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DLP RESOURCES INC to Present at the Precious Metals & Critical Minerals Virtual Investor Conference February 11th, 2026
Globenewswire· 2026-02-04 13:35
Company Overview - DLP Resources Inc. is a mineral exploration company focused on copper and molybdenum, operating in Southeastern British Columbia and Peru [6] - The company is listed on TSX-V (DLP), OTCQB (DLPRF), and Frankfurt Stock Exchange (J8C) [6] Recent Developments - DLP Resources will present at the Precious Metals & Critical Minerals Virtual Investor Conference on February 11, 2026, with live Q&A sessions for investors [1][2] - The company is preparing for a drill program in 2026 at the Esperanza porphyry copper-molybdenum project in Southern Peru, where strong evidence for a buried porphyry system has been identified [5] - The Aurora project has an inferred maiden resource of 1.05 billion tonnes at 0.44% CuEq, with a Preliminary Economic Assessment (PEA) expected to be published in Q1 2026 [9] Project Highlights - The Esperanza project has shown coincident magnetic anomalies with copper and molybdenum rock chip anomalies, indicating potential for further exploration [5] - The Aurora project’s mineral resources were prepared by independent AMC Consultants and are effective as of January 31, 2025 [9]
Military Metals Drills 23.5 Meters of 3.3 g/t Gold Including 4.0 Meters of 10.52 g/t Gold and 1.9 Meters of 2.53% Antimony at Flagship Trojarova Project, Europe
TMX Newsfile· 2026-02-04 13:30
Core Insights - Military Metals Corp. has reported positive results from its drilling campaign at the Trojárová Antimony-Gold Project in Slovakia, confirming historical drilling results and indicating higher than expected gold grades [1][3] - The project is significant as it is the only antimony deposit in the European Union being advanced by modern exploration, aligning with the EU's goal of securing a domestic supply of critical minerals [3] Drilling Campaign Results - The results from hole 25-TVA-003 show consistent antimony grades and higher gold grades than anticipated, with notable intervals yielding 3.3 g/t gold over a true width of 20.2 meters [3][6] - Specific highlights include 4.0 meters of 10.52 g/t gold and 1.9 meters of 2.53% antimony, indicating strong mineralization potential [6] Project Background - The Trojárová Project has a historical resource estimate of 2.46 million tonnes averaging 2.47% antimony and 0.635 g/t gold, based on extensive exploration conducted from the 1980s to the 1990s [17][19] - The historical data is considered relevant for planning future exploration programs, although it has not been classified as current [20] Analytical Procedures - The drilling program utilized PQ and HQ sized drill core, with samples analyzed by ALS Laboratories in Romania using established geochemical methods [13][14] - A systematic QA/QC protocol was employed, including the insertion of certified reference materials and blank samples to ensure data reliability [15]
Core Silver Significantly Expands Copper-Molybdenum Footprint at Laverdiere Through Soil Sampling
Accessnewswire· 2026-02-04 13:30
differ materially from those in such forward-looking statements. Risks and uncertainties include that the Company may not, due to environmental, technological and other factors, be successful in expanding the mineralization footprint of the Projects as planned; that the Company may be unable to implement its plans to further explore at the Silver Lime Project and the Laverdiere Project, as applicable; that certain exploration methods, including the Company's proposed exploration model for the Blue Property, ...
