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Greenridge Exploration Announces Investor Relations and Marketing Services
Globenewswire· 2026-01-13 22:00
Core Viewpoint - Greenridge Exploration Inc. has entered into a six-month marketing agreement with RMK Marketing Inc. to enhance its online marketing efforts, with a budget of up to $500,000 CAD [1][3]. Group 1: Agreement Details - The agreement with RMK will commence on January 15, 2026, and will involve various marketing services including AdWords campaign management and optimization [2][3]. - Greenridge will compensate RMK $250,000 CAD, with the option to increase the budget to $500,000 CAD during the term of the agreement [3]. Group 2: Company Overview - Greenridge Exploration Inc. is a mineral exploration company focused on acquiring, exploring, and developing critical mineral projects in Canada, with interests in 21 projects covering approximately 281,100 hectares [4]. - The company has a significant portfolio in uranium, lithium, nickel, copper, and gold, with 13 uranium projects covering about 194,350 hectares [5]. Group 3: Project Highlights - The Black Lake property has historical results showing 0.69% U3O8 over 4.4 meters from a discovery hole [7]. - The Firebird Nickel property has seen drilling results of 0.36% Ni and 0.09% Cu over 23.8 meters [7]. Group 4: Management and Strategy - The management team and board of directors possess extensive expertise in capital raising and advancing mining projects, positioning the company to attract new investors [8].
Adamera Reports Multiple Drill-Ready Gold-Silver-Copper Targets in Established Mining Districts of B.C. and Washington State
Thenewswire· 2026-01-13 17:50
Core Viewpoint - Adamera Minerals Corp. is focused on advancing its exploration projects in 2026, with plans to finalize permitting and initiate drilling on at least five gold-copper-silver targets within its extensive land package in British Columbia and Washington State [1][2][19] Company Strategy - The company has adopted a disciplined exploration strategy over the past decade, emphasizing low-cost field work programs to refine high-quality drill targets in proven mining districts [2][3] - In 2026, the focus will shift towards advanced drilling stages, with drilling expected to commence by mid-year [2][19] Project Highlights - Adamera's portfolio includes multiple potential discoveries in historic mining districts, with a mix of gold, silver, copper, and tungsten targets that are well-positioned in the current commodity cycle [3][18] - The Buckhorn 2.0 Project, surrounding the former Buckhorn Gold Mine, has identified over 30 drill targets with significant gold and copper-silver potential [5][7] - The South Hedley Project in British Columbia has a land position of over 19,000 hectares and is considered a new discovery stage area with multiple drill-ready targets [11][12][16] Washington State Portfolio - The projects in Washington State are located in historic mining districts with established infrastructure, providing a development advantage due to proximity to Kinross Gold's treatment facility [4][18] - The Buckhorn 2.0 Project has a strong geological framework and significant copper-silver potential, with historic drill results indicating high-grade mineralization [5][7] Key Prospects - The Max Prospect has shown promising results with soil samples returning up to 1.61 g/t gold and associated copper anomalies [14] - The Glix Prospect has identified gold values up to 4.3 g/t, indicating a strong potential for further exploration [15] - The Empire Creek project has confirmed high-grade mineralization with historic drill intercepts exceeding 10 g/t gold and 100 g/t silver [9] 2026 Outlook - The company plans to advance a pipeline of drill-ready targets across multiple properties, with funding expected from equity financing and potential joint ventures [17][19] - Strengthened gold and silver prices, along with long-term demand for copper and strategic interest in tungsten, enhance the appeal of Adamera's asset mix [18]
Coloured Ties Announces Intention to Solicit Proxies to Reconstitute Labrador Board and To Reject Change of Business
TMX Newsfile· 2026-01-13 15:13
Core Viewpoint - Coloured Ties Capital Inc. and concerned shareholders intend to solicit proxies to reconstitute the board of directors of Labrador Gold Corp. and reject the proposed change of business model [1][2][3] Shareholder Concerns - The concerned shareholders own approximately 8.40% of Labrador's outstanding common shares and express significant concerns regarding the company's poor corporate governance and underperformance over the last five years [2][3] - The board's decisions have led to a destruction of shareholder value, and the proposed change of business is viewed as a distraction from the company's poor performance [2][4] Board Reconstitution - An immediate reconstitution of the board is deemed necessary to improve Labrador's performance and restore shareholder value [3][4] - The concerned shareholders propose the appointment of Kulwant Malhi, Ronald Wortel, Jean Lafleur, and Tara Asfour as nominees to the board [7][8] Recent Board Decisions - Key decisions made by the board in the past 18 months have been ineffective, including the sale of the Kingsway Project at a time when gold prices were rising, resulting in a significant loss of shareholder value [4][5] - The company liquidated shares from the Kingsway Project sale at a loss of approximately $8 million, demonstrating poor investment acumen [5][6] Proposed Change of Business - The proposed change to become an investment issuer is considered risky and ill-advised, with management's track record raising concerns about their ability to manage such a transition [4][11] - The first proposed investment under the new strategy involves a $1 million private placement in Northern Shield Resources Inc., which is viewed as conflicted and high-risk [11] Governance and Strategic Direction - The concerned shareholders believe that Labrador has the potential to become a strong mineral exploration company, leveraging its approximately $18 million treasury and shareholder base [7] - The nominees aim to enhance corporate governance and restore strategic direction to the company [8][9]
