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VanadiumCorp Files for Conditional Approval of $1.4 Million Private Placement Financing, Closes First Tranche
Thenewswire· 2025-11-13 13:50
Core Viewpoint - VanadiumCorp Resource Inc. is seeking conditional approval for a private placement financing to raise up to $1.4 million through the issuance of flow-through and non-flow-through units, aimed at funding exploration activities and qualifying for tax credits related to critical minerals [1][2][4]. 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 [2]. - The first tranche of the financing aims to raise $700,000 by issuing 2,333,333 flow-through units [3]. Use of Proceeds - Proceeds from the sale of flow-through units will be used to incur eligible Canadian exploration expenses, specifically targeting critical minerals, including vanadium, by December 31, 2026 [4]. - The company has obtained the necessary tax credit certification to ensure that the expenditures qualify as flow-through critical mineral mining expenditures [4]. Company Overview - VanadiumCorp Resource Inc. is focused on developing vanadium-rich assets in Quebec, with its flagship project being the Lac Doré Vanadium Project, which is noted for high-purity vanadium suitable for energy storage applications [6]. - The company has established an electrolyte pilot plant in Val-des-Sources, Québec, to test vanadium materials and support future commercial production of vanadium electrolyte for vanadium redox flow batteries (VRFBs) [6]. - 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 [6].
High-Grade Nickel and Platinum Group Metal Discovery Expands Manicouagan Critical Minerals Potential
Thenewswire· 2025-11-13 13:10
 Montréal – TheNewswire - November 13, 2025 – St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) reports two major milestones: the first recorded revenues from its wholly owned subsidiary, St-Georges Metallurgy Corp., and the identification of a new high-grade nickel-copper-PGE target zone at its Manicouagan Project in Québec. These achievements underscore the Company’s dual focus on advancing critical-materials exploration and generating early-stage metallurgical revenues. St-Georges Metallu ...
Generation Uranium Announces Appointment of Michael Collins as Chief Executive Officer
Thenewswire· 2025-11-13 13:00
Core Insights - Generation Uranium Inc. has appointed Michael Collins as the new Chief Executive Officer and Director, effective immediately [1] - Michael Collins brings over 30 years of experience in the mining and exploration industry, having held senior roles in corporate development and project management [2] - The company is focused on advancing its uranium assets in Canada's Angilak Basin and aims to execute its exploration and growth objectives for 2026 [4] Company Overview - Generation Uranium is a Canadian resource exploration company specializing in uranium, with a 100% ownership of the Yath uranium project located in Nunavut's Angilak district [5] - The Yath Project is considered to have significant potential for uranium discovery, and the company is well-positioned to contribute to the future supply of clean nuclear energy [5] Leadership Transition - Michael Collins expressed enthusiasm about joining Generation Uranium and emphasized the potential of the Yath Project [3] - The company acknowledged the contributions of former CEO Mr. Huggins and wished him well in his future endeavors [3]
Western Star Resources Announces Results Of Annual General Meeting
Thenewswire· 2025-11-13 13:00
Core Points - Western Star Resources Inc. held its Annual General Meeting on October 23, 2025, where shareholders voted 100% in favor of all resolutions presented [1] - A total of 8,739,503 common shares, representing 59.78% of the Company's issued and outstanding shares, were voted at the Meeting [1] Company Overview - Western Star Resources is a mineral exploration and development company focused on increasing shareholder value through cost-effective exploration practices and partnerships [2] - The company owns nine non-surveyed contiguous mineral claims totaling 4,740 hectares located in the Revelstoke mining division of British Columbia, approximately 50 kilometers southeast of Revelstoke [2]
First Tellurium and PyroDelta Target Robotics Industry for Sales of Thermoelectric Cooling Devices
Thenewswire· 2025-11-13 12:30
Core Insights - First Tellurium Corp. is launching research and development for thermoelectric cooling devices aimed at the robotics industry, providing solid-state cooling for sensitive electronics in harsh environments [2][3] - The global robotics market is projected to grow significantly, with estimates ranging from US$33.9 billion in 2024 to US$60.5 billion by 2030, reflecting a CAGR of 9.9% from 2025 to 2030, while another estimate suggests a market value of US$47.8 billion in 2024, reaching US$211.1 billion by 2034, with a CAGR of 16.6% from 2025 to 2034 [3][4] - The company’s proprietary manufacturing process, Capillary Casting, allows for lower production costs compared to existing devices, positioning it favorably in the market [4][5] Company Strategy - First Tellurium aims to capitalize on the growing robotics market and is exploring additional markets such as high-payload drones, AI data centers, and combustion engines [5] - The company’s business model focuses on generating revenue through the development of tellurium-based technologies, mineral discovery, and project development [6]
