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Doubleview Confirms Metal Recoveries for Upcoming Mineral Resource Estimate and Preliminary Economic Assessment
TMX Newsfile· 2026-01-14 13:45
Core Viewpoint - Doubleview Gold Corp. has successfully finalized key metallurgical recovery data for its Hat Polymetallic Deposit, which supports the upcoming updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) [1][4]. Metallurgical Recovery Data - The two-year metallurgical testing program has confirmed viable recoveries for multiple metals, with the following overall recoveries: - Copper (Cu): 85% - Gold (Au): 89% - Silver (Ag): 68% - Cobalt (Co): 78% - Scandium (Sc): 75% [2][3] - Notable breakthroughs include the recovery of high-grade scandium oxide (Sc₂O₃) from copper porphyry flotation tailings, indicating strong technical viability [3]. MRE and PEA Updates - The updated MRE and PEA will incorporate new metallurgical data and expanded drilling results from the 2025 field season, which included over 13,000 meters of drilling [4]. - Preparations for the 2026 field season are underway, with plans for continued exploration and resource enhancement at the Hat Project [4]. Leadership and Expertise - Farshad Shirvani, President and CEO, emphasized the significance of the metallurgical recoveries for the Hat Project and the potential for critical metals like scandium [5]. - Andrew Carter, the metallurgical program leader, has over 45 years of experience in extractive metallurgy and is recognized as a Qualified Person under National Instrument 43-101 [5][7]. Company Commitment - Doubleview is dedicated to the responsible development of its strategic asset, contributing to North America's supply of critical and electrification-enabling metals [6]. Company Overview - Doubleview Gold Corp. is a mineral resource exploration and development company based in Vancouver, focusing on precious and base metal projects across North America, particularly in British Columbia [9]. - The company aims to enhance shareholder value through the acquisition and exploration of high-quality projects involving gold, copper, cobalt, scandium, and silver [9]. Hat Polymetallic Deposit Details - The Hat Deposit is a significant polymetallic porphyry project with major resources of copper, gold, cobalt, and potential for scandium [11]. - The resource estimate includes: - Indicated: 150 million tonnes at 0.408% CuEq - Inferred: 477 million tonnes at 0.344% CuEq - Scandium potential is estimated at 300 to 500 million tonnes with an average grade of 40 ppm (0.004%) Sc₂O₃ [11].
GoldHaven Confirms Anomalous Tungsten at Kuhn and Dead Goat and Identifies New Tungsten Zone at Vines Lake with up to 6,550 ppm W, Magno Property
Globenewswire· 2026-01-14 13:30
Core Insights - GoldHaven Resources Corp. has reported significant tungsten assay results from its 2025 surface exploration program at the Magno Property, confirming historical mineral occurrences and identifying new tungsten zones [1][3][14] Exploration Results - Anomalous tungsten mineralization has been confirmed at the historical Kuhn and Dead Goat showings, validating previous data, and a new tungsten occurrence has been identified at the Vines Lake showing, with the highest-grade sample returning 6,550 ppm tungsten [3][6][15] - The exploration program has defined approximately 1.3 kilometers of anomalous tungsten mineralization at the Kuhn target, indicating district-scale potential for tungsten and critical minerals [6][13] Geological Context - Tungsten is recognized as a critical mineral due to its unique properties and is essential for various industrial applications, highlighting the strategic importance of the Magno Property in North America [4] - The mineralization at Kuhn and Dead Goat occurs within structurally controlled skarns, consistent with tungsten-bearing systems, and field mapping has identified a previously unrecognized skarn zone with a stronger zinc association [7][9] Project Overview - The Magno Project spans 36,973.29 hectares in the Cassiar region of British Columbia, benefiting from excellent infrastructure and proximity to established mining operations [17][18] - The project is strategically located near mineral claims held by other operators, enhancing its logistical advantages for future development [18] Future Plans - The company plans to advance priority targets, including the Magno and D Zones, and the newly identified Vines Lake showing, towards detailed targeting and future drill planning [14][15]
Global Energy Metals Enters Into Option Agreement with Zimtu Capital to Advance the Monument Peak Project, Idaho
Thenewswire· 2026-01-14 13:30
Core Viewpoint - Global Energy Metals Corporation has entered into a non-binding letter agreement with Zimtu Capital Corp to propose an option agreement aimed at advancing exploration and development at the Monument Peak silver-copper-gold project in Idaho, USA [1][2]. Group 1: Option Agreement Details - Zimtu will be granted a multi-stage option over a four-year term to acquire Global Energy Metals' entire 50% interest in Monument Peak, subject to a 1.0% net smelter returns royalty [2][4]. - The transaction allows Global Energy Metals to maintain non-dilutive exposure to exploration success through cash payments, equity consideration, exploration expenditures, and retained royalty interest [2][3]. - The Option Agreement includes several milestone payments, with the first milestone requiring a payment of $50,000 in cash and the issuance of 100,000 common shares of Zimtu or its assignee [6][7]. Group 2: Financial Terms and Conditions - Zimtu must incur a minimum of $1,000,000 in direct exploration expenditures on the Project within 12 months of Closing [9]. - The second milestone payment includes $150,000 in cash and shares valued at $150,000, while the third milestone payment consists of $200,000 in cash and shares valued at $250,000 [11]. - Upon exercise of the Option, Global Energy Metals will retain a 1.0% NSR royalty on the Project, with a provision for the Optionee to repurchase 0.5% of the NSR for $1,000,000 within the first five years [11]. Group 3: Project Overview - The Monument Peak Project consists of 84 contiguous, unpatented lode mining claims totaling approximately 689.77 hectares, which includes two historical copper mines [15]. - Historical and modern exploration has confirmed the presence of high-grade copper-silver ± gold mineralization along a 3+ kilometer structural trend [16]. - Notable prior sampling results include copper grades ranging from 1% to 20.9% and silver grades from 3.4 to 305 g/t [17][19].
