Category

Investing

Category

55 North Mining (CSE: FFF,FSE: 6YF) is a Canadian exploration and development company advancing its 100 percent-owned Last Hope gold project in the Lynn Lake district of northern Manitoba. The company is focused on unlocking value from a high-grade gold system through systematic drilling, resource expansion, and disciplined capital allocation, while preserving strategic optionality in a rapidly emerging mining camp.

The Last Hope project hosts a high-grade, structurally controlled gold resource and benefits from proximity to established infrastructure, including paved road access, power and a regional airport. Importantly, the project lies near Alamos Gold’s Lynn Lake development, creating potential future synergies such as toll milling or satellite feed scenarios, subject to further technical and economic studies.

55 North Mining

The Last Hope gold project is located about 20 kilometres southeast of Lynn Lake, Manitoba, and comprises 31 mineral claims covering approximately 50 square kilometres. The project benefits from road and all-season trail access and is situated within a well-established mining district with a long history of gold and base metal production.

Company Highlights

  • High-grade Last Hope gold project has a current resource of 273,800 ounces inferred at 5.48 grams per ton (g/t) gold and 71,100 ounces indicated at 5.41 g/t gold
  • Significant exploration upside, with mineralization open down-plunge and along strike
  • Located approximately 20 kilometres from Alamos Gold’s Lynn Lake project, which includes a new 10,000-tonne-per-day mill under construction
  • Operating in a safe, mining-friendly jurisdiction with established infrastructure and a long history of mining activity
  • Impact Benefit Agreement in place with the Marcel Colomb First Nation, supporting social license and community engagement
  • Led by a management team with a track record of discovering, developing and monetizing assets in the Lynn Lake camp, including the sale of Carlisle Goldfields to Alamos Gold in 2016

This 55 North Mining profile is part of a paid investor education campaign.*

Click here to connect with 55 North Mining (CSE:FFF) to receive an Investor Presentation

This post appeared first on investingnews.com

55 North Mining (CSE: FFF,FSE: 6YF) is a Canadian exploration and development company advancing its 100 percent-owned Last Hope gold project in the Lynn Lake district of northern Manitoba. The company is focused on unlocking value from a high-grade gold system through systematic drilling, resource expansion, and disciplined capital allocation, while preserving strategic optionality in a rapidly emerging mining camp.

The Last Hope project hosts a high-grade, structurally controlled gold resource and benefits from proximity to established infrastructure, including paved road access, power and a regional airport. Importantly, the project lies near Alamos Gold’s Lynn Lake development, creating potential future synergies such as toll milling or satellite feed scenarios, subject to further technical and economic studies.

55 North Mining

The Last Hope gold project is located about 20 kilometres southeast of Lynn Lake, Manitoba, and comprises 31 mineral claims covering approximately 50 square kilometres. The project benefits from road and all-season trail access and is situated within a well-established mining district with a long history of gold and base metal production.

Company Highlights

  • High-grade Last Hope gold project has a current resource of 273,800 ounces inferred at 5.48 grams per ton (g/t) gold and 71,100 ounces indicated at 5.41 g/t gold
  • Significant exploration upside, with mineralization open down-plunge and along strike
  • Located approximately 20 kilometres from Alamos Gold’s Lynn Lake project, which includes a new 10,000-tonne-per-day mill under construction
  • Operating in a safe, mining-friendly jurisdiction with established infrastructure and a long history of mining activity
  • Impact Benefit Agreement in place with the Marcel Colomb First Nation, supporting social license and community engagement
  • Led by a management team with a track record of discovering, developing and monetizing assets in the Lynn Lake camp, including the sale of Carlisle Goldfields to Alamos Gold in 2016

This 55 North Mining profile is part of a paid investor education campaign.*

Click here to connect with 55 North Mining (CSE:FFF) to receive an Investor Presentation

This post appeared first on investingnews.com

New Found Gold (TSXV:NFG,NYSE:NFGC) is an emerging Canadian gold producer with a portfolio of assets in Newfoundland and Labrador. Its holdings include the flagship Queensway gold project, along with the recently acquired Hammerdown mine, Pine Cove mill, and Nugget Pond hydrometallurgical gold plant.

