Vancouver, BC, July 29, 2025 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) ("Trident" or the "Company" or the "Optionee") is pleased to announce that it has signed an option agreement (the "Agreement") with an individual land owner ("Optionor") pursuant to which the Company has optioned a property (the "Project") that borders one of Trident's core high-grade gold assets. The Company can earn a 100% interest in the Project which is made up of 6,902 hectares of claims with prospecti ...

Vancouver, BC, July 29, 2025 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) ("Trident" or the "Company" or the "Optionee") is pleased to announce that it has signed an option agreement (the "Agreement") with an individual land owner ("Optionor") pursuant to which the Company has optioned a property (the "Project") that borders one of Trident's core high-grade gold assets. The Company can earn a 100% interest in the Project which is made up of 6,902 hectares of claims with prospecti ...

Core Viewpoint - U.S. GoldMining Inc. commends the State of Alaska's submission of a permit application for the West Susitna Access Project, which will enhance infrastructure connectivity for the Whistler Gold-Copper Project and support economic growth in the region [1][3]. Infrastructure Development - The West Susitna Access Project (WSAP) is a proposed 78.5-mile access road that will connect the Whistler Project to existing transportation infrastructure in the greater Anchorage area [2][5]. - The WSAP will provide year-round public access to remote State and private lands, facilitating resource development opportunities, including the Whistler Project [2][5]. Economic Impact - Alaska Governor Mike Dunleavy highlighted the project's potential to improve access for local residents and create job opportunities in mining, processing, and manufacturing [3]. - The project aligns with the State's policy to invest in critical infrastructure to stimulate economic growth, which was a factor in U.S. GoldMining's decision to launch its initial public offering in 2023 [3]. Resource Development - The Whistler Project consists of several gold-copper porphyry deposits, with a mineral resource estimate of 294 million tons at 0.68 g/t AuEq for 6.48 million ounces AuEq indicated, and 198 million tons at 0.65 g/t AuEq for 4.16 million ounces AuEq inferred [8]. - The project is positioned to contribute to the U.S. clean energy transition, with copper being recognized as a critical mineral [3]. Strategic Positioning - U.S. GoldMining is well-positioned to benefit from strong federal and state government support, as well as high prices for copper, gold, and silver [3]. - The company is committed to advancing its proposed initial economic assessment and upcoming exploration program, while collaborating with government and stakeholders to support the WSAP [3].

Core Viewpoint - CopperCorp Resources Inc. has successfully closed the second and final tranche of its private placement, raising a total of $2,500,319 to support its exploration activities in Tasmania, particularly at the Razorback project [1][5]. Group 1: Private Placement Details - The second tranche involved the issuance of 10,882,354 Units, with Crescat Portfolio Management LLC being a significant investor, now holding 9.3% of CopperCorp's issued shares on an undiluted basis [2][4]. - Each Unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.13 for two years [4]. Group 2: Use of Proceeds - The funds raised will be allocated for exploration drilling and development of the Hydes and Jukes properties in western Tasmania, as well as for general working capital [5]. Group 3: Strategic Insights - Crescat's CEO expressed confidence in CopperCorp's potential to discover a copper-gold deposit in Tasmania, highlighting the company's strategic land holdings around the Mt Lyell deposit [3]. - The company is set to commence drilling at high-priority targets, including Hydes, which has not been drilled before, indicating a proactive approach to exploration [3][5]. Group 4: Insider Participation - Insiders participated in the Offering, acquiring a total of 352,941 Units, which is classified as a related party transaction under TSX Venture Exchange policies [8].

Core Viewpoint - Adyton Resources Corp. has announced an upsized private placement offering due to strong investor demand, aiming to raise up to $14 million through the sale of 35 million units at $0.40 each, alongside a non-brokered private placement to raise an additional $6 million [1][2]. Group 1: Offering Details - The Offering will consist of up to 35,000,000 units at a price of $0.40 per unit, resulting in gross proceeds of up to $14,000,000 [1]. - Each unit will include one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one share at $0.60 for 24 months [1]. - A concurrent non-brokered private placement aims to raise up to $6,000,000 by issuing up to 15,000,000 units on the same terms as the Offering [2]. Group 2: Regulatory and Closing Information - The Offering is subject to applicable exemptions from prospectus requirements and is expected to close around August 13, 2025, pending regulatory approvals [3]. - Securities issued will be subject to a statutory hold period of four months plus one day from the closing date [3]. Group 3: Company Overview - Adyton Resources Corp. focuses on developing gold and copper resources in Papua New Guinea, with a portfolio of mineral exploration projects [4]. - The company has indicated resources of 173,000 ounces of gold and inferred resources of 2,000,000 ounces of gold across its projects [5]. - The Feni Island Project has an inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, equating to 1,460,000 ounces of contained gold [6].

Core Viewpoint - Silicon Metals Corp. has acquired additional mining claims, creating a new project named the 'Maple Birch Project' in the Sudbury Mining District of Ontario, which is highly prospective for high purity quartz-rich pegmatite mineralization [1][2][3] Group 1: Project Details - The Maple Birch Project encompasses a total of 1,848 hectares and is underexplored, with existing high purity quartz-rich pegmatite mineralization already discovered [3] - The project includes an Aggregate Production Permit that allows for the extraction of high purity quartz pegmatite "pods" [3][10] - The company plans to conduct a detailed exploration program to potentially discover more valuable pegmatite pods [3] Group 2: Operational Plans - The company is in discussions with local contract miners and refiners to re-establish old resource roads, prepare the quarry area, and execute drilling and blasting operations [5] - Typical quarrying costs in the area range from $100 to $200 per tonne, which could lead to significant upside for the company and its shareholders if successful [6] - Historical data indicates that prior operators extracted approximately 20 tonnes of bulk samples from the Aggregate Production Permit and sold them for USD $1,000 per ton between 2010 and 2015 [7] Group 3: Future Outlook - The company anticipates significant growth potential in 2026, which could enhance shareholder value while performing exploration [8] - Advanced geochemical and metallurgical testing for the high purity material is being planned to assess its value further [8] - The company aims to position itself as a unique junior mining resource company, with the Maple Birch Project serving as a foundational asset [8]

