News

(TheNewswire)

April 15th, 2025 TheNewswire – Vancouver, B.C. Opawica Explorations Inc . (TSXV: OPW) (FSE: A2PEAD) (OTC: OPWEF) (the “Company” or “Opawica”), a Canadian mineral exploration company focused on precious and base metals in the Abitibi Gold Belt is providing an update on its 2025 exploration campaign at the Bazooka Property (‘Bazooka’).

Opawica has intersected a broad 76-meter mineralized zone , starting at a depth of 285 meters and extending to 361 meters, at the contact with a graphitic horizon. The interval includes visible gold, with consistent occurrences of arsenopyrite, fuchsite, and quartz veining throughout.

Visible gold was observed in drill hole OP-25-33 at a depth of 348.5 metres. (see below).

The Company has completed ten diamond drill holes for a total of 2000 meters of drilling and submitted 610 core samples for assays. Of the ten drill holes completed, our team successfully intersected the Cadillac-Larder Fault multiple times, revealing promising mineralization that enhances our understanding of local mineralization patterns. The Cadillac-Larder Lake fault is a major structural element in the Abitibi Greenstone Belt, known for its rich and its historical significance in mining.

Blake Morgan, Chief Executive Officer of Opawica, stated: “To date, the drilling has progressed extremely well. It is encouraging to encounter visible gold at such an early stage of our program. Over 2,000 metres of core have now been sent for assays, with multiple thick intercepts up to 76 meters in length. The Opawica team anticipates providing further updates soon and looks forward to receiving the final assay results.”

The Bazooka property occurs along one of the most prolific auriferous structures in the world, the Cadillac-Larder Lake break/fault. The Cadillac-Larder Lake break/fault, in part, marks the boundary between the Archean Abitibi subprovince in the north and the predominantly metasedimentary Pontiac subprovince south of the fault.

Gold mineralization on the property is hosted within the Main Zone, a mixed sequence of strongly altered quartz-carbonate-sericite and talc-chlorite schists derived from sedimentary and ultramafic to mafic volcanic protoliths, with an estimated true width of up to 60 metres.

The break/fault zone lies at the base and is marked by a strongly graphitic fault with an estimated true width of up to two metres. The graphitic fault generally marks the contact between the sedimentary and ultramafic metavolcanic rocks.

Structures and hydrothermal pathways were interpreted using the co-occurrence of selected exploration criteria in drill hole data. Interpreted prospective panels trend generally east-west with a steep dip to the north. They are constrained within the northern and southern borders of the Cadillac shear zone, a 150-metre-wide corridor of highly carbonate-chlorite-talc altered and schistosed ultramafic units, which form a Z-shape asymmetric drag fold in the area of the Bazooka historic mine.

Mr.Yvan Bussieres, P.Eng.,Opawica’s geologist is the qualified person for Opawica Explorations and has reviewed and approved the technical content of this news release.

About Opawica Explorations Inc.

Opawica Explorations Inc. is a junior Canadian exploration company with a strong portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi Gold Belt in Québec. The Company’s management has a great track record in discovering and developing successful exploration projects. The Company’s objective is to increase shareholder value through the development of exploration properties using cost effective exploration practices, acquiring further exploration properties, and seeking partnerships by either joint venture or sale with industry leaders.

FOR FURTHER INFORMATION CONTACT:

Blake Morgan

President and Chief Executive Officer

Opawica Explorations Inc.

Telephone: 236-878-4938

Fax: 604-681-3552

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

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances as required by applicable law.

Copyright (c) 2025 TheNewswire – All rights reserved.

Couloir Capital is pleased to announce it has initiated research coverage Quimbaya Gold Inc. (CSE: QIM) (“QIM,” or “Company”). Couloir Capital’s Senior Mining Analyst, Ron Wortel, MBA, P.Eng., Q.P. crafted a report titled “Building a high-impact exploration portfolio in Colombia’s prolific Antioquia gold camp.”

