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Corporate Update: Rockland Resources Advances Gold Strategy, Repositions Utah Beryllium Assets
Thenewswire· 2026-01-08 17:20
Core Viewpoint - Rockland Resources Ltd. is focusing its efforts on the Cole Gold Mines project in Red Lake, Ontario, while seeking partners for its beryllium projects in Utah [9]. Group 1: Cole Gold Mines Project - Rockland is engaging a driller to start drilling at its 100% owned Cole Gold Mines project in Red Lake, Ontario [2]. - The Cole Gold Mines property has over thirty gold-bearing veins and over one hundred visible gold counts recorded on the surface, with recent samples returning high grades of 111 g/t Au and 145 g/t Au [3]. - A 3D model of veins at the Cole Gold mine has been created, showing gold mineralization extending to a vertical depth of 320 meters, with a planned 2,500m drill program focusing on high-grade shoots [4]. - Historic drill hole 12 intersected 3.7 meters of high-grade gold mineralization, which will be a focus area for drilling [6]. - Mineralization is associated with shear-zone hosted quartz veins, with widths ranging from ten centimeters to two meters and strike lengths of up to 300 meters [7]. Group 2: Utah Beryllium Portfolio - Rockland is seeking earn-in partners for its beryllium projects, Claybank and Meteor, while deciding to no longer pursue the Beryllium Butte claims due to ineligibility for mining activities [8][9]. - The company expects to receive a refund of all yearly fees paid for the Beryllium Butte claims and the return of the bond posted [9]. Group 3: Company Strategy and Management - The CEO of Rockland Resources stated that focusing on the Cole Gold Mines project is in the best interest of shareholders due to its success and interest [9]. - Rockland Resources aims to unlock value through focused mineral exploration and discovery, leveraging geological expertise and strategic project development [12].
Granada Gold Mine Structural Interpretation Supports Additional Drill Targets
Thenewswire· 2026-01-08 15:10
Core Viewpoint - Granada Gold Mine Inc. is advancing its exploration and development efforts at the Granada Gold Property, with significant drilling completed and potential for further discoveries in the mineralized structure [1][8]. Geological Insights - The geological consultants have identified a higher structural complexity in the southern part of the property, indicating the need for further exploration of northwest- and northeast-trending faults [2]. - An updated geological map is recommended to integrate historical data and create a comprehensive structural framework for a 3D model [3]. Mineral Resource Estimate - As of August 22, 2022, the Granada deposit contains an updated mineral resource estimate of 543,000 ounces of gold in the Measured and Indicated category and 456,000 ounces in the Inferred category [5][7]. - The resource estimate is based on a base case cut-off grade of 0.55 g/t Au for pit-constrained resources and 2.5 g/t for underground resources [5]. Historical Context - The Granada Gold Property has a history of production, with over 50,000 ounces of gold extracted at an average grade of 10 g/t from the 1930s, and significant bulk samples taken in the 1990s [9][10]. - Historical underground grades ranged from 8 to 10 g/t Au, while open pit grades were between 3.5 to 5 g/t Au [9]. Current Operations - The company is currently conducting a large drill program, with 20,000 meters completed out of a planned 120,000 meters, and is pausing drilling to evaluate existing data and market conditions [8].
