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Tajiri Resources Corp. (TSXV: TAJ) (‘Tajiri’ or the ‘Company’) is pleased to report results from its ongoing Phase II trenching program at the majority owned Yono Project, Guyana, which indicate three significant gold zones potentially hosting economic mineralisation. All results are given in Table 1 and locations of trenches and mineralised intersections are shown in Figure 1.

*To View Full Presentation of Figures Associated with this announcement visit: https://tinyurl.com/TAJPR1202F

Yono is contiguous with and surrounded by the Oko and Oko West Properties of TSX listed G2 Goldfields Inc. ‘G2’ & G Mining Ventures ‘GMIN’, which collectively host 6.9 Moz and 2.0 Moz of Indicated and Inferred Resources (~ 94Mt @ 2.3g/t Ind. & 26Mt @ 2.5g/t Inf)1 within 150-170m of Yono’s eastern boundary and extending north and south of Yono over a total distance of ~ 5km. Currently the Oko West Deposit of GMIN is in construction with production slated for Q1 2028.

The three significant zones with potential to host economic gold mineralisation are as follows:

  • North ‘Tweener Zone – Carbonaceous Metasediment Contact

A cluster of trench intersections – YTR16 20m @ 1.4g/t; YTR4R 12m @ 2.5g/t; YTR18 4m @ 1.8g/t & 4m @ 5.5g/t Gold situated on the northern boundary of Yono, which combined with mapping indicates a complex mineralised and folded contact zone between carbonaceous metasediments and a sequence of interbedded chloritic metasediments + volcanics (Figure 2). The zone strikes, dips and plunges southwards into Yono and is possibly an extension of the same mineralised contact encountered in YTR4, which returned 19m @ 4.6g/t Au2 400m south of the above-mentioned intersections (Figure 3). In addition, the Zone may strike southwards for ~ 800m before reaching the Projects boundary. Thus, a highly significant zone with substantial strike potential is indicated for immediate follow-up.

  • Ridgeline Splay ZoneDiorite Contact

YTR8 intersected 18m @ 0.8g/t including 10m @ 1.1g/t Gold. Combined with geophysics, mapping, geochemical and trench assays, the intersection is highly significant because it reveals a gold mineralised contact between diorite and country rock that extends through Yono for a distance of ~ 1,200m (Figure 4). The geological setting is directly analogous to the large Ghanie and Oko West deposits which are hosted in the contact zone of the Ghanie Diorite and lie at their closest point ~150m from the Yono.

  • Eastern Border Zone

YTR 15, located in the southeast corner of Yono intersected 18m @ 0.5g/t including 8m @ 1.0g/t Gold. Mapping indicates the zone has a similar strike to Ghanie and the northern part of the Oko West Deposits at ~ 10-15°. The zone strikes northwards along the eastern boundary of Yono for a distance of some ~ 700m through the previously reported intersection of 1m @ 10.8g/t Gold encountered in trench YTR7 and into a cluster of higher auger values including, 1.6g/t Gold further north, before being inferred to pass into the tenure of G2 (Figure 5).

The implication of the zone is that it demonstrates the existence of potentially economic mineralisation west of, striking parallel to and near the Ghanie and Oko West deposits. To date, there has been a dearth of exploration within the tenure of both G2 and GMIN along the Yono border area despite there being abundant alluvial and bedrock artisanal workings indicating mineralised zones may exist in the footwall of the Ghanie Diorite within this area. The exploitation of any substantial mineralisation discovered, west of the Ghanie and Oko West deposits may require mining operations impinging onto Yono.

  • Others

In addition to the above significant intersections trenches have also encountered substantial widths of gold anomalism ~10-26m @ ~ 0.1-0.2g/t Gold (Table 1 & Figure 1) which may be indicative of better mineralisation along strike or down dip of these anomalous zones (Figure 5). Such is supported by the style of mineralisation in the district where early trench results over the Oko West Deposit- 5.41Moz and 0.4M oz Indicated & Inferred Resources (80Mt @ 2.1g/t Ind. & 5.1Mt @ 2.4 Inf) show marked short range variation in widths and grades of mineralisation over strike lengths of ~100m (Figure 6).

Exploration Progress

Currently a 2,610m trenching program, targeting better auger anomalies is underway. To date, 1,800m has been completed. Field operations recommenced January 15. Currently an additional ~ 1,500m of trenching is being planned. Currently trenches to explore beyond YTR3, 3R, 16 & 17 are in progress.

Trenching and mapping has identified ferricrete capping a large portion of Yono (Figure 5). As a result, the Company is evaluating power auger drilling and/or shallow RC drilling to effectively test gold anomalies beneath the ferricrete cap, which is typically strongly leached of gold.

Executive Chairman, Dominic O’Sullivan, commented: ‘Our confidence in the potential for Yono to host significant economic gold mineralization continues to grow with each phase of results. The project now hosts at least three mineralized structural-stratigraphic corridors totalling approximately 3 km of strike length, each returning gold grades in excess of 1 g/t. Additional anomalous zones have also been identified that may develop into higher-grade mineralization along strike or at depth. Based on these results, the Company is accelerating its exploration programs and is in the process of hiring additional geological staff and mobilizing a second excavator to expedite trenching.’

On Behalf of the Board,

Tajiri Resources Corp.

Graham Keevil,
President & CEO

About Tajiri Resources

Tajiri Resources Corp. is a junior gold exploration and development Company with exploration assets located in the emerging premier gold destination of Guyana, South America. Lead by a team of industry professionals with a combined 100 plus years’ experience – 40 of that in Guyana; and a track record of discovering ~20 million ounces of gold in Western Australia, West Africa and Guyana- the Company’s goal is to generate the highest possible returns for shareholders through exploration and discovery.

Contact Information:

Tajiri Resources Corp.
Graham Keevil
President, CEO
778-229-9602
graham@tajirigold.com
www.tajirigold.com

Methodology

Trenches were dug by a 25 tonne New Holland excavator, rented by the Company. Ground is first cleared and soil and laterite overburden is removed to a depth 2-4m in an upper bench. Thence the trench is dug to a total depth of 6-7m (2-3m below the upper bench) to reach underlying saprolite where possible.

Sampling is routinely conducted as horizontal channels taken on the south side of the trench along the floor mostly as 2m continuous composites. The entire length of a trench is sampled and in areas of potential interest the sampling interval may be tailored to the interval of interest with sample intervals of 1m or less if required (e.g. YTR3 @ 80-80.3m). Trench walls are cleaned prior to channel sampling, preventing contamination from higher in the weathered profile. All trenches are sampled from west to east or from south to north and intervals reported herein are referenced from the western and southern end of trenches.

Orientations and positions of all reported trenches and intersections are shown in Figure 1 together with the mineralised intervals referred to in the Table of significant intersections. Except for Trenches YTR6 and YTR7 all trenches were excavated in an east west orientation to cut inferred dominant north-south striking zones.

