Core Viewpoint - Electrum Discovery Corp. has successfully completed the Phase 2 Audio-Magnetotelluric (AMT) survey at its Timok East exploration project in Serbia, revealing significant geological insights that enhance the potential for future drilling and mineralization [1][2]. Group 1: Survey Results and Geological Insights - The integration of AMT results from previous and new surveys has increased confidence in the extension of magmatism related to the Timok Magmatic Complex into Timok East, highlighting two zones of high conductivity at depths of 250–550 meters [2][6][11]. - The Phase 2 AMT survey covered an area of 12.5 square kilometers and utilized 41 measuring stations, significantly extending the 3D resistivity model from an earlier survey [4][6]. - The Late Cretaceous age of andesite found within the Limestone Boundary magnetic anomaly supports the potential for undiscovered porphyry and/or epithermal systems in the area [16][20]. Group 2: Exploration Context and Future Plans - The Timok East project is strategically located within the Western Tethyan Belt, adjacent to several world-class porphyry Cu-Au deposits, with multiple geophysical and geochemical anomalies identified [3][21]. - The results from the combined AMT surveys provide a strong technical basis for advancing new targets into a drill-ready stage in 2026, indicating a proactive approach to exploration [2][6][11]. - The company aims to maximize the value of its mineral projects while fostering sustainability and governance in the region [21].

Core Insights - Amaroq Ltd. has confirmed high-grade iron and potential copper-gold mineralization at the Minturn prospect in Greenland, with iron grades reaching up to 69.5% across a 9 km strike of surface magnetite [1][5][9] - The Minturn project is being positioned as a significant new discovery in the IOCG (Iron Oxide Copper Gold) category, with extensive iron oxide alteration and brecciation indicating a large-scale mineralized system [2][11] Exploration Results - The 2025 exploration campaign included geological mapping, rock sampling, and geophysical surveys, revealing a mineralized system characterized by magnetite-rich breccia and intense iron oxide alteration over approximately 9 km [8][9] - Surface assays showed iron grades of up to 69.5% Fe, with multiple samples in the 66-69% Fe range, indicating a substantial high-grade magnetite core [9][10] Geological Insights - The Minturn project is believed to represent a Kiruna-style IOCG system, which is known for hosting large-scale, high-grade, multi-commodity deposits, including significant copper and gold alongside iron [7][11] - Historical data reanalysis has improved the geological model, suggesting a more complex mineralized system than previously understood, with a significant magnetic anomaly indicating a robust IOCG-style system [5][7] Future Plans - Amaroq is planning an aggressive follow-up campaign for 2026, which will include scout drilling, detailed mapping, and ground geophysical surveys to further evaluate the copper-gold potential and delineate the extent of the mineralized system [12][13] - The upcoming exploration program aims to confirm Minturn as a significant IOCG deposit and enhance its role in Amaroq's strategy to develop critical mineral resources in Greenland [13]

Core Viewpoint - Azimut Exploration Inc. has initiated a new diamond drilling program of at least 5,000 meters on the Fortin antimony-gold zone, which is evolving into one of Canada's largest antimony-bearing mineralized systems, with significant exploration and metallurgical testing underway [2][3][4]. Drilling Program - The new drilling program aims to explore the Fortin Zone at depth for potential gold enrichment related to antimony-gold vertical zonation, with a preliminary 3D modeling of the mineralized body in progress [4]. - A total of 86 holes have been drilled on the Fortin Zone and surrounding targets since its discovery in 2024, with 35 holes (5,890 meters) drilled in the second phase, showing promising results [3][7]. Assay Results - In the second phase, 29 holes (83%) returned antimony mineralization with grades above 0.2% Sb, including 19 holes with gold grades above 0.5 g/t Au [7]. - Notable assay results include: - Hole WS25-74: 0.24% Sb over 23.5 m, including 1.33% Sb over 2.05 m [7] - Hole WS25-67: 0.89% Sb, 0.65 g/t Au over 41.9 m, including 1.05% Sb, 1.88 g/t Au over 13.5 m [9]. Metallurgical Tests and Market Studies - SGS Canada has been commissioned to conduct initial metallurgical tests on the mineralized material from the Fortin Zone and assess global market demand for antimony products [5][18]. Geological Context - The Fortin Zone is associated with a massive albitic stratiform hydrothermal alteration zone, with evidence of strong albitic alteration and a multi-kilometre lateral continuity suggesting a significant vertical extent [13][14]. - Antimony-rich systems are rare in Archean settings in Québec, and the mineralized zone may transition to a deeper gold-rich zone, highlighting its geological significance [16]. Strategic Importance - Antimony is recognized as a critical mineral by various governments, with significant supply shortages impacting its market. The price volatility and supply chain concerns emphasize the importance of diversifying sources outside of China, which dominates global production [18]. - The Wabamisk Property, covering 356 km², is strategically located in a prospective belt in the James Bay region, enhancing its exploration potential for both antimony and gold [19][20].

