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One Bullion Limited Announces High Resolution Airborne Geophysical Survey to Advance Drill Targeting at Vumba and Maitengwe Projects
Globenewswire· 2026-01-27 12:30
Core Viewpoint - One Bullion Ltd. is advancing its exploration efforts in Botswana by engaging Xcalibur Smart Mapping for high-resolution airborne surveys, aiming to identify drill-ready targets for its 2026 exploration program [1][2]. Group 1: Exploration Initiatives - The company has engaged Xcalibur Smart Mapping to conduct comprehensive airborne magnetic gradiometer and radiometric surveys over the Vumba and Maitengwe projects [1]. - The airborne geophysical program will cover approximately 16,350 line-kilometers, with 2,400 line-km over Vumba and 13,950 line-km over Maitengwe, utilizing a horizontal magnetic gradiometer system [2]. - The surveys are expected to enhance the understanding of subsurface stratigraphy, particularly at Maitengwe, which covers 580.75 km and has minimal geological exposure due to Kalahari sediments [3]. Group 2: Survey Details and Timeline - The surveys are set to commence in the coming weeks and will take approximately five weeks to complete across both project areas [4]. - Preliminary geophysical results are anticipated within one week of survey completion, with fully processed datasets expected four weeks later [4]. Group 3: Company Background and Strategy - One Bullion Ltd. is focused on advancing high-quality gold assets in Botswana, controlling approximately 8,004 km² of prospective land across three projects [11]. - The company's strategy emphasizes disciplined, data-driven exploration, combining modern geological methods with advanced targeting to identify high-priority gold targets [11].
Alma Gold Closes Second and Final Tranche of Upsized Placement
TMX Newsfile· 2026-01-26 23:28
Core Viewpoint - Alma Gold Inc. has successfully closed the second and final tranche of its private placement, raising a total of $1,475,000 from both tranches [1][2]. Group 1: Private Placement Details - The second tranche of the private placement generated gross proceeds of $700,000 through the issuance of 8,750,000 units, with each unit priced at $0.08 [1][2]. - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to acquire an additional share at $0.15 for five years [2]. - The total gross proceeds from both tranches of the private placement amounted to $1,475,000 [1]. Group 2: Use of Proceeds - Proceeds from the private placement will be allocated for general working capital purposes, including potential strategic initiatives currently under consideration [3]. Group 3: Company Overview - Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia, exploring the Karita West Project in northern Guinea and the Dialakoro project permits in the Siguiri Basin of Guinea [5].
Pelangio Refiles Technical Report for Manfo Gold Project
TMX Newsfile· 2026-01-26 22:00
Core Viewpoint - Pelangio Exploration Inc. has amended and refiled its technical report for the Manfo Gold Project in Ghana to comply with the Ontario Securities Commission's requirements, ensuring adherence to National Instrument 43-101 standards [1]. Group 1: Technical Report Amendments - The amended Technical Report addresses issues identified during the Ontario Securities Commission's review, bringing it into conformity with regulatory standards [1]. - The report is now available on the Company's website and SEDAR+ [1]. Group 2: Company Overview - Pelangio Exploration Inc. focuses on acquiring and exploring land packages in gold belts located in Ghana and Canada [3]. - The Company owns two significant properties in Ghana: the 100 km² Manfo property, which has eight near-surface gold discoveries, and the 284 km² Obuasi property, adjacent to AngloGold Ashanti's high-grade Obuasi Mine [3].
Avanti Gold Announces That 2,100 Meters of Historical Drill Core Is Currently Being Assayed Ahead of the 2026 Drill Programme Commencing
TMX Newsfile· 2026-01-23 10:00
Core Viewpoint - Avanti Gold Corp. is advancing its exploration efforts at the Akyanga deposit within the Misisi Project in the Democratic Republic of the Congo, with significant drilling activities planned for 2026 and ongoing assays of historical drill core samples [2][9]. Drilling and Assay Progress - The company is currently assaying 2,100 meters of historical drill core from the Akyanga deposit, with results expected later this quarter [2][9]. - The 2026 drilling program is set to commence in Q1-2026, with a drilling contractor selection process nearing completion [2][6]. Historical Data and Resource Estimates - The Akyanga deposit has an NI 43-101 compliant Inferred Mineral Resource of 40.8 million tonnes at an average grade of 2.37 g/t gold, totaling approximately 3.11 million ounces [4][13]. - The current assay samples represent about 10% of the total diamond drilling previously completed, targeting high-grade zones [4][9]. Exploration Program Details - The 2026 exploration program has expanded from an initial 15,000 meters to a total of approximately 42,000 meters of diamond drilling, divided into two phases [7][10]. - Phase 1 will focus on the Akyanga deposit and is fully funded, while Phase 2 will target additional high-priority areas [10][11]. Future Steps and Strategic Planning - The company has conducted a review of prior exploration data to prioritize drilling across three contiguous mining licenses [6][9]. - Early exploration works, including ground truthing and sampling, will guide the Phase 2 drilling program [10][11].
