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First Tellurium Announces Private Placement Financing
Thenewswire· 2026-02-23 12:30
Vancouver, BC, Canada, February 23, 2026 – TheNewswire – First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) (the “Company”) announces a non-brokered private placement (the “Offering”) to raise up to $1,700,000 through the sale of up to 10,000,000 units (the “Units”). Each Unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at a price of $0.24 for a period of two years following the close of the Offerin ...
Silver Tiger Metals Inc. Invites Shareholders and Investment Community to visit them at Booth 3206 at PDAC 2026 in Toronto, March 1-4
TMX Newsfile· 2026-02-23 12:30
Halifax, Nova Scotia--(Newsfile Corp. - February 23, 2026) - Visit Silver Tiger Metals Inc. (TSXV: SLVR) (OTCQX: SLVTF) at Booth #3206 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 1 to Wednesday, March 4, 2026. About Silver Tiger Metals Inc.Silver Tiger is constructing the El Tigre Stockwork Surface Zone Project, a silver and gold project located in Sonora, Mexico. The project is 100% owned by Silver Tiger and cov ...
TDG Discovers New ‘4300 Zone’ VMS Lens Below Former Hidden Creek Mine at Anyox Project
Globenewswire· 2026-02-23 12:00
VANCOUVER, British Columbia, Feb. 23, 2026 (GLOBE NEWSWIRE) -- TDG Gold Corp. (TSXV: TDG | OTCQX: TDGGF) (the “Company” or “TDG”) is pleased to announce the discovery of a new lens (4300 Zone) of volcanogenic massive sulphide (“VMS”) Cu-Zn-Au-Ag-Co1 mineralization located below the past producing Hidden Creek Mine, at its 100% owned Anyox Project located, in the Golden Horseshoe of British Columbia. The Hidden Creek Mine was discovered in 1901 and operated between 1914-1935, with reported historical product ...
Cygnus targets resource growth with start of new drilling and geophysics programs
Globenewswire· 2026-02-22 23:14
Core Viewpoint - Cygnus Metals Limited is initiating extensive exploration programs at its Chibougamau Copper-Gold Project in Quebec, aiming for significant resource growth and value creation for shareholders [6][7]. Exploration and Resource Growth - The company has reported a 29% increase in resources last year and is confident in its exploration strategy to deliver further strong results [4][7]. - Current drilling activities are focused on the Golden Eye and Cedar Bay sites, which are expected to provide substantial resource upside [4][10]. - At Cedar Bay, Downhole Electromagnetics (DHEM) is being utilized for the first time in over 20 years to define follow-up drill targets, with recent drilling returning significant intersections [9][11]. Resource Estimates - The current resource at Chibougamau stands at 6.4 million tonnes (Mt) at 3% CuEq for 193,000 tonnes (kt) CuEq (Measured & Indicated) and 8.5 Mt at 3.5% CuEq for 295 kt CuEq (Inferred) [7][29]. - Specific drilling results include 28.9m at 2.5g/t AuEq and 10.6m at 4.1g/t AuEq from recent exploration at Cedar Bay [8][9]. Target Areas - Joe Mann and Gwillim are identified as high-priority targets with significant discovery potential, having been overlooked for the past 20 years [5][11]. - The company is conducting an Induced Polarisation (IP) survey at Joe Mann to identify drill targets similar to IAMGOLD's Nelligan Complex, which contains substantial gold resources [11][12]. Infrastructure and Development - The Chibougamau area has well-established infrastructure, including a processing facility with a capacity of 900,000 tonnes per annum (tpa), which is the only facility within a 250 km radius [11][12]. - The Gwillim prospect is set to commence drilling, co-funded by Alamos Gold, which has a market capitalization of approximately C$25 billion [11][12].
