MONTRÉAL, Nov. 16, 2023 /CNW/ - QNB Metals Inc. is pleased to announce that the Company has entered into an arm's length option agreement dated November 15, 2023, to acquire a 100% interest in the Havre Aubert East property located in the Magdalen Islands in the Province of Quebec, Canada. The property consists of eight non-contiguous claims situated in the southern region of Havre Aubert Island. While some of these claims are located to the west, near L'Anse-à-la-Cabane, the remaining ones are situated to the south, on the Dune du Harve. Between 1940 and 1972, geological surveys and drilling programs were conducted in the Îles-de-la-Madeleine archipelago, leading to the discovery of coarse crystalline rock salt over 462.1 meters in the first hole from 148.1 meters through 60...

Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries , upon which Morien has a 2% to 4% royalty interest. The Nova Scotia Department of Labour, Skills and Immigration , a provincial regulator for the Mine, held a press conference yesterday afternoon to report on the findings of an independent engineer contracted by DOL in September to complete a technical review of the Donkin Mine. The following news release from DOL provides additional information: https://novascotia.ca/news/release/?id=20231115003 Yesterday's press conference follows Kameron's decision on November 10, 2023, to lay off its remaining hourly workforce at the Mine and to place the operation into an idled state with no timeline to resu...

Sanu Gold Corp. is pleased to announce positive initial cyanide leach test results from the Company's flagship Bantabaye gold exploration permit in Guinea, West Africa. The Permit, which lies on the western margin of Guinea's prolific Siguiri Basin, is located approximately 50 kilometres south of the multi-million ounce Lefa Gold Mine and 80 km north of the multi-million ounce Bankan Gold Project. Highlights: Initial cyanide leach test work was undertaken on representative samples from the main mineralized rock types drilled in the Company's inaugural H1/2023 drill program, The Test Work returned average gold recoveries of 92 to 93% from the three rock types tested, including: 93% average recovery from unoxidized mafic rock , 92% average recovery from unoxidized felsic rock ,...

Airborne Gravity Survey Highlights Numerous Targets Coincident with Regional Fault Structures and Mineralization Winter Drilling Program Planned for Q1 2024 CanAlaska Uranium Ltd. is pleased to announce that it has received survey results from the fixed-wing Falcon Airborne Gravity Gradiometer survey on it's Geikie uranium project near the Athabasca Basin margin . The purpose of the AGG survey was to identify potential target areas of enhanced basement alteration associated with previously interpreted and drill-defined structural corridors. The survey successfully identified multiple gravity low targets within the Project, interpreted to be related to alteration zones caused by fluids that are potentially related to mineralizing events. Significantly, a number of these gravity...

Appia Rare Earths & Uranium Corp. is pleased to announce that the Company is revisiting its large uranium-rare earths deposits located at Elliot Lake, Ontario to examine the impact of increased uranium prices and confirmation of significant rare element mineralization. The Company will also evaluate the cost-saving potential of bulk mining the Teasdale Lake and Banana Lake Zones. In 2007-08 and 2012, Appia completed drill programs to confirm mineralization detailed in historical resource estimates for the Teasdale Lake and Banana Lake Zones. Following the drill program, Appia engaged consulting firm Watts, Griffis and McOuat Limited to provide an updated NI 43-101 Resource Estimate for the two zones. The technical report was prepared in accordance with the provisions of Natio...

Talon Metals Corp. , the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project in central Minnesota, today reports new holes drilled at the Tamarack Nickel Project, with numerous massive sulphide intercepts outside the Tamarack Nickel Project's resource. Figure 1: Drill core from drill hole 22TK0424 showing 10.49 meters of massive sulphide assaying 6.22% Ni located outside the Tamarack Nickel Project resource . To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2443/187549_2b7651ed446a6889_001full.jpg Highlights Talon is releasing results from 116 new drill holes at the Tamarack Nickel Project, of which 20 are exploration holes drilled with the goal of expanding the resource at the Tamarack Nickel Project, while ...

