Core Viewpoint - Group Eleven Resources Corp. announced early warrant and option exercises totaling $2.2 million, enhancing its financial flexibility for ongoing drilling activities at the Carrickittle West prospect in Ireland, which is considered a promising target for mineralization [2][6]. Drilling and Exploration Update - Drilling at the Ballywire discovery continues with three rigs, having completed nine new holes, with significant results indicating the presence of brecciation, faulting, and hydrothermal fluids [4][5]. - The Carrickittle West prospect, which includes the Stonepark and PG West projects, is located near Glencore's Pallas Green deposit, with the potential to host a similar mineralizing system [4][25]. - Key attributes observed in the drilling include significant pyrite and trace sphalerite, suggesting proximity to high-grade mineralization [4][5]. Financial Position - The company has received proceeds of $2,206,752 from early warrant and option exercises since a C$2.5 million placement closed on February 28, 2025, increasing its cash position to approximately C$4.3 million as of June 13, 2025 [5][6]. - This strengthened financial position allows the company to ramp up drilling activities in 2025 and extend operations into 2026 [6]. Target Areas and Results - The most significant target emerging from recent drilling is the Kilteely Prospect, which features a large breccia body spanning at least 1.5 km [5]. - Additional target areas at Carrickittle West include the Bruff Prospect, which has shown extensive dolomitization and hydrothermal fluid flow, indicating potential for further mineralization [5][6]. - Future drilling plans include targeting the base of the Waulsortian Limestone on the hanging wall of the Kilteely Fault, with follow-up drilling warranted based on current findings [10][11].

VANCOUVER, British Columbia, June 11, 2025 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company”) is pleased to announce it has commenced the inaugural drilling program at its 11,755-hectare AZ Project, located 6 kilometers west of the Alaska Highway and 36 kilometres south of Beaver Creek, Yukon. The fully funded exploration program includes 2,000 metres of diamond drilling, along with extensive geological mapping and rock-chip sampling across several h ...

Core Viewpoint - Maxus Mining Inc. has entered into a Property Option Agreement to acquire a 100% interest in one tungsten and three antimony exploration properties in British Columbia, covering a total of 4,122 hectares, which positions the company to capitalize on essential minerals for emerging technologies and energy [2][3][29] Group 1: Acquisition Details - The Agreement involves acquiring four new projects focused on antimony and tungsten, enhancing the company's mineral portfolio [3][21] - The total area of the properties includes approximately 3,700 hectares for antimony projects and 422 hectares for the Lotto Tungsten Project [2][29] - The acquisition will be financed through cash payments totaling $150,000, common share issuances worth $400,000, and a minimum of $1,000,000 in exploration expenditures [21][24] Group 2: Project Highlights - The Quarry Antimony Project has historical samples showing high grades of antimony, with one sample assaying 20% Sb, 0.89 g/t Au, and 42.5% Pb [4][31] - The Lotto Tungsten Project is located in a mineral-rich area and has historical samples with tungsten mineralization, including a sample that assayed 10.97% WO3 [7][8][31] - The Altura Antimony Project is strategically positioned near a recent high-grade antimony discovery, with assays up to 69.98% Sb [6][19][31] - The Hurley Antimony Project is adjacent to the Reliance Gold Project, which reported significant antimony results, including 19.2% Sb [9][10][32] Group 3: Geological Context - The properties are situated in a leading Canadian jurisdiction with extensive geological potential, underlain by various rock formations that support mineralization [5][14][29] - The Quarry property is characterized by mineralized quartz veins in limestone, while the Lotto Project features scheelite mineralization in quartz veins [4][7] - The geological setting of the Hurley and Altura projects indicates a strong correlation between gold and antimony, enhancing their exploration potential [9][17][32]

Core Viewpoint - Mustang Energy Corp has entered into two strategic option agreements with Thunderbird Resources Ltd to acquire an undivided 80% interest in mineral tenements in the Athabasca Basin, marking a significant step in expanding its uranium land package [1][4]. Group 1: Agreements Overview - The first agreement, the Cluff Lake Agreement, allows Mustang to acquire an 80% interest in the Cluff Lake Project, which consists of five mineral claims located approximately 12 km northeast of the historical Cluff Lake uranium mine [2][5]. - The second agreement, the Surprise Creek Agreement, enables Mustang to acquire an 80% interest in the Surprise Creek Project, which spans multiple areas including Surprise Creek, Pring Lake, and Ellis Bay/Bob Lake [3][10]. Group 2: Project Details - The Cluff Lake Project is situated in a highly prospective area of the Athabasca Basin, with a MobileMT survey conducted in 2024 identifying several high-priority drill targets in the Moose Lake area [8][9]. - The Surprise Creek Project is located 25 km northwest of the Beaverlodge Uranium District, with historical drilling results showing significant uranium mineralization, including results of up to 2.1m at 4.37% U3O8 and surface sampling returning assays up to 7.98% U3O8 [11][12]. Group 3: Financial Commitments - For the Cluff Lake Project, Mustang will issue shares valued at CAD$200,000, make cash payments totaling CAD$120,000 over four years, and commit CAD$3,000,000 towards exploration [19][23]. - For the Surprise Creek Project, similar financial commitments are required, including share issuance valued at CAD$200,000, cash payments of CAD$120,000, and exploration expenditures of CAD$3,000,000 [22][24]. Group 4: Future Plans - Mustang's technical team is developing plans for field programs at both the Cluff Lake North and Surprise Creek Projects to refine drill targets and evaluate underexplored structural corridors with strong discovery potential [4][29].

Canter Resources Advances Railroad Valley Project with Integration of Historical Data Sets Figure 2. Railroad Valley Data Compilation - Oblique view with historical vertical drill holes surrounding the project integrated using legacy drill hole logs. June 03, 2025 7:00 AM EDT | Source: Canter Resources Corp. Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to announce the successful integratio ...

