Golden Cariboo Resources Ltd. announces that drill hole QGQ24-17 has been terminated in a vein zone at a depth of 477.32 m , due to proximity to Osisko Development Corp.'s mineral claims. This is the first time this area has been drilled tested. Drill hole QGQ24-17 was drilled at an azimuth of 000 degrees and a dip of -45 degrees. See the map in Figure 1 for further details. Golden Cariboo's President and CEO, Frank Callaghan stated "We just kept hitting veining and alteration in this drill hole! The only thing that stopped us from drilling further was the claim boundary with Osisko Development Corp. Our team has seen similar styles of veining in this drill hole and the previous holes that we saw at Halo zone. These are exciting broad vein zones, now we've just ...

Epanko Front-End Engineering Design Completed Pre-Development Tailings Storage Facility and Water Storage Facility Drilling Works Completed EcoGraf Limited is pleased to advise the Epanko Graphite Project Front-End Engineering Design is now completed. Completion of the FEED study by METC Engineering and Construction in conjunction with their Tanzanian joint-venture operation, METC-PaulSam, provides for the overall control base for the execution of the Project. The FEED study output included designs for all disciplines and developed the scope of work, schedule and control budget for the process plant. The updated process plant design for the Project is based on proven metallurgical processes that optimises recovery and minimises operating costs. Equipment selection has been based upon test ...

Cornish Metals Inc. , a mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom, announces that it has granted 2,500,000 incentive stock options over common shares without par value in the Company to Don Turvey, Chief Executive Officer. The exercise price of the Options granted herein is £0.085 per share . These Options have a five-year term, whereby the Options vest over a three-year period, with one third of the Options vesting at the end of each year. The Options will expire on October 21, 2029. The Company's Stock Option Plan allows for the issuance of up to 10% of the Issued Share Capital of the Company. Prior to this grant, the Company had 26,950,000 options issued, representing 5....

Orosur Mining Inc. - Colombia update High grade and highly anomalous rock chip, channel and soil samples across a wide area at Pepas increase the prospectivity of the region. Historical sampling results from the El Cedro and El Roble prospects suggest highly prospective porphyry system that the Company plans to follow up in the near term. LONDON, UK / ACCESSWIRE / October 22 2024 / Orosur Mining Inc. , is pleased to announce an update on the progress of exploration activities at the Company's Anzá Project in Colombia. As announced on September 10th 2024, the Company has signed a definitive, binding Share Purchase Agreement that once completed, would see the Company returning to 100% ownership of the Anzá Project, in return for deferred, production based consideration. The Anz...

Great Western Exploration Ltd. is pleased to announce that it has received binding commitments, predominantly from large existing shareholders, to raise approximately $2.5 million. The placement ensures that Great Western is fully funded for its planned maiden drilling programmes at its exciting Sumo Niobium target and six VHMS targets at Juggernaut, in addition to the current drilling of both the Oval and the Oval South Winu Style intrusive related copper-gold targets, all within the Company's 100% owned Yerrida North Project. The Company is currently advancing preparations to commence these programmes following completion of drilling at Oval and Oval South. Great Western's Managing Director, Mr Shane Pike commented "These funds will ensure that we can undertake our maiden d...

Big Gold Inc. is pleased to announce the launch of a non-brokered private placement of securities for up to $175,000 . The Offering will be comprised of a combination of: non-flow-through units to be sold at a price of $0.025 per NFT Unit for aggregate gross proceeds of up to $75,000 ; and flow-through units to be sold at a price of $0.04 per FT Unit for aggregate gross proceeds of up to $100,000 . Each NFT Unit will be comprised of one common share in the capital of the Company and one-half of one common share purchase warrant . Each FT Unit will be comprised of one Common Share that will qualify as a "flow-through share" within the meaning of subsection 66 of the Income Tax Act and one-half of one Warrant. The Warrants for all units will be subject to the same terms, with e...

