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Argo's December Oil Production
TMX Newsfile· 2026-02-12 12:00
Core Insights - Argo Gold Inc. reported an oil production of 2,076 barrels in December 2025, averaging 67 barrels per day, with oil prices averaging CAD$54 per barrel [1] - The company's total oil revenue for December 2025 was CAD$112,655, and the net operating cash flow was CAD$68,646 [1] Production Details - Lindbergh 1 (37.5% interest) produced 74 barrels per day, contributing CAD$47,006 to revenue and CAD$30,803 to net operating cash flow [1] - Lloyd 1 (18.75% interest) produced 71 barrels per day, contributing CAD$22,672 to revenue and CAD$13,531 to net operating cash flow [1] - Lindbergh 2 (37.5% interest) produced 39 barrels per day, contributing CAD$23,130 to revenue and CAD$12,776 to net operating cash flow [1] - Lindbergh 3 (18.75% interest) produced 59 barrels per day, contributing CAD$19,847 to revenue and CAD$11,536 to net operating cash flow [1] Company Overview - Argo Gold is a Canadian mineral exploration and development company, also involved in oil production [2]
Grafton Resources Starts Heliborne Mobile MT Geophysical Survey at Alicahue Gold-Copper Project, Chile
Thenewswire· 2026-02-12 12:00
Core Viewpoint - Grafton Resources Inc. has initiated an 80 line-kilometre MobileMT heliborne survey at the Alicahue Gold-Copper Project in Chile, with results expected in March 2026 [1] Group 1: Survey Details - The MobileMT technology will help identify subsurface geological structures and mineral systems, providing insights up to a depth of approximately 1 km to 2 km [2] - The survey aims to create a three-dimensional image of the Alicahue Project area, potentially tracing a porphyry centre and IOCG vein systems [3] Group 2: Company Overview - Grafton Resources is a Canadian exploration company focused on mineral asset discovery and development in the Americas, emphasizing responsible exploration and community partnerships [4]
New Earth Resources Applies for Additional State Lease Lands Adjacent to Past-Producing Lucky Boy Uranium Project
Globenewswire· 2026-02-12 08:05
Core Viewpoint - New Earth Resources Corp. has submitted an application for approximately 268 acres of additional state mineral lease land adjacent to its Lucky Boy Uranium Project, which could nearly double its current land position in the area [1][2][4]. Group 1: Land Acquisition - The applied-for acreage is strategically located next to the existing project area, enhancing the company's land position within the Lucky Boy area [2][3]. - Securing additional state lease ground is expected to strengthen the overall property position and support long-term planning for the project [2][4]. - The expansion is viewed as a logical extension of the company's existing land position, providing greater flexibility for future exploration activities [4]. Group 2: Financial Developments - In 2026, the company has raised aggregate gross proceeds of $749,750 through the issuance of 5,998,000 shares via exercises of previously issued share purchase warrants, with proceeds intended for general working capital [5]. Group 3: Company Overview - New Earth Resources Corp. is a Canadian mineral exploration company focused on acquiring and developing advanced and early-stage exploration projects, with its flagship being the 100% owned Lucky Boy Uranium Property in Arizona, which spans approximately 273 acres [6]. - The company also holds options to acquire interests in additional projects, including rare earth element claims in Quebec and Labrador [7].
