Core Insights - Spark Energy Minerals Inc. has reported promising rare earth element (REE) surface sampling results from its Caladão Target within the Arapaima Project in Brazil, indicating significant potential for critical mineral resource exploration [1][4][22] Exploration Highlights - The Caladão Target encompasses approximately 4,000 hectares of exploration tenements, adjacent to Axel REE Limited's project, which is advancing its REE-Gallium discovery [4][10] - Surface sampling results include a peak value of 6,417 ppm Total Rare Earth Oxides (TREO) from 30 stream sediment samples, with 11 samples exceeding 1,000 ppm TREO [4][16] - Soil sampling results show a peak value of 3,041 ppm TREO from 36 samples, with 4 samples reporting values greater than 2,000 ppm TREO and 14 samples exceeding 1,000 ppm TREO [12][13] - Anomalous Gallium values were also reported, with a peak of 94.07 ppm Ga2O3 [13] Geological Context - The geological profile in the Caladão region includes a regolith profile up to 50 meters thick, comprising a ferruginous lateritic horizon rich in Aluminum and Gallium, and a clay-rich saprolite horizon enriched in REE [11][13] - The exploration results from Spark are comparable to those reported by Axel REE during their early exploration phases, reinforcing the potential of the Caladão Granite region as a hub for rare earth mineralization [4][22] Future Plans - Following the encouraging results, the company plans to accelerate its REE exploration activities and advance its lithium targets towards drill testing later in 2025 [18][19] - The company is evaluating follow-up exploration strategies, including auger and air core drilling to further delineate the REE and Gallium potential across the tenement package [19][21] Financial Position - The recent funding arrangement with Sorbie Capital enhances the company's financial position, supporting its dual focus on advancing lithium and REE exploration programs in Brazil [19][22]

Core Insights - Homerun Resources Inc. submitted a proposal for strategic mineral transformation funding from BNDES and FINEP, highlighting strong industry interest in Brazil's energy transition [1][2] - The proposal is unique as it is the only one from a silica/silicon company, focusing on transforming raw materials into high-value solar glass, aligning with the funding call's goals [2][3] - The project aims to boost domestic value addition, create skilled jobs, and stimulate local economies while advancing technological innovation [3] Funding Program Details - The funding program amounts to R$5 billion (approximately US$824 million) and is part of the New Industry Brazil initiative, supporting large-scale industrial plants and pilot projects [4] - Approximately R$8 billion is reserved for investments in company equity, partly in partnership with mining leader Vale, to leverage additional private investment [4] Company Overview - Homerun is a vertically integrated materials leader focused on green energy solutions through advanced silica technologies, controlling the full industrial vertical from raw material extraction to energy solutions [6][10] - The company has developed a 120,000 tpy processing plant to facilitate domestic and international sales of processed silica [9] - Homerun maintains a commitment to ESG principles, utilizing sustainable production technologies and benefiting local communities [11]

CopAur Minerals Engages Thorne Solutions for Nevada Permitting and Advances Work at Past-Producing Gold ProjectsMay 08, 2025 9:30 AM EDT | Source: CopAur Minerals Inc.Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - CopAur Minerals Inc. (TSXV: CPAU) (the "Company") is pleased to announce that it has engaged Thorne Solutions LLC, based in Carson City, Nevada, to support permitting efforts at the Company's Kinsley Mountain and Troy Canyon gold projects, both located in Nevada. These ...

