Latest news with #mineralclaims
Yahoo
6 days ago
- Business
- Yahoo
Barranco Gold Mining finalises acquisition of mineral claims in Ontario
Barranco Gold Mining has concluded its acquisition of 16 mineral claims in the Reserve Island area of Ontario, Canada. The claims were purchased from Sprout Capital Corp., thereby increasing the company's land holdings in a region known for its historical mining activities and exploration opportunities. The Reserve Island area, located in north-western Ontario, is recognised as a prominent site for exploration, particularly for high-grade gold and base metal deposits. This acquisition provides potential synergies with exploration targets nearby. The company intends to undertake detailed mapping of the newly acquired claims, assess historical data, and explore options for initial exploration and sampling activities in the coming months. Additional updates will be shared as developments occur. The Canadian Securities Exchange has not evaluated the merits of the matters discussed in this announcement and has neither approved nor disapproved the content of the news release. Barranco Gold Mining CEO Reno Calabrigo said: 'The acquisition of these claims is a strategic step in strengthening our exploration portfolio in Ontario. 'We look forward to further evaluating this new land package and planning the next steps for future work.' Meanwhile, in a separate development in Ontario's mining sector in June, Cyclic Materials announced a $25m (C$34.04m) investment to set up a rare earth recycling facility in Kingston. The facility will feature Cyclic Materials' first commercial hub processing unit, leveraging the company's proprietary REEPure technology. "Barranco Gold Mining finalises acquisition of mineral claims in Ontario" 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.
Globe and Mail
31-05-2025
- Business
- Globe and Mail
Oberon Uranium Corp. Completes Sale of Saskatchewan Mineral Claims
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - OBERON URANIUM CORP. (CSE: OBRN) (" Oberon" or the " Company") is pleased to announce that, further to its news release dated May 15, 2025, it has closed the sale of its 22 mineral claims totaling 18,924 hectares known as the Fusion Uranium Zone Project located in the Athabasca Region of Saskatchewan (the "Property"). Pursuant to an asset purchase agreement dated May 15, 2025, as amended dated May 23, 2025 (the "Agreement"), with Little Fish Uranium Corp., Oberon has sold the Property to Little Fish for $700,000 in cash. The transaction is an arms-length transaction for the Company and does not constitute a fundamental change or result in a change of control of the Company, within the meaning of the policies of the CSE. About the Company Oberon Uranium Corp. is a mineral exploration company with a 100% interest in the past producing Lucky Boy Uranium Property located in Arizona, USA. For further information, please refer to the Company's disclosure record on SEDAR+ ( or contact the Company by email at info@ On Behalf of the Board of Directors " Lawrence Hay" President and CEO Tel: 778.317.8754 Email: info@ Forward-Looking Information Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any 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.
Yahoo
31-05-2025
- Business
- Yahoo
Oberon Uranium Corp. Completes Sale of Saskatchewan Mineral Claims
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - OBERON URANIUM CORP. (CSE: OBRN) ("Oberon" or the "Company") is pleased to announce that, further to its news release dated May 15, 2025, it has closed the sale of its 22 mineral claims totaling 18,924 hectares known as the Fusion Uranium Zone Project located in the Athabasca Region of Saskatchewan (the "Property"). Pursuant to an asset purchase agreement dated May 15, 2025, as amended dated May 23, 2025 (the "Agreement"), with Little Fish Uranium Corp., Oberon has sold the Property to Little Fish for $700,000 in cash. The transaction is an arms-length transaction for the Company and does not constitute a fundamental change or result in a change of control of the Company, within the meaning of the policies of the CSE. About the Company Oberon Uranium Corp. is a mineral exploration company with a 100% interest in the past producing Lucky Boy Uranium Property located in Arizona, USA. For further information, please refer to the Company's disclosure record on SEDAR+ ( or contact the Company by email at info@ On Behalf of the Board of Directors "Lawrence Hay"President and CEOTel: 778.317.8754 Email: info@ Forward-Looking Information Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any 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. The CSE has not reviewed, approved or disapproved the contents of this news 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
