Core Insights - Cornish Metals Inc. has released its unaudited financial statements and management discussion for the nine months ended September 30, 2025, highlighting significant advancements in its South Crofty tin project in the UK [1][2]. Financial Performance - Total operating expenses for the nine months ended September 30, 2025, were CAD 10.69 million, an increase from CAD 6.50 million in the same period of 2024 [4]. - The company reported a loss of CAD 10.49 million for the period, compared to a profit of CAD 0.48 million in the previous year [4]. - Net cash used in operating activities was CAD 9.06 million, up from CAD 4.02 million in 2024 [4]. - Cash at the end of the period increased to CAD 60.69 million from CAD 3.30 million in 2024, primarily due to a successful fundraising effort [4][8]. Project Development - The updated Preliminary Economic Assessment (PEA) for the South Crofty project indicates an after-tax Net Present Value (NPV) of £180 million and an Internal Rate of Return (IRR) of 20% [2]. - Average annual tin production is projected to exceed 4,700 tonnes for years two through six, with an All-In Sustaining Cost (AISC) of under USD 13,500 per tonne [2]. - The company has secured grant funding of up to £4.2 million for the Bartles Foundry project, with the first claim of approximately £0.7 million received in August 2025 [2]. - Significant progress has been made in mine dewatering and shaft refurbishment, with work reaching approximately 360 meters below the surface [2]. Strategic Initiatives - A strategic fundraising effort totaling £57.4 million was completed, with major investments from National Wealth Fund Limited and Vision Blue Resources Limited [2]. - The company is advancing towards a formal final investment decision for the South Crofty project in 2026, aiming for first tin production by mid-2028 [3]. - Senior management has been strengthened with key appointments to enhance project and operational capabilities [2]. Sustainability and Community Engagement - Cornish Metals published its inaugural sustainability report, receiving an overall sustainability rating of "A" from Digbee, reflecting its commitment to governance, social responsibility, and environmental stewardship [5]. - The South Crofty project is positioned to generate over 300 direct jobs and benefits from strong local and governmental support [8].

Core Insights - Cornish Metals Inc. has released its unaudited financial statements for the nine months ended September 30, 2025, highlighting significant developments in its South Crofty tin project in the UK [1][2]. Financial Performance - Total operating expenses for the nine months ended September 30, 2025, were CAD 10.69 million, up from CAD 6.50 million in the same period of 2024 [4]. - The company reported a loss of CAD 10.49 million for the period, compared to a profit of CAD 0.48 million in the previous year [4]. - Cash at the end of the period increased to CAD 60.69 million from CAD 3.30 million, primarily due to a successful fundraising effort [4][7]. Project Developments - The updated Preliminary Economic Assessment (PEA) for the South Crofty project indicates an after-tax Net Present Value (NPV) of £180 million and an Internal Rate of Return (IRR) of 20% [2]. - Average annual tin production is projected to exceed 4,700 tonnes for years two through six, with an All-In Sustaining Cost (AISC) of under USD 13,500 per tonne [2]. - The company has secured grant funding of up to £4.2 million for the Bartles Foundry project, with the first claim of approximately £0.7 million received in August 2025 [2]. Strategic Initiatives - A strategic fundraising effort raised £57.4 million, with significant investments from National Wealth Fund Limited and Vision Blue Resources Limited, aimed at de-risking the South Crofty project [2]. - Key long-lead item orders have been placed for production and service winders at the South Crofty site, indicating progress in project execution [2]. Management and Operations - The company has strengthened its project and operations teams with the appointment of experienced professionals, including a new General Manager and Project Director [5]. - Ongoing work includes mine dewatering and refurbishment of the NCK shaft, with significant progress reported in stabilizing the underground chamber [2][3]. Market Position and Outlook - The South Crofty tin project is positioned to potentially become the first primary tin producer in Europe or North America, addressing the critical mineral demand as defined by various governments [6]. - The company aims to advance towards a formal final investment decision in 2026, with expectations of first tin production by mid-2028 [3][6].

