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MAX Power Announces Appointment of Ryan Cheung as CFO
Thenewswire· 2025-06-05 16:30
Company Announcement - MAX Power Mining Corp. has appointed Mr. Ryan Cheung as Chief Financial Officer effective May 20, 2025, bringing extensive experience in financial oversight to the company [1] - Mr. Byran Loree has resigned as Chief Financial Officer and Director, with appreciation expressed for his contributions since the company's inception in 2021 [3] Leadership Background - Mr. Cheung is a CPA, CA, and the founder of MCPA Services Inc., with a background in auditing junior mining and resource companies, and has been an active member of the Institute of Chartered Professional Accountants of British Columbia since January 2008 [2] Company Focus - MAX Power is focused on mineral exploration, particularly in the context of North America's shift to decarbonization, and is a first mover in the Natural Hydrogen sector [4] - The company has strategic alliances with Chapman Hydrogen & Petroleum Engineering Ltd. and Larin Engineering HHC, and holds properties in the U.S. and Canada, including a notable discovery at the Willcox Playa Lithium Project in Arizona [4]
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]
Premium Announces Results of Annual General and Special Shareholders' Meeting Officer
Newsfile· 2025-06-04 13:21
Core Points - Premium Resources Ltd. held its Annual General and Special Meeting on June 3, 2025, where all proposed resolutions were approved by shareholders [1][2] - The board of directors was re-elected, including Paul Martin as Chairman, and MNP LLP was re-appointed as auditors for the upcoming year [2] - Shareholders approved several key resolutions, including the continuance of the Company from Ontario to British Columbia, a name change, a share consolidation of up to 20:1, and the adoption of a new omnibus equity incentive plan [2] Company Leadership - Following the Meeting, Lindsey Le Ho was appointed as Corporate Secretary, succeeding Timothy Moran [3] - The senior leadership team now includes Morgan Lekstrom (CEO), Peter Rawlins (CFO), Brett MacKay (VP, Finance), Lindsey Le Ho (Corporate Secretary), and Sharon Taylor (VP, Exploration) [4] Company Overview - Premium Resources Ltd. is focused on the redevelopment of previously producing copper, nickel, and cobalt mines in Botswana [5] - The Company emphasizes governance through transparency and accountability, with a team that has extensive experience in resource discoveries and mine development [6]
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
VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to announce the appointment of Paul McGuigan, P. Geo., as its Qualified Person on the exploration and development of the Radar Ti-V-Fe Property (the “Project”) in Labrador. Mr. McGuigan will advise on standards of practice for QAQC, structural mapping, drilling and deposit mode ...