Lahontan Gold Corp. announces that it has granted an aggregate of 9,100,000 options to purchase common shares of the Company exercisable at a price of $0.08 per common share for a period of five years to directors, officers and consultants of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant. On behalf of the Board of Directors Kimberly Ann Founder, CEO, President, and Director Lahontan Gold Corp. Kimberly Ann Founder, Chief Executive Officer, President, Director Phone: 1-530-414-4400 Email: Kimberly.ann@lahontangoldcorp.com Website: www.lahontangoldcorp.com Cautionary Note Regarding Forward-Looking Statements: Neither TSX Venture Exchange nor its Regulation Services Provi...

Electric Royalties CEO Brendan Yurik joined Steve Darling from Proactive to share details the company has announced the successful closure of the company's previously disclosed transaction to acquire a comprehensive portfolio comprising 18 royalty agreements and 32 lithium properties situated in Ontario.
Yurik elaborated on the portfolio's composition, highlighting its inclusion of 18 royalties and 32 lithium properties. Notably, 31 of the 32 properties are presently under exploration by third parties pursuant to option agreements. Subject to the fulfillment of option payments over the next two and a half years and the exercise of options, each property would transition into royalty interests for Electric Royalties. The company would retain ownership of any prop...

Condor Resources CEO Chris Buncic joined Steve Darling from Proactive to announce the reappointment of Dr. Quinton Hennigh to the company's board of directors. Dr. Hennigh, who has previously served on the board in 2021, brings over 30 years of experience as a globally renowned exploration geologist specializing in precious metals.
Buncic highlighted Dr. Hennigh's extensive background, which began after earning his PhD in Geology/Geochemistry from the Colorado School of Mines. His career includes significant roles at major gold mining firms such as Homestake Mining , Newcrest Mining, and Newmont Corp. Dr. Hennigh is also the founder of Novo Resources Corp., where he currently serves as co-Chairman, and is the CEO of San Cristobal Mining, a private silver mining ...

First Phosphate Corp. CEO John Passalacqua joined Steve Darling from Proactive to announce that the company has signed a partially binding letter of intent with Rapid Building Systems of Australia. This agreement marks the initial steps toward establishing a Rapidwall Manufacturing Plant in the Saguenay-Lac-St-Jean Region of Quebec. Once the terms are finalized, First Phosphate will obtain exclusive sales and marketing rights in Canada for RBS's Rapidwall and Rapidseal products.
Passalacqua highlighted the strategic benefits of the Rapidwall Manufacturing System, explaining that it will enable First Phosphate to convert clean phosphogypsum, a byproduct from their upcoming purified phosphoric acid plant, into building panels. These panels are intend...

Emperor Metals Inc. is pleased to announce that it has closed its proposed non-brokered private placement , which it announced on April 27, 2024. In connection with the closing, Emperor has issued 2,943,333 flow-through shares at a price of $0.267 per FT Share for gross proceeds of $785,869.61. Each FT Share will qualify as a "flow-through share" within the meaning of subsection 66 of the Income Tax Act . The gross proceeds from the issuance of the FT Shares will be used to incur eligible "Canadian exploration expenses" that will qualify as "flow-through mining expenditures," as such terms are defined in the Income Tax Act , and in addition, with respect to Quebec resident subscribers who purchase FT Shares who are eligible individuals under the Taxation Act , the expenditure...

Avino Silver & Gold Mines Ltd. a long-standing silver producer in Mexico, announces its consolidated financial results for the first quarter of 2024. First Quarter 2024 Financial Highlights Revenues of $12.4 million Gross Profit of $2.3 million, $3.1 million net of non-cash costs of sales Net income of $0.6 million Earnings before interest, taxes, depreciation and amortization 3 of $1.7 million Adjusted earnings 3 of $2.0 million, or $0.02 per share Cash costs per silver equivalent payable ounce sold 1,2,3 of $14.89 All in sustaining cash costs per silver equivalent payable ounce sold 1,2,3 of $20.23 The earnings should be read in conjunction with the Company's Financial Statements and Management's Discussion and Analysis for the corresponding period, which can be viewed on the...

