Besra Gold Inc. is very pleased to announce that it has today secured long term access, via a Memorandum of Sub-Lease , to an essential key land holding required for the Pilot Plant's tailings dam to be constructed at the Company's Jugan Project. Having secured the Sub-Lease, application to commence 'mining activities' with the Lands and Surveys Department, Sarawak can now proceed. Once regulatory and environmental approvals are completed, construction and operation of the Company's Jugan Pilot Plant and associated infrastructure within ML 01/2013/1D can commence. The Sub-Lease was entered into by the Company's Malaysian subsidiary and has a term of 15 years from 1 May 2024 and includes rights to extend for a further term and the payment of nominal commercial monthly rental pa...

Besra Gold Inc. announces that on 15 May 2024, AEST, it released to the Australian Securities Exchange its response to the ASX Aware Letter. Dear Scarlette Besra Gold Inc. - ASX AWARE LETTER We refer to your letter dated 9 May 2024 and respond to your questions as follows: Does BEZ consider the remittance of US$9,827,854.60 by Quantum pursuant to the terms of the GPA as disclosed in BEZ's 28 December 2023 announcement to be information that a reasonable person would expect to have a material effect on the price or value of its securities? Response to Question 1 Yes. If the answer to question 1 is "no", please advise the basis for that view, commenting specifically on why BEZ marked the 28 December 2023 Announcement as 'price sensitive'. Response to Question 2 Not ...

American Rare Earths Ltd. stands to gain significantly from the recent U.S. tariff policy changes targeting critical minerals and technology sectors. The announcement by the U.S. Trade Representative emphasizes stricter measures on imports, particularly from China, which is poised to escalate the demand for locally sourced critical minerals. American Rare Earths, with its strategic projects at Halleck Creek in Wyoming and La Paz in Arizona, is well-positioned to capitalize on this shift. These sites, among North America's largest rare earth deposits, are central to the company's efforts to supply resources vital for the clean energy transition, including those used in electric vehicles and renewable energy technologies. As the U.S. moves to enhance its domestic ...

Engineering Optimizations and Exploration Targets Could Significantly Enhance Project Kutcho Copper Corp. is pleased to provide a review of its accomplishments in 2023, outline its most compelling value opportunities, and looks forward to the next steps planned for 2024 at its feasibility stage, high-grade copper-zinc development project located in north-western British Columbia. Vince Sorace, President & CEO of Kutcho Copper stated: "Kutcho Copper finished 2023 with several fundamental accomplishments, and we anticipate that 2024 will be another year of progress for the Company. We are uniquely positioned with a feasibility-stage, high-grade, low-cost copper-zinc development project located in a Tier 1 jurisdiction that has potential for significant exploration upside. With ...

Lancaster Resources Inc. announces that the United States Department of the Interior Bureau of Land Management has provided Lancaster with approval for the Plan of Operations regarding the Alkali Flat Lithium Brine Phase 1 drill program. This follows permit approval granted by the New Mexico Mining and Minerals Division , as announced on April 30, 2024. "The BLM approval of our Plan of Operations application is further proof of Lancasters' vision of providing sustainable and minimal impact critical minerals for the energy transition," says Andrew Watson, Lancaster's VP Engineering & Operations. "We are rapidly progressing to drilling our maiden exploration well at Alkali Flat and showing the significant potential lithium brine deposit in the subsurface aquifers identified by ...

Uranium prices hit 16-year high in February 2024 America has $4.3B plan to buy uranium from domestic producers Labrador's Central Mineral Belt among top uranium exploration regions in Canada Vancouver, British Columbia, May 15, 2024 -- MegaWatt Lithium and Battery Metals Corp. is pleased to provide an update on long-term uranium sector drivers, America's plan to source domestic uranium for its expanding nuclear power generation, and Canada's leading role in uranium exploration and mining. The world generates roughly 10% of its power from nuclear energy,[1] with America generating about 20% of its total electricity from nuclear while producing more nuclear power than any other nation.[2] To reach current global decarbonization targets, however, the International Energy Agency ...

