Core Viewpoint - Fitzroy Minerals Inc. has successfully closed the second and final tranche of its non-brokered private placement, raising a total of approximately $12,000,000 through the issuance of 40,000,000 common shares at a price of $0.30 per share [1][3]. Group 1: Private Placement Details - The final tranche of the LIFE Offering involved the issuance of 23,333,333 shares, generating gross proceeds of about $7,000,000 [1]. - The total gross proceeds from the LIFE Offering and a concurrent private placement amount to $12,000,000 and $540,000 respectively [1][3]. - The securities from the LIFE Offering are not subject to a hold period under Canadian securities laws, while those from the concurrent offering are subject to a four-month hold period [2][3]. Group 2: Use of Proceeds - The proceeds from the private placement will be allocated to exploration activities and property commitments for the Buen Retiro and Caballos projects, as well as for general administrative costs and working capital [4]. Group 3: Finder's Fees and Warrants - The company will pay a total of $940,000.02 in finder's fees and issue 3,133,330 finder's warrants in connection with the private placement [6]. - Each finder's warrant allows the holder to acquire one common share at a price of $0.50 for two years following the final tranche [6]. Group 4: Related Party Transactions - Participation by Clariden Capital Ltd., associated with the company's chairman and a director, constitutes a related party transaction, exempt from formal valuation and minority shareholder approval [7][8].

Blue Star also announces that it has received the final $125,000 payment of the $250,000 exploration grant from the Government of Nunavut's Discover, Invest, Grow ("DIG") program. This grant was awarded to the Company for its successful exploration programs completed in the 2024/25 fiscal year. The DIG program, administered by the Nunavut Department of Economic Development and Transportation, provides financial assistance to mineral exploration companies contributing to the sustainable growth of Nunavut's r ...

TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- Class 1 Nickel and Technologies Limited (CSE: NICO | OTCQB: NICLF) ("Class 1" or the "Company") is pleased to announce the launch of its 2025 summer exploration program on its 100%-owned River Valley PGE-Cu-Ni Project (the "RV Project" or the "Property"), located about 65 kilometres northeast of the City of Sudbury, Ontario, Canada. The RV Project covers approximately 2,916 ha, within which lies several kilometres of prospective geology and known PGE-bearing sulphi ...

TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- Evergold Corp. (TSX-V: EVER, WKN: A2PTHZ) ("Evergold" or the "Company") is pleased to announce that it has entered into a binding letter of intent to be granted an option to acquire a 100% ownership interest in four inlier claim groups totaling 173 hectares (the "Option"), located within the northern half of its Golden Lion property (Figures 1 and 2)(the "Acquired Tenures"). The Option, which is subject to the approval of the TSX Venture Exchange, is conditional on ...

MONTREAL, July 09, 2025 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; "BRW" or the "Company") is pleased to report the final set of results obtained as part of the 2025 Winter drill campaign conducted on its Mirage Project. The Mirage Project is located in the Eeyou Istchee– James Bay region of Quebec, approximately 40 kilometers south of the Trans-Taiga Road. This press release primarily focuses on the drilling work carried out in the eastern extension of the MR-6 dyke and the " ...

Canterra Minerals Drills 4.07% CuEq over 4.20 m 800 m Northeast of the Buchans Lundberg Deposit and Begins Phase 2 Drill Program July 09, 2025 7:00 AM EDT | Source: Canterra Minerals Corporation Vancouver, British Columbia--(Newsfile Corp. - July 9, 2025) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (FSE: DXZB) ("Canterra" or the "Company") is pleased to report three additional drill holes which returned high-grade drill results from its flagship Buchans Project in Newfoundland's Central Minin ...

Core Viewpoint - Azimut Exploration Inc. is advancing its systematic diamond drilling program to delineate the Fortin antimony-gold Zone on its Wabamisk Property in Québec, Canada, following promising previous results and aiming to enhance the understanding of the mineralization potential in the area [1][2][3]. Company Summary - Azimut Exploration Inc. is a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Québec [18]. - The Wabamisk Property is a wholly owned project covering 662 claims over an area of 350.5 km², strategically located near other significant mineral deposits and infrastructure [11]. - The company is also advancing other projects, including the Elmer Gold Project, which has indicated and inferred resources of 311,200 ounces and 513,900 ounces of gold, respectively [19]. Drilling Program Details - The current drilling program aims to define the Fortin Zone over a 1.5-kilometre strike and down to 200 metres vertically, with a minimum of 5,000 metres planned for completion by August [6]. - A second phase of 5,000 metres will follow to infill and expand the mineralized zone, focusing on high-grade gold potential at depth [6]. - Preliminary results from channel sampling have shown significant antimony and gold grades, with peak values of 36.5 g/t Au and 13.4% Sb [5][6]. Mineralization Insights - The Fortin Zone is characterized by a multi-kilometre-long antimony-gold-bearing feldspar porphyry sill hosted in sheared metasediments, with continuity of antimony mineralization confirmed over a strike length of at least 1.5 kilometres [2][3]. - The mineralized system is primarily hosted in an east-west striking, subvertical feldspar porphyry intrusive sill, with antimony-rich systems being unusual in the Archean settings of Québec [13]. Market Context - The price of antimony has surged to US$60,000 per tonne due to supply shortages, with China accounting for 60% of global production, highlighting the strategic importance of antimony as a critical mineral [10]. - The ongoing supply constraints and trade disputes have increased the risk of supply disruptions, potentially leading to further price appreciation [10].

He's headed to Ghana, is heading to Namibia. Can you tell us bit more the significance of the Prime Minister's visits. Hi, Yvonne.So this this comes 30 years later after former heads of states have visited Africa, particularly from India, and several ways to look at this significance. One of them is that China is the world's largest producer of rare earth minerals, and in the recent past, we've seen them starting to restrict exports for geopolitical leverage. And that leaves players like India looking for a ...

Core Viewpoint - Atomic Minerals Corporation is recommending a consolidation of its common shares at a ratio of two pre-consolidated shares for one new post-consolidated share to enhance flexibility and position the company for long-term growth [1][4]. Share Consolidation - The company currently has 58,331,591 common shares issued and outstanding, which will reduce to approximately 29,165,795 shares post-consolidation [2]. - The company's name and stock symbol will remain unchanged, but the CUSIP and ISIN numbers will be updated. Fractional shares will be rounded up or cancelled based on specific thresholds [2]. Debt Settlement - The company plans to settle up to $350,000 of outstanding debts by issuing up to 7,000,000 common shares at a price of $0.05 per share on a post-consolidated basis [3]. - After the consolidation and debt settlement, the total number of common shares is expected to be approximately 36,165,795 [3]. Company Strategy - The CEO of Atomic Minerals Corporation emphasized the importance of share consolidation in negotiating favorable terms for potential acquisitions and funding for future projects [4]. - The company is focused on exploring underappreciated regions with geological similarities to areas with previous uranium discoveries, aiming to capitalize on these opportunities [5][6].

VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to announce SAGA’s geophysics team has confirmed significant oxide mineralization in the northwest section of the 100% owned Radar Titanium Property (the “Property) over the site previously drilled back in 1996. Northwest Zone, Radar Property During the historic Voisey’s Bay ni ...