u/XStockman2000X

▲ 3 r/PennyStocksCanada+1 crossposts

Carrier Connect Data Solutions Inc. (CCDS.v CCDSF) Completes Morewave Asset Acquisition and Sees Continued Insider Buying

Posted on behalf of Carrier Connect Data Solutions Inc. - Recent SEDI filings show insider buying activity at Carrier Connect Data Solutions Inc. (Ticker: CCDS.v or CCDSF for US investors), with Chief Executive Officer Mark Binns and Chief Technology Officer Johan Arnet reporting multiple open market purchases of common shares in May 2026.

https://preview.redd.it/oq9ms2b6nd2h1.jpg?width=1166&format=pjpg&auto=webp&s=f1bc90d44dd5fcbfeb1b11633afc1332bfb069ed

These purchases by senior leadership in the open market signal internal confidence, as both executives increased their personal exposure to the company’s equity while the company continues executing on its growth strategy.

Carrier Connect is a carrier-neutral provider focused on rolling up Tier II/III data centres internationally. These facilities typically deliver co-location and data centre solutions to AI companies, service providers, enterprises, and small businesses. Data centres house critical computing infrastructure, including servers, storage drives, and networking equipment.

Operating independently within leased space, Carrier maintains a carrier-neutral structure. Its principal markets include Vancouver, Ottawa, and Saint John in Canada, as well as Perth, Australia. Clients use its facilities either as primary data centres or as ancillary sites, depending on operational requirements.

The company recently completed its previously announced acquisition of network connectivity and delivery assets from Morewave Communication Inc., a provider of network connectivity and last mile services.

The addition of Morewave’s network connectivity and delivery assets expands Carrier’s infrastructure base and supports its strategy of consolidating data centre and connectivity capabilities across its operating footprint.

Together, the insider accumulation and the completed Morewave asset acquisition reflect both internal confidence and continued execution of Carrier’s strategy to scale its data centre and connectivity platform across its core markets.

Full press release here:
https://www.stockwatch.com/News/Item/U-th1k3wF9nNn-U!CCDSF-20260508/U/CCDSF

reddit.com
u/XStockman2000X — 1 day ago
▲ 5 r/PennyStocksCanada+1 crossposts

Tiger Gold Corp. (TIGR.v TGRGF) Reports 226m @ 0.6 g/t Au Step-Out at Ceibal and Launches C$15M Financing to Accelerate Drilling Toward Maiden Ceibal Gold Resource at Colombia’s Quinchía Project

Posted on behalf of Tiger Gold Corp. - Tiger Gold Corp. (Ticker: TIGR.v or TGRGF for US investors) is currently advancing the Quinchía Gold Project in Colombia’s Mid-Cauca gold belt under an option to acquire a 100% interest in the project.

https://preview.redd.it/666pps4zmd2h1.png?width=455&format=png&auto=webp&s=d946f629ac2beddd0a26935990b46dc2e206abbe

The company has three diamond drill rigs active as part of a broader 20,000m project-wide drill campaign. 

Tiger recently reported new drill results from the ongoing 5,000m diamond drill program at the project's Ceibal target. 

The dedicated Ceibal program is designed to evaluate the scale and geometry of mineralization, test continuity along strike and at depth, and refine the structural and intrusive framework of the system.

The results came from hole CEDDH-009, a 120m step-out hole that intersected 226m grading 0.6 g/t Au from 76m downhole, including 10m at 3.0 g/t Au hosted within magmatic breccia.

The same hole also returned 52m at 0.7 g/t Au from surface, including 12m at 1.5 g/t Au. All intervals were reported as downhole core lengths, with true widths not yet determined.

Ceibal is located approximately 1km south of the Miraflores deposit and 1km southwest of the Tesorito deposit within the broader Quinchía district-scale system. The target is associated with a sub-circular Au-Mo surface geochemical anomaly measuring roughly 800m by 600m.

Drilling completed to date has outlined mineralization across an apparent strike length of at least 300m with an apparent average width of approximately 300m, while mineralization has been traced to depths of up to 500m below surface. 

Ceibal has now been tested by nine drillholes totalling approximately 5,900m. The geometry, true thickness, continuity, and full lateral extent of the mineralized system have not yet been defined and the system remains open to the north-northwest, south-southeast, and southwest.

Additional assays remain pending from hole CEDDH-010, while hole CEDDH-012 is currently underway.

Following the new Ceibal results, Tiger Gold also announced a C$15,000,000 special warrant financing priced at C$0.82 per special warrant yesterday.

The company outlined that proceeds are expected to be used to accelerate drilling at Ceibal beyond the existing 20,000m drill program, with a stated goal of completing a maiden mineral resource estimate at Ceibal by the end of 2026.

Proceeds are also expected to support additional step-out and depth-extension drilling at Ceibal, deeper drilling designed to vector toward the interpreted causative porphyry at both Ceibal and Tesorito, continued work at Chuscal and other Quinchía targets, as well as infill drilling at Tesorito and general corporate purposes.

Full press releases here: 
https://tigergoldco.com/tiger-gold-announces-15000000-offering-of-special-warrants/

https://tigergoldco.com/tiger-gold-drills-120-m-step-out-at-ceibal-and-intersects-226-m-0-6-g-t-au-including-10-m-3-g-t-au/

reddit.com
u/XStockman2000X — 1 day ago
▲ 2 r/CNDpennystockbets+1 crossposts

Silverco Mining Ltd. (SICO.v SICOF) Completes Acquisition Of Nuevo Silver, Adding Producing Silver-Lead-Zinc-Copper La Negra Mine And Advancing Path Toward 10M Oz Silver Equivalent Target

Posted on behalf of Silverco Mining Ltd. - Yesterday, Silverco Mining Ltd. (Ticker: SICO.v or SICOF for US investors) completed its previously announced acquisition of Nuevo Silver Inc., positioning the Company as a silver producer with two key Mexican assets.

https://preview.redd.it/dobm1omqmd2h1.png?width=566&format=png&auto=webp&s=48ee96e29094da6f2b612c745cc85440001125a2

Under the terms of the transaction, Silverco acquired all issued and outstanding common shares of Nuevo in exchange for 16,802,283 Silverco common shares issued to former Nuevo shareholders on a pro rata basis. 

