Aclara Resources Inc. is pleased to announce that REE UNO SpA, its wholly owned subsidiary that holds 100% stake in the Penco Module , has received a tax rebate of approximately US$ 2.1 million from the Corporación de Fomento de la Producción for Research and Development expenses related to the installation and operations of the Pilot Plant. CORFO, which is the Chilean government institution in charge of promoting the production of goods and services and economic regional growth, has validated the pilot plant R&D expenses and determined this project to be key to the future production of the rare earths necessary for the manufacturing of permanent magnets used in wind turbines, electric vehicles, and other technologies vital to the energy transition. Francois Motte comment...

Quebec Precious Metals Corp. is pleased to announce the identification of drill targets. at the Ninaaskumuwin spodumene discovery . Drill targets have been confirmed following the completion of the follow-up prospecting program in the discovery area combined with geological mapping and structural interpretation. "We have been able to go from initial discovery to confirmation of drill targets in only a few weeks. The presence of a sill is significant as it suggests potential stacking which may define a large mineralized body. We plan to drill in early 2024. This is very encouraging and further validates the very high lithium exploration potential at Elmer East.", commented Normand Champigny, CEO of QPM. The discovery area is easily accessible from the paved Billy Diamond highw...

COEUR D'ALENE, ID / ACCESSWIRE / November 15, 2023 / Idaho Strategic Resources announces results of its 2023 trenching program at Lemhi Pass. A total of 1,070 linear feet was divided to construct eight trenches over three prospects. The three historical prospects known as In-Trust, Sparky, and Independence mark the first prospects out of IDR's expansive land position to be tested in the district. IDR maintains approximately 11,425 acres of unpatented claims and state lease land at Lemhi Pass. Two of the three In-Trust trenches encountered strong REE mineralization associated with faults. The 13 samples in the table below assay up to 3.28% total rare earths and average 1.5% TREE. Of note, are very strong enrichments of neodymium , praseodymium , samarium , and dysprosium . These elements ar...

Li-Metal successfully produces second-generation anode products, further demonstrating the flexibility of its technology platform Li-Metal's lithium on metal polymer anodes reduces the need for copper to enable lighter and more cost-effective batteries with improved energy density, a key enabler for electric aviation and eVTOL Li-Metal has produced more than 8,200 metres of sample anode material year-to-date using roll-to-roll PVD technology, compared to 4,200 metres in 2022 at pilot plant in Rochester, New York Li-Metal Corp. , a developer of lithium metal anode and lithium metal production technologies critical for next-generation batteries, today announced the successful production of its first batch of ultra-thin lithium on metalized polymer anodes, a second-generation li...

iMetal Resources Inc. has received results from a recent Airborne Magnetic survey at the Company's Pigeon Lake block, lying to the northwest of the Gowganda West project, which is located within the prolific Abitibi Greenstone Gold Belt. The aeromag results outlined the magnetic structure of the area and provided the company with important information regarding geological areas requiring further examination, including a large alteration zone. Saf Dhillon, Chief Executive Officer, stated: "iMetal continues to pursue and execute on important ground-laying technical work on all of our properties. The Pigeon Lake block lies within a prolific area hosting numerous mineralized occurrences, past-producing mines, and large deposits. Our programs this year continue to have success, mos...

Finalizing amendment of existing Stream Agreement with Sprott Streaming for an additional US$4 million Funding to further Optimize Development of Lagoa Salgada Focus on Improved Metallurgical Recoveries, Concentrate Qualities and Optimized Mine Plan and Plant Sizing Ascendant Resources Inc. is pleased to announce that it is finalizing an amendment to the existing metals purchase and sale agreement with Sprott Resource and Streaming Royalty Corp. , including an increased deposit of US$4 million against future production at its Lagoa Salgada VMS project in Portugal. The Agreement is being amended to increase the stream percentage to 2.75% of gross metals from 1.75%. To facilitate funding in advance of commercial production, the parties intend to amend the existing 10% secured n...

Prime Mining Corp. is pleased to report its operating and financial results for the quarter ended September 30, 2023. Prime is focused on the exploration and development of its wholly owned high-grade Los Reyes Gold-Silver Project in Sinaloa State, Mexico . Prime Chief Executive Officer Daniel Kunz commented, "With 51,000 metres drilled to date and six drills now turning, we are well on our way to completing 2023's planned 60,000 metre drill program at Los Reyes. Recent results from both expansion and generative drilling continue to demonstrate solid potential to contribute to resource inventories and develop an outstanding high-grade gold-silver project. Early-stage technical analysis is underway as we advance our understanding of the Los Reyes project. Working with our comm...

