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Meryllion Resources Announces Investor Awareness Agreement
TMX Newsfile· 2026-01-19 22:15
Core Viewpoint - Meryllion Resources Corporation has entered into an investor awareness and media services agreement with Martin City Studios to enhance its visibility in the market [1][2]. Agreement Details - Martin City Studios will provide investor awareness services, including audio interview content featuring Meryllion, distributed through various media platforms [2]. - The agreement includes a cash fee of USD$15,000 and stock options for 300,000 common shares at CAD$0.065 per share, valid for 24 months [3]. - The agreement is effective immediately for six months and is subject to final acceptance by the Canadian Securities Exchange [3]. Company Overview - Meryllion Resources Corporation is an exploration stage company listed on the Canadian Securities Exchange [4]. - The company has entered into a lease and option agreement for the Makenzie gold/silver/antimony project located in Nevada, which is noted as one of the largest untested anomalies in the state [4]. - Meryllion also holds rights to acquire up to a 100% interest in the Westbury and Tasmanian Strategic Green Metals ionic adsorption clay hosted rare earth elements projects in Tasmania, covering approximately 800 square kilometers [5]. - The rare earth projects are adjacent to discoveries by ABx Group Limited, which reported high concentrations of Terbium and Dysprosium in its resources [5].
Trident Resources Announces Closing of Option Agreement to Acquire Strategic Claims from Edge Geological Consulting Within the La Ronge Gold Belt
Globenewswire· 2026-01-19 22:00
Core Viewpoint - Trident Resources Corp. has successfully closed a transaction to acquire up to 100% interest in 16 mineral dispositions totaling 5,395 hectares within the Longe Gold Belt, following TSX Venture Exchange approval [1][6]. Acquisition Highlights - The total payment for the acquisition includes C$51,000 and the issuance of 450,000 shares to Edge Geological Consulting Inc. [4][9]. - The agreement is classified as a "related party transaction" due to the involvement of a director from both Trident and Edge [6]. Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, Canada [8]. - The company is advancing its 100% owned Contact Lake and Greywacke Lake projects, which have significant historical gold resources [8]. - Trident has over C$14 million in cash and marketable securities on its balance sheet [8]. Exploration Potential - The new mineral dispositions include several precious and base metal showings that have seen limited historical exploration, indicating strong potential for future exploration [8]. - Four of the five claim blocks are located within the La Ronge Gold Belt, adjacent to Trident's existing land holdings, while the fifth is near Ithingo Lake in the Mudjatik Domain [8]. Technical Review - The scientific and technical data in the announcement was reviewed and approved by a qualified person, ensuring compliance with industry standards [7].
Red Metal Resources Announces Upsized Financing
TMX Newsfile· 2026-01-19 14:00
Core Viewpoint - Red Metal Resources Ltd. has increased its non-brokered private placement from C$750,000 to up to C$1,000,000 due to strong investor interest, intending to issue up to 16,666,667 units at a price of C$0.06 per unit for total gross proceeds of up to C$1,000,000 [1][3]. Group 1: Offering Details - Each unit will consist of one common share and one common share purchase warrant, with warrants exercisable at different prices over specified periods: C$0.09 for the first 12 months, C$0.12 for 12 to 24 months, and C$0.15 for 24 to 36 months [2][7]. - The company may pay finders' fees in connection with the offering, subject to regulatory and exchange approval [2]. Group 2: Use of Proceeds - The proceeds from the offering will be used to fund general working capital requirements and advance exploration on Carrizal, the company's flagship copper project in Chile [3][4]. Group 3: Company Background - Red Metal Resources is focused on mineral exploration, particularly in clean energy and strategic minerals, with a portfolio that includes the 100% owned Ville Marie claims in Quebec and projects in Chile's Candelaria IOCG belt [5].
