Core Viewpoint - Solis Minerals Ltd has released 3D geophysical modelling for the Cucho Project in Peru, confirming drill targets ahead of a planned 2026 campaign, integrating historical datasets and reinforcing confidence in the project [1][2][8]. Group 1: Project Developments - The 3D model integrates data from seven previous drill holes, geochemical mapping, and geophysical surveys, all of which encountered mineralisation [1][7]. - A drone-borne magnetic survey is set to begin in the coming weeks to replace outdated magnetometer data from 10 to 12 years ago, aiding in drill planning [2][10]. - The modelling exercise has helped prioritize zones for follow-up drilling, with CEO Mitch Thomas expressing strong enthusiasm for the upcoming drilling campaign [2][8]. Group 2: Future Expectations - Solis anticipates a strong close to the 2025 calendar year, awaiting assay results from two drilling programs completed this year [3][11]. - The company is in the final stages of securing government approvals for the Santos project, with daily communication with local authorities indicating imminent results [3][11]. - Outcomes from the Cucho, Santos, and ongoing assay campaigns are expected to position the company for a busy exploration season in 2026 [4].

TORONTO, ON / ACCESS Newswire / December 4, 2025 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to announce additional high-grade cesium assays from the Lucy South target zone at its 100%-owned Falcon West cesium property (the "Property"). The current drill program is defining a high-grade near surface zone of pollucite-hosted cesium mineralization. ...

Core Viewpoint - Armory Mining Corp. is set to reprocess historical airborne geophysical data from its Riley Creek Antimony-Gold Project using modern interpretation techniques to enhance exploration efforts and identify drill targets [1][3][4]. Historical Geophysical Survey - A comprehensive airborne survey was conducted in 1995 covering approximately 575 line-kilometers, utilizing advanced systems including a multi-coil, multi-frequency DIGHEM™ system and high-sensitivity cesium magnetometer [1][2]. Modernization Program - The company plans to digitize the entire geophysical dataset and apply contemporary processing algorithms that were not available in the 1990s, which will allow for improved data filtering, 3D modeling, and integration of multiple datasets [3][4]. Project Details - The Riley Creek Project is located on Graham Island, British Columbia, and is accessible year-round via logging roads. The regional geology includes Jurassic sedimentary rocks and Tertiary volcanic flows [5]. Company Overview - Armory Mining Corp. focuses on minerals critical to energy, security, and defense sectors, holding an 80% interest in the Candela II lithium brine project in Argentina and options for 100% interests in both the Riley Creek and Ammo antimony-gold projects [6].

Core Points - Spark Energy Minerals Inc. plans to complete a non-brokered private placement of up to $500,000 by offering up to 10,000,000 units at a price of $0.05 per unit [1][2] - Each unit will consist of one common share and one warrant to purchase an additional common share at a price of $0.06 for three years [2] - The net proceeds will fund the near-term drill program at the Arapaima Project in Brazil, with remaining funds allocated to general working capital [3][5] Company Overview - Spark Energy Minerals Inc. is focused on the exploration and development of critical minerals essential for the clean-energy transition, particularly in Brazil's Lithium Valley [5] - The Arapaima Project spans approximately 91,900 hectares and targets lithium and gallium-REE mineralization [5] - The company is committed to responsible exploration practices and aims to support Brazil's development of a sustainable critical-minerals supply chain [5]

TORONTO, ONTARIO / ACCESS Newswire / November 20, 2025 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to announce the first five assays from its 2025 cesium-focused drill program at the 100%-owned Falcon West Cesium property (the "Property"). The Property is located approximately 110 km east of Winnipeg, Manitoba. ...

Core Insights - The collaboration between Nimy Resources and M2i Global aims to establish a supply chain for gallium production, addressing the U.S.'s reliance on imports for this critical mineral [2][3][6] Company Developments - Nimy Resources and M2i Global have signed a non-binding Memorandum of Understanding (MOU) to negotiate the sale and purchase of gallium from the Mons Project in Western Australia [4][5] - The Mons Project is expected to provide a JORC-compliant gallium resource along with other critical minerals, enhancing the supply chain for the U.S. market [4][6] Market Context - The U.S. currently imports 100% of its gallium, with a significant portion sourced from China, highlighting the need for domestic production to ensure national security and supply chain resilience [3][6] - The agreement aligns with the increasing global demand for critical minerals, particularly gallium, which is essential for sectors such as semiconductors, aerospace, and defense [6][8] Strategic Initiatives - M2i Global has been granted exclusive rights to negotiate the purchase of up to 100% of gallium-bearing concentrates from the Mons Project for delivery to the U.S. [8][9] - M2i will assist Nimy in approaching U.S. entities as potential buyers, aligning with U.S. critical minerals priorities [8][9] Project Development - The due diligence period for M2i to conduct assessments will last six months, during which Nimy will provide necessary metallurgical data [9] - The parties aim to negotiate a formal offtake agreement within 12 months, ensuring a structured path towards commercialization [9][10] Leadership Statements - M2i Global's CEO emphasized the importance of securing a reliable source of gallium for the U.S., reinforcing the commitment to building a robust critical minerals supply chain [7] - Nimy's Managing Director highlighted the MOU as a pivotal moment for advancing the Mons Project towards production, validating the quality of their gallium resource [7]

