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...

Calibre Mining Corp. and Marathon Gold Corp. are pleased to announce that the Parties have entered into a definitive arrangement agreement whereby Calibre will acquire all of the issued and outstanding common shares of Marathon pursuant to a court-approved plan of arrangement . The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier gold producer with estimated average annual gold production of approximately 500 koz during 2025 - 2026E1. The combined company will have a strong balance sheet with a combined cash balance of US$148 million2 and significant free cash flow generated from Calibre's existing mines. This financial strength is expected to facilitate the seamless construction of the Valentine Gold Project and a continuous flow ...

Wallbridge Mining Company Ltd. today announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property , located 15 kilometres east of the Company's flagship Fenelon Gold Project . Scattered, gold-bearing quartz veins were intersected in nine of the 19 drill holes completed. Highlights Widespread gold-bearing quartz veining intersected in nine drill holes, so far over an approximately 1-kilometre strike length ; Small visible gold grains were observed in four drill holes with assay results up to 3.20 g/t Au over 2.50 metres . Assay results are pending for the visible gold-bearing portions of two of these holes, which are similar in appearance to the intervals that have returned assays; Drill program was...

Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries , upon which Morien has a 2% to 4% royalty interest. In consideration of a 118-day long Stop Work Order , in effect since July 15, 2023, Kameron has made the decision to lay off the remaining hourly workforce at the Mine and to place the operation into an idled state with no timeline to resume operations. The SWO was put in place by the Nova Scotia Department of Labour, Skills and Immigration , a provincial regulator for the Mine. The SWO was issued in response to a roof fall incident on July 15 that was subsequently ameliorated by Kameron between July 19 and July 27. While SWO's are meant to be temporary in duration, and while roof falls are not ...

Franco-Nevada Corp. notes that its partner, First Quantum Minerals Ltd. , has issued an update announcing that its subsidiary, Minera Panama S.A., has begun to reduce ore processing operations at the Cobre Panama mine by ramping down one ore processing train while two remain operational. First Quantum has reported that an illegal blockade of small boats at the Punta Rincon port has affected delivery of supplies for the mine's on-site power generation plant which is necessary for full operations and has also hindered the loading of copper concentrate onto vessels. For more detailed information, please refer to First Quantum's press release dated November 13, 2023. Forward-Looking Statements This press release contains "forward-looking information" and "forward-loo...

Canadian Critical Minerals Inc. is pleased to announce that it has accepted delivery of an ore sorter at the Bull River Mine on November 11, 2023, from Bayhorse Silver Inc. . The Company has agreed to rent a Steinert KSS 100 X-Ray Transmissive Ore-Sorter from Bayhorse to upgrade stockpiled mineralized material at BRM. Previously, the Company announced that it had entered into an Ore Purchase Agreement with New Afton . Under the terms of the OPA, CCMI will deliver up to 90,000 tonnes of mineralized material from the Bull River Mine to the New Afton Mine near Kamloops, British Columbia over a period of two years. The Company currently has a large stockpile of approximately 180,000 tonnes of mineralized copper, gold and silver material on surface at BRM. Material will be screene...

First Quantum Minerals Ltd. today announced that its subsidiary, Minera Panama S.A. , has begun to reduce ore processing operations at the Cobre Panama mine. Cobre Panama has reduced its processing operations by ramping down one ore processing train while two remain operational. This disruption to operations is due to an illegal blockade of small boats at the mine's Punta Rincón port. The illegal actions at the port have affected the delivery of supplies for the mine's on-site power generation plant, which is necessary for full operations and for safe environmental stewardship, including operation and maintenance of the tailings management facility. In addition, the illegal actions have hindered the loading of copper concentrate onto vessels. First Quantum and MPSA respect the...

O3 Mining is pleased to announce that it has received the results of the two inaugural drill holes completed over the prospective Volcanogenic Massive Sulphide belt within the Horizon Project. Highlights Hole O3HR-23-001 intercepted a laminated sulphide-rich siliceous tuff containing highly anomalous base and precious metal values of up to 0.24% Cu, 0.15% Zn, 0.1 g/t Au, and 1.4 g/t Ag over 1.4 metres from 356.0 metres. These anomalous values are well within the range of values encountered in VM...

Together with $41.8 million previously paid by enCore, net proceeds from the Note total $64.2 million Energy Fuels Inc. is pleased to announce that, on November 9, 2023, it sold to MMCAP International Inc. SPC the remaining unpaid balance of $20 million owed under the Secured Convertible Note issued to the Company by enCore Energy Corp. as partial consideration for enCore's purchase of the Alta Mesa In-Situ Recovery Project , as previously announced on February 15, 2023, for total consideration of $21 million plus $1.5 million in unpaid accrued interest, less a sales commission of $100,000 paid to a third-party broker. As disclosed in the Company's Form 10-Q for the quarter ended September 30, 2023, enCore previously paid $40 million toward the $60 million princ...

NioCorp Developments Ltd. will hold its 2023 Annual General Meeting on Friday, December 29, 2023 starting at 10:00 AM Mountain time. The meeting will be held at 7000 S. Yosemite Street, Lower Level Conference Room, Centennial, Colorado, 80112. Shareholders of record as of November 21, 2023, are able to vote their shares on the proposals to be considered at the AGM either by proxy in advance of the meeting or at the meeting. Proxy or voting instructions must be received in each case no later than 10:00 a.m., Mountain time, on December 27, 2023, or no later than 48 hours before the AGM is reconvened following any adjournment or postponement. The Notice of Meeting, Management Information and Proxy Circular and form of proxy relating to the AGM and the Company's 2022 Annual Repor...