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Ecolomondo Secures Feedstock Supply for its Shamrock Texas TDP Project
Thenewswire· 2025-12-22 14:30
Core Viewpoint - Ecolomondo Corporation has secured sufficient feedstock for its upcoming Thermal Decomposition Process (TDP) facility in Shamrock, Texas, which is expected to be three times the size of its existing facility in Hawkesbury, Canada [1][2][3]. Group 1: Facility Development - The Shamrock TDP facility will utilize modular technology, allowing for lower capital expenditures, shorter lead times, and reduced risk compared to traditional construction methods [4]. - The Texas TDP project is anticipated to become one of the largest scrap tire pyrolysis facilities in North America, reflecting the company's growth and achievement of key milestones [5]. Group 2: Feedstock and Revenue Streams - Ecolomondo has executed multiple letters of intent with tire retailers and municipalities, confirming committed volumes of end-of-life tires to support operations in Shamrock [3]. - Revenue streams from the TDP facilities include the sale of end-products such as recovered carbon black (rCB), oil, steel, and syngas, as well as tipping fees for tire disposal [6]. Group 3: Environmental Impact - The TDP process is designed to significantly reduce greenhouse gas emissions, with the Hawkesbury facility expected to reduce CO2 emissions by 22,400 tons per year and the Shamrock facility projected to reduce emissions by 67,200 tons per year [11].
Lithium Chile Executes the Formal Agreement for the Sale of its Argentine, Arizaro Project
Thenewswire· 2025-12-22 13:05
Core Viewpoint - Lithium Chile Inc. has entered into a definitive share purchase agreement with China Union Holdings Ltd. for the sale of its Argentine subsidiary, Argentum Lithium S.A., marking a significant milestone for the company and allowing for the return of capital to shareholders while focusing on its Chilean portfolio [1][2]. Transaction Highlights - The transaction involves the sale of 100% of the shares in Argentum, which holds interests in the Arizaro salar lithium project in Salta Province, Argentina [3]. - The purchase price is set at USD $175,000,000, with 92.5% payable at closing and 7.5% held in escrow for 18 months to secure post-closing indemnity obligations [3]. - A guarantee deposit of USD $5,000,000 will be funded by the purchaser into an escrow account to secure payment obligations [3]. Closing Conditions - The transaction is subject to several conditions, including the acquisition of an additional 17.8% equity interest in ARLI S.A. by Argentum, increasing its ownership to 80% [3]. - Other conditions include the divestiture of the Block 4 property by SALTA LITIO S.A., receipt of governmental and regulatory approvals, acceptance by the TSX Venture Exchange, and any required shareholder approvals [3]. Termination Fees and Closing Timeline - The definitive agreement includes a termination fee of USD $17,500,000 payable by either party under specified circumstances [3]. - Closing is expected to occur on the fifth business day following the satisfaction or waiver of all conditions, with a maximum deadline of 180 days from the agreement date unless extended [3]. Next Steps - Both parties will work diligently to meet the closing conditions, and Lithium Chile will provide further disclosures as necessary [5]. Company Overview - Lithium Chile Inc. is an exploration company with a portfolio of 11 properties covering 106,136 hectares in Chile and 29,245 hectares in Argentina, including the Arizaro project [6]. - The company has advanced the Arizaro project with a completed NI 43-101 compliant Resource Report, Preliminary Economic Assessment, and Prefeasibility Study [6].
