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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].
Ridgeline Minerals Sells Tungsten and Critical Metals Project to Midasco Capital Corp.
Newsfile· 2025-06-03 11:30
Core Viewpoint - Ridgeline Minerals Corp. has entered into a share purchase agreement with Midasco Capital Corp. for the sale of its wholly owned subsidiary, Spartan Exploration Nevada Corporation, which holds the Eagle Property, a high-grade tungsten and critical metals project in Nevada [1][3]. Company Overview - Ridgeline Minerals is focused on precious and base metal exploration with a portfolio of seven projects across 200 km² in Nevada, USA [19]. - The company aims to maximize shareholder value through strategic transactions and partnerships, while continuing to advance its exploration portfolio [3]. Transaction Details - Midasco will acquire 100% of Spartan, which includes 244 lode mineral claims in White Pine County, Nevada [1]. - The Eagle Property is noted for its historical production of tungsten, with past operations yielding 8,352 Metric Ton Units of Tungsten trioxide at average grades of 0.6-1.0% from 1917 to 1956 [2]. - Ridgeline will receive a 1% net smelter return royalty on the Eagle Property and any additional ground staked within a 2-mile area of interest [4]. Future Plans - Midasco plans to reactivate its listing on the TSX Venture Exchange and rename itself to "Spartan Metals Corp." following the acquisition [4][6]. - The transaction includes the issuance of common shares to Ridgeline, representing 19.9% of Midasco's total shares at closing, with additional shares to be issued on the one-year anniversary of the closing [6][8]. Exploration Potential - The Eagle Property is recognized for its significant exploration potential, which Midasco intends to develop as its flagship asset [3][4].
Cartier Signs Agreement with Exploits Discovery To Option 100% of the Benoist, Fenton and Wilson Properties
Globenewswire· 2025-06-03 10:00
VAL D'OR, Quebec, June 03, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″Cartier″ or the ″Company″) (TSXV: ECR; FSE:6CA) is pleased to announce the execution of an agreement (the ″Agreement″) with Exploits Discovery Corp. (CSE: NFLD) (″Exploits″) to option 100% of its interests in three groups of exclusive exploration rights, located in the Province of Québec, commonly referred to as: (a) the ″Wilson project″ located in Lebel-sur-Quévillon (the ″Wilson Property″); (b) the ″Fenton project″ located in Cha ...
Vicat - Cancellation of funding agreement for the Lebec Net Zero project by the US Department of Energy
Globenewswire· 2025-06-03 06:30
Core Viewpoint - The US Department of Energy has canceled its funding agreement for the Lebec Net Zero project, which is part of a broader termination of 24 awards, but this does not affect Vicat's commitment to decarbonization [2][3]. Company Overview - Vicat Group has been a significant player in the mineral and biosourced building materials industry for 170 years and is listed on the Euronext Paris market, part of the SBF 120 Index, with majority control by the founding Merceron-Vicat family [4]. - The company aims for carbon neutrality in its value chain by 2050 and operates in three main business lines: Cement, Ready-Mixed Concrete, and Aggregates, with activities in 12 countries and nearly 10,000 employees [4]. - In 2024, Vicat generated consolidated sales of €3,884 million [4]. Decarbonization Commitment - Vicat has set specific targets to reduce its direct carbon emissions to 497 kg CO2 net per ton of cement equivalent, and 430 kg CO2 net per ton of cement equivalent in Europe, relying on existing technologies rather than breakthroughs like carbon capture and storage [3].
CleanTech Cancels and Discontinues Shares for Salaries Agreement
Newsfile· 2025-06-03 02:01
Core Points - CleanTech Vanadium Mining Corp. has decided to discontinue the Shares for Services Agreement effective April 1, 2025, following feedback from the TSX Venture Exchange regarding the issuance of shares below the minimum price [1][3][4] - A total of 1,877,863 shares were issued under the agreement, representing 15% of the officers' salaries, with 897,449 shares cancelled due to regulatory concerns [2][3] - The company issued 684,660 Salaried Shares since March 1, 2025, at a deemed price of $0.0225 per share, totaling $15,401.38 in payments to officers [4] Company Overview - CleanTech Vanadium Mining Corp. is an exploration-stage mining company focused on critical mineral resources, owning a 100% interest in the Gibellini vanadium project in Nevada and having rights to acquire the EI Triunfo gold-antimony project in Bolivia [5]
Collective Mining Expands the Outcropping Portion of Apollo by Drilling High-Grade Tungsten, Copper, Gold and Silver Including 124 Metres at 3.03 g/t AuEq (0.66% WO3Eq) from Surface
Prnewswire· 2025-06-02 20:01
Accessibility StatementSkip Navigation The Company currently has nine drill rigs operating as part of its fully funded 70,000-metre drill program for 2025 with seven rigs operating at the Guayabales Project and two rigs turning at the San Antonio Project. Two additional deep capacity rigs are being mobilized to the Guayabales Project to continue testing, at depth, the high-grade Ramp Zone located at the bottom of the Apollo system in early Q3, 2025. The 2025 objectives for the portion of the drilling progra ...
