Bocana Resources Corp. announces it terminated the non-binding letter of intent dated March 25, 2024 and accordingly has declined to proceed with the proposed purchase offer for the acquisition of all of the outstanding shares of Empresa Minera Inti Raymi S.A. in Bolivia. The LOI provided a good faith due diligence period which, upon the Company's satisfaction, would lead to a definitive agreement for the acquisition. While the Company had secured institutional financial commitments and completed preliminary geological, technical and operating assessments, the due diligence identified deficiencies and material items that required additional INTI RAYMI disclosures that have not been satisfied. Accordingly, Bocana has elected not to proceed with a stock purchase acquisition of ...

Arizona Metals Corp. is pleased to announce the latest drill results from the Kay Mine Project in Arizona. Seven new drill holes at the Kay Mine Deposit continue to demonstrate the continuity and expansion potential of the deposit and returned excellent grades in the deeper portions of the deposit. Highlights of the recent drilling include: Hole KM-24-94B intersected 65.2 m @ 4.0% CuEq, including 14.2 m @ 7.3% CuEq and 10.4 m @ 7.0% CuEq. This hole returned among the highest gold assays to date on the project, 22.3 g/t Au , and among the highest copper grades to date, 13.7% Cu . The hole also showed a northern continuation of outstanding mineralization previously intersected in hole KM-21-27B . Hole KM-24-146A cut 61.1 m @ 1.4% CuEq, including 4.6 m @ 9.4% CuEq. Drilled deepe...

Melkior Resources Inc. announces that the option agreement dated September 25, 2020 and amended on September 19, 2022, entered into with Kirkland Lake Gold Ltd. , with respect to the Company's Carscallen Project, has been terminated. As a result, Melkior will retain 100% ownership of the Carscallen Project. Keith James Deluce, Director For more information, please contact: Melkior Resources Inc. E-mail: info@melkior.com Tel: 226-271-5170 The reader is invited to visit Melkior's web site www.melkior.com. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Copyright 2024 TheNewswire - All rights reserved....

Nickel 28 Capital Corp. is pleased to announce that the TSX Venture Exchange has accepted the Company's notice to implement a normal course issuer bid to purchase, for cancellation, up to 7,153,629 of its common shares, representing approximately 7.9% of Nickel 28's issued and outstanding common shares over a twelve month period commencing on July 26, 2024. The NCIB will expire no later than July 25, 2025. Nickel 28 has appointed Haywood Securities Inc. to administer the proposed NCIB on behalf of the Company. "We are pleased to announce the TSXV's acceptance of Nickel 28's normal course issuer bid," stated Christopher Wallace, President & Chief Executive Officer of the Company. "In the opinion of management and the board of directors of Nickel 28, the common shares have rece...

Sandfire Resources America Inc. is pleased to announce additional drill results of its 2024 exploration drilling program. This includes hole SC24-286 which intercepted 8.53 meters of 6.6% copper and hole SC24-288 which intercepted 13.19 meters of 12.8% copper, both in the Johnny Lee Lower Copper Zone. The ongoing 2024 drill program focuses on upgrading and expanding the Johnny Lee Lower Copper Zone resource which at last estimate consists of a measured and indicated resource of 1.2 million tonnes grading 6.8% Cu and an inferred resource of 0.5 million tonnes of 5.9% Cu . Since December 2023, the Company has drilled approximately 8,000 meters of a planned 20,000-meter drill program. Table 1. Black Butte Copper 2024 Exploration Drilling Program Drill hole ID collar x collar y c...

Newmont Corporation today announced second quarter 2024 results and declared a second quarter dividend of $0.25 per share. "Newmont delivered a solid second quarter, producing 2.1 million gold equivalent ounces and generating $594 million in free cash flow," said Tom Palmer, Newmont's President and Chief Executive Officer. "We continued to advance our divestiture program and, to date, have announced $527 million in proceeds this year. With this momentum, we completed $250 million in share repurchases and repaid $250 million in debt. As we head into the second half of the year, we remain confident in our ability to continue executing on shareholder returns, meet our full year guidance and deliver on our commitments." Q2 2024 Results1 Announced monetization of Batu Hijau contingent payments;...

