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/...

Gladiator Metals Corp. announces a non-brokered private placement to raise gross proceeds of C$10,000,000 consisting of flow-through common shares offered at a price of $0.61 per FT Share . Gladiator intends to use the gross proceeds of the Offering to fund its continued exploration program at its Whitehorse Copper Project in the Yukon including diamond drilling and prospecting work. The Offering is expected to close on or about June 19, 2024, and is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the conditional approval of the TSX Venture Exchange. The Company may pay finders' fees under the offering in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The securities...

CanaGold Resources Ltd. , is pleased to announce that, in line with its commitment to accelerating the advancement of the New Polaris Gold project towards production, drill crews have been mobilized to the site in northern British Columbia to restart drilling operations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240605334516/en/ New Polaris Geological Model The 2024 drilling program includes 12,000 meters of drilling, primarily targeting high-grade mineralization adjacent to historic workings in the upper part of the deposit. Recent modeling of historic drill data, comprising a total of 36 drill holes, has revealed an area of significant mineralization with numerous high-grade intercepts, indicating potential f...

Nevada King Gold Corp. is pleased to announce assay results from one metallurgical core hole and two reverse circulation holes recently completed at its Atlanta Gold Mine Project located 264km northeast of Las Vegas, Nevada, in the prolific Battle Mountain Trend. Today's holes are plotted in plan and along updated Section 23-7N, . Highlights: Hole No. From To Interval Au Ag Zone AT23NS-54C+ 160.1 190.9 30.7 6.14 79.3 WAF includes 162.3 188.1 25.8 6.94 90.5 WAF AT24NS-174B^ 109.8 158.5 48.8 3.08 33.2 WAF includes 118.9 125.0 6.1 7.00 75.5 WAF AT24NS-174C^ 103.7 138.7 35.1 4.15 47.4 WAF includes 105.2 111.3 6.1 11.06 110 WAF Table 1. Holes released today. Mineralization occurs along the northerly-trending West Atlanta Fault within an intrusive breccia zone dipping 60o to 70o we...

Mandalay Resources Corp. announces successful results from its regional target testing drill campaigns approximately 6 km to the southwest of the Björkdal Mine. This press release is the third and final in a series of updates on our recent regional exploration programs at Björkdal. Program Highlights: Drilled 26 holes and 6,295 meters of diamond drilling to test high priority regional targets near the Björkdal Mine; Intercepted high-grade gold in multiple holes at Lapptjärn including one long interval; Returned encouraging results and high-grade gold assay from Granholm; and Identified semi-massive sulphide within Tarsnäs with elevated zinc and copper assays. Assay Highlights Lapptjärn 5.3 g/t gold over 7.05 m in LP-6; and 8.6 g/t gold over 0.70 m in LP-12. Granholm 14.9 g/t ...

Fireweed Metals Corp. is pleased to report the launch of the largest regional program at Macpass aiming to unlock the 977 km2 district-level potential and develop new targets to drill-ready state. A 14,000+ metre drill program using four diamond drill rigs will have 8,000 m allocated to step out holes at Tom, Jason, and Boundary, while 6,000 m will test new targets at Macpass as part of the regional program. Objectives of the 2024 program are drilling new discoveries from target-rich regional exploration, and high-potential step out drilling from known zones at Macpass. CEO Statement Peter Hemstead, Interim CEO, stated "We are excited to commence the largest regional exploration program Macpass has ever seen. Comprising over 6,000 metres of drilling at greenfield targets, as ...

Alaska Energy Metals Corp. is pleased to announce the TSX Venture Exchange has accepted the transaction announced on May 22, 2024. The Company has entered into an agreement , pursuant to which it will be granted an option to acquire a 100% interest in the 57-claim, 3,320-hectare Bambino nickel - copper platinum group element property located in the Temiscaming Region of western Quebec. Under the terms of the Option Agreement the Company has issued 150,000 common shares to the vendors. The shares are subject to a hold period and may not be traded before October 4, 2024. For additional information, visit: https://alaskaenergymetals.com/ ABOUT ALASKA ENERGY METALS Alaska Energy Metals Corp. is an Alaska-based corporation with offices in Anchorage and Vancouver work...

Appia Rare Earths & Uranium Corp. is pleased to announce the beginning of their summer uranium exploration season for 2024. To start, Appia recently completed a ground reconnaissance and exploration program for their uranium-bearing Eastside property located in the Peter Lake Domain, east of Wollaston Lake. Appia followed up on several uranium, rare earth element, and platinum group element targets brought to light during the company's Mineral Prospectivity Map Analysis conducted in 2023 . As a result, the company collected: Sixty-three hand samples, five of which read 10,000 - 53,000 counts per second from two main uranium-bearing pegmatite-hosted mineralization trends, with additional potential for rare earth elements and platinum group metals , 403 geological stations for ...

Eldorado Gold Corp. is pleased to announce that all director nominees, as listed in the Management Proxy Circular dated April 16, 2024, were elected as directors of Eldorado at the Company's Annual Meeting of Shareholders held on June 4, 2024. "On behalf of the Board, we would like to thank our shareholders for their continued support as Eldorado Gold continues to advance construction at Skouries, and remains focused on delivering value drivers at our existing operations," said Steven Reid, Chair of Eldorado Gold's Board of Directors. "Further, we would like to thank Pamela Gibson, who, as part of our Board succession plan, did not stand for re-election this year. Her commitment, tireless effort and dedication to Eldorado was evident during her tenure on the Board. Since joinin...

Fortuna Silver Mines announces that it is offering convertible senior notes due 2029 in an aggregate principal amount of US$150 million. The Company expects to grant the initial purchasers of the Notes an option for a period of 15 days to purchase up to an additional US$22.5 million aggregate principal amount of Notes. The Company intends to use the net proceeds from the Offering to repay bank indebtedness, to fund working capital requirements, for general corporate purposes and to fund the repayment of its existing 4.65% senior subordinated unsecured convertible debentures, to the extent that such debentures are not converted into shares prior to the redemption date. Immediately prior to the closing of the Offering, the Company intends to issue a notice of redemption in...