South Harz Potash Limited (SHP:AU) has announced Licence Applications Submitted for Glava Cu-Au Project Area
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Jindalee Lithium (JLL:AU) has announced US Government Approves Major Drilling Program at McDermitt
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Peter Krauth, editor of Silver Stock Investor and Silver Advisor, shares his thoughts on silver’s historic move past US$60 per ounce, saying he sees continued strength in 2026.
While the white metal is famously volatile, he believes it could reach US$70 next year.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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finlay minerals ltd. (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF) (‘Finlay’ or the ‘Company’) announces that it has granted an aggregate of 2,725,000 stock options of the Company (each, a ‘Stock Option’) to certain directors, officers, employees and consultants of the Company. Each Stock Option entitles the holder thereof to acquire one common share of the Company at an exercise price of $0.13 until December 10, 2030. The Stock Options were issued pursuant to the terms of the Company’s rolling 10% stock option plan, which was most recently approved by the shareholders of the Company on June 20, 2025.
The above-noted stock option grant brings the total number of the Company’s issued and outstanding stock options to 11,925,000.
The Stock Options vest as of the date of the grant. The Stock Options and any common shares of the Company issued upon exercise of the Stock Options will be subject to a four-month resale restriction from the date of grant of the Stock Options.
About finlay minerals ltd.
Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries.
Finlay trades under the symbol ‘FYL’ on the TSXV and under the symbol ‘FYMNF’ on the OTCQB. For further information and details, please visit the Company’s website at www.finlayminerals.com
On behalf of the Board of Directors,
Robert F. Brown,
Executive Chairman of the Board
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information: This news release includes certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as ‘expect’, ‘plan’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘schedule’, ‘forecast’, ‘budget’, ‘estimate’, ‘intend’ or ‘believe’ and similar expressions or their negative connotations, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’, ‘should’ or ‘might’ occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the Properties. Although Finlay believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements, and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.
SOURCE finlay minerals ltd.
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Aurum Resources (ASX: AUE, “Aurum” or “the Company”) is pleased to announce encouraging, broad gold intercepts from its ongoing 30,000m drilling program at the 0.87Moz Napié Gold Project1 in Côte d’Ivoire. The drill program is designed to grow Mineral Resources at Napié and has successfully confirmed multiple shallow, open-pitable gold intercepts from 18 holes drilled for 5,479m at the Tchaga deposit (0.54Moz @ 1.16g/t Au).
Encouraging new drill intercepts from Napié’s Tchaga deposit include2:
- Tchaga Deposit:
- 5.00m @ 10.09 g/t Au from 209.00m inc. 1.00m @ 49.10 g/t Au (NADD062)
- 50.00m @ 0.62 g/t Au from 363.00m inc. 1.00m @ 7.55 g/t Au (NADD062)
- 10.80m @ 4.52 g/t Au from 73.00m inc. 1.90m @ 23.45 g/t Au (NADD060)
- 36.70m @ 0.66 g/t Au from 93.30m inc. 4.70m @ 1.06 g/t Au (NADD076)
- 6.00m @ 3.82 g/t Au from 226.00m inc. 1.00m @ 22.37 g/t Au (NADD064).
Exploration Growth & Project Development:
- Mineralisation remains open: Gold mineralisation confirmed over 2,300m and remains open along strike and at depth (tested to over 400m vertical), indicating significant potential for resource growth.
- Drilling fleet expanded: Aurum has two drill rigs working at Napié and 12 drill rigs at Boundiali and is targeting more than 130,000m of drilling at Boundiali and Napié in CY2025.
- Major Resource updates pending: Two major MRE updates (Boundiali and Napié) are scheduled for Q1 CY2026, aimed at growing the Company’s current 3.28Moz resource base.
- Well-funded for growth: Aurum maintains a strong balance sheet with ~$43M cash3 to fund its exploration and development programs.
Aurum’s Managing Director Dr. Caigen Wang said: “We are hitting multiple broad shallow, open-pitable gold intercepts from this latest round of step-back diamond drilling at Napié’s Tchaga deposit. Most of these intercepts are outside of the current MRE and have been drilled on a 100m line spacing, and in places down to over 400m vertical depth, well below the current MRE. Within this we are seeing a higher-grade core of around 400m strike, which includes our previous result 17m @ 9.38 g/t gold4 from 236m. Drilling is ongoing and we are awaiting assays which will be used for the planned MRE update in Q1 CY2026.
Our unique advantage is our owned and operated fleet of 12 diamond drill rigs, which allows us to aggressively and cost- effectively test these major gold systems, and we continue to drill with two rigs at Napié in parallel with our aggressive program at Boundiali. We have 12 diamond drill rigs active at Boundiali on multiple deposits, as we focus on delivering an increase in quantity and confidence in our Mineral Resources.
As we close out CY2025 we have a strong cash balance of $43M, a clear development pathway with the Boundiali PFS underway, and resource growth from major updates at both gold projects pending. This places Aurum in an excellent position to continue to deliver substantial shareholder value in 2026.’
