Excelsior Mining Corp. is pleased to announce the appointment of Mr. Craig Hallworth as Chief Financial Officer effective September 3, 2024. Mr. Hallworth is currently the Chief Financial Officer, Arizona Business Unit at Hudbay Minerals where he has held various finance leadership roles over the past 13 years. Recently, he led the development and optimization of all financial aspects of the Copper World Project, a re-designed mega-project with over one billion tons of copper resources. Prior to joining Hudbay Mr. Hallworth was a manager with Ernst & Young LLP. Mr. Hallworth is a CPA accountant and CFA Charterholder and he obtained an Honors Bachelor of Commerce from Ryerson University. Stephen Twyerould, President & Chief Financial Officer of Excelsior commented: "I am very ...

Giyani Metals Corp. developer of the K.Hill battery-grade manganese project in Botswana is pleased to announce that it has completed the field work for the infill drilling programme at the Project. The information gathered from this programme is expected to provide the basis for an updated Mineral Resource Estimate to be included in the 2025 Definitive Feasibility Study . Highlights: Giyani has completed a 3,185m infill drilling programme at K.Hill. The aim of the programme was to define sufficient Measured Mineral Resource for the initial five years of mining operations covering the typical tenure of project finance debt facilities. This drill programme will supplement the 10,710m of previous drill results used in the 2023 MRE. The results of the infill drilling programme wi...

White Gold Corp. is pleased to announce that infill and extension soil sampling has refined and extended the newly discovered gold-in-soil anomaly on its QV property to 2.2 km along strike . The soil anomaly is located approximately 9 km northwest of the VG deposit and appears to be similar in character to the VG and Golden Saddle deposits which form part of the Company's flagship White Gold Project. The White Gold Project is located in west-central Yukon, Canada, and comprises 16 million tonnes averaging 2.23 g/t Au for 1,152,900 ounces of gold in the Indicated Resource category and 19 million tonnes averaging 1.54 g/t Au for 942,400 ounces of gold in the Inferred Resource category . These new results form part of the Company's 2024 exploration program on its extensive and u...

NorthWest Copper is pleased to report the 2024 drill program at the Lorraine-Top Cat project in north-central British Columbia has been successfully completed and crews will be de-mobilizing from the field once the diamond drill core is processed. Approximately 800+ metres of drilling was completed at the regional Nova and Road IP Targets . Three holes were drilled, one at Nova and two at Road IP . The drill holes are currently being logged and sampled. Approximately 470+ half-core diamond drill samples with QAQC samples inserted will be sent to Activation Laboratories in Kamloops. Assay results are expected in the coming weeks, and a full discussion of results and observations will be released when assays are received. The results of this program will be leveraged to assist ...

Sierra Metals Inc. announces the filing at the Lima Stock Exchange by its subsidiary, Sociedad Minera Corona S.A. of its unaudited Financial Statements and the Management's Discussion and Analysis for the second quarter of 2024 . The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at: SMV -- Superintendencia del Mercado de Valores -- Información Financiera To search for the Company's financial statements, enter the following parameters in the empty fields: Empresa: Sociedad Minera Corona S.A. Periodo: 2024 and Trimestre II Q2 2024 Conference Call and Webcast Sierra Metals will be releasing its Q2 2024 consolidated financial results post-market on Friday, August 9, 2024. Management will host a conference call and webcast...

Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that it has begun preparations to complete a biogeochemical survey at its Southern Arm property . The Company has entered into an option agreement to earn 100% of Southern Arm over 2 years from Abitibi Metals Corp. . Located in the prolific Abitibi Greenstone Belt, Southern Arm hosts a ~7.3 km conductive copper-gold trend along the regional-scale Bapst fault within the volcanic rocks of the Brouillan-Fenelon Group, which hosts the nearby Selbaie Mine , which produced 53 Mt at 0.96% Cu, 1.9% Zn, 0.58 g/t Au, 40.7 g/t Ag, and Abitibi's B26 Deposit which hosts an indicated resource of 6.97 at 2.94% Cu Eq . The Property is prospective for polymetallic VMS-style...

Quimbaya Gold Inc. is excited to announce the signing of a 5-year drilling contract with Independence Drilling S.A. of Colombia . The contract involves completing 100,000 meters of drilling across Quimbaya Gold's properties. As a significant strategic partnership, which took nearly ten months to finalize, it underscores Quimbaya Gold's commitment to advancing its exploration activities and creating value for its shareholders. Independence, a family-owned company, is highly reputable and the largest Colombian drilling company, with over 40 years of experience and a fleet of 47 rigs for oil & gas, mining, and water drilling. Independence has worked with major oil & gas and mining companies in Colombia, including Ecopetrol, South 32/Cerro Matoso, Glencore/Cerrejón, Zijin-Contine...

