thTORONTO, Jan. 23, 2026 /PRNewswire/ - Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON) (Z: BMM) (Frankfurt: 8SX0), today announced that on Monday January 26, its common shares will commence trading on the Nasdaq Capital Market under the symbol "BMM". The common shares will continue to trade on the TSXV Venture Exchange under the symbol "MOON" and the Frankfurt Stock Exchange under the symbol "8SX0" but will no longer trade on the OTCQX under the symbol "BMOOF". Upon commencement of tradi ...

Core Viewpoint - Cerrado Gold Inc. has received an unfavorable opinion from the Portuguese Environmental Agency regarding the Environmental Impact Assessment for the Lagoa Salgada Project, despite the project being deemed approved due to the expiration of the statutory deadline for a final decision [1][2][9]. Regulatory Context - Under Portuguese law, the APA was required to issue an Environmental Impact Declaration within 50 business days, which lapsed on January 22, 2026, leading to tacit approval of the EIA submitted on November 8, 2025 [2]. - The project has undergone significant improvements based on previous feedback from the APA, addressing concerns raised in May 2025 [6][10]. - The unfavorable opinion from the APA is based on potential risks to the hydrodynamic balance of aquifers, which the company argues were not previously identified and thus should not be grounds for a negative opinion [8][12]. Company Actions - The company is currently reviewing the APA's unfavorable opinion and is engaging with local authorities to seek a resolution that benefits all stakeholders [4][14]. - If constructive engagement does not yield a favorable outcome, the company plans to file a legal claim to enforce the RJAIA and confirm the project's tacit approval [5][14]. Strategic Significance - The Lagoa Salgada Project is recognized as a Project of National Interest by the Portuguese Government and aligns with the EU Critical Raw Materials Act, contributing to the secure supply of critical metals in Europe [5][15]. - The project is a high-grade polymetallic deposit containing zinc, copper, lead, tin, silver, and gold, with significant exploration potential [15][20].

MONTRÉAL, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) is pleased to provide shareholders with an outlook for 2026 as the Corporation advances its flagship Horne 5 Project located in Rouyn-Noranda, Québec (the “Horne 5 Project” or “Project”) through the final stages of project environmental acceptability and towards the receipt of the Québec ministerial decree. “The Horne 5 Project is one of the most advanced undeveloped polymetallic projects in Canada, ...

Summary of New Found Gold and Power Metals Conference Calls New Found Gold (NFGC) Industry and Company Overview - New Found Gold operates in the gold mining industry, specifically in Newfoundland, Canada, which is highlighted as a favorable jurisdiction for mining activities [1][2] - The company's flagship project is the Queensway Gold Project, which aims to produce 172,000 ounces of gold annually at a cost of less than $1,100 per ounce [1][5] Key Points and Arguments - **Queensway Gold Project**: A Preliminary Economic Assessment (PEA) indicates a phased approach starting with a high-grade core, leading to an annual production target of 172,000 ounces [1][5] - **Acquisition of Maritime Resources**: The acquisition is expected to close soon and will provide immediate cash flow to support the Queensway project [2][3] - **Financial Position**: As of September, the company has a treasury of CAD 71 million, with a capital structure of approximately 340 million shares outstanding [2][3] - **Production and Expansion Plans**: The first phase of Queensway is expected to produce 69,000 ounces annually with an initial capital expenditure (CapEx) of CAD 155 million, which will fund a second phase expansion [5][6] - **Exploration Potential**: The company has significant exploration upside with a property package covering over 110 km, and a resource area of 2 million ounces along the Appleton Fault Zone [8][9] - **Geological Confidence**: High-grade cores have been identified, with channel sampling showing promising results, indicating a strong geological foundation for the project [10][11] Additional Important Information - **Market Dynamics**: The company expects a significant re-rate in its valuation as it transitions to a producer, with a potential market cap of CAD 3 billion to CAD 3.5 billion upon successful execution of its plans [4][7] - **Infrastructure and Community Support**: The project benefits from existing infrastructure, including proximity to towns and power lines, which supports operational efficiency [12][19] - **Cost of Discovery**: The all-in cost of discovery per ounce is approximately CAD 143, reflecting improved efficiency in exploration efforts [15] Power Metals Industry and Company Overview - Power Metals operates in the mining sector, focusing on polymetallic discoveries, particularly in Quebec, Canada [16][18] - The company is fully funded with over CAD 40 million in the bank and is actively drilling to expand its resource base [16][17] Key Points and Arguments - **Lion Zone Discovery**: The Lion Zone is a high-grade copper and precious metals discovery, with estimates of 8-13 million tons of material at 5-7% copper equivalent [24][25] - **Infrastructure Advantages**: The project is well-positioned with access to major roads and power, enhancing its operational viability [18][19] - **Investor Confidence**: The company has strong backing from notable investors, indicating confidence in its potential [16][18] - **Exploration Strategy**: The company plans to drill approximately 100,000 meters, with ongoing drilling expected to yield significant assay results [17][30] Additional Important Information - **Fiscal Environment**: Quebec offers favorable fiscal terms for mining projects, which can significantly reduce the capital burden on the company [20][22] - **Resource Growth Potential**: The company has increased its resource estimate from 3.1 million tons to 7.1 million tons, with further growth anticipated [22][23] - **Upcoming Developments**: The company plans to move to the New York Stock Exchange and expects to release a metallurgical study in January [31][32] This summary encapsulates the key points from the conference calls of New Found Gold and Power Metals, highlighting their strategic initiatives, financial positions, and exploration potential within the mining industry.

