Investorideas.com (www.investorideas.com newswire) a trusted platform for investing ideas including mining stocks
reports on Targa Exploration Corp. (CSE: TEX
| FRA: V6Y | OTCQB: TRGEF).
Targa Exploration Corp. (CSE: TEX | FRA: V6Y | OTCQB: TRGEF) is a
Canadian exploration company engaged in the acquisition,
exploration, and development of gold mineral properties with
headquarters in Vancouver, British Columbia. The Company’s focus is
on early-stage projects in premier mining jurisdictions with strong
potential for making Tier 1 grass roots precious metals discoveries.
Targa’s principal asset is its Opinaca gold project in Quebec where
wide-spread gold mineralization was recently discovered during a
maiden drill campaign in 2025. The Company has also recently
acquired options to earn up to 80% equity interests in the Venidero
and El Zanjon gold-silver projects in Santa Cruz, Argentina and is
actively drilling at El Zanjon.
The stock is trading at $0.7300, up 0.0300 (+4.29%) on news.
Targa Exploration Corp. (CSE: TEX | FRA: V6Y | OTCQB: TRGEF)
(“Targa” or the “Company”) today announced the appointment of Ryan
Weston as the new Vice President of Exploration for the Company. Mr.
Weston has previously held senior leadership roles with Noront
Resources, Carlisle Goldfields, and was most recently the Vice
President of Exploration at Wyloo Canada.
“With the ongoing drill campaign at El Zanjon, where visible gold
was seen in the first hole with assays pending, and our grassroots
gold discovery at Opinaca, Mr. Weston is joining us as Vice
President of Exploration at an exciting time for the Company,”
commented Targa CEO, Cameron Tymstra. “Mr. Weston is
bringing a considerable amount of exploration management and
discovery experience to Targa that he has gained from his more
than 25 years in the industry as a professional geologist. His
proven leadership and technical expertise will be a critical
addition to our team and central to our continued success as we
continue to advance our gold discovery portfolio.”
Ryan Weston brings 25 years of global experience in base and
precious metals exploration to the Company, including 3 years in
Peru exploring for early-stage epithermal gold and porphyry copper
deposits. He played key roles in the successful sale of Carlisle
Goldfields to Alamos Gold in 2016, and of Noront Resources to Wyloo
in 2022. Most recently, he served as Vice President Exploration with
Wyloo Canada, where he led exploration initiatives in Ontario’s Ring
of Fire region. Ryan is a registered Professional Geologist in
Ontario and holds an MBA from Queen’s University, an M.Sc. from
Laurentian University, and a B.Sc. from the University of Toronto.
Targa’s new VP of Exploration, Ryan Weston, commented
“I’m very excited to be joining Cam and the Targa team as we
advance two back-to-back gold discoveries. The Company’s initial
exploration success reflects the team’s exceptional ability to
identify and test these early-stage opportunities. Now the real
work begins in defining the size, grade, and geological controls
of these new discoveries.”
The board of directors and management team would like to sincerely
thank Lorne Warner, Targa’s outgoing Vice President of Exploration,
for his strong efforts and guidance during the Company’s formative
years as a public company.
Stock Options
Targa’s board of directors has approved the issuance of 200,000
incentive options to Ryan Weston. The options have an exercise price
of $0.70 and a term of five years. 25% of the options will vest
immediately with the remaining options vesting at a rate of 25%
every 4 months. The board of directors has also approved the
issuance of 100,000 incentive options to the new Corporate
Secretary, Susy Horna. Those options have an exercise price of $0.70
and a term of five years and will vest immediately. The options were
granted pursuant to the Company’s incentive stock options plan and
are subject to regulatory approval.
