Company Overview - Churchill Resources Inc. has entered into a binding letter of intent to acquire a 100% interest in the Black Raven Antimony Property located in Newfoundland and Labrador [1] - The property includes two past-producing mines that operated from 1890 to 1918, targeting stibnite, gold, and arsenopyrite [1] - Churchill is focused on strategic, critical minerals in Canada, particularly at its Taylor Brook, Florence Lake, and Black Raven properties [16] Industry Context - Antimony is a critical element for various industries, with over 90% of global production coming from China, Russia, Tajikistan, and Burma [2] - Following China's export ban in September 2024, the price of antimony has surged to over $50,000 per tonne, approximately three times the current price of nickel [2] - The Beaver Brook Antimony Mine, located near Black Raven, is currently on care and maintenance due to declining resources, indicating a potential opportunity for Churchill to fill the supply gap [3] Property Details - The Black Raven Property consists of nine map-staked licenses covering a total area of 3,125 hectares [10] - Historical production data indicates significant mineralization, with channel samples reporting up to 2.85% antimony and 28.27 g/t gold [6][11] - Churchill plans to conduct a re-sampling program and modern geophysical surveys to outline targets for further exploration [7] Transaction Terms - Under the terms of the letter of intent, Churchill has a 24-month exclusive option to acquire the property, which includes a 2.0% net smelter royalty for the Quinlans on any minerals produced [12] - The company is required to issue a total of 2,000,000 common shares and make cash payments totaling $100,000 over the option period [17] - The transaction is subject to necessary approvals from the TSX Venture Exchange [13]

Core Viewpoint - Graphano Energy Ltd. has received the necessary "Autorisation de Travaux à Impact" (ATI) for its exploration properties in Québec, allowing the company to advance its exploration initiatives and capitalize on its graphite assets [1][2]. Government Authorizations for Exploration - In May 2024, Québec implemented new exploration permitting requirements aimed at enhancing transparency and incorporating community feedback into mineral exploration activities. Companies must obtain ATI from the Ministère des Ressources naturelles et des Forêts (MRNF) before conducting exploration activities that may impact the land [3]. 2025 Exploration Program - Graphano is set to begin its exploration campaigns this quarter, focusing on trenching, targeted sampling, and drilling to further delineate graphite mineralization across its properties. The company emphasizes responsible operations and ongoing engagement with local communities and stakeholders [4]. About Graphano Energy - Graphano Energy Ltd. is dedicated to evaluating, acquiring, and developing energy metals resources, transitioning from exploration to production [5]. Industry Context - Graphite is increasingly in demand as a critical mineral for green technologies, particularly in lithium batteries for electric vehicles and energy storage solutions. The Lac Aux Bouleaux property is strategically located near Canada's only producing graphite mine, highlighting its potential in meeting future graphite demands [6].

Core Insights - Petrobras has extended its partnership with Noble Corporation, reaffirming its commitment to offshore drilling operations in Colombia [1][2] - The extension involves the Noble Discoverer rig, which will now operate until August 14, 2026, following a successful performance in deepwater drilling [2] - An unpriced option for further extension could keep the Noble Discoverer operational through the third quarter of 2027, indicating a long-term investment in offshore drilling technology [5] Company and Industry Overview - The Noble Discoverer, built in 2009, is designed for extreme deepwater conditions, with a maximum drilling depth of 40,000 feet (12,192 meters) and operational efficiency in water depths of up to 10,000 feet (3,048 meters) [3][4] - The partnership between Petrobras and Noble Corporation is crucial for meeting the rising energy demands and driving innovation in offshore drilling technology [7][8] - This collaboration exemplifies the importance of long-term partnerships in the oil and gas sector, ensuring smooth and efficient offshore projects [10][12] Strategic Implications - The renewed contract strengthens Petrobras' position as a leader in offshore energy exploration, particularly in Latin America [11] - The partnership is essential for maintaining efficiency, reliability, and technological advancement in offshore drilling operations [12] - Petrobras' ongoing investment in offshore energy development highlights the need for reliable drilling equipment to meet modern exploration challenges [6]

Toronto, Ontario--(Newsfile Corp. - April 11, 2025) - Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) ("Argo" or the "Company") is entering into a mineral claim option agreement (the "Option") to acquire a 100% interest in the 1155-hectare Dreaver Lake property (the "Claim") located in the Rottenstone Belt in Saskatchewan. To exercise the Option and acquire the Claim, Argo must: (i) make a cash payment of C$1,000 (which has been made), (ii) incur or expend at least ...

