Core Insights - Critical Metals Corp has released assay results from eleven deep diamond drill holes at the Tanbreez Project in Greenland, indicating significant potential for increasing the current Maiden Resource Estimate (MRE) from 225 million tonnes (MT) to an exploration target of 500MT of rare earth materials [1][17][18] - The weighted average grade of the newly reported drill results is 0.43% Total Rare Earth Oxides (TREO) with 28% Heavy Rare Earth Oxides (HREO) and 1.44% Zirconium Oxide (ZrO2) [9][11] - The company is preparing for a 2025 resource drilling program aimed at upgrading the Inferred Resource to Indicated Resource category and extending the size of the Tanbreez Fjord and Hill Zone Deposits [2][4] Company Developments - The company currently holds a 42% interest in the Tanbreez Project, with the option to increase this to 92.5% [1] - The recent MRE announced includes approximately 45MT of eudialyte with a grade of 0.38% TREO and 180MT for industrial mineral by-products [1][27] - The company is re-assaying historical samples to confirm and reconcile assay results, with updates expected soon [3][7] Drilling Program Details - The first stage of the drilling program will target the Fjord Deposit, focusing on extending drilling further north and east [4][5] - The second stage will target the Hill Zone Deposit, with infill drilling planned to upgrade resources from Inferred to Indicated [6] - The average target depth for the drilling is set between 60m and 80m, with some holes extending to 150m [5][6] Economic Potential - The economic analysis shows a Net Present Value (NPV) of approximately US$2.4 billion to US$3.0 billion at discount rates of 10% and 8%, respectively, with an Internal Rate of Return (IRR) of 180% before tax [1][27] - The Tanbreez Project is positioned as one of the world's largest rare earth deposits, with significant infrastructure advantages for transportation [36] Resource Estimates - The MRE for the Tanbreez Project includes 22.56MT of eudialyte at an average grade of 0.43% TREO, with additional resources of feldspar and arfvedsonite [27][31] - The total estimated mass of the kakortokite host unit is approximately 4.7 billion tonnes, indicating substantial exploration potential [18][36]

Core Viewpoint - Lithium Ionic Corp. has filed an independent NI 43-101 compliant technical report for its 100%-owned Bandeira Lithium Project in Brazil, which includes an updated Mineral Resource Estimate (MRE) announced on May 6, 2025 [1][3]. Group 1: Technical Report and Mineral Resource Estimate - The technical report, titled "Bandeira Lithium Project NI 43-101 Technical Report Mineral Resource Update," was prepared by GE21 Consultoria Mineral Ltda., AtkinsRéalis, L&M Advisory, and Planminas, with an effective date of November 20, 2024 [2]. - The updated MRE includes Measured and Indicated resources of 27.27 million tonnes (Mt) grading 1.34% Li₂O, equating to 901,059 tonnes of lithium carbonate equivalent (LCE), and an additional 18.55 Mt in the Inferred category also grading 1.34% Li₂O, which corresponds to 615,432 tonnes LCE [3]. - The updated MRE increases the Company's consolidated global mineral resources to 36.76 Mt grading 1.31% Li₂O in the Measured and Indicated category, alongside 31.87 Mt grading 1.19% Li₂O in the Inferred category [4]. Group 2: Project Overview and Location - The Bandeira Project covers 158 hectares, representing less than 1% of Lithium Ionic's total 17,000-hectare land position, and is considered one of the most promising lithium development-stage assets in Brazil [5]. - The project is strategically located adjacent to Sigma Lithium's Grota do Cirilo and Barreiro projects, as well as Companhia Brasileira de Lítio's long-standing underground lithium operation [5][8]. Group 3: Future Developments - An updated Feasibility Study to integrate the expanded MRE is currently underway and is expected to be completed in the second half of 2025 [3].

