Fremont Gold Ltd. is pleased to provide an update on the 2024 exploration program at the Company's 100% owned Urasar Project in northern Armenia. Dennis Moore, President and CEO of Fremont states, "The Company's initial 2024 Urasar exploration program is well underway. We have completed an initial program of geological mapping and surface rock chip sampling across the southern portion of the Project, where a geochemical survey in late 2023 identified robust gold and copper anomalies over a 15 km strike extent. Recent geological mapping by a porphyry-epithermal specialist confirms a large epithermal precious metal district containing multiple mineralized zones and corroborates Soviet exploration from 70 years ago. The current work program is focused on delineating drill target...

NeoTerrex Minerals Inc. is pleased to announce the addition of three key properties to its portfolio of rare earth element properties in Quebec. The addition of these new properties, along with the Company's flagship Mount Discovery property, firmly establishes NeoTerrex as a top-tier rare earths explorer. This strategic expansion significantly enhances the Company's discovery potential, providing shareholders with an excellent opportunity for success. Each of the three new property packages exhibits promising geological characteristics, further strengthening the Company's portfolio of high-potential sites. The Galactic property, spanning 6,160 hectares, is located 50 km northwest of the major mining port of Sept-Îles, Quebec and within 35 km of highway access and electricity...

Appia Rare Earths & Uranium Corp. is pleased to announce the upcoming Falcon Airborne Gravity Gradiometer and Magnetic survey over its Alces Lake property in northern Saskatchewan. This survey, conducted by Xcalibur Multiphysics, aims to provide high-resolution, low-noise subsurface imaging of the Alces Lake lithological units and structure. The data will guide Appia's future exploration efforts, targeting the dense mineralization hosts of the property's rare earth element occurrences. Stephen Burega, President, stated: "I am very excited to announce we are launching a high-resolution Falcon Airborne Gravity Gradiometer and Magnetic survey over high priority areas of our Alces Lake property. This survey will provide critical data to guide our future exploration and identify n...

Geikie Drill Program Intersects Hydrothermal Alteration and Structure Associated with Large Gravity Anomaly; Moon Lake South Drill Program Intersects Additional Uranium Mineralization CanAlaska Uranium Ltd. is pleased to report diamond drill results from its partner operated programs completed during the winter of 2024 on the Geikie and Moon Lake South Projects . Drill results from the Geikie Project confirm extensive hydrothermal alteration and structure associated with a large gravity anomaly in the Preston Creek area. Results from the Moon Lake South Project confirm additional uranium mineralization drilled adjacent to recent discovery hole MS-23-10A and along strike to the northeast along the CR-3 Corridor. Figure 1 - Moon Lake South and Geikie Project Locations To view an...

Pacific Ridge Exploration Ltd. is pleased to announce its 2024 exploration plans which include a diamond drill program at the Chuchi copper-gold project , Z-Axis Tipper Electromagnetic and magnetotellurics geophysical surveys at the Kliyul copper-gold project and an induced polarization survey at the Redton copper-gold project . Chuchi, Kliyul, and Redton are located in the prolific Quesnel terrane in northcentral British Columbia . Highlights: Chuchi: Pacific Ridge is planning to drill 2,400 m at Chuchi in 2024. This will be the Company's first ever drill program at Chuchi and will be focused on the BP Zone . Pacific Ridge believes that the BP Zone has significant, untested potential for porphyry copper-gold mineralization at depth as many of the historic drill holes were sha...

Sandbox Royalties Corp. has entered into a definitive purchase and sale agreement with B2Gold Corp. , pursuant to which it has agreed to acquire a portfolio of 10 royalties from B2Gold in exchange for approximately US$90 million in share consideration . In connection with the Transaction, Sandbox has agreed to issue approximately 153.2 million common shares to B2Gold at a price of C$0.80/share. Additionally, in conjunction with the Transaction, Sandstorm Gold Ltd. has agreed to convert the remaining principal outstanding on its Sandbox convertible note into common shares at a price of C$0.80/share. In connection with the Transaction, Sandbox has changed its name to Versamet Royalties Corporation . After giving effect to the Transaction and the conversion of the convertible no...

Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.066 per share for May 31, 2024 . At the end of May, the Company's price per share was C$0.03. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Black Sheep Income Corp. Private $1,262,649 0.012 Guided Therapeutics Inc. Private $371,965 0.003 Working Capital and Liquid Investments $2,516,697 0.023 Other Public Equity Investments $2,114,629 0.020 Other Private Equity Investments $780,259 0.007 Other Merchant Banking Investments $83,453 0.001 Total $7,129,651 0.066 Working Capital is calculated as cash, adjusted for management's estimate for known liabilities and is subject to change with future estimates...