Mithril Silver & Gold Builds Momentum at Copalquin with Third Drill Mobilization and Expanded 2026 Exploration Program
Thenewswire· 2025-12-22 12:30
Core Viewpoint - Mithril Silver and Gold Limited is advancing its exploration efforts at the Copalquin District gold-silver project in Mexico, with significant drilling activities planned for 2026, including the mobilization of a third drill rig and a focus on expanding known mineralized zones [1][8]. Drilling Update - Drilling at Target 3 will begin in January 2026, with an initial phase of 3,300 meters planned near historic workings that showed promising channel sampling results of up to 0.65 m @ 16 g/t gold and 1,275 g/t silver [2]. - Target 1 drilling has produced a predictive model for a new resource estimation in 2026, with further drilling of approximately 3,000 meters planned [3]. - The maiden drill program at Target 5 has yielded excellent results, including 2.75 m @ 2.28 g/t gold and 500 g/t silver, with additional drilling planned to test further along strike [4]. Assay Update - The company is experiencing delays at its external assay laboratory, with final results pending for about 20 drill holes, and additional holes dispatched recently [5]. Regional Exploration - LiDAR surveying has been completed at the newly acquired La Dura concession area, with analysis expected in early 2026. An aerial magnetic survey is scheduled for January 2026 to refine structural interpretations and identify new targets [6]. Year-End Reflection - The company has made significant exploration progress in 2025, reinforcing the potential of the Copalquin District as a high-grade gold-silver system, with multiple targets advancing in parallel [7]. 2026 Outlook - Mithril plans an aggressive exploration program in 2026, targeting 25,000 meters of drilling and focusing on expanding known mineralized zones and testing new high-priority targets [8].
CHARBONE Delivers its First Load of Clean UHP Hydrogen in Ontario
Thenewswire· 2025-12-22 12:25
Core Insights - CHARBONE CORPORATION has successfully delivered its first load of clean Ultra High Purity (UHP) hydrogen to an independent distributor in Ontario, marking the official start of revenue generation for its production division [1][2]. Group 1: Company Developments - The initial shipment of clean UHP hydrogen produced in Sorel-Tracy confirms CHARBONE's capability to supply markets outside Quebec from the beginning of its commercial launch [2][3]. - This contract signifies the start of a new phase of commercial growth for CHARBONE, which aims to expand its distribution network and enhance its presence in key industrial corridors of Eastern Canada and the American Midwest [3]. - CHARBONE is focused on developing a network of clean hydrogen production facilities across North America, starting with its flagship project in Sorel-Tracy, Quebec [5]. Group 2: Market Position and Strategy - The company is addressing the limited access to consistent and reliable clean UHP hydrogen supply in the North American market, driven by strong demand for its products [3]. - CHARBONE's integrated model reduces risk and enhances scalability, allowing for diversified revenue streams through partnerships in helium and other specialty gases [5]. - The company is committed to supporting the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions [5].
Total Metals options High Grade Menary Gold Project with Historic Results up to 8,120 g/t Au; Highlights Strategic Position Surrounded by Coeur Mining in the Rainy River District
Thenewswire· 2025-12-22 11:35
Core Viewpoint - Total Metals Corp. has entered into an Option Agreement to acquire 100% interest in the Menary Gold Project, which is strategically located near the Rainy River claims recently acquired by Coeur Mining for approximately US$7 billion, indicating the project's potential value in a prominent mining district [1][10]. Financial Terms - The acquisition involves total payments of $1,010,000 in cash and $1,010,000 in common shares over four years, with an initial payment of $210,000 in cash and shares due within five days of TSX Venture Exchange acceptance [4][5]. - Subsequent payments of $200,000 in cash and shares are scheduled for each of the first four anniversaries of the agreement [5]. Property Description - The Menary Property consists of 27 mining claims and 1 mining lease, covering an area of 276.5 hectares, and is accessible year-round [6]. - The property is located approximately 65 km northwest of Fort Frances and borders the Rainy River Mine, enhancing its strategic significance [6]. Exploration Results - Historical exploration has confirmed the presence of high-grade gold, with grab samples exceeding 8,000 grams per tonne and significant drill intercepts, such as 16.99 g/t Au over 6.3 meters [4][6]. - The Galbraith "A" Shear Zone has shown exceptional high-grade results, including grab samples of 8,120 g/t Au, 1,885 g/t Au, and 1,400 g/t Au [6][7]. Geological Context - The Menary Property is situated in the Rainy River greenstone belt, with mineralization associated with sheared mafic metavolcanics and quartz-feldspar porphyry dykes [9]. - Preliminary metallurgical work indicates that the gold and silver can be recovered through gravity separation, suggesting favorable processing characteristics [9]. Strategic Importance - The acquisition of the Menary Gold Project is positioned within a district that is gaining attention due to recent consolidation activities, particularly Coeur Mining's acquisition of New Gold, which underscores the long-term mining potential of the area [10][11].
