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Palamina Identifies Strong Copper Anomaly at the Galena Silver Copper Manganese Project
Newsfile· 2025-12-01 13:30
Palamina Identifies Strong Copper Anomaly at the Galena Silver Copper Manganese ProjectDecember 01, 2025 8:30 AM EST | Source: Palamina Corp.Toronto, Ontario--(Newsfile Corp. - December 1, 2025) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has collected and analyzed an additional 920 soil and subcrop samples at its 100% owned Galena Silver Copper Manganese project in southeastern Peru. Samples were analyzed using a portable handheld X-ray Fluorescence ("XRF") unit. Highlights:920 additional soil ...
Kirkstone Metals Engages Hong Kong-Based Sidley Austin to Support Proposed HKEX Secondary Listing
Thenewswire· 2025-12-01 13:05
December 1st, 2025 – TheNewswire - Vancouver, BC, Canada – Kirkstone Metals Corp. (the “Company” or “Kirkstone”) (TSXV: KSM, FWB:VO0) is pleased to announce that it has retained the services of the Hong Kong office of the international law firm Sidley Austin LLP (“Sidley Austin”) to assist the Company in pursuing a potential secondary listing on the Hong Kong Stock Exchange (“HKEX”).Under the engagement, Sidley Austin will provide legal and regulatory advisory services necessary to support Kirkstone’s appl ...
MAX Power Accelerates CEO Transition as Lawson Enters Next Phase of Natural Hydrogen Testing
Globenewswire· 2025-12-01 13:00
Accelerated start for Ran Narayanasamy as CEO aligns with service rig mobilization at Lawson, multi-well follow-up at Bracken and continued buildout of AI-assisted Large Earth Model Integration (MAXX LEMI) with unparalleled data for Natural Hydrogen covering millions of acres in SaskatchewanNEW Video: Lawson – Canada’s First Big Step into Natural Hydrogenhttps://www.youtube.com/watch?v=lTTOwMxz_zo SASKATOON, Saskatchewan, Dec. 01, 2025 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANK ...
Riverside Resources Announces Closing of Non-Brokered Private Placement for $3.7 Million
Newsfile· 2025-12-01 13:00
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY0) ("Riverside" or the "Company"), is pleased to announce that it has completed the closing of a non-brokered private placement (the "Offering"). This investment was accomplished with strategic investors, many of whom have previously supported Riverside in the past and further strengthens the Company's shareholder base and positions it for continued growth and future transactions. ...
Fancamp Announces Spin-Out of Mineral Exploration Assets and Creation of Goldera Exploration
Globenewswire· 2025-12-01 13:00
Core Viewpoint - Fancamp Exploration Ltd. has announced a strategic reorganization through a Spin Out of its core exploration assets into a new company, Goldera Exploration Ltd., aimed at unlocking value and enhancing market recognition for shareholders [1][2][3] Summary by Sections Spin Out Details - The Spin Out will transfer all core exploration assets to Goldera, with shareholders receiving shares in Goldera proportional to their holdings in Fancamp, without altering their existing interests in Fancamp [1][4] - The Spin Out is designed to create two distinct growth platforms, allowing for focused capital attraction and new investor interest [2][3] Corporate Structure Post-Spin Out - Post-Spin Out, Fancamp will retain all marketable securities, financial instruments, and royalties, consolidating them into a cash-flow-oriented entity focused on growth and strategic acquisitions [8][10] - Goldera will focus solely on exploration, holding significant projects such as the Egan Gold Project and the Acadian Gold Joint Venture, which are located in high-potential mineral regions [6][9] Financial Aspects - Goldera is expected to be fully funded through a concurrent non-brokered private placement to support work programs and general working capital [3] - Fancamp's existing portfolio includes over $20 million in marketable securities and a $34.5 million secured convertible note, generating significant annual income [10] Regulatory and Approval Process - The Spin Out requires approval from the Supreme Court of British Columbia and a two-thirds majority vote from Fancamp shareholders at a forthcoming meeting [4][11] - Fancamp plans to apply for a listing of Goldera on the TSX Venture Exchange and to update its own listing status from a Mining Issuer to an Investment Issuer [4][11] Future Outlook - The completion of the Spin Out and related transactions is anticipated around Spring 2026, subject to customary conditions and approvals [11][12] - The reorganization aims to ensure that shareholders benefit from both the stable growth of Fancamp's investment portfolio and the exploration potential of Goldera [5][11]
Maxus Mining Identifies Multiple Zones of High-Grade Mineralization from 2025 Surface Program at Alturas East
Globenewswire· 2025-12-01 13:00
Core Insights - Maxus Mining Inc. has confirmed widespread high-grade polymetallic mineralization across the Alturas East Project, indicating significant exploration potential in the Slocan Mining Division of British Columbia [1][3][4] Exploration Highlights - The 2025 exploration program revealed a 500-meter mineralized veining corridor along the Gold Quartz Ridge, with notable assay results including 18.20 g/t gold, 131.00 g/t silver, and 0.23% copper [4][15] - Multiple stratigraphic horizons and vein systems were identified, showcasing a robust, multi-phase mineralizing system comparable to historic producers in the region [4][11] - Outcrop sampling indicated strong multi-commodity potential with elevated values of gold, silver, nickel, lead, titanium, and zinc across various target areas [4][11] Specific Target Areas - **Olympus East**: Strong silver-lead-zinc values were confirmed, with sample G018669 returning 9.40 g/t Ag, 0.26% Pb, and 0.99% Zn, indicating a proximal mineral source [11][14] - **Olympus West**: Elevated nickel-silver-zinc values were noted, with sample G018671 showing 2050 ppm Ni, suggesting multiple mineralizing events [12][14] - **Gold Quartz Ridge**: This area returned some of the strongest polymetallic values, with historic waste pile samples yielding results such as 18.20 g/t Au and 131 g/t Ag, indicating significant mineralization potential [15][16] Geological Context - The Alturas East Block is strategically located near the past-producing Highland Surprise Mine, characterized by polymetallic veins containing gold, silver, lead, zinc, and copper [5][6] - The property has not undergone systematic modern exploration since the 1970s, presenting significant exploration upside [6][10] Company Overview - Maxus Mining Inc. is focused on locating and advancing economic mineral properties in premier jurisdictions, with a diversified portfolio totaling approximately 15,098 hectares across British Columbia [25][26]
Mercado Minerals Closes Private Placement and Welcomes Vizsla Silver as a Strategic Shareholder
Thenewswire· 2025-12-01 12:30
Core Viewpoint - Mercado Minerals Ltd. has successfully closed a non-brokered private placement financing, raising gross proceeds of C$5,598,000 through the issuance of 27,990,000 units at a price of C$0.20 per unit, with participation from Vizsla Silver Corp [1][2]. Group 1: Financing Details - The Offering consisted of 27,990,000 units, each unit comprising one common share and one half of a common share purchase warrant, with warrants exercisable at C$0.35 until November 28, 2028 [1][2]. - Finder's fees amounted to C$218,400 in cash, along with the issuance of 1,074,500 finder's warrants, also exercisable at C$0.35 until November 28, 2028 [3]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated towards exploration of the recently acquired properties Copalito and Zamora, acquisition costs, new project generation, investor relations programs, and general corporate working capital [4]. Group 3: Company Overview - Mercado Minerals Ltd. is engaged in acquiring and exploring mineral properties in the Americas, with a focus on the exploration and evaluation of the Porter Property in British Columbia [5].
