Core Insights - Troilus Gold Corp. has increased its debt financing mandate from US$700 million to up to US$1 billion, reflecting strong market conditions and enhanced project economics [1][2][3] - The financing will support the development and construction of the Troilus Project, a significant copper-gold mining operation in Québec, Canada [1][7] - The increase in financing underscores the confidence of lending partners and Troilus' strategic importance in North America's mining sector [2][4] Financing Details - The financing is led by a syndicate of global financial institutions, including Societe Generale, KfW IPEX-Bank, and Export Development Canada [1] - The expanded mandate is part of a structured financing process initiated in 2024, indicating growing alignment among Troilus' lenders and export credit agency partners [3][5] - Finalization of technical, financial, and environmental due diligence is expected in Q1 2026, subject to credit approvals and definitive financing agreements [5] Project Overview - Troilus Gold Corp. is focused on advancing the former Troilus Mine towards production, with a large land position of 435 km² in the Frôtet-Evans Greenstone Belt [7] - A Feasibility Study completed in May 2024 supports a large-scale 22-year, 50,000 tons per day open-pit mining operation [7] - The increase in financing positions the company to deliver a funded construction package for Troilus in 2026, reflecting a disciplined approach to value creation [4]

Canadian mining company Sandfire Resources and Havilah Resources from Australia have signed a binding term sheet to advance their partnership at the Kalkaroo copper-gold project and form a strategic exploration alliance across the Curnamona Province in north-eastern South Australia. This agreement aims to accelerate the development of one of Australia’s largest undeveloped open-pit copper-gold deposits. Under the terms, Sandfire can earn up to an 80% interest in the Kalkaroo project via a two-stage earn- ...

Core Insights - CopperCorp Resources Inc. is advancing its drilling efforts at the Jukes Cu-Au prospect in Tasmania by mobilizing a second diamond drill rig to expedite the ongoing Phase 2 drilling program [1][6][9] Drilling Program Details - The Phase 2 diamond drilling program at Jukes consists of five planned holes totaling approximately 2,000 metres, aimed at expanding the known mineralization footprint and testing high-priority targets [2][3] - The first drill hole, JDD003, has been completed to a depth of 254.9 metres, with samples sent for assay and results expected in 3-4 weeks [4][5] - A second hole, JDD004, is currently being drilled to a planned depth of 350 metres, targeting the eastern IP chargeability corridor, marking the first drill test of this zone [5][6] Geophysical and Geological Context - The Jukes prospect is characterized by strong induced polarization (IP) chargeability, magnetic, and geochemical anomalies, forming a prospective footprint at least 700 metres long and 400 metres wide, with confirmed Cu-Au mineralization from surface to depths exceeding 500 metres [10] - Historical drilling results from the 2024 Phase 1 campaign indicated strong Cu-Au intercepts, suggesting significant mineral potential [11][12] Future Plans and Strategic Focus - The company plans to return to drilling at the Hydes prospect later in the season when conditions improve and is also considering drilling at the Linda prospect in 2026 [9] - The focus on Jukes is driven by geological similarities to the Mt Lyell mine, which has a history of significant copper and gold production [9][10]

Sun Peak Metals, a Canadian exploration and development company focused on copper and gold projects, has signed a definitive share exchange agreement to acquire Saudi Discovery Company (SDC) and all of its shareholders. The agreement will see Sun Peak Metals acquire 100% of the issued and outstanding shares of SDC. Under the terms of the agreement, Sun Peak will issue a total of 58,065,356 common shares to SDC shareholders in exchange for all outstanding SDC shares. Following the transaction, Sun Peak s ...

MONTREAL, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) ("Troilus” or the "Company”) is honoured to announce it has been awarded the "Entrepreneur of the Year” distinction by the Québec Mineral Exploration Association ("QMEA”) at the Association’s annual Xplor 2025 convention and Recognition Gala held in Montréal last night. The award celebrates companies that have demonstrated exceptional progress, vision and leadership in advancing a Quebec mineral project. Troil ...

Core Viewpoint - Forte Minerals Corp. has appointed Patrick Evans as an Independent Director and Chairman of the Board, enhancing the company's governance and strategic direction in developing its copper and gold projects in Peru [1][5][6]. Group 1: Appointment of Patrick Evans - Patrick Evans brings over 25 years of senior mining executive leadership experience, specializing in mergers and acquisitions, capital markets, and asset development across four continents [2]. - His previous roles include CEO of Dominion Diamond Mines and Mountain Province Diamonds Inc., where he led successful exits and significant value creation [3]. - Evans holds degrees in arts and science from the University of Cape Town and has received industry recognition, including the Viola R. MacMillan Award and the Hugo Dummett Award [4]. Group 2: Impact on Forte Minerals - The Board believes Evans's expertise in mergers, acquisitions, and multinational operations will support Forte's development of its copper and gold projects in Peru [5]. - As Independent Chairman, Evans will ensure management decisions align with shareholder interests and the company's long-term strategic objectives [6]. - Patrick Elliott, President and CEO of Forte, emphasized that Evans's appointment is transformational for the company, aiding in advancing its high-quality portfolio and unlocking long-term value for shareholders [7]. Group 3: Resignation of Doug Turnbull - Doug Turnbull has resigned from the Board after fourteen years of service, during which he contributed significantly to Forte's growth and governance [8][9]. - Turnbull is stepping down to pursue a new opportunity with VBKOM, an engineering company based in South Africa [9][10]. - The Board and management expressed gratitude for Turnbull's commitment and contributions to the company's success [10]. Group 4: Stock Options - In connection with his appointment, Patrick Evans was granted 500,000 stock options, exercisable for five years at a price of C$0.78 per share [11]. - An aggregate of 2,250,000 stock options were also granted to other directors, officers, and consultants, totaling 2,750,000 options at the same exercise price [12]. Group 5: Company Overview - Forte Minerals Corp. is an exploration company focused on high-quality copper and gold assets in Peru, with a strategic partnership to access historically drilled, high-impact targets [13]. - The company is committed to responsible resource development that generates long-term value for shareholders, communities, and partners [13].