Metals Creeks' Option Partner Lomiko Identifies New REE Anomalies at the Yellow Fox Critical Metals Property Located in Central Newfoundland
TMX Newsfile· 2026-01-14 13:01
Core Viewpoint - Metals Creek Resources Corp. has received promising assay results from its partner Lomiko Metals Inc. regarding Rare Earth Elements (REE) analysis from the Yellow Fox Antimony property, indicating significant potential for further exploration and development [1][3][9]. Group 1: REE Anomalies and Soil Sampling Results - A two-phase soil sampling program in 2025 identified several highly prospective critical metal soil anomalies, including REEs Lanthanum (La) and Cerium (Ce), with Ce values reaching up to 2,510 parts per million (ppm) and La values up to 414 ppm [3][5]. - The largest identified anomaly (Anomaly 1) measures approximately 500 meters in width and at least 1,300 meters in length, while a second anomaly (Anomaly 2) is about 175 meters wide and at least 1,000 meters long [3][5]. - Seven soil samples were selected for additional REE analysis, revealing highly anomalous assays for both light and heavy rare earth elements, with Total Rare Earth Element (TREE) values ranging from 1,683 ppm to 5,176 ppm [5][7][14]. Group 2: Future Exploration Plans - The next stages of exploration will include line cutting, ground geophysics, surface trenching, and geological mapping to better define the orientation and location of high-priority targets [12][20]. - Management is encouraged by the results and plans to conduct further sampling to determine the extent of REE mineralization across the Yellow Fox property [14][20]. Group 3: Geological Context and Historical Data - The Yellow Fox property exhibits geological traits similar to the Beaver Brook area, with structural zones showing intense carbonate alteration and the presence of stibnite and arsenopyrite [16][17]. - Historical work has returned samples with significant values in gold, antimony, lead, zinc, and silver, indicating a rich mineralization potential [17].
IDEX Drilling Confirms Scale of Copper Mineralization at Kismet Breccia Complex, Intersects 130.93 m of 0.40% Cu within 344 m of 0.30% Cu at the Freeze Project, Idaho, USA
Thenewswire· 2026-01-14 13:00
Core Insights - IDEX Metals Corp. announced positive drill results from its Freeze Copper-Gold-Molybdenum Project, confirming the scale and growth potential of the copper system [1][2][9] Drilling Highlights - Drill hole KSMT25004 intersected 130.93 meters of 0.50% CuEq (0.40% Cu, 1.87 g/t Ag, 89 ppm Mo) within 344.34 meters of 0.45% CuEq (0.30% Cu, 1.88 g/t Ag, 147 ppm Mo) [4][11] - Drill hole KSMT25003 intersected 57.10 meters of 0.65% CuEq (0.50% Cu, 3.14 g/t Ag, 140 ppm Mo) within 134.22 meters of 0.42% CuEq (0.34% Cu, 1.92 g/t Ag, 71 ppm Mo) [4][11] - The Kismet Breccia Complex remains open in all directions and at depth, indicating strong continuity of mineralization [4][8] Geological Context - The Freeze Project is located in the emerging Idaho Copper Belt, exhibiting geological characteristics similar to major porphyry-related systems globally [9][36] - The consistency and thickness of mineralization support the potential for Kismet to evolve into a district-scale copper system through systematic drilling [9] Upcoming Catalysts - Future activities include assay results from additional drill holes, geophysical results, and the completion of a property-wide model with defined porphyry copper drill targets for the 2026 exploration season [34]
Ashley Gold Corp. Announces Filing of Early Warning Report, President Surpasses 10% Ownership Threshold
Thenewswire· 2026-01-14 13:00
Core Viewpoint - Ashley Gold Corp. is experiencing a significant change in ownership structure as President Noah J. Komavli exceeds 10% ownership of the company's common shares, reflecting his confidence in the company's strategic direction and growth potential [1][2]. Transaction Details - The Tak Patent transaction, announced on January 6, 2026, involves the issuance of securities [3]. - Following the issuance, Ashley Gold Corp. has a total of 74,189,873 issued and outstanding securities [4]. Ownership Structure - Noah J. Komavli holds a total of 9,643,200 common shares, representing approximately 12.998% of the company's common share free trading float [5]. - On a fully diluted basis, Mr. Komavli controls 12,493,200 out of 105,498,878 fully diluted shares, equating to an 11.842% control over all securities [6]. Company Overview - Ashley Gold Corp. is a Canadian mineral exploration company focused on acquiring and developing gold and polymetallic deposits in top mining regions of Canada, with flagship assets located in the Dryden Area of Ontario and the Icefield Portfolio in British Columbia [8].
