Author: Alexander Lee
Alexander Lee
Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.
Founders Metals (TSXV:FDR) has recently announced its decision to exercise its option to acquire a majority stake of 51% in the Antino Gold Project situated in southeastern Suriname. This acquisition is deemed essential for the progression and de-risking of the project. The company has commenced active drilling activities across three specific locations within the project area, namely Upper Antino, Buese, and Lower Antino. This strategic move aims to enhance project development and reduce associated risks. Founder Metals shares have seen a slight increase of 0.42% to C$2.37 as of 9:54 am ET. The CEO of Founders Metals, Colin Padget, emphasized…
On September 9, 2024, the Golden Rapture Mining Corporation, a newly listed company (CSE: GLDR), announced plans for a phase II diamond drilling program at its flagship 10,000-acre Tier 1 Phillips Township Gold Property in NW Ontario. The initial exploratory program revealed a series of vertical veins at shallow depths, indicating potential high-grade gold deposits in an area traditionally known for a large flat-lying quartz structure. The phase 1 summary, released on September 5, 2024, highlighted significant gold values of 114.96 g/t Au across 2.55 meters and 111.16 g/t Au across 1.50 meters. The drilling results are summarized in Table…
Gold Candle, a prominent player in the precious metals sector, is pleased to announce the launch of its newly redesigned website, www.GoldCandle.com. The updated site aims to provide visitors with a more seamless user experience, offering easy access to the latest company news, investor information, and updates on its flagship project, the Kerr-Addison mine. The timing of the website launch coincides with Gold Candle’s upcoming participation in the highly anticipated 2024 Precious Metals Summit in Beaver Creek, Colorado. Executive Chair Michael Berns and Lead Director Ebe Scherkus will lead the Company’s presence at the event, engaging in exclusive one-on-one meetings…
On September 9, 2024, Cruz Battery Metals Corp. announced that it has entered into an arrangement agreement with its wholly-owned subsidiary, Makenita Resources Inc. The agreement entails the transfer of all rights, title, and interest in the Hector Silver-Cobalt Project to Makenita, as well as a spin-out of securities to Cruz’s securityholders. The Hector Property, located in Ontario, Canada, will become Makenita’s focus for development. Cruz will continue its focus on other projects in Nevada and Idaho and seek opportunities for further acquisitions. The Arrangement will involve a share capital reorganization of Cruz, a transfer of the Hector Property, and…
Calgary, Alberta–(Newsfile Corp. – September 4, 2024) – Criterium Energy Ltd. (TSXV: CEQ) (“Criterium” or the “Company”) announces the resignation of Mr. Robin Auld, who served as the President and Chief Executive Officer of the Company. Criterium expresses its gratitude to Robin Auld for his valuable contributions during his tenure and wishes him success in his future pursuits. Robin has played a key role in guiding Criterium through a period of substantial growth since the company’s recapitalization in 2022. The Company will commence a search for a new President and CEO to lead Criterium into its next phase of development.
Exploits Discovery Corp, a mineral exploration company based in Toronto, Ontario, released assay results from recent diamond drill holes completed at the Saddle Zone on the Bullseye property. Situated near the Appleton Fault Zone (AFZ) in Central Newfoundland, the Saddle Zone has shown promising mineralization with significant gold intercepts in recent drilling activities. The recent drill holes, BE-24-022, BE-24-023, and BE-24-024, were strategically designed to extend and confirm the mineralization previously encountered in hole BE-24-015. The results from BE-24-022 and BE-24-024 indicated gold intercepts at varying depths below the surface, showcasing the potential for gold mineralization at the Saddle Zone.…
September 06, 2024 5:15 PM EDT | Source: Highrock Resources Ltd. Highrock Resources Ltd. (CSE: HRK) is excited to announce the successful completion of the acquisition of all issued and outstanding shares of Liberty Uranium Corporation from Atikokan Resources Ltd. The acquisition was finalized in accordance with a share purchase agreement dated August 16, 2024. Liberty Uranium, based in Nevada, owns 100% interest in the Dry Creek uranium project located in the Uravan mineral belt, a prominent uranium producing district in the U.S.A. Highrock’s CEO, Derrick Dao, stated that this acquisition solidifies the company’s position as an American uranium company…
OTTAWA, ON, Aug. 22, 2024 – The Mining Association of Canada (MAC) has expressed significant concern regarding the negative effects of the unprecedented simultaneous interruption in service from Canada’s two Class 1 Railways. This disruption has far-reaching implications beyond just hindering the transportation of mining products to and from both domestic and international markets. It also impacts Canada’s efforts to supply minerals and metals globally, especially in the increasingly competitive critical minerals market. As the mining sector is the largest industrial customer of Canada’s railways, unforeseen work stoppages severely affect Canada’s reputation as a reliable trading partner. Pierre Gratton, MAC’s…
On September 6, 2024, Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) announced the acquisition of the Harriman Antimony Property, consisting of 49 mineral claims, in the Province of Québec through an arms-length option agreement between prospector Glenn Griesbach and Canuck Lithium Corp., a subsidiary of Hertz. The Harriman Property is an exploration stage antimony project located in the Gaspé Region of Québec. The project area benefits from favorable infrastructure including road access, hydroelectric power, port access, and available manpower. The Property was identified by reviewing historical antimony and gold showings from the Québec government geoscientific database known as…
September 05, 2024 8:44 PM EDT | Source: New Zealand Energy Corp. Wellington, New Zealand–(Newsfile Corp. – September 5, 2024) – New Zealand Energy Corp. (TSXV: NZ) (“NZEC” or the “Company”) is pleased to announce updates regarding the upcoming drilling operations for its flagship gas production and storage project at Tariki-5.The Tariki Joint Venture (“TJV”), consisting of the Company’s wholly owned subsidiary, NZEC Tariki Limited (50%), and L&M Energy Limited (50%), has established a gas handling and processing agreement with Cheal Petroleum Limited (“Cheal”) for the transportation of gas to be extracted from Tariki-5. The Cheal Facility owned by…