Workflow
MTI(MTX)
icon
Search documents
Stillwater Critical Minerals Provides Corporate Update
Accessnewswire· 2025-11-06 11:00
VANCOUVER, BC / ACCESS Newswire / November 6, 2025 / Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company" or "Stillwater") reports that it is not aware of any undisclosed material change or company-specific development that would account for the recent decline in the Company's share price. The Company further notes that recent share-price movements have occurred in the context of broader market volatility and weakness affecting equities across multiple sectors including the min ...
Linear Minerals Corp. Announces Share Distribution Record Date and the Share Issuance Date Regarding the Plan of Arrangement
Accessnewswire· 2025-11-06 10:00
VANCOUVER, BC / ACCESS Newswire / November 6, 2025 / Linear Minerals Corp. ("Linear" or the "Company") (CSE:LINE)(OTCQB:LINMF)(WKN:A2J C89) announces the share distribution record date of November 25, 2025 (the "Share Distribution Record Date") pursuant to the Plan of Arrangement with Westlinear Minerals Corp. dated August 1, 2025 (the "Arrangement"). Under the terms of the Arrangement, Linear shareholders will be issued one share of Westlinear Minerals Corp. ("Westlinear") with respect to every 10 shares o ...
LaFleur Minerals Advances Swanson Confirmation Drilling to Support Beacon Mill Restart and PEA
Prnewswire· 2025-11-05 19:25
Core Viewpoint - Lafleur Minerals Inc. is advancing towards near-term gold production with the initiation of a confirmation drilling program at its Swanson Gold Deposit, which will support a Preliminary Economic Assessment (PEA) for the restart of gold production at the Beacon Gold Mill [1][5][10] Group 1: Drilling Program and Resource Validation - The confirmation drilling program consists of a 10-hole twinned-drilling campaign aimed at validating historical results and enhancing confidence in the geological model [2][3] - Historical drilling at the Swanson Gold Deposit has exceeded 36,000 meters across 242 holes, with notable intervals including 69.3 meters at 3.03 g/t Au and 51.0 meters at 3.46 g/t Au [3][4] Group 2: Beacon Gold Mill and Production Readiness - The Beacon Gold Mill is undergoing final stages of recommissioning, with a capacity of 750 tonnes per day and a $20 million modernization completed in 2022 [6][12] - Current activities include mechanical and electrical upgrades, installation of a new gravity concentrator circuit, and recruitment of operational staff [7][8] Group 3: Strategic Position and Market Context - Lafleur Minerals is strategically positioned in the Val-d'Or district, which is attracting global producers through mergers and acquisitions targeting long-life, low-risk assets [9][10] - The combination of an owned mill and near-surface feed source allows Lafleur to transition rapidly from development to production, especially with record gold prices above $4,000 per ounce enhancing the economic potential of the restart plan [5][10]
LaFleur Minerals Announces Brokered Private Placement of Gold-Linked Convertible Notes to Finance Restart of Gold Production at Beacon Gold Mill
Newsfile· 2025-11-05 14:15
Core Viewpoint - LaFleur Minerals Inc. is initiating a brokered private placement of gold-linked convertible notes to raise between $4 million and $7 million to finance the restart of gold production at its Beacon Gold Mill in Québec [1][4]. Group 1: Financing Details - The gold-linked convertible notes will have a minimum principal amount of $4 million and a maximum of $7 million [1]. - Each note can be converted into common shares at a price of $0.80 per share and will bear an interest rate of 12% per annum, payable semi-annually [4]. - The notes will mature around November 30, 2028, with annual principal payments starting January 1, 2027 [4]. Group 2: Use of Proceeds - Proceeds from the financing will be allocated for general corporate purposes, operations, equipment, and expenses related to the Beacon Gold Mill restart [1]. Group 3: Agent and Fees - FMI Securities Inc. will act as the lead agent and sole bookrunner, receiving a cash fee of 7% of gross proceeds, reduced to 4% for certain purchasers [4][5]. - The agent will also receive broker warrants equal to 7% of the number of notes sold, with an exercise price of $0.80 [4]. Group 4: Company Overview - LaFleur Minerals is focused on developing gold projects in the Abitibi Gold Belt, with significant potential in the Swanson Gold Project and the Beacon Gold Mill [8]. - The Beacon Gold Mill is capable of processing over 750 tonnes per day and is positioned for custom milling operations for nearby gold projects [8].
