Workflow
Mineral Exploration
icon
Search documents
Latin Metals Announces Anticipated Closing Date for Spin-Out of Para and Auquis Copper Projects
Globenewswire· 2026-02-17 13:20
Core Viewpoint - Latin Metals Inc. is set to complete a spin-out transaction of its Para Copper Project and Auquis Copper Project into a new entity, Latin Explore Inc., with the arrangement expected to close on February 18, 2026, allowing shareholders to receive new shares in both companies [1][4]. Group 1: Spin-Out Transaction Details - The spin-out will be executed through a court-approved plan of arrangement under the Business Corporations Act (British Columbia) [1]. - Each Latin Metals shareholder will receive one new common share of Latin Metals and approximately 0.07904222 shares of Latin Explore for each share held prior to closing [1][6]. - The final exchange ratio will be determined at the closing based on the number of issued and outstanding Latin Metals shares [6]. Group 2: Shareholder Instructions - Registered Latin Metals shareholders must complete and submit a letter of transmittal along with their share certificates to Computershare Investor Services Inc. to receive their new shares [2]. - Non-registered shareholders should contact their intermediaries for assistance in depositing their shares [3]. Group 3: Company Overview - Latin Metals Inc. operates as a copper, gold, and silver exploration company in Peru and Argentina, utilizing a prospect generator model to minimize risk and maximize discovery potential [7]. - The company seeks strategic partners to advance its exploration portfolio, focusing on high-value mineral assets [7]. Group 4: Additional Information - Further details regarding the arrangement can be found in the management information circular dated December 12, 2025, available on the company's website and SEDAR+ profile [4]. - The closing of the arrangement is subject to the approval of the TSX Venture Exchange and the satisfaction of remaining conditions [4].
Corcel Exploration Appoints New Director
TMX Newsfile· 2026-02-17 13:00
Company Announcement - Corcel Exploration Inc. has appointed Thy Truong to the Board of Directors, replacing Oliver Friesen, effective immediately [1] - The company expresses gratitude to Mr. Friesen for his contributions during his tenure [1] New Board Member Profile - Thy Truong is a Chartered Professional Accountant with over ten years of experience in public accounting and the mining industry [2] - Currently, she serves as Director of FP&A, Tax, and Internal Controls at Vizsla Silver Corp. and CFO of Tarachi Gold Corp. [2] - She graduated Magna Cum Laude with a bachelor's degree in business administration from Fairleigh Dickinson University and participated in the Global Scholar Program [2] CEO's Statement - Jon Ward, CEO of Corcel, welcomes Thy Truong, highlighting her technical accounting background and proven track record in financial planning and governance [3] - Her experience in public accounting and resource companies is expected to be invaluable for advancing the Yuma King copper-gold asset in Arizona [3] Stock Options - Corcel has granted 200,000 incentive stock options exercisable at $0.22 for a period of 5 years, in accordance with its stock option plan [3] Company Overview - Corcel Exploration Inc. is engaged in the acquisition and exploration of precious and base metals properties throughout North America [4] - The company has a long-term lease agreement for the Yuma King Copper-Gold project in Arizona, covering 3,200 hectares with 515 unpatented federal mining claims [4] - The Yuma Mine, part of this project, produced copper, lead, gold, and silver from 1940 to 1963 [4] - Corcel also holds an option to acquire a 100% interest in the Peak gold exploration project and has a 100% interest in the Willow copper project [4]
Western Star Resources Increases Non-Brokered Private Placement for Aggregate Proceeds of CAD $3,000,000
Thenewswire· 2026-02-17 13:00
Core Viewpoint - Western Star Resources Inc. is increasing its non-brokered Private Placement to raise up to $3,000,000 by offering 20,000,000 units at a price of $0.15 per unit, reflecting strong interest in tungsten and critical minerals as strategic resources in North America [1][4]. Group 1: Private Placement Details - The Private Placement will consist of units, each comprising one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $0.30 for 24 months [2]. - The net proceeds from the Private Placement will be used to define high-priority drill targets at the Western Star Project, facilitate the company's move into Nevada, and for general working capital and market awareness [3]. Group 2: Company Strategy and Operations - The company aims to enhance shareholder value through the development of exploration properties and seeks partnerships via joint ventures or sales with industry leaders [6]. - Western Star currently holds nine non-surveyed contiguous mineral claims totaling 4,740 hectares in British Columbia, located approximately 50 kilometers southeast of Revelstoke [6]. Group 3: Management Insights - The President and CEO, Blake Morgan, expressed satisfaction with the financing interest, emphasizing the importance of tungsten and critical minerals for defense, infrastructure, and advanced technologies [4]. - The company has also granted 150,000 stock options to a consultant, exercisable at $0.27 per share for three years [4].
Brixton Metals Corporation Announces Share Consolidation
Globenewswire· 2026-02-17 12:30
Core Viewpoint - Brixton Metals Corporation has announced a consolidation of its common shares, with a ratio of one post-consolidation share for every ten pre-consolidation shares, following shareholder approval [1][2]. Group 1: Share Consolidation Details - The consolidation was approved at the Annual General and Special Meeting of Shareholders held on February 4, 2026 [2]. - Post-consolidation shares will begin trading on the TSX Venture Exchange on February 20, 2026, under the existing symbol "BBB" [2]. - After the consolidation, Brixton will have approximately 71,323,542 common shares issued and outstanding [3]. Group 2: Fractional Shares and Shareholder Instructions - No fractional shares will be issued; fractional interests less than 0.5 will be rounded down, while those 0.5 or greater will be rounded up [3]. - The Company's transfer agent, TSX Trust Company, will send a letter of transmittal to registered shareholders with instructions for exchanging pre-consolidation share certificates [4]. Group 3: Company Overview - Brixton Metals is a Canadian exploration company focused on advancing its mining projects, including the flagship Thorn copper-gold-silver-molybdenum Project and other projects in the USA and Canada [5].
