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January 27th, 2026 TheNewswire Muskoka, Ontario Steadright Critical Minerals Inc. (CSE: SCM,OTC:SCMNF) (‘Steadright’ or the ‘Company’), a resource exploration company focused on near-term production announces a Letter of Intent (LOI) with a first right of refusal to acquire up to 60% of SilverLine Mining Sarl, a Moroccan company with a binding Memorandum of Understanding (MOU) on a Licensed Mineral Claim property which is the License Holder of # 3843117 in the Regional Mining Area of Errachidia within the Kingdom of Morocco.  

 

LOI Terms

 

Steadright’s non-binding LOI with SilverLine Mining Sarl has up to a three-month Due Diligence (DD) period before a definitive agreement. The definitive agreement will give 5,500,000 Common Shares of Steadright to the owner of Mining License # 3843117 for up to 60% SilverLine Mining Sarl. The Mining License holder will retain 25% carried cost with SilverLine retaining 75% of the Mining Claim that currently holds an existing Mining License. This is an arm’s length transaction and the non-binding LOI was signed on January 26th, 2026.

 

Geology

 

The SilverLine property is located in the Regional Mining Area of Errachidia within the Eastern High Atlas Haute Moulouya plateau and is widely recognized as part of the Moulouya lead metallogenic province. Based on the February 21, 2022 report, ‘ETUDE GEOLOGIQUE DU PROJET MINIER OBJET DU PERMIS D’EXPLOITATION, POLYMÉTALLIQUE À BARYTINE, FLUORINE ET PLOMB’  by Kharmouch Sahar,  mineralization is structurally controlled in a system tightly linked to NE/SW-oriented faults and fractures that affect the basement, the lower part, and the cover rocks. These structures create a highly fractured zone where lead, fluorite, and barite mineralization occurs are concentrated. According to ONHYM, 30% of global silver production comes from lead–zinc mines, and Morocco’s silver often occurs as a byproduct in Pb–Zn districts.

Qualified Person

Mr. Robert Palkovits, P. Geo., VP Exploration for Steadright and a Qualified Person as defined under National Instrument 43101, has reviewed the scientific and technical information contained in this news release and has approved its disclosure. The QP has not yet verified all geological information reported herein, which is based in part on historical data and government sources. Additional verification work, including site visits, sampling, and review of original records, is planned.

Steadright CEO, Matt Lewis, states, ‘I am extremely pleased with the SilverLine Mining LOI. We think it can add a lot to our company, especially with an active Mining Licence. Our Canadian and Moroccan teams are working very hard at the needed due diligence.’

Atrium Research Engagement

Steadright is pleased to announce it has engaged the services of Atrium Research Corporation, a leading company sponsored research firm. Atrium will publish various research reports on Steadright based on publicly available information, industry data, and discussions with management. Atrium will also host three recorded interviews with Steadright’s management team to present the investment case in an interview format. In exchange for its research services, Atrium will receive cash compensation in the amount of $13,500 per quarter for the services listed above. The services will be provided for 12 months beginning on February 1, 2026. At the end of the Term, the agreement will be deemed to remain in place and be extended on a quarter-to-quarter basis at $13,500 per quarter, unless otherwise agreed to by the parties or the agreement is terminated by either party.

Atrium and the Company are arm’s-length parties, and neither Atrium nor its insiders holds any shares or options to purchase shares in the issued and outstanding capital of the company.

About Atrium Research

Atrium Research provides institutional quality company sponsored research on public equities in North America. Its investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Its research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, and an in-depth valuation process. Atrium Research is wholly owned and operated by its Co-Founders, Ben Pirie and Nicholas Cortellucci.

ABOUT Steadright Critical Minerals INC.

 

Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focusing on finding exploration and historical mining projects that can be brought into production within the Moroccan critical mineral space. Steadright currently has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq KMs of mineral exploration claims called the TitanBeach Titanium  Project and the Copper Valley Mineral Claim, found in the Kingdom of Morocco. Steadright has also recently signed an MOU for the historic Goundafa Mine within Morocco, which holds a current Mining License.

 

ON BEHALF OF THE BOARD OF DIRECTORS

For further information, please contact:

 

Matt Lewis

CEO & Director

Steadright Critical Minerals Inc.

 

Email: enquires@steadright.ca

Tel: 1-905-410-0587

www.steadright.ca

 

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

 

Forward-looking information is subject to known and unknown risks, ‎uncertainties and other factors which may cause the actual results, level of activity, performance or ‎achievements of Steadright to be materially different from those expressed or implied by such forward-‎looking information. Such risks and other factors may include, but are not limited to: there is no ‎certainty that the ongoing programs will result in significant or successful ‎exploration and ‎development of Steadright’s properties; uncertainty as to ‎the actual results of exploration and ‎development or operational activities; uncertainty as to the availability and terms of ‎future financing on ‎acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; ‎general business, economic, competitive, political and social uncertainties; capital market conditions ‎and market prices for securities, junior market securities and mining exploration company securities; ‎commodity prices; the actual results of current exploration and development or operational activities; ‎competition; changes in project parameters as plans continue to be refined; accidents and other risks ‎inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory ‎approvals; changes in legislation, including environmental legislation or income tax legislation, affecting ‎Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key ‎individuals.

 

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, or for the account or benefit of, U.S. Persons ‎unless registered under the U.S. Securities Act and applicable state securities laws, unless an ‎exemption from such registration is available.‎

 

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Monday (January 26) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$87,515.29, up by 1.2 percent over 24 hours.

Bitcoin price performance, January 26, 2025.

Chart via TradingView

Crypto executives foresee a fragile market ahead of this week’s Federal Reserve meeting, citing tightening liquidity, political uncertainty over Fed leadership and weak spot demand.

‘The crypto market is likely to remain in its current reactive, volatility-driven phase until inflation data prints provide easing signals and the overall macro backdrop allows for a market rally,’ added Farzam Ehsani, co-founder and CEO of crypto exchange VALR.

‘I expect BTC to trade near US$85,000-US$90,000 this week unless a black swan event or a surprise outcome from this week’s macro events drives further volatility. If BTC breaks below US$85,000, capital will likely continue to exit the digital asset market indiscriminately, making a decline towards US$80,000 and a steeper altcoin downturn plausible.’

Ether (ETH) was priced at US$2,899.05, up by 3.4 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.89, up by four percent over 24 hours.
  • Solana (SOL) was trading at US$123.50, up by 4.7 percent over 24 hours.

Today’s crypto news to know

Markup hearing rescheduled

Multiple outlets reported today that a spokesperson for Senator John Boozman (R-AR) said that the Senate Agriculture Committee would reschedule a markup for its version of a crypto market structure bill, called the Digital Commodity Intermediaries Act, from Tuesday (January 27) to Thursday (January 29). The winter storm that cancelled flights and caused transportation issues across a large part of the country over the weekend was cited as a likely reason for the change.

The bill will attempt to establish clear rules for the Commodity Futures Trading Commission (CFTC) over digital assets.

Additionally, the CFTC and US Securities and Exchange Commission issued a joint statement today, also rescheduling a joint event on crypto oversight harmonization to Thursday.

Valour announces UK retail launch

Valour announced it has received permission from UK regulators to sell its yield-bearing BTC and ETH crypto products to everyday retail investors on the London Stock Exchange (LSE), effective immediately.

Both funds are yield-bearing, meaning they participate in ‘staking.’ This allows the funds to earn extra rewards from the underlying crypto networks, which are then added to the value of the investment.

Previously, these products were only available to professional investors in the UK. Now, anyone with a standard UK brokerage account can buy them like a regular stock.

Van Eck launches Avalanche ETF

VanEck said it has launched a new exchange-traded fund (ETF) tracking the price of Avalanche (AVAX) in the US, trading on the Nasdaq Composite (INDEXNASDAQ:.IXIC) under the ticker symbol VAVX.

It is the first US ETF to offer exposure to both the price of the AVAX token and the rewards earned from staking on the Avalanche network.

According to the announcement, VanEck is waiving the management fee for the first US$500 million invested or until February 28, 2026. After that, the fee will be 0.20 percent per year.

Crypto funds see sharpest weekly pullback in months

Digital asset investment products just logged their biggest weekly outflows since November, with investors pulling roughly $1.73 billion from crypto-linked funds, according to CoinShares.

Bitcoin products absorbed the bulk of the selling, shedding about US$1.09 billion, while Ethereum funds lost another US$630 million as risk appetite thinned across the board.

