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TSXV: DMCU; OTCQB: DMCUF; FSE: 03E) provides an exploration update. The company has received analytical results for 310 surface samples from the summerFall field campaign at the Smart Creek Project (‘Project’) in Montana. The program was designed to characterize known mineralized zones, refine drill target locations and identify new areas for follow-up exploration. The program has successfully identified high-grade gold, copper, and silver at the Smart Creek Project and has expanded all known targets and identified new high-grade copper, gold and copper mineralization across the property (Figures 1-4).

Gord Neal, CEO of Domestic Metals Corp. commented: ‘The 2025 field campaign was a success. These are the highest-grade field samples results I have ever been presented with in my career. In my experience these kinds of returns are harbingers of major economic discoveries. High grade mineralization has been identified in several locations, including new discovery areas. We look forward to firming up drill targets, deploying a targeted geophysics program followed by a diamond drill program in Q1, 2026’

Highlight High-Grade Assay Results

  • 102 g/t Au (Sample G019007)
  • 74.7 g/t Au, 13.8% Cu, 3810 g/t Ag (Sample G019235)
  • 30.4 g/t Au (Sample G019001)
  • 26.6 g/t Au (Sample G019353)
  • 23.1% Cu, 424 g/t Ag (Sample G019225)
  • 19.65% Cu, 458 g/t Ag (Sample G019031)
  • 19.05% Cu, 582 g/t Ag (Sample G019038)

Highlight, high-grade surface samples are provided in the table below:

Sample Easting Northing Sample Sample Copper Gold Silver
ID (m) (m) Lithology Type (%) (g/t) (g/t)
G019001 321345 5150400 Quartzite Outcrop 0.549 30.4 12
G019007 321365 5150392 Limestone Outcrop 0.377 102 20.7
G019029 326795 5148835 Siltstone Outcrop 6.75 0.313 173
G019031 326790 5148864 Siltstone Outcrop 19.65 0.877 458
G019038 326847 5148970 Siltstone Subcrop 19.05 0.763 582
G019082 321640 5151163 Marble Mine Dump 1.835 15.7 6.5
G019093 320056 5149968 Quartz Vein Prospect Pit 0.875 0.226 186
G019094 320870 5147635 Sandstone Mine Dump 0.073 1.5 222
G019151 321361 5150388 Dolostone Outcrop 0.787 15.05 15
G019219 326817 5148809 Limestone Subcrop 2.72 0.167 148
G019225 326843 5148971 Siltstone Outcrop 23.1 0.814 424
G019235 321541 5148233 Limestone Mine Dump 13.8 74.7 3810
G019238 321545 5148248 Limestone Mine Dump 2.19 9.45 359
G019298 325631 5148102 Limestone Mine Dump 4.00 0.259 161
G019353 321592 5150732 Breccia Trench/Float 2.63 26.6 55.2
G019378 320281 5149152 Breccia Mine Dump 0.329 0.487 157
G019379 326830 5149873 Siltstone Mine Dump 8.42 0.137 187
G019422 325394 5148187 Siltstone Mine Dump 7.88 0.301 134
G019427 325610 5148683 Siltstone Float 12.35 0.747 266
G019447 323588 5150514 quartz vein Test Pit 0.177 0.426 105
G019465 326802 5149930 Siltstone Mine Dump 16.1 0.007 9.5

Table 1. Highlight rock sample assay results for the 2025 exploration program

Summary

  • Domestic completed successful mapping, sampling and prospecting at the Smart Creek Project. The new data will be coupled with a geophysical (MT/IP) program in advance of drilling scheduled for Q1/2026.
  • Rock sample assays from outcrops, historic trenching, mines and workings demonstrate high-grade gold, copper, silver and zinc and confirms the project is prospective for porphyry copper deposits, carbonate replacement deposits (‘CRD’), skarn and exotic copper deposits.
  • 39 samples (out of 310) exceed 0.5 g/t Au, 43 samples (out of 310) exceed 1 % Cu, 35 samples (out of 310) exceed 30 g/t Ag, 31 samples (out of 310) exceed 0.1% Zn.
  • All targets (Sunrise Mine, Smart Creek, Radio Tower, Exotic Cu) are significantly expanded based on the results of the 2025 exploration program at the Project.

Figure 1. Project location, key targets, favourable geology, airborne magnetics, IP targets and highlight, selected high-grade rock samples from the 2025 surface sampling program at the Smart Creek Project

Domestic Metals 2025 Exploration Program Review

Domestic Metals completed a 40-day field campaign in August-September 2025 focused on geological mapping as well as several novel rock sampling techniques including: prospecting grab/composite grab samples and limestone sampling for trace metal vectoring. Sample subsets were also evaluated for alteration (slab and stain for potassic alteration related to porphyry mineralization), UV light evaluation (seeking metal contaminated calcite veins that can assist with vectoring toward CRD and porphyry mineralization), short-wave infrared evaluation (clay alteration vectoring) and portable XRF evaluation of iron oxide fracture fill (geochemical leakage vectoring technique to identify mineralization). Data from techniques other than the prospecting samples is currently being reviewed by Domestic Metals and will be the subject of future news release.

