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Osisko Metals Incorporated (the ‘ Company or ‘ Osisko Metals ‘) ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce that the 2025 drill program is underway at its 100%-owned Gaspé Copper project, located next to the town of Murdochville in the Gaspé Peninsula, eastern Québec.

2025 Drill Program

The 2025 drill program, now slated at 110,000 metres, is designed to 1) convert existing inferred resources (see press release dated November 14, 2024 ) into the indicated or measured resource categories; 2) test potential expansion of the current resources deeper to 250 m below the E Zone horizon and further to the south towards Needle Mountain; 3) further characterize higher grade skarn zones (0.5% – 3.0% Cu); and 4) validate new geological models. In addition, approximately 10,000 metres of drilling outside the main mining concession will test regional exploration targets on surrounding claims.

The first drill began turning last week and drilling is expected to end by November 2025. A second drill will arrive later this month followed by additional drills in the spring, increasing as required as the program advances.

Robert Wares, CEO, commented: ‘We are very pleased to resume drilling at Gaspé Copper and are very excited about the growth potential of the resource base. This program aims to confirm existing open-pit resources and potentially expand them based on a new geological model for distribution of primary copper mineralization at Gaspé Copper. This intensive drill program will lead to an updated mineral resource estimate, slated to be released in Q2 2026.’

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec‘s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt grading 0.34% CuEq and Inferred Mineral Resources of 670 Mt grading 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper’ . Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada‘s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt at 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt at 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals’ June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.

For further information on this press release, visit   www.osiskometals.com   or contact:

Robert Wares, Chief Executive Officer of Osisko Metals Incorporated

Email: info@osiskometals.com

Follow Osisko Metals on Facebook at https://www.facebook.com/osiskometals , on LinkedIn at https://www.linkedin.com/company/osiskometals , and on X at https://twitter.com/osiskometals .

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance are not statements of historical fact and constitute forward-looking information. This news release may contain forward-looking information pertaining to the Gaspé Copper Projects, including, among other things, Gaspé Copper hosting the largest undeveloped copper resource in Eastern North America and Glencore becoming a Control Person of the Company.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances. Forward-looking information involves risks, uncertainties and other factors that 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 are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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    Stardust Power Inc. (NASDAQ: SDST) (‘Stardust Power’ or the ‘Company’), an American developer of battery-grade lithium products, today announced the execution of an exclusive licensing agreement with KMX Technologies, Inc. (‘KMX’), a leader in advanced lithium brine concentration technology. This agreement grants Stardust Power the exclusive rights to utilize KMX’s innovative vacuum membrane distillation (‘VMD’) technology for lithium extraction and concentration across the United States, Canada, and select international markets.

    The exclusive license grants Stardust Power the full rights to use and operate KMX VMD units within the designated territory and field of use for lithium. This agreement will support Stardust Power’s continued commitment to build out the North American lithium supply chain and onshoring of critical minerals in the rapidly growing North America lithium market.

    ‘This exclusive licensing agreement with KMX Technologies is a pivotal step forward in advancing Stardust Power’s sustainability and operational efficiency goals,’ said Roshan Pujari, CEO and Founder of Stardust Power. ‘KMX’s VMD technology offers a unique opportunity to reduce both energy consumption and water use across our supply chain, particularly by concentrating lithium feedstocks for efficient logistics. By incorporating this technology, we aim to significantly lower operating costs while strengthening the U.S. critical mineral supply chain and enhancing national security, all while doing so in an environmentally responsible manner.’ KMX’s technology is ideal for Stardust Power’s innovative hub and spoke refinery model. By reducing the volume of the brine feedstock, less volume needs to be transported. The large central refinery is designed to repulp feedstock and blend as needed.

    KMX’s VMD technology is capable of concentrating lithium from brine sources with minimal losses, thereby enhancing the economic viability of lithium projects. Additionally, the technology produces high-quality water as a byproduct, which can be used to minimize reliance on local freshwater resources in the lithium extraction process, a key factor in increasing water sustainability for the industry.

