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Metavista3d Celebrates Strategic Partnership With Korean Conglomerate

(MENAFN– Newsfile Corp)
Vancouver, British Columbia–(Newsfile Corp. – January 14, 2025) – Metavista3D Inc. (TSXV: DDD) (FSE: E3T) (“Metavista3D” or the “Company”) Achieving a significant milestone at this year’s Consumer Electronics Show (CES), Metavista3D showcased its visionary technology at a prime location on the exhibition floor, capturing the attention of industry leaders and innovators alike. The event not only positioned Metavista3D at the forefront of the metaverse and immersive Technology sectors but also facilitated the formation of a pivotal partnership that will propel its future advancements.

Prime Exhibition Space and Positive Reception

Taking over the spot previously reserved for tech giant Hewlett-Packard (NYSE: HPQ), Metavista3D attracted significant interest with its immersive 3D solutions, eliciting praises from attendees and securing valuable leads. This strategic positioning and subsequent visibility have reinforced its reputation as a key player in the realm of immersive experiences and 3D content.

Forging New Pathways with Caliverse

One of the most notable achievements at CES 2025 was the signing of a Memorandum of Understanding (MOU) with Caliverse, Inc., a subsidiary within the influential Lotte Group. Specializing in integrating real-world content into virtual worlds, Caliverse brings its considerable expertise and visionary goals to this partnership. Together, they aim to revolutionize immersive entertainment experiences, leveraging Metavista3D’s multi-user display technology to unlock vast market opportunities. The partnership promises to blend Metavista3D’s cutting-edge technology with Caliverse’s ambitious vision, making significant inroads into the burgeoning metaverse landscape.


Metavista3d Celebrates Strategic Partnership With Korean Conglomerate Image

In the Picture from left to right: Dr. Rolf-Dieter Naske, CTO of Metavista3D, Kim DongKyu, CEO of Caliverse, Jeff Carlson, CEO of Metavista3D

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Vision for Expansion and Innovation

Reflecting on the partnership’s potential, Jeff Carlson, spokesperson for Metavista3D, shared his enthusiasm: “This partnership allows Metavista3D to enter new markets and tap into the growing demand for immersive technology in entertainment. The metaverse is still an underdeveloped opportunity for our company, and we’re thrilled to be part of this rapidly evolving space. The possibilities are endless, and we look forward to what lies ahead.”

This strategic alliance positions Metavista3D to make significant strides in developing next-generation digital experiences, exemplifying a commitment to innovation and industry leadership. As Metavista3D continues to break new ground, the future indeed looks promising for this dynamic company as it redefines digital engagement and immersive entertainment.

About CES

CES is the most powerful tech event in the world. This event is where brands get business done and where the industry’s sharpest minds take the stage to unveil their latest groundbreaking innovation. CES is produced by the Consumer Technology Association (CTA)®. For more information, visit .

About Caliverse

Caliverse, Inc., a subsidiary of Lotte Group, is an immersive entertainment company focusing on integrating real-world content into the metaverse. With expertise in 3D shopping experiences, live entertainment, and virtual concerts, Caliverse is shaping the future of entertainment in the digital age. For more information, visit: and

About Metavista3D ()

Metavista3D Inc., through its wholly-owned subsidiary, psHolix AG, is at the forefront of developing AI-driven, pseudo-holographic display technologies designed to transform how we interact with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of immersive, glasses-free 3D experiences. 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

Jeffrey Carlson
CEO and Director
E: …
T: (647) 697-9199

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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Canadian Gold Resources Ltd. (CAN) Closes The Market


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Toronto, Ontario–(Newsfile Corp. – January 13, 2025) – Ronald J. Goguen, Chairman, President and Chief Executive Officer, Canadian Gold Resources Ltd. (“Canadian gold Resources” or the “Company”) (TSXV: CAN) and his team, joined Robert Peterman, Chief Commercial Officer, Toronto stock exchange (TSX), to close the market to celebrate the Company’s new listing on TSX Venture Exchange.

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Canadian Gold Resources Ltd. is a Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec. The Company targets under-explored, past-producing properties with significant growth potential, leveraging modern exploration techniques to unlock value. A bulk sample extraction planned for 2025 provides a clear path to near-term cash flow and early dividends-rare for junior gold explorers. With a team of experienced professionals and a commitment to sustainability and community engagement, Canadian Gold Resources is well-positioned to capitalize on opportunities within this historic and promising gold region. For more information, visit .

MEDIA CONTACT:
Susan Xu
Investor Relations

778-323-0959

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

SOURCE: Toronto Stock Exchange

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Cygnus Metals Ltd. (CYG) Opens The Market


(MENAFN– Newsfile Corp)
Toronto, Ontario–(Newsfile Corp. – January 13, 2025) – Ernest Mast, President and Managing Director, Cygnus Metals Ltd. (TSXV: CYG) (“Cygnus Metals” or the “Company”), and his team, joined Robert Peterman, Chief Commercial Officer, Toronto stock exchange (TSX), to open the market to celebrate the Company’s new listing on TSX Venture Exchange.

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Cygnus Metals Limited (TSXV: CYG) (ASX: CY5) is a diversified critical minerals exploration and development company with projects in Quebec, Canada and Western Australia. The Company is dedicated to advancing its Chibougamau Copper-Gold Project in Quebec with an aggressive exploration program to drive resource growth and develop a hub-and-spoke operation model with its centralised processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus team has a proven track record of turning exploration success into production enterprises and creating shareholder value.

