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Opawica Exploration Inc Announces a Conceptual Exploration Target
Thenewswire· 2025-10-16 12:00
Core Insights - Opawica Explorations Inc. is exploring a Conceptual Exploration Target at its Bazooka Property, located along the Cadillac-Larder Lake Break, a significant gold-bearing structure globally [1][2] - The Bazooka Property is strategically positioned adjacent to Yamana Gold's Wasamac Project and is within a district actively explored by major producers like Agnico Eagle Mines, indicating strong potential for high-grade gold discoveries [2][12] Exploration Target Overview - The exploration target is based on historical drilling data, which includes 210 drill holes totaling 51,219 meters [2][6] - The known mineralization is found within a 60-meter-wide zone of quartz-carbonate-sericite and talc-chlorite schists, referred to as the Main Zone, associated with a graphitic fault [2][4] - The potential quantity of the exploration target is estimated to be between 10 to 40 million tonnes, grading between 0.9 to 1.45 grams per tonne (g/t) gold [6] Geological Highlights - The Cadillac-Larder Lake Break at Bazooka features a 20–60 meter-wide deformation corridor with significant alteration, including carbonate, silica, fuchsite, and tourmaline [4] - High-grade intercepts have been reported, including 77.18 g/t over 5.79 meters and 25.77 g/t over 7.5 meters, confirming the presence of sulphide-bearing quartz veins with visible gold [5][7] Company Overview - Opawica Explorations is a Canadian resource exploration company with a focus on precious and base metal properties in the Rouyn-Noranda region of the Abitibi gold belt in Quebec [17] - The company's management has a strong track record in discovering and developing successful exploration projects, aiming to increase shareholder value through cost-effective exploration practices and strategic partnerships [17]
Drilling Continues at Silver North's Flagship Haldane Silver Property, Yukon
Thenewswire· 2025-10-16 12:00
Core Insights - Silver North Resources Ltd. is advancing its 2025 exploration program at the Haldane Silver Property, focusing on expanding the discovery made at the Main Fault target in the Keno Hill Silver District, Yukon [1][2] Exploration Program Update - Six drill holes totaling 1,300 metres have been completed at the Main Fault target, with five holes sampled and sent for analysis, and one hole still in progress [1][3] - The program aims to delineate the down-dip and strike potential of the 2024 Main Fault discovery, which previously intersected three stacked high-grade silver-bearing veins [6] Mineralization Details - The 2025 diamond drilling program is targeting Keno-style silver lead-zinc mineralization, with significant intersections reported, including 1.83m of 1,088 g/t silver and 5.8m of 365 g/t silver [2][6] - The first hole of the program tested mineralization approximately 80 metres further down dip from the 2024 intersections, while remaining holes are testing sections approximately 50 and 100 metres southwest and 50 metres northeast of the discovery section [2] Operational Support - Paycore Diamond Drilling has been engaged as the drill contractor, and Hardline Exploration Services Ltd. is providing staffing, technical, and camp support for the program [3] Company Overview - Silver North's primary assets include the 100% owned Haldane Silver Project, the Tim Silver Project under option to Coeur Mining, and the GDR project, with plans to acquire additional silver properties in favorable jurisdictions [4]
MedBright AI Announces Termination of Limmi Agreements
Thenewswire· 2025-10-16 12:00
Vancouver, British Columbia – October 16, 2025 – TheNewswire - MedBright AI Investments Inc. (the “Company” or “MedBright AI”) (CSE:MBAI, OTCQB:MBAIF, FSE:1V7) announces that the transaction agreements entered into on October 16, 2023 between the Company, Mentorhead Incorporation dba Limmi (“Limmi”) and certain subsidiaries of the Company have been terminated upon mutual agreement of the parties. Please refer to the Company’s news release dated October 17, 2023, for details of the agreements which have bee ...
