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Muzhu Announces Private Placement
Thenewswire· 2025-09-10 15:00
Vancouver, BC – TheNewswire - September 10, 2025 – Muzhu Mining Ltd. (CSE:MUZU) (FSE:Y33) (OTCQB:MUZUF) (“Muzhu” or the “Company”) is pleased to announce that the Company has arranged a non-brokered flow-through private placement of 4,250,000 units at $0.10 per unit for an aggregate amount of $425,000. Each Unit is comprised of one (1) flow-through common share (each, a “Share”) of the Company and one (1) non-transferable share purchase warrant (the “Warrants”). Each Warrant entitles the holder to purch ...
Blende Silver Corp Provides Update for the Blende Zinc-Lead-Silver Property
Thenewswire· 2025-09-10 14:45
Core Viewpoint - Blende Silver Corp. is advancing its exploration and development activities at the Blende zinc-lead-silver property in Yukon, with ongoing regulatory processes for mining permits and significant mineral resource estimates indicating potential for substantial mineral extraction [1][2][5]. Group 1: Project Development - The Company submitted a Class 4 Quartz Mining Land Use Approval application in January 2025, which is crucial for exploration and development at the Blende property [2]. - Proposed activities include upgrading existing trails, constructing new infrastructure such as a heli-pad and airstrip, and supporting a 25,000-meter drill program with up to 50 surface diamond drill holes annually [2]. - A smaller Class 1 Exploration Notification is being initiated to support a surface drill program with a temporary camp for less than 250 person-days [3]. Group 2: Mineral Resource Estimates - The Blende property hosts a significant mineral resource, with an Indicated Mineral Resource of 4.6 million tonnes grading 1.82% Zn, 1.63% Pb, and 30.3 g/t Ag, translating to approximately 187 million pounds of zinc, 167 million pounds of lead, and 4.5 million ounces of silver [5][6]. - An Inferred Mineral Resource of 42.2 million tonnes grading 1.83% Zn, 1.62% Pb, and 27.5 g/t Ag is also reported, equating to about 1.7 billion pounds of zinc, 1.5 billion pounds of lead, and 37.3 million ounces of silver [5][6]. - The mineralization is characterized as a Proterozoic-aged carbonate-hosted massive sulphide deposit, forming a mineralized corridor over 6 km [5]. Group 3: Regulatory Engagement - The Yukon Environmental and Socio-economic Assessment Board (YESAB) has extended the public comment period for the project until September 18, 2025, encouraging stakeholder participation [3]. - The Company is actively engaging with regulatory authorities to facilitate the approval process for the Class 4 Quartz Mining Permit [2]. Group 4: Historical Context - The Blende property was reported in 1995 as the largest strata-bound, carbonate-hosted, zinc-lead deposit in Yukon, highlighting its historical significance in the mining sector [4].
Allegiant Begins Extensive Core Drilling Program to Test High Grade Gold Discovery at Eastside Project's McIntosh Zone
Thenewswire· 2025-09-10 14:20
Core Insights - Allegiant Gold Ltd. has initiated a fully-funded 2,000 metre diamond core drill program at the McIntosh zone of the Eastside Gold-Silver Project to explore vertical extensions of high-grade gold discoveries [1][4] - The Eastside Project currently has an inferred resource of approximately 1.4 million ounces of gold and 8.8 million ounces of silver, with only a small portion of the area explored [1][8] - The 2025 drilling program aims to build on the success of the 2021 campaign, which reported the highest-grade intercepts at Eastside [4] Program Details - The current drill program will consist of three holes (ES-331, ES-337, ES-338) totaling around 2,000 metres, as part of a larger 20,000 metre drilling initiative [6] - Holes ES-331 and ES-338 will test vertical extensions of previously drilled holes down to 600 metres, while hole ES-337 is designed to intersect various structures in the high-grade zone [6] - Results from the drilling are expected in October and November 2025 [6] Historical Context - The 2021 drilling campaign returned significant results, including hole ES-243 which reported 148 metres of 2.6 g/t Au, and hole ES-239 which reported 3.1 metres of 39.0 g/t Au [6] - The exploration model for the Eastside Project is based on over 60,000 metres of drilling and various geological data, indicating a strong correlation between mineral grade and known structures [4] Company Overview - Allegiant Gold Ltd. owns three gold projects in the mining-friendly jurisdiction of Nevada, with the Eastside project being the flagship [9] - Less than 20% of the Eastside property has been explored, indicating significant potential for resource expansion [9] - Preliminary metallurgical testing suggests that both oxide and sulphide gold mineralization at Eastside can be processed through heap leaching [9]
