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Metals Creek Receives 1st Anniversary Payment for the Yellow Fox Property from Lomiko Metals and Adds Claims to Agreement
TMX Newsfile· 2026-02-10 13:01
Thunder Bay, Ontario--(Newsfile Corp. - February 10, 2026) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce that further to its agreement with Lomiko Metals Inc. ("Lomiko") (see news release dated 22 January 2025) in regards to the Yellow Fox Property, the Company will be receiving the first anniversary payment of $23,125 and 889,423 shares of Lomiko Metals Inc. at a deemed price of $0.13 per share subject exchange approval. Lomiko has also paid ...
Tartisan Nickel Corp. Acquires Additional Nickel-Copper Claims at Turtle Pond, Northwestern Ontario
TMX Newsfile· 2026-02-10 13:00
Core Viewpoint - Tartisan Nickel Corp. has acquired eleven additional claims in the Turtle Pond Area, enhancing its property portfolio and supporting its objective of developing the Kenbridge Nickel-Copper-Cobalt Project into an operating mine with a central milling facility [1][7]. Property Acquisition - The total property package now consists of 161 claims covering 3,375 hectares, fully owned by Tartisan's subsidiary Canadian Arrow Mines Limited [2]. - The newly acquired claims are located approximately 40 kilometers south of Dryden, Ontario, and 70 kilometers east of the Kenbridge project [1]. Historical Exploration and Mineralization - Previous exploration identified nickel-copper sulphide mineralization in twelve trenches along a 700-meter trend at the Glatz nickel-copper showing, with historical grab samples containing up to 1.95% Ni [3]. - In 2007, surface grab sampling produced results of 1.28% Ni and 0.26% Cu from Glatz Trench 3, and 0.39% Ni and 4.06% Cu from Trench 4 [3]. - A nickel-copper-PGE discovery on the Double E airborne VTEM anomaly was identified in 2008, with drill hole EE-09-02 intersecting 4.2 meters of 0.81% Ni and 0.52% Cu [4]. Recent Geophysical Survey - A TDEM Geophysical survey was conducted from November 28 to December 21, 2024, to determine drill targets and potential future exploration work on the Turtle Pond Project [6]. Future Exploration Plans - The company plans to formulate an exploration program consisting of surface sampling and potentially diamond drilling for 2026-27 [7].
Pan American Energy 2026 Winter Drill Program Update
Globenewswire· 2026-02-10 13:00
Core Viewpoint - Pan American Energy Corp. is set to initiate a winter 2026 diamond drilling program at its Tharsis Project in the Northwest Territories, Canada, aimed at validating high-priority targets for rare earth elements, niobium, and yttrium [1][2][8] Group 1: Drilling Program Details - The upcoming drill program will be the first to directly test subsurface targets at Tharsis, focusing on high-priority areas interpreted as potential carbonatite bodies [2][4] - The program is scheduled for March-April 2026 and will involve approximately 1,500 meters of diamond drilling across up to seven drillholes from three drill pads on Squalus Lake [4][5] - The primary objective is to confirm the presence of potential carbonatite and related intrusive phases, assessing their thickness, distribution, and geological characteristics [5][6] Group 2: Strategic Importance of Targeted Minerals - Yttrium is included in the U.S. Geological Survey's Critical Minerals List for 2025 and 2026 due to its significance in defense, aerospace, and energy sectors, with supply chains heavily concentrated in China [3] - Niobium is also strategically important for high-strength steels and superalloys, facing similar supply risks that necessitate expanded North American production [3] Group 3: Exploration and Future Planning - The drill program aims to generate high-quality drill core for modern analytical work, which will inform follow-on exploration planning and target refinement [7] - The drilling will be supported by a well-developed magnetic framework, prioritizing the northern intrusive center as a high-confidence initial test of the broader system [6]
Nine Mile Metals Intersects 44 Meters of Copper Mineralization and Provides Drill Program Update
TMX Newsfile· 2026-02-10 13:00
Core Insights - Nine Mile Metals Ltd. has successfully completed its 2025 drill program at the Wedge Project, with all five drill holes targeting copper mineralization intersecting significant VMS (Cu, Pb, Zn, Ag, Au) mineralization [1][9][10] Drill Hole Details - Drill hole WD-25-05 intersected massive VMS mineralization between 155.52 - 157.80 meters, followed by 40 meters of mineralized felsic volcanics from 157.80 to 197.80 meters [7][10] - The program included a total of 7 drill holes, totaling 1,654 meters, with five holes specifically targeting copper mineralization in the western extension of the Wedge Mine [8][9] Geological Observations - The mineralization consisted of abundant pyrite and lesser chalcopyrite, sphalerite, and galena, with local occurrences of covellite and bornite identified in some drill holes [11][12] - The western extension shows a different metal zonation compared to the eastern drill holes, with a higher concentration of chalcopyrite and pyrite [12][18] Future Plans - The company has identified new drill collar locations for further testing of the Copper Zone in the western extension and is preparing for a 2026 drilling campaign, including the West Wedge and Tribag Target Trend programs [5][12] - BHEM surveys are planned to assist in modeling the deposit and targeting additional drilling [5][9] Company Overview - Nine Mile Metals Ltd. is focused on VMS exploration in the Bathurst Mining Camp, New Brunswick, with a strategic emphasis on critical minerals required for EV and green technologies [16]