Alma Gold Announces the Retirement of Director Jean-Marc Gagnon
TMX Newsfile· 2026-01-23 00:29
Core Viewpoint - Alma Gold Inc. announces the retirement of Jean-Marc Gagnon from the board of directors and as Vice President of Exploration, effective January 12, 2026, and expresses gratitude for his contributions to the company and the exploration sector [1][2]. Company Updates - Jean-Marc Gagnon has had a significant career in the mineral industry, particularly in gold exploration in West Africa, and will continue to support the company as a consultant during the transition [2]. - The company is currently evaluating candidates to fill the Vice President of Exploration vacancy and will provide updates in due course [3]. - Gregory Isenor, President and CEO, highlighted Gagnon's key role in gold discoveries and his contributions to positioning Alma Gold with a strong land package in Guinea ready for drilling [3]. Company Background - Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia, and is exploring the Karita West Project in northern Guinea, along with the Dialakoro project permits under application in the Siguiri Basin of Guinea [3].
OTC Markets Group Welcomes Quimbaya Gold Inc. to OTCQX
Globenewswire· 2026-01-22 12:00
Core Insights - Quimbaya Gold Inc. has successfully upgraded to the OTCQX® Best Market from the OTCQB® Venture Market, enhancing its visibility and accessibility for U.S. investors [1][3] - The company aims to discover gold resources through exploration and acquisition in Colombia's gold mining districts, focusing on three key projects [4] Company Overview - Quimbaya Gold Inc. is a gold exploration company that operates in Colombia, specifically in the Segovia, Puerto Berrio, and Abejorral regions [4] - The company is managed by an experienced team in the mining sector, emphasizing its commitment to high disclosure standards and disciplined execution [3][4] Market Context - The OTCQX Market is designed for established, investor-focused companies, requiring them to meet high financial standards and comply with securities laws [3] - Graduating to the OTCQX Market is a significant milestone for companies, allowing them to demonstrate qualifications and increase visibility among U.S. investors [3]
Lavras Gold Corp. Announces $10 million Public Offering
Globenewswire· 2026-01-21 21:22
Core Viewpoint - Lavras Gold Corp. has announced a bought deal offering of 2,942,000 common shares at C$3.40 per share, aiming to raise approximately C$10 million for project development and exploration activities [1][2]. Group 1: Offering Details - The offering price is set at C$3.40 per share, with total gross proceeds expected to be around C$10,002,800 [1]. - An over-allotment option allows underwriters to purchase an additional 441,300 shares within 30 days, potentially raising an extra C$1,500,420 if fully exercised [2]. - The offering is expected to close on or before January 29, 2026, subject to regulatory approvals [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for project development, exploration, resource drilling, and general corporate purposes [2]. Group 3: Regulatory and Access Information - The shares will be offered through a prospectus supplement to the base shelf prospectus filed in Canada, excluding Quebec [3]. - Access to the prospectus documents will be available on SEDAR+ within two business days [5].
Lodestar Metals Announces Private Placement Offering of $1,500,000
TMX Newsfile· 2026-01-21 12:35
Core Viewpoint - Lodestar Metals Corp. is conducting a non-brokered private placement financing to raise $1,500,000 through the issuance of 7,500,000 units at a price of $0.20 per unit, aimed at advancing its exploration activities in Nevada [1][4]. Financing Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.30 for 18 months [2]. - Integrity Capital Group Inc. has been engaged as a finder for the offering, with a potential finder's fee of up to 8% cash and 8% in finder's warrants, reduced to 3% for certain identified investors [3]. Use of Proceeds - The proceeds from the offering will be allocated to exploration and drilling activities on the Gold Run Property, as well as for working capital purposes [4]. Company Overview - Lodestar Metals Corp. is a Canadian gold exploration company focused on the Goldrun Project in Nevada, which is strategically located on a major Carlin-style gold trend and near significant gold deposits [6]. - The company's strategy emphasizes a disciplined approach to discovery, focusing on high-value targets and building a compliant gold resource to enhance shareholder value [6].
