Electra Battery Materials Corp. , a processor of low-carbon, ethically-sourced battery materials, announced today that it has been awarded $20 million by the U.S. Department of Defense. The award was made pursuant to Title III of the Defense Production Act to expand domestic production capability and is funded through the Additional Ukraine Supplemental Appropriations Act. The funds will support the construction and commissioning of North America's only cobalt sulfate refinery, capable of producing battery grade materials for lithium-ion batteries. Today, more than 80% of battery grade cobalt is produced in China. "Electra is committed to strengthening the resiliency of the North American battery supply chain," said Electra CEO, Trent Mell. "We are grateful to the U.S. Depart...

VANCOUVER, BC, Aug. 19, 2024 /CNW/ - The following issues have been halted by CIRO Company: Electra Battery Materials Corp. TSX-Venture Symbol: ELBM All Issues: Yes Reason: Pending News Halt Time : 1:56 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...

Mineros S.A. announced today that it will be participating in Renmark Financial Communications Inc.'s live Virtual Non-Deal Roadshow Series to discuss its operations, tomorrow, Tuesday, August 20, 2024, at 12:00 PM EDT. Mineros S.A. welcomes stakeholders, investors, and other individual followers to register and attend this live event. The presentation will feature Andres Restrepo Isaza, President & Chief Executive Officer, Alan Wancier, Chief Financial Officer and Ann Wilkinson, Vice President, Investor Relations. Topics to be covered will include the latest financial and operational results followed by a live Q&A. Investors interested in participating in this event will need to register using the link below. As a reminder, registration for the live event may be limited ...

Decklar Resources Inc. is pleased to announce the execution of a Strategic Development Agreement with a consortium of technical and financial services providers , to advance the development of the Oza Field in Nigeria. Under the terms of the SDA, the TSP will earn up to a thirty-five percent economic interest in the Oza Field from Decklar's economic interest by providing the necessary funding and technical services for the workover of the Oza-4 well, the side-tracking of the Oza-2 well and the drilling of two new wells. The SDA is structured to align the interests of both parties, with the TSP's earn-in phased and linked directly to the achievement of specific drilling work and production enhancements. The TSP will work closely with Decklar and Millenium Oil & Gas Company Limi...

GPM Metals Inc. is pleased to announce an upsize to its previously announced non-brokered private placement to up to 41,666,668 units of the Company at a price of C$0.06 per Unit for aggregate gross proceeds of up to approximately C$2,500,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant of the Company . Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of C$0.10 for a period of 24 months from the closing of the Upsized Offering. The proceeds of the Upsized Offering will be used by the Company for exploration efforts at its Walker Gossan Project located in Australia and for general corporate purposes and working capital. The Upsized Offering is subject to the recei...

Fortune Minerals Ltd. is pleased to announce that it has entered into a new option agreement with JFSL Field Services ULC to purchase the brownfield industrial site in Lamont County, Alberta where it plans to construct its hydrometallurgical refinery . The Alberta Refinery would process metal concentrates from Fortune's planned NICO cobalt-gold-bismuth-copper mine and concentrator in the Northwest Territories and provide a reliable domestic supply of Critical Minerals for the energy transition and other new technologies. The Alberta Refinery will produce cobalt sulphate for the North American lithium-ion battery industry, bismuth ingots and copper cement - with more than one million ounces of in-situ gold as a countercyclical and highly liquid co-product. Fortune also has a pr...

Emerita Resources Corp. announces that, further to its news release dated August 14, 2024, it it has drawn down and received USD$6 million in funding under the first tranche of its credit agreement dated August 14, 2024, as amended , entered into by the Company and Nebari Natural Resources Credit Fund II, LP . Please see the Company's news release dated August 14, 2024 for further details on the Loan Agreement. In connection with the receipt of the funding under the first tranche of the Loan Agreement, the Company issued 9,963,636 non-transferable common share purchase warrants to a nominated affiliate of the Lender, with each Loan Bonus Warrant entitling the holder to acquire one common share of the Company at an exercise price of $0.825 per Warrant Share until August 16, 20...

