THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Infinico Metals Corp. (“Infinico” or the “Company”) (TSX-V: INFM) is pleased to announce a proposed non-brokered private placement financing (the “Offering”) for gross proceeds of up to $200,000 composed of the sale of up to 20,000,000 pre-consolidation shares (“Shares”) at a price of $0.01 per Share. The gross proceeds from the sale of Shares will be used fo ...

Core Viewpoint - Avrupa Minerals Ltd. plans to raise $500,000 through a private placement to fund exploration projects in Finland, ongoing operations in Portugal, and for working capital [1][2]. Private Placement - The company intends to issue 10 million units at a price of $0.05 per unit, subject to TSX Venture Exchange approval [2]. - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.075 for 36 months [3]. Use of Proceeds - Proceeds from the private placement will be allocated to drilling and exploration in Finland, ongoing operations in Portugal and Kosovo, and general corporate purposes [4]. Company Background - Avrupa Minerals is led by CEO Paul Kuhn and supported by Pacific Opportunity Capital Ltd., focusing on strong governance and efficient operations [5]. - The company has made two mineral discoveries in historic mining districts and is advancing projects in Kosovo and Portugal [6]. Industry Context - Portugal has a rich history of copper mining, particularly in the Iberian Pyrite Belt, which contains over 80 volcanogenic massive sulfide deposits [7]. - Avrupa holds a 100%-owned license in Portugal and is actively advancing multiple copper-zinc prospects in Finland through a partnership with Akkerman Exploration B.V. [8].

Core Insights - LAURION Mineral Exploration Inc. has announced positive assay results from its 2025 exploration drilling program at the Ishkōday Project, confirming the presence of high-grade orogenic gold veins in the Marge–Allard multi-vein corridor [1][3][4] Exploration Program Overview - The 2025 drill program included 15 drill holes totaling 7,586 meters, bringing cumulative drilling at Ishkōday to 99,834 meters across 470 drill holes [2] - The final 1,716 meters of drilling results from holes LME25-067 to LME25-070 have been reported, completing the disclosures for the year's program [2] Assay Results Highlights - The four drill holes reported the highest grade intercepts of the season, demonstrating strong continuity of near-surface veins and consistent high-grade mineralization across multiple stacked gold-bearing structures [3][4] - Specific assay results include: - LME25-069: 0.5 m @ 15.35 g/t Au, 3.0 m @ 1.09 g/t Au, and 1.1 m @ 4.14 g/t Au [5] - LME25-067: 0.7 m @ 11.40 g/t Au, within 1.3 m @ 5.64 g/t Au [5] - LME25-068: 0.5 m @ 1.04 g/t Au [5] Geological Context - The drill holes targeted the eastern extension of the Marge–Allard vein system, located approximately 700 meters north of the historic Sturgeon River Mine, which hosts a network of gold-bearing quartz veins [4][6] - Historical work has shown significant gold presence in the area, with previous sampling yielding high-grade assays [4][6] Future Plans - LAURION plans to integrate the new data into its 3D geological and structural model for Ishkōday, focusing on the Sturgeon River–Brenbar Corridor and the A-Zone-CRK corridor as part of its 2026–2027 Strategic Operating Plan [7] - The upcoming work will include structural consolidation and plunge-oriented drilling to evaluate the continuity of high-grade shoots identified in previous drill programs [7]

Core Insights - SAGA Metals Corp. has successfully completed the first phase of drilling in the Trapper Zone, confirming extensive oxide mineralization over 1.5 km of the 3+ km strike within the Radar Project's Trapper Zone [1][2][4] Drilling Program Details - Phase 1 drilling in Trapper North involved four drill holes totaling 1,073 m, targeting a strong magnetic anomaly identified in the 2025 ground geophysical survey [4][18] - Phase 2 has commenced in Trapper South, with two drill holes completed to date, totaling 445 m [1][4] - Drill holes R-0008, R-0009, and R-0010 demonstrated significant semi-massive to massive oxide mineralization, with cumulative core lengths of 156 m, 165 m, and 139.5 m respectively [2][7][8] Geological Insights - The drilling has confirmed a likely structural repetition of cumulate oxide layers, indicating a strong magnetic response [2][8] - R-0011 intersected both semi-massive to massive cumulate oxides and a separate unit of rhythmic banded oxide mineralization, further supporting the geological model [2][8] Sample and Assay Updates - The first 420 core samples from the Fall 2025 Drill Program have been shipped, with results expected within 3 to 4 weeks [9][10] - The sampling interval has been adjusted to 2.0 m based on previous assay results from the Hawkeye zone [9] Future Plans - The drilling program aims to establish a maiden mineral resource estimation with a total of 15,000 m planned [19] - The company will continue drilling in both the North and South sections of the Trapper Zone before the seasonal break, focusing on understanding grades, widths, and structures [18][14] Strategic Positioning - The Radar Project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [20][26] - SAGA Metals Corp. is focused on critical minerals that support North America's supply security, with a diverse portfolio including the Radar Titanium Project and other properties [26][29]

