Coast Copper Corp. is pleased to announce it has closed its previously announced non-brokered private placement , issuing 8,750,000 units at an issue price of $0.06 per Unit for gross proceeds of $525,000 . Each Unit will consist of one common share of Coast Copper and one non-transferable common share purchase warrant, with each warrant entitling the holder to acquire an additional common share of the Company at an exercise price of $0.12 per share with an expiry date of 36 months from completion of the Offering . Coast Copper would like to highlight that as a result of the Company selling its 100% interest in the Gin, Bonanza and Eldorado properties to Skeena Resources Ltd. in October 2022 for an aggregate purchase price of $3,000,0...

Elcora Advanced Materials Corp. , , a leading battery metals exploration company, announces that the Company has closed a private placement of an 8% interest bearing, unsecured, convertible promissory note in the principal amount of CDN$102,750 . The convertible promissory note has a maturity date of September 27, 2024, and the principal amount may be converted in whole or in part into fully paid and non-assessable common shares in the capital of the Company at a conversion price of CDN$0.05 per Common Share, resulting in the issuance of up to 2,055,000 Common Shares upon the conversion of the convertible promissory note in accordance with its terms. Any accrued and unpaid interest may be converted into additional Common Shares under a subsequent shares-for-debt filing with t...

70,000 meters completed, highlights include: 349.0 m of 0.77% Cu, including 232.0 m of 0.86% Cu 382.5 m of 0.54% Cu, including 74.0 m of 0.86% Cu TORONTO, May 16, 2024 -- McEwen Copper Inc., 47.7% owned by McEwen Mining Inc. , is pleased to provide the assay results from the currently completed drill season at the Los Azules project in Argentina. The prime objectives of this season's infill drilling campaign were: 1. to confirm the size and grade of the deposit as compared to the 2023 PEA estimate and upgrade the resource categories for the upcoming feasibility study; 2. test for extensions of mineralization beyond the current pit shell; and 3. explore our large property package for other mineralized areas. Based on the assay results received to date, our first objective appe...

Northstar Gold Corp.'s CEO, Brian Fowler joined Steve Darling from Proactive to announce significant progress in the company's exploration efforts. Northstar has successfully completed Pulse-EM surface electromagnetic and borehole electromagnetic surveys over a 900-meter southeast strike extension of the Cam Copper Mine trend on the company's Miller Copper-Gold Property in Ontario. The Cam Copper Mine is a historically significant site, known for its road-accessible shaft mine and its small-scale yet high-grade production of 'direct shipping' copper ore.
Fowler shared insights into the EM survey findings, which defined a strong near-surface conductor indicating possible massive sulphide mineralization. This "Zone 2 Extension Conductor" has a minimum strike length of 350 meter...

Lancaster Resources CEO Penny White joined Steve Darling from Proactive to share exciting news about the company's latest milestone. The United States Department of the Interior Bureau of Land Management has granted Lancaster approval for the Plan of Operations concerning the Alkali Flat Lithium Brine Phase 1 drill program. This approval follows a previous permit granted by the New Mexico Mining and Minerals Division, marking a significant step forward in the project's development.
White detailed the scope and implications of this approval, highlighting that it includes the potential to drill up to three wells on the playa. This provision allows for an expedited regulatory process, contingent on the results of the maiden well, expected in the second quarter of 2024. The appro...

Standard Form TR-1 Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS i 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Kenmare Resources plc 2. Reason for the notification : [] An acquisition or disposal of voting rights [] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights [ ] Other iii: 3. Details of person subject to the notification obligationiv : Name: FIL Limited City and country of registered office : Pembroke, Bermuda 4. Full name of shareholder v: 5. Date on which the threshold was crossed or reachedvi: 15th of May 2024 6. Date on which issuer notified: 16th of May 2024 7. Threshold that is/are crossed or reached: 7% 8. Total...

