Resource World Magazine

Resource World Magazine

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Mining, oil & gas, and green tech business coverage.

Faraday Copper Closes $100 Million Private Placement
NewsMar 11, 2026

Faraday Copper Closes $100 Million Private Placement

Faraday Copper Corp. completed a $100 million private placement, issuing 23.8 million shares at $4.20 each, backed by strategic investors including the Ludin Family Trust and a BHP unit. The capital will fund the Copper Creek project in Arizona and support a...

By Resource World Magazine
QIMC Completes 711 Metre Discovery Hole DDH-26-01 at West-Advocate, Nova Scotia: Hydrogen System Confirmed at Depth
NewsMar 10, 2026

QIMC Completes 711 Metre Discovery Hole DDH-26-01 at West-Advocate, Nova Scotia: Hydrogen System Confirmed at Depth

Québec Innovative Materials Corp. completed discovery borehole DDH-26-01 at its West‑Advocate project in Nova Scotia, reaching 711 m depth. Visible gas bubbles and instrument exceedances confirmed a persistent, pressurised hydrogen‑bearing system from roughly 505 m to the bottom of the hole. Diluted...

By Resource World Magazine
Lara Raising $33.7 Million for Brazilian Copper-Gold Project
NewsMar 10, 2026

Lara Raising $33.7 Million for Brazilian Copper-Gold Project

Lara Exploration Ltd. announced a $33.7 million financing plan to advance its Planalto copper‑gold project in Brazil. The company will conduct a brokered private placement of up to 6.75 million shares at $3 each, targeting roughly $20.25 million, alongside a non‑brokered placement of...

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Nevada Sunrise Resamples Historical Drill Hole at the Griffon Gold Mine Project, Nevada
NewsMar 10, 2026

Nevada Sunrise Resamples Historical Drill Hole at the Griffon Gold Mine Project, Nevada

Nevada Sunrise Metals resampled four historic 2020 drill holes at the Griffon Gold Mine, confirming gold grades and revealing classic Carlin-type pathfinder elements. The 52‑element geochemical analysis matched Fremont Gold’s original gold assays, showing 1.01 g/t Au over 50.2 m in hole...

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Standard Uranium Confirms Anomalous Uranium and High-Grade Rare Earths at Surface on the Rocas Project, Saskatchewan
NewsMar 10, 2026

Standard Uranium Confirms Anomalous Uranium and High-Grade Rare Earths at Surface on the Rocas Project, Saskatchewan

Standard Uranium reported final assay results from its 2025 surface program on the Rocas Project in Saskatchewan, confirming anomalous uranium mineralization and high‑grade rare earth element (TREO) values up to 9.83%. Grab samples yielded uranium grades as high as 0.409%...

By Resource World Magazine
Brixton Rallies on High Grade Ontario Silver Results
NewsMar 10, 2026

Brixton Rallies on High Grade Ontario Silver Results

Brixton Metals reported its first 2026 drill results from the Langis Silver Project in Ontario, highlighting two holes with more than 700 g/t silver over 14 metres and a peak of 15,522 g/t. The results push the company's share price up 9% to...

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Vista Gold Raises US$44.85 Million for Mt. Todd Exploration
NewsMar 10, 2026

Vista Gold Raises US$44.85 Million for Mt. Todd Exploration

Vista Gold Corp raised US$44.85 million through an underwritten public offering of 17.9 million shares at US$2.50 each, including the full underwriters’ option. The capital will be deployed to advance exploration and development of its wholly‑owned Mt. Todd gold project in Australia’s Northern...

By Resource World Magazine
Skyharbour Says Denison Has Begun Athabasca Uranium Drilling
NewsMar 9, 2026

Skyharbour Says Denison Has Begun Athabasca Uranium Drilling

Skyharbour Resources announced that its joint‑venture partner Denison Mines has kicked off a winter drilling program at the Wheeler North property in northern Saskatchewan. The first phase comprises roughly 2,500 metres of diamond drilling targeting the Fox Lake Trail, with...

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Omineca Mining Signs MOU to Fund Fraser Canyon Project, British Columbia
NewsMar 9, 2026

Omineca Mining Signs MOU to Fund Fraser Canyon Project, British Columbia

Omineca Mining signed a Memorandum of Understanding with PSI Group, granting PSI full funding for all exploration, development, engineering, mining and operating costs of the Fraser Canyon Project in British Columbia. In exchange, PSI will receive 75% of the recovered...