Figure 2. Property location, drill hole collars, favourable host rocks, IP targets, magnetic features and Surface rock sampling results (grab and composite grab samples) from the 2025 surface rock sampling program at the Smart Creek Project including copper geochemistry3

Figure 3. Property location, favourable host rocks, IP targets, magnetic features and Surface rock sampling results (grab and composite grab samples) from the 2025 surface rock sampling program at the Smart Creek Project including gold geochemistry3

Figure 4. Property location, favourable host rocks, IP targets, magnetic features and Surface rock sampling results (grab and composite grab samples) from the 2025 surface rock sampling program at the Project including silver geochemistry3

Smart Creek Porphyry Copper Project

The Smart Creek Copper Porphyry Project is a joint venture with Rio Tinto, where Rio will retain 40% of the asset. Rio drilled around 26 of the 40 permitted sites over 2.5 years as they vector toward the centre of the porphyry and at the Smart Creek Target returned 109.73 meter @ 0.75% Cu, which included 89 metres of 0.97% Copper (SMCR0022; see NR dated August 20, 2024)3

Exceptional rock sample results have been received from the 2025 field work, which highlights several opportunities including porphyry, skarn, CRD and structurally-controlled gold.

Of particular interest, the Smart Creek project area is underlain by geology that is highly prospective for CRD style deposits:

  1. The Helena Fm silty limestones are superb reactive trap rocks.
  2. Heat and fluid sources are abundant in this prolific western Montana porphyry belt.
  3. The CRD signature alteration footprints are widespread at Smart creek (marble and manganese oxides).
  4. Massive to semi-massive sulfides with excellent metal tenor have been sampled and mapped on the property.

Major deposits in the carbonate-hosted clan can yield high unit-value deposits with an excellent pedigree in the western unit states. Examples include the Copper Queen CRD deposit in the Bisbee Arizona District which yielded historic production of 53 Mt @ 6% Cu1,2. The Domestic Metals technical team has extensive experience with this style of mineralization and will systematically explore for the CRD deposit style at the Project using modern toolkits.

The geochemical data is enhancing known target areas and is allowing Domestic Metals to identify targets for follow up diamond drilling scheduled for late Q1, 2026. New target areas have also been identified for target work-up.

Technical Information

All scientific and technical information in this news release has been reviewed and approved by Daniel MacNeil, P.Geo. Mr. MacNeil is a Technical Advisor to the Company and is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Mr. MacNeil has verified the data disclosed in this news release, including the assay and test data underlying the information or opinions contained in this news release. Mr. MacNeil verified the data disclosed (including previously released Domestic data underlying the information disclosed) in this news release by reviewing imported and sorted assay data; checking the performance of blank samples and certified reference materials; reviewing the variance in field duplicate results; and reviewing grade calculation formulas. Mr. MacNeil detected no significant QA/QC issues during review of the data and is not aware of any sampling, recovery or other factors that could materially affect the accuracy or reliability of the drilling data referred to in this news release.

Samples were coarse crushed, fine crushed to 70% <2mm, split using a Boyd rotary splitter, pulverized up to 250g 85% <75micrometers. Analysis was conducted following 4-acid digestion (34 elements ICP-AES; ME-ICP61). Gold was analysed by 30g fire assay – AA finish (Au-AA23). Overlimits were evaluated by Au-GRA21, Ag-OG62, Cu-OG62, Zn-OG62 and Ag-GRA21. The company used ALS Labs in Reno, Nevada.

Samples with certified reference materials were inserted at intervals for ~5% of the submitted samples (15 standards total). QAQC results are satisfactory for the standards.

Disclosure Notes

1 Briggs, D.F., 2015, History of the Warren (Bisbee) Mining District. Arizona Geological Survey Contributed Report CR-15-b, 8 p.
2 Past producing deposits and development projects shown outside of the Smart Creek land position provide geologic context for the Property, but this is not necessarily indicative that the Property hosts similar grades or tonnages of mineralization.
3 Data disclosed in this news release includes historical drilling results and information derived from historic drill results, Domestic Metals has not undertaken any independent investigation of the sampling, nor has it independently analyzed the results of the historical exploration work to verify the results. Domestic considers these historical data relevant as the Company is using this data as a guide to plan exploration programs. The Company’s current and future exploration work includes verification of the historical data through drilling.

About Domestic Metals Corp.

Domestic Metals Corp. is a mineral exploration company focused on the discovery of large-scale, copper and gold deposits in exceptional, historical mining project areas in the Americas.

The Company aims to discover new economic mineral deposits in historical mining districts that have seen exploration in geologically attractive mining jurisdictions, where economically favorable grades have been indicated by historic drilling and outcrop sampling.

The Smart Creek Project is strategically located in the mining-friendly state of Montana, containing widespread copper mineralization at surface and hosts 4 attractive porphyry copper, epithermal gold, replacement and exotic copper exploration targets with excellent host rocks for mineral deposition.

Domestic Metals Corp. is led by an experienced management team and an accomplished technical team, with successful track records in mine discovery, mining development and financing.

On behalf of Domestic Metals Corp.

Gord Neal, CEO and Director
(604) 657 7813

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For more information on Domestic Metals, please contact:
Gord Neal, Phone: 604 657-7813 or Michael Pound, Phone: 604 363-2885

Please visit the Company website at www.domesticmetals.com or contact us at info@domesticmetals.com.

