Silver Spruce Resources and the Aroland First Nation are pleased to jointly announce the completion and receipt of Western Heritage's independent Phase 1 archeological and cultural study on the Melchett Lake area. The confidential report was reviewed and accepted by Aroland and was submitted to the Minister of Tourism, Culture and Sport as a condition of licensing in accordance with Part VI of the Ontario Heritage Act. "This archaeological assessment provided an opportunity for direct input by Aroland in documentation of the historical, cultural and spiritual importance and heritage values of the Melchett Lake area. This will allow both parties to have available current information, as deemed necessary by Aroland, with respect to certain values in the land held by Arol...

Adamera Minerals Corp. has initiated exploration on its Flag Hill Gold Property near Republic in Washington State. The objective is to set priorities for drilling the many known gold veins on the property. The 100% owned Flag Hill Property has been held by Adamera since 2013. The Republic Gold District is the largest gold producing area in Washington State. Reported production is +4 million ounces of gold and 15.8 million ounces of silver . Mining in the district ceased in 1996 when Hecla Mining suspended operations. Flag Hill is located on BLM land 10 km from the Kinross Kettle River Gold Mill and minutes from the historic town of Republic. "Over the past several years, Adamera has mapped and sampled several gold bearing vein sets on the property. Significant surface gold gr...

Stellar AfricaGold Inc. is pleased to announce that the Company has closed a non-brokered private placement of 12,000,000 units at a price of $0.05 per Unit for gross proceeds of $600,000 . Each Unit is comprised of one common share and one transferable common share purchase warrant . Each Warrant entitles the holder thereof to acquire one additional Share at a price of $0.08 for a period of three years from issuance. No commissions or finders' fees were paid in connection with this Private Placement. The Warrants include a restriction on exercise that will prevent the holder thereof from exercising the Warrants if, at the time of exercise, it would result in the creation of a new Insider or Control Person, as defined under TSXV Exchange policies. The net proceeds received fr...

New Destiny Mining Corp. , provides a further update on its 2024 drilling program at the Treasure Mountain project, near Princeton, BC. Drilling continues at the Jim Kelly gold zone. Hole TMN24-09 aimed to test the mineralized zone intersected in hole TMN24-08 . It was drilled at a steeper angle to intersect the mineralized zone at depth . Figure 1. Cross-section of holes TMN-08 and TMN-09 at the Jim Kelly area. The red dashed line shows the interpreted extension of Jim Kelly mineralized zone. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5001/223519_9f445ba5f43559ce_001full.jpg Hole TMN24-09 intersected an interval of a brecciated rock with carbonate alteration and silicification and disseminated pyrite and chalcopyrite from...

Great Atlantic Resources Corp. is pleased to announce its wholly owned subsidiary, Golden Promise Mines Inc., has begun a diamond drilling program at its Golden Promise Gold Property, located in central Newfoundland. Drill Shack at Jaclyn Main Zone. The fully funded drill program is being conducted at the gold-bearing Jaclyn Main Zone in the area of a planned bulk sample. The 2024 drilling program is being conducted with partner Novamera Inc. and will include Novamera's proprietary Guidance Technology, providing increased data and resource knowledge to define the shape, geometry and continuity of the vein. The drilling is being conducted in ...

All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that following the receipt of all requisite shareholder approvals at the special meeting of shareholders held on Monday, September 16, 2024, it has now completed the second tranche of its previously announced $360 million private placement financings , for aggregate gross proceeds of $70,950,788 . Upon closing of the Second Tranche Offering, the full financing of $360 million previously announced on July 17, 2024 is now complete. The Second Tranche Offering involved the completion of: the second tranche of a brokered private placement , pursuant to which the Company issued a total of 12,563,798 common shares of the Company at an issue price of $4.05 per Common Share, for gros...

Trans Canada Gold Corp. is pleased to announce that it has successfully placed the second newly drilled multilateral well on production. The second multilateral well was just successfully drilled in August and September and all legs were successfully drilled in the GP reservoir. The Operator has finished battery construction and successfully completed the well. The well started production on September 7th and is currently recovering drilling fluid with increased oil recovery percentage. The Company encountered oil in the GP reservoir target zones of interest and oil production rates will be released shortly once production has stabilized. The Company has an 18.75% interest in the well and Area of Mutual Interest . Croverro Energy Ltd., under the terms of the agreement, is the...

Metallis Resources Inc. is very pleased to announce that results from the Company's inaugural field exploration program have returned multiple high-grade silver, gold, lead, zinc, and antimony assays. The Program was carried out at the Company's Greyhound Property , a high-grade silver/gold/antimony project within a historic stibnite mining camp, located in central Idaho, USA. Work included detailed geological mapping, XRF survey, soil sampling and rock sampling, all of which has helped validate historic assays and provides a solid platform for further work. Fiore Aliperti, Metallis' CEO and President, commented, "We are incredibly encouraged by the results from this first-stage of exploration at the Greyhound property, having achieved all of our objectives. Confirming the hi...

Not for distribution to United States newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. VANCOUVER, British Columbia, Sept. 17, 2024 -- - announces a non-brokered private placement for gross proceeds of up to $2.0 million. The Company announces a non-brokered private placement of up to 25,000,000 units for a subscription price of $0.08 per Unit, to raise total gross proceeds of up to $2.0 million. Each Unit will consist of one common share in the capital of Latin Metals and one-half of one common share purchase warrant, with each whole warrant entitling the holder thereof to purchase one Share at a price of $0.15 per Share for a period of 24 months from the closing of the Financing. Certai...

Tactical Resources Corp. , a mineral exploration and development company, provides a corporate update on its Peak Project in response to global rare earth elements supply chain shifts triggered by China's recent regulatory changes. Key Highlights China's restrictions on REEs have disrupted global supply chains, emphasizing the need for diversified REE sources. The Peak Project is uniquely positioned as a U.S.-based REEs developer, helping reduce reliance on Chinese exports. Tactical Resources is advancing its work programs to become a significant REEs producer in the U.S. "China's REE restrictions have created a significant opportunity for Tactical Resources," said Ranjeet Sundher, CEO of Tactical Resources. "Our Peak Project positions us to produce critical REEs domestically...

Peloton Minerals Corp. is pleased to report that a multi-faceted exploration program underway at the 100% owned North Elko Lithium Project in northeastern Nevada has identified an area approximately 25 kilometers square that contains anomalous lithium in an alkaline paleolake basin environment of deposition . This environment is the same as that of the adjacent property of Surge Battery Metals Inc. where a significant lithium deposit has been found within clay layers in an alkaline paleolake basin environment. Geologic mapping suggests the Target Area sampled at surface is likely higher in the stratigraphy than the lithium clay layers identified on Surge's property beside NELP, and that drilling is warranted to test the potential of clay layers below surface. A ...

Ashley Gold Corp. is pleased to announce the approval for drilling at the Burnthut Property located on trend and adjacent to NexGold's Goliath Gold Complex which boasts 2P reserves of 1.3 million ounces of gold and 1.7 million ounces of silver. Darcy Christian, CEO of Ashley comments "We are very keen to get this high impact drill program underway next month. With the discovery of multiple parallel mineralized veins across the system we are optimistic we can target several mineralized zones with this program. We know there are larger mineralized zones on trend either side of the Oro Grande and we feel this program has the potential to create real shareholder value with low dilution." Click Image To View Full Size Figure 1. Preliminary Burnthut Drill Program 2024 Sampling and ...

Forge Resources Corp. is pleased to announce that it has entered into a non-binding letter of intent with Aion Mining Corp. outlining the general terms and conditions of a proposed transaction whereby the Company will acquire a further interest in Aion to bring the Company's total shareholdings in Aion to 60% on a post-closing, fully-diltued basis . The Proposed Transaction In consideration of additional shares of Aion, the Company will pay $5,000,000, comprised of the following: $4,000,000 in cash on closing; and $1,000,000 in common shares of the Company at a price per share equal to the closing of the share price of the Company on the closing date of the Proposed Transaction, subject to CSE policies. The Company will also be granted anti-dilution rights by Aion for a 12-mo...