Fortune Minerals Ltd. is pleased to announce that it has entered into a convertible securities agreement with Lind Global Fund II, LP, managed by The Lind Partners for up to C$10,000,000. Fortune has received an initial C$1.25 million in exchange for the issuance of a first convertible security, and subject to the agreement of both parties, additional drawdowns can be made. Most of the proceeds from the first drawdown were used to make a C$1 million downpayment to JFSL Field Services ULC to extend the purchase option for the brownfield industrial site and buildings in Lamont County, Alberta on amended terms. Fortune plans to construct a hydrometallurgical refinery on this site to treat metal concentrates from the proposed NICO cobalt-gold-bismuth-copper mine and concentrator i...

ESGold Corp. is pleased to announce the closing of a non-brokered private placement of 2,154,000 common shares of ESGold Corp. at an issuance price of C$0.125 per common share of ESGold Corp. for aggregate gross proceeds of $269,250. The Company will use the proceeds from the offering for general corporate purposes. All securities issued in connection with the Offering are subjected to a restricted hold period of four months and a day from the date of closing of the Offering, under applicable securities legislation. Pour une traduction française de ce communiqué de presse, veuillez visiter notre site Web à www.esgold.ca. About the Company ESGold Corp. is a Canadian environmentally aware resource exploration and pr...

European Energy Metals is pleased to announce that it has filed its independent technical report for the Company's Central Finland Lithium Project . The report titled "Technical Report on the Central Finland Lithium Project, Central Ostrobothnia, Finland" is dated May 2, 2024 . The Technical Report can be found on the Company's website or under the Company's issuer profile on SEDAR+ . The Technical Report summarizes historical and recent mineral exploration work completed on the Project by previous operators and EEM and includes recommendations for further mineral exploration and evaluation programs on the Project. The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects by David Murray, P.Geo., President and Principal C...

Laramide Resources Ltd. is pleased to announce that it has mailed its notice of annual meeting of shareholders, management information circular and related meeting materials in respect of its upcoming annual meeting of shareholders of the Company , to be held on June 26, 2024 at 11 a.m. Eastern Time. Laramide's current, long-tenured director D. Scott Patterson has informed the Laramide Board of Directors of his intention to retire from the Board as of the Meeting and he will therefore not stand for re-election. John Mays, a licensed chemical engineer with 30 years of experience with in-situ recovery and the uranium industry, is nominated as a new member to the Laramide Board of Directors , to be elected at the Meeting. The Company's proposed new Board member adds a valuable te...

Getchell Gold Corp. is pleased to announce the appointment of Michael Hobart to its board of directors, effective immediately. Mr. Hobart is a seasoned legal professional with a strong background in securities, corporate finance, and mergers and acquisitions within the mining industry. He brings extensive experience advising Canadian and international clients on public equity and debt offerings, mining asset transactions, joint ventures, and mining agreements. "We are delighted to welcome Michael Hobart to Getchell's board of directors." said Mr. Bob Bass, Chairman of Getchell Gold Corp. "His expertise in securities law, corporate finance, and deep understanding of the mining sector will be invaluable as we advance our gold exploration projects in Nevada." Mr. H...

Power Metals Corp. is pleased to report high-grade cesium and lithium results from the first round of exploration drillhole assays received from the winter 2024 drill program at its 100% owned Case Lake property in northeastern Ontario. Exploration drilling outside of known target areas has intersected shallow high-grade cesium mineralization up to 18.13% hosted in pollucite, and spodumene mineralization in the first five drill holes of thirty-two completed drill holes at West Joe. In addition, drilling at the Main Zone intercepted very encouraging spodumene widths and grades in stacked pegmatite systems with the following highlights: HIGHLIGHTS WEST JOE: PWM-24-177: 6.4 m at 1.43% Li2O, 5.95% Cs₂O and 311 ppm Ta from 21.9 m Including 3.7m @ 1.50 % Li2O, 10.40% Cs₂...

via IBN -- Emperor Metals Inc. announces the successful mobilization of a drill rig to commence its 2024 exploration program at the Duquesne West Gold Project in Quebec. The 2024 8,000 m drill program is set to commence by mid-May to follow up on the results of Emperor's initial 2023 drill campaign. CEO John Florek said: "We are resuming drilling at the Duquesne West Gold Project and continuing our successful 2024. 2023 was a transformative year for the company with the revelation of a significant open pit concept above a high-grade gold deposit. This gives Emperor the ability to add ounces more rapidly on this project due to the capability of adding potentially open pitable mineralization above the high-grade historical resource. Emperor is well funded with approximately $4 ...

