Mineral exploration and development
Search documents
Québec Nickel Corp. Announces Signing of Definitive Agreement to Acquire the Ecru Project, Nevada
TMX Newsfile· 2026-02-27 13:53
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Québec Nickel Corp. (CSE: QNI) (FSE: 7lB) (OTCQB: QNICF) ("QNI" or the "Company") announces that negotiations relating to the non-binding letter of intent signed with Orogen Royalties Inc. ("Orogen") on December 12, 2025 and pertaining to the acquisition of 100% interest in the Ecru Property, located on the Cortez/Battle Mountain Trend in Nevada, have concluded. The Company is pleased to announce that a definitive purchase and sale agreeme ...
Element 29 Receives DIA Environmental Certification Advancing Drilling Permit Application at Paka Porphyry-Skarn Cu-Zn-(Au-Ag) Project, Perú
TMX Newsfile· 2026-02-27 13:00
Elida Drilling UpdateMeet Element 29 Resources (Booth #2739) at PDAC 2026Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (BVL: ECU) ("Element 29" or the "Company") is pleased to announce that it has received environmental certification under a Declaración de Impacto Ambiental ("DIA") from the Perúvian Ministerio de Energía y Minas ("MINEM"), marking a significant milestone in the Company's application for a new Programa de Inicio de A ...
Pinnacle Provides Project Update for El Potrero as it Advances Towards a Production Decision
Thenewswire· 2026-02-26 13:30
Core Viewpoint - Pinnacle Silver and Gold Corp. is making significant progress on the El Potrero Project in Durango, Mexico, aiming to reach a production decision as soon as possible [2]. Project Development - The company has completed extensive underground and surface channel sampling and 3D modeling, allowing for the rehabilitation of historic mine workings on the Dos de Mayo vein trend [3]. - Underground delineation drilling is set to begin after the preparation of drill stations, with surface drilling permits applied for and a second round of metallurgical testing underway [4][6]. - A feasibility study for extending the powerline has been commissioned, and a new access agreement has been signed with the local community [4][5]. Drilling and Rehabilitation - Over 800 systematic channel samples have been taken, providing a clear understanding of the principal mineralized zones [5]. - The rehabilitation work will enhance access adits and drill stations, ensuring safety and efficiency [5][6]. - The drilling program is divided into two phases, with priority given to Phase I to expedite the process [6]. Metallurgical Testing - The first round of metallurgical tests achieved an average gold recovery of 95.1%, with ongoing tests aimed at optimizing these results [4][10]. - Recent head assays returned 7.7 g/t Au and 116 g/t Ag, indicating strong potential for future operations [11]. - Advanced mineralogical examinations are being conducted to improve processing efficiency [12]. Community Engagement - A community agreement has been established with Ejido El Carmen, supporting the project and ensuring local collaboration [15]. - The community has shown strong support for the project, recognizing the economic benefits of an operational mine [15]. Permitting and Regulatory Compliance - An application for the environmental permit for surface drilling has been submitted, with expectations for approval within 60-90 days [9]. - The company is also awaiting formal notification regarding a water permit, which is crucial for project advancement [9]. Future Outlook - The company anticipates making a production decision by the end of the year, with ongoing work to de-risk the project [4][16]. - Regular updates will be provided as the project progresses [16].
Homeland Acquires Historical Data for Cross Bones Uranium Property
TMX Newsfile· 2026-02-26 09:00
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to update shareholders regarding recent and upcoming corporate activities.Homeland Acquires Cross Bones DatabaseThe Company has acquired an additional historical exploration dataset for the Cross Bones Property from private vendors at a cost of US$13,000. This historical exploration dataset includes 16 drill logs, drill core assays, surfac ...
West Point Gold Ranks 35th Overall in the 2026 TSX Venture 50(TM); Announces Participation in Upcoming Events
TMX Newsfile· 2026-02-23 12:00
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce that it has been recognized as a 2026 Top 50 Company by the TSX Venture Exchange ("TSXV").The TSX Venture 50™ is an annual ranking of the top performing companies from the past year on TSXV based on three equally weighted criteria: market capitalization growth, share price appreciation and trading value. The TSX Venture ...
ATEX Announces Receipt of $52.5 Million from Warrant Exercises
TMX Newsfile· 2026-02-20 12:00
Core Viewpoint - ATEX Resources Inc. has successfully raised approximately $52.5 million through the exercise of common share purchase warrants, enhancing its financial position to support ongoing exploration and development activities in the Valeriano district [1][2]. Financial Summary - The company has a cash balance of approximately $140 million following the warrant exercise, with a total of about 368 million common shares issued and outstanding [2]. - There are 42.3 million common share purchase warrants remaining, with an exercise price of $4.00, which could provide an additional funding of approximately $169 million if fully exercised [2]. Exploration and Development - The company is expanding its Phase VI drill program by adding approximately 5,000 meters of drilling, aimed at further delineating the B2B Zone and testing surrounding high-grade breccia targets [3][4]. - The Phase VI program has been the most successful to date, with about 21,000 of the originally planned 25,000 meters already completed [3]. Project Overview - ATEX is focused on the Valeriano copper-gold project located in Region III of the Atacama, Chile, which is part of an emerging copper-gold porphyry mineral belt [6]. - The project is targeting high-grade breccia zones and high-grade porphyry mineralization, with ongoing multi-rig drill campaigns [6].
