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CopAur Minerals Refocuses on Flagship Asset and Applies for Permits at Kinsley Mountain, Nevada
Newsfile· 2025-08-07 19:35
Core Viewpoint - CopAur Minerals Inc. has decided to abandon the acquisition of the Royal Vindicator Mine in Georgia and will concentrate on advancing its Kinsley Mountain Oxide Gold Project in Nevada, which is fully owned by the company [1][5]. Group 1: Strategic Focus - The company is processing a permit application to test the reclaimed heap leach pad at the Kinsley Mountain Project and has hired a mine permitting specialist to develop a comprehensive plan for resuming full mine operations and production [2]. - This strategic realignment emphasizes CopAur's commitment to enhancing shareholder value through disciplined project development and focusing on assets with clear upside potential [5]. Group 2: Historical Context and Potential - The Kinsley Mountain Mine was operational from 1995 to 1999, during which gold prices ranged from US$350 to US$370 per ounce. The mine was previously managed by Alta Gold, which exited the asset and later declared bankruptcy [3]. - Since 2020, CopAur and its former partners have completed over 20,000 meters of drilling, indicating potential for expanding the historic Main Pit Oxide Gold Resource. The company believes that the Kinsley Mountain project presents a compelling opportunity for low-cost, near-term gold production, supported by existing infrastructure and a favorable jurisdiction [4][6].
Minerals Technologies Inc. Announces Participation at Upcoming Investor Conferences
Globenewswire· 2025-08-07 14:24
Company Overview - Minerals Technologies Inc. (MTI) is a technology-driven specialty minerals company based in New York, developing, producing, and marketing a wide range of mineral and mineral-based products, systems, and services [2] - The company serves various consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental sectors [2] - MTI reported global sales of $2.1 billion in 2024 [2] Upcoming Events - MTI will participate in two upcoming investor conferences: Seaport Research Partners' Annual Summer Conference on August 19, 2025 (virtual) and Jefferies' Industrials Conference on September 4, 2025 (in-person in New York, NY) [3] - Key representatives at these events include Douglas T. Dietrich (Chairman and CEO), Erik Aldag (CFO), and Lydia Kopylova (Vice President of Investor Relations) [1][3] - At the Jefferies' Industrials Conference, Douglas T. Dietrich will present at 3:30 PM ET and will also engage in one-on-one meetings with individual investors [3]
U.S. Secretary of Labor, Idaho Governor Visit Perpetua Resources to Discuss Stibnite Gold Project Importance to Securing U.S. Jobs and Critical Minerals
Prnewswire· 2025-08-06 23:54
Core Insights - The Stibnite Gold Project is recognized as a "Transparency Project" by the National Economic Development Council, highlighting its strategic importance for U.S. national security and critical mineral supply chains [2][9] - The project is expected to create over 550 direct jobs in rural Idaho during its construction and operational phases, providing family-wage employment opportunities [1][3] - Perpetua Resources has committed to supporting local education through the Stibnite Launch Scholarship, which will fund scholarships for students in the Geosciences and Mining Technician programs at the College of Western Idaho [3][5] Company Overview - Perpetua Resources Corp. focuses on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho [9] - The Stibnite Gold Project is one of the highest-grade open-pit gold deposits in the U.S. and aims to restore an abandoned mine site while producing gold and the only domestically mined source of antimony [9] - The project has received over $80 million in funding from the Department of Defense to advance its development, emphasizing its role in meeting U.S. defense needs [2][9] Educational Initiatives - The Stibnite Launch Scholarship will provide $250,000 to support 12 or more students annually in CWI's Geosciences and Mining Technician programs for the next three years [3][5] - This initiative is designed to complement the Idaho LAUNCH grant program, which covers 80% of tuition and fees for eligible students, thereby closing the funding gap for those pursuing education in mining [5][6] - The partnership between Perpetua Resources and CWI aims to enhance hands-on learning and workforce opportunities, ensuring local communities thrive economically [6][4] Government Support - The visit from U.S. Secretary of Labor Lori Chavez-DeRemer and Idaho Governor Brad Little underscores the government's commitment to domestic critical mineral projects and job creation [2][8] - The discussions during the visit included the need for permitting reform to advance critical mining projects and the importance of educational programs like Idaho LAUNCH for workforce readiness [7][8] - Secretary Chavez-DeRemer emphasized the importance of initiatives like the Stibnite Gold Project in securing critical mineral supply chains and creating in-demand jobs [3][8]
Forte Minerals Engages Strategic Advisors, Expands Capital Markets Team, and Launches AI-Powered Investor Tool
GlobeNewswire News Room· 2025-08-06 11:30
