Globex Mining Enterprises Inc. is pleased to inform shareholders that Brunswick Exploration Inc. has reported additional significant Li2O intersections on Globex's Lac Escale royalty claims in the Eeyou Istchee - James Bay Region of Quebec. Intersections of up to 1.55% Li2O over 93.45 m and 1.05% Li2O over 34.05 m were encountered. Central Zone of the Lac Escale Royalty Claims. Table 1: Highlights from 2024 Winter Drilling Program Reported in Brunswick Press Release. Hole ID Zone Dyke From To Length Li2O% Ta2O5 MR-24-43 North MR-8 9.85 28.45 18.6 1.27 81 and 83.95 86.7 2.75 0.99 101 MR-24-44B 14.4 31 16.6 0.95 81 MR-24-46 35.4 52 16.6 0.87 97 MR-24-48 43 61.5 18.5 0.80 93 MR-24-53 225 227.2 2.2 0.55 143 and 251 274 23 0.33 95 MR-24-54 North MR-8 66.55 71.35 4.8 1.10 198 MR-24-...

Ares Strategic Mining Inc. is pleased to announce a non-brokered private placement offering consisting of a minimum of 5,555,555 units of the Company and a maximum of 22,222,222 Units at a price of $0.18 per Unit for gross proceeds of a minimum of $1,000,000 and a maximum of $4,000,000 . Each Unit shall consist 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 additional Common Share in the capital of the Company at a price of $0.26 per Common Share for a period of two years following the closing date of the LIFE Offering, provided, however, that if the 10-day volume-weighted average trading price of the Common Shares as quoted on the Canadian Securities Exchange is equal to or greater...

International Tower Hill Mines Ltd. - today announced that it has filed its unaudited first quarter Financial Statements and associated Management Discussion and Analysis and Quarterly Report on Form 10-Q for the three-month period ended March 31, 2024. Shareholders can obtain copies of the Company's unaudited first quarter Financial Statements and associated Management Discussion and Analysis and Form 10-Q on SEDAR+ at: www.sedarplus.ca, EDGAR at www.sec.gov and on the Company's website at: www.ithmines.com. The Company will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the Company. About International Tower Hill Mines Ltd. International Tower Hill Mines Ltd. has a 100% interest in its L...

Nine Mile Metals is pleased to announce that it has engaged EarthEx Geophysical Solutions Inc. to conduct two Borehole Electromagnetic surveys, one at California Lake and a second at the Wedge, as shown in Figure 1. Permit applications have been submitted and received from the Department of Natural Resources in Fredericton, New Brunswick. The EarthEx crew is scheduled to mobilize the 1st week of June from their Headquarters in Manitoba. Figure 1: BHEM Collar Locations, California Lake and the Wedge . To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7335/208708_56d3250c740ea849_002full.jpg Borehole EM surveying is a High-Resolution Time Domain EM technology that involves the laying of a transmitting loop to the side of the ...

Lancaster Resources Inc. a leader in critical mineral exploration, is pleased to announce the appointment of Mr. Vincent Chen, CPA, as an independent director to its Board of Directors, effective May 9, 2024. Vincent brings a wealth of expertise and a robust background in accounting and corporate development within the mining sector. He began his distinguished career at PricewaterhouseCoopers in the mining assurance team in Toronto, where he earned his Chartered Professional Accountant designation. Following his tenure at PricewaterhouseCoopers, Vincent joined Yamana Gold Inc. , serving as a Senior Analyst on the corporate reporting team. Most recently, Vincent held the position of Senior Associate of Corporate Development and Investor Relations at Forbes & Manhattan, a promi...

Monumental Energy Corp. is pleased to announce that it has increased its strategic investment in New Zealand Energy Corp. . Pursuant to NZ's $5,000,000 non-brokered private placement completed on May 9, 2024 , Monumental acquired an additional 293,333 common shares of NZ at a price of $0.75 per share for a total subscription price of $220,000. Together with Monumental's initial investment in December 2023, the Company holds a total of 1,293,333 common shares of NZ which represents approximately 8.63% of NZ's issued and outstanding common shares. Maximilian Sali, VP Corporate Development and Director of Monumental comments: "Since our initial investment at the end of last year, NZEC has made great progress in terms of preparation for oil well workovers at Copper ...

