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The Markets
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Small cap wrap: Charbone Hydrogen, Titan Minerals, Serabi Gold...

Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) has released its third quarter financial results, reporting a narrower net operating loss and progress at its hydrogen production facility in Sorel-Tracy, Quebec.

The company said that Phase 1A construction at the Sorel-Tracy site is now complete, with equipment installed and commissioning underway. Charbone expects initial hydrogen production to begin in the coming days.

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Serabi Gold (AIM:SRB, TSX:SBI) shares climbed on Friday after the miner reported interim results, covering the nine months to 30 September, which show gold production rose 19% year-on-year to 32,634 ounces.

It included a record third quarter, which yielded 12,090 ounces.

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European Metals Holdings Ltd (AIM:EMH, ASX:EMH, OTCQX:EMHLF) shares soared more than 60% higher in Friday's opening trades, after the firm announced that its 49%-owned Cinovec lithium project has been approved for a Czech government grant of up to €360 million.

The award, subject to final administrative steps, is under the "Strategic Investments for a Climate-Neutral Economy" programme. The grant will fund eligible capital costs and support large-scale battery material production.

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Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) earlier this week shared drilling results from the Dynasty gold project in Ecuador and confirmed its mineral resource update remains on track for the first quarter of 2026.

The company said infill drilling had consistently intersected the predicted gold veins. It added that the results improve confidence in the geological model and support an upgrade in resource categorisation.

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Riversgold Ltd (ASX:RGL, OTC:RVSGF) earlier this week reported that assay results from the first six drill holes at its Kalgoorlie Gold Project had exceeded expectations.

The company said the results came from a two-phase program targeting shallow mineralisation. Chairman David Lenigas told Proactive that the outcome was “much better than what I originally thought they were going to be.”

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Strata Minerals Limited (ASX: SMX) has begun a maiden reverse circulation (RC) drilling program at its 100%-owned Zelica Gold Project in Western Australia’s Goldfields, testing shallow high-grade gold targets along a 1-kilometre mineralised corridor.

The program, comprising about 20–25 RC holes for roughly 2,000 metres, is focused on infill and step-out drilling to validate and extend historical near-surface oxide mineralisation on the granted mining lease M39/1101. No exploration has been carried out at Zelica for more than a decade.

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