Wheaton Precious Metals™ Corp. is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International Ltd. has entered into a definitive Precious Metals Purchase Agreement with Montage Gold Corp. in respect to its Koné Gold Project located in Côte d'Ivoire . "With essential permits in place coupled with its impressive scale, we believe the Koné Project stands out as one of the premier gold assets in Africa, and we are excited to partner with Montage to deliver a full financing package for its development," said Randy Smallwood, President and CEO of Wheaton Precious Metals. "Supported by strong shareholder backing from the Lundin Group and Zijin Mining, the Koné Project is expected to significantly boost Wheaton's near-term annual gol...

HIGHLIGHTS: US$825m financing package secured from strategic partners Wheaton Precious Metals and Zijin Mining to fund the build of the Koné project in Côte d'Ivoire, increasing Montage's liquidity sources to US$968m inclusive of cash on hand Wheaton Precious Metals to provide a US$625m gold stream and a US$75m loan facility Montage retains significant exploration upside as the stream is limited to the Koné and Gbongogo deposits plus a 500-meter boundary and an expanded area of interest until certain dropdown thresholds are met Montage can reduce the stream deliveries to nil by supplementing scheduled deliveries with ounces produced from outside of the Koné and Gbongogo deposits, following the delivery of an agreed minimum number of ounces Montage can accelerate its deleveraging with flexi...

Golden Rapture Mining Corp. a mining company focused on gold projects is pleased to announce that it has recently leveraged its non-revolving equity drawdown facility with Crescita Capital LLC . The Company intends to draw down CA$ 50,000 from this facility, resulting in the issuance of a total of 345,000 Common shares at $0.145 per common share. Proceeds from the abovementioned draw from Crescita Capital will be used for exploration and to fund general and administrative expenses. The Company intends to close this financing transaction immediately upon approval of the CSE. Original Equity Draw Down Agreement Terms On March 10, 2023, the Issuer entered into the Investment and Advisory Agreement with Crescita pursuant to which Crescita will provide certain advisory services to...

It was another quarter of record operational performance for Sayona Mining Ltd. , with concentrate production at NAL increasing 5% Quarter on Quarter to 52,141 dmt and material increases in Mineral Resource Estimates at both NAL and Moblan. *To view the Quarterly Report, please visit: https://abnnewswire.net/lnk/1356LV85 To view the Quarterly Report Update Video with Lucas Dow, please visit: https://www.abnnewswire.net/lnk/EK1Y5Y0S About Sayona Mining Limited: Sayona Mining Limited is a North American lithium producer with projects in Quebec, Canada and Western Australia. In Quebec, Sayona's assets comprise North American Lithium together with the Authier Lithium Project and its emerging Tansim Lithium Project, supported by a strategic partnership with American lithium develo...

First Tellurium Corp. announces it has amended the number of units issued pursuant to the first tranche closing of a non-brokered private placement announced on October 15, 2024. The Company issued 9,223,970 units at a price of $0.11 per unit for gross proceeds of $1,014,637. Each Unit consists of one common share and one common share purchase warrant exercisable at $0.15 for a period of two years following the close of the Offering. All securities issued pursuant to the closing of the first tranche will be subject to a four month and one day hold period, expiring February 16, 2024. All other details regarding the private placement remain as disclosed in the October 15, 2024 news release. About First Tellurium Corp. First Tellurium's unique business model is to generate reven...

Image Resources NL is pleased to announce the execution of a binding heavy mineral concentrate offtake prepayment facility for US$20 million with Chinese offtake partner Shantou Natfort Zirconium and Titanium Co., Ltd, in relation to Image's 100%-owned Atlas mineral sands project located 170km north of Perth in the North Perth Basin. HIGHLIGHTS - Image secures binding US$20M Offtake Prepayment Facility with keyChinese offtake partner - Facility is unsecured with a 12-month term and drawdown in two tranches of $US10M - Facility funds to support working capital requirements for the development of 100%-owned Atlas mineral sands project - Facility principal and interest to be repaid by delivery of market priced HMC Natfort has been Image's key offtake customer for HMC produced at...

