Rio2 Ltd. today announces that it has arranged a mine construction financing package expected to total approximately US$150 million for construction and general working capital of the Company's 100%-owned Fenix Gold Project in Chile . This funding package marks a significant de-risking milestone for Fenix Gold, and with all key sectorial permits for construction now in hand, Rio2 is positioned to fully execute the development, ramp-up and operation of the Fenix Gold mine. The total financing package is comprised of the following: US$120 million financing package with Wheaton Precious Metals International Ltd. ; Overnight marketed public offering of common shares of the Company to raise gross proceeds of up to C$40 million led by Raymond James Ltd. and Eight Capital ; and Non-...

Rush Rare Metals Corp. is pleased to announce that its earn-in partner on the Copper Mountain uranium property in Wyoming, Myriad Uranium Corp. , has advised that Myriad will be accelerating its option to acquire an initial 50% interest in Rush's Copper Mountain Project. To exercise the 50% option, Myriad will issue an aggregate of 1,093,702 Myriad common shares to Rush under the property option agreement dated October 18, 2023, as amended. Myriad also advises that it has made more $1,500,000 in qualifying expenditures at Copper Mountain, as required under the agreement to exercise the 50% option. Myriad's news release dated October 21, 2024, can be found here, and contains comments from the CEOs of both Rush and Myriad. About Rush Rare Metals Corp. Rush Rare Me...

RJK Explorations Ltd. announces an increase to the size of its previously announced non-brokered private placement . The Offering will now be for aggregate gross proceeds of up to $425,000. The Offering will consist of the sale of units of the Company at a price of $0.035 per unit. Each unit will consist of one common share of the Company and one warrant entitling the holder to acquire one Common Share for a period of five years from the date of issuance at an exercise price of $0.07. The Company plans to use the net proceeds raised from the sale of the Units for diamond drilling of potential kimberlite, base and precious metal targets and for general working capital purposes . The Offering is subject to customary closing conditions including, but not limited to, receipt of a...

Puma Exploration reports that it has satisfied, ahead of schedule, the requirements for its purchase of 100% interest in 341 claims announced on March 1, 2022. The Claims cover the Panthera Gold Zone and the newly discovered Lion Gold Zone. To complete its acquisition of 100% interest in the Claims, Puma had an obligation to issue the Vendor 250,000 common shares of the Company and a C$50,000 cash payment on or before February 2025 . This agreement, amongst others, negotiated by Puma to extend its property, was the last to be fully executed. The 100%-owned Williams Brook Gold Project includes the Williams Brook, Portage and Jonpol properties . Figure 1. Puma's land holdings in Northern New Brunswick Surface exploration work was performed on the claims this past summer wi...

Hi-View Resources Inc. is pleased to announce it is launching a non-brokered private placement of up to 5,000,000 units , at a price of $0.02 per Unit for gross proceeds of up to $100,000 . The Units will consist of one common share of the Company and one share purchase warrant . Each Warrant will be exercisable by the warrant holder to acquire one additional Share at a price of CAD$0.05 for a period of 24 months from the closing of the Offering. Hi-View will use the net proceeds from the Offering for general working capital. The issuance of securities in connection with this Offering will be subject to Canadian Securities Exchange approval and the securities will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with ap...

Sienna Resources Inc. is pleased to announce a non-brokered private placement of flow-through shares to raise aggregate gross proceeds of up to $250,000. The flow-through offering will comprise up to 5,555,556 flow-through units, at a price of $0.045 per flow-through unit, for gross proceeds of up to $250,000. No warrants will be issued and a finders' fee may be payable to applicable finders. Net proceeds from the sale of the flow-through shares will be used on the Company's existing projects in Ontario and or Saskatchewan. Jason Gigliotti, President of Sienna stated, "This placement will enable Sienna to get boots on the ground on at least one Canadian project at a time when the junior resource market is starting to show signs of a significant recovery. This is great timing ...

PPX Mining Corp. announces that on October 19, 2024 it subscribed an Engineering Procurement and Construction agreement with Sertecpet de Peru S.A. to build most of PPX's 350 tpd CIL and Flotation plant for its Igor Project, located in La Libertad, Peru. Sertecpet will carry out the following activities: Additional detailed engineering. Site preparation and all civil works for crushing, grinding, leaching and flotation systems, including all concrete construction. Equipment purchasing as specified by PPX, including all logistics and customs clearance. Construction materials purchasing, including all logistics. Mechanical installation of equipment, crushing, grinding and flotation units, including electrical and piping works. A qualified subcontractors will supply and install ...

