NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ROUYN-NORANDA, Quebec, June 18, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it intends to complete a non-brokered private placement of a secured convertible debenture of the Corporation (the “Debenture”) for gross proceeds of $3,000,000 (the “Debenture Offering”). Debenture Offering The Debenture will bear interest at the SOFR ( ...

AGM Results - A total of 46,955,474 shares, representing 17.36% of the total issued and outstanding shares, were voted at the AGM [2] - Shareholders passed all resolutions, including the re-election of directors, setting the number of directors at five, approval of the stock option plan, and proposed common share consolidation, with votes in favor ranging from 97.68% to 83.74% [3] Director Resignation - Dr. Jeffrey Malaihollo resigned as a director effective June 13, 2025, to focus on other business interests, having been first elected in September 2016 [4] Company Overview - Copper Lake Resources Ltd. is a Canadian mineral exploration and development company with interests in two projects in Ontario, including the Marshall Lake project, which covers approximately 220 square km and has an 82.97% interest in a joint venture [5] - The Marshall Lake project includes the Sollas Lake and Summit Lake properties, which are 100% owned by the company and not subject to royalties, with historical surveys indicating strong conductors [6] Norton Lake Property - The company holds a 69.79% joint venture interest in the Norton Lake property, with an updated NI 43-101 report indicating a mineral resource of 1,795,000 tonnes at an average grade of 0.72% nickel and 0.69% copper, containing 28.3 million pounds of nickel and 27.3 million pounds of copper [7]

Core Insights - Almadex Minerals Ltd. has initiated diamond drilling operations at its Paradise Project in Nevada, focusing on both near-surface gold and deep porphyry potential, with plans for 3 to 4 drill holes [1] - The company has previously conducted extensive mapping and drilling, confirming the presence of porphyry veining in 2024, and has recently employed advanced techniques such as drone-based magnetics and ground IP surveys to further explore the lithocap alteration zone [1][2] - The Paradise property encompasses 1,547 hectares of hydrothermally altered volcanic rocks, indicating potential for high-sulphidation gold and porphyry-related mineralization [3] Company Overview - Almadex Minerals Ltd. is an exploration company with a diverse mineral portfolio across Canada, the U.S., and Mexico, resulting from years of prospecting and strategic deal-making [7] - The company possesses portable diamond drill rigs, allowing for cost-effective in-house exploration drilling [7] Technical Details - The drilling program is based on previous geological work, including mapping and geochemical analysis, which helps in identifying potential underlying porphyry systems [2][3] - The geophysical surveys conducted include IP lines surveyed by an experienced in-house team and a magnetics survey performed by a third-party contractor, utilizing advanced equipment for data collection [5]

Company Overview - GoldHaven Resources Corp. has entered into an agreement to acquire the Kuhn, Dead Goat, and M3 claims in northwestern British Columbia, expanding its flagship Magno Project [1][7] - The claims cover a total of 1,100.6 acres and contain a historic resource estimate of 409,300 tonnes at 0.48% WO₃ and 0.134% MoS₂ in the Kuhn North zone [1][5] Acquisition Details - The acquisition involves a title transfer agreement with Fundamental Resources Corp., where GoldHaven will issue 1,250,000 common shares as consideration, subject to a 36-month escrow release schedule [7] - The transaction is expected to be completed around June 24, 2025 [7] Mineral Resource Insights - The total historical resource estimate across the Kuhn and Dead Goat properties is 616,500 tonnes, with significant grades of tungsten and molybdenum [5][6] - Historical drilling has confirmed the presence of high-grade scheelite and molybdenite, indicating a well-developed skarn-type mineralization system [6] Strategic Importance of Tungsten - Tungsten is recognized as a critical mineral due to its unique properties and essential role in defense systems, aerospace, and advanced manufacturing [2] - The global tungsten supply chain is currently facing geopolitical risks, particularly due to China's control over 80% of production and recent export controls that have disrupted supply [3] Future Plans - The company plans to conduct a detailed review of historical data and design follow-up exploration programs to confirm and expand known mineralization [10] - The acquisition is expected to strengthen GoldHaven's strategic land position and introduce additional potential for copper, zinc, and molybdenum [8]

Not for Distribution to U.S. News Wire Services or Dissemination in the United StatesVancouver, BC, June 17, 2025 (GLOBE NEWSWIRE) -- Buscando Resources Corp. (“Buscando” or the “Company”) (CSE: BRCO), a North American mineral exploration company focused on critical metals and the rapidly growing sector of natural hydrogen, is pleased to provide a comprehensive corporate update highlighting recent portfolio expansion, ongoing field activities, and key upcoming milestones. The Company also confirms the succe ...