Trident Resources Named in 2026 TSX Venture 50 List of Top Performing Companies
Globenewswire· 2026-02-19 13:00
Core Insights - Trident Resources Corp. has been recognized as a 2026 Top 50 Company by the TSX Venture Exchange, achieving a 302% increase in share price and a 1,238% increase in market capitalization over the past year [1][2][3] Company Performance - The TSX Venture 50 ranking is based on three criteria: market capitalization growth, share price appreciation, and trading value, highlighting the top 50 companies among over 1,600 TSXV issuers [2] - Trident's significant share price and market capitalization growth reflect its successful exploration efforts, particularly at the Contact Lake project in the La Ronge Gold Belt [3] Company Strategy and Projects - Trident Resources is focused on the acquisition, exploration, and development of advanced-stage gold and copper projects in Saskatchewan, Canada [4] - The company is advancing its 100% owned Contact Lake and Greywacke Lake projects, which host significant historical gold resources, as well as the Knife Lake copper project [4]
Southern Silver Named to the 2026 TSX #Venture50
TMX Newsfile· 2026-02-18 18:37
Company Performance - Southern Silver Exploration Corp. has been ranked 28th in the 2026 TSX Venture 50, which recognizes the top performing companies on the TSX Venture Exchange [1][2] - The company experienced a market capitalization increase of 401% and a share price increase of 284% during 2025 [1][2] Project Development - Significant progress has been made at the Cerro Las Minitas project in Durango, Mexico, which is a silver, lead, and zinc project [2] - The company is advancing towards a production decision by expanding, de-risking, and demonstrating the economic potential of the Cerro Las Minitas project [2][3] Company Overview - Southern Silver Exploration Corp. focuses on the discovery of world-class mineral deposits, primarily through its 100% owned Cerro Las Minitas project [3] - The company also holds other properties, including the newly acquired Nazas gold-silver property and the Oro porphyry copper-gold project [3]
Magna Mining Announces Additional Footwall Drill Results from the Levack Mine in Sudbury, Ontario
Globenewswire· 2026-02-18 11:45
Core Viewpoint - Magna Mining Inc. has provided an update on exploration activities and assay results from the Levack Mine, indicating significant high-grade copper and precious metals mineralization in the R2 Footwall Zone, with ongoing drilling enhancing understanding of the vein system [1][2]. Exploration Activities - The company has reported results from five diamond drill holes targeting the R2 Zone, with multiple high-grade intersections of copper and precious metals over a vertical extent of approximately 300 metres and a north-south extent of 150 metres [1][2]. - Additional assays from previously released drill holes have also shown promising results, further confirming the mineralization potential in the R2 Zone [3][4]. Assay Results - Notable assay results include: - FNX6083-W5: 20.3% Cu, 0.1% Ni, 10.3 g/t Pt+Pd+Au, 151.0 g/t Ag over 0.7 metres at 1,129.4 metres down hole - FNX6070-W1: 5.7% Cu, 0.1% Ni, 28.3 g/t Pt+Pd+Au, 33.3 g/t Ag over 1.1 metres at 1,098.6 metres down hole [2]. - Drill hole FNX6083-W5 encountered four veins over 28.6 metres, with assays returning up to 24.4% Cu and 173 g/t Ag over 1.0 metre [2]. Future Drilling Plans - Ongoing diamond drilling includes two surface and two underground rigs, focusing on expanding the R2 Zone and testing other prospective targets in the footwall environment [6]. - Rehabilitation of existing drifts is underway to facilitate further underground drilling, with a Preliminary Economic Assessment (PEA) based on the recent NI 43-101 Mineral Resource Estimate targeted for completion in fall 2026 [6]. Company Overview - Magna Mining Inc. is a producing mining company with a portfolio of copper, nickel, and Platinum Group Metals (PGM) assets in the Sudbury mining district of Ontario, Canada, including the McCreedy West Mine and several past-producing properties [18][19].
Why Trilogy Metals Stock Tanked by Almost 12% Today
The Motley Fool· 2026-02-18 00:33
Core Viewpoint - Trilogy Metals experienced a significant decline in key financial metrics for fiscal 2025 compared to 2024, leading to a nearly 13% drop in its stock price following an uninspiring earnings report [1][2]. Financial Performance - The company's net loss increased dramatically to $42.4 million from a loss of under $8.6 million in the previous year [4]. - General and administrative costs rose slightly to $1.3 million from $1.2 million in 2024, indicating a lack of operational efficiency [4]. - Trilogy did not disclose a top-line revenue figure in its earnings report [4]. Government Investment - Trilogy signed a binding letter of intent with the U.S. Department of Defense, which will invest approximately $17.8 billion for over 8.2 million units of the company at a price of $2.17 per unit [5]. Management Perspective - Management, including CEO Tony Giardini, emphasized the strengthening of the company's financial position and alignment with U.S. federal and state stakeholders focused on securing domestic supplies of critical minerals [6]. Market Data - The current market capitalization of Trilogy Metals is $722 million, with a stock price of $3.70 [7]. - The stock has a 52-week range of $1.13 to $11.29, indicating significant volatility [7]. - Despite the disappointing financial results for 2025, the company has promising projects in the Arctic and Bornite, suggesting potential for future growth [7].