Ascot Resources Ltd. is pleased to announce that it has closed the previously announced bought deal financing, including the full exercise of the over-allotment option, for gross proceeds of approximately C$34 million . The Offering consisted of 30,242,000 flow-through units at a price of C$0.496 per Flow-Through Unit and 44,188,000 hard dollar units at a price of C$0.43 per HD Unit for gross proceeds of approximately C$34 million. The Offering was conducted by a syndicate of underwriters co-led by BMO Capital Markets and Desjardins Capital Markets , and including Raymond James Ltd., CIBC World Markets Inc., and Velocity Trade Capital Ltd. . Each Offered Security is comprised of one common share of the Company and one common share purchase warrant of the Company . Each Warran...

Vancouver, BC - June 25, 2024 - Element79 Gold Corp. , Hereinafter , a mining company focused on gold and silver committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects, is excited to provide the following updates about the social and business engagement in Chachas as well as highlight additional revenue-generating business underway. Local Charter Ratified Element79 Gold has received confirmation that the Chachas community has reached an agreement to complete the ratification of its charter this past weekend. This agreement was reached at an auxiliary community meeting held in the neighboring community of Orcopampa. As described previously, this was the key step for Chachas to be able to then complete further ...

Etruscus Resources Corp. announces, subject to Canadian Securities Exchange approval, that it plans to raise up to $1,250,000 through a non-brokered private placement . The Financing will consist of a combination of flow-through and non flow-through units. Up to 12.5 million non-flow-through units at $0.10 per unit, or up to 10 million flow-through units at $0.125 per flow-through unit may be issued, or any combination thereof totalling $1.25 million. The non-flow-through funds will be used for both exploration and general working capital and the flow-through funds will be used for qualified exploration expenditures at the Company's Rock & Roll property located in the prolific Golden Triangle, northwest B.C. Each non-flow-through unit will consist of one common share and one-...

Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, today announced the approval to list its shares on Upstream, a revolutionary securities trading app designed to eliminate barriers for international investment into North America while not competing with other exchanges domestically, such as Nasdaq and the Canadian Securities Exchange . Trading begins on Upstream July 31, 2024, at 10:00 am ET under the ticker symbol FMST. Upstream was designed to provide companies like Foremost the channel to access an international, digital-first investor base that trade using USDC digital currency along with credit, debit, PayPal, and USD which could unlock liquidity and enhance price discovery. The uplisting is expected to enhance Foremost...

Great Pacific Gold Corp. is pleased to announce the appointment of seasoned mining executive Mr. Greg McCunn as Chief Executive Officer and director of the Company. Mr. McCunn, a Professional Engineer, has more than 30 years of experience in the international mining sector and an established track record operationally. Mr. McCunn has worked within large mining organizations such as Placer Dome and Teck but has also led multiple junior mining companies from exploration success through the transition to project development, permitting, financing, construction and operations. As an executive, he has had a leadership role putting mines into production on three different continents. In addition to Mr. McCunn's strong operational and technical focus, his financial acumen and capita...

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release. Forward-looking information All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projectio...

Hispania Resources Inc. , a mineral exploration company focused on properties in Spain, announces that one of its Directors, Rahim Allani, has purchased 1,575,000 shares of the Company in the open market between July 18 and 24. This investment reinforces Mr. Allani's confidence in the Company's long-term potential and his commitment to its long term success. The purchases have been filed on Mr. Allani's insider reports at SEDI.CA. About Hispania Resources Inc. Hispania Resources Inc is a mineral exploration company focused on mining opportunities in Spain. Hispania is currently focused on developing 3 core assets across Spain, including the copper, zinc project Otero; the formerly producing tin project Lumbrales and the copper, zinc Puebla de la Reina project. The management ...

First Phosphate is pleased to announce that all results from its drilling program at its Bégin-Lamarche project are now available. The 99 hole drill program totaling 25,929 m completed on its Bégin-Lamarche project has uncovered a significant high-quality igneous phosphate deposit. The drilling has shown continuous phosphate mineralization over a length of 2,400 m spread across 3 mineralized zones. A NI 43-101 resource estimate is now underway and will be immediately followed by a Preliminary Economic Assessment . "This drilling campaign has confirmed the presence of a high-quality igneous phosphate deposit in-line with expectation and in a logistically-favourable mining area at just 70 km from the deep-water port of Saguenay, Quebec," said John Passalacqua, CEO of Firs...

