West Red Lake Gold Mines Ltd. is pleased to announce that it has closed its previously announced public offering of 31,944,700 units and 11,236,000 charity-flow through units of the Company at a price of C$0.72 per Unit and C$0.89 per Charity Flow-Through Unit , respectively, for aggregate gross proceeds to the Company of C$33,000,224 million, including the full exercise of the over-allotment option. The Offering was led by Raymond James Ltd., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters . Each Unit is comprised of one common share of the Company and one Common Share purchase warrant, . Each Warrant entitles the holder thereof to acquire one Common Share for an exercise price of C$1.00 per share for 24 months from the closing of the Offeri...

Channel Sampling Underway to Follow up 2.48% Cu and 1.215 g/t Au Grab Sample. For Immediate Release Seven high priority channel sample composites planned to confirm and extend known mineralization. Channels located where recent grab samples returned values up to 2.48% Cu and up to 1.215 g/t Au. Historic trenching and channel samples in the area returned values up to 2.01% Cu and 5.173 g/t Au over 1.0m intervals.* Vancouver, British Columbia - May 16, 2024. Cascade Copper Corp. is pleased to announce it has mobilized a field crew to its Centrefire Copper and Gold Project located ~40 kilometres northeast of Dryden, Ontario, Canada. The field crew will perform channel sampling at the surface exposure of the main mineralized zone as well as prospecting along the road and trail ne...

Leocor Gold Inc. is pleased to update shareholders on recent significant news from Intrepid Metals , a Canadian company focused on exploring for high-grade essential metals such as copper, silver, lead, and zinc mineral projects in proximity to established mining jurisdictions in southeastern Arizona, USA. In January of this year, the Company announced the completion of a CDN $3M strategic investment in Intrepid for the purpose of advancing the company's world class copper and gold projects in Arizona. On May 1, Intrepid announced the results of the first 12 holes drilled at its Corral Copper property, located in Cochise County, Arizona. The results were impressive, with highlight near surface intercepts of 105.20 meters of 1.17% Copper and 48.85 meters of 2.24% Copper . Intr...

Teako Minerals Corp. is delighted to announce that it has expanded its previously announced Norwegian Project Hub through i) the staking of one new Rare Earth Element project, Kiste, ii) the staking of additional claims around 5 existing projects , and iii) the acquisition of 18 copper, molybdenum and REE projects covering 1,571 square kilometres from private Norwegian company Element29 AS . Upon completion of the Acquisition, Teako's Hub will consist of fifty-three projects covering a total area of 7,282 sq. km and prospective for copper, cobalt, nickel, zinc, gold, niobium, molybdenum and REE's. The acquisition further bolsters Teako's position as Norway's largest exploration company in terms of total project size. Highlights Teako bolsters its position as Norway's largest ...

Nine Mile Metals is pleased to announce it has received certified assays for drill hole WD-24-07 at the Wedge VMS Drill Target. WD-24-07 HIGHLIGHTS: Drill hole WD-24-07 was collared on the northeastern flank of the Wedge deposit, 20.00m east of WD-24-02, and drilled at an azimuth of 160 degrees with a dip of -50 degrees to a total depth of 159.00m. The drill hole successfully intersected continual base metal mineralization between 116.00m and 156.32m assaying 1.20% Cu, 0.18% Pb, 0.88% Zn, 0.12 g/t Au, and 8.00 g/t Ag, with a Copper Equivalent of 1.65%. Two distinct zones of visible sulphide mineralization were intersected: UPPER ZONE : 15.50m assaying 1.64% Cu, 0.08% Pb, 0.82% Zn, 0.08 g/t Au, and 3.32 g/t Ag,...

"The assays from the down plunge extension of the Selebi North historic resource continue to confirm the interpretation of up-side potential of the high-grade Ni-Cu-Co polymetallic nature of this deposit. These assays will be included in the first Selebi National Instrument 43-101 compliant Mineral Resource Estimate, that will combine drilling from both Selebi North and Selebi Main, which is expected this June." - CEO, Keith Morrison Premium Nickel Resources Ltd. is pleased to report additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Previous results for 47 holes were released in ten separate news releases between November 14, 2023 and April 17, 2024. This release highlights results for a further six holes....

