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Fuerte Announces Key Management Team Additions to Advance Its Coffee Gold Project
Newsfile· 2025-10-20 12:00
Core Insights - Fuerte Metals Corporation has announced key additions to its management team to advance the Coffee Gold project in Yukon, Canada [2][11] - The new leadership team includes experienced professionals from notable companies in the mining industry, enhancing the company's capabilities [2][3][4][5][9][10] Management Team Additions - Tim Warman has expressed enthusiasm about the new team, which includes a former senior executive from Franco-Nevada and senior members from Newmont's Coffee project [2] - Denis Flood has been appointed as Chief Operating Officer, bringing over 20 years of experience in engineering and operations [3] - Jason O'Connell has been named Chief Financial Officer, with a strong background in business development and investor relations in the mining sector [4] - Jennie Gjertsen has taken on the role of Vice-President of Sustainability and External Relations, with nearly 20 years of experience in multi-metallic mining [5] - Nelson Bodnarchuk has been appointed Vice-President of People and Systems, contributing over 20 years of leadership experience [9] - Jasmin Dobson has been named Vice-President of Environment and Permitting, with extensive experience in environmental management and permitting [10] Coffee Gold Project Overview - The Coffee Gold project hosts 3.0 million ounces of Measured and Indicated resources and an Inferred Resource of 0.8 million ounces [11] - The project is located approximately 130 km south of Dawson in Yukon and is on a clear path to complete permitting [11] - Fuerte Metals emphasizes the importance of environmental protection and community engagement with local First Nations [11][12] Company Background - Fuerte Metals Corporation is focused on advancing high-potential base and precious metals projects across the Americas, with the Coffee project being its flagship asset [13] - The company is committed to responsible stewardship of the land and creating long-term returns for shareholders [13]
Zeb Nickel Commences Ground Geophysics & Contractor Appointment
Globenewswire· 2025-10-16 13:00
Core Insights - Zeb Nickel Corp has appointed GF International (Pty) Ltd to conduct a combined ground gravity and frequency-domain electromagnetic survey at the Zeb Nickel Project in South Africa, aimed at refining conductor geometry and generating drill targets [1] - The company is also implementing an environmental rehabilitation guarantee as part of the requirements for obtaining the mining right [2] - The exploration team is transitioning from airborne targeting to ground geophysics to enhance the identification of high-priority conductors [3] Geophysics Programme Highlights - The survey will cover two grids totaling approximately 117.4 hectares, with gravity measurements taken at around 475 stations on a 50 m grid and ground EM over 22.45 line-km [9] - Mobilization for the survey is scheduled for late October 2025, with an expected completion within 30 field days, depending on weather and site conditions [5] Company and Project Overview - Zeb Nickel Corp focuses on exploring and developing critical mineral deposits, particularly those essential for rechargeable batteries, including nickel, graphite, lithium, cobalt, manganese, copper, and aluminum [7] - The Zeb Nickel Project is a Class 1 nickel sulfide project located in the Bushveld Complex, South Africa, which is strategically significant for the company's development efforts [7]
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
Core Viewpoint - Pantera Silver Corp. announces a non-brokered private placement to raise up to CAD 3.5 million by issuing up to 7 million units at a price of CAD 0.50 per unit, with proceeds aimed at exploration, property acquisitions, and working capital [1][2]. Group 1: Private Placement Details - The private placement will consist of units, each comprising one common share and one half share purchase warrant priced at CAD 0.75, exercisable for two years [1]. - The offering is subject to a statutory hold period of four months and requires regulatory approvals for closing [2]. - Existing shareholders will be prioritized in the placement, and finders' fees may be paid in accordance with TSX Venture Exchange policies [2]. Group 2: Company Overview - Pantera Silver Corp. focuses on mineral exploration and development, particularly in silver projects, aiming to enhance shareholder value through strategic partnerships and experienced technical teams [3]. - The company's mission includes systematic exploration strategies to achieve world-class silver discoveries while fostering community relationships and adhering to responsible business practices [3].