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VanadiumCorp Gets Conditional Approval Closes First Tranche of Flow-Through Financing
Thenewswire· 2025-11-25 13:50
Core Viewpoint - VanadiumCorp Resource Inc. has received conditional approval for a private placement financing, aiming to raise up to $1.4 million through the issuance of flow-through and non-flow-through units [1][2]. Financing Details - The financing consists of up to 2,333,333 flow-through units at $0.30 each and up to 2,800,000 non-flow-through units at $0.25 each, with total gross proceeds expected to reach $1.4 million [1]. - The first tranche of the financing has closed, raising $700,000 through the issuance of 2,333,333 flow-through units [2]. Use of Proceeds - Proceeds from the financing will be used to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" and "flow-through critical mineral mining expenditures" as defined in the Income Tax Act (Canada) [3]. - The company plans to renounce all qualifying expenditures in favor of the subscribers of the flow-through units effective December 31, 2025 [3]. Securities and Regulations - All securities issued under the financing are subject to a four-month hold from the date of issue [4]. - Cash finders' fees totaling $49,000 were paid, along with the issuance of 163,333 non-transferable broker warrants [2]. Company Overview - VanadiumCorp Resource Inc. is focused on developing vanadium-rich assets in Quebec, with its flagship Lac Doré Vanadium Project known for high-purity vanadium suitable for energy storage applications [5]. - The company has established an electrolyte pilot plant in Val-des-Sources, Québec, aimed at testing vanadium materials and initiating commercial production of vanadium electrolyte for vanadium redox flow batteries (VRFBs) [5]. - With vanadium and titanium classified as Critical Minerals in Canada and the U.S., the company aligns with national strategies to enhance domestic supply chains [5].
Pinnacle Arranges Non-Brokered Private Placement
Thenewswire· 2025-11-25 13:30
Core Viewpoint - Pinnacle Silver and Gold Corp. is initiating a non-brokered private placement to raise up to $2,520,000 through the issuance of units priced at $0.14 each, aimed at advancing its El Potrero gold-silver project in Mexico and for general working capital [1][2]. Group 1: Offering Details - The private placement will consist of up to 18,000,000 units, each comprising one common share and one-half share purchase warrant, with the whole warrant convertible into an additional share at $0.20 for 24 months [1]. - Finders' fees will include a 6% cash commission and 6% in non-transferable finders' warrants, allowing the holder to acquire shares at $0.20 over a 24-month period [1]. - The offering is expected to close around December 19, 2025 [1]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to advancing the El Potrero project for evaluations and for general working capital [2]. Group 3: Insider Participation - Insiders of the company will participate in the offering, which is classified as a related-party transaction under Multilateral Instrument 61-101, exempting the company from formal evaluation or minority shareholder approval [3]. Group 4: Securities and Regulations - All securities issued will be subject to a four-month hold period and require TSX Venture Exchange approval, and they have not been registered under the U.S. Securities Act of 1933 [4]. Group 5: Project Overview - The El Potrero project is located in the Sierra Madre Occidental of Mexico, near several operating mines, and features high-grade gold-silver mineralization in a low sulphidation epithermal vein system [5][6]. - The property has significant exploration potential as it has not been systematically explored in nearly 40 years [6]. - A previously operational 100 tpd plant can be refurbished for near-term production once permits are secured [7]. Group 6: Company Strategy - Pinnacle will earn an initial 50% interest upon commencing production, with plans to generate cash flow to further develop the project and increase ownership to 100% subject to a 2% NSR [8]. - The company is focused on developing precious metals projects in the Americas, including the high-grade Potrero project and the Argosy Gold Mine in Ontario [9].
