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Pinnacle Provides Project Update for El Potrero as it Advances Towards a Production Decision
Thenewswire· 2026-02-26 13:30
HIGHLIGHTS Underground rehabilitation of the historic mine workings and preparation of drill stations is anticipated to begin next week Underground delineation drilling is expected to commence by the second half of March An application for the environmental permit required for surface drilling has been submitted and the Company anticipates that the program could commence in approximately 90 days A second round of metallurgical testing is underway that will optimize the results of the first round of prelim ...
Homeland Acquires Historical Data for Cross Bones Uranium Property
TMX Newsfile· 2026-02-26 09:00
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to update shareholders regarding recent and upcoming corporate activities.Homeland Acquires Cross Bones DatabaseThe Company has acquired an additional historical exploration dataset for the Cross Bones Property from private vendors at a cost of US$13,000. This historical exploration dataset includes 16 drill logs, drill core assays, surfac ...
West Point Gold Ranks 35th Overall in the 2026 TSX Venture 50(TM); Announces Participation in Upcoming Events
TMX Newsfile· 2026-02-23 12:00
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2026) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce that it has been recognized as a 2026 Top 50 Company by the TSX Venture Exchange ("TSXV").The TSX Venture 50™ is an annual ranking of the top performing companies from the past year on TSXV based on three equally weighted criteria: market capitalization growth, share price appreciation and trading value. The TSX Venture ...
ATEX Announces Receipt of $52.5 Million from Warrant Exercises
TMX Newsfile· 2026-02-20 12:00
Toronto, Ontario--(Newsfile Corp. - February 20, 2026) - ATEX Resources Inc. (TSXV: ATX) (OTCQB: ATXRF) ("ATEX" or the "Company") is pleased to announce, further to its announcement dated January 21, 2026i, that it has received proceeds of approximately $52.5 million from the exercise of all 21,057,477 common share purchase warrants of the Company ("Warrants"). The Warrants had an exercise price of $2.50 and were originally issued on November 1, 2024ii.Following the exercise of the Warrants, the Company ha ...
Trident Resources Named in 2026 TSX Venture 50 List of Top Performing Companies
Globenewswire· 2026-02-19 13:00
Core Insights - Trident Resources Corp. has been recognized as a 2026 Top 50 Company by the TSX Venture Exchange, achieving a 302% increase in share price and a 1,238% increase in market capitalization over the past year [1][2][3] Company Performance - The TSX Venture 50 ranking is based on three criteria: market capitalization growth, share price appreciation, and trading value, highlighting the top 50 companies among over 1,600 TSXV issuers [2] - Trident's significant share price and market capitalization growth reflect its successful exploration efforts, particularly at the Contact Lake project in the La Ronge Gold Belt [3] Company Strategy and Projects - Trident Resources is focused on the acquisition, exploration, and development of advanced-stage gold and copper projects in Saskatchewan, Canada [4] - The company is advancing its 100% owned Contact Lake and Greywacke Lake projects, which host significant historical gold resources, as well as the Knife Lake copper project [4]
Southern Silver Named to the 2026 TSX #Venture50
TMX Newsfile· 2026-02-18 18:37
Company Performance - Southern Silver Exploration Corp. has been ranked 28th in the 2026 TSX Venture 50, which recognizes the top performing companies on the TSX Venture Exchange [1][2] - The company experienced a market capitalization increase of 401% and a share price increase of 284% during 2025 [1][2] Project Development - Significant progress has been made at the Cerro Las Minitas project in Durango, Mexico, which is a silver, lead, and zinc project [2] - The company is advancing towards a production decision by expanding, de-risking, and demonstrating the economic potential of the Cerro Las Minitas project [2][3] Company Overview - Southern Silver Exploration Corp. focuses on the discovery of world-class mineral deposits, primarily through its 100% owned Cerro Las Minitas project [3] - The company also holds other properties, including the newly acquired Nazas gold-silver property and the Oro porphyry copper-gold project [3]
Magna Mining Announces Additional Footwall Drill Results from the Levack Mine in Sudbury, Ontario
Globenewswire· 2026-02-18 11:45
Core Viewpoint - Magna Mining Inc. has provided an update on exploration activities and assay results from the Levack Mine, indicating significant high-grade copper and precious metals mineralization in the R2 Footwall Zone, with ongoing drilling enhancing understanding of the vein system [1][2]. Exploration Activities - The company has reported results from five diamond drill holes targeting the R2 Zone, with multiple high-grade intersections of copper and precious metals over a vertical extent of approximately 300 metres and a north-south extent of 150 metres [1][2]. - Additional assays from previously released drill holes have also shown promising results, further confirming the mineralization potential in the R2 Zone [3][4]. Assay Results - Notable assay results include: - FNX6083-W5: 20.3% Cu, 0.1% Ni, 10.3 g/t Pt+Pd+Au, 151.0 g/t Ag over 0.7 metres at 1,129.4 metres down hole - FNX6070-W1: 5.7% Cu, 0.1% Ni, 28.3 g/t Pt+Pd+Au, 33.3 g/t Ag over 1.1 metres at 1,098.6 metres down hole [2]. - Drill hole FNX6083-W5 encountered four veins over 28.6 metres, with assays returning up to 24.4% Cu and 173 g/t Ag over 1.0 metre [2]. Future Drilling Plans - Ongoing diamond drilling includes two surface and two underground rigs, focusing on expanding the R2 Zone and testing other prospective targets in the footwall environment [6]. - Rehabilitation of existing drifts is underway to facilitate further underground drilling, with a Preliminary Economic Assessment (PEA) based on the recent NI 43-101 Mineral Resource Estimate targeted for completion in fall 2026 [6]. Company Overview - Magna Mining Inc. is a producing mining company with a portfolio of copper, nickel, and Platinum Group Metals (PGM) assets in the Sudbury mining district of Ontario, Canada, including the McCreedy West Mine and several past-producing properties [18][19].
