Orogen Royalties Inc. is pleased to report record revenue and record after tax profit for the year ended December 31, 2023. Fiscal 2023 Year End Highlights All amounts are in Canadian dollars unless otherwise stated. Net Income from Operations: Net income was $1,817,198 for the year ended December 31, 2023, up 155% from 2022. Including deferred tax recovery, net comprehensive income was $3,044,389 or $0.02 per share , up 262% from 2022. Royalty Revenue: Royalty revenue of $5,949,248 was earned in 2023 with 2,243 attributable gold equivalent ounces sold at average price of US$1,940 per ounce, up 59% compared to the same period in 2022. Prospect Generation: Revenue from prospect generation activities was $1,879,364 in 2023. After exploration expenses and impairment deductions,...

Targeting growth through drilling Aston Bay Holdings Ltd. is pleased to announce the commencement of high-impact drilling and exploration activities at the Storm Copper Project on Somerset Island, Nunavut. The program will be conducted by American West Metals Limited , who is the operator of the Project. American West has completed the required expenditures to earn an undivided 80% interest in the Project. American West will be solely responsible for funding the program. Highlights The 2024 exploration and resource definition program has commenced at the Storm Copper Project Track-mounted Reverse-Circulation drilling is underway and is initially focused on: Testing new, high-priority exploration targets proximal to the known Storm mineralized zones to discover new zones of ne...

Mako Mining Corp. is pleased to provide first quarter 2024 production results from its San Albino gold mine in northern Nicaragua, which is the eleventh full quarter of production results since declaring commercial production on July 1, 2021. Q1 2024 Production and Financial Highlights Record 67,961 tonnes mined containing 13,965 ounces of gold at a blended grade of 6.39 grams per tonne gold and 15,718 ounces of silver at a grade of 7.19 grams per tonne silver 25,374 tonnes mined containing 9,664 oz Au at 11.85 g/t Au and 9,919 oz Ag at 12.16 g/t Ag from diluted vein material 42,587 tonnes mined containing 4,301 oz Au at 3.14 g/t Au and 5,799 oz Ag at 4.24 g/t Ag from historical dump and other mineralized material above cutoff grade 22.7:1 strip ratio 52,478 tonnes milled con...

Transaction in Own Shares Ecora Resources PLC announces that on 19 April 2024, it purchased 250,000 ordinary shares of 2p each in the Company on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 . The shares acquired will be held in treasury. Date of purchase: 19 April 2024 Aggregate number of ordinary shares purchased: 250,000 Lowest price paid per share : 84.40 Highest price paid per share : 84.40 Volume weighted average price paid per share : 84.40 Following the purchase, the Company will have 261,732,553 ordinary shares of 2p each in issue, of which 9,325,656 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 252,406,897. T...

The acquisition will include Base Resources' 100%-owned advanced, world-class Toliara heavy mineral sands project, which includes a long-life, high-value and low cost monazite stream, produced as a byproduct of primary titanium and zirconium production. Toliara monazite production to be processed at Energy Fuels' 100%-owned White Mesa Mill into separated rare earth element oxides, at low capital and operating cost, setting a new paradigm for low-cost, globally competitive U.S.-centered rare earth oxide production. The transaction will also secure Base Resources' mine development and operations team, who have a successful track-record of designing, constructing, and profitably operating a world-class heavy mineral sands operation in Africa. [wp=1435]Energy Fuels...

Labyrinth Resources Ltd. CEO Jennifer Neild, highlights the company's current operational strategy and future prospects in an interview with Proactive's Stephen Gunnion.
ASX-listed Labyrinth Resources manages two mining assets: the Labyrinth mine in Canada and the Comet Vale mine in Western Australia. The Canadian site, notable for its 500,000-ounce gold resource at an average of five grammes per tonne, is being sold, which will add approximately A$5.3 million to the company's finances. This sale will enable further exploration at Comet Vale, which ceased mining in 2020 but shows promise for substantial gold deposits, indicated by previous exploration results and historical mining activity.
The sale proceeds will fund exploration activities aimed at expanding an...

Artemis Resources Ltd. executive director George Ventouras tells Proactive's Stephen Gunnion that a review of the company's Karratha Gold Precinct coincides perfectly with the recent rally in the gold price to record levels.
The Karratha Gold Precinct in the West Pilbara region includes the discovery of a significant resource at the Carlow tenement, which boasts over 700,000-ounce equivalents of high-grade gold. Ventouras highlighted the identification of additional prospects that could either extend the Carlow tenement or represent separate mineralized events.
Ventouras emphasized the strategic timing of these developments, coinciding with high gold prices and a weaker Australian dollar, which benefits local explorers like Artemis. The company is currently focusing on gold, ...