FPX Nickel Corp. is pleased to announce that it has engaged the services of ICP Securities Inc. to provide market making services , including use of its proprietary algorithm, ICP PremiumTM, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Pursuant to the market-making agreement entered into between the Company and ICP, in exchange for providing the Services, ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance, to be paid from funds the Company has allocated from its current working capital. The Agreement is for an initial term of four months and shall be automatically renewed for subsequent one month terms unless either party provides at least thirty days written notice prio...

Endeavour Silver Corp. announces its financial and operating results for the three and six months ended June 30, 2024. All dollar amounts are in US dollars . "During Q2 2024, the construction of the Terronera project continued to make excellent progress, with significant advance of the upper plant platform surface infrastructure. Staying on track for Q4 2024 commissioning reflects our team's planning, execution and dedication while ensuring financial stability and operational momentum. We are in our last big push before the finish line and remain focused on delivering value to our stakeholders," stated Dan Dickson, CEO of Endeavour Silver. Q2 2024 Highlights Production Tracking Towards Upper Range of Guidance: 1,312,573 ounces of silver and 10,549 oz of gold for 2.2 million oz...

Golden Minerals Company today provided a corporate update. As previously disclosed, the Company does not have sufficient resources to meet its expected cash needs over the next twelve months. As of June 30, 2024, the Company had cash and cash equivalents of approximately $1.4 million. On the same date, it had accounts payable and other current liabilities of approximately $4.8 million. Because the Company has ceased mining at the Velardeña mine, its only near-term opportunity to generate cash flow is from the sale of assets or from new sources of debt or equity capital. The Company is evaluating alternatives to obtain sufficient funds to continue as a going concern, including finalizing the sale of its Velardeña assets, seeking buyers or partners for the Company's other asset...

Group Eleven Resources Corp. is pleased to announce results from the two most recent step-out holes of the 2024 drill program at the Company's 100%-owned Ballywire zinc-lead-silver discovery , PG West Project , Republic of Ireland. Highlights 50m step-out up-dip from best intersection to date at Ballywire , intersected a robust zone of 25.6m of 5.4% Zn+Pb , 72 g/t Ag and 0.12% Cu, from 271.9m down-hole, including: 6.1m of 11.4% Zn+Pb and 85 g/t Ag and 12.1m of 5.3% Zn+Pb , 104 g/t Ag and 0.21% Cu, including 6.8m of 6.9% Zn+Pb , 174 g/t Ag and 0.37% Cu, including 3.1m of 11.2% , 353 g/t Ag and 0.78% Cu Above intercept represents one of the longest extensions along dip of high-grade mineralization at Ballywire to date Mineralization consists predominantly of massive and semi-ma...

Highlights: An initial resource estimate will be prepared for Gourbassi West North Assay results from recently completed drilling include 3.54 g/t Au over 10.15 metres at Barani East and 6.62 g/t Au over 12 metres at Gourbassi West*** Desert Gold Ventures Inc. is pleased to provide an update to its Preliminary Economic Assessment on its SMSZ Project in western Mali, West Africa. Assay results have been received from the 12 metallurgical drill holes. Three, approximately 220 kg composite metallurgical samples have been sent to a metallurgical lab in South Africa and a drone elevation and photo mosaic survey has been flown over the three potential mining areas. Desert Gold's CEO, Jared Scharf, commented: "I'm very pleased with the progress regarding our PEA. We got some nice su...

VANCOUVER, BC, Aug. 1, 2024 /CNW/ - First Nordic Metals Corp. is pleased to announce that yesterday it completed its acquisition of the Oijärvi Gold Project that was announced on July 15, 2024 . Oijärvi is a 17,600 hectare greenstone belt land package that includes the Kylmäkangas gold deposit, which contains a high-grade underground resource that has seen limited drilling. The Transaction was effected by way of a subscription agreement between FNM and Agnico Eagle Mines Limited , pursuant to which Agnico Eagle exchanged amounts due under the asset purchase agreement between certain subsidiaries of FNM, certain subsidiaries of Agnico Eagle and EMX Royalty Corporation dated March 19, 2021, as amended May 1, 2023 for 27,954,872 common shares of the Company .[1] FNM issued the 2...