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Greenridge Provides Update on 2025 Athabasca Basin Region Exploration Activities
Globenewswire· 2026-01-29 13:00
Core Insights - Greenridge Exploration Inc. has provided an update on its uranium and critical metals exploration activities in the Athabasca Basin region of Saskatchewan, Canada, for the year 2025 [1][2]. Exploration Activities - In 2025, the company conducted an extensive exploration program across six projects in northern Saskatchewan, utilizing advanced technologies to create a robust geological dataset for future drilling initiatives [2]. - The exploration team, contractors, and partners were commended for their dedication and expertise, with plans to advance results into the 2026 field season [2]. Project Summaries Hook-Carter Uranium Project - The Hook-Carter project consists of 11 claims covering 25,115 hectares and is located approximately 147 kilometers northeast of La Loche, SK [5]. - It is interpreted to host the northeastern strike extension of the Patterson Lake Corridor, which includes significant uranium deposits [5]. - Greenridge holds a 20% interest in Hook-Carter, with an option to increase to 25% by spending $3 million on exploration by November 2026 [6]. - A moving loop time-domain electromagnetic survey was completed in fall 2025, enhancing target resolution and validating previous interpretations [6][7]. Carpenter Lake Uranium Project - Carpenter Lake consists of 12 mineral claims covering approximately 18,680 hectares, with Greenridge owning 60% and acting as the operator [8]. - The project lies along the Cable Bay Shear Zone, a major geological structure that remains underexplored [9]. - In September 2025, eight diamond drill holes were completed, totaling 1,368 meters, intersecting prospective lithologies for uranium mineralization [10]. - Anomalous radioactivity was detected in three of the eight drill holes, indicating potential uranium-bearing fluids mobilized along the CBSZ [11]. Sabre Uranium Project - The Sabre project comprises 39 claims totaling 23,178 hectares, located approximately 30 kilometers west of Stony Rapids, SK [12]. - A deep-penetrating MobileMT airborne electromagnetic survey was conducted in spring 2025, covering 1,536 line kilometers [13]. - The results are being integrated into a 3-D model to assist in identifying new target zones [13][14]. McKenzie Lake Uranium Project - McKenzie Lake consists of three mineral claims covering approximately 5,766 hectares, 100% owned by Greenridge [15]. - An airborne electromagnetic survey was conducted in 2025, mapping a major fault zone and discrete conductive zones [17]. - The project has an active exploration permit valid until March 31, 2027 [19]. Bradley Lake Uranium Project - Bradley Lake consists of a single mineral claim of 1,147 hectares, 100% owned by Greenridge [20]. - Historical uranium showings have been documented, with grades in outcrop samples reaching up to 3.53% U3O8 [20]. - An airborne survey in 2025 provided high-resolution EM data, detecting a conductive zone associated with known uranium-bearing zones [21][22]. Flying Vee Nickel Project - The Flying Vee project consists of five mineral claims totaling 9,036 hectares, located approximately 25 kilometers north of Stony Rapids, SK [23]. - An airborne survey in 2025 detected conductive zones coincident with mineral showings, and radiometric data was collected to map the potential extent of the Day Lake gold showing [24][25]. - The project has an active exploration permit valid until March 31, 2028 [25]. Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on creating shareholder value through the acquisition, exploration, and development of critical mineral projects in Canada [29]. - The company owns or has interests in 23 projects covering approximately 269,246 hectares, with significant exposure to potential uranium, nickel, copper, and gold discoveries [29][30].
Magna Terra Expands Land Position in Northern New Brunswick; Acquires the Oxford Project
TMX Newsfile· 2026-01-29 13:00
Toronto, Ontario--(Newsfile Corp. - January 29, 2026) - Magna Terra Minerals Inc. (TSXV: MTT) (the "Company" or "Magna Terra") is pleased to announce that it has acquired the Oxford Project (the "Project"), located in northern New Brunswick, via an option agreement. The Project underlying the option agreement comprises 5 mineral claims totaling 3,400 hectares that are situated along and adjacent to the Rocky Brook-Millstream Fault System (Figure 1) within the greater Bathurst Mining Camp ("BMC").The Projec ...
