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Armory Mining to Reprocess Historical Airborne Geophysical Data at Riley Creek Antimony-Gold Project, British Columbia
Thenewswire· 2025-11-25 08:05
Core Viewpoint - Armory Mining Corp. is set to reprocess historical airborne geophysical data from its Riley Creek Antimony-Gold Project using modern interpretation techniques to enhance exploration efforts and identify drill targets [1][3][4]. Historical Geophysical Survey - A comprehensive airborne survey was conducted in 1995 covering approximately 575 line-kilometers, utilizing advanced systems including a multi-coil, multi-frequency DIGHEM™ system and high-sensitivity cesium magnetometer [1][2]. Modernization Program - The company plans to digitize the entire geophysical dataset and apply contemporary processing algorithms that were not available in the 1990s, which will allow for improved data filtering, 3D modeling, and integration of multiple datasets [3][4]. Project Details - The Riley Creek Project is located on Graham Island, British Columbia, and is accessible year-round via logging roads. The regional geology includes Jurassic sedimentary rocks and Tertiary volcanic flows [5]. Company Overview - Armory Mining Corp. focuses on minerals critical to energy, security, and defense sectors, holding an 80% interest in the Candela II lithium brine project in Argentina and options for 100% interests in both the Riley Creek and Ammo antimony-gold projects [6].
Anonymous Announces Closing Of Life Offering
Thenewswire· 2025-11-25 00:15
Core Insights - Anonymous Intelligence Company Inc. has successfully closed its non-brokered private placement under the Listed Issuer Financing Exemption, raising a total of $725,000 from the issuance of 3,625,000 units at a price of $0.20 per unit [1][3]. Funding Utilization - The proceeds from the LIFE Offering, combined with nearly $800,000 from a previous private placement in August 2025, will enable the company to accelerate product development, enhance its cryptocurrency initiatives, and support broader market adoption of its solutions [2]. - The company plans to allocate funds towards strategic cryptocurrency asset acquisitions, marketing, rebranding, and investor awareness initiatives to strengthen its market position and visibility [2]. Securities Details - Each unit issued in the LIFE Offering consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at an exercise price of $0.25 for 24 months [3]. - The company has the option to accelerate the expiry of the warrants if its common shares trade at or above $0.50 for ten consecutive trading days [3]. Regulatory Compliance - The LIFE Offering was completed in accordance with the Listed Issuer Financing Exemption under National Instrument 45-106, and the securities issued are not subject to resale restrictions under Canadian securities laws [4]. Company Overview - Anonymous Intelligence Company Inc. focuses on developing decentralized network infrastructure, data storage solutions, and privacy-enhancing AI tools, aiming to empower users with confidence in technology while prioritizing privacy and data security [5].
Majestic Gold Resumes Operations at the SJG Underground Mine
Thenewswire· 2025-11-24 18:30
Core Points - Majestic Gold Corp. has resumed operations at its Songjiagou Underground Mine following the successful renewal of its safety production permit [1][3] - Operations at the SJG Underground Mine were temporarily suspended on September 1, 2025, due to the expiration of the safety production permit [2] - The renewal of the safety production permit was received by the company's subsidiary, Yantai Zhongjia Mining Co., Ltd., on November 20, 2025 [3] Company Overview - Majestic Gold Corp. is a low-cost junior gold producer based in British Columbia, engaged in commercial gold production in eastern Shandong Province, China [4] - The company operates its flagship project, the Songjiagou Gold Mines, along with the Mujin Gold Project [4]
Andina Copper Commences Trading on TSX-V
Thenewswire· 2025-11-24 17:00
Core Points - Andina Copper Corporation has commenced trading on the TSX Venture Exchange under the symbol "ANDC" after being delisted from the Canadian Securities Exchange [1] - The listing is seen as a significant milestone, reflecting the recognition of the company's high-quality copper and copper-gold discoveries [1] - Ongoing exploration activities are taking place at Cobrasco in Colombia and Piuquenes in San Juan, Argentina, with plans for project-wide geophysics and further drilling [1] - A follow-up work program is also underway to define drill targets at the Mantau copper-gold project in Antofagasta, Chile [1] Company Overview - Andina Copper Corporation is focused on copper exploration in South America and is listed on multiple exchanges including TSX Venture Exchange, Frankfurt, and OTC [2] - The company holds two significant discoveries in the Andean porphyry belt in Argentina and Colombia, as well as an undrilled copper-gold target in the Coastal Cordillera of Chile [3]
Pinnacle Flies LiDAR Survey at El Potrero
Thenewswire· 2025-11-24 13:30
