Equinox Gold Corp. is pleased to announce an updated Mineral Resource Estimate for its 100% owned, exploration-stage Hasaga Property in Red Lake, Ontario. Highlights Indicated Mineral Resource estimated at 1.470 million tonnes with an average grade of 8.64 grams per tonne gold for 408,000 ounces of contained gold Inferred Mineral Resource estimated at 2.059 Mt with an average grade of 7.31 g/t gold for 484,000 oz of contained gold "Hasaga is located in the Red Lake Gold District of northwestern Ontario, which is renowned for its high gold grades and prolific historical gold production. This updated Mineral Resource Estimate focuses on the high-grade nature of the gold mineralization and is a departure from the previous bulk-tonnage approach," stated Scott Heffernan, EVP Explo...

Great Western Exploration Ltd. is pleased to announce that it has defined a large niobium soil anomaly, named Sumo, in Western Australia. Key Points - Large, robust and coherent niobium lag soil anomaly defined; the anomaly has been named the Sumo Niobium Target - Sumo, which measures 2km long by 1km wide, is located 70km south-east of Sandfire Resources' DeGrussa Copper-Gold Project and within Great Western's 100% owned Yerrida North Project - It is also located 30km north-east of Great Western's Oval and Oval South copper-gold targets, where drilling is set to start at the Oval copper-gold target later this month - Sumo's prospectivity is highlighted by coincident pathfinder geochemistry which supports the potential for a niobium-mineralised system - Field reconnaissance ha...

Maritime Resources Corp. and Dundee Corporation are pleased to announce the closing of Maritime's previously announced rights offering , pursuant to which the Company issued rights to the holders of its common shares at the close of business on August 13, 2024. Each Right entitled to the holder to purchase one Common Share at a price of $0.034 per Common Share. The Company received subscriptions for 235,294,118 Common Shares, resulting in aggregate gross proceeds of $8,000,000. The net proceeds of the Rights Offering will be used for upgrading the Company's Pine Cove mill to process stockpiled ore, finalizing and publishing a revised feasibility study pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects to optimize value for the Company's Hamm...

Horizon Minerals Ltd. is pleased to provide an update on the development of the Phillips Find Gold Project . HIGHLIGHTS - Joint Venture Agreement executed with BML Ventures Pty Limited to develop and mine two open pits at Phillips Find - All management, technical, operational and maintenance roles to be undertaken by BML with oversight by the Company - Low financial risk JV structure with BML to fund all project costs, with net cashflow after the asset recovery and repayment of costs to be split 50/50 between Horizon and BML - Mining Proposal submitted to the Department of Energy, Mines, Industry Regulation and Safety to develop Phillips Find lodged in early June 2024 with approval expected shortly - The Mining Proposal is the last key approval required to develop Phillips Fi...

Barrick Gold Corp. - The feasibility study for the expansion of Barrick's Lumwana mine in Zambia is expected to be completed by the end of the year, paving the way for construction to start in 2025 the company said today. Speaking during a webinar focused on updating the market on the Lumwana Super Pit Expansion Project, Barrick president and chief executive Mark Bristow said the expansion unlocks the potential to transform the Lumwana mine into a long-life, high yielding, Top 25 copper producer1 and a Tier One2 copper mine, capable of contending with the volatility of the copper demand cycles. The expansion involves first doubling throughput by twinning the existing process circuit and then by significantly increasing mining volumes. Plant throughput will grow from the current...

Olivut Resources Ltd. is pleased to announce that the Company has closed a non-brokered private placement comprised of 7,462,500 common shares for proceeds of $597,000 at a price of $0.08 per Common Share. The Common Shares are subject to resale restrictions pursuant to applicable securities laws requirements and will not be freely tradable until four months after the date of issue. Olivut will use the proceeds of the Private Placement for exploration and general corporate purposes. Closing of the Private Placement is subject to final approval from the TSX Venture Exchange. Two insiders participated in the Private Placement, thereby making the Private Placement a "related party transaction" as defined under Multilateral Instrument 61-101 . Ms. Leni Keough, President and Chief...