    Zachary Sadow, CEO of KMX Technologies, added, ‘We are excited to partner with Stardust Power, a visionary company dedicated to driving sustainability and innovation within the lithium sector. This agreement represents a shared commitment to improving the efficiency and environmental footprint of the lithium supply chain.’

    With the execution of this agreement, Stardust Power is positioned to deploy KMX’s VMD technology throughout Stardust Power’s network design and supply chain in order to optimize delivery of feedstocks to its lithium refinery under development in Muskogee, Oklahoma, with up to 50,000 metric tons per annum production capacity upon completion. The Company plans to integrate this advanced technology to further enhance the environmental and economic performance of its lithium production processes.

    About Stardust Power Inc.
    Stardust Power is a developer of battery-grade lithium products designed to bolster America’s energy leadership by building resilient supply chains. Stardust Power is developing a strategically central lithium refinery in Muskogee, Oklahoma with the anticipated capacity of producing up to 50,000 metric tons per annum of battery-grade lithium. The Company is committed to sustainability at each point in the process. Stardust Power trades on the Nasdaq under the ticker symbol ‘SDST.’

    For more information, visit www.stardust-power.com

    About KMX Technologies, Inc.
    KMX Technologies is solving the most critical environmental and energy challenges of the 21 st century. Through its proprietary membrane distillation technology, the company sustainably sources critical minerals necessary for next generation supply chains and infrastructure, is advancing wastewater treatment, and is accelerating energy storage with its direct lithium recovery enhancement processes.

    Stardust Power Contacts

    For Investors:
    Johanna Gonzalez
    investor.relations@stardust-power.com

    For Media:
    Michael Thompson
    media@stardust-power.com

    Cautionary Note Regarding Forward-Looking Statements
    Certain statements in this press release constitute ‘forward-looking statements.’ Such forward-looking statements are often identified by words such as ‘believe,’ ‘may,’ ‘will,’ ‘estimate,’ ‘continue,’ ‘anticipate,’ ‘intend,’ ‘expect,’ ‘should,’ ‘would,’ ‘plan,’ ‘predict,’ ‘forecasted,’ ‘projected,’ ‘potential,’ ‘seem,’ ‘future,’ ‘outlook,’ and similar expressions that predict or indicate future events or trends or otherwise indicate statements that are not of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: the ability of Stardust Power to realize the anticipated benefits of KMX’s technology; the ability of Stardust Power to grow and manage growth profitably, maintain key relationships and retain its management and key employees; obtaining the necessary permits and governmental approvals to develop the site; risks related to the uncertainty of the projected financial information with respect to Stardust Power; risks related to the price of Stardust Power’s securities, including volatility resulting from changes in the competitive and highly regulated industries in which Stardust Power plans to operate, variations in performance across competitors, changes in laws and regulations affecting Stardust Power’s business and changes in the combined capital structure; and risks related to the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities. The foregoing list of factors is not exhaustive.

    Stockholders and prospective investors should carefully consider the foregoing factors, and the other risks and uncertainties described in documents filed by Stardust Power from time to time with the SEC.

    Stockholders and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which only speak as of the date made, are not a guarantee of future performance and are subject to a number of uncertainties, risks, assumptions and other factors, many of which are outside the control of Stardust Power. Stardust Power expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations of Stardust Power with respect thereto or any change in events, conditions or circumstances on which any statement is based.

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    Kalgoorlie Gold Mining (ASX: KAL) (‘KalGold’ or ‘the Company’) announces the discovery of newly identified, extensive gold mineralisation at Pinjin (to be named “Lighthorse”).HIGHLIGHTS

