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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 ...
Argyle Commends the Ontario Governments Critical Minerals Exploration and Developments Initiatives
Newsfile· 2025-06-04 10:00
Group 1 - Argyle Resources Corp. supports the Ontario Government's initiatives to enhance critical mineral exploration and development [1][2] - The Ontario Government has introduced a comprehensive strategy to position the province as a leader in the global critical minerals market, emphasizing economic sovereignty and prosperity [2][4] - Key components of the strategy include a $500 million Critical Minerals Processing Fund, a nearly $3.1 billion investment in Indigenous partnerships, and streamlined project approvals [4] Group 2 - The Ontario Government aims to process minerals locally, ensuring that mined resources contribute to the local economy [4] - The Indigenous Opportunities Financing Program will be tripled to $3 billion, expanding support for Indigenous communities in resource development [4] - The "One Project, One Process" model will reduce approval times for new mining projects, particularly in strategically important areas like the Ring of Fire [4] Group 3 - Argyle Resources Corp. is engaged in acquiring and exploring natural resource properties in North America, including projects in Nova Scotia and Quebec [6] - The company is involved in a research partnership with the National Institute of Scientific Research (INRS) to conduct exploration programs on its silica projects [6]
GoldHaven Resources Appoints Robert Birmingham as President & CEO and Grants Options
Globenewswire· 2025-06-03 16:54
Core Viewpoint - GoldHaven Resources Corp. has appointed Robert Birmingham as the new President & CEO, replacing Chris Cooper, who will remain as a Director of the Company [1][4]. Group 1: Leadership Changes - Robert Birmingham brings over 15 years of capital markets experience with a focus on corporate development, M&A, and capital raising [2]. - Birmingham previously served as President of Boa Gold Corp., which was acquired by GoldHaven in January 2025, providing him with intimate knowledge of the Copeçal project [3]. Group 2: Company Projects - GoldHaven Resources Corp. is focused on acquiring and exploring land packages in North and South America, with key projects including: - The Magno Project, a polymetallic property in British Columbia [5]. - The Three Guardsman Project, which has potential for copper and gold-skarn mineralization [5]. - The Copeçal Gold Project in Brazil, which is drill-ready and has a 6km strike of anomalous gold in soil samples [5]. - Three critical mineral projects in Brazil, totaling 123,900 hectares [5]. Group 3: Stock Options - GoldHaven has granted incentive stock options to directors, officers, and consultants to purchase up to 850,000 common shares at an exercise price of CAD 0.105 per share, exercisable until June 3, 2027 [4].
MP Materials: The Magnetic Opportunity Of US Reindustrialization
Seeking Alpha· 2025-06-03 16:44
Group 1 - MP Materials is gaining significance due to geopolitical tensions, presenting an opportunity for expansion [1] - The company is positioned to transition into a more prominent role in the market [1] Group 2 - The article reflects the author's personal opinions and does not represent any financial advice [2][3]
Winshear Gold Increases Private Placement to $750,000
Globenewswire· 2025-06-03 14:35
NOT FOR DISTRIBUTION IN THE U.S. VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (TSX-V: WINS) reports that the non-brokered private placement announced on May 28, 2025, has been increased to $750,000. Each Unit comprises one common share, priced at $0.06 per share, and one half of one common share purchase warrant. Each full warrant will allow the holder to purchase one common share of Winshear Gold at a price of $0.12 for a period of 24 months from the closing date of th ...
Western Star Resources Announces Non-Brokered Private Placement for Aggregate Proceeds of CAD $555,000
Globenewswire· 2025-06-03 12:30
Core Viewpoint - Western Star Resources Inc. is initiating a non-brokered Private Placement to raise up to $555,000 through the issuance of 3,700,000 units priced at $0.15 each, aimed at funding exploration and operational activities [1][3]. Group 1: Private Placement Details - The Private Placement will consist of units that include one common share and one share purchase warrant, exercisable at $0.30 for two years [2]. - An acceleration clause is included, allowing the company to shorten the warrant term to 30 days if the share price reaches CAD$0.40 for 10 consecutive trading days [2]. - All securities issued will be subject to a four-month holding period [2]. Group 2: Use of Proceeds - The net proceeds from the Private Placement will be utilized to define high-priority drill targets at the Western Star Project, along with general working capital and market awareness initiatives [3]. Group 3: Company Overview - Western Star Resources is focused on mineral exploration and development, aiming to enhance shareholder value through cost-effective exploration and strategic partnerships [5]. - The company holds nine contiguous mineral claims totaling 2,797 hectares in the Revelstoke mining division of British Columbia, located approximately 50 kilometers southeast of Revelstoke [5].
