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CANEX and Gold Basin Resources Announce a Settlement Agreement Has Been Reached with Charrua Capital LLC
CALGARY, AB / ACCESS Newswire / May 6, 2026 / CANEX Metals Inc. ("CANEX" or the "Company") (TSXV:CANX) is pleased to report that Gold Basin Resources Corporation ("Gold Basin") (TSX.V:GXX)has today announced a settlement agreement ("Settlement Agreement") with Charrua Capital LLC ("Charrua") in respect of the disputed enforceability of the unsecured loan agreement dated August 21, 2024 between Gold Basin and Charrua (the "Loan Agreement"). The Loan Agreement bore a principal amount of US$500,000, initial interest rate of 15%, high fees and costs, and restrictions on Gold Basin's use of funds.
The Metals Royalty Company Inc. Enters Into Definitive Agreement to Acquire a Royalty Interest on Mesabi Metallics Iron Ore Project in Minnesota
$132.5 Million Acquisition of an Index-Priced Production Royalty on One of the United States' Only Large-Scale Merchant DR-Grade Iron Ore ProjectsTransaction Highlights:$132.5 million cornerstone royalty acquisition - TMCR has entered into a definitive agreement to acquire a 1.0% Index-Priced Gross Overriding Production Royalty with a Revenue Floor (on production up to 8.5 Mtpa) on the Mesabi Metallics iron ore project in Minnesota, anticipated to be a fully integrated, large-scale source of high‑quality DR‑grade pellets critical to the global green steel transition and the advancement of American domestic steel production.Financing funds acquisition - Transaction financed via allocated $75 million PIPE, including $15 million of participation from founders and insiders, priced at $13.00 per share; and up to a $50 million acquisition credit facility term sheet for a senior secured term-loan credit facility.Near-term, high-quality royalty cash flow - First production targeted for H2 2026 with ramp up to full capacity expected in 2027, implying anticipated initial annual royalty cash flow potential of up to ~$13M+ with further potential upside tied to commodity prices and throughput expansion.Tier-1 asset in a Tier-1 jurisdiction - The Mesabi Project spans more than 16,000 acres in Nashwauk, Minnesota and is expected to be one of the lowest‑cost DR pellet producers in North America, supported by a 23+ year mine life. Over $2.5 billion is planned to be invested by completion date in core infrastructure at the project, which is approximately 93% complete. The project is strategically positioned near key end markets and integrated into well‑established North American transportation networks.Essar Group sponsorship with proven execution - Backed by Essar Group, a global industrial platform with >50 years of experience, ~$15B of revenue, and a track record of building and operating world-class industrial projects including pellet and steel assets - providing TMCR with the sponsor quality and execution certainty that underpins a royalty investment of this nature.Project fully financed based on current expenditure budget to first cash flow - ~$2bn equity invested by Essar Group with additional support by a $520M senior secured facility from Breakwall Capital and a $150M liquidity line from Macquarie Group materially de-risking near-term path to production.Strong US Government validation and strategic relevance: US Export-Import Bank announced support of up to $10B, confirming Mesabi as a strategic national supply chain asset for American green steel.Strategic alignment - Advances TMCR's mission of financing America's mineral security by deploying long-term permanent capital into a strategically critical domestic supply chain asset, aligned with US industrial and defense policy, supporting the development of domestic iron ore production capacity.
Gold Basin Resources Announces Settlement Agreement with Charrua Capital LLC
VANCOUVER, BC / ACCESS Newswire / May 6, 2026 / Gold Basin Resources Corporation ("Gold Basin" or the "Company") (TSXV:GXX) announced today that the Company has reached a settlement agreement ("Settlement Agreement") with Charrua Capital LLC ("Charrua") in respect of the disputed enforceability of the unsecured loan agreement dated August 21, 2024 between Gold Basin and Charrua (the "Loan Agreement"). The Loan Agreement bore a principal amount of US$500,000, initial interest rate of 15%, high fees and costs, and restrictions on Gold Basin's use of funds.
