Trading Symbol: Silvercorp Metals Inc. reported its financial and operating results for the three months and twelve months ended March 31, 2024 . All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q4 FISCAL 2024 Mined 195,160 tonnes of ore, milled 237,493 tonnes of ore, and produced approximately 1,916 ounces of gold, 1.2 million ounces of silver, or approximately 1.3 million ounces of silver equivalent, plus 12.5 million pounds of lead and 4.6 million pounds of zinc; Sold approximately 1,916 ounces of gold, 1.1 million ounces of silver, 11.9 million pounds of lead, and 4.4 million pounds of zinc, for revenue of $42.7 million; Reported net income attributable to equity shareholders of $5.5 million, or $0.03 per share; Realized adju...

Elcora Advanced Materials Corp. , , a leading battery metals exploration company, announces that, pursuant to a director's resolution, the Company will be consolidating all of its issued and outstanding share capital on the basis of every ten old Common Shares into one new Common Share , subject to the approval from the TSX Venture Exchange . As a result of the proposed Share Consolidation, the issued and outstanding Common Shares will be reduced from 170,377,013 pre-Consolidation Shares to approximately 17,037,701 post-Consolidation Shares. No fractional shares will be issued as a result of the proposed Share Consolidation. All fractions of Common Shares will be rounded down to the next lowest whole number. No cash consideration will be paid in respect of fractional shares. ...

Sierra Madre Gold and Silver Ltd. is pleased to announce the appointment of Mr. Jose Francisco Correa Robles as General Manager of La Guitarra Silver-Gold Mine and Mill Complex in Estado de Mexico, Mexico. The Company also announces the issuance of stock options to La Guitarra employees, advisors and consultants of the company. Mr. Correa has more than 23 years of experience in underground mining operations. He has worked for Minera Frisco, LuisMin, Genco Resources, Farallon, Silvermex and First Majestic Silver Corp. He has an in-depth knowledge of the Guitarra mine having served as Head Planning Engineer from 2001 to 2008, Mining Superintendent from 2010 to 2011, and Operations Manager from 2011 to 2013. Mr. Correa was also General Manager of Guitarra in 2013 and 2015. He is...

Vancouver, B.C.; Muzhu Mining Ltd. is pleased to announce the closing of the non-brokered private placement offering for an aggregate of 2,707,500 units raising $137,375 in gross proceeds. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.07 for a period of one year from the date of issuance. The securities issued pursuant to the offering shall be subject to a four month hold period expiring on September 22, 2024. Muzhu Mining Ltd. Dwayne Yaretz, CEO Phone: 778-709-3398 Email: info@muzhumining.ca Website: muzhumining.ca Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio o...

Hecla Mining Company announced today that, effective immediately, its Board of Directors has named Catherine J. "Cassie" Boggs, Hecla's current Chair of the Board, as Interim President and Chief Executive Officer. Ms. Boggs succeeds Phillips S. Baker Jr., who, after nearly 23 years of service, is retiring from the Company and stepping down from its Board. Ms. Boggs will continue to serve as Chair of the Board, and the Board also named Charles B. Stanley to serve as Lead Independent Director effective May 23rd, 2024, and for as long as Ms. Boggs serves as interim President and CEO. As contemplated by Hecla's existing management succession plan, Ms. Boggs will be assisted in managing the affairs of the Company by a committee comprised of Russell Lawlar, Senior Vice President - Ch...

VANCOUVER, BC, May 23, 2024 /CNW/ - Trading resumes in: Company: Copper Road Resources Inc. TSX-Venture Symbol: CRD All Issues: Yes Resumption : 9:30 AM 5/24/2024 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a spe...

Pacific Ridge Exploration Ltd. announces a non-brokered private placement for aggregate gross proceeds of up to C$2,000,000 from the sale of non-flow through units of the Company at a price of C$0.07 per Unit, flow-through units of the Company at a price of C$0.08 per FT Unit, and FT Units to be sold to charitable purchasers at a price of C$0.115 per Charity FT Unit. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering. Each Unit will consist of one common share of the Company and one Common Share purchase warrant . Each FT Unit and Charity FT Unit will consist of one Common Share to be issued as a "flow-through share" within the meaning of the Income Tax Act and one Warrant. Each Warrant will entitle the holder thereof to purchase one Common Sh...