Cordoba Minerals Amends Agreement for the Sale of the Remaining Interest in the Alacran Project
TMX Newsfile· 2026-02-10 12:30
Core Viewpoint - Cordoba Minerals Corp. has amended its agreement with Veritas Resources AG and a consortium led by JCHX Mining Management Co., Ltd. to sell its remaining 50% interest in the Alacrán Project for an increased cash payment of US$128 million, with the transaction expected to close by March 10, 2026 [1][2][4]. Transaction Details - The closing payment has been increased from US$88 million to US$128 million, to be paid in a lump sum upon closing [2]. - The transaction is now anticipated to close no later than March 10, 2026, with certain conditions waived, including the approval of the Environmental Impact Assessment [3][4]. - A reduction in the number of consortium members requires new formal approval from JCHX shareholders by the same date [3]. Financial Arrangements - An affiliate of JCHX will provide a bridge loan of US$2 million to the joint venture entity holding the Alacrán Project, with a simple interest rate of 10% for the first six months, increasing to 12% thereafter [5]. - The bridge loan is intended to support the advancement of the Alacrán Project and general corporate purposes while awaiting the transaction's closing [5]. Shareholder Distribution Update - Following the closing, Cordoba plans to increase the cash distribution to shareholders, retaining US$10 million for corporate purposes and distributing the net amount from the US$128 million after settling liabilities [7]. - The distribution remains subject to approval from the TSX Venture Exchange [7]. Company Overview - Cordoba Minerals Corp. is focused on the exploration, development, and acquisition of copper and gold projects, including the Alacrán Project in Colombia and a 51% interest in the Perseverance Copper Project in Arizona, USA [9].
Metalsource Mining Announces $7.5 Million Private Placement
TMX Newsfile· 2026-02-10 12:30
Group 1 - Metalsource Mining Inc. announced a non-brokered private placement financing of up to 10,050,000 units at a price of $0.75 per unit, aiming for gross proceeds of up to $7,537,500 [1] - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of one additional common share at $1.00 for three years [2] - The offering is subject to regulatory approvals, including from the Canadian Securities Exchange, and all securities will be subject to statutory hold periods [3] Group 2 - Metalsource Mining Inc. is a Canadian mineral exploration company focused on advancing high-potential mineral assets through systematic exploration and value-driven discovery [4]
Fancamp Announces Leadership Appointments to Goldera Exploration Ltd. as part of Corporate Reorganization
Globenewswire· 2026-02-10 12:30
Core Viewpoint - Fancamp Exploration Ltd. is spinning out its exploration assets into a newly formed subsidiary, Goldera Exploration Ltd., with plans to list Goldera on the TSX Venture Exchange to enhance focus and market recognition [1][7]. Leadership Team - Goldera's Board consists of four members: Rajesh Sharma, Charles Tarnocai, Mark Billings, and Mathieu Stephens [2]. - Key management appointments include Rajesh Sharma as Executive Chairman, Charles Tarnocai as CEO, Arnab De as CFO, Debra J. Chapman as Corporate Secretary, François Auclair as VP Exploration, and Paul Ténière as VP Corporate Development [2]. Management Expertise - Rajesh Sharma emphasizes that the formation of Goldera is crucial for unlocking the value of the exploration portfolio, supported by a leadership team with geological, technical, operational, governance, and capital markets expertise [3]. - Charles Tarnocai has extensive experience in mineral exploration and project development, previously serving as Director of GT Gold Corp and Vice President at Alamos Gold Inc. [3]. - François Auclair brings over 35 years of international experience in exploration and development, having held leadership roles in both major and junior mining companies [4]. - Paul Ténière has over 25 years of global experience in mining, with expertise in exploration, project development, and compliance with reporting standards [5]. Strategic Intent - The spin-out aims to create an independent, publicly traded company to advance Fancamp's exploration portfolio, enhancing shareholder value and providing distinct growth platforms [7]. - The spin-out transaction is on track for completion in Q2-2026, with confidence in the leadership team's ability to drive exploration and discovery potential [7]. Company Overview - Fancamp Exploration Ltd. focuses on medium-term growth and monetization opportunities in high-potential mineral projects, including copper, gold, zinc, titanium, and rare-earth metals [8][9]. - The company holds significant interests in various projects, including a 96% stake in Magpie Mines Inc., which owns a major undeveloped titanium deposit [9].