Sun Peak Metals Commences Maiden Drill Program at Safra VMS Project, Saudi Arabia
VANCOUVER, BC / ACCESS Newswire / May 6, 2026 / Sun Peak Metals Corp. (TSXV:PEAK)(OTCQB:SUNPF) ("Sun Peak" or the "Company") today announced the commencement of its inaugural diamond drill program at the 100%-owned Safra Project (comprised of Safra Main, East, and South), a high-priority volcanogenic massive sulphide ("VMS") target located in the Kingdom of Saudi Arabia ("KSA" or "Saudi Arabia").
Apex Widens and Extends Newly Discovered Zone with Significant NdPr Enrichment (>30%)
Highlights:Significant expansion of the newly discovered very highly-enriched NdPr Horizon (herein termed "Neo Zone") at the bottom of hole RIFT26-003 with intercepts including:13.5 m at 1.08% REO (31.7% NdPr)17.2 m at 0.89% REO (39.4% NdPr)22.7 m at 0.79% REO (32.8% NdPr) incl. 10.9 m at 0.99% REO (30.1% NdPr)10.5 m at 0.91% REO (35.2% NdPr)4.7 m at 0.71% REO (51.6% NdPr)4.2 m at 1.31% REO (33.0% NdPr) highlighting potential for significantly higher REO grades at higher NdPr distributions.NdPr represents the highest value component in most rare earth deposits due to its critical use in high-strength permanent magnets.NdPr distributions of 30-50% at appreciable REO grade in RIFT26-003 are significantly higher than the 14-20% typical of carbonatite-hosted REE deposits globally.For example, NdPr enrichment reported on herein is consistently more than double that of the only operating rare earth mine in North America (MP Materials' Mountain Pass), which reports an NdPr ratio of 16.4% (3)NdPr enrichment has now been confirmed over >120 m strike length between RIFT-003 and RIFT-002 (10.0 m at 0.75% REO and 49.0% NdPr - See News Release Dated April 7, 2026). The Neo Zone mineralization remains open in all directions.RIFT-003 also intersected a very high-grade zone higher up in the hole (80.0 m at 2.29% REO including 23.7 m at 4.02% REO) with more typical NdPr distributions (See News Release Dated April 28, 2026).Sean Charland, CEO of Apex Critical Metals, commented: "These results are a major step forward for the project, demonstrating NdPr content over significant intervals and strike far greater than that of typical carbonatites. Results to-date define two seemingly distinct mineralized horizons with a high-grade shallower rare earth oxide zone and a second horizon with exceptional NdPr enrichment, both of which remain wide open for expansion. Results continue to exceed expectations and point towards the potential for a high-value rare earth discovery at a time when demand for critical magnet metals continues to grow. With the addition of four new drill holes and drilling ongoing, we are well-positioned to continue expanding and defining the extent and strength of this system."
Pulitzers honor damning coverage of Trump and his policies
Coverage of the Trump administration dominated the Pulitzer Prizes announced Monday as the prize committee unleashed a searing attack on US President Donald Trump's attempts to limit freedom of reporting.
Troubadour Announces Share Consolidation and Effective Date
VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / Troubadour Resources Inc. ("Troubadour" or the "Company") (TSXV:TR)(OTC PINK:TROUF)(FSE:2QD0, WKN: A3DBDE) announces that further to its news release dated March 27, 2026, the Company will consolidate its issued and outstanding common shares (the "Consolidation") on the basis of ten (10) pre-consolidation common shares for one (1) post-consolidation common share, effective as of Friday, May 8, 2026 (the "Effective Date").
United States Antimony Corporation Announces Webcast set for Thursday, May 14, 2026, at 4:15 PM Eastern Time on First Quarter 2026 Financial and Operating Results
"The Critical Minerals and ZEO Company"~ Antimony, Cobalt, Tungsten, and Zeolite ~
International Battery Metals LTD. to Present at The Sidoti Micro Cap Conference
VANCOUVER, BC AND HOUSTON, TX / ACCESS Newswire / May 5, 2026 / International Battery Metals Ltd. ("IBAT") (TSXV:IBAT)(OTCQB:IBATF), an advanced technology provider of modular direct lithium extraction (DLE) systems, today announced Joseph Mills, Chief Executive Officer, will present at the Sidoti Micro Cap Conference on Wednesday, May 20, 2026.