Proceeds of the financing will be used to drill GoldON's 100%-Owned West Madsen property in Ontario's Red Lake Gold Camp GoldON Resources Ltd. is arranging a non-brokered private placement financing with qualified investors that includes a lead order from strategic investor Eric Sprott. The Company intends to offer up to 5,000,000 flow-through shares priced at $0.12 per share for maximum gross proceeds of $600,000 . Figure 1: Looking northeast from GoldON's West Madsen property to WRLG's Madsen Gold Mine property. To view an enhanced version of this graphic, please visit: https://goldonresources.com/images/westmadsen/WM-BLK-A_WRLG.jpg The Company will use the proceeds of the Offering to fund the next phase of drilling at its 100%-owned West Madsen Gold Property located in the...

EcoGraf ASX: EGR 25 July 2024 Updated Epanko Ore Reserve 110% Increase in Proven Ore Reserve Providing the Highest Level of Confidence EcoGraf Ltd. is pleased to report an updated Ore Reserve for its Epanko Graphite Project in Tanzania. The updated Ore Reserve is based on the 2024 Mineral Resource, announced to ASX on 11 March 2024, combined with the Company's "Oxide Ore first" approach for the Project, enabling improved process plant throughput and project economics. Key Highlights: Epanko Ore Reserve increased to 14.3Mt at 8.8% total graphitic carbon for 1.25Mt of contained graphite 110% increase in Proven Ore Reserves, with an industry-leading 82% of total Ore Reserves classified as Proven, delivering increased confidence on metallurgical factors such as process recoveries...

Established gold producer Austral Gold Ltd. advises that its subsidiary Austral Gold Canada Limited and the Company's largest shareholder, Inversiones Financieras del Sur SA Sociedad Anonima , have entered into a share purchase agreement dated July 24, 2024 . This Agreement provides for a transaction substantially similar to a share sale transaction conducted by AGCL in late June, 2024, in which AGCL sold Unico Shares to two of the Company's Directors. AGCL currently owns a total of 28,329,814 common shares in the capital of Unico Silver Limited . Unico is a publicly traded Australian company and the Unico Shares are listed on the ASX. Under the Agreement, AGCL has agreed to sell 8,139,023 of its Unico Shares to IFISA. The price for these Unico Shares is to be the greater of:...

Manning Ventures Inc. is pleased to report that it has received geochemical results from ALS Global for rock samples collected during its geological mapping on the Copper Hill Project located within the Walker Lane Trend, southern Nevada, USA. Elevated values were returned from sample CHR-9 which returned 2.01% copper and 0.263 grams-oer-tonne gold and 2.0 gpt silver . The sample was a chip over a 3 x 3 foot outcrop. Rock samples CHR-11 to CHR-13 taken from mine dumps on the adjacent claims returned values of 1.74%, 2.03% and 4.77% copper respectively. Highlights of the rock sampling are tabled below. Sample # Utm_E Utm_N Cu_percent Au_ppm Ag_ppm Description CHR-9 373637 4302111 2.01 0.298 2.00 Red hematitic Trls with malachite and chrysocolla CHR-11 374189 4302300 1.74 0.223...

Global Energy Metals Corp. TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 , a multi-jurisdictional, multi-commodity critical mineral exploration, development and project generating company focused on growth-oriented projects supporting the global transition to clean energy, is pleased to announce that joint venture partner, Kingsrose Mining Ltd. has entered into a drill service agreement with Arctic Drilling , headquartered in Finnmark County, Norway. The Drill Contract provides for the commencement of helicopter supported core drilling at the Råna nickel-copper-cobalt project in August 2024 . GEMC has a 10% ownership of Narvik Nikel, a Norwegian holding company which holds an 100% interest in Råna. GEMC also has an 1% NSR royalty on Råna. Kingsrose has co...