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Power Metallic Demonstrates Positive Initial Mineralogy Results - PGE Enrichment Associated with Chalcopyrite and Cubanite
Prnewswire· 2025-07-23 07:00
Core Insights - Power Metallic Mines Inc. has provided an update on preliminary mineralogy scans conducted by IOS Geosciences, indicating promising results for future metallurgical recovery studies [1][4][8] Mineralogy and Recovery Potential - Detailed microscopic scans are being performed on over 100 selected mineralized samples from the Lion zone, with approximately half completed, showing encouraging results for conventional sulphide concentrate recovery methods [2][7] - The Lion deposit consists of a High-Grade zone and a lower grade Hanging-wall Zone, with the majority of metal value contained in the High-Grade zone characterized by semi-massive to massive copper sulphide mineralization [3][4] - The scans reveal that copper mineralization is primarily found in coarse-grained chalcopyrite and cubanite, which are expected to respond well to conventional concentration methods [5][6] - The majority of PGE mineral species are associated with chalcopyrite and cubanite, suggesting good recovery potential in copper concentrates [6][7] Future Plans and Timeline - Mineralogy testing is expected to be completed by the end of summer, followed by initial scoping-level metallurgical testing to evaluate optimal recovery methods, with results anticipated early next year [8]
Silver Elephant Early Warning Report
Newsfile· 2025-07-23 02:00
Core Viewpoint - Silver Elephant Mining Corp. has sold 3,000,000 common shares of Oracle Commodity Holding Corp. for a total of $60,035, reducing its ownership stake in Oracle from approximately 31.45% to 28.56% on a non-diluted basis [1][2]. Group 1: Share Sale Details - The sale occurred on July 18 and July 21, 2025, through the TSX Venture Exchange [1]. - Prior to the sale, Silver Elephant held 32,700,110 shares of Oracle, which represented approximately 31.45% of Oracle's total shares [2]. - After the sale, Silver Elephant now holds 29,700,110 shares, representing approximately 28.56% on a non-diluted basis and 22.27% on a fully diluted basis, indicating a decrease of 2.89% in its shareholding [2]. Group 2: Use of Proceeds - The proceeds from the Oracle Share Sale, amounting to $60,035, will be utilized for general working capital purposes [3]. - The company may adjust its ownership in Oracle based on market conditions and other relevant factors [3]. Group 3: Company Overview - Silver Elephant Mining Corp. is a mineral exploration company focused on silver projects located in Bolivia [4].
Lexston Mining Corporation Announces Stock Option Grant
Thenewswire· 2025-07-22 23:55
Stock Option Grant - Lexston Mining Corporation has granted incentive stock options to directors, officers, and consultants to purchase up to 700,000 common shares at a price of $0.155 per share for a period of five years [2] - The options will have a hold period expiring on November 22, 2025, in accordance with Canadian Securities Exchange policies [2] Company Overview - Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and developing mineral projects to enhance stakeholder value [3] - The company has a mineral exploration project located in British Columbia, Canada [3] Trading Information - Lexston Mining Corporation trades on the OTCQB Venture Market, which is for early-stage and developing companies [4] - The company is current in its reporting and undergoes an annual verification and management certification process [4]
Adyton Resources Announces C$10 Million Private Placement of Units
Globenewswire· 2025-07-22 22:42
Not for distribution to U.S. news wire services or dissemination in the United States BRISBANE, Australia, July 22, 2025 (GLOBE NEWSWIRE) -- Adyton Resources Corp. (TSXV: ADY) (FSE: 701GR) (“Adyton” or the “Company”) is pleased to announce it has entered into an agreement with Clarus Securities Inc. (“Clarus”) and PowerOne Capital Markets Limited (“PowerOne” and, together with Clarus the “Lead Agents”) pursuant to which the Lead Agents will act on behalf of the Company, on a “best-efforts” agency basis in c ...
Domestic Metals Closes First Tranche of Non-Brokered Private Placement
Globenewswire· 2025-07-22 22:05
**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES** VANCOUVER, British Columbia, July 22, 2025 (GLOBE NEWSWIRE) -- Domestic Metals Corp. (the “Company” or “Domestic”) - (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E) reports that, pursuant to their news release dated May 27, 2025 and July 11, 2025, the Company has closed a first tranche of their non-brokered financing issuing an aggregate 1,551,120 units for gross proceeds of $356,758. Each Unit consists of one common ...
