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VanadiumCorp Files for Conditional Approval of $1.4 Million Private Placement Financing, Closes First Tranche
Thenewswire· 2025-11-13 13:50
Core Viewpoint - VanadiumCorp Resource Inc. is seeking conditional approval for a private placement financing to raise up to $1.4 million through the issuance of flow-through and non-flow-through units, aimed at funding exploration activities and qualifying for tax credits related to critical minerals [1][2][4]. Financing Details - The financing consists of up to 2,333,333 flow-through units at $0.30 each, and up to 2,800,000 non-flow-through units at $0.25 each, with total gross proceeds expected to reach $1.4 million [2]. - The first tranche of the financing aims to raise $700,000 by issuing 2,333,333 flow-through units [3]. Use of Proceeds - Proceeds from the sale of flow-through units will be used to incur eligible Canadian exploration expenses, specifically targeting critical minerals, including vanadium, by December 31, 2026 [4]. - The company has obtained the necessary tax credit certification to ensure that the expenditures qualify as flow-through critical mineral mining expenditures [4]. Company Overview - VanadiumCorp Resource Inc. is focused on developing vanadium-rich assets in Quebec, with its flagship project being the Lac Doré Vanadium Project, which is noted for high-purity vanadium suitable for energy storage applications [6]. - The company has established an electrolyte pilot plant in Val-des-Sources, Québec, to test vanadium materials and support future commercial production of vanadium electrolyte for vanadium redox flow batteries (VRFBs) [6]. - With vanadium and titanium classified as critical minerals in Canada and the U.S., the company aligns with national strategies to enhance domestic supply chains [6].
High-Grade Nickel and Platinum Group Metal Discovery Expands Manicouagan Critical Minerals Potential
Thenewswire· 2025-11-13 13:10
Core Insights - St-Georges Eco-Mining Corp. has achieved two significant milestones: the first recorded revenues from its subsidiary, St-Georges Metallurgy Corp., and the identification of a new high-grade nickel-copper-PGE target zone at the Manicouagan Project in Québec [1] Revenue Generation - St-Georges Metallurgy Corp. generated its first revenue in October 2025, with expectations for additional revenue before the end of the financial year and further revenues anticipated in 2026, primarily from processing a multi-ton shipment of geothermal scaling concentrate from Iceland [2] Exploration and Geological Findings - The 2025 surface exploration campaign at the Manicouagan Project has refined the geological model and led to the discovery of the "South-East Manic Zone," located approximately 6.5 km east of the known Bob mineralized corridor, with grab samples returning values of up to 2.28% Ni, 0.37% Cu, 0.17% Co, and 0.81 g/t Pd + 0.55 g/t Pt [3] - Multi-element analysis indicates a strong positive correlation between nickel, cobalt, iron, and Platinum Group Metals (PGEs), suggesting a common magmatic sulfide origin with correlation coefficients ranging from 0.83 to 0.95 [5] Future Plans - The company plans to conduct a high-resolution ground magnetic and EM survey, followed by mechanized trenching and channel sampling over the new South-East Manic Zone, with an updated 3D geological model and a 2026 drill program targeting both the Bob Zone depth extensions and the newly identified area of interest [17]
Generation Uranium Announces Appointment of Michael Collins as Chief Executive Officer
Thenewswire· 2025-11-13 13:00
Core Insights - Generation Uranium Inc. has appointed Michael Collins as the new Chief Executive Officer and Director, effective immediately [1] - Michael Collins brings over 30 years of experience in the mining and exploration industry, having held senior roles in corporate development and project management [2] - The company is focused on advancing its uranium assets in Canada's Angilak Basin and aims to execute its exploration and growth objectives for 2026 [4] Company Overview - Generation Uranium is a Canadian resource exploration company specializing in uranium, with a 100% ownership of the Yath uranium project located in Nunavut's Angilak district [5] - The Yath Project is considered to have significant potential for uranium discovery, and the company is well-positioned to contribute to the future supply of clean nuclear energy [5] Leadership Transition - Michael Collins expressed enthusiasm about joining Generation Uranium and emphasized the potential of the Yath Project [3] - The company acknowledged the contributions of former CEO Mr. Huggins and wished him well in his future endeavors [3]
Western Star Resources Announces Results Of Annual General Meeting
Thenewswire· 2025-11-13 13:00
Core Points - Western Star Resources Inc. held its Annual General Meeting on October 23, 2025, where shareholders voted 100% in favor of all resolutions presented [1] - A total of 8,739,503 common shares, representing 59.78% of the Company's issued and outstanding shares, were voted at the Meeting [1] Company Overview - Western Star Resources is a mineral exploration and development company focused on increasing shareholder value through cost-effective exploration practices and partnerships [2] - The company owns nine non-surveyed contiguous mineral claims totaling 4,740 hectares located in the Revelstoke mining division of British Columbia, approximately 50 kilometers southeast of Revelstoke [2]
First Tellurium and PyroDelta Target Robotics Industry for Sales of Thermoelectric Cooling Devices
Thenewswire· 2025-11-13 12:30
