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Spark Energy Minerals to Attend Lithium & Critical Mineral Summit in Brazil
Newsfile· 2025-06-03 21:30
Company Participation - Spark Energy Minerals Inc. is participating as an Executive Dinner Sponsor and speaker at the 2nd Annual Lithium and Critical Mineral Summit in Belo Horizonte, Brazil from June 3rd to 5th, 2025 [1][2]. Industry Event Overview - The Brazil Lithium & Critical Minerals Summit is a significant event focused on Brazil's Lithium Valley, endorsed by Invest Minas, and aims to connect key industry players and international companies interested in lithium and critical mineral reserves [2][3]. - The inaugural summit attracted over 350 industry leaders from more than 25 countries, featuring over 50 speakers and facilitating over 180 private business meetings [3]. Notable Attendees - Key attendees of the summit include Sigma Lithium, Pilbara Minerals, Lithium Ionic, European Investment Bank, and Vale [4]. Company Project Focus - Spark Energy Minerals' CEO and Vice President of Exploration will engage with industry participants to discuss the Arapaima Lithium and Rare Earth Elements (REE) Project, which covers a land package of 919 km² and shows promising lithium and REE potential [5][6]. - The Arapaima project has identified 123 pegmatite occurrences across 13 trends with a combined strike length of 31 km, and has reported anomalous lithium values in rock chip samples up to 1,397 ppm Li [7]. Project Highlights - The project has promising REE mineralization with soil samples returning over 3,000 ppm Total Rare Earth Oxides (TREO) and stream sediments exceeding 6,000 ppm TREO [7]. - The project is well-positioned with excellent access via sealed roads and proximity to established infrastructure, including the Sigma Lithium mine located just 15 km away [7]. Corporate Development - Spark Energy Minerals has appointed Bonn Smith as Vice President of Corporate Development, bringing over 15 years of capital markets expertise [11][12].
Ridgeline Minerals Sells Tungsten and Critical Metals Project to Midasco Capital Corp.
Newsfile· 2025-06-03 11:30
Core Viewpoint - Ridgeline Minerals Corp. has entered into a share purchase agreement with Midasco Capital Corp. for the sale of its wholly owned subsidiary, Spartan Exploration Nevada Corporation, which holds the Eagle Property, a high-grade tungsten and critical metals project in Nevada [1][3]. Company Overview - Ridgeline Minerals is focused on precious and base metal exploration with a portfolio of seven projects across 200 km² in Nevada, USA [19]. - The company aims to maximize shareholder value through strategic transactions and partnerships, while continuing to advance its exploration portfolio [3]. Transaction Details - Midasco will acquire 100% of Spartan, which includes 244 lode mineral claims in White Pine County, Nevada [1]. - The Eagle Property is noted for its historical production of tungsten, with past operations yielding 8,352 Metric Ton Units of Tungsten trioxide at average grades of 0.6-1.0% from 1917 to 1956 [2]. - Ridgeline will receive a 1% net smelter return royalty on the Eagle Property and any additional ground staked within a 2-mile area of interest [4]. Future Plans - Midasco plans to reactivate its listing on the TSX Venture Exchange and rename itself to "Spartan Metals Corp." following the acquisition [4][6]. - The transaction includes the issuance of common shares to Ridgeline, representing 19.9% of Midasco's total shares at closing, with additional shares to be issued on the one-year anniversary of the closing [6][8]. Exploration Potential - The Eagle Property is recognized for its significant exploration potential, which Midasco intends to develop as its flagship asset [3][4].
Canterra Minerals Intersects 68 metres of 1.0% CuEq from Surface at the Buchans Project, Newfoundland
Newsfile· 2025-06-03 11:00
Canterra Minerals Intersects 68 metres of 1.0% CuEq from Surface at the Buchans Project, Newfoundland June 03, 2025 7:00 AM EDT | Source: Canterra Minerals Corporation Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (FSE: DXZB) ("Canterra" or the "Company") is pleased to announce additional drilling results from its ongoing 10,000 metre ("m") drill program at its 100% owned Buchans Project in the Central Newfoundland Mining District, lo ...