Core Viewpoint - Bullion Gold Resources Corp. is making significant progress in its exploration programs at the Bousquet, Langlade, and Bodo projects in Quebec, with plans for initial drilling programs and positive geological findings [4][12]. Bousquet Project - The Bousquet project is located in the Bousquet-Cadillac mining camp, known for its gold production associated with the Cadillac-Larder Lake fault [5]. - The project features gold-bearing structures and is currently under an option agreement with Olympio Metals, which involves a cash and share payment of $1.25 million and $2 million in exploration expenditures for an 80% interest [5]. Langlade Project - The Langlade zone consists of 72 mining cells covering approximately 4,125 hectares and is identified as a polymetallic VMS (Cu-Zn-Ag) showing [6]. - The exploration program aims to define the lateral extensions of mineralization and confirm the potential for an economic deposit, with a 2,000-meter drilling program planned [7]. - Significant mineralization has been identified, including exceptional grades of up to 15.75% Cu, 384 g/t Ag, 6.85 g/t Au, and 1.21% Zn [7]. Bodo Project - The Bodo project encompasses 763 claims over an area of 410 km², situated in a structurally complex environment favorable for polymetallic systems [8]. - The Rivon zone within the Bodo project shows continuous gold and polymetallic shear zones, with permits obtained for drilling to assess mineralized structures [8]. Financial Activities - The company has closed a private placement, issuing 2,392,857 flow-through share units at $0.07 for gross proceeds of $167,500, and 2,000,000 share units at $0.05 for gross proceeds of $100,000 [9][10].

Core Viewpoint - Nexa Resources announced the drilling and assay results for the first half of 2025, highlighting a focus on near-mine expansion, brownfield and infill drilling, and greenfield exploration projects [2][5]. Drilling Strategy and Results - The total drilling in the first half of 2025 reached 131,910 meters, which included 28,145 meters of exploration drilling and 103,765 meters of mining infill drilling [2]. - Exploration drilling was distributed as follows: 14,281 meters in Peru, 13,208 meters in Brazil, 656 meters in Namibia, and 9,030 meters for early-stage greenfield projects in Peru [3]. Future Plans - For the second half of 2025, Nexa plans to conduct 47,245 meters of drilling, with 28,595 meters in Peru and 18,650 meters in Brazil [3][5]. Key Achievements - Significant findings included: - Cerro Lindo: 4.2 meters at 2.92% Zn, 0.30% Pb, 0.16% Cu, and 33.26 g/t Ag [7]. - Aripuanã: 10.8 meters at 7.59% Zn, 3.30% Pb, 0.18% Cu, and 62.03 g/t Ag, with a notable intercept of 4.8 meters at 16.60% Zn [7]. - Vazante: 6.3 meters at 22.14% Zn, 0.19% Pb, and 16.57 g/t Ag [7]. - El Porvenir: 18.6 meters at 2.83% Zn, 1.87% Pb, 0.07% Cu, 69.01 g/t Ag, and 1.40 g/t Au [7]. Company Overview - Nexa Resources is a large-scale, low-cost integrated polymetallic producer, primarily focused on zinc, with over 65 years of experience in mining and smelting in Latin America [6][8]. - The company operates four long-life underground polymetallic mines in Peru and Brazil, along with three smelters [6][8].