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Ivanhoe Electric’s Typhoon(TM) Technology Quickly Proves Its Power With Discovery In Saudi Arabia

(MENAFN– Newsfile Corp)

  • drilling Intersected Copper Mineralization in Three Holes to a Depth Beyond 700 Meters and Remains Open

  • The Joint Venture Has Three Typhoon TM Units Active in Saudi Arabia

Riyadh, Saudi Arabia–(Newsfile Corp. – January 13, 2025) – Ivanhoe Electric Inc. (NYSE American: IE) (TSX: IE) (“Ivanhoe Electric”) Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to provide initial drill results from the Company’s 50/50-owned joint venture with Saudi Arabian Mining Company Ma’aden (“Ma’aden”) (Saudi Stock Exchange Tadawul: 1211). The Joint Venture’s initial drill program focused on the Umm Ad Dabah prospect, near Ma’aden’s existing Al Amar gold-copper-zinc mine. The Joint Venture is using Ivanhoe Electric’s advanced TyphoonTM geophysical surveying systems and Computational Geosciences Inc.’s (“CGI”) industry-leading inversion software to guide exploration activities.

Mr. Friedland commented: “The rapid drill results achieved by our Joint Venture with Ma’aden illustrate the powerful capabilities of Ivanhoe Electric’s technology-driven exploration platform. The power and accuracy of our TyphoonTM geophysical surveying technology and Computational Geosciences’ software and algorithms enabled us to discover quickly a new copper zone near the Al Amar district. Imagine what would happen if we took the power of our technologies to explore all of Saudi Arabia for copper, gold, nickel, lithium and other metals.”

Mr. Melvin commented: “Our Joint Venture has the right people and technologies to explore rapidly and accurately for new sources of copper, gold, and other minerals at depths exceeding one kilometer. We are excited by the initial results at Umm Ad Dabah.”

Ma’aden CEO Bob Wilt commented: “Ivanhoe Electric’s TyphoonTM technology has been a significant asset to our exploration program and these initial surveys and drill results demonstrate that these cutting-edge technologies are the right tools to unlock the vast mineral potential of the Kingdom.”

Typhoon TM and CGI technologies allow for successful, rapid, large-scale and deep-penetrating geophysical surveys

The Joint Venture’s first TyphoonTM survey covered 76 square kilometers near Ma’aden’s Al Amar gold-copper-zinc mine. It was completed in March 2024. Subsequent TyphoonTM surveys have covered an additional 162 square kilometers of the Al Amar exploration licenses.

Ivanhoe Electric’s 94%-owned subsidiary, Computational Geosciences Inc., is headquartered in Vancouver, Canada, near the University of British Columbia. CGI offers world class geophysical data processing capabilities to model a broad range of surveys in three dimensions. The world-leading performance of its superior algorithms is driven by adaptive meshes and the ability to identify relevant structures in high resolution to support geological interpretation and drill hole targeting. Through advanced research and development, CGI uses machine-learning methods to develop innovative quality assurance and quality control tools that have been fully integrated with the TyphoonTM system.

These tools have revolutionized workflow efficiency, enabling CGI to complete tasks that previously took weeks in just minutes. Importantly, CGI is now able to deliver complex three-dimensional inversion results within 24 hours of receiving terabytes of raw data from TyphoonTM geophysical surveys.

The image below highlights the first three areas quickly identified for drilling by the Joint Venture team, using TyphoonTM and CGI. The Joint Venture team will be seeking similar and larger anomalies as exploration activities expand across the 48,500 square kilometers of prospective land included in the Joint Venture.


Ivanhoe Electric

Figure 1. Plan view map of the Umm Ash Shalahib license area, showing TyphoonTM chargeability anomalies at Umm Ad Dabah, Area B, and Area C.

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Copper mineralization intersected at Umm Ad Dabah associated with significant Typhoon TM anomaly

The Umm Ad Dabah prospect is located 6 kilometers to the northeast of Ma’aden’s Al Amar Mine. The prospect was identified during the initial 76 square kilometer TyphoonTM survey. CGI rapidly processed and inverted the TyphoonTM geophysical data, identifying two significant chargeability anomalies that span approximately 4.5 kilometers in length. The southern anomaly, beginning around 200 meters below the surface and extending beyond 1,000 meters in depth, has a strike length of 1.8 kilometers (Figure 2).


Ivanhoe Electric

Figure 2. Cross-section through Umm Ad Dabah, looking west, showing the southern TyphoonTM chargeability anomaly, the location of Joint Venture drill hole collars, their traces, and total sulfide minerals abundance.

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Exploration drilling commenced in August 2024, with a total of 5,490 meters drilled across eight completed holes (Figure 2). Three of the drill holes intersected copper mineralization in the southern anomaly, including:

Mineralization is present as semi-massive to massive accumulations of precious metal-bearing iron and copper sulfides hosted in altered volcanic and volcaniclastic rocks. Drilling to date has defined a mineralized system extending over 250 meters in strike length and 400 meters down dip.


Ivanhoe Electric

Photo 1. Drill core from discovery hole UAD-005 at Umm Ad Dabah from 725.7 to 729.1 meters showing semi-massive to massive brassy pyrite (an iron sulfide mineral) and brassy-yellow chalcopyrite (a copper sulfide mineral that is approximately 35% copper by weight) detected by TyphoonTM.​

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2025 exploration activities will focus on Al Amar district, Wadi Bidah, and Bir Umq license areas

Drilling will continue in the Al Amar Belt to explore for additional accumulations of massive sulfide mineralization, guided by results from an ongoing TyphoonTM survey and receipt of outstanding assays. Drilling has now moved to Areas B and C south of the Al Amar Mine (Figure 1).

There are three TyphoonTM systems operating in Saudi Arabia. Two units in the Al Amar Belt, and the third unit at the Gehab prospect in the Wadi Bidah Belt.


Ivanhoe Electric

Figure 3. Plan view map of southwest Saudi Arabia, showing the Umm Ash Shalahib, Al Amar, Wadi Bidah, and Bir Umq license areas.

