CMC Metals Ltd. is pleased to announce that the Company hopes to soon initiate geophysical studies in areas on its Silverknife and Amy properties where airborne geophysics have identified significant high conductivity targets. The current outcome of an airborne electromagnetic survey completed by SkyTEM in 2021 , was the identification of several large areas with conductivity anomalies on the Silverknife and Amy properties in British Columbia, Canada . The potential targets at Silverknife and Amy are high grade silver-lead-zinc carbonate replacement and skarn deposits. The proposed studies would provide a measure of resistivity. Simply put, material with low resistivity allows electrons to move through it easily and it therefore tends to also be highly conductive. Silver is a...

Graphano Energy Ltd. is pleased to announce the start of the spring/summer exploration program on its 100% owned graphite properties in Quebec. Luisa Moreno, Chief Executive Officer of the Company, commented: "We are excited to begin our spring-summer 2024 exploration program. In the upcoming four weeks, we will concentrate on prospecting followed by trenching and stripping of areas with graphite outcrops to uncover new potential drilling targets. This exploration work will focus on the new claims and the Lac Aux Bouleaux zones that have not been previously explored. This prospecting effort is crucial for our ongoing exploration strategy." The program, which commenced in mid-April, targets the newly staked claims situated immediately east of the Standard Mine and covering 3,9...

Bedford Metals Corp. announce that it has applied for the exploration permit for its upcoming summer exploration program at the Ubiquity Lake Uranium Project, located in the prolific Athabasca region of Canada - renowned for hosting some of the highest-grade uranium mines in the world. The summer exploration program represents a significant step forward in the advancement of the Ubiquity Lake Uranium Project. Extensive planning and preparation have gone into designing this program, intending to maximize the potential of this highly prospective property. The timing of the exploration program is particularly opportune, given the recent increase in the price of uranium over the past year and the global shift toward cleaner and greener energy sources. Bedford Metals...

Vast Resources Plc / Ticker: VAST / Index: AIM / Sector: Mining 4 June 2024 Vast Resources Plc Baita Plai Q1 2024 Production Report and Aprelevka production update Vast Resources Plc, the AIM-listed mining company, is pleased to announce the Q1 2024 production report at its Baita Plai Polymetallic Mine in Romania and to provide an update on production improvements at the Aprelevka a mine. Baita Plai Mine Production for the quarter is provided below with a comparison to previous quarters. Period Tonnes mined Concentrate produced Cu concentrate grade Q1 2024 25,388 613 20% Q4 2023 24,178 562 18% Q3 2023 25,600 559 21% Q2 2023 23,372 468 21% Q1 2023 20,728 475 23% As expected, the copper content of concentrate has improved versus the previous quarter ...

Pegasus Resources Inc. has retained Dahrouge Geological Consulting USA Ltd. to complete a preliminary geological model based on detailed geological mapping and sampling completed on the Company's Energy Sands project located in Utah in Q1 2024 . The outcome of the ground program provided a detailed geological map inclusive of lithologies, geological structure, mineralization style and controls, along with confirmation of paleochannel structures controlling the uranium and vanadium mineralization present on the Property. Dahrouge used this collected data in conjunction with the 2015 Utah Geological Survey regional map and stratigraphic column as a reference framework to build a preliminary geological model to support Pegasus' permitting efforts for the planned upcoming drill p...

Fury Gold Mines Ltd. and is pleased to announce the results from its Spring 2024 diamond core drilling program at its 100% owned Éléonore South gold project located in the Eeyou Istchee Territory in the James Bay region of Quebec. The Spring 2024 diamond drilling program comprised 2,331.4 metres completed in seven diamond drill holes testing 2.3 kilometres of strike along the JT - Moni Trend. The drilling targeted 100 to 125 m downdip extensions from historical drilling. All seven drill holes intercepted anomalous gold mineralization including 137.5 m of 0.44 g/t gold and 18.7 m of 0.97 g/t from drill hole 24ES-161, 115.5 m of 0.50 g/t gold from drill hole 24ES-162 and, 28.0 m of 0.47 g/t gold from drill hole 24ES-160 . The limited drilling completed confirms that the gold mi...