Strong assay results over wide intervals from infill drilling at CV5. 133.9 m at 1.21% Li2O, including 41.5 m at 1.52% Li2O; and 42.2 m at 1.59% Li2O, including 10.1 m at 3.22% Li2O. 50.5 m at 1.42% Li2O, including 11.4 m at 3.13% Li2O; and 38.7 m at 2.06% Li2O, including 15.6 m at 3.26% Li2O. High-grade intercepts at CV23-298 and 285 are located further west and outside of the previously delineated Nova Zone. Assays and the continuity of mineralization along CV5's western extension are encouraging and situated outside of the June 2023 mineral resource estimate . 30.5 m at 0.77% Li2O, including 14.2 m at 1.57% Li2O; and 21.0 m at 0.81% Li2O, including 11.0 m at 1.46% Li2O - collared in pegmatite. 21.3 m at 0.88% Li2O,...

Delta Lithium Ltd. is pleased to announce an update for the ongoing exploration activities at its Lithium Project at Yinnetharra in the Gascoyne region of Western Australia and the Mt Ida Project in the Goldfields Region of Western Australia. The maiden drilling program at Jameson kicked off in late March 2024 utilising an RC rig. Initial drilling results are very positive with coarse, clean spodumene within pegmatite visible in RC chips. The assay results from the initial hole support the identification of the spodumene. Infill drilling at the Malinda Prospect continues to demonstrate quality lithium intercepts from surface with the dominant lithium bearing mineral being spodumene. The two holes highlighted above YRRD471 and JREX002 represent the two best intercepts to date ...

Delta Lithium Ltd. is pleased to provide the following report on activities undertaken during the March Quarter, 2024. March Quarter Highlights - Binding Farm-In Joint Venture Agreements executed with Voltaic Strategic Resources and Reach Resources Limited to Earn-In ownership of tenement packages across the Yinnetharra region. o As a result of the transactions Delta's footprint in the emerging Gascoyne lithium province has increased by more than 30% to 1,769km2 - Continued exploration success at Yinnetharra and Mt Ida with high-grade intercepts further building Delta's confidence in the Company's geological models. - Drilling results from the Yinnetharra Project demonstrated quality lithium intercepts from surface including: o 30m @ 1.9% Li2O from 199m in YRRD0362 at M36 o 3...

North American lithium producer Sayona Mining Ltd. announced the sale of its shareholding in Troilus Gold Corp. which has further strengthened Sayona's balance sheet. The Company has agreed to sell 19.2 million shares of Troilus for C$0.63 Canadian Dollars per share through a block trade via Desjardins Capital Markets. The sale will result in gross proceeds of approximately A$13.7 million for Sayona. Following the block trade and some smaller recent public market share sales, Sayona will no longer hold any shares of Troilus. Sayona first acquired shares in Troilus at the end of 2022, in relation to the purchase of a material tenement position near the Moblan Lithium Project which added nearly 1,000km2 of prospective land holdings. The shares were acquired on a no...

Gold Royalty Corp. announced today that Glenn Mullan has stepped down as a director of the Company. About Gold Royalty Corp. Gold Royalty Corp. is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to invest in high-quality, sustainable, and responsible mining operations to build a diversified portfolio of precious metals royalty and streaming interests that generate superior long-term returns for our shareholders. Gold Royalty's diversified portfolio currently consists primarily of net smelter return royalties on gold properties located in the Americas. View original content:https://www.prnewswire.com/news-releases/gold-royalty-announces-board-change-302122745.html S...

Almonty Industries Inc. is pleased to announce that, further to its news release dated March 22, 2024, it has closed three tranches of its non-brokered private placement through the sale of 4,263,263 units at a price of CDN$0.55 per CDN Unit, raising gross proceeds of CDN$2,344,795, and 1,525,000 Chess Depository Interests units at a price of A$0.62 per CDI Unit, raising gross proceeds of A$945,000. Each CDN Unit is comprised of one common share and one share purchase warrant with each share purchase warrant being exercisable into one additional common share of the Company at a price of CDN$0.74 per share for a period of 24 months from the date of closing. Each CDI Unit is comprised of one CDI, with an underlying common share, and one unlisted option exercisable at A$0.84, fo...