Electra Battery Materials Corp. and Eurasian Resources Group S.A.R.L. , a leading diversified natural resources group headquartered in Luxembourg, announced today that they have signed a binding letter of intent for long-term supply of ERG's cobalt hydroxide to North America's first battery grade cobalt sulfate refinery. The agreement, effective April 1, 2024, supports efforts to onshore the battery supply chain and reduce reliance on foreign refiners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240402063227/en/ Trent Mell & Benedikt Sobotka in February 2024 Starting from 2026, under the three-year supply agreement, ERG will deliver 3,000 tonnes per annum of IRA-compliant cobalt to Electra's refinery north of To...

Graphite One Inc. is pleased to announce that further to its press releases dated February 13, 2024 and February 20, 2024, the Company has closed its early warrant exercise incentive program receiving aggregate gross proceeds of Cdn$5,130,873 from the exercise of 5,130,873 outstanding common share purchase warrants , which included Taiga's exercise of 2,258,957 Warrants. These Warrants were exercised between February 20, 2024 and March 21, 2024, which was subsequently extended for one additional week to March 28, 2024 at a reduced exercise price of Cdn$1.00 per common share and due to expire on August 28, 2024 and November 21, 2024. The exercise price on the remaining 6,824,804 Warrants that were not exercised during the Warrant Exercise Period revert back to the original ter...

SPC Nickel Corp. , is pleased to announce the initiation of a metallurgical test work study , to be performed by Vale Base Metals subsidiary, Vale Canada Limited , on mineralization from the Company's West Graham Ni-Cu Project. Grant Mourre, President and CEO of SPC Nickel commented, "Metallurgical work is a vital step in progressing any project and our work on this will provide important information toward evaluating West Graham as a low-strip ratio, higher-grade starter pit. Having released our Maiden Resource Estimate earlier this year, we are excited to keep the project moving forward. We look forward to sharing our results with investors at the earliest opportunity." The Study will perform a standardized flotation test to assess potential recoveries, mineralogy and grind...

Renforth Resources wishes to inform shareholders that we have successfully completed initial gold, platinum and palladium assay testing on drill core from our Victoria Multi Metals Zone, the positive results obtained in each sample result in a notable increase to the Ni Eq and/or Zn Eq values in each case. Based upon this success Au/Pt/Pd testing will be continued at Victoria in various locations and lithologies on an ongoing basis to form a better understanding of the PGE mineralization. Table 1 - Gold, Platinum and Palladium Assay Results Click Image To View Full Size Note to Table 1 - Sample lengths stated are as measured in the core box, not true widths. The gold, platinum and palladium values from the assays, presented above, were added to the previously d...

Imagine Lithium Inc. is pleased to report that it has intersected a new near surface spodumene-bearing pegmatite with diamond drilling at the Casino Royale zone, located approximately 500m north of the Jackpot Main zone. The Jackpot lithium project is in the Georgia Lake Pegmatite Field, approximately 140km northeast of Thunder Bay, Ontario . The Jackpot property is characterized by swarms of mineralized lithium-bearing granitic pegmatite dykes distributed across five zones on an 18,800ha land package . Highlights of the 2024 drill program include: Casino Royale zone: 1.09% Li2O over 7.70m from 84.85m in hole JP-24-23 1.04% Li2O over 12.80m from 90.50m in hole JP-24-24 Including 1.35% Li2O over 6.80m from 96.50m Jackpot Main zone: 1.34% Li2O over 6.30m from 50.50m in hole JP-...

Kirkland Lake Discoveries Corp. is pleased to announce that it has completed its Phase 2 drill program safely and efficiently at the Hurricane Intrusive Zone on the Lucky Strike Property. A total of thirteen drill holes aggregating 3,376 metres were drilled at six targets, completing the second of three phases previously announced . The Hurricane Intrusive Zone , which was the subject of prospecting, mapping, and airborne magnetics in 2023, is a geophysical anomaly with copper and gold mineralization associated with intense alteration from syenite intrusive bodies. The drill program was designed to test the geology and assess the continuity of mineralization observed in outcrop during the summer mapping and prospecting programs. Figure 1 Property map showing location of the Hu...

