Santacruz Silver Mining Ltd. announces that the Company has granted deferred share units , restricted share units , performance share units and stock options to directors, officers, employees and consultants in accordance with the Company's Omnibus Equity Incentive Plan dated November 17, 2023. Awards under the 2023 Omnibus Equity Incentive Plan The board of directors of the Company has approved the grant of an aggregate of 675,000 DSUs, 850,000 RSUs, 2,500,000 PSUs, and 2,470,000 stock options to the directors, officers, employees and consultants of the Company. The 2023 Omnibus Equity Incentive Plan's objective is to create an incentive compensation program that is aligned with the Company's long-term objectives. DSUs: Each vested DSU can be redeemed for one common share of...

IAMGold Corp. is pleased to announce that the Côté Gold Mine has reached commercial production. Côté Gold is located in Ontario, Canada and is operated as a joint venture between IAMGOLD, as the operator, and Sumitomo Metal Mining Co., Ltd. . Commercial production is defined as the achievement of reaching a minimum of 30 consecutive days of operations during which the mill operated at an average of 60% of nameplate throughput of 36,000 tpd. "I would like to commend our teams at Côté Gold who have come together to achieve another great milestone as we progress and ramp up what we believe will be one of Canada's largest gold mines and a model for modern mining in Canada," said Renaud Adams, President and Chief Executive Officer of IAMGOLD. "Since achieving the first pour of gold o...

Solaris Resources Inc. is pleased to announce the completion of joint socialization programs with government entities and local communities to support the initial exploration activities of its district exploration programs at its Warintza Project in southeastern Ecuador. The success of this socialization provides a template for broader ambitions in the northern Zamora belt for which the Company intends to secure a joint venture partner. Geotechnical drilling has now commenced in the Caya-Mateo target which is expected to provide important geological information to aid in more focused targeting efforts and subsequent discovery drilling. Meanwhile, field work continues in the emerging Celestina epithermal gold/silver area where prior sampling returned values of up to 11,570 g/t...

Classification of First Berlin Equity Research GmbH to Deutsche Rohstoff AG Company Name: Deutsche Rohstoff AG ISIN: DE000A0XYG76 Reason for the research: Update Recommendation: Buy from: 02.08.2024 Target price: €51 Target price on sight of: 12 months Last rating change: 02.08.24 Analyst: Simon Scholes First Berlin Equity Research has published a research update on Deutsche Rohstoff AG . Analyst Simon Scholes upgraded the stock to BUY and maintained his EUR 51.00 price target. Abstract: H1/24 production jumped ca. 41% to ca. 14,800 boepd . The rise in output was due to new wells coming on stream at better than expected production rates. We estimate that DRAG's subsidiaries brought 21 net new 2-mile-lateral wells on line between May 2023 and end-June 2024. DRAG has maint...

NexGen Energy Ltd. is pleased to announce the Company will host its 2024 second quarter conference call on Thursday, August 8, 2024, at 8:30 am Eastern Standard Time. During the call, NexGen's President and Chief Executive Officer, Leigh Curyer, Chief Commercial Officer, Travis McPherson, and Chief Financial Officer, Benjamin Salter will provide an update on the Company's 100% owned Rook I Project covering all aspects including Federal permitting, project development and procurement, updated economics, exploration at Patterson Corridor East, treasury, together with current market dynamics and marketing strategy. Call-in Details: Date: Thursday, August 8, 2024 Time: 8:30 am Eastern Standard Time RapidConnect URL: https://emportal.ink/3Sgb7pG North America Toll Free: 1-800-836-...

Central Iron Ore Ltd. is pleased to announce that it will be conducting a rights offering to holders of its ordinary shares at the close of business on the record date of August 13, 2024 . Details of the Rights Offering Rights will be offered on the basis of one right for each ordinary share of the Company held at the Record Date. Each Right will entitle the holder to subscribe for one unit of the Company, upon payment of the subscription price of $0.05 per Unit. No fractional Units will be issued. The holder's Rights entitlement will be reduced to the next lowest whole number and no additional compensation will be paid. Each Unit will be comprised of one ordinary share in the capital of the Company and one Share purchase warrant . Each Warrant entitles the holder to acquire ...