Core Insights - Eagle Plains Resources Ltd. has completed field work on the Hearne Hill South Copper-Gold Porphyry Project [1] Company Summary - The Hearne Hill South Copper-Gold Porphyry Project is located approximately 70 km NE of Smithers, British Columbia [1]

Core Points - Hayasa Metals Inc. has successfully closed a $2 million private placement, issuing a total of 11,165,282 units at a price of $0.17 per unit, resulting in gross proceeds of $1,898,098 [1][2] - Each unit consists of one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional common share at $0.22 per share [2] - Teck Resources Limited has acquired 934,500 units to maintain a 9.9% ownership stake on a partially diluted basis [2] Use of Proceeds - The net proceeds from the private placement will be utilized for ongoing exploration at the Urasar project in Armenia, acquiring additional property, and general working capital [3] - The company plans to conduct a 2,000-meter drill program at Urasar in 2026 and is considering a pipeline of projects for acquisition [3] Management Commentary - Joel Sutherland, CEO of Hayasa, expressed satisfaction with Teck's continued support and optimism regarding the company's first mover advantage in Armenia [4] Regulatory and Financial Details - The units were issued under the listed issuer financing exemption, and the securities are not subject to resale restrictions for Canadian residents [4] - The company paid $48,420 in finders' fees, which is 5% of the proceeds raised, to various entities involved in the placement [6] - Two officers of the company participated in the private placement, purchasing 588,400 units for a total of $100,028 [7] Shareholder Changes - Dennis Moore acquired 294,200 units at $0.17 per unit, increasing his total ownership to approximately 11.56% of the company's outstanding shares on an undiluted basis, a decrease from 13.31% [10] - If all warrants and stock options are exercised, Moore's ownership could rise to approximately 13.09% on a partially diluted basis [11] Company Overview - Hayasa Metals Inc. is focused on advancing copper and gold projects in Armenia's Tethyan Mineral belt, controlling both the Urasar and Vardenis projects [14]

Core Points - Cordoba Minerals Corp. announced that all resolutions were overwhelmingly approved by shareholders at a special meeting held on September 15, 2025, including the sale of the remaining 50% interest in the Alacrán Project and other exploration assets in Colombia [1][3] - The company plans to make a cash distribution to shareholders as part of the approved plan of arrangement under the Business Corporations Act (British Columbia) [2][3] - The transaction is expected to close in the fourth quarter of 2025, pending the approval of the Environmental Impact Assessment by Colombia's environmental authority and the final approval from the TSX Venture Exchange [3] Voting Results - 100% of votes cast by shareholders present at the meeting approved the transaction, exceeding the required two-thirds majority [5] - 99.99% of votes cast, excluding those required to be excluded under specific policies, also exceeded the required simple majority [5] Company Focus - Following the approval, the company aims to sharpen its focus on the Perseverance Project, where it is well-positioned to advance key exploration opportunities [3][4]

Core Viewpoint - Hayasa Metals Inc. has announced an increase in its non-brokered private placement from C$1.7 million to C$2 million due to strong demand from existing and new shareholders [1][3]. Group 1: Private Placement Details - The private placement will now consist of up to 11,764,706 units at a price of C$0.17 per unit, raising gross proceeds of up to C$2 million [1]. - Each unit will include one common share and one half of a share purchase warrant, with each whole warrant allowing the purchase of one share at C$0.22 for 18 months post-placement [1]. - The placement is scheduled to close on or about September 19, 2025, subject to necessary approvals [6]. Group 2: Use of Proceeds - Net proceeds from the placement will be allocated to advancing exploration at the Urasar project in Armenia, evaluating other mineral property opportunities, and general working capital [3]. Group 3: Regulatory and Offering Information - The units will be offered under the Listed Issuer Financing Exemption, allowing for sales in Canada and potentially in the United States under certain exemptions [2]. - The company may pay finders' fees of up to 5% of the proceeds raised by eligible finders [5]. - Certain directors and officers will participate in the placement, which is considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [7]. Group 4: Company Overview - Hayasa Metals Inc. is focused on advancing its copper and gold projects in the Tethyan Mineral belt of Armenia, controlling both the Urasar and Vardenis projects [10].