Canadian Critical Minerals Inc. hereby reports that QC Copper and Gold has made an offer to purchase all the outstanding shares of Cuprum Corp. in an all-share deal . Cuprum is a private company which owns 100% of the Thierry Mine project . CCMI currently owns 29.9% of Cuprum and is the second largest shareholder. QC Copper currently owns 7.7% of Cuprum. Following the proposed transaction, CCMI's ownership of QC Copper would be 10.4%. This Acquisition, if completed, will establish QC Copper as one of the largest resource developers in Canada, with two multi-billion pound copper deposits in Quebec and Ontario. Terms of the Acquisition QC Copper will issue all shareholders of Cuprum 1.1538 common shares of QC Copper for every Cuprum common share, based on QC Copper's share pric...

Amex Exploration Inc. is pleased to announce a non-brokered private placement of up to 3,400,000 units of the Company at a price of C$1.15 per Unit for aggregate proceeds of C$3,910,000 . Each Unit will consist of one common share and one half of one Common Share purchase warrant of the Company. Each Warrant will be exercisable to acquire one Common Share for a period of 24 months following the Closing Date of the Offering at an exercise price of C$1.40 per common share, subject to adjustment in certain events. The Company is pleased to advise that Offering is supported by key strategic investors, Eric Sprott, through 2176423 Ontario Ltd., and Eldorado Gold Corp. . "This financing is bolstered by investment from key existing shareholders, and we thank them for the...

Nova Minerals Ltd. is pleased to announce the engagement of world renowned mine optimization experts, Whittle Consulting for optimization of its upcoming project wide economic studies and focused RPM starter mine Pre-Feasibility Study, within its over 500km2 flagship Estelle Gold Project, located in the prolific Tintina Gold Belt in Alaska. In support of the project, Whittle have agreed to take ~18% of their consulting fees in Nova shares. Project Optimization The advancement of the Estelle gold and critical minerals project provides significant leverage to gold and antimony at a time when both commodities are currently at record high prices. The Company has now commenced its activities with Whittle for the purposes of advancing the project optimization with the primary objec...

Winsome Resources is pleased to announce that it has filed the technical PEA study report on its 100% owned Adina Lithium Project, based on the proposed acquisition of the Renard diamond mine and on a National Instrument 43-101 - Standards of Disclosure for Mineral Projects compliant MRE. The full technical report, which has been prepared in accordance with NI 43-101, is available on SEDAR+ under the Company's issuer profile.

VANCOUVER, BC, Oct. 1, 2024 /CNW/ - New Pacific Metals Corp. is pleased to report the results of its Preliminary Economic Assessment for the Carangas project in Oruro Department, Bolivia. The PEA is based on the Mineral Resource Estimate for the Project, which was reported on September 5, 2023, and prepared in accordance with National Instrument 43‐101- Standards of Disclosure for Mineral Projects . Highlights from the PEA are as follows : Post-tax net present value of $501 million and internal rate of return of 26% at a base case price of $24.00/oz silver, $1.25/lb zinc, and $0.95/lb lead; NPV and IRR of $748 million and 34%, respectively, at $30/oz silver; 16-year life of mine , excluding 2-years of pre-production, producing approximately 106 million oz of payable silv...

Goldshore Resources Inc. is pleased to announce that it has entered into an agreement with Eight Capital, as the sole bookrunner and co-lead agent, and together with Clarus Securities Inc., as co-lead agent, on behalf of a syndicate of agents, including Paradigm Capital Inc. pursuant to which the Company has launched a private placement for aggregate gross proceeds of up to $12,500,000 in any combination of: Flow-through shares of the Company , at a price of $0.475 per FT Share, and Charity flow-through shares at a price of $0.53 per Charity FT Share . The Company has granted the Agents an option to offer for sale up to an additional 15% of the FT Securities, in any combination, at their respective issue price . The Over-Allotment Option will be exercisable, in whole or in pa...

