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Fitzroy Minerals Reports 176 m @ 0.47% CuEq1 (0.31% Cu, 249 ppm Mo, 0.04 g/t Au) at the Caballos Copper Project and Confirms that the Buen Retiro Copper Project is Analogous to Candelaria, Chile
Thenewswire· 2026-01-13 14:15
Core Insights - Fitzroy Minerals Inc. is making significant progress in its exploration of the Buen Retiro and Caballos copper projects in northern Chile, coinciding with record-high copper prices, indicating a transformative year ahead for the company [1][2]. Caballos Project - The Caballos project has revealed a robust copper-molybdenum-gold system with multiple mineralization phases, extending over 600 meters, with ongoing exploration [2][4]. - Phase 1 drilling at Caballos has completed 3,154 meters across nine holes, with an airborne geophysical survey scheduled for Q1 2026 to enhance geological modeling [4][12]. - Drill hole CAB-DDH004A intersected 176 meters at 0.31% Cu, 249 ppm Mo, and 0.04 g/t Au, indicating promising mineralization [6][8]. Buen Retiro Project - At Buen Retiro, drilling continues to intersect significant sulphide mineralization, with a focus on the Upper Pucobre Formation, which is similar to the Candelaria deposit [3][20]. - Approximately 8,000 meters of diamond drilling across 29 holes has been completed, with assays pending for several drill holes due to laboratory delays [14][18]. - The geological interpretation indicates a copper-mineralized trend extending about 1 kilometer, with mineralization preferentially developed in permeable volcanic breccias and tuffs [17][18]. Technical Developments - The company plans to upgrade the Technical Report on the Heap Leach Joint Venture with Pucobre to a Pre-Feasibility Study, reflecting confidence in the project [4][23]. - New drilling contracts for 2026 are being negotiated, focusing on both exploration and larger diameter infill drilling [22]. Geophysical Surveys - Fitzroy has contracted Expert Geophysics for an airborne MobileMT survey to map subsurface geology to depths of 1 to 2 kilometers, with a total of approximately 716 line-km planned [10][12].
Tsodilo Resources Detects Critical Minerals and Rare Earth Elements Within Its Skarn Metals Project
TMX Newsfile· 2026-01-13 05:15
Core Insights - Tsodilo Resources Limited has confirmed significant critical minerals and rare earth element (REE) mineralization at its Gcwihaba Metals Project in Botswana, particularly at the C26 and C27 targets, which were identified through geophysical surveys and confirmed by diamond core drilling [1][3][5] Exploration Results - The conceptual exploration target for the Gcwihaba project ranges from 81 to 97 million tonnes with grades between 0.05% and 1.49% Total Rare Earth Oxides (TREO), with the REE exploration target extending four kilometers in length [3][17] - The highest grade recorded so far is 1.49% TREO at the C27 skarn, validating the company's exploration approach [5][16] - The C26 and C27 skarn features contain all fifteen REE elements listed on the U.S. Department of Interior's 2025 Critical Minerals List, along with five additional critical minerals [6][7] Drilling Program - A 15,000-meter diamond drill program is set to commence in 2026 to obtain a compliant NI43-101 resource statement, focusing on defining high-grade REE zones and evaluating the polymetallic potential of the system [6][18] - The 2026 drilling campaign will include approximately 50 NQ-size drill holes [18] Mineralization Details - The skarn deposits are located within carbonate-rich lithologies and are characterized by a polymetallic assemblage, including copper, cobalt, nickel, vanadium, and silver [15][16] - Notable drill results include high-grade REE intercepts, with specific results from the C27 skarn showing 1.49% TREO over 2 meters and 1.23% TREO over 1 meter [9][12] Industry Context - The demand for rare earth elements is projected to grow at 9.2% annually through 2030, with global supply currently concentrated in China [7][8] - Rare earth elements are critical for applications in electric vehicles, wind turbines, and defense technologies, highlighting the strategic importance of the Gcwihaba project [7][21]
Minerals Technologies Inc. Announces Fourth Quarter and Full Year 2025 Conference Call on January 30, 2026
Globenewswire· 2026-01-08 15:00
Core Viewpoint - Minerals Technologies Inc. (MTI) will release its fourth quarter and full year results for 2025 on January 29, 2026, after market close, followed by a conference call on January 30, 2026, at 11 a.m. ET to discuss these results [1]. Group 1 - The conference call will be accessible via a dial-in number for U.S. participants (+1 877-270-2148) and for international participants (+1 412-902-6510), with the conference ID being "Minerals Technologies" [2]. - A replay of the conference call will be available starting from 2 p.m. ET on January 30, 2026, for one year [3]. Group 2 - Minerals Technologies Inc. is a global, technology-driven specialty minerals company that develops, produces, and markets a wide range of minerals and mineral-based products and services [4]. - The company reported global sales of $2.1 billion in 2024 and operates with 4,000 employees across 34 countries [4].
