Core Insights - Hercules Metals Corp. reported significant drilling results from its 2025 campaign at the Leviathan porphyry copper discovery, indicating long intervals of continuous copper mineralization and notable silver presence [1][2][3] Drilling Results - Drill hole HER-25-05 intersected 273 meters of 0.60% copper, 77 ppm molybdenum, and 1.8 g/t silver, within a broader interval of 379 meters averaging 0.50% copper [3][4] - Drill hole HER-25-03 intersected 256 meters of 0.44% copper, 85 ppm molybdenum, and 0.9 g/t silver within 452 meters averaging 0.37% copper [3][4] - The mineralization begins at a true depth of just 110 meters below the surface in HER-25-05, indicating a shallower depth of significant mineralization [4][5] Exploration Model - A new 3D exploration model is driving positive results, allowing for systematic drilling and identification of high-grade mineralization [4][5] - The company is employing a fence-based drilling strategy to delineate the highest-grade mineralization across 200-meter spaced drill fences [8][5] Silver Potential - Recent increases in silver prices have renewed interest in the potential for the Leviathan project to be viewed as a larger-scale open-pit target, combining deeper porphyry mineralization with widespread low-grade silver in the cover rock [4][8][13] - Historical drilling data indicated extensive silver mineralization within the Hercules Rhyolite unit, which is now considered cover rock above the Leviathan porphyry [13][15] Future Catalysts - Assay results are pending for an additional seven completed drill holes, with ongoing drilling and sample shipments [4][5] - The company plans to evaluate the prospect of initiating a maiden mineral resource estimate by the end of the 2025 campaign after completing six drill fences [8][5] Company Overview - Hercules Metals Corp. is focused on developing the Leviathan porphyry copper system in Idaho, which is considered one of the most significant new discoveries in the region [26][27] - The company is well-positioned for growth, supported by strategic investments and a proven track record in precious metals projects [27][28]

Core Points - Intrepid Metals Corp. has increased its private placement financing to $6.7 million due to strong investor demand, offering up to 19,142,858 units at a price of $0.35 per unit [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with full warrants allowing the purchase of additional shares at $0.50 for 24 months [1][2] - The net proceeds will be allocated for exploration expenditures, working capital, property payments, and facilitating a strategic partnership transaction [2] Company Overview - Intrepid Metals Corp. is focused on exploring high-grade essential metals such as copper, silver, and zinc in southeastern Arizona, USA [5] - The company has several drill-ready projects, including the Corral Copper Project and the Tombstone South Project, both located in Cochise County, Arizona [5] - Intrepid is traded on the TSX Venture Exchange under the symbol "INTR" and on the OTCQB Venture Market under "IMTCF" [5]

Reno, Nevada--(Newsfile Corp. - October 10, 2025) - Scandium International Mining Corp. (TSXV: SCY) (OTC Pink: SCYYF) ("Scandium International" or the "Company") is pleased to announce that the Department of Primary Industrials and Regional Development - NSW Resources ("the Department") has granted a mining license to Scandium International's wholly-owned subsidiary, EMC Metals Australia Pty Ltd ("EMC") for its Nyngan Scandium Project in New South Wales. Mining Lease No 1893 (Act 1992) ("ML 1893") was gran ...

Highlights: High metal extractions with 99% Ni, 98% Co and 90.6% Cu confirmed in the second set of bioleaching lab-scale tests on massive sulphides from the Ferguson Lake copper – nickel – cobalt – palladium – platinum project.All base metals were extracted from each bioleaching tests at low temperatures of 52 - 65oC. The unique mineralogy of the massive sulphides enables the bioleaching process to generate sufficient heat and sulfuric acid to maintain self-sustaining reactions without the addition of acid ...

Canadian defense, construction and metal mining shares stand to benefit as Ottawa commits to increased military spending and the speeding up of major infrastructure projects that could boost the economy, investors say. ...

Core Viewpoint - Thunder Mountain Gold, Inc. is conducting a private placement to raise up to US$2,500,000 (CAD$3,500,000) through the issuance of 10,000,000 units at a price of US$0.25 (CAD$0.35) per unit, correcting an earlier misstatement regarding the number of units offered [1][3]. Group 1: Private Placement Details - The private placement consists of units, each comprising one common share and one-half common share purchase warrant, with each whole warrant allowing the purchase of an additional share at US$0.40 (CAD$0.55) for 24 months [2]. - The proceeds from the private placement will be allocated for exploration and general working capital [3]. - The private placement is subject to regulatory approval and may be completed in one or more tranches [2][3]. Group 2: Regulatory and Legal Considerations - The private placement will be conducted exclusively for accredited investors and will not be registered under the U.S. Securities Act, thus restricting its sale within the United States [4]. - Securities issued in the private placement will be classified as "restricted securities" and will be subject to a four-month hold period [4]. Group 3: Company Overview - Thunder Mountain Gold, Inc. is a junior exploration company with interests in base and precious metals projects in the western U.S., primarily focusing on The South Mountain Mine and the Trout Creek Project [6]. - The South Mountain Mine is a polymetallic project with high-grade deposits of zinc, silver, gold, and copper, located approximately 70 miles southwest of Boise, Idaho [7]. - The company has invested approximately US$25 million into the South Mountain Project since acquiring it in 2007, with historical mining yielding significant mineralized material [7][8].

