Precious Metals Exploration
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Goldstorm Metals Geophysical Surveys Define New Exploration Drill Targets on the 100% Owned Crown Property, Located in the Golden Triangle of British Columbia
TMX Newsfile· 2025-12-15 10:00
Core Insights - Goldstorm Metals Corp. has released an updated analysis of the 2025 Geophysical Programs, which includes Induced Polarization (IP) and Magnetotelluric (MT) surveys, along with geochemical surveys at its 100%-owned Crown Property [1][2] Geophysical Program Results - The 2025 IP and MT programs have enhanced the understanding of the structural framework at the Crown Project, which is crucial for interpreting mineral potential defined by surface mineralization along the Orion Spine [2] - Geophysical results indicate a large intrusive body at depth, potentially the source of surface mineralized veins, reinforcing the exploration model and geological connections with nearby porphyry systems [3] - The combined survey results suggest a mineral belt extending 20 kilometers, hosting over 100 million ounces of gold, 20 billion pounds of copper, and over 400 million ounces of silver [3] Exploration Plans - The Orion Spine area is now drill-ready, with plans for a minimum of 2,400 to 3,000 meters of core drilling in at least six drill holes for Phase 1, and an additional 5,000-6,000 meters for Phase 2 contingent on Phase 1 success [4] - A new gold zone, Delta West, has been discovered ten kilometers south of Brucejack Mines' Valley of the Kings Deposit, consisting of gold-bearing quartz-pyrite veins [5] Anomalies and Targets - The IP and MT programs identified multiple large-scale, high-chargeability and low-resistivity anomalies coinciding with previously identified mineralization zones along the Orion Spine [7] - Seven conductive zones have been prioritized, with four classified as first-priority and three as second-priority, alongside 26 chargeability anomalies [7] Company Background - Goldstorm Metals Corp. is focused on precious and base metals exploration, with significant land holdings in the Golden Triangle of British Columbia, which is known for high-grade gold deposits [12]
Carlton Precious Provides Esquilache Project Update
Globenewswire· 2025-12-01 12:00
TORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Carlton Precious Inc. (TSX-V: CPI | OTCQB: CPIFF) (“Carlton” or the “Company”) is pleased to provide an update to investors on its Esquilache Silver project (“Esquilache” or the “Project”) located in the Puno region of Southern Peru. Esquilache covers 1,600 hectares that include historical mine workings formally developed by Hochschild Mining PLC (“Hochschild”). Carlton owns the project 100% and royalty free after buying back the Project's royalties in 2022. Althou ...
Batero Gold Announces Reinstatement Date for Trading on the TSX Venture Exchange
Newsfile· 2025-11-10 23:23
Core Points - Batero Gold Corp. announces that its common shares are expected to resume trading on the TSX Venture Exchange on November 12, 2025 [1] - The company is focused on developing the La Cumbre Gold Project located in Risaralda, Colombia, which is part of the 100% owned Batero-Quinchia Gold Project [2] Company Overview - Batero Gold Corp. is engaged in the exploration of precious and base metals [2] - The La Cumbre Gold Project is situated within Colombia's Mid Cauca gold and copper belt, an area known for its mineral potential [2] Management Statement - The announcement is made on behalf of the board by Diego Heilbrunn Navarro-Grau, Director and CEO of Batero Gold Corp. [3]
GFG Closes Final Tranche of Financing
Globenewswire· 2025-11-07 22:00