Onyx Gold Intersects 3.4 g/t Gold Over 69.6 Meters Including 5.4 g/t Gold over 34.5 Meters at Munro-Croesus Project and Announces Option AgreementIncludes High-Grade Subintervals of 13.9 g/t Gold over 9.5 Meters and 38.5 g/t Gold over 3.0 MetersApril 10, 2025 6:30 AM EDT | Source: Onyx Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Onyx Gold Corp. (TSXV: ONYX) (OTCQX: ONXGF) ("Onyx Gold" or the "Company") is pleased to announce new high-grade drill results from hole ...

Core Insights - Canadian Gold Resources Ltd. has announced the preliminary interpretation of data from an airborne magnetic survey at the VG Boulder Property, indicating significant exploration potential in Quebec's Gaspé Gold Belt [1][4]. Survey Highlights - The survey revealed structural intersections that are prime exploration targets, suggesting geological conditions favorable for gold and silver deposits [4]. - The identification of parallel structures to the Grand Pabos Fault indicates high potential zones for mineralization that require further exploration [4]. Structural Findings - Major fault structures were identified, including the Grand Pabos Fault and the Rivière Garin Fault, with significant intersections that could host concentrated mineralization [6]. - Historical high-grade mineral showings correlate with the newly interpreted structures, enhancing the understanding of mineralization continuity across the company's land holdings [6][7]. Future Exploration Plans - The company plans to integrate geophysical findings with ongoing field mapping, targeted sampling, and a review of historical exploration data to define high-potential drill targets at VG Boulder and adjacent properties [8]. Company Overview - Canadian Gold Resources Ltd. focuses on developing high-grade gold projects in the Gaspé Gold Belt, targeting under-explored properties with significant growth potential [10].

Aero Energy and Kraken Energy Combine to Create a Premier North American Uranium DeveloperApril 02, 2025 7:00 AM EDT | Source: Aero Energy LimitedVancouver, British Columbia--(Newsfile Corp. - April 2, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero") and Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (FSE: F2C) ("Kraken") are pleased to announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") dated April 1, 2025, whereb ...

Core Viewpoint - Great Pacific Gold Corp. is advancing its exploration activities at the Kesar Project in Papua New Guinea, with promising results from recent drilling and geophysical surveys indicating potential for high-grade mineralization [4][5][29]. Exploration Activities - The company has completed a drill program at the Anteruno target, totaling 2,112 meters across five holes, and has initiated a Mobile Magnetotelluric (MobileMT) geophysical survey across the project area [2][4]. - Initial drilling at Anteruno has confirmed gold-bearing intervals in every hole, with notable intercepts including 3.13 meters at 3.67 g/t gold and 0.23 meters at 6.61 g/t gold [5][20]. Geophysical Survey Insights - The MobileMT survey has outlined a well-defined network of deep-seated structures connected to known mineralization, particularly at Hampore and Fufunambi, suggesting a large-scale mineralized system [5][8]. - The survey results indicate significant magnetic and conductive anomalies, with the Hampore area showing strong connectivity to mineralization trends similar to those at K92 Mining [7][9]. Future Drilling Plans - The company plans to continue drilling at Kesar through April to expand on initial results, with a focus on high-priority targets at Hampore and Fufunambi [4][5]. - A 1,200-meter drill program is being designed for Fufunambi based on recent MobileMT data and geological mapping [5][22]. Geological Observations - The Anteruno area exhibits polymetallic gold mineralization associated with quartz-carbonate veins and base metals, indicating a complex geological framework [18][22]. - The Hampore Prospect has shown strong structural control with mineralization hosted within fault zones, and alteration patterns suggest a correlation with higher-grade mineralization [25][23]. Company Overview - Great Pacific Gold holds a portfolio of exploration projects in Papua New Guinea and Australia, focusing on developing gold-copper resources from its land packages [26].

Bayhorse Silver Receives Final Bayhorse Silver Mine IP Survey Results, Extends Bayhorse Potential Mineralized Zone To Over 600 M, Identifies First IP Drill Target March 31, 2025 9:29 AM EDT | Source: Bayhorse Silver Inc. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5015/246716_3e460840e42b6900_001full.jpg Bayhorse CEO Graeme O'Neill comments that, "the close proximity of the three new IP targets on strike east of the historic Sunshine, Junction and Big Dog ...

March 31, 2025 7:30 AM EDT | Source: South Pacific Metals Corp. Vancouver, British Columbia--(Newsfile Corp. - March 31, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to report the successful completion of the Warden's Hearing for the renewal of Exploration License EL 2310, covering the 253 km2 concession comprising the Kili Teke Copper-Gold Project (the "Project"), located in Papua New Guinea. The Project currently hosts an Inferred Mineral ...