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		<title>Cambria Gold Mines Reports Grades as High as 19.82 g/t Au over 5 Meters From Premier Mine Infill Drilling</title>
		<link>https://capital10x.com/cambria-gold-mines-reports-grades-as-high-as-19-82-g-t-au-over-5-meters-from-premier-mine-infill-drilling/</link>
					<comments>https://capital10x.com/cambria-gold-mines-reports-grades-as-high-as-19-82-g-t-au-over-5-meters-from-premier-mine-infill-drilling/#respond</comments>
		
		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Tue, 09 Jun 2026 14:40:38 +0000</pubDate>
				<category><![CDATA[RESEARCH UPDATES]]></category>
		<category><![CDATA[Cambria Gold Mines Inc.]]></category>
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		<category><![CDATA[TSXV: CAMB]]></category>
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					<description><![CDATA[<p>Cambria Gold Mines Inc. (TSXV: CAMB) (OTCQX: CAMVF) announced the first results from the underground infill program at the Prew Zone and additional surface drilling results from the 602 Zone at the Premier Gold Project (&#8220;PGP&#8220;), located in northwestern British Columbia. Two underground and one surface drills are currently active on site. Results from a [&#8230;]</p>
<p>The post <a href="https://capital10x.com/cambria-gold-mines-reports-grades-as-high-as-19-82-g-t-au-over-5-meters-from-premier-mine-infill-drilling/">Cambria Gold Mines Reports Grades as High as 19.82 g/t Au over 5 Meters From Premier Mine Infill Drilling</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
]]></description>
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<p class="wp-block-paragraph"><strong>Cambria Gold Mines Inc. (TSXV: CAMB) (OTCQX: CAMVF)</strong> announced the first results from the underground infill program at the Prew Zone and additional surface drilling results from the 602 Zone at the Premier Gold Project (&#8220;<strong>PGP</strong>&#8220;), located in northwestern British Columbia. Two underground and one surface drills are currently active on site. Results from a total of 15 underground drillholes and nine surface drillholes are reported herein, with results including:</p>



<ul class="wp-block-list">
<li>19.82 g/t Au over 5.0 m (incl. 45.88g/t Au over 2.0 m) in hole P26U-0003 at Prew Zone</li>



<li>14.96 g/t Au over 6.3 m (incl. 24.50 g/t Au over 3.0m) in hole P26U-0007 at Prew Zone</li>



<li>11.38 g/t Au over 7.0 m (incl. 26.56 g/t Au over 2.9 m) in hole P26U-0008 at Prew Zone</li>



<li>7.24 g/t Au over 9.0 m (incl. 12.93g/t Au over 3.0 m) in hole P26U-0016 at Prew Zone</li>



<li>483.0 g/t Au over 1.0 m in hole P26U-0011 at Prew Zone</li>



<li>9.82 g/t Au over 12.2 m (incl. 15.62 g/t Au over 4.0 m) in hole P26-2694 at 602 Zone</li>
</ul>



<p class="wp-block-paragraph"><em>&#8220;These results are demonstrating the continuity of gold grade and host structure at the Prew and 602 Zones, located down-dip from the famous Premier Gold Mine,&#8221;&nbsp;</em>said Robert McLeod, President and CEO of Cambria Gold Mines.<em>&nbsp;&#8220;We will continue to infill the Premier deposit over the coming weeks before targeting the Big Missouri and Silver Coin Deposits located further north of the Premier mine and mill.&#8221;</em></p>



<p class="wp-block-paragraph">Drilling at the Premier-Northern Lights Deposit, (&#8220;<strong>PNL</strong>&#8220;) Prew Zone in 2026 has been planned as closely-spaced delineation drillholes on average 12.5m centres from underground platforms to support development planning as the Company works toward a potential restart of operations. Cambria is of the opinion that the previous surface drilling at 25m average spacing was too wide to allow for accurate modelling of mineralized zones. This was likely a significant contributor to the difficulties encountered when the Premier Project was in operation, previously under Ascot Resources Ltd.&#8217;s prior management team.</p>



<p class="wp-block-paragraph">Results from the ongoing 2026 infill program have been positive, with continuity of mineralization defined, especially within a primary quartz-breccia sulfide domain traceable in previous drilling and the underground workings (See Figure 3). High-grade gold mineralization was encountered in this domain at the &#8220;310 Face&#8221; by the last underground development round blasted in 2025, prior to the mine being placed on care and maintenance.</p>



<p class="wp-block-paragraph">Mineralization at the Prew Zone consists of quartz-breccia with infilling sulfide mineralization, and in some cases includes visible gold. Close drill spacing is also proving effective in the modelling of post mineral faults which offset and affect the orientation of mineralized zones in the Prew Zone.</p>



<p class="wp-block-paragraph">In addition to the underground drilling at Prew, results from an additional nine completed drillholes were received from the 602 Zone of the PNL deposit. These infill holes were drilled from surface due to limited underground access options. The 602 Zone mineralization consists of similar quartz-sulfide cemented breccias and veins to that seen at Prew and could be accessed in the future with additional underground development.</p>



<p class="wp-block-paragraph">Cambria anticipates the underground drill program at Prew Zone to continue into early Q3 2026. Surface drilling is planned to transition to the Silver Coin and Big Missouri deposits in early July 2026 when summer access opens. The Company intends to complete a total of 27,000m of infill development drilling this year across the Premier Project deposits.</p>



<h4 class="wp-block-heading"><strong>Figure 1: Plan map of Premier-Northern Lights (PNL) deposit showing 2026 target zones</strong></h4>



<figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1024" height="1024" src="https://capital10x.com/wp-content/uploads/2026/06/image-5-1024x1024.png" alt="" class="wp-image-34358" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-5-1024x1024.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-5-300x300.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-5-150x150.png 150w, https://capital10x.com/wp-content/uploads/2026/06/image-5-768x768.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-5.png 1125w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4 class="wp-block-heading"><strong>Figure 2: Plan map showing Prew Zone underground drill plan including assays received, drilled holes with assays pending, and ongoing drilling areas</strong></h4>



<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="1024" src="https://capital10x.com/wp-content/uploads/2026/06/image-6-1024x1024.png" alt="" class="wp-image-34359" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-6-1024x1024.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-6-300x300.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-6-150x150.png 150w, https://capital10x.com/wp-content/uploads/2026/06/image-6-768x768.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-6.png 1125w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4 class="wp-block-heading"><strong>Figure 3: Cross section of Prew Zone infill drilling showing new reported drill results</strong></h4>



<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="576" src="https://capital10x.com/wp-content/uploads/2026/06/image-7-1024x576.png" alt="" class="wp-image-34360" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-7-1024x576.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-7-300x169.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-7-768x432.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-7-1536x864.png 1536w, https://capital10x.com/wp-content/uploads/2026/06/image-7.png 2000w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4 class="wp-block-heading"><strong>Figure 4: Visible gold intersection in hole P26U-0011 at 20 metres downhole depth</strong></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="684" src="https://capital10x.com/wp-content/uploads/2026/06/image-8-1024x684.png" alt="" class="wp-image-34361" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-8-1024x684.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-8-300x201.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-8-768x513.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-8.png 1170w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4 class="wp-block-heading"><strong>Figure 5: Long Section of 602 Zone showing new and previously reported 2026 drill results (See April 21, 2026 Cambria Gold News Release for previously reported 2026 results)</strong></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://capital10x.com/wp-content/uploads/2026/06/image-9-1024x576.png" alt="" class="wp-image-34362" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-9-1024x576.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-9-300x169.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-9-768x432.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-9-1536x864.png 1536w, https://capital10x.com/wp-content/uploads/2026/06/image-9.png 2000w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4 class="wp-block-heading"><strong>Table 1: Drill Results &#8211; Significant Intersections:</strong></h4>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td><strong>holeid</strong></td><td><strong>from&nbsp;<br>(m)</strong></td><td><strong>to<br>(m)</strong></td><td><strong>Interval&nbsp;<br>(m)</strong></td><td><strong>Au&nbsp;<br>(ppm)</strong></td><td><strong>Ag&nbsp;<br>(ppm)</strong></td><td><strong>Zn&nbsp;<br>(ppm)</strong></td><td><strong>Pb&nbsp;<br>(ppm)</strong></td><td><strong>ETW</strong><sup><strong>1</strong></sup></td><td><strong>Including (&gt;10g/t)</strong></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td colspan="4"><strong>Prew Zone Underground Drilling</strong></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td><strong>P26U-0001</strong></td><td><strong>0</strong></td><td><strong>7.7</strong></td><td><strong>7.7</strong></td><td><strong>5.28</strong></td><td><strong>6.6</strong></td><td><strong>4578</strong></td><td><strong>2150</strong></td><td><strong>94%</strong></td><td><strong>10.38 g/t Au over 3.5 m</strong></td></tr><tr><td><strong>P26U-0002</strong></td><td><strong>0</strong></td><td><strong>6.5</strong></td><td><strong>6.5</strong></td><td><strong>7.31</strong></td><td><strong>10.6</strong></td><td><strong>5272</strong></td><td><strong>3271</strong></td><td><strong>74%</strong></td><td><strong>11.16 g/t Au over 4.0 m</strong></td></tr><tr><td>P26U-0002</td><td>11</td><td>19</td><td>8.0</td><td>1.97</td><td>3.3</td><td>2739</td><td>1329</td><td>73%</td><td></td></tr><tr><td><strong>P26U-0003</strong></td><td><strong>0</strong></td><td><strong>5</strong></td><td><strong>5.0</strong></td><td><strong>19.82</strong></td><td><strong>12.1</strong></td><td><strong>8165</strong></td><td><strong>4167</strong></td><td><strong>43%</strong></td><td><strong>45.88 g/t Au over 2.0 m</strong></td></tr><tr><td><strong>P26U-0004</strong></td><td><strong>12.7</strong></td><td><strong>21</strong></td><td><strong>8.4</strong></td><td><strong>5.21</strong></td><td><strong>7.5</strong></td><td><strong>4486</strong></td><td><strong>2511</strong></td><td><strong>98%</strong></td><td><strong>14.72 g/t Au over 2.4 m</strong></td></tr><tr><td>P26U-0004</td><td>24.4</td><td>30</td><td>5.6</td><td>1.98</td><td>4.5</td><td>1597</td><td>1053</td><td>98%</td><td></td></tr><tr><td>P26U-0005</td><td>7</td><td>8.5</td><td>1.5</td><td>20.09</td><td>28.8</td><td>12507</td><td>4843</td><td>98%</td><td></td></tr><tr><td>P26U-0006</td><td>8</td><td>11</td><td>3.1</td><td>9.33</td><td>17.3</td><td>11329</td><td>4985</td><td>90%</td><td></td></tr><tr><td>P26U-0006</td><td>17</td><td>21</td><td>4.0</td><td>3.42</td><td>5.2</td><td>2224</td><td>738</td><td>90%</td><td></td></tr><tr><td><strong>P26U-0007</strong></td><td><strong>20.8</strong></td><td><strong>27</strong></td><td><strong>6.3</strong></td><td><strong>14.96</strong></td><td><strong>16.5</strong></td><td><strong>15689</strong></td><td><strong>6737</strong></td><td><strong>96%</strong></td><td><strong>24.5 g/t Au over 3.0 m</strong></td></tr><tr><td><strong>P26U-0008</strong></td><td><strong>22</strong></td><td><strong>29</strong></td><td><strong>7.0</strong></td><td><strong>11.38</strong></td><td><strong>16.1</strong></td><td><strong>9215</strong></td><td><strong>4571</strong></td><td><strong>87%</strong></td><td><strong>26.56 g/t Au over 2.87 m</strong></td></tr><tr><td><strong>P26U-0010</strong></td><td><strong>40.8</strong></td><td><strong>46.5</strong></td><td><strong>5.7</strong></td><td><strong>10.01</strong></td><td><strong>7</strong></td><td><strong>1316</strong></td><td><strong>1040</strong></td><td><strong>75%</strong></td><td><strong>44.7 g/t Au over 1.0 m</strong></td></tr><tr><td><strong>P26U-0011</strong></td><td><strong>20</strong></td><td><strong>21</strong></td><td><strong>1.0</strong></td><td><strong>483.00</strong></td><td><strong>117</strong></td><td><strong>247</strong></td><td><strong>213</strong></td><td><strong>97%</strong></td><td></td></tr><tr><td>P26U-0011</td><td>27</td><td>35</td><td>8.0</td><td>1.94</td><td>5.1</td><td>2244</td><td>1440</td><td>97%</td><td></td></tr><tr><td>P26U-0011</td><td>37</td><td>38</td><td>1.0</td><td>12.25</td><td>1.6</td><td>1045</td><td>308</td><td>97%</td><td></td></tr><tr><td>P26U-0011</td><td>43.5</td><td>54</td><td>10.5</td><td>1.30</td><td>3.8</td><td>1886</td><td>936</td><td>97%</td><td></td></tr><tr><td>P26U-0012</td><td>27</td><td>33</td><td>6.0</td><td>6.37</td><td>14.3</td><td>4682</td><td>3533</td><td>96%</td><td></td></tr><tr><td>P26U-0013</td><td>3.6</td><td>12</td><td>8.4</td><td>4.67</td><td>8.8</td><td>2405</td><td>2476</td><td>82%</td><td></td></tr><tr><td>P26U-0013</td><td>34</td><td>39.5</td><td>5.5</td><td>3.54</td><td>14.9</td><td>11133</td><td>5063</td><td>82%</td><td></td></tr><tr><td><strong>P26U-0016</strong></td><td><strong>38</strong></td><td><strong>47</strong></td><td><strong>9.0</strong></td><td><strong>7.24</strong></td><td><strong>13.2</strong></td><td><strong>7504</strong></td><td><strong>3350</strong></td><td><strong>74%</strong></td><td><strong>12.93 g/t Au over 3.0 m</strong></td></tr><tr><td><strong>P26U-0053</strong></td><td><strong>28.6</strong></td><td><strong>34</strong></td><td><strong>5.4</strong></td><td><strong>16.05</strong></td><td><strong>13.1</strong></td><td><strong>1363</strong></td><td><strong>708</strong></td><td><strong>99%</strong></td><td><strong>82.30 g/t Au over 1.0 m</strong></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td colspan="3"><strong>602 Zone Surface Drilling</strong></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>P26-2691</td><td>340</td><td>348</td><td>7.6</td><td>2.79</td><td>14</td><td>30301</td><td>873</td><td>91%</td><td></td></tr><tr><td>P26-2692</td><td>336</td><td>338</td><td>2.0</td><td>5.86</td><td>779.3</td><td>12736</td><td>2370</td><td>87%</td><td></td></tr><tr><td>P26-2693</td><td>307</td><td>309</td><td>2.0</td><td>7.65</td><td>16.6</td><td>23185</td><td>6430</td><td>99%</td><td></td></tr><tr><td>P26-2693</td><td>318</td><td>319</td><td>1.0</td><td>38.10</td><td>15.2</td><td>4080</td><td>1160</td><td>99%</td><td></td></tr><tr><td><strong>P26-2694</strong></td><td><strong>307</strong></td><td><strong>319.2</strong></td><td><strong>12.2</strong></td><td><strong>9.82</strong></td><td><strong>23</strong></td><td><strong>9841</strong></td><td><strong>8718</strong></td><td><strong>97%</strong></td><td><strong>15.62 g/t Au over 4.0 m</strong></td></tr><tr><td>P26-2694</td><td>326</td><td>331.8</td><td>5.8</td><td>2.39</td><td>24.9</td><td>32171</td><td>3923</td><td>97%</td><td></td></tr><tr><td>P26-2695A</td><td>342</td><td>349</td><td>7.3</td><td>2.15</td><td>50.4</td><td>11326</td><td>5338</td><td>83%</td><td></td></tr><tr><td>P26-2697</td><td>317</td><td>318</td><td>1.0</td><td>25.50</td><td>25.4</td><td>2720</td><td>888</td><td>99%</td><td></td></tr></tbody></table></figure>



