Workflow
Thenewswire
icon
Search documents
Global Energy Metals' Partner Metal Bank Ltd. Commences Fully Funded Drilling Program at the Millennium Copper Cobalt Graphite Gold Project, Australia
Thenewswire· 2025-11-28 13:00
Core Viewpoint - Global Energy Metals Corporation is advancing its Millennium Copper Cobalt Gold Graphite Project through a diamond drilling program funded by the Queensland Government, which aims to enhance the project's mineral resource estimates and economic viability [1][4][10]. Project Development - Metal Bank Ltd. has commenced diamond drilling at the Millennium Project as part of a AUD $250k Collaborative Exploration Initiative (CEI) program [1][4]. - The drilling targets high-grade near-surface extensions of previously announced graphite results and bulk metallurgical samples within the JORC2012 Mineral Resource Estimate of 8.4 million tonnes at 0.09% cobalt, 0.29% copper, and 0.12g/t gold [3][4]. - An application for an additional mining lease covering 159 hectares has been submitted to facilitate further exploration and operations for cobalt, copper, gold, and graphite resources [3][4]. Economic Impact - The granting of the new mining lease, which includes the Gap Zone, could positively impact the project's economics and the potential for moving towards production [4][10]. - Previous drilling results from the Gap Zone indicated strong mineralization continuity, with notable downhole results such as 23m at 0.48% copper, 0.16% cobalt, and 0.16g/t gold [6][10]. Strategic Positioning - Millennium is strategically located near other significant mining projects in Queensland, enhancing its potential for resource development [10][11]. - The project is positioned to benefit from the growing demand for graphite, particularly in the electric vehicle lithium-ion battery sector, where graphite is a key raw material [16][17]. Future Plans - The company plans to assess the graphite potential further through additional surface mapping, sampling, and metallurgical testing [17]. - Results from the current drilling program are expected in late January, and the company will keep stakeholders informed about the mining lease application progress [10].
Charbone Hydrogen Announces Q3 2025 Financial Results
Thenewswire· 2025-11-28 12:25
 Brossard, Quebec, November 28, 2025 – TheNewswire - CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, today announces its financial and operational results for the three and nine-month periods ending September 30, 2025. Construction of the Sorel-Tracy facility Phase 1A is completed. All components are installed and connected on-site and com ...
Giant Mining Corp. Appoints John Percival as Non-Executive Chairman
Thenewswire· 2025-11-27 21:05
Core Viewpoint - Giant Mining Corp. has appointed Mr. John Percival as Non-Executive Chairman of the Board, aiming to enhance the company's visibility and investor reach in the mining sector [1][3]. Company Overview - Giant Mining focuses on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals, driven by initiatives like the Green New Deal [8]. - The company's flagship asset is the Majuba Hill Copper, Silver, and Gold District, located 156 miles (251 km) from Reno, Nevada, which has the potential to become a major copper deposit [9]. Leadership and Experience - Mr. Percival brings over five decades of global capital markets experience and has raised over $1 billion for public companies, particularly in the Australian mining sector [2][6]. - His previous role as General Manager of Investments with Barclays Bank New Zealand Ltd. involved managing over $450 million, showcasing his expertise in investment strategies [4][5]. - Currently, he serves as a Senior Consultant with Novus Capital Limited, enhancing Giant Mining's access to established Australian capital markets networks [5]. Market Context - The Australian mining markets have seen significant inflows in 2024 and 2025, driven by demand for copper, uranium, critical metals, and gold, making Australia a leading jurisdiction for junior and mid-tier mining financing [2]. - Mr. Percival's leadership is expected to support Giant Mining's strategy and outreach to the Australian mining investment community [7].