Report excerpt: “Quimbaya’s projects cover areas prospective for orogenic and epithermal gold deposits related to the major and splay structures of the region. Numerous prospects and small-scale locally operated mines are in the region and on the Company’s claim groups. Limited modern exploration work has been completed on the claim groups at this time. The Company focused on its strategy of building a targeted land package in the Country for the first few years of its operations. The Company managed low-cost and fast claim acquisition through access to proprietary staking software, allowing Quimbaya a timing advantage to pick up the most prospective land ahead of other companies. It is now ready to commence its first drilling campaign on a mining title claim in the Segovia area, the Tahami South, adjacent to the Aris Gold project land.”

The report can be accessed through Couloir Capital’s portal: https://www.couloircapital.com/research-portal.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm with a team of experienced investment professionals dedicated to providing institutional-quality research coverage in the natural resource exploration and development sectors. Our research reports are disseminated through Bloomberg, FactSet, Capital IQ, LSEG, and many other portals, as well as through our social media and extensive email distribution lists. To subscribe, visit: https://www.couloircapital.com/research-portal.

DISCLAIMER:

1. Analyst Disclosure: Couloir Capital holds shares or options in the Company. The analyst does not hold shares or options in the Company.

2. The Company has retained Couloir Capital under a service agreement that includes analyst research coverage.

3. Investors are encouraged to read the complete list of disclosures contained in the report.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248514

Intercept is outside of the Tamarack Resource Area at shallow depths in the CGO East Zone

Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) (together with its subsidiaries, “Talon” or the “Company”), the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project (“Tamarack Nickel Copper Project”) in central Minnesota, is pleased to announce a mixed massive sulphide intercept in the CGO East Zone at the Tamarack Nickel Copper Project measuring 16.09 meters.

Figure 1: Photo of drill core from drill hole 25TK0561 at 359.16 meters depth showing 16.09 meters of mixed massive sulphide.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2443/248464_talonfigure1.jpg

Highlights

• Talon’s in-house exploration team has been ‘Infilling’ and ‘Outfilling’ the Tamarack Resource Area for purposes of completing a feasibility study at the Tamarack Nickel Copper Project.

• Once again, this exploration work has resulted in new success with drill hole 25TK0561, that was targeting a Borehole Electromagnetic (“BHEM“) model below the Tamarack Resource Area, encountering significant mineralization at a depth of 359.16 meters, drilling 16.09 meters (See Figure 1) logged as 10% to 80% sulphide content (the higher the percentage of sulphide, the higher the grade of nickel at the Tamarack Nickel Copper Project).

• Its position below the existing shallow part of the Tamarack Resource Area is important as it may represent a waterfall draining the CGO East Zone mineralization, similar to the waterfall in the CGO West Zone, where the mineralization orientation changes from near horizontal to near vertical (See Figure 2 (plan view of cross section A-A’) and Figure 3 (cross section showing the potential CGO East Zone waterfall)).

• As is the case with CGO West Zone waterfall, a CGO East Zone waterfall of mineralization has the potential to add tonnage early in the Tamarack mine life, with minimal additional cost.

Brian Goldner, COO and Chief Exploration Officer of Talon, commented on the recent results, stating: “Not to sound like a broken record, but once again, borehole EM pointed to another great intercept, this time in CGO East. The really exciting part of this intercept is that the Massive Sulphide Unit appears to be plunging down below the CGO intrusion which begs the question, if it is draining where does it pool. Both the CGO East Zone and CGO West Zone, and the results from last month’s intercept in the 138 Zone, show strong evidence that the Tamarack mineralization is draining to depth into areas with limited drilling.“

“The timing of this record CGO East Zone intercept at shallow depth could not be more aligned with the Administration’s Executive Order: “Immediate Measures to Increase American Mineral Production” from March 20, 2025,” said Henri van Rooyen, CEO of Talon. “Together with last month’s exceptional 8.25-meter intercept in drill hole 16TK0250, the Tamarack Nickel Copper Project is clearly demonstrating the potential for additional high-grade nickel and copper mineralization beyond the current known resource footprint.”

