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Eminent Expands HSRP Claims in Key Area
Prnewswire· 2026-01-13 12:31
Core Insights - The company has secured new claims in the Eden Corridor, which is part of the emerging Carlin-type oxide gold system discovery at HSRP, located parallel to the Getchell Trend known for high-grade deposits [1][3] - Recent gravity survey results indicate a larger and continuous structural corridor than previously recognized, extending southwest from the Eden target, supported by a 3 km long gold-in-soil anomaly [1][2] - The acquisition of these claims is aimed at controlling the key ground in a promising new trend in Nevada, as stated by the company's President and CEO, Dan McCoy [3] Geological Context - The Eden area has been identified as a high-priority focus for the company, with geological data supporting the prospectivity of the region [3] - The structural architecture and geochemical signatures in the Eden Corridor closely resemble those of world-class deposits in the Getchell Trend, including significant thrust faults and deep crustal feeders [1] Strategic Actions - Following the confirmation of the scale and continuity of the fault corridors, the company acted swiftly to secure the entire anomalous trend to prevent competitive activity [2]
NV Gold Announces Grant of Stock Options
Accessnewswire· 2026-01-12 22:20
Group 1 - NV Gold Corporation has granted 700,000 stock options to directors, officers, and employees at a price of $0.22 per share for a period of five years, subject to regulatory approval [1] - The company is well-organized with approximately 24.2 million shares issued and no debt [2] - NV Gold has 12 exploration projects in Nevada and one in Switzerland, focusing on three priority projects: Slumber, Triple T, and SW Pipe [2] Group 2 - The company is based in Vancouver, British Columbia, and Reno, Nevada, aiming to deliver value through mineral discoveries in Nevada, USA [2] - NV Gold leverages its expansive property portfolio, experienced in-house technical team, and extensive geological data library for productivity in 2026 [2]
Lodestar Metals Strengthens Board with Appointment of David Christie as Chairman of the Company
TMX Newsfile· 2026-01-09 12:35
Core Insights - Lodestar Metals Corp. has appointed David Christie as Chairman, bringing extensive experience in mining and capital markets to the role [2][4] Group 1: Leadership Appointment - David Christie has been recognized for his technical expertise and corporate development leadership, which aligns with the company's goal of becoming a high-impact exploration firm [2] - Christie has a strong conviction in Lodestar's assets and strategy, particularly highlighting the Goldrun Project's advantageous location on a major Carlin-style gold trend [2][4] - His previous roles include significant positions at Globex Mining Enterprises Inc. and Orford Mining Corp, showcasing a robust background in mining finance and exploration [2] Group 2: Stock Options - The company has granted a total of 1,600,000 stock options to its directors, officers, and consultants, exercisable at $0.15 per common share with a five-year term [3] Group 3: Company Overview - Lodestar Metals Corp. is focused on advancing the Goldrun Project in Nevada, strategically located near some of North America's largest gold deposits [4] - The company's strategy emphasizes a disciplined approach to discovery, focusing capital on high-value targets and building a compliant gold resource [4]
Exploits Increases and Closes Final Tranche of Its Flow Through Share Private Placement
TMX Newsfile· 2025-12-30 22:01
Core Viewpoint - Exploits Discovery Corp. has successfully closed the final tranche of its non-brokered private placement, raising an additional $690,750 through the issuance of 9,210,000 flow-through common shares at a price of $0.075 per share [1]. Group 1: Financing Details - The final tranche of the financing is subject to a hold period expiring on April 30, 2026, in accordance with Canadian securities laws [1]. - The gross proceeds from the financing will be used for eligible Canadian exploration expenses, specifically for flow-through mining expenditures in Québec and Ontario [2]. - The company will incur these qualifying expenditures on or before December 31, 2026, and will renounce them to the subscribers of the flow-through shares by December 31, 2025, for an amount not less than the gross proceeds raised [3]. Group 2: Finder's Fees and Participation - The company paid a total cash finder's fee of $37,170 in connection with the financing, with no finder's warrants issued [4]. - Directors and officers of the company participated in the financing, relying on exemptions from minority approval and valuation requirements under MI 61-101 [4]. Group 3: Company Overview - Exploits Discovery Corp. is a Canadian gold exploration company focused on expanding its resources in top-tier mining jurisdictions in Québec and Ontario, with approximately 680,000 ounces of historical gold resources across its projects [6]. - The company's strategy aims to unlock district-scale potential through systematic exploration and strategic partnerships, thereby creating shareholder value through discovery and resource growth [6].
