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Bunker Hill Enters 2026 With Strong Momentum Positioned As a New U.S. Critical Metals Producer
Globenewswire· 2026-01-06 11:15
Core Viewpoint - Bunker Hill Mining Corp. has made significant foundational progress in 2025, focusing on advancing the Bunker Hill Mine towards production and free cash generation, with a strong emphasis on safety and operational readiness as it prepares for a mine restart in 2026 [2][10]. Group 1: 2025 Year in Review - The company achieved zero Lost Time Injuries (LTIs) for the third consecutive year, maintaining 100% compliance with environmental permits [6]. - Key milestones included the optimization of the mine restart plan, increased silver content, and collaboration with VRIFY for enhanced mineral discovery [3][4][6]. - Metallurgical test work indicated expected recoveries of 89% for silver, 87% for lead, and 92% for zinc [6]. Group 2: Financial Strengthening - Bunker Hill completed a refinancing package that reduced outstanding debt by approximately 39% and lowered the effective cost of capital from 11.85% to 5% [9]. - The company secured incremental funding of US$68 million to finance remaining project milestones, enhancing liquidity and positioning for initial production [9]. Group 3: 2026 Outlook - The company is focused on production, positive cash generation, and resource expansion, with an emphasis on increasing the silver content in the mine plan [10]. - Processing plant construction is 88% complete, with phased commissioning starting in January 2026, aiming for a mine restart in the first half of 2026 [12]. - The tailings filter press construction is 56% complete, also on track for the expected mine restart [12]. Group 4: Market Environment - Metal prices for silver, zinc, and lead have strengthened significantly compared to previous assumptions, which could positively impact project economics [14][15]. - The company’s exposure to silver and base metals, along with its brownfield restart profile, provides leverage to favorable commodity markets [16].
Apex Receives Exploration Permit for Rift REE Project, Nebraska; Drill Program Preparation Underway
Accessnewswire· 2026-01-05 08:01
Core Viewpoint - Apex Critical Metals Corp. has received approval for its mineral exploration permit at the Rift Rare Earth Project, marking a significant step towards initiating its drilling campaign in Nebraska, USA [1][2]. Company Developments - The company is actively expanding its property position and has completed historical re-logging, re-assaying, and 3D modeling in preparation for the drilling campaign [2]. - The Rift Project now encompasses approximately 3,500 acres within the Elk Creek Carbonatite Complex, an area with extensive historical drilling results from previous operators [2][7]. - Historical drilling results include significant intervals of high-grade rare earth oxide (REO) mineralization, such as 155.5 meters at 2.70% REO and 68.2 meters at 3.32% REO [6][7]. Drilling Program Preparations - With the drill permit secured, Apex has commenced pre-drilling activities, with drilling expected to start in the first half of Q1/2026 [3]. - Preparations include finalizing discussions with contractors, securing drill mobilization schedules, establishing access routes, and refining targets based on historical data [6]. Strategic Positioning - Apex Critical Metals is focused on advancing rare earth element and niobium projects to meet the growing demand for critical and strategic metals in North America [7][9]. - The company is also advancing its 100%-owned Cap Project in British Columbia, which has shown significant niobium discovery potential [8].
Tocvan Provides 2025 Year in Review
Accessnewswire· 2026-01-02 07:05
Core Insights - The company achieved record high-grade gold and silver intercepts through core and RC drilling, indicating significant exploration success [1] - New discoveries in the North and South Blocks have expanded mineralization targets, showcasing the potential for further resource development [1] - Airborne surveys were conducted to identify untapped potential across the 22 km² project area, enhancing exploration strategies [1] Permitting and Development - The company secured critical permits for drilling, extraction, and a 10-year pilot mine facility with a capacity of 50,000 tonnes, facilitating future operations [1] - The permits enable trenching, infrastructure setup, and progression toward near-term production, indicating a strong development pipeline [1]
Royal Road Minerals Provides Exploration Update
TMX Newsfile· 2025-12-22 13:00
Toronto, Ontario--(Newsfile Corp. - December 22, 2025) - Royal Road Minerals Limited (TSXV: RYR) (OTCQB: RRDMF) ("Royal Road" or the "Company") is pleased to provide an exploration update for its activities in Colombia and the Kingdoms of Saudi Arabia and Morocco.ColombiaIn Colombia, work is advancing on finalizing drill locations and preparing for the upcoming drilling program at the Company's Guintar-Aleman-Margaritas ("GAM") project. A drone-borne magnetic survey is nearing completion and is being used ...