Red Pine Exploration Inc. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. , as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 18,182,000 tranche 1 flow-through shares of the Company at a price of C$0.22 per Tranche 1 FT Share , and 3,704,000 tranche 2 flow-through shares of the Company at a price of C$0.27 per Tranche 2 FT Share , for gross proceeds to the Company of up to C$5,000,120 . The Company has granted the Underwriters an option to purchase up to an additional 15% of the Offering in any combination of Tranche 1 FT Shares at the Tranche 1 FT Issue Price, and Tranche 2 FT S...

Plato Gold Corp. an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to report the nine and three months financial results for fiscal 2023 and 2022, as summarized below: Nine Months Ended Three Months Ended Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2023 2022 2023 2022 Income $ 1,540 $ 1,704 $ 516 $ 499 Net Loss and Comprehensive Loss $ $ $ $ Loss per common share - basic and diluted - - - - Weighted average number of common shares outstanding - basic and diluted 228,354,728 222,369,380 228,365,717 227,524,413 For full details, please visit us at www.platogold.com. About Plato Gold Corp. Plato Gold Corp. is a Canadian exploration company traded on the TSX Venture Exchange, OTC Markets, and Frankfurt Exchang...

Generation Mining Ltd. has closed the previously announced sale of its rights and interests in an agreement to acquire a 100% interest in a mineral property hosting a molybdenum-tungsten deposit, to Moon River Capital Ltd. , a company listed on the TSX Venture Exchange , for $630,000 in cash and 9.0 million common shares of Moon River . See the Company's news release of September 13, 2023 for additional information. Following closing, the Company holds approximately 27.3% of the issued and outstanding Common Shares on a non-diluted and partially-diluted basis. It also has the right to appoint a director to the Board of Moon River and will have pre-emptive shareholder rights for as long as it continues to hold more than 10% of the issued and outstanding Common Shares. Moon Riv...

Lancaster Resources Inc. is pleased to announce the successful completion of a pivotal regulatory site visit at its Alkali Flat Lithium Brine Project in New Mexico. The site visit, conducted on November 14, included key staff from the Bureau of Land Management and the Energy, Minerals and Natural Resources Department. During the visit, the Lancaster team, alongside representatives from BLM and EMNRD, conducted a thorough walk-through of the proposed drilling locations and geophysical program. This comprehensive review focused on several crucial aspects, such as access routes, site conditions, and local vegetation. The visit provided a valuable opportunity for open discussions regarding the planned drilling activities, access requirements,

Laurion Mineral Exploration Inc. is pleased to announce the voting results of the Annual and Special Meeting of Shareholders of the Corporation that was held on November 15, 2023 . Election of Directors Each of the nominees for election as directors listed in the Corporation's management information circular dated October 4, 2023 were elected as directors of the Corporation for the ensuing year or until their successors are elected or appointed. Other Items of Business Considered at the Meeting Each of the following resolutions voted on at the Meeting were also passed: Fixing the number of directors of the Corporation at three. The reappointment of RSM LLP as auditors of the Corporation for the ensuing year and the authorization of the directors of the Corporation to fix thei...

Rackla Metals Inc. is pleased to announce that the Company has received the final geochemical analyses from the 2023 exploration program on its properties in the Astro Plutonic Complex. These results include analyses for drill core from the 17-hole, 3,000 m drill program, rock, soil and stream sediment samples from the three properties in the Astro Intrusive Complex and interpretation of the results. The Astro Plutonic Complex is located within the Tombstone Gold Belt at the Yukon-NWT border and is accessible from the North Canol road. The Complex includes three granodiorite to granite intrusions belonging to the Cretaceous-aged Tombstone & Tungsten Suites. Cretaceous intrusions in the Tombstone Gold Belt host significant Reduced Intrusion-R...

Vancouver, November 16, 2023 - Nuclear Fuels Inc. announced the second set of drill results from its continuing drill program at its Kaycee Uranium Project in Wyoming's Powder River Basin. The drilling, designed to confirm and expand the historic resource at the Saddle zone reports 4 holes containing multiple uranium intercepts of ore-grade thickness which is potentially amenable for In-Situ Recovery extraction technology. Additionally, a new and deeper uranium-bearing horizon has been discovered in the Fort Union Formation, located below the historic mineralization in the Lower Wasatch Formation. Highlights: Uranium mineralization with typically ore-grade Grade Thickness was encountered in 5 discrete horizons in 4 drill holes with Grade Thickness ranging from 0.308 to 0.911 ...