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Inspiration Energy Plans Name Change to Inspiration Mining Corp.
TMX Newsfile· 2026-02-17 08:01
Core Viewpoint - Inspiration Energy Corp. plans to change its name to Inspiration Mining Corp. to better reflect its focus on copper and gold exploration, enhancing clarity for shareholders and potential investors [1][2]. Company Focus and Strategy - The name change aligns with the company's 100% ownership of over 85,000 acres in the Rottenstone gold/copper camp, strategically positioned near recent discoveries [2]. - The company has identified multiple gold-copper targets using advanced satellite data and plans to commence drilling shortly [2][9]. Project Details - The Rottenstone North project covers 4,512 hectares, and the acquisition of the Rottenstone West project adds 31,011 hectares, bringing total coverage to over 35,500 hectares (86,487 acres) [4]. - The projects are located near Ramp Metals Inc.'s discoveries, which include significant copper-gold sulphide targets [5]. Exploration Potential - Inspiration has a tight capital structure with just over 40 million shares outstanding, providing strong upside leverage to exploration success [6]. - The Rottenstone projects are situated along geological structures that host high-grade showings, including 73.55 grams per tonne Au and 1.61% Cu [7]. - Historical work on the Rottenstone West project has identified multiple massive sulphide occurrences, which remain untested by modern methods, presenting new discovery opportunities [8]. Upcoming Activities - An advanced atomic mineral resonance tomography (AMRT) satellite survey at the Rottenstone North project has identified high-priority targets, with a drilling program scheduled for early 2026 [9].
Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Continues to Expose New Massive Antimony-Bearing Stibnite Mineralization in the Marcus Zone
TMX Newsfile· 2026-02-17 08:00
Core Viewpoint - Antimony Resources Corp. has successfully expanded and outlined significant antimony stibnite mineralization at the Marcus (West) Zone, with further mineralization exposed through trenching [1][2]. Group 1: Mineralization Discovery - Continued trenching in the Marcus (West) Zone has effectively expanded the area of mineralization, leading to the discovery of new mineralized zones [2]. - The newly discovered mineralization can be easily tested by shallow drilling, with the potential to change drilling direction to optimize results [3][5]. Group 2: Exploration Program - The exploration program for 2026 includes a 10,000-meter definition drilling on the Main Zone, along with soil sampling and prospecting [7]. - Drilling is set to commence immediately on the Marcus (West) Zone, with plans to complete up to six shallow drill holes at depths of 30 to 50 meters [8]. Group 3: Historical Data and Potential - The Central Zone previously returned significant results, including 2.90% Sb over 8.18 meters, with higher grades of 5.79% Sb over 1.75 meters and 8.47% over 1.53 meters [8]. - The Bald Hill project is recognized as a high-grade antimony deposit, with drilling outlining a deposit over 700 meters long and to a depth of at least 350 meters, with average grades of 3% to 4% antimony [14]. Group 4: Company Overview - Antimony Resources Corp. is focused exclusively on antimony exploration and development, aiming to become a significant North American producer [12]. - The management team has extensive experience in financing, exploration, development, and mining, positioning the company for growth in the antimony sector [12].
Kutcho Copper Outlines Multiple Near Resource Drill Targets for 2026 Exploration Program
TMX Newsfile· 2026-02-17 06:00
Core Insights - Kutcho Copper Corp. is advancing its high-grade copper-zinc project in Northwest British Columbia, highlighting two significant near-resource drill targets, Hamburger and The Gap, which cover over 4 km² combined and are planned for testing in the 2026 drill program [1][2]. Exploration Targets - The Hamburger target is a high-priority area of over 2.8 km², more than double the current known mineral resource at the Main Deposit, with geological indicators suggesting multiple exploration target types [4][9]. - The Gap target covers 1.3 km² and is located at the intersection of two important conductivity trends, indicating potential for VMS-style mineralization [11][12]. Historical Drilling Insights - Historical drill holes near the Hamburger target have shown significant anomalous values, such as 0.227% Cu and 1.07% Zn over 1.9 m, suggesting proximity to economic massive sulphide mineralization [6]. - The Gap target has also shown positive indicators of VMS mineralization, with historical drilling revealing carbonate alteration and pyrite mineralization over lengths of up to 15 m [12][13]. Planned Drilling Program - In 2026, the company plans to drill six holes targeting the Hamburger and The Gap areas, with each hole accompanied by a down-hole EM survey to refine target direction [16].
