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Sitka Commences the First Drill Program Ever to Be Conducted at Its Coppermine River Project in Nunavut Where up to 41.54% Copper and 13.45% Copper Have Been Identified in Volcanic-Hosted and Sediment-Hosted Target Areas
Newsfile· 2025-07-08 12:30
*Grab samples referred to in this news release are, by their nature, selected samples and the results may not be representative of the overall occurrence. Drilling to target a new sediment-hosted copper discovery at the Copper Leaf showing where surface grab samples have returned copper and silver assays as high as 13.45% Cu and 65.0 g/t Ag; two separate geophysical surveys completed to date show an open gravity anomaly below the grab sample area, with a current strike length of over 400 metres Drilling is ...
Aventis Energy Announces Mobilization of Exploration Crews to the Corvo Uranium Project in Northern Saskatchewan
Globenewswire· 2025-07-08 12:00
VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) -- Aventis Energy. ("Aventis" or the "Company") (CSE: AVE | FRA: C0O0 | OTC: VBAMF), is pleased to announce that its 2025 exploration program (the "Program") has begun on its Corvo Uranium Project (the "Corvo Property", or the "Project"). The Company mobilized to the site on July 4, 2025, to begin a detailed mapping and sampling program across historical uranium showings and zones of interest. Mandeep Parmar, Interim CEO and Director of the Company ...
Maxus Mining Announces Appointment of Morgan Verge as Technical Advisor
Globenewswire· 2025-07-08 12:00
VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. ("Maxus" or the "Company") (CSE: MAXM | FRA: R7V), is pleased to announce the appointment of Morgan Verge as a Technical Advisor to the Company (the "Appointment"). Ms. Verge brings over a decade of experience in leading exploration programs, developing geological databases, and supporting mining projects throughout Canada. Ms. Verge is a professional geoscientist and the President and CEO of Verge Geological Consulting Ltd., w ...
CANADA CARBON ANNOUNCES RECEIPT OF NECESSARY PERMITS FOR ITS THIRD DRILLING CAMPAIGN ON ASBURY GRAPHITE PROPERTY
Globenewswire· 2025-07-08 11:15
Core Viewpoint - Canada Carbon Inc. has received all necessary permits to initiate its third drilling campaign at the Asbury Graphite Property, which is expected to enhance its resource estimates and support a pre-feasibility study by the end of 2025 [1][4][6]. Group 1: Drilling Campaign Details - The upcoming drilling campaign aims to complete up to 5,200 meters of core drilling across a 5-kilometer mineralization trend at Asbury [2]. - This campaign will add to previous drilling efforts from 2022 and 2023, bringing the total core samples to over 10,000 meters, which will aid in de-risking the project [2][4]. - The company plans to utilize the data from this campaign to update its NI 43-101 resource report and complete a pre-feasibility study by December 31, 2025 [4]. Group 2: Resource Estimates and Historical Context - The maiden resource estimate reported an inferred resource of 4.14 million tons (Mt) with an average grade of 3.05% carbon grade (Cg), using a cut-off grade of 1.0% Cg [4]. - Asbury was previously an operational graphite mining project from 1974 to 1988, producing high-quality concentrate [7]. Group 3: Stakeholder Engagement - The company has engaged with local stakeholders, including the municipality of Notre-Dame-du-Laus and the Kitigan Zibi Anishinaabeg community, to discuss the project and incorporate feedback [5]. Group 4: Management Commentary - The CEO of Canada Carbon expressed confidence in the drilling campaign, stating it will validate assumptions regarding mineralization at Asbury and contribute positively to the local economy [6][7].
Churchill Reports High-Grade Zinc Results on Polymetallic Veins at the Black Raven Property, Central Newfoundland
Globenewswire· 2025-07-08 11:00
These samples exceeded the laboratory's original upper detection limit for zinc (50,000ppm or 5% - see release of June 23 2025), and the results reported herein are from the overage assay protocols. The Black Raven vein systems have never been drilled. TORONTO, July 08, 2025 (GLOBE NEWSWIRE) -- Churchill Resources Inc. ("Churchill" or the "Company") (TSXV: CRI) is pleased to announce the final due-diligence sample results on its Black Raven property with three over-limit zinc assays of 5.25%, 11.03% and 12. ...
