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Trident Announces $15 Million Bought-Deal Financing
Globenewswire· 2026-01-27 22:43
Core Viewpoint - Trident Resources Corp. has announced a bought-deal financing agreement to raise $15.04 million through the sale of 4 million flow-through shares at a price of $3.76 per share, aimed at funding exploration and drilling activities in its gold projects in Saskatchewan [1][3]. Group 1: Offering Details - The offering consists of 4,000,000 common shares qualifying as flow-through shares, with an option for underwriters to increase the offering by an additional 600,000 shares for up to $2.256 million in gross proceeds [1][2]. - The expected closing date for the offering is around February 18, 2026, subject to customary conditions and regulatory approvals [4]. Group 2: Use of Proceeds - Gross proceeds from the offering will be allocated for exploration, mineral resource expansion, and drilling at Trident's gold projects in the La Ronge Gold Belt, classified as Canadian Exploration Expenses under the Income Tax Act [3]. Group 3: Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the Contact Lake and Greywacke Lake projects, which have significant gold resources [8].
Vanguard Mining Plans Phase 2 Drilling of Up to 7 Holes (2,800 m) at Redonda Copper-Molybdenum Project
Thenewswire· 2026-01-27 21:40
Core Viewpoint - Vanguard Mining Corp. is advancing a Phase 2 Drill and Exploration program at its 100%-owned Redonda Copper-Molybdenum Project, following encouraging results from a previous drill program [1][2]. Drill Program Overview - The Drill Program is fully permitted and aims to build on the results from the recently completed Phase 1 drill program [2]. - It will include reconnaissance-scale Induced Polarization surveying, drilling of up to seven diamond drill holes totaling approximately 2,800 metres, and detailed geological mapping [2]. - The program is designed to test extensions of known mineralization and evaluate new target areas within the broader mineralized system [2]. Recent Drill Results - The Phase 1 drill results confirmed a significantly expanded copper-molybdenum mineralized system at Redonda, with Hole 25-01 intersecting extensive mineralization over much of its 510.74-metre length [3][4]. - Hole 25-01 returned a weighted average grade of 0.1801% copper and 86 ppm molybdenum, while Hole 25-02 returned a weighted average of 0.1344% copper and 128 ppm molybdenum over 129.26 metres [4][7]. - The results demonstrate that mineralization at Redonda is extensive both laterally and vertically [4]. Collaboration with Klahoose First Nation - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor, training opportunities, and the use of Klahoose-affiliated service providers [12]. - Ongoing engagement and adherence to cultural heritage protocols and environmental best practices are emphasized throughout the program [12]. Geological Context - The Redonda Project comprises nine mineral claims totaling 2,746.46 hectares, located in a region with significant geological characteristics similar to other porphyry-style copper-molybdenum systems in southwestern British Columbia [13][14]. - The geological setting includes early Cretaceous dioritic intrusions and mineralization primarily along a hornblende-rich dike [14][15]. Quality Assurance and Analytical Procedures - Quality assurance and quality control protocols were implemented during the drilling and analysis, including the use of certified reference materials and blanks [8][18]. - Analytical work was conducted by ALS Laboratories, which is independent and accredited to ISO/IEC 17025 standards [19].
Rokmaster Receives Drill Permit Extension on Duncan Lake Project
TMX Newsfile· 2026-01-27 14:30
Core Viewpoint - Rokmaster Resources Corp. is advancing the Duncan Lake Project in British Columbia, which has significant potential for critical metals, particularly zinc and high-grade silver mineralization [1][4]. Group 1: Project Overview - The Duncan Lake Project has been under development for nearly a decade and features several drill-ready targets primarily focused on zinc mineralization [1]. - The project is strategically located within 180 km of the Trail Smelter, a major zinc and lead smelting and refining complex [1]. Group 2: Permitting and Exploration - A two-year extension for the Duncan South Permit was granted, allowing exploration in the No.3, No.2, and No.1 Zones, as well as the underexplored ground between them [2]. - The southern MYAB Permit permits up to 26 drill sites and 15 trenches over the next two years, with previous trenching and channel sampling returning strong Zn-Pb-Ag grades [3]. Group 3: Management Commentary - The President and CEO of Rokmaster expressed optimism about the permit extension, highlighting the project's favorable geology and potential for significant targets and rapid development of critical metals [4].