Aben Gold Receives First Payment of Option Agreement
Globenewswire· 2025-12-30 12:00
Core Viewpoint - Aben Gold Corp. has successfully received the first payment under an option agreement with Kingfisher Metals Corp., marking a significant step in the acquisition process of the Forrest Kerr Project [1][2]. Group 1: Option Agreement Details - Aben Gold has granted Kingfisher a three-year option to acquire a 100% interest in the Forrest Kerr Project, which consists of 50 mineral claims covering approximately 20,197 hectares [2]. - The total commitment for Kingfisher to earn the 100% interest includes combined cash and share issuance commitments amounting to CAD $2.7 million [2]. Group 2: Financial Terms - The first payment received by Aben Gold includes CAD $150,000 and 1,886,792 shares of Kingfisher, with the total cash payments structured as follows: - On the closing date: CAD $150,000 and shares valued at CAD $500,000 - Within 6 months: CAD $150,000 and shares valued at CAD $500,000 - Within 12 months: CAD $200,000 and shares valued at CAD $500,000 - Within 36 months: CAD $700,000 [4]. Group 3: Project Management - Kingfisher will act as the operator of the Forrest Kerr Project during the option period, indicating a collaborative approach to project development [3][5]. Group 4: Company Overview - Aben Gold Corp. is a Canadian gold exploration company with projects in the Yukon Territory and British Columbia, aiming to enhance shareholder value through new discoveries and development in favorable jurisdictions [7]. - The company currently has 23.2 million shares outstanding [8].
Trojan Gold Inc. Clarifies Status of Its Non-Brokered Unit Offering
TMX Newsfile· 2025-12-24 21:00
Core Viewpoint - Trojan Gold Inc. is planning to close a non-brokered private placement of 2,000,000 units at a price of $0.10 per unit, aiming for total gross proceeds of $200,000 by December 31, 2025 [1][2]. Group 1: Private Placement Details - The private placement will consist of units that include one common share and one common share purchase warrant, with each warrant allowing the purchase of an additional common share at an exercise price of $0.15 for 24 months from the closing date [2]. - The total subscription price of $200,000 has been satisfied by amounts previously advanced to the company [1]. - All securities from the placement will be subject to a four-month and one-day hold period from the closing date, and no finders' fees will be paid [3]. Group 2: Related Party Transaction - The issuance of the units is classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from valuation and minority approval requirements as the fair market value does not exceed 25% of the company's market capitalization [4]. Group 3: Company Overview - Trojan Gold Inc. is an Ontario-based prospect generator junior exploration company, focusing on mineral exploration potential in the Hemlo Gold Camp and Shebandowan Greenstone Belt [5]. - The company is listed on the Canadian Securities Exchange under the symbol CSE: TGII and on the Frankfurt Exchange under the symbol KC1 [5].
Exploits Closes Charity Portion of its Flow Through Financing with Quebec Funds
TMX Newsfile· 2025-12-24 18:34
Core Viewpoint - Exploits Discovery Corp. has successfully closed the charity portion of its flow-through non-brokered private placement, raising approximately $1.45 million to fund its exploration activities in Québec [1][2]. Group 1: Financing Details - The company issued a total of 16,666,666 flow-through common shares at a price of $0.087, resulting in total proceeds of $1,449,999.94 [1]. - The shares are subject to a hold period expiring on April 25, 2026, in accordance with Canadian securities laws [1]. - A cash finder's fee of $28,000 was paid to eligible finders, with no finder's warrants issued [5]. Group 2: Use of Proceeds - The gross proceeds from the financing will be allocated to eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" in connection with the company's exploration portfolio in Québec [3]. - The company plans to incur these qualifying expenditures on or before December 31, 2026, and will renounce them to the subscribers of the Charity FT Shares by December 31, 2025 [4]. Group 3: Company Strategy and Operations - The financing is seen as an endorsement of the company's strategy in Québec, enabling the execution of its winter drilling program on high-priority targets [2]. - Exploits Discovery is focused on advancing its gold projects in Québec, which include approximately 680,000 ounces of historical gold resources across multiple projects [9].