Core Viewpoint - Aftermath Silver Ltd. has made a partial payment of US$1.5 million towards the acquisition of the Berenguela silver-copper-manganese project in Peru, ahead of the due date, which has resulted in a reduced balance owed to EMX Royalty Corp. [3][5] Group 1: Financial Transactions - The company has an option to acquire a 100% interest in the Berenguela project through agreements with SSR Mining Inc. and EMX Royalty Corp. [2] - Aftermath Silver's payment obligations total US$13 million, with the remaining payments summarized as follows: US$3 million paid on May 15, 2025; US$1.5 million paid in June 2025; and US$1.65 million due in November 2026 [5][7]. - A sliding-scale NSR royalty will be applied to all mineral production from the project, starting at 1.0% when silver prices are up to US$25 per ounce, and increasing to 1.25% when silver prices exceed US$25 and copper prices are above US$2 per pound [7]. Group 2: Project Development - The company is focusing on the Berenguela project and expects an updated NI43-101 mineral resource estimate to be completed soon [4]. - Recent drilling in the eastern part of Berenguela intersected 153 meters of mineralization, including 1.12% copper, 290 g/t silver, and 7% manganese [4]. Group 3: Company Background - Aftermath Silver is a Canadian junior exploration company focused on silver, aiming to deliver shareholder value through the discovery, acquisition, and development of quality silver projects in stable jurisdictions [9]. - The company has developed a pipeline of projects at various stages of advancement, selected based on growth and development potential [9].

VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its latest high-grade results from the ongoing surface and underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to the Kora and Judd Deeps targets at the Kainantu Gold Mine in Papua New Guinea. Multiple high-grade intersections with broadening widths, referred to as dilatant zones, recorded at Kora’s K2 Vein. The int ...

Core Viewpoint - FireFly Metals Ltd has announced agreements for two significant capital raising initiatives, the Canadian Offering and the Australian Offering, aimed at funding the Green Bay Copper-Gold Project in Newfoundland, Canada. Group 1: Canadian Offering - FireFly has entered into an agreement with BMO Capital Markets to purchase 30,000,000 ordinary shares at C$0.86 (A$0.96) per share, generating gross proceeds of C$25.8 million (approximately A$28.8 million) [1] - An option has been granted to BMO Capital Markets to purchase an additional 10% of the offering for overallotments and market stabilization purposes [1] - The Canadian Offering is expected to close around June 20, 2025, pending necessary regulatory approvals [2] Group 2: Australian Offering - Concurrently, FireFly has an agreement with Canaccord Genuity to raise approximately A$46.0 million through an Australian Offering, which includes a charity flow-through placement of A$11.2 million and an institutional placement of A$29.9 million [3] - A retail share purchase plan (SPP) of up to A$5 million will also be undertaken, with the potential for oversubscriptions [3] - The Flow-Through and Placement are expected to close around June 13, 2025, with the SPP to follow [3] Group 3: Use of Proceeds - The net proceeds from both offerings will primarily fund expenditures at the Green Bay Copper-Gold Project, including underground development, resource extension, infill drilling, and exploration [4] - Additional funds will cover transaction costs and working capital [4] Group 4: Company Overview - FireFly Metals Ltd is focused on advancing the Green Bay Copper-Gold Project, which includes the Ming underground mine and Little Deer exploration project [6] - The project currently hosts a Mineral Resource of 24.4 million tonnes (Mt) of Measured and Indicated Resources at 1.9% for 460,000 tonnes (Kt) CuEq and 34.5 Mt of Inferred Resources at 2% for 690 Kt CuEq [6] - The company aims to grow its copper-gold Mineral Resource significantly, supported by a 130,000-meter diamond drilling program [6] Group 5: Additional Projects - FireFly holds a 70% interest in the Pickle Crow Gold Project, with an Inferred Resource of 11.9 Mt at 7.2 g/t for 2.8 million ounces (Moz) of gold [7] - The company also has a 90% interest in the Limestone Well Vanadium-Titanium Project in Western Australia [7]

