Sanu Gold Corp. is pleased to announce commencement of the next phase of work on the Company's flagship Bantabaye Gold Exploration Permit in Guinea, West Africa. The Permit, which lies on the western margin of Guinea's prolific Siguiri Basin, is located approximately 50 km[1] south of the multi-million ounce Lefa Gold Mine and 80 km north of the multi-million ounce Bankan Gold Project. Martin Pawlitschek, President and CEO of Sanu Gold commented: "Following the closing of our fully subscribed $3.45M private placement, I am pleased to announce we have begun Sanu Gold's next, fully funded phase of work at Bantabaye. We are excited to follow-up on the high-grade discovery from our inaugural drill program, as our team focuses on continuing to drive discovery and demonstrate the p...

Nevada Lithium Resources Inc. is pleased to announce the commencement of a sonic drilling program across portions of its 100% owned Bonnie Claire lithium project . The drilling is part of the current work program that commenced in the summer of 2023 , advancing the Project towards an expected Pre-Feasibility Study in 2024. Nevada Lithium's CEO, Stephen Rentschler, comments: "Optionality is one of the greatest assets of Bonnie Claire. Our land package and geology provide us with the opportunity to evaluate multiple paths to unlock shareholder value. The initial phase of our sonic drilling field program will assess suitability of strata for open-pit mining methods, and will deepen our understanding of basin water flow, which relates to a number of different aspects of the Proje...

Nov. 6, 2023 /CNW/ - Laurion Mineral Exploration Inc. is pleased to announce that it has closed its previously-announced non-brokered private placement consisting of an aggregate of 5,142,900 flow-through shares at a subscription price of $0.56 per FT Share for aggregate gross proceeds to the Corporation of $2,880,024. As announced on November 2, 2023, the Corporation agreed to upsize the Private Placement as a result of strong investor interest and over-subscriptions. Each FT Share is a common share of the Corporation issued as a "flow-through share" of the Income Tax Act ). The gross proceeds of the Private Placement will be used for "Canadian exploration expenses" , which will qualify, once renounced, as "flow-through mining expenditures", as defined in the Tax Act, which ...

Centenario Gold is pleased to provide an update on its Eden gold silver project located in Durango State Mexico following the completion of qualifying transaction and the start of trading on the TSXV under the symbol CTG. The maiden drill program on the Eden property is expected to start in mid-November and should completed prior to Christmas. In late 2022, Centenario Gold completed a First Phase exploration program on the Eden property. During that time, Centenario collected 220 rock and 704 soil samples, completed semi-detailed mapping and IP/Resi

Vancouver, November 6, 2023 - Nuclear Fuels Inc. announced today that the Company has expanded its Wyoming uranium holdings with the staking of the Bobcat Uranium Project located in the Shirley Basin. The Bobcat Uranium Project hosts a historic resource of 474,309 lbs. of uranium*. Highlights: The Bobcat Uranium Project includes over 1,600 acres of mineral rights covering a mineralized roll front and is open to expansion; In the early 1980's the main Shirley Basin uranium district was credited with 84 million pounds U in reserves and past production which ceased due to declining uranium price; The Shirley Basin is a current focus of In-Situ Recovery exploration by several uranium exploration companies; The Shirley Basin was the site of the first commercial ISR project in the ...

Highlights Hafnium, a High Value Strategic Metal has been identified at Kulyk Lake. Monazite, a Rare Earth Ore Mineral with concentrations up to 2% has been identified in Hot Ridge thin sections. 2023 Mobile Metal Ion survey completed. Airborne survey of Kulyk South completed. Searchlight Resources Inc. is pleased to release results of a petrographic study of samples from the Hot Ridge occurrence and Yellow Brick Road occurrence at the Company's Kulyk Lake Rare Earth / Uranium project, located approximately 165 km north of La Ronge, Saskatchewan, and 65 km south of the Key Lake Uranium Mill. In 2022 Searchlight discovered a new Rare Earth Element occurrence at Hot Ridge, with prospecting samples of up to 0.95% TREO. To follow up and better understand this new occurrence the C...

