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Mirasol Launches Exploration Season at Sobek Copper-Gold Project in the Vicuña District, Chile
Globenewswire· 2025-12-01 12:00
Located just 7 km west of Filo del Sol in the Vicuña District, the 46 South target is at the south end of a 3 km N-S trending corridor of mineralization at Sobek Central The 46 South epithermal and underlying porphyry target sits on the margin of a district scale magnetic high where coincident mag-susceptibility, MT anomalies and ground-based IP responses lie directly below a large soil survey geochemical anomaly where hydrothermal and tourmaline breccias outcrop on surface In preparation for drilling a pro ...
Brunswick Exploration Reports More High-Grade Cesium and Lithium Values at Anatacau Main
Globenewswire· 2025-12-01 12:00
MONTREAL, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; “BRW” or the “Company”) is pleased to announce more results from its inaugural drilling campaign at the Anatacau Main Project, located in the Eeyou Istchee-James Bay region of Quebec. All results have now been received and cement BRW’s latest discovery within its growing portfolio as a high priority target for follow-up drilling. Highlights include: 1.53% Li2O over 53.9 meters in drill hole AN-25-04 at a verti ...
Q2 Metals Reports Multiple Wide, Mineralized Intercepts from Infill Drilling at the Cisco Lithium Project, Including 95.1 m and 81.9 m each Grading 1.56% Li₂O
Globenewswire· 2025-12-01 12:00
Highlights: Four (4) drill holes from the 2025 infill drill program with strong analytical results are reported herein: CS25-040: 12 separate intervals, including 95.1 metres (“m”) at 1.56% Li2O, 81.9 m at 1.56% Li2O and 66.5 m at 1.26% Li2O;CS25-041: seven (7) separate intervals, including 53 .9 m at 1.53% Li2O, 54.0 m at 1.21% Li2O and 41.2 m at 1.31% Li2O;CS25-042: 16 separate intervals, including 32.7 m at 1.56% Li2O, 26.5 m at 1.53% Li2O, 26.3 m at 1.47% Li2O, 32.1 m at 1.14% Li2O, and 26.1 m at 1.13% ...
Mundoro Reports Q3-2025 Financial Results and Provides Portfolio Update
Newsfile· 2025-12-01 11:00
Core Insights - Mundoro Capital Inc. reported its financial results for the nine-month periods ending September 30, 2025, and 2024, alongside updates on exploration activities in partnership with BHP and JOGMEC [1][4] Financial Highlights - The company raised approximately C$1,517,500 through a non-brokered private placement by issuing 5,836,540 common shares at C$0.26 each [3] - As of September 30, 2025, the company held C$4,241,082 in cash and cash equivalents [6] - Fee income for the nine months ended September 30, 2025, totaled C$1,107,464, a 10% increase from C$1,042,956 in the same period of 2024 [6] - Exploration expenditures decreased to C$4,885,987 in 2025 from C$5,980,712 in 2024, with net exploration costs of C$901,730 in 2025 compared to C$825,565 in 2024 [6] - The company recorded a net loss of C$952,269 for the nine months ended September 30, 2025, compared to a net loss of C$643,141 in 2024 [9] Exploration Activities - Mundoro entered into an option agreement with BHP for seven exploration licenses in Serbia, allowing BHP to earn 100% ownership by funding US$35 million in exploration expenditures over ten years [5] - Drilling commenced at the Trstenik project, with a current depth of 441.6 meters out of a targeted 900 meters [5][13] - The company is advancing commercialization discussions for the Dos Cabezos Project in Arizona, with due diligence facilitated through a data room and site visits [5][16] - A generative program is underway to evaluate additional prospective metallogenic belts in the Western USA [21] Future Plans - The company plans to integrate drill results with new geophysical data to refine drill targets for the upcoming quarters [9][12] - A comprehensive 3D model for the Southern Targets is expected to be completed, enhancing the understanding of the mineralized system [12] - The company aims to finalize a drilling proposal for the South Timok Project Area in Q4-2025, detailing target sequencing and total meterage for the campaign [13][22]
Electrum Discovery Provides Operational Update, Exploration Footprint Expanding
Thenewswire· 2025-12-01 07:00
Core Insights - Electrum Discovery Corp. is advancing exploration activities at its copper-gold Timok East and gold-silver Novo Tlamino projects in Serbia, with significant geophysical surveys and drilling planned for 2026 [1][2][4] Group 1: Timok East Project - The Timok East Project is located within the Western Tethyan Belt, adjacent to world-class porphyry Cu-Au deposits, and has identified multiple geophysical and geochemical anomalous zones [2][4] - A second phase of the Audio-Magnetotelluric (AMT) survey is underway, with 41 measuring stations planned over an area of 5 x 2.5 kilometers, aimed at refining the subsurface resistivity model [3][4] - The exploration footprint of the Timok East project has expanded to 210 square kilometers following the granting of a new exploration license, Rgotna [4][12] Group 2: Novo Tlamino Project - The Novo Tlamino Project hosts the Barje gold-silver deposit, which contains an inferred resource of 7.1 million tonnes grading 2.5 g/t Au and 38 g/t Ag, equating to approximately 670,000 ounces of gold equivalent [13][16] - A ground magnetic survey of approximately 90 line-kilometers has commenced over the Barje deposit to refine geological models and assist in drill targeting [16][18] - An infill drilling program of approximately 3,200 meters is planned to upgrade the resource category, along with an additional 1,000 meters of step-out drilling to test potential extensions of mineralization [18][17]
Bold Ventures Sees Progress in the Ring of Fire
Newsfile· 2025-11-30 22:56
