Argyle Resources Stock Price, News & Analysis

Argyle Resources (OTCQB: ARLYF) has successfully closed its non-brokered flow-through private placement, raising gross proceeds of $1,712,800. The company issued FT Units at $0.58 per unit, with each unit comprising one flow-through share and half a warrant. Each whole warrant allows purchasing one common share at $0.68 within 24 months.

As finder's fees, Argyle paid $102,767.98 in cash and issued 177,180 broker warrants. The proceeds will fund exploration activities at the company's properties in Québec and Ontario. All securities are subject to a four-month hold period.

Argyle Resources Corp. (OTCQB: ARLYF) has announced the filing of 21 mineral lode claims through its exploration partner Rangefront Mining Services with the U.S. Bureau of Land Management in Crook County, Wyoming. The claims, collectively named the Sundance Bear Lodge REE Project, are strategically located in the historic Bear Lodge Mining District.

The Bear Lodge Mining District has been active since 1875 and is known for various minerals including gold, rare earth elements (REEs), and other valuable minerals. Notably, the area hosts the Bear Lodge Critical Rare Earth Project owned by Rare Element Resources Ltd., which has received a non-binding LOI from EXIM for potential debt financing of up to $553 million.

The claims are currently under BLM application processing, with finalization expected within approximately six weeks.

Argyle Resources (OTCQB: ARLYF) has announced its support for the Canadian government's increased focus on critical mineral development as part of enhanced NATO spending commitments. Prime Minister Mark Carney confirmed Canada's plans to meet a new defence spending target of 5% of GDP, with significant investments planned in critical mineral supply chains and infrastructure.

The company's Clay Howells rare earth elements (REE) project in Ontario aligns with this national initiative. Additionally, Argyle has terminated its option agreement for the Frenchvale Flake Graphite Property in Nova Scotia to focus resources on its silica projects and the Clay Howells REE project.

Argyle Resources Corp. (OTCQB: ARLYF) has announced preliminary remote sensing results for its Lac Comporte Silica Project in Quebec's Bas-Saint-Laurent region. The comprehensive survey covered a 33,000-square-kilometre area using Sentinel-2A satellite technology and ASTER analysis over 2,500 square kilometers of high-priority areas.

The study integrated multispectral imagery, gas surveys, and geological data, revealing that hydrogen gas anomalies cover 76% of the claim block, indicating significant exploration potential. The project identified 16 key minerals and multiple high-priority silica targets within the 2,030-hectare claim block comprising 33 contiguous mining claims.

The company plans to conduct detailed ground investigations and sampling in the identified priority areas.

Argyle Resources Corp. (ARLYF) has completed its 2025 field exploration program at the Lac Comporté silica project in Quebec, Canada. The 10-day prospecting campaign collected 172 rock samples and documented 261 geological stations, including 99 quartzite outcrops. The program identified three high-priority target zones with significant high-purity silica potential, featuring continuous quartzite outcrops ranging from 80-150 meters in Target 1, over 1 km of discontinuous quartzite in Target 2, and horizontal stepped walls up to 80 meters thick in Target 3. The exploration focused on the Manoir Richelieu Formation, which extends along an 18 km fold axis. The company plans to initiate stripping and channel sampling programs on promising outcrops once laboratory assay results are received.

Argyle Resources Corp. (OTCQB: ARLYF) has announced the filing of a National Instrument 43-101 technical report for its Saint-Gabriel Silica Project in Quebec, Canada. The project spans 1,312.90 hectares across twenty-three contiguous mining claims, located 364 km northeast of Quebec City with excellent highway accessibility. The quartzite mineralization, found in the Val Brillant Formation, has demonstrated high silica content through historical exploration. The property's strategic location and potential for bulk-minable quartzite positions Argyle to meet growing industrial silica demand. The technical report, to be available on SEDAR+, provides comprehensive details about the project's geological setting, historical exploration, and initial resource assessment.

Argyle Resources Corp. (ARLYF) has announced plans to initiate permitting for a 2000-meter diamond drill program at its Clay Howells Rare Earth Element Project in northwestern Ontario. The program aims to twin six historic drill holes from 2010-2011 campaigns, pending approval from the Ontario Ministry of Mines. This strategic initiative is designed to validate previous drilling results and support the development of an updated NI 43-101 technical report. The project represents a significant opportunity for domestic rare earth element exploration in Ontario, with the company focusing on de-risking the project and positioning itself for future resource delineation and strategic partnerships. The drilling campaign will enable collection of fresh core samples to verify historical assay data and enhance geological interpretations.

Argyle Resources Corp. (ARLYF) has expressed strong support for Ontario Government's new critical minerals initiatives. The comprehensive strategy includes a $500 Million Critical Minerals Processing Fund to boost local mineral processing capacity, and a $3.1 billion investment in Indigenous partnerships, with $3 billion allocated to the Indigenous Opportunities Financing Program. The government is implementing a "One Project, One Process" model to reduce mining project approval times by half, particularly in the Ring of Fire region. The initiative aims to establish Ontario as a global leader in critical mineral development, with Premier Doug Ford emphasizing the province's commitment to securing future resources and economic sovereignty. Argyle's Clay Howells project in Ontario aligns with the province's vision for developing a sustainable critical minerals supply chain.

Argyle Resources Corp. (ARLYF) has announced preliminary remote sensing results for its Matapedia Silica Project in Quebec, Canada. The comprehensive survey covered 11,000 square kilometers using Sentinel-2A shortwave infrared and visible near-infrared data, with additional ASTER long-wave infrared analysis over 2,500 square kilometers of high-priority areas.

The study integrated multi-spectral satellite imagery, gas surveys, gravity data, and geological mapping, identifying 16 key minerals and producing predictive fingerprint target maps for quartzite. Field validation in 2024 confirmed high-silica quartzite presence, with historic samples containing up to 99.6% SiO₂. The Matapedia claim block consists of 16 contiguous mining claims totaling 913.32 hectares, located 370 km northeast of Quebec City.