Argo Gold Inc.'s. March 2024 oil production was a total of 3,269 barrels for the month, averaging 105 barrels per day. Oil prices averaged CDN$73 per barrel and Argo's March oil revenue was $239,334 and net operating cash flow was $138,860. March 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 105 bbl/day 39 bbl/day $89,213 $43,652 Lloyd 203 bbl/day 38 bbl/day $87,188 $58,505 Lindbergh 2 75 bbl/day 28 bbl/day $62,933 $36,703 About Argo Gold Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR at www.sedarplus.ca and on Argo Gold's website at www.argogold.com. Argo Gold i...

Altiplano Metals Inc. is pleased to report on Q1 2024 operation results from the Farellon Copper-Gold-Iron mine located near La Serena, Chile. For the Q1 2024 period, the copper grade produced at Farellon was recorded at 1.74%, a reduction from 1.87% observed in Q4 2023. However, very good grades were recovered from the 326 m NE mining level in March 2024 where copper was produced with an average grade of 2.29%. Production in Q1 2024 totalled 8,600 tonnes of mineralized Cu-Au material and processed material totalled 7,822 tonnes. These figures represent a decrease of 5.6% and 3.7% respectively from the Q4 2023 results. Sales of 292,862 pounds of copper in 2024 Q1 generated approximately US$716,200 in revenue , a decrease of 10% over the $798,919 revenue figure received in 202...

Western Uranium & Vanadium Corp. is pleased to offer the following update on uranium markets and Company operations. Prohibiting Russian Uranium Imports Act In response to Russia's war in Ukraine, the United States legislature passed the Prohibiting Russian Uranium Imports Act . We expect the President to sign this legislation into law shortly as the Biden administration has previously considered using an executive order to limit Russian uranium imports. The ban will go into effect 90 days after its enactment and will be phased in under Department of Energy conditional waivers before becoming a complete ban on January 1, 2028. Importantly, the enactment of a Russian ban releases funding to support the American nuclear supply chain. Uranium/Vanadium Buying Program Energy Fuels...

Rio Silver Inc. is pleased to announce it has initiated an Environmental Impact Study, a component of the permitting application currently underway in support of a planned diamond drilling campaign, at the wholly owned Jorimina Gold / Silver Project scheduled for Q3, 2024. Ecosoul Environmental Impact Consultants, based in Ayacucho, South Central Peru, has been contracted by the Company to undertake a full suite of environmental baseline monitoring studies which includes preparation of the necessary submittals required by the General Directorate of Mining Environmental Affairs with the Ministry of Energy and Mines, Peru, in support of the permitting application. Ecosoul's scope also includes professional archaeological investigations and community workshops along with the nec...

Highwood Asset Management Ltd. is pleased to provide updated guidance for 2024. Guidance Increase As a result of operational outperformance from the most recent drilling campaign, and while supported by a now higher oil price strip, Highwood is in a position to increase its 2024 capital plan to $60-65 million resulting in upwardly revised forecasted 2024 average & exit production guidance of 5,500-5,700 boe/d and 6,400-6,500 boe/d , respectively, while continuing to maintain the same target 2024 net debt / 2024 exit EBITDA ratio of approximately 0.8x. Over the 12 month period ended December 2024, Highwood expects to grow production per share by over +50% , while still reducing debt by approximately 25%. Highwood is pleased to announce the following updates to its 2024 guidanc...

Metallis Resources Inc. reports that following recent compilation work of its historic database, the geological team has identified highly elevated antimony assays, significantly increasing the critical mineral potential of the Company's Greyhound Property . The economics of critical minerals are supported by the US Infrastructure Act as demonstrated by recent high-profile moves from the U.S. Departments of Energy and Defense to finance the nearby Stibnite Mine which has significant antimony reserves and is owned by Perpetua Resources. Fiore Aliperti, Metallis' President and CEO commented, "Recent news released by Perpetua announcing $1.8 billion in debt financing has demonstrated to the market the commitment and resolve of the American government to establish a local supply ...