Core Viewpoint - Sage Potash Corp. has filed an independent preliminary economic assessment (PEA) technical report for its Sage Plain Potash Project in Utah, effective September 8, 2025, indicating progress in the development of the project [1][2]. Company Overview - Sage Potash Corp. is focused on developing its flagship Sage Plain Potash Project located in the Paradox Basin, Utah, aiming to establish a secure and sustainable domestic potash production platform in the United States [4]. PEA Technical Report Details - The PEA Technical Report was prepared by RESPEC, an independent consulting firm, and confirms the information disclosed in the company's September 22, 2025 news release regarding the PEA results, with no material differences noted [2]. - The full PEA Technical Report is accessible on SEDAR+ and the company's website, encouraging readers to review it in its entirety for a comprehensive understanding [3].

TORONTO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- High Tide Resources Corp. (“High Tide” or the “Company”) (CSE: HTRC) is pleased to provide an update on activities at its flagship Labrador West Iron Ore Project located in the prolific southern Labrador Trough. The Company has recently shipped approximately 5.6 tonnes of coarse reject drill core samples from its 2022 drill campaign for beneficiation and metallurgical testing. The testwork will focus on producing a Direct Reduction (“DR”) grade pellet, an increasin ...

TORONTO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- High Tide Resources Corp. (“High Tide” or the “Company”) (CSE: HTRC) is pleased to provide an update on activities at its flagship Labrador West Iron Ore Project located in the prolific southern Labrador Trough. The Company has recently shipped approximately 5.6 tonnes of coarse reject drill core samples from its 2022 drill campaign for beneficiation and metallurgical testing. The testwork will focus on producing a Direct Reduction (“DR”) grade pellet, an increasin ...

Core Insights - Lexston Mining Corporation is initiating fieldwork on the Dory Property, which consists of four contiguous mineral claims totaling 1,348.1 hectares located in British Columbia [1][2] - The fieldwork will be conducted in two phases, with Phase One focusing on creating a GIS database, geological mapping, and sampling, while Phase Two will depend on positive results from Phase One [2] - The company has exercised 2,137,500 common share purchase warrants at $0.10 each, generating gross proceeds of $213,750, increasing the total issued common shares to 16,930,804 [3][4] Marketing Agreements - Lexston Mining has entered into an Online Marketing Agreement with i2i Marketing Group LLC for corporate marketing and investor awareness services, with a budget of up to $300,000 USD for 12 months [5] - The company has also signed a Digital Marketing Agreement with Danayi Capital Corp for investor relations and digital marketing services, with a budget of up to $100,000 USD for 12 months [6] Qualified Person - Richard Walker, P.Geo., has reviewed and approved the Dory Property content of the news release, and a technical report is available on the company's profile [7] Company Overview - Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and developing mineral projects to enhance stakeholder value [8]

Core Points - Delta Resources Limited will participate in the 2025 Precious Metals Summit in Beaver Creek, Colorado from September 9 to 11, 2025, to showcase its Delta-1 drilling program and engage with potential buyers for the Delta-2 property [2][3] - The summit is a premier event aimed at connecting promising precious metals companies with institutional investors and corporate development executives from senior mining companies [3] - Delta's representation at the conference will include Frank Candido, Executive Chairman, and Daniel Boudreau, Exploration Manager, who will discuss the company's strategic plans and potential partnerships [4] Company Focus - Delta's primary focus at the summit will be to present its upcoming drill campaign at the Delta-1 Gold Property in Thunder Bay, Ontario, while also exploring monetization opportunities for the Delta-2 Gold and Polymetallic Property in Chibougamau, Quebec [5] - The Delta-2 property is highlighted for its excellent exploration potential, with a significant investment of almost $7 million made by Delta to date, and it is located in a favorable geological setting with multiple known deposits nearby [7][5] - Delta-1 project has discovered a large, near-surface gold deposit, measuring 2.5 kilometers long and extending over 300 meters in depth, with notable drill intercepts including 5.92 g/t Au over 31 m [8]