Trojan Gold Inc. Closes a Non-Brokered Unit Offering
TMX Newsfile· 2025-12-23 22:44
Core Viewpoint - Trojan Gold Inc. has successfully closed a non-brokered private placement, raising a total of $200,000 through the issuance of 2,000,000 units at a price of $0.10 per unit [1][2]. Group 1: Private Placement Details - The units consist of one common share and one common share purchase warrant, with each warrant allowing the purchase of an additional common share at an exercise price of $0.15 for 24 months [2]. - The total gross proceeds from the private placement were satisfied by amounts previously advanced to the company [1]. - All securities issued are subject to a four-month and one-day hold period from the closing date, and no finders' fees were paid [3]. Group 2: Related Party Transaction - The issuance of the units is classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from valuation and minority approval requirements [4]. - The fair market value of the transaction does not exceed 25% of the company's market capitalization, allowing the company to proceed without additional approvals [4]. Group 3: Company Overview - Trojan Gold Inc. is a junior exploration company based in Ontario, focusing on mineral exploration in the Hemlo Gold Camp and Shebandowan Greenstone Belt [5]. - The company is led by a team with expertise in exploration, engineering, project financing, and permitting [5]. - Trojan Gold is listed on the Canadian Securities Exchange under the symbol CSE: TGII and on the Frankfurt Exchange under the symbol KC1 [5].
Pelangio Exploration Announces Receipt of $1,395,933 in Proceeds from Warrant Exercise
TMX Newsfile· 2025-12-23 22:30
Core Viewpoint - Pelangio Exploration Inc. has raised gross proceeds of $1,395,933.35 through the exercise of 27,918,667 common share purchase warrants at an exercise price of $0.05 per warrant, which will be used to advance its projects and for general working capital [1][2]. Group 1: Financial Details - The company received gross proceeds of $1,395,933.35 from the exercise of 27,918,667 common share purchase warrants [1]. - The exercise price for the warrants was set at $0.05 each [1]. Group 2: Use of Proceeds - The proceeds will be allocated towards advancing the company's projects and for general working capital and corporate purposes [2]. - The company plans to continue work across its Ghana and Canadian portfolios [2]. Group 3: Company Overview - Pelangio Exploration Inc. focuses on acquiring and exploring land packages in gold-rich regions, specifically in Ghana and Canada [3]. - In Ghana, the company is exploring two 100% owned properties: the 100 km² Manfo property, which has eight near-surface gold discoveries, and the 284 km² Obuasi property, located near AngloGold Ashanti's high-grade Obuasi Mine [3].
Tajiri Resources Announces Results of AGM
TMX Newsfile· 2025-12-22 21:07
Core Viewpoint - Tajiri Resources Corp. held its Annual General Meeting of Shareholders on December 22, 2025, where significant corporate governance decisions were made, including the appointment of key officers and the ratification of a new stock option plan [1][4]. Group 1: Corporate Governance - Shareholders unanimously appointed Mr. Graham Keevil as President and Chief Executive Officer and Mr. Bilal Bhamji as Chief Financial Officer until the next AGM [1]. - The board of directors was authorized to fix the remuneration of the newly appointed auditor, De Visser Gray LLP, for the financial year ending April 30, 2026 [4]. - The Company ratified and approved a new 10% rolling stock option plan [4]. Group 2: Company Overview - Tajiri Resources Corp. is a junior gold exploration and development company with assets located in Guyana, South America, aiming to generate high returns for shareholders through exploration and discovery [2]. - The management team has over 100 years of combined experience, including 40 years specifically in Guyana, and a successful track record of discovering approximately 20 million ounces of gold in various regions [2].