Mineral Exploration

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Fathom Announces Completion of Final Requirements Under Gochager Lake Earn-in Agreement
Newsfile· 2025-10-07 11:50
Core Viewpoint - Fathom Nickel Inc. has successfully completed all requirements under the Gochager Lake Earn-In Agreement, securing a 100% interest in the Gochager Lake Property, subject to a 2% net smelter return royalty [1][4]. Group 1: Agreement Completion - The final cash payment and share issuance have been completed, allowing the company to hold a full interest in the property [1]. - The vendor requested changes to the agreement, resulting in a decrease of cash payments by $12,500 to a total of $79,500 and an increase in share issuance by 290,000 to a total of 1,210,000 shares [3]. - The earn-in period was accelerated from four years to three years due to the company's exploration success [3]. Group 2: Exploration Achievements - Since entering the agreement in September 2022, the company has expanded the Gochager Lake property from 4,696 hectares to over 34,000 hectares [2]. - A geological model has been developed that supports comparisons to world-class magmatic nickel sulphide projects [2]. - The original Gochager Lake deposit has been expanded into a mineralized corridor extending over 1.4 km, which remains open along strike in both directions [2]. Group 3: Future Plans and Potential - The company has identified numerous high-priority drill targets as part of its goal to establish a district-scale nickel camp in north-central Saskatchewan [2]. - The Gochager Lake deposit is treated as an Exploration Target, with potential estimates of 4-5 million tons grading 0.3%-0.4% Ni and 0.08%-0.09% Cu, including a higher-grade core of 1.5-2 million tons grading 0.6%-0.7% NiEq [14].
Brixton Metals Drills 38.50m of 4.07 g/t Gold Including 1.85m of 39.61 g/t Gold at the Trapper Gold Target
Globenewswire· 2025-10-07 11:30
VANCOUVER, British Columbia, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce additional drill results from the Trapper Gold Target from the 2025 season. A total of 6272m was drilled at the Trapper Target from 30 holes this season. Assays are pending for the remaining 17 holes. The zone remains open for expansion. Highlights Hole THN25-344 returned 38.50m of 4.07 g/t gold from 191.00m depth Including 1.85m of 39.61 g ...
First American Uranium Inc. to Enter Quebec with Planned Strategic Acquisition of Rare Earth Elements Niobium Properties in the Grenville Province, Quebec
Globenewswire· 2025-10-07 11:30
Core Viewpoint - First American Uranium Inc. has entered into a property purchase agreement to acquire a 100% interest in mineral properties in Quebec's Grenville Province, marking its first entry into this mining-friendly jurisdiction [1][3][5] Acquisition Details - The acquisition includes five properties covering 39 claims over 2,240 hectares, with an additional 480 claims staked by the company, totaling 519 claims and 29,936 hectares [3][5] - The company will issue 4,020,000 common shares at a deemed price of $0.85 per share as consideration for the properties [13][14] Strategic Significance - The Grenville Province is recognized for its high concentration of critical minerals, including rare earth elements, niobium, and nickel-copper, positioning the company to capitalize on exploration and development opportunities [2][3][5] - Historical samples from the properties have shown promising results, including 2.7% Total Rare Earth Elements and 3,190 ppm niobium [5][6] Market Context - The global niobium market was valued at approximately $2.9 billion in 2024 and is projected to reach $4.6 billion by 2032, driven by demand in high-strength steels and advanced applications [11] - The company aims to align its strategy with U.S. initiatives to boost production of critical minerals, enhancing its growth potential [12] Future Plans - The company plans to pursue non-dilutive funding opportunities and engage with U.S. government agencies to advance development while preserving shareholder value [12][13]
Evergold Announces Proposed Share Consolidation
Globenewswire· 2025-10-07 11:00
Core Viewpoint - Evergold Corp. plans to consolidate its outstanding common shares at a ratio of ten pre-consolidation shares for one post-consolidation share, in connection with acquiring the Copper King inlier claims related to its Golden Lion property in British Columbia [1][3]. Share Consolidation Details - The company currently has 120,075,696 pre-consolidation shares, which will reduce to approximately 12,007,569 post-consolidation shares after the consolidation [2]. - No fractional shares will be issued; any fractional shares will be rounded down to the nearest whole number without cash compensation [2]. - The consolidation is expected to take effect on October 17, 2025, with a record date of October 16, 2025, pending necessary regulatory approvals [3]. Shareholder Instructions - Registered shareholders will receive a letter of transmittal with instructions for exchanging pre-consolidation share certificates for post-consolidation shares [4]. - Shareholders holding shares in brokerage accounts or in book-entry form do not need to take any action [4]. - Outstanding securities convertible into common shares will also be adjusted according to the consolidation ratio [4]. Company Background - Evergold Corp. is a mineral exploration company listed on TSX-V, with projects in British Columbia and Nevada [5]. - The company has a successful track record in the junior exploration sector, including the establishment of GT Gold Corp. and the discovery of significant mineral deposits sold to Newmont for a fully diluted value of $456 million, representing a 1,136% return on exploration expenditures of $36.9 million [5].