Core Insights - Prismo Metals Inc. has announced expanded drilling plans at the Silver King project in Arizona following the receipt of final assay results, which indicate high-grade mineralization in both silver and copper [1][2][23]. Summary by Category Assay Results - The final assay results include significant overlimit values: 757 g/t Ag, 1.5% Cu, 6.7% Pb, and 11.5% Zn from a newly discovered polymetallic vein, and 619 g/t Ag and 511 g/t Ag from samples taken at the Silver King shaft area [1][2]. - Overlimit copper assays ranged from 1.11% to 2.43% for three samples from the replacement mineralization area, indicating promising mineralization potential [2]. Geological Insights - The Silver King project features a newly described polymetallic vein and a copper vein, with geological mapping indicating various types of mineralization [4][7]. - The Silver King mine is strategically located 3 km from the Resolution Copper deposit, which is one of the largest unmined copper deposits globally, with an estimated resource of 1.787 billion metric tonnes at an average grade of 1.5% copper [23]. Drilling Plans - Initially, a drill program of about 1,000 meters was planned to test the upper half of the Silver King mineralized body and adjacent areas [8]. - Following recent discoveries, the company plans to add a second phase of drilling for an additional 1,000 meters, focusing on newly identified targets, including the polymetallic and copper veins [9][13]. Historical Context - The Silver King mine has a rich history, having produced nearly 6 million ounces of silver at grades up to 61 oz/t, with recent small-scale production samples returning grades as high as 644 oz/t silver [23]. Company Overview - Prismo Metals Inc. is focused on advancing its Silver King, Ripsey, and Hot Breccia projects in Arizona, as well as its Palos Verdes silver project in Mexico [24].

Core Viewpoint - Magna Mining Inc. has successfully closed a brokered offering of common shares, raising approximately $50 million in gross proceeds, which will be utilized for advancing its properties and for general expenses [1][4]. Group 1: Offering Details - The offering consisted of 20,833,300 common shares sold at a price of $2.40 per share [1]. - The offering was facilitated by a syndicate of agents led by Canaccord Genuity Corp., Desjardins Capital Markets, and SCP Resource Finance LP, among others [2]. - The net proceeds will be allocated to advance the Company's existing properties in Sudbury, Ontario, and for general administrative expenses [4]. Group 2: Financial Aspects - The Company paid the agents a cash commission totaling $2,037,962.40 and an additional finder's fee of $225,000 [4]. - The offering was completed under the "listed issuer financing" exemption, meaning the shares are not subject to a hold period under Canadian securities laws [3]. Group 3: Company Overview - Magna Mining Inc. operates in the Sudbury mining district of Ontario, focusing on copper, nickel, and platinum group metals [6]. - The primary asset is the McCreedy West Mine, which is currently in production, supported by other past-producing properties [6]. - The Company aims to unlock long-term shareholder value through production and exploration opportunities [8].

Core Viewpoint - RecycLiCo Battery Materials Inc. and Alaska Energy Metals Corp. have entered into a Memorandum of Understanding to explore the use of RecycLiCo's hydrometallurgical processing technology for refining metal concentrates from AEMC's Nikolai deposit, which contains several critical minerals [1][3]. Company Overview - RecycLiCo specializes in critical minerals refining and lithium-ion battery upcycling, utilizing advanced hydrometallurgical technologies to recover essential metals from end-of-life batteries and manufacturing scrap [4]. - Alaska Energy Metals Corp. focuses on sustainably delivering critical materials for national security and energy needs, with a commitment to generating superior returns for shareholders [5]. Partnership Details - The partnership will begin with AEMC supplying metal concentrate samples and related data to RecycLiCo's U.S. subsidiary, RUMR, for testing the recovery of nickel and other metals [2]. - The ultimate goal is to develop a co-located hydrometallurgical processing facility at the Nikolai project site following successful testing [2]. Strategic Importance - This collaboration aligns with U.S. national objectives to enhance domestic critical mineral supply chains, particularly in light of geopolitical tensions and reliance on foreign entities for essential minerals [3]. - The Nikolai deposit is significant as it contains seven U.S. Government-designated Critical Minerals, including nickel, cobalt, copper, and platinum, which are vital for various industrial applications [1][7].

Core Insights - Sunrise Energy Metals Limited has received a Letter of Interest from the Export-Import Bank of the United States for potential debt financing of up to US$67 million for the Syerston Scandium Project [2][8] - The Syerston Scandium Project is noted for containing the world's largest and highest-grade scandium deposit, which is crucial for supporting reliable supply chains for US industries [3][5] - The financing from EXIM is part of initiatives aimed at enhancing supply chain resiliency and is eligible for a repayment term of up to 15 years [3][4] Company Developments - The company is encouraged by EXIM's support, which is expected to strengthen customer engagement and secure off-take arrangements as the project moves towards a final investment decision [5][8] - A feasibility study is currently in progress, with completion anticipated in mid- to late-October 2025, to incorporate new metal inventories and optimize the mine plan [6][8] - The financing amount represents approximately half of the estimated development cost for the Syerston Scandium Project, highlighting its strategic importance following China's export controls on rare earth metals [8]