Core Points - GFG Resources Inc. has successfully closed the second and final tranche of its private placement financing, raising additional gross proceeds of C$1,581,773, bringing the total aggregate gross proceeds to C$4,119,677 from both tranches [1][2] Financing Details - In the second tranche, GFG issued 8,550,128 flow-through common shares at a price of C$0.185 per share [2] - The proceeds from the Offering will be allocated for exploration activities in Ontario, qualifying as "Canadian Exploration Expenses" under the Income Tax Act (Canada) [4] Regulatory Compliance - The FT Shares sold are issued under the Listed Issuer Financing Exemption and will not be subject to a hold period under Canadian securities laws, pending final approval from the TSX Venture Exchange [3] Related Party Transactions - Directors and/or officers of GFG purchased a total of 786,667 FT Shares in the second tranche, which is exempt from formal valuation and minority shareholder approval requirements [5] Finder's Fees - The Company paid cash finder's fees totaling C$25,529.42 in connection with the Offering [6] Company Overview - GFG Resources Inc. is focused on precious metals exploration, operating three gold projects in the Timmins gold district of Ontario, which has produced over 70 million ounces of gold [8]
Batero Gold Announces Reinstatement of Trading of the TSX Venture Exchange
Newsfile· 2025-11-07 20:40
Core Viewpoint - Batero Gold Corp. has successfully reinstated trading of its common shares on the TSX Venture Exchange following the resolution of a cease trade order, allowing the company to refocus on its La Cumbre Gold Project in Colombia [1][2]. Group 1: Trading Reinstatement - The TSX Venture Exchange has accepted Batero Gold's application for reinstatement of trading, which is expected to occur soon [1]. - The cease trade order issued by the British Columbia Securities Commission was resolved successfully, having been issued on August 6, 2025, and revoked on August 12, 2025 [1]. Group 2: Management and Future Focus - CEO Diego Heilbrunn expressed gratitude to shareholders for their patience during the reinstatement process and acknowledged the frustration caused by the lack of an active trading market amid rising gold prices [2]. - The new management has implemented procedures and systems aimed at advancing the La Cumbre Gold Project in Risaralda, Colombia [2]. Group 3: Company Overview - Batero Gold Corp. is focused on precious and base metals exploration, with the primary objective of developing the La Cumbre Gold Project, which is part of the 100% owned Batero-Quinchia Gold Project located in Colombia's Mid Cauca gold and copper belt [3].
GFG Closes First Tranche of Financing
Globenewswire· 2025-11-04 10:50
Core Viewpoint - GFG Resources Inc. has successfully closed the first tranche of its private placement financing, raising gross proceeds of C$2,537,904, with Alamos Gold Inc. acquiring an approximate 11.1% interest in the company [1][2]. Financing Details - GFG issued 11,411,438 premium flow-through units at a price of C$0.2224 per unit, which includes one common share and one-half of a share purchase warrant, with each warrant allowing the purchase of an additional common share at C$0.24 for 24 months [2]. - The offering is compliant with National Instrument 45-106, allowing the securities to be issued without a hold period under Canadian securities laws, pending final approval from the TSX Venture Exchange [3]. Related Party Transactions - Alamos purchased 2,211,438 units for C$353,830, increasing its total ownership to approximately 11.1% of GFG's common shares post-offering [4]. - Insiders of GFG, including directors and officers, purchased an aggregate of 2,406,250 Premium Units, exempt from formal valuation and minority shareholder approval requirements [5]. Additional Information - The company paid cash finder's fees totaling C$7,200 in connection with the offering [6]. - GFG Resources is focused on precious metals exploration, particularly in Ontario and Wyoming, with significant gold projects in the Timmins gold district [8][9].
