Founders Metals Inc. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis by way of private placement, 6,250,000 common shares of the Company, at a price of C$0.80 per Common Share for gross proceeds of approximately C$5 million. In addition, the Company has also granted the underwriters an option, exercisable up to 48 hours prior to the closing of the offering, to purchase up to an additional 15% of the number of Common Shares purchased pursuant to the offering. The Company intends to use the net proceeds of the offering for ongoing exploration activities on the Antino Gold Project and general corporate purposes. The offering is expected to...

Gowest Gold Ltd. is pleased to provide an update on the latest assay results from Phase 1 of its previously announced surface diamond drill program at its 100% owned Bradshaw Gold Mine This first 5,000-metre program phase, which is expected to be completed in mid-November, is part of a larger planned program aimed to expand the mineable resource at Bradshaw, as well as to further test other parts of the Corporation's North Timmins Gold Project , area where notable gold has also previously been intercepted . Diamond Drilling Highlights A total of 4,403 metres of drilling has been completed as of October 31, including 14 completed holes and one in progress on the eastern portion of the Bradshaw deposit . Highest intercept: 9.77 grams per tonne gold over 3.0 m from hole GW23-330...

Nevada Copper Corp. provides updates on recent operational developments at its Pumpkin Hollow underground mine , including the first deliveries of concentrate in October 2023. Randy Buffington, President and CEO of Nevada Copper, stated, "The mill has been able to process at nameplate capacity for certain periods exceeding expected recoveries on a number of occasions. With additional refinement, we expect to be achieving nameplate capacity consistently by the end of 2023 meeting all expected operating parameters. The team has worked tirelessly to get us to this point and I appreciate their dedication towards the restart and ramp up of the mine." Highlights of recent operational achievements include: Mill commissioning progressing well - Since the mill restart on October 3, 202...

Laurion Mineral Exploration Inc. is pleased to provide an update on its corporate activities and strategic objectives. LAURION's primary focus is to identify and explore opportunities to maximize shareholder value while simultaneously embracing and considering the principles and best practices of environmental, social and corporate governance issues. A significant part of this objective revolves around the Corporation's continued efforts to advance its flagship Ishkoday Project. A consequence of LAURION's success and advancement over the past several years is that the Corporation has become positioned as an acquisition target for appropriate potential acquirors. Accordingly, on August 24, 2023, the Corporation announced the establishment of a Special Committee for the purpose...

Imagine and Rock Tech to collaborate on exploring potential mergers and acquisitions, commercial partnerships, and joint exploration and development of their lithium projects. The companies want to establish a reliable raw material supply chain to support Rock Tech's proposed lithium converter along Lake Superior's North Shore. Imagine's Jackpot Project is only 15 kilometres away from Rock Tech's proposed Georgia Lake concentrator, and the adjacent properties total approximately 25,000 hectares in the Northern Spodumene Pegmatite area. Imagine Lithium Inc. is strengthening its Northern Ontario strategy by entering into a memorandum of understanding with Rock Tech Lithium to explore cooperation opportunities, including but not limited to commercial partnership structures, M&am...

Steppe Gold Ltd. is pleased to announce its financial results for the third quarter ended September 30, 2023. HIGHLIGHTS Third quarter and nine months ended September 30, 2023 Highlights Revenue for the three and nine months ended September 30, 2023, amounted to $15,765 and $39,562 on sales of 7,920 and 19,809 gold ounces, and 23,845 and 53,694 silver ounces, respectively. Average realized prices for the three and nine months ended September 30, 2023 were $1,933 and $1,922 per gold ounce and $22 and $22 per silver ounce, respectively. Operating income from mine operations, before depreciation and depletion for the three and nine months ended September 30, 2023 was $8,906 and $23,700 respectively. Adjusted EBITDA after stream payments for the three and nine months ended Septem...

Kingsview Minerals Ltd. and Erco Holdings Ltd. of Nevada are pleased to announce the signing of a non-binding Letter of Intent for an asset purchase agreement for three saltwater disposal leases in Texas. The proposed transaction will be structured in the most efficient manner to result in the shareholders of Erco, directly or indirectly, holding between 78% to 84% the outstanding securities of Kingsview, dependent upon the amount of a concurrent financing that is completed. The final structure will be subject to satisfactory tax, corporate and securities law advice for both Kingsview and Erco. This transaction is subject to the completion of due diligence, a definitive agreement and any and all required shareholder and regulatory approvals. Following the transaction Kingsvie...

