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Germanium Mining Corp. Plans Airborne Survey at Its 100% Owned Lac Du Km 35 Germanium Project, Chibougamau Region, Quebec
Thenewswire· 2026-03-27 23:00
VANCOUVER, BRITISH COLUMBIA, MARCH 27th, 2026 – TheNewswire - GERMANIUM MINING CORP. (“GERMANIUM MINING” OR THE “COMPANY”) (CSE: GMC; OTCQB: EMSKF; FSE: YW0) is pleased to announce that it is planning a property-wide airborne magnetic and electromagnetic survey at its Lac du Km 35 Germanium Project (“Lac Du 35”) located in the Chibougamau region of Quebec, Canada. This airborne survey will assist the Company in identifying high-priority exploration targets for the upcoming field season by outlining electro ...
Integral Metals Appoints Leo Power to Board of Directors
Globenewswire· 2026-03-25 21:01
CALGARY, Alberta, March 25, 2026 (GLOBE NEWSWIRE) -- Integral Metals Corp. (CSE: INTG | OTC: ITGLF | FSE: ZK9) (the “Company” or “Integral”) is pleased to announce the appointment of Leo Power to its Board of Directors, effective immediately. Mr. Power is an accomplished entrepreneur based in Newfoundland and Labrador, with extensive senior leadership experience across the energy and natural resource sectors. His background spans operations, investment, and corporate governance, providing a well-rounded per ...
G50 CEO Comments on Potential Catalysts for Gallium Prices
Prnewswire· 2026-03-18 13:17
G50 CEO Comments on Potential Catalysts for Gallium Prices Accessibility StatementSkip Navigation Includes potential importance of anticipated plan being drafted by US, EU and Japan to establish a reference price and price floor for critical minerals including gallium TUCSON, Ariz., March 18, 2026 /PRNewswire/ -- Mark Wallace, Managing Director/CEO of G50 Corp. (ASX: G50; OTCQX: GFTYF) said today gallium is emerging as "the silent achiever in the commodities landscape this year." He added that if the curren ...
Blue Moon Consolidates Apex Germanium and Gallium District with Acquisition of Gage Properties from Liberty Gold
Prnewswire· 2026-03-18 11:00
Blue Moon Consolidates Apex Germanium and Gallium District with Acquisition of Gage Properties from Liberty Gold Accessibility StatementSkip NavigationTORONTO, March 18, 2026 /PRNewswire/ - Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON) (NASDAQ: BMM) is pleased to announce that it has entered into an agreement to acquire the Gage Project (the "Gage Project"), located in Washington County, Southern Utah, USA, from a subsidiary of Liberty Gold Corp. ("Liberty Gold") for consideration of 420 ...
Germanium Mining Corp. Completes Remote Sensing Work On Its Lac Du Km 35 Property In Chibougamau Area, Quebec
Thenewswire· 2026-03-12 07:30
Core Viewpoint - Germanium Mining Corp. has completed remote sensing work on its Lac Du Km 35 Property in Quebec, identifying potential germanium mineralization and structural features that may enhance exploration efforts [1][4][5]. Group 1: Property Overview - The Lac Du Km 35 Property features the Faribault Shear Zone (FSZ), a significant structural element that may connect with other permeable zones at depth, serving as a conduit for hydrothermal fluids [1]. - The Laganière germanium showing, discovered in 1998, has the highest reported germanium value in Quebec at 0.02% (186 ppm) [2]. - The Laganière showing is strategically located near electromagnetic anomalies and the FSZ, making it a focal point for future exploration [3]. Group 2: Remote Sensing Study - The remote sensing study utilized ESA PNEO satellites, capturing high-resolution panchromatic data to identify structural features associated with germanium mineralization [5]. - Major structures and circular features have been identified, with trends including NE, EW, NNE, and NW, aligning with government structural maps [6]. - A circular feature with a diameter of approximately 300 meters has been correlated with the Laganière showing area, warranting further investigation [7]. Group 3: Future Exploration Plans - The remote sensing work is expected to lead to the mapping and sampling of 15 to 20 potential outcrops per line-kilometre in the summer of 2026 [8]. - The data will be integrated into a GIS system, generating maps at a scale of 1:5,000 to optimize field campaigns and logistics [8]. Group 4: Industry Context - Germanium is recognized as a critical metal with growing applications in electronics, solar energy, fiber optics, and military uses [10]. - Following China's export ban on germanium to the United States, the market has seen spot prices exceed US$5,000 per kilogram, highlighting the metal's increasing value [11].
