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Spartan Metals Terminates Investor Relations Agreement
Thenewswire· 2025-12-13 00:50
Group 1 - Spartan Metals Corp. has terminated its investor relations agreement with ValPal Management Consultancy effective immediately [1] - The company focuses on developing critical minerals projects in stable mining jurisdictions in the Western United States, emphasizing strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic [2] - Spartan's flagship project is the Eagle Project in eastern Nevada, which includes the highest-grade historic tungsten resource in the USA and significant under-defined resources of high-grade rubidium, antimony, bismuth, indium, as well as precious and base metals [3]
Spartan Metals Doubles Tungstonia Exploration and Mining Claims
Thenewswire· 2025-11-25 13:00
Core Insights - Spartan Metals Corp. has expanded its land position at the Eagle Tungsten-Silver-Rubidium Project by staking an additional 201 claims, increasing the total claims to 353, covering 7,131 acres [1][2][7] - The new claims are adjacent to existing Tungstonia claims and are expected to enhance the exploration potential for high-grade critical metals [4][7] - The company has commenced trading on the Frankfurt Stock Exchange under the symbol "J03," which is seen as a milestone for expanding its shareholder base [5][6][7] Company Developments - The newly staked claims cover 4,054 acres, more than doubling the previous acreage at the Tungstonia claim block [2][7] - The exploration team identified these areas as having high potential for mineralization similar to existing findings at Tungstonia, which previously produced tungsten and silver [4][7] - The ongoing field exploration program will include soil and rock sampling, mapping, and geophysics, covering the newly staked claims [7] Project Overview - The Eagle Project is positioned as one of the largest and highest-grade tungsten and rubidium districts in the United States, with historical production from the Tungstonia and Rees/Antelope mines [8][9][14] - The project spans approximately 36.5 km² and includes significant mineralization types such as Porphyry, Skarn, and Carbonate Replacement deposits [10][14] - Historical tungsten production from the Tungstonia and Rees/Antelope mines totaled 8,379 units at grades between 0.6%-0.9% WO3 [8][9]
Spartan Metals Commences Trading on the OTCQB under Symbol SPRMF
Thenewswire· 2025-11-17 17:25
Core Viewpoint - Spartan Metals Corp. has commenced trading on the OTCQB Venture Market in the U.S. under the symbol "SPRMF", while continuing to trade on the TSX Venture Exchange under the symbol "W" [1][2]. Company Overview - Spartan Metals is focused on developing critical minerals projects in top-tier mining jurisdictions in the Western United States, emphasizing a portfolio of strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic [5]. - The flagship project, the Eagle Project in eastern Nevada, consists of the highest-grade historic tungsten resource in the USA, along with significant under-defined resources of high-grade rubidium, antimony, bismuth, indium, and precious and base metals [6][7]. Trading and Market Access - The OTCQB listing is aimed at enhancing marketing efforts and introducing the company to a broader audience of potential U.S. investors, providing access to a larger pool of equity capital and improved trading liquidity [2][3]. - Spartan's common shares are now eligible with the Depository Trust Company (DTC), allowing for efficient electronic clearing and settlement of trades in the U.S. [2]. Investor Relations - Effective November 20, 2025, Spartan has engaged ValPal Management Consultancy for a 12-month investor-focused media campaign at a cost of US$8,000, subject to regulatory approval [4].
