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Royal Road Secures Title Grant and Advances Drilling Under Option Agreement, GAM Project, Colombia
TMX Newsfile· 2026-01-12 12:30
Core Viewpoint - Royal Road Minerals Limited has successfully converted its mining concession application into a granted Mining Concession Contract for the Chuscalita Title, marking a significant milestone for the company [1][7]. Group 1: Mining Concession Details - The Chuscalita Title has an initial term of 30 years, in accordance with Colombian mining law [1]. - Royal Road has made a USD$150,000 payment to the titleholders, fulfilling a condition under the previously disclosed Option Agreement [1][2]. - The company had previously made a USD$100,000 option payment as part of the Option Agreement [2]. Group 2: Option Agreement and Financial Terms - Royal Road can acquire an 80% interest in the Chuscalita Title by making a one-time cash payment of USD$1,125,000 [3]. - The remaining 20% interest held by titleholders will be free-carried until a successful feasibility study is completed, after which it will convert to a 2% net smelter returns royalty on metals extracted [3]. Group 3: Exploration Potential - The Chuscalita Title is strategically located adjacent to Royal Road's existing Güíntar landholding and is believed to extend the mineralized trends from the Güíntar Project [4]. - The company is integrating the Chuscalita Title into its district-scale geological model and advancing drilling as part of its ongoing exploration program [6]. Group 4: Company Overview - Royal Road Minerals Limited is a mineral exploration and development company with operations in Colombia, Saudi Arabia, and Morocco [8][9]. - The company aims to discover and develop large-scale copper and gold deposits while minimizing environmental impact [9].
C3 Metals Restarts Full Exploration Activities in Jamaica Following Community Assistance Programs After Hurricane Melissa
TMX Newsfile· 2026-01-12 12:00
Core Viewpoint - C3 Metals Inc. has successfully restored project infrastructure following Hurricane Melissa and has resumed full exploration activities at its Super Block and Bellas Gate projects in Jamaica [1][8]. Group 1: Project Updates - At the Super Block project, the phase one scout drilling program, consisting of 14 holes and 2,500 meters, is approximately 50% complete, with seven holes finished [2]. - The Bellas Gate project, fully owned by the company, has resumed exploration drilling with a man-portable drill rig, and a 3DIP geophysical survey covering 70 square kilometers has also restarted, with 46 square kilometers completed to date [3]. Group 2: Community Assistance Programs - Concurrently with restoring project infrastructure, the company initiated a community assistance program to support approximately 500 families across three communities affected by Hurricane Melissa [4][6]. - The assistance program included the delivery of food, water, and basic necessities, as well as road repairs and the provision of roofing and housing materials to rebuild homes and community buildings [7][8]. Group 3: Company Overview - C3 Metals Inc. is focused on mineral exploration, particularly in copper and gold deposits, holding approximately 31,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru [9]. - The company has identified over 15 skarn prospects and a porphyry system at its Jasperoide project, with a maiden resource estimate of 52 million tons at 0.5% copper and 0.2 g/t gold [9]. - In Jamaica, the company has identified 16 porphyry and 40 epithermal copper prospects over a 30-kilometer strike extent, holding a 100% interest in 17,855 hectares of exploration licenses [9].
International Tower Hill Mines (NYSE:THM) Trading Down 1.9% – Here’s Why
Defense World· 2026-01-10 07:27
Core Viewpoint - International Tower Hill Mines is focused on advancing its Livengood gold project in Alaska, with significant institutional investment activity indicating growing interest in the company [2][3]. Group 1: Stock Performance - The company's stock has a market capitalization of $440.72 million, a price-to-earnings ratio of -106.00, and a beta of 0.71 [1]. - The 50-day moving average is $1.84, while the 200-day moving average is $1.58 [1]. - The stock price was down 1.9% during recent trading, with a last traded price of $2.12 and a decline in trading volume by 16% from the average daily volume [6]. Group 2: Institutional Inflows and Outflows - Citadel Advisors LLC increased its holdings by 1,238.5% in Q3, now owning 219,307 shares valued at $360,000 after acquiring an additional 202,922 shares [2]. - CWA Asset Management Group LLC grew its position by 27.1% in Q4, now holding 128,635 shares worth $239,000 after purchasing an additional 27,394 shares [2]. - Connor Clark & Lunn Investment Management Ltd. increased its position by 589.1% in Q2, now owning 120,600 shares valued at $104,000 after acquiring an additional 103,100 shares [2]. - Hedge funds and institutional investors collectively own 54.63% of the company's stock [2]. Group 3: Company Profile - International Tower Hill Mines Ltd. is a mineral exploration and development company headquartered in Vancouver, Canada, primarily focused on the Livengood gold project in Alaska [3]. - The Livengood project, located approximately 70 miles northwest of Fairbanks, has been the company's focal point since acquiring the property in 2011 [4].