Samples, weighing typically between 2-5kg, are bagged and labelled immediately after sampling and stored on site until transport to either Actlabs or MSA laboratories in Georgetown Guyana, respecting industry standard chain of custody procedures. At Actlabs samples are dried and crushed to 80% passing 2mm and a 250g aliquot is riffle split and pulverised and analysed by 50-gram fire assay. At MSA labs a 1,000-gram aliquot is pulverised. Initial assay readings are by atomic absorption with samples returning values greater than 3.0g/t being re-assayed with a gravimetric finish. The detection limit for both laboratories is 5ppb. The company inserts a QA/QC sample every 10th sample alternating between duplicates, blanks and standards. Bulk rejects and pulps are retained for 3 months for any required re-assay after which bulk rejects are discarded and pulps retained.

Qualified Person

The scientific and technical contents of this news release have been reviewed and approved by Dominic O’Sullivan B.Sc. and Executive Chairman of the Company. Mr. O’Sullivan is an Honours Graduate of the University of Sydney and a member of the AusIMM and a qualified person, as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Forward-Looking Statements

This news release contains ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward- looking statements and are based on expectations, estimates and projections as at the date of this news release, including without limitation; estimated timing, obtaining the final approval of the TSXV, geological interpretations relating to the Yono Gold Property and potential mineral recovery processes or results. Any statement that involves 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 statements.

Forward-looking statements contained herein are made as of the date of this press release, and the Company disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward- looking statements.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy and / or accuracy of this release.

Table 1
Significant Trench Intercepts

Trench Total Length
Metres
From
(m)
To
(m)
Interval
(m)
Au
g/t
YTR3R 12 0 12 12 2.4
incl 6 8 2 6.0
YTR4X 100 0 12 12 0.2
82 84 2 0.6
YTR 8X 40 10 36 22 0.8
Incl. 8 1.1
YTR10 470 394 418 24 0.2
446 456 10 0.2
YTR15 160 114 132 18 0.5
114 122 8 1.0
YTR12 270 112 118 6 0.5
214 218 4 0.7
YTR16 20 0 20 20 1.4
Incl. 6 8 2 7.3
YTR17 22 NSR
YTR18 22 0 4 4 1.8
18 22 4 5.5
YTR19 66 0 26 26 0.2

Intercepts are reported with a maximum of 2m of internal dilution at a cutoff grade of 0.1g/t. Internal dilution of 2m has been applied to intercepts that average >1g/t and 6m to anomalous zones which average <1g/t. All intervals are given as the intersected widths and while strikes and dips of structures, contacts and veins associated with mineralised intervals have been measured during routine mapping of the trenches, given the early nature of exploration and the fact that vein orientations within shear zones commonly occupy an array or orientations often oblique to the true strike and width of a mineralised zones we cannot at this stage give a true width for the mineralised intervals given in the above table.

End notes: Cannot view this image? Visit: https://insiderlegacysecret.com/wp-content/uploads/2026/02/283671_07e392526414cab6_002full.jpg

The disclosure in this news release includes information on properties adjacent to Tajiri’s projects. Tajiri has no interest in or rights to acquire any interest in such adjacent properties, and the information presented is not necessarily indicative of the mineralization on the Yono Gold Property. The results from adjacent properties are disclosed strictly to provide context and should not be interpreted as suggesting that similar results will be obtained from the Yono Gold Property.

Mineral Resources quantified for the neighbouring properties may be found on p17 and p1-14 respectively of the below referenced Technical Reports.

Lewis W. J., Sarkar C., San Martin A.J. & Gowans R. (2025) NI 43-101 Technical Report for the 2025 Updated Mineral Resource Estimate for the Oko Gold Property in the Co-operative Republic of Guyana, South America, Effective Date March1, 2025; Report Date: April 24, 2025. Micon International; report prepared for G2 Goldfields Inc. https://g2goldfields.com/technical/

Beaulieu C, Leahy K., Lincoln N., Burelle A., Guido S., Murphy P., Behrens da Franca P.R,. (2025) Feasibility Study NI43-101 Technical Report Oko West Project, Effective Date April 28, 2025, Issue Date June 06, 2025. G Mining Services; report prepared for G Mining Ventures. https://downloads.ctfassets.net/hdghwvgt3xim/42yNQ6zp8FAkSRXacGSzIk/86eacbd8f9c5798be50c098fc64097f1/GMIN_2025_OKO_WEST_FS_Technical_Report_43-101-_FINAL_WEBSITE.pdf

Summary Resources Tabulated below,
Combined both Open Pit and Underground Resources

G2
OMZ, Ghanie & Oko NW
Tonnage Grade
(g/t)
Contained ounces
(Millions of ounces)
Total Indicated Resources 13,435,000 3.4 1.471
Total Inferred Resources 20,511,000 2.5 1.635
GMIN
OKWD
Total Indicated Resources 80,259,000 2.1 5.407
Total Inferred Resources 5,127,000 2.4 0.39
G2 & GMIN
Combined
Combined Total Indicated Res. 93,694,000 2.3 6.878
Combined Total Inferred Res. 25,638,000 2.5 2.025

1 See End Note for a breakdown of adjacent G2 and GMIN resources, and sources.
2 See Tajiri News release of 17th Decemeber 2025 for details. Further descriptive details of the style of mineralisation in YTR16 are also given in the aforementioned News Release.

Source

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western copper and gold corporation. (TSX: WRN) (NYSE American: WRN) (the ‘Company’) is pleased to announce that, due to significant investor demand, it has entered into an amended agreement with Stifel Canada, on its own behalf and on behalf of a syndicate of underwriters (the ‘Underwriters’), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 19,277,500 common shares of the Company (the ‘Common Shares’) at a price of C$4.15 per Common Share (the ‘Offering Price’) for gross proceeds to the Company of approximately C$80,001,625 (the ‘Offering’).

The Company has granted the Underwriters an option, exercisable, in whole or in part, at any time until and including 30 days following the closing of the Offering, to purchase up to an additional 2,891,625 Common Shares of the Offering. If this option is exercised in full, an additional C$12,000,243.75 in gross proceeds will be raised pursuant to the Offering and the aggregate gross proceeds of the Offering will be approximately C$92,001,869.

The Company plans to use the net proceeds from the Offering to advance permitting and engineering activity at the Company’s Casino Project in the Yukon, and for general corporate and working capital purposes.

The Offering will be made by way of a short form prospectus (together with any amendments thereto, the ‘Prospectus‘) filed in all of the provinces of Canada, except Québec, and in the United States pursuant to a prospectus filed as part of a registration statement on Form F-10 (together with any amendments thereto, the ‘Registration Statement‘) under the Canada/U.S. multi-jurisdictional disclosure system. The Prospectus and the Registration Statement are subject to completion and amendment. Such documents contain important information about the Offering. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

The Registration Statement relating to the Common Shares has been filed with the United States Securities and Exchange Commission but has not yet become effective. The Common Shares to be sold pursuant to the Offering described in this news release may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. Before readers invest, they should read the Prospectus in the Registration Statement and other documents the Company has filed with Canadian regulatory authorities and the United States Securities and Exchange Commission for more complete information about the Company and the Offering. The Prospectus is available on SEDAR+ at www.sedarplus.ca. The Registration Statement is available on EDGAR at www.sec.gov. Alternatively, the Prospectus and the Registration Statement may be obtained, for free upon request, from Stifel Canada at 161 Bay Street, Suite 3800, Toronto, Ontario, Canada M5J 2S1 or by email at syndprospectus@stifel.com.

