Gold Terra Resources Chairman and CEO Gerald Panneton joined Steve Darling from Proactive to unveil exciting developments regarding the company's deep drill hole targeting the Campbell Shear beneath the Con Mine workings. The drill hole, initiated in early February, has yielded significant results, including the intersection of the Con Shear from 1366 to 1405 meters-a secondary shear structure-along with new gold mineralization discoveries.
Panneton provided insights into the findings, highlighting the discovery of gold mineralization reaching up to 13.90 g/t Au over a span of 0.60 meters in the hanging wall granite host of the Con shear at multiple depths along the drill hole. Notably, the Con Shear intersection is characterized by intense silicification of mafic volcanic an...

Globex Mining Enterprises Inc. is pleased to announce that it has entered into an option agreement wherein Victory Battery Metals Corp. may earn 100% interest in four Globex claim groupings in the Sept Iles region of Quebec. The claims cover the Kachiwiss Uranium deposit with a reported historical, non-Ni 43-101, possible resource of 16,598,000 tonnes grading 0.016% U3O8 within a pegmatic dyke oriented NW45o. The zone, as currently defined, measures 975 metres long by 610 metres to 760 metres wide and is open. Metallurgical test work suggests recoveries of up to 92.9% can be achieved. In addition to the Kachiwiss deposit, the option includes a large package of claims covering lake bottom sediment sample uranium anomalies farther to the north. In total, 156 mining claims make u...

Lumina Gold CEO Marshall Koval joined Steve Darling from Proactive to shedding light on the significant impact of rising gold prices on the company's projects. The focal point of the conversation was Lumina's Cangrejos project in Ecuador, with a particular emphasis on the updates since the pre-feasibility study conducted in early 2023.
During the pre-feasibility study, conducted when gold was priced at $1,650 per ounce and copper at $375 per pound, projections revealed a net present value of $2.2 billion and an internal rate of return of 17.2%. However, with current gold prices soaring to $2,350 per ounce and copper reaching $425 per pound, the NPV has skyrocketed to approximately $4.2 billion-an astounding 85% increase-while the IRR has surged to 27%. This remarkable upturn ...

LithiumBank Resources Corp. is pleased to announce its participation in the upcoming investor conferences. These conferences provide and excellent platform to connect with industry leaders, engage in thought provoking discussions and gain valuable insights that can shape investment decisions. The Company will be presenting updates on its progress, unveiling exciting developments and offering a comprehensive overview of our vision for the future. Additionally, investors will have the opportunity to interact with key members of the LithiumBank team and explore potential collaboration opportunities. Capital Event Management Conferences | Scottsdale, Arizona Dates: April 19th/21st Location: Scottsdale Arizona Details: The Conference introduces growth stage companies to active top...

Stellar AfricaGold Inc. announces that the Company has sold the Namarana Gold Project, Mali. Sale of Stellar Pacific Mali Sarl and Namarana Gold Project The Company has concluded an arm's length sale of it's 100% owned Malian subsidiary, Stellar Pacific Mali SARL. Stellar Pacific Mali SARL is the sole owner of the Namarana Gold Project, the only project being developed by Stellar AfricaGold Inc. in Mali. The sale price for Stellar Pacific Mali SARL was Twenty-five Million West African Francs , approximately C$52,000. The sale of Stellar Pacific Mali SARL including the Namarana Gold Project is an Exempt Disposition pursuant to TSX Venture Exchange policy 5.3, Section 3.1. Commentary "I am pleased to report on the sale of Stellar's Mali subsidiary ...

Trigon Metals Inc. is pleased to release highlights of the exploration campaign at Schlangental, a key prospect within the wider Kombat property, situated approximately 15km east of the active mining licence ML73B. This announcement comes on the heels of the Company finalizing its comprehensive exploration plan for the expansive Kombat property, spanning nearly 35 km from Gross Otavi to the west and Schlangental in the east. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240418582217/en/ Figure 1: Cross Section of Hole SCPL23-19 -- Model shows good copper intersection between 56-63m at 3.52% Cu. Objectives Schlangental Drilling Campaign Drilling at Schlangental is the first campaign testing mineralization outside o...

