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RT Minerals Corp. Commences Exploration Plans at Case Batholith Property
Newsfile· 2025-03-26 13:20
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2025) - RT Minerals Corp. (TSXV: RTM) (OTC Pink: RTMFF) (the "Company" or "RTM") announce the initiation of its 2025 exploration program at the Case Batholith Property, located approximately 85 km northeast of Cochrane, Ontario. The property encompasses a significant portion of the Case Batholith complex, an oval-shaped geological formation approximately 150 km long and 60 km wide, which is largely unexplored. The Case Batholith is considered prospec ...
Solis Minerals Announces TSXV Approval of Tranche 2 Placement Closing Date
Newsfile· 2025-03-25 22:41
Solis Minerals Announces TSXV Approval of Tranche 2 Placement Closing DateMarch 25, 2025 6:41 PM EDT | Source: Solis Minerals Ltd.Perth, Western Australia--(Newsfile Corp. - March 25, 2025) - Solis Minerals Limited (ASX: SLM) (TSXV: SLMN) (OTCQB: SLMFF) (FSE: 08W) ("Solis Minerals" or "the Company") provides the following update regarding its Tranche 2 placement.Under TSX Venture Exchange ("TSXV") requirements, placements must close within 45 days of announcement. Solis Minerals announced its ...
U.S. GoldMining Applauds U.S. Presidential Executive Order Recognizing Copper & Gold as 'Critical Minerals' - Strong Economic and Policy Tailwinds will benefit Whistler Gold-Copper Project, Alaska
Prnewswire· 2025-03-24 10:00
ANCHORAGE, Alaska, March 24, 2025 /PRNewswire/ - U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining" or the "Company") welcomes the signing of an Executive Order by President Donald Trump titled "Immediate Measures to Increase American Mineral Production". The Executive Order directs government agencies to immediate action to facilitate domestic mineral production to the maximum extent possible, including copper and gold. This decision underscores the essential role these metals play in energy security, ...
Aura Minerals: Still Better Than Gold
Seeking Alpha· 2025-03-24 02:56
Group 1 - The article discusses the coverage of Aura Minerals, highlighting insights gained from meetings with company management regarding their operating processes, capacity expansion, and cost curve [1] - The author emphasizes the importance of experience in analyzing diverse industries, including airlines, oil, retail, mining, fintech, and e-commerce, as well as macroeconomic and political factors [1] - The author reflects on their extensive experience through various crises, which provides a strong foundation for understanding and benefiting from new ideas and business models [1] Group 2 - The article does not contain any relevant content regarding company disclosures or performance guarantees [2][3]
Ridgeline Minerals Closes $500k Private Placement
Newsfile· 2025-03-21 19:37
Core Points - Ridgeline Minerals Corp. has successfully closed a non-brokered private placement, issuing 2,174,000 common shares at a price of $0.23 per share, resulting in gross proceeds of $500,020 [1][2] Group 1: Financial Details - The proceeds from the private placement will be allocated to fund exploration activities at the Company's Nevada projects and for general working capital [2] - All shares issued will be subject to a statutory hold period of four months and one day, expiring on July 21, 2025 [2] Group 2: Company Overview - Ridgeline Minerals is focused on precious and base metal exploration, with a management team and a portfolio of seven projects covering 200 km² in Nevada, USA [4] - The Company holds a mix of 100%-owned exploration assets and earn-in agreements with Nevada Gold Mines and South32 for additional projects [4]
LaFleur Minerals Provides Update on Beacon Mill Restart, Results of Annual General and Special Meeting, and Swanson Gold Deposit Exploration and Drilling Updates
Newsfile· 2025-03-21 13:15
Core Viewpoint - LaFleur Minerals is advancing its operations with a focus on restarting the Beacon Mill and exploring the Swanson Gold Project, aiming to transition from an exploration company to a near-term gold producer in a highly prospective mining region [2][10]. Group 1: Beacon Mill Restart - The Beacon Mill, located in Val-d'Or, Québec, is fully refurbished and permitted, with an operating capacity exceeding 750 tons per day [2][10]. - The company plans to restart production by processing bulk samples and mineralized material from nearby deposits, with a target to complete all necessary restart work and obtain final approvals by the end of 2025 [3][10]. - An environmental services company has been engaged to assess and monitor the environmental effects on the tailings storage facility, and an engineering firm will conduct a geotechnical assessment prior to production [3][10]. Group 2: Swanson Gold Project Updates - The Swanson Gold Project spans over 16,000 hectares and includes several gold-rich prospects, previously held by other mining companies [4][10]. - The project has seen over 36,000 meters of historical drilling, indicating significant exploration and development potential [4][10]. - The company has invested over $1 million in exploration activities, including soil geochemistry, airborne surveys, and is preparing for a diamond drilling program expected to commence in spring [6][10]. Group 3: Annual General and Special Meeting Results - At the Annual General and Special Meeting held on March 7, 2025, shareholders approved the continuation of the company's 10% Rolling Share Option Plan and 20% Restricted Share Unit Plan for an additional three years [7]. - The meeting also approved the acquisition of an exclusive option to acquire 100% interest in certain mining claims and a mining lease in Québec [7]. Group 4: Exercise of Warrants - The company received gross proceeds of $816,750 from the exercise of 7,425,000 warrants, which were issued during a private placement in March 2023 [8].
