Highwood Asset Management is pleased to announce an operational update, including its inaugural multi-lateral open hole well result, and to reiterate its 2024 guidance. Highwood anticipates allocating its organic free cash flow after sustaining capital on a 50:50 basis to support organic production growth of approximately 25% while also expecting to reduce Net Debt by approximately 25%, achieving Net Debt / 2024E EBITDA of under 0.8x in the next 12 months. Operational Update Highwood commenced its drilling program on September 16, 2023, spudding the 102/13-09-048-14W5 MLOH well at Brazeau, which offsets the 12-09-048-14W5 MLOH well. After approximately 20 days of cleaning up post drilling operations, the 13-09 well has averaged approximately 300 bbls/d of oil over the...

West Oak Gold Corp. is pleased to provide an update on 2023 exploration completed at the Hedgehog project located near Barkerville, B.C. The 2023 program was designed to expand on results from the 2022 program which had identified a strong arsenic soil anomaly with strong spot gold values on the southeastern portion of the property. The 2023 program consisted of prospecting and rock sampling over an area of one square kilometre encompassing the bulk of the arsenic soil anomaly. During prospecting a total of 37 rock samples were collected for analysis. No significant gold or base metal values were returned. Several rock samples with elevated barium +/- arsenic were present but the rock sample results do not explain the large arsenic soil anomaly, with further exploration requi...

Sitka Gold is pleased to announce that the Company has closed its previously announced non-brokered private placement for total gross proceeds of $2,105,059.86 through the issuance of 11,694,777 flow-through units at a price of $0.18 per FT Unit. Each FT Unit is comprised of one flow-through common share in the capital of the Company and one-half of one common share purchase warrant. Each Warrant entitles the holder to purchase an additional common share in the capital of the Company at a price of $0.36 for a period of 24 months from the date of issuance. The Offering, as announced in the Company's news release dated November 13, 2023 was oversubscribed due to strong investor demand. The Company intends to use the net proceeds of the Offe...

Cantex Mine Development Corp. , is pleased to report that a 89.25 metre intersection of strong mineralization has been encountered at the Main Zone of the silver-lead-zinc-germanium Massive Sulphide project. The Company also is closing a final tranche of its financing. Main Zone Drilling Hole YKDD23-285 was the final hole from the fall 2023 drill program. This hole contained an exceptional intercept from 416.75 to 506 metres depth drilled from pad MZ33 at a -85-degree dip and 166 degree azimuth Split core from this hole has been submitted to the CF Mineral Research, an ISO/IEC 17025:2005 accredited laboratory for preparation prior to being sent to ALS Chemex Laboratories in North Vancouver for analysis for silver-lead-zinc. Polished sections will be submitted to the Universit...

Prosper Gold Corp. announces that it has closed the first tranche of a non-brokered private placement of units and common shares of the Company that qualify as "flow through shares" for purposes of the Income Tax Act . The First Tranche consisted of 2,520,000 Units at a price of $0.10 per Unit and 3,400,000 FT Shares at a price of $0.15 per FT Share, for gross proceeds to the Company of $762,000. Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.20 for a period of 36 months following the closing date. The Company paid an aggregate of $12,100 in cash and issued an aggregate of 84,750 common share purchase warrants to finders in connection with the...

VANCOUVER, BC, Nov. 22, 2023 /CNW/ - Trading resumes in: Company: Canterra Minerals Corp. TSX-Venture Symbol: CTM All Issues: Yes Resumption : 8:00 AM 11/23/2023 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 spec...

TransAlta Corporation and BHP Group Ltd. announced today that the 48 MW Northern Goldfields solar and battery storage facility has achieved commercial operation and is now supplying reliable electricity to BHP's remote nickel mining operations in Western Australia. "We are extremely pleased that this innovative hybrid renewable solution is now supplying reliable, emissions-free power to BHP's mining operations in the outback of Western Australia. The Northern Goldfields Solar and Battery Facility is our first renewable electricity facility in Australia and is made possible through our longstanding relationship with BHP," said John Kousinioris, President and Chief Executive Officer of TransAlta. "The fully contracted facility showcases our expertise in integrating renewable ene...