Resouro Strategic Metals Inc. to Attend THE Mining Investment Event in Quebec City
Newsfile· 2025-06-02 13:00
Group 1 - Resouro Strategic Metals Inc. will attend THE Mining Investment Event in Quebec City from June 3 to June 5, 2025 [1][2] - Executive Chairman Christopher Eager and Board Director Anne Landry will be available for one-on-one meetings during the conference [2] - The event aims to bring together mining companies, institutional investors, government officials, and other industry stakeholders for strategic discussions [2] Group 2 - Resouro is a Canadian mineral exploration and development company focused on economic mineral projects in Brazil [3] - The company is listed on multiple exchanges including ASX, TSXV, OTC, and FSE [3]
Fancamp Announces Appointment of CIO
Globenewswire· 2025-06-02 12:15
Group 1: Appointment of Chief Investment Officer - Fancamp Exploration Ltd. has appointed Mr. Kit Spring as Chief Investment Officer (CIO) to enhance the Corporation's investment strategy for growth and asset monetization [1][3] - Mr. Spring brings extensive experience in resource-focused capital allocation and project evaluation, which will be critical in identifying high-potential assets and optimizing investment returns [1][2] Group 2: Background of Mr. Kit Spring - Mr. Spring is a seasoned executive with a strong background in the natural resource industry, having co-founded Bonanza Kings Capital, LLC, and previously worked at EMX Royalty [2] - His experience includes over twenty years in institutional equity research at firms such as Morgan Stanley and Stifel, which aligns with Fancamp's vision [2][3] Group 3: Company Overview and Strategic Focus - Fancamp Exploration Ltd. is focused on creating value through medium-term growth and monetization opportunities in high-potential mineral projects, including a diverse portfolio of mineral claims across Canada [3] - The company holds significant interests in various minerals, including copper, gold, zinc, titanium, and rare-earth metals, and is developing advanced technologies for titanium extraction and recycling [3]
United States Antimony Corporation Announces Participation at Centurion One Capital 6th Annual LA Summit
Newsfile· 2025-06-02 12:00
United States Antimony Corporation Announces Participation at Centurion One Capital 6th Annual LA Summit"The Critical Minerals and ZEO Company"June 02, 2025 8:00 AM EDT | Source: Centurion One Capital Corp.Dallas, Texas--(Newsfile Corp. - June 2, 2025) - United States Antimony Corporation (NYSE American: UAMY) ("USAC," "US Antimony," or the "Company"), announced today that senior management is participating at the Centurion One Capital 6th Annual LA Summit being held at the iconic Beverly Hill ...
Panther Minerals Announces CEO Transition and Debt Settlement
Thenewswire· 2025-05-31 03:00
Management Changes - Mr. Robert Birmingham has stepped down as Chief Executive Officer of Panther Minerals Inc., effective immediately [1] - Mr. Birmingham has been appointed as an independent director on the board, effective immediately [2] - The company has initiated a search for a new Chief Executive Officer and will provide updates as the process progresses [3] Debt Settlement - Panther Minerals has entered into a debt settlement agreement to settle outstanding debts totaling $14,785.71 with an arms-length creditor [4] - The company will issue 924,106 shares at a deemed price of $0.016 per share as part of the debt settlement [4] - The shares issued will be subject to a hold period of four months and one day [4] Financial Strategy - The board of directors believes completing the debt settlement is in the best interests of the company to preserve cash for working capital [5] Company Overview - Panther Minerals is a mineral exploration company focused on its North American project portfolio, particularly in high-quality uranium projects [6]