Northstar Gold Corp. , announces the completion of Pulse-EM surface electromagnetic and borehole electromagnetic surveys over a 900 metre southeast strike extension of the Cam Copper Mine volcanogenic massive sulphide trend, on the Company's 100%-owned Miller Copper-Gold Property situated 18 kilometres southeast of Kirkland Lake, Ontario. Cam Copper is a road accessible shaft mine and small-scale, past producer of high-grade 'direct shipping' copper ore1,2 that recently returned multiple near-surface high-grade VMS copper drill intercepts . Large 350m, 200 Siemens Near-Surface EM Conductor Defines Possible Southeast Strike Extension of Cam Copper Zone 2 Crone Geophysics and Exploration Ltd. recently completed a 3-component, or 3-dimensional surface EM survey that defined a st...

Benton Resources Inc. is pleased to announce that it has mobilized a field crew to open the Great Burnt camp and commence regional prospecting and soil geochemical sampling. In addition, Benton has executed a minimum 3,000 m drill contract with a local company, MCL Drilling from Deer Lake, NL, with crews expected to arrive in late May to start its Phase 3 drill program. Benton anticipates that the drill program will be increased substantially as it ramps up its exploration program. The Phase 3 exploration program will consist of: Regional soil geochemical sampling, prospecting and geological mapping; Trenching, washing, mapping and channel sampling of the Great Burnt Main and South Pond Deposits; Trenching, washing, mapping and channel sampling an extensive number of regional...

Refined Energy Corp. is pleased to announce that it has acquired a further 879 hectares for the Dufferin North property in the Dufferin Project , a prospective uranium property located in the Athabasca Basin, Saskatchewan, Canada. The Dufferin Project now comprises a total of 7,303 hectares. Refined has the right, at its option, to acquire up to a 75% interest in the Dufferin Project from Eagle Plains Resources Ltd. through a series of cash payments and share issuances and fund exploration expenditures on the Dufferin Project. The Dufferin Project consists of two properties, Dufferin North and Dufferin West, both of which are located approximately 18km from Cameco's Centennial Deposit .1 As a result of continued data review, further confirming the prospectivity ...

Skyharbour Resources Ltd. , is pleased to announce that its partner company, North Shore Uranium , has collected multiple samples from two of the first three uranium prospects drilled at its 55,699 hectare Falcon Property located at the eastern margin of the Athabasca Basin in northern Saskatchewan, returning anomalous uranium values of greater than 300 ppm U3O8 and up to a maximum of 572 ppm U3O8 . North Shore is now planning future exploration programs on the Property. Location Map of Falcon Project: https://skyharbourltd.com/_resources/maps/Sky-SouthFalconOption.jpg?v=0.1 As reported on March 20th, 2024, three targets were drilled along a strong, dominantly northeast-trending electromagnetic conductor system, P03, P08 and P12. These results confirmed the encouraging field ...

Vizsla Copper Corp. is pleased to announce the appointment of Craig Parry, Executive Chairman, to the role of Chief Executive Officer , and further information on the newly acquired Poplar Project . The Poplar Project is home to the Poplar Deposit , a large porphyry-related copper-gold-molybdenum deposit that is one of the most advanced pre-production copper projects in British Columbia. HIGHLIGHTS: CEO. Craig Parry, Executive Chairman, has assumed the role of CEO. Large, Gold-Rich Resource Base. The Project hosts a current undiluted indicated mineral resource of 152.3 million tonnes grading 0.32% copper, 0.009% molybdenum, 0.09 g/t gold and 2.58 g/t silver and an undiluted inferred mineral resource of 139.3 million tonnes grading 0.29% copper, 0.005% molybdenum, 0.07 g/t gol...

VANCOUVER, BC, May 16, 2024 /CNW/ - The following issues have been halted by CIRO Company: Lomiko Metals Inc. TSX-Venture Symbol: LMR All Issues: Yes Reason: Pending News Halt Time : 7:51 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...

FIRST QUARTER 2024 HIGHLIGHTS Strengthened commercial position in May, achieving a premium price of USD $1,290/t, at a fixed formula of 9% of lithium hydroxide quoted at LME, delivering: 11% price increase from April 25% price increase from 1Q24 realized sales price Revenues from volumes of Quintuple Zero High Purity Lithium Concentrate sold in 1Q totaled $49.1 million. Sales volumes totaled 52,857/t Production volumes totaled 54,168/t Reduced reported cash cost by 16% from 4Q23, approaching 3Q cost guidance: FOB cash costs of $462/t Cash costs at industrial plant gate averaging $397/t Robust 1Q24 EBITDA margins: 35.3% margins on pro forma EBITDA of $17.4 million, generated by business conducted in 1Q24. 15.8% margins on reported 1Q adjusted EBITDA of $5.9 million. Board of Directors made ...