Latest news with #TSXV
Associated Press
3 hours ago
- Business
- Associated Press
Taranis Initiates Drilling the Intrusive Target at Thor and Announces Granting of Incentive Stock Options
ESTES PARK, CO / ACCESS Newswire / July 15, 2025 / Taranis Resources Inc. ('Taranis' or the 'Company') (TSXV:TRO)(OTCQB:TNREF) is providing an update on exploration activities at Thor. All of the 2025 exploration drilling is being directed in an area southeast of the Thor epithermal deposit and is aimed at discovery of an intrusive body. Recent Investigations of the Intrusive Target In 2024 Taranis completed deep exploration holes from the top of Broadview Mountain targeting two airborne geophysical anomalies. This area is 1km southeast of the Broadview Mine and despite the lack of historic mines in this area, recent exploration work has shown it to have extensive propylitic alteration characteristic of the outer margins of a porphyry-type environment. This alteration forms two concentric dyke-like bodies (I-2 east and west) that encapsulate a deeply buried central resistivity anomaly (I-1). The I-2 features are the youngest geological units at Thor and cut the Thor epithermal deposit at depth. Both I-2, the epithermal deposit, and I-1 are undeformed late-stage features superimposed on the highly-folded host rocks that are part of the Silver Cup Anticline. The mineralogy of I-2 is primarily albite, garnet, amphibole, chlorite, quartz and magnetite. The intrusive target at Thorhas two parts associated with it, an upper elongate portion referred to as Z-900/1300 that occurs between 900 and 1300m ASL, and a deeper circular resistive feature called I-1 that is found below 900m ASL to at least 0m ASL. The composite resistivity anomaly presence is manifested at surface however, the most obvious being a large hill overlying the hard and resistive rocks associated with the composite resistivity feature. Other important exploration criteria include the bracketing of the feature by widespread propylitic alteration, and the presence of mineralogy characteristic of contact-related alteration including albite, ludwigite and hornfels. Geochemical Gold, Arsenic and Zinc Associated with I-1 and Tungsten Tin Enrichment In 2024, Taranis was able to identify wide zones (up to 53m) of geochemical gold, arsenic and zinc mineralization beneath I-2, and west of the I-1 resistivity anomaly in drill holes Thor-246, Thor-247and Thor-248 (Taranis News Release dated February 25th, 2025). As neither the Z-900/1300 nor I-1 resistivity anomaly was intersected in this drilling, the main intrusive target at Thor remains untested and is the focus of the 2025 exploration drilling. Geochemical levels of gold, arsenic and zinc occur in a phyllic alteration zone, characterized by the presence of muscovite (fuchsite), carbonate, albite and quartz. These rocks are fine-grained, non-foliated and are interpreted to be distal edges of a sodic-calcic intrusive body (I-1). Quantitative alteration studies (Gresen method) show that the rocks have had mass addition of tin and tungsten, and this would be consistent with intrusive-related hydrothermal alteration. Drilling from the main access road at Thor will allow Taranis to fully evaluate the I-1 and Z-900-1300 target this summer. Granting of Incentive Stock Options Taranis also announces that it has granted incentive stock options to its Directors and Officers, entitling them to purchase up to a total of 2,000,000 shares at a price of $0.26 per share for a period of five years. Qualified Person Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is the principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256. Mr. Gardiner is the President and CEO of Taranis Resources inc. and has reviewed and approved the comments contained within this News Release. Taranis currently has 100,348,794 shares issued and outstanding (113,827,227 shares on a fully-diluted basis). TARANIS RESOURCES INC. Per: John J. Gardiner (P. Geo.), President and CEO For further information contact: John J. Gardiner 681 Conifer Lane Estes Park, Colorado 80517 Phone: (303) 716-5922 Cell: (720) 209-3049 [email protected] 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 NEWS RELEASE. This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results. SOURCE: Taranis Resources, Inc. press release
Business Upturn
6 hours ago
- Business
- Business Upturn
Trident Resources Announces Disposition of Lincoln Gold Mining Inc. Shares
By GlobeNewswire Published on July 16, 2025, 02:00 IST Vancouver, BC, July 15, 2025 (GLOBE NEWSWIRE) — Trident Resources Corp. (TSX-V: ROCK ) (OTCQB: TRDTF ) ('Trident' or the 'Company') announces the disposition of securities of Lincoln Gold Mining Inc. ('Lincoln') (TSXV: LMG) on the TSX Venture Exchange. On July 14, 2025 and July 15, 2025, Trident disposed of 4,500,000 common shares (the 'Subject Shares') of Lincoln. The Subject Shares represented approximately 19.9% of all issued and outstanding common shares of Lincoln as of July 15, 2025 (22,559,831 per Lincoln's MD&A dated May 30, 2025), immediately following the transaction described above, resulting in a corresponding decrease in the percentage of shares held by Trident as a result of the transaction. Immediately before the transaction described above, Trident held 4,500,000 common shares of Lincoln (the 'Pre-Shares'), representing approximately 19.9% of the issued and outstanding common shares of Lincoln. Immediately following the transaction described above, Trident held 