Core Insights - Pinnacle Silver and Gold Corp. has conducted an airborne LiDAR survey over the El Potrero gold-silver project in Durango, Mexico, covering an area of 11 km², with results expected by mid-December [1][2] Company Overview - Pinnacle Silver and Gold Corp. focuses on developing precious metals projects in the Americas, particularly the El Potrero project, which is characterized by an underexplored low-sulphidation epithermal vein system [9] - The company also owns the Argosy Gold Mine and the North Birch Project in Ontario, indicating a diversified portfolio in high-grade mining assets [9] Project Details - The El Potrero project is located in the Sierra Madre Occidental region, near four operating mines, including the 4,000 tpd Ciénega Mine [5] - The project features high-grade gold-silver mineralization within a low sulphidation epithermal breccia vein system, with significant exploration potential due to a lack of modern systematic exploration over the past 40 years [6] - A previously operational 100 tpd plant on-site can be refurbished for near-term production, with road access and power supply within three kilometers [7] Survey Significance - The LiDAR survey aims to enhance geological understanding by mapping features related to mineralization that may not be visible at the surface, thus aiding in the planning of future drilling programs [2][3] - The technology is expected to help identify old mine workings and other features that could indicate previously unknown mineralization [3] Ownership and Financial Strategy - Pinnacle will earn an initial 50% interest in the project upon commencing production, with plans to increase ownership to 100% through generated cash flow, which is seen as a less dilutive approach for shareholders compared to equity financing [8]
Inflection Resources Granted Strategic Copper-Gold Exploration License Adjacent to Trangie Project in New South Wales, Australia
Thenewswire· 2025-11-24 11:30
Core Insights - Inflection Resources Ltd. has been awarded an additional exploration license for the Dandaloo project in New South Wales, which is adjacent to its Trangie project and not part of the AngloGold Ashanti Agreement [1][2][6] Dandaloo Project - The Dandaloo project is considered highly prospective for copper and gold, located immediately southeast and east of the Trangie Project [3][6] - Historical drilling by Goldfields in 1997 identified visible bornite and chalcopyrite mineralization at depths between 80 and 170 meters, but this promising mineralization was never followed up due to agricultural activities and a shift in exploration focus [4][6] Exploration Strategy - The company plans to commence land access discussions and permitting for a program of air core drilling, which will involve 6 to 10 drill holes to test the upper part of the basement sequence [8] - The drilling technique is aimed at collecting lithological and geochemical data to provide valuable insights for potential deeper drill holes [8] Industry Context - Inflection is exploring for large copper-gold and gold deposits in the northern extension of the Macquarie Arc, which is known as Australia's premier porphyry copper-gold province [11]
Notice of Private Placement Grant of Stock Options and Share Appreciation Rights Units
Thenewswire· 2025-11-21 21:50
Core Points - Peloton Minerals Corporation is planning a private placement of units priced at CDN$0.09 per unit, aiming to raise up to $200,000 [2] - Each unit will consist of one common share and one common share purchase warrant, exercisable for three years at $0.12 [2] - The proceeds from the private placement will be allocated for lithium exploration in northern Nevada and for working capital [3] Private Placement Details - The private placement will utilize certain prospectus exemptions, including the Existing Shareholder Exemption, allowing capital raising through securities distribution to existing shareholders [3] - The record date for determining existing shareholders entitled to purchase shares is set for November 21, 2025 [3] - Securities issued in connection with the private placement will be subject to a hold period of four months and one day from issuance [3] Stock Options and Share Appreciation Rights - The company has granted a total of 883,332 stock options to consultants, exercisable at $0.11 for three years, with 150,000 options replacing recently expired ones [4] - A total of 11,240,531 Share Appreciation Rights Units (SAR) have been granted to directors and officers, exercisable at $0.11 per share for five years [5] - SARs allow holders to receive the difference in price between the market price at exercise and the base price, either in cash or shares [5] Company Overview - Peloton Minerals Corporation holds a 100% interest in the North Elko Lithium Project in northeastern Nevada, which is prospective for lithium and other minerals [7] - The company also has interests in gold projects and a non-controlling interest in a copper porphyry project near Butte, Montana [8] - The company is a reporting issuer in good standing in British Columbia and Ontario, with common shares listed on the CSE and trading on the OTC QB [6]
Carrier Connect Data Solutions Inc. Engages Velocity Trade Capital Ltd.
