Latest news with #minerals
Yahoo
10 hours ago
- Business
- Yahoo
Star Copper Expands Existing Footprint of Star Project and Confirms Broad Mineralized System
VANCOUVER, BC / / July 22, 2025 / Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP) ("Star Copper" or the "Company"), a critical minerals exploration and development company announced today that concurrent to its summer drill program it has successfully completed an important field program at the Copper Creek target area located within the Company's wholly owned Star Project in northwestern British Columbia's golden triangle. In addition to the Star Main discovery, historical exploration now confirmed by the Company, has identified at least four additional "fingers" surrounding the Star Main discovery that may each hold significant and complementary discoveries of their own. If successful, the current campaign could prove the entire Star Project as an expansive, mineralized system and deposit. Located approximately two kilometers (2km) to the southeast of the current drilling campaign, Copper Creek's geological setting, structural complexity, and documented copper grades suggest it may represent a southeastern extension of a broad mineralized system that extends from the Main Zone. Copper Creek holds potential to evolve into a satellite or connecting zone within a larger, continuous copper-bearing trend across the property. The fully funded campaign currently underway is focused on expanding the existing deposit at the Star Project by exploring the historically identified and known mineralization events at Star Main, Copper Creek, Star North, Star East and additional related target locations (See Figure 1). Figure 1- Star Project target areas. Star Copper 2025 Highlights The Copper Creek target was the initial (1937) discovery on the property. Centered on an impressive gossan in the walls of Copper Creek characterized by extensive malachite and azurite staining. Copper and gold soil anomalies cover the target location over a 1000m x 550m area. Geophysical anomalies have been discovered and are still open to the north, south and east. Six historical drill holes, with incomplete drill logs, include significant copper and minor precious metal values. An example intercept from the early drilling at Copper Creek includes 43.58m @ 0.49% Cu from 8.53 to 52.12m in DDH G-2-70. (341104 mE, 6456326mN UTM 9N, 000/-80 - Property File 800226) Recent field work has validated historical exploration records and establishes a reliable geospatial foundation for future exploration. Copper Creek is a historically explored copper prospect first identified in the 1930s, with significant exploration conducted in the 1970s by Skyline Explorations and United Cambridge Mines. Historical drilling intersected compelling copper and gold mineralization, including 35.5 metres grading 0.485% copper in hole G-2 and localized gold values of up to 4.5 g/t over 1.37 metres (G-2-70, 8.54 - 9.91m). Mineralization is characterized by disseminated and fracture-controlled chalcopyrite and pyrite hosted in brecciated volcanic rocks and skarn zones, spatially associated with intense chlorite-epidote alteration. Star Copper recently executed a field program at Copper Creek which was led by two geologists and one field assistant. The objectives of the program were to verify the locations of historical drill collars (holes G-1 through G-6), conduct detailed geological mapping, and collect representative rock samples. The team successfully located all historical collar sites, confirmed by the presence of vintage drill equipment, and collected 13 rock samples from mineralized outcrops and altered zones (See Figure 2). These findings validate historical exploration records and establish a reliable geospatial foundation for future exploration. Figure 2 - Copper Creek rock sample. Star Copper 2025 "We are very encouraged by the results of this recent field work, which confirm historical copper mineralization and provides important geological context for ongoing targeting," said Darryl Jones, CEO of Star Copper. "With Copper Creek located just two kilometres southeast of our current drilling operations at the Main Zone, we see strong potential for this target to evolve into a complementary satellite zone or becoming part of a larger, continuous mineralized system." Copper Creek's favorable geological setting, structural complexity, and proximity to current exploration activities make it a high-priority target for future work. The Company believes that Copper Creek may represent the southeastern extent of a broader mineralized trend that extends northwest toward and the Main Zone, offering significant upside for resource expansion (See Figure 3). Figure 3 - Star Project magnetic vector inversion cross section. Star Copper 2025 Qualified Person Jeremy Hanson, P. Geo., a Qualified Person as that term is defined under NI 43-101, is an independent contractor of the Company and has reviewed and approved the technical aspects of this news release. On Behalf of the Board of Directors ~Darryl Jones~ Darryl JonesCEO, President & DirectorStar Copper Corp. About Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP)(WKN A416ME) Star Copper Corp. is an exploration and development company focused on developing high-potential copper projects in mining-friendly jurisdictions. The Company aims to advance its British Columbian flagship Star Project where significant exploration work including historical drilling has confirmed open mineralization at depth and in all directions. Star Copper's strategic plans include geological mapping and geophysical surveys to refine existing targets,diamond drilling programs to test high-priority zones, environmental baseline studies and permitting groundwork alongside data analysis and resource modeling to support a future resource estimate prepared in accordance with NI 43-101. The Company further plans to advance its Indata Project with follow-up drilling to expand on previous high-grade copper and gold intercepts, trenching and surface sampling to delineate mineralized zones, and infrastructure improvements for site accessibility and operations. With a commitment to sustainable development and value creation, Star Copper aims to position itself to support surging industrial demand to meet growing global electrification needs. For more information visit: and to sign up for free news alerts please go to or follow us on X (formerly Twitter),Facebook or LinkedIn. More information in respect of the project, including historical drilling, is available under the Company's profile at and/or in the Company's February 26, 2025 technical report. Investor Relations Star Copper info@ Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements regarding exploration of the Company's flagship Star Project and the potential thereof. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, the early stage nature of the Star Project, the inherently unpredictable nature of resource exploration, market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. 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. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect, and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward- looking statements as expressly required by applicable law. SOURCE: Star Copper Corp. 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New York Times
a day ago
- Business
- New York Times
Seabed-Mining Firm Faces Legal Questions Over Controversial Trump Policy
Two months ago, President Trump took an extraordinary step toward issuing permits to mine vast tracts of the ocean floor in international waters where valuable minerals are abundant. It was a boon to The Metals Company, an ambitious start-up that had already spent more than half a billion dollars preparing to become the world's first commercial seabed miner. Within days of Trump's executive order, the company submitted its application to the federal government. As a result, some of the company's international partners are now questioning their relationships with The Metals Company. Trump's order conflicts with a longstanding treaty known as the Law of the Sea, potentially exposing them to legal risks. The issue with The Metals Company's seabed-mining application is that nearly every country in the world, but not the United States, has signed the Law of the Sea treaty. Its language is clear: Mining in areas outside a country's territorial waters before nations agree on how to handle the practice is not just a breach of international law, but it is also an affront to 'the common heritage of mankind.' In May, a Japanese firm that The Metals Company has partnered with in the past to process minerals from seabed-mining test runs, said it was 'carefully discussing the matter with T.M.C.,' citing the importance of doing business with companies 'via a route that has earned international credibility.' Mining companies are interested in the mineral-rich seabed of the Clarion-Clipperton Zone Source: Flanders Marine Institute, International Seabed Authority Want all of The Times? Subscribe.
Yahoo
4 days ago
- Business
- Yahoo
Congo, M23 rebels to sign declaration of principles to end fighting, sources say
By Sonia Rolley (Reuters) -Congo and the M23 rebel group have agreed to a declaration of principles to end fighting in eastern Congo, a sign of progress after months of talks mediated by Qatar, though key details still need to be negotiated, four sources said on Friday. The declaration, expected to be signed on Saturday in Doha, comes amid heavy U.S. pressure to finalise deals that would bring peace to eastern Congo. This could potentially attract billions of dollars of Western investment to a region rich in tantalum, gold, cobalt, copper, lithium and other minerals. M23, in the latest of a string of uprisings supported by Rwanda, seized Goma, eastern Congo's largest city, in January and went on to make gains across North Kivu and South Kivu provinces. The fighting has killed thousands and displaced hundreds of thousands more this year while escalating the risk of a full-blown regional war. Several of Congo's neighbours already have troops deployed in the volatile region. In March Qatar brokered a surprise meeting between Congolese President Felix Tshisekedi and his Rwandan counterpart Paul Kagame during which they called for an "immediate and unconditional" ceasefire. That led to direct talks, also in Doha, between Congo and M23. Congo had previously rejected the idea of holding talks with M23, branding it a terrorist group. In April, both sides pledged to work towards a ceasefire. But sources in both delegations have expressed frustration with the pace of negotiations and the lack of progress on confidence-building measures including the release of M23 members held by Congo and the re-opening of banks in rebel-held territory. It was unclear on Friday how many of those issues have been resolved. There are also bigger questions on possible Rwandan and M23 withdrawals from eastern Congo. An official familiar with the discussions said the declaration of principles, reached after face-to-face meetings as well as shuttle diplomacy by the Qataris, would include an immediate ceasefire and outline "a commitment to begin formal negotiations on a comprehensive peace agreement in the near future." The official said there was also consensus on a mechanism for a permanent ceasefire and a roadmap for restoring state authority in eastern Congo once a peace agreement is signed. An M23 source said the document does not mention any kind of troop withdrawal. "The American pressure is very strong," a Congolese source said on Friday, noting the presence in Doha of Massad Boulos, Trump's senior adviser for Africa. "But there are still many points unresolved. This is only one step in the discussions." TALKS IN WASHINGTON Washington has also hosted talks between Congo and Rwanda. On June 27 the two countries' foreign ministers signed a peace deal and met with U.S. President Donald Trump at the White House. Trump warned of "very severe penalties, financial and otherwise" if the deal is violated. Trump also invited Tshisekedi and Kagame to Washington to sign a package of deals that Boulos dubbed the "Washington Accord". Speaking to reporters on July 2, Boulos said the Trump administration would "love" to hold that meeting at the end of July. But he also said U.S. officials hope to have a deal in Doha finalised by then. Congo, the United Nations and Western powers say Rwanda is supporting M23 by sending troops and arms. A report by a group of United Nations experts obtained by Reuters this month said Kigali exercised command and control over the rebels during their advance. Rwanda has long denied helping M23 and says its forces are acting in self-defence against Congo's army and ethnic Hutu militiamen linked to the 1994 Rwandan genocide, including the Democratic Forces for the Liberation of Rwanda (FDLR). Solve the daily Crossword