Update to Shareholders
Thenewswire· 2026-01-08 14:30
Core Viewpoint - Gold Basin Resources Corporation is focused on resuming trading and enhancing its valuation through a Maiden Resource Estimate expected in early 2026 [1][8] Group 1: Project Overview - The Gold Basin Project in Arizona features significant, shallow oxide gold mineralization extending over 7 kilometers, positioning it as a leading oxide gold exploration project in the western USA [2] Group 2: Hostile Takeover - The Board of Gold Basin Resources strongly urges shareholders to reject the hostile takeover bid from Canex Metals Inc., asserting that it undervalues the mineral resources of the Gold Basin Project identified through successful drilling campaigns [3][4] - Major shareholders have committed to rejecting the Canex offer, and the Board is confident in defeating this takeover attempt [5] Group 3: Strategic Initiatives - The Board and key shareholders are united in a strategy to maximize the Company's asset potential, which includes resuming trading as soon as possible [6][7] - The strategy involves delivering a Maiden Resource in early 2026, expanding that resource through new drilling campaigns, and providing a preliminary economic assessment of the project [8] Group 4: Partnerships and Technical Support - Gold Basin's partner, Helix Resources, has engaged an independent mining consultancy to deliver the Maiden Resource estimate for the Cyclopic and Stealth Deposits in early 2026, with work having resumed after the holiday break [9] Group 5: Board Appointments - Mr. Andrew Mendelawitz has been appointed as a Non-Executive Director, supporting the revised strategy and rejecting the hostile takeover bid [10] - His appointment reflects the Board's commitment to improving communication with investors regarding strategy and milestones [11] Group 6: Company Background - Gold Basin Resources Corporation is advancing the 42 km² Gold Basin Project located in Mohave County, Arizona, with a focus on expanding and delineating multiple at-surface oxide gold deposits [12]
Fitzroy Minerals appoints Victor Flores to Board of Directors
Thenewswire· 2026-01-08 14:15
Core Viewpoint - Fitzroy Minerals Inc. has appointed Mr. Victor Flores as a Non-Executive Director, effective January 6, 2026, enhancing the company's governance and expertise in the resource capital markets [1][4]. Group 1: Appointment Details - Mr. Victor Flores is a recognized expert in resource capital markets with decades of experience, having worked as a resources analyst, Portfolio Manager, and Chief Investment Officer [2]. - His previous roles include eleven years as a Managing Director and Senior Mining Analyst at HSBC and nine years as a portfolio manager for Paulson & Co [2]. - Flores holds a Bachelor's degree in Geological Sciences and a Master's degree in Energy and Mineral Resources from the University of Texas at Austin, and he has been a CFA charter holder since 1992 [3]. Group 2: Company Overview - Fitzroy Minerals focuses on exploring and developing mineral assets with substantial upside potential in the Americas [5]. - The company's current property portfolio includes the Buen Retiro Copper Project in Chile, the Caballos Copper and Polimet Gold-Copper-Silver projects in Valparaiso, Chile, the Taquetren Gold Project in Argentina, and the Cariboo Project in British Columbia, Canada [5]. - Fitzroy Minerals' shares are listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF [5].
Sonoro Energy Ltd. announces new Chief Executive Officer
Thenewswire· 2026-01-08 14:05
Calgary, Alberta – TheNewswire – January 8, 2026 - Sonoro Energy Ltd. ("Sonoro" or the “Company”) (TSXV:SNV) is pleased to announce that Mr. Robert Bensh will be joining the Company as President and Chief Executive Officer effective immediately. Mr. Bensh’s will also be appointed as a Director of the Company upon completion of submissions to and approval from the TSX Venture Exchange (TSXV). Mr. Bensh is a Texas energy executive, investor, and strategic advisor with more than two decades of experience acr ...
Hybrid Power Solutions Announces Canadian Defense Distribution Partnership with Cantec Systems
Thenewswire· 2026-01-08 13:35
Core Insights - Hybrid Power Solutions Inc. has announced a new distribution partnership with Cantec Systems, targeting the military and defense sector in Canada [1][2] - The partnership aims to enhance Hybrid's support for mission-critical operations that require reliable, low-signature, and fuel-reduced power solutions [2][3] - Cantec Systems will represent Hybrid's battery-based and hybrid power systems to Canadian military organizations, defense contractors, and government agencies [2][4] Company Overview - Hybrid Power Solutions Inc. is a Canadian manufacturer specializing in portable and fuel-free power solutions, listed on the Canadian Securities Exchange under the symbol "HPSS" [1][4] - The company focuses on developing clean energy technologies that eliminate the need for fossil fuels in off-grid and remote applications, emphasizing environmental responsibility and innovation [4] Partnership Details - Cantec Systems brings technical expertise and a deep understanding of defense-grade power requirements, aligning with Hybrid's strategy to expand in the military and defense sector [3] - The partnership is expected to provide a critical advantage to defense clients by offering innovative, low-signature power systems that meet the rigorous demands of military operations [4]
Disposition of Common Shares of Planet Ventures Inc.
Thenewswire· 2026-01-08 13:20
January 8, 2026 – TheNewswire - Transcend Capital Inc. (“Transcend”), a company controlled by Etienne Moshevich, has disposed of 30,000,000 common shares of Planet Ventures Inc. (the “Issuer”), representing approximately 14.70% of the Issuer’s current issued and outstanding common shares. Following completion of the disposition, Transcend, and Mr. Moshevich, have ownership and control of 36,838,000 common shares of the Issuer, representing approximately 18.05% of the Issuer’s current issued and outstanding ...
