Trigon Metals Inc. Trigon is pleased to report as of July 29, 2024, the Company has filed its financial statements for the year ended March 31, 2024 and details below the operational milestones for the quarter ending March 31, 2024. Trigon reports a profit from continuing operations of USD $13,439,695 for the three months ended March 31, 2024 and a net loss of $1,474,523 for the twelve months ending March 31, 2024. Results were heavily skewed by the positive revaluation of the liability associated with the Sprott Streaming agreement, to align with the Company's NI 43-101 SRK Feasibility Study . However, improvements at the operational level where the beginnings of the impact of underground production had a dramatic impact on operating costs. The company reported C1 cash costs...

Cascada Silver Corp. is pleased to announce that, further to its news release dated July 16, 2024 announcing shareholder approval of an ordinary resolution, on July 18, 2024, it issued an aggregate of 57,125,676 Cascada common shares on the exchange of 57,125,676 subscription receipts that were issued by Cascada in a private placement offering that closed on June 5, 2024 . Cascada confirms that it has received approximately $742,634 in gross proceeds raised under the private placement offering which have been released from escrow by its subscription receipt agent in connection with the issuance of Shares. The Shares issued on exchange of the subscription receipts are subject to a statutory hold period of four months and one day from the Closing Date. This press release is not...

Dynasty Gold Corp. is pleased to provide an update of its current drill program at its Thundercloud property in the Archean Manitou-Stormy Lakes Greenstone belt, 47 kilometers southeast of Dryden in northwestern Ontario. Ivy Chong, the President and CEO comments, "We are making excellent progress since the start of the drilling and the core contains some of the most interesting mineralization that has not been previously seen. We look ahead to continue drilling over the summer and beyond." Eight holes totaling 1,320 meters have been completed to date out of the 4,000 meter drill program. TC-24-01 and -02, designed to test the upper 100 meters of the high-grade 'shoot' at the Pelham Zone, intersected at a depth of 125 meters in Dynasty's DP-23-04, -06 and -07 holes with interc...

New Destiny Mining Corp. , provides the following update on its 2024 exploration program at the Treasure Mountain project, near Princeton, BC. Photo of Historic Railroad Mine Adit To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5001/218151_4e6471f92403abc0_001full.jpg The 2024 drilling program is underway at the Railroad copper-silver mineralized zone. Hole TMN24-01 was drilled under the 2019 trench, where an average grade of 0.64% copper and 116.0 ppm silver was channel sampled over 4.2 metres near the historic mine adit. This drill hole intersected unmapped historic mine workings, which are now recognized to be more extensive than originally estimated. It appears there was some excavation done on the Railroad zone in the hist...

Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, today announces that its Board of Directors has unanimously approved the strategic spin-out of its Winston Group of Gold and Silver Properties into a newly incorporated and independent, publicly-traded company named Rio Grande Resources Ltd. pursuant to a court-approved plan of arrangement . Pursuant to the Arrangement, Foremost shareholders will receive two common shares of Rio Grande for each Foremost common share and will continue to retain their same proportionate interest in Foremost. The Company intends to retain an approximate 19.95% interest in Rio Grande following the completion of the Arrangement and prior to any financing. Concurrent with the completion of the Arra...

Finlay Minerals is pleased to report that a Controlled-Source Audio-Frequency Magnetotellurics ground geophysical survey completed on its 100% owned Silver Hope Property has confirmed four target areas. In May 2024, Finlay contracted Peter E. Walcott and Associates to complete 5 lines of CSAMT covering 8.8 kilometres over four target areas of the Silver Hope Property. These target areas included the Main Trend/West Cu-Mo Porphyry, the East Trend 1, and the Dina East. CSAMT, is a low-impact, non-intrusive ground geophysical survey which provides higher resolution images of near-surface rock types and layers and identifies resistive geological features such as conductive mineralized zones to depths of up to 2,000 metres . Finlay conducted CSAMT over the Main Trend and West Cu-M...

