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CENTURION MINERALS LTD. (TSXV: CTN) (‘Centurion‘ or the ‘Company‘) announces that the British Columbia Securities Commission (‘BCSC’) has revoked the management cease trade order (‘MCTO‘) previously issued on December 1, 2025 under National Policy 12-203 – Management Cease Trade Orders.

The issuance of the revocation order follows the filing by the Company of its audited annual financial statements for its fiscal year ended July 31, 2025 and its interim financial statements for the three‐month period ended October 31, 2025, with related management’s discussion and analysis and associated Chief Executive Officer and Chief Financial Officer certifications on January 26, 2026 and February 2, 2026, respectively (the ‘Required Filings‘). Copies of the Required Filings are available under the Company’s SEDAR+ profile at www.sedarplus.ca.

The Company is also no longer listed as being in default on the BCSC’s reporting issuer list and on the reporting issuer list, or default list, of each jurisdiction of Canada in which it is a reporting issuer to the extent that such jurisdiction maintains a list.

About Centurion Minerals Ltd.

Centurion Minerals Ltd. is a Canadian-based company with a focus on precious mineral asset exploration and development in the Americas.

‘David G. Tafel’
CEO and Director

For Further Information Contact:
David Tafel
604-484-2161

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.

Click here to connect with Centurion Minerals (TSXV:CTN) to receive an Investor Presentation

Source

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Glencore (LSE:GLEN,OTCPL:GLCNF) has entered into preliminary talks with a US-backed investment group over the potential sale of a major stake in two of its flagship copper and cobalt operations in the Democratic Republic of Congo (DRC).

In a joint statement, Glencore and the Orion Critical Mineral Consortium said they have signed a non-binding memorandum of understanding that could see Orion acquire a 40 percent interest in Glencore’s holdings in Mutanda Mining and Kamoto Copper Company.

Under the terms outlined, Glencore would continue to operate Mutanda and Kamoto as part of its broader group, while Orion would gain the right to appoint non-executive directors and direct the sale of its share of production to designated buyers.

The sales would be aligned with the US-DRC Strategic Partnership Agreement, with the stated aim of securing reliable supplies of copper and cobalt for the United States and its allies.

The parties also said they would explore opportunities to expand and further develop the two operations, working alongside the Congolese government and state mining company Gécamines, which is Glencore’s partner in Kamoto. In addition, the consortium and Glencore signaled interest in pursuing other critical mineral projects across the DRC and the wider African copper belt.

Orion CMC was established in October 2025 and is led by Orion Resource Partners in partnership with the US government. It describes itself as a mission-driven consortium focused on building secure and resilient supply chains for minerals deemed essential to future economic growth and national security.

US Deputy Secretary of State Christopher Landau said the proposed transaction aligns with Washington’s broader objectives in the region. “This proposed transaction between Glencore and the US-backed Orion Critical Minerals Consortium reflects the core objectives of the US-DRC Strategic Partnership Agreement by encouraging greater US investment in the DRC’s mining sector and promoting secure, reliable, and mutually beneficial flows of critical minerals between our two countries.”

The discussions remain at an early stage and are subject to due diligence, definitive agreements, and regulatory approvals.

The potential stake sale also comes amid heightened corporate activity around Glencore. Early last month, Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) reopened early-stage talks about a possible acquisition of the Swiss miner, a deal that could create the world’s largest mining company with a combined market value exceeding US$200 billion.

Rio Tinto has until February 5 to declare a firm intention or step away, though the deadline could be extended.

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

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President Donald Trump’s plan to launch a US$12 billion strategic stockpile of critical minerals is being welcomed across sectors as a long-awaited step toward reducing US dependence on China.

Known as Project Vault, the initiative combines up to US$10 billion in long-term financing from the US Export-Import Bank (EXIM) with roughly US$2 billion in private capital to procure and store minerals such as gallium, cobalt, lithium, and rare earth elements.

The program is structured as an independently governed public-private partnership, with participating manufacturers committing in advance to purchase materials at predetermined inventory prices.

Miners, developers welcome new policy

For domestic critical-minerals developers, the announcement has landed as a major policy signal.

“This effort represents exactly the kind of bold and innovative public-private partnership that the US needs right now to facilitate the rapid build-out of domestic critical minerals production and integrated supply chains,” said Mark A. Smith, chairman and chief executive officer of NioCorp Developments Ltd. (NASDAQ:NB). “I commend President Trump and EXIM Chairman John Jovanovic for their vision.”

