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Delta Resources to Attend NWOPA 2026 Showcase in Thunder Bay
TMX Newsfile· 2026-03-31 10:50
Core Viewpoint - Delta Resources Limited will participate in the Northwest Ontario Prospectors Association Showcase on April 8-9, 2026, to engage with the exploration community and showcase its Delta-1 Gold Project [1][2]. Company Participation - Delta will host a meet-and-greet event in Thunder Bay on April 8, inviting attendees to contact the company for guest list inclusion [3]. - The CEO of Delta, Ron Kopas, expressed enthusiasm for connecting with industry peers and emphasized the importance of the NWOPA event in fostering collaboration and advancing exploration in Northwestern Ontario [4]. Project Details - Delta's Delta-1 Gold Project is located approximately 50 km west of Thunder Bay along the Trans-Canada Highway and features a large, near-surface gold system [6]. - The Eureka Gold Deposit within the project extends over 2.5 km in strike length and to depths exceeding 300 meters, with mineralization observed to approximately 600 meters vertical depth [7]. - The property spans 297 km² and hosts multiple prospective mineralized corridors, with notable drill intercepts including 5.92 g/t Au over 31 m (including 14.8 g/t Au over 11.9 m) and 1.79 g/t Au over 128.5 m [7].
Edison Lithium Provides Clarifying Disclosure Regarding Option for Joutel North-West and Gagne Gold Properties from Globex
TMX Newsfile· 2026-03-30 21:37
Core Viewpoint - Edison Lithium Corp. has clarified details regarding its property option agreement with Globex Mining Enterprises Inc. to acquire a 100% interest in specific gold and copper properties, subject to a 3% Gross Metal Royalty retained by Globex [1][3]. Group 1: Transaction Details - The deemed price for common shares to be issued in connection with the transaction will be no less than $0.12 per share, aligning with the discounted market price as per TSX Venture Exchange policies [2]. - The Joutel North-West gold property comprises 46 mineral claims, while the Gagne gold and copper property consists of 24 mineral claims, both subject to a 3% gross metals royalty in favor of Globex [3]. - An amendment to the agreement has removed the requirement to issue shares within 30 days, allowing the company to issue $150,000 worth of common shares at a deemed price of $0.12 per share upon acceptance by the TSX Venture Exchange [4]. Group 2: Compliance and Reporting - The company has shortlisted qualified geological consultants to conduct a site visit and prepare a technical report on the properties, adhering to National Instrument 43-101 standards [5]. - All other information disclosed in the previous news release dated March 2, 2026, remains unchanged [6]. - The transaction is still subject to acceptance by the TSX Venture Exchange [7]. Group 3: Company Overview - Edison Lithium Corp. is a Canadian junior mining exploration company focused on the procurement, exploration, and development of cobalt, lithium, alkali, and other energy metal properties, aiming to build a portfolio of quality assets for the battery industry [9].
GGL Resources Corp. Announces Closing of Earn-In Agreement with Nelson Resources Limited on Its Gold Point High-Grade Gold-Silver Project, Nevada
Accessnewswire· 2026-03-24 12:30
Core Viewpoint - GGL Resources Corp. has successfully closed an option agreement with Nelson Resources Limited, allowing NES to acquire up to a 90% interest in GGL's Gold Point high-grade gold-silver project in Nevada [1]. Group 1: Acquisition Details - The acquisition terms, including the earn-in terms, performance rights, finders and disposition fees, and net smelter return royalties, are fully disclosed in GGL's updated news release from March 16, 2026 [2]. - GGL received disinterested shareholder approval from shareholders holding over 50% of the total shares [2]. Group 2: Company Overview - GGL Resources Corp. is a Canadian junior exploration company focused on exploring and advancing under-evaluated mineral assets in stable, mining-friendly jurisdictions [3]. - The company owns the McConnell Project, which includes mesothermal gold veins and an under-explored porphyry copper-gold prospect in British Columbia [3]. - GGL has optioned the vein portion of its claims in the Gold Point district, which covers several gold-silver veins, including five that previously hosted high-grade mines, and has identified a new Cu-Mo-Au porphyry target [3]. - Additionally, GGL holds diamond royalties on mineral leases adjacent to the Gahcho Kué diamond mine and southwest of the Ekati diamond mine in the Northwest Territories [3].