For all investor relations inquiries, please contact:
John Liviakis, Liviakis Financial Communications Inc., Phone: 415-389-4670

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

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain statements that may be deemed ‘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 may include, without limitation, statements relating to the Company’s continued stock exchange listings and the planned exploration activities on properties. 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, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to: competition within the industry; actual results of current exploration activities; environmental risks; changes in project parameters as plans continue to be refined; future price of commodities; failure of equipment or processes to operate as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or financing; risks related to indebtedness and the service of such indebtedness; as well as those factors, risks and uncertainties identified and reported in the Company’s public filings under the Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are made as of the date hereof and, accordingly, are subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

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Nextech3D.ai Launches AGORACOM Cashless AI Marketing Program

Correction: The number of warrants and common shares underlying the convertible notes was incorrectly reported as 2,299,412 common shares at a warrant exercise price/conversion price of $0.14/share. The corrected warrant exercise price/conversion price is $0.165/share and the corrected number of warrants and common shares underlying the convertible notes is 1,951,012

Correction: Nextech3D.ai Provides Shareholder Update on Krafty Labs Acquisition $321,917 CEO Investment

TORONTO, ON / ACCESS Newswire / January 8, 2026 / Nextech3D.ai (CSE:NTAR,OTC:NEXCF)(OTCQB:NEXCF)(FSE:1SS), an AI-first event technology and digital engagement company, is correcting the number of warrants and common shares underlying the convertible notes issued in connection with its recent acquisition of Krafty Labs from 2,299,412, to 1,951,012, issuable based upon a warrant exercise price and conversion price of $0.165 per share respectively. All securities issued pursuant to the transaction are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws, expiring on May 6, 2026.

In connection with the Company’s continued execution and growth strategy, Evan Gappelberg, Chief Executive Officer of Nextech3D.ai, invested $321,917 directly into the Company through an 18-month convertible note bearing 12% annual interest.

Key terms of the CEO investment include:

  • Term: 18 months

  • Conversion Option: At the CEO’s sole discretion, the note may be converted into 1,951,012 common shares at a fixed conversion price of $0.165 per share (correction)

  • Warrants Issued: As compensation, the CEO received 1,951,012 common share purchase warrants

  • Warrant Terms:

    • Exercise Price: $0.165 per share

    • Term: 3 years

Mr. Gappelberg will continue to be the Company’s largest shareholder, currently owning 32,757,017 common shares, further reinforcing strong alignment between management and shareholders.

The transaction constitutes a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 on the basis that the transaction does not exceed 25% of the Company’s market capitalization. The transaction is subject to approval of the Canadian Securities Exchange (CSE).

Management believes this insider investment reflects confidence in Nextech3D.ai’s strategy, execution, and long-term growth prospects.

Strengthening an AI-First Event Platform

The combination of Krafty Labs’ enterprise-grade engagement capabilities with Nextech3D.ai’s existing event technology stack is expected to drive increased average contract values, deeper customer relationships, and enhanced monetization opportunities across in-person, virtual, and hybrid events.

Agoracom:

The also company announces the launch of a 12-month online marketing campaign with AGORACOM that will feature industry leading AI generated content to reach investors of all demographics around the world. In addition, Nextech3D.ai will launch a Verified Forum on AGORACOM that will provide moderated, civilized engagement between management and shareholders. The Company will pay $0 in cash for the program, utilizing AGORACOM’s cashless, fully compliant shares-for-services program.

AGORACOM, a pioneer in online investor relations for over 25 years, has launched its AI Content Showcase to help companies like Nextech3D.ai tell their stories faster and more emotionally through cinematic AI videos, avatars, and multilingual content. Nextech3D.ai gains exposure across AGORACOM’s network of 9 million investors, 900+ million page views, and industry-leading engagement, supported by verified forums that ensure transparent communication and protection against misinformation.

SHARES FOR SERVICES

FEES: $CDN 125,000 + HST
$25,000 worth of shares (+HST) will be issued in 5 instalments:

  • Commencement

  • $25,000 + HST shares for services at the end of the third month: March 8, 2026

  • $25,000 + HST shares for services at the end of the sixth month: June 8, 2026

  • $25,000 + HST shares for services at the end of the ninth month: September 8, 2026

  • $25,000 + HST shares for services at the end of the term: January 31, 2027

The deemed price of the securities to be issued will be determined after the date services are provided to the advertiser in each period, calculated using the closing price on the Canadian Securities Exchange on each of the dates as stated above.

About Nextech3D.ai

Nextech3D.ai is an AI-powered technology company specializing in 3D asset generation, spatial computing, and comprehensive AI Event Solutions for virtual, hybrid, and in-person experiences. Through Map Dynamics, Eventdex, and Krafty Labs, Nextech3D.ai delivers a unified global platform for Google, Microsoft, Netflix, Oracle, Yelp, ZoomInfo, Spotify, Meta conferences, expos, corporate activations, learning programs, and enterprise engagement.

Website: www.Nextech3D.ai
Investor Relations: investors@nextechar.com

For further information, please visit: www.Nextech3D.ai.

Investor Relations: investors@nextechar.com

For more information, visit Nextech3D.ai.

