Globex Mining Enterprises Inc. is pleased to inform shareholders that Emperor Metals Inc. has mobilized a drill rig to commence its 2024 exploration program on the Duquesne West Gold Property under option from Globex. The drill program will total 8,000 metres. The Duquesne West Gold property straddles the gold localizing Porcupine-Destor Break in Duparquet Township, Quebec and is located approximately 10 km east of the town of Duparquet. A historical resource of 727,000 ounces of gold at a grade of 5.42 g/t Au was calculated by Watts, Griffis and McOuat Consulting Geologists and Engineers, October 20, 2011 in a report titled "Technical Report and Mineral Resource Estimate Update for the Duquesne-Ottoman property, Quebec, Canada for XMet Inc." Emperor has taken a binary approac...

VANCOUVER, BC, May 21, 2024 /CNW/ - The following issues have been halted by CIRO Company: Homerun Resources Inc. TSX-Venture Symbol: HMR All Issues: Yes Reason: Pending News Halt Time : 9:18 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 pro...

May 21, 2024. Lexston Mining Corp. Lexston Life Sciences Corp. is pleased to announce that after successfully completing the application process, the Company has received approval from OTC Markets Group Inc. for its common shares to begin trading on the OTCQB Market on May 17, 2024 under the symbol "LEXTF". The Company's common shares will remain listed on the CSE in Canada under the ticker symbol "LEXT". OTC Markets Group Inc., located in New York, N.Y., operates the world's largest electronic inter-dealer quotation system for broker dealers to trade over 12,000 securities. The OTCQB is a transparent trading platform that offers a cost-effective method for United States investors to access Lexston's securities. Lexston's quotation and trading on the OTCQB provides investors ...

Luca Mining Corp. is pleased to announce that a new high grade gold mineralization over significant widths has been confirmed at the Tahuehueto Gold Mine in Durango, Mexico. The mineralization occurs in shoots branching off the main Creston vein at Underground Level 23. Creston is one is one of two main structures currently being mined. New geological mapping and channel sampling at this level confirmed the presence of breccia ore shoots up to 20m wide with some internally assayed channel samples returning greater than 20 g/t Au. Ramon Perez, Interim CEO, commented: "Our geology team at Tahuehueto are doing excellent work. They are progressively adding to our understanding of the mineralisation and confirming the enormous upside potential of the mine. These wide and higher-gra...

HIGHLIGHTS Austral Gold and New Dimension Guernsey Limited agree to sell their pro-rata interests in the Sierra Blanca Project to ASX listed company Unico Silver . Consideration for 100% of the Project is to consist of 5,000,000 shares of Unico, and reimbursement of certain administrative fees until closing, which amount is limited to A$20,000. Austral Gold's existing interest in Unico is expected to increase from 11.62% 12.33%. Established gold producer Austral Gold Ltd.'s is pleased to announce that its subsidiary Austral Gold Argentina S.A. and New Dimension Guernsey Limited, an affiliate of TSXV listed Capella Minerals Ltd., have entered into a share purchase agreement to sell 100% of their pro-rata share of Sierra Blanca S.A. to ASX listed Unico Silver Limi...

May 22, 2024 - Sydney, Australia Highlights Patriot is capitalizing on the current advantageous flow through financing conditions by executing a private placement at $14.54 per share for C$75m at a 51% premium to the Company's last traded price on the TSX as of May 17, 2024. The Company is acting decisively due to recent measures announced in the 2024 Canadian Federal budget, which are to take effect on June 25 2024, and are expected to reduce future Flow-Through premiums to exploration companies. The Placement received strong demand from existing and new institutional, professional and sophisticated investors. Existing substantial investors also maintained their pro-rata in the placement, which included committing to a four month hold on its new securities. Placement results in issuance o...

International Lithium Corp. is pleased to announce that it has completed the purchase of a 90% interest in a highly prospective grass roots copper and cobalt property in Northwestern Ontario . The Firesteel project , previously referred to as the Honeyjack project, is located less than 10 km directly west of Upsala along Highway 17 and stretches for 16 km to the Firesteel River . Under the terms of the Agreement, the Company will acquire an undivided 90% right, title, and interest in Firesteel by: Paying on the Effective Date CAD $55,000 to the Vendor ; Within 15 calendar days paying CAD $110,000 to the Vendor ; and Granting the right to receive the following milestone payments: if ILC establishes a Resource Calculation equal to or exceeding 10,000,000 metric tonnes at 1% Cop...

