Core Insights - Spark Energy Minerals Inc. has reported promising rare earth element (REE) surface sampling results from its Caladão Target within the Arapaima Project in Brazil, indicating significant potential for critical mineral resource exploration [1][4][22] Exploration Highlights - The Caladão Target encompasses approximately 4,000 hectares of exploration tenements, adjacent to Axel REE Limited's project, which is advancing its REE-Gallium discovery [4][10] - Surface sampling results include a peak value of 6,417 ppm Total Rare Earth Oxides (TREO) from 30 stream sediment samples, with 11 samples exceeding 1,000 ppm TREO [4][16] - Soil sampling results show a peak value of 3,041 ppm TREO from 36 samples, with 4 samples reporting values greater than 2,000 ppm TREO and 14 samples exceeding 1,000 ppm TREO [12][13] - Anomalous Gallium values were also reported, with a peak of 94.07 ppm Ga2O3 [13] Geological Context - The geological profile in the Caladão region includes a regolith profile up to 50 meters thick, comprising a ferruginous lateritic horizon rich in Aluminum and Gallium, and a clay-rich saprolite horizon enriched in REE [11][13] - The exploration results from Spark are comparable to those reported by Axel REE during their early exploration phases, reinforcing the potential of the Caladão Granite region as a hub for rare earth mineralization [4][22] Future Plans - Following the encouraging results, the company plans to accelerate its REE exploration activities and advance its lithium targets towards drill testing later in 2025 [18][19] - The company is evaluating follow-up exploration strategies, including auger and air core drilling to further delineate the REE and Gallium potential across the tenement package [19][21] Financial Position - The recent funding arrangement with Sorbie Capital enhances the company's financial position, supporting its dual focus on advancing lithium and REE exploration programs in Brazil [19][22]

Core Insights - Homerun Resources Inc. submitted a proposal for strategic mineral transformation funding from BNDES and FINEP, highlighting strong industry interest in Brazil's energy transition [1][2] - The proposal is unique as it is the only one from a silica/silicon company, focusing on transforming raw materials into high-value solar glass, aligning with the funding call's goals [2][3] - The project aims to boost domestic value addition, create skilled jobs, and stimulate local economies while advancing technological innovation [3] Funding Program Details - The funding program amounts to R$5 billion (approximately US$824 million) and is part of the New Industry Brazil initiative, supporting large-scale industrial plants and pilot projects [4] - Approximately R$8 billion is reserved for investments in company equity, partly in partnership with mining leader Vale, to leverage additional private investment [4] Company Overview - Homerun is a vertically integrated materials leader focused on green energy solutions through advanced silica technologies, controlling the full industrial vertical from raw material extraction to energy solutions [6][10] - The company has developed a 120,000 tpy processing plant to facilitate domestic and international sales of processed silica [9] - Homerun maintains a commitment to ESG principles, utilizing sustainable production technologies and benefiting local communities [11]

CopAur Minerals Engages Thorne Solutions for Nevada Permitting and Advances Work at Past-Producing Gold ProjectsMay 08, 2025 9:30 AM EDT | Source: CopAur Minerals Inc.Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - CopAur Minerals Inc. (TSXV: CPAU) (the "Company") is pleased to announce that it has engaged Thorne Solutions LLC, based in Carson City, Nevada, to support permitting efforts at the Company's Kinsley Mountain and Troy Canyon gold projects, both located in Nevada. These ...

Glenstar Minerals Stakes 45 Claims in Mineral County, Nevada, and Initiates Direct Marketing Awareness CampaignMay 08, 2025 8:35 AM EDT | Source: Glenstar Minerals Inc.Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO2) ("Glenstar" or the "Company") announces that it has staked 45 mineral claims, representing 900 acres (364 hectares) in Mineral County, Nevada. Mineral County lies approximately 100 miles south of Lake Tahoe ...