The retreat comes as expectations for near-term interest rate cuts fade and crypto prices struggle to regain momentum. CoinShares said the market has yet to benefit from the “debasement trade” some investors expected amid global fiscal pressures.

Regionally, the selling was overwhelmingly concentrated in the US, while parts of Europe and Canada quietly added exposure on dips.

Bitcoin hovered near US$87,600 at last check, down more than 5 percent on the week, while Ethereum slid close to 10 percent.

The broader market strain also showed up quickly in derivatives, with crypto liquidations climbing toward US$750 million as prices fell over the weekend.

Strategy slows down Bitcoin buying spree

Despite the market slide, Strategy (NASDAQ:MSTR) continued adding to its Bitcoin stash, spending about US$267 million last week to acquire roughly 2,900 BTC.

The purchase marked a clear slowdown from its prior buying spree, when the company spent more than US$3 billion across two weeks. Strategy now holds more than 712,000 BTC, making it the largest corporate holder of the asset by a wide margin.

The latest buy was funded mainly through common stock issuance, alongside additional sales of its STRC preferred shares, which carry an 11 percent annualized cash dividend.

Executive Chairman Michael Saylor has pitched STRC as a yield-focused alternative to cash, with proceeds ultimately flowing back into Bitcoin.

GameStop’s Bitcoin transfer raises exit questions

Speculation swirled after GameStop (NYSE:GME) transferred its entire Bitcoin holding—about 4,710 BTC—to Coinbase Prime, a platform often used for institutional trading and custody.

The transfer, flagged by CryptoQuant, sparked talk that the retailer may be preparing to unwind its Bitcoin treasury experiment. Based on current prices, a full sale could lock in an estimated US$75 million to US$85 million loss, given that GameStop reportedly accumulated the coins near market highs earlier this year.

Currently, the company has not confirmed any sale nor addressed the speculations.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that the bank improperly closed his accounts for political reasons.

‘While we regret President Trump has sued us, we believe the suit has no merit,’ a JPMorgan Chase spokesperson said. ‘We respect the President’s right to sue us and our right to defend ourselves – that’s what courts are for.’

The suit accuses the bank of libel and breach of implied covenant of good faith and fair dealing. It also says the bank and its chief executive violated Florida trade practices laws.

The suit says Trump held ‘several’ accounts at the firm which were closed.

On Feb. 19, 2021, shortly after the Jan. 6 Capitol Hill riot, the bank notified Trump that the accounts would be closed within two months, the suit also says.

The lawsuit adds to a still-growing list of legal efforts from Trump directed at a wide variety of institutions — from media outlets to tech platforms — many of which have resulted in multimillion-dollar settlements. The president’s company, the Trump Organization, sued Capital One Bank last year over allegations of improper account closures. Capital One said at the time that the allegations have no merit.

Dimon, as head of JPMorgan Chase, the nation’s largest bank, is among the most influential people in the business world and someone who has been courted for years by Republicans and Democrats. In the run-up to the 2024 election, Trump falsely claimed that Dimon had endorsed him.

Dimon has at times been critical of some Trump policies — most notably inflation — while supportive of others, including efforts to streamline the U.S. government.

On Wednesday, Dimon criticized the Trump administration over its immigration policies.

‘I don’t like what I’m seeing,’ Dimon told attendees at the World Economic Forum in Davos, Switzerland. Dimon also said that while he doesn’t agree with everything the administration does, he does agree with some of its economic policies.

On Saturday, Trump threatened the lawsuit in a Truth Social post. Over the weekend, JPMorgan Chase said it appreciated ‘that this administration has moved to address political debanking and we support those efforts.’

Almost exactly one year ago, Trump used an address at the World Economic Forum to take a shot at JPMorgan and its competitor, Bank of America.

‘I hope you start opening your bank to conservatives because many conservatives complain that the banks are not allowing them to do business,’ Trump said.

“You and Jamie and everybody, I hope you’re going to open your banks to conservatives because what you’re doing is wrong,” Trump said.

Bank of America said that it serves over 70 million consumers and does not close accounts for political reasons. JPMorgan says that it also serves tens of millions of accounts and likewise does not close accounts on political grounds.

In an expletive-laden interview with CNBC last year, Trump vented his frustrations at big banks that close accounts for legal and regulatory reasons.

‘I had JPMorgan Chase — I had hundreds of millions of dollars in cash,’ Trump told the cable network on Aug. 5. ‘I was loaded up with cash, and they told me, ‘I’m sorry, sir, we can’t have you.”

Trump says he was informed he had 20 days to move his assets out of the bank. ‘I said, ‘You got to be kidding. I’ve been with you for 35, 40 years,” the president recounted.

Trump said, ‘then what happens is I call a Bank of America.’

‘And they have zero interest,’ he said. CEO Brian Moynihan ‘was kissing my a– when I was president, and when I called him after I was president to deposit a billion dollars plus and a lot of other things … and he said, ‘we can’t do it.”

The JPMorgan Chase spokesperson said Thursday that the bank ‘does not not close accounts for political or religious reasons. We do close accounts because they create legal or regulatory risk for the company.’

Trump was indicted multiple times after his first term in office. In 2024, he was indicted on charges that he conspired to defraud the United States, conspiracy to to obstruct an official proceeding, obstruction of and attempt to obstruct an official proceeding and conspiracy against rights.

In recent years, banks have faced intense pressure from conservatives leveling ‘debanking’ claims against them. However, banks and their lobbying groups have long maintained that they do not close accounts for political or religious reasons, but they close accounts based primarily on legal or regulatory grounds.

Trump’s administration has sought to ease those regulations in order to make it harder for a bank to close a customer’s account. In August, Trump signed an executive order which sought to end ‘politicized or unlawful debanking activities.’

In September, the Office of the Comptroller of the Currency, one of the top banking regulators, began a review of banking rules to ‘depoliticize the banking system.’

This post appeared first on NBC NEWS

American Eagle Gold Corp. (TSXV: AE) (‘American Eagle’ or the ‘Company’) is pleased to report one of the strongest drill results to date at its 100% owned NAK Project, highlighting a very wide, near-surface, high-grade interval that demonstrates continuous mineralization from surface to depth and materially expands the scale and coherence of the South Zone.

Drill hole NAK25-78 intersected 802 metres of 0.71% Copper Equivalent (‘CuEq’) from surface, including 375 metres of 1.01% CuEq beginning 211 metres downhole, confirming a broad, high-grade mineralized system with strong continuity across previously untested areas. The results increase the overall size of the South Zone and successfully connect multiple high-grade discoveries made earlier in the 2025 drill season, while demonstrating a significant expansion of the known highest-grade part of the system.

Highlights of NAK25-78

  • 802 metres of 0.71% CuEq from surface, including:
    • 375 metres of 1.01% CuEq, beginning 211 metres downhole and within
    • 645 metres of 0.82% CuEq
  • Demonstrates continuous, high-grade mineralization from surface to depth with minimal internal dilution
  • Expands and links the highest-grade parts of the South Zone through previously untested gaps between drill fences
  • With these results, the South Zone now extends approximately 700 metres east-west, 500 metres north-south and over 800 metres vertically

About NAK25-78

Drill hole NAK25-78 was designed to test the continuity and growth of its current northwesterly limits, along with the width and vertical extent of high-grade mineralization within the South Zone. The hole was collared approximately 125 metres north of the highest-grade mineralization encountered in NAK23-17, drilled at a shallower angle toward the southeast. NAK25-78 traversed across the South Zone and demonstrates that high-grade mineralization extends from near surface to depth. The results confirm broad, continuous mineralization and expand the South Zone both to the northwest and southeast. Importantly, this hole provides critical geological information, significantly improving the Company’s understanding of the South Zone geometry, which now appears to host a significant high-grade core with mineralization extending in multiple directions.

    Hole NAK25-78 was planned in conjunction with NAK25-80, which aimed to demonstrate continuity from the gold-rich, near-surface mineralization delineated 450 m to the east of NAK25-78, with the now better-defined deeper, high-grade zone to the west. Holes NAK26-78 and -80 will provide additional confidence in modeling the high-grade mineralization geometry and better inform the Company’s understanding of the various mineralization phases that comprise the broader South Zone. The results from Hole NAK25-80 will inform the design of an aggressive follow-up drill program and advance the South Zone toward an initial resource assessment. The Company believes the South Zone could represent an initial area of development, with the potential to support the advancement of the broader, large-scale mineralized system.