The Offering is scheduled to close on or about February 26, 2026, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange and the NYSE American and the applicable securities regulatory authorities.

About western copper and gold corporation

western copper and gold corporation is advancing the Casino Project, Canada’s premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.

On behalf of the board,

‘Sandeep Singh’

Sandeep Singh
Chief Executive Officer
western copper and gold corporation

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain forward-looking statements concerning the timing and completion of the Offering, the gross proceeds of the Offering and the use of proceeds from the Offering, the over-allotment option to be granted to the Underwriters, the necessary regulatory approvals required for the Offering being received and the expected closing date of the Offering. Statements that are not historical fact are ‘forward-looking statements’ as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and other U.S. securities law and ‘forward-looking information’ as that term is defined in National Instrument 51-102 (‘NI 51-102’) of the Canadian Securities Administrators (collectively, ‘forward-looking statements’).

Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’ and similar expressions, or statements that events, conditions or results ‘will’, ‘may’, ‘could’ or ‘should’ occur or be achieved. The material factors or assumptions used to develop forward-looking statements include, but are not limited to, the assumptions that all regulatory approvals of the Offering will be obtained in a timely manner; all conditions precedent to completion of the Offering will be satisfied in a timely manner; and that market or business conditions will not change in a materially adverse manner. Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of the Company and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties related to raising sufficient capital in a timely manner and on acceptable terms; and other risks and uncertainties disclosed in the Company’s AIF and Form 40-F, including those under the heading ‘Risk Factors’ and other information released by the Company and filed with the applicable regulatory agencies.

The Company’s forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and  the Company does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

Cision View original content:https://www.prnewswire.com/news-releases/western-copper-and-gold-announces-upsized-c80-million-bought-deal-financing-302686537.html

SOURCE western copper and gold corporation

Cision View original content: http://www.newswire.ca/en/releases/archive/February2026/12/c4373.html

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Oreterra Metals Corp. (TSXV: OTMC,OTC:RMIOD) (OTCID: RMIOD) (FSE: D4R0) (WKN: A421RQ) (‘Oreterra’ or the ‘Company’) (previously, ‘Romios Gold Resources Inc.’) is pleased to announce that, due to significant demand, the non-brokered private placement financing announced on February 10, 2026 will be increased by up to $2,000,000 for aggregate gross proceeds of up to $8,000,000 through the issuance of a combination of up to $4,000,000 in hard-dollar units (‘HD Units’) of the Company at a price of $0.45 per HD Unit and up to $4,000,000 in flow-through units (‘FT Units’) at a price of $0.50 per FT Unit (collectively, the ‘Offering’). Closing of the Offering is scheduled for on or before February 27, 2026.

Insiders may participate for up to 5% of the Offering. Such insider private placements will be exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 (‘MI 61-101‘) by virtue of the exemptions contained in sections 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company which will be issued to the insiders will not exceed 25% of its market capitalization.

Financing Details:

Each HD Unit, priced at $0.45, comprises of one (1) common share of the Company and one (1) common share purchase warrant (each a ‘HD Warrant‘). Each HD Warrant will entitle the holder thereof to acquire one additional common share of the Company at an exercise price of $0.60 per share for three years following the closing of the Offering.

Each FT Unit, priced at $0.50, comprises of one (1) common flow-through share of the Company (each a ‘FT Share‘), and one (1) common share purchase warrant (each an ‘FT Warrant‘). Each FT Warrant will entitle the holder thereof to acquire one additional common share of the Company at an exercise price of $0.60 per share for three years following the closing of the Offering.

The Company may pay eligible finders a fee of 6% of the proceeds from the sale of HD Units or FT Units in cash or securities, or a combination of both, subject to the rules of the TSX Venture Exchange (the ‘TSXV‘).

The FT Shares will qualify as ‘flow-through shares’ (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the ‘Tax Act’). An amount equal to the gross proceeds from the issuance of the FT Shares will be used to incur eligible resource exploration expenses which will qualify as (i) ‘Canadian exploration expenses’ (as defined in the Tax Act), and (ii) as ‘flow-through critical mineral mining expenditures’ (as defined in subsection 127(9) of the Tax Act) (collectively, the ‘Qualifying Expenditures‘). Qualifying Expenditures in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares will be incurred (or deemed to be incurred) by the Company on or before December 31, 2027 and will be renounced by the Company to the initial purchasers of the FT Shares with an effective date no later than December 31, 2026. The net proceeds from the issuance of HD Units will be primarily used for exploration activities at the Company’s Trek property, as well as for general working capital purposes.

It is expected that the Offering will close on or before February 27, 2026, or such other date or dates that the Company may determine (the ‘Closing Date‘), subject to the receipt of all required regulatory approvals, including the approval of the TSXV. All securities issued in connection with the Offering will be subject to a hold period of four months and one day from the Closing Date, in accordance with applicable Canadian securities laws.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Oreterra Metals Corp.

Oreterra Metals Corp. commenced trading on February 2, 2026, under the new ticker OTMC, following a months-long effort to restructure the former Romios Gold Resources Inc.. Management took on the task because it believes the Company’s wholly-owned Trek South porphyry copper-gold prospect represents, based upon the impressive results of the spectrum of geosciences applied to the target area to date, among the finest new targets of its kind in BC’s Golden Triangle. The Company recently released (news, January 22, 2026) a National Instrument 43-101 Technical Report for the Trek property which recommends two initial phases of drilling at Trek South, for execution in the approaching 2026 field season. A copy of the Technical Report is available on the Company’s website at www.oreterra.com, and on the Company’s SEDAR+ issuer profile at www.sedarplus.com.

Additional wholly-owned Company property interests include two former producers in Nevada: the Kinkaid claims in the Walker Lane trend covering numerous shallow Au-Ag-Cu workings over what is believed to be one or more porphyry centres (source: J.Biczok, P.Geo, June 2025, Kinkaid Gold-Copper-Silver Project, www.oreterra.com), and the Scossa mine property in the Sleeper trend which is a former high-grade gold producer (source: J.Biczok, P.Geo, July 2025, Scossa Historic Gold Mine Property, www.oreterra.com). The Company also holds a 100% interest in the large Lundmark-Akow Lake Au-Cu property adjacent to the northwest of the Musselwhite Mine in northwestern Ontario, where drilling by the Company has produced highly encouraging, broad VMS-style Au-Cu intersections.

For further information visit www.oreterra.com or contact:

Kevin M. Keough
Chief Executive Officer
Tel: 613 622-1916
Email: kkeough@oreterra.com
Stephen Burega
President
Tel: 647 515-3734
Email: sburega@oreterra.com

 

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 certain ‘forward-looking statements’ which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as ‘believes’, ‘anticipates’, ‘expects’, ‘estimates’, ‘may’, ‘could’, ‘would’, ‘will’, or ‘plan’. 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. 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, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations, 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.

