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Lodestar Metals Scales Up Exploration with High-Resolution Geophysics at Goldrun Project, Nevada
TMX Newsfile· 2026-01-20 12:35
Core Viewpoint - Lodestar Metals Corp. has initiated a Dipole-Dipole-Induced-Polarisation (DDIP) geophysics program at its Goldrun Property in Nevada, aimed at identifying chargeability anomalies associated with gold deposits, which is a significant step in their exploration strategy for 2026 [1][2]. Exploration Strategy - The expanded DDIP program is designed to enhance the understanding of the Goldrun Property, with expectations of refining existing targets and discovering new high-priority zones at Robbers Knob and Grindstone Flats [2][6]. - The company aims to transition quickly from target generation to discovery-focused drilling, with a maiden drill campaign planned for March-April 2026, pending necessary approvals [2][12]. Technical Details - The DDIP program will include four new lines to cover high-priority areas that previously lacked geophysical data, enhancing depth penetration and target definition [6][8]. - Historical drilling at Robbers Knob revealed intersections of 18 meters at 4.3 g/t Au, including 1.5 meters at 37.8 g/t Au, while Grindstone Flats showed 13.7 meters at 1.5 g/t Au, including 1.5 meters at 32.5 g/t Au [8][11]. Anticipated Outcomes - Results from the DDIP program are expected in the coming weeks, with interpreted highlights anticipated in February 2026 [6][11]. - The company is currently preparing for its maiden drilling campaign, with permits submitted and drilling expected to commence in March or April 2026, subject to conditions [12]. Company Background - Lodestar Metals Corp. is a Canadian gold exploration company focused on advancing the Goldrun Project, strategically located on a major Carlin-style gold trend adjacent to significant gold deposits in North America [15]. - The company's strategy emphasizes capital allocation towards high-value targets and rapid movement on known mineralization to build a compliant gold resource [15].
Rackla Summarizes 2025 Exploration Results And Plans For 2026
Thenewswire· 2026-01-20 12:00
Core Insights - Rackla Metals Inc. has released its year-end summary of exploration activities on the Grad Property and other regional targets, outlining plans for 2026 after disappointing drilling results in 2025 [1] Exploration Results - The 2025 drilling program consisted of 4500 meters across ten holes, but failed to intersect significant mineralization, with the best result being 2.56 g/t gold over 10.5 meters [4] - The discovery of the BiTe showing in 2024 returned multi-gram gold results, but subsequent drilling did not meet expectations, leading to a review of geochemical data [4][5] - A total of 738 surface rock samples and 3081 drill samples were analyzed, revealing that gold mineralization at BiTe is closely correlated with tellurium, bismuth, and antimony [5][6] Geochemical Analysis - The geochemical conditions at the BiTe showing differ significantly from those observed in drill core samples, suggesting that the drilling did not target the correct intrusive phase or structural environment [7][15] - The study identified other areas within the North Nahanni Pluton that exhibit a similar geochemical signature to BiTe, warranting further mapping and sampling [15] Regional Exploration Targets - Rackla has expanded claims on the Ogre property and staked the Calypso and Lened properties, totaling an additional 26,740 hectares in the region [16] - The Calypso target has shown promising results with talus sampling averaging 0.162 ppm Au over an 800-meter anomaly [19] - The Manta target has also returned high-grade gold-bearing samples, indicating potential for further exploration [20] Historical Context and Future Plans - The Lened Tungsten Deposit has historical significance, with previous exploration revealing a resource of 2.82 million tonnes at a grade of 1.27 WO3, and Rackla plans to evaluate this area for gold potential in 2026 [28][29] - Stream sediment sampling in the South Lened area has returned high values for rare earth elements, indicating potential for economic placer occurrences [30][35]
Eminent Expands HSRP Claims in Key Area
Prnewswire· 2026-01-13 12:31
Core Insights - The company has secured new claims in the Eden Corridor, which is part of the emerging Carlin-type oxide gold system discovery at HSRP, located parallel to the Getchell Trend known for high-grade deposits [1][3] - Recent gravity survey results indicate a larger and continuous structural corridor than previously recognized, extending southwest from the Eden target, supported by a 3 km long gold-in-soil anomaly [1][2] - The acquisition of these claims is aimed at controlling the key ground in a promising new trend in Nevada, as stated by the company's President and CEO, Dan McCoy [3] Geological Context - The Eden area has been identified as a high-priority focus for the company, with geological data supporting the prospectivity of the region [3] - The structural architecture and geochemical signatures in the Eden Corridor closely resemble those of world-class deposits in the Getchell Trend, including significant thrust faults and deep crustal feeders [1] Strategic Actions - Following the confirmation of the scale and continuity of the fault corridors, the company acted swiftly to secure the entire anomalous trend to prevent competitive activity [2]
NV Gold Announces Grant of Stock Options
Accessnewswire· 2026-01-12 22:20
VANCOUVER, BC / ACCESS Newswire / January 12, 2026 / NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company"), announces that it has granted an aggregate of 700,000 stock options to certain directors, officers and employees of the Company at a price of $0.22 per share for a period of five years. The options are subject to regulatory approval and are granted under the Company's stock option plan.About NV Gold CorporationNV Gold Corporation is a well-organized exploration company w ...