Glenstar Receives Permit to Conduct Trenching Program at Wildhorse Project in Nevada
Newsfile· 2025-11-05 13:29
Core Insights - Glenstar Minerals Inc. has received a permit from the Bureau of Land Management to conduct an initial trenching program at its Wildhorse Project in Nevada, specifically targeting the Coca Cola Zone [1] - The trenching will consist of three parallel trenches, each measuring five feet wide, three feet deep, and approximately 50 feet in length, spaced 20 feet apart [1] Exploration Results - Previous exploration at the Coca Cola Zone yielded four grab samples with copper values of 1.6%, 5.3%, 2.3%, and 5.1%, along with an average silver content of 21.6 ppm [2] - The samples also showed anomalous levels of bismuth (averaging 156 ppm) and tungsten (averaging 72.5 ppm), indicating a potential copper-gold porphyry system beneath the property [2] - Geological observations suggest the presence of a complex array of narrow porphyritic dikes, supporting the hypothesis of a classic copper porphyry setting [2] Project Background - The Wildhorse Property consists of 89 mineral claims covering 1,780 acres (720 hectares) in Mineral County, Nevada, with historical workings dating back to the late 1800s and early 1900s [3] - Initial assessments indicated mineralized zones with over 1 gram per ton of gold, 1% copper, and 6,100 ppm of antimony, along with the presence of bismuth and tungsten [3] Company Overview - Glenstar Minerals Inc. focuses on the exploration of polymetallic minerals, which are critical for manufacturing advanced electronics and energy technologies [4] - The company aims to leverage its expertise to explore, acquire, and develop critical mineral properties globally [4] Trading Information - Glenstar's shares are traded on the Canadian Securities Exchange under the symbol "GSTR", on the Frankfurt Stock Exchange as "VO20", and on the OTCQB market in the U.S. as "GSTRF" [6]
Fortune Minerals Retains P&E Mining Consultants Inc. to Prepare the New Reserve Estimates, Mine Plan & Production Schedule for the Updated NICO Project Feasibility Study
Businesswire· 2025-10-28 16:47
Core Insights - Fortune Minerals Limited has engaged P&E Mining Consultants Inc. to update the Mineral Reserve estimates, mine plan, and production schedule for the NICO Project Feasibility Study, which is expected to benefit from higher metal prices, particularly gold and bismuth [1][3][5] Company Overview - Fortune Minerals is focused on developing the NICO cobalt-gold-bismuth-copper project located in the Northwest Territories and Alberta, which includes a planned open pit and underground mine along with a hydrometallurgical facility [1][14] - The NICO Project is the largest bismuth deposit globally, holding 12% of the world's reserves, while China controls 80% of global mine production and 90% of refined bismuth supply [8] Project Economics - The previous 2014 Feasibility Study identified Mineral Reserves of 33.1 million tonnes, including 1.1 million ounces of gold, 82.3 million pounds of cobalt, 102.1 million pounds of bismuth, and 27.2 million pounds of copper, supporting a 20-year mine life [5] - Current metal prices are significantly higher than those used in the 2014 study, with gold at approximately US$4,000 per ounce, cobalt at US$22 per pound, bismuth at US$17 per pound, and copper at US$5 per pound, which will enhance project revenues [5][10] Strategic Importance - The development of the NICO Project is aligned with North American efforts to strengthen critical mineral supply chain resilience and security, reducing dependence on foreign entities [2][7] - The project is positioned to be a reliable source of critical minerals essential for energy transition and technological advancements, with significant demand growth anticipated for bismuth in various applications [9][10] Future Plans - Fortune plans to produce cobalt sulfate heptahydrate at its Alberta facility for use in lithium-ion batteries, with cobalt being a critical component in various industries [10] - The company also owns the Sue-Dianne satellite deposit, which could provide additional mill feed to extend the life of the NICO concentrator [11][14]
Government equity in miners becomes US norm
MINING.COM· 2025-10-19 13:47
