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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].
Lithium Corporation Signs Option Agreement on Rare Earth Prospect in British Columbia
TMX Newsfile· 2026-01-06 13:30
Core Viewpoint - Lithium Corporation has executed an option agreement for its Las Pilas prospect in British Columbia, which contains enriched Rare Earth Element (REE) mineralization, aiming to enhance North America's energy independence through domestic critical mineral development [1][2]. Financial Terms - Ridgestone Mining Inc. will pay Lithium Corporation $315,000, issue 500,000 common shares, and complete $600,000 in exploration expenditures over three years to earn a 100% interest in the Las Pilas property [2]. Strategic Focus - The agreement allows Lithium Corporation to focus on its Yeehaw REE property and the newly staked Midway Range REE prospect while advancing the exploration program at Las Pilas [3]. - The company retains a 2.0% Net Smelter Return royalty, ensuring long-term exposure to potential future production [2]. Company Overview - Lithium Corporation is dedicated to securing North America's energy independence through the development of critical mineral resources, with a focus on energy metals [4][5]. - The company operates in two major mining jurisdictions, with lithium prospects in Nevada and a diverse portfolio of titanium, REE, graphite, fluorspar, and antimony properties in British Columbia [5].
Maxus Mining Highlights Historical Polymetallic Results at the Quarry Project in British Columbia, Canada
Globenewswire· 2026-01-06 13:00
Core Insights - Maxus Mining Inc. has consolidated the Quarry Project by acquiring the Beveley Property, enhancing its position in the Bralorne Mining District of British Columbia [1] - The company has completed a comprehensive data compilation of historical assessment reports, generating exploration targets for the fall 2025 exploration program [2] Quarry Project Highlights - Historical exploration has documented polymetallic mineralization across the Quarry Project, with significant drilling results including: - 23.6 m of 1.83% Pb, 2.82% Zn, and 56.2 g/t Ag in hole 77-11 - 13.0 m of 0.65% Pb, 2.58% Zn, and 42.5 g/t Ag in hole 78-25 - 6.91 m of 2.42% Pb, 2.43% Zn, and 87.7 g/t Ag in hole 80-66 - 3.81 m of 1.00% Pb, 3.19% Zn, and 43.5 g/t Ag in hole 80-76 [4] - Historic estimates for the Bullseye Zone include: - 99,781 tonnes at 1.42% Pb, 2.24% Zn, and 36.3 g/t Ag (drill-indicated, historical) - 2.72 Mt at 3.66% Pb + Zn, 36.3 g/t Ag (original category not classified) [6] - The company is compiling drillhole data into 2D and 3D workspaces to advance the project towards modern exploration [4][7] Historical Summary - Historical work has outlined multiple zones of base metal and precious metal mineralization, with significant grab sampling results from the Regent mineral occurrence showing: - Average assays of 83.5% Pb and 1,576 g/t Ag - Additional values including 20% Sb, 42.5% Pb, 3.8% Cu, and 0.89 g/t Au [5] Strategic Location - The Quarry Project is strategically located 28 km northwest of Germansen Landing, British Columbia, within favorable carbonate and dolomite breccia host rocks [4]
NevGold Identifies Large Quantities of Previously Mined Material With Significant Antimony And Near-Term Production Potential In Historical Leach Pads at Limo Butte, Nevada
Globenewswire· 2026-01-06 12:00
Core Insights - NevGold Corp. announced positive antimony and gold sampling results from historical gold leach pads at its Limousine Butte Project in Nevada, indicating potential for near-term antimony production [1][5] - The historical leach pads contain an estimated 2.4 million to 3.0 million tonnes of previously mined material, with consistent antimony and gold grades [1][4] Antimony and Gold Sampling Results - Crushed leach pad has an estimated tonnage of 1.4 million to 1.7 million tonnes, with average grades of 0.27% Sb and 0.34 g/t Au [4] - Run of Mine (ROM) leach pad has an estimated tonnage of 1.0 million to 1.3 million tonnes, with average grades of 0.31% Sb and 0.18 g/t Au [4] - Certain areas of the leach pads show results of 0.74% Sb to 0.81% Sb, indicating strong mineralization potential [4][6] Metallurgical and Development Plans - Metallurgical testwork indicates that acid leaching can achieve antimony recoveries of up to 92%, with minimal impact on gold recovery [4][5] - The company plans to advance both the historical leach pad opportunity and a larger commercial gold-antimony mining operation, including drilling and preparing a Mineral Resource Estimate (MRE) [4][5] Strategic Importance of Antimony - Antimony is classified as a "Critical Mineral" in the U.S., essential for national security and various technological applications [3][15] - The U.S. government has issued an Executive Order to strengthen domestic mineral production, highlighting the importance of antimony and aiming to reduce reliance on foreign sources [12][14] Market Context - Approximately 90% of the world's antimony supply is produced by China, Russia, and Tajikistan, with recent restrictions on exports from China exacerbating supply chain concerns [17] - The U.S. Department of Defense has designated antimony as a critical mineral, emphasizing the need for domestic production to mitigate supply chain disruptions [17]
Zonte Metals Provides Corporate Update
Thenewswire· 2026-01-06 11:30
Halifax, Nova Scotia – January 6, 2026 – TheNewswire – Zonte Metals Inc. (“Zonte” or the “Company”) (TSXV:ZON) (OTC:EREPF) is pleased to provide a review of the past year and a look ahead into 2026. Dear Shareholders,We would like to begin by sincerely thanking you for your continued patience and support. The past several years has required discipline, perseverance, and belief in the long-term value of our assets and strategy. Your commitment has not gone unnoticed.We are now entering one of the stronges ...
Trident Resources Announces Appointment of Tim J. Termuende, P.Geo as Board Chair
Globenewswire· 2026-01-06 08:30
Core Viewpoint - Trident Resources Corp. has appointed Mr. Tim Termuende as Chairman of the Board, which is expected to enhance the company's strategic direction and project development in the La Ronge Gold Belt [1][5]. Group 1: Leadership Appointment - Mr. Tim Termuende has over 45 years of experience in the mineral exploration industry and has held executive roles in several publicly traded companies, contributing to over $110 million in value for shareholders [2]. - His familiarity with the La Ronge Gold Belt, where Trident's high-grade Contact Lake Project is located, provides a strategic advantage for the company [3]. - The appointment is seen as a significant step towards advancing Trident's exploration and development goals, particularly in 2026 [4][5]. Group 2: Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the 100% owned Contact Lake and Greywacke Lake projects [6]. - The company aims to leverage its assets in the underexplored La Ronge Gold Belt to create long-term value for shareholders [5][6].
Trident Resources Announces Appointment of Tim J. Termuende, P.Geo as Board Chair
Globenewswire· 2026-01-06 08:30
Core Viewpoint - Trident Resources Corp. has appointed Mr. Tim Termuende as Chairman of the Board, which is expected to enhance the company's strategic direction and project development in the La Ronge Gold Belt [1][5]. Group 1: Leadership Appointment - Mr. Tim Termuende has over 45 years of experience in the mineral exploration industry and has held executive roles in several publicly traded companies, contributing to over $110 million in value for shareholders [2]. - His familiarity with the La Ronge Gold Belt, where Trident's high-grade Contact Lake Project is located, provides a strategic advantage for the company [3]. - Termuende expressed enthusiasm about his new role and the potential for transformative growth in 2026 for Trident and its shareholders [4]. Group 2: Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the 100% owned Contact Lake and Greywacke Lake projects [6]. - The company is advancing its exploration efforts in the La Ronge Gold Belt, which is noted for its significant historical gold resources [6].
