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NexMetals Step-Out Holes at Selebi North Validate Down-Plunge Continuity
Thenewswire· 2025-10-09 12:30
Core Insights - NexMetals Mining has confirmed significant mineralization at Selebi North, with a 32.60-meter continuous mineralization interval, including 19.90 meters of massive sulphide [1][8][22] Company Overview - NexMetals Mining owns two previously producing Cu-Ni-Co mines in Botswana, a mineral-rich Tier 1 mining jurisdiction [2] - The Selebi mining complex has a history of production, with operations running for over four decades and a capacity of up to 10,000 tonnes per day [2] Recent Developments - The recent drilling results at Selebi North validate the continuity of mineralization and will be incorporated into an updated Mineral Resource Estimate (MRE) [5][22] - The drilling program at Selebi North has been aggressive, with multiple significant results reported over the past six months, including a notable 27.55 meters of 4.97% CuEq [10] Infrastructure and Operations - The Selebi North Mine is equipped with a 3.5-meter diameter shaft and a twin 7° decline trucking ramp, facilitating efficient drilling campaigns [5][6] - The infrastructure supports cost-effective exploration and development activities [6] Market Context - There is a growing demand for critical metals, particularly copper, driven by the green energy transformation, with copper prices increasing by 109% over the last five years [21] - Botswana's government is focusing on diversifying its economy beyond diamonds, with copper production seen as a key area for economic growth [18][19] Future Prospects - The results from the recent drilling will support potential resource expansion at Selebi North, with additional assays pending for further confirmation of mineralization scale and continuity [22]
Clean Air Metals PEA Delivers C$219.4 M pre-tax NPV, 39% IRR for the Thunder Bay North Project
Accessnewswire· 2025-10-09 11:00
THUNDER BAY, ON / ACCESS Newswire / October 9, 2025 / Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV:AIR)(FRA:CKU)(OTCQB:CLRMF) is pleased to announce results from an independent Preliminary Economic Assessment (PEA) and updated resource that was completed for its Thunder Bay PGE-Cu-Ni Project near Thunder Bay, Ontario, Canada. The PEA outlines an 11-year mine life (+ 2 years of pre-production activities) producing 2,500 tonnes per day from a near-surface, ramp-access underground operatio ...
Sterling Metals Summer Field Program Discovers Bornite in Outcrop Across a 6km Corridor and Appoints Dr. Neil O'Brien as Chief Geologist
Accessnewswire· 2025-10-08 11:30
TORONTO, ON / ACCESS Newswire / October 8, 2025 / Sterling Metals Corp. (TSXV:SAG)(OTCQB:SAGGF) ("Sterling" or the "Company") is pleased to announce the discovery of large-scale bornite in outcrop and the appointment of Dr. Neil O'Brien as Chief Geologist. Concurrent with its ongoing drill program, regional exploration has expanded the surface footprint of copper mineralization at the Company's Soo Copper Project, located near Sault Ste. ...
POET, ORCL, BURU, GLTO, TMC: 5 Trending Stocks Today - Galecto (NASDAQ:GLTO), Nuburu (AMEX:BURU)
Benzinga· 2025-10-08 01:35
Market Overview - Major U.S. indices closed lower, with the Dow Jones Industrial Average down 0.2% to 46,602.98, the S&P 500 down nearly 0.4% to 6,714.59, and the Nasdaq down about 0.7% to 22,788.36 [1] POET Technologies Inc. - POET Technologies shares increased by 23.51%, closing at $7.88, with an intraday high of $8.13 and a low of $6.47, within a 52-week range of $3.10 to $8.13 [2] - The company announced a non-brokered private placement, raising US$75 million through the sale of 13.6 million shares and accompanying warrants, marking the largest investment in its history. The funds will be used for corporate development, R&D expansion, and scaling its AI-related light source business [3] Oracle Corp - Oracle's stock fell by 2.52%, ending at $284.24, with fluctuations between $293.22 and $271, and a 52-week range from $118.86 to $345.72. The decline was attributed to financial challenges related to renting Nvidia chips, resulting in a nearly $100 million loss last quarter, with a gross profit margin from these rentals averaging around 16% over the past year [4] NUBURU Inc. - NUBURU's stock surged by 86.27%, closing at $0.48, with an intraday range of $0.50 to $0.30, and a 52-week high of $1.60 and low of $0.12. In after-hours trading, the stock spiked 24.5% to $0.59, following the announcement of its defense subsidiary's acquisition of Orbit S.r.l., enhancing its capabilities in defense software [5] Galecto Inc. - Galecto's stock skyrocketed by 383.02%, closing at $17.92, with an intraday high of $31.70 and a low of $16.40, within a 52-week range of $2.01 to $31.70. However, shares declined by 25.6% in after-hours trading to $13.33 [6] - The surge in Galecto's shares occurred despite the absence of company news, indicating speculative activity. The company reported having $10.2 million in cash at the end of June 2025 and anticipates needing additional capital for its cancer and liver disease programs [7] TMC The Metals Company - TMC The Metals Company shares rose by 20.21%, closing at $9.28, with an intraday high of $9.55 and a low of $7.96, and a 52-week range from $0.72 to $9.55. The rally was driven by investments in the metals sector by the Trump administration, increasing interest in rare earths and battery metals [8]
Trilogy Metals Stock Skyrockets 231%
RTTNews· 2025-10-07 17:45
Core Viewpoint - Trilogy Metals Inc. experienced a significant stock surge of 231.82 percent, attributed to a binding letter of intent with the U.S. Department of War for investment in mineral projects [1]. Group 1: Stock Performance - The stock price increased by $4.85, reaching $6.93 on Tuesday, with current trading at $7.00 compared to a previous close of $2.09 [1][2]. - Shares opened at $7.23 and have fluctuated between $5.96 and $7.98 during the trading day, with an exceptionally high trading volume of 158.4 million shares, far exceeding the average of 967,000 shares [2]. - Over the past 52 weeks, Trilogy Metals shares have ranged from $0.47 to $7.98 [2]. Group 2: Agreement Details - The agreement involves collaboration with South32 Limited and Ambler Metals LLC, focusing on advancing exploration and development of Trilogy's Upper Kobuk Mineral Projects in Alaska [3]. - The initiative is led by the Office of the Undersecretary of Defense for Acquisitions and Sustainment and the Office of Strategic Capital [3].
