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Vanguard Mining Plans Phase 2 Drilling of Up to 7 Holes (2,800 m) at Redonda Copper-Molybdenum Project
Thenewswire· 2026-01-27 21:40
Core Viewpoint - Vanguard Mining Corp. is advancing a Phase 2 Drill and Exploration program at its 100%-owned Redonda Copper-Molybdenum Project, following encouraging results from a previous drill program [1][2]. Drill Program Overview - The Drill Program is fully permitted and aims to build on the results from the recently completed Phase 1 drill program [2]. - It will include reconnaissance-scale Induced Polarization surveying, drilling of up to seven diamond drill holes totaling approximately 2,800 metres, and detailed geological mapping [2]. - The program is designed to test extensions of known mineralization and evaluate new target areas within the broader mineralized system [2]. Recent Drill Results - The Phase 1 drill results confirmed a significantly expanded copper-molybdenum mineralized system at Redonda, with Hole 25-01 intersecting extensive mineralization over much of its 510.74-metre length [3][4]. - Hole 25-01 returned a weighted average grade of 0.1801% copper and 86 ppm molybdenum, while Hole 25-02 returned a weighted average of 0.1344% copper and 128 ppm molybdenum over 129.26 metres [4][7]. - The results demonstrate that mineralization at Redonda is extensive both laterally and vertically [4]. Collaboration with Klahoose First Nation - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor, training opportunities, and the use of Klahoose-affiliated service providers [12]. - Ongoing engagement and adherence to cultural heritage protocols and environmental best practices are emphasized throughout the program [12]. Geological Context - The Redonda Project comprises nine mineral claims totaling 2,746.46 hectares, located in a region with significant geological characteristics similar to other porphyry-style copper-molybdenum systems in southwestern British Columbia [13][14]. - The geological setting includes early Cretaceous dioritic intrusions and mineralization primarily along a hornblende-rich dike [14][15]. Quality Assurance and Analytical Procedures - Quality assurance and quality control protocols were implemented during the drilling and analysis, including the use of certified reference materials and blanks [8][18]. - Analytical work was conducted by ALS Laboratories, which is independent and accredited to ISO/IEC 17025 standards [19].
GSP Soil Geochemical Results Expand Surface Copper Zone at Mer and Highlight Near Surface In-Pit Resource Expansion Potential at Alwin Mine
Thenewswire· 2026-01-26 12:00
Core Viewpoint - GSP Resource Corp. has received final soil geochemical sample analysis from its Fall 2025 exploration program at the Alwin Mine and Mer property, indicating significant potential for undiscovered porphyry systems based on high-grade mineralization and geochemical anomalies [1][2][3]. Geochemical Sample Results - The 2025 Alwin-Mer results include 204 targeted grid soil geochemical samples, with notable surface rock grab samples from the Apex Zone showing assays of 1.85% copper, 348 g/t silver, and 2.6 g/t gold [2]. - At the MER area, 31 out of 157 soil samples returned copper values greater than 60 ppm, with 8 samples exceeding 150 ppm, reaching up to 315 ppm copper, defining a northwest trending copper anomaly [3]. - In the Alwin Mine area, 9 samples returned copper values greater than 60 ppm, with 5 samples exceeding 100 ppm, and the highest value recorded at 175 ppm copper [3]. Historical Context and Anomalies - Previous historic soil sampling in the Little OK Lake area yielded copper values as high as 4,400 ppm, but current results show 21 of 25 samples returning greater than 100 ppm copper, including 14 samples over 200 ppm, with a peak of 950 ppm copper [3]. - The current findings suggest that the anomaly may be related to transported tailings material from the historic Alwin Mine tailings pond [3]. Methodology and Quality Control - The analytical work was conducted by ALS Global, an accredited geoanalytical laboratory, ensuring high standards in sample collection and analysis [4][6]. - GSP Resource Corp. implemented a quality assurance/quality control program, including duplicate soil samples to assess repeatability, with no significant QA/QC issues detected [6]. Company Overview - GSP Resource Corp. is focused on mineral exploration and development in Southwestern British Columbia, owning 100% interest in the Alwin Mine Copper-Gold-Silver Property and the Mer Property [8].