Trident Resources Engages New Era Publishing Inc. for Corporate Marketing and Investor Awareness Services
Globenewswire· 2026-01-05 22:00
Core Viewpoint - Trident Resources Corp. has entered into a marketing and media services agreement with New Era Publishing Inc. to enhance its investor awareness and marketing efforts [1][2]. Group 1: Agreement Details - The marketing agreement is effective for an initial term of three months starting January 2, 2025, with an initial fee of USD 100,000 and an additional USD 150,000 payable upon completion of the initial term [2]. - The agreement allows for a month-to-month continuation subject to mutually agreed supplemental expenditures, and New Era will implement an advertising campaign using both online and physical marketing strategies [2][3]. Group 2: Compensation and Ownership - Trident Resources will not issue any securities to New Era as compensation, and New Era does not currently own any securities of the Company [3]. - The agreement is subject to approval by the TSX Venture Exchange [3]. Group 3: Equity Incentive Grants - The Company has granted 2,980,000 restricted share units (RSUs) to various stakeholders, which will vest over a two-year term [4]. - The RSUs are subject to shareholder approval at the next annual general meeting, and if not approved, the RSUs will be cancelled [5]. Group 4: Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the Contact Lake and Greywacke Lake projects [6]. - The Company is advancing its Knife Lake copper project, which contains a historical copper resource [6].
REV Exploration Announces Upsizing of Life Offering
Globenewswire· 2026-01-05 21:27
Core Viewpoint - REV Exploration Corp. has increased its LIFE Offering by $300,000 due to strong investor demand, raising the total gross proceeds from $2.5 million to $2.8 million [1][4]. Group 1: LIFE Offering Details - The LIFE Offering is being conducted on a non-brokered basis at a price of $0.40 per common share, allowing for the issuance of up to an additional 750,000 common shares, bringing the total maximum to 7,000,000 common shares if fully subscribed [2][4]. - No warrants are being issued in connection with the LIFE Offering, and all other terms remain unchanged [2]. - The offering is available to purchasers in Canada, excluding Québec, and securities issued will not be subject to a statutory hold period [3]. Group 2: Financial Proceeds and Use - Proceeds from the LIFE Offering and a previously announced $3.0 million non-brokered private placement are expected to total up to $5.8 million upon completion [4][5]. - The funds will be used to advance the Company's Aden Dome Natural Hydrogen asset along the Alberta–Montana border and for general corporate purposes [5]. Group 3: Company Overview - REV Exploration Corp. is a mineral exploration company with a portfolio that includes gold and battery metal properties in Quebec and significant exposure to the Natural Hydrogen sector in Alberta and Saskatchewan [6]. - The Company has acquired 100% of a series of PNG leases along the Alberta-Montana border, including the drill-ready Aden Dome, and holds a significant equity position in MAX Power Mining Corp., which has the largest permitted land package for Natural Hydrogen in Saskatchewan [6].
Nine Mile Metals Announces Private Placement of up to $4 Million
TMX Newsfile· 2026-01-05 21:15
Core Viewpoint - Nine Mile Metals Ltd. is conducting a private placement to raise up to $4,000,000 through the issuance of up to 21,052,632 units at a price of $0.19 per unit [1][4]. Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable into one common share at a price of $0.30 for two years [2]. - The offering is expected to close around January 13, 2026, subject to regulatory approvals [4]. - The company may pay finder's fees of 8% of the gross proceeds and issue finder's warrants equal to 8% of the units issued [5]. Regulatory Compliance - The units will be offered to purchasers in all Canadian provinces except Quebec, under the Listed Issuer Financing Exemption [3]. - Units issued under this exemption will not be subject to a hold period under Canadian securities laws [3]. Use of Proceeds - Proceeds from the offering will be allocated to exploration activities and related expenses for critical minerals projects in the Bathurst Mining Camp, as well as general administrative obligations [7]. Company Overview - Nine Mile Metals Ltd. is focused on VMS (Cu, Pb, Zn, Ag, and Au) exploration in the Bathurst Mining Camp, New Brunswick, Canada [10]. - The company aims to explore four VMS projects and is positioning itself for the demand in EV and green technologies that require copper, silver, lead, and zinc [10].