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–Seven diamond drill holes (1,244m) completed in less than two weeks with confirmed oxide mineralization in all logged holes–

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discoveries, is pleased to provide an operational update on its ongoing 2026 phase of the maiden Mineral Resource Estimate (‘MRE’) diamond drill program at the Trapper Zone within the 100%-owned Radar Titanium-Vanadium-Iron Project near Cartwright, Labrador, Canada.

Drill Program Highlights

  • Completed seven (7) holes (R-0016 to R-0022) with significant oxide intercepts ranging from 58 m to 111.67 m, predominantly semi-massive oxide with extensive rhythmic layering.
  • Multiple holes intercepted broad zones of semi-massive oxide exceeding 65–87 m, confirming increased oxide concentration and thickness in the southeastern anomaly.
  • Rhythmic banding and semi-massive to massive oxide mineralization observed consistently, aligning with prior high-grade results from Trapper North.
  • Drilling progressing efficiently, with the eighth (8) hole (R-0023) nearing completion as the first test of the southwestern target area.
  • Upon completion of R-0023, the drill rig will move north along the southwestern limb in Trapper South, continuing systematic expansion along the trend.

Since commencing drilling in late January 2026, the team has completed seven (7) diamond drill holes with depths ranging from 149 m to 206 m, totalling 1,244 m drilled, targeting the southeastern oxide anomaly in Trapper South. Notable intercepts include 111.67 m of oxide in R-0018 (including 65.04 m semi-massive), 90.08 m in R-0017 (including 87.08 m semi-massive), 87.2 m in R-0020 (with 58.7 m rhythmic layering), 66.45 m of oxide s in R-0019, and 58 m in R-0016. R-0017 twinned R-0016 at a steeper dip for structural confidence comparison. R-0021 and -0022 are currently being logged and are expected to be reported shortly. R-0022 marks the conclusion of targeting this specific southeastern portion of the anomaly. These holes continue to demonstrate extensive rhythmic oxide layering and semi-massive mineralization, hallmarks of the high-grade oxide sequences observed across the project. The drill rig is now located on the southwestern oxide anomaly in Trapper South and has commenced drilling on R-0023.

Figure 1

Figure 1: Longitudinal section of drill holes R-0016, -0018, -0019, -0020 highlighting an ~500 m strike of semi-massive oxides and rhythmic layering with the 3D Magnetic Inversion of the 2025 Trapper Zone ground magnetic survey. See Table 1 below which depicts the total length of the oxide intercepts.

Detailed Drill Hole Summary (R-0016 to R-0022)

Drill Hole Azimuth / Dip Total Depth (m) From (metres) To (metres) Semi-Massive Oxide (m) Rhythmic Layering (m) Total Oxide (m)
R-0016 38° / -45° 206 44 102 45.84 12.16 58
R-0017 38° / -70° 161 50.56 140.64 87.08 3 90.08
R-0018 38° / -45° 188 44.7 156.37 65.04 46.63 111.67
R-0019 38° / -45° 182 66.55 133 37.96 28.49 66.45
R-0020 38° / -45° 206 50.8 138 28.5 58.7 87.2
R-0021 38° / -70° 152 Logging in-progress
R-0022 38° / -45° 149 Logging in-progress
  Total (m) 1,244          
               

Table 1: Summary of drill holes R-0016 to R-0022, highlighting the oxide intercepts. Logging of R-0021 & -0022 is in progress.

Figure 2

Figure 2: Trapper Zone map outlining location of the initial 2026 focus for the remainder of the MRE drill program to be completed in 2026, including cross-sections N11, S11, S8 S7, S6 and longitudinal section CC, showing the TMI of the 2025 Trapper Zone ground magnetic survey. Drilling will commence in Trapper South and move to Trapper North.

Drilling the southeastern limb of Trapper South focused on 100 m spacing to test the oxide zone, with drill holes R-0016 to R-0022. Two drill holes were twinned to better define the oxide intercepts and structures. These twinned holes are R-0016 and R-0017, drilled at 45° and 70° respectively at N038 azimuth, and R-0020 and R-0021 with the same azimuth and inclination respectively.

The oxide zone in R-0016 is intercepted at 44 m, a faulted contact with the Gabbronorite into semi-massive oxides. This zone includes rhythmic layering with a SE striking magmatic contact with the semi-massive oxide at 95m, dipping to the west (N145 30SW). The 68.5m oxide zone ends at 112.5 m with rhythmic layering at a steep NNW fault dipping NE (N354 78NE).

R-0017 is drilled at the same location with an inclination of 70° to test the intercepts of the oxide zone. The oxide zone in this drill hole is intersected at 50.56 m, correlating nicely to R-0016 and the believed 85-degree dipping oxide unit, at a fault contact of Gabbronorite and semi-massive oxides. The lower contact of the oxide zone with the gabbronorite is intersected at 140.6m, a fault contact represented by a 0.2 m felsic dyke, for a total cumulative oxide zone in R-0017 of 90.8 m.

Figure 3

Figure 3: Cross section of S8 showing R-0016 and R-0017 highlighting intercepts of semi massive oxides and layering sequence with the 3D Magnetic Inversion of the 2025 Trapper Zone ground magnetic survey.

Michael Garagan, CGO & Director of Saga Metals, commented: ‘Drilling is progressing at an exceptional pace with 7 drill holes completed in less than two weeks. These early 2026 observations from the southeastern anomaly at Trapper South are highly encouraging, with intercepts of semi-massive to massive oxide mineralization and/or prominent rhythmic banding observed in every hole. The consistency and thickness we’re seeing reinforce our confidence in the potential scale and continuity of this zone. Completing R-0022 has wrapped up our targeted section in the southeast, allowing us to shift to the western limb and build toward a more comprehensive understanding of the entire Trapper South anomaly as we advance our maiden MRE.’

With sampling of drill holes R-0016 and -0017 completed, a total of 209 samples have been sent to Impact Global Solutions (IGS) Laboratory in Montreal. Teams are actively logging and sampling the remaining completed holes, with shipment of additional samples from R-0018 and -0019 planned for early next week. Assay results from these holes are pending and will be released as they become available. The Company remains on track with its systematic MRE drill program across the Trapper Zone.

Key Project Highlights:

  • Confirmed mineralization in 22 out of 22 drill holes completed and observed in two primary zones to date.
  • Analytical results to date include numerous oxide-rich intercepts, including:
             
DDH FROM TO Length Fe2O3 TiO2 V205
ID m m m % % %
R-0009 94 181.2 87.20 50.67 10.15 0.339
R-0008 170 237.6 68.26 46.15 9.21 0.311
R-0010 1.5 137 135.50 50.03 7.87 0.352
R-0015 73.3 174 100.70 38.56 6.80 0.229
R-0011 58.1 153.3 95.15 39.49 6.49 0.222
R-0014 8.8 50 41.20 36.17 6.36 0.188
R-0007 147.5 205.2 57.70 27.09 5.31 0.365
             

Table 2: Top 7 intercepts from the 2025 drilling programs at both Trapper and Hawkeye Zones

  • Infrastructure including road access, deep-water port, nearby hydro-electric power and airstrip.
  • Confirmed the 16+ km oxide layering trend that stretches from the Hawkeye Zone to the Trapper Zone.
  • Exceptional grades and thicknesses with semi-massive to massive oxide reporting up to 64.55% Fe,13.3% TiO2, and 0.66% V2O5.
  • Petrographic analysis confirms titanomagnetite mineralization is advantageous for simplified metallurgical processing.

