NovaGold Resources Inc. will release its 2024 third quarter financial results after market close on October 2, 2024. A conference call and video webcast to discuss these results will take place October 3, 2024, at 8:00 am PT . During the webcast, NOVAGOLD's President and Chief Executive Officer, Greg Lang; and Vice President and Chief Financial Officer, Peter Adamek, will provide a summary of the company's third quarter financial results and an update on the Donlin Gold project. Questions may be submitted prior to the call at info@novagold.com. Conference call participants will also have an opportunity to ask questions during the webcast following the presentation. The video webcast and conference call-in details are provided below. Video Webcast: www.novagold.com/investors/eve...

After Tax NPV5% of US$111 Million at US$2,100/oz Au price After Tax NPV5% of US$153 Million at Spot prices 1 Average annual production targeted at approx. 56,000 Gold Equivalent Ounces 2 Life of Mine Average annual EBITDA of US$49 Million and FCF of US$25 Million LOM average EBITDA of US$64 Million and FCF of US$34 Million at Spot prices 1 Mine life of 5 years, from April 2024 based on existing Resources Average Cash Costs of US$866/oz; Avg AISC US$1,148/oz No Material Upfront Capital Expenditures required Updated Mineral Resource Estimate contains 490,000ozs of Measured and Indicated Resources and 121,150 ozs of Inferred Resources with potential upside from continued drilling & resource expansion Spot prices; Au: US$2,400/oz and Ag:US$29/oz GEO calculated by multiplying recovered silver o...

- Margins increased in fourth quarter, following exit from West Africa and continued demand for drilling services from senior and intermediate mining customers - VAL-D'OR, QC, Sept. 19, 2024 /CNW/ - Orbit Garant Drilling Inc. today announced its financial results for the three-month period and fiscal year ended June 30, 2024. All dollar amounts are in Canadian dollars unless otherwise stated. Financial Highlights Three months ended June 30, 2024 Three months ended June 30, 2023 Fiscal year ended June 30, 2024 Fiscal year ended June 30, 2023 Revenue 45.3 46.8 181.2 201.0 Gross Profit 7.3 0.7 20.4 18.3 Gross Margin 16.1 1.4 11.2 9.1 Adjusted Gross Margin ¹ 21.7 15.9 16.7 16.2 Adjusted EBITDA¹ 6.4 1.8 14.4 19.1 Net earnings Net earnings per share - Basic and diluted This is a no...

September 19, 2024 - Miramichi, New Brunswick ? TheNewswire - SLAM Exploration Ltd. announces closing of its non-brokered flow-through private placement announced August 16, 2024 and September 13, 2024. In connection with the private placement, the Company has issued 16,350,101 Flow Through Units at a price of $0.03 per FT Unit for gross proceeds of $490,503.03. Each FT Unit will be comprised of one common share of the Company issued on a "flow-through" basis and one-half common share purchase warrant issued on a "non-flow-through" basis. Each Warrant will entitle the holder thereof to acquire one non-flow-through common share at a price of $0.05 for a period of 24 months from the date of closing. The FT Units are subject to a four-month and one day hold period that expires on...

Auxico Resources Canada Inc. announces the resignation of Melissa Sanderson and Byron King from the Board of Directors of Auxico, effective immediately. Auxico thanks Ms. Sanderson and Mr. King for their valuable contributions to the Board over the past years and wishes them success in their future endeavors. The Board is currently evaluating alternatives with respect to the appointment of independent directors to fill the vacancies. About Auxico Resources Canada Inc. Auxico Resources Canada Inc. is a Canadian company that was founded in 2014 and based in Montreal, trading on the Canadian Stock Exchange under symbol AUAG. Auxico is engaged in the acquisition, exploration and development of mineral properties in Colombia and Bolivia. Additional information on Auxico can be fou...

Molten Metals Corp. , announces the resignation of Rana Vig from the Board of Directors. The Board expresses its sincere gratitude for the valuable contributions made by Mr. Vig during his tenure with the company. Concurrently, the Board is pleased to announce the appointment of Adrian Smith as the newest member of the Board of Directors. Mr. Smith, PGeo, BSc, is a registered professional geologist with over 15 years' experience working in mineral exploration industries who sits on the boards of multiple public issuers. Mr. Smith graduated from Simon Fraser University with a Bachelor of Science degree specializing in geology, and has been a member of the Engineers and Geoscientists B.C. since 2008. The changes in the Board composition are effective September 19, 2024. For Add...