In early 2025, New Found Gold strengthened its board and management team with seasoned mine builders and operators to support its transition from exploration to production. Later that year, the company completed the acquisition of Maritime Resources, creating a diversified gold platform by combining the Queensway and Hammerdown projects with established processing infrastructure in a top-tier jurisdiction.

Map of Newfoundland highlighting various gold mining company  including New Found GoldQueensway’s neighbouring gold projects

In early 2025, New Found Gold strengthened its board and management team with seasoned mine builders and operators to support its transition from exploration to production. Later that year, the company completed the acquisition of Maritime Resources, creating a diversified gold platform by combining the Queensway and Hammerdown projects with established processing infrastructure in a top-tier jurisdiction.

Company Highlights

  • District-scale land package at Queensway totaling over 230,000 hectares and covering over 110 kilometres of strike along two major fault zones
  • Recently acquired Hammerdown operation, targeted for steady-state gold production in 2026
  • Ownership of the Pine Cove operation (with a permitted mill and tailings facility) and Nugget Pond hydrometallurgical gold plant, providing processing infrastructure
  • Strengthened management team and solid shareholder base, including cornerstone investor Eric Sprott

This New Found Gold profile is part of a paid investor education campaign.*

Click here to connect with New Found Gold (TSXV:NFG) to receive an Investor Presentation

This post appeared first on investingnews.com

New Found Gold (TSXV:NFG,NYSE:NFGC) is an emerging Canadian gold producer with a portfolio of assets in Newfoundland and Labrador. Its holdings include the flagship Queensway gold project, along with the recently acquired Hammerdown mine, Pine Cove mill, and Nugget Pond hydrometallurgical gold plant.

In early 2025, New Found Gold strengthened its board and management team with seasoned mine builders and operators to support its transition from exploration to production. Later that year, the company completed the acquisition of Maritime Resources, creating a diversified gold platform by combining the Queensway and Hammerdown projects with established processing infrastructure in a top-tier jurisdiction.

Map of Newfoundland highlighting various gold mining company  including New Found GoldQueensway’s neighbouring gold projects

In early 2025, New Found Gold strengthened its board and management team with seasoned mine builders and operators to support its transition from exploration to production. Later that year, the company completed the acquisition of Maritime Resources, creating a diversified gold platform by combining the Queensway and Hammerdown projects with established processing infrastructure in a top-tier jurisdiction.

Company Highlights

  • District-scale land package at Queensway totaling over 230,000 hectares and covering over 110 kilometres of strike along two major fault zones
  • Recently acquired Hammerdown operation, targeted for steady-state gold production in 2026
  • Ownership of the Pine Cove operation (with a permitted mill and tailings facility) and Nugget Pond hydrometallurgical gold plant, providing processing infrastructure
  • Strengthened management team and solid shareholder base, including cornerstone investor Eric Sprott

This New Found Gold profile is part of a paid investor education campaign.*

Click here to connect with New Found Gold (TSXV:NFG) to receive an Investor Presentation

This post appeared first on investingnews.com

Centurion Minerals (TSXV:CTN) is a Canadian gold exploration company focused on the world-class Abitibi greenstone belt. The company offers investors an early-stage entry point into a strategically located gold exploration company positioned within one of North America’s most prolific and active mining districts.

Centurion Minerals’ flagship Casa Berardi West project covers 6,732 hectares near major operations like Agnico Eagle’s Detour Lake mine. The project features significant ‘closeology’ advantages, situated just 12km from AMEX Exploration’s 1.6 Moz Perron discovery.

Key highlights include historic drill results reaching 38 g/t gold and a strategic focus on gold-bearing iron formations. Led by an experienced geological and finance team, Centurion offers a low market-cap entry point for investors targeting high-potential discoveries in one of North America’s most prolific mining districts.

