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Defiance Silver Signs Long-Term Access Agreement at Its Green Earth Project, Sonora
TMX Newsfile· 2026-02-12 07:01
Core Viewpoint - Defiance Silver Corp. has secured a long-term surface access agreement for the Victoria target at its Green Earth Project in Sonora, Mexico, which is crucial for advancing exploration and development in a capital-efficient manner [1][2]. Company Developments - The five-year agreement allows the company to conduct surface exploration, drilling, and engineering studies at the Green Earth Project [1]. - The Victoria target is a large, previously untested porphyry copper-molybdenum-gold system located in the Sonora Laramide Porphyry Copper Belt, known for hosting world-class deposits [2]. - The Green Earth Project covers approximately 6,800 hectares and benefits from excellent infrastructure, year-round access, and proximity to skilled labor and services [2]. Stock Options and Awards - Defiance has granted a total of 2,720,000 incentive stock options to employees, directors, and consultants at an exercise price of $0.35, with a five-year exercise period and vesting over three years [4]. - An aggregate of 289,000 Deferred Share Units has been granted to certain directors, vesting on the one-year anniversary of the grant [5]. - A total of 458,000 Performance Share Units have been granted to employees, vesting on the one-year anniversary subject to performance criteria [6]. - An aggregate of 314,000 Restricted Share Units has been granted, vesting equally over three years starting from the one-year anniversary of the grant [7]. Company Overview - Defiance Silver Corp. is focused on advancing district-scale precious and base metal projects in Mexico, led by a management team experienced in exploration and development [8].
American Pacific Announces New Geological Discoveries and Target Vectoring in Preparation for Drill Program at Madison Copper-Gold Project in Montana
TMX Newsfile· 2026-02-06 12:00
Core Insights - American Pacific Mining Corp. has announced significant geological observations from its Madison Copper-Gold Project in Montana, enhancing the understanding of the mineralizing system and potential vectors for porphyry and carbonate replacement deposits [1][2]. Geological Observations - Recent fieldwork has focused on maximizing value from short windows of underground access, revealing approximately 150 feet of newly exposed ramp due to lower water levels, which is considered a high-priority target for geological and geochemical work [2]. - The discovery of a well-developed phreatic breccia approximately 700 feet from the portal, containing chalcocite veins and native copper, aligns with the Victoria Pit at surface, indicating a complex hydrothermal system [3]. - The newly mapped breccia geometry strengthens the geological framework that supports the exploration model, providing critical data for refining drill targeting [3][4]. Company Strategy and Future Plans - The CEO of American Pacific Mining emphasized that these discoveries enhance the exploration model ahead of the planned drill program, differentiating the company's technical approach from previous operators [4]. - The company plans to provide further updates as additional geological data are collected and integrated into the broader exploration model for Madison [6]. Company Background - American Pacific Mining Corp. is focused on precious and base metals exploration in the Western United States, with its flagship asset being the 100%-owned Madison Copper-Gold Project [7]. - The company has established a significant equity position in the Palmer Copper-Zinc VMS Project in Alaska and holds several high-grade precious metals projects in Nevada [7].
American Pacific Announces Closing of $9.75M Non-Brokered LIFE Financing
TMX Newsfile· 2026-02-05 21:32
Core Viewpoint - American Pacific Mining Corp has successfully closed a non-brokered private placement, raising approximately $9.75 million through the issuance of 44,318,182 units at a price of $0.22 per unit, which positions the company for its upcoming drill program at the Madison Copper-Gold Project in Montana [1][3]. Financing Details - The private placement consisted of units that include one common share and one-half of a share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.32 until February 5, 2029 [2]. - The company incurred finder's fees totaling $623,431.60 in cash and issued 2,747,780 finder's warrants, which are non-transferable and exercisable at prices of $0.22 and $0.32 per share until the expiry date [3]. Use of Proceeds - The net proceeds from the offering will be allocated towards exploration and development of the Madison Copper-Gold Project, other mineral exploration projects, and general corporate purposes [4]. Regulatory Compliance - The private placement was conducted under the listed issuer financing exemption and applicable private placement exemptions in Canada and the United States, ensuring that the securities issued are not subject to a hold period under Canadian securities laws [5]. Company Overview - American Pacific Mining Corp is focused on precious and base metals exploration in the Western United States, with its flagship asset being the Madison Copper-Gold Project in Montana. The company has also established a significant equity position in the Palmer Copper-Zinc VMS Project in Alaska [8].
