Workflow
MTI(MTX)
icon
Search documents
American Critical Minerals Provides Update on Seismic Interpretation for its Green River Potash and Lithium Project
Accessnewswire· 2025-10-15 09:00
Core Viewpoint - American Critical Minerals Corp. has provided an update on the seismic interpretation for its Green River Potash and Lithium Project, indicating promising geological conditions for potash and lithium extraction [2][3]. Company Update - Agapito Associates LLC has reviewed the seismic reflection and reprocessing report for the Northern Portion of the Green River Project, with full results to be included in an upcoming Technical Report [2]. - The company has licensed four 2D seismic lines totaling approximately 32.5 miles from Seismic Exchange, which were reprocessed to enhance interpretation [5][11]. Geological Insights - The seismic data indicates relatively flat lying Paradox and Leadville stratigraphy, suggesting suitability for solution mining wells within the Potash Cycles [3][10]. - A time structure map constructed from the seismic data shows a gentle regional dip of about 4% to the north, supporting the potential for solution mining [6][10]. - The data also reveals a northward thickening of the Paradox Formation, which may enhance the quality and volume of lithium and bromine-rich brines [4][10]. Strategic Location - The Green River Project is strategically located near over 50 years of potash production and advanced lithium development, highlighting its potential for successful mining operations [5][12]. - The project benefits from logistical advantages, including proximity to major rail hubs, roads, and labor markets, which are crucial for operational efficiency [12]. Resource Potential - The Paradox Basin is estimated to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in the U.S. [13][14]. - The company has a 43-101 Exploration Target of 0.6-1.0 billion tonnes of sylvanite with potassium oxide grades ranging from 12% to 18% [14]. - Recent exploration targets for lithium and bromine indicate significant brine volumes with lithium grades from 71.6 to 216.3 parts per million and bromine grades from 3,656 to 4,741 parts per million [14]. Market Context - The U.S. currently imports approximately 96.5% of its annual potash requirements, indicating a strong domestic market opportunity [17]. - The global potash market is valued at over $50 billion annually, with a compound annual growth rate of nearly 5%, while annual lithium demand exceeds 1 million tonnes and continues to grow rapidly [17].
Black Stone Minerals: Expects Significant Natural Gas Production Growth
Seeking Alpha· 2025-10-15 05:59
We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Aaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Enterta ...
Forte Minerals Appoints Patrick Evans as Non-Executive Chairman and Announces the Resignation of Long-Standing Director Doug Turnbull
Globenewswire· 2025-10-14 08:30
Core Viewpoint - Forte Minerals Corp. has appointed Patrick Evans as an Independent Director and Chairman of the Board, enhancing the company's governance and strategic direction in developing its copper and gold projects in Peru [1][5][7]. Company Leadership - Patrick Evans brings over 25 years of senior mining executive leadership experience, specializing in mergers and acquisitions, capital markets, and asset development across four continents [2]. - His previous roles include CEO of Dominion Diamond Mines and Mountain Province Diamonds Inc., where he led successful exits and significant value creation [3]. - Evans holds degrees in arts and science from the University of Cape Town and has been recognized with industry awards for his leadership [4]. Board Composition - The Board believes that Evans's expertise in mergers, acquisitions, and multinational operations will support Forte's growth in the mining sector [5]. - As Independent Chairman, Evans will ensure management decisions align with shareholder interests and the company's long-term objectives [6]. Corporate Changes - The company expresses gratitude to Doug Turnbull, who resigned from the Board after 14 years of service, contributing significantly to Forte's growth and governance [10][11][12]. - Turnbull is leaving to pursue a new opportunity with VBKOM, an engineering company in South Africa [11]. Stock Options - In connection with his appointment, Patrick Evans was granted 500,000 stock options, exercisable for five years at a price of C$0.78 per share [13]. - A total of 2,750,000 stock options were granted to directors, officers, and consultants, all at the same exercise price and for the same duration [14]. Company Overview - Forte Minerals Corp. is focused on exploring high-quality copper and gold assets in Peru, leveraging a strategic partnership with GlobeTrotters Resources Perú S.A.C. to access high-impact targets [15].
