CoTec Holdings Corp. noted the White House's announcement that beginning 2026 the US Government will impose a 25% tariff on imports of Chinese permanent magnets. CoTec holds a 60.3 percent equity interest in HyProMag USA LLC. , a company that is targeting the deployment of the revolutionary HyProMag rare earth element recycling technology in the USA. The remaining 50% direct equity interest in HyProMag USA is held by Maginito Limited, a 79.4% subsidiary of Mkango Resources Ltd. HyProMag has licensed the patented technology HPMS which is used to extract NdFeB magnets from electrical products such as hard disk drives and EV motors. The extracted NdFeB powder is in the form of an alloy which can be re-processed into different forms and sold back into the supply cha...

North Shore Uranium Ltd. is pleased to announce that multiple samples collected from two of the first three uranium prospects drilled by the Company at its 55,699-hectare Falcon Property at the eastern margin of the Athabasca Basin in Saskatchewan have returned anomalous uranium values of greater than 300 ppm U3O8 and up to a maximum of 572 ppm U3O8 . The Company is now planning for future exploration programs on the Property. As reported on March 20, 2024, three targets were drilled along a strong, dominantly northeast-trending electromagnetic conductor system, P03, P08 and P12 . These results confirmed the encouraging field findings for P03 and P08 that were based on downhole gamma probe readings and geologic observations. Uranium mineralization was confirmed at P03 and P08...

Atha Energy CEO Troy Boisjoli joined Steve Darling from Proactive to announce the commencement of the company's 2024 Exploration Program. This program marks Atha Energy's most significant exploration initiative to date and is recognized as one of the largest uranium-focused exploration programs globally.
Boisjoli elaborated on the completed, ongoing, and forthcoming geophysical surveys that are integral to the 2024 Exploration Program. At the company's 100%-owned Gemini Project in the Athabasca Basin, Atha Energy successfully concluded Phase I Geophysics of the 2024 Gemini Exploration Program. This phase comprised a Ground Gravity Survey and Fleet Space's Exosphere Ambient Noise Tomography. Both surveys concentrated on the GMZ and the surrounding a...

Five drill, 25,000+ metre drill program launched, with 15,000+ metres dedicated to expanding and defining the Rogue Project's flagship Valley target Upwards of 10,000 metres allocated for first pass and follow up drilling on at least five additional targets across the Rogue and Einarson projects A second 50-person camp will be built near Rogue Project's Valley target to increase the capacity to support expanding drill campaign and regional surface exploration Snowline Gold Corp. is pleased to announce that it has mobilized drilling personnel and geological staff to its Rogue Project in Canada's Yukon Territory to kick off its 2024 exploration and drilling program. The 25,000+ metre campaign will see two additional diamond drill rigs mobilized to complement the three rigs curr...

Largo Inc. today released financial results for the three months ended March 31, 2024. The Company reported quarterly vanadium pentoxide equivalent sales of 2,765 tonnes at a cash operating cost excluding royalties per pound6 sold of $6.12. Daniel Tellechea, Interim CEO and Director of Largo, stated: "Having navigated challenges in the first quarter, such as an extended maintenance period which led to increased costs, and a sharp decline in vanadium prices, our focus remains on restoring profitability at Largo. We continued to realize cost savings at our clean energy division this quarter as a result of initiating our strategic review process, and negotiations with Stryten Energy LLC remain ongoing. While we anticipate elevated costs in the first half...

Talon Metals Corp. reported a net loss for the three months ended March 31, 2024 of $0.3 million or nil per share , which was primarily the result of administration expenses offset by foreign currency gains. This compares to a net loss for the three months ended March 31, 2023 of $0.6 million or nil per share , which was primarily the result of administration expenses offset by interest income. Capitalized exploration and development costs and deferred expenditures on the Tamarack Nickel-Copper-Cobalt Project for the three months ended March 31, 2024 amounted to $6.8 million. This compares to $11.7 million for the three months ended March 31, 2023. The total capitalized exploration cost to the Tamarack Nickel-Copper-Cobalt Project to March 31, 2024 amounts to $211.7 million. C...