Core Viewpoint - Glenstar Minerals Inc. has staked 45 mineral claims in Mineral County, Nevada, covering 900 acres, and is initiating a marketing campaign to raise awareness about its exploration projects [1][8]. Group 1: Mineral Claims and Geological Assessment - The newly staked claims, known as the Wildhorse Claims, have historical workings dating back to the late 1800s and early 1900s, with the last staking occurring in 2011 [3]. - Preliminary geological assessments indicate the presence of east-dipping mineralized zones, with initial field examinations revealing a quartz veinlet zone containing over 1 gram per ton of gold, 1% copper, and 6,100 ppm of antimony [3]. - Additional areas of exposed copper mineralization were identified, suggesting multiple targets for further exploration [4]. Group 2: Geological Complexity and Economic Opportunity - The geology of the area is complex, featuring folded and faulted Paleozoic age rocks, with an intrusive mass of rhyolite located near known mineralization [5]. - The potential for discovering a large, well-mineralized skarn system exists, which can be effectively explored using various electric geophysical methods [6]. Group 3: Exploration Plans - The work program at Wildhorse will commence with detailed dry stream bed sediment sampling, followed by geological mapping and rock chip sampling, leading to a comprehensive geophysical survey to define drill targets [7]. Group 4: Marketing and Awareness Campaign - Glenstar has engaged Think Ink Marketing for a one-month marketing campaign, with a fee of USD $50,000 for the first month, aimed at updating stakeholders and introducing the company to a broader audience [8]. Group 5: Company Overview - Glenstar Minerals Inc. focuses on polymetallic minerals, which are critical for manufacturing electronics and energy technologies, and aims to explore and develop mineral properties in North America and globally [10]. - The company trades on multiple exchanges, including the Canadian Securities Exchange under the symbol "GSTR" [11].

Core Viewpoint - Ivanhoe Electric's subsidiary, Cordoba Minerals Corp., has signed a definitive agreement to sell its remaining 50% stake in the Alacrán Copper Project in Colombia for a total consideration of up to US $128 million, which includes initial and deferred cash payments as well as contingent payments based on copper prices [1][3][4] Financial Summary - The initial cash proceeds from the transaction will amount to US $88 million, with an additional US $12 million to be paid upon the commencement of commercial production or within 36 months from closing [3][6] - A potential contingent payment of up to US $28 million is based on copper prices exceeding US $13,000 per tonne [4] - After accounting for working capital reserves and other costs, approximately US $65 to US $70 million in cash is expected to be available for distribution to Cordoba shareholders, with Ivanhoe Electric's share exceeding US $40 million [5] Transaction Details - The transaction involves the sale of two wholly owned subsidiaries of Cordoba to Veritas Resources AG, which currently holds the other 50% interest in the Alacrán Copper Project [3] - The agreement stipulates that the transaction must be completed by December 31, 2025, subject to various approvals including those from the TSX Venture Exchange and Cordoba shareholders [6] Future Prospects - Following the transaction, Cordoba will remain a publicly listed company and will continue to pursue business development opportunities, including the potential to earn up to 80% interest in the Perseverance Copper Project in Arizona [7]

Core Points - Sokoman Minerals Corp. has closed the first tranche of its CAD$400,000 non-brokered flow-through private-placement financing, raising CAD$300,000 through the sale of 6,000,000 FT common shares at CAD$0.05 each [1][2] - The company plans to utilize the proceeds from the financing to fund eligible Canadian exploration expenses, which will be renounced in favor of the subscribers of the FT Shares [4] - The company has received CAD$150,000 from the Government of Newfoundland and Labrador through the Mineral Incentive Program to support its exploration efforts [5] Financial Details - The first tranche of the financing includes cash finders' fees totaling CAD$18,000 and 360,000 non-transferable broker warrants exercisable at CAD$0.07 for one year [2] - The total treasury of the company is expected to strengthen to approximately CAD$1.3 million following this financing [2] Company Overview - Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in Newfoundland and Labrador, focusing primarily on gold projects [6] - The company's flagship projects include the Moosehead, Crippleback Lake, and Fleur de Lys projects, targeting Dalradian-type orogenic gold mineralization [6] - The company has entered a strategic alliance with Benton Resources Inc. for joint-venture properties in Newfoundland [6][7]

