Excelsior Mining Corp. is pleased to announce that it has received the US$5 million infrastructure access payment from Nuton LLC , a Rio Tinto venture. This payment was provided as a result of Nuton electing to proceed to Stage 2 of the existing Option Agreement . The purpose of the Agreement is for Nuton to evaluate the use of its Nuton™ copper heap leaching technologies at Excelsior's Johnson Camp mine in Cochise County, Arizona. Under the Agreement, Excelsior remains the operator and Nuton funds Excelsior's costs associated with a two-stage work program at Johnson Camp. As Nuton has elected to proceed to Stage 2, it made the US$5 million payment to Excelsior for the use of existing infrastructure at the Johnson Camp mine for the Stage 2 work program. Nuton will also ...

Waraba Gold Ltd. is pleased to announce the commencement of a new drilling campaign over the past few days at its Fokolore Gold Project in West Mali, West Africa and as further detailed in the Company's news release dated November 30, 2022. This drilling campaign - "Phase 1" of a planned three-phase drilling program - has been designed by Waraba's Chief Geologist, Mr. Mamadou Coulibaly, to extend the strike length of historic high-grade gold mineralization identified by RC drilling and rock chip sampling by 2.3km to 3.5km. During this "Phase 1" drilling program, the Company will carry out 76 priority reverse circulation drill holes averaging 120 meters in depth and 2,350 meters of rotary air blast drilling . Depending on the results of the previous phase of the drilling: "Pha...

Marvel Discovery Corp. is pleased to announce that it has acquired 100% of additional ground east of Elliot Lake to complement its East Bull Property. The additional land package of 805 hectares brings the land holdings in the area to a total of 6,157 ha. . The Pecors West property has the potential to host three unique styles of mineralization under the critical metals criteria: PGM-Ni-Cu magmatic style mineralization associated with the large Pecors regional magnetic anomaly. Uranium mineralization typical of the Elliot Lake uranium camp within the Pecors Channel. Uranium and rare-earth oxide mineralization similar to the contiguous Radio Fuels Eco Ridge Project. "The Pecors West property is a dynamic piece of ground with significant potential for Ni-Cu-PGM mineralization a...

EnviroGold Global Ltd. , a technology company enabling the global mining industry to monetize valuable metals contained in mine waste and tailings, reduce environmental and mine closure liabilities, and improve social and environmental outcomes, is pleased to announce that it has entered into an agreement to purchase an integrated metal processing plant developed at the Commonwealth Scientific and Industrial Research Organisation's Australian Minerals Research Centre in Perth, Western Australia. The plant includes: multiple cascading mixed acid leach tanks, a Counter Current Decantation system, Residue Neutralisation and Filtration, Acid Recovery, and Iron Hydrolysis to enable Production of Magnetite Co-Product. The CCD system is used to separate post leach slurry from the fu...

Volcanic Gold Mines Inc. and joint venture partner Radius Gold Inc. report on the conclusion of the first pass drilling campaign at the Motagua Norte Project, Guatemala. As previously reported , the initial drillholes did not locate the source of the broad area of bonanza grade gold bearing quartz boulder float discovered by Company geologists and named the Mila target. The gold-bearing quartz float at Mila covers a thin serpentinite package and underlying schistose metasedimentary rocks which have been cut by a series of east-west trending structures hosting significant vein zones. The principal structures, such as the Veta Madre Fault and the Veta Padre structure, are located to the south and uphill from the field of gold-bearing boulders. A strong zone of stockwork veining...

May 23, 2024, Vancouver, B.C. - TheNewswire: VR Resources Ltd. , the "Company", or "VR", has completed the first hole to target depth on its maiden drill program on its New Boston polymetallic copper-moly-silver porphyry project in Nevada. The drill is now turning on Hole 002. The Company does not expect to receive complete assays for the program until next month, if not July. Short of that, summary information and geologic observations are provided here for context, including a few drill core photos from Hole 001, and the top of Hole 002. Figure 1 shows the target for this initial drill program at New Boston, the East Zone conductor as delineated by the state-of-the-art, 3D-array DCIP geophysical survey completed in 2023. Hole 001 reached target depth and was terminated at 6...