Nuevo, which holds a 100% interest in the La Negra Mine in Querétaro, Mexico, is now a wholly owned subsidiary of the Company.

La Negra is a producing underground silver-lead-zinc-copper mine located approximately 150 kilometres by paved road from Querétaro City. Modern production initially began in 1971 and the mine operated for 29 years under Peñoles. 

After several ownership changes between 2001 and 2017, operations restarted in 2024. The mine is currently operating at 55% of its 2,500 tonne per day capacity.

Mining is conducted using room and pillar and long hole methods. 

The processing plant utilizes a standard crushing, grinding, flotation, and filtration circuit, producing lead-silver, copper-silver, and zinc concentrates. 

Mineralization is hosted in skarn, and metallurgy is described as well understood given more than 40 years of operating history. 

Exploration drilling at La Negra has been limited over the past two decades.

For the remainder of 2026, Silverco plans to increase throughput through investments in equipment, spare parts, and enhanced maintenance programs. 

The Company also intends to complete a 15,000–20,000 metre exploration drill program and is targeting completion of a resource estimate and mine plan in H2 2026.

In addition to La Negra, Silverco owns a 100% interest in the Cusi Project in Chihuahua State, Mexico. 

Cusi is a past-producing underground silver-lead-zinc-gold project located approximately 135 kilometres west of Chihuahua City and includes a 1,200 tonne per day mill with tailings capacity approximately 40 kilometres from the mine.

The project benefits from paved highway access and connection to the national power grid. 

Located within the Sierra Madre Occidental gold-silver belt, Cusi hosts multiple historical Ag-Au-Pb-Zn producing mines and several exploration targets. A recent Preliminary Economic Assessment outlined economics for a restart targeted to begin in H2 2026.

With La Negra producing and Cusi on track for restart in H2 2026, Silverco outlined its vision of becoming a 10 million ounce silver equivalent producer within three years.

Full news here: https://www.silvercomining.com/news-releases/silverco-mining-completes-acquisition-of-nuevo-silver-to-become-the-newest-silver-producer

reddit.com
u/XStockman2000X — 1 day ago

Intrepid Metals Corp. (INTR.v IMTCF) Advances Corral Copper Project in Arizona With Active Phase 1 Exploration, Treasury Surpassing C$19.1M and Planned 2026 Copper-Silver-Zinc-Gold Drilling

Posted on behalf of Intrepid Metals Corp. - Intrepid Metals Corp. (Ticker: INTR.v or IMTCF for US investors) continues to advance its Corral Copper Project in Cochise County, Arizona, where the company is exploring for copper, silver, gold and zinc within Arizona’s Copper Belt. 

The district-scale project is considered to be at an advanced exploration stage and is supported by extensive historical drilling alongside previously identified near-surface mineralization.

Recent activity at Corral marks another step toward a larger planned drill campaign later in 2026. 

On April 29, 2026, Intrepid announced the start of Phase 1 exploration work, which includes detailed geological mapping and a comprehensive geochemical sampling program designed to further refine the geological model and prioritize drill targets.

The company expects upcoming drilling to test multiple mineralization styles across the property, including deeper porphyry-style targets and shallower carbonate replacement deposit (CRD) zones identified during previous exploration programs.

At the same time, Intrepid has continued strengthening its financial position. 

Since December 2025, warrant exercises and financings have generated more than C$19.1 million in gross proceeds.

The company also reported that over 98% of warrants issued through its January 2024 non-brokered private placements were exercised, reducing a significant warrant overhang following the April expiry.

The strengthened treasury is expected to support continued advancement at Corral through the balance of 2026 as exploration activities expand.

With Phase 1 exploration activities now underway, a strengthened treasury exceeding C$19.1 million, and a planned multi-target drill campaign expected later in 2026, Intrepid Metals is continuing to advance Corral toward a more focused exploration phase targeting both porphyry-style and CRD mineralization across the district-scale Arizona project.

https://preview.redd.it/qo5z2lcs372h1.jpg?width=599&format=pjpg&auto=webp&s=6313c640f11dfe3e26403ae865b4937a80547b59

reddit.com
u/XStockman2000X — 2 days ago
▲ 6 r/PennyStocksCanada+2 crossposts

Intrepid Metals Corp. (INTR.v IMTCF) Advances Corral Copper Project in Arizona With Active Phase 1 Exploration, Treasury Surpassing C$19.1M and Planned 2026 Copper-Silver-Zinc-Gold Drilling

Posted on behalf of Intrepid Metals Corp. - Intrepid Metals Corp. (Ticker: INTR.v or IMTCF for US investors) continues to advance its Corral Copper Project in Cochise County, Arizona, where the company is exploring for copper, silver, gold and zinc within Arizona’s Copper Belt. 

The district-scale project is considered to be at an advanced exploration stage and is supported by extensive historical drilling alongside previously identified near-surface mineralization.

Recent activity at Corral marks another step toward a larger planned drill campaign later in 2026. 

On April 29, 2026, Intrepid announced the start of Phase 1 exploration work, which includes detailed geological mapping and a comprehensive geochemical sampling program designed to further refine the geological model and prioritize drill targets.

The company expects upcoming drilling to test multiple mineralization styles across the property, including deeper porphyry-style targets and shallower carbonate replacement deposit (CRD) zones identified during previous exploration programs.

At the same time, Intrepid has continued strengthening its financial position. 

Since December 2025, warrant exercises and financings have generated more than C$19.1 million in gross proceeds.

The company also reported that over 98% of warrants issued through its January 2024 non-brokered private placements were exercised, reducing a significant warrant overhang following the April expiry.

The strengthened treasury is expected to support continued advancement at Corral through the balance of 2026 as exploration activities expand.

