Almonty Industries Inc. , through its wholly-owned South Korean subsidiary, Almonty Korea Tungsten Corporation , is pleased to announce that it has received a fully executed Utilization Request for US$10.6 million in conjunction with the seventh and eighth drawdowns on the US$75.1 million KfW project loan facility related to the construction of the Company's Sangdong Tungsten Mine in South Korea. This US$10.6 million drawdown is scheduled for release on July 19, 2024. Lewis Black, President and CEO of Almonty said: "This week, Almonty will receive its seventh and eighth drawdowns from KfW from its US$75.1 million loan facility, bringing the total amount of drawdowns to date to US$66.5 million. The 7th and penultimate 8th drawdowns continue to demonstrate the solid progress be...

Gungnir Resources Inc. is pleased to report discovery of a new surface gold exploration target on its 100%-held Hemberget project located in the south-east portion of the regional Gold Line, Vasterbotten District, Sweden. Please refer to accompanying slides for maps and rock photos . Highlights: New grassroots prospecting discovery with angular to sub-angular float assaying up to 0.422 g/t Au associated with characteristic Gold Line arsenopyrite; > 10,000 ppm As in new results Two-kilometre-plus trend open-ended along a well-defined magnetic and geologic contact; 11-kilometre-long prospective gold exploration target Property is situated up-ice of the one of the largest gold-in-till anomalies in the district; other till anomalies are related to either current and past-produ...

Monumental Energy Corp. is pleased to provide an update on its active participation in the Request for Information process initiated by the Chilean Ministry of Mining for lithium exploration and exploitation. The RFI process attracted 88 applications from companies across 10 countries, including 11 submissions from Canadian-based companies. Applications were received for 16 salt flats and 28 different lithium projects, showcasing the strong global interest in Chile's lithium resources. Notably, Monumental Energy holds rights over 61 mining concessions totaling 14,700 hectares in the Laguna Blanca salt flats, a key area highlighted in the RFI process. The Ministry of Mining is currently conducting a comprehensive analysis of the submitted projects, evaluating financial capabil...

Pampa Metals Corp. is pleased to announce that it has issued a final tranche of 555,556 units under the Fully Subscribed Private Placement detailed in a 26 June 2024 News Release . A total of 13,136,847 Units at a price of $0.27 per Unit have now been issued for total gross proceeds of $3,546,949 . Each Unit consists of one fully paid common share and a half purchase warrant. Each whole warrant shall entitle the holder to acquire an additional common share at a price of $0.50 for a period of 3 years after the closing of the Private Placement. A Form 62-103F3 Required Disclosure by an Eligible Institutional Investor has been filed on SEDAR in connection with the Private Placement. Proceeds will fund continuing exploration at the Piuquenes Copper-Gold Porphyry Project, where th...

Timberline Resources Corp. today announced that it has published its proxy statement relating to a special meeting of its stockholders to approve the previously announced merger with McEwen Mining Inc. . The special meeting is scheduled for August 16, 2024 at 9:00am Mountain Time at the offices of Davis Graham & Stubbs, LLP, 1550 17th Street, Suite 500, Denver, CO 80202. The record date for purposes of determining holders of common stock entitled to notice of, and to vote at, the special meeting has been set as of the close of business on July 8, 2024. On or about July 19, 2024, physical copies of the proxy statement and related proxy documents will be mailed or provided to Timberline stockholders as of the record date. Subject to approval by stockholders at the ...

GR Silver Mining Ltd. - is pleased to announce that it has closed the transaction announced June 28, 2024 pursuant to which a private, arm's-length Canadian company active in Mexico has acquired from the Company 100% of the issued and outstanding shares of Marlin Gold Mining Ltd. . Marlin is a private British Columbia company which owns, amongst other assets, Oro Gold de Mexico, S.A. de C.V. , a private Mexican company that owns 100% of nine concessions , including the past producing La Trinidad mine, located adjacent to the Company's core Plomosas Project. Pursuant to the Agreement, GR Silver Mining has transferred to PrivateCo all existing assets and rights, as well as all outstanding undertakings, covenants, indemnities and obligations, of Marlin and its subs...

