Pedro Resources Ltd. is pleased to confirm, further to its press release dated March 28, 2024, that it has closed a first tranche of its non-brokered private placement of common shares through the issuance of 5,780,000 common shares in the capital of the Company at a price of $0.05 per Common Share. In connection with the Offering 250,000 Common Shares were issued as of December 15, 2023, and 5,530,000 Common Shares are being issued as of May 22, 2024. Proceeds from the Offering will be used by the Company for working capital and for other general and administrative purposes in connection with the Company's proposed change of business. All securities issued pursuant to the Offering will be subject to a four-month hold period from the date of issue. There were no finder fees o...

Not for distribution to United States newswire services or for dissemination in the United States. Silver Wolf Exploration Ltd. is pleased to announce a non-brokered private placement of up to 6,666,667 units of the Company at a purchase price of C$0.15 per Unit for aggregate gross proceeds of up to C$1,000,000, subject to a minimum of 4,000,000 Units for gross proceeds of not less than C$600,000. Subject to the acceptance of the Offering by the TSX Venture Exchange , the Company will carry out the Offering utilizing the Listed Issuer Financing Exemption, and the shares to be issued as part of the Units will be free-trading except in certain cases. The Company reserves the right to increase the size of the Offering, subject to the approval of the TSX-V. Each Unit will be comp...

Intrepid Metals Corp. CEO Ken Brophy joined Steve Darling from Proactive to share significant updates regarding the latest diamond drill holes from the company's Corral Copper Property in Arizona. All five drill holes were focused on the Ringo Zone, situated along the southern margin of a 3-kilometer-long trend of near-surface carbonate replacement and supergene enrichment oxide copper-gold-silver-zinc mineralization. Brophy highlighted the remarkable results, emphasizing the project's potential. The drilling at Ringo has revealed impressive shallow copper grades and mineralized intercepts, showcasing the project's significant gold endowment. Notable intercepts include 21.3 gpt Au over 1.1m in hole CC24_15 and 15.84 gpt Au over 4.71m in hole CC24_14. The Ringo Zone spans appr...

Core Nickel CEO Misty Urbatsch joined Steve Darling from Proactive to share exciting news about the company's latest achievements. Core Nickel has successfully completed its 2024 winter drill program at the Halfway Lake project, located in the Thompson Nickel Belt, Manitoba. This expansive project consists of 19 mineral claims licenses, covering a total area of 4,154 hectares.
Urbatsch provided detailed insights into the drilling program, highlighting the significant progress made. The company drilled a total of 797.45 meters across three diamond drill holes during this inaugural drill campaign. Impressively, visual sulfide mineralization was intersected in all three drill holes, marking a successful start to the project.
Among the highlights, drill holes HFW-00...

C3 Metals CEO Dan Symons joined Steve Darling from Proactive to share exciting news regarding the company's exploration efforts at the Connors porphyry prospect within the Bellas Gate project.
The latest drilling results revealed an impressive intersection of 79.0 meters at 0.71% copper and 0.49 g/t gold from 128 meters depth, including a higher-grade zone of 46.0 meters at 0.95% copper and 0.69 g/t gold. These results, combined with recent intercepts from Provost and Camel Hill, underscore the potential for significant copper-gold mineralization within the porphyry systems at Bellas Gate. With numerous targets yet to be explored, the company remains committed to systematic exploration aimed at defining economically viable mineralization.
In addition to the promising results ...

Avino Silver & Gold Mines Ltd. would like to remind shareholders of Avino of the Company's upcoming Annual General Meeting of Shareholders , to be held on Thursday, May 30, 2024, at 10:00 AM PT. Shareholders are advised to vote their shares well in advance of the proxy voting deadline on Tuesday, May 28, 2024, at 10:00 Shareholders are encouraged to read the materials relating to the Meeting, available on the Company's website at this link: Avino 2024 AGM or on SEDAR+. In the interest of time, shareholders may vote online or by telephone in accordance with the voting instructions found on their Form of Proxy or their Voting Instruction Form. Shareholder Questions or Voting Assistance Shareholders who have questions or need assistance with voting are encouraged to contact the Co...

