VANCOUVER, BC / PERTH. AUSTRALIA / ACCESSWIRE / July 22, 2024 / Sarama Resources Ltd. refers to its capital raising announced on 19 June 2024, which comprises the issue of up to 50,000,000 CHESS Depository Interests at an issue price of A$0.02 per CDI to raise gross proceeds of up to A$1 million . The Placement is comprised of the following two tranches: Tranche 1: 45,000,000 CDIs at A$0.02 per CDI raising gross proceeds of A$900,000 purportedly pursuant to Australian Securities Exchange Listing Rules 7.1 and 7.1A . The Tranche 1 CDIs were issued on 25 June 2024. Tranche 2: up to 5,000,000 CDIs at A$0.02 per CDI to raise gross proceeds of up to A$100,000. The issue of the Tranche 2 CDIs is subject to the receipt of prior shareholder approval. In connection with the preparatio...

E-Tech Resources Inc. is pleased to announce that it plans to raise up to $600,000 through a private placement of up to 12,000,000 units of E-Tech at $0.05 per Unit. Each Unit will consist of one common share of E-Tech and one-half common share purchase warrant . Each Warrant will be exercisable to purchase one Common Share of E-Tech at a price of $0.10 per share for a period of 24 months from the closing date of the Financing . The proceeds from the private placement will be utilized to support the Company's ongoing exploration and operational activities. To facilitate the Financing, E-Tech has entered into an agreement with Numus Capital Corp., a registered exempt market dealer, to act as agent for the Financing. E-Tech has agreed to pay to the agent a cash fee equal to 7% ...

Pegasus Resources Inc. is pleased to announce its intention to complete a non-brokered private placement for gross proceeds of up to C$1,500,000 . The Offering will consist of up to 9,375,000 units of the Company at a price of C$0.16 per Unit . Each Unit consists of one Common Share and one-half of one Common Share purchase warrant . Each Warrant entitles the holder thereof to acquire one Common Share at a price of C$0.20 per Common Share for a period of 2 years from the closing date of the Offering. The Company will apply to list the Common Shares ) on the TSXV upon closing of the Offering. The net proceeds of the Offering will be used for exploration of the Energy Sands Uranium Project and the Jupiter Uranium Project, both in Utah, USA, and for general and working capital p...

Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program at the Punitaqui mine complex in Chile. The Company announced on May 13th, 2024, that it had resumed mill operations and production of copper concentrates at Punitaqui and subsequently announced it had made the first shipments of copper concentrates. Coincident with these activities, exploration drilling has resumed with an underground drilling campaign in the San Andres and Cinabrio mines. Highlights Assay results from drilling performed in the Cinabrio mine has returned with encouraging results as follows: Drillhole CM-24-01: 3.0 meters at 2.0% total copper and 2.3g/t grams per tonne silver. CM-24-02: 5.7m grading 1....

Palamina Corp.'s 100% owned Usicayos Gold Project is located in the Puno Orogenic Gold Belt where nuggety coarse gold makes it challenging to establish continuity of gold grades. In 2024 Palamina has completed metallic screening, a PhotonAssay® check sampling program and a bulk sample mineralogical study to establish an optimized sampling protocol to minimize variances in gold grades due the nugget effect. For this first study a 40 kg bulk sample was collected from the SDO east zone from two adjacent locations, a surface exposure previously channel sampled and a nearby underground adit not previously sampled. The total area sampled measured approximately 15 x 5 metres. Sampling at both locations was continuous and should be considered representative. The composite was then sp...

Silver Elephant Mining Corp. is pleased to announce diamond drill results from the Paca deposit within its 100%-controlled Pulacayo-Paca silver project in the Potosi department in Bolivia. Further to the Company's news release dated June 12, 2024, a total of 28 holes were drilled in the Paca north area totaling 1,458 meters. The assays for 13 holes have been received and are reported below. The remainder of the assays are expected in early August. Notable results from the 7 exploration holes include PC24-18 which intercepted 39.9 meters of 159 g/t silver from surface, including 3.0 meters of 583.5 g/t silver and PC24-23 which intercepted 23.1 meters of 138 g/t silver from surface, including 2.7 meters of 360 g/t silver. Both PC24-18 and PC24-23 were drilled in the south west ...

