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Signature Resources to Present at the Emerging Growth Conference October 23, 2025
Newsfile· 2025-10-16 12:00
Core Points - Signature Resources Ltd. has been invited to present at the Emerging Growth Conference on October 23, 2025, at 1:10 PM Eastern time [1][2] - The presentation will be delivered by Dan Denbow, CEO of Signature Resources, and will include a Q&A session [2] - The conference aims to facilitate communication between public companies and the investment community regarding new products and major announcements [3][4] Company Overview - Signature Resources Ltd. owns the Lingman Lake gold property, which consists of 1,274 single-cell and 13 multi-cell staked claims, covering approximately 24,821 hectares [5] - The property includes the historic Lingman Lake Gold Mine, featuring a 126.5-meter shaft and three levels at depths of 46, 84, and 122 meters [5] - Over 43,222 meters of drilling has been conducted on the property, with bulk samples averaging 19 grams per tonne of gold [5]
Cornish Metals Files Technical Report for the South Crofty Tin Project Updated PEA on Sedar+
Globenewswire· 2025-10-16 06:00
Core Insights - Cornish Metals Inc. has filed a technical report for its South Crofty tin project, which is fully permitted and located in Cornwall, UK [1][5] - The updated Preliminary Economic Assessment (PEA) indicates strong project economics, including a £180 million after-tax NPV at a tin price of US$33,900 per tonne and a 20% IRR [4][2] - The project is positioned as a low-cost, high-grade tin operation with strong ESG credentials, aiming for an average annual production of approximately 4,700 tonnes of tin [4][9] Project Economics - After-tax NPV of £180 million and pre-tax NPV of £237 million at a tin price of US$33,900 per tonne [4] - Project IRR of 20% after-tax and 23% pre-tax [4] - Capital payback period of 3.3 years post-production start [4] - Cumulative after-tax cash flow projected at approximately £558 million from production start [4] Production and Cost Metrics - Average annual after-tax cash flow of approximately £57 million in years two through six [4] - Average annual EBITDA of £70 million with a 62% EBITDA margin during the same period [4] - Average All-In Sustaining Cost (AISC) of approximately US$13,420 per tonne for years two through six, positioning South Crofty in the lowest quartile of the cost curve [4] Exploration Potential - Near mine exploration target indicates potential additional mineralization of 6 to 13 million tonnes at a tin grade of 0.5% to 1.8% [4] - The company has a resource drilling program planned to commence with underground development [4] Community and Regulatory Support - The project has strong support from local communities and government, with existing mine infrastructure and mining permission valid until 2071 [8][9] - The project is positioned to be the only primary tin producer in Europe or North America, contributing to the critical mineral supply chain [9]
American Critical Minerals Announces $4.0 Million Bought Deal Offering and Concurrent $2.0 Million Non-Brokered Private Placement
Newsfile· 2025-10-16 01:42
Core Viewpoint - American Critical Minerals Corp. has announced a bought deal offering to raise approximately $4 million through the sale of 11,429,000 units at a price of $0.35 per unit, alongside a concurrent non-brokered private placement aiming to raise an additional $2 million, totaling up to $6 million in gross proceeds [1][2]. Financing Details - The offering consists of units that include one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at an exercise price of $0.45 for 36 months post-closing [3]. - The net proceeds from the offering will be allocated for working capital and general corporate purposes [4]. - The underwriter has an option to increase the offering size by up to 15% of the total units issued, exercisable up to 48 hours before closing [4]. Regulatory and Market Context - The units will be offered under the listed issuer financing exemption in all Canadian provinces except Quebec and other qualifying jurisdictions, including the United States, and will be free-trading under applicable Canadian securities laws [5]. - The closing of the offering is expected around the week of October 27, 2025, pending necessary regulatory approvals [7]. Compensation Structure - The underwriter will receive a cash commission of 7% of the gross proceeds and broker warrants equal to 7% of the units sold, with each broker warrant allowing the purchase of one unit at the offering price for 36 months post-closing [8]. Project Overview - The Green River Potash and Lithium Project is located in Utah's Paradox Basin, which has significant logistical advantages and is close to major infrastructure [11]. - The project has a substantial exploration target of 600 million to 1 billion tonnes of sylvinite, with average grades ranging from 19% to 29% KCl, and the basin is believed to contain up to 56 billion tonnes of lithium brines [12][14]. - The U.S. currently imports approximately 96.5% of its annual potash requirements, highlighting the strategic importance of domestic production [14].