    Strategic Importance of the South Zone:

    The South Zone is characterized by strong grades, shallow mineralization, and minimal overburden, making it a logical focus for continued step-out and infill drilling. This area has the potential to support early-stage development scenarios while providing optionality for bulk mining approaches in adjacent, yet-to-be-defined zones across the NAK project.

    With these latest results, the South Zone’s dimensions extend over 700 m in the east-west direction, 500 m in the north-south direction, and over 800 m in depth, with the system’s bounds still unknown. The holes drilled in the 2025 season have contributed to a high-confidence, substantial increase in the zone compared with previous drilling seasons. Strong potential for expansion remains, specifically along the southern margin of the Babine Porphyry stock, where the Company has completed additional widely spaced step-out drilling, within a 1 km trend of open, highly prospective ground, extending eastward from the currently modeled bounds of the zone.

    ‘These results should significantly improve investor understanding of the scale, continuity, and significance of the South Zone. The strength and consistency of mineralization observed to date reinforces our view that the South Zone represents a high-grade core within a much larger project,’ said CEO Anthony Moreau.

    Watch: Webinar with Anthony Moreau and Neil Prowse Discussing the Significance of These Results

    NAK25-78 Assay Results (Table 1) and Details*

    Hole From To Length Cu % Au g/t Ag g/t Mo ppm CuEq %
    NAK25-78 54 856 802 0.31 0.27 1.2 132 0.71
    Including
    NAK25-78 298 586 288 0.42 0.49 1.7 186 1.10
    Within
    NAK25-78 211 586 375 0.37 0.45 1.4 200 1.01
    Within
    NAK25-78 211 856 645 0.36 0.31 1.4 155 0.82
    And
    NAK25-78 738 856 118 0.60 0.19 2.5 120 0.93

    * Copper Equivalent (CuEq) shown in Tables for drill intercepts are calculated on the basis of US$ 4.50/lb for Cu, US$ 3,375/oz for Au, US$ 60/oz for Ag and US$ 25/lb for Mo, with 80% metallurgical recoveries assumed for all metals (since it’s unclear what metals will be the principal products, assuming different recoveries is premature at this stage). The formula is: CuEq. = Cu % + (Au grade in g/t x (Au recovery / Cu recovery) x [Au price ÷ 31] / [Cu price x 2200 x 1%]) + (Ag grade in g/t x (Ag recovery / Cu recovery) x [Ag price ÷ 31] / [Cu price x 2200 x 1%] + (Mo grade in % x (Mo recovery / Cu recovery) x [Mo price] / [Cu price]). The assays have not been capped. The reported intervals represent drill intercepts, and insufficient data are available at this time to state the true thickness of the mineralized intervals.

    NAK25-78 was drilled at a moderate inclination to the southeast, from the same collar as NAK24-18, and approximately 125m north of the strongest previously encountered mineralization at the South Zone. NAK25-78 collared into a package of interbedded sandstone, siltstone, and conglomerate to a depth of 211 m, encountering sporadic copper/gold mineralization taking the form of local zones of dense chalcopyrite veining and enveloping disseminations.

    From 211 m to 525 m, an increase in grade coincides with the presence of the middle conglomerate at NAK as host, characterized by a sharp increase in the density and consistency of both vein-hosted and disseminated chalcopyrite, bornite, and local molybdenite. The conglomerate is intruded by meter-scale variably and locally strongly mineralized porphyry dikes, including a bornite-mineralized sparsely plagioclase porphyritic monzonite between 422 and 427 m.

    Below 525 m, medium- to coarse-grained sandstone interbedded with thin layers of fine-grained sandstone and siltstone is the predominant host to the end of the hole. Strongly disseminated and vein-hosted bornite and chalcopyrite mineralization are remarkably consistent down to a depth of 586 m, and are associated with dark, magnetite-biotite alteration. Local zones of overprinting clay alteration also occur and are commonly associated with semi-massive chalcopyrite-molybdenite veining.

    Mineralization decreases between 586 and 738 m, but picks up again sharply thereafter, down to approximately 850m, with chalcopyrite and bornite matrix- and clast-replacement occurring within the lower concretion-bearing sandstone, and with the mineralization being both closely associated with, and occurring within, fine-grained diorite dikes and(or) sills. Below 856 m, sulfide speciation transitions sharply to pyrite-dominant, and copper grades decrease.

    Collar details for holes in this release (table 2):

    Hole UTM_Grid UTM_East UTM_North Azimuth Inclination TD (m)
    NAK25-78 NAD83_Z9 674961 6129472 125 -58 924

    QA/QC and Sampling Protocol

    Sampling at NAK follows a rigorous methodology and internal QA/QC protocol. Drill core is halved on site, and samples are submitted to ALS Geochemistry in Langley, British Columbia for preparation and analysis. ALS is accredited to the ISO/IEC 17025 standard for assays. All analytical methods include quality control standards inserted at set frequencies. The entire sample interval is crushed and homogenized, and 250 g of the homogenized sample is pulped. All samples were analyzed for gold, silver, copper, molybdenum and a suite of 45 other major and trace elements. Analysis for gold is by fire assay fusion followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) on 30 g of pulp. Analysis for silver, copper, and molybdenum and all other major and trace elements are analyzed by four-acid digestion followed by Inductively Coupled Plasma Mass Spectroscopy (ICP-MS).

    Internal QA/QC protocols dictate that individual core samples are no less than 70 cm and no greater than 3 m in length. To control standard, blank, and duplicate sample frequency, and to better constrain pass/fail re-analysis intervals, samples are submitted to the lab in 50 sample batches. Within each 50-sample batch, there is one gold-copper standard and two coarse reject duplicates, inserted at regular intervals, and two blank samples, inserted sequentially following well-mineralized samples where possible, for a total of 10% QA/QC samples. All gold and copper standard analyses from the 2024 program passed within 3 standard deviations of expected values. Where duplicate values differed significantly, the lower values from the resulting re-analyses were used.

    About American Eagle‘s NAK Project

    The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960’s, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed by American Eagle in 2022, 2023, and 2024 returned significant intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system. American Eagle Gold completed an aggressive 31,500 metre drill program in 2025 designed to expand and improve the mineral footprint; assays are currently being received.

    For the latest videos from American Eagle, Ore Group, and all things mining, subscribe to our YouTube Channel: youtube.com/@theoregroup

    About American Eagle Gold Corp.

    American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company benefits from over $25 million in cash, bolstered by two strategic investors formed in the past two years with Teck Resources and South32. With substantial financial and technical resources, American Eagle Gold is well-positioned to drill, de-risk, and define the full potential of the NAK Copper-Gold porphyry project.

    Anthony Moreau, Chief Executive Officer

    416.644.1567
    amoreau@oregroup.ca
    www.americaneaglegold.ca

    Q.P. Statement

    Mark Bradley, B.Sc., M.Sc., P.Geo., a Certified Professional Geologist and independent ‘qualified person’ for the purposes of Canada’s National Instrument 43-101 Standards of Disclosure for Mineral Properties, has verified and approved the information contained in this news release.

    Forward-Looking Statements

    Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to: including statements relating to the use of proceeds of the Offering, the tax treatment of the Charity FT Shares, the receipt of all necessary regulatory approvals in connection with the Offering, the 2025 drill program or its anticipated results at the Company’s NAK project, the ability of the Company to make the Qualifying Expenditures as anticipated by management, and other matters ancillary or incidental to the foregoing. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Therefore, actual results might differ materially from those suggested in forward-looking statements. American Eagle Gold Corp. assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at www.sedarplus.ca.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release.

    Source

    This post appeared first on investingnews.com

    West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY,OTC:WHYRF) (FSE: W0H) (the ‘Company’ or ‘West High Yield’) is pleased to announce: (i) the initiation of its proprietary processing pilot program at its magnesiumsilica Record Ridge industrial minerals project (the ‘Project’); (ii) significant advancement in permitting and post-permit compliance activities of the Project; and (iii) the closing of a single tranche (the ‘Closing’) of a conditionally approved non-brokered private placement offering (the ‘Offering’) of units (the ‘Units’).

    Processing Pilot Program Update

    The Company is pleased to report that it has initiated a pilot test of its proprietary metallurgical processing technology. A contract has been signed with Process Research Ortech Inc. (‘PRO‘) of Mississauga, Ontario, to conduct the pilot test at PRO’s laboratory facility.

    Preparatory work is already underway, with pilot operations scheduled to begin in early February 2026 and completion, including delivery of a final report, expected in April 2026. This pilot program represents a significant step between the successful laboratory-scale research previously conducted at Kingston Process Metallurgy (‘KPM‘) in Kingston, Ontario, and future full-scale industrial implementation, providing critical data to validate process performance, operating parameters, and scalability.

