Alamos Gold Inc. and Argonaut Gold Inc. today announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed for 174,825,175 common shares of Argonaut , representing approximately 13.8% of Argonaut's total outstanding common shares after giving effect to the Private Placement. The Acquired Shares were acquired at a price of C$0.286 per share, for total gross proceeds to Argonaut of C$50,000,000. The Private Placement was conducted pursuant to the terms of the arrangement agreement between Alamos and Argonaut entered into on March 27, 2024 pursuant to which Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement . The net proceeds from the Pri...

Endurance Gold Corp. is pleased to announce that the Company will be attending the Kamloops Exploration Group Conference at the Coast Kamloops Hotel on April 9th and 10th. The Company will have a two-day booth where it will display drill core from its Reliance Gold Project. Darren O'Brien, VP Exploration for the Company will also be presenting the Reliance Gold Project update and exploration plans for the 2024 season on April 9th at 2:30 pm PDT in the Conference Ball Room. For more information and/or to register for the conference please visit: https://keg.bc.ca/ The Reliance Gold Project is interpreted to host a shallow-level Orogenic gold system. Since the 2020 discovery of the Eagle Zone, the Company has completed 84 RC drill holes and 82 diamond drill holes along a 1.5 km...

Gabriel Resources Ltd. announced on March 8, 2024 that the Company's ICSID arbitration claims against the Romanian Government were dismissed by a two to one majority of the tribunal members , who also awarded Romania approximately US$10 million in legal fees and expenses . The Cost Order incurs simple interest from the date of the award at the 3-month US Treasury rate. Following further analysis of the Tribunal's decision with its professional advisers, the Company continues to believe that the Tribunal's decision is deeply flawed. Accordingly, the Company is evaluating the possibility of challenging the decision through the annulment process prescribed by the ICSID Convention. Any annulment application must be filed within 120 days of the date of the Tribunal's decision. The G...

TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN IE00BDC5DG00 Issuer Name Kenmare Resources Public Limited Company UK or Non-UK Issuer Non-UK 2. Reason for Notification An acquisition or disposal of financial instruments 3. Details of person subject to the notification obligation Name IG Markets Limited City of registered office London Country of registered office United Kingdom 4. Details of the shareholder Full name of shareholder if different from the person subject to the notification obligation, above City of registered office Country of registered office 5. Date on which the threshold was crossed or reached 27-Mar-2024 6. Date on which Issuer notified 03-Apr-2024 7. Total positions of person subject to the notification obligation . % of voting rights atta...

Cleveland-Cliffs Inc. today applauded the Department of Energy's final transformer efficiency standard rule that will provide for the continued utilization of Grain-Oriented Electrical Steel in virtually all of Cliffs' current distribution transformer end markets. With this revised rule, the DOE acknowledged the fundamental importance of GOES and the essential role played by Cleveland-Cliffs steel plants in Butler, PA and Zanesville, OH in effectively sustaining the functionality of the U.S. electric grid. Cleveland-Cliffs and the United Auto Workers worked collaboratively to educate the DOE on the shortcomings of the originally proposed distribution transformer rule and the danger of relying on Amorphous Metal, which is produced in very limited volumes and exclusively from im...

Omai Gold Mines Corp. is pleased to announce positive results from its first Preliminary Economic Assessment for the Wenot Project, one of the two gold deposits located on its 100%-owned Omai Property, in Guyana. The PEA supports an initial open pit mining scenario for production averaging 142,000 ounces of gold per year over a 13-year mine life, with peak year production of 184,000 ounces. Total Wenot production is estimated at 1,840,000 ounces of payable gold. A spot gold price sensitivity of $2,200/oz supports an after-tax Net Present Value5% of $777 million, a 24.7% Internal Rate of Return , and a payback period of 3.5 years. Elaine Ellingham, President and CEO comments: "We are extremely pleased with this first economic assessment for the new Omai that incorporates only...

Bessor Minerals Inc. is pleased to announce that, on April 3, 2024, it entered into an option agreement with K2 Resources Inc. wherein K2 shall grant an option to Bessor to earn a 60% interest in the Easter gold project in Lincoln County, Nevada . With gold breaking out to recent new highs, Bessor is excited to move forward with the Easter Gold Project as an advanced stage exploration asset with significant potential to grow from drilling. The execution of the Option Agreement is subject to the approval of the TSX Venture Exchange . Highlights: Advanced stage gold and silver exploration deposit. Significant untested exploration potential. Located 13.4 miles south of the city of Caliente, NV. Excellent location with easy access via paved and gravel roads and jeep trails. PROPE...