Core Insights - First Tellurium Corp. is launching research and development for thermoelectric cooling devices aimed at the robotics industry, providing solid-state cooling for sensitive electronics in harsh environments [2][3] - The global robotics market is projected to grow significantly, with estimates ranging from US$33.9 billion in 2024 to US$60.5 billion by 2030, reflecting a CAGR of 9.9% from 2025 to 2030, while another estimate suggests a market value of US$47.8 billion in 2024, reaching US$211.1 billion by 2034, with a CAGR of 16.6% from 2025 to 2034 [3][4] - The company’s proprietary manufacturing process, Capillary Casting, allows for lower production costs compared to existing devices, positioning it favorably in the market [4][5] Company Strategy - First Tellurium aims to capitalize on the growing robotics market and is exploring additional markets such as high-payload drones, AI data centers, and combustion engines [5] - The company’s business model focuses on generating revenue through the development of tellurium-based technologies, mineral discovery, and project development [6]
Drilling Completed at Silver North's Flagship Haldane Silver Property, Yukon
Thenewswire· 2025-11-13 12:30
Core Insights - Silver North Resources Ltd. has completed its 2025 exploration program at the Haldane Silver Property, with a total of eight drill holes totaling 1,759.5 meters [1][6] - The primary goal of the drill program was to test the strike and depth continuity of the Main Fault target, which has been successfully achieved [2] - The company is awaiting assay results from the drilling program, with all analytical sampling completed and samples submitted for analysis [2] Exploration Details - The eight drill holes were completed from four pads, testing approximately 150 meters of strike along the Main Fault structure and a maximum of 150 meters down dip on one section [2][6] - In addition to drilling, over 15 square kilometers of LiDAR and photogrammetry surveys were conducted over the Mt Haldane Vein System, which hosts the majority of vein targets [3] - The surveys aim to identify structural lineaments and provide better topographic control for future drilling and modeling of the vein systems [3] Company Overview - Silver North's primary assets include the 100% owned Haldane Silver Project, the Tim Silver Project (under option to Coeur Mining, Inc.), and the GDR project, with plans to acquire additional silver properties in favorable jurisdictions [4] - The company is listed on the TSX Venture Exchange under the symbol "SNAG" and trades on the OTCQB market in the United States under the symbol "TARSF" [5]
Falcon Confirms Robust Economics in Anode Plant Study with US$86 Million Initial CapEx and First Production Targeted for H2 2027; Offtake and Testing Advancing
Thenewswire· 2025-11-13 12:00
Core Insights - Falcon Energy Materials plc has announced positive results from a technical-economic study for its natural graphite spheroidization, purification, and coating plant in Morocco, indicating strong financial and operational fundamentals for becoming a low-cost producer of coated, spheroidized, and purified graphite at an industrial scale [2][4]. Group 1: Technical Study and Economic Viability - The Technical Study, prepared to AACE Class 3 standards, confirms the economic viability of the CSPG facility in Morocco [2][6]. - The Anode Plant is designed to produce 26,000 tonnes of CSPG and 19,000 tonnes of fines annually, with initial capital costs estimated at US$86 million and operating costs at US$3,168 per tonne of CSPG [8][21]. Group 2: Production Process and Technology - The Anode Plant will utilize advanced processes for spheroidization, purification, and coating, producing high-quality CSPG with a purity of 99.95% [9][14]. - The facility will be strategically located in Jorf Lasfar, Morocco, benefiting from key port and energy infrastructure, as well as free trade agreements with the US and EU [6][10]. Group 3: Strategic Partnerships and Market Focus - Falcon has partnered with a leading CSPG producer to leverage established technology and supply chains, enhancing its competitive position in the European and North American markets [4][5]. - The company aims to close critical gaps in the battery materials supply chain, providing essential anode materials to Western manufacturers and end-users [4][5]. Group 4: Next Steps and Timeline - The company has initiated an environmental impact assessment (EIA) expected to be completed in H1 2026, which is necessary for obtaining construction permits [22]. - Construction of the pilot plant is on track for completion in Q4 2025, with first CSPG samples available for customer testing expected in the same timeframe [23][24].
Homeland Nickel Enters Agreement with USA Company, Amplifying Exposure to Strategic Holdings
Thenewswire· 2025-11-13 12:00
Core Viewpoint - Homeland Nickel Inc. has formed a partnership with Patriot Nickel Corp to enhance domestic nickel supply in the U.S., particularly in Southern Oregon, aligning with the America First trend [2][5]. Company Overview - Homeland Nickel is a Canadian mineral exploration company focused on critical metal resources, with nickel projects in Oregon and copper and gold projects in Newfoundland [8]. Partnership Details - The partnership involves Homeland optioning its Cleopatra Property (historical resource of 39.5 million tonnes at 0.93% Ni) and Eight Dollar Mountain Property to Patriot [5]. - Homeland will receive 20% of Patriot's common shares, staged cash payments totaling USD $1.25 million, and a minimum expenditure requirement of USD $3 million over three years [5]. - Patriot is required to bring one property to pre-feasibility to earn an 80% interest in both properties, and will assume 50% of progress payments to RAB Capital (CAD $7.5 million) [5]. Historical Resource Verification - The historical resource on the Cleopatra Property was initially prepared in 2009 and later reviewed in 2023, confirming compliance with NI 43-101 standards [4][5]. - To make the historical resources compliant, a minimum of 10% of the original work will need to be repeated, primarily involving twinning selected auger holes [7]. Management and Governance - Stephen Balch, President and CEO of Homeland, emphasizes the benefits of the partnership, including American investor interest and management [2]. - Homeland will appoint one director to Patriot and will operate exploration programs until a joint venture is formed [5].
