Workflow
Thenewswire
icon
Search documents
Fitzroy Minerals Drilling Update: 110 m @ 1.94% Cu, Including 58 m @ 3.06% Cu at the Buen Retiro Copper Project, Chile
Thenewswire· 2025-06-09 14:20
Core Viewpoint - Fitzroy Minerals Inc. has reported significant drilling results from the Buen Retiro Copper Project, indicating a large-scale and high-grade copper mineralization system, particularly highlighted by drill hole BRT-DDH022 which returned 110 m @ 1.94% Cu [1][2][5]. Exploration and Drilling Results - The ongoing drilling program at Buen Retiro has confirmed the presence of high-grade copper mineralization, with BRT-DDH022 intersecting 110 m @ 1.94% Cu and 416 ppm Co, including 58 m @ 3.06% Cu from 97 m [5][8]. - Historical drill holes in the Southwest Area have shown a trend with several hundred meters of strike length, returning intersections with grades over 1% copper [2][15]. - The project covers an area of 13,240 hectares and is strategically located near significant infrastructure, facilitating rapid development [3][30]. Future Exploration Plans - The company plans to drill at least 8,000 m in 2025, focusing on the Southwest and North areas, with potential use of a Reverse Circulation (RC) drill rig to accelerate exploration [7][23]. - Exploration efforts will target near-surface copper mineralization within a 1 km-wide by 4 km-long corridor, with ongoing assessments of deeper mineralization potential [3][23]. Geological Insights - The geology of BRT-DDH022 is characterized by typical Iron-Oxide Copper Gold (IOCG) style, with significant hydrothermal alteration and the presence of high-grade copper minerals [10][15]. - The mineralization in the Southwest Area is interpreted to be associated with a sub-vertical structure, enhancing the depth potential for copper [15][16]. Assay Results and Quality Control - Assay results from the ongoing drilling have shown promising intersections, with the best results from BRT-DDH022 indicating a maximum of 12.86% Cu over a 1.0 m sample [10][8]. - The company employs rigorous QA/QC procedures, including the use of certified standards and blanks to ensure the accuracy of laboratory analyses [24][26].
Sama Resources Announces Results of AGM
Thenewswire· 2025-06-09 12:05
Group 1: Election of Directors - All six nominees listed in the Management Proxy Circular were elected as directors for the upcoming year, with Marc-Antoine Audet receiving 97.20% of votes in favor, and Quentin Markin and Terry Krepiakevich receiving 100% [2][3] - A total of 72,717,248 common shares, representing 33.04% of the Company's issued and outstanding shares, were represented at the AGM [1][3] Group 2: Appointment of Auditors - Pricewaterhouse Coopers LLP was approved as the External Auditors for the Company for the next year, with the Directors authorized to fix their remuneration [2] Group 3: Stock Option Plan - The shareholders approved the Corporation's Stock Option Plan, reserving the grant of options up to a maximum of 10% of the total number of issued and outstanding shares, with 97.63% voting in favor [3] Group 4: Company Overview - Sama Resources Inc. is a Canadian-based resource company focused on the Samapleu nickel-copper project in Côte d'Ivoire, with a 40% interest in the project, while Ivanhoe Electric holds the remaining 60% [6] - The Company is transitioning from the basic OTC Pink Sheets to the enhanced OTC ID designation effective July 1, 2025, which will improve transparency and market presence [7]
Panther Minerals Closes Debt Settlement
Thenewswire· 2025-06-07 00:30
Core Viewpoint - Panther Minerals Inc. has successfully completed a debt settlement agreement to address outstanding debts totaling CAD $14,785.71, enhancing its cash position for working capital purposes [1][2]. Group 1: Debt Settlement Details - The company issued 924,106 common shares at a deemed price of CAD $0.016 per share as part of the debt settlement [1]. - The shares issued are subject to a hold period of four months and one day, in accordance with National Instrument 45-105 – Prospectus Exemptions [1]. Group 2: Company Overview - Panther Minerals is engaged in mineral exploration, focusing on its North American project portfolio [3]. - The acquisition of the Boulder Creek option demonstrates the company's commitment to pursuing advanced and high-quality uranium projects that can be efficiently explored [3].