Radius Gold Inc. and joint venture partner, Volcanic Gold Mines Inc. report on the conclusion of the first pass drilling campaign at the Motagua Norte Project, Guatemala. As previously reported , the initial drillholes did not locate the source of the broad area of bonanza grade gold bearing quartz boulder float discovered by Volcanic geologists and named the Mila target. The gold-bearing quartz float at Mila covers a thin serpentinite package and underlying schistose metasedimentary rocks which have been cut by a series of east-west trending structures hosting significant vein zones. The principal structures, such as the Veta Madre Fault and the Veta Padre structure, are located to the south and uphill from the field of gold-bearing boulders. A strong zone of s...

Kirkland Lake Discoveries is pleased to announce the results from the thirteen drill holes totaling 3,376m that were completed to follow up on surface showings, mapping, prospecting and ground IP at the Hurricane Intrusive Zone. This fault-bounded zone is located on the KLD East Side of the Company's Kirkland Lake project in Kirkland Lake, Ontario. The Company successfully intercepted wide zones of alteration, quartz veining +/- sulphide mineralization. This drill program was a progressive step toward understanding and unlocking the geological potential of the area. Figure 1: Property map showing location of the Hurricane Intrusive Zone at the centre of the KL East Side To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5701/210196_cc6969370492...

Signature Resources Ltd. is pleased to announce that the Company has received its exploration permit, number PR-21-000218, for the Lingman Lake project. The permit covers 197 claims surrounding the patented claims. The permit is in effect for three years, allowing the Company to complete its 2024 planned drilling campaign as well as expanded drilling operations in the coming years once the Company has reviewed the results of the 2024 programs. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8296/210195_486d911ca4f50b2f_001full.jpg The team is currently completing its 2024 field program that was focused on: 1) mapping historical activity at the site, 2) structural mapping and 3) locating proposed drill locations and reviewing an...

Infinico Metals Corp. announces that, further to its news release of May 2, 2024 , it has amended the offering price of the charity flow-through units to $0.138 per CFT Unit as a result of current market conditions. There are no changes to any other term of the offering . For more information regarding the full terms of the Offering, see the Initial News Release. The Offering, including the amendment to the offering price of the CFT Units, is subject to regulatory approval, including the approval of the TSX Venture Exchange, and all securities issued and issuable pursuant to the Offering will have a hold period of four months and one day. Closing of the Offering is anticipated to occur on or about June 14, 2024. About Infinico Metals Corp. Infinico Metals Corp. ...

West Red Lake Gold Mines Ltd. is pleased to announce the appointment of Gwen Preston to the position of Vice President Investor Relations. Gwen Preston brings over 16 years of experience in the resource sector as a highly regarded and accomplished newsletter writer and speaker. Ms. Preston started her career writing for The Northern Miner, where she covered exploration and mining stories around the globe. From 2014 to 2024 Gwen ran her own new newsletter business, reviewing and recommending hundreds of projects and mining companies as investment opportunities to her subscribers. Ms. Preston is a graduate of McGill University and The University of British Columbia . Shane Williams, President & Chief Executive Officer, commented, "On behalf of the entire West Red Lake Gold team...

Aya Gold & Silver Inc. is pleased to announce the release and filing of its Management Information Circular for the year ended December 31, 2023 with the relevant securities regulators. The report can be consulted on the SEDAR+ website and on the ESG Analyst page of the Corporation's website. The Circular The 2024 Annual General Meeting of Aya Gold & Silver Inc. will convene on June 21, 2024, at 10:00 AM EDT, at the Corporation's head office in Mont Royal, Quebec. Shareholders are invited to vote on several key matters, including the election of director nominees, executive compensation, and governance practices. New Board Nominee, Ms. Guedira In connection with the AGM, the Corporation is pleased to announce that its Board of Directors has nominated Ms. Ghislan...

ISS concludes that Muddy Waters "has not articulated any credible path forward" Mayfair Board regrets Muddy Waters' unwillingness to engage constructively MATHESON, Ontario, May 23, 2024 -- Mayfair Gold Corp. today announced that leading independent proxy advisory firm ISS has issued a report recommending that Mayfair shareholders vote the WHITE Proxy or voting instruction form FOR the management slate and all management resolutions at the upcoming Annual General and Special Meeting of Shareholders to be held on June 5, 2024 . In particular, the ISS report recommends that shareholders vote FOR each of Mayfair's highly qualified director nominees: Harry Pokrandt, Patrick Evans, Christopher Reynolds and Douglas Cater . ISS further recommends that shareholders vote AGAINST all p...