Bert Dohmen, founder and CEO of Dohmen Capital Research, discusses precious metals.
He believes gold’s fundamentals support ‘much higher prices’ for a number of years, and sees silver doing even better as the US faces down the specter of potential deflation.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
For years, rare earths have been discussed mostly in times of crisis — a supply scare here, a geopolitical flare there. This year, the strategic minerals are again taking center stage as China reasserts control over the sector.
The latest round of rare earths policy shifts has put new attention on how producers outside China are positioning themselves. For MP Materials (NYSE:MP), 2025 has been less about responding to market turbulence and more about testing what a viable, strategically resilient rare earths supply chain could look like beyond China’s dominance.
“We’ve been talking about these issues for many, many years,” CFO Ryan Corbett said during a fireside chat at the Benchmark Week conference in Marina del Rey, California.
“But the export controls in April put everything in stark relief.” The result, he told the audience, has been a level of public and government attention he has “never seen before.”
And the attention is coming at a pivotal moment for the US-based company.
This year marked five years since MP went public, an anniversary the team celebrated by ringing the bell at the New York Stock Exchange, as well as the culmination of several major announcements aimed at strengthening rare earths production, processing and magnet making outside of China.
Corbett is the first to admit that the broader conversation around rare earths often oversimplifies the challenge. Headlines usually focus on mining or magnets, but the real bottlenecks, he stressed, live in the middle.
“You don’t magically take NdPr oxide and turn it into a magnet in a magnet factory,” he said. The process includes converting oxide to metal, metal to alloy flake, flake to powder, then pressing, sintering, slicing and grinding. Each step requires specific infrastructure, technical expertise and — perhaps most critically — experience.
Corbett sees this gap clearly in the wake of announcements from companies claiming to have plans for large-scale magnet facilities. “We see all these announcements — ‘We’re going to do a 10,000 ton magnet plant.’ They’ve never made metal before,” he said. “Good luck. It takes time. It takes investment. It takes R&D.”
When MP listed publicly five years ago, it was still producing only rare earths concentrate. The company told investors it would revisit magnet-making discussions around 2025.
Geopolitical urgency pushed MP to accelerate that timeline, leading to the company’s fully integrated US facility in Fort Worth, where metal, alloy and finished magnets are now all made domestically.
“It is critical that we master all of them at scale,” Corbett said. Without that know-how, any new facility will be vulnerable to single-point failures, the same dynamic that has left the industry heavily reliant on China.
When asked what truly slows down western rare earths supply chain development, Corbett didn’t point to mining. Instead, he pointed to refining, a stage China has dominated for decades.
“China doesn’t have 99 percent of the upstream reserves,” he noted. “They have the refining capacity and capability.”
That distinction is shaping MP’s next major step: a new world-scale refining facility in Saudi Arabia, built in partnership with Maaden and backed by the US Department of Defense (DoD).
The project is designed to process feedstocks from around the world, including materials that are too small, too short-lived or too geographically constrained to justify their own refineries.
Crucially, the new plant is being built with capital from the US government, not MP. “We didn’t want to be putting more capital at risk overseas while we’re fulfilling promises in the US,” Corbett said.
He added that the government wanted the facility built, and MP brought the technical and operational capability; the equity investment from the DoD bridged the gap.
The structure is unusual. According to Corbett, this is the first time since World War II that the DoD has taken an equity stake in a private enterprise. But he argued that the situation demands it.
“From a supply chain and national security perspective, we are that far behind.”
The DoD’s involvement isn’t limited to the Saudi facility.
This past summer, the department also struck a landmark agreement with MP, establishing a price floor for NdPr oxide, the high-value rare earths ingredient inside permanent magnets.
The deal is “absolutely transformational,” Corbett said.
Rare earths prices have historically been highly vulnerable to sudden moves from China, a fact that has long posed an existential risk to western refiners. “What good is it to invest billions of dollars if the second you turn your refinery on, prices go from US$170 to US$45?” questioned Corbett.
The agreement is structured to avoid distorting the downstream market. MP still sells oxide at market prices; the government covers the difference only when prices fall below the negotiated threshold.
“It doesn’t impact the pricing of our magnets at all,” Corbett explained. “That was really important to us.”
If prices soar — something Corbett says he would welcome — MP would pay the government.
“I hope five years from now I’m being accosted by investors for taking this deal, because prices are so high we’re cutting checks back to the government,” he said.
Also over the summer, MP announced another milestone — a major partnership with Apple (NASDAQ:AAPL) to source 100 percent recycled rare earth materials for the tech giant’s devices.
Recycling is often framed as a threat to miners. Corbett argues the opposite.
“It’s still a game of scale and expertise in refining,” he said. “It’s just a different feedstock.”
In many ways, recycled magnets are easier to process than raw ore. The challenge is achieving sufficient volume and consistency, something MP believes Mountain Pass is uniquely positioned to enable.
“Integration matters,” Corbett said. By blending recycled materials with the mine’s large, steady feedstock, MP can smooth out the variability inherent in end-of-life magnets.
Taken together, MP’s 2025 announcements point toward a broader shift in how western governments approach critical minerals supply chains moving forward. Heavy government involvement through frameworks like equity stakes, price floors and international partnerships may represent a new template.
“This administration is approaching it with the mentality that it’s going to take real dollars to make this happen,” Corbett said. And if its investments pay off, he argued, they could help rebuild an industrial base the US hasn’t had in decades as MP positions itself to offer the full value chain, from mining and refining to producing finished magnets.
“Once the flywheel gets going,” Corbett said, “You’re onto something.”
Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.
Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is proud to announce the successful first commercial installation of its proprietary energy management system, ‘The Hub,’ on a Risen battery energy storage system (BESS) at a customer site, marking a key commercialization milestone for the Company’s AI-driven energy solutions business.
The Hub is Homerun Energy’s advanced AI-enabled Energy Management System (EMS), built to orchestrate batteries and other flexible assets in real time to maximize revenue, reduce operating costs, and protect asset life. By connecting directly to the Risen BESS, The Hub now controls live charging and discharging at the customer’s site based on market signals, grid conditions, and on-site constraints, demonstrating full field functionality on a commercial battery platform.
‘This first commercial installation of The Hub on a Risen battery provides the validation investors have been waiting for,’ said Dr Luca Sorbello, CEO, Homerun Energy ‘We have moved from development to live operations, proving that our AI-enabled control system can unlock more value from storage assets while supporting a cleaner, more reliable grid.’
Learn more about the installation through this informative video: https://youtu.be/zwc_T0sPCVE
AI is central to the intelligence behind The Hub. By continuously analysing real-time data, from grid conditions and market prices to on-site consumption and battery health, The Hub’s AI models predict optimal dispatch strategies before they’re needed. This allows the system to automatically maximize revenue opportunities, reduce operating costs, and protect the battery from unnecessary wear. As The Hub learns from each installation, its algorithms become even more accurate, enabling smarter, faster, and more reliable control across an entire fleet of distributed energy assets.
The inaugural deployment enables:
As renewable generation continues to grow, battery storage and intelligent control systems are becoming critical to balancing supply and demand. With The Hub now operating on a live battery installation, Homerun Energy is positioned to support developers, asset owners, and utilities looking to maximize the value of their storage portfolios.
‘Storage is only as smart as the software that controls it,’ added Luca Sorbello ‘The Hub was built from the ground up for flexibility and scale, so this first installation is just the beginning.’
Learn more at www.homerunenergy.com
About Homerun
Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.
With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets-creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.
On behalf of the Board of Directors of
Homerun Resources Inc.
‘Brian Leeners’
Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)
Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276016
News Provided by Newsfile via QuoteMedia
Apollo Silver Corp. (‘ Apollo Silver ‘ or the ‘ Company ‘) (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF) is pleased to announce that it has engaged Equedia Network Corporation (‘Equedia’), an arm’s-length service provider, to provide communications and advisory services (the ‘Services’) in accordance with the policies of the TSX Venture Exchange (‘TSXV’) and applicable securities laws.
Based in Richmond, British Columbia, Equedia specializes in marketing, communications, media engagement, and public-awareness services within the mining and metals sector. Under a consulting services agreement dated November 25, 2025 (the ‘Agreement’), Equedia will provide communications, marketing, and advisory services to the Company for a three-month term for a one-time fee of US$350,000, plus applicable taxes.
Equedia currently hold 6,000 common shares of the Company, acquired through the open market. Equedia has advised that it may purchase additional common shares of the Company during the term of the Agreement. Equedia will not receive any common shares, options, or other securities of the Company as compensation.
The engagement is subject to the approval of the TSXV.
About Apollo Silver Corp.
Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US. The Calico Project hosts a large, bulk minable silver deposit with significant barite and zinc credits – recognized as critical minerals essential to the U.S. energy, industrial and medical sectors. Additionally, the Company has optioned Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major CRD deposit that is both high-grade and large tonnage. Led by an award-winning management team, Apollo’s growth strategy is matched only by the scale of the opportunity ahead.
Please visit www.apollosilver.com for further information.
ON BEHALF OF THE BOARD OF DIRECTORS
Ross McElroy
President and CEO
For further information, please contact:
Email: info@apollosilver.com
Telephone: +1 (604) 428-6128
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding ‘Forward-Looking’ Information
This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, the timing, scope, and success of planned marketing and advisory services by Equedia. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and Ba; the demand for silver, gold and Ba; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws .
News Provided by GlobeNewswire via QuoteMedia
TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF
Blue Sky Uranium Corp. (TSXV: BSK,OTC:BKUCF) (FSE: MAL2) (OTC: BKUCF), ‘Blue Sky’ or the ‘Company’) is pleased to announce the completion of a comprehensive Gap Analysis for the Ivana Uranium-Vanadium Deposit (‘Ivana’) at the Amarillo Grande Project in Río Negro Province, Argentina.
The Gap Analysis was prepared by M3 Engineering & Technology Corporation, supported by a consortium of specialized consulting firms, at the request of Ivana Minerales S.A, (‘IMSA‘) the operating company for the joint-venture between Blue Sky and a subsidiary of Corporacion America Group, (‘COAM‘) to advance Ivana.
Using the existing Preliminary Economic Assessment (‘PEA‘) as the baseline, the GAP Analysis provides a clear, actionable roadmap for advancing Ivana through the Pre-Feasibility Study (‘PFS‘) stage and potentially onward to the completion of a Feasibility Study (‘FS‘) and submission of the final Environmental Impact Assessment for Ivana. The timeline established by the roadmap is approximately 24 months to complete these steps, with an estimated overall budget of US$13.5 million, including contingencies.