Quantum Secures Claim Covering Historic Silver Workings at Babine South, British Columbia
Thenewswire· 2026-01-27 14:00
Core Viewpoint - Quantum Critical Metals Corp. has expanded its mineral tenure at the Babine South Silver Project, acquiring the East Sunrise Adit, which has historical silver values, indicating a strategic move to consolidate ownership of promising silver resources [1][4]. Mineral Tenure Expansion - The newly acquired claim is contiguous to the existing Babine South property and covers the Boling showing, which has reported historical silver mineralization with grab samples assaying up to 835 oz/t (26,000 g/t) silver [2]. - The expanded Babine South silver claim group now covers 1,108 hectares, enhancing Quantum's control over a silver-bearing structural corridor characterized by multiple historic workings and favorable geological conditions [3]. Historical Context and Geological Insights - Silver mineralization at Babine South was first discovered in the 1920s, with significant historical production and confirmation of high-grade silver presence through various sampling methods [4][5]. - The geology of the Babine South project area includes phyllite, marble, and various volcanic and igneous rocks, with evidence of a polymetallic epithermal system [5]. Exploration Plans and Objectives - Planned exploration will focus on advancing the project towards drill-ready targets, refining existing geophysical and geochemical anomalies, and delineating priority drill targets for the 2026 exploration season [8][13]. - The company aims to systematically evaluate the silver system using modern exploration methods to understand its continuity, scale, and controls [4]. Ownership and Resource Potential - Quantum holds 100% ownership of the Babine South property with no royalties or option obligations, which positions the company favorably for future exploration and development [7]. - Historical data indicates multiple documented surface and underground silver occurrences, confirming the presence of high-grade silver mineralization [8].
Copper Quest announces C$1.95M investment by Concept Capital Management
Yahoo Finance· 2026-01-27 13:16
Copper Quest Exploration plans to complete a non-brokered, bought deal, strategic private placement with Concept Capital Management by issuing up to an aggregate of 15,000,000 units at a price of C$0.13 per Unit for gross proceeds of up to C$1,950,000. Copper Quest is pleased to welcome this new strategic investor who shares the Company’s long-term view of investment and provides foundational financing for Mining and exploration companies to complete exploration and feasibility studies. Claim 50% Off Tip ...
Pan American Energy Initiates Work Toward Mineral Resource Estimate for the Big Mack Project
Globenewswire· 2026-01-27 13:00
Pan American Energy begins integrating historical and recent drilling data to support NI 43-101 technical disclosureCALGARY, Alberta, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTC: PAANF | FRA: SS6) (“Pan American” or the “Company”) is pleased to announce that it has initiated work to prepare a mineral resource estimate (the “MRE”) for the Company’s Big Mack Project in Ontario, Canada, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ...
Maxus Mining Engages Geotech Ltd. to Complete Winter 2026 Multi-Block Airborne Geophysical Survey in British Columbia
Globenewswire· 2026-01-27 13:00
VANCOUVER, British Columbia, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Maxus Mining Inc. (“Maxus” or the “Company”) (CSE: MAXM | FRA: R7V) is pleased to announce that it has engaged Geotech Ltd. (“Geotech”) to complete a large, multi-block airborne geophysical survey across its Alturas, Hurley, Lotto, and Quarry Projects in British Columbia (the “Projects” or the “Properties”). Geotech is a globally recognized airborne geophysical services provider, having celebrated its 45th year of operations in 2025. The company ...
Blue Star Gold Reviews Strong 2025 Results and Unveils Robust 2026 Exploration Program
TMX Newsfile· 2026-01-27 13:00
Core Viewpoint - Blue Star Gold Corp. has successfully advanced its exploration activities in 2025 and is planning a more extensive exploration program for 2026, focusing on gold and critical mineral targets in the High Lake Belt, Nunavut [1][2]. 2025 Exploration Highlights - The company made significant progress in exploring multiple gold and critical mineral prospects through systematic field programs and targeted drilling [2]. - Key accomplishments include: - Strategic expansion of the Roma Project and staking of the Avalliq Property, which includes several high-potential gold targets such as Silver Bullet with grab samples up to 186.1 g/t Au [3]. - Expansion of the Roma Mineral Exploration Agreement area to include the Sand Lake Prospect, which has a notable intercept of 21.0 m grading 2.71% Cu, 0.17% Zn, 20.84 g/t Ag, and 0.29 g/t Au [3]. - Completion of extensive surface sampling programs yielding multiple high-grade gold results exceeding 100 g/t Au [3]. - Successful drilling at Nutaaq, confirming significant gold mineralization and extending known mineralized trends [3]. - Expansion of exploration target inventory through geophysical surveys and strategic property acquisitions [3]. 2026 Exploration Outlook - The company plans a larger and more focused exploration and drill program in 2026 to advance high-priority gold and critical mineral targets [2][3]. - Key objectives for the 2026 exploration season include: - Completing ground-based geophysical surveys to refine drill targets associated with critical mineral anomalies identified in 2025 [4]. - Drill testing the strongest critical mineral targets and defining drill targets along a 3-kilometre gold-enriched corridor of the Ulu Fold east of the Zebra Prospect [4]. - Conducting the first drill program at the high-potential Auma Prospect and following up on encouraging 2025 drill results at Nutaaq North [4]. - Continuing surface exposure, mapping, and sampling of near-surface mineralization at the Flood Zone Gold Deposit [4]. - Advancing a clear pathway to unlock additional value from the Flood Zone Gold Deposit [4]. Company Overview - Blue Star Gold Corp. is focused on mineral exploration and development in Nunavut, Canada, controlling over 300 square kilometres of highly prospective mineral properties in the High Lake Greenstone Belt [11]. - The principal assets include the Ulu Gold Project, which hosts the high-grade Flood Zone Gold Deposit, and the Roma Project, with numerous high-priority gold and critical mineral targets [11]. - The projects are strategically located 40-100 km south of the proposed Grays Bay deep-water port, with the planned all-weather Grays Bay Road corridor passing near both the Roma and Ulu Gold Projects [11].