With Phase 1 exploration activities now underway, a strengthened treasury exceeding C$19.1 million, and a planned multi-target drill campaign expected later in 2026, Intrepid Metals is continuing to advance Corral toward a more focused exploration phase targeting both porphyry-style and CRD mineralization across the district-scale Arizona project.

https://preview.redd.it/m7avu1fj372h1.jpg?width=599&format=pjpg&auto=webp&s=fe23c3461e481439e5caa927bb7ac12f1e6684bc

reddit.com
u/XStockman2000X — 1 day ago

PRESENTATION SUMMARY: Fast-Tracking Gold Development in Ontario - Mayfair Gold (MFG.v MINE)

Posted on behalf of Mayfair Gold Corp. – At the Metals Investor Forum, Mayfair Gold (MFG.v MINE) outlined its strategy to fast-track development of the Fenn-Gib Gold Project in Ontario by focusing on a smaller, high-grade starter operation designed to avoid the lengthy federal permitting process while reducing upfront capital requirements and execution risk.

Key Highlights

  • Current resource stands at 4.3Moz, with management targeting an initial ~1Moz high-grade starter project
  • Development strategy keeps throughput below 5,000 tpd, allowing the project to remain outside the federal review process
  • Management believes the smaller-scale approach lowers capital intensity and reduces construction risk for a junior developer
  • Fenn-Gib is located in Ontario’s Timmins camp near major infrastructure, including highway access, nearby power, and an experienced mining workforce
  • Targeting a construction decision by 2028 and first gold production by 2030

Economics & Development Strategy

  • First six years of mining are expected to average ~1.5 g/t Au from the higher-grade core
  • PFS outlined AISC below US$1,200/oz and approximately US$1.4B in projected free cash flow over the first six years at spot prices used in the study
  • Management highlighted a projected payback period of roughly 1.7 years
  • The initial mine plan only utilizes about 25% of the total resource, leaving significant long-term expansion potential

Permitting & Execution

  • Project is advancing through Ontario’s “One Project, One Process” permitting framework rather than the longer federal process
  • Detailed engineering work is currently underway for both the site and processing plant
  • Three years of environmental baseline data have already been completed
  • Management emphasized ongoing engagement with nearby Indigenous and First Nations communities as a core component of project development

Exploration & Corporate Positioning

  • Recently hired a new VP of Exploration to advance underexplored targets on the company’s South Block along the Porcupine-Destor Fault
  • Management noted the district sits within a prolific ~300Moz gold belt with additional exploration upside remaining largely untested
  • Currently has ~C$30M in cash to fund the next phase of development work
  • Insider ownership stands at approximately 35%, which management described as strong alignment with shareholders

Notably, MFG is positioning Fenn-Gib as a lower-risk, phased development project in a tier-one mining jurisdiction, combining infrastructure advantages, strong project economics, and a construction-focused leadership team to advance toward potential production later this decade.

https://preview.redd.it/pstqmzzc072h1.jpg?width=1512&format=pjpg&auto=webp&s=01c1cd7ec268b8c5f996b0de1c46f25a4d682548

reddit.com
u/XStockman2000X — 2 days ago

PRESENTATION SUMMARY: Fast-Tracking Gold Development in Ontario - Mayfair Gold (MFG.v MINE)

Posted on behalf of Mayfair Gold Corp. – At the Metals Investor Forum, Mayfair Gold (MFG.v MINE) outlined its strategy to fast-track development of the Fenn-Gib Gold Project in Ontario by focusing on a smaller, high-grade starter operation designed to avoid the lengthy federal permitting process while reducing upfront capital requirements and execution risk.

Key Highlights

  • Current resource stands at 4.3Moz, with management targeting an initial ~1Moz high-grade starter project
  • Development strategy keeps throughput below 5,000 tpd, allowing the project to remain outside the federal review process
  • Management believes the smaller-scale approach lowers capital intensity and reduces construction risk for a junior developer
  • Fenn-Gib is located in Ontario’s Timmins camp near major infrastructure, including highway access, nearby power, and an experienced mining workforce
  • Targeting a construction decision by 2028 and first gold production by 2030

Economics & Development Strategy

  • First six years of mining are expected to average ~1.5 g/t Au from the higher-grade core
  • PFS outlined AISC below US$1,200/oz and approximately US$1.4B in projected free cash flow over the first six years at spot prices used in the study
  • Management highlighted a projected payback period of roughly 1.7 years
  • The initial mine plan only utilizes about 25% of the total resource, leaving significant long-term expansion potential

Permitting & Execution

  • Project is advancing through Ontario’s “One Project, One Process” permitting framework rather than the longer federal process
  • Detailed engineering work is currently underway for both the site and processing plant
  • Three years of environmental baseline data have already been completed
  • Management emphasized ongoing engagement with nearby Indigenous and First Nations communities as a core component of project development

Exploration & Corporate Positioning

  • Recently hired a new VP of Exploration to advance underexplored targets on the company’s South Block along the Porcupine-Destor Fault
  • Management noted the district sits within a prolific ~300Moz gold belt with additional exploration upside remaining largely untested
  • Currently has ~C$30M in cash to fund the next phase of development work
  • Insider ownership stands at approximately 35%, which management described as strong alignment with shareholders

Notably, MFG is positioning Fenn-Gib as a lower-risk, phased development project in a tier-one mining jurisdiction, combining infrastructure advantages, strong project economics, and a construction-focused leadership team to advance toward potential production later this decade.

https://preview.redd.it/pstqmzzc072h1.jpg?width=1512&format=pjpg&auto=webp&s=01c1cd7ec268b8c5f996b0de1c46f25a4d682548

reddit.com
u/XStockman2000X — 2 days ago
▲ 7 r/CNDpennystockbets+3 crossposts

Getty Copper Inc. (GTC.v) Begins 10,000m Exploration Program Near Highland Valley Copper District

Posted on behalf of Getty Copper Inc. - Getty Copper Inc. (Ticker: GTC.v) has initiated a 10,000m drill program at its 82%-owned Getty Project near Logan Lake, British Columbia, adjacent to Teck Resources Limited’s Highland Valley Copper Mine. 

The project is situated within one of Canada’s longest-standing copper mining camps.

The campaign represents Getty Copper’s most extensive exploration effort since 1997 and the first significant drilling activity completed at the property in nearly 30 years.

Initial drilling is targeting the Getty North zone, where the company is testing the down-plunge continuation of a cylindrical body of higher-grade copper mineralization that remains open at depth.

https://preview.redd.it/5sa3qzirx62h1.jpg?width=720&format=pjpg&auto=webp&s=a9db8c8719aafbb4df9a3a6399581a4236f6ef3a

The targeting model was refined through the relogging of 5,750m of historical drill core, which helped improve Getty Copper’s understanding of the geometry and continuity of the mineralized system.

