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Mercado Minerals Closes Private Placement and Welcomes Vizsla Silver as a Strategic Shareholder
Thenewswire· 2025-12-01 12:30
Core Viewpoint - Mercado Minerals Ltd. has successfully closed a non-brokered private placement financing, raising gross proceeds of C$5,598,000 through the issuance of 27,990,000 units at a price of C$0.20 per unit, with participation from Vizsla Silver Corp [1][2]. Group 1: Financing Details - The Offering consisted of 27,990,000 units, each unit comprising one common share and one half of a common share purchase warrant, with warrants exercisable at C$0.35 until November 28, 2028 [1][2]. - Finder's fees amounted to C$218,400 in cash, along with the issuance of 1,074,500 finder's warrants, also exercisable at C$0.35 until November 28, 2028 [3]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated towards exploration of the recently acquired properties Copalito and Zamora, acquisition costs, new project generation, investor relations programs, and general corporate working capital [4]. Group 3: Company Overview - Mercado Minerals Ltd. is engaged in acquiring and exploring mineral properties in the Americas, with a focus on the exploration and evaluation of the Porter Property in British Columbia [5].
Mithril Gives Exploration Update Including Channel Sample Results up to 4,520 g/t Silver, and 38.2 g/t Gold as Expansion of the District Continues at Copalquin, Mexico
Thenewswire· 2025-12-01 12:30
Core Insights - Mithril Silver and Gold Limited is advancing its exploration efforts at the Copalquin property in Durango State, Mexico, highlighting the potential of a large, district-scale epithermal gold-silver system [1][2][3] Exploration Update - The Copalquin property has shown exceptional scale and continuity, with high-grade results from multiple targets across a 9-kilometer area and over 1 kilometer of vertical extent [2][3] - Detailed studies of high-grade intercepts at Refugio West, Zaragoza, and Target 5 validate the presence of a large, vertically extensive epithermal system, supporting the company's exploration model [3][4] - A fully funded exploration program is planned for 2026, which includes 25,000 meters of drilling in the first six months [3] Resource Potential - The Copalquin district contains 100 historic underground gold-silver mines and workings, with a maiden JORC resource already established at Target 1 [4][5] - The district is recognized as a significant gold-silver area within the Sierra Madre Gold-Silver Trend, with ongoing exploration success indicating further resource potential [5][32] High-Grade Results - Recent channel sampling has yielded high-grade results, including: - 0.50 m at 16.8 g/t gold and 625 g/t silver at Target 1 West - 0.60 m at 38.3 g/t gold and 4,520 g/t silver at Target 5 [6][12][17] - The mineralized extent of the Copalquin system is confirmed to be over 1,200 meters vertically, with ongoing work identifying potential feeder zones [6][12] Target Areas - Target 1 is focused on expanding mineralization in the Refugio West area, while Target 5 continues to show promise with additional drilling and sampling [10][11] - Target 3 is drill-ready, with drilling set to commence in early January 2026, including several high-grade historic workings [6][12] Geological Insights - The Copalquin structure remains open down dip and along strike, with significant potential for further discoveries [14][32] - Ongoing petrographic work is confirming the district-scale model for the Copalquin epithermal system, enhancing the understanding of the geological framework [6][12]
Noble Plans a Diamond Drill Program in the Timmins Area
Thenewswire· 2025-12-01 12:30
Core Insights - Noble Mineral Exploration Inc. has signed a drill contract for 1000 meters in two holes located in Carnegie Township, Ontario, to further define geology and mineralization following previous drilling in 2022 [1][2] - An additional 1000 meters of drilling is scheduled for early 2026 in Southwest Carnegie Township due to swampy conditions [2] - The technical content of the release has been reviewed by an independent Qualified Person, ensuring compliance with National Instrument 43-101 standards [2] Company Overview - Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in various nickel and gold exploration properties, including a 20% interest in East Timmins Nickel Inc. and the Holdsworth gold exploration property [3] - The company holds mineral and exploration rights over approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec, with plans for option and joint venture exploration programs [3] - Specific projects include Project 81 in the Timmins-Cochrane area, which has diversified drill-ready targets for gold, nickel-cobalt, and base metals [4] Project Details - Project 81 encompasses around 18,000 hectares in Northern Ontario, with additional holdings in Thomas Township and a 20% interest in 38,700 hectares in the Timmins area [4] - Other properties include the Nagagami Carbonatite Complex, the Boulder Project, and various properties in Quebec focused on nickel, copper, PGM, uranium, and rare earth elements [4]