Onyx Gold Corp. is pleased to announce that it has received its approved Quartz Class 1 Notification for the King Tut Property , in Yukon's Tombstone Gold Belt . The Company also provides an update on its preliminary summer exploration plans for the Project, including the newly acquired WEAS claims. Highlights Onyx Gold has received its Quartz Class 1 Notification for the King Tut Project from the Yukon Government. This permit paves the way for the Company to execute its 2024 exploration programs, which include up to 4,900 meters of diamond drilling. The Company has outlined a comprehensive Phase 1 exploration program for the King Tut Project. This program, scheduled for July, includes geological mapping, prospecting, and rock/soil sampling in the Golden Mask, Ra , and Main T...

Maritime Resources Corp. is pleased to provide an update for the Hammerdown Gold Project and activities at the Pine Cove mineral processing facility. The Project is located near the towns of King's Point and Springdale in the Baie Verte mining district of Newfoundland and Labrador. Highlights Engineering underway to optimize the Pine Cove mill for Hammerdown Pine Cove mill inspections and sampling at Point Rousse to support possible stockpile processing Gold clean up inside the Pine Cove mill completed, settlement expected in June Auramet International appointed project financing advisor All major Hammerdown Project permitting completed Newfoundland and Labrador again ranked in the global top 10 by the Fraser Institute "With gold prices touching all time highs Maritime is wel...

Aben Minerals Ltd. is pleased to announce that a crew has mobilized to conduct an airborne QMAGT Geophysical Survey at the 7,400 hectare, 100% owned Justin Gold Project in the Yukon Territory. The state-of-the-art geophysical survey will cover the Lost Ace and POW zones, the two main gold mineralized zones at Justin, as well as the highly prospective area between them. Historic drilling at the POW zone has returned 1.25 g/t Au over 60.0 m and 2.52 g/t Au and 29.5 g/t Ag over 12.0 m . Surface chip sampling at the Lost Ace zone returned high-grade gold values ranging from trace to 20.8 g/t Au over 4.4 m. Gold mineralization at the POW zone is hosted within and adjacent to the Justin Stock, a mid-Cretaceous intrusive body located at the southern end of the prolific Tombstone Gol...

Abacus Mining & Exploration Corp. is pleased to announce that it has signed an Agreement with Almadex Minerals Ltd. and its wholly-owned Nevada subsidiary Almadex America Inc. , to acquire a 100% ownership interest in the Willow porphyry copper property located in Yerington, Nevada, and data associated with the Willow Property . Under the terms of the Agreement, which is subject to TSX Venture Exchange approval, Abacus will issue common shares of Abacus to Almadex, as to: 7,500,000 shares in the capital of the Company on closing of the transaction, expected to be on or about June 30, 2024 ; and, on July 31, 2025 , such number of Shares owned by Almadex immediately following the completion of the transaction on the Closing Date, then divided by the number of Shares outstanding ...

Surge Copper Corp. announces a non-brokered private placement of up to 6,666,667 charity flow-through common shares at a price of $0.245 per CFT Share for gross proceeds of up to $1.6 million . Leif Nilsson, Chief Executive Officer, commented: "We are very grateful for the strong support from new and existing investors. Having recently closed a $5 million hard-dollar funding package to advance the Berg Project toward PFS, we have decided to take advantage of the prevailing tax regime to further strengthen our treasury position with this critical minerals flow-through Offering. This will allow Surge to more aggressively test its highest priority exploration targets, including the Berg SW target, and provide the Company with greater financial flexibility.Our February 7, 2024 pr...

B2Gold Corp. is pleased to announce that it has entered into a purchase and sale agreement to sell a portfolio of 10 precious and base metals royalties to Sandbox Royalties Corp. , a private, returns-focused metals royalty company . In connection with the Transaction, Sandbox has been renamed Versamet Royalties Corporation . All dollar figures are in United States dollars unless otherwise indicated. Under the terms of the Agreement, Versamet will acquire ownership of the Royalties and as consideration will issue 153.2 million common shares to B2Gold at a price of C$0.80 per share, representing an equity ownership interest in Versamet of 33.0% valued at approximately $90 million. The Royalties are comprised of the following: 2.7% net smelter return royalty on the...