GOAT Industries Announces Entering Into Definitive Agreement to Acquire Sales and Marketing Arm of Gambling Platform
Thenewswire· 2025-10-16 12:00
Core Viewpoint - GOAT Industries Ltd. has entered into a binding share exchange agreement to acquire Veroom, Inc. and 1509467 B.C. Ltd., focusing on the global sports betting market, particularly in North America, which is valued at over $40 billion [1][2]. Group 1: Transaction Overview - The acquisition includes all issued and outstanding securities of Vroom and 1509, with the Vroom Transaction involving the issuance of 15,677,500 common shares at a deemed price of $0.21 per share, totaling approximately $3.29 million [5]. - The transaction also includes 62,710,000 common share purchase warrants, exercisable at $0.45 for five years [5]. Group 2: Business Focus of Targets - The Targets, known as "BETSource," leverage technology and licenses to provide casinos and sportsbooks with competitive advantages through content recognition and AI for personalized experiences [2][3]. - Vroom's role is to activate live sports rights within casinos and sportsbooks, ensuring effective market penetration of the Technology and Licenses [2]. Group 3: Performance Milestones - The common shares issued to Vroom Vendors will be subject to a voluntary escrow with performance milestones tied to revenue targets of $10 million and $20 million for 1509 [6][7]. - The Performance Warrants will also vest based on the achievement of these revenue milestones [7]. Group 4: Regulatory and Approval Requirements - Completion of the Vroom Transaction is contingent upon necessary regulatory approvals, completion of the 1509 Transaction, shareholder approval, and an equity financing of $2 million to $6 million [9][10]. - The transaction will not constitute a fundamental change in business but will require shareholder approval due to the issuance of more than 100% of current shares [10].
Mithril Reports 10.9 G/T Aueq (7.19 G/T Gold, 260 G/T Silver) Over 8.03m, Extending Target 1 Area By 300 Metres, At Copalquin, Mexico
Thenewswire· 2025-10-16 11:30
Core Insights - Mithril Silver and Gold Limited has reported significant exploration results from its Copalquin property in Durango State, Mexico, highlighting high-grade gold and silver intercepts that extend the strike length of Target 1 by over 30% [1][2][4] Exploration Results - Recent drilling at Target 1 yielded notable intercepts: - 2.05 m at 7.41 g/t gold and 419 g/t silver from 266.05 m - 2.80 m at 3.97 g/t gold and 208 g/t silver from 272.35 m - 8.03 m at 7.19 g/t gold and 260 g/t silver from 257.72 m, including 4.40 m at 9.87 g/t gold and 507 g/t silver from 260.7 m [1][6] - The current resource at Target 1 has been expanded by 300 meters, demonstrating strong potential for further growth [5][6] District Development - The Copalquin property covers a 70 km² area with a history of high-grade gold and silver mining, including 100 historic underground mines [10][11] - Mithril is fully funded for a 45,000-meter drilling program over the next 12-14 months, with plans to add a third drill rig by early 2026 [4][30] - An aerial magnetic survey is scheduled for late October 2025 to support ongoing exploration efforts [4][7] Target Areas - Drilling at Target 5 has progressed rapidly, with 11 holes completed and assays pending, expanding the target footprint to 2 km x 2 km [3][8] - Target 3 is preparing for drilling in the coming months, with systematic mapping and sampling defining priority targets [9][30] Resource Estimates - The maiden JORC resource estimate for the Copalquin district indicates significant potential, with 28.6% of the resource tonnage classified as indicated [25][29] - The resource estimate includes: - Indicated: 691 kt at 5.43 g/t gold and 114 g/t silver - Inferred: 1,725 kt at 4.55 g/t gold and 152 g/t silver [25][29]
First Tellurium and PyroDelta Establishing a U.S. Subsidiary to Facilitate Sales of Thermoelectric Products
Thenewswire· 2025-10-16 11:30
Core Insights - First Tellurium Corp. is establishing a Florida-based subsidiary through its majority-owned subsidiary PyroDelta Energy to facilitate sales of thermoelectric devices to U.S. customers, including drone manufacturers and AI data center providers [1][2] - The company has received positive feedback from potential customers and aims to have the subsidiary operational as soon as possible to capitalize on initial sales opportunities [2] - First Tellurium has hired a consultant to access Canadian federal and provincial government funding for innovation and clean energy programs, which aligns with the government's push to enhance competitiveness in these sectors [2][3] Company Developments - The establishment of the Florida subsidiary is part of a strategic move to enhance market presence in the U.S. and is expected to be operational soon [2] - The company believes that its thermoelectric technology will qualify for various government grants, loans, and capital investment programs, which could support its growth [3] - The Canadian government, under Prime Minister Mark Carney, is focused on positioning Canada as a clean energy superpower, which could benefit First Tellurium's initiatives [3][4] Business Model - First Tellurium's business model focuses on generating revenue through mineral discovery, project development, and the advancement of tellurium-based technologies [4]
Falcon Energy Materials Pilot Plant Set for Q4 2025 Completion as Three Potential Customers Commence Sample Qualification Process
Thenewswire· 2025-10-16 11:00
