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OTC Markets Group Welcomes First Nordic Metals Corp. to OTCQX
Globenewswire· 2025-09-12 11:00
Company Overview - First Nordic Metals Corp. is a Canadian-based gold exploration company focused on consolidating assets in Sweden and Finland, aiming to create Europe's next gold camp [4] - The company's flagship asset is the Barsele gold project in northern Sweden, which is a joint venture with Agnico Eagle Mines Limited [4] - First Nordic also owns additional project areas (Paubäcken, Storjuktan) surrounding the Barsele project, totaling approximately 80 km of strike coverage of the Gold Line greenstone belt [4] - In northern Finland, the company holds a district-scale position covering the Oijärvi greenstone belt, including the Kylmäkangas deposit, the largest known gold occurrence on this belt [4] Market Transition - First Nordic Metals Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market [1][3] - Trading under the symbol "FNMCF," the transition to OTCQX is expected to expand the company's U.S. investor base [2][4] - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices [3] Strategic Importance - CEO Taj Singh emphasized that graduating to the OTCQX market is pivotal for expanding drilling efforts in northern Sweden and increasing visibility among U.S. investors [4] - The move is aimed at building a strong long-term shareholder base and delivering a steady cadence of catalysts to a broader audience [4]
Roscan Gold Announces Extension to Promissory Notes
Newsfile· 2025-09-11 14:23
Core Points - Roscan Gold Corporation intends to extend the maturity date of its outstanding secured subordinate promissory notes totaling $1,300,000 from September 11, 2025, to September 11, 2026 [1] - The proposed amendment is classified as a related party transaction, with insiders holding $700,000 of the principal amount of the notes [2] - The company is relying on exemptions from certain requirements of Multilateral Instrument 61-101 due to the fair market value of insider participation not exceeding 25% of the company's market capitalization [2] - The proposed amendment is subject to customary closing conditions and approvals from applicable securities regulatory authorities, including the TSX Venture Exchange [3] Company Overview - Roscan Gold Corporation is a Canadian gold exploration company focused on acquiring and exploring gold properties in West Africa [4] - The company has a significant land position with 100%-owned permits in an area with existing gold mines, including proximity to B2 Gold's Fekola Mine [4]
BULGOLD Announces Filing of Second Quarter Financial Results for the Three and Six Months Ended June 30, 2025
Globenewswire· 2025-08-22 11:30
Financial Performance - For the second quarter ended June 30, 2025, BULGOLD Inc. reported a net comprehensive loss of $114,537, equating to $0.00 per share [1] - For the six months ending June 30, 2025, the company incurred a net comprehensive loss of $152,428, or $0.01 per share [1] - As of June 30, 2025, BULGOLD had cash and cash equivalents amounting to $255,401 [1] Company Overview - BULGOLD Inc. is a gold exploration company focused on mineral exploration projects in Central and Eastern Europe [2] - The company controls 100% of three quartz-adularia epithermal gold projects located in Bulgaria and Slovakia: the Lutila Gold Project, the Kostilkovo Gold Project, and the Kutel Gold Project [2] - Management believes that the company's assets have potential for high-grade, good-metallurgy, low-sulfidation epithermal gold mineralization [2] Shareholder Information - As of June 30, 2025, BULGOLD had 27,597,928 issued and outstanding shares, with approximately 40.3% held by Founders, Directors, and Management [3]
Precore Gold Announces up to C$2 Million Private Placement
Globenewswire· 2025-08-21 09:00
Core Viewpoint - Precore Gold Corp. is initiating a non-brokered private placement to raise up to $2,000,000 for exploration and working capital purposes, with a focus on the Arikepay Project in Peru and other properties in Canada [1][3][4] Group 1: Private Placement Details - The private placement will consist of the sale of up to 11,111,111 units at a price of $0.18 per unit, each unit comprising one common share and one-half of a share purchase warrant [1] - Each warrant will allow the holder to purchase one additional common share at an exercise price of $0.25 for a period of 36 months [1] - The proceeds will be used for exploration work and working capital, with a four-month hold period on the issued securities [1] Group 2: Exploration Plans - The funds from the private placement will support an exploration program at the Arikepay Project in Peru, aiming to reaffirm historical drilling results and explore additional targets [3] - The company also plans to compile data on the Lac Big Rush property in Quebec and the Kimber property in British Columbia to outline future exploration programs [3] Group 3: Company Overview - Precore Gold Corp. is a Canadian junior gold exploration company focused on building a portfolio of exploration projects with strong gold discovery potential [4] - The company aims to capitalize on opportunities in politically stable, mining-friendly jurisdictions with promising properties and historical drilling results [4] - Precore Gold is committed to environmental, social, and corporate governance (ESG) standards in its operations [4]
