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VR Initiates Exploration Plans for its Bonita porphyry copper-gold project in Nevada
Globenewswire· 2026-01-27 12:00
VANCOUVER, British Columbia, Jan. 27, 2026 (GLOBE NEWSWIRE) -- VR Resources Limited (“VR” or the “Company”, TSXV: VRR) is pleased to announce that it has executed the contract and commenced field planning with DIAS Geophysical Ltd. for the application of its DIAS32, 3D-array IP and resistivity technology in a ground-based DCIP survey over the Copper Queen target on the Company’s Bonita porphyry copper-gold project in Nevada. The geophysical proposal and agreement was scoped last fall. The Company has worked ...
Medaro Announces Private Placement
TMX Newsfile· 2026-01-27 11:05
Core Viewpoint - Medaro Mining Corp. plans to conduct a non-brokered private placement to raise up to $1,250,000 through the issuance of units and flow-through units for exploration and working capital purposes [1][3]. Group 1: Private Placement Details - The company intends to issue up to 3,333,333 units at a price of $0.30 per unit and up to 657,894 flow-through units at a price of $0.38 per flow-through unit [1]. - Each unit will consist of one common share and one common share purchase warrant, with the warrant exercisable at $0.45 per share for 24 months [2]. - Each flow-through unit will consist of one common share and one warrant exercisable at $0.55 per share for 24 months [2]. Group 2: Use of Proceeds - Proceeds from the sale of units will be allocated for general working capital, including funding exploration on the Sweden property and the Clay Howells REE property in Ontario [3]. - Proceeds from the sale of flow-through units will be used to incur "Canadian exploration expenses" as defined in the Income Tax Act (Canada) [3]. Group 3: Regulatory and Compliance Information - The company may pay finder's fees related to the private placement, and all securities issued will be subject to a four-month hold period under Canadian securities laws [4]. - Completion of the private placement is contingent upon receiving necessary approvals, including from the Canadian Securities Exchange (CSE) [4]. Group 4: Company Overview - Medaro is focused on acquiring and advancing high-quality mineral projects in Ontario, Quebec, and Sweden, aiming to build shareholder value through systematic exploration and responsible development [6].
Medaro Announces Staking in Sweden's Riddarhyttan-Bastnäs District
TMX Newsfile· 2026-01-27 11:00
Core Viewpoint - Medaro Mining Corp. has staked approximately 1,130 hectares of mineral tenure in central Sweden, targeting a region known for its historical mining and mineral occurrences, particularly for iron-oxide copper-gold (IOCG), volcanogenic massive sulfide (VMS), and rare earth element (REE) mineralization [1][2]. Property Location and Tenure - The staking package includes two exploration permit applications totaling 1,131 hectares, which are currently pending approval. Two other parties have submitted overlapping applications for the same area, which is allowed under Swedish mining law [4][5]. - The staking was completed following Swedish mineral tenure procedures, and the company will provide updates on the tenure status as information becomes available [5]. Regional Context and Historical Significance - The Riddarhyttan-Bastnäs area has a long history of mining, with the first copper production recorded in 1633 and a total of 6,545 tons of copper produced by 1873. The area has also historically produced iron ore, cobalt, and REE, including approximately 160 tons of REE ore from the Nya Bastnäs deposit between 1860 and 1919 [6]. - Previous exploration activities in the district have included drilling, prospect-scale sampling, mapping, and geophysical investigations, indicating the potential for modern exploration techniques to refine and prioritize targets for mineralization [7]. Multi-Commodity Potential - The property is considered prospective for multiple commodities, including copper, gold, base metals, and REEs, based on the regional geological setting and historical mining activity [9]. - The Riddarhyttan-Bastnäs district is recognized for its REE-bearing minerals, particularly cerium-rich minerals hosted in cerite, bastnäsite, and allanite-group minerals [9]. Exploration Strategy - The company plans to integrate geoscience datasets with mapping, prospecting, and geochemical sampling to generate and rank exploration targets [9]. - The property benefits from good access and infrastructure, which may support cost-effective exploration programs [9]. Company Overview - Medaro is focused on acquiring and advancing high-quality mineral projects in Ontario, Quebec, and Sweden, aiming to build shareholder value through systematic exploration and responsible development [11].