OceanaGold Corp. is pleased to provide results from exploration and resource conversion drilling at the Haile Gold Mine in the United States. Gerard Bond, President & CEO of OceanaGold, said "Today's outstanding resource conversion and definition drill results support our goal of delineating 2 million ounces underground at Haile by the end of this year. Infill drill results at Ledbetter Phase 4 are exceptional in width and grade and inform the work evaluating whether to mine the last phase of Ledbetter from underground. Additionally, new resource conversion results announced today improve our confidence in Horseshoe mineralization at depth, and results from Horseshoe Extension have intersected new mineralization proximal to existing infrastructure." Drill highlights include : ...

Please view PDF version Lucara Diamond Corp. announces the publication of its 2023 Sustainability Report , which details the Company's environmental, social, and governance efforts for the year ended December 31, 2023. Highlights include: Lost Time Injury Frequency Rate of 0.12. The opening of the Karowe Diamond Mine Clinic in 2023, which offers comprehensive health services to employees and contractors, including emergency response services, mental health services, and preventative health care. In addition, first aid training was offered to local communities. Zero reportable environmental incidents. The completion of the 132kV bulk power supply line, which allows for the Karowe Underground Expansion Project to be fully supplied with grid power from the national provider, Bo...

Arizona Metals Corp. is pleased to announce the latest drill results from the Kay Mine Project in Arizona. Fifteen new drill holes from the project, seven at the Kay Mine Deposit and eight from the North Central exploration target, continue to demonstrate the expansion and exploration potential of the project. Highlights of the recent drilling include: Hole KM-24-153 at the North Central target returned a grade of 11.3% CuEq over 0.5 m of massive sulfide mineralization in a newly discovered mineralized horizon. This intercept occurred within an interval of 5.8 m showing anomalous Cu, Zn, and Pb. The extremely high grade of this intercept signals a strong mineralizing system in this part of the project. Hole KM-24-159 intersected 41.3 m grading 1.5 g/t AuEq in the Kay deposit,...

NioCorp Developments Ltd. is pleased to announce that CEO and Executive Chairman Mark A. Smith has agreed to establish a new $2 million non-revolving credit facility with NioCorp to assist the Company in continuing its work to secure project financing for the Company's critical minerals project in Southeast Nebraska and for general corporate purposes. The credit facility bears an interest rate of 10% per annum, is subject to a 2.5% establishment fee for any drawdown and a 2.5% prepayment fee, and is secured by all of the Company's assets pursuant to a general security agreement. Any amounts outstanding under the credit facility will become due on June 30, 2025. "On behalf of the Board, I would like to express my appreciation to Mark for his continuing support of the Company a...

Decade Resources Ltd. is pleased to announce that it has closed tranche 1 of its previously announced flow through private placement. A total of 9,620,000 flow-through units were issued on a private placement basis at a price of 5 cents per unit, for aggregate gross proceeds of $481,000. Each unit comprised one flow through common share and one transferable non flow through common share purchase warrant, each warrant being exercisable for the purchase of one additional common share, at a price of $0.08 per share, for a 24-month period. Directors of the company acquired 5 million flow-through units for $250,000. These transactions are considered to be related party transactions, as defined under Multilateral Instrument 61-101. However, they are exempt from the formal valuation...

RosCan Gold Corp. announces that, further to its press releases of March 11, 2024 and September 11, 2024, the Company has received approval from the TSX Venture Exchange to extend the maturity date of its outstanding secured subordinate promissory notes in the aggregate of $1,000,000 . The maturity date of the Notes has been extended to September 11, 2025. All other terms and conditions of the Notes shall remain unchanged. In addition, the Company is pleased to announce it intends to complete a non-brokered private placement with Mr. Michael Gentile, a director of the Company, for a CAD$300,000 principal amount secured subordinate promissory notes for gross proceeds of CAD$300,000 . Gross proceeds of the Offering will be used for general corporate and working capital purposes...

Highlights Drill Program completed on the Mann and Reaume Properties - Noble Mineral Exploration Inc. is pleased to announce results of a drill program on joint venture properties north of Timmins Ontario . ExploreCo, the name of which will be announced in due course, will control 1,989 mining claims totaling approximately 42,000 hectares and will include nickel properties in Mann, Newmarket, and Reaume Townships as well as Calder, Galna, McCool, Moody, Mortimer, Stimson, and other properties currently held by Canada Nickel . Click Image To View Full Size Figure 1: Regional Map of ExploreCo Properties Under the Binding Letter of Intent, the first $5 million of funding for ExploreCo will be provided from existing funds by Canada Nickel, after which costs will be funded by pro ...