Eagle Royalties Ltd. is pleased to announce that today it has entered into a binding royalty purchase/sale agreement with a British Columbia based private company, Royal Uranium Inc. and its wholly-owned subsidiary, 1485568 B.C. Ltd. , whereby it has agreed to sell 12 uranium royalties to 568 . About the Transaction Eagle Royalties will sell 12 uranium royalties within its royalty portfolio to 568 in exchange for an aggregate amount of CAD$3.75 million . For a complete list and description of Eagle Royalties' royalty portfolio, please visit the following link: https://www.eagleroyalties.com/royalties. Under the terms of the Agreement, the Purchase Price shall be comprised of the following: a cash payment of CAD$2.5 million at closing; and the remaining CAD$1.25 million will b...

Hudbay Minerals Inc. today announced the release of its integrated annual and sustainability report which provides transparency and progress on key business accomplishments and sustainability initiatives in 2023 along with goals for the upcoming year and longer term. "For close to a century, Hudbay has been mining critical metals the world needs and creating value for our stakeholders - employees, community members, customers, consumers and investors - that extends far beyond investment returns," said Peter Kukielski, Hudbay's President and Chief Executive Officer. "In 2023, we made significant advances concerning organization-wide priorities, including purpose, culture and sustainability. We also enhanced our operating platform with the recent completion of brownfield investm...

Management of Sirios Resources Inc. is pleased to announce the start of the summer exploration program on its Aquilon gold property in the Eeyou Istchee James Bay region, in partnership with Sumitomo Metal Mining Canada Ltd. . A soil geochemical survey will be initiated this week as a follow-up on the gold anomalous areas delineated during the property-wide soils geochemical survey completed in 2023. Some of the anomalous areas lie outside of the known gold mineralization and are hence considered as new prospective exploration targets. The in-fill soils geochemical survey will consist of approximately 1,000 samples collected every 50 m over sampling lines spaced at 100 m interval. In addition, a series of mechanical strippings will be carried out over selected targets based o...

Heliostar Metals Ltd. is pleased to announce a non-brokered private placement of up to 18,867,924 common shares at a price of $0.265 per Offered Share for gross proceeds of up to approximately $5 million . The Company intends to use the net proceeds of the Private Placement for the commencement of drilling at Ana Paula and general working capital. The Private Placement is scheduled to close on or about June 18, 2024 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. Up to 3,773,585 of the Offered Shares are expected to be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions and will n...

Osino Resources Corp. is pleased to announce the release of its third annual Sustainability Report. The report summarises the company's social, environmental and economic performance for the year 2023 and outlines plans for the ongoing integration of sustainability into the design of the Twin Hills Gold Project. The Twin Hills Gold Project , located near Karibib in Namibia, is on track to create approximately 1,000 new jobs in the region. Osino has, from its inception and up to the end of 2023, attracted approximately C$81 million in foreign direct investment for the Namibian economy, as detailed in Osino's 2023 Sustainability Report. The pending acquisition by Yintai Gold Co., Ltd. , announced in prior press releases, is likely to be finalised in the next few months. To show...

Sky Gold Corp. provides the following update with respect to its agreement with Delta Resources Ltd. regarding the Horne and Laurie Properties, previously announced in its May 1, 2024 news release. Pursuant to said agreement, the Company has granted Delta an option to acquire a 100% interest in the Horne and Laurie properties located west of Thunder Bay, Ontario. Delta will assume all remaining obligations that the Company owed to the vendors, other than the obligation to issue the remaining 1.2 million consideration shares to Douglas Parker and Barbara D'Silva in accordance with the underlying option, which shares have now been issued, subject to a statutory hold period of four months. In addition, Delta will assume all of Sky's obligations under the underlying...

E2Gold Inc. is pleased to announce its plans to raise up to $500,000 in an equity private placement, consisting of a combination of units , priced at C$0.020, and Flow-Through Units , priced at C$0.025, in any combination. Funds will be used for its next-stage drilling plans on its district-scale Hawkins Project and for corporate purposes. The permitted program will specifically target the never-before-drilled McKinnon East Extension , with potential to double the footprint of the McKinnon Zone Inferred Resource.1 Figure 1. Map of the McKinnon East Extension area, showing high-grade gold prospects at Dubroy, Neswabin and east end of the McKinnon Zone. The Company also announces the resignation of Ellie Owens from the Board of Directors and as President of the Company. Ellie h...

Apex Critical Metals Corp. , is pleased to announce that it intends to undertake a non-brokered private placement offering of up to 5,000,000 units at a price of $0.40 per Unit to raise aggregate gross proceeds of up to $2,000,000 . Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant shall entitle the holder to purchase one Share at a price of $0.60 per Share for a period of one year from closing of the Offering . The Company anticipates that a majority of the net proceeds of the Offering will be used for property exploration and any remaining funds will be allocated to general working capital. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months and a...