Core Points - Search Minerals Inc. has entered into a Shares-for-Debt Transaction with LeadFX Inc. to settle $404,053.73 of outstanding debt by issuing 808,107 common shares at a deemed price of $0.50 per share [1][2] - The transaction aims to preserve cash and strengthen the company's balance sheet, with shares subject to a four-month hold period [2] - LeadFX Inc. is a related party, making this a related party transaction under Multilateral Instrument 61-101 [3] - The company is relying on exemptions from formal valuation and minority shareholder approval requirements as the fair market value of the shares does not exceed 25% of the company's market capitalization [4] - Completion of the transaction is subject to approval from the TSX Venture Exchange [5] Company Overview - Search Minerals focuses on exploring and developing Critical Rare Earth Elements (CREE) and transition metals such as Zirconium and Hafnium in the Port Hope Simpson - St. Lewis CREE District of South-East Labrador [5] - The company controls two deposits (Foxtrot and Deep Fox), two drill-ready prospects (Fox Meadow and Silver Fox), and several other CREE prospects along a 64-kilometer belt [5] - Additionally, Search Minerals holds CREE assets in the Red Wine CREE District, including the drill-ready Two Tom Lake CREE-Be-Nb deposit and other prospects [6]

Core Viewpoint - Brixton Metals Corporation has successfully completed the first tranche of a non-brokered private placement, raising total gross proceeds of approximately $5.7 million [1][2]. Group 1: Offering Details - The Offering included 30,062,500 National Flow-Through Units at $0.08 each, 37,761,989 Critical Mineral Flow-Through Units at $0.085 each, and 1,192,857 Non Flow-Through Units at $0.07 each [2]. - The total gross proceeds from the Offering amounted to $5,698,269.06 [2]. Group 2: Unit Composition - Each type of unit (FT Units, CMFT Units, and NFT Units) consists of a share and a non-transferable warrant, allowing the purchase of an additional common share at $0.10 until December 2, 2028 [3]. Group 3: Use of Proceeds - Proceeds from FT Units will be allocated to Canadian exploration expenses and flow-through mining expenditures, primarily for drilling at the Thorn Copper-Gold Project and the Langis Silver-Cobalt Project [5]. - Gross proceeds from CMFT Units will be used for flow-through critical mineral mining expenditures as defined by Canadian tax law [5]. - Proceeds from NFT Units will be utilized for general corporate purposes [5]. Group 4: Insider Participation - An insider participated in the Offering, contributing $29,999.90, which is classified as a Related Party Transaction under TSX Venture Exchange Policy [4]. Group 5: Securities Regulations - Securities issued to subscribers of FT Units and CMFT Units will be subject to a hold period until April 3, 2026, in accordance with Canadian securities laws [6]. - NFT Units offered to Canadian residents are exempt from a hold period due to the Listed Issuer Financing Exemption [7]. Group 6: Finder's Fees - Finder's fees totaling $88,246.14 and 1,051,481 non-transferable warrants were paid to individuals who introduced subscribers to the Offering [8].

