Namibia Critical Metals Inc. announces that it has amended the share purchase agreement with Sylla Gold Corp. to divest four non-material gold properties located in Namibia as announced on March 19, 2024. Under the agreement, Sylla is to acquire NCMI's 95% interest in its Namibian subsidiaries that own the rights, title and interest to the Grootfontein, Erongo, Otjiwarongo, and Kaoko licences, and certain associated assets. Terms of the Agreement As consideration for the acquisition, Sylla shall: issue to NCMI 3,000,000 common shares at a deemed issuance price of $0.05 per common share; and make a cash payment to NCMI of $100,000. The closing date of the transaction has been amended and extended to no later than August 31, 2024. All other terms of the agreement remain in full...

Fury Gold Mines Ltd. is pleased to announce that it has closed its previously announced brokered private placement of 5,320,000 common shares of the Company that qualify as "flow-through shares" as defined under subsection 66 of the Income Tax Act and section 359.1 of the Taxation Act at a price of C$0.94 per FT Share for total gross proceeds to the Company of C$5,000,800 . The Offering was conducted by a syndicate of agents led by Haywood Securities Inc. and including BMO Capital Markets, H.C. Wainwright & Co., LLC, and Echelon Wealth Partners Inc. . The gross proceeds of the Offering will be used by the Company to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as such terms are defined in the Income Tax Act , and with respe...

Fury Gold Mines Ltd. is pleased to announce that it has closed its previously announced brokered private placement of 5,320,000 common shares of the Company that qualify as "flow-through shares" as defined under subsection 66 of the Income Tax Act and section 359.1 of the Taxation Act at a price of C$0.94 per FT Share for total gross proceeds to the Company of C$5,000,800 . The Offering was conducted by a syndicate of agents led by Haywood Securities Inc. and including BMO Capital Markets, H.C. Wainwright & Co., LLC, and Echelon Wealth Partners Inc. . The gross proceeds of the Offering will be used by the Company to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as such terms are defined in the Income Tax Act , and with respe...

Power Nickel Inc. , is pleased to announce that it plans to conduct a flow-through offering for gross proceeds of up to $20 million, through the issuance of up to 16,000,000 flow-through units at a price of $1.25 per FT Unit. Each FT Unit is comprised of one flow-through common share and one-half share purchase warrant , with each Warrant exercisable to purchase one common share at a price of $1.25 per common share for three years from the date of issuance. Each flow-through common share will qualify as a flow-through share for purposes of the Income Tax Act . Industry legend Rob McEwen has joined with several other leading mining investors in providing the investor buyback of the proposed $20 million $1.25 per Unit Flow Through financing for Power Nickel. "In l...

Deepest Hole on Project Three New High-grade Vein Sets at Depth Two New Top 10 and Three New >100 g/t AuEq*m Intersections Mawson Gold Ltd. announces Southern Cross Gold Ltd. has released results from SDDSC118 from the Rising Sun prospect at the 100%-owned Sunday Creek Project in Victoria, Australia . SDDSC118 is the deepest hole on the project, extending high grade mineralization 80 m down dip and intersecting multiple high-grade structures including three new vein sets at depth. The hole recorded three additional > 100 g/t AuEq x m intersections and two top 10 results for Sunday Creek. Highlights: SDDSC118 is the deepest hole on the project and extended mineralisation 80 m down dip with 3.6 m @ 124.8 g/t Au from 1,120.4 m . The hole intercepted 11 high-gr...

Sitka Gold Corp. is pleased to announce that it has recommenced the previously announced 15,000 metre diamond drilling program at its road accessible RC Gold Project located in the prolific Tombstone Gold Belt in the Yukon. Sitka successfully completed two diamond drill holes during the winter portion of this year's drilling program to test the continuity of higher-grade gold mineralization south of the Blackjack gold deposit. A total of 1085 metres was drilled during the winter program with visible gold observed in both drill holes and assay results that returned 191.0 m grading 1.16 g/t gold including 11.0 m of 5.80 g/t gold within 89.0 m of 2.03 g/t gold and 154.0 m of 1.47 g/t gold including 37.0 m of 3.07 g/t gold and 8.0 m of 4.61 g/t gold . "Drilling currently underway...