CAT Strategic Metals Enters into Binding Memorandum Of Understanding to Acquire a District-Scale Rare Earth Elements Project in Quebec
TMX Newsfile· 2026-01-13 14:03
Core Viewpoint - CAT Strategic Metals Corporation has entered into a Binding Memorandum of Understanding to earn a majority interest in a significant rare earth elements exploration project in Québec, Canada, indicating a strategic move to consolidate mineral claims and control an emerging REE discovery [1][2]. Transaction Overview - The Binding MOU grants CAT the exclusive right to earn an 80% interest in the project over a five-year term, pending regulatory approvals [3]. - The agreement will convert into a definitive option agreement upon receiving necessary regulatory approvals, with no finder's fees involved [3]. Strategic Significance - The project encompasses 4 claim blocs totaling 95 claims and approximately 4,330 hectares, with confirmed rare earth element mineralization, allowing CAT to conduct systematic exploration [4]. - The consolidation of claims under a single agreement enhances operational control and exploration efficiency across the district [4]. Financial Terms - CAT will issue 33,000,000 common shares to the vendors and make annual anniversary payments of CAD $175,000 for three years [5]. - A minimum exploration expenditure of CAD $500,000 is required over the option term, with a one-time cash bonus of CAD $500,000 upon completion of a bankable feasibility study [5]. Geological Insights - The project includes the "Surivvik" mineral showing, which returned significant values of 2,349.49 ppm REE and other minerals, indicating a promising geological setting [6]. - The property also features three major alkaline intrusions, enhancing its potential for hosting a scalable REE system [9]. Next Steps - Following regulatory approvals, CAT plans to finalize the definitive option agreement and initiate a phased exploration program to expand and define REE mineralization [10]. - A grassroots exploration program is expected to commence in summer 2026, focusing on geological mapping and sampling [11]. Company Overview - CAT Strategic Metals Corporation is focused on acquiring and derisking overlooked mineral projects in North America, particularly those involving strategic minerals essential for global infrastructure and energy [14].
Generation Uranium Signs new agreement on the Yath Extension project.
Thenewswire· 2026-01-13 14:00
Core Viewpoint - Generation Uranium Inc. has signed an agreement to acquire the Yath Extension Property, enhancing its presence in the Angilak Uranium District of Nunavut [1][2]. Acquisition Details - The definitive purchase agreement allows Generation Uranium to acquire 100% ownership of the Yath Extension property, adding 4,123.94 hectares across five claims, bringing the total size of the Yath Project to approximately 18,214.87 hectares [2]. - The agreement reduces share payments by 6 million shares and breaks the share payments into two tranches over two years [2][10]. Geological Highlights - The Yath Extension property is underlain by Archean basement rocks of the Kaminak Group, known for uranium-copper mineralization within quartz-vein stockworks and brecciated zones [3]. - Historical mapping and sampling confirm the presence of narrow, high-grade mineralized shears and fractures [3]. Strategic Significance - This acquisition strengthens Generation's control over key structural corridors in the Yath Basin and aligns with the company's goal to advance high-priority exploration targets within a proven uranium district [6]. - CEO Mihcael Collins emphasized that the acquisition expands the company's core holdings and enhances its strategic position within Nunavut's uranium belt [7]. Historical Data - Historical Trench A averaged 0.82 lb/ton U3O8, with a peak sample returning 0.188% U3O8; Historical Trench B averaged 1.79 lb/ton U3O8, with a peak sample returning 0.52% U3O8 [7]. - A float sample exhibited 10.1% Na2O and 0.26% U, indicating a distinct sodium-rich alteration signature [7]. Transaction Summary - Vendors will receive 14 million common shares of Generation Uranium over two years in equal tranches of 7 million shares, along with a cash payment of $60,000 upon closing [10]. - A 2% Net Smelter Return (NSR) royalty will be granted as part of the transaction [10]. Company Overview - Generation Uranium is a Canadian resource exploration company focused on uranium, advancing its 100% owned Yath uranium project in Nunavut's Angilak district, which is one of Canada's most active emerging uranium camps [11]. - The company has a robust pipeline of high-priority exploration targets and is well-positioned to contribute to the future supply of clean nuclear energy [11].
