Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.065 per share for October 31, 2023 . At the end of October, the Company's price per share was C$0.03. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Black Sheep Income Corp. Private $1,265,589 $0.011 Nevada Zinc Corp. NZN:TSXv $449,960 $0.004 Guided Therapeutics Inc. Private $398,906 $0.004 Working Capital & Liquid Investments $3,908,749 $0.035 Other Investments $1,186,915 $0.011 Total $7,210,120 $0.065 1Working Capital is calculated as cash, minus management's estimate for known liabilities and is subject to change with future estimates or financial reports. 2Olive defines Liquid Investments as inv...

Barrick Gold Corp. announced today that on November 10, 2023, it purchased 7,000,000 warrants to purchase common shares of Hercules Silver Corp. for total consideration of C$6,580,000. The warrants were immediately exercised at their exercise price of C$0.11 per Hercules common share. Prior to its acquisition and exercise of the warrants, Barrick owned 26,556,870 common shares of Hercules and 6,804,918 warrants, representing approximately 12.33% of the outstanding Hercules common shares on a non-diluted basis, and 15.02% on a partially-diluted basis. Barrick now owns 33,556,870 common shares and 6,804,918 warrants of Hercules, representing approximately 15.09% of the outstanding Hercules common shares on a non-diluted basis, and 17.61% on a partially-diluted basis...

Lithium Ionic Corp. , a lithium exploration and development company focused on becoming Brazil's next significant lithium producer, announces its participation in several institutional and retail investor conferences in the coming weeks. Goldman Sachs Global Metals and Mining Conference The Company has been invited to attend and present at the Goldman Sachs Global Metals and Mining Conference, being held on November 15-16, 2023, in New York. In addition to a full day of institutional investor meetings, CEO and Director, Blake Hylands, will be participating in a lithium panel taking place on November 15. Learn more about this conference here: https://events.gs.com/2023/gmmc/pco Harbor Access Global SMID Cap Opportunities Virtual Conference The Company is pleased to take part i...

Collective Metals Inc. is pleased to announce a non-brokered private placement of up to 1,129,033 flow-through units of the Company at a price of $0.31 per FT Unit for gross proceeds of up to $350,000 . Each FT Unit will be comprised of one common share of the Company issued on a flow-through basis and one-half of one share purchase warrant , with each Warrant exercisable to acquire one half non-flow-through common share of the Company at a price of $0.35 per Warrant Share for a period of 24 months from the date of issuance. The gross proceeds received by the Company from the sale of the FT Units will be used to incur "Canadian exploration expenses" that are "flow-through critical mineral mining expenditures" ) on the Company's properties located in British Columbia and Ontar...

Perpetua Resources Corp. announced today that its unaudited condensed consolidated financial results for the period ended September 30, 2023 were filed. For details, please see the Company's filings available on EDGAR and SEDAR. Perpetua Resources' vision is to provide the U.S. with a domestic source of the critical mineral antimony, develop one of the largest and highest-grade open pit gold mines in the country and restore an abandoned brownfield site. Perpetua Resources is focused on advancing the permitting for the Stibnite Gold Project through the National Environmental Policy Act process and construction readiness for the Project. Third Quarter 2023 and Recent Highlights: Zero lost time incidents or reportable environmental spills. Signed definitized Technology Investmen...

Kaares Area - Gold intersected along the E-W structural trend 1.8 km W and 800 m E of the Vanha prospect 3.63 g/t Au over 3.20 m from 41.30 m 2.17 g/t Au over 1.60 m from 148.35 m Kaares Area - Gold intersected along NW trending structures 4.67 g/t Au over 1.75 m from 103.15 m Risti Northwest - Gold mineralization and favorable host rocks intersected 1 km SE of the Ikkari Discovery and 13 km from Kaares Risti North - New deformation zone and favorable host rocks with elevated gold 9 km from Kaares Numerous gold and pathfinder anomalies from base of till sampling program ST. JOHN'S, NL, Nov. 13, 2023 /CNW/ - Aurion Resources Ltd. announces results from the scout drilling and base of till sampling programs at its wholly owned Risti property located in the Central Lapland Greens...

First Mining Gold Corp. reports its third quarter 2023 results for the quarter ended September 30, 2023. The financial statements and management's discussion and analysis are available on First Mining's website at www.firstmininggold.com/investors/reports-filings/financials/ and have been posted under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov. "We are pleased to announce a successful Q3 at First Mining," stated Dan Wilton, CEO of First Mining. "During the quarter, our key achievement was the announcement of a positive PEA at our Duparquet Gold Project in Quebec in less than one year of consolidating ownership. The +200 koz per year production profile, attractive capital and operating cost profile and strategic location of the deposit in the ...

