Red Lake Gold Inc. provides a corporate update. Financing Update The Corporation reports that it has discontinued its previously announced financing , with no common shares having been issued thereunder. As at the date hereof, the Corporation has 41,739,169 common shares issued and outstanding. Additional Update The Corporation was yesterday advised by its geological consultants, Fladgate Exploration Consulting Corporation , that full and final laboratory results from the Corporation's recent exploration program have been received by Fladgate . Red Lake Gold expects to receive said laboratory results this week from Fladgate and will then undertake to review and analyze the same, and if appropriate then being followed by the Corporation endeavouring to provide a near-term upda...

American Salars Lithium Inc. announces that its common shares will commence trading under the symbol "USLIF" effective today August 7th, 2024, on the OTC Markets, a US trading platform that is operated by the OTC Markets Group in New York. The Company's common shares will continue to trade on its primary market, the Canadian Stock Exchange under the symbol "USLI" as well as on the Frankfurt Stock Exchange under the symbol "Z3P". In addition, the Company is pleased to announce that it has received DTC eligibility by The Depository Trust Company , a subsidiary of the Depository Trust & Clearing Corporation . Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities speeds up...

Argo Gold Inc. has entered into an agreement to acquire mineral claims in North Saskatchewan pursuant to which Argo Gold can acquire a 100% interest in certain mineral claims located 120 kilometres north of La Ronge, Saskatchewan in exchange for an aggregate of $7,000 cash and 1,000,000 common shares of the Company. The common shares issuable thereunder will be subject to a statutory hold period of four months and one day from the date of issuance. The North Saskatchewan mineral claims consist of 5955 hectares proximal to the past-producing Rottenstone Mine which produced nickel, copper, gold and platinum group metals from 1965 to 1969. The open pit mine operated during a summer production season, with winter haulage, and the concentrate produced was shipped to Copper Cliff, ...

Showcase Minerals Inc. is pleased to announce that it has commenced its Phase 1 exploration program on the Pontiac Uranium Project located in Québec, Canada this week. The Phase 1 exploration program will involve prospecting, geological mapping, and sampling activities, complemented by scintillometer radiometric surveys. This initial phase aims to verify historical mineralization and exploration targets, and to identify new potential areas of interest on the Project. Historical data indicates uranium mineralization at surface levels ranging from 0.11% to 1% uranium oxide , with drill hole results revealing values of 0.07% U3O8 over 4.6 meters within granitic rocks interbedded with hornblende gneisses. "We are thrilled to embark on this exploration program, which marks a signi...

Filo Corp. is pleased to announce that it has closed its previously announced private placement of 3,484,848 common shares in the capital of the Company issued at a price of C$33.00 per share for gross proceeds of C$114,999,984.00 . The Private Placement was made pursuant to subscription agreements entered into between Filo and each of BHP and Lundin Mining Corp. . Upon completion of the Private Placement, each of BHP's and Lundin's equity interest in the Company has increased by approximately 1.3%, resulting in each of them now owning, directly or indirectly, approximately 7.1% and 1.7%, respectively, and the Company now has 134,685,648 Filo Shares issued and outstanding. The Private Placement entails a dilution of approximately 2.6% of the number of shares and votes in the C...

Cascada Silver Corp. announces that it has granted 14,010,000 stock options with 6,780,000 options granted to directors and officers of Cascada and 7,230,000 options granted to Cascada consultants. Each option entitles the holder to acquire one Cascada common share at an exercise price of $0.05 until August 8, 2027. Mina Guanaca Drilling Program At the Mina Guanaca Copper Property, preliminary mapping has been completed and drone-based topography will be finished shortly enabling Cascada to tie-in the existing mine infrastructure, exposed oxide copper mineralization, and historical drill pads. The completion of this compilation will allow Cascada to refine the location of the planned drill holes. Drilling is anticipated to commence this month. NI 43-101 Technical Disclosure T...

JOHN'S, NL, Aug. 7, 2024 /CNW/ - Aurion Resources Ltd. announces that it has completed its previously announced best efforts private placement , and non-brokered private placement , for aggregate gross proceeds of approximately C$9,036,481 from the sale of 16,429,965 common shares of the Company at a price of C$0.55 per Common Share . Best Efforts Private Placement Under the Brokered Offering, the Company issued an aggregate of 14,545,455 Common Shares at a price of C$0.55 per Common Share for aggregate gross proceeds of C$8,000,000, which includes the full exercise of the agent's option. The Brokered Offering was led by Red Cloud Securities Inc., as lead agent and sole bookrunner, on behalf of a syndicate of agents including Canaccord Genuity Corp., Haywood Securities Inc., ...