Verde AgriTech Ltd. announces its financial results for the third quarter ended September 30, 2023 . "Our Q3 results overcame the turbulent market conditions experienced in 2023. More importantly, there are reasons for optimism regarding a market recovery: the Brazilian Central Bank has reduced its interest rates and its latest announcements indicate further upcoming reductions, and agricultural commodity prices have stabilized. These factors provide better conditions for farmers, who have grappled with a squeeze in working capital from late 2022 throughout 2023. Furthermore, thanks to a $4.2 million increase in Q3 2023, we have a positive outlook regarding our cash position. This reinforces Verde's financial health to successfully navigate what has been the most challenging ...

SAO PAOLO, Nov. 14, 2023 /CNW/ -- SIGMA Lithium Corp. , a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, responsibly sourced chemical grade lithium concentrate, today announced its results for the third quarter ended September 30, 2023. The Quarterly Filings and accompanying Management Discussion and Analysis are available on SEDAR+ , EDGAR and the Company's corporate website. THIRD QUARTER 2023 AND RECENT HIGHLIGHTS Sigma Lithium reported third-quarter revenue of USD $97 million, marking the Company's first revenue-generating quarter as it successfully transitioned to a leading global lithium producer. Low production cost resulting from operational efficiency and overall discipline drives significant financ...

The Board of Directors of SolGold is pleased to advise all shareholders and interested investors that the Company's website contains access to a copy of the Quarterly Financial Report and Management Discussion & Analysis required to be filed on SEDAR in Canada, in connection with the Company's first quarter financial period ended 30 September 2023. This additional information is available on the Investor Centre page of the Company's website: www.solgold.com.au. CONTACTS Scott Caldwell Chief Executive Officer Tel: +44 20 3807 6996 Tavistock Jos Simson/Gareth Tredway Tel: +44 20 7920 3150 ABOUT SOLGOLD SolGold is a leading resources company focused on the discovery, definition and development of world-class copper and gold deposits and continues to strive to deliver objectives efficiently an...

On Track for Strong Year Aya Gold & Silver Inc. is pleased to announce interim financial and operational results for the third quarter ended September 30, 2023. All amounts are in US dollars unless otherwise stated. Q3-2023 Highlights Operational and Financial: Excellent operational performance: Silver production of 519,085 ounces in Q3-2023, a 15% increase from Q3-2022 Recovery was 86.6% in Q3-2023, compared to 86.2% in Q3-2022 70,258 tonnes of ore were processed in Q3-2023 compared to 69,697t in Q3-2022 Revenue of $11.7 million in Q3-2023, a 63% increase from Q3-2022 Cash cost of $10.73 per oz in Q3-2023 compared to $14.03 per oz in Q3-2022 Operating cash flow of $7.7 million in Q3-2023, a 35% increase compared to Q3-2022 Robust financial position with $71 million of cash, ...

Traction Uranium Corp. is pleased to announce that, further to its news release of October 27, 2023 which announced: i.) a non-brokered private placement of up to 10,000,000 units of the Company pursuant to the listed issuer financing exemption for gross proceeds of up to $1,500,000 ; and, ii.) a non-brokered private placement of up to 5,714,285 flow-through units of the Company for gross proceeds of up to $1,000,000 , it has closed the first tranche of the LIFE Offering and the FT Units Offering by issuing 793,334 Units at a price of $0.15 per Unit, and 3,589,144 FT Units at a price of $0.175 per FT Unit, for aggregate gross proceeds of $747,100.30. Each Unit consisted of one common share in the capital of the Company and one common share purchase warrant of the Company . Ea...

NuLegacy reports that drilling has commenced on its flagship 108 sq km Red Hill property in the Cortez section of the prolific Battle Mtn-Eureka-Cortez gold trend of Nevada. Drilling commenced on hole M23-01, the first of the planned five-hole winter 2023/4 drilling program, with a truck-mounted Ingersoll Rand RD-10 RC drill capable of drilling to 3,000 feet. With an initial targeted termination depth of 2,000 feet, it is expected to take 7/8 days to complete; the rig will then move to hole IS23-02 as per the plan map below: to enlarge drill map: https://bit.ly/p12-DrillTargetMap "With this configuration of holes, the probability of drilling a discovery hole, or being close enough that the alteration and geochemical analysis from that hole will vector us in the right direction, is very goo...