Fury Gold Mines Ltd. is pleased to provide an updated Mineral Resource Estimate for the high-grade Eau Claire deposit as well as a Maiden Mineral Resource Estimate for the Percival deposit located in the Eeyou Istchee Territory of the James Bay region of Quebec. The Eau Claire project now contains a combined mineral resource of 1.16Moz gold at a grade of 5.64 g/t Au in the Measured and Indicated category as well as an additional 723koz gold at a grade of 4.13 g/t Au in the Inferred Category . Gold mineralization remains open for expansion in all directions at both the Eau Claire and Percival deposits through additional drilling. Highlights: 2024 Updated Mineral Resource Estimate Addition of 307koz Au in the Measured and Indicated category and 223koz Au in the Inferred categor...

Mawson Gold Ltd. announces that further to its news release of April 4, 2024, the Company has fully exercised its participation rights in the previously announced rights issue by Southern Cross Gold Ltd. with the aim of maintaining the Company's ownership interest of 50.6% in SXG. The Rights Issue closed on May 9, 2024. Prior to the Rights Issue, Mawson held 93,750,000 SXG shares which were placed into a 2-year escrow in connection with SXG's IPO in May 2022, pursuant to the rules of the Australian Securities Exchange . The 2-year ASX escrow expires on May 16, 2024. Pursuant to the Rights Issue, Mawson acquired 2,840,910 SXG shares at A$1.82 per SXG share for a total subscription of A$5,170,456.20. As at today's date, Mawson holds 96,590,910 SXG shares or 50.6% o...

Multiple copper-gold targets enhance regional exploration potential Meridian Mining UK. S is pleased to report on the initial reviews of the district-scale Jauru copper & gold exploration project1 , located in Mato Grosso, Brazil. Meridian's exploration licence applications for Jauru are located ~45km to the west of the Company's advanced Cabaçal copper-gold-silver VMS project . Jauru was explored by BP Minerals in the 1980's via geochemical and geophysical surveys and reconnaissance drilling, and the belt is geologically analogous to Cabaçal. The Company has been progressively and systematically evaluating Jauru's extensive historical data generated by BPM and is highly encouraged by its prospectivity. This review has highlighted a strong 7km copper stream sediment exploration target . Ja...

Austin Gold Corp. reports the results of its annual general meeting of shareholders held on May 8, 2024 in Vancouver, British Columbia. A total of 7,006,582 shares were represented in person or by proxy at the meeting, being 52.79% of the issued and outstanding shares at the record date. A summary of the Meeting results is outlined below. Election of Directors Number Voted For Percentage Voted For Joseph J. Ovsenek 5,990,378 99.75% Dennis L. Higgs 5,993,071 99.79% Kenneth C. McNaughton 5,993,027 99.79% Barbara A. Filas 5,993,057 99.79% Benjamin Leboe 5,993,000 99.79% Tom Yip 5,993,057 99.79% Guillermo Lozano-Chavez 5,993,495 99.80% Proposals Fix number of directors at seven 6,935,697 98.99% Appoint Manning Elliott LLP as auditors 6,937,186 99.01% About Austin Gold Corp. Austi...

Faraday Copper Corp. is pleased to announce the results of five drill holes from its Phase III program at the Copper Creek Project, located in Arizona, U.S. . One hole was drilled to test a new target area 275 metres west of Keel and one hole was drilled to test the westward extension of Old Reliable. Three holes were drilled at Area 51 as a follow-up to the recent Starship and Eclipse breccia discoveries . Paul Harbidge, President and CEO, commented "The Phase III drill program continues to demonstrate the exploration potential of the Copper Creek Project on a number of fronts. At Area 51, we continue to intersect and expand near-surface mineralization. At Old Reliable, mineralization is being further delineated outside of the mineral resource pit shell. Additionally, the fi...

Unigold Inc. is pleased to announce that it has closed a first tranche of a non-brokered private placement of up to 25,000,000 units of the Company at a price of $0.08 per Unit for gross proceeds of up to $2,000,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.12 until four years following the date of issue. The Company has issued 3,111,875 units for aggregate gross proceeds of $248,950. No finders were paid in connection with this closing of the Offering. The proceeds from the Offering will be used to fund the Company's continued exploration and development on its Neita Concession in the Dominican Republic, and...

