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American Eagle Announces $23 Million Strategic Investment Backed by Eric Sprott
TMX Newsfile· 2026-02-27 21:41
Highlights:The investment adds a third strategic investor, when combined with investments by mining companies South32 Group Operations PTY Ltd. and Teck Resources LimitedThe Offering funds significantly expanded drill programs for 2026 and 2027 at the Company's NAK copper-gold porphyry project (the "Nak") near Smithers, BCNo warrants will be issued in connection with the OfferingAmerican Eagle will issue these shares at $1.20 CADToronto, Ontario--(Newsfile Corp. - February 27, 2026) - American Eagle Gold C ...
American Eagle Expands South Zone 750 Metres to the East and Further Demonstrates Continuity Within High-Grade Core, Intersecting 618 Metres of 0.77% CuEq from Surface
TMX Newsfile· 2026-02-27 11:00
Highlights:618 m of 0.77% CuEq from surface in NAK25-80, linking high grade, at-surface gold rich mineralization to high-grade core at depth.Continuity from surface to depth: NAK25-80 builds on prior long-intervals, including NAK25-78: 802 m of 0.71% CuEq from surface, and strengthens confidence in thickness and continuity of the South Zone mineralization.Material step-out growth: NAK25-73/75/79/80 extend the South Zone corridor ~750 m east and ~500 m south along the porphyry margin, open to the east and s ...
Kincora Raises $4 Million in Strongly Supported Placement
TMX Newsfile· 2026-02-27 00:00
HighlightsFirm commitments received for Placement raising A$4 million Strongly supported by multiple new domestic and international institutional investorsPlacement price of A$1.05 per share representing a 1.7% discount to the 15 day VWAP Proceeds to accelerate the Company's hybrid prospect generator funding model and focused sole funded exploration activities Melbourne, Australia--(Newsfile Corp. - February 26, 2026) - Copper-gold explorer and hybrid project generator Kincora Copper Limited (ASX: KCC) (TS ...
Western Copper and Gold Announces Completion of Bought Deal Public Offering of $92 Million
TMX Newsfile· 2026-02-26 13:34
Core Viewpoint - Western Copper and Gold Corporation has successfully completed a bought deal public offering, raising gross proceeds of approximately $92 million through the sale of 22,169,125 common shares at a price of $4.15 per share [1][2]. Group 1: Offering Details - The offering was conducted under an underwriting agreement with a syndicate led by Stifel Canada, which included several other financial institutions [2]. - A cash commission of 5.0% of the gross proceeds was paid to the underwriters, except for sales to certain purchasers on a president's list [2]. - The offering was completed via a short form prospectus filed in all Canadian provinces except Québec and in the United States [4]. Group 2: Use of Proceeds - The net proceeds from the offering are intended to advance permitting and engineering activities at the Casino Project in Yukon, as well as for general corporate and working capital purposes [3]. Group 3: Insider Participation - Certain directors and officers of the company participated in the offering, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [5]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements due to the participation of insiders not exceeding 25% of the company's market capitalization [5]. Group 4: Company Overview - Western Copper and Gold Corporation is focused on advancing the Casino Project, recognized as Canada's premier copper-gold mine and one of the most economically viable greenfield mining projects globally [6]. - The company emphasizes collaboration with First Nations and local communities, adhering to responsible mining practices [6].
American Eagle Reports Breakthrough Drilling at NAK, Encountering Continuous Mineralization over Previously Untested 1.7 km Trend, Including 901 m of 0.43% CuEq from Surface
TMX Newsfile· 2026-02-25 11:00
Highlights:A broad zone of mineralization intersected within rocks of the Babine porphyry stock, previously interpreted to be barren; NAK mineralized system has significantly expanded.Prospective footprint effectively quadrupled, with porphyry Cu-Au-Mo mineralization now demonstrated throughout a large volume of the Babine porphyry stock.NAK25-70: 901 m of 0.43% CuEq from surface, including 521 m of 0.58% CuEq, confirming strong grades over exceptional widths within the Babine porphyry stock.Continuous min ...