Core Viewpoint - Ivanhoe Electric's subsidiary, Cordoba Minerals Corp., has signed a definitive agreement to sell its remaining 50% stake in the Alacrán Copper Project in Colombia for a total consideration of up to US $128 million, which includes initial and deferred cash payments as well as contingent payments based on copper prices [1][3][4] Financial Summary - The initial cash proceeds from the transaction will amount to US $88 million, with an additional US $12 million to be paid upon the commencement of commercial production or within 36 months from closing [3][6] - A potential contingent payment of up to US $28 million is based on copper prices exceeding US $13,000 per tonne [4] - After accounting for working capital reserves and other costs, approximately US $65 to US $70 million in cash is expected to be available for distribution to Cordoba shareholders, with Ivanhoe Electric's share exceeding US $40 million [5] Transaction Details - The transaction involves the sale of two wholly owned subsidiaries of Cordoba to Veritas Resources AG, which currently holds the other 50% interest in the Alacrán Copper Project [3] - The agreement stipulates that the transaction must be completed by December 31, 2025, subject to various approvals including those from the TSX Venture Exchange and Cordoba shareholders [6] Future Prospects - Following the transaction, Cordoba will remain a publicly listed company and will continue to pursue business development opportunities, including the potential to earn up to 80% interest in the Perseverance Copper Project in Arizona [7]

Sokoman Minerals Corp. Closes First Tranche of Critical Mineral Flow-Through Private PlacementMay 07, 2025 4:59 PM EDT | Source: Sokoman Minerals Corp.St. John's, Newfoundland and Labrador--(Newsfile Corp. - May 7, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to announce that, further to its April 25, 2025, news release, the Company has filed documents with the TSX Venture Exchange (the "Exchange") and received conditional approval for its C ...

Group 1: Company Announcements - Canadian Critical Minerals Inc. (CCMI) held its annual and special meeting on April 29, 2025, where shareholders approved all business matters, including the re-election of directors and the appointment of auditors [1] - The shareholders also approved the Company's rolling stock option plan [1] Group 2: Operational Updates - CCMI shipped 11 trucks of high-grade mineralized copper material to New Afton in the last three days of April 2025, following the removal of road restrictions by the Ministry of Transportation and Infrastructure of British Columbia [2] - The Company plans to continue trucking higher-grade mineralized copper material to New Afton throughout May 2025, utilizing both stockpiled material and new material processed through the ore sorter [2] Group 3: Company Profile - CCMI is primarily focused on two near-term copper production assets in Canada, with its main asset being the 100% owned Bull River Mine project, which contains over 150 million pounds of copper [3] - The Company also holds a 10% interest in XXIX Metals Corp., which owns the Thierry copper project and the Opemiska copper project [3]

SALT LAKE CITY, May 05, 2025 (GLOBE NEWSWIRE) -- Diamond Lake Minerals, Inc. (OTC: DLMI), a multi-strategy operating company focused on digital assets and SEC-registered security tokens, today announced the formation of its Advanced Materials & IP Division (AMIPD)-a wholly integrated division within DLMI that will spearhead the Company’s exploration into frontier intellectual property over the coming decade. AMIPD functions as a direct extension of DLMI; all IP and activity under AMIPD are wholly owned and ...

St. John's, Newfoundland and Labrador--(Newsfile Corp. - May 2, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to provide the following update from the 100%-owned Moosehead Gold Project in central Newfoundland. Activities at Moosehead are focused on the first of two bulk samples proposed for 2025, which is tentatively scheduled for a late May or early June extraction date. The exact timing could vary depending on contractor availability or other as yet unf ...

Sokoman Minerals Corp. Files for Conditional Approval, Closes First Tranche of Non-Brokered Flow-Through Private-Placement FinancingMay 01, 2025 4:36 PM EDT | Source: Sokoman Minerals Corp.St. John's, Newfoundland and Labrador--(Newsfile Corp. - May 1, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") is pleased to announce that, further to its April 25, 2025, news release, the Company has filed documents with the TSX Venture Exchange (the "Exchange") seeki ...