Altius Minerals Corp. is pleased to update its Project Generation business activities and its public junior equities portfolio. The market value of equities in the portfolio at June 30, 2024 was $55.8 million, compared to $45.4 million at March 31, 2024. Cash proceeds of $7.6 million were generated from various portfolio sales while $2.9 million was invested during the quarter through the exercise of warrants. Net proceeds of $11.4 million have been generated from the portfolio thus far in 2024. An updated list of the public equity holdings has been posted to the Altius website at https://www.altiusminerals.com/investor-information/junior-equities-portfolio/. Portfolio Updates Recently reported updates from certain portfolio companies included the following: Orogen Royalties I...

Power Metals Corp. is pleased to announce an update on exploration activities across its Ontario and Quebec properties. The Company engaged Pioneer Exploration to conduct a low-level, high-resolution Magnetic Drone Survey at the southern portion of the Case Lake property. The Company has also mobilized a geological team to conduct field work at its Decelles and Mazerac properties in Quebec. In addition, Woodland Heritage Northeast has commenced Phase II of an Archeological Survey at Case Lake. The Company has also been developing key target areas at Case Lake with Southern Geoscisence Consultants who have completed a structural and lithological interpretation identifying additional high-priority targets as highlighted below: Southern Geosciences Consultants of Perth, Australi...

MONTRÉAL, July 09, 2024 -- Cerro de Pasco Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement, for total aggregate gross proceeds of $3,298,000 . CDPR issued 32,980,000 units of the Corporation at a price of $0.10 per Unit, each consisting of one common share and one Common Share purchase warrant . Each Warrant entitles its holder to purchase one Common Share at an exercise price of $0.15 per Common Share for a period of 24 months, subject to acceleration in certain circumstances . Eric Sprott, a new insider of the Corporation, acquired 20,000,000 Units under the Offering through 2176423 Ontario Ltd., a corporation beneficially owned by him. 2176423 Ontario Ltd. also acquired 17,000,000 Common Shares from an existing sh...

Teako Minerals Corp. is pleased to announce that it has mobilized a field crew to its Lomunda-Venna and Tydalen copper-cobalt-zinc projects in Trøndelag Province, central Norway to initiate a phase one exploration program. This systematic field review will be guided by historical geological/geophysical data and newly acquired high-resolution airborne geophysics data from a survey completed in the Venna area by the Norwegian Geological Survey , released in early 2024. The Eiker program in District South is expected to conclude in approximately 1 week whereafter the Company will mobilize all personnel to District Central. For the remainder of the field season, the Company's field crew and its team of geologists will concentrate on the Lomunda-Venna and Tydalen projects, with a ...

T2 Metals Corp. following the recent closing of an over-subscribed $2.9m private placement , the Company is pleased to welcome new cornerstone and institutional shareholders who accounted for more than 50% of the non flow-through financing. Institutional participants in the private placement included: Aumontis Holding AG , a highly regarded European company backed by renowned resource investor Dr Titus Gebel. Dr Gebel was a Director of Osisko Exploration when the company discovered Canada's largest gold mine , and was co-founder of German listed Deutsche Rohstoff AG. In addition to the Aumontis investment, Dr Gebel invested on a personal basis in the T2 Metals private placement; Lowell Resources Fund , an Australian listed investment trust with a strong track re...

Millennial Potash Corp. is pleased to announce that it has earned a total 70% interest in the shares of Equatorial Potash Pty. Ltd. which, through its Gabon subsidiary Mayumba Potasse SARL, holds 100% of the Banio Potash Project. To earn 70% , MLP has filed a Preliminary Economic Assessment and made milestone payments of US$300,000 and 1,000,000 shares of MLP to the vendors of the Banio Potash Project. Farhad Abasov, the chairman of Millennial, commented: "We are excited to have made such fast progress in the development of the Banio Potash Project since we first announced the earn-in agreement in March 2023. In less than a year, the Company built an exploration camp, drilled exploration holes extending the potash deposit thickness to 70 meters, and issuing a maiden Mineral R...