<p class="wp-block-paragraph"><em>1 &#8211; ETW = Estimated True Width. All reported intervals are down-hole lengths, with true width estimates ranging from 43-99% of the reported interval. True widths are estimated based on the angle of the drill hole with the interpreted trend of the mineralized zones.</em></p>



<p class="wp-block-paragraph"><strong>Composite Calculations for Significant Intersections</strong></p>



<p class="wp-block-paragraph"><em>Composites for significant intersections were calculated using a 1g/t gold (Au) cut off grade and maximum 3m internal waste. &#8220;Including&#8221; results are reported at a 10g/t Au cut off grade with maximum 3m internal waste.</em></p>



<h4 class="wp-block-heading"><strong>Table 2: Drill Collar Locations and Hole Orientations</strong></h4>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td><strong>Hole ID</strong></td><td><strong>UTM East&nbsp;<br>(m)</strong></td><td><strong>UTM North&nbsp;<br>(m)</strong></td><td><strong>Elevation<br>(masl)</strong></td><td><strong>Total<br>Depth (m)</strong></td><td><strong>Azimuth</strong></td><td><strong>Dip</strong></td><td><strong>Comments</strong></td></tr><tr><td>P26U-0001</td><td>437209</td><td>6213040</td><td>318</td><td>64</td><td>134.6</td><td>35.7</td><td></td></tr><tr><td>P26U-0002</td><td>437209</td><td>6213040</td><td>318</td><td>85</td><td>134.5</td><td>12.5</td><td></td></tr><tr><td>P26U-0003</td><td>437209</td><td>6213040</td><td>319</td><td>37</td><td>137.1</td><td>-9.2</td><td></td></tr><tr><td>P26U-0004</td><td>437197</td><td>6213050</td><td>316</td><td>47</td><td>135.2</td><td>45.6</td><td></td></tr><tr><td>P26U-0005</td><td>437196</td><td>6213050</td><td>316</td><td>50</td><td>133.7</td><td>65.5</td><td></td></tr><tr><td>P26U-0006</td><td>437196</td><td>6213051</td><td>316</td><td>52</td><td>135.4</td><td>79.1</td><td></td></tr><tr><td>P26U-0007</td><td>437181</td><td>6213064</td><td>316</td><td>61</td><td>135.3</td><td>70.2</td><td></td></tr><tr><td>P26U-0008</td><td>437180</td><td>6213065</td><td>316</td><td>65</td><td>131.2</td><td>83.7</td><td></td></tr><tr><td>P26U-0009</td><td>437172</td><td>6213067</td><td>319</td><td>50</td><td>146.4</td><td>1.1</td><td></td></tr><tr><td>P26U-0010</td><td>437172</td><td>6213067</td><td>318</td><td>51</td><td>146.3</td><td>15.8</td><td></td></tr><tr><td>P26U-0011</td><td>437172</td><td>6213068</td><td>317</td><td>55</td><td>146.0</td><td>50.4</td><td></td></tr><tr><td>P26U-0012</td><td>437172</td><td>6213068</td><td>317</td><td>61</td><td>146.2</td><td>63.6</td><td></td></tr><tr><td>P26U-0013</td><td>437171</td><td>6213069</td><td>317</td><td>61</td><td>72.6</td><td>88.6</td><td></td></tr><tr><td>P26U-0053</td><td>437249</td><td>6213068</td><td>331</td><td>69</td><td>130.8</td><td>59.8</td><td></td></tr><tr><td>P26U-0054</td><td>437249</td><td>6213068</td><td>331</td><td>69</td><td>135.4</td><td>73.5</td><td></td></tr><tr><td>P26-2691</td><td>436601</td><td>6212783</td><td>442</td><td>365</td><td>205.3</td><td>65.9</td><td></td></tr><tr><td>P26-2691a</td><td>436601</td><td>6212783</td><td>442</td><td>23</td><td>205.4</td><td>65.7</td><td>Hole Abandoned</td></tr><tr><td>P26-2692</td><td>436601</td><td>6212782</td><td>442</td><td>385</td><td>205.2</td><td>46.4</td><td></td></tr><tr><td>P26-2693</td><td>436601</td><td>6212783</td><td>445</td><td>365</td><td>177.2</td><td>61.2</td><td></td></tr><tr><td>P26-2694</td><td>436601</td><td>6212783</td><td>445</td><td>350</td><td>182.1</td><td>61.5</td><td></td></tr><tr><td>P26-2695</td><td>436600</td><td>6212784</td><td>442</td><td>131</td><td>220.8</td><td>64.9</td><td>Hole Abandoned</td></tr><tr><td>P26-2695A</td><td>436600</td><td>6212784</td><td>442</td><td>377</td><td>220.8</td><td>64.9</td><td></td></tr><tr><td>P26-2696</td><td>436597</td><td>6212784</td><td>445</td><td>407</td><td>225.9</td><td>63.6</td><td></td></tr><tr><td>P26-2697</td><td>436605</td><td>6212784</td><td>445</td><td>365</td><td>242.4</td><td>61.0</td><td></td></tr><tr><td>P26-2698</td><td>436792</td><td>6213025</td><td>449</td><td>250</td><td>250.2</td><td>55.5</td><td></td></tr><tr><td>P26-2699</td><td>436792</td><td>6213025</td><td>449</td><td>245</td><td>251.2</td><td>49.6</td><td></td></tr></tbody></table></figure>



<h3 class="wp-block-heading"><strong>Quality Assurance/Quality Control and Sample Preparation</strong></h3>



<p class="wp-block-paragraph">The Company maintains a rigorous sampling and QA/QC procedure for the 2026 drill program. Core samples are prepared at the ALS preparation lab in Terrace, BC. The samples are dried and then crushed to specifications of 70% passing 2mm. Crushed samples are riffle split to 1000g and pulverized to 85% passing 75µm.</p>



<p class="wp-block-paragraph">Analytical work for all results is completed by ALS Canada Ltd. which maintains an internal quality assurance and quality control (QAQC) program and is ISO:17025 certified for the analytical methods used in this release. Pulp splits are sent directly from the Terrace preparation facility to the ALS Canada Ltd. geochemistry laboratory facility in North Vancouver for analysis. Each sample is analyzed for gold by conventional 50g fire assay with atomic absorption finish (Au-AA26) and multielement analysis by four-acid digest with an ICP finish (ME-ICP61).</p>



<p class="wp-block-paragraph">Samples over 100ppm gold are re-analyzed by an overlimit 50g fire assay with a gravimetric finish (Au-GRA22). Samples over 100ppm silver are re-analyzed with an ore grade method (ME-OG62) which is a four-acid digest method followed by an ICP-AES finish (up to 1,500ppm). Samples over 1,500ppm silver trigger the overlimit silver fire assay method (Ag-GRA21) which uses a 30g aliquot and gravimetric finish. Sampling and storage activities are conducted at the Company&#8217;s secure facility in Stewart, British Columbia.</p>



<p class="wp-block-paragraph">The Company maintains a QAQC program that includes the submission and review of coarse blank materials to monitor contamination and certified reference materials to assess analytical accuracy. Core duplicates, crush duplicates and pulp duplicates are used to infer sampling precision and nugget effect.</p>



<h3 class="wp-block-heading"><strong>Qualified Person and Technical Information:</strong></h3>



<p class="wp-block-paragraph">The scientific and technical information within this news release was reviewed and approved by Blaine Smit, P.Geo. Vice President Exploration for Cambria Gold Mines Inc. Mr. Smit is a &#8220;Qualified Person&#8221; as defined under National Instrument 43-101. To verify the information related to this news release, Mr. Smit visited the 2026 drilling operations to review and discuss logging, sampling, and shipping procedures with responsible site staff, and reviewed and discussed assay and QA/QC results with responsible company personnel.</p>



<p class="wp-block-paragraph"></p>
<p>The post <a href="https://capital10x.com/cambria-gold-mines-reports-grades-as-high-as-19-82-g-t-au-over-5-meters-from-premier-mine-infill-drilling/">Cambria Gold Mines Reports Grades as High as 19.82 g/t Au over 5 Meters From Premier Mine Infill Drilling</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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		<title>West Point Gold Intersects 19.7m of 9.06 g/t Au and 35.7m of 3.2 g/t Au, Improving Confidence at NE Tyro</title>
		<link>https://capital10x.com/west-point-gold-intersects-19-7m-of-9-06-g-t-au-and-35-7m-of-3-2-g-t-au-improving-confidence-at-ne-tyro/</link>
					<comments>https://capital10x.com/west-point-gold-intersects-19-7m-of-9-06-g-t-au-and-35-7m-of-3-2-g-t-au-improving-confidence-at-ne-tyro/#respond</comments>
		
		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Tue, 09 Jun 2026 13:53:25 +0000</pubDate>
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					<description><![CDATA[<p>West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0) announced drill results from the high-grade zone at Northeast (NE) Tyro, part of the recently completed drill program at its flagship Gold Chain Project in Arizona. The two holes reported herein, GC26-134 and GC26-137, further confirm and validate the high-grade discoveries made via reverse circulation [&#8230;]</p>
<p>The post <a href="https://capital10x.com/west-point-gold-intersects-19-7m-of-9-06-g-t-au-and-35-7m-of-3-2-g-t-au-improving-confidence-at-ne-tyro/">West Point Gold Intersects 19.7m of 9.06 g/t Au and 35.7m of 3.2 g/t Au, Improving Confidence at NE Tyro</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0)</strong> announced drill results from the high-grade zone at Northeast (NE) Tyro, part of the recently completed drill program at its flagship Gold Chain Project in Arizona. The two holes reported herein, GC26-134 and GC26-137, further confirm and validate the high-grade discoveries made via reverse circulation drilling (&#8220;RC&#8221;) at the NE Tyro Zone in drill core. </p>



<p class="wp-block-paragraph">The highlight intervals of 9.06 grams per tonne (&#8220;g/t&#8221;) gold (&#8220;Au&#8221;) over 19.7 metres (&#8220;m&#8221;) and 3.2 g/t Au over 35.7m are in line with or exceed many prior results and continue to showcase the robust widths and high-grade tenor of the system at NE Tyro.</p>



