Latest news with #StingCopperProject


Hamilton Spectator
28-07-2025
- Business
- Hamilton Spectator
Aventis Energy Announces Intent to Complete NI 43-101 Technical Report on the Sting Copper Project
Sting Project Highlights including 2024 Drilling Program (see company news release January 14, 2025): VANCOUVER, British Columbia, July 28, 2025 (GLOBE NEWSWIRE) — Aventis Energy ('Aventis' or the 'Company') (CSE:AVE | FRA:C0O0 | OTC: VBAMF) is pleased to announce that it has contracted Dahrouge Geological Consulting Ltd. ('Dahrouge') to complete a Technical Report (the 'Report') in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects on the Sting Copper Project ('Sting' or the 'Project') located in western Newfoundland, Canada. Dahrouge and its predecessor, Halferdahl and Associates Ltd., have advised and assisted clients in identifying, exploring, and developing mineral projects since 1971. Dahrouge's team of geologists and dedicated support staff continue to build a fifty-year legacy, handling projects of all scopes from grassroots exploration, to resource delineation, to prefeasibility and feasibility level studies and are currently recognized worldwide for their expertise in the exploration and discovery of 'critical' elements. Mandeep Parmar, Interim Chief Executive Officer & Director of the Company, commented, 'Our intention to complete a 43-101 Technical Report on the Sting Project represents a key inflection point in our Company's growth. We are confident that after the completion of the Report, guided by the expertise of Dahrouge, that we will be able to drive further advancement at Sting by way of future exploration and drilling programs.' The purpose of the Report is to provide a comprehensive update on the Project including all available historical data that the Company has gathered, in addition to strong copper grades retrieved from the fall 2024 drill program. The Report will offer valuable insights by compiling existing data, previous work, and new technology to better guide future programs. Figure 1: Sting Copper Project 2024 drilling results overview. Chargeability results at 100m depth. Qualified Person Statement The scientific and technical information contained in this news release has been reviewed, verified, and approved by Alexander Timofeev, Ph.D., of Dahrouge Geological Consulting, who is a registered in Quebec and Newfoundland, Canada and a 'qualified person' as defined in NI 43-101 – Standards of Disclosure in Mineral Projects. Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company's future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization. References *All assessment file data referenced above can be sourced at the following Newfoundland and Labrador web link: , 1 Hatch, 1922, (Assessment File 012G/08/0002) 2 Dean, 1980, (Assessment File 012G/08/0075) 3 Dean, 1977, (Assessment File 012G/08/0069) About Aventis Energy Inc. Aventis Energy Inc. (CSE: AVE | FRA: C0O0 | OTC: VBAMF) is a mineral exploration company dedicated to the development of strategic projects comprised of battery, base and precious metals in stable jurisdictions. The Company is working to advance its Corvo Uranium & Sting Copper Project. The Corvo Uranium property has historical drill holes intersected multiple intervals of uranium mineralization, notably along a strike length of 800 metres between historical drill holes TL-79-3 (0.116% U 3 O 8 over 1.05 m) and TL-79-5 (0.065% U 3 O 8 over 0.15 m) 2 . High-grade* Uranium at Surface with the Manhattan showing (1.19 to 5.98% U 3 O 8 ) and SMDI showing 2052 (0.137% U 3 O 8 and 2,300 ppm Th). The Sting Copper Project covers approximately 3,700 hectares and recently had results of 54.8m at 0.32% Cu starting at a depth of 27.0m in 2024 drill hole VB24-001, with higher-grade intervals including six samples (≥0.5m length) ranging from 0.96% to 5.43% Cu. High grade samples of 0.5m at 2.85% Cu and 0.5m at 1.92% Cu with an additional broader interval of 31.1m at 0.27% Cu were found in VB24-003. On Behalf of the Board of Directors Mandeep Parmar Interim Chief Executive Officer, Director +1 (604) 229-9772 info@ Disclaimer for Forward-Looking Information This news release includes certain 'Forward-Looking Statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and 'forward-looking information' under applicable Canadian securities laws. When used in this news release, the words 'anticipate', 'believe', 'estimate', expect', 'target', 'plan', 'forecast', 'may', 'would', 'could', 'schedule' and similar words or expressions, identify forward-looking statements or information. Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Aventis, future growth potential for Aventis and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of uranium, copper, gold and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Aventis' ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms. This news release contains 'forward-looking information' within the meaning of the Canadian securities laws. Statements, other than statements of historical fact, may constitute forward looking information and include, without limitation, statements with respect to the Project and its mineralization potential; the Company's objectives, goals, or future plans with respect to the Project; statements with respect to the Program; completion of the Report; expected benefits of the Report; and the Company's anticipated exploration program at the Project. With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions regarding, among other things, the geological, metallurgical, engineering, financial and economic advice that the Company has received is reliable and are based upon practices and methodologies which are consistent with industry standards. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of well results and the geology, continuity and grade of uranium, copper, gold and other metal deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies 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 or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; increased costs and restrictions on operations due to compliance with environmental and other requirements; increased costs affecting the metals industry and increased competition in the metals industry for properties, qualified personnel, and management. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law. The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release. A photo accompanying this announcement is available at


