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Peter Cain resigns from Canberra Liberals shadow cabinet over concerns about leadership
Peter Cain resigns from Canberra Liberals shadow cabinet over concerns about leadership

ABC News

time12 hours ago

  • Politics
  • ABC News

Peter Cain resigns from Canberra Liberals shadow cabinet over concerns about leadership

Canberra Liberals MLA Peter Cain has resigned from the shadow cabinet, citing concerns about the party's leadership. In a statement, Mr Cain said his resignation was "effective immediately". "This decision follows ongoing concerns regarding the direction of the current leadership team and the processes through which key decisions have been made," he said. Mr Cain was first elected to the Legislative Assembly in 2020 and represents the electorate of Ginninderra. He has most recently held the shadow ministries of attorney-general, planning and environment and housing services. Soon after the 2024 ACT election, Leanne Castley was named leader of the party, replacing Elizabeth Lee, and Jeremy Hanson was elected as her deputy. In the statement, Mr Cain said the decision to resign was not one he had "taken lightly". "I believe I can best serve the Canberra community and the people of Ginninderra from the backbench." He also alluded to issues around workplace culture being among the reasons for his resignation. "I also have a duty of care to my hardworking staff, who deserve to work in a safe, supportive, and respectful environment," he said. He said he would remain on the backbench as a member of the party and "continue to work hard, speak up and advocate for policies that reflect the best of what a Liberal philosophy has to offer". "I am proud of the work I have done and the advocacy I have led across the portfolios I have held, always with a focus on delivering better outcomes for Canberrans," he said. "I remain available to engage with anyone to advance the best interests of Belconnen and the ACT." Leanne Castley and the Canberra Liberals have been approached for comment.

Auric Minerals Announces Completion of Phase 1 Exploration on the Bub Property in Central Mineral Belt, Labrador
Auric Minerals Announces Completion of Phase 1 Exploration on the Bub Property in Central Mineral Belt, Labrador

Yahoo

time30-05-2025

  • Business
  • Yahoo

Auric Minerals Announces Completion of Phase 1 Exploration on the Bub Property in Central Mineral Belt, Labrador

Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Auric Minerals Corp. (CSE: AUMC) ("Auric" or the "Company") is pleased to report the successful completion of Phase 1 fieldwork at its Bub Uranium Property ("Bub" or the "Property") in Labrador's Central Mineral Belt ("CMB"). In spring 2025, a four-person geological team collected 60 lake-bottom sediment samples and 9 rock samples over four field days operating out of Goose Bay, Labrador. Chris Huggins, CEO, commented: "Completing this first-pass geochemical program so early in the field season gives us a robust foundation for the year ahead. Analytical results expected in the coming weeks will guide tighter follow-up work and help vector us toward high-priority drill targets. We are excited to share the analytical results with shareholders and to keep building momentum at Bub." Phase 1 Sampling Highlights 60 lake bottom sediment samples systematically collected across high-priority radiometric anomalies and structural trends. 9 rock samples taken from exposed outcrop coincident with geophysical and geochemical targets. Program executed safely and on schedule by a crew of four using a chartered helicopter based in Happy Valley-Goose Bay, Labrador. Analytical results are expected in the coming weeks; the Company will report findings once received and interpreted. The Phase 1 sampling described above directly tests these radiometric and structural targets and will refine Auric's understanding of uranium dispersion across the Property. About the Bub Property Location: 55 km southwest of Postville, NL and 200 km northeast of Auric's Route 500 Project. Geology: Situated in the southern CMB along regional structures hosting deposits such as Michelin, Mustang and Jacques Lake. Targeting Rationale: Radiometric anomalies correlate with anomalous uranium in historical lake-sediment data within a northeast-trending, structurally controlled corridor. To view an enhanced version of this graphic, please visit: Next Steps Upon receipt of assay results, Auric plans to: Integrate new geochemical data with existing geophysical models. Define follow-up ground mapping, prospecting and detailed sampling grids for summer 2025. Finalize drill target selection for a planned inaugural drill campaign at Bub. Qualified Person Statement The technical information in this news release has been reviewed and approved by Jeremy Hanson, a Qualified Person as defined by National Instrument 43-101. About the Company Auric is a mineral exploration company based in Oakville, Ontario and holds options over the Route 500, Bub and Portage Uranium properties in Labrador, Manic, Kawip and Kaboose properties in Quebec, and the Goodeye property in British Columbia, Canada. Note: Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the Company's properties. AURIC MINERALS CORP. Chris Huggins, Director, and CEO For more information, please call Chris Huggins at (604) 968-4844 or email chris@ Forward-Looking Statements Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about the Company's intentions, plans and future actions described herein and the terms thereon. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. To view the source version of this press release, please visit 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