Arras Minerals Corp. is pleased to announce the commencement of a regional field program across the more than 3,300 square kilometre license package it controls in Pavlodar, Kazakhstan. Highlights of the Planned 2024 Regional Field Program: The 2024 Exploration program will target licences associated with the Teck Strategic Alliance, and Arras's 100% owned Elemes and Tay projects. An extensive airborne and ground geophysics program, followed by a mapping, soil sampling and drill program over the Package A and Package B Licences under the Strategic Alliance with Teck Resources Limited . A geophysics and detailed mapping program followed an initial diamond drill program targeting the Berezski and Aimandai copper targets located within the Elemes Project. An initial scout KGK pr...

American Lithium Minerals is pleased to announce that a settlement has been reached concerning overstaking of 50 of its placer mining claims at Sarcobatus, Nye County, Nevada. Under the settlement agreement, the other claimholder is withdrawing its conflicting claims, resulting in unencumbered ownership of the AMLM Sarcobatus Lithium Project. As previously reported, an individual from Utah overstaked much of the Company's Sarcobatus claim block in 2022, well after the AMLM claims were staked in 2021. The conflicting claims were then leased by the Utah overstaker, along with many other claims, to a subsidiary of Loyal Lithium Ltd. Loyal Lithium was made aware of the situation and had done no drilling on the conflicting claims. The settlement avoids the need to pursue litigation, and clears ...

Filo Corp. announces that notice has been provided by NGEx Minerals Ltd. and Lundin Mining Corp. to jointly buy-back two thirds of the existing 3% Net Smelter Royalty attached to three mineral claims in San Juan Province, Argentina which cover NGEx's Lunahuasi and Lundin Mining's Cumbre Verde copper-gold-silver projects. In consideration for the joint repurchase, Filo will receive $2M cash consideration, and following the closing of the transaction, Filo retains a 1% NSR over the claims. View PDF Commenting on the release, Jamie Beck, President, and CEO stated, "In 2018, we entered into an asset purchase agreement between the Argentine subsidiaries of Filo and NGEx's predecessor, to transfer some mineral claims in order to facilitate the future development of the...

Steppe Gold Ltd. is pleased to announce that it has filed with the applicable Canadian securities regulatory authorities the management information circular dated May 8, 2024 and related meeting materials of Steppe Gold for use at the annual general and special meeting of Steppe Gold shareholders to be held in connection with the proposed transaction with Boroo Gold LLC and Boroo Pte Ltd. , or one of its affiliates, as previously announced on April 11, 2024 . Steppe Gold has also mailed copies of the Meeting Materials to Shareholders entitled to vote on the Transaction at the Meeting. At the Meeting, Shareholders will be asked to consider and, if deemed advisable, to approve the Transaction. If the Transaction is completed: Steppe Gold will acquire all of the issued and outst...

Key Financial Developments The Board of Directors of SolGold is pleased to share the substantial progress made in our financial initiatives. Management is currently in detailed discussions with capital providers who have shown a strong interest in committing to a robust, longer-term financing package for the Cascabel Project . This proposed Financing is projected to cover a significant portion of the estimated initial capital development costs of the Project, highlighting its position as a Tier 1 asset and a premier investment opportunity. In parallel, SolGold has secured a US$10 million loan facility . The Loan Facility provides an immediate cash infusion of US$10 million to support the Company's ongoing operations. Executed under customary terms and conditions appropriate for a loan faci...

NGEx Minerals Ltd. is pleased to report its results for the three months ended March 31, 2024. View PDF Operating highlights for the three months ended March 31, 2024, and subsequent period thereto, include the following, details of which are discussed further below: Recently completed drill program at Lunahuasi successfully confirms size and grade potential of deposit; Assays to date continue to deliver bonanza-grade intersections, such as DPDH009 returning 62.0 metres at 6.98% copper equivalent , including 26.1 metres at 13.36% CuEq, and DPDH014 returning 184.2 metres at 4.61% CuEq, including 23.0 metres at 23.02% CuEq; In addition, drilling to date has also intersected longer intervals of mineralization at elevated grades, such as DPDH013, which intersected 509.4 metres at...

Tuktu Resources Ltd. announces that it has agreed to a $1.2 million loan evidenced by an interest free, senior secured promissory note , from an arm's length third party. The loan proceeds will be used to fund a deposit with the Alberta Energy Regulator , required as a condition of the licence transfers for certain asset acquisition transactions announced on March 21, 2023 and October 18, 2023 . Once the AER Deposit is posted, it is expected that the final closing of Acquisition 3 will occur shortly thereafter . The Deposit amount will be held by the AER in an interest-bearing trust account and may be returned to the Company in the future once applicable regulatory requirements have been met. The key terms of the Promissory Note are summarized below: The Promissory Note is in ...