Vancouver, B.C. - Troy Minerals Inc. is pleased to announce that core drilling is underway on the Company's Lake Owen project. The Lake Owen Project is in Wyoming, USA, located approximately 50 km southwest of Laramie, Wyoming . Click Image To View Full Size Figure 1: Project Location Map Troy's drill program targets TiO2 and V2O5 mineralization associated with magnetite in gabbro. Two pad locations were selected for this first phase of drilling with at least one drill hole planned at each pad . Interpretative cross sections based on historical exploration at the selected pad locations are shown in Figure 3. The drill holes will target the Lake Owen Intrusive with planned end of hole in the basement rocks. Click Image To View Full Size Figure 2: Planned drilling pad locations...

Jade Leader is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement consisting of 2,700,000 Units at a price of $0.05 per Unit to raise gross proceeds of $135,000. Each Unit consists of one common share and a half common share purchase warrant. Each full common share purchase warrant entitles the holder to purchase one half of an additional common share at a price of $0.10 per share until August 22, 2027. The Warrants also include an acceleration clause, whereby following the date that is 6 months from closing, in the event the closing price of the Common Shares on the TSX Venture Exchange exceeds $0.25 or more

Encore is mobilizing equipment to begin drilling three horizontal wells starting in the third and fourth quarters of 2024 in an oil proven-productive area near Interstate 23 in Lawrence County, Kentucky. Qualified accredited investors can deduct nearly 100% of their intangible drilling costs with an estimated ~87% of their investment deducted from their income by participating in active horizontal well projects. BOWLING GREEN, Ky., Aug. 22, 2024 /PRNewswire-PRWeb/ -- Encore Energy, Inc. is the lease owner, well operator, and developer of multiple horizontal well projects targeting the productive Berea Sandstone of Lawrence County, which is the #1 oil producing county in Kentucky. There have been over 100 horizontal wells permitted, drilled and/or produced in Lawrence County. ...

Directorate Change Serabi Gold Plc , announces that Clive Line, Finance Director of Serabi, has informed the Board of his intention to retire at the end of December 2024 and as a result to step down from his role with Serabi and as a Director of the Company. Notwithstanding, Mr. Line has agreed with the Board that he will remain available to assist the Company after the end of December 2024 for a period of up to a further six months. The Board will appoint Mr Colm Howlin, the current Group Controller of Serabi, to the role of Chief Financial Officer of the Company to succeed Mr. Line upon his departure. He will be working alongside Mr. Line, during this transition period. Mr. Howlin, is a member of the Institute of Chartered Accountants of Ireland. He has been with the Company...

Global Stocks News - Sponsored content disseminated on behalf of Dolly Varden Silver. On August 19, 2024 Dolly Varden Silver released additional results from the Wolf Vein step-out directional drilling. Dolly Varden Silver is advancing its 100% held Kitsault Valley Project, located in the Golden Triangle of British Columbia, Canada. The 163 sq. km. project hosts high-grade silver and gold resources. The recently consolidated Big Bulk project 5 km to the east is prospective for porphyry and skarn style copper and gold mineralization. Drill hole DV24-412 averaged 606 g/t Ag over 16.20 meters on a 45-meter step-out from 2023 drilling and 31 meters below DV24-404 . Approximately 8,000 meters of an ongoing 25,000m drill program at the Company's 100% owned Kitsault Valley Silver and Gold Project...

Colibri Resource Corp. is pleased to report the results of geological mapping and outcrop sampling recently completed on the Plomo property at the EP gold project located in the Caborca Gold Belt, NW Sonora. Highlights include outcrop grab samples which returned values up to 2.99 grams per tonne Au which extend the footprint of surface mineralization at the San Perfecto target approximately 350 meters and samples from La Culebra target area that returned values up to 4.64 g/t Au occurring over a strike length of approximately 650 m. Ian McGavney, President & CEO of Colibri commented: "The southwest part of the San Perfecto area is on the books as a priority drill target for Colibri. We are extremely pleased with the results of the recent mapping and sampling at San Perfecto w...