Sun Summit Minerals Corp. announces that it is repricing and restructuring the terms of the non-brokered private placement of the Company previously announced in the Company's press release on March 11, 2024. New terms will consist of the issuance of: up to 11,363,636 flow-through units of the Company at a price of $0.11 per FT Unit, and up to 12,500,000 non-flow-through units of the Company at a price of $0.10 per NFT Unit, for aggregate gross proceeds to the Company of up to $2,500,000. Each FT Unit will consist of one common share of the Company issued on a flow-through basis under the Income Tax Act and one-half of one common share purchase warrant of the Company . Each FT Warrant will entitle the holder to acquire one non-flow-through common share of the Company at an ex...

News Release Highlights: Green River Gold Corp. will mine gold on one of its fully permitted claims on the Swift River beginning in May. The Company has access to a fully equipped shop, all necessary equipment and supplies, and experienced personnel through its private affiliate Gold Rush Supplies Inc. Gold Rush Supplies Inc. specializes in the placer mining industry. The commencement of revenue generating activity from this claim is a major step toward the Company's goal of achieving self-sustaining cash flow from operations. A separate group of personnel will run the placer mining operations so it will augment and not interfere with the ongoing exploration at the Quesnel Nickel Project. The commencement of placer gold mining is another step in the direction of the simultane...

Azimut Exploration Inc. is pleased to report on the 2023 exploration program on the Kukamas Property in the Eeyou Istchee James Bay region of Quebec. Azimut has carried out significant exploration work on the Property since the signing of a joint venture option agreement with KGHM International Ltd . Azimut will carry out a comprehensive partner-funded follow-up program in 2024 that will include focused prospecting, an in-fill lake sediment geochemical survey and likely drilling. HIGHLIGHTS Exploration work in 2023 comprised 3,199 line-kilometres of heliborne geophysical survey and an initial prospecting phase. Geophysical survey: A high-resolution heliborne magnetic-electromagnetic VTEMTMPlus survey covered the entire Property at 100-metre line spacing for a total of 3,199 li...

Stallion Uranium Corp. is pleased to announce that it has encountered anomalous radioactivity in the first completed hole of the Company's maiden drill program on its 100% owned Coffer Project in the prolific Southwestern Athabasca Basin in Saskatchewan, Canada. Highlights Hole CF24-001 encountered anomalous radioactivity near the unconformity with a peak of 1,540cps in a 4.2m radioactive interval including 0.3m at 1,322 cps. Hole CF24-001 encountered anomalous radioactivity in the basement of 262 cps over 4m. Hole CF24-001 hit the unconformity at 762.6m and completed at a depth of 829.2m. Highly prospective geology encountered. Stallion holds a 100% ownership of the project. "We are thrilled to encounter radioactivity on our very first hole, CF24-001, on the Appaloosa Target...

Provenance Gold Corp. is pleased to report that Andy Bentz has agreed to become a special advisor to Provenance to assist in advancing the Company's Eldorado gold project in Malheur County in eastern Oregon. Mr. Bentz has assisted Paramount Gold in receiving its Notice to Proceed from Oregon's Department of Geology and Mineral Industries for Paramount's nearby Grassy Mountain project, which is also in Malheur County. Provenance expects his knowledge and background will assist the Company in similarly advancing its Eldorado gold project. Andy has extensive experience with the local, State and Federal government and is a well-respected local businessman recognized for his strong support of the mining and exploration community. He is currently the Vice-President of the Oregon Mi...

Nexus Uranium Corp. announces that it is evaluating strategic alternatives for its development-stage Independence Gold Project in Nevada. "Given the record gold prices of over US$2,200 per ounce coupled with the market's lack of recognition of any value for our Independence project, we have determined that it is time to evaluate strategic alternatives to unlock value for shareholders" commented Jeremy Poirier, CEO of Nexus Uranium. "The Independence project demonstrates significant leverage to the gold price, highlighting a NPV5% of US$60M and IRR of 36% when assuming a gold price of US$2,125 per ounce, which remains below the current spot price of over US$2,240 per ounce. Given we believe the project has significant value, we are considering all options, including a spin-out...

Rover Critical Minerals is pleased to announce that further to its release of December 11, 2023, management of the Company are still working to finalize the technical report for the Cabin Gold project. An updated timeline for completion is anticipated to be mid-Q2-2024. Judson Culter, CEO at Rover, states: "We are completing two technical reports for the Cabin Gold project. One report for the North American market, which will fall under NI 43-101 standards, and a second report is for the Australian market that will comply with JORC standards. We are seeking to sell an option to own for the Cabin Gold project. Under Rover's management, the project has only seen approximately 4,500 meters of drilling. The project still has tremendous high-grade gold blue sky exploration potential. We'r...