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LAURION Intersects High-Grade Gold, Silver and Zinc at Ishkoday A-Zone/McLeod/CRK Zone, Confirming Structural Continuity Along Mineralized Corridor
Thenewswire· 2026-01-07 10:00
Core Insights - LAURION Mineral Exploration Inc. has reported positive assay results from the first two drill holes at the Ishkōday Project, indicating a structurally controlled gold-zinc system with significant mineralization [3][5][10] Drill Results - Drill hole LBX25-095 intersected multiple gold-and-zinc-bearing intervals, including 3.50 m grading 1.40 g/t Au and 2.30% Zn, with a higher-grade interval of 0.70 m grading 5.97 g/t Au and 10.8% Zn [8][12] - Drill hole LBX25-096, located 52 meters east of LBX25-095, also showed promising results with 3.85 m grading 1.92 g/t Au, including a higher-grade interval of 0.55 m grading 9.59 g/t Au [10][12] Geological Context - The mineralization at Ishkōday is interpreted to be controlled by the interaction of quartz-gold extensional veins and sulphide-rich shear veins, indicating a complex multi-phase mineralizing history [11][14] - The current drilling program aims to refine the understanding of the geometry, continuity, and structural controls of the mineralized system, consolidating historical and modern drilling data [14] Company Overview - LAURION is a mid-stage junior mineral exploration and development company focused on its flagship Ishkōday Project, which covers an area of 57 km² and is known for its gold-rich polymetallic mineralization [20][21] - The company emphasizes maximizing shareholder value through its exploration activities and is positioned as a potential acquisition target due to its advancements in the Ishkōday Project [22]
Prismo Metals Announces Assay & IP Survey Results at Silver King
Thenewswire· 2026-01-07 08:30
Core Insights - Prismo Metals Inc. has confirmed high-grade silver mineralization at the Crown porphyry target area within the Silver King Project, indicating significant exploration potential [1][3][4] Exploration Results - Final assay results show overlimit silver assays, with notable grades such as 177 g/t Ag and 46.44 g/t Ag in specific samples [3][4] - The assays support the identification of high-priority drill targets, particularly in conjunction with previously reported high gold assays [3][4] Geological Context - The Silver King Project is located in a mineral-rich region, with the Crown porphyry and adjacent Black Diamond replacement areas presenting exceptional drill targets [4] - The project is associated with significant geological features, including low resistivity anomalies and chargeability anomalies, which enhance the exploration thesis [8] Drilling Plans - The company plans to conduct a fully funded drill program of approximately 2,000 meters, focusing on the historic Silver King mine site and adjacent mineralization [14][15] - The Forest Service has approved the proposed drill plan, indicating regulatory compliance and support for mining activities [15][16] Quality Assurance - Samples were analyzed by SGS, a recognized analytical lab, ensuring the reliability of assay results through the inclusion of control samples [17]
Germanium Mining Corp. Joins National Defense Industrial Association (NDIA)
Thenewswire· 2026-01-07 08:05
Core Viewpoint - Germanium Mining Corp. has been accepted as a new member of the National Defense Industrial Association (NDIA), which supports collaboration to enhance U.S. national security and the defense industrial base [1][3]. Company Developments - The CEO of Germanium Mining Corp., Mario Pezzente, stated that the membership reflects the company's commitment to aligning its critical minerals strategy with national security priorities and supply chain resilience [3]. - The company plans to engage with NDIA's membership to participate in discussions that support secure access to strategic materials [3]. - An exploration team has been dispatched to the historical Azure Ridge mine in Nevada, with an update on exploration activities expected soon [3]. Exploration Activities - The Azure Ridge Historical Mine, previously known as the Bonelli Mine, has not been active since its last reported production in 1918 [4]. - The mine features five adits totaling approximately 377 feet, one shallow shaft about 11 feet deep, and various surface pits [4]. - A 1994 study identified anomalous values of germanium, gallium, gold, silver, copper, lead, zinc, and cobalt in the Azure Ridge deposit [5]. Geological Insights - The mineralization at Azure Ridge is characterized as fault-controlled, carbonate-hosted, and interpreted as Kipushi-type mineralization [5]. - Mineralized rock has been observed over an area approximately 5,000 feet long, with structures reaching thicknesses of up to 9 feet [7]. Future Plans - The company is conducting a reconnaissance and maiden exploration program led by veteran geologist William Feyerabend, focusing on geological questions related to germanium-gallium-bearing systems [7]. - There are plans to prepare a NI 43-101 technical report on the Azure Ridge mine, reviewing historical information and evaluating its relevance within the North American critical minerals supply chain [8]. - The company is also evaluating submissions to U.S. federal and state authorities for potential support programs related to critical minerals development [9].