    The results from the pilot program are expected to provide essential data to support the initiation of a feasibility study for the Company’s first commercial processing plant, which is planned to commence in mid-Q2 2026.

    Permitting and Post-Permit Compliance Update

    Since receiving its Mines Act Permit from the British Columbia Ministry of Mining and Critical Minerals in October 2025 (the ‘Permit‘), the Company has been working closely with its consultants and government authorities to advance the remaining permitting requirements under the Project. These include the Environmental Management Act (British Columbia) permit, a ‘Water Licence’ under the British Columbia Water Sustainability Act, a ‘Licence to Cut’ from the British Columbia Ministry of Forests, and a Mine Access Permit from the British Columbia Ministry of Transportation and Transit. Significant progress has been made toward securing these approvals, and the Company anticipates receiving the remaining permits in the near future. Further updates will be provided as each approval is obtained.

    The Company and its consultants are actively engaged in the post-permit compliance phase, working to complete and submit all required studies and reports in advance of construction. Final designs for the Project’s mine and access road have been completed, providing the technical foundation for the remaining compliance work.

    The Company is confident that this phase will be finalized on schedule, positioning it to commence Project construction activities in Q2 2026.

    Grant of Multi-Year Area-Based Exploration Permit

    The Company is also pleased to report that British Columbia Ministry of Mining and Critical Minerals has granted it a multi-year area-based exploration permit valid for a five-year period. This permit authorizes the Company to carry out additional exploration activities, including drilling, on its mineral claims located outside the designated Record Ridge mining area, which is now fully covered under the existing Permit.

    Closing of Non-Brokered Private Placement

    The Closing under the Offering consisted of the issuance of 1,000,000 Units for gross proceeds of $500,000. The Units were issued at a price of $0.50 per Unit, with each Unit consisting of one (1) Common share of the Company (each, a ‘Common Share‘) and one-half (1/2) of one (1) Common Share purchase warrant (each, a ‘Warrant‘). Each Warrant, together with CAD$0.65, entitles the holder thereof to acquire one (1) additional Common Share for twelve (12) months from the date of the Closing.

    All securities comprising the Units issued on the Closing are subject to a trading hold period expiring four months plus one day from the date of issuance. The proceeds from the Closing have been and will be used by the Company to cover essential operations and for general working capital purposes and expenses.

    After completion of the Closing, the Company confirms that the Offering has been completed in full. The Company received conditional approval for the Offering from the TSX Venture Exchange (the ‘TSXV‘) on January 20, 2026 by way of filing a price reservation form. Final approval of the Offering remains subject to approval by the TSXV, which the Company has submitted for as of the date of this news release.

    About West High Yield

    West High Yield is a publicly traded junior mining exploration and development company, established in 2003, and focused on acquiring, exploring, and developing mineral resource properties in Canada. Its primary objective is to develop its Record Ridge critical mineral (magnesium, silica, and nickel) deposit using green processing techniques to minimize waste and CO2 emissions.

    The Company’s Record Ridge critical mineral deposit located 10 kilometers southwest of Rossland, British Columbia has approximately 10.6 million tonnes of contained magnesium based on an independently produced National Instrument 43-101 – Standards of Disclosure for Mineral Projects (‘NI 43-101‘) Preliminary Economic Assessment technical report (titled ‘Revised NI 43-101 Technical Report Preliminary Economic Assessment Record Ridge Project, British Columbia, Canada’) prepared by SRK Consulting (Canada) Inc. on April 18, 2013 in accordance with NI 43-101 and which can be found on the Company’s profile at https://www.sedarplus.ca.

    Qualified Person

    Rick Walker, B.Sc., M.Sc., P.Geo., the Company Geologist is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.

    Contact Information:

    West High Yield (W.H.Y.) RESOURCES LTD.

    Frank Marasco Jr., President and Chief Executive Officer
    Telephone: (403) 660-3488
    Email: frank@whyresources.com

    Barry Baim, Corporate Secretary
    Telephone: (403) 829-2246
    Email: barry@whyresources.com

    Cautionary Note Regarding Forward-looking Information

    This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

    Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

    Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act‘) and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

    NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281636

    News Provided by TMX Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) (‘LaFleur Minerals‘ or the ‘Company‘ or ‘Issuer‘) is pleased to announce major advancements with its Swanson Gold Deposit and Beacon Gold Mill which includes the advancement of technical studies evaluating the restart of gold production and retrofits to increase production rates at Beacon, as well as establishing requirements to expand its existing permitted tailings facility, all key components supporting the upcoming Preliminary Economic Assessment (PEA), which are in the final stage. The significant progress of key technical, metallurgical and infrastructure milestones for the PEA is integral to a disciplined, capital-efficient mill restart, which includes recently finalized positive verification of historical drilling with results to be announced near-term and ongoing recommissioning work at the Company’s wholly-owned Beacon Gold Mill.

    PATH TO GOLD PRODUCTION RESTART AT BEACON GOLD MILL:

    The Beacon Gold Mill last operated in 2022 with gold prices in the $1,800-2,000/oz range. With gold prices currently exceeding $4,900/oz, Lafleur is laser focused on restarting gold production at the Beacon Gold Mill leveraging supply from its 100%-owned district-scale Swanson Gold Deposit, located only ~50 km away, forming its vertically-integrated production model. The Swanson Gold Project, one of the largest gold exploration land packages in the Abitibi Gold Belt, Val-d’Or, Québec, holds a 43-101 compliant open pit and underground mineral resource; Total Indicated Mineral Resource Estimate of 2,113,000 t with an average grade of 1.8 g/t gold for 123,400 oz of contained gold, and Total Inferred Mineral Resource Estimate of 872,000 t with an average grade of 2.3 g/t gold for 64,500 oz of contained gold (MRE effective September 17, 2024 and reported in updated NI 43-101 technical report dated July 29, 2025). With a fully permitted tailings storage facility and proximity to established mining infrastructure, the Beacon Gold Mill offers a strategic ready to restart gold mill at a time when gold prices remain strong (USD $4,833/oz as of January 22, 2026; KITCO).

    In parallel with regional exploration and drilling activities, the Company is also advancing technical studies aimed at optimizing and expanding the mill’s capabilities. Current work includes detailed assessments to enhance the existing metallurgical facility, supported by the development of updated cost estimates and retrofit flow sheets. These studies form part of a broader growth strategy that contemplates substantially increasing mill throughput, modernizing the process flowsheet, and advancing drilling programs to continually expand the mineral resources available to feed the Beacon Gold Mill.

    RECENT FINANCING OF $7,800,000 CLOSED – BEACON GOLD MILL FUNDED FOR RESTART

    LaFleur’s positioning is distinct compared to peers as it’s not in the conceptual stage but in full execution, given its 100%-owned, fully permitted Beacon Gold Mill with current 750 tpd capacity, funded for restart and entering revenue-generation stage. Beacon Gold Mill is scalable to 1,000 tpd under the PEA base case and 3,000-4,000 tpd under long term growth scenarios, offering a rare vertically integrated, mine-to-mill gold production platform that is scalable, enhancing control over costs and margins, with the possibility to leverage rail-enabled logistics, strengthening and solidifying the mill as a potential regional processing hub in Val-d’Or. Lafleur recently completed a total of $7,800,421 in funding to fully fund the restart of gold production at the Beacon Gold Mill (refer to press release dated January 5, 2026).

    TECHNICAL ADVANCEMENTS TOWARDS DELIVERY OF PEA

    • The Swanson Deposit Mining Lease (BM885) has been reviewed for spatial suitability and is considered suited for the current mine plan. As the size of the mineral deposit and mining plan increases, the Company is evaluating opportunities to expand the permitted surface area through additional mining lease applications.
    • Verification diamond drilling to support the PEA at the Swanson Gold Deposit is now complete. These positive drilling results will support the upcoming technical report and mark a key milestone in advancing the Project. The material from this drilling will also be used and incorporated in ongoing and future metallurgical testing. Lafleur will provide detailed news release on the positive drill results once final assat results are received in the coming days.
    • LaFleur Minerals management team, together with ERM (Environmental Resources Management) and Canadian National Railway (CN), have initiated discussions regarding potential rail infrastructure enhancements to support long-term project development and delivery of feed from the Company’s Swanson Gold Project to Beacon Gold Mill. These discussions include a timeline for design and planning of relocating a small portion of the existing CN rail line (estimated at 6 months), then installing a dedicated rail spur to facilitate efficient loading and transport of material to the Beacon Gold Mill. The current CN line runs directly through both the Swanson Property and the Beacon Gold Mill site, presenting an opportunity to optimize logistics, reduce future hauling costs, decrease GHG emissions and support increased safety with less truck traffic through villages. Having direct rail access at the Beacon Gold Mill will significantly reduce transport costs and increase the range for the Company to accept satellite feed material, further enhancing the economics of gold production operations.
    • Metallurgical planning for the Swanson Gold Project and Beacon Gold Mill continues to advance. Work being completed by Bumigeme Inc. (Bumigeme) of Montréal and ERM, the PEA lead consultant, regarding potential retrofits to the Beacon Gold Mill to support increased feed processing capacity. The C$49 million as-built and permitted Beacon Gold Mill facility remains a key strategic asset for LaFleur Minerals.