Spark Energy Minerals Files NI 43-101 Technical Report for Arapaima Lithium & REE Project, Brazil and Provides Overview
Newsfile· 2025-06-02 20:05
Core Viewpoint - Spark Energy Minerals Inc. has published its maiden NI 43-101 Technical Report for the Arapaima Lithium and Rare Earth Elements (REE) Project, confirming its potential as a highly prospective early-stage exploration project in Brazil's "Lithium Valley" [1][2][4]. Project Overview - The Arapaima project covers approximately 919 km² in northeastern Minas Gerais, Brazil, and is located near several towns and established infrastructure [5][6]. - The project area is about 550 km from Belo Horizonte, with good access via sealed highways and proximity to the Sigma Lithium mine, which is only 15 km away [6][7]. Geological and Mineralization Insights - The project lies within the Eastern Brazilian Pegmatite Province, known for its lithium-cesium-tantalum (LCT) and gem pegmatites, with Minas Gerais hosting about 90% of this province [10]. - Target mineralization includes LCT-type granitic pegmatites and REO clay deposits, with field observations indicating pegmatites ranging from centimeters to approximately 200 m thick [12][13]. - The report identifies 123 individual pegmatite occurrences across 13 trends with a combined strike length of 31 km, with notable lithium values found in rock chip samples (up to 1,397 ppm Li) and stream sediments (up to 191 ppm Li) [7][17]. Exploration History and Future Plans - Since November 2024, the company has engaged in extensive exploration activities, including reprocessing regional data and conducting ground mapping and sampling, resulting in the identification of four high-priority exploration targets [15]. - The Cruzeta Target has shown the highest lithium assays to date, indicating the potential for highly evolved LCT pegmatites in the area [17]. Rare Earth Element Potential - The Caladão Granite area has shown promising REE mineralization, with soil samples returning over 3,000 ppm TREO and stream sediments exceeding 6,000 ppm TREO [19][20]. - The contiguous tenements with Axel REE Limited have reported significant gallium and REE results, enhancing the project's attractiveness [19][20].
Panther Minerals Announces CEO Transition and Debt Settlement
Thenewswire· 2025-05-31 03:00
Management Changes - Mr. Robert Birmingham has stepped down as Chief Executive Officer of Panther Minerals Inc., effective immediately [1] - Mr. Birmingham has been appointed as an independent director on the board, effective immediately [2] - The company has initiated a search for a new Chief Executive Officer and will provide updates as the process progresses [3] Debt Settlement - Panther Minerals has entered into a debt settlement agreement to settle outstanding debts totaling $14,785.71 with an arms-length creditor [4] - The company will issue 924,106 shares at a deemed price of $0.016 per share as part of the debt settlement [4] - The shares issued will be subject to a hold period of four months and one day [4] Financial Strategy - The board of directors believes completing the debt settlement is in the best interests of the company to preserve cash for working capital [5] Company Overview - Panther Minerals is a mineral exploration company focused on its North American project portfolio, particularly in high-quality uranium projects [6]
CopAur Minerals, a Metals Group Company, Closes Oversubscribed Non-Brokered Private Placement with Strong Industry Participation
Newsfile· 2025-05-31 00:32
Core Viewpoint - CopAur Minerals successfully closed an oversubscribed non-brokered private placement, raising a total of $505,500 through the issuance of 5,055,000 units at a price of $0.10 per unit, reflecting strong investor demand and confidence in the company's future direction [1][2]. Group 1: Private Placement Details - The private placement was upsized due to strong demand from seasoned mining investors and strategic industry participants, indicating robust internal alignment within the company [2]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.15 for 18 months [3]. - The company has paid $33,635 in finders' fees and issued 336,350 finder warrants under similar terms as the main warrants [4]. Group 2: Use of Proceeds - Net proceeds from the private placement will be allocated for general working capital and to advance high-priority exploration projects, particularly the Kinsley Mountain Gold Project in Nevada, which has near-term discovery potential [5][6]. Group 3: Company Overview - CopAur Minerals Inc. is focused on developing mineral projects in resource-rich mining districts of Nevada, with a strong team experienced in discovery and value creation [6]. - The flagship asset is the Kinsley Mountain Gold Project, located approximately 90 kilometers south of the Long Canyon Mine, currently operated under the Newmont/Barrick joint venture [6].
Ridgeline Minerals Acquires High-Grade Oxide Gold Project, Further Consolidating Land Position at the Atlas Project, Nevada
Newsfile· 2025-05-29 12:00
Core Viewpoint - Ridgeline Minerals Corp. has entered into an exploration earn-in option agreement to acquire a 100% interest in the Trench oxide gold project, further consolidating its land position at the Atlas project in Nevada [1][2]. Project Overview - The Trench project consists of 31 Bureau of Land Management lode mining claims covering 2.2 square kilometers, located approximately 30 kilometers southwest of Carlin, Nevada [2]. - The project hosts a Carlin-Type gold system with historical grades of up to 5.6 grams per tonne (g/t) gold [2][3]. - The area has seen limited modern exploration, with previous work conducted in the 1990s [2]. Exploration Plans - Ridgeline plans to conduct an expanded rock chip sampling and field mapping campaign in the second half of 2025 to enhance the existing geochemical database [4]. - The current dataset includes high-grade rock chips ranging from 1.8 g/t Au to 5.6 g/t Au [6]. Financial Terms - Upon closing the agreement, EMX will retain a 3.0% net smelter return (NSR) royalty, which can be reduced to 2.0% through specific payments and exploration expenditures [13]. - Ridgeline will make annual advance royalty payments of $50,000 until commercial production begins [14]. Technical Information - The project is characterized by classic Carlin-Type alteration and gold mineralization within outcropping Pennsylvanian to Permian age rocks [17]. - Ridgeline's exploration strategy focuses on systematically advancing underexplored projects in known gold districts [2]. Company Background - Ridgeline Minerals is a precious and base metal explorer with a 200 square kilometer exploration portfolio across seven projects in Nevada [18].
