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Cadillac Ventures Inc. Enters into Option Agreement for the Burnt Hill Tungsten Project in New Brunswick
Thenewswire· 2025-10-08 18:05
Core Points - Cadillac Ventures Inc. has entered into an option agreement with Nexcel Metals Corp. and Wyloo Ring of Fire Ltd. for a potential 58% interest in the Burnt Hill Tungsten Project located in New Brunswick, Canada [1][4] Agreement Terms - The Optionee can acquire the 58% interest in four stages, starting with a payment of $170,000 in cash and issuing $330,000 in common shares [2] - The first option allows the Optionee to earn up to 29.6% interest, followed by additional payments and share issuances to reach 38.3%, 46.4%, and finally 58% [2] - All common shares issued will be subject to statutory hold periods and voluntary resale restrictions over a 36-month period [3] Joint Venture Formation - Upon earning a 51% interest, a joint venture will be established among the Optionee, Cadillac, and the Minority Owner, with the latter's 42% interest remaining unaffected unless a future acquisition is agreed upon [4]
Granada Gold Appoints New Director to the Board
Thenewswire· 2025-10-08 17:20
Rouyn Noranda, Q.C. – TheNewswire - October 8, 2025 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the “Company” or “Granada”) is pleased to announce the appointment of Daniel Barrette as a director of the Company. Daniel Barrette brings over 15 years of leadership experience in the mining sector, with a strong track record in corporate restructuring, project development, and international transactions. From 2011 to 2013, he spearheaded the successful reorganization of SearchGold Re ...
Arizona Gold & Silver Sampling Returns up to 7.95% Antimony from the Silverton Antimony-Gold Project, Nevada
Thenewswire· 2025-10-08 16:05
Core Insights - Arizona Gold & Silver Inc. has announced high-grade antimony samples from the Silverton gold-antimony project in Nye County, Nevada, indicating significant exploration potential for both gold and antimony [1][2][9] Exploration Focus - The company has initiated exploration specifically targeting the antimony potential of the Silverton project, as antimony is classified as a "critical metal" currently trading at US$57.50 per pound [2][9] Sampling Results - Recent chip sampling results show that 14 samples collected from stibnite-quartz veins yielded an average antimony grade of 1.38%, with the highest grade reaching 7.95% Sb from a 25.4-centimeter wide vein [5][8] - Historical data indicates that over 2000 rock samples were collected, with more than 25 samples containing over 1% antimony and 95 samples exceeding 1000 ppm Sb [9][10] Drilling Program - The US Bureau of Land Management has approved a drilling program consisting of 27 reverse circulation drill holes, allowing the company to commence road and drill pad construction and drilling at any time [13] Company Overview - Arizona Gold & Silver Inc. is focused on uncovering precious metal resources in Arizona and Nevada, with a commitment to sustainable practices and innovative exploration techniques [17]
Ecolomondo Increases Output at its Hawkesbury TDP Facility
Thenewswire· 2025-10-08 15:15
Core Insights - Ecolomondo Corporation has reported a significant increase in output at its Hawkesbury TDP facility, driven by rising demand for its end-products [1][2] - The company achieved record revenues for September 2025, marking a 325% increase compared to September 2024, although it continues to operate at a loss due to the facility's ramp-up phase [3] Production and Output - The Hawkesbury TDP facility processed 60 tons of crumb rubber over 4 days, recovering approximately 24 tons of recovered carbon black (rCB), 6 tons of syngas, and 350 barrels of tire-derived oil, equivalent to over 2 tanker loads of oil [2] - The facility is expected to process around 1 million scrap tires annually, producing approximately 4,000 MT of rCB, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas once fully operational [9] Revenue Streams - Revenue streams from the Hawkesbury TDP facility include sales of rCB, oil, steel, and syngas, as well as tipping fees for scrap tire disposal [3][8] Workforce Development - To meet the increasing production demands, Ecolomondo is hiring and training additional staff across all departments of the Hawkesbury TDP facility [4] Technological Advancements - The company emphasizes the efficiency of its proprietary Thermal Decomposition Process (TDP) technology, which ensures consistent output and product quality [5][16] Future Projects - Ecolomondo plans to construct the Shamrock facility, which will have a processing capacity of 5 million end-of-life tires per year, significantly increasing its production capabilities [10] Environmental Impact - The TDP process is noted for its environmental benefits, reducing greenhouse gas emissions by 90% compared to virgin carbon black production, with expected annual CO2 reductions of 15,000 tons from the Hawkesbury facility and 45,000 tons from the Shamrock facility [17] Certification and Market Position - The Hawkesbury facility has received the International Sustainability and Carbon Certification (ISCC), enhancing the commercial value of its end-products through improved traceability [13] - Ecolomondo aims to be a leading player in the cleantech sector, contributing to the global circular economy by producing high-value reusable commodities from scrap tire waste [6][11]
