Advancing Engagement, Exploration and Exploitation Agreements VANCOUVER, BC / TheNewswire / JUNE 4, 2024 - Element79 Gold Corp. provides further updates on its community relations initiatives and ongoing exploration and exploitation agreements progress with local communities. Element79 continues to foster strong relationships with the communities it operates in and around, balancing sustainable development of both its projects as well as helping the surrounding populations. Recent meetings have reaffirmed the overall support for the Company's desire to develop and ramp up to production at Lucero, beginning with the current pending long-term agreements for surface rights access. As outlined in the Company's news release from April 25th, and in online conferences or interviews ...

Sixty North Gold Mining Ltd. Sixty North Gold is pleased to announce that it has successfully moved crews to the Mon Gold Mine Property and has commenced installing a temporary camp and dock facilities. The Yellowknife area is experiencing extremely low water levels, challenging many shore-based facilities. The Company plans to bring mining crews to the property next week and full mining operations will commence shortly thereafter. Mon Gold Mine Isometric View To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5873/211527_mon_isometric_view_for_2024-06-04_news_release.jpg The Company plans to extend the existing North Ramp some 60 m to intercept the A-Zone vein 20 m below the historic stopes . Historically, the vein has produced a...

European Energy Metals is pleased to announce that it has initiated its 2024 field exploration programs on its extensive land holdings in Finland. Lithium Exploration Program The Company holds approximately 250,000 hectares of Exploration Reservations and 4500 ha of Exploration Licenses covering areas prospective for Lithium-Cesium-Tantalum Pegmatites. The field program will include detailed prospecting, geological mapping, selective trenching, ground magnetic geophysics and Base-of-Till sampling to identify and/or refine targets for diamond drilling in the fall. The current exploration budget is fully funded from the Company's existing treasury. Field crews have begun following up on the results of the 2023 exploration program where widespread lithium-rich, spodumene-bearing pegmatite min...

First Atlantic Nickel Corp. is pleased to announce its uplisting to the OTCQB® Venture Market and the Company's common shares are now quoted for trading under the symbol "FANCF". The OTCQB is a reputable U.S. trading platform that enhances visibility and liquidity in the U.S. stock market. This move aligns with the Company's goal of expanding its U.S. shareholder base, providing optionality to American investors looking for exposure to the critical minerals sector. Mr. Smith, CEO of the Company comments, "Our commitment to sustainable nickel supports North America's vital industries. Nickel is essential for electric vehicle batteries, infrastructure, clean energy, and aerospace. FAN aims to be a key player in the North American nickel market, offering a compelling opportunity...

Omai Gold Mines Corp. is pleased to announce that, due to investor demand, the Company and Paradigm Capital Inc. have agreed to increase the size of the Company's previously-announced best efforts private placement offering . The amended Offering is now for 108,333,333 common shares of the Company at a price of $0.12 per Share for total gross proceeds of $13,000,000. The net proceeds from the Offering will be used for exploration and development, and general working capital purposes. The Offering is expected to close on or about June 20, 2024 and is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the conditional listing approval of the TSX Venture Exchange and the applicable securities regulatory authoritie...

Atacama Copper Corp. is pleased to report results from five holes of a 10,000-metre diamond drilling program at its wholly-owned Cristina precious metals project in southwestern Chihuahua State, Mexico. Atacama has now reported ten holes totalling 3,094.5 metres of drilling as part of a 40-50-hole drill program. The Cristina project consists of multiple outcropping quartz veins that are frequently greater than 10 metres in width and extend for at least a five-kilometre strike length. Four parallel mineralized vein zones have been mapped and sampled to date, with most of the existing mineral resource estimate at Cristina contained within only one of the vein zones, the Guadalupe vein . Drilling Highlights Highlights of the five holes reported here, all from the eastern portion...

American Salars Lithium Inc. announces it has appointed Daryn Gordon to position of CFO. Mr. Daryn Gordon is a Chartered Professional Accountant with more than two decades of finance and accounting experience. He started his career at global auditing firms Grant Thornton LLP and PwC Canada. For the last fourteen years, Mr. Gordon has continued to expand his expertise and knowledge by providing CFO services to Canadian companies across a variety of industries. Mr. Gordon has a Bachelor of Accounting degree from the University of Lethbridge. American Salars CEO, R. Nick Horsley comments, "We are excited to have Mr. Gordon join our growing team. Mr. Gordon's experience with a big four accounting firm, combined with his experience running an independent accounting firm and acting...

