VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Sable Resources Ltd. ("Sable" or the "Company") (TSXV:SAE | OTCQB:SBLRF) is pleased to announce that it has received results for 55 out of a total of 98 rock samples collected during a preliminary review of its recently acquired Zorro Project in San Juan, Argentina (see Sable’s news release dated January 15, 2026). This initial review was focused on some of the historic artisanal mining occurrences located around the 7km by 4km Zorro magnetic an ...

Core Viewpoint - Azimut Exploration Inc. is initiating a new work phase to expand the Patwon Gold Deposit on its Elmer Property in Québec, supported by favorable gold prices and an internal scoping study conducted in 2025 [1][2]. Group 1: New Work Phase and Drilling Program - The planned program includes a 10,000-metre diamond drill initiative aimed at expanding the known gold resource and testing defined targets near Patwon [2]. - Following positive results, the company will update the NI 43-101 mineral resource estimate and conduct a preliminary economic assessment (PEA) [2]. Group 2: Resource Estimates and Growth Potential - The 2023 NI 43-101 compliant mineral resource estimate indicated 311,200 ounces of indicated resources at a grade of 1.93 g/t Au and 513,900 ounces of inferred resources at a grade of 1.94 g/t Au, using a gold price of US$1,800 per ounce [6][15]. - At a higher gold price of US$2,160 per ounce, the estimate showed 322,900 ounces at 1.76 g/t Au (indicated) and 363,600 ounces at 2.04 g/t Au (inferred) [3][15]. - A systematic review of previous drilling data suggests potential resource growth to the west, with a target zone of 350 metres on-strike by 400 metres vertically, indicating a higher-grade gold rake that has not yet been tested [4]. Group 3: Technical Studies and Property Overview - Contingent on positive drilling results, Azimut plans to initiate advanced technical studies, including metallurgical testwork, geochemical characterization, rock mechanics data collection, energy and infrastructure assessment, and environmental baseline studies [7][6]. - The Elmer Property consists of 658 claims covering a 42.8-kilometre strike length, located in a region with excellent infrastructure, including road access and hydroelectric power [8][6]. Group 4: Company Background and Shareholder Information - Azimut is recognized for its mineral exploration capabilities and holds the largest mineral exploration portfolio in Québec, focusing on gold, copper, nickel, and lithium [10]. - The company has strategic investors, Agnico Eagle Mines Limited and Centerra Gold Inc., holding approximately 11% and 9.9% of the company's shares, respectively [11].

Core Insights - Osisko Metals Incorporated announced new drill results from the Gaspé Copper Project, indicating significant mineralization and potential resource upgrades [1][2]. Drill Results Summary - The recent drilling program included 29 mineralized intercepts from ten new drill holes, focusing on upgrading inferred mineral resources to measured or indicated categories and expanding resources outside the current model [2][21]. - Notable drill results include: - Drill hole 30-1155: 738.0 metres averaging 0.31% Cu (0.41% CuEq) [4][6]. - Drill hole 30-1156: 760.5 metres averaging 0.26% Cu (0.35% CuEq) [4][6]. - Drill hole 30-1151: 484.5 metres averaging 0.27% Cu (0.41% CuEq) [6][13]. Mineralization Characteristics - The mineralization at Gaspé Copper is of porphyry copper/skarn type, characterized by disseminations and stockworks of chalcopyrite, with notable occurrences of molybdenum [19][30]. - The drilling program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and explore deeper stratigraphic extensions [21][30]. Project Background - Osisko Metals acquired a 100% interest in the Gaspé Copper mine in July 2023, which is strategically located near existing infrastructure in Québec [30]. - The current Indicated Mineral Resources are estimated at 824 million tonnes averaging 0.34% CuEq, with Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [30].

Core Viewpoint - Metalsource Mining Inc. is advancing its diamond drilling program at the Silver Hill Project in North Carolina, with promising results indicating significant sulphide mineralization [1][2]. Drilling Results - Drill hole SH26-07 intersected a broad zone of mineralization between approximately 129.85m and 155.45m, featuring multiple intervals of semi-massive to massive sulphides, including sphalerite, galena, and pyrite [3][6]. - Drill hole SH26-08 has intersected sulphide mineralization starting at approximately 185m to 191m, with an apparent thickness of 6m and an estimated true thickness of 4m, located south of historic underground workings [4][6]. Geological Context - The Silver Hill Project is situated in the Carolina Terrane, characterized by volcaniclastic and volcano-sedimentary rocks of Neoproterozoic and Cambrian age, with mineralization extending to 550m from the surface [9]. - Recent surface sampling has yielded high-grade results, including 444g/t Ag, 17.7g/t Au, 8.61% Pb, and 0.507% Zn from drill hole SH25-003 [9]. Ongoing Exploration - The current drilling program aims to test down-dip and along-strike extensions of the mineralized system, with plans for step-out drilling to evaluate continuity and scale [6][7]. - Core processing is ongoing, with logging, sampling, and laboratory analysis in progress to determine the economic significance of the identified mineralization [6][7].

