Core Viewpoint - Iconic Minerals Ltd. is proceeding with a non-brokered private placement to raise up to $3,750,000 for its exploration program and general working capital [1][2]. Group 1: Financing Details - The private placement will consist of up to 30,000,000 units priced at $0.125 per unit, each unit comprising one common share and one full common share purchase warrant [1]. - Each warrant allows the holder to purchase an additional common share at an exercise price of $0.17 for two years from issuance [1]. - If the company's shares trade at $0.35 or higher for 10 non-consecutive trading days, the company may accelerate the expiry of the warrants [1]. Group 2: Use of Proceeds - Proceeds from the financing will be allocated to drilling and advancing the exploration program on the New Pass gold property in Nevada, as well as for general working capital [2]. Group 3: Regulatory and Compliance Information - The financing is subject to the approval of the TSX Venture Exchange, and the company may pay finders' fees in accordance with TSXV rules [3]. - All securities issued will be subject to a four-month and one-day hold period in Canada [3].

Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes", or the "Company") is pleased to announce that, further to today's press release and due to investor demand, the Company has upsized its non-brokered private placement to up to 86,792,452 units (each, a "Unit") at a price of $0.265 per Unit for aggregate gross proceeds of up to C$23,000,000 (the "Offering").Each Unit shall be comprised of one common share (each, a "Common Share") and ...

Core Viewpoint - Teako Minerals Corp. has entered into a Definitive Acquisition Agreement with Nordic Minerals AS to sell a 90% interest in five Norwegian mineral projects, enhancing its strategic position while retaining a 10% free carried interest in the projects [1][4][5]. Agreement Terms - Teako will receive an initial payment of NOK 1,450,000 (approximately C$200,000) shortly after the agreement, with an additional NOK 2,700,000 (approximately C$370,000) contingent upon the projects achieving a collective mineral resource of at least 10 million tonnes [4][11]. - Teako retains a non-dilutive 10% free carried ownership interest in the projects until a final investment decision is made, ensuring no financial responsibility for costs until commercial production begins [5][6]. - Nordic is obligated to incur a minimum of C$700,000 in exploration expenditures within the first 24 months and aims for total expenditures of C$5,000,000 over 60 months [7][8]. Project Overview - The five projects include Mykkelvika, Heimdalhaugen, Sivilvangen, Klasberget, and Hellemyr, all located in Norway and known for their mineral potential, including copper, zinc, gold, and silver [1][11]. - The Mykkelvika Project spans 126 km² and is situated in a geologically favorable area with multiple mineral occurrences, including significant copper and zinc grades [12][13]. - The Heimdalhaugen Project covers 60 km² and has potential for both Cu-Zn VMS systems and Cu-Mo porphyry mineralization, supported by a history of mining in the region [18][19]. - The Sivilvangen Project, also 60 km², hosts a VMS deposit with a reported mineral inventory of approximately 267 kt at 0.72% Cu and 5.27% Zn, benefiting from well-developed infrastructure [23][24]. - The Klasberget Project, measuring 10 km², is adjacent to historic ore fields with significant past production, indicating strong exploration potential [26][29]. - The Hellemyr Project, located near the Kongsberg silver mining district, covers 33 km² and has a history of base metal production, with promising potential from historic tailings [32][33]. Strategic Partnership - The partnership with United Minerals Australia is expected to leverage their extensive experience in financing and developing mineral projects, aiming for responsible and efficient project advancement while focusing on environmental stewardship and community engagement [3][35].

Financing - Renforth Resources Inc. has completed a flow-through financing, raising $200,000 by selling shares at $0.02 per share, with proceeds allocated for drilling on the Victoria polymetallic deposit near Malartic, Quebec [2][6] - A final closing for the sale of common share units is anticipated on or before January 16, 2026 [2][6] Victoria Polymetallic Deposit - The company is permitting approximately 1000 meters of drilling on the Victoria deposit, expected to commence in February [4][6] - Previous drilling results include significant intersections, such as 0.55% Cu over 10.5 meters and 0.46% Ni over 12 meters, indicating potential for extending mineralization beyond currently modeled domains [4][5] Assay Results - Renforth's geologists have submitted 99 core samples for platinum and palladium analysis, with results expected this month [3][6] - Previous tests have confirmed the presence of platinum and palladium within the mineralized ultramafic package, which will be included in the next resource statement for Victoria [3] Annual General Meeting - The company held its Annual General Meeting on December 15, with all matters before the meeting passing successfully [7] Company Overview - Renforth Resources is focused on advancing gold and polymetallic projects in Québec's Abitibi mining district, with its flagship asset being the Parbec Gold Deposit, which hosts 265,800 ounces of gold in the Measured and Indicated categories [9] - The company also controls the Malartic Metals Package, which includes the Victoria Polymetallic Deposit, with an initial NI 43-101-compliant inferred resource of 125 million tonnes grading 0.15% NiEq [10]

Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes", or the "Company") is pleased to announce a non-brokered private placement through the issuance of 71,698,113 units (each, a "Unit") at a price of $0.265 per Unit for aggregate gross proceeds of up to C$19,000,000 (the "Offering"). Each Unit shall be comprised of one common share (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant ...