Drilling Completed at Silver North's Flagship Haldane Silver Property, Yukon
Thenewswire· 2025-11-13 12:30
Core Insights - Silver North Resources Ltd. has completed its 2025 exploration program at the Haldane Silver Property, with a total of eight drill holes totaling 1,759.5 meters [1][6] - The primary goal of the drill program was to test the strike and depth continuity of the Main Fault target, which has been successfully achieved [2] - The company is awaiting assay results from the drilling program, with all analytical sampling completed and samples submitted for analysis [2] Exploration Details - The eight drill holes were completed from four pads, testing approximately 150 meters of strike along the Main Fault structure and a maximum of 150 meters down dip on one section [2][6] - In addition to drilling, over 15 square kilometers of LiDAR and photogrammetry surveys were conducted over the Mt Haldane Vein System, which hosts the majority of vein targets [3] - The surveys aim to identify structural lineaments and provide better topographic control for future drilling and modeling of the vein systems [3] Company Overview - Silver North's primary assets include the 100% owned Haldane Silver Project, the Tim Silver Project (under option to Coeur Mining, Inc.), and the GDR project, with plans to acquire additional silver properties in favorable jurisdictions [4] - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the United States under the symbol "TARSF" [5]
Falcon Confirms Robust Economics in Anode Plant Study with US$86 Million Initial CapEx and First Production Targeted for H2 2027; Offtake and Testing Advancing
Thenewswire· 2025-11-13 12:00
Core Insights - Falcon Energy Materials plc has announced positive results from a technical-economic study for its natural graphite spheroidization, purification, and coating plant in Morocco, indicating strong financial and operational fundamentals for becoming a low-cost producer of coated, spheroidized, and purified graphite at an industrial scale [2][4]. Group 1: Technical Study and Economic Viability - The Technical Study, prepared to AACE Class 3 standards, confirms the economic viability of the CSPG facility in Morocco [2][6]. - The Anode Plant is designed to produce 26,000 tonnes of CSPG and 19,000 tonnes of fines annually, with initial capital costs estimated at US$86 million and operating costs at US$3,168 per tonne of CSPG [8][21]. Group 2: Production Process and Technology - The Anode Plant will utilize advanced processes for spheroidization, purification, and coating, producing high-quality CSPG with a purity of 99.95% [9][14]. - The facility will be strategically located in Jorf Lasfar, Morocco, benefiting from key port and energy infrastructure, as well as free trade agreements with the US and EU [6][10]. Group 3: Strategic Partnerships and Market Focus - Falcon has partnered with a leading CSPG producer to leverage established technology and supply chains, enhancing its competitive position in the European and North American markets [4][5]. - The company aims to close critical gaps in the battery materials supply chain, providing essential anode materials to Western manufacturers and end-users [4][5]. Group 4: Next Steps and Timeline - The company has initiated an environmental impact assessment (EIA) expected to be completed in H1 2026, which is necessary for obtaining construction permits [22]. - Construction of the pilot plant is on track for completion in Q4 2025, with first CSPG samples available for customer testing expected in the same timeframe [23][24].
Homeland Nickel Enters Agreement with USA Company, Amplifying Exposure to Strategic Holdings
Thenewswire· 2025-11-13 12:00
Core Viewpoint - Homeland Nickel Inc. has formed a partnership with Patriot Nickel Corp to enhance domestic nickel supply in the U.S., particularly in Southern Oregon, aligning with the America First trend [2][5]. Company Overview - Homeland Nickel is a Canadian mineral exploration company focused on critical metal resources, with nickel projects in Oregon and copper and gold projects in Newfoundland [8]. Partnership Details - The partnership involves Homeland optioning its Cleopatra Property (historical resource of 39.5 million tonnes at 0.93% Ni) and Eight Dollar Mountain Property to Patriot [5]. - Homeland will receive 20% of Patriot's common shares, staged cash payments totaling USD $1.25 million, and a minimum expenditure requirement of USD $3 million over three years [5]. - Patriot is required to bring one property to pre-feasibility to earn an 80% interest in both properties, and will assume 50% of progress payments to RAB Capital (CAD $7.5 million) [5]. Historical Resource Verification - The historical resource on the Cleopatra Property was initially prepared in 2009 and later reviewed in 2023, confirming compliance with NI 43-101 standards [4][5]. - To make the historical resources compliant, a minimum of 10% of the original work will need to be repeated, primarily involving twinning selected auger holes [7]. Management and Governance - Stephen Balch, President and CEO of Homeland, emphasizes the benefits of the partnership, including American investor interest and management [2]. - Homeland will appoint one director to Patriot and will operate exploration programs until a joint venture is formed [5].