Group 1: Company Announcements - Canadian Critical Minerals Inc. (CCMI) held its annual and special meeting on April 29, 2025, where shareholders approved all business matters, including the re-election of directors and the appointment of auditors [1] - The shareholders also approved the Company's rolling stock option plan [1] Group 2: Operational Updates - CCMI shipped 11 trucks of high-grade mineralized copper material to New Afton in the last three days of April 2025, following the removal of road restrictions by the Ministry of Transportation and Infrastructure of British Columbia [2] - The Company plans to continue trucking higher-grade mineralized copper material to New Afton throughout May 2025, utilizing both stockpiled material and new material processed through the ore sorter [2] Group 3: Company Profile - CCMI is primarily focused on two near-term copper production assets in Canada, with its main asset being the 100% owned Bull River Mine project, which contains over 150 million pounds of copper [3] - The Company also holds a 10% interest in XXIX Metals Corp., which owns the Thierry copper project and the Opemiska copper project [3]

SALT LAKE CITY, May 05, 2025 (GLOBE NEWSWIRE) -- Diamond Lake Minerals, Inc. (OTC: DLMI), a multi-strategy operating company focused on digital assets and SEC-registered security tokens, today announced the formation of its Advanced Materials & IP Division (AMIPD)-a wholly integrated division within DLMI that will spearhead the Company’s exploration into frontier intellectual property over the coming decade. AMIPD functions as a direct extension of DLMI; all IP and activity under AMIPD are wholly owned and ...

Core Insights - Sokoman Minerals Corp. is preparing for the first of two bulk samples at the Moosehead Gold Project, scheduled for extraction in late May or early June 2025, depending on contractor availability and unforeseen factors [1][3] - The first bulk sample will involve approximately 1,000 cubic meters of mineralized rock with a weighted-average gold grade of 5.78 grams per tonne [2][3] - The company is in discussions for processing the conventional sample and expects a formal contract from Novamera Inc. for a second surgical sample to be extracted in Q4 2025 [3][4] Company Activities - The first bulk sample will utilize conventional drill and blast methods on the Western Trend [2] - P&E Mining Consultants has been contracted to provide a proposed pit shell and drill pattern for the sample extraction [2] - Novamera Inc. is finalizing hole locations for the second sample, which will also be approximately 1,000 cubic meters [3] Equipment and Logistics - The drill rig for the second sample is currently in transit from Europe after maintenance and will first be used for a similar bulk sample for Great Atlantic Resources [4] Analytical Techniques - Samples will be analyzed by Eastern Analytical Ltd. in Springdale, Newfoundland, using standard fire assay methods and total pulp metallic analysis [12][13] Company Overview - Sokoman Minerals Corp. is a discovery-oriented company focused on gold projects in Newfoundland and Labrador, including the Moosehead, Crippleback Lake, and Fleur de Lys projects [14] - The company has entered a strategic alliance with Benton Resources Inc. for joint-venture properties in Newfoundland [14] - In October 2023, Sokoman completed an agreement with Piedmont Lithium Inc. to advance a lithium project [15]

Core Viewpoint - Sokoman Minerals Corp. is seeking conditional approval for a CAD$400,000 non-brokered flow-through private-placement financing and has closed the first tranche, raising CAD$300,000 through the issuance of common shares [1][2]. Financing Details - The first tranche involves the issuance of 6,000,000 common shares at CAD$0.05, resulting in gross proceeds of CAD$300,000 [2]. - The company will pay cash finders' fees of CAD$18,000 and issue 360,000 non-transferable broker warrants exercisable at CAD$0.07 for one year [2]. - All securities issued are subject to a four-month and one-day hold period, with final approval dependent on the Exchange [3]. Use of Proceeds - The proceeds from the flow-through shares will be used to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures, as defined in the Income Tax Act (Canada), by December 31, 2026 [4]. - The company intends to allocate the flow-through proceeds specifically to its exploration projects [5]. Company Overview - Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in Newfoundland and Labrador, focusing on gold projects [6]. - The company's flagship projects include the Moosehead, Crippleback Lake, and Fleur de Lys projects, targeting Dalradian-type orogenic gold mineralization [6]. - The company has formed a strategic alliance with Benton Resources Inc. for joint-venture properties in Newfoundland [6]. Recent Developments - In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc. to advance a lithium project [7]. - The East Alder Project has been optioned to Canterra Minerals Inc., and the Startrek Project has been optioned to Thunder Gold [8]. Acknowledgments - The company expresses gratitude to the Government of Newfoundland and Labrador for financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program [9].