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Providence Gold Mines Inc. La Dama de Oro Gold, Bulk Sample and Financing Update
Thenewswire· 2025-12-11 15:55
Core Insights - Providence Gold Mines Inc. has entered into an underground mining lease agreement with Easy Mining Company Ltd. to advance the La Dama de Oro gold-silver project [1][2][4] Company Developments - Easy Mining is recognized as an experienced underground mining contractor with operations in Canada and the U.S., and will manage mining, exploration, and processing activities at the La Dama de Oro property [2][4] - The lease allows Easy Mining to explore and mine within existing underground workings, with authorization to extract a 1,000-ton bulk sample over a twelve-month period [3][4] - Providence has closed a private placement, issuing 1,604,800 units for gross proceeds of $80,240, which will be used for general administration and sampling activities at the La Dama de Oro project [5][6] - A new non-brokered private placement of up to 2,000,000 units at a price of $0.05 per unit is also announced, aiming for gross proceeds of up to $100,000 [7] Financial Arrangements - Easy Mining will pay a 2% Net Smelter Royalty to Mohave Gold Mining and Exploration Inc., the property optionor [8] - Any gross proceeds from bulk sample mining will be shared equally between Easy Mining and Providence [8]
Belmont Resources Completes Relogging of 2008 Drill Core at Crackingstone Uranium Project, Saskatchewan
Thenewswire· 2025-12-11 15:30
Vancouver, B.C. – TheNewswire - December 11, 2025 – Belmont Resources Inc. (TSX-V: BEA; FSE: L3L2) (“Belmont” or the “Company”) is pleased to report that Axiom Exploration Group Ltd. (“Axiom”) has now completed the relogging and resampling program of drill core from Belmont’s historic 2008 Crackingstone drill campaign at the Company’s 100%-owned Crackingstone Uranium Project, located near Uranium City, northern Saskatchewan.Axiom mobilized a technical team to inspect, re-log, and selectively resample drill ...
Critical Infrastructure Technologies: Acquisition and Financing Update
Thenewswire· 2025-12-11 14:00
Vancouver, BC – TheNewswire - December 11, 2025 – Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) (“CiTech” or the “Company”) Key Highlights Nearing completion of the due diligence for the 100% acquisition of a leading Western Australian precision manufacturer with strong defence and industrial connections Acquisition adds state-of-the-art fabrication facilities, strengthening sovereign manufacturing capability in Australia Establishes vertically integrated production capaci ...
San Lorenzo Gold Announces Entering Into an Advisory Engagement with Argonaut, a Proposed Private Placement and Provides a Salvadora Drilling Update
Thenewswire· 2025-12-11 14:00
CALGARY – TheNewswire - December 11, 2025 - San Lorenzo Gold Corp. ("San Lorenzo" or the "Company") (TSXV: SLG) is pleased to advise that, subject to the approval of the TSX Venture Exchange (the "Exchange"), it has entered into an advisory engagement agreement with Argonaut Corporate Finance Limited which is part of Argonaut Limited (“Argonaut”) one of Australia’s leading natural resources focused investment banking, funds management and stockbroking firms.San Lorenzo is also pleased to announce that it i ...
Frequency Exchange Appoints Scott Owen To Board Of Directors
Thenewswire· 2025-12-11 13:30
Core Insights - Frequency Exchange Corp. has appointed Scott Owen to its Board of Directors, enhancing its leadership team [2][4] - Scott Owen brings over 30 years of experience in global business development and has held senior leadership roles with P&L responsibilities exceeding $250 million [3] - Owen's track record includes closing multiple multi-year enterprise deals valued over $100 million, with a notable partnership contributing $950 million in attributed revenue over five years [3] Company Overview - Frequency Exchange Corp. is the parent company of FREmedica Technologies Inc., which specializes in frequency-based digital wellness technologies [5] - The flagship product, NIKKI, offers programmable frequency wellness programs aimed at supporting cellular communication and overall wellbeing [5] - Initially developed for Lyme disease, the NIKKI platform has expanded to address various use cases, including sleep, pain, energy, immune support, and athletic recovery [6]
Generation Uranium Applauds ATHA Energy's Uranium Discoverys In The Angikuni Basin, South Of Generations YATH Project
Thenewswire· 2025-12-11 13:30
Vancouver, British Columbia – December 11, 2025 – TheNewswire - Generation Uranium Inc. (TSXV:GEN, OTCQB: GENRF) (the “Company” or “Generation”) is pleased to see Atha Energy’s success in exploration in the Angikuni Basin located south of the Companies Yath Project. Atha has now reported multiple discoveries at the RIB target area on November 20th and December 10, 2025.All exploration drill holes at the RIB zone intersected uranium mineralization, (Atha press release, Dec 10, 2025) with up to 5.55% U3O8. Th ...
