Core Viewpoint - Kenadyr Metals Corp., soon to be renamed Algo Grande Copper Corp., has successfully closed the third tranche of a non-brokered private placement, raising a total of $3,824,400 for the acquisition of the Adelita Project and related expenses [1][4]. Group 1: Private Placement Details - The third tranche involved 2,314,701 subscription receipts priced at $0.375 each, generating gross proceeds of $868,012.88 [1]. - The total amount raised from the private placement, including previous tranches, is $3,824,400 [1]. - Each subscription receipt will convert into one common share upon meeting certain escrow release conditions, including the completion of the Proposed Transaction and TSXV approval [2]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated to exploration expenses, property payments for the Adelita Project, salaries, consulting fees, marketing, investor relations, and general administrative expenses [4]. - The company has received conditional approval from the TSXV for the Proposed Transaction, expected to close around December 16, 2025 [4]. Group 3: Finder's Fees and Warrants - In connection with the third tranche, Kenadyr paid cash finder's fees of $10,500 and issued 84,000 finder's warrants, each exercisable at $0.375 for two months [3]. - Additionally, 56,000 common shares will be issued to an arms-length finder as part of the finder's fee settlement [3]. Group 4: Technical Report - Kenadyr has filed an independent technical report for the Adelita Project, dated August 15, 2025, prepared by a qualified person [7][8]. - The report is available on SEDAR+ and provides insights into the project's potential [8]. Group 5: Company Overview - Kenadyr Metals Corp. is focused on advancing the Adelita Project, which is located in the Arizona-Sonora copper belt and encompasses 5,985 hectares [9][10]. - The project features a high-grade skarn discovery and potential for a porphyry system, indicating significant mineralization opportunities [10].

Core Viewpoint - Ivanhoe Electric has successfully closed a $200 million senior secured multi-draw bridge facility to support the Santa Cruz Copper Project in Arizona, enhancing its financial position during ongoing project financing discussions [1][2]. Financing Details - The bridge facility is a crucial part of Ivanhoe Electric's long-term financing strategy for the Santa Cruz Copper Project, providing immediate balance sheet strength and funding for major construction activities set to begin in 2026 [2]. - The facility complements ongoing discussions for broader project financing, which may include project-level minority equity investment and long-term project debt [2]. - Ivanhoe Electric has received a Letter of Interest from the U.S. Export-Import Bank for $825 million in project debt, with the full application currently in process [2]. Key Terms of the Bridge Facility - The bridge facility has a two-year maturity term with a single repayment at maturity [10]. - The borrowing rate is based on the three-month Secured Overnight Financing Rate plus a margin of 5.0%, increasing by 0.5% at specified intervals, with an approximate rate of 8.7% on drawn amounts as of the announcement date [10]. - The facility is secured by Ivanhoe Electric's private land holdings and certain physical assets associated with the Santa Cruz Copper Project [10]. Company Overview - Ivanhoe Electric is focused on developing mines from mineral deposits primarily located in the United States, aiming to support American supply chain independence by delivering critical metals [4]. - The company utilizes advanced technologies, including the Typhoon™ geophysical surveying system and data analytics from its subsidiary, to enhance mineral exploration efforts [4]. - Ivanhoe Electric is also engaged in a joint venture with Saudi Arabian Mining Company to explore minerals in the Arabian Shield and has established an exploration alliance with BHP Mineral Resources Inc. for critical minerals in the U.S. [4].

More Opportunities for Growth of the Thor Silver Deposit ESTES PARK, CO / ACCESS Newswire / December 15, 2025 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) is providing an update on its exploration activities at Thor. The Company is engaged in efforts to expand the Thor epithermal deposit beyond the boundaries of the published Mineral Resource. ...

