Mineral Exploration
Search documents
Critical One Energy Regains Full Control of Uranium and Copper Assets in Namibia, Africa
TMX Newsfile· 2026-02-27 11:50
Core Viewpoint - Critical One Energy Inc. has mutually agreed to terminate the purchase agreement with Dark Star Minerals Inc. regarding the sale of its Namibia assets, which include uranium and copper projects in a well-established mining jurisdiction [1][3][4]. Group 1: Termination of Agreement - The termination of the agreement was executed by mutual consent, with Critical One agreeing to return 14,200,000 common shares of Dark Star without incurring any termination fees or penalties [3]. - Duane Parnham, the Founder, Executive Chairman, and CEO of Critical One, has also terminated his advisory role with Dark Star effective immediately [3]. Group 2: Namibia Assets Overview - The Namibia Assets consist of interests in the Khan and Cobra uranium projects located in Namibia's Erongo uranium province, a region known for its significant uranium production [2]. - Namibia is recognized as one of the world's top uranium-producing countries, providing exposure to both uranium and copper potential [2]. Group 3: Strategic Focus - Following the termination, Critical One aims to regain full control of the Namibia Assets, which is seen as a strategic move given the renewed pricing strength in copper and uranium markets [4]. - The company’s primary focus remains on advancing the Howells Lake Antimony-Gold Project in Ontario, Canada, where it plans to commence its maiden drill program after receiving an exploration permit [4]. - The Howells Lake Project is strategically positioned to contribute to Canada's critical minerals strategy, reducing reliance on foreign supplies amid growing global demand [4][5]. Group 4: Future Plans - Critical One intends to explore the optionality created by the return of the Namibia Assets in a manner that complements its planned program at the Howells Lake Project [5]. - Further updates regarding the plan for the Namibia Assets will be provided as they are formalized [5]. Group 5: Company Overview - Critical One Energy Inc. is focused on critical minerals and upstream energy, with a portfolio that includes antimony, gold, uranium, and copper assets [6]. - The company is strategically positioned to meet the rising global demand for critical minerals and metals, leveraging its technical, managerial, and financial expertise to drive growth and deliver value to shareholders [6].
Eureka Lithium acquires Cabin Lake and Tyee Projects in Canada
Yahoo Finance· 2026-02-27 10:52
Eureka Lithium has concluded its acquisition of a 100% stake in both the Cabin Lake Polymetallic Project in British Columbia's Omineca Mining District and the Tyee Titanium-Vanadium Project in the Havre-St-Pierre region of Quebec, Canada. This acquisition was completed by purchasing all issued and outstanding shares of Stairway Mining, as per an amended share purchase agreement (SPA) earlier this month. Under the terms of the SPA, Eureka exchanged 9,100,000 common shares with Stairway shareholders and a ...
Adelayde Exploration Engages Geologic Firm for Work Program on the Sisson North Tungsten Project Directly Bordering Northcliff Resources Ltd.
TMX Newsfile· 2026-02-27 08:01
Core Viewpoint - Adelayde Exploration Inc. is advancing its Sisson North tungsten project in New Brunswick by engaging New-Sense Geophysics Ltd. for a comprehensive survey, highlighting the growing importance of critical minerals like tungsten in domestic supply chains [1][3]. Company Developments - The Sisson North tungsten project is strategically located next to the Sisson Tungsten Mine, which was recognized as a "Nation-Building Project" by the Canadian Prime Minister [2]. - Adelayde has entered into a joint venture to explore lithium brine potential in Clayton Valley, Nevada, which is surrounded by major industry players [5]. - The company is well-financed and plans to execute multiple exploration programs in 2026, capitalizing on the rising demand for critical minerals [3]. Industry Context - The demand for critical minerals, particularly tungsten, is increasing as governments and industries aim to strengthen domestic supply chains and reduce foreign reliance [3]. - The price of lithium has nearly tripled since June 2025, indicating a significant market shift that may benefit companies involved in lithium exploration [3]. - The U.S. Department of Defense and the Canadian Government have provided substantial funding to advance projects in the critical minerals sector, reflecting the strategic importance of these resources [2].