SPARC AI Unveils Next-Generation Autonomous Navigation
Thenewswire· 2025-10-08 13:30
Core Insights - SPARC AI Inc. has launched a next-generation AI Autonomous Navigation System that enables full autonomy for land, air, and sea operations, even in the absence of GPS and other sensors [1][2] - The new system is integrated into SPARC AI's Overwatch Intelligence Platform, allowing drones and autonomous vehicles to navigate without traditional navigation aids, setting a new standard for autonomous performance in various applications [2][4] Technology and Features - The enhanced Geofence Mission Planner provides users with precise control over mission parameters such as altitude, camera pitch, speed, and route coordination, allowing for real-time adjustments [3] - The system features Adaptive Path Planning and Terrain-Aware Navigation, which continuously analyzes the environment to optimize safety, energy use, and efficiency [3] - Multi-Target Coordination and Fleet Scaling capabilities enable synchronized operation of multiple drones or vessels, enhancing mission effectiveness for tasks like mapping and surveillance [4] Strategic Implications - This launch represents a significant advancement for SPARC AI, positioning the company as a leader in autonomous navigation technology that is independent of GPS, which is crucial for industries requiring high levels of intelligence and precision [4][6] - SPARC AI's technology aims to redefine the future of drone intelligence, focusing on scalable software solutions for defense, rescue, and commercial applications [6]
Ocumetics Reports Encouraging One-Month Postoperative Results
Thenewswire· 2025-10-08 13:25
Core Insights - Ocumetics Technology Corp. has reported promising one-month safety and vision performance results for its Ocumetics Accommodating Intraocular Lens, marking a significant milestone in ophthalmology [1][2]. Group 1: Clinical Results - The initial patients have achieved functional distance vision of 20/40 or better without glasses after one month, with encouraging signs of near vision performance and no complications [2]. - The early results are expected to improve as patients adapt and the clinical program progresses [2]. Group 2: Company Overview - Ocumetics is a Canadian research and product development company focused on advanced vision correction solutions aimed at enhancing patients' quality of life [3]. - The company is in the first-in-human early feasibility study phase for its innovative intraocular lens technology, which is designed to eliminate the need for corrective lenses [4][5]. Group 3: Research Focus - The clinical protocol includes three patient groups, evaluating safety, surgical techniques, and distance vision correction capabilities of the Ocumetics Lens [3][4].
Critical Infrastructure Technologies Ltd. Selected to Join Team Defence Australia Delegation for Ausa 2025 in Washington, D.C.
Thenewswire· 2025-10-08 13:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has been selected as a Rover within the Team Defence Australia delegation for the AUSA Annual Meeting and Exposition 2025, taking place from October 13 to 15, 2025, in Washington, D.C. [1][4] Company Overview - CiTech is a developer of autonomous, high-capacity mobile communications and security platforms, targeting sectors such as mining, defence, border security, and emergency services with its first product, the Nexus 16 [6]. - The Nexus 16 aims to provide critical mobile telecommunications using patented technologies, addressing limitations of current deployable communication solutions [6]. Industry Engagement - Participation in the AUSA event allows CiTech to engage with international defence stakeholders, strengthen global partnerships, and showcase its Nexus platform, which supports mission-critical communications and situational awareness [3][4]. - AUSA 2025 is expected to host over 30,000 participants, including senior military officials and key defence contractors, highlighting the significance of CiTech's involvement in promoting Australian innovation on a global stage [4].
