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URZ3 Energy Initiates Exploration at Dry Fork Uranium Project (Wyoming)
Thenewswire· 2025-09-29 11:30
Core Insights - URZ3 Energy Corp. has initiated an exploration program at its Dry Fork Uranium Project in Wyoming, strategically located near significant uranium production areas [1][4] - The program aims to assess the potential for in-situ recovery (ISR) uranium and identify priority areas for exploration drilling [2][3] Exploration Program Details - The first phase will focus on known water springs to sample for uranium, while the second phase will utilize hand-held spectrometers to locate additional uranium-bearing springs and surface seeps [3] - A systematic ground grid will be employed during the spectrometer survey to refine exploration targets and guide future drilling plans [3] Strategic Importance - The Dry Fork program is seen as a critical step in advancing URZ3's uranium assets, with a focus on hydrogeological indicators to prioritize drill targets [4] - The company anticipates growth opportunities in Wyoming and the southwestern U.S. due to U.S. governmental incentives for uranium exploration and production [4] Government Support and Market Context - U.S. Secretary of Energy highlighted the need to strengthen the strategic uranium reserve to reduce foreign reliance and support nuclear energy growth [4] - The Strategic Uranium Reserve program has led to government purchases of one million pounds of U₃O₈ at prices above market levels, indicating federal commitment to domestic supply [4] Company Overview - URZ3 Energy Corp. is focused on uranium exploration in proven districts in the U.S., aiming to develop ISR-amenable uranium resources to meet the demand for clean nuclear energy [6]
Prismo Metals Receives High Silver and Copper Assays at Silver King
Thenewswire· 2025-09-29 07:30
Core Insights - Prismo Metals Inc. has announced expanded drilling plans at the Silver King project in Arizona following the receipt of final assay results, which indicate high-grade mineralization in both silver and copper [1][2][23]. Summary by Category Assay Results - The final assay results include significant overlimit values: 757 g/t Ag, 1.5% Cu, 6.7% Pb, and 11.5% Zn from a newly discovered polymetallic vein, and 619 g/t Ag and 511 g/t Ag from samples taken at the Silver King shaft area [1][2]. - Overlimit copper assays ranged from 1.11% to 2.43% for three samples from the replacement mineralization area, indicating promising mineralization potential [2]. Geological Insights - The Silver King project features a newly described polymetallic vein and a copper vein, with geological mapping indicating various types of mineralization [4][7]. - The Silver King mine is strategically located 3 km from the Resolution Copper deposit, which is one of the largest unmined copper deposits globally, with an estimated resource of 1.787 billion metric tonnes at an average grade of 1.5% copper [23]. Drilling Plans - Initially, a drill program of about 1,000 meters was planned to test the upper half of the Silver King mineralized body and adjacent areas [8]. - Following recent discoveries, the company plans to add a second phase of drilling for an additional 1,000 meters, focusing on newly identified targets, including the polymetallic and copper veins [9][13]. Historical Context - The Silver King mine has a rich history, having produced nearly 6 million ounces of silver at grades up to 61 oz/t, with recent small-scale production samples returning grades as high as 644 oz/t silver [23]. Company Overview - Prismo Metals Inc. is focused on advancing its Silver King, Ripsey, and Hot Breccia projects in Arizona, as well as its Palos Verdes silver project in Mexico [24].
Newlox Gold Announces Final Closing of Oversubscribed Private Placement
Thenewswire· 2025-09-29 00:10
CSE: LUXFrankfurt/Stuttgart: NGOPink: NWLXFSeptember 29, 2025 – TheNewswire - Vancouver, British Columbia – Newlox Gold Ventures Corp, (“Newlox” or the “Company”) is pleased to announce that further to its press release of July 22, 29 and 31, 2025, it has closed the final tranche of the private placement which was oversubscribed by $793,219.88. An aggregate of 8,884,284, units (“Units”) at a price of $0.07 per Unit for gross proceeds of $621,899.8 (the “Offering”) was issued on September 26, 2025. Each U ...
