Workflow
Thenewswire
icon
Search documents
First Hole Completed in Timmins Area Diamond Drill Program
Thenewswire· 2026-01-19 12:30
Core Viewpoint - Noble Mineral Exploration Inc. has announced the results of its first drill hole in Carnegie Township, Ontario, indicating promising mineralization, particularly in zinc, copper, silver, and lead, as part of a partnership with Canada 11530313 Canada Inc. [1][8] Drilling Results - The first drill hole, CG-25-01, revealed a 6.5-meter section with 0.64% zinc, including a 1-meter section with 1.90% zinc, found in graphitic sediment with 5% pyrrhotite and local concentrations of 10-15% [2]. - The drilling program includes two 500-meter holes, with the first hole completed despite challenging weather conditions [1]. Geophysical Surveys - A Mise à la Masse (MALM) survey was conducted in the anomalous section to map conductive ore bodies, revealing continuity and shape at the surface [3]. - A surficial magnetometer survey detected a magnetic anomaly coinciding with the MALM anomaly, indicating the zone is both magnetic and electromagnetic, facilitating surface tracing with traditional techniques [5]. Future Plans - An additional hole, CG-25-02, is planned approximately 200 meters northwest to intersect the same zone at a vertical depth of about 200 meters, with two more holes scheduled for Southwest Carnegie Township [7]. - Noble retains a 5-year Exploration Right for volcanogenic massive sulphide mineralization and precious metals on lands recently transferred to Canada Nickel [7]. Company Overview - Noble Mineral Exploration Inc. is a junior exploration company based in Canada, holding various mineral and exploration rights across approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec [9][11]. - The company has interests in several projects, including Project 81, which hosts diversified drill-ready targets for gold, nickel-cobalt, and base metals [12].
Enerev5 Metals Inc. Stakes Announces $400,000 Non-Brokered Private Placement and Securities-for-Debt Transaction
Thenewswire· 2026-01-19 12:00
Core Viewpoint - Enerev5 Metals Inc. is initiating a non-brokered private placement to raise up to $400,000 through the issuance of units priced at $0.01 each, which will consist of common shares and warrants [1][2]. Group 1: Private Placement Details - The offering will consist of up to 40,000,000 units, with each unit priced at $0.01, aiming for gross proceeds of up to $400,000 [1]. - Each unit includes one common share and one share purchase warrant, allowing the holder to acquire one share at an exercise price of $0.05 for five years post-closing [2]. - Proceeds from the offering will be allocated for general corporate purposes, working capital, and project review and acquisition costs [2]. Group 2: Debt Settlement - The company plans to conduct a securities for debt transaction to settle up to $105,500 in liabilities by issuing up to 10,555,000 units at a price of $0.01 per unit [3]. - Non-arm's length parties involved in the debt settlement will settle eligible debt through the issuance of shares at the same price of $0.01 per share [3]. Group 3: Insider Participation and Conditions - Certain insiders may participate in the offering, but their total participation is not expected to exceed 25% of the offering [4]. - Completion of both the offering and the debt settlement is subject to customary closing conditions, including necessary approvals from the TSX Venture Exchange [5]. Group 4: Company Overview - Enerev5 Metals Inc. is a Canadian exploration company focused on developing critical battery metals projects in stable, mining-friendly jurisdictions [7]. - The company's strategy involves building a portfolio of early-stage assets to supply ethically-sourced metals essential for the global transition to clean energy [7]. - Currently, the company is advancing lithium exploration in northeastern Nevada and evaluating additional opportunities for long-term growth [7].
Germanium Mining Corp. Joins Canadian Association of Defence and Security Industries in Support of Its Ongoing Advancement of The Company's Critical and Strategic Mineral Portfolio
Thenewswire· 2026-01-19 08:05
Core Viewpoint - Germanium Mining Corp. has joined the Canadian Association of Defence and Security Industries (CADSI), enhancing its commitment to the development of critical minerals in Canada and aligning with national security interests [1][2]. Group 1: Membership and Strategic Importance - Membership in CADSI allows the company to engage with defense industry forums, policy roundtables, and technical workshops, facilitating collaboration within Canada's defense and security community [2]. - The company aims to understand evolving defense priorities and contribute to national supply chain resilience through its engagement with CADSI [2]. Group 2: Project Overview - The Lac du Km 35 Property, located 40 kilometers east of Chibougamau in Quebec, is accessible via Highway 167 and forestry roads, covering significant geological formations [3][4]. - The key target is the historical Laganiere Germanium showing, which returned 0.02 percent (186 parts per million) Germanium, and is near untested electromagnetic anomalies [5]. - Recent prospecting in 2024 has shown promising values in nickel, cobalt, copper, and gold, indicating potential for a broader polymetallic system [6]. Group 3: Company Background - Germanium Mining Corp. is focused on the exploration and advancement of discovery-stage mineral properties in top-tier mining jurisdictions across North America [7]. - The company is a member of multiple industry associations, including the Nevada Mining Association and the National Defense Industrial Association (NDIA) [7].
