Goldflare Exploration Inc. announces that subscriptions for its current placements opened on June 27 exceeded the initial anticipated amounts, particularly in the flow-through placement which is showing sustained demand. Here are the details of the changes to the two placements in effect: The first private placement offering is presented to eligible investors, at a price of $0.015 per unit common share at a price of $0.015 + one warrant allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 36 months following the closing of the Placement) . The anticipated gross proceeds of the offering are now expected to be $150,000, which represents 10,000,000 units. The second private placement offering is presented to eligible investors, at a pric...

Silver Elephant Mining Corp. is pleased to report gallium and indium assay results from the selected drill core at its flagship Pulacayo-Paca silver-lead-zinc project in Potosi department, Bolivia. The results show extensive occurrences of gallium and indium in the assayed samples over a strike-length of approximately 750 meters that appear to be correlated to zinc. The Company is highly encouraged by the gallium and indium results and will continue to evaluate this potential. These elements could add significant value to any final concentrate produced from mining and processing activities. A total of 199 core samples from 12 diamond drill holes were collected from the Pulacayo-Paca project and submitted to ALS Laboratory in Bolivia to assay for gallium and indium. The sample...

Freeport announced today that its Indonesian subsidiary, PT Freeport Indonesia , substantially completed construction of its new Manyar smelter in Gresik, Indonesia in June 2024 and has commenced commissioning operations. FCX expects the smelter will begin producing copper cathodes in the coming months and continues to target full ramp up by the end of 2024 in line with previous expectations. Richard C. Adkerson, Chairman of the Board, and Kathleen L. Quirk, President and Chief Executive Officer, said: "We are pleased to announce this important milestone for our new smelter in Indonesia. Our team executed this large and complex project extremely well and is prepared to deliver the ramp-up to full production safely and efficiently. The completion of the project positions PT-FI as a fully in...

Pure Energy Minerals Ltd. is pleased to report progress at the Clayton Valley lithium brine project located in Esmeralda County, Nevada. Pure Energy entered into a partnership with SLB to sustainably develop at scale lithium claims held by Pure Energy in the Clayton Valley. SLB has deployed a demonstration plant onsite to test an integrated approach that combines subsurface expertise and surface engineering of advanced technologies, including direct lithium extraction . The important advances made on the project include: Application for, and receipt of, final permits from government agencies for the construction and operation of the demonstration plant; Completion of plant construction; Commencement of technical trials, which are ongoing. The sustainable lithium production de...

Minaurum Gold Inc. is pleased to announce that the injunction it filed to protect its Alamos project has been approved by the Mexican Federal Administrative Court , meaning that its 100% owned Alamos silver project remains unaffected in its entirety by the Mining Law Reform approved by the Mexican Congress in 2023. "We are very pleased with the positive Court decision that protects our flagship Alamos silver project," stated Darrell Rader, President and CEO. "This ruling ensures that Alamos will continue to be governed by the Mexican Mining Law of 1992 and will not be subject to the uncertainties caused by the new Mining Law Reforms." On May 9, 2023, the Mining Law Reform was approved by Mexican Congress and published in the Official Gazette. In response, Minaurum took steps ...

Elevation Gold Mining Corp. announces that under the terms of the convertible debentures issued under the convertible debenture indenture dated July 31, 2020 between the Company and Computershare Trust Company of Canada, it has elected to satisfy its obligation to pay an aggregate of C$167,290 in interest accrued on the C$6.71 million convertible debentures by issuing to such debenture holders on the interest payment date of June 30, 2024 an aggregate of 1,968,122 common shares. The Company will pay to each such debenture holder approximately 29.33 common shares per $100 principal amount of debentures held as at the applicable interest payment record date. Under the terms of the Indenture, no fractional common shares will be delivered upon payment of the interest obligation a...

Forge Resources Corp. is pleased to announce that Forge Resource Corp's Phase 1 diamond drilling program that started in November 2023 is now complete with the successful completion of 6 holes, each ranging between 420-502 metres in length. Additionally, further to its news release dated June 14, 2024, the Company has completed its non-brokered flow-through private placement. All geotechnical and geological data has now been collected. All holes are sampled top to bottom with the majority of sample batches have already been submitted to the ALS prep-lab in Whitehorse. Significantly, higher molybdenum and +/- chalcopyrite concentrations and more quartz veining, micro-veining and stockworks were encountered in this year's drilling than in November 2023. Significant porphyry sty...

