KÄRR Vancouver, August 11, 2024 - Leading Edge Materials Corp. announces that an application for Strategic Project designation for the Norra Kärr Heavy Rare Earths Project has been submitted. The European Commission has indicated that the first list of Strategic Projects will be announced in December 2024. Kurt Budge, Chief Executive Officer, states: "Strategic Project status for Norra Kärr would be a catalyst for realizing HREE production in Europe, with Norra Kärr contributing to the EU's needs for a secure, resilient and sustainable supply chain supporting the manufacturing of permanent magnets. Norra Kärr was first identified by the Geological Survey of Sweden in the early 1900s. Over the last 15 years, systematic project development work has been carried out, during whic...

Cornish Metals Inc. , a mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom, is pleased to announce the appointment of Don Turvey as Chief Executive Officer and a Director of the Company. The appointment, which is intended to be effective September 1, 2024, is subject to approval of a UK work visa. Mr. Turvey will relocate from South Africa to Cornwall, where he will be based. Don is an experienced mining executive with more than 40 years of experience in the sector, including senior management roles in production, project execution, business development, and minerals resource management. Since 2008, Don has been CEO of private, ASX and AIM-listed mining companies where he has succes...

Caledonia Mining Corporation plc announces its operating and financial results for the quarter ended June 30, 2024 . Further information on the financial and operating results for the Quarter and the six months ended June 30, 2024 can be found in the management discussion and analysis and the unaudited financial statements which are available on the Company's website and on SEDAR+. Financial Highlights for the Quarter Gross revenues of $50.1 million compared to $37.0 million in the second quarter of 2023 due to higher gold production and a higher gold price. Gross profit of $22.9 million, a 109.8% increase from $10.9 million in Q2 2023, due to both higher gold revenue and lower production costs. EBITDA of $22.5 million in the Quarter 1. Blanket Mine on-mine cost per ounce of $9...

Bedford Metals Corp. is pleased to announce the results of its VNIR and SWIR satellite investigation at its Sheppard Lake Uranium Project, which adjoins the Ubiquity Lake Uranium project, just south of the Athabasca Basin, Saskatchewan. The statistical analysis, conducted by Dr. Neil Pendock, PhD in Applied Mathematics, successfully identified several positive indicators. Of particular interest was the identification of methane gas, believed to be produced by altered clays, particularly illite. This finding is significant because unconformity-style uranium deposits in the Athabasca Basin are often associated with hydrothermal events that produce illite. The investigation revealed a series of discrete methane anomalies correlating to a northwest-trending fault, with the southe...

Osisko Mining is pleased to announce that it has entered into a definitive arrangement agreement dated August 12, 2024 pursuant to which Gold Fields Ltd., through a 100% owned Canadian subsidiary, has agreed to acquire all of the issued and outstanding common shares of Osisko at a price of C$4.90 per Share, in an all-cash transaction valued at approximately C$2.16 billion on a fully diluted basis . The Transaction will be completed by way of a statutory plan of arrangement under the Business Corporations Act . The Consideration represents an approxima...

Silver One Resources Inc. is pleased to announce that it has entered into a contract with Geotech Airborne Geophysical Surveys to conduct a ZTEM survey over its 100% owned Phoenix Silver project in Arizona. ZTEM is an effective electromagnetic tool for detecting large alteration systems and structures that may be host to mineralization. This could be especially important in the southern portion of the property where previous magnetic surveys in combination with multiple select high-grade copper and silver samples are suggestive of a copper-silver system at depth. It may also help to identify additional structures that may be host to high-grade silver systems. The survey will be scheduled as soon as any Forest Service field restrictions permit. The weather in the area has been...

TheNewswire - 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 Project1, Resouro has advanced the following key activities: 1. Progressed first phase metallurgical testwork for the Tiros Project Central Block resource: Near completion of non-conventional first phase rare earth testwork with our partner, Altilium Group Ltd. ...

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...