Teako Announces Private Placement and Shares for Debt Transaction
TMX Newsfile· 2026-01-07 00:14
Core Viewpoint - Teako Minerals Corp. is conducting a non-brokered private placement to issue up to 16,666,666 common shares at a price of $0.06 per share, aiming for gross proceeds of up to $1,000,000, alongside a debt settlement of $113,000 through the issuance of 1,883,333 shares [1][2]. Group 1: Offering and Debt Settlement - The Offering will involve the issuance of common shares at a price of $0.06, with the total gross proceeds expected to reach $1,000,000 [1]. - The Debt Settlement will settle $113,000 of indebtedness by issuing 1,883,333 common shares at the same price of $0.06 per share [1][2]. - The Company plans to close the Offering and Debt Settlement promptly, subject to customary conditions including approval from the Canadian Securities Exchange (CSE) [3]. Group 2: Use of Proceeds - The net proceeds from the Offering are intended for exploration activities and general working capital, supporting the Company's goal of pursuing additional project deals and potential revenue-generating work [4]. Group 3: Insider Participation and Related Transactions - An insider of the Company is expected to receive Settlement Shares as part of the Debt Settlement, which may be classified as a "related party transaction" under Multilateral Instrument 61-101 [7]. - The Company will rely on exemptions from formal valuation and minority shareholder approval requirements due to the fair market value of the transaction being less than 25% of its market capitalization [7]. Group 4: Company Overview - Teako Minerals Corp. is based in Vancouver and focuses on acquiring, exploring, and developing mineral properties in Norway, particularly targeting critical metals such as copper, cobalt, zinc, and molybdenum [8]. - The Company's Project Hub includes significant projects like Løkken and Venna, which are prospective for various minerals including copper, cobalt, and rare-earth elements [9][10].
Gold'n Futures Provides Update On Share Consolidation
Thenewswire· 2026-01-07 00:05
Core Viewpoint - Gold'n Futures Mineral Corp. has announced a pause on its previously planned consolidation of issued and outstanding common shares, with further updates to be provided in the future [1][2]. Group 1: Share Consolidation Details - The effective date for the Share Consolidation will not proceed at this time, and the Company will communicate any future decisions regarding the timing and effective date [2]. - Completion of the Share Consolidation, if pursued, is subject to regulatory filings and acceptance by the Canadian Securities Exchange [3]. Group 2: Company Communication - The Company has reiterated that all other information disclosed in the news release dated December 23, 2025, remains unchanged [2]. - Matthew Fish, Director, is the contact person for further information regarding this announcement [3].
New Earth Resources Closes Private Placement
Globenewswire· 2026-01-06 23:00
Core Viewpoint - New Earth Resources Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $825,000 through the issuance of units [1][2]. Group 1: Offering Details - The Company issued a total of 2,200,000 Units at a price of $0.375 per Unit, with each Unit consisting of one Class A common share and one Share purchase warrant [2]. - Each Warrant allows the holder to purchase one Share at a price of $0.50 per Share until January 6, 2029 [2]. - The proceeds from the Offering will be utilized for general working capital [2]. Group 2: Finder's Fees and Warrants - In connection with the Offering, the Company paid cash finder's fees totaling $6,150 and issued 14,400 finder's warrants, each exercisable for one Share at an exercise price of $0.375 per Share until January 6, 2029 [3]. Group 3: Company Overview - New Earth Resources Corp. is a Canadian mineral exploration company focused on acquiring and developing advanced and early-stage exploration projects [5]. - The flagship project is the 100% owned Lucky Boy Uranium Property in Arizona, which spans approximately 273 acres and has a history of uranium production [5]. - The Company also holds claims in Saskatchewan, Canada, covering 365 hectares, and has options to acquire additional claims in Quebec and Labrador, prospective for rare earth elements [6].
