MONTRÉAL, Nov. 7, 2023 /CNW/ - QNB Metals Inc. is pleased to announce the appointment of Mario Bouchard as the Company's Director of the board effective November 7, 2023. Until his retirement in June 2020, Mario Bouchard was assistant deputy minister for strategic industries and major economic projects at the Ministry of Economy and Innovation for around fifteen years. Previously, he held the position of Associate Deputy Minister of Energy for four years at the Ministry of Natural Resources. Finally, he worked at the Ministry of Finance for around twenty years, notably as assistant deputy minister responsible for state corporations and economic projects. During his 42-year career within the government in economic-oriented positions for nearly four decades, Mr. Bouchard was in...

Plato Gold Corp. is pleased to announce that it has commenced a drill program on Marriott Gold Property, Matheson, Ontario. The drill program will consist of 450 m and 2 drill holes on exploration targets based on prospective geology and geophysics . The drill program is a follow up on Plato's airborne magnetic survey using Unmanned Aerial Vehicle in the spring of 2022. The drill holes are located 11 km east of Agnico Eagle's Holt gold mining complex. Marriott Property highlights: Located within Abitibi Greenstone Belt gold mining camp Excellent access - located on Highway 101 Excellent infrastructure - located 45 km northeast of Kirkland Lake and 130 km east of Timmins The proposed drill holes were selected based on geophysics and geology characteristics of Abitibi gold depo...

Amerigo Resources Ltd. is pleased to announce that Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile, received on November 6, 2023, the 2023 Distinction for Excellence award from Chile's Workers Safety Institute . This national award recognizes companies' excellence, contributions and results in fostering a preventive safety culture and workers' safety. MVC received the award for companies with over 100 employees. Last August, MVC reached a significant safety milestone, recording 18 months without lost time accidents. This outstanding performance continues to date, and the award received yesterday also recognizes this achievement, in addition to the innovative programs MVC has rolled out with its workers and third-party collaborators to pro...

ALX Resources Corp. is pleased to announce the completion of a surface prospecting program in October 2023 at its 100%-owned McKenzie Lake Uranium Project located in the southeastern Athabasca Basin area of northern Saskatchewan, Canada. McKenzie Lake 2023 Prospecting Program The purpose of the 2023 prospecting and mapping program was to follow up on the results of ALX's 2021 airborne radiometric survey that had detected a highly-anomalous uranium signature that was determined to be related to uranium mineralization in a basement derived boulder discovered in an initial site visit to McKenzie Lake . Access to the Project in October 2023 was gained by helicopter and supported a three-person geological crew for prospecting. Weather conditions limited the amount of field work th...

PolyMet Mining announces that it has completed the transactions contemplated by the previously announced statutory plan of arrangement under Part 9, Division 5 of the Business Corporations Act involving the Company and Glencore AG. Pursuant to the Arrangement, Glencore acquired the approximately 17.82% of the issued and outstanding common shares of PolyMet that Glencore did not already own for US$2.11 in cash, per Minority Share. PolyMet has applied to have its common shares delisted from the Toronto Stock Exchange and the NYSE American and has applied to cease to be a reporting issuer under Canadian securities laws. Once PolyMet ceases to be a reporting issuer, the Company will no longer be subject to the ongoing continuous disclosure and reporting obligations currentl...

Basement-Hosted Mineralization of 6.5 metres at 0.73% eU3O8; Including 1.8 metres at 1.91% eU3O8 Step Out Drilling Intersects Alteration and Fault Structures Above Unconformity 800 Metres Northeast of Pike Zone CanAlaska Uranium Ltd. is pleased to announce successful completion of the summer 2023 drilling program at its West McArthur project . The drill program is highlighted by WMA082-2 that intersected 6.5 metres at 0.73% eU3O8, including 1.8 metres at 1.91% eU3O8. WMA082-2 has confirmed high-grade basement mineralization immediately below the unconformity at the Pike Zone. Basement-hosted uranium mineralization has now been confirmed over 160 metres into the basement along the controlling fault structures and remains completely open in multiple directions. Step out drill ta...

