Discovery Lithium Inc. , a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce that it intends to complete a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.055 per Unit for gross proceeds of up to $550,000 . Each Unit will be comprised of one common share of the Company and one share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of $0.10 per share for a period of 24 months from the date of issuance. In connection with the launch of the Offering, the Company advises that it will no longer proceed with the offering contemplated by the Company's announcement of August 28, 2024. The gross proceeds from t...

The board of directors of Besra Gold Inc. refers to its announcement dated 27 September 2024 concerning the commencement of legal proceedings and advises that it has today engaged Canadian lawyers who will be defending the proceedings on behalf of the Company. The Board authorised the release of this announcement. Michael Higginson Director and Company Secretary N. American Contact: James Hamilton M +1-416-471-4494 E jim@besra.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227607...

NeXGold Mining Corp. and Signal Gold Inc. are pleased to announce that, due to significant demand, its previously announced Concurrent Financing has been oversubscribed and the companies are increasing the aggregate financing size to up to C$17 million, subject to an option to further increase the Hard Dollar Financing by an additional 15%. The Concurrent Financing is being carried out in connection with the proposed plan of arrangement, pursuant to which NexGold will acquire all of the shares of Signal to create a near-term gold developer, advancing NexGold's Goliath Gold Complex Project in Northern Ontario and Signal's Goldboro Gold Project in the historic Goldboro Gold District in Nova Scotia . In addition to the exercise of their respective options to increas...

ROUYN NORANDA, Québec, Oct. 23, 2024 -- Granada Gold Mine Inc. announces a comprehensive deep drill program to the north of the current open pit resource in an area known as the Big Claim to define the extent of gold mineralization within the 2 kilometer east-west strike length of the greater 5.5 kilometer defined mineralized gold structure. Gold mineralization is expected to extend beyond 1600-meter vertical depth based on the last drill program. Drill Program aiming to Support an Updated Gold Resource at Depth Select deep drilling results on the Big Claim confirming High Grade potential: 55.9 g/t gold over 1.00 meters in hole GR-16-14 included in 14.5 g/t gold over 4 meters from 881 to 885 meters. 45.7 g/t gold over 1.00 meters in hole GR-18-03 included in 8.39 g/t gold ove...

Fairchild Gold Corp. is pleased to announce that it has increased the size of its Copper Chief Property by 74%. The project area which encompasses a historic high-grade copper and gold mining camp, is easily accessible by paved road and is located 35 km Southwest of Las Vegas, Nevada. Through direct staking, the Company has acquired an additional 88 mineral claims, bringing the total project land package to 6.5 square miles . Figure 1: New claims obtained by Fairchild Gold Corp To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/10593/227545_21cd1317946a0ad5_001full.jpg This latest project expansion follows a recent property visit guided by ASTER satellite data analysis, which identified promising extensions of mineralization acros...

Arizona Gold & Silver Inc.?? is pleased to announce it has received the final metallurgy report from McClelland Laboratories on agitation and column leach test work performed on two bulk samples from the Philadelphia gold-silver property. The samples were entirely of oxidized material taken from underground and surface workings. The objective of the program was to demonstrate the amenability of 1-2 grams per tonne gold material for heap leaching, the most cost-effective method for recovering precious metals from bulk tonnage gold deposits of this type. Column leach tests are the standard laboratory method for determining the amenability of oxide gold and silver bearing material to heap leach methods. The program established on a preliminary basis the optimum crush and recover...

HIGHLIGHTS Significant Q3 2024 exploration results received from drilling programs at Novo Resource's priority targets across the Pilbara and Belltopper Project . Drilling at Nunyerry North completed in July with 34 RC holes for 3,942 m. The program tested multiple new targets along strike of known mineralisation and down plunge of existing intercepts extending the high-grade Main Lode to 500 m strike/plunge and intersected high-grade gold along the Estrid Fault. Standout intercepts from drilling at Nunyerry North include4: 13 m at 2.68 g/t Au from 66 m, including 3 m at 10.41 g/t Au from 66 m 11 m at 2.20 g/t Au from 84 m, including 1 m at 18.06 g/t Au from 86 m 17 m at 1.85 g/t Au from 25 m, including 7 m at 3.55 g/t Au from 25 m 9 m at 2.52 g/t Au from 87 m, including 2 m at 8.89 g/t A...

