PJX Resources Inc. is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement. A total of 2,500,000 units of the company were issued at a price of $0.20 per unit for aggregate gross proceeds in the second tranche of $500,000. Combined with the first tranche closing previously announced in a press release of the Company dated April 15, 2024, a total of 13,611,111 units of the Company have been issued for total gross proceeds of C$3.6 million . Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant . Each whole Warrant acquired as part of a Unit in the second tranche closing will entitlethe holder to purchase one common share at an exercise priceof $0.40 for 24 mont...

Valhalla Metals Inc. is providing an update on the Ambler Mining District Access Road. The proposed Ambler Access Road is planned to cross Valhalla State mining claims at the Sun project and would unlock a host of critical and strategic metals located in the Ambler Mining District - all metals necessary for the green energy and transportation transition and to ensure a secure domestic supply chains for these metals. On April 16, 2024, AIDEA - the Alaska Industrial Development and Export Authority issued a press release in response to anonymously leaked media reports indicating the Department of Interior plans to block access to the Ambler Mining District by issuing a "no action alternative" decision. In its press release, AIDEA strongly urges the Department of Interior to com...

InZinc Mining Ltd. is pleased to report barite results from 2022 diamond drilling in the Keel area at the Indy project located 90 kilometres southeast of Prince George in central British Columbia, Canada. Barite mineralization, recently discovered at Keel in 2023 drilling , is also found at many of the world's largest Sedex deposits. The discovery of abundant barite at Indy is an exciting and important development, improving the potential for discovery of district-scale Sedex deposits . Additional barite results are pending and will provide further insight into barite distribution and its link to Sedex mineralization at the 30 km long Project. The Company is also currently renewing its drill permit for a 5-year term. New results include high grade barite in core at the southe...

PTX Metals Inc. is pleased to announce that the Company has closed the first tranche of a non-brokered flow-through private placement raising $300,000 consisting of 7,500,000 units at a price of $0.04 per unit . The Company expects to close a final tranche of the FT Units Offering raising a total of $750,000. The use of proceeds will be used to complete an exploration target based on the historical and current drilling at W2 , to commence a Phase 2 drilling program at W2 and a program of prospecting and sampling. Each FT Units Offering consists of one common share in the Capital of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one half of one common share purchase warrant . Each Warrant shall be exercisable into one non-flow-th...

Eastfield Resources has recently increased the Zymo Property claim holding by staking an additional 5,284 ha to total 18,184 ha. Zymo lies approximately 45 km west of the town of Smithers and is accessible by logging haul roads. Previous exploration on the Project has seen expenditures of approximately $5M since 2007 which has resulted in the outline of an 8 km x 2 km open ended IP chargeability anomaly that encloses several zones of copper-gold mineralization related to Jurassic/Cretaceous intrusions. The most advanced mineralized zone is the Hobbes Zone, near the western end of the IP anomaly. This zone was discovered by prospecting magnetic features and the strongly potassium altered outcrop is a beautiful illustration of the style of mineralization which ...

Newlox Gold Ventures is pleased to provide an update on commissioning at Project 2; the Boston Clean Gold Project. Ryan Jackson, CEO, is pleased to announce that the Company has started feeding mineralized material through it's second, larger, plant in Costa Rica. The Project will process feedstock freshly extracted from the Boston Mine by the Company's local mining partners. At full capacity, the new Boston mill will handle up to 150 tonnes per day of material grading +/- 15 grams per tonne of gold, with an expected gold recovery rate of at least 90%. All feedstock will be supplied by the Company's local mining partners, with profits to be shared equally between the parties after expense...

Royal Gold Inc. announced today its guidance for calendar year 2024 total stream and royalty sales volume, depletion, depreciation and amortization expense , and effective tax rate, as well as an update on the recent repayment of outstanding borrowings. 2024 Guidance Sales guidance for 2024 is provided on a sales volume basis to improve transparency and avoid the effect of volatile commodity prices in the conversion of revenue to gold equivalent ounces. Sales volume for stream agreements represents physical metal sold, and sales volume for royalty agreements represents royalty revenue received divided by the average metal price for the relevant period. Royal Gold expects 2024 sales volume, DD&A and effective tax rate to be as follows: 2024 Guidance January 1 - December 31, ...

