American Lithium Minerals is pleased to announce that it has received encouraging assay results from initial sampling at its Buckley Flat Graphite property. Rising Demand for Graphite According to a recent report, Graphite is deemed a critical material by the US, and about a century ago it was mined abundantly in the country, mostly in Alabama. However, there has been no Graphite mining in the United States since 1990, when United Minerals suspended operations at its graphite mine in Montana. As a result, the US now imports all of its graphite, mostly from China, with additional imports from Mexico, Canada and India. Graphite is used in batteries, brake linings, lubricants, powdered metals, refractory applications and steelmaking. Demand for graphite is rising because it is used in lithium...

Falco Resources provides a positive assessment of the public information meeting of the Bureau d'audiences publiques sur l'environnement held on May 21st at the Petit Théâtre du Vieux-Noranda. More than 200 people came for information and to ask questions about Falco's Horne 5 Project not counting webcast participants, which demonstrates the population's high level of interest in the Project for all the surrounding communities. This public information session allowed the population and various organizations to obtain details on the Project and answers on subjects of concern to them. Falco's team has been engaged and listening to citizens since day one. To that effect, Falco has heard each of the concerns raised during the public information session and again invites the ...

Europacific Metals Inc. announces its initial assay results from the first drill hole, and the completion of the fifth drill hole of the 2024 exploration program at the Miguel Vacas mine area located approximately 180 km east by road from Lisbon and approximately 70 km east from Évora, the Alentejo region capital. Chief Executive Officer, Karim Rayani stated: "We are very pleased with these initial results from the Miguel Vacas Copper Project. The first intercept not only confirms and validates the high-grade nature of the deposit but the continuity of the zone. We have also opened the potential for a new extension to the North, which is very exciting. We look forward to receiving the next sampling results from the other holes which have already confirmed the presence of mine...

Highlights: The updated mineral resource estimate considers 28,783 meters of diamond drilling to increase the Indicated Resource tonnage by 164%: Indicated Resource: 73.2 Mt at 1.89% TREO?and 6.6% CaF2, and Inferred Resource: 131.1 Mt at 1.91% TREO and 4.0% CaF2. Contains a high percentage of the magnet feed rare earth elements neodymium & praseodymium , exceeding that of several active global producers: / TREO of 21.2% and 21.4% The geological model interprets a single, continuous, mineralized carbonatite body outcropping at surface, with a footprint approximately 700 m along strike, over 300 m across, and 600 m deep as defined by the current resource estimate and remains open at depth. The MRE incorporates three monazite-mineralized zones ). Other rare earth element-bearing lithologies s...

Goldgroup Mining Inc. is saddened to report a fatality at its Cerro Prieto mine in Sonora, Mexico. In an isolated incident, a mining contractor's employee was fatally injured while working in the Esperanza pit when recently blasted rock dislodged striking the worker during inspection of the blasted aera. "It is with deep sadness that we report the tragic loss of a contractor colleague. Our thoughts are with the family, friends and our Cerro Prieto contractor team at this difficult time. The safety of our employees and contractors remains our top priority." said Ralph Shearing, CEO of Goldgroup. Relevant regulatory authorities have been notified and are attending the site to investigate. The Company will cooperate fully throughout the investigation. Operations at Cerro Prieto...

Imperial Metals Corp. reports diamond drill results from three more holes of the Mount Polley 2024 exploration program, including a notable interval of 257.5 metres grading 0.71% copper and 0.39 g/t gold from 35.0 metres in diamond drill hole SD-24-180. This phase of drilling is ongoing and is following up on the significant results obtained in the 2023 drill programs. Hole SD-24-180 was a vertical hole located 33 metres northwest from previously released hole SD-24-179 which intersected 270 metres grading 0.65% copper and 0.48 g/t gold from 22.5 metres on section 3230N. Holes SD-24-180 and SD-24-179 were planned to target gaps in the southwest edge of the Springer Pit at both shallow and deep levels. The first 135.5 metres of this intercept are within the current ultimate pi...

