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Terra Clean Energy Corp. Enters into Definitive Agreements to Acquire Uranium Claims on the San Rafael Swell, Utah, United States
Thenewswire· 2025-09-24 12:30
Core Viewpoint - Terra Clean Energy Corp has entered into definitive agreements to acquire up to a 100% interest in the Wheel Anne Claims and the Green Vein Mesa Claims located in Emery County, Utah, demonstrating the company's commitment to expanding its portfolio of low-risk uranium assets [1][2]. Acquisition Details - For the Wheel Anne Claims, the company will make cash payments totaling USD$260,000, issue 2,500,000 common shares, and incur exploration expenditures of USD$200,000 over five years to earn a 100% interest [3]. - The Green Vein Mesa Claims will require cash payments of USD$136,667, issuance of 1,250,000 common shares, and exploration expenditures of USD$66,667 over five years to earn a 100% interest [5]. Royalty Agreements - The vendors of the Wheel Anne Claims will retain a 2% net royalty, with Terra Clean having the option to purchase 50% of this royalty for USD$666,666 [3]. - Similarly, the vendors of the Green Vein Mesa Claims will retain a 2% net royalty, with Terra Clean having the option to purchase 50% of this royalty for USD$333,334 [5]. Regulatory Approvals - The agreements are subject to the receipt of all regulatory approvals, including those from the Canadian Securities Exchange, with the "Effective Date" being the date all such approvals are received [6]. Marketing Initiatives - Terra Clean has engaged Green Crescent Capital for marketing services, with a one-time fee of USD$5,000 for a one-month term [8]. - The company has also contracted OTCWagon for a 38-day market awareness program, with a fee of C$7,500 [9]. Company Overview - Terra Clean Energy is a Canadian-based uranium exploration and development company, currently developing the South Falcon East uranium project in Saskatchewan and past-producing uranium mines in Emery County, Utah [10].
Pinnacle Delineates New Vein at El Potrero as Robust Epithermal System Takes Shape
Thenewswire· 2025-09-24 12:30
Core Viewpoint - Pinnacle Silver and Gold Corp. has identified a robust low sulphidation epithermal system at the Potrero project in Durango, Mexico, with significant gold-silver mineralization extending from underground to surface, particularly at the El Capulin vein, which is approximately 200 meters southwest of the Dos de Mayo vein [1][2][3]. Group 1: Mineralization and Sampling Results - Surface mapping and sampling have revealed high-grade gold-silver mineralization over a vertical distance of up to 80 meters, with notable grades of 2,280 g/t Ag and 1,444 g/t Ag at surface [2][3]. - The El Capulin vein has been traced for approximately 375 meters along strike, with grades reaching up to 6.27 g/t Au and 99 g/t Ag, indicating strong continuity of mineralization [3][6]. - The vertical extension of mineralization suggests potential for further discoveries, with mineralization possibly extending downwards to the 1500 masl level seen at Dos de Mayo [6][7]. Group 2: Project Potential and Infrastructure - The Potrero project is located in the Sierra Madre Occidental, near several operating mines, enhancing its strategic value [15][16]. - The property has significant exploration potential as it has not been systematically explored by modern methods for nearly 40 years [16]. - A previously operational 100 tpd plant on site can be refurbished for near-term production, with existing infrastructure such as road access and power lines within proximity [17][18]. Group 3: Company Strategy and Ownership - Pinnacle aims to earn an initial 50% interest in the project upon commencing production, with plans to generate cash flow for further development and increase ownership to 100% [18][20]. - The company is focused on developing precious metals projects in the Americas, with a commitment to building long-term, sustainable value for shareholders [20].