Core Insights - North American Niobium and Critical Minerals Corp. has completed its Phase 1 Fall 2025 prospecting program across four properties in Québec, focusing on verifying historical results and identifying new mineralized trends [1][2][12] Group 1: Program Overview - The 2025 program involved fieldwork from October 13 to November 5, 2025, with a total of 262 grab and channel samples collected, including 94.5 meters of channel sampling on the Seigneurie property [1][2][5] - The Seigneurie property was extended to include a historical REE-anomalous carbonatite subcrop identified by the Québec Ministry of Natural Resources and Forestry in 2015 [2][6] Group 2: Geological Findings - Carbonatite boulders and pegmatite zones were identified across the properties, with significant geological diversity observed, including pegmatites, carbonatites, mafic intrusives, volcanics, metasedimentary units, and gneiss [6][10] - Two carbonatite areas were confirmed: one on the Blanchette property, a newly discovered location, and another on the Seigneurie property, which supports the presence of REE-anomalous carbonatite [7][9] Group 3: Future Outlook - The CEO of North American Niobium expressed optimism regarding the potential of the properties for critical minerals, anticipating assay results that will refine the exploration model for future work [12]

Core Viewpoint - Conquest Resources Limited has signed a Letter of Intent (LOI) to acquire 100% of Carrigel Ltd., which owns the Valimaki Gold Project in Finland, indicating a strategic move to enhance its gold exploration portfolio [2][10]. Project Overview - The Valimaki Gold Project spans 23,197 hectares in southern Finland and features a 15-kilometer trend of gold-rich boulders, with over 150 boulders sampled showing assays greater than 1 g/t Au, and some as high as 60 g/t Au [3][6]. - The project is situated in a geologically favorable area, located between the Kynsikangas and Kankaanpää Shear Zones, with gold mineralization associated with various geological formations [7]. Exploration Plans - Conquest plans to initiate exploration activities in spring 2026, including geological mapping, prospecting, drone magnetics, and induced polarization surveys to define drill targets [4][10]. - Drill testing is scheduled for late summer and fall 2026, contingent upon obtaining the necessary permits [4]. Historical Context - Gold was first discovered in the Valimaki area in the 1950s, with intermittent exploration conducted by Outukumpu Oy and Geologian Tutkimuskeskus (GTK) until the 2010s, which included approximately 2,800 meters of diamond drilling [8][9]. - Notable historical drill results include intersections of 4.3 meters at 7.2 g/t Au and 7 meters at 3.9 g/t Au, highlighting the area's potential for gold mineralization [8]. Commercial Terms - The acquisition terms include a cash payment of CAD 35,000 upon TSXV approval, issuance of 5 million common shares upon formal agreement, and a 2% Net Smelter Royalty, with 1% being buyable for CAD 3 million [17].

Core Insights - G50 Corp Limited has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which signifies an important milestone for the company [1][3][4] - The company commenced trading on the OTCQB in July 2025 and has achieved this upgrade in just five months, reflecting its progress in exploration programs [4] Company Overview - G50 Corp Limited is a mineral exploration company focused on defining and developing precious and strategic metals projects within the USA [5] - The company operates in Arizona and Nevada, emphasizing its strategic and precious metals opportunities [4] Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, providing efficient access to the U.S. financial markets [6]

Core Insights - Prismo Metals Inc. has announced assay results from the Silver King Project, highlighting high-grade copper mineralization at the Black Diamond target and significant gold values at the Crown porphyry intrusion target [1][3][4] Exploration Results - The Black Diamond replacement target showed several rock chip samples with copper assays exceeding 1% Cu, with two samples over 5% Cu [3] - The Crown porphyry intrusion exhibited lead and zinc values, with two vein samples yielding high gold values of 4 and 5 g/t [4] IP Survey Findings - The initial phase of the IP survey revealed low resistivity anomalies associated with the Black Diamond body and potential structures similar to the Magma mine [11][12] - Chargeability anomalies were identified, indicating the presence of disseminated sulfides, with one anomaly linked to the stockwork intrusion [13] Drilling Plans - The company plans to conduct a fully funded drill program focusing on the historic Silver King mine site, targeting a minimum of 1,000 meters to explore the mineralized body and adjacent areas [19] - The Forest Service has approved the company's drill plan, confirming it meets regulatory requirements [20] Financing Update - Prismo has completed a second closing of a non-brokered private placement, raising gross proceeds of $1,910,000, which will primarily fund drilling at the Silver King project [21][23] - The second tranche was increased from 1,250,000 Units to 1,650,000 Units due to strong investor demand [21] Quality Assurance - Samples were analyzed by SGS, with controls in place to ensure the accuracy of the results [27]