Abitibi Metals is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$5,000,000 through the issuance of up to 5,813,953 common shares of the Company that will be closed on or before April 9, 2024 and has been fully allocated. Jonathon Deluce, CEO of Abitibi Metals, stated, "We are pleased to announce the upsize of this strategic financing to be led by the Deluce family. With the success of our ongoing maiden drill program, this financing will position Abitibi to execute a series of strategic objectives and accelerate the Company’s plan to earn up to 80% of the B26 Deposit. Upon closing, we will have an exploration budget of $15.0M over 2024-2025, fulfilling our 7-year work commitments in 2 years. This financing

Copper metallurgy tests confirm saleable concentrate grades are achievable across the deposit through a simple conventional flotation process flowsheet Excellent recoveries up to 88% copper Concentrate grades up to 32.5% copper, with payable silver content and low deleterious elements Positive results advance La Romana to the preliminary design phase of the metallurgical process Pan Global Resources Inc. is pleased to announce successful results for a froth flotation variability test program for copper recoveries at the Company's flagship La Romana copper-tin-silver deposit in the Escacena Project, southern Spain. Metallurgy tests for tin recovery are also underway and will be reported when available. "The new copper metallurgy test results...

Dryden Gold is pleased to announce that it will host a Town Hall Meeting on March 27, 2024, at 11:00am EST. Trey Wasser, Chief Executive Officer, Maura Kolb, President, and Anna Hicken, VP Exploration of Dryden Gold Corp. will provide shareholders and interested investors an update on the exploration program. Management will be available to answer any questions that investors may have regarding their vision about the Company's exploration plans and its upcoming public offering during a live Q&A session. To register for the Town Hall Meeting, please click this link: Webinar: Dryden Gold Corp. - Drilling Update by VID Conferences (bigmarker.com)

Sama Resources Inc. is pleased to announce the results of the new Preliminary Economic Assessment for the Samapleu-Grata Nickel-Copper project located in Côte d'Ivoire, West Africa. The PEA is a preliminary technical study that examines the potential for a conventional open-pit mining operation producing both a conventional copper and nickel concentrate, together with cobalt, platinum, palladium and gold as by-products. As well the Sipilou Sud laterite deposit would produce direct shipping material. Dr. Marc-Antoine Audet, President and Chief Executive Officer of Sama Resources commented: "Today's prelimina...

Benton Resources Inc. is pleased to announce that it has successfully completed its Phase 2 drill program, encompassing 15 holes for a total of 3,260 m, at its Great Burnt Project in Newfoundland. Results for the initial drill holes are expected shortly and will be released once received and compiled. Highlights from Phase 2 to date include: Successfully expanded the Great Burnt deposit 50 m down plunge and along strike to the south. Successfully demonstrated that the deposit is wide open for expansion. Defined partial up dip and down dip limits of the main zone. Majority of drill holes intersected stringer, semi-massive and/or massive sulphide from 0.5 m to 17.75 m. In addition, the Company has engaged Eastern Geophysics to complete a Crone downhole pulse electro- magnetics ...

ATEX Resources Inc. is pleased to announce the completion of ATXD25, the fourth hole from its Phase IV drill campaign at the Valeriano Copper-Gold Project located in Atacama Region, Chile. Highlights include: ATXD25 intersected mineralized Early Porphyry from 1,550 metres downhole and remained in mineralized EP until the hole was terminated at 2,208.2 metres. ATXD25 confirmed the presence of EP 200 metres west of the EP intersected in ATXD11B , see Company news dated March 30, 2023 "ATEX Intersects 0.73% CuEq over 1,342.5m in Longest Intersection to Date at Valeriano"). And confirmed continuity of mineralized EP in the gap between the Western and Central Trend . Additionally, ATXD17B was completed early at a depth of 1,671 metres after deviating further south than anticipated ...

Western Exploration Inc. is pleased to announce the terms of a non-brokered private placement offering of units of the Company at a price of $0.70 per Unit for gross proceeds of approximately $6 million . Each Unit will consist of one variable voting share of the Company and one variable voting share purchase warrant of the Company . Each Warrant will entitle the holder to purchase one variable voting share of the Company at a price of $1.00 per Warrant Share at any time on or before the date which is 36 months after the closing date of the Offering , subject to adjustment in certain events. The Units available for purchase under the Offering have been fully allocated. The Offering is scheduled to close on or around March 28, 2024, and remains subject to the receipt of final ...

