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Infinitum Closes Sale Of Additional Interest In Hot Breccia Project In Arizona
Thenewswire· 2026-01-16 21:05
Core Viewpoint - Infinitum Copper Corp. has successfully closed a mineral property sub-option agreement with Prismo Metals Inc., allowing Prismo to acquire up to a 75% interest in the Hot Breccia property in Arizona, demonstrating the company's strategy to focus on core assets and exploration opportunities [1][2]. Group 1: Transaction Details - Infinitum granted Prismo an option to acquire up to a 75% interest in the Hot Breccia property, with Prismo agreeing to pay C$185,000 for 80% of Infinitum's remaining interest [1]. - Prismo will assume all remaining obligations of the underlying option agreement with the property owner, while Infinitum retains a 5% interest that may be assigned to Prismo under certain conditions [1]. Group 2: Strategic Focus - The transaction aligns with Infinitum's growth strategy to dispose of non-core assets and concentrate on the acquisition and exploration of mineral properties [2]. - Proceeds from the sale will be utilized for general working capital and to explore new opportunities [2]. Group 3: Company Overview - Infinitum Copper Corp. is a Canadian junior exploration company focused on advancing copper projects in the Americas, aiming for disciplined growth through the discovery and development of scalable copper assets [5].
Providence Gold Mines Inc. Announces Final Approval of Reviewable Transaction and The La Dama de Oro Gold Property NI43 101 Report
Thenewswire· 2026-01-16 21:05
Core Viewpoint - Providence Gold Mines Inc. has received final regulatory approval for its Reviewable Transaction involving the La Dama de Oro project, confirming the potential for further exploration and development of the property [1]. Group 1: Property Overview - The La Dama de Oro gold property is a historical high-grade gold producer with all necessary permits in place, including those for water, road, environmental, and mill site operations, and is approved for a 1,000-ton bulk sample [2]. - The property has not undergone any modern scientific exploration or drilling, resulting in no developed or identified NI 43-101 compliant resources [2]. Group 2: Geological and Mineralization Insights - The La Dama de Oro Property is situated in the Silver Mountain Mining District, characterized by complex geological structures, including the Eastern California Shear Zone and the San Andreas Fault Zone [3]. - The mineralization is classified as a low-sulfidation epithermal gold-silver vein system, with significant gold and silver mineralization associated with quartz veining and hydrothermal alteration along the La Dama de Oro Fault [4]. - The largest known vein measures 4.5 feet at its widest point and remains open for exploration over a length of more than 6,000 feet, indicating potential for discovering additional parallel veins [4]. Group 3: Management Commentary - The President & CEO of the company, Ronald A. Coombes, emphasized that having all permits in place eliminates uncertainty and allows the company to capitalize on the robust potential of the La Dama de Oro property [5].
Ventripoint Issues Shares for Payment of Debenture Interest
Thenewswire· 2026-01-16 13:05
Core Insights - Ventripoint Diagnostics Ltd. has received approval from the TSX Venture Exchange to issue 1,164,044 common shares to satisfy $104,752 in interest payments on outstanding Convertible Debentures [1] - The Convertible Debentures carry an interest rate of 10% per annum, with interest payable every six months [1] - The shares will be issued at a deemed price of $0.09 and are subject to a hold period of four months and one day [1] Company Overview - Ventripoint is a leader in AI-enhanced cardiac imaging solutions, specifically in the application of AI to echocardiography [3] - The company's VMS+™ products utilize proprietary knowledge-based reconstruction technology, providing accurate volumetric cardiac measurements comparable to MRI [3] - Ventripoint's technology is an affordable alternative that enhances cardiologists' confidence in patient management and is compatible with all ultrasound systems from various vendors [3]
Lighthouse Gold Announces Upsize of Non-Brokered Private Placement of Units
Thenewswire· 2026-01-16 13:00
Core Viewpoint - Lighthouse Gold Inc. has increased its non-brokered private placement from $700,000 to $854,000 due to significant market demand, aiming to raise up to $854,000 through the issuance of units priced at $0.07 each [1][2]. Group 1: Offering Details - The upsized offering will consist of up to 12,200,000 units, with each unit comprising one common share and one-half of a share purchase warrant [1][2]. - Each warrant is exercisable for one additional share at an exercise price of $0.13 per share for a period of 18 months from the closing date [2]. - The proceeds from the offering will be used for exploration of mineral properties and general working capital [2]. Group 2: Closing and Stock Options - The company anticipates closing the offering on or about January 29, 2026 [3]. - Lighthouse Gold has granted a total of 4,850,000 stock options to directors, officers, and consultants, with each option exercisable at $0.10 per share for five years [5]. Group 3: Company Overview - Lighthouse Gold Inc. is focused on mineral exploration and development, particularly in acquiring and exploring gold properties in Guyana, South America [6]. - The company currently holds a 100% interest in two properties located in Guyana [6].
Prismo Metals Closes Acquisition of Increased Interest in Hot Breccia
Thenewswire· 2026-01-16 07:30
Core Viewpoint - Prismo Metals Inc. has increased its interest in the Hot Breccia copper project from 75% to 95% and has an option to acquire the remaining 5%, aiming for full ownership of the project [1][2]. Group 1: Transaction Details - Prismo paid CA $185,000 to acquire an additional 20% interest in the Hot Breccia project and assumed Infinitum's obligations under the existing option agreement [2]. - The transaction includes the issuance of 450,630 common shares to Walnut Mines LLC at a deemed price of $0.11 per share [2]. - Prismo will pay Infinitum 5% of any consideration received if it assigns its interest in Hot Breccia to a third party [2]. Group 2: Strategic Importance - The acquisition significantly enhances Prismo's strategic flexibility regarding the Hot Breccia project [2]. - The project is located in Arizona's copper belt, which contains several major porphyry copper deposits, indicating its potential value [3]. Group 3: Future Plans - Prismo is committed to advancing the Hot Breccia project and is evaluating various strategic alternatives to initiate drilling [2]. - Walnut Mines LLC supports actions that will facilitate a serious drilling program at Hot Breccia, with hopes for progress in 2026 [2].