Western Star Signs Letter of Intent to Acquire Real American Corp, Advancing U.S. Critical Minerals Strategy
Thenewswire· 2025-09-24 12:00
Core Viewpoint - Western Star Resources Inc. has entered into a Letter of Intent to acquire The Real American Corp, enhancing its position in the critical mineral sector, particularly tungsten, which is vital for U.S. national security [1][2][3] Company Overview - Western Star is focused on building a domestic portfolio of critical mineral assets while advancing its flagship gold and silver project in Canada [4] - The company aims to align its operations with U.S. government priorities to secure domestic supplies of essential minerals for defense, energy, and advanced manufacturing [4] Acquisition Details - The acquisition of The Real American Corp is part of Western Star's U.S. expansion strategy and is expected to provide cornerstone assets in Nevada, thereby strengthening its role in advancing America's resource independence [2][3] - The Real American Corp holds high-grade tungsten projects with grades up to 5.12% WO, significantly higher than the North American average of approximately 0.3% WO₃ [5] Strategic Importance of Tungsten - Tungsten is classified as a critical mineral by the U.S. Department of Defense, Department of Energy, and U.S. Geological Survey, with the U.S. currently having no domestic commercial production and relying heavily on imports, particularly from China, which controls about 85% of the global supply [5] - The acquisition aligns with recent U.S. Executive Orders that prioritize fast-tracking domestic tungsten projects, with potential federal grants and defense-sector support available for qualifying assets [5] Exploration Potential - The properties acquired are road accessible, past-producing, and located in Nevada's Tobin and Sonoma Range, near the historic Springer Tungsten Mine, presenting a brownfield advantage [5] - The projects have proven mineralization but remain largely under-explored, with modern exploration techniques offering significant potential to expand resources [5]
SuperQ Quantum Releases Post-Quantum Cryptography (PQC) AI for Cryptocurrencies and Web-Based Systems as Part of Super PQC Module
Thenewswire· 2025-09-24 12:00
Core Insights - SuperQ Quantum Computing Inc. has launched Super™ PQC Analyst, the first component of its upcoming Super™ PQC Module, aimed at assessing post-quantum readiness of various infrastructures [1][3] - The urgency for quantum-safe solutions is emphasized, with warnings from industry leaders about the imminent risks posed by quantum computing to current cryptographic systems [2][3] - The global cybersecurity market is projected to grow significantly, with quantum-safe upgrades being a rapidly expanding segment, while the cryptocurrency market is also expected to see substantial growth [3] Company Overview - SuperQ Quantum is positioned as a leader in quantum and supercomputing, aiming to provide solutions that deliver direct ROI for global organizations [7][8] - The company is expanding its network of Super™ Hubs and collaborations with universities to validate and scale its solutions globally [6] Product Features - Super™ PQC Analyst includes a deep analysis engine that scans for quantum vulnerabilities and provides readiness scoring against established guidelines [5] - The product offers a mitigation strategy generator that recommends specific upgrades and pathways for implementation through SuperQ's professional services [5] Market Context - The global cybersecurity spending is forecasted to reach USD $272 billion in 2025 and exceed USD $500 billion by 2030, with quantum-safe upgrades being a key growth area [3] - The cryptocurrency market cap is currently USD $3.9 trillion and is projected to grow to USD $25 trillion by 2030, driven by a significant increase in users and transaction volumes [3]
Adamera Provides an Update on Four Gold Projects
Thenewswire· 2025-09-24 11:30
Core Viewpoint - Adamera Minerals Corp. has focused on grassroots exploration in Washington State and British Columbia, identifying multiple drill-ready targets in established gold districts, despite funding limitations affecting drilling follow-up [1]. Group 1: South Hedley Property - The South Hedley Property spans 18,714 hectares and is located in a historically significant mining area known for high-grade skarn-hosted gold deposits, with past production exceeding 2.5 million ounces of gold [2]. - Recent field campaigns have uncovered new gold occurrences and structural trends, indicating significant exploration potential [3]. Group 2: Max and Glix Prospects - The Max Prospect was identified through a reconnaissance soil sample showing 1,340 ppb gold, leading to the discovery of a zone with high levels of gold, copper, and arsenic [4]. - The Glix Prospect, located 15 km from Max, has shown soil samples with gold values ranging from 100 to 4,282 ppb, indicating a high-priority exploration target [5][6]. Group 3: Flag Hill and Flag Hill South Properties - The Flag Hill and Flag Hill South properties are part of a larger epithermal gold-silver vein system, with past production in the area exceeding 2.8 million ounces of gold and 15 million ounces of silver [7]. - Drilling in late 2024 at Flag Hill South intersected epithermal veins with grades of 3.0 g/t gold and 70 g/t silver over 2-meter intervals, suggesting increasing vein thickness and grades with depth [8]. Group 4: Empire Creek Property - The Empire Creek Property is situated near historic mines and has shown potential for high-grade epithermal gold mineralization, with historic drilling intercepting 10.5 g/t gold and 183.3 g/t silver over 15.24 meters [9][10]. Group 5: Buckhorn 2.0 Property - The Buckhorn 2.0 Property surrounds the former Buckhorn Mine and has a large database indicating multiple exploration targets, with only 4 out of 40 targets tested so far [11][12].
Hi-View Completes Borealis Property Acquisition
Thenewswire· 2025-09-24 11:30
Core Viewpoint - Hi-View Resources Inc. has successfully completed the acquisition of the Borealis Project, significantly expanding its land portfolio in British Columbia [1][3]. Acquisition Details - The Borealis Project was acquired from Coast Copper Corp. under an asset purchase agreement dated August 27, 2025, for a total consideration of $500,000 in cash, 3,500,000 common shares, and a 3% NSR royalty, with options to repurchase portions of the royalty [1][11]. - The acquisition increases the company's land package by 9,106 hectares, nearly doubling its fully owned portfolio without any work commitments [3]. Geological Insights - The Borealis Project includes several areas of interest, such as Cas, Bren, and Firesteel, each showing promising mineralization potential. - In the Cas area, historical surveys indicated strong IP chargeability highs and sporadic copper and gold anomalies, with soil samples showing up to 138 ppm Cu and 970 ppb Au [3]. - The Bren area hosts Ag-rich polymetallic veins, with drilling results reporting up to 349.7 g/t Ag and 0.68 g/t Au over 0.09 m [4]. - The Firesteel area features mineralization in a replacement/skarn setting, with reported chip intervals of 11.5% Zn and 54.0 g/t Ag over 4.8 m [6]. Future Plans - The company has initiated an airborne survey across the new holdings and plans to apply for permits for an IP survey, aiming to advance to a drill program to test identified targets [3]. Company Overview - Hi-View Resources Inc. is focused on mineral exploration targeting gold, silver, and copper in the Toodoggone region of northern British Columbia, with a total land area of over 18,855 hectares [10]. - The company also has additional properties under option, indicating a robust exploration strategy [10].
