Mineral Exploration

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ExGen Updates Previous News Release
Globenewswire· 2025-06-05 16:10
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”, the “Company”): Further to the press release issued on May 6, 2025, ExGen was advised that Earl Hope currently holds 60,500 common shares of ExGen, which were purchased through a brokerage account prior to the execution of the investor relations agreement. Earl Hope may buy or sell common share ...
RT Minerals Corp. Completes Major UAV Magnetics Survey at Case Property, Ontario - High-Resolution Data to Guide Target Generation
Newsfile· 2025-06-05 12:30
Core Insights - RT Minerals Corp. has successfully completed a high-resolution UAV magnetics survey at its 100%-owned Case Property in Ontario, marking a significant milestone in its 2025 exploration program [1][5] Survey Details - The survey, conducted by Axiom Exploration Group Ltd., covered 687.5 line-kilometres with a primary line spacing of 50 metres, and select areas flown with 25-metre infill spacing to enhance resolution in complex geological zones [2] - The survey was flown at low altitudes to maximize resolution, and the data quality met or exceeded industry standards for UAV-acquired magnetometry [3] Strategic Implications - The high-resolution dataset will be integrated into existing geological and geochemical models, allowing the company to refine exploration focus, enhance structural interpretations, and identify potential drill targets [4] - The CEO of RT Minerals Corp. expressed strong encouragement regarding the quality and scale of the survey, indicating it provides a solid technical foundation for advancing high-priority targets [5] Company Overview - RT Minerals Corp. is a junior exploration company listed on the TSX Venture Exchange, holding a 100% interest in a portfolio of 12 properties related to rare earth elements, gold, and base metals in Ontario, Canada [5]
Maxus Mining Announces Acquisition of a Portfolio of High-Grade Antimony & Tungsten Projects
Globenewswire· 2025-06-05 12:00
Core Viewpoint - Maxus Mining Inc. has entered into a Property Option Agreement to acquire a 100% interest in one tungsten and three antimony exploration properties in British Columbia, covering a total of 4,122 hectares, which positions the company to capitalize on essential minerals for emerging technologies and energy [2][3][29] Group 1: Acquisition Details - The Agreement involves acquiring four new projects focused on antimony and tungsten, enhancing the company's mineral portfolio [3][21] - The total area of the properties includes approximately 3,700 hectares for antimony projects and 422 hectares for the Lotto Tungsten Project [2][29] - The acquisition will be financed through cash payments totaling $150,000, common share issuances worth $400,000, and a minimum of $1,000,000 in exploration expenditures [21][24] Group 2: Project Highlights - The Quarry Antimony Project has historical samples showing high grades of antimony, with one sample assaying 20% Sb, 0.89 g/t Au, and 42.5% Pb [4][31] - The Lotto Tungsten Project is located in a mineral-rich area and has historical samples with tungsten mineralization, including a sample that assayed 10.97% WO3 [7][8][31] - The Altura Antimony Project is strategically positioned near a recent high-grade antimony discovery, with assays up to 69.98% Sb [6][19][31] - The Hurley Antimony Project is adjacent to the Reliance Gold Project, which reported significant antimony results, including 19.2% Sb [9][10][32] Group 3: Geological Context - The properties are situated in a leading Canadian jurisdiction with extensive geological potential, underlain by various rock formations that support mineralization [5][14][29] - The Quarry property is characterized by mineralized quartz veins in limestone, while the Lotto Project features scheelite mineralization in quartz veins [4][7] - The geological setting of the Hurley and Altura projects indicates a strong correlation between gold and antimony, enhancing their exploration potential [9][17][32]
Inspiration Energy Announces DTC Eligibility and Upcoming Exploration Near Ramp Metals Discovery in Saskatchewan
Newsfile· 2025-06-05 07:01
Core Insights - Inspiration Energy Corp. has achieved DTC eligibility, enhancing the accessibility and liquidity of its shares for U.S. investors [1][2] - The company is set to begin exploration activities in Saskatchewan, strategically located near Ramp Metals Inc.'s recent discovery, which has attracted significant attention in the battery metals sector [3][6] - The CEO of Inspiration Energy expressed optimism about corporate growth and market access in the U.S. following the DTC eligibility [6] Company Overview - Inspiration Energy Corp. focuses on mineral exploration and acquisition of mineral property assets in Canada, aiming to develop properties of merit and unlock shareholder value [7]