Core Viewpoint - Forte Minerals Corp. is enhancing its capital markets capabilities through strategic partnerships and the launch of an AI-powered investor platform, aiming to improve investor engagement and transparency [1][8]. Group 1: Strategic Partnerships - Forte has engaged Mills Dunlop Capital Partners (MDCP) for strategic advisory services, leveraging their expertise in complex mining transactions and capital markets [2][9]. - The company appointed Kevin Guichon from Port Guichon Strategic Advisory as the Investor Relations and Capital Markets Specialist, who will oversee investor outreach and capital market strategies [4][5]. - Guichon will receive C$4,000 per month and 200,000 stock options at C$0.80 per share for five years, subject to regulatory approval [6]. Group 2: AI-Powered Investor Platform - Forte has launched an AI-powered investor engagement platform in partnership with Versance.ai, providing instant access to regulatory filings and investor insights [11][15]. - The platform allows investors to ask questions and receive reliable responses, compare filings, and access information 24/7 in multiple languages [15]. Group 3: Corporate Update - The company has granted a total of 1,450,000 stock options to directors, officers, and consultants, exercisable at C$0.80 per share, expiring in five years [12]. - Forte Minerals Corp. focuses on high-quality copper and gold assets in Peru, emphasizing responsible resource development for long-term shareholder value [13].
Canadian Critical Minerals Announces the Passing of Founder David W. Johnston
Newsfile· 2025-08-05 12:00
Calgary, Alberta--(Newsfile Corp. - August 5, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is deeply saddened to share the news of the passing of David W. Johnston, founder of Braveheart Resources (now Canadian Critical Minerals Inc.). David was a true pioneer in the Canadian mining industry and an active member of the Calgary business community for many years. A former miner with Hudson Bay Mining and Smelting, David went on to become a successful entreprene ...
Atomic Minerals Proceeds to Consolidation
Newsfile· 2025-08-05 11:01
Core Viewpoint - Atomic Minerals Corporation is proceeding with a share consolidation of one post-consolidation common share for every two pre-consolidation common shares, effective August 7, 2025, to enhance capital-raising flexibility and attract a broader investor base [1][2][4]. Share Consolidation Details - The new ISIN and CUSIP for the shares will be CA04965P3079 and 04965P307 respectively [2]. - Currently, there are 58,331,591 common shares issued and outstanding, which will reduce to approximately 29,165,795 shares post-consolidation. Fractional shares will be rounded up or cancelled based on specific thresholds [3]. Strategic Rationale - The Board believes that the consolidation will provide increased flexibility to seek additional capital under current market conditions and is in the best interests of shareholders, potentially leading to greater interest from a wider audience of investors [4]. Debt Settlement Plan - The company plans to issue up to 7,000,000 common shares at a price of $0.05 each on a post-consolidated basis to settle debts totaling up to $350,000, pending necessary regulatory approvals [6]. Company Overview - Atomic Minerals Corporation is a publicly listed exploration company on the TSX Venture Exchange, focusing on identifying exploration opportunities in underexplored regions with geological similarities to past uranium discoveries [7]. - The company holds uranium projects with significant technical merit in two locations, including three projects on the Colorado Plateau and properties in the Athabasca region of Saskatchewan and Quebec, Canada [8].
Midasco Capital Corp. Completes Acquisition of Tungsten and Critical Metals Project from Ridgeline Minerals
Thenewswire· 2025-07-31 16:00
Core Viewpoint - Midasco Capital Corp. has completed the acquisition of Spartan Exploration Nevada Corporation and has changed its name to Spartan Metals Corp, focusing on critical minerals projects in the Western United States [2][6]. Company Overview - Spartan Metals Corp. is now a Tier 2 mining issuer on the TSX Venture Exchange, with a new ticker symbol "W" expected to begin trading on or about August 5, 2025 [6]. - The company is focused on developing critical minerals projects, particularly in tungsten, rubidium, antimony, bismuth, and arsenic [14]. Acquisition Details - Midasco acquired 100% of Spartan, which holds 244 lode mineral claims in White Pine County, Nevada, known as the Eagle Property [2][3]. - The Eagle Property is recognized for its high-grade tungsten production, with historical operations reporting 8,352 tonnes of tungsten trioxide at average grades of 0.6-1.0% from 1917 to 1956 [3][15]. - As part of the acquisition agreement, Midasco issued 5,830,466 common shares to Ridgeline, representing 19.9% of Midasco's total shares [4][8]. Financial Terms - Ridgeline will receive additional shares on the one-year anniversary of the closing, capped at 5,000,000 shares or enough to maintain a 19.9% stake [4]. - Ridgeline has been granted a 1% net smelter return royalty on the Eagle Property and any additional ground staked within a 2-mile area of interest [5]. Regulatory and Compliance - The Midasco Shares issued to Ridgeline are subject to a four-month hold period and a 12-month transfer restriction [7]. - An early warning report will be filed with Canadian securities regulators following the acquisition [10].
