Welcome to our dedicated page for Argyle Resources news (Ticker: ARLYF), a resource for investors and traders seeking the latest updates and insights on Argyle Resources stock.
Argyle Resources Corp. (OTCQB: ARLYF, CSE: ARGL, FSE: ME0) is a junior mineral exploration company whose news flow centers on quartzite silica, rare earth element, and graphite projects across North America. Company announcements describe active exploration programs in Québec, Ontario, Nova Scotia, Idaho, and Wyoming, providing regular updates on field work, drilling, and laboratory analysis.
Recent Argyle news has highlighted drilling campaigns at the Lac Comporté Silica Project in Québec’s Bas-Saint-Laurent region, where NQ-sized core drilling targets quartzitic units identified through mapping and prospecting. Releases have discussed drill plans, hole locations, completed metreage, and the submission of core samples for laboratory assays, as well as surface samples with high reported silica (SiO₂) grades from quartzite horizons.
News from the Matapedia quartzite silica project has focused on Argyle’s silica characterization program, including granulochemical particle size separations and external laboratory testing to quantify silica and impurity distributions. At the Clay Howells Rare Earth Element project in northwestern Ontario, Argyle has issued updates on diamond drilling progress, intersections of magnetite-layered carbonatite, and portable XRF readings indicating rare earth element mineralization.
Investors following ARLYF news will also see coverage of financing activities, such as unit offerings conducted under the listed issuer financing exemption, and corporate updates on permits, approvals, and drill mobilization. Each release typically includes review and approval of technical content by a Qualified Person under National Instrument 43-101.
This news page aggregates Argyle Resources Corp. press releases and third-party coverage so readers can track exploration milestones, drilling results, characterization work, and capital markets developments related to ARLYF and its North American project portfolio.
Argyle Resources Corp (OTCQB: ARLYF) has announced the filing of 22 mineral lode claims near Bovill, Idaho, through its exploration partner Rangefront Mining Services. The claims, collectively named the Bovill Silica Project, are located in an area known for silica and feldspar deposits, including a historical feldspar quarry.
The company has completed a non-brokered private placement raising $300,000 through the issuance of 555,555 units at $0.54 per unit. Each unit includes one common share and one warrant exercisable at $0.65 for 24 months. Additionally, Argyle has granted 600,000 stock options to a consultant and 1,250,000 restricted share units to directors, officers, and consultants.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) has completed the second tranche of its non-brokered private placement, raising $126,000 through the issuance of 300,000 units at $0.42 per unit. The total gross proceeds from the offering amount to $995,400.
Each unit consists of one common share and one warrant, with each warrant allowing the purchase of one common share at $0.53 within 24 months of closing. The proceeds will fund mineral exploration properties and general working capital. All securities issued have a four-month and one-day hold period and are not registered under U.S. Securities Act.
Argyle Resources Corp. (ARLYF) has completed the first tranche of its non-brokered private placement, raising $869,400 through the issuance of 2,070,000 units at $0.42 per unit. Each unit consists of one common share and one warrant, with warrants exercisable at $0.53 per share for 24 months from closing.
The company paid $26,844 in finder's fees and issued 64,200 finder warrants, exercisable at $0.53 for 24 months. Proceeds will fund expenditures on Quebec properties and working capital. Securities are subject to a four-month and one-day hold period and are not registered under U.S. Securities Act.
Argyle Resources Corp. (ARLYF) has completed the acquisition of the Saint Gabriel Silica project in Quebec's Bas Saint-Laurent region. The project comprises 23 contiguous mineral claims covering 1,312.90 ha. The acquisition terms include a $65,000 cash payment and 300,000 common shares to Steadright Critical Minerals Inc., with shares subject to escrow restrictions releasing in three equal tranches over 12 months.
The claims are subject to a 2% net smelter returns royalty, with an option to repurchase half for $1,500,000. The company's planned Phase 1 exploration program will focus on identifying high-purity silica zones through field-based XRF analysis, systematic sampling, laboratory verification, and a 150kg bulk sampling program targeting two high-purity zones.
Argyle Resources Corp (CSE: ARGL) (OTCQB: ARLYF) has announced plans for a non-brokered private placement offering. The company aims to raise approximately $1 million through the sale of units priced at $0.42 per unit.
Each unit consists of one common share and one common share purchase warrant. The warrant holders will have the right to purchase one common share at $0.53 for a 24-month period. The securities will not be registered under the U.S. Securities Act of 1933 and cannot be offered or sold in the United States without registration or applicable exemptions.
Argyle Resources has successfully closed its non-brokered private placement, raising gross proceeds of $1,002,500.14 through the issuance of 1,855,926 FT Units at $0.54 per unit. Each unit comprises one common share and one purchase warrant, allowing holders to buy additional shares at $0.65 within 24 months.
The FT Shares qualify as 'flow through shares' under the Income Tax Act (Canada). Proceeds will be used for Canadian exploration expenses qualifying as 'flow-through critical mineral mining expenditures', which the company plans to renounce to subscribers per Tax Act requirements.
Argyle Resources Corp (CSE: ARGL, OTCQB: ARLYF) announces two non-brokered private placement offerings. The first is a flow-through (FT) private placement of units at $0.54 per unit, aiming to raise up to $1,000,000. Each FT unit includes one share and one warrant exercisable at $0.65 for 24 months. The second is a concurrent private placement at the same price per unit, targeting up to $300,000 in proceeds.
Both offerings are expected to close around December 20th, 2024, subject to regulatory approvals. Securities will have a four-month hold period. The FT shares qualify as flow-through shares under the Income Tax Act (Canada), with proceeds intended for Canadian exploration expenses. The company plans to use the funds to advance its exploration activities.
Argyle Resources Corp. has completed comprehensive field exploration work at its Matapedia Silica Project in St. Moise, Quebec, in partnership with INRS. The program included geological mapping, geochemical sampling, and petrophysical testing. Key activities involved verification of outcrops, gamma spectrometric analysis, lithogeochemical sampling, and collection of 400 samples (15-20 lbs each) for particle size studies. Additionally, a 150 kg sample of high-purity quartzite was collected for further analysis. The exploration work spanned seven weeks across three field interventions in 2024. Airborne drone imagery has been postponed to spring 2025 due to poor weather conditions.
Argyle Resources Corp. has closed a non-brokered private placement, raising approximately $999,998.65 through the issuance of 1,176,469 units at $0.85 per unit. Each unit includes one common share and one purchase warrant, allowing holders to buy a common share at $1.05 within 24 months. The shares qualify as 'flow through shares' under the Income Tax Act (Canada), with proceeds intended for Canadian exploration expenses that qualify as flow-through mining expenditures, which will be renounced to unit purchasers.
Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) announces a non-brokered private placement of flow-through units at $0.85 per unit, aiming to raise up to $1,000,000. Each unit includes one common share and one warrant, with warrants exercisable at $1.05 for 24 months. The flow-through shares qualify under the Income Tax Act (Canada), with proceeds intended for Canadian exploration expenses. The placement is expected to close around November 22, 2024, subject to regulatory approvals, with securities having a four-month hold period.