Lion One Metals Ltd. is pleased to report significant new high-grade gold results from Zone 5 infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Assay results are presented here for infill and grade control drilling in the Zone 5 area of Tuvatu. Drill results include multiple bonanza grade gold assays such as 750.05 g/t, 315.46 g/t, 167.55 g/t, 134.10 g/t, 132.29 g/t, 126.84 g/t, and 120.8 g/t . These results are all located proximal to underground development in the near-surface portion of the mine. Drilling was focused on the up-dip, down-dip, and southern areas of the UR2 and URW3 lodes. These areas are targeted for mining within the next 12 months. The headline intercept of 97.46 g/t gold over 3.3 m is currently under development for...

Toronto, Ontario - The Newswire - June 12, 2024 - Loyalist Exploration Ltd. is pleased to announce results from recent sampling on the Company's 100% owned Springdale Property located 320 km northwest of St John's Newfoundland. The Property has exceptional logistics and is located in the core of a well mineralized belt hosting several past producing gold and base metal mines including the Whalesback / Little Deer Mine located 5 km to the north of the Property and the Little Bay Mine located 9 km to the northeast. The Property hosts the Stirling/Twin Pond deposit with an historic copper resource of 1 MT grading 1% copper . All indicators are that the Project presents an exciting exploration opportunity with outstanding potential for success. Click Image To View Full Size Geolo...

Nexus Uranium Corp. is pleased to announce a non-brokered private placement of up to 3,461,538 units of the Company at a price of $0.52 per FT Unit to raise gross proceeds of up to $1,800,000 . Each FT Unit consists of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one common share purchase warrant each of which is exercisable to acquire one common share for 24 months following closing at an exercise price of $0.60. Proceeds from the Offering will be used to incur "Canadian exploration expenses" as defined in subsection 66.1 of the Tax Act and "flow through critical mineral mining expenditures" as defined in subsection 127 of the Tax Act at the Cree East uranium project located in the Athabasca Basin. Upon c...

First Atlantic Nickel Corp. is pleased to announce the strategic engagement of Draganfly Inc. , an award-winning, industry-leading drone solutions and systems developer, for advanced aerial sensing exploration at the Company's district-scale Atlantic Nickel Project located in Newfoundland, Canada. Highlights: First Atlantic has engaged Draganfly, a leading drone technology company, to conduct advanced surveys, including a magnetic geophysical survey, at the Atlantic Nickel Project, aimed to identify high priority magnetic awaruite target areas while the company solidifies its plans for its 2024 drilling program. Draganfly's drones offer impressive capabilities, including a 10kg payload capacity, a wide operating temperature range, high wind tolerance, and the ability to carry...

Yukon Metals has doubled its land position from an initial 18,000 hectares (ha) acquired as part of the Berdahl property transaction announced Jan 15, 2024, to 36,000 ha after considerable staking over the last few months expanding the initially acquired Yukon portfolio. Areas of focus in this staking program were the high priority AZ property, surrounding its Talbot property, as well as a new set of prospective claims near the Alaska Highway, which has been named "Fairway".
Figure 1: AZ Property including the new AZ North Addition. New Fairway Property south of Tchawsahmon Lake.
Figure 1: AZ Property including the new AZ North Addition. New Fairway Property south of Tchawsahmon Lake.
Figure 2: Additional staking on Talbot Property.
Figure 2: Additional staking on Talbot Property.

"During these past months, prior to Closing of the acquisition, the Company has been busy staking ground around two key properties, AZ and Talbot, as well as staking new claims at Fairway. AZ is a high-priority potential copper-gold porphyry asset, while Talbot hosts a substantial gold and silver anomaly. Both AZ and Fairway are within 20km of the Alaska Highway," said Rory Quinn, President and Chief Executive Officer. "I look forward to sharing ongoing details of what is going to be a busy exploration season."

AZ & FAIRWAY

The AZ and Fairway claim area was prospected by Ron Berdahl in the early 1990's while working for Noranda (Yukon Assessment 91-051 1991). Copper mineralization is noted on the AZ property; Rock float assays returned an average of 10% Cu, 126 g/t Ag and 7.08 g/t Au from four samples in 1993, noted in assessment report 093101 (press release June 3, 2024). The author further stated, "anomalous copper gold-bearing skarn underneath the float showing suggests a local source for the mineralized float on the property." In this region, small placer operations were active on Sanpete, Pan and Gold Creeks in the 1930's.