Lodestar Metals Strengthens Board with Appointment of David Christie as Chairman of the Company
TMX Newsfile· 2026-01-09 12:35
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2026) - Lodestar Metals Corp. (TSXV: LSTR) (OTC: SVTNF) ("Lodestar" or the "Company") is pleased to announce the strategic appointment of David Christie as Chairman of the Company. Lowell Kamin, President and CEO, commented: "We are very pleased to welcome David as Chairman of Lodestar. His rare combination of technical expertise, corporate development leadership, and capital markets experience aligns perfectly with our ambition to build a high-impa ...
Exploits Increases and Closes Final Tranche of Its Flow Through Share Private Placement
TMX Newsfile· 2025-12-30 22:01
Core Viewpoint - Exploits Discovery Corp. has successfully closed the final tranche of its non-brokered private placement, raising an additional $690,750 through the issuance of 9,210,000 flow-through common shares at a price of $0.075 per share [1]. Group 1: Financing Details - The final tranche of the financing is subject to a hold period expiring on April 30, 2026, in accordance with Canadian securities laws [1]. - The gross proceeds from the financing will be used for eligible Canadian exploration expenses, specifically for flow-through mining expenditures in Québec and Ontario [2]. - The company will incur these qualifying expenditures on or before December 31, 2026, and will renounce them to the subscribers of the flow-through shares by December 31, 2025, for an amount not less than the gross proceeds raised [3]. Group 2: Finder's Fees and Participation - The company paid a total cash finder's fee of $37,170 in connection with the financing, with no finder's warrants issued [4]. - Directors and officers of the company participated in the financing, relying on exemptions from minority approval and valuation requirements under MI 61-101 [4]. Group 3: Company Overview - Exploits Discovery Corp. is a Canadian gold exploration company focused on expanding its resources in top-tier mining jurisdictions in Québec and Ontario, with approximately 680,000 ounces of historical gold resources across its projects [6]. - The company's strategy aims to unlock district-scale potential through systematic exploration and strategic partnerships, thereby creating shareholder value through discovery and resource growth [6].
Aben Gold Receives First Payment of Option Agreement
Globenewswire· 2025-12-30 12:00
Core Viewpoint - Aben Gold Corp. has successfully received the first payment under an option agreement with Kingfisher Metals Corp., marking a significant step in the acquisition process of the Forrest Kerr Project [1][2]. Group 1: Option Agreement Details - Aben Gold has granted Kingfisher a three-year option to acquire a 100% interest in the Forrest Kerr Project, which consists of 50 mineral claims covering approximately 20,197 hectares [2]. - The total commitment for Kingfisher to earn the 100% interest includes combined cash and share issuance commitments amounting to CAD $2.7 million [2]. Group 2: Financial Terms - The first payment received by Aben Gold includes CAD $150,000 and 1,886,792 shares of Kingfisher, with the total cash payments structured as follows: - On the closing date: CAD $150,000 and shares valued at CAD $500,000 - Within 6 months: CAD $150,000 and shares valued at CAD $500,000 - Within 12 months: CAD $200,000 and shares valued at CAD $500,000 - Within 36 months: CAD $700,000 [4]. Group 3: Project Management - Kingfisher will act as the operator of the Forrest Kerr Project during the option period, indicating a collaborative approach to project development [3][5]. Group 4: Company Overview - Aben Gold Corp. is a Canadian gold exploration company with projects in the Yukon Territory and British Columbia, aiming to enhance shareholder value through new discoveries and development in favorable jurisdictions [7]. - The company currently has 23.2 million shares outstanding [8].