    • Thick, high-grade gold intercepts at Lighthorse include:
      • KGAC24152: 17 m at 4.81 g/t Au from 48 m, including 8 m at 9.21 g/t Au from 52 m (hole ends in mineralisation)
      • KGAC24153: 4 m at 4.72 g/t Au from 52 m (hole ends in mineralisation)
    • Lighthorse is a KalGold-generated, greenfields gold discovery, characterised by:
      • A 200 m wide primary gold target on the discovery section, open down dip.
      • A 600 m strike, parallel to the Laverton Tectonic Zone, open to the northwest and southeast.
      • Crosscutting mineralised structures extending over 800 m, open to the northeast.
    • o A footprint larger than either KalGold’s Kirgella Gift or Providence gold deposits
      • No outcrop, and no effective historic drilling.
    • Extensive, contiguous, widely-spaced intercepts suggest a large primary gold system obscured by transported cover. Further drilling is required to define the system’s full extent.
    • Lighthorse is located in the southeast of the Eastern Goldfields, an area which is becoming a focus for gold discovery and development. It is located:
      • 1 km west of KalGold’s Kirgella Gift and Providence gold deposits,
      • 12 km south of Hawthorn Resources’ (ASX:HAW) Anglo Saxon Gold Mine,
      • 22 km northwest of Ramelius Resources’ (ASX:RMS) Rebecca Gold Project
      • 30 km east of OzAurum Resources’ (ASX:OZM) high-grade gold discovery at Mulgabbie North
    • A priority follow-up RC drill program is being fast-tracked for March 2025, pending rig availability.

    For MD and CEO Matt Painter’s thoughts on the Lighthorse gold discovery, please see our video on the KalGold Investor Hub at https://investorhub.kalgoldmining.com.au/link/mepb1P

    Commenting on the discovery, KalGold Managing Director Matt Painter said:

    “This is what we’ve been chasing at Pinjin. Our systematic approach to exploration has paid off. Thick, high-grade gold mineralisation at Lighthorse is located just 1 km west of our Kirgella Gift deposit, beneath transported cover in an area of zero outcrop. This is a 100% KalGold generated discovery that reinforces the exceptional growth potential at Pinjin. The full extent of the emerging Lighthorse target is unconstrained at this stage, but we have already identified mineralisation over a 600 m northwest-southeast strike length, parallel to the local grain of the Laverton Tectonic Zone, and open along strike and at depth. Additional gold mineralised trends associated with cross-cutting structures are also evident, extending over 800 m and open to the northeast.

    Follow up RC drilling is scheduled for March 2025. We also expect to follow up previously reported thick, shallow gold intercepts at Wessex (ASX: KAL 09/10/24), next door to the Anglo Saxon Gold Mine (HAW), in this upcoming RC drill program.

    This is an incredibly exciting time at KalGold. Recently announced discoveries by some of our neighbours, together with this new Lighthorse discovery, are cementing this south-eastern part of the Eastern Goldfields as a hot spot for exploration, discovery, and development. KalGold holds an extensive and strategic footprint within this incredible, historically overlooked area.”

    High-grade gold intercepts define the Lighthorse discovery at Pinjin

    Drilling in December 2024 successfully expanded upon an extensive earlier aircore program at Kirgella West (Figure 1). The new drilling intersected thick, high-grade gold mineralisation beneath transported sediments (Table 1). Four of these five new holes returned significant gold intercepts, with two of the drill holes ending in mineralisation with the rig unable to penetrate the fresh, mineralised rock. Gold mineralisation is open along strike and down dip.

    Click here for the full ASX Release

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    Here’s a quick recap of the crypto landscape for Friday (February 7) as of 9:00 p.m. UTC.

    Bitcoin and Ethereum price update

    Bitcoin is trading at US$96,087, recording a 0.4 percent decrease over 24 hours as of the market’s close on Friday. The day’s trading range saw a high of US$100,097 and a low of US$95,746.

    Meanwhile, Ether is priced at US$2,595.45, marking a decline of 3.7 percent over 24 hours. The cryptocurrency reached an intraday high of US$2,794.36 and a low of US$2,590.32.

