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Germanium Mining Corp. Begins Remote Sensing Work On Its Lac Du Km 35 Property In Chibougamau Area, Quebec
Thenewswire· 2026-01-09 23:30
Core Viewpoint - Germanium Mining Corp. has initiated remote sensing work on its Lac Du Km 35 Property in Quebec, aiming to explore potential germanium mineralization [1][5]. Group 1: Property Overview - The Lac Du Km 35 Property features the Faribault Shear Zone (FSZ), a significant structural element that may connect with other permeable zones at depth, facilitating hydrothermal fluid movement [2]. - The Laganière germanium showing, discovered in 1998, returned a historical value of 0.02% (186 ppm) germanium, but these results are not currently verified as mineral resources [3][9]. - The Laganière showing is strategically located near electromagnetic anomalies and the FSZ, which will be the primary focus of exploration efforts [4]. Group 2: Remote Sensing Work - The remote sensing study is expected to conclude by the end of February 2026, focusing on identifying potential faults and shear zones related to germanium mineralization [5]. - The study will utilize satellite imagery from the European Space Agency (ESA) with a resolution of 30 cm, acquired in September 2023, to identify relevant structural features [6]. - The data will be processed into a GIS system, generating maps at a scale of 1:5,000 to guide future field sampling programs planned for summer 2026 [7]. Group 3: Industry Context - Germanium is recognized for its growing applications in electronics, solar energy, fiber optics, and military uses, and is classified as a critical metal in Canada, the U.S., and the EU [8]. - Following China's export ban on germanium to the U.S. since December 2024, the market has seen spot prices exceeding US$5,000 per kilogram [9].
Vault Announces US Symbol Change And AGM Results
Thenewswire· 2026-01-09 22:05
Core Viewpoint - Vault Strategic Mining Corp. is changing its OTC ticker symbol from "DDIAF" to "KNXFF" to better align with its corporate identity and TSX Venture Exchange ticker "KNOX" [2][3] Group 1: Ticker Change - The new OTC ticker symbol "KNXFF" will be effective from January 12, 2026 [1] - Existing shareholders do not need to take any action regarding the ticker change [3] Group 2: AGM Results - Shareholders approved a new omnibus incentive plan at the annual general meeting on December 30, 2025 [4] - Other approved matters include setting the board at four members and re-election of directors R. Nick Horsley, Quinn Patrick Field-Dyte, Andreas Schleich, and Daryn Gordon [4] - Adam Sung Kim Ltd. was appointed as the auditor [4] Group 3: Omnibus Incentive Plan - The Omnibus Plan offers more flexibility compared to the previous stock option and restricted share unit plans [5] - It allows for a maximum issuance of shares not exceeding 10% of the company's issued and outstanding common shares at the time of grant [5] - The plan is subject to final acceptance by the TSX Venture Exchange and requires annual re-approval by shareholders [5][6] Group 4: Company Overview - Vault Strategic Mining Corp. focuses on acquiring and advancing strategic and critical mineral projects in top-tier mining jurisdictions [7] - The company emphasizes historical and underexplored assets with potential for value creation through modern exploration and disciplined development [7]
Critical Reagent Announces Non-Brokered Private Placement
Thenewswire· 2026-01-09 22:00
Group 1 - Critical Reagent Processing Corp. (CRPC) announces a non-brokered private placement of up to 3,500,000 common shares at a price of $0.0675 per share, aiming for gross proceeds of up to $236,250 [1][2] - The private placement is subject to approval from the Canadian Securities Exchange, and the securities will have a statutory hold period of four months from the closing date [2] - The net proceeds from the private placement will be utilized for general working capital [2] Group 2 - CRPC has completed its purchase option agreement to acquire up to a 100% interest in the Mina Laguna Santa Maria project, which includes two mining concessions for the production of sodium carbonate (soda ash) [3] - The project consists of 500 hectares with a natural deposit of sodium carbonate, which is essential for lithium carbonate production [3] - The U.S. Geological Survey reported that in 2022, 165,000 tonnes of soda ash were exported from the U.S. to Argentina, valued at $48 million, indicating a significant market for soda ash in Argentina [3] - CRPC believes that the Laguna Santa Maria Project has a competitive advantage over soda ash imports due to its location within Argentina and proximity to significant lithium carbonate production [3] - Management is currently evaluating the property and market for soda ash in Argentina, with results of a bulk sample chemical evaluation expected soon [3]
Providence Gold Mines Inc. La Dama de Oro Gold & Financing Update
Thenewswire· 2026-01-09 21:05
Core Viewpoint - Providence Gold Mines Inc. is making progress on its La Dama de Oro property, including road repairs and a private placement to fund further exploration activities [1][2]. Group 1: Property Developments - Significant road work has been completed to repair access to the La Dama de Oro property, which was damaged during recent flooding in southern California [1]. - The company plans to proceed with work related to a permitted 1,000-ton bulk sample to assess mineralization potential at the La Dama de Oro project [2]. Group 2: Financing Activities - The company has announced an increase in its Private Placement to $150,000, subject to regulatory approval, with a 30-day extension [2]. - The Private Placement will consist of up to 3,000,000 units priced at $0.05 per unit, aiming for gross proceeds of up to $150,000 [3][6]. - Proceeds from the private placement will be allocated for general administration and sampling activities [2].
