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Phenom Discovers Rare Earth and Critical Metals Deposit at Crescent Valley, Nevada
TMX Newsfile· 2026-01-12 13:46
Core Insights - Phenom Resources Corp. has discovered a significant Rare Earth Element (REE) and Critical Metals deposit on its Crescent Valley Property in Nevada, which is vital for the U.S. economy and national security [1][2][5] Group 1: Deposit Characteristics - The new deposit is classified as an Iron Oxide Copper Gold (IOCG) deposit-type, featuring a breccia body with notable REE and Critical Metals content [2] - Drill holes CVN24-02 and CVN25-04, along with a continuous surface chip sample, have shown elevated values of key metals over an area of 100 metres wide by 150 metres long [2][3] - The deposit is presumed to have dimensions of approximately 600 metres wide, at least 200 metres thick, and at least 1 kilometre long based on geophysical programs [3] Group 2: Metal Composition and Value - Principal metals of value include Rubidium, Hafnium, Scandium, and Neodymium, with lesser amounts of Dysprosium, Praseodymium, Cerium, Europium, Niobium, Strontium, Terbium, and Yttrium [1][6] - The cumulative in situ value of the multi-element intercepts ranges from US$277 to US$404 per tonne of rock, with Rubidium contributing 65%, Hafnium 18%, Scandium 14%, and Neodymium 1% to the total value [5][6] Group 3: Future Exploration Plans - The company plans to expand its IP survey to fully determine the length of the chargeability anomaly and REE deposit, with additional drilling scheduled to resume before the end of January [3][10] - The property has been expanded from 38 claims to 172 claims in response to the discovery, indicating a strong commitment to further exploration [4]
Latin Metals Positions for a Catalyst-Driven 2026 with Gold and Copper Exposure
Globenewswire· 2026-01-12 13:30
Core Viewpoint - Latin Metals Inc. is transitioning from project advancement to execution, entering 2026 with multiple drill-ready assets in its gold and copper portfolio, supported by a strengthened balance sheet and no immediate need for equity financing [1][2]. Project Advancements - The company has several drill-ready projects and active partner-funded exploration programs as it enters 2026, focusing on generating new partnership opportunities [2]. - An option agreement was signed with Daura Gold for the Cerro Bayo and La Flora projects in Argentina, involving up to US$1.7 million in payments and 28,000 meters of drilling for an initial 75% interest [3]. - Extensive induced polarization surveys at Cerro Bayo are underway, with drilling expected to begin in Q1 2026 [4]. Partnerships - Moxico has rebranded its Esperanza and Huachi projects as the Zaha project, with geological work expanding the known mineralization footprint [5][6]. - Moxico is conducting environmental and social studies to support drilling permit applications, with 15,000 meters of drilling planned for 2026, subject to permit approval [7][8]. Exploration Projects - The Organullo gold project in Argentina is fully permitted and drill-ready, with multiple high-priority drill targets identified [9][10]. - The Lacsha copper project in Peru is also fully drill-permitted, with additional geochemical sampling completed in 2025 [11]. - The company controls approximately 500,000 hectares of exploration territory in northwest Argentina, with plans for initial regional surface geochemical surveys in 2026 [13][14]. Financial Outlook - Latin Metals has a strengthened balance sheet, having completed a $1.33 million private placement and received approximately C$1.79 million from stock options and warrants in 2025, with no anticipated need for near-term equity financing [16]. Spin-Out Plans - The company is advancing the proposed spin-out of its Para and Auquis copper projects into Latin Explore Inc., with a special shareholder meeting scheduled for January 14, 2026 [17][18]. Upcoming Events - Latin Metals will participate in several industry conferences in Q1 2026 to connect with investors and potential partners, showcasing its exploration progress and partnership opportunities [19][21].