North American Niobium and Critical Minerals Corp. Plans High-Resolution Magnetic Drone Survey at Bardy and Blanchette Properties, Québec
Globenewswire· 2026-01-29 12:30
Core Viewpoint - North American Niobium and Critical Minerals Corp. is planning a high-resolution magnetic drone survey over its Bardy and Blanchette properties to enhance its exploration strategy for rare earth elements and niobium mineralization [1][7]. Planned UAV Magnetic Survey Overview - The UAV magnetic survey will cover approximately 191 line-kilometers with flight lines spaced 50 meters apart at an altitude of 20-30 meters above ground level, utilizing a Scintrex Cs-VL magnetometer [3][8]. - The survey aims to generate detailed magnetic data to assist in identifying structural and lithological trends associated with prospective REE-Nb-bearing granitic pegmatites [4][8]. Exploration Rationale and Next Steps - The properties have shown areas of interest based on recent positive grab sample results, which support further systematic follow-up targeting [5]. - After the survey, the company plans to integrate the magnetic data with existing geological observations to refine priority areas for follow-up mapping and sampling [6]. Company Background - North American Niobium and Critical Minerals Corp. focuses on the acquisition and development of precious, base, and critical mineral assets, including properties in British Columbia and Quebec that are strategically important for energy and defense applications [9].
Golden Spike Soil Sampling Outlines Gold-Zinc-Copper-Arsenic Anomalies at Gregory River
TMX Newsfile· 2026-01-29 12:30
Core Insights - Golden Spike Resources Corp. announced positive results from soil sampling surveys at its Gregory River Copper-Gold Property in Newfoundland, particularly highlighting the Lower Mitchell, Steep Brook North, and Vein Zone East target areas [1][4]. Lower Mitchell Soil Sampling Highlights - A 600 m strike length of coincident gold-zinc-copper and arsenic soil anomalies was identified, indicating significant exploration potential [4][7]. - Soil sampling covered an area of approximately 550 m by 560 m, with 225 samples collected along twelve lines spaced 50 m apart [5][6]. - Individual soil grades reached up to 885 ppb gold, 1,520 ppm zinc, 1,797 ppm copper, and >10,000 ppm arsenic, with the majority of the target remaining unexplored [7][10]. Steep Brook North Soil Sampling Highlights - A grid of soil samples was collected over an area of approximately 2.6 km by 2.0 km, with 623 samples taken [20]. - Anomalies for copper and gold were identified along a northeast trend, potentially representing the continuation of the Steep Brook Zone [22]. - Significant previous drill results in the area included 1.29% copper and 0.19 g/t gold over 1.5 m, indicating the potential for further exploration [22]. Vein Zone East Soil Results - Soil sampling at the Vein Zone East target yielded low analytical results, with no significant anomaly trends identified [29][30]. - A small amount of regional prospecting was conducted, resulting in weakly anomalous values of copper and gold in two samples collected north of the Camp Brook prospect [30][31]. Next Steps - The technical team will integrate soil results with data from previous drilling and geophysical surveys to plan further exploration, including diamond drilling at Lower Mitchell [36]. - The Lower Mitchell target is noted for its accessibility, which will facilitate exploration efforts [36].
SAGA Metals Commences 2026 MRE Drill Program at Radar Critical Minerals Project in Labrador
Globenewswire· 2026-01-29 12:30
VANCOUVER, British Columbia, Jan. 29, 2026 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discoveries, is pleased to announce the commencement of the 2026 phase of its maiden Mineral Resource Estimate (“MRE”) drill program at the Trapper Zone within the 100%-owned Radar Titanium-Vanadium-Iron Project in Labrador, Canada. Drilling has resumed following the successful return of the Saga te ...
Total Metals commences Exploration Drilling on its Critical Minerals Electrolode Project - Red Lake, Ontario
Thenewswire· 2026-01-29 12:05
Core Viewpoint - Total Metals Corp. has initiated diamond drilling at its Electrolode critical minerals exploration project in Red Lake, Ontario, targeting high-potential mineral resources, including copper and gold [1][9]. Group 1: Exploration Program - The drill program will consist of a minimum of 5,500 meters aimed at confirming and expanding historic results, testing electromagnetic conductors, and assessing metal ratios for higher value copper-gold mineralization [2]. - The first phase targets the Arrow Zone and adjacent Garnet Zone, with plans to explore a 6-kilometer trend of discontinuous EM conductors [3]. - A complex fold pattern in the southwest area of the property, identified through 3D inversion modeling, suggests potential for higher copper grades and exploration opportunities [4]. Group 2: Resource and Target Assessment - The company considers historic resources as indicative of potential higher copper grades, with exploration focusing on structurally modified areas such as fold hinges [4]. - High-grade gold values have been documented in the D zone, with ongoing testing to determine the nature of these gold occurrences [4]. - The results from the current drill program will be crucial for prioritizing future exploration efforts aimed at resource expansion [4]. Group 3: Marketing and Financial Engagement - Total Metals has engaged i2i Marketing Group LLC for a one-month media services agreement, with a total consideration of US$250,000 for marketing services [5]. - The agreement can be extended on a month-to-month basis for the same amount, subject to TSX Venture Exchange approval [5]. - The company has granted 1,162,000 Restricted Stock Units (RSUs) to directors, officers, and consultants, which will vest in 12 months [8]. Group 4: Company Overview - Total Metals Corp. owns the Electrolode Project, covering over 3,300 hectares in northwestern Ontario, targeting critical minerals and gold resources near major mining operations [9]. - The project is fully permitted for exploration drilling and includes 10 historic mineralized zones with significant expansion potential [9]. - The company also owns the High Lake and West Hawk Lake Projects, covering 958 hectares along the Manitoba/Ontario border, with significant exploration potential in the Purex Zone [9].
