Mineral Exploration
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New Earth Resources Becomes Member of the Critical Minerals Institute
Globenewswire· 2026-01-29 08:05
Core Insights - New Earth Resources Corp. has joined the Critical Minerals Institute (CMI), enhancing its engagement in the critical minerals sector [1][3][4] Industry Overview - The Critical Minerals Institute aims to provide insights into the strategic importance, sustainability, and value of critical minerals, which are essential for technological innovation and industrial development [2] - CMI offers educational programs, masterclasses, a weekly Critical Minerals Report, and networking events to connect industry leaders, investors, and experts [2] Company Developments - Membership in CMI grants New Earth access to a global network of industry professionals and potential partners, allowing the company to stay informed about emerging trends and regulatory developments [3] - The CEO of New Earth emphasized that the insights and resources from CMI will support the company's exploration initiatives and strategic decision-making [4] Company Profile - New Earth Resources Corp. is a Canadian mineral exploration company focused on acquiring and developing advanced and early-stage exploration projects, with its flagship project being the Lucky Boy Uranium Property in Arizona, USA [4] - The company holds a 100% interest in the Lucky Boy project, which includes 14 Lode Claims over approximately 273 acres, and has a history of uranium production in the 1950s and 1970s [4] - Additionally, New Earth has options to acquire interests in projects prospective for rare earth elements, including the SL Project in Quebec and the Red Wine Rare Earth Project in Labrador [5]
Formation Metals Mobilizes Second Rig to Accelerate 14,000 Metre Drill Program at its Advanced N2 Gold Project
Accessnewswire· 2026-01-29 08:01
Core Viewpoint - Formation Metals Inc. is advancing its exploration efforts by mobilizing a second drill rig to its N2 Gold Property to expedite a fully funded 30,000 metre drill program [1] Financial Position - The company has working capital of approximately C$12.1 million and maintains a zero debt status [1]
AXO Copper Corp. Announces Upsize of Previously Announced Bought Deal to $35 million
Globenewswire· 2026-01-29 02:13
Core Viewpoint - AXO Copper Corp. has announced a bought deal offering of 50,000,000 units at a price of $0.70 per unit, aiming to raise gross proceeds of $35,000,000 due to strong investor demand [2]. Group 1: Offering Details - Each unit consists of one common share and one-half of a warrant, with each whole warrant exercisable into one common share at a price of $1.00 for 18 months [3]. - The company has granted underwriters an option to purchase up to an additional 15% of the offering, potentially raising total gross proceeds to $40,250,000 if fully exercised [4]. - The offering is scheduled to close on or about February 19, 2026, subject to necessary approvals [6]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for exploration and advancement of the La Huerta Project and San Antonio Gold Project, as well as for general working capital purposes [5]. Group 3: Company Overview - AXO Copper Corp. is engaged in the exploration and development of the La Huerta property, a new copper discovery in Jalisco, Mexico, and the San Antonio gold property, a past-producing oxide copper mine located in Sonora, Mexico [9].
Collective Metals Announces Closing of Private Placement for Gross Proceeds of CDN $1,438,665.72
Globenewswire· 2026-01-28 23:26
VANCOUVER, British Columbia, Jan. 28, 2026 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to announce that is has closed its non-brokered private placement (the “Offering”) previously announced on January 8, 2026 and January 9, 2026 and has issued 16,925,479 units (each, a “Unit”), at a price of $0.085 per Unit, for aggregate gross proceeds of $1,438,665.72. Each Unit is comprised of one common share of the Company (each, a “Share”) ...
Collective Metals Announces Closing of Private Placement for Gross Proceeds of CDN $1,438,665.72
Globenewswire· 2026-01-28 23:26
Core Viewpoint - Collective Metals Inc. has successfully closed a non-brokered private placement, raising approximately $1.44 million through the issuance of 16,925,479 units at a price of $0.085 per unit [1][2]. Group 1: Offering Details - The Offering consists of units, each comprising one common share and one transferable common share purchase warrant, with the warrants exercisable at $0.105 for 24 months [1]. - An accelerated expiry clause allows the company to shorten the warrant expiry if the share price exceeds $0.20 for ten consecutive trading days [1]. - Finder's fees of $57,020.75 and 670,833 finder's warrants were paid to arm's length parties in connection with the Offering [2]. Group 2: Use of Proceeds - The proceeds from the Offering will be utilized for general working capital purposes [2]. Group 3: Company Overview - Collective Metals Inc. is a resource exploration company focused on critical and precious metals exploration in North America [4]. - The company's Rocas project spans 4,002 hectares and is located 75 kilometers southwest of the Key Lake Mine, featuring several uranium showings with historical mineralized outcrop grab samples grading up to 0.5 wt.% U3O8 [5].