Adamera Oversubscribes Financing to $1 Million and Adjusts Terms
Thenewswire· 2026-01-15 22:00
Core Viewpoint - Adamera Minerals Corp. has successfully oversubscribed its non-brokered private placement financing, indicating strong investor interest and support for the company's projects [1][2]. Financing Details - The private placement will consist of up to 18,200,000 units priced at $0.055 per unit, with each unit comprising one common share and one common share purchase warrant [1]. - Each warrant is exercisable at a price of $0.12 for a period of three years, an extension from the previous two-year term [1]. - The financing aims to fund administrative and exploration costs associated with the company's projects [2]. Company Overview - Adamera Minerals Corp. focuses on exploring high-grade gold, silver, and copper deposits in Washington State and British Columbia, holding numerous drill-ready targets in areas with past producing mines [4].
Corrected: Hi-View Resources Inc. to Attend and Present "District Scale Exploration of the Toodoggone Region" at Vancouver Resource Investment Conference (VRIC)
Thenewswire· 2026-01-15 17:55
Core Viewpoint - Hi-View Resources Inc. is set to present at the Vancouver Resource Investment Conference, showcasing its exploration strategy in the Toodoggone Region, which is a significant opportunity for engagement with investors and industry stakeholders [1][4]. 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 [6][8]. - The company has a portfolio that includes high-priority projects such as the Golden Stranger Project, the Lawyers claims, and the Borealis Project [6][8]. Conference Details - The Vancouver Resource Investment Conference is a premier global event for the mining and resource investment sector, providing a platform for companies to showcase projects and engage with investors [3]. - Hi-View will be exhibiting at Booth 911 and presenting on January 26th from 2:00–2:10 PM in workshop 5 [1]. Strategic Focus for 2026 - In 2026, Hi-View's strategy will focus on selectively expanding its land position in the Toodoggone District while advancing systematic exploration across its existing portfolio [5]. - The company plans to prioritize fieldwork and technical programs to refine geological models and identify high-quality drill targets, with an intention to pursue further financing at improved valuations [5].
Scandium Canada Confirms No Undisclosed Material Information
Thenewswire· 2026-01-15 14:15
Core Viewpoint - Scandium Canada Ltd. is currently experiencing increased market activity, but the company is not aware of any corporate developments that would explain this trend [1]. Company Overview - Scandium Canada Ltd. (TSX-V: SCD) aims to become a leading producer of scandium, focusing on the development and commercialization of aluminum-scandium (Al-Sc) alloys [3]. - The company is leveraging its Al-Sc alloys development subsidiary and the Crater Lake mining project to meet the rising demand for lighter, greener, and high-performance materials [3]. - Scandium Canada is committed to fostering a more responsible economy through innovation and agility [3]. Regulatory Compliance - The company confirms that all material information regarding its business and operations has been publicly disclosed in accordance with applicable securities laws and TSX Venture Exchange requirements [2].
Angkor Resources Advances Exploration On CZ Gold And Wild Boar Prospects, Andong Meas License, Cambodia
Thenewswire· 2026-01-15 13:50
Core Insights - Angkor Resources Corp. is initiating additional exploration on its CZ Gold target located in Ratanakiri Province, Cambodia, following previous announcements regarding the gold prospect [1][2] Exploration Activities - The CZ Gold Prospect is situated on a steep hill with a 47-metre underground incline, where artisanal miners have conducted shallow channel sampling [2] - A trenching, sampling, assay, and analysis program will be conducted, starting at the top of the exit area, with the trench expected to be 80 metres long [3][4] - Farmers will be compensated for any loss or damage to their crops during the exploration activities [3] Additional Prospects - Plans are underway for a drill program on the Wild Boar gold prospect, located 3 kilometers east of the CZ target, where trenching has revealed quartz veins and expanded the gold anomaly to 1.5 by 1.2 kilometers [7] Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada [9] - The company holds two mineral exploration licenses in Cambodia, with multiple prospects in copper and gold [9] - Angkor's energy subsidiary, EnerCam Resources Cambodia Co. Ltd., has an onshore oil and gas license covering over 4095 square kilometers in Cambodia [10]
GOAT Industries Announces Commencement of Trading on OTCQB
Thenewswire· 2026-01-15 13:30
Core Viewpoint - GOAT Industries Ltd. has resumed trading on the OTCQB Venture Market, enhancing its visibility and accessibility to U.S. investors [1][2]. Company Overview - GOAT Industries Ltd. is an investment issuer focused on investing in high-potential companies across various industries and sectors, aiming to generate maximum returns from its investments [3]. - The company provides access to its final prospectus, financial statements, and management's discussion and analysis on its profile page on SEDAR+ [3]. Trading Resumption - The company successfully completed the OTC Markets Group qualification review process, with no further comments raised during the final review [2]. - The resumption of trading is expected to improve the company's visibility and accessibility to U.S. investors [2][4].