GR Silver Mining Ltd. -announces that the Company has granted stock options , Deferred Share Units and Performance Share Units to eligible persons in accordance with the Omnibus Long-Term Incentive Plan approved by the Board on August 2, 2022 and approved by shareholders at the Company's Annual General Meeting held on September 18, 2023, and subject to the policies of the TSX Venture Exchange . The Company granted an aggregate 1,580,000 incentive stock options under the Plan to certain employees, executive officers, directors, and consultants, which options have a five-year term and fully vested on their date of grant. The Company also granted an aggregate 1,800,000 incentive stock options under the Plan to certain directors and executive officers, which options have a five-y...

EDM Resources Inc. is pleased to announce that it continues to make significant progress on the required environmental work that is necessary for the restart of the Scotia Mine. Completion of three of four seasons of sampling for Atlantic Salmon DNA as required by the Department of Fisheries and Oceans . Reconnaissance work to identify additional potential locations for stream and/or river restoration required by the DFO for the fish habitat offsetting plan. "We are pleased to report that the results of winter season of testing for Atlantic Salmon DNA, yielded no detection of Atlantic Salmon in or nearby the Scotia Mine. We anticipate the remaining one season of testing to also yield similar results which would be favourable for the restart of the Scotia Mine" said, Mr. Mark H...

Omai Gold Mines Corp. is pleased to announce the appointment of Marcel Cameron P.Eng. as Country Manager, Guyana. Mr. Cameron is a Mining Engineer with 25 years experience in mine planning, engineering and project management for large-scale open pit and underground operations in North and South America, Africa, Southeast Asia, and Guyana. He will be responsible for managing and advancing operations at the Company's 100% owned Omai gold project, overseeing permitting and community engagement, and leading the Company's broader business activities in Guyana. Elaine Ellingham, President and CEO comments: "We are pleased to welcome Marcel to the team. His extensive hands-on experience with technical and mine planning for advanced stage projects will drive forward the next phases o...

Hycroft Mining Holding Corp. announces quarterly results for the three months ended March 31, 2024. Diane R. Garrett, Hycroft's President & CEO, commented: "The first quarter of the year continued to build on the strong results produced from our 2022-2023 exploration drill program, which identified a new high-grade silver discovery below the current resource pit that is truly a game changer for the Hycroft Mine. This new discovery has been very well received by the market and is bringing renewed attention to this world-class asset at an opportune time when commodity prices are also putting a spotlight on precious metals companies. "To underscore the excellent work and successful results by our team, the market has responded positively and in addition, the Company has been incl...

MAX Power Mining Corp. reports that it is increasing the size of its non-brokered private placement announced on May 3, 2024. The original Offering of 8,500,000 units will now be for up to 9,745,744 units of the Company placed with strategic investors at a price of $0.195 per Unit for gross proceeds to MAX Power of up to $1,900,420 . The Offering is scheduled to close on or about May 15, 2024 and completion of the Offering is subject to certain conditions including the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange . The Company has posted an amended and restated offering document at www.sedarplus.ca and on the Company's website at www.MaxPowerMining.com. Private Placement Terms Each Unit will consist of one common share in the ...

Forge Resources Corp. is pleased to announce the scheduled start of mobilization on May 18, 2024, of equipment and fuels to commence the re-establishment of camps and construction of drill pads. On or about May 24, drill crews will travel to site and commence drill testing of the priority targets. Lorne Warner P.Geo, President of Forge Resources, states: "We are excited to restart our Phase 1 drilling program. Based on last year's successful results and quality of targets, we have high expectations of further success. I anticipate being in camp for most of the drilling to help guide the program and observe the cores alongside our partnered operators, Archer Cathro." Drill Plan Recap The company is proposing to complete up to 5 drill holes for a total of 2,500 metres as part o...

VANCOUVER, BC, May 7, 2024 /CNW/ - The following issues have been halted by CIRO Company: Axmin Inc. TSX-Venture Symbol: AXM All Issues: Yes Reason: Cease Trade Order Halt Time : 7:45 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any...