QC Copper to acquire the remaining 50% ownership interest from SOQUEM Roger has a 43-101 resource estimate showing 535,000 ounces gold equivalent @ 0.95 g/t AuEq. QC Copper and Gold Inc. is pleased to announce that it has signed an arm's length definitive agreement to acquire the remaining 50% ownership interest in the Roger Gold-Copper Project , located in the prolific Chibougamau mining district of Quebec. QC Copper is acquiring the remaining 50% interest from SOQUEM, a subsidiary of Investissement Québec. Link to QC Copper and Gold Webinar - Strategic Acquisition of Roger Project Roger Project Highlights The Roger Project spans 987-hectares, and is located 5km from the historic mining center of Chibougamau, Quebec. It is easily accessible via all-season road, and has acces...

Letter of Intent Signed with Lotus Energy Recycling for Canadian Joint Venture To Collaborate on Recycling End-of-Life Photovoltaic Cells and Solar Panels in North America Focus on Recovering Valuable Silicon Materials for Battery Applications Initiated Recovered Silicon Material Testing and Evaluation for Anode Active Material Development in Lithium-Ion Batteries TORONTO, Oct. 21, 2024 -- NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the signing of a non-binding Letter of Intent with collaborating partner, Lotus Energy Recycling on October 8, 2024. The LOI outlines the intent to form a joint venture focused on recycling end-of-life photovoltaic cells and sola...

Bayhorse Silver Inc., is pleased to update shareholders on recent developments at the Bayhorse Silver Mine, and the surrounding area along the "Olds Ferry/Izee Terrane mineralization. The Bayhorse drilling programt is the first drilling conducted outside the reported Current 6.3 Million Ounce NI-43-101 Inferred Silver Resource area, targeting a calculated intercept of the large low-resistivity anomaly that the Company believes to be a potential porphyry copper, which begins approximately 498 ft below the Bayhorse Silver Mine main haulage way workings and ends approximately 1,020 ft for a minimum 522 ft vertical extent. The Bayhorse Silver Mine, that also has copper/gold/antimony and zinc mineralization lies in close proximity to the historic Gleason Gold Mine, where free mill...

DDRCCC-24-068 returned 678.1 metres of 1.04 g/t gold from surface, including 409.5 metres of 1.36 g/t gold, 93.0 metres of 2.57 g/t gold and 5.5 metres of 17.59 g/t gold; significantly expands Blackjack gold mineralization approximately 200 metres below previous drilling with grades increasing with depth. DDRCCC-24-067 returned 99.2 metres of 1.01 g/t gold including 2.5 metres of 18.39 g/t gold, confirming the southern extension of mineralization intersected in Holes 58 and 62 both laterally and at depth. Sitka Gold Corp. is pleased to announce recently received assay results from from its ongoing 2024 diamond drilling campaign at its road accessible RC Gold Project located approximately 100 km east of Dawson City in Yukon's prolific Tombstone Gold Belt. Results from DDRCCC-2...

EagleOne Metals Corp. is pleased to announce the commencement of its Phase 1 exploration program at the Magusi West property, strategically located in Quebec's Abitibi Greenstone Belt. Key Components of the Phase 1 Exploration Program: Surface Stripping and Power Washing: The exploration begins with surface stripping and power washing of exposed outcrops within the gravel pit . This phase will start in the spring, following the snowmelt, taking advantage of natural water flow. Once completed, the following will be undertaken: Detailed geological mapping of the exposed areas, at a scale of 1:200, or 1:100 for more complex geological formations. Channel sampling of rock outcrops following the completion of the mapping phase. Grid Line Cutting: Approximately 15 kilometers of inf...

Miata Metals Corp. is pleased to welcome Danae Voormeij, B.Sc. , M.Sc., P.Geo., to the Board of Directors . Ms. Voormeij has been working on a consulting basis for Miata on the Company's recently acquired Sela Creek project. The addition of Ms. Voormeij to the Company's Board bolsters the technical strength of the team through her direct experience in the exploration of orogenic gold projects in tropical regions. Her experience within Suriname in particular will be invaluable as the Company develops its Sela Creek and Nassau projects. "Last week, Miata Metals met two crucial milestones, closing the acquisition of the Sela Creek and Nassau Gold Projects in Suriname, and closing an oversubscribed $6.5 Million financing. Together, these milestones enable the Company to commence ...