Silver Valley Metals Announces $2 Million Private Placement Financing
TMX Newsfile· 2026-01-29 12:00
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2026) - Silver Valley Metals Corp. (TSXV: SILV) (OTCQB: SVMFF) ("Silver Valley" or the "Company"), announces that it has filed documents with the TSX Venture Exchange (the "Exchange") seeking conditional approval for its non-brokered private placement (the "Financing"). On receipt of Exchange approval the Company will issue 16,666,667 units at a price of $0.12 per unit (the "Units"), each Unit consisting of one common share and one common share pur ...
Kirkstone Metals Initiates Permitting Process On Gorilla Lake Uranium Project
Thenewswire· 2026-01-29 12:00
Core Viewpoint - Kirkstone Metals Corp. has initiated the permitting process for a multiphase exploration program at its Gorilla Lake project, aiming to advance the project systematically through various exploration techniques and targeted drilling [1][2]. Exploration Program Details - The exploration program consists of three phases: - Phase one involves a comprehensive airborne survey using time domain electromagnetic (EM) and magnetic techniques to confirm historical structural interpretations and identify subsurface conductive targets [2]. - Phase two includes ground-based follow-up activities such as detailed prospecting and robust geophysical surveys to refine priority targets [2]. - Phase three plans to permit up to 7,000 metres of diamond drilling on qualified targets identified in earlier phases [2]. Indigenous Engagement - As part of the permitting process, the company will engage with Indigenous stakeholders to ensure open communication and incorporate local knowledge into the exploration program [3]. Environmental Commitment - The company emphasizes maintaining high environmental standards throughout exploration, working closely with local Nations and regulatory authorities to minimize environmental impact [4]. Market Context - The company highlights the current favorable market conditions for uranium, with prices recently trading over $98.00, indicating a promising time for exploration and investment in uranium assets [4]. Company Overview - Kirkstone Metals Corp. is focused on uranium assets that support the transition to clean energy, with its flagship project located in Saskatchewan's Athabasca Basin, a leading uranium district [6].
GPM Metals Announces up to C$500,000 Non-Brokered Private Placement
TMX Newsfile· 2026-01-29 12:00
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.Toronto, Ontario--(Newsfile Corp. - January 29, 2026) - GPM Metals Inc. (TSXV: GPM) ("GPM" or the "Company") is pleased to announce a non-brokered private placement of up to 6,666,666 units of the Company (the "Units") at a price of C$0.075 per Unit for aggregate gross proceeds of up to approximately C$500,000 (the "Offering"). Each Unit will consist of one common share of the Company and one common share purchase warrant of th ...
West Mining Announces Financing
Thenewswire· 2026-01-29 10:00
Core Viewpoint - West Mining Corp. is initiating a non-brokered private placement to raise up to $600,000 through the issuance of units priced at $0.0525 each, with proceeds aimed at general working capital and mineral property costs [1] Financing Details - The financing will involve the issuance of up to 11,428,571 units, each consisting of one common share and one transferable share purchase warrant [1] - Each warrant allows the holder to purchase one common share at a price of $0.07 for two years from issuance [1] - The company may pay finder's fees related to the financing, and securities issued will be subject to a four-month hold period under Canadian securities laws [1] Company Overview - West Mining Corp. is focused on mineral exploration for copper, gold, and silver on its 100% owned properties, including the Junkers Property and the Spanish Mountain West Property in British Columbia [3] - The company also holds a 100% interest in the Kena Property, which has been optioned to Upside Gold Corp [3]