Impact Silver Corp. is pleased to announce that it has closed the first tranche of the non-brokered private placement financing originally announced of up to C$6,200,000 on April 30th, 2024 and subsequently increased up to C$8,200,000 on May 13th, 2024 . The Offering is being completed pursuant to the listed issuer financing exemption of National Instrument 45-106 Prospectus Exemptions and other private placement exemptions under NI 45-106. Under the first tranche the Company has received gross proceeds of C$2,936,587 from the issuance of 10,487,812 LIFE units at C$0.28 per LIFE Unit and gross proceeds of C$4,192,071 from the issuance of 15,526,190 units at C$0.27 per Standard Unit for aggregate gross proceeds of C$7,128,659. The second tranche of the Offering is anticipated t...

Hudbay Minerals Inc. today announced that each of the ten individuals nominated for election as a director of Hudbay at the company's Annual and Special Meeting of Shareholders held on May 21, 2024 was elected. The detailed voting results are set out below: Director Number of Votes FOR Number of Votes AGAINST Percentage of Votes FOR Carol T. Banducci 219,507,809 582,032 99.74% Igor A. Gonzales 218,410,247 1,679,594 99.24% Jeane L. Hull 218,904,619 1,185,221 99.46% Carin S. Knickel 218,517,155 1,572,687 99.29% Peter Kukielski 219,646,933 442,909 99.80% George E. Lafond 219,406,938 682,904 99.69% Stephen A. Lang 217,351,045 2,738,797 98.76% Colin Osborne 219,713,395 376,447 99.83% Paula C. Rogers 206,505,234 13,584,608 93.83% David S. Smith 218,659,110 1,430,731 99.35% About Hud...

Almonty Industries Inc. is pleased to announce that in conjunction with its March 2024 Placement, the Company has closed a fourth tranche through the sale of the previously-announced firm commitment of 3,000,000 Placement Chess Depository Interests Units at A$0.62 per unit and is scheduled to close on an additional 1,090,909 common share units at Cdn$0.55 per unit on May 23, 2024. In addition, the Company has received firm commitments to raise further gross proceeds of A$1,194,500.06 pursuant to the issuance of 1,926,613 CDIs at A$0.62 per CDI Unit. This represents the final tranche of the March 2024 placement which is now closed. Settlement of this final tranche is expected to occur on or around Monday 27 May 2024 with allotment on or around Tuesday 28 May 2024. Each CDI par...

Report shines a spotlight on continued excellence in ESG performance and disclosure Torex Gold Resources Inc. today released its 2023 Responsible Gold Mining Report titled At the Heart of Who we Are, the Company's ninth annual disclosure of its Environmental, Social and Governance performance. The Report can be found on the Company's website at www.torexgold.com. Jody Kuzenko, President & CEO of Torex, stated: "One of the key strategic pillars of our Company is to build on ESG excellence and our 2023 Responsible Gold Mining Report demonstrates our progress in this regard. While the quantitative metrics showcase our positive performance, it is the many stories within the pages that demonstrate how our purpose statement truly comes to life: 'To transform finite mineral resource...

Quest Critical Metals Inc. announces that it will not be proceeding with the proposed best efforts private placement offering, or the proposed concurrent non-brokered private placement, which were previously announced on May 1, 2024. Quest Critical Metals Inc. James Newall, President and CEO T: 639-4472 Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210032...

Solaris Resources Inc. is pleased to announce that it has entered into an agreement with National Bank Financial Markets, RBC Capital Markets, and BMO Capital Markets as bookrunners, on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 7,150,000 common shares of the Company at a price of $4.90 per Common Share , for aggregate gross proceeds of approximately $35,035,000 million . The Company has also granted the Underwriters an option to purchase up to an additional 1,072,500 Common Shares, representing 15% of the size of the Offering , on the same terms and conditions, exercisable in whole or in part, up to 30 days after the closing of the Offering. If the Over-Allotment Option is exercised in full, the...

Omai Gold Mines is pleased to announce that a National Instrument 43-101 Technical Report dated May 21, 2024 has been filed on the SEDAR+ website in support of the Preliminary Economic Assessment announced April 4, 2024 for the Wenot Deposit on its Omai Gold Project. The Report was prepared under the supervision of Eugene Puritch, P.Eng., FEC, CET of P&E Mining Consultants Inc., who is independent of the Company and a Qualified Person in accordance with NI 43-101. Elaine Ellingham, President and CEO comments: "This Preliminary Economic Assessment has been a major milestone for our Company. It provides a baseline production scenario that shows the potential for robust economic development for Omai to once again become a large-scale gold pr...