Nord Precious Metals Advances Recovery Permit Application with Ministry Guidance on District-Scale Silver Processing
Thenewswire· 2025-09-10 14:10
Core Insights - The Ontario Ministry of Energy and Mines has provided guidance for Nord Precious Metals Mining Inc. regarding an expedited pathway for its Recovery Permit application, allowing for toll processing of materials from neighboring silver properties, positioning Nord as a potential regional processing hub for legacy tailings recovery in North America [1][2][4] Group 1: Regulatory Developments - The Ministry's written response confirms that toll processing arrangements can be included in Nord's application, establishing the Temiskaming Testing Labs (TTL) facility as a processing hub for the Cobalt-Gowganda Camp's legacy tailings, where 108 underground mines historically produced 600 million ounces of silver [2][5] - The Ministry has invited Nord to submit draft applications for preliminary review, streamlining the process by eliminating the need for a closure plan, which has historically been a time-consuming element of permit applications [4][8] Group 2: Strategic Positioning - Nord aims to unlock value from waste streams in North America's richest historic silver district, demonstrating that substantial value exists in its industrial heritage, while others pursue expansion across multiple continents [3][5] - The company is positioned to become a "Waste-to-Market" operator, processing orphaned tailings deposits and transforming environmental liabilities into cash-generating feedstock [5][7] Group 3: Technical and Operational Readiness - Nord's proven metallurgical process has successfully produced a 1,000-ounce silver bar and battery-specification cobalt sulfate from initial testing, applicable across diverse feed sources without significant modification [6][11] - The company has maintained agreements with three First Nations groups, ensuring social license and community support, which typically takes years for junior companies to achieve [8][10] Group 4: Future Plans and Execution - The formal permit submission to the Ministry is planned for Q4 2025, with initial processing targeted to begin in 2026 following the commissioning of a 600 tonne-per-day gravity plant [13]
IDEX Metals Drills 182.25m of 0.32% Cu From Surface at the Kismet Tourmaline Breccia, Freeze Project, Idaho
Thenewswire· 2025-09-10 13:55
Vancouver, B.C. – TheNewswire - September 10, 2025 - IDEX Metals Corp. (“IDEX” or the “Company”) (TSXV: IDEX; OTCQB: IDXMF) is pleased to announce that the first ever drillhole completed by IDEX on the Freeze property (“Freeze” or the “Property”) intersected 182.25 m of 0.32% Cu, from surface. The drill hole, KSMT25001, intersected variable intervals of oxide copper mineralization beginning at 1.5 metres downhole, with malachite, chalcocite, and chrysocolla occurring as supergene replacement of primary cha ...
Jaxon Mining Provides Blunt Mountain Silver-Antimony Update
Thenewswire· 2025-09-10 13:40
Core Viewpoint - Jaxon Mining, Inc. has terminated its Binding Letter of Intent with Lake Winn Resources regarding a joint venture for the Blunt Mountain Silver-Antimony Property due to regulatory complications, while retaining full ownership of the property and exploring alternative transaction structures [1][8]. Group 1: Property and Exploration Details - The Blunt Mountain Silver-Antimony Project is located 45 kilometers north of Smithers, British Columbia, covering an area of 7,209 hectares [2]. - Significant rock sampling results from 2021 indicated high concentrations of silver and antimony, with samples showing over 700 g/t Ag and 4% Sb [1][2]. - The primary exploration target consists of intrusive-related poly-metallic veins of silver, antimony, gold, lead, zinc, and copper identified over a strike length of 3 kilometers [3]. Group 2: Mineralization and Sampling Methodology - Mineralization is hosted in a Late Cretaceous aged Bulkley suite pluton, partially extending into the surrounding hornfels of the Jurassic Bowser Formation [4]. - Rock samples from the 2021 exploration were processed at MSA Laboratory, Langley, BC, using a multi-element ICP EM MS method for 39 elements and fire assay for gold [4]. Group 3: Corporate Developments - Jaxon Mining has appointed Evan Delukas as Chief Financial Officer and a member of the Board of Directors following the passing of Laurence Stephenson [6]. - The company has engaged O'Neill Law LLP to apply for a partial revocation of its cease trade order, aiming to resume trading and complete outstanding filings [8].