Mawson Gold Ltd. announces Mawson's 50.5% owned subsidiary, Southern Cross Gold Ltd. has stated that it is conducting a non-renounceable fully underwritten pro-rata entitlement offer to raise approximately A$10.23 million before costs. Mawson intends to cornerstone the Rights Issue through acquiring its full entitlement as a 50.5% shareholder of SXG. The Rights Issue is to raise A$10,232,848 with one new fully paid ordinary shares, priced at A$1.82 per share, offered for every thirty-three fully paid ordinary shares held at the record date. Amongst other jurisdictions, SXG will offer shareholders with a registered address in the Provinces of Alberta, British Columbia and Ontario at 7:00 PM on April 9, 2024 the opportunity to subscribe for one new fully paid ordin...

Silver X Mining Corp. announces that the Company has closed the first tranche of its previously announced non-brokered private placement offering with the placement of 6,156,199 units at a price of $0.18 per Unit for gross proceeds of $1,108,116. Each Unit consists of one common share and one half of one Share purchase warrant with each whole Warrant entitling the holder to purchase one Share of the Company at a price of $0.30 per Share for a period of 36 months from the date of closing of the Private Placement . Proceeds of the Private Placement will be used for capital expenditures and exploration related to the Nueva Recuperada Silver District in Peru and potential acquisitions of assets. All securities issued and issuable in connection with the first tranche closing of th...

TVI Pacific Inc. is pleased to provide an update of operating activities at the Balabag gold and silver mine . Balabag is owned 100% by TVI Resource Development Phils., Inc. , a Philippines corporation in which TVI holds a 30.66% interest, and is located in Zamboanga del Sur, Philippines. HIGHLIGHTS: Since start-up, and through to February 29, 2024, eighty-seven doré shipments have been completed containing 82,670 ounces of Au and 1,670,636 ounces of Ag for 101,840 gold equivalent ounces . In the current year, and through to February 29, 2024, seven doré shipments containing 7,090 ounces of Au and 87,269 ounces of Ag for 8,164 AuEq oz have been completed. A further five shipments have been completed since February 29, 2024, bringing the total number of completed doré shipment...

Argo Gold Inc.'s. February 2024 oil production was a total of 3,182 barrels for the month, averaging 110 barrels per day. Oil prices averaged CDN$68 per barrel and Argo's February oil revenue was $215,909 and net operating cash flow was $133,947. February 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 85 bbl/day 32 bbl/day $62,012 $34,184 Lloyd 199 bbl/day 37 bbl/day $74,871 $50,878 Lindbergh 2 108 bbl/day 40 bbl/day $79,026 $48,885 About Argo Gold Argo Gold is a Canadian mineral exploration and development company. Information on Argo Gold can be obtained from SEDAR at www.sedarplus.ca and on Argo Gold's website at www.argogold.com. Argo Gold is listed on the Canadian Securities Exchange . Judy Baker, CEO 786-7860 jbaker@arg...

Muzhu Mining is pleased to announce that the Company has authorized a non-brokered private placement of up to 3,000,000 units for $0.05 per unit, with each unit consisting of one common share and one common share purchase warrant, with each full warrant entitling its holder to purchase one common share at $0.07 for a period of one year after issuance. The proceeds of $150,000.00 of the financing will be used working capital and no finder's fees are payable. The Company wishes to announce that it has granted incentive stock options for participants of the grant to acquire an aggregate of 1,450,000 common shares in the capital of the Company at an exercise price of $0.05 cents in accordance with the Company's 10% rolling incentive stock option p...

Puma Exploration Inc. is pleased to provide an update on the ongoing 2,000 metres drilling program at the Tiger Gold Zone at its 100% owned Williams Brook Gold Project in Northern New Brunswick. The Tiger Gold Zone is a new gold area discovered last year by applying the Company's successful discovery model. Positive initial drill core observations prompted the expansion of the program. Drilling Highlights Fifteen holes with depths from 25 to 150 m have been completed for a total of 875 metres. The holes were drilled 425 metres from the Lynx Gold Zone . All holes intersected the targeted favourable gold-bearing horizon of quartz veins / stockwork in altered sediment and gabbro units. Visible gold was observed in hole WB24-151 in a quartz vein in altered gabbro . The same perva...