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Nexcel Metals Publishes NI 43-101 Technical Report for the Burnt Hill Tungsten Project, New Brunswick, Canada
TMX Newsfile· 2026-02-13 23:00
Core Viewpoint - Nexcel Metals Corp. has filed an independent NI 43-101 technical report for its Burnt Hill Tungsten Project, indicating a commitment to advancing exploration and development in the tungsten mining sector [1][2]. Project Overview - The Burnt Hill Tungsten Project is located approximately 95 kilometers north of Fredericton, New Brunswick, covering about 1,540 hectares across 70 mining cells [3]. - The project is situated in a historically significant tungsten mining district, with tungsten mineralization first discovered in the late 1800s and documented production occurring in 1915 and between 1952 and 1956 [4]. Mineralization Details - Tungsten mineralization at Burnt Hill is found in quartz veins associated with granitic intrusions, with key minerals including wolframite, molybdenite, cassiterite, and pyrrhotite [5]. Recommended Work Program - The technical report recommends a two-phase exploration program aimed at modernizing historical data, verifying past results, and supporting future exploration targeting [7][16]. - **Phase 1** involves data compilation and GIS integration [16]. - **Phase 2** includes geological mapping, surface sampling, and geophysical surveys [16]. Technical Report Availability - The technical report is accessible under the company's profile on SEDAR+ and can be requested directly from the company [8]. Company Background - Nexcel Metals Corp. is a junior mining company focused on the acquisition, exploration, and development of mineral properties, with current projects including the Lac Ducharme Project in Québec and the Burnt Hill Project in New Brunswick [14].
Guardian Metal Resources PLC Announces Interim Results
Accessnewswire· 2026-02-12 07:00
Core Insights - Guardian Metal Resources plc has announced its unaudited interim results for the six-month period ending December 31, 2025, highlighting significant financial developments [1] Financial Developments - The company was awarded US$6.2 million from the U.S. Department of War under Title III of the Defense Production Act of 1950 to support the rapid advancement and Pre-Feasibility Study for the 100%-owned Pilot Mountain tungsten Project in Nevada [1]
Blue Moon Advances Four Core Assets with Comprehensive 40,000 Meter 2026 Infill and Step-Out Drilling Programs
Prnewswire· 2026-02-11 22:01
Core Insights - Blue Moon Metals Inc. is advancing its four core assets with a comprehensive drilling program planned for 2026, totaling approximately 40,000 meters, which includes both infill and step-out drilling [1][2][3] - The company aims to enhance its geological evaluation and project advancement across its projects in the United States and Norway, with a significant focus on tungsten and other critical metals [1][2] Nussir Project Drilling - The Nussir Copper-Gold-Silver Project will see approximately 3,000 meters of surface drilling and 7,000 meters of underground drilling, targeting deeper copper-rich mineralization [1][2] - The infill drilling program is designed to achieve a nominal drill spacing of 75 by 75 meters in the upper part of the mineralized zone [1][2] - The ongoing underground exploration decline has advanced 1,125 meters as of February 9, 2026 [1] Blue Moon Project Drilling - The Blue Moon Polymetallic Project in California is undergoing a 16,000 meters drilling program aimed at infilling existing drill coverage to a nominal spacing of 50 meters by 50 meters [2][3] - Approximately 8,000 meters of diamond drilling will be completed from three underground drill stations targeting the central and upper portions of the volcanogenic massive sulphide deposit [2] - Historical drilling has shown promising polymetallic intercepts, indicating potential for further resource expansion [2] NSG Project Drilling - The NSG Copper-Zinc VMS Project plans a staged underground drilling program totaling approximately 10,000 meters, focusing on infill and expansion of the inferred resource of 9.23 million tons at 1.19% Cu and 0.31% Zn [2][3] - The program will commence with the extension of the existing Rupsi tunnel to access underground drill stations [2] Springer Tungsten Mine Resource Confirmation and Expansion - The Springer Tungsten Mine will undergo a multi-phase work program in 2026, starting with a detailed review of historical data to refine geological interpretations [2][3] - Approximately 5,000 meters of resource evaluation drilling is planned, targeting higher-grade scheelite skarn mineralization [2][3] - Historical estimates indicate indicated resources of 355,000 tons at 0.537% WO3 and inferred resources of 1,933,600 tons at 0.493% WO3 [3]
Maxus Mining Highlights Strong Polymetallic Results at the Alturas West Property in British Columbia, Canada
Globenewswire· 2026-02-11 13:00