The company said Project Vault, combined with recent Section 232 findings and a January presidential proclamation targeting imported critical minerals, demonstrates the administration’s intent to move aggressively to address what it views as excessive US reliance on foreign-produced materials.

Mining developers with US-based projects also see potential downstream benefits. American Pacific Mining (CSE:USGD,OTCQX:USGDF) chief executive Warwick Smith said the initiative enhances the strategic relevance of domestic copper assets.

“Once again, President Trump and the current administration are shining an important light on the need for more critical metals within the United States,” Smith said.

He pointed to copper’s role in electrification, transmission infrastructure and advanced manufacturing, adding that American Pacific’s Madison copper-gold project in Montana is “well aligned to benefit from Project Vault and the associated push to secure domestic critical metals supply.”

Beyond miners, industrial groups have viewed the project as a structural shift in how the US approaches supply-chain resilience.

The New American Industrial Alliance (NAIA) called the program “a perfect example of the public and private sectors working together to tackle the urgent issues facing our country,” noting that stockpiling critical minerals is essential to protecting supply chains from “malicious foreign actors.”

Battery manufacturers, meanwhile, welcomed the initiative as a necessary safeguard against future disruptions. The Responsible Battery Coalition (RBC) called Project Vault “a generational investment in American dominance and critical mineral independence.”

“Project Vault is exactly the kind of serious, industrial-strength action America needs right now,” said coalition president Adam Muellerweiss in a statement.

Analysts urge caution on near-term impact

Market analysts, however, stress that the stockpile should be viewed as a strategic backstop rather than a near-term solution to China’s dominance.

“The announcement is a step in the right direction, that direction being minimizing China’s ability to disrupt the US economy and manufacturing/technology base by manipulating both price and supply of critical elements,” said Dmitry Silversteyn, analyst at Water Tower Research.

Still, he cautioned that Project Vault is “not a quick solution,” given that many US-backed mining projects remain in early development stages or are producing limited commercial volumes.

Others echoed that view, emphasizing that stockpiling alone cannot solve structural constraints in global supply chains. Helen Amos, a commodities analyst at BMO Capital Markets, said the administration is deploying multiple tools at once.

“They’re investing directly in equity, they’re building up stockpiles and looking at strategic partnerships with trading companies,” Amos told Bloomberg. “They’re coming at it from all possible angles.”

Meanwhile, questions about the program’s scale also prompted some scrutiny. Almonty Industries (TSX:AII) chief executive Lewis Black described US$12 billion as modest when spread across dozens of critical minerals and compared with Cold War-era stockpiling efforts.

“Where are they going to get the material from? There’s nothing out there,” Black said, noting that in tight markets such as tungsten, the US will still have to compete with China for global supply.

“China is extraordinarily aggressive in buying non-Chinese concentrate and scrap, and the financial regulations that apply to us don’t apply to them,” he added.

Despite the cautious sentiment, there is a shared recognition that critical minerals have moved from a niche policy concern to a central economic and national-security issue.

As Jefferies analyst Charles Boakye put it, Project Vault is “a first big step of many” needed over the next several years.

“This is not a nationalization of US minerals,” Boakye told Fortune. “It’s state capitalism and it’s industrial policy.”

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

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(TheNewswire)

Providence Gold Mines Inc.

                                                     

TSX-V: PHD
OTC-PINKS: PRRVF
FRANKFURT EXCHANGE: 7RH1-F

VANCOUVER TheNewswire – February 4, 2026, Providence Gold Mines Inc. (‘Providence’ or the ‘Company’) announces that further to the news release of January 16, 2026 that the Company is increasing the announced Private Placement of up to $150,000, to up to $180,000. Each Unit consists of one common share and one full non-transferable warrant repriced to $0.065 from $0.05. The warrants are exercisable for a period of two years from the date of issue.  Finder’s fees may be paid at 7% cash and 7% finder’s warrants exercisable at $0.065 for a period of one year from the date of issue.

 

The proceeds from the Private Placement will be used for administration and continued sampling of the underground and surface workings to evaluate the potential of the available mineralization in advance of the planned 1000-ton bulk sample at the La Dama De Oro gold and silver property.

 

Remedial Road work on the main access road has been completed during the past several weeks. Once sampling confirms the robust potential mineralized zone the Company then plans to commence the 1000-ton bulk sample by April 2026.

