Latest Canada News

Infini Resources has initiated its first diamond drilling campaign at the Portland Creek Uranium Project in Newfoundland, targeting exceptional uranium soil anomalies with the potential for a major discovery in a tier-1 jurisdiction.

FMR Resources has completed a detailed airborne EM survey at its Fairfield Copper Project in Canada and secured a drill contractor to commence maiden drilling at the Demoiselle Prospect in mid-February 2025. The survey results have identified multiple high-priority copper targets, setting the stage for a pivotal exploration phase.

Pivotal Metals reports robust drilling results at its Horden Lake project alongside a successful A$3 million capital raise, positioning the company for an active 2025 exploration and resource update program.

Cyclone Metals has forged a strategic partnership with Vale S.A. to fund and develop its Iron Bear iron ore project in Canada, marking a major step towards mining decision. The company also completed pilot production of high-grade direct reduction pellets, underscoring the project's technical promise.

Narryer Metals has reported a significant new critical minerals discovery at its Rocky Gully project, revealing high-grade scandium and rare earth element mineralisation alongside successful capital raising to fund further exploration.

Xstate Resources reports steady oil and gas production while navigating ASX suspension and preparing for capital raising tied to a new project announcement.

Energy Transition Minerals Ltd renews focus on its Greenland rare earths project while navigating arbitration and legal challenges, alongside ongoing lithium exploration in Canada and Spain.

Mont Royal Resources confirms a continuous lithium mineralised zone at its Bohier Lithium Project in Quebec, highlighting promising exploration potential while stepping back from its Wapatik Gold-Copper option.

Alpha HPA Limited has reached a major funding milestone with a $400 million senior debt package for its HPA First Project Stage 2, while experiencing accelerating demand from the semiconductor sector and advancing new product developments.

Riversgold Limited reports compelling high-grade assay results from its Saint John Project in New Brunswick, Canada, confirming significant multi-metal mineralisation and securing drilling approval for 2025.

White Cliff Minerals has secured all necessary permits to initiate drilling at its Rae Copper Project in Nunavut, targeting exceptionally high-grade copper zones identified in 2024. Drilling is set to commence in March 2025, focusing on the Hulk and Danvers prospects.

Universal Biosensors is expanding its handheld testing portfolio with the upcoming AQUASCOUT water sensor and growing sales of its FDA-approved Xprecia Prime blood coagulation device, targeting multi-billion-dollar markets.