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Highlighted new drill intercepts from Umm Ad Dabah at the Umm Ash Shalahib exploration license.

DRILL HOLE LOCATION FROM
(m)
TO
(m)
INTERVAL LENGTH
(m)
COPPER
(%)
SILVER
(g/t)
UAD-005 Umm Ad Dabah 699.0 704.0 5.0 0.67 3.4
AND 717.9 731.0 13.1 1.31 4.5
UAD-006 Umm Ad Dabah 344.6 347 2.4 0.51 1.0
AND 351.0 353.2 2.2 0.41 0.8
AND 374.5 380.4 5.9 0.79 1.9
* Reported intervals are calculated at a cut-off grade of 0.3% copper.
*True width is approximately 50% of interval length.
*Some rounding errors may occur.


Ivanhoe Electric

Photo 2. TyphoonTM deployed on the Umm Ash Shalahib exploration license.

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Other Technical Information

The Joint Venture employs a comprehensive industry standard Quality Assurance/Quality Control (“QA/QC”) program. PQ, HQ, and NQ diamond drill core is cut lengthwise into 2 halves, 1/2 is sent to for assay, and 1/2 is left behind in a secure facility for future assay verification.

The Joint Venture uses ALS Minerals Laboratory in Jeddah, Saudi Arabia. This laboratory operates in accordance with ISO/IEC 17025. Gold is assayed by a 50 g fire assay with an atomic absorption finish. An initial multi-element suite including copper, molybdenum, silver, and additional elements are analysed by four-acid digestion with an ICP-MS finish. All samples with copper values over 10,000 ppm and gold greater than 10 ppm are subjected to an overlimit method for higher grades, which also uses a four-acid digest with an ICP-ES finish, and fire assay with gravimetric finish. Certified reference materials, blanks, and duplicates are randomly but consistently inserted at the geologist’s discretion and QA/QC geologist’s approval into the sample stream to control laboratory performance.

Qualified Persons

Disclosures of a scientific or technical nature included in this news release have been reviewed, verified and approved by Charles N. Forster, P.Geo., and Mark Gibson, P.Geo., both who are Qualified Persons as defined by Regulation S-K, Subpart 1300 promulgated by the U.S. Securities and Exchange Commission and by Canadian National Instrument 43-101. Mr. Forster is a Senior Advisor to Ivanhoe Electric and Mr. Gibson is Chief Geophysics Officer of Ivanhoe Electric.

About Ivanhoe Electric

We are a U.S. company that combines advanced mineral exploration technologies with electric metals exploration projects predominantly located in the United States. We use our accurate and powerful TyphoonTM geophysical surveying system, together with advanced data analytics provided by our subsidiary, Computational Geosciences Inc., to accelerate and de-risk the mineral exploration process as we seek to discover new deposits of critical metals that may otherwise be undetectable by traditional exploration technologies. We believe the United States is significantly underexplored and has the potential to yield major new discoveries of critical metals. Our mineral exploration efforts focus on copper as well as other metals including nickel, vanadium, cobalt, platinum group elements, gold and silver. Through the advancement of our portfolio of electric metals exploration projects, headlined by the Santa Cruz Copper Project in Arizona and the Tintic Copper-Gold Project in Utah, as well as other exploration projects in the United States, we intend to support United States supply chain independence by finding and delivering the critical metals necessary for the electrification of the economy. We also operate a 50/50 joint venture with Saudi Arabian Mining Company Ma’aden to explore for minerals on ~48,500 km2 of underexplored Arabian Shield in the Kingdom of Saudi Arabia.

Website:

About Ma’aden

Ma’aden is the largest multi-commodity mining and metals company in the Middle East and among the fastest-growing mining companies in the world, with revenues of SAR 40.2 billion (US$10.7 billion) in 2022. Ma’aden is developing the mining industry into the third pillar of the Saudi economy in line with Vision 2030 and aims to be a role model in responsible and sustainable operations. Ma’aden operates 17 mines and sites, has 6,000+ direct employees and exports products to over 30 countries. Ma’aden is embarking on massive growth over the next 18 years across phosphate, aluminum, gold, copper and new minerals. Ma’aden is also Ivanhoe Electric’s second largest stockholder holding approximately 9.9% of the currently issued common stock.

Website

Contact Information

Mike Patterson
Vice President, Investor Relations and Business Development
Email: …
Phone: 1-480-601-7878

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Ivanhoe Electric’s Executive Chairman Robert Friedland: @robert_ivanhoe

Ivanhoe Electric: @ivanhoeelectric

Ivanhoe Electric’s investor relations website located at should be considered Ivanhoe Electric’s recognized distribution channel for purposes of the Securities and Exchange Commission’s Regulation FD.

Forward-Looking Statements

Certain statements in this news release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable U.S. and Canadian securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Ivanhoe Electric, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as “may”, “would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. These statements reflect Ivanhoe Electric’s current expectations regarding future events, performance and results and speak only as of the date of this news release.

Such statements in this news release include, without limitation statements regarding the timing and results of drilling activities and assays, continued drilling at Umm Ad Dabah and in the Al Amar district, the continued use of two TyphoonTM units in the Al Amar Belt and one TyphoonTM unit at the Gehab prospect in the Wadi Bidah Belt, the functioning of our technology, CGI’s ability to continue to advance data processing capabilities, and other planned or potential developments in the businesses of Ivanhoe Electric.

