Latest Canada News

Megado Minerals has secured four critical investigation permits for its Iberian Copper Project in Northern Spain, enabling a comprehensive exploration campaign including airborne surveys and maiden drilling planned for 2026.

Olympio Metals has confirmed promising high-grade gold soil anomalies at its Bousquet Gold Project in Quebec, highlighting a new priority target and preparing to resume drilling following significant historical intercepts.

Elixir Energy has reached 2,320 metres in the Lorelle-3 appraisal well and is preparing to drill the reservoir section targeting the Dunk member of the Tinowon Sandstone, with flow testing planned before mid-2026.

Manhattan Gold Limited has reshaped its board and management team following the full acquisition of the Hook Lake Project, signalling a strategic pivot towards advancing this key asset.

Prairie Lithium has retracted its previous production target citing compliance issues, while announcing a binding offtake agreement with South Korea’s Hydro Lithium for its Phase 1 lithium output. This move signals a strategic shift towards selling intermediate lithium products to reduce costs and accelerate market entry.

FIN Resources Limited has upgraded and confirmed the reliability of historical gold assays at its Cabin Lake project in Canada, setting the stage for a maiden drilling program. The re-sampling results reveal stronger and more continuous mineralisation than previously understood.

Bellavista Resources has successfully raised A$35 million through a two-tranche placement to fund its strategic acquisition and exploration plans in Canada and Australia.

Sunstone Metals has uncovered extensive high-grade gold-copper mineralisation at surface within its Bramaderos Project in Ecuador, setting the stage for a significant resource expansion. Drilling is imminent to convert a large exploration target into a defined resource, underpinning the company’s growth ambitions.

Lithium Universe Limited has secured a decade-long binding offtake agreement with Norah Mining Limited to supply spodumene concentrate for its Bécancour Lithium Refinery in Canada, reinforcing its North American lithium ambitions amid rising prices.

Prairie Lithium has begun installing grid power infrastructure at its Pad #1 site in Saskatchewan, marking a crucial step toward commercial lithium production with reliable, low-cost electricity.

Jumbo Interactive’s preliminary 1H26 results reveal robust double-digit growth driven by SaaS and Managed Services, despite a quieter jackpot landscape. The recent acquisitions in the UK and US add momentum but introduce new accounting complexities.

Somerset Minerals has identified a major 17-kilometre copper anomaly corridor, Talisker, near White Cliff Minerals’ Danvers deposit in Nunavut, Canada, following extensive 2025 geophysical and geochemical surveys. The company plans targeted drilling and geophysical follow-up in 2026 to test these promising undercover copper targets.