Mineral Exploration and Development
Search documents
Analyst Lowers Price Target on Vizsla (VZLA) After Site Feasibility Updates
Yahoo Finance· 2026-02-10 17:20
Core Viewpoint - Vizsla Silver Corp. (NYSE:VZLA) is identified as a high-upside materials stock, with recent updates leading to a revised price target of C$10 from C$10.50 while maintaining an Outperformer rating [1]. Group 1: Company Updates - Vizsla Silver Corp. completed a feasibility study in November 2025, projecting an annual silver-equivalent production of 17.4 million ounces over a mine life of 9.4 years, with an after-tax net present value of $1.8 billion and an internal rate of return of 111% at silver priced at $35.50 per ounce and gold at $3,100 per ounce [1]. - The company secured $300 million in project financing through a five-year convertible notes issuance, featuring a 5% coupon and a conversion price of $10.54 per share [1]. - For 2026, Vizsla plans to advance detailed engineering, continue a test mine program, conduct 60,000 meters of diamond drilling, and complete airborne surveys, with expectations to receive an environmental permit by mid-year and target first silver production in the second half of 2027 [2]. Group 2: Company Profile - Vizsla Silver Corp. is a mineral exploration and development company focused on acquiring, exploring, and developing mineral resource properties, including a silver-gold project located in Sinaloa, Mexico [3].
Brazil Potash Reports Significant Site Progress Including Federal Water Rights Approval, Indigenous Community Partnership Advancement, and Construction Financing Initiatives
Globenewswire· 2026-02-10 13:00
Core Insights - Brazil Potash Corp. has made significant progress on the Autazes Potash Project, including obtaining federal water extraction rights, initiating partnerships with indigenous communities, and advancing construction financing initiatives [1][2]. Water Extraction Rights - Brazil Potash has received approval from Brazil's National Water and Sanitation Agency (ANA) to extract up to 2,400 cubic meters of water per hour from the Rio Madeira for potash processing, amounting to approximately 10.5 million cubic meters annually for a 10-year term [3]. - This approval allows the company to optimize its design by eliminating the need for sixteen deep groundwater wells, thereby reducing construction costs [4]. Indigenous Community Partnership - WSP Global has begun technical support activities with the Mura Indigenous communities to refine their development priorities and enhance community wellbeing [6][7]. - The initiative aims to respect the autonomy and cultural values of the Mura communities while ensuring they benefit from the project [8]. Infrastructure Financing - Brazil Potash has received proposals for third-party funding to Build, Own, Operate and Transfer (BOOT) key infrastructure components, which could lower the company's capital requirements [9]. - Discussions with Global Development Finance Institutes (DFIs), Export Credit Agencies (ECAs), and major equipment suppliers for construction financing are progressing well [10]. Project Significance - The Autazes Project is positioned to supply sustainable fertilizers to Brazil, which currently imports over 95% of its potash fertilizer, despite having significant undeveloped potash resources [11]. - The project aims for an initial annual production capacity of up to 2.4 million tons, potentially meeting approximately 20% of Brazil's current potash demand and reducing greenhouse gas emissions by about 1.4 million tons per year [11].
Searchlight Completes Sale of Kulyk Lake and Daly Lake Projects to Monazite Metals Corp.
TMX Newsfile· 2026-02-09 13:00
Core Viewpoint - Searchlight Resources Inc. has successfully closed an agreement with Monazite Metals Corp. to sell its Kulyk Lake and Daly Lake projects, allowing the company to focus on its flagship gold projects near Flin Flon [1][2]. Agreement Details - The MMC Agreement is an arms-length transaction with Monazite Metals Corp., a private corporation based in British Columbia [2]. - The total compensation for the sale includes $180,000 in cash, $1,020,000 in shares of Monazite Metals, a $300,000 payment contingent on achieving certain milestones, and a 1% Net Smelter Royalty [8]. Company Focus - Searchlight Resources is shifting its exploration efforts towards its gold projects, particularly the reopening of the estimated 1,500 meters of underground workings at the high-grade Rio Gold Mine [2]. - The company is recognized for its focus on mineral exploration and development in Saskatchewan, which is noted as a top location for mining investment in Canada [5].
