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Falco Commences Broad Exploration Program Across the Noranda Camp
Globenewswire· 2025-11-05 13:30
Core Viewpoint - Falco Resources Ltd. is initiating a major exploration initiative in the Noranda Mining Camp, utilizing an Airborne Gravity Gradiometry survey to identify new Volcanogenic Massive Sulfide deposits, marking a significant opportunity for new discoveries in the region [1][2]. Group 1: Exploration Initiative - The exploration initiative will commence with an Airborne Gravity Gradiometry survey over the next month, which is the first of its kind in the region [1]. - The survey will cover 280 square kilometers, including 13 former mining sites, and aims to identify new near-surface VMS type deposits [2][4]. - The survey will be conducted by Xcalibur MPH (Canada) Ltd. using their advanced Falcon system, providing high-resolution mapping with a 100-meter line spacing [2]. Group 2: Historical Context and Potential - Falco is the largest claim holder in the Noranda Camp, which has historically produced over 19.0 million ounces of gold equivalent [1]. - The combination of modern exploration technology and extensive historical data compilation presents a compelling opportunity to discover more VMS type deposits around the Horne 5 Project Complex [2][4]. - The majority of the rhyolitic units in the area remain untested, indicating significant potential for new discoveries [4]. Group 3: Survey Results and Future Plans - Results from the survey are expected to be analyzed in December 2025, which will complement existing geological data and help define priority exploration targets [5]. - The integration of high-precision topographic data from a government-managed LIDAR survey will assist in understanding the structural controls of high-grade mineralization [5]. Group 4: Company Overview - Falco holds rights to approximately 63,000 hectares in the Noranda Camp, representing 63% of the camp, and includes 13 former mining sites for gold and base metals [9]. - The main asset of the company is the Horne 5 project, located beneath the former Horne mine, which produced 11.6 million ounces of gold and 2.5 billion pounds of copper from 1927 to 1976 [9]. - Osisko Development Corp. is the largest shareholder of Falco, holding approximately 16% of the corporation [9].
StrikePoint Gold Announces Upsize of LIFE Offering
Newsfile· 2025-11-03 12:30
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2025) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) ("StrikePoint" or the "Company") is pleased to announce that, as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement offered under the Listed Issuer Financing Exemption (the "LIFE Offering") dated October 29, 2025.The LIFE Offering will now consist of up to 20,797,460 units (the "Units") of the Company price of CAD ...
Signature Resources Announces Closing of Upsized Non-Brokered Private Placement
Newsfile· 2025-10-30 23:03
Toronto, Ontario--(Newsfile Corp. - October 30, 2025) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ("Signature" or the "Company") is pleased to announce that it has closed its non-brokered private placement offering (the "Offering") and is issuing 23,000,000 charity flow-through units ("Charity FT Units"), 10,458,401 flow-through units ("FT Units") and 18,533,298 non-flow-through units ("NFT Units") for gross proceeds of to C$3,417,835 These totals exclude the issuance of NFT Units for ...
Aya Gold & Silver Sponsors First Canadian-Moroccan Team of the 2026 Rallye Aïcha Des Gazelles
Globenewswire· 2025-10-30 15:30
Company Overview - Aya Gold & Silver Inc. is a Canadian-based silver producer with operations in Morocco, specifically the high-grade Zgounder Silver Mine [8] - The company is the only pure-play silver mining corporation listed on the Toronto Stock Exchange [8] - Aya Gold & Silver employs over 1,700 individuals and subcontractors in Morocco, reflecting its social commitment and integration into the local economy [5] Recent Developments - Aya Gold & Silver has partnered with the "Karibous du Sahara" crew for the 2026 Rallye Aïcha des Gazelles, promoting women's courage and solidarity [2][4] - The event will take place from April 1 to 11, 2026, marking the 35th anniversary of the rally [7] - The company will share the team's progress and behind-the-scenes moments on its social media platforms [7] Leadership and Vision - Benoit La Salle, President and CEO, emphasized the company's commitment to building bridges between Canada and Morocco through this initiative [4] - The management team is focused on maximizing shareholder value while anchoring sustainability at the core of its operations and growth plans [9]
Aya Gold & Silver Sponsors First Canadian-Moroccan Team of the 2026 Rallye Aïcha Des Gazelles
Globenewswire· 2025-10-30 15:30
Core Points - Aya Gold & Silver Inc. announces partnership with "Karibous du Sahara" crew for the 2026 Rallye Aïcha des Gazelles, emphasizing support for women's empowerment and cultural connections between Canada and Morocco [1][3][4] - The event will take place from April 1 to 11, 2026, marking the 35th anniversary of the rally, with Aya as the main sponsor alongside Mx2 Mining and Falcon Energy Materials [7] Company Overview - Aya Gold & Silver Inc. is a Canadian-based silver producer operating in Morocco, known for its high-grade Zgounder Silver Mine and exploration of properties along the Anti-Atlas [8] - The company employs over 1,700 individuals in Morocco, showcasing its commitment to social responsibility and integration into the local economy [4] Management and Strategy - The management team of Aya is focused on maximizing shareholder value through sustainable practices in operations, governance, and financial growth [9]
BULGOLD Commences Drilling on the Lutila Gold Project
Globenewswire· 2025-10-30 11:15
TORONTO, Oct. 30, 2025 (GLOBE NEWSWIRE) -- BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) announces that it has commenced exploration diamond drilling on the Lutila Gold Project located in Central Slovakia. The Lutila exploration licence covers an area of 32.2km² and is prospective for quartz-adularia, low-sulfidation epithermal gold mineralisation. The Company will be drill testing the Horna Klapa target area; planned drill hole details as follows: HOLEIDX_UTM34NY_UTM34NZ_UTM34NPL_depth (m)PL_azimu ...
