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LEADING EDGE MATERIALS' PROGRESS UPDATE ON ROMANIAN EXPLORATION PROJECT
Globenewswire· 2026-02-03 07:30
Core Insights - Leading Edge Materials Corp. provides an update on its exploration activities in Romania, highlighting significant mineralization potential in the Valea Leucii, Dibarz, and Avram Iancu areas, with a focus on attracting new investments and further exploration [2][4][7]. Exploration Findings - The 2025 exploration campaign has identified extensive underground mineralization, with a potential mineralized zone extending approximately 6 kilometers in both north-south and east-west directions [7]. - Significant mineralization includes uranium oxide associated with jasperoid silicification and polymetallic sulphides (Cu, Co, Ni, Pb, Zn) hosted in silica-carbonate rocks, with historical grades showing up to 28% Ni and over 6% Co [8][19]. Assay Results - The exploration in various targets within gallery G2 has yielded notable intercepts, including: - 15.0m at 0.91% Pb and 0.83% Zn [11] - 9.0m at 1.92% Pb and 2.06% Zn [12] - 8.0m at 0.55% Cu, 1.36% Pb, and 1.35% Zn [18] - A total of 720 samples were taken, with 43 channels returning positive Pb-Zn-Cu mineralization [22]. Geological Context - The geology of the project area is characterized by complex nappe systems within the Northern Apuseni Mountains, featuring a basement of Proterozoic metamorphic rocks and associated granites, with significant magmatic and metallogenetic potential [25]. - The mineralization in the Leucii Valley consists of Co-Ni and U, primarily hosted within the carbonate horizon, while polymetallic sulphide occurrences are vein-type associated with NW-SE trending tectonic units [26][28]. Strategic Developments - The upgrade of the Feldioara processing plant has made securing new domestic uranium sources strategically important for Romania's energy independence [6]. - The company has commissioned Addison Mining Services to prepare a Competent Person's Report to consolidate exploration work and establish a roadmap for future financing options [24]. Investment Commitment - Leading Edge Materials has pledged to invest over €6 million during the five-year exploration period, with a financial commitment of approximately €1 million per year [83].
Future Mineral Delivers Potentially Transformational Transaction with Agreement to Acquire 100% Ownership of High-Grade Nickel–Zinc–Lead Project in Poland; Amends $4.5m Financing Terms
Globenewswire· 2026-02-02 23:30
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Future Mineral Resources Inc. (“Future Mineral” or the “Company”) (TSX: FMR) is pleased to announce that the Company has entered into a share purchase agreement dated February 2, 2026 (the “Agreement”) to acquire the remaining 52% ownership interest in its flagship nickel–zinc–lead project in Poland (the “Project”), which is expected to consolidate FMR’s 100% ownership of ...
Pan American Energy Selects Key Contractors to Support Planned Winter Drill Program at the Tharsis Project, Northwest Territories
Globenewswire· 2026-02-02 13:00
Core Viewpoint - Pan American Energy Corp. has mobilized contractors for its winter field operations, marking a significant step in advancing its exploration projects, particularly the Tharsis Project, which aims to evaluate rare earth elements and niobium potential through a planned diamond drill program [1][4]. Group 1: Contractor Engagement - Critical Discoveries has been contracted to provide drill equipment and crew for the diamond drill program [2] - Heli-Fix has been engaged for fixed-wing aircraft and helicopter support for mobilization and logistics [2] - Discovery Mining Services will provide camp services and expediting support [2] Group 2: Tharsis Project Overview - The Tharsis Project encompasses the Squalus Lake Alkaline Complex, focusing on carbonatite-related exploration targets for rare earth elements and niobium [3] - The project has progressed through geological mapping, UAV magnetic surveying, and sampling programs, refining the exploration model [3] - The winter drill program aims to test subsurface geology and assess the correlation between magnetic signatures and potential mineralization [3] Group 3: Company Developments - The company has executed an option agreement to acquire a 75% interest in the Big Mack Lithium Project, with potential to increase to 90% [7] - An option agreement has also been made with Northern Critical Minerals Corp. to acquire up to a 100% interest in the Tharsis REE Project [7] - Pan American Energy Corp. is primarily focused on the acquisition, exploration, and development of mineral properties containing battery and critical metals in North America [6]
North American Niobium Corp. Appoints Dr. Maximilian Dröllner as Technical Advisor
Globenewswire· 2026-02-02 12:30
Vancouver, British Columbia, Feb. 02, 2026 (GLOBE NEWSWIRE) -- North American Niobium and Critical Minerals Corp. (CSE: NIOB) (FSE: KS82.F) (OTCQB: NIOMF) (“North American Niobium” or the “Company”) is pleased to announce the appointment of Dr. Maximilian Dröllner as Technical Advisor to the Company. Dr. Dröllner brings valuable experience, having been involved with WA1 Resources during a period of highly successful Nb-REE discovery and project advancement in central Australia, which received significant ma ...