    Work to date has focused on evaluating the requirements to economically process Swanson mineralized material at the Beacon Gold Mill and to further the mill expansion, including:

    SWANSON GOLD PROJECT AND BEACON GOLD MILL – PEA BASE CASE ACTIVITIES

    • Assessing upgrades to increase mill throughput to 1,000 tpd, including the capital costs associated with crushing, grinding and flotation circuit modifications.
    • Initiating a metallurgical testing program for Swanson mineralized material, with a total of 400 kg of representative diamond-drill-core and assay rejects to be collected in January 2026 for detailed testwork by SGS Canada in February and March 2026.

    GROWTH PLANNING

    Looking beyond the PEA, LaFleur Minerals is assessing future Beacon Gold Mill expansion scenarios in the 3,000-4,000 tpd range:

    • Preliminary capital requirements for these growth cases are currently under evaluation.
    • Bumigeme and ERM are jointly developing the metallurgical flowsheet options to support these potential expansions, which will be supported by metallurgical laboratory testing.
    • The current Beacon Gold Mill infrastructure is supported by an existing 4 MW power supply, providing a strong electrical foundation for current operations and planned throughput increases. This existing capacity enables the Company to evaluate upgrades in the PEA base case and supports future expansion scenarios.
    • Mine options analysis and associated economic trade-off studies are currently being undertaken to evaluate the viability of processing Swanson mineralized material at the Beacon Mill. These evaluations are intended to quantify the relative merits of alternative development pathways and to inform the selection of the preferred mine-to-mill configuration.
    • As metallurgical modernization concepts for the Beacon Gold Mill advance toward fully defined and executable process designs, the scope of the economic assessments may be expanded to incorporate additional growth scenarios, a sustainable environmentally friendly flowsheet and longer-term production strategies.

    ABOUG BUMIGENE AND ERM:

    Bumigeme Inc is a Quebec-based engineering firm specializing in mining, mineral processing, and metallurgical testing. They offer services including feasibility studies, NI 43-101 reports, and EPCM (Engineering, Procurement, and Construction Management) services. The company focuses on optimizing, designing, and operating mineral processing plants.
    https://www.bumigeme.com

    ERM (Environmental Resources Management)
    https://www.erm.com/industries/mining-metals/
    is a leading global sustainability consultancy providing end-to-end services for the mining sector, from exploration to closure. They specialize in ESG strategy, technical environmental services, social performance, risk management, and decarbonization to help mining companies navigate operational challenges and regulatory requirements. https://www.erm.com/industries/mining-metals/

    Paul Ténière, CEO of LaFleur Minerals commented, ‘LaFleur Minerals is pleased with the technical milestones achieved to date, which represent strong progress as we advance toward delivery of a fully integrated PEA for our 100%-owned Swanson Gold Deposit and nearby Beacon Gold Mill. This work positions the Company to continue to fast track its streamlined development strategy centred on a restart of gold production at the Beacon Gold Mill located within one of Canada’s most established and well-supported Abitibi Gold Belt and ValDor, Quebec, gold-mining districts.’

    BEACON GOLD MILL RESTART WORK UPDATE

    LaFleur Minerals and Bumigeme have made strong operational progress at the Beacon Gold Mill during November and December 2025, quickly advancing the facility toward recommissioning to process a 100,000 tonne bulk sample from the Swanson Gold Deposit while maintaining a disciplined focus on cost control, safety, and execution.

    Early activities included mobilization of contractors, restoration of site services, and inspection of critical safety infrastructure. Through coordination with environmental authorities, the Company optimized its winter access strategy to the tailings facilities, generating estimated cost savings exceeding $20,000.

    During December 2025, LaFleur Minerals assembled its site leadership and technical team, awarded multiple service and equipment contracts, and initiated procurement of long-lead items required to bring the plant back into full operation. Minor electrical and heating upgrades were completed, and site cleaning and organization progressed steadily. Detailed equipment inspections have identified several opportunities to modernize aging components, positioning the plant for more reliable operations once recommissioned. Other work in mid-December included conveyor clean-out, pump replacement, inspection of drum filters, and preparation for mechanical and access upgrades. Recommissioning activities for the plant, crushing circuit, and overhead cranes are scheduled to begin by the end of January 2026.

    These milestones mark a critical step in unlocking the value of the Beacon Gold Mill facility and demonstrate LaFleur Minerals methodical and capital-conscious approach to restarting operations.

    QUALIFIED PERSON STATEMENT

    All scientific and technical information in this news release has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the Company and considered a Qualified Person for the purposes of NI 43-101.

    About LaFleur Minerals Inc.

    LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Deposit and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur Minerals has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Mineral’s fully refurbished and permitted Beacon Gold Mill is capable of processing 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

    ON BEHALF OF LAFLEUR MINERALS INC.

    Paul Ténière, M.Sc., P.Geo.
    Chief Executive Officer
    E: info@lafleurminerals.com
    LaFleur Minerals Inc.
    1500-1055 West Georgia Street
    Vancouver, BC V6E 4N7

    Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

    Cautionary Statement Regarding ‘Forward-Looking’ Information

    This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements in this news release include, without limitation, statements related to the use of proceeds from prior financings. Although the Company 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 may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward- looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward- looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

    Click here to connect with LaFleur Minerals (CSE:LFLR,OTCQB:LFLRF) to receive an Investor Presentation

    Source

    This post appeared first on investingnews.com

    Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) (‘Silver Dollar’ or the ‘Company’) is pleased to provide an overview of the 2026 exploration plans for advancing its flagship La Joya Silver (Cu-Au) Project in the state of Durango, Mexico.

    To view an enhanced version of this graphic, please visit:
    https://silverdollarresources.com/images/LaJoya/LaJoya-2b.jpg

    Silver Dollar remains focused on its exploration strategy shift from potential open pit to underground development at the 100%-owned La Joya property (the ‘Property’). The Company is continuing to reinterpret historical data, targeting higher-grade underground mineralization within the 2 x 3 kilometer (km) La Joya mineralized complex.

    Priority has been given to enhanced modeling of known high-grade mineralization, detailed underground and surface mapping and sampling, and the re-logging and sampling of select historical drill core. Through these efforts, Silver Dollar is gaining a better understanding of the mineralization and its controls, to guide and plan the next phase of drilling.

    The current areas of focus are outside the historic resource areas, proximal to the sides of the intrusive bodies, and share similarities with the style of mineralization found at the nearby San Martin mine, located approximately 25 km southeast of La Joya (Figure 1).

    The discovery of San Martin-type mineralization at La Joya (specifically at the Coloradito Intrusive, ‘El Brazo’) provides evidence supporting the concept of deeper mineralization around main intrusions at La Joya (Figure 2).

    Figure 2: La Joya and San Martin Cross-Section Comparison.

    To view an enhanced version of this graphic, please visit:
    https://silverdollarresources.com/images/LaJoya/El-Brazo_San-Martin_X-Section-Comparsion.jpg

    Both La Joya and San Martin are situated within the Cuesta del Cura Limestone and the overlying Indidura Formation, along the broadly defined San Luis-Tepehuanes fault system-commonly referred to as the Mexican Silver Belt. These intrusions are of the same age, similar in size and composition, and in both cases, mineralization is concentrated along the contact near the outer limit of skarn alteration surrounding the intrusion. Historically, the San Martin mine reportedly contained more than 300 million ounces of silver, with mineralization extending vertically over 850 meters. Drilling has indicated that mineralization remains open for an additional 400 meters below known intercepts, suggesting depths well beyond 1,200 meters (approximately 4,000 feet). This makes San Martin an ideal exploration model for targeting deeper mineralization at La Joya.

