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Drilling Underway at The New Hope Copper Porphyry Project, Arizona, USA
Globenewswire· 2026-02-03 21:03
VANCOUVER, British Columbia, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to announce that drilling has recommenced at the Company’s wholly owned New Hope copper-gold Project in Arizona. The first hole of the program is underway once again after it was initially collared in December of 2025 prior to the Christmas break. This first hole is targeting an area of veining mapped at surface that is coincident with an IP chargeability geophysical an ...
Carlyle Commodities Announces Second Increase of Private Placement to $4,150,000 in Connection with Proposed Transaction with Silver Pony Resources
TMX Newsfile· 2026-02-03 20:25
Core Viewpoint - Carlyle Commodities Corp. has successfully upsized its non-brokered private placement by an additional $400,000, bringing the total gross proceeds to $4,150,000 due to strong investor demand [1][2]. Group 1: Private Placement Details - The additional third tranche of the private placement is expected to generate approximately $400,000, subject to customary closing conditions and regulatory approvals [2]. - The private placement involves the issuance of subscription receipts at a price of $0.01 per receipt, which will convert into units upon satisfaction of the closing conditions [3]. - Each unit consists of one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of an additional share at an exercise price of $0.015 for 18 months [3]. Group 2: Use of Proceeds - The net proceeds from the private placement will be held in escrow and are intended for exploration work on the Silver Pony Resources Trout Lake Projects and general working capital [5]. - If the escrow release condition is not met within 180 days, the net proceeds will be returned to subscribers [5]. Group 3: Company Overview - Carlyle is a mineral exploration company focused on acquiring, exploring, and developing mineral resource properties, including the Quesnel Gold Project and the Nicola East Mining Project [8].
Silver Elephant Increases Non-Brokered Private Placement to $825,000
TMX Newsfile· 2026-02-03 18:16
Core Viewpoint - Silver Elephant Mining Corp. has announced an increase in its non-brokered private placement to a total of 3,300,000 units at a price of $0.25 per unit, aiming for gross proceeds of up to $825,000 [1] Group 1: Private Placement Details - Each unit in the private placement consists of one common share and one share purchase warrant, with the warrant allowing the purchase of an additional share at $0.32 for three years [1] - Finder's fees of up to 7% may be payable, with each Finder's Unit also consisting of one share and one non-transferable warrant [2] - The net proceeds from the private placement will primarily be used for directors' fees and general working capital [2] Group 2: Regulatory and Financial Information - The securities issued are subject to a regulatory hold period of four months plus one day from the date of issue under Canadian securities laws, and the placement is subject to final acceptance by the Toronto Stock Exchange [3] - The company is also pursuing amounts owed from Andean Precious Metals Corp. as per an arbitration award [3] Group 3: Company Overview - Silver Elephant is focused on the development of its silver-lead-zinc project in Bolivia [4]
Mink Ventures Completes Drilling at Warren Project; Moves Drill to Montcalm Ni Cu Co Project
Globenewswire· 2026-02-03 13:45
Core Insights - Mink Ventures Corporation has completed eight diamond drill holes totaling 346 meters at its Warren Ni Cu Co Project in Timmins, Ontario, successfully intersecting significant sulphide mineralization [1] Group 1: Warren Ni Cu Co Project - The drilling program at the Warren Project focused on priority nickel copper targets at the A Zone and D Zone [1] - Drill core is currently being logged, split, and assayed, with assay results to be released upon receipt [1] Group 2: Montcalm Property - The winter drill program will continue at Mink's Montcalm Property, which spans 100 km and is located approximately 30 km northwest of the Warren Property [2] - The Montcalm project is adjacent to Glencore's Montcalm Mine, which historically produced 3.93 million tonnes of ore with grades of 1.25% Ni, 0.67% Cu, and 0.051% Co [2] - The objective at Montcalm is to drill test a high-priority 3D Borehole Induced Polarization target located about 500 meters below the surface [2] Group 3: Company Overview - Mink Ventures Corporation is a Canadian mineral exploration company focused on critical minerals such as nickel, copper, and cobalt at its Warren and Montcalm projects [4] - The Warren Ni Cu Co Project covers 1,130 hectares and is located 35 km from the Montcalm Project, which has excellent access and infrastructure [4] - The company has 33,606,719 Common Shares outstanding [4]
Nio Strategic Metals Announces Updates on Its Non-Brokered Private Placement
TMX Newsfile· 2026-02-03 13:30
Core Viewpoint - Nio Strategic Metals Inc. is conducting a non-brokered private placement to raise funds for its operations, with strong demand leading to an expected oversubscription of shares [1][3]. Group 1: Private Placement Details - The company announced a proposed private placement of up to 27,002,255 common shares at a price of $0.155 per share, aiming for gross proceeds of up to $4,185,350 [2]. - Due to high demand, the company anticipates issuing an additional 5,255,810 common shares, potentially raising total gross proceeds to $5,000,000 by issuing up to 32,258,065 common shares [3]. - The closing of the transaction is expected in February 2026, subject to customary closing conditions, and the shares will be subject to a four-month hold period [4]. Group 2: Company Overview - Nio Strategic Metals is focused on becoming a ferroniobium producer and holds niobium properties in Oka and near Mont-Laurier, as well as another exploration property in Quebec [7].