Fitzroy Minerals Reports 110 m @ 1.94% Cu, Including 58 m @ 3.06% Cu at the Buen Retiro Copper Project, Chile
Thenewswire· 2025-06-06 13:15
Core Viewpoint - Fitzroy Minerals Inc. has reported significant drilling results from the Buen Retiro Copper Project, indicating a large-scale and high-grade copper mineralization system, particularly highlighted by drill hole BRT-DDH022 which returned 110 m @ 1.94% Cu [1][2][5] Exploration and Drilling Results - The ongoing drilling program at Buen Retiro has confirmed the presence of high-grade copper mineralization, with BRT-DDH022 intersecting 110 m @ 1.94% Cu and 416 ppm Co, including 58 m @ 3.06% Cu from 97 m [5][8] - The project area covers 13,240 hectares and is located 57 km southwest of Copiapó, Chile, with a focus on near-surface copper mineralization within a 1 km-wide by 4 km-long corridor [1][3] - Phase 1 drilling was completed prior to the acquisition of Ptolemy Mining Ltd, with results documented in a technical report filed on November 8, 2024 [3] Future Plans - The company aims to drill at least 8,000 m in 2025, with a focus on the Southwest and North areas, and is considering switching to a Reverse Circulation drill rig to accelerate exploration [7][24] - Exploration efforts will continue to delineate extensions of mineralization along strike and at depth, particularly in the Southwest Area [24] Mineralization Characteristics - The mineralization in BRT-DDH022 is characterized by leachable green copper oxides, including tenorite, cuprite, and chalcocite, with significant hydrothermal alteration observed [5][10] - The presence of high-grade cuprite and chalcocite feeder structures enhances the depth potential of copper mineralization at Buen Retiro [2][15] Assay Results - The best assay results to date from the project are from hole BRT-DDH022, which intersected 110 m @ 1.94% Cu and 416 ppm Co, indicating a strong mineralization trend [8][12] - Other drill holes in the Southwest Area have shown promising intersections averaging between 0.5% to 1.9% Cu in oxides and leachable minerals from surface [15][21] Geological Context - The geology of BRT-DDH022 is described as typical of Iron-Oxide Copper Gold (IOCG) style, with significant brecciation and alteration, indicating a robust mineralizing system [10][15] - The mineralization is interpreted to be associated with a sub-vertical structure located near the center of a major magnetic anomaly [15][16]
MAX Power Announces Appointment of Ryan Cheung as CFO
Thenewswire· 2025-06-05 16:30
Company Announcement - MAX Power Mining Corp. has appointed Mr. Ryan Cheung as Chief Financial Officer effective May 20, 2025, bringing extensive experience in financial oversight to the company [1] - Mr. Byran Loree has resigned as Chief Financial Officer and Director, with appreciation expressed for his contributions since the company's inception in 2021 [3] Leadership Background - Mr. Cheung is a CPA, CA, and the founder of MCPA Services Inc., with a background in auditing junior mining and resource companies, and has been an active member of the Institute of Chartered Professional Accountants of British Columbia since January 2008 [2] Company Focus - MAX Power is focused on mineral exploration, particularly in the context of North America's shift to decarbonization, and is a first mover in the Natural Hydrogen sector [4] - The company has strategic alliances with Chapman Hydrogen & Petroleum Engineering Ltd. and Larin Engineering HHC, and holds properties in the U.S. and Canada, including a notable discovery at the Willcox Playa Lithium Project in Arizona [4]
Lexaria Attending BIO International Convention
Thenewswire· 2025-06-05 13:20
Core Insights - Lexaria Bioscience Corp. will participate in the BIO International Convention in Boston from June 16-19, 2025, aiming to advance discussions with potential partners and investors [1][2] Company Overview - Lexaria is a global innovator in drug delivery platforms, specifically through its patented DehydraTECH® technology, which enhances drug absorption and reduces side effects [4] - The company holds 48 granted patents and has additional patents pending worldwide, showcasing a strong intellectual property portfolio [4] Event Participation - The BIO International Convention is the largest biotechnology convention globally, featuring over 1,500 exhibitors and 20,000 attendees, providing a platform for networking and collaboration [2] - Lexaria is arranging one-on-one meetings with corporate leaders in sectors such as weight loss, diabetes, and hypertension, with limited meeting slots still available [3]
Visionstate Launches MIRA to Digitize Facility Inspections and Expand SaaS Platform
Thenewswire· 2025-06-05 12:50