CAT Strategic Announces Successful Completion of Quebec Rare Earth Elements Transaction
TMX Newsfile· 2026-01-30 22:52
Core Viewpoint - CAT Strategic Metals Corporation has successfully completed a transaction granting it the exclusive right to earn a majority interest in a significant rare earth elements exploration project in Quebec, Canada [1] Group 1: Transaction Details - The company issued 33,000,000 Common Shares at a deemed price of $0.015 per share as part of the transaction [2] - All securities issued are subject to a statutory hold period of four months and one day, along with a resale restriction under Canadian Securities Exchange policies [2] Group 2: Management Changes - Mr. Christopher Malone has been appointed as Chief Financial Officer and Corporate Secretary, effective January 29, 2026, replacing Mr. Steven Cozine, who will remain as a director [3] - Mr. Malone brings over 43 years of experience in senior financial and information technology roles, with a focus on corporate finance and governance [4] Group 3: Company Overview - CAT Strategic Metals Corporation is focused on acquiring and derisking overlooked mineral projects in established geological districts in North America, particularly those considered strategic for global infrastructure and energy [5]
Vanguard Mining Reports Re-Assay Program for Redonda Copper-Molybdenum Project
Thenewswire· 2026-01-30 21:05
Core Viewpoint - Vanguard Mining Corp. is advancing its exploration efforts at the Redonda Copper-Molybdenum Project through additional re-assaying and a planned Phase 2 drill program to enhance the understanding of mineralization and evaluate the project's potential [1][2][3]. Exploration and Drilling Program - The company plans to conduct additional re-assaying of selected drill core using multi-element analytical methods to evaluate gold, copper, silver, rare earth, and other elements [1][2]. - The Phase 2 Drill and Exploration Program is fully permitted and aims to build upon the encouraging results from the recently completed drill program [4]. - The Redonda Project consists of nine mineral claims totaling 2,746.46 hectares, located approximately 40 kilometers northeast of Campbell River, British Columbia [4]. Geological Insights - The geological setting at Redonda is characterized by copper-molybdenum mineralization along a hornblende-rich dike, with significant mineralization confirmed at depth [5][7]. - The project shares similarities with other porphyry-style copper-molybdenum systems in southwestern British Columbia [8]. Drilling Details - The planned drilling will include up to seven diamond drill holes totaling approximately 2,800 meters, targeting areas with historical mineralization [6]. - Recent drilling results indicate that copper-molybdenum mineralization is laterally and vertically continuous within the drilled area, with significant intersections reported [10]. Collaboration and Community Engagement - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor, training opportunities, and the use of Klahoose-affiliated service providers [14]. - Ongoing engagement with the Klahoose First Nation will include regular updates on work plans and adherence to cultural heritage protocols [14]. Quality Assurance and Analytical Procedures - Quality assurance and quality control procedures were implemented during the sampling and analysis process, ensuring accuracy and precision in the results [15][16]. - Analytical work was conducted by ALS Laboratories, which is independent and accredited to ISO/IEC 17025 standards [16].