By Resource World Magazine
Eloro Resources Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$17 Million
NewsMar 6, 2026

Eloro Resources Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$17 Million

Eloro Resources Ltd. closed a bought‑deal private placement raising C$17,000,360, selling 6,538,600 common shares at C$2.60 per share, including the full over‑allotment option. The offering was underwritten by Red Cloud Securities, Cantor Fitzgerald Canada and a syndicate, with underwriters receiving...

By Resource World Magazine
Northisle Copper and Gold Raises $115 Million for B.C. Project
NewsMar 6, 2026

Northisle Copper and Gold Raises $115 Million for B.C. Project

Northisle Copper and Gold Inc. closed a $115 million financing round, comprising a brokered offering of 35 million shares at $3.05 and additional private placements, including a $5 million investment from Wheaton Precious Metals. The capital will fund a prefeasibility study and continued...

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Ucore Releases Update on Rare Earths Refining Project
NewsMar 6, 2026

Ucore Releases Update on Rare Earths Refining Project

Ucore Rare Metals announced progress on its RapidSX commercial rare‑earth refining facility in Kingston, Ontario, aimed at producing samarium and gadolinium oxides. The project has received conditional approval for up to $36.3 million in Canadian government funding, including $26.3 million from Natural...

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Chilean Cobalt Expands District Land Position, Drills NeoRe Rare Earth Project, Chile
NewsMar 6, 2026

Chilean Cobalt Expands District Land Position, Drills NeoRe Rare Earth Project, Chile

Chilean Cobalt Corp. reported that its NeoRe Rare Earth Project in southern Chile has entered an accelerated development phase, adding roughly 2,100 hectares through seven new concessions and identifying more than 20 additional targets. Early drilling has logged about 192...

By Resource World Magazine
Bullion Gold Plans a 25,000 M Drilling Program on Its Terragold Project
NewsMar 5, 2026

Bullion Gold Plans a 25,000 M Drilling Program on Its Terragold Project

Bullion Gold Resources is preparing a 25,000‑metre diamond drilling campaign on its Terragold gold project in Senneterre, Québec, slated for spring 2026. The work follows receipt of Impact Exploration Work permits and aims to gather data for a National Instrument...

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NexGen Receives Final Federal Approval for the Rook I Uranium Project
NewsMar 5, 2026

NexGen Receives Final Federal Approval for the Rook I Uranium Project

NexGen Energy announced that the Canadian Nuclear Safety Commission has granted final federal approval and a licence to prepare the site and construct the 100%-owned Rook I uranium project. The approval follows provincial clearances and a two‑part commission hearing, allowing...

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Intrepid Metals Closes Acquisition of Cave Creek Portion of Corral Copper Project, Arizona
NewsMar 5, 2026

Intrepid Metals Closes Acquisition of Cave Creek Portion of Corral Copper Project, Arizona

Intrepid Metals Corp. completed its option to acquire Cave Creek Copper Inc., making Cave Creek a wholly owned subsidiary and giving Intrepid control of virtually all land and mining claims for the Corral Copper Project in southeastern Arizona, except the...

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Tajiri Extends Trench-16 at Yono Project and Intersects 32m @ 1.1g/t Gold Within 50m @ 0.7g/t Gold, Bordered by G...
NewsMar 4, 2026

Tajiri Extends Trench-16 at Yono Project and Intersects 32m @ 1.1g/t Gold Within 50m @ 0.7g/t Gold, Bordered by G...

Tajiri Resources announced that trench YTR16 at its Yono project in Guyana has been extended to 100 m, delivering a 32 m interval grading 1.1 g/t Au and including a high‑grade 2 m section of 7.3 g/t Au. The broader intercept spans 50 m at 0.7 g/t...

By Resource World Magazine
Scandium Canada Upsizes Bought Deal Offering to $15 Million
NewsMar 4, 2026

Scandium Canada Upsizes Bought Deal Offering to $15 Million

Scandium Canada has upsized its bought‑deal offering to $15 million, up from the previously targeted $10 million, issuing 68.2 million units at C$0.22 each with accompanying warrants. The company also secured a non‑refundable $6.9 million contribution from Natural Resources Canada’s Global Partnership Initiative, covering...