IDEX Metals Announces Non-Brokered Private Placement of Units
Thenewswire· 2025-10-15 21:00
Core Points - IDEX Metals Corp. announced a non-brokered private placement of up to 3,333,333 units at a price of $0.60 per unit, aiming for gross proceeds of up to $2,000,000 [1][3] - Each unit consists of one common share and one-half of a share purchase warrant, with each whole warrant exercisable at $0.90 for a period of 24 months [2][3] - The proceeds will be used for exploration of mineral properties in Idaho and for general working capital [3] Company Overview - IDEX Metals Corp. is focused on advancing a portfolio of base and precious metal projects in Idaho, particularly the Freeze Copper-Gold porphyry prospect [6] - The company is positioned in a top-tier mining jurisdiction and is surrounded by major industry players, aiming to redefine district-scale exploration in Idaho [6]
Pan American Closes LIFE Offering and Concurrent Private Placement Offering
Globenewswire· 2025-10-14 22:00
Core Points - Pan American Energy Corp. has successfully closed a non-brokered private placement of charity flow-through units and non-flow-through units, raising a total of C$2,000,000 [1][2] Group 1: LIFE Offering - The LIFE Offering included the issuance of 1,333,333 Charity FT Units at C$0.75 each and 2,000,000 NFT Units at C$0.50 each, generating gross proceeds of C$2,000,000 [2] - Each Charity FT Unit consists of one flow-through share and one common share purchase warrant, allowing the holder to acquire one common share at $0.85 for 24 months [3] - Each NFT Unit consists of one non-flow-through common share and one share purchase warrant, allowing the holder to acquire one common share at $0.65 for 24 months [4] - Proceeds from the Charity FT Units will be used for Canadian Exploration Expenses qualifying as flow-through mining expenditures, while proceeds from NFT Units will fund exploration expenses and general working capital [5] Group 2: Concurrent Non-Brokered Private Placement - The concurrent private placement raised an additional C$1,000,000 by issuing 2,000,000 units at C$0.50 each [8] - Each unit in the concurrent offering consists of one common share and one common share purchase warrant, with the warrant allowing acquisition of one common share at $0.65 for 24 months [9] - Proceeds from the concurrent offering will also be allocated to exploration expenses and general working capital [10] Group 3: Company Overview - Pan American Energy Corp. is engaged in the acquisition, exploration, and development of mineral properties containing battery and critical metals in North America [13] - The company has acquired a 75% interest in the Big Mack Lithium Project and is pursuing a 100% interest in the Tharsis REE Project [14]
First Lithium Commences Field Work Program at Lidstone Project
Newsfile· 2025-10-09 10:00
Core Insights - First Lithium Minerals Corp. has launched a field exploration program at the Lidstone Project, located 270 km north of Thunder Bay, Ontario [1] - The Lidstone Project covers 17,300 hectares and includes approximately 27 km of greenstone belt, with limited previous exploration activity [2] - The field program aims to explore the northern and central sectors of the greenstone belt, focusing on areas with historical quartz vein sampling indicating potential gold mineralization [3] Project Details - The Lidstone property is 100%-owned by First Lithium Minerals and has no royalties associated with it [2] - The exploration will include prospecting, geochemical rock sampling, and geological mapping to identify mineralization and structures conducive to gold or base metal deposition [3] - The program is expected to enhance geological understanding and identify targets for further exploration, including drilling in 2026 [3] Company Overview - First Lithium Minerals is a Canadian mineral exploration and development company, also exploring for lithium and alkali metals at its Ascotan Project in Chile [7] - The company is planning its inaugural drilling program at the Ascotan Project, pending necessary permits and agreements [7] - The field program at Lidstone is expected to be completed by the end of Q4 2025, with updates provided as material results become available [6]
Class 1 Nickel Confirms 3+ km PGE-Trend and Samples 1.11 g/t Pd+Pt+Au at the River Valley PGE-Cu-Ni Project, Ontario, Canada
Globenewswire· 2025-10-08 11:30
