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IDEX Drilling Confirms Scale of Copper Mineralization at Kismet Breccia Complex, Intersects 130.93 m of 0.40% Cu within 344 m of 0.30% Cu at the Freeze Project, Idaho, USA
Thenewswire· 2026-01-14 13:00
Core Insights - IDEX Metals Corp. announced positive drill results from its Freeze Copper-Gold-Molybdenum Project, confirming the scale and growth potential of the copper system [1][2][9] Drilling Highlights - Drill hole KSMT25004 intersected 130.93 meters of 0.50% CuEq (0.40% Cu, 1.87 g/t Ag, 89 ppm Mo) within 344.34 meters of 0.45% CuEq (0.30% Cu, 1.88 g/t Ag, 147 ppm Mo) [4][11] - Drill hole KSMT25003 intersected 57.10 meters of 0.65% CuEq (0.50% Cu, 3.14 g/t Ag, 140 ppm Mo) within 134.22 meters of 0.42% CuEq (0.34% Cu, 1.92 g/t Ag, 71 ppm Mo) [4][11] - The Kismet Breccia Complex remains open in all directions and at depth, indicating strong continuity of mineralization [4][8] Geological Context - The Freeze Project is located in the emerging Idaho Copper Belt, exhibiting geological characteristics similar to major porphyry-related systems globally [9][36] - The consistency and thickness of mineralization support the potential for Kismet to evolve into a district-scale copper system through systematic drilling [9] Upcoming Catalysts - Future activities include assay results from additional drill holes, geophysical results, and the completion of a property-wide model with defined porphyry copper drill targets for the 2026 exploration season [34]
Ashley Gold Corp. Announces Filing of Early Warning Report, President Surpasses 10% Ownership Threshold
Thenewswire· 2026-01-14 13:00
Core Viewpoint - Ashley Gold Corp. is experiencing a significant change in ownership structure as President Noah J. Komavli exceeds 10% ownership of the company's common shares, reflecting his confidence in the company's strategic direction and growth potential [1][2]. Transaction Details - The Tak Patent transaction, announced on January 6, 2026, involves the issuance of securities [3]. - Following the issuance, Ashley Gold Corp. has a total of 74,189,873 issued and outstanding securities [4]. Ownership Structure - Noah J. Komavli holds a total of 9,643,200 common shares, representing approximately 12.998% of the company's common share free trading float [5]. - On a fully diluted basis, Mr. Komavli controls 12,493,200 out of 105,498,878 fully diluted shares, equating to an 11.842% control over all securities [6]. Company Overview - Ashley Gold Corp. is a Canadian mineral exploration company focused on acquiring and developing gold and polymetallic deposits in top mining regions of Canada, with flagship assets located in the Dryden Area of Ontario and the Icefield Portfolio in British Columbia [8].
Lithium Chile Provides Update on the Transaction for the Sale of Arizaro Project
Thenewswire· 2026-01-14 13:00
Core Viewpoint - Lithium Chile Inc. is progressing towards closing the sale of its Arizaro project for US $175,000,000, with key steps being taken to advance the transaction [1][3]. Transaction Details - The transaction involves the sale of the Arizaro project through the company's Argentinian subsidiary, Argentum Lithium S.A. [1][2]. - A US $5,000,000 deposit from China Union Holdings Ltd. has been secured and will be held in escrow as security for the purchaser's payment obligations [3]. Transaction Progress - An Annual General and Special Shareholder Meeting is scheduled for May 15, 2026, to seek shareholder approval for the transaction [3]. - The company is considering a Substantial Issuer Bid (SIB) to distribute a portion of the net proceeds from the transaction to shareholders, which would reduce the number of issued and outstanding common shares [3][10]. Next Steps - The company is working to satisfy all remaining closing conditions while China Union Holdings is advancing its regulatory approval process [4]. - Further updates will be provided as milestones are achieved [4]. Arizaro Operations - The project team is maintaining the Arizaro asset and fulfilling all operational, environmental, and community-related obligations [5]. Market Awareness - The company plans to enhance market communications to improve awareness of its underlying value, as current trading levels are perceived to be below its net asset value [6]. - A services agreement has been established with Departures Capital Inc. for digital marketing and investor awareness services at a cost of CAD $100,000 over 12 months [7]. Company Overview - Lithium Chile Inc. holds a portfolio of 11 properties covering 106,136 hectares in Chile and 29,245 hectares in Argentina [8]. - The company has completed a NI 43-101 compliant Resource Report, Preliminary Economic Assessment, and Prefeasibility Study for the Arizaro project [8].
