African Rainbow Minerals Ltd. announces that it has agreed to subscribe for, through its wholly-owned subsidiary ARM Copper Company Proprietary Limited , 39,608,708 common shares in the capital of Surge Copper Corp. pursuant to a non-brokered private placement at a price of C$0.095 per share for total consideration of approximately C$3,762,827 . Closing of the Private Placement is expected to occur in approximately four to six weeks and is subject to certain conditions. Immediately prior to the Private Placement, ARM held no Surge Shares or other securities of Surge. Upon closing of the Private Placement, ARM, through ARM Copper, will own 39,608,708 Surge Shares , representing approximately 15.0% of the issued and outstanding Surge Shares on a non-diluted basis....

Dixie Gold reports that it has entered into and executed a settlement agreement dated April 2, 2024 with Omnia Metals Group Ltd as relates to its prior commencement of legal proceedings as plaintiff against Omnia. Pursuant to the Settlement Agreement, the parties have resolved their differences without admission of liability and provided customary and encompassing mutual releases. Under the Settlement Agreement, the Corporation received a cash payment, which is expected to exceed its legal expenses related to the Litigation and thereafter modestly attribute to the Corporation's working capital. Importantly and more materially, the Corporation also received confirmation of clear entitlement to funds previously paid by O...

Cleveland-Cliffs Inc. will announce its first-quarter 2024 earnings results after the U.S. market close on Monday, April 22, 2024. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on Tuesday, April 23, 2024, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that address. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to pri...

O3 Mining announces that, effective March 31, 2024, it granted to certain directors of the Corporation deferred share units of the Corporation in satisfaction of certain director fees that have been settled in DSUs in lieu of cash for the first quarter of 2024. To that end, directors of the Corporation may elect, from time to time, to receive all or a portion of their director fees in the form of cash or DSUs. Any fees that are settled in DSUs are settled on a quarterly basis. For the first quarter of 2024, an aggregate of 5,993 DSUs were issued to certain directors effective March 31, 2024 in satisfaction of certain director fees that were settled in DSUs in lieu of cash, based on the prevailing market price of $1.46 per common share of the Cor...

Lancaster Resources and Nelson Lake Copper announce that the plan of arrangement previously announced on Jan 30, 2024, including the spin-off of Lancaster's wholly-owned subsidiary, Nelson, closed today. The Arrangement was approved by the shareholders of the Company's common shares at an annual and special meeting held on March 15, 2024, and by the British Columbia Supreme Court in its final order dated March 25, 2024. Today the Arrangement closed pursuant to which Lancaster was issued 1,650,000 Nelson common shares at a price of $0.02 per share, and Lancaster completed the spin-off of a majority of its ownership in Nelson through the issuance of stock dividend of 1,046,269 Nelson shares to the Shareholders at a ratio of 0.02 Nelson common shares for each com...

Royal Gold Inc. announced today that management will present at the Gold Forum Europe 2024 conference in Zurich, Switzerland. Dan Breeze, Senior Vice President, Corporate Development, RGLD Gold AG, will address conference participants on Tuesday, April 9, at 10:30 a.m. CET in a presentation lasting 20 minutes. The presentation will be live streamed and will be available for on-demand streaming starting on April 12 at 6:00 p.m. CET and may be accessed on the Company's website at www.royalgold.com, under Investors/Events & Presentations. Corporate Profile Royal Gold is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. As of March 31, 2024, the Company owned interests ...

Infinitum Copper Corp. is pleased to announce the details of a proposed consolidation of its common shares. On March 21, 2024, in accordance with the constating documents of the Company, the board of directors of the Company passed a resolution authorizing the consolidation of the issued and outstanding common shares of the Company on a 2:1 ratio Management believes that the Consolidation is in the best interest of the Company and will allow the Company greater possibilities with respect to future financings. Presently, the Company has 74,563,040 common shares issued and outstanding and if the Consolidation is approved and affected on a two for one basis, there will be 37,281,520 common shares issued and outstanding. No fractional shares will be issued as a result of the Cons...

