Labrador Gold Corp. is pleased to announce that further to its press release dated April 22, 2024, the Company is providing an update on the sale of the Kingsway Project as required by the policies of the TSX Venture Exchange . Pursuant to the Definitive Agreement with New Found Gold Corp. , NFG will acquire a 100% interest in the Kingsway Project, including all property and mining rights associated with the property, in exchange for $20,000,000 CAD payable and satisfied by the delivery to LabGold of such number of NFG Common Shares determined by dividing the Purchase Price by the closing price of the NFG Common Shares on the last trading day prior to the closing of the Transaction. The Consideration Shares will be subject to a resale restriction of four months ...

Plato Gold Corp. an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to report the three months financial results for fiscal 2024 and 2023, as summarized below: Three Months Ended March 31, March 31, 2024 2023 Income $ 513 $ 520 Net Loss and Comprehensive Loss $ 52,664 $ 48,905 Loss per common share - basic and diluted $ 0.00 $ 0.00 Weighted average number of common shares outstanding - basic and diluted 228,632,750 228,332,384 For full details, please visit us at www.platogold.com. About Plato Gold Corp. Plato Gold Corp. is a Canadian exploration company traded on the TSX Venture Exchange, OTC Markets, and Frankfurt Exchange with projects in Timmins, Ontario, Marathon, Ontario and Santa Cr...

ALX Resources Corp. is pleased to announce it has entered into an amending agreement with Denison Mines Corp. whereby ALX may increase its ownership interest in the Hook-Carter Uranium property from 20% to 25% ownership by funding the next $3.0 million of exploration at the Project within the next 30 months. Hook-Carter is a highly-prospective and large exploration property with significant coverage along the prospective Patterson Lake, Carter, and Derksen exploration corridors - notably covering approximately 13 kilometres of the Patterson Lake Corridor along strike of the Arrow uranium deposit owned by NexGen Energy Ltd. , and the Triple R uranium deposit owned by Fission Uranium Corp. . Background to the ALX-Denison Hook-Carter Agreement On Octobe...

Airborne VTEM Surveys Will Develop Basement and Unconformity-Associated Uranium Targets Management Attending Investor Clubhouse at the RBC Open June 1, 2024 CanAlaska Uranium Ltd. is pleased to announce its partner company, Bayridge Resources Corp. , has engaged Geotech Ltd. to undertake helicopter-supported Versatile Time-Domain Electromagnetic surveys on its Constellation and Waterbury East projects . The purpose of the surveys is to identify and prioritize basement conductors, characterize lithological and alteration variations, and map the structural setting of the projects to support future drill targets. The Waterbury East Project is located in the northeastern Athabasca Basin 25 kilometres northeast of the Cigar Lake Mine and covers 1,337 hectares . The Co...

Excelsior Mining Corp. is pleased to announce that it has received the US$5 million infrastructure access payment from Nuton LLC , a Rio Tinto venture. This payment was provided as a result of Nuton electing to proceed to Stage 2 of the existing Option Agreement . The purpose of the Agreement is for Nuton to evaluate the use of its Nuton™ copper heap leaching technologies at Excelsior's Johnson Camp mine in Cochise County, Arizona. Under the Agreement, Excelsior remains the operator and Nuton funds Excelsior's costs associated with a two-stage work program at Johnson Camp. As Nuton has elected to proceed to Stage 2, it made the US$5 million payment to Excelsior for the use of existing infrastructure at the Johnson Camp mine for the Stage 2 work program. Nuton will also ...

Waraba Gold Ltd. is pleased to announce the commencement of a new drilling campaign over the past few days at its Fokolore Gold Project in West Mali, West Africa and as further detailed in the Company's news release dated November 30, 2022. This drilling campaign - "Phase 1" of a planned three-phase drilling program - has been designed by Waraba's Chief Geologist, Mr. Mamadou Coulibaly, to extend the strike length of historic high-grade gold mineralization identified by RC drilling and rock chip sampling by 2.3km to 3.5km. During this "Phase 1" drilling program, the Company will carry out 76 priority reverse circulation drill holes averaging 120 meters in depth and 2,350 meters of rotary air blast drilling . Depending on the results of the previous phase of the drilling: "Pha...

