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...

Denarius Metals Corp. announced today the results of a Pre-Feasibility Study that supports the restart of the Aguablanca Nickel-Copper Project located within the Monesterio municipality, Extremadura, Spain, approximately 88 km SW from the Company's Lomero Project. The Company owns 50% of the Aguablanca Project through its wholly-owned Spanish subsidiary, Alto Minerals S.L.U. The PFS was prepared in accordance with the Canadian Institute of Mining Metallurgy and Petroleum Definition Standards incorporated by reference in National Instrument 43-101 with an effective date of March 24, 2024. All dollar amounts are quoted in U.S. dollars, unless otherwise noted. Serafino Iacono, Executive Chairman and CEO of Denarius Metals, commented, "The PFS confirms our decision late last year...

Maritime Resources Corp. is pleased to provide an update on gold clean up and sampling activities at its Point Rousse gold project in Newfoundland and Labrador. The Point Rousse Project includes the Pine Cove mill and is located 8 km northeast of the town of Baie Verte. Maritime acquired the Point Rousse Project on August 21, 2023. Highlights: Infill sampling of existing drill core below and to the north of the former Pine Cove open pit mine returned 1.37 grams per tonne Gold over 107.8 metres ; including the previously announced intersection of 2.50 gpt Au over 40.8m in drill hole PC-11-181. The mineralized zone is open at depth with additional sampling of adjacent drill holes underway. Gold clean up at the Pine Cove mill is ongoing and over 1,000 kilograms of high-grade con...

Gold79 Mines Ltd. is pleased to announce the initiation of a non-brokered private placement to raise gross proceeds of up to $1,000,000, comprising 4,000,000 post-consolidation units , at $0.25 per Unit . Each Unit will consist of one post-consolidation common share of the Company and one-half post-consolidation common share purchase warrant, each whole warrant will entitle the holder to purchase one common share of the Company at a price of $0.30 per share for a period of 24 months following the date of issuance. Additionally, the Warrants will be callable during the 24-month period, at the option of the Company, in the event that the 20-day volume-weighted average price of the Company's common shares meets or exceeds $0.50 for ten consecutive trading days based on trades on ...

GEMINI PROJECT HIGHLIGHTS: The Gemini Project is located 31 km northeast of Cameco's Key Lake Mine, along the southeastern margin of the uranium rich Athabasca Basin, and hosts the high-grade uranium Gemini Mineralized Zone . GMZ is a shallow basement hosted, high-grade uranium discovery, which remains open at depth and along strike. GMZ is analogous to uranium mineralization along Cameco's Rabbit Lake Trend, which produced 203MM lbs of uranium concentrate. Similarities with the Rabbit Lake Trend are demonstrated by: The visual scale and nature of hydrothermal alteration; The interpreted structural control on mineralization; Mineralization hosted within meta-sediments lithologies with associated alteration halos typical of high-grade uranium deposits within the Athabasca Basin; Uranium min...

Standard Uranium Ltd. is pleased to announce that inaugural drilling activities are now complete at the Company's 3,061-hectare Atlantic Project highlighting anomalous radioactivity1 in all completed drill holes. Atlantic is situated in the prolific eastern Athabasca Basin, northern Saskatchewan . 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 & Basement-Hosted Radioactivity: Multiple zones of elevated radioactivity linked to the sub-Athabasca unconformity and basement structural zones were intersected, indicating a uranium-fertile system. Verified Targets: Massive stru...

Collective Mining Ltd. is pleased to announce robust results from metallurgical flotation test work on its Guayabales project's Apollo porphyry system which was undertaken at ALS Canada Ltd. in Kamloops, British Colombia . As a reminder, based on previous work completed the Company envisions a conventional split circuit for processing material from Apollo with the copper rich stream being treated through a flotation circuit and the copper poor stream being treated through a precious metal focused cyanidation circuit to produce doré . The Company also now expects that a gravity circuit will be included after flotation for recovery of the high-grade tungsten mineralization. Results reported below are from Phase 2 test work completed for the evaluation process for the flotation ...

1911 Gold Corp. is pleased to announce the appointment of Michele Della Libera as Vice President Exploration. Mr. Della Libera will be an integral part of updating the current National Instrument 43-101 resource for the True North underground mine as well as identifying opportunities for resource growth within the footprint of the existing infrastructure, and in the surrounding, 63,000-hectare Rice Lake green-stone belt. "We are pleased to welcome Michele to the 1911 Gold team," stated President and CEO Shaun Heinrichs. "His extensive resource development experience will add significant strength and depth to our team and comes at a critical time where our focus is on confirming the mineral resources within the existing True North underground mine and surrounding near mine foo...