Fitzroy Minerals appoints Victor Flores to Board of Directors
Thenewswire· 2026-01-08 14:15
Core Viewpoint - Fitzroy Minerals Inc. has appointed Mr. Victor Flores as a Non-Executive Director, effective January 6, 2026, enhancing the company's governance and expertise in the resource capital markets [1][4]. Group 1: Appointment Details - Mr. Victor Flores is a recognized expert in resource capital markets with decades of experience, having worked as a resources analyst, Portfolio Manager, and Chief Investment Officer [2]. - His previous roles include eleven years as a Managing Director and Senior Mining Analyst at HSBC and nine years as a portfolio manager for Paulson & Co [2]. - Flores holds a Bachelor's degree in Geological Sciences and a Master's degree in Energy and Mineral Resources from the University of Texas at Austin, and he has been a CFA charter holder since 1992 [3]. Group 2: Company Overview - Fitzroy Minerals focuses on exploring and developing mineral assets with substantial upside potential in the Americas [5]. - The company's current property portfolio includes the Buen Retiro Copper Project in Chile, the Caballos Copper and Polimet Gold-Copper-Silver projects in Valparaiso, Chile, the Taquetren Gold Project in Argentina, and the Cariboo Project in British Columbia, Canada [5]. - Fitzroy Minerals' shares are listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF [5].
North American Niobium and Critical Minerals Corp. Reports Positive Preliminary Soil-Gas Radon Survey Results at Blanchette and Bardy; Phase 2 Planned with Rapid Follow-Up Portable Bedrock Drilling Program
Globenewswire· 2026-01-08 12:30
Core Insights - North America Niobium and Critical Minerals Corp. has reported positive preliminary results from its Phase 1 soil-gas radon survey on the Blanchette and Bardy properties in Québec, indicating multiple radon anomalies associated with rare earth element (REE) prospects [1][3][5] Survey Details - The Phase 1 soil-gas radon survey was conducted by RadonEx from December 16 to 18, 2025, covering a grid of 250 m x 250 m at Bardy with 68 sampling points and two grids of 200 m x 200 m at Blanchette with 72 sampling points [3][4] - Anomalous responses were defined as greater than 0.19 pCi/m²/s at Bardy and greater than 0.15 pCi/m²/s at Blanchette, with several radon anomalies located near known REE prospects [3][4] Interpretation and Trends - The preliminary interpretation suggests that the radon anomalies may indicate extensions of pegmatitic granitic dykes, which are known to host REE and niobium mineralization [3][5] - A WNW–ESE trend in the anomalous pattern at Bardy aligns with regional dyke orientations reported by Québec government geologists [5] Follow-Up Plans - The company plans to expand the radon soil gas survey in Q1 2026 to cover additional areas of the Blanchette, Bardy, and Seigneurie properties, with grid design and spacing currently under review [5][17] - A rapid follow-up backpack drilling program will be initiated to target the identified anomalous zones, allowing for quick geological logging and sampling [12][14] Methodology - The backpack drilling method is designed to drill through overburden of 20 m or more, recovering approximately 2–3 m of bedrock core for analysis [14][19] - The company aims to prioritize the most prospective areas for diamond drilling programs by combining near-real-time radon targeting with rapid follow-up sampling [15][19] Company Overview - North American Niobium and Critical Minerals Corp. focuses on the acquisition and development of precious, base, and critical mineral assets, including properties in British Columbia and Québec that are rich in REE, niobium, and nickel-copper occurrences [23]
Company Name Change to ILC Critical Minerals Ltd.
TMX Newsfile· 2026-01-08 11:00
Core Viewpoint - International Lithium Corp. will change its name to ILC Critical Minerals Ltd. effective January 12, 2026, to better reflect its focus on critical minerals beyond lithium [1][4]. Group 1: Name Change and Trading Information - The company's common shares will continue to trade under the symbol "ILC" on the TSX Venture Exchange, with a new CUSIP number of 44967J107 and ISIN CA44967J1075 [1]. - The share capital remains unchanged, with 272,403,254 common shares issued and outstanding, and shareholders are not required to exchange existing share certificates [2]. Group 2: Business Operations and Future Focus - All corporate information, including business operations and ongoing exploration activities, will remain unchanged, although some subsidiary names will be updated to align with the new company name [3]. - The chairman highlighted the significant recovery in lithium carbonate prices by over 110% since June 30, 2025, and noted the rise in spodumene prices by over 160% from June 2025 lows, indicating a strong market for lithium and other critical minerals [4].