Thenewswire· 2025-11-21 21:50
Core Viewpoint - Carrier Connect Data Solutions Inc. has engaged Velocity Trade Capital Ltd. to provide market-making services to enhance liquidity and reduce trading volatility of its shares [1][4]. Group 1: Market-Making Agreement - Carrier Connect will pay Velocity Trade a monthly fee of $6,000 for market liquidity services, with a termination clause allowing either party to end the contract with 30 days' notice after 60 days [2]. - The engagement is subject to acceptance by the TSX Venture Exchange [4]. Group 2: Company Overview - Carrier Connect Data Solutions aims to consolidate Tier II/III data centers globally, focusing on co-location services for AI companies, service providers, enterprises, and small businesses [5]. - The company operates as a carrier-neutral organization, with its primary markets in Vancouver, Canada, and Perth, Australia, serving clients who utilize its facilities as either primary or ancillary data centers [5]. Group 3: Velocity Trade Profile - Velocity Trade is an independent investment dealer based in Toronto, registered in several Canadian provinces and regulated by multiple international authorities, including the UK's Financial Conduct Authority [3].
Hill Incorporated Makes Assignment in Bankruptcy Under the Bankruptcy and Insolvency Act (Canada)
Thenewswire· 2025-11-21 21:10
Core Viewpoint - Hill Incorporated has filed for bankruptcy due to significant financial challenges, including price compression and difficulties in collecting accounts receivable in the cannabis industry, as well as high costs in its alcohol-free wine business [2]. Group 1: Bankruptcy Announcement - Hill Incorporated, previously known as Hill Street Beverage Company Inc., has made an assignment in bankruptcy under the Bankruptcy and Insolvency Act (Canada) [1]. - The decision to file for bankruptcy was made after careful consideration of the company's financial position and strategic alternatives, concluding that there were no viable options to meet its obligations [2]. Group 2: Financial Challenges - The company is facing dramatic price compression and significant challenges in its DehydraTECH licensing business, which have contributed to its financial difficulties [2]. - There are also substantial cash outlays and costs associated with the company's alcohol-free wine business, further exacerbating its financial situation [2]. Group 3: Trustee Appointment - Albert Gelman Inc. has been appointed as the trustee in the bankruptcy proceeding, pending affirmation by the company's creditors at the first meeting [3].
Vanguard Mining Surpasses 500 Metres in Ongoing Drill Program at the Redonda Copper-Molybdenum Project, British Columbia
Thenewswire· 2025-11-21 21:05
Core Insights - Vanguard Mining Corp. has surpassed 500 metres of drilling at its 100%-owned Redonda Copper-Molybdenum Project in British Columbia, indicating significant progress in exploration efforts [1][3] - The drilling program is guided by targets derived from an airborne geophysical survey and aims to expand on previous results, with a focus on defining the extent of the mineralized system at depth [3][12] Drilling Program Details - The drilling is being conducted by Paradigm Drilling Ltd. using a Boyles T-75 hydraulic diamond drill capable of reaching depths over 600 metres [2] - Recent drilling results include intervals of up to 142.6 metres grading 0.279% Cu and 0.0281% Mo, with surface sampling averaging approximately 0.5% CuEq [3][4] - The 2025 program will include detailed geological mapping and deeper drilling below 500 metres, with mineralized zones remaining open to the north and south [8][11] Collaboration and Community Engagement - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor, training opportunities, and logistics [7] - Ongoing engagement will include regular updates on work plans and adherence to cultural heritage protocols [7] Project Overview - The Redonda Project encompasses nine mineral claims totaling 2,746.46 hectares, located approximately 40 km northeast of Campbell River, BC [13] - The geological setting of Redonda shares characteristics with nearby porphyry systems, enhancing its exploration potential [14] Future Plans - The company plans to provide updates on drill start, meterage, and assay results as they become available [12] - The exploration strategy will leverage historical datasets and results from the late-2024 airborne geophysical survey to identify priority targets [12]