Forward-looking statements are based on management’s beliefs and assumptions and on information currently available to management. Such statements are subject to significant risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including any inability to negotiate and sign mutually agreeable definitive agreements; any inability to satisfy all applicable closing conditions; changes in the prices of copper or other metals Ivanhoe Electric is exploring for; the results of exploration and drilling activities and/or the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations; the final assessment of exploration results and information that is preliminary; the significant risk and hazards associated with any future mining operations, extensive regulation by the U.S. government as well as local governments; changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with Ivanhoe Electric to perform as agreed; and the impact of political, economic and other uncertainties associated with operating in foreign countries, and the impact of the COVID-19 pandemic and the global economy. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements and risk factors described in Ivanhoe Electric’s Annual Report on Form 10-K and other filings with the U.S. Securities and Exchange Commission at .

No assurance can be given that such future results will be achieved. Forward-looking statements speak only as of the date of this news release. Ivanhoe Electric cautions you not to place undue reliance on these forward-looking statements. Subject to applicable securities laws, Ivanhoe Electric does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release, and Ivanhoe Electric expressly disclaims any requirement to do so.


Ivanhoe Electric

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SOURCE: Ivanhoe Electric

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Tristar Announces A $1.5 Million Non-Brokered Private Placement And A Change In Officers

(MENAFN– Newsfile Corp)
Scottsdale, Arizona–(Newsfile Corp. – January 13, 2025) – TriStar Gold Inc. (TSXV: TSG) (OTCQB: TSGZF) (“TriStar” or the “Company”) is pleased to announce the commencement of a non-brokered private placement at a price of C$0.13 per common share for gross proceeds to the Company of up to C$1.5 million (the “Offering”). The Company intends to use the net proceeds of the Offering for general working capital purposes and to further advance its Castelo de Sonhos gold project. If fully subscribed, the Company anticipates it will issue up to 11,538,461 common shares.

The Offering is scheduled to close on or around January 27, 2025 and is subject to certain conditions including, but not limited to, receipt of all regulatory approvals, including the approval of the TSX Venture Exchange. The common shares to be issued in the Offering will be subject to a four-month hold period in accordance with applicable securities laws.

Change in Officers

Tristar also announces that Mr. Brian Irwin, the Company’s Corporate Secretary retired effective January 1, 2025. Mr. Scott Brunsdon, currently the Chief Financial Officer of the Company will assume the added duties of Corporate Secretary. Mr. Brunsdon has been CFO of TriStar since 2016 and has previously acted as the corporate secretary of other companies. In accordance with Mr. Irwin’s employment agreement, he will receive a total of 769,230 common shares of the Company, as a termination payment, subject to the approval of the TSX Venture Exchange. The common shares to be issued to Mr. Irwin were valued at the closing price of Tristar’s common shares on December 31, 2024 (or C$0.13 per share) and will be subject to a four-months hold period in accordance with applicable securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under United States Securities Act of 1933 as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.

About TriStar

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 Castelo de Sonhos in Pará State, Brazil. 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:

Jessica Van Den Akker, Acting CEO and director

For further information, please contact:

TriStar Gold Inc.
Scott Brunsdon,
CFO
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 all statements regarding the planned completion of the Offering and the planned use of proceeds 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 risks related to regulatory approval and permit challenges, changes 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.

NOT FOR DISTRIBUTION IN THE UNITED STATES or THROUGH US NEWSWIRE SERVICES


Tristar Announces A $1.5 Million Non-Brokered Private Placement And A Change In Officers Image

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SOURCE: TriStar Gold Inc.

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Radisson Provides 2025 Outlook And Exploration & Development Plans For The O’brien Gold Project

(MENAFN– Newsfile Corp)
Rouyn-Noranda, Quebec–(Newsfile Corp. – January 13, 2025) – Radisson mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) (” Radisson ” or the ” Corporation “) is pleased to provide a 2025 outlook and exploration & development plan for the Company’s 100%-owned O’Brien Gold Project (” O’Brien ” or the ” Project “) located in the Abitibi region of Québec.

Matt Manson, President and CEO, commented: “In 2025 we are planning a comprehensive and fully funded exploration and project development program at O’Brien to understand the potential scope of the Project, and significantly advance it towards development. This program includes drilling focussed on the extension of gold mineralization at the Project to depth, building on the impressive deep results achieved at the tail end of 2024. Our drilling will be complemented by surface trenching and stripping, and a program to delineate the extension to surface of the famous O’Brien “Jewellery Box” zone, recently rediscovered by Radisson drilling. In development work, we expect to shortly conclude the metallurgical studies and milling assessment currently ongoing under a Memorandum of Understanding (“MOU”) with IAMGOLD Corporation and based on the nearby Doyon mill. We contemplate commencing a companion Preliminary Economic Assessment (“PEA”) for O’Brien, based on utilizing the Doyon mill, upon the successful completion of this preliminary technical work. This year will also see an increased focus on baseline environmental studies at O’Brien, and community engagement, as a future potential O’Brien mining operation comes into focus. We see O’Brien as a low cost, small footprint and high margin mining operation with significant exploration upside and developed within a hub-and-spoke mining and milling arrangement characteristic of gold mining in the Abitibi. Our 2025 work plan has been developed with this clear strategy in mind.”

A total exploration budget of approximately C$6.8M has been established for 2025, including all drilling and assay costs, surface stripping and trenching, personnel, permitting costs and site support. This will be fully funded from Radisson’s existing treasury.