PPX Mining Provides Operational Update
TORONTO, ON / ACCESS Newswire / May 5, 2026 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX) (the "Company" or "PPX") is pleased to announce strong unaudited operational results for the calendar quarter ended March 31, 2026, from its Callanquitas Mine operation at the Igor Project in La Libertad, Peru. These results were achieved despite challenging operating conditions during the quarter, including heavy rainfall in the region and transportation restrictions caused by elevated water levels in the Chicama River, which impacted bridge access to the site.
Anson Upgrades Green River Lithium Project JORC Mineral Resource Estimate by 650%
Green River Lithium Project JORC Resource estimate increased by 650%Indicated Resource - 183,000 t of lithium carbonate (863% increase),Inferred Resource - 590,000 t of lithium carbonate (602% increase),The interpreted Mineral Resource estimate based on the Mississippian Unit onlyPotential to further increase as the Unit has not been completely drilled thorough,Upgrade is due to new drilling data and additional area resulting in higher confidence level in the stratigraphic thickness and lithium concentration,Scope to increase Indicated and Inferred Mineral Resource, with granting of additional claims.
Silver Spruce Resources Inc. Provides an Update On Jackie and Diamante Projects
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Silver Storm's La Parrilla Mine Laboratory Construction Nears Completion
TORONTO, ON / ACCESS Newswire / May 5, 2026 / Silver Storm Mining Ltd. ("Silver Storm" or the "Company") (TSX.V:SVRS)(OTCQX:SVRSF)(FSE:SVR) is pleased to provide an update on the construction of a new assay and metallurgical sampling laboratory at the Company's 100%-owned La Parrilla Silver Mine Complex ("La Parrilla") in Durango State, Mexico. The Company expects the commissioning process to be completed by the end of 2Q 2026, at which point the laboratory will become fully operational.
Radiant on Track to Build the First Commercial Nuclear Microreactors Factory in America
NRC Launches Accelerated Review of 10 CFR Part 70 License for R‑50 Production Facility in Tennessee
Caledonia Mining Corporation Plc: Results of Annual General Meeting and Appointment of New Chairman
(NYSE AMERICAN:CMCL)(AIM:CMCL)(VFEX:CMCL)
Emerging Growth Research Releases Flash Report on First Phosphate; Maintains Buy Rating and C$4.94 Price Target
NEW YORK CITY, NY / ACCESS Newswire / May 5, 2026 / Emerging Growth Research today released a new Flash Report on First Phosphate Corp. (CSE:PHOS)(OTCQX:FRSPF), maintaining its Buy rating and 12-month price target of C$4.94, representing approximately 277% upside from the recent share price of C$1.31 on May 4, 2026.
5E Advanced Materials to Host Third Fiscal Quarter 2026 Call
HESPERIA, CA / ACCESS Newswire / May 5, 2026 / 5E Advanced Materials, Inc. ("5E" or the "Company") (NASDAQ:FEAM)(ASX:5EA), a company focused on becoming a vertically integrated global leader and supplier of refined borates and advanced boron derivative materials, today announced it will host its Q3 call on Tuesday, May 12, 2026, at 5 p.m. Eastern Time.
Jade Leader Announces CDN$50,000 Sale of Rough Wyoming Jade and Adopts Semi-Annual Financial Reporting
CALGARY, AB / ACCESS Newswire / May 5, 2026 / Jade Leader Corp., ("Jade Leader" or "the Company") is pleased to announce its initial sale of 1,200 pounds (approximately 544 kg) of rough Wyoming ornamental nephrite Jades to a customer fabricating tiles and backlit ornamental architectural surfaces (See November 20, 2025 release: NR 25-05). The Jade to fill in this order was produced in 2019 and shipped from our secure storage facility. This jade was a product of our early Wyoming exploration, where over 22 tonnes of ornamental Jade material was collected from two short trenches. The exploration focus subsequently changed to the more uniform, "gem" jades of the nearby Sky zone, Scorpion and Toad properties. This sale leaves us with an inventory of 20,865 kilos of similar ornamental Jade. See below for more information on our Wyoming Jade program.
