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Norsemont Drilling Program Update at Choquelimpie
Thenewswire· 2025-12-02 14:00
Core Viewpoint - Norsemont Mining Inc. has completed the initial diamond drill hole and commenced two additional drill holes as part of its Phase 3 exploration program at the Choquelimpie project in northern Chile, indicating a strong focus on high-grade gold mineralization [1][3]. Group 1: Phase 3 Drill Program - The Phase 3 drill program aims to evaluate down-dip extensions of higher-grade gold mineralization (>1 gram/tonne Au) within hydrothermal breccia zones, consisting of up to 20 holes averaging 250 meters in length [4]. - The program is being conducted using two diamond drill rigs, with a total of up to 5,000 meters of diamond drilling planned, scheduled to continue through late December [1][4]. Group 2: Management Insights - CEO Marc Levy expressed confidence in the potential for substantial high-grade gold zones at depth and along strike below the existing open-pit resource, highlighting the transformative nature of the Phase 3 drill program [3]. - The company anticipates providing further updates to shareholders as drilling progresses and results become available [3]. Group 3: Technical Details - The first drill hole, MV25-DD01, has been completed to a depth of 300 meters, intersecting the Vizcacha hydrothermal breccia with moderate to strong pyrite mineralization [7][11]. - The second hole, MV25-DD02, is also targeting the Vizcacha Hydrothermal Breccia, while the third hole, MV25-DD03, is designed to explore the Choque Zone at depth, below previously calculated higher gold grades [8][11]. Group 4: Operational Aspects - Norsemont has engaged DV Drilling Ltd. to conduct the Phase 3 exploration program, utilizing truck-mounted diamond drills operating on a 24-hour schedule [5]. - Drill core samples will be prepared and analyzed at certified facilities in Chile, ensuring quality control in the exploration process [6].
Hybrid Power Solutions announces New Distribution Partnership with The Solar Store
Thenewswire· 2025-12-02 13:35
Toronto, Ontario – TheNewswire - December 2, 2025 – Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) ("Hybrid" or the "Company") is pleased to announce a new distribution partnership with The Solar Store, a full service, BBB accredited Solar photovoltaic contractor, supplier and EPC (Engineering Procurement and Construction) company headquartered in London, Ontario.“We’re excited to welcome The Solar Store to our distribution family,” said François Byrne, CEO of Hybrid Power Solutions. “Th ...
Neurothera Labs Signs Non-Binding Term Sheet to Acquire Majority Stake in a Quantum Algorithm Bio Data Analysis Company
Thenewswire· 2025-12-02 13:05
Core Insights - Neurothera Labs Inc. has entered into a non-binding term sheet to acquire a 55% equity interest in a quantum computing bio data company, which is expected to enhance clinical analytics capabilities [1][3] - The acquisition involves issuing common shares of Neurothera equal to 40% of its common shares on a non-diluted post-transaction basis to the selling shareholders of the target company [1] Company Overview - Neurothera Labs Inc. is a clinical-stage pharmaceutical company focused on developing novel therapeutics for central nervous system disorders and other underserved health conditions through collaborations and innovative combinations [4] Industry Implications - The integration of quantum computing principles in bio data analytics could revolutionize the field by enabling faster computations and superior machine learning performance, potentially redefining clinical trials and enhancing medical research and development [2]
Belmont Resources Receives Drill Permit For Crackingstone Uranium-Ree Project, Saskatchewan
Thenewswire· 2025-12-02 13:00
Core Insights - Belmont Resources Inc. has received a multi-year drill permit for its Crackingstone Uranium–REE Project, allowing for extensive exploration activities [1][3][11] - The project is located near Saskatchewan's uranium-rich Athabasca Basin, benefiting from excellent infrastructure and proximity to Uranium City [7][12] - Historical drilling results from 2008 confirmed uranium mineralization across all 20 holes, indicating significant potential for renewed exploration [4][5] Permit Details - The drill permit, known as Crown Land Work Authorization (CLWA), is valid until November 30, 2028, and covers the Crackingstone Project area [2] - The authorization allows Belmont to conduct various exploration activities, including drilling and geophysical surveys [1][2][8] Historical Context - The 2008 drilling program was successful, with all holes intersecting uranium mineralization, but exploration was halted due to the 2008 financial crisis [4][5] - Modern geophysical data supports the potential for significant mineralized corridors, warranting renewed drilling efforts [5][6] Project Preparation - Belmont is finalizing drill locations and preparing for the 2026 drilling program, including contractor selection and access route optimization [6][15] - Preparatory work involves integrating geological and geophysical data into the final drill layout [6] Mineralization Potential - The Crackingstone property has shown historic grab sample grades of up to 15.6% U₃O₈, with previous mining yielding 11 tons at an average grade of 2.3% U₃O₈ [10] - Three major mineralized corridors have been identified, totaling 10 kilometers in length, associated with high-grade uranium occurrences [10]
