Workflow
Mineral Exploration
icon
Search documents
Montero Announces Quotation on Frankfurt Stock Exchange Under the Symbol ES0
TMX Newsfile· 2025-12-15 13:31
Core Points - Montero Mining and Exploration Ltd. has announced that its common shares are now traded on the Frankfurt Stock Exchange under the symbol ES0, providing international exposure to investors in Canada, the US, and Europe [1][2] - The listing on the Frankfurt Stock Exchange was driven by shareholder demand for improved access and trading liquidity in Europe [2] - Montero holds a 100% interest in the Avispa copper-molybdenum project in northern Chile and has options to acquire additional gold projects in the Maricunga Belt, indicating a focus on mineral development [3] - The company recently settled a dispute with the Government of Tanzania for US$27 million regarding the expropriated Wigu Hill rare earth project, with approximately $15 million distributed to shareholders in July 2025 [4] Company Overview - Montero Mining and Exploration Ltd. is a Canadian exploration company focused on mineral development in emerging markets [4] - The company is listed on the TSX Venture Exchange under the symbol MON, with 8,353,833 common shares and 835,383 stock options outstanding [5]
New Earth Resources Announces Private Placement
Globenewswire· 2025-12-15 13:30
Core Viewpoint - New Earth Resources Corp. is initiating a non-brokered private placement to raise up to $1,750,000 for general working capital and eligible Canadian exploration expenses [1][3]. Group 1: Offering Details - The Offering will consist of up to 2,000,000 units priced at $0.375 each, raising gross proceeds of $750,000, and up to 2,222,222 flow-through units priced at $0.45 each, raising up to $1,000,000 [2]. - Each Unit includes one Class A common share and one Share purchase warrant, allowing the purchase of one Share at $0.50 for 36 months [2]. - Each FT Unit includes one flow-through Share and one FT Unit Warrant, allowing the purchase of one Share at $0.60 for 36 months [2]. Group 2: Use of Proceeds - Proceeds from the sale of Units will be allocated for general working capital [3]. - Proceeds from the sale of FT Units will be used for eligible Canadian exploration expenses on the Company's mineral exploration properties in Canada [3]. Group 3: Company Overview - New Earth Resources Corp. is a Canadian mineral exploration company focused on acquiring and developing advanced and early-stage exploration projects [6]. - The flagship project is the 100% owned Lucky Boy Uranium Property in Arizona, which has a history of uranium production [6]. - The Company also has options to acquire interests in additional claims in Quebec and Labrador, prospective for rare earth elements [7].
Phase 2 Drill Program Commences at Green Monster Project in Nevada
TMX Newsfile· 2025-12-15 13:29
Core Viewpoint - Glenstar Minerals Inc. has initiated the Phase 2 drill program at its Green Monster Project in Nevada, following a successful Phase 1 program that identified a new mineralized zone with high-grade zinc and other valuable minerals [1][4][15]. Drilling Program Details - The Phase 2 drill program will involve nine holes across four targeted locations along a 300-meter strike length, with specific focus on the "discovery" zone and areas previously drilled in Phase 1 [2][4]. - The drilling will utilize a track-mounted reverse circulation drill, with two holes in the primary Phase 1 area, three in the discovery zone, and two holes each at two additional sites further west [2][4]. Geophysical Data and Survey - Drill hole locations for Phase 2 were determined based on geophysical data from a recent Hybrid-Source Audio-Magnetotellurics Survey conducted in November [3]. Previous Exploration and Results - The Phase 1 drill program, conducted in May 2025, revealed a mineralized zone approximately 10 meters wide, featuring high-grade zinc (>30%) and significant assay results including 177 ppm silver (5.7 oz/t), 523 ppm nickel (0.0523%), and cobalt up to 91.9 ppm (0.0019%) [4][15]. - The mineralization was found at depths from approximately 131 meters to 142 meters, located in the hanging wall of the Green Monster Fault Zone [4]. Project Background - The Green Monster Property consists of 35 federal lode claims covering around 700 acres in Clark County, Nevada, approximately 40 miles southwest of Las Vegas [5]. - Prior to the recent drilling, no drilling had been conducted on the property, although previous sampling in 2022 indicated robust nickel-copper with anomalous cobalt, suggesting several targets suitable for shallow drilling [5][6]. Company Overview - Glenstar Minerals Inc. focuses on exploring and developing critical minerals essential for electronics and energy technologies [7]. - The company's shares are traded on multiple exchanges, including the Canadian Securities Exchange under the symbol "GSTR" [8].
Terra Balcanica Announces Proposed Spin-Out of Terra North Resources Corp.