About the Radar Critical Mineral Property in Labrador

The Radar Property spans 24,175 hectares and hosts the entire Dykes River intrusive complex (~160 km²), a unique position among Western explorers. Geological mapping, geophysics, and trenching have already confirmed oxide layering across more than 20 km of strike length, with mineralization open for expansion.

Figure 4

Figure 4: Radar Property map, depicting magnetic anomalies, oxide layering and the site of the 2025 drill programs. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is overlaid by ground-based geophysics, as shown.

Vanadiferous titanomagnetite (‘VTM’) mineralization at Radar is comparable to global Fe–Ti–V systems such as Panzhihua (China), Bushveld (South Africa), and Tellnes (Norway), positioning the Project as a potential strategic future supplier of titanium, vanadium, and iron to North American markets.

Figure 5

Figure 5: Radar Project’s prospective oxide layering zone validated over ~16 km strike length through Fall 2025 drilling, as shown on a compilation of historical airborne geophysics as well as ground-based geophysics in the Hawkeye and Trapper zones completed by SAGA in the 2024/2025 field programs. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs.

Upcoming Events

Saga Metals will be attending the Prospectors & Developers Association of Canada (PDAC) Conference in Toronto, Ontario, from March 1 – 4, 2026.

For further information, questions, or to arrange a meeting with Management during the Convention, please call Rob Guzman, Investor Relations at Saga Metals Corp.

Tel: +1 (844) 724-2638
Email: rob@sagametals.com

Qualified Person
Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information disclosed in this news release.

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the North American transition to supply security. The Radar Ti-V-Fe Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including 4,250 m of drilling, has confirmed a large, mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) and ilmenite mineralization with strong grades of titanium and vanadium.

The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares and features uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U3O8. Uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals.

With a portfolio spanning key commodities critical to the clean energy future, SAGA is strategically positioned to play an essential role in critical mineral security.

On Behalf of the Board of Directors

Mike Stier, Chief Executive Officer

For more information, contact:

Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
Email: rob@sagametals.com
www.sagametals.com

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 this release.

Cautionary Disclaimer
This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s Radar Project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company’s assets, and the risks detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

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Tartisan Nickel Corp. (CSE: TN,OTC:TTSRF) (OTCQB: TTSRF) (FSE: 8TA) (‘Tartisan’, or the ‘Company’) is pleased to provide an update on the Company’s flagship Kenbridge Nickel-Coppet-Cobalt Project, Sioux Narrows, Ontario. The drill program is designed to test the on strike and down dip potential for additional nickel sulphide mineralization and to enhance the size and grade of the Kenbridge Deposit.

A total of 2,700m of drilling has been completed to date. The first 3 drill targets have been completed (drill holes KB26-207, KB26-208 and KB26-209 outlined on Figure 1). Samples have been delivered to AGAT Labs in Thunder Bay for analysis. Assays are pending for hole KB26-209. The drill rig is currently drilling the 4th drill hole KB26-210. This hole is designed to be drilled below the existing shaft bottom to test for the depth extension to the deposit.

Reported in this release are the results from the 2nd infill drill hole KB26-208. Results from the hole confirm both A and B zones were intersected as outlined in Table 1 below. Zone A was intersected from 571.5m to 574.5m drill depth and returned 0.68% Ni, 0.28% Cu over 3.0 metres. Zone B was intersected from 580.5m to 591.5m drill depth. Results were 1.05% Ni, 0.33% Cu over 11.0 metres including 2.0 metres of 4.79% Ni, 1.25% Cu. Drill core intersection widths are estimated to be between 65 and 80% true width.

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Fig 1: Long section of Kenbridge deposit showing drilling targets. Completed or holes in progress are outlined in red circles.

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Mark Appleby, CEO of Tartisan Nickel Corp stated, ‘We are very encouraged by the latest drill results from the Kenbridge Nickel-Copper-Cobalt Project. Intersecting 11.0 metres of 1.05% Ni and 0.33% Cu, including a high-grade interval of 2.0 metres grading 4.79% Ni and 1.25% Cu and a high-grade interval of 3.5 metres grading 2.87% Ni and 0.81% Cu helps us confirm continuity of significant nickel-copper mineralization in this part of the system. These results strengthen our confidence in the project’s potential to deliver meaningful value for our shareholders as we advance toward further delineation and resource development.’

Table 1: Highlight intervals (* denotes hole reported in this release)

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The Kenbridge Property is located in the Kenora Mining District, Sioux Narrows, Ontario, Canada with all-season road access. The Kenbridge Deposit has an existing shaft to a depth of 2,042 ft (622 m), with level stations at 150 ft. (45 m) intervals below the shaft collar and two levels developed at 350 ft (107 m) and 500 ft (152 m) below the shaft collar.

Surveyed Hole Locations (Coordinates in UTM zone 15)

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The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Dean MacEachern, P. Geo., an Independent Consultant to the Company and a Qualified Person as defined by NI 43-101.

QA/QC

Sample QA/QC procedures for Tartisan have been designed to meet or exceed industry standards. Drill core is collected from the diamond drill and placed in sealed core trays for transport to on-site sampling and core cutting facilities. The core is logged and samples taken from 0.3m to a maximum sample length of 1.5m. The core samples are split with a diamond blade saw with continuous running water, half of the sample is sent for lab testing, and the remaining half core is left in the core box for record or further sampling. The core samples are bagged in heavy plastic bags with 6 samples being placed into a rice bag for transport to AGAT Laboratories in Thunder Bay, ON or Calgary, AB for assay. Samples are submitted in batches of 50. 100g blind certified reference materials (CRMs) from CDN Resources, as well as, duplicates and blank samples are systematically inserted by the Company into the sample stream with reference to the mineralization in the sampled rock and analyzed as part of the Company’s quality assurance/quality control protocol, as well, AGAT labs implements their own quality control testing by inserting their own CRMs and Blanks in the sample stream for accredited testing.

All drill core samples were prepped and analyzed at AGAT Laboratories in Thunder Bay, Ontario or shipped to Calgary for testing. An ISO/IEC 17025 2017 certified independent laboratory from organizations like the Standards Council of Canada (SCC), the Canadian Association for Laboratory Accreditation (CALA), ANSI National Accreditation Board (ANAB) and the American Association of Laboratory Accreditation (A2LA). They maintain accreditations across their facilities in Alberta, Saskatchewan, Ontario, Nova Scotia, Newfoundland, Quebec and internationally.