Northern Lights Resources Provides Corporate Recap Highlighting Strong Execution Across Key Initiatives
Thenewswire· 2026-01-06 21:00
Core Insights - Northern Lights Resources Corp. has outlined its achievements in 2025 and a positive outlook for 2026, emphasizing a transformative year ahead [1][2] Corporate & Strategic Milestones - In 2025, the company focused on building a strong technical and corporate foundation, advancing its understanding of assets, and positioning for future value-creating catalysts [2] - Key achievements included disciplined exploration, technical validation, and strategic planning [2] Technical Progress Across the Portfolio - The Horetzky Copper Project in British Columbia remained a core focus, with efforts to strengthen technical confidence ahead of future drilling [3] - The Pup Copper-Gold Project in Yukon demonstrated strong exploration potential, representing a high-upside opportunity in an underexplored region [3] Specific Achievements in 2025 - Advanced geological mapping and sampling to better define structural controls and mineralized trends [4] - Strengthened leadership and technical oversight to support data-driven decision-making [5] - Maintained a tight capital structure and disciplined capital allocation to maximize leverage to exploration success [5] - Compiled, digitized, and reinterpreted historical datasets to establish a modern geological framework for future exploration [5] - Completed targeted field programs and surface sampling to refine drill targeting [5] - Advanced permitting and logistical planning to ensure projects are drill-ready [5] Project Pipeline Expansion - The company is evaluating and advancing a pipeline of prospective project opportunities in a disciplined manner aimed at growing shareholder value [7] Outlook for 2026 - The company anticipates 2026 to be focused on execution, catalysts, and value creation, aiming for consistent news flow through exploration milestones and stakeholder engagement [8]
Mogotes Announces Private Placement
TMX Newsfile· 2026-01-06 20:31
Core Viewpoint - Mogotes Metals Inc. is planning a non-brokered private placement to raise up to C$4,000,000 by issuing up to 12,500,000 units at a price of $0.32 per unit [1][2] Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.53 for three years [2] - The proceeds from the offering will be allocated for general corporate and working capital purposes [2] Group 2: Shareholder Rights - The offering is intended to fulfill certain pre-emptive rights held by specific shareholders of the company [3] Group 3: Regulatory Compliance - Securities issued in Canada and the U.S. will have a hold period of four months plus a day from issuance, while those issued outside these jurisdictions may not be subject to a statutory hold period [4] Group 4: Company Overview - Mogotes Metals Inc. is focused on mineral exploration for copper and gold in the Vicuña district of Argentina and Chile, with its flagship project, Filo Sur, adjacent to the Filo del Sol discovery [8]
DLP Resources Inc. Announces Award Grants
TMX Newsfile· 2026-01-06 14:04
Core Viewpoint - DLP Resources Inc. has announced the grant of incentive stock options, restricted share units, and deferred share units to its directors and officers as part of its Long-Term Incentive Plan [1][2]. Grant Details - The company has issued a total of 518,086 incentive stock options, 322,054 restricted share units, and 1,351,350 deferred share units to certain directors and officers [2]. - Each option is exercisable at an exercise price of $0.37 for a period of five years, with vesting occurring in three tranches: 1/3 immediately, 1/3 after one year, and 1/3 after two years [2]. - The restricted share units and deferred share units will also vest in a similar manner, with the RSUs vesting 1/3 immediately, 1/3 after one year, and 1/3 after two years, while the DSUs vest upon the holder ceasing to be an eligible person under the plan [2]. Company Overview - DLP Resources Inc. is a mineral exploration company focused on exploring for Copper, Base Metals, and Cobalt in Southern Peru and Southeastern British Columbia [3]. - The company is listed on the TSX-V under the symbol DLP, on the OTCQB as DLPRF, and on the FSE as J8C [3].
GoldHaven Confirms High-Grade Silver up to 2,370 g/t Ag and Tungsten up to 6,550 ppm W at Magno Property, Cassiar District
Globenewswire· 2026-01-06 13:30
Core Insights - GoldHaven Resources Corp. announced preliminary assay results from its 2025 surface exploration program at the Magno Property, confirming high-grade mineralization of silver, lead, zinc, tungsten, and critical minerals, indicating the potential for a district-scale polymetallic system [1][14]. Exploration Program Overview - The 2025 exploration program aimed to verify historical mineral occurrences and expand the geochemical database across a 36,973.29-hectare land package, with 357 rock samples collected and analyzed using modern analytical techniques [4][10]. - The program successfully validated historical surface results and expanded the geochemical dataset, allowing for improved detection of various metals across different lithologies [10][17]. Notable Assay Results - Significant assay results included silver values up to 2,370 g/t Ag, lead exceeding 20% Pb, zinc values up to 19.25% Zn, tungsten values up to 6,550 ppm W, and indium values up to 334 ppm In [2][6]. - High-grade silver-lead-zinc mineralization was confirmed, with 45 of 357 samples returning over 100 g/t Ag [6]. Mineralization Characteristics - The results indicate that the Magno and D Zones may be part of a larger silver-lead-zinc system, displaying characteristics consistent with both Carbonate Replacement Deposits (CRDs) and structurally controlled hydrothermal mineralization [11][17]. - The presence of anomalous Au-Bi-Te signatures suggests potential zoning typical of intrusive-related systems [12]. Tungsten Mineralization - Tungsten assays returned values consistent with historical results, with multiple samples showing values between 500 and 5,000 ppm W, particularly at the Kuhn and Dead Goat Zones [13][17]. - The Kuhn Target demonstrated approximately 1.3 kilometers of anomalous tungsten mineralization along strike, supporting further exploration [13]. Future Plans - The company plans to advance prioritized targets, including the Magno and D Zones, Kuhn, Dead Goat, and the newly defined Vines Lake showing, towards detailed targeting and future drill planning [14][17]. - The Magno Project is strategically located near established mining operations, enhancing its logistical and long-term development advantages [18][19].