Saga Metals Corp. , a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce that Rio Tinto Exploration Canada has commenced its initial exploration program on the Legacy Lithium project. Saga and RTEC executed an option to joint venture agreement on June 28, 2024 on the Legacy Lithium Project in the renowned James Bay Lithium District. RTEC is a Canadian subsidiary of the Rio Tinto Group . The Legacy Lithium Project is located in Quebec's Eeyou Istchee James Bay region . Figure 1: A map of the "Lithium Neighborhood" at the Legacy Lithium Project in Quebec The Legacy Lithium project is a lithium-cesium-tantalum pegmatite exploration project consisting of an aggregate of 663 claims covering an area of 34,243.76 hectares. Thes...

Second Tranche for Gross Proceeds of $71M Expected to Close Following Special Shareholders Meeting All amounts are in Canadian dollars unless stated otherwise Foran Mining Corp. is pleased to announce that it has completed the first tranche of its previously announced $360 million private placement financings , for aggregate gross proceeds of $289,052,853 . The First Tranche Offering involved the completion of: a brokered private placement , pursuant to which the Company issued a total of 44,446,529 common shares of the Company at an issue price of $4.05 per Common Share, for gross proceeds of $180,008,442; and 4,501,874 Common Shares, each of which were issued as a "flow-through share" within the meaning of the Income Tax Act , with 2,906,977 FT Shares issued at a price of $...

PTX Metals Inc. , a minerals exploration Company with two flagship projects situated in northern Ontario, is pleased to provide an update on recent project activities at its South Timmins Joint Venture Gold Projects . The current program follows the results from Phase 1 work completed during 2023 and early 2024, which confirmed high-grade gold mineralization through stripping and channel sampling at the Shining Tree Gold Project including 9.04 g/t Au over 16.15 m at surface at Ronda . The current program also included follow up on the drilling of a new gold discovery at the Heenan Property in the Swayze Greenstone belt . The program was for preparation of drilling and other exploration activities. Highlights include: During June and early July, the South Timmins Joint Venture ...

Callinex Mines Inc. is pleased to announce the closing of its previously announced option agreement with Voyageur Mineral Explorers Corp. whereby the Company has optioned a 100% interest in the Alberts Lake Project, Manitoba . Under the terms of the option agreement, Callinex will acquire a 100% interest in the Alberts Lake Project by making the following share issuances to Voyageur: $75,000 of common shares on the date of TSX Venture Exchange acceptance; $125,000 of common shares on the first anniversary; $150,000 of common shares on the second anniversary; $150,000 of common shares on the third anniversary; and $150,000 of common shares on the fourth anniversary. The amount of shares to be issued on each applicable date will be based upon the greater of the 5-...

Shares Outstanding: 329,452,261 Trading Symbols: TSX: GGD OTCQX: GLGDF GoGold Resources Inc. is pleased to announce the financial results for the quarter ending June 30, 2024. The Company generated revenue of $10.4 million from the sale of 365,119 silver equivalent ounces. "During the quarter, we passed 10 years of continuous production at Parral. We constantly make efforts to optimize our operations and congratulate the team on completing 10 years of production," said Brad Langille, President and CEO. "We feel that the next decade plus of growth in GoGold lies within our flagship Los Ricos district, with the immediate catalyst being the release of the results of our definitive feasibility study in September at Los Ricos South. During the engineering work for the feasibility ...

US Copper Corp. is pleased to announce that it has retained Global Resource Engineering of Denver, Colorado to complete a Preliminary Economic Assessment on its entire 100% controlled Moonlight-Superior Copper Project in Northeast California. Results of the PEA are anticipated by the end of this year. The Moonlight-Superior Copper Project in Northeast California includes four known copper deposits , three of which host National Instrument 43-101 resources, as referenced in the data section below. US Copper had a PEA prepared on the Moonlight deposit on a stand-alone basis in 2018, which demonstrated positive economics at US$3.15 per pound of copper. The 2018 PEA recommended that incorporating higher grade ore from our Superior and/or Engels deposits into the Moonlight mine pl...