NQ-diameter sawed half-core samples from the drilling program were securely sent by Tartisan Nickel Corp’s geologists to AGAT Laboratories Ltd. (AGAT), with sample preparation in Thunder Bay, Ontario, and analysis in Thunder Bay, Ontario & Calgary, Alberta. Samples were processed for Au, Pt and Pd analysis by 50-gram fire assay with ICP-OES finish and for four acid digestion, multi-element analysis by inductively coupled plasma & mass spectrometry (ICP OES + MS). AGAT sample preparation and laboratory analysis procedures conform to requirements of ISO/IEC Standard 17025 guidelines and meet the requirements under NI 43-101 and CIM best practice guidelines. AGAT Laboratories is independent of Tartisan Nickel Corp.

Samples were dried and crushed to 2 mm, from which a 250 g sub-sample split was then pulverized to 85% passing a 75 micron sieve. Following preparation, assays were determined by the ICP OES method. A 0.25 g aliquot of the prepared pulp was digested in a 4-acid solution consisting of hydrochloric, nitric, perchloric and hydrofluoric acids. 4-acid is a near total digest and only the most highly resistant minerals are not dissolved. The resulting solution was analyzed via ICP-MS and ICP-ES for 8 elements and was corrected for inter-element spectral interferences. Lower detection limits for this procedure are 0.01 ppm for nickel, 0.01 ppm for copper, 0.01 ppm for cobalt, 0.01 ppm for platinum, 0.01 ppm palladium, 0.01 ppm silver and 0.01 ppm for gold.

Samples with initial results beyond the upper detection limit of the ICP OES method were analyzed by (201-071) 4 acid digest – Metals Package, ICP-OES/ICP-MS finish (CGY). The thresholds are >1% for nickel, copper and cobalt. AGAT Laboratories employs internal quality control standards, duplicates and blank samples at set frequencies. Tartisan Nickel Corp. stores all its drilled core on-site and takes pride in its facilities and strives for excellence in its QA/QC procedures.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company which owns, the Kenbridge Nickel Project near Sioux Narrows, Northwestern Ontario, the Sill Lake Silver Project near Sault Ste. Marie, Ontario as well as the Night Danger Turtle Pond Project near Dryden, Ontario.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE: TN,OTC:TTSRF) (OTCQB: TTSRF) (FSE: 8TA). Currently, there are 152,215,641 shares issued and outstanding (156,287,356 fully diluted).

For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR+ at www.sedarplus.ca.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

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Apollo Silver Corp. (‘Apollo Silver’ or the ‘Company’) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to announce that Tom Peregoodoff has been nominated for election to the Company’s Board of Directors (the ‘Board’) at the Company’s upcoming annual general meeting on March 27, 2026 and, if elected, the Board intends to appoint Mr. Peregoodoff as Executive Chair.

Mr. Peregoodoff brings more than 30 years of experience in the natural resources sector, including senior leadership roles in corporate development, capital markets, and project advancement. He previously served as President and Chief Executive Officer of Apollo Silver and was formerly President and Chief Executive Officer of Peregrine Diamonds Ltd., where he oversaw the advancement of the Chidliak diamond project in Nunavut prior to its acquisition by De Beers Canada. Mr. Peregoodoff has also held executive and board roles with a number of publicly listed mining companies, including 18 years with global mining company BHP, and brings extensive experience in corporate strategy, financings, mergers and acquisitions, and governance across the exploration and development lifecycle.

Following the annual general meeting of shareholders, Andrew Bowering, founder and a significant shareholder of the Company, will step down as Chair and continue as a Director, remaining actively engaged at the Board level.

Mr. Bowering commented, ‘I am very pleased to see Tom return to an executive leadership role at Apollo Silver. His deep understanding of the Company, combined with his experience in building and leading mining companies, makes him exceptionally well suited to serve as Executive Chair. With a strong Board and management team in place, I look forward to continuing to support Apollo Silver as a Director and significant shareholder, as the Company moves into its next phase of development.’

Mr. Peregoodoff stated, ‘I am honoured to return to an executive leadership role with Apollo Silver at such an important stage in the Company’s evolution. I would also like to thank Andy for his leadership and vision as founder, which have been instrumental in establishing Apollo Silver’s asset base and positioning the Company for continued advancement. I look forward to working closely with the Board and management team to advance the Calico and Cinco de Mayo projects and support the disciplined execution of Apollo Silver’s strategy.’

Concurrent with Thomas Peregoodoff’s appointment as Executive Chair, Steven Thomas, the Company’s current Audit Committee Chair, will assume the role of Lead Independent Director, providing independent leadership to the Board and acting as a key liaison between the independent directors and management.

ABOUT Apollo Silver Corp.

Apollo Silver is advancing the second 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. The Company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major carbonate replacement (CRD) deposit that is both high-grade and large tonnage. Led by an experienced and award-winning management team, Apollo is well positioned to advance the assets and deliver value through exploration and development.

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, without limitation, statements regarding the anticipated election of the proposed nominee to the Company’s Board, the intended appointment of an Executive Chair, the expected impact of leadership changes on the Company’s governance and strategic execution, and the advancement and development of the Company’s projects, including the Calico Project and the Cinco de Mayo Project. 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 cause 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 barite; the demand for silver, gold and barite; 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 manner; 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.

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Investor Insight

Sirios Resources is advancing one of Québec’s largest undeveloped gold deposits, combining a multi-million-ounce resource base, strong infrastructure access and deep regional expertise backed by the Osisko development ecosystem, creating a clear pathway toward re-rating and growth.

Overview

Sirios Resources (TSXV:SOI,OTCQB:SIREF) is a Québec-based gold exploration and development company focused on advancing a portfolio of high-potential projects in the Eeyou Istchee James Bay region of Québec. The company’s flagship asset, the Cheechoo gold project, ranks among the largest gold projects in the province by resource size. The project benefits from favourable geology, near-surface mineralization, and proximity to existing infrastructure, including road access, power lines and the nearby Éléonore mine. Sirios is advancing Cheechoo through systematic drilling, resource expansion and technical studies with the objective of progressing the project toward a PEA.

Aerial view of Sirios Resources

In December 2025, Sirios announced a transformational combination with OVI Mining, creating a district-scale gold platform anchored by Cheechoo and complemented by the Corvet Est and PLEX projects. The transaction brings Sirios into the Osisko development ecosystem, strengthening the company’s leadership team with proven mine-building and capital markets expertise, while retaining Sirios’ long-standing geological knowledge of James Bay.

With over three decades of continuous exploration in the region and strong relationships with local and Indigenous communities, Sirios is well-positioned to unlock value through disciplined project advancement and exploration-driven growth.

Company Highlights

  • Flagship Cheechoo gold project hosts approximately 3 million ounces of gold, including 1.3 million ounces indicated and 1.7 million ounces inferred, including additional underground resources
  • Located in Eeyou Istchee James Bay, Québec, a Tier-1 mining jurisdiction with strong government and community support
  • Low strip ratio (2.9:1) and high gold recoveries (92 percent) support attractive open-pit development potential at Cheechoo
  • Strategic combination with OVI Mining brings Osisko-backed leadership, capital markets strength and additional district-scale exploration assets

Key Projects

Cheechoo Gold Project

Map of Quebec highlighting the Sirios resources

The 100 percent owned Cheechoo gold project is Sirios’ flagship asset located in Eeyou Istchee James Bay, Québec, near existing infrastructure and operating mines. The project hosts a large, near-surface gold deposit with scalable, open-pit potential and higher-grade underground extensions.

