Traction Uranium Corp. and Forum Energy Metals Corp. are pleased to announce they have commenced a helicopter-borne airborne MobileMT survey on the Grease River Project, located along the north rim of the Athabasca Basin, Saskatchewan. The survey is being completed by Expert Geophysics based out of Aurora, Ontario. A total of 1,781 line-km will be surveyed at a 100 metre line spacing and will collect high resolution magnetic and VLF data. The survey will be conducted over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone . Data delivery is expected within eight weeks from completion of the survey from Expert Geophysics and will be interpreted for follow-up exploration. This additional airborne geophysical survey will help r...

CALGARY, June 12, 2024 - Ashley Gold Corp. is currently acquiring the Gradient Induced Polarization survey at Howie to determine potential drill targets. In addition, Ashley has preliminary drill locations defined for the Maiden Burnthut drill program. Darcy Christian, CEO of Ashley comments "The acquisition of IP over Howie will be a fantastic tool to understand the deeper mineralization at Howie. We are optimistic that this survey will lead to an intelligent drill-program this year. Burnthut continues to shine and we are ready to test this with a maiden drill program this summer. With over 175m of mineralized potential we are optimistic this program will open-up a new discovery for Ashley." Highlights Induced Polarization Survey Commenced Final deliverables estimated for ea...

Forge Resources Corp. is pleased to announce the completion of the first two 2024 planned drill holes at Alotta, both showing porphyry style mineralization. The continuation of the Phase 1 drilling program is on schedule with holes ALT-24-001/002 completed to a depth of 402 and 501 metres respectively. Drill hole ALT-24-003 has now commenced, testing the Severance Zone. Hole ALT-24-001 - Azimuth 135/-50 degree dip and the first hole to drill test the Payoff Zone where strongly anomalous rock samples were sampled over a 200 x 300 m area. ALT-24-001 appears to have a higher concentration of pyrite stringers than what was observed in two November 2023 drillholes. In November 2023 two drill holes were completed on the property which confirmed the porphyry style nature of minerali...

Airborne geophysical survey will resolve conductors to greater depth and help augment future drill targets for the Grease River Project in Saskatchewan's Athabasca Basin. Forum Energy Metals Corp. and Traction Uranium Corp. are pleased to announce they have commenced a helicopter-borne MobileMT survey on Forum's 100%-owned Grease River Project, located along the north rim of the Athabasca Basin, Saskatchewan. The survey is being completed by Expert Geophysics based out of Aurora, Ontario. A total of 1,781 line-km will be surveyed at a 100 metre line spacing and will collect high resolution magnetic and VLF data. The survey will be conducted over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone . Data delivery is expected within eight we...

Tower Resources is pleased to announce the commencement of the 2024 drilling season at its Rabbit North property. The property is located in the Kamloops mining district and positioned between New Gold's New Afton underground copper-gold mine and Teck's Highland Valley open-pit copper-molybdenum mine. The first phase of drilling will target prime gold and porphyry copper-gold zones within the Lightning, Thunder, and Rainbow zones. Joe Dhami, President and CEO of Tower, expressed enthusiasm for the project, highlighting the exploration team's success in identifying three distinct zones with only 6,700 meters of drilling. The multi-phase drill program aims to explore the resource potential of this under-explored property throughout 2024, with the first phase expected to co...

District Copper Corp. is pleased to report that it has added 3 new claims to its highly prospective the Copper Keg project. The Copper Keg porphyry copper project is located approximately 55 kms west of Kamloops British Columbia. The property now covers approximately 6,628 ha, an increase of over 20% to the land holdings. The property is located at the north end of the Guichon Creek batholith which hosts Teck's Highland Valley Copper operations. Two of the new claims cover extensions of the Guichon Creek Batholith across the Thompson River where multiple historic soil geochemistry anomalies occur. The third claim lies in the centre of the property. The company is currently developing an exploration program for the upcoming field season. Jevin Werbes, President and CEO of Dist...