Core Viewpoint - Kingsmen Resources Ltd. has reported high-grade gold samples from its Almoloya project in the Parral mining district of Chihuahua, Mexico, indicating significant exploration potential and the presence of a robust mineralization system [3][6][15]. Group 1: Project Overview - The Almoloya project is 100% owned by Kingsmen and is located 30 km west of the Las Coloradas silver project, encompassing historically significant mines such as Cigarrero and Las Juliettas [3][15]. - The project represents a consolidation of previously fragmented claims, providing a contiguous land package with extensive historical data available for future exploration [13][15]. Group 2: Sampling Results - A total of 527 samples were collected from historic underground workings and surface samples, revealing significant gold values over approximately 500 meters [4][6]. - Notably, one sample returned a high grade of over 34.1 g/t gold over 0.5 meters, with additional samples showing values ranging from 1.14 to 5.9 g/t and 0.13 to 1.02 g/t gold [6][10]. - The presence of structurally controlled high-grade gold mineralization at the Juliettas prospect suggests high exploration potential, with ongoing sampling planned for the South Block [6][15]. Group 3: Geological Characteristics - The identified structures range from 50m to 400m in length, up to 1.2m wide, and extend to depths of 200m, with gold mineralization associated with various minerals including calcite, dolomite, and pyrite [4][6]. - The host rock is primarily limestone, exhibiting moderate to strong marbling and recrystallization, which is conducive to mineralization [4][6]. Group 4: Company Strategy and Future Outlook - The company aims to leverage the high gold values from the Almoloya project to identify new targets and drive growth and value creation for shareholders [6][15]. - Kingsmen Resources is focused on unlocking the potential of its two 100%-owned precious-metal districts, with both projects situated in a historically productive silver belt [15].

Core Viewpoint - CopAur Minerals Inc. has engaged APEX Geoscience Ltd. to conduct a field-based program at the Troy Canyon property in Nevada, focusing on geological mapping and surface rock geochemical sampling to advance exploration efforts [1][4]. Group 1: Project Overview - The Troy Canyon gold-silver project is located in the Grant Range of eastern Nye County, Nevada, covering 493 hectares with 59 contiguous unpatented mineral claims [3]. - High-grade gold mineralization is found within massive quartz veins and breccias, with significant exposure along the contact between limestone and quartz monzonite [3]. Group 2: Exploration Program - The fall 2025 exploration program aims to follow up on previous high-grade gold-silver assays, with new surface rock samples and detailed geological mapping to inform diamond drill hole planning [4]. - Initial geological observations indicate mineralized quartz vein localization along the sheared contact of the Troy pluton, suggesting potential continuity related to fold axes in the overlying Cambrian limestone and shale [5]. Group 3: Historical Context and Future Plans - The Troy Canyon property includes the past-producing Locke Mine, which operated in the late 1940s with reported gold grades exceeding 10 grams/tonne [6]. - The current field reconnaissance is intended to support a permitting program in 2026, allowing for a diamond core drill program to commence in late 2026 or early 2027 [6]. Group 4: Stock Options - The Board of Directors has approved the grant of 1,000,000 stock options to various stakeholders, exercisable at $0.15 per share for five years [9].

Core Insights - Kingsmen Resources Ltd. has reported initial results from its surface sampling program at the Almoloya gold-silver project, indicating significant gold mineralization and exploration potential [1][5]. Project Overview - The Almoloya project is a 100% owned gold-silver project located 30 km west of the Las Coloradas silver project in Parral, Chihuahua, Mexico, consolidating claims into a contiguous land package [1][11]. - The project includes historically significant mines, Cigarrero and Las Juliettas, and has not seen systematic exploration since the early 2000s, leaving substantial potential untapped [11]. Sampling Results - A total of 527 samples were collected from historic underground workings and surface samples, revealing two long N-trending structures and local NW-trending structures, with lengths ranging from 50m to 400m and widths up to 1.2m [2]. - Significant gold values were reported over approximately 500 meters, with 28 samples exceeding 6.16 g/t gold, and 82 samples ranging from 1.14 to 5.9 g/t gold [4][9]. Notable Findings - The highest gold assay recorded was over 34.1 g/t gold over a 0.5m interval, confirming the expansive mineralization system at Almoloya [5]. - The presence of structurally controlled high-grade gold mineralization at the Juliettas prospect indicates high exploration potential, with ongoing sampling planned for the South Block [5]. Company Background - Kingsmen Resources is focused on exploring its two 100%-owned precious-metal districts, Las Coloradas and Almoloya, both located in a historically productive silver belt in Mexico [14]. - Recent drilling at Las Coloradas has confirmed new zones of high-grade mineralization, highlighting the potential for multiple parallel structures across a 4.5-kilometer trend [14].

Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Pacifica Silver Corp. (CSE: PSIL) (OTCQB: PAGFF) ("Pacifica Silver" or the "Company") is pleased to report assay results from the first 10 of 29 drill holes completed to date in the Company's Phase I, 8,000-metre drill program at its 100% owned Claudia Silver-Gold Project located in the historic El Papantón Mining District in Durango State, Mexico. Initial Phase I Drill HighlightsHole 25CLAU039D intersected 6.35 m of 2.94 g/t Au and 313 g/ ...

Core Insights - Wesdome Gold Mines Ltd. has made significant progress in its exploration activities at the Eagle River mine, particularly in the Mishi and Magnacon areas, revealing a new interpretation that opens up 10 kilometers of potential strike length along the Mishibishu Deformation Zone [2][3][12] Exploration and Drilling Results - The 2025 drilling program has confirmed the potential for depth extensions and strike length increases in the Mishi Zone, with notable intersections including 8.3 g/t Au over 4.7 meters and 6.4 g/t Au over 2.5 meters [5][10] - Drilling at the Dorset Zone has also shown that the deposit remains open at depth and along strike, with over 14,000 meters drilled in 2025 [4][18] - The Falcon 720 Zone continues to show high-grade assays, with significant intersections such as 10.0 g/t Au over 5.4 meters [19][54] Structural Mapping and New Targets - Detailed structural mapping has defined a newly interpreted basin margin thrust fault along the Mishi-Magnacon trend, indicating a compelling exploration opportunity within the metasedimentary package to the south of the known deposits [12][14][13] - The Feather River and Abbey Lake areas have emerged as high-priority long-term targets based on new structural interpretations and historical data [15][24] Future Plans - The company is on track to expand its regional exploration program in 2026, focusing on validating new interpretations and identifying similar structures across the land package [2][31] - A proof-of-concept drill program is planned for the Feather River target, which is aligned with the new geological model [15][23] - The Abbey Lake target will be a major focus of the 2026 structural mapping program, with initial drill testing scheduled for the fall [24][32]

Core Viewpoint - Azimut Exploration Inc. has signed a non-binding letter of intent to restructure its joint venture with SOQUEM, selling a 75% interest in the Galinée Property to LiFT Power Ltd, while retaining a 1.4% NSR royalty and a deferred payment of $1.5 million [1][3][5]. Group 1: Transaction Details - Azimut will acquire 2,000,000 shares from LiFT for a 50% interest in the Galinée Property, while SOQUEM will receive 1,000,000 shares for a 25% interest [3]. - The Galinée Property consists of 649 claims over 335 km and is located in an emerging lithium district, adjacent to the Adina property owned by Winsome Resources [4]. - The transaction is subject to customary closing conditions and requires approval from the TSXV [5]. Group 2: Strategic Implications - The consolidation of the Galinée and Adina properties will allow LiFT to enhance its property package, facilitating further development without boundary constraints [2]. - Azimut aims to focus on its flagship assets while maintaining exposure to lithium districts through equity ownership and retained royalties [2]. Group 3: Technical Information - The Galinée Property has shown high-grade lithium mineralization, with notable drill results including 1.62% Li₂O over 158.0m and 2.68% Li₂O over 54.6m [4]. - Additional exploration targets have been identified on the property, indicating potential for further resource development [4].

New Age Metals Inc. (CVE:NAM – Get Free Report)’s stock price rose 32.4% on Friday . The stock traded as high as C$0.48 and last traded at C$0.45. Approximately 2,138,384 shares were traded during trading, an increase of 1,978% from the average daily volume of 102,886 shares. The stock had previously closed at C$0.34. Get New Age Metals alerts: Wall Street Analysts Forecast GrowthSeparately, Fundamental Research set a C$0.95 price target on New Age Metals and gave the stock a “buy” rating in a research repo ...