New Earth set to launch exploration campaign at Lucky Boy project
Yahoo Finance· 2026-01-13 13:41
Core Insights - New Earth Resources is initiating exploration activities at the Lucky Boy Uranium Project in Gila County, Arizona, starting around January 21, 2026, to enhance understanding of uranium mineralization in the area [1][3] - The exploration program will utilize advanced tools for real-time elemental analysis and will include geological mapping, geochemical analyses, and scintillometer surveys to evaluate potential uranium resources [2][3] Group 1: Lucky Boy Uranium Project - The exploration phase aims to advance the understanding of uranium mineralization within the project area [1] - Geological mapping will focus on identifying essential rock formations and structural features for successful exploration [2] - Scintillometer surveys will provide real-time radioactivity measurements to highlight prospective zones for further investigation [3] Group 2: Strange Lake Project - New Earth Resources has outlined plans for an exploration initiative at the Strange Lake Project in Quebec, Canada, which has potential for rare earth elements (REE) [4] - The exploration program for Strange Lake includes regional prospecting, airborne geophysical studies, and regional geochemical surveys to generate data layers for future targeting [5] - The Strange Lake Project consists of 23 claims covering approximately 1,102 hectares, with the company holding an option to earn a 100% interest [5] Group 3: Red Wine Rare Earth Project - In November 2025, New Earth Resources executed an option agreement with Northex Capital Partners for the acquisition of the Red Wine rare earth project in Labrador, Canada [6]
Aventis Energy Prepares to Mobilize for Inaugural Drill Program and Announces Completion of Ground Gravity Survey on the Corvo Uranium Project
Globenewswire· 2026-01-13 13:00
Core Viewpoint - Aventis Energy Inc. has completed a high-resolution ground gravity survey at the Corvo Uranium Project and finalized plans for its inaugural winter drill program, indicating strong potential for uranium mineralization in the eastern Athabasca Basin [1][3]. Exploration and Survey Details - The high-resolution ground gravity survey covered over 29 kilometers of electromagnetic conductor strike length, aiding in identifying density anomalies that may indicate uranium mineralization [6][3]. - The planned drill program will consist of approximately 2,500 to 3,000 meters across 8 to 10 drill holes, targeting shallow high-grade basement-hosted uranium mineralization [3][7]. - The drill targets are located within 200 to 300 meters below the surface, with a focus on the Manhattan Showing, which has shown uranium grades of 8.10% U3O8 at surface [3][7]. Project Funding and Logistics - Aventis will fully fund the drill program to meet the year-one expenditure requirements under the Option Agreement [3]. - Key contracts for the drilling program have been secured, and diamond drilling crews are set to mobilize to the Corvo Project in January [3]. Historical Context and Geological Potential - The Corvo Uranium property has historical drill holes that intersected uranium mineralization, with notable grades reported [18]. - The project is considered highly prospective for discovering shallow, high-grade basement-hosted uranium mineralization, similar to other significant deposits in the region [8].