Join Resouro Strategic Metals at the Vancouver Resource Investment Conference
TMX Newsfile· 2026-01-22 22:07
Company Overview - Resouro Strategic Metals is a Canadian mineral exploration and development company focused on economic mineral projects in Brazil, including the Tiros Titanium-Rare Earths Project and the Novo Mundo Gold Project [6] - The Tiros project encompasses 28 mineral concessions covering a total area of 497 km² in Minas Gerais, Brazil, which is known for its strong infrastructure [6] Project Details - The Tiros Titanium-Rare Earths Project is a district-scale initiative located in Minas Gerais, Brazil [2] - The project aims to advance the exploration and development of titanium and rare earth elements [2] Conference Participation - Resouro will participate in the Vancouver Resource Investment Conference (VRIC) on January 25 and 26, 2026, at Booth 913 [1] - Director Anne Landry will be available to engage with shareholders, answer questions, and discuss strategic plans for 2026 [2] Industry Context - The VRIC is a significant event in the junior mining investment sector, attracting over 5,000 mining investors annually and featuring more than 300 investment opportunities [5] - The conference will include keynote sessions with 120 renowned speakers and networking opportunities with industry professionals [3]
Vault Enters In To Agreement For Option To Acquire Portfolio Of US Historical Mining Assets And Corresponding Historical Databases
Thenewswire· 2026-01-20 12:00
Core Viewpoint - Vault Strategic Mining Corp. has entered into an Option Agreement to acquire a 100% interest in four mineral exploration projects focused on Silver, Gold, and Tungsten-Beryllium across the Western United States, leveraging extensive historical data for future exploration plans [1][22]. Group 1: Acquisition Details - The Option Agreement includes four historical mining properties: Robinson Dyke, Golden Dome, Mount Wheeler, and Mia, with the potential for future exploration and development [28]. - The acquisition is structured as a non-material transaction, requiring cash payments totaling $15,500 for Robinson Dyke, $55,000 for Golden Dome, $42,000 for Mount Wheeler, and $80,000 for Mia, with associated net smelter return royalties [29][30]. Group 2: Historical Data and Exploration Context - The properties have a documented history of extensive exploration, including sampling, drilling, and feasibility studies, which provide a strong foundation for modern exploration efforts [22][23]. - Historical assays from the Mia Silver Project indicate significant mineralization, with gold assays reaching up to 1.10 ounces/ton and silver assays as high as 178.00 ounces/ton [3][4]. - The Mount Wheeler Historical Tungsten Mine has a history of production, with 1,800 tons of rock averaging 1.3% WO3 extracted between 1952 and 1955 [13][23]. Group 3: Future Exploration Plans - The company plans to conduct a comprehensive exploration program, including geophysics, diamond drilling, and road construction, to further assess the mineral potential of the acquired properties [12][26]. - The historical data will guide the design of modern exploration and evaluation programs, although it does not comply with current NI 43-101 standards [24][25].
VIZSLA SILVER PROVIDES 2025 YEAR-END SUMMARY AND 2026 OUTLOOK
Prnewswire· 2026-01-20 11:00
Core Viewpoint - Vizsla Silver Corp. has made significant advancements in its Panuco silver-gold project in 2025, achieving construction readiness and preparing for further development in 2026, with a focus on enhancing project value and exploration efforts [2][4][11]. 2025 Highlights - The Panuco project expanded by 14,607 hectares in 2025, with a 43% increase in measured and indicated resources at a higher grade profile [2][4]. - An industry-leading Feasibility Study was published in November, indicating over 20 million ounces of annual silver equivalent production in the first five years and 17.4 million ounces annually over a 9.4-year mine life, with an after-tax NPV (5%) of US$1.8 billion and a 111% IRR [2][6][19]. - The company ended 2025 with over US$450 million in cash, fully financing the Panuco project, and announced a US$300 million project financing facility [7][13]. Key Objectives for 2026 - The company aims to continue derisking and enhancing project value, focusing on detailed engineering, underground drilling, and geophysical surveys [11][12]. - A budget of approximately 60,000 meters of diamond drilling is planned for 2026, including underground and surface exploration drilling [12][16]. - The company will also conduct initial LiDAR surveys and geological mapping on newly acquired claims to support future drill targeting [16][22]. Other Notable Achievements in 2025 - The share price increased by 220% from US$1.71 to US$5.47, with a 217% increase in average daily trading volume [13]. - The company completed extensive drilling totaling around 21,000 meters, focusing on geotechnical drilling and resource expansion [9][10]. - Vizsla Silver's Mexican subsidiary received the Socially Responsible Company Distinction for the fourth consecutive year [13].