[Video Enhanced] West Red Lake Gold Advances High-grade Fork Deposit
Thenewswire· 2025-12-02 13:00
Core Insights - West Red Lake Gold Mines announced a fully funded 3,000-meter infill drilling program at the Fork Deposit, located 250 meters southwest of the Madsen Mine in the Red Lake Gold District, aimed at increasing near-term gold production [1][2][14] Company Developments - The mine-building team is focused on optimizing the Madsen Mine and developing high-grade satellite deposits, including the Rowan Deposit with an indicated resource of 195,746 ounces of gold at 12.78 g/t, projected to produce an average of 35,230 ounces annually over five years [2][14] - The Fork Deposit has an indicated resource of 20,900 ounces at 5.3 g/t gold, with an inferred resource of 49,500 ounces at 5.2 g/t gold, and is being re-envisioned as a high-grade near-mine resource expansion target [3][10] Drilling Program and Production Plans - The 3,000-meter drilling program aims to improve confidence in the Fork Deposit model, potentially leading to a mine design that could allow for mining operations to commence in the second half of 2026 [12][14] - The Madsen Mine currently hosts an indicated resource of 1.65 million ounces of gold at 7.4 g/t within 6.9 million tonnes, and an inferred resource of 0.37 million ounces at 6.3 g/t within 1.8 million tonnes [14] Strategic Vision - The company is pursuing a hub-and-spoke growth model at Madsen, with simultaneous surface drilling programs at Fork and Rowan to evaluate additional high-grade gold opportunities within the Red Lake district [14] - The focus on the Fork Deposit is driven by its shallow nature, high grades, and proximity to existing underground development, which could enhance the overall production pipeline at Madsen [6][10]
South Atlantic Gold Expands Pedra Branca Land Package with Two New Tenement Filings and Advances Magnetic Inversion & Structural Targeting
Thenewswire· 2025-12-02 13:00
Core Insights - South Atlantic Gold Inc. has filed two new mineral exploration tenement applications in Ceará State, Brazil, expanding its Pedra Branca land package to over 52,000 hectares [1][2] - The new applications cover approximately 3,970 hectares and are strategically located along priority magnetic and structural features [1][2] - The company is advancing its technical analysis, including magnetic inversion and structural interpretation, to identify priority drill targets [2][5] Technical Progress - 3D susceptibility models from UAV magnetic surveys have been completed, revealing NE-trending structures consistent with shear-related mineralization models [5] - Reduction-to-pole (RTP) processing has improved source localization, highlighting anomalies in underexplored northern blocks [5] - Initial inversion of government TMI/RTP data has been completed, with higher-resolution inversion pending [5] Regional Context - The new tenements include 1,978 hectares across Pedra Branca, Independência, and Boa Viagem municipalities, and 1,992 hectares in Pedra Branca municipality [5] - Regional structures appear to align with project-scale anomalies, reinforcing the broader exploration potential [5]
Amino Innovations Launches Wholesale Program to Bring Human Peptide Science to Clinics, Retailers., and Wellness Centers Nationwide
Thenewswire· 2025-12-02 13:00
Core Insights - Pangea Wellness Inc. has launched a U.S. wholesale and B2B distribution program through its subsidiary Amino Innovations, focusing on non-injectable peptide-based wellness products [1][2] Distribution Program Overview - The new distribution model aims to introduce advanced peptide formulations into professional environments that have traditionally used injectable therapies, offering alternatives like oral capsules, topical creams, and hair serums [2] - The program includes educational materials and mock packaging for clinics and retailers to promote Amino Innovations products, with all logistics and compliance managed by Amino Innovations [3] Target Markets - The wholesale program targets a variety of professional and retail environments, including integrative medicine clinics, wellness centers, sports medicine facilities, and pharmacies, enhancing accessibility to peptide products [4] Product Quality and Compliance - All peptide formulations are manufactured in cGMP certified facilities in the U.S. and are third-party tested, utilizing human endogenous peptides such as BPC-157 and GHK Cu [5] Company Background - Pangea Wellness Inc. specializes in clean-label foods and innovative wellness products, with Amino Innovations focusing on non-injectable peptide delivery systems that support recovery and overall health [6]