Gamma Resources Commences Work Programs at U.S. Uranium Projects in Utah and New Mexico
Thenewswire· 2025-11-13 12:00
Core Viewpoint - Gamma Resources Ltd. has initiated significant work programs at its Green River Uranium Project in Utah and Mesa Arc Uranium Project in New Mexico, marking a pivotal step in advancing its U.S. uranium portfolio and preparing for resource estimation, permitting, and drilling initiatives [1][3]. Green River Uranium Project – Utah - The Green River Project consists of 41 royalty-free lode claims targeting uranium mineralization in the Salt Wash Member of the Morrison Formation, with historical deposits totaling 5.3 million lbs U₃O₈ and past production of 1 million lbs U₃O₈ [3][4]. - A technical field team has been mobilized to conduct a detailed airborne survey to identify historic boreholes and open collars for downhole gamma logging, with completion expected by the second week of December 2025 [4][5]. - The results from the airborne survey will help define targets for follow-up exploration and additional land acquisition during the first half of 2026 [5][6]. Mesa Arc Uranium Project – New Mexico - The Mesa Arc Project comprises 41 lode mining claims recently expanded by 185 new federal claims, covering approximately 4,520 acres, with historical uranium production and mineralization documented [7][10]. - A 20-hole (6,500 ft) drill program is planned to twin historic holes and test step-out targets, including the Todilto Formation, with permitting submissions to the U.S. Forest Service underway and drilling anticipated to begin in Q2 2026 [6][10]. - The Todilto Formation has a history of over 17 million lbs of U₃O₈ production since the late 1970s, yet has never been drilled on Gamma's ground [10]. Corporate Update - Gamma has engaged Departures Capital Inc. for investor communications and marketing advisory services for an initial term of twelve months at a fee of C$30,000 [11]. Industry Context - The U.S. government has designated uranium as a critical mineral, enabling federal agencies to fast-track permitting and prioritize uranium mining and related infrastructure [17]. - The uranium market is experiencing a historic supply-demand imbalance, with spot uranium prices recovering from lows near US $63/lb in early 2025 to over US $80.00/lb as of October 2025, driven by underinvestment and geopolitical trade tensions [18]. - Nuclear energy is increasingly recognized as a reliable, carbon-free energy source, prompting Western governments to invest in domestic fuel chains and advanced reactor technologies, positioning companies like Gamma favorably in the market [18].
Red Canyon Completes Kendal Ridge Targeted Drill Program and Expands Soil Geochemistry Survey
Thenewswire· 2025-11-13 11:30
Core Insights - Red Canyon Resources Ltd. has successfully completed a Phase 2 targeted diamond drill program and an expanded soil geochemistry sampling program at its 100% owned Kendal copper project in British Columbia [1][2] Company Highlights - The drill program at Kendal Ridge intersected copper and molybdenum mineralized porphyry veins in all drill holes, enhancing the understanding of the mineralizing and structural features of the hydrothermal system [2] - The Kendal Ridge zone exhibits some of the highest vein densities encountered to date, with early interpretations suggesting a strong vector to a possible porphyry center located east of recent drilling [2] - The expanded soil geochemistry program included 252 samples aimed at improving vectoring within the hydrothermal system, which may host multiple copper porphyry centers [4][20] Kendal Project Overview - The Kendal project consists of five mineral claims covering 2,738 hectares, located approximately 25 km northeast of Terrace, British Columbia, with excellent infrastructure including highways, hydroelectric power, and rail corridors [3] - The project area is accessible via logging roads and lies within the traditional territory of the Kitselas First Nation [3] Drilling Details - A total of five diamond drill holes were completed, totaling 2,548 meters, targeting a 500 by 500 meter area within the Kendal Ridge zone [4] - All drill holes intersected porphyry-style B veins with varying amounts of pyrite, chalcopyrite, and molybdenum, indicating strong mineralization along the eastern flanks of Kendal Ridge [4][11] - Drill hole RCKD-25-006 intersected a significant north/south structure beneath the Moly Fork drainage, interpreted as a long-lived fluid pathway crucial to the Kendal system's genesis [4][11] Soil Geochemistry Program - The large-scale soil sampling program aimed to target areas with limited rock exposure, utilizing a consistent sampling approach and modern multi-element ICP analyses [20][22] - Assay results from the Kendal programs are anticipated in late 2025 or early 2026 [4][22] Company Background - Red Canyon Resources is a geoscience-driven mineral exploration company focused on copper and copper-gold porphyry projects in North America [23] - The company has a technical team with diverse backgrounds in capital markets and mining, emphasizing a discovery-driven approach [23]