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RETRANSMISSION: Metalsource Announces Change of Directors
TMX Newsfile· 2026-01-20 14:30
Core Viewpoint - Metalsource Mining Inc. has appointed Adam Falkoff as a Director, bringing over 20 years of experience in public policy, diplomacy, and business development to the company [1][2]. Group 1: Appointment and Experience - Adam Falkoff has advised high-profile leaders including CEOs of Fortune 100 companies and U.S. Presidents, showcasing his extensive experience in both public and private sectors [1][2]. - Falkoff's background includes senior executive roles at CapitalKeys, Amazon, and Microsoft, as well as serving as a U.S. Public Diplomacy Envoy [2]. - He holds multiple degrees including a BA from Duke University and an MBA from the Thunderbird School of Global Management, along with a Certificate in International Law [4]. Group 2: Company Insights - The CEO of Metalsource Mining expressed enthusiasm about Falkoff's appointment, highlighting his unique combination of policy experience and understanding of critical minerals [5]. - Falkoff emphasized the historical significance of the company's silver mine, which was the source of silver for the nation's first silver coin, and its relevance in modern industry [5]. - The company has granted Falkoff 450,000 incentive stock options at an exercise price of $1.14 per share, with a vesting period of one year [5]. Group 3: Company Overview - Metalsource Mining Inc. is focused on advancing high-potential mineral assets through systematic exploration and value-driven discovery [6].
Lexston Mining Corporation Closed the Private Placement
Thenewswire· 2026-01-20 14:00
Core Viewpoint - Lexston Mining Corporation has successfully closed a non-brokered private placement, raising $500,000 through the issuance of 6,250,000 units at a price of $0.08 per unit, with each unit consisting of one common share and one common share purchase warrant [1] Group 1: Financial Details - The private placement raised gross proceeds of $500,000 [1] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at a price of $0.10 for five years [1] - The proceeds from the private placement will be used for exploration expenditures and general working capital [2] Group 2: Regulatory and Compliance Information - All securities issued in the private placement are subject to a four-month statutory hold period until May 21, 2026 [3] - No finder's fees were paid in relation to the private placement [2] Group 3: Company Overview - Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and developing mineral projects to enhance value for stakeholders [4] - The company has mineral exploration projects located in British Columbia and Nevada [4]
Grafton Resources Announces LOI to Acquire Silver One Project in Chile
Thenewswire· 2026-01-20 14:00
Core Viewpoint - Grafton Resources has entered into a non-binding letter of intent to acquire a 100% interest in the Silver One project in Chile, which is seen as a high-grade silver-copper target with significant development potential [1][2]. Project Overview - The Silver One project is located in the historic Au-Ag-Cu mining Pedernal district of central Chile, accessible via established roads [4]. - The project area hosts nearly 90 ore bodies, primarily polymetallic veins, and is characterized by epithermal low sulfidation vein systems [5]. - Historical mining indicates the presence of silver-copper-bearing sulphide vein systems, with significant grades reported in waste material [6][7]. Geological Interpretation - The project targets mineralized veins hosted within grey volcanic breccias, with a favorable horizon for Ag-Cu sulphide deposition [8]. - Historic waste dump material averages 296 g/t Ag and 2.6% Cu, indicating high potential for valuable mineralization [10]. Acquisition Terms - The proposed acquisition involves a total consideration of C$820,000, including a cash payment of C$100,000 and the issuance of 800,000 common shares valued at C$720,000 [11]. - The shares will be subject to voluntary escrow provisions over 36 months [11]. Next Steps - The company plans to drill the Silver One project in the second half of 2026 and is building a local exploration team [3]. - Future steps include securing access to historic stopes, conducting targeted geophysical surveys, and focused drilling to test mineralization continuity [14]. Company Background - Grafton Resources is a Canadian exploration company focused on mineral asset discovery and development in the Americas, emphasizing responsible exploration and community partnerships [19].