Sign up for Investor News and Info – Click Here

Evan Gappelberg /CEO and Director
866-ARITIZE (274-8493)

Forward-Looking Statements
This news release contains ‘forward-looking statements’ within the meaning of applicable securities laws, including statements regarding the proposed acquisition of Krafty Labs, the anticipated timing and consideration, expected benefits and synergies, product integrations, and growth opportunities. Forward-looking statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. There can be no assurance that the proposed transaction will be completed as anticipated or at all. Nextech3D.ai disclaims any obligation to update forward-looking statements except as required by law.

Forward-looking Statements
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute ‘forward-looking information’ under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, ‘will be’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws

SOURCE: Nextech3D.ai Corp

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Nobel Resources Corp. (TSX V: NBLC) (the ‘Company’ or ‘Nobel’) is pleased to announce commencement of mobilization by the Company’s diamond drill contractor to the Cuprita copper project (‘Cuprita’ or the ‘Project’) and drilling will commence during the week of January 12th. All necessary permits for this initial drilling at Cuprita have been received from the local authorities.

Larry Guy, Chairman and CEO of Nobel, states: ‘During 2025, our technical team identified highly prospective near surface copper targets at the Cuprita project. We are excited to commence drilling this large-scale, mineralized alteration system characterized by widespread copper minerals in outcrop. Nobel is the first company to drill test Cuprita, a copper project with exciting potential, in a prolific copper mining region of Chile. This is a fabulous start to 2026 for the Company.’

About Cuprita

Cuprita is a highly prospective copper porphyry project in the Atacama region of northern Chile. Cuprita is part of the Metallogenic Paleocene Porphyry Copper Belt that hosts several major porphyry copper deposits such as El Salvador, Cerro Colorado, Spence, Sierra Gorda, Fortuna, as well as several gold deposits. The Project sits on a very important north-northeast trending major structural corridor crosscut by a Northwest trending secondary structure. This structural setting is almost identical to the structural setting of the world class Spence, Sierra Gorda and El Salvador porphyry deposits to the north. Nobel geologists have identified multiple key geologic characteristics consistent with a potentially buried porphyry.

During the 2025 field campaigns, Nobel geologists identified a leach cap at Cuprita with an associated copper, lead and zinc anomaly in soils. The leach cap and soil anomaly are located adjacent to a ground magnetic low and are situated near the intersection of a major north-northeast striking fault structure with numerous northwest striking quartz veins with copper oxides. Intersecting major faults is a common, if not essential, structural control for the emplacement of copper-gold porphyries in the region (Figure 1).

The presence of strongly anomalous copper in soil on the flanks of the leach cap is an important positive indicator supporting the potential for a buried mineralized porphyry deposit at the Cuprita project. The highest copper in soils values identified to date occur southeast of the outcropping leach cap (Figure 1). Much of the soil anomaly exhibits soil values more than 300% above the expected background levels of the area. In addition, the leach cap and soils anomaly are coincidental with a ground magnetic low (figure 2) which is a common indicator associated with mineralized systems in the region, where hydrothermal processes have replaced the magnetic minerals.

The presence of a leach cap at Cuprita is exceptionally encouraging in a regional context. Leach caps are a key feature of intact porphyry systems in this region (Figure 3, Conceptual Model). Recirculation of acidic fluids from the buried porphyry below often leave a bleached or iron oxide ‘rusty’ appearance on surface. The leach cap identified by Nobel geologists exhibits classic hydrothermal alteration similar to that found above a buried porphyry. The presence of copper oxides, quartz veins and remanent sulfides indicates potential for mineralization under the leach cap, which fits the classic geological model for the region.

Geological mapping has also identified a large area of tourmaline breccias covering much of the target, also considered an additional favorable pathfinder, characteristic of productive porphyry systems.

Figure 1: Compilation map showing the drill hole collars in relation to the extensive leached cap (lithocap) and associated structures, quartz-copper veins, soil geochemical anomalies, tourmaline breccias associated with a magnetic low, that comprise the key criteria for a mineralized porphyry target.

Figure 2: Location of the proposed prioritized drill holes in the most prospectives identified zones showing geophysical mag anomaly and outcropping mineralized veins.

Figure 3: Section View IP 7055700N Chargeability Inversion. Projected proposed drill holes 2 and 3.

Grant of Stock Options and Restricted Share Units

Nobel has issued a total of 3,900,000 stock options (‘Options’) to purchase common shares of the Company to certain officers and directors pursuant to the Company’s Stock Option Plan. Such Options are exercisable into common shares of the Company at an exercise price of $0.05 per common share for a period of three years from the date of grant.

In addition, the Company has issued a total of 3,600,000 restricted share units (‘RSUs’) to certain directors and officers of the Company in accordance with the Company’s Restricted Share Unit and Deferred Unit Plan. The RSUs will vest annually in equal installments over a three-year period beginning on the one-year anniversary of the grant date.

The grant of the Options and the RSUs is subject to the approval of the TSX Venture Exchange.

Qualified Person

The scientific and technical information in this news release has been reviewed and approved by Mr. David Gower, P.Geo., as defined by National Instrument 43-101 of the Canadian Securities Administrators. Mr. Gower is a consultant of Nobel and is not considered independent of the Company.

About Nobel

Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects. The Company has a team with a strong background of exploration success.

