China Gold International Resources Corp. Ltd. is pleased to announce that the operation of the Phase II processing plant has been resumed at its Jiama Copper-Gold Polymetallic Mine effective May 30, 2024, following the receipt of approval from the Government of Tibet Autonomous Region. On March 27, 2023, the operations of the Jiama Mine were suspended due to a tailings overflow at the Guolanggou Tailings Dam . During the suspension of operations, the Company actively carried out comprehensive repair and reinforcement work at the Guolanggou Tailings Dam. With the approvals of the Government of Tibet Autonomous Region and relevant departments of the central government, the Phase II processing plant will resume operations with a daily processing capacity of 34,000 tonnes. The Pha...

O2Gold Inc. is pleased to announce that it has closed its first tranche of a previously announced non-brokered private placement financing of common shares at a price of $0.05 per Common Share for gross proceeds of $100,000 . For more information about the Offering, please see the Company's press release dated April 24, 2023, which is available under the Company's profile on SEDAR+ at www.sedarplus.ca. Pursuant to the First Tranche, O2Gold issued 2 million Common Shares at a price of $0.05 per share. The securities issued in connection with the First Tranche are subject to a statutory four month hold period, which expires on October 1, 2024. Completion of the Offering is subject to receipt of final approval of the NEX board of the TSX Venture Exchange . In conne...

Labrador Iron Ore Royalty Corp. announced that Iron Ore Company of Canada , in which LIORC holds a 15.1% equity interest, has declared a dividend to be paid in June. LIORC's portion of the IOC dividend is U.S. $30.2 million, or about CDN. $41.2 million. For further clarity, this announcement refers to the declaration of an IOC dividend to be received by LIORC and is NOT the declaration by LIORC of a dividend to be paid to LIORC shareholders. LIORC typically declares a second quarter dividend in June based on the total amount of cash expected to be received in the quarter, including the IOC dividend. About Labrador Iron Ore Royalty Corporation The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna L...

Lavras Gold Corp. has granted an aggregate of 1,454,000 stock options to purchase common shares of the Company exercisable at a price of $1.70 per Common Share and expiring on May 30, 2029, to certain directors, officers, consultants and employees of the Company. As well, 101,419 Restricted Share Units were granted to officers of the Company in addition to the stock options. The RSUs vest on May 30, 2025, and will be settled with shares of the Company. The stock options and RSUs were granted as per the Company's normal course of business, roughly one year from the grant done in 2023, prior to the Annual General Meeting. About Lavras Gold Corp. Lavras Gold Corp. is a Canadian exploration company focused on realizing the potential of a multi-million-ounce gold dis...

Canada Carbon Inc. , reports that it has filed on SEDAR the National Instrument 43-101 report of the maiden Mineral Resource Estimate for its 100% owned Asbury Graphite Project located 80 kilometres NNE of Gatineau, near Notre-Dame-du-Laus, Québec . The Resource Estimate was prepared pursuant to Canadian Securities Administrators' NI 43-101 by the independent firm SGS Canada Inc. of Blainville, Quebec. The Maiden Resource Estimate consists of an inferred resource of 4.14 Mt with an average grade of 3.05% Cg, within the boundaries of an optimized open pit mine model. The cut-off grade for the Mineral resources was established at 1.0% Cg. Mineral Resource Estimation Parameters The Mineral Resources were estimated by Mr. Yann Camus, P.Eng., from SGS Geological Services, an indepe...

Osisko Mining Inc. announces the results of its annual meeting of shareholders held earlier today. A total of 262,117,077 common shares of the Corporation were represented at the Meeting, representing approximately 70.911% of the total number of common shares of the Corporation issued and outstanding. All matters presented for approval at the Meeting were duly authorized and approved, as follows: PricewaterhouseCoopers LLP was appointed as the auditor of the Corporation for the ensuing year, and the board of directors of the Corporation was authorized to fix their remuneration; and all of the management nominees were elected to the board of directors of the Corporation to serve for the ensuing year or until their successors are duly elected or appointed ; and Detailed voting ...