Shallow High-Grade Cu-Au Results Continue at La Verde
Prnewswire· 2026-02-16 13:30
Core Highlights - Hot Chili Limited announced strong drill results from its La Verde copper-gold porphyry discovery, located 30 km south of the Costa Fuego project in Chile's Atacama region [1] - Significant intersections include DKD036 recording 150 m grading 0.52% CuEq (0.37% Cu, 0.21 g/t Au) from 30 m depth and DKD035 recording 220 m grading 0.47% CuEq (0.37% Cu, 0.14 g/t Au) from 38 m depth [1][2] - The results indicate a higher-grade, near-surface copper-gold zone, which is expected to contribute positively to the financial metrics of Hot Chili's March 2025 Pre-Feasibility Study [1] Drill Results - DKD036 includes 38 m grading 0.70% CuEq (0.55% Cu, 0.21 g/t Au) from 117 m depth [1] - DKD035 includes 68 m grading 0.64% CuEq (0.52% Cu, 0.15 g/t Au) from 187 m depth [1] - The latest results are located up-dip from previously reported intersections, indicating potential for further resource expansion [1] Mineralisation and Recovery - Visual estimates from drillhole DKD039 show strong copper porphyry-style mineralisation with chalcopyrite abundance estimated to average greater than 1% [1] - Initial metallurgical testwork indicates recoveries of 83% Cu, 56% Au, 83% Mo, and 37% Ag, similar to those recorded at Costa Fuego [1] - The copper equivalent (CuEq) formula used for calculations incorporates various metal prices, including Cu at 4.50 USD/lb and Au at 3,150 USD/oz [1][2] Future Plans - The company plans to expand its Phase two drill program, with a second drill rig expected to commence shortly [1] - Further exploration activities are aimed at extending the mineralised footprint at La Verde, with drilling having commenced on September 22, 2025 [2]
Copper Quest Announces Securities for Debt Settlement
Globenewswire· 2026-02-12 22:52
Core Viewpoint - Copper Quest Exploration Inc. has entered into a securities for debt settlement agreement to settle a debt of $113,405.28 through the issuance of 872,348 units at a deemed price of $0.13 per unit, which includes common shares and warrants [1][2]. Debt Settlement Agreement - The company will issue 872,348 units, each consisting of one common share and one share purchase warrant, to settle a debt of $113,405.28 [2]. - Each warrant is convertible into an additional share at an exercise price of $0.165 and will expire two years after issuance, with potential acceleration of the expiry date if the share price exceeds $0.50 for ten consecutive trading days [2]. Regulatory Approval - The agreement and the issuance of securities are subject to approval by the Canadian Securities Exchange (CSE) [3]. - The securities will be subject to a hold period of four months and one day in accordance with CSE policies and applicable securities laws [3]. Company Overview - Copper Quest holds interests in seven projects covering over 45,000 hectares in Canada and the USA, focusing on building shareholder value through acquisitions and exploration [4]. - The company has a 100% interest in several properties, including the Alpine Gold Mine, Stars Porphyry Copper-Molybdenum Property, Kitimat Copper-Gold Property, Nekash Copper-Gold Project, Stellar Property, and Thane Project, showcasing significant mineralization potential [5][6][7][8][9]. Project Highlights - The Alpine Gold Mine has a historical inferred resource of 268,000 tonnes, estimated to contain 142,000 ounces of gold [5]. - The Stars Property has drill intersection highlights of 0.466% Cu over 195.07m, indicating strong copper mineralization potential [6]. - The Kitimat Copper-Gold Property has historical drill results showing intersections of up to 1.03 g/t Au and 0.54% Cu over significant lengths [7].
