Latest Canada News

Bindi Metals has made significant strides in its exploration efforts with the acquisition of the Ravni Gold Project in Serbia, confirming a substantial epithermal gold-silver system. Meanwhile, the company has entered a farm-out agreement for its Canadian Schryburt Lake Project, bolstering its exploration pipeline and financial position.

Fin Resources Limited has made significant progress in acquiring the Cabin Lake Gold Project in Canada, securing funding and gearing up for a maiden drilling campaign in early 2026. The company highlights strong local partnerships and promising high-grade gold mineralisation.

Lincoln Minerals has refreshed its leadership and shifted its corporate strategy towards copper discovery, advancing exploration plans at its Minbrie Project and forging key partnerships in graphite and iron ore development.

Redstone Resources has reported significant new high-grade copper intersections at unprecedented depths beneath its Tollu Copper deposit in Western Australia, hinting at a larger magmatic sulphide system. The company also secured government grants and raised capital to advance exploration.

Burley Minerals is progressing its Cane Bore Iron Project with planned drilling following heritage surveys, while reviewing its Chubb Lithium Project strategy amid rising lithium prices. The company also relinquished its Yerecoin Iron Project due to legal challenges.

Somerset Minerals has secured $3.7 million to accelerate exploration at its Coppermine Project in Nunavut, revealing promising high-grade copper mineralisation over a 7 km fault zone at Jura North. Extensive regional surveys aim to uncover further discoveries across its vast landholding.

Rubix Resources has reported assay results from its Queensland Paperbark Project that align with expectations, revealing significant zinc, lead, and copper mineralisation. The company also advances exploration across multiple projects and pursues new asset acquisitions.

Iron Bear Resources has strengthened its financial position with fresh funding from Vale and a significant share sale, while progressing its flagship iron ore project in Canada amid positive government engagement.

Mammoth Minerals has kicked off its maiden diamond drilling at the Excelsior Springs Gold-Silver Project in Nevada, delivering multiple high-grade intercepts and expanding its landholding by 340%. A $7.5 million capital raise supports ongoing exploration across its Americas portfolio.

Burgundy Diamond Mines disclosed a heavy cash burn from operations and investing in Q4 2025, offset partially by new and amended loan facilities extending maturities into the 2030s. The company ended the quarter with A$39.8 million cash and over A$76 million in unused financing.

Burgundy Diamond Mines reported a mixed Q4 2025 with operational challenges at Ekati and a significant C$115 million loan secured, while trading remains suspended pending regulatory remediation.

Golden Deeps Ltd reports outstanding high-grade copper, silver, and critical metals results from its Central Otavi Project in Namibia, alongside a $3.54 million capital raise to fund ongoing exploration.