Why Trilogy Metals Stock Tanked by Almost 12% Today
The Motley Fool· 2026-02-18 00:33
Core Viewpoint - Trilogy Metals experienced a significant decline in key financial metrics for fiscal 2025 compared to 2024, leading to a nearly 13% drop in its stock price following an uninspiring earnings report [1][2]. Financial Performance - The company's net loss increased dramatically to $42.4 million from a loss of under $8.6 million in the previous year [4]. - General and administrative costs rose slightly to $1.3 million from $1.2 million in 2024, indicating a lack of operational efficiency [4]. - Trilogy did not disclose a top-line revenue figure in its earnings report [4]. Government Investment - Trilogy signed a binding letter of intent with the U.S. Department of Defense, which will invest approximately $17.8 billion for over 8.2 million units of the company at a price of $2.17 per unit [5]. Management Perspective - Management, including CEO Tony Giardini, emphasized the strengthening of the company's financial position and alignment with U.S. federal and state stakeholders focused on securing domestic supplies of critical minerals [6]. Market Data - The current market capitalization of Trilogy Metals is $722 million, with a stock price of $3.70 [7]. - The stock has a 52-week range of $1.13 to $11.29, indicating significant volatility [7]. - Despite the disappointing financial results for 2025, the company has promising projects in the Arctic and Bornite, suggesting potential for future growth [7].
First Atlantic Nickel Announces Upsize of LIFE Offering
TMX Newsfile· 2026-02-13 00:49
Core Viewpoint - First Atlantic Nickel Corp. has announced an increase in its non-brokered private placement due to strong investor demand, reflecting confidence in the company's growth strategy and long-term prospects [1][2]. Group 1: Private Placement Details - The private placement will consist of up to 21,666,667 common shares at a price of $0.18 per share, aiming for aggregate gross proceeds of up to $3,900,000 [2]. - The strategic investor's participation will allow them to maintain an ownership interest of up to 9.99% [2]. - The first tranche of the offering is expected to close on or about February 18, 2026, pending necessary regulatory approvals [5]. Group 2: Regulatory Compliance and Offering Document - The shares will be offered to purchasers in all provinces of Canada except Quebec, under the Listed Issuer Financing Exemption [3]. - An amended and restated offering document related to the LIFE Offering is available on the company's profile and website [4]. Group 3: Use of Proceeds - The gross proceeds from the offering will be used to advance the company's projects, including Pipestone XL and Ophiolite-X, satisfy option payment obligations, manage mineral claims, and cover general administrative expenses [6]. Group 4: Acquisition of Mineral Claims - The company has closed asset purchase agreements to acquire mineral claims in the Blow Me Down and Lewis Hills massifs, branding this strategic land position as the "Ophiolite-X" project [8]. - The acquisition includes 500 mineral claims and the issuance of 4,710,000 common shares as consideration, with specific net smelter returns royalties attached to the licenses [8]. Group 5: Company Overview - First Atlantic Nickel Corp. focuses on the discovery and development of awaruite, a rare nickel-iron-cobalt alloy, at its Pipestone XL Project in Newfoundland [11]. - The project spans the 30-kilometer Pipestone Ophiolite Complex, containing multiple zones of awaruite mineralization [11].
Q-Gold Resources Invited to BMO Global Metals, Mining & Critical Minerals Conference
Globenewswire· 2026-02-12 23:00
Core Insights - Q-Gold Resources Ltd. has been invited to attend the BMO Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida from February 22 to 25, 2026, marking a significant opportunity for the company to engage with institutional investors and industry leaders [1][2][3] Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America, with shares listed on TSX Venture Exchange, OTCQB, and Börse Frankfurt [6][7] - The company's flagship asset is the Quartz Mountain Gold Project located in southern Oregon, which is strategically positioned in a historically productive mining district with excellent infrastructure access [3][7] Project Details - The Quartz Mountain Gold Project has an estimated 1.543 million ounces of gold at a grade of 0.96 g/t and 2.049 million ounces of silver at a grade of 1.27 g/t within 50,002 kt of indicated mineral resources. Additionally, there are 148,000 ounces of gold at 0.77 g/t and 135,000 ounces of silver at 0.70 g/t within 5,992 kt in the inferred category [4] - The project represents a significant opportunity for Q-Gold to advance its portfolio and unlock long-term value for shareholders [4] Strategic Focus - The company is committed to progressing its portfolio of gold and silver assets toward production, with a primary focus on the Quartz Mountain Gold Project and the Mine Centre Gold Project in Ontario [7] - Q-Gold aims to expand resources through systematic exploration and disciplined project development, backed by rigorous technical work and responsible environmental stewardship [7]