Transition Metals Drilling Returns Broad Intervals of Copper and 3E PGE (Pt + Pd + Au) Mineralization at the Saturday Night Project
TMX Newsfile· 2026-01-27 12:31
Core Insights - Transition Metals Corp. has reported positive assay results from its drilling program at the Saturday Night PGE Project, indicating significant mineralization potential [1][2][6] Drilling Results - The drilling program included the extension of hole SN-25-03-X and the addition of two new holes (SN-25-04 and SN-25-05), totaling 1,463 meters, all of which intersected broad intervals of PGE-Ni-Cu mineralization [1][3][9] - Hole SN-25-03-X intersected 14.44 meters of 0.61 g/t 3E PGE and 0.13% Cu, with notable intervals including 4.64 meters of 1.24 g/t 3E PGE and 0.21% Cu [6][9] - Hole SN-25-04 showed 10.33 meters of 0.38 g/t 3E PGE and 0.17% Cu, while hole SN-25-05 reported 10.75 meters of 0.76 g/t 3E PGE and 0.18% Cu [6][9] Geological Context - The Saturday Night Project is located within the Mid-Continental Rift (MCR) geological feature, which is known for hosting significant quantities of platinum group elements [16][17] - The newly identified mineralized envelope measures approximately 800 meters by 200 meters and remains open in all directions, indicating further exploration potential [6][9] Future Plans - The company plans to conduct additional geophysical surveys and 3D modeling to enhance drill targeting and further understand the mineralization at the Saturday Night Project [15]
Ivanhoe Electric and SQM Enter into Typhoon(TM) Driven Mineral Exploration and Collaboration Agreement in Chile to Explore for New Copper Deposits Beneath Electrically Resistive Caliche
TMX Newsfile· 2026-01-27 12:00
Core Viewpoint - Ivanhoe Electric has entered into a Collaboration and Exploration Agreement with Sociedad Química y Minera de Chile (SQM) to explore for copper in northern Chile, leveraging advanced geophysical technologies to overcome challenges posed by caliche cover [1][2][4]. Group 1: Collaboration Details - The Collaboration covers SQM's mining concessions totaling 2,002 km² and will utilize Ivanhoe Electric's Typhoon™ geophysical surveying system along with Computational Geosciences Inc.'s data inversion software to identify qualifying copper deposits over an initial three-year term [2][5]. - SQM will fund the exploration with an initial commitment of $9 million, and upon identifying a qualifying copper deposit, Ivanhoe Electric can acquire a 50% interest in the deposit by paying twice SQM's exploration expenditures to date [3][11]. Group 2: Technological Advantages - The Typhoon™ system is designed to penetrate highly resistive caliche cover, which has historically hindered traditional exploration methods, thus enabling the detection of potential copper deposits at greater depths [4][8][9]. - The collaboration aims to utilize the unique capabilities of Typhoon™ and CGI technologies to explore areas that are otherwise difficult to assess, particularly in the Atacama Desert, known for its significant copper resources [6][11]. Group 3: Strategic Importance - The partnership is positioned to capitalize on the growing global demand for copper, with Chile being a historical leader in copper production, suggesting that new discoveries may be critical for meeting future supply needs [4][6]. - Both companies express confidence that their combined expertise and resources will unlock substantial geological potential in the region, which is essential for the global energy transition [6][18].