Core Insights - Class 1 Nickel and Technologies Limited has announced positive results from its 2025 prospecting and ground-truthing campaign at the River Valley PGE-Cu-Ni Project, located approximately 65 km northeast of Sudbury, Ontario [1][4] Project Overview - The River Valley Project spans about 2,916 hectares and features several kilometers of promising geology with known platinum group element (PGE)-bearing sulphide mineralization categorized as Contact-Style PGE-Cu-Ni [2][12] - The project is situated within the same intrusive complex as the advanced River Valley Palladium Project developed by New Age Metals Inc [2] Sampling Results - A total of 73 rock grab samples were collected, with 11 samples returning assays ranging from 0.26 to 1.11 g/t 3E (Pd + Pt + Au), 0.04 to 0.96% Cu, and 0.02% to 0.17% Ni [3][6] - The sampling program has generated several new targets for follow-up with ground geophysics and a potential drilling campaign [6] Future Exploration Plans - The CEO of Class 1 Nickel expressed confidence in continuing exploration in target areas, particularly the Crerar PGE Trend, to plan and complete a drilling program soon [4][8] - A surface geophysics program is being planned for the North PGE Trend and the Crerar PGE Trend [3] Historical Context - Historical exploration on the property includes a diamond drill program completed in 2001 by Mustang Minerals Corp, which targeted the Crerar PGE Trend [13] - The project provides exploration upside for PGE and critical minerals, including copper and nickel, with a focus on productive zones within the River Valley Intrusion [12][15]
CORRECTION FROM SOURCE: Pantera Silver Announces Non-Brokered Private Placement for $3.5 Million CAD
Newsfile· 2025-10-06 21:27
CORRECTION FROM SOURCE: Pantera Silver Announces Non-Brokered Private Placement for $3.5 Million CADOctober 06, 2025 5:27 PM EDT | Source: Pantera Silver Corp.Vancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - Pantera Silver Corp. (TSXV: PNTR) ("Pantera" or the "Company") announces a non-brokered private placement of up to 7,000,000 Units at a price of $0.50 per unit ("Unit") for gross proceeds of up to $3,500,000.00 (the "Private Placement"). Each Unit will consist of one Commo ...
NorthWest Announces First Drill Results from 2025 Program and Highlights 44 Metres of 2.81 G/T Gold and 0.66% Copper
Globenewswire· 2025-10-06 11:45
Core Insights - NorthWest Copper has announced positive assay results from the first hole of its 2025 Kwanika diamond drilling program, indicating higher-grade mineralization over significant widths, aligning with the company's target model [1][2][4] Group 1: Drilling Program Highlights - The 2025 Kwanika drill program includes a planned total of 5,135 meters across 17 drill holes [2] - The first drill hole, K-25-269, intersected a combined true width of 32.1 meters within the Central Zone, confirming the quality of the mineralization [2][10] - Significant grades reported include 44.0 meters of 0.66% Cu and 2.81 g/t Au from 198.0 meters downhole, with additional notable intervals [5][11] Group 2: Economic Implications - The results from the drilling program are expected to enhance the Kwanika project economics compared to those presented in the 2023 Preliminary Economic Assessment (PEA) [2] - The company is optimistic about the potential for economic extraction using a more selective bulk underground mining method [2][4] Group 3: Geological Insights - The Kwanika Deposit is divided into three zones: Central, Western, and Pit Zones, each characterized by distinct geological features and mineralization patterns [5][6] - The Central Zone is noted for its two north-south trending zones, while the Western Zone is deeper and characterized by in-situ quartz stockwork [6][10] Group 4: Future Exploration Plans - The current drilling program aims to test nearby targets to explore for new discoveries, enhancing the understanding of higher-grade zones [8][13] - Historical drilling has posed challenges in accurately modeling the location and widths of mineralized structures, which the current program aims to address [8][10]
American Pacific Mining Receives Drill Permit Approval for the Madison Copper-Gold Project and Prepares to Test High-Priority Porphyry and Skarn Targets
Newsfile· 2025-10-01 11:00
American Pacific Mining Receives Drill Permit Approval for the Madison Copper-Gold Project and Prepares to Test High-Priority Porphyry and Skarn TargetsOctober 01, 2025 7:00 AM EDT | Source: American Pacific Mining Corp.Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific" or the "Company") is pleased to announce that it has received a drill permit for the Madison Copper-Gold Project located 43 ...