Core Insights - Maxus Mining Inc. has reported promising results from its 2025 field program at the Alturas West Property, indicating a strong polymetallic mineralization system with significant antimony and high-grade silver [3][5][10] Group 1: Exploration Results - The 2025 field program highlights the polymetallic signature of the Alturas West Project, with notable assay results including 430 g/t silver, 1,410 ppm antimony, and other valuable metals [5][8] - Sample G018729, taken from a mineralized mine dump, showed elevated levels of silver (430 g/t), copper (0.35%), lead (0.16%), zinc (0.34%), and antimony (1,410 ppm), indicating a well-developed mineralization signature [8][10] - The presence of antimony alongside silver, copper, lead, and zinc supports the interpretation of a focused, structurally controlled mineralizing system [3][10] Group 2: Strategic Location and Historical Context - The Alturas West Project is strategically located in the Slocan Mining District, which has a rich history of mining and provides access to existing infrastructure, facilitating exploration activities [5][6] - Historical assessment reports and previous exploration programs have identified favorable geology and targets for potential mineralization, which have been integrated into the current exploration strategy [6][10] Group 3: Future Exploration Plans - The results from the 2025 program suggest that future exploration should focus on detailed structural mapping and targeted sampling along known structural trends, particularly in the east-west shear zone [10] - The company believes that the integration of new findings with historical data will reveal clear upside potential and meaningful follow-up opportunities as exploration progresses [3][10]
White Gold Corp. Announces Spin-Out to Create a Yukon Focused Publicly Listed Critical Minerals Exploration Company
Accessnewswire· 2026-02-11 12:00
TORONTO, ON / ACCESS Newswire / February 11, 2026 / White Gold Corp. (TSXV:WGO)(OTCQX:WHGOF)(FRA:29W) ("White Gold" or the "Company") is pleased to announce that it has commenced procedures for a spin-out transaction (the "Spin-Out") to create a new, Yukon-focused critical minerals exploration company ("SpinCo"). The Spin-Out is designed to unlock the value of White Gold's non-gold project portfolio by transferring its portfolio of copper, molybdenum, tungsten and other critical mineral properties located i ...
Blue Moon Metals Closes Previously Announced Acquisition of the Springer Tungsten and Critical Metals Mine and Processing Plant Located in Nevada in Line with Recent Initiatives Under Section 232 of the Trade Expansion Act
Prnewswire· 2026-02-10 22:01
Core Viewpoint - Blue Moon Metals Inc. has successfully completed the acquisition of the Springer tungsten and critical metals mine and processing plant in Nevada, aligning with U.S. initiatives to strengthen domestic supply chains for critical minerals [1] Group 1: Acquisition Details - The acquisition includes fee lands and mineral claims with a historically mined tungsten deposit and a flotation mill previously used for tungsten ore processing [1] - The total consideration for the acquisition was US$18.5 million, comprising an initial deposit of US$500,000 and a final cash payment of US$18 million [1] - The transaction closed upon satisfaction of customary closing conditions [1] Group 2: Strategic Importance - This acquisition is a significant milestone for Blue Moon, supporting its long-term growth strategy to establish a critical metals hub in the U.S. [1] - The company aims to accelerate confirmatory drilling to update historical resources and support a redevelopment plan for the Springer Mine [1] - The acquisition aligns with recent U.S. initiatives under Section 232 of the Trade Expansion Act, which focuses on enhancing domestic processing capacity for critical minerals [1] Group 3: Operational Updates - Blue Moon has initiated a logistics study and plans to convert part of the Springer Mine and Mill to process materials from the Blue Moon mine in California [1] - The Blue Moon mine is currently under construction, with an underground exploration decline reaching 128 meters (422 ft) from the surface as part of a US$16.5 million phase 1 development program [1] - Underground drilling has commenced, with the first drill hole of 379 meters (1244 ft) completed on February 6, 2026 [1] Group 4: Market Context - Since the announcement of the acquisition on October 14, 2025, tungsten prices have more than doubled, indicating a favorable market environment for the company's operations [1] - The Springer Mine has the potential to significantly contribute to the U.S. tungsten supply needs [1] Group 5: Investor Relations - The company has entered into an investor relations agreement with SRC Swiss Resources Capital AG for its European outreach program, which will continue for one year with automatic monthly renewals [1]
Hertz Energy Inc. Announces LIFE and Flow-Through Offering for Gross Proceeds up to $5,000,000
TMX Newsfile· 2026-02-10 12:30