Cygnus targets resource growth with start of new drilling and geophysics programs
Globenewswire· 2026-02-22 23:14
Core Insights - Cygnus Metals Limited is initiating extensive exploration programs at its Chibougamau Copper-Gold Project in Quebec, aiming to grow resources and drive shareholder value through resource growth [6][7][8] - The company has reported a 29% increase in resources last year and is optimistic about further exploration results [4][8] Exploration Strategy - The exploration campaign focuses on extending known mineralization, drilling defined targets, and identifying new prospects [1][6] - Key areas of focus include brownfields exploration at Cedar Bay and Golden Eye, with ongoing Downhole Electromagnetics (DHEM) to identify follow-up targets [7][8][9] Resource Estimates - Current resource estimates for the Chibougamau project stand at 6.4 million tonnes (Mt) at 3% CuEq for 193,000 tonnes (kt) CuEq (Measured & Indicated) and 8.5 Mt at 3.5% CuEq for 295 kt CuEq (Inferred) [8][28] - Specific drilling results include 28.9m at 2.5g/t AuEq and 10.6m at 4.1g/t AuEq from recent exploration at Cedar Bay [8][12] Drilling Activities - Drilling has commenced at Golden Eye with three rigs to extend the resource below the current depth of 450m, where the resource is currently defined at 0.5 Mt at 5.6g/t AuEq [10][11] - At Joe Mann, a detailed Induced Polarisation (IP) survey is underway to identify drill targets, with historical intersections showing significant gold potential [11][13] Infrastructure and Partnerships - The Chibougamau area has established infrastructure, including a processing facility with a capacity of 900,000 tonnes per annum, which is the only facility within a 250 km radius [11][12] - Drilling at the Gwillim prospect will be co-funded by Alamos Gold, which has a market capitalization of approximately C$25 billion [11][12]
Nuvau Minerals Announces Amendment to Private Placement Terms
TMX Newsfile· 2026-02-21 00:34
Core Viewpoint - Nuvau Minerals Inc. has amended the terms of its brokered private placement offering, aiming to raise up to $20 million through the issuance of units and flow-through shares [1][2]. Offering Details - The offering consists of up to 18,750,000 units priced at $0.80 per unit, targeting gross proceeds of up to $15 million [1]. - Additionally, the company plans to issue up to 5,555,555 flow-through common shares at $0.90 per share, aiming for gross proceeds of up to $5 million [2]. - The proceeds from the flow-through shares will be allocated to eligible Canadian exploration expenses, with at least 30% qualifying as flow-through critical mineral mining expenditures [2]. Related Party Transaction - A director of the company intends to sell up to 400,000 common shares to subscribe for an equivalent number of flow-through shares under the offering [4]. - This transaction is classified as a related party transaction under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [5]. Closing Timeline - The closing of the unit offering is expected around February 24, 2026, while the flow-through offering is anticipated to close on or about March 6, 2026 [6]. - The completion of the offering is subject to certain conditions, including conditional approval from the TSX Venture Exchange [6]. Additional Information - The agents involved in the offering have an option to sell additional units or flow-through shares, potentially raising an extra $5 million in gross proceeds [7]. - Nuvau Minerals is currently in the exploration and development phase, with its principal asset being the right to earn a 100% interest in the Matagami property from Glencore [9].
Search Minerals Announces Additional Shares-For-Debt Transactions
TMX Newsfile· 2026-02-20 22:30
Core Viewpoint - Search Minerals Inc. has entered into debt settlement agreements with certain creditors, aiming to strengthen its balance sheet by issuing common shares in exchange for outstanding debt [1][2][3]. Debt Settlement Transactions - The company will settle a total of $395,496 in debt by issuing 790,992 common shares at a deemed price of $0.50 per share [2]. - The shares issued will be subject to a statutory hold period of four months and one day from the issuance date, in compliance with securities laws and TSX Venture Exchange policies [3]. Insider Participation - Dr. Randy Miller and JCL Consulting Group, both related parties, will receive shares as part of the debt settlement, qualifying as "related party transactions" under Multilateral Instrument 61-101 [4]. - The company is utilizing 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 [5]. TSX Venture Exchange Approval - The completion of the shares-for-debt transactions is contingent upon approval from the TSX Venture Exchange [6]. Additional Debt Settlement - The company has also settled $404,054 in debt owed to LeadFX by issuing 808,107 common shares, which were issued on December 1, 2025, and are also subject to a four-month hold period [7][8]. 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 [9]. - The company controls two deposits (Foxtrot and Deep Fox) and several drill-ready prospects along a 64-kilometer belt in Labrador, as well as additional CREE assets in the Red Wine CREE District [10].