Highlights of the Getty North program include:

  • Planned drill depths ranging from roughly 550m to 650m
  • Two diamond drill rigs active on site
  • Sampling for both metallurgical and geometallurgical analysis

The company also plans to conduct sequential leach copper assays in shallower mineralized sections where supergene copper enrichment has been identified.

The work is intended to evaluate whether portions of the mineralization may be suitable for heap leach recovery methods.

At Getty South, current efforts are focused on advancing the target toward future drilling through verification of historical datasets, including legacy drill records and underground sampling information dating back to the 1950s.

Getty Copper also relogged 2,579m of historical core from Getty South, identifying porphyry-associated breccias with comparatively low sulfide levels and sericitic alteration. 

The company believes this geological setting may indicate zoning toward a deeper potassic core with stronger copper mineralization.

The proposed target area corresponds with an induced polarization (IP) chargeability anomaly located beneath the western portion of Getty South.

According to the company, the anomaly may indicate extensions of higher-grade breccia-hosted mineralization linked to historical workings at the Trojan underground mine.

In addition to Getty North and Getty South, Getty Copper is evaluating other nearby targets, including Getty West, for potential future drilling opportunities.

The company has also outlined plans for an additional 4,000m to 6,000m of drilling during the second half of 2026, which may include testing of satellite targets as part of broader exploration and resource expansion efforts.

The ongoing 10,000m campaign is focused on testing deeper higher-grade copper mineralization, expanding existing zones, and evaluating the wider district-scale opportunity at the Getty Project, which has seen relatively limited modern exploration despite its location beside one of Canada’s largest copper mining operations.

reddit.com
u/NazzDaxx — 1 day ago
▲ 5 r/PennyStocksCanada+2 crossposts

Minaurum Silver (MGG.v MMRGF) Reports Additional High-Grade Silver Results at Alamos as Six-Rig Drill Campaign Advances Toward H2 2026 Resource Update; Quintera Returns 5.3m @ 570 g/t Ag Incl. 2.5m @ 1,024 g/t in Hole AL26-180W

Posted on behalf of Minaurum Silver Inc. - Minaurum Silver Inc. (Ticker: MGG.v or MMRGF for US investors) reported new drill results from the Alamos Silver Project in Sonora, Mexico, where the company is continuing its Phase II 50,000m drill program designed to expand and further define the project’s Inferred Mineral Resource Estimate (MRE).

https://preview.redd.it/v6r4r6dgg62h1.png?width=1004&format=png&auto=webp&s=2caa9ae394475222aa2200efd646277a11d2e9f3

The company is working toward an updated resource estimate expected in the second half of 2026 and is currently targeting a 100Moz AgEq resource. Six drill rigs remain active across multiple vein zones at Alamos as exploration and definition drilling continue.

Recent drilling at the Quintera vein zone, which was not included in the project’s initial mineral resource estimate, returned additional high-grade silver intercepts:
- Hole AL26-180W intersected 5.30m grading 570 g/t silver (633 g/t AgEq), including 2.50m grading 1,024 g/t silver (1,120 g/t AgEq)
- Hole AL26-188 returned 5.80m grading 581 g/t silver (658 g/t AgEq)

Step-out drilling at the Europa Sur vein zone also extended mineralization with the following intercepts:
- Hole AL26-185 intersected 1.10m grading 305 g/t silver (449 g/t AgEq)
- Hole AL26-186 returned 2.35m grading 199 g/t silver (251 g/t AgEq), including 0.60m grading 701 g/t silver (828 g/t AgEq)

Current drilling activity includes expansion work at Europa and Promontorio-Travesia, while resource definition drilling continues at San Jose, Quintera, Cotera-Pulpito, and Minas Nuevas.

Minaurum’s current high-grade Inferred MRE (see MGG's January 28, 2026 press release) contains: 
- 34.8Moz silver
- 35,640oz gold
- 51.0Mlbs copper
- 115Mlbs lead
- 238Mlbs zinc
- for 55.2Moz AgEq contained

With six rigs continuing to drill across multiple vein corridors and Quintera still outside the project’s initial resource estimate, Minaurum’s ongoing Phase II campaign is aimed at further expanding the scale of the Alamos system ahead of the company’s planned H2 2026 resource update.

Read the full update here: https://minaurum.com/news/2026/minaurum-drills-high-grade-silver-on-the-quintera-vein-zone-at-the-alamos-silver-project-5.30-m-of-570-g-t-ag-including-2.50-m/

reddit.com
u/XStockman2000X — 1 day ago
▲ 5 r/InvestingCanada+1 crossposts

Azarga Metals Corp. (AZR.v): Advancing A High-Grade Copper-Zinc-Gold-Silver VMS Resource At The Marg Project In Yukon’s Keno Hill District

Posted on behalf of Azarga Metals Corp. - Azarga Metals Corp. (Ticker: AZR.v) is a single-asset exploration and development company advancing 100% of the Marg Project, a high-grade, copper-rich volcanogenic massive sulphide (VMS) deposit located in the Keno Hill Silver District of central Yukon, approximately 40km east of Keno City. 

https://preview.redd.it/yexeircag62h1.png?width=573&format=png&auto=webp&s=49fcc637eef137906c5e3801954f9d0d64fabb0c

The project is polymetallic in nature, with copper as the primary metal and meaningful gold, silver, zinc, and lead credits contributing to overall value.

The August 2025 NI 43-101 mineral resource estimate outlines an Indicated resource of 4.3 million tonnes grading 2.9% CuEq, comprised of 1.3% Cu, 3.2% Zn, 1.7% Pb, 0.66g/t Au, and 42g/t Ag. 

The Inferred resource totals 10.0 million tonnes grading 2.3% CuEq, including 1.0% Cu, 2.6% Zn, 1.3% Pb, 0.54g/t Au, and 33g/t Ag. 

The estimate applies a 0.5% CuEq cut-off grade and is supported by approximately 33,620m of drilling. 

Geologically, the Marg deposit extends over 1km along strike and 700m down-dip, with the sulphide layer reaching up to 23 metres thick in the core fold hinge. 