American Pacific Announces Upsize of Fully Subscribed Non-Brokered LIFE Financing to $9.75 Million
TMX Newsfile· 2026-01-21 03:24
Core Viewpoint - American Pacific Mining Corp has successfully increased its non-brokered private placement from 34,090,909 units at $0.22 per unit for gross proceeds of $7,500,000 to 44,318,182 units for gross proceeds of $9,750,000 due to strong investor demand [1][2] Group 1: Offering Details - The private placement is fully subscribed and the order book is closed [1] - The net proceeds from the Offering will be used for exploration and development of the Madison Copper-Gold Project, other mineral exploration projects, and general corporate purposes [2] - The Offering is conducted under the listed issuer financing exemption, meaning the securities issued will not be subject to a hold period under Canadian securities laws [3] Group 2: Company Strategy and Future Plans - The CEO emphasized the market's confidence in the company's strategy to advance the Madison Copper-Gold Project while providing exposure to a significant equity portfolio of copper, gold, and silver companies in the western US [2] - Following the financing, the company plans to undertake a robust drill program to delineate a first mineral resource estimate at Madison and test both skarn and porphyry targets [2] Group 3: Company Background - American Pacific Mining Corp is focused on precious and base metals exploration in the Western United States, with its flagship asset being the 100%-owned Madison Copper-Gold Project in Montana [5] - The company has established a major equity position in the Palmer Copper-Zinc VMS Project in Alaska and holds several high-grade precious metals projects in Nevada [5]
Tudor Gold Announces Closing of $11.5 Million Brokered LIFE Offering, with Participation by Eric Sprott
TMX Newsfile· 2025-12-15 15:45
Core Viewpoint - Tudor Gold Corp. has successfully closed a private placement offering, raising a total of $11.5 million through the sale of 14,375,000 units at a price of $0.80 per unit, including the full exercise of the over-allotment option [1]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $1.20 for 24 months [2]. - The offering was completed under the Listed Issuer Financing Exemption, allowing the units to be free-trading upon closing under Canadian securities laws [3]. - The net proceeds from the offering will be allocated for working capital and general corporate purposes [3]. Group 2: Related Party Transactions - A related party acquired 2,500,000 common shares and 1,250,000 warrants as part of the offering, which is classified as a related party transaction [4]. - The company relied on exemptions from valuation and minority shareholder approval requirements, as the fair market value of the securities issued does not exceed 25% of the company's market capitalization [4]. Group 3: Agent Compensation - The company paid approximately $690,000 in cash commissions to the agents and issued 750,000 non-transferable broker warrants, each allowing the purchase of one common share at an exercise price of $1.20 for 24 months [5]. - The offering is subject to final approval from the TSX Venture Exchange [5]. Group 4: Company Overview - Tudor Gold is engaged in the exploration and development of precious and base metals, with claims in British Columbia's Golden Triangle, an area known for its mining potential [7].
Hanstone Gold Options Snip North Project
Thenewswire· 2025-10-03 04:45
Core Viewpoint - Hanstone Gold Corp. has entered into a property option agreement with Goldrea Resources Corp. for a 70% interest in the Snip North Project, allowing Goldrea to focus on its advancement while Hanstone continues developing its Doc Property claims [1][2]. Company Overview - Hanstone Gold Corp. is a precious and base metals explorer focused on the Doc Project located in British Columbia's Golden Triangle, an area known for its mineral wealth [4]. - The company holds a 100% earn-in option on the 1,704-hectare Doc Project and owns a 100% interest in the 3,443-hectare Snip North Project, which is now subject to the option agreement with Goldrea [4]. Option Agreement Details - Goldrea must incur a total of $1,250,000 in exploration expenditures on the Snip North Project, with specific amounts due by September 30 of each year from 2026 to 2029 [3]. - Goldrea is also required to transfer $100,000 in eligible assessment credits to extend the expiry date of the Property to June 30, 2026; if the transfer is not approved, the option agreement will terminate [3]. - Upon earning a 70% interest, a 70/30 joint venture will be established for exploring and exploiting the Property, with a formal joint venture agreement to be negotiated [3].
