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Bitget Wallet Showcases Real-World Utility As Platinum Sponsor Of Blockchain Futurist Conference

(MENAFN– GlobeNewsWire – Nasdaq)

TORONTO, May 14, 2025 (GLOBE NEWSWIRE) — Bitget Wallet , the leading non-custodial Web3 wallet, will take the spotlight as a Platinum Sponsor at the Blockchain Futurist Conference, North America’s flagship crypto and blockchain event, taking place on 13 May 2025. With a full lineup of programming and community activations, Bitget Wallet’s presence signals continued investment in ecosystem development, real-world utility, and inclusive Web3 innovation.

The event marks Bitget Wallet’s latest move in strengthening its North American footprint, bringing its growing product suite and ecosystem to one of the most influential stages in the industry. At 11:00 AM, Bitget COO Vugar Usi Zade took the stage for a featured session titled “Striking the Balance: UX vs Security in Crypto Exchanges”, where he will address one of the most critical challenges in crypto platform design.

“Our goal is to make Web3 accessible and practical for everyday users,” said Alvin Kan, COO of Bitget Wallet . “Being part of this year’s conference is not just about visibility, but about connecting with builders and users shaping the future of crypto. Whether it’s through on-chain tools, ecosystem support, or real-world use cases. Bitget Wallet is committed to delivering real utility across the crypto experience.” The appearance follows the launch of “Shop with Crypto,” a new in-app marketplace that enables users to spend cryptocurrencies directly on goods and services within the wallet, including gaming, travel, gift cards and more.

As part of its broader commitment to community-led change, Bitget Wallet’s global initiative Blockchain4Her also sponsored the ETHWomen Happy Hour, happening from 12:00 PM to 2:00 PM at the ETHWomen Stage & Gallery Room during the conference. Designed to foster authentic conversations and connections, the event offers a welcoming space for women in Web3 to network, share experiences, and build meaningful relationships. Attendees will receive limited-edition Blockchain4Her pins as part of a special charity activation – with Bitget Wallet donating $10 to a local women’s charity for every pin worn.

Later that evening, Bitget Wallet hosted Bitget Mixer Night at the iconic Old Toronto Stock Exchange, one of the most anticipated side events of the crypto week. Set in a venue where traditional finance meets decentralized innovation, the exclusive mixer will bring together top minds in crypto for an evening of cocktails, canapés, and conversation. Guests will get a closer look at the latest developments from Bitget Wallet while enjoying a high-energy environment designed for discovery and networking.

From the main stage to intimate side events, Bitget Wallet’s participation reflects a growing focus on community impact, utility-driven innovation, and inclusive growth across the Web3 ecosystem.

About Bitget Wallet

Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, seamless and secure for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

For media inquiries, please contact …

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Coppernico Confirms Large-Scale Copper Skarn System And Expands Pipeline Of Priority Targets At Sombrero

(MENAFN– GlobeNewsWire – Nasdaq) VANCOUVER, British Columbia, May 14, 2025 (GLOBE NEWSWIRE) — Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF) (“Coppernico” or the“Company”), is pleased to report the remaining assay results from its Phase 1 drill program at its Sombrero Project in Peru. The program, conducted through its wholly owned Peruvian subsidiary, Sombrero Minerales SAC, included 8,232.9 metres (“m”) of diamond drilling over 20 holes designed to test large-scale geophysical and geochemical anomalies within the Ccascabamba target area. The results confirm broad intervals of copper-gold mineralization supporting the technical team’s skarn-porphyry geological model and reinforcing the district-scale potential of the Sombrero Project. Drilling is now temporarily paused as the Company pursues expanded permits for access to priority targets.

Phase 1 Drill Program Highlights:

  • Large System: Drilling to date has not yet defined the limits of the skarn system, with mineralization and alteration vectoring high-priority opportunities well beyond the currently permitted area. Surface mapping, geophysical data and historical drilling suggest continuity and highlights the potential for the discovery of major extensions in future phases.

  • Notable Intercepts from Drill Holes 6-20:

    • 25SOM-013 – 9.85 m @ 0.26% copper (“Cu”) and 0.46 g/t gold (“Au”)

    • 25SOM-016 – 9.40 m @ 0.19% Cu

    • 25SOM-017 – 18.10 m @ 0.18% Cu and 0.7 g/t Au

    • 25SOM-018 – 21.85 m @ 0.22% Cu

    • 24SOM-007 – 9.15 m @ 0.21% Cu

  • Intrusive Igneous Rock Architecture: Drilling to date has defined a complex network of causative intrusions, particularly around the Hojota area, where much of the Phase 1 drill program was focused.

  • Zonation and Controls: Mineralization appears to be controlled by an interplay of factors including proximity to causative intrusions, favorable host lithologies and zones of impermeability and structural complexity, including intersecting fault sets.

  • Robust Skarn Alteration: Alteration zones exceeding 300 meters in width have been defined, characterized by multiple skarn-forming events and broad breccia zones.

  • High-Priority Targets Beyond Current Permits: Several compelling targets lie outside the currently permitted drill polygon, where the data is pointing to even more prospective zones for future drilling.

Geological and geochemical results from the Phase 1 drill program (Table 1) demonstrate continuity of copper-gold mineralization across broad intervals and multiple zones. Prospective contact zones between intrusive rocks and limestone, highlighted by magnetic data (Figure 1), indicate strong exploration potential beyond the current drill permitted area (particularly at Chumpi and at Fierrazo, where historical drill holes show strong potential) which supports the decision to advance an expanded permit application that is actively progressing. Within the existing drill permit (notably at Hojota and Corrales), the intrusion–limestone contact zone has been only partly tested with widely spaced holes, these areas will remain targets for future drill phases.

Additionally, regional exploration programs are underway, designed to optimize the Company’s land position and advance a growing pipeline of high-impact exploration targets across the broader Sombrero Project. Further updates on this work are expected to be announced in the coming months as additional data becomes available.




Figure 1: Plan map of Phase 1 drilling at the Ccascabamba target area showing drill hole locations. Magnetics highlight prospective intrusion-limestone contacts, guiding follow-up at Fierrazo, Chumpi, Hojota and Corrales, pending data interpretation.

Ivan Bebek, Chair and CEO of Coppernico, stated, “As we deepen our understanding of the Sombrero system, our confidence in the size and potential of the broader district continues to grow. These early drill results confirm our belief that we are only beginning to unlock the value of this largely underexplored, yet highly promising, land package. Although our initial permitted polygon was quite limiting, we have been able to develop a strong pipeline of drill-ready targets across the property and eagerly await the surface data collection on new, high-grade skarn and porphyry targets. Our priority is to secure key permits which are underway, in order to position ourselves to drill the most robust outcropping areas in the next phase of drilling. We are looking forward to additional exploration results and permit advancements as we prepare for a busy second half of 2025.”

Drill holes 6 through 20 confirm the presence of an extensive, high-temperature copper-gold skarn system in the Ccascabamba target area. The results mark a major advancement in the Company’s understanding of this large target, which is predominantly covered by shallow overburden, revealing a robust and laterally continuous system with significant vertical extent. Importantly, geological and geophysical indicators beyond the current mineralized footprint suggest that the system may extend beyond the current permit boundary, reinforcing the potential for a district-scale discovery.

At Hojota, broad intervals of copper anomalism – such as +30-meter zones averaging approximately 0.1% Cu – have been encountered within massive garnet-pyroxene skarn. These zones appear to be laterally continuous over 1 kilometer with significant vertical continuity. Results are interpreted to reflect high-temperature mineralization proximal to causative intrusions, with localized grade enhancements near structural and lithologic traps, such as impermeable hornfels and faults (Figure 2).




Figure 2: Interpreted geologic cross-section through drill holes 7 and 18 looking NE.

“Initial drilling around the Ccascabamba target area has confirmed a significant skarn system, with mineralized alteration extending over 300 meters from the intrusion-limestone contact and vertical continuity of more than 400 meters,” said Tim Kingsley, VP Exploration .“These early indications confirm the presence of a large-scale system, comparable to some of Peru’s most prominent porphyry-skarn deposits, such as Antamina and Las Bambas. With an improved geological model in place, the technical team is now leveraging insights from Phase 1 drilling to refine targets and guide future systematic testing across this highly prospective system.”

