Orezone Gold Corp. is pleased to provide an update on its Phase II hard rock expansion and a three-year production forecast for its Bomboré Gold Mine located in central Burkina Faso. The Company originally contemplated constructing an independent 4.4 million tonnes per annum hard rock plant in a single stage as outlined in its 2023 feasibility study. Following a recent review of available financing sources, the Company has decided to complete this brownfield expansion in two stages to better manage its capital requirements. Stage 1 will consist of an initial 2.5Mtpa hard rock plant, with a subsequent Stage 2 expansion increasing the hard rock throughput to 5.0-7.0Mtpa. The existing Phase I oxide plant will continue to process oxide ore at a targeted rate of 6.0Mtpa. The capit...

Akwaaba Mining Ltd. previously announced its private placement of up to $103,600 CAD in common shares at a purchase price of $0.14 per share on February 8, 2024 and its partial closing of the private placement on February 20, 2024. The Company is pleased to announce that it has closed on a remaining $75,000 of the Offering . No new insiders were created because of the closing of the Second Tranche. As an Insider participated in the Second Tranche of the Offering, the transaction constitutes a related party transaction within the meaning of the TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from formal valuation and minority shareholder approval requireme...

 Global Atomic Corp. , is pleased to report that on May 3, 2024, Niger's Mines Minister, Commissaire Colonel Ousmane Abarchi, joined local dignitaries, including the Agadez Region Governor and local community authorities as well as SOMIDA employees for a tour the Dasa Project. The visit was part of the Minister's tour of significant exploration and mining projects in the Agadez Region of northern Niger. The high-level delegation visit included: a tour of underground development now exceeding 1,000 meters, with 5 levels of development underway to access the orebody and prepare stopes for mining a review of the mine design and current 23-year mine plan the official ceremony to commence earthworks in preparation for plant construction a review of the plant design and timel...

Western Copper and Gold Corp. announces it has completed the previously announced private placement with Rio Tinto Canada Inc. pursuant to Rio Tinto's subscription rights as a result of the Company's recent issuance of common shares. Rio Tinto acquired 2,609,890 common shares of the Company at a price of C$1.90 per share for proceeds of C$4,958,791, allowing Rio Tinto to maintain its interest of approximately 9.7%. ABOUT WESTERN COPPER AND GOLD CORPORATION Western Copper and Gold Corp. is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world. The Company is committed to working collaboratively with our First Nations and local communities ...

Gatos Silver Inc. today announced its first quarter 2024 financial and operating results. The Company will host an investor and analyst call on May 7, 2024, details of which are provided below. The Company has a 70% interest in the Los Gatos Joint Venture , which in turn owns the Cerro Los Gatos mine in Mexico. Production for the first quarter of 2024 was previously disclosed on April 9, 2024. The Company's reporting currency is US dollars. Dale Andres, CEO said: "During the first quarter we continued to add cash to the balance sheet mainly because of the previously disclosed strong operational performance at the LGJV. All-in sustaining cost per silver ounce was at the lower end of 2024 guidance thanks to improved operating efficiencies, which helped to offset inflationary co...

Tantalex Lithium Resources Corp. - - , is pleased to announce a first tranche closing of a non-brokered private placement for gross proceeds of USD$250,000 . The Corporation has issued 9,765,714 common shares at a price of $0.035 per Common Share of the Corporation. The Common Shares were issued based on an exchange rate of USD$1.00 = CDN$1.372. The Corporation did not pay any finder's fees on a portion of the Private Placement. Mr. Simon Collins, a director of the Corporation, acquired 9,765,714 Common Shares for total consideration of CDN$341,800. The participation of Mr. Collins, an insider of the Corporation, constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions . No...

Modular design provides scalability and smaller footprint Technology effective with diverse brine resources, including oilfield produced brines, as well as subterranean brines VANCOUVER, BC and HOUSTON, May 6, 2024 /CNW/ -- International Battery Metals Ltd. , today announced an agreement with US Magnesium LLC for the installation of its first-of-its-kind, patented modular direct lithium extraction plant installed at a brine resource. The mobile facility is co-located at US Mag's existing operations outside Salt Lake City, Utah. IBAT's plant will process brine produced from lithium-containing waste-magnesium salts. The resulting lithium chloride product will provide feed for high-purity lithium carbonate production by US Mag. Modular, transportable design. In the last month, I...

VANCOUVER, BC, May 6, 2024 /CNW/ - Trading resumes in: Company: South Star Battery Metals Corp. TSX-Venture Symbol: STS All Issues: Yes Resumption : 2:30 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 information about a specific hal...

Ur-Energy Inc. is pleased to announce that its Chairman and CEO, John Cash, will present at the Emerging Growth Virtual Conference on Thursday, May 9, 2024. Mr. Cash will present an update on Lost Creek production operations and build-out of our Shirley Basin Project. Mr. Cash is presenting Thursday, May 9, 2024, from 12:35 p.m. to 1:05 p.m. Eastern Time. Ur-Energy invites you to attend its presentation at the Emerging Growth Conference. Please register to ensure you are able to attend the Conference and to receive updates that are released. Register here: https://goto.webcasts.com/starthere.jsp?ei=1658202&tp_key=3a47c30b43&sti=urg. If you wish to submit questions for Mr. Cash to answer if time permits, please do so by submitting in advance at Questions@EmergingGrowth....

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...

Horizon Minerals Ltd. CEO Grant Haywood sits down with Jonathan Jackson in the Proactive studio to discuss a binding ore sale agreement with Paddington Gold Pty Ltd, a subsidiary of Norton Gold Fields Ltd., for the processing of 1.4 million tonnes of ore from Horizon's Boorara Gold Project. This ore will be treated at Paddington's 3.8 million tonnes per annum capacity mill, approximately 56 kilometres from Boorara in Western Australia. The agreement covers a processing period of 22 months starting in the September 2024 quarter.Under the terms of the agreement, Horizon will manage mining and transportation of the ore to Paddington's mill. Payments will be made to Horizon within five days of ore delivery, amounting to 50% of gross revenue after deductions for estim...

Vancouver, May 06, 2024 - Arizona Gold & Silver Inc. is pleased to share progress on reverse circulation drilling on the Philadelphia Gold-Silver Property, located in Mohave County, Arizona. Mr. Greg Hahn, VP Exploration commented, "Drilling is testing the 400 metre strike length of the Resaca patented claim, a segment of the Philadelphia vein system that had not been previously drilled. The area being tested has 5-20 metres of alluvial cover. It is bounded to the north by old mine workings and to the south by extensive exposures of stockwork quartz on the Rising Fawn claim. Prior drilling on the Rising Fawn intersected thick intercepts of gold mineralization below stockwork quartz outcrops. Current drilling has intersected stockwork quartz in all 18 drill holes completed to ...

Standard Uranium announces that effective at the opening of markets on or about May 8, 2024, the Company will complete its previously announced consolidation of its outstanding common share capital on the basis of one post-Consolidation common share for every five pre-Consolidation common shares. The post-Consolidation common shares of the Company will continue to trade under the existing ticker symbol "STND" and the new CUSIP: 85422Q848. The Consolidation is being undertaken to increase flexibility and competitiveness in the market, and to make the Company's securities more attractive to a wider audience of potential investors. As a result of the Consolidation, the Company's currently outstanding 230,649,292 common shares will be reduced to approximately 46,129,859 comm...