Goldgroup Mining Inc. is pleased to update shareholders on its effort of expanding crushing and leaching capacity at the Company's 100% owned Cerro Prieto Mine located near Magdelana, Sonora State, Mexico. HIGHLIGHTS Primary crusher installed and operational at design capacity of 2,200 tonnes pre day at 80 of 6" for new Crushing Circuit # 2 . C2's Secondary crusher in machine shop for major overhaul. Capacity of 1,250 Tonnes per day at P80 of 1,225 tonnes per day. Expanded pumping and irrigation capacity installed and operational to accommodate the increased tonnage of mineralized material deposited to the leach pads. ADR plant expansion and improvements completed to allow processing of expanded volume of pregnant solution that will be available from doubling of crushed tonna...

Barrick Gold Corp. denies the allegations made by the Malian Ministry of Mines and the Finance Ministry that it had not honored its commitments made under an agreement designed to achieve a more equitable distribution of mineral resource exploitation to the benefit of all stakeholders. As announced by Barrick on September 30, the company and the government agreed on a negotiation framework to achieve a global resolution of their disputes. Since that date, Barrick has been actively engaged with the government in pursuit of such a settlement, the terms of which will be set out in a memorandum of agreement. This memorandum of agreement is intended to settle outstanding differences and to establish the principles that would guide Barrick's partnership with the government in future,...

Kingsmen Resources Ltd. announces that further to a price reservation filed on October 21, 2024 the Company has arranged a non-brokered private placement financing of up to 4,000,000 units , at a price of $0.25 per Unit, to raise up to $1,000,000. Each Unit will consist of one common share and one common share purchase warrant . Each Warrant will entitle the holder to purchase an additional common share at a price of $0.40 for a period of two years from closing. There will be insider participation in the Financing. All securities issued in the Financing are subject to a four-month hold period and to all necessary regulatory approvals, including acceptance of the TSX Venture Exchange. This press release does not constitute an offer to sell or a solicitation of an offer to buy n...

Aris Mining Corp. today announces the pricing of its offering of US$450 million aggregate principal amount of 8.000% Senior Notes due 2029 . The offering is expected to close on or about October 31, 2024. Aris Mining intends to use the net proceeds from the offering of the Notes to fund the redemption of its outstanding 6.875% Senior Notes due 2026 and for working capital and general corporate purposes. Pursuant to the terms of the indenture governing the 2026 Notes, the Company has issued a conditional notice of redemption to redeem the outstanding 2026 Notes, which redemption will be conditional upon the successful completion of the offering of the Notes. The Notes will be offered and sold in the United States only to persons reasonably believed to be qualified institutiona...

Emperor Metals Inc. is pleased to announce that it has arranged a non-brokered private placement of 7,500,000 flow-through shares at a price of $0.11 per FT Share for gross proceeds of $825,000. Each FT Share will qualify as a "flow-through share" within the meaning of subsection 66 of the Income Tax Act . The gross proceeds from the issuance of the FT Shares will be used to incur eligible "Canadian exploration expenses" that will qualify as "flow-through mining expenditures," as such terms are defined in the Income Tax Act , and in addition, with respect to Quebec resident subscribers who purchase FT Shares who are eligible individuals under the Taxation Act , the Canadian exploration expenses will also qualify for inclusion in the "exploration base relating to certain Quebe...

Equinox Gold Corp. will announce its unaudited financial and operating results for the three and nine months ended September 30, 2024 on Wednesday, November 6, 2024, after market close. Equinox Gold will host a live conference call and webcast to discuss the results the following morning on Thursday, November 7, 2024, commencing at 7:30 am PT . Conference call Toll-free in U.S. and Canada: 1-844-763-8274 International callers: +1-647-484-8814 Webcast www.equinoxgold.com The webcast will be archived on Equinox Gold's website until May 7, 2025. Equinox Gold Contacts Greg Smith, President & Chief Executive Officer Rhylin Bailie, Vice President Investor Relations Tel: +1 604-558-0560 Email: ir@equinoxgold.com To view the source version of this press release, please visit https://...

