NGEx Minerals Ltd. is pleased to announce that it intends to sell on a non-brokered private placement basis, an aggregate of up to 9,091,000 common shares of the Company at a price of C$11.00 per Common Share for gross proceeds of up to C$100 million . View PDF Net proceeds of the Private Placement will be predominantly used towards furthering exploration programs at the Lunahuasi project in San Juan Province, Argentina, continued exploration and maintenance of the Company's Los Helados project located in Region III, Chile, as well as for general corporate and working capital purposes. Completion of the Private Placement will be subject to regulatory approval, including the approval of the Toronto Stock Exchange and other customary regulatory approvals and closing conditions ...

Sparton Resources , is pleased to report that Ivanhoe Electric Inc. announced today that definitive agreements have been signed between VRB Energy Inc. , and a subsidiary of privately held Shanxi Red Sun Co., Ltd. , and certain other affiliates, finalizing the terms of the transaction announced on September 23rd, 2024. . Sparton's interest in the flow battery industry is a 9.975% interest in VRB Energy held through Sparton's 90% interest in VanSpar Mining Inc. Full information regarding the history of the Company's VRB Energy investment is available in its various news releases and corporate filings available at www.sedarplus.ca and on the Sparton website at www.spartonresources.com. The Chinese joint-venture, which will receive a US $35 million ca...

Rio Tinto Chief Executive Jakob Stausholm said: "We continue to strengthen our operations, with the roll-out of the Safe Production System delivering consistent production at our Pilbara iron ore business and a step change from our Australian bauxite mines. We are building on this, with more work to do across our global portfolio. "We progressed our major projects to deliver profitable organic growth. We are on track for first production from our Simandou high-grade iron ore project next year and first lithium from the Rincon starter plant by the end of this year. Meanwhile the ramp-up of copper production continues at the Oyu Tolgoi underground mine. "We announced the acquisition of Arcadium Lithium, bringing a world-class lithium business alongside our leading aluminium and ...

ValOre Metals Corp. today provided assay results from Trado® auger and rock samples collected from the Boa Vista target at ValOre's 100%-owned Pedra Branca Platinum Group Elements Project in northeastern Brazil. "The PGE mineralization reported today from the Boa Vista target includes numerous high grade rock samples and the best Trado® hole, on a gram / metre basis, ever drilled on the Pedra Branca property," stated ValOre's VP of Exploration, Thiago Diniz. "Boa Vista is located along the same geological trend as the Synform target, which also returned high-grade PGE mineralization in previous exploration programs. Follow up mapping and Trado® drilling is planned as part of a broader exploration program, utilizing the VRIFY AI tool, to be focused on potential targets along t...

Skyharbour Resources Ltd. is pleased to announce that partner company Terra Clean Energy Corp. has provided plans for an upcoming work program at its South Falcon East Uranium Project which hosts the Fraser Lakes B uranium Deposit. Under the Option Agreement and assuming the 75% interest is earned, Tisdale will have issued Skyharbour 1,111,111 Terra shares upfront, and will fund exploration expenditures totaling CAD $10,500,000, as well as pay Skyharbour CAD $11,100,000 in cash of which $6,500,000 can be settled for shares in the capital of Terra over the five-year earn-in period. Map of South Falcon East Project Claims: https://skyharbourltd.com/_resources/images/Sky-South-Falcon-East-20231030.jpg The South Falcon East Project lies 18 km outside the edge of the...

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. IAMGold Corp. is pleased to provide an update for the Côté Gold Mine including preliminary operating results for the third quarter of 2024 and updated drilling results on the ongoing drill program in the Gosselin zone, an extension of mineralization immediately adjacent to the northeast of the primary Côté zone. Operating Highlights Gold production of 68,000 gold ounces on a 100% basis . The ramp up of the processing plant remains on track to exit the year at 90% of the design throughput rate of 36,000 tonnes per day . Mining activity totaled 10.4 million tonnes in the third quarter 2024 with an improvement in the strip ratio to 2.3:1 and total ore mined of 3.2 million tonnes. Mill throughput in the ...