URZ3 Energy Welcomes Dr. Ivy Estabrooke to the Advisory Board
Thenewswire· 2025-12-01 12:30
Core Insights - URZ3 Energy Corp. has appointed Dr. Ivy V. Estabrooke to its Advisory Board, enhancing its strategic planning capabilities in the uranium sector [1][2] Company Overview - URZ3 Energy Corp. is focused on the acquisition and exploration of uranium properties in North America, aiming to meet the increasing demand for uranium as a clean energy resource [7] Advisory Board Appointment - Dr. Estabrooke brings a unique combination of national security experience, advanced technology leadership, and direct uranium-sector board experience, which aligns with URZ3's U.S.-focused uranium strategy [2] - The company has granted Dr. Estabrooke 100,000 incentive stock options at a price of $0.335 per common share, expiring on November 28, 2030, subject to regulatory acceptance [6] Dr. Ivy V. Estabrooke's Background - Dr. Estabrooke has extensive experience in technology development and deployment in national security and healthcare, and has served on various boards, including Rare Earths Americas and Energy Fuels Inc. [3][4] - She holds a PhD in neuroscience from Georgetown University, a master's in national resource management from the National Defense University, and a bachelor's in biological sciences from Smith College [5]
CHARBONE Confirms its First Hydrogen Production in Sorel-Tracy
Thenewswire· 2025-12-01 12:25
Core Insights - CHARBONE CORPORATION has successfully completed the equipment installation for Phase 1A at its Sorel-Tracy site and has produced its first hydrogen molecule, marking a significant milestone for the company [1][2][3] Company Overview - CHARBONE is a North American producer and distributor specializing in clean Ultra High Purity (UHP) hydrogen and strategic industrial gases, with a focus on developing a network of clean hydrogen production facilities across North America [4] - The company aims to support the global transition to a lower-carbon economy by providing accessible, decentralized clean hydrogen and specialty gas solutions [4] Production Milestones - The first hydrogen production tests conducted by CHARBONE's technical teams confirmed that the system is functioning properly and validated the initial performance parameters [2][3] - The modular plant in Sorel-Tracy is the first local and decentralized clean UHP hydrogen production facility in Quebec, aligning with CHARBONE's vision for an integrated North American network [3] Strategic Vision - CHARBONE's integrated model reduces risk, enhances scalability, and enables diversified revenue streams through partnerships in helium and other specialty gases [4] - The company has a five-phase roadmap for its projects, with the Sorel-Tracy project being the flagship initiative [3]
BacTech Environmental Corp. Announces Appointment of Brett Whalen to Board of Directors
Thenewswire· 2025-12-01 12:00
Core Viewpoint - BacTech Environmental Corporation has appointed Brett Whalen to its Board of Directors, succeeding his late father, Don Whalen, who was a significant supporter of the company [1][4]. Group 1: Leadership Changes - Brett Whalen has been an active supporter, funder, and advisor to BacTech for several years and has recently become the company's largest shareholder after converting $1.82 million in debt into common shares and warrants [2][10]. - As part of the debt conversion, BacTech issued 19.5 million common shares and 19.5 million common share purchase warrants [2][10]. - Brett Whalen now controls 26,640,720 common shares, representing approximately 11.18% of the company's issued and outstanding shares [3][11]. Group 2: Company Operations and Technology - BacTech Environmental utilizes naturally occurring bacteria to safely treat and stabilize toxic mining materials while recovering valuable metals [6][14]. - The company's patented bio-oxidation technology, BacOx, offers a cleaner and more sustainable alternative to traditional smelting and roasting, eliminating arsenic emissions [6][14]. - BacTech is advancing its flagship bioleach processing facility in Tenguel, Ecuador, designed for 100% arsenic stabilization and zero liquid discharge, with a production capacity of up to 35,000 ounces of gold per year in Phase 1, and plans for modular expansion to over 100,000 ounces per year [7][15]. - The company is also developing a patent-pending Zero-Waste/Tailings Reclamation technology aimed at converting sulfide tailings into saleable iron, critical metals, and ammonium-sulfate fertilizer for global markets [7][15].