Spartan Metals Doubles Tungstonia Exploration and Mining Claims
Thenewswire· 2025-11-25 13:00
Core Insights - Spartan Metals Corp. has expanded its land position at the Eagle Tungsten-Silver-Rubidium Project by staking an additional 201 claims, increasing the total claims to 353, covering 7,131 acres [1][2][7] - The new claims are adjacent to existing Tungstonia claims and are expected to enhance the exploration potential for high-grade critical metals [4][7] - The company has commenced trading on the Frankfurt Stock Exchange under the symbol "J03," which is seen as a milestone for expanding its shareholder base [5][6][7] Company Developments - The newly staked claims cover 4,054 acres, more than doubling the previous acreage at the Tungstonia claim block [2][7] - The exploration team identified these areas as having high potential for mineralization similar to existing findings at Tungstonia, which previously produced tungsten and silver [4][7] - The ongoing field exploration program will include soil and rock sampling, mapping, and geophysics, covering the newly staked claims [7] Project Overview - The Eagle Project is positioned as one of the largest and highest-grade tungsten and rubidium districts in the United States, with historical production from the Tungstonia and Rees/Antelope mines [8][9][14] - The project spans approximately 36.5 km² and includes significant mineralization types such as Porphyry, Skarn, and Carbonate Replacement deposits [10][14] - Historical tungsten production from the Tungstonia and Rees/Antelope mines totaled 8,379 units at grades between 0.6%-0.9% WO3 [8][9]
BetterLife Pharma Welcomes Daniel Carcillo as Corporate Advisor
Thenewswire· 2025-11-25 13:00
Core Insights - BetterLife Pharma Inc. is advancing the development of BETR-001, a non-hallucinogenic derivative of LSD, targeting Traumatic Brain Injury (TBI), cluster headaches, and migraines [1][3] - Daniel Carcillo, a former NHL player and advocate for TBI survivors, joins BetterLife as a Corporate Advisor to enhance the development of BETR-001 [2][3] - BETR-001 is currently in preclinical and IND-enabling studies, with a unique position as an unregulated substance that can be self-administered [3] Company Overview - BetterLife Pharma Inc. focuses on developing and commercializing BETR-001 for various neurological disorders, with a synthesis patent that eliminates regulatory hurdles [3] - The company also possesses a drug candidate aimed at treating viral infections and is exploring strategic alternatives for its further development [4]
Noble Minerals Acquires a Rare Earth Property in Labrador
Thenewswire· 2025-11-25 12:30
Core Insights - Noble Mineral Exploration Inc. has acquired a rare earth element (REE) enriched system on its Chapiteau Property, located 100 kilometers south of the Strange Lake and B-Zone deposits, and 38 kilometers northeast of the Crater Lake Scandium-Rare Earth resource [1][16]. Acquisition Details - The Chapiteau Property consists of 25 map staked units covering approximately 647 hectares [1]. - The property was previously explored by Midland Exploration Inc. in 2010/2011, which conducted a 3,143-line-kilometer airborne magnetic and radiometric survey identifying several new REE exploration targets [4]. Mineralization Findings - Selected samples from 81 rock outcrops and mineralized boulders returned high values of up to 8.34% total rare earth element oxides (TREOs), including yttrium [4]. - Heavy rare earth element oxides (HREOs) in samples ranged from 2.29% to 12.85% for those containing more than 0.5% TREO [4]. - Significant individual REE results included up to 8.22% cerium oxide (Ce2O3), 3.38% lanthanum oxide (La2O3), and 3.39% neodymium oxide (Nd2O3) [4]. Geological Context - The best concentrations of mineralization are associated with iron oxides in pegmatite-aplite dikes and iron oxide clusters in an alkaline granite intrusion, which is identified as a 9-kilometer diameter airborne magnetic anomaly [5]. - Recent grab samples from the property returned TREO values ranging from 1.40% to 3.02% [6]. Previous Exploration Activities - A series of channel samples and one diamond drill hole (Y3-11-04) were completed on the Chapiteau property in 2011, with drill hole Y3-11-04 intersecting a grey-pink coarse-grained alkaline granite [9]. - The best assay results from the drill hole returned 0.13% TREO + Y2O3 over 7.5 meters and 0.14% TREO + Y2O3 over 12.0 meters [10]. Strategic Importance - The acquisition of the Chapiteau Property underscores Noble's commitment to exploring critical minerals in Canada, aligning with the growing demand for REEs in various industries [16].
Star Royalties Reports Q3 2025 Financial Results
Thenewswire· 2025-11-25 12:00
November 25, 2025, TORONTO, ON – TheNewswire – Star Royalties Ltd. (“Star Royalties”, or the “Company”) (TSXV: STRR, OTCQX: STRFF) today reported its financial results for the quarter ended September 30, 2025. All amounts are in U.S. dollars, unless otherwise indicated.Q3 2025 Financial and Corporate Highlights Minera Alamos Inc. (Minera Alamos”) (TSXV: MAI, OTCQX: MAIFF) provided an update on the Copperstone Gold Project (Copperstone”) development progress and exploration potential, reiterating robust pr ...
