Latest Canada News

Lac Gold has reported standout high-grade gold intersections at its Astoria deposit within the Rouyn Gold Project, including a blistering 0.5m intercept grading 1,580g/t Au. These results underpin a structurally complex, large-scale orogenic system and come as Phase 2 drilling ramps up.

Burley Minerals is set to commence a heritage survey ahead of a major reverse circulation drilling campaign targeting over 290 hectares of Channel Iron Deposit at Cane Bore, aiming to define a significant inferred iron ore resource in Western Australia’s Pilbara region.

Janus Electric boosts its North American footprint with expanded US orders, significant government subsidies slashing conversion costs, and key infrastructure partnerships advancing.

Chrysos Corporation has refinanced its debt with a $200 million syndicated facility, enhancing financial flexibility to accelerate manufacturing and deployment of its PhotonAssay technology worldwide.

PMET Resources has received a non-binding Letter of Interest from Société Générale to act as Mandated Lead Arranger for debt financing of the Phase 1 development of its Shaakichiuwaanaan lithium project in Quebec, advancing its syndicate-building strategy ahead of an updated feasibility study.

FireFly Metals secures ATO Class Ruling confirming its in-specie distribution of Bellavista shares as a capital return, not a dividend, clarifying tax treatment for Australian shareholders.

Iron Bear Resources has applied for its Labrador Trough iron ore project to be designated a Project of National Significance under Canada's new Building Canada Act, aiming to fast-track approvals and financing.

White Cliff Minerals has extended its Danvers copper mineralisation footprint to over 1.8km strike, revealing multiple thick, high-grade zones including bornite-rich sulphides along new fault contacts.

Austco Healthcare expects FY26 revenue between A$90 million and A$95 million, driven by strong sales and a significant US rollout. Net profit after tax is forecast to jump over 50%, supported by operational growth and a one-off benefit.

Canadian Phosphate (ASX: CP8) is raising up to AUD 4.85 million via a renounceable rights issue at a 22% discount, aiming to accelerate development of its newly acquired Diamond Mountain Project in Utah and advance exploration in Canada.

Sarama Resources has secured A$1.42 million through the first tranche of its A$1.5 million equity placement, with the second tranche involving director participation pending shareholder approval.

Green Technology Metals (ASX: GT1) secured $1.87 million from its recent entitlement offer, with underwriters stepping in to cover a $2.13 million shortfall. The capital raise supports ongoing development of its Ontario lithium project.