Honey Badger Newly Identifies Important Indium, Tungsten, Bismuth, and Copper Mineralization in Addition to Known Silver, Lead & Zinc at the Hy Project, Yukon
TMX Newsfile· 2026-02-10 12:15
Core Insights - Honey Badger Silver Inc. has identified additional critical minerals potential at its 100%-owned Hy project in Yukon, including high values of indium, bismuth, copper, and tungsten across several zones [1][2][3] Company Overview - Honey Badger Silver Inc. is focused on developing a domestic supply chain for critical minerals in Canada, leveraging assay data from its properties, particularly the Hy project [2] - The company has six other 100%-owned, silver-rich properties, with three being more advanced and containing historic established mineral resources totaling approximately 150 million AgEq ounces [2] Hy Project Details - The Hy project covers a 7,160 ha land package located approximately 150 km north of Watson Lake, Yukon, and is road-accessible [3] - The property hosts several zones of high-grade silver-lead-zinc skarn mineralization, with historic drill intercepts showing significant mineralization [3] - Exploration efforts have focused on identifying new targets and developing the geological model, resulting in the discovery of new breccia-hosted and fracture-controlled targets [3] Critical Minerals Potential - The Hy project has revealed high-grade values of critical minerals, including up to 179.5 ppm indium, bismuth exceeding 1.0%, 0.27% tungsten oxide, and up to 171 ppm tellurium [5] - These minerals are essential for semiconductors, advanced alloys, renewable energy technologies, and high-performance electronics, enhancing the strategic value of the Hy project [5] Future Exploration Plans - Future work at the Hy project will continue to focus on silver potential while also exploring the newly identified critical minerals [10] - Areas with concentrated critical minerals, such as the SilverTung and Miko zones, will be prioritized for future exploration efforts [10]
Neotech Metals Releases VR Resourses Shares from Escrow, Receives Funds from Warrant Exercise
TMX Newsfile· 2026-02-10 09:00
Vancouver, British Columbia,--(Newsfile Corp. - February 10, 2026) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or "the Company") announces that it has amended the escrow terms set out in the letter of intent ("LOI") dated February 12, 2024 between the Company and VR Resources Ltd. ("VR"), with respect to the Hecla-Kilmer ("H/K") property, such that all shares issued to VR pursuant to the LOI that were subject to the previous contractual escrow will now be released from escrow a ...
New Earth Resources Announces Plans for Lake Bottom Sediment Sampling Survey on its SL Rare Earth Elements Project
Globenewswire· 2026-02-10 08:05
Core Viewpoint - New Earth Resources Corp. has initiated planning for a lake bottom sediment sampling program at its SL Project in Quebec, aimed at evaluating the potential for rare earth elements (REE) and generating regional data for future exploration targeting [1][6]. Group 1: Project Overview - The SL Project consists of 23 claims covering approximately 1,102 hectares, with the company holding an option to acquire a 100% interest [8][15]. - The project is located in the Southeastern Churchill Province, characterized by alkaline to calc-alkaline rocks, which are known for their REE endowments, particularly in the nearby Strange Lake REE district [8][9]. Group 2: Sampling Program Details - Approximately 85% of the SL Project area is covered by a lake, necessitating a regional lake bottom sediment sampling program to identify potential subsurface REE mineral occurrences [2]. - The sampling will utilize a systematic grid pattern with a nominal density of 10-15 samples per square kilometer, adaptable based on specific targets or lake availability [3]. - The campaign is scheduled for late winter to early spring (February to April), leveraging ice cover for safe and cost-effective access while minimizing environmental disturbance [4]. Group 3: Objectives and Benefits - The sediment sampling program aims to provide a rapid, cost-effective, and comprehensive regional geochemical assessment, allowing the company to delineate high-potential REE targets and optimize future exploration expenditures [5]. - The initiative represents an application of advanced exploration techniques to better understand the project's geology and generate detailed regional data for future targeting [6].