Core Viewpoint - Scandium International Mining Corp. has received a mining license for its Nyngan Scandium Project in New South Wales, marking a significant milestone after a nine-year application process [1][2][3] Group 1: Project Development - The grant of Mining Lease No 1893 provides regulatory certainty for advancing strategic partnerships, offtake contracts, and financing for the project [2] - The mining lease is valid for an initial term of 21 years until October 2046, allowing the operator to apply for renewal [5] - The Nyngan Scandium Project is designed as a small surface mining operation, with an annual recovery of approximately 75,000 tons of limonite ore [7] Group 2: Market Context - There is a growing demand for scandium, classified as a critical mineral by several governments, and the project aims to supply this demand outside of China and Russia [4][6] - The project is positioned to become the world's first primary scandium-mining project, enhancing New South Wales' potential as a leader in sustainable mining of critical minerals [6][8] Group 3: Technical Aspects - The average limonite scandium head grade is 409 ppm, with a projected output of approximately 38,500 kg of scandium oxide per year, grading 98 to 99.9% Sc2O3 [7] - The project development includes a one-year construction period followed by a 24-month ramp-up to reach full capacity [7]

Core Insights - Canadian North Resources Inc. is advancing its Ferguson Lake Project, focusing on bioleaching technology for the extraction of copper, nickel, cobalt, palladium, and platinum [2][3] - Recent bioleaching tests have shown high extraction rates for metals at low temperatures, indicating a potential for low-cost and low-carbon processing [3][6] Bioleaching Technology Evaluation - The company is collaborating with RPC, a leader in bio-metallurgical technology, to develop a low-cost mineral processing flowsheet [2][3] - Bioleaching tests conducted at temperatures between 52-65°C demonstrated significant improvements in metal extraction rates, with copper extraction reaching 88.8% at 65°C [4][6] - The unique mineralogy of the massive sulphides allows for self-sustaining reactions, reducing the need for external heat and acid [6][7] Test Results - The second set of bioleaching tests confirmed extraction rates of 87.7% for copper, 98.6% for nickel, and 98.2% for cobalt within a 28-day leach time [4][6] - Initial cyanide leach tests on residues indicated recoveries of 82% for palladium and 83% for gold, with further tests planned to evaluate PGM recoveries [8][9] Future Testing Phases - Phase 1 will focus on extensive bio-leaching tests to optimize extraction conditions for nickel, cobalt, and copper [10] - Phase 2 will evaluate various recovery options from the bio-leaching solution, including the extraction of metals and PGE from residual products [10] Company Overview - Canadian North Resources Inc. is focused on critical metals for clean energy and electric vehicle industries, with the Ferguson Lake Project being a key asset [13][14] - The project has a substantial mineral resource estimate, including 66.1 million tonnes of indicated resources containing significant amounts of copper, nickel, cobalt, palladium, and platinum [14]

Core Viewpoint - Canadian defense, construction, and metal mining sectors are expected to benefit from increased military spending and accelerated infrastructure projects by the Canadian government [1] Group 1: Defense Sector - Ottawa's commitment to increased military spending is likely to enhance the performance of defense-related companies [1] Group 2: Construction Sector - The acceleration of major infrastructure projects is anticipated to provide a boost to construction companies, contributing positively to the economy [1] Group 3: Metal Mining Sector - Metal mining shares are positioned to gain from the government's focus on infrastructure and defense, which may lead to increased demand for raw materials [1]

Core Viewpoint - Thunder Mountain Gold, Inc. is conducting a private placement to raise up to US$2,500,000 (CAD$3,500,000) through the issuance of 10,000,000 units at a price of US$0.25 (CAD$0.35) per unit, correcting an earlier misstatement regarding the number of units offered [1][3]. Group 1: Private Placement Details - The private placement consists of units, each comprising one common share and one-half common share purchase warrant, with each whole warrant allowing the purchase of an additional share at US$0.40 (CAD$0.55) for 24 months [2]. - The proceeds from the private placement will be allocated for exploration and general working capital [3]. - The private placement is subject to regulatory approval and may be completed in one or more tranches [2][3]. Group 2: Regulatory and Legal Considerations - The private placement will be conducted exclusively for accredited investors and will not be registered under the U.S. Securities Act, thus restricting its sale within the United States [4]. - Securities issued in the private placement will be classified as "restricted securities" and will be subject to a four-month hold period [4]. Group 3: Company Overview - Thunder Mountain Gold, Inc. is a junior exploration company with interests in base and precious metals projects in the western U.S., primarily focusing on The South Mountain Mine and the Trout Creek Project [6]. - The South Mountain Mine is a polymetallic project with high-grade deposits of zinc, silver, gold, and copper, located approximately 70 miles southwest of Boise, Idaho [7]. - The company has invested approximately US$25 million into the South Mountain Project since acquiring it in 2007, with historical mining yielding significant mineralized material [7][8].