Homerun Resources Inc. is pleased to announce that the Company has granted 500,000 stock options to officers of the Company. The options have an exercise price of 75 cents per share, expire five years from the date of the grant and are subject to TSX Venture Exchange approval. About Homerun Resources Homerun Resources is focused on the development of its business within the critical and energy materials sectors. With a steadfast commitment to operational excellence, sustainability, and building shareholder value, Homerun Resources Inc. is poised to make a lasting impact in these industries. On behalf of the Board of Directors of Homerun Resources Inc. "Brian Leeners" Brian Leeners, CEO & Director brianleeners@gmail.com / +1 604-862-4184 The informa...

American Creek Resources Ltd. is pleased to announce that crews from JV partner Tudor Gold are on site preparing camp and drill locations for the upcoming 2024 exploration program at the 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 commenced 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 ...

Xplore Resources Corp. announces that it has closed its previously announced private placement of 21,050,000 units of the Company at a price of $0.10 per unit for gross aggregate proceeds of $2,105,000 . Each unit consists of one common share of the Company and one non-transferable share purchase warrant, with each warrant exercisable to acquire one additional common share of the Company for a period of two years from the date of issuance at a price of $0.15 per share. Net proceeds raised under the Placement will be used to extinguish debt, for exploration work on the Company's exploration properties and for general working capital. All securities issued pursuant to the Placement, including any shares issuable on exercise of the warrants, are subject to a hold period until Se...

Golden Minerals Company announces it has entered into a definitive agreement to sell the primary assets comprising its Velardeña Properties, located in Durango State, Mexico. On April 29, 2024, two of Golden's Mexico subsidiaries, Minera William S.A. de C.V. and Minera Labri S.A. de C.V. entered into certain asset purchase and sale agreements with a privately held Mexican company whereby Minera William and Minera Labri agreed to sell certain mining concessions, equipment, land parcels and other assets to the buyer in exchange for an aggregate purchase price of $5.5 million in cash, plus Value-Added Tax . The assets being sold include the Velardeña and Chicago mines, both of the Company's oxide and sulfide processing plants and related equipment. Under the terms of the sales a...

AngloGold Ashanti plc today reported a 2% year-on-year increase in first quarter gold production1, in line with its plans and despite the previously reported impact of rains and flooding in Western Australia on gold production which contributed to a drop of about 15,000oz in production in the first quarter relative to the previous quarter. The Company reconfirmed its 2024 full-year gold production guidance and its 2024 annual gold production forecast for Obuasi in Ghana, which continues its ramp-up. "This is a good start to the year, with another strong safety result and a good overall performance from the portfolio," said Chief Executive Officer Alberto Calderon. "We're seeing greater consistency from most of our operations; in Brazil, both sites have shown significantly bett...

Bayridge Resources Corp. is pleased to announce that, pursuant to its definitive option agreements with CanAlaska Uranium Ltd. , through which the Company may earn up to an 80% interest in each of CanAlaska's Waterbury East and Constellation Projects in the Athabasca Basin, the Company has paid CanAlaska an aggregate of $490,000 in cash and issued to CanAlaska an aggregate of $685,000 worth of common shares . With this tranche of Cash Payments and Share Issuances complete, the Company now must incur exploration expenditures of $1,500,000 within the next 18 months from the time of commencement at each of the Projects in order to earn its initial 40% interest in each of the Projects. About Bayridge Resources Corp. Bayridge Resources Corp. is a green energy company...

Highlights: Continued presence of wide spodumene-mineralized pegmatites containing high-grade intervals at the Mia Zone confirmed: 13.7 m at 1.28% Li2O, including 9.1 m of 1.79% Li2O 8.8 m at 1.33% Li2O, including 5.8 m of 1.71% Li2O Continuity of mineralization at the Mia 1, 2 & 3 zones Q2 Metals Corp. is pleased to announce core assay results for the drill program completed in the winter of 2024 at the Company's wholly owned, 8,668 hectare Mia Lithium Property located in the Eeyou Istchee James Bay Territory of Quebec. The 2024 Winter Drill Program targeted the western end of the more than 10-kilometre-long Mia Lithium Exploration Trend , located 22 kilometres from the Billy Diamond Highway, proximal to major hydro-powerline and all-season road infrastructure. The Mia Trend...