NorthWest Reports Results from Two Holes at its Kwanika Property Highlighted by a High-Grade Intercept of 43 Metres Grading 1.83 % Cu, 1.28 G/T Au (3.01% CuEq) from 260 Metres
Globenewswire· 2025-12-18 11:30
Core Insights - NorthWest Copper Corp. reported positive drill results from its Kwanika project, indicating higher-grade mineralization in two drill holes, K-25-283 and K-25-273, with significant copper and gold grades [1][2][3] Drill Results - Hole K-25-283 intersected 43 metres grading 1.83% Cu and 1.28g/t Au (3.01% CuEq) in the Central Zone, confirming continuity of mineralization [1][4][21] - Hole K-25-273 showed a near-surface intercept of 123 metres grading 1.31% Cu and 0.83g/t Au (2.09% CuEq), providing insights into structural controls in the mineralized area [1][3][4] Exploration Strategy - The 2025 exploration program aims to confirm and expand the understanding of higher-grade copper-gold mineralization, with results supporting a more economically robust development plan [2][6] - The company is focusing on higher-grade zones within the existing mineral resource, which is expected to enhance the project's economic viability [2][5] Geological Insights - The drilling results indicate the presence of significant mineralization across both the Pit and Central Zones, with K-25-273 providing clarity on the structural controls within a mineralized area [3][4][14] - The exploration program has successfully filled gaps in previous drilling, enhancing the understanding of the mineralization continuity [2][21] Future Plans - NorthWest plans to incorporate the latest drilling results into an updated preliminary economic assessment (PEA), improving upon the 2023 PEA [2][6] - The company is committed to responsible mineral exploration and aims to work collaboratively with First Nations for future development [27]
Cabral Gold Reports on Construction Progress at Cuiú Cuiú Gold Project
TMX Newsfile· 2025-12-17 11:30
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Cabral Gold Inc. (TSXV: CBR) (OTCQX: CBGZF) ("Cabral" or the "Company") is pleased to announce a construction update regarding its Phase 1 gold-in-oxide heap leach project at the Cuiú Cuiú Gold District, Brazil.HighlightsConstruction activity for the Phase 1 gold-in-oxide heap leach construction project is accelerating and remains on track and on budget for commercial production in Q4 2026 Detailed engineering is currently 26% complete and ...
Cornish Metals Obtains Final Order for Plan of Arrangement
Globenewswire· 2025-12-13 02:54
Core Viewpoint - Cornish Metals Inc. has received court approval for its re-domicile to the United Kingdom, facilitating the transfer of shares to a new entity, Cornish Metals plc, as part of a statutory plan of arrangement [1][2][3]. Group 1: Company Structure and Share Exchange - The arrangement involves exchanging one Cornish UK Share for every ten Cornish Canada Shares held, with rounding down to the nearest whole number [2]. - Shareholders with fewer than ten Cornish Canada Shares will receive no Cornish UK Shares [2]. - The transaction is expected to close around December 16, 2025, after satisfying customary closing conditions [3]. Group 2: Project Overview - Cornish Metals is advancing the South Crofty tin project, which is a historical underground tin mine in Cornwall, UK, and is the highest grade known tin resource not currently in production [6]. - The project is permitted for underground mining until 2071 and includes plans for a new processing facility and necessary site infrastructure [6]. - The South Crofty project could potentially be the first primary tin producer in Europe or North America, addressing the critical mineral demand as defined by various governments [6]. Group 3: Community and Economic Impact - The project is expected to generate over 300 direct jobs and has strong support from local communities and government [6].
