Freegold Ventures Ltd. is pleased to report initial results from the 2024 drill program. Thirteen holes have been completed, with two more in progress. The 2024 drill program is targeting the western extension as an area that holds significant promise for higher grades closer to surface and at depth. The presence of this higher-grade material, along with promising ongoing metallurgical testwork, can potentially further enhance the overall project economics. The focus for 2024 will be on optimization, which will involve additional drilling, including drilling large-diameter holes to facilitate additional metallurgical testwork. Holes GS2401 was a vertical hole drilled to a depth of 946.1 meters to confirm the south-dipping nature of the mineralization. The portions with higher ...

New development approach reduces pre-production capital and lowers mine's development risk Trident maiden Ore Reserve includes a small open pit; this new approach lowers both the cost and execution risk of the mine's development Cashflows from the open pit reduces the maximum upfront capital drawdown to A$15m, from A$36m noted in Catalyst's July 2023 Scoping Study1 Trident's key life of mine metrics are: Metric Base case # Spot case Pre-production max. capital drawdown A$m 19 15 AISC A$/oz 1,578 1,592 Mine life yrs 5.5 5.5 Average annual UG production koz 37 37 Average annual free cash flow A$m 29 53 NPV7 A$m 100 198 IRR % 146 % 327 % # Base case price assumptions aligned with Ore Reserve - A$2,700/oz for underground, A$3,200/oz for open pit. Financial figures shown pre-tax due to Trident ...

SKRR Exploration Inc. is pleased to announce that summer drilling has commenced to test conductors on the Clearwater West property which is located 13km to the south of Fission Uranium's Triple R uranium deposit . Clearwater West is an early-stage exploration project prospective for uranium mineralization. The uranium mineralization model for the Clearwater West property is basement hosted and structurally controlled Athabasca Basin unconformity related deposits. SKRR has an option to acquire up to a 70% interest in the Clearwater West Project from F3 Uranium Corp. . Summary of the Clearwater West Property The Clearwater West Project is comprised of 3 contiguous mineral claims totaling approximately 11,786 hectares and is located ~20km outside the edge and in th...

Highlights: Storjuktan project: continue detailed property-wide geochemical survey by collecting ~38,000 glacial till samples to cover remaining 23,000 hectares of project; full property 25,000 ha UAV magnetic geophysical survey . Paubäcken project: BoT drilling on Brokojan target and following up on best BoT drill result to date, 5.01 g/t Au, at Aida target Klippen project: BoT drilling BoT drilling programs will set up for diamond drilling on priority targets later this year First Nordic Metals Corp. is pleased to announce that its summer / fall exploration program on its 100%-owned projects on the Gold Line belt is underway in northern Sweden. Major parts of this program are a 25,000-hectare magnetic geophysical survey and regional-scale surface exploration program on its ...

Sienna Resources Inc. is pleased to announce that it has significantly increased its acreage on the Stonesthrow Gold Project in Saskatchewan now consisting of approximately 18,350 contiguous acres prospective for gold directly bordering Ramp Metals Inc . Ramp announced multiple zones of gold mineralization, including 73.55 grams per tonne gold and 19.50 grams per tonne silver. Ramp has also just announced a strategic investment led by Eric Sprott this week. Sienna Resources' management cautions that past results or discoveries on properties in proximity to Sienna Resources may not necessarily be indicative of the presence of mineralization on the company's properties. Jason Gigliotti, President of Sienna Resources Inc., stated, "We are very pleased to have significantly incre...

LONDON, July 22, 2024 /PRNewswire/ -- Vedanta Resources Holdings Limited , the diversified global mining, metals, natural resources, energy, and technology conglomerate today confirmed that it has paid USD 245.75 million in line with its commitment under the KCM scheme of arrangement. This paves the way for imminent reinstatement of the Board of Directors of KCM and the return of full management control to Vedanta, which is necessary before Vedanta ramps up production and unlocks KCM's full potential. With high-grade Copper deposits in excess of 2.4%, KCM is one of the largest deposits of high-grade copper globally. With total of 412kt of contained Cobalt Reserves and Resources, KCM also has the potential to sit amongst the top 5 cobalt producers globally. Vedanta has plans in place not on...