Kingman Minerals Prepares for Drilling at High-Grade Mohave Project amid Record Gold Prices
Newsfile· 2025-11-05 07:55
Core Insights - Kingman Minerals Ltd. is advancing its Mohave Project in Arizona, capitalizing on the current high gold prices to create near-term value for shareholders [1][7]. Project Overview - The Mohave Project consists of 72 lode claims covering 1,467 acres (594 hectares), including the historic Rosebud Mine, with historical data indicating a potential of up to 664,000 ounces of gold and 2.6 million ounces of silver [2][11]. - The project is well-positioned due to its location in Arizona, which offers good infrastructure and a favorable mining climate [7]. Exploration and Sampling Results - Kingman has conducted multiple phases of work, including underground reconnaissance and drilling, confirming high-grade gold and silver intercepts [3][8]. - Notable sampling results include 688 g/t Au and 468 g/t Ag over 0.18 m, and 252 g/t Au and 341 g/t Ag over 0.46 m, indicating the presence of bonanza-grade veins [4][6]. Future Plans - The company aims to convert historic grades into NI 43-101-compliant resources and plans extensive exploration work to validate and expand the resource base [8][9]. - The combination of strong assay results and 3D modeling provides multiple pathways for resource expansion, including identifying parallel structures and exploring deeper extensions [8][9].
Dorchester Minerals, L.P. Announces the Passing of C.W.
Globenewswire· 2025-11-04 22:48
Core Points - Dorchester Minerals, L.P. mourns the passing of C.W. "Bill" Russell, a long-time member of the Board of Managers and Chairman of the Audit Committee since 2004 [1][2] - Bill Russell's extensive experience in energy taxation and leadership at KPMG provided significant expertise to the Partnership over the years [2] - The Board of Managers has appointed Allen D. Lassiter as the new Chairman of the Audit Committee and plans to appoint another Independent Manager by year-end [3] - Dorchester Minerals, L.P. is based in Dallas and owns interests in oil and natural gas across 28 states, with its common units traded on NASDAQ under the symbol DMLP [3]
LaFleur Minerals Provides Update on Confirmation Drilling for PEA at Swanson Gold Deposit and Beacon Gold Mill, Val-d'Or, Québec
Newsfile· 2025-11-04 13:00
Core Viewpoint - LaFleur Minerals is advancing its twinned-hole drilling program at the Swanson Gold Deposit to support a Preliminary Economic Assessment (PEA) for restarting gold production at the Beacon Gold Mill, leveraging high gold prices and historical drilling data to enhance economic viability [1][7][17]. Drilling Program Details - The twinned-hole drilling program will consist of 10 holes aimed at collecting data to confirm the economic viability of a potential open-pit operation, targeting areas near historical drill hole locations [2][3]. - Historical drilling data includes over 36,000 meters from 242 drill holes, with significant high-grade intervals such as 69.3 meters at 3.03 g/t Au and 51.0 meters at 3.46 g/t Au [2][9]. Historical Data Validation - The drilling program aims to validate historical drilling conducted by Lac Minerals, Phoenix Matachewan Mines, and Agnico-Eagle Mines, confirming the continuity of high-grade shear zones and improving the mineral resource estimate [3][6]. - The confirmation drilling will also address gaps in the existing resource model, potentially enhancing the estimate of total gold ounces and reducing the strip ratio [3][6]. Strategic Location and Infrastructure - The proximity of the Swanson Gold Deposit to the Beacon Gold Mill, located in the Abitibi Greenstone Belt, positions the company favorably within a major gold-producing region [4][19]. - The Beacon Gold Mill, a recently modernized facility capable of processing 750 tonnes per day, is undergoing upgrades and repairs to prepare for recommissioning [13][14]. Economic Potential - The current gold price, hovering around US$4,000 per ounce, significantly enhances the economic appeal of restarting the Beacon Gold Mill, offering strong margins and accelerated payback potential [17]. - The company estimates approximately 10,000-20,000 tonnes of mineralized stockpiles available for initial trial runs, which will help fine-tune operations before full production [15][19]. Market Context - Recent regional mergers and acquisitions indicate that major global producers are entering the Val-d'Or camp to secure long-life, low-risk gold assets, validating the strategic importance of LaFleur's projects [15][19]. - The combination of the Beacon Gold Mill and Swanson Gold Project may be undervalued compared to district pricing precedents established through regional M&A activity [15].
