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...

Energy Metals News Commentary Issued on behalf of Usha Resources Ltd. USA News Group - Energy Metals News - At the beginning of 2024, Forbes was reporting on a showdown between the United States and China over a dwindling copper supply, as prices soared. Now with the rise of artificial intelligence , the tech sector is getting hungrier for more copper, with AI recently helping to find millions of tons of it in Zambia. Despite a small price slump over the last few months, there are still analysts confidently expressing bullish sentiment for copper over the long term, with Citigroup predicting further price increases. Looking ahead, the US copper supply is set to grow by 4% in 2024, while other developments from copper miners will look to ease shortage fears with new supplies a...

Gold Springs Resource Corp. , reports the release of its unaudited consolidated financial statements for the three and six months ended June 30, 2024 and the related management's discussion and analysis of financial position and results of operations . In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated. During the six months ended June 30, 2024, general and administrative expenses, excluding non-cash share-based payments, decreased to $0.31 million compared with $0.33 million during the six months ended June 30, 2023. During the three months ended June 30, 2024, general and administrative expenses, excluding non-cash share-based payments, were $0.16 million compared with $0.16 million during the three months ended June 30, 2023. Explor...

Hertz Energy Inc. announces entering into a loan agreement with Flowing Lithium Exploration Inc. The Company has entered into a loan agreement dated June 17, 2024 with Flowing Lithium Exploration Inc. , pursuant to which the Company agreed to borrow from FLE CDN$150,000.00 . The FLE Loan bears interest at a rate of 10.0% per annum and is due in full on June 17, 2025. The FLE Loan is considered an arm's length transaction. About the Company The Company is a British Columbia based junior exploration company primarily engaged in the acquisition and exploration of energy metals mineral properties. The Company's lithium exploration projects include the Lucky Mica Lithium Project, the AC/DC Lithium Project, and the Snake Lithium Project. The Lucky Mica Project is 939 hectares locat...

Sonoran Desert Copper Corp. announces that the issuance of 1.55 million options at $0.20 announced in the Company's June 27, 2024 news release was cancelled. The Company further announces that 1.55 million stock options will now be granted to officers and directors of the company. The options will have an exercise price of $0.25 per share, and expire five years from the date of the grant. ABOUT SONORAN DESERT COPPER CORPORATION Sonoran Desert Copper Corporation is focused on securing, developing and monetizing materials assets and technologies to build shareholder value. On behalf of the Board of Directors of SONORAN DESERT COPPER CORPORATION "Brian Leeners" Brian Leeners, CEO & Director brianleeners@gmail.com / +1 604-862-4184 The information contained herein con...

VANCOUVER, BC, Aug. 9, 2024 /CNW/ - Trading resumes in: Company: NewOrigin Gold Corp. TSX-Venture Symbol: NEWO All Issues: Yes Resumption : 10:00 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 cannot provide any information about a specific halt beyo...

Tribeca Resources Corp. , further to the news release of July 26, 2024, is pleased to announce that it has it has now closed the second and final tranche of a non-brokered private placement . Together with the first tranche, Tribeca Resources raised gross proceeds of C$1,285,000. In connection with the Final Tranche, the Company raised gross proceeds of C$219,627 via the sale of 732,090 common shares of the Company at a price of C$0.30 per Common Share. The proceeds of the Private Placement will predominantly be used to fund: Pre-drilling activities and an initial drill program of up to 1,500 metres at the Company's Chiricuto project, which features a large geophysical anomaly that remains undrilled; Advancement of the Company's La Higuera project ahead of Phase 3 drilling; a...

New Destiny Mining Corp. , provides the following update on its 2024 exploration program at the Treasure Mountain project, near Princeton, BC. Railroad zone that was trenched in 2019 and yielded an average of 0.64 wt.% copper and 116 g/t silver over 4.2 meters To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5001/219179_a25bd3f004212af1_001full.jpg The 2024 drilling program continues at the Railroad copper-silver zone . Hole TMN24-02 and TMN24-03 were drilled at steeper angles compared to TMN24-01 to intersect the mineralized zone below the historic underground workings to test the extension of the mineralization at depth. The Railroad zone was chosen as a drill target as it falls within a copper soil geochemical anomaly where h...

Harfang Exploration Inc. and NewOrigin Gold Corp. are pleased to announce that they have entered into a definitive arrangement agreement dated August 8, 2024 pursuant to which Harfang has agreed, subject to certain conditions, to acquire all the issued and outstanding common shares of NewOrigin that it does not already own or may acquire . Following completion of the Transaction, it is expected that the shareholders of NewOrigin will own approximately 20% of the issued and outstanding common shares of Harfang . Pursuant to the terms of the Transaction, and as further discussed below , the expected share exchange ratio is 0.25694426 of a Harfang Share for each NewOrigin Share , subject to adjustment in accordance with the Agreement. Warrants and stock options of N...