Precipitate's IP Geophysical Survey Identifies Contiguous Chargeability Corridor Connecting Jengibre South and Peak Zones at the Juan de Herrera Project, Dominican Republic
Thenewswire· 2026-01-14 12:30
Core Viewpoint - Precipitate Gold Corp. has successfully completed an induced polarization (IP) geophysical survey at the Jengibre South zone of its Juan de Herrera Project in the Dominican Republic, which is expected to enhance target delineation for future drilling [1][3]. Group 1: Survey Completion and Results - The IP geophysical survey covered four priority exploration targets: Ginger Ridge East, Southeast, Centro, and Jengibre South, totaling 27 line kilometers, with 4.7 kilometers completed at Jengibre South [2][3]. - The survey has identified a northwest-southeast trending exploration corridor with numerous chargeability high anomalies measuring at least 1.5 kilometers long, extending into the Peak zone [4]. - Chargeability anomalies in the Jengibre South area average about 5 mv/v, with some exceeding 10 mv/v, indicating potential mineralization [4]. Group 2: Future Exploration Plans - Additional surface sampling and field reviews will be conducted to prioritize the newly identified anomalies, which are mostly blind with little surface indication [3][4]. - The company plans to follow up on gold and copper surface geochemical anomalies across multiple zones, including CN, Ginger Ridge, Southeast, Centro, Jengibre South, and Peak-Melchor [9]. - Ground-truthing efforts are ongoing in the Southeast and Centro zones, with plans to evaluate the Ginger Ridge East, Jengibre South, and Peak zones shortly [8]. Group 3: Project Background - The Juan de Herrera Project spans approximately 12,706 hectares and is located adjacent to GoldQuest Mining's Romero gold-copper project, hosting intermediate sulphidation epithermal and VMS style exploration targets [13]. - The project has seen the discovery of approximately 5.0 million gold equivalent ounces in the Tireo Formation belt over the last decade, with significant areas remaining underexplored [13].
CHARBONE Secures its First Order for Clean UHP Hydrogen from a US Customer in NY State
Thenewswire· 2026-01-14 12:25
Core Insights - CHARBONE CORPORATION has secured its first order for clean Ultra High Purity (UHP) hydrogen from a customer in New York State, marking a significant strategic breakthrough in the US market [1][2][3] Company Overview - CHARBONE is a North American producer and distributor specializing in clean UHP hydrogen and strategic industrial gases, with a focus on developing a network of clean hydrogen production facilities throughout North America [4] - The company aims to support the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions [4] Market Position - The order from a major Japanese industrial conglomerate validates CHARBONE's value proposition and highlights the growing demand for clean UHP hydrogen in advanced technology and industrial sectors [3][4] - The limited supply of clean UHP hydrogen in the North American market presents a significant opportunity for CHARBONE to establish long-term business relationships with world-class industrial and technology clients [3] Strategic Goals - The order will be fulfilled using the company's existing production capacity, which is part of a broader strategy to expand its presence in the US market [3] - CHARBONE is committed to enhancing scalability and diversifying revenue streams through partnerships in helium and other specialty gases [4]
Viva Gold Initiates Work Programs and Resource Expansion Initiatives
Thenewswire· 2026-01-14 12:00
Core Viewpoint - Viva Gold Corp is advancing its 100% owned Tonopah project into feasibility work while aiming to increase gold and silver mineral resources at the site [1][2]. Project Development - The Tonopah Gold Project is recognized as one of the most advanced undeveloped gold projects in Nevada, with a focus on rapidly advancing through pre-feasibility and feasibility studies in 2026 [2]. - A Preliminary Economic Analysis (PEA) published in 2025 identified areas for improving project economics and guiding the feasibility study program [2]. - The existing pit confined resource at Tonopah contains 86% measured and indicated material, indicating a high confidence level in the mineral resource [2]. Initial Work Programs - Initial work programs for 2026 include submitting a proposed work plan for up to 23 drill locations to infill high-grade inferred mineralization and validate existing drilling in the Midway Hills prospect area [3]. - Drilling is expected to commence in February, with a focus on converting inferred mineralization to measured and indicated material [3]. - Bottle roll tests are underway to assess heap leach gold recovery potential for low-grade gold mineralization, which could reduce capital and operating costs [3]. Engineering and Environmental Studies - The company is developing scopes of work and engaging with engineering firms for pre-feasibility and feasibility evaluations, focusing on accelerated development of high-grade mineralization [3]. - Geotechnical and hydrological studies are being solicited to optimize pit slope angles and support feasibility studies [4]. Exploration Opportunities - A third-party independent review of historical exploration data identified seven areas for further exploration, including the Midway Hills area, which has not been followed up since partial drilling in the 1980s [4]. - A geophysical company has been contracted to conduct an additional 14,000 meters of CSAMT geophysical survey to better define identified targets [4]. Company Overview - Viva Gold Corp controls a significant land position in the Walker Lane Trend in Western Nevada and has developed a high confidence level gold mineral resource [5]. - The company is committed to environmentally and socially responsible development of the Tonopah Gold Project [5]. - The management team, led by CEO James Hesketh, has extensive experience in mining and project development [6][7].