Silver Elephant Announces a $625,000 Non-Brokered Private Placement
TMX Newsfile· 2026-01-19 13:10
Core Viewpoint - Silver Elephant Mining Corp. is conducting a non-brokered private placement to raise gross proceeds of $625,000 through the sale of 2,500,000 units at a price of $0.25 per unit, with each unit consisting of one common share and one share purchase warrant [1] Group 1: Private Placement Details - The private placement aims to raise $625,000 by selling 2,500,000 units at $0.25 each, with each unit including one common share and one warrant [1] - Each warrant allows the holder to purchase an additional share at $0.32 for three years [1] - Finder's fees of up to 7% will be payable, with each Finder's Unit consisting of one share and a non-transferable warrant [2] Group 2: Related Party Transactions - Certain directors and officers are expected to subscribe for up to 550,000 units, generating gross proceeds of up to $137,500, which is classified as a related party transaction [3] - The company plans to rely on exemptions from minority shareholder approval and formal valuation requirements under MI 61-101, as the transaction does not exceed 25% of the company's market capitalization [3] Group 3: Use of Proceeds and Regulatory Compliance - The net proceeds from the private placement will primarily be used for directors' fees and general working capital [4] - The securities issued will be subject to a regulatory hold period of four months plus one day from the date of issue, and the private placement is subject to approval by the Toronto Stock Exchange [4] Group 4: Company Overview - Silver Elephant Mining Corp. is focused on the development of its silver-lead-zinc project in Bolivia [5]
REV Provides Corporate Update
Globenewswire· 2026-01-19 13:00
Core Insights - REV Exploration Corp. has made significant corporate updates, including a successful private placement raising $5.8 million and an increased stake in MAX Power Mining Corp. to 5.0% [5][2] - The company is focused on its flagship Aden Dome Project, which is highly prospective for Natural Hydrogen and associated gases, and is planning near-term drilling activities [5][3] Group 1: Corporate Developments - REV Exploration has completed its largest capital raise to date, totaling $5.8 million, with a lead order of $2.0 million from Eric Sprott, who now owns approximately 12.6% of the company on a non-diluted basis [5] - The company has increased its ownership in MAX Power Mining Corp. to 6 million shares, representing approximately 5.0% on a non-diluted basis, after exercising 2 million common share purchase warrants [5][2] - The company is exploring potential property acquisition opportunities in Montana and the broader Northern Great Plains states [5] Group 2: Project Focus - The Aden Dome Project, located along the Alberta-Montana border, is considered highly prospective for Natural Hydrogen and associated gases, with drilling planned for Q1 [5][3] - REV Exploration has amassed a land package in Northern Quebec's Chibougamau Gold Camp totaling approximately 52,000 hectares, including the drill-ready JMW Property [5][3]
Indata Drilling add Nickel and Silver to Targets
Thenewswire· 2026-01-19 12:45
Core Insights - Star Copper Corp. and Eastfield Resources Ltd. announced the results of three diamond drill holes at the Indata Project, located 120 kilometers northwest of Fort Saint James, British Columbia, totaling 532.8 meters drilled, with two holes in the newly discovered "Area 74" [1] Group 1: Drill Hole Results - Hole IN25-87, a 50-meter step out from hole IN22-74, intersected 106.6 meters of altered ultramafic rock mineralized with nickel and magnesium, followed by 23.7 meters of biotite-granite mineralized with copper, molybdenum, silver, and antimony [2] - Hole IN25-89, a 330-meter step out from hole IN22-74, intersected 21.8 meters of altered ultramafic rock mineralized with nickel and magnesium, followed by 77.5 meters of biotite-granite weakly mineralized with gold, silver, and antimony [2] - A summary of results from "Area 74" indicates significant mineralization, including nickel grades of 0.14% and 0.19% in holes IN25-87 and IN25-89, respectively, along with copper and molybdenum values [2][3] Group 2: Lake Copper Target - Hole IN25-88 was drilled to explore the mineralized trend from hole IN22-82, which previously intersected 170.7 meters grading 0.23% copper [4] - Results from hole IN25-88 included a narrower intercept than IN22-82 but showed a higher gold to copper ratio, suggesting the presence of two distinct populations of copper-gold mineralization [4] Group 3: Property Overview - The Indata property covers 4,551 hectares and is a copper-gold-silver-molybdenum porphyry prospect with additional potential for nickel and antimony [6] - Star Copper Corp. has an option to earn a 60% interest in the property by completing $2,700,000 in exploration and paying $440,000 by December 31, 2026 [6] - A total of 87 drill holes have been completed at Indata, with significant previous results including hole IN22-82, which graded 0.23% copper over 174.0 meters [6]
Romios Announces Shareholder Approval of Name Change to Oreterra Metals Corp. and Share Consolidation
TMX Newsfile· 2026-01-19 12:30