Inflection Resources to Drill Six Copper-Gold Targets in New South Wales, Australia
Thenewswire· 2025-12-22 11:30
Core Viewpoint - Inflection Resources Ltd. plans to drill approximately twenty holes to explore six standalone copper-gold targets in northern New South Wales, which have not been previously drilled. These targets are independently owned and not part of any existing agreements with AngloGold Ashanti Australia Limited [1][2]. Exploration Strategy - The company aims to test high-impact systems with significant discovery potential through these 100% owned targets, which exhibit compelling geophysical signatures [2]. - The targets are located near existing mining operations, specifically 35 kilometers northeast of the Tritton mine and 15 kilometers northeast of the Constellation copper deposit [2]. Target Details - The identified targets include Bugwah, Colossal, and Boorara, which are associated with intrusion-related gold and replacement copper-gold systems [2]. - Each target shows complex structural patterns in regional aeromagnetic data, indicating potential zones of fluid up-flow that could lead to mineralization [3][4]. Drilling Methodology - The drilling will utilize air core drilling, a cost-effective and efficient method that allows for rapid testing of large areas [8][9]. - Approximately twenty air core drill holes will be drilled to depths of around 100 meters to collect data on lithology, mineralization, and geochemistry [12][13]. Next Steps - The company has initiated discussions for land access and permitting for the drilling programs, with drilling expected to commence in early 2026 [12][13]. - The data collected will be analyzed to provide valuable insights for potential deeper drilling [12]. Stock Options - Inflection Resources has granted 4,000,000 incentive stock options to various stakeholders, exercisable at a price of $0.30 for a five-year term, pending acceptance by the Canadian Securities Exchange [14].
Armory Mining Engages Castello Q Exploration for Ammo Antimony-Gold Work Program
Thenewswire· 2025-12-22 08:05
Core Viewpoint - Armory Mining Corp. has engaged Castello Q Exploration Corp to initiate a phase one work program at its Ammo Antimony-Gold project in Nova Scotia, Canada, focusing on minerals critical to energy, security, and defense sectors [1]. Group 1: Project Overview - The Ammo project encompasses a 3,092-hectare exploration area that is contiguous to the historical West Gore antimony-gold mine, which produced significant amounts of antimony and gold prior to World War I [2]. - Historical production records from West Gore indicate nearly 32,000 metric tons of output between 1914-1917, yielding over 7,000 metric tons of antimony concentrate with a grade of 46% and a total of 6,861 ounces of gold recovered by 1917 [3]. Group 2: Exploration Program - The initial phase one exploration program will include data compilation, prospecting, reconnaissance, detailed surface sampling, and geophysics to identify favorable geology and prioritize drill targets [5]. - The company has allocated a budget of up to $656,000 CAD for this initial phase of exploration [5]. Group 3: Company Background - Armory Mining Corp. is a Canadian exploration company focused on minerals essential for the energy, security, and defense sectors, holding a 100% interest in both the Ammo antimony-gold project and the Riley Creek antimony-gold project in British Columbia [8].