Ridgeline Minerals and Nevada Gold Mines Commence 6,000-meter Drill Program at the Swift Gold Project, Nevada
Newsfile· 2025-07-30 12:00
Mill Creek Target Ridgeline Minerals and Nevada Gold Mines Commence 6,000-meter Drill Program at the Swift Gold Project, Nevada July 30, 2025 8:00 AM EDT | Source: Ridgeline Minerals Corp. Vancouver, British Columbia--(Newsfile Corp. - July 30, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce the commencement of a 6,000-meter program at the Company's Swift gold project ("Swift" or "Project"), currently being operated under an explo ...
LaFleur Minerals Engages Advisors for Strategic Beacon Gold Mill Restart Debt Financing and Announces LIFE and Charity Flow-Through Unit Offerings
Newsfile· 2025-07-30 11:55
Core Viewpoint - LaFleur Minerals Inc. is engaging in strategic financing efforts to restart gold production at its Beacon Gold Mill, with a focus on raising CAD $5 million through secured debt financing and additional capital through private placements [2][3]. Debt Financing - The company has entered into an agreement with FMI Securities Inc. and FM Global Markets Inc. to act as exclusive corporate finance advisors for a proposed secured debt financing of up to CAD $5,000,000 [2][3]. - The engagement term is set for 180 days, with a non-refundable work fee of CAD $25,000 and a commission structure of 4% on gross proceeds raised from lenders [3]. LIFE Offering - LaFleur Minerals is launching a non-brokered private placement offering of up to 6,000,000 units at a price of $0.48 per unit, aiming for gross proceeds of up to $2,880,000 [4][5]. - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at $0.75 within 24 months [4]. Charity Flow-Through Offering - The company plans to offer up to 3,750,000 charity flow-through units at a price of $0.69 per unit, targeting gross proceeds of up to $2,587,500 [9][10]. - Proceeds from the charity flow-through units will be allocated to the Swanson Gold Project for Canadian Exploration Expenses [10]. Use of Proceeds - Gross proceeds from both the LIFE Offering and Charity FT Offering will be utilized for exploration initiatives at the Swanson Gold Project, operational purposes at the Beacon Gold Mill, and general corporate expenses [5][10]. Regulatory Compliance - The offerings will be conducted under the listed issuer financing exemption, and the securities will not be subject to a hold period under applicable Canadian securities laws [6][7]. - The closing of both offerings is expected around August 15, 2025, or at a date determined by the company [11]. Company Overview - LaFleur Minerals Inc. focuses on developing gold projects in the Abitibi Gold Belt, with significant potential in its Swanson Gold Deposit and Beacon Gold Mill, which can process over 750 tonnes per day [13].
Search Minerals Announces Results of Annual General Meeting of Shareholders and Grant of Stock Options
Newsfile· 2025-07-28 12:30
Group 1: Meeting Results - All nominees for re-election as directors were re-elected to serve until the next annual general meeting [2] - Shareholders approved the reappointment of Mao & Ying LLP Chartered Accountants as the Company's auditors for the upcoming year [3] Group 2: Stock Option and Share Unit Plans - Shareholders approved a 10% rolling stock option plan and a restricted share unit plan, both subject to final acceptance by the TSX Venture Exchange [4] - The stock option plan requires annual shareholder approval, while the restricted share unit plan requires approval only if the number of shares is amended [4] Group 3: Stock Options Grant - The Board of Directors granted an aggregate of 800,000 stock options to directors at an exercise price of $0.33 per common share for a period of five years [5] - 50% of the options vest immediately, with the remaining 50% vesting in one year [5] Group 4: Company Overview - Search Minerals focuses on exploring and developing Critical Rare Earth Elements (CREE) and transition metals such as Zirconium and Hafnium in the Port Hope Simpson - St. Lewis CREE District [6] - The Company controls two deposits (Foxtrot and Deep Fox) and several drill-ready prospects along a 64-kilometer belt in Labrador [7]