Core Viewpoint - Transition Metals Corp. has initiated its summer exploration program at the Pike Warden Project, which is located in southern Yukon, Canada, and is considered a promising site for gold-silver and copper mineralization [1][4]. Company Developments - The company is better positioned to advance its key projects following the proceeds from the recent Fostung sale, with planned work this summer aimed at preparing for drill testing in the fall [2]. - A high-resolution ground-based induced polarization (IP) survey will be conducted to cover potential large-scale porphyry centers, alongside geological mapping and prospecting to refine target areas [2]. Exploration Progress - Over 1,800 rock and soil samples have been collected, revealing high concentrations of gold, silver, copper, and molybdenum, with notable assay values including up to 48.1 g/t Au, 11,270 g/t Ag, 7.49% Cu, and 2.37% Mo [3][7]. - Advanced geophysical techniques, including a 600+ line-km ZTEM survey, have identified four primary large-scale targets, comprising three potential porphyry Cu-Mo systems and one epithermal Au-Ag system [3][8]. Project Overview - The Pike Warden Project spans approximately 41 square kilometers and consists of 203 contiguous quartz claims, with the company holding a 100% interest [4]. - The project is situated within the traditional territory of the Carcross/Tagish First Nation, highlighting its significance in the region [4]. Future Plans - The field program will include IP geophysics, mapping, and sampling, with preparations underway for a fall drilling program to test the most promising targets [5].

Core Points - Blue Moon Metals Inc. has received environmental permits from the Norwegian Environmental Agency and awarded a contract to Fauskebygg AS for the extension of its Rupsi tunnel at Nye Sulitjelma Gruver AS [1][2] - The tunnel extension will enhance exploration drilling efficiency for the Rupsi/Dypet deposits, with a planned 10,000 m exploration drilling program aimed at upgrading resources and gathering geotechnical and metallurgical data [2][3] - The current Inferred Resource of the Rupsi Deposit is 9.258 million tonnes at 1.19% copper and 0.31% zinc, as per an NI 43-101 Technical Report [2] - The contractor selection process prioritized health & safety, local employment, cost, and performance, with activities expected to commence in late Q3-2025 and complete by Q3-2027 [3] - The exploration program will include geological mapping, soil and core geochemistry analysis, geophysical surveys, and relogging of historical drill core [3] Company Overview - Blue Moon is advancing three brownfield polymetallic projects in Norway and the United States, including the Nussir copper-gold-silver project and the NSG copper-zinc-gold-silver project [5] - The projects are strategically located with existing local infrastructure, and zinc and copper are identified as critical metals for the global economy and national security [5] Contractor Information - Fauskebygg AS, established in 1946, has over 75 years of experience in construction and is focused on local projects in northern Nordland, offering services in civil engineering and construction [6]

Core Viewpoint - Nexa Resources has announced the redemption of its 5.375% Senior Notes due 2027, totaling US$110,509,000, scheduled for May 23, 2025 [1][2]. Group 1: Redemption Details - The 2027 Notes will be redeemed at a price equal to the greater of 100% of the principal amount or the present value of remaining scheduled payments, discounted at the Treasury Rate plus 50 basis points [2]. Group 2: Company Overview - Nexa Resources is a large-scale, low-cost integrated polymetallic producer, primarily focused on zinc, with over 65 years of experience in mining and smelting in Latin America [4]. - The company operates four long-life underground polymetallic mines in Peru and Brazil, and one low-cost open pit mine in Peru, along with three smelters [4]. - In 2024, Nexa was ranked among the top five producers of mined zinc globally and one of the top five metallic zinc producers worldwide according to Wood Mackenzie [5].

Core Insights - Denarius Metals Corp. announced final results from its infill drilling program at the Las Brisas Target within the Zancudo Project in Colombia, confirming high-grade mineralization and the discovery of a new manto vein [1][3][5] Drilling Program Overview - The 2024 infill drilling program included 13 drill holes totaling approximately 2,435 meters, contributing to a total of 7,225 meters drilled in 45 holes for the year [3][4] - The program aimed to upgrade Inferred Resources to Indicated Resources and support near-term mine development, focusing on the Los Albertos and Las Brisas targets [4][8] Drilling Results - Significant intercepts included: - 18.27 g/t Au and 1,819 g/t Ag over 0.30 m from hole ZM-185 on the Manto Antiguo vein - 23.11 g/t Au and 1,653 g/t Ag over 0.40 m from hole ZM-193 on the Manto Antiguo vein - 14.0 g/t Au and 96 g/t Ag over 0.70 m from hole ZM-190 on the Santa Catalina vein - 17.20 g/t Au and 101 g/t Ag over 0.30 m from hole ZM-192 on the Santa Catalina vein - 12.12 g/t Au and 93 g/t Ag over 0.50 m from hole ZM-185 on the newly discovered Manto Brisas vein [5][10] New Discoveries - The discovery of the Manto Brisas vein introduces a new exploration target, enhancing the potential for future resource expansion at the Las Brisas Target [6][10] - The results confirm continuity of mineralization in the Manto Antiguo and Santa Catalina veins, with a delineated high-grade ore shoot still open along strike [5][6] Future Plans - The company plans to complete an updated Mineral Resource estimate incorporating the 2024 drilling results in Q3 2025 and has commenced mining operations at the Zancudo Project [6][8] - An additional drilling campaign is planned for 2025 to further upgrade resources and accelerate mine development [8]