Western Star Resources Inc. Amends Previously Announced Private Placement
Thenewswire· 2026-01-15 13:30
Core Viewpoint - Western Star Resources Inc. has amended the terms of its non-brokered private placement to raise up to $1,500,000 through the issuance of units, which will support its exploration initiatives and working capital needs [1][2][3]. Private Placement Details - The company plans to issue up to 10,000,000 units at a price of $0.15 per unit, with each unit consisting of one common share and one warrant [2][25]. - Each warrant will allow the holder to purchase an additional common share at $0.30 for 24 months [2]. Use of Proceeds - The net proceeds from the private placement will be used to define high-priority drill targets at the Western Star Project, advance critical metals initiatives in Nevada, and for general working capital and market awareness [3][28]. Strategic Asset - Rowland Property - The Rowland Property is a past-producing tungsten mine, critical for various industries, with the U.S. heavily reliant on imports for tungsten [3][28]. - The property has historical production data, including shipments of ore with 3.38% WO₃ and additional production between 1954-56 [5][28]. - The project has significant exploration upside, as it remains under-explored with modern techniques [5][28]. Regulatory and Approval Aspects - The issuance of securities in the private placement will exceed 100% of the company's current issued shares, requiring shareholder approval [25]. - The private placement is subject to regulatory approvals, including acceptance from the Canadian Securities Exchange [26]. Company Overview - Western Star Resources is focused on mineral exploration and development, aiming to enhance shareholder value through cost-effective exploration and strategic partnerships [32].
Silver47 Announces Closing of $34.5 Million Bought Deal Public Offering, Including Full Exercise of Over-Allotment Option
TMX Newsfile· 2026-01-14 16:09
Core Viewpoint - Silver47 Exploration Corp. has successfully completed a bought deal public offering, raising a total of $34,500,690 through the sale of 32,857,800 units at a price of $1.05 per unit, including the full exercise of the over-allotment option [1][4]. Group 1: Offering Details - The offering was led by Research Capital Corporation as the lead underwriter and sole bookrunner, along with a syndicate of underwriters including Haywood Securities Inc. [2] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $1.40 until January 14, 2029 [3]. - The net proceeds from the offering will be utilized to accelerate and expand planned drill programs on the company's silver projects, as well as for working capital and general corporate purposes [3]. Group 2: Financial and Advisory Information - The company paid the underwriters a cash commission of $1,965,433.05 and issued 1,871,841 broker warrants, along with an advisory fee of $29,000 plus tax and 27,619 advisory broker warrants [5]. - Additionally, the company issued 71,427 finder's warrants to an eligible arm's length party, with the same terms as the broker warrants [5]. Group 3: Company Overview - Silver47 Exploration Corp. is focused on mineral exploration, particularly in developing silver-rich deposits in North America, with a combined resource totaling 236 million ounces of silver equivalent at an inferred grade of 334 g/t and 10 million ounces at an indicated grade of 333 g/t [8]. - The company operates in key mining jurisdictions in Alaska, Nevada, and New Mexico, positioning itself as a leading high-grade silver developer [8].
