Spanish Mountain Gold Ltd. is pleased to announce that, further to the Company's news release on July 26, 2024, the Company has completed a transaction with Whittle Consulting Ltd. pursuant to which Whittle, in lieu of receiving a cash payment from the Company for services rendered, invested $348,000 of the amount due to Whittle in exchange for 1,831,579 common shares in the capital of the Company . The Shares were issued at a deemed price of $0.19 per Share. The Company also paid Whittle $122,400 in cash in settlement of the remaining amount due to Whittle for services rendered to the Company. The closing of the Debt Settlement was subject to a number of customary closing conditions, including, but not limited to, approval from the TSX Venture Exchange. The Shares are subject...

Majestic Gold Corp. reports its financial and operational results for the six months ended June 30, 2024. The following financial results are expressed in US dollars unless otherwise stated. OPERATIONAL HIGHLIGHTS Six months ended June 30, 2024 and post period Revenue increased by 17.7% to $33.6 million, compared to $28.6 million for the FY2023 comparative period. The increase in revenue for the current period was primarily due to the higher average realized gold price; Gross profitfrom mining operations increased by 32.9% to $18.1 million, compared to $13.6 million for the FY2023 comparative period Net incomeincreased by 52.1%to $11.1 million, a $3.8 million increase over the FY2023 comparative period Gold production was 16,207 ounces, a decrease of 2.2% from 16,575 ounces pr...

North American lithium producer Sayona Mining Ltd. is pleased to announce FY24 full year results following the successful ramp up of operations at North American Lithium . Operational Highlights - North American Lithium neared steady-state operations by end of FY24, with total concentrate production of 155,822 dry metric tonnes for the full year ended 30 June 2024. Record monthly production of 19,314 tonnes was achieved in May 2024 and record daily production of 919 tonnes in June 2024. - Spodumene concentrate shipments totalled 157,937 dmt delivered to customers in the USA and China during the period. - Lithium recoveries continued to improve throughout the year to reach 68% for the June quarter, with a record monthly recovery of 69% achieved in May 2024. - Major capital pro...

Perth, Western Australia/ August 30, 2024/Perseus Mining Ltd. is pleased to advise that of the Company's Board of Directors has unanimously voted to appoint Mr. Rick Menell to the role of independent, non-executive Chairman of the Board, with immediate effect. Mr. Menell will replace the interim Executive Chairman, Mr. Jeff Quartermaine, who will resume his former role of Managing Director and Chief Executive Officer of Perseus. Perseus's Managing Director and Chief Executive Officer, Jeff Quartermaine, said: "We were very pleased in May of this year, when Rick Menell accepted our invitation to become a member of the Board of Perseus, following a wide search for an eminent future leader of the Company. Rick has a deep understanding of the people and the mining industry on the...

Element 29 Resources Inc. announces it has closed its non-brokered private placement financing of 13,058,984 units at a price of $0.25 per Unit for aggregate gross proceeds of $3,264,746 . Each Unit issued under the Financing consists of one common share in the capital of the Company and one non-transferable Common Share purchase warrant . Each Warrant is exercisable for one Common Share at an exercise price of $0.50 per Warrant Share until August 29, 2027. Insiders of the Company participated in the Offering for an aggregate amount of 2,150,000 Units. Such participation is considered a related party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions . In completing such transaction, the Company relied on exempti...

Hudbay Minerals Inc. is pleased to announce that it has received an Aquifer Protection Permit for the Copper World project from the Arizona Department of Environmental Quality . The company proactively engaged with the ADEQ, ensuring a transparent and thorough permitting process by providing comprehensive and detailed information. The issuance of this permit is a key milestone in the advancement of Copper World, which is a standalone operation requiring state and local permits and is expected to produce 85,000 tonnes of copper per year over a 20-year mine life. "Receiving the Aquifer Protection Permit is a significant de-risking event for Copper World as it brings us one step closer to being fully permitted," said Peter Kukielski, President and Chief Executive Officer. "The la...