Domestic Metals Initiates Geophysical Program at the Smart Creek Project and announces non-brokered Private Placement
Globenewswire· 2026-02-04 12:30
Core Viewpoint - Domestic Metals Corp. is significantly expanding its exploration efforts at the Smart Creek Project in Montana, driven by promising results from previous sampling programs and a new geophysical program aimed at refining drilling targets for upcoming diamond drilling activities scheduled for Q1/Q2 2026 [1][2][4]. Exploration and Geophysics - The company has engaged TMC Geophysics to conduct 27 line-kilometers of electrical geophysics (Induced Polarization) at the Smart Creek Project to enhance historical IP coverage and refine drill target locations [1]. - The 2025 surface sampling program revealed high-grade results, including up to 102 g/t gold, 23% copper, and 3,810 g/t silver, which expanded the mineralized footprint and identified new targets for exploration [2][4][7]. Financing and Private Placement - Domestic Metals announced a non-brokered private placement of up to 12,500,000 units at a price of $0.28 per unit, aiming for gross proceeds of up to $3,500,000 [3]. - Each unit consists of one common share and one common share purchase warrant, with the warrants allowing the purchase of additional shares at $0.40 for two years [3]. - The net proceeds from the offering are intended for exploration at the Smart Creek Project and general working capital [5]. Management and Strategic Goals - The CEO of Domestic Metals highlighted the increased exploration budget to accommodate additional geophysics and up to 9,000 meters of diamond drilling, emphasizing the significant market interest generated by recent high-grade mineralization discoveries [4]. - The Smart Creek Project is strategically located in Montana, featuring widespread copper mineralization and multiple attractive exploration targets [11]. Technical Information - All scientific and technical information has been reviewed by a qualified person, ensuring compliance with National Instrument 43-101 standards [9]. Company Overview - Domestic Metals Corp. focuses on discovering large-scale copper and gold deposits in historically significant mining areas across the Americas, aiming to identify new economic mineral deposits [10].
SAGA Metals Achieves 100% Drilling Success in 2025—Reports Final Assays from Trapper South at Radar Critical Minerals Project in Labrador
Globenewswire· 2026-02-04 12:30
Core Viewpoint - SAGA Metals Corp. has reported exceptional assay results from its drilling program at the Trapper Zone, indicating high grades of titanium, vanadium, and iron across all completed drill holes, which supports the potential for a robust mineral resource definition in the area [1][12]. Group 1: Drilling Results - The company completed a total of eight drill holes in the Trapper Zone, with four in Trapper South, yielding significant oxide-rich intercepts [1][6]. - Notable assay results include: - R-0015: 100.70 m grading 38.56% Fe2O3, 6.80% TiO2, and 0.229% V2O5 [5][6]. - R-0014: 41.20 m grading 36.17% Fe2O3, 6.36% TiO2, and 0.188% V2O5 [5][6]. - R-0013: 111.50 m grading 37.08% Fe2O3, 5.14% TiO2, and 0.242% V2O5 [5][6]. - R-0012: 75.20 m grading 27.39% Fe2O3, 4.87% TiO2, and 0.116% V2O5 [5][6]. Group 2: Geological Insights - The Trapper Zone exhibits a continuous oxide layering trend extending over 16 km, with consistent mineralization patterns observed between the Trapper and Hawkeye Zones [8][10]. - The geological team has identified significant oxide concentrations in cross-sections S8 and S7, indicating the potential for additional high-grade oxide layering throughout the Trapper Zone [9][12]. Group 3: Project Overview - The Radar Titanium-Vanadium-Iron property spans 24,175 hectares and is strategically located near Cartwright, Labrador, with access to infrastructure such as roads and a deep-water port [19][20]. - The project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [20][25].
