Great Quest Gold has closed the second tranche of its previously announced non-brokered private placement. The Company issued 29,078,479 units pursuant to the Second Tranche for gross proceeds of $1,453,923.95 The Company also announces that due to increased investor demand, the Company is increasing the Private Placement from total gross proceeds of up to $2 million to total gross proceeds of up to $3 million. The Private Placement will now consist of up to 60,000,000 Units. The Company expects to close the final tranche of the upsized Offering on or about August 11, 2024. Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder to purchase one common share in the capital of ...

Luca Mining Corp. is pleased to announce plans for an exploration drilling campaign at both Campo Morado and Tahuehueto. Approximately 5,000 metres will be drilled at each project during Q3 and Q4 of 2024, to test high potential targets on trend with the current mining areas. Campo Morado Campo Morado is a large VMS polymetallic system hosting substantial mineral resources of copper, zinc, gold and silver. The Campo Morado project includes an operating mine and associated infrastructure. The mine is generating positive, free operating cash flow. Over $500 million has been invested in the mine and mill from exploration, discovery, construction and operation. The mill is capable of processing over 2,000 tonnes per day. The property area encompasses 121 square kilometres in the s...

Graphite One Inc. is proud to report that it has entered into a non-binding supply agreement with Lucid Group Inc. for anode active materials . This is a significant development for Graphite One as a supply agreement with a high-profile company like Lucid provides credibility and reassurance.
Lucid is the maker of the world's most advanced electric vehicles while G1 is planning a complete domestic U.S. supply chain for advanced graphite materials. This landmark collaboration marks the first synthetic graphite supply agreement between a U.S. graphite developer and a U.S. EV company.
Peter Rawlinson, CEO and CTO at Lucid, said:
"We are committed to accelerating the transition to sustainable vehicles and the development of a robust domestic supply chain ensures the United States...

Mogotes Metals is pleased to announce further positive gold-silver-copper rock chip assay expand the Rincon prospect, at the Filo Sur project. Reconnaissance rock chip and channel samples return assays up to 6m at Au: 1.32 Au and 94.3 g/t Ag from advanced argillic and vuggy silica high sulfidation epithermal structures. Trench channel sampling returns anomalous length weighted average assay results of 150m at 0.23 g/t Au, 1.4 g/t Ag, 620 ppm Cu and 461ppm Zn from a zone of high intensity sheeted quartz veinlet zone hosted in phyllic to propylitic altered quartz diorite stock

Nova Minerals Ltd. is pleased to announce the commencement of resource definition drilling and exploration field programs on its over 200mi2 flagship Estelle Gold Project, located in the prolific Tintina Gold Belt in Alaska. The Company is focused on Feasibility Study stage drilling at the high-grade RPM deposit to continue to increase and prove-up resources to the higher confidence Measured and Indicated categories. With a total defined 5.2 Moz Au in-pit constrained S-K 1300 compliant resource across 4 deposits, the Estelle Gold Project has development optionality in terms of initial project size and scale, which is subject to market conditions and strategic partners to meet our objective of ultimately growing the Estelle Gold Project into a tier 1 gold producer. The Feasibi...

Cameco reported its consolidated financial and operating results for the second quarter ended June 30, 2024, in accordance with International Financial Reporting Standards . "Second quarter operational performance was strong, driving financial results that remain in line with our full-year 2024 outlook," said Tim Gitzel, Cameco's president and CEO. "As expected, those results reflect normal quarterly variability, and while we believe Westinghouse is on track and continues to perform as expected, our overall results continue to be impacted by the required purchase accounting and other non-operational acquisition-related costs related to that investment. "At the end of the second quarter, Alice Wong announced her retirement as senior vice-president and chief corporate offi...

New Gold Inc. is pleased to announce that Richard O'Brien has been appointed as Chair of the Board effective August 1, 2024. Mr. O'Brien was appointed to the Board of Directors on March 25, 2024, where it was announced that he was expected to transition into the Chair role. As previously disclosed, Ian Pearce will retire from the Board of Directors effective August 1, 2024. "On behalf of the Board and New Gold, I would like to express my gratitude to Ian not only for his eight years of dedication and commitment to the Board of Directors, but also for his assistance during this transition period over the last four months," said Richard O'Brien, Chair of the Board. "New Gold is well positioned to take advantage of this significant free cash flow period, as we pursue our goal of ...

