Core Viewpoint - Azimut Exploration Inc. has entered into a binding purchase and sale agreement to acquire the K2 Property from Dios Exploration Inc., enhancing its strategic position in the Eeyou Istchee James Bay region of Quebec, Canada [1][2]. Acquisition Details - Azimut will acquire 100% interest in 103 claims covering 54.3 km for a cash payment of C$120,000 and the issuance of 200,000 common shares [2]. - Dios will retain a 2.0% NSR royalty on the K2 claims, with an option to buy down 1.0% NSR for C$3,000,000 [2]. - The agreement is subject to approval by the TSX Venture [2]. Strategic Positioning - The acquisition consolidates Azimut's position along the Lower Eastmain Archean greenstone belt, where an initial gold resource has been defined on the Patwon Zone [3]. - The K2 block includes 25 gold and copper-gold-silver prospects and extends the Elmer Property by an additional 7 km of strike length [3]. - A scoping study is underway to reassess growth opportunities at Elmer, with several drill-ready targets identified nearby [3]. Elmer Property Overview - The Elmer Property now comprises 658 claims (346.6 km) over a 42.8-kilometre strike length, including the newly acquired K2 claims and 32 additional claims [4]. - The property is located 285 km north of Matagami, 60 km east of Eastmain, and 5 km west of the Billy-Diamond Highway, benefiting from excellent infrastructure [4]. Company Profile - Azimut is a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [6]. - The Elmer Gold Project is at the resource stage with 311,200 oz Indicated and 513,900 oz Inferred at a gold price of US$1,800 per ounce [7]. - Significant exploration activities are planned for 2025 on other projects, including Wabamisk and Kukamas [7].

Core Viewpoint - Nine Mile Metals Ltd. is initiating a private placement to raise up to $400,000 through both Flow-through (FT) and Non-flow-through (NFT) units to fund exploration activities and operational expenses [1][4][6]. Group 1: Private Placement Details - The FT private placement will involve the sale of up to 12,500,000 units at a price of $0.02 per unit, aiming for gross proceeds of up to $250,000 [2]. - Each FT unit consists of one common share and one warrant, allowing the purchase of one common share at $0.05 for 36 months [2]. - The NFT private placement will consist of up to 10,000,000 units at $0.015 each, targeting gross proceeds of up to $150,000 [5]. - Each NFT unit includes one common share and one-half warrant, with each full warrant allowing the purchase of one common share at $0.05 for 36 months [5]. Group 2: Use of Proceeds - Proceeds from the FT private placement will be allocated for drilling at the Wedge Project and the California Lake East VMS Trend, specifically Target 6, along with other exploration-related expenditures [4]. - Proceeds from the NFT private placement will be used for operating expenses and general working capital [6]. Group 3: Finder's Fees - Finders for the FT private placement may receive an 8% cash commission and 8% in common share purchase warrants, exercisable at $0.05 for 36 months [3]. - Finders for the NFT private placement may also receive an 8% cash commission and 8% in common share purchase warrants, but these warrants will be exercisable for 24 months [6]. Group 4: Company Overview - Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag, and Au) exploration in the Bathurst Mining Camp, New Brunswick [7]. - The company aims to explore its four VMS projects, positioning itself for growth in critical minerals required for EV and green technologies [7].

ROUYN-NORANDA, Quebec, July 02, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf, Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to update shareholders on progress by Antimony Resources Corp. (ATMY-CSE, K8J0-FSE) on the Bald Hill Antimony Project located in New Brunswick under option from Globex. Antimony Resources, in a ...

VANCOUVER, British Columbia , July 02, 2025 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. (CSE: GOH) (“GoldHaven” or the “Company”) is pleased to announce that Mr. Steve Vanry, CFA, has been appointed as Chief Financial Officer of the Company. Mr. Vanry has 25 years of professional experience in senior management positions with public and private companies, providing expertise in capital markets, strategic planning, corporate finance, mergers and acquisitions, regulatory compliance, accounting and financial ...

Vancouver, British Columbia--(Newsfile Corp. - July 2, 2025) - Pacific Bay Minerals Ltd. (TSXV: PBM) ("PacBay" or the "Company") is pleased to announce a non-brokered private placement of up to 20,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 (the "Offering").Each Unit will consist of one common share and one common share purchase warrant (a "Warrant"). Each Warrant will be exercisable to acquire one additional common share at a price of $0.15 per share for ...

