Resouro Strategic Metals Inc. is pleased to provide an update on project studies for the Tiros Titanium and Rare Earth Elements Project in Brazil . This includes progressing the metallurgical testwork and appointing industry leading technical experts to advance mining studies, environmental assessments and project approvals. Highlights Following the announcement dated 18th July 2024 of the 1.7 billion tonne, maiden JORC Mineral Resource Estimate of Measured, Indicated and Inferred Resource for the Tiros Project, Resouro has advanced the following key activities: 1. Progressed first phase metallurgical testwork for the Tiros Project Central Block resource: a) Near completion of non-conventional first phase rare earth testwork with our partner, Altilium Group Ltd. with results ...

Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States. Highlights: Alaska Energy Metals announces a new offering of $0.17 Special Warrants and Units for up to CAD$5,000,000 in proceeds. Proceeds to be used primarily for continued drilling at the Canwell prospects and for step-out drilling at the Eureka nickel deposit at the Nikolai project in Alaska. VANCOUVER, British Columbia, Aug. 09, 2024 -- Alaska Energy Metals Corp. is pleased to announce that it is undertaking a non-brokered offering of up to $5 million in a combination of special warrants and/or units , to be issued at the price of $0.17 per Special Warrant or Unit, as applicable, . T...

PDF Version Lucara Diamond Corp. today reports its results for the quarter ended June 30, 2024. All amounts are in U.S. dollars unless otherwise noted. Q2 2024 HIGHLIGHTS Karowe registered no lost time injuries during the three months ended June 30, 2024. As of June 30, 2024, the mine had operated for over three years without a lost time injury. The recovery of a 491-carat Type IIa diamond, a 225.6-carat Type IIa diamond, followed by the recovery of a 109-carat Type IIa diamond. A total of 76,387 carats of diamonds were sold, generating revenue of $41.3 million during the second quarter of 2024. Significant progress was made in shaft sinking in the ventilation and production shafts in Q2 2024 with the critical path ventilation shaft ahead of the July 2023 rebase schedule. At...

Ascot Resources Ltd. is pleased to announce the Company's unaudited financial results for the three and six months ended June 30, 2024 , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2024, please see the Company's filings on SEDAR+ . All amounts herein are reported in $000s of Canadian dollars unless otherwise specified. Q2 2024 AND RECENT HIGHLIGHTS On July 25, 2024, the Company closed the previously announced bought deal financing, including the full exercise of the over-allotment option, for gross proceeds of approximately $34,000 . The Offering consis...

Perpetua Resources Corp. announced today that its unaudited condensed consolidated financial results for the period ended June 30, 2024 were filed. For details, please see the Company's filings available on EDGAR and SEDAR. Perpetua Resources' vision is to provide the U.S. with a domestic source of the critical mineral antimony, develop one of the largest and highest-grade open pit gold mines in the country and restore an abandoned brownfield site. Perpetua Resources is focused on advancing the permitting for the Stibnite Gold Project through the National Environmental Policy Act process and construction readiness for the Project. Second Quarter 2024 Highlights: Zero lost time incidents or reportable environmental spills. Awarded additional funding of $34.4 million through mo...

ROUYN-NORANDA, QC, Aug. 9, 2024 /CNW/ - Comet Lithium Corp. is pleased to announce that it has closed the previously announced transaction with Troilus Gold Corp. , whereby it has acquired three prospective lithium projects from Troilus Gold for total consideration comprised of 1,500,000 common shares of the Corporation, the grant of a 24-month participation right to Troilus Gold allowing Troilus Gold to participate in any equity financing in order to maintain its equity percentage in the Corporation, subject to certain conditions including Troilus Gold holding at least 750,000 common shares of Comet Lithium at the time of the equity financing, and a grant of a 2% net smelter royalty with right to buyback 1% for $3 million on each of three prospective lithium pro...

Emerita Resources Corp. is pleased to report that the nominees listed in the management proxy circular dated June 28, 2024 for the annual and special meeting of shareholders of Emerita held on August 9, 2024 were elected as directors of the Company. The appointment of each of the nominees to the Company's board was approved by more than 96% of the votes cast at the Meeting. Shareholders at the Meeting also approved the appointment of the Company's auditors, the Company's stock option plan and the Company's restricted share unit and deferred unit plan. Details of these plans are included in the Circular which is available under the Company's profile on SEDAR+ at www.sedarplus.ca. Emerita management would like to thank shareholders for their participation and continuing support...