West High Yield Resources Ltd. is pleased to announce that, further to its news release dated August 29, 2024, the Company had a productive forward-focused meeting with the British Columbia Ministry of Energy, Mines and Low Carbon Innovation on September 4, 2024 . During this meeting, the Company outlined its revised permit application for carrying out the extraction and production of critical minerals at its Record Ridge Industrial Mineral Mine , which included a reduction in the proposed tonnage output to fall under the threshold set by the British Columbia Environmental Assessment Office for reviewable projects for Mineral mines. The Company is also pleased to report that its consultants acted expeditiously and submitted the Amended Application to EMLI on September 17, 202...

First Mining Gold Corp. is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Cormark Securities Inc. and Haywood Securities Inc. under which the Underwriters have agreed to buy on a bought deal basis, 51,852,000 units of the Company at a price of $0.135 per Unit for aggregate gross proceeds of approximately $7 million . The Underwriters have been granted an option to purchase up to an additional 15% of the number of Units issuable under the Bought Deal Offering, exercisable in whole or in part, up to 30 days following the closing of the Bought Deal Offering. In addition, the Company intends to complete a non-brokered private placement of Units for gross proceeds of up to $5 million. Each Unit will consist of one common share ...

Suncor Energy Inc. announced today the commencement of tender offers to purchase for cash certain of its outstanding series of notes listed in the table below for an aggregate purchase price, excluding accrued and unpaid interest, of up to C$800 million . Title of Security CUSIP/ISIN Principal Amount Outstanding Maximum Amount Acceptance Priority Level Par Call Date Maturity Date Reference Security Bloomberg Reference Page Fixed Spread Pool 1 Tender Offers 6.50% Notes due 2038 867229AE6 / US867229AE68 US$954,042,000 C$700,000,000 1 N/A June 15, 2038 3.875% UST due August 15, 2034 FIT1 135 6.80% Notes due 2038 71644EAJ1 / US71644EAJ10 US$881,081,000 2 N/A May 15, 2038 3.875% UST due August 15, 2034 FIT1 140 Pool 2 Tender Offers 3.10% Series 6 Medium Term Notes due 2029 86721ZAP...

ValOre Metals Corp. today announced a non-brokered private placement whereby the Company will issue up to 47,500,000 units at a price of CDN$0.075 per Unit for total gross proceeds of up to CDN$3,562,500 . Each Unit will consist of one common share in the capital of the Company and one non-transferable common share purchase warrant . Each Warrant will be exercisable to acquire one Share at a price of CDN$0.10 per Share for a period of 36 months from the date of issuance subject to an acceleration clause. If the 20-day volume-weighted average trading price of the Shares as quoted on the TSX-V is equal to or greater than $0.15 at the close of any trading day, then the Company may, at its option, accelerate the expiry date of the Warrants by issuing a press release announcing th...

Myriad Uranium Corp. is pleased to announce the results of the Company's Annual General and Special Meeting of Shareholders held Thursday, September 19, 2024 . All of the matters submitted to shareholders at the Meeting were overwhelmingly approved by the shareholders, including the election of all six nominees to the board of directors and the re-appointment of Davidson & Company LLP as auditors for the ensuing year. Joining the board following the Meeting are Marvin Singer and Ian Archbold. Mr. Singer has over 40 years of international experience advising on the legal aspects of mineral exploration and development projects, most recently as a senior partner at the international law firm Norton Rose Fulbright. He has been a consultant to private and public companies since re...

Toronto, Ontario-- - The common shares of Lion Copper and Gold Corp. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date. Lion Copper and Gold Corp. is a Canadian-based mineral exploration company advancing its flagship copper assets at Yerington, Nevada through an Option to Earn-in Agreement with Nuton, a Rio Tinto venture. _________________________________ Les actions ordinaires de Lion Copper and Gold Corp. ont été approuvées pour leur inscription au CSE. Les documents de cotation et d'information seront disponibles sur www.thecse.com à la date de négociation. Lion Copper and Gold Corp. est une société d'exploration minière basée au Canada qui fait progresser ses actifs phares en cuivre à Yerin...

Monumental Energy Corp. is pleased to announce that it will be doing site visits and due diligence on multiple conventional oil and gas opportunities in the Taranaki region located on the north island of New Zealand with New Zealand Energy Corp. . Potential opportunities include the farm-in on several oil workover wells, royalty or streaming arrangements, exploration of new oil and gas targets on NZEC concessions and a bid to acquire new tender blocks. Monumental intends to collaborate with NZEC on these opportunities through Monumental Energy Corp NZ Limited, the Company's recently incorporated wholly-owned subsidiary. Additionally, NZEC owns 50% of the Waihapa production facility, which allows for any oil workover production or new discoveries to be either tru...