International Zeolite Corp. , is pleased to announce the Company and Progressive Planet have entered into a new Amended and Restated Mining Operations and Option Agreement. PP is currently making payments of $31,000 per quarter to increase its Bromley Creek Zeolite Mine ownership. The new Agreements involves PP making two final quarterly payments. Relatedly, International Zeolite and PP have agreed to terminate their option agreement for the Sun Group Zeolite Mineral Claims. PP's existing 2.5% ownership in the Sun Group will be converted to an incremental 2.5% ownership in Bromley Creek. After making the two final quarterly payments required on the Bromley Creek Mine and the transfer of the 2.5%, PP will have a stake of 31% of the Bromley Creek Mine. Progressive Planet will r...

Argo Gold Inc.'s. April 2024 oil production was a total of 2,842 barrels for the month, averaging 95 barrels per day. Oil prices averaged CDN$83 per barrel and Argo's April oil revenue was $235,869 and net operating cash flow was $133,739. April 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 85 bbl/day 32 bbl/day $79,398 $39,084 Lloyd 182 bbl/day 34 bbl/day $85,179 $51,286 Lindbergh 2 76 bbl/day 29 bbl/day $71,292 $43,369 About Argo Gold Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR at www.sedarplus.ca and on Argo Gold's website at www.argogold.com. Argo Gold is ...

Go Metals Corp. is pleased to report that it has completed the reconnaissance program at the Company's wholly owned KM98 Critical Metals project on the Côte-Nord of Québec. Scott Sheldon, CEO of Go Metals states, "The company has successfully completed a first look at the KM98 project. The reconnaissance work aimed to determine favourable geology and mineralization at surface to help explain the presence of the large electromagnetic signal detected in the 2023 AirTEM survey." Observations All conductors were visited and surveyed with the beep mats. Conductive and magnetic responses were excavated by hand and sampled. All of the trenches revealed heavily weathered and rusted bedrock. Lithologies within the conductors, one of which being 4 km-long, include gabbroic anorthosite ...

African Rainbow Minerals Ltd. announces that it has purchased 41,373,414 common shares in the capital of Surge Copper Corp. pursuant to a non-brokered private placement at a price of C$0.095 per share for total consideration of approximately C$3,930,474.33 . Immediately prior to the Private Placement, ARM held no Surge Shares or other securities of Surge. Upon closing of the Private Placement, ARM owns 41,373,414 Surge Shares , representing approximately 15.0% of the issued and outstanding Surge Shares on a non-diluted basis. ARM acquired the Purchased Shares for investment purposes. ARM may from time to time acquire additional Surge Shares or other securities of Surge or dispose of some or all of the Surge Shares or other securities of Surge that it owns at suc...

MONTRÉAL - Scandium Canada Ltd. announces that it is offering rights to eligible holders of its common shares of record at the close of business on June 10, 2024 . Pursuant to the Rights Offering, each holder of Common Shares resident in a province or territory in Canada will receive one right for each Common Share held. Each whole Right will entitle the holder to subscribe for 0.426614 of a unit . Holders will need to exercise 2.344039 Rights to acquire one Rights Unit. Each Rights Unit will consist of one Common Share and one transferable Common Share purchase warrant . Each Unit Warrant will entitle the holder to purchase, subject to adjustment in certain circumstances, one Common Share at a price of $0.05 per Common Share for a period of 24 months from the date of ...

Lithium Ionic Corp. announces a non-brokered private placement financing of 16,666,666 units at $0.90 per Unit for gross proceeds of $15,000,000 with long-term strategic shareholders of the Company that are supportive of the Company's strategy to become a near-term lithium producer in Brazil's 'Lithium Valley', a region of global significance for hard-rock lithium production. Each Unit will be comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $1.05 per Common Share for a period of 18 months following the completion of the Offering. Securities issued under the Offering are expected to carry a hold period of 4 months and one day...

June 3rd, 2024 - American Salars Lithium Inc. announces it has engaged Hillcrest Merchant Partners Inc. , to provide strategic, financial, and capital markets advisory services and guidance to the Company. As part of this engagement, American Salars will appoint Hillcrest's Vice President to act as Vice President of Corporate Development at American Salars, and a member of Hillcrest's leadership team will join the Advisory Board. American Salars CEO, R. Nick Horsley comments, "The appointment of Hillcrest will help American Salars accelerate its strategic exploration and development plans on Candella II and will be instrumental in the Company's forward-looking plans for the acquisition of other Argentina lithium assets. Hillcrest's firsthand experience in the lithium sector b...