Max Resource Corp. is pleased to announce the completion of diligence in regard to a conditional Letter of Intent with Jaguar Mining Inc. , signed on April 12, 2024. The LOI outlines the terms of purchasing 100% of the Florália hematite iron ore property located 120-km east of the city of Belo Horizonte in the State of Minas Gerais, Brazil . The Property is located within 20-km of major, iron ore mines and steel mills . Local mining infrastructure includes railways, haul roads, mining services and personnel. Commodity: Hematite iron ore Ownership: Purchase of 100% Location: Belo Horizonte, Brazil Infrastructure: Refer to Figure 1 Closing: Subject to Exchange Approval The Floralia hematite deposit consists of four distinct bodies of iron ore mineralization along a ...

Toronto, Ontario-- - Terra Balcanica Resources Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every three pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 33,524,851 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on May 16, 2024. Dealers are reminded to re-enter their orders taking into account the share consolidation. _________________________________ Terra Balcanica Resources Corp. a annoncé une consolidation de ses actions ordinaires émises et en circulation sur la base d'une action ordinaire post-consolidée pour trois actions o...

InZinc Mining Ltd. announces that key stratigraphic units supporting links to the prolific, metal-rich Selwyn Basin have been identified at the Indy project located 90 km southeast of Prince George, British Columbia, Canada. Previously, these key units, known to host the deposits of the Selwyn Basin, only extended from the Yukon into northeastern BC . The Selwyn Basin, a 1100 km long sedimentary belt, hosts the world's second largest known accumulation1 of Sedex deposits and districts and includes several world-class deposits . New correlations of geology, fossil assemblages, mineralization and past discoveries support the presence of a "slice" of the Selwyn Basin at Indy. Table 1: Sedex Districts and Deposits of the Selwyn Basin, Canada Sedex Deposit/District Historical and ...

Rio2 Ltd. announces the results of voting at its Annual and Special General Meeting of Shareholders held May 15, 2024. A total of 115,981,552 common shares were voted, representing 44.68% of 259,568,913 shares issued and outstanding as of the record date of the Meeting. Shareholders voted in favour of all items of business before the Meeting, including the election of all director nominees as follows: VOTES FOR % VOTES FOR VOTES WITHHELD % VOTES WITHHELD Klaus Zeitler 92,590,422 99.96% 35,962 0.04% Alex Black 92,583,424 99.95% 42,960 0.05% Andrew Cox 92,590,424 99.96% 35,960 0.04% Ram Ramachandran 92,588,324 99.96% 38,060 0.04% Albrecht Schneider 92,590,424 99.96% 35,960 0.04% Sidney Robinson 92,590,424 99.96% 35,960 0.04% Drago Kisic 92,590,424 99.96% 35,960 0.04% At the Mee...

Bayhorse Silver Inc., reports on ongoing operations at its newly acquired Pegasus Project, Washington County. Idaho, USA. A helicopter based survey of the entire property is currently being conducted by the Company's senior consulting geologist, Dr Clay Conway, P.Geol, Company Director Mark Abrams, M.Sc. AIPG, Operations Manager, Jon Farrell, along with Bayhorse CEO Graeme O'Neill. This was necessitated to economically survey some steep terrain and assess routes to preliminary drill targets on the property that were identified during the Company's recently completed winter staking program. The preliminary drill targets identified by the recent VTEM survey are at the low resistivity and low magnetic areas as reported in the Company's news releases BHS2024.06 and BHS2024-08. Th...

VANCOUVER, BC, May 16, 2024 /CNW/ - The following issues have been halted by CIRO Company: InZinc Mining Ltd. TSX-Venture Symbol: IZN All Issues: Yes Reason: Pending News Halt Time : 10:42 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 provid...

VANCOUVER, BC, May 16, 2024 /CNW/ - Trading resumes in: Company: Lomiko Metals Inc. TSX-Venture Symbol: LMR All Issues: Yes Resumption : 11:00 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...