NeoTerrex Minerals Inc. is pleased to announce results from its maiden surface exploration program at the Galactic project in eastern Quebec. Highlights A total of 156 grab samples were collected from outcrop and angular boulders ranging from below detection up to 12.23%Total Rare Earth Oxides . 58 samples assayed over 0.1% TREO, including 12 over 1% TREO. Dysprosium content, a critical heavy rare earth element content is significant within 39 samples returning between 0.01% Dy2O3 and 0.54% Dy2O3, including one sample having assayed 4.56% HREO. Neodymium, a light rare earth, is also present with 19 samples assaying between 0.1% and 1.6% Nd2O3. 27 samples assayed significant Niobium values ranging from 0.1%Nb to 1.1% Nb. The Galactic project, spanning 6,160 hectares, is locate...

North Bay Resources Inc. is pleased to announce results from gravity recovery testing of run-of-mine ore from the Mt. Vernon Gold Mine. The run-of-mine ore was crushed in a ball mill to minus 60 mesh and run over a gravity recovery table resulting in two concentrate streams at approximately 10x concentration of gold with assay results as follows: Sample I.D. Gold Platinum Silver oz/ton oz/ton oz/ton #C1 MV Cons 11.95 17.54 7.79 #C2 MV Cons 11.38 2.20 5.59 The testing was completed at Enviro-Chem Analytical Laboratory using run-of-mine ore from the main channel at the Mt. Vernon Gold Mine. While metallurgical testing is ongoing, initial results have confirmed the viability of extraction of gold, platinum, and silver using a basic grind and gravity recovery circuit. The test ci...

Highlights: Received Mexican Government's Quality Environmental Certification Awarded Socially Responsible Enterprise Distinction by Mexican Center for Philanthropy Received Great Place to Work Certification TORONTO, Aug. 22, 2024 -- Discovery Silver Corp. is pleased to announce that it has released its 2023 Environmental, Social and Governance Report, highlighting the Company's current sustainability performance, practices and priorities going forward. Tony Makuch, CEO, commented: "We are pleased to be releasing our 2023 ESG report, which highlights the effectiveness of our people, both in Mexico and Canada, in achieving excellence in responsible mining. In everything we do, our aim is to successfully balance environmental, social, and economic considerations, generate long-...

Westhaven Gold Corp. is pleased to announce that it has entered into a strategic transaction with Talisker Resources Ltd. which will, together with additional staking completed by Westhaven, expand the Shovelnose gold property by 24,000 hectares to 41,623 hectares . The Shovelnose is located within the prospective Spences Bridge Gold Belt , which borders the Coquihalla Highway 30 kilometres south of Merritt, B.C. Westhaven entered into a property purchase agreement dated August 19, 2024 with Talisker to acquire 12 claims covering 23,550 hectares contiguous with its Shovelnose gold property . Westhaven has staked an additional 450 hectares. Please see claims map below. Westhaven has increased its exposure to this emerging epithermal gold district; Spences Bridge ...

Plata Latina Minerals Corp. is pleased to announce that, through its wholly-owned subsidiary Plaminco S.A. de C.V., it has entered into an agreement with a wholly-owned subsidiary of Fortuna Mining Corp. wherein Plata Latina has assigned to Fortuna the mining concession for the La Joya Project in consideration for the right to receive a royalty of 2% of the Net Smelter Returns on the Project commencing at the start of commercial production on the Project. Fortuna may at any time acquire 1% of the NSR for US$1,000,000. The La Joya Project is located in the state of Hidalgo, Mexico. "We are pleased we are able to retain exposure to the future upside at the La Joya Project and add another royalty to our Company," stated Letitia Wong, Plata Latina's President and CEO...

Bravada Gold Corp. announces that it will undertake a non-brokered private placement consisting of up to 10,000,000 units at a price of $0.035 per Unit for gross proceeds of $350,000 . Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share. The Company will make provision for an over-allotment option to allow a purchase of up to 10% additional Units beyond the number of Units in this private placement. Based on successfully completing the Offering, net proceeds from the private placement are proposed to be spent on exploration and land costs, including the exploration program outlined below , and general working capital . No...

Ximen Mining Corp. announces that it has completed mobilizing crews and equipment and is commencing the start of the 2024 drill program at its Brett epithermal gold project near Vernon in southern BC. All equipment including a diamond drill, D6 Cat, Hitachi excavator and ancillary pumps and hoses have been mobilized to the Brett property and a temporary camp has been established. Access trails have been re-opened and the drill is being moved onto the site of the first drill hole for 2024. Field work, including prospecting and surveying activities are also underway. Photos from Brett Project: Unloading equipment and temporary camp To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3028/220720_ximenimage1.jpg Map of Mineralized Zone...