Group Eleven Closes C$12M Bought Deal Private Placement, Including Full Exercise of C$1.56M Underwriters' Option
TMX Newsfile· 2026-03-11 19:59
Core Viewpoint - Group Eleven Resources Corp. has successfully closed a private placement offering, raising gross proceeds of C$12,000,825 through the issuance of 13,334,250 common shares at a price of C$0.90 per share [1]. Group 1: Offering Details - The offering was completed under an underwriting agreement with ATB Cormark Capital Markets as the lead underwriter and Beacon Securities Limited as co-underwriter, including the full exercise of the underwriters' option [1]. - The net proceeds from the offering will be used to expand the exploration drill program at Ballywire from approximately 17,000 meters to 51,500 meters and at Stonepark from approximately 3,000 meters to 15,500 meters, along with general corporate and working capital purposes [2]. - The company paid the underwriters a cash commission of C$468,139.50 in connection with the offering [4]. Group 2: Shareholder Information - Glencore Canada Corporation did not exercise its participation right triggered by the offering, and after the offering, it holds approximately 13.0% ownership interest in the company [4]. - A director of the company participated in the offering, which is classified as a related party transaction. The company relied on exemptions from formal valuation and minority approval requirements as the transaction did not exceed 25% of the company's market capitalization [5]. Group 3: Company Background - Group Eleven Resources Corp. is recognized for drilling the most significant mineral discovery in the Republic of Ireland in over a decade, with the Ballywire discovery demonstrating high grades of various minerals [7]. - The Ballywire site is located 20 kilometers from the company's 77.64%-owned Stonepark zinc-lead deposit, which is adjacent to Glencore's Pallas Green zinc-lead deposit [7]. - The company's two largest shareholders are Michael Gentile with a 13.4% stake and Glencore Canada Corporation with a 13.0% stake [7].
Blue Moon Closes C$1.3M Equity Financing
Prnewswire· 2026-03-10 20:38
Core Viewpoint - Blue Moon Metals Inc. has successfully closed an equity financing round, raising C$1.3 million to support its underground development projects, particularly the Nussir Project in Norway [1]. Financing Details - The company issued 181,127 common shares, resulting in total gross proceeds of $1,305,563.41 [1]. - The financing is pending final approval from the TSX Venture Exchange, and no finder's fees were paid [1]. - The common shares are subject to a statutory hold period of four months and one day [1]. Project Overview - Blue Moon is advancing five brownfield polymetallic projects, including the Nussir copper-gold-silver project and the NSG copper-zinc-gold-silver project in Norway, as well as projects in the United States [1]. - The projects are strategically located with existing local infrastructure, which includes roads and power [1]. - Key metals involved, such as zinc, copper, and tungsten, are recognized as critical to the global economy and national security [1]. Major Shareholders - Significant shareholders include funds managed by Oaktree Capital Management, Hartree Partners LP, Wheaton Precious Metals, Altius Minerals Corporation, Baker Steel Resources Trust, LNS, and Monial [1].
Blue Moon Announces Follow on Investment of C$1.2M from Mining Contractor
Prnewswire· 2026-03-03 14:15
Core Viewpoint - Blue Moon Metals Inc. has announced a follow-on investment of C$1.2 million from its mining contractor Leonhard Nilsen & Sønner AS, aimed at supporting underground development at the Nussir copper-gold-silver project in Norway [1]. Group 1: Investment Details - Leonhard Nilsen & Sønner AS subscribed to 168,514 common shares at a price of $7.208 per share [1]. - This investment follows previous subscriptions of C$4.2 million in December 2024 and C$1.13 million in May 2025, which were linked to the mobilization of LNS at the Nussir project [1]. - The financing is pending approval from the TSX Venture Exchange and is expected to close around March 17, 2026 [1]. Group 2: Project Overview - Blue Moon is advancing five brownfield polymetallic projects, including the Nussir project in Norway and others in the United States [1]. - The projects are strategically located with existing infrastructure, which includes roads and power [1]. - Metals such as zinc, copper, and tungsten are recognized as critical to the global economy and national security [1]. Group 3: Shareholder Information - Major shareholders include funds managed by Oaktree Capital Management, Hartree Partners LP, Wheaton Precious Metals, Altius Minerals Corporation, Baker Steel Resources Trust, LNS, and Monial [1].