Mabel Ventures Inc. is pleased to announce the completion of the 2024 exploration program at the Bonanza Property located in Quebec. Two diamond drill holes were completed totalling 417.3 m and 86 prospecting samples were collected across the property. Mabel has fulfilled the option agreement and now owns a 51% interest in the Project from Abitibi Metals Corp. . Drilling targeted coincident structural, geochemical and geophysical targets, encountering encouraging precious and metal values and strong sulphide mineralization. Highlights include: DDH-2024-01: 0.393 ppm Au over 0.95 meter. DDH-2024-02: 931 ppm Ni and 1650 ppm Cr over 1 meter and 932 ppm Ni and 1670 ppm Cr over 0.5 meter. *All intervals are core length. "Our technical team will review the results gath...

Freeport Resources closes oversubscribed private placement, underscoring strong investor interest in its 100% of the Yandera Copper Project, one of the largest undeveloped copper deposits in the World, and the largest undeveloped copper project in Asia, the world's leading copper refiner and consumer. Yandera is an advanced-stage copper project with over US$200 Mil in exploration and development expenditures completed to date, including a 2017 Pre-Feasibility Study, prepared by Worley Parsons, which estimated historical Measured and Indicated Resources of 728 million tonnes grading 0.39% copper equivalent*. PNG's resource-focused economy is set to enter a construction supercycle with a number of multi-billion dollar infrastructure and mining projects in the pipeline including Wafi Golpu, F...

Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program at the Punitaqui mine complex in Chile.
The Company announced on May 13th, 2024, that it had resumed mill operations and production of copper concentrates at Punitaqui. Coincident with these activities, exploration drilling has resumed with an underground drilling campaign in the Sand Andres and Cinabrio mines.
Highlights Assay results from drillholes have returned with encouraging results as follows: Drillhole SAM-24-01: 4.3 meters at 1.4% total copper and 24 g/t grams per tonne silver
SAM-24-02: 4.0m grading 1.1% CuT & 7.8g/t Ag
SAM-24-04: 3.5m at 1.0% CuT & 23.3g/t Ag
SAM-24-05: 4.3m at 1.2% CuT & 19.2g/t Ag This in...

Puma Exploration Inc. is pleased to provide an update on its sale agreements with Raptor Resources Ltd. and Canadian Copper Inc. respecting the sale and transfer to Raptor of the Chester and Turgeon Projects located in New Brunswick, Canada for a total possible consideration of AUD$2,000,000 in cash and shares as outlined in its March 4, 2024, News Release. Raptor has recently informed Puma and Canadian Copper that the prospectus relating to its initial public offering of at least AUD$10,000,000 will be lodged with the Australian Securities Exchange on or before July 15, 2024. Pursuant to the sale agreement on Chester, Raptor was required to prepare and lodge a prospectus and receive conditional approval to list Raptor on the ASX by June 30, 2024 . The sale agre...

Vancouver, British Columbia - July 2, 2024 - VanadiumCorp Resource Inc. . The Company announces the resignation of its CEO, Paul McGuigan, who has completed his mandate as temporary CEO as announced in March 2022. Paul McGuigan, P. Geo., states: "VanadiumCorp has constructed its first electrolyte plant in less than 12 months using mostly in-house technical staff. We look forward to our next phase of corporate development and commercial production enabled by the experience of our first plant. It has been my pleasure to work with the VanadiumCorp team on this stage of its development." The Company completed construction and commissioning of its Plant No. 1 in Val des Sources, Quebec. The Company selected this first plant to enable team experience and market development based on...

July 2, 2024 - Heritage Mining Ltd. is pleased to announce that it has closed the second tranche of its non-brokered private placement financing previously announced on June 12, 2024 . The Company raised an aggregate of $157,000.04 pursuant to Tranche Two, of which $107,000.00 was raised on the issuance of 2,140,000 units and $50,000.04 was raised on the issuance of 833,334 flow-through units . Each Unit was issued at a price per Unit of $0.05 and is comprised of one common share in the capital of the Company and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 36 months at an exercise price of $0.075 . Each FT Unit was issued at a price of $0.06 and is comprised of one Common Share which will qualify as a "flow-through share"...