Masivo Silver Corp. is pleased to announce that it has commenced the drilling Hole BM-24-03 or Hole No.3 at the Boston Mine, Masivo's high-grade gold, silver and copper project in "Elko County" in the State of Nevada. The objective of Hole BM-24-03 or Hole No.3 is targeting the down dip extension of High-grade ore described in historic reports . The drill core of hole BM-24-02 or Hole No.2 was successfully delivered to the certified lab to get analyzed, the company expects results within six weeks. "Hole No.2 showed us continuous visible high mineralization in the core, allowing us to extend the hole 100 feet beyond the expected depth, this is what allowed us to extend the target depth 3 times, we are very excited to get results back from the lab in a few weeks," commented Da...

Newlox Gold Ventures Corp. reports that there has been a delay in the filing of its annual audited financial statements resulting in the issuance of a cease trade order by the BC Securities Commission. Management has been working closely with the Company's independent auditing firm to expedite the filing, and no material issues have been found during the process. The audit is currently in the final stages, and management expects the auditing firm to complete the final review this week. However, given an independent accounting firm conducts the audit, the exact timing of the audit completion is beyond management's control. Every effort is being made to support the auditors in their work and all requested documentation has been submitted. Newlox Gold confirms that the Company o...

Tantalex Lithium Resources Corp. is pleased to announce a non-brokered private placement consisting of approximately 118,586,450 common shares at a price of $0.035 per Common Share for gross proceeds of up to USD$3,000,000 . The number of Common Shares to be issued is subject to change depending on the foreign exchange rate of the US currency to Canadian currency to be determined on the closing date. There will be no finders fees paid on the Private Placement. Certain insiders of the Corporation, including Mr. Simon Collins, director, and Afrimet Resources Ag may acquire Common Shares in the Private Placement. Any participation by insiders in the Private Placement would constitute a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Mino...

Equinox Gold Corp. wished its cycling and support team good luck yesterday as they set off for the Ride to Greenstone, an epic 3,634 km bike relay from Vancouver, BC to Geraldton, Ontario, to celebrate the official opening of the Company's new Greenstone Mine. The focus of the ride is to raise money for the Geraldton District Hospital, which serves a 2,767-km2 region in Northern Ontario including five Indigenous communities and the Greenstone Mine workforce. Equinox Gold's mine sites in California, Mexico and Brazil are sending cyclists to join this expedition and are also organizing a variety of events to raise money for charities in their local communities, bringing the Company's global workforce, contractors and suppliers together to support the communities in which we wor...

Sonoran Desert Copper Corp. is pleased to announce that the Company has signed an amendment to the option to purchase a 100-per-cent interest in the Cuatro Hermanos Porphyry Copper Project , located in Sonora, Mexico, 185 kilometres southeast of Hermosillo. Under the Amendment, dated July 29th, 2024 Original terms of the Option are detailed in the News Release dated February 9, 2023 Payments reduced for years 2025 - 2027 Expenditures reduced for years 2024 - 2027 to the amount required under Mexican regulations Mine Taxes reduced through the termination of the San Lorenzo concession from the 4H Option Updated Transaction Details To exercise the Purchase Option, SDCU will now make cash payments to Minerales Y Yacimientos Mexicanos Sacramento, S.A. DE C.V. and complete work expe...

McEwen Mining Inc. invites you to join our conference call following the release of our Q2 2024 financial results on Thursday, August 8th, 2024, at 11:00 AM EDT, where management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast. Thursday August 8th 2024 at 11:00 AM EDT Toll Free Dial-In North America: 210-3454 Toll Free Dial-In Other Countries: https://events.q4irportal.com/custom/access/2324/ Toll Dial-In: 960-0130 Conference ID Number: 3232920 Webcast Link: https://events.q4inc.com/attendee/655979798/guest An archived replay of the webcast will be available approximately 2 hours after the conclusion of the live event. Access the replay on the C...

Montero Mining and Exploration Ltd. is pleased to announce that it intends to complete a non-brokered private placement of up to 4,814,815 common shares of the Corporation at a price of $0.27 per Common Share, for gross proceeds of up to $1,300,000 . Montero intends to use the net proceeds from the Offering for general corporate and working capital purposes. Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities. The Corporation may pay finders' fees in connection with the Offering in cash or securities, or a combination thereof. The securities to be issued pursuant to the Offering will be subject to a ...

