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Rockland Receives Exploration Permit For The Past Producing Cole Gold Mines Project In Red Lake, Ontario
Thenewswire· 2025-09-11 12:00
Core Insights - Rockland Resources has received an exploration permit from the Ontario Ministry of Northern Development and Mines for its Cole Gold Mines Project, allowing exploration activities for the next three years [1][2] - The Cole Gold Mines property is located in the Red Lake greenstone belt, known for its high-grade gold production, with historical output exceeding 30 million ounces [2][3] - Recent exploration efforts have identified new surface gold showings with assays of 57.7 g/t and 16.7 g/t Au, indicating potential for further drilling [6][7] Company Overview - Rockland Resources Ltd. specializes in critical minerals exploration, with a focus on beryllium in Utah and the Cole Gold Mines Project in Ontario [8] - The Cole Gold Mines property consists of 80 mining claims covering 1,438 hectares, situated within a historically productive gold region [3][8] Historical Context - The Shaft zone of the Cole Gold Mines property was previously worked in the 1930s, with an exploration shaft developed to 162 meters and modest high-grade gold production [4][5] - Kerr Addison Mines conducted drilling in the Shaft zone, yielding a historical resource estimate of 108,663 tonnes at a grade of 12.8 g/t Au, with mineralization remaining open at depth [5][7]
Armory Mining Amends AMMO Antimony-Gold Project Option Agreement
Thenewswire· 2025-09-11 11:30
Core Viewpoint - Armory Mining Corp. has amended its mineral property option agreement to accelerate the acquisition of the Ammo Property, which is adjacent to the West Gore antimony-gold mine in Nova Scotia, Canada, allowing the company to gain a 100% interest in the project [1][3]. Group 1: Agreement Details - The amendment agreement, dated September 9, 2025, modifies the terms of the original option agreement from a cash payment of $25,000 to the issuance of 384,615 common shares to the optionor within five business days of acceptance by the Canadian Securities Exchange [2]. - To date, the company has made cash payments totaling $25,000 and issued 750,000 common shares to the optionor [2]. Group 2: Company Strategy and Future Plans - The CEO of Armory Mining Corp. stated that the amendment accelerates the acquisition process and allows the company to proceed with exploration plans following a recent data compilation [3]. - The Ammo Property is located in an established antimony-gold camp with historical production, indicating potential for future exploration success [3]. Group 3: Company Overview - Armory Mining Corp. is focused on minerals critical to the energy, security, and defense sectors, controlling an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia [5].
Generation Uranium Identifies 17 High-Priority Targets at Yath Uranium Project, Nunavut
Thenewswire· 2025-09-11 11:30
Core Insights - Generation Uranium Inc. has identified seventeen high-priority exploration targets at its 100%-owned Yath Uranium Project in Nunavut, indicating significant potential for new discoveries in a proven uranium belt [1][4][8] Company Overview - Generation Uranium Inc. is a Canadian uranium exploration company focused on advancing its Yath Uranium Project, strategically located in Nunavut's Angilak district, which is recognized as one of Canada's most active emerging uranium exploration camps [2][7] Exploration and Survey Details - The Yath Project covers a total area of 123 km² and has undergone a large-scale airborne Mobile MagnetoTellurics (MMT) survey, which included approximately 890 line-km of data collection at 150-meter spacing [4][5] - The survey was conducted in collaboration with a neighboring operator to achieve cost efficiencies and is expected to refine and prioritize drill-ready targets [4][5] Target Highlights - The identified targets include areas with significant radioactivity and historical high-grade uranium assays, such as: - VGR Trend, characterized by a 5-kilometer mineralized corridor with pervasive alteration and traceable radioactive structures [7] - Embryo Creek, with historical grab samples assaying up to 9.81% U₃O₈, indicating robust polymetallic potential [7] - Additional zones showing significant radioactivity, often exceeding 10,000 counts per second (cps) [7]
Ares Strategic Mining Provides Construction Update on Lumps Plant at Lost Sheep Project
Thenewswire· 2025-09-11 11:00
