Ceylon Graphite Corp. is providing this default status report in accordance with National Policy 12-203 - Management Cease Trade Orders . On July 30, 2024, the Company announced that it was not in a position to file its audited financial statements, CEO and CFO certifications, and management discussion and analysis for the year ended March 31, 2024 on or before July 29, 2024. On July 30, 2024, the British Columbia Securities Commission, as principal regulator, granted a the Company a management cease trade order . The Company continues to work diligently to complete the audit by September 27, 2024. Pursuant to NP 12-203, the Company must file bi-weekly default status reports in the form of further news releases during the period of the MCTO. The Company reports that since its...

K92 Mining Inc. is pleased to announce financial results for the three and six months ended June 30, 2024. Production Quarterly production of 24,347 ounces gold equivalent or 21,661 oz gold, 1,246,639 lbs copper and 26,754 oz silver . Production for the quarter was impacted by the temporary suspension of operations as previously announced. Cash costs of US$919/oz gold and all-in sustaining costs of US$1,510/oz gold . Strong metallurgical recoveries in Q2 of 93.7% gold and 95.3% copper, representing the highest gold recoveries since Q4 2019 and record quarterly recoveries to date for copper. Quarterly ore processed of 95,582 tonnes and total ore mined of 99,209 tonnes, with long hole open stoping performing to design, and 1,938 metres of total mine development. Head grade of 8...

Contango Ore Inc. announced today it filed its Form 10-Q for the quarter ended June 30, 2024 with the Securities and Exchange Commission. The Company reported a net loss of $18.5 million or a loss of $1.90 per basic and diluted share for Q2-2024, which includes a non-cash expense of $12.6 M related to a loss on mark-to-market derivative contracts, calculated based on a forward gold price compared to the contracted hedge price. This compares to a net loss of $10.4 M or a loss of $1.38 per basic and diluted share for the three month period ended June 30, 2023 . The primary reason for the increase in net loss in the 2024 period is due to the Company entering into derivative gold hedging contracts with its lenders in the second half of 2023. Furthermore, the Company incurred incr...

Gold Royalty Corp. is pleased to announce the filing of its operating and financial results for the three and six months ended June 30, 2024. All amounts are expressed in U.S. dollars unless otherwise noted. David Garofalo, Chairman and CEO of Gold Royalty, commented: "The second quarter of 2024 was transformational for Gold Royalty as we meaningfully enhanced our growth outlook through the Vares Copper Stream transaction. We are now on the cusp of several key development stage assets ramping up to full capacity such as Côté, which recently achieved commercial production, Vares which is set to achieve commercial production in the fourth quarter, and Borborema, which is on track for initial production in the first quarter of 2025. Our strategic acquisitions over the past twelv...

Electra Battery Materials Corp. today announced voting results of its 2024 annual general and special meeting of shareholders held today, August 13, in Toronto. A total of 13,467,376 common shares in the capital of the Company , or 23.6% of Electra's issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of all items of business put forth at the meeting, including the appointment of MNP LLP as external auditors. On a vote by ballot, each of the four director nominees listed in the management circular were elected to serve until the next annual meeting of shareholders or until their replacement is named: Nominee Votes For % of Votes For Votes Against % of Votes Against Trent Mell 4,933,319 83.89% 947,188 16.11% ...

Elcora Advanced Materials Corp. , , is providing this update on the status of a management cease trade order granted on July 30, 2024 by the Nova Scotia Securities Commission under National Policy 12-203 - Management Cease Trade Order . On July 12, 2024 and July 30, 2024, the Company announced that, for reasons disclosed in the news releases, there would be a delay in the filing of its financial statements and accompanying management's discussion and analysis for the fiscal year ended March 31, 2024 beyond the period prescribed under applicable Canadian securities laws . "We are working very hard to complete all of the remaining audit tasks as soon as possible," said Troy Grant, CEO of the Company. During the MCTO, the general investing public will continue to be able to trad...

New Destiny Mining Corp. , provides the following update on its 2024 exploration program at the Treasure Mountain project, near Princeton, BC. Copper mineralization on hole TMN24-04 . A) Hydrothermally altered and banded volcanic unit with gray silica, chalcopyrite, and pyrite in bands. B) Disseminated network textured chalcopyrite in bands with pyrite and sphalerite within a volcanic unit. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5001/219800_1e5e6004747f2a2c_002full.jpg Drilling continues at the Railroad copper-silver zone from the Treasure Mountain property. Hole TMN24-04 was designed to test the extension of the mineralized zone at the Railroad zone. TMN24-04 intersected an altered and banded volcanic unit from 13.61 ...