TSXV:OIII | OTCQX:OIIIF - O3 Mining O3 Mining Inc. is pleased to announce that it has received all assay results from its 3,053 metre winter drill campaign at the Ludovick Sector of the Horizon Project, located seven kilometres west of the Marban and Norlartic deposits and four kilometres north-east of the Canadian Malartic open-pit owned by Agnico Eagles Mines Limited. The Corporation used one drill rig to complete the 11 drill holes comprising the campaign. Highlights: 0.8 g/t Au over 9.1 metres in hole O3HR-24-016 at a vertical depth of 233.0 metres, including 5.3 g/t over 0.5 metres on SW-1 sector; 4.6 g/t Au over 1.5 metres in hole O3HR-24-010 at a vertical depth of 71.0 metres, in the Ludovick zone; 4.5 g/t Au over 1.2 metres in hole O3HR-24-013 at a verti...

Cyprium Metals Ltd. executive chair Matt Fifield joins Proactive's Jonathan Jackson after the company completed and published the Nifty Surface Mine Scoping Study, confirming the economic viability of a large surface mine.The study highlights that the optimal pit is estimated to contain 70 million tonnes of sulphide ore at 0.9% copper, leading to an expected recovery of 570,000 tonnes of copper through a concentrator over the mine's life. The proposed truck-shovel surface mine is expected to generate approximately 4.5 million tonnes of ore feed per year, with anticipated average annual production of 36,000 tonnes of contained copper-in-concentrate through an expanded plant.The projected capital expenditure is A$175 million, covering plant refurbishment, expansion and ancillary...

Sego Resources Inc., is pleased to announce that it has engaged SRK Consulting to provide a 3D geological model and an estimation of the Exploration Target potential of the Southern Gold Zone on the Miner Mountain Project. SRK Consulting is a world leading consulting company that provides consulting services across the mining life cycle from exploration through development and operations to closure. Being 100% employee owned, SRK is known throughout the international banking and investment community for its independence. Sego is pleased to take this initial step in advancing and developing the Southern Gold Zone and moving forward with the exploration and development of its copper-gold porphyry targets. The Southern Gold Zone consists of fine-grained disseminated gold in alte...

Reyna Silver Corp. Head of Investor Relations Lauren Megaw Head joined Steve Darling from Proactive to provide insights into the company's projects and strategic direction. Reyna Silver Corp., a silver exploration company, is dedicated to high-grade, large-scale projects, with a particular emphasis on its Gryphon project in Nevada.
Gryphon stands out as the company's flagship project for 2024, characterized by its stacked Carlin-type gold system, carbonate replacement deposit, and critical metals. This multi-metal deposit includes gold, silver, and other metals, offering significant exploration potential. Historically, 23 core holes have been drilled at Gryphon, providing a solid foundation for further exploration efforts.
Reyna Silver Corp. is lev...

Lumina Gold CEO Marshall Koval joined Steve Darling from Proactive to provide an insightful update on the progress of the Feasibility Study for its Cangrejos gold-copper project in southwest Ecuador, in collaboration with Ausenco Engineering Canada and other key stakeholders.
According to Koval, the consulting team has been diligently conducting field operations at Cangrejos, meeting the necessary milestones to finalize the FS by Q2 2025. Notably, the plan entails increasing the initial processing plant throughput to 40,000 tonnes per day, compared to the previously planned 30,000 tonnes per day outlined in the 2023 Pre-feasibility Study. This adjustment aims to streamline construction efforts, facilitate future expansions, and expedite gold and copper production.
Furthermore...

Fathom Nickel CEO Ian Fraser joined Steve Darling from Proactive to provide insight into the company's progress and future plans. Established in 2015 with a focus on battery metals like nickel, copper, and cobalt, Fathom Nickel aims to secure critical North American metal supplies essential for electric vehicle batteries and decarbonization efforts.
Operating two properties in northern Saskatchewan, namely Albert Lake and Gochager Lake, Fathom Nickel has been actively exploring these sites to uncover valuable mineral deposits. While Albert Lake served as the company's flagship project at its IPO, the acquisition of the Gochager Lake property in late 2022 marked a significant expansion of its portfolio.
Extensive drilling efforts at both sites have ...