Rackla Metals is pleased to provide an update on warrant exercises and property holdings in the NWT
Thenewswire· 2025-09-24 11:00
Core Points - Rackla Metals Inc. announced the exercise of over 11 million warrants at $0.40 per share, generating proceeds of just over $4.4 million [1] - The company is awaiting drill results from the initial three holes at the Grad Project, expected after September 20 [2] - Rackla has expanded its land position in the Tombstone Gold Belt, increasing its claims significantly [3][4] Company Developments - The company staked an additional 15 mineral claims, expanding its landholdings from 7,525 hectares to 23,175 hectares [4] - The Grad property was expanded from 5,525 hectares to 8,625 hectares, and the Ogre Property from 2,000 hectares to 5,750 hectares [4] - The Lened property, which has a historic tungsten skarn resource estimated at 0.9 million tonnes grading 1.0% WO3, was also included in the expansion [3][4] Community Engagement - Rackla is committed to maintaining respectful relationships with the Sahtu Dene and Métis communities as it advances exploration activities [6]
Prismo Metals Receives High Ag and Cu Samples at Silver King with Multiple Overlimit Assays Pending.
Thenewswire· 2025-09-24 07:30
Vancouver, British Columbia, September 24th, 2025 – TheNewswire - Prismo Metals Inc. (the “Company”) (CSE: PRIZ) (OTCQB: PMOMF) is pleased to report that it has received preliminary assay results for the first batch of twenty-three samples taken at its Silver King project located in Arizona. This assay data highlights the different types of mineralization identified in the Company’s news releases of August 28th and September 15th, 2025 (Figure 1).“These assay results confirm the exploration potential at th ...
Universal Ibogaine Announces Board Changes
Thenewswire· 2025-09-23 21:20
Group 1 - Universal Ibogaine Inc. has undergone a transition in its Board of Directors, with several members resigning to strengthen the company's foundation for future growth [1][2] - The current Board members include Eric Hrimech, Nia Killebrew, Tony Wagner, James Duncan, and Nick Karos, as the company prepares to submit its clinical trial application to Health Canada by the end of November 2025 [2] - The company aims to transform addiction treatment through medicalized ibogaine, focusing on opioid use disorder, and plans to develop a holistic addiction treatment protocol at its Kelburn Recovery Centre [4] Group 2 - Universal Ibogaine Inc. is positioned as a life sciences company with a mission to revolutionize addiction treatment and improve the lives of individuals and families affected by addiction [4] - The company is planning future licensing agreements to utilize its treatment protocol globally, indicating a strategic approach to expand its market reach [4]
Westward Gold Announces $5M Non-Brokered Private Placement Financing, with $2.5M Lead Order from New Cornerstone Investor & $1M from Current Strategic Investor Crescat Capital LLC
Thenewswire· 2025-09-23 21:10
Core Viewpoint - Westward Gold Inc. is initiating a non-brokered private placement to raise approximately C$5,000,000 through the sale of up to 45,454,545 units at C$0.11 per unit, which will support its drilling program and general working capital [1][3]. Group 1: Offering Details - The Offering consists of units priced at C$0.11 each, with each unit comprising one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at C$0.15 for 24 months post-closing [1]. - The Offering is subject to regulatory approvals and will have a hold period of four months and one day for the issued securities [3]. Group 2: Major Shareholders - Concept Capital Management Ltd. will subscribe for 22,727,272 units, contributing approximately C$2,500,000 [2]. - Crescat Capital LLC will subscribe for 9,090,909 units, contributing approximately C$1,000,000 [2]. Group 3: Use of Proceeds - Net proceeds will primarily fund an expanded drilling program at the Toiyabe Hills Property in Nevada, which includes a 5,000-meter drilling program across up to 10 holes [3]. - Additional funds will be allocated for general working capital purposes [3]. Group 4: Insider Participation - Certain insiders intend to acquire units in the Offering, which will be classified as a related party transaction [5]. - This participation is expected to be exempt from formal valuation and minority shareholder approval requirements due to the size of the transaction relative to the company's market capitalization [5]. Group 5: Company Overview - Westward Gold is focused on mineral exploration, particularly the Toiyabe Hills Project in Nevada, along with other projects in the region [7].