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New Earth Resources Appoints Harrison Cookenboo to Advisory Board
Globenewswire· 2025-12-04 08:01
Core Insights - New Earth Resources Corp. has appointed Dr. Harrison Cookenboo to its advisory board, bringing over 35 years of geological experience [1][2] Company Overview - New Earth Resources Corp. is a Canadian mineral exploration company focused on acquiring and developing both advanced and early-stage exploration projects [4] - The company's flagship project is the 100% owned Lucky Boy Uranium Property in Gila County, Arizona, which spans approximately 273 acres and includes 14 Lode Claims [4] - The Lucky Boy Project has historical production of uranium from the 1950s and 1970s [4] - The company also holds three uranium claims in Saskatchewan, Canada, covering 365 hectares [4] - New Earth has options to acquire a 100% interest in the SL Project in Quebec, covering approximately 1,101 hectares, which is prospective for rare earth elements [5] - Additionally, the company has the option to acquire the Red Wine Rare Earth Project in Labrador, comprising 2 non-contiguous mineral claims covering approximately 1,575 hectares [5] Dr. Harrison Cookenboo's Background - Dr. Cookenboo holds a B.Sc. cum laude in geology from Duke University and has experience in hydrocarbon exploration in the Gulf of Mexico [2] - He completed his M.Sc. and Ph.D. in geology at the University of British Columbia and has extensive exploration and research experience in various minerals [2][3] - He has authored over 25 technical reports compliant with National Instrument 43-101 standards and is recognized as a "Qualified Person" in mineral exploration [3]
Tocvan Announces Positive Surface Results From North Block And Drill Program Update At Gran Pilar
Accessnewswire· 2025-12-04 07:05
Core Insights - Initial surface results from the North Block indicate high silver values, with over 1,300 meters drilled to date and results pending [1] - Surface data enhances target areas for drill testing, focusing on higher grade gold potential at depth [1] - Mineralized shoots and feeder zones may align with strong alteration signatures where silver, lead, zinc, antimony, arsenic, and gold are present [1]
GK Resources and Syntholene Energy Announce Filing of Filing Statement
Newsfile· 2025-12-04 03:55
Group 1 - GK Resources Ltd. and Syntholene Energy Corp. have filed a Filing Statement related to their reverse takeover transaction, encouraging investors to review it for full details [1][2] - The transaction is expected to close around December 9, 2025, with GK changing its name to "Syntholene Energy Corp." and listing on the TSX Venture Exchange under the new symbol "ESAF" [2] - The transaction remains subject to customary closing conditions, including escrow release conditions and final approval from the TSXV [2] Group 2 - Syntholene Energy Corp. is focused on commercializing a new production pathway for low-cost clean fuel synthesis, targeting ultrapure synthetic jet fuel at a cost 70% lower than competing technologies [4] - The company employs a power-to-liquid strategy that utilizes thermal energy for hydrogen production and fuel synthesis, having secured 20MW of dedicated energy for its upcoming demonstration facility [5] - Syntholene aims to deliver a scalable modular production platform for cost-competitive synthetic fuel, contributing to the commercialization of carbon-neutral efuels globally [6] Group 3 - GK Resources Ltd. is a mineral property exploration company that began trading on the TSX Venture Exchange in March 2019 [7]
Mustang Energy Corp. Stakes Two New Mineral Properties in Newfoundland: Onyx Uranium Project and Bridal Veil Copper–Silver Project
Globenewswire· 2025-12-03 23:49
VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (the “Company” or “Mustang”) is pleased to announce that it has staked two new mineral exploration properties in Newfoundland and Labrador — the Onyx Uranium Project (the “Onyx Project”) in southern Newfoundland and the Bridal Veil Copper–Silver Project (the “Bridal Veil Project”) in central Newfoundland — consisting of a combined 446 claims totaling approximately 3,875 hectares. Together, th ...
Infinico Metals Corp. Announces $200,000 Non-Brokered Private Placement, Changes to Board of Directors, and Proposed up to 15-for-1 Common Share Consolidation
Globenewswire· 2025-12-03 22:00
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Infinico Metals Corp. (“Infinico” or the “Company”) (TSX-V: INFM) is pleased to announce a proposed non-brokered private placement financing (the “Offering”) for gross proceeds of up to $200,000 composed of the sale of up to 20,000,000 pre-consolidation shares (“Shares”) at a price of $0.01 per Share. The gross proceeds from the sale of Shares will be used fo ...
