Falco Resources would like to thank all those who participated and enriched the discussions during the public information period of the Bureau d'audiences publiques sur l'environnement and reiterates its commitment to working closely with the community, environmental groups, and authorities for the success of Falco's Horne 5 Project. This information period, which was held from April 24 to June 10, 2024, allowed citizens, groups, the municipality and organizations to learn about the various environmental, economic and social aspects of the Project. During this period, it was also possible to make requests for public consultation or mediation to the Minister of the Environment, the Fight against Climate Change, Wildlife and Parks. On April 23rd...

Image Resources NL is pleased to announce the commencement of minor or preliminary works activities for its 100%-owned Atlas mineral sands project located 170km north of Perth in the North Perth Basin. The Board of Directors has approved continuing with budgeted expenditures for permitted Preliminary Works for the Atlas project development. Preliminary Works include, but are not limited to, construction of the Atlas accommodation camp and deconstruction of the wet concentration plant at Boonanarring in preparation for transport to Atlas. The Board remains committed to the Atlas development based on positive project economics; significant capital expenditure having already been made for the development of Atlas; the absence of a superior project development option within the s...

Adamera Minerals announces that a proposed share consolidation was approved by its shareholders at the Company's Annual General Meeting held on June 5, 2024. The Company has since made the required submissions to the TSX Venture Exchange to proceed with a share consolidation on the basis of ten existing shares to one new common share. As a result of the Consolidation, the Company's issued share capital will be reduced from 238,302,928 shares to approximately 23,830,293 shares post-consolidation. Resulting share fractions less than one-half of a share, shall be cancelled, and fractions of at least one-half of a share, shall be rounded up to one whole share. The Company's name will remain unchanged following the Consolidation. Adamera's shares will commence trading on th...

Phenom Resources Corp. announces that it proposes to undertake a non-brokered private placement of up to 2,500,000 units at a price of $0.45/Unit to raise total gross proceeds of up to $1,125,000 . Each Unit will be comprised of one common share and one warrant. Each whole warrant will entitle the holder thereof to purchase one common share for a period of 3 years at a price of $0.65. The Company also retains a 10% over-allotment option which will permit it to issue up to an additional 250,000 Units for up to an additional $112,500 if circumstances warrant at the time of closing. The gross proceeds received from the sale of the Units will be used for work programs on the Company's exploration properties and for general working capital. The Units will be offered to qualified p...

Contango Ore Inc. , today announced it has commenced an underwritten public offering of shares of its common stock and accompanying warrants to purchase shares of its common stock. The shares of common stock and warrants will be issued separately but can only be purchased together in the Offering. All of the shares of common stock and warrants in the Offering are to be sold by Contango. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. The Company intends to use the net proceeds from the Offering for general corporate purposes, which may include working capital, continued exploration of the Lucky Shot Project and exploration of HighGold's Johnson T...

First Phosphate Corp. CEO John Passalacqua joined Steve Darling from Proactive to announce that the Canadian government has updated its critical minerals list for the first time since 2021, adding phosphorus, high-purity iron, and metallic silicon. This update brings the total number of critical minerals to 34. Passalacqua highlighted several advantages of phosphorus being included on this list, emphasizing the significant financial and developmental benefits for the company.
Passalacqua explained that the addition of phosphorus to the critical minerals list makes First Phosphate eligible for critical minerals flow-through shares, which aid flow-through investors. Moreover, there are numerous funding programs available at both federal and provincial levels that ...

Mawson Gold Ltd. is pleased to announce that it has entered into a non-binding term sheet with Southern Cross Gold Ltd. dated June 11, 2024 , contemplating the acquisition of SXG by Mawson through an Australian scheme of arrangement transaction . Pursuant to the NBTS, Mawson is expected to acquire all the ordinary shares of SXG that Mawson does not already own and change its name to Southern Cross Gold Ltd. . The New Southern Cross will maintain its listing on the TSX Venture Exchange and seek a dual listing on the Australian Securities Exchange . The Australian Arrangement is not considered a related party transaction pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. Bruce Griffin, Member ...