Brazilian Rare Earths Ltd. is pleased to announce that it has secured an official registration and consent from The Brazilian National Nuclear Energy Commission that allows BRE to export mineral products, including rare earths/monazite concentrates. The authorisation provides BRE with the approvals to export highgrade mineral samples to international laboratories for further test work and underpins future production scale exports, subject to regular local business and logistical procedures. BRE has also signed a non-binding MoU with INB, the state-owned Brazilian nuclear company, focussed on potentially valuable uranium co-products at BRE's rare earth projects across the Rocha da Rocha province. INB has responsibility for all aspects of production and commercialisation of nuc...

Denarius Metals Corp. announced today that it has filed its unaudited interim condensed consolidated financial statements and accompanying management's discussion and analysis for the three months ended March 31, 2024. These documents can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Denarius Metals is an emerging metals producer with two mines, Zancudo in Colombia and Aguablanca in Spain, marching toward the start of production within the next 12 months. In March 2024, the Company graduated its listing to Cboe Canada followed by a change of its trading symbol to "DMET". The Company continues to trade on the OTCQX in the ...

IberAmerican Lithium Corp. announced today that it has filed its unaudited condensed interim consolidated financial statements and accompanying management's discussion and analysis for the three months ended March 31, 2024 . These documents can be found on its website at www.iberamericanlithium.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca. All financial figures contained herein are expressed in Canadian dollars unless otherwise noted. The Company reported a net loss for the Quarter of $1.46 million ; and as at March 31, 2024, the Company had cash and cash equivalents of approximately $1.8 million . For the remainder of 2024, the Company will continue to work towards receipt of final permit approvals for the Alberta II and Carlota lithium projects in northwes...

Steppe Gold Ltd. is pleased to announce its financial results for the quarter ended March 31, 2024. HIGHLIGHTS First Quarter Highlights Revenue for the three months ended March 31, 2024 amounted to $7,971 on sales of 3,723 gold ounces and 19,506 silver ounces, respectively. Average realized prices for the three months ended March 31, 2024 were $2,043 per gold ounce and $19 per silver ounce, respectively. Operating profit from mine operations before depreciation and depletion for the three months ended March 31, 2024 was $4,324. Adjusted EBITDA after payments made pursuant to the metals purchase and sale agreement with Triple Flag Finance Bermuda Ltd. for the three months ended March 31, 2024 was negative $309. Site All in Sustaining Cost was $945 per ounce sold for the quarte...

SolGold is pleased to announce the release of the Company's financial results for the third quarter ended 31 March 2024. The full financial report is available here: http://www.rns-pdf.londonstockexchange.com/rns/6938O_1-2024-5-16.pdf Furthermore, the Company advises that the Company's website also contains access to additional information required to be filed on SEDAR+ in Canada in connection with the Company's quarterly financial period ended 31 March 2024. The Management Discussion and Analysis report is available here: http://www.rns-pdf.londonstockexchange.com/rns/6938O_2-2024-5-16.pdf Highlights of the Period Include: Completion of the updated Cascabel Pre-Feasibility Study : The updated PFS incorporates a phased approach plan, significantly reducing initial capital costs. Key figure...

GFM Resources Ltd. is pleased to the results of its annual general meeting of shareholders, celebrated on May 14, 2024 . The following directors were elected at the AGM: James Robertson, Pedro Rivero González, Esteban Rivero González, and Roberto Rivero Larrea. Davidson & Company LLP, Chartered Professional Accountants, were ratified as auditors of the Corporation for the ensuing year. The shareholders of the Corporation also ratified the continuation of the rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the Plan. Following the AGM, the board made the following officer appointments: Mr. Pedro Rivero González as Chairman and Chief Executive Officer, Mr. Roberto Rivero Larrea as President, and Mr. S...

COMPANY'S SHARES As announced on 15 April 2024, Horizonte Minerals Plc has been unable to secure interest in the full financing needed to complete its 100% owned Araguaia Nickel Project . After a period of discussions with secured creditors, and existing and new potential investors on alternative scenarios with a view to a potential restructuring solution to attempt to achieve the best possible recovery for the Company's creditors while minimising potential liabilities, the Board has now regrettably concluded that Horizonte should be placed into administration in order to seek to preserve the value of the business for creditors and other stakeholders. Accordingly, the Board has resolved to appoint Geoff Rowley and Chad Griffin of FRP Advisory as administrators and is in the p...