    Altcoin price update

    • SOL is currently valued at US$189.99, 1 percent lower over 24 hours, after hitting a daily high of US$202.86 and a low of US$189.95 as the markets closed for the weekend.
    • XRP rose to US$2.38 at the end of the trading day, marking a 2.2 percent increase. The cryptocurrency reached an intraday high of US$2.53 and a low of US$2.36.
    • SUI is trading at US$2.97, near its lowest valuation of the day and a 6 percent decline. It achieved a daily high of US$3.37 and a low of US$2.96.
    • Finally, ADA is down, priced at US$0.7041, reflecting a 0.6 percent decrease over 24 hours. Its highest price on Friday was US$0.7485 at the opening bell and its lowest was US$0.6994.

    Crypto news to know

    Acting Commodity Futures Trading Commission (CFTC) Chair Caroline Pham announced a forum where crypto CEOs from companies including Coinbase, Circle and Ripple can provide input on an upcoming digital asset pilot program.

    Earlier this week, Pham said the CFTC will be dividing its task force into two main groups and will be “ending regulation by enforcement,” turning its attention to fraud and consumer protections instead.

    Elsewhere, a US federal judge has decreed that Coinbase will be required to face allegations brought to it by the US Securities and Exchange Commission (SEC) in June 2023, rejecting the crypto exchange’s argument that it does not meet the criteria of a statutory seller. According to Reuters, US District Judge Paul Engelmayer said, “customers on Coinbase transact solely with Coinbase itself,” effectively concluding that Coinbase is a seller.

    The SEC has also requested more time to reach a final decision regarding an application by Nasdaq’s International Securities Exchange to list options contracts for BlackRock’s iShares Ethereum Trust (ETHA).

    The decision is now due in April of this year.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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    On Monday (February 3), the United States reached agreements with Canada and Mexico that narrowly averted the start of a trade war as tariffs set to begin Tuesday (February 4) were paused for 30 days.

    Both Canada and Mexico offered plans to increase security at their respective borders with the United States, some of which were already planned and underway. This aligned with US President Donald Trump’s stated goal with the tariffs of increased border monitoring as he claimed there were increasing numbers of illegal migrants and high volumes of fentanyl entering into the United States.

    Both Canada and the US released upbeat job reports on Friday (February 7) indicating strong employment gains in both countries.

    Statistics Canada reported that 76,000 jobs were added to the Canadian economy in January, the majority of which were in the private sector. Manufacturing contributed 33,000 new workers, and professional, scientific and technical services added 22,000.

    This marks the third consecutive month of net gains following the addition of 91,000 jobs in December and 44,000 in November. The agency indicated that over the past three months, 147,000 full-time jobs were added, while part-time labor increased by 64,000.

    The additional workers entering the labor force pushed the unemployment rate down by 0.1 percent from the previous month to 6.6 percent.

    Meanwhile, south of the border, the US Bureau of Labor Statistics released its employment situation summary, which indicated that 143,000 new jobs were added in January. Large gains were seen in healthcare with 44,000 new jobs during the month. Retail trade increased by 34,000 and social assistance jobs saw gains of 22,000 new workers.

    Overall, the employment rate edged down to 4 percent from the 4.1 percent recorded in December, marking the lowest level since May 2024.

    Markets and commodities react

    While markets saw small losses on Friday, they were broadly positive over the past five days, with the S&P 500 (INDEXSP:INX) gaining 0.94 percent to end Friday at 6,025.98 while the Nasdaq 100 (INDEXNASDAQ:NDX) gained 1.93 percent to 21,491.31. Meanwhile, the Dow Jones Industrial Average (INDEXDJX:.DJI) was flat, gaining just 0.08 percent to 44,303.41.

    In Canada, the S&P/TSX Venture Composite Index (INDEXTSI:JX) saw a 4.95 percent gain on the week to close at 639.28 on Friday (February 7). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 1.21 percent increase to hit 25,442.91 and the CSE Composite Index (CSE:CSECOMP) jumped 3.47 percent to reach 135.64.

    Gold saw further gains this week as it continued to set new all time highs. Overall, the gold price increased 2.26 percent during the week to close at US$2,861.49 per ounce on Friday at 5 p.m. EST. Silver performed strongly as well, closing the week up 1.61 percent at US$31.80.