On behalf of the Company, prior to Closing, Ron Berdahl staked the area north of the southern AZ claims, which covered an additional 7,625 ha in 372 additional claims (see Figure 1). These claims include a gossanous area on Chair Mountain associated with northwest trending faults near the contact zone of the Nikolai Volcanics. Only 11 samples were taken in this area in 1987. In 1989 prospectors returned and blasted trenches near Sanpete creek and found quartz veining with sulfides. One 25cm sample #62951 (true width unknown) assayed 51 ppb Au, 5.6 ppm Ag, 1,400 ppm Cu, 8,880 ppm Pb and >20,000 ppm Zn (Assessment report 092798). Zinc was never re-assayed.

Another sample in the same trench area assayed 59 ppb Au, 1.2 ppm Ag, 278 ppm Cu, 429 ppm Pb, 13,380 ppm Zn (grab sample #62954). Follow-up work has never been completed in this area.

A similar geological setting occurs with the presence of the volcanic rocks and limestone on the newly staked Fairway Property. This package of mineralization is highly prospective with 10km strike length (see Figure 1) through Nikolai Volcanics and Chitistone Limestone mapped by the Geological Survey of Canada (OF 2188). The Fairway Property adds 2,552 ha in 126 new claims.

Both the entirety of the AZ and Fairway properties are 10 and 18 kilometers respectively from the Alaska Highway and may be accessed by short helicopter flights. Chair Mountain was previously accessed by trail.

TALBOT

Several key factors occur in this area such as a 4km gold in soil and talus fines anomaly. Additionally, there are float quartzite rock samples such as #40868 which assayed 3.67 g/t Au, 832 g/t Ag and 1,800 g/t Cu and float quartzite rock sample #40870 which assayed 3.59 g/t Au. The anomaly and rock samples were noted in assessment report 096342 (press release June 3, 2024). Overall, there is continuity in the geology and other positive ridge and spur samples taken on the Talbot property by Ryan Gold in 2012.

Thus, it became apparent that the Company should stake additional claims in the area to cover the major anomaly and the ridge and spur smaller anomalies. The Company added 370 claims covering an additional 7,689 ha of exploration ground. The additional ground which covers eastward through the psammitic and pelitic schists and the surrounding Ruby Range batholith (Yukon Geological Survey, OF 2011-2). The Ruby Range batholith has numerous porphyry occurrences along with other intrusive rocks in the coastal range plutonic suites (Fonseca and Bradshaw, Open File 2005-5). The Talbot Property is proximal to Burwash Landing and Destruction Bay on the Alaska Highway and is easily accessible by helicopter from nearby roads. Destruction Bay is 260 km west of Whitehorse.

The technical information contained in this news release has been reviewed and approved by Peter Born, Ph.D., P.Geo, who is a Qualified Person defined under National Instrument 43-101.

About Yukon Metals Corp.

Yukon Metals represents a property portfolio built on over 30 years of prospecting by the Berdahl family, the prospecting team behind Snowline Gold's (SGD) portfolio of primary gold assets. The Yukon Metals portfolio consists primarily of copper-gold and silver-lead-zinc assets, with a substantial gold and silver component. The Company is led by an experienced Board of Directors and Management Team across technical, exploration and finance disciplines.

Yukon Metals is focused on fostering sustainable growth and prosperity within Yukon's local communities, while simultaneously enhancing shareholder value. Our strategy centers around inclusivity and shared prosperity, offering both community members and investors the chance to contribute to, and benefit from, our ventures.

The Yukon

The Yukon ranks 10th most prospective for mineral potential across global jurisdictions according to the Fraser Institute (Fraser Institute Survey of Mining Companies 2023) and is host to a highly experienced and conscientious local workforce, created by a long culture of exploration coupled with deep respect for the land. Recent major discoveries with local roots such as Snowline Gold's (SGD) Rogue Project - Valley Discovery, demonstrate the Yukon's potential to generate fresh district-scale mining opportunities.

For more information about Yukon Metals, please contact:

Rory Quinn, President & CEO
Yukon Metals Corp.
Email: roryquinn@yukonmetals.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains certain forward-looking information, including information about the incremental release from escrow of the Consideration Shares, the resumption of trading of the Common Shares and the Company's future plans and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify the forward-looking information. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking information involves significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from those discussed or implied in the forward-looking information. Such factors include, among other things: risks and uncertainties relating to the incremental release from escrow of the Consideration Shares; the resumption of trading of the Common Shares; and other risks and uncertainties. See the section entitled "Risk Factors" in the Company's listing statement dated May 30, 2024, available under the Company's profile on SEDAR+ at www.sedarplus.ca. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with the forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to update or revise the information to reflect new events or circumstances, except as required by law.

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