Li-Metal Corp. , a leading developer of lithium metal anode production technologies essential for next-generation batteries, today announced the appointment of Keshav Kochhar as its new Chief Executive Officer, effective immediately. Mr. Kochhar is a seasoned executive with extensive experience in the battery and automotive industries. Appointed as interim CEO of the Company on July 8, 2024, he successfully led the sale of the lithium metal production technology to Arcadium Lithium plc, which was completed on August 2, 2024. Prior to this role, Mr. Kochhar served as the Company's COO, where he played a key role in the commissioning of Li-Metal's lithium metal pilot production and lithium anodes pilot production facilities in Markham, Ontario, and Rochester, New York, respecti...

Miata Metals Corp. is pleased to announce that it has entered into an option agreement with the registered owner of the 21,929 ha. Sela Creek gold project in Suriname , allowing Miata to increase its earn-in option to acquire 100% ownership, from the 70% currently held by 79North Inc. . As previously announced, the Company has signed a definitive agreement to acquire 79North, and the Sela Creek Agreement maximizes Miata's exposure to this highly prospective gold property. Suriname contains a prolific gold endowment associated with greenstone belts in the Guiana Shield. It is home to multiple producing gold mines and mature development projects, despite being relatively under-explored compared to other South American and West African countries in the Guiana/West ...

Kobrea Exploration Corp. is pleased to announce that, further to its press release dated August 19, 2024, it has completed the first payment to the optionors under the option agreement dated August 14, 2024 , pursuant to which the Company can acquire up to a 100% interest in certain mineral properties in the Mendoza province of Argentina . The first payment under the Option Agreement consisted of USD$250,000 in cash and the issuance of 100,000 common shares of the Company . The Shares, and all other common shares of the Company issuable under the Option Agreement, will be subject to a hold period of four months and one day following the date of issuance in accordance with applicable securities laws. Under the terms of the Option Agreement, the Company can acquire up to a 100%...

G2 Goldfields Inc. reported its financial results for the fourth quarter and year ended May 31, 2024. The Company's audited consolidated financial statements, management's discussion and analysis and annual information form for the year ended May 31, 2024 are available under the Company's profile on SEDAR+ at www.sedarplus.ca. Dan Noone, President and CEO, commented: "2024 was a milestone year for the Company. We raised approximately $22 million in January from AngloGold Ashanti, which was subsequently augmented by the $42 million private placement completed in August. This strong cash position will allow us to continue to advance our high grade OKO project and execute our exploration plans for our district scale land package." G2 also filed a revised independent technical re...

TSX Venture Exchange: FEO Oceanic Iron Ore Corp. announces that on August 23, 2024, the Company granted a total of 750,000 incentive stock options and 50,000 restricted share units to a director and officer of the Company. The options are exercisable at a price of $0.095 per share for a period of 10 years expiring on August 23, 2034, while the RSUs are expected to vest over a three-year period commencing on August 23, 2024. The stock options and RSU were granted pursuant to the Company's Stock Option Plan and RSU Plan, respectively. OCEANIC IRON ORE CORP. On behalf of the Board of Directors "Steven Dean" Chairman +604 566-9080 Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. SOURCE Ocean...

Assays reveal strong potential for LCT bearing pegmatites Stardust Dyke identified in southeast Highlights: Completed two weeks of fieldwork at the Liberty Property. Collected and sent 127 rock samples to the laboratory for assaying. Two highly prospective zones have been identified: one along strike with Adina East and another in the southeastern portion of the Liberty Property, where additional outcrops and boulders have been observed. Seven anomalous angular boulder and outcrop samples reported K/Rb ratio values below 55, with five samples showing ratios below 7.5, indicating strong potential for LCT pegmatites. ROUYN-NORANDA, QC, Aug. 26, 2024 /CNW/ - Comet Lithium Corp. is pleased to announce the results of the Phase 1 Exploration program conducted during the month of Ju...

Golconda Gold Ltd. is pleased to announce the release of its financial results for the three and six months ended June 30, 2024. A copy of the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2024, prepared in accordance with International Financial Reporting Standards, and the corresponding management's discussion and analysis , are available under the Company's profile on www.sedarplus.ca. All references to "$" in this press release refer to United States dollars. Second Quarter 2024 Highlights: mined 16,623 tonnes of ore from its Galaxy and Princeton ore bodies, with an average grade of 3.03 grammes per tonne compared to 13,492 tonnes at 3.37g/t in the three months ended March 31, 2024 , an increase of 23% in ore ton...