Mustang Energy Corp. is pleased to announce two major developments: First, the Company has received exploration permits from the Saskatchewan Government, authorizing ground-based exploration activities at the Ford Lake Project located in the Athabasca Basin, Saskatchewan. Second, Mustang has also received approval for eligibility with The Depository Trust Company , allowing for electronic clearing and settlement of its shares traded in the United States on the OTC Markets. The exploration permit, valid from September 1, 2024 to September 30, 2027, allows for key exploration activities, including ground-based geophysics, trail construction, the establishment of a temporary work camp and diamond drilling. Mustang plans to commence ground-based geophysics in due course, followed...

Key Highlights Received commitments of approximately C$16.3 million through a private placement financing utilising flow-through share provisions available under Canadian tax law and traditional hard dollar placement to institutions and accredited investors. Received very strong demand from new, global institutional investors and existing shareholders including B2Gold Corp. who increased their ownership. Financing structured in two tranches to accommodate heavy demand above placement capacity with second tranche subject to shareholder approval. Proceeds from the financing to advance the Company's exploration programs in Newfoundland and Labrador, Canada and proceeds from the hard dollar placement are to be used for working capital purposes. AuMega Metals Ltd. is...

Starcore International Mines Ltd. is pleased to announce that operations at San Martin have resumed with the mine returning to normal capacity and productivity, following the upgrades to safety standards that were put into immediate effect by the Company. "We would like to thank the Secretaria del Trabajo y Prevision Social , the Procuraduría Federal de Protección al Ambiente , the Protección Civil del Municipio de Colon, Queretaro , and the various government officials who worked diligently with us to ensure all safety aspects were re-evaluated and elevated to the highest standards," said Robert Eadie, President and CEO of Starcore. "We appreciate the attention and thorough review done by the Mexican government agencies and all the people dedicated to help ensure that San Ma...

Power One Announces Dr. Wazir Khan's Appointment as CEO, Succeeding Karim Rayani Power One Resources Corp. is pleased to announce the appointment of Dr. Wazir Khan as its new Chief Executive Officer. Dr. Khan, who has been serving as a director on the board, will take over from Karim Rayani, effective immediately. Mr. Rayani has also resigned as a director however will continue to play a vital role within the Company as part of its advisory team. Dr. Wazir Khan is an exploration geologist with a distinguished career in the mining and exploration industry, spanning over three decades. His extensive expertise in geology, mineral exploration, and project development will be of great importance to Power One at this stage of growth. His geological research, metallogenic modelling,...

Eloro Resources Ltd. is pleased to announce that, in connection with its previously announced non-brokered private placement offering , the Company has increased the size of the Offering from up to 3,000,000 units of the Company at $0.90 per unit for gross proceeds of up to $2,700,000, to up to 3,900,000 units of the Company for gross proceeds of up to $3,510,000. The Company also announces the first closing of the Offering whereby 1,397,119 Units have been issued for gross proceeds of $1,257,407. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant of the Company . Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of C$1.50, with the expiry date of each Warrant bei...

Molten Metals Corp. , provides a summary of recent transactions that were announced in its news releases dated September 23, October 1 and October 4, 2024. On September 23, 2024, the Company completed the acquisition of a 100% interest in 40 mineral claims known as the Senneterre West Claims located 25 kilometres northeast of the gold mining center of Val d'Or, Quebec, subject to a 2% net-smelter-returns royalty. The Company issued 8,000,000 common shares of the Company as consideration for the purchase and agreed to incur $150,000 of work expenditures within two years. The shares will be subject to a hold period the greater of the four month hold applicable due to securities law and 10 trading days after a technical report is filed with respect to the property. The vendors c...

Further to its news release dated March 6, 2023 announcing the exercise of an existing option to acquire a 100% interest in certain mineral properties with prospective diamond targets plus potential nickel and lithium targets located immediately west of the town of White River, Ontario , Churchill Resources Inc. announces that it has agreed to settle an outstanding debt in the amount of $50,000 , representing an annual advance royalty owing to the vendors of the Properties under the terms of an existing option and purchase agreement, by issuing an aggregate of 555,555 common shares of the Company at a price of $0.09 per Common Share to the vendors . The Board of Directors has determined it is in the best interests of the Company to settle the outstanding Debt by the issuance ...