North Atlantic Titanium Announces Upsize Of Private Placement Financing
Thenewswire· 2026-01-09 21:05
Core Viewpoint - North Atlantic Titanium Corp. has announced an upsized non-brokered offering due to strong investor demand, aiming for gross proceeds of up to $1,250,000 to fund various initiatives related to its Everett titanium property in Quebec [1][3]. Group 1: Offering Details - The offering consists of up to $750,000 in units priced at $0.06 per unit, each unit comprising one common share and one warrant [1]. - Additionally, the offering includes up to $500,000 in flow-through units priced at $0.08 per unit, each flow-through unit also comprising one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for up to 24 months following the offering's closing [2]. Group 2: Use of Proceeds - Net proceeds from the sale of units will be allocated for the initial option payment for the Everett property, working capital, and general corporate purposes [3]. - Gross proceeds from the sale of flow-through units will be dedicated to surface exploration, metallurgical testing, and verification of historical exploration work at the Everett property [3]. - The entire gross proceeds from flow-through units will be used for Canadian Exploration Expenses, which must be incurred by December 31, 2026, and renounced by December 31, 2025 [4]. Group 3: Closing and Regulatory Approval - The final tranche of the offering is expected to close on January 16, 2026, subject to necessary regulatory approvals, including from the Canadian Securities Exchange [5].
Vanguard Mining Completes Drill Program With Assays Now Pending at Redonda Copper-Molybdenum Project, British Columbia
Thenewswire· 2026-01-09 21:05
Core Viewpoint - Vanguard Mining Corp. has successfully completed its Q4 drill program at the Redonda Copper-Molybdenum Project, reaching a total depth of 511 meters, and is now awaiting assay results to evaluate mineralization potential [1][9]. Exploration Program - The 2023 exploration program involved drilling five holes totaling 799.81 meters, with historical drilling by Teck Resources Ltd. in 1979 totaling 1,681 meters [4][5]. - The 2025 drill program was designed to test targets beyond historical drilling limits and improve geological understanding [9]. Drilling Details - The drilling was executed by Paradigm Drilling Ltd. using a Boyles T-75 hydraulic drill capable of exceeding 600 meters in depth [2]. - Significant intervals from the 2023 program include: - Hole Red-23-04: 72.0 meters at 0.235% Cu and 0.0228% Mo [5]. - Hole Red-23-03: 77.3 meters at 0.323% Cu and 0.0197% Mo [5]. - Hole Red-23-05: 142.6 meters at 0.279% Cu and 0.0281% Mo [10]. Historical Context - Historical drilling results from 1979 indicated copper-molybdenum mineralization, with notable grades such as 0.42% Cu over 24.1 meters [7]. - The geological setting of the Redonda Project shares characteristics with nearby porphyry systems, enhancing its exploration potential [16]. Community Engagement - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor and service providers, and adhering to cultural and environmental protocols [11]. Geological Insights - The project is located within the Coast Suture Zone, with geological features including dioritic intrusions and hornblende-rich dikes, which are associated with copper-molybdenum mineralization [16]. Future Plans - The company plans to use the results from the current drilling program, along with historical data, to guide future exploration efforts [9].
Precipitate Gold Closes $6.5 Million Non-Brokered Private Placement Led by Strategic Dominican Investors
Thenewswire· 2026-01-09 21:05
Core Viewpoint - Precipitate Gold Corp. has successfully closed a non-brokered private placement, raising a total of $6,484,500 through the issuance of 58,950,000 units priced at $0.11 each, which will support its exploration and project development activities in the Dominican Republic [1][4]. Group 1: Offering Details - The Offering consisted of 58,950,000 units priced at $0.11 each, resulting in total proceeds of $6,484,500 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant exercisable at $0.17 per share for 18 months [3]. - The Offering was led by significant Dominican investors, including Guess Investments Ltd., a major institutional investor in the Dominican Republic [2]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated to ongoing exploration and project development across the Company's mineral property portfolio in the Dominican Republic, particularly at the Juan de Herrera project [4]. - The funds will also be used for general working capital purposes [4]. Group 3: Board Representation - Guess Investments Ltd. has the right to nominate an appointee to the Company's Board of Directors, with potential for additional nominations based on warrant exercises and shareholding thresholds [6]. - The representation of Dominican investors on the Board will not exceed 30% at any time [6]. Group 4: Company Overview - Precipitate Gold Corp. is focused on mineral exploration in the Dominican Republic, with key projects including the Juan de Herrera project, Pueblo Grande project, and Ponton project [7]. - The Company is also evaluating additional property acquisitions to enhance its portfolio and shareholder value [7].