Details of the 2025 work program are as follows:

  • 22,000 Metres of Exploration Drilling

    Radisson’s 2025 exploration drilling at O’Brien will focus on expanding the scope of known mineralization below the existing mineral resources. In December 2024, Radisson released the results of the deepest hole ever drilled at the Project and the first hole drilled directly below the historic O’Brien Mine workings. Sheared, altered and mineralized rocks of the Piché Group, the dominant host rocks for O’Brien gold mineralization, were intersected at approximately 1,500 metres vertical depth, 500 metres below previous drilling, and returned 242.0 grams per tonne (“g/t”) gold (“Au”) over 1.0 metre within a mineralized interval that averaged 31.24 g/t Au over 8.0 metres. In September 2024, Radisson intersected 27.61 g/t Au over 6.0 metres including 102.0 g/t Au over 1 metre at 1,100 metres vertical depth, 170 metres below previous drilling (see Figure 1 ). Radisson believes that these results demonstrate the continuation of the O’Brien mineralizing system well below the base of the March 2023 Mineral Resource, which is defined to a maximum vertical depth of 900 metres. Approximately 75% of the existing mineral resource is defined to a depth of only 600 metres.

    The 2025 exploration program will incorporate wedges and directional drilling from deep pilot holes. An initial 22,000 metres have been planned, and an expansion of the program in the second half of the year will be assessed based on the initial results achieved.


    Radisson Provides 2025 Outlook And Exploration & Development Plans For The O

    Figure 1: Long Section in Oblique View of Gold Vein Mineralization and Mineral Resources at the O’Brien Gold Project, with recent deep drilling results.

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  • Exploration for the O’Brien Jewellery Box, including Surface Stripping and Trenching

    In addition to the deep exploration program, Radisson plans a program of shallower drilling and surface exploration to trace the location of the famous O’Brien “Jewellery Box” zone. In December 2024, Radisson announced the likely rediscovery of the Jewellery Box, an historic mining stope believed to be the source of extremely high-grade and museum quality gold samples, with a drill intercept of 643.1 g/t Au over 2.1 metres, including 1,345.0 g/t Au over 1.0 metre . This program will attempt to trace the Jewellery Box from 200 metres depth, where it was last mined, to the surface, including stripping of surface overburden. Delineation of the Jewellery Box zone could offer an extremely high-grade mining area to be exploited early in the development of a future O’Brien mine.

    Radisson also plans a 1.1 kilometre program of trenching across the breadth of the O’Brien property designed to expose Piche Rocks adjacent to the Cadillac-Larder Lake Break over an approximate strike length of 4 kilometres, extending from west of the historic O’Brien mine to the eastern boundary of the current property. The purpose of this trenching program is to identify additional areas of exploration potential for future drilling, and to observe directly the geological setting of O’Brien gold mineralization.

  • Completion of Metallurgical and Milling Assessment, and PEA

    In September 2024, Radisson entered into an MOU with IAMGOLD Corporation to assess the design criteria for processing mined material from O’Brien at the nearby Doyon gold mill, part of IAMGOLD’s Doyon-Westwood mine complex. The Doyon mill is located 21 kilometres west of O’Brien directly accessible along Trans-Canada Highway 117. The work has included metallurgical studies, an assessment of flow-sheet configurations at Doyon and potential mill modifications, and a review of future processing and tailings disposal capacity at Doyon. The results of this work are expected to be concluded and reported shortly. The MOU facilitates the exchange of technical data between Radisson and IAMGOLD Corporation and is non-binding and non-exclusive. It contains no specific terms around potential commercial arrangements between the parties, and there is no certainty that any arrangement between the parties will result from their dealings pursuant to the MOU. However, Radisson contemplates further discussions with IAMGOLD, and a companion O’Brien PEA, upon the successful completion of this preliminary technical work.

  • Expanded Environmental Baseline Assessment and Community Engagement

    The 2025 work program will include an increased focus on environmental baseline data collection and community engagement, based on the strategy of developing O’Brien as a low-footprint, underground mining operation without a stand-alone processing or tailings storage facility, and utilizing existing road and power infrastructure. In addition to the Project’s ground water sampling program, which has been ongoing for several years, Radisson has retained the services of BBA Inc. to commence a baseline monitoring program for noise, vibration and ambient air quality at the O’Brien site.

    Radisson will also increase its focus on community engagement and communication, based on the municipalities immediately adjacent to the Project and First Nations groups within the Abitibi-Témiscamingue region.

    Qualified Person

    Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Nieminen is independent of Radisson and the O’Brien Gold Project.

    Radisson Mining Resources Inc.

    Radisson is a gold exploration company focused on its 100%-owned O’Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. The Bousquet-Cadillac mining camp has produced over 25 million ounces of gold over the last 100 years. The Project hosts the former O’Brien Mine, considered to have been Québec’s highest-grade gold producer during its production. Indicated Mineral Resources are estimated at 0.50 million ounces (1.52 million tonnes at 10.26 g/t Au), with additional Inferred Mineral Resources estimated at 0.45 million ounces (1.60 million tonnes at 8.66 g/t Au). Please see the NI 43-101 “Technical Report on the O’Brien Project, Northwestern Québec, Canada” effective March 2, 2023, Radisson’s Annual Information Form for the year ended December 31, 2023 and other filings made with Canadian securities regulatory authorities available at for further details and assumptions relating to the O’Brien Gold Project.

    For more information on Radisson, visit our website at or contact:

    Matt Manson
    President and CEO
    416.618.5885

    Kristina Pillon
    Manager, Investor Relations
    604.908.1695

    Forward-Looking Statements

    This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, the ability to incorporate new drilling in an updated technical report and resource modelling, the Company’s ability to grow the O’Brien project and the ability to convert inferred mineral resources to indicated mineral resources. Any statement that involves discussions with respect to 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”, “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. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to the drill results at O’Brien; the significance of drill results; the ability of drill results to accurately predict mineralization; the ability of any material to be mined in a matter that is economic. 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, the parties cannot assure shareholders and prospective purchasers of securities 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 the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company 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. These statements speak only as of the date of this news release.

    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.


