Aztec Minerals announces that, subject to the approval of the TSXV, it will extend the expiry date of certain outstanding share purchase warrants of the Company. A total of 11,388,089 share purchase warrants were originally issued by the Company pursuant to the closing of a private placement on June 6, 2022. As issued, each Warrant entitles the holder to purchase one common share of the Company at a price of $0.40 per share until June 6, 2024. None of the Warrants have been exercised to date. The Company is seeking the approval of the Exchange to extend the expiry date of the Warrants to December 6, 2025. All other terms and conditions of the Warrants will remain the same. About Aztec Minerals - Aztec is a mineral exploration company focused on two emer...

Excellon Resources Inc. is pleased to announce that, further to the Company's news releases dated April 4, 2024 and April 15, 2024, it has closed the final tranches of its previously announced non-brokered private placement offering of units of the Company , pursuant to which the Company sold an additional 3,414,555 Units at a price of $0.18 per Unit for additional aggregate gross proceeds to the Company of approximately $614,620. Under the Offering, the Company sold a total of 7,356,632 Units at a price of $0.18 per Unit for aggregate gross proceeds to the Company of approximately $1,324,194. Each Unit was comprised of one common share in the capital of the Company and one common share purchase warrant of the Company . Each Warrant entitles the holder thereof to acquire one C...

VANCOUVER, BC, May 15, 2024 /CNW/ - May 16, 2025 - Sydney, Australia Highlights Continued strong lithium mineralization over wide intervals from infill drilling at CV5. 122.5 m at 1.42% Li2O, including 35.8 m at 2.15% Li2O . 71.4 m at 1.57% Li2O, including 14.2 m at 3.15% Li2O . 68.7 m at 1.56% Li2O and 22.5 m at 1.04% Li2O . 74.9 m at 1.28% Li2O, including 28.1 m at 2.28% Li2O . 53.0 m at 1.22% Li2O, including 25.0 m at 1.65% Li2O . The focus of the 2024 winter drilling at CV5 was to support an upgrade in mineral resource confidence, from the inferred category to the indicated category, targeting release in Q3 2024 inclusive of a maiden CV13 resource. Multiple holes remain to be reported targeting the newly discovered high-grade zone at CV13, with the Company to report the assay results a...

Argonaut Gold Inc. today reported financial and operating results for the first quarter ended March 31, 2024. All dollar amounts are expressed in United States dollars, unless otherwise specified . During the quarter, Argonaut entered into a definitive agreement whereby Alamos Gold Inc. will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement . As part of the Transaction, Alamos will acquire Argonaut's Magino mine and in which Argonaut's assets in the United States and Mexico will be spun out to its existing shareholders within a newly created junior gold producer . "At our flagship Magino Mine, ramp up of mining and milling activities during the first quarter of the year proceeded at a slower rate than planned. Mining...

Orestone Mining Corp. is pleased to announce the completion of its non-brokered private placement announced April 11, 2024 whereby the Company issued a total of 5,000,000 common shares at a price of $0.03 per Share for gross proceeds of $150,000 . The proceeds of the Offering will be used for payment of certain expenses, consisting of $45,000 payable to DeVisser Gray LLP for audit and tax related services; $25,000 payable to Pacific Opportunity Capital, a non-arm's length party, for office rent and accounting services, with the balance of the proceeds to be used for general working capital purposes. The Shares issued under the Offering are subject to a hold period that expires on September 16, 2024. Finders' fees amounting to $5,130 were paid in connection with the Offering. ...

MONTRÉAL, May 15, 2024 /CNW/ - - Champion Iron Ltd. announces that it will be hosting a conference call and webcast on May 31, 2024, at 9:00 AM / May 31, 2024, at 11:00 PM with its senior management, during which they will review the Company's 2024 fourth quarter and financial year operational and financial results. Champion's financial statements and management's discussion and analysis for the fourth quarter and financial year ended March 31, 2024, will be released prior to the conference call and webcast, and will be available in the "Financial & Regulatory Reports" section of the Company's website at www.championiron.com, under the Company's profile on SEDAR+ at www.sedarplus.ca and on the ASX at www.asx.com.au. A live audio webcast of the conference call will be accessib...