Core Viewpoint - Li-FT Power Ltd. is progressing with its previously announced offerings related to the acquisition of Winsome Resources Limited, aiming to raise approximately C$40 million through various subscription receipts and share offerings [2][4]. Group 1: Offerings Details - The Company has entered into agreements with Canaccord Genuity Corp. as the lead underwriter to raise gross proceeds of approximately C$40 million, which includes a Subscription Receipt Offering and a Non-Subscription Receipt Offering [2]. - The issuance price for the FT Subscription Receipts has been increased from C$6.45 to C$6.88, raising expected gross proceeds from C$25,000,200 to C$26,666,880 for the sale of 3,876,000 FT Subscription Receipts [3]. - The Offerings are scheduled to close on or about January 29, 2026, pending requisite approvals from the TSX Venture Exchange [4]. Group 2: Company Overview - Li-FT Power Ltd. is a mineral exploration company focused on lithium pegmatite projects in Canada, with its flagship project being the Yellowknife Lithium Project in Northwest Territories [6]. - The Company also holds three early-stage exploration properties in Quebec and the Cali Project in Northwest Territories [7].

Core Viewpoint - The U.S. Presidential Proclamation on January 14, 2026, emphasizes the need for secure sources of critical minerals, which is expected to benefit companies in the rare earth sector, particularly those in allied nations like Canada [2][3][4]. Company Overview - New Earth Resources Corp. is a Canadian mineral exploration company focused on acquiring and developing both advanced and early-stage exploration projects, with a flagship project being the Lucky Boy Uranium Property in Arizona, USA [6]. - The company has options to acquire interests in several projects, including the SL Project in Quebec and the Red Wine Rare Earth Project in Labrador, both of which are prospective for rare earth elements [7]. Industry Implications - The proclamation indicates a significant policy shift towards enhancing supply chain security for critical minerals, which may lead to increased exploration and development opportunities for rare earth companies in allied nations [4][5]. - The U.S. investigation revealed that the country is 100% reliant on imports for 12 critical minerals and over 50% reliant for an additional 29, highlighting the urgency for domestic sourcing [2]. - The focus on processing infrastructure investment is expected to drive both government and private sector funding towards North American separation and refining facilities, addressing the critical choke point in processing capacity [9].

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”), is pleased to announce that it intends to complete a non-brokered private placement offering of units of the Company (“Units”), at a price of C$0.175 per Unit, for aggregate gross proceeds of up to C$200,000. Each Unit will be comprised of one common share of the Compa ...

Vancouver, British Columbia--(Newsfile Corp. - January 21, 2026) - Grit Metals Corp. (TSXV: FIN) (FSE: K9T) (OTCQB: EUEMF) ("Grit" or the "Company"), announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group Inc. ("ITG") to provide market-making services in accordance with TSX Venture Exchange ("TSXV") policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the ...

Core Viewpoint - The Canadian Chrome Company Inc. has engaged Origin Merchant Partners as its financial advisor to explore strategic options amid evolving trade discussions between Canada and the United States, particularly concerning critical minerals like chromite [2]. Group 1: Company Overview - The Canadian Chrome Company Inc. is in the exploration stage, focusing on the identification, acquisition, consolidation, exploration, development, and evaluation of large-scale mineral deposits, including chromite in the Ring of Fire [3]. - The company aims to support the development of transportation and electrification links to access remote areas where these mineral deposits may be located [3]. Group 2: Strategic Developments - The engagement of Origin Merchant Partners is seen as timely due to recent trade talks between Canada and the U.S. and the focus on critical minerals, including chromite [2]. - The CEO of the company highlighted the expertise of Origin Merchant Partners, referencing their successful handling of Barrick Gold's bid for Placer Dome, which increased from US$9.2 billion to US$10.4 billion [2].

Core Viewpoint - Graycliff Exploration Limited successfully closed a private placement, raising gross proceeds of $440,000 through the issuance of 4,400,000 common shares, aimed at improving its financial position and supporting ongoing exploration activities [1][5]. Financing Details - The private placement included $113,000 in new equity financing and $327,000 in debt settlements for common shares [2]. - All securities issued are subject to a four-month hold period and applicable resale rules, with no finder's fees paid [2]. Related Party Transaction - The offering is classified as a related party transaction, with insiders subscribing for 2,220,000 common shares [3]. - The company is relying on exemptions from certain requirements of Multilateral Instrument 61-101 due to financial challenges [3]. Shareholder Changes - Following the offering, Arndt Roehlig will hold 1,500,000 common shares, representing approximately 17.04% of the issued shares on an undiluted basis [4]. Company Overview - Graycliff Exploration is focused on mineral exploration, particularly on its 1,468 hectares of land near Sudbury, associated with the historic Shakespeare Gold Mine [6]. - The company has drilled over 12,500 meters at the Shakespeare project, identifying visible gold in multiple holes [6].