Nikolaos Cacos, Blue Sky President & CEO commented, ‘Completing this Gap Analysis marks a significant strategic milestone for Blue Sky and IMSA. Our goal has always been to rapidly advance our first discovery at the Amarillo Grande project toward potential uranium production. This analysis focuses the remaining steps, providing an aggressive but systematic timeline and clear path forward. Our local partner is committed to this process with us and together we are moving Ivana forward rapidly and responsibly.‘
GAP Analysis Summary
The objective of the Gap Analysis was to identify technical, environmental, social, and regulatory areas where additional data collection, studies, or design are needed to support a PFS and FS. The baseline for all technical assessments was the PEA and updated Mineral Resource Estimate (‘MRE‘) for the Ivana deposit described in the NI 43-101 Technical Report dated April 2, 2024, filed on SEDAR+. The MRE includes 19.7 million tonnes at 0.039% U₃O₈ and 0.019% V₂O₅ in the Indicated category, and 5.6 million tonnes at 0.031% U₃O₈ and 0.019% V₂O₅ in the Inferred category. The PEA describes an initial 11-year mine life for the deposit, requiring a capital expenditure of US$159.7 million and an estimated average life-of-mine all-in sustaining cost of US$24.95 per pound U₃O₈, net of credits. The economic analysis includes an after-tax NPV8% of US$227.7 million, a payback period of 1.9 years, and an IRR of 38.9%. Readers are cautioned that the PEA is preliminary in nature and is intended to provide an initial assessment of the project’s economic potential and development options. The PEA mine schedule and economic assessment includes numerous assumptions and is based on both Indicated and Inferred mineral resources. Inferred resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA results will be realized. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Additional exploration will be required to potentially upgrade the classification of the inferred mineral resources to be considered in future advanced studies.
The Gap Analysis report confirms that Ivana benefits from strong baseline technical work, favorable metallurgy, clear permitting pathways, and a well-defined execution plan. The report provides a structured timeline to advance key areas in order to support a PFS and FS for Ivana:
In addition to identifying technical requirements, the study provides a high-confidence development framework that reduces execution risk and establishes a clear path to Feasibility Study level, culminating in the submission of an Environmental Impact Assessment report to the regulatory authorities. Key milestones in the path include:
The total cost to complete the required technical, environmental, and permitting studies up to the Feasibility Study level is estimated at US$11.4 million, with an additional US$2.05 million contingency, for a total of US$13.45 million.
Qualified Persons
The technical contents of this news release have been reviewed and approved by Mr. Ariel Testi, CPG, who works for the Company and is a Qualified Person as defined in National Instrument 43-101.
About Ivana Minerales S.A.
Ivana Minerales S.A. is the operating company for the joint-venture between Blue Sky and its partner Abatare Spain, S.L.U. to advance the Ivana Uranium-Vanadium deposit in Rio Negro Province of Argentina. The activities of IMSA are subject to the earn-in transaction (the ‘Agreement‘) in which COAM will fund cumulative expenditures of US$35 million to acquire a 49.9% indirect equity interest in the Ivana deposit, and then has the further right to earn up to an 80% equity interest in IMSA by completion of a feasibility study and funding the costs and expenditures up to US$160,000,000 to develop and construct the project to commercial production, subject to the terms and conditions in the Agreement. IMSA also has a Call Option to acquire a 100% interest in all or part of certain exploration targets owned by Blue Sky’s 100%-held subsidiary, subject to certain conditions. For additional details, please refer to the News Release dated February 27, 2025, as well as the Company’s latest Financial Statements & MD&A available at blueskyuranium.com.
About Blue Sky Uranium Corp.
Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky’s flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company’s recently optioned Corcovo project has potential to host an in-situ recovery (‘ISR‘) uranium deposit. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
‘Nikolaos Cacos’
______________________________________
Nikolaos Cacos, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements and forward-looking information (collectively, the ‘forward-looking statements’) within the meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’ ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward-looking statements that, other than statements of historical fact, address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the GAP Analysis providing a clear, actionable roadmap for advancing Ivana through the PFS stage and potentially onward to the completion of a Definitive Feasibility Study DFS and submission of the final Environmental Impact Assessment for Ivana, the timeline established by the roadmap being approximately 24 months to complete these steps, with an estimated overall budget of US$13.5 million, including contingencies, the timing of the completion of the milestones in the path, the Company’s planned drilling campaigns, its objectives and the potential mineral content of its projects. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: uncertainty relating to mineral resources; risks related to heavy metal and transition metal price fluctuations, particularly uranium and vanadium; risks relating to the dependence of the Company on key management personnel and outside parties; the potential impact of global pandemics; risks and uncertainties related to governmental regulation and the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations, including in respect of the Company’s planned exploration program described in this news release. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company’s public disclosure documents for a more detailed discussion of factors that may impact expected future results. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/blue-sky-uranium-completes-comprehensive-gap-analysis-for-ivana-deposit-and-identifies-clear-roadmap-to-feasibility-302626379.html
SOURCE Blue Sky Uranium Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2025/26/c9669.html
News Provided by Canada Newswire via QuoteMedia
BTU METALS CORP. (‘BTU’ or the ‘Company’) (TSXV:BTU)(OTCQB:BTUMF) announces that, further to the news release of November 11, 2025, the Company has closed the previously announced, over-subscribed non-brokered private placement of flow-through common shares by the issuance of 17,700,000 flow-through shares at a price of $0.05 per FT Share (the ‘FT Offering’), for gross proceeds of $885,000.
Each flow-through unit shall be comprised of one common share of the company issued on a flow-through basis and one-half of one common share purchase warrant to be issued on a non-flow-through basis. Each whole warrant shall entitle the holder thereof to acquire one common share of BTU at a price of $0.09 for a period of 12 months following the closing of the offering. The flow-through shares will qualify as flow-through shares (within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec).
In connection with the oversubscribed offering, the company paid finders’ fees to eligible finders consisting of $58,450 in cash and 1,106,000 non-transferable common share purchase warrants. Each finder warrant is exercisable to acquire one common share in the capital of the company at an exercise price of $0.05 per common share for a period of 12 months from the date of issuance. Closing of the offering is subject to approval of the TSX Venture Exchange. The securities issued under the offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.