Inventus Reports $1.16 Million in Gold Sales and 102% Return on Bulk Sample Cost at Pardo
Accessnewswire· 2026-03-18 11:00
Core Insights - Inventus Mining Corp. reported gold sales of $1.16 million from its Pardo Project, achieving a 102% return on bulk sample costs [1][2] - The Trench 1 bulk sample processed 2,512 dry tonnes, recovering 172 ounces of gold, with a head grade estimated at 2.51 g/t and a metallurgical recovery of 85% [3][4] Financial Performance - Total gold sales amounted to $1,166,596, exceeding direct bulk sample costs of $578,626 [1] - Direct bulk sample costs were approximately $578,626, translating to $230 per dry tonne processed and $3,364 per ounce recovered [4] Project Development - Approximately 17,500 tonnes of material are stockpiled and ready for processing, with an additional 20,000 tonnes permitted for extraction [2] - The ongoing drilling program has completed 96 drill holes, with assay results pending [2] Technical Information - The bulk sample was processed at McEwen Mining's Stock Mill using a conventional carbon in leach (CIL) flowsheet [7] - The milling campaign faced challenges due to severe winter conditions, affecting throughput and reliability of tailings sampling [3]
Tocvan Announces Appointment of Darin Wagner as Special Advisor
Accessnewswire· 2026-03-11 06:05
Core Insights - Tocvan Ventures Corp. has appointed Darin Wagner as Special Advisor, bringing over 35 years of experience in mineral exploration and corporate development [1] - Wagner's expertise in gold systems and successful track record in building exploration companies will support Tocvan's strategic guidance on exploration and project development [1] - The Gran Pilar Gold-Silver Project is positioned for near-term production, with significant exploration successes indicating its potential as a premier asset [2] Company Overview - Tocvan Ventures Corp. is focused on advancing high-potential gold and silver projects in Sonora, Mexico, holding a 100% interest in over 21 km² of prospective ground [2] - The company has a strategic plan for a 50,000-tonne pilot production facility at Gran Pilar, enhancing its growth potential [2] - Tocvan also holds a 51% interest in a joint venture area with Colibri Resources, further expanding its operational footprint [2] Exploration and Development Highlights - Recent drilling results at Gran Pilar include notable intersections such as 19.4 g/t Au over 3.1 meters and 136 g/t Ag over 10.7 meters, showcasing the project's high-grade potential [1][2] - The company has achieved impressive metallurgical recovery rates, with gravity recovery tests showing 95% to 99% recovery of gold and 73% to 97% recovery of silver [2] - The Gran Pilar Project's exploration strategy is supported by robust quality assurance protocols, ensuring the reliability of sample analysis [2]
Supreme Critical Metals Appoints Veteran Mining Geologist and Former Scotiabank Director Peter Baxter as Senior Advisor
TMX Newsfile· 2026-03-10 09:15
Core Viewpoint - Supreme Critical Metals Inc. has appointed Peter Baxter, a veteran mining geologist and former investment banking director at Scotiabank, as Senior Technical Advisor to enhance its portfolio of gold, silver, and copper projects [1][2]. Company Overview - Supreme Critical Metals Inc. is a publicly traded exploration company focused on advancing a portfolio of high-potential gold, silver, and copper properties, primarily in British Columbia and Nevada, which are recognized as mining-friendly jurisdictions [5]. Appointment of Peter Baxter - Peter Baxter brings over 40 years of international experience in mineral exploration, project evaluation, and mining finance, with a significant portion of his career spent in the Americas [3]. - His previous roles include 15 years at Scotiabank's Metals and Mining Investment Banking group, where he provided geological and technical input on global mining sector mergers and acquisitions [4]. Strategic Importance - The addition of Baxter is expected to provide valuable expertise in exploration leadership and global transaction experience, which will support the company's growth and advancement of its project portfolio [2]. - Baxter expressed enthusiasm about joining the company and contributing his expertise, particularly in Nevada geology, to assist with the exploration of specific projects like Gator and Jericho [5].
Fairchild Gold Corp. Expands Nevada Titan Property and Commences CSAMT Survey on Three Priority Magnetic Targets
TMX Newsfile· 2026-03-02 13:30
Core Viewpoint - Fairchild Gold Corp. has successfully expanded its Nevada Titan property, enhancing its control over prospective ground and supporting ongoing exploration efforts [1][2]. Property Expansion - The Nevada Titan Property has been expanded to approximately 25.3 square kilometers (6251.7 acres) through claim staking, improving coverage over geological and geophysical features relevant to the company's exploration targets [2]. Engagement of KLM Geoscience - Fairchild has engaged KLM Geoscience to conduct a Controlled Source Audio-frequency Magnetotellurics (CSAMT) geophysical survey on the Nevada Titan Property, which will help map subsurface resistivity structures [4]. Ore Target Types - The CSAMT survey will focus on three high-priority magnetic targets identified through previous geological and drone magnetic surveys, with potential for porphyry copper-gold systems and high-grade vein-type systems [5]. Survey Timing - Field operations for the CSAMT survey commenced on February 25, 2026, and are expected to continue for two weeks, depending on weather and field conditions [6]. Next Steps - Upon completion of the CSAMT survey, the company plans to integrate the results with existing datasets to refine target models and support future exploration activities [7]. Company Overview - Fairchild Gold Corp. is engaged in mineral exploration and development of copper, gold, and silver assets in North America, focusing on high-quality resource properties in Nevada [9]. Property Portfolio - The company’s properties include the Nevada Titan, Fairchild's flagship property, and the Carlin Queen property, which is an advanced-stage gold-silver project [10][11].