Sierra Metals Inc. reports consolidated financial results for the three-month and six- month periods ending June 30, 2024. The information provided below are excerpts from the Company's Q2 2024 financial statements and Management's Discussion and Analysis , which are available on the Company's website and on SEDAR+ under the Company's profile. Consolidated results include results from the Company's Yauricocha Mine in Peru and the Bolivar Mine in Mexico. Ernesto Balarezo, Sierra Metals' CEO, comments, "The operating results and financial performance during the second quarter demonstrate the continued momentum in our business. Operationally, we saw improved performance and throughput increases at Yauricocha, mainly driven by the increased access to mining areas and higher level...

Filo Corp. announces its results for the three and six months ended June 30, 2024. View PDF Jamie Beck, President & CEO, commented, "We are very happy to have announced the Company's transaction with BHP and Lundin Mining, which delivers compelling value to Filo's shareholders. Our exploration success has been unmatched since the Company was originally spun-out in 2016, and now is the right moment to hand the project off to its next stewards to maximize the potential of this remarkable discovery. With respect to our ongoing field program, despite temporarily halting drilling operations during the second quarter due to inclement weather, assays released during the quarter continue to demonstrate the size and scale of the Filo del Sol deposit. Eight holes were underway when operations were s...

West High Yield Resources Ltd. announces that, further to its news release of July 9, 2024, it has closed the first tranche of its previously announced private placement offering of units on August 9, 2024. The Closing consisted of the issuance 435,076 Units for gross proceeds of $143,575.05. The Units were issued at a price of $0.33 per Unit, and each Unit consists of one Common share of the Company and one Common Share purchase warrant . Each Warrant, together with CAD$0.45, entitles the holder thereof to acquire one additional Common Share for eighteen months from the date of the Closing. All securities comprising the Units issued on the Closing will be subject to a trading hold period expiring four months plus one day from the date of issuance. The proceeds from the Closi...

OceanaGold Corp. regrets to inform that, as reported in our second quarter results, a contractor working at our Didipio Mine in the Philippines sustained serious head injuries while attempting to remove a metal blockage from a jaw crusher in late July. Despite medical efforts and care, he recently passed away in hospital. There has been no impact to production as a result of this event. Gerard Bond, President & CEO of OceanaGold, said "We are all deeply saddened by this tragic event, especially those at Didipio who have lost two colleagues in a short period. Although the two events are unrelated, we are taking immediate action at Didipio to improve the effectiveness of the OurSafe Behaviours safety program, increase hazard identification training - particularly in relation to ...

EMX Royalty Corp. is pleased to announce that it has completed the closing and drawn down the $35 million loan contemplated in the credit agreement between the Company, its subsidiary, EMX Chile SpA , and a wholly-owned subsidiary of Franco-Nevada Corp. , which was previously announced in the Company's news release dated June 20, 2024. The Company used the proceeds of the Loan to repay the $34.42 million outstanding balance of the loan owed to a Fund managed by Sprott Resource Lending Corp. , to pay the Lender a commitment fee equal to 1% of the principal amount of the Loan and for general working capital purposes. The Company is pleased to further develop its working relationship with Franco-Nevada, a key EMX shareholder. In addition to the Loan arrangement, EM...

Trans Canada Gold Corp. is pleased to announce that the Company has now completed its tenth full month of robust steady oil production for the month of July 2024, with trucking and oil sales to Altex and Cenovus Energy Ltd. The Company will release the June numbers in the coming days, once finalized. In October 2023, the Company successfully drilled and completed seven multi-lateral legs of the Company's first multilateral well. The Company encountered oil throughout the entire 2675 meters of lateral oil pay in the Sparky formation. Since drilling inception, the Croverro 7HZ Well has now produced over 60,000 barrels of consistent steady oil production. Croverro Energy Ltd. under the terms of the agreement is the Operator. The lands for t...