For further information, please contact:

Lawrence Guy
Chairman and Chief Executive Officer
+1 647-276-0533

Vincent Chen
Investor Relations
vchen@nobel-resources.com
www.nobel-resources.com

Cautionary Note Regarding Forward-Looking Information

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, the mineralization and prospectivity of the Project, the Company’s ability to explore and develop the Project, the Company’s exploration program, the granting of compensation securities, the Company’s ability to obtain adequate financing and the Company’s future plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’. Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Nobel, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; risks associated with operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign operations risks; and other risks inherent in the mining industry. Although Nobel has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Nobel does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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

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Critical Mineral Resources plc (“CMR”, “Company”) is pleased to report that its newly commissioned diamond drill rig has successfully produced its first core from Zone 1 North, marking an important operational milestone and supporting the next phase of exploration and project advancement.

The hole was drilled to a depth of 30m and includes core with observable copper mineralisation. The rig has now moved to the next pad where drilling has already commenced. The next set of assay results are expected in early February.

The rig’s commissioning was completed efficiently and included the integration of a Moroccan-sourced water recycling system.

Key Highlights

  • First core has been recovered at Zone 1 North from the Company’s recently commissioned diamond rig
  • Visible copper mineralisation observed in the core, consistent with the Company’s expectations and many of the previous holes
  • Company-owned drill rig expected to underpin lower drilling costs and improved drilling flexibility
  • The drilling team has provided very positive feedback about the Multi-Power Discovery HD rig
  • Rig’s capability provides optionality to test deeper targets, including the potential source of mineralised rhyolite
  • Strong, experienced Morocco-based team positioned to support an accelerated programme through 2026

Fig.1 First drill core from recently commissioned diamond drilling rig with observable copper mineralisation

Source: Company

Charlie Long CEO commented:

“The commissioning of our company owned drill rig is a genuine step-forward for the project. Having this capability in-house gives us far greater control over the drill programme and paves the way for reduced drilling costs.

Our drilling team is reporting that the Multi-Power Discovery HD is powerful, productive and straightforward to operate, making rapid progress through carbonate and igneous rocks. Importantly it also provides us with the capability to explore deeper targets as required, including as we continue hunting for the source of the mineralised rhyolite.

Credit goes to our Moroccan drilling team, expertly led by our COO Noureddine, and our dedicated JV partner, who commissioned the rig smoothly and installed a locally sourced water recycling system without issue. Morrocco continues to stand out as highly capable mining jurisdiction, not only for its regulatory environment but the depth of practical expertise available on the ground.

That expertise will be increasingly important through 2026, as we progress Agadir Melloul towards production, supported by Moroccan experts with direct experience of developing and building multiple mines, including copper floatation operations”

Competent Person Statement

The technical exploration and mining information contained in this announcement has been reviewed and approved by Mr. Robert Nigel Chapman. Mr. Chapman has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity to which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves and as a qualified person under the AIM Note for Mining, Oil and Gas Companies. Mr. Chapman is an employee of Luna Recursos Naturales SAC, an independent geological consultancy established in 2014 and is a Member of the Australasian Institute of Geoscientists (A.I.G.) Mr. Chapman has visited Agadir Melloul and consents to the inclusion in this Announcement of such information in the form and context in which it appears.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

Critical Mineral Resources PLC

Charles Long, Chief Executive Officer

info@cmrplc.com

AlbR Capital

Jon Belliss

+44 (0) 20 7399 9425

Notes To Editors

Critical Mineral Resources (CMR) PLC is an exploration and development company focused on developing assets that produce critical minerals for the global economy, including those essential for electrification and the clean energy revolution. Many of these commodities are widely recognised as being at the start of a supply and demand super cycle.

CMR is building a diversified portfolio of high-quality metals exploration and development projects in Morocco, focusing on copper, silver and potentially other critical minerals and metals. CMR identified Morocco as an ideal mining-friendly jurisdiction that meets its acquisition and operational criteria. The country is perfectly located to supply raw materials to Europe and possesses excellent prospective geology, good infrastructure and attractive permitting, tax and royalty conditions. In 2023, the Company acquired an 80% stake in leading Moroccan exploration and geological services company Atlantic Research Minerals SARL.

The Company is listed on the London Stock Exchange (CMRS.L). More information regarding the Company can be found at www.cmrplc.com

Source

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TORONTO, ON / ACCESS Newswire / January 7, 2026 / 55 North Mining Inc. (CSE:FFF,OTC:FFFNF)(FSE:6YF) (‘55 North‘ or the ‘Company‘) is pleased to announce that it has completed the required property payment on its Last Hope Gold Project (the ‘Project’), resulting in 55 North now owning 100% of the property.

With the property payment complete, 55 North has initiated mobilization of a drill rig to the Project site and expects to commence drilling in mid-January as part of its 2025-2026 drill program. The Company anticipates providing drill results approximately eight to ten weeks following completion of drilling, subject to laboratory turnaround times.

Drill Program Objective: Grow the Resource

The planned drill program will focus on step-out drilling to the south of the Company’s existing zones. The Company plans to drill fences comprised of two to three holes approximately every 120 metres along strike, expanding the footprint of known mineralization and testing for potential extensions over an approximately 800-metre strike length.

‘Securing full ownership of Last Hope is a major milestone for 55 North,’ said Bruce Reid, CEO of 55 North Mining. ‘With drilling expected to begin in mid-January, we will focus on step-out drilling designed to test potential extensions of known mineralization and support an updated geological model. The results from this program will guide our plans for an updated mineral resource estimate later in 2026.’