Cornish Metals Inc. , a mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom, is pleased to announce that it has entered into a binding agreement with Elemental Altus Royalties Corp. for the sale of the royalty interests that the Company holds on the Mactung and Cantung tungsten projects located in Northern Canada for a total cash consideration of US$4,500,000 . Ken Armstrong, Interim CEO and Director of Cornish Metals, stated: "The sale of the Mactung and Cantung royalties follows Cornish Metals' recently announced sale of the Nickel King project and further demonstrates our priority and focus on advancing the Company's wholly owned and fully permitted South Crofty tin ...

Caledonia Mining Corporation plc announces that it has been advised by Allan Gray Bermuda Limited , in AGBL's capacity as an investment manager of its clients, of a relevant change to a previously disclosed shareholding, such that the aggregate shareholding of two of AGBL's clients, namely Allan Gray Africa Equity Fund Limited and Allan Gray Africa Ex SA Equity Fund Limited, in the Company, now constitutes a total interest in 5.7476% of the total issued shares in the Company. Caledonia is further advised that AGBL, replacing Allan Gray Proprietary Limited, is now the only investment manager entity in the Allan Gray group of companies that manages clients' assets that currently include holdings in Caledonia. Further information was provided on behalf of AGBL as follows: Issuer n...

Byproducts from Europe's first lithium converter can compensate for the slowly reducing fly ash from the phasing-out of coal power, effectively reducing CO2 emissions in the construction industry. Product properties of Portland cement are improved - Patent for production and use has been filed. Rock Tech Lithium pursues a zero-waste strategy in Guben. Rock Tech Lithium Inc. is pleased to announce the findings of a peer-reviewed study published by the German Lithium Institute. The study finds that by-products from Rock Tech's Lithium conversion process can be used as precursor material in the cement industry. Specifically, it has been confirmed that leached spodumene concentrate generated during the production of lithium from spodumene holds substantial industria...

MEG Energy Corp. announced today that its production levels have remained stable at its Christina Lake Regional Project facility despite the ongoing regional wildfires. The Company continues to operate with a reduced and essential workforce to ensure the safety of its employees and contractors. "Our first priority is the safety and well-being of our people and the communities near our operations," said Darlene Gates, President and CEO. "We are proud of our team's resilience and dedication during this challenging time. By maintaining a proactive approach to safety and reducing our on-site workforce to essential personnel only, we have been able to safeguard our operations." MEG has implemented comprehensive emergency response measures and continues to closely monitor the wildf...

Brazilian Rare Earths Ltd. is pleased to provide its quarterly report for the period ended 30 June 2024. Ultra-high grade rare earth mineralisation discovered at Sulista Project - Confirmed discovery of ultra-high grade rare earth mineralisation at the Sulista project, located ~80km southwest of the Monte Alto project, validating that high grade REE-Nb-Sc-U mineralisation repeats across the Brazilian Rare Earths province - Diamond drilling at Sulista returned exceptional REE-Nb-Sc-U grades of up to 22.4% TREO, 39,770 ppm NdPr, 1,579ppm DyTb, 4,821ppm niobium, 241ppm scandium and 2,422ppm uranium - Exploration samples from numerous hard rock outcrops returned grades of up to 18.9% TREO, 37,345ppm NdPr, 2,634ppm DyTb, 5,458ppm Nb2O5 and 1,486ppm U3O8 - The re-assay program of h...

Grizzly Discoveries Inc. announces an extension to the private placement of Units and Flow-Through Units originally announced on June 20, 2024. The Offering is for aggregate gross proceeds of $1,000,000 if fully subscribed. The Offering consists of up to 16,666,668 Units and up to an additional 16,666,668 in any combination of Units or Flow-Through Units, at a price of $0.03 per Unit and Flow-Through Unit . Each Unit shall consist of one common share of the Company and one non-transferrable common share purchase warrant entitling the warrant holder to purchase an additional Common Share for $0.05 and expiring on the earlier of a) 30 days following written notice by the Company to the warrant holder that the volume-weighted average trading price of the Common Shares on the TSX ...

TRU Precious Metals Corp. is pleased to announce that it has engaged Global One Media Limited , a digital marketing and content creation agency, to assist the Company with digital and social media influencer marketing efforts. Global One Media is a full-service investor-focused digital marketing agency solving the needs of publicly traded companies. They deliver creative and effective solutions for digital market awareness and brand positioning across all industries, specializing in investor engagement and growth marketing for listed and pre-IPO companies. The engagement of Global One Media is immediate and is for USD$35,000 in cash for up to a 1-month term. The Company will pay such fees from its working capital at the beginning of the term. Additional services may be added ...