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Brightstar secures court and shareholder approval for Aurumin acquisition
Yahoo Finance· 2025-11-20 10:17
Brightstar Resources has secured approval from the Supreme Court of Western Australia (WA) and the shareholders of Aurumin to acquire all fully paid ordinary shares and options in the gold exploration company. The transaction, executed via a court-sanctioned share and option scheme of arrangement under Part 5.1 of the Corporations Act 2001, will result in Aurumin shareholders receiving new Brightstar options as all Aurumin options are cancelled. With the court's approval in place, Aurumin plans to lodge ...
Allied Critical Metals Announces Material Increase to Mineral Resource Estimate at Borralha Tungsten Project in Northern Portugal
Newsfile· 2025-11-19 22:00
Allied Critical Metals Announces Material Increase to Mineral Resource Estimate at Borralha Tungsten Project in Northern PortugalNovember 19, 2025 5:00 PM EST | Source: Allied Critical Metals Inc.Highlights:One of Europe's Premier Emerging Tungsten Assets materially increases its mineral resource estimates with Measured and Indicated Resource Estimate (M+I) increasing to 13.0 Mt at 0.21% WO₃ and Inferred Resource Estimate to 7.7 Mt at 0.18% WO₃.Significant resource growth strengthens ACM's pos ...
Mineral Resource Estimate Updated for the Cowboy State Mine Area at Halleck Creek
Globenewswire· 2025-11-19 13:03
Highlights Updated Mineral Resource Estimate in the Cowboy State Mine (“CSM”) Area reclassifies indicated resource by 68.4 million tonnes. 102 Channel Samples collected in 2025 provided data points for an updated geological resource model, resource conversion and mineral resource estimateSummer exploration and mapping collected 18 additional channel samples across the CSM area 18 Channel samples returned average values of 5,471 ppm Total Rare Earth Oxides (TREO)Standout sample (CS25-RM111) contained a new r ...
Kootenay Releases First Results from Current Drilling at Columba
Prnewswire· 2025-11-19 12:00
Accessibility StatementSkip Navigation VANCOUVER, BC, Nov. 19, 2025 /PRNewswire/ - Kootenay Silver Inc. (TSXV: KTN) (OTCQX: KOOYF) (the "Company" or "Kootenay") is pleased to announce assay results from the first seven holes of the ongoing staged 50,000-meter drill program at Columba High Grade Silver Project, located in Chihuahua, Mexico. Drilling at the project is designed to extend and expand known mineralization on the extensive Columba vein system, which currently hosts an inferred Mineral Resource Est ...
Xali Gold Completes Due Diligence Visit, Confirms Data Integrity and Exploration Upside at Pico Machay Gold Project in Peru
Globenewswire· 2025-11-19 12:00
Core Insights - Xali Gold Corp. has completed due diligence site visits for the Pico Machay Gold Project in Central Peru, confirming the quality of historical work and supporting the acquisition through a Share Purchase Agreement with Pan American Silver Corp. [1][2] Group 1: Project Overview - The Pico Machay Project has a historic Measured and Indicated Resource of 264,600 ounces of gold and an additional Historic Inferred Resource of 446,000 ounces of gold [6]. - The alteration footprint of the project is significantly larger than previously understood, measuring approximately 4.1 km by 1.3 km, indicating substantial exploration potential [3]. Group 2: Due Diligence Findings - Three site visits conducted between June and November 2025 have provided strong confidence in the integrity of historical work, with verification of the geological model and drill collar locations [2][4]. - New rock chip samples collected during the site visits confirm both higher-grade and lower-grade gold and silver values, reinforcing the strength of the mineralized system [5]. Group 3: Future Plans - An updated National Instrument 43-101 report is being prepared, which will serve as the foundation for converting the historic mineral resource estimate to a current estimate [2][5]. - The extensive undrilled areas within the alteration system present exceptional opportunities for resource expansion and new discoveries [3].