MetalQuest Mining Welcomes Distinguished Global Steel & Mining Executive, Praveen Kumar Jha, as a Strategic Adviser for MQM and its Lac Otelnuk Iron Ore Project, Labrador Trough, Quebec
Thenewswire· 2025-10-08 12:55
Core Insights - MQM has appointed Mr. Praveen Kumar Jha as a Strategic Adviser, bringing over 30 years of international leadership experience in the steel industry, which will enhance the company's ability to implement recommendations from AtkinsRealis [1][4] - Mr. Jha has a strong background in mining engineering and has successfully overseen significant investments, including a $1.5 billion project in the Labrador Trough, Quebec [2][3] - The company is focused on advancing its Lac Otelnuk Iron Ore Project and has established a partnership with AtkinsRealis for a comprehensive gap analysis of its 2015 feasibility study [6][7] Company Overview - MetalQuest Mining (MQM) owns 100% of the Lac Otelnuk Iron Ore Project, which is one of the largest iron ore projects in North America, located in Quebec's Labrador Trough [6] - The Quebec government has transferred all claims to MQM, and the company has invested over $120 million in the project to date [6] - MQM is working with the Naskapi First Nation of Kawawachikamach under an Exploration and Pre-Development Agreement established in November 2023 [6] Financial and Operational Highlights - The company has granted 1,200,000 incentive stock options to its directors, officers, and consultants at an exercise price of $0.15 per share for five years [5] - MQM also holds approximately 1.9 million shares and 2.5 million warrants of Canadian Copper (CCI), along with two NSR royalties totaling 1% in the Murray Brook PEA Stage Zinc-Polymetallic Deposit [8][9] - CCI is completing a Preliminary Economic Assessment (PEA) on the Murray Brook deposit, with a release expected in the first half of 2025 [9]
Tenth Avenue Petroleum Announces Name Change To Decimus Oil Corp. and New Stock Trading Symbol
Thenewswire· 2025-10-08 12:00
Core Points - The company is changing its name from Tenth Avenue Petroleum Corp. to Decimus Oil Corp. to better reflect its focus on acquiring, optimizing, and developing Mannville-focused assets in Southern Alberta [1] - The name change was approved by shareholders at the annual general and special meeting on September 17, 2025, and will be effective on October 10, 2025 [3] - The company will commence trading under the new name and trading symbol "WCSB" on the TSX Venture Exchange starting October 10, 2025 [4] Company Overview - Decimus Oil Corp. is engaged in the acquisition, development, and production of oil and gas in the Western Canadian Sedimentary Basin, focusing on Mannville development in Southern Alberta [8] - The company has grown its land base to over 26,000 gross acres and 16,000 net acres since recapitalizing in late 2020, while also increasing production through strategic acquisitions and optimization activities [6] - The company aims to unlock significant resources in place by deploying modern completion techniques and advancing a low-risk acquisition strategy [8]
Planet Ventures Highlights Rapid Growth and Innovation of Portfolio Company SuperQ Quantum Computing
Thenewswire· 2025-10-08 12:00
Vancouver, British Columbia – October 08, 2025 – TheNewswire - Planet Ventures Inc. (CSE: PXI; OTC: PNXPF; Frankfurt: P6U1) (“Planet” or the “Company”) is pleased to highlight its strategic investment in SuperQ Quantum Computing Inc. (CSE: QBTQ; OTCQB: QBTQ; Frankfurt: 25X), reinforcing a joint mission to accelerate the evolution of quantum computing and capture early market leadership in this transformative industry. SuperQ is rapidly emerging as a standout player in the quantum and hybrid computing space ...