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Silver North Extends Main Fault Silver Mineralization an Additional 50 metres Along Strike at the Haldane Silver Property, Keno District, Yukon
Thenewswire· 2025-12-10 12:30
Core Insights - Silver North Resources Ltd. has reported significant drilling results from its Haldane Silver Property, indicating the extension of the Main Fault mineralization with high-grade silver intersections [2][3][4] Drilling Results - The recent drilling program has successfully extended the Main Fault to over 100 meters in strike and approximately 150 meters downdip, with a total of five holes reported so far [2][3] - Hole HLD25-35 intersected 14.40 meters averaging 231 g/t silver, 0.24 g/t gold, 0.54% lead, and 0.39% zinc, including a high-grade interval of 1.25 meters averaging 1,261 g/t silver [2][4] - Hole HLD25-34 returned 13.60 meters averaging 146 g/t silver, with a notable high-grade section of 1.20 meters averaging 467 g/t silver [3][6] Property Details - The Haldane Silver Property spans 8,579 hectares and is located 25 km west of Keno City, Yukon, adjacent to Hecla Mining's Keno Hill Silver Mine [2][3] - The property hosts numerous occurrences of silver-lead-zinc-bearing quartz siderite veins, consistent with other deposits in the Keno Hill district [2][3] Future Plans - The company anticipates receiving the final assay results from the remaining two holes of the 2025 drilling program and plans to analyze all data to identify potential high-grade plunge directions for a more aggressive drilling program in 2026 [3][4]
Germanium Mining Corp. Announces Non-Brokered Private Placement Commitment
Thenewswire· 2025-12-10 08:05
Core Points - Germanium Mining Corp. announced a non-brokered private placement of 1,250,000 units at $0.20 per unit, resulting in gross proceeds of $250,000, which was fully subscribed within 6 hours [1] - The net proceeds from the placement will be used for exploration activities and general corporate purposes, including arm's length payables [2] - All securities issued will be subject to a hold period of four months and one day, and the financing is subject to standard Canadian Securities Exchange (CSE) approval [2][4]
Northern Lights Resources Announces Fully Allocated Upsizing of Non-Brokered Private Placement
Thenewswire· 2025-12-09 22:30
Core Points - Northern Lights Resources Corp. has increased its non-brokered private placement to C$400,000 due to strong investor demand [1] - Each unit in the offering consists of one common share and one common share purchase warrant, with the warrant exercisable at $0.10 for 36 months [1] - Proceeds from the offering will be allocated for exploration on the company's properties and general corporate purposes [1] Offering Details - No finders fees will be paid in connection with the offering [2] - The securities issued will be subject to a hold period of four months and one day from the closing date [2] Company Overview - Northern Lights Resources is focused on three key projects: Horetzky Copper Project, Pup Copper Project, and Secret Pass Gold Project [5] - The company also holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada [5] - Northern Lights Resources trades under the ticker "NLR" on the CSE and "NLRCF" on the OTC [6]
Germanium Mining Corp. Announces Non-Brokered Private Placement
Thenewswire· 2025-12-09 22:20
Core Viewpoint - Germanium Mining Corp. has announced a non-brokered private placement of up to 1,250,000 units at a price of $0.20 per unit, aiming to raise gross proceeds of up to CAD $250,000 [1][2]. Group 1: Private Placement Details - Each unit in the private placement consists of one common share and one transferable common share purchase warrant [1]. - Each warrant allows the holder to purchase an additional share at $0.30 per share for a period of 12 months from the issuance date [1]. - The net proceeds from the placement will be used for exploration activities and general corporate purposes, including arm's length payables [2]. Group 2: Regulatory and Compliance Information - A finder's fee of up to 10% may be applicable in accordance with Canadian Securities Exchange regulations [2]. - All securities issued will be subject to a hold period of four months and one day as required under applicable securities legislation [2]. Group 3: Company Information - The announcement is made on behalf of the board by Mario Pezzente, CEO & Director of Germanium Mining Corp. [3]. - For further information, contact details and corporate address are provided [3].
