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Lexston Mining Corporation Closed the Fully Subscribed Private Placement
Thenewswire· 2025-07-21 17:20
 Vancouver, British Columbia – TheNewswire - July 21, 2025 - Lexston Mining Corporation (the “Company” or “Lexston”) (CSE: LEXT) (OTC: LEXTF) (Frankfurt: W5G) is pleased to announce that further to its news release dated June 27, 2025, the Company closed a non-brokered private placement and raised gross proceeds of $625,235 through the issuance of 7,355,704 common shares at a price of $0.085 per share (the “Private Placement”).  589,118 of the total was issued as flow-through shares. The Company plans to u ...
Fancamp Regains Control of One of the World's Largest Iron Titanium Historic Deposits: Announces Results of Magpie Mines AGM
GlobeNewswire News Room· 2025-07-21 12:30
VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) -- Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX Venture Exchange: FNC) announces that at the Annual General Meeting (“AGM”) of the shareholders of The Magpie Mines Inc. (“Magpie Mines”) held on July 17, 2025 in Montréal, Québec, the shareholders of Magpie Mines voted to set the number of Directors at three and to elect Rajesh Sharma, Mark Billings and Charles Tarnocai as the Directors of Magpie Mines. Magpie Mines has appointed th ...
Fancamp Regains Control of One of the World’s Largest Iron Titanium Historic Deposits: Announces Results of Magpie Mines AGM
Globenewswire· 2025-07-21 12:30
VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) -- Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX Venture Exchange: FNC) announces that at the Annual General Meeting (“AGM”) of the shareholders of The Magpie Mines Inc. (“Magpie Mines”) held on July 17, 2025 in Montréal, Québec, the shareholders of Magpie Mines voted to set the number of Directors at three and to elect Rajesh Sharma, Mark Billings and Charles Tarnocai as the Directors of Magpie Mines. Magpie Mines has appointed th ...
Proposed Consolidation of Shares
Globenewswire· 2025-07-21 11:30
Vancouver, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) (OTCPK: FAUMF) (the “Company”) announces that the Company intends to consolidate the common shares in the capital of the Company (the “Shares”) on the basis of one (1) post-consolidated Share for each two (2) pre-consolidated Shares (the “Consolidation”). The Company currently has 12,247,181 Shares issued and outstanding on a pre-consolidation basis. If the proposed Consolidation is undertaken, t ...
Nova Minerals Ramps Up Drilling at RPM
Globenewswire· 2025-07-21 10:30
Core Viewpoint - Nova Minerals Limited has commenced its 2025 drilling program at the high-grade RPM deposit, with initial geological observations showing promising results and expectations for assay results in the coming months [1][3][4]. Group 1: Drilling Program Details - The drilling program includes two diamond drill rigs and one reverse circulation (RC) rig operating continuously during daylight hours in Alaska [1]. - Initial drillholes in the RPM Valley zone have shown promising sulfide mineralization and quartz veining, extending the understanding of the mineralized intrusive body further north [3][5]. - The RC drilling program has effectively penetrated glacial till, confirming the presence of mineralized valley-fill material with an average of over 1g/t gold across surface samples, extending approximately 1.7 kilometers with an estimated thickness of nearly 40 meters [4][5]. Group 2: Resource Expansion and Exploration - The diamond drilling at RPM North is focused on testing extensions to the east and west to connect with the RPM Valley zone, while an additional rig targets resource expansion [5]. - Initial closed spaced RC drilling in the Korbel starter pit area has been completed, with samples to be sent for analysis shortly [5]. - Further exploration activities, including mapping, sampling, environmental studies, and access road projects, are ongoing as part of the Pre-Feasibility Study (PFS) [5]. Group 3: Project Overview - Nova Minerals Limited is focused on advancing the Estelle Project, which encompasses 514 km of mining claims in Alaska, containing multiple mining complexes and over 20 advanced gold and antimony prospects [11][13]. - The project is located in the Tintina Gold Belt, known for its significant gold endowment exceeding 220 million ounces [11][13].
Q2 Metals Defines Initial Exploration Target of 215 to 329 Million Tonnes at the Cisco Lithium Project in James Bay, Quebec, Canada
Globenewswire· 2025-07-21 08:00
Highlights The initial Exploration Target estimates a range of lithium mineralization at the Cisco Project from 215 to 329 Mt at a grade ranging from 1.0 to 1.38 % Li2O. Based only on the first 40 holes drilled to date. Drill testing continues with mineralization open at depth and along strike with potential for significant expansion at the Cisco Mineralized Zone. The 2025 Summer Program is ongoing, with rolling assay results anticipated into Q3 2025 as the Company works towards a maiden resource estimate. ...