Click here to know more about Centurion Minerals

This post appeared first on investingnews.com

Sranan Gold Corp. (CSE: SRAN,OTC:SRANF) (OTCQB: SRANF) (‘Sranan Gold’ or the ‘Company’) announces that its common shares have been approved for trading on the OTCQB® Venture Market (‘OTCQB’) in the United States under the symbol ‘SRANF.’ The Company’s common shares will continue to trade on the Canadian Securities Exchange under the symbol ‘SRAN.’

‘The OTCQB listing represents an important step in increasing Sranan Gold’s visibility and accessibility to U.S. investors and supporting the Company’s presence in the U.S. market,’ said Oscar Louzada, Chief Executive Officer of Sranan Gold. ‘The listing aligns with our strategy of broadening investor awareness and market access as we continue to advance our exploration activities in Suriname.’

The OTCQB is a U.S. trading platform operated by OTC Markets Group Inc. that is designed for early-stage and growth companies. Companies quoted on the OTCQB are required to meet ongoing financial reporting and disclosure requirements, including annual verification and management certification.

Real-time quotes and market information for Sranan Gold are available on the OTC Markets website at www.otcmarkets.com.

Sranan Board Update
The Company also announces that John Williamson has resigned as Chair of the Board and as a director of the Company, effective immediately to focus on other professional commitments. The board and management of Sranan Gold thank Mr. Williamson for his contributions to the Company.

Commenting on his departure, Mr. Williamson stated: ‘I appreciate the opportunity to have served on the board of Sranan Gold and wish the Company and its management team continued success as they advance the Tapanahony Project.’

About Sranan Gold
Sranan Gold Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname and Canada. The Company’s flagship Tapanahony Project covers 29,000 hectares in one of Suriname’s most prolific artisanal gold mining districts.

For more information, please visit http://www.sranangold.com.

For further information, please contact:
Oscar Louzada, CEO
+31 6 25438975

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.

Forward-looking statements
Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s plans and results. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results and speak only as of the date of this release. Further details about the risks applicable to the Company are contained in the Company’s public filings available on SEDAR+ (www.sedarplus.ca), under the Company’s profile.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279148

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Investor Insight

55 North Mining is advancing a high-grade gold asset in Manitoba with clear exploration upside and strategic proximity to a permitted, under-construction mill, positioning the company as a potential near-term production or acquisition candidate in a strong gold price environment.

Overview

55 North Mining (CSE:FFF,FSE:6YF) is a Canadian exploration and development company focused on advancing its 100 percent-owned Last Hope gold project in the Lynn Lake region of northern Manitoba. The company’s strategy centers on unlocking value from a high-grade gold system through systematic drilling, resource growth and disciplined capital allocation, while maintaining strategic optionality in a rapidly developing mining district.

55 North Mining

The Last Hope project hosts a high-grade, structurally controlled gold resource and benefits from proximity to established infrastructure, including paved road access, power and a regional airport. Importantly, the project lies near Alamos Gold’s Lynn Lake development, creating potential future synergies such as toll milling or satellite feed scenarios, subject to further technical and economic studies.

55 North is led by an experienced management team with deep technical and capital markets expertise and a long history in the Lynn Lake camp. This background informs the company’s focused, single-asset strategy aimed at advancing Last Hope efficiently while positioning the asset for multiple potential development pathways.

Company Highlights

  • High-grade Last Hope gold project has a current resource of 273,800 ounces inferred at 5.48 grams per ton (g/t) gold and 71,100 ounces indicated at 5.41 g/t gold
  • Significant exploration upside, with mineralization open down-plunge and along strike
  • Located approximately 20 kilometres from Alamos Gold’s Lynn Lake project, which includes a new 10,000-tonne-per-day mill under construction
  • Operating in a safe, mining-friendly jurisdiction with established infrastructure and a long history of mining activity
  • Impact Benefit Agreement in place with the Marcel Colomb First Nation, supporting social license and community engagement
  • Led by a management team with a track record of discovering, developing and monetizing assets in the Lynn Lake camp, including the sale of Carlisle Goldfields to Alamos Gold in 2016

Key Project

Last Hope Gold Project

The Last Hope gold project is located approximately 20 kilometres southeast of Lynn Lake, Manitoba, and comprises 31 mineral claims covering roughly 50 square kilometres. The project is accessible by road and all-season trail, within a well-established mining district with a long history of gold and base metal production.

