Forum Energy Metals Corp. is pleased to announce a non-brokered private placement of up to 7,407,407 units at a price of $0.135 per Unit for gross proceeds of up to $1,000,000 . Each Unit will consist of one common share and one-half of one share purchase warrant . Each Warrant will entitle the holder to purchase one common share at a price of $0.20 per Warrant Share for a period of 24 months following closing of the Offering. The proceeds from the Offering will be used for working capital and the Offering is subject to acceptance by the TSX Venture Exchange. Finder's fees may be payable in accordance with the policies of the TSX Venture Exchange and all securities to be issued will be subject to a four month hold period in accordance with applicable securities laws. The secur...

Drill mobilization and camp construction near completion for ACKIO and Hook Ground ANT and gravity surveys complete over ACKIO and regional targets at Hook Bear drill program is complete, with results to be released when assays received Baselode Energy Corp. is pleased to provide updates for its ACKIO/Hook and Bear uranium projects in the Athabasca Basin area of northern Saskatchewan . "We look forward to exploring the ACKIO discovery and its surroundings on the Hook project this year. New targets include multi-layered geophysical and geological features along strike to the southeast and at depth beneath ACKIO. Additionally, drill hole data suggests the mineralization fluid system is open in both directions. Our regional exploration targets are reinforced with recent ground g...

Canter Resources Corp. is pleased to report initial brine and clay/sediment assay results from the Company's completed 15-hole Phase I shallow Geoprobe drill program at its Columbus Lithium-Boron Project , located near Tonopah, Nevada. The assays reported herein correspond to approximately 35% of the samples collected during the program. Initial results successfully demonstrated mineralized brines from shallow aquifers over two kilometres in strike highlighting the potential for multi-layered aquifers at Columbus. The initial sediment/clay samples returned peak values of 3,070 ppm boron , 690 ppm lithium and 3.89% potassium with several highly mineralized sedimentary intervals starting from surface . Clay results from CB24-018/019 highlight potential for higher grade Li-B min...

New wholly owned exploration license secured covering the Wongarbon Project, which is interpreted to host one of the last remaining untested and large intrusive complexes of the Macquarie Arc: Regionally significant magmatic complex situated on the interpreted under cover extension of the northern Molong Belt coincident with an intrusive level cross arc structure supporting a series of large and untested porphyry targets. Clear analogues of the nearby complexes and existing Tier 1 deposits in the Arc and aeromagnetic signatures of other globally significant porphyry deposits. Previously identified as a large-scale new intrusive complex target by Newcrest but not drill tested at the time due the Cadia Far East and Ridgeway discoveries. Recent interpretations support immediate high priority ...

Soma produced 7,335 AuEq ounces in Q1-2024 - an 8% increase over the 6,796 AuEq ounces produced in Q1-2023. Revenue for the quarter was up 21% to $19.3 million. Adjusted EBITDA was $6.3 million for the quarter, which was largely consistent with $6.8 million in Adjusted EBITDA recorded in Q1-2023. Transition to new Mining Method progressed in Q1 resulting in the expected, temporarily higher production costs, which are expected to fall in Q2 and for the balance of the year Total cash costs per ounce of gold sold was US$1,192, and the average realized cash margin was US$894, compared to US$983 in Q1-2023. Soma Gold Corp. is pleased to announce that the Company's Financial Statements and MD&A for the Three Months Ended March 31, 2024 and 2023 have been filed on SEDAR and are ...

Embark on a virtual tour and see firsthand Cobalt Blue Holdings Ltd.'s commercial feedstock testing at our Technology Development Centre in Broken Hill. We are actively evaluating two different third-party feedstock sources to produce cobalt and nickel sulphate at a pilot scale . Our tests have already achieved impressive results, with cobalt extraction recovery reaching up to 95-97%. Ongoing optimisation efforts aim to push these numbers even higher. Our Strategy: Responding to the Global Landscape Cobalt Blue are currently developing Australia's first Cobalt-Nickel Refinery, strategically located in the Kwinana Industrial Area, south of Perth, Western Australia. The timing for this critical project couldn't be better. Legislation in key markets, USA and Europe, is actively ...