GOAT Industries Announces Entering Into Of Definitive Agreement To Acquire Gambling Platform
Thenewswire· 2025-09-26 21:15
Core Viewpoint - GOAT Industries Ltd. has entered into a binding share exchange agreement to acquire 1509467 B.C. Ltd. and is negotiating a similar agreement with Veroom, Inc., focusing on the global sports betting market, particularly in North America [1][2][6] Group 1: Transaction Details - The acquisition of 1509 will involve the issuance of 54,322,500 common shares at a deemed price of $0.21 per share, totaling an aggregate purchase price of $11,407,725 [4][6] - 46,822,500 of the shares will be subject to a voluntary escrow with performance milestones tied to revenue targets of $10 million and $20 million [4][5] - The transaction is contingent upon regulatory approvals, completion of the Vroom transaction, shareholder approval, and an equity financing of $2 million to $6 million [6][7] Group 2: Business Focus of Targets - The Targets, 1509 and Vroom, operate in the global sports betting market, leveraging technologies and licenses that provide competitive advantages to casinos and sportsbooks through AI and content recognition [2][3] - 1509 holds technologies and US licenses that enhance the marketing and advertising capabilities of casinos and sportsbooks [2] Group 3: Regulatory and Approval Process - The transaction will require shareholder approval due to the issuance of more than 100% of the current outstanding shares, and the company will provide financial statements for the Targets to shareholders [7] - The completion of the transaction will trigger a business acquisition report under National Instrument 51-102 [7]
First Tellurium Responds to OTC Markets Request on Recent Promotional Activity
Thenewswire· 2025-09-26 21:00
Core Viewpoint - First Tellurium Corp. has been requested by OTC Markets Group to address recent promotional activities related to its common shares traded on the OTCQB market [1] Group 1: Promotional Activities - OTC Markets informed the Company about promotional activities, including digital marketing materials distributed by Small Cap Canada, which highlighted the Company's tellurium-based technologies and target markets [2] - The Company engaged Hillside Consulting and Media Inc. for marketing services from September 22 to 26, 2025, paying $20,000 plus taxes for digital marketing services, including SEO and content creation [3] - The marketing materials were reviewed by management prior to dissemination, and the Company believes no statements were materially false or misleading [4] Group 2: Trading Volume and Investor Interest - The Company noted that promotional activities coincided with an increase in trading volume, but it attributes the initial increase to press releases issued on September 4 and September 18, 2025 [5] - The Company does not have an opinion on whether the promotional activity was a significant cause of further increases in trading volume, as multiple factors influence trading [5] Group 3: Insider Transactions and Compliance - An internal inquiry revealed that only Tyrone Docherty, the President and CEO, purchased 650,000 shares in the past 90 days, with all insider transactions publicly disclosed as per Canadian regulations [6] - The Company has engaged various third-party service providers for marketing and promotional services over the last twelve months, including Hillside Consulting and Media Inc. [7] Group 4: Securities Issuance - The Company has not issued shares or convertible securities at a discount to market prices, complying with applicable regulations [8][9] Group 5: Business Model - First Tellurium's business model focuses on generating revenue through mineral discovery, project development, and the development of tellurium-based technologies [10]
Vanguard Mining Begins Mobilization for 2025 Redonda Copper-Molybdenum Drill Program, British Columbia
Thenewswire· 2025-09-26 20:30
Core Viewpoint - Vanguard Mining Corp. has initiated mobilization for its 2025 diamond drill program at the Redonda Copper-Molybdenum Project, which is fully permitted and funded, aiming to explore significant mineralization potential in British Columbia [1][6]. Program Overview - The 2025 drill program will utilize targets identified from a previous airborne geophysical survey and recent drilling results, with notable intervals recorded up to 142.6 meters grading 0.279% Cu and 0.0281% Mo [2][5]. - Vanguard has contracted Paradigm Drilling Ltd. to conduct the drilling using a Boyles B-15 hydraulic drill capable of reaching depths greater than 600 meters [3][10]. - The program includes up to 10 permitted drill sites, focusing on deeper drilling below 500 meters and detailed geological mapping of brecciation trends [7][10]. Collaboration and Community Engagement - The company will collaborate closely with the Klahoose First Nation for labor and logistics support throughout the drilling campaign [4][10]. Geological Context and Potential - The Redonda Project is situated in a geologically favorable area, with mineralization interpreted to extend north and south, and potential extensions identified along an old road system approximately 1 kilometer to the northwest [7][10]. - The geological setting shares characteristics with nearby porphyry systems, indicating a district-scale magmatic-hydrothermal potential [18]. Data and Methodology - Drill hole locations are selected based on historical datasets and results from a late-2024 airborne geophysical survey, which identified strong correlations with geological domains [11]. - Core samples will be analyzed at an ISO/IEC 17025-accredited laboratory, ensuring adherence to industry-standard protocols for quality assurance and control [12].