Canadian Copper Inc. is pleased to provide an update on its ongoing property-wide 2023 trenching program at the Murray Brook West Project in the Bathurst Camp of New Brunswick, and recent developments regarding the Caribou Mine restructuring process. "Early-stage exploration combined with increasing our in-situ resources at the large open pit Murray Brook deposit is integral to our growth strategy. The Murray Brook West Project borders Canadian Copper's +21 million tonne resource positioned along the 18 km favourable Caribou Horizon trend between two former mines: Caribou and Restigouche. With several parties interested in restarting the Caribou Mine, we are enthusiastic about the renewed interest in the prolific Bathurst Camp," Simon Quick, CEO of Canadian Copper. Murray Bro...

Amex Exploration Inc. is pleased to announce a significant intercept of 47.70 meters at 16.97 g/t Au from hole PE-23-710, identified during resource-focused drilling of the High Grade Zone , part of the Eastern Gold Zone , of the Perron Project. See Figure 1 for a plan view of the geology of the EGZ, Figure 2 for a longitudinal section of the HGZ, Figure 3 for images of gold mineralization, Table 1 for assay results, and Table 2 for drillhole coordinates. As displayed in Figures 1 & 2, a north-south trending Proterozoic dike cross-cuts the HGZ and the related Denise Zone. As part of Amex's resource-focused drilling, it was recommended that the Company drill west-east to define the margins of a late cross-cutting Proteozoic Diabase Dike, in order to precisely quantify its shap...

American Pacific Mining Corp. is pleased to report further assay results from the 2023 resource definition and geotechnical drilling program at the Palmer Project . Palmer is an advanced-stage, high-grade volcanogenic massive sulphide-sulphate deposit located in the Porcupine Mining District of the Haines Borough, Alaska, US. Constantine North Inc., a subsidiary of American Pacific, is the operator for the Project and the US$25.5 million 2023 program has been funded by joint venture partner Dowa Metals & Mining Co., Ltd . Assay results released herein are from five drill holes targeting the Southwall Zone of the Palmer Deposit and one geotechnical drillhole located in the RW Zone. The five resource definition drillholes within the Southwall Zone 1 continue to return thick int...

Midland Exploration Inc. is pleased to report that following the approval of permits, drilling has resumed along the extensions of the new Santos nickel-copper discovery located on the Tête Nord property. This property is currently wholly owned by Midland but is subject to an option agreement with Rio Tinto Exploration Canada Inc. since December 2021 and is located near the town of La Tuque, Quebec . This new drilling program targeting the Santos zone consists of four drill holes totalling 1,150 metres and is mainly designed to test new conductors identified at depth on the Santos zone following downhole and ground-based electromagnetic surveys. The Santos Ni-Cu zone was discovered in early 2023 following the drill testing of an electromagnetic VTEM anomaly. The discovery hol...

Highlights Eureka step-out drill program consisting of seven holes for 1400m nearing completion, focussed on the first of five geophysical and surface targets in the area. Latest results received include: ORD011: 61m @ 2.4g/t Au incl. 13m @ 6.2g/t and 13m @ 3.39g/t ORD012: 20m @ 5.60g/t Au Detailed mapping on surface, combined with structural logging of the oriented diamond core, has enabled the team to build a preliminary lithological and structural model. Helicopter-borne magnetic and radiometric survey to be completed before end of 2023 designed to better define the remaining four primary geophysical targets for drill testing early in 2024. Results from the previous round of Eureka drilling include: ORD005: 47m @ 5.92g/t Au incl. 27m @ 8.69g/t Au and 3m @ 13g/t Au ORD006: 18m @ 4.94g/t ...

Argonaut Gold Inc. today reported financial and operating results for the three and nine months ended September 30, 2023 , as well as a progress update for the Magino mine. All dollar amounts are expressed in United States dollars, unless otherwise specified . "We made measurable progress in the third quarter delivering a solid performance at our existing operations. Despite the early challenges and a slower than expected ramp-up, we achieved commercial production at our flagship asset, the Magino mine, after the quarter end. This achievement coupled with strong performance at our Florida Canyon mine is a testament to our team who has worked diligently to optimize our operations. Going forward, we will focus on allocating capital towards those assets, projects and activities ...