Table 1: Length and Density Weighted Composited Drill Hole Highlights at Hojota Target

Hole ID From (m) To (m) Interval (m) Cu % Au (g/t) Ag (g/t)
24SOM-007 112.2 119.9 7.7 0.24 0.05 1.42
239.9 249.05 9.15 0.21 0.03 0.27
25SOM-013 33.65 43.5 9.85 0.26 0.46 1.42
25SOM-016 187.45 196.85 9.4 0.19 0.03 1.08
25SOM-017 221.5 239.6 18.1 0.18 0.7 1.93
298.5 305.7 7.2 0.21 0.03 0.49
25SOM-018 17 38.85 21.85 0.22 0.05 0.92
Length and specific gravity (density) weighted assay results. True thickness unknown at time of reporting.
Nearly all other drill holes intersected geochemically anomalous intervals which are useful for understanding the larger mineralizing system, however they did not meet the Company’s minimum reporting guidelines. No more than 6 m internal dilution (reported values below 0.2% Cu and/or 0.2 g/t Au). Minimum reporting length of 7 m.


Regional Target Pipeline Expands

Coppernico continues to grow its pipeline of copper targets through ongoing mapping and sampling programs beyond the Ccascabamba target area (Figure 3). These efforts are refining the Company’s understanding of the broader Sombrero Property potential and informing the strategic advancement of exploration activities. Results of this work are expected to be released in the near future.

Nioc target area: Early results indicate scale and grade potential on par with the Ccascabamba target area. Recent fieldwork has identified a previously unrecognized skarn system approximately 1.5 kilometers north of Nioc, referred to as the Antapampa target, which may represent either an extension of the Nioc system or a new standalone discovery, underscoring the prospectivity of the area.

Tipicancha target: Grassroots exploration southwest of the Ccascabamba target area has outlined a newly recognized copper-mineralized hydrothermal system. This epithermal / porphyry target is being rapidly advanced toward drill-ready status.

Macha Machay and Cello targets: Early stage, 1:10,000 scale mapping has identified multiple, new sulphide bearing alteration systems within these claim groups and additional work is planned to reveal the scale and potential of these new epithermal / porphyry targets.




Figure 3: Identified target pipeline at various stages of exploration across the Sombrero Project, underscoring a target-rich district beyond Ccascabamba.

Permitting Progress: To support the next phase of drilling, the Company is actively advancing its permitting efforts to access high-priority targets located beyond the current drill permit boundaries. These expanded permits will enable broader systematic testing across both newly defined and previously identified highly prospective target areas.

Technical Disclosure and Qualified Person

The scientific and technical information contained in this news release was reviewed and approved by Tim Kingsley, M.Sc., CPG, Coppernico’s VP of Exploration, who is a“Qualified Person” (as defined in NI 43-101).

Quality Control

Analytical samples were taken by sawing HQ or NQ diameter core into equal halves on site and one of the halves was sent to the ALS Lab in Lima, Peru for preparation and analysis. Preparation included crashing core sample to 90% < 2mm and pulverizing 1,000 g of crushed material to better than 95% < 106 microns. All samples are assayed using 30 g nominal weight fire assay with atomic absorption finish (Au-AA23) and multi-element using four acid digest ICP-AES/ICP-MS method (ME-MS61). Where MS61 results were greater or near 10,000 ppm Cu, or 10,000 ppm Zn the assays were repeated with ore grade four acid digest method (Cu-OG62). QA/QC programs for 2024 core samples using internal standard samples, blanks, and duplicates, lab duplicates, lab standards, and lab blanks indicate good overall accuracy and precision.

ON BEHALF OF THE BOARD OF DIRECTORS

Ivan Bebek
Chair & CEO

For further information, please contact:

Coppernico Metals Inc.

Phone: +1 778 729 0600

Email: …

Website:

Twitter: @CoppernicoMetal

LinkedIn:

About Coppernico

Coppernico is a mineral exploration company focused on creating value for shareholders and stakeholders through diligent project evaluation and exploration in pursuit of the discovery of world-class copper-gold deposits in the Americas. The Company’s management and technical teams have a successful track record of raising capital, discovery and the monetization of exploration successes. The Company’s objective is to become a leading advanced copper explorer, and through its wholly owned private Peruvian subsidiary Sombrero Minerales S.A.C., is currently focused on the Ccascabamba (previously referred to as Sombrero Main) and Nioc target areas within the Sombrero Project in Peru, its flagship project, while regularly reviewing additional premium projects to consider for acquisition.

The Sombrero Project is a land package of approximately 102,000 hectares (1,020 square kilometres) located in the north-western margins of the world-class Andahuaylas-Yauri trend in Peru. It consists of a number of prospective exploration targets characterized by copper-gold skarn and porphyry systems, and precious metal epithermal systems. The Company’s NI 43-101 technical report, with an effective date of April 17, 2024, and as filed on SEDAR+ on May 23, 2024, focuses on the Ccascabamba and Nioc target areas of the Sombrero Project.

Coppernico Metals Inc. is currently listed on the Toronto Stock Exchange under the symbol “COPR” and trades on the OTCQB Venture Market under the symbol“CPPMF”. More information about the Company can be found on the Company’s profile on SEDAR+ ( ).

Cautionary Note

No regulatory organization has approved the contents hereof.

This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively,“ forward-looking statements ”). Forward-looking statements are often identified by terms such as“may”,“should”,“anticipate”,“expect”,“intend” and similar expressions and include, but are not limited to, statements with respect to: the Company’s drill plans, the interpretation of assay results, identifying targets for future exploration, the potential of the mineralization, the progress and approval of permits, the potential expansion of the mineralization beyond currently permitted areas, the temporary suspension of drilling and its anticipated resumption, and its financial position in the future. No certainty can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Readers should refer to the risks discussed in the Company’s 2024 Annual Information Form and other continuous disclosure filings with the Canadian Securities Administrators, available at . These factors are not, and should not be construed as being, exhaustive. Accordingly, readers should not place heavy reliance on forward-looking statements. The forward-looking statements contained in this new release are expressly qualified by this cautionary statement. Any forward-looking information and the assumptions made with respect thereto speaks only as of the date of this news release. The Company does not undertake any obligation to publicly update or revise any forward-looking information after the date of this news release to conform such information to actual results or to changes in the Company’s expectations except as otherwise required by applicable legislation.

Figures accompanying this announcement are available at

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Aduro Clean Technologies Engages Generation IACP To Provide Market Making Services

(MENAFN– GlobeNewsWire – Nasdaq) LONDON, Ontario, May 13, 2025 (GLOBE NEWSWIRE) — Aduro Clean Technologies Inc . (“ Aduro ” or the“ Company ”) (Nasdaq: ADUR ) (CSE: ACT ) (FSE: 9D5 ), a clean technology company using the power of chemistry to transform lower-value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced that it has entered into an agreement effective May 12th, 2025 (the“ Agreement ”) with Generation IACP Inc. (“ Generation ”) to provide market making services in accordance with Canadian Securities Exchange (CSE) policies.

Under the terms of the Agreement, Generation will trade shares of the Company on the CSE and other trading venues with the objective of maintaining a reasonable market and improving the liquidity of Aduro’s common shares. The Agreement is for an initial term of six months and shall be automatically renewed for successive six-month periods unless terminated by either party with 30 days prior written notice.

Pursuant to the Agreement, Generation will receive a monthly fee of US$8,000 plus applicable taxes during the initial term. For the first renewal term, the monthly fee will be US$9,000 plus applicable taxes. Thereafter, the monthly fee will automatically increase annually by 3% on each anniversary of the Agreement. No stock options or other compensation are being granted in connection with the engagement.

Generation is arm’s length to the Company and does not own any securities of Aduro as of the date of this release; however, Generation and its clients may acquire an interest in the securities of the Company in the future. Generation’s market making activities will be primarily intended to correct temporary imbalances in the supply and demand of the Company’s shares. Generation will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities.

“We’ve seen growing interest in Aduro’s story from both institutional and retail investors,” commented Mena Beshay, CFO at Aduro.“The relationship with Generation IACP complements our capital markets strategy and supports our focus on accessibility, transparency, and long-term shareholder alignment.”

About Generation IACP Inc.

Generation IACP is based in Toronto, Ontario, and is an independently held and registered broker and member of the Investment Industry Regulatory Organization of Canada, the TSX-V, the Canadian Securities Exchange, and the NEO Exchange, and is a Participating Organization, as such term is defined in the rules and policies of the Toronto Stock Exchange.