 

The Property:

 

The La Dama de Oro gold property is a historical high grade gold producer and has permits for Water, Road, Environmental, Plan of Operations, Mill Site, and is approved for a bulk sample The Property has had no drilling or any modern-day scientific exploration and consequently has no developed or identified NI 43 101 compliant resources.

 

The La Dama de Oro Property is in the Silver Mountain Mining District, within the structurally complex Eastern California Shear Zone and the intersection with the San Andreas Fault Zone. Bedrock geology includes Mesozoic quartz monzonite that intrudes the Jurassic Sidewinder Volcanics. The structural geology of the region implies a sequence of compressional and extensional events that reactivated favorably oriented zones of weakness for the circulation of hydrothermal fluids. The main zone of mineralization is hosted by the La Dama de Oro Fault, a shallow northeast-dipping oblique-slip fault.

 

The mineralization at the property is classified as a structurally controlled, low-sulfidation epithermal gold-silver vein system. Gold and silver mineralization is associated with multi-phase quartz veining, brecciation, and pervasive hydrothermal alteration along the La Dama de Oro Fault. The largest known vein is 4.5 feet at its widest point and remains open to exploration for over 6,000 feet. The gold system has potential not just within the La Dama de Oro vein and other known veins but as well for additional discovery of other yet to be discovered veins.

The scientific and technical information contained in this news release has been reviewed and approved by Zachary Black, SME-RM, a Qualified Person as defined under NI 43-101. Mr. Black is a consultant and is independent of Providence Gold Mines Inc.

 

For more information, please contact Ronald Coombes, President, and CEO of the Company.

 

Ronald A. Coombes, President & CEO

Phone: 604 724 2369

roombes@providencegold.com

 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

 

Neither the OTCQB and or 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.

 

ll statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. All statements, other than statements of historical fact, included herein, including, without limitation, statements relating to the permitting process, future production of Providence Gold Mines, budget and timing estimates, the Company’s working capital and financing opportunities and statements regarding the exploration and mineralization potential of the Company’s properties, are forward-looking statements. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward- looking statements. Important factors that could cause actual results to differ materially from Providence Gold Mines expectations include fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; and uncertainty as to timely availability of permits and other governmental approvals. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Providence Gold Mines does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statement

Copyright (c) 2026 TheNewswire – All rights reserved.

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While the first phase of the AI gold rush was defined by massive investments in centralized data centers, 2026 is about proving those billions can translate into fast, reliable AI that people will use every day.

One Canadian startup, PolarGrid, is betting that the answer lies at the edge rather than in ever‑bigger centralized campuses. Led by former TekSavvy president Rade Kovacevic, the company has built a prototype network that shifts AI inference closer to end users to cut response times.

As artificial intelligence models become increasingly complex and applications demand real-time responsiveness, the physical infrastructure that minimizes delays will become a decisive competitive advantage.

This speed could be a key area for market growth and differentiation in the coming years.

The shift from building to proving value

Analysts expect hyperscalers to spend US$300 billion to US$600 billion on AI infrastructure in 2026. But as Purpose Investments’ Nicholas Mersch notes, the focus is turning “from who can build fastest to who can drive the highest revenue and margin per dollar of AI infrastructure.”

Power limits, with some data centers pushing past 1 gigawatt, and supply shortages for key components like high‑bandwidth memory, are biting. Centralized architectures also force user requests to travel long distances to distant servers, adding three to 10 times more lag than traditional web traffic.

That design breaks the experience for voice assistants or video agents, where even a one‑second pause feels wrong.

As models and chips have improved, on‑chip inference times for leading voice agents have dropped into the hundreds‑of‑milliseconds range, close to human reaction time, shifting the main source of delay to the network path between user and data center.

As PolarGrid CEO Rade Kovacevic puts it, “inference latency is the bottleneck for real-time AI at scale—whether it’s real-time voice or video solutions.”

The company is an edge‑focused player trying to attack that bottleneck; its prototype cuts network latency by more than 70 percent versus centralized hyperscalers and brings total response times toward 300 milliseconds, making it feel more like a human reply.

Why latency matters

Kovacevic compares today’s AI moment to the early commercial internet, when waiting 30 seconds for an image to load or 12 minutes to download a song on dial‑up still felt magical compared to mailing photos or driving to the mall for a CD.

As people got used to that technology, their tolerance for delay collapsed to near‑instant loads, and he expects the same pattern to play out with AI.

