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Bocana Resources Corp. - is pleased to provide additional information with respect to the previous announced non-binding letter of intent dated March 25, 2024 , for the proposed acquisition of all of the outstanding shares of Empresa Minera Inti Raymi S.A. . The Company has initiated geological reviews several assets within the Kori Pakaska project owned by Inti Raymi . Additional details on the Kori Kollo asset are provided below. As previously disclosed in the April 1, 2024, news release , the Project includes privately held concessions, which include two former open pit mines, dumps and tailings stockpiles, historical processing and mining facilities. Beyond the short term potential of the tailings and low-grade surface waste dumps, the Company believes there are extensive...

Madison Metals Inc. is pleased to announce that, further to its press releases dated March 12, 2024, March 25, 2024 and April 5, 2024, it has issued 860,000 units at a price of CDN$0.35 per unit for aggregate gross proceeds of CDN$301,000 in connection with the second tranche of a private placement . The first tranche of the Private Placement consisted of the issuance of 3,069,600 Units on March 25, 2024 for aggregate gross proceeds of CDN$1,074,360. Each Unit consists of one common share and one-half common share purchase warrant . Each full Warrant entitles the holder thereof to purchase one Common Share in the capital of the Company for a price of CDN$0.50 for a period of eighteen months from the date of issuance. In connection with the Private Placement, the Company paid ...

Dixie Gold provides a fiscal summary to recap certain completed efforts related to its gold project. As outlined, during the past 24 months, the Red Lake Gold Project has received more than $600,000 of expenditures, which the Corporation views to be a significant amount relative to its listed-market capitalization, as well as in terms of a greenfield expenditure at a grass-roots exploration project. Almost exclusively, recent expenditures at the Red Lake Gold Project have occurred without the Corporation needing to fund those exploration-related expenses, i.e. they were third-party incurred during a project-level earn-in . As such, the Corporation achieved capital structure benefits by avoiding the share dilution that such expenditures would likely have othe...

Franco-Nevada Corp. announced today that it will report its first quarter 2024 results as follows: First Quarter 2024 Results Release: May 1st after market close Conference Call and Webcast: May 2nd 10:00 am ET Dial-in Numbers: Toll-Free: 1-888-390-0546 International: 416-764-8688 Conference Call URL : https://bit.ly/3U0wrzh Webcast: www.franco-nevada.com Replay : Toll-Free: 1-888-390-0541 International: 416-764-8677 Passcode: 644762 # View original content:https://www.prnewswire.com/news-releases/franco-nevada-to-release-first-quarter-2024-results-302119918.html SOURCE Franco-Nevada Corp. Contact Please visit our website at www.franco-nevada.com or contact: Candida Hayden, Senior Analyst, Investor Relations, 416-306-632...

Nevada Lithium CEO Stephen Rentschler joined Steve Darling from Proactive to provide an insightful update on the proposed Hydraulic Borehole Mining method earmarked for extracting high-grade mineralized material at the Bonnie Claire lithium project in Nevada. Shedding light on the latest developments, Rentschler revealed that Kinley Exploration has furnished a working model based on HBHM, demonstrating its efficacy in extracting mineralized slurry from depths ranging between 1500 feet and 2500 feet at Bonnie Claire.
The focus of this model is on the extraction of previously intersected high-grade mineralization, notably highlighted by intersections such as the one in Hole BC2303C, which revealed a remarkable concentration of 4,154 ppm lithium over a span of 680 feet. This data serves as a ...

NextSource Materials Executive Vice President Brent Nykoliation joined Steve Darling from Proactive to unveil the latest advancements in the development of the company's Battery Anode Facility located in the Freeport Zone of the port of Port-Louis, Mauritius. Through meticulous planning and a rigorous site selection process, NextSource Materials has achieved a significant milestone by securing a long-term lease agreement for the site, marking a pivotal step forward in the establishment of its inaugural BAF plant.
Nykoliation elaborated on the company's progress, highlighting the integration of engineering enhancements into the plant's design and the initiation of the environmental permitting process . This strategic approach underscores [wp=1566]NextSource Mater...