Core Insights - Bold Ventures Inc. has announced a second landmark agreement for the development of access roads to the Ring of Fire critical mineral resources, indicating strong First Nation involvement and community support for future activities [1] - The company holds significant interests in the Ring of Fire region, which is crucial for the development of critical minerals like chromite, nickel, and copper, essential for electrification plans in Ontario and North America [5][9] Company Overview - Bold Ventures Inc. explores for Precious, Battery, and Critical Metals in Canada, focusing on properties in active gold and battery metals camps in Ontario [9] - The company has a 10% carried interest in the Black Horse Chromite deposit, which has an inferred resource of 85.9 million tonnes grading 34.5% Cr2O3 [3] - Bold also holds a 40% working interest in all other metals within the Koper Lake claims and has a Right of First Refusal on a 1% NSR covering all metals found within the claim group [3] Project Developments - The environmental assessment process for all-weather road access to the Ring of Fire includes three proposed road projects: the Northern Road link, the Marten Falls Community Access Road, and the Webeque Supply Road [6] - The Black Horse deposit is contiguous with the Blackbird Chromite deposits owned by Ring of Fire Metals, and the Koper Lake claims are located approximately 300 meters from the Eagle's Nest Ni-Cu Massive Sulphide Deposit [4] Industry Context - Chromite, nickel, and copper are identified as critical minerals that will significantly contribute to electrification efforts in Ontario and North America [5] - The ongoing developments in the Ring of Fire region are seen as positive for the future of critical mineral mining [5][8]
Antimony Deposits Represent the ‘Pot of Gold’ For Two Globex Option Partners
Smallcaps Investment Research· 2025-11-29 10:13
Core Insights - Successful mine development requires not only high-quality properties but also a strong exploration team to advance through key milestones [1] - Globex Mining Enterprises Inc. emphasizes the importance of building long-term shareholder value through strategic partnerships with talented junior explorers [2] Project Updates - Antimony Resources has presented an updated NI43-101 technical report for the Bald Hill antimony project, indicating a conceptual deposit of 2.7 million tonnes at a grade of 3-4% antimony [4][5] - Bryah Resources is advancing the Golden Pike project, reporting high-grade stibnite samples up to 57% Sb and commencing a 1000m drilling program to confirm previous results [9][11] - Cerrado Gold is updating its feasibility study for the Mont Sorcier project, increasing the production target by 60% to an initial 4 million tonnes per annum, with plans to scale up to 8 million tonnes by the third year [14][15] Financial and Royalty Structure - Globex has received a cash payment of $100,000 and over 30 million shares from its partner companies, with additional payments due annually [12] - The company retains a 3.5% Gross Metals Royalty on the Bald Hill project and a 1% GMR on the Mont Sorcier project, which could provide a steady income stream as these projects advance [6][22] Strategic Partnerships - The option agreements with Antimony Resources and Bryah Resources include cash and share payments that enhance corporate liquidity for future acquisitions [20][21] - The strategy of acquiring a diversified portfolio of exploration assets is proving valuable, supported by successful exploration from active partner companies [23]
Blue Star Gold Announces Closing of Final Tranche of Non-Brokered Private Placement
Newsfile· 2025-11-29 01:00
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company") announces that, further to its news releases of October 30, 2025 and November 4, 2025, it has closed the final tranche of its non-brokered private placement raising proceeds of $100,000 through the issuance of 400,000 flow-through common shares (each, a "FT Share") at $0.25 per FT Share (the "Private Placement"). The Company raised total proceeds of ...
Kirkstone Metals Provides Further Corporate Update
Thenewswire· 2025-11-29 00:45
Core Points - Kirkstone Metals Corp. is addressing ongoing promotional activities related to the company that are not endorsed by it, clarifying that it has not engaged any third-party service providers for such promotions [1][2] - The promotions reference historical mineral reserves and exploration results from adjacent properties, but the company emphasizes that no current mineral resources have been identified on its projects and that historical results are not indicative of future outcomes [2] - The company is evaluating a potential secondary listing on the Hong Kong Stock Exchange and the Tokyo Stock Exchange, but no final decision has been made, and the process is subject to regulatory review and compliance with listing standards [3] Company Overview - Kirkstone Metals Corp. is a Canadian mineral exploration company focused on uranium assets that support the global transition to clean, reliable, and secure energy [4]
Bolt Metals Closes Second Tranche of LIFE Offering and Completes Unit Private Placement
Thenewswire· 2025-11-29 00:45
Core Viewpoint - Bolt Metals Corp. has successfully closed the second tranche of its non-brokered LIFE Offering and its Unit Offering, raising a total of $3,500,000 for general working capital and corporate purposes [1][5]. Group 1: LIFE Offering - The second tranche of the LIFE Offering involved the issuance of 350,000 units at a price of $0.20, generating gross proceeds of $70,000 [2]. - Each LIFE Unit consists of one common share and one common share purchase warrant, with the warrant allowing the holder to acquire an additional common share at $0.40 for 24 months [2]. - The first tranche of the LIFE Offering raised gross proceeds of $430,000, contributing to the total amount raised [5]. Group 2: Unit Offering - The Unit Offering resulted in the issuance of 15,000,000 units at a price of $0.20 per unit, totaling gross proceeds of $3,000,000 [3]. - Each Unit includes one common share and one common share purchase warrant, with the warrant exercisable at $0.40 for 36 months [3]. Group 3: Finder's Fees - In connection with both offerings, the Company paid a total of $129,540 in cash finder's fees and issued 641,500 finder's warrants, each exercisable at $0.20 for 24 months [4]. Group 4: Company Overview - Bolt Metals Corp. is focused on the acquisition and exploration of mineral properties, particularly in precious and base metals, with an emphasis on drill-ready projects that have high upside potential [6]. - The Company trades on multiple exchanges, including the CSE under the symbol BOLT and the OTC under the symbol PCRCF [6].