Hamilton Spectator
02-05-2025
- Business
- Hamilton Spectator
Vital Battery Metals Announces Name Change to Aventis Energy
VANCOUVER, British Columbia, May 02, 2025 (GLOBE NEWSWIRE) — Vital Battery Metals Inc. ('Vital' or the 'Company') (CSE: VBAM | OTC: VBAMF | FRA: C0O), is pleased to announce that the Company's Board of Directors have approved a name change to 'Aventis Energy Inc.' The Company's trading symbol on the Canadian Securities Exchange ('CSE') shall concurrently change to 'AVE'. No action is required to be taken by shareholders with respect to the name change. Outstanding share and warrant certificates are not affected by the name change and do not need to be exchanged. The Company will issue a further news release announcing the effective date in which the Company will commence trading under the new name, trading symbol and CUSIP number. The name change remains subject to CSE approval. About Vital Battery Metals Inc. Vital Battery Metals Inc. (CSE: VBAM |OTC: VBAMF | FRA: C0O) is a mineral exploration company dedicated to the development of strategic projects comprised of battery, base and precious metals in stable jurisdictions. The Company is working to advance its Sting Copper Project. The Sting Copper Project covers approximately 12,700 hectares and hosts multiple historic Newfoundland and Labrador Government documented mineral occurrences and is located within a 50 km corridor known for significant volcanogenic massive sulfide (VMS), copper quartz vein lode and low sulphation epithermal gold showings. For more information, visit . On Behalf of the Board of Directors Mandeep Parmar Interim Chief Executive Officer, Director +1 (604) 229-9772 info@ Disclaimer for Forward-Looking Information This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance are 'forward-looking statements'. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.
Yahoo
31-03-2025
- Business
- Yahoo
Vital Battery Metals Announces Management Changes
VANCOUVER, British Columbia, March 31, 2025 (GLOBE NEWSWIRE) -- Vital Battery Metals Inc. ('Vital' or the 'Company') (CSE: VBAM | OTC: VBAMF | FRA: C0O), announces that Adrian Lamoureux, effective March 31, 2025, has resigned from his position as Chief Executive Officer & Director of the Company. Mandeep Parmar, who currently serves as a member of the Company's Board of Directors (the 'Board'), has been appointed as Chief Executive Officer of the Company on an interim basis and will assume all related duties. Mr. Parmar has served the Company in his position as Director since inception and will focus on driving value by advancing the Company's flagship assets. The Company continues to be committed to managing the risk(s) of operating in the current capital market environment while demonstrating the resiliency of its Board and management team to make difficult decisions to protect and manage the best interest of shareholders. The Board will regularly review its management structure and make adjustments as necessary in the future. The Company will provide an update when a permanent Chief Executive Officer has been appointed. Mr. Parmar has over a decade of public markets experience, with a focus on finance and capital raising, investor relations, and corporate development. He has assisted numerous public companies listed both in Canada and in the international markets, boasting a strong understanding of corporate structure and formation, financing and business development. Mr. Parmar has worked with many small-cap companies to assist in fundraising, structuring and the implementation of asset development programs to generate and build value. His experience spans different sectors such as mining, oil and gas, technology and healthcare sectors. Mr. Parmar also currently serves as a director of Greenridge Exploration Inc. Mandeep Parmar, Interim Chief Executive Officer, commented, 'On behalf of the Vital team, I sincerely thank Mr. Lamoureux for his dedication and contributions during his tenure as CEO. We appreciate his leadership and wish him success in his future endeavors. As I step into the role of interim CEO, I am eager to position the Company for long term growth.' About Vital Battery Metals Inc. Vital Battery Metals Inc. (CSE: VBAM |OTC: VBAMF | FRA: C0O) is a mineral exploration company dedicated to the development of strategic projects comprised of battery, base and precious metals in stable jurisdictions. The Company is working to advance its Sting Copper Project. The Sting Copper Project covers approximately 12,700 hectares and hosts multiple historic Newfoundland and Labrador Government documented mineral occurrences and is located within a 50 km corridor known for significant volcanogenic massive sulfide (VMS), copper quartz vein lode and low sulphation epithermal gold showings. Vital continues to evaluate value-add assets to bolster its project portfolio. For more information, visit On Behalf of the Board of Directors Mandeep ParmarInterim Chief Executive Officer, Director+1 (604) 229-9772info@ Disclaimer for Forward-Looking Information This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the Project acquisition bringing a low-risk opportunity, the Company building a strong battery metals portfolio with low-risk opportunities that positively impact the Company and its shareholders and the Company providing an initial work plan are "forward-looking statements". Forward-looking statements in this news release include, but are not limited to, statements with respect to future changes to the Company's management structure. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this in to access your portfolio