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Sendero Resources Announces Closing Of $2 Million Institutional Equity Private Placement Sendero Resources Announces Closing Of $2 Million Institutional Equity Private Placement
Thenewswire· 2026-01-26 21:15
Core Viewpoint - Sendero Resources Corp. has successfully closed a private placement, raising approximately C$2 million through the sale of 1,739,131 common shares at C$1.15 per share, which is a premium to previous financing rounds [1][3] Group 1: Offering Details - The private placement was conducted with a single significant institutional investor, resulting in total proceeds of C$6.06 million from both financings [1] - The shares issued are subject to a four-month and one-day statutory hold period, and the closing is contingent upon necessary regulatory approvals [4] - The purchaser will hold approximately 6.7% of the issued and outstanding common shares of Sendero on a non-diluted basis after the offering [2] Group 2: Use of Proceeds - Proceeds from the offering will be allocated towards drilling and broader exploration efforts at the Peñas Negras property, as well as for general working capital purposes [1][5] - Further details regarding the exploration efforts at Peñas Negras are expected to be provided soon [5] Group 3: Company Background - Sendero Resources Corp. is focused on copper-gold exploration at its 100% owned Peñas Negras Project located in the Vicuña Belt, Argentina [8] - The Peñas Negras Project has identified multiple porphyry and high-sulfidation epithermal targets and is situated near other significant mining projects [8]
Ares Strategic Mining Inc. Issues Stock Options
Thenewswire· 2026-01-26 20:55
Company Overview - Ares Strategic Mining Inc. is focused on developing fluorspar projects in the U.S. and aims to become a significant supplier of high-grade fluorspar to North American markets, supporting essential industries for modern technology and infrastructure [2]. Recent Developments - On January 23, 2025, the company issued a total of 6,400,000 options to its directors and officers, allowing the purchase of 6,400,000 common shares at an exercise price of $0.63 per share, with an expiration date of January 23, 2028 [1]. Project Details - The Lost Sheep Fluorspar Project, located in Delta, Utah, was first approved on August 24, 1992, and renewed on December 12, 2016 [3]. - The project covers 5,982 acres with 353 claims in the Spor Mountain area, approximately 214 km southwest of Salt Lake City, and is fully permitted, including mining permits [5]. Technical and Regulatory Aspects - A NI 43-101 Technical Report has identified extensive high-grade fluorspar with low levels of impurities, and the mining plan has been approved by the Bureau of Land Management (BLM) [5].
[Video Enhanced] Dolly Varden Silver Discovers Torbrit-style Mineralization at Shallow Depth across the Central Valley Fault
Thenewswire· 2026-01-26 17:15
Core Insights - Dolly Varden Silver has completed 32 drill holes at the Wolf Vein, with significant silver price increases contributing to heightened interest in the company [1][6] - Silver is currently trading at US$110 per ounce, while gold has reached a record price of US$5,050 per ounce, indicating strong demand for precious metals [1][2] Company Developments - The 2025 drill program included infill and vertical extension drilling, with new mineralization discovered that is similar to the Torbrit Deposit [2][3] - Directional drilling technology has been employed to optimize drilling efficiency, allowing for multiple uses of the same mother hole [7][8] - Significant silver intercepts include 467 g/t over 15.32 meters and 518 g/t over 0.52 meters, indicating high-grade mineralization [8][9] Merger and Strategic Rationale - Dolly Varden announced a proposed merger with Contango, which holds a 30% interest in the Manh Choh Gold Project, enhancing the combined company's asset portfolio [10][14] - The merger aims to create a North American-focused multi-stage silver and gold company, with a combined market capitalization of approximately US$812 million (C$1.1 billion) [16][17] - The transaction is supported by significant shareholders, representing approximately 22% of the outstanding shares of both companies [17] Future Outlook - The merger is expected to extend Contango's five-year plan into a 20-year development and exploration strategy, leveraging Dolly Varden's high-grade mineral inventory [18][19] - The collaboration is anticipated to enhance exploration and development opportunities across Alaska and Northwest British Columbia [19][20]
Critical Infrastructure Technologies and AIRmarket Inc. Execute a Memorandum of Understanding (MOU)
Thenewswire· 2026-01-26 14:00
Core Perspective - Critical Infrastructure Technologies Ltd. (CiTech) and AIRmarket Inc. have signed a Memorandum of Understanding (MOU) to explore pilot projects and potentially commercialize solutions for drone-enabled airspace and RPAS traffic management [1][2] Strategic Collaboration - The collaboration combines the expertise of both companies: AIRmarket specializes in RPAS traffic management and aviation safety, while CiTech provides secure digital platforms and autonomous communications infrastructure [3] - The partnership aims to enhance situational awareness and operational efficiency for defense forces, emergency services, and government agencies [4] Focus Areas - The collaboration will focus on several key areas, including: - Defence and border security operations - Drone as First Responder (DFR) programs - Wildfire, search and rescue, and disaster response - Protection of critical infrastructure across energy, transport, and utilities - Technical integration of RTM platforms with secure communications infrastructure - Government-led pilots, trials, and regulatory engagement [6] Governance and Next Steps - The MOU outlines the establishment of points of contact and the potential formation of a joint working group to guide collaboration activities, with any pilots or commercial arrangements governed by separate agreements [5]