Figure 2: Plan view of the Tamarack Resource Area, showing the location of the new mixed massive sulphide intercept in drill hole 25TK0561.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2443/248464_91714438b4e9f9d2_003full.jpg

Figure 3: Cross section looking North-Northeast showing location of drill hole 25TK0561 in relation to other drill holes with high-grade nickel-copper mineralization along with the interpreted down dip extension of the CGO East mineralization.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2443/248464_91714438b4e9f9d2_004full.jpg

Geophysical Innovation: Drill hole 25TK0561 targeted a BHEM model that was developed using Provus, a unique 3-D BHEM software package developed by Novaminex, in partnership with Talon (see Figure 4). A follow-up BHEM survey has been conducted, and Talon is reviewing the area to determine if any other historical holes should be extended to look for additional mineralization at depth.

Brian Bengert, VP of Geophysics, stated: “The Novaminex Provus EM modelling software is changing our understanding of complex conductivity structures that are the focus of major nickel massive sulphide deposits. While industry standard EM modelling should only be applied to a single borehole at a time, Provus can model entire conductive systems from multiple holes simultaneously. In this case, we were able to model a complicated electromagnetic conductor that was winding its way between our boreholes beneath the CGO East mineralization. This was not apparent in the individual plate models of traditional modelling and the target yielded some great results.”

Figure 4: View of the Provus BHEM model that combines surveys from multiple drill holes into a single ribbon model, better fitting the BHEM response with a conductive system rather than the industry standard of modelling plates to individual drill holes.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2443/248464_91714438b4e9f9d2_005full.jpg

Lundin Earn-in Agreement Update

Talon and Lundin Mining Corporation (“Lundin Mining“) have extended the exclusivity period until April 30, 2025, as the parties continue to work on the earn-in and related agreements pursuant to which Lundin Mining may acquire up to a 70% ownership interest in the Boulderdash and Roland exploration targets, which are in close proximity to Lundin Mining’s Eagle Mine and encompass approximately 33,000 acres of minerals rights out of Talon’s over 400,000 acre mineral package in Michigan (see the Company’s press release from March 5, 2025 for further information).

QUALITY ASSURANCE, QUALITY CONTROL AND QUALIFIED PERSONS

Please see the technical report entitled “November 2022 National Instrument 43-101 Technical Report of the Tamarack North Project – Tamarack, Minnesota” with an effective date of November 2, 2022 (“November 2022 Technical Report“) prepared by independent “Qualified Persons” (as that term is defined in National Instrument 43-101 (“NI 43-101“)) Brian Thomas (P. Geo), Roger Jackson (P. Geo), Oliver Peters (P. Eng) and Christine Pint (P.G) for information on the QA/QC, data verification, analytical and testing procedures at the Tamarack Nickel Copper Project. Copies are available on the Company’s website (www.talonmetals.com) or on SEDAR+ at (www.sedarplus.ca). The laboratory used is ALS Minerals who is independent of the Company.

Lengths are drill intersections and not necessarily true widths. True widths cannot be consistently calculated for comparison purposes between holes because of the irregular shapes of the mineralized zones. Drill intersections have been independently selected by Talon. Drill composites have been independently calculated by Talon. The geological interpretations in this news release are solely those of the Company. The locations and distances highlighted on all maps in this news release are approximate.

Dr. Etienne Dinel, Vice President, Geology of Talon, is a Qualified Person within the meaning of NI 43-101. Dr. Dinel is satisfied that the analytical and testing procedures used are standard industry operating procedures and methodologies, and he has reviewed, approved and verified the technical information disclosed in this news release, including sampling, analytical and test data underlying the technical information.