Globenewswire· 2025-12-15 13:00
Core Viewpoint - Terra Balcanica Resources Corp. plans to spin out its Canadian uranium assets into a wholly-owned subsidiary, Terra North Resources Corp., to enhance focus on exploration and unlock shareholder value [1][4]. Group 1: Spin-Out Transaction Details - The spin-out transaction will involve transferring Terra's 591 km Saskatchewan uranium portfolio, including the Charlot–Neely Lake claim cluster, to Terra North in exchange for 15,000,000 common shares of Terra North [5]. - Terra North will engage Dahrouge Consulting Inc. to complete a NI 43-101 compliant technical report on the Charlot–Neely Lake property to support the spin-out and anticipated CSE listing [2]. - The completion of the spin-out is subject to shareholder approval, CSE approval, and compliance with applicable securities and corporate law requirements [3]. Group 2: Financial and Operational Plans - Terra North will conduct private placement financings to fund a $2 million exploration program in 2026, which will include multiple geophysical surveys and follow-up fieldwork [4][5]. - A portion of the Terra North shares will be distributed to its shareholders on a pro rata basis as a return of capital [5]. - Terra North aims to list its common shares on the Canadian Securities Exchange, targeting a listing in Q2 2026, pending regulatory approvals [5]. Group 3: Company Overview - Terra Balcanica is focused on polymetallic and energy metals exploration, targeting large-scale mineral systems in the Balkans and northern Saskatchewan, Canada [6]. - The company holds a 90% interest in the Viogor-Zanik Project in Bosnia and has a 100% optioned portfolio of uranium-prospective licenses in the Athabasca basin [6].
Yorbeau Closes Non-Brokered Private Placement
Globenewswire· 2025-12-15 12:45
Core Points - Yorbeau Resources Inc. has completed a fully-subscribed private placement, issuing 13,750,000 "flow-through" Class A common shares at a price of $0.08 per share, raising total proceeds of $1,100,000 [1][2] - The funds raised will be utilized for Canadian exploration expenses on the company's properties [2] - Four directors subscribed for a total of 10,000,000 Class A common shares, amounting to an aggregate subscription price of $800,000, which qualifies as a "related party transaction" under Multilateral Instrument 61-101 [3] Company Overview - Yorbeau Resources is a Canadian public company focused on gold and base metal exploration in Quebec, Canada [5] - The company aims to find a partner to further explore and develop its Scott Lake zinc copper deposit near Chibougamau, Quebec [5] - Yorbeau is also concentrating on exploration in the Detour, Joutel, and Selbaie regions of northwestern Quebec, including properties adjacent to ongoing exploration activities by other companies [5]
Kenorland Receives Notice of Exercise of Top-up Right from Sumitomo and Centerra
TMX Newsfile· 2025-12-15 12:30
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") announces that, further to the investor rights agreement dated November 5, 2021 (the "Sumitomo IRA") between the Company and Sumitomo Metal Mining Canada Ltd. ("Sumitomo") and the investor rights agreement dated May 28, 2024 (the "Centerra IRA") between the Company and Centerra Gold Inc. ("Centerra"), each of Sumitomo and Centerra have issued to t ...
Almadex Commences Diamond Drilling at The New Hope Copper Porphyry Project, Arizona, USA and Grants Stock Options
Globenewswire· 2025-12-15 12:30
Core Viewpoint - Almadex Minerals Ltd. has initiated a scout exploration drill program at its New Hope copper-gold porphyry prospect in Arizona, with the first hole expected to be completed after the Christmas break, and further drilling plans will be based on geological observations from this initial hole [1][2]. Group 1: Exploration Program - The exploration program at New Hope utilizes combined target vectoring techniques, including alteration and geological mapping, fluid inclusion petrography, geochemistry, and geophysics [2]. - The initial drill hole is not anticipated to be completed before the Christmas break, with further drilling plans to be determined in the New Year based on geological findings [1][2]. Group 2: Company Information - Almadex Minerals Ltd. is an exploration company with a diverse mineral portfolio that includes projects and NSR royalties in Canada, the U.S., and Mexico, resulting from extensive prospecting and deal-making by its management team [4]. - The company owns several portable diamond drill rigs, allowing for cost-effective first-pass exploration drilling conducted in-house [4]. Group 3: Management and Governance - J Duane Poliquin, Chairman of Almadex, expressed excitement about the drilling program and the potential insights it may provide [2]. - Morgan J Poliquin, PhD, PEng, serves as the President and CEO of Almadex and is a Qualified Person as defined by National Instrument 43-101, having reviewed and approved the scientific and technical contents of the news release [3].
