Further to its press releases dated October 20, 2023 and November 13, 2023, Strategic Minerals Europe Corp. , a company focused on the production, development, and exploration of tin, tantalum, and niobium, wishes to provide an update with respect to the Spanish Court decision regarding the section C permit for the Company's Penouta tin-tantalum mine in Spain . On October 16, 2023, the Superior Court of Xustiza of Galicia notified the Company that it decided to provisionally suspend the section C permit for the Company's Penouta Project after a complaint filed against the regional mining authority Xunta de Galicia, requesting a revocation of the section C permit granted to the Company in May 2022 . On October 23, 2023, the Company submitted an appeal of the Decision to the Ad...

First Quarter Results Release: Monday, May 6, 2024 after market close Conference Call Details: Tuesday, May 7, 2024 8:30am ET / 6:30am MT Dial-in Numbers: Toll Free: 1.888.390.0546 International: 1.416.764.8688 Replay: For those unable to dial-in to the conference call, an archived version will be available by 2:00pm ET / 12:00pm MT on May 7, 2024 at: https://www.megenergy.com/investors/presentations- events/ About MEG MEG is an energy company focused on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. MEG is actively developing innovative enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil as well as lower carbon emissions. MEG transports and s...

Wesdome Gold Mines Ltd. today announces first quarter 2024 production results. The Company is also providing notice that it will release first quarter 2024 financial results after market close on Wednesday, May 8, 2024. All figures are expressed in Canadian dollars unless otherwise indicated. Q1 2024 Production Performance Q1 2024 Q1 2023 Ore milled Eagle River 51,632 54,283 Kiena 45,344 42,324 Head grade Eagle River 15.5 12.2 Kiena 5.9 5.9 Gold production Eagle River 24,899 20,491 Kiena 8,423 7,877 Total Gold production 33,322 28,368 Production sold 35,700 30,000 Anthea Bath, President and CEO of Wesdome, commented: "The first quarter of 2024 saw combined production which was in line with expectations, as we begin a year focused on delivering significant production and free c...

Aris Mining Corp. announces its operating results for the three months ended March 31, 2024 . Neil Woodyer, CEO of Aris Mining, commented "In line with our budget, our mines produced 50,768 ounces of gold in Q1. Plant throughput was slightly reduced in Q1 because of planned maintenance at the Segovia processing facility and we achieved averaged processed gold grades of 9.4 g/t, consistent with our Segovia mine plan. Our gold production is scheduled to increase from Q2 to Q4 as the Segovia mine plan progresses to higher-grade zones, and we are on-track to deliver full year 2024 production guidance of 220,000 to 240,000 ounces. In addition, we are pleased with the progress of the expansion projects at the Segovia and Marmato mines. Following completion of the expansions, Aris M...

Waraba Gold Ltd. is pleased to announce a non-brokered private placement financing for gross proceeds of up to $1,000,000 through the issuance of up to 33,333,333 common shares in the capital of the Corporation at a price of $0.03 per share . Proceeds raised from the Private Placement will be used for to fund the Company's immediate exploration activities. The Common Shares issued under the Private Placement will be subject to a statutory hold period expiring four months and one day from the date of issuance. Closing of the Private Placement may be completed in one or more tranches with the closing of first tranche expected to occur on or about the first week of April 2024, with closing and pricing thereof subject to the review and approval of the Canadian Securities Exchange...

SPOD Lithium Corp. is pleased to announce that the board of directors has appointed Mr. Mathieu Couillard as the Company's new President & Chief Executive Officer and member of the board of directors. Mr. Couillard brings a strong background in capital markets and business strategy to his role at Spod Lithium. He is an experienced Board Member and financial consultant with expertise in advising management and board of directors on capital market matters. During his career, Mr. Couillard served as Managing Director of investment banking at Haywood Securities in Toronto, leading the Special Situations team from 2016 to 2022. Mr. Couillard is an experienced investment banker with extensive expertise in capital markets. He participated in over $1 Billion in capital ...

Adyton Resources announces it has revised the pricing of its non-brokered private placement offering previously announced in its press release of March 27, 2024. The Financing will now consist of up to 50,000,000 common shares at a price of C$0.03 per Share for aggregate gross proceeds of up to C$1,500,000. The Company intends to use the net proceeds of the Financing for general corporate purposes, exploration activities, and tenement holding costs. Any specific use representing 10% or more of the gross proceeds of the Financing will be detailed on closing of the Financing, however, it is expected the majority of the proceeds will be used for general corporate purposes. None of the proceeds from the Financing will be used ...