    Five targets are being developed at La Joya (Figure 3) to drill test for deep San Martin-type mineralization below known (previously reported) mineralization or magnetic anomalies just off the sides of the intrusives:

    Central Dyke: Delineated over a strike length of 770 meters (m) with 134 of 170 samples (156 channel and 14 rock grab samples) returning assays >100 grams per tonne (g/t) silver equivalent (AgEq) including sample #161, taken in altered carbonate sediments proximal to the intrusive, that returned 3,823 g/t AgEq.

    El Brazo: Situated approximately 1 km west of La Joya’s Main Mineralized Trend (MMT), is a carbonate-hosted mineralized system exhibiting characteristics consistent with the San Martin carbonate replacement deposit (CRD) model. Drill hole NOR-22-013 intersected 232 g/t AgEq over 19.35m, including a higher-grade interval of 535 g/t AgEq (420 g/t Ag, 0.41 g/t Au, 0.05% Cu, 1.97% Pb, and 3.9 % Zn) over 5.0m. Silver Dollar’s El Brazo discovery not only confirms the presence of high-grade CRD mineralization but also highlights the potential to expand future mineral resource estimates at La Joya by including lead and zinc credits, which were notably absent from the historical calculations.

    North Side: With historic hole LB96-04 intersecting results of 694 g/t AgEq over 8.6m at a depth of 401m, this deep high-grade mineralization identifies a ‘San Martin’ type target, along strike and to the north of the MMT. This target is below and beyond the depth of previous drilling and remains open in all directions.

    Road Zone: Located just to the northwest of the MMT, is a blind gold-rich target, originally intersected at 126m in hole NOR-21-004 (that deviated while testing a deeper North Side target). This structure is identified by the presence of rhodonite with fine grained pyrite-chalcopyrite that assayed 1,099 g/t AgEq over 3m. Subsequently, similar mineralization was cut in holes NOR-22-010 (204 g/t AgEq over 2.09 m) and NOR-22-017 (700 g/t AgEq over 1.87m) over a strike length of 190m.

    El Puerto Mag Anomaly: A ground magnetic anomaly that coincides with a topographic low between Coloradito and the MMT and just west of the Road Zone. This is a blind target in a potential prospective structural corridor.

    To view an enhanced version of this graphic, please visit:

    https://silverdollarresources.com/images/LaJoya/LaJoya-Deep-Targets.jpg

    Silver equivalent is calculated using the following metal prices in USD: Au $1,750/oz, Ag $22/oz, Pb $1.25/lb, Zn $1.50/lb, Cu $4.30/lb. Recoveries of Au 66%, Ag 93%, Cu 70%, Pb 87%, Zn 84%, historically reported from Pan American Silver’s La Colorada mine and Southern Silver’s Cerro Minitas mine (Cu only), have been used in the AgEq calculation, and are assumed to be comparable to anticipated recoveries at La Joya. Reported assay results are factored according to the historic recoveries reported above.

    ‘We are well-funded and ready for an active year at La Joya, capitalizing on favorable market conditions and record-high prices for gold, silver, and copper,’ said Gregory Lytle, President of Silver Dollar. ‘Our exploration team is systematically advancing five priority areas that have been identified for deep San Martin-type mineralization, and we look forward to initiating drill testing as soon as the targeting work is finalized.’

    About the La Joya Property:

    La Joya is an advanced exploration stage property consisting of 15 mineral concessions totaling 4,646 hectares and hosts the Main Mineralized Trend (MMT), Santo Nino, and Coloradito deposits.

    The previous operator, Silvercrest Mines, released a Preliminary Economic Assessment (PEA) NI 43-101 Technical Report on the La Joya Property in December 2013. The PEA included a mineral resource estimate (MRE) on only the MMT and Santo Nino deposits (See Historical MRE Table) that was primarily based on Silvercrest’s drilling between 2010 and 2012. The MRE was reported to conform to CIM definitions for resource estimation; however, a qualified person of Silver Dollar has not done sufficient work to classify the historical resource, and the Company is not treating it as a current mineral resource. Independent data verification and an assessment of the mineral resource estimation methods are required to verify the historical mineral resource.

    To view an enhanced version of this graphic, please visit:

    https://silverdollarresources.com/images/LaJoya/Historical-Resource-Model.jpg

    The Property is situated approximately 75 kilometres southeast of the Durango state capital city of Durango in a high-grade silver region with past-producing and operating mines, including Silver Storm’s La Parrilla Mine, Industrias Penoles’ Sabinas Mine, Grupo Mexico’s San Martin Mine, Sabinas Mine, First Majestic’s Del Toro Mine, and Pan American Silver’s La Colorada Mine (Figure 1).

    Dale Moore, P.Geo., the ‘Qualified Person’ as defined by National Instrument (NI) 43-101 has reviewed and approved the scientific and technical information contained in this news release. Dale Moore, P.Geo. is not independent of the Company in accordance with NI 43-101.

    About Silver Dollar Resources Inc.

    Silver Dollar is a dynamic mineral exploration company focused on North America’s premier mining regions. Our portfolio includes the advanced-stage La Joya Silver (Cu-Au) Project and the early-stage Nora Silver-Gold Project, both located in the prolific Durango-Zacatecas silver-gold belt. The Company is fully funded for 2026, having recently closed a financing with continued support from financial backers that include renowned mining investor Eric Sprott, our largest shareholder. Silver Dollar’s management team is committed to an aggressive growth strategy and is actively reviewing potential acquisitions with a focus on drill-ready projects in mining-friendly jurisdictions.

    For additional information, you can visit our website at silverdollarresources.com, download our investor presentation, and follow us on X at x.com/SilverDollarRes.

    ON BEHALF OF THE BOARD

    Signed ‘Gregory Lytle’

    Gregory Lytle,
    President, CEO & Director
    Silver Dollar Resources Inc.
    Direct line: (604) 839-6946
    Email: greg@silverdollarresources.com
    179 – 2945 Jacklin Road, Suite 416
    Victoria, BC, V9B 6J9

    Forward-Looking Statements:

    This news release may contain ‘forward-looking statements.’ Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

    Click here to connect with Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (FSE: 4YW) to receive an Investor Presentation

    Source

    This post appeared first on investingnews.com

    Here’s a quick recap of the crypto landscape for Friday (January 23) as of 9:00 p.m. UTC.

    Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

    Bitcoin and Ether price update

    Bitcoin (BTC) was priced at US$89,425.01, trading flat over 24 hours.

    Bitcoin price performance, January 23, 2025.

    Chart via TradingView

    “With the 10-year yield holding around the 4.2 – 4.3 percent range, global funding costs remain elevated, encouraging capital to favor assets with clear yields over non-yielding assets such as Bitcoin. In such an environment, BTC struggles to attract sustained new inflows unless markets begin to believe that the monetary policy cycle is approaching a turning point.

    “The most decisive factor for BTC’s near-term outlook remains institutional flows, particularly through US spot BTC ETFs. Recent data show several sessions of heavy net outflows, with total net withdrawals for the week reaching US$1.19 billion so far. While total net assets held by Bitcoin ETFs remain elevated…the flow dynamics suggest that institutions are willing to take profits or reduce risk when the macro backdrop deteriorates. This signal should not be overlooked, as past cycles have shown that BTC only establishes a durable uptrend when ETF flows remain consistently positive, rather than through sporadic inflows that are quickly reversed.

    “Without the support of fresh inflows, each rebound risks turning into a profit-taking opportunity, leaving the short-term trend choppy and lacking clear direction. From my perspective, the most plausible near-term scenario is for Bitcoin to continue consolidating in a cautious manner, with downside risks persisting if ETF outflows continue,” said Tran, adding that BTC will likely face renewed downward pressure due to its high sensitivity to risk appetite if bond yields rise or global markets become risk-averse.

    Ether (ETH) was priced at US$2,936.38, trading flat over the last 24 hours.

    Altcoin price update

    • XRP (XRP) was priced at US$1.91, down by 0.4 percent over 24 hours.
    • Solana (SOL) was trading at US$126.86, down by 1.2 percent over 24 hours.

    Today’s crypto news to know

    Capital One to acquire Brex

    Capital One announced its intention to acquire Brex, an AI-native software platform that uses AI agents to automate complex workflows, as well as providing corporate cards, automated expense management and real-time payments, in a combination of stock and cash transaction in a deal valued at US$5.15 billion.

