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Canamera Reports Multiple Over-Limit Ree Results from Iron Hills Project
TMX Newsfile· 2026-01-12 11:00
Core Viewpoint - Canamera Energy Metals Corp. has reported promising initial assay results from rock chip sampling at its Iron Hills Project in Colorado, indicating significant concentrations of rare earth elements (REEs) exceeding 1,000 parts per million (ppm) [1][3]. Group 1: Sampling and Results - The company collected 48 rock chip samples during its staking program, with assay results showing potential for strong rare earth enrichment across the project [2][9]. - Notable over-limit results were found for neodymium, yttrium, and cerium, with heavy rare earth oxide (HREO) results ranging from 175 ppm to 2,386 ppm [2][9]. - Twelve samples returned over-limit results for total rare earth oxides (TREO), with specific samples exceeding 1,000 ppm for neodymium and yttrium [9]. Group 2: Project Significance - The results are particularly significant due to the project's location in the United States, where REEs are classified as critical minerals essential for clean energy and advanced manufacturing [3][7]. - The Powderhorn district, where the Iron Hills Project is located, is recognized by the United States Geological Survey as hosting a large thorium rare earth element system [7]. Group 3: Next Steps and Future Plans - The company plans to conduct follow-up analyses on the over-limit samples to accurately measure higher rare earth concentrations and assess the potential for REE mineralization [11]. - Additional sampling and analytical programs are planned, including assays for precious metals like gold, which are geologically associated with rare earth mineralization in the Iron Hill district [11]. Group 4: Quality Assurance - The company implemented a quality assurance and quality control (QA/QC) program, including the use of certified reference standards and field duplicates to ensure the reliability of the sampling results [12][13].
Germanium Mining Corp. Begins Remote Sensing Work on its Lac Du Km 35 Property In Chibougamau Area, Quebec
Thenewswire· 2026-01-12 08:05
Core Viewpoint - Germanium Mining Corp. has initiated remote sensing work on its Lac Du Km 35 Property in Quebec, aiming to explore potential germanium mineralization [1][5]. Group 1: Property Overview - The Lac Du Km 35 Property features the Faribault Shear Zone (FSZ), a significant structural element that may connect with other permeable zones at depth, serving as a conduit for hydrothermal fluids [2]. - The Laganière germanium showing, discovered in 1998, returned a historical value of 0.02% (186 ppm) germanium, but these results are not currently verified as mineral resources [3][10]. - The Laganière showing is strategically located near electromagnetic anomalies and the FSZ, which will be the primary focus of exploration efforts [4]. Group 2: Remote Sensing Work - The remote sensing study is expected to be completed by the end of February 2026, focusing on identifying potential faults and shear zones related to germanium mineralization [5]. - The study will utilize satellite imagery from the European Space Agency (ESA) with a resolution of 30 cm, acquired in September 2023, to identify relevant structural features [6]. - The interpreted structural features will be integrated into a GIS system, generating maps at a scale of 1:5,000 for targeted field follow-up in the summer of 2026 [7]. Group 3: Industry Context - Germanium is recognized for its growing applications in electronics, solar technology, fiber optics, and military uses, and is classified as a critical metal in Canada, the U.S., and the EU [8]. - Following a ban on germanium exports to the U.S. by China, the largest producer, recent spot prices for germanium have exceeded US$5,000 per kilogram [9].
Apex Secures Drill Contractor and Sets Planned Mobilization for Drilling at Rift
Accessnewswire· 2026-01-12 08:01
Core Viewpoint - Apex Critical Metals Corp. has secured Boart Longyear as the drilling contractor for its Rift Rare Earth Project, indicating a significant step in the development of critical and strategic metals in the U.S. [1] Company Summary - Apex Critical Metals Corp. is a Canadian mineral exploration company focused on identifying and developing critical and strategic metals [1]. - The company's flagship project, the Rift Rare Earth Project, is located within the Elk Creek Carbonatite Complex in southeastern Nebraska, U.S.A. [1]. Industry Summary - Boart Longyear is a globally recognized drilling services provider with extensive experience in mineral exploration [1]. - The contractor has recently completed drilling at NioCorp's adjacent Elk Creek Critical Minerals Project, showcasing its capability and expertise in the field [1].