CEO.CA's Inside the Boardroom: Inside Mustang's Big Bet On Uranium And Critical Minerals
Newsfile· 2025-05-28 20:14
Group 1 - CEO.CA is a leading investor social network focused on venture stocks, providing exclusive updates and insights from CEOs and executives globally [1][2] - Founded in 2012, CEO.CA is a wholly owned subsidiary of EarthLabs, Inc., and is recognized as one of the most popular free financial websites and apps in Canada, attracting millions of users annually [2][6] - The platform facilitates connections among investors, enabling them to share knowledge and discuss impactful stories related to stocks, commodities, and emerging companies [2][6] Group 2 - Mustang Energy Corp. has made a significant move in the uranium sector by acquiring Nucleus Uranium, adding over 18,000 hectares to its portfolio [4] - The CEO of Mustang Energy, Nicholas Luksha, discusses the strategic implications of this acquisition and the current state of the uranium market in an exclusive interview [4] - The interview series 'Inside the Boardroom' aims to provide insights from industry leaders, focusing on their vision, challenges, and strategies [3][5]
Talon Metals and Westmoreland Mining Sign Land Agreement to Progress North Dakota Minerals Processing Facility
Newsfile· 2025-05-28 17:00
Core Viewpoint - Talon Metals Corp. has secured a site from Westmoreland Mining to develop the Beulah Minerals Processing Facility, aimed at processing critical minerals to reduce U.S. dependence on foreign sources, particularly China and Russia [1][3]. Group 1: Project Overview - The Beulah Minerals Processing Facility (BMPF) will be located on approximately 256 acres of the former Westmoreland coal mine site in Mercer County, North Dakota, and will include a 7-mile rail spur for transportation [3][10]. - The facility is expected to process high-grade nickel and copper ore sourced from the Tamarack mine in Minnesota and other North American locations, enhancing the efficiency of mineral extraction [5][9]. - The project is supported by a $114.8 million grant from the U.S. Department of Energy and an additional $2.47 million from the Defense Logistics Agency for innovative research [3][4]. Group 2: Economic and Employment Impact - The BMPF is projected to create up to 150 high-quality direct jobs and hundreds more during its construction phase, contributing to local economic growth [3][4]. - The project is seen as a significant step towards strengthening America's economic and national security by establishing a domestic supply chain for critical minerals [3][4]. Group 3: Strategic Importance - The BMPF represents a collaboration across energy, mining, and critical mineral industries, transforming a legacy coal mine into a hub for critical minerals processing [3][4]. - This initiative aligns with U.S. strategies to reduce reliance on foreign-sourced critical minerals and positions the country as a leader in critical mineral processing [4][9]. Group 4: Agreement Details - Talon has a three-year purchase option for the land, with an initial three-month due diligence period, allowing the company to secure the property at its discretion [10][11]. - Upon exercising the purchase option, Talon will pay Westmoreland $0.50 per metric ton of ore delivered to the BMPF, with a cap on the total purchase price set at $10 million [14][15].
Stillwater Critical Minerals Announces Participation in THE Mining Investment Event of the North in Quebec City
Newsfile· 2025-05-28 11:00
Company Overview - Stillwater Critical Minerals Corp. is a mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project located in Montana's Stillwater mining district [4] - The company has strategic investments from Glencore plc and has added two renowned geologists to its team, positioning it well for advancing critical mineral supply [4] - Stillwater holds a 49% interest in the Drayton-Black Lake gold project and other critical mineral projects in Canada and Alaska [5] Project Highlights - The Stillwater West project is adjacent to Sibanye-Stillwater's operations and is emerging as a potential large-scale source of ten critical commodities including platinum, palladium, rhodium, gold, nickel, copper, cobalt, chromium, iridium, and ruthenium [2] - An expanded NI 43-101 mineral resource estimate released in January 2023 positions Stillwater West with the largest nickel-platinum group element resource in an active U.S. mining district [4] Upcoming Events - The company will participate in THE Mining Investment Event of the North in Quebec City from June 3rd to 5th, 2025, where management will meet with investors and industry professionals [1] - Investors are invited to schedule one-on-one meetings to discuss upcoming catalysts including government initiatives and planned exploration campaigns announced on March 26, 2025 [2]