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Metal Energy Completes Right of First Refusal Agreement on NIV Copper-Gold Project in British Columbia
TMX Newsfile· 2025-12-16 11:00
Toronto, Ontario--(Newsfile Corp. - December 16, 2025) - Metal Energy Corp. (TSXV: MERG) (OTCQB: MEEEF) (the "Company" or "Metal Energy") is pleased to announce that it has completed the previously announced right of first refusal agreement (the "ROFR Agreement") with respect to the remaining 20% interest (the "Remaining Interest") in the mineral tenures comprising the NIV and West NIV properties in the Toodoggone District of British Columbia (collectively, the "Property"). "This agreement enhances our lon ...
Metal Energy Announces Additional Strategic Investor: Teck Acquires 9.9% Equity Interest to Fund Exploration on the NIV Property in BC
Newsfile· 2025-12-12 11:00
Core Insights - Metal Energy Corp. announces a strategic investment from Teck Resources Limited, acquiring a 9.9% equity interest, joining Centerra Gold Inc. as a strategic investor [1][2][4] Strategic Investments - Teck and Centerra will each subscribe for 4,442,000 shares of a total of 8,880,000 common shares at a price of C$0.73 per FT Share and 6,200,000 common shares at C$0.45 per Share, resulting in both holding approximately 9.9% of Metal Energy's issued shares [4] - An investor rights agreement will be established with Teck, similar to that with Centerra, ensuring funds are allocated for exploration on the NIV property [4] Company Overview - Metal Energy focuses on critical metals exploration, particularly copper and gold assets in Canada, with the NIV project being fully permitted and drill-ready [6] - The NIV project is located in British Columbia's Toodoggone District, known for significant porphyry deposits, adding to Metal Energy's portfolio of three high-potential projects [6][13] Future Outlook - The company anticipates that the involvement of two major mining companies will attract attention from the broader mining investment community as it aims for further discoveries in the region [3] - The closing of the offering is expected around December 16, 2025, pending regulatory approvals [5]
Fitzroy Minerals Welcomes Resources Expert and Shareholder Craig Parry as Technical Advisor
Thenewswire· 2025-11-13 14:15
Core Viewpoint - Fitzroy Minerals Inc. has appointed Mr. Craig Parry as Technical Advisor, highlighting the company's focus on advancing its Chilean copper projects and leveraging Mr. Parry's extensive experience in the mining sector [1][2][3]. Company Overview - Fitzroy Minerals is engaged in exploring and developing mineral assets with significant upside potential in the Americas, with key projects including the Buen Retiro Copper Project and the Caballos Copper and Polimet Gold-Copper-Silver projects in Chile [6]. Appointment of Technical Advisor - Mr. Craig Parry, a mining executive and geologist with a strong track record, has been appointed as Technical Advisor. He has held leadership roles in various successful resource companies and has been involved in major discoveries [2][4]. - Mr. Parry expressed enthusiasm about joining Fitzroy Minerals, particularly regarding the potential of the company's projects [3]. Project Highlights - The Buen Retiro copper project is viewed as a potential major IOCG discovery, with management outlining a fast-track route to non-operated copper production, which could provide cash flow for future exploration [4]. - The Caballos project has shown promising copper-molybdenum-gold-rhenium mineralization, located in a prolific porphyry belt, indicating potential for significant new copper discoveries as exploration continues [5]. Management's Perspective - Merlin Marr-Johnson, CEO of Fitzroy Minerals, emphasized the importance of expanding the team's skill set as the Buen Retiro and Caballos projects progress, welcoming Mr. Parry's expertise to enhance value for stakeholders [5].
Solitario Adds Critical Metals Project to Its Property Portfolio; 2026 Drilling Planned at Cat Creek Project
Accessnewswire· 2025-10-21 12:30
Group 1 - The company has secured drilling permits for its Cat Creek critical metals project in Colorado [1] - The Cat Creek project is characterized as a high-quality undrilled molybdenum-rhenium porphyry system [1]
Second Government Critical Mineral Study Begins at Bell Copper's Big Sandy Porphyry Copper Project in Arizona, USA
Newsfile· 2025-10-17 11:44
Core Insights - Bell Copper Corporation is collaborating with the Arizona Geological Survey to assess potential new resources of critical minerals at its Big Sandy porphyry copper project in Arizona [1][4] - The study is led by Dr. Carson Richardson and Ms. Zoey Plonka, focusing on the timing of exhumation and supergene processes, as well as a detailed analysis of the supergene profile [2] - The Big Sandy project has shown significant amounts of copper, rhenium, and silver, which are included in the U.S. Geological Survey's 2025 Draft List of Critical Minerals [4] Company Overview - Bell Copper is a mineral exploration company dedicated to identifying and exploring large copper deposits in Arizona, specifically the Big Sandy and Perseverance porphyry copper projects [6] - The company is contributing core samples from the Big Sandy project to aid in the assessment of critical mineral resources [5] Project Details - The Big Sandy project is located in northwestern Arizona, approximately 30 kilometers from the Perseverance Project [1] - The BS-4 drill hole, which is 900 meters from the previous BS-3 drill hole, aims to further explore the mineral potential of the site [5]
Metal Energy Updates on Highland Valley Exploration Program
Newsfile· 2025-10-08 10:00
Core Insights - Metal Energy Corp. is advancing its exploration plans at the Highland Valley Project, focusing on refining drill targets through geophysical surveys and historical data analysis [1][3][4]. Geophysical Exploration - The geophysical signature of known deposits in the Highland Valley is subtle, necessitating thorough geophysical coverage to refine drill targets [3]. - Planned drone aeromagnetic surveys will build on previous airborne magnetic surveys from 2012 and 2021, specifically targeting the Mystery area acquired in 2022 [4]. - Ongoing digitization and analysis of historical IP survey data will assist in prioritizing chargeability anomalies for drill testing [4]. Initial Exploration Targets - The Billy Lake area shows a large AMT resistive zone aligned with a strong copper-in-soil anomaly, interpreted as an uplifted fault block [7]. - Zone 2 features mineralization in a conductive zone adjacent to an AMT resistor, with potential for further exploration [7]. - Zone 1 presents a north-south trending resistive zone with potential for parallel mineralized zones based on geophysical and historical drilling data [8]. Reconnaissance Surveys - Ground AMT surveys in the eastern part of the project have identified potential structures for mineralization in porphyry copper systems, with plans for reconnaissance surveys in the less-explored western area [5]. Milestone Payments Extension - Metal Energy has entered an amending agreement to extend milestone payments related to the acquisition of the Highland Valley Copper Project by nine months, involving the issuance of 1,000,000 common shares and a cash payment of $25,000 [12][14].