Reuters
4 days ago
- Business
- Reuters
Congo, M23 rebels to sign declaration of principles to end fighting, sources say
July 18 (Reuters) - Congo and the M23 rebel group have agreed to a declaration of principles to end fighting in eastern Congo, a sign of progress after months of talks mediated by Qatar, though key details still need to be negotiated, four sources said on Friday. The declaration, expected to be signed on Saturday in Doha, comes amid heavy U.S. pressure to finalise deals that would bring peace to eastern Congo. This could potentially attract billions of dollars of Western investment to a region rich in tantalum, gold, cobalt, copper, lithium and other minerals. M23, in the latest of a string of uprisings supported by Rwanda, seized Goma, eastern Congo's largest city, in January and went on to make gains across North Kivu and South Kivu provinces. The fighting has killed thousands and displaced hundreds of thousands more this year while escalating the risk of a full-blown regional war. Several of Congo's neighbours already have troops deployed in the volatile region. In March Qatar brokered a surprise meeting between Congolese President Felix Tshisekedi and his Rwandan counterpart Paul Kagame during which they called for an "immediate and unconditional" ceasefire. That led to direct talks, also in Doha, between Congo and M23. Congo had previously rejected the idea of holding talks with M23, branding it a terrorist group. In April, both sides pledged to work towards a ceasefire. But sources in both delegations have expressed frustration with the pace of negotiations and the lack of progress on confidence-building measures including the release of M23 members held by Congo and the re-opening of banks in rebel-held territory. It was unclear on Friday how many of those issues have been resolved. There are also bigger questions on possible Rwandan and M23 withdrawals from eastern Congo. An official familiar with the discussions said the declaration of principles, reached after face-to-face meetings as well as shuttle diplomacy by the Qataris, would include an immediate ceasefire and outline "a commitment to begin formal negotiations on a comprehensive peace agreement in the near future." The official said there was also consensus on a mechanism for a permanent ceasefire and a roadmap for restoring state authority in eastern Congo once a peace agreement is signed. An M23 source said the document does not mention any kind of troop withdrawal. "The American pressure is very strong," a Congolese source said on Friday, noting the presence in Doha of Massad Boulos, Trump's senior adviser for Africa. "But there are still many points unresolved. This is only one step in the discussions." Washington has also hosted talks between Congo and Rwanda. On June 27 the two countries' foreign ministers signed a peace deal and met with U.S. President Donald Trump at the White House. Trump warned of "very severe penalties, financial and otherwise" if the deal is violated. Trump also invited Tshisekedi and Kagame to Washington to sign a package of deals that Boulos dubbed the "Washington Accord". Speaking to reporters on July 2, Boulos said the Trump administration would "love" to hold that meeting at the end of July. But he also said U.S. officials hope to have a deal in Doha finalised by then. Congo, the United Nations and Western powers say Rwanda is supporting M23 by sending troops and arms. A report by a group of United Nations experts obtained by Reuters this month said Kigali exercised command and control over the rebels during their advance. Rwanda has long denied helping M23 and says its forces are acting in self-defence against Congo's army and ethnic Hutu militiamen linked to the 1994 Rwandan genocide, including the Democratic Forces for the Liberation of Rwanda (FDLR).
Yahoo
5 days ago
- Business
- Yahoo
Compass Minerals Engages in Major Debt Refinancing Following Insider Support
Compass Minerals International, Inc. (NYSE:CMP) is one of the . The company's price target was raised following the completion of $650 million senior notes offering. A close up of an essential mineral being extracted from a large rock wall. Headquartered in Kansas, Compass Minerals International, Inc. (NYSE:CMP) is a leading producer of essential minerals. Focusing on rock salt, sulfate of potash, and magnesium chloride, among others, the company serves deicing, agricultural, industrial, culinary, and consumer markets across North America and the U.K. On June 3, 2025, Compass Minerals International, Inc. (NYSE:CMP) announced the pricing of a $650 million senior notes offering. Due in 2030, the notes carry an interest rate. And the proceeds from the notes are anticipated to be used for repaying debt while redeeming $350 million of senior notes due 2027. The offering was closed on June 16, 2025. Following these developments, Deutsche Bank reiterated a Buy rating on the stock, while raising the price target from $14 to $22, signaling a high confidence in the company's progress. From the insider's perspective as well, notable confidence is established on the stock, with Director Joseph Reece's purchase of 5000 shares on March 27, 2025, boosting the insider ownership by 0.05% in the last six months. While we acknowledge the potential of CMP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 12 Best MLP Dividend Stocks to Buy According to Analysts Disclosure. None.