NexMetals Announces Board Resignation and Appointment
TMX Newsfile· 2026-02-09 12:00
Company Changes - Morgan Lekstrom has resigned from the board of directors of NexMetals Mining Corp. effective immediately [1] - Sean Whiteford, the Company's Chief Executive Officer, has been reappointed to the Board to fill the vacant seat [1] Leadership Background - Mr. Lekstrom joined the Board in March 2025 and served as CEO until January 15, 2026, during which he led the restructuring of the Company in 2025 [2] - Paul Martin, Chairman of the Board, expressed gratitude for Mr. Lekstrom's contributions and wished him well in future endeavors [2] Company Overview - NexMetals Mining Corp. is a mineral exploration and development company listed on TSX.V and NASDAQ, focusing on redeveloping the Selebi and Selkirk copper-nickel-cobalt-platinum group element mines in Botswana [2] - The Company has confirmed that the scale of mineralization is larger than historical estimates, supported by NI 43-101-compliant resource estimates [2] - Ongoing programs include down-hole geophysics, drilling, and metallurgical studies aimed at expanding resources and supporting future economic studies [2] - The management and technical team has a proven track record in global mineral projects, emphasizing disciplined execution and long-term stakeholder value creation [2]
QGold Engages IRPub for Investor Relations and Clarifies Statements Made in Management Information Circulars Respecting Mr. Stan Bharti's Holdings
Globenewswire· 2026-02-06 23:00
Core Viewpoint - Q-Gold Resources Ltd. is clarifying its disclosure regarding the beneficial ownership of its executive chairman, Mr. Stan Bharti, and has entered into an investor relations agreement to enhance its visibility with potential investors [1][2]. Group 1: Company Disclosure - The British Columbia Securities Commission prompted Q-Gold to issue a press release to clarify the beneficial ownership reported for Mr. Stan Bharti, who currently holds 11,753,526 common shares of the Company [1]. - Mr. Bharti has submitted updated reports to The System for Electronic Disclosure by Insiders (SEDI) [1]. Group 2: Investor Relations Agreement - Q-Gold has signed an investor relations agreement with IRP Holdings Corporation, effective February 3, 2026, for a total cost of US$150,000, payable in advance, for a 3–4-month period [2]. - The agreement aims to assist Q-Gold in enhancing its visibility with potential investors through various marketing strategies [2]. - IRPub is an arm's length party from Q-Gold and does not hold any interest in the Company's securities [2]. Group 3: Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in North America [3]. - The Company is listed on the TSX Venture Exchange, OTCQB market in the U.S., and Börse Frankfurt [3]. Group 4: Project Focus - Q-Gold is committed to progressing its portfolio of gold and silver assets, with a primary focus on the Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario [4]. - The Company emphasizes resource expansion through systematic exploration and disciplined project development in mining-friendly jurisdictions [4].
QGold Engages IRPub for Investor Relations and Clarifies Statements Made in Management Information Circulars Respecting Mr. Stan Bharti’s Holdings
Globenewswire· 2026-02-06 23:00
Core Viewpoint - Q-Gold Resources Ltd. is clarifying its disclosure regarding the beneficial ownership of its executive chairman, Mr. Stan Bharti, and has entered into an investor relations agreement to enhance its visibility with potential investors [1][2]. Group 1: Company Disclosure - The British Columbia Securities Commission prompted Q-Gold to clarify the beneficial ownership reported for Mr. Stan Bharti, who currently holds 11,753,526 common shares of the Company [1]. - Mr. Bharti has submitted updated reports to The System for Electronic Disclosure by Insiders (SEDI) [1]. Group 2: Investor Relations Agreement - Q-Gold has signed an investor relations agreement with IRP Holdings Corporation, effective February 3, 2026, for a total cost of US$150,000, payable in advance, for a 3–4-month period [2]. - IRPub will assist Q-Gold in enhancing its visibility through various marketing channels, and it is an arm's length party with no current ownership in Q-Gold [2]. Group 3: Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in North America [3]. - The Company is committed to progressing its portfolio of gold and silver assets, with a primary focus on the Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario [4].
Bunker Hill Announces Engagement of Independent Trading Group as Market Maker
Globenewswire· 2026-02-06 00:44
Core Viewpoint - Bunker Hill Mining Corp. has engaged Independent Trading Group (ITG) for market-making services to enhance liquidity and maintain a reasonable market for its shares, pending regulatory approval [1]. Group 1: Agreement Details - ITG will receive a monthly compensation of CAD $6,500, paid in advance, with an initial term of one month that can be renewed monthly unless terminated [2]. - The agreement allows either party to terminate with 30 days' notice and does not include performance factors or compensation in shares or options [2]. Group 2: Company Overview - Bunker Hill Mining Corp. is focused on the restart of the historic Bunker Hill Mine, a past-producing asset for zinc, lead, and silver located in Idaho's Coeur d'Alene Mining District [4]. - The company aims to unlock the remaining value of this brownfield asset through modern exploration and responsible mining practices, with a strategic focus on maximizing shareholder value [4]. Group 3: ITG Overview - Independent Trading Group (ITG) is a Toronto-based dealer specializing in market making, liquidity provision, and algorithmic trading solutions, established in 1992 [3]. - ITG utilizes proprietary technology to deliver high-quality liquidity and execution services to public issuers and institutional investors [3].