Core Viewpoint - Omega Pacific Resources Ltd. is initiating a non-brokered private placement financing of up to $1,975,000 to support its exploration initiatives at the Williams Property in British Columbia, Canada [1]. Offering Terms - The Offering will consist of flow-through units (FT Units) and non flow-through units (NFT Units) [2]. - Proceeds from FT Units will be used for eligible Canadian exploration expenses related to the Williams Property, with all qualifying expenditures renounced in favor of subscribers by December 31, 2025 [2]. - Net proceeds from NFT Units will be allocated for exploration and development of the Williams Property and general working capital [2]. Financial Details - The Offering includes 7,400,000 FT Units priced at $0.135 each, with each unit comprising one flow-through common share and one share purchase warrant [7]. - Additionally, 9,500,000 NFT Units will be offered at $0.10 each, with each unit consisting of one non flow-through common share and one share purchase warrant [7]. Exploration Strategy - The GIC Prospect at the Williams Property features a significant bulk tonnage epithermal gold system, with previous drill holes showing promising gold mineralization [5]. - The 2025 exploration program will focus on a 1,400 x 400 m zone to extend mineralization from 2024 drill locations [5]. Company Overview - Omega Pacific Resources Ltd. is a Canadian mineral exploration company dedicated to discovering and developing precious metal projects in British Columbia, while also evaluating prospective assets both domestically and internationally [8].

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, Canada, June 17, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) of up to 5,000,000 units of the Company (each, a “Unit”) at a price of C$0.30 per Unit for gross proceeds of up to C$1,500,000. Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common ...

TORONTO, Canada, June 17, 2025 (GLOBE NEWSWIRE) -- Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) today provides an important update in relation to the off-market takeover offer by Bastion Mining Pte. Ltd. UEN 202512367N (Bastion) to acquire all the fully paid, ordinary shares in Xanadu (Offer)1,2,3. The Takeover Board Committee of Xanadu (Takeover Board Committee) notes that Zijin Mining Group (Zijin), the Company’s largest shareholder4 and joint venture partner has accepted the Bastion Offe ...

VANCOUVER, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) is pleased to provide results of 11 holes from the in-fill drilling program currently being completed at the Altar project in San Juan, Argentina. The goal of these holes was to upgrade blocks of known resource classified as Inferred to Measured & Indicated. All holes reported today were focused either on the Altar Central or Altar United zones. Highlights ALDE-2 ...

Core Viewpoint - Mustang Energy Corp. has completed initial payments and share issuances under two strategic option agreements with Thunderbird Resources Ltd, marking a significant step in advancing the Cluff Lake and Surprise Creek Projects [1][2]. Cluff Lake Project - The Company has entered into the Cluff Lake Agreement to acquire an 80% interest in mineral tenements around Cluff Lake [2]. - Initial consideration for the Cluff Lake Option included a cash payment of $20,000 and the issuance of 425,531 common shares [3]. - To earn a 60% interest in the Cluff Lake Project, the Company must make an additional cash payment of $50,000 and incur exploration expenditures of $1,000,000 by June 3, 2027 [4]. - For an additional 20% interest, the Company must pay another $50,000 and spend $2,000,000 on exploration by the second anniversary of earning the Stage 1 interest [4]. - Upon earning the Stage 2 interest, Thunderbird will retain a 2% Net Smelter Return royalty on the Cluff Lake Project [5]. Surprise Creek Project - The Company has also entered into the Surprise Creek Agreement to acquire an 80% interest in mineral tenements around Surprise Creek [2]. - Initial consideration for the Surprise Creek Option included a cash payment of $20,000 and the issuance of 425,531 common shares [6]. - To earn a 51% interest in the Surprise Creek Project, the Company must make a cash payment of $50,000 and incur exploration expenditures of $1,000,000 by June 3, 2027 [7]. - For an additional 29% interest, the Company must pay another $50,000 and spend $2,000,000 on exploration by the second anniversary of earning the Stage 1 interest [7]. - Upon earning the Stage 2 interest, Thunderbird will retain a 2% Net Smelter Return royalty on the Surprise Creek Project [8]. Share Issuance and Regulatory Compliance - All shares issued to Thunderbird are subject to a statutory hold period of four months and one day from the closing date [9]. - Share values for future issuances under the Stage 2 interests will be determined by market price at the time of issuance, in accordance with Canadian Securities Exchange policies [4][7]. Company Overview - Mustang Energy Corp. focuses on acquiring and developing high-potential uranium and critical mineral assets, actively exploring properties in Northern Saskatchewan, Canada [10]. - The Company holds 92,211 hectares in the Athabasca Basin, including several projects such as Ford Lake, Cigar Lake East, Roughrider South, Yellowstone, and Dutton [10].