Vortex Energy Corp. Announces Conversion of Debentures
Globenewswire· 2025-06-05 00:58
Core Points - Vortex Energy Corp. has announced the conversion of outstanding unsecured convertible debentures following notices of conversion from all holders [1] - The company issued the debentures on January 28, 2025, for a total principal amount of C$400,000, with accrued interest resulting in a total payable amount of C$413,916.36 [2] - To satisfy this amount, Vortex will issue 1,061,324 units at a conversion price of C$0.39 per unit, each unit consisting of one common share and one warrant [3] Company Overview - Vortex Energy Corp. is engaged in the acquisition, exploration, and development of mineral properties in North America, focusing on the Robinson River Salt Project and the Fire Eye Uranium Property [5]
Almadex Acquires Ruby Hill Silver-Gold Exploration Project by Staking, Surface Sampling returns 992 g/t Silver
Globenewswire· 2025-06-04 18:14
Core Viewpoint - Almadex Minerals Ltd. has acquired a 100% interest in the Ruby Hill early-stage exploration project in central Nevada, identified through its regional exploration program in the western USA [1] Group 1: Project Details - The Ruby Hill project features significant areas of argillic alteration and silicification within rhyolite volcanics, with historic mine workings indicating previous exploration efforts [2] - Preliminary sampling results are promising, with 12 out of 59 grab rock samples returning over 25 g/t silver, and 7 samples exceeding 100 g/t silver, with a maximum of 992 g/t silver and an average of 45 g/t silver [2] - Gold values are also notable, with 17 samples returning over 0.1 g/t gold, peaking at 0.94 g/t gold and averaging 0.10 g/t gold across all samples [2] Group 2: Geophysical Survey and Future Plans - A geophysical survey identified a significant chargeability anomaly, interpreted as a potential zone of alteration and sulphide development extending to depth [3] - The company plans follow-up prospecting, sampling, and geological mapping to target future drilling efforts based on the high IP chargeability area [3][4] Group 3: Company Overview - Almadex Minerals Ltd. holds a diverse mineral portfolio across Canada, the U.S., and Mexico, supported by in-house exploration capabilities and drilling equipment [8] - The company emphasizes its experience in porphyry lithocap exploration and aims to advance its projects in 2025, expecting it to be a significant year for growth [4][8]
Omega Pacific Outlines 2025 Exploration Program in the Revitalized Toodoggone District
Newsfile· 2025-06-04 13:10
Core Insights - Omega Pacific Resources Ltd. has announced its 2025 exploration strategy for the Williams Property in British Columbia's Toodoggone District, which is becoming a significant gold and copper-gold area with recent mineral discoveries [1] - The 2025 exploration program aims to build on the success of the 2024 gold discovery at the GIC Target, with an expected investment of over $50 million in exploration and development across the district [1][2] - The company plans to conduct drilling, mapping, and sampling to expand the GIC Target over a 12 km area, focusing on a specific 1,400 x 400 m target area [4][12] 2024 Exploration Highlights - The 2024 exploration program at Williams yielded positive results, with two out of four drill holes returning bulk tonnage gold intercepts and high-grade intervals [2] - All four drill holes intersected gold mineralization in multiple zones, indicating a robust epithermal gold system at GIC [2][6] 2025 Exploration Plans - The 2025 program will focus on expanding mineralization in the immediate east-west target area, which is bordered by known mineralization [4] - Historical drilling and surface sampling have indicated significant gold grades, with results such as 4.64 g/t Au over 8 m and surface samples returning 4-12 g/t Au [4][12] - The initial phase will involve 2,500 meters of diamond core drilling, with potential expansion to 5,000 meters depending on financing [12] Company Overview - Omega Pacific Resources is a Canadian mineral exploration company focused on discovering and developing precious metal projects in British Columbia [13] - The company emphasizes responsible exploration practices and aims to deliver long-term value to shareholders and stakeholders [13]
