Torr Metals CEO Malcolm Dorsey joined Proactive's Stephen Gunnion after the government of Ontario granted a three-year exploration permit for drilling at its Filion gold project.
This significant advancement allows the company to further develop the 260 km² project in northern Ontario, which benefits from excellent infrastructure, including access to the Trans-Canada Highway 11, rail, road, and power grid. The project operates out of Kapuskasing, negating the need for remote exploration camps and enabling low-cost exploration.
Dorsey said the project, acquired through staking in October 2023, has shown promising early results. Torr Metals' exploration model identified structural controls and stratigraphy indicative of significant gold deposits. Historical high-grade samples, ...

Colibri Resource Corp. is pleased to report that the co-owner of its Pilar Gold & Silver Project in Sonora, Mexico, Tocvan Ventures has announced the results from six holes drilled in the ongoing Phase 4, RC drill program. Colibri owns a 49% interest of the Pilar Gold & Silver Project. Tocvan Pilar News Release - July 4th, 2024: Highlights: Furthest North Drillhole to Date, Blind Target on North Hill Trend Hits Mineralization Expanding Resource Potential 130-meters to the Northwest of JES-24-79 350-meters North of the Main Zone JES-24-88, 24.4 meters of 0.2 g/t Au and 4 g/t Ag Including, 1.5 meters of 1.1 g/t Au and 25 g/t Ag And 3.0 meters of 0.4 g/t Au and 6 g/t Ag Within 59.5-meter anomalous zone from 42.7 meters depth, averaging 0.1 g/t Au and 2 g/t Ag Three holes Release...

Pelangio Exploration Inc. ?is pleased to announce the appointment of Kamar Jones to its Board of Directors. Mr. Jones is a seasoned executive with a unique blend of expertise in capital markets and mining consulting. With nearly three decades of experience, he has developed a robust understanding of the financial mechanisms that drive market success and the operational intricacies essential to mining consulting. Mr. Jones has been involved in multiple turnaround mining projects. Ingrid Hibbard, Pelangio's President and CEO stated,?"we are delighted to welcome Mr. Jones to Pelangio's Board of Directors. Kamar's experience in capital markets and concentration on mining consulting is a strong addition to Pelangio as we look to further advance our Ghanaian projects." Ms. Hibbard ...

Paris, 4 July 2024, 5:45 p.m PRESS RELEASE Information relating to the repurchase by Eramet of all of its outstanding €300,000,000 5.875 per cent. Bonds due 21 May 2025 In accordance with the provisions of Article L.213-0-1 of the French Code monétaire et financier and Article 238-2 of the Règlement Général de l'Autorité des marchés financiers, Eramet announces that it has redeemed today all, but not some only, of the Bonds in accordance with Condition 6.5 of the terms and conditions of the Bonds set forth in the prospectus dated 18 November 2019 , representing more than 10% of the bond issue. In accordance with Condition 6.9 of the Terms and Conditions, the Bonds so redeemed will be cancelled. Calendar 25.07.2024: Publication of 2024 half-year results 24.10.2024: Publication of 2024 ...

American Eagle Gold CEO Anthony Moreau joined Steve Darling from Proactive to share exciting news about a potentially significant discovery of outcropping copper mineralization at the company's NAK project in west-central British Columbia. This discovery follows an Induced Polarization survey conducted in 2024, which highlighted a new area of interest known as the IP Embayment Zone. In response, American Eagle Gold deployed field teams to the IP Embayment Zone, where they identified three widely separated copper-bearing porphyry outcrops.
Moreau elaborated on the findings, noting that drill hole NAK24-19, targeting the western margin of the IP Embayment Zone, encountered chalcopyrite mineralization at depths exceeding 700 meters. This mineralization is consistent with the out...

Victoria Gold Corp. provides an update on the heap leach facility incident that occurred at the Eagle Gold Mine on June 24, 2024 . As initially reported, there were no injuries to personnel associated with the incident and Victoria's primary focus has been on the continued safety of its employees and mitigation of harm to the environment. The Company has and will continue to liaise with the Government of Yukon, the First Nation of Nacho Nyak Dun, the Village of Mayo, the Yukon Workers' Safety and Compensation Board and other regulatory authorities. With respect to environmental mitigation, within hours of the incident a pumping system was established to return water from the HLF material to lined containment ponds. Diversion systems have also been installed for the management...

TORONTO, July 4, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Victoria Gold Corp. TSX Symbol: VGCX All Issues: Yes Reason: Pending News Halt Time : 11:08 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 infor...

VANCOUVER, BC, July 4, 2024 /CNW/ - Trading resumes in: Company: GoviEx Uranium Inc. TSX-Venture Symbol: GXU All Issues: Yes Resumption : 11:30 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 beyon...

GoviEx Uranium Inc. has been informed by the Government of the Republic of Niger, by way of a letter from the Minister of Mines, that it no longer has rights over the perimeter of the Madaouela mining permit, which is now in the public domain. This decision to withdraw the Company's mining rights does not follow the withdrawal procedure prescribed under the applicable mining code. Whilst GoviEx is committed to maintaining transparency and continuing its engagement with Government officials and stakeholders, it reserves the right to challenge the decision to withdraw the mining rights before the competent national or international jurisdictions. Since the start of its operations in Niger in 2007, the Company has completed an unprecedented 650,000 metre drilling campaign to def...

VANCOUVER, BC, July 4, 2024 /CNW/ - The following issues have been halted by CIRO Company: GoviEx Uranium Inc. TSX-Venture Symbol: GXU All Issues: Yes Reason: Pending News Halt Time : 9:57 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 provid...

Ultra Lithium Inc. today announced it has received a cash notice from Power Minerals Ltd. for the full repayment of amounts outstanding under a convertible loan agreement between the two companies. The Company and Power Minerals entered into the CLA on May 12, 2023. Under the CLA, Power Minerals advanced an interest-bearing loan of AUD $1.13 million to the Company. On October 25, 2023 the Company pre-paid the sum of AUD $150,000 to Power Minerals. The July 1, 2024 Cash Notice demands repayment by the Company of the full outstanding balance under the CLA in the amount of AUD $1,098,246 within 10 business days of receipt of the Cash Notice. The Company intends to pay the amount specified in the Cash Notice in full within the time and in the manner specified in the ...

Southern Silver Exploration Corp. announces that it has revised the terms of the previously announced non-brokered private placement . The Offering now consists of 15,000,000 units at $0.22 for gross proceeds of $3,300,000. Each unit will be comprised of one common share and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.30. The Company may pay finders' fees comprised of cash and non-transferable warrants in connection with the Offering, subject to compliance with the policies of the TSX Venture Exchange. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from closing. Completion of the Offering and the payment of any f...

GR Silver Mining Ltd. -announces that the Company has granted Deferred Share Units to eligible persons in accordance with the Omnibus Long-Term Incentive Plan approved by the Board on August 2, 2022 and approved by shareholders at the Company's Annual General Meeting held on September 18, 2023, and subject to the policies of the TSX Venture Exchange . 37,500 deferred share units were granted to each of the Company's non-executive directors for director's fees relating to the calendar quarter ended June 30, 2024, which DSUs will vest one year after their date of grant in accordance with TSXV policies. The Board has adopted a director fee equity compensation package whereby for each calendar quarter until resolved otherwise by the Board, each non-executive director will receive...