Latest Newfoundland News

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.

AuMEGA Metals has advanced its exploration portfolio in Newfoundland with the Isle aux Morts Granite emerging as a prime target and new gold trends identified at Bunker Hill. Diamond drilling results from Cape Ray are eagerly awaited.

FireFly Metals has significantly expanded its Green Bay Copper-Gold Project resource by 51%, backed by a substantial A$149 million equity raise, positioning the company for accelerated development and economic studies.

Reward Minerals has completed the acquisition of the Copper Lance project in Canada and progressed multiple Australian exploration projects while advancing its proprietary potash processing technologies.

Infini Resources has completed a significant Phase 2 drilling campaign at its Portland Creek Uranium Project, alongside a strategic landholding expansion exceeding 120%, while confirming high-grade uranium at other Canadian projects.

AuMEGA Metals has identified strong multi-element geochemical anomalies at the Isle aux Morts Granite, transforming this previously overlooked intrusion into a key focus for its 2026 exploration program.

AuMEGA Metals has identified a significant multi-kilometre gold trend and a promising polymetallic base metals zone at its Bunker Hill Project in Newfoundland, setting the stage for focused drilling in 2026.

FireFly Metals has doubled its Share Purchase Plan to A$10 million following overwhelming investor interest, boosting total funds raised to nearly A$247 million to accelerate drilling and studies at its Green Bay Copper-Gold Project.

Infini Resources has strategically expanded its Portland Creek Uranium Project in Newfoundland by acquiring adjacent mineral licences, increasing its landholding by 30% and reinforcing its position in a promising uranium district.

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

FireFly Metals has launched a dual capital raising initiative, combining a $5 million Share Purchase Plan for eligible shareholders and a C$15 million Canadian flow-through share offer, aimed at funding key development and exploration activities at its Green Bay Copper-Gold Project.