Gamma Resources Commences Work Programs at U.S. Uranium Projects in Utah and New Mexico
Thenewswire· 2025-11-13 12:00
Core Viewpoint - Gamma Resources Ltd. has initiated significant work programs at its Green River Uranium Project in Utah and Mesa Arc Uranium Project in New Mexico, marking a pivotal step in advancing its U.S. uranium portfolio and preparing for resource estimation, permitting, and drilling initiatives [1][3]. Green River Uranium Project – Utah - The Green River Project consists of 41 royalty-free lode claims targeting uranium mineralization in the Salt Wash Member of the Morrison Formation, with historical deposits totaling 5.3 million lbs U₃O₈ and past production of 1 million lbs U₃O₈ [3][4]. - A technical field team has been mobilized to conduct a detailed airborne survey to identify historic boreholes and open collars for downhole gamma logging, with completion expected by the second week of December 2025 [4][5]. - The results from the airborne survey will help define targets for follow-up exploration and additional land acquisition during the first half of 2026 [5][6]. Mesa Arc Uranium Project – New Mexico - The Mesa Arc Project comprises 41 lode mining claims recently expanded by 185 new federal claims, covering approximately 4,520 acres, with historical uranium production and mineralization documented [7][10]. - A 20-hole (6,500 ft) drill program is planned to twin historic holes and test step-out targets, including the Todilto Formation, with permitting submissions to the U.S. Forest Service underway and drilling anticipated to begin in Q2 2026 [6][10]. - The Todilto Formation has a history of over 17 million lbs of U₃O₈ production since the late 1970s, yet has never been drilled on Gamma's ground [10]. Corporate Update - Gamma has engaged Departures Capital Inc. for investor communications and marketing advisory services for an initial term of twelve months at a fee of C$30,000 [11]. Industry Context - The U.S. government has designated uranium as a critical mineral, enabling federal agencies to fast-track permitting and prioritize uranium mining and related infrastructure [17]. - The uranium market is experiencing a historic supply-demand imbalance, with spot uranium prices recovering from lows near US $63/lb in early 2025 to over US $80.00/lb as of October 2025, driven by underinvestment and geopolitical trade tensions [18]. - Nuclear energy is increasingly recognized as a reliable, carbon-free energy source, prompting Western governments to invest in domestic fuel chains and advanced reactor technologies, positioning companies like Gamma favorably in the market [18].
Red Canyon Completes Kendal Ridge Targeted Drill Program and Expands Soil Geochemistry Survey
Thenewswire· 2025-11-13 11:30
Core Insights - Red Canyon Resources Ltd. has successfully completed a Phase 2 targeted diamond drill program and an expanded soil geochemistry sampling program at its 100% owned Kendal copper project in British Columbia [1][2] Company Highlights - The drill program at Kendal Ridge intersected copper and molybdenum mineralized porphyry veins in all drill holes, enhancing the understanding of the mineralizing and structural features of the hydrothermal system [2] - The Kendal Ridge zone exhibits some of the highest vein densities encountered to date, with early interpretations suggesting a strong vector to a possible porphyry center located east of recent drilling [2] - The expanded soil geochemistry program included 252 samples aimed at improving vectoring within the hydrothermal system, which may host multiple copper porphyry centers [4][20] Kendal Project Overview - The Kendal project consists of five mineral claims covering 2,738 hectares, located approximately 25 km northeast of Terrace, British Columbia, with excellent infrastructure including highways, hydroelectric power, and rail corridors [3] - The project area is accessible via logging roads and lies within the traditional territory of the Kitselas First Nation [3] Drilling Details - A total of five diamond drill holes were completed, totaling 2,548 meters, targeting a 500 by 500 meter area within the Kendal Ridge zone [4] - All drill holes intersected porphyry-style B veins with varying amounts of pyrite, chalcopyrite, and molybdenum, indicating strong mineralization along the eastern flanks of Kendal Ridge [4][11] - Drill hole RCKD-25-006 intersected a significant north/south structure beneath the Moly Fork drainage, interpreted as a long-lived fluid pathway crucial to the Kendal system's genesis [4][11] Soil Geochemistry Program - The large-scale soil sampling program aimed to target areas with limited rock exposure, utilizing a consistent sampling approach and modern multi-element ICP analyses [20][22] - Assay results from the Kendal programs are anticipated in late 2025 or early 2026 [4][22] Company Background - Red Canyon Resources is a geoscience-driven mineral exploration company focused on copper and copper-gold porphyry projects in North America [23] - The company has a technical team with diverse backgrounds in capital markets and mining, emphasizing a discovery-driven approach [23]