Metallis Resources Inc. announces the closing of its over-subscribed non-brokered private placement . Details announcing the Financing can be found in the Company's previous News Release dated March 14, 2024. Total proceeds from the Financing are $514,195, resulting in the issuance of 7,910,691 shares at a price of $0.065 per share. Proceeds from the Financing will be used for general corporate purposes and the first phase exploration of the Greyhound Property. This planned program will comprise geological mapping, geochemical soil sampling, trenching/ chip sampling and airborne geophysical surveys which will lead to the identification of potential targets for future drilling. The Company has received regulatory approval from the TSX Venture Exchange for the Financing, and al...

Trading Symbol: ELR ; EPS Eastern Platinum Ltd. is providing this bi-weekly default status report in accordance with National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults . On April 4, 2024, the Company announced that it was unable to file its annual audited financial statements for the fiscal year ended December 31, 2023 and the related management's discussion and analysis and annual information form for the fiscal year ended December 31, 2023 by the deadline of April 1, 2024. On April 3, 2024, the British Columbia Securities Commission, as principal regulator, granted a temporary management cease trade order to the Company. The Company intends to file the 2023 Required Filings as soon as practicable. Pursuant to NP 12-203, the Company must file bi-week...

First Phosphate Corp. is pleased to announce the appointment of Gary Stanley to the advisory board of the Company. Gary Stanley has more than 40 years experience with the U.S. Department of Commerce in Washington, DC. Mr Stanley has served under every U.S. President from Ronald Reagan to Joe Biden. During his tenure, Mr. Stanley worked with both public and private sector stakeholders to strengthen American supply chains and to enhance U.S. global competitiveness in critical minerals, metals, chemicals, and other materials industries. Mr. Stanley was lead author of the 2019 US Federal Critical Minerals Strategy which became the foundation for the U.S. Government's critical mineral supply chain prerogatives. This initiative also led to the creation of the 2019 USA-Canada Critic...

Palisades Goldcorp Ltd. is pleased to announce that New Found Gold Corp. , a significant equity investee of Palisades within the meaning of applicable Canadian securities legislation, has announced the results from 85 diamond drill holes that were completed as part of multiple drill programs designed to expand and follow up on high-grade gold mineralization across several discovery areas located on the east side of the Appleton Fault Zone at New Found's 100%-owned Queensway project in Newfoundland and Labrador. Zones reported in New Found's news release of today's date include Jackpot, Honeypot, Everest, Golden Joint, Lotto, Lotto North, and Dome. For further details regarding these discovery areas, including the results of the drill holes and information of a technical natur...

Altamira Gold Corp. is pleased to announce the results of the first six drill holes completed in the second drill campaign at the Maria Bonita gold discovery. Highlights: DDMDA13 returned 139.4m @ 0.5 g/t gold from surface including 28m @ 0.9 g/t gold. DDMDA15 similarly returned 120.3m @ 0.5 g/t gold from 69.2m depth including 38.5m @ 0.9 g/t gold from 151m depth. DDMDA10 returned 160.0m @ 0.4 g/t gold from 36.0m depth including 31.2m @ 0.6 g/t gold from 79.4m depth and 6.2m @ 3.6 g/t gold from 245.5m depth. Four of the six holes completed confirmed the association of thick intervals of gold mineralization with a sub-cropping quartz porphyry rhyolite intrusive. This is the same host rock intersected in prior drilling and is now shown to be mineralized over approximately 250m e...

Kenorland Minerals Ltd. is pleased to provide an update on its 2024 exploration activities for its portfolio of projects located in Quebec, Ontario, Manitoba, Saskatchewan, British Columbia, and Alaska and partnerships with Sumitomo Metal Mining Canada Ltd. , Newmont Corporation and Centerra Gold Inc. . The Company's current working capital position is approximately $23.5 million. The total updated forecast for exploration expenditures on properties in which Kenorland holds direct or royalty interests is anticipated to be over $24.0 million in 2024, which includes approximately $19.0 million in exploration financed by partners. Forecasted 2024 revenue, including management fees and cash payments is approximately $2.5 million and the Company anticipates receiving a refundable ...