Meryllion Resources Announces Grant of Stock Options
TMX Newsfile· 2026-01-28 23:12
Group 1 - Meryllion Resources Corporation has granted 8,400,000 stock options to officers, directors, and consultants, each exercisable at $0.08 for three years [1] - The options vest immediately and are subject to a statutory hold period of four months plus one day [1] Group 2 - Meryllion is an exploration stage company listed on the Canadian Securities Exchange, recently entering a lease and option agreement for the Makenzie gold/silver/antimony project in Nevada [2] - The Makenzie project is noted as one of the largest untested gold, silver, and antimony anomalies in Nevada [2] Group 3 - Meryllion has rights to acquire up to a 100% interest in the Westbury and Tasmanian Strategic Green Metals ionic adsorption clay hosted rare earth elements projects in Tasmania, covering approximately 800 km² [3] - The IAC REE projects are located near discoveries by ABx Group Limited, which reported high concentrations of Terbium and Dysprosium in their resources [3]
CopperCorp Marketing Services Agreement
TMX Newsfile· 2026-01-28 22:16
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2026) - CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) ("CopperCorp" or the "Company") announces that further to its news release dated January 27th, the Company entered into a consulting services agreement with Capital Analytica dated January 27, 2026 (the "Agreement") for capital markets and social media consultation, social sentiment reporting, social engagement reporting, news release and corporate video dissemination, and marketing comm ...
AXO Copper Corp. Announces $25M Bought Deal Financing of Units
Globenewswire· 2026-01-28 21:38
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. HALIFAX, Nova Scotia, Jan. 28, 2026 (GLOBE NEWSWIRE) -- AXO Copper Corp. (TSXV: AXO) (the "Company" or "AXO Copper") is pleased to announce it has entered into an agreement with Desjardins Capital Markets and BMO Capital Markets, to act as co-lead underwriters and joint bookrunners (together with a syndicate of underwriters, the ...
Hertz Energy Inc. Options 100% Interest in High-Grade District-Scale Crag and Rod Properties in Yukon
TMX Newsfile· 2026-01-28 19:45
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2026) - Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: A340) ("Hertz Energy" or the "Company") is pleased to announce that is has entered into an Option Agreement with Strategic Metals Ltd. to acquire a 100% interest in the Crag and Rod properties, together with and including the Craig silver-lead-zinc deposit (collectively, the "Project"), located in east-central Yukon.The Crag and Rod projects are situated within the Craig Belt, a prospective s ...
Bedford Metals Signs Exploration Agreement with English River Nation
Thenewswire· 2026-01-28 15:10
Core Viewpoint - Bedford Metals Corp. has entered into an exploration agreement with the English River First Nation to collaborate on the Sheppard Lake Uranium Project in Saskatchewan, emphasizing responsible mineral exploration and mutual respect [1][2][6]. Group 1: Agreement Details - The agreement establishes a framework for collaboration between Bedford Metals and the English River First Nation regarding the Sheppard Lake Uranium Project, located in the Athabasca Basin [2]. - The agreement reflects a commitment to responsible mineral exploration, open communication, and mutual respect between the parties involved [2]. Group 2: English River First Nation Overview - The English River First Nation is situated approximately 500 kilometers north of Saskatoon within Treaty 10 territory and has residential reserves at Wapatuanak and La Plonge [3]. - ERFN comprises a diverse community of nearly 1,800 members, speaking languages such as Dene, Cree, Michif, English, and French, and is known for its collaboration and land stewardship [4]. - The First Nation has demonstrated leadership in building economic relationships and community development partnerships, fostering long-term support across northern Saskatchewan [5]. Group 3: Company Profile - Bedford Metals Corp. is focused on the acquisition and exploration of uranium and other strategic mineral assets in Canada [6].