Hi-View Resources Inc. Announces Change Of Stock Symbol To "GXLD"
Thenewswire· 2026-01-07 23:50
Core Viewpoint - Hi-View Resources Inc. is changing its trading symbol to "GXLD" effective January 12, 2025, to strengthen its identity as a focused exploration company positioned for growth [1][2]. Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company on the Canadian Securities Exchange, advancing a portfolio of gold, silver, and copper assets in the Toodoggone region of northern British Columbia [3]. - The company holds over 27,791 hectares of land, including high-priority projects such as the Golden Stranger Project, the Lawyers claims, and the Borealis Project [3]. - Additional properties under option include Saunders, Northern Claims, Nub, and Harmon Peak, with an extra 1,300 hectares currently under mineral claim application [3]. Management Commentary - R. Nick Horsley, CEO, emphasized the company's commitment to responsible exploration, disciplined capital management, and building long-term shareholder value as it advances its copper-gold asset portfolio [2].
Element 29 Receives DIA Environmental Certification Advancing New Drilling Permit Application at Elida Porphyry Cu-Mo-Ag Deposit, Perú
TMX Newsfile· 2026-01-06 13:00
Core Viewpoint - Element 29 Resources Inc. has achieved a significant milestone by receiving environmental certification under a Declaración de Impacto Ambiental (DIA) from the Peruvian Ministerio de Energía y Minas (MINEM), which is crucial for the application of a new drilling permit at the Elida Porphyry Copper-Molybdenum-Silver Deposit in Peru [1][2]. Company Developments - The completion of the DIA is a critical step towards obtaining a new Programa de Inicio de Actividades (PIA) drilling permit, which will expand the current drilling footprint and support the advancement of the Elida project [2][4]. - Current drilling operations at Elida are progressing well, with two drill rigs active and five drill holes completed, totaling over 4,600 meters of the planned 7,000-meter diamond drilling program [2]. - The existing PIA drilling permit, which allows for up to 20 drilling platforms, is valid until Q2 2026, while the newly approved DIA allows for up to 40 drilling platforms and is valid for five years [2][4]. Environmental and Community Engagement - The company has executed a new five-year Access Agreement with the host community, which is a requirement for the new PIA drilling permit application [3]. - A Collective Impacts Report is being prepared for submission to the Ministerio de Cultura as part of the Prior Consultation process [3]. Project Overview - The Elida deposit is located in west-central Peru, covering 22,800 hectares and is accessible from Lima [5]. - The project benefits from nearby infrastructure, including a hydroelectric generation facility located 15 km away, and is situated at a moderate elevation of 1,500 to 2,000 meters [6]. Mineral Resource Estimate - Previous drilling has identified significant Cu-Mo-Ag mineralization, with an independent pit-constrained Inferred Mineral Resource Estimate indicating 321.7 million tonnes at grades of 0.32% Cu, 0.029% Mo, and 2.61 g/t Ag [9].
Trident Resources Announces Appointment of Tim J. Termuende, P.Geo as Board Chair
Globenewswire· 2026-01-06 08:30
Core Viewpoint - Trident Resources Corp. has appointed Mr. Tim Termuende as Chairman of the Board, which is expected to enhance the company's strategic direction and project development in the La Ronge Gold Belt [1][5]. Group 1: Leadership Appointment - Mr. Tim Termuende has over 45 years of experience in the mineral exploration industry and has held executive roles in several publicly traded companies, contributing to over $110 million in value for shareholders [2]. - His familiarity with the La Ronge Gold Belt, where Trident's high-grade Contact Lake Project is located, provides a strategic advantage for the company [3]. - The appointment is seen as a significant step towards advancing Trident's exploration and development goals, particularly in 2026 [4][5]. Group 2: Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the 100% owned Contact Lake and Greywacke Lake projects [6]. - The company aims to leverage its assets in the underexplored La Ronge Gold Belt to create long-term value for shareholders [5][6].