Hi-View Resources Inc. Announces Shannon Broughm To The Technical Advisory Board
Thenewswire· 2026-02-12 08:01
Core Insights - Hi-View Resources Inc. has appointed Ms. Shannon Broughm as a Technical Advisor to enhance its exploration efforts in the Toodoggone Region [1][4] Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company on the Canadian Securities Exchange, focusing on gold, silver, and copper assets in the Toodoggone region of northern British Columbia [6] - The company's portfolio includes over 27,791 hectares of projects, with key assets such as the Golden Stranger Project, Lawyers claims, and Borealis Project, all identified as high-priority targets [6] Appointment Details - Ms. Broughm is a Senior Consultant with APEX Geoscience Ltd., holding a B.Sc. and M.Sc. in Geology, specializing in Geochemistry and Economic Geology [2] - She has nine years of experience in mineral exploration, particularly in managing programs targeting base and precious metals, with a focus on porphyry–epithermal systems [4] - Her expertise includes extensive work in the Toodoggone region since 2018, where she has developed strong technical knowledge in geology and effective exploration techniques [4]
Prismo Metals Advances to Drilling at Historic Silver King Silver Project with Permit Approval and Contractor Engagement
Thenewswire· 2026-02-12 08:00
Core Viewpoint - Prismo Metals Inc. has received formal permit approval from the U.S. Forest Service to initiate a fully funded drill program at the historic Silver King Mine project in Arizona's Copper Belt, marking a significant milestone for the company [1][4]. Drilling Program Details - The approved permit allows drilling from multiple pads to test the upper part of the Silver King mineralized body, which has been mined to a depth of approximately 300 meters [2][6]. - The initial phase of the drilling program will consist of 1,000 meters of diamond drilling, focusing on the upper portion of the steeply plunging mineralized body [4][6]. - Mobilization to the Silver King Project is scheduled for February 20th, 2026, with preparatory site work and access improvements to follow [3][4]. Exploration Potential - The drilling program aims to evaluate the significant exploration potential of the Silver King system, which has historically produced high-grade silver and base metals [4][9]. - Additional high-priority targets identified through recent exploration work may also be tested during the planned drilling [3][4]. Contractor Engagement - Prismo has engaged Godbe Drilling LLC, a reputable contractor with extensive experience in Arizona, to conduct the Phase 1 drilling program [7]. Historical Context - The Silver King mine, discovered in 1875, is one of Arizona's most significant historic silver producers, with nearly six million ounces of silver produced at average grades ranging from approximately 61 to 21 ounces per ton during early production [9]. - Limited small-scale mining in the late 1990s yielded samples with exceptionally high silver and associated gold values, indicating that high-grade mineralization remains within the system [9].
Casa Minerals Inc Announces Closing of Oversubscribed Private Placement, and Retains European Marketing Firm for Investor Awareness Services
TMX Newsfile· 2026-02-11 23:08
Core Viewpoint - Casa Minerals Inc. has successfully closed the final tranche of its non-brokered private placement, raising a total of $944,000 through the issuance of 7,552,000 units, which will be used for general administration and project development activities in Arizona and British Columbia [1][4]. Group 1: Private Placement Details - The final tranche consisted of 2,635,000 units priced at $0.125 per unit, generating gross proceeds of $329,375 [1]. - Each unit includes one common share and one common share purchase warrant, with the warrants allowing the purchase of additional shares at a strike price of $0.15 for the first three months, increasing to $0.20 thereafter for two years [2]. - A Finder's Fee of $18,450 was paid to registered financial institutions for this tranche [3]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for general administration, exploration, and development activities on the Company's projects located in Arizona and British Columbia [4]. Group 3: Marketing Agreement - Casa Minerals has entered into a digital marketing agreement with BorsenBlick to enhance investor awareness and brand visibility, with a budget of 80,500 Canadian Dollars per month for two months [6][7]. - The Company retains the option to extend or renew the marketing campaign after the initial period [7]. Group 4: Company Overview - Casa Minerals Inc. is focused on the acquisition, exploration, and development of mineral properties in Canada and the USA, holding a 90% interest in the Congress gold mine in Arizona and a 100% interest in the Pitman polymetallic property in British Columbia [8].
Maxus Mining Highlights Strong Polymetallic Results at the Alturas West Property in British Columbia, Canada
Globenewswire· 2026-02-11 13:00