Core Viewpoint - Silicon Metals Corp. has signed definitive agreements to acquire 100% ownership of an Aggregate Permit and surrounding mineral claims in the Sudbury District of Ontario, along with plans for a private placement to raise up to $800,000 [1][3]. Acquisition Details - The company has entered into two definitive agreements with separate vendors to acquire an Aggregate Permit AP6453 and five mining claims covering quartz-rich pegmatite mineralization [1][5]. - The active Aggregate Permit allows for the extraction of high purity quartz material through quarrying, covering an area of 6.77 hectares with an initial extraction capacity of 3,000 tonnes per year [6]. Financial Aspects - The company plans to complete a private placement of up to 16,000,000 non-flow-through units at a price of $0.05 per unit, aiming for gross proceeds of up to $800,000 [10][11]. - Proceeds from the offering will be used for the advancement and development of the Permit and surrounding claims, as well as for general working capital [11]. Share Issuance Terms - Silicon Metals is required to make several cash payments and issue common shares to the optionor as part of the acquisition agreements, including $25,000 in cash and 500,000 common shares upon CSE approval [7][8]. - Additional share issuances of 1,500,000 common shares are required at specified intervals following CSE approval [7]. Project Updates - The company has received LiDAR data for the Ptarmigan Project and is currently conducting internal analysis and modeling [9]. Company Background - Silicon Metals Corp. is focused on exploration in western Canada, holding interests in multiple silica projects, including the newly acquired Aggregate Permit in Ontario [15].

Core Viewpoint - Evergold Corp. has entered into a binding letter of intent to acquire a 100% ownership interest in four claim groups totaling 173 hectares within its Golden Lion property, subject to regulatory approvals and a share consolidation process [1][2]. Acquisition Details - The acquisition involves a staged payment of $80,000 worth of post-Consolidation Evergold Shares over two years, with specific issuance dates and conditions [1]. - Upon exercising the option, Evergold will grant a 2.5% net smelter returns royalty to the Optionor, with the possibility to buy back 1.5 percentage points for $1.5 million [1]. Historical Context - The acquired tenures include the Goat, Chuck, Copper King, and Claw prospects, known collectively as the 'Copper King' property, which has historical references to copper mineralization from drilling in 1975 and rock sampling in 1984 [3]. - Previous reports recommended delaying further exploration until higher metal prices were observed, and no significant exploration has occurred since [3]. Strategic Importance - The acquisition is seen as a strategic move to enhance exploration activities in the Toodoggone camp, particularly following recent discoveries in similar geological settings [4]. - The company plans to focus exploration efforts on the new claims and other target areas within the Golden Lion property [4]. Deferred Commitments - All staged cash payment and work commitments for the DEM property have been deferred for one year at no cost to the company, allowing for future exploration based on financing availability [5]. Company Background - Evergold Corp. is a mineral exploration company listed on TSX-V, with a successful track record in the junior exploration sector, including a notable past project that yielded a significant return on investment [8].

VANCOUVER, British Columbia, July 07, 2025 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR) (OTC Pink:LANRF) (FRA:6UF0) ("Lancaster", the "Company") is pleased to announce the completion of its acquisition of 100% of the Lake Cargelligo Gold Project, a district-scale exploration property in the famed Cobar mining district of New South Wales, Australia. Effective June 30, 2025, the acquisition was completed by Lancaster Gold Australia Pty Ltd., a wholly owned subsidiary established to lead exploration ...

Core Viewpoint - ValOre Metals Corp. is advancing its Pedra Branca Platinum Group Elements (PGE) Project in Brazil, focusing on high-quality gold exploration and development opportunities while achieving significant exploration results from recent drilling activities [1][2][4]. Exploration Highlights - The recent Trado auger drilling program at the Esbarro deposit involved 87 holes, with over 560 meters of PGE-bearing rock intercepted, confirming high-grade mineralization [5][6]. - Notable assay results include a standout from hole AD25ES99, which reported 10.0 meters grading 12.95 g/t 2PGE+Au, including 4.0 meters at 29.57 g/t 2PGE+Au [2][11]. - A total of 74 out of 87 holes returned PGE mineralization, with 28 holes exceeding 10 gram-metres in grade-thickness values [5][6]. Regulatory Advancements - Brazil's National Mining Agency (ANM) has approved the Final Exploration Reports for key mineral claims within the Pedra Branca Project, allowing the claims to enter the Mining Concession application phase [12][13]. - This regulatory milestone enhances the project's development readiness and enables intensified technical de-risking and project development work [13]. Metallurgical and Engineering Developments - Ongoing metallurgical testwork is being conducted in collaboration with the University of Cape Town, focusing on optimizing PGE recoveries from various rock domains, with preliminary results expected by the end of July [6][12]. - Preliminary water supply studies are set to begin in the second half of 2025 as part of preparations for a future Preliminary Economic Assessment (PEA) [6]. Resource Potential - The Pedra Branca project hosts a total inferred resource of approximately 2.2 million ounces (Moz) of 2PGE+Au, with significant exploration and resource expansion potential identified [21][12].