NEW YORK, March 24, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Brixton Metals Corp. (TSX-V: BBB; OTCQX: BBBXF), a Canadian exploration company focused on the advancement of its mining projects, has qualified to trade on the OTCQX® Best Market. Brixton Metals Corp. upgraded to OTCQX from the OTCQB® Venture Market. Brixton Metals Corp. begins trading today on OTCQX under the symbol “BBBXF.” ...

BTU Closes Oversubscribed Financing ELEMENT--Back to the NewsroomBTU Closes Oversubscribed FinancingVANCOUVER, BC / ACCESS Newswire/ March 23, 2026 / BTU METALS CORP. ("BTU" or the "Company") (TSXV:BTU)(OTCQB:BTUMF) is pleased to announce it has closed its previously announced non-brokered private placement (see news release dated March 17, 2026), which is oversubscribed, for aggregate gross proceeds of $663,900 (the "Private Placement"). The financing consisted of 11,065,000 units (the "Units") priced at $ ...

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2026) - Dixie Gold Inc. (TSXV: DG) ("Dixie Gold" or the "Corporation" or the "Issuer") reports that Ryan Kalt resigned after-market close on March 19, 2026 from all officer positions with the Issuer.Mr. Kalt formerly served as the Issuer's Chief Executive Officer, President and Corporate Secretary.The Corporation expresses its appreciation to Mr. Kalt for his efforts in helping to secure and build the Issuer's Canadian-focused exploration portfolio a ...

NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Sitka Gold Corporation (TSX-V: SIG; OTCQX: SITKF), a Canadian based mining exploration company, has qualified to trade on the OTCQX® Best Market. Sitka Gold Corporation upgraded to OTCQX from the OTCQB® Venture Market. Sitka Gold Corporation begins trading today on OTCQX under the symbol “SITKF.” U.S. investors can find current ...

Core Insights - The completion of Hole 1 (DDH-26-01) at the West-Advocate natural hydrogen project provides significant geological data, marking a milestone for the exploration program [4][5][20] - Drilling of Hole 2 (DDH-26-02) has reached approximately 500 meters, targeting structurally favorable zones with identified geophysical anomalies [2][3][20] Geological and Structural Observations - The drilling results from Hole 1 reveal a large volume of highly deformed grey siltstones with abundant fault surfaces, indicating a transpressional tectonic regime [22][23] - The geological framework of the Cobequid-Chedabucto Fault Zone (CCFZ) extends over 300 kilometers and is characterized by fault-focused environments that may facilitate fluid migration [10][21][24] Exploration Model and Methodology - The R2G2™ exploration model, developed in collaboration with Prof. Marc Richer-Laflèche, integrates regional tectonic analysis and geophysical anomalies to identify favorable geological environments for natural hydrogen [26][27] - The model considers the presence of highly fractured rock volumes that enhance fracture porosity and permeability, promoting gas migration [17][27] Company Developments - Québec Innovative Materials Corp. (QIMC) has granted 5,400,000 stock options to directors, employees, and consultants, exercisable at $2.00 per share for two years [25] - The company is committed to sustainable development and innovation, focusing on clean energy solutions and the exploration of natural hydrogen and high-grade silica assets [28]