REV Exploration to Acquire Additional Mining Claims in Chibougamau Gold Camp
Globenewswire· 2026-01-14 13:00
Core Viewpoint - REV Exploration Corp. has entered into an asset purchase agreement to acquire a 100% interest in mineral claims located in Quebec's Chibougamau Gold Camp, expanding its land package significantly [1][2]. Group 1: Acquisition Details - The acquisition involves claims covering just over 6,700 hectares, increasing REV's total land package in the Chibougamau Gold Camp to approximately 52,000 hectares or 520 square kilometers [2]. - The transaction is subject to customary conditions, including regulatory approvals and acceptance by the TSX Venture Exchange [2]. Group 2: Financial Terms - REV will provide a cash payment of $150,000 to the Vendor, with $25,000 as a deposit and the remainder due at closing [6]. - Additionally, REV will issue $350,000 worth of common shares to the Vendor upon closing and grant a 1.0% Net Smelter Return (NSR) in favor of the Vendor [6]. Group 3: Company Overview - REV Exploration Corp. is a mineral exploration company with a focus on gold properties in Quebec, particularly in the Chibougamau Gold Camp, and has interests in the Natural Hydrogen sector in Alberta and Saskatchewan [3]. - The company has acquired 100% of several PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome, and holds a significant equity position in MAX Power Mining Corp., which has the largest permitted land package for Natural Hydrogen in Saskatchewan [3].
Benton Receives Positive Metallurgical Results from South Pond with Gold Recoveries up to 88.4%
TMX Newsfile· 2026-01-14 12:30
Core Viewpoint - Benton Resources Inc. has announced preliminary gold recovery results from its South Pond Gold-Copper Deposit, achieving recoveries of up to 88.4% [1][8]. Group 1: Test Results and Methodology - The initial test results indicate outstanding recoveries for a first-pass evaluation of the SP Deposit, with potential for further optimization [2][3]. - Standard bottle-roll tests were conducted by SGS Canada Inc. to assess gold recoveries, with a representative composite sample weighing approximately 20 kg collected from 16 drill holes [3][4]. - SGS performed three separate 24-hour recovery tests, showing progressively increasing gold recovery results [8]. Group 2: Sample Data and Analysis - The average gold recovery from the tests was reported at 88.4%, with detailed sample data provided in Table 1, showing various intervals and assay results [5][6][8]. - The average assay results from the composite sample indicated an average gold grade of 3,288 ppb and an average copper grade of 1,571 ppm [5]. Group 3: Previous Studies and Future Prospects - Previous operators conducted metallurgical tests on the Great Burnt Copper Deposit, achieving an average copper recovery of 94.7% [12]. - Benton Resources is focused on advancing both the South Pond and Great Burnt deposits, with significant potential for new discoveries [3][19].
Surge Battery Metals Announces $15M Non-Brokered LIFE Offering of Units
TMX Newsfile· 2026-01-14 12:30
Core Viewpoint - Surge Battery Metals Inc. is initiating a non-brokered private placement called the LIFE Offering, aiming to raise $15,000,030 through the sale of 16,666,700 Offered Units, which will support the Nevada North Lithium Project and general working capital [1][3]. Group 1: Offering Details - The Offered Units are priced at $0.90 each and consist of one common share and one-half of a common share purchase warrant, with each full warrant allowing the purchase of one common share at $1.35 for three years post-issuance [1]. - The LIFE Offering is expected to close around February 3, 2026, and is subject to TSX Venture Exchange approval [1][4]. - The offering is made under the National Instrument 45-106, allowing participation from Canadian investors outside Quebec, and the securities will not be subject to a statutory hold period [2]. Group 2: Use of Proceeds - Proceeds from the LIFE Offering will be allocated to costs related to the preliminary feasibility study for the Nevada North Lithium Project, a definitive feasibility study, and general working capital [1][3]. Group 3: Company Positioning - Surge Battery Metals is focused on securing domestic lithium supply through its Nevada North Lithium Project, which is essential for electric vehicle production [6]. - The financing is viewed as a strong endorsement of the company's strategy and its project development efforts [3].
Puma Exploration Closes Sale of Turgeon Project
TMX Newsfile· 2026-01-14 11:00
Rimouski, Quebec--(Newsfile Corp. - January 14, 2026) - Puma Exploration Inc. (TSXV: PUMA) (OTCQB: PUMXF) (the "Company" or "Puma") is pleased to announce that it has successfully finalized the sale of the Turgeon Project to Raptor Resources Ltd. ("Raptor"). This sale is part of a broader transaction involving Puma, Canadian Copper Inc. (CSE: CCI) ("Canadian Copper") and Raptor with respect to both the Chester and Turgeon Projects. The initial agreement was signed on March 1, 2024 (see March 4, 2024 News R ...