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New Zealand Government Publishes Its Critical Minerals List - Naming Gold and Antimony. RUA GOLD Provides Exploration Update on the Reefton Project's Extensive Antimony Potential
Newsfile· 2025-02-03 12:00
New Zealand Government Publishes Its Critical Minerals List - Naming Gold and Antimony. RUA GOLD Provides Exploration Update on the Reefton Project's Extensive Antimony PotentialFebruary 03, 2025 7:00 AM EST | Source: Rua Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - February 3, 2025) - Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) ("RUA GOLD" or the "Company") executives attended the launch event for the Minerals Strategy for New Zealand to 2040 and Critical Minerals List e ...
Ridgeline Minerals Announces Upsized Non-Brokered Private Placement up to $4,200,000
Newsfile· 2025-01-31 13:00
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce that in connection with its previously announced non-brokered private placement (January 22, 2025 news release) the Company has increased the size of the private placement up to 28,000,000 units (the "Units"), at a price of $0.15 per Unit, for aggregate gross proceeds of up to $4,200,000 (the "Upsized Private Placement"). Ea ...
Canterra Outlines 2025 Drill Targets at the Buchans Critical Minerals Project
Newsfile· 2025-01-29 12:00
Canterra Outlines 2025 Drill Targets at the Buchans Critical Minerals ProjectJanuary 29, 2025 7:00 AM EST | Source: Canterra Minerals CorporationVancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (FSE: DXZB) ("Canterra" or the "Company") is pleased to announce its 2025 exploration plans for the Buchans Critical Minerals Project (the "Buchans Project"), located in the Central Newfoundland Mining District. (Figure 1). Figur ...
Canadian Critical Minerals Generates USD$167,000 in Revenue from Bull River Mine
Newsfile· 2025-01-28 13:00
Calgary, Alberta--(Newsfile Corp. - January 28, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to report revenues for the Company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River Mine ("BRM") project near Cranbrook, BC. During the month of December 2024, the Company trucked 424 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximatel ...
Happy Creek Minerals is targeting resource expansion at its high-grade Fox tungsten project
Proactiveinvestors NA· 2025-01-22 18:46
Company Strategy and Focus - The company is repositioning itself as a tungsten-focused player, with its high-grade Fox tungsten project being the centerpiece of its strategy [2] - The Fox project is located in a stable jurisdiction (British Columbia, Canada) and is considered highly significant due to the strategic importance and limited supply of tungsten [3] - The company aims to expand the Fox resource from 1 million tons to 3-5 million tons at 1% WO3 through a 100-hole, 10,000-meter drill program set to begin in mid-2025 [6] - The company is seeking funding from the US Department of Defense for critical minerals projects, following the example of Fireweed Metals, which secured $18.5 million from the same source [7][8] Resource and Project Details - The Fox project has a 2018 resource estimate of 582,400 tons at 0.83% WO3 (indicated) and 565,400 tons at 1.23% WO3 (inferred) [4] - The resource estimate covers only a small part of the project, with a 10 km by 5 km mineralized trend identified through geological mapping and previous drilling [5] - The company believes that expanding the resource to 3-5 million tons would make the Fox project a viable deposit [7] Asset Management and Transactions - The company sold its Highland Valley copper project for $300,000 in cash and 9.9% equity in Metal Energy, with potential to increase its stake to 20% over four years and retain a 2.5% net smelter return royalty [11][12] - The company is seeking strategic alternatives for its other assets, such as the Silverboss molybdenum-copper-gold-silver project, to retain exposure to their upside through option agreements, joint ventures, or sales [10][13] - The company has raised approximately $500,000 in cash through non-dilutive means, positioning it well to execute its strategy [14] Industry Context - Tungsten is a critical mineral with high demand in military, clean energy, and advanced manufacturing sectors due to its high melting point and density [3] - The company's focus on tungsten aligns with the strategic importance of critical minerals, particularly in stable jurisdictions like Canada [3]
Ridgeline Minerals Announces Non-Brokered Private Placement
Newsfile· 2025-01-22 13:00
Not for dissemination in the United States or through U.S. newswiresAll dollars are Canadian unless otherwise notedVancouver, British Columbia--(Newsfile Corp. - January 22, 2025) - Ridgeline Minerals Corp. ("Ridgeline" or the "Company") (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) is pleased to announce a non-brokered private placement (the "Private Placement") to raise gross proceeds of up to $3,500,000 through the sale of up to 23,333,333 units ("the Units") at the price of $0.15 per Unit. Each Unit consists ...
Formation Minerals, Inc. Announces Entry Into $1,000,000 Common Stock Purchase Agreement and Corporate Update
Prism Media Wire· 2025-01-21 12:55
Formation Minerals, Inc. Announces Entry Into $1,000,000 Common Stock Purchase Agreement and Corporate Update Jacksboro, TX, January 21, 2025 – PRISM MediaWire – Formation Minerals, Inc. “Formation” or the “Company”) (OTCQB: FOMI), a pure play oil and gas company based in Jacksboro, Texas, engaged in the acquisition and management of mineral and royalty interests in lower risk, onshore oil and gas properties within the major oil and gas plays in the United States, today announced that on January 14, 2025, ...
Ucore Awarded Funding by Ontario Critical Minerals Innovation Fund
Newsfile· 2025-01-21 12:13
Halifax, Nova Scotia--(Newsfile Corp. - January 21, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), is pleased to announce that the Company has been awarded $500,000 in partnership with Ontario's Critical Minerals Innovation Fund (the "Fund"). The non-dilutive funding contribution is for the advancement of the Continuous Improvement Process at the Company's RapidSXTM Commercial Demonstration Facility in Kingston, Ontario. "Investing in critical mineral advancements, li ...
Stillwater Announces Flow-Through Private Placement for the Kluane Critical Minerals Project in Yukon, Canada
ACCESSWIRE Newsroom· 2025-01-21 12:00
Stillwater Announces Flow-Through Private Placement for the Kluane Critical Minerals Project in Yukon, Canada ...
Ridgeline Minerals Expands Copper-Gold Porphyry Targets with Infill IP Survey at the Big Blue Project, Nevada
Newsfile· 2025-01-20 13:00
Ridgeline Minerals Expands Copper-Gold Porphyry Targets with Infill IP Survey at the Big Blue Project, NevadaJanuary 20, 2025 8:00 AM EST | Source: Ridgeline Minerals Corp.Vancouver, British Columbia--(Newsfile Corp. - January 20, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce the results of its Phase II, induced polarization ("IP") geophysical survey at the Big Blue ("Big Blue") porphyry copper ("Cu") - gold ("Au") ...