Core Insights - Ares Strategic Mining Inc. has provided a significant construction update on its Lumps Plant at the Fluorspar Project in Utah, marking a major milestone as the only domestic fluorspar processing operation in the United States [1] Construction Progress - The construction of the Lumps Plant has reached an advanced stage, with all concrete foundations and pads completed [3] - Steel frame structures are being erected, and major vessels have been fabricated and welded into place [3] - Conveyor systems are being assembled, with visible segments installed across the site, and additional structural supports are being bolted into position [3] Strategic Importance - The Lumps Plant is crucial for Ares' strategy to produce high-purity fluorspar for North American markets, supporting industries such as steel and aluminum manufacturing, refrigerants, fluoropolymers, and critical minerals for nuclear fuel and semiconductors [4][6] Future Plans - Upcoming construction efforts are expected to lead to the completion of structural assembly, installation of conveyors, initiation of equipment fit-out, and testing and commissioning of plant systems [9] - The company aims to achieve production and revenue targets aligned with market demand for critical minerals [10]
Plaid Announces Transition to The OTCID Market
Thenewswire· 2025-09-11 11:00
Core Insights - Plaid Technologies Inc. has transitioned from the OTC Pink Sheets to the newly established OTCID market, trading under the new symbol STIFF effective September 11, 2025 [1][2] - The OTCID Market is designed for companies that prioritize enhanced disclosure practices, which include current financial reporting and verified company profile updates, thereby increasing investor confidence and access [2] - The transition is part of the company's broader capital markets strategy aimed at enhancing investor visibility and reinforcing its commitment to transparency and sound corporate governance [2] Company Overview - Plaid Technologies focuses on the development and commercialization of graphene-enhanced concrete technology, refining proprietary technology for the uniform dispersion of graphene in cement [3] - The company is also advancing a patent application related to the production of expanded graphite for industrial use [3] - The common shares will continue to trade without interruption, and no action is required from shareholders during this transition [3]
Harvest Gold Announces Non-Brokered Private Placement Of Up To $500,000
Thenewswire· 2025-09-11 10:30
Vancouver, British Columbia / September 11, 2025 ‑ TheNewswire - Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold” or the “Company”) announces that, subject to the approval of the TSX Venture Exchange (the “Exchange”), it has arranged a non-brokered private placement of up to 6,666,667 units of the Company (“Units”) at a price of $0.075 per Unit for aggregate gross proceeds of up to $500,000 (the “Private Placement’). Harvest Gold President and CEO, Rick Mark, states: “One of our investors in the recen ...
Hyper Bit to Present at Arcstone-Kingswood Growth Summit
Thenewswire· 2025-09-11 07:05
Core Viewpoint - Hyper Bit Technologies Ltd. is set to present at the ArcStone-Kingswood Growth Summit 2025, aiming to enhance its visibility and investor relationships in the altcoin mining sector [1][6]. Group 1: Event Details - The ArcStone-Kingswood Growth Summit 2025 will take place on September 18th, 2025, in Toronto, Canada, featuring corporate presentations, panel discussions, and structured investor meetings [2]. - Dallas La Porta, President & CEO of Hyper Bit, will present the company's growth story and recent milestones, including the deployment of ElphaPex DG1+ miners and plans for next-generation ElphaPex DG2 mining rigs [3][5]. Group 2: Company Positioning - Hyper Bit Technologies aims to establish itself as a leading player in altcoin mining and treasury management, focusing on strengthening its presence in U.S. and Canadian capital markets [6]. - The company is recognized as one of North America's first publicly listed altcoin-focused mining companies, reflecting its strategic positioning in the digital asset sector [5][8]. Group 3: Company Overview - Hyper Bit Technologies specializes in the acquisition, development, and strategic deployment of crypto mining operations and blockchain innovations, responding to the growing interest in digital assets [8]. - The company is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association, indicating its commitment to the crypto ecosystem [8].