Armory Mining Provides Corporate Update
Thenewswire· 2026-01-19 08:05
Core Insights - Armory Mining Corp. is focused on the exploration and development of minerals critical to the energy, security, and defense sectors, with updates on exploration activities scheduled through Q2 2026 [1] Group 1: Ammo Gold-Antimony Project - The company has engaged Castello Q Exploration Corp to conduct an initial phase one work program at its 100% owned Ammo Antimony-Gold project in Nova Scotia, Canada [2] - The Ammo project spans 3,092 hectares and is contiguous to the historical West Gore antimony-gold mine, which produced significant quantities of antimony and gold during World War I [3] - Historical production records indicate nearly 32,000 metric tons of output from 1914-1917, yielding over 7,000 metric tons of antimony concentrate with a grade of 46% and a total of 6,861 ounces of gold recovered [4] - The initial work program will include data compilation, prospecting, reconnaissance, detailed surface sampling, and geophysics, with a budget of up to $656,000 CAD for this phase [5][6] Group 2: Candela II Lithium Deposit - The company is advancing its Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina, with a scoping study underway to evaluate its technical viability and economic potential [9][10] - The Candela II project has an inferred resource of 457,000 tonnes of lithium carbonate in-situ, as estimated by WSP Australia [10] - The lithium carbonate price has increased by 30% since the start of the year, reaching a two-year high, highlighting the project's significance for the company [11] - The project is situated in the 'Lithium Triangle,' an area known for lithium production, with Ganfeng Lithium, Rio Tinto, and Power Minerals operating nearby [12] Group 3: Company Overview - Armory Mining Corp. holds an 80% interest in the Candela II lithium brine project and 100% interest in both the Ammo antimony-gold project and the Riley Creek antimony-gold project located in British Columbia [14]
Plaid Advances Graphene-Enhanced Wellbore Cement Platform with Newly Developed Prepared Additive Technology
Thenewswire· 2026-01-16 23:45
Core Viewpoint - The company has achieved a significant advancement in its graphene-enhanced cement technology, transitioning to a simplified, ready-to-blend additive that enhances scalability and operational efficiency [1][2][3]. Group 1: Technology Advancement - The company has developed a graphene-enhanced cement additive that integrates graphene-layering technology into the cement blend, allowing it to be handled like conventional cement additives [2]. - This innovation improves operational simplicity and efficiency by aligning with standard weight formats and handling procedures used at oil and gas well sites, removing barriers to large-scale deployment [3]. - The new approach eliminates the need for specialized mechanical equipment and additional power requirements, facilitating rapid scaling across multiple sites [3]. Group 2: Production and Consistency - The prepared additive is produced under controlled conditions, ensuring tighter formulation control and greater consistency compared to mechanical modification in variable field environments [4]. - This centralized production model supports repeatable performance at scale, which is crucial for wellbore abandonment applications where long-term integrity is essential [4]. Group 3: Operational Benefits - By utilizing existing mixing infrastructure and logistics chains, the company believes this approach streamlines field operations, supports faster deployment, lowers costs, and reduces environmental impact [5]. - These attributes align with the industry's focus on efficiency, predictability, sustainability, and solutions that can be broadly adopted without disrupting established workflows [5]. Group 4: Strategic Outlook - Management views this development as a key enabler for commercial scale-up and is evaluating opportunities for intellectual property protections related to the new additive technology [6]. - The CEO emphasized that this advancement simplifies deployment and improves consistency, positioning the company to address challenges such as methane leakage from oil and gas wells in the U.S. as it moves toward commercialization [7]. Group 5: Company Focus - The company is focused on developing and commercializing graphene-enhanced technologies, with an initial emphasis on wellbore cement and subsurface applications [8]. - The unique graphene-infused concrete mixture is expected to pave the way for advancements in well abandonment, combining innovative materials with precision engineering [8].