Founders Metals Inc. provides a corporate update and outlines regional exploration targets at the Antino Gold Project in southeastern Suriname. The Company's surficial team is successfully developing key targets for future surface exploration and drilling, including Lower Antino, Lawa, and the Southern Froyo Extension. Founders intends to expand its drill program to include an initial 1,500 metres at Lower Antino, commencing mid-September. Founders' Management and Board of Directors recently sold Company shares for taxation purposes connected with the exercise of Restricted Share Units and resulting tax implications due to the Company's stock price appreciation over the last 18 months. Founders' management organized a block trade with an existing institutional shareholder at ...

ALX Resources Corp. is pleased to announce that it has completed reconnaissance prospecting and sampling programs on its 100%-owned Cannon Copper Project located in Kamichisitit Township approximately 35 kilometres northwest of Elliot Lake, Ontario, Canada. The Project hosts the site of the historic Cannon Copper Mine and Mill, which saw limited copper mining and processing in the late 1960s and early 1970s. Highlights of the 2024 Prospecting and Sampling Programs The Programs were completed in two phases in June and August 2024. The objectives and highlights of the field work were as follows: Collect mineralized rock samples in the area of known historical copper showings first discovered and drilled in the 1960s, and to apply modern, multi-element geochemical analysis to th...

Wedgemount Resources Corp. , is pleased to announce that it has closed the acquisition of additional oil and gas assets located in the Permian Basin of west central Texas pursuant to a Purchase and Sale Agreement with an arm's length private company located in Texas, USA. Under the PSA, Wedgemount has acquired a 100% working interest in the Huggy Assets which cover 20,000 acres of 37 oil and gas leases, hosting 111 producing wells, eight injectors and all surface facilities. Current production from the 111 wells is approximately 72 boe/d of high-quality, low-decline operated production. The area's geology consists of numerous hydrocarbon-producing formations, which management anticipates will be targeted by the Company. Wedgemount made total cash payments to the Seller of US$...

Tower Resources Ltd. is pleased to report that it has completed the first phase of its planned 2024 drilling program on the Rabbit North property in the heart of the Kamloops mining district and is planning a larger Phase II follow-up campaign for mid-September. Phase I Drill Program The Phase I campaign comprised 1015 m in five drill holes, Nos. RN24-050 to 054. Holes 050 and 052 tested for a possible northwestern extension of the favourable magmatic-hydrothermal breccia body that hosts last year's Rainbow porphyry Cu-Au-Mo discovery . Holes 051, 053 and 054 tested three of the four shear-hosted Au targets that are the main focus of the 2024 drilling program . Hole 051 targeted the southern shear trend between the Thunder and Lightning Zones. It was designed to cross the eas...

Champion Electric Metals Inc. is pleased to announce commencement of core drilling at the Western Prospect of the Quebec Lithium Project in the heart of the Eeyou Istchee James Bay territory . The Company plans to drill up to 1,500 metres in the 2024 Phase II program to further test spodumene-bearing pegmatite dikes intersected in Phase I drill holes EIQ24-007 and -008 and identified in recent trench exposures . Initial drilling will focus on a 700 metre-long segment of the recently reported 1,700-metre glacial dispersal train of spodumene-bearing boulders. Additionally, the team will collect a 50 kg sample of spodumene mineralization in pegmatite for metallurgical testing. RJLL Drilling is the drilling contractor with on-site project supervision by GeoVector Management, Inc....

Euro Manganese Inc. is pleased to announce it has entered into an offtake term sheet with Blue Grass Chemical Specialties dated August 23, 2024 for the sale of high-purity manganese metal from the Company's Chvaletice Manganese Project in the Czech Republic. Based in New Albany, Indiana, Blue Grass Chemical has over five decades of experience in producing specialty chemicals in numerous industries. It produces manganese nitrate as a precursor to manganese dioxide and other manganese oxides which are critical components in battery production, particularly lithium-ion batteries, powering everything from electric vehicles to portable electronic devices. High-quality manganese nitrate plays an important role in the performance and longevity of these batteries. Highlights The Comp...