Inspiration Energy Corp. has determined that it will not be able to file its annual audited financial statements for the year ended April 30, 2024 and its related Management's Discussion and Analysis and Chief Executive Officer and Chief Financial Officer certifications by the prescribed filing deadline of August 28, 2024 . Despite its efforts, the Company is currently not in a position to timely file the Required Filings, primarily as a result of the time required for the Company's auditors to complete the audit of the annual financial statements. The Company's Required Filings will be made as soon as its auditors deliver their Audit Report, which is expected to be received within four weeks from the Filing Deadline. The Corporation has made an application to the British Col...

Cerro Grande Mining Corp. reported its unaudited results for the third fiscal quarter ended June 30, 2024 compared to the same quarter in 2023. These financial statements and MD&A have been filed on SEDAR and the Company refers the reader to those materials for additional information. Cerro Grande Mining Corporation is an exploration and development company with properties and activities currently focused in Chile. Cautionary Statement on Forward-looking Information: This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to the future financial or operating performance of CEG. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects",...

Uranium Royalty Corp. announces it has renewed its at-the-market equity program that allows the Company to distribute up to US$39 million of common shares of the Company to the public from time to time, through the Agents , at the Company's discretion. The Offered Shares sold under the ATM Program, if any, will be sold at the prevailing market price at the time of sale. Sales of Offered Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated August 29, 2024 with a syndicate of agents led by BMO Nesbitt Burns Inc., and including BMO Capital Markets Corp., Canaccord Genuity, H.C. Wainwright & Co. LLC, National Bank Financial Inc., Paradigm Capital Inc., and TD Securities . The Company intends to use the net proceeds of any suc...

Euro Manganese Inc. is pleased to announce the appointment of Ms. Laurel Petryk as Vice President Legal & Corporate Secretary of the Company effective September 1, 2024. In keeping with the Company's long-standing succession plan, Ms. Petryk will replace Mr. Fausto Taddei, who will be retiring effective August 31, 2024. Mr. Taddei will work with the Company to support a seamless change and remain available to provide guidance and support during the transition phase. Ms. Petryk joined Euro Manganese as General Counsel in 2021 and has over 24 years of experience working as a lawyer in corporate, securities, governance, and mining gained from a large national firm and in house, and regulatory experience including working at the British Columbia Securities Commission. Ms. Petryk ...

Steadright Critical Minerals Inc. is pleased to announce that it has completed the Year end annual filing for the period ending March 31st, 2024, along with the first Quarter filing for the period ending June 30th, 2024. The Company results from the AGM held on August 19th, 2024 saw all three Directors elected with over 97% and to give the Board of the Company the authority to have a corporate name change and to grant the Board the authority to consolidate the Corporation common shares on a 2 for 1 basis. The company would like to thank SHIM and Associates LLP auditing services for their support in getting the March 31st, 2024 Year End Audit completed. ABOUT THE COMPANY Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright currentl...

Planet Green Metals Inc. is pleased to announce the appointment of Dr. Raymond Goldie to the Company's Advisory Board. About Ray Goldie: Dr. Goldie is the current President of the Prospectors and Developers Association of Canada and is often a keynote speaker at mining conferences. He is a widely recognized independent mining analyst with extensive experience in economic geology, especially in the nickel and copper industries, and an expert on mining royalties. He holds a BSc in geology from Victoria University of Wellington, an MSc in geology from McGill University and a PhD from Queen's University. He also holds a diploma in business administration from the University of Toronto. Dr. Goldie is a director of Garibaldi Resources. Jeremy S. Brett, President and Chief Executive...

Rio Tinto's Iron Ore Company of Canada is celebrating its 70th anniversary, marking seven decades as a leading North American producer and exporter of premium iron ore pellets and high-grade concentrate. Over its history, IOC has been a pioneer in responsible iron ore production, making substantial contributions to the economy and local communities. This milestone reflects a legacy of innovation, excellence, and enduring commitment to the Labrador Trough region. IOC President and Chief Executive Officer Mike McCann said: "As we celebrate 70 years of operations, we reflect on the remarkable journey that has shaped IOC into a leader in the iron ore industry. Our success is built on the dedication of our employees, the support of local communities, and our commitment to responsib...