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Windfall Geotek AI Validates Major Discovery: TomaGold Intersects 5.75% ZnEq Over 98.5 Metres at Berrigan Deep
Thenewswire· 2026-01-30 13:30
Core Insights - Windfall Geotek Inc. has confirmed a significant mineralized discovery at the Berrigan Mine project through recent drilling results from TomaGold Corp., validating high-priority targets identified by Windfall's AI system in June 2024 [1][2] Group 1: Discovery Highlights - The AI system, combined with a comprehensive historical exploration database and SIGEOM data covering 1,263.98 km², identified 11 high-priority zinc targets [2] - Drill hole TOM-25-015 intersected 5.75% ZnEq (1.34 g/t AuEq) over 98.5 meters, including a high-grade interval of 26.67% ZnEq (6.26 g/t AuEq) over 4.90 meters [5] - The discovery at the Berrigan Deep zone demonstrates the effectiveness of Windfall's AI in reducing the effective search area by 98–99%, allowing focused exploration on specific cells [5][6] Group 2: Management Commentary - Michel Fontaine, President and CEO of Windfall Geotek, described the results as a "watershed moment," emphasizing that the AI system not only identifies targets but also finds deposits [3][6] - The company views this discovery as a validation of its technology as a critical decision-support tool for modern geologists [6] Group 3: Technical Details and Next Steps - Several mineralized zones remain open in all directions, with ongoing 2D and 3D modeling to target the -250 to -500 meter interval [6] - Upcoming geophysical surveys will further assist in exploration efforts [6] Group 4: Company Overview - Windfall Geotek has been a leader in AI-driven mineral exploration since 2005, focusing on transforming complex geoscience data into high-potential discoveries [8] - The company is expanding its expertise beyond mining into life-saving applications, such as landmine and UXO detection [8]
Global Energy Metals Announces Resignation of Peter Reynolds as Director
Thenewswire· 2026-01-30 13:00
Core Viewpoint - Global Energy Metals Corporation announces the resignation of Mr. Peter Reynolds from its Board of Directors, effective January 31, 2026, with no disagreements reported regarding company operations [1][3]. Company Developments - The Board and management express gratitude for Mr. Reynolds' contributions since the company's inception and wish him well in future endeavors [2]. - The company will continue to evaluate opportunities to strengthen its Board composition in alignment with strategic objectives [4]. Strategic Focus - Global Energy Metals is focused on the critical mineral sector, recognizing the importance of securing supplies of battery metals such as cobalt, nickel, copper, and lithium to support the global electrification movement [6]. - The company employs a disciplined strategy of consolidation, partnership, and investment to advance a portfolio of strategically significant battery metal assets [6][8]. Project Portfolio - The company is involved in projects across Canada, Australia, Norway, and the United States, prioritizing assets located in established mining jurisdictions and close to end-use markets [7]. - Global Energy Metals aims to minimize logistical and processing risks to accelerate project development and entry into the battery supply chain [8]. Market Opportunity - The company views the electrification movement as a generational investment opportunity, emphasizing the importance of securing minerals that power the eMobility revolution [9].
Mithril Silver And Gold December 2025 Quarterly Report Continued Exploration Success
Thenewswire· 2026-01-30 12:30
Core Viewpoint - Mithril Silver and Gold Limited has reported significant exploration progress in the December 2025 quarter, particularly at its Copalquin and La Dura properties in Mexico, highlighting the potential for substantial resource growth in gold and silver. Exploration Highlights - The Copalquin Gold-Silver Project is confirmed as a large, vertically extensive epithermal gold-silver system with mineralization defined over a 9 km strike length and 1,200 m vertical extent [2] - Target 1 (Refugio-La Soledad) has shown a 30% extension in strike length with notable intercepts including 2.05 m at 7.41 g/t gold and 419 g/t silver [3] - Target 5 (Apomal-Candelaria) has emerged as a new silver-rich target area with first drilling results showing 1.00 m at 1,714 g/t AgEq [3][5] Drilling and Resource Development - Ongoing drilling at Target 1 is expanding the resource area, with a 3,000 metre drill program planned for Q2 to update the maiden resource [4] - The maiden drilling at Target 3 (El Jabali-Guadelupe) commenced in January 2026, further strengthening the geological model of the district [6][10] - The La Dura property acquisition adds 2,052 hectares of contiguous mining concessions, enhancing the company's exploration portfolio [6][7] Financial Overview - The company reported a cash balance of A$14.1 million at the end of December 2025 and remains debt-free [11][20] - Exploration expenditure for the quarter was A$3.88 million, focused entirely on the Copalquin District [17] Future Plans - Mithril plans to complete resource expansion and infill drilling at Target 1, advance drilling programs at Target 5, and commence maiden drilling at Target 3 during the March 2026 quarter [18][24] - An aerial magnetic survey is underway to confirm key geological structures across the Copalquin District [10][12]
Uniserve Second Quarter Results for the Period Ended November 30, 2025
Thenewswire· 2026-01-30 01:50
Core Insights - Uniserve Communications Corporation reported a significant increase in revenues for Q2 fiscal 2026, reaching $2,094K compared to $1,865K in Q2 fiscal 2025, marking a growth of approximately 12.3% [1][2] - The company achieved a net income of $153K in Q2 fiscal 2026, a turnaround from a net loss of $279K in the same quarter of the previous year [1][2] - Year-to-date revenues for fiscal 2026 also increased to $4,216K from $3,516K in the prior year, reflecting a growth of about 19.9% [1][2] Financial Performance - Q2 fiscal 2026 revenues were $2,093,960, up from $1,864,645 in Q2 fiscal 2025, indicating a year-over-year increase of 12.3% [2] - Year-to-date revenues for the first six months of fiscal 2026 were $4,215,792, compared to $3,515,960 for the same period in fiscal 2025, representing a growth of 19.9% [2] - The cost of revenues for Q2 fiscal 2026 was $1,197,050, compared to $1,099,317 in Q2 fiscal 2025, which shows an increase of approximately 8.9% [2] - Total expenses for Q2 fiscal 2026 were $992,576, down from $1,062,734 in Q2 fiscal 2025, indicating a decrease of about 6.6% [2] Operational Focus - The company aims to enhance operational efficiencies, grow recurring revenues, and provide added value to its customers as part of its strategy for fiscal 2026 [1]