Visionary Metals Corp. is pleased to announce that it is amending the terms of its previously announced non-brokered private placement from CAD $1.5 million to CAD $3 million. Under the revised Offering, the Company will sell up to a total of 60,000,000 units of the Company at a price of CAD $0.05 per Unit, reduced from the previous price of CAD $0.07 per Unit, for total gross proceeds of up to CAD $3,000,000. The Offering has been structured to take advantage of the listed issuer financing exemption under National Instrument 45-106 - Prospectus Exemptions whereby securities of the Company issued pursuant to the LIFE Exemption will be freely tradeable equity securities not subject to any hold period . Each Unit will be comprised of one common share of the Company and one half ...

Aftermath Silver Ltd. is pleased to announce that its wholly owned Peruvian subsidiary, Aftermath Silver Peru S.A.C, has obtained drilling approval via the amendment of its Semi-Detailed Environmental Impact Assessment , for the further development of the Berenguela Project in Puno, Peru. This amendment was granted on 29th April 2024 by a Directorial Resolution of the Mining Environmental Authority of the Peruvian Ministry of Energy and Mines and grants a 30-month period for drilling activities from the date that the company informs the General Mining Authority of the Peruvian Ministry of Energy and Mines of the commencement of works. The MEIAsd includes 140 drillpads consisting of 115 drillpads for diamond drilling , and 25 drillpads for reverse circulation drilling . Access...

TORONTO, May 22, 2024 /CNW/ - Trading resumes in: Company: IAMGold Corp. TSX Symbol: IMG All Issues: Yes Resumption : 8:00 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 is contained in t...

Ecora Resources PLC announces that on 22 May 2024, it purchased 300,000 ordinary shares of 2p each in the Company on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 . The shares acquired will be held in treasury. Date of purchase: 22 May 2024 Aggregate number of ordinary shares purchased: 300,000 Lowest price paid per share : 86.40 Highest price paid per share : 87.50 Volume weighted average price paid per share : 87.32 Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 12,475,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 249,256,897. The above figure of 249,256,89...

GSP Resource Corp. provides an update related to ongoing advancement of the Alwin Mine Copper-Silver-Gold Project . New modelling has, for the first-time, enabled 3D visualization of the shear vein system that hosts high-grade copper at Alwin and represents a significant leap in the Company's ability to drive expansion and discover new zones of high-grade copper mineralization. The APEX Geoscience Ltd. resource modelling team has made significant progress in the geologic model development for the Alwin Project. To date, APEX has georeferenced in 3D space a total of 70 historic underground level plans and cross sections, digitally captured this data comprising detailed underground mapping completed during mining operations between 1968 and 1979. The modelling program has yield...

Allegiant Gold Ltd. is pleased to announce drilling results at the Castle Project within the Eastside District in Nevada. Highlights from the drilling program include: High-grade gold values up to 5.04 g/t Au from drill hole ES-315 and 204.0 g/t Ag in drill hole ES-312 Broad zones of low-grade gold silver mineralization in the Boss and Castle deposits including 24 meters at 0.51 g/t Au and 1.33 g/t Ag as well as 29.6 meters of 0.39 g/t Au and 2.85 g/t Ag from drill hole ES-315 Quartz veins occur within intensely altered and oxidized host volcanic rocks Boss mine dumps containing gold and silver values up to 0.44 g/t Au 10.4 g/t Ag Peter Gianulis, CEO of Allegiant Gold, commented: "We are pleased with the results obtained from the recent diamond core drilling program at The Ca...