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Drilling at Mount Polley Intersects 11.0 Metres Grading 4.43% Copper, 1.53 g/t Gold and 41.7 g/t Silver
Globenewswire· 2026-01-23 02:00
Core Insights - Imperial Metals Corporation has reported the results of the first diamond drill hole from the Mount Polley 2025 Phase 2 Diamond Drill Program, which includes significant mineralization with 11.0 metres grading 4.43% copper, 1.53 g/t gold, and 41.7 g/t silver [1][2]. Drill Program Overview - The Mount Polley 2025 Phase 2 program aims to achieve three objectives: testing a high-grade zone beneath the Wight Pit, expanding and determining the boundaries of higher gold grade mineralization in the C2 zone, and exploring beneath the previously mined Bell Pit using new targeting techniques [2]. - The Phase 2 program consists of nine holes totaling 3,718.3 metres [1]. Drill Hole Details - Drill hole WB-25-268 was targeted at a high-grade area in the Green zone, adjacent to the Martel zone, beneath the Wight Pit [5]. - The hole intercepted a hydrothermal fragmental potassic-altered breccia with significant mineralization, including additional higher-grade sections above and below the targeted area [8]. - The detailed results from hole WB-25-268 include: - 1.5 metres grading 3.58% copper, 0.07 g/t gold, and 13.6 g/t silver from 254.6 to 256.1 metres - 9.6 metres grading 3.71% copper, 0.42 g/t gold, and 9.89 g/t silver from 272.5 to 282.1 metres - 11.0 metres grading 4.43% copper, 1.53 g/t gold, and 41.7 g/t silver from 304.4 to 315.4 metres [9]. Mineralization Characteristics - The higher silver to copper ratio observed in this hole is typical for the northeast quadrant of the Mount Polley property, indicating potential for further exploration in this area in 2026 [10]. - The Martel zone has been previously defined as an underground resource, with an indicated resource of 2,272,000 tonnes grading 1.14% copper, 0.30 g/t gold, and 7.20 g/t silver as of January 1, 2025 [11]. Company Profile - Imperial Metals is based in Vancouver and is involved in exploration, mine development, and operations, holding the Mount Polley mine (100%), Huckleberry mine (100%), and Red Chris mine (30%), along with a portfolio of 23 exploration properties in British Columbia [12].
Barksdale Completes Amendments to Convertible Debentures and Warrants Held by Delbrook Capital Funds
TMX Newsfile· 2026-01-20 22:00
NOTE: All finances in Canadian Dollars unless otherwise stated.Vancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Barksdale Resources Corp. (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ) ("Barksdale" or the "Company") announces that it has received acceptance from the TSX Venture Exchange ("TSX.V") and has completed the previously announced amendments to the terms of its secured convertible debentures and associated warrants held by investment funds (the "Delbrook Capital Funds") managed by Delbrook ...
Mongolian Mining Corporation Operational Update for the Quarter Ended 31 December 2025
Globenewswire· 2026-01-20 09:08
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. MONGOLIAN MINING CORPORATION(Incorporated in the Cayman Islands with limited liability)(Stock Code: 975) OPERATIONAL UPDATEFOR THE QUARTER ENDE ...
Group Eleven Drills 29.9m of 15.3% Zn+Pb, 552 g/t Ag and 0.67% Cu (from 339m), Incl. 8.4m of 18.2% Zn+Pb, 1776 g/t Ag and 2.21% Cu, Extending Massive Sulphide Zone by 80m at Ballywire
TMX Newsfile· 2026-01-19 11:00
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2026) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce the latest nine drill holes from its Ballywire discovery ("Ballywire") at the 100%-owned PG West Project ("PG West"), Republic of Ireland.Highlights:25-3552-51 - 80m step-out SW of massive sulphide zone, within the Ballywire discovery:29.9m of 15.3% Zn+Pb (9.7% Zn and 5.5% Pb), 552 g/t Ag and 0.67% Cu (from 339m downho ...
Scandium Canada Confirms No Undisclosed Material Information
Thenewswire· 2026-01-15 14:15
Core Viewpoint - Scandium Canada Ltd. is currently experiencing increased market activity, but the company is not aware of any corporate developments that would explain this trend [1]. Company Overview - Scandium Canada Ltd. (TSX-V: SCD) aims to become a leading producer of scandium, focusing on the development and commercialization of aluminum-scandium (Al-Sc) alloys [3]. - The company is leveraging its Al-Sc alloys development subsidiary and the Crater Lake mining project to meet the rising demand for lighter, greener, and high-performance materials [3]. - Scandium Canada is committed to fostering a more responsible economy through innovation and agility [3]. Regulatory Compliance - The company confirms that all material information regarding its business and operations has been publicly disclosed in accordance with applicable securities laws and TSX Venture Exchange requirements [2].