District Metals Corp. ; is pleased to announce key appointments that will strengthen and expand the Company's operational efficiency in Sweden, and international marketing prowess. Hein Raat has been appointed as Vice President Exploration, which is key role given District's ongoing collaboration with Boliden Mineral AB on the polymetallic Tomtebo and Stollberg Properties in the Bergslagen Mining District of south-central Sweden . Rita Bennett has been appointed as Strategic Advisor, which aligns with District's increase in marketing and corporate communications. Mr. Raat is a professional geologist with extensive experience exploring for base and precious metal deposits in Scandinavia and Europe. He was a Geologist for the Boliden Group in Sweden for eight years with the last...

Gold Royalty Corp. is pleased to announce that it has completed its previously announced acquisition of a copper stream on the Vares Silver Project , operated by a subsidiary of Adriatic Metals plc and located in Bosnia and Herzegovina . David Garofalo, Chairman and CEO of Gold Royalty, commented: "Closing this Transaction further solidifies our outlook for strong free cash flow growth in 2024 and beyond. We believe Vares is an exceptional asset that supplements our robust portfolio of royalties on long-life and low-cost projects in top-tier mining jurisdictions. We look forward as our operating partners deliver at the assets underlying our interests and our revenue growth potential is crystalized." Pursuant to the Transaction, the Company acquired the Stream fr...

June 4, 2024. Cascade Copper Corp. is pleased to announce the results from a priority channel sampling program at its Centrefire Copper and Gold Project located ~40 kilometres northeast of Dryden, Ontario, Canada. The results indicate significant copper, gold, and silver values over substantial widths. A summary of results can be found below in Table 1. Table 1: Summary Table of Results Across the Seven Channel Areas Channel Length m Cu % Au g/t Ag g/t Cu Eq* 1 9.0 0.21 0.625 1.933 0.68 2 7.0 0.49 1.645 2.486 1.71 3 4.9 0.09 0.116 0.173 0.17 4 5.0 0.46 0.578 2.420 0.91 5 4.0 0.38 1.191 3.350 1.28 6 7.0 0.27 0.877 2.514 0.93 7 5.0 0.82 1.168 6.640 1.73 *CuEq uses copper price at $4.00/lb, gold price at $2,000/oz, and silver price at $25/oz. The calculation is as follows: CuEq ...

Vancouver, June 4th, 2024 - Generation Uranium Inc. , is pleased to announce that it has closed its oversubscribed non-brokered Private Placement of 5,000,000 Units at CAD$0.25 per Unit for total aggregate proceeds of CAD$1,250,000. The final tranche of the Private Placement closed with the issuance of 1,000,000 Units, each consisting of one Common Share of the Company and one Common Share Purchase Warrant at a price of $0.25 per Unit, for aggregate proceeds of CAD $250,000. Each Purchase Warrant is exercisable into one Common Share at an exercise price of $0.45 per share at any time up to 24 months following the closing date. The Common Shares will remain restricted until October 4, 2024. Additionally, the Company maintains a Warrant Acceleration option allowing Generation t...

Canterra Minerals Corp. is pleased to announce it has filed a National Instrument 43-101 Technical Report for a pit-constrained Mineral Resource Estimate for its Lundberg deposit located within its 100% owned Buchans Project in central Newfoundland . Filing of the Technical Report completes the requirements set by the TSX Venture Exchange in connection with Canterra's recent purchase of the project from Buchans Resources Limited. The Technical Report classifies the Lundberg deposit's Mineral Resource Estimate, effective date of February 28, 2019, as current and provides Canterra with a foundation that will guide future exploration programs focused on expansion of in-pit resources, infill drilling, and other exploration targets at the Buchans Project. Furthermore, consistent w...

Nexus Uranium Corp. is pleased to provide an update of the review of strategic alternatives for the Independence Gold Project previously announced on April 2, 2024. After reviewing all available alternatives, the Company now intends to transfer its interest in the Independence Gold Project to a wholly owned subsidiary of the Company which will then seek to complete an initial public offering and a concurrent listing of its shares on a Canadian stock exchange Following the IPO, the Company will be a shareholder of NewCo but will not be involved in its operations or management. Further details on the proposed IPO and Listing will be provided shortly. "With the continued strength of the gold price and improved sentiment for gold equities, we are moving forward with unlocking the...