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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 ...
PAN GLOBAL AWARDED LARGE, HIGHLY PROSPECTIVE MINERAL RIGHTS' BLOCK CONTIGUOUS TO ESCACENA PROJECT, SOUTHERN SPAIN
Prnewswire· 2025-10-02 17:05
Accessibility StatementSkip Navigation TSXV:Â PGZÂ |Â Â Â OTCQB: PGZFF Â |Â FRA: 2EU VANCOUVER, BC, Oct. 2, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU) is pleased to announce the award of mineral rights to three contiguous blocks adjoining the Company's 100%-owned Escacena Project ("Escacena") through a competitive public tender process. The new mineral rights expand the Company's landholding at Escacena on the Iberian Pyrite Belt by 74 ...
Mink Ventures Upsizes Previously Announced Private Placement Up To $1,000,000
Globenewswire· 2025-10-02 15:02
Core Viewpoint - Mink Ventures Corporation has increased its non-brokered private placement offering from gross proceeds of up to $500,000 to $1,000,000 due to additional investor demand [1] Offering Details - The Offering will consist of hard dollar units (HD Units) priced at $0.10 each and flow-through units (FT Units) priced at $0.13 each [1] - Each HD Unit includes one common share and one warrant, allowing the holder to acquire one common share at an exercise price of $0.20 for 36 months [2] - Each FT Unit consists of one flow-through common share and one FT warrant, with similar terms as the HD Units [3] Tax Implications - FT Shares will be issued as "flow-through shares" under the Income Tax Act (Canada), with proceeds used for eligible resource exploration expenses [4] - Qualifying expenditures will be renounced to initial purchasers of FT Units by December 31, 2025 [4] Use of Proceeds - The net proceeds from the Offering will be allocated to the exploration and advancement of the Montcalm nickel copper cobalt project and the Warren copper nickel project, as well as for general working capital [5] Closing Conditions - The Offering is subject to customary closing conditions, including approval from the TSX Venture Exchange, and may close in multiple tranches starting around October 15, 2025 [6] - Finder's fees may be paid to introducing parties, consisting of up to 8% cash and non-transferable warrants [6] Company Overview - Mink Ventures Corporation is a Canadian mineral exploration company focused on critical minerals in Ontario, with a portfolio that includes the Montcalm and Warren projects [7] - The Montcalm project is adjacent to Glencore's former Montcalm Mine, which historically produced 3.93 million tonnes of ore with grades of 1.25% Ni, 0.67% Cu, and 0.051% Co [7] - The company has 25,678,888 common shares outstanding [7]
CEO.CA's Inside the Boardroom: North Arrow Minerals- Building Momentum On Botswana's Gold Belt
Newsfile· 2025-10-02 15:01
Toronto, Ontario--(Newsfile Corp. - October 2, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with inve ...
Lithium Corporation Strengthens Rare Earths Position with Approved Claims
Accessnewswire· 2025-10-02 14:10
ELKO, NEVADA / ACCESS Newswire / October 2, 2025 / Lithium Corporation (OTCQB:LTUM) ("the Company"), a mineral exploration company committed to advancing North America's energy independence through fostering domestic critical mineral resource exploration and production, is pleased to announce field work during the 2024 and 2025 seasons discovered several discrete areas of enriched Neodymium/Dysprosium and other Rare Earth Element mineralization at its Fluorspar exploration property in southern British Colum ...
Collective Mining Increases Previously Announced Bought Deal Financing to C$125 Million
Globenewswire· 2025-10-02 13:11
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Collective Mining Ltd. (NYSE: CNL, TSX: CNL) (“Collective” or the “Company”) is pleased to announce that due to strong demand, it has increased the size of the previously announced bought deal of common shares to 6,600,000 common shares (the “Common Shares”) at a price of C$19.00 per Common Share (the “Is ...
PTX Metals Inc. Announces Second Closing of Private Placement
Newsfile· 2025-10-02 12:48
Toronto, Ontario--(Newsfile Corp. - October 2, 2025) - PTX Metals Inc. (TSXV: PTX) ("PTX" or the "Company") is pleased to announce the closing of the second tranche (with an additional closing anticipated to be completed this week) of its previously disclosed non-brokered private placement of hard dollar and flow-through units (see news releases dated September 8, 2025, September 16, 2025. September 28, 2025 and September 30, 2025). Under the second closing the Company issued (i) a total 7,023,805 flow-thr ...
Bullion Gold Confirms a Promising New Polymetallic Showing at Bodo and Identifies a Potential IOCG/SKARN-type Target
Newsfile· 2025-10-02 12:15
Core Insights - Bullion Gold Resources Corp. has confirmed the polymetallic character of the Canico showing, with significant surface sample values including up to 2.16 g/t Au, 16.60 g/t Ag, 1.21% Cu, 1.03% Zn, and 0.4% Pb [1][3] - The company plans to conduct a more detailed investigation of the Canico showing in the next exploration campaign, indicating a strong potential for in-situ mineralization discovery [4][10] - The Licé zone has been identified as a potential IOCG/SKARN-type target, characterized by a unique combination of geological and geochemical indicators, including a strong magnetic anomaly and high concentrations of phosphorus and arsenic [6][7][8] Exploration Plans - The Rivon Lake sector will be prioritized for initial exploration efforts, with a planned drill program of 2,000-3,000 meters to test mineralized structures, estimated to cost approximately $1 million [11] - The upcoming exploration campaign will focus on confirming the extent and continuity of mineralization in the Rivon Lake area, which has shown high-grade copper, silver, zinc, gold, and lead [11] Mineralization Potential - The 2025 sampling results indicate a broad and diversified mineralized environment across the Bodo project, with anomalies in copper, gold, silver, zinc, phosphate, and nickel [5] - The presence of mineralized angular erratic blocks and positive bedrock results supports the outlook for large-scale polymetallic potential in the region [3][5]
Quantum Completes Second Airborne Survey at NMX East Project in Quebec
Thenewswire· 2025-10-02 12:00
Initial Airborne Survey Confirms Magnetic Anomaly Similar to Nisk DepositVancouver, BC – TheNewswire - October 2, 2025 – Quantum Critical Metals Corp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1) ("Quantum" or the "Company") is pleased to announce that, further to the news of September 22nd, 2025 the Company has successfully completed a MAG-TDEM (magnetic-time domain electromagnetic) airborne survey on its wholly owned NMX East Property in Northern Québec.During September, Quantum completed two airborne survey ...