Funding will support Li-Metal's continued development of lithium metal and anode technologies Li-Metal Corp. , a developer of lithium metal anode and lithium metal production technologies critical for next-generation batteries, is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of up to $2,000,000, comprising 20,000,000 units , at $0.10 per Unit . The Company also announces that is currently in advanced discussions with an arm's length party for the potential sale of the Company's lithium production business. At this time, the parties have not agreed on terms or timing for the completion of a transaction and there is no certainty that an agreement will be reached or a transaction completed. The intention of the transaction would ...

PTX Metals Inc. is pleased to provide an update on recent corporate and project activities related to W2 Cu Ni PGE Project located in the "Ring of Fire" region of Northwestern Ontario, and the South Timmins Joint Venture Gold Projects . Highlights include: Successful completion of the Phase 1 expansion drill program at W2 Project in NW Ontario. Assays pending on the 1,544-metre program. Engagement of independent geological consulting firm BAW Mining Inc., to commence an Exploration Target that will include a 3D shell modelling and reporting of tonnage and grade estimates expressed as ranges. The modelling will include the 84 historical diamond drill holes that are in the central area and the Phase 1 drill program assays . Commencement of exploration activities at the South Tim...

Geomega Resources Inc. , a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials, announces the resignation of Karine Emond from the Board of Directors of the Corporation. The Board would like to thank Ms. Emond for her positive contributions to the Corporation and it wishes her success in her future endeavors. The Board is considering the Corporation's options with respect to the future composition of the Board and will issue a further news release if and when a replacement is identified. About Geomega Geomega develops innovative technologies for extraction and separation of rare earth elements and other critical metals essential for a sustainable future. With a focus on renewable energies, vehicle electrification...

Thor Explorations Ltd. announces that Mr Chris Omo-Osagie, Chief Financial Officer, purchased 100,000 Common Shares in the Company on June 10, 2024. The beneficial holding of Mr Omo-Osagie following this transaction represents approximately 0.015% of the total issued share capital in the Company. For further information please contact: Thor Explorations Ltd. Email: info@thorexpl.com Canaccord Genuity Henry Fitzgerald-O'Connor / James Asensio / Harry Rees Tel: +44 20 7523 8000 Hannam & Partners Andrew Chubb / Matt Hasson / Jay Ashfield / Franck Nganou Tel: +44 20 7907 8500 BlytheRay Tim Blythe / Megan Ray / Said Izagaren Tel: +44 207 138 3203 Yellow Jersey PR Charles Goodwin / Shivantha Thambirajah / Soraya Jackson Tel: +44 20 3004 9512 Neither TSX Venture Exchan...

VANCOUVER, BC, June 12, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Pasinex Resources Ltd. CSE Symbol: PSE All Issues: Yes Reason: Cease Trade Order Halt Time : 7:45 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 prov...

Gladiator Metals Corp. is pleased to announce that, as a result of demand, it has increased the size of its previously announced non-brokered private placement . Gladiator now intends to raise aggregate gross proceeds of up to C$12,000,000 through the issuance of: 17,000,000 Charity Flow-Through common shares at a price of C$0.61 per Charity FT Share and; 4,075,000 Non-Flow-Through common shares at a price of C$0.40 per NFT Share. Gladiator intends to use the proceeds of the Offering to fund its continued exploration program at its Whitehorse Copper Project in the Yukon including diamond drilling for: "continued diamond drilling of advanced prospects Cowley Park and Chief's Trend with the intention of establishing a maiden initial inferred resource" and "new exploration drill...

Juggernaut Exploration Ltd. further to its May 24th, 2024, June 5th, 2024 and June 7th, 2024, news releases, Juggernaut is pleased to report that after receiving final approve from the TSX Venture Exchange, it has closed its institutionally supported oversubscribed charity flow-through private placement financing for aggregate gross proceeds of $3,799,613.49. The use of funds from this financing will be to drill ~5000 meters on Juggernaut's 100% controlled Bingo and Midas properties, targeting prolific high-grade Copper and Gold at the surface. The Company has issued 31,272,539 Charity flow-through units , priced at $0.1215 each for gross proceeds of $3,799,613.49. Each CFT Unit consists of one flow-through common share plus one common share purchase warrant, each warrant bei...