Lodestar Metals Scales Up Exploration with High-Resolution Geophysics at Goldrun Project, Nevada
TMX Newsfile· 2026-01-20 12:35
Core Viewpoint - Lodestar Metals Corp. has initiated a Dipole-Dipole-Induced-Polarisation (DDIP) geophysics program at its Goldrun Property in Nevada, aimed at identifying chargeability anomalies associated with gold deposits, which is a significant step in their exploration strategy for 2026 [1][2]. Exploration Strategy - The expanded DDIP program is designed to enhance the understanding of the Goldrun Property, with expectations of refining existing targets and discovering new high-priority zones at Robbers Knob and Grindstone Flats [2][6]. - The company aims to transition quickly from target generation to discovery-focused drilling, with a maiden drill campaign planned for March-April 2026, pending necessary approvals [2][12]. Technical Details - The DDIP program will include four new lines to cover high-priority areas that previously lacked geophysical data, enhancing depth penetration and target definition [6][8]. - Historical drilling at Robbers Knob revealed intersections of 18 meters at 4.3 g/t Au, including 1.5 meters at 37.8 g/t Au, while Grindstone Flats showed 13.7 meters at 1.5 g/t Au, including 1.5 meters at 32.5 g/t Au [8][11]. Anticipated Outcomes - Results from the DDIP program are expected in the coming weeks, with interpreted highlights anticipated in February 2026 [6][11]. - The company is currently preparing for its maiden drilling campaign, with permits submitted and drilling expected to commence in March or April 2026, subject to conditions [12]. Company Background - Lodestar Metals Corp. is a Canadian gold exploration company focused on advancing the Goldrun Project, strategically located on a major Carlin-style gold trend adjacent to significant gold deposits in North America [15]. - The company's strategy emphasizes capital allocation towards high-value targets and rapid movement on known mineralization to build a compliant gold resource [15].
Rackla Summarizes 2025 Exploration Results And Plans For 2026
Thenewswire· 2026-01-20 12:00
Core Insights - Rackla Metals Inc. has released its year-end summary of exploration activities on the Grad Property and other regional targets, outlining plans for 2026 after disappointing drilling results in 2025 [1] Exploration Results - The 2025 drilling program consisted of 4500 meters across ten holes, but failed to intersect significant mineralization, with the best result being 2.56 g/t gold over 10.5 meters [4] - The discovery of the BiTe showing in 2024 returned multi-gram gold results, but subsequent drilling did not meet expectations, leading to a review of geochemical data [4][5] - A total of 738 surface rock samples and 3081 drill samples were analyzed, revealing that gold mineralization at BiTe is closely correlated with tellurium, bismuth, and antimony [5][6] Geochemical Analysis - The geochemical conditions at the BiTe showing differ significantly from those observed in drill core samples, suggesting that the drilling did not target the correct intrusive phase or structural environment [7][15] - The study identified other areas within the North Nahanni Pluton that exhibit a similar geochemical signature to BiTe, warranting further mapping and sampling [15] Regional Exploration Targets - Rackla has expanded claims on the Ogre property and staked the Calypso and Lened properties, totaling an additional 26,740 hectares in the region [16] - The Calypso target has shown promising results with talus sampling averaging 0.162 ppm Au over an 800-meter anomaly [19] - The Manta target has also returned high-grade gold-bearing samples, indicating potential for further exploration [20] Historical Context and Future Plans - The Lened Tungsten Deposit has historical significance, with previous exploration revealing a resource of 2.82 million tonnes at a grade of 1.27 WO3, and Rackla plans to evaluate this area for gold potential in 2026 [28][29] - Stream sediment sampling in the South Lened area has returned high values for rare earth elements, indicating potential for economic placer occurrences [30][35]