MAG Silver Corp. announces the Company's unaudited consolidated financial results for the three months ended June 30, 2024 . For details of the unaudited condensed interim consolidated financial statements of the Company for the three and six months ended June 30, 2024 and management's discussion and analysis for the three and six months ended June 30, 2024 , please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus at or on the Electronic Data Gathering, Analysis, and Retrieval at . All amounts herein are reported in $000s of United States dollars unless otherwise specified . KEY HIGHLIGHTS FOR Q2 2024 MAG reported net income of $21,614 driven by income from Juanicipio of $25,123, and adjusted EBITDA1 of $50,353. A total of 336,592 ton...

Classification of GBC AG to Desert Gold Ventures Inc. Company Name: Desert Gold Ventures Inc. ISIN: CA25039N4084 Reason for the research: Research Report Recommendation: BUY Target price: 0.311 USD Target price on sight of: 31.12.2025 Last rating change: Analyst: Matthias Greiffenberger, Marcel Schaffer Strategic Investment opportunity in Prolific Gold Region with Significant Upside Potential. Heap Leach Mine and Significant Resource Expansion Plans. Desert Gold Ventures Inc. could represent an attractive investment due to its strategic location in a prolific gold region, substantial resource base, and ongoing exploration efforts. The company's potential for significant cash flow from the heap leach mine, combined with its experienced management team and strong financial mana...

Stuhini Exploration Ltd. wishes to issue this correction of a news release which was issued on July 31, 2024. The original news release did not disclose the number of FT Warrants and NFT Warrants that are subject to the expiry date extensions, and that such expiry date extensions are subject to the acceptance of the TSX Venture Exchange. Please see corrected news release below. Stuhini announces its intention to extend the expiry date of previously issued common share purchase warrants to purchase up to 1,663,817 common shares at an exercise price of $0.60 per share . The FT Warrants were issued in connection with a non-brokered private placement of flow-through units , each FT Unit comprised of one flow-through common share and one-half of one FT Warrant. The FT Offering clo...

Li-Metal Corp. , announces the filing on SEDAR of its audited consolidated financial statements for the year ended March 31, 2024 , the related management's discussion and analysis relating to the Financials, and the related officer certifications of the Company relating to the Financials . About Li-Metal Corp. Li-Metal is a Canadian-based vertically integrated battery materials company and innovator commercializing technologies to enable next-generation batteries for electric vehicles and other applications. We believe our patented lithium metal technology, next-generation battery anode technology and production methods are significantly more sustainable than existing solutions and offer lighter, more energy-dense and safer batteries. Li-Metal's battery materials support bat...

Inca One Gold Corp. announces that, further to the Company's June 4, 2024 and June 14, 2024 press releases, on July 25, 2024 and pursuant to the Companies Creditors Arrangement Act , the Supreme Court of British Columbia extended the Stay Period under a Second Amended and Restated Initial Order until August 26, 2024. DIP Loan The Second ARIO approved the Company to enter into an interim financing to be provided by a private lender in the form of a Debtor-In-Possession Term Loan for the principal sum of up to US$1 million. The DIP Loan will be for general working capital, including legal, restructuring, administrative and general corporate costs in connection with the CCAA proceedings and the Court approved cashflows. The DIP Loan will have priority security ranking over all s...

Further to the press release dated June 17, 2024, Strategic Minerals Europe Corp. announces that the amended and restated business combination agreement , which amended and restated the business combination agreement entered into on March 19, 2024 among Strategic Minerals, IberAmerican Lithium Corp. and IberAmerican Resources Inc., pursuant to which IberAmerican had previously agreed to acquire all of the issued and outstanding common shares of Strategic Minerals has been terminated in accordance with its terms. IberAmerican notified the Company on July 31, 2024, that, as the Business Combination was not completed on or before July 31, 2024 as required by the Amended and Restated BCA, IberAmerican was exercising its right to terminate the Amended and Restated BC...

A correction from source has been issued for the Andean Precious Metals news release that was disseminated on July 31, 2024 at 7:00am ET. The previously stated amount of inferred mineral resources was incorrect. The accurate figure is 0.092 million tonnes, not 0.92 million tonnes. The complete and corrected release follows: Andean Precious Metals Corp. is pleased to announce the commissioning of production from the Fines Disposal Facility at the San Bartolomé Silver Mine, in Potosí, Bolivia. This significant milestone enhances Andean's commitment to sustainable and efficient mining practices. The San Bartolomé mine started to process the FDF material in the amount of 11,000 tonnes during the month of May, and 8,000 tonnes during the month of June, using trucks and excavators....