Core Viewpoint - Hertz Energy Inc. is initiating a non-brokered private placement to raise up to $5 million through two offerings: the LIFE Offering and the FT Offering, aimed at funding exploration projects and working capital. Group 1: LIFE Offering - Hertz Energy plans to issue up to 5,000,000 units at a price of $0.40 per unit, targeting gross proceeds of up to $2,000,000 [1] - Each unit consists of one common share and one-half of a warrant, with each whole warrant exercisable at $0.60 for a period of 24 months [1] - Proceeds will be allocated to exploration at the Crag and Rod properties and other projects, including the Craig silver-lead-zinc deposit [2] Group 2: FT Offering - The company intends to offer up to 6,000,000 flow-through units at $0.50 per unit, aiming for gross proceeds of up to $3,000,000 [4] - Each flow-through unit will consist of one common share and one-half of a warrant, with similar terms to the LIFE Offering [4] - Proceeds from the FT Offering will be used for Canadian Exploration Expenses related to the Crag and Rod properties and the Lake George Antimony-Tungsten-Gold Project [5] Group 3: Exploration Focus - The Crag and Rod properties are situated in a prospective sub-belt of the Rackla Belt, known for high-grade silver-lead-zinc and gold mineralization [2] - The Craig Deposit is a drill-defined asset with potential for resource expansion, remaining open along strike and at depth [2] - The exploration initiatives will focus on multiple under-explored zones within a 14-kilometre mineralized corridor [2] Group 4: Financial Terms and Conditions - A cash commission of 7.0% will be paid to qualified finders and brokers for both offerings, along with broker warrants [7] - The closing of both offerings is expected around February 28, 2026, subject to change [8] - Securities from the LIFE Offering will not have a hold period, while those from the FT Offering will be subject to a four-month hold period [3][6]
United States Antimony Corporation Announces Significant New Joint Venture With Americas Gold and Silver Corporation
Accessnewswire· 2026-02-10 12:30
Core Viewpoint - Antimony Corporation announces a joint venture with Americas Gold and Silver Corporation to build a new hydromet processing facility in Idaho, enhancing its position in the critical minerals market [1] Group 1: Joint Venture Details - The joint venture will construct a state-of-the-art hydromet processing facility on land adjacent to Americas' active silver, copper, and antimony mines [1] - The ownership structure of the joint venture is 51% Americas Gold and Silver Corporation and 49% Antimony Corporation, with Antimony Corporation acting as the managing member [1] Group 2: Company Positioning - Antimony Corporation is recognized as a leading producer and processor of antimony, zeolite, and other critical minerals [1] - The company is noted for being the only fully integrated antimony company outside of China and Russia [1]
Honey Badger Newly Identifies Important Indium, Tungsten, Bismuth, and Copper Mineralization in Addition to Known Silver, Lead & Zinc at the Hy Project, Yukon
TMX Newsfile· 2026-02-10 12:15
Core Insights - Honey Badger Silver Inc. has identified additional critical minerals potential at its 100%-owned Hy project in Yukon, including high values of indium, bismuth, copper, and tungsten across several zones [1][2][3] Company Overview - Honey Badger Silver Inc. is focused on developing a domestic supply chain for critical minerals in Canada, leveraging assay data from its properties, particularly the Hy project [2] - The company has six other 100%-owned, silver-rich properties, with three being more advanced and containing historic established mineral resources totaling approximately 150 million AgEq ounces [2] Hy Project Details - The Hy project covers a 7,160 ha land package located approximately 150 km north of Watson Lake, Yukon, and is road-accessible [3] - The property hosts several zones of high-grade silver-lead-zinc skarn mineralization, with historic drill intercepts showing significant mineralization [3] - Exploration efforts have focused on identifying new targets and developing the geological model, resulting in the discovery of new breccia-hosted and fracture-controlled targets [3] Critical Minerals Potential - The Hy project has revealed high-grade values of critical minerals, including up to 179.5 ppm indium, bismuth exceeding 1.0%, 0.27% tungsten oxide, and up to 171 ppm tellurium [5] - These minerals are essential for semiconductors, advanced alloys, renewable energy technologies, and high-performance electronics, enhancing the strategic value of the Hy project [5] Future Exploration Plans - Future work at the Hy project will continue to focus on silver potential while also exploring the newly identified critical minerals [10] - Areas with concentrated critical minerals, such as the SilverTung and Miko zones, will be prioritized for future exploration efforts [10]
洛阳钼业:目标价上调至 28.3 港元及 255.5 元人民币;维持 “买入” 评级
2026-02-10 03:24
09 Feb 2026 11:47:22 ET │ 17 pages Ac t i o n | CMOC (603993.SS/3993.HK) TP Raised to HK$28.3/sh and Rmb25.5/sh, Maintain Buy CITI'S TAKE We update our CMOC model to factor in updated metals price and production forecast, as well as the newly acquired gold assets in Brazil. We revise 2025/26/27E net profit forecast by +3.8%/+34.2%/+17.5% to Rmb20.5/33.9/31.8bn. We expect the attributable gold output from the acquired assets at 7.1t in 2026E and to contribute Rmb2.4bn net profit to CMOC, accounting for 7% of ...