Noble Plans a Diamond Drill Program in the Timmins Area
Thenewswire· 2025-12-01 12:30
Core Insights - Noble Mineral Exploration Inc. has signed a drill contract for 1000 meters in two holes located in Carnegie Township, Ontario, to further define geology and mineralization following previous drilling in 2022 [1][2] - An additional 1000 meters of drilling is scheduled for early 2026 in Southwest Carnegie Township due to swampy conditions [2] - The technical content of the release has been reviewed by an independent Qualified Person, ensuring compliance with National Instrument 43-101 standards [2] Company Overview - Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in various nickel and gold exploration properties, including a 20% interest in East Timmins Nickel Inc. and the Holdsworth gold exploration property [3] - The company holds mineral and exploration rights over approximately 70,000 hectares in Northern Ontario and 24,000 hectares in Quebec, with plans for option and joint venture exploration programs [3] - Specific projects include Project 81 in the Timmins-Cochrane area, which has diversified drill-ready targets for gold, nickel-cobalt, and base metals [4] Project Details - Project 81 encompasses around 18,000 hectares in Northern Ontario, with additional holdings in Thomas Township and a 20% interest in 38,700 hectares in the Timmins area [4] - Other properties include the Nagagami Carbonatite Complex, the Boulder Project, and various properties in Quebec focused on nickel, copper, PGM, uranium, and rare earth elements [4]
North American Niobium and Critical Minerals Corp. Launches its C$2.69 Million District-Scale Fully-Funded Comprehensive 2026 Quebec Exploration Program Focused on Niobium and Rare Earth Elements Discoveries
Globenewswire· 2025-12-01 12:30
Core Insights - North American Niobium and Critical Minerals Corp. has announced a fully-funded exploration program for 2026, focusing on its 29,936-hectare land package in Quebec, targeting niobium and rare earth elements [1][19] - The exploration strategy aims to confirm and expand multiple targets within geological environments known for hosting critical element deposits, with a total budget of approximately $2.69 million allocated for various exploration activities [6][20] Exploration Program Overview - The 2026 exploration program will be conducted in four stages: geophysics, surface geochemistry, bedrock sampling, and drilling [6][20] - The company plans to execute a 6,000-meter drilling program, with a significant portion of the budget allocated to drilling costs estimated at $1.9 million [15][16] Historical Assays and Comparisons - Historical assays from the company's properties show promising grades for rare earth elements, with 2.7% total rare earth oxides at Blanchette and 0.68% at Bardy, which are competitive with established global producers [2][4] - For niobium, the company's grab sample at Seigneurie showed 0.32% Nb, indicating strong early-stage potential consistent with proven niobium-bearing systems [3][4] Importance of Niobium - Niobium is classified as a critical mineral by Canada and the U.S., essential for various applications including high-strength steel and clean energy technologies, highlighting the need for a reliable domestic supply [18][19] - The concentration of global niobium supply poses a national security risk for North American industries, making the establishment of local sources vital [18][19] Quebec's Geological Potential - Quebec is recognized as a premier jurisdiction for critical mineral exploration, with significant geological potential and government support for mining activities [19][20] - The Grenville Province, where the company's properties are located, remains largely underexplored, offering opportunities for new discoveries [19][20]
GR Silver Announces $13 Million Bought Deal LIFE Offering of Units
Newsfile· 2025-12-01 12:15
Core Viewpoint - GR Silver Mining Ltd. has announced a bought deal financing agreement to raise $13,000,200 through the sale of 43,334,000 units at a price of $0.30 per unit, aimed at advancing its Plomosas Project in Mexico and for general corporate purposes [1][3]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.42 for 36 months [2]. - The offering includes a provision for the underwriters to increase the offering size by up to an additional 3,999,333 units and a 15% increase in the private placement offering [4]. - The closing of the offerings is expected around the week of December 15, 2025, subject to regulatory approvals [8]. Group 2: Use of Proceeds - The net proceeds from the offerings will be allocated to advancing the Plomosas Project, working capital, and general corporate purposes [3]. Group 3: Regulatory and Compliance Information - The LIFE Offering will be conducted under the 'listed issuer financing exemption' and will be free-trading under applicable Canadian securities laws, except in Quebec [5]. - The private placement offering will be available to accredited investors and will have a statutory hold period of four months and one day from closing [7]. Group 4: Underwriters and Fees - The underwriters will receive a cash commission of 6.0% of the aggregate gross proceeds and broker warrants equal to 6.0% of the units sold, with each broker warrant allowing the purchase of one unit at the offering price for 36 months [9].