‘The overwhelming response for this financing demonstrates strong market support for BTU’s portfolio of Ontario-based exploration projects in both the prolific Red Lake and Wawa mining districts,’ stated Paul Wood, CEO. We look forward to advancing all of our projects immediately and into 2026.’
About BTU
BTU Metals Corp. is a junior mining exploration company. BTU’s primary assets are the Dixie Halo Project located in Red Lake, Ontario (optioned to Kinross) immediately adjacent to the Kinross Great Bear Project, the Dixie East project and its gold and critical minerals properties in the active Wawa gold district. The Company continues to look to acquire high quality exploration projects to add to its portfolio for the benefit of its stakeholders. The Company has no debt and minimal property obligations.
ON BEHALF OF THE BOARD
‘Paul Wood‘
Paul Wood, CEO, Director
pwood@btumetals.com
BTU Metals Corp.
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain ‘forward-looking information’ within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions, plans and future actions of the Company.
Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.
This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risks relating to the global economic climate; dilution; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. The Company has also assumed that no significant events occur outside of the normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.
Source
In its 2025 federal budget, the Canadian government lays out a bold blueprint to foster competition, innovation and inclusion in the financial sector by accelerating open banking adoption.
With the Big Six banks holding 93 percent of banking assets, this consumer-driven reform aims to dismantle longstanding barriers, giving Canadians and small businesses greater control over their financial data and choices.
Open banking, also known as consumer-driven banking, enables secure, reliable and affordable sharing of financial data between banks and third-party service providers. The goal of this framework is to empower consumers by bringing them more customized and transparent financial products and services.
The Canadian government’s recent announcements, including legislative proposals and an oversight shift from the Financial Consumer Agency of Canada (FCAC) to the Bank of Canada (BoC), signal a serious commitment to delivering a competitive and consumer-centric financial ecosystem. Boms explained that, if implemented correctly, open banking could drive innovation and inclusion across Canada’s financial sector.
“It means a more holistic picture of your total financial life, including your investment portfolios,” he commented. “It’s also something that every other G7 country has and has had for quite some time, and so it provides the basis for a more competitive, more innovative and more efficient financial system.”
One shift in the proposed framework that Boms said is vital is the BoC taking control of regulatory oversight.
‘The FCAC, where (oversight) lived originally, really didn’t have any experience in creating a regulatory framework for non-banks,’ he said. In contrast, the BoC has direct experience in licensing for non-banks serving consumers. It oversees fintech firms such as Wealthsimple, Koho, Brim Financial and Venn under the Retail Payments Activities Act.
Smaller financial institutions, including credit unions, will stand to benefit significantly from this change, leveling the playing field with the Big Six banks, which, as mentioned, currently dominate banking assets.
However, Boms emphasized the importance of a risk- and size-based regulatory approach to ensure these smaller players can innovate without undue burdens: “You have to recognize that fundamentally smaller financial institutions, smaller fintechs, don’t have the same resources as bigger incumbents.”
This year’s Canadian federal budget introduces several important measures to enhance competition and give consumers more choice beyond the dominant bank oligopoly. One of the flagship promises is to ban transfer fees for investment and registered accounts, fees that currently cost Canadians around C$150 per account.
Draft regulations are expected by spring 2026 to enforce this ban, reducing friction and costs for consumers. Additionally, the budget includes initiatives to simplify switching primary chequing accounts between financial institutions, further lowering barriers for Canadians to move their banking relationships.
The budget also targets cross-border transfer fees by improving transparency, including fees related to foreign exchange margins, so consumers can better understand the costs of sending money internationally.
Accessibility to cheque funds will be improved by raising the dollar threshold and shortening hold periods on cheque deposits, benefiting Canadians who rely on cheques.
To support smaller lenders and foster broader financial inclusion, legislative amendments will make it easier for federal credit unions to scale and for provincial credit unions to enter the federal regulatory regime.
“If (smaller financial institutions) can get access to consumer data digitally, they can then become much more competitive without having to build the same type of infrastructure the biggest banks can afford to build,” said Boms.
A voluntary code of conduct is planned to improve smaller financial institutions’ access to brokered deposit channels, a vital funding source for growth. Furthermore, changes to the Bank Act and Canada Deposit Insurance Corporation Act will raise public holding requirement thresholds for smaller institutions.
That will allow them more flexibility to grow before triggering changes in ownership structure.
While Canada is still rolling out its open banking framework, countries like the UK and Australia demonstrate how open banking adoption fuels economic resilience and consumer benefits.
“Canada has learned from the experiences of (other) jurisdictions, good and bad, and taken those learnings and implemented (them) into what we see here,’ said Boms.
With a 2026 target for full read access, market participants are gearing up for a transformative shift in how financial data is handled. This initiative marks a pivotal move toward democratizing financial data and services in Canada.
The BoC’s expanded oversight role, coinciding with the launch of the real-time rail payment infrastructure and phased “write access” capabilities by mid-2027, will accelerate the system’s rollout.
This evolving infrastructure will facilitate instant payments and empower consumers with the ability to initiate actions like bill payments and account switching seamlessly.
Boms and FDATA Canada stand ready to guide this transformation, ensuring that open banking in Canada not only enhances competition, but also maintains safety, security and consumer protection.
Open banking’s architecture also presents fresh opportunities for digital currencies, with new legislation introduced requiring stablecoin issuers to maintain adequate high-quality reserves, clear redemption policies and robust risk management and security standards. Stablecoins could complement open banking by enabling faster, cheaper cross-border payments and settlements, especially for consumers and small businesses.
As open banking takes shape, Canadians and small businesses will gain unprecedented control over their financial lives, a change poised to ignite innovation, unlock economic potential and reshape the country’s banking landscape.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Corazon Mining (CZN:AU) has announced Execution of Land Access Agreement
Download the PDF here.