Lahontan Gold Corp. is pleased to announce that it is has completed Phase One of its 2024 drilling program at the Company's Flagship Santa Fe Mine project. Lahontan completed six reverse-circulation drill holes totaling 1,303 metres, four at the Slab target area and two at the Calvada East target. The drill program targeted areas that have the potential to greatly expand the project's Mineral Resource Estimate and help support a Preliminary Economic Assessment of the project planned for later this year. Samples from the drill holes have been submitted to American Assay Laboratories in Reno, Nevada for gold and silver analyses. Kimberly Ann, Lahontan Founder, CEO, President, and Director commented: "The first Phase of drilling at the Santa Fe Mine project was focused on the Sl...

Empress Royalty Corp. is pleased to announce that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of June 3, 2024, and is for four months and shall be automatically renewed for subsequent one month terms unless either party provides at least thirty days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or ...

Hannan Metals Ltd. announces a non-brokered private placement financing of up to 7,142,857 units of the Company at a price of C$0.35 per Unit for gross proceeds of up to C$2,500,000. Each Unit comprises one common share and one-half of one common share purchase warrant . Each Warrant entitles the holder to purchase one additional Share of the Company at an exercise price of C$0.50 for a period of two years from closing of the Offering. The Company has the right to force conversion of the Warrants, if at any time from and after the date of issuance, the weighted average closing price of the Company's common shares on the TSX Venture Exchange , equals or exceeds C$0.70 for 20 consecutive trading days. The expiry date of the Warrants will then be 30 days from the date of issue of...

Eastfield Resources Ltd. announces that it intends to raise up to $150,000 by way of a non-brokered unit private placements at a price of $0.025 per unit, with each unit to consist of one common share and one share purchase warrant, with each warrant to entitle the holder to purchase an additional common share at a price of $0.05 for a period of 2 years from closing. The Placement will be non-brokered; however, the Company may pay finder's fees in accordance with the rules and policies of the TSX Venture Exchange . The Placement is subject to the completion of formal documentation and receipt of all necessary regulatory approvals, including TSX-V acceptance. Certain insiders of the Company may participate, with full particulars of such participation to be included in the news...

Rio Tinto will invest US$143 million to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIronTM, to support decarbonising the global steel value chain. The development of the BioIron Research and Development Facility in the Rockingham Strategic Industrial Area, south of Perth, follows successful trials of the innovative ironmaking process in a small-scale pilot plant in Germany. BioIron uses raw biomass and microwave energy instead of coal to convert Pilbara iron ore to metallic iron in the steelmaking process. When combined with the use of renewable energy and carbon-circulation by fast-growing biomass, BioIron has the potential to reduce carbon emissions by up to 95% compared with th...

Solaris Resources Inc. is pleased to announce that, in connection with its previously announced bought deal offering, it has filed a final short form prospectus dated June 3, 2024 to qualify the distribution of 7,150,000 common shares of the Company at a price of $4.90 per Common Share and an additional 1,072,500 Common Shares at the Offering Price pursuant to an over-allotment option . The Offering is expected to close on or about June 10, 2024, and is subject to regulatory approvals, including the approval of the Toronto Stock Exchange and the NYSE American LLC. This news release does not constitute an offer to sell or a solicitation of an offer to buy the Common Shares nor shall any sale of the Common Shares occur in any jurisdiction, including the United States, in which ...

The Donald Project is an advanced-stage project with the potential to supply approximately 7,000 - 14,000 tonnes of monazite sand in a rare earth element concentrate per year to Energy Fuels' White Mesa Mill, for processing into separated REE oxides, as early as 2026. Under the joint venture, Energy Fuels has the right to invest AUD$183 million and issue $17.5 million in Energy Fuels shares to earn up to a 49% interest in the project. Of these amounts, Energy Fuels expects to issue $3.5 million in Energy Fuels shares in 2024 and to invest approximately $10.6 million in 2024 from its existing working capital , prior to making a final investment decision to proceed with the development of the firs...