55 North Mining

Geologically, Last Hope is a Precambrian-aged lode gold system situated within the Lynn Lake Greenstone Belt of the Churchill Structural Province. Mineralization is hosted in two near-vertical, tabular quartz-pyrite veins averaging approximately 3.5 metres in width. The deposit remains open along strike, particularly to the south, and at depth, supporting meaningful exploration upside.

The current NI 43-101 mineral resource estimate outlines 71,100 ounces of indicated gold and 273,800 ounces of inferred gold, both at grades exceeding 5 g/t gold. The resource is defined by 184 drill holes and includes numerous high-grade intercepts from both historical and recent drilling programs. With drill permits in place, 55 North is preparing to advance further drilling to test down-plunge extensions and expand the existing resource footprint.

With gold-sector consolidation accelerating and producers prioritizing high-grade ounces in established camps, 55 North is advancing Last Hope for strategic optionality. The company’s focus on resource growth and technical de-risking enhances the project’s relevance within the Lynn Lake district, positioning it for multiple value-creation outcomes, including potential strategic interest or acquisition.

Management Team

Bruce Reid – President and Chief Executive Officer

Bruce Reid is a geologist and mining executive with more than 35 years of industry experience. He previously served as chairman, president and CEO of Carlisle Goldfields, which was sold to Alamos Gold in 2016. Reid has founded and led multiple mining companies across North America and holds B.Sc. in Geology from the University of Toronto and a finance degree from the University of Windsor.

Julio DiGirolamo – Chief Financial Officer

Julio DiGirolamo is a chartered professional accountant with over 30 years of senior-level public company experience. He previously served as CFO of Carlisle Goldfields and brings extensive expertise in financial management, reporting and governance within the mining sector.

Sandra Jackson – Director

Sandra Jackson is a member of the Sagkeeng First Nation and holds a degree in economics from the University of Manitoba. She has more than three decades of experience in community, economic and institutional development, with a focus on Indigenous governance and engagement.

Herbert Urton – Director

Herbert Urton is a seasoned business executive with experience developing and managing companies at regional, national and international levels. He is currently president and CEO of Resortco Properties and a founding partner of One Sky Group, with expertise spanning hospitality, forestry and resource-related industries.

Vance Loeber – Corporate Development

Vance Loeber combines over 30 years of international experience with an extensive network to connect US and European investors with the capital needs of public resource companies. His track record includes securing major funding for large-scale projects, such as the launch of U.S. Silver and the multi-million dollar capitalization of Sandspring Resources.

This post appeared first on investingnews.com

Nine Mile Metals LTD. (CSE: NINE,OTC:VMSXF) (OTC Pink: VMSXF) (FSE: KQ9) (the ‘Company’ or ‘Nine Mile’) is pleased to announce Certified Assay results for volcanogenic massive sulphide (VMS) mineralization collected from the pre-drill area on the Wedge VMS Project, in the world-famous Bathurst Mining Camp (BMC), New Brunswick, Canada.

TABLE 1: ACTLABS CERTIFIED ASSAY RESULTS:

Sample # Cu Pb Zn Au Ag Cu Eq
% % % g/t g/t %
280447 10.90 0.02 0.04 0.17 6.00 11.22
280448 9.95 0.03 0.03 0.24 6.20 10.36
280449 9.11 0.04 0.49 0.31 6.90 9.73
280450 10.20 0.12 0.44 0.18 7.70 10.68
280451 10.60 0.05 0.24 0.19 7.60 11.02
280452 10.10 0.41 0.76 0.24 11.60 10.86
280453 0.48 0.01 0.01 0.12 1.20 0.65
280454 2.31 0.19 0.45 0.26 3.50 2.83
280455 0.10 0.01 0.01 0.09 0.80 0.23
280456 10.20 0.05 0.34 0.19 6.40 10.64
280457 10.10 0.04 0.39 0.17 5.70 10.51
280458 3.09 0.39 1.42 0.32 5.50 4.00
280459 2.40 1.76 2.17 0.29 22.70 4.00
280460 15.00 0.05 0.11 0.71 42.00 16.64
280461 13.30 0.07 0.09 0.58 25.70 14.49
280462 14.20 0.04 0.12 0.21 48.10 15.37
280463 13.30 0.07 0.10 0.52 29.50 14.49
280464 13.70 0.06 0.11 0.25 30.90 14.60
280465 0.33 0.01 0.02 0.12 1.70 0.51
280466 0.09 0.01 0.02 0.12 1.20 0.26

 

The assays were shipped to ActLabs in Fredericton, New Brunswick for preparation with final analysis of pulps conducted in Ancaster, Ontario. The primary analytical method for the Wedge samples is UT-7, multi-element Peroxide ‘Total’ Fusion (ICP-OES+MS). When overlimit results are returned, ore grade analysis is triggered and conducted utilizing Code 8-AR-ICP-OES. Gold analysis is treated separately by 30g Fire Assay and AA finish, method 1A2. Ag is also treated separately by method 1E Ag. QA /QC controls involve inserting standards in the samples stream at set intervals.

Samples 280461 through 280464 below (Figure 1) are examples of the massive Hi-Grade Copper sulphide mineralization (Chalcopyrite). Covellite is also clearly seen in sample #280461 and #280463, as a dark blue cast in colour. The samples were collected in the area highlighted in Figure 2, immediately to the west of the footings for the old hoist and the remains of the shaft. These are well-known landmarks.

FIGURE 1: HIGHLIGHTED SAMPLES

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_002.jpg

SAMPLE #280461 (14.49% CU-EQ) 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_002full.jpg 

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_003full.jpg

SAMPLE #280462 (15.37% CU-EQ)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_003full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_004full.jpg

SAMPLE #280463 (14.49% CU-EQ)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_004full.jpg

 Cannot view this image? Visit: https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_005full.jpg

 SAMPLE #280464 (14.60% CU-EQ)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_005full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_006.jpg

FIGURE 2: 2025 SAMPLE AREA

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7335/279109_463894d78493091f_006full.jpg

Gary Lohman, Director, P.Geo., VP Exploration, stated, ‘The mineralization is massive in character, fine grained, with basic Fe (Pyrite) and Cu sulphides (Chalcopyrite – Covellite), mineralogy as we have seen in recent drilling. Visible covellite (CuS) was locally present, adding a high grade component to the system. Again, these values explain what we are seeing in our drill core from our first 3 holes. (WD-25-01 & WD-25-02 & WD-25-02B). We are extremely encouraged and look forward to the WD-25-01 Certified Drill Core Assay Results.’

Patrick J. Cruickshank, MBA, CEO & Director, stated, ‘Our current Wedge Program continues to demonstrate the high-grade quality of the sampling of this deposit. These results are simply outstanding. Our current Drill Program was designed with this quality of mineralization below and I believe our 1st (3) announced drill holes clearly demonstrates this success. This is definitely a special copper rich deposit. We look forward to sharing our summary of our next drill hole in our program.’

Qualified Person 

The technical content of this news release pertaining to the Wedge Project was reviewed and approved by Gary Lohman, P.Geo., a non-independent qualified person as defined by National Instrument 43-101.

Copper Equivalent (Cu-Eq) for these surface grab samples is calculated based on December 16, 2025, pricing: US$ 5.35/lb Cu, US$ 0.88/lb Pb, US$ 1.37/lb Zn, US$ 67.10/oz Ag, and US$ 4337.70/oz Au, with 80% metallurgical recoveries assumed for all metals. Since it is unclear which metals will be the principal products, assuming different recoveries is premature at this stage. Therefore, an 80% recovery rate is justified.