Canadian Critical Minerals Inc. has closed a financing, consisting of 2,008,648 units priced at $0.05 per Unit for proceeds of $100,432 . Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at a price of $0.08 per share for a period of 24 months from the Offering. All securities issued are subject to a statutory hold period that expires four months and one day from issuance. Proceeds from the financing will be used for exploration and development activities at the Bull River Mine project near Cranbrook, B.C. About Canadian Critical Minerals Inc. CCMI is a mining company primarily focused on two near-term copper production assets in Canada. CCMI's main asset is the 100% owned Bull River Mine project near...

China Gold International Resources Corp. Ltd. reports financial and operational results for the three months ended March 31, 2024 . This news release should be read in conjunction with the Company's Financial Statements, Notes to the Financial Statements and Management's Discussion and Analysis . For detailed information, please read the Company's Financial Statements and MD&A for the quarter ended March 31, 2024 which are available on SEDAR's website at www.sedar.com, The Stock Exchange of Hong Kong Limited's website at www.hkex.com.hk, the Company's website at www.chinagoldintl.com, or call the Company at +1-604-609-0598 and email to info@chinagoldintl.com. 2024 • Revenue decreased by 76% to US$60.5 million from US$252.8 million for the same period in 2023. • M...

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Canadian Manganese Company Inc. reports its financial results for the first quarter ended March 31, 2024. This news release should be read in conjunction with the Company's condensed interim consolidated financial statements and associated management's discussion and analysis for the three months ended March 31, 2024, which are available on the Company's website at www.CanadianManganese.com or under the Company's profile at www.sedarplus.ca. 31, 2024 During the first quarter of 2024 the Company continued its focus of advancing the Woodstock manganese project, which includes the adjacent Plymouth and Hartford deposits, near Woodstock, New Brunswick. During the first quarter, the Company recorded a loss of $736,276. The loss included interest on convertible debt of $179,223, ac...

Euro Manganese Inc. today announced financial results and key developments during the second fiscal quarter and to date. The Company has now filed its March 31, 2024, second fiscal quarter Financial Statements and Management's Discussion and Analysis. Euro Manganese's fiscal year end is September 30. Key Developments During and Subsequent to the Quarter Chvaletice Project, Czech Republic Chvaletice Manganese Project was formally listed as under appraisal for debt financing with the European Investment Bank . Funding from the EIB would complement a broader funding package to support the development of the Company's high-purity battery-grade manganese plant in the Czech Republic Received approval of the Environmental and Social Impact Assessment for the Chvaletice...

ValOre Metals Corp. today provided a corporate and project update. Thiago Diniz Appointed Vice President, Exploration Thiago Diniz, P.Geo. has significant experience as an exploration geologist in Brazil and Canada, including work on early to advanced-stage Platinum Group Element , orogenic and magmatic hydrothermal gold and gold-copper systems, sediment-hosted zinc-lead, phosphate, and potash projects. His expertise in the planning and management of large-scale programs, including data review, mapping & sampling, exploratory & resource delineation drill campaigns, and metallurgical testwork programs have provided valuable input to ValOre's Pedra Branca Project over the last four years. Mr. Diniz is a registered P.Geo in Ontario and Saskatchewan, with a B.Sc. Geology , and a ...

GT Resources Inc. is pleased to announce a non-brokered flow-through private placement for gross proceeds of up to C$1,800,000 to be sold to accredited investors of the Company. "The summer field season at the Canalask copper-nickel project, located in the Yukon, is scheduled to begin in July. "With a C$1.8 million budget, we plan to drill up to 2,000 meters to test the Electromagnetic plate that was defined in the 2023 field season, followed by downhole EM surveys to locate massive copper-nickel sulphide mineralization. Our objective is to expand on the historical resource estimate of 400,000 tonnes at 1.35% nickel. Although copper values were not reported in the historical resource estimate, significant copper mineralization occurs on the project. Massive sulphide samples c...