Latest news with #exploration
Yahoo
19 hours ago
- Business
- Yahoo
Sulliden secures 48% stake in Polish nickel, zinc and lead exploration project
Sulliden Mining Capital has announced its acquisition of a 48% interest in a nickel, zinc and lead mining exploration project in Poland. This strategic move involves the purchase of shares from Ferrite Resources Polska, with the project comprising the Szklary and Dabrowka concessions. The acquisition saw Sulliden pay €62,500 ($73,136.9) and agree to indemnify a former director of Ferrite Resources Polska for any costs related to his previous role. The transaction, conducted at arm's length, aligns with the policies of the Toronto Stock Exchange and did not result in a change of control for Sulliden. The target property consisting of the Szklary and Dabrowka concessions is fully owned by Ferrite Resources Polska. Szklary, located approximately 50km south of Wroclaw, is known for its nickel laterite deposit. Historical records show a production of 3.5 million tonnes (mt) at 0.79% nickel, equating to 28,000 tonnes. Despite extensive drilling during the Soviet era and a NI 43-101-compliant technical report, additional drilling is planned to confirm historical inferences. The project's potential is further underscored by the proximity of two smelters within the Katowice mining hub, less than 20km away. Established infrastructure including road and rail access complements the proven room and pillar mining methods and magnetic separation technology used at the site. Dabrowka, situated 25km north of Katowice, has an existing historical shaft but requires a new decline shaft. Sulliden anticipates minimal primary development and plans to drill an additional 27 holes to augment historical exploration data. The project's upside is enhanced by the presence of a second zinc and lead deposit, which the company intends to explore further with the additional drilling. "Sulliden secures 48% stake in Polish nickel, zinc and lead exploration project" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
FPX Nickel Announces Results of 2025 Annual General and Special Meeting
VANCOUVER, BC, June 27, 2025 /CNW/ - FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce the results of its 2025 Annual General and Special Meeting held on June 26, 2025. Shareholders voted in favour of all items put forward by the Board of Directors and Management. Shareholders elected eight directors to the Company's Board, namely, Kim Baird, Peter M.D. Bradshaw, Anne Currie, James S. Gilbert, Peter J. Marshall, Andrew Osterloh, Robert B. Pease and Martin E. Turenne. The shareholders approved all other matters as proposed, including the appointment of DeVisser Gray LLP as the auditor of the Company and approval of the Company's 10% rolling share compensation plan. About FPX Nickel Corp. FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at or contact Martin Turenne, President and CEO, at (604) 681-8600 or ceo@ On behalf of FPX Nickel Corp."Martin Turenne"Martin Turenne, President, CEO and Director Forward-Looking Statements Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. SOURCE FPX Nickel Corp. View original content to download multimedia: Sign in to access your portfolio
Globe and Mail
a day ago
- Business
- Globe and Mail
SAGA Metals' Radar Project Delivers More Than Just Excellent Grades; It's A Layered Breakthrough
In an exploration market where capital favors conviction and data speaks louder than ambition, SAGA Metals Corp. (TSX-V: SAGA | OTCQB: SAGMF | FSE: 20H) is quietly checking the boxes that others only claim to chase. And here's a significant one: If the 2025 winter drill campaign at SAGA's Radar Ti-V-Fe Property was designed to answer one question—can this layered mafic system deliver technical and economic continuity—the answer came back as an emphatic yes. The better news is that it came in layers. From the first collar to the final core sample, SAGA's Radar program didn't just hit grades—it revealed structure, scalability, and the kind of geological consistency that explorers rarely get on their maiden run. Here's the proof. Deep Structure Behind the Numbers The final three drill holes of the winter program—HEZ-06, HEZ-02, and HEZ-03—weren't just extensions of previous success. They were strategic penetrations into the hangingwall of the oxide layering zones. Their purpose? To bracket, correlate, and define the vertical and lateral extent of a titanomagnetite system that's now showing mappable predictability across multiple layers. It's technical language, but make no mistake—the data is encouraging. Those holes hit: 28m @ 20.11% Fe, 4.22% TiO₂, 0.214% V₂O₅ (HEZ-06) 37m @ 12.4% Fe, 4.17% TiO₂, 0.069% V₂O₅ (HEZ-02) 55m @ 11.37% Fe, 4.07% TiO₂, 0.051% V₂O₅ (HEZ-03) But the bigger story lies below the intercepts. HEZ-02 revealed a new 133-meter zone averaging 4.14% TiO₂—beginning at 167m depth and continuing uninterrupted to 300m. HEZ-03 echoed this structure, with 66.5 meters grading above 4% TiO₂. That's more than mineralization. That's a system with layered predictability, now confirmed by drilling, geophysics, and petrographic mapping. As importantly, SAGA now believes it has identified four distinct magmatic layers of vanadiferous titanomagnetite (VTM) mineralization—each of which can be tracked, bracketed, and ultimately modeled into a resource. And this is just the start. Video Link: Major Value Exposed And Only 1/40th Explored The 2025 winter program