    In base metals, the copper price surged 7.67 percent for the week to close at US$4.63 per pound on the COMEX, and the S&P GSCI (INDEXSP:SPGSCI) was largely flat, posting a 0.24 percent gain to close at 563.24.

    Top Canadian mining stocks this week

    So how did mining stocks perform against this backdrop? We break down this week’s five best-performing Canadian mining stocks below.

    Data for this article was retrieved at 4:00 p.m. EST on February 7, 2024, using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Companies within the non-energy minerals and energy minerals sectors were considered.

    1. Orosur Mining (TSXV:OMI)

    Company Profile

    Weekly gain: 91.67 percent
    Market cap: C$45.19 million
    Share price: C$0.23

    Orosur Mining is an exploration company focused on the development of early to advanced-stage assets in South America.

    Exploration has revealed multiple gold deposits at its flagship Anzá gold project in Colombia, which is located 50 kilometers west of Medellin and sits along Colombia’s primary gold belt.

    Orosur also owns several early-stage projects, the El Pantano gold-silver project in Argentina, the Lithium West project in Nigeria and the Ariquemes project in Brazil, which is prospective for tin, niobium and rare earths.

    The Anzá gold project was previously a 49/51 joint venture with Minera Monte Aguila (MMA), a corporation owned equally by Newmont (TSX:NGT,NYSE:NEM) and Agnico Eagle Mines (TSX:AEM,NYSE:AEM).

    Orosur shares have seen significant gains since the end of November 2024 when the company announced that it had completed its acquisition of MMA, giving Orosur 100 percent indirect ownership of the Anzá gold project.

    Following the transaction’s completion, exploration resumed at the project’s Pepas prospect in mid-November to test high-grade results from a 2022 drill program. The company announced its most recent drill results on Tuesday, saying it had encountered high-grade gold over long intervals beginning at surface. One highlighted intercept assayed up to 7.24 grams per metric ton (g/t) gold over 76.3 meters.

    2. Almonty Industries (TSX:AII)

    Company Profile

    Weekly gain: 64.1 percent
    Market cap: C$480.52 million
    Share price: C$1.92

    Almonty Industries is a tungsten and molybdenum mining and development company focused with operations in Spain, Portugal and South Korea.

    It is currently working on developing the Sangdong tungsten-molybdenum mine in South Korea, which hosts the largest tungsten deposit in the world. The mine is expected to begin production at the end of 2026 and has an anticipated mine life of 60 years. When fully ramped up the mine is projected to have an annual throughput of 640,000 metric tons, and will deliver 5,600 metric tons of molybdenum.

    On January 29, Almonty announced it had entered into an offtake agreement with SeAH Group (KRX:058650) subsidiary SeAH M&S, a Korean metals company supplying the steel industry. SeAH M&S will purchase the entire production of molybdenum for the life of the Sangdong mine with a hard floor price of US$19 per pound.

    Almonty also operates the Los Santos mine in Spain and the Panasqueira mine in Portugal, both producing high-grade tungsten concentrate.

    In addition to the offtake agreement Almonty also announced on January 19 its intention to relocate its jurisdiction of incorporation from Canada to the US state of Delaware. It said it would maintain its listings on both the TSX and ASX.

    Shares in Almonty began trading higherthis week after China announced on Tuesday it would be restricting metals exports, including tungsten and molybdenum, in response to US trade tariffs.

    3. Blue Lagoon Resources (CSE:BLLG)

    Company Profile

    Weekly gain: 89.29 percent
    Market cap: C$20.58 million
    Share price: C$0.265

    Blue Lagoon Resources is an exploration and development company focused on advancing its gold and silver projects in British Columbia, Canada.

    Its flagship Dome Mountain gold project, located near Smithers, BC, is a past-producing asset composed of 26 claims covering 21,000 hectares and hosts 15 known high-grade gold veins.

