JKS Resources is pleased to announce the closing of two concurrent private placements. JKS completed a non-brokered private placement of 24,032,417 subscription receipts at a price of $0.30 per share for gross proceeds of $7,209,725.10 and 17,754,738 subscription receipts at a price of $0.45 per Unit, with a three year half warrant at $0.60, for gross proceeds of $7,989,632.10, for aggregate gross proceeds of $15,199,357.20. Finder's fees in the amount of $206,028.36 will be paid by the Company in connection with the Private Placement to certain arm's length parties.

Red Pine Exploration Inc. , further to its press release of May 1, 2024 , provides an update on the Company's progress on its investigations into the reporting inconsistencies in certain assay results from the Wawa Gold Project. The Company confirms that the issues set out in the Prior Press Release are unrelated to the integrity of its quality assurance/quality control measures with respect to the drill core samples collected from the Wawa Gold Project and transported to Activation Laboratories Ltd. in Ancaster, Ontario for assay purposes. The Company is confident that the assay results provided by Actlabs to the Company were correct and accordingly, that the Company can securely rely on Actlabs' certified assay results. The issue noted in the Prior Press Release was specifi...

Baru Gold Corp. | announces that it has granted an aggregate 4,946,993 restricted share units to Terry Filbert, CEO of the Company in accordance with the provisions of the Company's Restricted Share Units Plan. The grant of the RSUs is subject to the approval of the TSX Venture Exchange. The RSUs entitle the holder to a lump sum payment in cash equal to the number of vested RSUs recorded in the holder's account, or the number of common shares required to be issued to a holder upon the vesting of such holder's RSUs . The Company also announces that it has granted an aggregate amount of 8,825,326 stock options to directors, employees and consultants of the Company in accordance with the provisions of the Company's stock option plan, subject to the approval of the TSX Venture Ex...

In a press release dated May 2, 2024, West Red Lake Gold Mines revealed that, during a ball mill cleanup, it recovered 415 troy ounces of gold worth about $750,000. Click Image To View Full Size Above photograph of sample concentrate material with coarse visible gold collected as part of the cleanup program. It is anticipated that WRLG may recover 2,500 oz of gold from the clean up, worth a total of USD $5.75 million @$2,300 gold. The May 2, 2024 PR supports WRLG's mine-restart thesis: the previous operator made significant mistakes building the mine and mill, which are fixable. "It was known that the previous operator had reconciliation issues between the mined ore and the milled ore at the Madsen Mine," states WRLG. "Mining reconciliation is a crucial process that connects the theoretica...

6 May 2024 - Newlox Gold Ventures Corp. a leader in the development and operation of environmentally responsible mineral processing is delighted to announce the favourable outcomes of its metallurgical optimization processes conducted at its Costa Rican Operations. These advancements are poised to seamlessly transition to Newlox's larger second precious metals recovery plant, which is currently in the final stage of commissioning . The program, spearheaded by independent metallurgical consultants and subsequently validated by an external laboratory, marks a significant stride forward in Newlox's commitment to operational efficiency and sustainable practices. Key highlights from the metallurgical advancements include: Achieving consistent gold recovery rates of up to 93% at Pr...

Mabel Ventures Inc. is pleased to announce it has commenced the 2024 season exploration and drilling program for the Bonanza Project. The Company has the option to acquire a 51% interest in the Bonanza Gold Property from Abitibi Metals Corp. as per its Property Option Agreement between the Company and Abitibi dated June 6, 2023. Highlights: Phase II has commenced on the Bonanza project. The 400-meter diamond drill program has now started, drilling two exploration targets highlighted in Phase I. Once drilling is completed, prospecting and soil sampling will start to follow up on targets highlighted in Phase I. The Bonanza project borders Osisko Mining Inc.'s Urban Barry project, which lies 30 km southwest of Osisko's flagship Windfall Lake property and is 16 km so...