Core Insights - SAGA Metals Corp. has reported the first assay results from the Trapper Zone following the completion of the 2025 Phase of the Mineral Resource Estimate drill program, indicating significant mineralization potential [1][3] Assay Highlights - The initial results from the first two drill holes (R-0008 and R-0009) show substantial intercepts of semi-massive and massive oxide, marking the best results on the Radar property to date [3][6] - Hole R-0008 yielded 269.36 m with 36.21% Fe₂O₃, 6.57% TiO₂, and 0.244% V₂O₅, while Hole R-0009 produced 296.47 m with 39.75% Fe₂O₃, 7.46% TiO₂, and 0.25% V₂O₅ [6][12] Comparative Analysis - The assay results from the Trapper Zone show a significant increase in oxide concentrations compared to the Hawkeye Zone, with Fe₂O₃ increasing by 124%, TiO₂ by 105.90%, and V₂O₅ by 36.90% [6][11] - The best full hole metrics for Trapper Zone are 39.75% Fe₂O₃, 7.46% TiO₂, and 0.250% V₂O₅, compared to Hawkeye's best of 17.75% Fe₂O₃, 3.62% TiO₂, and 0.183% V₂O₅ [7][11] Geological Context - The drilling targeted a strong magnetic anomaly identified in the 2025 ground geophysical survey, which traces the shape of an apparent fold structure [12][15] - The Trapper Zone is part of the Radar Property, which spans 24,175 hectares and hosts the Dykes River intrusive complex, indicating a unique geological position among Western explorers [16][22] Future Plans - The company anticipates receiving the next set of assay results by mid-January, with plans to initiate the 2026 phase of the MRE drill program at the Trapper Zone [12][13]

Core Insights - FPX Nickel Corp. has successfully upgraded to trade on the OTCQX Best Market, indicating its strong financial health and commitment to corporate governance [1][4] - The upgrade allows FPX Nickel Corp. to enhance its visibility and accessibility to U.S. investors, which is expected to unlock new opportunities for the company [4] Company Overview - FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District in central British Columbia, specializing in a unique style of naturally occurring nickel-iron alloy mineralization known as awaruite [5] Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and comply with securities laws, marking a significant milestone for companies transitioning from the OTCQB Venture Market [3]

Core Viewpoint - Evergold Corp. is initiating a strategic repositioning focused on its 100%-owned Golden Lion gold-silver project, supported by a non-brokered private placement with the Ore Group, aiming to enhance exploration and development efforts in the Toodoggone district of British Columbia [1][2][4]. Financing Details - The financing will involve the sale of up to 1,304,348 units at a price of $0.23 per unit, with each unit consisting of one common share and one warrant exercisable at $0.30 for two years [12][13]. Strategic Partnership - The partnership with the Ore Group combines capital markets expertise with a proven operational team, enhancing Evergold's growth potential and investor engagement strategies [2][3]. Project Overview - The Golden Lion property features a low- to intermediate-sulfidation epithermal system, with significant mineralization potential indicated by historical drilling results and recent exploration activities [5][10]. Exploration Potential - Historical drilling by Newmont in 1984 established a low-grade mineralized envelope, with Evergold's recent drilling efforts revealing higher-grade domains and suggesting substantial exploration upside [8][9][10]. Future Plans - The company plans to refine geological models, prioritize drill targets at the GL1 Main Zone, and evaluate the porphyry potential in the newly acquired "Copper King" claims [11][18]. Historical Context - Evergold's team has a successful track record, including the establishment of GT Gold Corp. and the discovery of significant deposits, which were sold to Newmont for a substantial return on investment [15]. Market Position - The Toodoggone district is recognized for its mineral wealth and infrastructure, positioning Golden Lion favorably among its peers while remaining underexplored [9].

VANCOUVER, British Columbia, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce that further to its news release dated October 30th, 2025, it has exercised its option under an agreement with Bernie Kreft dated October 29, 2025, and has acquired an undivided 100% right, title, and interest in the Kitimat Copper-Gold Project (the “Project”), located approximately 10 kilometers northwest of the deep-water p ...

Core Insights - Aztec Minerals Corp. had a foundational year in 2025, advancing its precious metal discovery projects and raising $13.6 million through equity financings [2] - The company increased its ownership of the Tombstone JV from 77.7% to 85.0% and reported the highest-grade silver and gold intercepts in its history at the Tombstone Project [2][3] - The company is well-positioned to create substantial shareholder value in 2026 as silver and gold prices reach all-time highs [2] Tombstone Project 2025 Highlights - Reported the highest-grade silver intersection to date of 7,269 gpt AgEq (233.7 opt AgEq) over 1.52 m, including 569 gpt AgEq (18.3 opt AgEq) over 25.8 m [2] - Discovered high-grade mineralization in the Westside Target Area with drillhole TR24-13 intersecting 24.4 m of 106.24 gpt AgEq [3] - Expanded the property land position by 46.7%, increasing the overall land package from 452 hectares to 663 hectares [3] Cervantes Project 2025 Highlights - Conducted reconnaissance sampling and geological mapping, with plans for further exploration in 2026 [2] - Drilled significant intersections including 6.08 m of 456.6 gpt AgEq and 36.5 m averaging 8.14 gpt Au [3] - Surface exploration confirmed new prospects with results of up to 15.6 gpt Au and 8,062 ppm Cu [3] Corporate Highlights 2025 - Closed an oversubscribed private placement of $3.6 million in May and $10.0 million in October [5] - Continued drilling campaigns targeting high-grade shallow gold and silver around the Contention open pit and Westside target area [5] - Plans for a potential 2026 drill program at Cervantes to explore shallow near-surface gold oxide mineralization [5]