Northisle Copper & Gold Inc. to Present at the Metals & Mining Virtual Investor Conference July 23
GlobeNewswire News Room· 2025-07-21 18:46
Company Overview - Northisle Copper & Gold Inc. is based in Vancouver, BC, and focuses on copper, gold, molybdenum, and rhenium [4] - The company aims to become Canada's leading sustainable mineral resource company [4] - Northisle owns the North Island Project, a significant copper and gold porphyry project located near Port Hardy, British Columbia, covering over 34,000 hectares [4] Recent Developments - The company will present live at the Metals & Mining Virtual Investor Conference on July 23, 2025, from 1:00 pm to 1:30 pm ET [1] - Investors can participate in 1x1 meetings from July 23 to July 29, 2025 [1] - An archived webcast will be available for those unable to attend the live event [1] Project Highlights - Since 2021, Northisle has discovered two significant deposits and expanded resources at the North Island Project [4] - The company is focused on accelerating the advancement of this project while exploring within its highly prospective land package [4] Investor Engagement - Virtual Investor Conferences (VIC) provides an interactive platform for publicly traded companies to present directly to investors [6] - VIC enhances investor access and engagement through targeted one-on-one meetings and dynamic video content [7]
Fitzroy Minerals Provides Corporate and Exploration Update
Thenewswire· 2025-07-16 13:15
Core Insights - Fitzroy Minerals Inc. is focusing on advancing its Buen Retiro and Caballos copper projects following successful exploration results in H1 2025 [1][2] - The company plans to divest its Polimet, Taquetren, and Cariboo projects to streamline operations and concentrate on core projects [6][8] Financing and Corporate Strategy - Fitzroy is funded for exploration and development work on core projects until 2027, with a strong treasury position following a recent financing of C$12.54 million [3][8] - The company aims to drive value on a per-share basis by concentrating on the Buen Retiro and Caballos projects, which have shown the best results to date [3][4] Buen Retiro Project Update - The 2025 exploration program at Buen Retiro will include 12,000 to 14,000 meters of drilling, with two diamond drill rigs currently active [7][9] - Initial results indicate the presence of near-surface copper mineralization, and the company plans to add a reverse circulation drill rig to expedite exploration [4][10] Caballos Project Update - Exploration at Caballos is progressing, with plans to add additional drill rigs to enhance drilling efforts [5][14] - The company is investigating geophysical methods to identify concealed mineralization beneath younger volcanic rocks [15][16] Polimet Project Update - Phase I drilling at Polimet totaled 2,486.4 meters across 12 drill holes, revealing multiple mineralized structures [17][22] - Initial results show promising copper and gold grades, with potential for high-grade zones along structural trends [20][21] Next Steps - Future drilling at Polimet will prioritize the San Pedro Trend and other key target zones to delineate high-grade shoots and contribute to a maiden resource [22][24]
Sable Reports Mineralized Hydrothermal Breccia Intercepts, Including 0.58% Cu, 0.3 g/t Au, 0.13% Mo over 20.0m within 109.6m @ 0.23% Cu, 0.15 g/t Au, 589 ppm Mo at the Pyros Porphyry System in San Juan Province, Argentina
Globenewswire· 2025-06-10 11:00
Core Insights - Sable Resources Ltd. announced positive drilling results from the Pyros porphyry system at the El Fierro Project in Argentina, indicating significant copper-gold-molybdenum mineralization [1][3][23] Drilling Highlights - Hole FZ-DH-25-92 reported 6.9m of 1.01% Cu, 0.35 g/t Au, and 258 ppm Mo within a broader intercept of 48.1m of 0.31% Cu, 0.094 g/t Au, and 82.5 ppm Mo [2][16] - Hole FZ-DH-25-76 showed 49.0m of 0.22% Cu, 0.11 g/t Au, and 108 ppm Mo within a broader intercept of 110.0m of 0.17% Cu, 0.07 g/t Au, and 113 ppm Mo [3][12][16] - Hole FZ-DH-25-68 encountered a significant blind magmatic-hydrothermal breccia, with mineralization yet to be fully defined [10][16] Geological Insights - The new mineralized intercepts are believed to be related to breccias and porphyry phases at the margins of a low-grade center, suggesting a larger mineralized porphyry breccia complex may exist [3][7] - The mineralization remains open in both north-south directions and to depth, indicating potential for further exploration [3][6] Future Exploration Plans - The company plans to expand exploration efforts along the nearly 4km of phyllic alteration that remains undrilled, following a better understanding of the system's geometry and ore controls [3][6] - A new drilling program is anticipated to commence in Q4 2025 [3][20] Partnership and Funding - The drilling campaign was funded by Moxico Resources plc, which has an option to earn up to 51% of the El Fierro Project through a series of commitments over five years [1][23]