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Critical One Energy Confirms Target Depth Extension at Howells Lake Antimony-Gold Deposit
Globenewswire· 2025-10-01 20:21
TORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0), a leading Canadian mining exploration company focused on critical metals and minerals, is pleased to announce that advanced geophysical and geological modelling has confirmed significant expansion potential of the antimony-gold deposit at its Howells Lake Antimony-Gold Project (“Howells Lake Project”). The results underscore the potentia ...
Dolly Varden Silver Announces $30 Million Bought-Deal Financing
Newsfile· 2025-10-01 20:00
Core Viewpoint - Dolly Varden Silver Corporation has entered into an agreement with underwriters for a total gross proceeds of $30,034,000 through a combination of securities offerings [1][2]. Group 1: Offering Details - The LIFE Offering will consist of Common Shares and CFT Shares, generating gross proceeds of $15,084,000, contributing to the total gross proceeds of $30,034,000 [2]. - The underwriters have an option to increase the size of the offerings by up to 15% to cover overallotments, exercisable up to 2 business days before closing [2]. - The offerings are expected to close around October 23, 2025, pending necessary regulatory approvals from the TSX Venture Exchange and NYSE American [4]. Group 2: Use of Proceeds - Net proceeds from the sale of Common Shares will be allocated for working capital and general corporate purposes [3]. - Gross proceeds from CFT Shares and FT Shares will be directed towards exploration, mineral resource expansion, and drilling at the Kitsault Valley project, along with working capital as permitted [3]. Group 3: Share Details - The offerings include 2,300,000 Common Shares at $6.50 each, 750,000 CFT Shares at $9.42 each, and 990,000 FT Shares at $8.10 each [8]. - FT Shares will be offered to accredited investors with a statutory hold period of four months and one day from closing [6]. Group 4: Existing Agreements - Hecla Canada Ltd. and Fury Gold Mines Ltd. have the right to acquire Common Shares at $6.50 each to maintain their pro rata equity interests in the Company [7].
Voyageur Mineral Explorers Corp. and Evolve Strategic Element Royalties Ltd. Announce Completion of Upsized $37.5 Million Brokered Offering
Globenewswire· 2025-10-01 15:06
Core Points - Voyageur Mineral Explorers Corp. and Evolve Strategic Element Royalties Ltd. have completed a private placement of 46,875,000 subscription receipts at a price of $0.80 each, raising gross proceeds of $37.5 million [1][2] Group 1: Offering Details - The gross proceeds will be held in escrow until certain conditions are met, including the completion of the proposed business combination between Voyageur and Evolve [2] - Each subscription receipt will convert into one common share of Evolve upon satisfaction of escrow release conditions within 90 days following the closing date of the offering [3] - The net proceeds from the offering are intended for new growth investments and general corporate purposes of the resulting issuer after the business combination [4] Group 2: Agents and Commissions - The offering was completed under an agency agreement with Canaccord Genuity Corp. and Stifel Nicolaus Canada Inc. as co-lead agents, along with several other financial institutions [5] - A cash commission of 6.0% of the gross proceeds is payable to the agents, reduced to 3.0% for certain subscribers, with half of the commission held in escrow pending the satisfaction of escrow release conditions [5] Group 3: Company Profiles - Evolve is a private strategic metals royalty company focused on securing premium assets in the low-carbon and digital economy [6] - Evolve's royalty portfolio includes interests in various mining operations, such as a 0.51% net profit interest in Teck Resources' Highland Valley Copper Operation and a 2% NSR royalty on the Sal de Los Angeles Lithium Brine Project [7] - Voyageur is a Canadian junior mineral exploration company with a focus on mineral properties in Northwest Manitoba and Northeast Saskatchewan, owning royalties in the Flin Flon greenstone belt [8]
Hi-View Resources Acquires 100% Interest In Harmon Peak Project In British Columbia's Toodoggone District
Thenewswire· 2025-10-01 12:30
Core Viewpoint - Hi-View Resources Inc. has acquired 100% ownership of the Harmon Peak Project, a 451.5-hectare property located in British Columbia's Toodoggone District, known for its potential in gold, silver, and copper mineralization [1][3]. Company Overview - Hi-View Resources Inc. is a Canadian mineral exploration company focused on advancing a portfolio of gold, silver, and copper assets in the Toodoggone region, covering over 26,400 hectares [11]. - The company's flagship project, Golden Stranger, is fully permitted with 45 drill-ready sites and has historical highlights of 10 meters grading 11.55 g/t gold and samples up to 111.5 g/t gold and 2,740 g/t silver [11]. Project Details - The Harmon Peak Project is strategically located near significant deposits and projects, including the Lawyers deposit and the Thesis Ranch project, enhancing its exploration potential [1][3]. - The geological setting of Harmon Peak is favorable for porphyry systems, underlain by lower Hazelton volcanics and associated with the Black Lake Intrusive Suite, which is regionally linked to porphyry mineralization [2]. Historical Exploration - Historical work at Harmon Peak has identified strong copper, gold, and silver anomalies, with notable geochemical results including 355 ppm Cu and silver stream sediment anomalies of 1,409 ppb and 932 ppb [8]. - Previous exploration efforts have documented significant mineralization, including samples with 1.79% Cu, 42.2 ppm Ag, and 2.4 ppm Au, indicating a robust mineralized system [9][13]. Agreement Terms - Under the acquisition agreement, the vendors will retain a 2% NSR royalty on the property, with Hi-View having the option to repurchase 1% for a one-time payment of $1,000,000 [9].