Where used in this news release:

NiEq% = Ni% + Cu% x $3.75/$9.50 x Cu Recovery/Ni Recovery + Co% x $25.00/$9.50 x Co Recovery/Ni Recovery + Pt [g/t]/31.103 x $1,000/$9.50/22.04 x Pt Recovery/Ni Recovery + Pd [g/t]/31.103 x $1,000/$9.50/22.04 x Pd Recovery/Ni Recovery + Au [g/t]/31.103 x $1,400/$9.50/22.04 x Au Recovery/Ni Recovery

CuEq% = Cu%+ Ni% x $9.50/$3.75 + Co% x $25.00/$3. + Pt [g/t]/31.103 x $1,000/$3.75/22.04 + Pd [g/t]/31.103 x $1,000/$3.75/22.04 + Au [g/t]/31.103 x $1,400/$3.75/22.04

For Ni and Cu recoveries, please refer to the formulae in the November 2022 Technical Report. Recovery of Ni to the Cu concentrate was excluded from the NiEq calculation. The following recoveries were used for the other metals: 64.1% for Co, 82.5% for Pt, 69.3% for Pd and 72.6% for Au.

ABOUT TALON

Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. Talon’s shares are also traded in the US over the OTC market under the symbol TLOFF. The Tamarack Nickel Project comprises a large land position (18km of strike length) with additional high-grade intercepts outside the current resource area. Talon has an earn-in right to acquire up to 60% of the Tamarack Nickel Project and currently owns 51%. Talon is focused on (i) expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators, and (ii) following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex. Talon has a neutrality and workforce development agreement in place with the United Steelworkers union. Talon’s Battery Mineral Processing Facility in Mercer County was selected by the US Department of Energy for US$114.8 million funding grant from the Bipartisan Infrastructure Law and the US Department of Defense awarded Talon a grant of US$20.6 million to support and accelerate Talon’s exploration efforts in both Minnesota and Michigan. Talon has well-qualified experienced exploration, mine development, external affairs and mine permitting teams.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements”. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Such forward-looking statements include statements relating to future exploration work, including future drill results and assays, geologic and geophysical interpretations, potential tonnage for a future potential mine, and whether Talon will enter into the earn-in and related agreements with Lundin Mining. Forward-looking statements are subject to significant risks and uncertainties and other factors that could cause the actual results to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company.

Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Table 1: Collar Locations of Drill Holes not Previously Disclosed

 
Collar coordinates are UTM Zone 15N, NAD83.
Azimuths and dips are taken from the survey record at collar unless otherwise noted.

Table 2: Quick Lithology Log

Quick lithology log of drill holes: Overburden (OB) Meta-sedimentary rocks (SED); Coarse-grained Orthocumulate (CGO); Fine-grained Orthocumulate/ Mixed Zone (FGO/MZNO); Gabbro (GAB); Massive and mixed sulphide (MMS/MSU).

Table 3: Assay Table for Drill Hole 24TK0507

Length refers to drill hole length and not True Width.
True Width is unknown at the time of publication.
All samples were analysed by ALS Minerals. Nickel, copper, and cobalt grades were first analysed by a 4-acid digestion and ICP AES (ME-MS61). Grades reporting greater than 0.25% Ni and/or 0.1% Cu, using ME-MS61, trigger a sodium peroxide fusion with ICP-AES finish (ICP81). Platinum, palladium, and gold are initially analyzed by a 50g fire assay with an ICP-MS finish (PGM-MS24). Any samples reporting >1g/t Pt or Pd trigger an over-limit analysis by ICP-AES finish (PGM-ICP27) and any samples reporting >1g/t Au trigger an over-limit analysis by AAS (Au-AA26).
For Ni and Cu recoveries, please refer to the formulae in the November 2022 Technical Report. Recovery of Ni to the Cu concentrate was excluded from the NiEq calculation.
The following recoveries were used for the other metals: 64.1% for Co, 82.5% for Pt, 69.3% for Pd and 72.6% for Au.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248464

EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 81 th Emerging Growth Conference on April 16 & 17, 2025.

The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth.

Register for the Conference here.

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Day 1
April 16, 2025

9:00
Virtual Lobby opens.
Register for the Conference. If you already registered, go back to the registration link and click “Already registered” and enter your email.

