Consideration of $0.43 Cdn per Common Share represents a premium of approximately 274% American Creek Resources Ltd. , announces that it has entered into a non-binding and arm's length letter of intent dated June 5, 2024 with Cunningham Mining Ltd. , a private British Columbia corporation, to engage in due diligence and negotiations regarding the terms of a proposed transaction whereby Cunningham, or a subsidiary of Cunningham, would acquire all of the issued and outstanding securities of the Company. Through this proposed transaction, Cunningham would acquire control of the Company's 20% fully carried interest in the Treaty Creek Property which has an Indicated Mineral Resource of 27.87 million ounces of AuEQ grading 1.19 g/t AuEQ and an Inferred Mineral Resource of 6.03 Moz...

VANCOUVER, BC, June 6, 2024 /CNW/ - The following issues have been halted by CIRO Company: Blue Sky Uranium Corp. TSX-Venture Symbol: BSK All Issues: Yes Reason: Pending News Halt Time : 2:45 PM 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 cannot prov...

Sierra Metals Inc. is pleased to announce that it has filed its management information circular in connection with the Company's upcoming annual meeting of shareholders . The Meeting will be held on Tuesday, June 25, 2024 at 10:00 a.m. Eastern Time . The Meeting is a virtual only meeting and can be accessed via live audio webcast online at: https://web.lumiagm.com/242040275. The Circular contains important information about the Meeting and is available under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at https://www.sierrametals.com/investors/Annual-General-Meeting-. Shareholders are encouraged to vote their shares and submit proxies in advance of the Meeting to ensure their shares are represented. If you have any questions or require more...

Rugby Resources Ltd. is pleased to announce that further to the news releases dated May 27 and 30, 2024, it has closed an oversubscribed non-brokered private placement and will issue 18,440,000 units of the Company at a price of $0.05 per Unit for gross proceeds of $922,000 . Each Unit consists of one common share and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.10 for a period of two years from the Closing Date. Finder's fees in an aggregate amount of $22,320 were paid to qualified parties in connection with the Offering. All securities issued pursuant to the Offering are subject to a statutory hold period of four months plus a day from issuance in accordance...

PPX Mining Corp. is pleased to announce that further to its press release dated May 3, 2024, the Company completed its debt settlement with an arm's length creditor of the Company by issuing 400,000 units of the Company at a deemed issue price of Cdn$0.05 per Unit to the Creditor as settlement of legal fees in the amount of $20,000 . Each Unit is comprised of one common share of the Company and one common share purchase warrant . Each Warrant is exercisable to purchase an additional common share of the Company at an exercise price of $0.07 per Warrant Share until May 28, 2026. The Company received the approval of the TSX Venture Exchange to the Debt Settlement. The securities issued to the Creditor are subject to a hold period expiring on September 29, 2024, in accordance wit...

Not for distribution to United States newswire services or for dissemination in the United States. Arras Minerals Corp. is pleased to announce that further to its news release dated May 29, 2024, it has closed its previously announced non-brokered private placement for an aggregate of 20,268,662 units of the Company at a price per Unit of C$0.26 for aggregate gross proceeds of approximately C$5.3 million. Pursuant to the Offering, Teck Resources Limited acquired 1,141,000 Units and, following closing, holds approximately 9.3% of the issued and outstanding common shares of the Company . Darren Klinck, President of Arras, commented, "We are very pleased to close this upsized financing and wish to acknowledge and express appreciation for the strong endorsement our shareholders, ...

Copper World, Inc. jointly announces the signing and acceptance of a Letter of Intent with several unions, including The International Brotherhood of Boilermakers, Iron Ship Builders, Forgers and Helpers Local 627; The Laborers International Union of North America Local 1184; and The United Brotherhood of Carpenters and Joiners of America Local 1912. The letter outlines the intention to enter into a mutually acceptable Project Labor Agreement for the construction of the Copper World Mine in Pima County, Arizona. "We recognize and acknowledge the skill and professionalism of local construction unions," said Javier Del Rio, Hudbay's SVP of South America and the USA, "Recognizing how substantial the construction of this project will be, we are delighted to have our construction team include t...

Lode Gold Resources Inc. is pleased to announce it has commissioned a QMAGT geophysical survey on its Golden Culvert and Win projects in the Yukon. The QMAGT system is to be flown out of Seabridge Gold's 3-Aces camp southwest of Lode Gold's properties. This is a collaborative alliance with other Yukon explorers such as Snowline Gold, Seabridge Gold and Aben Minerals, whereby Lode Gold and the associated companies will save on mobilization/demobilization and resultant cost-effective means of data generation. Magnetic surveys form the backbone of most exploration programs; they in effect measure the amount of iron in rocks and produce a geology map forming the foundation for further exploration. From this information our field teams can swiftly zero in towards discovery. This f...

Stria Lithium Inc. announces its decision to discontinue its acquisition of the Pontax II property, located in the James Bay region of Quebec, pursuant to the two mineral property acquisition agreements dated April 24, 2023 and May 1, 2023 respectively. The decision follows a comprehensive evaluation of the property, which was aimed at identifying lithium deposits and investigating high tantalum till samples previously collected. In the summer of 2023, Stria conducted an initial exploration program on the Pontax II property. The program involved the collection of grab samples, which were subsequently assayed by ALS Laboratory in Val D'or as well as for their mineralogical content by IOS Services Géoscientifiques in Saguenay. Unfortunately, the assay results did not con...

VANCOUVER, BC, June 6, 2024 /CNW/ - The following issues have been halted by CIRO Company: American Creek Resources Ltd. TSX-Venture Symbol: AMK All Issues: Yes Reason: Pending News Halt Time : 11:14 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 ca...

Nevada Canyon Gold Corp. is pleased to announce it has been informed that drilling has begun on the Lapon Canyon Project, a Nevada Canyon owned royalty, located in Mineral County, Nevada. Nevada Canyon recently acquired a 3% Net Smelter Royalty on the Project, Walker River Resources Corp. owns a 100% undivided interest in the Project consisting of 96 unpatented lode mining claims identified as the Sleeper and Lapon Rose claim groups situated in Mineral County, Nevada, within the northern portion of the Walker Lane gold trend. Walker River Resources Corp. , announced on June 6, 2024 that reverse circulation drilling has begun at the Lapon Canyon Project, located in Mineral County, Nevada, 60 km SE of Yerington, NV. The initial 2024 drill program at ...

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Arizona Gold & Silver CEO Mike Stark joined Steve Darling from Proactive to announce that the US Bureau of Land Management has provided the requisite approval for the Company to proceed with exploration drilling on the Red Hills gold target on the Philadelphia Gold-Silver property in Arizona. The Company had been awaiting a BLM Record of Decision.
Stark told Proactive that the permit will allow the Company to upgrade two access roads and build two drill pads and sumps for drilling up to 40 exploration holes. This drilling program aims to test the continuity of mineralized rock intersected on patented claims on the western edge of the Red Hills target.
The Company has agreed to several environmental mitigation measures both prior to and during drilling to help protect sensitiv...