TSX and OTC: MPVD Mountain Province Diamonds Inc. today announces financial results for the first quarter ended March 31, 2024 from the Gahcho Kué Diamond Mine . All figures are expressed in Canadian dollars unless otherwise noted. Financial Highlights for First Quarter 2024 938,000 carats sold, with total proceeds of $89.4 million at an average realised value of $95 per carat . Adjusted EBITDA1 of $50.0 million. Earnings from mine operations of $30.4 million. Net income of $6.8 million or $0.03 basic and diluted earnings per share2. 1Cash costs of production, including capitalized stripping costs, and adjusted EBITDA are non-IFRS measures with no standardized meaning prescribed under IFRS. See "Reconciliation of non-IFRS measures" at the end of the news release for explanati...

Endeavour Silver Corp. announces its financial and operating results for the three months ended March 31, 2024. All dollar amounts are in US dollars . "We are pleased to report a solid start to the year with consolidated production and operating costs meeting expectations," stated Dan Dickson, CEO of Endeavour Silver. "Guanacevi continues to perform well, generating operating cash flow which we are reinvesting in the business. The higher precious metal prices will further enhance our cash flow, as we advance Terronera towards commissioning in late 2024." Q1 2024 Highlights Production Tracking Towards Upper Range of Guidance: 1,460,006 ounces of silver and 10,133 oz of gold for 2.3 million oz silver equivalent . Strong Revenue from Higher Realized Prices: $63.7 million from the...

Madison Metals Inc. announces an amendment to its agreement with Great Northern Energy Inc. on Madison's Kenora Uranium Project. Under the revised terms, Madison Metals has agreed to extend the first-year expenditure commitments into the second year of the agreement. This extension requires Great Northern Energy to invest CDN $600,000 in exploration activities by May 3, 2025, and an additional CDN $300,000 by May 3, 2026. Successfully meeting these commitments will enable Great Northern Energy to earn a 60% interest in the project. Once Great Northern Energy satisfies the agreed earn-in terms, Madison Metals will retain a 40% carried interest, thereby holding a significant stake without any further funding obligations on the project. Stock Options ...

GFG Resources Inc. announces the signing of a binding letter of intent for the sale of its 100% owned Rattlesnake Hills Gold Project to Patriot Gold Vault Ltd., . Under the terms of the LOI, which will be formalized by a definitive agreement between the parties within forty-five days , Patriot will pay GFG an aggregate consideration of approximately C$3.3 million. "We are excited to announce our agreement with Patriot for the sale of our Rattlesnake Hills Gold Project," stated Brian Skanderbeg, President and CEO of GFG. "The Patriot team's impressive track record gives us great confidence in their ability to drive the Project forward from both an exploration and development perspective. This deal enhances shareholder value through staged cash payments that strengthen our trea...

NexGen Energy Ltd. is pleased to announce the Company will host its 2024 first quarter conference call on Tuesday, May 14, 2024, at 8:30 am Eastern Standard Time. During the call, NexGen's President and Chief Executive Officer, Leigh Curyer, Chief Commercial Officer, Travis McPherson, and Chief Financial Officer, Benjamin Salter will provide an update on the Company's 100% owned Rook I Project covering all aspects including, finalization of the Federal permitting and licensing process, project development, new exploration discovery, treasury and financing, as well as current market dynamics including marketing strategy. Call-in Details: Date: Tuesday, May 14, 2024 Time: 8:30 am Eastern Standard Time RapidConnect URL: https://emportal.ink/3VJ6lU3 North America Toll Free: 1-888...

Cabral Gold Inc. is pleased to announce that it has extended its RC drilling program at the Cuiú Cuiú gold district, located in Para state in northern Brazil. This follows a successful recent round of drilling designed to both upgrade and increase the grade of mineralization within the near-surface blanket and saprolite oxidized material at both the Central and MG gold deposits. Highlights Cabral is planning a focused RC drilling program directed at the following areas: The Machichie Main zone target which is 500m north of the MG gold deposit. Recent drilling within the Machichie Main zone returned excellent results in the oxide material including 30m @ 2.6 g/t gold, suggesting the presence of additional higher grade oxide material. Previous drilling and trenching at Machichi...