Coniagas Battery Metals Inc. is pleased to announce that all six nominees listed in its management information circular dated June 26, 2024 were elected as directors at the Company's annual meeting held today in Montreal with a vote of more than 99% of the votes cast at the meeting. Coniagas' Board of Directors now consists of Jessie Acton, Daniel Barrette, Aurelian Basa, Frank J. Basa, Ronald Goguen, Sr. and Heidi Gutte. At the meeting, shareholders also approved a resolution confirming an amendment to Coniagas' by-laws pertaining to quorum for shareholders' meetings and reappointed McGovern Hurley LLP, Chartered Professional Accountants, as Coniagas' auditor. About Coniagas Battery Metals Inc. Coniagas Battery Metals Inc. is a Canadian junior mining company, focused on nick...

Colibri Resource Corp. is pleased to report that the co-owner of its Pilar Gold & Silver Project in Sonora, Mexico, Tocvan Ventures has released an update regarding the plans for the next phase of resource definition drilling and outlines a permitting and operations strategy for a pilot facility at the jointly held Pilar Main Zone. Tocvan Pilar News Release - August 13th, 2024: Highlights: Upcoming Core Drill Program at Pilar Main Zone Scheduled for September Start Outlines Plans for Resource Drilling with Core and RC Calgary, Alberta - August 13, 2024 - Tocvan Ventures Corp. is pleased to provide an update from its gold-silver projects in mine-friendly Sonora, Mexico. The Company will refer to the consolidated area that includes the Pilar Main Zone and the adja...

Press Release Loncor to resume drilling on its 3.66 Million Ounce Adumbi Deposit and Four Prospects on its Imbo Exploitation Licence Two rigs to target gold mineralisation below the open pit and an additional rig will undertake scout drilling of four exploration targets along the Adumbi mineralised structural trend Toronto, Canada - August 13, 2024 - Loncor Gold Inc. is pleased to announce that drilling equipment and personnel have arrived at the Adumbi camp to resume drilling on the Company's flagship Adumbi gold project and at four prospects within the Imbo exploitation licence and where Loncor Gold has a 84.68% attributable interest. Adumbi is situated approximately 220 kilometres from Africa's largest gold mine, Barrick Gold/ AngloGold Ashanti's Kibali Gold Mine, a hub fo...

ST. JOHN'S NL, Aug. 13, 2024 /CNW/ - Aurion Resources Ltd. announces that the Board of Directors of the Company has authorized the granting of stock options under its Stock Option Plan to purchase 2,800,000 common shares of the Company at an exercise price of $0.57 per share for a five-year term expiring August 13, 2029. The stock options are being granted to certain directors, officers, employees and consultants of the Company. About Aurion Resources Ltd. Aurion Resources Ltd. is a well-funded, Canadian exploration company listed on the TSX Venture Exchange and the OTCQX Best Market . Aurion's strategy is to generate or acquire early-stage precious metals exploration opportunities and advance them through direct exploration by our experienced team or by business partnerships...

Southern Silver Exploration Corp. has closed the second tranche of its previously reported non-brokered private placement by issuing 5,911,500 units at a price of $0.22 per unit for gross proceeds of $1,300,530. The Company has now closed two tranches for a total of 15,420,478 units for gross proceeds of $3,392,505. At final closing, the Company plans to issue up to 20,454,546 units in the non-brokered private placement at a price of $0.22 per unit for gross proceeds of $4.5 million. Each unit will consist of one common share and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.30. In connection with the Offering, the Company paid finders' fees totalling $7,920 and issued an aggregate ...

TSXV:OIII | OTCQX:OIIIF - O3 Mining O3 Mining Inc. is pleased to congratulate its largest shareholder Osisko Mining Inc. on its recently announced transaction with a 100% owned Canadian subsidiary of Gold Fields Ltd. whereby Gold Fields will acquire all of the issued and outstanding shares of Osisko . Osisko holds 18,291,854 commons shares which represents 20.7% of the Corporation and is the Corporation's largest shareholder. O3 Mining looks forward to working together with Gold Fields following the completion of the Transaction. Osisko Mining and Gold Fields Transaction Osisko has entered into a definitive arrangement agreement dated August 12, 2024 pursuant to which Gold Fields, has agreed to acquire all of the issued and outstanding...