Rugby Resources Ltd. Provides Update on Arrangement with Pampa Metals
Globenewswire· 2025-07-08 10:30
This news release is not for distribution to United States newswire service or for dissemination in the United StatesVancouver, B.C., July 08, 2025 (GLOBE NEWSWIRE) -- Rugby Resources Ltd. (“Rugby” or the “Company”) (TSX-V: RUG) is pleased to report that it has now filed and mailed materials to the shareholders of Rugby, including the Management Information Circular dated June 9, 2025 (the “Circular”) and related documents for the Special Meeting of the Rugby shareholders to be held in Vancouver on July 16, ...
Pacific Bay Minerals Ltd. Announces $2 Million Private Placement to Advance Pereira-Velho Gold Project in Brazil and Extends Warrant Expiry Dates
Newsfile· 2025-07-08 06:22
Core Viewpoint - Pacific Bay Minerals Ltd. announces a non-brokered private placement to raise up to $2 million to advance the Pereira-Velho Gold Project in Brazil and extends the expiry dates of certain warrants [1][2][10]. Private Placement Details - The company plans to issue up to 20,000,000 units at a price of $0.10 per unit, aiming for gross proceeds of up to $2 million [3]. - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable at $0.15 for 24 months [4]. - An acceleration clause allows the company to expedite the expiry of the warrants if the trading price exceeds $0.25 for 20 consecutive trading days [4]. Use of Proceeds - Net proceeds will primarily fund the acquisition and exploration of the Pereira-Velho Gold Project in Alagoas State, Brazil [7]. - Remaining funds may be allocated for exploration on Canadian assets and general working capital [8]. Insider Participation - Certain insiders may participate in the offering, which will be treated as a related party transaction [9]. Warrant Extension - The company intends to extend the expiry of 7,365,873 warrants issued on July 20, 2022, from July 20, 2025, to July 20, 2026, pending TSXV approval [10]. Management Update - Elton Pereira has transitioned to the role of country manager for Brazil, aligning with the company's focus on the Pereira-Velho gold project [11].
Company name change to Amaroq Ltd.
Globenewswire· 2025-07-08 06:00
Reykjavík, July 08, 2025 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Corporation” or the “Company”) Company name change to Amaroq Ltd. TORONTO, ONTARIO - 08 July, 2025 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development corporation focused on unlocking Greenland’s mineral potential, announces that, following shareholder approval of a special resolution at Amaroq’s annual general and special meeting held on June 13, 2025 to change the name of the Company, it plans to file Arti ...
Canter Resources Amends Underlying Agreements to Establish Path to Strategic Partnership at Columbus
Newsfile· 2025-07-07 21:00
Core Points - Canter Resources Corp. has amended underlying agreements to reduce property carrying costs by approximately 50% and extend major cash or exploration work obligations to 2027 and 2028 [1][2] - The company is focused on domestic lithium production through brine resources and sustainable extraction methods, viewing the Columbus Project as a significant opportunity for discovery [2] - The company is retaining 379 claims covering a core mineralized system at Columbus, resulting in annual cost savings of $130,000 [7] Financial Adjustments - The company plans to settle debts totaling $154,000 through the issuance of 2,200,000 common shares at a deemed price of $0.07 per share [4] - A cash payment obligation of $250,000 due on May 9, 2026, has been reduced to $25,000 in cash and $40,000 in shares, resulting in a $225,000 reduction [7] - A $600,000 payment due on November 9, 2026, has been extended to December 1, 2027, and reduced to $450,000, with $150,000 payable in shares [7]
Copper Road announces the appointment of a new CEO
Globenewswire· 2025-07-07 11:30
TORONTO, July 07, 2025 (GLOBE NEWSWIRE) -- Copper Road Resources Inc. (TSX-V: CRD) ("Copper Road" or the "Company") announces the appointment of Mr. Brian Howlett as President and CEO, effectively immediately. Brian brings many years of experience in the junior exploration business previously serving in management or on the board of 9 junior mining companies, including previous experience with Copper Road. Mr. Brian Howlett commented, “Copper Road is seeking to generate renewed interest in the Company in th ...