GFG Upsizes Flow-Through Private Placement
Globenewswire· 2025-10-29 22:25
Core Points - GFG Resources Inc. has announced an increase in its private placement of premium flow-through units and flow-through shares to raise gross proceeds of up to C$4.23 million [1][2] Offering Details - The offering will consist of up to 11,880,188 Premium Units priced at C$0.2224 each and up to 8,550,129 FT Shares priced at C$0.185 each, with a maximum aggregate gross proceeds of C$4.23 million [2] - Each Premium Unit includes one common share and one-half of a share purchase warrant, with each whole warrant allowing the purchase of an additional common share at C$0.24 for 24 months [2] - The offering is expected to close on or about November 3, 2025, subject to necessary approvals, including from the TSX Venture Exchange [3] Regulatory Compliance - The FT Shares and Premium Units will be offered under the Listed Issuer Financing Exemption, meaning they will not be subject to a hold period under Canadian securities laws [4] - The company may pay finder's fees of up to 6% of the aggregate gross proceeds raised [3] Insider Participation - Certain insiders of the company are expected to participate in the offering, which will be considered a related party transaction [5] - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements for this participation [5] Company Overview - GFG Resources Inc. is focused on precious metals exploration, particularly in gold projects located in tier one mining jurisdictions [7] - The company operates three gold projects in the Timmins gold district of Ontario, Canada, which has produced over 70 million ounces of gold [7]
Astra Commences Phase II Drilling at La Manchuria Gold and Silver Project in the Deseado Massif, Argentina
Newsfile· 2025-10-29 10:00
Core Insights - Astra Exploration Inc. has commenced Phase II drilling at the La Manchuria Gold and Silver Project in Santa Cruz, Argentina, following a successful Phase I program [1][2] Group 1: Drilling Program - The Phase II drill program will consist of approximately 10,000 meters of diamond drilling, with 5,000 meters expected to be completed by December 2025 and another 5,000 meters in Q1 2026 [2] - The drilling is fully funded, with a treasury balance exceeding C$7,000,000 [2] Group 2: Phase I Results - Phase I drilling indicated that La Manchuria has a larger vein system than previously recognized, with significant gold and silver grades found near the surface [3] - Results from Phase I support the geological model that mineralization is open in all directions, suggesting the presence of a preserved epithermal system [3] Group 3: Geological Insights - Detailed mapping has revealed low temperature silica and vein fragments at the surface, contained in andesitic rocks and post-mineral breccias [4] - The mapping confirms favorable host rock units at depth, indicating potential for La Manchuria to host a large, high-grade gold-silver epithermal system [4] Group 4: Company Overview - Astra Exploration Inc. is a precious metals exploration company based in Vancouver, BC, focused on building a portfolio of high-quality projects in key mining jurisdictions in Latin America [5] - The La Manchuria project is a high-grade low sulphidation epithermal deposit located in the Deseado Massif, which hosts multiple world-class precious metals deposits [6]
Arizona Gold & Silver Enters Into Investor Relations Agreement
Thenewswire· 2025-10-22 15:30
Core Points - Arizona Gold & Silver Inc. has entered into an investor relations contract with Rose Athena Allan-McCachen effective October 1, 2025, to provide various corporate services [1] - The agreement includes the issuance of 50,000 stock options to the Consultant after a probationary period, with a five-year term and specific vesting schedule [2] - The Consultant will receive an annual cash fee of $60,000, payable in monthly installments, funded from the company's general working capital [2] - The Consultant has no current interest in the company or its securities and will comply with applicable securities laws [3] - Arizona Gold & Silver Inc. focuses on exploring precious metal resources in Arizona and Nevada, with a commitment to sustainable practices [4] Company Overview - Arizona Gold & Silver Inc. is a leading exploration company targeting precious metals, particularly at its flagship Philadelphia gold-silver property [4] - The company is currently drilling to assess an epithermal gold-silver system ahead of an initial resource calculation [4]
GFG Announces C$4.0 Million Flow-Through Private Placement
Globenewswire· 2025-10-16 10:30
Core Viewpoint - GFG Resources Inc. is conducting a private placement to raise up to C$4.0 million, with Alamos Gold Inc. committing to maintain a 10.8% interest in the company through this offering [1][2]. Offering Details - The offering will consist of up to 13,489,209 Premium Units priced at C$0.2224 each and up to 5,405,405 flow-through shares (FT Shares) priced at C$0.185 each, aiming for maximum gross proceeds of C$4.0 million [2]. - Each Premium Unit includes one common share and one-half of a share purchase warrant, with each whole warrant allowing the purchase of an additional common share at C$0.24 for 24 months [2]. - The offering is expected to close around November 3, 2025, pending necessary approvals, including from the TSX Venture Exchange [3]. Regulatory Compliance - The FT Shares and Premium Units will be offered under the Listed Issuer Financing Exemption, meaning they will not be subject to a hold period under Canadian securities laws [4]. - The company may pay finder's fees of up to 6% on a portion of the offering, in compliance with applicable securities laws [3]. Insider Participation - Certain insiders are expected to participate in the offering, which will be classified as a "related party transaction" under Multilateral Instrument 61-101 [5]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements for this related party participation [5]. Company Overview - GFG Resources Inc. is focused on precious metals exploration, particularly in gold projects located in tier one mining jurisdictions, operating three significant gold projects in Timmins, Ontario, Canada [7].