Cascadia Minerals Ltd. is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement for total proceeds of C$1,518,400 . The second tranche consisted of an aggregate of 2,015,000 flow-through units at a price of $0.20 per FT Unit and 1,232,223 non-flow-through units at a price of $0.18 per NFT Unit for proceeds of C$624,800. Each NFT Unit comprises one common share and one common share purchase warrant . Each NFT Warrant shall be exercisable into one additional common share until May 3, 2026, at an exercise price of $0.28 per NFT Warrant. Each FT Unit comprises one flow-through common share and one common share purchase warrant also issued on a non-flow-through basis. Each FT Warrant shall be exercisable into...

We are issuing this statement in response to recent allegations made by the Special Committee of Nickel 28 Capital Corp. , concerning the terminations of Mr. Anthony Milewski, Mr. Justin Cochrane, and Mr. Conor Kearns . The Special Committee has made several claims regarding the circumstances surrounding the terminations of the Founding Management Team. We categorically deny these allegations and assert that they are unfounded and highly misleading. The Founding Management Team believes that these terminations are part of the year-long contest for control of Nickel 28 launched by Ned Collery of Pelham Investments. This contest saw Brett Richards along with Ned Collery join the board of directors of Nickel 28 and work together to take control of the Company. Since the new Boar...

South Star Battery Metals Corp. is pleased to announce the execution of a binding sales agreement for the initial purchase of 100 tonnes of the Company's graphite concentrate from its Santa Cruz Graphite Mine in Brazil. The material will be shipped in five industry-standard intermodal ISO 20-foot shipping containers, each holding 20 one-tonne super sacks. South Star anticipates that initial orders will be fulfilled and delivered during Q3 2024. The Agreement was formally executed on May 3, 2024, with a prominent American industrial graphite customer . The US Client has also expressed interest in negotiating regular purchases, pending positive test results for specific applications. For competitive reasons, the US Client's identity and the Agreement's specific commercial detai...

OEMs must show meaningful progress toward having a North American supply chain in place before January 2027 Northern Graphite Corp. is pleased to provide comment on the Biden Administration's new, two-year certification requirements for auto and battery makers under the final implementation rules of the Inflation Reduction Act's Section 30D Clean Vehicle Tax Credit. The Biden administration announced a decision on May 3 that deems graphite as untraceable and allows Original Equipment Manufacturers a two-year "transition" period to source Battery Anode Material from China while local North American production is established. BAM is made from a blend of natural and synthetic graphite and has been deemed untraceable due to the difficulty in determining the source of crude oil us...

Trailbreaker Resources Ltd. is pleased to announce it has received a multi-year area-based exploration permit for the Swan target at the Atsutla Gold Project in northern British Columbia . The permit will allow Trailbreaker to conduct advanced exploration at the Swan target, including geophysical surveying and future diamond drilling, in order to better define the mineralization system. Trailbreaker is currently planning its 2024 exploration activities for Swan, including an induced polarization survey covering a strong multi element geochemical anomaly coincident with argillic alteration. The survey is designed to identify any chargeability and resistivity features potentially associated with mineralized alteration zones. As porphyry deposits often form in clusters, addition...

Lomiko Metals Inc. is pleased to announce it has completed more research and development within the mandate of the CRITM grant and Phase 1 of the material characterization, micronization, spheriodization, coating, thermal purification and half-coin cell battery testing of its La Loutre graphite material, conducted by the National Research Council of Canada . The Phase 1 NRC testing was conducted on 0.6kg of flake graphite over 8 months, using a larger sample than the Polaris Study to confirm once again that the La Loutre material can meet battery requirements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240506402432/en/ Figure 1: La Loutre coated spherical graphite - cSPG This study was first announced on July 2...

Cautionary Statements This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those...