Rackla Metals is Pleased to Provide an Update on Drilling at Grad and Other Developments on Property Holdings in the NWT
Thenewswire· 2025-08-19 11:00
Core Viewpoint - Rackla Metals Inc. is making significant progress in its 2025 exploration program in western Northwest Territories, increasing its drill plan by 25% to 5,000 meters due to positive findings in drill core and surface work [1]. Group 1: Exploration Progress - As of August 18th, over 3,100 meters have been drilled with 7 holes completed, covering an area of 500 x 300 x 550 meters [2]. - All drilled holes have intersected a consistent set of sheeted quartz/sulphide+tourmaline veins, with a notable zone of intense quartz and quartz-tourmaline veining and elevated bismuth content observed in holes G25-004 and G25-005 [3][6]. - The mineralized zone shows good continuity and appears robust, with increasing strength and width as the intercepts get deeper [3]. Group 2: Current Drilling and Results - The current drill hole G25-008 is targeting the same mineralized zone as previous holes, with a target depth of 500 meters [6]. - Samples from holes G25-001 through G25-007 have been submitted to the lab, with results from the first three holes expected within the coming week [8]. - A steady flow of results is anticipated following the initial findings [8]. Group 3: Geological Insights - Recent mapping indicates a metal zonation, with the ridge top being arsenic-rich and the lower ridges being bismuth-rich, suggesting minimal erosion in the area [10]. - The exploration is based on the Reduced Intrusion-Related Gold System model, indicating potential for significant mineral discoveries [10]. Group 4: Community Engagement - The company is working in consultation with the Sahtu Dene and Métis communities, emphasizing the importance of maintaining collaborative relationships as exploration advances [14]. Group 5: Company Overview - Rackla Metals Inc. is a junior gold exploration company based in Vancouver, targeting Reduced Intrusion-Related Gold Systems in underexplored regions of eastern Yukon and western Northwest Territories [16].
Thunder Gold Corp Engages Alliance Advisors IR for Investor Relations Services
Newsfile· 2025-08-14 20:30
Core Viewpoint - Thunder Gold Corp has engaged Alliance Advisors for investor relations services to enhance communication with investors and promote the potential of its Tower Mountain gold property [2][4]. Group 1: Company Overview - Thunder Gold Corp, previously known as White Metal Resources, is a junior exploration company focused on the Tower Mountain gold property located 45 kilometers west of Thunder Bay, Ontario [4]. - The company aims to strengthen investor relationships and showcase its project portfolio through strategic communication [2]. Group 2: Partnership Details - The agreement with Alliance Advisors is for an initial period of three months, with a total fee of CAD 22,500 for investor relations and communications services [2]. - Services provided by Alliance include managing public relations, social media, and stakeholder relations, with the agreement set to end on November 15, 2025 [2]. Group 3: Alliance Advisors Overview - Alliance Advisors is a firm that implements strategic investor relations programs tailored to client needs across various sectors, helping clients navigate complex markets and enhance shareholder engagement [5]. - The firm operates in both the U.S. and Canada and is recognized for its expertise in shareholder engagement and governance advisory [5].
Mines d'Or Orbec Appoints Jean-David Moore to Advisory Role
Newsfile· 2025-08-11 11:00
Company Overview - Mines D'Or Orbec Inc. is a gold exploration company that controls 100% of a significant land position near the Chapais-Chibougamau gold district in Quebec, covering approximately 51,000 hectares [5] - The project is strategically located near major regional trends associated with IAMGOLD's Nelligan, Northern Superior Resources Lac Surprise, and Monster Lake, providing excellent access [5] Appointment of Advisory Role - Mr. Jean-David Moore has been appointed to an advisory role within the company, bringing over 20 years of experience in mineral exploration and development [1][2] - He holds equity positions in more than 50 junior mining companies across Quebec and Canada, including over 7,000,000 shares of Orbec [2] Mr. Moore's Background - Mr. Moore serves as a director for several companies, including Bullion Gold Resources Corp. and Dios Exploration Inc., and has a strong background in forestry engineering with over 80 published scientific papers [3][4] - His extensive industry knowledge and investment insight are expected to benefit Orbec significantly [4]
Rackla Metals Provides Update on Continuing Drilling at Grad Property, NWT
Thenewswire· 2025-08-07 11:00
