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Atomic Minerals Corp. Announces Listing on the Frankfurt Stock Exchange Under the Symbol DO80
Newsfile· 2025-02-06 12:00
Atomic Minerals Corp. Announces Listing on the Frankfurt Stock Exchange Under the Symbol DO80February 06, 2025 7:00 AM EST | Source: Atomic Minerals Corp.Vancouver, British Columbia--(Newsfile Corp. - February 6, 2025) - Atomic Minerals Corporation (TSXV: ATOM) ("ATOMIC MINERALS" or the "Company") is pleased to announce that its shares are now listed for trading on the Frankfurt Stock Exchange ("FSE") under the symbol "DO80". This listing will enhance the Company's visibility and accessibility ...
Royal Road Minerals Announces Issue of Stock Options
Newsfile· 2025-02-04 22:00
Toronto, Ontario--(Newsfile Corp. - February 4, 2025) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") announces that, effective February 1, 2025, it has granted an aggregate 4,400,000 stock options to purchase ordinary shares (the "Shares") in the capital of the Company exercisable at a price of $0.15 per Share for a period of two (2) years to certain employees and consultants of the Company. The Shares issuable upon exercise of the options are subject to a four month hold period ...
Wealth Minerals and the Quechua Indigenous Community of Ollague Sign Agreement to Jointly Develop the Kuska Lithium Project
Newsfile· 2025-02-03 13:30
Core Viewpoint - Wealth Minerals Ltd. has entered into a joint venture agreement with the Quechua Indigenous Community of Ollagüe to develop the Kuska Lithium Project, emphasizing community participation and transparency in the mining process [1][2][5]. Company Overview - Wealth Minerals Ltd. is focused on the acquisition and development of lithium projects in South America, with interests in Canada and Chile [6]. - The company aims to capitalize on the increasing demand for lithium and other battery metals, positioning itself as a major beneficiary of the supply-demand mismatch in the industry [7]. Project Details - The Kuska Lithium Project is located in the Ollagüe Salar, Antofagasta region, northern Chile, and is currently 100% owned by Wealth Minerals [3]. - The maiden resource report estimates 741,000 tons of Lithium Carbonate Equivalent (LCE) indicated resources with an average lithium grade of 175 mg/L, and 701,000 tons of inferred resources grading 185 mg/L [3]. - A Preliminary Economic Assessment (PEA) indicates a potential output of 20,000 metric tons per annum (tpa) of LCE and a Life of Mine (LOM) of 20 years, with a Pre-Tax NPV of US$1.65 billion and an Internal Rate of Return (IRR) of 33% [3]. Regulatory Environment - The Government of Chile has approved the Ollagüe Salar as one of the prioritized locations for lithium project development, which will facilitate the Kuska Project's access to a special lithium operation contract [4]. Community Engagement - The joint venture structure allows the Quechua Indigenous Community to hold a 5% free-carried interest in the JV and one director seat, ensuring their involvement in decision-making and project management [2][5]. - The partnership is seen as a significant step for the community, allowing them to manage their territory and ensure environmental protection [5][6].
Turning Resources into Results: Talon's 2024 Achievements Set to Redefine U.S. Critical Minerals Supply Chains in 2025 and Beyond
Newsfile· 2025-02-03 12:00
Turning Resources into Results: Talon's 2024 Achievements Set to Redefine U.S. Critical Minerals Supply Chains in 2025 and BeyondProgress in Minnesota's environmental review process and exploration successes have enabled Talon to establish a Feasibility Design Basis for a Tamarack mine and the North Dakota Minerals Processing Facility backed by the Department of Energy. In 2024, Talon also made the first high-grade nickel-copper discovery in Michigan since 2016, just 8 miles from the Eagle Min ...