For more information and to sign-up to the mailing list, please
contact:
Cameron Tymstra, CEO and President
Tel: 416-668-1495
Email:
cameron@targaexploration.com
Website:
www.targaexploration.com
Special Note Regarding Forward-Looking Statements
This news release includes certain “Forward-Looking Statements”
within the meaning of the United States Private Securities
Litigation Reform Act of 1995 and “forward-looking information”
under applicable Canadian securities laws. When used in this news
release, the words “anticipate”, “believe”, “proposed”, “estimate”,
“expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”,
“schedule” and similar words or expressions, identify
forward-looking statements or information. These forward-looking
statements or information relate to, among other things: the
appointment of Ryan Weston as Vice President of Exploration; the
anticipated contribution of Mr. Weston’s experience to the Company’s
exploration programs; the issuance of stock options to Mr. Weston
and Susy Horna and the vesting of such options; the ongoing diamond
drill program at the El Zanjon gold-silver project; the continued
advancement of the Company’s Opinaca gold project in Quebec; and the
exploration and development of the Company’s mineral properties
generally.
Forward-looking statements and forward-looking information relating
to any future mineral production, liquidity, enhanced value and
capital markets profile of Targa, future payments and other
obligations, agreements, acquisitions and re-organization of Targa
and its affiliates, future growth potential for Targa and its
business, and future exploration plans are based on management’s
reasonable assumptions, estimates, expectations, analyses and
opinions, which are based on management’s experience and perception
of trends, current conditions and expected developments, and other
factors that management believes are relevant and reasonable in the
circumstances, but which may prove to be incorrect. Assumptions have
been made regarding, among other things, the price of gold and other
metals; costs of exploration and development; the viability and
accuracy of reported exploration results; the estimated costs of
development of exploration projects; Targa’s ability to operate in a
safe and effective manner and its ability to obtain financing on
reasonable terms.
These statements reflect Targa’s respective current views with
respect to future events and are necessarily based upon a number of
other assumptions and estimates that, while considered reasonable by
management, are inherently subject to significant business,
economic, competitive, political and social uncertainties and
contingencies. Many factors, both known and unknown, could cause
actual results, performance, or achievements to be materially
different from the results, performance or achievements that are or
may be expressed or implied by such forward-looking statements or
forward-looking information and Targa has made assumptions and
estimates based on or related to many of these factors. Such factors
include, without limitation: price volatility of gold and other
metals; risks associated with the conduct of the Company’s mineral
exploration activities; regulatory, consent or permitting delays;
risks relating to reliance on the Company’s management team and
outside contractors; the Company’s inability to obtain insurance to
cover all risks, on a commercially reasonable basis or at all;
currency fluctuations; risks regarding the failure to generate
sufficient cash flow from operations; risks relating to project
financing and equity issuances; risks and unknowns inherent in all
mining projects, including the inaccuracy of reserves and resources,
metallurgical recoveries and capital and operating costs of such
projects; contests over title to properties, particularly title to
undeveloped properties; laws and regulations governing the
environment, health and safety; employee relations, labour unrest or
unavailability; the Company’s interactions with surrounding
communities; the Company’s ability to successfully integrate
acquired assets; the speculative nature of exploration and
development, including the risks of diminishing quantities or grades
of reserves; stock market volatility; conflicts of interest among
certain directors and officers; lack of liquidity for shareholders
of the Company; litigation risk; and the factors identified under
the caption “Risk Factors” in Targa’s management discussion and
analysis and other public disclosure documents. Readers are
cautioned against attributing undue certainty to forward-looking
statements or forward-looking information. Targa does not intend,
and does not assume any obligation, to update these forward-looking
statements or forward-looking information to reflect changes in
assumptions or changes in circumstances or any other events
affecting such statements or information, other than as required by
applicable law.
Neither the Canadian Securities Exchange nor the Market Regulator
(as that term is defined in the policies of the Canadian Securities
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Research mining stocks at Investorideas.com with our free mining
stocks directory
https://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investorideas.com is a trusted platform for retail investors, serving
as a hub for innovative investing ideas for over 25 years. Known for
its pioneering coverage of sectors like mining, cleantech, defense,
and water stocks, the company and its executives have been featured in
high-profile media outlets for its expertise. Investorideas.com is
always at the forefront of investment trends, offering coverage of
diverse industries such as AI, mining, and tech. With a mission to
empower investors, the company provides breaking news, sector-focused
articles, podcasts, and exclusive interviews with leading experts. In
addition, its award-winning branded content, AI-driven short videos,
and podcasts highlight key investing insights and feature prominent
industry leaders.
Call 800 665 0411.