Core Viewpoint - Romios Gold Resources Inc. has received overwhelming shareholder support for key proposals at its Annual General and Special Meeting, including a name change to Oreterra Metals Corp. and a share capital consolidation of up to 10 pre-consolidation shares for 1 new post-consolidation share [1][2] Group 1: Company Developments - The company is currently in the process of pricing a post-consolidation private placement financing, with further details to be announced soon [2] - A restructuring process has been ongoing for the past six months to enhance the company's market appeal and facilitate capital raising for drilling at the Trek South prospect [3] - The company holds interests in two former producers in Nevada, the Kinkaid claims and the Scossa mine property, as well as a 100% interest in the Lundmark-Akow Lake Au-Cu property [4]
Domestic Metals Appoints Dr. Peter Megaw as Technical Advisor to the Company
Globenewswire· 2026-01-19 12:30
Core Insights - Domestic Metals Corp. has appointed Dr. Peter Megaw, a renowned expert in Carbon Replacement Deposits, as a technical advisor to enhance its exploration efforts at the Smart Creek Copper Porphyry Project in Montana [1][3] Group 1: Appointment of Dr. Peter Megaw - Dr. Megaw holds a Ph.D. in geology and has over 30 years of experience in silver and gold exploration, particularly in Mexico [2] - He has been pivotal in several mineral discoveries and received the PDAC's 2016 Thayer Lindsley Award for his contributions [2] Group 2: Company Overview - Domestic Metals Corp. focuses on discovering large-scale copper and gold deposits in historically significant mining areas across the Americas [5] - The Smart Creek Project is located in Montana and features extensive copper mineralization with multiple exploration targets [6] Group 3: Recent Developments - The company announced surface sampling results from the Smart Creek Project, yielding up to 102 g/t Au, 23% Cu, and 3,810 g/t Ag, indicating promising mineralization [4] - A webinar is scheduled for January 22 to discuss follow-up plans for Q1, and the company will participate in upcoming investor events in Vancouver and Toronto [4]
SAGA Metals Confirms Significant High-Grade Mineralization at Trapper North Releasing Additional Assays at Radar Critical Minerals Project in Labrador
Globenewswire· 2026-01-19 12:30
Core Insights - SAGA Metals Corp. has reported successful assay results from four diamond drill holes at the Trapper North Zone, confirming high-grade titanium, vanadium, and iron mineralization [1][6][7] Drilling Results - The assay results from drill holes R-0010 and R-0011 indicate significant mineralization, with R-0010 intercepting 135.5 meters grading 50.03% Fe₂O₃, 7.87% TiO₂, and 0.352% V₂O₅, while R-0011 intercepted 95.15 meters grading 39.49% Fe₂O₃, 6.49% TiO₂, and 0.22% V₂O₅ [6][11] - The overall results from all four drill holes show a consistent presence of oxide-rich intercepts, with 42.6% of samples exceeding 7% TiO₂ and 53.7% of samples exceeding 0.2% V₂O₅ [6][7] Geological Insights - The drilling program has confirmed the continuity of high-grade mineralization along the northern limb of the Trapper North Fold, indicating a strong potential for resource development [7][12] - The geological mapping and drilling have revealed extensive oxide layering across more than 20 km of strike length, with mineralization open for expansion [19][21] Future Plans - The 2026 drilling campaign will focus on the southern section of the Trapper Zone, targeting approximately 30 holes (7,500 meters) to further delineate the mineral resources [18][16] - The company aims to establish a maiden Mineral Resource Estimate for the Radar Project, emphasizing the importance of titanium, vanadium, and iron for North American supply security [13][14] Strategic Positioning - The Radar Project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [22][27] - SAGA Metals Corp. is focused on critical mineral discovery to support North America's transition to supply security, with a diversified portfolio of projects [27][31]
Precipitate Announces Appointment of Jose Acebal to Board of Directors
Thenewswire· 2026-01-19 12:30
Core Insights - Precipitate Gold Corp. has appointed José Acebal to its Board of Directors, enhancing its leadership team with his extensive experience in industrial operations and finance [1][4]. Group 1: Appointment of José Acebal - José Acebal is a Dominican national with a strong background in finance and operational management, particularly in the extractive industries [2]. - He operates multiple businesses in the Dominican Republic, including Parque Industrial Carelia and Tavares Industrial, which focus on aggregate production and concrete manufacturing [2]. - Acebal has prior experience at Goldman Sachs in the Debt Capital Markets group, providing him with insights into structured finance and investor relations [2][3]. Group 2: Strategic Importance - The addition of Acebal is expected to provide valuable insights into local operating environments, stakeholder engagement, and capital allocation strategies for mining companies in the Dominican Republic [3]. - Jeffrey Wilson, President & CEO, emphasized that Acebal's combination of international capital markets experience and operational expertise will be crucial for advancing the company's mineral properties and strengthening in-country relationships [4]. Group 3: Company Overview - Precipitate Gold Corp. focuses on mineral exploration in the Dominican Republic, with projects adjacent to significant mining operations, including the Juan de Herrera project and the Pueblo Grande project [5]. - The company is actively seeking additional high-impact property acquisitions to expand its portfolio and enhance shareholder value [5].