Core Insights - The drilling at the West Advocate Project has identified a second hydrogen-associated structural zone at approximately 313 meters depth, indicating a multi-zone natural hydrogen system rather than an isolated occurrence [1][2][4] Company Developments - Québec Innovative Materials Corp. (QIMC) is actively drilling at DDH-26-01, which has intersected hydrogen-bearing intervals at both 142 meters and 313 meters, supporting the geological model of a structurally controlled natural hydrogen system [1][4][5] - The ongoing drilling aims for a total depth of 650 meters, with the current hole being the first in a planned five-hole campaign for 2026 [10][12] Regulatory Environment - The introduction of the Powering the Economy Act (Bill No. 193) by the Government of Nova Scotia provides a regulatory framework for natural hydrogen, enhancing investment certainty and long-term planning for companies like QIMC [3][13] - This legislation reflects a broader recognition of the need for a dedicated regulatory framework for natural hydrogen, benefiting active exploration programs in the province [3][13] Geological Insights - Drill logging has revealed three separate brecciated shear zones within the second structural fault zone, with progressively more altered and sheared characteristics downhole, indicating a complex geological environment conducive to hydrogen generation [6][8] - The presence of elevated hydrogen concentrations and the absence of methane in the measured gases support the concept of a naturally occurring hydrogen system rather than a conventional hydrocarbon occurrence [9]

Core Viewpoint - Prismo Metals Inc. has entered into a definitive assignment agreement with Blade Resources Inc. to assign its rights in the Hot Breccia copper project, positioning itself as Blade's largest shareholder with a significant stake in the company [1][2]. Transaction Details - Prismo will receive 6,755,000 common shares of Blade and a cash payment of $185,000, resulting in approximately 24% ownership of Blade's issued shares [2]. - The transaction is expected to close around March 2, 2026, or at a mutually agreed date [1]. Strategic Rationale - The transaction allows Prismo to leverage its investment in Hot Breccia into a substantial stake in Blade, which is focused on advancing the project [4]. - It provides enhanced access to capital for the Hot Breccia drill program through Blade, minimizing direct dilution for Prismo shareholders [4]. - Prismo will concentrate on its other Arizona projects, Silver King and Ripsey Gold, while Blade focuses on Hot Breccia [5]. - Blade's potential for 100% ownership of Hot Breccia may enhance its attractiveness to major strategic partners or buyers [5]. Investment Perspective - Prismo views its investment in Blade as having multiple potential pathways, including long-term holding, partial monetization, or distribution of shares to its shareholders [6]. - Successful development at Hot Breccia is expected to significantly impact shareholder value [6]. Additional Rights - Prismo has the right to nominate one representative to Blade's board of directors and has been granted participation rights in future equity offerings to maintain its ownership percentage [7]. Project Background - The Hot Breccia project is located in the Arizona Copper Belt, known for hosting several significant porphyry copper deposits [10].

Toronto, Ontario--(Newsfile Corp. - February 24, 2026) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with in ...

Montreal, Quebec--(Newsfile Corp. - February 24, 2026) - Quebec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") is pleased to report significant initial results from the first 300 metres of its planned 650-metre diamond drill hole DDH-26-01 at its West Advocate Eatonville Project, Nova Scotia. Drilling remains ongoing.The Company has intersected a previously unmapped hydrogen-bearing tectonic fault corridor measuring approximately 40 metres in apparent width betwe ...

