TORONTO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Nobel Resources Corp. (TSX – V: NBLC) (the “Company” or “Nobel”) is pleased to announce all necessary permits have been received to commence drilling at Cuprita (the “Project”) as early as November. This will be the first ever drill campaign at Cuprita. A notice was filed by the Company with the Copiapo office of Servicio Nacional de Geologia y Minera (SERNAGEOMIN) during the week of Oct 12th. The Company intends to move quickly and drill the highly perspective Cup ...

Core Insights - Anfield Energy Inc. has completed a 20-hole, 8,000-foot confirmation drill program at its JD-7 mine, part of the Paradox Mine Complex, with results to be included in a new resource report in Q1 2026 [1][3] - The drill results indicate significant potential for resource confirmation and possible expansion at JD-7, aligning with the company's strategy to advance its uranium and vanadium projects toward production [2][3] Drill Program Details - The drilling program commenced on September 15, 2025, and concluded on October 9, 2025, with a total of 23 drill holes completed, exceeding the planned 20 targets [3][4] - Preliminary downhole gamma results have shown encouraging signs of mineralization, with 15 out of 23 drill holes exceeding the minimum cutoff grade of 0.02% eU3O8 [4][5] Mineralization Findings - The drilling results revealed robust uranium mineralization, with eleven holes yielding a Grade Thickness (GT) over 0.5, indicating high-potential zones [5] - Specific drill hole results include: - Hole JD7-25-004B: 17.0 ft averaging 5,190 ppm (0.519%) eU3O8, peak of 14,850 ppm (1.485%) eU3O8 at 153.5 ft - Hole JD7-25-005: 19.0 ft averaging 2,380 ppm (0.238%) eU3O8, peak of 9,240 ppm (0.924%) eU3O8 at 170.0 ft - Hole JD7-25-012: 17.0 ft averaging 1,620 ppm (0.162%) eU3O8, peak of 5,990 ppm (0.599%) eU3O8 at 185.0 ft - Hole JD7-25-014B: 21.0 ft averaging 2,500 ppm (0.250%) eU3O8, peak of 7,770 ppm (0.777%) eU3O8 at 212.5 ft [8][9] Next Steps - The company plans to commence underground drilling at the remaining JD mines and aims to issue an updated uranium resource for the Paradox Mine Complex, incorporating the recently acquired JD-5 mine [3][6] - Assay results for core samples will be obtained to assess uranium and vanadium grades, which will enhance the geological model and support production readiness [6][12]

Accessibility StatementSkip Navigation VANCOUVER, BC, Oct. 21, 2025 /PRNewswire/ -Â Nevada King Gold Corp. (TSXV: NKG) (OTCQB: NKGFF)Â ("Nevada King" or the "Company") has initiated drilling at the Western Rim Target, a large and newly defined multidirectional vein corridor that follows a district scale normal fault and associated subsidiary quartz veins along the western rim of the Atlanta caldera. Despite measuring a large 2.5km x 1.5km area, the Western Rim remains undrilled, until now. The Western Rim i ...

So let's unpack for us what is seen as a pretty positive outcome, to say the least, for Prime Minister Anthony Albanese. But what are you expecting next in terms of follow through from here on out. Well, what I liked about this deal was that it said it set a six month timeline.So it shows that both the US and Australia are serious about getting after this problem in the short term. It also reflects how there were supply chains shortages this year in the United States. For example, Ford Motor Company said th ...

Core Viewpoint - Vast Resources plc is actively engaged in the diamond market, with a rough stone tender scheduled for the week of 17 November 2025, involving over 120,000 carats, following a temporary slowdown in demand during the Diwali festival period [2] Company Overview - Vast Resources plc is a UK AIM quoted mining company with operations in Romania, Tajikistan, and Zimbabwe [6] - The company aims to be involved in the entire value chain to maximize returns for shareholders [3] Romanian Operations - The company holds a 100% interest in Vast Baita Plai SA, which owns the Baita Plai Polymetallic Mine, with a JORC compliant Reserve & Resource Report indicating an initial production life of approximately 3-4 years and a total mineral resource of 15,695 tonnes copper equivalent, with an exploration target of 1.8M-3M tonnes [7] - The Manaila Polymetallic Mine is also owned by the company, which is looking to resume production after a period of care and maintenance [8] - The company has been granted the Manaila Carlibaba Extended Exploitation Licence to re-examine mineral resources in the larger licence area [9] Tajikistan Operations - Vast has a joint venture interest in the Takob Mine processing facility, which is fully financed and will provide a 12.25% royalty on sales of non-ferrous concentrate and other metals produced [10] - The company is contracted to develop and manage the Aprelevka gold mines, entitled to 10% of the earnings from Gulf International Minerals Ltd's 49% interest in the joint venture with the Tajikistan government, with current production of approximately 11,600 oz of gold and 116,000 oz of silver per annum [11] Future Strategy - The company is re-engaging its investment strategy in Zimbabwe and is in discussions for further mining concessions [9]

Reykjavík, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Amaroq Ltd.(“Amaroq” or the “Company”) Notice to holders of Icelandic Depository Receipts Simplification and streamlining of Amaroq’s securities under a single ISIN TORONTO, ONTARIO – 21 October 2025 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), announces that its Icelandic Depositary Receipts (“IDRs”) (ISIN IS0000034569), currently issued by Arion Banki hf., will be automatically converted into Depositary Interests (“DIs”). The DIs, issued by C ...