Candelaria Provides Update on MCTO
Thenewswire· 2025-09-26 20:15
Core Viewpoint - Candelaria Mining Corp. is currently under a management cease trade order (MCTO) due to delays in filing its audited annual financial statements for the year ended April 30, 2025, which were not submitted by the required deadline of August 28, 2025 [1][2]. Group 1 - The delay in filing the Annual Financial Filings is attributed to the auditors needing additional time to complete their audit and challenges related to updating the Company's accounts following the sale of certain Mexican subsidiaries [2]. - The Company is actively working to complete the Annual Financial Filings and anticipates filing them on or before October 3, 2025 [3]. - During the period of non-compliance, the MCTO will remain in effect, and the Company will issue bi-weekly default status reports as required [4]. Group 2 - The Company has confirmed that there have been no material business developments or other significant information regarding its affairs that have not been disclosed as of the date of the news release [4].
Angkor Resources Announces Grant Stock Options
Thenewswire· 2025-09-26 19:50
Group 1: Stock Options Grant - The Board of Directors has granted a total of 4,775,000 stock options to Directors, Officers, and consultants at a price of $0.255 per share [1] - 2,600,000 options issued to Directors and Officers will expire in 3 years, while the remaining 2,175,000 options have terms of either 2 or 1 year, contingent on the optionees continuing as consultants [1] Group 2: Marketing Campaign - The Company has contracted King Tide Media LLC for a one-month awareness campaign at a cost of US $35,000, starting September 22, 2025 [3] - King Tide's services include digital marketing and content creation, and the relationship between the Company and King Tide is arm's-length, with no securities issued as compensation [3] Group 3: Company Overview - ANGKOR Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia and Canada [4] - The Company's mineral subsidiary, Angkor Gold Corp., holds two mineral exploration licenses in Cambodia, while its energy subsidiary, EnerCam Resources, is exploring onshore Block VIII in Cambodia [4] - Since 2022, Angkor's Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Saskatchewan, Canada [4]
Majestic Gold Announces Resumption of Operations at DGZ Mine
Thenewswire· 2025-09-26 18:20
Vancouver, British Columbia – September 26, 2025 – TheNewswire - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) is pleased to announce that operations at its Denggezhuang Underground Mine (the “DGZ Mine”) in Muping District, Yantai City, Shandong Province, have resumed following regulatory approval.As disclosed in Majestic’s news release dated July 28, 2025, production at the DGZ Mine was suspended after a workplace accident that resulted in a fatality. The Emergency Management ...
[Video Enhanced] Argenta Silver Step-out Hole Hits High-Grade Silver as Atenea Exploration Target Comes into Focus
Thenewswire· 2025-09-26 18:15
Core Insights - Argenta Silver reported promising assay results from its El Quevar Project, indicating the continuity of the Yaxtché Deposit and the discovery of a new target named Atenea [4][5][7] Company Overview - Argenta Silver, a relatively new company established 10 months ago, has a market capitalization of CAD $240 million and has seen its share price increase by 460% since trading began [2][3] - The company was acquired for USD 3.5 million in October 2024, following the previous operator's asset sales due to liquidity issues [2] Recent Developments - The latest assay results from September 23, 2025, show significant silver grades, including 545 g/t over 43.20 meters in drill hole QVD-414, and 314 g/t over 2.00 meters in the new Atenea target [5][7] - The ongoing drilling program aims to expand the known resource and explore new areas, with 40% of capital allocated for resource expansion and 60% for aggressive exploration [9] Market Context - The silver market has been in a deficit for four consecutive years, with an annual shortfall of approximately 240 million ounces, contributing to rising silver prices [11][12] - Global silver inventories are at multi-year lows, creating a supply-demand imbalance that supports higher silver prices [12] Resource Estimates - The foundational Mineral Resource Estimate of the Yaxtché deposit includes an indicated resource of 45.3 million ounces of silver at a grade of 482 g/t and an inferred resource of 4.1 million ounces at 417 g/t [14]