Lancaster Resources Clarifies News Release
Globenewswire· 2025-07-22 21:23
Core Viewpoint - Lancaster Resources Inc. is clarifying its acquisition of the Lac Iris Polymetallic Project and providing updates on its exploration activities across various properties, focusing on gold, lithium, and uranium projects in Canada and Australia [1][3][16]. Group 1: Lac Iris Polymetallic Project - The Lac Iris project spans approximately 1,443 hectares and is located along the geological trend of the NISK polymetallic high-grade nickel-copper sulphide deposit, indicating its potential for polymetallic exploration [2]. - The acquisition of the Lac Iris project was completed through online staking using Quebec's Mining Title Management system, with titles pending provincial mining title review [3]. - Lancaster is collaborating with KorrAI to utilize hyperspectral imaging and conduct geological and geochemical programs to identify polymetallic and lithium-rich areas, aiming to construct detailed geological maps and evaluate high-value metals content [4]. Group 2: Lake Cargelligo Gold Project - The Lake Cargelligo Gold project covers over 28,768 hectares and has multiple historical high-grade gold and silver occurrences, with rock chip sampling results showing up to 204 g/t Au and 273 g/t Ag [5]. - Lancaster has initiated discussions with local stakeholders to expedite approvals, aiming to start exploration programs in Q3 2025 [6][7]. - The exploration program will focus on confirming previously reported gold and silver concentrations, with plans for detailed geological mapping and a targeted geophysical program to support follow-up drilling [7]. Group 3: Other Projects - Lancaster holds a 100% interest in the Trans-Taiga property in the James Bay lithium district and is exploring joint field programs with the Lac Iris project to optimize capital and confirm opportunities [8]. - The company also owns the Catley Lake and Centennial East uranium projects in Saskatchewan, adjacent to the Cameco Centennial deposit, which has notable uranium concentrations [9][10]. - The Piney Lake Gold Project in Saskatchewan has historical geochemical samples indicating significant gold showings, with concentrations of 7.55 g/T Au and 41.35 g/T Au reported [12]. Group 4: Management Commentary - The CEO of Lancaster expressed excitement about the Lake Cargelligo acquisition, emphasizing the acceleration of exploration programs and the potential for significant exploration results [13].
Mustang Announces Closing of Second Tranche of Non-Brokered Private Placement
Globenewswire· 2025-07-22 21:05
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 22, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (“Mustang” or the “Company”) is pleased to announce that, further to its news release dated June 24, 2025 and July 9, 2025, it has closed the second tranche (the “Second Tranche”) of its previously announced $3,000,000 non-brokered private placement (the “Offering”), which Second Tranche consis ...
iMetal Resources Engages Marketing Consulting Firm Spark Newswire
Newsfile· 2025-07-22 19:51
Company Overview - iMetal Resources Inc. is a Canadian-based junior exploration company focused on the exploration and development of resource properties in Ontario and Quebec [6] - The flagship property, Gowganda West, is an exploration-stage gold project with a recent discovery hole of 48.5 meters at 0.85 g/t gold [6] - Other notable properties include the 220-hectare Ghost Mountain property and the Carheil project, which has multi-metal potential [6] Marketing Agreement - iMetal has entered into a marketing consulting services agreement with Spark Newswire Inc. to provide promotional and marketing services [1][3] - The engagement is set to commence on July 1, 2025, for an initial six-month term at a rate of US$25,000 per month [5] - Spark aims to increase investor engagement and market awareness for iMetal, aligning with their mandate to support high-integrity issuers [4][2] Strategic Goals - The partnership with Spark is expected to help iMetal realize the value of its gold and critical minerals projects [4] - Spark's goal is to integrate with iMetal's values and assist in building shareholder and brand equity [2]
Glenstar Minerals Begins Trading on Tradegate Exchange for Greater European Visibility
Newsfile· 2025-07-22 18:50
Company Overview - Glenstar Minerals Inc. is a mineral exploration company focused on polymetallic minerals, which are classified as critical minerals essential for manufacturing sophisticated electronics and energy technologies [3] - The company's mission is to explore, acquire, and develop critical mineral and energy metal properties globally [3] Trading and Market Presence - Glenstar has been approved for trading on the Tradegate Exchange in Berlin, Germany, to enhance access and visibility to European and international investors [1] - The company also trades on the Canadian Securities Exchange (CSE) under the symbol "GSTR", on the Frankfurt Stock Exchange under "VO20", and on the OTCQB market in the U.S. under "GSTRF" [4] Benefits of Tradegate Listing - The listing on Tradegate is expected to provide greater visibility to European investors, improved liquidity, direct execution of securities orders, and access to a larger pool of international investors [2] - This move may lead to wider access to investment capital to fund the company's exploration and development activities [2]
Sanatana Provides Update on Gold Strike One Project (Yukon) and Abitibi Property (Quebec)
Newsfile· 2025-07-22 17:00
Sanatana Provides Update on Gold Strike One Project (Yukon) and Abitibi Property (Quebec)July 22, 2025 1:00 PM EDT | Source: Sanatana Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - July 22, 2025) - Sanatana Resources Inc. (TSXV: STA) ("Sanatana" or the "Company") provides an update on its definitive agreement dated July 1, 2025 (the "Definitive Agreement") to acquire the Gold Strike One Project (Yukon) and the Abitibi Property (Quebec) (the "Proposed Acquisition") from LIRECA Res ...