Fancamp Announces Completion of Litigation Settlement and Shares For Debt Transaction
Globenewswire· 2025-06-03 12:30
Core Points - Fancamp Exploration Ltd. has completed a settlement with a former director to resolve litigation proceedings, involving the issuance of 1,428,572 common shares at a deemed price of $0.07 per share [1][3][4] - The litigation involved claims for liquidated damages and unpaid consulting fees related to the termination of a consulting agreement [2] - The settlement agreement led to the discontinuation of legal proceedings in both Ontario and British Columbia [3] Company Overview - Fancamp is a Canadian mineral exploration company focused on growth and monetization opportunities in high-potential mineral projects, including copper, gold, zinc, titanium, and rare-earth metals [5] - The company holds significant interests in various mineral claims across Ontario, Québec, and New Brunswick, and is involved in advanced asset plays and strategic investments [5] - Fancamp has a 96% interest in Magpie Mines Inc., which owns one of the largest undeveloped hard rock titanium deposits globally [5]
Blue Star's Target Series: High Potential Critical Mineral Opportunities
Newsfile· 2025-06-03 12:00
Core Viewpoint - Blue Star Gold Corp. is focusing on expanding its high-grade gold resource at the Ulu Gold Project while also exploring critical mineral targets in the Roma Project, indicating a dual strategy to enhance shareholder value through exposure to both precious and base metals in a promising mineral exploration area [3][25]. Critical Mineral Highlights - The inaugural critical minerals exploration program in 2024 led to the discovery of the Ataani massive sulphide lens, marking the first significant find in over 20 years in the High Lake Greenstone Belt [4][7]. - The Ataani prospect is located less than 13 km from the High Lake VMS deposit, which has a resource of 14 million tonnes grading 2.5% Cu, 3.8% Zn, 1.3 g/t Au, and 84 g/t Ag [4][5]. Strategic Land Acquisitions - Following the Ataani discovery, Blue Star expanded its land package to include areas adjacent to the High Lake deposit, covering several prospective VMS targets within the High Lake deposit stratigraphy [6][14]. - Historical work at the Cairo and Stu prospects reported high-grade copper samples, with surface grades reaching up to 9.99% Cu at Cairo and 5.18% Cu at Stu [6][14]. Exploration and Discovery Potential - The Ataani VMS horizon is believed to extend over 1,500 meters, with only 500 meters drilled to date, indicating significant potential for further discoveries [7][16]. - Recent drilling returned results of 0.42% Cu, 1.43% Zn, 9.19 g/t Ag, and 0.13 g/t Au over 17.1 meters, showcasing the promising nature of the mineralization [13]. Future Steps - Proposed next steps include extending TDEM surveys over the conductive horizon identified in the 2024 program and conducting mapping and prospecting to confirm high-grade copper samples along the High Lake West and A, B Zone [17][16]. - The strategic location of Blue Star's assets near the proposed Grays Bay Road and Port Project will enhance accessibility and lower operational costs, facilitating future growth [21][25].
Terra Balcanica Points to Silver and Antimony Grades and Ore Body Potential in Bosnia
Globenewswire· 2025-06-03 12:00
Vancouver, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB10) is pleased to highlight the polymetallic potential of its Viogor-Zanik project in Bosnia in anticipation of the Phase III drilling campaign. After 2,200 m of diamond drilling completed at Chumavichi, high grade Ag-Sb-Pb-Zn-Au mineralizations have been confirmed at three targets spanning 2 km of strike along a shallow, fault-hosted, intermediate sulfidation, polymet ...
C3 Metals Commences Drill Testing Multiple Epithermal Gold Targets at Super Block Project, Jamaica
Newsfile· 2025-06-03 11:44
Core Viewpoint - C3 Metals Inc. has initiated a 14-hole diamond drilling program totaling 2,500 meters at its Super Block Project in Jamaica, targeting multiple epithermal gold prospects, including the historically significant Pennants Gold Mine [1][2][3]. Company Overview - C3 Metals Inc. is a mineral exploration company focused on discovering and developing large copper and gold deposits, holding approximately 30,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru [12]. - The company has identified 16 porphyry, 40 epithermal, and multiple volcanic redbed copper prospects over a 30km strike extent in Jamaica, holding a 50% interest in a joint venture with Geophysx Jamaica Ltd. [12]. Project Details - The Super Block Project features a 5km gold trend with the Pennants Gold Mine at its center, which produced approximately 16,000 gold ounces from 2002 to 2004 [5]. - Historical estimates indicate a non-compliant NI 43-101 resource of 75,500 tonnes at 20.4 g/t gold, with notable historical drill intersections including 1.7m at 430.0 g/t gold [5][20]. - The PEZ prospect shows a coherent gold anomaly measuring 1,500m by up to 190m wide, with soil sampling results indicating averages of 0.41 g/t gold over 60m [5][6]. - The DHZ prospect has a defined gold anomaly measuring 550m by up to 190m wide, with rock chip samples assaying up to 35.8 g/t gold at surface [6][5]. Drilling Program Insights - The initial drilling program aims to follow up on historical high-grade gold results and assess the extensions of gold anomalies to the northwest and southeast of the Pennants Mine [3][11]. - The company believes the gold system remains open in multiple directions and at depth, with the potential for multiple low to intermediate sulfidation systems [8][11]. Future Plans - C3 Metals is in a financial position to expand the drilling program beyond the initial 14-hole plan, depending on the results obtained [11].