Germanium Mining Corp. Strategically Expands Lac Du Km 35 Germanium Property In Quebec
Thenewswire· 2026-01-14 08:05
Core Viewpoint - Germanium Mining Corp. has expanded its Lac du Km 35 Germanium property by adding 4 mineral claims, increasing the total area to 4,371.28 hectares, which is expected to enhance future exploration opportunities [1][2]. Property Description - The Lac du Km 35 property is located approximately 40 kilometers east of Chibougamau, Quebec, with good access via Highway 167 and a main lumber road [2]. - The property is underlain by the Roy group volcano-sedimentary sequence and the Laganiere gneissic complex, which are part of the Abitibi greenstone belt [3]. Geological Features - A significant structural feature is the Faribault shear zone (FSZ), which could serve as a conduit for hydrothermal fluids [4]. - The Laganiere Germanium showing, discovered in 1998, returned a historical value of 0.02% (186 parts per million) Germanium [5]. Exploration and Sampling - Recent exploration in 2024 involved collecting 39 outcrop samples, yielding values of up to 0.27% nickel, 0.04% cobalt, 0.24% copper, and 0.21 grams per tonne gold [7]. - The area around the Laganiere showing remains largely unexplored, presenting a prime focus for the company [6]. Agreement and Financials - The company has amended its Mineral Property Option and Purchase Agreement, agreeing to issue 200,000 units to the vendor after work is acknowledged by the Ministry of Natural Resources of Quebec [8]. - Each unit consists of one common share and one common share purchase warrant, with an exercise price of $0.60 per share for 24 months [8]. Company Overview - Germanium Mining Corp. is a publicly traded mineral exploration company focused on discovery-stage mineral properties in North America [11].
Kirkstone Metals Grants Stock Options
Thenewswire· 2026-01-14 03:20
Group 1 - The company has granted a total of 1,200,000 stock options at a price of $3.71 per option share to Directors, Officers, and Consultants [1] - Shareholders approved a new omnibus equity incentive plan to replace the existing stock option plan, which allows for the grant of various types of incentive securities while limiting the total number of outstanding incentive securities to 10% of the issued and outstanding common shares [2] - The number of directors has been fixed at four, and all standing directors were elected for the upcoming year, along with the re-appointment of the company's auditors [3] Group 2 - Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium exploration within established mining jurisdictions in Canada [3]
Metasphere Labs Announces a Non-Brokered Private Placement
Thenewswire· 2026-01-14 00:00
Core Viewpoint - Metasphere Labs Inc. is proposing a non-brokered private placement to raise up to $600,000 through the issuance of Units, which will consist of common shares and warrants [1][2]. Group 1: Offering Details - The Company plans to issue up to 12,000,000 Units at a price of $0.05 per Unit, with each Unit comprising one common share and one warrant [2]. - Each warrant will allow the holder to purchase an additional common share at a price of $0.06 for four years from the closing date [2]. - The expected closing date for the Offering is around January 23, 2026, pending regulatory approvals [3]. Group 2: Use of Proceeds - Net proceeds from the Offering will be allocated for general working capital and corporate purposes [3]. Group 3: Regulatory and Compliance - All securities issued will be subject to a statutory hold period of four months and one day from the closing date, in accordance with Canadian securities laws [4]. - The Company will utilize an exemption from the requirement to obtain shareholder approval for issuing more than 100% of its issued share capital on a fully diluted basis due to financial hardship [5]. Group 4: Company Overview - Metasphere Labs Inc. focuses on integrating blockchain technology into real-world applications, emphasizing environmental sustainability and social impact [7].
Canada Nickel's Crawford Nickel Project Named Under Ontario's One Project, One Process Framework
Thenewswire· 2026-01-13 23:10
Core Viewpoint - Canada Nickel's Crawford Nickel Project has been designated under Ontario's One Project, One Process framework, which aims to streamline the permitting and review processes for major mining developments in the province [2][3]. Group 1: Project Significance - The Crawford Nickel Project is recognized for its advanced state, scale, and strategic importance within Ontario's Critical Minerals Strategy [2]. - The project is expected to create 4,000 jobs and is positioned to be one of the largest nickel deposits globally, contributing significantly to the local economy [2][3]. - Independent analysis estimates that the project will generate over $70 billion in GDP over its initial 40+ year mine life, with approximately $67 billion benefiting Ontario [2]. Group 2: Environmental and Regulatory Aspects - The Crawford Nickel Project aims to become one of Canada's largest carbon storage facilities, with the potential to permanently store up to 1.5 million tonnes of CO₂ annually, making it the world's first net-zero carbon nickel mine [2]. - The project has already submitted an Impact Statement under the amended Impact Assessment Act, 2019, and is the first mining project in Canada to do so [2][3]. Group 3: Company Background - Canada Nickel Company is focused on advancing nickel-sulphide projects to meet the growing demand in electric vehicle and stainless-steel markets [4]. - The company is pursuing the development of processes for net-zero carbon nickel, cobalt, and iron products, enhancing its appeal to investors in low political risk jurisdictions [4]. - Noble Mineral Exploration Inc. holds securities in Canada Nickel and has various mineral rights and exploration projects in Northern Ontario and other regions [5][6].