Granada Proposes To Issue Shares For Debt
Thenewswire· 2026-01-16 23:30
Core Viewpoint - Granada Gold Mine has reached an agreement to repay $300,000 in debt through the issuance of 3,000,000 common shares at a price of $0.10 per share, subject to regulatory approval [1][2]. Group 1: Debt Repayment Agreement - The total debt repayment amounts to $300,000, which will be settled by issuing 3,000,000 common shares at a deemed price of $0.10 per share [1]. - The transaction is subject to a hold period of four months and a day in accordance with Canadian Securities Laws and requires approval from the TSX Venture Exchange [2]. Group 2: Related Party Transaction - The transaction is classified as a "related party transaction" since two directors of the company are also principals of the creditors [3]. - The company is exempt from formal valuation and minority shareholder approval requirements as the transaction's fair market value does not exceed 25% of the company's market capitalization [3]. Group 3: Management Changes - Christopher Ecclestone has resigned as a director of the company, and the company expresses gratitude for his contributions [4]. Group 4: Company Overview - Granada Gold Mine Inc. is focused on developing and exploring its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, covering 14.73 square kilometers [6]. - The company is currently conducting a large drill program, with 18,000 meters completed out of a planned 120,000 meters, although drilling is paused for data evaluation and market conditions [6]. Group 5: Historical Mining Data - The Granada Shear Zone and South Shear Zone contain up to twenty-two mineralized structures over five and a half kilometers, with historical underground grades ranging from 8 to 10 grams per tonne gold [7]. - The property includes a former underground mine that produced over 50,000 ounces of gold at 10 grams per tonne in the 1930s, with additional bulk samples extracted in the 1990s [8].
Grafton Resources Announces Letter of Intent to Acquire Silver One Project in Chile
Thenewswire· 2026-01-16 23:00
Core Viewpoint - Grafton Resources has entered into a non-binding letter of intent to acquire a 100% interest in the Silver One project in Chile, which is seen as a high-grade silver-copper target with significant development potential [1][2][15]. Project Overview - The Silver One project is located in the historic Au-Ag-Cu mining Pedernal district of central Chile, accessible via established roads [4]. - The project area hosts nearly 90 ore bodies, characterized by polymetallic veins and epithermal low sulfidation vein systems [5]. - Historical mining indicates the presence of silver-copper-bearing sulphide vein systems, with significant grades reported in waste material [7][10]. Geological Interpretation - The project targets mineralized veins hosted within grey volcanic breccias, with a favorable horizon for Ag-Cu sulphide deposition [8]. - Historic waste dump material averages 296 g/t Ag and 2.6% Cu, indicating high potential for valuable mineralization [10][9]. Acquisition Terms - The proposed acquisition involves a total deemed consideration of C$820,000, including a cash payment of C$100,000 and the issuance of 800,000 common shares valued at C$720,000 [11]. - The shares will be subject to voluntary escrow provisions over 36 months [11]. Next Steps - The company plans to drill the Silver One project in the second half of 2026 and is building a local exploration team [3]. - Future steps include securing access to historic stopes, targeted geophysical surveys, and focused drilling to test mineralization continuity [14][15]. Company Background - Grafton Resources is a Canadian exploration company focused on mineral asset discovery and development in the Americas, emphasizing responsible exploration and community partnerships [19]. - The company will change its OTC ticker symbol to "GFTFF" effective January 20, 2026, aligning its U.S. market identity with its corporate name [16].