<p class="wp-block-paragraph">The 2025/2026 drilling campaign, comprising RC (18,683.3m) and core (2,395.7m), has now been completed, with a total of 21,079 m drilled. Approximately 7,025m of assays are pending and will be released over the next couple of months. With this year&#8217;s drilling now complete, the team will focus on integrating the results into the Company&#8217;s maiden mineral resource estimate (&#8220;MRE&#8221;), expected to be released later in 2026.</p>



<h3 class="wp-block-heading"><strong>Highlights:</strong></h3>



<ul class="wp-block-list">
<li>Hole GC26-134 returned 19.7m of 9.06 g/t Au from 95.8 to 115.5m, about 20m above GC25-059 (15.3m of 7.02 g/t Au).</li>



<li>Hole GC26-137 returned 35.7m of 3.2 g/t Au from 53.2 to 88.9m, including 10.2m of 10.23 g/t Au, about 20m above GC25-047 (38.1m of 4.86 g/t Au including 10.7m at 8.64 g/t Au).</li>



<li>The two core holes were drilled across the high-grade zone previously defined by reverse-circulation drilling to provide improved confidence and context for the geologic, geometric, and gold-grade models.</li>
</ul>



<p class="wp-block-paragraph"><em>&#8220;These results continue to highlight the high-grade nature of NE Tyro and the potential of this zone. Importantly, these core holes correlate well with proximal RC holes, providing confidence that the practices used for our RC drilling are producing representative results. With the 21,079m completed in the most recent drill campaign, we are now focused on analyzing the results for both our upcoming maiden resource estimate at Tyro Main and NE Tyro and the planning for our next drill program,&#8221;&nbsp;</em>stated Derek Macpherson, President and CEO.</p>



<h4 class="wp-block-heading"><strong>Table 1: Drill Results</strong></h4>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td><strong>Holes</strong></td><td><strong>From (m)</strong></td><td><strong>To (m)</strong></td><td><strong>Width (m)</strong></td><td><strong>Grade (g/t Au)</strong></td></tr><tr><td>GC26-134</td><td>95.8</td><td>115.5</td><td>19.7</td><td>9.06</td></tr><tr><td>GC26-137</td><td>53.2</td><td>88.9</td><td>35.7</td><td>3.20</td></tr><tr><td>Including</td><td>66.4</td><td>76.6</td><td>10.2</td><td>10.23</td></tr></tbody></table></figure>



<p class="wp-block-paragraph"><strong>Note: All widths shown are downhole; true widths are approximately 90% of downhole widths</strong>.</p>



<h4 class="wp-block-heading"><strong>Figure 1: Plan view of the Main Tyro vein showing geology and drilling conducted in 2021, 2023, 2024, 2025, and 2026. Note the location of Hole Nos. GC26-134 and GC26-137.</strong><a href="https://images.newsfilecorp.com/files/5717/300643_6c28e64ce470696e_002full.jpg" target="_blank" rel="noreferrer noopener"></a></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="977" src="https://capital10x.com/wp-content/uploads/2026/06/image-10-1024x977.png" alt="" class="wp-image-34365" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-10-1024x977.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-10-300x286.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-10-768x733.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-10.png 1354w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4 class="wp-block-heading"><strong>Figure 2. Longitudinal perspective of the Tyro NE zone contoured GT (g/t Au X estimated true thickness). Both Holes GC26-134 and GC26-137 are contained within the GT &gt;100 interval.&nbsp;</strong></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="665" src="https://capital10x.com/wp-content/uploads/2026/06/image-11-1024x665.png" alt="" class="wp-image-34366" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-11-1024x665.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-11-300x195.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-11-768x499.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-11.png 1490w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h3 class="wp-block-heading"><strong>Summary</strong></h3>



<p class="wp-block-paragraph"><br>Both Holes GC26-134 and GC26-137 targeted areas proximal to defined high-grade gold mineralization from previous drilling (Figures 3 and 4). Aside from Hole GC24-034 (Figures 2 and 4), all holes in this area have been RC. To ensure that best practices are being followed and that the RC drilling is producing consistent results, it was deemed important to cross-reference higher-grade portions with core where detailed documentation of recovery, RQD, vein styles, textures, and density occurred. In summary, these two holes support the emerging geologic and grade models generated to date and improve the definition of the high-grade gold mineralization in the NE Tyro zone at the Company&#8217;s Gold Chain project in Arizona. The two holes comprising this release represent 298.4m of the now completed 21,079m drill program.</p>



<p class="wp-block-paragraph">Both holes share several similarities in sectional view (Figures 3 and 4). The NE Tyro vein is a robust, fairly uniform structure that dips to the SE at 70<sup>o</sup>&nbsp;to 75<sup>o</sup>, and ranges in width from 15 to 25 metres. The width of the mineralized package varies relative to the development of quartz veinlets and stockwork in the hanging wall (&#8220;HW&#8221;) and &#8216;outboard&#8217; from the principal quartz vein/breccia at the footwall (&#8220;FW&#8221;). Precambrian granite, along with lenses or &#8216;xenoliths&#8217; of gneiss, schist, and amphibolite, is the host rock. Perhaps most importantly, several intercepts are hosted by or adjacent to fine-grained (aphanitic) felsic dike (Miocene), likely rhyolite, forming quartz-calcite-cemented breccia and stockwork. This spatial coincidence may reflect a preference for the gold-bearing fluids to follow the dikes (more brittle) and/or the contact with the hosting Precambrian (likely broken and faulted). The modeling of these features in the upcoming weeks will provide greater insight into deeper targets.</p>



<p class="wp-block-paragraph">As shown in Figures 2 through 5, both Holes GC26-134 and GC26-137 traverse the vein at about the same elevation (760 &#8211; 790m ASL) or about 100m below the surface. Quartz &gt;&gt; calcite veinlets in propylitized (chlorite + quartz + pyrite) Precambrian rocks define the distal zone of veining and increase with depth from a few percent to 25% with occasional gold values. The main mineralized zone commences with moderate to strong quartz-calcite veinlets, stockwork and breccia giving way to a multi-stage breccia zone up to the FW contact (Figures 5 and 6). Evidence of faulting (Miocene) and shearing in the Precambrian rocks suggest a pre-Tertiary origin for the controlling structures.</p>



<h4 class="wp-block-heading"><strong>Figure 3. Geologic section drawn along GC26-134 showing vein and spatial relation to GC21-013, GC25-087, GC25-059, GC25-086, GC26-161 and GC26-168 and the surface.</strong></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="878" height="1024" src="https://capital10x.com/wp-content/uploads/2026/06/image-12-878x1024.png" alt="" class="wp-image-34367" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-12-878x1024.png 878w, https://capital10x.com/wp-content/uploads/2026/06/image-12-257x300.png 257w, https://capital10x.com/wp-content/uploads/2026/06/image-12-768x896.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-12.png 1200w" sizes="(max-width: 878px) 100vw, 878px" /></figure>



<p class="wp-block-paragraph">Veins and breccia composing the NE Tyro vein are multi-stage and comprised of quartz-chalcedony-calcite (bladed)-adularia with only trace amounts of pyrite (Figures 5 and 6). Surface-related oxidation is minimal and only seen along post-mineral fractures. However, local intervals or breccia fragments of weakly iron-stained bladed calcite and quartz along with fine, quartz-hematite veinlets suggest an event of hydrothermal oxidation. Bladed calcite or &#8220;lattice texture&#8221; has developed in several stages and ranges from delicate bands within crustiform/coliform-banded chalcedony to coarse, angular fragments in late-stage breccia. Native gold (Figure 7) has been observed within minute dendritic growths of a black opaque, perhaps electrum or a sulfosalt. The documentation of these features may prove to be important as the Company evaluates events related to gold deposition at greater depths.</p>



<p class="wp-block-paragraph">Breccia textures are prevalent in these holes and were developed during multiple events. Aside from fault breccia observed at the vein&#8217;s FW contact, the vein package consists of broad intervals of weak (further into the HW) to strong stockwork/breccia composed of fine- (chalcedony) to medium- (sucrosic) to coarsely-crystalline (comb) quartz veins and veinlets with subordinate amounts of calcite dominantly in a bladed habit and native gold (see Figure 7); adularia (?) likely occurs in select bands or vein fragments revealing a tan to light pink coloration. Some breccia masses are &#8216;jigsaw&#8217; in character, suggesting little or no fragment transport. Other breccias are fine-grained, heterolithic, and reveal fluidal or &#8216;streaming&#8217; textures suggesting considerable transport (and energy). The dominance of breccias at the FW portion of the vein complex suggests both recurrent movement and explosive events likely related to deeper fluid boiling and potential gold deposition.</p>



<h4 class="wp-block-heading"><strong>Figure 4. Geologic section drawn along GC26-137 showing vein and spatial relation to GC21-014, GC25-047, GC25-081 and GC26-163 and the surface.</strong></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="737" height="1024" src="https://capital10x.com/wp-content/uploads/2026/06/image-13-737x1024.png" alt="" class="wp-image-34368" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-13-737x1024.png 737w, https://capital10x.com/wp-content/uploads/2026/06/image-13-216x300.png 216w, https://capital10x.com/wp-content/uploads/2026/06/image-13-768x1067.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-13-1106x1536.png 1106w, https://capital10x.com/wp-content/uploads/2026/06/image-13-1475x2048.png 1475w, https://capital10x.com/wp-content/uploads/2026/06/image-13.png 1800w" sizes="(max-width: 737px) 100vw, 737px" /></figure>



<h4 class="wp-block-heading"><strong>Table 2: Drill hole locations and descriptions</strong></h4>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td><strong>Hole No.</strong></td><td><strong>Azimuth (degrees)</strong></td><td><strong>Inclination (degrees)</strong></td><td><strong>Easting</strong></td><td><strong>Northing</strong></td><td><strong>Length (m)</strong></td></tr><tr><td>GC26-134</td><td>300</td><td>-55</td><td>732,386</td><td>3,901,513</td><td>160.0</td></tr><tr><td>GC26-137</td><td>300</td><td>-55</td><td>732,305</td><td>3,901,482</td><td>138.4</td></tr></tbody></table></figure>



<h4 class="wp-block-heading"><strong>Figure 5. Photo GC26-134 showing a portion of the vein and corresponding gold values. Core reveals that the NE Tyro vein is a broad zone of multi-stage veins and breccia hosting a broad array of textures.</strong></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="756" src="https://capital10x.com/wp-content/uploads/2026/06/image-14-1024x756.png" alt="" class="wp-image-34369" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-14-1024x756.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-14-300x221.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-14-768x567.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-14.png 1279w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4 class="wp-block-heading"><strong>Figure 6. Photo GC26-137 showing a portion of the vein and corresponding gold values.</strong></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="749" height="1024" src="https://capital10x.com/wp-content/uploads/2026/06/image-15-749x1024.png" alt="" class="wp-image-34370" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-15-749x1024.png 749w, https://capital10x.com/wp-content/uploads/2026/06/image-15-220x300.png 220w, https://capital10x.com/wp-content/uploads/2026/06/image-15.png 753w" sizes="(max-width: 749px) 100vw, 749px" /></figure>



<h4 class="wp-block-heading"><strong>Figure 7. Photomicrograph (F.O.V. = ~6mm) of native gold within a dendritic growth of electrum and/or sulfosalt; GC26-137, 67.25m. Note bladed texture of quartz pseudomorphs after calcite.</strong></h4>



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="988" height="962" src="https://capital10x.com/wp-content/uploads/2026/06/image-16.png" alt="" class="wp-image-34371" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-16.png 988w, https://capital10x.com/wp-content/uploads/2026/06/image-16-300x292.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-16-768x748.png 768w" sizes="(max-width: 988px) 100vw, 988px" /></figure>



<h3 class="wp-block-heading"><strong>Qualified Person</strong></h3>



<p class="wp-block-paragraph"><br>Robert Johansing, M.Sc. Econ. Geol., P. Geo., the Company&#8217;s Vice President, Exploration, is a qualified person (&#8220;QP&#8221;) as defined by NI 43-101 and has reviewed and approved the technical content of this press release. Mr. Johansing has also been responsible for overseeing all phases of the drilling program, including logging, labelling, bagging and transport from the project to American Assay Laboratories of Sparks, Nevada. Drillholes have a diameter of about 10cm, and samples have an approximate weight of 5 to 10kg. Samples were then dried, crushed and split, and pulp samples were prepared for analysis. Gold was determined by fire assay with an ICP finish, and over-limit samples were determined by fire assay and gravimetric finish. Silver plus 15 other elements were determined by Aqua Regia ICP-AES (IM-2A16), and over-limit samples were determined by fire assay and gravimetric finish. Both certified standards and blanks were inserted on site along with duplicates, standards and blanks inserted by American Assay. The results summarized above have been carefully reviewed with reference to the QA/QC results. Standard sample chain of custody procedures were employed during drilling and sampling campaigns until delivery to the analytical facility.</p>