Trojan Gold Inc. Clarifies Status of Its Non-Brokered Unit Offering
TMX Newsfile· 2025-12-24 21:00
Core Viewpoint - Trojan Gold Inc. is planning to close a non-brokered private placement of 2,000,000 units at a price of $0.10 per unit, aiming for total gross proceeds of $200,000 by December 31, 2025 [1][2]. Group 1: Private Placement Details - The private placement will consist of units that include one common share and one common share purchase warrant, with each warrant allowing the purchase of an additional common share at an exercise price of $0.15 for 24 months from the closing date [2]. - The total subscription price of $200,000 has been satisfied by amounts previously advanced to the company [1]. - All securities from the placement will be subject to a four-month and one-day hold period from the closing date, and no finders' fees will be paid [3]. Group 2: Related Party Transaction - The issuance of the units is classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from valuation and minority approval requirements as the fair market value does not exceed 25% of the company's market capitalization [4]. Group 3: Company Overview - Trojan Gold Inc. is an Ontario-based prospect generator junior exploration company, focusing on mineral exploration potential in the Hemlo Gold Camp and Shebandowan Greenstone Belt [5]. - The company is listed on the Canadian Securities Exchange under the symbol CSE: TGII and on the Frankfurt Exchange under the symbol KC1 [5].
Exploits Closes Charity Portion of its Flow Through Financing with Quebec Funds
TMX Newsfile· 2025-12-24 18:34
Core Viewpoint - Exploits Discovery Corp. has successfully closed the charity portion of its flow-through non-brokered private placement, raising approximately $1.45 million to fund its exploration activities in Québec [1][2]. Group 1: Financing Details - The company issued a total of 16,666,666 flow-through common shares at a price of $0.087, resulting in total proceeds of $1,449,999.94 [1]. - The shares are subject to a hold period expiring on April 25, 2026, in accordance with Canadian securities laws [1]. - A cash finder's fee of $28,000 was paid to eligible finders, with no finder's warrants issued [5]. Group 2: Use of Proceeds - The gross proceeds from the financing will be allocated to eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" in connection with the company's exploration portfolio in Québec [3]. - The company plans to incur these qualifying expenditures on or before December 31, 2026, and will renounce them to the subscribers of the Charity FT Shares by December 31, 2025 [4]. Group 3: Company Strategy and Operations - The financing is seen as an endorsement of the company's strategy in Québec, enabling the execution of its winter drilling program on high-priority targets [2]. - Exploits Discovery is focused on advancing its gold projects in Québec, which include approximately 680,000 ounces of historical gold resources across multiple projects [9].
Trojan Gold Inc. Closes a Non-Brokered Unit Offering
TMX Newsfile· 2025-12-23 22:44
Core Viewpoint - Trojan Gold Inc. has successfully closed a non-brokered private placement, raising a total of $200,000 through the issuance of 2,000,000 units at a price of $0.10 per unit [1][2]. Group 1: Private Placement Details - The units consist of one common share and one common share purchase warrant, with each warrant allowing the purchase of an additional common share at an exercise price of $0.15 for 24 months [2]. - The total gross proceeds from the private placement were satisfied by amounts previously advanced to the company [1]. - All securities issued are subject to a four-month and one-day hold period from the closing date, and no finders' fees were paid [3]. Group 2: Related Party Transaction - The issuance of the units is classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from valuation and minority approval requirements [4]. - The fair market value of the transaction does not exceed 25% of the company's market capitalization, allowing the company to proceed without additional approvals [4]. Group 3: Company Overview - Trojan Gold Inc. is a junior exploration company based in Ontario, focusing on mineral exploration in the Hemlo Gold Camp and Shebandowan Greenstone Belt [5]. - The company is led by a team with expertise in exploration, engineering, project financing, and permitting [5]. - Trojan Gold is listed on the Canadian Securities Exchange under the symbol CSE: TGII and on the Frankfurt Exchange under the symbol KC1 [5].