Elevation Gold Mining Corp. announces that it will today file an application to the Supreme Court of British Columbia for an order granting it protection from its creditors under the provisions of the Companies' Creditors Arrangement Act . The hearing at which the Initial Order will be sought from the Canadian Court is scheduled for August 1, 2024. Upon receipt of the Initial Order, in order to extend the protection granted under that order to the United States, Elevation Gold intends to file a petition under chapter 15 of the US Bankruptcy Code with the US Bankruptcy Court for the District of Arizona. After careful consideration of Elevation Gold's cash position, scheduled and outstanding debt payments, forecast revenue and expenses and all available alternatives to seeking ...

Ashley Gold Corp. has sampled the historic Ceciliate portal on the Sahara Property with a successful assay of 1.26% eU3O8,50 feet within the underground workings. The Ceciliate Portal is 3.9 kilometers south-southeast of the historic Sahara Portal accessing a historic non-compliant reserve of 500,000lbs of eU3O8*, Ashley's main resource target. The Ceciliate workings include over 1.2 kilometers of surface bench cuts across the deposit as well as an underground adit and is thought to be directly related to the Big Body deposit located 1.5 km to the north. Historically the Big Body deposit had 118 drillholes completed on it in addition to the over 675 drillholes completed at the Sahara deposit over 2 kilometers to the North. The footprint of defined mineralization at Big Body i...

Battery Mineral Resources Corp. is pleased to announce a second shipment of copper concentrates related to the Offtake Agreement with Anglo American Sur. S.A. a division of Anglo-American PLC. The Company has supplied 751.65 dry metric tonnes of copper concentrates to Anglo's Chagres smelter in Catemu, Chile. The copper concentrates were produced from copper smelting by-products supplied to BMR by Anglo. The copper concentrates were produced at BMR's Punitaqui copper flotation plant and contained 24.22 percent copper, for approximately 410,348 pounds of copper in concentrate. Martin Kostuik, Chief Executive Officer, stated, "This second copper concentrate shipment marks another significant stride towards positive cash flow, in line with Battery's goal of building a mid-tier c...

On July 29, 2024, First Phosphate CEO, John Passalacqua, indirectly acquired a total of 366,500 common shares of First Phosphate Corp. in the open market. Mr. Passalacqua now beneficially owns and controls 11,204,529 Shares and 2,941,500 securities convertible into Shares representing approximately 18.82% of the outstanding Shares on a non-diluted basis and 18.11% on a partially diluted basis assuming exercise of all such convertible securities. Prior to the acquisitions noted above, Mr. Passalacqua beneficially owned and controlled 9,798,607 Shares, 1,200,000 incentive stock options, and 122,500 common share purchase warrants each convertible into one Share. Given recent equity issuances, this represents a percentage decrease of approximately 2.69% on a non-diluted basis and...

Global Energy Metals Corp. TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 , a multi-jurisdictional, multi-commodity critical mineral exploration, development and project generating company focused on growth-oriented projects supporting the global transition to clean energy, is pleased to announce results from recent diamond drilling that was completed and is being sole-funded by joint venture partner Metal Bank Ltd. at the Millennium Project in northwest Queensland, Australia. These results include significant high grade graphite intervals adjacent to the existing Co-Cu-Au mineral resource of 8.4Mt @ 1.23% CuEq . Highlights High grade graphite returned from MI24DD001 including: 2.6m @ 19.2% TGC from 168.4m; 5.8m @ 17.4% TGC from 180m; and 3.8m @ 17.6% TGC from 188m Graphite...

VANCOUVER, BC, July 30, 2024 /CNW/ - The following issues have been halted by CIRO Company: Elevation Gold Mining Corp. TSX-Venture Symbol: ELVT All Issues: Yes Reason: Pending News Halt Time : 7:57 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff can...

Tuktu Resources Ltd. is pleased to announce the earning on the Company's recently executed farm-in agreement and successful test of a new oil zone in the deep basin of southern Alberta. As previously announced, on July 17, 2024, the Company executed a definitive agreement with an arm's length private company to farm-in on certain undeveloped rights in the Southern Alberta deep basin. Pursuant to the terms of the Agreement, Tuktu perforated and fracture stimulated a new Mississippian reservoir in a standing well obtained through the asset acquisition announced in the Company's press releases dated December 29, 2023 and October 18, 2023. The zone was identified as bypass pay in a standing well and confirms a new oil fairway for the Company. The operation also earned 6 gross sect...