BTU Metals announces it has finalized the transaction to acquire a 100% interest in two large gold exploration projects in the active Wawa gold area of northern Ontario; the Echum Gold Project adjacent to Alamos Gold Inc. and the Hubcap Gold Project adjacent to Red Pine Exploration Inc. Each of the projects covers areas of historic gold mineralization and neither project has been the subject of significant or comprehensive exploration in recent years. The Echum property is adjacent along trend of the Alamos Gold Inc. Island Gold Mine property and the Hubcap property is adjacent along the geological trend of the gold mineralization that has been extensively drill tested by Red Pine Exploration Inc. . Figure 1: Map s...

Graphano Energy Ltd. is pleased to announce results of the initial metallurgical work performed by SGS Canada Inc. of Quebec City. Tests were performed on composite samples of drill core from the Company's 100% owned graphite properties, Lac-Aux Bouleaux and Standard Mine, both located in Quebec. Luisa Moreno, Chief Executive Officer of the Company, commented: "We are extremely pleased with the preliminary metallurgical results for our LAB and Standard Mine proprieties, having achieved commercial quality products using standard processing methods. Our technical team expects results to improve further by optimizing and by customizing the flowsheet to our feed materials." SGS conducted mineralogy analysis followed by bench-scale flotation tests using different flotation circuit...

Iceland Capital Markets Day and Corporate Update TORONTO, ONTARIO - 13 June 2024 - Amaroq Minerals Ltd. , an independent mine development company with a substantial land package of gold and strategic mineral assets in Southern Greenland, reminds investors that it will hold a Capital Markets Day on Thursday, June 13th, from 14:00 pm to 16:00 pm GMT . The event will be held at Landsbankinn's headquarters at Reykjastræti 6 and the doors will open at 13:30 pm, with a reception to be held after the event. The presentation will be broadcast live to enable remote access via the following link: https://streymi.landsbankinn.is/ For those joining via the webcast, please submit any questions over email to amaroq@camarco.co.uk A recording will be available following the event. Operation...

Metallic Minerals Corp. ; is pleased to announce the commencement of the 2024 exploration programs at both the Keno Silver project in the Yukon Territory, Canada, and the La Plata copper-silver-gold-PGE project in southwest Colorado, USA. At the Keno Silver project, where the Company announced an inaugural resource of 18.2 million ounces of silver equivalent1 in 2024, preparations are in the final stages for a diamond drilling program set to begin in July. This drilling initiative aims to expand existing resources and test the potential to define new resources at the highest priority drill-ready targets . An important focus of the program will be on resource expansion at the Formo target, which is the largest current resource at the Keno Silver project. All four deposits comp...

Northern Superior Resources Inc. is pleased to unveil its exploration plan for the next 9 months on the Philibert gold property, located 60 kilometres southwest of Chibougamau, Québec, Canada . The exploration activities are set to commence in the coming weeks. In 2023, the Company filed a transformational Mineral Resource Estimate for the Philibert deposit of 48.46 million tonnes of inferred mineral resource averaging 1.10 grams of gold per tonne for 1,708,800 ounces of gold, and 7.88 million tonnes of indicated mineral resource averaging 1.10 grams of gold per tonne for 278,920 ounces of gold. The Philibert Project is located only 9 km away from IAMGOLD Corporation 's Nelligan project. IAMGOLD recently shared an operational update on its activities in the Chibougamau Gold C...

Nextsource Materials Inc. is pleased to announce the signing of a Mandate Letter with International Finance Corporation , the private sector investment arm of the World Bank Group, to lead a senior debt facility totaling US$91 million to fund an expansion of the Molo Graphite Mine in southern Madagascar. In December 2023, the Company released the results of a Technical Feasibility Study that confirmed the positive economics of a large-scale expansion of the Molo mine and processing facility from its current production capacity of 17,000 tonnes per annum to 150,000 tpa of SuperFlake® graphite concentrate. The FS estimated a capital cost of US$161.7 million plus working capital of US$25.2 million, resulting in a pre-tax NPV8 of US$424.1 million and a pre-tax Internal Rate of Re...

Filing of Annual Financial Statements satisfies conditions to receive the US$7 million Third Advance from Hochschild 1st Quarter 2024 Financial Statements expected to be filed by the end of June MDN production for March, April and May exceeded 17,000 ounces, supporting the ongoing turnaround of operations at MDN Cerrado Gold Inc. is pleased to announce operational and financial results for the fourth quarter and year-end 2023 at its Minera Don Nicolas gold project in Santa Cruz Province, Argentina and for its ongoing activities at the Monte Do Carmo gold project in Brazil and Mont Sorcier Iron Project in Quebec. Production results for MDN were previously released on January 24, 2024. The Company's annual financial results are reported and available on SEDAR as well as on the ...