Norsemont Announces First Tranche Closing of Convertible Debenture Financing
Thenewswire· 2025-12-22 01:10
Core Viewpoint - Norsemont Mining Inc. has successfully closed the first tranche of its non-brokered private placement, raising US$7,529,000 (approximately CAD$10,375,715) through the issuance of unsecured convertible debenture units and warrants, which will support its upcoming drill program and production strategy for the Choquelimpie project [1][2]. Financing Details - The first tranche of the Offering involved the issuance of US$7,529,000 in principal amount of Convertible Debentures and 6,035,258 Warrants, resulting in total gross proceeds of US$7,529,000 (approximately CAD$10,375,715) [1]. - The terms of the Offering have been amended to allow for gross proceeds of up to US$10,000,000 (approximately CAD$13,794,400), with a 30% over-allotment option [2]. Use of Proceeds - Proceeds from the Offering are intended for general working capital, mineral exploration, and advancing the Choquelimpie gold-silver-copper project [3]. Convertible Debenture Unit Structure - Each Convertible Debenture Unit consists of one convertible debenture with a principal amount of US$1,000, convertible into common shares at a price of CAD$0.86, and includes 802 transferable common share purchase warrants, each allowing the purchase of one common share at CAD$1.00 for three years [4]. - The Convertible Debentures carry an interest rate of 5.25% per annum and have a maturity date of three years from the closing date [4]. Project Overview - Norsemont Mining owns a 100% interest in the Choquelimpie project, which has an indicated mineral resource estimate of 1,731,000 gold ounces and 33,233,000 silver ounces, along with an inferred mineral resource of 446,000 gold ounces and 7,219,000 silver ounces [10]. - The Choquelimpie project is a past-producing mine with significant existing infrastructure, including roads, power, water, camp, and a 3,000-tonne-per-day mill [10].
Plaid Grants Incentive Stock Options
Thenewswire· 2025-12-20 00:00
Company Overview - Plaid Technologies Inc. is focused on commercializing advanced graphene-enhanced materials aimed at improving performance in established markets such as construction, energy, and industrial manufacturing [3][4] - The company's technology enhances existing materials and workflows, facilitating rapid adoption and aligning with sustainability and decarbonization goals [3] Product and Market Focus - The core product is a proprietary graphene-infused concrete formulation that significantly enhances strength, durability, and long-term performance [4] - Initial commercial efforts are concentrated on wellbore cement and subsurface integrity solutions, addressing a regulated market with clear pain points and a strong willingness to pay [5] Market Opportunity - In the U.S., over 4.5 million orphaned and abandoned wells require permanent remediation, representing a potential demand of up to $100 billion for graphene-reinforced concrete [6] - This substantial and non-cyclical addressable market provides a solid foundation for early revenue while allowing the company to expand into adjacent construction and industrial applications, creating a scalable growth platform with long-term potential [6] Stock Options Grant - The company has granted 4,975,000 stock options to directors, officers, and consultants as part of its long-term incentive plan, which was approved by shareholders [1] - Each option is exercisable at a price of $0.30 per share for four years and vests quarterly over twelve months, with shares subject to a four-month hold period [2]
Panther Minerals Announces Appointment of Peter Rhodes to the Board of Directors
Thenewswire· 2025-12-19 23:30
Core Viewpoint - Panther Minerals Inc. has appointed Mr. Peter Rhodes as a director, bringing over 20 years of experience in resource investment and capital markets to the company [1][2][4]. Company Developments - Mr. Rhodes is a Chartered Accountant and mining financier with a background in audit and advisory services from Ernst & Young [2]. - He co-founded Alliance Critical Materials, focusing on institutional investment strategies for critical mineral supply chains in Europe [3]. - Mr. Rhodes has raised over US$400 million across various sectors, including mining and energy [3]. - The company acknowledges that Mr. Rhodes' expertise will support its strategic objectives [4]. Board Changes - Mr. J. Casey Forward has resigned as a director, effective December 19, 2025, and the company expresses gratitude for his contributions [5]. Market Engagement - Panther Minerals has entered into a market-making agreement with Independent Trading Group Inc. for an initial term of one month, with a fee of $5,000 for this period and $10,000 for each subsequent month [6].