New Destiny Mining Corp. provides the following update on its 2024 exploration program at the Treasure Mountain project, near Princeton, BC. Recent prospecting that is being done in conjunction with the current drill program resulted in a the discovery of a new mineralized zone at Jim Kelly Creek. Rusty vein quartz material containing abundant chalcopyrite mineralization was discovered near the creek at high elevation. The material appears to be sourced from an east-west striking zone that follows a break in slope. The vein material contains up to 50% chalcopyrite mineralization . Quartz vein discovered from prospecting at the Treasure Mountain property, showing abundant chalcopyrite mineralization To view an enhanced version of this graphic, please visit: https://images.news...

Endeavour Mining Plc 7 August 2024 Notification of transaction by Persons Discharging Managerial Responsibilities 1 Details of the person discharging managerial responsibilities / person closely associated Name Srinivasan Venkatakrishnan 2 Reason for the notification Position/status Chair 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Endeavour Mining plc b) Legal Entity Identifier code 529900NI5MXQ91GHXR07 4 Details of the transaction: a) Description of the financial instrument, type of instrument Ordinary Shares of US$0.01 each b) Nature of the transaction Purchase of Ordinary Shares c) Currency GBP d) Price and volume Price Volume 15.52598 5,000 Aggregated information Aggregated Volume Price N/A Singl...

Highlights Mapping and sampling across unsampled areas at the new Bluegrass Resource Area completed 40 surface geochemical samples collected and assayed with Total Rare Earth Oxide grades up to 4,815 ppm The Bluegrass and Overton Mountain geology consists of homogenous target mineralized material Reconnaissance scale mapping and sampling across the Sommer's Flat Resource Area performed 48 surface geochemical samples collected and assayed with TREO grades up to 5,280 ppm Results continue to demonstrate upside potential of the Halleck Creek district. DENVER, Aug. 07, 2024 -- American Rare Earths is pleased to announce the release surface geochemistry samples across the Bluegrass, northern Overton Mountain, and Sommers Flat Area at the Halleck Creek Rare Earths project. ARR geol...

Lithium Chile Inc. is pleased to provide an update on the proposed "spin-out transactions" involving two newly formed subsidiaries: Lithium Chile 2.0 Inc. and Kairos Gold Inc. It is intended that Lithium Chile will continue to hold its advanced Salar de Arizaro lithium project while the remaining lithium salar properties will be transferred to Lithium Chile 2.0 Inc. and the properties that are prospective for gold, copper and silver will be transferred to Kairos Gold Inc. The shares of both Lithium Chile 2.0 Inc. and Kairos Gold Inc. are intended to be "spun-out" to the Company's shareholders after a special meeting of shareholders to approve the proposed transaction. Materials enabling shareholders to make an informed decision on the merits of the "spin-out transactions" hav...

Option of Basin claims to Refined Energy for $75,000 cash, 175,000 shares and $200,000 work commitment. Option of Milner claim to Refined Energy for $45,000 cash, 100,000 shares and $150,000 work commitment. 2% NSR Searchlight Resources Inc. is pleased to announce that the Company has entered into option agreements with Refined Energy Corp. , dated August 6, 2024, which grants Refined Energy the right to acquire up to 100% interest in each of the Basin and Milner prospective uranium properties located in the Athabasca Basin region, Northern Saskatchewan, Canada. "We are pleased to partner with Refined to advance the Basin and Milner uranium properties, and look forward to a successful venture," stated Stephen Wallace, Searchlight's CEO. "Searchlight will continu...

Silver Valley Metals Corp. , announces that the sale of the Ranger-Page Project in the Silver Valley, northern Idaho, USA has closed. On July 15, 2024 the Company press released the signing of an asset purchase agreement with Silver Dollar Resources Inc. whereby Silver Dollar aquired the right to acquire from Silver Valley and its subsidiary, North Idaho Metals Corporation, the right, title and interest in the assets related to the "Ranger-Page Project" located in Shoshone County, Idaho, USA , including the option rights under the Government Gulch Option and Joint Venture Agreement and the Page Mine Mineral Rights Lease and Option Agreement . The disposition transaction does not involve non-arm's length parties. The sale of the Ranger-Page Project to Silver Dolla...