Tribeca Resources Grants Stock Options and DSUs
Thenewswire· 2025-11-25 12:00
Core Viewpoint - Tribeca Resources Corporation has granted stock options to its directors and officers for the purchase of up to 1,825,000 common shares at a price of $0.21 per share, with a vesting period of five years [1] Company Overview - Tribeca Resources is a copper exploration company focused on discovering and developing assets in the Coastal IOCG Belt of northern Chile [2] - The management team consists of significant shareholders with expertise in iron oxide copper-gold deposits [2] Strategic Objectives - The company's objective is to provide mineral resources for the next generation of copper mines in Chile, focusing on mid to advanced-stage copper exploration and resource development projects [3] - Regular assessments of mineral targets are conducted to pursue acquisition, strategic exploration, and significant discovery [3] Key Properties - The flagship property is the La Higuera Property, covering 4,147 hectares in the Coquimbo Region of northern Chile [4] - The company holds options to acquire two additional properties: the Chiricuto project in the Atacama region and the Jiguata porphyry copper property in the Tarapacá region [4]
Northern Lights Resources Announces Corporate Update
Thenewswire· 2025-11-25 12:00
Core Points - Northern Lights Resources Corp. has decided not to proceed with the sale of its interest in the Secret Pass Gold Project, which was initially announced on June 19, 2025 [1] - The CEO, Luka Capin, highlighted that the company has experienced a significant increase in both gold prices and its share price since discussions began for the sale, leading to the decision to retain 100% ownership of the Secret Pass Gold Project [2] - The company plans to develop an updated exploration plan for the high-grade Secret Pass Gold Project [2] Company Overview - Northern Lights Resources Corp. is focused on growth through exploration and development, managing three key projects: the Horetzky Copper Project, the Pup Copper Project, and the 100% owned Secret Pass Gold Project [6] - The Secret Pass Gold Project is located in Arizona's Oatman-Katherine gold district, which is the third-largest gold-producing area in Arizona, with historical production of over two million ounces of gold and one million ounces of silver from 1870 to 1980 [7] - Historical drilling at the Secret Pass Gold Project has shown promising results, with intersections of up to 13.6 g/t Au over 36.0 meters [7]
Harvest Gold Discovers New Mineralized Horizon At The Trench 1B Target: Provides Results From The First Six Holes Of Its Mosseau Drill Program
Thenewswire· 2025-11-25 11:30
Core Insights - Harvest Gold Corporation has announced the first series of assay results from its maiden drill program at the Mosseau property in Quebec's Abitibi region, indicating positive exploration progress [1][2]. Drilling Program Highlights - The drill program has completed 14 holes totaling 3,030 meters, with assay results published for the first six holes, representing 20% of the planned 5,000-meter program [3][6]. - Significant assay results include 1.90 g/t gold over 5.4 meters, with a higher-grade section of 8.67 g/t gold over 0.6 meters in hole MO-25-15 [4][9]. - Hole SW-25-14 intersected widespread gold mineralization, including 1.10 g/t Au over 6.0 meters, highlighting the potential to expand historical mineralization at the Mosseau Project [5][9]. Geological Insights - The discovery of a mineralized horizon approximately 100 meters east of Trench 1B is associated with a moderate Induced Polarization (IP) anomaly that can be traced for 600 meters along strike [4][9]. - The mineralized zones contain semi-massive sulphides, primarily pyrite and chalcopyrite, with notable silver and base metal values, including 203 g/t silver, 2.26% copper, 0.16% zinc, and 0.05% lead [4][9]. Company Overview - Harvest Gold is focused on exploring near-surface gold deposits and copper-gold porphyry deposits in stable mining jurisdictions, with a management team that has over 400 years of collective geological and financing experience [8][10]. - The company has three active gold projects in the Urban Barry area, covering a total of 20,016.87 hectares [10][11].
LAURION Extends Drilling into Untested Ground Linking Brenbar and Sturgeon River Mine Corridors at Ishkoday
Thenewswire· 2025-11-25 10:00
 Toronto, Ontario – November 25, 2025 – TheNewswire - LAURION Mineral Exploration Inc. (TSX.V: LME | OTC: LMEFF) (“LAURION” or the “Corporation”) is pleased to announce encouraging results from its 7,700-metre Summer 2025 drill exploration program at the 100%-owned Ishkõday Project, located 220 km northeast of Thunder Bay in Greenstone, Ontario. The first five drill results were announced in the Corporation’s press releases dated August 19, 2025 and September 23, 2025, respectively, which targeted the high ...