Core Insights - The Trump administration is increasing government ownership in mining companies, raising questions about potential similar investments from the Canadian government [2][3] - The U.S. government has taken stakes in companies like Trilogy Metals and Lithium Americas, which are involved in significant mining projects [2][3] - The approach of the Canadian government towards mining investments is more cautious, focusing on fast-tracking projects without seeking equity stakes [4] U.S. Government Investments - The U.S. Department of War has acquired a 10% stake in Trilogy Metals and previously announced a 5% stake in Lithium Americas, which is developing a $3 billion project [2] - Fortune Minerals received $6.4 million from the Pentagon as part of a total of $17 million from both U.S. and Canadian governments for its cobalt-gold-bismuth-copper project [5][6] - MP Materials secured a $400 million agreement with the Pentagon for a 15% stake and critical minerals procurement for defense projects [9] Industry Reactions - Some industry players welcome U.S. government investments, viewing them as beneficial for raising funds in a challenging environment [6][11] - Concerns have been raised about the implications of government ownership in private companies, with some preferring more Canadian-based projects [8][10] - The stocks of companies receiving U.S. government investments have seen significant increases [11] Canadian Government's Stance - The Canadian government has not pursued equity stakes in mining projects but has opened a Major Projects Office to expedite approvals [4] - There is a call for Canada to revise its foreign investment policies, particularly regarding investments from China [6] Environmental and Local Opposition - The Trump administration's support for mining projects has faced local and environmental opposition, particularly concerning potential impacts on wildlife and communities [21][22] - The ongoing legal challenges regarding the Pebble copper-gold project highlight the contentious nature of some mining investments [22]
Latest Assay Results Show Gold Sample at 11.2 g/t + 11.35 g/t of Silver on Glenstar's Wildhorse Project and Lays the Foundation for Expanded Phase 2 Exploration Work Program
Newsfile· 2025-09-03 12:35
Core Viewpoint - Glenstar Minerals Inc. has announced promising assay results from its Wildhorse Project, indicating significant gold and silver mineralization, which lays the groundwork for an expanded Phase 2 exploration program [1][5][7]. Group 1: Assay Results - The assay results from twenty-nine stream sediment samples revealed gold at 11.20 g/t and silver at 11.35 g/t, along with notable copper, tungsten, bismuth, and tellurium signatures [1][5]. - Strong tungsten-bismuth anomalies were identified in four distinct stream drainages, confirming known mineralized zones and highlighting two additional prospective drainages [2][3]. Group 2: Geological Insights - The results support the intrusive-center geologic model at Wildhorse, particularly around Palomino Hill, where strong mineralization of gold, copper, silver, bismuth, tellurium, and tungsten was observed [3][4]. - The mineralization pattern aligns with classic metal zoning seen in intrusive-center related ore deposits, similar to those in nearby Nevada districts [4]. Group 3: Project Background - The Wildhorse Property consists of 61 mineral claims covering 1,220 acres in Mineral County, Nevada, with historical workings dating back to the late 1800s [8]. - Initial assessments indicated a series of east-dipping mineralized zones, with previous sampling showing over 1 g/t gold and significant copper and antimony levels [8][9]. Group 4: Future Exploration Plans - The project geologist emphasized the need for an expanded and comprehensive Phase 2 exploration plan to better understand the mineralization in the identified zones [7][6]. - The economic potential of the Wildhorse Project suggests the possibility of discovering a large, well-mineralized skarn system, which is favorable for exploration using various geophysical methods [10].
White Gold Corp. Launches Phase I of 2025 Exploration Program Commencing IP Geophysics Surveys on Multiple Highly Prospective Critical Mineral Targets
Globenewswire· 2025-07-28 13:58
Core Insights - White Gold Corp. has initiated its Critical Metals Exploration Program in the White Gold District, Yukon, Canada, expanding its focus beyond gold to include critical metals such as copper, molybdenum, tungsten, antimony, and bismuth [1][3] - The 2025 exploration program consists of two phases, with Phase I already underway and Phase II set to focus on high-priority gold projects and new gold occurrences [1][3] Company Overview - White Gold Corp. holds a portfolio of 15,362 quartz claims across 21 properties, covering approximately 300,000 hectares, which represents about 40% of the White Gold District [2][20] - The flagship White Gold Project contains an estimated 1,203,000 ounces of gold in the Indicated Resource category and 1,116,600 ounces in the Inferred Resource category, with potential for further resource expansion [2][20] Exploration Activities - Initial activities have begun