Core Insights - Falcon Energy Materials plc is making significant progress in constructing its pilot plant in Jorf Lasfar, Morocco, which positions the company as a leader in developing large-scale, high-purity coated spherical purified graphite (CSPG) for the global battery industry outside of China [1][6][11] - The pilot plant is on track for completion and commissioning in Q4 2025, which is crucial for securing long-term offtake agreements for Falcon's proposed 25,000 tonnes per annum (tpa) commercial scale anode facility [2][4][10] Group 1: Pilot Plant Development - The pilot plant is being developed within the industrial complex of Falcon's strategic partner Fluoralpha S.A. at Jorf Lasfar, benefiting from advanced industrial infrastructure and proximity to European and North American markets [4][6] - Civil construction is progressing steadily, with the completion of the pilot plant building and ancillary infrastructure expected by late 2025 [5][10] - The pilot plant has been fully commissioned and tested at Hensen Graphite Carbon Corporation's facility in China, ensuring optimized performance before shipment to Morocco [8][10] Group 2: Customer Engagement and Production - The first CSPG samples have been produced and delivered to three potential customers, who have initiated large-scale qualification programs [1][9] - Two distinct specifications of CSPG have been tailored to customer requirements, with 50kg sample batches currently under evaluation [9] - Falcon has procured and assembled all necessary equipment to produce large-scale CSPG samples for potential customers [8][10] Group 3: Strategic Partnerships and Future Outlook - The strategic partnership with Hensen and Fluoralpha is aimed at developing a comprehensive industrial value chain to lead the global battery market [11] - Falcon aims to become a fully integrated supplier of battery anode materials, with plans for a high-purity graphite production mine in Guinea and a CSPG conversion facility in Morocco [11][12] - The company is committed to sustainability and supply chain transparency, supported by attractive operating costs and strong ESG credentials [12]
Vanguard Mining Announces Listing of Warrants On the CSE
Thenewswire· 2025-10-16 07:05
Core Points - Vanguard Mining Corp. has received approval from the Canadian Securities Exchange to list 6,414,816 common share purchase warrants, which will begin trading on October 17, 2025 [1] - Each warrant allows the holder to acquire one common share at an exercise price of $0.22 before February 1, 2027 [2] - The company is focused on the discovery and development of high-value strategic minerals, with ongoing exploration projects in Argentina, Canada, and Paraguay [4] Company Information - Vanguard Mining Corp. is committed to responsible exploration and value creation through the acquisition and advancement of uranium properties [4] - The warrants are governed by a warrant indenture with Endeavour Trust Company [2] - The company encourages stakeholders to follow its updates on social media and its website [5]
Prismo Reports High Grade Gold along with Silver, Copper and Zinc Mineralization at Ripsey Mine
Thenewswire· 2025-10-16 07:00
Core Insights - Prismo Metals Inc. has reported high-grade assay results from the Ripsey Mine Project in Arizona, confirming significant mineralization over a strike length of approximately 600 meters, which enhances the drill potential of the site [1][2][4] Group 1: Ripsey Mine Project - The initial assay results from the Ripsey Mine include high-grade gold, silver, copper, and zinc, with one sample showing 14.7 g/t Au, over 100 g/t Ag (results pending), 3.28% Cu, and 3.26% Zn [2] - The exploration work at Ripsey is being conducted alongside preparations for drilling at the Silver King project, allowing for efficient resource allocation and synergy between the two projects [2][4] - The Ripsey project has no minimum exploration expenditure requirements during its five-year term, providing flexibility in budget allocation [2][4] Group 2: Silver King Project - Additional assays from the Silver King project have identified new drill targets, including two additional veins and zones of replacement mineralization [11] - The geological observations at Silver King suggest the presence of a porphyry system, with historical data indicating significant mineralization potential [11][20] - An induced polarization (IP) survey is scheduled to commence soon to further evaluate the property [13] Group 3: Company Overview - Prismo Metals Inc. is focused on advancing its mining projects, including Silver King, Ripsey, and Hot Breccia in Arizona, as well as the Palos Verdes silver project in Mexico [23]
Hill Incorporated Announces Resignation of Director
Thenewswire· 2025-10-15 23:50
Core Points - Mr. Jack Fraser has resigned from his roles as Chairman and member of the Board of Directors of Hill Incorporated, effective immediately [1] - The resignation is due to Mr. Fraser's need to focus on other professional commitments, and the company expresses gratitude for his contributions [2] Company Overview - Hill Incorporated, formerly known as Hill Street Beverage Company Inc., is a bioscience implementation company focused on creating healthier living solutions through advanced technologies [2] - The company operates two main business units: Hill Avenue Cannabis, which focuses on cannabis solutions leveraging Lexaria Bioscience Corp's DehydraTECH patent portfolio, and Hill Street Beverages, which is dedicated to alcohol-free consumer beverage marketing and distribution [2]