Hi-View Announces Upsized Private Placement
Thenewswire· 2026-02-27 08:01
Core Viewpoint - Hi-View Resources Inc. has increased the flow-through portion of its non-brokered private placement to aggregate gross proceeds of up to $2,000,000 [1][2]. Group 1: Offering Details - The flow-through portion will consist of up to 5,555,555 flow-through shares at a price of $0.36 per share, maintaining the total gross proceeds at $2,000,000 [2]. - All other terms of the Offering remain unchanged, and the proceeds will be used for exploration on the Toodoggone projects in British Columbia [2]. Group 2: Regulatory and Transaction Information - Finders' fees of up to 10% may apply to the private placement, and all securities issued will be subject to a hold period of four months and one day [3]. - Directors and officers of the Company may participate in the private placement, which is considered a related party transaction and is expected to be exempt from formal valuation and minority shareholder approval requirements [4]. Group 3: Company Overview - Hi-View Resources Inc. is a publicly listed mineral exploration company focused on gold, silver, and copper assets in the Toodoggone region of northern British Columbia, covering over 27,791 hectares [5]. - The Company's high-priority projects include the Lawyers East Project, Borealis Project, and Golden Stranger Project, along with additional assets such as the Nub, Saunders, and Harmon Peak properties [5].
Guardian Metal Resources PLC - Registration Statement Filed for Proposed U.S. IPO
Accessnewswire· 2026-02-27 07:20
Core Viewpoint - Guardian Metal Resources plc has filed a registration statement for a proposed initial public offering in the United States, indicating its intention to expand its market presence and raise capital for its tungsten exploration projects in Nevada [1]. Company Summary - Guardian Metal Resources plc is a US-focused exploration-stage critical minerals company [1]. - The company has a portfolio of tungsten exploration projects located in Nevada, US [1]. - The proposed IPO will involve the sale of American Depositary Shares (ADSs) offered solely by Guardian Metal [1]. Industry Context - The filing of the registration statement with the U.S. Securities and Exchange Commission (SEC) is a significant step for companies in the critical minerals sector, particularly as demand for such resources continues to grow [1].
District Executes Contract for Airborne MobileMT Survey on Alum Shale Properties in Sweden
TMX Newsfile· 2026-02-27 07:00
Core Viewpoint - District Metals Corp. has contracted Expert Geophysics Surveys Inc. to conduct a Mobile MagnetoTellurics System survey over additional mineral licenses in its Alum Shale Properties in Sweden, aiming to identify further mineralized targets [1][2]. Group 1: Survey Details - The MobileMT survey will cover approximately 2,253 line kilometers with a line spacing of 400 meters and tie lines spaced 4,000 meters, focusing on recently approved mineral license applications [2]. - The survey is scheduled to begin in late June or early July 2026, contingent on permitting, contractor availability, and weather conditions [3]. - Data from the survey will be processed and integrated with existing geological, geochemical, and geophysical datasets to optimize target identification [3]. Group 2: Mineral Resource Insights - The survey aims to identify the shallowest and thickest parts of mineralized Alum Shale, which contains significant graphite and sulphides, enhancing its potential as a superconductor [4]. - A previous MobileMT survey in 2025 successfully identified large-scale conductive anomalies correlating with the Viken Energy Metals Deposit, confirming the presence of additional mineralized Alum Shale targets [5]. - The Viken Deposit is noted for containing the largest undeveloped Mineral Resource Estimate of uranium globally, along with substantial estimates of vanadium, potash, molybdenum, nickel, copper, and zinc [6][13]. Group 3: Leadership and Strategic Changes - Mr. Jeremy Veszi will conclude his role as Vice President of Project Development effective February 28, 2026, due to external consulting commitments [8]. - The company will shift from an executive leadership model to a team-based advisory approach while continuing to engage Veszi Professional Consulting Inc. for multidisciplinary support [9]. - The focus remains on advancing the Viken Project through disciplined technical work programs supported by internal leadership and specialized external advisors [9].