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company’s HydrochemolyticTM Technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

For further information, please contact:

Abe Dyck, Head of Business Development and Investor Relations

+1 226 784 8889

KCSA Strategic Communications
Jack Perkins, Senior Vice President

Forward-Looking Statements

This news release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events, or developments that the Company believes, expects, or anticipates will or may occur in the future are forward-looking statements. The forward-looking statements reflect management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. The forward-looking statements in this release include, but are not limited to, the expected improvement in liquidity of Aduro’s shares, the terms and renewal of the Agreement, the fee structure, Generation’s market-making activities primarily to correct temporary imbalances in the supply and demand of the Company’s shares, the potential acquisition of the Company’s securities by Generation and its clients in the future, and the growing interest in Aduro’s story from both institutional and retail investors. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, adverse market conditions, the effectiveness of market-making activities, potential technological challenges, difficulties in raising adequate funds, and other factors beyond the control of the parties. The Company disclaims any intent or obligation to update or revise any forward-looking statements, except as required by applicable law.



A photo accompanying this announcement is available at

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Pyrogenesis Provides Update On Fumed Silica Project

(MENAFN– GlobeNewsWire – Nasdaq) MONTREAL, May 13, 2025 (GLOBE NEWSWIRE) — PyroGenesis Inc. (“PyroGenesis”) () (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, provides the following update on the Fumed Silica Reactor project, which the company has been engaged to develop by HPQ Silica Polvere Inc. (“Polvere”), a subsidiary of HPQ Silicon Inc. (“HPQ”).

This update is provided as a result of PyroGenesis having received requests from interested parties for further clarity and updates on many elements with respect to the Fumed Silica Reactor Project. For the sake of good order, Mr. P. Peter Pascali, President and CEO of PyroGenesis, will address these requests in the following Q&A format. The questions are largely derived from inquiries received from interested parties, investors, analysts, and potential customers:

Question 1 :

First and foremost (i) what is fumed silica, and (ii) how is it currently manufactured?

Answer 1 :

Fumed silica is one of the most widely used industrial materials, and can be found in thousands of products we use every day, including personal care, cosmetics, toothpaste, pet litter, powdered food, milkshakes, instant coffee, pharmaceuticals, agriculture (food & feed), adhesives, paints, inks, photocopy toner, sealants, fiber optic cables, thermal insulation, construction materials, and batteries, just to name a few. It is often used in these products as a thickening/anti-caking agent, used to stabilize and improve the texture and consistency of the end-product.

Traditional production methods have been criticized for, amongst other things, being (i) expensive, (ii) dangerous, and (iii) harmful for the environment.

The following schematic outlines a common traditional production process:



As shown above, the conventional production process for fumed silica is a lengthy multi-step process, across several physical locations and, most importantly, requires the creation of a unique feedstock (as quartz cannot be fed directly into the conventional system for processing, it must first be combined and processed into the requisite feedstock). In addition, the process not only requires transportation of materials between various locations (thereby generating C02) but includes additional steps that use or produce hazardous/toxic chemicals and byproducts.

Not shown in the above schematic is the fact that the conventional method is very energy intensive, requiring between 100-120 kilowatt hours per kilogram (kWh/kg) of fumed silica produced (as compared to 8-12 kWh/Kg estimated for the system we are developing).

Question 2 :

How does (i) the Fumed Silica Reactor that PyroGenesis is building compare to the conventional method and (ii) what are the theoretical benefits of this new process?

Answer 2 :

The following is a schematic of PyroGenesis’ Fumed Silica Reactor production process:



This is a new process that we are carefully proving out one step at a time. There are no guarantees that we will be successful in our testing and, even if the testing is successful, that it will be a commercially viable endeavour.

The new process has the potential to benefit from semi-continuous fumed silica production directly from quartz, with no additional processes required to develop feedstock, no intermediary toxic chemical-based processing, a single production location (and no transportation), while at the same time using an all-electric plasma production technique. If commercially successful, this system could also result in lower capital and operating costs, and reduced CO2 emissions and energy footprint, when compared to the multi-step, traditional processing method shown above.

As a result of a process that is significantly reduced in steps, and which eliminates the use of chemicals, feedstock preparation/transformation, and transportation of material between facilities, the expected benefits of our fumed silica reactor process can generally be summarized as follows:

(1) Lower capital costs

(2) Lower operating costs

(3) Reduction of CO2 emissions

(4) Reduction in energy footprint

(5) Elimination of purchase and storage requirements for hazardous chemicals

(6) Simplified logistics/shortened production chain due to the single location, single system, single phase process, and the elimination of feedstock ingredient handling, storage, preparation/transformation, and transportation

(7) Safer production environment due to absence of dangerous, toxic, or explosive chemicals

Question 3 :

You stated that this is a new process that you are proving out. Where are you in this process?
What is left to be done? What are the key milestones we should look forward to for guidance?

Answer 3 :

Correct, this new process has never been done before and, as such, there is a possibility that it will not work or, if it does work, that it may not be commercially viable. Having said that, with every step we take further along the path of development, the probability of success increases.

The road to proving out such a theory is to first test the underlying assumptions within a lab scale environment. Once these assumptions are proven out in a lab scale setting, the next challenge is to confirm the lab scale findings in a pilot plant. Last but not least, is to then develop a commercial system to expand on the results of the pilot scale testing.

Although there are challenges throughout the process, typically the successful demonstration at pilot plant scale is the biggest challenge and one from which the inherent risk of the project is perceived to be greatly reduced. We consider this to be particularly true of our development program as we are attempting to scale up the pilot plant to 20X that of the lab scale system.

To date, the new PyroGenesis fumed silica reactor plant has already progressed through several critical stages. Originally designed as a batch system, it was redesigned into a simpler, more efficient, and easier-to-operate configuration with the added capability for semi-continuous operation.

We have successfully proven out the underlying assumptions at lab scale and are now testing the assumptions at pilot scale. The current focus is on validating equipment scale-up from lab to pilot scale and replicating the lab-scale fumed silica product quality.

An important phase of development, and where we are currently, is to produce and then collect fumed silica from the product recovery unit, known as the“baghouse”. This would confirm our underlying assumptions that the process can make fumed silica as expected. This is probably one of the most, if not the most, important milestones in the entire process. The thinking is that once you have overcome all the challenges to get to this point, then the remaining balance of challenges should be manageable.

Any powder-like material that is formed in the baghouse must first be collected and tested to confirm it is not only fumed silica but also whether there are any impurities with the produced powder. Once we observe the formation of what looks like fumed silica in the baghouse, the material will be collected and analyzed to ensure that what has formed is what was expected. That is to say, any impurities that are observed were not only anticipated by our theoretical assumptions but are also in a state that was expected and which can be removed.

Once the above is confirmed, a series of tests will be performed to make the fumed silica powder“customer-ready”.

Of note, Evonik, a global specialty chemicals company that manufactures a wide range of high-performance materials, has previously signed a letter of intent with PyroGenesis’ customer Polvere [news release dated July 9, 2024 ], with an objective to outline the basis of collaboration once suitable fumed silica powder was produced in the pilot plant scale phase. For more than 70 years, Evonik has been the producer of market leading fumed silica products.

The balance of the pilot plant program would then be focused on two goals: first, to focus on enhancing product purity to meet food and pharmaceutical grade standards, and second, to focus on delivering the production target of 50 tonnes per year (TPY).

Question 4 :

Last but not least…what is PyroGenesis’ economic incentive/involvement in this project specifically, and with HPQ in general?

Answer 4 :

PyroGenesis has:

(1) a 50% interest in Polvere,

(2) an exclusive arrangement to be the sole supplier of equipment relating to any commercialization of this new process,

(3) a 10% royalty on certain revenues at the HPQ level, and

(4) owns shares and warrants in HPQ.

PyroGenesis’ involvement in developing fumed silica from quartz is part of its three-vertical solution ecosystem that aligns with economic drivers that are key to global heavy industry. Fumed powders are part of PyroGenesis’ Commodity Security & Optimization vertical, where the development of advanced material production techniques, and the use of technology such as plasma to recover viable metals, chemicals, and minerals from industrial waste, helps to maximize raw materials and improve the availability of critical minerals. The Company’s other verticals are Energy Transition and Emission Reduction and Waste Remediation .