Pacific Ridge Exploration Ltd. is pleased to announce that it has closed the first tranche of its non-brokered private placement raising a total of $1,683,380. The Company issued 16,250,000 flow-through units at a price of $0.08 per FT Unit for gross proceeds of $1,300,000. Pacific Ridge also issued 5,476,858 non-flow-through units at a price of $0.07 per NFT Unit for gross proceeds of $383,380 in a first tranche of the non-flow-through portion of the Financing. Pacific Ridge expects to close the second and final tranche of the Financing shortly. The Company intends to use the proceeds raised from this Financing for general working capital and for a diamond drill program at the Chuchi copper-gold project in B.C. Pacific Ridge plans to drill 2,400 m at the Project this year. Th...

First Phosphate Corp. is pleased to announce that the Canadian Minister of Energy and Natural Resources , Mr. Jonathan Wilkinson, unveiled today an update to the Critical Minerals list of Canada to include phosphorous, high-purity iron and silicon metal to its list of 34 minerals and metals: https://www.canada.ca/en/natural-resources-canada/news/2024/06/government-of-canada-releases-updated-critical-minerals-list.html To be considered a critical mineral in Canada, a mineral must meet the following criteria: the supply chain is threatened there is a reasonable chance of the mineral being produced by Canada be essential to Canada's economic or national security be required for the national transition to a sustainable low-carbon and digital economy position Canada as a sustainab...

Blue Sky Uranium CEO Niko Cacos joined Steve Darling from Proactive to share news the company has entered into a binding term sheet with Corredor Americano, an Argentine company, to complete an option agreement regarding the Company's Ivana Uranium-Vanadium Deposit.
Cacos told Proactive that Corredor Americano can earn up to a 50% indirect interest in the Property by spending up to 35 million dollars advancing Ivana through to the completion of a feasibility study and drilling key exploration targets located in adjacent areas of the Property. Following a positive feasibility study, Corredor can earn an additional 1% upon its decision to fund the capital cost of the Project and further 29% interest by funding 100% of the estimated capital costs to achieve commercial production....

Brunswick Exploration CEO Killian Charles joined Steve Darling from Proactive to share the final results from its Mirage winter drilling campaign. The Mirage Project is located in the Eeyou Istchee-James Bay region of Quebec, approximately 40 kilometers south of the Trans-Taiga Road. The winter drill campaign focused on the Central Zone and has continued to intersect wide and well-mineralized intervals within the MR-6 dyke.
Charles told Proactive the drilling saw a new interval at the MR-6 dyke with 1.64% Li2O over 69.3 meters in drill hole MR-24-61 and 1.17% Li2O over 28.3 meters in drill hole MR-24-50 both starting from surface. The MR-9 dyke is located approximately 600 meters northeast of MR-6, with 1.07% Li2O over 14.4 meters in drill hole MR-24-45 and 2.00% Li2O over 4 ...

Montauk Metals Inc. announces that the International Centre for Settlement of Investment Disputes Arbitral Tribunal has ruled against the Company in connection with the arbitration proceedings the Company brought against the Republic of Colombia relating to the Company's claim that Colombia failed to compensate the Company for the losses with respect to the Company's Reina de Oro project incurred as a consequence of Colombia's prohibition of mining in the páramos . The Company disagrees with the Tribunal's decision and is assessing the impact on the Company, however, is pleased with the Tribunal's rulings on costs, which deny Colombia any award of costs, and order Colombia to reimburse the Company in the amount of USD$504,000. The Company is analyzing the decision with its le...

FPX Nickel CEO Martin Turenne joined Steve Darling from Proactive to FPX Nickel CEO Martin Turenne joined Steve Darling from Proactive to announce the re-initiation of exploration activities at the Company's Mich property in the Yukon. The Company has recently expanded its claims at Mich by over 350% and will conduct a wide-ranging surface sampling program over the summer of 2024 with the goal of advancing Mich to drill-ready status.
Turenne told Proactive that the company is looking to conduct geological mapping and surface sampling, aiming to expand the footprint of known awaruite nickel mineralization, from where previous sampling and drilling has generated positive results. FPX Nickel has been awarded a non-repayable grant under the Yukon Miner...