Copper Quest and i2i Enter Into Corporate Marketing and Investor Awareness Agreement
Globenewswire· 2026-01-12 13:00
Core Insights - Copper Quest Exploration Inc. has entered into a six-month agreement with i2i Marketing Group to enhance its corporate marketing and investor awareness services for a total cash consideration of $300,000 [1][3][2] Company Overview - Copper Quest holds interests in seven projects covering over 45,000 hectares in Canada and the USA, including the past-producing Alpine Gold Mine, which has a historical inferred resource of 268,000 tonnes of gold [4][5] - The company has a 100% interest in the Stars Porphyry Copper-Molybdenum Property, which spans 9,693 hectares and has notable drill intersection highlights of 0.466% Cu over 195.07m [6] - The Kitimat Copper-Gold Property, covering 2,954 hectares, is strategically located near infrastructure and has historical drill results showing significant gold and copper intersections [7] - The Stellar Property, adjacent to the Stars Property, spans 5,389 hectares and has potential for significant copper and precious metal deposits [8] - The Thane Project in Northern British Columbia covers over 20,658 hectares and has identified 10 priority targets for mineralization [9] - The company also has an earn-in option for the Rip Porphyry Copper-Molybdenum Project, which spans 4,700 hectares and has confirmed mineralization starting at surface [10] - The Nekash Copper-Gold Project in Idaho consists of 70 unpatented federal lode claims covering 585 hectares and is accessible via maintained roads [11] Strategic Goals - Copper Quest aims to build shareholder value through acquisitions, exploration, and responsible development of its critical mineral portfolio [12]
Integral Metals Provides 2025 Year-in-Review and Outlines 2026 Exploration Plans
Globenewswire· 2026-01-12 13:00
Core Insights - Integral Metals Corp. provided a year-in-review summary of exploration activities in 2025 and outlined technical priorities for 2026, focusing on the KAP Project in the Northwest Territories and its broader portfolio of rare earth element exploration assets [1][2] Group 1: KAP Project - In 2025, exploration activities were directed towards advancing the geological understanding of the KAP Project, which contains zinc, gallium, and germanium mineralization associated with MVT and/or CRD systems [3] - The 2025 program emphasized geological interpretation, integration of drilling results, and refinement of the geological model to improve confidence in mineralization distribution [3] - For 2026, the company plans a technically focused program aimed at de-risking the KAP Project, including mineralogical and metallurgical studies, re-assaying historical drill core, and further soil sampling [4] Group 2: Burntwood Project - The Burntwood Project underwent technical review in 2025, following geochemical and geophysical surveys in 2024 that identified areas of interest for further evaluation [5] - The company is considering a small-scale drill program in 2026 to test anomalies identified in previous surveys [5] Group 3: Woods Creek Project - The company continued to review historical data from the Woods Creek Project in Montana, assessing next steps for exploration [6] - Potential work in 2026 includes expanded geological mapping and UAV-based magnetic surveys to identify prospective structures [6] Group 4: Company Overview - Integral Metals Corp. is engaged in mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, aiming to contribute to a domestic supply chain [10]
Silver Grail Announces Assay Results that Confirm Porphyry-Style Copper Mineralization at Eastern Magnetic Anomaly, Ram Property, Golden Triangle, BC
Thenewswire· 2026-01-12 12:30
Core Insights - Silver Grail Resources Ltd. has reported assay results from its 2025 diamond drill program on the Ram Property, confirming the presence of a significant mineralized system associated with two magnetic anomalies [1][2] Drill Program Overview - The drill program consisted of 1,978 meters of NQ-diameter core drilling across seven drill holes, targeting two unexplained magnetic anomalies located approximately 625 meters apart [1] - The Ram Property is situated about 7 kilometers southwest of the Red Mountain gold-silver deposit in British Columbia's Golden Triangle [1] Assay Results - Assay results revealed elevated values of gold, copper, and molybdenum, with gold grades ranging from nil to 3.64 grams per tonne, copper from nil to 3,294 parts per million, and molybdenum from nil to 489 parts per million [2][3] - The Eastern Magnetic Anomaly is confirmed to be associated with a copper-molybdenum-gold porphyry system, characterized by broad zones of continuous copper mineralization [2][3] Notable Drill Highlights - Significant intersections include: - 91.00 meters grading 303 ppm