Carlton Precious Announces Filing of Notice of Intention to Sell Athena Gold Corporation Common Shares
Globenewswire· 2025-09-17 11:00
Core Viewpoint - Carlton Precious Inc. has filed a notice of intention to distribute securities related to the proposed sale of up to 5 million common shares of Athena Gold Corporation as part of a monetization strategy [1][2]. Group 1: Company Overview - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, listed on the TSX Venture Exchange [3]. - The company is managed by a team of experienced mining and geological professionals and operates in key mining jurisdictions including Peru and Australia [3]. Group 2: Shareholding and Sale Details - As of September 16, 2025, Carlton Precious owns 55 million common shares of Athena, representing 21.1% of the total issued and outstanding shares [2]. - If the maximum number of shares proposed for sale is sold, the company would retain 50 million shares, or 19.2% of Athena's common shares [2]. - The company may further decrease its holdings in Athena depending on market conditions [2].
Carlton Announces OTC Symbol Change to CPIFF
Globenewswire· 2025-09-10 11:00
Core Points - Carlton Precious Inc. has changed its U.S. trading ticker symbol from "NBRFF" to "CPIFF" to align with its corporate name and TSX Venture Exchange ticker [1] - Existing shareholders do not need to take any action regarding the ticker change, and shares will continue to be listed on the TSX Venture Exchange under the symbol "CPI" [2] - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, with projects in key mining jurisdictions such as Peru and Australia [3]
Goldstorm Metals Announces Closing of Upsized Non-Brokered Private Placement Financing for Approximately $2.1 Million, with Participation by Eric Sprott
Newsfile· 2025-06-27 13:07
Core Viewpoint - Goldstorm Metals Corp. has successfully closed a non-brokered private placement financing, raising approximately $2.1 million, with notable participation from strategic investor Eric Sprott [2][5]. Financing Details - The private placement generated gross proceeds of $2,088,973.75, consisting of 15,441,483 non-flow-through units sold at $0.07 each, totaling $1,080,903.81, and 9,999,999 flow-through units sold at $0.1008 each, totaling $1,007,999.90 [2][3]. - Each non-flow-through unit includes one common share and one-half of a warrant, while each flow-through unit includes one common share and one-half of a warrant [3]. Warrant Information - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for 24 months, with an acceleration clause if the common shares reach a closing price of $0.20 for ten consecutive trading days [4]. Strategic Investor Participation - Eric Sprott, through his corporation, acquired 3,571,428 common shares and 1,785,714 warrants, qualifying as a related-party transaction [5]. Use of Proceeds - Net proceeds from the sale of non-flow-through units will be allocated for working capital and general corporate purposes [6]. - Gross proceeds from flow-through units will be used for Canadian exploration expenses, with a commitment to incur qualifying expenditures by December 31, 2026 [7]. Finder's Fees - The company paid cash commissions of $45,746.44 to finders and issued 651,377 non-transferable finder's warrants, each allowing the purchase of one common share at $0.1008 for 24 months [8][9]. Company Overview - Goldstorm Metals Corp. is focused on precious and base metals exploration, holding a significant land position in British Columbia's Golden Triangle, known for high-grade gold deposits [10].
Carlton Precious Announces Additional Tranche of Private Placement
Globenewswire· 2025-06-17 02:41
Core Points - Carlton Precious Inc. has closed an additional and final tranche of a non-brokered private placement, issuing 126,389 units at a price of $0.09 per unit, resulting in gross proceeds of $11,375 [1] - The total private placement now amounts to 18,303,277 units with total aggregate proceeds of $1,647,295 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at $0.12 for 24 months [2] Financial Utilization - Net proceeds from the private placement will be used to initiate a drilling program at the Esquilache Project in Peru, conduct exploration at the Matthina Gold Project, and for general working capital [3] Related Party Transaction - The final tranche of the private placement involved a related party transaction, as an insider subscribed for 126,389 units [4] - The company is relying on exemptions from certain requirements of MI 61-101 due to the insider's participation not exceeding 25% of the company's market capitalization [4] Company Overview - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, listed on the TSX Venture Exchange [6] - The company operates in key mining jurisdictions, including Peru and Australia [6]