The Campbell Crotser Fluorspar Project covers approximately 250 acres in Livingston County, Kentucky, within the heart of the historic Illinois–Kentucky Fluorspar District, a region long recognized as North America's most prolific fluorspar producing belt. This mineral belt spans approximately 540 square miles across western Kentucky and southern Illinois1. Commercial mining began in the 1870s, and the region went on to produce approximately 3.5 million tons of fluorspar, along with byproducts zinc, lead, a ...

Vancouver, British Columbia--(Newsfile Corp. - July 2, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or "South Pacific Metals" or the "Company") is pleased to announce the appointment of Mr. Timo Jauristo as Chief Executive Officer of the Company, effective June 30, 2025. Mr. Jauristo brings more than four decades of leadership experience with an accomplished career covering global exploration, corporate development, and corporate strategy in the mining sector to South ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) -- Sable Resources Ltd. (“Sable” or the “Company”) (TSXV:SAE | OTCQB:SBLRF) is pleased to announce that Moxico Resources plc (“Moxico”) has agreed to acquire a 9.9% ownership stake in the Company through the purchase of 31,800,000 common shares (“Shares”) at C$0.055 per Share for a total subscription of C$1,749,000 (the “Private Placement”), subject to ...

Core Insights - The Fluor Corporation will deliver a full Preliminary Economic Assessment (PEA) of Ramaco Resources' Brook Mine by July 8, 2025, indicating a significant advancement in the project [1][2] - The Brook Mine is believed to contain the largest unconventional deposit of rare earth elements and critical minerals sourced from coal, which is commercially and technologically feasible [2][4] Economic Viability - The updated PEA confirms the viability of the Brook Mine project, validating Ramaco's development strategy and providing momentum for future phases [4] - The PEA outlines a net present value (NPV) of $1.197 billion at an 8% discount rate and $898 million at a 10% discount rate, with an internal rate of return (IRR) of 38% and an initial capital cost estimate of $473 million [8][15] Production and Revenue Projections - The project anticipates an adjusted EBITDA of $134 million by 2028, reaching $143 million by 2029, with annual revenue projected at $378 million [8][15] - The Brook Mine is expected to produce 1,242 short tons of rare earth oxides annually, including 456 tons of various critical minerals [11][12] Cost Structure - The total initial capital cost is estimated at $579 million, including a 22% contingency [9] - Annual steady-state costs are projected at $235 million, with mining costs at $27 million and processing costs at $195 million [12][15] Unique Geological Profile - The Brook Mine's geological profile allows for a more efficient extraction process with lower capital intensity compared to traditional hard rock mining, significantly reducing operational complexity and costs [5][6] Strategic Importance - The Brook Mine will be one of only two domestic sources of rare earth elements and the only source of heavy rare earth elements and critical minerals vital for the U.S. defense industry [18][19] - The mine is projected to support 3-5% of total U.S. permanent magnet demand and over 30% of the demand for U.S. defense applications [18] Development Timeline - Initial mining activities have commenced to procure ore for pilot-scale testing, with a pilot plant expected to be operational by mid-2026 [16]

Core Viewpoint - American Tungsten Corp. is proceeding with a non-brokered private placement to raise up to $2,500,000 through the sale of 5,000,000 common shares at $0.50 per share, aimed at accelerating the development of the IMA Tungsten Project and enhancing its position in the North American tungsten supply chain [1][2]. Group 1: Offering Details - The private placement will involve the issuance of up to 5,000,000 common shares at a price of $0.50 per share, generating gross proceeds of up to $2,500,000 [1]. - The company will pay finders' fees of up to 7.0% of the gross proceeds and issue non-transferable finders' warrants equal to 7.0% of the shares sold, allowing the holder to acquire shares at $0.50 for up to 24 months [3]. - The closing of the offering is contingent upon receiving necessary corporate and regulatory approvals, and there is no minimum subscription amount required [5]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to fund exploration work programs, option payments, mineral property acquisitions, marketing, and general working capital [4]. Group 3: Company Overview - American Tungsten Corp. is focused on tungsten and magnetite exploration in North America, particularly advancing the IMA Mine Project in Idaho, which has a historical production background [7]. - The company holds an option to acquire full ownership of the IMA Mine Project, subject to a 2% royalty, and has expanded its land position with 113 additional federal claims covering nearly 2,000 acres [7].