    Radisson Provides 2025 Outlook And Exploration & Development Plans For The O

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

    SOURCE: Radisson Mining Resources

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    Metavista3d Announces Prototype Agreement During CES2025

    (MENAFN– Newsfile Corp)
    Vancouver, British Columbia–(Newsfile Corp. – January 10, 2025) – Metavista3D Inc. (TSXV: DDD) (FSE: E3T) (“Metavista3D” or the “Company”) Metavista3D continues to be surprised and excited by the burgeoning interest in its technology, opening doors to markets previously unanticipated. During the past two days of CES, Jeff Carlson, CEO of Metavista3D, and director of an innovative leader in contemporary electric display and technology for residential and commercial environments agreed to produce prototype display for the company to review for potential production orders. Details about the about prototype order, and the company will be announced in the next few weeks after receiving technical specifications, and units required of the order.

    This global curiosity further validates the relevance and applicability of Metavista3D’s innovations, promising a plethora of opportunities for diversification and growth. The company remains committed to exploring these new avenues, ensuring that its technological advancements meet the evolving demands of an increasingly digitized world.

    Jeff Carlson, Metavista3D’s spokesperson, expressed his enthusiasm about the partnership, stating, “This alliance embodies a shared vision for the future of spatial reality. The unexpected interest we’ve received from new markets underscores the transformative potential of our technology. Our goal is to redefine how audiences engage with digital content, taking it beyond the confines of conventional display technologies.”


    Metavista3d Announces Prototype Agreement During CES2025 Image

    Metavista3D booth at CES2025, Dr. Rolf-Dieter Naske, CTO (Left) and Jeff Carlson, CEO (Right)

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

    About CES

    CES is the most powerful tech event in the world. This event is where brands get business done and where the industry’s sharpest minds take the stage to unveil their latest groundbreaking innovation. CES is produced by the Consumer Technology Association (CTA)®. For more information, visit .

    About Metavista3D ( )

    Metavista3D Inc., through its wholly-owned subsidiary, psHolix AG, is at the forefront of developing AI-driven, pseudo-holographic display technologies designed to transform how we interact with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of immersive, glasses-free 3D experiences. 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.

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    Andean Precious Metals Corp. (APM) Opens The Market


    (MENAFN– Newsfile Corp)
    Toronto, Ontario–(Newsfile Corp. – January 9, 2025) – Alberto Morales, Executive Chairman and Chief Executive Officer, Andean Precious Metals Corp. (“Andean Precious Metals” or the “Company”) (TSX: APM), and his team joined Dean McPherson, Head, Business Development, Global Mining, Toronto stock exchange (TSX), to open the market to celebrate the Company’s graduation to Toronto Stock Exchange.

    Cannot view this video? Visit:

    Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolomé processing facility in Potosí, Bolivia and the Soledad Mountain mine in Kern County, California, and is well-funded to act on future growth opportunities. Andean’s leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals producer. With a strategic focus on operational excellence and community engagement, the Company is well-positioned for continued success and long-term growth.

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    Pacific Ridge To Acquire Portfolio Of U.S. Copper Porphyry Projects

    (MENAFN– Newsfile Corp)
    Vancouver, British Columbia–(Newsfile Corp. – January 8, 2025) – Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) (“Pacific Ridge” or the “Company”) is pleased to announce that the Company entered into option agreements with Bronco Creek Exploration Inc. (“BCE”) on January 7, 2025 (the “Effective Date”), a wholly owned subsidiary of EMX Royalty Corporation (“EMX”) (NYSE: EMX) (TSXV: EMX) (FSE: 6E9), to acquire a portfolio of copper and Gold projects located in the United States (the “Agreements”).

    Highlights:

    • Exclusive option to acquire a 100% interest in four projects: the Mineral Hill gold project (“Mineral Hill”), located in Wyoming; the Red Star copper project (“Red Star”), located in Utah; the Ripsey West copper project (“Ripsey West”), located in Arizona; and, the Royston copper project (“Royston”), located in Nevada (each a “Project”, together, “Projects”).

    • Diversification of the Company’s existing porphyry copper project portfolio to create one of North America’s leading copper exploration companies with projects located in premier copper mining districts in America and Canada.

    • Plans to unlock shareholder value by spinning out Pacific Ridge’s gold projects in the Yukon, the Mariposa gold project (“Mariposa”), the Eureka Dome gold project (“Eureka”), and the Gold Cap project (“Gold Cap”), and the Mineral Hill gold project (“Mineral Hill”) to create a new North American gold focused exploration company.

    “We are very pleased to have come to an agreement with EMX to acquire this portfolio of highly prospective copper and gold projects located in the U.S.,” said Blaine Monaghan, President and CEO of Pacific Ridge. “With the option to acquire Red Star, Ripsey West, and Royston, we have diversified our existing copper porphyry project portfolio to become one of North America’s leading copper exploration companies. All of these projects are road accessible, where we can conduct exploration year-round, and are located in mining-friendly states. In fact, according to the Fraser Institute’s 2023 annual mining survey, Utah was the top jurisdiction in the world, Nevada was 2nd, and Arizona was 7th. Further, BCE’s exceptional technical team have already developed exploration models and targets that are ready to be drill tested.”

    The addition of these Projects to Pacific Ridge’s portfolio expands the Company’s footprint into areas that include some of the world’s largest porphyry copper mines and complement Pacific Ridge’s existing portfolio of porphyry copper projects in B.C.: the Chuchi copper-gold project, the Kliyul copper-gold project, the Onjo copper-gold project, the RDP copper-gold project, and the Redton copper-gold project. The Company now owns or controls eight porphyry copper projects in premier copper mining districts in America and Canada (see Figure 1).