Power Nickel Inc. CEO Terry Lynch joined Proactive to share the exciting news of the initial assay results for hole PN-24-044, a pivotal component of the company's ongoing drill program at the Lion Discovery site. The outcomes have been overwhelmingly positive, with 15 out of 16 holes yielding promising results.
Among the highlights, PN-24-044 revealed an impressive intersection, boasting 0.60 meters of 24.3 grams of gold, 5.7 grams of silver, 5.29% copper, 3.26 grams of palladium, 0.29 grams of platinum, and 3.31% nickel. These remarkable findings underscore the rich mineralization potential of the Lion Discovery area.
The ongoing drill program, characterized by a standard fan drilling design, has been instrumental in systematically probing the presence of the mineralized zo...

Colossus Resources Corp. today announced it has completed the first tranche of its previously announced non-brokered private placement by the issuance of 1,575,000 units at a price of $0.16 per Unit for aggregate gross proceeds of $252,000.00 . Each Unit is comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of $0.30 for 24 months from closing of the Offering. The Units, common shares, share purchase warrants, and shares issued upon exercise of the share purchase warrants are subject to a four month hold period, expiring August 18, 2024. The proceeds of the first tranche will be used to pay annual property fees in Chile and for working capital. About Co...

Lithium Lion Metals is pleased to announce that it intends to change its name to "Panther Minerals Inc." and its CSE stock symbol to "PURR". These changes are expected to take effect on or about April 19, 2024. Management Changes The Company also announces that it has appointed Mr. Robert Birmingham as Chief Executive Officer and Mr. David Beck as Chief Financial Officer of the Company. Mr. Robert Birmingham has over 15 years of public markets experience, with a focus on corporate development, go-public transactions and capital raising. Mr. Birmingham is currently CEO and President of Brigadier Gold Ltd., Director of BIGG Digital Assets, and holds multiple other board seats. Mr. Birmingham is the President of investor relations Company Benaterra Communications Inc. and ...

Sirios Resources Inc. is pleased to provide the final analytical results from the 3,200 metre winter 2024 drilling program in the Eclipse Area of the Cheechoo gold project located in Eeyou Istchee James Bay, Quebec. The drill program successfully confirmed the continuity of the Eclipse Zone, significantly extended the zone at depth and intersected gold in new areas outside the main Eclipse Zone. Drill Result Highlights: 105.21 g/t Au over 0.8 m, included in 14.16 g/t Au over 6.4 m 24.42 g/t Au over 1.0 m, included in 3.89 g/t Au over 7.0 m 12.82 g/t Au over 0.8 m * 28.47 g/t Au over 1.0 m * 10.64 g/t Au over 1.5 m * 4.05 g/t Au over 3.8 m 47.65 g/t Au over 0.9 m, included in 4.48 g/t Au over 10.5 m *Outside the main Eclipse Zone All drill holes intersected the Eclipse Zone, c...

Aclara Resources Inc. is pleased to announce the closing of the acquisition by CAP S.A. of its 20% equity ownership interest in REE Uno SpA , the Company's Chilean subsidiary that owns the Penco Module project, and receipt by the Company of the initial payment of approximately US$9.7 million in connection with such acquisition. The acquisition is made pursuant to the terms of the previously announced investment agreement entered into between CAP and Aclara on March 13, 2024 . Under the terms of the Investment Agreement, payments are to be made in three tranches, of which the remaining two tranches in the amounts of US$12.5 million and US$6.9 million are to be made in January of 2025 and 2026, respectively. Transaction Summary A US$29.1 million capital contribution by CAP into...

First Phosphate Corp. CEO John Passalacqua and Vice President of Government Relations Armand Mackenzie joined Steve Darling from Proactive to announce the company and the local First Nations, Pekuakamiulnuatsh Takuhikan have announced the signing of a collaboration agreement with respect to its proposed phosphate mine and Lithium Iron Phosphate cathode active material plant project in the Saguenay-Lac-Saint-Jean Region of Quebec, Canada.
The agreement sets out guidelines regarding employment opportunities, business horizons, environmental protection across the Nitassinan or ancestral lands , harmonization of exploration work with the members of the First Nation who occupy the Nitassinan, and the supervision of future work.
Future access to the industrial park at Mashteuiatsh ...