Tinka Provides Initial Drill Results at Silvia Copper-Gold Project and Updates Exploration Progress at Ayawilca
TMX Newsfile· 2026-02-26 12:46
Core Viewpoint - Tinka Resources Limited has provided an exploration update on its Ayawilca zinc-silver-tin project and the initial drilling results from the Silvia copper-gold project in Peru, highlighting ongoing community engagement and future exploration plans [1][2]. Group 1: Silvia NW Copper-Gold Project - Initial drilling at the Silvia NW project has intersected narrow copper-gold zones, with strong skarn alteration indicating a potential nearby mineralizing source [2][4]. - Four diamond drill holes were completed at Silvia NW Area A, with results showing copper and gold mineralization primarily at the contacts of intrusive monzonite dikes with limestone [3][4]. - The drill results include: - Hole S25-001: 15.1 metres at 0.17% copper and 0.26 g/t gold, including 4.05 metres at 0.54% copper and 0.86 g/t gold [5][6]. - Hole S25-002: 38.2 metres at 0.17% copper and 0.06 g/t gold, including 2.45 metres at 0.93% copper and 0.43 g/t gold [5][6]. - Hole S25-004: 23.2 metres at 0.20% copper and 0.05 g/t gold, including 4.15 metres at 0.37% copper and 0.11 g/t gold [5][6]. Group 2: Ayawilca Project Update - The company is in discussions to extend its social license at the Ayawilca project for an additional three years, with good progress reported in community relations [2][7]. - A drilling program at Ayawilca is scheduled for early Q3 2026, with plans to evaluate high-grade Zn-(Pb-Ag) zones and nearby Colquipucro silver mineral resource [8][9]. - The West silver veins, previously not included in mineral resource estimations, have shown promising results with significant silver grades, indicating exploration potential for extensions [10].
Western Star Resources Closes Over $3,000,000 in Over Subscribed Private Placement
Thenewswire· 2026-02-25 13:00
Core Viewpoint - Western Star Resources Inc. has successfully closed a non-brokered private placement, raising $3,046,089 through the issuance of 20,307,254 units at a price of $0.15 per unit, which includes common shares and warrants [1][2] Group 1: Financial Details - The company paid finders fees totaling $83,119.01 and issued 553,887 finder warrants at a price of $0.30, expiring February 23, 2028 [2] - All securities issued are subject to a four-month hold period, expiring June 24, 2026 [2] Group 2: Use of Proceeds - The net proceeds from the private placement will be used to define high-priority drill targets at the Western Star Project, support the company's move into Nevada for critical metals, and for general working capital and market awareness [3] Group 3: Strategic Positioning - CEO Blake Morgan expressed optimism about advancing the tungsten project, highlighting strengthening tungsten prices and the strategic importance of securing a reliable domestic supply [4] - The company has granted 2,000,000 stock options to directors, officers, employees, and consultants, each exercisable at $0.30 per share for three years [4]
Red Metals Corp Invites Shareholders and Investment Community to Visit Them at Booth 2538 at PDAC 2026 in Toronto, March 1-4
TMX Newsfile· 2026-02-23 20:25
Company Overview - Red Metals Corp is a mineral exploration company listed on the CSE, focusing on the Carrizal Property in Chile, which is rich in copper, gold, and cobalt [2] - Chile is recognized as the world's leading copper-producing nation, known for its low-grade, high-tonnage deposits, and has significant potential for undeveloped mid-sized, high-grade copper-gold deposits [2] - The country is politically stable, has excellent infrastructure, and a mining-educated workforce, making it an attractive investment destination [2] Industry Context - The PDAC Convention is the premier event for the mineral exploration and mining industry, connecting various stakeholders including governments, companies, and investors [3] - The convention features over 1,100 exhibitors, 2,500 investors, and 26,000 attendees, providing opportunities for networking and learning [3][4] - Since its inception in 1932, the PDAC Convention has grown significantly in size and influence, becoming the event of choice for the global mineral industry [4]