Defiance Silver Reports High-Grade Trenching Results at San Acacio, Zacatecas
Newsfile· 2025-11-19 06:40
Core Viewpoint - Defiance Silver Corp. has successfully completed a trench sampling campaign at its San Acacio property in Zacatecas, Mexico, revealing high-grade mineralization that will support an upcoming mineral resource estimate [1][2][25]. Trenching Program Overview - The trenching program covered approximately 2.1 km of the Veta Grande vein system, with 1.1 km of trenching completed, returning grades up to 5180 g/t Ag and 4.85 g/t Au [2][8]. - A total of 76 trenches were excavated in the Almaden-Carolina pits, with most samples returning values over 60 g/t Ag, and trench CHSA-24-32 returning 3.25m grading 354.6 g/t Ag, 4.16 g/t Au, 4.16% Pb, and 0.52% Zn [6][13]. - In the Esperanza-Guadalupe pits, 49 trenches were excavated, with trench CHSA-24-116 yielding the highest silver sample of 5180 g/t Ag over 0.60m [15]. Mineralization Insights - The Veta Grande vein system is characterized by significant silver, zinc, and lead mineralization, with evidence of multiple hydrothermal events [20][14]. - The average grade of the samples collected from the trenching program was 63.0 g/t Ag, with a maximum of 5180 g/t Ag recorded [11][12]. Sampling Summary - The trenching program involved 152 trenches sampled, totaling 1098 meters, with 1016 channel samples collected [11][12]. - The Veta Grande vein samples showed an average grade of 147.5 g/t Ag, while unconsolidated trench debris samples averaged 205.36 g/t Ag [11][14]. Company Progress and Future Outlook - The results from the trenching campaign are expected to enhance the understanding of the surface geology and mineralization, contributing to the company's mineral resource estimate [2][25]. - The high-grade results and continuity between historical open pits indicate significant exploration potential for similar targets within the company's land package in the Zacatecas district [25].
Dateline Resources to Present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference November 19th
Globenewswire· 2025-11-18 16:29
Company Overview - Dateline Resources Limited is an Australian company focused on mining and exploration in North America, owning 100% of the Colosseum Gold-REE Project in California [4]. - The Colosseum Gold Mine is located in the Walker Lane Trend in East San Bernardino County, California, with a JORC-2012 compliant Mineral Resource estimate of 27.1 million tonnes at 1.26 grams per tonne gold, totaling 1.1 million ounces [5]. Recent Developments - On May 23, 2025, Dateline announced updated economics for the Colosseum Gold Project, revealing a net present value (NPV) of US$550 million and an internal rate of return (IRR) of 61% based on a gold price of US$2,900 per ounce [6]. - The company has commenced planning for drill testing the rare earth element (REE) potential at Colosseum, which is located less than 10 kilometers north of the Mountain Pass Rare Earth mine [6]. New Acquisitions - Dateline has acquired the Argos Strontium Project, the largest strontium deposit in the U.S., located in San Bernardino County, California, with previous celestite production grading over 95% SrSO4 [7]. Upcoming Events - Mr. Stephen Baghdadi, Managing Director of Dateline, will present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference on November 19, 2025, at 3:30 PM ET, with opportunities for one-on-one meetings available on November 20, 21, 23, and 24 [1][2].
Magna Mining Reports Mineral Resource Estimate for the Levack Mine in Sudbury, Ontario
Newsfile· 2025-11-18 11:45
Magna Mining Reports Mineral Resource Estimate for the Levack Mine in Sudbury, OntarioNovember 18, 2025 6:45 AM EST | Source: Magna Mining Inc.Sudbury, Ontario--(Newsfile Corp. - November 18, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the results of a Mineral Resource Estimate ("MRE") prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for the past-producing Levack Mine, lo ...
Kodiak Engages Capital Analytica for Marketing and Online Communication Services
Newsfile· 2025-11-18 11:00
Kodiak Engages Capital Analytica for Marketing and Online Communication ServicesNovember 18, 2025 6:00 AM EST | Source: Kodiak Copper Corp.Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") today reports the engagement of Capital Analytica, a marketing and communications firms, to further strengthen the Company's commitment to transparent and effective investor outreach and engagement. "Proa ...
Mayfair Gold Q3 2025 Financial and Operating Results
Prnewswire· 2025-11-18 03:03
Core Insights - Mayfair Gold Corp. reported its operating and financial results for Q3 2025, focusing on the Fenn-Gib gold project in Northeast Ontario [1][2] - The company completed a $40 million LIFE Offering to fund the advancement of the Fenn-Gib project, including permitting and engineering [2] - A Pre-Feasibility Study (PFS) for a 4,800 tpd open pit operation is underway, with completion expected in Q4 2025 [2][8] Financial Highlights - For the three months ended September 30, 2025, the company reported a loss of CAD 2,241,177 compared to CAD 1,434,837 in the same period of 2024 [7] - The loss per share for Q3 2025 was CAD 0.02, an increase from CAD 0.01 in Q3 2024 [7] - As of September 30, 2025, cash and cash equivalents totaled CAD 41,814,681, significantly up from CAD 9,534,129 a year earlier [7] Project Development - The Fenn-Gib project hosts an Indicated Resource of 181.3 million tonnes grading 0.74 g/t Au, equating to 4.3 million contained gold [8] - A confidence drilling program commenced in October 2025 to refine waste to ore boundaries and enhance grade profile confidence [2] - Formal provincial permitting activities for the project are expected to start in early 2026 [2] Corporate Governance - During the Annual General and Special Meeting on September 4, 2025, shareholders approved the re-election of board members and a new 10% rolling Omnibus Incentive Plan [6]