Company continues to expand its Near Surface High-Grade Copper, Platinum, Palladium, Gold and Silver Zone 5km Northeast of its Main Nisk Deposit Power Nickel Inc. is pleased to announce high-grade multi-elements assay results for holes PN-24-056 to PN-24-059 . Highlights: 1 Ounce = 31.1 g/t and 1 Metre = 3.28 Feet PN-24-059 returned: 17.25 m of 0.66 g/t Au, 27.20 g/t Ag, 3.33% Cu, 2.04 g/t Pd, 1.49 g/t Pt and 0.18% Ni Including: 5.59 m of 1.91 g/t Au, 73.48 g/t Ag, 9.88% Cu, 6.23 g/t Pd, 4.56 g/t Pt, and 0.49% Ni with: 3.01 m of 0.86 g/t Au, 110.5 g/t Ag, 13.92% Cu, 8.55 g/t Pd, 7.69 g/t Pt, and 0.48% Ni PN-24-058 returned: 8.27 m of 0.19 g/t Au, 7.12 g/t Ag, 0.64% Cu, 3.43 g/t Pd, 0.84 g/t Pt and 0.25% Ni Including: 5.20 m of 0.15 g/t Au, 10.18 g/t Ag, 0.90% Cu, 4.84 g/t Pd,...

Lion One Metals Ltd. is pleased to report the start of mechanized production at Tuvatu and reports significant new high-grade gold results from Zone 5 infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Mechanized production mining has commenced at Tuvatu. The first remote bogging at Tuvatu occurred on May 16th, and the first long hole stope blast occurred on May 18th. Both are also firsts for the country of Fiji. This is a major milestone for the company as it represents the transition from predominantly development mining to predominantly production mining. The processing plant can now also sustainably process over 400 TPD, which is above the plant's name plate capacity of 300 TPD. The increased throughput is possible due to the success...

Stakeholder Gold Corp. is pleased to announce the closing of a non-brokered private placement financing , raising gross proceeds of $1,700,000 CAD through the issuance of 1,700,000 Units at $1.00 per Unit. Each Unit consists of one common share priced at $1.00 per Common Share, and one half of one common share purchase warrant . Each whole Warrant entitles the holder to purchase one additional Common Share at $1.50 for a period of two years from the closing of the Private Placement. Each whole Warrant has an early exercise provision that allows the Company to trigger exercise of the Warrant when the 10-day average price of Common Shares traded on the TSX Venture Exchange exceeds $3.00 per share. Thirty days after the trigger date, any unexercised Warrants will be deemed to be...

Yukon Metals is very pleased to announce the appointment of Helena Kuikka as Vice President, Exploration and Monica Hamm as Vice President, Investor Relations. Helena Kuikka is a Professional Geoscientist who brings 15 years of comprehensive experience in the mineral exploration and mining industry in precious and base metal projects. Her expertise spans Yukon focused exploration strategies, geologic modelling and the management of both road-accessible and helicopter-supported exploration projects. Notably, Ms. Kuikka has worked on a variety of deposit styles including Ag-Pb-Zn vein, Pb-Zn Sedex, Intrusion Related Gold Systems, Tungsten Skarns, and high-grade Au. With a proven track record in geological assessments and due diligence processes, Helena has provided technical expertise to multiple prospective M&A initiatives.

Forge Resources Corp. is pleased to announce the completion of the first 2024 planned drill hole at Alotta, showing porphyry style mineralization. The continuation of the Phase 1 drilling program is on schedule. Hole ALT-24-001 has now been completed with diamond drilling to a depth of 402 metres. Hole ALT-24-002 is now underway and is also located in the Payoff Zone area. Hole ALT-24-001 located at proposed drill site PDH-001 and the first hole to drill test the Payoff Zone. The hole azimuth/dip: 135 / -50 degrees and final depth of 402 metres tested underneath Payoff Zone, where strongly anomalous rock samples were sampled over a 200 x 300 m area. Visually, ALT-24-001 appears to have a higher concentration of pyrite stringers than what was observed in two November 2023 dril...

Peloton Minerals Corp. is pleased to announce that it has closed the second, and final tranche, of an over-subscribed financing with total proceeds of $1,022,518 . The Financing was over-subscribed by 70% from the original $600,000 sought. The Company intends to use the proceeds to fund its summer exploration program and for working capital. The exploration program funded by this financing is designed to discover lateral areas of elevated lithium in clays within Peloton's 35 square kilometer North Elko Lithium Project in northeastern Nevada. The program includes geochemical sampling across the entire property, detailed geologic mapping, spectrometer prospecting, XRD minerology analysis, and an airborne geophysical survey including Magnetics, Radiometrics, and Matrix Digital V...