The deposit remains open to the east, west, and down-dip, providing a defined pathway for additional drilling to expand the currently outlined 14.3 million tonnes of mineral resources.

Metallurgical testwork confirms the deposit is amenable to differential flotation, producing separate copper, lead, and zinc concentrates, with gold and silver reporting to the sulphide concentrates.

This supports the polymetallic profile of the project and underpins the copper-equivalent grades reported in the resource.

Management is led by President & CEO Gordon Tainton, who brings over 25 years of senior management experience across mining, chemicals, and commodity trading, including expertise in off-take agreements, logistics, and project financing. 

CFO Dan O’Brien has more than 15 years of financial reporting experience with publicly traded exploration companies. Ben Meyer serves as Corprate Secretary.

This year, the company has strengthened its treasury through capital raises. It closed a C$1M private placement in February, issuing 10 million units at $0.10, and subsequently announced a follow-up private placement of up to C$500K at $0.135 per unit, which later closed for gross proceeds of approximately C$500,560 through the issuance of 3,707,850 units.

Proceeds are earmarked for preparing the next exploration program at Marg. 

At an approximate market capitalization of ~C$11.5M, the valuation discussion centres on a 43-101 compliant, high-grade polymetallic resource in a well-established Yukon mining district with open-ended expansion potential. 

Copper is the primary driver, while zinc, gold, and silver credits contribute materially to overall copper-equivalent grades. 

With capital allocated toward advancing the next phase of exploration and the deposit remaining open in multiple directions, the focus is on resource growth and continued advancement at the Marg Project.

More info here: https://azargametals.com/

reddit.com
u/XStockman2000X — 3 days ago
▲ 3 r/MiningStocksCanada+1 crossposts

Sierra Madre Gold & Silver (SM.v SMDRF) Reports Record Q1 2026 Silver & Gold Revenues, US$2.8M Adjusted EBITDA, and Ongoing La Guitarra Expansion Targeting 50%+ Throughput Growth by End of Q2 2026

Posted on behalf of Sierra Madre Gold and Silver Ltd. - Today, Sierra Madre Gold and Silver Ltd. (ticker: SM.v or SMDRF for US investors) reported record quarterly revenues for Q1 2026 as the company continues ramping up operations at its producing La Guitarra Mine Complex in Mexico while advancing a major plant expansion and preparing for a planned 30,000m drill campaign later this year.

https://preview.redd.it/dv8q87g5g62h1.png?width=581&format=png&auto=webp&s=079b1e18463e1fed8823d169ed79594976f54595

SM generated quarterly net revenues of US$10.1 million and Adjusted EBITDA of US$2.8 million during Q1 2026. The company sold 69,006oz of silver and 1,038oz of gold, representing 128,827 silver equivalent ounces sold during the quarter.

Gross silver revenues totalled US$5.9 million at an average realized silver price of US$85.14/oz, while gold revenues totalled US$5.1 million at an average realized gold price of US$4,906/oz.

CEO Alex Langer highlighted that Sierra Madre benefited from rising precious metals prices while continuing to establish a stronger operational base ahead of anticipated production growth later this year. 

The company outlined expectations for improved head grades as mining activities continue ramping up at the Coloso and Nazareno underground mines.

SM also reported:
- Gross profit of US$3.61 million
- Cash flow from operations of US$3.5 million
- Cash, cash equivalents, and short-term investments of US$13.2 million
- Working capital of US$14.4 million

Operationally, Sierra Madre milled 41,699 tonnes during the quarter with silver recoveries averaging 71.98% and gold recoveries averaging 71.61%. Production totalled 58,506oz silver and 932oz gold.

A major focus for the company remains the ongoing expansion of the La Guitarra processing plant. 

Phase I of the expansion remains on schedule for completion by the end of Q2 2026 and is expected to increase mill throughput capacity from 500tpd to approximately 750-800tpd. 

Phase II is targeted for completion by Q3 2027 with the goal of increasing throughput to 1,200-1,500tpd.

Sierra Madre also outlined several key expansion developments completed or underway, including:
- Installation and testing of a second crusher
- Refurbishment and installation planning for a 600-700tpd ball mill
- Construction of an 800tpd thickener tank
- Purchase of haul trucks to replace rental fleets
- Acquisition of additional scoop trams
- Installation planning for backup diesel generators at Guitarra and Coloso-Nazareno

The company also continues advancing mine development at Coloso and Nazareno, which Sierra Madre believes host significantly higher silver and gold grades compared to the Guitarra mine veins. A special services contractor was selected in late April to accelerate development activities and began mobilizing to site in early May.

In addition to production growth initiatives, Sierra Madre is preparing for a large-scale exploration program at the East District of the Guitarra Mine Complex. Following mapping, sampling, and target delineation work, the company expects a planned 30,000m drill program to begin in H2 2026. Permit preparation is underway.

Sierra Madre also continues progressing toward completion of its previously announced acquisition of the Del Toro silver mine from First Majestic Silver Corp.

Full news here: https://sierramadregoldandsilver.com/read/auto-news-1779188438

reddit.com
u/XStockman2000X — 3 days ago
▲ 5 r/TechInvesting+1 crossposts

Carrier Connect Data Solutions Inc. (CCDS.v CCDSF) Broadens Data Centre Connectivity Strategy Through Completed Morewave Asset Acquisition

Posted on behalf of Carrier Connect Data Solutions Inc. - Carrier Connect Data Solutions Inc. (Ticker: CCDS.v or CCDSF for US investors) has finalized its previously announced acquisition of network connectivity and delivery assets from Morewave Communication Inc., a company focused on network connectivity and last mile services. As consideration for the transaction, CCDS issued 560,000 common shares to Morewave.

The acquisition adds additional connectivity and delivery infrastructure to CCDS’ existing platform as the company continues advancing its strategy of consolidating Tier II/III data centre and connectivity assets across its operating regions.

CCDS operates as a carrier-neutral provider focused on the international roll-up of Tier II/III data centres. The company targets facilities that provide co-location and data centre services to AI companies, enterprises, service providers, and small businesses.

https://preview.redd.it/jeanb2wtef1h1.jpg?width=582&format=pjpg&auto=webp&s=796d9862c904add5da3da5b05436ca8ad7164643

Current operating markets include:

  • Vancouver
  • Ottawa
  • Saint John
  • Perth, Australia

CCDS’ facilities are utilized by customers either as primary data centres or as supplementary infrastructure depending on operational needs.

