Blackstone Merger to Acquire World Class Copper Gold Project

Blackstone Merger to Acquire World Class Copper Gold Project

Blackstone Minerals (BSX:AU) has announced Blackstone Merger to Acquire World Class Copper Gold Project

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Promising new source of low-carbon, battery-grade nickel

Blackstone Minerals - Investor Presentation - February 2025

Blackstone Minerals - Investor Presentation - February 2025

Blackstone Minerals (BSX:AU) has announced Blackstone Minerals - Investor Presentation - February 2025

Download the PDF here.

Silver47 Announces Closing of Third Tranche and Upsize of Non-Brokered Private Placement from $8 Million to $11 Million

Silver47 Announces Closing of Third Tranche and Upsize of Non-Brokered Private Placement from $8 Million to $11 Million

Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF) ("Silver47" or the "Company") is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced non-brokered private placement (the "Private Placement") from $8 million to $11 million (the "Upsize"). The Company also intends to complete the third tranche (the "Third Tranche") of the Private Placement on March 21, 2025. The closing of the Third Tranche, along with the Upsize, will be completed as part of the same financing, as set out in the Company's news releases dated February 19 and 24, 2025.

Pursuant to the Third Tranche, the Company will issue approximately 3,871,000 units at a price of $0.50 each, for gross proceeds of approximately $1,935,500. Completion of the Third Tranche will result in the Company having issued an aggregate of 14,938,400 units and 929,192 flow-through units (at a price of $0.57 per flow-through unit) for aggregate proceeds under the Private Placement of $7,998,839.

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REPEAT -- Independent Survey Confirms Public Support for Falco Horne 5 Project

REPEAT -- Independent Survey Confirms Public Support for Falco Horne 5 Project

Falco Resources Ltd. (TSX.V: FPC) (" Falco" or the " Company" ) is pleased to publish the results of an independent survey of the population of Rouyn-Noranda and Abitibi-Témiscamingue conducted by Léger regarding the understanding and social acceptability of the Falco Horne 5 underground mine project (the " Project" ).

Three out of four people support the Project

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Questcorp Mining Announces Closing of Oversubscribed Private Placement Financing

Questcorp Mining Announces Closing of Oversubscribed Private Placement Financing

Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce that it has closed its non-brokered private offering (the "Offering") of 45,832,539 units (each, a "Unit") at a price of $0.06 per Unit for gross proceeds of $2,749,952. Each Unit consists of one common share of the Company and one common share purchase warrant entitling the holder to acquire a further common share of the Company at a price of $0.10 until March 19, 2027 (each, a "Warrant").

Certain insiders of the Company participated in the Offering for an aggregate of 1,683,750 Units. Such participation represents a related party transaction subject to Multilateral Instrument 61-101 - Protection of Minority Holders in Special Transaction ("MI 61-101"). The transaction is however exempt from the formal valuation and minority shareholder approval requirements provided under subsections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the fair market value of the Units acquired by the insiders in the Offering did not exceed 25% of the Company's market capitalization.

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Vertex Minerals Limited  Reward Gold Mine Underground Loader Purchased

Vertex Minerals Limited Reward Gold Mine Underground Loader Purchased

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce the purchase of an Aramine L350D Loader to be incorporated into the underground fleet at the Reward Gold Mine. The loader is specifically designed for small size gold mining. For its size it is very powerful with a 4t carrying and loading capacity. It is also a very comfortable and safe machine to operate, as it has its cabin in the centre of the machine.

Vertex has purchased the L350D loader for production work in the Reward Mine. It will be fitted with remotes so that the machine can be operated from a remote location. This enables Vertex to undertake long hole stoping which requires the loader to operate in unsupported ground. The new L350D loader has an 8-week delivery time.

On a separate front, engineering staff have been exploring the areas of the mine above the 640 Amalgamated level. These areas are presently accessible by ladders only but will eventually be accessible by an incline ramp for access with jumbos and loaders.

Figures 3* and 4* show current faces with multiple vein exposures up to 6m in width. This represents an exciting opportunity for mining significantly wider stopes than the 1.5m wide stopes envisaged in the PFS. The inclusion of the ore sorter in the processing plant means that Vertex can reject the waste rock between the veins prior to gravity processing.

This ability to sort quartz from country rock is significant as it changes the mining economics of this style of mineralisation. (refer to VTX ASX announcement 24th September 2024) While sampling and assay of these faces remain to be completed, these exposures provide an indication that wider stope widths are possible in some areas and are likely to have a positive impact on stope productivity.

Vertex Director and Mining Engineer Declan Franzmann commented:

"The purchase of a tele-remote capable underground loader provides the flexibility to mine wider stopes using modern mining techniques. The inclusion of ore sorting in the process flow sheet provides VTX with the ability to improve the economics of mining quartz stockwork style mineralisation, which is evident at the Reward Gold Mine."

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/0VLI8BPP



About Vertex Minerals Limited:  

Vertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.



Source:
Vertex Minerals Limited

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Independent Survey Confirms Public Support for Falco Horne 5 Project

Independent Survey Confirms Public Support for Falco Horne 5 Project

Falco Resources Ltd. (TSX.V: FPC) (" Falco" or the " Company" ) is pleased to publish the results of an independent survey of the population of Rouyn-Noranda and Abitibi-Témiscamingue conducted by Léger regarding the understanding and social acceptability of the Falco Horne 5 underground mine project (the " Project" ).

Three out of four people support the Project

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Bold Posts Updated Corporate Presentation

Bold Posts Updated Corporate Presentation

Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") is pleased to announce that it has posted updated maps and information on the Company website at www.boldventuresinc.com. The new information includes the corporate presentation with the latest information on its Ontario and Québec properties, future plans, and current share structure. A condensed presentation highlights Bold's flagship Burchell Gold and Copper Property located west of Thunder Bay, Ontario, as well as its Traxxin and Wilcorp gold projects in the same region, and provides proposed 2025 budgets for Burchell and Traxxin. The priority will be further exploration at the newly discovered 111 Zone at Burchell, where grab samples returned from 10 ppb Au up to 68 gt Au in late 2024.

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