StrikePoint Gold Announces Non-Brokered Private Placement LIFE Offering of up to $3 Million
Newsfile· 2025-10-29 23:09
Core Points - StrikePoint Gold Inc. has announced a non-brokered private placement under the Listed Issuer Financing Exemption (LIFE Offering) for gross proceeds of up to CAD $3 million [1][6] - The offering will consist of up to 20,000,000 units priced at CAD $0.15 per unit, each unit comprising one common share and one warrant [2][3] - The company intends to use the net proceeds for exploration activities at its two Nevada-based projects, the Hercules Gold Project and the Cuprite Gold Project, as well as for general working capital [6] Offering Details - Each warrant is exercisable into one common share at an exercise price of CAD $0.30 for a period of 24 months from closing [2] - The LIFE Offering is available to purchasers residing in Canada, except Québec, and the securities will not be subject to a hold period under applicable Canadian securities laws [3] - The company may pay finders' fees and issue finders' warrants to eligible persons in connection with the LIFE Offering [5] Insider Participation - The company anticipates that insiders will subscribe for units, which is considered a related party transaction [7] - The participation of insiders will not exceed 25% of the fair market value of the company's market capitalization, allowing the company to rely on exemptions from formal valuation and minority shareholder approval requirements [7] Company Overview - StrikePoint Gold Inc. is focused on building precious metals resources in the Western United States and Canada, holding approximately 145 square kilometers of mineral claims [11] - The management team has extensive experience in exploration, finance, and engineering, with a history of successful transactions in the mining sector [12]
Lodestar Metals Closes First Tranche of Financing
Newsfile· 2025-10-24 22:48
Core Points - Lodestar Metals Corp. has closed the first tranche of its non-brokered private placement financing, issuing 14,982,068 units at a price of $0.075 per unit, resulting in gross proceeds of $1,123,655.10 [1] - Each unit consists of one common share and one-half of a share purchase warrant, with the warrants allowing the purchase of additional shares at $0.12 for two years [2] - The proceeds from the offering will be allocated for exploration and drilling on the Goldrun Project in Nevada, as well as for working capital [4] Financial Details - The first tranche raised a total of $1,123,655.10 through the issuance of 14,982,068 units at $0.075 each [1] - A cash fee of $15,939.15 was paid to finders, along with the issuance of 212,522 Finder's Warrants, which are exercisable at $0.12 for two years [3] Project Focus - Lodestar Metals is focused on advancing the Goldrun Project in Nevada, which is strategically located on a major Carlin-style gold trend and near significant gold deposits [6] - The company's strategy emphasizes capital allocation towards high-value targets and rapid development of known mineralization to build a compliant gold resource [6]
Pelangio Exploration Completes Final Tranche of Private Placement for Aggregate Gross Proceeds of $4,500,000
Newsfile· 2025-10-22 22:52
Core Points - Pelangio Exploration Inc. has completed the final tranche of a non-brokered private placement, raising a total of $4,500,000 [2] - The first tranche raised $3,462,600 from 19,236,668 units at a price of $0.18 per unit, while the final tranche raised $1,037,399.76 from 5,763,332 units at the same price [2][3] Summary by Sections Private Placement Details - The final tranche consisted of units that included one common share and one half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at $0.31 until October 9, 2027 [3] - Finder's fees paid to securities dealers totaled $453,396.32 in cash, along with non-transferable finder's warrants for the purchase of 2,371,130 common shares at $0.18 per share until October 9, 2027 [4] Insider Participation - Certain insiders purchased 702,832 units in the final tranche, qualifying as a related party transaction, but the company was exempt from formal valuation and minority approval requirements [5] Company Overview - Pelangio Exploration focuses on acquiring and exploring gold properties in Ghana and Canada, with significant properties including the Manfo property and the Obuasi property adjacent to a major mine [7]
Precore Gold Closes Second Tranche of Private Placement
Globenewswire· 2025-10-22 16:53
VANCOUVER, British Columbia, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Precore Gold Corp. (CSE: PRCG) (the “Company” or “Precore Gold”) is pleased to announce that further to its news releases of August 21, September 9, September 18, 2025 and October 3, 2025, it has closed the second and final tranche (the “Second Tranche”) of its previously-announced non-brokered private placement (the “Private Placement”). The Second Tranche consisted of 2,081,662units of the Company (the “Units”) at a price of C$0.18 per Unit fo ...