Homerun Resources Inc. is pleased to announce that the Company has executed a non-binding Memorandum of Understanding , between Homerun and Halocell Energy Pty Ltd. . Homerun is developing its business within the energy materials verticals focused on the solar and energy storage sectors. Halocell is a recognized world leader in research and development of perovskite technology to produce perovskite solar cells . Perovskite solar cells have shown remarkable progress in recent years with rapid increases in solar conversion efficiency, from about 3% solar conversion efficiency in 2009 to over 25% solar conversion efficiency in 2023 . Halocell and Homerun intend to collaborate to develop and produce the highest efficiency and most stable outdoor Solar Glass / PSC solutions. Brian...

Alcoa Corp. President and Chief Executive Officer William F. Oplinger will participate in a webcast session at the Bank of America Global Metals, Mining & Steel Conference in Miami, Florida, on Tuesday, May 14, 2024. At 3:00 p.m. EDT, Oplinger will deliver a presentation regarding Alcoa's business, the announced acquisition of Alumina Ltd., and outlook in the current market, including factors that could affect the Company's present quarter's financial results. His presentation will be followed by a brief question-and-answer session. A slide presentation, which will be used in connection with the May conference and investor meetings, will be available on the "Investors" section of the Company's website at www.alcoa.com beginning at approximately 7:00 a.m. EDT on Tu...

Latin Metals Inc. - provides an update from its 100% owned Organullo Project where an existing option agreement with AngloGold Argentina Exploraciones S.A. , a wholly owned subsidiary of AngloGold Ashanti plc. provides AngloGold with an option to earn up to an 80% interest in the Project. The Company has received data from AngloGold's previously completed airborne magnetic and radiometric geophysical survey, which defines a high priority structural corridor for drill testing in the priority West Graben. Figure 1: Map showing Total magnetic Intensity over the Organullo andAna Maria properties. Historical drilling and AngloGold's planned drilling also shown,together with the location of the Cross Section included as Figure 2. Figure 2: Schematic cross section through the Organu...

Kingsmen Resources Ltd. is pleased to report continued high grade multi-element samples from the north end of the 1.7 km long Soledad structure/vein system on the 100% owned Las Coloradas project, located in the Central Mexican silver belt, Chihuahua Mexico. The Soledad structure is one of three currently identified structure/vein systems on the project. Results are presented in Figure 1 and Table 1. Highlights Twenty-eight samples were analyzed. 2 > 500 g/t silver-equivalent 1 > 300 g/t AgEq 1 > 200 g/t AgEq 3 > 100 g/t AgEq Scott Emerson, President commented: The old workings sampled and reported here are distributed over approximately 530 meters and approximately ½ mile from the old operating Soledad Mine indicating the mineralization carries entirely along the ...

Wealth Minerals Ltd. , announces a non-brokered private placement of up to 10,000,000 shares at a price of $0.20 per Share for gross proceeds of up to $2,000,000. The financing is fully subscribed and no finder's fees are payable pursuant to the financing. All securities issued in the Offering are subject to a four-month hold period, during which time the securities may not be traded. Closing of the Offering is subject to the approval of the TSX Venture Exchange. The net proceeds from the Offering are intended for exploration and general working capital. This press release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as a...

Highlights Two independent, peer reviewed, technical studies were recently published that further illustrate the economic potential of Halleck Creek: Minerals Engineering - 80% of Rare Earth Elements extracted with low temperature, direct acid leaching. Fast leaching kinetics are attributable to Halleck Creek metamict allanite structure, with 65% of REEs extracted in the first 10 minutes of leaching. Halleck Creek ore is less refractory than monazite or bastnaesite, which cannot be leached using low-temperature acid tank leaching. Green and Smart Mining Engineering - High-grade rare-earth enriched Halleck Creek ore highlights its economic potential. Density and magnetic separation techniques have demonstrated effectiveness in separation. DENVER, May 06, 2024 -- [wp=3312]American Rare Earth...

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 /PRNewswire/ -- 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 m...