Exploration Program Targets Near-Mine Ounce Growth
Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce that exploration drilling has commenced on multiple high-priority exploration targets at its 100%-owned Goldfields Gold Project (‘Goldfields’ or the ‘Project’) in northern Saskatchewan.
The targets include opportunities for resource expansion at the Box and Athona deposits, and potential for the addition of new resources from underexplored historical occurrences at Frontier, Golden Pond, and Triangle — all within two kilometres of past-producing and expected future mine infrastructure (Figure 1).
An initial 17 exploration holes (3,250 metres) are planned with provision to expand the program in a results-driven manner. The exploration drilling will be carried out in conjunction with development-related drilling, supporting advancement of Goldfields to Pre-Feasibility Study, as described in the Company’s recent News Release.
Gareth Garlick, VP Technical Services for Fortune Bay, commented ‘We have initiated drilling within three weeks of closing our financing, demonstrating the pace at which we intend to advance the Project. Goldfields is already positioned as a robust development asset in Canada’s top mining jurisdiction, with work toward pre-feasibility and permitting in progress. Our exploration program is designed to unlock additional near-mine ounces that could further strengthen Goldfields’ exceptional economics and improve the overall development profile.’
Box Deposit – High-Grades Open at Depth
The Box deposit is wide open at depth. The Company’s 2021 drilling confirmed high-grades extending up to 240 m beyond the extents of the current open-pit constrained Mineral Resource Estimate (‘MRE’) (Figure 2), including:
Four initial drill holes (2,000 m) are planned to test and infill large gaps (up to 170 m) in the existing drill hole coverage outside of the MRE to test for extensions to high-grade zones with underground mining potential.
Gold mineralization occurs in sheeted and stockwork quartz–sulphide veins within the Box Mine Granite (‘BMG’), controlled by N-S and NW-SE trending structures. The Box Deposit currently hosts an open-pit constrained mineral resource including 734,300 oz Indicated (16.2 Mt @ 1.41 g/t), and 114,100 oz Inferred (3.4 Mt @ 1.04 g/t) (effective date September 11, 2025).
Athona Deposit – Near-Pit Resource Expansion Potential
Mineral resources at Athona are hosted entirely within the Athona Mine Granite (‘AMG’). The outcropping Athona West Mine Granite (‘AWMG’) is located immediately west of the AMG and displays gold mineralization similar in style to the AMG, but has not seen sufficient drilling to support estimation of mineral resources (Figure 3).
Two initial drill holes (270 m) are planned with the dual purpose of testing mineralization continuity in the AWMG and testing an underlying extension of the AMG below the AWMG. This target is located directly adjacent to, and partially overlapping, the Athona open-pit designed in the Updated PEA and has potential to cost-effectively add mineral resources with limited delineation drilling.
Gold mineralization at Athona occurs as stacked quartz–sulphide vein arrays controlled by NNE-trending structures. The Athona Deposit (AMG) currently hosts an open-pit constrained mineral resource including 255,400 oz Indicated (7.8 Mt @ 1.02 g/t) and 100,100 oz Inferred (4.0 Mt @ 0.78 g/t) (effective date September 11, 2025).
Exploration Drilling at Underexplored Historical Gold Occurrences
The Frontier, Golden Pond, and Triangle occurrences — all located within two kilometres of past-producing and expected future mine infrastructure — represent opportunities to define new mineralized zones that could ultimately contribute additional gold ounces to future Mineral Resource Estimates, thereby enhancing the overall scale and optionality of the Goldfields Project. The 2025/2026 exploration drilling program has been designed to test the size potential and continuity of shallow mineralized systems at these targets. Results from this work will be used to prioritize areas for follow-up delineation drilling, with the objective of advancing the most compelling opportunities in a cost-effective and timely manner.
Frontier – Located 800 metres northwest of the Box Deposit, the mineralized Frontier Mine Granite (‘FMG’) forms a 10–25 metre thick tabular body striking ENE–WSW and dipping gently to the SSE, similar in style to the Box Mine Granite. Historical work indicates that most mineralization occurs within a topographic high (outcropping to ~25 metres depth), which could provide a favourable strip ratio should a mineral resource be defined. Three initial drill holes (340 metres) are planned test for down-dip extensions of historically identified mineralization.
Golden Pond – Historical drilling at Golden Pond returned near-surface gold mineralization, with the vein system interpreted to remain open to the northwest. Six initial holes (440 metres) are planned to confirm historical results and to evaluate both along-strike and down-dip extensions of the mineralized structure.
Triangle – Triangle hosts a broad quartz-vein system that has returned surface grab samples up to 177 g/t gold from recent fieldwork. Unlike the granite-hosted targets at Box, Athona, Frontier, and Golden Pond, mineralization at Triangle occurs within less-resistant calcareous bedrock and is often masked by overburden. Historical drilling was limited and did not appropriately test the interpreted vein orientation.
Two initial drill holes (200 metres) will be completed to properly evaluate the target and assess continuity of the mineralized system both along strike and down dip.
Technical Disclosure
Current Drilling and Sampling Results
The Box 2021 (‘B21’) and 2022 (‘B22’) drill holes were oriented at moderate dips (-55 to -60 degrees) to the east to intersect the dominant mineralized vein-sets at high angles, and true thicknesses are estimated to be approximately 80% of the intersected lengths. Drill results shown are assays from 1 metre samples of half-cut NQ core composited into longer intervals using a minimum lower cut-off of 0.5 g/t Au, and maximum 5 metres of consecutive waste defined as < 0.3 g/t Au.