<h3 class="wp-block-heading"><strong>About West Point Gold Corp.</strong></h3>



<p class="wp-block-paragraph"><br>West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane Trend in Nevada and Arizona, USA, providing shareholders with exposure to multiple discovery opportunities across one of North America&#8217;s most productive gold regions. The Company&#8217;s near-term priority is advancing its flagship Gold Chain Project in Arizona.</p>



<p class="wp-block-paragraph">West Point Gold is a market awareness client of Capital 10X. For more information, including potential conflicts of interest please see our <a href="https://capital10x.com/terms-and-conditions/">Content Disclaimer</a>.</p>
<p>The post <a href="https://capital10x.com/west-point-gold-intersects-19-7m-of-9-06-g-t-au-and-35-7m-of-3-2-g-t-au-improving-confidence-at-ne-tyro/">West Point Gold Intersects 19.7m of 9.06 g/t Au and 35.7m of 3.2 g/t Au, Improving Confidence at NE Tyro</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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		<title>Anfield Energy Begins Refurbishment Work at Shootaring Canyon Uranium Mill On Path to 2027 Restart.</title>
		<link>https://capital10x.com/anfield-energy-begins-refurbishment-work-at-shootaring-canyon-uranium-mill-on-path-to-2027-restart/</link>
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		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Mon, 08 Jun 2026 14:20:15 +0000</pubDate>
				<category><![CDATA[RESEARCH UPDATES]]></category>
		<category><![CDATA[Anfield Energy Inc.]]></category>
		<category><![CDATA[investing in nuclear]]></category>
		<category><![CDATA[investing in nuclear energy]]></category>
		<category><![CDATA[investing in uranium]]></category>
		<category><![CDATA[NASDAQ:AEC]]></category>
		<category><![CDATA[small cap uranium stocks]]></category>
		<category><![CDATA[TSX.V: AEC]]></category>
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		<guid isPermaLink="false">https://capital10x.com/?p=34353</guid>

					<description><![CDATA[<p>Anfield Energy Inc. (NASDAQ: AEC( (TSX.V: AEC) provided a current update on the renewal and reactivation of its radioactive materials license (the “License”) for the Shootaring Canyon Uranium Mill (“Shootaring”) in Utah. During the first months of 2026, the Company worked closely with the Utah Department of Environmental Quality (UDEQ) to address all requests for [&#8230;]</p>
<p>The post <a href="https://capital10x.com/anfield-energy-begins-refurbishment-work-at-shootaring-canyon-uranium-mill-on-path-to-2027-restart/">Anfield Energy Begins Refurbishment Work at Shootaring Canyon Uranium Mill On Path to 2027 Restart.</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>Anfield Energy Inc. (NASDAQ: AEC( (TSX.V: AEC)</strong> provided a current update on the renewal and reactivation of its radioactive materials license (the “License”) for the Shootaring Canyon Uranium Mill (“Shootaring”) in Utah.</p>



<p class="wp-block-paragraph">During the first months of 2026, the Company worked closely with the Utah Department of Environmental Quality (UDEQ) to address all requests for additional information related to the License renewal application. As part of these efforts, Anfield successfully completed the drilling of&nbsp;<strong>8 additional monitoring wells</strong>, a key requirement prior to resuming full operations at Shootaring.</p>



<p class="wp-block-paragraph">Building on this progress, Anfield is pleased to also announce that it has initiated preparatory refurbishment work at the Shootaring Canyon Mill. The Company has begun the removal of existing leach tanks in the leach building to prepare the facility for comprehensive refurbishment and future operational upgrades. All current site activities are being conducted under the Company’s existing License and in full regulatory compliance. This effort has the dual purpose of reducing Anfield’s reclamation obligations and preparing Shootaring for refurbishment.</p>



<p class="wp-block-paragraph">The Company continues to work with&nbsp;<strong>PSE Engineering</strong>&nbsp;to prepare the final detailed engineering designs. This work is intended to enable Anfield to move quickly and efficiently through the necessary refurbishment steps toward resuming production in 2027. The Company expects to complete the License renewal by the end of the year and plans to be fully prepared to quickly move forward with the refurbishment upon approval.</p>



<p class="wp-block-paragraph"><strong>Corey Dias, Anfield CEO</strong>, commented: “We are pleased with the continued momentum at the Shootaring Canyon Mill. Completing the additional monitoring wells, commencing leach tank removal under our current license, and advancing detailed engineering with PSE Engineering all demonstrate our proactive and methodical approach to mill reactivation. At the same time, Shootaring represents the next chapter in American conventional uranium milling. As one of only three fully licensed, permitted, and constructed conventional uranium mills in the country, its successful reactivation will mark a meaningful expansion of U.S. milling infrastructure — not competition for its own sake, but growth for the industry’s long-term resilience.</p>



<p class="wp-block-paragraph">“With our reactivation plan well underway — including an affirmative completeness review from the Utah DEQ — Shootaring is positioned to resume operations in 2027, adding vital new domestic milling capacity and positioning Anfield as the next company to lead this wave of U.S. energy and nuclear energy independence.”</p>



<p class="wp-block-paragraph">In addition, Anfield has begun the buildout of a new temporary man camp to support upcoming construction and operational activities. The man camp is being constructed just outside of the mill boundaries on private land owned by the Company. The facility is expected to be completed by the end of the year to coincide with the anticipated start of major refurbishment construction. It will accommodate up to 40 workers and will also serve to house personnel during the transition from refurbishment to initial production.</p>



<p class="wp-block-paragraph">These early refurbishment activities, detailed engineering progress, and supporting infrastructure development represent an important step forward in the Shootaring reactivation process. Shootaring remains one of only three licensed and permitted conventional uranium mills in the United States and is central to Anfield’s hub-and-spoke strategy for near-term uranium and vanadium production in the U.S.</p>



<p class="wp-block-paragraph">The Company continues to advance the overall License renewal while simultaneously progressing Shootaring refurbishment plans, including upgrades targeting 1,000 tons per day throughput capacity. These efforts are aligned with Anfield’s objective of recommencing mineral resource processing from its nearby uranium-vanadium projects.</p>



<p class="wp-block-paragraph">Anfield will continue to provide updates on the License renewal process, ongoing site work, detailed engineering progress, and integration with the Company’s mine development pipeline (including the Velvet-Wood project) as further milestones are achieved.</p>



<p class="wp-block-paragraph"><strong>Market-Making and Investor Relations Engagements</strong></p>



<p class="wp-block-paragraph">The Company announces that it has entered into an investor relations agreement (the “IR Agreement”) with CorProminence LLC. (“CORE IR”) dated June 1, 2026. The IR Agreement has an initial twelve-month term and thereafter will automatically extend for successive six-month terms unless terminated by either party upon thirty days’ prior written notice. The Company has agreed to pay CORE IR US$25,000 on a monthly basis for public relations, digital and social media services (“PR Services”). Moreover, and following the fourth month of PR Services, the Company has agreed to pay CORE IR an additional US$15,000 on a monthly basis for IR Services (as defined below) for the remainder of the term of the IR Agreement. Under the terms of the IR Agreement, CORE IR has agreed to provide the Company with a strategic market and investor awareness program and comprehensive public relations services by providing comprehensive corporate, shareholder, public, media, and key stakeholder communications development services (collectively, the “IR Services”) in accordance with the policies of the TSX Venture Exchange (the “TSXV”) and applicable securities laws.</p>



<p class="wp-block-paragraph">CORE IR is at arm’s length to the Company and has no other relationship to the Company. CORE IR is an independent limited liability company based in Garden City, New York, that provides services for shareholder information and public relations. CORE IR primarily operates on a privately-held partnership model. None of CORE IR nor its affiliates or associates has any interest directly or indirectly in the Company or its securities, or any right or intent to acquire such an interest. CORE IR will not receive shares or other securities as compensation.</p>



<p class="wp-block-paragraph">Anfield also announces that it has entered into an agreement (the “Market-Making Agreement”) with Generation IACP Inc. (“GIACP”) to provide certain market-making services (the “Services”) to the Company in accordance with the policies of the TSXV and applicable securities laws. In consideration for the Services to be provided by GIACP, the Company will pay GIACP a monthly cash fee of C$8,500 for an initial term of six months, which term will automatically extend for successive six-month terms unless terminated by either party on thirty days’ prior written notice. Commencing on the first anniversary of the Market-Making Agreement, the fee payable to GIACP will automatically increase annually by 3.0%.</p>



<p class="wp-block-paragraph">GIACP is at arm’s length to the Company and has no other relationship with Company. GIACP, established in 1998, is a Toronto-based, independently owned, investment dealer providing innovative solutions for institutional, corporate and individual clients in Canada and abroad. GIACP is a registered broker and member of the Canadian Investment Regulatory Organization, the TSXV, the Canadian Securities Exchange, and Cboe Canada, and is a Participating Organization as such term is defined in the rules and policies of the Toronto Stock Exchange. None of GIACP nor its affiliates or associates has any interest directly or indirectly in the Company or its securities, or any right or intent to acquire such an interest. GIACP will not receive shares or other securities as compensation. GIACP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities.</p>



<p class="wp-block-paragraph">The IR Agreement and the Market-Making Agreement are subject to the Company’s filing requirements with the TSXV and TSXV approval.</p>



<p class="wp-block-paragraph">Anfield Energy is a market awareness client of Capital 10X. For more information, including potential conflicts of interest please see our <a href="https://capital10x.com/terms-and-conditions/">Content Disclaimer</a>.</p>
<p>The post <a href="https://capital10x.com/anfield-energy-begins-refurbishment-work-at-shootaring-canyon-uranium-mill-on-path-to-2027-restart/">Anfield Energy Begins Refurbishment Work at Shootaring Canyon Uranium Mill On Path to 2027 Restart.</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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		<title>Cambria Gold Mines Staffs Up Future Copper-Gold Spinoff Mt. Margaret</title>
		<link>https://capital10x.com/cambria-gold-mines-staffs-up-future-copper-gold-spinoff-mt-margaret/</link>
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		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Wed, 03 Jun 2026 14:21:56 +0000</pubDate>
				<category><![CDATA[RESEARCH UPDATES]]></category>
		<category><![CDATA[gold pennystocks]]></category>
		<category><![CDATA[investing in gold]]></category>
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		<category><![CDATA[OTCQX: CAMVF]]></category>
		<category><![CDATA[small cap gold miners]]></category>
		<category><![CDATA[TSXV: CAMB]]></category>
		<guid isPermaLink="false">https://capital10x.com/?p=34343</guid>

					<description><![CDATA[<p>Cambria Gold Mines Inc. (TSXV: CAMB)&#160;(OTCQX: CAMVF)&#160;announced the appointment of David Thomas as Vice-President Projects (USA) and Orla Abrahams as Community Relations Coordinator (USA) for the Company&#8217;s Mt. Margaret copper-gold project in Washington State. Mr. Thomas will lead project development activities for Mt. Margaret, including engineering, permitting, regulatory strategy, project execution, and stakeholder engagement as [&#8230;]</p>
<p>The post <a href="https://capital10x.com/cambria-gold-mines-staffs-up-future-copper-gold-spinoff-mt-margaret/">Cambria Gold Mines Staffs Up Future Copper-Gold Spinoff Mt. Margaret</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>Cambria Gold Mines Inc. (TSXV: CAMB)&nbsp;(OTCQX: CAMVF)</strong>&nbsp;announced the appointment of David Thomas as Vice-President Projects (USA) and Orla Abrahams as Community Relations Coordinator (USA) for the Company&#8217;s Mt. Margaret copper-gold project in Washington State.</p>



<p class="wp-block-paragraph">Mr. Thomas will lead project development activities for Mt. Margaret, including engineering, permitting, regulatory strategy, project execution, and stakeholder engagement as the Company advances the project and advances the potential spin-out of Mt. Margaret into a new, U.S.-focused public company. Ms. Abrahams will support community relations, stakeholder engagement, workforce development initiatives, public communications, and regional partnerships associated with the advancement of the project. Subsequent to the proposed spinout, Mr. Thomas will be the Chief Project Officer of the potential US spin out Company.</p>



<p class="wp-block-paragraph">&#8220;<em>We are excited to add Mr. Thomas and Ms. Abrahams to our growing team,</em>&#8221; said Rob McLeod, President and CEO of Cambria Gold Mines. &#8220;<em>Advancing this large, copper-gold porphyry deposit in the United States will be well served by their strong technical backgrounds, experience in permitting and building mines, and their commitment to working with communities</em>.&#8221;</p>



<p class="wp-block-paragraph"><strong>David Thomas</strong></p>



<p class="wp-block-paragraph">David Thomas is an internationally experienced senior executive with more than 40 years of experience across the global resource sector, including mining, metals, energy, and large-scale capital development. Throughout his career, he has held senior leadership positions including President, Executive Vice President, Chief Operating Officer, General Director, and EPC Engineering Manager. His experience includes leadership and project execution roles with globally recognized organizations including Newmont Mining, Nordgold, Coeur Mining, and Ausenco, where he has advanced major resource projects across multiple international jurisdictions.</p>