KONÉ PROJECT HIGHLIGHTS: Montage receives Ministerial Order from the Ministry of Environment, Sustainable Development and Ecological Transition of Côte d'Ivoire granting the environmental permit for the development of its Koné project The mining permit application for the Koné project has been submitted and all approvals are expected in H2-2024 President Alassane Ouattara of the Republic of Côte d'Ivoire expressed his strong support for the development of the Koné project in a press conference held on May 2, 2024 ABIDJAN, Côte d'Ivoire, May 9, 2024 /CNW/ - Montage Gold Corp. is pleased to announce that it has received a signed Ministerial Order from the Ministry of the Environment, Sustainable Development and Ecological Transition of Côte d'Ivoire granting the environmental a...

Tudor Gold Corp. is pleased to announce that crews are on site preparing camp and drill locations for the Company's upcoming 2024 exploration program at its flagship Treaty Creek Project, located in the Golden Triangle of Northwest British Columbia. Two diamond drills were mobilized to the project on May 7th and 8th and drilling is expected to commence on May 9th. Phase 1 of the 2024 exploration program is expected to consist of approximately 10,000 meters of diamond drilling at the Goldstorm Deposit. The primary objective of the Phase 1 drill program is to expand and upgrade the recently released Mineral Resource Estimate . Several drill holes have been designed as step-out drilling to the high-grade Supercell One system identified in 2023 . Supercell One is a gold dominant,...

Dryden Gold Corp. is pleased to announce its plans for the 2024 spring and summer work program. The program will consist of a focused relogging and re-assaying of historic core and from the known high-grade zones in the Gold Rock Camp. The program will also include systematic field exploration at the newly acquired Cross River property based on geologic and geophysical interpretation. The primary focus of the relogging program is on the Big Master gold system but will include other strategic areas particularly emphasizing the known high-grade zone. Specifically, the program will examine mineralization within the sheared volcanic units comprising the newly identified hanging wall and footwall structures. These structures surround the Big Master 1 and Big Master 2 vein structur...

Bayridge Resources Corp. is pleased to announce the engagement of Geotech Ltd., to undertake a helicopter supported VTEM survey on its 1,337 ha Waterbury East uranium project in Canada's Athabasca Basin. "Bayridge is getting a quick start on exploration of its key Athabasca Basin assets with the imminent VTEM survey at Waterbury East," commented President & CEO Saf Dhillon. "The Company anticipates the results of the Geotech survey will further delineate the prospective ENE trending corridor in preparation for a fully funded 2024 Q2 drill program," he continued. The Waterbury East project is underlain by geology favourable to hosting both unconformity-hosted and basement-hosted uranium deposits. These deposits are typically associated with graphitic metasediments and structur...

Abitibi Metals Corp. is pleased to announce it will be completing a high resolution property wide Gravity Survey at the B26 Polymetallic Deposit scheduled to commence on May 14th. The objective of the Survey is to obtain a signature of the B26 deposit environment and to identify other similar targets on the Property. On November 16th, 2023, the Company entered into an option agreement on the B26 Deposit to earn 80% over 7 years from SOQUEM Inc . Jonathon Deluce, CEO of Abitibi Metals, commented, "This first phase gravity survey is planned for the entire B26 Property and will serve as an important tool in understanding the Deposit and the potential of the Project overall. We will use the Survey to delineate the gravity signature of the B26 Main Deposit, including...

TSXV:OIII | OTCQX:OIIIF - O3 Mining O3 Mining Inc. is proud to announce it has published its 2023 environmental, social, and governance report outlining the Corporation's performance, practices and commitments to developing its projects responsibly. The 2023 ESG report is O3 Mining's fourth report outlining the assessment of ESG performance throughout the years. We are aware that the practice of sustainable and responsible development in our business is constantly evolving, requiring ongoing commitment and reflection. We continue to work with our stakeholders to create a sustainable future while building the projects of tomorrow. Highlights Received two awards for excellent practices in sustainable development from the Quebec Mineral Exploration As...

Omineca Mining and Metals Ltd. is pleased to report that recovery and processing of gold bearing gravels has begun at the Wingdam Paleoplacer project located in the Cariboo Mining District in south central British Columbia. 10.25 ounces of placer gold with 90.9% Au purity was recovered from the first ~2.5 meters of advance at the bedrock contact of the paleochannel in Crosscut #3. The initial thickness of the gravels exposed in the face overlying bedrock was approximately 0.5 - 1.0 meters which is expected to increase in thickness as the bedrock rim dips toward the center of the channel floor. These initial recoveries are still in large part at the bedrock interface and are comparable with recoveries in the similar peripheral area of the channel at the 2012 bulk sample locati...