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Northern Lights Resources Commences Trading on the Frankfurt Stock Exchange
Thenewswire· 2026-03-27 20:15
Core Viewpoint - Northern Lights Resources Corp. has successfully listed its common shares on the Frankfurt Stock Exchange, aiming to enhance its visibility and attract European investors [1][2]. Group 1: Listing and Market Impact - The listing on the Frankfurt Stock Exchange provides Northern Lights with access to a significant pool of European institutional and retail investors, which is expected to broaden the investor base and increase trading liquidity [2]. - The CEO of Northern Lights, Luka Capin, emphasized that this listing is a crucial step in the company's growth strategy, particularly in connecting with European investors who are known for supporting mineral exploration and development [3]. Group 2: Company Projects and Stock Options - Northern Lights Resources is advancing three key projects: the Horetzky Copper Project in British Columbia, the Pup Copper Project in Yukon, and the Secret Pass Gold Project in Arizona [6]. - The company has granted stock options to directors, officers, employees, and consultants to purchase a total of 1,755,000 common shares at an exercise price of $0.075 per share, with options vesting over a period of time [3]. Group 3: Company Overview - Northern Lights Resources Corp. is characterized as a growth-oriented exploration and development company, also holding a 1% NSR royalty on the Medicine Springs Silver Project in Nevada [6].
Searchlight Resources Announces Appointment of Gary Haywood, P.Eng as Technical Advisor
TMX Newsfile· 2026-03-26 11:00
Core Insights - Searchlight Resources Inc. has appointed Gary Haywood as a Technical Advisor to its Advisory Board, bringing over 40 years of mining engineering experience [1][2][4] - The company is focused on the reopening of the Rio high-grade gold mine located in Saskatchewan, Canada [6] Company Overview - Searchlight Resources Inc. is a Canadian mineral exploration and development company primarily focused on gold in Saskatchewan, which is recognized as one of the top 10 mining investment locations globally by the Fraser Institute [6] - The Rio Gold Mine, which is 5 km from Creighton, Saskatchewan, and Flin Flon, Manitoba, is currently in the planning stages for reopening [6] Key Personnel - Gary Haywood, a licensed Mining Engineer in Saskatchewan and Yukon, has extensive experience in both underground and surface mining, specializing in various commodities including gold, coal, and uranium [2] - His previous roles include General Manager, Vice President of Project Development, and Chief Operating Officer, with a focus on narrow vein underground mining and large open cut operations [2] Stock Options - Searchlight has granted incentive stock options to its officers, directors, and consultants, allowing the purchase of up to 3,450,000 common shares at a price of $0.10 per share, with immediate vesting [5]
NexMetals Intersects 10.50 Metres of Sulphide Mineralization at Selebi Main in Drill Hole SMD-26-209, Expanding the Flexure Zone
TMX Newsfile· 2026-03-26 11:00
Core Insights - NexMetals Mining Corp. reports strong visual results from drill hole SMD-26-209, indicating significant sulphide mineralization in the Flexure Zone at the Selebi Main deposit in Botswana [1][3] - The ongoing drilling program is reinforcing the scale and continuity of the Selebi system, with potential for resource expansion beyond the 2024 Mineral Resource Estimate [1][3] Drilling Results - Drill hole SMD-26-209 intersected a 10.50 metre interval of sulphide mineralization, including 3.05 metres and 5.95 metres of massive sulphides [5][7] - Visual results from SMD-26-209 are consistent with previous hole SMD-25-205, which reported 11.05 metres of 7.31% CuEq, suggesting expansion potential within the Flexure Zone [5][8] - The presence of thick, continuous massive sulphide intervals supports the interpretation of a robust and extensive mineralized system at Selebi Main [5][8] Flexure Zone Insights - The Flexure Zone is located down-dip and down-plunge of the 2024 MRE and was identified through drilling and borehole electromagnetic (BHEM) results [9] - SMD-26-209 is positioned 350 metres southwest of SMD-25-205, further defining the emerging Flexure Zone [8][9] Ongoing Drilling Program - A total of 19,130 metres have been drilled across 8 completed holes, with additional holes in progress targeting the Flexure Zone [10] - The drilling program utilizes advanced equipment, including company-owned underground drills converted for surface use [13] Company Overview - NexMetals Mining Corp. is focused on redeveloping the Selebi and Selkirk copper-nickel-cobalt-platinum group element mines in Botswana, with ongoing efforts to expand resources and support future economic studies [18] - The company emphasizes disciplined execution and long-term stakeholder value creation, backed by an experienced management and technical team [18]
Orosur Mining Inc. Announces 43-101 Technical Report for its Anza Project
Accessnewswire· 2026-03-26 07:10
Core Viewpoint - Orosur Mining Inc. has filed a National Instrument 43-101 compliant technical report for its Anza Project in Colombia, which includes the maiden Mineral Resource Estimate for the Pepas deposit, effective from January 16, 2026, and issued on March 25, 2026 [1]. Group 1 - The technical report supports the disclosures made by the company in its announcement dated February 10, 2026 [1]. - The report is available on the company's website and SEDAR+ for public access [2]. - Orosur Mining Inc. is a minerals explorer and developer currently operating in Colombia and Argentina [3].