Stellar Africagold Updates Ongoing Exploration and Drilling Activities at the Tichka Est Gold Project, Morocco
Thenewswire· 2025-12-02 12:00
Drilling Program Progress - The drilling program at the Tichka Est Gold Project has completed 7 diamond drill holes totaling 1,218 meters, with an average drilling rate of 11 meters per day [4] - Minor delays were experienced due to wet weather, cementing of fractured zones, and mechanical issues [4] - Three drill holes have been fully assayed, with significant gold intersections reported, including 13 meters of 6.12 g/t Au and 2 meters of 22.28 g/t Au [4] - Three additional drill holes are currently being analyzed at an ISO-certified laboratory, and one drill hole is pending transport for analysis [4] - The current drilling program aims to complete a total of 1,500 meters [4] Geological Context - The drilling campaign targets Zone B, located at the intersection of two major fault systems, which is characterized by enhanced brittle deformation and hydrothermal fluid circulation [2] - This geological setting has localized gold-bearing quartz-carbonate-sulphide veins within fractured diorite sills [2][3] - Zone B is identified as a significant structural trap for gold mineralization due to its favorable geological conditions [3] Preliminary Observations - Field observations and core logging validate the drill targeting model, with visual identification of mineralization [7] - The geological rationale for continued drilling in Zone B is reinforced by these preliminary findings [7] Geological Interpretation and 3D Modelling - The company is updating its geological and structural model to incorporate new drilling data and historical datasets [7] - Structural interpretations suggest favorable settings for gold distribution, particularly where dioritic intrusions intersect ductile carbonate units [11] Next Steps - The company plans to integrate all drill assays and structural measurements, update lithological and alteration models, and prioritize targets for the next drilling campaign [17] - The CEO expressed optimism about the technical progress and the potential for expanding mineralized zones [12] About the Tichka Est Gold Project - The Tichka Est Gold Project covers an area of 82 km² in Morocco and is under an earn-in agreement allowing the company to earn an 85% interest after incurring exploration expenditures of US$2.39 million over three years [13] - Early-stage exploration has identified three gold-bearing zones, with additional metal anomalous zones warranting further exploration [14] Company Overview - Stellar AfricaGold Inc. is focused on precious metal exploration in North and West Africa, with active projects in Morocco and Côte d'Ivoire [16]
Metasphere Labs Announces Cancellation of Non-Brokered LIFE Offering
Thenewswire· 2025-12-02 00:00
Core Viewpoint - Metasphere Labs Inc. has decided to cancel its non-brokered private placement offering, known as the LIFE Offering, due to unfavorable market conditions [1][2]. Group 1: Offering Details - The LIFE Offering was initially announced on October 17, 2025, and had undergone amendments on November 4, 2025, and November 19, 2025 [2]. - The offering was intended to be conducted under the Listed Issuer Financing Offering as per National Instrument 45-106 [1]. Group 2: Future Plans - The Company is actively evaluating other potential financing opportunities and will provide updates as necessary [2]. Group 3: Company Overview - Metasphere Labs Inc. focuses on integrating blockchain technology into real-world applications, emphasizing environmental sustainability and social impact [3].
Uniserve Communications Corporation Appoints Gautam Lohia as Chairman of the Board
Thenewswire· 2025-12-01 22:20
Core Insights - Uniserve Communications Corporation has appointed Gautam Lohia as Chairman of the Board, effective immediately after the Annual General Meeting on November 24, 2025 [1] - Lohia's leadership is expected to guide Uniserve's transformation into a next-generation Digital Infrastructure Platform, moving away from a traditional ISP model [2][3] - The company is focusing on expanding its Managed Service Provider (MSP) footprint and integrated data center ecosystem, aligning itself with critical infrastructure providers [3] Leadership and Strategic Direction - Kwin Grauer, the Interim CEO, expressed confidence in Lohia's experience and strategic clarity, which will be crucial for Uniserve's next phase of execution and value creation [4] - Lohia highlighted Uniserve's unique position to capitalize on the growing demand for secure and reliable digital services across Canada, indicating a pivotal stage of growth for the company [4] Company Overview - Uniserve provides IT solutions, including Data Centre Solutions, Managed IT Services, and Business Internet, with operations in Vancouver, Calgary, and Waterloo [5] - The company aims to deliver secure, reliable, and scalable services to support client operations [6]