VANCOUVER, British Columbia, May 29, 2025 (GLOBE NEWSWIRE) -- Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF) (“Coppernico” or the “Company”), is pleased to announce the details of its upcoming virtual Annual General Meeting of Shareholders (the "Meeting"), to be held on Tuesday, June 24, 2025, at 10:00 a.m. Pacific Time, as well as a leadership fireside chat hosted by 3L Capital (the "Webinar"), scheduled for Wednesday, June 4, 2025, at 8:00 a.m. Pacific Time. Annual General Meeting of Shareholders The Me ...

Company Overview - Almadex Minerals Ltd. has acquired the area covering most of the historic Petaca District in northern New Mexico through staking, as part of its regional exploration program focused on copper-gold potential [1] - The company holds a large mineral portfolio consisting of projects and NSR royalties in Canada, the U.S., and Mexico, and has significant experience in porphyry lithocap exploration [6] Exploration Focus - The Petaca District has a history of mica production and contains rare earth element (REE) bearing minerals, which were occasionally recovered as by-products of mica mining [2] - Almadex's exploration program prioritizes porphyry lithocaps and epithermal precious metal systems, although REE projects are not the company's core focus [4][5] Technical Insights - The pegmatites in the Petaca District exhibit various forms and have been noted for their elevated REE concentrations, primarily reflecting the mineral samarskite [2] - A microprobe study confirmed the presence of several minerals, including Samarskite-(Y) and polycrase-(Y), indicating a high level of niobium (Nb) and yttrium (Y) in accessory minerals [3] Future Plans - The company intends to seek a joint venture partner with expertise in REE mineral systems to explore the Petaca District [4][5] - Almadex plans to advance and test its lithocap targets in 2025, leveraging its in-house exploration capacity and drilling units [6]

Core Insights - First Majestic Silver Corp. has announced a second significant gold-silver discovery at the Santa Elena property, specifically the Santo Niño vein, located 900 meters south of the processing plant, alongside positive drilling results from the Navidad discovery [3][4] - The discoveries at Santo Niño and Navidad highlight the growing scale and potential of the Santa Elena district, which now hosts four significant deposits: Santa Elena, Ermitaño, Navidad, and Santo Niño [3][4] Exploration Highlights - The Santo Niño vein has been traced over 1 kilometer along strike and 400 meters down-dip, with significant gold and silver grades returned from thirteen intercepts [5] - Drilling at the Navidad/Winter vein system has expanded the mineralization footprint, with drillhole EWUG-25-050 returning some of the highest grades ever encountered on the property, including 6.81 meters grading 14.77 g/t Au and 642 g/t Ag [6][24] Drilling Results - Significant intercepts from the Santo Niño vein include: - Hole SE-25-15: 1.91 meters at 8.38 g/t Au and 248 g/t Ag, including 0.43 meters at 27.50 g/t Au and 641 g/t Ag [8] - Significant intercepts from the Navidad vein include: - Hole EWUG-25-050: 6.81 meters at 14.77 g/t Au and 642 g/t Ag, including sub-intervals of 1.19 meters at 29.51 g/t Au and 919 g/t Ag [9][24] District-Scale Exploration Strategy - The exploration strategy has successfully delivered two significant discoveries within a year, reinforcing the potential of the Santa Elena district as a multi-deposit system [12][23] - An aggressive drilling program is currently underway, with nine active rigs testing the full strike length and depth potential of the new discoveries [23]

Core Points - American Tungsten Corp. has commenced construction and building work at its Idaho-based tungsten project, the Ima Mine, to support exploration and mine planning [1] - The Ima Mine is a past producing underground tungsten mine that produced approximately 199,449 MTUs of WO3 between 1945 and 1957 [2] - The CEO expressed excitement about the successful site visit, which will facilitate rehabilitation, environmental sampling, and stakeholder relations to bring the Ima Mine back to production [3] - Historical drilling, sampling, and metallurgical testing have identified multiple drill targets and demonstrated the viability of gravity separation and sulfide flotation processes [4] - The company is rehabilitating certain road sections, collecting baseline environmental data, and reviewing the property's infrastructure while digitizing historical exploration information [4] Company Overview - American Tungsten Corp. is involved in the acquisition and exploration of mineral properties, including the Star Project in British Columbia and the Ima Mine Project in Idaho [16] - The company has entered into option agreements to acquire a 100% interest in both the Star Project and the Ima Mine Project, with the latter being subject to a 2% royalty [16]

Core Viewpoint - Fury Gold Mines Limited has entered into a subscription agreement with Agnico Eagle Mines Limited, resulting in Agnico acquiring 6,728,000 units at C$0.64 per unit, totaling gross proceeds of C$4,305,920 [1][2] Investment Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable at C$0.80 for 36 months, subject to accelerated expiry conditions [1] - Agnico's investment increases its ownership in Fury to 6.3% of issued shares and 9.9% on a partially diluted basis [2] Use of Proceeds - Proceeds from the private placement will be allocated as follows: C$3.9 million for exploration at the Committee Bay project, with the remainder for other projects and general corporate purposes [3] Management Commentary - The CEO of Fury expressed satisfaction with Agnico's investment, highlighting the potential of the Committee Bay project and the importance of the Arctic for future mineral exploration [4] Investor Rights Agreement - An investor rights agreement was established, granting Agnico the right to nominate a board member and participate in future equity offerings to maintain its ownership interest [5] Company Overview - Fury Gold Mines Limited is a Canadian-focused exploration company with a significant shareholding in Dolly Varden Silver Corp and aims to grow its gold platform through rigorous project evaluation and exploration [6]