Integral Metals Corp. Provides Comprehensive Analysis of Soil Geochemical Survey at the KAP Project
Globenewswire· 2025-10-01 12:00
Over 2,000 soils analyzed; 818 B-horizon samples returned multiple anomalies with scores up to 11CALGARY, Alberta, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Integral Metals Corp. (CSE: INTG | OTC: ITGLF | FSE: ZK9) (the “Company” or “Integral”) is pleased to report the completion and compilation of its 2025 soil geochemistry survey at the KAP Project, located in the Mackenzie Mountains, Northwest Territories. The program was designed to systematically evaluate near-surface geochemical responses in the vicinity of t ...
Doubleview Gold Corp Announces Increased Footprint and Potential Volume at Its Hat Polymetallic Deposit in Northwestern British Columbia
Newsfile· 2025-10-01 11:45
Doubleview Gold Corp Announces Increased Footprint and Potential Volume at Its Hat Polymetallic Deposit in Northwestern British ColumbiaOctober 01, 2025 7:45 AM EDT | Source: Doubleview Gold Corp.Highlights: This news release presents results from recent drilling in the southeast section of the Hat Project's Lisle Zone. Drill holes H093, H094, H095, and H096 have significantly expanded the apparent volume of the mineralized zone, extending beyond the conceptual pit wall outlined in the 2024 Pr ...
Brixton Metals Drills 15m of 2.26 g/t Gold at the Trapper Gold Target
Globenewswire· 2025-10-01 11:30
VANCOUVER, British Columbia, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce additional drill results from the Trapper Gold Target this season. Drilling at the Trapper Target has been completed for the season. A total of 6272m was drilled at the Trapper Target from 30 holes. Assays are pending for the remaining 18 holes with visible gold having been identified in several of these remaining holes. The zone remains ope ...
Aurania Directors Receive Stock Options in Lieu of Fees
Newsfile· 2025-10-01 11:00
Toronto, Ontario--(Newsfile Corp. - October 1, 2025) - Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (FSE: 20Q) ("Aurania" or the "Company") announces that its Board of Directors have agreed to receive their quarterly director fees in the form of stock options in lieu of cash for the third quarter of 2025. For more information, see press releases dated March 31, 2025, and July 1, 2025. On September 30, 2025, each director was granted 42,000 stock options at an exercise price of $0.145 in lieu of their ...
Silver47 Completes Successful Red Mountain Drill Program and Intersects Massive Sulfides in Multiple Holes
Newsfile· 2025-10-01 10:00
Silver47 Completes Successful Red Mountain Drill Program and Intersects Massive Sulfides in Multiple HolesThe Red Mountain Deposit Remains Open to Expansion in Multiple Directions with Assays PendingOctober 01, 2025 6:00 AM EDT | Source: Silver47 Exploration Corp.Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce the completion of its summer 2025 drill program at its wholly ...
Trident Resources Initiates Exploration Program at Greywacke and Hailstone Properties in Saskatchewan
Globenewswire· 2025-10-01 07:05
Core Insights - Trident Resources Corp. is launching a geological mapping and geochemical sampling program at its Greywacke and Hailstone properties in Saskatchewan to identify and expand known gold showings for future drill targeting [1][2] - The La Ronge Gold Belt is highlighted as an underexplored area with significant potential for multi-million-ounce gold deposits, particularly at the Greywacke property [3][10] Exploration Program - The upcoming field program will primarily focus on the Greywacke Property, which contains a historical mineral resource estimate from 2021 [2] - The Greywacke Gold Deposit extends several kilometers and includes known showings such as Lyons Zone, Hoover Lake, Wasp Lake, and Closure Lake [2][4] - Initial work will also commence at the Hailstone Property, for which the company has signed an option agreement to acquire a 100% interest [2] Geological Details - The Greywacke Lake Gold Project is located approximately 88 km northeast of La Ronge and covers 16,078 hectares [4] - The project area consists of three sub-parallel zones along a 7 km mineralization trend, with the Greywacke North Gold Deposit located in the North Zone [4] - Significant mineralized targets along the Wacke trend include Closure Lake and Lyons Zone Showings, which are hosted by the same geological unit as the Greywacke North Deposit [4][5] Resource Estimates - The Greywacke North Deposit has a historical mineral resource estimate of 101,000 ounces of gold at 4.90 g/t (Indicated) and 54,000 ounces at 4.24 g/t (Inferred) [7][8] - Other showings such as the Hoover Gold Showing and Wasp Lake Showing also contain visible gold and are geologically similar to the Greywacke North Deposit [5][6] Company Position - The company has expanded its initial drill program at the Contact Lake Gold Project from 5,000 meters to over 6,500 meters due to promising early visuals of mineralization [3] - Trident Resources is fully funded with over C$12.5 million in its treasury, indicating strong financial backing for its exploration activities [3]