Geodrill Ltd. , a leading West African based drilling company, reported its financial results for the three month and nine month period ended September 30, 2023. All figures are reported in U.S. dollars , unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards . Financial Overview Q3-2023: Recorded revenue of $30.3M, a 14% decrease compared to Q3-2022; Recorded EBITDA of $0.6M or 2% of revenue which includes a $3.6M non-cash expected credit loss provision related to the aging of trade receivables - ; Net loss for Q3-2023 was $M - ; and Ended the quarter with net cash of $3.6M. Operational and Strategic Highlights Q3-2023: In the primary countries in which Geodrill operates being Ghana, Cote d'Ivoi...

Magna Mining Inc. is pleased to announce the appointment of Jeff Huffman to the full-time position of Chief Operating Officer, effective today. Jason Jessup, Chief Executive Officer of the Company, stated, "We are excited to be able to announce the appointment of Jeff Huffman as our COO. Like many of the existing executives at Magna Mining, Jeff was an integral part of the team at FNX Mining, so his experience, knowledge, and operating culture are well aligned with Magna's long-term growth objectives. Jeff brings a high level of operating leadership experience and expertise into our company, which will help us continue to make the right decisions as we progress towards advanced exploration at Crean Hill and ultimately commercial production. Our ability to recruit someone of J...

Madison Metals Inc. is pleased to announce the renewal of Exclusive Prospecting License 7011 in the Madison North project area, adjacent to the globally acclaimed Rössing Uranium Mine in the renowned Erongo uranium province of Namibia, Africa. This renewal is significant for Madison's portfolio as the Company holds an 85% interest in EPL-7011 and it is located in a well-known uranium belt. "EPL-7011 bolsters Madison's strategic land positioning and there is an NI 43-101 technical report, affirming the license's potential for uranium deposits," says Duane Parnham, Executive Chairman and CEO of Madison Metals. "This report, alongside the renewal and the previously obtained Environmental Clearance Certificate, underlines Madison's commitment to responsible exploration and develo...

Sierra Metals Inc. reports financial results for the three-month and nine-month period ended September 30, 2023 with total revenues of $57.0 million and Adjusted EBITDA of $8.1 million on throughput of 622,622 tonnes and metal production of 18.5 million copper equivalent pounds in Q3 2023. Ernesto Balarezo, CEO of Sierra Metals, commented, "We continued to make incremental improvements across our operations during the quarter, and are very pleased the hard work by our team is paying off as we are on track to meet 2023 guidance. During the quarter we placed the non-core Cusi silver mine on care and maintenance and initiated a sale process for this asset with the belief that these steps will improve our portfolio and support our future growth. And lastly, we are pleased with the support show...

Marathon Gold Corp. today announces its financial results for the third quarter ending September 30, 2023, and provides an update on the Company's activities at the Valentine Gold Project in the central region of Newfoundland and Labrador . All figures are in Canadian dollars unless otherwise noted. Third Quarter Financial Results Cash and cash equivalents at September 30, 2023 of $71.0 million and restricted cash of $244.8 million. Capital Expenditures of $76.0 million for the three months ended September 30, 2023, including $73.7 million related to construction of the Project. Third Quarter Project KPIs The Project exceeded 800,000 hours of site work completed without a lost time incident. At the end of the third quarter, overall completion at the Project stood at 50%. Duri...

Uranium Energy Corp. , the "Company" or "UEC") is pleased to announce that it has filed an Initial Assessment Technical Report Summary in accordance with Item 1302 of Regulation S-K on EDGAR disclosing Mineral Resources and an economic assessment for the Company's 100% owned Alto Paraná Titanium Project located in Paraguay . Key Highlights Alto Paraná Titanium Project is a world-class project with a combined Regional Resource of 3.6 billion tonnes, grading at 7.3% TiO2. The TRS and economic assessment considered two scenarios using Inferred and Indicated Resources: 1. NPV8 of $419 million and a 21% post-tax IRR, utilizing less than 0.2% of the Regional Resource per annum; and 2. NPV8 of $1.55 billion and a 25% post-tax IRR, utilizing less than 0.7% of the Regional Resource per...