Nevada Lithium Resources Inc. is pleased to announce the discovery of high-grade boron mineralization at its 100% owned Bonnie Claire lithium project , located in Nye County, Nevada. The Company is also pleased to announce it has initiated work to examine any potential effects on metallurgy for the Project. Nevada Lithium's CEO, Stephen Rentschler, commented: "Metallurgical work on the recently discovered high-grade lithium mineralization in the lower mineralized zone has identified the presence of high-grade boron. Boron is a valuable industrial mineral with extensive and diverse uses including computer screens, fertilizers, powerful magnets for wind turbines, ceramics, insulation and more. The high levels of boron appear to be associated with high levels of lithium at Bonni...

Green Bridge Metals Corp. is excited to announce the appointment of Michael Henrickson as Technical Advisor to the Board, effective immediately. Mr. Henrichsen, with his expertise in structural geology and a distinguished career at Newmont Corporation, brings strategic insights that will significantly enhance the leadership capacity of Green Bridge. Throughout his career, Mr. Henrichsen has distinguished himself in various leadership roles. Newmont Corp 2008 - 2011: Mr. Henrichsen managed the technical program in Ghana, West Africa, where he oversaw projects involving a team of geoscientists. His oversight was critical in achieving multiple discoveries within the Ahafo district, contributing significantly to both the discovery of new gold deposits and the expansion of existin...

HIGHLIGHTS Sigma Lithium announces the loading of its ninth shipment, totaling 22,000 tonnes of its high purity Quintuple Zero Green lump lithium concentrate , at the Port of Vitoria. The shipment was sold to LX International, formerly known as LG International. Sigma Lithium achieved a premium price calculated using a fixed-floating formula of 9% of lithium hydroxide quoted at LME. The price formula is final and non-provisional. Premium prices were achieved through a negotiated, "auction-price discovery" process. The auction process maximizes transparency, leads to a more equitable and fair distribution of risk-reward across the supply chain, and ultimately increases value creation for the Company, an integrated industrial miner-processor of lithium concentrate. In this fixed-floating for...

Hudbay Minerals Inc. announced that the Company has agreed with the syndicate of underwriters led by RBC Capital Markets and BMO Capital Markets to increase the size of its previously announced equity offering. The Underwriters have agreed to purchase, on a bought deal basis from the Company, a total of 36,840,000 common shares of Hudbay at a price of US$9.50 per Common Share for aggregate gross proceeds of US$349,980,000 . Hudbay has also granted the Underwriters an over-allotment option to purchase, on the same terms and conditions of the Offering, up to an additional 15% of the Common Shares issued in connection with the Offering. The Over-Allotment Option is exercisable, in whole or in part, by the Underwriters at any time until and including 30 days after closing of the O...

VANCOUVER, BC, May 22, 2024 /CNW/ - Trading resumes in: Company: P2 Gold Inc. TSX-Venture Symbol: PGLD All Issues: Yes Resumption : 10:00 AM 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 specific halt beyond what...

Indicated Resources of 42,600 t at 0.92% Ni - 63% increase in Indicated tonnes and 8% increase in nickel pounds. Inferred Resources of 500 t at 0.32% Ni - 100% increase in Inferred tonnes and 100% increase in nickel pounds. 99.6% of the nickel pounds and 99% of the tonnes in Alexo North Deposit Mineral Resource Estimate are in the Indicated category with drilling planned to update to Measured. With only 1% of the Alexo North Deposit tonnes in the Inferred category there is excellent exploration upside to expand and upgrade resources through additional drilling. Alexo North Deposit, one of the 4 deposits on the Alexo-Dundonald Property, is open along strike, with the new geological model and interpretation providing ample targets for next-stage drilling. Updated Mineral Resource Estimate wo...

Phenom Resources Corp. is pleased to announce that it has entered into an option agreement to acquire up to a 100% interest in the King Solomon Gold Project consisting of 178 claims covering approximately 1,140 hectares in central Nevada. The Project lies 32 kilometres south for the Company's Dobbin Gold Project. Like Dobbin, the King Solomon Project covers a regional-scale Carlin-type gold system. The King Solomon Project is also 45 km east of Kinross Gold's Round Mountain gold deposit, , and 45 km southeast of the sediment-hosted Northumberland Carlin-type gold deposit. Dave Mathewson, Company Director, Geological Consultant and accomplished gold finder states, "Phenom is only going after gold projects in Nevada that have regional scale targets. I have had my attention on t...