[Video Enhanced] Deep Inside the West Red Lake Gold Madsen Mine as Gold Surges to US$5,000 per ounce
Thenewswire· 2026-01-26 13:30
Core Insights - West Red Lake Gold Mines announced the achievement of commercial production at the Madsen Mine as of January 1, 2026, following a ramp-up year in 2025 where 20,147 ounces of gold were sold at an average price of US$3,650 per ounce, generating gross proceeds of US$73 million [1][2][3] Production and Financial Performance - The price of gold has increased by 15% to US$5,000 since the declaration of commercial production [2] - Bank of America forecasts gold prices to reach US$6,000 by spring 2026 [3] - Full-year production guidance for the Madsen Mine is expected to be released in H1 2026 [3] Operational Insights - The mining process involves continuous definition drilling, data analysis, and strategic planning to optimize ore extraction [5][6] - The operations team employs advanced technologies and proven methods to enhance safety and efficiency in mining [7][10] - The mining cycle includes mucking, hauling, drilling, loading, and blasting, with a focus on safety protocols and real-time monitoring [9][12] Resource Estimates - The Madsen Mine currently has an Indicated resource of 1.65 million ounces of gold grading 7.4 g/t Au and an Inferred resource of 0.37 million ounces grading 6.3 g/t Au [17]
Cascade Copper Announces Additional Results From Field Work at the Centrefire Copper-Gold Project
Thenewswire· 2026-01-26 13:15
Core Insights - Cascade Copper Corp. has announced positive assay results from its Centrefire Copper and Gold Project, indicating strong mineralization of copper, gold, and silver across a significant strike length [1][4][10] - Ongoing magnetic inversion modeling is revealing excellent priority target areas for further exploration, including mapping, sampling, and potential drilling [1][17] Exploration Results - The second batch of samples confirmed mineralization along a 10-kilometer strike, with notable results including 1.80% Cu and 0.776 g/t Au from specific samples [4][9][10] - The mineralization is associated with Banded Iron Formation (BIF) and Volcanogenic Massive Sulphide (VMS) styles, suggesting a high potential for further discoveries [10][18] Magnetic Inversion Modeling - The modeling has identified disrupted magnetic trends at both near-surface and depth levels, indicating potential mineralized zones similar to the Main Gossan Zone [4][15] - The integration of historical and new magnetic data has outlined several large zones of interest, extending up to 10 kilometers along strike from the Main Gossan Zone [17][18] Next Steps - The company plans to delineate drill targets based on the recent results and has submitted a drill permit, with approval expected in Q1 2026 [18] - An extension of the VTEM survey is planned to enhance geological interpretation in areas with limited outcrop exposure [18]
Rockland Resources Commences 3,000-Meter Drill Program at the Cole Gold Mines Project, Red Lake, Ontario
Thenewswire· 2026-01-26 13:05
Core Insights - Rockland Resources Ltd. has initiated a 3,000-meter drill program at its flagship Cole Gold Mines Project in the Red Lake Mining District of Ontario [1] Group 1: Drilling Operations - Drilling operations are being conducted by Chibougamau Drilling, a contractor with significant experience in the Red Lake area, having previously worked on the successful Great Bear deposit [2] Group 2: Project Background - The Cole Gold Mines project is backed by a century of historical data and maps that have been digitized and modeled, enhancing the exploration efforts [3] - Rockland Resources aims to unlock value through focused mineral exploration and discovery, with the Cole Gold Mines project being central to its strategy for growth and long-term shareholder value [6]
Hi-View Appoints Former Barrick Structural Geologist to Vice President of Exploration
Thenewswire· 2026-01-26 13:00
Core Viewpoint - Hi-View Resources Inc. has appointed Nader Mostaghimi as Vice President of Exploration, aiming to enhance its exploration efforts in the Toodoggone district, which is gaining attention from major mining companies [1][6]. Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company focused on gold, silver, and copper assets in the Toodoggone region of northern British Columbia, covering over 27,791 hectares [8]. - The company's key projects include the Golden Stranger Project, the Lawyers claims, and the Borealis Project, all identified as high-priority targets [8]. Appointment Details - Nader Mostaghimi, a professional geologist with over eight years of experience in mineral exploration, has been appointed as Vice President of Exploration [2][4]. - He holds a Master of Science in Geology from the University of British Columbia and is a registered Professional Geoscientist [4]. Expertise and Experience - Mostaghimi's background includes structural geology, exploration targeting, and integrating geological data to advance exploration programs [2]. - Prior to joining Hi-View, he worked at Barrick Gold for two and a half years, focusing on regional exploration programs [3]. Strategic Focus - As Vice President of Exploration, Mostaghimi will lead the company's systematic exploration efforts in 2026, leveraging his expertise in structural geology and experience in epithermal and porphyry systems [6][4]. - The Toodoggone district is noted for its mineralization controlled by structural features, which aligns with Mostaghimi's expertise [6]. Compensation Structure - In connection with his appointment, the company will issue 400,000 restricted share units to Mostaghimi, which will vest quarterly over one year [5].