    ”Since our founding, we set out to build a payments company at the frontier of the technology revolution,” said Richard D. Fairbank, Founder, chairman, and CEO of Capital One. “Acquiring Brex accelerates this journey, especially in the business payments marketplace.

    “Brex invented the integrated combination of corporate credit cards, spend management software and banking together in a single platform,’ he added. “They have taken the rarest of journeys for a fintech, building a vertically integrated platform from the bottom of the tech stack to the top.”

    The transaction is expected to close in the middle of calendar year 2026, subject to the satisfaction of customary closing conditions.

    “Together, we’ll maximize founder mode by combining Brex’s payments expertise and spend management software with Capital One’s massive scale, sophisticated underwriting, and compelling brand to accelerate growth and increase the speed at which we can offer better finance solutions to the millions of businesses in the US mainstream economy,” said Pedro Franceschi, founder and CEO of Brex.

    Grayscale files for BNB-linked investment fund

    Grayscale filed for permission from the US Securities and Exchange Commission to launch a new investment fund tied directly to BNB, the digital currency linked to the Binance ecosystem.

    According to the filing, the fund will trade on Nasdaq under the ticker symbol GBNB, subject to regulatory approval.

    If approved, it would allow people to bet on the price of BNB through a traditional brokerage account rather than having to use a specialized crypto exchange.

    Revolut abandons US merger to focus on banking license application

    Digital banking firm Revolut has reportedly decided abandon its to merge with a US lender and is instead focusing on building its own foundation in the US by applying for a formal banking license, according to sources for the Financial Times.

    Insiders added that executives at Revolute determined that a takeover would prove too complicated, requiring brick-and-mortar branches as well as engagement with US regulators, but that the deregulatory push under the Trump administration would likely result in a speedy approval process for a de novo bank licence application.

    Ledger lines up US$4 billion New York IPO

    Ledger is preparing a New York Stock Exchange listing that could value the French hardware wallet maker at more than US$4 billion, according to a report by the Financial Times.

    The company was last valued at US$1.5 billion in a 2023 funding round, underscoring how sharply sentiment has shifted toward crypto infrastructure firms.

    Goldman Sachs (NYSE:GS), Jefferies Financial Group (NYSE:JEF), and Barclays (NYSE:BCS) are said to be advising on the deal, which could launch as soon as this year.

    The move follows BitGo’s (NYSE:BTGO) recent NYSE debut, which helped reopen public markets for crypto-native companies. Ledger has benefited from surging demand for self-custody as high-profile crypto hacks continue to mount.

    If completed, the listing would rank among the largest US IPOs by a European crypto firm.

    Kansas weighs Bitcoin reserve from unclaimed digital assets

    Lawmakers in Kansas are considering a bill that would create a state-run Bitcoin and digital assets reserve without buying crypto directly.

    Senate Bill 352 proposes funding the reserve using unclaimed digital property already held by the state, including abandoned crypto, airdrops, staking rewards, and interest. The fund would sit within the state treasury and be administered by the Kansas treasurer.

    Under the proposal, 10 percent of each deposit would flow into the general fund, while Bitcoin itself would be retained exclusively in the reserve.

    UBS explores crypto trading for private banking clients

    UBS Group (NYSE:UBS) is evaluating plans to offer cryptocurrency trading to select private banking clients, Bloomberg News reported, citing people familiar with the matter.

    The Swiss lender is said to be choosing partners to support buying and selling of Bitcoin and Ether for clients in Switzerland. The offering could later expand to Asia-Pacific and the United States if demand holds.

    While UBS has not confirmed the plans publicly, the move would align it with peers gradually opening crypto access. JPMorgan and Morgan Stanley have both signaled expanded digital asset offerings in recent months.

    Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

    (TheNewswire)

    Vancouver, Canada, January 23, 2026 TheNewswire – Spartan Metals Corp. (‘Spartan’ or the ‘Company’) (TSX-V: W | OTCQB: SPRMF | FSE: J03) announces its shareholders have approved the Company’s new 10% rolling stock option plan (the ‘Option Plan’) and it’s share unit plan (the ‘Share Unit Plan’) (collectively the ‘Equity Incentive Plans’) at the Company’s annual meeting of shareholders held on January 19, 2026 (the ‘Shareholders’ Meeting’).

     

    The Equity Incentive Plans provide the Company with the ability to issue stock options (‘Options‘), restricted share units (‘RSU’s‘) and deferred share units  (‘DSU’s‘) to directors, officers, employees or consultants of the Company or its subsidiaries. The aggregate number of common shares reserved for issuance in connection with the Option Plan shall not exceed 10% of the issued and outstanding common shares of the Company at the time of grant.  The number of shares reserved for issuance under the Share Unit Plan shall not exceed 2,500,000 common shares.

     

    Further details regarding the Equity Incentive Plans are included in the management information circular of the Company filed on SEDAR+ in connection with the Shareholders’ Meeting.

     

    The Company further announces it has granted an aggregate of 1,850,000 Options to directors, officers, employees and consultants of the Company in accordance with the Company’s Option Plan. These Options are exercisable at $0.395per share for a period of five years. The Company also announces that it has granted an aggregate of 682,000 DSU’s to directors and officers of the Company and 60,000 RSU’s to eligible persons of the Company. The DSUs and RSUs are governed by the Company’s Share Unit Plan and will be subject to applicable securities law hold periods.

     

    About Spartan Metals Corp.

    Spartan Metals is focused on developing critical minerals projects in well-established and stable mining jurisdictions in the Western United States, with an emphasis on building a portfolio of diverse strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic.

     

    Spartan’s flagship project is the Eagle Project in eastern Nevada that consists of one of the highest-grade historic tungsten resources in the USA (the past-producing Tungstonia Mine) along with significant under-defined resources consisting of: rubidium; antimony; bismuth; indium; as well as precious and base metals. More information about Spartan Metals can be found at www.SpartanMetals.com  

     

    On behalf of the Board of Spartan

    ‘Brett Marsh’

    President, CEO & Director

     

    Further Information:

    Brett Marsh, M.Sc., MBA, CPG

    President, CEO & Director

    1-888-535-0325

    info@spartanmetals.com

     

    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 press release

     

    Copyright (c) 2026 TheNewswire – All rights reserved.

    News Provided by TheNewsWire via QuoteMedia

    This post appeared first on investingnews.com

    On Monday (January 19), Statistics Canada released the consumer price index (CPI) figures for December. The data showed an uptick in inflation to 2.4 percent year-over-year, up from 2.2 percent in November.

    Much of the increase was driven by a 5 percent increase in grocery prices and an 8.5 percent increase in food purchased from restaurants. StatsCan noted that the rise coincides with the GST/HST holiday that began on December 14, 2024, which primarily affected those two categories. The holiday ended on February 15, 2025.

    Balancing out the increase were declines in prices at the pump, with gas prices falling 13.8 percent year-over-year, following a 7.8 percent decrease in November.

    The reporting agency also released its annual CPI review on Monday. In that release, StatsCan indicated that on an annual average basis, CPI rose 2.1 percent in 2025, after recording a 2.4 percent increase in 2024. The year’s growth rate also marked the smallest increase since 2020. However, over the past 5 years, consumer prices have increased by 19.9 percent.

    In 2025, energy prices declined 5.7 percent after a modest 0.6 percent decrease in 2024 due to the removal of the carbon tax. On the other hand, grocery prices rose by 3.5 percent in 2025, after a 2.2 percent increase in 2024.

    Statistics Canada released its November monthly mineral production survey on Tuesday (January 20). StatsCan noted that data from September and October were revised for this release, with October’s figures for gold, silver, and copper production receiving downward revisions.

    As for November’s numbers, gold production decreased to 18,086 kilograms compared to 18,342 kilograms in October. Meanwhile, copper production rose to 39.7 million kilograms from 39.3 million kilograms, and silver production fell to 23,198 kilograms from 27,169 kilograms.

    Gold shipments rose to 17,625 kilograms from 15,145 kilograms, and silver shipments grew to 27,799 kilograms from 26,207 kilograms. Copper shipments increased to 45.87 million kilograms from 26.45 million kilograms.

    This week also marked the latest meeting of the World Economic Forum in Davos, Switzerland. In a speech at the forum, Canadian Prime Minister Mark Carney made waves when he spoke of a rupture in the world order and the importance for middle powers to diversify their relationships amid the uncertainty that has arisen among the world’s superpowers.

