In this segment of The Ellis Martin Report, we visit with Alex Hanly, CEO of Lithium Universe Ltd. at the Energy Transition Metals Summit in Washington, DC. Mr. Hanly discusses the reasoning behind the stationing one of North America's only lithium refinery's in Becancour, Quebec, Canada. This plant will serve as a receiver of lithium feedstock from several places globally in addition to scores of Canadian companies operating in Eastern Canada. *To view Listen to the Interview, please visit: https://www.abnnewswire.net/lnk/N9D66QY0 About Lithium Universe Ltd: Lithium Universe Ltd. , headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of th...

Irving Resources Inc. is pleased to announce that the first diamond drill hole completed at the East Yamagano epithermal gold-silver vein project, Kyushu, Japan, has encountered high-grade gold mineralization. At a down hole depth of 184.0 metres, a 5.0-metre interval grading 9.62 gpt Au including 1.0 metre grading 45.90 gpt Au was encountered in hole 23SY-001 . A second interval of 1.33 metres grading 5.81 gpt Au was encountered beginning at 407.0 metres down hole depth. Both zones of mineralization are comprised of stockwork quartz-carbonate veinlets measuring a few millimetres up to a couple centimetres width. Visible gold was observed in fractures . This style of veining was reportedly common in the adjacent historical Yamagano Mine. True widths of the mineralized interva...

New step-out targets identified from high-powered electromagnetic surveys Aston Bay Holdings Ltd. is pleased to present the preliminary interpretation of the initial results from geophysical activities currently underway at the Storm Copper Project on Somerset Island, Nunavut. The program is being conducted by American West Metals Limited , who is the operator of the Project. American West has completed the required expenditures to earn an undivided 80% interest in the Project. American West will be solely responsible for funding the program. Highlights Preliminary interpretation of the initial Moving Loop Electromagnetic survey results has identified several new exploration targets highlighting excellent potential to discover additional copper mineralization The initial MLEM...

Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that, further to its news release of April 17, 2024, wherein the Company announced the execution of an option agreement for the right to purchase an undivided 100% interest in 38 mineral claims to the northeast of its flagship White Willow Lithium Pegmatite Project, the Abiwin Lithium Pegmatite Property , it has issued the first payment of $15,000 cash and 250,000 common shares to the Vendors . The Company also wishes to clarify that an aggregate of 1,000,000 Shares will be payable by the Company to the Vendors in accordance with the terms of the Option Agreement. The Option Agreement remains subject to the final approval of the TSX Venture Exchange . The Shares are subj...

Torq Resources Inc. is pleased to announce it is undertaking a private placement of up to 15,000,000 units of the Company at an offering price of $0.10 per Unit for gross proceeds to the Company of up to $1.5 million . Each Unit consists of one common share of the Company and one half of one common share purchase warrant of the Company . Each whole Warrant will entitle the holder thereof to purchase one common share of the Company at an exercise price of $0.15 per share at any time on or before the date which is 12 months after the closing date of the Offering . The Warrants are subject to an accelerated expiry if, anytime following the date that is four months after the Closing Date, the closing price of the common shares of the Company on the TSX Venture Exchange , or such ...

Rock Tech Lithium Inc. issues update on outstanding German subsidy application. Subsidy applications will shift to state-level. Rock Tech will not receive funds from federal TCTF-subsidies programme. Instead, negotiations continue to finalize financing programmes with the state of Brandenburg. The Federal Ministry for Economic Affairs and Climate Action has informed Rock Tech Lithium that it will not grant funding under the 'Resilience and Sustainability of the Battery Cell Manufacturing Ecosystem' program for the planned lithium refinery in Brandenburg. The reason being federal budget constraints. At the same time, the state of Brandenburg has promised its full support and is working hard to examine how the plant in Guben can be financially supported at state l...

Visible Gold Zone Intercept Returns 6.4m @ 30.6g/t AuEq From 53.3m Depth Meridian Mining UK. S , is pleased to provide an update on its drilling and exploration activities at its advanced Cabaçal copper-gold-silver VMS project in Mato Grosso, Brazil. Drill hole CD-470 has returned a zone of high-grade mineralization grading 16.0m @ 12.5g/t AuEq[1]Meridian Mining UK S including a high-grade zone hosting visible gold grading 6.4m @ 30.6g/t AuEq from 53.3m , within the Cabaçal Mine's Southern Copper Zone . CD-470 is part of an ongoing program[2] aimed at testing visible gold-rich areas within historical drilling records but with incomplete assay data, which were not incorporated into the Cabaçal Mineral Resource Estimate[3]. Importantly, CD-470 is located below a mining void, co...

Faraday Copper is pleased to announce the results of the Gold Program from the Keel Zone at the Copper Creek project. The results support the potential to unlock significant value through the contribution of payable gold in concentrate in future Mineral Resource Estimates 1. Paul Harbidge, President and CEO, commented "The results show that the Keel Zone hosts the largest gold-bearing domain on the property to date. For context, the Keel underground zone represents approximately 60 million tonnes of the 330 million tonnes in the current underground mineral resource. This newly acquired data, together with our recent metallurgical results, supports the potential for the addition of gold in concentrate as a significant source of by-product revenue that wou...

PJX Resources Inc. is pleased to announce Charles Fipke, Margot Naudie, and Brian Abraham have joined PJX as advisors to the Company. Charles "Chuck" Fipke is a renowned geologist and prospector who has been at the forefront of heavy mineral exploration projects for over 40 years. He and his team are credited with the discovery of North America's first commercial diamond pipes, what is now the Ekati Diamond Mine in the Northwest Territories, as well as base and precious metals worldwide. He is also well-known for his philanthropic support for health care initiatives at the University of British Columbia . Mr. Fipke received an honours degree in Geology from the University of British Columbia in 1970 and was awarded an honourary Doctorate of Technology from Okanagan University...

The Annual General Meeting of Shareholders of Aclara Resources Inc. was held today in Toronto, Ontario. Each of the matters voted upon at the Meeting is discussed in detail in the Company's management information circular dated April 5, 2024 , which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca. The total number of votes cast by shareholders of the Company in person and by proxy at the Meeting was 104,205,909 votes, representing 62.62%. Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Circular, was duly approved by the requisite number of votes. These matters included the election of directors and the appointment of the auditor. The voting results are detailed below: 1. Election of ...

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...