Cu from RAM25-002 [3] - 152.00 meters grading 292 ppm Cu from RAM25-002 [3] - 34.00 meters grading 424 ppm Cu from RAM25-001 [9] - 1.00 meter grading 3.64 g/t Au from RAM25-004 [10] - The Western Magnetic Anomaly showed localized higher-grade vein intersections, indicating a potentially related broader mineralizing system [2][3] Geological Interpretation - The Eastern Magnetic Anomaly is characterized by long, continuous intervals of copper mineralization within an altered magnetite-bearing multiphase intrusive complex [3][5] - Elevated molybdenum values, locally exceeding 100 ppm, support the interpretation of a fertile porphyry environment [6][7] Future Exploration Plans - The company will continue to evaluate the results from the 2025 program to guide future exploration and drill targeting at the Ram Property [11]
Royal Road Secures Title Grant and Advances Drilling Under Option Agreement, GAM Project, Colombia
TMX Newsfile· 2026-01-12 12:30
Core Viewpoint - Royal Road Minerals Limited has successfully converted its mining concession application into a granted Mining Concession Contract for the Chuscalita Title, marking a significant milestone for the company [1][7]. Group 1: Mining Concession Details - The Chuscalita Title has an initial term of 30 years, in accordance with Colombian mining law [1]. - Royal Road has made a USD$150,000 payment to the titleholders, fulfilling a condition under the previously disclosed Option Agreement [1][2]. - The company had previously made a USD$100,000 option payment as part of the Option Agreement [2]. Group 2: Option Agreement and Financial Terms - Royal Road can acquire an 80% interest in the Chuscalita Title by making a one-time cash payment of USD$1,125,000 [3]. - The remaining 20% interest held by titleholders will be free-carried until a successful feasibility study is completed, after which it will convert to a 2% net smelter returns royalty on metals extracted [3]. Group 3: Exploration Potential - The Chuscalita Title is strategically located adjacent to Royal Road's existing Güíntar landholding and is believed to extend the mineralized trends from the Güíntar Project [4]. - The company is integrating the Chuscalita Title into its district-scale geological model and advancing drilling as part of its ongoing exploration program [6]. Group 4: Company Overview - Royal Road Minerals Limited is a mineral exploration and development company with operations in Colombia, Saudi Arabia, and Morocco [8][9]. - The company aims to discover and develop large-scale copper and gold deposits while minimizing environmental impact [9].
Teuton Announces Assay Results that Confirm Porphyry-Style Copper Mineralization at Eastern Magnetic Anomaly, Ram Property, Golden Triangle, BC
Thenewswire· 2026-01-12 12:30
Core Insights - Teuton Resources Corp. has reported assay results from its 2025 diamond drill program on the Ram Property, confirming the presence of a significant mineralized system associated with two magnetic anomalies [1][2]. Drill Program Overview - The 2025 drill program involved 1,978 meters of NQ-diameter core drilling across seven drill holes, targeting two unexplained magnetic anomalies located approximately 625 meters apart [1]. - The Ram Property is jointly owned with Silver Grail Resources Ltd. [1]. Assay Results - Assay results indicated elevated values of gold, copper, and molybdenum, with gold grades ranging from nil to 3.64 grams per tonne, copper from nil to 3,294 parts per million, and molybdenum from nil to 489 parts per million [2][3]. - The Eastern Magnetic Anomaly is confirmed to be associated with a porphyry-style copper-gold-molybdenum system, characterized by broad zones of continuous copper mineralization [2][3]. Notable Drill Highlights - Significant intersections include: - 91.00 meters grading 303 ppm Cu from RAM25-002 [3]. - 152.00 meters grading 292 ppm Cu from RAM25-002 [3]. - 34.00 meters grading 424 ppm Cu from RAM25-001 [4]. - 1.00 meter grading 3.64 g/t Au from RAM25-004 [4][10]. - The Western Magnetic Anomaly revealed localized higher-grade vein intersections, indicating a potentially related broader mineralizing system [2][3]. Technical Interpretation - The Eastern Magnetic Anomaly is linked to a large, altered, magnetite-bearing multiphase intrusive complex hosting porphyry-style mineralization [5][6]. - The Western Magnetic Anomaly is associated with magnetic pyrrhotite-rich mineralization and localized Au ± Cu ± Mo veins [7][8]. Future Exploration Plans - The company will continue to evaluate the results from the 2025 program to guide future exploration and drill targeting at the Ram Property [11]. Company Background - Teuton Resources Corp. holds interests in over twenty properties in the Golden Triangle area of northwest British Columbia and has adopted the "prospect generator" model [16].