    A February 2022 updated mineral resource estimate (MRE) from the site demonstrated measured resources of 45,000 ounces of gold and 250,000 ounces of silver from 136,000 metric tons with average grades of 10.32 g/t gold and 57.31 g/t silver. Additionally, the MRE reported indicated resources of 173,000 ounces of gold and 876,000 ounces of silver from 662,000 metric tons of ore grading 8.15 g/t gold and 41.19 g/t silver.

    Blue Lagoon’s shares saw significant gains this week after the company announced on Thursday (February 6) that it had received the final mine permits and is preparing to begin mining operations as soon as July 2025.

    “We are delivering to our shareholders one of only a handful of mining permits granted in British Columbia over the last decade,” Chief Geologist Bill Cronk said.

    Once in operation, annual production will be limited to 55,000 metric tons of ore, from which the company expects to recover 15,000 ounces of gold.

    4. Electric Metals USA (TSXV:EML)

    Company Profile

    Weekly gain: 58.33 percent
    Market cap: C$13.75 million
    Share price: C$0.095

    Electric Metals is a mineral development company focused on advancing its flagship Emily manganese project in Minnesota, US.

    According to the company, the asset is North America’s highest-grade manganese resource. A May 2024 MRE shows Emily hosts an indicated resource of 6.23 million metric tons with grades of 19.27 percent manganese and 22.41 percent iron with an additional inferred resource of 4.91 million metric tons with grades of 17.5 percent manganese and 20.44 percent iron with a cut off of 10 percent manganese.

    Shares in Electric Metals have seen recent gains after a January 28 news release when the company announced it was starting work on a preliminary economic assessment for the Emily manganese project. It expects the report to be completed during the second quarter of 2025.

    5. Goldgroup Mining (TSX:GGA)

    Company Profile

    Weekly gain: 51.22 percent
    Market cap: C$34.79 million
    Share price: C$0.31

    Goldgroup Mining is a gold production, development and exploration company working to advance its Cerro Prieto heap-leach gold mine.

    The 4,335-hectare property, located in Sonora, Mexico, produces an annual average of 11,500 ounces of gold and has produced more than 120,000 ounces since its beginning in March 2013.

    Goldgroup is currently working to double the capacity of the mine to more than 25,000 ounces per year. The last update on the progress came in October 2024, when it announced that it had installed the primary crusher with a 2,200 metric ton per day throughput. It also said it had expanded pumping and irrigation capacity.

    Goldgroup’s most recent news came on February 6, when it announced that all shareholders holding share purchase warrants from financing rounds completed in September and November 2024 had informed the company they would exercise all outstanding warrants. The company had previously informed shareholders it was accelerating the warrants, changing the expiry date to February 9. Goldgroup will receive gross proceeds of C$1.87 million.

    FAQs for Canadian mining stocks

    What is the difference between the TSX and TSXV?

    The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

    How many companies are listed on the TSXV?

    As of June 2024, there were 1,630 companies listed on the TSXV, 925 of which were mining companies. Comparatively, the TSX was home to 1,806 companies, with 188 of those being mining companies.

    Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

    How much does it cost to list on the TSXV?

    There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

    The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

    These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

    How do you trade on the TSXV?

    Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

    Article by Dean Belder; FAQs by Lauren Kelly.

    Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

    Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

    Chris Taylor, known for his success at Great Bear Resources, is now turning his attention to France.

    Taylor has been appointed CEO of Aquitaine Metals, a Vancouver-based company focused on gold and antimony exploration in the Limousin Mining District, a historically significant mining region in Southwest France.

    With a Phase 1 drill program set to begin in early 2025, Aquitaine Metals is looking to confirm historical high-grade gold zones and assess the antimony potential at its 100 percent owned Limousin project.

    Under Taylor, Great Bear made a district-scale gold discovery at what was then known as the Dixie project in Red Lake, Ontario. The find led to the company’s C$1.8 billion acquisition by Kinross Gold (TSX:K,NYSE:KGC) in 2022.

    He’s now bringing his experience to Europe, where France is seeking to revive its domestic mining sector.

    Gold and antimony potential at Limousin

    ‘I was looking for something big,’ he explained during the conversation. “Great Bear was a great success story, and … if I was going to charge back into the fray and sit in the CEO chair again, I wanted to have something that would be significant — a significant project of size, something with clear tier-one potential.’