About PyroGenesis Inc.

PyroGenesis, a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional“dirty” processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis’ shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1).

Cautionary and Forward-Looking Statements

This press release contains“forward-looking information” and“forward-looking statements” (collectively,“forward-looking statements”) within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as“plans”,“targets”,“expects” or“does not expect”,“is expected”,“an opportunity exists”,“is positioned”,“estimates”,“intends”,“assumes”,“anticipates” or“does not anticipate” or“believes”, or variations of such words and phrases or state that certain actions, events or results“may”,“could”,“would”,“might”,“will” or“will be taken”,“occur” or“be achieved”. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management’s current beliefs, expectations, estimates and projections regarding future events and operating performance.

Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under“Risk Factors” in PyroGenesis’ latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis’ profile on SEDAR+ at These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, except as required by applicable securities laws.

Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release.

For further information please contact:
Rodayna Kafal, Vice President, IR/Comms. and Strategic BD
E-mail: …

Photos accompanying this announcement are available at

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Nuvau Minerals Completes High Resolution Drone MAG Survey

(MENAFN– Newsfile Corp)
Toronto, Ontario–(Newsfile Corp. – May 12, 2025) – Nuvau Minerals Inc. (TSXV: NMC) has just completed a key step on its journey to unlocking the gold potential of the Matagami Property in the Abitibi region of Québec. It has flown a detailed high resolution drone magnetic (“MAG”) survey over an area north of where a 2023 sonic drilling program discovered a significant gold grain anomaly . Hole PD-23-030s had more than 2,000 gold grains per 10 kg of material, supported by a near-contiguous sample with 295 gold grains.

The MAG survey included areas where two other gold anomalies have been previously identified in Québec’s SIGEOM/EXAMINE database (see Figure 1):

  • Daniel-1, which includes a gold value of 6.18 grams per tonne over 1 metre associated with massive sulphide from a diamond drill hole.

  • McIvor-SE, which is sourced from a grab sample in a volcanic shear zone, grading at 37.71 grams per tonne.

“These showings add to our thesis that the Matagami camp has the potential to produce gold,” said Peter Van Alphen, Nuvau’s President and CEO. “The data from this MAG survey will help us develop our eventual diamond drill program related to the gold grain anomaly we recently identified, which is scheduled to start in the second half of 2025. We have just begun to uncover the gold potential of this 1,300 square kilometre land package, where exploration to date has been limited to base metals even though it is in a region known for hosting gold mineralization, including the Detour Gold and Casa Berardi gold mines.”

The detailed high resolution drone MAG survey was flown over the area surrounding PD-23-030s, extending north and northeast of the anomaly (see Figure 1). The western limit of the survey is approximately 3 kilometres away from the Caber Complex and the Renaissance discovery, the undeveloped massive sulfide cluster with near-term production potential. This high resolution MAG survey will provide valuable geophysical data to support Nuvau’s continuing base metal exploration of the underexplored northern part of the property.

The MAG survey was flown along 25-metre spaced lines oriented at N020° for total line kilometers of 5,066 kilometres. The data was captured at low altitude, approximately 20 metres above ground and will provide a global image of the extended area. Overall, a total area of 128 square kilometres was covered.

The quality and resolution of the survey will enable interpretation of the contrasting geological units as well as structural interpretation, which is key to both the future exploration of region for both gold and base metals. Although this area was previously covered by a mosaic of lower resolution surveys, the data was of much lower definition than what current technology can deliver.



Figure 1 – High resolution Drone Mag survey outline on Matagami Camp property with detail MAG data (Source SIGEOM) and gold showing (Source EXAMINE, GM 60332 and GM 44892).

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Figure 2 – Matagami Property Location relative to the gold producers and explorers in the region. Results from adjacent property(ies) are not necessarily indicative of the mineralization on Nuvau’s property.

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Qualified Person and Quality Assurance
Gilles Roy, P. Geo. (Qc), Director of Exploration of Nuvau and a Qualified Person as defined by National Instrument 43-101, has verified the scientific and technical data disclosed in this news release, and otherwise reviewed and approved the scientific and technical information in this news release.

For further information, please contact:
Peter van Alphen
President and CEO
Telephone: 416-525-6063
Email: …

About Nuvau Minerals Inc.
Nuvau is a Canadian mining company focused on the Abitibi Region of mine-friendly Québec. Nuvau’s principal asset is the Matagami Property, which is host to existing processing infrastructure and multiple mineral deposits and is being acquired from Glencore.

Cautionary Statements
Readers are cautioned that geophysical surveys are not definitive; the results contained in this news release are still at an early stage of interpretation, with no guarantee of a mineral discovery.

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “will”, “estimates”, “believes”, “intends” “expects” and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning drill results relating to the Matagami Property, the results of the PEA, the potential of the Matagami Property, the timing and commencement of any production, the restart of the Bracemac-McLeod Mine, the completion of the earn-in of the Matagami Property and the timing and completion of any technical studies, feasibility studies or economic analyses.

Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami Property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, neither the Company nor Nuvau undertakes any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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SOURCE: Nuvau Minerals Inc.

MENAFN12052025004218003983ID1109536864

Tristar Gold Announces An Up To $10 Million Best Efforts Private Placement Financing

(MENAFN– Newsfile Corp)
Toronto, Ontario–(Newsfile Corp. – May 8, 2025) – TriStar Gold Inc. (TSXV: TSG) (” TriStar ” or the “Company” ) is pleased to announce that it has entered into a letter agreement with Paradigm Capital Inc. (” Paradigm “) as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (collectively, the ” Agents “), in connection with a proposed best efforts private placement financing (the ” Offering “) for total proceeds of up to $10 million, consisting of up to 62,500,000 units of the Company (the ” Units “) at a price of $0.16 per Unit. Each Unit will be comprised of one common share in the capital of the Company (a ” Unit Share “) and one-half of one common share purchase warrant of the Company (each whole warrant, a ” Warrant “). Each Warrant will be exercisable to acquire one additional common share in the capital of the Company (a ” Warrant Share “) for 24 months from the Closing Date (as defined below) at an exercise price of $0.25 per Warrant Share.

The Company will also grant the Agents an option (the ” Agents’ Option “) to sell up to that number of additional Units equal to 15% of the base Offering size, being 9,375,000 additional Units for additional gross proceeds of up to $1,500,000, exercisable, by notice in writing to the Company, at any time not less than 48 hours prior to the Closing Date.

The Agents will be paid by the Company on closing of the Offering a cash commission equal to 6% of the gross proceeds of the Offering, including on any exercise of the Agents’ Option.

The Agents will also receive on the Closing Date compensation options (the ” Compensation Options “) entitling the Agents to acquire that number of common shares equal to 6% of the number of Units issued pursuant to the Offering, including on any exercise of the Agents’ Option, at an exercise price of $0.16, exercisable for a period of 24 months following the Closing Date.

The net proceeds from the Offering will be used for exploration and development, and general working capital purposes.

The Offering will be conducted in all provinces and territories of Canada pursuant to private placement exemptions, in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the ” U.S. Securities Act “), and in such other jurisdictions as are agreed to by the Company and the Agents. The Offering is expected to close on or about May 29th, 2025 (the ” Closing Date “) and will be subject to regulatory approvals and customary closing conditions, including the listing of the Unit Shares and Warrant Shares on the TSX Venture Exchange (” TSXV “). All securities issued pursuant to the Offering will have a hold period of four months and one day.

The securities have not been, and will not be, registered under the U.S. Securities Act, or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor may there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About TriStar Gold Inc.

TriStar Gold is an exploration and development company focused on precious metals properties in the Americas that have the potential to become significant producing mines. The Company’s current flagship property is the Castelo de Sonhos gold project in Pará State, Brazil. TriStar has completed a pre-feasibility study and is now working to advance the project towards a feasibility study while evaluating optimization options. The Company’s shares trade on the TSX Venture Exchange under the symbol TSG and on the OTCQB under the symbol TSGZF . Further information is available at .