Pinnacle Provides Further Details for El Potrero Finder's Fee
Thenewswire· 2025-12-09 19:35
VANCOUVER, BRITISH COLUMBIA, December 9, 2025 – TheNewswire - (TSXV: PINN, OTC: PSGCF, Frankfurt: P9J) – Pinnacle Silver and Gold Corp. ("Pinnacle" or the “Company") is pleased to announce that it has received conditional TSX Venture Exchange (“TSXV” or “the Exchange”) approval for all Finder’s Fee shares associated with the staged option of the high-grade El Potrero gold-silver project in Durango, Mexico.  Further to Pinnacle news release of February 24, 2025, a Finder’s Fee of 4% of the measurable benefi ...
New Age Metals Options Magnet Lake Property Further Expanding the Bonanza Ridge Gold & Critical Metals Project, Kenora Mining District, Ontario
Thenewswire· 2025-12-09 14:35
Core Viewpoint - New Age Metals Inc. has entered into an option agreement to acquire the Magnet Lake Property, which consists of 55 mining claims totaling 1,147 hectares, located near Kenora, Ontario, enhancing its portfolio in the critical and precious metals sector [1][2][3] Acquisition Details - The Magnet Lake Property will be integrated into the Bonanza Ridge Gold and Critical Metals Project, reinforcing the company's position in the Kenora Mining District [2] - The acquisition includes a 2% net smelter return (NSR) royalty, which can be reduced to 1% for $1 million in cash [1] Exploration and Sampling Results - A due diligence site visit in October 2025 confirmed high-grade copper mineralization, particularly at the Gold Lake and Hollow Lake Prospects, with a notable grab sample returning 2.14% copper [5][6][19] - The property has excellent infrastructure, including road access and nearby power lines, and is located 25 km from Kenora, a significant economic hub [7][18] Strategic Positioning - The acquisition aligns with the Ontario Government's Critical Minerals Strategy, which aims to develop a world-class critical minerals jurisdiction [3][19] - New Age Metals holds a 12.2% stake in Metal Quest Mining Corp., which is also acquiring strategic positions in the Ring of Fire region, positioning the company to benefit from the growing critical metals market [4][19] Financial Terms of the Option Agreement - The option agreement includes a series of cash payments and share issuances over three years, starting with $10,000 and $25,000 in shares within 10 days of regulatory approval [21][22] - The agreement allows the company to terminate after fulfilling the first year's commitments [21] Industry Context - Copper has been designated a critical mineral by the Government of Canada since 2024, highlighting its importance in clean technologies and supply chain security [19] - The Kenora Gold District has a long history of high-grade mineralization and is recognized for its potential in the mining industry, with established infrastructure and a skilled workforce [20]
Ocumetics Announces Optimized Lens Delivery System in Collaboration with Medicel
Thenewswire· 2025-12-09 14:00
Core Viewpoint - Ocumetics Technology Corp. has announced enhancements to its lens delivery technology in collaboration with Medicel AG, aimed at optimizing the implantation process for its next-generation intraocular lens [1][2]. Group 1: Company Developments - The updated intraocular lens delivery system is designed to improve loading efficiency and streamline implantation procedures, ensuring compatibility with the Ocumetics Lens [2]. - Ocumetics plans to utilize the optimized lens delivery system for upcoming Group 2 surgeries scheduled for early 2026 [3]. - The collaboration with Medicel reflects a commitment to innovation and responsiveness to surgeon feedback, which is crucial for the success of the Ocumetics Lens [2][4]. Group 2: Product and Technology - Ocumetics is in the early feasibility study phase for a revolutionary intraocular lens that aims to eliminate the need for corrective lenses by allowing natural focus adjustment [6]. - The lens is designed to fit within the natural lens compartment of the eye, providing clear vision at all distances without glasses or contact lenses [6]. Group 3: Company Background - Ocumetics Technology Corp. is a Canadian company focused on developing advanced vision correction solutions to enhance patient quality of life through innovative research and development [5].
Oregen Welcomes Tatenda Muhle as New Chief Financial Officer
Thenewswire· 2025-12-09 14:00
Core Insights - Oregen Energy Corp has appointed Tatenda Muhle as the new Chief Financial Officer, effective immediately, following the resignation of Sean McGrath from the executive team and board of directors on November 30, 2025 [1][2]. Group 1: Leadership Changes - Tatenda Muhle brings extensive international experience in finance, accounting, and advisory roles, which will support Oregen's growth strategy and offshore exploration activities, particularly in Namibia [2][3]. - Sean McGrath has been thanked for his dedicated service and contributions to the company [1]. Group 2: Company Profile - Oregen Energy Corp is focused on oil and gas assets in Africa, with a flagship investment of 33.95% net interest in Block 2712A in the Orange Basin offshore Namibia, an area noted for recent discoveries by major operators [4].
