Trans Canada Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement financing of 6,980,000 units at a price of $0.05 per Unit to raise gross proceeds of $349,000 . Each Unit consists of one common share and one common share purchase warrant , each Warrant entitles the holder to purchase one additional common share in the capital of the Company at an exercise price of $0.15 per share for a period of three years from the date of issuance. Gross proceeds from the Offering will be used by the Company for new drilling planned to take place during the 2024 summer field season on the Company's second Multilateral Well. This well will target the General Petroleum sand and is similar to successful wells drilled by the operator in t...

Gold Mountain Mining Corp. is pleased to announce the closing of its debt settlement transactions previously announced on June 3, 2024, pursuant to which the Company settled all of the secured debt of Nhwelmen Construction Limited Partnership , who was owed $6.5 million . Nhwelmen, the contract miner at the Company's Elk Gold Mine, was issued 50,000,000 common shares of the Company in payment of $1.5 million of the Nhwelmen Secured Debt at an issuance price of $0.03 per share, which was at a discount to the market price, and a convertible secured debenture in the amount of $5 million which represented the remaining amount of the Nhwelmen Secured Debt. The Convertible Debenture is convertible at Nhwelmen's option into 62,500,000 common shares at a conversion price of $0.08 per...

Gold Mountain Mining Corp. is pleased to announce the closing of its debt settlement transactions previously announced on June 3, 2024, pursuant to which the Company settled all of the secured debt of Nhwelmen Construction Limited Partnership , who was owed $6.5 million . Nhwelmen, the contract miner at the Company's Elk Gold Mine, was issued 50,000,000 common shares of the Company in payment of $1.5 million of the Nhwelmen Secured Debt at an issuance price of $0.03 per share, which was at a discount to the market price, and a convertible secured debenture in the amount of $5 million which represented the remaining amount of the Nhwelmen Secured Debt. The Convertible Debenture is convertible at Nhwelmen's option into 62,500,000 common shares at a conversion price of $0.08 per...

Lomiko Metals Inc. announces that its team will participate in several engagement activities in the Laurentian region. Lomiko's core values of excellence, respect and ingenuity are at the heart of the research and development of the La Loutre project. It is in this spirit that the team will be present in the region to participate in several engagement activities with citizens, with the purpose to share the vision of the company and to provide accurate information about the project. Lomiko's role as a corporate citizen is to help communities understand the project, answer questions, receive and discuss concerns in a transparent and open manner, and collaborate in the exchange of ideas and recommendations to develop a successful, sustainable net zero climate project for future ...

Silver Bull Resources Inc. provides an update on progress with its international arbitration claim against the United States of Mexico . Silver Bull announces it has filed its memorial submission against Mexico setting out a damages claim of US$408 million under the Agreement between the United States of America, Mexico, and Canada and the North American Free Trade Agreement : The arbitration arises from Mexico's unlawful expropriation and other unlawful treatment of Silver Bull by the Mexican Government resulting in a total loss of its investment due to an illegal blockade of Silver Bull's Sierra Mojada project that began in September 2019 and continues to this day. On June 17, 2024, Silver Bull filed its Memorial submission with ICSID detailing the claim against Mexico as w...

Dynasty Gold Corp. is pleased to announce that field work for the Thundercloud Project is now underway. A team of geologists have been mobilized to the Property to prepare for drilling, trenching and geophysical work which will commence in the coming weeks. This year's drill program will focus on drilling down-dip extensions to the high-grade gold mineralization that was first discovered in 2022 in the Pelham Zone. The historic workings that were found by a LiDAR survey in 2023 in the West Pelham will be mapped, trenched and followed by drilling to find similar mineralization as in the mineral rich Pelham Zone. Seven hundred meters to the southeast of the Pelham Zone, priority targets in the West Contact Zone will be test drilled to confirm the previously obtained high-grade ...

VANCOUVER, BC, June 18, 2024 /CNW/ - Trading resumes in: Company: Macarthur Minerals Ltd. TSX-Venture Symbol: MMS All Issues: Yes Resumption : 09:30 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 ...

June 18 - Vancouver, B.C., Canada; Belmont Resources Inc. ) is pleased to announce a comprehensive 40 drill holes, totaling up to 10,000 metres over the next 2 years drill permit for its 100% owned Crackingstone Uranium Property situated in the Uranium City district of North Saskatchewan, has been submitted to the Fish, Wildlife and Lands Branch, Saskatchewan Ministry of Environment . Consultation with First nations have now been initiated. The Company anticipates a first review of the drill permit application by the Ministry to be completed in July of this year with the potential of a granted permit in time for a fall drilling program. View video at: https://belmontresources.com/crackingstone-video/ Click Image To View Full Size Watch our Crackingstone Video Drill Target Det...

North Bay Resources Inc. is pleased to announce assays have been received from recent exploration at its Fran Gold Joint Venture . Assays were taken over a wide area of known gold mineralization across pre-existing trenches A through E. Assays from separate composite samples from trenches B and C resulted in near identical results of 0.5 troy ounces per ton of gold. This central area of the Property is recognized as the richest area in the Bullion Alley Zone, and is supported by extensive drilling, reflecting a potential feeder zone. This area remains the focus of upcoming bulk sampling. In addition, trenches A and B, assayed 0.9% copper with high iron. Assays were completed at ALS Global Laboratory, North Vancouver, BC, utilizing fire assay with atomic absorption finish for ...

VANCOUVER, BC, June 18, 2024 /CNW/ - Trading resumes in: Company: Sarama Resources Ltd. TSX-Venture Symbol: SWA All Issues: Yes Resumption : 9:30 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...

Power Metals Corp. is pleased to report high-grade cesium and lithium results on the remainder of exploration drillhole assays from the winter 2024 drill program at its 100% owned Case Lake property in northeastern Ontario. Exploration drilling at the world-class West Joe Prospect has continued to intersect shallow high grade cesium mineralization up to 24.70% hosted in pollucite. This is the highest-grade cesium intercept reported to date at West Joe and continues to add confidence to this unique prospect along with lithium intercepts of 2.00 m at 3.55% Li₂O and 32.44 m at 1.40% Li₂O . In addition, the assay results at the Main Zone continues to deliver encouraging lithium intercepts with the following highlights: HIGHLIGHTS WEST JOE: PWM-24-201: 7.13 m at 1.21% ...

West Mining Corp. is pleased to announce that it has retained Venture Liquidity Providers Inc. to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the CSE and other applicable laws. For its services, the Company has agreed to pay VLP $5,000 per month, commencing on June 18, 2024. The agreement has an initial term of three months, following which it will renew for successive one month terms, provided that after the initial three month term the agreement may be terminated by either party at any time. The Company and VLP act at arm's length, and ...

Lexston Mining Corp. Lexston Mining Corp. is pleased to announce the engagement of Aurora Geosciences Ltd. In preparation for the 2024 field season. Crews are anticipated to mobilize in June 2024, to begin verifying historical results and ground truthing favorable anomalism in high priority target areas on the properties. CEO Jag Bal stated, "This field program will initially verify the historical uranium anomalism identified at the property which we intend to follow up with additional ground-based geophysics ahead of a future drilling program". Mr. Bal continues, "This year's program will mark Lexston's inaugural field season focusing on the ground truthing uraniferous boulder trains identified at the property. Aurora Geosciences brings over 40 years of remote ...