Fathom Nickel Announces the Closing of the Second and Final Tranche of Upsized C$4 Million Private Placement
TMX Newsfile· 2026-02-26 23:43
Core Viewpoint - Fathom Nickel Inc. has successfully closed the second and final tranche of its upsized non-brokered private placement, raising a total of C$3,999,999 through the issuance of various units, which will fund exploration activities at the Gochager Lake Project in Saskatchewan [1][5]. Group 1: Offering Details - The second tranche of the upsized offering involved the issuance of 24,970,947 non-flow through units (NFT Units) at a price of C$0.031, generating gross proceeds of C$774,099 [1]. - The first tranche raised C$2,500,000 through the issuance of 52,083,334 charity flow-through units (Charity FT Units) at C$0.048 and 48,387,076 NFT Units at C$0.031 [1]. - The total gross proceeds from both tranches amounted to C$3,999,999 [1]. Group 2: Unit Composition - Each NFT Unit consists of one common share and one transferable common share purchase warrant, exercisable for 36 months at an exercise price of C$0.05 [2]. - Each Charity FT Unit includes one flow-through common share and one transferable common share purchase warrant, also exercisable for 36 months at the same exercise price [3]. Group 3: Use of Proceeds - Proceeds from the Charity FT Units will be allocated to eligible Canadian exploration expenses related to the Gochager Lake Project, with a focus on flow-through critical mineral mining expenditures [5]. - The net proceeds from the NFT Units will be utilized for exploration and development of mineral projects, as well as for working capital and general corporate purposes [6]. Group 4: Institutional Investment - Approximately 52% of the gross proceeds raised in the upsized offering came from institutional investors, including follow-on investments from Crescat Capital LLC and Plethora Precious Metals Fund, along with a significant order from a new European-based institutional investor group [5]. Group 5: Company Overview - Fathom Nickel Inc. is focused on exploring magmatic nickel sulphide deposits to secure critical mineral supplies for North America and support the global green energy transition [9]. - The company has three high-quality exploration projects in Saskatchewan: Albert Lake, Gochager Lake, and Friesen Lake, with the Gochager Lake Project hosting a historic nickel-copper deposit [9][12].
Impact Minerals Identifies Multiple MT Conductors at Broken Hill
Small Caps· 2026-02-26 22:33
Impact Minerals (ASX: IPT) has identified numerous near-surface conductive targets at its Broken Hill project in New South Wales following a single-line magnetotelluric (MT) survey supported by regional data reinterpretation.The data highlight a conductive corridor extending from approximately 20 kilometres depth toward the surface within its tenure, suggesting a potential lithospheric-scale mineral system.The survey results indicate a conductive corridor adjacent to the Redan Fault, which the company inter ...
Graycliff Exploration to Acquire Geologic Data Related to Its Shakespeare Gold Project
TMX Newsfile· 2026-02-26 22:30
Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - Graycliff Exploration Limited (CSE: GRAY) (OTC Pink: GRYCF) (FSE: GE0) (the "Company" or "Graycliff") is pleased to announce that it has executed an arm's length asset purchase agreement (the "Agreement"), dated February 26, 2026, with Mona McKinnon (the "Vendor"), contemplating the acquisition (the "Acquisition") of certain geologic data, core, pulp and material related to the Company's Shakespeare Project (the "Assets") from the Vendor for 2,300,00 ...
Grizzly Announces Significant Conductivity and Chargeability Anomalies Detected from Recent IP Survey at Sappho Critical Minerals Target, Greenwood, British Columbia
TMX Newsfile· 2026-02-26 22:17
Edmonton, Alberta--(Newsfile Corp. - February 26, 2026) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce that preliminary results have been received from Peter E. Walcott and Associates from an Induced Polarization (IP) program conducted in February 2026 to follow up excellent prior results from both surface sampling and historical drilling at the Sappho Critical Minerals Target (Figure 1). In light of the current escalating metal prices f ...