Group 1 - High Tide Resources Corp. has closed a non-brokered private placement offering of 7,500,000 common shares at a price of $0.05 per share, raising aggregate gross proceeds of up to $375,000 [1][2] - The net proceeds from the offering will be allocated for metallurgical testwork of the Labrador West Iron Project and for general corporate and working capital purposes [2] - Certain directors and insiders subscribed to the offering for a total of 2,300,000 common shares, which is classified as a related party transaction under Multilateral Instrument 61-101 [3] Group 2 - The Labrador West Iron Project, owned 100% by High Tide, has an inferred iron resource of 654.9 million tonnes at 28.84% Fe, located adjacent to IOCC's Carol Lake Mine in Labrador City, NL [5][6] - The company also holds a 100% interest in the Lac Pegma copper-nickel-cobalt deposit, situated 50 kilometers southeast of Fermont, Quebec [6] - The technical information in the news release has been approved by a qualified person, Steve Roebuck, who is the Director, President, and Interim CEO of High Tide [7]

Core Viewpoint - Nicola Mining Inc. has commenced a 10,000 tonne bulk sample at its high-grade Dominion Creek Mineral Project, in which the company holds a 75% economic interest [1][4]. Group 1: Project Development - The company has established a 14-man camp with fully furnished rooms and necessary facilities, and has installed a bridge and mobilized equipment at the site [2]. - Roadwork improvements to the bulk sample site have begun and are expected to be completed by August 10, 2025, allowing for extraction to commence shortly thereafter [2]. Group 2: Permitting and Sampling - A draft permit has been issued by the British Columbia Ministry of Mining and Critical Minerals for the extraction of 10,000 tonnes of gold and silver ore at the Dominion project [3]. - Previous surface sampling returned grades of 62.1 grams per tonne of gold and 320 grams per tonne of silver, along with lead and zinc percentages of 23.4% and 12.4%, respectively [8]. Group 3: Company Overview - Nicola Mining Inc. is a junior mining company that owns a fully permitted mill and tailings facility near Merritt, British Columbia, capable of processing both gold and silver [6]. - The company also owns 100% of the New Craigmont Project, a high-grade copper property, and the Treasure Mountain Property, which includes 30 mineral claims [9].

Core Viewpoint - Cornish Metals Inc. is advancing its South Crofty tin project in Cornwall, UK, with significant progress following recent financing, aiming to restart tin production by the first half of 2028 [3][4]. Group 1: Project Development Updates - Activities at South Crofty have increased significantly post-financing in Q1 2025, with both surface and underground works in progress [3]. - The refurbishment of the Mine Dry building and demolition of old structures began in early July 2025, supported by the UK Shared Prosperity Fund [4]. - Orders have been placed with Qualter Hall for critical winders at the New Cook's Kitchen shaft, marking a key milestone in project development [4]. - Excavation for the processing plant is set to start in August 2025, with detailed engineering activities already underway [4]. - The addition of two Epiroc Boomer T1D drill rigs will facilitate underground development [4]. Group 2: Operational Challenges and Adjustments - Mine dewatering has faced delays due to reduced pump availability, but has resumed near full capacity of 25,000m³ per day as of mid-July [4]. - The refurbishment of the NCK shaft is progressing, with current depth at approximately 330 meters below the surface, and expected to reach the mid-shaft pump station by August 2025 [4]. - The timeline for mine dewatering and shaft refurbishment has been adjusted, with completion now expected in mid-2026, and first tin production anticipated in the first half of 2028 [4]. Group 3: Strategic Partnerships and Community Support - The company has partnered with Tomahee Consulting Services to enhance its mining technology platform, focusing on health and safety, operational excellence, and financial management [4]. - South Crofty is positioned to be the only primary tin producer in Europe or North America, benefiting from strong local and governmental support, and is expected to create over 300 direct jobs [8].