Nord Precious Metals Announces Appointment of CFO
Thenewswire· 2026-01-16 22:00
Core Viewpoint - Nord Precious Metals Inc. has appointed Heidi Gutte as the new Chief Financial Officer, effective January 15, 2026, replacing Robert Suttie [1][3] Group 1: Leadership Changes - Heidi Gutte brings over 15 years of experience in corporate finance, IFRS financial reporting, and compliance within the mineral exploration and mining sector [2] - The company expresses gratitude to Robert Suttie for his contributions during his tenure [3] Group 2: Company Overview - Nord Precious Metals operates TTL Laboratories, the only permitted high-grade milling facility in Ontario's historic Cobalt Camp, linking high-grade silver discovery with strategic metals recovery [4] - The flagship Castle property covers 63 square kilometers and includes the Castle Mine, with an inferred resource of 7.56 million ounces of silver at an average grade of 8,582 g/t Ag [5] Group 3: Processing Strategy - The company's integrated processing strategy allows for multiple metal recovery streams, enhancing the economics of extracting critical minerals like cobalt and nickel [6] - The Re-2Ox hydrometallurgical process is validated at pilot scale, producing battery-grade cobalt sulfate while addressing arsenic barriers in complex ores [6] Group 4: Strategic Portfolio - Nord maintains a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project [7]
Giant Mining Highlights Tourmaline Breccia Pipe Controls to Copper and Silver Zones at Majuba Hill Copper-Silver-Gold Project in Nevada
Thenewswire· 2026-01-16 21:05
Core Insights - Giant Mining Corp. has announced further results from its Breccia Study at the Majuba Hill Project, indicating the presence of multiple discrete breccia bodies [1][2] - The project has shown high-grade copper and silver values, with significant intercepts reported in core holes MHB-30 and MHB-32, which also revealed anomalous gold [2][3] - The prices of copper, silver, and gold have reached record highs, enhancing the economic viability of the Majuba Hill Project [6][10] Geological and Mineralization Insights - Tourmaline breccia pipes have been identified in drill cores and surface outcrops, correlating with high-grade copper and silver values [2][3] - The Majuba Hill Project is characterized by a potentially large Cu-Ag +/- Au mineralized body, with indications of significant expansion potential [11][16] - The project has a historical production background and has undergone approximately 89,395 feet of drilling, with a replacement value of USD 12.1 million [11] Market and Economic Context - Silver prices have increased by over 150% in the past year, positively impacting the economics of silver-rich copper projects like Majuba [6] - Current market conditions show that copper reached an all-time high of USD 6.07/lb in January 2025, while silver and gold also achieved record prices [10] - The Majuba Hill Project is located in a top-ranked mining jurisdiction in Nevada, benefiting from strong local infrastructure and a favorable regulatory environment [8][11] Company Strategy and Future Plans - Giant Mining is focused on advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals [15] - The company has secured funding for the next phase of drilling at Majuba Hill, indicating a commitment to further exploration and development [11][16] - An agreement with Plutus Invest & Consulting GmbH has been established to enhance marketing and investor awareness in the European market [13]
Vanguard Mining Engages Qualified Person to Update NI 43-101 Technical Report for Redonda Copper-Molybdenum Project, British Columbia
Thenewswire· 2026-01-16 21:05
Core Viewpoint - Vanguard Mining Corp. is updating its technical report for the Redonda Copper-Molybdenum Project to include recent drilling data and historical information, aiming to refine the geological model and assess mineralization potential [1][11]. Drilling and Technical Report - The updated technical report will incorporate results from the last two drill campaigns, including pending assays from the 2025-2026 campaign and historical data from Teck Resources Ltd. [2][4] - Vanguard engaged Paradigm Drilling Ltd. to execute the recent drill program using a Boyles T-75 hydraulic drill capable of reaching depths over 600 metres [3]. Historical Context - The Redonda Project has a history of exploration, with Teck Resources completing nine diamond drill holes totaling 1,681 metres in 1979, and Vanguard conducting follow-up drilling in 2023 with five holes totaling 799.81 metres [4][11]. - Historical drilling encountered copper-molybdenum mineralization, but these results are not treated as current resources or reserves [4]. Recent Drilling Results - The 2023 exploration program reported various mineralization intervals, with notable results including: - Hole Red-23-04: 15.2 m at 0.452% Cu and 0.0265% Mo from 3.1 to 18.2 m [7] - Hole Red-23-05: 142.6 m at 0.279% Cu and 0.0281% Mo from 39.3 to 182.0 m [7] - The 2023 assays compared closely with historical results from 1979, indicating consistency in mineralization [5]. Collaboration and Community Engagement - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor, training opportunities, and using Klahoose-affiliated service providers for logistics [16]. - Ongoing engagement will include regular updates on work plans and adherence to cultural heritage protocols [16]. Geological Insights - The Redonda Project is located within the Coast Suture Zone and features geological characteristics similar to nearby porphyry systems, with mineralization concentrated along a hornblende dike [21]. - The geological model is being refined using data from a 2024 airborne geophysical survey, which identified potential intrusive centers and structural corridors [17][19]. Project Overview - The Redonda Project encompasses nine mineral claims totaling 2,746.46 hectares, accessible year-round via barge service and logging roads [20]. - The project is positioned to explore high-value strategic minerals critical to the global energy transition [23].