Silver Storm Upgraded to Trade on the OTCQX Best Market
Businesswire· 2026-01-15 12:00
TORONTO--(BUSINESS WIRE)---- $SVR #MetalMining--Silver Storm Mining Ltd. ("Silver Storm†or the "Company") (TSX.V: SVRS | OTCOX: SVRSF | FSE: SVR ) is pleased to announce that it has qualified to trade on the OTCQX® Best Market (the "OTCQX Market† ), upgrading from the OTCQB® Venture Market ("OTCQB Market† ). Effective today, the common shares of the Company ) will commence trading on the OTCQX Market under the symbol "SVRSF†("Shares†. The Company's Shares will continue to be listed and trade on the TS ...
Erdene Intersects 30 Metres of 1.25% Copper in Khuvyn Khar Porphyry System
Globenewswire· 2026-01-14 12:30
Khundii Minerals District Focused on the Under-Explored Trans Altai Terrane in Southwestern Mongolia Khundii Minerals District - Multiple High-Quality Deposits and Prospects Four Gold Discoveries, Molybdenum-Copper Deposit and +20 High Priority Targets Khuvyn Khar Porphyry System: 20km2 Circular Copper Anomaly Multi-Phase Metal Complex: Molybdenum-Copper and Copper-Silver Khuvyn Khar Copper Porphyry System Section 1 (Looking NE) Highlights: Intersected 65 metres averaging 0.63% copper (“Cu”) ...
FCX DEADLINE: ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Freeport-McMoRan Inc. Investors to Secure Counsel Before Important January 12 Deadline in Securities Class Action First Filed by the Firm - FCX
Globenewswire· 2026-01-10 00:33
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Freeport-McMoRan Inc. securities between February 15, 2022, and September 24, 2025, of the January 12, 2026, deadline to become lead plaintiffs in a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Freeport-McMoRan securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 12, 2026 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that Freeport-McMoRan made false and misleading statements regarding safety at the Grasberg Block Cave mine in Indonesia, which posed a heightened risk to workers [5]. - It is claimed that the lack of proper safety measures constituted undisclosed risks that could lead to regulatory, litigation, and reputational issues for the company [5]. - The lawsuit asserts that the misleading statements about Freeport-McMoRan's business and operations resulted in investor damages when the true information became public [5].
Japan's Nikkei Closes at Record High, Led by Financial Stocks
Barrons· 2026-01-06 08:27
Group 1 - Japan's Nikkei Stock Average closed 1.3% higher at a record 52518.08, indicating strong market performance [1] - Bank and brokerage shares led gains, reflecting continued hopes for gradual rate increases from the Bank of Japan [1] - Stock gains are broadening beyond semiconductor shares to include metals and machinery producers [1] Group 2 - Mizuho Financial Group gained 5.1% and Daiwa Securities Group rose 5.9%, showing significant increases in the financial sector [2] - Sumitomo Metal Mining climbed 6.3% and Hitachi Ltd. added 7.4%, indicating strong performance in the materials and machinery sectors [2] - The 10-year Japanese government bond yield rose 1.5 basis points to 2.130%, marking its highest level since February 1999 [2]
PAN GLOBAL ANNOUNCES MAIDEN MINERAL RESOURCE ESTIMATES FOR THE ESCACENA PROJECT IN THE IBERIAN PYRITE BELT, SPAIN
Prnewswire· 2025-12-31 12:00
Core Viewpoint - Pan Global Resources Inc. has announced its maiden Mineral Resource Estimates for the La Romana and Cañada Honda deposits at the Escacena Project in southern Spain, marking a significant milestone for the company and laying the groundwork for future studies [1][4]. Group 1: Mineral Resource Estimates - La Romana Mineral Resource Estimate includes: - Measured: 26.1 million tonnes (Mt) at 0.37% Cu, 300 ppm Sn, 1.78 g/t Ag, totaling 96.0 kt Cu, 7.8 kt Sn, and 1.49 million ounces (Moz) Ag [6][8]. - Indicated: 6.3 Mt at 0.37% Cu, 148 ppm Sn, 1.25 g/t Ag, totaling 23.6 kt Cu, 0.9 kt Sn, and 0.25 Moz Ag [6][8]. - Inferred: 4.0 Mt at 0.40% Cu, 71 ppm Sn, 1.37 g/t Ag, totaling 15.8 kt Cu, 0.3 kt Sn, and 0.18 Moz Ag [6][8]. - Cañada Honda Mineral Resource Estimate includes: - Inferred: 5.0 Mt at 0.65 g/t Au, 1.17 g/t Ag, 0.14% Cu, totaling 104 koz Au, 0.2 Moz Ag, and 6.8 kt Cu [10][11]. Group 2: Technical Insights - The high proportion of Measured Resource at La Romana indicates strong continuity of the mineral system, with advanced metallurgical tests suggesting potential for producing higher-grade copper concentrates with low penalty elements [4][5]. - Both La Romana and Cañada Honda deposits are open for expansion, with ongoing exploration aimed at increasing the resource base and supporting future technical evaluations [8][9]. Group 3: Project Overview - The Escacena Project encompasses over 13,900 hectares in the Iberian Pyrite Belt, near existing mining operations, providing a favorable environment for mining activities [24][26]. - The project is strategically positioned in a region with a history of mineral production and strong infrastructure, enhancing its potential for successful development [26].