By Resource World Magazine
SSR Mining in Deal to Sell Turkish Gold Mine for US$1.5 Billion
NewsMar 4, 2026

SSR Mining in Deal to Sell Turkish Gold Mine for US$1.5 Billion

SSR Mining has signed a binding MOU to sell its 80% interest in Turkey’s Copler gold mine to Cengiz Holding for US$1.5 billion in cash. The agreement includes a US$100 million deposit, a US$50 million break fee and a US$50 million termination fee, with...

By Resource World Magazine
Americore Resources Updates Activities at Trinity Silver Project, Nevada
NewsMar 4, 2026

Americore Resources Updates Activities at Trinity Silver Project, Nevada

Americore Resources reported completion of a 350 line‑km drone‑magnetometer survey at its 100% owned Trinity Silver Project in Nevada. Campbell and Walker Geophysics will interpret the new data alongside historic geophysics. The company has begun permitting for a Q2 2026 drill...

By Resource World Magazine
Kobrea Exploration Expands Phase 1 Drill Program at El Perdido Porphyry System, Argentina
NewsMar 4, 2026

Kobrea Exploration Expands Phase 1 Drill Program at El Perdido Porphyry System, Argentina

Kobrea Exploration Corp. has drilled 1,739 metres in three Phase 1 diamond holes at the El Perdido porphyry copper‑gold‑molybdenum prospect in Mendoza, Argentina, and has added a fourth hole 220 m east of the original pad. The initial holes reached depths of 603 m,...

By Resource World Magazine
Kingfisher Metals Raises $30 Million for Golden Triangle Exploration
NewsMar 3, 2026

Kingfisher Metals Raises $30 Million for Golden Triangle Exploration

Kingfisher Metals Corp. closed a $30 million bought‑deal private placement, issuing a mix of non‑critical, critical charity flow‑through and hard‑dollar shares. The capital will finance aggressive exploration on its 933‑km² Hwy 37 Project and 202‑km² Forrest Kerr Project in British Columbia’s Golden Triangle....

By Resource World Magazine
Power Metallic Mines Extends Lion Zones with Sulphide Intercepts at Nisk Project, Quebec
NewsMar 3, 2026

Power Metallic Mines Extends Lion Zones with Sulphide Intercepts at Nisk Project, Quebec

Power Metallic Mines announced drill results that extend the Lion copper‑nickel zone at its Nisk Project in Quebec. Structural analysis identified a shallow easterly‑plunging trend, and hole PML‑26‑067 intersected one metre of massive copper sulphides and 3.3 metres of disseminated copper...

By Resource World Magazine
Atomic Minerals Launches South Lisbon Valley East Drill Permitting, Utah
NewsMar 3, 2026

Atomic Minerals Launches South Lisbon Valley East Drill Permitting, Utah

Atomic Minerals Corp. has filed drill permits for an initial 18‑20 holes across its 1,516.5‑acre South Lisbon Valley East (SLVE) property in Utah. The program aims to test a suspected arcuate uranium belt on the northeast side of the Lisbon...

By Resource World Magazine
Aldebaran and Centauri Report Significant Increase in Mineral Resources at Rio Grande Gold-Copper Project, Salta, Argentina
NewsMar 3, 2026

Aldebaran and Centauri Report Significant Increase in Mineral Resources at Rio Grande Gold-Copper Project, Salta, Argentina

Aldebaran Resources and its subsidiary Centauri Minerals have released an updated NI 43‑101 mineral resource estimate for the Rio Grande gold‑copper project in Salta, Argentina. The estimate shows 1.45 million ounces of gold, 384,000 tonnes of copper and 12.7 million ounces of silver...

By Resource World Magazine
Galleon Gold Receives Key Water Permit and Initiates Box Cut at Its West Cache Gold Project in Timmins, Ontario
NewsMar 2, 2026

Galleon Gold Receives Key Water Permit and Initiates Box Cut at Its West Cache Gold Project in Timmins, Ontario

Galleon Gold Corp. announced it has secured a Category 3 Permit to Take Water from Ontario’s Ministry of the Environment, enabling the start of primary box‑cut excavation at its 100% owned West Cache Gold Project in Timmins. The box cut will...

By Resource World Magazine
Japan Gold Discovers Geophysical Anomalies at Hakuryu Project, Japan
NewsMar 2, 2026

Japan Gold Discovers Geophysical Anomalies at Hakuryu Project, Japan

Japan Gold Corp. completed a CSAMT and AMT geophysical survey at the Hakuryu Project in Hokkaido, identifying multiple resistivity anomalies that align with known alteration zones and vein trends. The anomalies extend across a five‑kilometre strike length, supporting drill pad...