Aeonian Resources Reports Initial Drill Results from Koocanusa Project, Confirming Copper-Silver System and Vectoring Toward Higher-Priority Targets
VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / Aeonian Resources Corp. ("Aeonian" or the "Company") (TSX.V:ALTN) is pleased to report initial results from its first diamond drill hole at the Koocanusa Project in southeastern British Columbia, confirming the presence of a mineralized copper-silver system and providing key geological vectoring for follow up drilling.
ESGold Expands Montauban Footprint Through Strategic Claim Acquisitions
44 additional claims totaling 2,448 hectares under binding acquisition agreements as ESGold strengthens its district-scale position in Montauban, Québec
UraniumX Extends Murphy Lake Conductors by 1.45 km; Drill Program to Commence Mid-May
VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / UraniumX Discovery Corp. (CSE:STMN)(OTC Pink:STMXF)(FSE:Q7S) (the "Company" or "UraniumX") is pleased to announce, further to its news release dated March 18, 2026, that the Moving Loop Electromagnetic ("MLEM") ground geophysical survey at the Murphy Lake Property ("Murphy Lake") in the northeastern Athabasca Basin has been completed. The survey was operated by F4 Uranium Corp. (TSXV:FFU) ("F4") and fully funded by UraniumX.
CANEX Announces The Purported Joint Venture Agreement Between Gold Basin And Helix Resources On The Gold Basin Property Is Not Valid
CALGARY, AB / ACCESS Newswire / May 5, 2026 / CANEX Metals Inc. ("CANEX" or the "Company") (TSXV:CANX) is pleased to report that Gold Basin Resources Corporation ("Gold Basin") (TSX.V:GXX) has today announced that the purported joint venture between Gold Basin and Helix Resources Limited ("Helix") (ASX:HLX) (the "Invalid Helix Joint Venture") announced by Helix in its ASX Announcement on April 29, 2026 (the "Helix Announcement") is not valid and has no standing. Accordingly, Gold Basin has the stated opinion that Helix has no interest or rights in the Gold Basin Property.
Gold Basin Resources Refutes Helix Resources April 29, 2026 ASX Annoucement
GOLD BASIN ALERTS MARKET THAT THE PURPORTED JOINT VENTURE AGREEMENT BETWEEN GOLD BASIN AND HELIX RESOURCES ON THE GOLD BASIN PROPERTY IS NOT VALID
Eagle Plains Adds Additional Dispositions at the Pine Channel Au Project, Northern Saskatchewan
CRANBROOK, BC / ACCESS Newswire / May 5, 2026 / Eagle Plains Resources Ltd. (TSXV:EPL)(OTCQB:EGPLF) ("EPL" or "Eagle Plains") is pleased to announce that it has acquired, through the MARS online tenure system, additional mineral dispositions contiguous with it's 100% owned Pine Channel Property, located approximately 40km km west of Stoney Rapids, Saskatchewan. The three dispositions total 996.3ha, increasing the Pine Channel project area to a total of 6059 ha, and cover a Saskatchewan Mineral Deposit Index (SMDI) occurrence.
CoTec Holdings Corp. Upgrades to OTCQX(R) Best Market
VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / CoTec Holdings Corp. (TSXV:CTH)(OTCQX:CTHCF) ("CoTec" or the "Company") is pleased to announce that it has qualified to trade on the OTCQX® Best Market, operated by OTC Markets Group Inc. (OTCQX: OTCM). CoTec upgrades to OTCQX from the OTCQB® Venture Market, effective today.
