Core Viewpoint - Trilogy Metals experienced a significant decline in key financial metrics for fiscal 2025 compared to 2024, leading to a nearly 13% drop in its stock price following an uninspiring earnings report [1][2]. Financial Performance - The company's net loss increased dramatically to $42.4 million from a loss of under $8.6 million in the previous year [4]. - General and administrative costs rose slightly to $1.3 million from $1.2 million in 2024, indicating a lack of operational efficiency [4]. - Trilogy did not disclose a top-line revenue figure in its earnings report [4]. Government Investment - Trilogy signed a binding letter of intent with the U.S. Department of Defense, which will invest approximately $17.8 billion for over 8.2 million units of the company at a price of $2.17 per unit [5]. Management Perspective - Management, including CEO Tony Giardini, emphasized the strengthening of the company's financial position and alignment with U.S. federal and state stakeholders focused on securing domestic supplies of critical minerals [6]. Market Data - The current market capitalization of Trilogy Metals is $722 million, with a stock price of $3.70 [7]. - The stock has a 52-week range of $1.13 to $11.29, indicating significant volatility [7]. - Despite the disappointing financial results for 2025, the company has promising projects in the Arctic and Bornite, suggesting potential for future growth [7].

Core Viewpoint - Vizsla Silver Corp. has been downgraded from Buy to Hold by National Bank due to a security incident at its PANUCO project site in Mexico, impacting the company's operations and outlook [1][2][4]. Group 1: Company Overview - Vizsla Silver Corp. is a Canadian mineral exploration and development company focused on its 100% owned Panuco silver-gold project located in Sinaloa, Mexico [4]. Group 2: Incident Details - A security incident occurred at the PANUCO project site on January 28, resulting in at least 10 individuals being taken from the site, with some confirmed deceased [2][4]. - The company is awaiting further confirmation from Mexican authorities regarding the incident [2]. Group 3: Analyst Insights - Analysts at National Bank believe the security incident will delay the project's progress, leading to the downgrade of the stock to Hold with a price target of $4.73 [1][4]. - Michael Konnert, President & CEO, expressed condolences and support for the affected families and the community during this difficult time [4].

Core Viewpoint - Bunker Hill Mining Corp. is announcing amendments to its LIFE offering of approximately 138,900,000 units, aimed at raising capital for its mining operations in Idaho [1][2]. Group 1: LIFE Offering Details - The LIFE Offering will consist of approximately 138,900,000 LIFE Units, offered through a "best efforts" private placement and a non-brokered private placement, excluding Québec, the United States, and other jurisdictions [2]. - The Company has granted the Agents an option to sell up to an additional 15% of the LIFE Units sold under the LIFE Offering, which can be exercised up to 48 hours prior to the Closing Date [3]. Group 2: Company Overview - Bunker Hill Mining Corp. focuses on revitalizing the historic Bunker Hill Mine, which contains significant deposits of zinc, lead, and silver in Idaho's Coeur d'Alene mining district [5]. - The Company aims to maximize shareholder value while responsibly harnessing the mineral wealth of the Silver Valley mining district through modern exploration techniques and sustainable practices [5].

Core Viewpoint - Nexcel Metals Corp. has filed an independent NI 43-101 technical report for its Burnt Hill Tungsten Project, indicating a commitment to advancing exploration and development in the tungsten mining sector [1][2]. Project Overview - The Burnt Hill Tungsten Project is located approximately 95 kilometers north of Fredericton, New Brunswick, covering about 1,540 hectares across 70 mining cells [3]. - The project is situated in a historically significant tungsten mining district, with tungsten mineralization first discovered in the late 1800s and documented production occurring in 1915 and between 1952 and 1956 [4]. Mineralization Details - Tungsten mineralization at Burnt Hill is found in quartz veins associated with granitic intrusions, with key minerals including wolframite, molybdenite, cassiterite, and pyrrhotite [5]. Recommended Work Program - The technical report recommends a two-phase exploration program aimed at modernizing historical data, verifying past results, and supporting future exploration targeting [7][16]. - **Phase 1** involves data compilation and GIS integration [16]. - **Phase 2** includes geological mapping, surface sampling, and geophysical surveys [16]. Technical Report Availability - The technical report is accessible under the company's profile on SEDAR+ and can be requested directly from the company [8]. Company Background - Nexcel Metals Corp. is a junior mining company focused on the acquisition, exploration, and development of mineral properties, with current projects including the Lac Ducharme Project in Québec and the Burnt Hill Project in New Brunswick [14].