9:20
Introduction

9:25 – 9:35
Empire Energy (ASX: EEG)
Keynote speaker: Alex Underwood, CEO & Managing Director

9:40 – 10:10
PSQ Holdings, INc. (NYSE: PSQH)
Keynote speaker: Michael Seifert, Founder, President / CEO

10:50 – 11:20
Ur-Energy (NYSE American: URG) (TSX: URE)
Keynote speaker: John W. Cash, CEO

11:25 – 11:55
Interstellar Communication Holdings
Keynote speakers: Seda Hewitt, Space Ambassador of IcMercury Harri Laitinen, Lifeguard of IcMercury, and Lijie Zhu, Captain of icMercury

12:00 – 12:30
U.S. Energy Corporation (NASDAQ: USEG)
Keynote speaker: Ryan Smith, President, CEO & Director

12:35 – 1:05
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX)
Keynote speaker: Mark D. Gordon, Chairman & CEO

1:10 – 1:40
Nova Minerals Limited (NASDAQ: NVA) (ASX: NVA)
Keynote speaker: Christopher Gerteisen – CEO & Executive Director

1:45 – 2:15
C3 Metals Inc. (TSXV: CCCM) (OTCQB: CUAUF)
Keynote speaker: Daniel A. Symons, President, CEO & Director

2:20 – 2:50
Ucore Rare Metals, Inc. (OTCQX: UURAF) (TSXV: UCU)
Keynote speakers: Pat Ryan, CEO

2:55 – 3:05
Eloro Resources, Ltd. (OTCQX: ELRRF) (TSX: ELO)
Keynote speakers: Chris Holden – VP Corporate Development

3:10 – 3:20
Opawica Explorations Inc. (OTCQB: OPWEF) (TSXV: OPW)
Keynote speaker: Blake Morgan, President / CEO

3:25 – 3:35
HydroGraph Clean Power Inc. (OTCQB: HGRAF) (CSE: HG)
Keynote speaker: Kjirstin Breure, President and CEO

Postponed
GeoVax Labs, Inc. (NASDAQ: GOVX)
Keynote speakers: David Dodd, Chairman, President / CEO

_______________________________________________________________

Day 2
April 17, 2025

8:45
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9:00
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9:05 – 9:35
SBC Medical Group Holdings, Inc. (NASDAQ: SBC)
Keynote speaker: Yuya Yoshida, Executive Vice President & CFO

10:50 – 11:20
Evofem Biosciences, Inc. (OTCQB: EVFM)
Keynote speaker: Amy Raskopf, Chief Business Development Officer

11:25 – 11:55
Bioxytran, Inc. (OTCQB: BIXT)
Keynote speakers: Dr. David Platt, CEO & Mike Sheikh, Executive Vice President Business Development

12:00 – 12:30
Clene Inc., (NASDAQ: CLNN)
Keynote speakers: Rob Etherington, President / CEO

12:35 – 1:05
Aspire Biopharma Holdings, Inc. (NASDAQ: ASBP)
Keynote speakers: Kraig Higginson – CEO

1:10 – 1:40
Regen BioPharma Inc. (OTC Pink: RGBP)
Keynote speakers: David Koos, President / CEO, & Harry M. Lander, Ph.D. Senior Scientific Consultant

1:45 – 2:15
Banzai International, Inc. (NASDAQ: BNZI)
Keynote speaker: Joseph Davy, Co-Founder, Chairman & CEO

2:55 – 3:05
Citizens, Inc. (NYSE: CIA)
Keynote speakers: Jon Stenberg, President / CEO, and Jeff Conklin, CFO

3:10 – 3:20
Sono Group N.V. (OTCQB: SEVCF)
Keynote speaker: George O’Leary, Managing Director, CEO and CFO

Postponed
22nd Century Group, Inc. (NASDAQ: XXII)
Keynote speaker: Lawrence D. Firestone, Chairman & CEO

3:40 – 3:50
Alt Equity
Keynote speaker: Daniel Wait, President / Founder

3:55 – 4:05
Cyios Corp. (OTC Pink: CYIO)
Keynote speaker: John O’Shea, Chairman

4:10 – 4:20
Beneficient (NASDAQ: BENF)
Keynote speaker: Brad K. Heppner, CEO

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The Emerging Growth Conference is an effective way for public companies to engage with the investment community regarding their Company, new products, services and other major announcements from anywhere, in an effective and time efficient manner.

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