“Initially we’ve all been enamored with the new features and capabilities,” he explained, “but as we’ve gotten used to it, our expectations have continued to increase.”

For voice agents, that means anything more than a brief, human‑like pause starts to feel jarring and breaks trust.

In practice, that gap shows up in everyday workflows. Kovacevic points to talent‑recruitment platforms that rely on voice agents for first‑round interviews: if latency causes the bot and the candidate to talk over each other, top applicants drop off, and the whole funnel underperforms.

The same thing happens in customer service, where consumers might accept an AI agent to avoid an hour on hold, but not if responses feel slow, misheard or robotic.

Edge is the ‘neighborhood vending machine’

Sending data to a central cloud in, for example, Virginia or California and back to Canada creates a speed ceiling for real-time applications like autonomous driving, remote surgery and instant financial fraud detection.

The core idea behind edge AI is simple: instead of sending every request to a handful of giant campuses, inference runs on regional or local nodes closer to where users actually are.

Diagram: User to Edge Server (30 km), then to Centralized Server (4,000 km).

Latency comparison visuals

Image via PolarGrid

Kovacevic describes it as swapping a warehouse in another state for a neighborhood vending machine, shortening the trip so results arrive fast enough to feel instant. That approach doesn’t remove the need for large, centralized training clusters, but it does change where the latency‑sensitive part of the workload runs.

For policymakers, that architectural shift intersects with a parallel push for sovereign AI. Canada’s federal government has signaled plans for large, domestically owned data solutions, while global enterprises explore regional and bare‑metal platforms to gain more control over security‑sensitive workloads. Edge networks that can keep data local while reducing latency stand to benefit from both trends.

Startups like PolarGrid are positioning themselves as the networking “plumbing” for that world: infrastructure that other AI builders plug into so their voice, video and agentic applications behave in real time without rebuilding their own global networks.

PolarGrid’s prototype: a real-world test

That gain doesn’t come from hardware so much as where it is placed: PolarGrid distributes GPUs across major population centers in North America, so requests travel shorter physical distances before being processed.

Strategically, this approach fits the broader verticalization trend in AI infrastructure, where the winners are expected to control more of the stack and squeeze more utility out of each dollar of capex.

Instead of pouring money into new data centers, PolarGrid is trying to wring better user experience and utilization from existing capacity, potentially easing power constraints and overbuild risk. Its early pilots are focused on latency‑sensitive verticals like voice agents and interactive entertainment, where any improvement in responsiveness can translate directly into higher engagement and revenue.

What investors should watch

In a year of capex digestion, plays like this could deliver the ROI hyperscalers chase: higher revenue from usable AI without endless spending.

As Mersch put it, success goes to those capturing “revenue per dollar of infrastructure.” PolarGrid shows edge might be that path, turning AI from novelty to an everyday tool. Investors eyeing efficient bets may want to take note.

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

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Australia is taking part in a ministerial meeting aimed at exploring a strategic critical minerals alliance alongside the US, Europe, the UK, Japan and New Zealand.

According to media reports, the talks were convened by US Secretary of State Marco Rubio and are scheduled for February 4. The gathering marks the second such summit in less than a month and is expected to bring together ministers from around 20 countries, including G7 members the US, UK, Japan, France, Germany, Italy and Canada.

Discussions are set to focus on strengthening supply chain resilience, supporting clean energy transitions and deepening cooperation on strategic critical minerals. Early agenda items reportedly include potential US-backed price support mechanisms for critical minerals and rare earth elements.

However, reports indicate that the Trump administration has since moved away from pursuing a minimum price guarantee framework.

“The shift, which comes as a US Senate committee reviews a price floor extended to MP Materials (NYSE:MP) last year, marks a reversal from commitments made to industry and could set Washington apart from G7 partners discussing some form of joint price support or related measures to bolster production of critical minerals used in electric vehicles, semiconductors, defense systems and consumer electronics,” Reuters wrote in an exclusive.

Shares in Australia reportedly went down following the shift in plans, as Australia has been working towards becoming a key player in reducing critical minerals reliance on China.

Resources Minister Madeleine King was quoted by The Guardian as saying that the US decision to deflect from setting minimum pricing plans “won’t stop Australia” from pursuing its critical minerals reserve program.

In January, Australia announced that it intends to make its Critical Minerals Strategic Reserve (CMSR) operational by the end of 2026.