Spartan Metals - Reviewing 2025 and a Look Ahead to 2026
Thenewswire· 2026-01-08 13:00
Core Insights - Spartan Metals Corp. has outlined its key accomplishments for 2025 and its exploration strategy for 2026 at the Eagle Tungsten-Silver-Rubidium project in eastern Nevada [1][2] 2025 Highlights - The company acquired the Eagle project from Ridgeline Minerals on July 31 and rebranded as Spartan Metals Corp [3] - Spartan began trading on the TSX Venture exchange under the symbol "W" on August 5 [3] - A capital raise of $2.25 million was completed on September 27 [3] - The leadership team was expanded with the addition of Rebecca Ball as Vice President of Exploration and Michael Harp to the Board of Directors [3] - Field reconnaissance and rock chip sampling confirmed historic work and provided new data in the Tungstonia area [3] - High-grade silver-rich CRD targets were identified on trend with the Tungstonia vein system, indicating potential for larger critical metal concentrations [3] - The number of exploration and mining claims at Tungstonia was doubled to cover 7,131 acres [3] - Two new tungsten-silver-rubidium targets of significant scale were identified, expanding the known mineralized footprint [3] - Encouraging assay results from the tailings at the former Tungstonia mine were reported, supporting the potential for future funding [3] 2026 Catalysts - A targeted drill campaign will be conducted on priority targets identified from the 2025 surface mapping and sampling program [4] - Metallurgical results from the tailings at Tungstonia will be published to assess the economic potential of accessible tailings and waste rock [4] - The company aims to seek non-dilutive financing to support growth plans, aligning with U.S. federal government priorities for domestic critical minerals [5] Company Overview - Spartan Metals focuses on developing critical minerals projects in stable mining jurisdictions in the Western United States, emphasizing a diverse portfolio of strategic defense minerals [8] - The Eagle Project is noted for having one of the highest-grade historic tungsten resources in the USA, along with significant under-defined resources of rubidium, antimony, bismuth, indium, and other metals [9]
Cascade Copper Announces Results From Field Work At The Centrefire Copper-Gold Project Results include 2.86% Cu, 2.84 g/t Au and 15.7 g/t Ag
Thenewswire· 2026-01-08 13:00
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia – January 8, 2026 - TheNewswire - Cascade Copper Corp. (CSE:CASC, FRA:91O ) (“Cascade” or the “Corporation”) is pleased to announce that it has received assay results from the first batch of samples from a field program of ground truthing geophysical anomalies and rock sampling at its Centrefire Copper and Gold Project (the “Project”) located ~40 kilometres northeast of D ...
Trailbreaker Expands Footprint of High-Grade Gold Structure at Atsutla Gold Project, BC
Thenewswire· 2026-01-08 12:45
Core Insights - Trailbreaker Resources Ltd. has announced positive results from its 2025 exploration program at the Atsutla Gold project, highlighting the expansion of high-grade gold and the discovery of new copper-gold-silver showings [1][4] Exploration Results - The 2025 exploration program included the collection of 147 soil samples and 77 prospecting grab samples, with assays revealing high-grade gold values, including a peak of 630 g/t Au from previous explorations [2][7] - The Highlands zone's structural feature has been expanded to a 1.0 km x 1.2 km area, with new high-grade copper and silver showings discovered in the Highlands North zone, located 1.1 km north of the gold showings [2][11] Mineralization Characteristics - Gold mineralization at the Highlands zone is associated with a larger system (Atsutla West) covering 5.0 km x 4.3 km, characterized by multiple shear zones related to larger faults [3][21] - The highest gold assay returned during the 2025 program was 401.8 g/t Au, with significant silver and copper values also reported from various samples [10][17] Geological Context - The Atsutla Gold project is situated over the Teslin-Thibert fault system, with gold mineralization linked to Mesozoic batholitic intrusions [26] - The project area has seen limited historical exploration, indicating potential for further discoveries [6] Future Exploration Plans - The Highlands zone and Atsutla West area are fully permitted for drilling, with plans to test the shear structure and explore additional mineralization potential [25][21]