June 5th,2024 - Juggernaut Exploration Ltd. further to its May 24th, 2024 news release, Juggernaut is pleased to report that it has filed with the TSX Venture Exchange for final approval of the institutionally supported oversubscribed flow-through private placement financing for aggregate gross proceeds of $3,799,613.49. Crescat Capital will now have 13,828,386 shares of Juggernaut Exploration Ltd. The use of funds from this financing will be to drill ~5000 meters on Juggernaut's 100% controlled Bingo and Midas properties, targeting prolific high-grade Copper and Gold at the surface. Dr. Hennigh stated, "Very promising results from 2023's maiden drill program confirmed strong potential for "Surebet" style intrusive-related gold-base metal lodes at Bingo. In addi...

Barksdale Resources Corp. announces a non-brokered private placement financing of 26,666,667 units at a price of $0.15 per Unit for gross proceeds to the Company of $4,000,000 . Each Unit will consist of one common share of Barksdale and one Common Share purchase warrant . Each Warrant shall entitle the holder to acquire one Common Share at a price of $0.23 for a period of three years from the date of issuance. Several existing shareholders, including Crescat Capital LLC , have cumulatively committed a minimum of $2,500,000 to the Offering. Dr. Quinton Hennigh, Technical and Geologic Director of Crescat Capital, a strategic investor in Barksdale, stated: "It is hard to think of a project with superior geological potential as Barksdale's Sunnyside property located in the Patag...

VANCOUVER, BC, June 5, 2024 /CNW/ - The following issues have been halted by CIRO Company: Golden Ridge Resources Ltd. TSX-Venture Symbol: GLDN All Issues: Yes Reason: Pending News Halt Time : 7:56 AM 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 cann...

Benton Resources Inc. is pleased to announce that it's Phase 3 diamond drill program is well underway at the Great Burnt Deposit. Field crews have also started exploration trenching at South Pond located, 15 km to the north. Additionally, regional prospecting and soil geochemical sampling have been initiated along the northern part of the belt. The Company has completed two diamond drill holes and started the third, all of which were designed to target the updip geophysical anomalies identified in last winter's down-hole Pulse EM survey. The Pulse EM survey was conducted on GB 24-34 and 35 and identified a strong anomaly updip as well as down plunge to the south. The first Phase 3 drill hole, GB 24-38, was anticipated to be 30-40m updip above GB 24-34 but didn't shallow as ex...

Not for distribution to United States newswire services or for dissemination in the United States Premium Nickel Resources Ltd. is pleased to announce a fully-committed non-brokered private placement offering of 19,230,770 units of the Company at a price of C$0.78 per Unit for aggregate gross proceeds of approximately C$15 million . Each Unit will consist of one common share of the Company and one common share purchase warrant of the Company . Each Warrant will entitle the holder to acquire one Common Share at any time prior to 5:00 p.m. for a period expiring 60 months following the date of issuance at a price of C$1.10 per Common Share, subject to Accelerated Expiry as described herein. If, at any time prior to the Expiry Date, the volume-weighted average trading price of the Common Share...

Scandium International Mining Corp. is pleased to announce that at its annual general meeting of the shareholders held on June 3, 2024, all resolutions put to the shareholders were passed. At the meeting, shareholders approved setting the number of directors at four and re-electing all of management's director nominees, as listed in the management proxy circular dated April 18, 2024, to the Board of Directors to serve until the next annual general meeting. In addition, shareholders approved the re-appointment of Davidson & Company LLP as the Company's auditor and all unallocated entitlements issuable under the Company's stock option plan until June 3, 2027. A total of 102,782,595 or 28.88% of the Company's issued and outstanding shares were represented at the Meeting. The ele...

World's largest deposits of high-grade uranium up to 100X greater than world average Known uranium deposits will last 40+ years at current level of production Uranium prices up 265% in last 5 years & up 63% in last 12 months Vancouver, British Columbia, June 05, 2024 -- MegaWatt Lithium and Battery Metals Corp. is pleased to provide an overview of Canada's uranium mining market as a backdrop to the Company's enthusiasm for the sector, MegaWatt's planned work program for its Labrador-based Benedict Mountains Uranium Property, and our interest in potentially staking additional land in the area to increase the Company's regional holdings. Uranium prices have increased by 265% in the last 5 years and by 63% in the last 12 months. Source: June 4, 2024 https://tradingeconomics.com/...