Updated Resource Estimate Expected Later in 2026

Following the 2025-2026 drill program, 55 North plans to deliver an updated mineral resource estimate later in the year, integrating the new drill results. The previous mineral resource estimate at the Last Hope Gold Project was completed in September 2021 based on a US$1,650/oz gold price. With gold prices now materially higher, updated price assumptions may support a lower cut-off grade and a larger reported resource.

Upcoming Catalysts

  • Mid-January 2026: Drill program commencement

  • Following Completion (approx. 8-10 weeks): Drill results expected (subject to laboratory turnaround)

  • Later in 2026: Updated mineral resource estimate

Qualified Person

Peter Karelse, P.Geo. a ‘qualified person’ as defined under National Instrument 43-101, has reviewed and approved the scientific and technical information contained in this release. Peter Karelse is not independent of 55 North Mining, as he is the Company’s Head of Exploration.

About 55 North Mining Inc.

55 North Mining Inc. is a Canadian exploration and development company advancing its high-grade Last Hope Gold Project located in Manitoba, Canada.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr. Bruce Reid
Chief Executive Officer
55 North Mining Inc.
Phone: 647-500-4495
bruce@mine2capital.ca

Mr. Vance Loeber
Corporate Development
Phone: 778-999-3530
cvl@tydewell.com

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release contains ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of applicable securities laws. Forward-looking statements in this news release include, but are not limited to, statements regarding the timing of mobilization and drilling, the expected timing of drill results, the scope and objectives of the drill program, and the timing and completion of an updated mineral resource estimate.

Forward-looking statements are based on management’s expectations and assumptions as of the date hereof and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: delays in mobilization or drilling; weather, logistics and site conditions; availability of equipment, personnel and contractors; receipt and timing of assay results; exploration results not being consistent with expectations; and general market conditions.

SOURCE: 55 North Mining Inc.

View the original press release on ACCESS Newswire

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Denison Mines (TSX:DML,NYSEAMERICAN:DNN) is ready to move forward with construction of its flagship Phoenix In-Situ Recovery (ISR) uranium project in northern Saskatchewan, pending final regulatory approvals.

The project, which is part of the Wheeler River property and expected to begin production by mid-2028, will mark Canada’s first new large-scale uranium mine since Cigar Lake.

“After another year of significant investment and progress, Denison stands ready to make a final investment decision and commence construction of the Phoenix ISR mine proposed for our flagship Wheeler River property,” said David Cates, Denison’s president and CEO.

Regulatory and planning milestones have brought the project to a construction-ready state. Last month, the Canadian Nuclear Safety Commission (CNSC) concluded its public hearings on the project’s environmental assessment and licensing, while the Province of Saskatchewan granted initial approval for early earthworks.

Procurement planning is nearly complete, with long-lead items such as electrical infrastructure already on schedule for shipment.

Denison has also updated its initial capital cost estimate for the Phoenix project to approximately US$437 million, which includes inflation, procurement progress, and engineering refinements.

This figure represents a 20 percent increase relative to the 2023 feasibility study. Despite this, the company emphasized that no further adjustments are expected prior to construction.

The Phoenix ISR project is expected to be completed within a two-year construction timeline, supporting both the current fleet of Canadian nuclear reactors and future advanced reactor designs.

In-situ recovery, the method planned for Phoenix, involves dissolving uranium underground and pumping it to the surface, a technique used in over half of global uranium production but not yet implemented in Canada.

Phoenix hosts the high-grade Phoenix and Gryphon deposits, discovered in 2008 and 2014 respectively, and is a joint venture between Denison and JCU Exploration Company Limited, with Denison acting as operator.

If approvals are received in the first quarter of 2026, Denison expects to commence construction promptly, keeping the project on track for first uranium output in mid-2028.

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

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Here’s a quick recap of the crypto landscape for Wednesday (January 7) as of 9:00 a.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$92,639.95, down by 2.0 percent over 24 hours.

Bitcoin price performance, January 7, 2025.

Chart via TradingView

Ether (ETH) was priced at US$3,253.52, down by 1.2 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$2.28, down by 5.6 percent over 24 hours.
  • Solana (SOL) was trading at US$139.36, down by one percent over 24 hours.

Today’s crypto news to know

Morgan Stanley files for Bitcoin, Solana, Ethereum ETFs in late crypto push

Morgan Stanley has filed registration statements for Bitcoin and Solana exchange-traded products, marking its first direct entry into the rapidly expanding US crypto ETF market.

Later, the bank also submitted paperwork for an Ethereum trust, signaling a broad-based push into digital assets rather than a single-product experiment.

The filings outline trusts that would hold the underlying assets, with the Solana product set to include a staking component that would generate yield from network participation. The trusts would be sponsored by Morgan Stanley Investment Management, according to regulatory documents.

Following intensifying competition among traditional asset managers, Morgan Stanley has gradually widened crypto access for clients, including opening limited exposure through its wealth management arm last year.

Bitcoin ETF outflows pick up as rally loses steam

US-listed spot Bitcoin ETFs recorded net outflows of US$243 million as Bitcoin’s early-2026 rally showed signs of cooling.

The flows were uneven across issuers, with BlackRock’s IBIT attracting US$228 million even as Fidelity’s FBTC led redemptions at $312 million, according to SoSoValue data. Additional outflows were also logged at Grayscale’s GBTC and smaller issuers.