Arizona Metals Corp. is pleased to announce that it will be holding its Annual General Meeting of shareholders on June 28, 2024 at 1:00 p.m. . The Meeting will be held by live audio webcast in order to facilitate shareholder attendance and participation. Details regarding how to attend and vote at the Meeting will be included in the management information circular being delivered to shareholders in connection with the Meeting and filed on Arizona Metals' profile on SEDAR+ at www.sedarplus.com. The Company also announces today that the board of directors has determined to defer the shareholder vote on the proposed spin-out transactions which were previously announced by the Company on January 22nd, 2024. Arizona Metals had previously announced its i...

F3 Uranium Corp. announces that further to the news release dated February 20, 2024, its wholly owned subsidiary, F4 Uranium Corp. has entered into a definitive option agreement dated May 29, 2024 with Canadian GoldCamps Corp. , pursuant to which Canadian GoldCamps can earn up to a 70% interest in and to F4's Murphy Lake Property in the Athabasca Basin, Saskatchewan . The Property is located in the north-eastern corner of the Athabasca Basin, 30 km north-west of Orano Canada's McLean Lake deposits, 5 km south of IsoEnergy Ltd.'s Hurricane Uranium Deposit and covers approximately 6.1 square kilometers of land. If completed, the Transaction will constitute a "fundamental change" of Canadian GoldCamps pursuant to the policies of the Canadian Securities Exchange . A...

Silver Spruce Resources Inc. is pleased to announce that the TSX Venture Exchange has granted an extension to the closing of the second tranche of its previously announced private placement of units . The Company is now required to close the second tranche of the Private Placement on or before June 14, 2024, but expects to do so in advance thereof. All securities issued in connection with the Private Placement are subject to a statutory hold period expiring four months and one day from issuance. The Private Placement is subject to the approval of the TSX Venture Exchange. About Silver Spruce Resources Inc. Silver Spruce Resources Inc. is a Canadian junior exploration company holding 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario and has signed Defi...

Highlights Gladiator has recently received the processed results from a high-definition drone-borne aeromagnetic survey completed over the Whitehorse Copper Belt, the survey has successfully: Identified potential extensions to known mineralization; Highlighted significant un-drilled exploration targets associated with high-magnetic responses; and Supports a strong correlation between occurrences of magnetite-copper skarn mineralization and reported magnetic anomalies. The results of the survey supports Gladiator's belief that a survey of this detail and extent can be utilised effectively as a direct detection tool of mineralized bodies under cover. An initial review of the survey has identified significant new target areas associated with high magnetic responses that has driven Gladiator t...

Kenmare Resources plc 3 June 2024 Fatality at the Moma Mine Kenmare Resources plc regrets to report a fatality at its Moma Titanium Minerals Mine in northern Mozambique on 1 June 2024. Initial investigations found that the deceased, who was an excavator operator employed by one of Kenmare's contractors, was involved in a fatal incident during the night shift. He was part of a team of contractor employees establishing a new dry mining area for the Wet Concentrator Plant A operations. Kenmare suspended all mining and processing operations at Moma following the incident for a safety stand-down and for employees to be briefed. An investigation by mine management and the police has begun. Kenmare has notified Mozambique's Ministry of Mining, Ministério dos Recursos Min...

Power Nickel Inc. is pleased to announce that it has partnered with Karbon-X to offset the carbon footprint associated with the drilling of 30,000 meters. This strategic initiative underscores the Company's steadfast commitment to environmental stewardship and sustainability, reaffirming their dedication to environmental excellence for the second consecutive year. "While searching for more nickel, we discovered the remarkable Lion Zone which has dramatically ramped up our drilling program. We remain firm on our objective of delivering a Carbon Neutral Mine that is increasingly looking like it will be not just nickel, but polymetallic, with other critical minerals, notably copper, as well as high grades of platinum, palladium, gold, and silver. We are once again pleased to be ...

Electric Metals Ltd. is pleased to announce that Dr. Quinton Hennigh and Mr. Tyson Hall will stand for election as directors at the Company's upcoming annual general and special meeting to be held on June 26, 2024 at 12 noon EST , along with incumbents Brian Savage , Dr. Henry Sandri, John Kutkevicius, Megan McElwain and Steve Durbin. "We are extremely pleased that Dr. Hennigh and Mr. Hall have agreed to join our board," said Oliver Lennox-King, Chair of EML. "The expansion of the EML board reflects the growth and strategic initiatives of the Company as we further advance the Emily Project, for which we have just filed an updated NI43-101 technical report. Their disparate knowledge, experience and technical, operational and financial acumen will be a strong complement to our ...