Ioneer Ltd. received its federal permit for the Rhyolite Ridge Lithium-Boron Project from the Bureau of Land Management. With the positive decision, Rhyolite Ridge becomes the first U.S. lithium project approved by the Biden Administration as part of its efforts to accelerate domestic critical mineral production and advances the Esmeralda County, Nevada investment toward construction in 2025 and first production in 2028. Rhyolite Ridge will supply the batteries for more than 370,000 American-made electric vehicles annually and process crucial battery materials on-site in the United States. The project will create an estimated 500 jobs during construction and 350 high paying jobs during its decades in operation. "For more than six years, we have worked closely with state, fede...

Southern Silver Exploration Corp. reports that all resolutions as set out in the Company's notice of meeting and information circular were passed by the requisite majority of shareholders at its annual general meeting held on October 23, 2024. The shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver's rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance. The following incumbent directors were re-elected: Lawrence Page, K.C., D. Roger Scammell, Nigel Bunting, Peter Cheesbrough, Gina Jones and Russell Ball. Eugene Spiering has retired from the Board and the Company would like...

Reykjavík, Oct. 24, 2024 -- Block Listing Six Monthly Return TORONTO, ONTARIO - October 24, 2024 - Amaroq Minerals Ltd. , an independent mine development company with a substantial land package of gold and strategic mineral assets in South Greenland, today makes the following notification pursuant to Schedule Six of the AIM Rules for Companies, regarding its existing block admission arrangements in connection with the Amaroq Minerals Stock Option Plan. Name of applicant: Amaroq Minerals Ltd Name of scheme: Amaroq Minerals ltd. Stock Option Plan Period of return: From: 01 May 2024 To: 24 October 2024 Balance of unallotted securities under scheme from previous return: 10,231,858 Plus: The amount by which the block scheme has been increased since the date of the last return : 0 ...

- O3 Mining O3 Mining Inc. announces that, in connection with its private placement of flow-through units that closed on October 3, 2024 , it has issued 40,000 flow-through units at a price of $1.92 per FT Unit for gross proceeds of $76,800 , on a non-brokered private placement basis, following the exercise of participation rights by the Corporation's strategic investor. Each FT Unit consists of one common share of the Corporation and one-half of one common share purchase warrant , each of which will qualify as a "flow-through share" of the Income Tax Act and section 359.1 of the Taxation Act ). Each Warrant will entitle the holder to purchase one common share of the Corporation at a price of $1.45 per common share until August 28, 2026. After giving effect to t...

Premium Nickel Resources Ltd. announces deposit expansion and high-grade assay results for a further three holes and assays pending for one hole all drilled outside of the initial Mineral Resource Estimate wireframe at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Drill core photos for all highlighted holes released to date, including the holes reported herein, are accessible by Clicking Here and can also be found on the Company's website at www.premiumnickel.com. Assay highlights include: SNUG-24-096-W1: South Limb - deepest intersection drilled to date and located 100 meters down plunge of SNUG-24-089 and outside the National Instrument 43-101 Inferred Resource 12.90 metres of 4.12% CuEq or 2.00% NiEq and 24.50 metres of 2.17% CuEq or 1.05% N...

Puma Exploration is pleased to announce the execution on October 23, 2024 of a definitive option agreement with KG Exploration Inc., a wholly-owned subsidiary of Kinross Gold Corp. with respect to the Williams Brook, Portage and Jonpol properties. Puma's land holdings in Northern New Brunswick Under the terms of the Option Agreement, Kinross will have, subject to certain conditions, the option to earn a 65% interest in the Project by funding a minimum of $16,750,000 in exploration expenditures during a period of five years . In connection with the Option Agreement, Kinross has also agreed to subscribe under a concurrent private placement for treasury common shares of the Co...

Ucore Rare Metals Inc. is pleased to update on its US$4 million Other Transaction Agreement with the US Department of Defense . The work is taking place at the Company's Commercialization and Demonstration Facility in Kingston, Ontario, utilizing its 52-Stage RapidSX™ Demonstration Plant for the separation of mixed heavy and light rare earth elements from a mixed rare earth oxide . Figure 1 - Ucore's 52-stage RapidSX™ Commercial Demo Plant in Kingston, Ontario and its Developing Louisiana SMC in Alexandria, Louisiana To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1119/227691_figure1.jpg During an October 2024 CDF visit by the DoD, the Company reported that it has completed 60% of the stated objectives in the Project...