Forte Minerals Closes a Second C$5.7 Million Strategic Investment and Additional Participation from Existing Strategic Investor
Globenewswire· 2025-11-04 13:00
Core Points - Forte Minerals Corp. has successfully closed a non-brokered private placement with a second strategic investor, raising aggregate gross proceeds of C$5.7 million [1][2] - The company issued 6,333,333 common shares at a price of C$0.90 per share, with an additional acquisition by the first strategic investor contributing C$629,154 [2][3] - Total gross proceeds from both placements amount to approximately C$6,329,153 through the issuance of 7,032,393 common shares [3] - The proceeds will be utilized to advance exploration across four Peruvian projects and support general working capital [5] - The company granted 150,000 stock options to consultants, exercisable at C$1.25 per share for five years [6] - Forte Minerals Corp. focuses on copper and gold exploration in Peru, leveraging a strategic partnership to access high-impact targets [7]
Ridgeline Minerals Drills Massive Sulfide CRD Discovery at the Chinchilla Sulfide Target, Selena Project, Nevada
Newsfile· 2025-11-04 12:30
Core Insights - Ridgeline Minerals Corp. announced a significant high-grade zinc-silver-gold-lead-copper-antimony massive sulfide carbonate replacement discovery at the Chinchilla Sulfide target within the Selena project in Nevada, marking a successful start to its maiden drill program [1][5][21] Drilling Results - Drill hole SE25-053 revealed multiple massive sulfide horizons, with notable intercepts including 1.1 meters grading 27.0% Zn, 60.1 g/t Ag, 1.5 g/t Au, 0.7% Pb, 0.4% Cu, and 0.03% Sb, equivalent to 766.4 g/t AgEq [1][7][9] - Another significant intercept in SE25-053 was 17.4 meters grading 6.0% Zn, 35.6 g/t Ag, 0.2 g/t Au, 0.5% Pb, 0.1% Cu, and 0.1% Sb, equivalent to 219.9 g/t AgEq [1][7][9] - The mineralization is characterized as classic CRD, with a primary metal assemblage of Sphalerite-Pyrrhotite-Pyrite-Galena-Chalcopyrite [5][7] Project Overview - The Selena project spans 39 square kilometers and is located in White Pine County, Nevada, approximately 64 km north of Ely [21][22] - The project is currently operated under Phase 1 of an earn-in agreement with South32 Limited, which may earn up to an 80% interest by fulfilling specific milestones [2][21] Future Plans - Drilling activities are set to continue through the end of the year, with regular updates expected as assay results are received [5][21] - The company aims to further delineate the potential of the Chinchilla Sulfide target, which is part of a larger kilometer-scale MT anomaly [5][7]
American Critical Minerals Announces Appointment of Dean Pekeski as Senior Advisor to the Company
Accessnewswire· 2025-11-04 10:00
Group 1 - American Critical Minerals Corp. has appointed Dean Pekeski as Senior Advisor to the Company effective immediately [1] - Dean Pekeski brings over 33 years of experience in senior technical and corporate positions within the mining sector [1] - Pekeski has a specific focus on potash exploration and development for more than 17 years [1]