Teako Minerals Corp. is pleased to announce that, in response to further investor demand, the Company has upsized its $580,000 non-brokered private placement, previously announced on March 14, 2024 and March 18, 2024, to $900,000 . The Company closed the first tranche of the Offering for aggregate gross proceeds of approximately $579,600 . The First Tranche of the Offering was subscribed by a group of supportive Danish investors as well as a previous private placement participant from Norway. In connection with the Offering, the Company wishes to extend its gratitude to the participants. Chief Executive Officer, Sven Gollan, comments: "After successfully acquiring an extensive land package throughout Norway, the Company will now focus on further developing its project portfol...

InZinc Mining Ltd. is pleased to announce that it has retained Venture Liquidity Providers Inc. , in accordance with TSX Venture Exchange Policies, to initiate market-making services to provide assistance in maintaining an orderly trading market for the common shares of the Company. The market-making services will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, the Company has agreed to pay VLP $5,000 per month for an initial period of three months. Thereafter, the agreement may be terminated at any time by the Company or VLP. The Company and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the Company...

T2 Metals Corp. is pleased to announce first assay results from an initial field reconnaissance visit to the Company's 100% owned Copper Eagle copper-gold project, located in Douglas County, Nevada. The project is easily accessed utilizing existing all weather roads from Nevada State Route 395. Several large former copper mines and development projects lie within 50 km of Copper Eagle, including the Anaconda copper Mine in Yerington, Hudbay Minerals' Mason Project and Nevada Copper Inc's Pumpkin Hollow Mine . T2 Metals geologists located various trenches and shallow pits/workings reported by consulting geologist Majid Shokohi in 1971. Representative rock chip samples were taken from five of the most significant pits/workings across an area of approximately 200 by 200 metres. ...

Headwater Gold is pleased to announce the appointment of Mr. Fraser MacCorquodale as a Non-Executive Director, effective immediately. The Company has appointed Mr. MacCorquodale as a Non-Executive Director; Fraser is an exploration geologist with over 35 years’ experience and until recently was Newcrest Mining’s global head of exploration from 2008 to 2023, during which he was directly involved in several discoveries within Australia, Indonesia, Papua New Guinea, West Africa and Western Canada; and Fraser brings a deep understanding of high-grade epithermal gold deposits which are the focus of exploration across Headwater’s portfolio of projects.

Terra Balcanica Resources Corp. is pleased to provide an update from the Phase I and II exploration drilling within its principal 168 km2 Viogor-Zanik project in Bosnia-Herzegovina. The Company completed approximately 2,200 m of drilling along a shallow, high grade, silver-dominated, intermediate sulfidation polymetallic Ag-Au-Pb-Zn-Sb vein system at the locality known as Chumavichi . This semi-continuous, 7.2 km-long structural corridor associated with a low magnetic response was previously largely untested by drilling and hosts altered volcanic tuffs and breccias with occurrences of massive Pb, Zn and Fe sulphides. At the Company's second Viogor-Zanik target of Brezani , Terra discovered a surficial auriferous skarn superimposed on an Ag-Pb-Zn-Au mineralized, NE-shallowing ...

Traction Uranium Corp. is pleased to announce the appointment of Paul Gorman as Interim Chief Executive Officer and Director of the Company. Mr. Gorman is a resource sector-focused corporate specialist with over 25 years of experience in junior mining finance, public listings, viability assessment, and the operational rationalization of several emerging-growth public companies. For 18 years, he served as President and Managing Partner of Riverbank Capital by working with small-cap companies to assist in financing, property, and profile development. Paul was instrumental in raising capital over $85 million, and in developing plans for ongoing sustainable business growth. He was instrumental in revitalizing the junior graphite space in North America in 2008 by funding Industria...

Monumental Energy is pleased to announce that it has entered into an arm's length option acquisition agreement with Summit Nanotech Corporation dated April 11, 2024, whereby the Company has agreed to transfer and assign its rights and obligations under the Turi Option Agreement to Summit. The Company had previously entered into an option agreement with Lithium Chile and its wholly-owned Chilean subsidiary Compania Minera Kairos Limitada dated October 5, 2022, as amended August 24, 2023 , whereby Monumental was granted an option to acquire a 50.01% interest in the Salar de Turi project from Lithium Chile. The Turi Project is located 120 km northwest of the Salar de Laguna Blanca and 60 km northeast of the city of Calama, Chile. Pursuant to the Acquisition Agreement...

