Precious and Base Metals
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Bolt Metals Completes Debt Settlement
Thenewswire· 2025-08-06 01:00
Core Points - Bolt Metals Corp. has completed debt settlement agreements totaling CAD $117,535 with certain creditors, issuing 11,753,500 common shares at a deemed price of CAD $0.01 per share [1][2] - The board of directors determined that completing the debt settlements was in the best interest of the company to preserve cash for working capital [2] - Bolt Metals Corp. focuses on the acquisition and exploration of precious and base metal properties, with projects including Soap Gulch in Montana and Switchback in British Columbia [3]
Ridgeline Minerals Commences Drill Program at the Selena CRD Project, Nevada
Newsfile· 2025-06-23 12:00
Core Insights - Ridgeline Minerals Corp. has initiated its 2025 drill program at the Selena Carbonate Replacement project in Nevada, under a Phase 1 earn-in agreement with South32 Limited [1][11] - South32 has allocated a Year-2 exploration budget of $3,450,000 for drilling three deep core holes, totaling 4,500 meters, to target a significant Magnetotellurics anomaly at the Chinchilla Sulfide CRD target [2] Company Overview - Ridgeline Minerals is focused on precious and base metal exploration, with a portfolio of seven projects covering 200 square kilometers in Nevada [12] - The Selena project spans 39 square kilometers and is strategically located near the Butte Valley project, which has a $33 million earn-in agreement with Freeport-McMoRan [11] Project Details - The Selena project includes both shallow-oxide and deeper sulfide discoveries, indicating potential for high-grade CRD type mineralization [11] - The planned drilling will specifically target stratigraphic and structural horizons associated with the MT anomaly, which is interpreted as a key fluid conduit for the CRD system [2][6]