<p class="wp-block-paragraph">David&#8217;s expertise spans the full mining value chain, including exploration, feasibility studies, mine construction, operational readiness, production optimization, logistics, commercial strategy, and market development. He brings extensive experience across copper, gold, silver, critical minerals, and bulk commodities, with a strong track record of advancing projects from development through production.</p>



<p class="wp-block-paragraph"><strong>Orla Abrahams</strong></p>



<p class="wp-block-paragraph">Orla Abrahams is a stakeholder engagement and business development professional with more than 10 years of experience across the mining, engineering, and professional services sectors, supporting strategic initiatives, communications, relationship development, and external engagement activities. Having lived and worked across Europe, Africa, and North America, she brings a global perspective and collaborative approach to building relationships among industry, communities, government, and other stakeholders.</p>



<p class="wp-block-paragraph">As Community Relations Coordinator for the Mt. Margaret Project, Orla supports community relations, stakeholder engagement, workforce development initiatives, government and agency outreach, and public communications associated with the advancement of the project. Her work focuses on strengthening relationships with local communities, Indigenous groups, educational institutions, industry organizations, and regional partners while supporting the Company&#8217;s commitment to responsible resource development, transparent engagement, and long-term value creation.</p>



<p class="wp-block-paragraph"></p>
<p>The post <a href="https://capital10x.com/cambria-gold-mines-staffs-up-future-copper-gold-spinoff-mt-margaret/">Cambria Gold Mines Staffs Up Future Copper-Gold Spinoff Mt. Margaret</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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		<title>Cambria Gold Mines Begins Access Road Construction At Red Mountain Mine</title>
		<link>https://capital10x.com/cambria-gold-mines-begins-access-road-construction-at-red-mountain-mine/</link>
					<comments>https://capital10x.com/cambria-gold-mines-begins-access-road-construction-at-red-mountain-mine/#respond</comments>
		
		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Mon, 01 Jun 2026 14:13:13 +0000</pubDate>
				<category><![CDATA[RESEARCH UPDATES]]></category>
		<category><![CDATA[Cambria Gold Mines Inc.]]></category>
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		<guid isPermaLink="false">https://capital10x.com/?p=34334</guid>

					<description><![CDATA[<p>Cambria Gold Mines Inc.&#160;(TSXV: CAMB) (OTCQX: CAMVF)&#160;(&#8220;Cambria&#8221; or the &#8220;Company&#8220;) is pleased to announce that construction has commenced on early works on the access road with the purpose of developing the high-grade Red Mountain Gold Deposit located northeast of Stewart, BC. Construction of the approximately 23 km long road is anticipated to continue through the [&#8230;]</p>
<p>The post <a href="https://capital10x.com/cambria-gold-mines-begins-access-road-construction-at-red-mountain-mine/">Cambria Gold Mines Begins Access Road Construction At Red Mountain Mine</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>Cambria Gold Mines Inc.</strong>&nbsp;<strong>(TSXV: CAMB) (OTCQX: CAMVF)&nbsp;</strong>(&#8220;<strong>Cambria</strong>&#8221; or the &#8220;<strong>Company</strong>&#8220;) is pleased to announce that construction has commenced on early works on the access road with the purpose of developing the high-grade Red Mountain Gold Deposit located northeast of Stewart, BC.</p>



<p class="wp-block-paragraph">Construction of the approximately 23 km long road is anticipated to continue through the 2026 and 2027 seasons; Phase I will focus on rebuilding a 13 km long road bed, first constructed in 1910 as a wagon trail to access placer gold mines along Bitter Creek, later extended to the base of Red Mountain at Bromley Humps by Lac Minerals in 1994. The road will start from the paved Highway 37A just North of Stewart. It is anticipated that upon the commencement of production, mineralized material will be transported for processing at Cambria&#8217;s 2,500 tonne per day mill at the Premier Mine, for a total trucking distance of approximately 50 kilometers.</p>



<p class="wp-block-paragraph">Cambria&#8217;s Red Mountain Gold Deposit hosts Measured and Indicated Resources of 3.19M tonnes averaging 7.63 g/t Au and 21.02 g/t Ag, for 783,000 ounces Au and 2,156,000 ounces Ag. The Deposit hosts additional 405,000 tonnes of Inferred Resources at 5.32 g/t Au and 7.33 g/t Ag for 69,000 ounces Au and 96,000 ounces Ag. The deposit needs minimal infill drilling, with 544,000 ounces Au in the Measured Category at an average grade of 8.81 g/t Au<sup>1</sup>. The deposit has over 2,000 meters of production-size underground workings and is a wide and tabular deposit, suitable for bulk underground mining methods such as longhole stoping.</p>



<p class="wp-block-paragraph">&#8220;<em>The development of Red Mountain is one of the key components to a successful operation. It is one of the highest quality undeveloped deposits in Canada</em>.&#8221; said Rob McLeod, President and CEO for Cambria Gold Mines. &#8220;<em>Additionally, we continue to advance infill drilling, future permit amendments and engineering studies at the three significant PGP deposits: Big Missouri, Silver Coin and Premier. We are on track to complete an updated Feasibility Study incorporating all four deposits by Q4 2026. The Company will provide an update on this work in the near future.&#8221;</em></p>



<p class="wp-block-paragraph">&#8220;<em>The development of the Red Mountain Access Road through the mountains of the Golden Triangle, often with significant weather events is a challenging project that our permitting, engineering and construction teams have fully embraced</em>.&#8221; said Gordon Doerksen, Vice-President Projects for Cambria Gold Mines. &#8220;<em>We have full confidence that our team, plus our engineering and construction contractors have the experience and capability to execute on this project. Our goal is to complete the first stage of the road to the Bromley Humps location during 2026.</em>&#8220;</p>



<p class="wp-block-paragraph">For construction of the initial road sections, work will be performed by contractor West Point Rail and Timber Co. Engineering includes work by Fortec Consulting and Onsite Engineering, with environmental monitoring by Nisga&#8217;a Growth Corp. Cambria&#8217;s Director of Construction, Nick Stoneberger, will oversee the work. Additional contractors and consultants will be added as the road advances. In addition to the road construction, fisheries offset work will be completed to protect and enhance salmon spawning habitat in the Bear River Valley.</p>



<h4 class="wp-block-heading"><strong>Figure 1. Red Mountain Access Road</strong></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="670" src="https://capital10x.com/wp-content/uploads/2026/06/image-1024x670.png" alt="" class="wp-image-34335" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-1024x670.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-300x196.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-768x502.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-1536x1005.png 1536w, https://capital10x.com/wp-content/uploads/2026/06/image.png 1541w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<h4 class="wp-block-heading"><strong>Figure 2. Red Mountain Access Trail</strong></h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="639" src="https://capital10x.com/wp-content/uploads/2026/06/image-1-1024x639.png" alt="" class="wp-image-34336" srcset="https://capital10x.com/wp-content/uploads/2026/06/image-1-1024x639.png 1024w, https://capital10x.com/wp-content/uploads/2026/06/image-1-300x187.png 300w, https://capital10x.com/wp-content/uploads/2026/06/image-1-768x479.png 768w, https://capital10x.com/wp-content/uploads/2026/06/image-1-1536x958.png 1536w, https://capital10x.com/wp-content/uploads/2026/06/image-1.png 1541w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p class="wp-block-paragraph"><em>1 —For additional information on the Red Mountain resource numbers refer to the NI 43-101 Technical Report &#8220;Premier &amp; Red Mountain Gold Project Feasibility Study&#8221; with a report date of May 22, 2020. The Red Mountain resource was authored by Gilles Arseneau, P.Geo., a Qualified Person as defined by NI 43-101.</em></p>



<p class="wp-block-paragraph"><strong>Qualified Person</strong></p>



<p class="wp-block-paragraph">The scientific and technical information within this news release was reviewed and approved by Blaine Smit, P.Geo. Vice President Exploration for Cambria Gold Mines Inc. Mr. Smit is a non-independent &#8220;Qualified Person&#8221; as defined under NI 43-101 &#8211; Standards of Disclosure for Mineral Projects.</p>
<p>The post <a href="https://capital10x.com/cambria-gold-mines-begins-access-road-construction-at-red-mountain-mine/">Cambria Gold Mines Begins Access Road Construction At Red Mountain Mine</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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		<title>Anfield Energy Moves to Phase Two Construction at Velvet-Wood Uranium Project</title>
		<link>https://capital10x.com/anfield-energy-moves-to-phase-two-construction-at-velvet-wood-uranium-project/</link>
					<comments>https://capital10x.com/anfield-energy-moves-to-phase-two-construction-at-velvet-wood-uranium-project/#respond</comments>
		
		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Mon, 01 Jun 2026 14:09:09 +0000</pubDate>
				<category><![CDATA[RESEARCH UPDATES]]></category>
		<category><![CDATA[Anfield Energy Inc.]]></category>
		<category><![CDATA[investing in nuclear]]></category>
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		<category><![CDATA[TSX.V: AEC]]></category>
		<guid isPermaLink="false">https://capital10x.com/?p=34332</guid>

					<description><![CDATA[<p>Anfield Energy Inc. (NASDAQ: AEC) (TSX.V: AEC) (FRANKFURT: 0AD) announced the successful completion of phase one surface construction (“Phase One”) at its Velvet-Wood uranium and vanadium project in Utah (“Velvet-Wood”). With Phase One now complete, the Company will shift focus to phase two of mine construction at Velvet-Wood (“Phase Two”). Corey Dias, Anfield CEO, commented: [&#8230;]</p>
<p>The post <a href="https://capital10x.com/anfield-energy-moves-to-phase-two-construction-at-velvet-wood-uranium-project/">Anfield Energy Moves to Phase Two Construction at Velvet-Wood Uranium Project</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>Anfield Energy Inc. (NASDAQ: AEC) (TSX.V: AEC) (FRANKFURT: 0AD) </strong>announced the successful completion of phase one surface construction (“Phase One”) at its Velvet-Wood uranium and vanadium project in Utah (“Velvet-Wood”). With Phase One now complete, the Company will shift focus to phase two of mine construction at Velvet-Wood (“Phase Two”).</p>



<p class="wp-block-paragraph">Corey Dias, Anfield CEO, commented: “The successful completion of Phase One surface construction at Velvet-Wood marks strong progress on the ground made possible by our expanded workforce. We are now advancing into Phase Two, with initial underground development activities expected to commence within the next 30 days. This advancement is significant in the broader U.S. context, as Velvet-Wood was the first uranium mine to be advanced through expedited permitting under the current administration.</p>



<p class="wp-block-paragraph">Anfield is proud to do its part in answering the call to vastly expand America’s nuclear capacity and energy independence. We remain firmly on track to resume production at Velvet-Wood by the end of 2026.”</p>



<p class="wp-block-paragraph">Phase Two will focus on the dewatering and rehabilitation of the existing underground workings, along with construction of the ore pad to allow for mining to begin upon completion of the dewatering. Phase Two is expected to last approximately 6 months. Initial underground development activities are expected to commence within the next 30 days at Velvet-Wood.</p>



<p class="wp-block-paragraph">Phase three of mine construction at Velvet-Wood (“Phase Three”) will involve the buildout of permanent surface infrastructure, including the mine office, shop/warehouse, and permanent power. The Company intends to produce mined material concurrently with the completion of this final development phase.</p>



<p class="wp-block-paragraph">The completed Phase One work at Velvet-Wood included the following actions:</p>



<ul class="wp-block-list">
<li>Stripped the topsoil from the original mine area and stockpiled approximately 4,500 cubic yards of clean topsoil, set aside for future reclamation work;</li>



<li>Completed a full site survey to orient the surface with the underground workings;</li>



<li>Installed a temporary office and shop to support construction and site development;</li>



<li>Built or improved nearly 3 miles of roads, including both county roads and site roads;</li>



<li>Installed temporary power to the site;</li>



<li>Uncovered the previous plugged/reclaimed decline shaft and constructed the new portal and gates;</li>



<li>Installed ventilation for the underground;</li>



<li>Rehabilitated nearly 1,500 feet of decline;</li>



<li>Activated the mine ID with the U.S. Mine Safety and Health Administration, enabling the start of mining and mine construction;</li>



<li>Built pads for the permanent facilities (mine office, shop/warehouse, and water treatment); and</li>



<li>Restarted the Company’s Papoose limestone quarry, supplying all aggregate used on site for road and pad construction.</li>
</ul>



<p class="wp-block-paragraph">This progress allows Anfield to remain on schedule to return the Velvet-Wood mine to production by the end of 2026. This milestone is made more significant by the fact that the mine last produced in 1984, while the remaining Lisbon Valley mines were ultimately shuttered by 1988. For more than 40 years this resource area has been waiting for the return of the U.S. uranium industry.</p>



<p class="wp-block-paragraph">This progress supports Anfield’s hub-and-spoke strategy, centered on the fully permitted Shootaring Canyon Mill in Utah and its portfolio of high-quality uranium-vanadium assets in Utah and Colorado.</p>