Altius Minerals: Prospect Generator And Royalty Company Offers Broad Diversified Exposure To Commodities And Gold
Seeking Alpha· 2025-03-21 09:44
Altius Minerals ( OTCPK:ATUSF ) is a royalty company and prospect generator. They have a broad array of royalty interests ranging from base metals to potash, gold and an interest in a private renewable power royalty company. Many of their royalties have beenI began investing in precious metals in 2003. I graduated UC Berkeley in 2005 and decided I should learn about money before getting a job. I still haven't gotten that job. Learning about money opened the door to successful speculation and I have been a s ...
Fitzroy Minerals Grant of Stock Options
Thenewswire· 2025-03-20 13:15
VANCOUVER, BRITISH COLUMBIA, March 20, 2025 – FITZROY MINERALS INC. (TSXV: FTZ, OTCQB: FTZFF) (“Fitzroy Minerals” or the "Company") is pleased to announce that it has granted 1,200,000 stock options (each, an “Option”) to purchase up to 1,200,000 common shares (“Common Shares”) of the Company to certain directors, officers, and consultants of the Company under the Company’s stock option plan (the “Plan”). The Options are exercisable at the price of $0.30 per Common Share until March 20, 2030, subject to an ...
Canterra Minerals Expands Newfoundland Exploration Portfolio with Strategic Staking of Seal Pond Massive Sulfide Prospect
Newsfile· 2025-03-18 11:00
Core Viewpoint - Canterra Minerals Corporation has strategically staked 19 mineral claims covering the Seal Pond Volcanogenic Massive Sulfide (VMS) prospect in central Newfoundland, expanding its exploration portfolio in a proven mining jurisdiction [1][3]. Exploration and Acquisition - The newly acquired claims cover an area of 5 km² and are located 20 km east of Canterra's Buchans project, which is known for its high-grade VMS deposits [1][3]. - This acquisition is part of Canterra's strategy to consolidate the Buchans group rocks and enhance the potential for discovering new high-grade critical minerals [3][4]. Geological Significance - The Seal Pond prospect is associated with volcanic rocks of the Mary March Group, which are correlated with productive rocks of the Buchans Group, known for several high-grade VMS occurrences [4]. - Historical drilling results from the prospect have shown significant mineralization, including intervals grading 2.84% Zn and 1.22% Cu [4][5]. Future Plans - Canterra has initiated a comprehensive review of historical exploration data and plans to conduct follow-up field programs to identify drill targets and advance the Seal Pond prospect towards significant new deposits [6]. Corporate Context - Canterra Minerals is focused on critical minerals and gold exploration in central Newfoundland, with a portfolio that includes six mineral deposits near the historic Buchans mine and Teck Resources' Duck Pond mine [11]. - The company acknowledges potential financial support from the Junior Exploration Assistance Program for its 2025 exploration initiatives [7].
Casa Minerals Announces Closing of First Tranche of Private Placement
Newsfile· 2025-03-17 23:32
Core Viewpoint - Casa Minerals Inc. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of up to $250,000 through the issuance of flow-through units at a price of $0.055 each [1][2]. Group 1: Private Placement Details - The first tranche consists of 4,545,455 flow-through units, each unit comprising one common share and one-half common share purchase warrant [2]. - Each full warrant is exercisable at a price of $0.075 until March 17, 2027 [2]. - The net proceeds from the offering will be allocated for exploration and development activities on the company's projects in British Columbia, Canada [2]. Group 2: Regulatory and Compliance Information - All flow-through shares and warrants are subject to a hold period of four months and one day, restricting resale or transfer in accordance with applicable securities laws [3]. - The completion of the private placement is contingent upon approval from the TSX Venture Exchange [3]. Group 3: Insider Participation - The tranche includes a subscription from Mr. Farshad Shirvani, President & CEO of Casa, who subscribed for the entire 4,545,455 flow-through units [4]. - This transaction is classified as a related party transaction and is relying on exemptions from formal valuation and minority shareholder approval requirements [4]. Group 4: Company Overview - Casa Minerals Inc. is engaged in the acquisition, exploration, and development of mineral properties in Canada and the USA [6]. - The company holds a 90% interest in the Congress gold mine located in Arizona, USA, and a 100% interest in the polymetallic Pitman property in British Columbia [6]. - Additionally, Casa has an option to acquire a 75% interest in the Arsenault VMS Property, also in British Columbia [6].