2023 Operational and Project Highlights: The Company raised over $17 million for exploration, with cash and cash equivalents of $5,540,312 at the year end Completed aggressive exploration programs with 21,126 meters in 47 holes drilled in 2023. Adding results of 39,270 meters in 145 holes of new diamond drilling to the project database for the updated Mineral Resources estimation reported in Q1 2024, which includes: A 172% increase of Indicated Mineral Resources to 66.1 million tonnes containing 1,093 million pounds copper at 0.75%, 678Mlb nickel at 0.47%, 79Mlb cobalt at 0.05%, 2.34 million ounces palladium at 1.10 g/t and 0.42Moz platinum at 0.19 g/t. 80% of the Indicated Mineral Resources is Open Pit with 52.7Mt at 0.65% Cu, 0.43% Ni, 0.05% Co, 0.97g/t Pd and 0.17% Pt. Inferred Mineral ...

TORONTO and MARSEILLES, France , April 24, 2024 /CNW/ - Foraco International SA , a leading global provider of mineral drilling services, will release its first quarter 2024 financial results, prior to TSX market open on Tuesday, April 30, 2024. Following the release, Management of the Company will host a Conference Call at 10:30 am ET to review the financial results. The call will be hosted by Tim Bremner, CEO and Fabien Sevestre, CFO. To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/3xEWc0O to receive an instant automated call back. You can also join the call by dialing 1-888-664-6392 or 1-416-764-8659. You will be put on hold until the conference call begins. A live audio webcast of the Conference...

Honey Badger Silver Inc. is pleased to appoint George Topping as a Director effective today. The Company has also appointed Stephen Kibsey and Michael Jalonen as Advisors to the Company. The Company's CEO, Dorian L. Nicol commented, "We welcome George Topping to our Board. His extensive experience in operations and capital markets will add great value to the Company as we implement our strategy to become a leading silver company. We also welcome Stephen Kibsey and Michael Jalonen as advisors. Each brings expertise that will help us implement our strategy to become the leading investment vehicle as we expect silver prices to march toward all-time highs." George Topping is an experienced mining professional with over 30 years of practical and analytical experience in a wide ran...

Ecora Resources PLC chief financial officer Kevin Flynn provides an update on the company's performance for the first quarter of 2024, highlighting strong results in line with expectations.
In an interview with Proactive's Stephen Gunnion, Flynn noted significant volume growth, particularly from the Kestrel operations, expected primarily in the first half of the year. Commodity prices, especially for copper, have remained robust, contributing positively to the quarter's performance.
Looking ahead, Flynn emphasised the potential for both organic growth and strategic acquisitions. Key projects like Voisey's Bay and Mantos Blancos are expected to ramp up, with the latter seeing a debottlenecking initiative anticipated to drive further volume growth in the latter half of the year...

Graphite One Inc. , planning a complete domestic U.S. supply chain for advanced graphite materials, announces today that as part of its ongoing strategy to raise the profile of Graphite One and its Graphite One Project to investors, the Company has entered into an agreement with Digitonic Ltd. , an investor relations firm based in Glasgow, Scotland to provide marketing and investor relations services to enhance visibility with the institutional and retail investment community, effective immediately. Anthony Huston, President and CEO of Graphite One quotes "We are thrilled to partner with Digitonic for our upcoming investor relation and marketing campaigns, as we lead up to the anticipated completion of our feasibility study at the end...

Indicated Resources of 572 kt at 0.61% Ni - 44% increase in Indicated tonnes and 10% increase in nickel pounds. Inferred Resources of 125 kt at 0.54% Ni - 693% increase in Inferred tonnes and 419% increase in nickel pounds. 84% of the nickel pounds and 82% of the tonnes in Alexo South Deposit Mineral Resource Estimate are in the Indicated category with drilling planned to update to Measured. With only 18% of the Alexo South Deposit tonnes in the Inferred category there is excellent exploration upside to expand and upgrade resources through additional drilling. Alexo South Deposit, one of 4 deposits on the Alexo-Dundonald Property, is open along strike and at depth, with the new geological model and interpretation providing ample targets for next-stage drilling. Updated Mineral Resource Est...