Angkor Resources Receives Approval to Incorporate Mussel Basin into Block VIII Oil and Gas License, Cambodia
Thenewswire· 2025-09-10 12:50
Core Insights - Angkor Resources Corp. has received government approval to expand Block VIII by an additional 220 square kilometers, now totaling 4,277 square kilometers, after removing all parks and protected areas from development [1][2][8] - The Mussel Basin area is identified as a significant sub-basin for oil and gas exploration and development in Cambodia, with strong indications of potential [2][4] - EnerCam Resources, a subsidiary of Angkor, is actively conducting seismic operations to evaluate the newly added area, with plans to incorporate new seismic lines for processing and interpretation by September 20, 2025 [4][8] 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 [9] - The company’s Cambodian energy subsidiary, EnerCam Resources, holds an onshore oil and gas license of 7,300 square kilometers in southwest Cambodia, which has been reduced to approximately half its size due to the removal of protected areas [9] - Angkor is also involved in carbon capture and gas conservation projects in Saskatchewan, Canada, as part of its commitment to environmental and social initiatives [9]
Critical Infrastructure Technologies Ltd. and Babcock International Group Execute a Memorandum of Understanding (MOU)
Thenewswire· 2025-09-10 12:20
Core Points - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Memorandum of Understanding (MOU) with Babcock International Group to co-develop a platform for the Ukrainian Armed Forces that integrates 5G communications, ISR, and counter-UAS capabilities [1][2] - The agreement includes the supply of 50 Nexus 20 platforms, which will be delivered in a 20-foot containerized format, making them easily transportable by truck [2] - The MOU also outlines plans for a Nexus 20 assembly hub in Eastern Europe, aiming to expand opportunities across NATO's Eastern Flank [2][3] Company Overview - CiTech specializes in autonomous, high-capacity mobile communications platforms, targeting sectors such as mining, defense, border security, and emergency services [7] - The Nexus 16, CiTech's first product, aims to provide critical mobile telecommunications using patented self-deploying technology [7] - Babcock International Group is a FTSE 100 defense company operating in multiple countries, focused on enhancing defense capabilities and critical assets [4]
Global Energy Metals Announces Acquisition of Luna Energy and Portfolio of Highly Prospective Uranium and Energy Metal Projects
Thenewswire· 2025-09-10 12:10
Core Viewpoint - Global Energy Metals Corporation has entered into a letter of intent to acquire Luna Energy Ltd, aiming to enhance its position in the uranium sector amid rising global demand for nuclear energy as a clean power source [1][2][3] Company Summary - The acquisition will allow Global Energy Metals to gain immediate access to a portfolio of uranium projects in Paraguay, a region identified as under-explored yet mining-friendly [1][3] - The transaction aligns with the company's strategy to diversify its energy metals portfolio, focusing on quality assets in the critical minerals sector [3][5] - Following the acquisition, Luna will become a wholly owned subsidiary of Global Energy Metals, with existing directors continuing to lead the company [5][7] Project Portfolio - Luna Energy has focused on exploring the uranium potential of the Paraná sedimentary basin in Paraguay, controlling one of the largest under-explored uranium land positions in South America [4][12] - The company also holds prospective lithium and other critical mineral assets in the region, enhancing its overall portfolio [4] Transaction Details - The transaction involves the exchange of all issued shares of Luna for 7,239,870 common shares of Global Energy Metals after a share consolidation [6][10] - A concurrent financing plan aims to raise up to $2 million through the issuance of units at a price of $0.15 per unit, which will support exploration and development efforts [9][10] Market Context - The mining industry is experiencing a transformation due to increased demand for critical minerals and a shift towards sustainable energy solutions, creating significant investment opportunities [3] - The global uranium demand is projected to rise significantly over the next decade, driven by the expansion of nuclear energy as a clean power source [2]
Visual Drill Results from Teuton's Ram Property -- Golden Triangle, British Columbia
Thenewswire· 2025-09-10 12:10
Core Insights - Teuton Resources Corp. has initiated its 2025 drill program on the Ram Property, located in British Columbia's Golden Triangle, with promising visual results from the first three drill holes [1][2]. Drill Program Highlights - The drill program targets two magnetic anomalies, with significant sulfide concentrations observed, particularly pyrrhotite, which is associated with precious metals in nearby deposits [2][3]. - The first three holes in Target 1 revealed an increase in sulfide concentrations at depth, indicating potential for precious metal endowment [2][3]. - Drill holes RAM25-03 to RAM25-05 intersected a strong magnetic high of approximately 1,000 by 800 meters, with significant mineralization observed [3][4]. Target Analysis - **Target 1 (Western Magnetic Anomaly)**: - Comprises a 1,000 by 800 meter magnetic high, located 7 km southwest of the Red Mountain deposit. The drilling has intersected broad domains of hornfels and high proportions of disseminated pyrrhotite-pyrite-chalcopyrite mineralization [4][5]. - **Target 2 (Eastern Magnetic Anomaly)**: - A 1 km long by 150 meter wide magnetic high has been identified, associated with a multi-phase porphyry intrusion. Drilling has revealed significant alteration and mineralization [4][5][6]. Sample Analysis - A first batch of samples from Hole 3 has been sent for analysis, with previous surface sampling indicating gold concentrations ranging from trace to 7.01 grams per tonne and silver from 0.12 to 58.63 grams per tonne [3][4]. Future Plans - Drilling has resumed with a seventh hole planned to reach a depth of 400 meters, aimed at further exploring the mineralization potential along the porphyry intrusion [4][7].