<p class="wp-block-paragraph">Anfield Energy is a market awareness client of Capital 10X. For more information, including potential conflicts of interest please see our <a href="https://capital10x.com/terms-and-conditions/">Content Disclaimer</a>.</p>
<p>The post <a href="https://capital10x.com/anfield-energy-moves-to-phase-two-construction-at-velvet-wood-uranium-project/">Anfield Energy Moves to Phase Two Construction at Velvet-Wood Uranium Project</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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		<title>Critical Minerals Bottleneck Series:  Antimony</title>
		<link>https://capital10x.com/critical-minerals-bottleneck-series-antimony/</link>
					<comments>https://capital10x.com/critical-minerals-bottleneck-series-antimony/#respond</comments>
		
		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Tue, 26 May 2026 14:22:42 +0000</pubDate>
				<category><![CDATA[RESEARCH UPDATES]]></category>
		<category><![CDATA[CSE:MILI]]></category>
		<category><![CDATA[FSE:QN90]]></category>
		<category><![CDATA[Military Metals]]></category>
		<category><![CDATA[OTCQB:MILIF]]></category>
		<guid isPermaLink="false">https://capital10x.com/?p=34291</guid>

					<description><![CDATA[<p>The &#8220;Little Carpathians&#8221; of Slovakia, a range of rolling hills near Bratislava, have become the unlikely ground zero for a geopolitical tug-of-war. Within these woods lies the Trojarova project, a Cold War-era mine once mapped by Soviet engineers, now owned by Canada’s Military Metals Corp (CSE: MILI). As the European Union struggles to reconcile its [&#8230;]</p>
<p>The post <a href="https://capital10x.com/critical-minerals-bottleneck-series-antimony/">Critical Minerals Bottleneck Series:  Antimony</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
]]></description>
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<p class="wp-block-paragraph"><br>The &#8220;Little Carpathians&#8221; of Slovakia, a range of rolling hills near Bratislava, have become the unlikely ground zero for a geopolitical tug-of-war. Within these woods lies the Trojarova project, a Cold War-era mine once mapped by Soviet engineers, now owned by Canada’s Military Metals Corp (CSE: MILI). As the European Union struggles to reconcile its lofty green and defense ambitions with a fragmented industrial reality, Trojarova serves as a &#8220;litmus test&#8221; for the entire EU&#8217;s ability to break its near-total reliance on China for antimony—a critical metalloid essential for everything from munitions to solar panels.</p>



<p class="wp-block-paragraph">Despite the strategic stakes, the EU remains caught in a cycle of &#8220;ambition without execution&#8221;. While the United States has moved aggressively to fund domestic projects, such as the $180 million in combined grants awarded to Perpetua Resources in Idaho, European projects like Trojarova are often left to languish without the offtake agreements or direct state financing required to reach production. </p>



<p class="wp-block-paragraph">&#8220;What we are still lacking is not ambition, but execution,&#8221; noted Thomas Hüser, Chairman of Military Metals and former Glencore manager. Without a unified strategy, Europe risks losing these critical assets to rivals who move faster and with greater financial clarity.</p>



<p class="wp-block-paragraph">In April 2026, Military Metals reported a landmark maiden Inferred Mineral Resource for Trojarova, containing approximately 67,000 tonnes of antimony and 222,000 ounces of gold. This makes it the largest antimony resource in the EU defined by modern regulatory standards. At a projected output of 6,000 tonnes per year, a single facility at Trojarova could potentially meet one-third of Europe&#8217;s total annual demand. </p>



<p class="wp-block-paragraph">Yet, even with these numbers, Military Metals’ CEO Scott Eldridge has highlighted the uphill battle: &#8220;Europe needs its own supply, but the financing mechanisms aren&#8217;t there yet to compete with the US or China&#8221;.</p>



<h3 class="wp-block-heading">An Antimony Primer &#8211; Supply and Demand<br></h3>



<p class="wp-block-paragraph">Antimony is often called the &#8220;Great War Metal&#8221; due to its historical and modern-day military applications, but its role in the global energy transition has recently sent prices to record highs.</p>



<p class="wp-block-paragraph"><strong>1. Where is it Used? (Demand Split)</strong><br>Antimony’s demand is dominated by three primary sectors:</p>



<div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-7387b849 wp-block-columns-is-layout-flex">
<div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:100%">
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="402" height="477" src="https://capital10x.com/wp-content/uploads/2026/05/Global-Antimony-Demand-Chart-1.png" alt="" class="wp-image-34328" srcset="https://capital10x.com/wp-content/uploads/2026/05/Global-Antimony-Demand-Chart-1.png 402w, https://capital10x.com/wp-content/uploads/2026/05/Global-Antimony-Demand-Chart-1-253x300.png 253w" sizes="(max-width: 402px) 100vw, 402px" /></figure>
</div>
</div>



<p class="wp-block-paragraph"><strong>Source: USGS.com, Fastmarkets.com</strong></p>



<ul class="wp-block-list">
<li><strong>Flame Retardants (~60%):</strong> Antimony trioxide (ATO) is used in plastics, textiles, and electronics to prevent the spread of fire. This remains the largest single market, driven by global safety regulations.</li>



<li><strong>Lead-Acid Batteries &amp; Alloys (~25%):</strong> It acts as a hardening agent in lead-acid batteries, which are critical for automotive starters and backup power systems in data centers.</li>



<li><strong>Strategic &amp; Emerging Tech (~15%):</strong> This includes military uses (ammunition and infrared sensors), solar PV glass (clarifiers), and high-end electronics.</li>
</ul>



<p class="wp-block-paragraph"><strong>2. Regional Consumption: The Great Disparity</strong><br>Consumption is heavily concentrated in manufacturing hubs, with Asia leading by a wide margin.</p>



<div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-7387b849 wp-block-columns-is-layout-flex">
<div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow" style="flex-basis:100%">
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="373" height="418" src="https://capital10x.com/wp-content/uploads/2026/05/Antimony-Consumption-by-Region-1.png" alt="" class="wp-image-34329" style="aspect-ratio:0.8923404732533363;width:414px;height:auto" srcset="https://capital10x.com/wp-content/uploads/2026/05/Antimony-Consumption-by-Region-1.png 373w, https://capital10x.com/wp-content/uploads/2026/05/Antimony-Consumption-by-Region-1-268x300.png 268w" sizes="(max-width: 373px) 100vw, 373px" /></figure>
</div>
</div>



<p class="wp-block-paragraph"><strong>Source: USGS.com, Fastmarkets.com</strong></p>



<ul class="wp-block-list">
<li><strong>Asia-Pacific:</strong> Accounts for approximately <strong>64-68%</strong> of global demand, fueled by China&#8217;s massive electronics and polymer industries.</li>



<li><strong>Europe:</strong> Consumes roughly <strong>18-20%</strong> of the global supply (approx. 24,000 metric tons/year), primarily for specialty chemicals and defense.</li>



<li><strong>North America:</strong> Represents about <strong>7-8%</strong> of demand but is nearly 90% dependent on imports, particularly for defense-grade material.</li>
</ul>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph"><strong>3. Supply Constraints and Geopolitics</strong><br>The global supply of antimony is exceptionally concentrated. In 2025, China, Russia, and Tajikistan accounted for over 80% of global mine production. China’s decision in late 2024 to impose strict export controls—and a subsequent ban on exports to the U.S. in December 2024—sent global prices skyrocketing from $5.60/lb to over $25.00/lb by mid-2025. This supply &#8220;chokehold&#8221; has forced Western governments to treat antimony projects as matters of national security, placing companies like Military Metals at the center of a new industrial frontline.</p>



<h4 class="wp-block-heading">Antimony Prices</h4>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="748" src="https://capital10x.com/wp-content/uploads/2026/05/Antimony-Price-May-26th-2026-1024x748.png" alt="" class="wp-image-34306" srcset="https://capital10x.com/wp-content/uploads/2026/05/Antimony-Price-May-26th-2026-1024x748.png 1024w, https://capital10x.com/wp-content/uploads/2026/05/Antimony-Price-May-26th-2026-300x219.png 300w, https://capital10x.com/wp-content/uploads/2026/05/Antimony-Price-May-26th-2026-768x561.png 768w, https://capital10x.com/wp-content/uploads/2026/05/Antimony-Price-May-26th-2026-1536x1123.png 1536w, https://capital10x.com/wp-content/uploads/2026/05/Antimony-Price-May-26th-2026.png 1958w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p class="wp-block-paragraph"><strong>4. Emerging Sources of Demand and the Global Corporate Landscape</strong><br>The resurgence of antimony in 2026 is not merely a byproduct of defense anxiety; it is being propelled by a fundamental shift in high-tech industrial needs. While traditional uses in flame retardants remain the bedrock of the market, a &#8220;Second Wave&#8221; of demand is emerging from the heart of the global energy transition and digital infrastructure.</p>



<p class="wp-block-paragraph"><strong>5. Emerging Sources of Demand</strong> &#8211; <strong>Solar</strong>, <strong>AI and Battery Storage</strong><br>The most significant new driver is the photovoltaic (PV) solar sector. Sodium antimonate is increasingly utilized as a glass clarifier in high-efficiency solar panels. It reduces melting temperatures during manufacturing and improves light transmission, which is critical for maximizing energy yield. In 2025, global PV installations reached nearly 280GW, and as the industry moves toward 2030 targets, this &#8220;rigid demand&#8221; has become a permanent fixture of the antimony market.</p>



<p class="wp-block-paragraph">Furthermore, the data center boom—driven by the rapid expansion of Artificial Intelligence—has created a secondary demand surge. Thousands of miles of high-capacity fiber and copper cabling required for these facilities use antimony trioxide (ATO) in their PVC coatings to meet stringent fire safety standards. Finally, the next generation of liquid metal and molten salt batteries for long-duration grid storage is beginning to move from pilot to commercial scale. These batteries use an antimony-magnesium or antimony-lead chemistry that is non-flammable and capable of thousands of charge cycles, positioning the metal as a potential rival to lithium in stationary storage.</p>



<p class="wp-block-paragraph"><strong>6. Publicly Traded Antimony Miners and Strategic Deposits</strong><br>As supply from China and Russia remains restricted, a handful of Western-listed companies have emerged as the &#8220;New Guard&#8221; of antimony production.</p>



<div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-7387b849 wp-block-columns-is-layout-flex">
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<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="609" height="585" src="https://capital10x.com/wp-content/uploads/2026/05/Strategic-Antimony-Deposits-Chart.png" alt="" class="wp-image-34330" style="aspect-ratio:1.0410267368252357;width:447px;height:auto" srcset="https://capital10x.com/wp-content/uploads/2026/05/Strategic-Antimony-Deposits-Chart.png 609w, https://capital10x.com/wp-content/uploads/2026/05/Strategic-Antimony-Deposits-Chart-300x288.png 300w" sizes="(max-width: 609px) 100vw, 609px" /></figure>
</div>
</div>



<p class="wp-block-paragraph"><strong>Source: Company Filings, Capital10x Estimates, Bloomberg</strong></p>



<p class="wp-block-paragraph">• <strong>Military Metals Corp (CSE: MILI / OTCQB: MILIF):</strong> Headquartered in Canada, Military Metals is the primary player in Europe. Its flagship Trojarova project in Slovakia holds a maiden Inferred Resource of 67,000 tonnes of antimony, making it the largest compliant resource in the EU. The company’s strategic focus is on providing a localized, non-Chinese source for the European defense and energy sectors.</p>



<p class="wp-block-paragraph">• <strong>Perpetua Resources (NASDAQ: PPTA):</strong> The leading U.S. contender, Perpetua is advancing the Stibnite Gold Project in Idaho. Backed by over $1.8 billion in proposed federal loan support, it aims to be the only domestic producer of antimony trisulfide for the U.S. military. A final investment decision is expected in the second half of 2026.</p>



<p class="wp-block-paragraph">• <strong>Larvotto Resources (ASX: LRV):</strong> Australia’s premier antimony play, Larvotto is on track to restart the Hillgrove Mine in New South Wales in August 2026. Once operational, it is expected to provide approximately 7% of the world’s antimony supply, effectively becoming the largest producer in the Western world.</p>



<p class="wp-block-paragraph">• <strong>Alkane Resources (ASX: ALK):</strong> Following its 2025 merger with Mandalay Resources, Alkane operates the Costerfield Mine in Victoria, Australia. Costerfield is a consistent producer of high-grade antimony-gold concentrate, with an annual output of roughly 1,300 to 2,800 tonnes.</p>



<p class="wp-block-paragraph">• <strong>United States Antimony Corp (NYSE: UAMY):</strong> A veteran of the sector, UAMY is the only integrated antimony miner and smelter in the U.S. It manages a diverse portfolio of sourcing and processing facilities and has set a revenue target of $125 million for 2026.</p>



<p class="wp-block-paragraph">• <strong>Antimony Resources Corp (CSE: ATMY):</strong> A Canadian junior focused on the Bald Hill project in New Brunswick. Recent 2026 drilling has uncovered one of the world&#8217;s highest-grade deposits, with conceptual targets of up to 100,000 tonnes of contained metal.</p>



<p class="wp-block-paragraph">• <strong>NevGold (TSXV: NAU):</strong> Focusing on the Limousine Butte project in Nevada, NevGold is targeting a maiden resource estimate in Q2 2026, utilizing historical heap leach pads for near-term production potential.</p>