By Resource World Magazine
Arizona Metals’ Final Sugarloaf Peak Drill Results Demonstrate Robust Expansion and Continuity
NewsMar 2, 2026

Arizona Metals’ Final Sugarloaf Peak Drill Results Demonstrate Robust Expansion and Continuity

Arizona Metals announced the final results of its 2025 reverse‑circulation drill program at the Sugarloaf Peak gold project in Arizona. The campaign delivered the highest grade ever recorded on the property, a 1.5‑metre interval of 25.5 g/t Au within a 91.4 m...

By Resource World Magazine
Standard Uranium Planning Inaugural Drill Program at Rocas Uranium Project, Saskatchewan
NewsMar 2, 2026

Standard Uranium Planning Inaugural Drill Program at Rocas Uranium Project, Saskatchewan

Standard Uranium Ltd. has finalized an inaugural drill campaign for the Rocas Uranium Project in Saskatchewan, a venture partnered with Collective Metals under a three‑year earn‑in option. Phase I will drill 1,200‑1,500 metres across six to eight holes to test shallow, high‑grade...

By Resource World Magazine
Silver One Drilling for Geotechnical Pit Slope Study at Candelaria, Projec, Nevada
NewsMar 2, 2026

Silver One Drilling for Geotechnical Pit Slope Study at Candelaria, Projec, Nevada

Silver One Resources has launched a 1,900‑metre core drilling campaign across nine HQ‑diameter holes to collect geotechnical data for its Candelaria Silver Project in Nevada. The company also hired Call & Nicholas to perform a pre‑feasibility level pit‑slope stability study,...

By Resource World Magazine
Super Copper Raising $6.0 Million From Upsized Offering
NewsFeb 27, 2026

Super Copper Raising $6.0 Million From Upsized Offering

Super Copper Corp. announced an upsized brokered private placement, now targeting $6 million in net proceeds, up from its original $2 million goal. Each unit consists of one common share and a warrant exercisable at $1.15 for three years, with closing expected...

By Resource World Magazine
Manganese X Energy Conducting Pre-Feasibility Work at Battery Hill Project, New Brunswick
NewsFeb 27, 2026

Manganese X Energy Conducting Pre-Feasibility Work at Battery Hill Project, New Brunswick

Manganese X Energy is moving its Battery Hill pre‑feasibility study forward in New Brunswick by launching a targeted geotechnical drilling program—three holes totalling about 550 metres—and deepening metallurgical process optimization with Kemetco Research. ABH Engineering is steering the PFS schedule and...

By Resource World Magazine
Juggernaut Announces $10M Bought Deal Private Placement
NewsFeb 27, 2026

Juggernaut Announces $10M Bought Deal Private Placement

Juggernaut Exploration Ltd. announced a $10 million bought‑deal private placement of 3,906,250 units at $2.56 per unit, each comprising one common share and half a warrant. The offering, underwritten solely by Stifel Canada, includes a 15% underwriter option and a 6%...

By Resource World Magazine
Trans Canada Gold to Explore Harrison Lake Gold Project, British Columbia
NewsFeb 27, 2026

Trans Canada Gold to Explore Harrison Lake Gold Project, British Columbia

Trans Canada Gold Corp. announced a Spring 2026, 14‑hole diamond drilling campaign at its Harrison Lake Gold Project in southwestern British Columbia. Phase 1 will test a 102‑metre interval grading 3.54 g/t gold, while Phase 2 targets high‑grade zones that previously returned up to 21.4 g/t...

By Resource World Magazine
Riverside Expands Porphyry Copper Targets at Ariel Project, Mexico
NewsFeb 27, 2026

Riverside Expands Porphyry Copper Targets at Ariel Project, Mexico

Riverside Resources announced early 2026 assay results from its 100%-owned Ariel copper project in Sonora, Mexico, revealing high‑grade silver (up to >10 oz/t) and lead (5.4% Pb) in vein samples and promising porphyry copper alteration signatures. The 1,640‑hectare, fully permitted district‑scale target...