Core Insights - Maxus Mining Inc. has reported promising results from its 2025 field program at the Alturas West Property, indicating a strong polymetallic mineralization system with significant antimony and high-grade silver [3][5][10] Group 1: Exploration Results - The 2025 field program highlights the polymetallic signature of the Alturas West Project, with notable assay results including 430 g/t silver, 1,410 ppm antimony, and other valuable metals [5][8] - Sample G018729, taken from a mineralized mine dump, showed elevated levels of silver (430 g/t), copper (0.35%), lead (0.16%), zinc (0.34%), and antimony (1,410 ppm), indicating a well-developed mineralization signature [8][10] - The presence of antimony alongside silver, copper, lead, and zinc supports the interpretation of a focused, structurally controlled mineralizing system [3][10] Group 2: Strategic Location and Historical Context - The Alturas West Project is strategically located in the Slocan Mining District, which has a rich history of mining and provides access to existing infrastructure, facilitating exploration activities [5][6] - Historical assessment reports and previous exploration programs have identified favorable geology and targets for potential mineralization, which have been integrated into the current exploration strategy [6][10] Group 3: Future Exploration Plans - The results from the 2025 program suggest that future exploration should focus on detailed structural mapping and targeted sampling along known structural trends, particularly in the east-west shear zone [10] - The company believes that the integration of new findings with historical data will reveal clear upside potential and meaningful follow-up opportunities as exploration progresses [3][10]
New Age Metals Expands Its PGM-NI-CU Portfolio With Strategic Lac Des Iles Acquisition In Northwestern Ontario
Thenewswire· 2026-02-11 12:15
Core Viewpoint - New Age Metals Inc. has acquired the Platreef PGM Project, enhancing its position in the platinum group metals sector and aligning with Canada's Critical Minerals Strategy [1][3][4]. Company Overview - New Age Metals is a junior mineral exploration and development company focused on critical green metal projects in North America, with divisions in Platinum Group Elements, Lithium/Rare Metals, and Antimony-Gold [14][15]. Acquisition Details - The Platreef PGM Project consists of 834 mining claims covering approximately 16,680 hectares (about 41,200 acres) in Northwestern Ontario, located within the Lac des Îles Igneous Complex [5][7]. - The project is strategically positioned near Canada's only primary palladium mine, operated by Impala Canada Ltd., which has proven and probable mineral reserves of 40.9 million tonnes grading 2.31 g/t Pd [10]. Strategic Importance - The acquisition strengthens the company's PGM Division and enhances its strategic footprint in a well-established mining district with robust infrastructure and year-round exploration potential, approximately 80 km from Thunder Bay [2][5]. - The project aligns with the Government of Canada's recognition of platinum group metals as critical minerals essential for emissions control technologies and clean energy systems [3]. Exploration Potential - The geological setting of the Platreef PGM Project is interpreted to be prospective for intrusion-hosted PGM-Ni-Cu mineralization, supported by historical exploration data indicating the presence of magnetite-bearing gabbroic intrusions and sulphide-bearing zones [8][11]. - Historical exploration has identified multiple untested or underexplored intrusive and geophysical targets across the property [5][8]. Community Engagement - The company plans to engage and consult with local First Nations, adhering to its policy of meaningful collaboration with Indigenous communities [5]. Future Plans - New Age Metals intends to advance the Platreef PGM Project through a phased exploration program aimed at refining geological understanding and defining priority targets for potential drill testing [11].
White Gold Corp. Announces Spin-Out to Create a Yukon Focused Publicly Listed Critical Minerals Exploration Company
Accessnewswire· 2026-02-11 12:00
Core Viewpoint - White Gold Corp. has initiated a spin-out transaction to create a new exploration company focused on critical minerals in Yukon, aimed at unlocking the value of its non-gold project portfolio [1] Group 1: Spin-Out Transaction - The spin-out will transfer White Gold's portfolio of copper, molybdenum, tungsten, and other critical mineral properties located in west-central Yukon into a standalone vehicle [1] - Shares of the new company, referred to as SpinCo, will be distributed to existing shareholders of White Gold [1]
Medaro Mining Corp. Highlights Positive Mining Outlook for Critical Minerals in the EU
TMX Newsfile· 2026-02-11 11:00
Core Viewpoint - Medaro Mining Corp. has entered the Swedish market by staking approximately 1,130 hectares of mineral tenure in the Riddarhyttan-Bastnäs area, capitalizing on Sweden's favorable exploration environment and the European Union's focus on critical raw materials [1][2][3]. Industry Overview - Sweden is becoming increasingly important in Europe's critical minerals supply chain, supported by the EU Critical Raw Materials Act (CRMA), which aims to enhance domestic extraction and processing capabilities while reducing permitting times for strategic projects [3]. - The CRMA sets specific targets for permitting timelines, including 27 months for extraction permits and 15 months for processing/recycling permits, which are designed to facilitate the development of critical mineral projects [3]. - Sweden's commitment to sustainable mining practices is highlighted by its membership in the Sustainable Critical Mineral Alliance, emphasizing high environmental, social, and governance standards [3]. Company Overview - Medaro's staking package consists of two exploration permit applications totaling 1,131 hectares, located in a historically significant mining region known for various mineral occurrences [4]. - The company is focused on exploring multiple mineralization styles, including iron-oxide copper-gold (IOCG), volcanogenic massive sulfide (VMS), and rare earth elements (REE) [4]. - Medaro aims to leverage modern exploration techniques to advance its projects in Sweden, Ontario, and Quebec, positioning itself to benefit from the growing demand for critical minerals [5].