Vancouver, British Columbia - May 6, 2024 - TheNewswire: Gold Basin Resources Corp. - today announced the signing of a property option agreement made as of May 3, 2024 with Iconic Minerals Ltd. and a wholly owned subsidiary of Iconic , whereby Gold Basin can acquire from the Vendors a 50% interest in and to the New Pass gold property consisting of 107 unpatented mineral claims located three hours east of Reno, just off Highway US-50E in Churchill County, Nevada. Highlights New Pass hosts the Carlin-type New Pass Gold-Silver deposit, with a historical NI 43-101 Inferred Mineral Resource of 341,750 ounces of gold equivalent , and separate estimates of gold-only and silver-only of 282,986 oz Au and 3,134,129 oz Ag; The NI 43-101 report includes a "Potential Exploration Target" o...

Founders Metals Inc. is pleased to welcome Katie MacKenzie as the Company's Vice President of Corporate Development. Ms. MacKenzie will report directly to Founders' CEO, Colin Padget, and will be responsible for the Company's investor relations and corporate development activities. President and CEO, Colin Padget, commented "We are excited to welcome Katie to the Founders team. Her unique skillset and experience in both geology and capital markets will be instrumental in continuing to grow and unlock value at our Antino Gold Project." Ms. MacKenzie has nearly a decade of experience in the mining industry. Prior to Founders, she began her career as a geologist working for both junior and major mining companies. Most recently, Katie held the position of Director of Investor Rel...

Appia Rare Earths & Uranium Corp. announced today the confirmation of the presence of Ionic Adsorption Clay rare earth elements at the PCH project. A total of 100 samples were sent to AGS Laboratories in La Serena, Chile and the results consistently indicated that the regolith developed over the Ipora Granite presented significant recoveries for Magnet Rare Earth Oxides and Heavy Rare Earth Oxides consistent with the expected profile of an IAC ore. Stephen Burega, President, commented, "We are very excited with the recoveries of this first phase of testing. The desorbable Magnet and Heavy Rare Earth recoveries achieved in these initial desorption tests confirm high-grade ionic adsorption clay characteristics which compare very favourably to commercially viable operations in C...

StrategX Elements Corp. , announces it has closed a non-brokered private placement previously announced on March 26, 2024, and has issued 2,900,000 common shares for gross proceeds of $290,000. In connection with the financing, the Company paid a total of $12,000 as finder's fees. All shares issued under the private placement are subject to a hold period expiring September 4, 2024, in accordance with applicable securities laws and the policies of the CSE. About StrategX StrategX is a Canadian-based exploration company focused on discovering critical metals in northern Canada. With five strategic projects situated on the East Arm of the Great Slave Lake, Northwest Territories and the Melville Peninsula, Nunavut, we're leading discovery in untapped regions. This first-mover adv...

Iconic Minerals Ltd. is pleased to announce that it has entered into a property option agreement made as of May 3, 2024 with Gold Basin Resources Corp. , whereby Gold Basin can acquire from Iconic and Iconic's wholly owned subsidiary a 50% interest in and to the New Pass gold property consisting of 107 unpatented mineral claims located three hours east of Reno, just off Highway US-50E in Churchill County, Nevada. Richard Kern, Iconic's President and CEO, stated, "We are pleased to announce the signing of the Option Agreement and are encouraged that Gold Basin will be focusing its efforts to advancing New Pass, and we look forward to holding a vested interest in Gold Basin as it unlocks value through the future advancements of the Property." Transaction Details P...

Mandalay Resources Corp. announced today that its first quarter 2024 financial results will be released after market close on May 08, 2024, followed by a conference call and webcast with Frazer Bourchier, President and Chief Executive Officer of Mandalay, for investors and analysts on May 09, 2024, at 8:00 AM . You may join by using the following dial-in number: Participant Number : 1-800-836-8184 Conference ID: 24355 Alternatively, please register for the webcast here. A replay of the conference call will be available until 11:59 PM , May 16, 2024, and can be accessed using the following dial-in numbers: Encore Number : 1-888-660-6345 Encore Replay Code: 24355# About Mandalay Resources Corporation: Mandalay Resources is a Canadian-based natural re...