Diamond Drilling Underway at Mink Ventures’ Warren Property
Globenewswire· 2026-01-20 13:45
Core Viewpoint - Mink Ventures Corporation has initiated a winter diamond drill program at its Warren Ni Cu Co Property in Timmins, Ontario, with plans to transition to the Montcalm Ni Cu Co Property later in January [1]. Group 1: Warren Property Update - The primary focus of the drilling at the Warren Property is the "A" Zone, which shows high potential for nickel and copper, particularly enriched in copper at the surface [2]. - Recent exploration identified a significant Mise-a-la-Masse (MALAM) anomaly with a strike length of approximately 500 meters and a width of 200 meters, coinciding with surface trenches that exhibit substantial Cu, Ni, and Co values in semi-massive to massive sulphides [2]. - Geologists have re-evaluated the A Zone, indicating that the higher-grade mineralized zone is a broad, flat-lying body with a shallow plunge to the north, which was not adequately assessed by past inclined drilling [3]. Group 2: Additional Drilling Plans - The drill program will also test the North Zone, which has not been previously drilled, where grab samples returned values as high as 0.967% Ni and 0.07% Co [4]. - The "D" Zone will be included in the drilling program, characterized by a 50-meter wide, trenched sulphide-rich zone, with historical chip samples showing 0.5% Ni over 9.14 meters [4]. - Recent assays from summer prospecting efforts revealed anomalous copper values ranging from 0.216% to 0.252% and nickel values from 0.139% to 0.171% [4]. Group 3: Company Overview - Mink Ventures Corporation is a Canadian mineral exploration company focused on critical minerals such as nickel, copper, and cobalt at its Warren and Montcalm projects in the Timmins area [8]. - The Montcalm Project is located adjacent to Glencore's former Montcalm Mine, which historically produced 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu, and 0.051% Co [8]. - The Warren Ni Cu Co Project spans 1,130 hectares and is situated 35 kilometers from Montcalm, both projects being drill-ready and well-supported by infrastructure [8].
Latin Metals Provides Update on Partner-Funded Exploration, Cerro Bayo Gold–Silver Project, Argentina
Globenewswire· 2026-01-20 13:31
VANCOUVER, British Columbia, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Latin Metals Inc. ("Latin Metals" or the "Company") (TSXV: LMS) (OTCQB: LMSQF) is pleased to provide an update on exploration activities at the Cerro Bayo Gold–Silver Project, where its option partner, Daura Gold Corp. ("Daura"), has completed approximately 27 line-km of pole–dipole induced polarization ("IP") surveying over previously identified target areas to refine drill targets ahead of a planned 1,500 meters diamond drilling program , expe ...
Tartisan Nickel Corp. to Advance the Sill Lake Silver Project, Sault Ste. Marie, Ontario
TMX Newsfile· 2026-01-20 12:50
Core Viewpoint - Tartisan Nickel Corp. is advancing plans for the Sill Lake Silver Project, aiming for renewed exploration and project development in Ontario [1] Project Overview - The Sill Lake Project spans 970 hectares and is a former Silver-Lead producer with documented historic underground mining operations [2] - A historic mineral resource estimate, prepared by SMX International Corp. as per NI43-101 standards, is available, with an effective date of May 9, 2021 [2][3] Mineral Resource Estimates - The NI43-101 report indicates the following in-situ Measured and Indicated Mineral Resources for the Main Vein: - Measured Resources: 35,703 tonnes grading 4.52 oz/ton silver, containing 161,490 ounces of silver - Indicated Resources: 67,941 tonnes grading 4.37 oz/ton silver, containing 296,843 ounces of silver - Total Measured and Indicated: 103,644 tonnes grading 4.42 oz/ton silver, containing 458,333 ounces of silver, along with 1,467,965 pounds of lead and 505,126 pounds of zinc [7] Project Advancement Strategy - The company is undertaking technical and logistical planning to reactivate the Sill Lake Project, viewing it as a brownfields Silver-Lead opportunity within a proven Ontario mining jurisdiction [4] - Plans include evaluating additional veins (North, Middle, and South Trends) for potential silver mineralization and identifying priority drill targets [3][8] Stakeholder Engagement - Initial engagement with local and regional stakeholders is part of the project advancement strategy [8]
Searchlight Resources Completes Airborne Radiometric Survey of the Bear Lake Rare Earth Project
TMX Newsfile· 2026-01-20 12:30
Survey highlights multiple known and new rare earth targetsLarge 600m x 500m thorium anomaly highlights rare earth potential1.5 km linear thorium anomaly along the shore of Ena LakeVancouver, British Columbia--(Newsfile Corp. - January 20, 2026) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") is pleased to announce the initial results of the airborne radiometric and magnetic surveys on the Company's Bear Lake Rare Earth Element ("REE") project, located approxima ...