King detailed in a joint press release with Treasurer Jim Chalmers and Minister for Trade and Tourism Don Farrell that antimony, gallium and rare earths will be the first minerals of focus for the CMSR.

On Tuesday (February 3), the US was reported to be building a domestic stockpile of critical minerals, marking the Trump administration’s latest effort to reduce the country’s reliance on China for key materials and components used in cellphones, military equipment and renewable energy technologies.

This move also ties to the US and Australia deal signed last October, which outlined that both countries will each make more than US$1 billion in investments over the next six months for initial projects.

“Within a year, we’ll have critical minerals and rare earths that you won’t know what to do with them,” Trump said at the time.

More bilateral agreements on the supply chain are expected to be signed during the meeting.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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Red Metal Resources Ltd. (CSE: RMES,OTC:RMESF) (OTC Pink: RMESF) (FSE: I660) (‘Red Metal’ or the ‘Company’) is pleased to announce it has commenced a detailed LiDAR (Light Detection and Ranging) survey over the Carrizal property, focusing on the Farellon Project.

Highlights

  • Data collection is expected to be completed between February 2nd and 8th.
  • LiDAR provides high-resolution, three-dimensional maps of surface features at cm scale resolution. It operates by emitting laser pulses toward the ground from an aircraft or a drone and measuring the time it takes for the pulses to return after reflecting off the surface. Applying hillshading at multiple angles to the data reveals structural lineaments and offsets that are not visible in satellite imagery, giving a clear vision of the tectonic framework.
  • The LiDAR survey over the Farellon portion of the Carrizal Property will be used to aid in extending vein hosting structures out from mapped extents, identify historic workings that have been filled over time and are no longer obvious at surface or through satellite imagery, conduct detailed geological contact mapping, and identify any subtle structures with potential to be pathways for mineralization.

Prior surface work on the Carrizal Property identified distinct mineralization zonation. The South Theresa and Armonia veins in the southeast of the project show a higher gold-to-copper ratio compared to the Farellon and Gorda veins in the west (Figures 1 & 2). The LiDAR data, combined with existing extensive surface sampling and mapping, will be instrumental in developing high-priority drill targets for future drilling.

Red Metal Resources President and CEO, Caitlin Jeffs, stated: ‘Utilizing high-resolution LiDAR allows us to identify historic workings and subtle structural pathways that satellite imagery simply cannot catch. This is a cost-effective way to develop better targets focusing on the most promising gold and copper zones identified in our recent surface programs.’

The LiDAR survey will be flown over 1,293 hectares using a DJI Matrice 300 + LiDAR L2 scanner used by Red Rock SpA.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4932/282668_0de75dde244b2ad1_001.jpg

Figure 1: Historic gold surface samples with proven and inferred mapped veins

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4932/282668_0de75dde244b2ad1_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4932/282668_0de75dde244b2ad1_002.jpg

Figure 2: Historic copper surface samples with proven and inferred mapped veins

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4932/282668_0de75dde244b2ad1_002full.jpg

Highlights of surface sampling on the Farellon Property, including samples taken in 1996, 2012, 2022 and 2025.

Table 1: Grab Sample Highlights (1)(2)

Easting
UTM
Northing
UTM
Year
Sampled
CuT %
Total Cu
Au g/t
315582 6891342 1996 9.99 0.8
313429 6891457 1996 8.73 0.5
311948 6890653 1996 6.15 0.5
311278 6891037 1996 6.15 0.5
311113 6889560 1996 1.27 13.5
308110 6893340 1996 1.74 12.1
308019 6893061 1996 1.48 10.4
308868 6885882 1996 4.23 9.7
310652 6889237 1996 3.94 9.4
308040 6892737 1996 1.06 7.9
310281 6889013 1996 2.25 7.4
308351 6885794 1996 3.00 5.5
307880 6892676 1996 1.12 5.2
308208 6893642 1996 0.69 4.7
310281 6889013 1996 1.46 4.2
308006 6893075 1996 1.98 3.9
308838 6887625 1996 1.89 3.7
309888 6889743 2012 5.78 0.1
309490 6888943 2022 6.26 1.7
310916 6891077 2022 5.77 0.1
310082 6888543 2022 3.70 4.9
309800 6888323 2022 4.59 3.4
310602 6888689 2025 17.25 5.0
310368 6889189 2025 8.00 0.7
309378 6888671 2025 7.23 1.9

 

(1) Management cautions that prospecting surface rock samples and associated assays, as discussed herein, are selective by nature and represent a point location, and therefore may not necessarily be fully representative of the mineralized horizon sampled.
(2) This table represents a selection of highlights including 25 samples out of 422 samples taken.