<h3 class="wp-block-heading">Antimony Will Continue to be the Main Beneficiary of a reshoring of western critical minerals supply</h3>



<p class="wp-block-paragraph">The convergence of military necessity, energy transition demand, and geopolitical supply disruption has transformed antimony from an obscure industrial metalloid into one of the most strategically consequential commodities of the 2020s. </p>



<p class="wp-block-paragraph">China&#8217;s export restrictions have exposed a critical vulnerability in Western supply chains that years of complacency helped create, and the scramble to fill that gap — from the hills of Slovakia to the mountains of Idaho to the mines of New South Wales — is now very much underway. </p>



<p class="wp-block-paragraph">Yet despite the urgency, Western-listed antimony producers and developers remain significantly undervalued relative to the scale of the problem they are positioned to solve. While antimony prices have surged from roughly $6.00 per pound in 2023 to over $17.00 per pound in 2026, the market capitalizations of companies like Military Metals, Perpetua Resources, Larvotto, and peers have not kept pace with either the commodity&#8217;s price appreciation or the strategic premium that governments are increasingly willing to assign to secure, non-Chinese supply. </p>



<p class="wp-block-paragraph">As offtake agreements solidify, permitting advances, and financing mechanisms catch up with political will, the re-rating of these assets toward their true strategic value is likely. </p>
<p>The post <a href="https://capital10x.com/critical-minerals-bottleneck-series-antimony/">Critical Minerals Bottleneck Series:  Antimony</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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		<title>Cambria Gold Mines Upgraded to OTCQX Best Markets, Hires New VP of US Exploration</title>
		<link>https://capital10x.com/cambria-gold-mines-upgraded-to-otcqx-best-market-under-ticker-cambvf/</link>
					<comments>https://capital10x.com/cambria-gold-mines-upgraded-to-otcqx-best-market-under-ticker-cambvf/#respond</comments>
		
		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Wed, 20 May 2026 13:02:15 +0000</pubDate>
				<category><![CDATA[RESEARCH UPDATES]]></category>
		<category><![CDATA[Cambria Gold Mines Inc.]]></category>
		<category><![CDATA[Gold Juniors]]></category>
		<category><![CDATA[gold pennystocks]]></category>
		<category><![CDATA[investing in gold]]></category>
		<category><![CDATA[investing in gold miners]]></category>
		<category><![CDATA[small cap gold stocks]]></category>
		<category><![CDATA[TSXV:CAMB]]></category>
		<guid isPermaLink="false">https://capital10x.com/?p=34282</guid>

					<description><![CDATA[<p>Cambria Gold Mines Inc.&#160;(TSXV: CAMB) (OTCQX: CAMBVF)&#160;announced that, as of today, its common shares have graduated to trading on the OTCQX Best Market (&#8220;OTCQX&#8220;) under the ticker symbol of &#8220;CAMBVF&#8221;. The Company&#8217;s common shares will continue to trade on the TSX Venture Exchange (the &#8220;Exchange&#8220;) under the symbol &#8220;CAMB&#8221;. Upgrading to the OTCQX Market is [&#8230;]</p>
<p>The post <a href="https://capital10x.com/cambria-gold-mines-upgraded-to-otcqx-best-market-under-ticker-cambvf/">Cambria Gold Mines Upgraded to OTCQX Best Markets, Hires New VP of US Exploration</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>Cambria Gold Mines Inc.</strong>&nbsp;<strong>(TSXV: CAMB) (OTCQX: CAMBVF)</strong>&nbsp;announced that, as of today, its common shares have graduated to trading on the OTCQX Best Market (&#8220;<strong>OTCQX</strong>&#8220;) under the ticker symbol of &#8220;CAMBVF&#8221;. The Company&#8217;s common shares will continue to trade on the TSX Venture Exchange (the &#8220;<strong>Exchange</strong>&#8220;) under the symbol &#8220;CAMB&#8221;.</p>



<p class="wp-block-paragraph">Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.</p>



<p class="wp-block-paragraph">U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on&nbsp;<a href="https://api.newsfilecorp.com/redirect/Lqyv0sGg2L" rel="noreferrer noopener" target="_blank">www.otcmarkets.com</a>.</p>



<p class="wp-block-paragraph"><em>Robert McLeod, CEO stated &#8220;Trading on OTCQX represents an important step forward for Cambria as we strengthen our presence in the U.S. capital markets. This milestone supports our strategy to expand our shareholder base and improve access for U.S. investors. The OTCQX Market enhances visibility and liquidity for the Company while providing a streamlined path to one of the world&#8217;s largest equity capital markets as we advance our exploration portfolio&#8221;.</em></p>



<h3 class="wp-block-heading">Asa East Appointed VP of US Exploration</h3>



<p class="wp-block-paragraph">Additionally, Mr. Asa East has been appointed as Vice-President Exploration, USA. His primary responsibility will be to advance Cambria&#8217;s Mt. Margaret copper-gold porphyry project, located in Washington State. As outlined within the April 22, 2026 News Release, the Company is considering spinning out Mt. Margaret into a new US focused listed entity in the near future.</p>



<p class="wp-block-paragraph">&#8220;Asa is an accomplished exploration geologist with strong project management skills and experienced in advancing projects within North America across a range of mineral deposit types, including porphyry deposits. Joining Cambria from Barrick, he held a critical leadership role for the recent expansion of their giant Fourmile Deposit,&#8221; said Rob McLeod, President and CEO for Cambria. </p>



<p class="wp-block-paragraph">&#8220;On behalf of our Company and shareholders, we welcome the first member of our American management team that will be focused on advancing our significant copper-gold porphyry asset.&#8221;</p>



<p class="wp-block-paragraph"><strong>About Asa East, VP Exploration USA</strong></p>



<p class="wp-block-paragraph">Mr. East brings a multi-disciplinary background spanning all stages of mineral exploration, including project generation, resource and reserve growth, project development, evaluations, and corporate strategy. His experience covers major mineral provinces across the North American Cordillera, Western Africa, and the Far East Russian gold districts.</p>



<p class="wp-block-paragraph">Over the past five years, Mr. East has held a regional leadership role at Barrick, where he directed exploration activities across the United States, including all stages of exploration and growth at Nevada Gold Mines. Prior, he spent 11 years with Kinross Gold Corporation in a range of technical and leadership positions globally. Throughout his tenure at both organizations he played a key role in advanced stage project development, resource growth initiatives and generative exploration programs that significantly extended mine life across multiple operations, including the recent advancement of Barrick&#8217;s giant Fourmile gold project.</p>



<p class="wp-block-paragraph">Earlier in his career, Mr. East was part of the discovery team at Underworld Resources Inc., contributing to the identification of the Golden Saddle Resource, which was subsequently acquired by Kinross in 2010. He is a graduate in Geology from the University of Illinois.</p>



<p class="wp-block-paragraph"><strong>About Cambria Gold Mines</strong></p>



<p class="wp-block-paragraph">Cambria Gold Mines is a Canadian mining company headquartered in Vancouver, British Columbia, and its shares trade on the TSX-V under the ticker CAMB and on the OTCQX Market with the ticker CAMVF. Cambria is the 100% owner of the Premier Gold mine and Red Mountain Gold Project that are located on Nisga&#8217;a Nation Treaty Lands, in the prolific Golden Triangle of northwestern British Columbia. For more information about the Company, please refer to the Company&#8217;s profile on SEDAR+ at&nbsp;<a href="https://api.newsfilecorp.com/redirect/oPQGaFBbj8" rel="noreferrer noopener" target="_blank">www.sedarplus.ca</a>&nbsp;or visit the Company&#8217;s web site at&nbsp;<a href="https://api.newsfilecorp.com/redirect/OANQqS2azx" rel="noreferrer noopener" target="_blank">www.cambriagold.com</a>.</p>
<p>The post <a href="https://capital10x.com/cambria-gold-mines-upgraded-to-otcqx-best-market-under-ticker-cambvf/">Cambria Gold Mines Upgraded to OTCQX Best Markets, Hires New VP of US Exploration</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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		<title>Power Metallic Announces Expansion In the Kingdom of Saudi Arabia via Joint Venture With Amaar Mining</title>
		<link>https://capital10x.com/power-metallic-announces-expansion-in-the-kingdom-of-saudi-arabia-via-joint-venture-with-amaar-mining/</link>
					<comments>https://capital10x.com/power-metallic-announces-expansion-in-the-kingdom-of-saudi-arabia-via-joint-venture-with-amaar-mining/#respond</comments>
		
		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Tue, 19 May 2026 13:41:47 +0000</pubDate>
				<category><![CDATA[RESEARCH UPDATES]]></category>
		<category><![CDATA[Copper Miners]]></category>
		<category><![CDATA[investing in copper]]></category>
		<category><![CDATA[investing in polymetallics]]></category>
		<category><![CDATA[mining pennystocks]]></category>
		<category><![CDATA[OTCBB:PNPNF]]></category>
		<category><![CDATA[polymetallic metals]]></category>
		<category><![CDATA[polymetallic miners]]></category>
		<category><![CDATA[polymetallic stocks]]></category>
		<category><![CDATA[Power Metallic Mines Inc.]]></category>
		<category><![CDATA[small cap miners]]></category>
		<category><![CDATA[TSXV:PNPN]]></category>
		<guid isPermaLink="false">https://capital10x.com/?p=34278</guid>

					<description><![CDATA[<p>Strategic partnership establishes a framework for Power Metallic and Amaar Mining to jointly pursue future Saudi mining license auction rounds, with 50/50 ownership economics and an initial approved post-award work-program funding framework of up to US$10 million Power Metallic Mines Inc.&#160;(TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) announced that it has entered into a strategic alliance [&#8230;]</p>
<p>The post <a href="https://capital10x.com/power-metallic-announces-expansion-in-the-kingdom-of-saudi-arabia-via-joint-venture-with-amaar-mining/">Power Metallic Announces Expansion In the Kingdom of Saudi Arabia via Joint Venture With Amaar Mining</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
]]></description>
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<p class="wp-block-paragraph"><strong>Strategic partnership establishes a framework for Power Metallic and Amaar Mining to jointly pursue future Saudi mining license auction rounds, with 50/50 ownership economics and an initial approved post-award work-program funding framework of up to US$10 million</strong></p>



<p class="wp-block-paragraph"><strong>Power Metallic Mines Inc.&nbsp;(TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1)</strong> announced that it has entered into a strategic alliance and joint venture framework agreement with Amaar United Mining Company (&#8220;Amaar Mining&#8221;), a Saudi Arabian company affiliated with Amaar Holding, to jointly pursue mining license opportunities in the Kingdom of Saudi Arabia.</p>



<p class="wp-block-paragraph">The agreement marks the next step in Power Metallic&#8217;s expansion strategy in Saudi Arabia following the Company&#8217;s award of the Jabal Baudan exploration license in the Jabal Sayid Mineralized Belt. Under the agreement, Power Metallic and Amaar Mining intend to cooperate in future Saudi mining license auction rounds and other mutually agreed opportunities, combining Power Metallic&#8217;s technical, geological, and exploration capabilities with Amaar Mining&#8217;s local strategic presence, coordination capacity, and regulatory interface experience in the Kingdom.</p>



<p class="wp-block-paragraph">Pursuant to the agreement, any licenses awarded to the parties under the agreed framework are expected to be advanced through a 50/50 joint venture structure. Power Metallic is expected to act as technical lead and proposed operator of any post-award joint venture, subject to the execution of definitive joint venture documentation. Amaar Mining is expected to act as the local strategic partner, leading local coordination, relationship management, and administrative support.</p>



<p class="wp-block-paragraph">The agreement contemplates that, for the first aggregate US$10 million of approved post-award work-program funding, Power Metallic will contribute US$2.5 million and Amaar Mining will contribute US$7.5 million, while maintaining 50/50 beneficial ownership, economic interests, and equity interests in the consortium and any post-award joint venture. Following the funding of the first US$10 million of approved work-program expenditures, all further approved funding is expected to be contributed by the parties on a 50/50 basis.</p>



<p class="wp-block-paragraph">&#8220;This agreement is an important step in Power Metallic&#8217;s strategy to build a durable Saudi Arabia exploration platform,&#8221; said Terry Lynch, CEO of Power Metallic. &#8220;Our award of the Jabal Baudan license demonstrated that Power Metallic can compete successfully in one of the world&#8217;s most important emerging mining jurisdictions. This partnership with Amaar Mining gives us a strong local partner and a clear framework to pursue additional high-quality license opportunities in future auction rounds, while preserving 50/50 economics and maintaining disciplined capital exposure.&#8221;</p>



<p class="wp-block-paragraph">&#8220;Saudi Arabia is moving quickly to establish itself as a major global mining jurisdiction, and the quality of future license applications will matter,&#8221; said Conor Lynch, Vice President of Business Development of Power Metallic. &#8220;Successful participation in the Kingdom requires strong geology, credible work programs, local coordination, regulatory preparation, and disciplined execution. We believe the combination of Power Metallic&#8217;s technical capabilities and Amaar Mining&#8217;s local platform positions the partnership to compete effectively for future opportunities.&#8221;</p>



