Mineral Exploration

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Surge Announces Closing of Financing and Strategic Investor
Newsfile· 2025-10-15 13:00
West Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") announces that it has closed a non-brokered private placement financing offering of 1,851,852 units ("Units") at a price of $0.27 per Unit for gross proceeds of $500,000.Each Unit is comprised of one common share and one share purchase warrant ("Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share of t ...
Corcel Exploration Outlines Planned Drill Program at Yuma King, Arizona
Newsfile· 2025-10-15 12:00
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Corcel Exploration Inc. (CSE: CRCL) (the "Company" or "Corcel") today announced plans for Phase 1 of its maiden drill program and additional surface exploration activities on its 100%-owned Yuma King Project ("Yuma King" or the "Project") in west-central Arizona. The Phase 1 drill program will consist of an initial 2000 m of diamond drilling, targeting copper (Cu) - gold (Au) skarn and porphyry style mineralization around the historical Yum ...
Silver47 Intersects High-Grade Mineralization in Step-Out Holes at Red Mountain, Alaska, and Hughes, Nevada
Newsfile· 2025-10-15 11:00
Silver47 Intersects High-Grade Mineralization in Step-Out Holes at Red Mountain, Alaska, and Hughes, NevadaAssays for Additional Holes Remain PendingOctober 15, 2025 7:00 AM EDT | Source: Silver47 Exploration Corp.Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce high-grade assay results from the first batch of holes from the 2025 drill program at the Company's wholly-own ...
First Drill Hole Confirms High-Grade Copper Skarn Mineralization at the Birch Project
Globenewswire· 2025-10-15 11:00
Core Insights - Yukon Metals Corp. has announced initial results from its 2025 drill program at the Birch Copper-Gold Project, indicating promising copper-gold mineralization [1][3][4] Drill Results - The 2025 drill program at Birch included 1,685 meters of HQ diamond drill core across six holes, with significant findings from Hole BR25-001, which intersected 21.2 meters of 0.30% Cu and high-grade intervals of up to 3.5% CuEq [4][5][7] - The initial drill hole revealed stacked skarn horizons with copper mineralization, extending along a 750-meter strike, and early indications of a porphyry-style source [5][11] - Surface prospecting 2 kilometers south of the drill pad returned high values, including up to 16 g/t Au and 1,825 g/t Ag, coinciding with a large molybdenum soil geochemical anomaly [5][14][16] Geological Context - The Birch project is located within the Yukon-Tanana Terrane, characterized by schist and marble units, and is underlain by a potassium/thorium low in airborne geophysical surveys [23][24] - The geology suggests a broad hydrothermal footprint with multiple mineralizing pulses, indicating potential for significant mineral discoveries [16][19] Community Engagement - Yukon Metals has engaged local First Nation contractors for various services, including drill pad construction and camp services, emphasizing a commitment to local community involvement [25][32] Company Overview - Yukon Metals Corp. is a well-financed exploration company with a portfolio of 17 projects covering over 43,000 hectares, focusing on copper, gold, silver, and critical metals [32][34]
American Critical Minerals Provides Update on Seismic Interpretation for its Green River Potash and Lithium Project
Accessnewswire· 2025-10-15 09:00
Core Viewpoint - American Critical Minerals Corp. has provided an update on the seismic interpretation for its Green River Potash and Lithium Project, indicating promising geological conditions for potash and lithium extraction [2][3]. Company Update - Agapito Associates LLC has reviewed the seismic reflection and reprocessing report for the Northern Portion of the Green River Project, with full results to be included in an upcoming Technical Report [2]. - The company has licensed four 2D seismic lines totaling approximately 32.5 miles from Seismic Exchange, which were reprocessed to enhance interpretation [5][11]. Geological Insights - The seismic data indicates relatively flat lying Paradox and Leadville stratigraphy, suggesting suitability for solution mining wells within the Potash Cycles [3][10]. - A time structure map constructed from the seismic data shows a gentle regional dip of about 4% to the north, supporting the potential for solution mining [6][10]. - The data also reveals a northward thickening of the Paradox Formation, which may enhance the quality and volume of lithium and bromine-rich brines [4][10]. Strategic Location - The Green River Project is strategically located near over 50 years of potash production and advanced lithium development, highlighting its potential for successful mining operations [5][12]. - The project benefits from logistical advantages, including proximity to major rail hubs, roads, and labor markets, which are crucial for operational efficiency [12]. Resource Potential - The Paradox Basin is estimated to contain up to 56 billion tonnes of lithium brines, potentially the largest such resource in the U.S. [13][14]. - The company has a 43-101 Exploration Target of 0.6-1.0 billion tonnes of sylvanite with potassium oxide grades ranging from 12% to 18% [14]. - Recent exploration targets for lithium and bromine indicate significant brine volumes with lithium grades from 71.6 to 216.3 parts per million and bromine grades from 3,656 to 4,741 parts per million [14]. Market Context - The U.S. currently imports approximately 96.5% of its annual potash requirements, indicating a strong domestic market opportunity [17]. - The global potash market is valued at over $50 billion annually, with a compound annual growth rate of nearly 5%, while annual lithium demand exceeds 1 million tonnes and continues to grow rapidly [17].
