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Valterra Resource ( (TSE:PDQ) ) just unveiled an update.
Paradigm Gold Corporation has closed the first tranche of a previously announced non-brokered private placement, raising gross proceeds of $520,520 through the issuance of non-flow-through and flow-through units, each bundled with half warrants exercisable over three years. An insider participated in the financing under related-party transaction rules, and net proceeds will support working capital and the 2026 exploration program at the company’s Swift-Katie copper-gold project in British Columbia’s Golden Arc district.
The Swift-Katie project, located near Salmo, B.C., comprises a large, road-accessible claim package hosting the Katie copper-gold-silver porphyry deposit and the Swift gold occurrences, considered analogous to well-known regional producers. Paradigm plans to focus its 2026 work on the Swift gold target, where past drilling has yielded multiple high-grade gold intercepts along a largely untested 1.75-kilometre mineralized corridor, potentially enhancing the project’s resource potential and reinforcing the company’s positioning within a prolific copper-gold region.
More about Valterra Resource
Paradigm Gold Corporation is a Canadian mineral exploration company focused on advancing its 100%-owned Swift-Katie copper-gold project near Salmo in British Columbia’s Golden Arc district. The approximately 8,797-hectare land package hosts the Katie copper-gold-silver porphyry deposit, comparable to Copper Mountain in Princeton, and the Swift gold occurrences, seen as an analogue to the historic Rossland Mining District. The project benefits from road access, nearby infrastructure, and year-round exploration conditions, positioning Paradigm within a prolific regional gold-copper belt.
Exploration at Swift-Katie has previously returned multiple high-grade gold intercepts along the 1.75-kilometre Swift mineralized zone, which remains largely untested and open laterally and at depth. Historical trenching has also indicated the potential for localized zones of very high gold grades along this structural corridor, underscoring the project’s upside potential and strategic importance within Paradigm Gold’s portfolio.
Robert Macdonald, MSc, P.Geo, serves as Exploration Manager and Qualified Person under National Instrument 43-101, overseeing technical work and disclosure for the Swift-Katie project. Governance and strategic direction are led by the board chaired by director Lawrence Page, who formally represents the company in corporate announcements.
Average Trading Volume: 14,293
Technical Sentiment Signal: Sell
Current Market Cap: C$1.26M
Find detailed analytics on PDQ stock on TipRanks’ Stock Analysis page.