    The Limousin project is located in Nouvelle-Aquitaine, about 40 kilometers south of Limoges. The area is known for its historical gold and antimony production, with mining activity dating back to 500 BCE.

    The region hosts more than 900 ancient mining sites, indicating a long history of extraction.

    Aquitaine Metals has access to a large historical database that includes a wide array of information, such as 222,000 meters of drilling, as well as over 66,000 drill core and 60,000 operational grade control assays.

    Watch Taylor discuss Aquitaine Metals’ plans.

    “It is the best potential gold project I have ever seen in a very, very long time — if not ever,” Taylor remarked.

    Aquitaine Metals’ Phase 1 drill program will target high-grade gold zones at the Laurieras and Moulin de Cheni mines, focusing on the Pierrepinet and Douillac ore zones. The company aims to verify historical datasets and assess the economic viability of both gold and antimony extraction at the site.

    Antimony, which often occurs alongside gold in stibnite form, is a critical mineral used in military applications, fire retardants and high-tech optics. With supply chains increasingly under scrutiny, the EU has identified antimony as a strategic raw material due to its economic importance and supply risks.

    France’s mining industry revival

    France has historically been a significant mining jurisdiction, with gold, silver and base metals extraction dating back to the Roman era. The Limousin Mining District has been one of the country’s primary gold-producing regions, with commercial mining activity continuing into the 20th century.

    However, declining commodities prices and regulatory hurdles led to the closure of many operations.

    Taylor explained that despite the country’s mining slowdown in the past century, its historical background in the space makes it a strong candidate for a production renaissance.

    “Currently, there’s no real mining industry in France, but it is something that the government and the EU are very eager to get going again, because of the recent geopolitical changes,’ he said.

    In recent years, Europe’s push for raw materials security has led France to reconsider its approach to domestic mining. The government has expressed support for projects that align with strategic resource independence, particularly in critical minerals like antimony. Moreover, the country has recently taken steps to streamline permitting and support domestic resource development to reduce reliance on foreign mineral imports.

    In 2023, the French government implemented new policies to revive domestic mining and accelerate green energy projects, including plans to revive copper mining and fast track lithium and geothermal energy projects to reduce import dependency and meet climate targets. France, like other European nations, is increasingly viewing critical minerals as a matter of national security amid global geopolitical tensions and rising competition for resources.

    As part of these efforts, France is considering cutting the permitting process in half for mining, geothermal energy and carbon dioxide storage projects. The country is also exploring the use of depleted oil and gas wells for carbon storage.

    These policy shifts signal a broader commitment to revitalizing the country’s domestic resource sector — a trend that could benefit Aquitaine Metals and other companies seeking to develop new mining projects.

    Next steps for Aquitaine Metals

    With Taylor at the helm, Aquitaine Metals is preparing to begin drilling in early 2025.

    As mentioned, the company’s strategy is to confirm high-grade mineralization identified in historical records and expand its understanding of the Limousin project’s gold and antimony potential.

    If successful, the project could play a role in France’s broader efforts to establish a domestic mining industry capable of supporting both local and European demand for critical minerals.

    For Taylor, this marks a new chapter — one that builds on his previous success in Canada, while bringing modern exploration methods to one of Europe’s most historically significant mining regions.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

    However, there could be a pullback before that happens. Although gold and silver prices are thriving now, Durrett believes a ‘rug pull’ could take gold down to the US$2,350 to US$2,400 per ounce level.

    After that happens, gold will be ‘off to the races,’ with silver following. He anticipates gold rising to the US$3,200 to US$3,400 range, while silver could make it anywhere between US$45 and US$65 per ounce.

    In closing, Durrett listed his 15 ‘must-own’ silver stocks:

      Watch the interview above for more of Durrett’s thoughts on those topics and more. You can also click here to view our Vancouver Resource Investment Conference playlist on YouTube.

      Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

      This post appeared first on investingnews.com