Drilling Expands Lion Zone Mineralization by Over 90% Power Nickel Inc. is pleased to announce high-grade multi-elements assay results for the remaining holes of its 2024 winter drill program. . Highlights: PN-24-060 returned: 10.39 m of 0.19 g/t Au, 14.17 g/t Ag, 2.12 % Cu, 2.08 g/t Pd, 0.4 g/t Pt and 0.14% Ni Including: 4.05 m of 0.31 g/t Au, 18.64 g/t Ag, 2.75 % Cu, 2.81 g/t Pd, 0.75 g/t Pt and 0.14% Ni With: 1.7 m of 0.58 g/t Au, 38.61 g/t Ag, 5.95 % Cu, 4.54 g/t Pd, 0.95 g/t Pt and 0.19% Ni PN-24-050 returned: 5.45 m of 0.13 g/t Au, 4.2 g/t Ag, 0.61 % Cu, 1.32 g/t Pd, 0.52 g/t Pt and 0.11% Ni Including: 2.6 m of 0.17 g/t Au, 7.3 g/t Ag, 0.81 % Cu, 2.38 g/t Pd, 0.72 g/t Pt and 0.05% Ni And: 1.25 m of 0.18 g/t Au, 2.72 g/t Ag, 0.95 % Cu, 0.76 g/t Pd, 0.76 g/t Pt and 0.29% ...

Goldhills Holding Ltd. is pleased to announce that it has applied for NOW Notice of Work permit with Ministry of Mining to allow for diamond drilling in the West Zone of its Lennac Lake Property to confirm the presence of copper in the historic Babine Copper - Moly Porphyry district. The company will test 4 drill sites with approximately 2800 meters of drilling upon receipt of drilling permit. The company has also increased the exploration area by the addition of two more mineral claims that are 100% owned by Goldhills Holding Ltd., comprised in the Omineca Mining Division in British Columbia. On July 7 2024, the Company staked 2 additional claims expanding the Lennac Lake Project by 1176.99 hectares for a total area of 3476 hectares. The company also began preliminary field work in the so...

Japan Gold Corp. is pleased to announce that Barrick Gold Corp. will focus solely on Barrick Alliance exploration activities in Japan at the Togi, Hakuryu and Ebino Projects. These projects have advanced well during the summer months and preparations are underway for drilling programs to commence in September. "The Barrick Alliance in Japan has spent several years filtering through an extensive portfolio of exploration targets through fieldwork, geophysical surveys and drilling. The remaining targets have both the scale and surface indications of the type of system that would be of interest to Barrick, and we are excited to be able to test their potential with drilling," said executive vice president exploration, Joel Holliday. "We are encouraged by targets identi...

Central Iron Ore Ltd. is pleased to announce that, further to its press release of August 2, 2024, the Company has filed an amended rights offering circular dated August 19, 2024, amending the rights offering circular of the Company dated August 2, 2024, in connection with its rights offering to holders of its ordinary shares at the close of business on the record date of August 13, 2024 . At the request of the Australian Securities & Investments Commission , the Company revised the offer information statement , which is Exhibit "I" to the Circular, and filed a replacement OIS with the ASIC on August 15, 2024 . Other than replacing the OIS with the Revised OIS as Exhibit "I" to the Circular, no other changes were made to the Circular. The following changes were made to the OI...

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Drilling indicates the presence of a Carbonate Replacement style system at Tim Program Expanded to include airborne geophysical surveys Over 1 - Silver North Resources Ltd. "Silver North" or the "Company") is pleased to provide an update on 2024 Yukon exploration activities at the Tim silver property. The Tim Property is under option to, and operated by, Coeur Mining Inc. , which is funding the 2024 program. To date, over 1,300 metres of drilling in four holes have been completed. "We are extremely pleased with Coeur's progress to date at Tim," stated Rob Duncan, VP Exploration for Silver North after a recent site visit to the Tim Property. "Given that the Wolf Fault has been identified in several historic trenches, in the current drillholes and anomalous soil geo...