Blue Moon buys former gallium-germanium mine in Utah from Teck
MINING.COM· 2026-03-02 18:03
Core Viewpoint - Blue Moon Metals has acquired the former Apex gallium-germanium mine in Utah from Teck Resources, enhancing its portfolio of US critical minerals assets and establishing potential synergies with existing operations [1][2][3]. Acquisition Details - The acquisition involves issuing approximately 7 million common shares, which represents 8% of Blue Moon's total shares outstanding [2]. - Teck Resources becomes a "key stakeholder" in Blue Moon's integrated pipeline of US critical mineral projects, supporting North American supply [3]. Market Reaction - Following the announcement, Blue Moon's stock reached an all-time high of C$7.94, resulting in a market capitalization exceeding C$630 million (approximately $460 million) and a year-to-date increase of 60% [4]. Historical Production Data - The Apex mine was a primary US producer of gallium and germanium, with peak production in the mid-1980s yielding 10,270 tonnes, which included 1,645 lb. of gallium and 5,634 lb. of germanium [5]. - Historical reserves reported in 1989 included 230,200 tonnes with grades of 0.1% germanium and 0.046% gallium [6]. Future Plans - Blue Moon plans to fast-track technical studies and community engagement to support a final investment decision, contingent on renewed permits [7]. - The acquisition is expected to create immediate synergies, particularly in processing zinc concentrates from Blue Moon's underground mine in California at Teck's Trail operations [8][9]. Strategic Partnerships - The partnership with Teck is seen as logical, combining Blue Moon's project pipeline with Teck's processing capacity [9]. - Teck's executive noted that this transaction is a significant step in developing new US sources of critical minerals [10]. Additional Projects - Blue Moon is also developing the Springer tungsten complex in Nevada, which has historical production and potential synergies with its California zinc mine [15][17]. - The Springer project has a historical resource estimate of 10.7 million tonnes at 0.45% tungsten, with plans for a drill program to update the resource model [19].
When Tungsten Costs More Than Gold Used To, Miners Step Up
Prnewswire· 2026-03-02 14:00
Core Insights - The global tungsten supply is facing a significant crunch, with prices increasing fivefold over the past year to approximately $1,775 per tonne due to plummeting Chinese exports and critically low global inventories [1][2] - Various countries, including Australia, the European Union, India, and Brazil, are taking strategic actions to secure critical minerals, with Australia committing $800 million to a reserve and the EU building a joint stockpile [1][2] - Companies like GoldHaven Resources, Ivanhoe Mines, Surge Copper, Defense Metals, and Stillwater Critical Minerals are advancing projects in polymetallic and critical mineral assets, reflecting a growing focus on these resources [1][2] Company Developments - GoldHaven Resources has expanded its Magno Project to over 37,200 hectares through the acquisition of five contiguous mineral claims, enhancing its control over a polymetallic system [1] - The recent sampling at Magno returned significant mineralization results, including indium values up to 334 ppm and silver grades up to 2,370 g/t, indicating the project's strategic relevance amid tightening global supply [1][2] - Ivanhoe Mines is in advanced discussions to supply the U.S. with critical minerals from its Kipushi mine, targeting a production guidance of 240,000 to 290,000 tonnes of zinc concentrate for 2026 [2] - Surge Copper's Berg Project has been accepted into British Columbia's Critical Minerals Office, positioning it within provincial and federal fast-track frameworks for development [2] - Defense Metals' Wicheeda Rare Earth Project has been recognized by British Columbia as a priority for early coordination support, emphasizing its importance for clean energy and high-technology applications [2] - Stillwater Critical Minerals reported significant near-surface mineralization at its Stillwater West project, with a bulk intercept of 201.6 meters grading 0.20% nickel equivalent, reinforcing the project's potential [2]