Pan Global Resources to Present at Centurion One Capital 9th Annual Toronto Growth Conference
TMX Newsfile· 2026-02-20 16:08
Company Overview - Pan Global Resources Inc. is actively exploring for copper-rich mineral deposits along with gold and other metals, with a focus on the long-term price outlook for copper as a critical metal for global electrification and energy transition, and gold attracting record prices [6][7] - The company's flagship Escacena Project is located in the Iberian Pyrite Belt in southern Spain, characterized by a favorable permitting track record, excellent infrastructure, and support for copper as a Strategic Raw Material by the European Commission [7] - The Escacena Project includes the La Romana copper-tin-silver deposit and the Cañada Honda gold-copper deposits, with maiden resources announced in December 2025 [7] Upcoming Events - Pan Global will present at the Centurion One Capital 9th Annual Toronto Growth Conference on March 5, 2026, at the Four Seasons Hotel in Toronto [1][3] - Jason Mercier, Vice President of Investor Relations, and Juan García Valledor, Director General for Spain, will attend investor meetings with select investors during the conference [2] Investment Highlights - The company has discovered three deposits to date at its two copper-gold projects in Spain and is expanding its drill program in 2026 to target further discoveries in copper and gold [3] - The Centurion One Capital Growth Conference is seen as an excellent opportunity for Pan Global to introduce itself to an audience of investors focused on small-cap companies [2]
Sorrento Resources Ltd. Provides Update on Bottom Brook Drill Program, Newfoundland
TMX Newsfile· 2026-02-20 12:30
Core Viewpoint - Sorrento Resources Ltd. is making significant progress in its diamond drill program at the Bottom Brook Project, expanding the program due to positive initial results and operational efficiencies [2][3]. Group 1: Drill Program Update - The drill program has completed six holes totaling over 1,000 meters of diamond drilling, with plans to expand to ten holes for approximately 1,500 meters [2]. - The CEO of Sorrento Resources expressed confidence in the geological model and the potential for increased rare earth mineralization at Bottom Brook [3]. Group 2: Project Overview - The Bottom Brook Project consists of 16 mineral licenses covering a total area of 15,150 hectares, located about 40 km south of Corner Brook, Newfoundland [3]. - The project is accessible via secondary roads and has a transmission line running through it, enhancing its operational viability [3]. Group 3: Mineralization Characteristics - The rare earth element (REE) mineralization at Bottom Brook is characterized by monazite-enriched horizons, with high-grade total rare earth oxide (TREO) samples showing promising results [4]. - The mineralization has been compared to the Bayan Obo deposit, a major REE reserve, and the Steenkampskraal deposit in South Africa, indicating high potential for significant REE resources [4]. Group 4: Qualified Person - Alex Bugden, a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information in the press release, ensuring compliance with industry standards [5]. Group 5: Company Overview - Sorrento Resources Ltd. focuses on the acquisition, exploration, and development of mineral properties in Canada, including the Bottom Brook Project and other projects in Newfoundland [6].
Temas Commences Valuable Re-Assay Program at La Blache
Accessnewswire· 2026-02-20 12:30
Core Insights - The company is re-assaying 36,614 meters of historic drilling to enhance development and potentially save approximately $40 million in future drilling costs [1] Group 1: Development Strategy - Preliminary indications from the historical data review suggest potential for gallium, scandium, and chromium at the La Blache site [1] - A total of 181 historic holes will be re-evaluated for various minerals including iron, titanium, vanadium, chromium, gallium, scandium, and other Rare Earth Elements (REE) [1]