Grid Battery Awards Contract for 2025 Exploration Program on its Copper-Gold Property to Hardline Exploration
Grid Battery Awards Contract for 2025 Exploration Program on its Copper-Gold Property to Hardline Exploration

Yahoo

time20-05-2025

  • Business
  • Yahoo

Grid Battery Awards Contract for 2025 Exploration Program on its Copper-Gold Property to Hardline Exploration

COQUITLAM, BC / / May 20, 2025 / Grid Battery Metals Inc. (the "Company" or "Grid") (TSXV:CELL)(OTCQB:EVKRF)(FRA:NMK2) is pleased to announce that an exploration program has been awarded to Hardline Exploration Founded in 2014, Hardline, an experienced mining contractor based out of Smithers, BC, is a leading geological consulting firm operating in western Canada. Hardline works directly with local contractors and First Nations to ensure their projects receives the most efficient & dedicated exploration services available. They specialize in executing programs on complex exploration projects to generate new discoveries and have a proven track record of successful projects incorporating highly skilled geologists and team members with vast experience across Canada on a variety of deposit types. Please refer to the Technical Report for Grid BC Copper-Gold Project, dated January 24, 2025 prepared by Jeremy Hanson, (filed on SEDAR+ and our website). About the Copper-Gold PropertyThe Company acquired a 100% interest in 17 mineral claims comprising 27,525 hectares (approximately 275 km2) located in North Central British Columbia. The region is host to numerous operating mines, good infrastructure including experienced exploration and supporting services. Prominent among early discoveries in the Omineca region include the nearby Lustdust/Stardust Copper - Gold deposit; the Kwanika Copper - Gold deposit and the Lorraine Copper deposit (all of which are owned by (NorthWest Copper Corp. (TSXV:NWST). The Company's claims are also located between Centerra Gold Inc.'s (TSX:CG)(NYSE:CGAU) prominent Copper/Gold assets, the Kemess North project and the operating Mount Milligan mine, which has produced over 1.8 million ounces of gold and 742 million pounds of copper (Technical Report on the Mount Milligan Mine, November 7, 2022, Borntrager. B, et al.). B.C. Minfile assessment report data indicates that most of the area covered by the Copper Property was at one time or another covered by staking during surges of exploration in B.C. dating from the 1940's to present day. Largely the claims appear to have been minimally explored with little follow-up. However, some work was recorded on several claims with results for stream sediment sampling showing anomalous to highly anomalous results for gold in a few areas. These areas were recommended for detailed follow-up, however due to a downturn no further work was recorded The Omineca Group claim areas are within the northern Quesnel Trough underlain by Cache Creek Terrane and lies close to the Pinchi Fault. The Quesnel Trough hosts numerous porphyry copper-gold deposits. The Pinchi Fault can be traced for 600 km through north-central B.C and separates Cache Creek rocks from the Jurassic Hogem Batholith and Triassic-Jurassic Takla rocks to the west. Rocks have a north-northwest strike trend typical of the entire Intermontane Belt in which the Cache Creek Terrane lies (Gabrielse and Yorath, 1992). A wide range of Jurassic to Tertiary intrusions cuts the Cache Creek Assemblage and many of these are emplaced along the prominent NW-trending structures and stratigraphic breaks. Numerous mercury occurrences are present along the length of the Pinchi fault (Albino, 1987) and a few gold and base metal occurrences are present near the Pinchi fault including the Lustdust, Lorraine, Indata and Axelgold properties. There are at least two alkalic gold-copper Porphyry systems in the immediate Lustdust (now known as Stardust) area: J49 and Axel Properties (Schiarrizza, 2000). 