Conquest Resources Amends Terms of Private Placement Financings
TMX Newsfile· 2026-01-20 12:01
Toronto, Ontario--(Newsfile Corp. - January 20, 2026) - Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") is pleased to announce that it has amended its the terms of its previously announced non-brokered private placement financing to include a non-brokered hard-dollar private placement of up to 6,000,000 common shares (the "HD Shares") at a price of $0.05 per HD Shares for gross proceeds of up to $300,000 (the "Share Financing" and together with the FT Financing, the "Financings"). for ...
Vault Enters In To Agreement For Option To Acquire Portfolio Of US Historical Mining Assets And Corresponding Historical Databases
Thenewswire· 2026-01-20 12:00
Core Viewpoint - Vault Strategic Mining Corp. has entered into an Option Agreement to acquire a 100% interest in four mineral exploration projects focused on Silver, Gold, and Tungsten-Beryllium across the Western United States, leveraging extensive historical data for future exploration plans [1][22]. Group 1: Acquisition Details - The Option Agreement includes four historical mining properties: Robinson Dyke, Golden Dome, Mount Wheeler, and Mia, with the potential for future exploration and development [28]. - The acquisition is structured as a non-material transaction, requiring cash payments totaling $15,500 for Robinson Dyke, $55,000 for Golden Dome, $42,000 for Mount Wheeler, and $80,000 for Mia, with associated net smelter return royalties [29][30]. Group 2: Historical Data and Exploration Context - The properties have a documented history of extensive exploration, including sampling, drilling, and feasibility studies, which provide a strong foundation for modern exploration efforts [22][23]. - Historical assays from the Mia Silver Project indicate significant mineralization, with gold assays reaching up to 1.10 ounces/ton and silver assays as high as 178.00 ounces/ton [3][4]. - The Mount Wheeler Historical Tungsten Mine has a history of production, with 1,800 tons of rock averaging 1.3% WO3 extracted between 1952 and 1955 [13][23]. Group 3: Future Exploration Plans - The company plans to conduct a comprehensive exploration program, including geophysics, diamond drilling, and road construction, to further assess the mineral potential of the acquired properties [12][26]. - The historical data will guide the design of modern exploration and evaluation programs, although it does not comply with current NI 43-101 standards [24][25].
Canamera Provides Exploration Update on Schryburt Lake Rare Earths Project and Engages First Nations Consultant
TMX Newsfile· 2026-01-20 11:00
Core Insights - Canamera Energy Metals Corp. is advancing its Schryburt Lake Rare Earths Project in northwestern Ontario, highlighting the engagement of Andrew Best as Manager of Indigenous Relations to enhance community engagement initiatives [1][3]. Project Overview - The Schryburt Lake Project consists of 255 mineral claims covering approximately 4,948 hectares, located 52 km east of Orla Mining's Musselwhite Mine and 136 km north-northeast of Pickle Lake, with road access within 30 km of the property [4]. - Canamera holds an option to earn up to a 90% interest in the Project from Bindi Metals Limited, subject to a 1% net smelter returns royalty [4]. Geological and Exploration Insights - The Project is characterized by a carbonatite-hosted REE and niobium system with four priority targets: Blue Jay, Goldfinch, Blackbird, and Starling, defined by thorium radiometric anomalies and magnetic bodies [2][5]. - Historical exploration has included various methods such as ground magnetics, trenching, and drilling, with recent advancements including 50 rock grab samples and a 500 line-km helicopter-borne magnetic and radiometric survey [6]. Target Descriptions - **Blue Jay**: Flagship target with potential for a coherent body extending to approximately 1,000 m depth over 650 m width [6]. - **Goldfinch**: Niobium-rich system with a broad thorium anomaly measuring approximately 1,000 m x 800 m, indicating a substantial body extending to approximately 850 m depth over 1,000 m width [6]. - **Blackbird**: Newly identified prospect with a surface anomaly of approximately 230 m x 190 m and a thorium anomaly of approximately 400 m x 350 m, suggesting a vertically extensive body extending to approximately 800 m depth over 400 m width [6]. - **Starling**: Defined by a geochemical anomaly of approximately 300 m x 200 m and a thorium anomaly measuring approximately 750 m x 550 m, indicating a concealed body extending to approximately 600 m depth over 750 m width [7]. Indigenous Relations - Andrew Best, with over 30 years of experience, has been appointed to foster relationships with local First Nations communities, emphasizing the company's commitment to high environmental standards and meaningful engagement [11][12][14].