Core Insights - Prismo Metals Inc. has announced expanded drilling plans at the Silver King project in Arizona following the receipt of final assay results, which indicate high-grade mineralization in both silver and copper [1][2][23]. Summary by Category Assay Results - The final assay results include significant overlimit values: 757 g/t Ag, 1.5% Cu, 6.7% Pb, and 11.5% Zn from a newly discovered polymetallic vein, and 619 g/t Ag and 511 g/t Ag from samples taken at the Silver King shaft area [1][2]. - Overlimit copper assays ranged from 1.11% to 2.43% for three samples from the replacement mineralization area, indicating promising mineralization potential [2]. Geological Insights - The Silver King project features a newly described polymetallic vein and a copper vein, with geological mapping indicating various types of mineralization [4][7]. - The Silver King mine is strategically located 3 km from the Resolution Copper deposit, which is one of the largest unmined copper deposits globally, with an estimated resource of 1.787 billion metric tonnes at an average grade of 1.5% copper [23]. Drilling Plans - Initially, a drill program of about 1,000 meters was planned to test the upper half of the Silver King mineralized body and adjacent areas [8]. - Following recent discoveries, the company plans to add a second phase of drilling for an additional 1,000 meters, focusing on newly identified targets, including the polymetallic and copper veins [9][13]. Historical Context - The Silver King mine has a rich history, having produced nearly 6 million ounces of silver at grades up to 61 oz/t, with recent small-scale production samples returning grades as high as 644 oz/t silver [23]. Company Overview - Prismo Metals Inc. is focused on advancing its Silver King, Ripsey, and Hot Breccia projects in Arizona, as well as its Palos Verdes silver project in Mexico [24].

Core Viewpoint - Magna Mining Inc. has successfully closed a brokered offering of common shares, raising approximately $50 million in gross proceeds, which will be utilized for advancing its properties and for general expenses [1][4]. Group 1: Offering Details - The offering consisted of 20,833,300 common shares sold at a price of $2.40 per share [1]. - The offering was facilitated by a syndicate of agents led by Canaccord Genuity Corp., Desjardins Capital Markets, and SCP Resource Finance LP, among others [2]. - The net proceeds will be allocated to advance the Company's existing properties in Sudbury, Ontario, and for general administrative expenses [4]. Group 2: Financial Aspects - The Company paid the agents a cash commission totaling $2,037,962.40 and an additional finder's fee of $225,000 [4]. - The offering was completed under the "listed issuer financing" exemption, meaning the shares are not subject to a hold period under Canadian securities laws [3]. Group 3: Company Overview - Magna Mining Inc. operates in the Sudbury mining district of Ontario, focusing on copper, nickel, and platinum group metals [6]. - The primary asset is the McCreedy West Mine, which is currently in production, supported by other past-producing properties [6]. - The Company aims to unlock long-term shareholder value through production and exploration opportunities [8].

Core Viewpoint - RecycLiCo Battery Materials Inc. and Alaska Energy Metals Corp. have entered into a Memorandum of Understanding to explore the use of RecycLiCo's hydrometallurgical processing technology for refining metal concentrates from AEMC's Nikolai deposit, which contains several critical minerals [1][3]. Company Overview - RecycLiCo specializes in critical minerals refining and lithium-ion battery upcycling, utilizing advanced hydrometallurgical technologies to recover essential metals from end-of-life batteries and manufacturing scrap [4]. - Alaska Energy Metals Corp. focuses on sustainably delivering critical materials for national security and energy needs, with a commitment to generating superior returns for shareholders [5]. Partnership Details - The partnership will begin with AEMC supplying metal concentrate samples and related data to RecycLiCo's U.S. subsidiary, RUMR, for testing the recovery of nickel and other metals [2]. - The ultimate goal is to develop a co-located hydrometallurgical processing facility at the Nikolai project site following successful testing [2]. Strategic Importance - This collaboration aligns with U.S. national objectives to enhance domestic critical mineral supply chains, particularly in light of geopolitical tensions and reliance on foreign entities for essential minerals [3]. - The Nikolai deposit is significant as it contains seven U.S. Government-designated Critical Minerals, including nickel, cobalt, copper, and platinum, which are vital for various industrial applications [1][7].