Core Viewpoint - Integral Metals Corp. has partnered with Understood Mineral Resources Ltd. to advance the KAP Project and prepare for a potential mineral resource estimate [1][2]. Group 1: Project Overview - The KAP Property is located in the Mackenzie Mountains of the Northwest Territories and is known for its zinc-lead mineralization consistent with a Mississippi Valley-Type system, along with gallium and germanium enrichment [2][4]. - A 4,000-metre drill program is planned for summer 2025, which will support the groundwork for a future National Instrument 43-101 mineral resource estimate [2][3]. Group 2: Work Program Details - UMR will lead a work program that includes compiling geological data, evaluating data quality, modeling mineralized zones based on historical drilling, and reviewing drill hole spacing standards for Inferred Mineral Resources [3]. - A Qualified Person site visit is planned for summer 2025, contingent on the success of the drilling program [3]. Group 3: Company Background - Integral Metals is focused on mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, aiming to contribute to the development of a domestic supply chain [4]. - The company holds properties in mining-friendly jurisdictions in Canada and the United States, including the Northwest Territories, Manitoba, and Montana, where it has received regulatory support for its exploration efforts [4].

Koné project construction on-budget and on-schedule • Strong continued exploration focus • Robust liquidity sourcesCONSTRUCTION ACTIVITIES Over 2.0 million hours worked without a Lost Time Injury, with more than 2,100 employees and contractors on-siteWell on track for first gold pour in Q2-2027 and on budget with over $304 million of capital committed as at today, representing approximately 36% of the total capital expenditure, with prices in line with expectationsCIL ring beams were completed two months ah ...

NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) ("Critical Metals Corp" or the "Company"), a leading critical minerals mining company, is pleased to publish for the first time the assay results of historical deep diamond drill holes DDH 009-13, DDH 001-13, DDH 012-13 DDH 003-13, DDH 015B-13 and DDH 015-13 drilled in 2013 from the Tanbreez Project in Greenland. Commenting on the assay results, Tony Sage, CEO and Executive Chairman of the Company, said: "These deep diamond dril ...

Nova Pacific Metals Commences Drilling at Lara VMS Project and Announces Appointment of New CEOMay 16, 2025 8:00 AM EDT | Source: Nova Pacific Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - May 16, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company", or "Nova Pacific") is pleased to announce that the Company has commenced its Phase 1 diamond drill program at the Lara Volcanogenic Massive Sulfide (VMS) Project, located on Vancouver I ...

Core Viewpoint - Class 1 Nickel and Technologies Ltd. has filed an independent NI 43-101 Technical Report for its Alexo-Dundonald Nickel Project, which includes an updated Mineral Resource Estimate for the Dundonald North Deposit, enhancing the company's resource base and positioning in the nickel market [1][2][3]. Group 1: Technical Report and Resource Estimate - The Technical Report, effective from March 27, 2025, was prepared by Qualified Persons from Aticus Geoscience Consulting Ltd. and Caracle Creek Chile SpA [2]. - The updated Mineral Resource Estimate for the Dundonald North Deposit indicates an inferred resource of 2,500,000 tonnes with a nickel grade of 0.75% and a nickel equivalent grade of 0.80% [5][6]. - The report replaces a previous NI 43-101 technical report from October 2024, reflecting advancements in resource estimation [3][6]. Group 2: Company Strategy and Future Plans - The company aims to expand known mineralization and resources at its four existing nickel sulphide deposits within the Alexo-Dundonald Nickel Sulphide Project [23]. - An exploration program is planned to investigate underexplored areas of the project, guided by recent airborne geophysics and historical drilling [24]. - The company is pursuing a dual strategy to develop both high-grade nickel sulphide resources and large tonnage, low-grade komatiite-hosted deposits [25][26]. Group 3: Project Overview - The Alexo-Dundonald Nickel Sulphide Project covers approximately 3,093 hectares and includes four nickel deposits, with historical production from the Alexo North and South deposits [29]. - The project is located in a folded komatiite-ultramafic rock sequence that has not been systematically explored, indicating potential for resource expansion [29]. - The company plans to commence a Preliminary Economic Assessment (PEA) study to evaluate the best path forward for the project [33].