Trident Resources Announces the Strategic Addition of Paul Kremer, M.Sc., as Exploration Manager
Globenewswire· 2025-12-15 12:30
Core Viewpoint - Trident Resources Corp. has appointed Paul Kremer as Exploration Manager to enhance its exploration efforts in Saskatchewan's gold belts, particularly focusing on the Contact Lake Gold Project [1][4]. Group 1: Appointment and Background - Paul Kremer joins Trident from SSR Mining, where he was instrumental in advancing exploration at the Seabee Gold Operation, which has produced over 2 million ounces of gold [2]. - Kremer's extensive experience in mineral exploration spans over 20 years, with a strong focus on the Canadian Shield and a background in structural geology [5][6]. Group 2: Strategic Advantages - Kremer's familiarity with the La Ronge Gold Belt, where Trident's Contact Lake Project is located, provides a strategic advantage for the company [3][6]. - The Contact Lake Project has historically been mined to a depth of approximately 340 meters, indicating significant untested depth potential compared to the Seabee/Santoy system, which extends beyond 1 kilometer [3]. Group 3: Future Plans and Expectations - The company anticipates that Kremer's expertise will be crucial in advancing exploration activities, including the ongoing 2025 drill program and the extensive 2026 campaign [4][6]. - CEO Jon Weisblatt emphasized that Kremer's technical expertise aligns with the company's goals of transitioning projects from discovery to resource delineation [4].
Almadex Commences Diamond Drilling at The New Hope Copper Porphyry Project, Arizona, USA and Grants Stock Options
Globenewswire· 2025-12-15 12:30
Core Viewpoint - Almadex Minerals Ltd. has initiated a scout exploration drill program at its New Hope copper-gold porphyry prospect in Arizona, with the first hole expected to be completed after the Christmas break, and further drilling plans will be based on geological observations from this initial hole [1][2]. Group 1: Exploration Program - The exploration program at New Hope utilizes combined target vectoring techniques, including alteration and geological mapping, fluid inclusion petrography, geochemistry, and geophysics [2]. - The initial drill hole is not expected to be completed before the Christmas break, with further drilling plans to be determined in the New Year based on geological observations [1]. Group 2: Company Information - Almadex Minerals Ltd. is an exploration company with a large mineral portfolio that includes projects and NSR royalties in Canada, the U.S., and Mexico, resulting from years of prospecting and deal-making by its management team [4]. - The company owns several portable diamond drill rigs, allowing for cost-effective first-pass exploration drilling in-house [4]. Group 3: Management and Governance - J Duane Poliquin, Chairman of Almadex, expressed excitement about the drilling program and the techniques being employed [2]. - Morgan J Poliquin, PhD, PEng, serves as the President and CEO of Almadex and has reviewed and approved the scientific and technical contents of the news release [3].
Outer Rim Exploration Launches Maiden Muon Imaging Survey for Copper Mineralisation with Transatlantic Mining
TMX Newsfile· 2025-12-15 12:30
Core Viewpoint - Transatlantic Mining Corp. has initiated a technical trial with Outer Rim Exploration to utilize a new Muon enhanced technique for identifying voids and mineralization at its Monitor Copper Gold project in Idaho, marking a significant advancement in mineral exploration technology [1][2]. Group 1: Technical and Business Impact - The deployment of ORE's portable muon hodoscope represents the first use in North America for the mining industry, aimed at evaluating the continuity and potential size of a chalcopyrite-rich copper ore zone while mapping historical mine workings [2][3]. - The muon-based tomography system is designed to enhance subsurface mapping and reduce drilling costs, providing valuable insights into orebody geometry and historical mine dimensions, which will support drill planning and cost optimization [3][4]. - The technology aims to replace guesswork in exploration with data-driven insights, enhancing the understanding of mineralization and void zones [3][4]. Group 2: Survey Objectives and Methodology - The survey will assess the lateral and vertical extension of chalcopyrite-bearing copper mineralization, previously observed at widths of 0.3 meters, and will also image subsurface voids to improve geotechnical understanding [6]. - ORE's muon hodoscope operates as a fully stand-alone, battery-powered, passive imaging platform that does not require active radiation sources or drilling, allowing for continuous autonomous scanning in various environments [5]. Group 3: Next Steps and Future Plans - After the survey, ORE will process the muon data using its AI-driven density-mapping pipeline to create 2D and 3D visualizations of subsurface density variations, which will inform Transatlantic's exploration strategy and future site deployments across North America [7]. Group 4: Company Background - Transatlantic Mining Corp. is focused on converting projects into mines within stable mining jurisdictions, holding an 80% Joint Venture position on the Monitor Copper-Gold project and 100% ownership of the Golden Jubilee Gold Project [8]. - Outer Rim Exploration is a deep-tech company specializing in portable muon tomography systems for subsurface imaging, aiming to revolutionize exploration methods in mining and infrastructure [8].