About Nine Mile Metals Ltd.:

Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.

ON BEHALF OF Nine Mile Metals LTD.,

‘Patrick J. Cruickshank, MBA’
CEO and Director
T: 506-804-6117
E: patrick@ninemilemetals.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as ‘will,’ ‘may,’ ‘would,’ ‘expect,’ ‘intend,’ ‘plan,’ ‘seek,’ ‘anticipate,’ ‘believe,’ ‘estimate,’ ‘predict,’ ‘potential,’ ‘continue,’ ‘likely,’ ‘could’ and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) prior to commencing the 2023 exploration drill program, the ground will be mapped at surface and representative samples analyzed to determine the base and precious metal assay values , (b) the Ag and Au values will be reported upon receipt of the certified assay results from ALS Global, and (c) our current financial raise will enable us to drill the Wedge Project (along with our Canoe Landing VMS Project and follow up exploration work on our California Lake VMS Project) this season as opposed to next year. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

The Canadian Venture Building, 82 Richmond Street East, Toronto, ON M5C 1P1 (T) 506-804-6117

www.ninemilemetals.com

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279109

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Apollo Silver Corp. (‘Apollo Silver’ or the ‘Company’) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to announce that it has upsized its previously announced non-brokered private placement by an additional $2,500,000, to be subscribed for primarily by insiders of the Company, for total aggregate gross proceeds of up to $27,500,000, through the issuance of up to 5,500,000 units (the ‘Units’) at a price of $5.00 per Unit (the ‘Upsized Offering’).

As previously announced, Mr. Eric Sprott and a fund managed by Jupiter Asset Management (the ‘Jupiter Fund‘), Apollo Silver’s two largest shareholders, are participating in the Upsized Offering, and will each subscribe for 2,500,000 Units of the Company, for combined gross proceeds of $25,000,000. Following completion of the Upsized Offering, the Jupiter Fund will own approximately 12% of Apollo Silver’s issued and outstanding common shares, while Eric Sprott will own approximately 9.5%, on an undiluted basis. On a partially diluted basis, each investor’s ownership interest will increase accordingly.

Each Unit issued pursuant to the Upsized Offering will consist of one common share (a ‘Share‘) in the capital of the Company and one common Share purchase warrant (a ‘Warrant‘). Each Warrant entitles the holder thereof to purchase one Share at an exercise price of $7.00 for 24 months from the closing date of the Upsized Offering.

All securities issued in connection with the Upsized Offering will be subject to a four-month hold period from the date of closing. Finder’s fees may be payable on some or all of the funds raised, in accordance with the policies of the TSX Venture Exchange (the ‘TSXV‘). The Company intends to use the net proceeds from the Upsized Offering to fund exploration and development activities across the Company’s projects, as well as for general working capital and corporate purposes.

Closing of the Upsized Offering is subject to regulatory approval, including that of the TSXV.

The Upsized Offering is expected to include participation by certain insiders of the Company for an aggregate amount of up to $2,500,000. Such participation constitutes a ‘related party transaction’ under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101’). The issuance of securities to insiders will be exempt from the valuation requirement pursuant to section 5.5(b) of MI 61-101, as the Company’s shares are not listed on a specified market, and from the minority shareholder approval requirement pursuant to section 5.7(a) of MI 61-101, as the fair market value of the securities issued to related parties will not exceed twenty-five percent of the Company’s market capitalization.

The Shares 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 U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Apollo Silver Corp.

Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US. The Calico project hosts a large, bulk minable silver deposit with significant barite credits – a critical mineral essential to the US energy 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 Silver 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 with respect to the expected timing for completion of the Upsized Offering, and the intended use of proceeds from the Upsized Offering. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and 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 matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Primary Logo

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

International Lithium Corp. (TSXV: ILC,OTC:ILHMF) (OTCQB: ILHMF) (FSE: IAH) (the ‘Company’ or ‘ILC’) announces that on December 24, 2025, it received the arbitration determination for Lepidico’s dispute with Jiangxi Jinhui Lithium Co., Ltd. (‘Jinhui’) in China. Lepidico Chemicals Namibia (Pty) Ltd (‘Lepidico Namibia’) was the party involved in the arbitration. The dispute dates back to events prior to Lepidico’s acquisition of TSXV-quoted Desert Lion Energy Inc. in 2019.