New Age Metals Initiates 2026 Platinum Group Metal Exploration At River Valley, Ontario
Thenewswire· 2026-02-04 12:15
Core Viewpoint - New Age Metals Inc. has initiated its 2026 platinum group metal exploration program at the River Valley Project, aiming to expand its PGM portfolio through strategic acquisitions and exploration efforts [1][10]. Exploration Program - The exploration program consists of a two-phase approach, with Phase 1 focusing on a DasVision 3D Induced Polarization (IP) survey over the Mustang Zone, which is underexplored [2][3]. - The survey is being conducted by Abitibi Geophysics, a recognized provider of geophysical services, and aims to generate high-priority drill targets [2][4]. Objectives and Goals - The primary goals of the DasVision survey include generating mineral resource targets for in-fill drilling, exploring along strike and at depth for resource expansion, covering gaps in historical surveys, and mapping the Mustang Zone's geometry in 3D [14][16]. - The survey will cover 53 line-km and is expected to achieve a depth of investigation of at least 350 meters below the surface, significantly deeper than previous drilling efforts [15]. Market Context - Platinum and copper prices are at multi-year highs, with palladium and rhodium prices rebounding from lows, enhancing the strategic value of PGM-Cu exploration [6][10][22]. - The macroeconomic environment for critical metals is currently favorable for the mining industry, supporting the exploration initiatives [10]. Company Strategy - New Age Metals is pursuing a joint venture strategy for the Mustang Zone to attract a strategic PGM partner while focusing on the development of its core River Valley resource area [6][10]. - The company maintains ongoing engagement with the Nipissing First Nation as part of its commitment to community relations [6]. Historical Context - The Mustang Zone has not undergone systematic exploration since 2002, making it relatively underexplored compared to the main River Valley mineralized trend [23]. - Historical exploration by Mustang Minerals and subsequent acquisition by New Age Metals in 2016 laid the groundwork for current exploration efforts [20][21]. Mineral Resource Estimates - The current mineral resource estimates for the Mustang Zone indicate significant potential, with inferred resources totaling approximately 31,215,000 tonnes, containing 273,490 ounces of palladium and 171,540 ounces of platinum [27]. - The estimates reflect a lower confidence level for inferred resources, which could potentially be upgraded with continued exploration [29].
Sama Resources and Ivanhoe Electric Commence 2026 Regional Exploration Program at the Polymetallic Samapleu-Grata Nickel-Copper Project, Cote d'Ivoire
Thenewswire· 2026-02-04 12:00
Core Insights - Sama Resources Inc. and Ivanhoe Electric Inc. have initiated a regional exploration program for the Samapleu-Grata Nickel-Copper Project in Côte d'Ivoire for 2026, focusing on discovering new high-grade polymetallic mineralization [1][2] Project Overview - The Samapleu-Grata Project consists of the Samapleu and Grata Deposits, which were the focus of the 2024 Preliminary Economic Assessment (PEA) [2] - The project operates as a 60/40 joint venture, with Ivanhoe Electric holding a 60% interest and also owning 22.7% of Sama's common shares [2] Exploration Program Details - The 2026 exploration program aims to identify over 20 high-priority electromagnetic (EM) targets across the 879 km² land package, building on the previous year's limited exploration success [3] - Drilling is set to begin in early February 2026, focusing on high-priority EM targets within the Glanlé and Zoupleu permits, with a ground gravity survey planned to cover all remaining untested EM anomalies [4] Recent Discoveries - The discovery of new polymetallic mineralization at the Mossikro Prospect, located 10 kilometers south-southwest of the 2024 PEA Area, supports the regional exploration model and indicates the district-scale potential of the project [5] Environmental and Social Studies - Alongside exploration, the company is advancing environmental and social baseline studies to support future mining permit applications, including wildlife inventories and groundwater sampling [6][7][8] Technical and Operational Standards - Core logging and sampling are conducted at Sama's facilities, with sample preparations at Bureau Veritas Mineral Laboratory in Côte d'Ivoire, and assays performed for various metals including Ni, Cu, Co, Fe, S, Pt, Pd, and Au [10] Company Background - Sama Resources is a Canadian-based resource company focused on the Samapleu nickel-copper project in Côte d'Ivoire, with a commitment to advancing the project and a strong management team with a track record of discovery [17]
Surge Battery Metals Closes Fully-Subscribed Non-Brokered Private Placement for Gross Proceeds of $25M
TMX Newsfile· 2026-02-04 12:00
Core Viewpoint - Surge Battery Metals Inc. has successfully closed a non-brokered private placement, raising a total of $25,000,000 to support its Nevada North Lithium Project and enhance its financial position [1][3]. Group 1: Private Placement Details - The private placement raised gross proceeds of $19,999,800 through the LIFE Offering by issuing 22,222,200 units at a price of $0.90 per unit [1]. - An additional $5,000,202 was raised through a Concurrent Offering by issuing 5,555,780 units at the same price of $0.90 per unit [1]. - Each Offered Unit consists of one common share and one-half of a common share purchase warrant, with each full warrant allowing the purchase of one common share at an exercise price of $1.35 until February 3, 2029 [2]. Group 2: Use of Proceeds - The proceeds from the private placement will be allocated to costs related to the preliminary feasibility study and definitive feasibility study for the Nevada North Lithium Project, as well as general working capital [5]. Group 3: Financial Advisor and Finder's Fees - The company paid aggregate finder's fees of $1,206,171.86 and issued 1,307,243 finder's warrants, each exercisable for one common share at a price of $1.35 until February 3, 2029 [4]. Group 4: Insider Participation - Insiders participated in the Concurrent Offering, which is classified as a "related party transaction" but is exempt from formal valuation and minority shareholder approval requirements due to its fair market value being below 25% of the company's market capitalization [6].