C3 Metals Restarts Full Exploration Activities in Jamaica Following Community Assistance Programs After Hurricane Melissa
TMX Newsfile· 2026-01-12 12:00
Core Viewpoint - C3 Metals Inc. has successfully restored project infrastructure following Hurricane Melissa and has resumed full exploration activities at its Super Block and Bellas Gate projects in Jamaica [1][8]. Group 1: Project Updates - At the Super Block project, the phase one scout drilling program, consisting of 14 holes and 2,500 meters, is approximately 50% complete, with seven holes finished [2]. - The Bellas Gate project, fully owned by the company, has resumed exploration drilling with a man-portable drill rig, and a 3DIP geophysical survey covering 70 square kilometers has also restarted, with 46 square kilometers completed to date [3]. Group 2: Community Assistance Programs - Concurrently with restoring project infrastructure, the company initiated a community assistance program to support approximately 500 families across three communities affected by Hurricane Melissa [4][6]. - The assistance program included the delivery of food, water, and basic necessities, as well as road repairs and the provision of roofing and housing materials to rebuild homes and community buildings [7][8]. Group 3: Company Overview - C3 Metals Inc. is focused on mineral exploration, particularly in copper and gold deposits, holding approximately 31,000 hectares in the Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru [9]. - The company has identified over 15 skarn prospects and a porphyry system at its Jasperoide project, with a maiden resource estimate of 52 million tons at 0.5% copper and 0.2 g/t gold [9]. - In Jamaica, the company has identified 16 porphyry and 40 epithermal copper prospects over a 30-kilometer strike extent, holding a 100% interest in 17,855 hectares of exploration licenses [9].
Golden Arrow Confirms Near-Surface Gold Zone with Trench Results including 76.7m @ 1.01 g/t Au at Noemi Gold Target, San Pietro Project, Chile
Prnewswire· 2026-01-12 12:00
Gold Exploration Program Details The Noemi target area covers roughly a 2 kilometre by 3 kilometre area located approximately 7 kilometres south of the Rincones copper-gold-iron-cobalt resource area. The main geological units mapped in the Noemi area are fine grained andesites, tuffs and volcaniclastic rocks intruded by a micro-diorite with some areas of substantial gravel cover, with many areas of similarity to Rincones and prospectivity for similar mineralization. The system remains open for expansion. Tr ...
Sable Announces Director Change
Globenewswire· 2026-01-12 12:00
Core Viewpoint - Sable Resources Ltd. announces the appointment of Guy Desharnais to the board of OR Royalties, replacing Barry Quiroz, which is expected to enhance the company's exploration efforts and project evaluations [1][2]. Group 1: Board Changes - Guy Desharnais, with a PhD in geochemistry and extensive experience in geology and project evaluation, has been appointed to the Sable board [1][2]. - Desharnais has a background as an exploration geologist with Xstrata Nickel and has held significant roles in project management and evaluation [1][2]. Group 2: Company Strategy and Focus - Sable Resources is a junior explorer focused on discovering Tier-One precious metal and copper projects through systematic exploration in established mining jurisdictions [3]. - The company is actively exploring a large portfolio of projects, including the San Juan Regional Program in Argentina and several properties in British Columbia [3].