ILC structured the deal announced on September 9, 2025, to buy Lepidico Mauritius as an option precisely because it wanted to wait and see the outcome of the arbitration decision. Lepidico Mauritius owns 80% of Lepidico Namibia, which, in turn, owns the entire Karibib Lithium, Rubidium and Cesium project (the ‘Karibib Project’).

The arbitration took place at the Singapore International Arbitration Centre (‘SIAC’) as provided for in the contract between the parties. It is understood that the case was referred to arbitration at the direction of the State Administration of Foreign Exchange (‘SAFE’), a Chinese state body and regulator under the People’s Bank of China. The contract between the parties was under Ontario law. There were no Canadians on the arbitration tribunal. A tribunal of three arbitrators was appointed. The presiding arbitrator and a co-arbitrator were both Professors who are nationals of and resident in China; the second co-arbitrator was a Singapore national. The arbitration determination was issued in Chinese, with an English translation. This differs from the Singapore court system, where all proceedings and judgments are conducted in English.

The outcome was unfavourable to Lepidico Namibia and resulted in a determination in favour of Jinhui.

ILC currently holds an option, is a secured creditor, and believes in the future of the Karibib Project. ILC’s board is considering various courses of action and expects to make further announcements in due course.

About International Lithium Corp.

International Lithium Corp. has exploration activities in Ontario, Canada, with intentions to expand into Southern Africa. It has projects at various stages, ranging from Definitive Feasibility Study at Rubicon in Namibia (note that ILC currently has an option only and is treating this as historic information at this point and not a current resource for ILC) to Preliminary Economic Assessment at Raleigh Lake to Pre-Drilling at Wolf Ridge. The primary target metals in Canada are lithium, rubidium and copper. There are three projects (two in Ontario and one in Ireland) in which ILC has sold its share, but where the Company stands to receive future payments from either a resource milestone being achieved or from a Net Smelter Royalty. In Namibia the Karibib project contains lithium, rubidium and cesium.

While the world’s politicians remain divided on the future of the energy market’s historic dependence on oil and gas and on ‘Net Zero’, there is in any scenario an ever-increasing and significant demand for electricity driven by AI and data centres, and by a likely unstoppable momentum towards electric vehicles and grid-scale electricity storage. All of these contribute to rising demand for lithium, copper, and other metals. Rubidium is also a critical metal, strategic for high-precision clocks, space technology, and improving the performance of certain types of solar panels. ILC has seen the politically driven, increasingly urgent push by the USA, Canada, the EU, and other major economies to safeguard their supplies of critical minerals and to become more self-sufficient. The Company’s Canadian and Southern African projects, which contain lithium, rubidium, cesium and copper, are strategic in this regard.

The Company’s key mission for the next decade is to generate revenue for its shareholders from lithium and other critical minerals while also contributing to the creation of a greener, cleaner planet and less polluted cities.

This includes optimizing the value of ILC’s existing projects in Canada as well as finding, exploring and developing projects that have the potential to become world-class deposits. The Company announced that it regards Southern Africa as a key strategic target market and, in addition to Namibia, it has applied for and hopes to receive EPOs in Zimbabwe. The board hopes to make further announcements on the portfolio developments over the next few weeks and months.

