Mineral Exploration

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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]
Dolly Varden Silver Commences 2025 Drill Program with Four Drill Rigs at the Kitsault Valley Project
Newsfile· 2025-05-28 12:00
Dolly Varden Silver Commences 2025 Drill Program with Four Drill Rigs at the Kitsault Valley Project May 28, 2025 8:00 AM EDT | Source: Dolly Varden Silver Corporation Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Dolly Varden Silver Corporation (TSXV: DV) (NYSE Amercian: DVS) (FSE: DVQ) (the "Company" or "Dolly Varden") is pleased to announce that the 2025 Exploration Drill Program focused on its 100% owned Kitsault Valley Project is underway. Two diamond drills commenced in early May at t ...
Stillwater Critical Minerals Announces Participation in THE Mining Investment Event of the North in Quebec City
Newsfile· 2025-05-28 11:00
Company Overview - Stillwater Critical Minerals Corp. is a mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project located in Montana's Stillwater mining district [4] - The company has strategic investments from Glencore plc and has added two renowned geologists to its team, positioning it well for advancing critical mineral supply [4] - Stillwater holds a 49% interest in the Drayton-Black Lake gold project and other critical mineral projects in Canada and Alaska [5] Project Highlights - The Stillwater West project is adjacent to Sibanye-Stillwater's operations and is emerging as a potential large-scale source of ten critical commodities including platinum, palladium, rhodium, gold, nickel, copper, cobalt, chromium, iridium, and ruthenium [2] - An expanded NI 43-101 mineral resource estimate released in January 2023 positions Stillwater West with the largest nickel-platinum group element resource in an active U.S. mining district [4] Upcoming Events - The company will participate in THE Mining Investment Event of the North in Quebec City from June 3rd to 5th, 2025, where management will meet with investors and industry professionals [1] - Investors are invited to schedule one-on-one meetings to discuss upcoming catalysts including government initiatives and planned exploration campaigns announced on March 26, 2025 [2]
Churchill Very Pleased to Report High Grade Antimony >10%Sb, and Gold >10g/t Au at Black Raven Past-Producers, NL
Globenewswire· 2025-05-28 11:00
Core Insights - Churchill Resources Inc. has reported significant assay results from due-diligence sampling at the Frost Cove Antimony and Stewart Gold mines, indicating grades of over 10% antimony and over 10 g/t gold, respectively [1][2][8] - The company has executed a definitive agreement to acquire a 100% interest in the Black Raven Antimony Property, which is expected to enhance its strategic focus on antimony and gold [2][23] - The Black Raven property is situated in a geologically favorable area with a history of high-grade mineralization, and systematic exploration is planned to further assess its potential [3][5][24] Company Overview - Churchill Resources Inc. is focused on strategic critical minerals in Canada, particularly at its Black Raven property, which encompasses past-producing mines [30][31] - The company aims to leverage Newfoundland and Labrador's robust minerals industry, which includes world-class mines and processing facilities, to enhance its exploration efforts [6][30] Industry Context - Antimony is classified as a critical mineral, essential for national security and modern technology, with over 90% of global production controlled by non-Western countries [7] - Recent export restrictions from China have led to record prices for antimony, exceeding $50,000 per tonne, highlighting the strategic importance of domestic sources in North America [7] - The demand for antimony is driven by its applications in military, flame retardants, and emerging energy storage technologies, making it increasingly vital for economic and national security [7]
CopAur Minerals Upsizes Private Placement Amid Strategic Interest
Newsfile· 2025-05-27 18:33
Core Viewpoint - CopAur Minerals Inc. has increased its non-brokered private placement from $400,000 to $600,000 due to significant interest from strategic investors, indicating confidence in the company's strategic direction and project pipeline [1][2]. Group 1: Private Placement Details - The offering will now consist of 6,000,000 units priced at $0.10 per unit, with each unit including one common share and one-half of a common share purchase warrant, exercisable at $0.15 for 18 months [1]. - An acceleration clause is included, allowing the expiry date of the warrants to be accelerated to 30 days if the company's shares trade at or above $0.20 for 10 consecutive trading days [3]. Group 2: Use of Proceeds and Strategic Focus - Proceeds from the private placement will be used for general working capital and to advance high-priority exploration initiatives, particularly the Kinsley Mountain Gold Project in Nevada, which has strong discovery potential [3]. - The company is positioned at an inflection point as it attracts new strategic capital and institutional interest, prompting investors to reassess their alignment with the company's long-term growth vision [4]. Group 3: Company Overview - CopAur is focused on developing projects in the mineral-rich mining regions of Nevada, with the Kinsley Mountain Gold Project being its flagship project, located 90 kilometers south of the Long Canyon mine [5].
SAGA Metals Announces First Tranche Closing
Globenewswire· 2025-05-27 13:00
Core Viewpoint - SAGA Metals Corp. has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of $1,239,700.10, with plans to close the final tranche by June 25, 2025 [1][2]. Group 1: Financial Details - The first tranche generated $444,200.10 from 1,480,667 flow-through units priced at $0.30 each and $795,500 from 3,182,000 hard dollar units priced at $0.25 each [2]. - The company paid $31,710.01 in finder's fees and issued 108,616 finder's warrants, each allowing the purchase of one common share at $0.50 for 24 months [5]. Group 2: Securities and Use of Proceeds - The flow-through units consist of one common share and one transferable common share purchase warrant, with the warrant exercisable at $0.50 for 24 months [3]. - The gross proceeds from the flow-through units will be allocated to Canadian exploration expenses related to critical mineral mining in Labrador, while the net proceeds from hard dollar units will be used for administrative and general working capital [7]. Group 3: Insider Participation and Regulatory Notes - Certain insiders acquired 442,000 hard dollar units for $110,500, which is classified as a related party transaction exempt from formal valuation and minority shareholder approval [8]. - The securities issued have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without exemptions [9].