New Zealand Government Publishes Its Critical Minerals List - Naming Gold and Antimony. RUA GOLD Provides Exploration Update on the Reefton Project's Extensive Antimony Potential
Newsfile· 2025-02-03 12:00
Core Insights - The New Zealand government has published its Critical Minerals List, which includes gold and antimony, highlighting the strategic importance of these minerals for the country's future [1][9] - Rua Gold Inc. is actively exploring the Reefton Project, which has significant antimony potential, and is focused on expanding its existing resources [2][5] Company Updates - Rua Gold has commenced drilling at the Auld Creek antimony-gold prospect, which already has an established antimony resource [5][10] - The company reported that rock chip samples from the Reefton District have shown antimony grades of up to 40.3% and gold grades up to 74.3g/t, indicating a strong potential for high-grade mineralization [6][20] - The company controls over 120,000 hectares in the Reefton Gold District, which historically produced over 2 million ounces of gold [24] Industry Context - Antimony prices have surged, increasing by 250% in 2024 to over US$40,000 per tonne, driven by heightened demand and limited supply primarily controlled by China, Russia, and Tajikistan [6][9][8] - The designation of antimony as a critical mineral by multiple countries, including New Zealand, reflects its growing importance in various sectors such as renewable energy and defense [8][9] - The strategic focus on securing alternative sources of antimony has intensified due to geopolitical tensions and export controls from major producing countries [8][9]
Ridgeline Minerals Announces Upsized Non-Brokered Private Placement up to $4,200,000
Newsfile· 2025-01-31 13:00
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce that in connection with its previously announced non-brokered private placement (January 22, 2025 news release) the Company has increased the size of the private placement up to 28,000,000 units (the "Units"), at a price of $0.15 per Unit, for aggregate gross proceeds of up to $4,200,000 (the "Upsized Private Placement"). Ea ...
Canterra Outlines 2025 Drill Targets at the Buchans Critical Minerals Project
Newsfile· 2025-01-29 12:00
Canterra Outlines 2025 Drill Targets at the Buchans Critical Minerals ProjectJanuary 29, 2025 7:00 AM EST | Source: Canterra Minerals CorporationVancouver, British Columbia--(Newsfile Corp. - January 29, 2025) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (FSE: DXZB) ("Canterra" or the "Company") is pleased to announce its 2025 exploration plans for the Buchans Critical Minerals Project (the "Buchans Project"), located in the Central Newfoundland Mining District. (Figure 1). Figur ...
Canadian Critical Minerals Generates USD$167,000 in Revenue from Bull River Mine
Newsfile· 2025-01-28 13:00
Calgary, Alberta--(Newsfile Corp. - January 28, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to report revenues for the Company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River Mine ("BRM") project near Cranbrook, BC. During the month of December 2024, the Company trucked 424 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximatel ...
Happy Creek Minerals is targeting resource expansion at its high-grade Fox tungsten project
Proactiveinvestors NA· 2025-01-22 18:46
Company Strategy and Focus - The company is repositioning itself as a tungsten-focused player, with its high-grade Fox tungsten project being the centerpiece of its strategy [2] - The Fox project is located in a stable jurisdiction (British Columbia, Canada) and is considered highly significant due to the strategic importance and limited supply of tungsten [3] - The company aims to expand the Fox resource from 1 million tons to 3-5 million tons at 1% WO3 through a 100-hole, 10,000-meter drill program set to begin in mid-2025 [6] - The company is seeking funding from the US Department of Defense for critical minerals projects, following the example of Fireweed Metals, which secured $18.5 million from the same source [7][8] Resource and Project Details - The Fox project has a 2018 resource estimate of 582,400 tons at 0.83% WO3 (indicated) and 565,400 tons at 1.23% WO3 (inferred) [4] - The resource estimate covers only a small part of the project, with a 10 km by 5 km mineralized trend identified through geological mapping and previous drilling [5] - The company believes that expanding the resource to 3-5 million tons would make the Fox project a viable deposit [7] Asset Management and Transactions - The company sold its Highland Valley copper project for $300,000 in cash and 9.9% equity in Metal Energy, with potential to increase its stake to 20% over four years and retain a 2.5% net smelter return royalty [11][12] - The company is seeking strategic alternatives for its other assets, such as the Silverboss molybdenum-copper-gold-silver project, to retain exposure to their upside through option agreements, joint ventures, or sales [10][13] - The company has raised approximately $500,000 in cash through non-dilutive means, positioning it well to execute its strategy [14] Industry Context - Tungsten is a critical mineral with high demand in military, clean energy, and advanced manufacturing sectors due to its high melting point and density [3] - The company's focus on tungsten aligns with the strategic importance of critical minerals, particularly in stable jurisdictions like Canada [3]
Ridgeline Minerals Announces Non-Brokered Private Placement
Newsfile· 2025-01-22 13:00
Not for dissemination in the United States or through U.S. newswiresAll dollars are Canadian unless otherwise notedVancouver, British Columbia--(Newsfile Corp. - January 22, 2025) - Ridgeline Minerals Corp. ("Ridgeline" or the "Company") (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) is pleased to announce a non-brokered private placement (the "Private Placement") to raise gross proceeds of up to $3,500,000 through the sale of up to 23,333,333 units ("the Units") at the price of $0.15 per Unit. Each Unit consists ...