Aztec Minerals provides an update on the gold-silver exploration program at Tombstone Project. The Company has reviewed the previous drilling and surface exploration results, and now is developing, with multi-disciplinary methods and studies, the definitions for new drilling targets to continue the expansion of the project's gold-silver oxide mineralization footprint near to the historic Contention Pit. From that, the goal of the 2024 exploration program is to continue with drilling to expand the large, shallow, gold silver oxide mineralized system and make it amenable for future resource delineation. Aztec CEO Simon Dyakowski commented "Our initial 2024 surface exploration program on the Tombstone project has the potential to create significan...

Nextsource Materials Inc. is pleased to announce progress with the development of its Battery Anode Facility in the Freeport Zone of the port of Port-Louis, Mauritius. Following a comprehensive site selection process, the Company has signed a long-term lease agreement for a site in the Freeport Zone of Port-Louis for the location of its first BAF plant. The Company has integrated engineering improvements into the plant design and initiated the environmental permitting process. Set within an industrial environment, the site offers significant operational benefits as compared to the previously leased site, including logistics improvements resulting from direct port access, a high-quality concrete structure requiring minimal modifications with sufficient space to expand the capa...

Jaguar Mining Inc. today announced preliminary production results for the first quarter of 2024. Full financial results for the quarter will be reported and filed on SEDAR+ on May 8, 2024. All figures are in US Dollars, unless otherwise expressed. First Quarter Operating Highlights Consolidated gold production was 16,177 ounces, compared to 18,155 ounces produced in the first quarter of 2023. First quarter production excludes approximately 450 ounces from Pilar and approximately 200 ounces from Turmalina, mined but in process on March 31, 2024. Consolidated tonnage processed was 191,307 tonnes at 3.03 g/t compared to 206,000 tonnes at 3.17 g/t in the first quarter of 2023. During the quarter, the Company completed primary development of 929 metres, secondary development of 1,0...

Faraday Copper Corp. is pleased to announce the results of four drill holes from its Phase III program at the Copper Creek Project, located in Arizona. One hole was drilled at Old Reliable to test resource expansion potential. Three holes were drilled at Area 51 as a follow-up to the recent Starship and Eclipse breccia discoveries . Paul Harbidge, President and CEO, commented "It is great to see our Phase III drill program delivering on our objectives of adding mineral inventory near the existing resource and making new discoveries in the district. Specifically, drilling at Old Reliable has confirmed that the mineralization remains open at depth. At Area 51, drill hole FCD-24-048 at the Eclipse breccia adds to the previous successes by expanding the known mineralizatio...

Results demonstrate ability to produce saleable and highly marketable Zinc and Lead concentrates from the Primary Massive Sulphide domain. Significant improvement in Zinc recoveries and concentrate grades compared to the Feasibility Study. Metallurgical results, completed at coarser grind sizes supporting simplified flow sheet and lower capital and operating costs relative to the Feasibility Study. Further improvement anticipated from additional ongoing metallurgical optimization test work. Ascendant Resources Inc. ; provides an update on the optimization metallurgical test program on the primary massive sulphides domain at Lagoa Salgada. The Massive Sulphides are the highest margin domain and a large value driver of NPV for the Lagoa Salgada Project. Bench scale metallurgica...

Rio Tinto is teaming up with a leading global venture studio and start-up investor to back the development and commercialisation of breakthrough technologies in the mining industry, supporting the company's efforts to find better ways to provide the materials the world needs. Rio Tinto will partner with Founders Factory and invest A$14.4 million in global pre-seed and seed stage start-ups over the next three years. The focus will be on technologies in the fields of safe mine operations, decarbonisation, exploration processing and automation. Each start-up will receive a cash investment and participate in a four-month accelerator program run by Founders Factory to support product development and commercialisation. The Western Australian Government has also partnered with Founders Factory to...

Perseus Mining Ltd. refers to its off-market takeover bid under Chapter 6 of the Australian Corporations Act for all the current and to be issued ordinary shares in OreCorp Limited. Perseus is pleased to announce that Silvercorp Metals Inc. has accepted the Perseus Offer. Silvercorp's acceptance was for a total of 73,889,007 OreCorp Shares. As at April 9, 2024, Perseus has a relevant interest in 354,982,123 OreCorp Shares . The Perseus Offer is open until April 19, 2024 . Perseus wants to reiterate that the Offer is: unconditional; and best and final in the absence of a competing proposal. OreCorp Shareholders should ACCEPT the Offer now in respect of Your OreCorp Shares. This market announcement was authorised for releas...