Panther Minerals Announces Share Consolidation
Thenewswire· 2025-10-07 00:40
Vancouver, British Columbia – October 6, 2025 – TheNewswire - Panther Minerals Inc. (“Panther Minerals” or the “Company”) (CSE: PURR) (OTC: GLIOF) (FWB: 2BC) announces that the Company will be consolidating all of its issued and outstanding common shares on the basis of one (1) post-consolidated Share (each a "Post-Consolidated Common Share") for every forty (40) pre-consolidated shares (each a "Pre-Consolidated Common Share") held (the "Consolidation"). The Consolidation is intended to make the Company m ...
Gold'n Futures Announces New Meeting Date For Annual General and Special Meeting
Thenewswire· 2025-10-06 23:00
VANCOUVER, BC – TheNewswire – October 6, 2025 - GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (OTC: GFTRF) (the “Company” or “Gold’n Futures”) announces that its annual general and special meeting of shareholders (the “AGSM”) scheduled for Thursday, November 6, 2025 has been rescheduled to November 18, 2025 at 11:00 a.m. (Pacific Standard Time). The AGSM will take place at Suite 1890 – 1075 West Georgia Street, Vancouver, British Columbia.About ...
Lomiko Metals Announces Closing of the First Tranche of the Hard Dollar Financing
Businesswire· 2025-10-06 22:57
MONTREAL--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX.V: LMR) ("Lomiko†or the "Company†) announces that it will apply to the TSX Venture Exchange ("TSXV†) for approval to close the first tranche of the hard dollar financing for total proceeds of $650,000. The Company anticipates issuing 6,500,000 common shares at $0.10, along with a half warrant exercisable for three years at $0.15. All securities issued shall be subject to a hold period expiring four months and one day from their date of issuance. Complet ...
Eastfield Resources Ltd. Announces Closing of Private Placement
Thenewswire· 2025-10-06 22:50
Vancouver, BC, October 6, 2025 – TheNewswire - Eastfield Resources Ltd. (TSX-V: ETF) (“Eastfield” or the “Company “) announces that it has closed its previously announced non-brokered private placement for total proceeds of $1,000,000 (see news release dated August 25, 2025). The private placement consisted of the sale of 50,000,000 units at a price of $0.02 per unit, with each unit consisting of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additi ...
Sanatana Resources Inc. Announces Closing of Second Tranche of Private Placement and Name Change (Now Gold Strike Resources Corp.)
Newsfile· 2025-10-06 22:17
Core Points - Sanatana Resources Inc. has completed the second tranche of its non-brokered private placement, raising a total of $133,000.20 by issuing 221,667 units at a price of $0.60 per unit [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with the offering conducted alongside the acquisition of the Gold Strike One Project in Yukon and the Abitibi Property in Quebec [1][3] - The company has changed its name to Gold Strike Resources Corp. and will trade under the new ticker symbol "GSR" effective October 8, 2025 [5] Financial Details - The company paid finder's fees totaling $2,310 in cash and issued 3,850 Finder's Warrants as part of the second tranche [2] - In total, the company has issued 207,901 Finder's Warrants and paid $124,741.47 in cash finder's fees during the offering [2] Regulatory Information - All securities issued in connection with the second tranche are subject to a statutory hold period of four months plus a day, expiring on February 4, 2026 [3] - The securities offered have not been registered under the United States Securities Act of 1933 and cannot be sold in the U.S. without proper registration or exemption [4]
York Harbour Updates Option Agreement Timeline with Firetail and Announces Proposed Name Change
Newsfile· 2025-10-06 20:30
Core Points - York Harbour Metals Inc. has extended the deadline for a milestone payment from Firetail Resources Limited (now Mammoth Minerals Limited) to November 30, 2025, allowing Mammoth to pay AUD 100,000 and issue 25 million shares [1] - The company is undergoing a name change to Naughty Ventures Corp. to reflect its evolution from a single-asset explorer to a multi-venture company [3][4] - The new trading symbol will be "BAD," with shares expected to commence trading under the new name on or about October 14, 2025 [5] Option Agreement Details - The original Option Agreement was dated June 5, 2024, and included a requirement for Mammoth to make a cash payment and issue shares by October 5, 2025 [1] - The subsequent milestone deadlines under the Option Agreement remain unchanged despite the extension [1] Company Overview - York Harbour Metals is focused on acquiring and developing mineral assets with strong value potential and investing in companies with significant growth potential [5] - The company holds a significant equity position in Firetail Resources and has interests in the York Harbour copper-zinc project and the Bottom Brook rare earth property [5]