Core Insights - Vizsla Silver Corp. (NYSE:VZLA) is currently viewed as a strong buy penny stock despite recent challenges [1] - The company has faced significant setbacks due to worker fatalities at its Panuco project in Mexico, leading to a downgrade by National Bank [2][3] Group 1: Company Updates - On February 12, Vizsla Silver Corp. provided an update on the Concordia incident, emphasizing its commitment to governance and safety, while confirming that five colleagues remain unaccounted for [1] - The company reported on February 9 that several families had informed them that their relatives, who were taken from the Concordia project site, had been found deceased, and they were awaiting confirmation from Mexican authorities [3] Group 2: Analyst Ratings and Market Response - National Bank downgraded Vizsla Silver Corp. from Outperform to Sector Perform, reducing the price target from C$10.50 to C$6.50, citing anticipated delays at the Panuco project as the main reason for the downgrade [2] - The downgrade reflects concerns over the impact of recent worker deaths on project timelines and overall company performance [2]

Financial Performance - New Pacific Metals Corp. reported a net loss attributable to equity holders of $1.58 million or $0.01 per share for the three months ended December 31, 2025, and a net loss of $2.33 million or $0.01 per share for the six months ended December 31, 2025 [1][3] - The company had a working capital of $41 million as of December 31, 2025 [3] - Operating expenses for the three and six months ended December 31, 2025, were $1.47 million and $2.79 million, respectively [3] Investment Income - Income from investments for the three and six months period reached $0.31 million and $0.42 million, respectively, compared to $0.19 million and $0.44 million in the same periods of the previous year [4] Company Overview - New Pacific Metals Corp. is involved in the development and exploration of mineral properties in Bolivia, with operations divided into segments: Corporate, Silver Sand, Carangas, and Silverstrike [4]

Core Viewpoint - Amaroq Ltd. has announced the vesting of restricted share units (RSUs) and new awards under its RSU Plan, indicating ongoing commitment to incentivizing key personnel and aligning their interests with shareholders [1][2]. Group 1: Vesting of RSUs - A total of 1,792,236 RSUs, representing 50% of the awarded shares, have vested as of February 12, 2026 [2]. - Key personnel, including CEO Eldur Olafsson and Interim COO Joan Plant, have seen their total holdings increase to 17,055,825 and 551,007 shares, respectively [2]. - The remaining 50% of the shares will vest on the second anniversary of the grant date [2]. Group 2: Trading and Voting Rights - Application for the admission of the RSU Shares to trading on AIM has been made, with expected trading commencement on February 17, 2026 [4]. - Following the admission, the total issued share capital of the company will consist of 465,441,058 common shares, all with voting rights [4]. Group 3: New Awards under RSU Plan - On February 12, 2026, new awards were granted to directors and employees under the RSU Plan, with specific allocations detailed for key personnel [8]. - The initial price for the awards is set at CAD 1.04 for one participant and CAD 0.552 for others, with a hurdle rate of 10% per annum above the initial price [9]. - A total of 69,476 additional RSUs were granted to personnel, all of which will vest on the first anniversary of the grant date [9]. Group 4: Company Overview - Amaroq Ltd. focuses on the identification, acquisition, exploration, and development of gold and strategic metal assets in Greenland, with its flagship asset being the 100%-owned Nalunaq Gold Mine [13]. - The company has also acquired a 100% interest in the Black Angel zinc-lead-silver project and is advancing studies for potential redevelopment [14]. - Amaroq controls a broad portfolio of strategic metal licenses across South Greenland, including projects for copper, nickel, and rare earth elements [15].