On behalf of the board of directors of the Company:

Nick Appleyard
President and CEO

For further information, please contact:

TriStar Gold Inc.
Nick Appleyard
President and CEO
480-794-1244

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Forward-Looking Statements

Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation which are not historical facts and are made pursuant to the “safe harbour” provisions under the United States Private Securities Litigation Reform Act of 1995. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects” or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements in this press release include statements regarding the completion of the Offering. Such forward-looking statements are based upon the Company’s reasonable expectations and business plan at the date hereof, which are subject to change depending on economic, political and competitive circumstances and contingencies. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause the Company’s plans to change include changes in the state of the equity financing markets in Canada and other jurisdictions; the receipt of regulatory approvals; in demand for and price of gold and other commodities (such as fuel and electricity) and currencies; changes or disruptions in the securities markets; legislative, political or economic developments in Brazil; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of the Company’s projects; risks of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES



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SOURCE: TriStar Gold Inc.

MENAFN09052025004218003983ID1109527389

Western Exploration Announces Positive Preliminary Economic Assessment For The Doby George Resource At The Aura Project

(MENAFN– Newsfile Corp)
Reno, Nevada–(Newsfile Corp. – May 8, 2025) – Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) (the “Company” or “Western Exploration”) is pleased to announce results from a positive Preliminary Economic Assessment (“PEA”) on its flagship Doby George resource at the Aura gold project located in Nevada’s prolific Elko county (“Doby George” or, the “Project”).

PEA Highlights:

  • Base Case After-tax NPV of US$70.7M and an IRR of 25.4% using a gold price of US$2,150 increasing to US$211.2 M with a 62.2% IRR utilizing a US$3,000/oz gold price (see upside metal price to base case metal price comparison in Table 1)

  • Total Life-of-Mine (“LOM”) after-tax net cash flow of US$271.2M over a five-year project life using US$3,000 gold price

  • Average annual operating cash flow of $112.1M and a less than 18-month payback period using US$3,000 gold price

  • LOM all-in Sustaining cost of US$1,197 per ounce at US$3,000 gold price and US$1,152 per ounce at the base case of gold price being US$2,150

  • LOM average grade of 1.01 g/t Au creating potential for significant profit margins

  • Estimated pre-production capital costs of US$115.2M excluding upfront Working Capital of US$12.4M which is credited back to the operation on year five

Watch the CEO news summary HERE




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Darcy Marud, President and CEO of Western Exploration, commented: “In 2022, Western Exploration outlined a plan to take the Doby George project to a PFS study. With the completion of the PEA we have achieved another milestone towards that goal. The PEA demonstrates Doby George to be a low-capex, potentially profitable development project with a rapid payback, all using conservative gold price expectations.”

Mr. Marud added “The focus of the current PEA was to demonstrate the viability of Doby George, while outlining a project scope that maximizes the return on investment for our stakeholders. We focused on maximizing value by preserving grade, bringing ounces forward, minimizing capital outlay and identifying future opportunities to further enhance the project. Those opportunities include an exploration plan looking to expand the resource at Doby George, the feasibility of oxide resources at Wood Gulch and improvements to recovery through additional test work.”

The PEA was completed by Kappes, Cassiday & Associates (“KCA”) as lead independent consultant, and supported by RESPEC Company LLC (“RESPEC”) on mineral resource estimation, mine planning and production scheduling, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).1 The Company intends to file the technical report in respect of the PEA (the “Technical Report”) on SEDAR+ ( ) under Western Exploration’s issuer profile within 45 days of the date of this news release.



Figure 1: Location of the Doby George Resource, one of three key resources within our flagship Aura Project.

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Economic Sensitivities

Sensitivity of the project economics to gold prices is shown in Table 1, showing the base case gold price used for the PEA, as well as the upside case.

Table 1: Doby George 2025 PEA Economics

Base Case Upside Case
Gold Price (US$/oz) 2,150 3,000
Average Annual Operating Cash Flow(1) (US$) 63.3M 112.1M
Pre-Tax NCF(2) (US$) 132.4M 336.5M
Pre-Tax NPV5(3) 94.7M 265.9M
Pre-Tax IRR(4) 31.8% 75.7%
After-Tax NCF(2) (US$) 103.7M 271.2M
After-Tax NPV5(3) (US$) 70.7M 211.2M
After-Tax IRR(4) 25.4% 62.2%
Payback Period(5) (years) 2.7 1.4
Notes:
(1) Averaged over full production years 1 to 4
(2) NCF means net cash flow
(3) NPV5 refers to net present value at 5% discount rate
(4) IRR means internal rate of return
(5) Pre-production capital, excluding sustaining capital

Capital Costs

Capital costs for the Project are summarized in Table 2. Capital costs associated with the mining operation were estimated by RESPEC and based on contract mining. Pre-stripping costs were based on the mine production schedule in Table 4 below. Capital costs in processing, support and infrastructure include: three-stage crushing; heap leaching and gold recovery, along with support and infrastructure costs associated with laboratory, water & power distribution; and general site services were estimated by KCA. Reclamation and closure costs of US$10M were estimated by KCA not including an estimated salvage value of US$5.4M. Sustaining capital is estimated at US$10.5M and is largely related to heap leach expansion contemplated in Year 2.

Table 2: Project Capital Costs

Pre Production LOM Sustaining
(US$M) (US$M)
Mining 2.8 0.2
Pre Stripping 14.7 0
Processing, Support, and Infrastructure 78.5 10.3
Owners Costs 9.0 0
Indirect Costs 2.3 0
EPCM 7.9 0
Working Capital (1) 12.4 0
TOTAL(2) 127.6 10.5
Notes:
(1) Working Capital is credited in Year 5
(2) Values are rounded and may not sum perfectly

Operating Costs

Operating costs for the Project are summarized in Table 3. Mining operating costs were estimated by RESPEC and based on estimated anticipated equipment hours and personnel requirements at a 25% markup for contractor rates. The off-road red-dye diesel fuel price in this estimate was assumed to be US$0.86/L. All other operating costs were estimated by KCA and based on first principles on certain components where possible, such as reagent and power consumption, along with benchmarking with similar operations for other components, such as labor, maintenance, and discretionary expenses.

Table 3: Project Operating Costs

LOM Total
(US$ M)
Per Tonne Processed
(US$)
Mining 153.0 13.42
Processing 77.2 6.77
G&A 23.4 2.05
TOTAL 253.6 22.24

Mine Production Schedule

The PEA mine production schedule includes mining of leach material and waste from three pits, Daylight, Twilight and Westridge. Westridge is the largest pit and will be developed in 3 phases with production commencing in Year 1 and ramping up to full production in Year 3. Daylight and Twilight will be developed in Years 1 and 2, respectively. Leach material will be sent to a centralized crushing plant and then stacked on a leach pad. The waste material will be sent to designed waste rock storage facilities (WRSF) or used as partial backfill.

Pre-stripping at Daylight and Westridge is required to develop sufficient stockpiles to feed the crusher. The production schedule requires seven months of preproduction.

The process schedule was developed with full production from year 1 through year 4 to a full 2.7 million tonnes per year. Table 4 shows the mine production schedule.

Table 4: Mine Production Schedule*

Year Tonnes Ore Mined
(kT)
Waste Tonnes
Moved
(kT)
Gold Grade
(g/t)
Gold Contained (koz) Gold Recovered
(koz)
-1 179 2,659 0.64 4
1 2,749 11,623 1.08 96 61
2 2,625 16,121 1.04 88 56
3 2,719 10,339 0.97 85 60
4 2,737 3,158 0.93 81 53
5 394 198 1.33 17 18
TOTAL 11,403 44,098 1.01 370 248
*May not sum due to rounding

Mining and Processing

The mineralized material will be mined by standard open-pit mining methods using a contractor-owned and operated mining fleet consisting of 92-tonne haul trucks and 17-m3 loading units. Mineralized material would be transported to the crushing circuit for processing then crushed material will be processed by conventional heap leaching methods. The nominal processing rate will be 2.7 million tonnes per annum or 7,500 tonnes per day. Three-stage crushing of the material to 12.7 mm, will be followed by conveyor stacking onto a multi-lift heap leach pad. Dilute sodium cyanide solution will be applied to the heap, with the pregnant gold bearing solution effluent from the heap being processed in a carbon adsorption-desorption recovery (ADR) plant. Gold will be produced in the form of doré bars from the on-site smelting process.

Table 5 below shows the key production parameters for the mine and processing units used in the generation of production and cash flow profiles.