    The speech was broadly hailed by world leaders, including Mexico’s President Claudia Sheinbaum, Finnish President Alexander Stubb and California Governor Gavin Newsom, who said, ‘I respect what Carney did because he had courage of convictions, he stood up, and I think we need to stand up in America and call this out with clarity.’

    However, some US leaders were less complimentary, with US Commerce Secretary Howard Lutnik calling the speech “political noise.” It may also be among the reasons that US President Donald Trump rescinded his invitation for Carney to join his newly minted “Board of Peace” on Thursday (January 22).

    For more on what’s moving markets this week, check out our top market news round-up.

    Markets and commodities react

    Canadian equity markets were mixed this week.

    The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 0.34 percent over the week to close Friday at 33,144.98, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) fared better, rising 5.53 percent to 1,154.15. The CSE Composite Index (CSE:CSECOMP) went the other way, losing 0.39 percent to close at 187.36.

    The gold price continued to trade at all-time highs this week, reaching US$4,989.94 on Friday afternoon. Overall, it gained 7.96 percent on the week to trade at US$4,984.92 by Friday at 4:00 p.m. EST.

    The silver price performed even better, officially hitting triple digit silver when it broke above US$100 per ounce on Friday at new highs. It posted a weekly gain of 11.19 percent, closing Friday at US$102.72. Silver has gained nearly 42 percent since the start of 2026 and 233 percent from this same time last year.

    In base metals, the Comex copper price rose 1 percent this week to US$5.98.

    The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) rose 3.61 percent to end Friday at 584.13.

    Top Canadian mining stocks this week

    How did mining stocks perform against this backdrop?

    Take a look at this week’s five best-performing Canadian mining stocks below.

    Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

    1. Euro Manganese (TSXV:EMN)

    Weekly gain: 134.29 percent
    Market cap: C$23.56 million
    Share price: C$0.41

    Euro Manganese is a manganese development company working to advance its Chvaletice waste recycling project. The operation is focused on extracting manganese from tailings that are part of a decommissioned mine site near Prague, Czechia. As part of the project’s scope, the company says it will carry out remediation and reclamation work to bring the site into compliance with environmental regulations.

    A 2022 feasibility study for the Chvaletice project indicates that it will produce 48,000 metric tons of manganese per year and is expected to have a project life of 25 years. In the study, the company reports a post-tax net present value of US$1.3 billion with an internal rate of return of 22 percent and a payback period of 4 years.

    Shares in Euro Manganese were up this week, but the company has not released news since January 13, when it announced that John Webster tendered his resignation from the company’s board of directors.

    Euro noted on Friday that it was unaware of any material change in its operations that could have caused the price rise.

    2. Kingfisher Metals (TSXV:KFR)

    Weekly gain: 106.35 percent
    Market cap: C$38.24 million
    Share price: C$0.65

    Kingfisher Metals is an exploration company focused on its HWY 37 project located in British Columbia, Canada.

    The property, located in BC’s Golden Triangle, covers 933 square kilometers and hosts several porphyry and epithermal copper and gold deposits, including Hank and Williams, which were identified during historical exploration of the site.

    On January 13, the company announced additional results from its 2025 exploration and drill program at HWY 37, releasing assays for three drill holes at the Williams deposit, two of which some of Williams’ longest copper intercepts yet. Kingfisher highlighted one hole, with grades of 0.47 percent copper equivalent over 889.35 meters, starting 3.65 meters from surface, which also included an interval of 1.16 percent copper equivalent over 40 meters.

    Then on Thursday (January 22), Kingfisher reported that it had received the final results from the program, this time in the form of a deep drill hole at the Hank epithermal gold-silver system. While the hole intersected Hank’s typical mineralisation in the upper half of the hole, starting at 534 meters it encountered a 425 meter interval grading 0.4 percent copper equivalent.

    The company said this represented a blind discovery, with no previous porphyry copper and gold mineralization being reported at Hank.

    “The final hole of the 2025 program validates our long-standing belief that the shallow Hank Au-Ag epithermal mineralization is driven by a large porphyry Cu-Au system,” said Kingfisher CEO Dustin Perry.

    3. Core Critical Metals (TSXV:CCMC)

    Weekly gain: 94.68 percent
    Market cap: C$15.04 million
    Share price: C$1.83

    Core Critical Metals is an exploration company working on its Timmins nickel project in Ontario, Canada. The company was previously known as Xander Resources but announced in August that it was changing its name to Core Critical Metals.

    The project holds a strategic position, with two properties totaling 393 claims located west along trend from Canada Nickel Company’s (TSXV:CNC,OTCQX:CNIKF) Crawford property and adjacent to Canada Nickel’s Reid discovery.

    On Monday, Core Critical Minerals issued a release congratulating Canada Nickel on the success of Crawford’s development. It also noted Crawford’s inclusion for the second tranche of projects from the Government of Canada’s Major Project Office in November 2025, and the more recent designation under Ontario’s One Project, One Process framework on January 13.

    Additionally, the company announced on January 15 that it had issued 1.24 million common shares to settle a C$400,000 exploration debt with the vendor of a property option agreement for the CNC West property. It followed this news the next day when it announced a two-for-one stock split on January 16.

    4. GoldHaven Resources (CSE:GOH)

    Weekly gain: 94.44 percent
    Market cap: C$10.3 million
    Share price: C$0.35

    GoldHaven Resource is an exploration and development company advancing projects in British Columbia and Brazil.

    Its most recent focus has been on its Magno project in BC’s Cassiar mining district. The property consists of 53 mineral claims covering 36,814.16 hectares and borders mineral claims held by Cassiar Gold (TSXV:GLDC,OTCQX:CGLCF) and Coeur Mining (NYSE:CDE).

    The site hosts silver, lead and gold mineralization at Magno North, with additional quantities of tin, indium and gallium. Porphyry targets at Magno West have shown mineralization with copper and molybdenum.

    Since the start of the year, the company has released a trio of updates from Magno.

    The first came on January 6, when it announced that preliminary assays from surface exploration confirmed the presence of silver, lead, zinc, tungsten and critical minerals across multiple zones at the property. The release highlighted grades of up to 2,370 grams per metric ton silver, 19.25 percent zinc, 6,550 parts per million (ppm) tungsten and 334 ppm indium.

    The second release came on January 14, providing additional information on its tungsten results, noting that exploration confirmed anomalous tungsten mineralization at the historical Kuhn and Dead Goat showings, and found a new tungsten zone at Vines Lake.

    The most recent release came on Thursday when GoldHaven reported that indium grades at the site show it is a ‘meaningful critical mineral component of the Magno system.’ These elevated grades were found to be restricted to the Magno and D Zones, as well as the Kuhn and Dead Goat showings.

    5. Ascot Resources (TSX:AOT)

    Weekly gain: 91.21 percent
    Market cap: C$38.24 million
    Share price: C$1.74

    Ascot Resources is a Canadian gold exploration and development company focused on the negotiating the restart of mining operations at its Premier gold project, and on its Red Mountain gold project.

    The site is located within the Golden Triangle area of Northern British Columbia, and hosts the Premier, Silver Coin and Big Missouri deposits, as well as one of only three mills in the region.

    Production at the mine began in April 2024, but operations were placed on care and maintenance in September 2024. At the time, the company said it had fallen behind schedule in developing the mine and did not have enough material to feed the mill.

    In an update from April 2025, the company said it was anticipating the mine would restart in early August at an initial rate of 1,250 metric tons per day. However, on June 25, Ascot announced that the mine would not restart as negotiations with mining contractor Procon Mining regarding the cost of mining services had stalled.

    On October 23, the company announced that the mine would remain on care and maintenance and that it had engaged Fiore Management to assist with restructuring, refinancing and enhancing the leadership team at Ascot.

    Since that time, the company has launched a fundraising effort, with the most recent news on December 31, when it announced it had closed the first tranche of a private placement raising C$809.1 million.

    In that release, President and CEO Robert McLeod stated that further detailed updates on Ascot’s plans, as well a proposed rebrand, would be coming in the weeks ahead. ‘We believe the rapid development of the high-grade, underground bulk-mineable Red Mountain Project is the key to the successful commissioning and operation of a centralized mill to process material from the multiple deposits in the Golden Triangle.”

    FAQs for Canadian mining stocks

    What is the difference between the TSX and TSXV?

    The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

    How many mining companies are listed on the TSX and TSXV?

    As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

    Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

    How much does it cost to list on the TSXV?

    There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

    The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

    These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

    How do you trade on the TSXV?

    Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

    Article by Dean Belder; FAQs by Lauren Kelly.

    Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

    Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com