Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) has reported additional assay results from its winter 2026 drill program, highlighting continued high-grade copper-equivalent intersections at its Lion Zone at its polymetallic Nisk project in Quebec, as the company advances toward a planned mineral resource estimate later this year.
The company said infill drilling across approximately 200 metres of strike length is helping define the core and western extent of the Lion Zone at a depth of roughly 100 metres below surface. The work is intended to support an indicated resource classification and assess the potential for open-pit development.
First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) announced that it has raised more than $3 million through the recent exercise of share purchase warrants, adding to its funding base as it advances development plans.
The company reported gross proceeds of $3,070,549 following the exercise of 2,456,439 warrants ahead of their expiry in late April, with each warrant converted at a price of $1.25 per share.
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF, FRA:Z620) has fulfilled a US$250,000 cash commitment toward its earn-in obligations for a 29% participating interest in the M47c,d oil block, an onshore exploration asset in southeastern Türkiye, the company said.
Shares of Trillion added 9% on the update.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) has announced a series of management appointments as the company advances its Angel Island lithium project in Nevada through permitting and pre-construction development.
The company said the appointments are intended to strengthen its technical, environmental, and operational capabilities as it moves the wholly owned project toward the next stages of development.
NanoViricides (NYSE-A:NNVC) said on Monday its broad-spectrum antiviral drug NV-387 has been granted Orphan Drug Designation (ODD) by the US Food and Drug Administration, a regulatory milestone the company said could help accelerate the drug's path to approval as a measles treatment.
The designation, granted by the FDA's Office of Orphan Products Development, makes NanoViricides eligible for tax credits on qualified clinical trials, exemption from certain user fees, and up to seven years of market exclusivity following approval.
Stellar Resources Ltd (ASX:SRZ, OTC:SLROF) has secured firm commitments to raise $22.1 million before costs through a placement priced at 3.3 cents per share, strengthening its balance sheet as it advances the Heemskirk Tin Project in western Tasmania.
The raising includes the previously announced $17 million strategic placement to Metals X Limited (ASX:MLX), Australia’s largest tin producer, alongside a further $5.1 million placement to existing and new institutional and professional investors.
American West Metals Ltd (ASX:AW1, OTCQB:AWMLF) has received firm commitments to raise A$10 million through an institution-led strategic placement to domestic and global institutional, sophisticated and professional investors.
The placement will comprise 222,222,223 new fully paid ordinary shares at A$0.045 per share, with 1 free AW1O option to be issued for every 2 shares subscribed, subject to shareholder approval at a general meeting.
Cyprium Metals Ltd (ASX:CYM, OTCQB:CYPMF) last week outlined strong quarterly progress at its Nifty Copper Complex, with the company remaining on track for first cathode production in the September quarter of 2026.
Executive chairman Matt Fifield said the phase one restart is advancing steadily, with the project now approximately halfway complete in terms of planned hours and budget. He noted that significant progress had been made on heap leach infrastructure, while key capital equipment had begun arriving on site. Fifield described the team as “firing” despite a more complex global operating environment.
NewPeak Metals Ltd (ASX:NPM, OTC:NPMFF, FRA:NPM) has begun drilling at its Las Opeñas gold project in Argentina, launching a campaign designed to test the scale potential of a gold-dominant polymetallic system in one of the country’s most active mining regions.
The company confirmed that a minimum 2,500-metre diamond drilling program is now under way across about nine holes, with flexibility to expand depending on results and field observations.