Following recent inquiries, Euro Sun Mining Inc., through its wholly owned Romanian subsidiary, SAMAX Romania S.R.L., wishes to confirm that the mining license for the Rovina Valley Project is valid for 20 years from when it was issued in November 2018. Furthermore, Euro Sun Mining also has the option, subject to the terms of the licence, to extend this license after 2038 if required. About Euro Sun Mining Inc. Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe. The Rovina Valley Project supports a circular economy by unlocking much needed investment and job...

EuroPacific Metals CEO Karim Rayani joined Steve Darling from Proactive to announce the expansion of the company's drill program at the Miguel Vacas mine area. The expansion includes an additional drill hole extending down to 350 meters, targeting the high-grade zone below the fourth hole where the company previously intersected a mineralized section. This new hole will also target a section approximately 80 meters north, where the results of the first hole showed 22.8 meters grading 2.76% copper, including 9.0 meters grading 7.49% copper.
Rayani explained that a decision was made to extend the drilling program by adding an undercut inclined 350-meter hole to test the "fresh" mineralization below the oxidized rich material in the same section as hole EBMV004, which revealed a...

Fireweed Metals Corp. is pleased to announce the closing of the non-brokered private placement first announced June 6, 2024. Highlights $43 million total raised, a significant increase over the initial $30 million offering. The Lundin Family Trusts, through their company Nemesia S.à.r.l., subscribed for a total of 5,000,000 shares and Larry Childress for a total 3,363,636 shares. The Offering The Offering consisted of three parts for gross proceeds of approximately C$43 million as follows: 12,985,586 common shares of the Company issued at a price of C$1.10 per share; 909,090 common shares of the Company that qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act issued at a price of C$1.55 per share; and 15,828,359 common shares of the Comp...

VANCOUVER, BC, June 21, 2024 /CNW/ - Trading resumes in: Company: Gabriel Resources Ltd. TSX-Venture Symbol: GBU All Issues: Yes Resumption : 10:45 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specific halt bey...

OceanaGold Corp. is deeply saddened to report that a colleague has been fatally injured at its Didipio Mine in the Philippines. The employee was found unresponsive on the ground in the vicinity of the paste plant on June 21st local time and was unable to be revived at the onsite medical clinic. Next of kin and regulators have been notified and operations at the mine have been voluntarily suspended for approximately 24 hours to allow the workforce to be informed. An investigation is underway. The Company is focused on supporting the family and colleagues of the employee during this difficult time. View original content:https://www.prnewswire.com/news-releases/oceanagold-reports-fatality-at-the-didipio-mine-302179097.html SOURCE OceanaGold Corp. Contact...

Fathom Nickel CEO Ian Fraser joined Steve Darling from Proactive to announce that the company has secured all necessary permits to advance its exploration activities at the Gochager Lake project. This project, which hosts an historic NI43-101 non-compliant open-pit resource consisting of 4.3 million tons at 0.295% nickel and 0.081% copper, will now see significant development.
The newly acquired permits enable Fathom Nickel to drill up to 60 drill holes and construct an all-season, 25-person camp. Additionally, the company has received permission to use temporary "fly camps" during the summer-fall field season. These camps will support site-specific airborne geophysical anomaly follow-ups, mapping and prospecting, soil geochemistry, and site-specific geophysical...

Jaguar Mining Inc. is pleased to announce the voting results from its Annual General Meeting of shareholders held on June 21, 2024. Election of Directors Each of the nominees for election as directors listed in the Company's management information circular dated May 15, 2024 were elected as directors of the Company for the ensuing year or until their successors are elected or appointed. The voting results for the election of directors were as follows: Nominee Votes For % For Votes Withheld % Withheld William J. Kennedy 39,408,974 78.1% 11,032,242 21.9% Benjamin Guenther 48,600,728 96.4% 1,840,488 3.6% Luis Ricardo Miraglia 48,547,715 96.2% 1,893,501 3.8% Thomas Weng 39,026,923 77.4% 11,414,293 22.6% Shastri Ramnath 48,530,950 96.2% 1,910,266 3.8% Mary-Lynn Oke 42,733,809 84.7%...

Commerce Resources Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 28,000,000 flow-through units at a price of $0.18 per FT Unit for aggregate gross proceeds of $5,040,000 . Each FT Unit consists of one common share in the capital of the Company and one transferable common share purchase warrant . Each Warrant entitles the holder to acquire one additional non-flow through common share at a price of $0.25 per Warrant Share for a period of 24 months from the closing date. The FT Units were issued pursuant to an arrangement structured by Peartree Securities Inc. Pursuant to an engagement agreement between the Company and Churchill SIG Pty Ltd. , the Company paid cash finder's fees to Churchill in the amount of approximate...

Angus Gold Inc. is pleased to announce it has closed its previously announced brokered private placement. The Offering was completed through a syndicate of agents led by Beacon Securities Limited , and including Canaccord Genuity Corp. . The Offering was comprised of 5,000,000 flow-through units at a price of $0.80 per FT Unit for aggregate gross proceeds of $4,000,000 pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions . Each FT Unit consists of one common share of the Company and one half of one common share purchase warrant of the Company , each of which will qualify as a "flow-through share" within the meaning of the Income Tax Act . Each Warrant entitles the holder thereof to acquire one common share of the Company at a price per Warrant Share of $0...

VANCOUVER, BC, June 21, 2024 /CNW/ - The following issues have been halted by CIRO Company: Gabriel Resources Ltd. TSX-Venture Symbol: GBU All Issues: Yes Reason: Pending News Halt Time : 9:07 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot prov...

Heritage Mining Ltd. is pleased to announce that it has closed the first tranche of its non-brokered private placement financing previously announced on June 12, 2024 . The Company raised an aggregate of $593,003.96 pursuant to Tranche One, of which $362,000.00 was raised on the issuance of 7,240,000 units and $231,003.96 was raised on the issuance of 3,850,066 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" as defined i...

JZR Gold Inc. announces that it intends to undertake a non-brokered private placement offering of convertible debentures to raise gross proceeds of up to $1,500,000 . The principal sum of each Debenture will be $1,000. The Debentures will bear interest at a simple rate of ten percent per annum and will mature on the date that is one year from the date of issuance . The principal amount of the Debentures may, at the election of the holders and at any time prior to the Maturity Date, be converted into units of the Company at a conversion price of $0.20 per Conversion Unit. Each Conversion Unit shall be comprised of one common share in the capital of the Company and one share purchase warrants . Each Conversion Warrant shall entitle the holder to acquire one Conversion Share at ...

Starr Peak Mining is pleased to announce that the company has identified several exciting untested geochemical soil anomalies on its NewMétal property. This program, covering some of the priority areas, was completed last year before winter. An analysis from this survey has returned base and precious metal anomalies over new areas, as well as strengthening knowledge on historical zones. Interpreted results from this survey highlighted several geochemically anomalous areas, some of which are located along VTEM geophysical anomalies, and therefore have generated priority drill targets for the company. A total of twelve areas of interest have been identified: Th...