Table 5: Mining and Processing Parameters

LOM
Mining
Total Waste Tonnes Mined (Mt) 44.1
Total Processed Tonnes Mined (Mt) 11.4
Total Tonnes Mined (Mt) 55.5
Heap Leach Gold Recovery Percentages
Westridge Oxide 67%
Day Light Oxide 71%
Twilight Oxide 62%
Mixed 40%

Mineral Resource Estimation

The mineral resource estimate (“MRE”) relating to the PEA was prepared in accordance with NI 43-101 using the CIM Definition Standards on Mineral Resources and Mineral Reserves adopted by CIM Council. The effective date of the MRE, which has been prepared by RESPEC in accordance with NI 43-101, is January 27, 2025. The MRE is shown in Table 6 below.

Table 6: Doby George Mineral Resource Estimate at the Aura Project

2025 Doby George Mineral Resources (1)
Cutoff
Au (g/t)
Tonnes Au (g/t) Au
(oz.)
Indicated 0.17 13,662,000 0.90 394,000
Inferred 0.17 3,270,000 0.68 71,000

Notes :

1. The effective date of Doby George’s MRE is January 27, 2025.
2. The project mineral resources comprise all model blocks at a cutoff grade of 0.17 g Au/tonne for all material within optimized pits.
3. The gold cut-off grade for Doby George Mineral Resources is based on a gold price of US$2,150/oz, an average gold recovery of 66%, and cost assumptions including: US$3.02/t cost for open-pit mining, US$6.52/t processing cost, US$1.89/t processed G&A cost, and US$5.00/oz Au refining cost. An average royalty of 3% has also been applied to cutoff grade determination.
4. The estimate of mineral resources may be materially affected by geology, environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.
5. There are no known factors related to metallurgical, environmental, permitting, legal, title, taxation, socio-economic, marketing, or political issues which could materially affect the mineral resource estimates contained in this news release.
6. Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grade, and contained metal content.
7. Mineral resources are not mineral reserves and do not have demonstrated economic viability. An inferred mineral resource has a lower level of confidence than that applying to an indicated mineral resource. It is reasonably expected that the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration.

The Doby George MRE includes the West Ridge, Daylight, and Twilight deposits. RESPEC modeled the mineral resource estimate for gold as follows:

  • Constraining gold mineral domains of low- and high-grade mineralization were modeled on 30 m-spaced vertical sections and transposed to long sections centered at 6 m mid-block locations. The Doby George geological model and other relevant geological data were used to guide the modeling of mineral domains.

  • A block model with 6 m by 6 m by 6 m blocks was coded with the gold domains using the 6 m-spaced long section interpretations.

  • Drill-hole assays were composited to 3 m length, honoring the mineralized gold domains.

  • Gold grades were interpolated into the block model using gold mineral domains to explicitly constrain grade estimations. RESPEC utilized Inverse Distance Cubed (ID3) and Quadrupled (ID4) interpolations for the estimation, achieving a localizing effect in the high-grade domain, and applied ID3 interpolation to the low-grade domain estimate. Individual domain grades were weight averaged to produce fully block-diluted reported mineral resources.

Technical Information and Qualified Persons

The PEA was completed by KCA of Reno, Nevada as lead independent consultant, and supported by RESPEC of Reno, Nevada on mineral resource estimation, mine planning and production scheduling, in accordance with NI 43-101.2 The Company intends to file the Technical Report on SEDAR+ ( ) under Western Exploration’s issuer profile within 45 days of the date of this news release.

The PEA is preliminary in nature, includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized. The Company has not defined any mineral reserves for the Doby George resource at the Aura Project. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

For readers to fully understand the information in this news release, reference should be made to the full text of the Technical Report, once filed, including all assumptions, qualifications and limitations therein. The Technical Report is intended to be read as a whole, and sections should not be read or relied upon out of context.

The PEA has been prepared by independent representatives of KCA and RESPEC, each of whom is a “qualified person” (within the meaning of NI 43-101) (each, a “qualified person”) and independent of Western Exploration for purposes of Section 1.5 of NI 43-101. Each qualified person has reviewed and approved the scientific and technical disclosure in this news release in the respective sections of the PEA for which they are responsible. At the effective date of the PEA, each qualified person has certified that, to the best of their knowledge, information, and belief, the parts of the PEA for which they were responsible, contain all scientific and technical information required to be disclosed to make the PEA not misleading. The affiliation and areas of responsibility for each qualified person involved in preparing the PEA are provided below.

  • Travis Manning, P.E. of KCA – processing design and costs, metallurgy, recovery and cash flow

  • Mr. Michael S. Lindholm, C.P.G. of RESPEC – geology, data base and MRE

  • Kyle Murphy, P.E. of RESPEC – open pit design, mine planning, scheduling and costing

About Western Exploration

Western Exploration is focused on advancing the 100% owned Aura Project, located approximately 120 kilometers/75 miles north of the city of Elko, Nevada. The Aura Project includes three unique gold and silver deposits: Doby George, Gravel Creek, and Wood Gulch. Western Exploration is comprised of an experienced team of precious metals experts that aim to lead the company to becoming North America’s premiere gold and silver development company.

Additional information regarding Western Exploration can be found on Western Exploration’s corporate website ( ) on SEDAR+ ( ) under Western Exploration’s issuer profile.

For more information please contact:

Darcy Marud
Chief Executive Officer
Telephone: (775) 329-8119
Email: …

Nichole Cowles
Investor Relations
Telephone: 775-240-4172
Email: …

Cautionary Statements Regarding Estimates of Mineral Resources

This news release uses the terms measured, indicated, and inferred mineral resources as a relative measure of the level of confidence in the resource estimate. Readers are cautioned that mineral resources are not mineral reserves and that the economic viability of resources that are not mineral reserves has not been demonstrated. The mineral resource estimate disclosed in this news release may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing, or other relevant issues. The mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards on Mineral Resources and Mineral Reserves” (CIM) incorporated by reference into NI 43-101. Under NI 43-101, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for preliminary economic assessments. Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves that can be mined economically.

Inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. On October 31, 2018, the SEC adopted new mining disclosure rules (” S-K 1300 “) that are more closely aligned with current industry and global regulatory practices and standards, including NI 43-101, although there are some differences in the two standards. Accordingly, information concerning mineral deposits contain in this release may not be comparable with information made public by U.S. companies that report in accordance with S-K 1300.

Cautionary Note Regarding Forward-Looking Information

This news release may contain “forward-looking information” and “forward-looking statements” within the meaning of the applicable Canadian and United States securities legislation (collectively, “forward-looking statements”). These forward-looking statements, by their nature, require the Company to make certain assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “potential”, “feasibility”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains the forward-looking information pertaining to, among other things: the results of the PEA being achieved; a Technical Report being filed within 45 days (if at all) supporting the results of the PEA described in this news release; the significance of the results of the PEA; the ability of exploration activities, including drilling, to accurately predict mineralization; management’s expectations on the grade and extension of mineralization; the accuracy of results from prior exploration activities conducted at the Aura Project; the key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in this news release; the prospects, if any, of the Doby George, Wood Gulch and Gravel Creek mineral deposits; the potential profitability and/or viability of Doby George and the extent of the potential profitability of Doby George; the PEA production schedule; the capital and operating costs involved in the Project; the potential for expansion at Doby George; the feasibility of oxide resources at Wood Gulch; and improvements to recovery through additional test work. Such factors include, among others, risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management’s geological modelling; the ability of Western Exploration to complete further exploration activities, including drilling; the uncertain nature of exploration activities; property and royalty interests in respect of the Aura Project; the ability of the Company to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Western Exploration cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Western Exploration nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Western Exploration does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

For additional information with respect to these and other factors and assumptions underlying the forward‐looking statements and forward-looking information made in this news release concerning Western Exploration, please refer to the continuous disclosure record of Western Exploration on SEDAR+ ( ) under Western Exploration’s issuer profile. The forward-looking statements set forth herein concerning Western Exploration reflect management’s expectations as at the date of this news release and are subject to change after such date. Western Exploration disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.



To view the source version of this press release, please visit

SOURCE: Western Exploration Inc.

MENAFN08052025004218003983ID1109524350

Cathedra Bitcoin Repurchases Another 14.2 Million Warrants For Cancellation

(MENAFN– Newsfile Corp)
Toronto, Ontario–(Newsfile Corp. – May 7, 2025) – Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the ” Company ” or ” Cathedra “), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, is pleased to announce that it has purchased for cancellation an aggregate of 14,205,000 subordinate voting share purchase warrants (the ” Warrants “) for an aggregate of US$75,002 (the “Transaction”). The Warrants had an exercise price of C$0.12.