Data centres form the physical backbone for computing infrastructure, housing equipment such as:

  • Servers
  • Storage systems
  • Networking hardware

As a carrier-neutral organization, CCDS independently owns and operates its systems within leased facilities.

The completed Morewave transaction further expands CCDS’ network connectivity footprint while supporting its broader objective of growing integrated data centre and connectivity capabilities across its markets.

reddit.com
u/NazzDaxx — 3 days ago

"Exploration Co. Confirms Significant Gold Potential at Ben Ben Target in Liberia"

Posted on behalf of Zodiac Gold Inc. - With early assays continuing to support the potential for a district-scale gold system along the 16km Arthington-to-Youth Camp corridor, Zodiac Gold (ZAU.v ZAUIF) reported initial drill results from the first-ever diamond drilling program at the Ben Ben target within its Todi Gold Project in Liberia.

Key Highlights

  • Gold mineralization intersected in all nine holes reported to date
  • Notable intercepts included:
    • 14.85m @ 1.55 g/t Au including 0.8m @ 13.15 g/t Au, 0.93m at 5.82 g/t Au and 1.05m at 2.22 g/t Au
    • 17.65m @ 0.81 g/t Au including 1m @ 5.67 g/t Au, 0.65m at 2.74 g/t Au, 1m at 1.33 g/t Au and 1m at 1.15 g/t Au
    • 7.37m @ 1.95 g/t Au including 2.37m @ 3.24 g/t Au and 2m at 2.81 g/t Au
  • Drilling intersected near-surface, shallow-dipping mineralization across roughly 1km of strike
  • Management stated Ben Ben shares similar geology and structural controls with the nearby Arthington discovery
  • Company plans to potentially add a third drill rig as part of the ongoing 14,000m 2026 drill campaign

Why It Matters

  • Results strengthen the thesis that the Todi Shear Zone could host a district-scale gold system with multiple deposits
  • Ben Ben sits within a broader 16km gold anomaly extending from Arthington to Youth Camp
  • Zodiac is targeting a Mineral Resource Estimate by Q4 2026 incorporating both Arthington and the current drilling on the Ben Ben to Youth Camp trend

The article also highlighted broader investor interest in Zodiac’s Liberia-focused strategy, with investor Brett Richards pointing to the jurisdiction, infrastructure access, land package scale, and exploration upside as key factors supporting the company’s long-term potential.

https://preview.redd.it/79cl6nj7ef1h1.jpg?width=1464&format=pjpg&auto=webp&s=81ab4dc98913f75293877fd3b6b8645b5c6755b4

reddit.com
u/XStockman2000X — 6 days ago

"Exploration Co. Confirms Significant Gold Potential at Ben Ben Target in Liberia"

Posted on behalf of Zodiac Gold Inc. - With early assays continuing to support the potential for a district-scale gold system along the 16km Arthington-to-Youth Camp corridor, Zodiac Gold (ZAU.v ZAUIF) reported initial drill results from the first-ever diamond drilling program at the Ben Ben target within its Todi Gold Project in Liberia.

Key Highlights

  • Gold mineralization intersected in all nine holes reported to date
  • Notable intercepts included:
    • 14.85m @ 1.55 g/t Au including 0.8m @ 13.15 g/t Au, 0.93m at 5.82 g/t Au and 1.05m at 2.22 g/t Au
    • 17.65m @ 0.81 g/t Au including 1m @ 5.67 g/t Au, 0.65m at 2.74 g/t Au, 1m at 1.33 g/t Au and 1m at 1.15 g/t Au
    • 7.37m @ 1.95 g/t Au including 2.37m @ 3.24 g/t Au and 2m at 2.81 g/t Au
  • Drilling intersected near-surface, shallow-dipping mineralization across roughly 1km of strike
  • Management stated Ben Ben shares similar geology and structural controls with the nearby Arthington discovery
  • Company plans to potentially add a third drill rig as part of the ongoing 14,000m 2026 drill campaign

Why It Matters

  • Results strengthen the thesis that the Todi Shear Zone could host a district-scale gold system with multiple deposits
  • Ben Ben sits within a broader 16km gold anomaly extending from Arthington to Youth Camp
  • Zodiac is targeting a Mineral Resource Estimate by Q4 2026 incorporating both Arthington and the current drilling on the Ben Ben to Youth Camp trend

The article also highlighted broader investor interest in Zodiac’s Liberia-focused strategy, with investor Brett Richards pointing to the jurisdiction, infrastructure access, land package scale, and exploration upside as key factors supporting the company’s long-term potential.

https://preview.redd.it/79cl6nj7ef1h1.jpg?width=1464&format=pjpg&auto=webp&s=81ab4dc98913f75293877fd3b6b8645b5c6755b4

reddit.com
u/XStockman2000X — 6 days ago

Antonella-Libelulas Project Expanded in Peru - Daura Gold (DGC.v DGCOF)

Posted on behalf of Daura Gold Corp. – Daura Gold (DGC.v DGCOF) expanded its flagship Antonella-Libelulas Project in Peru through the staking of two new claims, Libelulas 25 and Libelulas 26, increasing the project footprint by approximately 2,000 hectares.

Highlights

  • Antonella-Libelulas Project now covers roughly 10,600 hectares in Peru’s Ancash region 
  • New claims strengthen Daura’s control over the eastern extension of the Libelulas mineralized structural corridor 
  • Project hosts multiple exploration targets including Antonella, Antonella North, and Libelulas 
  • The broader Ancash land package now spans more than 18,000 hectares including the Tayacoto and Yanamina projects 
  • Property is located approximately 6km from Highlander Silver’s Bonita target and 15km southwest of Barrick’s past-producing Pierina mine 
  • Management stated the company is advancing community engagement and targeting drilling at Antonella as soon as possible

 

Notably, the expansion further strengthens DGC's position within one of Peru’s most prolific gold-silver districts as the company continues advancing exploration across its growing Ancash portfolio.

https://preview.redd.it/458x07fybf1h1.jpg?width=1152&format=pjpg&auto=webp&s=b2d3a69b52303aee5bf324ca9dc94ceb0e53a892

reddit.com
u/XStockman2000X — 6 days ago

Antonella-Libelulas Project Expanded in Peru - Daura Gold (DGC.v DGCOF)

Posted on behalf of Daura Gold Corp. – Daura Gold (DGC.v DGCOF) expanded its flagship Antonella-Libelulas Project in Peru through the staking of two new claims, Libelulas 25 and Libelulas 26, increasing the project footprint by approximately 2,000 hectares.