Shine Enters Into Binding Letter of Intent to Earn-In to Arizona Silver Property and Announces Proposed Financing
Thenewswire· 2025-12-11 13:00
Vancouver, British Columbia – TheNewswire - December 11, 2025 – Shine Minerals Corp. (TSXV: SMR.H) (“Shine” or the “Company”) is pleased to announce that it has entered into a binding letter of intent (the “LOI”) dated December 10, 2025 with Red Cloud Silver Ltd. (“RCS”) outlining the principal terms of a proposed transaction (the “Proposed Transaction”) pursuant to which Shine will be granted an option to acquire all of the 11,100,000 issued and outstanding common shares of RCS (the “RCS Shares”) pursuant ...
Silver North's Veronica Property Yields 76.8% Lead with Previously Reported 2,860 g/t Silver Discovery at Betty Target
Thenewswire· 2025-12-11 12:30
Overlimit lead assays received from rock samples at the newly discovered Lodge and Cooper showings, within the 1 km by 1 km multi-element (silver-lead±zinc) Betty soil geochemical anomaly, which remains open to the east and south. Vancouver, BC, December 11, 2025 – TheNewswire - Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) (“Silver North” or the “Company”) announces, further to the Company’s news release dated October 28, 2025, final analytical results from the 2025 field exploration prog ...
Viva Gold Announces Private Placement Offering
Thenewswire· 2025-12-11 12:00
Core Viewpoint - Viva Gold Corp. is initiating a non-brokered private placement to raise up to CDN$3,000,000 by offering 18,750,000 units at CDN$0.16 each, with each unit comprising one common share and one-half of a warrant [1] Group 1: Offering Details - The offering consists of up to 18,750,000 units priced at CDN$0.16 per unit, aiming for gross proceeds of up to CDN$3,000,000 [1] - Each unit includes one common share and one-half of a non-transferable common share purchase warrant, with each whole warrant exercisable at CDN$0.24 for 36 months [1] - The company may pay finder's fees, subject to TSX Venture Exchange policies, and the offering is pending approval from the exchange [4] Group 2: Insider Participation - Certain insiders may participate in the offering, which would be classified as a "related party transaction" under MI 61-101 [2] - The company anticipates that insider participation will be exempt from formal valuation and minority shareholder approval as it will not exceed 25% of the company's market capitalization [2] Group 3: Use of Proceeds - Proceeds from the offering will be allocated primarily for Pre-Feasibility/Feasibility study work at the Tonopah Gold Project, including technical and environmental studies [3] - Additional funds will be used for geophysical surveys, geological work, and general working capital [3] Group 4: Company Overview - Viva Gold's Tonopah Gold Project is located in a prominent mining area in Nevada and has a high confidence level gold mineral resource [5] - The company is committed to environmentally and socially responsible development, led by experienced management [5][6] - Viva Gold trades on the TSX Venture exchange under the symbol "VAU" and has approximately 145.3 million shares outstanding [6]
Star Royalties Announces Conversion of Elk Gold Royalty
Thenewswire· 2025-12-11 12:00
Core Viewpoint - Star Royalties Ltd. has entered into a binding agreement with Nhwelmen Construction Limited Partnership, allowing Elk Gold Mining Corp. to repurchase the Company's 2% net smelter return royalty on the Elk Gold Mine in exchange for a 5% equity ownership in Gold Mountain Mining Corp. following the resolution of Gold Mountain's court-appointed receivership process [1][2]. Transaction Highlights - The restructuring enables the Company to capitalize on the reorganization of Elk Gold and maintain optionality regarding the underlying resources [2]. - The equity position in Gold Mountain expands the Company's exposure to 21,187 hectares, significantly increasing the land package previously covered by the royalty [2]. - Elk Gold will be developed by a reputable operator known for safety and environmental stewardship, with permitting support from NCLP [2]. - The restructuring aligns the interests of the Company, NCLP, and the Nlaka'pamux Nation Tribal Council for long-term value maximization of Elk Gold [4]. Wealth Creation Potential - Near-term catalysts for Elk Gold include a revised resource statement, updated mine plan, exploration programs, and the announcement of a development partner [4]. - The new equity stake in Gold Mountain is expected to potentially surpass the value of the 2% NSR royalty, with unchanged positive asset attributes such as location, grade profile, and near-term cash flow potential [4].