0 common shares of Lincoln (the 'Post-Shares'), representing approximately 0% of the issued and outstanding common shares of Lincoln. The Subject Shares were sold at a price of $0.20 per Subject Share, for an aggregate consideration of $900,000. The holdings of securities of Lincoln by Trident are managed for investment purposes. Trident may from time to time acquire additional securities of Lincoln, dispose of some or all of the existing or additional securities they hold or will hold, or may continue to hold their current positions. A copy of the applicable securities report filed in connection with the matters set forth above may be obtained on SEDAR+ under the profiles of the Company and Lincoln. About Trident Resources Corp.: Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition, exploration and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The Company is advancing its 100% owned Contact Lake and Greywacke Lake projects which host significant historical gold resources located within the prospective and underexplored La Ronge Gold Belt, as well as the 100% owned Knife Lake copper project which contains a historical copper resource. Trident's Project Portfolio Map: To find out more about Trident Resources Corp. (TSX-V: ROCK), visit the Company's website at Trident Resources Corp. Jonathan Wiesblatt, Chief Executive Officer Email: [email protected] For further information contact myself or: Andrew J. Ramcharan, PhD, Corporate Communications Trident Resources 647-309-5130Toll Free: 800-567-8181Facsimile: 604-687-3119 Email: [email protected] NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. Forward-Looking Information and Statements This release includes certain statements that may be deemed to be 'forward-looking statements'. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at for further information. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
6 hours ago
- Business
- Yahoo
First Andes Silver Increases Private Placement to $1,350,000 CAD
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLV) (FSE: 9TZ0) (the "Company" or "First Andes") today announced that is has increased its previously announced non-brokered private placement financing from 10,000,000 units ("Units") at a price of $0.10 CAD per unit for gross proceeds of $1,000,000 CAD to 13,500,000 Units at $0.10 CAD per Unit for gross proceeds of up to $1,350,000 CAD (the "Offering"). Each Unit will continue to consist of one common share of the Company (a "Share") and one-half of one share purchase warrant (each whole share purchase warrant, a "Warrant"). Each Warrant will be exercisable at $0.15 CAD per Share for a period of two (2) years from the date of issue. The securities issued under the Offering will be subject to restrictions on resale for a period of four (4) months from the date of issue. The Company may pay finders a fee in cash and/or share purchase warrants to registered finders. The proceeds of the Offering will be used to expand on its current drill program at the Santas Gloria silver property and general working capital purposes. About First Andes Silver Ltd. First Andes Silver Ltd. is a British Columbia company that holds a 100% interest in the high-grade Santas Gloria silver property, located in a major mining district 55 km east of Lima, Peru. Santas Gloria has excellent established road access and is situated within a well-known intermediate sulfidation epithermal belt, and hosts over 12 km of multiphase veins mapped at surface, which had never been historically drilled or explored by modern techniques before 2024. First Andes' maiden diamond drill program last year reported high-grade silver on all drilled vein systems confirming silver endowment and warranting high priority follow-up drilling in 2025. For more information, please contact: Colin Smith, CEO and DirectorPhone: 604 806-0626 (ext. 108)E-mail: info@ Forward-Looking Statements Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to Company's limited operating history, ability to obtain sufficient financing to carry out its exploration programs and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 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
Globe and Mail
7 hours ago
- Business
- Globe and Mail
First Andes Silver Increases Private Placement to $1,350,000 CAD
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLV) (FSE: 9TZ0) (the "Company" or "First Andes") today announced that is has increased its previously announced non-brokered private placement financing from 10,000,000 units ("Units") at a price of $0.10 CAD per unit for gross proceeds of $1,000,000 CAD to 13,500,000 Units at $0.10 CAD per Unit for gross proceeds of up to $1,350,000 CAD (the "Offering"). Each Unit will continue to consist of one common share of the Company (a "Share") and one-half of one share purchase warrant (each whole share purchase warrant, a "Warrant"). Each Warrant will be exercisable at $0.15 CAD per Share for a period of two (2) years from the date of issue. The securities issued under the Offering will be subject to restrictions on resale for a period of four (4) months from the date of issue. The Company may pay finders a fee in cash and/or share purchase warrants to registered finders. The proceeds of the Offering will be used to expand on its current drill program at the Santas Gloria silver property and general working capital purposes. About First Andes Silver Ltd. First Andes Silver Ltd. is a British Columbia company that holds a 100% interest