Wealth Minerals Permitting Application for the Kuska Project Accepted
TMX Newsfile· 2026-01-07 17:12
Core Viewpoint - Wealth Minerals Ltd. has received official acceptance for a Special Lithium Operating Contract for the Kuska Project, marking a significant step towards project development and potential profitability in the lithium market [1][2]. Company Overview - Wealth Minerals Ltd. is focused on acquiring and developing lithium projects in South America, with interests in Canada and Chile [4]. - The company aims to diversify its asset base to include precious metal projects while advancing battery metal projects where it has a competitive advantage [5]. Kuska Project Details - The Kuska Project is located in the Salar de Ollagüe, Antofagasta Region, Chile, and has been under development since 2019 [3]. - The project has an estimated resource of 741,000 tonnes of Lithium Carbonate Equivalent (LCE) with an average concentration of 175 mg/L, and inferred resources of 701,000 tonnes of LCE with an average grade of 185 mg/L [3]. - A preliminary economic assessment indicates an Internal Rate of Return (IRR) of 33% and a Net Present Value (NPV) of US$1.65 billion for a 20,000 tonne LCE per year project with a 20-year mine life [3]. Market Context - Global prices for Lithium Carbonate Equivalent have recently recovered, exceeding US$16,000 per tonne, which enhances the project's attractiveness [2]. - The lithium market is experiencing structural issues that may lead to a mismatch between supply and demand, positioning Wealth Minerals to benefit from future trends [5].
Here's Why Momentum in Aura Minerals (AUGO) Should Keep going
ZACKS· 2026-01-06 14:56
Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in stock prices for short-term investing, highlighting that while trends can be profitable, ensuring their longevity is challenging [1][2]. Group 1: Stock Performance - Aura Minerals (AUGO) has shown a solid price increase of 37.8% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 29.8% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, AUGO is trading at 95.6% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - AUGO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like AUGO that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are multiple stocks passing through this screening process, providing additional investment opportunities [8].
Atomic Minerals Enters into Investor Relations Agreement with Lagace Capital Corporation
TMX Newsfile· 2026-01-06 06:46
Core Viewpoint - Atomic Minerals Corporation has engaged Lagace Capital Corporation for investor relations services to enhance communication with the investment community and manage shareholder inquiries regarding recent developments [1][3]. Group 1: Engagement Details - Lagace Capital Corporation will provide services for an initial one-year term starting January 1, 2026, with a month-to-month continuation option thereafter [3]. - Lagace will receive a monthly cash fee of $6,000 and 200,000 vested stock options at $0.10 per common share, valid for five years [3]. Group 2: Company Overview - Atomic Minerals Corp. is a publicly listed exploration company on the TSX Venture Exchange under the symbol ATOM, focusing on identifying exploration opportunities in underexplored regions with geological similarities to areas with previous uranium discoveries [5]. - The company’s property portfolio includes uranium projects in three North American locations, with significant technical merit and historical uranium production [6]. - The Colorado Plateau properties have previously produced 597 million pounds of U3O8, while additional projects are located in the Athabasca Basin and Northern Saskatchewan, covering a total exploration area of 6,495 hectares [6].
LaFleur Minerals Closes LIFE, Flow Thru and Final Hard Dollar Offering for $900,000 to Complete Total of $7,800,421 Funding to Restart Beacon Gold Mill Production Operations in Abitibi Greenstone Belt
TMX Newsfile· 2026-01-05 14:20
Core Viewpoint - LaFleur Minerals Inc. has successfully closed a non-brokered hard dollar private placement, raising a total of $900,000 to support its gold production operations and general working capital needs [1][2]. Financing Details - The company issued 1,800,000 units at a price of $0.50 per unit, with each unit consisting of one common share and one warrant to purchase an additional common share at $0.75 within 36 months [1]. - A cash commission of $63,000, representing 7% of the gross proceeds, was paid to qualified finders and brokers, along with 126,000 broker warrants [3]. Strategic Importance - The total financing raised by the company amounts to $7,800,421, marking a significant transition from exploration to near-term gold production [4]. - The funds will be utilized for the commissioning and restart of gold production at the Beacon Gold Mine and Mill, as well as for the Swanson Gold Project in Val d'Or, Québec [2][4]. Project Development - The Beacon Gold Mill has been recently updated and is capable of processing over 750 tonnes per day, enhancing its potential for processing mineralized material from the Swanson Gold Project [6]. - The company is nearing completion of a Preliminary Economic Assessment (PEA) that will provide a comprehensive economic study for sourcing mineralized material from the Swanson Gold Project [4].