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Quantum Secures Claim Covering Historic Silver Workings at Babine South, British Columbia
Thenewswire· 2026-01-27 14:00
Core Viewpoint - Quantum Critical Metals Corp. has expanded its mineral tenure at the Babine South Silver Project, acquiring the East Sunrise Adit, which has historical silver values, indicating a strategic move to consolidate ownership of promising silver resources [1][4]. Mineral Tenure Expansion - The newly acquired claim is contiguous to the existing Babine South property and covers the Boling showing, which has reported historical silver mineralization with grab samples assaying up to 835 oz/t (26,000 g/t) silver [2]. - The expanded Babine South silver claim group now covers 1,108 hectares, enhancing Quantum's control over a silver-bearing structural corridor characterized by multiple historic workings and favorable geological conditions [3]. Historical Context and Geological Insights - Silver mineralization at Babine South was first discovered in the 1920s, with significant historical production and confirmation of high-grade silver presence through various sampling methods [4][5]. - The geology of the Babine South project area includes phyllite, marble, and various volcanic and igneous rocks, with evidence of a polymetallic epithermal system [5]. Exploration Plans and Objectives - Planned exploration will focus on advancing the project towards drill-ready targets, refining existing geophysical and geochemical anomalies, and delineating priority drill targets for the 2026 exploration season [8][13]. - The company aims to systematically evaluate the silver system using modern exploration methods to understand its continuity, scale, and controls [4]. Ownership and Resource Potential - Quantum holds 100% ownership of the Babine South property with no royalties or option obligations, which positions the company favorably for future exploration and development [7]. - Historical data indicates multiple documented surface and underground silver occurrences, confirming the presence of high-grade silver mineralization [8].
MindBio Targets Global Digital Health Diagnostics Market with World First AI Powered Speech Analytics Technology
Thenewswire· 2026-01-27 13:05
Vancouver, British Columbia – TheNewswire - January 27, 2026 – MindBio Therapeutics Corp. (CSE: MBIO; Frankfurt: WF6; OTCQB: MBQIF), (the “Company” or “MindBio”), a biotechnology company that conducts clinical health research and has developed a world first AI prediction tool for drug and alcohol intoxication detection by a simple analysis of the voice, is pleased to announce the Company is targeting the global digital health diagnostics market with a first mover advantage in using speech as a diagnostic ...
Ares Accelerates Flotation Plant Construction Following U.S. Defense Contract Award and New $10M Private Placement
Thenewswire· 2026-01-27 12:30
Core Insights - Ares Strategic Mining Inc. has received a $168.9 million award under the U.S. Department of Defense's IDIQ contract and is launching a $10 million private placement to accelerate the construction of its acidspar flotation plant in Utah [1][2] - The company aims to become the sole domestic supplier of acid-grade fluorspar, a critical mineral designated by the U.S. [1][2] Construction Acceleration - The flotation plant is a key part of Ares' vertically integrated strategy to produce high-purity fluorspar [2] - The construction will proceed on an expedited timeline, partially funded by the new private placement offering of up to $10 million CAD [2][7] National and Global Impact - The U.S. has been entirely import-dependent on fluorspar for decades, and Ares is positioned to change this with the advancement of the Lost Sheep Mine and the flotation plant nearing completion [2] - Ares is becoming a cornerstone of America's domestic acidspar supply, with a $250 million contract ceiling under the DLA IDIQ [2] Strategic Positioning - Ares is aligned with national priorities and is recognized for rebuilding a critical American supply chain [3] Upcoming Milestones - The company plans to complete the flotation plant foundation and mechanical installations, begin first acidspar processing runs, execute first deliveries under the DoD contract, and advance uplisting to a senior exchange [6] Private Placement Details - Ares is offering a non-brokered private placement of up to 16,666,666 units at a price of $0.60 per unit for gross proceeds of up to $10 million [7][8] - Each unit consists of one common share and one-half of a non-transferable common share purchase warrant, exercisable at $0.75 per share for two years [8] Use of Proceeds - The net proceeds from the offering will be used to further develop the Lost Sheep fluorspar project, repay certain debts, and for general corporate working capital [10]
LAURION Reports Additional High-Grade Gold, Silver and Zinc Intersections at Ishkoday A-Zone/McLeod/CRK Zones, Confirming Structural Continuity Along the Mineralized Corridor
Thenewswire· 2026-01-27 10:00
Drill Hole Highlights – LBX25-09812.50 – 14.00 m: 1.50 m @ 10.38 g/t Au, 15.73 g/t Ag, 0.70% ZnIncluding:12.50 – 13.20 m: 0.70 m @ 22.10 g/t Au, 32.10 g/t Ag, 1.39% Znand139.00 – 140.00 m: 1.00 m @ 5.64 g/t Au, 0.70 g/t Ag, 0.02% Zn Drill Hole Highlights – LBX25-09955.70 – 63.85 m: 8.15 m @ 0.57 g/t Au, 12.23 g/t Ag, 0.89% ZnIncluding:63.10 – 63.85 m: 0.75 m @ 3.62 g/t Au, 57.20 g/t Ag, 5.22% Znand75.00 – 75.50 m: 0.50 m @ 1.99 g/t Au, 16.70 g/t Ag, 1.40% Zn93.00 – 98.50 m: 5.50 m @ 0.16 g/t Au, 1.83 ...
First Canadian Graphite Inc. Announces Financing
Thenewswire· 2026-01-26 21:50
Group 1 - The Company intends to offer up to 8,666,667 units at a price of $0.30, aiming for gross proceeds of up to $2,600,000 [1] - Each unit consists of one common share and one-half warrant, with each whole warrant allowing the purchase of one common share at $0.50 for two years [1] - The gross proceeds will be allocated for general working capital, although the Board may reallocate funds for sound business reasons [2] Group 2 - Insiders may participate in the financing, with details to be disclosed in a future news release upon closing [3] - The financing is subject to necessary regulatory approvals, including from the TSX Venture Exchange, and the securities will have a hold period of four months plus one day post-issuance [4] - The securities have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without proper registration or exemption [5] Group 3 - The Company has approved the grant of 50,000 stock options to a Consultant at an exercise price of $0.30, with a five-year term and a hold period [6] - First Canadian Graphite is managed by a team with over 150 years of collective experience in mining, with a recent success in discovering the Berkwood graphite resource in Northern Quebec [7] - The Company owns the Berkwood graphite asset 100 percent, which is expected to benefit shareholders as demand for graphite for electric vehicles increases significantly [7]
Sendero Resources Announces Closing Of $2 Million Institutional Equity Private Placement
Thenewswire· 2026-01-26 21:25
Vancouver, British Columbia – January 26 , 2026 – TheNewswire - Sendero Resources Corp. (TSXV: SEND) (the “Company” or “Sendero”) is pleased to announce the closing of a private placement (the “Offering”) by a single significant natural resources institutional investor (the “Purchaser”). The Offering has been non-brokered and results in the sale of 1,739,131 common shares of the Company at C$1.15 per share, for total consideration of approximately C$2 million which represents a premium to the Company’s pr ...
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]