<p class="wp-block-paragraph">Naser Fahad Al-Qahtani, CEO of Amaar Mining, commented: &#8220;This agreement represents a strategic step in our plans to expand Amaar Mining&#8217;s business and enhance its presence in the mining sector by building international partnerships with experienced technical partners. This partnership aligns with the objectives of Saudi Arabia&#8217;s Vision 2030, which aims to develop the mining sector and increase its contribution to the national economy. Through this alliance with Power Metallic, we look forward to creating quality opportunities in the Kingdom and achieving sustainable added value that supports the sector&#8217;s growth and investment attractiveness.&#8221;</p>



<h3 class="wp-block-heading"><strong>Key Terms of the Joint Venture Framework</strong></h3>



<p class="wp-block-paragraph">The key commercial principles of the agreement include:</p>



<p class="wp-block-paragraph"><strong>50/50 ownership and economics:</strong>&nbsp;Power Metallic and Amaar Mining are expected to hold equal beneficial ownership, economic interests, and equity interests in the consortium and any post-award joint venture.</p>



<p class="wp-block-paragraph"><strong>Future license auction participation:</strong>&nbsp;The parties intend to cooperate in future Saudi mining license auction rounds and other mutually agreed opportunities in the Kingdom.</p>



<p class="wp-block-paragraph"><strong>Power Metallic as technical lead and proposed operator:</strong>&nbsp;Power Metallic is expected to lead geological, exploration, technical preparation, and work-program design matters and to act as proposed operator of any post-award joint venture, subject to definitive documentation.</p>



<p class="wp-block-paragraph"><strong>Amaar Mining as local strategic partner:</strong>&nbsp;Amaar Mining is expected to lead local coordination, relationship management, and administrative support in the Kingdom, and to contribute to bid preparation and regulatory interface matters.</p>



<p class="wp-block-paragraph"><strong>Initial approved work-program funding:</strong>&nbsp;For the first aggregate US$10 million of approved post-award work-program funding, Power Metallic is expected to contribute US$2.5 million and Amaar Mining is expected to contribute US$7.5 million.</p>



<p class="wp-block-paragraph"><strong>Equal funding thereafter:</strong>&nbsp;Following the first US$10 million of approved work-program funding, additional approved funding is expected to be contributed by the parties equally on a 50/50 basis.</p>



<p class="wp-block-paragraph"><strong>Post-award joint venture structure:</strong>&nbsp;Any awarded licenses under the agreed framework are expected to be advanced through the joint venture structure contemplated by the agreement.</p>



<p class="wp-block-paragraph">The agreement provides Power Metallic with a scalable structure for future license participation in Saudi Arabia while allowing the Company to maintain a disciplined approach to capital allocation.</p>



<p class="wp-block-paragraph"><strong>Building on Jabal Baudan</strong></p>



<p class="wp-block-paragraph">Power Metallic&#8217;s Saudi Arabia expansion began with the award of the Jabal Baudan exploration license in the Jabal Sayid Mineralized Belt. The Jabal Baudan property covers more than 200 square kilometers and is located in a highly prospective region known for copper, gold, and zinc mineralization. The area forms part of the broader Jabal Sayid belt, a district recognized for volcanogenic massive sulphide-style mineralization.</p>



<p class="wp-block-paragraph">Power Metallic intends to continue advancing Jabal Baudan through a staged exploration approach, including compilation, reconnaissance, review of historical data, and advanced exploration targeting of high-priority zones. The Company also expects that Saudi Arabia&#8217;s Exploration Enablement Program and broader mining-sector reforms may help support continued exploration investment in the Kingdom, subject to applicable eligibility requirements, approvals, and program availability.</p>



<p class="wp-block-paragraph">The Company views Jabal Baudan as both a high-potential exploration asset and a strategic beachhead for broader participation in Saudi Arabia&#8217;s rapidly developing mining sector.</p>



<p class="wp-block-paragraph"><strong>About Amaar Mining and Amaar Holding</strong></p>



<p class="wp-block-paragraph">Amaar Mining is a Saudi Arabian mining company affiliated with Amaar Holding, a diversified Saudi investment group headquartered in the Kingdom of Saudi Arabia. Amaar Holding was established to diversify investments across sectors and regions with strong economic potential, building on the group&#8217;s roots in real estate, infrastructure development, and strategic partnerships.</p>



<p class="wp-block-paragraph">Amaar Holding traces its origins to Amaar Real Estate, founded in 2011 in the Eastern Province of Saudi Arabia, and has since expanded into a diversified investment platform. Amaar Holding states that its cumulative portfolio exceeds 140 million square meters of developed lands with a value exceeding 40 billion SAR. Through Amaar Mining, the group is seeking to expand its participation in the Saudi mining sector and contribute to the Kingdom&#8217;s Vision 2030 objectives</p>



<p class="wp-block-paragraph"><strong>Qualified Person</strong></p>



<p class="wp-block-paragraph">Joseph Campbell, P. Geo, VP Exploration at Power Metallic, is the qualified person who has reviewed and approved the technical disclosure contained in this news release.</p>



<p class="wp-block-paragraph"><strong>About Power Metallic Mines Inc.</strong></p>



<p class="wp-block-paragraph">Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area (Nisk–Lion–Tiger)—a high–grade Copper–PGE, Nickel, gold and silver system—toward Canada&#8217;s next polymetallic mine.</p>



<p class="wp-block-paragraph">On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to 80% of the Nisk project from Critical Elements Lithium Corp. (TSX–V: CRE). Following the June 2025 purchase of 313 adjoining claims (~167 km²) from Li–FT Power, the Company now controls ~330 km² and roughly 50 km of prospective basin margins.</p>



<p class="wp-block-paragraph">Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger target, and exploring the enlarged land package through successive drill programs.</p>



<p class="wp-block-paragraph">Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages in British Columbia and Chile, by its 50% share ownership position in Chilean Metals Inc., which were spun out from Power Metallic via a plan of arrangement on February 3, 2025.</p>



<p class="wp-block-paragraph">It also owns 100% of Power Metallic Arabia which owns 100% interest in the Jabul Baudan exploration license in The Kingdon of Saudi Arabia&#8217;s Jabal Said Belt. The property encompasses over 200 square kilometres in an area recognized for its high prospectivity for copper gold and zinc mineralization. The region is known for its massive volcanic sulfide (VMS) deposits, including the world-class Jabal Sayid mine and the promising Umm and Damad deposit.</p>



<p class="wp-block-paragraph">Power Metallic is a market awareness client of Capital 10X. For more information, including potential conflicts of interest please see our <a href="https://capital10x.com/terms-and-conditions/">Content Disclaimer</a>.</p>
<p>The post <a href="https://capital10x.com/power-metallic-announces-expansion-in-the-kingdom-of-saudi-arabia-via-joint-venture-with-amaar-mining/">Power Metallic Announces Expansion In the Kingdom of Saudi Arabia via Joint Venture With Amaar Mining</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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		<title>Anfield Energy Completes Drilling of Monitoring Wells at Shootaring Canyon Mill and Slick Rock Mine Complex</title>
		<link>https://capital10x.com/anfield-energy-completes-drilling-of-monitoring-wells-at-shootaring-canyon-mill-and-slick-rock-mine-complex/</link>
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		<dc:creator><![CDATA[Duane Hope]]></dc:creator>
		<pubDate>Wed, 13 May 2026 14:23:47 +0000</pubDate>
				<category><![CDATA[RESEARCH UPDATES]]></category>
		<category><![CDATA[Anfield Energy Inc.]]></category>
		<category><![CDATA[investing in nuclear energy]]></category>
		<category><![CDATA[investing in nuclear power]]></category>
		<category><![CDATA[investing in uranium]]></category>
		<category><![CDATA[NASDAQ:AEC]]></category>
		<category><![CDATA[TSX.V:AEC]]></category>
		<category><![CDATA[uranium mining]]></category>
		<category><![CDATA[uranium stocks]]></category>
		<guid isPermaLink="false">https://capital10x.com/?p=34252</guid>

					<description><![CDATA[<p>Anfield Energy Inc. (NASDAQ: AEC; TSX.V: AEC; FRANKFURT: 0AD) announced the successful completion of monitoring well drilling programs at its Shootaring Canyon Mill in Utah and its Slick Rock Mine Complex in Colorado. This announcement follows the news release of May 4 regarding Anfield’s updated PEA, with its favourable economics and expected mine and mill [&#8230;]</p>
<p>The post <a href="https://capital10x.com/anfield-energy-completes-drilling-of-monitoring-wells-at-shootaring-canyon-mill-and-slick-rock-mine-complex/">Anfield Energy Completes Drilling of Monitoring Wells at Shootaring Canyon Mill and Slick Rock Mine Complex</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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<p class="wp-block-paragraph"><strong>Anfield Energy Inc. (NASDAQ: AEC; TSX.V: AEC; FRANKFURT: 0AD) </strong>announced the successful completion of monitoring well drilling programs at its Shootaring Canyon Mill in Utah and its Slick Rock Mine Complex in Colorado. This announcement follows the news release of May 4 regarding Anfield’s updated PEA, with its favourable economics and expected mine and mill capex payback period of 1.3 years.</p>



<p class="wp-block-paragraph">At the Shootaring Canyon Mill, the Company has drilled eight new monitoring wells. These wells were strategically spaced near proposed process ponds and the tailings management facility to deliver additional baseline groundwater data in advance of operations. The new wells will also serve as ongoing monitoring points facilitating the Shootaring Canyon Mill restart by supporting robust environmental oversight prior, during, and post operations.</p>



<p class="wp-block-paragraph">At the Slick Rock Mine Complex — Anfield’s largest uranium mineral resource estimate<sup>1</sup>&nbsp;in Colorado and the project expected to become the Company’s largest producing mine in the state — three monitoring wells were completed. These wells will facilitate aquifer sampling, and hydrologic characterization prior to the commencement of planned future production activities and will provide essential monitoring data once production begins.</p>



<p class="wp-block-paragraph">“These monitoring well programs represent important milestones in the advancement of both the Shootaring Canyon Mill and the Slick Rock project toward production,” stated Corey Dias, CEO of Anfield. “Anfield has set a clear goal of returning two mines to production each year as we execute our hub-and-spoke strategy. The Shootaring Canyon Mill is well advanced in the renewal of its radioactive materials license with the State of Utah, Velvet-Wood is fully permitted and under construction, JD-8 is in permitting and near turnkey status, and we are now turning our focus to both Slick Rock and JD-7.</p>



<p class="wp-block-paragraph">“The Company’s growth over the past 12 months has been unmatched in the industry, and there has never been a more exciting time in Anfield’s history. By proactively investing in comprehensive environmental data collection, Anfield is demonstrating its commitment to responsible mineral resource development. We take our responsibility as stewards of public lands very seriously and remain focused on balancing mineral extraction with strong environmental protection for the benefit of all stakeholders.”</p>



<p class="wp-block-paragraph">The completion of these wells advances key licensing and operational readiness initiatives for Anfield’s hub-and-spoke uranium and vanadium strategy, centered on the Shootaring Canyon Mill as the central processing facility.</p>



<h3 class="wp-block-heading"><strong>Mine Production Decision</strong></h3>



<p class="wp-block-paragraph">The Company notes that its decision to advance development of its uranium and vanadium portfolio, including the Velvet-Wood uranium &#8211; vanadium project, the Slick Rock Mine Complex and the West Slope project, is not based on a feasibility study of mineral reserves demonstrating economic and technical viability. As a result, there is additional uncertainty and risk related to the economics and viability of development.</p>



<p class="wp-block-paragraph">Douglas L. Beahm, P.E., P.G., is the Company’s qualified person as defined by National Instrument 43-101 &#8211;&nbsp;<em>Standards of Disclosure for Mineral Projects&nbsp;</em>and has reviewed, verified and approved the scientific and technical information contained in this news release. Mr. Beahm is not independent of the Company, as he is the Company’s Chief Operating Officer.</p>



<p class="wp-block-paragraph"><strong>About Anfield</strong></p>



<p class="wp-block-paragraph">Anfield is a uranium and vanadium development company that is committed to becoming a top-tier energy-related fuels supplier by creating value through sustainable, efficient growth in its assets. Anfield is a publicly traded corporation listed on the NASDAQ (AEC-Q), the TSXV (AEC-V) and the Frankfurt Stock Exchange (0AD).</p>



<p class="wp-block-paragraph">Anfield Energy is a market awareness client of Capital 10X. For more information, including potential conflicts of interest please see our <a href="https://capital10x.com/terms-and-conditions/">Content Disclaimer</a>.</p>
<p>The post <a href="https://capital10x.com/anfield-energy-completes-drilling-of-monitoring-wells-at-shootaring-canyon-mill-and-slick-rock-mine-complex/">Anfield Energy Completes Drilling of Monitoring Wells at Shootaring Canyon Mill and Slick Rock Mine Complex</a> appeared first on <a href="https://capital10x.com">Capital 10X</a>.</p>
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