The pullback followed Bitcoin’s retreat from a weekly high above US$94,000 to just over US$92,000 amid a wave of liquidations.

In contrast, Ethereum and Solana spot ETFs continued to draw capital, reinforcing the idea among investors that risk appetite has narrowed rather than disappeared.

Strategy shares rise after MSCI abandons index exclusion plan

Shares of Strategy (NASDAQ:MSTR) climbed in premarket trading after MSCI dropped a proposal to exclude crypto treasury firms from its equity indexes.

The decision eased near-term concerns for companies that hold large digital asset positions as part of their balance sheets, often referred to as digital asset treasury companies. MSCI had argued that such firms resemble investment funds, which are typically barred from inclusion, a stance that rattled the sector when floated last fall.

Strategy, formerly MicroStrategy, is widely viewed as the archetype of the model after amassing a massive Bitcoin position beginning in 2020.

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.

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(TheNewswire)

‘The LiDAR survey was highly successful in confirming the 1,600 metre known strike length of the Dos de Mayo vein system and, perhaps more importantly, has identified new structures, often with artisanal workings that may indicate the presence of vein material,’ stated Robert Archer, Pinnacle’s President & CEO.  ‘The sheer number of historic shafts, adits and pits interpreted from the LiDAR survey underscores the prospectivity of the project and, to date, we have focused only on the northernmost 10% of the property.  As such, we are adding to our geological team to follow up on these new targets.’


Click Image To View Full Size

Figure 1:  El Potrero Project Showing Two Claim Blocks and Artisanal Workings Interpreted from LiDAR


Click Image To View Full Size

Figure 2:  El Potrero Block Showing Artisanal Workings Interpreted from LiDAR Defining Main Dos de Mayo Trend and New Target Areas

On the northern, or ‘El Potrero’, claim block (Figure 2), the majority of the 3 shafts, 50 adits and 29 pits clearly outline the known trace of the Dos de Mayo vein system and the more limited exposures of the El Capulin and La Estrella veins.  However, the LiDAR also indicates the potential for an extension to this system to the southeast, across the river valley, where it would be hosted in similar andesitic rocks.  In addition, there appears to be a previously unknown northeast-southwest trend on the southeast side of the valley, also in andesites, while similar northeast-southwest trends are observed in the southwest section, presumably hosted by intrusive rocks according to government regional geology maps.  This latter scenario could give rise to a different, intrusive-related, style of mineralization.  Regionally, northeast-trending structures pre-date the northwesterly trend and are host to the Ag-Pb-Zn-Au veins of the Topia Mine, 13 kilometres to the southwest.

On the separate Maria Fernanda 2 (‘MF2′) claim block to the southwest (Figure 3), 3 shafts, 14 adits and 22 pits are somewhat scattered across the concession.  While this area has never been explored by modern methods, government maps indicate a northwest-southeast trending structure passing through the middle of the block, parallel to the Dos de Mayo system and to the regional structural trend.  The LiDAR also indicates a number of smaller structures perpendicular to this trend.  The road from Topia passes through the middle of the block and road cuts locally display intense argillic alteration and pervasive chloritization with minor pyrite that, collectively, may be indicative of a buried hydrothermal system.  Several of the pits interpreted from the LiDAR appear to lie in close proximity to this zone. Pinnacle’s geological team is planning a systematic and thorough evaluation of the area, commencing early in the New Year.  


Click Image To View Full Size

Figure 3:  MF2 Block Showing Artisanal Workings Interpreted from LiDAR, Structure and Alteration

The LiDAR survey covered the entire 11 km2 property and was flown by Eagle Mapping Ltd. of Langley, British Columbia.  Reprocessing and interpretation of the data was conducted by GeoCloud Analytics of Melbourne, Australia.

LiDAR, or Light Detection and Ranging, is a remote sensing technology that uses laser light to ‘see through’ vegetation and soil cover to measure distances, with 15-30 cm scale accuracy, to underlying rock surfaces.  In this way, it can map out features such as structures and lithological contacts that can be related to mineralization but may not be exposed at surface.  The survey also included colour aerial photography with 10-15 cm resolution that will assist in surface exploration and planning of infrastructure upgrades.

Qualified Person

Mr. Jorge Ortega, P. Geo, a Qualified Person as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.

 

About the Potrero Property

El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).

High-grade gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length.  The property has been in private hands for almost 40 years and has never been systematically explored by modern methods, leaving significant exploration potential.

A previously operational 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres.  

Pinnacle will earn an initial 50% interest immediately upon commencing production.  The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company’s ownership to 100% subject to a 2% NSR.  If successful, this approach would be less dilutive for shareholders than relying on the equity markets to finance the growth of the Company.

About Pinnacle Silver and Gold Corp.

Pinnacle is focused on the development of precious metals projects in the Americas.  The high-grade Potrero gold-silver project in Mexico’s Sierra Madre Belt hosts an underexplored low-sulphidation epithermal vein system and provides the potential for near-term production. In the prolific Red Lake District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project with an eight-kilometre-long target horizon.  With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long-term, sustainable value for shareholders.