Sorrento Resources Announces Listed Issuer Financing Exemption (LIFE) Non-Brokered Private Placement
TMX Newsfile· 2026-02-04 10:30
Core Viewpoint - Sorrento Resources Ltd. is conducting a non-brokered private placement to raise up to CDN$2,000,000 through the issuance of 8,000,000 units at CDN$0.25 per unit [1]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable at $0.35 per share for 24 months from closing [2]. - The offering is being conducted under the LIFE Exemption, allowing it to be offered to purchasers in all Canadian provinces except Quebec, with no hold period for the issued units [3]. - The company may pay a finder's fee of up to 6% of the gross proceeds and issue non-transferable warrants equal to 6% of the units sold, also exercisable at $0.35 [4]. Group 2: Use of Proceeds and Closing - The net proceeds from the offering will be allocated for exploration expenditures, marketing, promotion, and general working capital [5]. - The offering is expected to close on or about February 27, 2026, subject to necessary approvals, including from the Canadian Securities Exchange [5]. Group 3: Company Overview - Sorrento Resources Ltd. focuses on the acquisition, exploration, and development of mineral properties in Canada, including projects like Bottom Brook, Rodgers Cove Gold, and Harmsworth [7].
First Atlantic Nickel Reports $1,977,600 in Warrant Exercise Proceeds; All $0.20 Warrants Now Expired
TMX Newsfile· 2026-02-04 01:30
Core Viewpoint - First Atlantic Nickel Corp. has successfully raised a total of $1,977,600 through the exercise of warrants and finder's units, significantly reducing the dilutive overhang for shareholders following the expiration of unexercised warrants [1][2]. Group 1: Financial Activities - The company received gross proceeds of $1,886,000 from the exercise of 9,430,000 warrants, with 6,810,000 warrants exercised in January 2026 alone, contributing $1,362,000 [2]. - Additionally, 332,000 finder's units were exercised for gross proceeds of $33,200, leading to the issuance of 332,000 common share purchase warrants [2]. - The total gross proceeds from all warrant, finder's units, and finder's warrants exercises amounted to $1,977,600 [2]. Group 2: Upcoming Offerings - The company has arranged a non-brokered private placement of common shares at a price of $0.18 per share, aiming to raise up to $3,000,000 [3]. - The offering is expected to consist of approximately 16,666,667 shares [3]. - Proceeds from the offering will be used to advance projects, satisfy option payment obligations, manage mineral claims, and cover general administrative expenses [4]. Group 3: Regulatory Compliance - The shares will be offered to purchasers in Canada (excluding Quebec) under the Listed Issuer Financing Exemption, which is expected to exempt the shares from a statutory hold period [5]. - The offering is subject to regulatory approvals, including that of the TSX Venture Exchange, and is expected to close in tranches by February 27, 2026 [7].