Lithium Ionic Corp. reports that its wholly owned subsidiary, Neolit Minerals Participações Ltda , has entered into a binding agreement to acquire the remaining 15% of select Salinas properties , located within the Curralinho Pegmatite Field of the lithium-rich Araçuaí Pegmatite District, in Minas Gerais, Brazil . Upon closing of the Agreement, Lithium Ionic will own 100% of all the Salinas group of properties . As consideration pursuant to the Transaction, the Company shall make the following payments to the vendor: Cash payment of the Brazilian Real equivalent of US$2 million by June 7, 2024 Cash payment of the Brazilian Real equivalent US$1 million by April 4, 2025 Issuance of 2.5 million shares of Lithium Ionic by June 18, 2024 The Salinas prop...

Cruz Battery Metals Corp. has arranged a non-brokered listed issuer financing exemption private placement of up to 6,250,000 units at a price of $0.036 per unit. Each unit will comprise of one common share of the Company and one share purchase warrant to purchase one common share of the Company at a price of $0.05 for a period of 60 months from the Closing Date. The Offering is expected to close on or about June 10, 2024, or such other date and is subject to certain conditions including, but not limited to, the receipt of all necessary Canadian Securities Exchange, regulatory and other approvals. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions , the Units will be offered for sale to purcha...

New Zealand Aluminium Smelters has signed 20-year electricity arrangements that secure the future of the Tiwai Point aluminium smelter to continue competitively producing high-purity, low-carbon metal, backed by a diversified mix of renewable electricity from New Zealand's South Island. NZAS, which owns and operates Tiwai Point, has signed contracts with electricity generators Meridian Energy, Contact Energy and Mercury NZ to set pricing for an aggregate of 572 megawatts of electricity to meet the smelter's full electricity needs. The agreements, which are subject to regulatory approvals and other conditions, are expected to commence in July 2024 and run until at least 2044. Rio Tinto Aluminium Chief Executive Jérôme Pécresse said "We are pleased the long-term future of the Ti...

Rugby Resources Ltd. announces that due to subscriber demand, its board of directors has approved an increase to its private placement offering. The increased offering will consist of up to 18,440,000 units , up from the 10,000,000 Units previously announced on May 27, 2024. The terms of the private placement financing will remain the same and each Unit will be offered at a price of $0.05 per Unit for gross proceeds of $922,000 . Each Unit will consist of one common share and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.10 for a period of two years from the date of the close. All securities issued pursuant to the Offering will be subject to a statutory hold pe...

International Tower Hill Mines Ltd. - announces the results from its 2024 Annual General and Special Meeting of shareholders held in Vancouver, B.C. on Wednesday, May 29, 2024 . At the Meeting, the Company's shareholders elected the following individuals as directors of the Company, with all receiving a majority of the votes cast, as follows: Director Votes For Votes Withheld Anton Drescher 125,608,817 15,141,363 Karl Hanneman 140,120,328 629,852 Stuart Harshaw 113,971,984 26,778,196 Marcelo Kim 140,026,490 723,690 Edel Tully 139,570,076 1,180,104 Thomas Weng 139,683,697 1,066,483 The shareholders re-appointed the current auditors, Davidson & Company LLP, Chartered Accountants, as auditors of the Company for the fiscal year ending December 31, 2024 and authorized the directors...

American Lithium Corp. is pleased to provide financial and operating highlights for the fiscal year and quarter ended February 29, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium, comments, "This was an extremely successful year operationally for both Falchani and TLC, our advanced lithium projects in Peru and Nevada, respectively. We also made strong progress in positioning our large-scale uranium project, Macusani , to unlock value for the Company and its shareholders. The filing of the maiden PEA for TLC and an updated PEA on Falchani demonstrated robust economics for both projects and led to a combined after-tax net present value of approximately US$8.37 billion. However, the overall market ...

Probe Gold Inc. , is pleased to announce it has entered into an agreement with Beacon Securities Limited and Canaccord Genuity Corp. , on behalf of a syndicate of underwriters , in connection with an underwritten private placement offering of 2,067,000 non-flow through common shares of the Company at a price of $1.21 per NFT Share for gross proceeds to the Company of $2,501,070 and ; and 6,314,000 common shares that will qualify as "flow-through shares" within the meaning of the Income Tax Act of the Company at a price of $1.98 per FT Share for gross proceeds to the Company of $12,501,720 . In connection with the Offering, the Company has granted the Underwriters an option , exercisable, in whole or in part, by the Co-Lead Underwriters, upon notice to the Company at any time ...