Surface sample results from Triangle derive from grab samples collected by hand from outcrop. Grab samples are selective in nature and are not necessarily representative of the overall mineralization at the occurrence.
Historical Results
Historical exploration results for Golden Pond and Frontier, that are being used to plan exploration holes, derive from assessment reports 74N08-0150 and 74N07-0315, respectively. These reports and supporting datasets are available for download from the Saskatchewan Mineral Assessment Database (‘SMAD’). Accordingly, historical results have not been verified and there is a risk that any future confirmation work and exploration may produce results that substantially differ from the historical results. The Company considers historical results relevant to assess the mineralization and economic potential of the property.
Mineral Resource Estimate
The Mineral Resource Estimate for Box and Athona is provided in the technical report titled ‘Goldfields Project Updated NI 43-101 Technical Report & Preliminary Economic Assessment, Saskatchewan, Canada‘, dated October 20, 2025, prepared by Kevin Murray, P.Eng.; Scott C. Elfen, P.E.; James Millard, P.Geo.; Jonathan Cooper, P.Eng.; Marc Schulte, P.Eng.; Cliff Revering, P.Eng.; and Ron Uken, Pr.Sci.Nat. for Fortune Bay Corp. The report is available under the Company’s issuer profile on SEDAR+ (www.sedarplus.ca) and on the Company’s website at www.fortunebaycorp.com.
Qualified Person & Technical Disclosure
The technical and scientific information in this news release has been reviewed and approved by Gareth Garlick P.Geo., Vice-President Technical Services of the Company, who is a Qualified Person as defined by NI 43-101. Mr. Garlick is an employee of Fortune Bay and is not independent of the Company under NI 43‑101.
About Goldfields
The 100% owned Goldfields Project (‘Goldfields’ or the ‘Project’) is located approximately 13 kilometres south of Uranium City, Saskatchewan. Goldfields hosts the Box and Athona gold deposits, as well as additional gold showings within the prospective Goldfields Syncline. The Box deposit was historically mined underground between 1939 and 1942, producing 64,000 ounces of gold. The Project is located within a historical mining area and benefits from established infrastructure, including a road and hydro-powerline to the Box deposit. Nearby facilities and services in Uranium City include bulk fuel, civils contractors, and a commercial airport.
About Fortune Bay
Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a gold exploration and development company advancing high-potential assets in Canada and Mexico. With a strategy focused on discovery, resource growth and early-stage development, the Company targets value creation at the steepest part of the Value Creation Curve—prior to the capital-intensive build phase. Its portfolio includes the development-ready Goldfields Project in Saskatchewan, the resource-expansion Poma Rosa Project in Mexico, and two optioned Athabasca Basin uranium portfolios providing non-dilutive capital and upside exposure. Backed by a technically proven team and tight capital structure, Fortune Bay is positioned for multiple near-term catalysts. For more information, visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.
On behalf of Fortune Bay Corp.
‘Dale Verran’
Chief Executive Officer
902-334-1919
Cautionary Statement
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements, and include, but are not limited to, statements with respect to: the results of the Updated PEA, including future Project opportunities, future operating and capital costs, closure costs, AISC, the projected NPV, IRR, timelines, permit timelines, and the ability to obtain the requisite permits, economics and associated returns of the Project, the technical viability of the Project, the market and future price of and demand for gold, the environmental impact of the Project, and the ongoing ability to work cooperatively with stakeholders, including Indigenous Nations, local Municipalities and local levels of government. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward- looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate Indigenous Nations and local Municipalities, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Fortune Bay Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2025/25/c2492.html
News Provided by Canada Newswire via QuoteMedia
(TheNewswire)
Toronto, Ontario November 25, 2025 TheNewswire – Laurion Mineral Exploration Inc. (TSX.V: LME | OTC: LMEFF) (‘LAURION’ or the ‘Corporation’) is pleased to announce encouraging results from its 7,700-metre Summer 2025 drill exploration program at the 100%-owned Ishkõday Project, located 220 km northeast of Thunder Bay in Greenstone, Ontario. The first five drill results were announced in the Corporation’s press releases dated August 19, 2025 and September 23, 2025, respectively, which targeted the high-grade gold-bearing vein systems of the Sturgeon River Mine area. Reference is also made to the Corporation’s press releases dated September 5, 2025, May 27, 2025 and May 8, 2025.
The reported drill holes below, LME25-063, LME25-064, LME25-065 and LME25-066, total 1,806 m. The holes were designed to evaluate the northeast extension of the mineralized system at the historic Brenbar Mine, with hole LME25-063, and then stepping out to the northeast of the Brenbar historic mine shaft targeting the untested M50 Quartz vein series with further drill holes.
Highlights of Drill Holes LME25-063, LME25-065 and LME25-066
LME25-063 0.7 m @ 2.67 g/t Au from 139.50 m to 140.20 m;
LME25-063 0.5 m @ 1.26 g/t Au from 393.40 m to 393.90 m;
LME25-065 0.50 m @ 1.78 g/t Au from 91.10 m to 91.60 m;
LME25-065 1.80 m @ 0.95 g/t Au from 149.60 m to 151.40 m, including: 0.80 m @ 1.90 g/t Au from 150.60 m to 151.40 m;
LME25-065 0.50 m @ 1.32 g/t Au from 292,30 m to 292.80 m;
LME25-066 1.50 m @ 1.02 g/t Au from 272,50 m to 274.00 m; and
LME25-066 0.70 m @ 2.42 g/t Au and 1.90 Au/t from 389.0 m to 389.70 m.