Gold Resource Corp. announces its preliminary third quarter results, which includes the sale of 1,357 ounces of gold and 181,434 ounces of silver, resulting in total gold equivalent ounces of 3,526. Additionally, the Company sold 1,473 tonnes of zinc, 98 tonnes of copper, and 467 tonnes of lead. During the nine months ending September 30, 2024, the Company sold 15,325 AuEq ounces, 4,926 tonnes of zinc, 559 tonnes of copper, and 1,625 tonnes of lead. Sales Statistics For the three months ended September 30, For the nine months ended September 30, 2024 2023 2024 2023 Metal produced and sold Gold 1,357 3,982 7,638 14,777 Silver 181,434 208,905 632,529 777,977 Copper 98 245 559 904 Lead 467 947 1,625 3,681 Zinc 1,473 2,571 4,926 8,772 Average metal prices realized Gold $ 2,561 $ 1...

Spark Energy Minerals Inc. , an exploration Company focused on the discovery of battery metals in Brazil's prestigious Lithium Valley, is pleased to announce a progress update as the company advances its aggressive "Boots on the Ground" stream sediment and heavy mineral pan concentrate sampling exploration for spodumene rich pegmatites across its prospective 64,359 hectare tenement portfolio. Jon Hill VP Exploration, Country Manager & Director of Spark states, "The immense value we can attribute to the results published in the 2016 and 2023 government reports cannot be understated. Not only have we essentially saved several hundred thousand CAD dollars by not having to repeat this positioning phase of exploration, but we have gained the 12-18 months of upfront time required t...

Lithium Universe Ltd. is pleased to announce that the Becancour Lithium Refinery Definitive Feasibility Study is at full steam and tracking as expected. Highlights - DFS is progressing and on track as expected - Finalizing capital cost estimate for DFS - 80% of supplier pricing program completed - Procurement strategy and material take-offs being finalized - Engineering design tailored to new site conditions - Project led by John Loxton, Head of Refinery - Overseen by Lithium expert, Dr Jingyuan Liu The Company completed and announced its Preliminary Feasibility Study on September 30, 2024, less than 12 months since engaging Hatch Ltd to commence the engineering study. Since releasing the PFS, the Hatch/LU7 project team has been working at full speed to finalize the capital c...

October 23, 2024 - RosCan Gold Corp. is pleased to announce that it has settled an outstanding promissory note in the amount of US$677,000 through the issuance of 10,371,667 common shares in the capital of the Company at a price of $0.09 per Common Share . The Vendor has agreed that it shall not, without the prior written consent of the Company, sell, or otherwise dispose of more than 150,000 Common Shares on any one trading day. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as ...

Bullet Exploration Inc. announces that it has filed its management information circular that was prepared in connection with the annual and special meeting of shareholders to be held on November 25, 2024 . At the Meeting, Bullet shareholders will be asked to consider and, if deemed advisable, pass a special resolution approving the previously announced proposed amalgamation between Bullet and 1492834 B.C. Ltd., a wholly-owned subsidiary of Gold79 Mines Ltd. . Further details about the Transaction, including further particulars of the business of Bullet, Gold79 Mines Ltd., and the post-Transaction combined entity are set out in the Circular, a copy of which is available under Bullet's profile on SEDAR+ at www.sedarplus.ca and will also be available at https://bull...

Nevada King Gold Corp. is pleased to announce that the Company has entered into an agreement with Desjardins Capital Markets on behalf of a syndicate of agents in connection with the private placement offering of up to 29,411,764 common shares of the Company at a price of $0.34 per Common Share for aggregate gross proceeds to the Company of up to $10,000,000 . The net proceeds of the Offering are intended to be used to advance Nevada King's Atlanta Gold Mine Project and for general corporate purposes. The Common Shares to be issued under the Offering are expected to be offered for sale on a commercially reasonable "best efforts" fully marketed basis primarily by way of the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions to...

Electric Metals Ltd. announces that it has granted, under its Omnibus Equity Incentive Plan, a total of 7,500,000 stock options to directors and officers. One million of the stock options vest on February 1, 2025 and have an exercise price of C$0.25. Six million of the stock options vest based on key performance metrics with an exercise price of C$0.25. The remaining 500,000 have an exercise price of C$0.35 per share and vest immediately. All stock options granted today expire five years after the grant date. About Electric Metals Limited Electric Metals Limited is a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota...