Golden Cariboo Resources Ltd. announces the granting of 1,400,000 incentive stock options pursuant to its stock option plan to consultants of the Company to directors and officers of the Company, as well as employees and consultants of the Company.. Each option is exercisable to purchase one common share of the Company at a price of $0.23 per share for a term of 5 years. Options, and the shares issuable upon exercise, are subject to a four month hold period from the date of grant. About Golden Cariboo Resources Ltd. Golden Cariboo Resources Ltd. is rediscovering the Cariboo Gold Rush by proceeding with highly targeted drilling and trenching programs on its Quesnelle Gold Quartz Mine property which is almost fully encircled on 3 of 4 sides by Osisko Development . Historically,...

Gabriel Resources Ltd. announces that Mr. Daniel Kochav, the nominee of Tenor Capital Management LLC , has tendered his resignation as a member of the Company's board of directors with immediate effect. Through its affiliate, Enescu Investments, Tenor has waived its right to nominate a successor nominee or observer to the Company's board, also with immediate effect. For information on this press release, please contact: Dragos Tanase President & CEO dt@gabrielresources.com Richard Brown Chief Financial Officer richard.brown@gabrielresources.com Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. About Gabriel Gabriel is a Canadian resource company listed on the TSX Venture Exchange. The Company's...

VANCOUVER, BC, Sept. 16, 2024 /CNW/ - Trading resumes in: Company: Pasofino Gold Ltd. TSX-Venture Symbol: VEIN All Issues: Yes Resumption : 12:15 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specific halt bey...

XAU Resources Inc. is pleased to announce that the shareholders approved all matters put forth for approval at the annual shareholders' meeting held on September 16, 2024 . The shareholders re-elected Gairat Gary Bay, Peter Hambro, Nataliya Hearn, Dan Hrushewsky and Danièle Spethmann to the board of directors and re-appointed RSM Canada LLP to be the auditors of the Company. The shareholders also approved the Company's stock option plan. For further information about the Meeting, please see the Management Information Circular filed under the Company's profile on www.sedar.com. About XAU Resources Inc. XAU Resources is a TSX Venture Exchange-listed company that has the 152.25 km2 Noseno land package in the Trans-Guyana gold belt. The property is in the same greenstone terrane ...

VANCOUVER, BC, Sept. 16, 2024 /CNW/ - The following issues have been halted by CIRO Company: Pasofino Gold Ltd. TSX-Venture Symbol: VEIN All Issues: Yes Reason: Pending News Halt Time : 11:35 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot pro...

Pasofino Gold Ltd. is pleased to provide an update on the strategic review process announced in its August 26, 2024 press release . Pasofino announces today that it has executed an exclusivity agreement dated September 12, 2024 with an arm's length potential purchaser who has proposed to acquire Pasofino for cash consideration of US$75 million , representing a purchase price of US$0.66 per Pasofino Common Shares[1] . As previously disclosed, the Company has been engaged with multiple parties, two of whom have previously provided written proposals to acquire Pasofino, and a site visit has occurred. In light of current gold prices, the Project's NAV and recent M&A transactions for similar gold projects in Africa, Pasofino's management carefully examined several purchase pro...

Frankfurt: QM01 Desert Mountain Energy Corp. From the President of the Company. Desert Mountain Energy Corp. is pleased to announce that the separation of commercial volumes of helium from a complex natural gas stream has been achieved. The processing plant has been recirculating and enriching helium with the end product going into an end user's tube trailer. The facility has been in commercial operation following the resolution of numerous issues by the DME team during the start-up phase. Current production revenue is now expected to cover the overall corporate G&A but will not be reflected in the September 30, 2024, audited year- end financials. The Company anticipates a gradual rise in sales volumes and revenue, with a current emphasis on well workovers and reducing th...

Alta Copper Corp. is pleased to announce the closing of the previously announced non-brokered private placement with Nascent Exploration Pty. Ltd., a wholly owned subsidiary of Fortescue Ltd. . A total of 4,629,630 common shares were issued at a price of Cdn$0.54 for gross proceeds of Cdn$2,500,000. The Common Shares issued will be subject to a mandatory four-month and one day hold period, in accordance with applicable securities law. Giulio T. Bonifacio, Executive Chair and CEO, commented: "The proceeds of the Private Placement will now provide the required working capital to advance our drill permit application, which is progressing on target, and to continue to advance our community engagement and social license. This financing which was priced at above our mark...

Newly listed Golden Rapture Mining Corp. is pleased to announce that the company has commenced a phase II diamond drilling program at its flagship 10,000-acre Tier 1 Phillips Township Gold Property located in the Rainy River District, Nestor Falls, NW Ontario. Our small 500-meter Phase 1 exploratory program involved drilling 18 shallow drill holes with an average depth of approximately 90 ft using a small portable diamond drill. We are pleased to have successfully discovered a series of vertical veins at shallow depths that we believe could have played an important role in the gold deposition in this area known for originally only hosting a large flat-lying quartz structure around the old Combined Mine shafts. Phase 1 Summary announced on September 05, 2024 included Highlight...

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The world's first ship-to-ship transfer of ammonia using vessels at anchorage in a working port environment has been completed. The transfer is a significant step towards realizing ammonia as a shipping fuel and enable bunkering worldwide. Yara contributed with their experience and knowledge on safe handling of ammonia, nominated an ammonia vessel from their Time Charter fleet, and the ammonia used in the transfers. "This demonstrates that ammonia transfer can be done with the highest safety standards and efficiency in a working port environment. The transfer is a major milestone to decarbonize shipping using low-emission ammonia as fuel," says Murali Srinivasan, SVP Commercial Yara Clean Ammonia. The operation is a result of the collaborative relationship between Yara Clean Ammonia, Pilba...

Silver Spruce Resources Inc. and the Ginoogaming 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 Ginoogaming 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 Ginoogaming 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 Ginoogaming, with respect to certain values in the lan...

Fancamp Exploration Ltd. is pleased to announce the appointment of Francis MacDonald to the Board of Directors. Mr. MacDonald brings over 15 years of experience in the mining industry as an exploration geologist by training and as a public markets executive. He currently holds the position of CEO and Director of Li-FT, a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada. Mr. MacDonald was a Co-Founder and the Executive Vice President of Kenorland Minerals, a North American-focused exploration company that generates greenfield exploration opportunities across different commodities. Prior to co-founding Kenorland Minerals in 2016, Mr. MacDonald spent the majority of his career as a geologist with...