Highlights New high-grade spodumene pegmatite zone discovered at CV13. 34.4 m at 2.90% Li2O, including 21.9 m at 3.58% Li2O . Mineralization at shallow depth with a near-horizontal orientation, and open in multiple directions. Results pending for multiple follow-up holes. Focus of 2024 winter drilling at CV13 was step-out holes in support of a maiden mineral resource estimate for the pegmatite. The 2024 winter drill program , totaled 62,518 m , including 50,961 m at CV5, and 11,557 m at CV13, of which 46,651 m remain to be reported - 35,375 m at CV5, and 11,276 at CV13. Updated mineral resource estimate, scheduled for Q3 2024, will focus on upgrading the resource category at CV5 and include a maiden resource at CV13. May 7, 2024 - Sydney, Australia Patriot Battery Metals Inc....

VANCOUVER, BC, and HOUSTON, May 6, 2024 /CNW/ - International Battery Metals Ltd. , is pleased to announce that it has closed its previously announced non- brokered private placement financing . Pursuant to the Private Placement, the Company issued 18,642,134 units , with each Unit being issued at a deemed price of CAD$0.76632, for aggregate proceeds of USD$10,436,000 . Each Unit consists of one common share of the Company, and one Common Share purchase warrant , each Warrant entitling the holder thereof to acquire one Common Share for a period of two years from the date of issuance for an exercise price of CAD$0.9579 per Common Share. In connection with the Private Placement, the Company extended the expiry of 6,396,999 previously issued Common Share purchase warrants from A...

Osisko Development Corp. reports its financial and operating results for the three months ended March 31, 2024 . Q1 2024 HIGHLIGHTS Operating, Financial and Corporate Updates: 619 ounces of gold sold by the Company from operating activities in the first quarter, comprising of 585 ounces of gold sold from the Trixie test mine , and the balance from the Cariboo Gold Project by processing stockpiles at a third-party processing facility. $1.8 million in revenues and $2.0 million in cost of sales generated from operating activities in fourth quarter. On February 2, 2024, the Company announced that Mr. Francois Vézina resigned from his position as Senior Vice President, Project Development, Technical Services and Environment effective as of March 1, 2024 to pursue outside interests...

DLP Resources Inc. announces Mr. Donald Njegovan is stepping down as a Director of the Company effective May 9th, 2024 to focus on his duties at Osisko Mining Inc. Mr. Njegovan stated: "I would like to acknowledge the entire team at DLP for all their hard work, delivering exciting drill results and wish them the greatest success in their Phase II drill program!" The Board and Company wish to thank Don for his valuable insight and guidance for the past 3.5 years. The Company has started a search for a new Director with suitable experience. About DLP Resources Inc. DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and Peru, exploring for Base Metals and Cobalt. DLP is listed on the TSX-V, trading symbol DL...

Aura Minerals Inc. announces that it has filed its unaudited consolidated financial statements and management discussion and analysis for the period ended March 31, 2024 . The full version of the Financial and Operational Results can be viewed on the Company's website at www.auraminerals.com or on SEDAR+ at www.sedarplus.ca. All amounts are in thousands of U.S. dollars unless stated otherwise. Rodrigo Barbosa, President, and CEO of Aura, commented, "We finished the quarter with strong results, with production up 28% and EBITDA up 45% vs. Q1 2023, and Recurring Free Cash Flow of $19 million. This was achieved despite an average gold price increase of only 9.6% in Q1 2024, reaching $2,070/oz , and a decrease of copper prices of 6%, averaging at $3.86/lb in Q1 2024 . Furthermore,...

Artemis Gold Inc. has filed financial results for the three months ended March 31, 2024. The Company's consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2024 are available on the Company's profile on SEDAR+ and on the Company's website . About Artemis Gold Artemis Gold is a well-financed, growth-oriented gold development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The Company's current focus is the construction of the Blackwater Mine in central British Columbia approximately 160km southwest of Prince George and 450km northeast of Vancouver. The pr...