 

Signed: ‘Robert A. Archer’

President & CEO

For further information contact:

Email:        info@pinnaclesilverandgold.com

Tel.:  +1 (877) 271-5886 ext. 110

Website: www.pinnaclesilverandgold.com

 

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2026 TheNewswire – All rights reserved.

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Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce that further to the Company’s News Release on September 12, 2025, it has closed the acquisition with Pedreiras do Brasil S.A. (‘Pedreiras’) a company controlled by Vitoria Stone, securing the rights to exploit the Pedreiras mining tenement at the Santa Maria Eterna Silica Sand District in the municipality of Belmonte, Bahia, Brazil, granted under a lease agreement with Companhia Bahiana de Pesquisa Mineral (CBPM). This is the third and final CBPM lease acquisition by Homerun marking another significant step in the continuing strategic plan to consolidate control over the Santa Maria Eterna Silica Sand District.

The newly acquired Pedreiras tenement is fully permitted with a low royalty rate of R$ 30.17 per extracted tonne.

The acquisition value is settled by the issuance of US$1,200,000 in Homerun common shares and US$200,000 in share purchase warrants, as per the following:

Issuance of Common Shares: the US$ 1,200,000 acquisition price is being paid through the issuance of common shares of the Company, valued at CA$1.00 per share. For conversion purposes, the exchange rate of the US dollar (USD) to the Canadian dollar (CAD) is fixed at 1 USD = 1.38 CAD to set the number of shares at 1,656,000.

Issuance of Warrants: Without prejudice to the payment provided above and as an additional component, US$ 200,000 in warrants, exercisable into Homerun common shares for a period of one year at CA$1.00 per share. For conversion purposes, the same exchange rate of 1 USD = 1.38 CAD, will be used to set the number of warrants at 276,000.

The issuance of the Homerun common shares and warrants was subject to the approval of the TSX Venture Exchange. The Homerun securities issued under the terms of this agreement are now subject to a standard 4-Month statutory hold period. Pedreiras agrees to contact Homerun regarding the sale of any Homerun common shares and also agrees to limit the sale of the Homerun common shares in any given month to 100,000.

About Homerun (www.homerunresources.com / www.homerunenergy.com)

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.

  • ⁠Silica: Secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials.
  • Solar: Development of Latin America’s first dedicated 1,000 tonne per day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance.
  • Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.
  • ⁠Energy Solutions: AI-enabled energy management, control systems, and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.

With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets-creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.

On behalf of the Board of Directors of
Homerun Resources Inc.

‘Brian Leeners’

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279591

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Canada is undermining its own mining advantage as persistent policy uncertainty continues to erode investor confidence across large parts of the country, according to new commentary from the Fraser Institute.

Julio Mejía, a policy analyst, and Elmira Aliakbari, director of natural resources studies at the Fraser Institute, argue that regulatory ambiguity, and not resource quality, is increasingly the decisive factor shaping investment decisions in the mining sector.

“Bad policies create uncertainty and deter investment,” the authors wrote, warning that without predictable rules and permitting frameworks, Canada risks falling behind competing jurisdictions that offer clearer pathways to project development.

Despite being one of the most mineral-rich jurisdictions in the world, Canada has struggled to translate geology into sustained capital investment.

The consequences are already visible in the data. Mining exploration spending slipped from around US$3.3 billion in 2022 to US$3.1 billion in 2023, with early figures pointing to another decline in 2024.

Broader mining investment totaled approximately US$11.3 billion in 2023, well below the inflation-adjusted peak reached more than a decade earlier.

Furthermore, several prominent companies such Solaris Resources, Falcon Energy Materials, and Barrick Mining, have either moved headquarters out of Canada or signaled they are weighing similar steps.

The commentary further underscores that these decisions are less about commodity prices and more about jurisdictional risk. While provinces such as British Columbia, Yukon, and Manitoba boast world-class mineral potential, investors routinely cite uncertainty around land claims, protected areas, and environmental approvals as reasons to hesitate or redirect capital.

This regulatory friction, the authors note, stands in sharp contrast to US mining jurisdictions. In states such as Nevada, Arizona, and Wyoming, investors report far lower levels of concern over land tenure and environmental permitting, even when mineral endowment is comparable.

The result is a widening competitiveness gap at a time when mining capital is increasingly mobile.

The authors argue that Canada should, in theory, be well positioned to benefit from that trend. Instead, they warn that inconsistent rules and overlapping regulatory processes are dulling the country’s appeal just as capital is seeking scalable, lower-risk opportunities.

That erosion matters beyond corporate balance sheets. Mining was Canada’s second-largest export sector in 2023, generating approximately US$86.6 billion in economic output and supporting more than 700,000 jobs. The industry also pays wages nearly double the national average and remains one of the largest private-sector employers of Indigenous workers.

The Fraser Institute’s annual survey of mining companies—now in its 26th year—is cited as evidence of how these policy concerns translate into investor sentiment.

While Saskatchewan, Newfoundland and Labrador, and Alberta continue to score well on regulatory perception, several other provinces rank poorly despite strong geology, reinforcing the argument that policy choices, not mineral scarcity, are driving investment outcomes.

Reversing the trend, according to Mejía and Aliakbari, does not require lowering environmental or social standards, but rather clarifying them.

Predictable timelines, consistent land-use decisions, and coherent permitting frameworks would allow companies to assess risk more accurately and commit capital with greater confidence.

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

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