Core Viewpoint - OVI Mining Corp. has received shareholder approval for a plan of arrangement where Sirios Resources Inc. will acquire all outstanding shares of OVI, with shareholders receiving 2.34 common shares of Sirios for each share held [1][2][4]. Shareholder Meeting - The special meeting of shareholders was held to vote on the Arrangement Resolution, which was overwhelmingly approved with 100% of votes cast in favor [2][4]. - A total of 39,400,544 shares were represented at the meeting, accounting for approximately 69.90% of the issued and outstanding shares [3]. Arrangement Details - The Arrangement involves Sirios acquiring all issued and outstanding shares of OVI through a court-approved plan, as outlined in the arrangement agreement dated December 10, 2025 [2][4]. - The Arrangement Resolution required a two-thirds majority of votes cast by shareholders and a simple majority from minority shareholders, both of which were achieved [5][6]. Next Steps - The Arrangement is expected to become effective around February 27, 2026, pending a final order from the Supreme Court of British Columbia and the satisfaction of customary closing conditions [6]. - A hearing for the final court order is scheduled for February 23, 2026 [6]. Company Overview - OVI Mining Corp. is a privately-owned exploration stage company focused on acquiring, exploring, and developing mineral properties in North America, with full ownership of the Corvet Est and PLEX properties [8].

Core Viewpoint - Québec Innovative Materials Corp. (QIMC) has commenced diamond drilling operations at its West Advocate natural clean hydrogen project in Nova Scotia, marking a significant step in its exploration strategy [1][3]. Group 1: Drilling Operations - Drilling operations began on February 17, 2026, at the West Advocate project, with Maritime Drilling Inc. mobilized on-site [1]. - The drilling represents the execution phase of QIMC's structured exploration strategy, transitioning from surface geochemical surveys to subsurface evaluation of high-priority targets [2][6]. Group 2: Strategic Importance - West Advocate is part of QIMC's expanding portfolio in the Cumberland Basin, where previous surveys have identified anomalies interpreted as structurally controlled [4]. - The integrated exploration and development work aims to create a scalable and repeatable platform for identifying structurally controlled systems [5]. Group 3: Company Overview - QIMC is focused on unlocking North America's natural resources, specializing in the exploration of natural hydrogen and high-grade silica assets across various regions, including Ontario, Quebec, Nova Scotia, and Minnesota [7]. - The company is committed to sustainable development and supporting clean energy solutions for a carbon-neutral economy [8].

Company Update - ExGen Resources Inc. holds a 20% carried interest in the Empire copper project operated by Phoenix Copper Limited and owns 1,330,000 common shares of Phoenix [1] - Phoenix announced the suspension of its Executive Chairman and Chief Financial Officer, while the CEO stated that work on the Empire Project continues [2] Stock Options - ExGen issued a total of 4,000,000 stock options to directors, officers, employees, and consultants, with an exercise price of $0.14, valid for five years [3] - Of the options granted, 500,000 were allocated to directors and officers, relying on exemptions from formal valuation and minority approval requirements [4] Private Placement Offering - ExGen plans to conduct a non-brokered private placement offering at a price of $0.20 per unit, aiming for gross proceeds of up to $200,000 [5] - Each unit will consist of one common share and one-half of a common share purchase warrant, with the full warrant allowing purchase at $0.25 for 12 months [5] - The closing of the private placement is expected around March 15, 2026, pending regulatory approval, and proceeds will be used to advance the Telegraph porphyry copper-gold project [6] Company Overview - ExGen is a project accelerator focused on funding exploration and development through joint ventures and partnerships, aiming to reduce risks while maintaining exposure to new discoveries [7] - The company has nine exploration projects in Canada and the US, along with four NSR royalties in the Golden Triangle, BC, and holds a silver stream on the Andacollo gold mine in Chile, which is set for a near-term production restart [7]

