Latest Canada News

AuMEGA Metals has reported significant progress at its Cape Ray Project, extending gold mineralisation at the Central Zone and completing its largest-ever exploration program. The company is well-funded and poised for resource growth.

Infini Resources has initiated its maiden field program at the Reynolds Lake Uranium Project in Canada’s Athabasca Basin, aiming to advance exploration targets ahead of a potential 2026 drill campaign.

Bayan Mining and Minerals Limited has launched a pro-rata non-renounceable entitlement offer of Loyalty Options to existing shareholders, aiming to raise $33,319 initially with potential future capital of $2.5 million if options are exercised. The offer highlights shareholder rewards alongside significant risks including dilution and geopolitical factors.

Ardiden Limited has announced the recommencement of exploration at its Pickle Lake Gold Project in Ontario, targeting untested high-potential zones within the South Limb prospect. The winter program aims to leverage modern survey techniques to prioritize drill targets and advance the company’s resource base.

Red Mountain Mining reports impressive gold assay results reaching 25.1 grams per tonne at its Fry Lake project in Ontario, reinforcing the prospect's potential and setting the stage for targeted drilling.

Orthocell Limited reports an 81.1% overall treatment success rate from its Remplir Real World Evidence study, reinforcing the product’s safety and efficacy as it expands sales in the US and prepares regulatory submissions for the EU and UK.

Noronex Limited has confirmed deeper, higher-grade copper mineralisation at its Fiesta Project in Namibia through diamond drilling, setting the stage for a substantial 7,000m Reverse Circulation drilling campaign funded by South32.

Olympio Metals reveals extensive gold mineralisation at its Bousquet Project in Quebec, highlighting promising high-grade drill results and new structural targets that suggest a potential multi-million ounce deposit.

Marimaca Copper has raised A$80 million through a brokered placement to fund detailed engineering and exploration at its flagship Chilean projects, signaling strong investor confidence.

Rubix Resources has entered a non-binding agreement to acquire bauxite exploration projects in Cameroon and Congo, with a structured payment plan including cash, shares, and performance rights tied to resource milestones.

Vulcan Energy has inked a pivotal supply contract with Canadian firm NESI for electrolysis technology, advancing its Lionheart Project’s Central Lithium Plant in Frankfurt. This deal marks a crucial step toward finalising project financing and commencing construction in H2 2025.

Critical Resources Limited is set to commence its first drilling campaign at the Amoco Gold-Antimony Project in NSW, targeting a promising structural corridor with confirmed high-grade surface samples. Drilling is scheduled to begin in early October following pending soil-geochemistry results.