Omineca Mining and Metals Ltd. announces that it has made application to the TSX Venture Exchange to extend the expiry date of an aggregate 9,374,999 outstanding common share purchase warrants due to expire November 16, 2024. The Warrants were issued in connection with a private placement transaction that closed on November 16, 2022, and are currently exercisable at $0.12 per common share. Under the proposed amendment to the Warrants, the Company proposes to extend the expiry date for a further 12-month period to November 16, 2025, with all other terms of the Warrants remaining the same. The proposed amendment is subject to approval by the Exchange. About Omineca Mining and Metals Ltd. Omineca Mining and Metals Ltd.'s flagship Wingdam gold exploration and placer recovery proj...

RosCan Gold Corp. is pleased to announce that, further to its press release of September 30, 2024, the Company has competed its non-brokered private placement through the issuance 20,000,000 common shares in the capital of the Company at a price of $0.10 per Common Share , for gross proceeds of $2,000,000. Gross proceeds raised from the Offering will be used for exploration and development of the Kandiolé Project and for working capital and general corporate purposes. All securities issued in connection with the Offering are subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. In connection with the Offering, ZZG International Investment Ltd. received a cash commission of $60,000. This news rel...

Battery Mineral Resources Corp. is pleased to announce that, on September 25, 2024, the Company was advanced a loan in the amount of US$567,000.00 by Lazaros Nikeas , a director of the Company; and on October 9, 2024, Minera BMR Spa , was advanced a loan in the amount of US$2,500,000.00 by Weston Energy III, LLC , an investment entity controlled by Yorktown Partners LLC . Max Satel, Battery's CFO stated, "These additional funds will further enhance Battery's ability to ramp up copper concentrate production and to further optimize operations at our Punitaqui Mining Complex, as we continue our mission of building a mid-tier copper producer." The Weston III Loan matures on December 5, 2024 and accrues interest at a rate per annum equal to eight percent . The Weston III Loan is u...

Fortitude Gold Corp. announces preliminary third quarter production of 4,220 gold ounces. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield. During the third quarter the Company processed both residual gold from the heap leach pad and ore sourced from the Isabella Pearl's lower grade Civit Cat zone. Late in the third quarter of 2024 the Company received its permit approval to mine deeper in the deposit's higher-grade Pearl zone. Full financial results for the third quarter will be available at the time the Company files its quarterly report on Form 10-Q with the Securities and Exchange Commission. About Fortitude Gold Corp.: Fortitude Gold is a U.S. based gold pro...

Prime Mining Corp. is reporting significant open pit expansion and new underground resources in its 2024 Mineral Resource Estimate at the Company's Los Reyes Project , located within the prolific Sierra Madre gold-silver belt in the state of Sinaloa, Mexico. These results reflect drilling up to July 17, 2024. The MRE was prepared by John Sims CPG , President of Sims Resources LLC. Resource Highlights: Indicated Resources have increased 49% to 2.2 million gold-equivalent ounces and Inferred Resources have increased 11% to 0.8 million AuEq ozs compared to the May 2023 MRE. Substantial resource growth from higher-grade open pit and underground zones, validating the Company's strategy of targeting a high-recovery, high-margin milling operation. Milled Indicated Resources have gro...

Select Sands Corp. is issuing an update regarding the Company's status. As previously disclosed in the Company's April 29, 2024 and July 22, 2024 news releases, the Company's normal operations have been shut down and the Company's primary lender, First Community Bank issued a demand letter threatening foreclosure of the Company's collateralized assets if the Company did not make loan payments that were past due by August 1, 2024. Since receiving notice from the Bank of its intent to foreclose on its loans, the Company has been unable to generate revenue while facing continuing challenges. The Company entered into discussions with various entities that might be interested in purchasing the Company's sand business, but was unable to reach an agreement with any of the parties be...

Vancouver, British Columbia / TheNewswire - October 15, 2024 - Troubadour Resources Inc. , a North American mineral acquisition and exploration company, is pleased to announce that it plans to undertake a 5,000 metre diamond drill program at its Senneville Gold-Copper property , in the eastern Val d'Or district following its successful third quarter where it raised $4,455,000. Comprising 230 mineral claims totalling over 130 km2, Senneville is located within the prolific Val d'Or Mining Camp between Probe Gold's McKenzie Break deposit to the north and the Probe's Novador Development Project to the south 1. Chris Huggins, CEO of Troubadour, stated, "We're thrilled to unveil our strategy for the maiden drill program at the Senneville Gold-Copper property. We are focused on grow...