tested just a 500m x 350m slice of a magnetic anomaly that spans nearly 20 kilometers. That's less than 2.5% of the identified oxide layering zone. Yet within this modest footprint, SAGA has already established the foundation for a layered intrusion model comparable in structure and scale to other globally significant Ti-V-Fe systems. From the surface to depths of 300 meters, drilling has confirmed both the oxide layering and its correlation to the regional magnetic signature. And that matters—because it means targeting going forward becomes highly efficient. No blind drilling. No guesswork. Just focused, layer-by-layer exploration. SAGA indicated that the next phase would include high-resolution geophysics, expanded mapping, and a broader drill plan to pursue the larger, previously untouched magnetic anomalies across the property. A Metallurgical Edge Few Juniors Can Claim Beyond the grades, the Radar Project is emerging as a technically elegant system. The presence of vanadiferous titanomagnetite—a mineral favorable for simplified metallurgical processing—could provide SAGA with a rare economic advantage. It's not just about what's in the ground but how cleanly it can be extracted. SAGA is already analyzing metallurgical recoveries from the Hawkeye Zone, where initial petrography has identified a titanomagnetite-dominant assemblage. This opens the door to potentially high-grade concentrates and recovery rates that sidestep the complexity and costs typically associated with mixed-metal deposits. Even more exciting from an investor's perspective, SAGA is now initiating alternative whole-rock analysis to assess secondary mineral potential, including phosphate, manganese, scandium, and rare-earth elements. These aren't distractions—they're value enhancers that could broaden the economic case. Right Infrastructure, Right Time, Right Asset That's not all. Additional value drivers inherent to Radar are in play from its sitting just 10km from Cartwright, Labrador, with road access, a deep-water port, nearby hydropower, and a favorable permitting environment. It's a rare situation: a layered mafic system with visible oxide layers, strong infrastructure, and the technical know-how to move forward. But what really sets SAGA apart is what Radar could become. With proof of concept now delivered across at least seven holes, the company is pivoting from "what's here?" to "how big is this?" That answer is potentially "enormous," especially in a market rewarding critical mineral alignment. In other words, titanium, vanadium, and iron aren't just relevant and essential—they're valuable. SAGA Is Drilling Success Most important to the value proposition is that SAGA Metals isn't pitching a potential lucky strike. It's advancing a structurally cohesive, technically validated mineral system with massive upside that remains largely untapped. Know this too: SAGA isn't presenting its case through a brute-force "drill baby drill" dart-throw style exploration. It's made through strategy, science, and sequencing. And while others around them are still prospecting, SAGA now has drill-confirmed layers, metallurgical clarity, and a 20-kilometer runway of untested anomalies—most of which are larger than some of the projects that just delivered. At less than $0.20 yesterday, the market may be missing the mark on valuation. But the layers to create value are in place. And the deeper this SAGA goes, the stronger its bullish case gets. As long as that narrative holds, consider capitalizing sooner than later. Sources and references: Disclaimer and disclosures: This Disclaimer and Disclosure statement is a permanent part of this content. Any reproduction of this content that does not include the Disclaimer and Disclosure statement is unauthorized and strictly prohibited. All investments are subject to risk, which must be considered on an individual basis before making any investment decision. This paid advertisement includes a stock profile of SAGA Metals Corp. This paid advertisement is intended solely for information and educational purposes and is not to be construed under any circumstances as an offer to sell or a solicitation of an offer to purchase any securities. In an effort to enhance public awareness, Hawk Point Media Group, Llc. was hired by Shore Thing Media Group, Llc. to create and distribute digital content for SAGA Metals Corp. Shore Thing Media Group, Llc. compensated Hawk Point Media Group, Llc. USD five-thousand-dollars via wire transfer to complete and distribute these services. This advertisement is being disseminated for a period of one month beginning on 06/24/25 and ending on 07/23/25. Hawk Point Media Group, Llc. owners, officers, principals, affiliates, contributors, and/or related parties do not own, intend to own, sell, or intend to sell SAGA Metals Corp. stock. However, it is prudent to expect that those hiring Hawk Point Media Group, Llc, including that company's owners, employees, and affiliates may sell some or even all of the SAGA Metals Corp. shares that they own, if any, during and/or after this engagement period. If successful, this advertisement will increase investor and market awareness of SAGA Metals Corp. and its securities, which may result in an increased number of shareholders owning and trading the securities, increased trading volume, and possibly an increase in share price, which may be temporary. This advertisement does not purport to provide a complete analysis