TORONTO and PERTH, Australia, Aug. 6, 2024 /CNW/ - Westgold Resources Limited - is pleased to announce that its shares commenced trading on the Toronto Stock Exchange at 9:30am EDT on 6 August 2024 under the ticker symbol WGX. Westgold has retained its primary listing on the ASX under the ticker symbol WGX. The listing follows the completion of a merger between Westgold and Karora Resources Inc. on 1 August 2024 under which Westgold acquired 100% of the issued and outstanding shares of Karora by way of a statutory plan of arrangement under the Canada Business Corporations Act . Karora Shares were delisted from the TSX at market close on 2 August 2024 and Westgold has applied for Karora to cease to be a reporting issuer under applicable Canadian securities laws. F...

Established gold producer Austral Gold Ltd. advises that further to its announcement of July 25, 2024, its subsidiary Austral Gold Canada Limited completed the sale of shares of Unico Silver Limited , to the Company's largest shareholder, Inversiones Financieras del Sur SA Sociedad Anonima , pursuant to a share purchase agreement dated July 24, 2024 . The Company's directors, Eduardo Elsztain and Saul Zang, are also directors and shareholders of IFISA. Under the agreement, AGCL sold 8,139,023 previously issued common shares of Unico to IFISA at a price of A$0.1863 per Unico Share , totaling A$1,516,300 . The Cash Consideration per Unico Share was equal to the greater of: A$0.1863 per share, which is equal to the five-day volume weighted average price for Unico shares on the A...

Globex Mining Enterprises Inc. is pleased to inform shareholders as regards work undertaken by Scandium Canada Ltd. on their adjoining property to Globex's Crater Lake area property. Scandium Canada reported that they have completed two separate types of drill programs at their Crater Lake Scandium Project located 200 km ENE of Schefferville, Quebec . The drilling campaign had two objectives. The first objective, the drilling of 6 geo-mechanical holes totalling 1,669 m, was completed to determine the optimal angles of the slopes of a proposed open pit design for a pre-feasibility study. The second objective, 1,185 m in 7 drill holes, was to confirm the potential extension of the TG Zone for an additional 250 metre length. The company reported "mineralization is p...

HIGHLIGHTS Exploration ramped up across Novo Resource's priority Pilbara targets in Q2 2024, with drilling programs running concurrently at Nunyerry North and the Becher Project in the Egina Gold Camp. Drilling at Nunyerry North commenced in May 2024 and was completed in late July 2024 with over 3,200 m reverse circulation drilling to date. The program tests multiple new targets along strike of known mineralisation and down plunge of existing intercepts. Final assays expected mid- August. Follow-up aircore and RC drilling programs commenced at Novo's flagship Becher Project by De Grey Mining with two drill rigs. Initial focus for these programs is on testing gold and base metal mineralisation at the priority Heckmair and Lowe Prospects. De Grey plans to undertake a further 28,000 m of com...

Xtra-Gold Resources Corp. is pleased to provide the following summary of the unaudited Financials ending June 30, 2024: -Total Assets of US$13,511,022 comprised mainly of cash, liquid securities, and gold inventory ; - Zero Debt; -Total Income for the quarter of US$1,434,566; and -Net Income of US$664,764. The full details of the Quarterly Financials with MD&A can be viewed on the Company's website at www.xtragold.com. James Longshore, CEO/Co-Founder states: "Our Company had another very successful quarter, covering all our exploration drilling and operating costs. Excess cash from our alluvial gold project continues to strengthen our balance sheet, with over US$12 million in liquid assets . Our exploration team is currently preparing to drill several high-priority gold t...

Saga Metals Corp. , a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce that Saga's exploration team has completed a two-week field program at the Radar Titanium-Vanadium project just south of the town of Cartwright on the coast of Labrador. This program was designed to bring the exploration team together in Labrador to advance the understanding of the Radar Ti-V project through the necessary claim's maintenance spend required on an annual basis. Meanwhile also coordinating and organizing the logistics, including the helicopter, fuel cache and fuel supply needed for mobilization to the Double Mer Uranium project in a week's time. The Company's Radar Ti-V Project encompasses 17,250 hectares and is located with road acces...