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Nova Pacific Intersects Massive Sulphide Mineralization at Lara Project - Rush Assays Pending
Newsfile· 2025-05-29 12:30
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company", or "Nova Pacific") is pleased to provide an update on its ongoing 8,500-metre Phase 1 drill program at the Lara Volcanogenic Massive Sulphide (VMS) Project, located on Vancouver Island, British Columbia.Highlights:Phase 1 drill program underway: The first 14 of 39 planned drill holes have been completed, with a total of 3,105 meters drilled to date.As ...
Trident Resources Announces Appointment of Scott Broughton as Strategic Advisor
Globenewswire· 2025-05-29 12:00
Core Viewpoint - Trident Resources Corp. has appointed Mr. Scott Broughton as a Strategic Advisor to enhance its exploration efforts in Saskatchewan, particularly at the Contact Lake project [1][3]. Company Developments - Mr. Scott Broughton brings over 35 years of global mining experience, having worked with various international consulting firms and led several mineral exploration businesses [1][2]. - Trident has engaged Plutus Invest and Consulting GmbH for a twelve-month marketing and communications service agreement, with a total fee of CAD $120,000 [4]. - The company has also contracted Resource Stock Digest for a three-month advertising and marketing program, costing USD $125,000 [5]. Project Focus - Trident Resources is focused on advanced-stage gold and copper exploration projects in Saskatchewan, specifically the 100% owned Contact Lake and Greywacke Lake projects, as well as the Knife Lake copper project [6].
Maxus Mining Announces Listing on the Frankfurt Stock Exchange Under the Symbol R7V
Globenewswire· 2025-05-29 12:00
Company Overview - Maxus Mining Inc. is a mineral exploration company focused on locating, acquiring, and developing economic mineral properties in premier jurisdictions [3] - The company is currently progressing its Penny Copper Project and evaluating future opportunities to expand operations [3] Recent Developments - Maxus Mining's common shares are now trading on the Frankfurt Stock Exchange under the symbol "R7V", providing international exposure to Canadian and European investors [1][2] - The dual listing is expected to enhance visibility to a broader pool of investors and increase liquidity for current shareholders [2][3] Penny Copper Project Details - The Penny Copper Project spans approximately 3,122 hectares and has a history of exploration activity over the last 100+ years [4] - Recent exploration work included rock sampling, with notable copper values recorded: 1,046 ppm Cu, 1,808 ppm Cu, and 2,388 ppm Cu from grab samples [4]
Coppernico to Host Virtual Annual General Meeting and Fireside Chat with 3L Capital
Globenewswire· 2025-05-29 11:15
VANCOUVER, British Columbia, May 29, 2025 (GLOBE NEWSWIRE) -- Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF) (“Coppernico” or the “Company”), is pleased to announce the details of its upcoming virtual Annual General Meeting of Shareholders (the "Meeting"), to be held on Tuesday, June 24, 2025, at 10:00 a.m. Pacific Time, as well as a leadership fireside chat hosted by 3L Capital (the "Webinar"), scheduled for Wednesday, June 4, 2025, at 8:00 a.m. Pacific Time. Annual General Meeting of Shareholders The Me ...