Core Viewpoint - Metalite Resources Inc. is undertaking a non-brokered private placement to raise up to $465,000 through the issuance of up to 3,100,000 units at a price of $0.15 per unit, with potential for upsizing at the company's discretion [1] Private Placement Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.25 for two years [2] - The private placement will be available in Canada, the United States, and other jurisdictions under applicable securities laws, with all securities subject to a four-month hold period [3] Finder's Fees - Eligible finders may receive a cash commission of up to 7% of the proceeds from subscriptions they introduce, along with broker units allowing the purchase of one unit at $0.15 for 24 months [4] Use of Proceeds - The gross proceeds from the private placement will be used to fund exploration work on the Arthurs Seat project in New South Wales, Australia, as well as for general corporate purposes and working capital [5] Debt Settlement - The company has entered into debt settlement agreements to settle outstanding indebtedness totaling $352,842, which includes fees owed to management and service providers [6] - As part of the debt settlement, the company will issue 2,352,277 common shares at a deemed price of $0.15 per share [7] Insider Participation - Certain insiders are expected to participate in both the private placement and debt settlement, which will be treated as a related party transaction [9] Regulatory Approval - The private placement and debt settlement are subject to customary closing conditions, including approval from the Canadian Securities Exchange, and may require shareholder approval due to the number of securities issued exceeding 100% of the current outstanding shares [11]

Core Viewpoint - Refined Energy Corp. is initiating a non-brokered "charity flow-through" private placement to raise between $1,500,000.60 and $2,000,000.10 through the sale of units priced at $1.05 each, aimed at funding exploration activities at its Dufferin Project [1][5]. Group 1: Private Placement Details - The private placement will consist of a minimum of 1,428,572 units and a maximum of 1,904,762 units, with each unit comprising one flow-through common share and one common share purchase warrant [1][2]. - Each warrant will allow the holder to purchase one common share at a price of $1.05 for a period of 24 months, subject to a 60-day hold period post-closing [2][3]. - The anticipated closing date for the private placement is around February 13, 2026, contingent upon regulatory approvals and raising the minimum amount [4]. Group 2: Use of Proceeds - The gross proceeds from the private placement will be allocated to eligible Canadian exploration expenses, specifically for flow-through critical mineral mining expenditures at the Dufferin Project [5]. - The phase one exploration program at the Dufferin Project is expected to commence in the first quarter of 2026 [5]. Group 3: Regulatory and Compliance Information - The units will be offered to purchasers in all provinces of Canada under the listed issuer financing exemption, meaning the securities will not be subject to resale restrictions [6]. - An offering document dated January 20, 2026, provides additional details regarding the private placement and can be accessed on the company's profile and website [7]. Group 4: Company Overview - Refined Energy Corp. is a junior mining company focused on acquiring and developing mineral properties in North America, with the Dufferin Project being its flagship initiative [9]. - The company also holds an option to earn up to a 100% interest in the Basin and Milner uranium properties in Saskatchewan and is exploring other mineral property acquisition opportunities [9].