Element79 Gold Corp. The Company is pleased to announce that it has closed its final round of capital raising efforts, announcing that that the previously initiated non-brokered Private Placement of Equity Units was met with overwhelming investor interest, resulting in an oversubscription. While the Company had originally set out to raise CAD $400,000, it had garnered capitalization commitments surpassing the initial offering, with the Unit offering having gone through two tranches, first on March 14 and extended the offering to $600,000 after the second on March 28th, and now with a third closing the offering has raised an aggregate total of CAD $867,735. The Third tranche of the placement raised a total of $317,660 and will see the Company i...

Centerra Gold Inc. will release its first quarter 2024 operating and financial results before the market opens on Tuesday, May 14, 2024. The Company will host a conference call and webcast to discuss the results on the same day at 9:00 a.m. Eastern Time. Details for the conference call and webcast are included below. Webcast Participants can access the webcast at the following link: https://services.choruscall.ca/links/centerragold2024q1.html An archive of the webcast will be available until the end of day on August 14, 2024. Conference Call Participants can register for the conference call at the following registration link. Upon registering, you will receive the dial-in details and a unique PIN to access the call. This process will bypass the live operator and avoid the queu...

Elevation Gold Mining Corp. is pleased to announce financial results for three months and year ended December 31, 2023. All figures are expressed in US dollars unless otherwise noted. Summary for the Three Months and Year Ended December 31, 2023 Elevation produced 7,989 ounces of gold and 60,706 ounces of silver for the three months ended December 31, 2023, and 31,047 ounces of gold and 202,060 ounces of silver for the year ended December 31, 2023. The Company generated total revenue of $66.4 million during the year, an increase of 7% compared to 2022, on 31,063 ounces of gold and 281,467 ounces of silver sold. The average realized price of gold per ounce sold for the three months ended December 31, 2023 was $1,916. Income from mine operations before depreciation and depletio...

Big Ridge Gold Corp. is pleased to release results from the 2023 mapping, sampling and geophysical program conducted on the southwest extension of the Hope Brook Gold deposit, consisting of the Main Zone and 240 Zone. These results were part of a larger evaluation that also investigated regional targets in and around the known deposit. The 2023 exploration program is shown in Figure 1. The location of the Induced Polarization and Magnetometer grids are presented in Figures 2 and 3; which also includes results of the IP survey. Michael Bandrowski, President & CEO of the Company, commented: "The results support our thesis that the southwest extension of the Hope Brook Gold deposit, whose estimated Indicated resource is 1.2M ounces grading 2.32 grams per tonne, is of high priori...

LONGUEUIL, Québec, April 18, 2024 -- Reunion Gold Corp. is pleased to announce that it has signed a Mineral Agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission. The Mineral Agreement provides the Company and its 100%-owned Guyanese subsidiary with stable fiscal and operating conditions during the life of the Oko West gold project. The terms in the agreement are consistent with current standard terms established by the country. Rick Howes, President and CEO of Reunion Gold, stated "I am pleased to have executed our Mineral Agreement with the Government of Guyana. This significant milestone marks an important de-risking step towards the development of the Oko West Project and underscores the robust support extended by the Government of ...

Global Energy Metals is pleased to announce that CEO Mitchell Smith will be a speaker at the upcoming Turkiye Critical Minerals Summit being held in Izmir, Turkiye April 24th - 25th. Click Image To View Full Size In recent years, the importance of critical minerals has been increasingly recognized due to their indispensable role in various industries, including renewable energy, electronics, healthcare, and defense. As we navigate the challenges of a rapidly evolving global landscape, ensuring a secure and sustainable supply of these crit...

Benjamin Hill Mining is pleased to announce the company has prioritized the initial target areas for drill testing this spring on the Alotta project. Currently, the company is proposing to complete up to 5 drill holes for a total of 2,500 metres as part of the continuation of the fall 2023 diamond drilling program that paused in November for the winter season. The proposed holes will focus on several high priority and undrilled tested coincident geochemical/geophysical anomalies along a four-kilometre trend. Archer Cathro and Benjamin Hill have created a preliminary drill plan for the 2024 Alotta field program, to test for porphyry-style mineralization on the property. The strategy is designed to test the best drill targets based on merit. These areas are situated in cl...