Wedgemount Resources Corp. , announces it has approved the grant of stock options to acquire up to 430,000 common shares in the capital of the Company . The Options are exercisable for a five-year term expiring on April 11, 2029, at a price of $0.15 per Option. Any Common Shares issued pursuant to the exercise of the Options, will be subject to a four month hold period expiring on August 11, 2024, unless waived by the Canadian Securities Exchange. About Wedgemount Resources Corp. Wedgemount Resources is a junior natural resources company focused on maximizing shareholder value through the acquisition, development and exploitation of oil and gas leases in Texas, USA. On behalf of the Board of Directors, Wedgemount Resources Corp. Mark Vanry, President and CEO For...

Atco Mining Inc. is pleased to announce that inaugural drilling activities are now complete at the 3,061-hectare Atlantic Uranium Project highlighting anomalous radioactivity1 in all completed drill holes. Atlantic is situated in the prolific eastern Athabasca Basin, northern Saskatchewan . The Project is currently under option from Standard Uranium Ltd., an arm's-length company listed on the TSX Venture Exchange . Pursuant to the option, Atco can earn a 75-per-cent interest in the project over three years. Highlights: Inaugural Success: Anomalous radioactivity was intersected in all five of the Company's inaugural drill holes at the Atlantic Project, coinciding with prospective structural zones and favorable alteration including dravite-rich clays. Sandstone Ba...

Peabody today announced preliminary unaudited financial results for the first quarter of 2024. The company expects to report first quarter revenue of $980 million; income from continuing operations, net of income taxes of $45 million; and Adjusted EBITDA1 of $160 million. These amounts are estimates, actual first quarter 2024 financial results will be released on May 2, 2024. Sales volumes in the first quarter were largely in-line with expectations for our seaborne segments while the U.S. thermal segments reported lower than expected shipments. The seaborne thermal segment shipped 4.0 million tons , the seaborne met segment shipped 1.4 million tons, the PRB segment shipped 18.7 million tons and the Other U.S. thermal segment shipped 3.2 million tons. First quarter results were impacted by ...

Taranis Resources is pleased to announce the NI 43-101 compliant Technical Report titled "Technical Report and Updated Mineral Resource Estimate of The Thor Gold-Silver Project, Revelstoke Mining Division, British Columbia, Canada" dated April 11, 2024, has been filed on SEDAR+ .Taranis owns 100% of the Thor project in British Columbia. The Thor Project consists of approximately 3,800 ha of Mineral Claims, and 27 Crown Grant Mining Claims. Taranis owns the minerals outlined in the Updated Mineral Resource Estimate - in fee-simple, unencumbered by any royalties. Taranis has taken a systematic approach to exploring the Thor Deposit. The steps have involved: Defining the Mineral Resource in the near surface epithermal deposit. Delineating peripheral exploration targets. Per...

For more than 20 years, Seabridge has set and published annual objectives and reported on the results at the end of each year. We call it our report card. . Our degree of success measured against annual objectives is used to determine "at-risk" compensation for senior management and bonus considerations for other employees. Here are the 15 objectives set for 2024 and the weighting factors assigned by our Board. # 2024 Objectives Weighting 1 Enter a joint venture agreement on the KSM project with a suitable partner on terms advantageous to Seabridge shareholders 20.5 2 Secure a minimum of $50 million in new funding to continue to advance construction activities at the BC Hydro switching station which will provide low cost, green hydro power for KSM 12.0 3 Exit 2024 with more gold resources ...

Orezone Gold Corp. is pleased to announce its first quarter 2024 gold production results from its Bomboré Gold Mine, located in Burkina Faso: Gold production of 30,139oz Gold sales of 31,229oz at an average realized price of US$2,066/oz, resulting in sales of US$64.5 million Patrick Downey, President & CEO stated, "Q1 marked a solid start to 2024. Production to date for Q2 is trending above plan and the Company remains well positioned to meet its 2024 production guidance of 110,000 - 125,000oz." Bomboré Production Results Unit Q1-2024 Ore processed tonnes 1,355,619 Ore grade Au g/t 0.78 Plant recovery % 89.0 Gold produced Au oz 30,139 About Orezone Gold Corporation Orezone Gold Corp. is a West African gold producer engaged in mining, developing, and exploring it...