A 2025 mineral resource estimate outlines approximately 3 million ounces of gold, including 1.3 million ounces indicated at 1.12 grams per ton (g/t) gold and 1.7 million ounces inferred at 1.23 g/t gold, which includes 446,000 ounces of underground resources grading 3.09 g/t gold. The deposit exhibits a low strip ratio of 2.9:1 and high metallurgical recoveries of approximately 92 percent, supporting favourable development characteristics.

2025 mineral estimate of Sirios Resources

In addition to the current resource, Cheechoo hosts a significant exploration target ranging from 31 to 40 million tonnes grading between 1.27 and 1.45 g/t gold, highlighting strong potential for further resource growth. Sirios’ ongoing work is focused on expanding the resource base and advancing the project toward a preliminary economic assessment.

Corvet Est Gold Project

Corvet Est is a 6,500-hectare district-scale land package located east of Cheechoo within the same highly prospective James Bay geological corridor. The project comprises a historically drilled gold system that has seen limited modern exploration since 2012. Following consolidation by OVI Mining, Corvet Est now offers Sirios exposure to a large land package with multiple mineralized zones and significant upside potential.

Plex Gold Project

The PLEX project is a 21,000-hectare district-scale land package hosting the Orfée gold zone, characterized by multiple structural corridors and underexplored depth and strike potential. Historical drilling has confirmed gold mineralization, and Sirios plans to advance compilation, target refinement and exploration programs to unlock the project’s discovery potential.

Aquilon Gold Project

Core sample from Sirios Resources

The Aquilon project is an optioned gold asset located in James Bay and hosts numerous high-grade gold showings, including some of the highest gold grades historically reported in Québec. Recent drilling has outlined a broad gold-mineralized halo with strong expansion potential. Exploration at Aquilon is currently being advanced in partnership with Sumitomo Metal Mining Canada, providing Sirios with continued exposure to exploration upside while limiting capital commitments.

Management Team (Post-Transaction)

Dominique Doucet. – Executive Chairman

Dominique Doucet is a veteran of Québec’s mineral exploration industry with more than 40 years of experience, including over 30 years in the Eeyou Istchee James Bay region. He founded Sirios Resources and has led the discovery of several significant gold occurrences, including the Cheechoo and Aquilon deposits.

Jean-Félix Lepage – Chief Executive Officer

Jean-Félix Lepage is a mining engineer with over 15 years of experience in mine operations and project development. Prior to joining Sirios, he served as vice-president of Projects at O3 Mining, where he advanced the Marban project, and previously held senior operational roles at Newmont, including at the Éléonore mine.

Sean Roosen – Board Member

Sean Roosen is the founder and executive chairman of Osisko Development and former CEO of Osisko Gold Royalties. He played a central role in the discovery, financing and development of the Canadian Malartic mine and is widely recognized as a leader in the global mining industry.

Laurence Farmer – Board Member

Laurence Farmer is CEO of Electric Elements Mining and General Counsel and vice-president of corporate development at Osisko Development. He brings extensive experience across mining, law and finance, with a strong background in corporate transactions and resource development.

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Prismo Metals Inc.

Vancouver, British Columbia, February 12th, 2026 TheNewswire — Prismo Metals Inc. (‘Prismo’ or the ‘Company’) (CSE: PRIZ,OTC:PMOMF | OTCQB: PMOMF) is pleased to announce that it has received formal permit approval from the U.S. Forest Service to proceed with its fully funded drill program at the Company’s historic Silver King Mine project located in Arizona’s prolific Copper Belt.

The approved permit authorizes drilling from multiple drill pads in the area of the historic mine designed to test the upper part of the Silver King mineralized body that was mined on nine levels over about 300 meters depth (Fig. 1).

Additional high-priority targets identified through recent exploration work can also be tested with some of the planned drill locations. Testing of other targets on private ground is being considered. Mobilization on site is scheduled for February 20th followed by preparatory site work and access improvements followed by drilling.

Dr. Craig Gibson, Chief Exploration Officer of Prismo Metals, commented: ‘Receiving approval for drilling at Silver King is a key milestone as we transition from surface exploration into active testing of the system. With funding in place for multiple phases of drilling, we are well positioned to evaluate the significant exploration potential of this historic, high-grade silver system.’

Alain Lambert, CEO of Prismo commented: ‘Following a very smooth permitting process with Forest Service, we are now ready to conduct the first ever comprehensive drill program at Silver King. Our exploration work to date has attracted the attention of many given the results we have published and our proximity (3.4 km) to Resolution Copper, a Rio Tinto/BHP joint venture. I expect the drilling program to heighten attention.’

Phase 1 Drill Program Highlights:

  • Fully funded program 

  • 1,000 meters of diamond drilling to test the upper portion of the steeply plunging, pipe-like Silver King mineralized body 

  • Mobilization to Silver King Project scheduled for February 20th, 2026 

  • Additional drilling to test lower down in the mineralized structure and mineralized areas adjacent to the historic mine may also be completed 


Click Image To View Full Size

Fig. 1.  Permitted drill sites planned for initial Phase I drilling at the Silver King mine shown by white dots.  The orange line indicates the approximate location of the cross section in Fig. 2.  View looking south-easterly.

Drilling will initially focus on testing the upper portion of the steeply west-dipping pipelike stockwork and breccia zone that historically produced high-grade silver and base metals (Fig. 2), as well as targets adjacent to and beneath historic workings. Initial drilling is estimated at 1000 meters in nine holes.  A second phase of drilling will be dedicated to testing at deeper levels and areas adjacent to the historic mine.

Dr. Gibson, added: ‘We are pleased to engage Godbe Drilling, a highly respected contractor with substantial experience in Arizona and a staging area near the project. The objective is to test the upper half of the steeply dipping pipelike Silver King mineralized body, as well as potential mineralization adjacent to the dense stockwork zones that were the focus of historic mining.’

Drilling Contractor Engagement

Prismo has engaged Godbe Drilling LLC to conduct this Phase 1 drilling program. Godbe Drilling LLC is a Colorado-based family-owned diamond core drilling and mineral exploration business with extensive operating experience in the southwestern United States, including Arizona.

 

Fig. 2.  Cross section through Silver King mine showing workings and first four planned drill holes.

 

Silver King Project Overview

The Silver King mine was discovered in 1875 and is one of Arizona’s most significant historic silver producers, with nearly six million ounces of silver produced at average grades ranging from approximately 61 to 21 ounces per ton during early production. Limited small-scale mining in the late 1990s yielded samples with exceptionally high silver and associated gold values, suggesting that high-grade mineralization remains within the system. The project is located within the same geological framework as other world-class deposits in the Arizona Copper Belt, and its proximity to active mining operations enhances its strategic significance.

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.  

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on Twitter, Facebook, LinkedIn, Instagram, and YouTube

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6 Phone: (416) 361-0737

 

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as intends’ or anticipates‘, or variations of such words and phrases or statements that certain actions, events or results may’, could’, should’, would’ or occur’. This information and these statements, referred to herein as ‘forward-looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King; and the intended use of any proceeds raised under recent financings.