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Brightstar Resources (BTR:AU) has announced Menzies Mineral Resource increases 22% to 0.7Moz @ 1.5g/t
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Gary Wagner, executive producer at TheGoldForecast.com, shares his gold and silver outlook, commenting on this week’s US Federal Reserve meeting as well as what could happen in 2026.
While large corrections can occur, he has a bullish long-term outlook for both precious metals.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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Astral Resources (AAR:AU) has announced Strongly Supported $65m Placement to Advance Mandilla
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Perth, Australia (ABN Newswire) – Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announced that data processing of the recently completed high-resolution helicopter-borne magnetic and radiometric survey across the Mojave Project has been finalised.
HIGHLIGHTS
– High-resolution heli-magnetic and radiometric survey has identified a pronounced Thorium anomaly in the North Block claims, a key indicator for potential Rare Earth Element (REE) mineralisation
– The new anomalies are located in the same geological district as the Mountain Pass Rare Earth Mine, the only operating REE mine in the U.S., which is also defined by a strong Thorium signature
– A second Thorium anomaly has been delineated trending parallel and 700m east of the high-grade El Campo Prospect, providing potential for parallel mineralisation
– High-resolution magnetics (40m line spacing) have revealed complex faulting and distinct magnetic domains, providing a detailed structural map to guide target generation
– Immediate field validation is underway, with mapping and sampling to groundtruth these new targets
The survey, flown at a low altitude of 35 metres with tight 40-metre line spacing, has delivered a step-change in data quality compared to historical regional data. This precision has allowed the Company to identify discrete, high-priority targets for further investigation.
Radiometric Data and REE Targeting
The radiometric data have identified a pronounced Thorium anomaly in the northeast extents of the Mojave Project North Block claims (Figure 1*), with a notable weathering feature which correlates with the regional drainage. In addition, a second new Thorium anomaly has been delineated which trends parallel and 700m east of the El Campo Prospect (which also has an elevated Thorium anomaly). Notably, the northern Thorium anomaly coincides with a broad zone of diffuse magnetic response, which may be indicative of alteration or lithology.
Technical Note on Radiometrics: It is important to note that a radiometric sensor detects gamma rays emitted during the decay of radioactive isotopes, each with a specific and unique signature.
– Shallow Detection: The signals are derived from the upper 20-30 centimetres of the Earth’s surface, reflecting shallow lithological compositions rather than deeper stratigraphy
– Surface Expression: Such anomalies may represent surface expressions of alteration, leached zones, or weathered outcrops that could be spatially related to REE mineralisation
– Blind Deposits: For this reason, blind deposits will not be directly detected, and even small surface expressions and anomalies warrant field investigation to ascertain if they are associated with a larger surface alteration or REE mineralisation which could represent the tip of a larger buried target
Additional more discrete anomalies are also evident in the data, and the Company continues to assess and rank these secondary targets.
The newly identified Thorium anomalies are considered significant given their proximity to the Mountain Pass mine rare earth element deposit, located to the west, which is spatially associated with a large Thorium anomaly. It is important to note that the large anomalyevident at Mountain Pass is due to the mining activity which has occurred and distributed the mined rock across the active mine area. The pre-mining anomaly would likely have been much more discrete.
Magnetic Interpretation and Targeting
The newly acquired magnetic data has significantly increased the resolution which in turn has advanced the Company’s geological interpretation. The new magnetic data (Figure 2*) is currently being interpreted and to date has delineated multiple orientations of complex faulting, along with distinct magnetic domains, providing valuable insights into the structural framework, potential zones of alteration, and unmapped lithologies. Structural interpretation and field mapping is underway to support the preliminary interpretations.
A key benefit of the magnetic data is to provide information to support the detailed structural framework which is being developed. The magnetic data does not directly detect primary mineralisation being targeted by the Company but does highlight the structures which act as conduits or pathways for mineralisation. Combined with surface mapping, rock chip sampling and stream sediment sampling, the data will support additional target identification for future drill testing.
Kerrie Matthews, Managing Director & CEO, commented:
‘The results from this high-resolution geophysical survey are a game-changer for our targeting at Mojave. Moving from broad legacy geophysical data to this level of detail is like turning on the lights in a dark room. We can now see clearly defined structural corridors and Thorium anomalies that look geologically similar to the systems, known in the district.
The identification of a potential parallel system near El Campo is particularly exciting and will be a priority for our field teams.’
Next Steps:
Structural interpretation is ongoing, with field teams currently deployed to verify these new anomalies. This ground truthing involving mapping and rock chip sampling is the first step ahead of defining new drill targets for 2026.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/86CRH1E5
About Locksley Resources Limited:
Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.
Mojave Project
Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.
In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.
Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.
Tottenham Project
Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation
Source:
Locksley Resources Limited
Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au
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Steve Barton, host of In It To Win It, weighs in on silver’s price breakout and next targets.
He also shares his outlook for gold, copper, uranium and oil.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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