Osisko Development Corp. is pleased to announce the successful closing of the first tranche of its previously announced non-brokered private placement, announced on September 4, 2024, pursuant to which the Company issued 13,426,589 units of the Company at a price of US$1.80 per Unit for aggregate gross proceeds of approximately US$24.2 million . The Company anticipates closing a second tranche of the Offering in early October 2024 to accommodate additional interest for the Units, subject to certain conditions including, but not limited to, the receipt of all necessary approvals. Each Unit consists of one common share of the Company and one Common Share purchase warrant of the Company , with each Warrant entitling the holder thereof to purchase one additional Common Share at a...

Capstone Copper Corp. today announced the results of a feasibility study for its Mantoverde Optimized brownfield expansion project . John MacKenzie, Capstone's Chief Executive Officer, commented, "We are excited to release the results of our MV Optimized Feasibility Study which, when combined with our recently released Santo Domingo Feasibility Study, defines the next phase of transformational growth for Capstone. MV Optimized is a capital efficient, high return and low risk expansion project that is expected to bring on an additional 20,000 tonnes per annum of copper for approximately $146 million of capital. We see the MV-SD district producing approximately 250,000 tonnes of copper per annum, placing it amongst the largest producing copper districts in the world, with very a...

Kenorland Minerals Ltd. announces further to its press release dated September 20, 2024, the Company, Sumitomo Metal Mining Canada Ltd. and Centerra Gold Inc. , have completed the exercise of Sumitomo's and Centerra's 'top-up right' to retain its 10.1% and 9.9% interest in the Company, respectively, as granted within the investor rights agreements dated November 5, 2021 and May 28, 2024. An aggregate of 322,640 common shares were issued for aggregate consideration of $338,772. The common shares issuable in the private placement are subject to a statutory hold period in accordance with applicable securities legislation and the rules and policies of the TSXV expiring on January 28, 2025. As Sumitomo is the beneficial owner of more than 10% of Kenorland's outstandin...

BMEX Gold announces that the Company will change its name to "Route 109 Resources Inc." effective Oct 4. At the opening of the market on the Effective Date, the trading symbol of the Company will change from "BMEX" to "RTE", and the new CUSIP and ISIN numbers of the Company will be 779291103 and CA7792911033, respectively. The Company's name change does not affect the rights of its shareholders and shareholders will not be required to take any action in connection with the name change of the Company. Issued share certificates, DRS, or any other types of securities will not be affected by the name change of the Company and will not need to be returned or exchanged. The Company encourages shareholders to contact their brokers or agents with any questions or conc...

Planet Green Metals Inc. is pleased to announce that it has arranged, subject to the acceptance of the Canadian Securities Exchange, a non-brokered flow-through private placement of up to 4,000,000 Shares for gross proceeds of up to $480,000, and a non-brokered working capital private placement of up to 3,500,000 Units for gross proceeds of $350,000. Each Flow-through Unit will consist of one flow-through common share priced at $0.12 per share. Each Working Capital Unit will consist of one common share, priced at $0.10, and one common share purchase warrant . Each WC Warrant entitles the holder to purchase one common share at a price of $0.20 per WC Warrant Share for a period of 12 months from Closing. Finders' fees may be paid on the Offering pursuant to the policies of the ...

Capstone Copper Corp. today announced that the Mantoverde Development Project has achieved commercial production and, following this major corporate milestone, outlines its leadership succession plan. On September 21, 2024, the MVDP achieved commercial production defined as the achievement of reaching a minimum of 30 consecutive days of operations during which the mill operated at an average of 75% of nameplate throughput of 32,000 ore tonnes per day. Strong performance on key metrics, such as concentrate grade and recoveries, were at or above targeted levels for this point of the ramp-up while the mill feed grade has reconciled well with the mine plan model. The Company notes that 2024 consolidated copper production is trending to the low end of the guidance range of 190,000 ...

Jubilee Gold Exploration Ltd. announces that further to the press release dated September 25, 2024, upon the transfer of its listing to NEX Board of the TSX Venture Exchange , the trading in the shares of the Company will be suspended until the Company comes back into compliance with NEX requirements relating to minimum share distribution. Reinstatement to trading can occur only when the Exchange has concluded its reinstatement review to ensure the Company has satisfactorily complied with Exchange requirements. The Company also confirms, as of the date of this news release, that there is no other material information concerning the affairs of the Company that has not yet been generally disclosed. Appointment of Sonia Agustina as Chief Financial Officer The Company is pleased ...