NorthWest Reports Near-Surface Intersept of 25.9 Metres Grading 0.91 % Cu, 1.29 g/t Au (2.09% CuEq) From 154 Metres
Globenewswire· 2026-01-05 11:30
Core Insights - NorthWest Copper Corp. reported successful drill results from hole K-25-287 at the Kwanika project, indicating higher-grade mineralization in both the Pit and Central Zones, with a notable intercept of 25.9 meters grading 0.91% Cu and 1.29 g/t Au [1][2] Exploration Program Highlights - The 2025 exploration program aimed to confirm and expand the understanding of higher-grade copper-gold mineralization, achieving significant results with 15 holes drilled, including K-25-287 [6] - The program has demonstrated continuity of higher-grade zones over significant widths, particularly in the Central and Pit Zones, which is expected to enhance the mineral resource update anticipated in Q1 2026 [2][6] Drill Results Summary - Hole K-25-287 intersected multiple higher-grade intervals, including: - Pit Zone 11: 47.5 meters of 1.22% Cu and 0.82 g/t Au (1.99% CuEq) from 96.5 meters [4] - Pit Zone 10: 35.9 meters of 0.81% Cu and 1.03 g/t Au (1.75% CuEq) from 144 meters, including 25.9 meters of 0.91% Cu and 1.29 g/t Au (2.09% CuEq) from 179.9 meters [4] - Central Zone: 32.0 meters of 0.32% Cu and 1.13 g/t Au (1.34% CuEq) from 285 meters [4] Geological Insights - The mineralization at Kwanika is structurally controlled, with distinct higher-grade zones formed along active fault zones, indicating a favorable geological environment for further exploration [3][11] - The exploration has clarified the east-west zonation of mineralization, transitioning from copper-dominant to gold-dominant towards the west [3] Future Developments - The company anticipates an updated preliminary economic assessment (PEA) in mid-2026, which aims to improve upon the previous PEA from 2023, focusing on a more capital-efficient development plan combining open pit and underground methods [2][5]
Asante Gold (OTCMKTS:ASGOF) Trading 0.3% Higher – Here’s What Happened
Defense World· 2026-01-03 07:34
Asante Gold Co. (OTCMKTS:ASGOF – Get Free Report)’s share price traded up 0.3% during trading on Friday . The company traded as high as C$1.22 and last traded at C$1.19. 36,195 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 45,862 shares. The stock had previously closed at C$1.19. Get Asante Gold alerts: Asante Gold Stock Up 0.3%The firm has a fifty day simple moving average of C$1.43 and a 200-day simple moving average of C$1.35. About Asante Gold (Get Free ...
Fairchild Gold Corp. Commences Trading on OTCQB Venture Market
Globenewswire· 2025-12-30 15:58
Core Viewpoint - Fairchild Gold Corp. has successfully commenced trading on the OTCQB Venture Market, enhancing its visibility and trading access in the U.S. market, which aligns with its focus on gold, copper, and silver exploration in Nevada [1][2]. Company Overview - Fairchild Gold Corp. is engaged in mineral exploration and development of copper, gold, and silver assets across North America, particularly in mining-friendly jurisdictions [3]. - The company aims to identify and develop high-quality resource properties in Nevada, focusing on long-term shareholder value through disciplined exploration and responsible development practices [4]. Property Portfolio - Fairchild Gold's Nevada properties include: - **Nevada Titan**: The flagship property located in the Goodsprings Mining District, known for high-grade copper-gold-PGEs mining, with potential for Antimony and Cobalt [5]. - **Golden Arrow**: Under a memorandum of understanding (MOU) for acquisition, located in the Walker Lane Shear Zone, featuring two principal resource areas, Gold Coin and Hidden Hill, with a combined measured and indicated resource base outlined in an NI 43-101 report [5]. - **Carlin Queen**: An advanced-stage gold-silver project situated at the intersection of the Carlin and Midas-Hollister gold trends, leveraging Nevada's mineral resource potential [6].
Apollo Silver Announces $2.5 Million Upsize to Previously Announced Financing to Allow for Insider Participation
Globenewswire· 2025-12-29 12:00
Core Viewpoint - Apollo Silver Corp. has increased its non-brokered private placement by an additional $2,500,000, bringing total gross proceeds to up to $27,500,000 through the issuance of up to 5,500,000 units at a price of $5.00 per unit [1][2] Group 1: Upsized Offering Details - The Upsized Offering will be primarily subscribed by insiders, including major shareholders Eric Sprott and the Jupiter Fund, each participating with 2,500,000 units for a combined total of $25,000,000 [2] - Each unit consists of one common share and one common share purchase warrant, with each warrant allowing the purchase of one share at an exercise price of $7.00 for 24 months from the closing date [3] - The net proceeds from the Upsized Offering will be used for exploration and development activities, as well as general working capital and corporate purposes [4] Group 2: Regulatory and Compliance Information - The closing of the Upsized Offering is subject to regulatory approval from the TSX Venture Exchange [5] - The participation of insiders constitutes a "related party transaction" under Multilateral Instrument 61-101, exempting it from certain valuation and minority shareholder approval requirements [6] Group 3: Company Overview - Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US, the Calico project, which has significant barite credits essential for the US energy and medical sectors [8] - The company also holds an option on the Cinco de Mayo Project in Mexico, which features a major high-grade carbonate replacement deposit [8]