Core Insights - Sunrise Energy Metals Limited has received a Letter of Interest from the Export-Import Bank of the United States for potential debt financing of up to US$67 million for the Syerston Scandium Project [2][8] - The Syerston Scandium Project is noted for containing the world's largest and highest-grade scandium deposit, which is crucial for supporting reliable supply chains for US industries [3][5] - The financing from EXIM is part of initiatives aimed at enhancing supply chain resiliency and is eligible for a repayment term of up to 15 years [3][4] Company Developments - The company is encouraged by EXIM's support, which is expected to strengthen customer engagement and secure off-take arrangements as the project moves towards a final investment decision [5][8] - A feasibility study is currently in progress, with completion anticipated in mid- to late-October 2025, to incorporate new metal inventories and optimize the mine plan [6][8] - The financing amount represents approximately half of the estimated development cost for the Syerston Scandium Project, highlighting its strategic importance following China's export controls on rare earth metals [8]

Group 1: Gold and Metal Miners - Gold prices have reached new record highs, with metal miners showing significant performance, up about 100% year-to-date compared to gold's 37% increase [3][4]. - Metal miners are considered undervalued, with expectations of another 100% increase in the next 3 to 4 months, particularly for indexes like GDX and SIL [5]. - The intrinsic value of metal miners is strong due to stable production costs, suggesting they will lead profitability in the coming years [4][20]. Group 2: Economic Health and Job Market - There were significant discrepancies in job data, with nearly 911,000 jobs reported that were not actually there, indicating potential market adjustments [7][10]. - Bankruptcies have increased by 11-12% this year, particularly affecting corporations, which could lead to broader economic challenges [10][11]. Group 3: Real Estate Market - The real estate market is experiencing a surplus of homes for sale, with 500,000 more homes available than buyers, leading to expectations of price declines as the market shifts to a buyer's market [15][16]. - Rising interest rates are impacting affordability, making it difficult for potential buyers to commit to mortgages [16]. Group 4: Investment Strategies - In light of potential market pullbacks, there are opportunities to buy on sale, particularly in technology stocks, which are seen as strong long-term investments [19]. - The focus on metals and metal miners is emphasized as they are expected to be critical for future technologies, including AI and electrification [20][21].

Core Viewpoint - Blende Silver Corp. is advancing its exploration and development activities at the Blende zinc-lead-silver property in Yukon, with ongoing regulatory processes for mining permits and significant mineral resource estimates indicating potential for substantial mineral extraction [1][2][5]. Group 1: Project Development - The Company submitted a Class 4 Quartz Mining Land Use Approval application in January 2025, which is crucial for exploration and development at the Blende property [2]. - Proposed activities include upgrading existing trails, constructing new infrastructure such as a heli-pad and airstrip, and supporting a 25,000-meter drill program with up to 50 surface diamond drill holes annually [2]. - A smaller Class 1 Exploration Notification is being initiated to support a surface drill program with a temporary camp for less than 250 person-days [3]. Group 2: Mineral Resource Estimates - The Blende property hosts a significant mineral resource, with an Indicated Mineral Resource of 4.6 million tonnes grading 1.82% Zn, 1.63% Pb, and 30.3 g/t Ag, translating to approximately 187 million pounds of zinc, 167 million pounds of lead, and 4.5 million ounces of silver [5][6]. - An Inferred Mineral Resource of 42.2 million tonnes grading 1.83% Zn, 1.62% Pb, and 27.5 g/t Ag is also reported, equating to about 1.7 billion pounds of zinc, 1.5 billion pounds of lead, and 37.3 million ounces of silver [5][6]. - The mineralization is characterized as a Proterozoic-aged carbonate-hosted massive sulphide deposit, forming a mineralized corridor over 6 km [5]. Group 3: Regulatory Engagement - The Yukon Environmental and Socio-economic Assessment Board (YESAB) has extended the public comment period for the project until September 18, 2025, encouraging stakeholder participation [3]. - The Company is actively engaging with regulatory authorities to facilitate the approval process for the Class 4 Quartz Mining Permit [2]. Group 4: Historical Context - The Blende property was reported in 1995 as the largest strata-bound, carbonate-hosted, zinc-lead deposit in Yukon, highlighting its historical significance in the mining sector [4].