Vancouver, British Columbia – TheNewswire - January 6, 2026 – Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE: NLR) (OTC: NLRCF) is pleased to provide a corporate recap and a message from its Chief Executive Officer, Luka Capin, outlining the Company’s achievements in 2025 and its positive outlook as it advances toward key catalysts in 2026.I would like to thank our shareholders, partners, and stakeholders for their continued support and confidence in Northern Lights Resources. Th ...

Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - Teako Minerals Corp. (CSE: TMIN) (the "Company" or "Teako") is pleased to announce that it has entered into a Definitive Acquisition Agreement (the "Agreement") with Nordic Minerals AS (or "Nordic"), a wholly owned Norwegian subsidiary of United Minerals Australia Pty Ltd (or "United Minerals"), whereby Teako has agreed to sell to Nordic a 90% interest in five Norwegian copper, zinc, gold and silver ("Cu","Zn","Au","Ag") projects (the "Proje ...

Core Viewpoint - Cornish Metals Inc. has received approval from the Ontario Superior Court for its re-domicile to the United Kingdom through a statutory plan of arrangement, facilitating the transfer of shares to Cornish Metals plc [1][2][3] Group 1: Arrangement Details - The arrangement involves exchanging one Cornish UK Share for every ten Cornish Canada Shares held, with rounding down to the nearest whole number [2] - The arrangement is expected to close on or about December 16, 2025, subject to customary closing conditions [3] - Following the completion, Cornish Canada Shares will be delisted from the TSX Venture Exchange, and the company will cease to be a reporting issuer in applicable jurisdictions [3] Group 2: Company Overview - Cornish Metals is focused on advancing the South Crofty tin project, which is a historical underground tin mine in Cornwall, UK, with existing mine infrastructure [6] - The South Crofty project is noted as the highest grade known tin resource not currently in production and is permitted for underground mining until 2071 [6] - The project is positioned to potentially be the first primary producer of tin in Europe or North America, with tin classified as a critical mineral by multiple governments [6]

Core Viewpoint - American Critical Minerals Corp. is advancing its initial drill program at the Green River Potash and Lithium Project in Utah's Paradox Basin following successful funding efforts [1] Funding and Financials - The company closed a Bought Deal Offering and a Concurrent Non-Brokered Offering, raising approximately $7,451,000 in gross proceeds, which will be used for final bonding and drilling launch [1] Technical Expertise - With the appointment of Dean Pekeski and the existing Technical and Advisory Team, the company has enhanced its in-house expertise and technical capability for drilling and developing the project [1] Project Status - The company has three drill holes within its State of Utah Potash Mineral Leases (SITLA Leases) that are fully permitted and bonded for drilling [1]

Core Viewpoint - Cornish Metals Inc. is making significant progress on its South Crofty tin project in Cornwall, UK, with various underground and surface activities advancing as planned, following a successful fundraising in Q1 2025 [1][7]. Underground Activities - Refurbishment of the New Cook's Kitchen mid-shaft pump station is on track, with the old pumps and infrastructure removed and new permanent pumps being installed, expected to be completed by year-end 2025 [2]. - Development has commenced at the No. 1 level, involving approximately 600 meters of lateral development to establish rock handling facilities, which will also serve as a training platform for mining crews [3]. Surface Activities - The second phase of excavation for the new pre-concentration plant began in late November 2025, focusing on overburden and rock removal [4]. - Construction of a new workshop and stores facility at the old Bartles Foundry site is progressing well, with major works expected to be completed by the end of Q1 2026 [5]. - Phase 1 of the Mine Dry refurbishment was completed in October 2025, with Phase 2 currently underway and expected to finish in Q1 2026 [6]. Company Insights - CEO Don Turvey highlighted that the work program at South Crofty is progressing in line with guidance, with significant advancements in both surface and underground activities [7]. - South Crofty is recognized as the highest grade known tin resource not currently in production and is permitted for underground mining and construction of a new processing facility [14].

Core Insights - Cornish Metals Inc. has released its unaudited financial statements and management discussion for the nine months ended September 30, 2025, highlighting significant advancements in its South Crofty tin project in the UK [1][2]. Financial Performance - Total operating expenses for the nine months ended September 30, 2025, were CAD 10.69 million, an increase from CAD 6.50 million in the same period of 2024 [4]. - The company reported a loss of CAD 10.49 million for the period, compared to a profit of CAD 0.48 million in the previous year [4]. - Net cash used in operating activities was CAD 9.06 million, up from CAD 4.02 million in 2024 [4]. - Cash at the end of the period increased to CAD 60.69 million from CAD 3.30 million in 2024, primarily due to a successful fundraising effort [4][8]. Project Development - The updated Preliminary Economic Assessment (PEA) for the South Crofty project indicates an after-tax Net Present Value (NPV) of £180 million and an Internal Rate of Return (IRR) of 20% [2]. - Average annual tin production is projected to exceed 4,700 tonnes for years two through six, with an All-In Sustaining Cost (AISC) of under USD 13,500 per tonne [2]. - The company has secured grant funding of up to £4.2 million for the Bartles Foundry project, with the first claim of approximately £0.7 million received in August 2025 [2]. - Significant progress has been made in mine dewatering and shaft refurbishment, with work reaching approximately 360 meters below the surface [2]. Strategic Initiatives - A strategic fundraising effort totaling £57.4 million was completed, with major investments from National Wealth Fund Limited and Vision Blue Resources Limited [2]. - The company is advancing towards a formal final investment decision for the South Crofty project in 2026, aiming for first tin production by mid-2028 [3]. - Senior management has been strengthened with key appointments to enhance project and operational capabilities [2]. Sustainability and Community Engagement - Cornish Metals published its inaugural sustainability report, receiving an overall sustainability rating of "A" from Digbee, reflecting its commitment to governance, social responsibility, and environmental stewardship [5]. - The South Crofty project is positioned to generate over 300 direct jobs and benefits from strong local and governmental support [8].