Canada One Mining is pleased to announce a non-brokered private placement consisting of up to 50,000,000 units of the Company, at a price of $0.015 per Unit. Each Unit will consist of one common share in the capital of the Company and one whole Common Share purchase warrant. Each Warrant will be exercisable into one Common Share at a price of $0.05 per Warrant Share for a period of three years after the closing date of the Private Placement . If, at any time following the date that is four-months-and-one-day following the Closing Date, the Common Shares have a closing price on the TSXV Venture Exchange of $0.08 or greater per Common Share for a period of five consecutive trading days, the Company shall have the right to accelerate the expiry date of the Warrants that...

Steppe Gold Chief Financial Officer Jeremy South joined Steve Darling from Proactive to unveil a significant development in the company's growth trajectory. Steppe Gold has initiated a transformative share exchange agreement aimed at acquiring all of the issued and outstanding common shares of Boroo Gold, a strategic move poised to establish Steppe Gold as Mongolia's premier gold producer.
In tandem with this acquisition, Steppe Gold has also finalized separate definitive share purchase agreements, paving the way for the sale of the Tres Cruces Oxide Project to Boroo Singapore for approximately 12 million Canadian dollars, to be disbursed over the course of the next 18 months.
South emphasized that this strategic maneuver not only acc...

TNR Gold Corp. executive chairman Kirill Klip discusses the company's strategic moves and upcoming projects with Proactive's Stephen Gunnion.
Klip highlighted the purchase of over 6 million shares under its normal course issuer bid program, underscoring the management's belief that the current share price does not reflect the true value of the company's assets. He referenced a report from Fundamental Research Corp., which set a price target of 22 cents per share.
Additionally, Klip noted significant progress in TNR Gold Corp.'s projects, including the Shotgun Gold Project in Alaska, which benefits from rising gold prices and promising drill results. The project's inferred gold reserves stand at over 700,000 ounces, with potential for resource expansion through f...

US Gold Corp. founder Edward Karr discusses the current gold market and company prospects with Proactive's Stephen Gunnion. Karr highlighted the gold price reaching new all-time highs at approximately $2,400 per ounce, which he sees as a positive trend for the industry, particularly beneficial for junior mining companies.
Despite recent fluctuations, the industry remains highly profitable at these levels. Karr shared insights from the European Gold Forum in Zurich, noting a decrease in investor attendance compared to previous years, which he interprets as indicative of a "stealth bull market."
Karr expressed optimism for future gold prices, emphasizing strong fundamentals despite potential headwinds from high interest rates and a robust US dollar. He believes that gold's resil...

Element 29 Resources Inc. is pleased to announce that, subject to regulatory approval, it has retained the services of Stellium Service Ltd. to provide investor communications and outreach programs in the European and Australasian regions for £3,000 per month for an initial 12-month term effective immediately. Stellium is at arm's length to Element 29, has no relationship with the Company except under this contract and no current ownership interest in the Company. About Stellium Service Ltd. Stellium is a strategic communications and corporate development firm based in London, UK and its principal is Andrew Wilson. Further information on Stellium can be found on their website www.stelliumservices.com About Element 29 Resources Inc. Element 29 is an emerging copper exploration...

Power Nickel is pleased to announce assay results for hole PN-24-044. Highlights: 0.60 m of 24.3 g gold, 5.7 g silver, 5.29% copper, 3.26 g palladium, 0.29g platinum , and 3.31% nickel including: 2.4 m of 0.60 g Au, 103.62 g Ag, 12.12% Cu, 13.27 g PD, 2.52g Pt and 0.22% Ni 6.55 m of 2.59 g Au, 40.27 g Ag, 5.33% Cu, 6.35 g PD, 1.5g Pt and 0.43% Ni 15.75 m of 1.6 g Au, 25.34 g Ag, 2.52% Cu, 2.73 g PD, 0.65g Pt and 0.19% Ni "Why is this hole important for our shareholders? If you were to ask a miner what a perfect mine is the answer would be a substantial high...