American Pacific Congratulates Trilogy Metals on Ambler Project Milestone and Highlights New Era for Mining in Alaska
Newsfile· 2025-10-07 15:00
Core Insights - American Pacific Mining Corp. congratulates Trilogy Metals on the advancement of the Ambler Road Project, which has received reauthorization for necessary permits under the Trump Administration, marking a significant milestone for mining in Alaska [1][2][3] Industry Developments - The Ambler Road Project is expected to provide critical road access to a significant undeveloped copper and polymetallic mineral belt, enhancing U.S. domestic mineral supply chains and addressing national interest, energy security, and economic necessity [2][3] - The Trump Administration's focus on resource development in Alaska, including streamlined permitting and federal investment, has created a favorable policy and investment climate for responsible mining [3][4] Company Positioning - American Pacific's Palmer Project shares similarities with the Ambler Project, both being strategic polymetallic deposits with strong geological foundations and potential economic benefits for Alaskan communities and the U.S. [4] - The current policy environment is seen as strengthening opportunities for development and investment across Alaska, with a positive outlook for new projects meeting technical and environmental standards [4] Company Overview - American Pacific Mining Corp. is focused on precious and base metals exploration and development in the Western United States, with flagship assets including the 100%-owned Palmer Project in Alaska and the Madison Project in Montana [5]
Trilogy Metals Applauds President Trump's Decision to Grant Permits for the Ambler Access Project to Enable the Development of Critical Minerals in Alaska
Prnewswire· 2025-10-06 23:54
Core Points - Trilogy Metals Inc. announced that President Trump granted permits for the Ambler Access Project, reversing a previous decision by the Biden Administration [2][3] - The Ambler Road is a proposed 211-mile industrial-use road aimed at facilitating mining activities in the Ambler Mining District, which contains rich copper-dominant polymetallic deposits [4][5] - The project is expected to provide long-term economic benefits to local communities while adhering to environmental protections [6][7] Company Overview - Trilogy Metals holds a 50% interest in Ambler Metals LLC, which owns the Upper Kobuk Mineral Projects in northwestern Alaska, known for its high-grade copper and cobalt mineralization [10] - The company aims to develop the Ambler Mining District into a leading North American copper producer while respecting local subsistence livelihoods [10] Project Significance - The Ambler Road is considered critical infrastructure for securing domestic supply chains for essential minerals like copper, cobalt, zinc, and lead, which are vital for energy and defense sectors [5][9] - The project has garnered support from federal agencies and local authorities, highlighting a commitment to responsible resource development in Alaska [7][9]
Blue Moon Commences Construction of Exploration Decline at its Blue Moon Mine in Mariposa County, California
Prnewswire· 2025-10-06 10:45
Core Points - Blue Moon Metals Inc. has officially commenced construction of the exploration decline at its Blue Moon VMS project in Mariposa County, California, on October 5, 2025 [1][2] - The decline will facilitate underground access for infill and exploration drilling, geotechnical and metallurgical test work, and studies of underground mining conditions, which are essential for future feasibility studies and potential mine commercialization [2][3] - The CEO of Blue Moon emphasized that this construction marks a transformative moment for the company, allowing for accelerated exploration drilling while maintaining a minimal surface footprint [3] Project Development - The initial 2,500 feet of the exploration decline is expected to be completed by Q2-2026, with exploration drilling activities starting concurrently from underground [3] - The company is committed to supporting the economic and social development of local and regional communities [3] Investor Relations - Blue Moon has entered into an agreement with SRC Swiss Resource Capital AG for investor relations and communications services in Europe, effective October 6, 2025, for one year [4] - SRC will provide various services, including communication with existing and potential shareholders, media creation, and representation at trade and investment shows, for a fee of 5,000 CHF per month [4] Company Overview - Blue Moon is advancing three brownfield polymetallic projects, including the Nussir copper-gold-silver project and the NSG copper-zinc-gold-silver project in Norway, and the Blue Moon zinc-gold-silver-copper project in the United States [6] - The projects are strategically located with existing local infrastructure, and zinc and copper are recognized as critical metals for the global economy and national security [6]
C3 Metals CEO shares insights into company's drill programs in Peru and Jamaica – ICYMI
Proactiveinvestors NA· 2025-10-04 12:53
C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) CEO Dan Symons spoke with Proactive about the company’s fully funded drill programs underway in Peru and Jamaica. Symons provided detail on the commencement of diamond drilling at the Khaleesi project in Peru. He explained that the project is located near several major operations, including Las Bambas and Constancia, and that C3 Metals has consolidated a 310km² land package in the area. The first-ever drill program at Khaleesi targets large copper soil anomalies and ...
Coeur to Participate in Upcoming Conferences
Businesswire· 2025-10-03 20:30
Core Points - Coeur Mining, Inc. announced participation in upcoming investor conferences [1] - Chairman, President, and CEO Mitchell J. Krebs will present at the John Tumazos Very Independent Research Virtual Metals Conference on October 7, 2025 [1] - Senior Vice President and Chief Financial Officer Thomas S. Whelan will also participate in the conferences [1]