Oroco Files Prospectus Supplement in Connection with Bought Deal Public Offering
TMX Newsfile· 2026-01-10 06:08
Core Points - Oroco Resource Corp. has announced a "bought deal" public offering, filing a prospectus supplement to qualify the distribution of 52,631,600 units at a price of C$0.38 per unit, aiming for gross proceeds of approximately C$20.0 million [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at C$0.53 for 36 months [2] - The offering is led by Canaccord Genuity Corp. and includes an option for underwriters to purchase an additional 7,894,740 units within 30 days of closing [3] - The expected closing date for the offering is around January 14, 2026, pending regulatory approval [4] Company Overview - Oroco holds an 87.0% interest in the Core Concessions of The Santo Tomas Project, covering 1,173 hectares, and an 80% interest in an additional 7,861 hectares of surrounding mineral concessions, totaling 9,034 hectares [7] - The Santo Tomas Project is located in northwestern Mexico and is known for significant copper porphyry mineralization, with prior exploration conducted from 1968 to 1994 [7] - Since 2021, Oroco has conducted a drill program at Santo Tomas, totaling 48,481 meters drilled in 76 diamond drill holes [8] - The project is strategically located within 170 km of the Pacific deep-water port at Topolobampo, with access via highway and rail [9][10]
Germanium Mining Corp. Begins Remote Sensing Work On Its Lac Du Km 35 Property In Chibougamau Area, Quebec
Thenewswire· 2026-01-09 23:30
Core Viewpoint - Germanium Mining Corp. has initiated remote sensing work on its Lac Du Km 35 Property in Quebec, aiming to explore potential germanium mineralization [1][5]. Group 1: Property Overview - The Lac Du Km 35 Property features the Faribault Shear Zone (FSZ), a significant structural element that may connect with other permeable zones at depth, facilitating hydrothermal fluid movement [2]. - The Laganière germanium showing, discovered in 1998, returned a historical value of 0.02% (186 ppm) germanium, but these results are not currently verified as mineral resources [3][9]. - The Laganière showing is strategically located near electromagnetic anomalies and the FSZ, which will be the primary focus of exploration efforts [4]. Group 2: Remote Sensing Work - The remote sensing study is expected to conclude by the end of February 2026, focusing on identifying potential faults and shear zones related to germanium mineralization [5]. - The study will utilize satellite imagery from the European Space Agency (ESA) with a resolution of 30 cm, acquired in September 2023, to identify relevant structural features [6]. - The data will be processed into a GIS system, generating maps at a scale of 1:5,000 to guide future field sampling programs planned for summer 2026 [7]. Group 3: Industry Context - Germanium is recognized for its growing applications in electronics, solar energy, fiber optics, and military uses, and is classified as a critical metal in Canada, the U.S., and the EU [8]. - Following China's export ban on germanium to the U.S. since December 2024, the market has seen spot prices exceeding US$5,000 per kilogram [9].
Collective Metals Announces Amended Terms for Private Placement
Globenewswire· 2026-01-09 22:00
Core Viewpoint - Collective Metals Inc. has amended the terms of its non-brokered private placement financing, now aiming for gross proceeds of up to $1,499,999.93, with changes primarily affecting the exercise price of the warrants [1][3]. Group 1: Private Placement Details - The company plans to complete a non-brokered private placement of up to 17,647,058 units at a purchase price of $0.085 per unit, with each unit consisting of one common share and one warrant [2]. - The warrants are exercisable into one additional share for a period of two years from the closing date at an exercise price of $0.10, which has now been increased to $0.105 [2][3]. - An accelerated expiry clause allows the company to shorten the expiry date of the warrants if the shares close at or above $0.20 for ten consecutive trading days [2]. Group 2: Regulatory and Compliance Information - The units will be offered to qualified investors under exemptions from the prospectus and registration requirements of applicable securities legislation, with a hold period of four months and one day on all securities issued [4]. - The company may pay finders' fees to eligible finders in connection with the private placement, subject to compliance with applicable securities laws and CSE policies [4]. Group 3: Company Overview - Collective Metals Inc. specializes in resource exploration, focusing on critical and precious metals in North America [6]. - The company's Rocas project spans 4,002 hectares and is located 75 kilometers southwest of the Key Lake Mine, hosting several uranium showings with historical mineralized outcrop grab samples grading up to 0.5 wt.% U3O8 [7].