Q2 Metals Defines Initial Exploration Target of 215 to 329 Million Tonnes at the Cisco Lithium Project in James Bay, Quebec, Canada
GlobeNewswire News Room· 2025-07-21 08:00
Highlights The initial Exploration Target estimates a range of lithium mineralization at the Cisco Project from 215 to 329 Mt at a grade ranging from 1.0 to 1.38 % Li2O. Based only on the first 40 holes drilled to date. Drill testing continues with mineralization open at depth and along strike with potential for significant expansion at the Cisco Mineralized Zone. The 2025 Summer Program is ongoing, with rolling assay results anticipated into Q3 2025 as the Company works towards a maiden resource estimate. ...
Electrum Discovery Announces Results from Petrological Study and Outlines New Targets at Karamanica at the Novo Tlamino Project
Thenewswire· 2025-07-21 06:00
Vancouver, Canada, July 21, 2025 – TheNewswire - Electrum Discovery Corp. ("Electrum" and/or the "Company") (TSX-V:ELY | FRA:R8N | OTC:ELDCF) is pleased to share results from a petrographic study on the Karamanica Prospect, part of its Novo Tlamino Project  ("Novo Tlamino" and/or the "Project") in southern Serbia. Furthermore, the Company reports that recent field prospecting has confirmed gold-bearing structures across three newly identified target areas at the Karamanica Prospect.Highlights: Petrographi ...
World's Largest Pollucite-Hosted Caesium Pegmatite Mineral Resource Defined at Shaakichiuwaanaan
Prnewswire· 2025-07-20 21:00
Core Insights - The company has confirmed the world's largest pollucite-hosted caesium pegmatite deposit at the Shaakichiuwaanaan Project, with a maiden Mineral Resource Estimate (MRE) for the Rigel and Vega zones [4][8][11] - The total contained caesium content is 30.5 kt Cs2O Indicated and 40.8 kt Cs2O Inferred, highlighting the scale and global significance of the discovery [4][8][11] - The caesium resources are included within the CV13 Pegmatite open-pit resource, which forms part of the company's consolidated MRE for the project [4][8][11] Mineral Resource Estimate - Rigel Caesium Zone: Indicated 163,000 t at 10.25% Cs2O, 1.78% Li2O, and 646 ppm Ta2O5 [11] - Vega Caesium Zone: Indicated 530,000 t at 2.61% Cs2O, 2.23% Li2O, and 172 ppm Ta2O5; Inferred 1,698,000 t at 2.40% Cs2O, 1.81% Li2O, and 245 ppm Ta2O5 [11] - The consolidated MRE includes Indicated 108.0 Mt at 1.40% Li2O, 0.11% Cs2O, and Inferred 33.4 Mt at 1.33% Li2O, 0.21% Cs2O [20] Market Potential - Caesium is a high-value, rare, and critical mineral currently supply constrained, with limited sources supplying the global market [4][17] - The discovery has the potential to be a primary source of supply for global markets, including applications in next-generation terrestrial solar panel technologies [4][17] - The market for caesium compounds is largely opaque, trading through bi-lateral contracts, with caesium carbonate currently trading at approximately US$120/kg and refined caesium metal around US$2,540/oz [16][17] Next Steps - The company is evaluating options to advance and incorporate the caesium opportunity at CV13 as a potential additional saleable product following the completion of the lithium-only Feasibility Study on the CV5 Pegmatite [19][21] - A scoping metallurgical program has commenced to test pollucite recovery using conventional X-ray ore sorting methods [21] - The company remains on track to deliver a maiden Ore Reserve and Feasibility Study for lithium at the CV5 Spodumene Pegmatite in CYQ3-2025 [4][22]
Happy Creek Minerals raises $3.2M for Fox tungsten project drilling - ICYMI
Proactiveinvestors NA· 2025-07-19 13:26
Financing and Exploration Plans - Happy Creek Minerals Ltd. announced a $3.2 million financing to support exploration at the Fox tungsten project [1][4] - The funds will be allocated to a 10,000-metre drill program aimed at expanding the current resource, which is approximately 1 million tons with a tungsten grade over 1% [1][6] Resource Expansion Goals - The drilling program aims to significantly increase the resource to a target range of 3 to 5 million tons, establishing the Fox project as a substantial tungsten deposit globally [2][7] - The current resource is composed of half indicated and half inferred, indicating a high degree of confidence in the geological understanding [7] Investor Interest and Market Context - The financing has attracted institutional investors, including Waratah Capital and Power One, who recognize tungsten as a critical metal for future applications, particularly in military uses [5][4] - The project is positioned in the Cariboo district of British Columbia, providing good access to infrastructure and resources, which enhances its attractiveness to investors [8]