Tempus Resources Ltd. announces that it has determined not to exercise the option to acquire Aurora Lithium. On 21 September 2023, Tempus announced it entered into a Heads of Agreement for an option to acquire 100% interest in Aurora Lithium, a private company that owns the Cormorant and White Rabbit Projects located in central Manitoba, Canada. Following the completion of due diligence, including two geological site visits and analysis of samples, Tempus has decided not to proceed with the acquisition of Aurora Lithium and has terminated the HOA. In addition, the Company has undertaken a high-level strategic review of its strategy and leadership structure and taken a number of additional decisions designed to reduce costs and streamline its business. TSX Venture Exchange de-...

GPM Metals Inc. provides an update to its Walker Gossan Project, Arnhem Land, Australia. GPM is pleased to announce that it has recently completed an Airborne Gravity Gradiometry Survey over the Walker Gossan Project. The survey cost of $270,000 has been partially offset by a $100,000 grant under the Geophysics Collaboration Program conducted by the Northern Territory Department of Industry, Tourism and Trade. We thank the Northern Territory Government for their assistance. The survey results will be available in late November. GPM will engage its exploration team to undertake a comprehensive review of the survey data. This survey will provide invaluable insights into targets within the approved tenement areas. GPM Metals intends to continue with Exploration Programs for exis...

Emerita Resources Corp. is pleased to announce additional assay results from the ongoing drilling program at La Romanera deposit, part of Emerita's wholly owned Iberian Belt West project. IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. Results contained in this release are from La Romanera. All deposits are open for expansion. The Company presently has 4 diamond drills operating at La Romanera and one drill that is on the first hole at the Nuevo Tintillo project - located approximately 85 km to the east of IBW. Metallurgical work for the IBW project is in progress at the Wardle Armstrong metallurgical test facility in the United Kingdom. This test work is expected to conclude near the end of November 2023. Four samples ar...

Marimaca Copper Corp. is pleased to announce results of the Phase 6 Metallurgical testing program for the Company's flagship Marimaca Oxide Copper Project , located in northern Chile. The Phase 6 program was designed to evaluate leaching conditions to optimize acid consumption, recoveries and leaching efficiency to be incorporated into the ongoing Definitive Feasibility Study . Highlights Comprehensive 5 column-test program evaluating the impact of curing, leaching rates and acid concentration in solution on acid consumption, recoveries and impurities generation Significantly improved acid consumption based on optimization of leaching conditions Net acid consumption of 30.6kg/t from experimental samples - an approximate 25% reduction from the 40.6kg/t derived from previous me...

Post the receipt of the positive completeness determination announced on October 5th, Paramount Gold Nevada Corp. is pleased to announce that the Oregon Department of Geology and Mineral Industries has issued the Notice to Proceed required to move Grassy Mountain into the next phase of permitting. Based on state regulations, it is expected that the DOGAMI will issue the final consolidated permit package within one year. Paramount President, COO and Director, Glen Van Treek commented: "The Notice is a critical milestone in securing the permits to build and operate Grassy. Paramount will continue to work collaboratively with the agencies as they move through the next important steps to achieving that goal." The complete permit package will include the Environmental and Socioeco...

Lithium Ionic Corp. reports additional results from an ongoing drilling program at the Bandeira Project , located in northern Minas Gerais State, Brazil. The Company is rapidly advancing Bandeira, situated within the emerging "Lithium Valley", where two lithium producers currently operate. These results form part of a large 50,000-metre drill program underway for H2 2023, which is focused on expanding and upgrading existing mineral resource estimates to support a planned Feasibility Study, as well as grow the known mineralization at other prospective regional targets. Bandeira Drill Intercept Highlights : 1.64% Li2O over 13.5m, including 2.06% Li2O over 7.8m, as well as 1.78% Li2O over 5.8m 1.37% Li2O over 10.4m and 1.65% Li2O over 4.3m 2.18% Li2O over 5.8m 1.95% Li2O over 5....

Solaris Resources Inc. is pleased to announce the appointment of Mr. Javier Toro as Chief Operating Officer to lead the advancement of the Warintza Project in southeastern Ecuador starting January 1st. In addition, the Company reports that it is in advanced discussions on a US$80 million offtake financing package to fund the Project through studies and permitting. Highlights Mr. Toro is a Mining Engineer with over 25 years of experience leading the design and execution of engineering and economic studies for global scale open pit copper projects in the Americas During an 11-year tenure with Hudbay Minerals, Mr. Toro held progressively more senior roles, most recently as Vice President, Mining Technical Services, with prior executive and director-level roles in mining, technic...