Qualified Person

The technical content of this news release has been reviewed and approved by Caitlin Jeffs, P. Geo, who is a Qualified Person (‘QP’) as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Red Metal Resources Ltd.

Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing clean energy and strategic minerals projects. The Company’s portfolio of projects includes seven separate mineral claim blocks and mineral claim applications, highly prospective for Hydrogen, covering 172 mineral claims and totalling over 4,546 hectares, located in Ville Marie, Quebec and Larder Lake, Ontario, Canada. As well, the Company has a Chilean copper project, located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile’s coastal Cordillera. Red Metal is quoted on the Canadian Securities Exchange under the symbol RMES, on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF and on the Frankfurt Stock Exchange under the symbol I660.

For more information, visit www.redmetalresources.com

Contact:
Red Metal Resources Ltd.
Caitlin Jeffs, President & CEO
1-866-907-5403
invest@redmetalresources.com
www.redmetalresources.com

Forward-Looking Statements – All statements in this press release, other than statements of historical fact, are ‘forward-looking information’ within the meaning of applicable securities laws. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to the ability to raise adequate financing, receipt of required approvals, as well as those risks and uncertainties identified and reported in Red Metal’s public filings under its SEDAR+ profile at www.sedarplus.ca. Although Red Metal has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

Neither the Canadian Securities Exchange nor the 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.

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(TheNewswire)

Pinnacle Silver and Gold Corp.

The Company is also granting, subject to TSXV approval, 2,170,000 incentive stock options to directors, officers and consultants of the Company.  These Options will be valid for three years and will vest immediately.  All Options granted herein shall have an exercise price of $0.20.

About Pinnacle Silver and Gold Corp.

Pinnacle is focused on the development of precious metals projects in the Americas.  The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production. In the prolific Red Lake District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project with an eight-kilometre-long target horizon.  With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long-term, sustainable value for shareholders.

Signed: ‘Robert A. Archer’

President & CEO

For further information contact:

Email:        info@pinnaclesilverandgold.com

Tel.:  +1 (877) 271-5886 ext. 110

Website: www.pinnaclesilverandgold.com

 

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

 

Copyright (c) 2026 TheNewswire – All rights reserved.

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Kobo Resources Inc. (‘ Kobo ‘ or the ‘ Company ‘) ( TSX.V: KRI ) is pleased to announce that it has closed its previously announced non-brokered private placement of common shares (the ‘ Common Shares ‘) for gross proceeds of $287,491.80 (the ‘ Offering ‘). Pursuant to the Offering, Rockstone Drilling Inc., a drilling services provider that has supported the Company’s exploration activities since 2023, has subscribed for 958,306 Common Shares at a price of $0.30 per Common Shares pursuant to an exemption from the prospectus requirements in accordance with National Instrument 45-106 Prospectus Exemptions. The Common Shares are subject to a statutory hold period until June 4, 2026.

Edward Gosselin, CEO and Director of Kobo Resources, commented: ‘We appreciate the continued support from Rockstone Drilling, who has been an important operational partner at Kossou since 2023. Their participation in this financing reflects alignment with our ongoing exploration programs and provides additional flexibility as we advance drilling activities in 2026.’

The Company intends to use the net proceeds of the Offering for general corporate and working capital purposes.

The Common Shares have not been 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 to, or for the account or benefit of, persons in the ‘United States’ or ‘U.S. persons’ (as such terms are defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or compliance with an exemption from such registration requirements. This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction.

About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling gold discovery in Côte d’Ivoire, one of West Africa’s most prolific gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

With over 29,000 metres of diamond drilling, nearly 5,887 metres of reverse circulation (RC) drilling, and 7,100+ metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement on Forward-looking Information:

This news release may contain ‘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. 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, including statements related to the exploration program of the Company. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable as at the date of this news release, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inherent risks involved win the exploration and development of mineral properties; unanticipated costs and expenses; the delay or failure to receive board, shareholder or regulatory approvals; and other risk factors listed from time to time in our documents filed with Canadian securities regulators on SEDAR+ at www.sedarplus.ca . 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 the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260204077644/en/

For further information:

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc.