Core Insights - The completion of Discovery Hole DDH-26-01 at the West-Advocate hydrogen project has confirmed the presence of a persistent hydrogen-bearing system starting at approximately 505 meters depth, with visible gas bubbles observed at the drill head [1][7][26] - The hydrogen concentrations recorded exceeded the detection limits of the GA5000 gas analyzer on multiple intervals, indicating a significant hydrogen resource that current instruments cannot fully characterize [2][21] - The findings position the company as a leader in the natural hydrogen exploration sector, with independent validation from a prominent geochemical institution [4][22] Drilling and Sampling Details - Drilling of Hole 2 is currently underway, targeting structural zones similar to those identified in DDH-26-01, with ongoing gas monitoring and water sampling [5][30] - Water sampling methodology involved collecting samples from the wellhead, with analyses conducted using standard headspace gas measurements [6] - The sampling period for headspace gas ranged from depths of 368 m to 710 m, conducted between February 25 and March 5, 2026 [6] Hydrogen Concentration Findings - At 638 meters, gas bubbles were observed, confirming the presence of free hydrogen escaping the formation [7] - Sustained hydrogen concentrations were recorded from 505 m to 680 m, with independent verification confirming concentrations of 2,150 ppmV in diluted wellhead water [8][27] - The deepest section drilled (683 m to 711 m) maintained active hydrogen readings, indicating a continuous hydrogen system [9][20] Methane and CO₂ Analysis - Methane was recorded at concentrations below detection limits in 97.3% of samples, indicating a hydrogen-dominant gas system with no thermogenic hydrocarbon association [10][11] - CO₂ levels were also low, with 97.3% of samples showing only 0.1% by volume, further supporting the presence of a pure inorganic hydrogen source [11] Dilution Factors and Implications - The dilution factors for the hydrogen measurements are estimated to range from 100 to 10,000 times, meaning surface measurements represent only a fraction of the true hydrogen concentrations at depth [12][18] - The confirmed 2,150 ppmV surface measurement suggests potential in-situ formation concentrations exceeding approximately 215,000 ppmV, indicating a significant hydrogen resource [15][19] Geological Context - The geological characteristics of the drill cores from 570 m to 680 m support the gas data, indicating active structural pathways for hydrogen migration [29] - The findings validate the exploration model applied by the company for targeting natural hydrogen along the Cobequid-Minas Fault Zone [23] Future Steps - The company plans to continue drilling with Hole 2, targeting deeper portions of the interpreted structural system, alongside ongoing gas geochemistry analysis and isotopic studies [30]

Core Viewpoint - Prismo Metals Inc. has successfully completed a transaction with Blade Resources Inc., transferring its rights in the Hot Breccia copper project to Blade, while retaining a significant stake in Blade [1][10][12]. Transaction Details - Prismo received 6,755,000 common shares of Blade and a cash payment of $185,000, making it the largest single shareholder with approximately 24% ownership [10][12]. - The transaction is expected to enhance Prismo's access to capital for the Hot Breccia drill program without diluting its shareholders [12][17]. Drilling Update at Silver King - The first drill hole at the Silver King project reached a depth of 477 feet (145 meters) and successfully intersected mineralized zones, confirming the presence of silver minerals [3][5]. - The current drilling program is fully funded and aims to test the upper portion of the mineralized body, with an initial estimate of 1,000 meters of diamond drilling planned [3][5]. - The second drill hole is currently at a depth of 155 feet, with further drilling anticipated to explore deeper levels and adjacent areas [3][5]. Geological Context - The Silver King and Magma Mines share a similar geological framework, with Silver King featuring silver-dominant veins and potential for deeper copper mineralization [6][5]. - The mineralization at Silver King is characterized by epithermal-mesothermal silver veins, contrasting with Magma's copper-focused deposits, indicating potential for polymetallic extensions [6][5]. Strategic Focus - The company will concentrate on advancing its remaining projects in Arizona, specifically Silver King and Ripsey Gold, while Blade focuses on the Hot Breccia project [17]. - Prismo has the right to nominate a representative to Blade's board and has participation rights in future equity offerings to maintain its ownership percentage [17][12].