RETRANSMISSION: Tartisan Nickel Corp. Intersects 11.0 Metres of 1.05% Ni, 0.33% Cu Including 2.0 Metres of 4.79% Ni, 1.25% Cu at the Kenbridge Nickel-Copper-Cobalt Project, Northwestern Ontario
TMX Newsfile· 2026-02-12 13:00
Core Viewpoint - Tartisan Nickel Corp. is advancing its Kenbridge Nickel-Copper-Cobalt Project in Ontario, with ongoing drilling aimed at expanding the size and grade of the nickel sulphide mineralization in the deposit [1][5]. Drilling Progress - A total of 2,700 meters of drilling has been completed, with the first three drill targets successfully executed. The fourth drill hole is currently in progress, targeting depth extensions below the existing shaft [2][5]. - The results from the second infill drill hole, KB26-208, confirmed the presence of significant mineralization in both A and B zones, with notable grades reported [3][5]. Mineralization Results - Zone A was intersected from 571.5m to 574.5m, yielding 0.68% Ni and 0.28% Cu over 3.0 meters. Zone B was intersected from 580.5m to 591.5m, returning 1.05% Ni and 0.33% Cu over 11.0 meters, including a high-grade interval of 2.0 meters grading 4.79% Ni and 1.25% Cu [3][5]. - The CEO expressed optimism regarding the continuity of significant nickel-copper mineralization, reinforcing the project's potential value for shareholders [5]. Project Location and Infrastructure - The Kenbridge Property is situated in the Kenora Mining District, Ontario, with all-season road access. The existing shaft reaches a depth of 2,042 feet (622 meters) [6][14]. Company Overview - Tartisan Nickel Corp. is a Canadian-based exploration and development company focused on critical minerals, owning multiple projects including the Kenbridge Nickel Project [14][15].
Tribeca Resources Provides Update on Field Activities in Chile and Engages Torrey Hills Capital
Thenewswire· 2026-02-12 11:00
Core Insights - Tribeca Resources Corporation is advancing its exploration activities at the Jiguata porphyry copper project and preparing for drilling at the Chirsposo Sur target within the La Higuera IOCG project [1][2] Group 1: Jiguata Porphyry Copper Project - The Jiguata Property spans 10,000 hectares in the Tarapacá region of northern Chile, located in a significant porphyry copper belt [3] - Geological mapping has identified multiple large alteration systems, with mineral assemblages indicative of high sulphidation epithermal environments [4][5] - Approximately 370 soil and 50 rock samples have been collected, with preliminary pXRF analysis underway [9] Group 2: La Higuera IOCG Project - The Chirsposo Sur Target is characterized by a strong hydrothermal magnetite alteration system, with a strike length of 1.2 km and associated geophysical anomalies [18] - The planned drill program includes three diamond holes totaling approximately 1,050 meters [20] - Historical drilling at the Chirsposo Sur Target has shown IOCG-style alteration with weak copper mineralization [19] Group 3: Investor Relations and Market Awareness - Tribeca Resources has engaged Torrey Hills Capital for investor relations services to enhance market awareness [23][24] - The engagement includes a monthly fee of US$4,500 for an initial term of four months, along with stock options granted to Torrey Hills and Global Ore Discovery [25][26]
Prismo Metals Advances to Drilling at Historic Silver King Silver Project with Permit Approval and Contractor Engagement
Thenewswire· 2026-02-12 08:00
Core Viewpoint - Prismo Metals Inc. has received formal permit approval from the U.S. Forest Service to initiate a fully funded drill program at the historic Silver King Mine project in Arizona's Copper Belt, marking a significant milestone for the company [1][4]. Drilling Program Details - The approved permit allows drilling from multiple pads to test the upper part of the Silver King mineralized body, which has been mined to a depth of approximately 300 meters [2][6]. - The initial phase of the drilling program will consist of 1,000 meters of diamond drilling, focusing on the upper portion of the steeply plunging mineralized body [4][6]. - Mobilization to the Silver King Project is scheduled for February 20th, 2026, with preparatory site work and access improvements to follow [3][4]. Exploration Potential - The drilling program aims to evaluate the significant exploration potential of the Silver King system, which has historically produced high-grade silver and base metals [4][9]. - Additional high-priority targets identified through recent exploration work may also be tested during the planned drilling [3][4]. Contractor Engagement - Prismo has engaged Godbe Drilling LLC, a reputable contractor with extensive experience in Arizona, to conduct the Phase 1 drilling program [7]. Historical Context - The Silver King mine, discovered in 1875, is one of Arizona's most significant historic silver producers, with nearly six million ounces of silver produced at average grades ranging from approximately 61 to 21 ounces per ton during early production [9]. - Limited small-scale mining in the late 1990s yielded samples with exceptionally high silver and associated gold values, indicating that high-grade mineralization remains within the system [9].