5,000,000 of the Warrants were to expire on March 26, 2026, 3,205,000 Warrants were to expire on November 11, 2026 and 6,000,000 Warrants were to expire on June 9, 2027. The Warrants were cancelled concurrently with the closing of the Transaction.

“In the last few weeks, we have capitalized on the volatility in our stock by repurchasing and cancelling a total of nearly 25 million outstanding warrants, between the repurchase we are announcing today and that announced on March 24, 2025. This is a unique opportunity to eliminate potential future dilution and enhance value for our shareholders,” remarked Antonin Scalia, CEO of Cathedra.

About Cathedra Bitcoin Inc.

Cathedra Bitcoin Inc. develops and operates digital infrastructure assets across North America with the goal of maximizing its per-share bitcoin holdings. The Company hosts bitcoin mining clients across its portfolio of three data centers (30 megawatts total) in Tennessee and Kentucky and recently developed and sold a 60-megawatt data center in North Dakota, a joint venture in which Cathedra held a minority interest. Cathedra also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. Cathedra is headquartered in Vancouver and its shares trade on the TSX Venture Exchange under the symbol CBIT and in the OTC market under the symbol CBTTF.

At time of publishing, the Company holds approximately 50.7 bitcoin worth approximately US$4.8 million and amounting to approximately 6 satoshis (or “sats”) per share.

For more information about Cathedra, visit cathedra or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin.

Media and Investor Relations Inquiries

Please contact:

Antonin Scalia
Chief Executive Officer
+1 (604) 259-0607

Forward-Looking Statements

This news release contains certain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company, including statements about the Warrants, the reasons for cancelling the Warrant and the potential elimination of future dilution are forward-looking information. Forward-looking information contained in this news release includes but is not limited to the goal of maximizing its per-share bitcoin holdings. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made. The Company has also assumed that no significant events occur outside of its normal course of business.

Additionally, these forward-looking statements may be affected by risks and uncertainties in the business of Cathedra and general market conditions. Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Cathedra’s management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Cathedra believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: changes in the Company’s relationships, including with regulatory bodies, employees, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with extensive government regulation and the costs associated with compliance; unanticipated costs; changes in market conditions impacting the average revenue per MWh; the risks and uncertainties associated with foreign markets; the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine Bitcoin is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; and the power purchase agreements and economics thereof may not be as advantageous as expected. Additionally, the forward-looking statements contained herein may be affected by risks and uncertainties in the business of Cathedra and general market conditions. For further information concerning these risks and uncertainties and other risks and uncertainties, please see the Company’s filings under the Company’s SEDAR+ profile on , including but not limited to the Company’s management information circular dated June 18, 2024 and the Company’s most recent interim and annual management discussion and analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended and such changes could be material, including factors that are currently unknown to or deemed immaterial by the Company. Readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



To view the source version of this press release, please visit

SOURCE: Cathedra Bitcoin Inc.

MENAFN07052025004218003983ID1109518634

PTX Enhances The Geological Interpretation Of Its Exploration Target At The W2 Cu-Ni-PGE Project, Ontario

(MENAFN– Newsfile Corp)
Toronto, Ontario–(Newsfile Corp. – May 7, 2025) – PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF) (FSE: 9PX) (” PTX ” or the ” Company “), a mineral exploration company focused on Cu-Ni-Au-PGE and Gold projects in Ontario, is pleased to release a refined 3D geological interpretation and the new Heli-GT Magnetic Survey (Mag Survey) results for the Central Target area of the W2 Cu-Ni-Au-PGE Project (W2 Project) located in the Ring of Fire, Ontario, Canada. PTX engaged an independent consulting firm to create a 3D geological model and in-house resource estimate using the recently flown high-resolution Mag Survey, along with an incremented compilation of drilling data at the W2 Property.

This enhanced model has outlined a direct correlation of mineralization with a gabbro lithology unit, for which geophysics methods have emphasized the continuous nature of the targeted domains. Initially modeled as discrete zones (CA1, CA2 and AP) in the Exploration Target released on September 4th, 2024 (the Exploration Target), the new interpretation highlights the potential continuity of the mineralization as one or more Cu-Ni-Au-PG-bearing gabbro horizons that can be traced for approximately 8 km. These latest results produced a foundation for future exploration at the Central Target with objectives of improving and expanding the current resource estimates.

Additionally, as a corporate update, PTX is pleased to report that Cindy Davis, the company’s existing Corporate Controller, has been appointed to Chief Financial Officer (CFO) for a streamlined accounting and controller function.

Highlights of outcomes from recent work at the Central Target

  • New 3D geological interpretation:

    • Definition of an 8-km strike length folded stratigraphy-parallel horizon, and main host for mineralization.

    • Identified thrusting/fault imbrications responsible for thick mineralization intercepted at the CA1 showing; this geologic configuration is ideal for potential near surface bulk extraction.

    • Additional data compilation included 20 additional historical drill holes in the database, completing the consolidation of all historical and current drill holes for a total of 20,402m in 111 drill holes.

    • Updated 3D model formed the basis for an in-house, non-NI 43-101 compliant resource estimate which has further confirmed the Exploration Target, and will assist in providing context of ongoing exploration efforts.

  • High-resolution Mag Survey:

    • Improved definition of known magnetic anomalies.

    • Untested gabbro mag/conductivity high targets with potential for major expansion of the exploration target in the Central Target area.




Figure 1: Map view of interpretation for the Central Target Area of the W2 Property. Simplified geology and approximate location of fold axis (dashed blue), folded horizons A & B (dashed white & blue). Background is the reduced-to-pole total magnetic intensity (RTPTMI) derivative from the Mag Survey.

To view an enhanced version of this graphic, please visit:

The Central Target

The Central Target is an area of approximately 8 x 4 km of the W2 Project, corresponding to about 10% of the size of the Project. Within this area, bulk tonnage Cu-Ni-Au-PGE mineralization is identified as disseminated sulfides with zones of semi to massive sulfides, hosted primarily within gabbroic to ultramafic intrusions. Mineralization is typically associated with geophysical anomalies as coincident magnetic and conductivity highs. The CA and AP zones of the Central Target have been the focus of exploration for the Project, for which the data led to a rapid increase of knowledge on the mineralization style and growth potential.

The new model interpretation

The new model has emphasized the continuous nature of the magnetic and conductivity anomalies, interpreting the separate CA1, CA2 and AP zones as part of a single laterally extensive Cu-Ni-Au-PGE bearing gabbro horizon which can be traced across the Central Target area for approximately 8 km. The irregular geometry of the gabbro reflects a complex history of faulting and polyphase folding.

In the CA Zones, the map pattern has been interpreted as shallow-plunging tight to isoclinal folding around a near-vertical west-northwest striking axis extending for approximately 3 km from CA1 to CA2 zones. The updated geological model suggests a component of thrusting on many of the faults; this may locally have caused imbrication and resultant thickening of mineralization as thrusting can cause panels of mineralized gabbro to be shifted and “stacked” on top of each other, leading to drilled intercepts of continuous mineralized gabbro over 220m in the historic holes LH01-06, see NI 43-101 technical report filed on Sedar in September 2024. Fault thickening may be a critical upgrading factor for mineralization at W2, producing broad localized domains of mineralization amenable to bulk extraction.




Figure 2: Cross section of the CA1 Target showing interpreted anticline and thrusting along the northern limb. Interpretation based on airborne geophysics and drill hole logging and assays. Base map includes RTPTMI derived from the 2025 HeliGT Mag Survey.

To view an enhanced version of this graphic, please visit:

Complexity increases in the AP area, where shallow-plunging folds are refolded around a N-S fold axis; this pattern can be observed in the Mag Survey both locally in the Central Target area and at the property-scale. A second gabbro horizon with an interpreted extent of approximately 3 km hosts mineralization in the northwest part of the AP zone (Figure 1); this may represent a separate gabbro intrusion, or a complex fault/fold repetition of the main mineralized horizon. Additional work including drilling has been planned to continue to expand the system.