By Resource World Magazine
Excalibur Metals Completes Sampling, Plans Drilling at Bellehelen Project, Nevada
NewsFeb 27, 2026

Excalibur Metals Completes Sampling, Plans Drilling at Bellehelen Project, Nevada

Excalibur Metals announced completion of detailed mapping, sampling, and a CSAMT geophysical survey at its Bellehelen silver‑gold project in Nevada, and has finalized drill hole locations for the Spyglass Ridge target. The company will commence a 3,000‑metre reverse‑circulation drill program...

By Resource World Magazine
QIMC Identifies Second Hydrogen-Associated Structural Zone at 313m, Supporting Multi-Zone H2 System at West Advocate in Nova Scotia
NewsFeb 26, 2026

QIMC Identifies Second Hydrogen-Associated Structural Zone at 313m, Supporting Multi-Zone H2 System at West Advocate in Nova Scotia

Québec Innovative Materials Corp. announced that drill hole DDH-26-01 intersected a second hydrogen‑associated structural zone between 313 and 330 metres depth at its West Advocate project in Nova Scotia. This finding complements the earlier 142‑191 m fault corridor, confirming a vertically...

By Resource World Magazine
Questcorp Mining Conducting IP Survey at North Island Copper Project, British Columbia
NewsFeb 26, 2026

Questcorp Mining Conducting IP Survey at North Island Copper Project, British Columbia

Questcorp Mining has launched a 2026 induced polarization (IP) survey across its 1,168‑hectare North Island Copper Project on Vancouver Island. The 10‑15 km program, run by Peter E. Walcott & Associates, will refine the historic Marisa Zone porphyry copper targets and feed a...

By Resource World Magazine
Xali Gold Receives Green Light From Community, Pico Machay Gold Project in Peru
NewsFeb 26, 2026

Xali Gold Receives Green Light From Community, Pico Machay Gold Project in Peru

Xali Gold announced that the Santa Ana community approved its continued exploration at the Pico Machay Gold Project in Peru on February 22, 2026. The company will immediately launch a Phase I field program to update historic geological, engineering and economic...

By Resource World Magazine
Surge Battery Metals Drills 116 Meters of 3,752 Ppm Lithium at Nevada North Lithium Project, Nevada
NewsFeb 25, 2026

Surge Battery Metals Drills 116 Meters of 3,752 Ppm Lithium at Nevada North Lithium Project, Nevada

Surge Battery Metals, together with Evolution Mining, released the final assay results from its 2025 core drilling program at Nevada North Lithium Project. Infill drilling returned a 116‑metre interval averaging 3,752 ppm lithium, including a 32.1‑metre zone grading 4,521 ppm, confirming a...

By Resource World Magazine
Eloro Raising $15 Million From Upsized Bought Deal Financing
NewsFeb 25, 2026

Eloro Raising $15 Million From Upsized Bought Deal Financing

Eloro Resources announced an upsized bought‑deal financing of $15 million, up from the previously targeted $10 million. An underwriting syndicate will purchase 5.8 million common shares at $2.60 per share, with an over‑allotment option that could raise an additional $2 million. Net proceeds will...

By Resource World Magazine
VanadiumCorp Begins Staged Technical Program Toward NI 43-101 Report for Lac Laura Gold-Copper Property, Quebec
NewsFeb 25, 2026

VanadiumCorp Begins Staged Technical Program Toward NI 43-101 Report for Lac Laura Gold-Copper Property, Quebec

VanadiumCorp Resource Inc. announced it is moving forward with a staged, gated technical program to produce an NI 43‑101 compliant report for its Lac Laura gold‑copper property in Quebec. The company is selecting independent geological and engineering consultants to execute Phase 1...

By Resource World Magazine
Toronto to Host Global Mineral Sector for PDAC 2026, March 1–4
NewsFeb 25, 2026

Toronto to Host Global Mineral Sector for PDAC 2026, March 1–4

The Prospectors & Developers Association of Canada will host its 94th annual convention in Toronto from March 1‑4, 2026, at the Metro Toronto Convention Centre. The event, billed as the world’s premier mineral exploration and mining gathering, will feature more...

By Resource World Magazine
Western Star Resources Closes Over $3,000,000 in Over Subscribed Private Placement
NewsFeb 25, 2026

Western Star Resources Closes Over $3,000,000 in Over Subscribed Private Placement

Western Star Resources closed a non‑brokered private placement, raising $3.046 million by issuing 20.3 million units at $0.15 each. Each unit combines a common share with a warrant priced at $0.30, exercisable until February 2028. The net proceeds will fund high‑priority drilling at...

By Resource World Magazine