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TSXV: DMCU; OTCQB: DMCUF; FSE: 03E0) engages TMC Geophysics to conduct 27 line-kilometers of electrical geophysics (Induced Polarization; ‘IP’) at the Smart Creek Project, Montana. The geophysical program is designed to expand historical IP coverage on the property and will be used to refine the location of diamond drilling scheduled for Q1Q2, 2026. IP geophysics is used to obtain chargeability and resistivity values (rock properties) which can provide insights into the distribution of sulphides and hydrothermal alteration related to potential porphyry and Carbonate Replacement deposits in the subsurface at Smart Creek and will be used by Domestic to derisk drill targets in advance of drilling.

Domestic Metals has expanded its exploration budget significantly to accommodate additional geophysics and diamond drilling at Smart Creek based on results of the 2025 surface sampling program that substantially increased the mineralized footprint of existing targets at Smart Creek and identified several new targets for follow up exploration (see news release dated January 8, 2026). The 2025 sampling program returned the following high-grade results:

Highlight High-Grade Assay Results

  • 102 g/t Au (Sample G019007)
  • 74.7 g/t Au, 13.8% Cu, 3810 g/t Ag (Sample G019235)
  • 30.4 g/t Au (Sample G019001)
  • 26.6 g/t Au (Sample G019353)
  • 23.1% Cu, 424 g/t Ag (Sample G019225)
  • 19.65% Cu, 458 g/t Ag (Sample G019031)
  • 19.05% Cu, 582 g/t Ag (Sample G019038)

Non-brokered Private Placement

Domestic Metals announces a non-brokered private placement of up to 12,500,000 units (the ‘Units’) at a price of $0.28 per Unit (the ‘Offering’) for gross proceeds of up to $3,500,000. Each Unit will consist of one common share of the Company (a ‘Share’) and one common share purchase warrant (a ‘Warrant’). Each whole Warrant entitles the holder to acquire one additional Share of the Company for a period of two years from the date of issuance at a price of $0.40 per Share. Expiry of the Warrants may be accelerated if the closing price of the Company’s Shares on the TSX Venture Exchange (‘TSXV’) is equal to or greater than $0.65 for a minimum of twenty consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrants.

Gord Neal, CEO of Domestic Metals Corp. commented: ‘We expanded our exploration budget significantly to accommodate additional geophysics and up to 9,000m of diamond drilling at Smart Creek. This follows the discovery of high-grade mineralization, including up to 102 g/t gold, 23% copper, and 3,810 g/t silver we announced last month. These field campaign results generated significant unsolicited capital market interest making this private placement announcement timely. The geophysics program to be launched this week will refine drill targets for the larger diamond drill program scheduled to start in Q1, 2026.’

Insiders may participate and finders’ fees may be payable to qualified arm’s length parties that have introduced the Company to certain subscribers participating in the Offering. All securities issued in the Offering are subject to a four-month hold period, during which time the securities may not be traded. Closing of the Offering is subject to the approval of the TSXV.

The net proceeds from the Offering are intended for exploration of the Company’s Smart Creek Project, in Montana, U.S.A., and for general working capital.

This press release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the ‘1933 Act’) or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Opportunity to Meet with Domestic’s Management

We appreciate meeting with our supporters and shareholders in person to provide a detailed update and as such are looking forward to seeing you at our booth #3139 at the Investors Exchange at the PDAC, March 1-4, 2026, in Toronto.

Technical Information

All scientific and technical information in this news release has been reviewed and approved by Daniel MacNeil, P.Geo. Mr. MacNeil is a Technical Advisor to the Company and is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Domestic Metals Corp.

Domestic Metals Corp. is a mineral exploration company focused on the discovery of large-scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.

The Company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.

The Smart Creek Project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.

Domestic Metals Corp. is led by an experienced management team and an accomplished technical team, with successful track records in mine discovery, mining development and financing.

On behalf of Domestic Metals Corp.

Gord Neal, CEO and Director
(604) 657 7813

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For more information on Domestic Metals, please contact:
Gord Neal, Phone: (604) 657 7813 or Michael Pound, Phone: (604) 363 2885

Please visit the Company website at www.domesticmetals.com or contact us at info@domesticmetals.com.

For all investor relations inquiries, please contact:
John Liviakis, Liviakis Financial Communications Inc., Phone: +1 415 389 4670.

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 Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed ‘forward-looking statements’. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements may include, without limitation, statements relating to the Offering and the planned exploration activities on properties. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. 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 unless required by law.

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