SAGA Metals Engages Paul McGuigan as its Qualified Person to Oversee Advancement of the Radar Ti-V-Fe Project in Labrador & Provides Corporate Update
Globenewswire· 2025-06-04 13:00
Core Viewpoint - SAGA Metals Corp. has appointed Paul McGuigan as the Qualified Person for the exploration and development of the Radar Ti-V-Fe Property in Labrador, leveraging his extensive experience in economic geology and mineral exploration management [1][2][3]. Company Overview - SAGA Metals Corp. is focused on the exploration and discovery of critical minerals that support the global transition to green energy, with key assets including the Double Mer Uranium Project and the Legacy Lithium Property [17][18][19]. - The company’s flagship Double Mer Uranium Project covers 25,600 hectares and features uranium radiometrics with samples as high as 0.428% U3O8 [17]. - The Legacy Lithium Property, developed in partnership with Rio Tinto, covers 65,849 hectares and shares geological continuity with other major players in the region [18]. Appointment of Qualified Person - Paul McGuigan, a Professional Geoscientist with 50 years of international experience, has been appointed as the Qualified Person for the Radar Ti-V-Fe Project [2][3]. - McGuigan has a strong background in economic geology, having led Cambria Geological Inc. for 37 years and worked on various feasibility-level projects [3][4]. Radar Ti-V-Fe Project Details - The Radar Property is 100% owned by SAGA and is located 10 km from Cartwright, Labrador, covering 24,175 hectares and benefiting from significant infrastructure [9]. - The Dykes River intrusive complex, part of the Radar Property, is recognized for its titanium-vanadium-iron rich layers and has geological similarities to large AMCG-type intrusions [10]. 2025 Winter Drill Program Highlights - The 2025 winter drill program has confirmed the presence of vanadiferous titanomagnetite, with notable intercepts including 20.2 meters grading 31.35% Fe, 6.32% TiO₂, and 0.435% V₂O₅ [13]. - Drilling has demonstrated oxide layering and associated magnetic anomalies to vertical depths of up to 300 meters, with current drilling testing just 1/40th of the identified 20 km strike extent [20]. Marketing Services Agreement - SAGA has entered into a marketing agreement with Maximus Strategic Consulting Inc. for a four-month period, with a fee of C$150,000 to promote the company and its projects [14][15].
Integral Metals Engages Geological Consultant for KAP Project Desktop Study and Resource Planning
Globenewswire· 2025-06-04 12:00
Core Viewpoint - Integral Metals Corp. has partnered with Understood Mineral Resources Ltd. to advance the KAP Project and prepare for a potential mineral resource estimate [1][2]. Group 1: Project Overview - The KAP Property is located in the Mackenzie Mountains of the Northwest Territories and is known for its zinc-lead mineralization consistent with a Mississippi Valley-Type system, along with gallium and germanium enrichment [2][4]. - A 4,000-metre drill program is planned for summer 2025, which will support the groundwork for a future National Instrument 43-101 mineral resource estimate [2][3]. Group 2: Work Program Details - UMR will lead a work program that includes compiling geological data, evaluating data quality, modeling mineralized zones based on historical drilling, and reviewing drill hole spacing standards for Inferred Mineral Resources [3]. - A Qualified Person site visit is planned for summer 2025, contingent on the success of the drilling program [3]. Group 3: Company Background - Integral Metals is focused on mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, aiming to contribute to the development of a domestic supply chain [4]. - The company holds properties in mining-friendly jurisdictions in Canada and the United States, including the Northwest Territories, Manitoba, and Montana, where it has received regulatory support for its exploration efforts [4].
Military Metals Announces Access Agreement at West Gore Past Producing Antimony Mine, Nova Scotia
Newsfile· 2025-06-04 11:30
Military Metals Announces Access Agreement at West Gore Past Producing Antimony Mine, Nova Scotia (1) Source: NI 43-101 Technical Report: May 25, 2021 by Battery Elements Corp All historical data have been compiled and are undergoing detailed review. The Company's 2025 field program is scheduled to include a high-resolution drone-based aeromagnetic survey the results of which will assist in the delineation of drill targets to test for additional mineralized zones associated with the historical West Gore ant ...