Kobrea Receives Approval to Conduct Mineral Exploration at El Destino, Sofi and Cuprum Projects - Western Malargüe Mining District - Mendoza Province, Argentina
Newsfile· 2025-12-11 13:00
Core Viewpoint - Kobrea Exploration Corp. has received approval for mineral exploration activities across all its projects in the Western Malargüe Mining District, following the ratification of Environmental Impact Statements by the Mendoza provincial legislature [1][2][3] Group 1: Project Approvals - The Senate and Chamber of Deputies of Mendoza Province ratified Environmental Impact Statements for 27 exploration projects, allowing Kobrea to proceed with drilling and other exploration activities [1][3] - The approval process included extensive public hearings and technical analysis, demonstrating governmental support for mining in the region [3] Group 2: Company Overview - Kobrea Exploration Corp. focuses on the acquisition and exploration of base metal projects, holding rights to 7 projects covering over 733 square kilometers in southwestern Mendoza Province, Argentina [4] - The company is particularly focused on porphyry copper and copper-gold deposits, with multiple targets identified showing significant geological features [4] Group 3: Future Developments - Construction of access roads and an exploration camp is ongoing at the El Perdido Project, with a maiden diamond drilling program expected to commence shortly [1][2] - The approval of the San Jorge Project, located outside the Western Malargüe Mining District, is seen as a significant advancement for mineral exploration in Mendoza [2]
New Age Metals Expands Bonanza Ridge Gold And Critical Metals Project/Strategic Acquisition Of Lavender Lake & South Gibi Lake Properties
Thenewswire· 2025-12-10 22:20
Core Insights - New Age Metals Inc. has entered into an option agreement to acquire the Lavender and Gibi Properties, expanding its exploration portfolio in the Kenora Gold District [1][3][14] - The combined land position now totals approximately 8,500 hectares, enhancing the company's strategic footprint in a region known for both precious and critical metals [3][19] Property Details - The Lavender Property consists of 64 mining claims and 1 patented mining claim, covering 1,335 hectares, while the Gibi Property includes 186 mining claims totaling 3,881 hectares [2] - The company has the option to acquire 100% of these properties, subject to a 2% net smelter return royalty, which can be reduced to 1% for a payment of $1 million [2] Exploration and Sampling - A due diligence site visit in October 2025 confirmed the presence of multiple mineralized structural targets across both properties, with known occurrences of gold and copper [6][7] - Grab samples from the Lavender Property showed significant mineralization, including copper values up to 10,014 ppm and gold values up to 172 ppb [9][11] Strategic Positioning - The acquisition strengthens the company's position in the Bonanza Ridge Gold and Critical Metals Project area, which is recognized for its potential in gold and critical metals exploration [3][14] - The Kenora Gold District is noted for its historic gold production and ongoing investment from major mining companies, making it an attractive area for new discoveries [19] Financial Terms of the Agreement - The option agreement includes a series of cash payments and share issuances over three years, starting with $15,000 within 10 days of regulatory approval [20][21] - The agreement allows the company to terminate after the first year's commitments are fulfilled, with no finder's fees associated with the transaction [20] Infrastructure and Access - The properties benefit from excellent year-round access and infrastructure, including nearby highways and power transmission lines, facilitating exploration activities [7][18] - The strategic location near Kenora provides direct access to mining services and skilled labor, enhancing the company's operational capabilities [7][19]
NorthWest Reports Results From Three Holes at Its Kwanika Property Highlighted by Near Surface Intercept of 58 Metres of 0.96% Copper and 1.04 G/T Gold (1.92% CuEq) From 94 Metres
Globenewswire· 2025-12-10 11:00
Core Insights - NorthWest Copper Corp. reported positive drill results from its Kwanika project, with significant mineralization found in three drill holes, particularly hole K-25-275, which intersected 58 meters grading 0.96% Cu and 1.04 g/t Au, equating to 1.92% CuEq [1][2][4] Drill Results - The three drill holes exceeded expectations, expanding the quality and continuity of higher-grade near-surface mineralization, with hole K-25-284 extending Pit Zone 10 along strike and down-dip, indicating potential for future growth [2][6] - Significant intervals with higher grades were returned at shallow depths, supporting the potential for a high-grade starter pit in a future preliminary economic assessment (PEA) [2][4] Objectives and Strategy - The drill program aimed to define and expand higher-grade domains within the Pit Zone area, aligning with the company's strategy to enhance the economics of a new PEA by prioritizing higher-grade areas within the existing mineral resource [3][4] - The results from the first ten holes validate the 2025 drill program's objectives, which include improving understanding of higher-grade mineralization within the Central and Pit Zones [4][9] Geological Insights - The drill holes confirmed the presence of multiple near-surface, high-grade zones of mineralization, representing a shift from past modeling practices and enhancing future mineral resource estimates [6][7] - The exploration program is designed to confirm and expand understanding of higher-grade copper-gold mineralization, with early results indicating meaningful progress toward these objectives [9][8] Technical Details - Drill hole K-25-275 intersected a wide copper-gold zone over 58 meters, significantly wider than expected, attributed to structural thickening in the area [17][18] - Hole K-25-284 successfully extended Pit Zone 10 by 40 meters along strike and down-dip, where it remains open for further exploration [24][6] Company Overview - NorthWest Copper is focused on copper-gold exploration and development, with a portfolio of advanced and early-stage projects in British Columbia, positioning the company to capitalize on strengthening global copper and gold markets [30]