The Company’s interests in various projects now consist of the following, and in addition, the Company continues to seek other opportunities:

Name Metal Location Stage Area in Hectares Current Ownership Percentage Future Ownership % if options exercised and/or residual interest Operator or JV Partner
Raleigh Lake Lithium
Rubidium
Ontario Dec 2023 : PEA for Li completed Apr 2023 Maiden Resource Estimates for Li and Rb 32,900 100% 100% ILC
Rubicon + Helikon + Exclusive Prospecting Licence Lithium
Rubidium
Cesium
Karibib, Namibia 2021 : Feasibility Study completed for Li, Rb and Cs under JORC 29,500 0 % 80% Lepidico; ILC if option exercised
Firesteel Copper, Cobalt Ontario Initial Drilling 6,600 90% 90% ILC
Wolf Ridge Lithium Ontario Pre-Drilling 5,700 0% 100% ILC
Mavis Lake Lithium Ontario May 2023
Maiden Resource Estimate
2,600 0% 0%
(carries an extra earn-in payment of AUD$ 0.75 million if resource targets met)
Critical Resources Limited (ASX:CRR)
Avalonia Lithium Ireland Drilling 29,200 0% 0%
2.0% Net Smelter Royalty
GFL Intl Co Ltd. (owned by Ganfeng Lithium Group Co. Ltd)
Forgan/
Lucky Lakes
Lithium Ontario Drilling < 500 0% 0%
1.5% Net Smelter Royalty
Power Minerals Limited (ASX:PNN)

 

The Company’s primary strategic focus at this point is on the Raleigh Lake Project, comprising lithium and rubidium, and the Firesteel copper project in Canada, as well as obtaining EPOs and mineral claims in Zimbabwe. The Karibib projects in Namibia, including further development of the EPL there, will be a high priority if ILC decides to remain involved.

The Raleigh Lake Project now encompasses 32,900 hectares (329 square kilometres) of mineral claims in Ontario and represents ILC’s most significant project in Canada. To date, drilling has occurred on less than 1,000 hectares of the Company’s claims. A Preliminary Economic Assessment was published for ILC’s lithium at Raleigh Lake in December 2023, with a detailed economic analysis of ILC’s separate rubidium resource still pending. Raleigh Lake is 100% owned by ILC, free from any encumbrances and royalties. The Raleigh Lake Project boasts excellent access to roads, rail, and utilities.

A continuing goal has been to remain a well-funded, strategically run company that turns ILC’s aspirations into reality. Following the disposal of the Mariana project in Argentina in 2021, the Mavis Lake project in Canada in 2022, and the Avalonia project in 2025, ILC has continued to generate sufficient cash inflows to advance its exploration projects.

With increasing demand for high-tech rechargeable batteries used in electric vehicles, energy storage, and portable electronics, lithium has been dubbed ‘the new oil’. It is a key part of a green, sustainable economy. By positioning itself on projects with significant resource potential and solid strategic partners, ILC aims to become a preferred lithium and critical minerals resource developer for investors and to continue building value for its shareholders throughout the 2020s, the decade of battery metals.

On behalf of the Company,

John Wisbey
Chairman and CEO
www.internationallithium.ca

For further information concerning this news release, please contact info@internationallithium.ca or ILC@yellowjerseypr.com.

Neither 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

Except for statements of historical fact, this news release or other releases contain certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the timing of completion of any offering and the amount to be raised, the likelihood or otherwise of the Company exercising its option on Lepidico Mauritius, the outcome of arbitration and resulting actions and negotiations involving Lepidico Namibia and its stakeholders, the effect of results of anticipated production rates, the timing and/or anticipated results of drilling on the Raleigh Lake or Karibib or Firesteel or Wolf Ridge projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, the ability to renew mining licences or claims, lithium or rubidium or cesium or copper recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company’s projects, the Company’s budgeted expenditures, future plans for expansion in Southern Africa and planned exploration work on its projects, increased value of shareholder investments in the Company, the potential from the Company’s third party earn-out or royalty arrangements, the future demand for lithium, rubidium, cesium and copper, and assumptions about ethical behaviour by our joint venture partners or third party operators of projects or royalty partners. Such forward-looking information is based on assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled ‘Risks’ and ‘Forward-Looking Statements’ in the interim and annual Management’s Discussion and Analysis which are available at www.sedarplus.ca. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279116

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com