Armory Mining Provides Update on the Candela II Lithium Brine Project, Incahuasi Salar, Argentina
Thenewswire· 2025-12-01 08:05
Core Insights - Armory Mining Corp. is advancing its Candela II lithium brine project in Argentina, focusing on minerals critical to energy, security, and defense sectors [1][6] - The company plans to conduct a scoping study to assess the technical viability and economic potential of the Candela II project, which has an inferred resource of 457,000 tonnes of lithium carbonate in-situ [2][3] Project Development - The scoping study aims to provide preliminary estimates of production potential, resource expansion, capital and operating costs, and will also evaluate environmental impacts and regulatory requirements [3] - The current market price for lithium carbonate is $13,401 per ton for 99.5% battery grade as of November 17, 2025 [2] Location and Competition - The Candela II project is situated in the 'Lithium Triangle' of South America, near major players like Ganfeng Lithium, Rio Tinto, and Power Minerals [4] - Ganfeng Lithium, the largest producer of battery-grade lithium in China, holds an adjacent concession and a production well approximately 9.8 km from Candela II [4]
Electrum Discovery Provides Operational Update, Exploration Footprint Expanding
Thenewswire· 2025-12-01 07:00
Core Insights - Electrum Discovery Corp. is advancing exploration activities at its copper-gold Timok East and gold-silver Novo Tlamino projects in Serbia, with significant geophysical surveys and drilling planned for 2026 [1][2][4] Group 1: Timok East Project - The Timok East Project is located within the Western Tethyan Belt, adjacent to world-class porphyry Cu-Au deposits, and has identified multiple geophysical and geochemical anomalous zones [2][4] - A second phase of the Audio-Magnetotelluric (AMT) survey is underway, with 41 measuring stations planned over an area of 5 x 2.5 kilometers, aimed at refining the subsurface resistivity model [3][4] - The exploration footprint of the Timok East project has expanded to 210 square kilometers following the granting of a new exploration license, Rgotna [4][12] Group 2: Novo Tlamino Project - The Novo Tlamino Project hosts the Barje gold-silver deposit, which contains an inferred resource of 7.1 million tonnes grading 2.5 g/t Au and 38 g/t Ag, equating to approximately 670,000 ounces of gold equivalent [13][16] - A ground magnetic survey of approximately 90 line-kilometers has commenced over the Barje deposit to refine geological models and assist in drill targeting [16][18] - An infill drilling program of approximately 3,200 meters is planned to upgrade the resource category, along with an additional 1,000 meters of step-out drilling to test potential extensions of mineralization [18][17]
Ironman Announces Grant of Options and RSUS and Provides Message from CEO
Thenewswire· 2025-11-29 01:40
Core Points - Ironman International Ltd. has granted a total of 5,155,000 stock options to directors, officers, employees, and consultants, each exercisable at $0.10 for three years, with immediate vesting [1] - The company has issued 1,100,000 restricted share units (RSUs) to a consultant, which will vest one year from the grant date [2] - The acquisition of 1097195 B.C. Ltd. and Ironman Directional Drilling US Inc. is seen as a significant step in strengthening the operational platform and advancing growth strategy [3][4] - The CEO emphasizes the unique competitive advantage provided by the combination of a scalable public company platform and over 25 years of private-sector operational expertise [5] - The company aims for relentless execution, bold innovation, disciplined expansion, and a focus on building enduring shareholder value [7] - The CFO highlights that the acquisition strengthens the capital base, expands market reach, and positions the company for sustainable long-term growth [8] Company Strategy - The acquisition is described as a decisive turning point for the company, marking a refreshed vision and a motivated leadership team [4][5] - The company is committed to transparent disclosure, strong governance standards, and protecting shareholder interests [8] - The leadership team is characterized by determination, creativity, accountability, and pride in their work, which differentiates the company in the industry [6] Future Outlook - The company expresses confidence in its ability to adapt quickly to market shifts, regulatory changes, and major project opportunities [5] - The leadership team is focused on executing the growth strategy and enhancing shareholder value [7]
Kirkstone Metals Provides Further Corporate Update
Thenewswire· 2025-11-29 00:45
Core Points - Kirkstone Metals Corp. is addressing ongoing promotional activities related to the company that are not endorsed by it, clarifying that it has not engaged any third-party service providers for such promotions [1][2] - The promotions reference historical mineral reserves and exploration results from adjacent properties, but the company emphasizes that no current mineral resources have been identified on its projects and that historical results are not indicative of future outcomes [2] - The company is evaluating a potential secondary listing on the Hong Kong Stock Exchange and the Tokyo Stock Exchange, but no final decision has been made, and the process is subject to regulatory review and compliance with listing standards [3] Company Overview - Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium assets that support the global transition to clean, reliable, and secure energy [4]