South Pacific Metals Corp. is pleased to announce that it has closed its previously announced private placement financing of C$1,500,000 , originally announced on February 23, 2024. The Company has issued an aggregate of 7,500,000 common shares of the Company at a price of C$0.20 per Share to raise gross proceeds of C$1,500,000. The Shares issued under the Offering will be subject to a four month hold period. The Company did not pay any finders fees under the Offering. The proceeds of the Offering will be used as follows: approximately US$500,000 to carry out exploration work on its properties located in Papua New Guinea, and the balance on general administrative and working capital purposes. Multilateral Instrument 61-101 - Related Party Transaction DCJL Consulting Ltd. and ...

PPX Mining Corp. is pleased to announce that it has closed its fully-subscribed non-brokered private placement previously announced on March 20, 2024 for aggregate gross proceeds of $1,350,000 . The Offering involved the issue of 30,000,000 units at a price of $0.045 per Unit for gross proceeds to the Company of $1,350,000. Each Unit consisted of one common share of the Company and one common share purchase warrant, non-transferable except with the prior consent of the Company, with each warrant entitling the holder to acquire one common share of the Company at an exercise price of $0.07 until April 18, 2026. The Company intends to use the proceeds from the Offering to finance further exploration in surrounding areas of hole 7 of the Company's Igor project and working capital...

FPX Nickel CEO Martin Turenne joined Steve Darling from Proactive to announce an expansion of the company's Global Generative Alliance program with the Japan Organization for Metals and Energy Security . Building on the progress achieved in Year One and the positive momentum generated thus far, FPX and JOGMEC have agreed to an expanded budget for Year Two of the program.
Turenne elaborated on the developments, emphasizing that the program will continue to focus on the global identification and acquisition of high-quality awaruite nickel properties akin to the company's flagship Baptiste Nickel Project in central British Columbia.
Under the expanded Year Two budget, the alliance's financial resources will increase from the initially planned $650,000 to $1,500,000. This signifi...

First Phosphate Corp. CEO John Passalacqua and news Advisory Board member Gary Stanley joined Steve Darling from Proactive to announce an exciting development: the appointment of Stanley to the company's advisory board. With over 40 years of experience with the U.S. Department of Commerce in Washington, DC, Stanley brings a wealth of expertise and insight to First Phosphate Corp.'s strategic endeavors.
Throughout his illustrious career, Stanley has served under every U.S. President from Ronald Reagan to Joe Biden, leveraging his extensive experience to collaborate with both public and private sector stakeholders. His efforts have been instrumental in strengthening American supply chains and enhancing U.S. global competitiveness across critical minerals, metals, ...

Impact Silver Corp. is pleased to announce further results from an ongoing drill program at the Tres Amigos Zone at its recently acquired Plomosas zinc mine in northern Mexico. HIGHLIGHTS The Tres Amigos drill program continues to confirm the presence of high-grade mineralization in the area of the Plomosas Mine. Drill hole TASC-24-28 intersected a wide interval grading 10.22% zinc, 0.50% lead and 8 g/t silver over 8.6 metres including 14.67% zinc, 0.66% lead and 11 g/t silver over 5.5 metres and including 30.10% zinc, 0.86% lead and 14 g/t silver over 1.1 metres. Drill hole TASC-24-29 intersected 10.54% zinc, 5.48% lead and 19 g/t silver over 3.6 metres including 17.95% zinc, 10.16% lead and 32 g/t silver over 1.85 metres. Drill hole TASC-24-32 intersected a wide 11.7 metre i...

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...