Stellar AfricaGold Signs Earn-In and Joint Venture Agreement to Advance Zuenoula Gold Project Cote D'ivoire
Thenewswire· 2025-12-09 13:25
Core Viewpoint - Stellar AfricaGold Inc. has entered into an Earn-in and Joint Venture Agreement with MetalsGrove Mining Ltd to advance the Zuénoula Gold Project in Côte d'Ivoire, which covers an area of 395.78 square kilometers [1]. Cash Payments - MetalsGrove will pay Stellar's subsidiary Aucrest US$50,000 upon execution of the agreement to secure exclusivity and initiate the joint arrangement [2]. - An additional payment of US$1,000,000 will be made once the Zuénoula Gold Project achieves a JORC compliant gold resource of 1,000,000 ounces, with at least 500,000 ounces in the Indicated category [2]. Management & Governance - A joint Management Committee will oversee the exploration, consisting of two representatives from each company [3]. - MetalsGrove will nominate the Chairman while it is sole funding exploration activities or holds a greater than 50% interest, with the Chairmanship rotating annually when both parties hold a 50% interest [3]. Operator and Exploration Expenditures - MetalsGrove will act as the Operator of the Zuénoula Gold Project while it is sole-funding exploration, receiving a fee of 5% of agreed Exploration Expenditures [4]. - MetalsGrove must incur a minimum of US$150,000 in Exploration Expenditures by April 16, 2026, and may incur an additional US$1,000,000 by July 16, 2027, to maintain its interest [4]. Earn-in Structure - To acquire a 50% vested interest in the JV, MetalsGrove must incur an additional US$2,000,000 in Exploration Expenditures by April 16, 2029 [5]. - If MetalsGrove withdraws before earning a 50% interest, it will retain no interest in the JV or the project [5]. Joint Venture Interests - Upon achieving a 50% vested interest, Aucrest can either co-fund exploration expenditures or allow MetalsGrove to increase its ownership to 80% by funding an additional US$3,000,000 [6]. - If either party ceases contributing to Exploration Expenditures, its interest will be diluted according to industry standards [7]. Pre-existing Arrangements - The Zuénoula Gold Project is subject to a pre-existing 1% Net Smelter Royalty in favor of Elemental Altus, which will remain a JV obligation [7]. CEO Commentary - The CEO expressed satisfaction with the partnership, highlighting that the agreement and the US$3 million in partner-funded exploration expenditures will de-risk the project while allowing Stellar to maintain exposure to potential upside in Côte d'Ivoire [9].
IDEX Completes Maiden Drill Program at the Freeze Property, Idaho & Provides Program Update and Technical Discussion
Thenewswire· 2025-12-09 13:00
Core Insights - IDEX Metals Corp. has successfully completed its first drill campaign at the Freeze Property in Idaho, confirming the presence of a significant copper-bearing magmatic-hydrothermal system at the Kismet Breccia Target [1][3][5] Summary by Sections Drill Campaign Results - A total of 2,282 meters of drilling was conducted across 6 drillholes at the Kismet Breccia Target, with copper mineralization encountered in all holes [1][4] - The Kismet Breccia Complex has a lateral extent of 765 meters North-South and 135 meters East-West, with vertical continuity exceeding 500 meters, remaining open in all directions [4][6] Significant Discoveries - The final drillhole, KSMT25006, intersected the first intrusive-hosted mineralization on the Property, indicating a deeper magmatic-hydrothermal system [4][7] - Historical mineralization levels have been exceeded, with IDEX drilling returning 101 meters of 1.02% Cu from surface, compared to historical results of 40 meters at 0.83% Cu [6][20] Future Exploration Plans - The company plans to continue exploration at the Freeze Property, with a focus on understanding the connection between the Kismet Breccia and the North Breccia [5][20] - Additional drilling is anticipated in 2026, targeting high-priority areas based on the new project model developed from the recent drilling data [26][20] Technical Objectives - The primary goals of the drilling program were to confirm and expand the historical mineralization footprint and to explore for deeper porphyry-style copper deposits [5][6] - The results have established a cohesive picture of scale and continuity, reinforcing the potential for a major copper discovery at the Freeze Property [3][20]