Live Energy Minerals Announces Stock Option Grant
Newsfile· 2025-10-14 01:00
Group 1 - Live Energy Minerals Corp. has granted 1,800,000 stock options to directors and consultants, exercisable at $0.11 per share for five years [1] - The stock options vest immediately and are subject to a statutory hold period of four months and one day from the issuance date [1] - The stock option plan was approved by shareholders on May 9, 2024 [1] Group 2 - LIVE Energy Minerals Corp. is focused on exploring clean energy minerals in North and South America [2] - The company holds applications for a 100% interest in uranium, vanadium, and molybdenum projects in the Colorado Plateau, USA [2] - LIVE also retains an interest in the McDermitt Lithium East Project in Nevada, USA [2]
Golden Minerals Announces Completion of Sale of Velardeña Properties
Accessnewswire· 2025-10-13 22:00
DENVER, CO / ACCESS Newswire / October 13, 2025 / Golden Minerals Company ("Golden" or the "Company") (OTCQB:AUMN)(TSX:AUMN) today announced the completion of the previously announced sale of its Velardeña oxide processing plant and water wells, located in Durango, Mexico, to a privately held Mexican company (the "Velardeña Buyer"). The transaction closed on October 10, 2025, with a total purchase price of US$3.0 million plus applicable value-added tax (VAT). ...
CORRECTION FROM SOURCE: Powermax Minerals Appoints New Chief Financial Officer and Provides Further Updates
Newsfile· 2025-10-10 23:21
Core Points - Powermax Minerals Inc. has appointed Mr. Kyle Nazareth as the new Chief Financial Officer effective October 10, 2025, succeeding Reena Sall [2][4][3] - The company's common shares began trading on the OTCQB market under the ticker symbol "PWMXF" as of October 9, 2025, enhancing visibility to U.S. investors [5][6] - Powermax has engaged Independent Trading Group, Inc. as a market maker to improve liquidity and trading experience for its shares on the Canadian Securities Exchange [7][9] - The company has contracted Euro Digital Media Ltd. for marketing services for up to six months, with a budget of USD $500,000 [11][13] Company Updates - Mr. Nazareth brings over a decade of experience in managing public companies and capital market transactions [3] - The OTCQB listing is seen as a significant milestone for Powermax, reflecting its commitment to transparency and growth [6] - ITG will provide market-making services for a monthly fee of CDN $5,500, with no shares or options as compensation [9][10] - Euro Digital will conduct various marketing activities, including online campaigns and keyword optimization, to promote the company's business [12] Company Background - Powermax Minerals Inc. is focused on advancing rare earth element projects, holding options for properties in British Columbia and Ontario, and owning a 100% interest in a project in Wyoming [14]
Happy Creek Minerals announces CFO transition, amendment to Highland Valley agreement
Proactiveinvestors NA· 2025-10-10 12:41
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Search Minerals Announces Amended Terms for Non-Brokered Private Placement Financings
Newsfile· 2025-10-10 11:55
St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - October 10, 2025) - Search Minerals Inc. (TSXV: SMY) ("Search Minerals" or the "Company") is pleased to announce that it has amended the terms of its previously announced non-brokered private placement financings for gross proceeds of up to $993,847. Under the amended terms for the financings, the Company has increased the price for its hard-dollar private placement from $0.25 per share to $0.33 per share, such that the financings now consist of the f ...
Sokoman Minerals Announces $24 Million “Bought Deal” Private Placement of Common Shares Led by Eric Sprott
Globenewswire· 2025-10-08 22:20
Core Points - Sokoman Minerals Corp. has entered into an agreement for a "bought deal" private placement led by Canaccord Genuity Corp. [1] - The offering includes 53 million common shares at C$0.19 per share, aiming for gross proceeds of C$10.07 million, and 53 million flow-through shares at C$0.265 per share, targeting gross proceeds of C$14.05 million [8] - Eric Sprott, a major shareholder, has committed to participate in the offering [1] Offering Details - The underwriters have the option to purchase an additional 7,950,000 common shares for gross proceeds of $1,510,500 [2] - Net proceeds from the common shares will be used for property acquisitions, working capital, and general corporate purposes [3] - Gross proceeds from the flow-through shares will be allocated to incur qualifying expenditures as defined by the Tax Act [4] Tax and Regulatory Considerations - The company will incur Canadian exploration expenses that qualify as flow-through mining expenditures by December 31, 2026, with renouncement to initial purchasers by December 31, 2025 [4] - If the company fails to renounce the full amount of qualifying expenditures, it will indemnify subscribers for additional taxes incurred [5] - The offering is subject to regulatory approvals, including acceptance by the TSX Venture Exchange, and is expected to close around October 29, 2025 [6] Company Overview - Sokoman Minerals Corp. is focused on exploration along the Valentine Lake Fault zone in Newfoundland, with a primary project being the Treasure Island Gold Project [8]
CSE Bulletin: Consolidation - Panther Minerals Inc. (PURR)
Newsfile· 2025-10-08 20:18
Toronto, Ontario--(Newsfile Corp. - Le 8 octobre/October 2025) - Panther Minerals Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every forty (40) pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 1,274,772 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on October 10, 2025. ...