Rockland Resources Secures Driller, Arranges Financing
Thenewswire· 2026-01-09 18:35
Core Viewpoint - Rockland Resources Ltd. is advancing its Cole Gold Mines project in Ontario by engaging Chibougamau Drilling for a new drill program and arranging a private placement to fund the initiative [1][3]. Group 1: Drill Program - The initial drill program will consist of approximately 3,000 meters and is expected to commence later this month [2]. - Chibougamau Drilling, based in Red Lake, has extensive experience in the area, having drilled at the successful Great Bear deposit [1]. Group 2: Financing - The company has arranged a non-brokered private placement of up to 12 million units at a price of $0.10 per unit, aiming for aggregate gross proceeds of $1,200,000 [3]. - Each unit will consist of one common share and one transferable share purchase warrant, with the warrant allowing the purchase of one share at an exercise price of $0.15 for a period of 36 months [3]. Group 3: Company Overview - Rockland Resources is focused on mineral exploration and discovery, with its flagship project being the historic Cole Gold Mines project in the Red Lake district [6]. - The company aims to deliver meaningful growth and long-term value to shareholders through disciplined exploration and strategic project development [6].
Enerev5 Metals Inc. Stakes Lithium-Focused Claims in Northeastern Nevada
Thenewswire· 2026-01-09 14:30
Core Viewpoint - Enerev5 Metals Inc. has staked 81 mineral claims in northeastern Nevada, covering approximately 1,680 acres, to advance its lithium exploration strategy in a region known for significant lithium deposits [1][2][4]. Group 1: Company Strategy and Actions - The newly staked claims are strategically located near properties held by Surge Battery Metals Inc. and Peloton Minerals Corp., both of which are actively exploring lithium in the area [2][4]. - Enerev5's claims were staked based on regional prospecting and a review of geological data, with plans for an initial exploration program that may include geological mapping and surface geophysical surveys [3][6]. - The acquisition aligns with the company's strategy to focus on ethically sourced critical battery metals in stable jurisdictions, with Nevada recognized as a leading lithium jurisdiction [4][13]. Group 2: Industry Context - Northern Nevada is home to large sediment-hosted lithium clay deposits, often associated with ancient volcanic systems, which are crucial for lithium extraction [5]. - The region's policy framework aims to establish Nevada as the North American hub for the entire lithium supply chain, supporting clean energy initiatives and economic growth [4][11]. - Surge Battery Metals has reported significant lithium resources in the region, indicating a competitive landscape for lithium exploration [10].
Norsemont Provides 2025 Year-End Update and Appoints New CFO
Thenewswire· 2026-01-09 14:00
Core Viewpoint - Norsemont Mining Inc. has successfully raised $15 million to advance its Choquelimpie project in northern Chile, which has significant gold-silver-copper resources and is positioned for rapid advancement toward production [1][3]. Project Overview - The Choquelimpie project is a past-producing gold-silver mine with a historical heap leach production. The initial mineral resource estimate published on April 14, 2025, includes 2,184,000 indicated gold-equivalent ounces and 557,000 inferred gold-equivalent ounces [2]. - The project benefits from extensive infrastructure, including a 3,000 tonne-per-day mill, power, water, and road access, facilitating its advancement toward production [2]. Development Strategy - Norsemont has a two-pronged development plan focusing on oxide processing and deeper sulfide resource drilling [4]. - The company aims to finalize plans for processing stockpiles and systematically drill to expand both oxide and sulfide resources while exploring copper porphyry potential [5]. Key Achievements in 2025 - The company raised over $22 million from strategic investors to fund drilling, permitting, environmental studies, and metallurgical programs [8]. - An initial mineral resource estimate was published, indicating 1,730,000 gold ounces and 33,233,000 silver ounces in indicated resources, along with 446,000 gold ounces and 7,219,000 silver ounces in inferred resources [8]. - The company expanded its advisory, technical, and management team with key appointments, including David Flint as Chief Geologist and Susan Liddle as General Manager CFO [8]. Upcoming Initiatives - The company plans to commence the 2026 Phase 4 drill program in Q2, focusing on refining and prioritizing drill targets [13]. - Metallurgical samples will be tested, and results are expected to be announced in Q1 [13]. - An updated 43-101 resource estimate and a Preliminary Economic Assessment (PEA) on existing oxide production plans are scheduled for publication in Q4 [13]. Marketing and Investor Relations - Norsemont has entered into service agreements with Native Ads Inc., Street Scope Media LLC, and Goldinvest Consulting GmbH for marketing and promotional services, with budgets of up to $200,000 each [10][14][15]. - These campaigns aim to increase awareness and understanding of the company and its projects through digital media and content distribution [11][14].