VANCOUVER, BC, July 22, 2024 /CNW/ - The following issues have been halted by CIRO Company: Jervois Global Ltd. TSX-Venture Symbol: JRV All Issues: Yes Reason: Pending News Halt Time : 8:08 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provi...

TSXV: ARTG Artemis Gold Inc. announces it has responded to a wildfire evacuation order issued across a region that includes its Blackwater Mine. The Company has proactively removed all non-essential staff and contractors from the mine site as of July 21, 2024. The Company has taken the necessary precautions to safeguard the asset and essential staff remain on site. All staff and contractor personnel are safe, and the Company expects to resume full-scale construction activities within the short term. Artemis Gold CEO Steven Dean stated: "The safety and wellbeing of our employees and contractors is always our top priority. Meanwhile, we are supporting our project team in planning our prompt return to full-scale construction as soon as it is safe to do so. We will provide furthe...

Global Energy Metals Corp. TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 , a multi-jurisdictional, multi-commodity critical mineral exploration and development and project generating company focused on growth-oriented projects supporting the global transition to clean energy, is pleased to announce that, further to its news releases dated July 16, 2024 and July 17, 2024, it intends to close, subject to TSX Venture Exchange approval, its previously announced upsized non-brokered private placement of units of the Company at a price of $0.03 per Unit. Each Unit consists of one common share in the capital of the Company and one-half of one transferable Share purchase warrant . Each Warrant entitles the holder thereof to purchase one additional Share at a price of $0.05 per Warrant Share for...

Preliminary helicopter airborne AFMAG and magnetics survey highlights large features which appear to be coincident with both collapse structures and known zones hosting copper mineralization at surface. Field crews mobilized for detailed mapping program and to ground truth target areas in preparation for drilling. Transition Metals Corp. reports that Geotech Ltd. has completed the approximate 650-line kilometre helicopter borne, Z-Axis Tipper Electromagnetic system survey flown over Pike Warden . Transition has engaged Condor North Consulting ULC , recognized experts in the field of geophysical data processing and interpretation. Condor's services have been retained to perform a detailed interpretation of the results and their final report regarding the significance of the su...

Elemental Altus Royalties Corp. is pleased to announce that it has entered into a binding agreement to acquire two existing royalties from Cornish Metals Inc. including an uncapped 4% net smelter return royalty on the Mactung Project in Canada currently being advanced by Fireweed Metals Corp . Acquisition Highlights: An uncapped 4.0% NSR royalty over the Mactung Project Mactung is one of the largest, high-grade tungsten deposits in the world and one of the few high-grade tungsten deposits outside of China Environmental Assessment completed as part of previous permitting Mactung is owned by Fireweed Metals, a well-financed, Lundin Group company Experienced management team with a track record of securing funding for mine development Fireweed are expected to release a new PEA in...

Cascadia Minerals Ltd. is pleased to provide results from the 2024 Phase 1 diamond drill program at its Catch Property in central Yukon, Canada, located 10 km from an all-season highway and powerline. The Phase 1 program comprised a total of 1,613 m of drilling in three holes at the Spark Zone. A Phase 2 diamond drill program is underway to step out further at the Spark Zone, vectoring towards the core of the porphyry system. Spark Zone Drilling Highlights Hole CA-24-006 intersected 106.00 m of 0.37% copper with 0.22 g/t gold , within a broader interval of 177.00 m of 0.25% copper and 0.14 g/t gold ; All five holes drilled to date at the Spark Zone have encountered porphyry mineralization across 470 m of strike length and 520 m of vertical extent from surface, within an open-...

Trailbreaker Resources Ltd. is pleased to announce that drilling from the inaugural program at the Liberty property has intersected a copper and molybdenum porphyry system. All drill holes from the recently completed 2,442 m diamond drill program at the Liberty property in central British Columbia intersected Cu and Mo mineralization. Composited drill results are presented in Table 1, with highlight drill intervals including: LIB24-003 intersected: 34.2 m* of 0.47% Copper Equivalent** from 385.0 m; Including 14.7 m of 0.94% CuEq from 404.5 m; Including 5.9 m of 2.02% CuEq from 410.2 m. LIB24-001 intersected: 13.5 m of 0.33% CuEq from 257.5 m; And 6.6 m of 0.67% CuEq from 300.9 m. LIB24-004 intersected: 6.0 m of 0.45% CuEq from 431.0 m; and 2.3 m of 0.36% CuEq from 500.0 m. Th...