South Atlantic Gold Inc. is pleased to provide a general status update on its tenements and permitting status for the Pedra Branca project and the advances that have been made throughout this year. Highlights: Throughout the past 12 months, the Company has successfully submitted the ANMwith theNational Mining Agency of Brazil which provides the guidance rules of the Final Exploration Report for 3 tenements and has also submitted the Partial Exploration Report and requested thepermit extension of 1 tenement . With regards to its 3 main tenements : The Company has worked with Secretaria de Meio Ambiente do Estado do Ceará the environmental agency of the state of Ceara in the past two years to present the Project and all necessary documentation to start the licensing proc...

This press release is being disseminated as required by National Instrument 62‐103 in connection with the filing of an Early Warning Report regarding the acquisition of securities of Guyana Goldstrike Inc. . On October 22, 2024, Gold Mountains Asset Management Limited ceased to have control over 800,000 common shares of the Issuer following the completion of a return to treasury order in the amount of 800,000 Common Shares submitted by Zijin Midas Exploration Fund LLC to the Issuer . There was no compensation paid to the Acquiror or the Issuer following the completion of the Disposition. The Acquiror is a wholly-owned subsidiary of Zijin Mining Group. Immediately prior to the Disposition, the Acquiror had control over 4,060,000 Common Shares, representing 1...

Highlights Antimony has been detected at highly anomalous levels in soil samples collected on the property by the Vendor. The Property comprises over 35 square Kilometers of relatively unexplored ground with excellent access and hydro power. Gold has been panned from streams draining the area. New Brunswick is one of the most mining friendly provinces in Canada Exploration is scheduled to commence immediately on the property. Big Red Mining Corp. announces it has entered into an option agreement with Edge Exploration Inc., to acquire 100% ownership of the Antimony 2.0 Property in New Brunswick, Canada. The property is located approximately 25 kilometers west of Fredericton, the Provincial Capital and approximately 15 km north-northeast of the historic Lake George Antimony Min...

Phenom Resources Corp. is pleased to announce that drilling has commenced on the Company's Crescent Valley Gold Project, 22 km southwest of Carlin, Nevada. The Crescent Valley Gold Project represents a high-grade, bonanza-vein gold prospect strategically located within the Northern Nevada Rift flanking the southwest fringe of the Carlin Gold Trend in Northern Nevada. Dave Mathewson, Director and Geological Advisor to the Company states, "The Crescent Valley Project represents the core portion of the largest quartz vein system in Nevada that I am aware of. The project has a setting remarkably similar to that of the SLEEPER deposit located in Humboldt County, Nevada. The SLEEPER Mine was a high-grade gold mine operated by AMAX Gold from 1986-1996 and was considered the lowest c...

Ur-Energy Inc. wishes to congratulate Constellation on their recently announced power purchase agreement with Microsoft. The deal for 835 megawatts of electricity is the largest ever power purchase agreement for Constellation and will result in the restart of the Three Mile Island Unit 1 nuclear reactor in Pennsylvania. This historic project will contribute 835 megawatts of carbon-free electricity to the grid while creating 3,400 jobs and offsetting approximately 61 million metric tons of CO2 emissions over 20 years. Constellation has named the project the Crane Clean Energy Center in honor of Chris Crane, a well-respected leader in the nuclear industry and a past CEO of Constellation's former parent company. John Cash, Ur-Energy's CEO stated, "We wish to congratulate Constell...

Orestone Mining Corp. is pleased to provide an overview of the Las Burras-Incahuasi project and future exploration plans. The Las Burras-Incahuasi project hosts two large porphyry copper-gold-molybdenum systems located in Salta Province, Argentina approximately 100 kilometres northwest of Salta City. The Las Burras and Incahuasi porphyry systems, which are approximately 3 kilometres apart, have been partially defined by mapping, sampling, trenching, geophysical surveys and very limited drilling. The project has not been adequately tested and no work has been carried out in the area for over 10 years. The systems were initially defined by induced polarization and magnetic surveys that are characterized by resistivity low-conductivity high values and a co-incident magnetic low ...