Great Western Exploration Ltd. is pleased to announce design details and anticipated commencement date of the drilling programme to test three DeGrussa Style Copper-Gold Targets at the Fairbairn Copper Project. - Great Western will drill test three fixed-loop electromagnetic conductor targets defined at the Fairbairn Copper Project. - Geophysics, geological mapping, sampling, and modelling suggest the three compelling electromagnetic conductors represent potential DeGrussa Style copper-gold volcanic hosted massive sulphide deposits, with this style of mineralisation often occurring in clusters of deposits. - Design of phase one of the drill programme is complete which will comprise diamond holes drilled to depths ranging from 250 to 350m. Follow up drill-holes have also now b...

Elysee Development Corp. wishes to announce its audited financial results for the year ended December 31, 2023 . All dollar amounts are in Canadian funds unless otherwise noted. Highlights of Fiscal 2023 results include: Net loss of $ 4,034,438 in FY 2023 as compared to a net loss of $2,328,192 in FY 2022, Net Asset Value as of December 31, 2023 of $0.39 per share; and Cash on hand as of December 31, 2023 of $849,798, with no debt. Fiscal 2023 was a difficult year for mining stocks in general, and exploration and early-stage development companies in particular, the primary focus of Elysee's portfolio. This overall market weakness resulted in an unrealized loss on marketable securities of $1,701,237. Management elected to take a prudent approach to the carrying value of Elysee...

Ian Pearce to retire August 1st, 2024 and Mr. O'Brien to transition to Chair of the Board New Gold Inc. is pleased to announce that Richard O'Brien has been appointed to its Board of Directors effective immediately and will stand for election by shareholders at New Gold's Annual General Meeting on May 14, 2024 . Ian Pearce has informed the Board that he will retire from the Board on August 1, 2024. Following the AGM, it is expected that the Board will appoint Mr. O'Brien as Chair upon Mr. Pearce's retirement from the Board. Mr. Pearce will assist Mr. O'Brien in transitioning into the role over the coming months. Richard O'Brien has over 40 years of experience in the mining and energy sectors, including more than 20 years in chief executive officer and chief financial officer r...

VANCOUVER, BC, March 25, 2024 /CNW/ - Trading resumes in: Company: Pegasus Resources Inc. TSX-Venture Symbol: PEGA All Issues: Yes Resumption : 8:00 AM 3/26/2024 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 provide any information about a spec...

VANCOUVER, BC, March 25, 2024 /CNW/ - Trading resumes in: Company: Tombill Mines Ltd. TSX-Venture Symbol: TBLL All Issues: Yes Resumption : 9:30 AM 3/26/2024 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 provide any information about a specific...

EMX Royalty Corp. is pleased to report results for the fourth quarter and year ended December 31, 2023 . The 2023 year was a pivotal one for EMX as we amicably resolved the issues with the Timok royalty; increased our net smelter return royalty in the Caserones property to 0.7775% and subsequent to year end to 0.8306%; saw strong performance from our gold royalty portfolio anchored by Leeville and Gediktepe; continued to invest capital generating and acquiring royalties around the world while our partners continued to invest significant capital to expand operations at existing mines, advance new mines, and explore for new opportunities. As previously announced, the Company is providing guidance for 2024 . In conjunction with providing guidance, the Company has adopted the use...

via IBN - Nilam Resources Inc. today announced that it has entered into a Letter of Intent with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity, to be established under the name MindWave that will hold 24,800 Bitcoin. Nilam Resources Inc., will issue a newly authorized Preferred Class of Series C Stock in in exchange for 24,800 Bitcoins at a discounted rate relative to current market prices. Nilam Resources Inc. will acquire 100% of the capital stock of MindWave, a special purpose entity in Mauritius, which will hold digital assets including 24,800 Bitcoins and other assets. These assets will serve as collateral to raise capital for investment in high yield generating projects. The acquisition marks a significant strat...

VANCOUVER, BC, March 25, 2024 /CNW/ - The following issues have been halted by CIRO Company: Pegasus Resources Inc. TSX-Venture Symbol: PEGA All Issues: Yes Reason: Pending News Halt Time : 3:12 pm 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 ...

Madison Metals Inc. is pleased to announce that, further to its press release dated March 12, 2024, it has issued 3,069,600 units at a price of CDN$0.35 per unit for aggregate gross proceeds of CDN$1,074,360 in connection with the first tranche of a private placement . Each Unit consists of one common share and one-half common share purchase warrant . Each full Warrant entitles the holder thereof to purchase one Common Share in the capital of the Company for a price of CDN$0.50 for a period of eighteen months from the date of issuance. In connection with the Private Placement, the Company paid compensation to certain eligible finders consisting of cash finder's fees in an aggregate amount of CDN$34,484.97 and issued 98,527 finder's warrants, with each finder's warrant entitli...

Jaguar Mining Inc. today filed its year-end results, the highlights of which are included in this news release. The full set of audited consolidated financial statements for the fiscal years ended December 31, 2023 and 2022, accompanying management's discussion and analysis and annual information form can be accessed by visiting the Company's website at https://jaguarmining.com or its profile page on SEDAR+ at www.sedarplus.ca . All figures are in US Dollars, unless otherwise expressed. Fourth Quarter and Full Year 2023 Highlights Gold production for the quarter was 18,482 ounces, gold sold was 18,098 ounces at cash operating costs¹ of $1,089 per ounce of gold sold and all-in sustaining costs¹ of $1,510 per ounce of gold sold. Realized gold prices were $1,982 per ounce. Gold p...

Gold Mountain Mining Corp. announces that it has reached agreements with two secured creditors for the settlement and postponement of certain secured debts . The secured creditors are Nhwelmen Construction LP Ltd. who is currently owed $7,784,850.71 and Hedge Minerals Corp. who is currently owed $1,241,669.18 . Nhwelmen is the contract miner at the Company's Elk Gold Mine, and Hedge is an arms-length lender to the Company pursuant to a loan arrangement entered into effective September 13, 2023. Nhwelmen has agreed to accept common shares of the Company in payment of $1,250,000 of the Nhwelmen Secured Debt at an issuance price of $0.0075 per share , which pricing is at a discount to market price , and the remaining amount of the Nhwelmen Secured Debt will be repaid in equal ca...

Forza Lithium is pleased to announce that it has closed the acquisition of all the issued and outstanding shares of Planet Green Metals Inc. in consideration for, among other things, the issuance of 11,300,000 common shares of Forza to the shareholders of Planet Green. Further information with respect to the Planet Green acquisition may be found in the Company’s news release dated January 31, 2024. The shares are subject to a statutory hold period of four months plus one day and are further subject to the voluntary escrow provisions set out in the January 31, 2024 news release.

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them The Company announces that on 21 March 2024, Ben Baxter, Chief Operations Officer and a Person Discharging Managerial Responsibilities, exercised nil-cost options over 21,516 ordinary shares of €0.001 each in the capital of the Company in accordance with the Restricted Share Awards that were granted to him on 15 March 2019. Full details of the Awards were included in a regulatory announcement released on 19 March 2019 and in the Company's 2019 Annual Report and Accounts. A total of 10,328 Shares will be issued to or purchased by the Company's Employee Benefit Trust for the benefit of Mr. Baxter. This represents the net number of Shares due to Mr. Baxter after the ap...