Goliath Resources Ltd. is pleased to report it has received a lead order from its strategic investor, Crescat Capital LLC, the Company's single largest shareholder. Goliath intends to raise up to $3,000,000 through a non-brokered private placement. Based on exceptional assay results and the abundance of visible gold in a majority of the holes drilled thus far, the Company will be expanding the drill program at the Surebet Discovery. 100% of the first 8 holes drilled to date during the 2024 drill season have intercepted continuous strong mineralization in the targeted veins. Including mineralization that suggests the drilling has tapped into the heat engine source of the gold mineralizing system at the Surebet Discovery. Abundant visible gold up to 1.30 mm in size has been ide...

TORONTO, Aug. 8, 2024 /CNW/ - Trading resumes in: Company: Arizona Sonoran Copper Company Inc. TSX Symbol: ASCU All Issues: Yes Resumption : 8:00 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 provide any information about a specific halt bey...

LithiumBank Resources Corp. is pleased to announce the Company has completed drilling through the entire 232 metre thickness of the Leduc Formation at its 100%-owned Boardwalk Lithium Brine Project located in west-central Alberta, Canada. LithiumBank extended its 100%-owned well, 100/10-06-069-21W5/00 to a total depth of 2,869 metres in a sidetrack that starts at the Leduc top. The drilling increased the known thickness of the Leduc from 206 m to 232m in the area. Drilling also intersected 84 metres of the underlying porous limestone Swan Hills Formation, similar to what is encountered at Park Place. The Company is currently logging the hole for lithology, porosity & permeability plus flow testing & sampling discrete depth intervals for complete chemical analysis. The Company...

Independence Gold Corp. is pleased to announce assay results from the Ian Vein System from the spring drill program carried out at its 100% owned 3Ts Project. The 3Ts Project is located approximately 185 kilometres southwest of Prince George, British Columbia and is comprised of seventeen mineral claims covering approximately 8,840 hectares in the Nechako Plateau region of central British Columbia. It is situated 16 km southwest of Artemis Gold Inc.'s Blackwater Project and covers a low-sulphidation epithermal quartz- carbonate vein district within which more than a dozen individual mineralized veins, ranging from 50 metres to more than 1,100 m in strike length, with true widths up to 25m, have been identified. The spring drill program, consisting of 22 holes an...

Millennial Potash Corp. is pleased to announce that it is engaging in a private placement of 4,000,000 units at a price of $0.25 per Unit. Each Unit is comprised of one common share and one-half of one share purchase warrant exercisable at a price of $0.35 per share for a period of two years from the date of issuance. Proceeds of the Private Placement will be used to fund the Company's further exploration and development of its Banio Potash Project as well as for general working capital purposes. The Company has received the funds for the private placement and anticipates closing upon receipt of Exchange approval. Exchange approval is anticipated to be received once the Exchange has reviewed the placee's personal information form . To find out more about Millennial Potash Cor...

Erdene Resource Development Corp. is pleased to announce operating and financial results for the three months ended June 30, 2024, and to provide an update on progress at its Bayan Khundii Gold Project , being developed with Mongolian Mining Corporation . This release should be read in conjunction with the Company's Q2-2024 Condensed Consolidated Interim Financial Statements and MD&A, available on the Company's website and SEDAR+. Peter Akerley, Erdene's President and CEO stated, "The second quarter of 2024 was another productive period for Erdene as we made significant progress on both the exploration and development of our Khundii Minerals District projects in Southwestern Mongolia." He continued, "At the end of June, construction of the Bayan Khundii Gold Project stood...

Clarity Metals Corp. announces that the Company is accelerating the expiry of all outstanding warrants to purchase common shares of the Company at an exercise price of $0.12 issued on December 28, 2022 which exercise price was repriced at $0.06 on December 13, 2023, pursuant to the acceleration terms contained in the warrant certificates respecting the Warrants. By way of this News Release, the Company is providing notice, pursuant to the terms of the Warrants, that the Warrants will expire at 5:00 p.m. on September 7, 2024, such date being 30 days following the date on which the Company provides notice to the holders of the Warrants of the acceleration. Clarity is also pleased to announce that it has entered into an investor relations agreement with Equitrend Data Inc. , pur...