Core Insights - Ivanhoe Electric has secured credit approval for a $200 million senior secured multi-draw bridge facility to finance the Santa Cruz copper project in Arizona, enhancing liquidity for early construction and working capital needs [1][2] - The banking syndicate includes National Bank Capital Markets, Société Générale, and BMO Capital Markets as joint lead arrangers, with the facility expected to close in December 2025 [2] - The company is in advanced negotiations with potential minority interest partners and project debt providers, including the US Export-Import Bank, aiming for initial copper cathode production by late 2028 [3][6] Financing Strategy - The bridge facility is a crucial part of Ivanhoe Electric's comprehensive financing strategy, which may involve project-level minority investments and long-term project debt [2][5] - Financing options under consideration include project-level minority investments and project debt, with a letter of interest from EXIM for $825 million in project debt received in April 2025 [6] Project Development - The Santa Cruz project is positioned to be one of the first new copper mines in the US in nearly two decades, with a mining process designed to produce 99.99% pure copper without a smelter [4][5] - The company aims to complete project financing in the first half of 2026, following detailed discussions since the preliminary feasibility study completion in June 2025 [5][6] Company Overview - Ivanhoe Electric is a US-domiciled minerals exploration company focused on developing mines from mineral deposits primarily located in the US [7]

Core Viewpoint - Ivanhoe Electric has secured a $200 million credit facility to support the development of the Santa Cruz Copper Project, marking a significant step in its project financing strategy and enhancing liquidity for early construction activities [1][2][3]. Financing Details - The Bridge Facility will provide early liquidity support and is a crucial part of the overall financing strategy, which may include project-level minority investments and long-term project debt [2][8]. - The facility has a two-year maturity and is priced at the three-month Secured Overnight Financing Rate plus a margin of 5.0%, with an expected rate of approximately 8.8% at the time of the announcement [6][7]. Project Development - Ivanhoe Electric is in advanced discussions with potential minority interest partners and project debt providers, including the U.S. Export-Import Bank [3][9]. - The Santa Cruz Copper Project aims to produce approximately 3 billion pounds of pure copper over its initial 23-year mine life, with first copper cathode production targeted for late 2028 [4][14]. Employment and Economic Impact - The project is expected to create around 1,000 skilled jobs during the construction phase, contributing to local economic development [4][14]. Company Vision - The company aims to establish itself as a new American-focused critical metals producer, enhancing supply chain security for copper and other essential metals [4][10].

Core Insights - Critical One Energy Inc. has appointed Matthew Trenkler, PhD, P.Geo, as its Chief Geological Officer to enhance its technical strategy and exploration efforts at the Howells Lake Antimony-Gold Project, which is Canada's largest undeveloped antimony deposit [1][2][3] Company Overview - Critical One Energy Inc. focuses on critical minerals and upstream energy, particularly antimony and gold, to meet the rising global demand for these resources [4] - The Howells Lake Project is strategically located approximately 200 kilometers from the Ring of Fire corridor in Ontario, Canada, emphasizing the company's commitment to critical minerals [2][4] Leadership and Expertise - Matthew Trenkler brings over 15 years of experience in geological modeling and exploration, having previously led exploration at Wesdome's Eagle River Mine and held leadership roles with IAMGOLD [3] - The appointment of Trenkler is expected to strengthen the company's exploration strategy and enhance its technical team's execution capabilities [3]

Core Viewpoint - Global Energy Metals Corporation has terminated its non-binding letter of intent to acquire Luna Energy Ltd and has also cancelled a previously announced consolidation and financing as part of this termination [1] Group 1: Company Actions - The company will continue to explore opportunities to increase its investment exposure to the new energy economy [2] - The termination of the acquisition reflects a strategic decision to focus on other growth-oriented projects [1] Group 2: Industry Context - Global Energy Metals is focused on the critical minerals necessary for the electrification movement, including cobalt, nickel, copper, and lithium [4] - The company is adopting a 'consolidate, partner and invest' strategy to build a portfolio of significant investments in battery metal resources [4] - The company is targeting projects with low logistics and processing risks to fast-track their entry into the supply chain [5] Group 3: Market Opportunity - The company views securing exposure to critical minerals as a generational investment opportunity in the eMobility revolution [6] - The electrified economy's growth is underpinned by the availability of battery metals, which are essential for the transition to clean energy [4]