Purepoint Uranium Group Inc. today initiated an airborne Mobile Magnetotellurics survey, including total field magnetic and VLF, at their Russell South Uranium Project which lies on the south-eastern edge of the Athabasca Basin, Saskatchewan Canada. "Russell South is 20 kms east-northeast of Cameco's Key Lake mine and adjoins prominent uranium projects including Rio Tinto's Russell Lake property and Skyharbour Resources Inc's Moore Lake project" said Scott Frostad, VP Exploration at Purepoint. "Our previous airborne gravity survey results outlined four high-value target regions on the project and the planned MobileMT resistivity results will allow us to further develop those drill targets." Highlights The MobileMT survey detects resistivity contrasts of geology structures and ...

SÃO PAULO, March 21, 2024 /CNW/ -- Sigma Lithium Corp. , a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces it will file its consolidated financial statements for the year ended December 31, 2023, and the related MD&A on March 30, 2024. The earnings release and report will be available before market open on April 1, 2024, and will be followed by an investor conference call the same day at 10:00 a.m. ET. Dial in information for the call will be provided in the earnings press release. Sigma Lithium's fourth quarter 2023 press release, investor presentation and quarterly filings will be available through the company's investor relations w...

ST. JOHN'S, NEWFOUNDLAND and LABRADOR / ACCESSWIRE / March 21, 2024 / Vulcan Minerals Inc. is pleased to provide the following exploration update on its Springdale Copper-Gold project in north central Newfoundland. Highlights: Newly discovered Teapot Prospect - Quartz veins assay up to 6.65 g/t Au and up to 1.4% copper in separate samples Gold and copper soil geochemical anomalies at Pine Pond and West Brook highlight new exploration targets Teapot Prospect In 2023 the Company discovered a new zone of shear-zone hosted gold bearing quartz veins at the "Teapot" prospect while conducting ground follow up on soil geochemical sampling completed in 2022. Mineralization at Teapot consists of gold in chalcopyrite, galena and sphalerite bearing quartz veins hosted in sheared mafic vo...

Tocvan Ventures Corp. , has been steadily advancing and de-risking a sizable land package towards production in the mine-friendly State of Sonora, Mexico. Focused on the recently expanded Pilar Project that now spans over 22 square kilometers, full road access provides a path for cost effective exploration and development. Past programs accounting for over 20,000 meters of drilling concentrated on less than 5% of the total land area. Until now, the remaining 95% of the land package was historically underexplored. Early exploration results indicate large scale targets defined by placer gold workings and hydrothermal alteration cells tied to gold and silver mineralization. This year, the Company is continuing with mine development permitting and an extensive drill program to bu...

Neotech Metals Corp. , is pleased to announce that it intends to complete a non-brokered private placement financing, in one or more tranches, of up to 2,142,857 flow through units of the Company , at a price of $0.70 per FT Unit, for gross proceeds of up to $1,500,000 . Each FT Unit will be comprised of one common share that qualifies as a "flow-through share" as defined in the Income Tax Act and one-half of one flow through common share purchase warrant , with each Warrant entitling the holder to purchase one common share at a price of $0.80 for a period of three years. The FT Units, including all underlying securities thereof, will have a hold period of four months and one day from the date of issue. Finder's fees may be payable to arm's length parties who introduce subscr...

Traction Uranium Corp. announces the completion of a single sonic drill hole at the Hearty Bay Property and the early suspension of the drill program due to deteriorating ice conditions on Lake Athabasca. The use of a track mounted sonic drill has resulted in the recovery of till for the first time under the lake in the up-ice direction from the high grade boulder trains on Isle Brochet and resulted in the recovery of a complete intersect of the underlying glacial till. Initial interpretation of this unit is favorable and suggests less post depositional disturbance than assumed, supporting the theory that the glacial till in which the historic high grade boulder trains on Isle Brochet occur, does extend up ice under the lake towards a source location. Importantly, this sugges...