Block "C" pegmatite has now been traced for at least 1.6 km of strike length, which is located about 5 km to the south of the world class Corvette lithium deposit 443 soil samples were collected and sent to the lab for analysis on the MegaLi Block "C", Lithium Grande 4 Block "A", Block "D" and Block "E" VANCOUVER, British Columbia, July 24, 2024 -- SPOD Lithium Corp. , is pleased to announce the completion of a second phase field program on its MegaLi and Lithium Grande 4 properties composed of six claim blocks adjacent to the Patriot Battery Metals Inc.'s Corvette project located in the James Bay area, Quebec, Canada. Along with its Quebec projects, SPOD is also exploring its promising projects in the province of Ontario. Mathieu Couillard, SPOD's CEO commented...

Southern Silver Exploration Corp. reports that it has filed on SEDAR its National Instrument 43-101 Technical Report titled Cerro Las Minitas, NI43-101 Technical Report, Preliminary Economic Assessment dated July 23, 2024 . The authors are Ausenco Engineering USA South Inc. and Ausenco Sustainability ULC. , Kirkham Geosystems Ltd. , Entech Mining Limited , and MPC Metallurgical Process Consultants Limited . The report can also be found on Southern Silver's website by clicking here. Filing of the Technical Report follows Southern Silver's news release issued June 10th, 2024 announcing the results of its Updated Preliminary Economic Assessment on its 100% owned Cerro Las Minitas Project, Durango State, Mexico. PEA Highlights : Robust Project Economics - Base Case1: after-tax NPV...

Equinox Gold Corp. will announce its unaudited financial and operating results for the three and six months ended June 30, 2024 on Wednesday, August 7, 2024, after market close. Equinox Gold will host a live conference call and webcast to discuss the results the following morning on Thursday, August 8, 2024, commencing at 7:30 am PT . Conference call Toll-free in U.S. and Canada: 1-844-763-8274 International callers: +1-647-484-8814 Webcast www.equinoxgold.com The webcast will be archived on Equinox Gold's website until February 8, 2025. Equinox Gold Contacts Greg Smith, President & Chief Executive Officer Rhylin Bailie, Vice President Investor Relations Tel: +1 604-558-0560 Email: ir@equinoxgold.com To view the source version of this press release, please visit https://www.n...

Golden Shield Resources Executive Chairman Leo Hathaway joined Steve Darling from Proactive to announce a strategic move for the company. Golden Shield Resources has entered into a non-binding letter of intent with Tucano Gold to acquire all issued and outstanding securities of Tucano Gold in exchange for securities in Golden Shield Resources.
This acquisition positions Golden Shield Resources to benefit from continued exposure to exploration opportunities at Marudi and the potential of Tucano Gold to unlock the value of a near-producing, high-grade gold asset in Brazil. Both Marudi and Tucano Gold are situated in the same geologically rich but poorly understood gold belt, providing the resultant company with significant geological knowledge, operational synergies, and strate...

TORONTO, July 24, 2024 /CNW/ - Trading resumes in: Company: Star Diamond Corp. TSX Symbol: DIAM All Issues: Yes Resumption : 11:45 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 beyond what is con...

New Gold Inc. deeply regrets that early this morning, July 24th, 2024, an employee operating a piece of equipment in the open pit was fatally injured at the Rainy River Mine in northwestern Ontario. The health, safety and wellbeing of our employees is our top priority. The Company is working closely with local authorities and an investigation is underway. Operations have been voluntarily suspended. The thoughts of management are with the family, friends and colleagues who have been impacted by this tragic incident. The Company will provide additional information as appropriate. About New Gold New Gold is a Canadian-focused intermediate mining company with a portfolio of two core producing assets in Canada, the Rainy River gold mine and the New Afton copper-gold mine. The Compa...

TOTAL INDICATED: 72 MILLION CARATS, TOTAL INFERRED: 15 MILLION CARATS Stock Symbol: DIAM: TSX Star Diamond Corp. is pleased to announce a significant increase in the estimated Mineral Resources for the Star - Orion South Diamond Project . Highlights Indicated Mineral Resources on Star have increased 22 percent to 34.8 million carats and the grade has increased 20 percent to 19.4 cpht Indicated Mineral Resources on Orion South have increased 37 percent to 36.9 million carats and the grade has increased 32 percent to 17.9 cpht Star Diamond has determined that no additional bulk sampling is required on the Orion South Kimberlite for the rigorous estimation of these Mineral Resources, and this results in the savings of millions of dollars in exploration expenditures and shaves si...