Group 1 - OTC Markets Group Inc. announced that Tartisan Nickel Corp. has qualified to trade on the OTCQX Best Market [1] - Tartisan Nickel Corp. is a Canadian mineral exploration and development company, with its flagship asset being the Kenbridge nickel deposit located in the Kenora mining district of Ontario [2] - The Kenbridge nickel deposit has an estimated mineral resource of 7.5 million tons, with a nickel grade of 0.58% and a copper grade of 0.32%, totaling 95 million pounds of contained nickel [2] Group 2 - Tartisan Nickel Corp. also holds other assets, including the Silver Lake lead-silver project in Sault Ste. Marie, Ontario, and the Turtle Pond nickel-copper project in Dryden, Ontario [2] - The inferred resource at the Kenbridge deposit is estimated at 985,000 tons, with a nickel grade of 1% and a copper grade of 0.62%, containing 22 million pounds of nickel and 53 million pounds of copper [2]

Core Insights - Q-Gold Resources Ltd. has been invited to attend the BMO Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida from February 22 to 25, 2026, marking a significant opportunity for the company to engage with institutional investors and industry leaders [1][2][3] Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America, with shares listed on TSX Venture Exchange, OTCQB, and Börse Frankfurt [6][7] - The company's flagship asset is the Quartz Mountain Gold Project located in southern Oregon, which is strategically positioned in a historically productive mining district with excellent infrastructure access [3][7] Project Details - The Quartz Mountain Gold Project has an estimated 1.543 million ounces of gold at a grade of 0.96 g/t and 2.049 million ounces of silver at a grade of 1.27 g/t within 50,002 kt of indicated mineral resources, along with an additional 148,000 ounces of gold at 0.77 g/t and 135,000 ounces of silver at 0.70 g/t within 5,992 kt in the inferred category [4] - The project represents a significant opportunity for Q-Gold to advance its portfolio and unlock long-term value for shareholders [4] Strategic Focus - The company is committed to progressing its portfolio of gold and silver assets toward production, with a primary focus on the Quartz Mountain Gold Project and the Mine Centre Gold Project in Ontario [7] - Q-Gold aims for resource expansion through systematic exploration, disciplined project development, and responsible environmental stewardship in established mining jurisdictions [7]

Core Insights - Tartisan Nickel Corp. has successfully upgraded to trade on the OTCQX® Best Market from the OTCQB® Venture Market, enhancing its visibility among U.S. investors [1][3][4] Company Overview - Tartisan Nickel Corp. is a Canadian mineral exploration and development company, with its flagship asset being the Kenbridge Nickel Deposit located in the Kenora Mining District, Ontario, Canada [5] - The Kenbridge Nickel Deposit has a measured and indicated mineral resource estimate of 7.5 million tonnes (Mt) at 0.58% nickel and 0.32% copper, totaling 95 million pounds (Mlb) of contained nickel, along with an additional inferred resource of 0.985 Mt at 1% nickel and 0.62% copper, equating to 22 Mlb of contained nickel and 53 Mlb of copper [5] Market Context - The OTCQX Market is designed for established, investor-focused companies, requiring them to meet high financial standards and adhere to best practice corporate governance [3] - Graduating to the OTCQX Market is seen as a significant milestone for companies, allowing them to demonstrate qualifications and increase visibility among U.S. investors [3] Strategic Importance - The CEO of Tartisan Nickel Corp. emphasized that the upgrade to the OTCQX Market strengthens the company's presence with U.S. investors and broadens access to a wider investor base [4] - The company is advancing its high-grade Kenbridge Nickel-Copper-Cobalt Project towards a potential pre-feasibility study in 2026, highlighting the strategic importance of North American critical minerals [4]