ESGold Corp. , is pleased to announce a restructuring of the management and the Board of Directors. Brad Kitchen has been appointed President and Director of ESGold effective immediately. Brad has a 35-year record consisting of investment banking and senior corporate management including the responsibility for operations and financing for primarily resource based small, medium and large private and public companies. "We are very pleased to announce Mr. Kitchen's appointment," stated Paul Mastantuono. "Brad was the driving force in the financing and advancement of the Montauban Plant engineering, construction and equipment acquisition. After an 18-month absence his main priority for the Company today will be to focus on building the value of the Company by taking the mill into...

JZR Gold Inc. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement offering of unsecured convertible debentures . Pursuant to the Offering, which was announced on June 21, 2024, the Company has issued Debentures in the aggregate principal amount of $1,500,000. The Company also wishes to announce that, due to investor interest, the Offering has been increased to $1,700,000. The Debentures will mature on the date that is one year from the date of issuance and shall bear simple interest at a rate of 10% per annum, payable on the Maturity Date. The principal sum of the Debentures, or any portion thereof, and any interest may be converted into units of the Company at a conversion price of $0.20 per Unit. Each Unit s...

Dynacor Group Inc. , an international gold ore industrial corporation servicing artisanal and small-scale miners, is pleased to announce the nomination of Jorge Luis Cárdenas as Dynacor's Vice-President of Business Development in Latin America. This strategic nomination constitutes part of the Corporation's organizational development. "The nomination of Jorge Luis Cárdenas reflects our growth and seeks to strengthen Dynacor's expansion in Latin America. We recognize his work, professionalism and commitment to the development and growth of our Veta Dorada subsidiary and Dynacor for more than 27 years," affirmed Jean Martineau, President and CEO of Dynacor. Jean Martineau said that Jorge Luis Cárdenas's vast experience in operations management at the Peruvian processing plant h...

Golden Horse Minerals is pleased to announce that the Company has entered into agreements to extend the term of two existing key agreements for the Ennuin and Copperhead Projects. The Company originally executed the agreements on August 1, 2023, being the Ennuin Sale Agreement and the Copperhead Sale Agreement, to acquire a series of projects which are located approximately 30km north of the town of Bullfinch, Western Australia. Ennuin Sale Agreement The Ennuin Sale Agreement includes the acquisition by the Company of tenements E77/2942, G77/123, L77/262, M77/450, P77/4629, P77/4630, and P77/4631. Under the terms of the Ennuin Sale Agreement, the Company: made a cash payment of A$100,000 in August 2023; elected to extend the term of the agreement by 6 months to August 1,...

Independence Gold Corp. has evacuated the 3Ts Project due to the close proximity to the Laidman Lake wildfire. The Company received notice from the B.C. Wildfire Service on Sunday, July 21st, 2024, that the 3Ts Project was within the evacuation order for the Laidman Lake wildfire, which is currently estimated to be 51 hectares in size and considered out of control. All field personnel and contractors were successfully evacuated from the project site. Randy Turner, President & CEO of the Company commented, "Our priority was ensuring that everyone was able to make it safely off-site at 3Ts, which I am happy to report was successful, due to the diligence of our project manager. Our thoughts are with the communities who remain affected by the wildfires and the hard-working firefi...

F3 Uranium Corp. is pleased to announce that summer drilling has commenced to test conductors on the Clearwater West property which is located 13km to the south of Fission Uranium's Triple R uranium deposit . SKRR Exploration Inc. has an option to acquire up to a 70% interest in the Clearwater West Property by making cash payments and issuing shares to F3 and funding exploration work, with F3 serving as the operator during the earn-in period. Clearwater West is an early-stage exploration project prospective for uranium mineralization. The uranium mineralization model for the Clearwater West property is basement hosted and structurally controlled Athabasca Basin unconformity related deposits. Summary of the Clearwater West Property: The Clearwater West Project is...

Sixty North Gold Mining Ltd. Sixty North Gold is pleased to announce that two gold zones have been encountered during development of its wholly-owned Mon Gold Mine. The target of this development, the A-Zone quartz vein has been intersected in the 970E crosscut at elevation 212m AMSL, 16 m below the historic West Stope . Visible gold was noted in a 30 cm wide vein dipping steeply to the west with 3% sulphides, pyrrhotite > sphalerite > galena > chalcopyrite > pyrite and significant visible gold in a 14 m wide intensely potassic-altered gabbro. The A-Zone is exposed on surface where it extends over 100m in strike. Twenty samples from 10 trenches collected by an independent geologist in this vein averaged 116.34 gpt gold over 1.1 m width . An estimated 10,000 tonnes...