of SAGA Metals Corp. or its financial position. The agency providing this content are not, and do not purport to be, broker-dealers or registered investment advisors. This advertisement is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a registered broker-dealer or registered investment advisor or, at a minimum, doing your own research if you do not utilize an investment professional to make decisions on what securities to buy and sell, and only after reviewing the financial statements and other pertinent publicly-available information about SAGA Metals Corp. Further, readers are specifically urged to read and carefully consider the Risk Factors identified and discussed in SAGA Metals Corp. SEC filings. Investing in microcap securities such as SAGA Metals Corp. is speculative and carries a high degree of risk. Past performance does not guarantee future results. This advertisement is based exclusively on information generally available to the public and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, Hawk Point Media Group, Llc. cannot guarantee the accuracy or completeness of the information and are not responsible for any errors or omissions. This advertisement contains forward-looking statements, including statements regarding expected continual growth of SAGA Metals Corp. and/or its industry. Hawk Point Media Group, Llc. note that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect SAGA Metals Corp. actual results of operations. Factors that could cause actual results to vary include the size and growth of the market for SAGA Metals Corp. products and/or services, the company's ability to fund its capital requirements in the near term and long term, federal and state regulatory issues, pricing pressures, etc. All trademarks used in this advertisement are the property of their respective trademark holders and no endorsement by such owners of the contents of this advertisement is made or implied. Hawk Point Media Group, Llc. are not affiliated, connected, or associated with, and are not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made to any rights in any third-party trademarks.
Yahoo
a day ago
- Business
- Yahoo
Benz Announces Results of Special Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (Benz or the Company) is pleased to announce the results of voting at its Special Shareholder Meeting held on Friday, June 27, 2025, at 10am (AWST) in Perth, Australia (the Meeting). All matters submitted to shareholders for approval as set out in the Company's Notice of Special Meeting of Shareholders and Information Circular dated May 27, 2025, were approved by the requisite majority of votes cast at the Meeting. A total of 57,921,197 common shares were voted at the Meeting, representing approximately 22.92% of the total issued and outstanding common shares of the Company as of the record date of the Meeting. As required under ASX Listing Rule 3.13.2, we advise details of resolutions and the proxies as set out at Appendix 1. This announcement has been approved for release by the Company Secretary. For more information please contact: Mark Lynch-StauntonChief Executive OfficerBenz Mining Corp.E: mstaunton@ +61 8 6143 6702 About Benz Mining Corp. Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) is a pure-play gold exploration company dual-listed on the TSX Venture Exchange and Australian Securities Exchange. The Company owns the Eastmain Gold Project in Quebec, and the recently acquired Glenburgh and Mt Egerton Gold Projects in Western Australia. Benz's key point of difference lies in its team's deep geological expertise and the use of advanced geological techniques, particularly in high-metamorphic terrane exploration. The Company aims to rapidly grow its global resource base and solidify its position as a leading gold explorer across two of the world's most prolific gold regions. The Glenburgh Gold Project features a Mineral Resource Estimate of 16.3Mt at 1.0 g/t Au (510,100 ounces of contained gold)1. The Eastmain Gold Project in Quebec hosts a Mineral Resource Estimate of 1,005,000 ounces at 6.1g/t Au2 showcasing Benz's focus on high-grade, high-margin assets in premier mining jurisdictions. To view an enhanced version of this graphic, please visit: For more information, please visit: Qualified Person's Statement (NI 43-101) The disclosure of scientific or technical information in this news release is based on, and fairly represents, information compiled by Dr Marat Abzalov. Dr Abzalov, who is a Qualified Person as defined by NI 43-101, and member in good standing as a Fellow of The Australasian Institute of Mining and Metallurgy (#202718). Dr Abzalov has reviewed and approved the technical information in this news release. Dr Abzalov owns shares in Benz Mining Corp. Historical Mineral Resource Estimates All mineral resource estimates in respect of the Glenburgh Project in this news release are considered to be "historical estimates" as defined under NI 43-101- Standards of Disclosure for Mineral Projects (NI 43-101). These historical estimates are not considered to be current and are not being treated as such. These estimates have been prepared in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (JORC Code) and have not been reported in accordance with NI 43-101. A qualified person (as defined in NI 43-101) (Qualified Person) has not done sufficient work to classify the historical estimates as current mineral resources. A Qualified Person would need to review and verify the scientific information and conduct an analysis and reconciliation of historical data in order to verify the historical estimates as current mineral resources. Forward-Looking Statements Certain statements contained in this news release may constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward looking information is based on plans, expectations, and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change because of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law. 