Delta Resources Ltd. is pleased to announce the completion of the field portion of an extensive till sampling program at its Delta-1 Gold Project, located approximately 50 kilometres west of the City of Thunder Bay, Ontario. The survey consists of a series of sampling fences spaced at every 1-1.2 km, oriented orthogonal to the dominant local ice-flow direction . Samples within each fence are spaced by approximately 300 metres. The survey covers an area of roughly 80 km2 and consists of 224 sample sites. The goal of the 2024 sampling program was to complement and expand on a previous surveys carried out in 2020 . The 2020 till survey was highlighted by anomalous gold-grain counts that helped define the footprint of the Eureka zone prior to Delta's 2021 and 2022 drilling progra...

Puma Exploration Inc. is delighted to announce a strategic property acquisition, the "Moose Brook property." The 28 claims fill a gap in the 100%-owned Williams Brook property, strengthening our position in the region . Puma Exploration is the biggest landholder in Northern New Brunswick and the most active explorer in the area. "This acquisition further adds to our considerable ground position in Northern New Brunswick. Over the past four years, we've completed many separate transactions to consolidate a patchwork of mining claims held by many landowners. Most mining claims had seen little to no modern exploration work and had never been worked as a whole. Our exploration programs and recent discoveries have shown that the property and surrounding areas hold huge potential. ...

Northern Shield Resources Inc. is pleased to announce that the Company has received certain refunds pertaining to its 2017 and 2018 Quebec Tax Return and Mining Tax Return. The total amount returned to the Company to date, including interest, amounts to $702,781. A further refund of approximately $70,000 is expected very shortly. In 2023, the Court of Quebec ruled in the Company's favour in a case the Company initiated against the Quebec Revenue Agency with the practical consequence of the judgement being that Northern Shield's right to object to the notices of assessment in dispute had been restored. Northern Shield filed a Notice of Objection immediately after that ruling and the refund announced today is the result of the objection process running through to fruition. A de...

ST. JOHN'S, NL, July 9, 2024 /CNW/ - Aurion Resources Ltd. confirms that, in response to the press release issued by Rupert Resources Ltd. on July 8, 2024, the Company has had preliminary discussions with Rupert regarding a potential transaction. No agreement has been entered into at this time, and there can be no assurance that any such agreement will be reached, or that any such agreement will ultimately result in a completed transaction, or that any of the expected objectives or outcomes will be realized. The company intends to provide further updates as circumstances warrant and in accordance with applicable securities laws. "We appreciate Rupert's interest in Aurion's properties, which we understand could be of significant benefit to Rupert and its Ikkari p...

TSX.V: PGZ | OTCQX: PGZFF | FRA: 2EU Pan Global Resources Inc. is pleased to announce a positive result from the initial investigation of X-Ray Transmission sensor technology for sorting and pre-concentration of the La Romana copper and tin mineralization at the Company's 100% owned Escacena Project in the Iberian Pyrite Belt, southern Spain. Drilling continues to test and delineate the western extent of the La Romana copper-tin-silver deposit, which now extends 1.5km east-west over surface. "The positive result shows very promising potential for sorting and pre-concentration of the copper and tin mineralization at La Romana using TOMRA's XRT+EM technology. This widely used technology has potential to reduce costs through the removal of waste material prior to ore processing ...

Class 1 Nickel and Technologies Ltd. reports that, further to the news release dated 22 May 2024, it has filed the National Instrument 43-101 Technical Report in support of an updated Mineral Resource Estimate for its Alexo North Nickel Sulphide Deposit dated 5 July 2024 and with an effective date of 21 May 2024. The NI 43-101 report is available on SEDAR+ and on the Company's website . The updated MRE for the Alexo North Nickel Sulphide Deposit was announced 22 May 2024 and updates to the remaining two nickel sulphide mineral resources contained within the Project, Dundonald South and North, will be completed over the coming months. The updated Mineral Resource Estimate for the Alexo South Nickel Sulphide Deposit was announced by Class 1 Nickel on 24 April 2024. David Fitch,...

Midland Exploration Inc. is pleased to announce the start of a drilling campaign on the Patris gold property , currently 100% owned by Midland and located approximately 30 kilometres northeast of the city of Rouyn-Noranda in Quebec. Highlights : 90 holes completed on public lands using sonic drilling to recover till and bedrock samples to increase data quality and understanding; Discovery of mineralized felsic intrusions with pyrite in the Kewagama sedimentary rocks ; The IP survey generated numerous targets/anomalies, including three main chargeability highs within the Kewagama sedimentary basin ; Option payment of $60,000 recently received. Diamond Drilling A campaign of three drill holes for 1,650 m will begin in July with a drill in the Belleaux area where mineralized fel...