Troubadour Resources Secures Government Approval with ATI Permit for Senneville Copper-Gold Project in Val-d'Or
Thenewswire· 2025-05-27 12:30
Core Viewpoint - Troubadour Resources Inc. has secured ATI drilling permits for its Senneville Copper-Gold Project in Val-d'Or, Quebec, enabling systematic exploration and targeted drilling programs in 2025-2026 [1][6]. Group 1: Permit Acquisition and Regulatory Compliance - The ATI (Amendment to the Technical Information) permits were granted by Ressources Naturelles et Forêts Quebec, allowing the company to conduct exploration work while addressing local and Indigenous community concerns [1][2]. - The ATI permits are valid for two years and can be renewed, providing flexibility for upcoming drill programs and follow-up exploration [3][6]. - The ATI authorization has been mandatory since May 6, 2024, ensuring transparency and community consultation for drilling activities [2][6]. Group 2: Exploration Plans and Historical Data - Troubadour plans to delineate high-priority drill targets at the Gustave Cere showing within the Senneville South Claim group, with historical assay results indicating significant gold presence [4][5]. - Historical grab samples from the area have yielded up to 49.5 grams/tonne (g/t) gold, with channel samples returning up to 6.5 g/t Au over 1.8 meters, and drill intercepts reporting up to 18.15 g/t Au over approximately 0.9 meters [4][5]. Group 3: Company Overview - Troubadour Resources Inc. is focused on the development of critical mineral and precious metal properties, with its flagship project being the Senneville Gold-Copper Project, which consists of 230 mineral claims totaling over 130 km² [7][8]. - The Senneville Project is strategically located within the Val d'Or Mining Camp, near significant deposits, enhancing its exploration potential [8].
Domestic Metals Announces Non-Brokered Private Placement and Change of CFO and Corporate Secretary
Globenewswire· 2025-05-27 12:00
**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES** VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) -- Domestic Metals Corp. (the “Company” or “Domestic”) - (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E) announces a non-brokered private placement (the “Placement”) of up to 13,043,478 units (the "Units") at a price of $0.23 per Unit (the "Offering") for gross proceeds of up to $3,000,000. Each Unit will consist of one common share of the Company (a "Share") ...
Kenorland Expands Exploration Portfolio in Ontario and into New Brunswick
Newsfile· 2025-05-27 11:30
Core Viewpoint - Kenorland Minerals Ltd. has expanded its exploration portfolio by acquiring significant mineral claims in Ontario and New Brunswick, indicating a strategic move into underexplored regions with high potential for mineral discoveries [1][2]. Group 1: Acquisition Details - Kenorland has staked 125,430 hectares in the Kowkash Project located in Northern Ontario and 119,779 hectares in the Atlantic Project in Central New Brunswick, totaling 150,831 hectares [1][4]. - The company has also entered a purchase agreement to acquire a 100% interest in an additional 31,052 hectares adjacent to the Atlantic Project, valued at $174,440.76 [9][11]. Group 2: Project Descriptions - The Kowkash Project is situated in the Onaman-Tashota Greenstone Belt, characterized by low exploration maturity and potential for orogenic and volcanic hosted massive sulphide mineralization, including high-grade Au, Ag, Cu, and Zn [2][4]. - The Atlantic Project encompasses a segment of the Gander and Dunnage zones, known for various gold and polymetallic deposits, and is prospective for epithermal and VHMS mineralization styles [4][7]. Group 3: Exploration Strategy - Kenorland aims to apply a systematic approach to exploration, with plans for a regional geochemical sampling program during the 2025 summer field season at the Kowkash Project [2][4]. - The Atlantic Project area has seen limited historical exploration, presenting a unique opportunity for modern exploration techniques to uncover new mineral deposits [7].
Canstar Ramps Up Critical Minerals Exploration With Initial Payment from $11.5M Strategic Exploration JV
Globenewswire· 2025-05-27 11:25
Core Insights - Canstar Resources Inc. is advancing critical metals exploration in Newfoundland with an initial investment of $500,000 as part of an $11.5 million joint venture with VMS Mining Corporation [1][2] - The joint venture aims to discover high-grade polymetallic mineralization at the Buchans and Mary March projects, which are located in a historically significant mining area [1][2] Company Overview - Canstar Resources Inc. focuses on critical minerals and gold, with its projects including the 100%-owned Golden Baie Project and the Buchans and Mary March projects [15] - The Buchans and Mary March projects are situated in the Buchans-Roberts Arm Belt, known for its high-grade VMS systems [9][15] Joint Venture Details - Under the agreement, VMS Mining Corporation can earn up to 60% ownership through additional investments totaling $10 million in subsequent phases [3] - Canstar retains the right to participate pro-rata in future phases to maintain a significant ownership position [3] Exploration Strategy - The initial $500,000 investment allows Canstar to commence exploration activities immediately without the need for new share capital [2] - Key permits for trenching and airborne geophysics have been received, with a total Phase 1 investment of $1.5 million for a 10% stake in the joint venture [8] Historical Context - The Buchans District has a rich mining history, having produced 16.2 million tonnes of ore with high average grades of zinc, lead, copper, silver, and gold from the 1920s to the 1980s [9][10] - Canstar's Buchans Project is adjacent to historic mines, suggesting potential for similar deposits beneath its claims [10] Leadership and Expertise - VMS Mining Corporation is led by experienced professionals from notable mining companies, with a collective acquisition value exceeding $4.1 billion [4][5] - Dr. Harold Gibson, a recognized authority on VMS deposits, leads the exploration efforts, bringing over 40 years of expertise [6]