Grafton Resources Announces Closing of Non-Brokered Private Placement of Units
Thenewswire· 2025-11-27 19:05
Core Points - Grafton Resources Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $2,400,000 through the issuance of 4,800,000 units at a price of $0.50 per unit [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.80 until November 27, 2027 [1][2] - The proceeds will be used for the acquisition of the Alicahue Copper Project in Chile, exploration activities, option payments, and general corporate purposes [2] Financial Details - The company paid finder's fees totaling $133,784 in cash and issued 267,568 finder's warrants, each allowing the purchase of one common share at $0.80 until November 27, 2027 [3] - The offering is subject to acceptance by the Canadian Securities Exchange and the securities issued are under a four-month hold period expiring on March 28, 2026 [3] Related Party Transactions - Clariden Capital Ltd., owned by J. Campbell Smyth, participated in the offering by purchasing 345,400 units for $172,700, constituting a related party transaction [4][6] - The company is exempt from formal valuation and minority shareholder approval requirements due to the insider participation not exceeding 25% of the company's market capitalization [4] Ownership Changes - Prior to the offering, J. Campbell Smyth owned approximately 13.73% of the company's common shares, which decreased to approximately 11.79% post-offering [7][8] - Mr. Smyth has no current intention to dispose of or acquire further securities of the company, although he may do so depending on market conditions [9]
[Video Enhanced] Dolly Varden Silver CEO Shawn Khunkhun Explains the Impact of the NYSE Listing
Thenewswire· 2025-11-27 17:25
Core Insights - Dolly Varden Silver has successfully listed on the NYSE American, enhancing access to a larger pool of investors and increasing shareholder value [2][3] - The company has achieved significant milestones, including raising $62 million, drilling 55,000 meters, and expanding its land package to over 100,000 hectares [2][6] - The share price appreciated by 62% in the six months following the US listing, although it has recently pulled back from $7 to $5.50 [3] Company Developments - The company has acquired three properties: Mountain Boy, Kinskuch, and Porter, which contribute to its extensive land holdings [2] - Dolly Varden Silver's market capitalization has grown from $20 million to approximately $600 million over five years, driven by aggressive drilling and strategic acquisitions [6] - Institutional ownership exceeds 50%, with corporate ownership at over 25%, indicating a concentrated share structure that may enhance performance [7] Market Context - The NYSE listing has provided direct access to US investors, significantly increasing marketing ROI and liquidity, with US trading volume being approximately 3.5 times higher than in Canada [5] - The current environment shows a doubling in silver prices, benefiting companies with a small public float like Dolly Varden Silver [7] - Canada ranks as the 3rd most appealing region for mining investment, highlighting the favorable conditions for the industry [10] Industry Impact - The mining sector in Canada contributes C$161 billion to GDP and accounts for 21% of total exports, emphasizing its importance to the economy [11] - The industry generates 700,000 direct and indirect jobs and is a significant employer of Indigenous people, fostering partnerships with Indigenous enterprises [11]
VanadiumCorp Establishes Wholly-Owned Subsidiary, Vanadium Energy Nordique Inc. to Advance Pilot Plant Development
Thenewswire· 2025-11-27 14:00
Core Insights - VanadiumCorp Resource Inc. has established a wholly-owned subsidiary, Vanadium Énergie Nordique Inc., to lead the development of its pilot plant in Val-des-Sources, Québec [1][3] - The pilot plant aims to validate electrolyte processing technology and demonstrate the commercial viability of producing high-purity vanadium products, supporting the company's vision of a vertically integrated vanadium supply chain in Canada [2][5] - The creation of the subsidiary allows for a strategic separation of mining operations from electrolyte processing, enabling the company to focus on core strengths and position for future growth and partnerships [3] Company Overview - VanadiumCorp Resource Inc. is a Canadian mineral exploration company focused on developing vanadium-rich assets, particularly the Lac Doré Vanadium Project, which has shown high-purity vanadium suitable for energy storage applications [5] - The company has built an electrolyte pilot plant designed to test extracted vanadium materials and produce vanadium electrolyte for vanadium redox flow batteries (VRFBs) [5] - With vanadium and titanium designated as Critical Minerals in Canada and the U.S., the company aligns with national strategies to strengthen domestic supply chains [5]