Core Viewpoint - Hertz Energy Inc. is initiating a non-brokered private placement to raise up to $5 million through two offerings: the LIFE Offering and the FT Offering, aimed at funding exploration projects and working capital. Group 1: LIFE Offering - Hertz Energy plans to issue up to 5,000,000 units at a price of $0.40 per unit, targeting gross proceeds of up to $2,000,000 [1] - Each unit consists of one common share and one-half of a warrant, with each whole warrant exercisable at $0.60 for a period of 24 months [1] - Proceeds will be allocated to exploration at the Crag and Rod properties and other projects, including the Craig silver-lead-zinc deposit [2] Group 2: FT Offering - The company intends to offer up to 6,000,000 flow-through units at $0.50 per unit, aiming for gross proceeds of up to $3,000,000 [4] - Each flow-through unit will consist of one common share and one-half of a warrant, with similar terms to the LIFE Offering [4] - Proceeds from the FT Offering will be used for Canadian Exploration Expenses related to the Crag and Rod properties and the Lake George Antimony-Tungsten-Gold Project [5] Group 3: Exploration Focus - The Crag and Rod properties are situated in a prospective sub-belt of the Rackla Belt, known for high-grade silver-lead-zinc and gold mineralization [2] - The Craig Deposit is a drill-defined asset with potential for resource expansion, remaining open along strike and at depth [2] - The exploration initiatives will focus on multiple under-explored zones within a 14-kilometre mineralized corridor [2] Group 4: Financial Terms and Conditions - A cash commission of 7.0% will be paid to qualified finders and brokers for both offerings, along with broker warrants [7] - The closing of both offerings is expected around February 28, 2026, subject to change [8] - Securities from the LIFE Offering will not have a hold period, while those from the FT Offering will be subject to a four-month hold period [3][6]

Core Viewpoint - Québec Innovative Materials Corp. (QIMC) has received a Notice of Approval for Phase 1 drilling at the Bennett Hill Project in Nova Scotia, marking a significant milestone in its operations within a promising hydrogen district [1][2]. Group 1: Drilling Approvals and Projects - The approval for Bennett Hill is the second drilling authorization granted to QIMC in the Advocate area, following the Eatonville Project [2]. - These approvals enable QIMC to execute back-to-back Phase 1 drilling programs, enhancing operational continuity and optimizing contractor utilization [4]. - QIMC plans to transition from the Eatonville drilling directly into Bennett Hill upon completion of initial activities, with each Phase 1 program consisting of three-hole drill campaigns targeting priority geological zones [5]. Group 2: Strategic Development and Future Plans - QIMC is advancing permitting and technical review work in the Little Forks area of Nova Scotia, which is being evaluated for future Phase 1 drilling approvals [6]. - The company emphasizes a repeatable and scalable development strategy, demonstrating its commitment to executing multiple projects within the same district [3]. Group 3: Company Overview - QIMC is a mining exploration and development company focused on unlocking North America's natural resources, specializing in white hydrogen and high-grade silica deposits [7]. - The company is dedicated to sustainable development and environmental stewardship, aiming to support clean energy solutions for a carbon-neutral economy [8].

Core Viewpoint - McEwen Inc. has entered into a Definitive Agreement to acquire Golden Lake Exploration Inc., which will make Golden Lake a wholly-owned subsidiary of McEwen if the transaction is completed [1]. Group 1: Proposed Transaction Details - The Proposed Transaction involves McEwen acquiring all outstanding shares of Golden Lake through a plan of arrangement, with each Golden Lake share entitling its holder to receive 0.003876 McEwen shares, equating to an implied offer price of CDN $0.12 per Golden Lake share, representing a 60% premium over the 20-day volume-weighted average price of Golden Lake shares as of January 26, 2026 [3]. - Following the transaction, existing Golden Lake shareholders will own approximately 0.5% of the combined company [3]. - The transaction is expected to be completed through a court-approved plan of arrangement under the Business Corporations Act (British Columbia), with all outstanding warrants and convertible notes of Golden Lake being addressed in the process [5]. Group 2: Benefits of the Transaction - For Golden Lake shareholders, the transaction offers an attractive premium of approximately 60% to the 20-day VWAP of Golden Lake shares, enhanced liquidity from dual listing on US and Canadian stock exchanges, and access to McEwen's Nevada technical team with a strong track record in gold exploration [6]. - For McEwen shareholders, the integration of Golden Lake's Jewel Ridge projects into the Gold Bar Mine Complex is expected to enhance the mine's long-term operational viability and production capacity [6]. Group 3: Company Background - McEwen Inc. operates in the Americas, focusing on gold and silver production, and has a significant interest in the Los Azules copper development project in Argentina, valued at approximately US$456 million [9][10]. - The company is also involved in reactivating its El Gallo Mine in Mexico and has invested heavily in innovative technologies for mineral assaying [12][13].