on three critical mineral targets: the Bridget target on the Pedlar Property, the Guilder target on the Loonie Property, and the Mt. Hart target on the Nolan Property [4][5] - The Bridget target is characterized by significant geochemical anomalies, including molybdenum values over 250 ppm and copper values typically exceeding 100 ppm [5][6] - The Guilder target has identified a 3.0 by 0.5 km zone of anomalous copper results, while the Mt. Hart target shows a multi-element soil geochemical anomaly with enrichment in several metals [11][12] Regional Context - The Yukon is recognized as one of Canada's most prospective mining districts, with a rich history of mineral deposits, including the Casino copper-gold-molybdenum porphyry deposit [3][19] - The Dawson Range, where the company's properties are located, has attracted increased investment due to its high mineral potential, hosting various types of mineralization [19]
Kirkland Lake Discoveries Expands Polymetallic System at Winnie Lake, Transitions to OTCID from OTC Pink
Newsfile· 2025-07-24 11:00
Core Insights - Kirkland Lake Discoveries (KLDC) has confirmed the presence of a broad, copper-enriched polymetallic system at the Winnie Lake project, indicating significant mineralization potential [1][2] - The company is transitioning from the OTC Pink to the OTCID market, enhancing its visibility and market access among U.S. investors [14] Exploration Highlights - A 1.2-meter channel sample from the Mini Winnie magnetite zone returned high-grade results, including 2.051% copper, 735 g/t bismuth, and 2654 g/t vanadium over 0.6 meters [4][6] - A 14-meter channel at the Winnie Shaft showed elevated copper (up to 0.7%) and zinc (up to 0.3%), suggesting a broader polymetallic envelope [8] - A 17-meter channel sampled across a quartz-veined corridor returned an average of 35.5 g/t bismuth, indicating potential for a wider mineralized system [9][12] Upcoming Initiatives - The company is finalizing targets for a summer drill campaign to evaluate the continuity of copper and polymetallic mineralization at depth, with drill permits already received [13] - The CEO emphasized the significance of multiple mineralized zones and the untested ground between them, indicating a compelling story for a scalable copper-polymetallic system [14] Company Overview - Kirkland Lake Discoveries has a 400-km² exploration portfolio in Ontario's Abitibi Greenstone Belt, known for its prolific mining potential [18] - The company is advancing a pipeline of drill-ready targets across its KL East and KL West project areas, combining strong technical experience with efficient exploration strategies [19]
Assay Results from Glenstar's Wildhorse Project in Nevada Report Anomolous Copper, Silver, Bismuth, and Tungsten
Newsfile· 2025-07-23 11:09
Core Viewpoint - Glenstar Minerals Inc. has announced promising assay results from its Wildhorse Property in Nevada, indicating the presence of anomalous copper, silver, bismuth, and tungsten, which may suggest significant mineralization potential in the area [1][2][6]. Group 1: Assay Results - Four grab samples from the Coca Cola Zone returned copper values of 1.6%, 5.3%, 2.3%, and 5.1%, with an average silver content of 21.6 ppm, and anomalous bismuth and tungsten averaging 156 ppm and 72.5 ppm respectively [2]. - Four additional samples from the Highland Zone averaged 0.16% copper and 43 ppm silver, with two samples containing 1.23% zinc and 1.98% lead [3]. - A third sampling site returned low assay results and is considered outside the main area of interest [4]. Group 2: Geological Observations - The geological observations indicate a complex array of porphyritic dikes and a strong skarnified envelope in the central portion of the property, suggesting a mineralized porphyry intrusive at depth [5][6]. - The property is characterized by a series of east-dipping mineralized zones, with initial assessments indicating the presence of a quartz veinlet zone containing over 1 gram per ton gold, 1% copper, and 6,100 ppm antimony [9][10]. Group 3: Exploration Plans - The Phase 2 exploration program will focus on increasing sample density and geological information in the identified central zone [8]. - The economic opportunity at Wildhorse suggests the potential discovery of a large, well-mineralized skarn system, which is favorable for exploration using various geophysical methods [11]. Group 4: Company Overview - Glenstar Minerals Inc. is focused on exploring and developing critical mineral and energy metal properties, essential for advanced electronics and energy technologies [12]. - The company trades on multiple exchanges, including the Canadian Securities Exchange under the symbol "GSTR" [13].