in the high-grade Santas Gloria silver property, located in a major mining district 55 km east of Lima, Peru. Santas Gloria has excellent established road access and is situated within a well-known intermediate sulfidation epithermal belt, and hosts over 12 km of multiphase veins mapped at surface, which had never been historically drilled or explored by modern techniques before 2024. First Andes' maiden diamond drill program last year reported high-grade silver on all drilled vein systems confirming silver endowment and warranting high priority follow-up drilling in 2025. Forward-Looking Statements Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to Company's limited operating history, ability to obtain sufficient financing to carry out its exploration programs and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Globe and Mail
8 hours ago
- Business
- Globe and Mail
Azincourt Energy Corp. Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - AZINCOURT ENERGY CORP. (TSXV: AAZ) ("Azincourt" or the "Company"), is pleased to announce it has closed a first tranche of its non-brokered private placement consisting of 35,329,931 non-flow-through units (the "NFT Units") offered at a price of C$0.015 per NFT Unit and 13,999,997 flow through units (the "FT Units") offered at a price of C$0.015 per FT Unit (the "Offering") for gross proceeds of C$739,948.96. Each NFT Unit is comprised of one common share (a "Share") and one common share purchase warrant (a "Warrant"). Each FT Unit is comprised of one flow-through common share (a "FT Share") and one common share purchase Warrant. Each Warrant is exercisable at a price of C$0.05 into one common share until July 15, 2028. The proceeds of the Offering will be applied to the drilling, exploration and development of the Company's Snegamook and Harrier Projects located within the Central Mineral Belt of Newfoundland and Labrador, Canada and for general working capital. Proceeds of the Offering will not be used for payments to non-arms length parties of the Company nor for any payment relating to persons conducting investor relations activities. In connection with the closing, the Company paid cash finders' fees totaling C$44,895 and issued 2,993,000 Finders Warrants exercisable at a price of C$0.05 into one common share for three years from the date of issue. The securities issued under the Offering are subject to a hold period under applicable securities laws in Canada expiring four months and one day from July 15, 2025 and are subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the final approval of the TSX Venture Exchange. The FT Shares will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act")). An amount equal to the gross proceeds from the issuance of the FT Shares will be used to incur eligible resource exploration expenses which will qualify as (i) "Canadian exploration expenses" (as defined in the Tax Act), and (ii) as "flow-through critical mineral mining expenditures" (as defined in subsection 127(9) of the Tax Act) (collectively, the "Qualifying Expenditures"). Qualifying Expenditures in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares will be incurred (or deemed to be incurred) by the Company on or before December 31, 2026 and will be renounced by the Company to the initial purchasers of the FT Shares with an effective date no later than December 31, 2025. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. About Azincourt Energy Corp. Azincourt is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at its East Preston uranium project located in the Athabasca Basin, Saskatchewan, and at its Snegamook and Harrier uranium projects, both located in the Central Mining Belt of Labrador. ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP. "Alex Klenman" Alex Klenman, President & CEO For further information, please contact: Alex Klenman, President & CEO info@ Azincourt Energy Corp. 1012 - 1030 West Georgia Street Vancouver, BC V6E 2Y3 Cautionary Statement Regarding Forward-Looking Statements This news release contains "forward-looking statements" or "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements relating to the use of proceeds and completion of the Private Placement. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. 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. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the "Risks and Uncertainties" in the Company's management discussion and analysis for the fiscal year ended September 30, 2024, dated January 14, 2025, and also include the risks that the Offering does not complete as contemplated, or at all; that the Company does not complete any further offerings; that the Company does not carry out exploration activities in respect of its mineral project as planned (or at all); and that the Company may not be able to carry out its business plans as expected. Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company's actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: the future price of minerals; anticipated costs and the Company's ability to raise additional capital if and when necessary; volatility in the market price of the Company's securities; future sales of the Company's securities; the Company's ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company's mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking 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 forward-looking statements. 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.