Core Viewpoint - Lancaster Resources Inc. announces the resignation of director Penny White and the appointment of Rob Heaslop to the Board of Directors, reflecting a strategic shift in leadership to enhance shareholder value and support ongoing projects [1][2][4]. Group 1: Director Changes - Penny White resigned from her position as a director effective March 3, 2026, and the Board expressed gratitude for her contributions [1]. - Rob Heaslop has been appointed as a director effective immediately, bringing 20 years of experience in exploration and resource development [2][3]. Group 2: Rob Heaslop's Background - Mr. Heaslop is a geologist with expertise in project generation and early-stage targeting for precious and base metal deposits, having worked in Africa, Australia, and the Pacific [3]. - He holds a Bachelor of Science (Hons) in earth science and geology from The University of Queensland and has founded MRG Resources Pty Ltd, focusing on exploration opportunities in Australia [3]. Group 3: Company Strategy and Projects - The appointment of Mr. Heaslop is seen as a strategic move to strengthen Lancaster's leadership and enhance its capabilities in the mining industry [4]. - Lancaster Resources is focused on developing its Lake Cargelligo gold project, Lac Iris polymetallic asset, and other critical mineral assets [4]. - The company holds a 100% interest in the Lake Cargelligo Gold Project, covering approximately 62,300 hectares, and has additional assets in Quebec and Saskatchewan [6].

Core Insights - The drilling at the West Advocate Project has confirmed a new 72 m hydrogen-associated structural zone between 354 and 426 metres depth, marking the largest hydrogen-bearing interval identified to date [1][4][14] - The structural zone is distinct from previously identified hydrogen-bearing corridors, indicating a complex and extensive natural hydrogen system [2][4][14] - The presence of pressurized bubbling water and elevated hydrogen concentrations throughout the interval supports the interpretation of an active, pressurized natural hydrogen migration system [3][4][11] Drilling Progress - Drilling continues toward a planned total depth of 650 m, with over 220 m remaining in the first hole (DDH-26-01) [4][16] - The ongoing drilling program includes four additional holes designed to evaluate structural continuity and geophysical targets across the West Advocate and East Advocate areas [16][22] Geological Observations - The interval from 354 to 426 metres includes two dark carbonaceous siltstone intervals characterized by consistent elevated hydrogen values and structural deformation [5][7][9] - The geological characteristics observed suggest a repeating hydrogen-associated signature across multiple structural zones, reinforcing the model of a vertically extensive natural hydrogen system [6][14][9] Water Inflow and Sample Collection - The pressurized water overflow at the borehole collar is the most significant inflow event recorded, with water samples collected for laboratory analysis to assess dissolved gas composition [3][8][12] - The absence of methane in the collected samples further supports the interpretation of a geological natural hydrogen system rather than a conventional hydrocarbon occurrence [12][11] Strategic Significance - The identification of the third hydrogen-associated structural zone expands the interpreted vertical scale of the natural hydrogen system at West Advocate, indicating potential for further discoveries [14][15] - The ongoing laboratory analysis and continued drilling will advance the evaluation of system scale, dissolved gas concentrations, and potential recoverability [15][14]

Core Viewpoint - Sirios Resources Inc. has announced a private placement offering to raise gross proceeds of up to approximately $20,000,000 through the sale of flow-through units and regular units, aimed at funding exploration activities in Canada [1][8]. Offering Details - The offering consists of up to 40,740,740 flow-through units at a price of $0.27 per unit, expected to generate gross proceeds of up to $11,000,000 [1] - Additionally, up to 45,000,000 regular units will be offered at a price of $0.20 per unit, aiming for gross proceeds of up to $9,000,000 [1] - The agents have an option to sell an additional 25,000,000 regular units for up to $5,000,000 in gross proceeds [2] Unit Composition - Each flow-through unit will include one common share and one-half of a common share purchase warrant, with the warrants allowing the purchase of one non-flow-through common share at $0.30 [3][4] - Each regular unit will also consist of one common share and one-half of a common share purchase warrant [4] Use of Proceeds - Proceeds from the sale of flow-through units will be used for eligible Canadian exploration expenses related to the company's projects, with a commitment to renounce these expenditures to initial subscribers by December 31, 2026 [7] - Net proceeds from the sale of regular units will be allocated for additional exploration expenses, general corporate and administrative expenses, and working capital [8] Closing Timeline - The offering is expected to close around March 18, 2026, subject to necessary approvals [9]