Latest Canada News

Olympio Metals has resumed drilling at its Bousquet Gold Project in Quebec, focusing on the Paquin Prospect to build on last year’s high-grade gold discoveries. The new program aims to modernise data and explore previously under-drilled shallow zones.

Evolution Mining has reported a record-breaking first half of FY26 with statutory net profit soaring 110% to $767 million and a fully franked interim dividend of 20 cents per share. Strong operational discipline and favourable metal prices underpin this robust performance.

FMR Resources has reported encouraging initial assay results from its Goshen drilling at the Fairfield Copper Project in Canada, confirming a mineralised copper system open in multiple directions. Further assays and integrated geophysical analysis are underway to refine exploration targets.

Renegade Exploration has identified a new mineralised system at its Yukon Project’s Junction prospect, revealing geochemical signatures akin to major gold deposits in the Tintina Gold Province. The discovery highlights extensive gold-bismuth-tungsten and silver-zinc-antimony zones, setting the stage for imminent exploration activities.

Computershare Limited reported a 5.4% increase in revenue to $1.58 billion for the half-year ended December 2025, driven by growth across its core businesses. However, profit after tax slipped 2.6%, weighed down by disposal costs and rising expenses related to the UK Mortgage Services sale.

FIN Resources has raised A$3.75 million to fund a maiden diamond drilling program targeting shallow, high-grade gold at its newly acquired Cabin Lake Gold Project in Canada’s Northwest Territories. Drilling is set to begin in early March 2026, aiming to validate historic results and explore new targets along a 15km mineralised corridor.

NexGen Energy is advancing through the final Canadian Nuclear Safety Commission hearing for its Rook I uranium project, buoyed by strong Indigenous community support and over a decade of environmental and social groundwork.

Connexion Mobility has secured a key contract to supply its OnTRAC software platform for General Motors Canada’s nationwide rollout of the Enhanced Exposure Program, modernising dealership vehicle management.

Raptor Metals has intersected multiple zones of visible copper mineralisation in the initial two holes of its 2,200m diamond drilling program at the Chester Project, reinforcing confidence in the resource base and setting the stage for further exploration.

PMET Resources has announced a significant capital raise of up to C$130 million through a public offering and a flow-through private placement to advance its Shaakichiuwaanaan critical minerals project in Quebec. The funds will support updated feasibility studies and exploration, aiming to de-risk the path to a Final Investment Decision.

Elevra Lithium has signed a non-binding MoU to supply up to 144,000 tonnes of spodumene concentrate annually to Mangrove Lithium, supporting a new Canadian lithium conversion facility and strengthening domestic battery material production.

Infini Resources has confirmed a structurally controlled uranium mineralisation system at its Portland Creek Project in Newfoundland, with Phase 2 drilling assays revealing uranium grades up to 347 ppm U3O8 over a strike length exceeding 2 km. These results underpin the company’s exploration model and set the stage for an expanded 2026 drilling campaign.