Nexcel Metals Corp. Expands Burnt Hill Tungsten Project to 5,677 Hectares Through Additional Claim Staking
TMX Newsfile· 2026-03-24 09:00
Core Viewpoint - Nexcel Metals Corp. has significantly expanded its Burnt Hill Tungsten Project in New Brunswick, Canada, by staking additional mineral claims, increasing the total project size to approximately 5,677 hectares from the previous 1,540 hectares, which enhances its exploration potential for tungsten mineralization [1][2][10]. Group 1: Project Expansion - The newly staked claims are strategically selected based on geological significance, covering extensions of a granite-related structural corridor associated with known tungsten mineralization [3][4]. - The expansion of the land package allows Nexcel to evaluate a broader range of targets as part of its exploration strategy [4][9]. Group 2: Upcoming Drill Program - Nexcel is advancing plans for a Phase 1 drill program scheduled for Summer 2026, which aims to increase exposure to favorable granite-associated mineralized trends and test newly identified geophysical and geological targets [5][7][8]. - The drill program will also focus on confirming and expanding known zones of tungsten mineralization and evaluating the broader mineralized system across the expanded property [8][9]. Group 3: Resource Details - The Burnt Hill tungsten/molybdenum property now hosts a NI 43-101 indicated resource of 1,761,000 tonnes averaging 0.292% WO3, along with an inferred resource of 1,520,000 tonnes averaging 0.263% WO3 [11]. - The contained metal from the indicated resource includes approximately 8.99 million pounds of tungsten and 244.64 million pounds of molybdenum [12].
Star Copper Confirms Copper Creek Mineralization
Accessnewswire· 2026-03-24 07:01
Core Insights - Star Copper Corp. has confirmed significant copper and gold mineralization at its Copper Creek and Star North targets, indicating the potential for multiple mineralized centers within its Star Project [1][5][14] Group 1: Drilling Results - The inaugural drill hole CC-25-001 at Copper Creek intersected 111.00m of 0.348% CuEq, including 57.00m of 0.614% CuEq and 15.00m of 0.779% CuEq, confirming historical mineralization [3][7][14] - The drill hole SN-25-001 at Star North confirmed the presence of a fertile porphyry-style system, although it returned lower overall grades compared to Copper Creek [6][12][14] Group 2: Geological Observations - Copper Creek drilling revealed broad, structurally controlled copper-gold mineralization, validating it as a priority satellite discovery opportunity [14] - Star North exhibited the expected intrusive-volcanic architecture and alteration patterns associated with a fertile porphyry environment [14] Group 3: Future Plans - The company is planning an aggressive follow-up drilling campaign for 2026, focusing on both Copper Creek and Star North, which are now top priority targets for expansion [4][15] - The results from the inaugural drill holes have materially improved targeting confidence for future exploration efforts across the Star Project [15]
Doubleview Gold Clarifies Preliminary Economic Assessment Results for the Hat Project; Updated Scenario B NPV Increased to C$7.27 Billion
TMX Newsfile· 2026-03-23 20:29
Core Viewpoint - Doubleview Gold Corp. has provided updates on the Preliminary Economic Assessment (PEA) for its Hat Project, highlighting significant improvements in the project's economic metrics, particularly due to the scandium recovery circuit [2][4]. Economic Assessment - The after-tax NPV(5%) for Scenario B at consensus metal prices has been revised to C$7.27 billion from C$6.94 billion, with an IRR of 19% [2] - At spot metal prices, the after-tax NPV(5%) for Scenario B increased to C$14.85 billion from C$14.52 billion, with an IRR of 32% [2] - The economic contribution of the scandium recovery circuit has been emphasized, increasing the difference in after-tax NPV between the base case (Scenario A2) and Scenario B to C$547 million [3] Project Economics - The PEA indicates a high-margin operation with an after-tax NPV(5%) of C$4.96 billion (A1), C$6.73 billion (A2), and C$7.27 billion (B) at consensus metal prices, and C$11.05 billion (A1), C$13.53 billion (A2), and C$14.85 billion (B) at spot prices [9] - The project supports a mine life of 25 years with a processing rate of 120,000 tonnes per day, underpinned by a resource base of 609 million tonnes at 0.43% CuEq in the Measured and Indicated categories [9][12] Production Profile - The project is expected to produce an average of over 74,000 tonnes of copper, 254,000 ounces of gold, 376,000 ounces of silver, and 2,700 tonnes of cobalt annually during the first 10 years [9] - Life-of-mine average production is projected at 67.6 kt Cu, 217 koz Au, 348 koz Ag, 2.5 kt Co, and 128 tonnes of scandium oxide per year [9] Capital and Operating Costs - Initial capital costs are