Highlights

  • Antonella-Libelulas Project now covers roughly 10,600 hectares in Peru’s Ancash region 
  • New claims strengthen Daura’s control over the eastern extension of the Libelulas mineralized structural corridor 
  • Project hosts multiple exploration targets including Antonella, Antonella North, and Libelulas 
  • The broader Ancash land package now spans more than 18,000 hectares including the Tayacoto and Yanamina projects 
  • Property is located approximately 6km from Highlander Silver’s Bonita target and 15km southwest of Barrick’s past-producing Pierina mine 
  • Management stated the company is advancing community engagement and targeting drilling at Antonella as soon as possible

 

Notably, the expansion further strengthens DGC's position within one of Peru’s most prolific gold-silver districts as the company continues advancing exploration across its growing Ancash portfolio.

https://preview.redd.it/458x07fybf1h1.jpg?width=1152&format=pjpg&auto=webp&s=b2d3a69b52303aee5bf324ca9dc94ceb0e53a892

reddit.com
u/XStockman2000X — 6 days ago
▲ 6 r/Miningstocks+1 crossposts

Excellon Resources (EXN.v EXNRF) Announces $2.125 Million Saxony Silver Financing for the Silver City Project in Germany; Establishes $20.8 Million Saxony Silver Valuation

Posted on behalf of Excellon Resources Inc. - Excellon Resources Inc. (Ticker: EXN.v or EXNRF for US investors) recently announced that its 75%-owned subsidiary, Saxony Silver Corp., has signed binding subscription agreements for a non-brokered private placement expected to generate gross proceeds of $2,125,000.

https://preview.redd.it/vi6rtwb0yd1h1.png?width=956&format=png&auto=webp&s=90b6e8b967fd812a4b76084ea8794cc494edf74e

Silver City Project Overview
The Silver City Project is a high-grade epithermal silver-zinc-lead exploration asset located in the historic Freiberg mining district in Saxony, Germany. The property spans roughly 340 km² (34,000 hectares) across four contiguous exploration licences and is held entirely by Saxony Silver.

The Freiberg district has more than 750 years of mining history and approximately 183 million ounces of historical silver production.

Between 2019 and 2022, Excellon completed more than 12,050m of diamond drilling across the Bräunsdorf, Grauer Wolf and Grossvoigtsberg target areas. The program included 40 drill holes, with mineralized vein structures intersected in 37 of them.

Highlighted drill results included:
- 1.30m @ 954 g/t Ag
- 8.1m @ 194 g/t AgEq including 1.3m @ 1,043 g/t AgEq
- 2.9m @ 257 g/t AgEq including 0.4m @ 1,633 g/t AgEq

Financing Overview
The financing consists of 4,250 units priced at $500 each and is being completed entirely at the Saxony Silver subsidiary level, meaning no Excellon shares are being issued as part of the transaction. 

Each unit issued in the Offering includes one common share of Saxony Silver and one-half of one common share purchase warrant. Each full warrant allows the holder to acquire one additional common share at an exercise price of $750 for a period of 36 months after closing.

Saxony Silver Valuation and Next Exploration Steps
Excellon outlined that proceeds from the financing are expected to support a structured target regeneration program using historical drill and geophysical datasets, followed by initial drilling on priority exploration targets at Silver City. 

Notably, the financing values Saxony Silver at a $20.8 million pre-money valuation and establishes a third-party benchmark valuation for the Silver City Project. Excellon’s majority interest in Saxony Silver implies a pro forma value of approximately $15.6 million.

Following completion of the Offering, Excellon is expected to retain ownership of 31,230 Saxony Silver common shares, representing approximately 68.1% of the issued and outstanding shares on an undiluted basis, compared to its 75.0% interest prior to the financing. 

With the financing expected to support additional target generation and initial drilling activities, Excellon continues to maintain majority ownership of Saxony Silver while establishing a defined valuation framework for the Silver City Project in Germany.

Full details here:
https://www.excellonresources.com/news/details/index.php?content_id=421

reddit.com
u/XStockman2000X — 7 days ago
▲ 3 r/PennyStocksCanada+1 crossposts

IDEX Metals Corp. (IDEX.v IDXMF) Options Idaho Copper, Silver & Gold Projects to WestGold, Retaining 10% Carried Interests, a 1.5% NSR Royalty and 9.9% Equity Exposure While Focusing on the Freeze Copper-Gold Project

Posted on behalf of IDEX Metals Corp. - Yesterday, IDEX Metals Corp. (Ticker: IDEX.v or IDXMF for US investors) announced an option agreement with WestGold Metals Corp. to advance three non-core exploration properties in Idaho (the Amie Project, Silver Rock Project and Demming Project) while allowing IDEX to remain focused on advancing its flagship Freeze Copper-Gold Project in Idaho’s emerging Idaho Copper District.

https://preview.redd.it/zu33nnrsxd1h1.png?width=525&format=png&auto=webp&s=4b00865cd47528e7c4b0866a37e21522d9d68c10

Under the agreement, WestGold Metals Corp. will have the option to acquire a 90% interest in the three projects through a combination of share consideration, cash payments and exploration spending commitments.

The transaction is designed to provide shareholders with non-dilutive exposure to future exploration success while preserving upside through retained project interests, royalties and equity ownership in WestGold.

As part of the transaction terms, WestGold will issue 5,737,000 common shares to IDEX’s subsidiary Silver Rock Resources, Inc. and make a $100,000 cash payment following satisfaction of the agreement’s conditions. 

WestGold must also complete at least $5,000,000 in exploration expenditures across the projects over a three-year period, including $1,000,000 in the first year, $3,000,000 cumulatively by year two and $5,000,000 cumulatively by year three.