Ecora Resources PLC announces that on 15 May 2024, it purchased 200,000 ordinary shares of 2p each in the Company on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 . The shares acquired will be held in treasury. Date of purchase: 15 May 2024 Aggregate number of ordinary shares purchased: 200,000 Lowest price paid per share : 86.70 Highest price paid per share : 86.80 Volume weighted average price paid per share : 86.78 Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 11,375,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 250,356,897. The above figure of 250,356,89...

Significant copper and molybdenum intersections include: HM09: 137.60m @ 0.51% Cu Eq including 72m @ 0.68% Cu Eq from 8.00m HM18: 22.00m @ 0.54% CuEq from 12.00m HM42: 338.61m from surface @ 0.38% Cu Eq including 230.61m @ 0.45% Cu Eq from 108m. VANCOUVER, British Columbia, May 15, 2024 -- Koryx Copper Inc. announces the sixth batch of assay results from the current drill program at its Haib Copper project in southern Namibia. The results from the latest three drill holes continue to confirm that the deposit can deliver high grades over substantial widths within the known historical resource. Pierre Léveillé, President & CEO of Koryx stated that: "We keep generating very positive results that demonstrate that the average grade of the deposit could be higher than the previous ...

Canadian Manganese Company Inc. is pleased to announce that further to the Company's press release dated April 2, 2024, the Company has now satisfied all of the conditions set forth in the royalty purchase agreements and the parties are anticipating that the closing of the royalty purchase will occur on or before May 31, 2024. In connection with the foregoing, the Company has announced that it has provided a redemption notice to the holders of its $5,000,000 principal amount of senior secured convertible debentures . As a result of such notice the Company has indicated that it will redeem all of the debentures on June 15, 2024 in accordance with their terms. ABOUT CANADIAN MANGANESE CDMN is a Canadian mineral development company aiming to become a supplier of high-purity mang...

SÃO PAULO, May 15, 2024 /CNW/ -- Sigma Lithium Corp. , a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it will release its financial results for the first quarter ended March 31, 2024 before market open on May 16, 2024. The release will be followed by an investor conference call the same day at 12:00 p.m. ET. To register for the call, please proceed through the following link Register here. Sigma Lithium's first quarter 2024 press release, investor presentation and quarterly filings will be available through the company's investor relations website, ir.sigmalithiumresources.com. A webcast replay will also be available following the conc...

Highlights: Probe Gold has submitted the Detailed Project Description for the Novador project to the Impact Assessment Agency of Canada , marking a significant advancement in the federal environmental permitting process. This submission follows the Initial Project Description sent to the IAAC in October 2023. TORONTO, May 15, 2024 -- Probe Gold Inc. is pleased to announce the official submission of the Detailed Project Description for the Novador project to the Impact Assessment Agency of Canada , the federal body accountable to the Minister of Environment and Climate Change. This follows the submission of the Initial Project Description in October last year and marks another major step towards the Impact Assessment process, which is required under Canadian law ...

Appia Rare Earths & Uranium Corp. announced today that it has signed a non-binding memorandum of understanding with 15997356 Canada Inc. to option up to a 100% working interest in the Company's Elliot Lake Uranium Project located in Elliot Lake Ontario . The Transaction is subject to the parties entering into a Definitive Agreement setting out the terms and conditions for the Transaction. The Purchaser can earn a 51% interest in Elliot Lake by paying $25 million to Appia by October 31, 2024 . The Transaction is conditional upon the Purchaser providing a financing commitment to Appia on or before July 9, 2024, failing which Appia can terminate the Transaction. The Purchaser has the right to assign the MOU to another private or public company. If the Purchaser pays the Initial ...

Astra Exploration Inc. is pleased to announce that it will be participating at the 9th Current Trends in Mining Finance Conference held by the Society for Mining, Metallurgy and Exploration from May 20-22, 2024 in New York. The industry-leading conference will focus on key issues impacting the sourcing, funding and mining of critical, strategic, industrial and precious metals, mineral processing and recycling, as the industry transitions to sustainable renewable energy, electric vehicles, and green economy. Brian Miller, CEO and Director of Astra Exploration, will be a panelist discussing the challenges of bringing critical metals & minerals to market. For more information on the Conference, please visit Home - Current Trends In Mining Finance or to register, please click on ...