    Figure 1


    Pacific Ridge To Acquire Portfolio Of U.S. Copper Porphyry Projects Image

    Location of Pacific Ridge’s Copper Projects
    To view an enhanced version of this graphic, please visit:

    About the Projects

    Mineral Hill

    Mineral Hill is over 902 hectares in size (comprising 19 patented lode and placer claims, and 177 unpatented federal lode mining claims) and is located in eastern Wyoming in the Black Hills gold province, which has produced more than 40 million ounces of gold from the Homestake gold mine alone1 (see Figure 2). Tertiary alkalic intrusive centers and domes follow an 80 km-long WNW-trending belt across the Black Hills. Low- to intermediate-sulfidation epithermal gold-silver mineralization is currently being mined 18 km east of Mineral Hill at Coeur Mining, Inc.’s Wharf mine. Targets at Mineral Hill include high-grade epithermal gold veins and disseminated and stockwork veined porphyry gold-copper mineralization. The Company believes Mineral Hill represents a fully intact upright alkalic porphyry gold-copper system and near-surface epithermal transition zone that is associated with a 3 x 2 km composite alkaline intrusive centre. Known gold-copper mineralization at historical Interocean mine is related to cross-cutting quartz-sulfide veins in a 300-m-long north-south trending corridor that has been drill-tested to about 200 m vertical depth and remains open in every direction. Epithermal gold target areas lie 600-750 m west and southwest of the Interocean zone.

    Figure 2


    Pacific Ridge To Acquire Portfolio Of U.S. Copper Porphyry Projects Image

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

    Red Star

    Red Star is approximately 3,005 hectares in size (398 unpatented federal lode mining claims) and is adjacent to the Star mining district, Utah (See Figure 3). Surface alteration and mineralization suggests the presence of a porphyry copper system beneath post-mineral cover composed of volcanics and alluvium. Polymetallic (Pb-Zn-Ag-Cu-Au) fissure veins, mantos, and local Zn-rich skarn are hosted in east-tilted and fault-repeated Paleozoic carbonate rocks in the Star mining district. These fissure veins may be analogous to fissure veins found in the periphery of the Bingham and Tintic districts. Red Star also shares a similar regional geophysical signature with Bingham and Tintic porphyry copper deposits, each lying within ENE-trending aeromagnetic domains considered to be representative of Tertiary batholiths (see Figure 3). The timing of Tertiary magmatism in Utah youngs southward such that the age of an undiscovered porphyry system at Red Star would likely be ~34-27 Ma.. At Red Star, known polymetallic fissure veins and replacement mantos, and a copper-zinc skarn occurrence (Moscow mine), define a WSW-trending vector towards a 2.0 x 1.5 km porphyry target area with anomalous geophysics (Spartan IP-MT and UAV magnetics). The primary target zone starts about 1.5 km west of the Moscow mine skarn.

    Figure 3


    Pacific Ridge To Acquire Portfolio Of U.S. Copper Porphyry Projects Image

    Red Star Location
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    Ripsey West

    Ripsey West is over 2,161 hectares in size (comprising 36 unpatented federal lode mining claims and eight Arizona state leases) and is located 23 km south of the Ray Mine in Arizona (see Figure 4). The principal target at Ripsey West is a high-grade Laramide porphyry copper system. An ENE-trending target area measures ~3.5 x 1.5 km and has potential for both hypogene mineralization and supergene enrichment.

    The Ripsey West exploration model is for a porphyry copper system that’s been episodically faulted and tilted 90° eastward and buried under alluvial cover in a half graben basin. The porphyry target area lies between a 2-km-long ENE-trending stock-shaped magnetic low feature in the west thought to be associated with a Laramide pluton, and a magnetic high feature in the east demarking the faulted basin edge. A zone of QSP alteration and D-veins associated with ENE-trending Laramide porphyry dykes extends for 900 m east outside the basin margin, and base metal mineralization and veins in historical drilling continue for ~2 km. These provide a vector towards a porphyry core in the west under the post-mineral alluvium.

    Figure 4


    Pacific Ridge To Acquire Portfolio Of U.S. Copper Porphyry Projects Image

    Ripsey West Location
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    Royston

    Royston is over 1,855 hectares in size (comprised of 227 unpatented federal lode mining claims) and is located 30 km northwest of Tonopah in Nevada (see Figure 5). The principal target at Royston is a porphyry copper system within a 2.8 x 1.8 km target area which contains a significant zone of quartz-sericite-pyrite “QSP” alteration and mineralization A five-hole reconnaissance reverse circulation drill program completed in late 2023 confirmed the presence of a strongly westward tilted and fault segmented porphyry of significant scale containing intense QSP alteration and base metal mineralization. Two of the holes were cased and are ready to be followed up with diamond core tails under the active drill permit at Royston.

    Figure 5


    Pacific Ridge To Acquire Portfolio Of U.S. Copper Porphyry Projects Image

    Royston Location
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    Gold Project Spin Out

    In H1, 2025, Pacific Ridge will look to unlock shareholder value by spinning out the Company’s gold projects in the Yukon (Mariposa, Eureka Dome, and Gold Cap) and Mineral Hill to create a new, North American gold focused exploration company (see Figure 6).