Marvel Discovery Corp. is pleased to announce that it has acquired 100% of additional ground east of Elliot Lake to complement its East Bull Property. The additional land package of 805 hectares brings the land holdings in the area to a total of 6,157 ha. . The Pecors West property has the potential to host three unique styles of mineralization under the critical metals criteria: PGM-Ni-Cu magmatic style mineralization associated with the large Pecors regional magnetic anomaly. Uranium mineralization typical of the Elliot Lake uranium camp within the Pecors Channel. Uranium and rare-earth oxide mineralization similar to the contiguous Radio Fuels Eco Ridge Project. "The Pecors West property is a dynamic piece of ground with significant potential for Ni-Cu-PGM mineralization a...

EnviroGold Global Ltd. , a technology company enabling the global mining industry to monetize valuable metals contained in mine waste and tailings, reduce environmental and mine closure liabilities, and improve social and environmental outcomes, is pleased to announce that it has entered into an agreement to purchase an integrated metal processing plant developed at the Commonwealth Scientific and Industrial Research Organisation's Australian Minerals Research Centre in Perth, Western Australia. The plant includes: multiple cascading mixed acid leach tanks, a Counter Current Decantation system, Residue Neutralisation and Filtration, Acid Recovery, and Iron Hydrolysis to enable Production of Magnetite Co-Product. The CCD system is used to separate post leach slurry from the fu...

Volcanic Gold Mines Inc. and joint venture partner Radius Gold Inc. report on the conclusion of the first pass drilling campaign at the Motagua Norte Project, Guatemala. As previously reported , the initial drillholes did not locate the source of the broad area of bonanza grade gold bearing quartz boulder float discovered by Company geologists and named the Mila target. The gold-bearing quartz float at Mila covers a thin serpentinite package and underlying schistose metasedimentary rocks which have been cut by a series of east-west trending structures hosting significant vein zones. The principal structures, such as the Veta Madre Fault and the Veta Padre structure, are located to the south and uphill from the field of gold-bearing boulders. A strong zone of stockwork veining...

May 23, 2024, Vancouver, B.C. - TheNewswire: VR Resources Ltd. , the "Company", or "VR", has completed the first hole to target depth on its maiden drill program on its New Boston polymetallic copper-moly-silver porphyry project in Nevada. The drill is now turning on Hole 002. The Company does not expect to receive complete assays for the program until next month, if not July. Short of that, summary information and geologic observations are provided here for context, including a few drill core photos from Hole 001, and the top of Hole 002. Figure 1 shows the target for this initial drill program at New Boston, the East Zone conductor as delineated by the state-of-the-art, 3D-array DCIP geophysical survey completed in 2023. Hole 001 reached target depth and was terminated at 6...

Radius Gold Inc. and joint venture partner, Volcanic Gold Mines Inc. report on the conclusion of the first pass drilling campaign at the Motagua Norte Project, Guatemala. As previously reported , the initial drillholes did not locate the source of the broad area of bonanza grade gold bearing quartz boulder float discovered by Volcanic geologists and named the Mila target. The gold-bearing quartz float at Mila covers a thin serpentinite package and underlying schistose metasedimentary rocks which have been cut by a series of east-west trending structures hosting significant vein zones. The principal structures, such as the Veta Madre Fault and the Veta Padre structure, are located to the south and uphill from the field of gold-bearing boulders. A strong zone of s...

Kirkland Lake Discoveries is pleased to announce the results from the thirteen drill holes totaling 3,376m that were completed to follow up on surface showings, mapping, prospecting and ground IP at the Hurricane Intrusive Zone. This fault-bounded zone is located on the KLD East Side of the Company's Kirkland Lake project in Kirkland Lake, Ontario. The Company successfully intercepted wide zones of alteration, quartz veining +/- sulphide mineralization. This drill program was a progressive step toward understanding and unlocking the geological potential of the area. Figure 1: Property map showing location of the Hurricane Intrusive Zone at the centre of the KL East Side To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5701/210196_cc6969370492...

Signature Resources Ltd. is pleased to announce that the Company has received its exploration permit, number PR-21-000218, for the Lingman Lake project. The permit covers 197 claims surrounding the patented claims. The permit is in effect for three years, allowing the Company to complete its 2024 planned drilling campaign as well as expanded drilling operations in the coming years once the Company has reviewed the results of the 2024 programs. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8296/210195_486d911ca4f50b2f_001full.jpg The team is currently completing its 2024 field program that was focused on: 1) mapping historical activity at the site, 2) structural mapping and 3) locating proposed drill locations and reviewing an...