Algo Grande Copper Announces AGM and Appointment of Raymond Jannas to Board, Strengthening Technical Leadership in Hydrothermal Copper Systems
TMX Newsfile· 2026-01-30 12:30
Core Viewpoint - Algo Grande Copper Corp. is holding its annual general meeting on February 25, 2026, to elect directors and strengthen its technical leadership as it advances the Adelita Project [1][2]. Group 1: Meeting Details - The annual general meeting will take place at 10:00 a.m. (PST) at Suite 1500 - 1055 West Georgia Street, Vancouver, British Columbia [1]. - Shareholders will vote on the election of directors, including the appointment of Dr. Raymond Jannas, which is seen as a significant enhancement to the company's governance and technical leadership [2]. Group 2: Director Nominees - Dr. Raymond Jannas is a globally recognized economic geologist with over 40 years of experience in exploring large-scale hydrothermal mineral systems, including notable projects like Pascua-Lama and El Morro [4]. - His previous roles include senior technical and executive positions at various mining companies, where he contributed to the discovery and advancement of Tier 1-scale porphyry copper projects [5]. - Dr. Jannas holds a Ph.D. in Economic Geology from Harvard University and is expected to provide deep technical insight and strategic oversight for the Adelita Project [6]. Group 3: Company Overview - Algo Grande Copper Corp. is focused on advancing the Adelita Project, which is a multi-system copper-gold-silver opportunity located in the Arizona-Sonora copper belt [11]. - The Adelita Project spans 5,895 hectares and features a high-grade skarn discovery, with indications of a potential porphyry system at depth, suggesting a classic skarn-porphyry mineralization model [12].
Troubadour Resources Intercepts Target Mineralization Near Surface during Phase 1 of the Multi-Phase Drill Program at Senneville Gold-Silver-Copper Property
Accessnewswire· 2026-01-30 07:00
Core Insights - Troubadour Resources Inc. has successfully intercepted target mineralization during Phase 1 of its multi-phase drill program at the Senneville Gold-Silver-Copper property, indicating promising exploration results [1][2] Phase-1 Drill Campaign Highlights - The completed Phase-1 drilling campaign focused on the Gustav Cere showing, utilizing data from recent induced polarization surveys [1] - A total of 7 drill holes were completed, totaling approximately 1,000 meters, with target mineralization intervals intercepted in all holes [1] - Notable drill results include: - SV-25-002: 57.8 meters of mineralization starting at 20.14 meters downhole, with intervals over 4 meters wide up to 19.35 meters - SV-25-007: 50.6 meters starting at 2.65 meters downhole, with intervals over 5 meters wide up to 21.5 meters - SV-25-006: 44.6 meters starting at 15.01 meters downhole, with intervals over 3 meters wide up to 7.4 meters - SV-25-003: 39 meters starting at 2.65 meters downhole, with intervals over 5 meters wide up to 13 meters [1] Mineralization Characteristics - The mineralization is primarily associated with quartz-carbonate-tourmaline veins, with significant presence of pyrite and lesser amounts of pyrrhotite and magnetite [1] - The main lithology hosting the mineralization consists of sheared and deformed mafic volcanics, including basalt and andesite, along with volcanosediments [1] Property Overview - The Senneville property comprises 212 mineral claims covering approximately 119.5 km², located in the Val d'Or Mining Camp, a region known for its mineral wealth [1] - The property is prospective for both orogenic gold and polymetallic VMS-style mineralization, with nearby deposits such as Probe Gold's McKenzie Break and Novador projects providing context for potential mineralization [1] Future Exploration Plans - The company's multi-phase drill program includes 75 drill holes designed based on comprehensive geological mapping, geophysical surveys, and historical drilling results [2] - Five promising target areas have been identified for further exploration: Gustav Cere, Val Saint George, Contact, Vert Lake, and Golden Island Fault [2]
Lighthouse Gold Announces Closing of Non-Brokered Private Placement of Units
Thenewswire· 2026-01-29 21:30
Vancouver, B.C. – January 29, 2026 – TheNewswire - Lighthouse Gold Inc. ("Company") (CSE: LGHT) is pleased to announce the closing of its non-brokered private placement offering (the “Offering”), as previously disclosed in the Company’s news release dated January 15, 2026 and January 16, 2026. In connection with the Offering, the Company issued 12,200,000 units (the “Units”) at a price of $0.07 per unit, generating aggregate gross proceeds of approximately $854,000. Each Unit will be comprised of one common ...
Harvest Gold Discovers Significant Gold-Silver-Copper Halos In The Northern Part Of The Mosseau Property
Thenewswire· 2026-01-29 20:50
  Vancouver, British Columbia / January 29, 2026 ‑ TheNewswire - Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold” or the “Company”) is pleased to announce the results of a detailed review of current and historical drilling data conducted in light of the Company’s 2025 drilling program.  This work has identified several significant near-surface Au-Ag-Cu halos in the northern portion of the Mosseau Property, its flagship property in the Urban Barry Belt in Quebec’s Abitibi region. Rick Mark, President and ...