Core Insights - Cornish Metals Inc. has released its unaudited financial statements for the nine months ended September 30, 2025, highlighting significant developments in its South Crofty tin project in the UK [1][2]. Financial Performance - Total operating expenses for the nine months ended September 30, 2025, were CAD 10.69 million, up from CAD 6.50 million in the same period of 2024 [4]. - The company reported a loss of CAD 10.49 million for the period, compared to a profit of CAD 0.48 million in the previous year [4]. - Cash at the end of the period increased to CAD 60.69 million from CAD 3.30 million, primarily due to a successful fundraising effort [4][7]. Project Developments - The updated Preliminary Economic Assessment (PEA) for the South Crofty project indicates an after-tax Net Present Value (NPV) of £180 million and an Internal Rate of Return (IRR) of 20% [2]. - Average annual tin production is projected to exceed 4,700 tonnes for years two through six, with an All-In Sustaining Cost (AISC) of under USD 13,500 per tonne [2]. - The company has secured grant funding of up to £4.2 million for the Bartles Foundry project, with the first claim of approximately £0.7 million received in August 2025 [2]. Strategic Initiatives - A strategic fundraising effort raised £57.4 million, with significant investments from National Wealth Fund Limited and Vision Blue Resources Limited, aimed at de-risking the South Crofty project [2]. - Key long-lead item orders have been placed for production and service winders at the South Crofty site, indicating progress in project execution [2]. Management and Operations - The company has strengthened its project and operations teams with the appointment of experienced professionals, including a new General Manager and Project Director [5]. - Ongoing work includes mine dewatering and refurbishment of the NCK shaft, with significant progress reported in stabilizing the underground chamber [2][3]. Market Position and Outlook - The South Crofty tin project is positioned to potentially become the first primary tin producer in Europe or North America, addressing the critical mineral demand as defined by various governments [6]. - The company aims to advance towards a formal final investment decision in 2026, with expectations of first tin production by mid-2028 [3][6].

Core Viewpoint - Sage Potash Corp. has filed an independent preliminary economic assessment (PEA) technical report for its Sage Plain Potash Project in Utah, effective September 8, 2025, indicating progress in the development of the project [1][2]. Company Overview - Sage Potash Corp. is focused on developing its flagship Sage Plain Potash Project located in the Paradox Basin, Utah, aiming to establish a secure and sustainable domestic potash production platform in the United States [4]. PEA Technical Report Details - The PEA Technical Report was prepared by RESPEC, an independent consulting firm, and confirms the information disclosed in the company's September 22, 2025 news release regarding the PEA results, with no material differences noted [2]. - The full PEA Technical Report is accessible on SEDAR+ and the company's website, encouraging readers to review it in its entirety for a comprehensive understanding [3].

Core Insights - High Tide Resources Corp. is advancing its Labrador West Iron Ore Project, focusing on producing Direct Reduction (DR) grade pellets for low-carbon steelmaking [1][4] - The company has shipped approximately 5.6 tonnes of coarse reject drill core samples for beneficiation and metallurgical testing in Germany [2][4] - The Labrador West Iron Project hosts an inferred iron resource of 655 million tonnes at 28.84% Fe, with significant infrastructure advantages in the region [6][10] Beneficiation and Metallurgical Testing - The testwork aims to maximize iron recovery and minimize deleterious elements to meet specifications required by major steel producers [4][5] - Future testing will utilize technologies that rely on natural gas and hydrogen as clean energy sources for the DR-grade concentrate and pellets [5] Project Details - The Labrador West Iron Project is located in a region with a history of iron ore production, having produced over 2 billion tonnes to date [7] - The project is strategically positioned near key mining communities and has access to low-cost hydroelectricity and a railway with an 80 million tonnes per year capacity for transporting iron products [9] Company Overview - High Tide owns a 100% interest in the Labrador West Iron Project, which is exposed at surface and suitable for open-pit mining [10] - The company is also focused on developing mineral projects critical to infrastructure development while maintaining a strong social license from local communities [10][11]

Core Insights - High Tide Resources Corp. is advancing its Labrador West Iron Ore Project, focusing on producing Direct Reduction (DR) grade pellets for low-carbon steelmaking [1][4] - The company has shipped 5.6 tonnes of coarse reject drill core samples for metallurgical testing in Germany, which will inform the upcoming Preliminary Economic Assessment (PEA) [2][4] Project Details - The Labrador West Iron Project has an inferred iron resource of 655 million tonnes at 28.84% Fe, with significant exploration history by both Rio Tinto and High Tide [6][10] - The project is strategically located near key mining communities and infrastructure, facilitating efficient transport and development [8][9] Testing and Methodology - The metallurgical testwork will include crushing, grinding, and various separation methods to maximize iron recovery and minimize impurities [5][4] - Future testing will explore next-generation green iron processes using hydrogen as a clean energy source [5] Industry Context - The Labrador Trough is Canada's primary iron-producing district, with over 2 billion tonnes of iron ore produced and significant growth potential [7] - The region's deposits allow for diverse product offerings, including premium fines and various pellet grades [7]