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 ACCURACY OR ADEQUACY OF THIS RELEASE. Resolution Resolution Result Voting Method Number of votes cast in Meeting Instructions given to validly appointed proxies For Against Withheld/ Abstained For Against Withheld/ Abstained Discretion 1(a). Ratification of Prior Issue of 6,589,939 Tranche 1 Placement CDI's under LR 7.1 Passed Poll 56,213,17298.01% 22,0000.04% 1,120,3351.95% 56,213,17298.01% 22,0000.04% 1,120,3351.95% - 1(b). Ratification of Prior Issue of 22,132,061 Tranche 1 Placement CDI's under LR 7.1A Passed Poll 57,303,17299.91% 22,0000.04% 30,3350.05% 57,303,17299.91% 22,0000.04% 30,3350.05% - 2. Approval of Issue of Tranche 2 Placement CDIs to Spartan Passed Poll 57,868,86299.91% 22,0000.04% 30,3350.05% 57,868,86299.91% 22,0000.04% 30,3350.05% - Appendix 1: The following information is provided in accordance with ASX Listing Rule 3.13.2 and shows the number of proxy votes received prior to the Meeting. The Company notes no additional votes were cast directly in the Meeting. 1 Indicated: 13.5Mt at 1.0g/t Au for 430.7koz; Inferred: 2.8Mt at 0.9g/t Au for 79.4koz. See Historical Mineral Resource Estimates, below2 Indicated: 1.3Mt at 9.0g/t Au for 384koz; Inferred: 3.8Mt at 5.1g/t Au for 621koz. To view the source version of this press release, please visit
The Australian
a day ago
- Business
- The Australian
UVA unveils high-grade gold at Waitekauri
Uvre fields strong assays from reconnaissance rock chip sampling at its flagship Waitekauri gold project Rock chips include abundant visible gold with assays of up to 18.4g/t Au Waitekauri is located 8km west of OceanaGold Corporation's Waihi gold mine (10Moz) An eight-hole drill program is planned to take place in the September quarter once the Otagold acquisition is complete Special report: Rock chip sampling at the brownfields Waitekauri gold project, which Uvre is in the process of acquiring, has shown grades as high as 18.4g/t gold, clearing the way for the company's first drilling program in New Zealand. Waitekauri is the flagship asset currently being acquired by Uvre (ASX:UVA) as part of its transaction with Norm Seckold's Otagold in May, which includes three exploration permits, one prospecting permit and one prospecting permit application in New Zealand's North and South Islands. Recent sampling work has confirmed the presence of high-grade gold mineralisation at Waitekauri, with some samples containing abundant visible gold in greyish porous blebs enclosed in massive white epithermal quartz. Waitekauri is located 8km west of OceanaGold Corporation's Waihi gold mine (10Moz) and sits in the centre of a mineralised corridor hosting three other +1Moz Au deposits. South of the Scotia prospect at Waitekauri, early field mapping revealed a much broader area of post-mineral welded ignimbrite than previously recognised, something earlier explorers hadn't fully understood. UVA says it may cover potential southern extensions of the mineralised system, thereby preventing detection of the system in soil geochemistry surveys. Rock chips at the Oturehua goldfield on the South Island also returned promising assays of up to 9.3g/t gold. A map of the projects on New Zealand's North and South islands. Pic: UVA Drilling to start in September quarter UVA executive chairman Brett Mitchell said the company has known from historical mining and exploration that Waitekauri hosts high-grade mineralisation. 'These rock chips assays confirm the project's excellent potential and set us up for our first drilling program there,' Mitchell said. 'We will now assess the results and devise our maiden drilling program with the aim of drill testing our priority exploration targets at Waitekauri in the September quarter.' Background on Waitekauri Waitekauri sits near the historical Golden Cross and Karangahake mines, along the trend of a recent +2 Moz discovery at WKP by OceanaGold. It displays the hallmarks of a major goldfield in a region with a compelling mineral resource endowment and a 18km mineralised corridor hosting multiple targets and historical workings, as well as three main prospects for exploration – Scotia, Sovereign and Jubilee. Waitekauri also lies adjacent to three other gold deposits, each more than 1Moz, and has historically produced gold and silver at an average grade of 48g/t Au+Ag. What's next? An eight-hole drill program has been designed to explore several of the prospects within the Waitekauri project area and test for geological and structural similarities to the 10Moz Waihi gold mine, 8km to the west. UVA is aiming to zero in on bonanza-style gold-silver low sulphidation veins, with the goal of uncovering a multi-million-ounce resource. The program will get underway after the acquisition goes through, which is up for approval by Uvre shareholders at today's meeting. This article was developed in collaboration with Uvre, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