LONDON , July 22, 2024 /PRNewswire/ -- Vedanta Resources Holdings Limited , the diversified global mining, metals, natural resources, energy, and technology conglomerate today confirmed that it has paid USD 245.75 million in line with its commitment under the KCM scheme of arrangement. This paves the way for imminent reinstatement of the Board of Directors of KCM and the return of full management control to Vedanta, which is necessary before Vedanta ramps up production and unlocks KCM's full potential. With high-grade Copper deposits in excess of 2.4%, KCM is one of the largest deposits of high-grade copper globally. With total of 412kt of contained Cobalt Reserves and Resources, KCM also has the potential to sit amongst the top 5 cobalt producers globally. Vedanta has plans in place not o...

Pershing Resources Company Inc. is pleased to announce that it has entered into an agreement to acquire a 100% interest in the Mohave Project located in Mohave County in northwestern Arizona. Project Highlights: Extensive well-developed low-sulphidation epithermal gold-silver vein complex and alteration system covering an area in excess of 2 sq miles or 6 sq kms. Permitted in 2023 by previous optionee for up to 600 drill sites and up to 27 kilometers of drill access roads within the property. Post-1975 drilling includes 619 holes totaling 23,244 metres . All were shallow holes averaging 37.5 metres in depth with many bottoming in gold mineralization and open in several directions. Over 40 abandoned mine workings have been located / mapped on the property by previous operators...

Flying Nickel Mining Corp. and Norway House Cree Nation are pleased to announce that they have entered into a binding letter of intent dated July 21, 2024 pursuant to which Flying Nickel proposes to sell its Minago Nickel project and its related assets and undertaking located in the Thompson Nickel Belt of Manitoba, Canada to NHCN . In consideration for the Minago Assets, at the closing of the Proposed Transaction, NHCN shall surrender all of the common shares in the capital of Flying Nickel held by NHCN immediately prior to closing of the Proposed Transaction. Total consideration will either be payment of $7.3 million in cash and surrender of 31,015,206 of Flying Nickel Shares, or $8 million in cash and surrender of 17,561,862 of Flying Nickel Shares. Blackstone, Sparta and ...

Select Sands Corp. is issuing an update regarding the Company's operations and future direction. On July 16, 2024, our primary lender issued a demand letter serving as final notice of default to bring our account current by August 1, 2024 to avoid foreclosure and the invocation of power of sale on collateralized assets and associated costs. As of July 16, 2024, the past due amount is US$249,863, the total outstanding indebtedness owing to the lender is US$11,648,055 and interest is accruing at US$2,092 per day. In response to the evolving market dynamics and recent challenges, Select Sands, in late April of this year, made a strategic decision to temporarily pause operations. This decision was influenced by lower-than-anticipated oil and gas activity in key basins, a cautious...

Lomiko Metals Inc. is pleased to announce that the Lomiko team represented by Belinda Labatte, Bradley Barr and Cindy Valence were present in the municipality of Duhamel as part of the ongoing information sessions. Lomiko has previously announced a regular presence in the municipalities, starting this summer, to be in proximity to local communities with information sessions, the first being July 21 in Duhamel. In addition to the BAPE process, this engagement is a fundamental aspect to developing critical minerals projects in Quebec and Canada and this session was organized by the Alliance - the amalgamation of the municipalities of Lac-des-Plages, Duhamel, Lac-Simon, Saint-Émile-de-Suffolk and Chénéville. In addition to other panelists present, the Lomiko team presented on ho...

Silver Viper Minerals Corp. announces that further to its press release April 6, 2023 and October 20, 2023, it has completed the terms of the amended Rubi-Esperanza Option Agreement with respect to its right to purchase 100% ownership of three mineral concessions covering 2,102 hectares at the La Virginia Gold-Silver Project , located in the Sierra Madre of eastern Sonora State, Mexico. "Silver Viper is thrilled to announce that we now fully own the entire La Virginia Project," said Steve Cope, CEO of Silver Viper Minerals Corp. "Completing the terms of the Rubi-Esperanza Option Agreement and acquiring 100% ownership of these key mineral concessions marks a significant milestone for our company. This achievement not only enhances our position in Mexico, but also strengthens o...