Eloro Resources Accepted into the US Defense Industrial Base Consortium
TMX Newsfile· 2026-02-04 14:50
Core Viewpoint - Eloro Resources Ltd. has been selected to join the U.S. Defense Industrial Base Consortium (DIBC), highlighting its commitment to responsible resource development and its potential role in supporting secure supply chains for critical materials [1][2]. Group 1: Company Participation and Recognition - Eloro's participation in the DIBC is seen as a significant milestone, reflecting the strategic importance of mineral security and the need for trusted partners in national security objectives [3]. - Eloro is the first exploration and development member from Bolivia in the DIBC, which has a total of 1,452 members, emphasizing its unique position in recognizing strategic and critical metals within the Iska Iska Silver/Tin polymetallic system [3]. Group 2: Technical Expertise and Contributions - The company aims to contribute its technical expertise to advance collaborative solutions that support defense, economic resilience, and the integrity of strategic supply chains [4]. Group 3: Company Overview - Eloro Resources Ltd. is an exploration and mine development company with a portfolio of precious and base-metal properties in Bolivia, Peru, and Quebec [4]. - The company holds a 99% joint venture interest and a 100% economic participation interest in the Iska Iska Property, a significant polymetallic deposit in Bolivia [4]. - Eloro also owns an 82% interest in the La Victoria Gold/Silver Project located in Peru [4].
New Age Metals Releases Sustainability Report for 2024-2025
Thenewswire· 2026-02-02 13:45
Core Insights - New Age Metals Inc. (NAM) has released its ESG/Sustainability Report for the year 2024-2025, focusing on its newly acquired properties in Newfoundland and Labrador and the Alaska Genesis PGM-Cu-Ni Project [1][2] Group 1: ESG Commitment and Stakeholder Engagement - The company emphasizes the importance of engaging with key stakeholders, including First Nations and local communities, before advancing any projects [5][6] - NAM believes that long-term sustainability relies on a strong commitment to environmental, social, and governance (ESG) principles, which enhances project success and fosters meaningful partnerships [6][8] - The report aligns with frameworks from TCFD and SASB to ensure adherence to industry best practices [7] Group 2: Exploration and Project Development - Exploration activities during the reporting period were limited to reconnaissance field visits and surface sampling, with minimal fuel use and no significant water sourcing [7] - The company has completed Phase 1 and Phase 2 exploration for its Antimony-Gold division, successfully delineating multiple gold-antimony trends and planning follow-up exploration [11] - NAM has expanded its Bonanza Ridge Gold and Critical Metals Project through option agreements, adding approximately 5,216 hectares of prospective ground [12] Group 3: Strategic Acquisitions and Partnerships - On January 21, 2026, NAM announced the acquisition of the Northern Shield PGM-Copper-Nickel Project in Ontario's Ring of Fire, marking a step in its expansion strategy [11] - The company is developing its Lithium Division in partnership with Mineral Resources Ltd., focusing on hard rock lithium and rare elements [15] - NAM is actively seeking joint venture partners for its Genesis PGM-Cu-Ni Project in Alaska, with results from the Summer/Fall Program expected by year-end [18] Group 4: Research and Development Initiatives - NAM is involved in a $1.5 million NSERC Alliance grant aimed at advancing Canada's critical metals sector, particularly targeting its Bird River lithium properties [16] - The company supports a $180,000 Mitacs research grant focused on lithium pegmatite mineralization, collaborating with academic institutions to enhance exploration programs [17]
NexMetals Appoints David Eichenberg as Vice President, Geology and Grants Equity Incentive Awards
TMX Newsfile· 2026-02-02 12:00
Core Insights - NexMetals Mining Corp. has appointed Mr. David Eichenberg as Vice President of Geology, effective immediately, bringing 28 years of global mining experience to the company [1][2] - The company has granted equity incentive awards, including 134,300 restricted share units (RSUs) and 50,000 stock options, to certain officers, employees, and consultants [3][4] Company Developments - Mr. Eichenberg has a strong background in geoscience, having held senior roles at DeBeers and Rio Tinto, and is recognized for his ability to build high-performing technical teams [2] - The RSUs granted will vest over a period of three years, with 47,800 RSUs vesting on the first anniversary and the remaining 86,500 RSUs vesting in two equal parts on the second and third anniversaries [3] - The stock options have an exercise price of C$8.00 per share and will vest immediately, with a two-year term from the date of grant [4] Company Profile - NexMetals Mining Corp. is focused on redeveloping the Selebi and Selkirk copper-nickel-cobalt-platinum group element mines in Botswana, with confirmed mineralization larger than historical estimates [5] - The company emphasizes disciplined execution, transparent governance, and long-term stakeholder value creation, supported by a management team with a proven track record in global mineral projects [5]