Cordoba Minerals Corp. announces today that pursuant to its Stock Option Plan, Long Term Incentive Plan and Deferred Share Unit Plan, the Board of Directors have approved an aggregate of 2,374,932 stock options , 1,054,556 restricted share units and 379,744 deferred share units , respectively, to its directors, certain officers, consultants and employees to acquire up to an aggregate of 3,809,232 common shares in the capital of the Company. 2,374,932 Stock Options were granted to directors, certain officers, consultants and employees to purchase up to an aggregate 2,374,932 common shares of the Company. The Stock Options are exercisable at a price of $0.395 per common share and will vest 1/3 six months after the date of the grant, with an additional 1/3 vesting twelve months ...

Gatos Silver Inc. today announced production results for the quarter ended March 31, 2024 at its 70%-owned Cerro Los Gatos mine in Mexico. Dale Andres, CEO of Gatos Silver, commented: "The CLG mine delivered another strong quarter of operational results. Mill throughput for the quarter was more than 3,200 tonnes per day, an increase of 11% from the first quarter of 2023, and another quarterly record. Silver equivalent production for the quarter was at the top end of guidance with the higher throughput offsetting lower grades for silver, lead and gold as expected in the mine plan." "We made good progress on mine debottlenecking and productivity improvements as we continue to advance towards our medium-term target to sustain throughput rates of 3,500 tonnes per day. We are also...

Perseus Mining is hosting an investor webinar and conference call to discuss its March 2024 Quarterly Results, which are anticipated for release around 8:30am AEST on Wednesday April 24, 2024. CALL DETAILS Australia: Wednesday April 24, 2024 Perth - 7:00am Sydney/Melbourne - 9:00am Canada: Tuesday April 23, 2024 Vancouver - 4:00pm Toronto - 7:00pm UK: Wednesday April 24, 2024 London - 12:00am Register for the investor webinar at the link below: https://us02web.zoom.us/webinar/register/WN_eXx-JWGlT8eWeG20chaqgQ After registering, you will receive a confirmation email containing information about joining the webinar. To join the webinar via telephone, please use one of the following numbers an...

Silver Storm Mining Ltd. , is pleased to announce that it is further increasing the size of its previously announced non-brokered private placement offering of units of the Company for gross proceeds of up to $6,100,000.06 at a price of $0.11 per Unit. The Offering is expected to include a $3.0 million investment from current significant shareholder Eric Sprott. See previous news releases dated March 13, 2024, April 2, 2024 and April 5, 2024 for further details of the Offering. The First Tranche of the Offering closed on April 2, 2024 for aggregate gross proceeds of $1.47 million. Each Unit will consist of one common share of the Company and one half of one common share purchase warrant . Each Warrant shall be exercisable to acquire one additional Common Share at an exercise ...

Rise Gold Corp. announces that it has increased the size of the non-brokered private placement previously announced in its April 3, 2024 news release from US$500,000 up to US$750,000 through the issuance of up to 7,894,736 units at a price of US$0.095 per Unit , with each Unit comprising one share of common stock and one-half of one share purchase warrant . Each whole warrant entitles the holder to acquire one Share at an exercise price of US$0.158 for a period of three years from the date of issuance. The Company further announces it has completed the first tranche of the non-brokered private placement. In this first tranche, the Company raised a total of US$545,902 through the sale of 5,746,341 units. Warrants issued may be exercised until April 9, 2027. The Company has pai...

Abitibi Metals is pleased to announce that it has closed its non-brokered private placement raising gross proceeds of $7,109,021.70 through the issuance of 5,940,723 charity flow-through common shares priced at C$0.86 per CFT Share, and 4,761,904 common shares priced at C$0.42 per Share. Jonathon Deluce, CEO of Abitibi, stated, "The successful closing of this Offering marks a pivotal moment for Abitibi as we are now in a position to complete the full option agreements at both B26 and Beschefer without further funds. This Offering is a major milestone, supporting the market's confidence in the potential of Abitibi. The overwhelming support from our shareholders, once again allowing us to raise capital with no warrants for a third straight...