Wallbridge Mining Company Ltd. today announced that assay results from the 9,000 metre Phase 1 drilling program at its 100% owned Martiniere gold project confirm the presence of high-grade gold mineralization in multiple sulfide vein assemblages and further define the continuity of mineralization and gold grades at the Bug Lake North, Bug Lake South and Martiniere West zones. Highlights Intersected multiple zones of pyritic sulfide veining hosting high-grade gold mineralization including: 44.63 g/t Au over 1.1 metres, 8.52 g/t Au over 1.5 metres, and 27.48 g/t Au over 1.0 metre in hole MR-24-066 testing the Bug Lake North zone. 8.40 g/t Au over 1.5 metres in hole MR-24-070, as well as 9.47 g/t Au over 0.9 metres and 4.62 g/t Au over 2.4 metres in hole MR-24-071A testing the Bu...

Cabral Gold Inc. is pleased to provide results from three additional column-leach metallurgical tests on three samples of gold-bearing oxide material from the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil. Highlights are as follows: Gold recoveries from three samples from the MG gold deposit blanket soil, colluvium and sediments, low-grade saprolite material and higher grade saprolite material from the MG gold deposit ranged from 92 - 93% after 68 to 112 days of column leaching The results for all three samples were very consistent and confirm that heap-leach processing is highly viable at the MG gold deposit and that heap leaching of the oxide material is likely the preferred option for processing These results are a notable improvement on previous co...

Bayridge Resources Corp. is pleased to announce that it has received the drilling permit for its 1,337 ha Waterbury East uranium project in Canada's Athabasca Basin. The 3-year permit is valid until 2027-Jul-31 and includes 40 drill collar sites, along with the clearing of exploration trails and line cutting. "The Waterbury East drilling permit is a significant milestone for the Company," commented President and CEO, Saf Dhillon. "Bayridge is fully funded to undertake a multi-hole drill program slated for late Q3 2024," he continued. "in3D Geoscience is working with the recently completed Geotech VTEM data to prioritize drilling targets within the magnetic and electromagnetic anomalies defined by the survey'" he concluded. The Waterbury East project is underlain by geology fa...

Goldstorm Metals Corp. is pleased to report that a diamond drill program has commenced on its 100% owned Electrum gold and silver property , located within the Golden Triangle region of British Columbia. Electrum is situated to the south of Newmont Corporation's Brucejack Mine and Seabridge Gold Inc.'s KSM Property, an area host to over 80 million ounces of gold and over 19 billion pounds of copper. Click to view the location maps. The Phase 1, proposed drill program at Electrum will begin with three drillholes to follow up previous results from the 2023 drill program outlined in the summary at the end of this release, with the intent of targeting the dome-shaped, bulk-tonnage gold-silver target in the southern portion of the Property. Other Phase 1 proposed drillholes, total...

TSXV:OIII | OTCQX:OIIIF - O3 Mining O3 Mining Inc. is pleased to report the results of the initial gold recovery testwork program conducted on drill core samples from the Malartic H deposit at its 100%-owned Marban Alliance Project located in Val-d'Or, Québec, Canada. The results were produced from the recent metallurgical testing program completed by SGS Canada Inc. Highlights from Test Work: Overall gold extraction reached 92.3% after 48 hours of cyanide leaching. Average bond ball mill work index at 13.5 kWh/t. O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented: "We are very pleased with the results of the metallurgical testwork, which indicate excellent gold recoveries from the Malartic H deposit at the Marban Alliance project. T...

This news release does not constitute an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration. There will be no public offering of any of the securities mentioned in this news release in the United States. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Orvana Minerals Corp. is pleased to announce the successful placement of 80.11% of the offered bonds in Bolivia, the keystone to financing its Oxides Stockpile Project at the Don Mario Operation. The bonds are being offered solely by Empresa Minera Paitití, S.A. and only through...