IDEX CEO Clayton Fisher highlighted that the agreement aligns with the company’s strategy of monetizing non-core assets while concentrating technical and financial resources on the Freeze Project. 

He noted that the structure gives shareholders multiple forms of leverage to future discoveries across the Owyhee project portfolio through:
- A 9.9% equity position in WestGold
- Exploration expenditures committed across the projects
- Retained 10% carried interests in the properties
- A retained royalty interest

Upon full exercise of the option, the parties will form a joint venture with WestGold holding a 90% participating interest. WestGold will act as operator and fund all exploration, development and mining costs until commercial production begins.

The agreement also grants IDEX a 1.5% net smelter returns royalty on the projects, with WestGold retaining the right to reduce the royalty to 1.0% through a $2,000,000 payment.

IDEX Metals Corp. is focused on exploring and advancing base and precious metal projects in Idaho, with its primary focus centered on the Freeze Copper-Gold porphyry prospect located in Washington County within the Idaho Copper District. 

The company has assembled a strategic land position in a mining jurisdiction that continues to attract industry attention from major mining companies and junior explorers alike.

Full press release here: https://idexmetals.com/idex-metals-announces-option-agreement-with-westgold-metals/

reddit.com
u/XStockman2000X — 7 days ago
▲ 5 r/wallstreetsmallcaps+3 crossposts

Kobrea Exploration Corp. (KBX.c KBXFF) Advances District-Scale Copper-Gold Exploration Strategy in Argentina With Expanding El Perdido Drilling and Discovery of Large Hydrothermal Breccia Target at KBX-17

Posted on behalf of Kobrea Exploration Corp. - Kobrea Exploration Corp. (Ticker: KBX.c or KBXFF for US investors) is advancing a large-scale copper exploration portfolio in the Western Malargüe Mining District in Mendoza Province, Argentina, where the Company holds the right to earn a 100% interest in seven projects covering more than 733km2.

The district-scale land package hosts numerous porphyry copper and porphyry copper-gold targets characterized by large hydrothermal alteration systems, anomalous copper-gold-molybdenum geochemistry, quartz stockwork veining and hydrothermal breccias.

A major focus for Kobrea has been systematically advancing multiple targets across the broader land package while actively drilling the El Perdido porphyry copper-gold-molybdenum system. 

The Company recently expanded its Phase 1 drill program at El Perdido after geological observations from the first holes supported additional drilling. 

Drilling intersected a copper-bearing porphyry system at the first regional target tested, while later drilling also confirmed the presence of a preserved chalcocite enrichment zone beneath the leached cap of the system.

https://preview.redd.it/9xgq8trfxd1h1.jpg?width=2363&format=pjpg&auto=webp&s=0260bc51e3591653dedaf4c09a553ee2b2ada055

Alongside drilling at El Perdido, Kobrea also announced the discovery of a previously unknown hydrothermal breccia system at Target KBX-17 within the Cuprum trend. 

Detailed mapping outlined a hydrothermal breccia body measuring approximately 1,250m by 500m, with nearby host rock samples returning up to 1.6% copper.

Kobrea’s geological team interprets the breccia as potentially linked to a porphyry source at depth, further supporting the Company’s broader exploration model across Western Malargüe.

The discovery at KBX-17 is significant because the target had not been identified or drilled by previous operators, reinforcing Kobrea’s view that additional porphyry systems may remain undiscovered across the district-scale property package. 

https://preview.redd.it/7miodn2ixd1h1.jpg?width=887&format=pjpg&auto=webp&s=ca684780bd303af40f3010b7a63514c38d93fbbb

Collectively, the ongoing drilling at El Perdido and the identification of targets like KBX-17 continue to advance Kobrea’s strategy of systematically defining multiple copper systems across one of its largest competitive advantages: a large and underexplored land position in the Western Malargüe Mining District.

Full press releases here: https://www.kobreaexploration.com/blog/

reddit.com
u/XStockman2000X — 3 days ago
▲ 9 r/PennyStocksWatch+2 crossposts

Getty Copper Inc. (GTC.v GTCDF) Adds Second Drill Rig at Getty North Copper-Molybdenum Project in BC and Begins OTCQX Uplisting Process

Posted on behalf of Getty Copper Inc. - Yesterday, Getty Copper Inc. (Ticker: GTC.v or GTCDF for US investors) announced that it has added a second drill rig to its ongoing spring drill program at the Getty Project in British Columbia’s Highland Valley Copper District, while also commencing the application process to uplist its shares to the OTCQX Best Market in the US.

https://preview.redd.it/o7f6hmbyw71h1.jpg?width=402&format=pjpg&auto=webp&s=2ac1882718ebc7384a39ab4d6585ddb4eaf72b90

The company outlined that more than 3,000m of drilling has already been completed as part of its 2026 exploration campaign, with both rigs currently focused at the Getty North deposit. 

The drilling forms part of Getty’s broader two-pronged resource and exploration strategy aimed at expanding and confirming mineralization at both the Getty North and Getty South deposits.

Management noted that the deposits were historically drilled to relatively shallow depths during a much lower copper price environment and with limited geological controls and minimal modern multi-element assay data. 

Getty expects to release additional drill results and operational updates as the program advances.

Getty’s flagship Getty Project is located near Logan Lake, British Columbia, adjacent to Teck Resources’ Highland Valley Copper Mine. 

The project is 82% owned by Getty and is being advanced as a potential future source of copper and molybdenum within the district.

Alongside the operational update, Getty also confirmed that it has officially started the process to uplist from the Pink Open Market in the US to the OTCQX Best Market.

CEO Ryan O’Regan outlined that increasing accessibility to US investors is a priority as drilling activities ramp up through 2026, adding that the OTCQX market’s reporting and verification requirements are expected to provide stakeholders with improved transparency and liquidity. 

The uplisting remains subject to approval from OTC Markets Group and applicable listing requirements.

Getty also announced the appointment of Fernanda Dau as Manager, Corporate Communications under a consulting agreement. 

The company noted that her role will support investor engagement, communications initiatives, stakeholder relations, and compliance-support functions as Getty advances its exploration activities. 

Management highlighted her previous experience working with mining companies including First Majestic and Gatos Silver.

reddit.com
u/NazzDaxx — 7 days ago