaland Greenstone Belt, which is part of the Lake Victoria Goldfield, known for its multi-million-ounce gold deposits [2] - The properties have been previously explored by artisanal miners, with evidence of shallow pits and trenches indicating the presence of gold [2] Sampling Results - Samples taken from active artisanal mining pits on the property showed gold grades ranging from 1.63 g/t Au to 34.2 g/t Au, with an average of 12.26 g/t Au [3] - Nearby hard rock operations returned assays from 12.58 g/t Au to 238.74 g/t Au, averaging 108.83 g/t Au, indicating high gold values in the vicinity [4] Ongoing Exploration - The company is conducting a High-Resolution Drone Magnetic Survey over the Katoro Gold Properties to delineate mineralization potential, covering approximately 230 line-kilometers [5] - The survey aims to generate maps for structural interpretation and lithological mapping, which will help identify major shear zones and faults that may control gold mineralization [5] Expert Commentary - Brian Thurston, the company's technical advisor, emphasized the strategic location of the Katoro property amidst active gold operations, suggesting a promising outlook for mineralization [5]
Norsemont Announces Closing of 2nd Tranche of Private Placement Led by Rob Mcewen and Other Strategic Investors
Thenewswire· 2025-08-18 13:00
News Release - Vancouver, British Columbia – TheNewswire - August 18th, 2025 – Norsemont Mining Inc. (CSE: NOM, OTCQB: NRRSF, FWB: LXZ1) ("NOM" or the "Company") is pleased to announce that legendary mining investor Rob McEwen, Chairman and Chief Owner of McEwen Inc. (TSX: MUX, NYSE: MUX) led this strategic round and further to its news release dated August 1, 2025, it has closed the second tranche of a non-brokered private placement consisting of 2,320,000 units of the Company at CAD $0.60 per unit for gro ...
Argenta Silver Validates Deposit Continuity and Expands Known Resource with High Grade Silver Intercepts
Thenewswire· 2025-08-18 12:30
Core Viewpoint - Argenta Silver has released promising assay results from its El Quevar Project, indicating a strong potential for high-grade silver resources, which has positively impacted its stock price and market perception [1][2][5]. Company Overview - Argenta Silver is a relatively new company, established 8 months ago, led by a young CEO, Joaquín Marias, who is 37 years old. The company has seen a significant share price increase of 300% year-to-date, rising from C$0.21 to C$0.63 [2]. - The El Quevar Project covers an area of 57,000 hectares, with less than 3% explored comprehensively. The project is well-equipped with infrastructure, including 60 kilometers of internal roads and a fully operational camp for 100 workers [3]. Drilling Program - The ongoing 2025 winter drilling program consists of 4,000 meters, with 15% for confirmation, 25% for expansion, and 60% for exploration drilling. The company believes the Yaxtché deposit remains open for further exploration [4]. - Recent drill results have confirmed the high-grade nature of the silver mineralization, with the highest assay recorded at 18,467 g/t silver over 1.05 meters within a broader interval of 1,026 g/t silver over 40.00 meters [5][7]. Financial Developments - On August 12, 2025, Argenta Silver raised CND $15 million at a price of C$0.40 per unit, with notable investments from Frank Giustra and Tyrus S.A., an affiliate of Eduardo Elsztain [10][12]. - Giustra's ownership now represents 15.09% of the outstanding common shares, while Elsztain controls 12.57% of the outstanding shares [10][12]. Mineral Resource Estimate - The foundational Mineral Resource Estimate of the Yaxtché deposit includes an indicated resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag, and an inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag [17].
Andina Copper Initiates Field Evaluation Of Mantau Copper Project, Chile
Thenewswire· 2025-08-18 12:30
Core Insights - Andina Copper Corporation has initiated field assessments at the Mantau copper-gold target in northern Chile, which is strategically located near significant copper discoveries [2][4][8] Project Highlights - The Mantau project covers a 4,500ha tenement in a premier mining jurisdiction, with historical copper workings indicating potential for stratabound and Iron Oxide Copper Gold (IOCG) mineralization [3] - Previous surface rock chip sampling has shown grades of up to 28.6% copper and 5.91g/t gold, highlighting the area's mineral potential [3] - The project is in close proximity to Marimaca Copper's recent Pampa Medina sulphide copper discovery and other notable projects, enhancing its attractiveness [3][4] Work Program - Andina has begun a comprehensive review of historical work and is conducting reconnaissance mapping and rock chip sampling to assess historical occurrences and alteration zones [3] - A detailed geochemical orientation survey is being prepared to optimize future sampling techniques, alongside drone-based aerial photogrammetry [3] - The company is evaluating cost-effective geophysical techniques, including magnetics surveys and methods like Induced Polarisation (IP) and Audio-Magnetotelluric (AMT) for further exploration [3] Corporate Strategy - The President & CEO expressed excitement about the Mantau project, emphasizing its strategic location among numerous copper mines and recent discoveries [4][6] - The company is entering a period of intensive field activities and plans to pursue a dual listing on the TSX-V and ASX, indicating growth ambitions [6][8]