Core Viewpoint - Reflex Advanced Materials Corp. has entered into debt settlement agreements totaling $420,000 through the issuance of 2,800,000 units at a price of $0.15 per unit, which includes common shares and warrants [2][3]. Debt Settlement Agreements - The company will settle debts amounting to $420,000 by issuing 2,800,000 units, each consisting of one common share and one share purchase warrant [2]. - Each warrant can be converted into one share at a price of $0.20 for a period of two years [2]. Related Party Transaction - One of the agreements is classified as a "related party transaction" as it involves a company owned by an officer of Reflex [3]. - The company is relying on exemptions from certain requirements under Multilateral Instrument 61-101, as the fair market value of the transaction does not exceed 25% of the company's market capitalization [3]. Regulatory Approval - The agreements and the issuance of securities are subject to approval from the Canadian Securities Exchange (CSE) [4]. - The securities will be subject to a hold period of four months and one day in accordance with applicable securities laws [4]. Company Overview - Reflex Advanced Materials Corp. is a mineral exploration company based in British Columbia, focused on developing economic mineral properties in strategic metals and advanced materials [5]. - The company aims to enhance domestic specialty mineral infrastructure to meet the increasing demand from North American manufacturers [5].

VANCOUVER, British Columbia, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (“Panoro” or the “Company”) (TSX.V: PML), announces that it has entered into amending agreements (the “Amending Agreements”) to the (i) option agreement dated March 4, 2024, as amended on March 18, 2024, among the Company, TABB Partners LLC (the “Optionee”) and Antilla Copper S.A. (the “Option Agreement”); and (ii) share purchase agreement dated as of October 21, 2021, as amended on June 9, 2023 (the “SPA”), among the Compan ...

Core Viewpoint - Global Battery Metals Ltd. (GBML) is conducting a non-brokered private placement to raise up to $630,000 through the sale of 7,000,000 units at a price of $0.09 per unit, which includes common shares and warrants [1][2]. Group 1: Offering Details - The Offering consists of 7,000,000 units priced at $0.09 each, aiming for gross proceeds of up to $630,000 [1]. - Each unit includes one common share and one warrant, allowing the holder to purchase an additional share at $0.12 for three years [1]. - The net proceeds will be used for project evaluation expenses and general working capital [2]. Group 2: Regulatory and Compliance Information - The Offering is subject to acceptance by the TSX Venture Exchange and will have a statutory hold period of four months [2]. - Certain directors and officers may participate in the Offering, which will be classified as a "related party transaction" under MI 61-101 [3]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements due to the limited market capitalization impact of the transaction [3]. Group 3: Company Overview - GBML focuses on lithium, copper, and other battery metals, with interests in two projects: a 100% interest in the Lithium King Property in Utah and a 55% stake in the Lara Copper Property in Peru [6]. - The company is listed on multiple exchanges, including TSXV, Frankfurt, and OTC Markets [6].

Group 1 - Tincorp Metals Inc. has granted 1,055,000 stock options to its directors, officers, employees, and consultants, subject to regulatory approval [1] - The stock options are exercisable for a period of 5 years at a price of $0.44 per share, which is the closing price on January 19, 2026 [1] - The options will vest in six equal tranches over three years and are governed by the Company's Omnibus Plan and TSXV policies [1] Group 2 - Tincorp Metals Inc. is focused on mineral exploration, specifically tin projects in Bolivia [2] - The Company owns 100% of the Porvenir Project and has an agreement to acquire a 100% interest in the nearby SF Project, both located 70 km southeast of Oruro, Bolivia [2]

Core Viewpoint - CDN Maverick Capital Corp. has clarified that its normal course issuer bid (NCIB) will commence on January 21, 2026, and has announced the grant of stock options to certain directors under its equity incentive plan [1][2]. Group 1: Normal Course Issuer Bid (NCIB) - The NCIB purchases will not start until January 21, 2026, in accordance with Canadian Securities Exchange policies [1]. - All other terms of the NCIB remain unchanged from previous disclosures [2]. Group 2: Stock Options Grant - The board of directors has approved the grant of 600,000 stock options to eligible directors, each with an exercise price of CAD $0.295 per share [2]. - The options have a term of five years and vest immediately, contingent on the participant's continued service with the company [3]. - All securities issued from the stock option grant are subject to a four-month hold period as per applicable securities laws [4]. Group 3: Company Overview - CDN Maverick Capital Corp. is focused on identifying and developing high-value assets in critical minerals, particularly lithium and battery metals, across tier-one mining jurisdictions in North America [5].