Silver Crown Royalties Announces Update on Private Placement and up to $2 Million Brokered Life Offering Led by Centurion One Capital
Thenewswire· 2025-09-11 07:00
Core Viewpoint - Silver Crown Royalties Inc. is conducting a brokered private placement to raise up to $2,000,000 through the sale of units priced at $5.50 each, with the offering expected to close around September 26, 2025 [2][6]. Group 1: Offering Details - The offering will consist of up to 363,636 units, each comprising one common share and one common share purchase warrant [2][3]. - Each warrant allows the holder to purchase one share at $8.25 for 36 months, with an acceleration right if the share price exceeds $11.00 for 30 consecutive trading days [3]. - An additional option allows the lead agent to sell up to 54,545 units for an extra $300,000 [3]. Group 2: Use of Proceeds - The gross proceeds from the offering will be allocated to fund the final tranches of two existing silver royalties and for general working capital [4]. Group 3: Insider Participation - Certain insiders and the lead agent may acquire up to 25% of the offering, which will be considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [5]. Group 4: Regulatory and Compliance - The offering will be conducted under the listed issuer financing exemption and will not require a statutory hold period under applicable Canadian securities laws [7]. - The offering is subject to necessary approvals, including that of the Cboe Canada exchange [6]. Group 5: Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company focused on generating free cash flow and minimizing the economic burden on mining projects while maximizing shareholder returns [11].
Lake Winn Closes First Tranche of Non-Brokered Private Placement
Thenewswire· 2025-09-11 00:50
Core Viewpoint - Lake Winn Resources Corp. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of C$291,000 through the issuance of 5,290,909 units at a price of $0.055 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one share purchase warrant, with the warrant exercisable at $0.08 for a period of 24 months [2]. - The company paid cash finders fees of $15,620 and issued 284,000 broker warrants, each exercisable at $0.08 [3]. - All securities issued are subject to a statutory hold period of four months plus one day from September 8, 2025 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for exploration costs related to the Little Nahanni project and for general working capital and administrative expenses [5]. Group 3: Regulatory and Compliance - Closing of additional tranches is contingent upon approval from the TSX Venture Exchange and will be offered through private placement in specific Canadian provinces [6]. - The securities will not be registered under the U.S. Securities Act and cannot be offered or sold in the United States unless registered or exempt [7]. Group 4: Company Overview - Lake Winn Resources Corp. is focused on advancing the Little Nahanni Pegmatite project, which spans 9,682.5 hectares and includes a significant lithium, cesium, and tantalum pegmatite dyke swarm [9].
Stellar AfricaGold - Structural Mapping Report Supports Expansion Potential at Tichka Est; Drill Campaign Progress Report
Thenewswire· 2025-09-10 21:00
Core Insights - Stellar AfricaGold Inc. has received a final report from Dr. David Selley confirming the exploration potential of Structure B at the Tichka Est Gold Project in Morocco [1][2]. Group 1: Report Findings - The Selley Report provides a comprehensive understanding of the gold potential of Structure B and outlines the regional potential of the Tichka Est Gold Project [2]. - Structure B is located at the intersection of the Tizgui Fault Zone and the Arg-Erdouz Fault Zone, creating a favorable structural setting for gold mineralization [3][4]. - Gold mineralization is associated with quartz-ankerite-arsenopyrite-bearing veins and is marked by deep red limonitic alteration [4]. Group 2: Drilling and Exploration Plans - The company plans to expand its drilling program based on the findings of the report, with three high-priority targets identified for the next phase of drilling [5]. - The identified targets include the junction of Structures B and C, the northern continuation of Structure B, and the junction between Structures A and B [5][6]. - The diamond drilling campaign is ongoing, with the third drill hole reaching a depth of 124 meters as of September 4, and operations are set to resume shortly [11][12]. Group 3: Project Overview - The Tichka Est Gold Project covers an area of 82 km² in the High Atlas region of Morocco, approximately 90 km south of Marrakech [13]. - The project is under an earn-in agreement with Morocco's National Office for Hydrocarbons and Mining, allowing the company to earn an 85% interest after incurring exploration expenditures of US$2.39 million (C$3.5 million) over three years [13]. - Early-stage exploration has identified three gold-bearing zones, with additional anomalous metal zones warranting further exploration [14].