Core Insights - The company reported an industry-leading safety performance with a 12-month Serious Accident Frequency Rate maintained at 0 [2] - Operational performance for the quarter was broadly in line with expectations, with a strong increase in ROM production run rate due to significant progress in waste removal and pit preparation [3] - A slight revision to full year saleable production guidance was made, maintaining the lower end of consolidated guidance while narrowing the upper end due to lower expected output from the Isaac Plains Complex [4] Operational Performance - The quarter showed a strong pickup in saleable production quarter-on-quarter, positioning the business well for a strong fourth quarter [3] - The Isaac Plains Complex faced challenges due to adverse weather in the first half, leading to a bottlenecked CHPP in the fourth quarter [4]

Core Points - Cerro de Pasco Resources Inc. is conducting a private placement to raise up to $15 million by offering up to 31,250,000 units at a price of $0.48 per unit [1][3] - Each unit consists of one common share and one half of a common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.68 for 24 months [2] - The proceeds will be used for advancing the Quiulacocha Tailings Project and for general corporate purposes [3] Financial Details - The offering is expected to close around November 6, 2025, subject to necessary approvals [6] - Agents will receive a cash fee of 6% of the gross proceeds and broker warrants equivalent to 6% of the offering [7] Company Overview - Cerro de Pasco Resources focuses on the El Metalurgista mining concession, which contains silver-rich mineral tailings and stockpiles from over a century of mining operations [9] - The company's strategy involves reprocessing mining waste and environmental remediation, contributing to a circular economy [9]

Summary of PMET Resources Inc. Investor Teleconference - October 20, 2025 Company Overview - **Company**: PMET Resources Inc. - **Project**: Shakwakawanan Project, Quebec, Canada - **Focus**: Lithium and co-products (caesium and tantalum) Key Points and Arguments Feasibility Study Results - The feasibility study for the Shakwakawanan Project is a significant milestone, showcasing the project's potential in the lithium raw materials development pipeline in North America [1][3] - The project has a maiden reserve of over **84 million tons**, supporting approximately **20 years** of mine life [6] - The expected production capacity is **800,000 tons per annum** of spodumene concentrate, positioning it among the top five largest hard rock lithium mines globally [9] Geological and Resource Highlights - The geology at Shakwakawanan is described as exceptional, containing lithium, caesium, and tantalum, with high-grade subsets [5][10] - The project is expected to generate additional co-products, enhancing its economic viability [10][11] Market Conditions and Demand - The demand for lithium is projected to increase significantly, driven by the growth of electric vehicles (EVs) and energy storage solutions [29][30] - The cost of lithium-ion battery cells has decreased to around **$50-$60 per kilowatt-hour**, expanding the addressable market for lithium [29] Capital Expenditure and Financials - The net capital expenditure (CapEx) for the project is estimated at approximately **C$1.5 billion** [15] - There has been a **30% increase** in CapEx due to factors such as enhanced power supply, mining equipment purchases, and inflationary pressures [16] - The all-in sustaining costs for lithium operations are projected to be below **$600 per ton**, making it competitive globally [12] Development Strategy and Next Steps - The project will proceed with a staged operation, starting at **400,000 tons per annum** and ramping up to **800,000 tons per annum** [12] - The company is focused on optimizing the project and securing final mine authorizations through the COMEX/COMEV process [14][26] - A bulk sampling program is planned, targeting **up to 50,000 tons** of ore to further de-risk the operation [36] Partnerships and Industry Engagement - PMET has established a partnership with **Volkswagen AG** and its subsidiary **PowerCo**, which serves as a key offtake partner [7][49] - The company is actively engaging with industry participants to secure additional partnerships and diversify the supply chain [48][49] Community Relations and Employment - PMET aims to employ approximately **20%** of the local Cree community in the project, with **33%** of spending directed towards Cree businesses [28] Future Outlook - The project is expected to commence commissioning in the **second half of 2029** and achieve commercial production in the **first half of 2030** [26] - The company anticipates further growth in demand for lithium and its co-products, positioning the Shakwakawanan Project as a critical player in the North American lithium supply chain [31][60] Additional Important Insights - The project is seen as a response to the growing need for critical minerals in the Western world, with increased governmental focus on supporting such initiatives [60] - The potential for additional co-products like caesium and tantalum is being explored, with ongoing test work to optimize recovery processes [23][65] This summary encapsulates the essential information from the teleconference, highlighting PMET Resources Inc.'s strategic direction, project viability, and market positioning within the lithium industry.

Core Insights - Alcoa Corporation and Arafura Rare Earths have emerged as significant beneficiaries of the US$8.5 billion framework agreement on critical minerals and rare earths between Australia and the United States [1][3] Company Performance - Arafura Rare Earths shares increased by 15% to approximately AUD 0.55, reflecting a strong market response to the agreement [3][4] - Alcoa Corporation's shares rose by 8% to AUD 60.01, indicating positive investor sentiment following the announcement [3][5] Government Support - The Australian government is set to allocate US$2 billion towards critical minerals projects, with a portion directed to Alcoa's plans for a gallium plant in Western Australia [5] - Arafura is expected to receive US$100 million to enhance its Nolans project in the Northern Territory, showcasing the financial backing for rare earths development [4][5] Market Reaction - Both companies quickly became the top performers on the ASX, with heightened discussions on platforms like HotCopper, indicating strong investor interest [4][5]