Fancamp Awarded ECOLOGO Certification for Responsible Mineral Exploration from UL Solutions
Globenewswire· 2026-01-13 12:45
Core Insights - Fancamp Exploration Ltd. has achieved ECOLOGO Certification for responsible development in the mineral exploration industry, confirming its commitment to best practices [1][2][3] Group 1: ECOLOGO Certification - The UL ECOLOGO Certification is the first comprehensive certification for Canadian mineral exploration companies, featuring third-party validation of environmental, social, and commercial practices [2] - The certification process includes a rigorous audit evaluating environmental impact, personnel safety, community well-being, ethical business practices, legal compliance, and financial resource efficiency [2] - The certification enhances stakeholder confidence in Fancamp's commitment to responsible exploration, promoting both environmental and social stewardship alongside strong exploration performance [2] Group 2: Corporate Developments - Fancamp has undergone a transformative year in 2025, announcing the spin-out of its core exploration assets into a new entity, Goldera Exploration Ltd., aimed at surfacing hidden value [4] - The company signed an option to acquire up to 80% of the Egan gold property in Ontario's Abitibi belt, which is noted for its high-grade and bulk-tonnage potential [4] - Fancamp's stock increased by 100% during 2025, reflecting market support for its strategic initiatives and future prospects [4] Group 3: Leadership and Strategy - Rajesh Sharma, President and CEO, emphasized the importance of the ECOLOGO Certification as a testament to the company's commitment to responsible practices in mineral exploration [3] - The company appointed Jasper Bertisen to its Board as part of a planned corporate reorganization to separate financial assets from exploration ventures [4] - Fancamp launched a Normal-Course Issuer Bid to repurchase up to 5% of its shares, indicating confidence in its value and future growth [4] Group 4: Company Overview - Fancamp is focused on creating value through medium-term growth and monetization opportunities, with strategic interests in high-potential mineral projects and a royalty portfolio [6][7] - The company holds significant interests in various mineral claims across Ontario, Québec, and New Brunswick, including copper, gold, zinc, titanium, and rare-earth metals [7] - Fancamp is developing energy reduction and titanium waste recycling technology, showcasing its commitment to innovation in the mining sector [7]
SAGA Metals Mobilizes for Drilling at Radar Critical Minerals Project Targeting Completion of Maiden Mineral Resource Estimate
Globenewswire· 2026-01-13 12:30
Core Viewpoint - SAGA Metals Corp. has mobilized its exploration team and equipment for a major diamond drill program at the Radar Titanium-Vanadium-Iron Project in southeastern Labrador, aiming for a maiden Mineral Resource Estimate [1][4]. Exploration Program Details - Drilling is set to commence on January 16, 2026, focusing initially on the southern section of the Trapper Zone, known as "Trapper South," with plans for approximately 30 holes totaling 7,500 meters [2][4]. - The drilling strategy includes holes spaced 100 meters apart, drilled at a 45° dip, with an average depth of around 150 meters to enhance confidence in the mineral resource model [7][8]. Drilling Highlights - Initial assays from the 2025 drilling program showed significant results, including: - R-0008: 269.36 m @ 36.21% Fe₂O₃, 6.57% TiO₂, 0.244% V₂O₅ - R-0009: 296.47 m @ 39.75% Fe₂O₃, 7.46% TiO₂, 0.25% V₂O₅ - 46.2% of samples > 7% TiO₂ and 23.2% of samples > 10% TiO₂ [8]. - The drilling program has shown a step-change in metrics from Trapper North to Hawkeye, with Fe₂O₃ increasing by 124%, TiO₂ by 105.9%, and V₂O₅ by 36.9% [8]. Structural Insights - The drilling on Section S-11 has provided critical structural information, confirming multiple instances of reverse faults and enhancing understanding of the Trapper South anomaly's geometry [10][15]. - The analysis indicates that two anomalies (East and West) were initially connected but have been separated by geological processes [10]. Property Overview - The Radar Property spans 24,175 hectares and includes the Dykes River intrusive complex, with confirmed oxide layering over more than 20 km of strike length [17][21]. - The project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [21][29]. Corporate Update - The company has entered into a debt settlement agreement to settle $178,750 in outstanding debt through the issuance of 275,000 common shares at a deemed price of $0.65 per share, aimed at preserving cash for exploration activities [24][25].
TDG Extends Southern Limits of Aurora Complex Mineralization 1.25 g/t Au, 0.33% Cu over 128.7 metres
Globenewswire· 2026-01-13 12:00
Core Insights - TDG Gold Corp. has reported additional Phase I drilling results from the Aurora West Zone within its Greater Shasta-Newberry project, with 20 drill holes completed totaling approximately 13,650 meters, of which 10 have been publicly disclosed [1][4][10] Drilling Results - Drill hole TDG25-013 intersected 1.25 g/t Au, 2.2 g/t Ag, and 0.33% Cu over 128.7 meters, extending mineralization 100 meters south of previously reported hole TDG25-010 [4][5][10] - Visual mineralization identified in drill hole TDG25-020, located approximately 500 meters north-northwest of the defined Aurora West mineralization, shows similar rock types and alteration assemblages [6][7][10] Future Drilling Plans - The 2026 winter drilling program will focus on completing paused drill holes and will be results-driven, targeting potential extensions of the Aurora West Zone and exploring the larger Aurora Complex [8][10] Quality Assurance - The drilling program follows strict quality assurance and quality control protocols, including the use of certified reference materials and duplicates to ensure data integrity [13][14]