‘ While these results represent the early stages of testing in a geologically complex corridor, their significance lies in extending our knowledge of mineralization continuity between the historic Brenbar and Sturgeon River Mine areas, ‘ stated Cynthia Le Sueur-Aquin, President and CEO of LAURION. ‘This is the first time drilling has been completed across this untested structural corridor, and it is yielding valuable geological insight with oriented core, that will guide the next phase of our exploration program. Our focus remains on defining the broader mineralized system that links multiple historic mine zones, ultimately positioning Ishkōday as a district-scale gold and base metal opportunity.’
Table of Assays for Drill Holes for LME25-063 to LME25-066
|
Hole ID |
From (m) |
To (m) |
Core Length (m) |
Au (g/t) |
|
LME25-063 |
11.6 |
12.1 |
0.5 |
0.38 |
|
LME25-063 |
26.80 |
27.5 |
0.7 |
0.87 |
|
LME25-063 |
33.5 |
34.5 |
1.0 |
0.45 |
|
LME25-063 |
47.0 |
48.0 |
1.0 |
0.34 |
|
LME25-063 |
85.0 |
85.5 |
0.5 |
0.91 |
|
LME25-063 |
139.5 |
140.2 |
0.7 |
2.67 |
|
LME25-063 |
144.9 |
145.5 |
0.6 |
0.94 |
|
LME25-063 |
228.4 |
228.9 |
0.5 |
0.58 |
|
LME25-063 |
262.5 |
264.0 |
1.5 |
0.75 |
|
LME25-063 |
251.5 |
283.0 |
1.5 |
0.52 |
|
LME25-063 |
393.4 |
393.9 |
0.5 |
1.26 |
|
LME25-064 |
22.5 |
23.1 |
0.6 |
0.29 |
|
LME25-064 |
55.0 |
56.0 |
1.0 |
0.92 |
|
LME25-064 |
83.0 |
84.5 |
1.5 |
0.20 |
|
LME25-064 |
151.0 |
152.0 |
1.0 |
0.20 |
|
LME25-064 |
218.8 |
219.3 |
0.5 |
0.26 |
|
LME25-064 |
246.0 |
247.1 |
1.1 |
0.23 |
|
LME25-064 |
313.0 |
313.5 |
0.5 |
0.97 |
|
LME25-064 |
331.0 |
332.0 |
1.0 |
0.27 |
|
LME25-064 |
354.0 |
354.5 |
0.5 |
0.25 |
|
LME25-064 |
356.1 |
356.6 |
0.5 |
0.70 |
|
LME25-065 |
5.7 |
6.2 |
0.5 |
0.71 |
|
LME25-065 |
8.0 |
8.8 |
0.8 |
0.31 |
|
LME25-065 |
15.5 |
17.0 |
1.5 |
0.23 |
|
LME25-065 |
40.3 |
40.9 |
0.6 |
0.48 |
|
LME25-065 |
54.5 |
55.1 |
0.6 |
0.23 |
|
LME25-065 |
64.7 |
65.4 |
0.7 |
0.27 |
|
LME25-065 |
75.4 |
76.0 |
0.6 |
0.69 |
|
LME25-065 |
91.1 |
91.6 |
0.5 |
1.78 |
|
LME25-065 |
94.0 |
95.0 |
1.0 |
0.32 |
|
LME25-065 |
149.6 |
151.4 |
1.8 |
0.95 |
|
including |
150.6 |
151.4 |
0.8 |
1.90 |
|
LME25-065 |
20.08 |
209.0 |
1.0 |
0.44 |
|
LME25-065 |
223.5 |
224.0 |
0.5 |
0.20 |
|
LME25-065 |
235.0 |
236.0 |
1.0 |
0.40 |
|
LME25-065 |
243.5 |
245.0 |
1.5 |
0.29 |
|
LME25-065 |
292.3 |
292.8 |
0.5 |
1.32 |
|
LME25-065 |
309.9 |
310.4 |
0.5 |
0.25 |
|
LME25-065 |
319.7 |
320.9 |
1.2 |
0.21 |
|
LME25-065 |
319.7 |
320.2 |
0.5 |
0.32 |
|
LME25-065 |
365.0 |
365.5 |
0.5 |
0.27 |
|
LME25-065 |
391.2 |
391.7 |
0.5 |
0.22 |
|
LME25-065 |
417.3 |
417.8 |
0.5 |
0.80 |
|
LME25-065 |
487.4 |
488.2 |
0.8 |
0.38 |
|
LME25-066 |
5.46 |
6.5 |
1.04 |
0.21 |
|
LME25-066 |
13.3 |
14.75 |
1.45 |
0.37 |
|
LME25-066 |
85.0 |
89 |
4.0 |
0.26 |
|
LME25-066 |
86.25 |
87.1 |
0.85 |
0.53 |
|
LME25-066 |
117.0 |
118 |
1.0 |
0.67 |
|
LME25-066 |
223.7 |
225.5 |
1.8 |
0.25 |
|
LME25-066 |
251.5 |
252.1 |
0.6 |
0.34 |
|
LME25-066 |
257.4 |
258.15 |
0.75 |
0.46 |
|
LME25-066 |
272.5 |
274.0 |
1.5 |
1.02 |
|
LME25-066 |
303.0 |
303.5 |
0.5 |
0.41 |
|
LME25-066 |
307.8 |
308.3 |
0.5 |
0.94 |
|
LME25-066 |
310.2 |
310.7 |
0.5 |
0.70 |
|
LME25-066 |
324.6 |
325.1 |
0.5 |
0.46 |
|
LME25-066 |
327.4 |
327.9 |
0.5 |
0.93 |
|
LME25-066 |
339.0 |
340.0 |
1.0 |
0.25 |
|
LME25-066 |
389.0 |
389.7 |
0.7 |
2.42 |
|
LME25-066 |
400.0 |
400.65 |
0.65 |
0.84 |
|
LME25-066 |
413.8 |
414.3 |
0.5 |
0.21 |
|
LME25-066 |
465.2 |
465.8 |
0.6 |
0.20 |
Note: (Intervals represent core length. The interval widths reported are down-hole widths. The true widths of the mineralized zones are not known at this time as there is insufficient information to determine the orientation of the mineralization. True widths are estimated at ~70–90% of reported intervals.)