Global Stocks News - On May 16, 2024 GoldON Resources announced that it is planning the next phase of drilling on Block A, part of it 100%-owned West Madsen gold property in Ontario, Canada. Located in the heart of the Red Lake Gold District, GoldON's 5,988-hectare property covers two distinct claim blocks, Block A and Block B . The blocks are separated by less than 100 metres. The total footprint of both blocks is 15 X bigger than Stanley Park in Vancouver. Click Image To View Full Size "We optioned The West Madsen Gold Project in May 2019 from Great Bear Resources," GoldON CEO Michael Romanik told Guy Bennett, the CEO of Global Stocks News . "The property ticks all the boxes for a gold exploration project," stated Romanik in the May 2019 press release. "It's in the heart of...

Japan Gold Corp. is pleased to announce the Board appointment of Dr. Keiko Hattori, a Distinguished University Professor Emeritus of the University of Ottawa, who brings extensive industry knowledge of gold deposits and exploration, and understands the value of the Company's mining activities in Japan. As a professor of geochemistry and economic geology, Dr. Hattori has built an impressive reputation as an expert in geoscience with numerous accomplishments and is recognized as the first woman to receive a BSc degree in Geology from the University of Tokyo, where she also completed a Master of Science in epithermal gold deposits in Japan and a PhD in mineral deposits in Japan. She is an elected Fellow of the Royal Society of Canada, where she is Director of the Earth, Oceans a...

North Bay Resources Inc. is pleased to announce it has entered a 50/50 joint venture earn in agreement with MGX Minerals, Inc. , regarding the Fran Gold Project , British Columbia. The Property is 34,360 acres and is located 20 miles from Centerra Gold's 60,000 tonne per day Mt. Milligan Copper, Gold Mine . To date there has been in excess of 50,000 feet of diamond drilling in 104 holes at Fran, primarily at the Bullion Alley Zone. A gold deposit, 3700 feet in length, with width of up to 120 feet, and depth of over 700 feet has been delineated. The deposit contains 3 to 4 well defined parallel gold veins grading up to 2.6 troy ounces of gold per ton as well as wide sections of low and mid-grade gold in veins and disseminated in veinlets throughout the deposit. Surface trenchi...

The Company is preparing an initial mineral resource estimate at the El Dorado Monserrat project, targeted for release in Q3 of this year. The mineral resource estimate will be based on three drilling campaigns carried out over the past three years, representing a total of 10,982.7 meters of diamond drilling, plus historical drillings of the project. TORONTO, May 21, 2024 -- Fredonia Mining Inc. announces that it has commissioned the preparation of an initial mineral resource estimate at the EDM project, targeted for Q3, 2024. The work is being undertaken by the independent geologist Mario Alfaro and the independent engineer Marco Alfaro. The wholly-owned EDM gold and silver project comprises 5,793ha located in the prolific Deseado Massif in Patagonia, Argentina. The EDM proj...

VANCOUVER, BC , May 21, 2024 /CNW/ - Capella Minerals Ltd. and JV partner Austral Gold Ltd are pleased to announce entering in to a Share Purchase Agreement with Unico Silver Ltd through which Unico will acquire a 100% interest in Sierra Blanca S.A., the Argentine subsidiary whose sole asset is the Sierra Blanca gold-silver project in Santa Cruz Province. Capella and Austral currently own 45.31% and 54.69% interests, respectively, in Sierra Blanca S.A. Under the terms of the SPA, Sierra Blanca S.A. will be acquired by Unico for a consideration of 5,000,000 ordinary USL shares. Eric Roth, Capella's President and CEO, commented: "We are pleased to be announcing today the sale of our Sierra Blanca epithermal gold-silver project in Argentina to Unico Silver. Unico have establishe...

Flow Metals Corp. announces the initiation of a minimum 8km induced polarization survey at its 100% owned New Brenda copper- silver - molybdenum project located in south-central British Columbia within the Quesnel Terrane. Highlights include: Planned Induced Polarization survey over the XP target 2 IP lines totaling a minimum of 8 Kilometres First test for the 1100m X 1800m Cu-Ag-Mo anomaly at depth Figure 1: Planned IP survey lines over Magnetic and geochemical anomalies To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7235/209824_c1a9f292f4a1781a_001full.jpg Scott Sheldon, CEO of Flow Metals, commented: "The upcoming program aims to test the coincident geophysical and geochemical anomalies at XP. The IP survey will give the co...