estimated at C$3,552 million (A1), C$3,601 million (A2), and C$3,828 million (B) [42] - Average site operating costs are estimated at C$16.22 per tonne milled for Scenario A and C$21.92 for Scenario B, reflecting the additional processing requirements [47] Financial Metrics - The project generates average annual EBITDA of C$886 million (A1), C$1,071 million (A2), and C$1,284 million (B) [51] - Total post-tax free cash flow is estimated at C$10,050 million (A1), C$12,961 million (A2), and C$15,437 million (B) [52] Strategic Importance - The Hat Project is positioned as a primary North American source of copper, scandium, and cobalt, with significant contained resources [16] - The project benefits from a stable regulatory environment in British Columbia and aims to engage with local First Nations respectfully [16]
Bunker Hill Announces Graduation to the Toronto Stock Exchange and on Track for Restart of Operations in June 2026
Globenewswire· 2026-03-23 10:15
Core Viewpoint - Bunker Hill Mining Corp. has received approval to list its common shares on the Toronto Stock Exchange (TSX) and is on track to restart operations in June 2026 [1][5]. Group 1: Company Developments - The graduation to the TSX marks a significant milestone in the company's turnaround journey initiated by the new leadership team in 2020, reflecting substantial progress in building a sustainable business [2][3]. - The listing on the TSX is expected to enhance the company's profile in the global investment community, increase visibility among institutional investors, and improve trading liquidity [4][5]. Group 2: Operational Updates - The construction and commissioning of the project are currently 87% complete, with the processing plant conducting final phases of dry commissioning ahead of schedule [6]. - The concrete for the Paste Plant has been poured, and the plant is expected to arrive at the site soon, with all underground development progressing ahead of schedule [7]. Group 3: Future Outlook - The common shares are set to begin trading on the TSX on March 25, 2026, and will be concurrently delisted from the TSX Venture Exchange [5]. - The company remains focused on the restart of operations, new exploration activities, and maximizing shareholder value through 2026 and beyond [5].
Vizsla Silver (VZLA) Cut to Neutral at CIBC on Project Risk Concerns
Yahoo Finance· 2026-03-20 20:06
Core Viewpoint - Vizsla Silver Corp. (NYSEAMERICAN:VZLA) faces increased scrutiny and risk perception due to recent downgrades by financial institutions, primarily linked to operational uncertainties at its Panuco project in Mexico [1][3]. Group 1: Company Performance and Downgrades - CIBC downgraded Vizsla Silver Corp. from Outperformer to Neutral on March 6, citing uncertainties related to a security incident at the Panuco project and concerns about project timelines [1]. - National Bank previously downgraded the company to Sector Perform on February 11, indicating expected delays at the Panuco project due to operational disruptions [3]. - Both downgrades reflect the market's sensitivity to execution risks, which, if resolved, could lead to a significant re-rating of the stock [3]. Group 2: Project and Market Position - Vizsla Silver Corp. is focused on its flagship silver-gold project in Mexico, which is considered a high-quality asset [4]. - Despite facing near-term operational challenges, the company is well-positioned to benefit from rising silver demand, suggesting potential for significant upside if project execution improves [4].
Northern Lights Announces Results of Annual General and Special Meeting & Option Grants
Thenewswire· 2026-03-19 12:50
Core Viewpoint - Northern Lights Resources Corp. demonstrated strong shareholder engagement at its Annual General and Special Meeting, with approximately 38% of shares represented, indicating positive investor interest and support for the company's strategic objectives [1][2]. Shareholder Meeting Outcomes - Shareholders approved key business matters including the number of directors for the upcoming year, the appointment of the auditor, and the stock option plan [2]. - Directors elected at the meeting include Luka Capin, Steven McMullan, Gordon Tainton, and Lisa Thompson, who will serve until the next annual meeting or until successors are appointed [3]. Stock Option Plan - The company granted stock options to purchase a total of 1,335,000 common shares at an exercise price of $0.06 per share, expiring on March 18, 2028, pending acceptance by the Canadian Securities Exchange [4]. Company Overview - Northern Lights Resources Corp. is focused on growth through exploration and development of three key projects: the Horetzky Copper Project in British Columbia, the Pup Copper Project in Yukon, and the Secret Pass Gold Project in Arizona. Additionally, the company holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada [6].