KING GLOBAL Mobilizes for Phase 2 Drill Program on Silver Cord Property
Thenewswire· 2026-02-03 13:05
Core Viewpoint - King Global Ventures Inc. has initiated a Phase 2 diamond drilling program at its Silver Cord Project, aiming to expand on the successful Phase 1 program that confirmed the presence of a polymetallic vein system [1][2]. Group 1: Drilling Program Details - The Phase 2 program will consist of 6 holes from 2 drill pads, totaling up to 6,000 feet of diamond drilling [1]. - The Phase 1 program successfully intersected multiple polymetallic intervals, confirming a polyphase Ag-Pb-Zn-Sb vein system [2]. - A highlight from Phase 1 included an intercept of 9 feet (2.7 meters) at 21.8 ounces (619 grams) per tonne Silver, along with 1.0 g/t Gold, 0.6% Lead, 1.05% Zinc, and 375 g/t Antimony [3]. Group 2: Management Insights - The CEO of King Global Ventures expressed excitement about the Phase 2 drill program and the initial drilling success, indicating the presence of two different polymetallic intervals that require further exploration [4]. Group 3: Qualified Person Review - The scientific and technical information has been reviewed by a Qualified Person, who conducted a comprehensive review of analytical data, geological logs, and drill core photographs from the 2025 Silver Cord drill program [5]. - The Qualified Person confirmed that no material QA/QC issues were identified that would affect the reliability of the assay results [6]. - Geological interpretations presented are consistent with observed drill core and surface mapping, supported by available data at this stage of exploration [7]. Group 4: Other Properties - King Global Ventures is also focused on the Black Canyon Project in Arizona, which covers 4,000 acres and includes 15 former operating mines, targeting copper-gold-silver-zinc mineralization [8]. - The Howard Copper Mine Property, part of the Black Canyon Project, has historical production focused on high-grade copper, with the main shaft sunk to the 900-foot level [9]. - The Mikwam Gold Property in Ontario contains disseminated and vein-hosted gold mineralization associated with quartz-carbonate veins [10].
Tartisan Nickel Corp. Intersects 10.7 Metres of 1.58% Ni, 0.79% Cu Including 5.0 Metres of 3.02% Ni, 1.48% Cu at the Kenbridge Nickel-Copper-Cobalt Project, Northwestern Ontario
TMX Newsfile· 2026-02-03 12:50
Toronto, Ontario--(Newsfile Corp. - February 3, 2026) - Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) ("Tartisan", or the "Company") is pleased to provide an update for the Company's flagship Kenbridge Nickel-Coppet-Cobalt Project located near Sioux Narrows, Northwestern Ontario. The drill program is designed to test the on strike and down dip potential for additional nickel sulphide mineralization to enhance the size and grade of the Kenbridge Deposit. The drill rig was mobilized to the Kenbri ...
ATERRA Finalizes Option Agreements for the Totora Copper-Gold Porphyry Properties, Region III, Chile
TMX Newsfile· 2026-02-03 12:30
Core Insights - ATERRA Metals Inc. has executed option agreements for the Totora copper-gold porphyry properties located in Chile, which includes multiple porphyry systems such as the Frontera deposit and two advanced prospects, Totora and Clinton [1][2] Group 1: Project Overview - The Totora Project is situated 60 kilometers south of Vallenar in Chile's Region III and hosts several copper-gold porphyry systems [1] - The project includes the Frontera, Taruca, Clinton properties, and a newly added Sevilla concession, which has evidence of artisanal mining activities [4] Group 2: Financial and Operational Updates - ATERRA recently closed a private placement of $2.78 million, which will support the exploration activities at the Totora Project [2] - The company plans to mobilize a field crew to start exploration activities immediately, focusing on re-logging historical drill core and preparing for geophysical studies [2] Group 3: Historical Results and Resource Estimates - Historical drilling results from the Frontera deposit indicate 16 million indicated tonnes grading 0.66% CuEq and 34 million inferred tonnes grading 0.64% CuEq [6][8] - The Clinton property has historical drilling highlights, including 166 meters grading 0.63% CuEq [12] - The Totora porphyry has been the focus of various drill programs, with approximately 10,140 meters completed, outlining a mineralized system extending to depths of up to 500 meters [15] Group 4: Geological Context - The copper-gold porphyries in the Totora area are associated with quartz diorite and dacitic intrusions linked to the Domeyko Intrusive Complex, with mineralization closely related to regional fault structures [5]
Harfang Outlines Winter Exploration Plans
Globenewswire· 2026-02-03 12:00
MONTREAL, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Harfang Exploration Inc. (TSX-V: HAR) (“Harfang” or the “Company”) announces fully-funded winter exploration plans for its portfolio of wholly-owned projects located in Eeyou Istchee James Bay, Québec, and in Ontario (see Figure 1). HIGHLIGHTS At Serpent, the Company will initiate a maiden diamond drilling program of approximately 10 holes totalling an estimated 1,500 metres focused on Mista, a 650-metre-long Cu-Au-Ag target that has never been drilled. The 3-week ...
Grid Metals Continues to Expand Cesium Mineralization at Falcon West
Accessnewswire· 2026-02-03 12:00
TORONTO, ON / ACCESS Newswire / February 3, 2026 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to report additional assays from the Lucy South target zone at its 100%-owned Falcon West cesium property (the "Property"). The Phase 1 drill program was focused on defining a near-surface zone of pollucite-hosted cesium mineralization in the Lucy South pegmatite, which is a highly-fractionated, shallow- to moderately-dipping, lithium+ cesium+tantalum enriched ("LCT") pegmatite ...