UAV Radiometric and Magnetic Survey Results Highlight Significant Exploration Potential at District Metals' Ardnasvarre Property in Sweden
Newsfile· 2025-10-15 06:00
UAV Radiometric and Magnetic Survey Results Highlight Significant Exploration Potential at District Metals' Ardnasvarre Property in SwedenOctober 15, 2025 2:00 AM EDT | Source: District Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that MWH Geo-Surveys International Inc. ("MWH") has completed a detailed Unmanned Aeri ...
Showcase Director Paterson Resigns
Newsfile· 2025-10-14 23:11
Group 1 - Showcase Minerals Inc. announced the resignation of Christopher Paterson as a director to pursue other business interests, and the company expressed gratitude for his contributions [1] - Showcase Minerals Inc. is a Canadian mineral exploration company with an option to acquire a 100% interest in 60 mineral claims related to the Pontiac Uranium Project, located near Fort Coulange in southwestern Québec, subject to a 2% net smelter returns royalty [2]
Pan American Closes LIFE Offering and Concurrent Private Placement Offering
Globenewswire· 2025-10-14 22:00
Core Points - Pan American Energy Corp. has successfully closed a non-brokered private placement of charity flow-through units and non-flow-through units, raising a total of C$2,000,000 [1][2] Group 1: LIFE Offering - The LIFE Offering included the issuance of 1,333,333 Charity FT Units at C$0.75 each and 2,000,000 NFT Units at C$0.50 each, generating gross proceeds of C$2,000,000 [2] - Each Charity FT Unit consists of one flow-through share and one common share purchase warrant, allowing the holder to acquire one common share at $0.85 for 24 months [3] - Each NFT Unit consists of one non-flow-through common share and one share purchase warrant, allowing the holder to acquire one common share at $0.65 for 24 months [4] - Proceeds from the Charity FT Units will be used for Canadian Exploration Expenses qualifying as flow-through mining expenditures, while proceeds from NFT Units will fund exploration expenses and general working capital [5] Group 2: Concurrent Non-Brokered Private Placement - The concurrent private placement raised an additional C$1,000,000 by issuing 2,000,000 units at C$0.50 each [8] - Each unit in the concurrent offering consists of one common share and one common share purchase warrant, with the warrant allowing acquisition of one common share at $0.65 for 24 months [9] - Proceeds from the concurrent offering will also be allocated to exploration expenses and general working capital [10] Group 3: Company Overview - Pan American Energy Corp. is engaged in the acquisition, exploration, and development of mineral properties containing battery and critical metals in North America [13] - The company has acquired a 75% interest in the Big Mack Lithium Project and is pursuing a 100% interest in the Tharsis REE Project [14]
Nevada Lithium Engages Epstein Research for Investor Relations and Market Awareness
Globenewswire· 2025-10-14 21:59
VANCOUVER, British Columbia, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Nevada Lithium Resources Inc. (TSXV: NVLH; OTCQB: NVLHF; FSE: 87K) (“Nevada Lithium” or the “Company”) is pleased to announce that it has entered into a marketing agreement (the “Agreement”) with Epstein Research (“ER”), led by Peter Epstein, pursuant to which Mr. Epstein will provide investor relations services to the Company in consideration for an aggregate of $10,000 (U.S.) at a rate of $2,500 (U.S.) per month for an initial term of four (4) ...
Mustang Energy Corp. Commences Drilling at Surprise Creek Uranium-Copper Project, Saskatchewan
Globenewswire· 2025-10-14 21:26
Core Insights - Mustang Energy Corp. has initiated its first diamond-drilling program at the Surprise Creek Uranium-Copper Project located in Saskatchewan, marking a significant milestone for the company [1][3] Project Overview - The Surprise Creek Project is situated 25 km northwest of the Beaverlodge Uranium District, which includes historic uranium mines [5] - The project area has shown promising surface samples with assays up to 7.98% U₃O₈ and notable historical copper drilling results [5] - Mustang Energy holds an option to acquire an 80% interest in the project from Thunderbird Resources Ltd. under an agreement dated June 3, 2025 [6] Drilling Program Details - The helicopter-supported drilling program will target priority areas along the Surprise Creek Fault Zone, focusing on historical intercepts and new targets identified through recent geophysical surveys [2] - The program aims to complete up to 2,000 meters of drilling to enhance understanding of mineralized zones [2] Company Positioning - Mustang Energy has acquired over 140,000 hectares of land, secured essential permits, and established partnerships with industry leaders and First Nations communities [3] - The company has traded over 100 million shares and raised more than $8 million, positioning itself for growth as it explores high-priority targets [3]