Atha Energy Completes Mobilization & Commences Diamond Drilling Operations as Part of the 2026 Angilak Exploration Program – Fully Funded and Largest to Date at the Project
HIGHLIGHTSThe 2026 Angilak Exploration Program, is fully funded with the February closing of CAD $63 Million financing, making ATHA one of the best capitalized uranium exploration Companies globally;ATHA completed mobilization to Angilak in late April - including the arrival of a third diamond drill rig - and commenced diamond drilling operations on May 1st, 2026;The 2026 Angilak Exploration Program is focused on expansion and discovery of uranium mineralization across the three mineralized corridors (Figure 2), building upon the highly successful 2024 and 2025 campaigns;Over the two previous programs, ATHA has had unparalleled success, intersecting uranium mineralization in 100% of targets tested. During the 2025 campaign - focused on testing regional targets outside of the Lac 50 Deposit Exploration Target3 area, within the Angikuni Basin - the Company made five new regional discoveries, including the Mineralized RIB Corridor with four new showings;2026 Angilak Exploration Program will be the largest to date at the Angilak Uranium Project, with two primary components:1. Diamond drilling operations: Commenced on May 1st, with three drill rigs scheduled to complete ~20,000 m, continuing through September, focusing on:Mineralized RIB Corridor: Additional discovery potential and expansion, following up on the highly successful 2025 program, which resulted in the four discoveries of uranium mineralization - including RIB North, where the maiden hole intersected 34.7 m of composite uranium mineralization1 with grades up to 8.16% U3O8 over 0.5 m;Lac 50 Deposit Corridor: Testing recently identified, highly prospective, targets along strike from the main Lac 50 Deposit area, and expansion of the Lac 50 Deposit mineralization footprint, which remains open and unconstrained.KU-Nine Iron Corridor: Testing recently identified, highly prospective, targets which directly vector from uranium mineralization intersected in the 2025 KU and historic Nine Iron Discoveries;2. Geophysics: Expert Geophysic's Aerial MMT (EM) survey, scheduled to commence at the end of June:Angikuni Basin: Acquiring full MMT coverage across the 100% ATHA-owned Angikuni Basin. The resulting survey data will then be used to develop a 3D Inversion model of the entire Angikuni Basin. The same highly successful systematic approach ATHA utilized during the 2025 campaign - adding to ATHA's already extensive portfolio of regional targets.
WTI Jumps >3% to ~$105.46 as Strait of Hormuz Reports Signal Near Standstill in Corridor That Typically Moves ~20MM Barrels/Day
WTI moved >3% to ~$105.46 (as of 05/04/26)Recent public reports citing vessel-tracking data indicate Hormuz traffic is near a standstillEIA analysis indicates ~20MM bpd typically transits Hormuz in recent years
FireFox Gold Adds Deeper Mineralization at the Northeast Zone and Extends the East Zone at the Mustajärvi Project, Finland
SODANKYLA, FINLAND / ACCESS Newswire / May 5, 2026 / FireFox Gold Corp. (TSXV:FFOX)(OTCQB:FFOXF)("FireFox" or the "Company") is pleased to report additional assay results and observations from the ongoing drill program at the Company's 100%-held Mustajärvi Gold Project in Lapland, Finland. In this release, FireFox is reporting results from the Northeast and East Zones, as well as the Mustajärvi West target.
Camino Appointments Senior Management to Build and Operate the Puquios Copper Mine in Chile and for Corporate Development
VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / Camino Minerals Corporation (TSXV:COR)(OTCID:CAMZF) ("Camino" or the "Company") is pleased to announce key appointments to its management and operational team to support the advancement of the Puquios copper project ("Puquios" or the "Project") in Chile toward construction and for corporate development. These appointments will further strengthen the Company's operational, financial, and strategic capabilities as it transitions towards development and production in Chile and corporate growth.
Star Copper Multi Target Drill Pad Construction Underway in Preparation for 15,000 Metre Drill Program
VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / Star Copper Corp. (CSE:STCU)(OTCQX:STCUF)(FWB:SOP) ("Star Copper" or the "Company"), a critical minerals exploration and development company, is pleased to announce that drill pad construction has commenced across multiple high-priority satellite targets at its northwestern British Columbia flagship Star Project in preparation for a fully funded 2026 exploration program.
BioLargo Subsidiary Clyra Medical Signs Exclusive Distribution Agreement with Al- Hikma FZCO for ViaCLYR(TM) Across the Middle East, North Africa, and Adjacent Markets
Agreement Extends Clyra's International Reach Through One of the Region's Premier Healthcare Distributors
Grande Portage Resources Publishes McKinley Research Group's Socioeconomic Impact Study for the New Amalga Gold Project
Estimated 565 jobs created in Alaska including 475 in the Juneau area