First Atlantic Nickel Increases RPM Zone Strike Length 50% to Over 1.2 km and Width to Over 800 m from Phase 2x Drilling at Pipestone XL Magnetic Nickel-Cobalt Alloy Project
Globenewswire· 2026-01-27 11:00
GRAND FALLS-WINDSOR, Newfoundland and Labrador, Jan. 27, 2026 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to announce positive assays and Davis Tube Recovery ("DTR") metallurgical results from the final four drill holes (AN-25-11 to AN-25-14) of the RPM Zone Phase 2X drilling program at its Pipestone XL Nickel-Cobalt Alloy Project in central Newfoundland. Results have increased the RPM Zone strike length by 50% to great ...
LAURION Reports Additional High-Grade Gold, Silver and Zinc Intersections at Ishkoday A-Zone/McLeod/CRK Zones, Confirming Structural Continuity Along the Mineralized Corridor
Thenewswire· 2026-01-27 10:00
Core Insights - LAURION Mineral Exploration Inc. reported assay results from drill holes LBX25-098 and LBX25-099, indicating significant mineralization at the Ishkōday Project, with notable gold, silver, and zinc grades [1][2] Drill Hole Highlights - LBX25-098: - 1.50 m @ 10.38 g/t Au, 15.73 g/t Ag, 0.70% Zn, including 0.70 m @ 22.10 g/t Au, 32.10 g/t Ag, 1.39% Zn [1] - Additional intersections include 1.00 m @ 5.64 g/t Au, 0.70 g/t Ag, 0.02% Zn [1] - LBX25-099: - 8.15 m @ 0.57 g/t Au, 12.23 g/t Ag, 0.89% Zn, including 0.75 m @ 3.62 g/t Au, 57.20 g/t Ag, 5.22% Zn [1] - Additional intersections include 5.50 m @ 0.16 g/t Au, 1.83 g/t Ag, 0.52% Zn [1] Geological Context - The A-Zone, McLeod, and CRK corridor at the Ishkōday Project is approximately 1.4 km long and 675 m wide, hosting multiple zones of mineralization [2] - Historical drilling has shown significant gold and base-metal mineralization, with grades typically ranging from 1.7 to 1.9 g/t Au over intervals of 9 to 14 m [4] Mineralization Characteristics - The mineralization at Ishkōday is characterized by polymetallic deposits including zinc, lead, copper, silver, and gold, primarily within volcanic and volcaniclastic rocks [5] - The mineralization is interpreted to be volcanogenic in origin, with structural modifications enhancing sulphide concentrations [5] Company Overview - LAURION is a mid-stage junior mineral exploration company focused on the 100%-owned Ishkōday Project, which spans 57 km² and is rich in gold and polymetallic mineralization [13][14] - The company aims to advance the Ishkōday Project through a disciplined exploration strategy that emphasizes geological confidence and structural continuity [14][17]
Canamera Engages Dr. Reuter Resources for Investor Relations Services
TMX Newsfile· 2026-01-27 06:30
Core Viewpoint - Canamera Energy Metals Corp. has engaged Dr. Reuter Resources GmbH for investor relations services, marking a strategic move to enhance its market presence and investor outreach [1][2]. Group 1: Agreement Details - The engagement with Dr. Reuter has a minimum term of six months, with the option for termination after that period with a one-month notice [1]. - Dr. Reuter will provide various services including campaign articles, press release distribution, journalist outreach, and social media campaigns [2]. Group 2: Financial Terms - Canamera will compensate Dr. Reuter €4,500 per month for the provided services [3]. Group 3: Company Overview - Canamera Energy Metals Corp. focuses on critical minerals exploration, with a diversified portfolio that includes projects in uranium and rare earth elements across the Americas [4]. - The company holds options for significant projects, including the Great Divide Basin uranium project in Wyoming and various rare earth element projects in Canada and Brazil [4].