Emerita Resources Provides Corporate Update
Globenewswire· 2026-01-12 12:00
Core Viewpoint - Emerita Resources Corp. is poised for significant growth in 2026, focusing on advancing its exploration and development plans in Spain, particularly the Iberian Belt West project, supported by a strong financial position with $26 million in equity financing and $50 million secured [1]. Group 1: Project Development - The company is completing engineering studies for a high-grade mining operation at the IBW project, with an updated NI 43-101 Mineral Resource Estimate expected soon to support the Prefeasibility Study (PFS) [2]. - Metallurgical testing has shown gold recoveries exceeding 80%, indicating favorable processing characteristics for producing copper, zinc, and lead concentrates, with ongoing optimization tests to finalize plant design inputs [2]. - The PFS is scheduled for completion by the end of Q2 2026 [2]. Group 2: Permitting and Regulatory Progress - Permitting for the IBW project is progressing, with the Declaration of Strategic Interest (DSI) panel collaborating effectively with the company, and a public comment period expected to begin in Q1 2026 [3]. - The Unified Environmental Authorization (AAU) will analyze potential environmental impacts and outline solutions, marking a critical step in securing mining permits [3]. Group 3: Exploration Initiatives - An airborne survey over the IBW regional area was completed in December, with results under review to guide exploration in the San Antonio project area, which has not been systematically explored [4]. - The company plans to drill the Nuevo Tintillo project in 2026, which has shown promising surface sampling results of up to 3.37 g/t gold and 165 g/t silver [4]. Group 4: Community Engagement - Emerita has established the Emerita Foundation to enhance community engagement and participation in economic and societal opportunities related to the IBW project and future initiatives [6]. Group 5: Leadership Insights - The CEO of Emerita anticipates a transformative year as the company transitions from exploration to mine development, emphasizing the strategic importance of the IBW project and the potential for new discoveries [7].
Bunker Hill Enters 2026 With Strong Momentum Positioned As a New U.S. Critical Metals Producer
Globenewswire· 2026-01-06 11:15
Core Viewpoint - Bunker Hill Mining Corp. has made significant foundational progress in 2025, focusing on advancing the Bunker Hill Mine towards production and free cash generation, with a strong emphasis on safety and operational readiness as it prepares for a mine restart in 2026 [2][10]. Group 1: 2025 Year in Review - The company achieved zero Lost Time Injuries (LTIs) for the third consecutive year, maintaining 100% compliance with environmental permits [6]. - Key milestones included the optimization of the mine restart plan, increased silver content, and collaboration with VRIFY for enhanced mineral discovery [3][4][6]. - Metallurgical test work indicated expected recoveries of 89% for silver, 87% for lead, and 92% for zinc [6]. Group 2: Financial Strengthening - Bunker Hill completed a refinancing package that reduced outstanding debt by approximately 39% and lowered the effective cost of capital from 11.85% to 5% [9]. - The company secured incremental funding of US$68 million to finance remaining project milestones, enhancing liquidity and positioning for initial production [9]. Group 3: 2026 Outlook - The company is focused on production, positive cash generation, and resource expansion, with an emphasis on increasing the silver content in the mine plan [10]. - Processing plant construction is 88% complete, with phased commissioning starting in January 2026, aiming for a mine restart in the first half of 2026 [12]. - The tailings filter press construction is 56% complete, also on track for the expected mine restart [12]. Group 4: Market Environment - Metal prices for silver, zinc, and lead have strengthened significantly compared to previous assumptions, which could positively impact project economics [14][15]. - The company’s exposure to silver and base metals, along with its brownfield restart profile, provides leverage to favorable commodity markets [16].
Apex Receives Exploration Permit for Rift REE Project, Nebraska; Drill Program Preparation Underway
Accessnewswire· 2026-01-05 08:01
Core Viewpoint - Apex Critical Metals Corp. has received approval for its mineral exploration permit at the Rift Rare Earth Project, marking a significant step towards initiating its drilling campaign in Nebraska, USA [1][2]. Company Developments - The company is actively expanding its property position and has completed historical re-logging, re-assaying, and 3D modeling in preparation for the drilling campaign [2]. - The Rift Project now encompasses approximately 3,500 acres within the Elk Creek Carbonatite Complex, an area with extensive historical drilling results from previous operators [2][7]. - Historical drilling results include significant intervals of high-grade rare earth oxide (REO) mineralization, such as 155.5 meters at 2.70% REO and 68.2 meters at 3.32% REO [6][7]. Drilling Program Preparations - With the drill permit secured, Apex has commenced pre-drilling activities, with drilling expected to start in the first half of Q1/2026 [3]. - Preparations include finalizing discussions with contractors, securing drill mobilization schedules, establishing access routes, and refining targets based on historical data [6]. Strategic Positioning - Apex Critical Metals is focused on advancing rare earth element and niobium projects to meet the growing demand for critical and strategic metals in North America [7][9]. - The company is also advancing its 100%-owned Cap Project in British Columbia, which has shown significant niobium discovery potential [8].