Up to nine holes and 5 - Avrupa Minerals Ltd. is pleased to announce that planning is nearly completed for a new phase of drilling at the Sesmarias copper-zinc volcanogenic massive sulfide prospect within the Alvalade Joint Venture Project in Portugal. The Company plans to drill seven 600-meter holes along a strike length of 550-600 meters in the Central and Northern sectors of the Sesmarias mineralization , potentially followed by two more 600-meter holes that will be collared where necessary, for a possible total of 5,400 meters. The new program follows on a successful 6-hole campaign completed during Q3-Q4 2023. The drilling program at Sesmarias is part of a joint venture between Avrupa Minerals and Sandfire Mineira Portugal, Unipessoal Lda. , a 100%-owned su...

Peloton Minerals Corp. is pleased to announce that it: Has commenced summer exploration work at the North Elko Lithium Project in northeastern Nevada, USA; Has oversubscribed its financing by 70% ; and, Is participating at the Mining Investment Event of the North in Quebec City, Quebec, Canada this week, June 3-5, 2024. Peloton is excited to be in the field as it works through its summer exploration program for the discovery of lithium in clays identified by the Company across its North Elko Lithium Project . The exploration is funded by a very successful fundraising effort that raised $1,022,518 split into two tranches. Tranche one, which is closed, raised $797,518. Tranche two consists of one order for $225,000 and is expected to close imminently. Peloton President and CEO ...

Aftermath Silver Ltd. is pleased to provide an update on on-going metallurgical test work on mineralized rock from its Berenguela Ag-Cu-Mn project in southern Peru underway at Kappes Cassiday and Associates' Reno facility. The Company has prepared 16 composite samples of mineralized drill core from its 2021-2 drill program, representing the key geometallurgical domains identified in the NI43-101 resource estimate published April 12, 2023 . Eight samples consist of crushed drill core for direct leaching tests and a further 8 samples consist of uncrushed core samples for possible ore sorting tests prior to leaching . The initial test work was carried out on sample RD2MINA, from geometallurgical domain 2 Recent test work focused on sample RD4LOWA, from geometallurgical domain 4,...

Freeport Resources Inc. is pleased to announce that it has closed a fourth tranche of its non-brokered private placement offering for gross proceeds of $1,508,850. In connection with completion of the fourth tranche of the Offering, the Company has issued 30,177,000 units at a price of $0.05 per Unit. Each Unit consists of one common share, and one-half-of-one common share purchase warrant. Each whole warrant entitles the holder to acquire an additional common share of the Company at a price of $0.25 until May 31, 2026. In connection with completion of fourth tranche of the Offering, the Company paid finders' fees of $600 and issued 12,000 share purchase warrants to certain arms-length parties who assisted in introducing subscribers to the Offering. All securities issued unde...

Quimbaya Gold Inc. is pleased to announce the acquisition of additional mining properties with gold and silver exploration potential, encompassing approximately 1,624 hectares. The newly secured titles, including SH2-08001 , SH2-08002X , SID-09152X , and SHO-08001 , collectively referred to as the "Concession Contracts," which are approximately within less than 10km from Aris Mining Corporation's gold mining sites which significantly expand Quimbaya Gold's foothold in the burgeoning mining landscape of Segovia, situated northeast of Medellín, the regional capital of the Department of Antioquia, Colombia. All four mining properties are prospective for gold and silver mineralization in structurally controlled Au-Ag vein deposits type. Property SID-09152X is locate...

Jancik to build out modular Direct Lithium Extraction operations globally CEO brings proven track record in building large-scale industrial projects New leadership to leverage commercial momentum for U.S. and global expansion HOUSTON and VANCOUVER, BC, June 3, 2024 /CNW/ -- International Battery Metals Ltd. , today announced the appointment of Iris Jancik as Chief Executive Officer, effective in mid-August. Jancik will focus on expanding commercial deployment of IBAT's patented modular direct lithium extraction plants. IBAT recently announced installation of its first commercial lithium production plant, co-located at US Magnesium's operations outside Salt Lake City, Utah. IBAT is currently commissioning the DLE plant with an initial design capacity of 5,000 metric tons/year ...