Mineral Exploration

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Azucar Announces TSXV Approval of Option Agreement and Management Changes
Globenewswire· 2025-10-03 11:30
Group 1 - Azucar Minerals Ltd. has received approval from the TSX Venture Exchange for an Option-Joint venture exploration agreement with Almadex Minerals Ltd., allowing Azucar to acquire a 60% interest in three of Almadex's wholly owned claims in Nevada: Pilot, Confusion Hills, and Red Ring prospect [1] - Douglas McDonald has resigned from all roles within Azucar, including Director and Executive Vice President, effective October 2, 2025, but will remain in an advisory capacity to support succession initiatives and ongoing business activities [2] - Azucar is focused on exploration for porphyry copper and gold targets in Nevada, and also holds a 100% interest in the El Cobre copper-gold porphyry project in Mexico [3]
Almadex Announces TSXV Approval of Option Agreement and Management Changes
Globenewswire· 2025-10-03 11:30
Group 1 - Almadex Minerals Ltd. has received approval from the TSX Venture Exchange for an Option-Joint venture exploration agreement with Azucar Minerals Ltd., allowing Azucar to acquire a 60% interest in three of Almadex's wholly owned claims in Nevada: Pilot, Confusion Hills, and Red Ring [1] - Douglas McDonald has resigned from all roles within the company, including Director and Executive Vice President, effective October 2, 2025, but will remain in an advisory capacity to support succession initiatives and ongoing business activities [2] - Almadex Minerals Ltd. is an exploration company with a significant mineral portfolio that includes projects and NSR royalties in Canada, the U.S., and Mexico, resulting from extensive prospecting and deal-making by its management team [3]
Copper Road Congratulates Sterling Metals Corp. and Grants Stock Options
Globenewswire· 2025-10-03 11:00
TORONTO, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Copper Road Resources Inc. (TSX-V: CRD) ("Copper Road" or the "Company") is pleased to congratulate Sterling Metals Corp. ("Sterling") on its recent press release (Stockwatch) of September 29, 2025. Sterling announced drill results of 262.5 metres of 1.05% copper equivalent. The Company reminds shareholders that it remains a significant shareholder of Sterling with an ownership of approximately 1.8 million shares. The Company also announces that it has completed a ...
Awalé Announces 100,000-Metre Drill Program at Odienné
Newsfile· 2025-10-03 11:00
HIGHLIGHTS12,000-metre discovery drill program on 100%-owned permits with C$15 million cash on hand.Up to 88,000-metre discovery and resource definition drill program on the Odienné East JV permit throughout 2025-2026.Drilling begins October 2025, targeting first Mineral Resource Estimate in 2026.Toronto, Ontario--(Newsfile Corp. - October 3, 2025) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to announce a proposed program of up to 100,000 metres o ...
Electrum Discovery Closes Over Subscribed Private Placement
Thenewswire· 2025-10-03 06:00
Core Viewpoint - Electrum Discovery Corp. has successfully closed an over-subscribed private placement, raising total gross proceeds of $1,608,077, which will be utilized to advance its gold and copper projects in Serbia [1][2]. Financing Details - The private placement involved the issuance of 22,972,527 units at a price of $0.07 per unit, with each unit comprising one common share and one common share purchase warrant [2]. - Each warrant allows the holder to purchase an additional common share at an exercise price of $0.15 for a period of two years [2]. - Finder's fees amounted to $12,246 in cash and 365,004 finder's warrants [3]. Use of Proceeds - Proceeds from the private placement will be directed towards infill and expansion drilling at the Novo Tlamino project and accelerating drill targeting at the Timok East project, along with general working capital and corporate purposes [5]. Company Overview - Electrum Discovery Corp. is a Canadian growth-oriented company focused on increasing shareholder value through its projects: gold-silver Novo Tlamino and copper-gold Timok East, located in the Western Tethyan Belt in Serbia [6]. - The company aims to maximize the value of its mineral projects while promoting sustainability and governance in the region [7].
First Tellurium Grants Options
Thenewswire· 2025-10-02 23:00
Group 1 - First Tellurium Corp. has granted incentive stock options to eligible consultants to purchase up to 700,000 common shares at a price of $0.20 per share for a period of ten years [1] - The options will have a hold period expiring on February 3, 2026, in accordance with CSE policies and applicable securities laws [1] - First Tellurium's business model focuses on generating revenue through mineral discovery, project development, and tellurium-based technologies [2] Group 2 - First Tellurium is listed on the Canadian Securities Exchange under the symbol "FTEL" and on the OTC under the symbol "FSTTF" [2] - The company provides further information about its projects on its official website [2]
Mirasol Resources Announces Private Placement Financing
Globenewswire· 2025-10-02 21:48
Core Points - Mirasol Resources Ltd. is arranging a non-brokered private placement financing of up to 6,666,667 Units at a price of $0.45 per Unit, aiming for aggregate gross proceeds of $3.0 million [1] - Each Unit consists of one common share and one-half of a non-transferable common share purchase warrant, with each whole Warrant allowing the purchase of an additional common share at $0.60 for twelve months [1] - The net proceeds will be utilized to expand exploration programs and for general corporate purposes, with potential finders' fees applicable [2] Company Overview - Mirasol Resources Ltd. has over 20 years of experience in operating, permitting, and community relations in mineral-rich regions of Chile and Argentina [3] - The company is currently self-funding exploration at the Sobek Copper-Gold project in the Vicuña Copper-Gold-Silver District of northeast Chile and is advancing a strong pipeline of early and mid-stage projects [3]
Transition Metals Corp. Closes Previously Announced Private Placement
Newsfile· 2025-10-02 21:22
Sudbury, Ontario--(Newsfile Corp. - October 2, 2025) - Transition Metals Corp. (TSXV: XTM) ("Transition" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Offering"). The Offering consisted of 10,108,439 critical flow through shares ("CFT Shares") at a price of $0.075 per CFT Share for aggregate proceeds of $758,133.A finder's fee was paid in connection with the Offering to finders that included Haywood Securities Inc., Castlewood Capi ...
Lithium Corp Rockets 290% After Rare Earth Discovery—Could It Be Trump’s Next Mineral Gambit? - Lithium (OTC:LTUM)
Benzinga· 2025-10-02 18:14
Core Insights - Lithium Corp (LTUM) has made a significant discovery of enriched deposits of neodymium, dysprosium, and other rare earth elements at its fluorspar project in British Columbia, resulting in a 290% increase in share price in one trading session [1][6] - The timing of this discovery aligns with recent U.S. government investments in securing critical mineral supply chains, raising speculation about which junior miners could benefit next [2][5] Company Developments - The discovery covers over 5,700 acres of claims, prompting management to realign claim blocks for optimal coverage and initiate fieldwork to identify bedrock sources [3] - The essential nature of neodymium and dysprosium for high-performance electric vehicle motors and defense applications positions LTUM strategically within the market [3][4] Market Context - The market is currently in need of new supply stories for critical minerals, and LTUM's strong cash position relative to its debt provides it with the ability to advance exploration efforts without significant dilution [5] - The surge in LTUM's stock price reflects a rapid shift in investor sentiment towards junior explorers involved in critical minerals, especially in light of the U.S. administration's focus on domestic supply security [6]
Lithium Corp Rockets 290% After Rare Earth Discovery—Could It Be Trump's Next Mineral Gambit?
Benzinga· 2025-10-02 18:14
Lithium Corp (OTCPK: LTUM), a micro-cap explorer worth just $5 million, just made the kind of discovery that turns heads in Washington. The company announced enriched deposits of neodymium, dysprosium, and other rare earth elements at its fluorspar project in British Columbia — sending shares up a staggering 290% in a single session on Thursday (as of 1:30 PM ET).Track LTUM stock here.From Tiny Explorer To Strategic SpeculationThe timing is uncanny. Just months after the Trump administration pumped $650 mil ...