Caprock Mining Corp. is pleased to announce the results of a high-resolution, drone-based magnetics survey that was recently completed at its Ackley Lithium-Tin-Molybdenum-REEs property located in south-eastern Newfoundland. Conclusions from the survey include: There is an extensive greisen zone directly associated with a large area of magnetic low at the contact between the intrusive granite and the meta-volcanic/meta-sedimentary country rock; The zinnwaldite mineralization so far identified from limited prospecting in this area occurs on the northern side of the contact between the intrusive granite and the large greisen zone; Zinnwaldite appears to be more directly associated with the intrusive granite but occurs proximal to the greisen zone; Both the greisen zone, and the...

Lithium One Metals Inc. is pleased to announce results from phase one of its exploration campaign in the James Bay lithium district, Quebec. A systematic sampling and mapping program has been completed at Highway, Taycan, Bus and Bugatti properties with initial results highlighting an elevated trend of lithium-cesium-tantalum pegmatite indicators at Highway and Bus properties. The newly identified trend will be prioritized for drill testing in the upcoming, multi-project drill program. Highlights LCT Enrichment Trend at Highway and Bus Properties. Abundant pegmatites were mapped on all four properties with anomalous Li, Cs, Ta, and Rb results returned in initial samples from Highway and Bus. These results highlight a new trend of elevated LCT pegmatite indicator elements, whi...

Discovery Lithium is pleased to announce it has commenced a field exploration program at its Route Du Nord project in the prolific lithium district of the James Bay region of Quebec. The Route Du Nord project appears to be situated within a prospective structural corridor for lithium, which is on trend with the well documented regional discovery known as the Whabouchi Deposit1. The structural corridor contains high levels of lithium in both till and lake sediment samples with respect to the surrounding areas. Elements such as beryllium, cesium, rubidium, and tungsten are also found elevated within the Valiquette Pluton making it a fertile source for the fractionation of LCT pegmatites. The Valiquette Pluton lies within Discovery’s James Bay claim area.

Lancaster Resources is pleased to announce the administrative approval of its maiden drill program at its Alkali Flat Project. The New Mexico MMD has declared Lancaster’s Minimal Impact Exploration Permit Application for its Phase 1 Exploration Drilling at the Alkali Flat Lithium Brine Project to be administratively complete, marking a significant step forward in this pioneering exploration effort.

"The approval of our maiden drilling program will not only be a significant economic milestone for Lancaster but also a moment of affirmation for our commitment to responsible exploration," said Andrew Watson, Lancaster's VP Engineering & Operations. "We are at the c

Radius Gold is pleased to provide an update on drilling at its Tropico Project located in the Fresnillo mining district in Zacatecas. The Company completed an initial 1300m program of diamond drilling in 8 drillholes, with assays received for the first 7 holes. Drilling is planned to resume upon receipt of remaining assay results. Drilling in 5 holes has defined a large gold mineralized hydrothermal breccia body that starts at surface and to date defined 250m down dip. Gold grades are starting to increase with depth, with results for the last and deepest hole pending. Figure 1. Tropico cross-section with drill results. Click Image To View Full Size Initially the geological team targeted a simple model of a vertical breccia pipe below...

Renforth Resources Inc. would like to inform shareholders that the Fall 2023 drill program on Renforth's wholly owned 330 sq. km. Surimeau property has begun, focused on ~2km of mineralized strike in the central portion of the ~20km long Victoria mineralized structure. Renforth interprets the Victoria Mineralized Horizon, which stretches ~20km west to east across the central portion of the ~330 sq. km. Surimeau property, to be an "Outokumpu" style mineralized occurrence, commencing on surface to the deepest pierce point drilled to date, ~160m vertical depth. Outokumpu refers to a mining district in eastern Finland where several similar deposits have been mined since the e...

Forum Energy Metals Corp. announces historical assay results 25 metres to the east-northeast of the 2023 summer drilling on its Thelon Basin uranium project located 100 km west of Baker Lake, Nunavut. Forum holds a 100% interest in 95,500 hectares of ground adjacent to Orano's 133 million pound Kiggavik uranium project*. Interpretation of historic uranium assay results from drilling in 2010 and 2011 on trend from Forum's drilling on the Tatiggaq deposit this summer confirms the potential to extend mineralization for up to 1.25 kilometres. The Tatiggaq deposit is located five kilometres west of Orano's 93 million pound Andrew Lake and End uranium deposits . HIGHLIGHTS Intersection of uranium mineralization shows continuity and consistency of high-grade mineralization 25 m east-...