North Atlantic Titanium Completes Payment Under Option Agreement for the Everett Titanium Project in Quebec, and Announces Grant of Incentive Stock Options
Thenewswire· 2026-01-26 12:00
Company Overview - North Atlantic Titanium Corp. is a Canadian publicly traded exploration company focused on advancing the Everett titanium deposit in Quebec [4] - The company holds a 100% interest in the Sleeping Giant South project, located in the Abitibi greenstone belt, approximately 75 kilometers south of Matagami, Quebec [4] - North Atlantic Titanium is assessing two option agreements to acquire up to 80% of the silver, zinc, lead XWG and LMM properties, and an exploration agreement at the WLG mine, all located in Henan province, China [4] Recent Developments - The company has made the first option agreement payment of $200,000 in cash and is issuing 1,000,000 shares to Romaine River Titanium Inc. for the Everett titanium property [1] - North Atlantic Titanium has the option to earn up to a 75% undivided interest in the Everett Project, located 40 kilometers from Havre-Saint-Pierre and 3 kilometers from Rio Tinto's Lac Tio titanium mine [1] - The CEO announced that with the first option payment completed, the company is positioned to commence exploration activities at the Everett Project, including exploration and metallurgical testing in preparation for diamond drilling [2] Stock Options - The company has granted an aggregate of 2,000,000 stock options to directors, consultants, and employees, each exercisable into one common share at a price of $0.15 per share for a period of 3 years [2]
GSP Soil Geochemical Results Expand Surface Copper Zone at Mer and Highlight Near Surface In-Pit Resource Expansion Potential at Alwin Mine
Thenewswire· 2026-01-26 12:00
Core Viewpoint - GSP Resource Corp. has received final soil geochemical sample analysis from its Fall 2025 exploration program at the Alwin Mine and Mer property, indicating significant potential for undiscovered porphyry systems based on high-grade mineralization and geochemical anomalies [1][2][3]. Geochemical Sample Results - The 2025 Alwin-Mer results include 204 targeted grid soil geochemical samples, with notable surface rock grab samples from the Apex Zone showing assays of 1.85% copper, 348 g/t silver, and 2.6 g/t gold [2]. - At the MER area, 31 out of 157 soil samples returned copper values greater than 60 ppm, with 8 samples exceeding 150 ppm, reaching up to 315 ppm copper, defining a northwest trending copper anomaly [3]. - In the Alwin Mine area, 9 samples returned copper values greater than 60 ppm, with 5 samples exceeding 100 ppm, and the highest value recorded at 175 ppm copper [3]. Historical Context and Anomalies - Previous historic soil sampling in the Little OK Lake area yielded copper values as high as 4,400 ppm, but current results show 21 of 25 samples returning greater than 100 ppm copper, including 14 samples over 200 ppm, with a peak of 950 ppm copper [3]. - The current findings suggest that the anomaly may be related to transported tailings material from the historic Alwin Mine tailings pond [3]. Methodology and Quality Control - The analytical work was conducted by ALS Global, an accredited geoanalytical laboratory, ensuring high standards in sample collection and analysis [4][6]. - GSP Resource Corp. implemented a quality assurance/quality control program, including duplicate soil samples to assess repeatability, with no significant QA/QC issues detected [6]. Company Overview - GSP Resource Corp. is focused on mineral exploration and development in Southwestern British Columbia, owning 100% interest in the Alwin Mine Copper-Gold-Silver Property and the Mer Property [8].