    Figure 6


    Pacific Ridge To Acquire Portfolio Of U.S. Copper Porphyry Projects Image

    Location of Pacific Ridge’s Gold Projects
    To view an enhanced version of this graphic, please visit:

    Terms of the Agreements

    Subject to the approval of the TSX Venture Exchange (the “TSXV”), Pacific Ridge can acquire a 100% interest in the Projects by making an initial payment in the aggregate amount of US$240,000 and issuing a total of 800,000 common shares (on a post-Consolidation basis, as described and defined below) and making certain option payments, incurring exploration expenditures and issuing common shares as summarized below:

    Option Payments:

    Project 60 days of Effective Date Anniversary Date of Option Agreement
    1 st 2 nd 3 rd 4 th 5 th
    Red Star US$60,000 US$10,000 US$15,000 US$15,000 US$15,000 US$125,000
    Royston US$60,000 US$10,000 US$15,000 US$15,000 US$15,000 US$125,000
    Ripsey West US$60,000 US$10,000 US$15,000 US$15,000 US$15,000 US$125,000
    Mineral Hill US$60,000 US$10,000 US$15,000 US$15,000 US$15,000 US$125,000

    Exploration Expenditures:

    Project Anniversary Date of Option Agreement
    1 st 2 nd 5 th
    Red Star US$400,000 US$1,600,000 US$2,250,000
    Royston US$2,250,000
    Ripsey West US$2,250,000
    Mineral Hill US$2,250,000

    Issuance of Common Shares:

    Project 3 business days following TSXV Approval Anniversary Date of Option Agreement
    1 st 2 nd 3 rd 4 th 5 th
    Red Star 200,000 100,000 100,000 100,000 125,000 750,000
    Royston 200,000 100,000 100,000 100,000 125,000 750,000
    Ripsey West 200,000 100,000 100,000 100,000 125,000 750,000
    Mineral Hill 200,000 100,000 100,000 100,000 125,000 750,000

    Upon option exercise, each Project will be subject to a 3% production royalty (“Royalty”). The Royalty can be reduced to 2% by making two payments totaling US$4.0M (US$1.0M for the first 0.5% and US$3.0M for the second 0.5%). The Projects are also subject to annual advanced royalty payments that begin on the first (1st) anniversary after Pacific Ridge has exercised its option to acquire a Project. A payment of US$25,000 is due on the 1st anniversary and increases by US$10,000 each year, up to a maximum of US$75,000 per year per Project.

    In addition, each Project is subject to the following milestone payments in the event of completion of a preliminary economic assessment (“PEA”), pre-feasibility study (“PFS”) and/or feasibility study (“FS”) respectively as follows:

    Project Milestone
    PEA PFS FS
    Red Star US$500,000 US$1,000,000 US$2,000,000
    Royston US$500,000 US$1,000,000 US$2,000,000
    Ripsey West US$500,000 US$1,000,000 US$2,000,000
    Mineral Hill US$500,000 US$1,000,000 US$2,000,000

    Consolidation

    The Board of Directors of the Company has recommended and authorized a consolidation of the Company’s outstanding common shares on the basis of ten (10) pre-consolidation common shares for one (1) post-consolidation common share (the “Consolidation”). The Consolidation remain subject to TSXV approval. The effective date and further details of the Consolidation will be disclosed in a subsequent news release following receipt of all requisite approvals.

    About EMX

    EMX is a precious and base metals royalty company. EMX’s investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company’s common shares are listed on the NYSE American Exchange and TSX Venture Exchange under the symbol “EMX”. Please see for more information.

    About Pacific Ridge

    Pacific Ridge is one of North America’s leading copper exploration companies. We own or control eight porphyry copper projects in premier copper mining districts in America and Canada.

    On behalf of the Board of Directors,

    “Blaine Monaghan”

    Blaine Monaghan
    President & CEO
    Pacific Ridge Exploration Ltd.

    Investor Relations:
    Tel: (604) 687-4951
    Email: …
    Website:
    LinkedIn:
    Twitter:

    1 Maps Showing Geology, Structure, and Geophysics of the Central Black Hills, South Dakota (USGS)

    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.

    The technical information contained within this News Release has been prepared under the supervision of, and reviewed and approved by. Danette Schwab, P.Geo., Vice President Exploration of the Company, and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

    Forward-Looking Information: This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, are forward-looking statements. Forward looking statements in this news release include plans to acquire the Mineral Hill, Red Star, Ripsey West, and Royston Projects and the expected benefits thereof; plans to spin out the gold projects; and plans to complete the Consolidation. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions; that at least one of the options will be exercised; that Pacific Ridge and other parties will be able to satisfy stock exchange and other regulatory requirements in a timely manner; that TSXV approval will be granted in a timely manner subject only to standard conditions; that all conditions precedent to the Agreements will be satisfied in a timely manner; the availability of financing for Pacific Ridge’s proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law.

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

    SOURCE: Pacific Ridge Exploration Ltd.

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    Canadian Stocks Rise On News Of Justin Trudeau’s Resignation


    (MENAFN– Baystreet)

    Canadian Stocks briefly rallied on news that Prime Minister Justin Trudeau has resigned.
    The Toronto stock exchange gained 0.1% before paring that increase and finishing the trading day down a slight 0.29% at 24,999.79, not far from the benchmark index’s all-time high.
    The Canadian dollar rose 0.5% to 1.4373 against the U.S. greenback on news that Trudeau is stepping aside as Prime Minister and Liberal Party leader.
    At a news conference, an emotional Trudeau said that he will officially step down as leader of Canada’s ruling Liberal Party once a new leader is selected in coming months.
    He added that Canada’s Parliament will remain in recess until March while the Liberal Party selects its new leader.
    Pressure had been mounting on Trudeau to step aside ahead of national elections that must be held by October of this year.
    Trudeau suffered a blow in December when his Finance Minister, Chrystia Freeland, abruptly resigned, triggering a cabinet revolt and ratcheting up pressure on him to step aside.
    Trudeau, age 53, has been Prime Minister of Canada since 2015.
    He’s popularity across the country has waned in recent years, as has the Liberal Party’s standing among Canadians.
    The latest Angus Reid poll from Dec. 30 found that Trudeau’s ruling Liberal government has the support of only 16% of decided voters in Canada.
    The opposition Conservative Party currently has a 20 percentage point lead in the polls heading into the next election this autumn.

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