Defiance Silver Signs Long-Term Access Agreement at Its Green Earth Project, Sonora
TMX Newsfile· 2026-02-12 07:01
Core Viewpoint - Defiance Silver Corp. has secured a long-term surface access agreement for the Victoria target at its Green Earth Project in Sonora, Mexico, which is crucial for advancing exploration and development in a capital-efficient manner [1][2]. Company Developments - The five-year agreement allows the company to conduct surface exploration, drilling, and engineering studies at the Green Earth Project [1]. - The Victoria target is a large, previously untested porphyry copper-molybdenum-gold system located in the Sonora Laramide Porphyry Copper Belt, known for hosting world-class deposits [2]. - The Green Earth Project covers approximately 6,800 hectares and benefits from excellent infrastructure, year-round access, and proximity to skilled labor and services [2]. Stock Options and Awards - Defiance has granted a total of 2,720,000 incentive stock options to employees, directors, and consultants at an exercise price of $0.35, with a five-year exercise period and vesting over three years [4]. - An aggregate of 289,000 Deferred Share Units has been granted to certain directors, vesting on the one-year anniversary of the grant [5]. - A total of 458,000 Performance Share Units have been granted to employees, vesting on the one-year anniversary subject to performance criteria [6]. - An aggregate of 314,000 Restricted Share Units has been granted, vesting equally over three years starting from the one-year anniversary of the grant [7]. Company Overview - Defiance Silver Corp. is focused on advancing district-scale precious and base metal projects in Mexico, led by a management team experienced in exploration and development [8].
Novo Resources Business Update
Globenewswire· 2026-02-11 22:00
Core Insights - Novo Resources Corp. is actively advancing its gold exploration and development portfolio across Australia, focusing on multiple projects with significant potential for mineral discovery and resource definition [3][4][83]. Project Updates - The Belltopper Gold Project's updated Exploration Target has increased significantly, with a tonnage range of 2.1 million tonnes (Mt) to 3.1 Mt and a grade range of 6.7 grams per tonne (g/t) to 8.9 g/t Au, reflecting a 40% to 48% increase in tonnage and a 1.5% to 6% improvement in gold grade compared to the previous target [19][24][16]. - At the Tibooburra Gold Project, notable rock chip assay results include peak values of 39.9 g/t Au and 19.8 g/t Au from various sampling locations, indicating strong potential for high-grade gold [28][25]. - The Wyloo Au-Ag-Sb Project has identified new targets for follow-up drilling, with peak soil values indicating significant mineralization potential, including 57.2 ppm Ag and 142 ppm Sb [47][46]. - Drilling at Sherlock Crossing returned peak results of 3 m at 2.96 g/t Au and 1.86% Sb, with mineralization remaining open at depth [59][54]. Financial Position - As of December 31, 2025, the company reported a cash balance of A$8.5 million (C$7.7 million) and investments valued at approximately A$23 million (C$21 million) [69]. Corporate Developments - The company is undergoing leadership changes, with Mrs. Karen De Luca resigning as General Manager Exploration, and Mr. Bruce Hooper appointed as interim General Manager Exploration [63][64]. - Novo is actively seeking to identify and acquire additional gold and copper assets to enhance its portfolio, with ongoing discussions regarding potential joint ventures [65][66].