Latest Canada News

Australian Strategic Materials secures A$50.8 million via share placement to fund Korean plant expansion and advance US metals project, while navigating complex supply chain and funding risks.

American West Metals reports outstanding high-grade copper assay results from the Cyclone deposit at its Storm Project, Nunavut, signaling strong resource expansion potential and advancing mine development plans.

Pivotal Metals has identified a substantial new electromagnetic conductor beneath its high-grade Alotta Cu-Ni-PGM-Au deposit in Quebec, revealing promising undrilled potential and reshaping exploration strategies across its Belleterre projects.

Winsome Resources has completed its share entitlement in Power Metals Corp, now holding a 16.1% stake and retaining key offtake rights for lithium and other critical minerals from Power Metals’ Ontario project.

Somerset Minerals’ latest geophysical survey at the Jura Prospect reveals a mineralised copper zone extending to at least 600 metres below surface, with signs of increasing grade at depth. Parallel untested targets and a new southern anomaly set the stage for expanded drilling campaigns.

Infini Resources is fast-tracking exploration at its Reynolds and Reitenbach Lake uranium projects following the identification of visible uraninite and multiple radiometric anomalies, signaling promising potential in Saskatchewan’s Athabasca Basin.

XRF Scientific has reported a robust September quarter with a 16% increase in revenue, driven by strong international sales and new product launches. The company is poised for further expansion with ongoing innovation and strategic focus on global markets.

Structural Monitoring Systems (ASX – SMN) reports a robust third consecutive profitable quarter, driven by soaring avionics sales and a landmark US defense contract via Canada’s CCC program. Revenue climbs 23% year-on-year, signaling strong momentum in its Special Mission communications business.

PainChek Limited has appointed Sasha Grant as Head of Growth for its AI-powered Infant App, aiming to scale its presence in a $15 billion global market. Early Australian adoption shows promising conversion rates as the company prepares for international expansion.

Pinnacle Minerals Ltd is fast-tracking its U.S. growth by initiating a listing on the OTCQB Market and appointing key U.S. advisers to boost investor engagement and capital access.

Lake Resources N.L. has released a replacement prospectus for its bonus loyalty options offer, adjusting key terms and updating its capital structure ahead of the 17 October record date. The offer aims to reward shareholders while potentially raising capital for its Kachi lithium project.

AuKing Mining advances its strategic acquisition of Orion Resources and the Cloncurry Gold Project while securing a $5 million loan facility and progressing exploration across multiple continents.