2025 Exploration Program|Mr. Tim Fernback, President & CEO comments "We're excited that we have acquired approximately 275 km2 of tenures in such a favourable mining region within British Columbia, Canada. This area of the Province has already generated several promising projects, and our land package is strategically situated to exploit the high copper-gold values of the region. NorthWest Copper Corp. (TSXV:NWST) on the nearby Kwanika project intercepted 400 metres of 1.01 % Copper equivalent (News Release: January 16, 2023 Northwest Copper Corp). British Columbia is a mining-friendly jurisdiction with reasonable processes, good infrastructure and potential First Nation partners." Mr. Fernback continues "For 2025, we propose to carry out a preliminary exploration program on two of the five claim blocks recently acquired as part of our Exploration Phase 1. Here a large assaying, trenching, sampling and geophysics program is planned for the Jupiter and Starlight claim blocks. We are planning this work during the summer exploration season and expect to have assay results by the fall with next exploration steps identified on the various claim blocks shortly thereafter." Qualified PersonJeremy Hanson, an independent qualified person as defined under National Instrument 43-101 has reviewed and approved the technical content in this news release. About Grid Battery Metals Inc. Battery Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market. About Texas Springs PropertyThe Company owns a 100% interest in the Texas Spring Property which consists of mineral lode claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot, Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in volcanic tuff and tuffaceous sediments of the Humbolt Formation. A Phase 1 exploration program at the Texas Springs Property (Fall 2023) yielded average lithium grades of 2010 ppm, applying a 1,000 ppm cut-off, and up to 5,610 ppm Lithium. The Texas Spring property adjoins the southern border of the Nevada North Lithium Project - owned by Surge Battery Metals Inc. ("Surge") (TSXV:NILI)(OTC:NILIF) and comprised of 725 mineral claims. Surge's first round of drilling identified strongly mineralized lithium bearing clays. The average lithium content within all near surface clay zones intersected in the 2022 drilling program, applying a 1000 ppm cut-off, was 3254 ppm. (Press release March 29, 2023). More recent results have shown higher grade lithium up to 8070 ppm on this property after initial drilling (Press release September 12, 2023). Our exploration results are on-trend with these results. About Clayton Valley Lithium ProjectThe Company owns a 100% interest in 113 lithium lode and placer claims covering over 930 hectares in Clayton Valley. Clayton Valley is a down-dropped closed basin formed by the Miocene age Great Basin extension and is still active due to movement along the Walker Lane structural zone. As a result, the basin has preserved multiple layers of lithium bearing volcanic ash, resulting from multiple eruptive events over the past 6 million years including eruptions from the 700,000-year-old Long Valley Caldera system and related events. These ash layers are thought to contribute to the lithium brines extracted by Albemarle and are also likely involved in the formation of the exposed lithium rich clay deposits on the east side of Clayton Valley. About the Volt Canyon Lithium PropertyThe Company owns a 100% interest in 80 placer claims covering approximately 635 hectares of alluvial sediments and clays located 122 km northeast of Tonopah, Nevada. About the British Columbia Copper-Gold ProjectThe Company acquired a 100% interest in 17 mineral claims comprising 27,525 hectares (approximately 275 km2) located in North Central British Columbia. The region is host to numerous operating mines, good infrastructure including experienced exploration and supporting services. Prominent among early discoveries in the Omineca region include the nearby Lustdust/Stardust Copper - Gold deposit; the Kwanika Copper - Gold deposit and the Lorraine Copper deposit (all of which are owned by (NorthWest Copper Corp. (TSXV:NWST). The Company's claims are also located between Centerra Gold Inc.'s (TSX:CG)(NYSE:CGAU) prominent Copper/Gold assets, the Kemess North project and the operating Mount Milligan mine, which has produced over 1.8 million ounces of gold and 742 million pounds of copper (Technical Report on the Mount Milligan Mine, November 7, 2022, Borntrager. B, et al.). On Behalf of the Board of Directors "Tim Fernback"Tim Fernback, President & CEO Contact Information:Email: info@ 604- 428-5690 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. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. It should be noted that results from any adjacent property(s) are not an indication of what may be found on the Company's property(s). SOURCE: Grid Battery Metals Inc. 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