|
Drill Hole ID |
Azimuth |
Dip |
Depth (m) |
|
LME25-063 |
150 |
-50 |
435 |
|
LME25-064 |
150 |
-50 |
366 |
|
LME25-065 |
150 |
-50 |
513 |
|
LME25-066 |
150 |
-50 |
492 |
|
TOTAL |
1,806 |
Sampling and QA/QC Protocols
All drill core is transported and stored inside the core facility located at the Ishkõday Project in Greenstone, Ontario. LAURION employs an industry standard system of external standards, blanks and duplicates for all of its sampling, in addition to the QA/QC protocol employed by the laboratory. After logging, core samples were identified and then cut in half along core axis in the same building and then zip tied individually in plastic sample bags with a bar code. Approximately five or six of these individual bags were then stacked into a ‘rice’ white material bag and stored on a skid for final shipment to the laboratory.
All core samples were shipped to the ALS facility in Thunder Bay, Ontario, which were then prepared by ALS Global Geochemistry in Thunder Bay and analyzed by ALS Global Analytical Lab in North Vancouver, British Columbia. Samples are processed by 4-acid digestion and analyzed by fire assay on 50 g pulps and ICP-AES (InductivelyCoupledPlasma – AtomicElement-Spectroscopy). Over limit analyses are reprocessed with gravimetric finish.
A total of 5% blanks and 5% standard are inserted randomly within all samples. 5% of the best assay result pulps were sent for re-assays. All QAQC were verified, and no contamination or bias have been observed. The remaining half of the core, as well as the unsampled core, is stored in temporary core racks at the core logging facility in Beardmore and moved to the core storage facility at the Ishkõday Project.
Qualified Person
The technical contents of this release were reviewed and approved by Jean-Philippe Paiement, PGeo, MSc, a consultant to LAURION and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects .
About LAURION Mineral Exploration Inc.
The Corporation is a mid-stage junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has 274,097,283 outstanding shares, of which approximately 73.6% are owned and controlled by insiders who are eligible investors under the ‘Friends and Family’ categories.
LAURION’s emphasis is on the exploration and development of its flagship project, the 100% owned mid-stage 57 km 2 Ishkõday Project, and its gold-rich polymetallic mineralization.
LAURION’s chief priority remains maximizing shareholder value. A large portion of the Corporation’s focus in this regard falls within the scope of its mineral exploration activities and more specifically, advancing the Ishkõday Project. A consequence of LAURION’s success and advancement over the past several years is that the Corporation has become positioned as an acquisition target for appropriate potential acquirors. Accordingly, the Corporation’s Board of Directors is aware that possible strategic alternatives and transactional opportunities may arise and/or could be procured in the short or medium terms. The Corporation will promptly issue a press release if any material change occurs.
FOR FURTHER INFORMATION, CONTACT:
LAURION Mineral Exploration Inc .
Cynthia Le Sueur-Aquin – President and CEO
Tel: 1-705-788-9186 Fax: 1-705-805-9256
Douglas Vass – Investor Relations Consultant
Email: info@laurion.ca
Website: http://www.LAURION.ca
Follow us on: X (@LAURION_LME ), Instagram (laurionmineral) and LinkedIn ( )
Caution Regarding Forward-Looking Information
This press release contains forward-looking statements, which reflect the Corporation’s current expectations regarding future events including with respect to LAURION’s business, operations and condition, management’s objectives, strategies, beliefs and intentions, the Corporation’s ability to advance the Ishkõday Project, the nature, focus, timing and potential results of the Corporation’s exploration, drilling and prospecting activities in 2025 and beyond, including the Corporation’s diamond drill program described in this press release and the Corporation’s other planned activities for the Ishkõday Project for the remainder of 2025, and the statements regarding the Corporation’s exploration or consideration of any possible strategic alternatives and transactional opportunities, as well as the potential outcome(s) of this process, the possible impact of any potential transactions referenced herein on the Corporation or any of its stakeholders, and the ability of the Corporation to identify and complete any potential acquisitions, mergers, financings or other transactions referenced herein, and the timing of any such transactions. The forward-looking statements involve risks and uncertainties. Actual events and future results, performance or achievements expressed or implied by such forward-looking statements could differ materially from those projected herein including as a result of a change in the trading price of the common shares of LAURION, the TSX Venture Exchange or any other applicable regulator not providing its approval for any strategic alternatives or transactional opportunities, the interpretation and actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of gold and/or other metals, possible variations in grade or recovery rates, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform, labor disputes and other risks of the mining industry, delays in obtaining governmental approvals or financing or in the completion of exploration, as well as those factors disclosed in the Corporation’s publicly filed documents. Investors should consult the Corporation’s ongoing quarterly and annual filings, as well as any other additional documentation comprising the Corporation’s public disclosure record, for additional information on risks and uncertainties relating to these forward-looking statements. The reader is cautioned not to rely on these forward-looking statements. Subject to applicable law, the Corporation disclaims any obligation to update these forward-looking statements. All sample values are from grab samples and channel samples, which by their nature, are not necessarily representative of overall grades of mineralized areas. Readers are cautioned to not place undue reliance on the assay values reported in this press release.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Copyright (c) 2025 TheNewswire – All rights reserved.
News Provided by TheNewsWire via QuoteMedia