Regional Exploration Highlights Potential for Resource Expansion and Identifies Targets at MPD Copper-Gold Project
TMX Newsfile· 2026-02-24 11:00
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2026) - Kodiak Copper Corp.  (TSXV: KDK) (OTCQX: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") today reports soil geochemical and prospecting results from the 2025 exploration program on its 100% owned MPD copper-gold porphyry project in southern British Columbia.HighlightsKodiak's 2025 regional exploration program confirms numerous historic high-grade targets, identifies new targets and highlights the potential to expand the recent Mineral Resou ...
Ero Announces Inaugural PEA for Furnas, Outlines Low Capital Intensity Project with a 24-Year Initial Mine Life
Globenewswire· 2026-02-23 22:05
(all amounts in US dollars and shown on a 100% Project basis, unless otherwise noted)VANCOUVER, British Columbia, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) is pleased to announce results of the Preliminary Economic Assessment ("PEA") on the Furnas Copper-Gold Project ("Furnas" or the "Project"), located in the Carajás Mineral Province in Pará State, Brazil. The PEA outlines the potential for a large-scale, long-life copper-gold operation with a robust ...
NorthWest Reports Significant Ore Sorting Results at Kwanika
Globenewswire· 2026-02-23 11:30
Core Insights - NorthWest Copper Corp. announced positive results from sorting tests at its Kwanika project, indicating potential improvements in mill feed grades and project economics [1][2] Sorting Test Program - The sorting tests utilized X-Ray Transmission (XRT) technology, with a representative sample of approximately 312 kg of mineralized and waste material [4] - The tests were conducted by Canenco Consulting Corp. and Saskatchewan Research Council, focusing on the rejection of barren material to enhance the quality of the mill feed [5][6] Test Work Highlights - The sorting process resulted in a significant increase in sorted metal grades, with copper grades improving by approximately 20%, gold by 18%, and silver by 19% [3][11] - High recovery rates were achieved, with approximately 90% for copper, 88% for gold, and 90% for silver, while only processing 75% of the original mass [12][11] - Low-grade rejects constituted 25% of the overall feed, with a grade of 0.33% Cu, 0.75 g/t Au, and 1.13 g/t Ag, which will be stockpiled for future processing [12] Environmental and Economic Benefits - Incorporating sorting technology is expected to reduce the overall environmental footprint of the project by decreasing greenhouse gas emissions, water usage, and the volume of tailings [13][10] - The potential reduction in mill size and upfront capital costs while maintaining similar production rates for copper and gold enhances the project's economic viability [2][9]
Western Copper and Gold Announces Filing of Final Short Form Prospectus
TMX Newsfile· 2026-02-20 22:40
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Western Copper and Gold Corporation. (TSX: WRN) (NYSE American: WRN) (the "Company") is pleased to announce that, further to its news releases dated February 11, 2026 and February 12, 2026, it has filed a final short form prospectus dated February 20, 2026 (the "Final Prospectus") with the securities commissions in each of the provinces of Canada, except Quebec, in connection with its bought deal public offering of common shares of the Com ...
ATEX Announces Receipt of $52.5 Million from Warrant Exercises
TMX Newsfile· 2026-02-20 12:00
Core Viewpoint - ATEX Resources Inc. has successfully raised approximately $52.5 million through the exercise of common share purchase warrants, enhancing its financial position to support ongoing exploration and development activities in the Valeriano district [1][2]. Financial Summary - The company has a cash balance of approximately $140 million following the warrant exercise, with a total of about 368 million common shares issued and outstanding [2]. - There are 42.3 million common share purchase warrants remaining, with an exercise price of $4.00, which could provide an additional funding of approximately $169 million if fully exercised [2]. Exploration and Development - The company is expanding its Phase VI drill program by adding approximately 5,000 meters of drilling, aimed at further delineating the B2B Zone and testing surrounding high-grade breccia targets [3][4]. - The Phase VI program has been the most successful to date, with about 21,000 of the originally planned 25,000 meters already completed [3]. Project Overview - ATEX is focused on the Valeriano copper-gold project located in Region III of the Atacama, Chile, which is part of an emerging copper-gold porphyry mineral belt [6]. - The project is targeting high-grade breccia zones and high-grade porphyry mineralization, with ongoing multi-rig drill campaigns [6].