CMC Metals Ltd. is announcing that Mr. Jose Manuel Delgado has agreed to become the interim Chief Financial Officer and a Director of the Company. He replaces Mr. Mark Luchinski who has resigned as both the CFO and a Director of the Company. Mr. Delgado is a lawyer based out of Mazatlan, Mexico, and holds a Master's degree in constitutional law from the Instituto Tecnolgio del Sur de Sinaloa and a Bachelor's degree in public accounting from the Universidad Autonoma de Sinaloa. Mr. Delgado has worked in senior accounting and legal roles with Lexmed, Beltran Llausas Juridicio Fiscal, the Instituto Federal de la Defensora Publica and has also been the CFO of Minera Tiago since 2020. Mr. Delgado has served several Canadian exploration companies in legal and financial advisory rol...

Clean lithium developer Lake Resources NL is pleased to provide an updated resource estimate for the Kachi lithium brine Project in Catamarca Province, Argentina. The updated resource estimate is based on continued hydrogeological characterization since the last update in June 2023 and refined interpretations of the hydrostratigraphy, hydrogeology and hydrogeochemistry. - Deeper drilling to 600 m bgs has led to significantly larger resource estimates. - Measured and Indicated Resources have increased from 2.9 to 7.3 Mt of lithium carbonate equivalent defined to a depth of 600 meters over 143.8 square kilometres. - The updated total resource estimate exceeds 10.6 Mt of lithium carbonate equivalent. - Previous testing confirmed highly favourable subsurface conditions for both l...

Alaska Energy Metals Corp. reports that further to its news release of November 6, 2023, that the TSX Venture Exchange has approved its engagement of Gold Standard Media, LLC to provide certain financial publishing and digital marketing services for a 90-day term in consideration for a cash payment of USD$150,000 and its engagement of Commodity Partners Inc. to provide certain financial advisory services for an initial period of 12 months for a fee of CAD$9,000 per month. Certain affiliates and parties related to Gold Standard currently own 1,000,000 shares of the Company and in connection with the Company's previously announced proposed acquisition of 1413336 B.C. Ltd., certain affiliates of Gold Standard will acquire an additional 4,081,082 shares and 540,541 share purchase...

Deep Yellow Ltd. has global diversity, which is seen as a necessity by off-takers - located in two Tier-1 mining jurisdictions with significant production capability. When in production, Deep Yellow will be the largest pure-play uranium producer on the ASX - production capacity +7Mlb p.a. Led by a highly experienced uranium team with extensive knowledge across the operational lifecycle, offtake contracting and project finance complexities - proven mine builders Huge exploration upside with potential to develop large scale, long-life projects within the Deep Yellow portfolio. Deep Yellow is delivering on vision - 5 years successfully establishing a Tier-1 uranium platform and next 5 years focussing on execution to production while further growing the global resource base *To vi...

Grizzly Discoveries Inc. is pleased to announce the first assay results for rock samples collected from the newly staked mineral claims in the Marshall Lake to Eholt area of Greenwood. These are some of the first geochemical results from several batches of samples, that the Company expects to receive additional results for over the coming months, for work conducted at the Marshall Lake area, Midway, Sappho-Lexington, Imperial and Beaverdell target areas within the Greenwood Precious and Battery Metals Project. In addition, results will also be forthcoming from prospecting and sampling that have been conducted at the Robocop Property following up on copper-cobalt anomalous soils identified in work over the last two years. Highlights: A total of 92 rock grab samples were collect...

Ximen Mining Corp. announces that it is proposing to consolidate the outstanding common shares of the Company on the basis of five pre-consolidation Shares for one post-consolidation Share . Consolidation Management and the Board of Directors has concluded that the Consolidation is necessary and in the best interests of the Company. The Board believes that the proposed share consolidation is necessary to facilitate new equity investment in the Company, to finance continuing business activities and assist in its overall marketing efforts. The Consolidation will not change a shareholder's proportionate ownership in the Company. Each Share outstanding after the Consolidation will be entitled to one vote and will be fully paid and non-assessable. There will be no name change in c...