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Awalé Resources is pleased to announce that it has closed the bought-deal private placement initially announced on April 17, 2024. The Company issued ‎‎18,549,500 ‎units of the Company ‎ ‎at a price of C$0.62 per Unit for aggregate gross proceeds of $11,500,690‎. The Offering was underwritten by Canaccord Genuity Corp. on behalf of a syndicate of underwriters . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant of the Company . Each Warrant entitles the holder to acquire one Common Share at a price of C$0.80 per Common Share until May 8, 2026. The net proceeds received from the Offering will be used to advance Awalé's projects in Côte d'Ivoire, as well as for working capital and general corporate purposes. In con...

Vox Royalty Corp. , a returns focused mining royalty company, is pleased to announce its operating and financial results for the first quarter ended March 31, 2024. All amounts in U.S. dollars unless otherwise indicated. Kyle Floyd, Chief Executive Officer, stated: "I'm pleased to share these quarterly financial results, in line with 2024 annual revenue guidance, which notably include over 140% growth in cash flows generated from operations. After tremendous revenue and profitability growth in 2022 and 2023, we find ourselves on the cusp of the next phase of Vox's organic growth in producing assets and associated royalty revenue, with numerous assets advancing towards a development decision. We are also actively advancing a pipeline of opportunities that is consistent with ou...

Xtra-Gold Resources Corp. is pleased to provide the following summary of the unaudited Financials ending March 31, 2024: Total Assets US$12,700,871, comprised mainly of cash, liquid securities, and gold inventory ; Zero Debt; Total Income for the quarter of US$1,234,557; and Net Income of US$510,987. The full details of the Quarterly Financials with MD&A can be viewed on the Company's website at www.xtragold.com. James Longshore, CEO/Co-Founder states: "Our Company had another very successful quarter, covering all our exploration drilling and operating costs . We have financed all our Operating Costs over the last 14 years, with our shareholders suffering no dilution to their share ownership. We continue aggressively drilling at our Kibi Gold Project, with our three diamo...

Apex Resources Inc. is pleased to announce that the Company's shares will resume trading effective at the open of market on Thursday, May 9, 2024. The Company is also pleased to announce that it has received conditional acceptance from the TSX Venture Exchange of the previously announced proposed acquisition of all the shares of an arm's length corporation holding a 100% option over the consolidated mineral rights of the Lithium Creek Property in Nevada, USA . 1.The Company further announces that it is arranging the concurrent, part and parcel non-brokered private placement which is being conducted in conjunction with the Acquisition. The Company has reduced the size of the Financing to 9,000,000 units to raise gross proceeds of $630,000. Each Unit is comprised of one common s...

Please note that on Wednesday, May 8th, Brunswick Exploration issued the incorrect version of a press release under the same headline. The corrected release follows: Brunswick Exploration Inc. is pleased to report more significant results from the Mirage winter drilling campaign. The Mirage Project is located in the Eeyou Istchee-James Bay region of Quebec approximately 40 kilometres south from the Trans-Taiga Road. The winter drill campaign focused on the Central Zone and has continued to intersect multiple wide and well mineralized intervals within the MR-6 dyke and its vicinity, where it remains open in all directions. Highlights include: Best interval to date at Mirage with 1.55% Li2O over 93.45 meters in drill hole MR-24-62 starting at surface and which ext...

Element79 Gold proudly announces the successful exercise of the Binding Option Agreement with Sun Silver Limited for the closing of the sale of the Maverick Springs Project to Sun Silver. Highlights Since Acquisition in 2021, the Company has worked to advance the project, including an updated 43-101 compliant inferred resource of 3.71Mozi AuEq. In seeking funding partners for the development of the Maverick Springs project, management negotiated and subsequently engaged with Sun Silver in August 2023 via a Binding Option Agreement. As the Company is now focused on advancing the high-grade Lucero Project with near term production potential in Peru, this transaction al...