Silver Mountain Resources Inc. , is pleased to announce that it has completed its previously announced prospectus offering of units of the Company . The Offering was completed on a "best efforts" agency basis pursuant to an agency agreement dated April 18, 2024 among the Company and Eight Capital and SCP Resource Finance LP . Pursuant to the Offering, the Company has issued an aggregate of 87,638,928 Units at a price of $0.11 per Unit for aggregate gross proceeds of $9,640,282, including the partial exercise by the Agents of the over-allotment option to purchase an additional 5,820,428 Units at the Offering Price. Each Unit is comprised of one class A common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to acquire...

Tier One Silver Inc. is pleased to announce that it has completed the first tranche of its non-brokered private placement, the terms of which were announced on April 9, 2024 , by issuing 5,366,514 units at C$0.14 per unit for gross proceeds to the Company of C$751,311.96. In connection with the closing of the first tranche of the Offering, the Company paid cash finders' fees of C$22,974.72 and issued 164,105 non-transferable finders' warrants, with each finder's warrant exercisable on the same terms as the unit warrants as announced April 9, 2024. The proposed use of proceeds from the Offering is to fund general working capital. In accordance with applicable securities laws, the securities issued under the Offering are subject to a statutory four-month and one-day hold period...

Adamera Minerals announces it has been granted permission to drill 8 targets on Bureau of Land Management managed land on the Buckhorn 2.0 gold property near the former Buckhorn Gold Mine, Washington State. Applications for drilling on State and US Forest Service lands are pending. On the BLM land the priority target is VTEM1 that was tested with a single drill hole in 2022. Gold was intersected on both sides of a massive magnetite intersection. An upper zone assayed 4 g/t gold over 1.6 metres and a lower zone assayed 4 g/t gold over 1.2m. The two intersections were separated by an 8.8m wide magnetite zone that assayed 0.2 g/t gold. Additional holes around the 2022 drill hole on VTEM1 are required to determine if the widths/grades of the gold enriched zones increase lat...

Mayur Resources Limited, an Australian-based public company listed on the Australian Securities Exchange, makes the following announcement in accordance with Canadian National Instrument 62-103 - The Early Warning System and Related Take Over Bid and Insider Reporting Issues regarding the disposition of securities of Adyton Resources Corp. On April 23, 2024, Mayur owned and sold an aggregate of 10,000,000 common shares in the capital of Adyton . The Disposition was made pursuant to private share purchase agreements dated April 22, 2024, whereby Mayur sold the 10,000,000 Adyton Shares to unrelated third party purchasers at a price of C$0.03 per share for total consideration of C$300,000. The Adyton Shares are listed for trading on the TSX Venture Exchange. Prior to the Disp...

South Pacific Metals Corp. is pleased to announce the appointment of Cathy Fitzgerald as an independent, non-executive director of the Company and the appointment of Michael Murphy as Executive Chairman of the Company, effective immediately. Ms. Fitzgerald is an experienced executive and professional geologist who brings over 20 years of experience in technical leadership roles structuring, leading, and managing teams that deliver work programs across multiple commodities at various stages of the exploration life cycle. Ms. Fitzgerald is currently the Vice President, Exploration and Resource Development for Apollo Silver Corp., and previously served as Director Resource Evaluation, Ivanhoe Electric . In addition to joining the board, Ms. Fitzgerald will take an active role in...

Steadright Critical Minerals announces it has closed its recent private placement for $160,000 and will not be proceeding with the Life Offering at 0.05 cents. Closing of the Private Placement is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals. The net proceeds of the Private Placement are intended to be used for exploration on mineral properties and for working capital purposes in 2024. Pursuant to the terms of the Unit Offering, each unit is comprised of one common share of the Company 3,200,000 and one common share purchase warrant 3,200,000 .? Each Warrant shall entitle the holder to purchase one common share of the Company at a price of C$0.085 at any time on or before that date which is 12 mo...

Tower Resources Ltd. announces it intends to complete a non-brokered private placement, comprised of a flow-through offering and a non-flow through offering , for aggregate gross proceeds of $500,000 . Under the Unit Offering, the Company will issue up to 3,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $300,000. Each Unit is comprised of one common share in the capital of the Company and one non-transferable Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at a price of $0.18 for a period of two years from the date of issuance. Under the FT Offering, the Company will issue up to 1,538,462 flow-through units at a price of $0.13 per FT Unit for gross proceeds of up to $200,000. Each FT Unit is comprised of on...