North American Niobium Highlights 0.150% Nb₂O₅ with124.53 ppm Dy₂O₃ from Pegmatite Grab Sample and 0.19% TREO from REE-BearingCarbonatite Outcrop at Seigneurie, Québec
Globenewswire· 2026-02-17 12:30
Core Insights - North American Niobium and Critical Minerals Corp. has reported assay results from its Seigneurie Project in Quebec, indicating promising mineralization of niobium and rare earth elements [1][12]. Phase 1 – Channel Sampling - Phase 1 channel sampling was conducted over 94.5 meters, with a notable 15.0 m composite interval returning 294.39 ppm Nb₂O₅ and 0.039% TREO [4][15]. - The pegmatite system is interpreted to have a strike of approximately N80° with a steep southerly dip, potentially exceeding 150 meters in width [5][10]. Phase 2 – Selective Grab Sampling - Phase 2 involved 109 selective grab samples, expanding coverage to additional pegmatite and carbonatite outcrops [6]. - A high-grade niobium-dysprosium pegmatite grab sample returned 1,502 ppm Nb₂O₅ (0.1502%) and 124.5 ppm Dy₂O₃, alongside a REE-bearing carbonatite outcrop returning 0.19% TREO [2][12]. Geological Interpretation - The geological interpretation suggests that the pegmatite system remains open along strike, width, and depth, with historical drill collars indicating a potentially wider pegmatite intrusion than previously thought [9][10]. - The observed geometry and scale suggest the body may represent either a pegmatite dyke or an intrusion, requiring further validation through drilling [11]. Next Steps - The company is advancing the necessary exploration permits in Quebec to support drilling and target development, with integrated geochemical and structural interpretation underway to prioritize targets for Q1 2026 drilling [13]. Company Overview - North American Niobium and Critical Minerals Corp. focuses on the acquisition and development of critical mineral assets, including niobium and rare earth elements, which are strategically important for energy and defense applications [26].
Lara Announces That Drilling Resumes to Test Potential 3km Extension of the Planalto Deposits
TMX Newsfile· 2026-02-17 12:00
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - Lara Exploration Ltd. (TSXV: LRA) (OTC Pink: LRAXF), ("Lara" or the "Company") is pleased to report that it has received new drilling permits from the Canaã dos Carajás municipal environmental agency for it's Planalto Project and that drilling has resumed on the Silica Cap copper mineralized trend. Initial drill holes will test the strike extension immediately south from the proposed Silica Cap open pit defined in the 2025 Planalto PEA Stu ...
OTC Markets Group Welcomes Headwater Gold Inc. to OTCQX
Globenewswire· 2026-02-17 12:00
Core Insights - Headwater Gold Inc. has successfully upgraded to trade on the OTCQX® Best Market from the OTCQB® Venture Market, indicating a significant milestone for the company [1][3][4] Company Overview - Headwater Gold Inc. is a mineral exploration company focused on high-grade precious metal deposits in the Western USA, with a large portfolio of epithermal vein exploration projects [5] - The company is led by a technical team of experienced geologists with backgrounds in capital markets, junior companies, and major mining firms [5] Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] - The upgrade to OTCQX is expected to enhance Headwater Gold's visibility among U.S. investors and broaden its shareholder base, promoting greater liquidity [4]
DCIP Geophysical Survey Underway on VR’s Bonita Porphyry Copper-Gold Project in Nevada
Globenewswire· 2026-02-17 12:00
VANCOUVER, British Columbia, Feb. 17, 2026 (GLOBE NEWSWIRE) -- VR Resources Limited (“VR” or the “Company”, TSXV: VRR) is pleased to announce that the 3D-array DCIP geophysical survey is now underway over the Copper Queen target on the Company’s Bonita porphyry copper-gold project in Nevada. The geophysical proposal and agreement for the survey at Bonita was scoped last Fall, in follow-up to the Company’s previous and extensive exploration on the property, including reconnaissance-level drilling. For Best P ...
OTC Markets Group Welcomes Headwater Gold Inc. to OTCQX - Headwater Gold (OTC:HWAUF)
Benzinga· 2026-02-17 12:00
Core Viewpoint - Headwater Gold Inc. has successfully upgraded to the OTCQX Best Market, enhancing its visibility and accessibility to U.S. investors [1][3][4]. Company Overview - Headwater Gold Inc. is a mineral exploration company focused on high-grade precious metal deposits in the Western USA, with a large portfolio of epithermal vein exploration projects [5]. - The company is led by a technical team of experienced geologists with backgrounds in capital markets, junior companies, and major mining firms [5]. Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3]. - The upgrade to OTCQX is a significant milestone for Headwater Gold, allowing it to broaden its shareholder base and promote greater liquidity [4]. Trading Information - Headwater Gold Inc. began trading on OTCQX under the symbol "HWAUF," with financial disclosures and real-time quotes available on the OTC Markets website [2]. OTC Markets Group Overview - OTC Markets Group operates regulated markets for trading 12,000 U.S. and international securities, providing critical market infrastructure for broker-dealers [6].
Brunswick Exploration Lauches Phase 2 Drilling at Anatacau Lithium Discovery
Globenewswire· 2026-02-17 12:00
MONTREAL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; “BRW” or the “Company”) is pleased to announce that it has restarted drilling at the Anatacau Main Project, located in the Eeyou-Istchee James Bay region of Quebec. The drill program will aim to expand the Anais lithium discovery following a previous intercept of 120 meters at 1.31% Li₂O. Strategically located 22 kilometers east and along strike of Rio Tinto’s Galaxy Project and Brunswick’s Anata ...