Horizon Minerals Ltd. is pleased to provide an update on the development of its Cannon Underground Project, and project development pipeline. CANNON UNDERGROUND DEVELOPMENT - The dewatering pipeline construction has been completed between the fully permitted Cannon mine and the Company's Golden Ridge Mine. - The pumping system has been installed in the Cannon pit and the pipeline commissioned, with dewatering underway to expose the portal position for underground mining at Cannon to commence. It is expected to take approximately three months to dewater the pit. - Tenders have been received from three underground contracting parties, with further pricing to be received within the next month, after which the Company shall update project economics to reflect the latest contract ...

Karora Resources Inc. notes the announcement today by Ramelius Resources Ltd. that it is no longer in exclusive discussions with Karora regarding a potential transaction. Karora confirms that it has exited such discussions. Karora also confirms that it is currently engaged in exclusive negotiations with a new third party regarding a potential business combination. No definitive agreement has been reached and there can be no assurance that any transaction will result from these discussions. Even if a final transaction is agreed upon, there can be no assurances as to its terms, structure or timing. Karora does not intend to make any additional comments regarding these discussions or any potential transaction unless a definitive agreement has been reached. About Ka...

Established gold producer Austral Gold Ltd. is pleased to announce a new unsecured related party loan facility from Consultores Assets Management S.A. for up to US$2.2 million and the receipt of US$1 million on 5 March 2024. Consultores is related to Austral's largest shareholder and controlled by its Chair, Eduardo Elsztain. Material terms of the loan agreement: Loan Amount: up to US$2.2 million Loan Term: 6 months; loan may be repaid earlier at the Company's option; Interest Rate: 9% per annum; Use of Proceeds: working capital; Security: the loan is unsecured. The terms and conditions of the loan agreements are standard for facilities of this nature, are unsecured and are, in the view of the non-involved Austral directors, as favorable, if not more so, than if the parties w...

Strategic Minerals Europe announces the results for the three months and full year ended Dec 31, 2023. Strategic Minerals' 2023 annual audited financial statements and associated MD&A have been filed on SEDAR+. On Oct 19, 2023, the Superior Court of Xustiza of Galicia decided to provisionally suspend the section C permit for the Company's Penouta Project after a complaint filed against the regional mining authority Xunta de Galicia, requesting a revocation of the section C permit granted to the Company in May

Advanced Gold Exploration is pleased to announce it has agreed to settle an aggregate of $16,650 of indebtedness to an arm's length creditor of the Company through the issuance of 602,410 common shares in the capital of the Company at a price of $0.05 per Common Share. The Common Shares issued pursuant to the debt settlement shall be subject to a four-month hold period and completion of the transaction remains subject to final acceptance of the Canadian Securities Exchange.

Euromax Resources announces that the Administrative Court has issued a decision in the Company's appeal against the withdrawal of the previously granted approval of the Company's request to merge the Ilovica 6 and Ilovica 11 Concessions by the Government of the Republic of North Macedonia. This new ruling disregarded key legal arguments presented by the Company and simply agreed with the Government's decision. However, the Administrative Court did not challenge the fact that all legal conditions for the Merger Request have been met. Following this decision, which was delivered to the Company on March 26, 2024, Euromax reasserts its determination to pursue its legitimate rights through all available legal avenues, including the rest...

March 27, 2024 -- Eloro Resources Ltd. is pleased to announce that, further to its March 13, 2024 news release, it has closed its non-brokered prospectus exempt offering of units of the Company pursuant to the listed issuer financing exemption available under Part 5A of National Instrument 45-106 - Prospectus Exemptions). A total of 3,000,000 Units were issued under the Offering at a price of C$1.20 per Unit for total gross proceeds of C$3,600,000. The Company determined to limit the Offering size to 3,000,000 Units rather than utilize the maximum Offering amount of 3,300,000 Units due to excess demand for the Units and a more favorable pricing environment for the Company's securities. Each Unit consists of one common share of the Company and one common share purchase warrant...

Avalon Advanced Materials Inc. is pleased to announce that it has closed the $2,750,000 first drawdown of its up to $15,000,000 convertible security funding agreement with Lind Global Fund II, LP, an entity managed by The Lind Partners, a New York based institutional fund manager . The details of the Funding Agreement are contained in the Company's news release dated March 18, 2024. With the first drawdown completed, the Company has initiated steps to commence a Preliminary Economic Assessment for its lithium hydroxide conversion facility in Thunder Bay, Ontario . The Project will be owned and operated by Avalon's wholly owned subsidiary, Lake Superior Lithium Inc.. The PEA will consider feed sourcing of high-grade lithium concentrates from various sources, and will feature th...

Doré Copper Mining Corp. reports that it has completed its first review of the Norhart mineralized zone, one of the priority gold targets identified on the recently acquired 65% interest in claims surrounding the Company's 100% owned Joe Mann property. SOQUEM holds the remaining 35% interest in the joint venture . The Norhart gold occurrence is located approximately 1 kilometer north-northeast of the former Joe Mann mine and is easily accessible by road . It is comprised of five parallel east-west, sub-vertical quartz vein structures, each separated by approximately 50 to 150 meters, and traced over a strike length of more than 1 kilometer. Gold mineralization occurs in quartz shear and extensional veins with sulphides within an altered sequence of basaltic lava and felsic in...

Bulgold is pleased to announce the voting results from its Annual General Meeting of shareholders that was held at 10:00 AM on March 27, 2024. All the matters put forward before Shareholders for consideration and approval as set out in the Company's management information circular dated February 6, 2024 were approved by the requisite majority of votes cast at the Meeting. In particular, Shareholders approved the election of all director nominees listed in the Circular. The board of directors of the Company is now comprised as follows: James A. Crombie Sean Hasson Colin Jones Laurie Marsland Dr. Mihaela Barnes Vanessa Cook Shareholders also appointed Raymond Chabot Grant Thornton LLP as auditors of the Company until the close of the next annual meeting of Shareholders at...

Sirios Resources Inc. is pleased to announce that it has closed the first tranche of a non-brokered private placement, for aggregate gross proceeds of $269,250 . A total of 4,142,306 common shares of the share capital of the Corporation , at a price of $0.065 per Share, were issued. The Share are "flow-through shares" pursuant to section 66 of the Income Tax Act and section 359.1 of the Taxation Act . The gross proceeds of the Offering will be mainly used to finance the exploration work on its Cheechoo gold project. In connection with the Offering, finder' fees totaling $12,000 will be paid to a non-arm's length finder, Mine Equities Ltd., through the issuance of 184,615 Shares at a price of 0$.065 per Share. The Shares issued pursuant to this Offering are subject to a restri...

VR Resources is pleased to announce it has Closed the previously announced, $900,000 financing, and plans are now underway to mobilize the drill program at its New Boston porphyry copper-moly system in Nevada. The terms of the Financing are unchanged from those announced on March 22nd in NR-24-05. The Company has issued 5,982,665 units at a price of $0.15 per Unit for gross proceeds of $897,400. Each Unit consists of one common share of the Company, and one-half of one Common Share purchase warrant . Eac...

1844 Resources Inc. , is pleased to announce it has closed its previously announced non-brokered private placement of units . At closing, the Company issued 14,117,500 Units at a price of $0.02 per Unit for aggregate gross proceeds of $282,350 . Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each whole Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.05 for a period of 36 months following closing of the Unit Offering. The Company plans to use the net proceeds of the Unit Offering for exploration on existing properties and potential acquisitions, expenses incurred with respect to investor relations and market making activities, and for general working capital...