Core Insights - Rackla Metals Inc. is making significant progress on its 2025 exploration program in western Northwest Territories, with a planned 4,000-meter drill program on the Grad property [1] - As of August 5, 2025, 2,058 meters have been drilled, with five holes completed and one hole (G25-006) currently in progress [1][5] - The company has observed a consistent set of sheeted quartz/sulphide+tourmaline veins across all drilled holes, with vein density averaging between 5 to 10 per meter [3] Exploration Progress - The drilling operation is averaging approximately 50 meters per shift, translating to about 100 meters per day, with a single drill rig operating continuously [1] - Completed holes G25-004 and G25-005 have been logged and are expected to have samples shipped to the lab by the end of the week [4] - The first three holes (G25-001, G25-002, and G25-003) are currently in the lab, with analytical results anticipated in the coming weeks [4] Drill Hole Details - The drill holes have been strategically placed, with G25-004 and G25-005 drilled from the same pad, targeting areas with strong quartz and quartz-tourmaline veining [3] - Hole G25-006 is a 135-meter step-out to the west of holes G25-004 and G25-005, aiming to test the extension of the vein system [3] - The planned depth for hole G25-006 is 500 meters [5] Mineralization Observations - Visual observations from the core samples indicate strong alteration and the presence of bismuthinite and/or bismuth-gold alloy in the veins [9][10] - The company is encouraged by the density of sheeted veining and the abundance of key sulphide minerals like bismuthinite [14][16] - Additional drill pad (Pad G) has been added to test the extension of the zone southeastward, furthering exploration efforts [14] Community Engagement - Rackla is committed to maintaining respectful relationships with the Sahtu Dene First Nation and local stakeholders as exploration activities progress [19]
E2Gold Asserts Exploits Discovery Breached NDA Agreement; E2 Assessing All Options
Newsfile· 2025-07-28 12:30
Core Viewpoint - E2Gold Inc. claims that Exploits Discovery Corp. breached a non-disclosure agreement (NDA) by optioning the Hawkins property from Pavey Ark Minerals, and is pursuing remedies including unwinding the agreement or seeking compensation [1][2]. Group 1: NDA Breach Details - The NDA prohibited Exploits from acquiring any interest in claims within 2 km of E2Gold's existing mineral properties for a period of 2 years, which has not yet elapsed since the agreement [2]. - Exploits announced the optioning of the Hawkins property on May 13, 2025, which is before the 2-year anniversary date of March 24, 2027 [2]. Group 2: Company Response and Strategy - E2Gold's President and CEO, Eric Owens, emphasized that the actions of Exploits are contrary to the essence of the NDA, indicating a lack of forthrightness [2]. - The company is reviewing its business strategies and exploring alternative project opportunities, including potential merger and acquisition scenarios [2]. Group 3: Company Background - E2Gold Inc. is a Canadian gold exploration company with a 541 claim exploration property located adjacent to the Hawkins Property, situated in north-central Ontario, approximately 140 km east of the Hemlo Gold Mine [3].
Red Pine Completes 2024–25 Drilling Program & Initiates Preliminary Economic Assessment Work at Wawa Gold Project
Globenewswire· 2025-07-23 11:45
Core Insights - Red Pine Exploration Inc. has completed its 2024-25 drilling program at the Wawa Gold Project, consisting of 69 drill holes totaling 24,574.5 meters [1][4] - The drilling program achieved its primary goals of expanding the size potential of the Wawa gold deposit and better defining near-surface mineralization [2][4] - Preliminary Economic Assessment (PEA) work has commenced, with expectations to complete it in early H1 2026 [3][5] Drilling Program Details - The drilling program included 25,000 meters planned, with significant results such as 45.38 grams per tonne of gold over 3.13 meters core length [8] - Additional notable assay results include 1.86 g/t Au over 19.09 meters and 14.51 g/t Au over 4.81 meters [8] - A newly discovered gold zone at depth could extend over 940 meters [8] Ongoing Activities - The company is conducting technical and baseline studies to support operational design and permitting, including metallurgical testing and geotechnical work [6] - An environmental and permitting consultant with over 25 years of experience has been engaged to assist in the permitting process [6][8] - The company is fully funded to complete the PEA and commence baseline studies following a successful financing completed on July 9, 2025 [6][8] Quality Assurance Measures - Red Pine implements a QA/QC program that includes inserting external gold standards and blanks every 20 samples [10] - Quarter-core duplicates are routinely taken to evaluate the natural variability of gold mineralization [10] - Approximately 5% of the pulps and coarse rejects analyzed are sent for umpire testing at Agat Laboratories [10] Company Overview - Red Pine Exploration Inc. is a gold exploration company based in Toronto, Ontario, with shares trading on the TSX Venture Exchange and OTCQB Markets [12] - The Wawa Gold Project is located in the Michipicoten Greenstone Belt, an area with significant historical gold mining activity [13]