Hybrid Power Solutions Reports Q2 Financial Results
Thenewswire· 2026-01-29 23:05
Core Viewpoint - Hybrid Power Solutions Inc. continues to lead the clean energy transition despite economic challenges in Canada and the US, showcasing its innovative fuel-free power solutions through various active demonstrations and pilot programs [2][3]. Business Highlights - The company has over 20 active demonstrations and pilot programs in real-world settings, including military operations and construction sites, which are crucial for driving future orders [3]. - Hybrid Power Solutions received an advance purchase order for 12 Spark units and one Terra unit, with production starting in December 2025 [7]. - The company launched the Solar Tarp, a modular solar power solution, and showcased it at the GCXpo in September 2025 [7]. - Strategic partnerships have been established with companies like Groovy Energy Ltd. and Tire Butler for product distribution [7]. Financial Highlights - For the period ending November 30, 2025, the company reported a net loss of $871,826, compared to a net loss of $559,914 for the same period in 2024 [12]. - Revenue for the same period was $279,445, a significant decrease from $1,033,133 in the previous year [12]. - The company announced a non-brokered Life Offering to raise between Cdn $1 million and Cdn $2 million, closing the financing on January 19, 2026, with a total of $1,079,925 raised [8]. Technological Advancements - The Solar Tarp is a patent-pending, lightweight solar solution using durable CIGS panels, designed for versatile installation and rapid setup [4]. - The company is developing an AI-powered IoT platform for fleet management, currently in beta testing with select customers [5]. - Ongoing advancements in manufacturing and R&D are aimed at enhancing production scalability and efficiency [6].
Planet Ventures Announces Closing Of $5,000,000 Life Offering Of Common Shares
Thenewswire· 2026-01-29 22:05
Core Viewpoint - Planet Ventures Inc. has successfully closed a non-brokered private placement, raising $5,000,000 through the issuance of 100,000,000 common shares at a price of $0.05 per share [1]. Group 1: Offering Details - The Offering was completed under the Listed Issuer Financing Exemption, allowing it to be offered to purchasers in all Canadian provinces except Quebec [2]. - Shares issued under this exemption are not subject to a hold period according to Canadian securities laws [2]. Group 2: Use of Proceeds - The net proceeds from the Offering will be utilized for future investments and general working capital [3]. Group 3: Company Overview - Planet Ventures Inc. is an investment issuer focused on investing in disruptive companies within high-growth industries, aiming to create long-term shareholder value through strategic investments [5].
Lighthouse Gold Announces Closing of Non-Brokered Private Placement of Units
Thenewswire· 2026-01-29 21:30
Vancouver, B.C. – January 29, 2026 – TheNewswire - Lighthouse Gold Inc. ("Company") (CSE: LGHT) is pleased to announce the closing of its non-brokered private placement offering (the “Offering”), as previously disclosed in the Company’s news release dated January 15, 2026 and January 16, 2026. In connection with the Offering, the Company issued 12,200,000 units (the “Units”) at a price of $0.07 per unit, generating aggregate gross proceeds of approximately $854,000. Each Unit will be comprised of one common ...
Bathurst Metals Corp. Amends Terms of Option to Acquire the Gladstone Gold and Northern Gold Properties Adjacent to the Turner Lake/TED Gold Project, Nunavut
Thenewswire· 2026-01-29 21:05
January 29, 2026 – TheNewswire - Bathurst Metals Corp. (“Bathurst” or the “Company”) reported on January 22, 2026 it had entered into an option agreement to acquire a 100% interest in two mineral claims located north of the Company’s 100%-owned Turner Lake/TED Gold Project in the Bathurst Inlet area of Nunavut, Canada. The claims are known as the Gladstone Gold and Northern Gold properties. The Company announces an amendment to the terms of the Mineral Option Agreement. Under the amended terms, the ...
Harvest Gold Discovers Significant Gold-Silver-Copper Halos In The Northern Part Of The Mosseau Property
Thenewswire· 2026-01-29 20:50
Vancouver, British Columbia / January 29, 2026 ‑ TheNewswire - Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold” or the “Company”) is pleased to announce the results of a detailed review of current and historical drilling data conducted in light of the Company’s 2025 drilling program. This work has identified several significant near-surface Au-Ag-Cu halos in the northern portion of the Mosseau Property, its flagship property in the Urban Barry Belt in Quebec’s Abitibi region. Rick Mark, President and ...
Anon Announces Grant of Equity Awards
Thenewswire· 2026-01-29 14:00
Core Viewpoint - Anonymous Intelligence Company Inc. has granted restricted share units and stock options to its directors and officers as part of its Equity Incentive Plan to align their interests with those of shareholders and support the company's growth [1][3]. Equity Awards Details - The company granted a total of 600,000 stock options and 790,000 restricted share units to its directors and officers [2]. - Each stock option is exercisable for one common share at an exercise price of $0.19 per share for a period of five years from the grant date [2]. Company Overview - Anonymous Intelligence Company Inc. focuses on developing decentralized network infrastructure, data storage technology, and privacy-enhancing AI tools [5]. - The company aims to empower individuals and businesses by providing confidence in technology through its innovative solutions while prioritizing user privacy and data security [5].