Azimut and KGHM Launch Exploration Campaign at Kukamas
Globenewswire· 2025-05-29 10:30
Core Viewpoint - Azimut Exploration Inc. has announced the commencement of a $3.6 million exploration program on the Kukamas Property, confirming high-grade Platinum Group Elements (PGE) at the Perseus Zone, which was discovered in 2024 [1][2][3]. Exploration Program - The exploration program will consist of two phases: detailed mapping and prospecting in Phase 1, followed by 4,000 meters of diamond drilling in Phase 2, planned for late summer [3][6]. - The primary goal is to build on the significant progress made in 2024, where five drill holes in the Perseus Zone yielded excellent results, indicating a high-grade nickel and PGE mineralized system [3][4]. Assay Results - Recent assay results from 30 selected high-grade nickel samples from the Perseus Zone show nickel grades ranging from 3.46% to 19.60% [5][10]. - The samples also revealed high palladium grades between 1.16 g/t and 12.15 g/t, and platinum grades up to 3.65 g/t, along with significant values for rare PGEs [8][10]. Property Overview - The Kukamas Property spans 337.8 square kilometers and includes 665 claims, with a cumulative strike length of 41 kilometers [9]. - The project is well-supported by infrastructure, including high-voltage power lines and proximity to the Trans-Taiga Road, enhancing its accessibility for exploration activities [9]. Partnership and Financials - Under an option agreement, KGHM International Ltd can acquire an initial 50% interest in the Kukamas Property by funding $5 million in work expenditures over four years [14]. - KGHM has a second option to earn an additional 20% interest by delivering a preliminary economic analysis and incurring at least $4.2 million in work expenditures over three years [14]. Company Background - Azimut is recognized as a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [15][16]. - The company is advancing multiple projects, including the Elmer Gold Project, which is at the resource stage, and the Galinée lithium discovery [16].
SAGA Metals Reports Significant Final Drill Holes from the 2025 Winter Program at Radar Ti-V-Fe Property in Labrador
Globenewswire· 2025-05-29 06:00
Core Viewpoint - SAGA Metals Corp. has announced successful final drill results from its 2025 maiden drill program at the Radar Ti-V-Fe Property, confirming the potential for significant mineralization in the area [1][2][18]. Drill Results Summary - The final three drill holes (HEZ-06, HEZ-02, HEZ-03) confirmed the presence of a highly mineralized zone with significant intercepts of vanadiferous titanomagnetite [2][9]. - HEZ-06 reported an intercept of 28 meters grading 20.11% Fe, 4.22% TiO₂, and 0.214% V₂O₅, while HEZ-02 and HEZ-03 reported grades of 12.40% Fe and 11.37% Fe respectively [6][15]. - The drilling program has confirmed the existence of oxide layering and associated magnetic anomalies to depths of up to 300 meters, covering only 1/40th of the identified 20 km strike extent of the oxide layering zone [15][18]. Geological Context - The Radar Property, covering 24,175 hectares, is strategically located near Cartwright, Labrador, benefiting from excellent infrastructure [16][21]. - The Dykes River intrusive complex is recognized for its titanium-vanadium-iron rich layers, which are advantageous for simplified metallurgical processing [17][18]. Next Steps - SAGA plans to conduct detailed ground geophysics over the main regional airborne magnetic anomalies and execute a high-resolution aeromagnetic survey to identify high-priority drilling targets [10][11]. - The company has initiated metallurgy and petrography analysis on core samples to assess recoverable vanadiferous magnetite and the quality of potential concentrates [12][18]. Company Overview - SAGA Metals Corp. focuses on the exploration and discovery of critical minerals, including titanium, vanadium, and iron ore, which are essential for the green energy transition [21][23]. - The company also holds additional exploration assets in Labrador and has a partnership with Rio Tinto for lithium exploration in Quebec [22][23].