Avrupa Minerals Announces $500,000 Private Placement
Thenewswire· 2025-12-03 21:30
Core Viewpoint - Avrupa Minerals Ltd. plans to raise $500,000 through a private placement to fund exploration projects in Finland, ongoing operations in Portugal, and for working capital [1][2]. Private Placement - The company intends to issue 10 million units at a price of $0.05 per unit, subject to TSX Venture Exchange approval [2]. - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.075 for 36 months [3]. Use of Proceeds - Proceeds from the private placement will be allocated to drilling and exploration in Finland, ongoing operations in Portugal and Kosovo, and general corporate purposes [4]. Company Background - Avrupa Minerals is led by CEO Paul Kuhn and supported by Pacific Opportunity Capital Ltd., focusing on strong governance and efficient operations [5]. - The company has made two mineral discoveries in historic mining districts and is advancing projects in Kosovo and Portugal [6]. Industry Context - Portugal has a rich history of copper mining, particularly in the Iberian Pyrite Belt, which contains over 80 volcanogenic massive sulfide deposits [7]. - Avrupa holds a 100%-owned license in Portugal and is actively advancing multiple copper-zinc prospects in Finland through a partnership with Akkerman Exploration B.V. [8].
LAURION Reports Multiple High-Grade Intercepts, Including 15.35 g/t Au over 0.50 m (450.9-451.4 m), 7.30 g/t Au over 0.50 m (738.6-739.1 m), and a Broad 3.0 m Interval of 1.09 g/t Au (134.0-137.0 m)
Thenewswire· 2025-12-03 15:55
Core Insights - LAURION Mineral Exploration Inc. has announced positive assay results from its 2025 exploration drilling program at the Ishkōday Project, confirming the presence of high-grade orogenic gold veins in the Marge–Allard multi-vein corridor [1][3][4] Exploration Program Overview - The 2025 drill program included 15 drill holes totaling 7,586 meters, bringing cumulative drilling at Ishkōday to 99,834 meters across 470 drill holes [2] - The final 1,716 meters of drilling results from holes LME25-067 to LME25-070 have been reported, completing the disclosures for the year's program [2] Assay Results Highlights - The four drill holes reported the highest grade intercepts of the season, demonstrating strong continuity of near-surface veins and consistent high-grade mineralization across multiple stacked gold-bearing structures [3][4] - Specific assay results include: - LME25-069: 0.5 m @ 15.35 g/t Au, 3.0 m @ 1.09 g/t Au, and 1.1 m @ 4.14 g/t Au [5] - LME25-067: 0.7 m @ 11.40 g/t Au, within 1.3 m @ 5.64 g/t Au [5] - LME25-068: 0.5 m @ 1.04 g/t Au [5] Geological Context - The drill holes targeted the eastern extension of the Marge–Allard vein system, located approximately 700 meters north of the historic Sturgeon River Mine, which hosts a network of gold-bearing quartz veins [4][6] - Historical work has shown significant gold presence in the area, with previous sampling yielding high-grade assays [4][6] Future Plans - LAURION plans to integrate the new data into its 3D geological and structural model for Ishkōday, focusing on the Sturgeon River–Brenbar Corridor and the A-Zone-CRK corridor as part of its 2026–2027 Strategic Operating Plan [7] - The upcoming work will include structural consolidation and plunge-oriented drilling to evaluate the continuity of high-grade shoots identified in previous drill programs [7]
SAGA Metals Completes Phase 1 & Commences Phase 2 of Drilling at Radar Project in Labrador—Confirms Extensive Oxide Mineralization Over 1.5 Km & Provides Corporate Update
Globenewswire· 2025-12-03 13:00
Core Insights - SAGA Metals Corp. has successfully completed the first phase of drilling in the Trapper Zone, confirming extensive oxide mineralization over 1.5 km of the 3+ km strike within the Radar Project's Trapper Zone [1][2][4] Drilling Program Details - Phase 1 drilling in Trapper North involved four drill holes totaling 1,073 m, targeting a strong magnetic anomaly identified in the 2025 ground geophysical survey [4][18] - Phase 2 has commenced in Trapper South, with two drill holes completed to date, totaling 445 m [1][4] - Drill holes R-0008, R-0009, and R-0010 demonstrated significant semi-massive to massive oxide mineralization, with cumulative core lengths of 156 m, 165 m, and 139.5 m respectively [2][7][8] Geological Insights - The drilling has confirmed a likely structural repetition of cumulate oxide