Freeport Resources Inc. is pleased to announce that due to market demand it has elected to increase the size of its ongoing non-brokered private placement offering . The Offering will now consist of up to 140,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $7,000,000. Each Unit consists of one common share and one-half-of-one common share purchase warrant . Each Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.25 for a period of twenty-four months. The Company has issued a total of 88,697,220 Units to date, in earlier tranches of the Offering, for gross proceeds of $4,434,861. Completion of a final tranche of the Offering remains subject to the approval of the TSX Venture Exchange and is expected to occur...

Saskatchewan Power Corporation , Westinghouse Electric Company and Cameco Corp. have signed a memorandum of understanding to evaluate the potential of Westinghouse's nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan's future clean power needs. The MOU will explore technical and commercial pathways to deploy Westinghouse's reactor technology, including the advanced AP1000® reactor and AP300™ small modular reactor , for long-term electricity supply planning. The framework includes evaluation of a Saskatchewan-based nuclear supply chain to support nuclear energy projects, including fuel. It also identifies opportunities to collaborate on nuclear research, development and workforce training in partnership with Saskatchewan's po...

Amerigo Resources Ltd. is providing an operational update on Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile. Heavy rains occurred near MVC on Thursday, June 13, and Friday, June 14, 2024, with reported rainfall of 116 mm. The power supply to MVC was unaffected, and MVC is processing fresh tailings normally. The rains caused water accumulation in the Cauquenes historic tailings deposit, halting the processing of historic tailings. MVC estimates 408,000 cubic meters of accumulated rainwater have been extracted as of this news release. The impact on production from the June 13 and 14 rains is estimated at 0.55 million pounds of copper. It would not warrant changes to MVC's 2024 production guidance of 62.4 million pounds of copper and 1.2 mi...

Abcourt Mines Inc. is pleased to announce that it has entered into an option agreement with Québec Pegmatite Holdings Corp. whereby Abcourt has granted QPC the right to acquire a 100% interest in 141 mining claims covering approximately 5,579 hectares located in the province of Québec, Canada, . The Property includes portions of the Courville and Abcourt Barvue projects, namely the Jolin and Bartec sectors. These mining claims are adjacent and contiguous to the Swanson property. This strategic agreement between the two companies will create synergy and impactful exploration work in the northern sector of our Courville property. Abcourt has not conducted any exploration work in this portion of the Courville property; the majority of the budgets being allocated to the development...

American Rare Earths Ltd. CEO Donald Swartz joined Steve Darling from Proactive to announce that the company is preparing to mobilize drillers for a new drilling program set to begin in July. This ambitious project at the Cowboy State Mine will involve drilling approximately 23 holes, covering a total distance of 2,470 meters.
American Rare Earths Ltd. is not only focusing on drilling but is also advancing its processing and leaching test programs. The company plans to utilize around 3 tonnes of core samples from Halleck Creek, along with additional samples collected during the drilling process. These samples will undergo thorough processing and separation testing, based on the current evaluations by Mineral Technologies and SGS Canada. The company anticipates t...

Gold Basin Resources CEO Colin Smith joined Steve Darling from Proactive on-site at their Stealth Project to discuss the ongoing drilling program located in the Arizona desert. Smith shared insights into the current drilling operations, which are actively being carried out at the Stealth deposit. This deposit has yielded promising results from previous drilling programs, including significant intercepts of surface oxide gold.
Current drilling efforts are focused on the northern side of the area, a region that has not been extensively drilled before. Historical data indicate substantial potential in this part of the deposit, prompting the decision to drill new holes aimed at expanding both the breadth and depth of the known gold mineralization, particularly towards the north-n...

Blue Sky Uranium CEO Niko Cacos joined Steve Darling from Proactive to announce the exciting acquisition of two new projects in Argentina, covering nearly 80,000 hectares. These new projects are prospective for the discovery of uranium deposits that are amenable to In Situ Recovery, a method known for its lower environmental impact and cost-effectiveness. This strategic acquisition aligns with Blue Sky Uranium's initiative to broaden the company's medium to long-term prospects for discovering additional uranium mineral resources.
Cacos elaborated that the company has an option to earn a 100% interest in the Corcovo project, which benefits from new mining promotion initiatives by the provincial government. The state-owned National Atomic Energy Commission has ident...

VANCOUVER, BC, June 17, 2024 /CNW/ - Trading resumes in: Company: Ramp Metals Inc. TSX-Venture Symbol: RAMP All Issues: Yes Resumption : 12:45 PM 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 beyond...

Ramp Metals Inc. is pleased to announce a new high-grade gold discovery in Saskatchewan. The Company has received partial results from its winter 2024 drill program at the Rottenstone SW property. Drill hole Ranger-01 intercepted multiple zones of gold mineralization, including 73.55 g/t Au and 19.50 g/t Ag from 227-234.5m shown in Table 1. It is important to note that Ramp Metals has only received assay results from 153.5-171.5 m & 174.5-314m for Ranger-01 and is currently awaiting results from the top of the hole to 153.5m & the 171.5-174.5m interval. HOLE ID From To Interval Au Ag Target Ranger-01 227 234.5 7.5 73.55 19.50 Ranger Including 227 228.5 1.5 164 33.5 Including 230 231.5 1.5 182 60.8 Including 231.5 233 1.5 19.9 2.70 Ranger-01 293 298 5 4.17 1.01 Ranger Includin...

Mink Ventures Corp. announces it has closed the second and final tranche of its non-brokered private placement announced on May 7, 2024. The Company has raised gross proceeds of from both tranches of $437,235. In the second tranche, the Company raised gross proceeds of $153,565 from the issuance of 1,084,227 hard dollar units at a price of $0.11 per HD Unit and the issuance of 245,000 CMETC eligible flow-through units at a price of $0.14 per FT Unit. Each HD Unit consists of one common share of the Company and one Common Share purchase warrant . Each HD Warrant shall entitle the holder thereof to acquire one common share of the Company for a period of thirty-six months from the date of issuance at an exercise price of $0.25. Each FT Unit consists of one Common Share of the Co...

VANCOUVER, BC, June 17, 2024 /CNW/ - Trading resumes in: Company: Robex Resources Inc. TSX-Venture Symbol: RBX All Issues: Yes Resumption : 11:15 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 beyond ...

Robex Resources Inc. announced a strategic plan, subject to a successful equity financing, designed to allow it to realize its goal of becoming a leading gold producer in West Africa. All currency amounts in this news release are stated in Canadian dollars, unless otherwise indicated. 1. HIGHLIGHTS This strategic plan includes: an equity financing of $ 55 million, on a "best efforts" agency basis, including an over-allotment option of 15%; an extension of the Company's US$ 35 million bridge loan with Taurus Mining Finance Fund No. 2, L.P. to April 22, 2025; the board of directors of Robex being refreshed with the appointment of James Askew, as incoming Chairman, and the appointment of Matthew Wilcox, as Managing Director and Chief Executive Officer; the sale of all the Company...

Commerce Resources Corp. is pleased to announce, further to its news release dated May 21, 2024, that it has completed the sale of its interest in certain mineral claims comprising the "Blue River" property located near Blue River, British Columbia and certain real property owned by the Company also located in Blue River, B.C. ., to an arm's length private company pursuant to a property purchase agreement entered into between the Company and the Purchaser . Pursuant to the Purchase Agreement, as consideration for the Blue River Assets, the Company received 20,000,000 shares in the capital of the Purchaser at a deemed price of $0.05 per share . It is the Company's current intention to distribute the Blue River Shares to its shareholders on a pro rata basis at a later date. Any ...