Armory Mining Adds Tom Clarke, P.Geo to its Advisory Committee
Thenewswire· 2025-11-27 08:05
Core Insights - Armory Mining Corp. has appointed geologist Tom Clarke to its Advisory Committee, enhancing its expertise in mineral exploration critical to energy, security, and defense sectors [1][5] - The company has joined the Critical Minerals Institute (CMI), which focuses on addressing challenges and opportunities in the critical minerals sector [6][7] Company Developments - Tom Clarke is a registered geoscientist with 21 years of experience in geology, having worked on various projects across multiple continents [2][3][4] - Clarke's previous roles include directing exploration at Bonterra Resources, where he contributed to defining a compliant resource on the Gladiator gold deposit [3] - The company controls a 100% interest in the Ammo antimony-gold project in Nova Scotia, an 80% interest in the Candela II lithium brine project in Argentina, and an option for a 100% interest in the Riley Creek antimony-gold project in British Columbia [8] Industry Context - The Critical Minerals Institute serves as a hub for companies, capital markets, and experts in the critical minerals industry, promoting education, collaboration, and networking opportunities [6][7] - CMI aims to provide insights into the value and sustainability of critical materials essential for technological and industrial advancement [6]
REV Exploration To Acquire Mining Claims, Grants Options
Thenewswire· 2025-11-27 03:00
Core Points - REV Exploration Corp. has entered into a mineral property purchase agreement to acquire a 100% interest in certain mineral claims in Ontario and Quebec [1][2] - The company will issue 500,000 common shares as consideration for the property, which will be subject to a four-month hold period [2][3] - The property is subject to a 1.5% net smelter returns royalty, calculated on the net proceeds from mineral sales after deductions [3] Agreement Details - The closing of the agreement is contingent upon customary conditions, including regulatory approvals and acceptance by the TSX Venture Exchange [3] - The company has also granted 600,000 incentive stock options and 150,000 restricted share units to directors and consultants [4][5] - Each option is exercisable at a price of C$0.40 for five years, while RSUs will vest in three equal tranches over three years [5][6] Company Overview - REV Exploration Corp. is focused on mineral exploration, owning gold and battery metal properties in Quebec, and has exposure to the Natural Hydrogen sector in Alberta and Saskatchewan [7] - The company has acquired PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome, and holds a significant equity position in MAX Power Mining Corp. [7]
Uniserve Announces Results of its Annual General Meeting Held Monday, November 24, 2025
Thenewswire· 2025-11-26 22:40
Core Points - Uniserve Communications Corporation held its Annual General Meeting on November 24, 2025, where significant votes were cast regarding company governance and financial matters [1] - A total of 34,849,556 common shares are issued and outstanding, with 21 shareholders representing 45.79% of the total shares voting [2] - The number of directors to be elected was set at eight, with the reappointment of seven existing directors and the addition of Steven Maxwell [3][4] - The company's auditors were reappointed, ensuring continuity in financial oversight [5] - The Stock Option Plan received overwhelming shareholder approval, with 98.94% voting in favor [6] Company Overview - Uniserve provides IT solutions, including Data Centre Solutions, Managed IT Services, and Business Internet, operating from Vancouver, Calgary, and Waterloo [7]
November Field Program at South Hedley Gold-Copper Project, Boosts Potential of the Glix Exploration Target
Thenewswire· 2025-11-26 15:30
 Vancouver, British Columbia – TheNewswire - November 26, 2025 – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) (“Adamera” or the “Company”) reports results from the November 2025 exploration program on the South Hedley property. The program has substantially expanded the footprint of the Glix Gold Prospect, outlining a larger, more cohesive target than previously recognized.  Work completed in the program  13 line-kilometres of detailed ground magnetic surveying 6 line-kilometres of VLF-EM surveying  44 ...