Gold Hunter Announces Upsize to Non-Brokered Private Placement
TMX Newsfile· 2026-01-26 21:57
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2026) - Gold Hunter Resources Inc. (CSE: HUNT) (OTCQB: HNTRF) (FSE: 6RH) ("Gold Hunter" or the "Company") is pleased to announce that the non-brokered private placement previously announced on December 11, 2025 (the "Offering") has been increased to up to 30,000,000 flow-through units (each, a "FT Unit") at a price of $0.055 per FT Unit and up to 90,000,000 non-flow through units (each, a "HD Unit") at a price of $0.05 per HD Unit, for aggregate gr ...
Supreme Critical Metals Expands Silver Vista Silver-Copper Project in British Columbia
TMX Newsfile· 2026-01-26 20:04
Core Viewpoint - Supreme Critical Metals Inc. has significantly expanded the Silver Vista Project by 2,197 hectares, representing a 52% increase, bringing the total area to 6,444 hectares, which is approximately 64.4 square kilometers [1] Project Expansion - The original Silver Vista property once covered over 720 square kilometers, and the recent acquisition was based on an extensive regional database that includes over 8,000 soil and 700 stream sediment samples, along with an airborne magnetic geophysical survey [2] - The new claims were strategically staked to cover favorable target areas with geochemical signatures similar to the MR Zone silver-copper mineralization found in the Smithers Formation [2] Target Areas - The Silver Vista 2 target was prioritized due to its anomalous multi-element signature (Ag-Cu-Pb-Zn-As, +/- Au), with peak silver values of 2.8 parts per million and a notable gold sample of 23.4 parts per billion [4] - The Far West target was also identified based on previous soil sampling, indicating anomalous values for copper and silver, interpreted to be underlain by Smithers Formation sediments [5] Logistics and Accessibility - Improved logistics have been noted since 2012, with extensive logging making the Silver Vista 2 target accessible within three kilometers, which previously required helicopter access [7] Future Plans - The company plans to initiate a summer program on the newly staked targets, contingent on weather conditions, focusing on the discovery of additional silver-copper horizons with bulk-tonnage potential [3] Historical Context - The Silver Vista property is recognized for its stratiform, sediment-hosted, stacked copper-silver horizons, with historical drilling results indicating broad mineralized zones, including 46 meters averaging 48 g/t silver and 0.62% copper [11]
Mundoro and BHP Commence Drill Program at South Timok Project, Serbia
TMX Newsfile· 2026-01-26 15:34
Core Viewpoint - Mundoro Capital Inc. has initiated its first drilling program at the South Timok Project in Serbia, which is part of an option earn-in agreement with BHP, who is funding the exploration [1][5]. Group 1: Drilling Program Details - The planned drill program will consist of up to 2,500 meters of diamond drilling, marking the first drill test of targets identified through two years of systematic exploration [2]. - The drilling aims to test various targets across the project area, which has been advanced using deep-sensing geophysics to identify potential porphyry systems [2][4]. - The project area encompasses four contiguous exploration licenses covering approximately 306 square kilometers, located 40 to 70 kilometers south of the Bor Mine Complex [4]. Group 2: Geological Insights - The identified geophysical anomalies include resistivity signatures that may indicate hydrothermal alteration and magnetic signatures that could suggest the presence of an intrusive body [4]. - The drill tests are expected to enhance the geological interpretation of the target areas [4]. Group 3: Company Overview - Mundoro Capital Inc. is publicly listed on the TSX-V in Canada and OTCQB in the USA, focusing on mineral properties primarily related to base and precious metals [5]. - The company's asset portfolio is designed to generate near-term cash payments and create royalties from mineral properties optioned to partners, with a current focus on copper in Eastern Europe and the southwest USA [5].
Silver Spruce Announces Director and Officer Resignation
Accessnewswire· 2026-01-26 14:30
BEDFORD, NS / ACCESS Newswire / January 26, 2026 / Silver Spruce Resources Inc. ("Silver Spruce" or the "Company")(TSXV:SSE) announces that Greg Davison, P.Geo. has stepped down from the Board of Directors of the Company and the Vice-President, Exploration role, effective January 23, 2026.The Board of Directors thanks Mr. Davison for his contributions to the Company since 2017 and wishes him well in his future endeavours.About Silver Spruce Resources Inc.Silver Spruce Resources Inc. is a Canadian junior ...