Further to the Cobalt Blue Holdings Ltd.'s announcement on 1 May 2024, please see the attached investor webinar presentation. Details of the webinar are set out below. Date: 8 May 2024 Time: 4.00 pm AEDT Format: Presentation update followed by Q&A Duration: 30 minutes Please register in advance for this free webinar: https://www.abnnewswire.net/lnk/V7GWYH9J After registering, you will receive a confirmation email containing information about joining the webinar. For enquiries, please email allysia.robinson@cobaltblueholdings.com *To view the Presentation Slides, please visit: https://abnnewswire.net/lnk/NEMO29JS About Cobalt Blue Holdings Limited: Cobalt Blue Holdings Ltd. is an exploration and project development company. Work programs advancing the Broken ...

Ascot Resources Ltd. today announces that effective May 9, 2024, Don Njegovan is stepping down as a Director of the Company to focus on his duties at Osisko Mining Inc. Ascot's remaining six Directors have appointed Derek White, current President and CEO of the Company, to replace Mr. Njegovan as Director, also effective May 9, 2024. Mr. Njegovan stated: "I would like to congratulate the Board of Directors and the entire team at Ascot for all of their achievements and wish them the greatest success in the future." The Directors and Management of Ascot wish to thank Don for his valuable insights and guidance for the past six and a half years of his service on the Board. On behalf of the Board of Directors of Ascot Resources Ltd. "Derek C. White" President & CEO F...

Arrow Minerals Ltd. is actively exploring the Simandou North Iron Project in Guinea, West Africa with the intention of discovering and developing a direct shipping grade iron mining operation as soon as possible. The Company intends to take full advantage of the multi-user rail infrastructure currently being developed for the benefit of the Winning Consortium and the SimFer Joint Venture due for commissioning from late 2025. Successful initial exploration has also generated valuable geological information which will greatly assist effectiveness of ongoing drilling; Hundreds of assays pending, five rigs operating Highlights - Strong assays from the first 5 holes including; o DALDDH006, 3.25 metres at 59.4% Fe from 50 metres, o DALDDH007, 3.75 metres at 63% Fe from surface, o D...

West Vault Mining Inc. announces that the TSX Venture Exchange has accepted the Company's notice of intention to renew its normal course issuer bid to purchase outstanding common shares of West Vault on the open market in accordance with the policies of the TSXV. The previous NCIB expired on April 10, 2024. Pursuant to the renewed NCIB, the Company may purchase up to 2.9 million common shares, representing approximately 5% of the 57,959,826 outstanding common shares of the Company as of May 3, 2024. Purchases under the renewed NCIB are authorized to commence on May 6, 2024, and terminate on the earlier of the Company purchasing a total of 2.9 million Common Shares, the Company providing a notice of termination, or on May 5, 2025. All purchases will be made through the facilit...

Mineros S.A. plans to release its first quarter 2024 financial and operating results on Thursday, May 9, 2024. Senior management will host a conference call on Friday, May 10, 2024, at 9:00 AM Eastern Daylight Time . Please register here to join us. About Mineros S.A. Mineros is a Latin American gold mining company headquartered in Medellin, Colombia. The Company has a diversified asset base, with mines in Colombia and Nicaragua and a pipeline of development and exploration projects throughout the region. The board of directors and management of Mineros have extensive experience in mining, corporate development, finance and sustainability. Mineros has a long track record of maximizing shareholder value and delivering solid annual dividends. For almost 50 years M...

Pacific Empire Minerals Corp. , a British Columbia copper-gold explorer, is pleased to announce the closing of its previously announced non-brokered, private placement financing 14,450,000 units at a price of $0.05 per unit for gross proceeds of $722,500 . Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant will entitle the holder to acquire one Common Share at an exercise price of $0.08 per Common Share for a period of 36 months from the closing date of the Offering. The funds will be used for exploration on its flagship Trident copper-gold-silver porphyry project and for general working purposes. In connection with the Offering, an aggregate total of C$26,075 in cash finder's fees were paid and 521,500 fi...

All financial figures are in Canadian dollars and all references to barrels are per barrel of bitumen unless otherwise noted. The Corporation's Non-GAAP and Other Financial Measures are detailed in the Advisory section of this news release. They include: cash operating netback, bitumen realization net of transportation and storage expense, operating expenses net of power revenue, energy operating costs net of power revenue, non-energy operating costs, energy operating costs, adjusted funds flow, free cash flow and net debt. MEG Energy Corp. reported its first quarter 2024 operational and financial results. "MEG's strong safety, operating, and financial performance in the first quarter of 2024 demonstrate the team's focus on operations excellence," said Darlene Gates, Chief Ex...