Core Insights - Visionstate Corp. has officially launched MIRA, a new software-as-a-service (SaaS) platform aimed at digitizing inspections in public-facing facilities, available to customers since June 2025 [1][2] - MIRA is designed to enhance operational efficiency and accountability in facility management, serving as an extension of the existing Wanda platform [2][4] - The platform features mobile usability, real-time reporting, customizable checklists, QR code scanning, and secure cloud storage, facilitating compliance tracking and standardization of processes [3][4] Product Features - MIRA allows facility teams to conduct audits, safety checks, and operational inspections with improved accuracy and efficiency [2][4] - The platform is offered on a recurring monthly SaaS model, either standalone or bundled with WandaLITE, catering to clients needing both cleaning compliance and broader inspection capabilities [5] - Initial pilots of MIRA are underway in sectors such as education, healthcare, and municipal government, highlighting its value in compliance-heavy industries [6] Business Impact - The launch of MIRA represents a significant business milestone for Visionstate, introducing a new recurring revenue stream that complements existing offerings without complicating implementation [4][5] - The company has invested in expanding its platform capabilities, including the development of AI-powered features for predictive task scheduling, indicating a commitment to innovation in facility management [7] - MIRA is now available across Canada, with onboarding support and customization options for enterprise clients, enhancing the company's market reach [8]
Star Royalties Highlights Copperstone Development Update by Minera Alamos and Announces AGM Extension
Thenewswire· 2025-06-05 11:00
­­News ReleaseJune 05, 2025 – TheNewswire - TORONTO, ON – Star Royalties Ltd. (“Star Royalties”, or the “Company”) (TSXV: STRR, OTCQX: STRFF) is pleased to highlight Minera Alamos Inc.’s (“Minera Alamos”) (TSXV: MAI, OTCQX: MAIFF) update on development plans for its wholly-owned Copperstone Gold Mine (“Copperstone”). The Company has a 4% streaming agreement on gold produced for the duration of Copperstone’s life-of-mine (“LOM”). All amounts are in U.S. dollars, unless otherwise indicated. Neither TSX Ventu ...
Hybrid Power Solutions Announces Dealer Agreement with One Stop Truck & Equipment
Thenewswire· 2025-06-04 13:15
Group 1 - Hybrid Power Solutions Inc. has announced a new dealer agreement with One Stop Truck & Equipment to distribute its portable power systems [1][2] - The agreement allows One Stop to utilize Hybrid's battery technology, including the Batt Pack and Batt Pack Jupiter, to provide sustainable power solutions [2] - This partnership aims to enhance the adoption of clean energy solutions in California and supports both companies' commitment to environmental sustainability [3] Group 2 - Hybrid Power Solutions specializes in developing portable power systems that eliminate the need for fossil fuels, focusing on off-grid and remote applications [4] - The company is listed on the Canadian Securities Exchange under the symbol "HPSS" and is committed to leading the clean energy transition through technological innovation [4] - One Stop Truck & Equipment is a trusted provider of truck and equipment solutions, serving various industries with high-quality products [5]
Generation Uranium Announces New Interim CEO and New Independent Director
Thenewswire· 2025-06-03 22:00
Core Viewpoint - Generation Uranium Inc. announces the resignation of CEO Anthony Zelen and the appointment of Chris Huggins as Interim CEO, along with Christoph Bruening joining the board of directors [1] Group 1: Leadership Changes - Mr. Anthony Zelen has resigned as CEO and Director of Generation Uranium Inc. [1] - Mr. Chris Huggins, with over 30 years of experience in mineral exploration and capital markets, will serve as Interim CEO [2][4] - Mr. Christoph Bruening, founder of Value Relations GmbH, joins the board of directors, bringing over 25 years of experience in investor relations [5][6] Group 2: Background of New Leaders - Mr. Huggins has a background as an exploration geologist and has held senior positions in the mining and construction industries, focusing on strategic growth and operational excellence [3][4] - Mr. Bruening has organized over 500 conferences and listed over 600 companies on the Frankfurt Stock Exchange, with expertise in mining and exploration [5][6] Group 3: Company Overview - Generation Uranium Inc. is engaged in the exploration and development of mineral properties, holding a 100% interest in the Yath Uranium Project located in Nunavut [9]