Outcrop Silver & Gold Corp. is pleased to announce additional drill results at the Aguilar vein discovery located 5 kilometres south of the existing resource along the 30 kilometre vein corridor. These recent drill holes at Aguilar have confirmed the continuity of high-grade silver along dip and revealed a new parallel blind vein, Aguilar-HW, with the potential of discovering additional veins. Outcrop Silver has two active drill rigs on site, focusing on drill testing the extensive inventory of exploration targets to expand the current resource. One rig is currently at Aguilar testing extension along strike and depth, while the other has begun testing the Guadual target, located 1.8 kilometres north of the Aguilar vein system . HIGHLIGHTS DH369 intercepted 6.52 metres of 828 g...

July 17, 2024 - Heritage Mining Ltd. is pleased to announce that the Company has received a report entitled Orientation Survey for Spatiotemporal Geochemical Hydrocarbon Interpretation . The results of the report show a very positive correlation to existing gold mineralization on the property . Based on these positive results the Company will proceed in using SGH surveys to identify new targets as well as focus in on existing permitted drill target areas. The Company is also pleased to announce SGH soil results are pending from Zone 3 and Zone 10. Highlights: The overall precision of the SGH analysis for the samples at the Alcona Area Soil Survey was excellent. Mineralization exists at these locations as a vertical projection beneath these anomalies . The SGH confidence ratin...

Appia Rare Earths & Uranium Corp. announced today the latest desorption test results for rare earth elements from the Target IV Ionic Adsorption Clay deposit at the PCH project in Goias, Brazil. A total of 182 samples from 17 Reverse Circulation drillholes were sent to ALS Laboratories in Lima, Peru and the results consistently confirmed the REE IAC mineralization style on the majority of Target IV developed over the Ipora Granite and representing improved recoveries of Magnet Rare Earth Oxides and Heavy Rare Earth Oxides as expected. Stephen Burega, President, stated, "The combination of the significant size of mineralized area, high grades, good recoveries and rapid desorption, confirm the attractiveness of the deposit as an eventual world-class project. With each batch of ...

Andean Precious Metals Corp. will report its second quarter 2024 financial and operating results after market close on Tuesday, August 13, 2024. Management will host a conference call and webcast on Wednesday, August 14, 2024 at 9:00 am ET to discuss the results. Participants may join the conference call via webcast or through the following dial-in numbers: Participants may listen to the webcast by registering on our website at www.andeanpm.com or via the following link https://www.gowebcasting.com/13407 Participants may also listen to the conference call by calling North American toll free 1-844-763-8274, or 1-647-484-8814 outside the U.S. or Canada An archived reply of the webcast will be available for 90 days at: https://www.gowebcasting.com/13407 or the Company website at...

Compass Gold Corp. is pleased to announce the completion of its previously announced offering, on a non-brokered private placement basis, of 175 convertible debenture units of the Company , at a price of $1,000 per Debenture Unit, for aggregate gross proceeds of $175,000 . For additional details concerning the Offering and the Debenture Units, please see Compass news release dated July 11, 2024. The closing of the Offering is subject to the final approval of the TSX Venture Exchange . All securities issued pursuant to the Offering are subject to a statutory four-month hold period expiring four months and one day after the closing date of the Offering. Insiders of the Company purchased an aggregate of 30 Debenture Units under the Offering, for aggregate consideration of $30,00...

Myriad Uranium holds a 75% earnable interest in the Copper Mountain Uranium Project which saw US$78m in exploration and development expenditures by Union Pacific during the 1970s. Union Pacific drilled approximately 2,000 boreholes, discovered 7 uranium deposits, and developed a 6-pit mine plan at Copper Mountain, estimating resources of between 15.7 and 30.1 Mlbs eU3O8 and estimating the further potential of known and speculated targets within the project area to be over 65 Mlbs. These estimates are historical and not yet current under NI 43-101. Myriad intends to bring these historical resources current under NI 43-101 and, if possible, go beyond them, initially focusing on the 'High Grade Zone' of the Canning Deposit which hosts the largest estimated historical resource at Copper Mounta...

Highlights Gladiator has recommenced drilling high-grade copper skarn targets at the Chiefs trend, Whitehorse Copper Belt. This drilling constitutes the first holes of Gladiator's planned Phase 1, 13,000m, summer drilling campaign targeting high-grade copper skarns throughout the Whitehorse Copper Belt with the dual strategy of: 1) Advancing to resource definition at: Cowley Park: Establish initial drilling framework for inferred resource drilling at the Cowley Park Prospect. Chiefs trend: Highlight further high-grade, near-term copper resource potential by testing southern target area. 2) Exploration Drilling at: Arctic Chief: Highlight continuity of high-grade near surface copper and gold mineralisation for future resource drilling. Best Chance: First drill test of outcropping high-grade...