Pan American Announces Extension to Marketing Program
Globenewswire· 2026-01-09 22:00
Core Insights - Pan American Energy Corp. is extending its engagement with Upswitch Media Corp. for an additional 60 days to provide marketing services [1] - The marketing services will include ad content creation, campaign management, translation services, and execution oversight through various online channels [2] - The total fee for Upswitch's services is CAD $300,000, with no securities issued as compensation [2] Company Overview - Pan American Energy Corp. is an exploration stage company focused on acquiring, exploring, and developing mineral properties containing battery and critical metals in North America [3] Recent Developments - The company has acquired a 75% interest in the Big Mack Lithium Project in Ontario, with an option to earn an additional 15% [4] - An option agreement has also been signed with Northern Critical Minerals Corp. to acquire up to a 100% interest in the Tharsis REE Project located in the Northwest Territories [4]
North Atlantic Titanium Announces Upsize Of Private Placement Financing
Thenewswire· 2026-01-09 21:05
Core Viewpoint - North Atlantic Titanium Corp. has announced an upsized non-brokered offering due to strong investor demand, aiming for gross proceeds of up to $1,250,000 to fund various initiatives related to its Everett titanium property in Quebec [1][3]. Group 1: Offering Details - The offering consists of up to $750,000 in units priced at $0.06 per unit, each unit comprising one common share and one warrant [1]. - Additionally, the offering includes up to $500,000 in flow-through units priced at $0.08 per unit, each flow-through unit also comprising one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for up to 24 months following the offering's closing [2]. Group 2: Use of Proceeds - Net proceeds from the sale of units will be allocated for the initial option payment for the Everett property, working capital, and general corporate purposes [3]. - Gross proceeds from the sale of flow-through units will be dedicated to surface exploration, metallurgical testing, and verification of historical exploration work at the Everett property [3]. - The entire gross proceeds from flow-through units will be used for Canadian Exploration Expenses, which must be incurred by December 31, 2026, and renounced by December 31, 2025 [4]. Group 3: Closing and Regulatory Approval - The final tranche of the offering is expected to close on January 16, 2026, subject to necessary regulatory approvals, including from the Canadian Securities Exchange [5].
Vanguard Mining Completes Drill Program With Assays Now Pending at Redonda Copper-Molybdenum Project, British Columbia
Thenewswire· 2026-01-09 21:05
Core Viewpoint - Vanguard Mining Corp. has successfully completed its Q4 drill program at the Redonda Copper-Molybdenum Project, reaching a total depth of 511 meters, and is now awaiting assay results to evaluate mineralization potential [1][9]. Exploration Program - The 2023 exploration program involved drilling five holes totaling 799.81 meters, with historical drilling by Teck Resources Ltd. in 1979 totaling 1,681 meters [4][5]. - The 2025 drill program was designed to test targets beyond historical drilling limits and improve geological understanding [9]. Drilling Details - The drilling was executed by Paradigm Drilling Ltd. using a Boyles T-75 hydraulic drill capable of exceeding 600 meters in depth [2]. - Significant intervals from the 2023 program include: - Hole Red-23-04: 72.0 meters at 0.235% Cu and 0.0228% Mo [5]. - Hole Red-23-03: 77.3 meters at 0.323% Cu and 0.0197% Mo [5]. - Hole Red-23-05: 142.6 meters at 0.279% Cu and 0.0281% Mo [10]. Historical Context - Historical drilling results from 1979 indicated copper-molybdenum mineralization, with notable grades such as 0.42% Cu over 24.1 meters [7]. - The geological setting of the Redonda Project shares characteristics with nearby porphyry systems, enhancing its exploration potential [16]. Community Engagement - The company prioritizes collaboration with the Klahoose First Nation, focusing on local labor and service providers, and adhering to cultural and environmental protocols [11]. Geological Insights - The project is located within the Coast Suture Zone, with geological features including dioritic intrusions and hornblende-rich dikes, which are associated with copper-molybdenum mineralization [16]. Future Plans - The company plans to use the results from the current drilling program, along with historical data, to guide future exploration efforts [9].
Precipitate Gold Closes $6.5 Million Non-Brokered Private Placement Led by Strategic Dominican Investors
Thenewswire· 2026-01-09 21:05
Core Viewpoint - Precipitate Gold Corp. has successfully closed a non-brokered private placement, raising a total of $6,484,500 through the issuance of 58,950,000 units priced at $0.11 each, which will support its exploration and project development activities in the Dominican Republic [1][4]. Group 1: Offering Details - The Offering consisted of 58,950,000 units priced at $0.11 each, resulting in total proceeds of $6,484,500 [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant exercisable at $0.17 per share for 18 months [3]. - The Offering was led by significant Dominican investors, including Guess Investments Ltd., a major institutional investor in the Dominican Republic [2]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated to ongoing exploration and project development across the Company's mineral property portfolio in the Dominican Republic, particularly at the Juan de Herrera project [4]. - The funds will also be used for general working capital purposes [4]. Group 3: Board Representation - Guess Investments Ltd. has the right to nominate an appointee to the Company's Board of Directors, with potential for additional nominations based on warrant exercises and shareholding thresholds [6]. - The representation of Dominican investors on the Board will not exceed 30% at any time [6]. Group 4: Company Overview - Precipitate Gold Corp. is focused on mineral exploration in the Dominican Republic, with key projects including the Juan de Herrera project, Pueblo Grande project, and Ponton project [7]. - The Company is also evaluating additional property acquisitions to enhance its portfolio and shareholder value [7].