layers, indicating a strong magnetic response [2][8] - R-0011 intersected both semi-massive to massive cumulate oxides and a separate unit of rhythmic banded oxide mineralization, further supporting the geological model [2][8] Sample and Assay Updates - The first 420 core samples from the Fall 2025 Drill Program have been shipped, with results expected within 3 to 4 weeks [9][10] - The sampling interval has been adjusted to 2.0 m based on previous assay results from the Hawkeye zone [9] Future Plans - The drilling program aims to establish a maiden mineral resource estimation with a total of 15,000 m planned [19] - The company will continue drilling in both the North and South sections of the Trapper Zone before the seasonal break, focusing on understanding grades, widths, and structures [18][14] Strategic Positioning - The Radar Project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [20][26] - SAGA Metals Corp. is focused on critical minerals that support North America's supply security, with a diverse portfolio including the Radar Titanium Project and other properties [26][29]
Search Minerals Announces Shares-for-Debt Transaction
Newsfile· 2025-12-03 12:51
Core Points - Search Minerals Inc. has entered into a Shares-for-Debt Transaction with LeadFX Inc. to settle $404,053.73 of outstanding debt by issuing 808,107 common shares at a deemed price of $0.50 per share [1][2] - The transaction aims to preserve cash and strengthen the company's balance sheet, with shares subject to a four-month hold period [2] - LeadFX Inc. is a related party, making this a related party transaction under Multilateral Instrument 61-101 [3] - The company is relying on exemptions from formal valuation and minority shareholder approval requirements as the fair market value of the shares does not exceed 25% of the company's market capitalization [4] - Completion of the transaction is subject to approval from the TSX Venture Exchange [5] Company Overview - Search Minerals focuses on exploring and developing Critical Rare Earth Elements (CREE) and transition metals such as Zirconium and Hafnium in the Port Hope Simpson - St. Lewis CREE District of South-East Labrador [5] - The company controls two deposits (Foxtrot and Deep Fox), two drill-ready prospects (Fox Meadow and Silver Fox), and several other CREE prospects along a 64-kilometer belt [5] - Additionally, Search Minerals holds CREE assets in the Red Wine CREE District, including the drill-ready Two Tom Lake CREE-Be-Nb deposit and other prospects [6]
Brixton Metals Closes Tranche 1 Of Its Private Placement
Globenewswire· 2025-12-03 12:30
Core Viewpoint - Brixton Metals Corporation has successfully completed the first tranche of a non-brokered private placement, raising total gross proceeds of approximately $5.7 million [1][2]. Group 1: Offering Details - The Offering included 30,062,500 National Flow-Through Units at $0.08 each, 37,761,989 Critical Mineral Flow-Through Units at $0.085 each, and 1,192,857 Non Flow-Through Units at $0.07 each [2]. - The total gross proceeds from the Offering amounted to $5,698,269.06 [2]. Group 2: Unit Composition - Each type of unit (FT Units, CMFT Units, and NFT Units) consists of a share and a non-transferable warrant, allowing the purchase of an additional common share at $0.10 until December 2, 2028 [3]. Group 3: Use of Proceeds - Proceeds from FT Units will be allocated to Canadian exploration expenses and flow-through mining expenditures, primarily for drilling at the Thorn Copper-Gold Project and the Langis Silver-Cobalt Project [5]. - Gross proceeds from CMFT Units will be used for flow-through critical mineral mining expenditures as defined by Canadian tax law [5]. - Proceeds from NFT Units will be utilized for general corporate purposes [5]. Group 4: Insider Participation - An insider participated in the Offering, contributing $29,999.90, which is classified as a Related Party Transaction under TSX Venture Exchange Policy [4]. Group 5: Securities Regulations - Securities issued to subscribers of FT Units and CMFT Units will be subject to a hold period until April 3, 2026, in accordance with Canadian securities laws [6]. - NFT Units offered to Canadian residents are exempt from a hold period due to the Listed Issuer Financing Exemption [7]. Group 6: Finder's Fees - Finder's fees totaling $88,246.14 and 1,051,481 non-transferable warrants were paid to individuals who introduced subscribers to the Offering [8].