These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the potential inability of the Company to utilize the anticipated proceeds of the Private Placement as anticipated; and those risks set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.com) under the Companys issuer profile.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will use the proceeds of the Second Tranche as currently anticipated and on the timeline currently expected.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or 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 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 statements and forward- looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2026 TheNewswire – All rights reserved.

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Sirios Resources (TSXV:SOI,OTCQB:SIREF) is a Québec-based gold exploration and development company focused on high-potential projects in the Eeyou Istchee James Bay region. Its flagship Cheechoo gold project ranks among the largest in the province by resource size and benefits from favourable geology, near-surface mineralization, and existing infrastructure, including road access, power lines, and proximity to the Éléonore mine. Sirios is advancing Cheechoo through systematic drilling, resource expansion, and technical studies, aiming to progress the project toward a Preliminary Economic Assessment (PEA).

In December 2025, Sirios completed a transformational combination with OVI Mining, creating a district-scale gold platform anchored by Cheechoo and complemented by the Corvet Est and PLEX projects. The transaction integrates Sirios into the Osisko development ecosystem, strengthening the leadership team with proven mine-building and capital markets expertise while maintaining the company’s deep geological knowledge of the James Bay region.

Map of Quebec highlighting the Sirios resources

With over 30 years of continuous exploration in James Bay and strong partnerships with local and Indigenous communities, Sirios is well-positioned to create value through disciplined project advancement and exploration-driven growth. The company’s combination of experience, strategic assets, and community engagement underpins its long-term growth strategy.

Company Highlights

  • Flagship Cheechoo gold project hosts approximately 3 million ounces of gold, including 1.3 million ounces indicated and 1.7 million ounces inferred, including additional underground resources
  • Located in Eeyou Istchee James Bay, Québec, a Tier-1 mining jurisdiction with strong government and community support
  • Low strip ratio (2.9:1) and high gold recoveries (92 percent) support attractive open-pit development potential at Cheechoo
  • Strategic combination with OVI Mining brings Osisko-backed leadership, capital markets strength and additional district-scale exploration assets
  • Well-funded with recent treasury additions, supporting advancement of Cheechoo toward a preliminary economic assessment (PEA) and ongoing exploration across the portfolio

This Sirios Resources profile is part of a paid investor education campaign.*

Click here to connect with Sirios Resources (TSXV:SOI) to receive an Investor Presentation

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Investor Insight

Tartisan Nickel offers investors exposure to a high-grade, advanced-stage nickel sulfide project with existing infrastructure and clear near-term catalysts, alongside a past-producing silver asset providing significant upside and growth potential.

Overview

Tartisan Nickel (CSE:TN,OTCQX:TTSRF,FSE:8TA) is a Canadian exploration and development company focused on advancing high-quality critical mineral assets in Ontario. The company’s primary asset, the Kenbridge nickel project in Northwestern Ontario, is an advanced-stage nickel sulfide deposit hosting nickel, copper and cobalt. Management’s strategy for Kenbridge is straightforward and execution-focused: increase the size and confidence of the Kenbridge resource through drilling, extend mine life, and continue de-risking the project.

Tartisan Nickel

The Kenbridge project has undergone extensive historical work, including more than 100,000 meters of drilling.

At the same time, Tartisan controls the Sill Lake silver project, a past-producing silver-lead property near Sault Ste. Marie, Ontario. With strong commodity fundamentals across nickel, copper and silver, management views Tartisan as a company with “more than one leg under the table,” offering investors exposure to multiple value drivers within a single platform.

Company Highlights

  • Clear focus on drilling-driven value creation, with active programs designed to upgrade inferred resources, expand the deposit at depth, and extend mine life into the mid-teens
  • Low-capex development profile relative to many peer nickel projects, supported by a historic shaft, road access, and established infrastructure
  • Sill Lake Silver Project provides additional, underappreciated value, offering exposure to silver through a brownfields, past-producing asset with a defined historic resource
  • Experienced leadership team with deep capital markets and mine development experience, focused on disciplined capital allocation and unlocking value from opportunity-acquired assets

Key Projects

Kenbridge Nickel-Copper-Cobalt Project

The Kenbridge project is Tartisan’s flagship asset and the company’s primary focus. It is a high-grade, Class 1 nickel sulfide deposit located in a mining-friendly jurisdiction with established infrastructure and access. Kenbridge benefits from extensive historical work, including more than 100,000 metres of drilling and a three-compartment shaft extending to a depth of approximately 622 metres, placing the project closer to development than many earlier-stage peers.

Core sample, drilling rig, and forest path in Tartisan Nickel

A preliminary economic assessment (PEA) completed in 2022 outlined a potentially economic underground mining operation, supported by relatively modest initial capital requirements compared to large, low-grade nickel projects.

Current drilling is aimed at upgrading inferred resources to measured and indicated categories, and expanding the deposit both along strike and at depth, where historical data indicate improving grades.

The company’s near-term objective is to meaningfully extend the mine life beyond the nine years outlined in the PEA, with the longer-term goal of positioning Kenbridge as a strategic asset in a tightening nickel market. With existing road access, proximity to power, and ongoing engagement with Treaty #3 First Nations, Kenbridge is viewed as an advanced project with clear pathways to further value creation.

Tartisan Nickel

Tartisan Nickel has been engaging with Treaty # 3 First Nations since May 2007.

Sill Lake Silver-Lead Project

The Sill Lake project is a 100-percent-owned, past-producing silver-lead asset located approximately 30 kilometres north of Sault Ste. Marie, Ontario. The property hosts an NI 43-101-compliant historic mineral resource and benefits from existing underground development, including ramp access and historic workings.

Geological map with rock types, drill holes, and copper occurrence locations.

Tartisan considers Sill Lake a brownfields opportunity with relatively low capital intensity, particularly in the context of stronger silver prices. Planned work includes validation of historic data, evaluation of multiple mineralized trends, and the potential for future drilling and bulk sampling. Importantly, management believes Sill Lake’s value is largely unrecognized by the market, providing investors with additional upside that is not currently built into Tartisan’s valuation.

Management Team

Mark Appleby – President, CEO and Director

Mark Appleby has more than 38 years of experience in investment banking, corporate finance and capital markets. He has led numerous public resource companies through exploration, development and financing cycles, and brings a strong focus on disciplined capital allocation and asset-driven value creation.

Yves Clément – Director

Yves Clément is a professional geologist with more than 35 years of experience in mineral exploration and development across Canada, South America and West Africa, contributing deep technical oversight at the board level.

Carl J. McGill – Director

Carl McGill has over 30 years of experience in capital markets and financial management, with a background spanning banking, corporate finance and public company leadership.

Dean MacEachern – Geological Advisor

Dean MacEachern has more than 35 years of global exploration experience and has worked on the Kenbridge project under previous ownership, providing valuable continuity and geological insight as a Qualified Person under NI 43-101.

Greg Edwards – Project Manager

Greg Edwards brings over 25 years of Canadian exploration and project development experience and plays a key role in advancing Kenbridge while supporting community and First Nations engagement.

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