High-Resolution Mag Survey at Central Target:

PTX announced the completion of a new 3,191 line-km high-resolution Heli-GT aeromagnetic survey covering its W2 Project in January of 2025 (see press release January 22, 2025), which was completed by Scott Hogg & Associates (“SHA”). High-resolution geophysical data is critical at the Central Target since the known Cu-Ni-Au-PGE mineralization at the Property is associated with coincident Mag & Conductivity highs. The Mag Survey is also a key input for resolving geologic patterns as most the area is covered under glacial till.

Comparison of the old and new Mag Surveys in the Central Target area shows a subtle but critical improvement in the definition of key geologic features. Features which previously plotted as isolated blobs have now been defined as more continuous horizons (Figure 3); these linear targets have more potential for expansion along strike during exploration. In other cases, the updated Mag Survey traces fault offsets between isolated magnetic panels, emphasizing the continuous nature of the gabbro horizon which hosts mineralization (Figure 4). These details are critical for high-quality 3D modelling and effective drill targeting.




Figure 3: Comparison of old and new Mag Surveys in Central Area, north of the CA zones. Black dots represent interpreted conductivity anomalies. Isolated “high-mag blobs” circled on the left resolve into more continuous linear anomalies in the modern high-resolution survey. A cross-cutting dike is also visible in the Heli-GT survey.

To view an enhanced version of this graphic, please visit:




Figure 4: Comparison of old and new Mag Surveys east of the AP zone; black circles represent conductivity anomalies. An updated fault interpretation is traced onto the new survey, which shows well-defined northwest trends bridging between the anomalies; these trends were very obscure on the old survey.

To view an enhanced version of this graphic, please visit:

Potential to expand the Central Exploration Target

The updated 3D model stresses the continuous nature of the gabbro horizons, which hosts Polymetallic Cu-Ni-Au-PGE mineralization in the Central Target area with discontinuity largely a function of late fault offsets. Many of these fault blocks are untested or tested by single holes, despite coincident Mag/conductivity anomalies similar to those in densely drilled areas. Significant potential therefore exists to expand the Central Exploration Target by drilling in these relatively untested gabbro targets which can “link” between the existing showing areas. Examples would include the “CA_Inter” area between CA1 and CA2, the folded gabbro layers interpreted between CA2 and the AP Zones, and the gabbro west of AP (Figure 1).

Targeting and drill planning at the Central Target is under way based on the updated Mag Survey and 3D model. An initial 20-hole drill program has been designed, with a focus on expanding the Exploration Target, defining high-value parts of the mineral system (including areas of mineralization thickening/fault imbrication), and de-risking the project through verification of historic drilling with the goal of converting parts of the Exploration Target into compliant mineral resources.

Corporate Update:

The Company is also pleased to announce an update to the Chief Financial Officer as part of a transition planned in February 2025. Effective, May 1, 2025, the Company’s existing Corporate Controller, Cindy Davis, has taken on an expanded role as CFO and replaced Graham Warren.

The Company would like to thank Graham for his dedication and the financial guidance he provided as CFO for PTX Metals over the last four years, which has been an active growth period for the Company. We wish him well and further success with his other CFO roles and appreciate his assistance as a consultant in the short term. Cindy Davis, taking on the expanded role, with the assistance of Marrelli Support Services Inc., will allow for a streamlined accounting and controller function.

Cindy Davis Biography: Mrs. Cindy Davis possesses over 15 years of experience of providing accounting, financial reporting, regulatory compliance, and management advisory services to publicly listed companies, through Marrelli Support Services Inc. She also serves as the Chief Financial Officer for several publicly listed companies. Mrs. Davis is a Canadian Chartered Professional Accountant and holds a Bachelor of Science degree specializing in Accounting and Economics from the University of West Indies in Jamaica.

Qualified Person:

The technical information presented in this news release has been reviewed and approved by Thomas John Fingas, P. Geo., an independent qualified person to PTX Metals who is responsible for ensuring that the technical information provided in this news release is accurate and who acts as a “qualified person” (QP) as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About PTX Metals Inc.:

PTX is a mineral exploration company focused on high-quality strategic metals assets in northern Ontario, allowing exposure for shareholders to Copper, Gold, Nickel, and PGEs discovery. The Province of Ontario is renowned as a first-class mining jurisdiction for its abundance of mineral resources and safe jurisdiction.

Our corporate objective is to advance our assets and unveil the potential of two Flagship Projects, the W2 Cu-Ni-PGE located in the strategic Ring of Fire region, and the Shining Tree Gold Project neighbor to multi-million ounces gold deposits in the Timmins Gold Camp.

PTX’s portfolio of assets was strategically acquired for their geologically favorable attributes, and proximity to established mining companies.

PTX is based in Toronto, Canada, with a primary listing on the TSXV under the symbol PTX. The Company is also listed in Frankfurt under the symbol 9PX and on the OTCQB in the United States as PANXF.

For additional information on PTX, please visit the Company’s website at .

For further information, please contact:

Greg Ferron, President and Chief Executive Officer
Phone: +1 (416) 270-5042
Email: …

Forward-Looking Information

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information, including statements regarding the ability of the Company to satisfy the regulatory, stock exchange and commercial closing conditions of Private Placement, and the potential development of mineral resources and mineral reserves which may or may not occur. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and general economic and political conditions. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary approvals, including governmental and regulatory approvals, will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by applicable laws. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the Company’s public filings available under the Company’s profile at .

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.



To view the source version of this press release, please visit

SOURCE: PTX Metals Inc.

MENAFN07052025004218003983ID1109518663

Metavista3d Enters Into Memorandum Of Understanding With VIN International To Develop 3D Camera Prototype For Vehicles

(MENAFN– Newsfile Corp)
Vancouver, British Columbia–(Newsfile Corp. – May 6, 2025) – Metavista3D Inc. (TSXV: DDD) (FSE: E3T) (“Metavista3D” or the “Company”) , announces that, further to its press release of December 6, 2024, the Company has entered into a memorandum of understanding (the ” MOU “) with VIN International FZCO (” VIN “) to co-develop an automotive safety prototype and demonstration unit featuring 3D spatial camera systems. VIN is a member of the VIN Group, with subsidiaries in Dubai, the Kingdom of Saudi Arabia, and Bahrain. VIN is a leading provider of advanced safety and security technologies for luxury and heavy-duty vehicles. Its product portfolio includes road safety devices such as construction site safety solutions, fatigue monitoring systems, vehicle cameras, and collision avoidance systems.

As the automotive industry continues to evolve, this collaboration focuses on integrating 3D spatial camera systems to support advancements in vehicle safety and operational efficiency, which currently rely on 2D technology. The collaboration is expected to expand VIN Technology Systems’ product portfolio with tools designed to detect and address safety risks in real-time. The MOU reflects a mutual interest in exploring potential long-term partnership opportunities which brings together the technical capabilities of both companies to address evolving safety requirements in the Middle East market.

“Our collaboration with VIN Technology Systems reflects a shared focus on bringing technological solutions to the automotive, truck, and heavy vehicle sectors,” said Jeff Carlson, CEO of Metavista3D. “By combining our expertise in glasses-free 3D visualization with VIN Technology Systems’ extensive experience in vehicle safety, we aim to develop practical solutions that improve spatial awareness and enhance overall safety on the road.”

About VIN Technology Systems

VIN Technology Systems is a leader in providing breakthrough safety and security devices designed for luxury and heavy-duty vehicles. For more information, visit .

About Metavista3D

Metavista3D Inc., through its wholly owned subsidiary, psHolix AG, is engaged in the development of AI-driven, pseudo-holographic display technologies targeting applications in spatial content and immersive visualization. The Company holds a portfolio of over 20 patents and is positioning its technology to address emerging market opportunities in glasses-free 3D interfaces. For more information, visit .

Metavista3D’s shares are publicly traded and listed in Canada on the TSX-Venture Exchange under the ticker symbol DDD, and on the German Stock Exchange in Frankfurt and others under the ticker symbol E3T.

Metavista3D’s ISIN number is CA59142H1073 and German WKN number is A3EG0D.

ON BEHALF OF THE BOARD OF DIRECTORS

Jeff Carlson
CEO and Director
E: …
T: (647) 697-9199 or (702) 518-3220

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice Regarding Forward-Looking Information:

This news release contains forward-looking statements including but not limited to statements regarding the Company’s business, assets or investments, as well other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investor interest in the business and prospects of the Company.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.



To view the source version of this press release, please visit

SOURCE: Metavista3D, Inc.

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