Hi-View Announces Non-Brokered Private Placement
Globenewswire· 2025-05-28 21:38
Core Points - HI-VIEW RESOURCES INC. announced a non-brokered private placement of up to 4,800,000 units at a price of $0.10 per unit, aiming for gross proceeds of up to $480,000 [1][2] - Each unit consists of one common share and one transferable common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.12 for 36 months [2] - Directors and officers may participate in the private placement, which is classified as a related party transaction and is expected to be exempt from certain formal requirements [3] - The net proceeds will be used for exploration activities and general corporate purposes, with a potential finder’s fee of up to 10% applicable [4] - HI-VIEW is focused on mineral exploration in Canada, holding a 100% interest in the Babine BC Copper-Gold property and other claims in the Toodoggone region, covering over 9,749 hectares [5]
Almadex Stakes Pegmatite Dyke Complex with Rare Earth Element Potential in New Mexico, USA
Globenewswire· 2025-05-28 20:30
Company Overview - Almadex Minerals Ltd. has acquired the area covering most of the historic Petaca District in northern New Mexico through staking, as part of its regional exploration program focused on copper-gold potential [1] - The company holds a large mineral portfolio consisting of projects and NSR royalties in Canada, the U.S., and Mexico, and has significant experience in porphyry lithocap exploration [6] Exploration Focus - The Petaca District has a history of mica production and contains rare earth element (REE) bearing minerals, which were occasionally recovered as by-products of mica mining [2] - Almadex's exploration program prioritizes porphyry lithocaps and epithermal precious metal systems, although REE projects are not the company's core focus [4][5] Technical Insights - The pegmatites in the Petaca District exhibit various forms and have been noted for their elevated REE concentrations, primarily reflecting the mineral samarskite [2] - A microprobe study confirmed the presence of several minerals, including Samarskite-(Y) and polycrase-(Y), indicating a high level of niobium (Nb) and yttrium (Y) in accessory minerals [3] Future Plans - The company intends to seek a joint venture partner with expertise in REE mineral systems to explore the Petaca District [4][5] - Almadex plans to advance and test its lithocap targets in 2025, leveraging its in-house exploration capacity and drilling units [6]
Noble Mineral highlights Successful Exploration Results announced by Canada Nickel, including Mann West
Thenewswire· 2025-05-28 15:30
Core Viewpoint - Noble Mineral Exploration Inc. announced successful exploration drilling results from its joint venture partner Canada Nickel Company in the East Timmins Nickel Company, highlighting the potential for nickel resources in Northern Ontario [1][2]. Group 1: Exploration Results - The Mann property, located 22 kilometers east of Crawford, is 80% owned by Canada Nickel and 20% by Noble Mineral Exploration, consisting of four separate targets: Mann North, Mann West, Mann Central, and Mann South [2]. - Drilling at Mann West revealed 0.33% nickel over 52 meters within a broader interval of 480 meters averaging 0.27% nickel in hole MAN24-65, with a total of 39 holes drilled, 31 of which were during the 2024 campaign [3][4]. - The drilling at Mann West has focused on a strike length of 1.7 kilometers and a width of at least 600 meters, with significant mineralization identified [3][4]. Group 2: Future Plans - Canada Nickel is currently working on an initial resource estimate for Mann West, expected to be published in June 2025 [7]. - Noble Mineral Exploration holds mineral rights and/or exploration rights in approximately 70,000 hectares in Northern Ontario, with plans to generate option/joint venture exploration programs [11][12]. Group 3: Company Background - Canada Nickel Company is focused on advancing nickel-sulphide projects to meet the growing demand for nickel in electric vehicles and stainless steel markets, with its flagship Crawford Nickel-Cobalt Sulphide Project located in a low political risk jurisdiction [9]. - Noble Mineral Exploration is a junior exploration company with interests in various mineral properties, including a 20% stake in East Timmins Nickel Inc. and other exploration properties in Ontario and Quebec [10][12].
NioBay Metals Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025
Newsfile· 2025-05-28 13:00
Company Overview - NioBay Metals, a Canadian mineral exploration company, focuses on Critical and Strategic Minerals, particularly Niobium, and has a management team with diverse expertise [1][5] - The company was founded in the 1950s by Laurent Savard in Quebec's Abitibi region and aims to develop mines with low carbon consumption and responsible environmental practices [1][5] Upcoming Event Participation - NioBay Metals will participate in THE Mining Investment Event, a premier global mining investment conference, scheduled for June 3-5, 2025, in Quebec City [1][2] - The event is designed to facilitate meetings between mining companies, international investors, and government authorities, showcasing the best of international mining in Canada [3][6] Strategic Goals and Community Engagement - NioBay prioritizes the consent and participation of Indigenous communities in its operational territories, emphasizing social responsibility and good governance [5] - The company holds a 100% interest in the James Bay Niobium Project and a 72.5% interest in the Crevier Niobium and Tantalum project, with an option to acquire an 80% interest in the Foothills project [5]