Highlights: Exploration at Golden Horse has identified new lithium targets with multiple elevated lithium soil anomalies at its Ennuin North prospect. The soils form part of a largely untested lithium corridor extending over 37km from its Radio North project to Ennuin North. The soil geochemistry also produced significant gold anomalism at the Scorpio prospect at Ennuin North. A review of historic core from Trough Well , confirms fractionated pegmatites. A review of existing geophysical data identified multiple new lithium target areas requiring field validation. Infill soil sampling to commence shortly, to better define future drill targets. Golden Minerals Limited is pleased to report highly encouraging results from recent lithium exploration activity, including lithium soil geochemistry...

Western Alaska Minerals is pleased to announce the publication and filing of its updated NI 43-101 report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on the Illinois Creek Project, Alaska, USA. The Technical Report, titled "Illinois Creek Project Update, Illinois Creek Mining District, Western Alaska, USA" dated April 2, 2024 has been prepared by Bruce Davis, PhD, FAusIMM, Jack DiMarchi, CPG, Principal Geologist, and Deepak Malhotra, PhD, SME-RM, and is available on SEDAR+ under the Company's issuer profile. "The updated NI 43-101 report confirms the outstanding high-grade silver-lead-zinc initial resource at Waterpump Creek, a distal zone of the Illinois Creek carbonate replacement deposit . Our attention now turns to validating the substan...

Luca Mining Corp. is pleased to announce the addition of Mr. Israel Munoz as Vice President Finance. As Luca continues its growth from a developer to a multi-mine producer, we are committed to best practices in corporate governance and financial reporting. As part of this continual improvement process, Luca has hired Israel Munoz as its new VP Finance starting April 1, 2024. Mr. Munoz is a CPA, CA, with twenty-four years of experience, bringing a broad range of technical expertise in IFRS, financial reporting, design, and implementation of internal controls risk management, budgeting, and forecasting. Prior to joining Luca, Mr. Munoz has worked for several silver, gold, zinc and/or lead producing mining companies with operations in the USA, Mexico and Latin America, including ...

Terreno Resources Corp. wishes to announce that its management is conducting a re-assessment of its exploration direction and, accordingly, has not issued the 20 Million shares from treasury in order to acquire the 40% balance of the Las Cucharas silver property, as was authorized at the 2023 Annual shareholders' meeting. The option to acquire the 40% interest remains in place, subject to regulatory approval. This property transaction will be re-assessed following the presidential election in Mexico and the mining policies adopted thereafter. Company President, Richard Williams, stated that: "We are seeing some very interesting exploration and development opportunities, however, financing in the junior sector remains a challenge. Our goal i...

Greenland Resources Inc. is pleased to announce that the Company has applied for an exploitation license under the new January 1, 2024 Mining Act in Greenland which replaces the prior Mineral Resources Act and provides a faster path towards the permitting of an exploitation license. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240402936979/en/ The Company believes that the Mining Act is very positive and will accelerate capex financing, permitting and project development. Among other things, the requirements with regard to an EIA and SIA have been amended to provide that they may be fulfilled subsequent to grant of an exploitation license. The Mining Act requirements for the application of an exploitation license...

TVI Pacific Inc. is pleased to provide an update of restart activities at the Siana Gold Mine . Siana is owned and operated by Greenstone Resources Corporation , a 100% owned subsidiary of the Philippine corporation in which TVI holds a 30.66% interest, TVI Resource Development Phils, Inc. . Siana is located in Tubod, Surigao del Norte, approximately 35 kilometers from Surigao City and near to Lake Mainit in the southern Philippines island of Mindanao. HIGHLIGHTS: Milling operations have restarted on March 18th, 2024, with an average throughput of 2,300 tonnes per day . Recovery rates have averaged 83% for gold and 50% for silver while head grades have averaged 2.00 grams per tonne for Au and 12.29 g/t for Ag. Planning for the anticipated underground operation has commenced. ...