K92 Mining Inc. announces that underground operations at the Kainantu Gold Mine have been temporarily suspended after a non-industrial incident occurred on the Company's mining lease on March 10, 2024, resulting in a deceased employee. Processing operations were temporarily suspended for three days and have resumed processing stockpiles. Preliminary findings from K92 and the Royal Papua New Guinea Constabulary have concluded that the death is a non-industrial suspicious incident. K92 is working with the relevant Government authorities under the Criminal Code Act and Mining Act to support their investigations. On March 13, 2023, the Mineral Resources Authority ordered a temporarily suspension of underground operations through issuance of a "Form 29", pending the completion of ...

Barksdale Resources Corp. is pleased to provide assays from the lower portion of the SUN-003 drill hole, completed as part of the ongoing Phase I drill program at the Sunnyside copper-lead-zinc-silver exploration project in Arizona. HIGHLIGHTS Barksdale has intercepted multiple intervals of carbonate replacement style mineralization in SUN-003, including assays released previously . Additional assays from the lower zones of polymetallic CRD mineralization intersected in SUN-003 include the following results: 2.28m grading 1.72% Zn, 0.63% Pb, 13.5 g/t Ag, and 0.016 g/t Au from 1480.57m depth 1.01m grading 0.46% Cu, 11.9% Zn, 3.8% Pb, 377 g/t Ag, and 0.028 g/t Au from 1550.67m depth Barksdale aims to provide guidance for the remaining 2024 drill campaign within the next 30-45 d...

Northern Graphite announces that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of ICP's proprietary algorithm, ICP Premium™, in compliance with the policies of the TSX Venture Exchange and applicable securities laws. ICP's market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company's shares. ICP will make a two-sided market in the Company's common shares and ‎provide liquidity and ‎stability to the common shares with the objectives of establishing a fair and orderly market, improving liquidity and providing the Company with market intelligence. ICP will be responsible for the costs it incurs in buying and selling the Company's shares, and no...

Freeport has Commenced Discussions with Strategic Partners to Advance its 100%-Owned Yandera Project. Copper Prices broke $9,000/t and $4.00/lb in recent days as demand for copper undergoes an unprecedented structural change driven by the global energy transition. The removal of Cobre Panama's supply and related decision by Chinese smelters to trim output due to a lack of copper concentrate adds to looming copper deficits. Proximity to Asia, the world's largest copper refiner and consumer, positions the Yandera Copper Project as an attractive potential long-term source of copper supply. Freeport Resources Inc. is pleased to announce that with the recent Yandera license renewal through 2025, the Company has commenced discussions with several potential strategic partners to adv...

Spanish Mountain Gold Ltd. is pleased to announce the Company has entered an agreement with BC Hydro and will receive funding to conduct an assessment of power efficient alternatives for the proposed Spanish Gold Mountain project located in the Cariboo Gold Corridor near Likely, British Columbia, Canada. The work will focus on opportunities to optimize gold production, comminution power and floatation performance for the Project. Peter Mah, Spanish Mountain Gold's President, CEO and Director comments, "We are thrilled to partner with BC Hydro in our 'Relentless Pursuit for Better Gold' as the Company strives to define the most attractive financial returns for the project and solutions to achieve the vision of the lowest carbon intensity gold mine in Canada. Our interests are a...

Kraken Energy Corp. is pleased to announce that Kraken Energy President & CEO Matthew Schwab is scheduled to present at the 2024 Kinvestor Critical Minerals & Mining Virtual Conference on Tuesday, March 26th at 10:45 am PT . More details below. Kinvestor Critical Minerals & Mining 2024 is a virtual conference featuring a stellar lineup of presenting companies in the critical minerals and mining industries. This event will showcase several junior mining companies exploring for minerals that are critical to the global energy transition including copper, graphite, titanium, and uranium, as well as the precious metals gold and silver. Hosted by Kin Communications president and host of The Kinvestor Report Arlen Hansen, KCMM24 will also feature a roundtable discussion with industr...

Independence Gold Corp. is pleased to announce the commencement of a diamond drill program at its 100% owned 3Ts Project, located approximately 185 kilometres southwest of Prince George, British Columbia and situated 16 km southwest of Artemis Gold Inc.'s Blackwater Project. The spring drill program will consist of approximately 20 planned drill holes totaling a minimum 4,200 metres and will focus on the underexplored sections of the Ted-Mint and Tommy Vein Systems, especially at depth where there is the potential for high-grade intercepts that will be used to expand the existing mineral resource . The drill budget will also allow for the testing of several geophysical targets located 400m west of the Tommy Vein, collectively known as the "Balrog" anomaly, and further testing...

Highlights A 172% increase of Indicated Mineral Resources to 66.1 million tonnes containing 1,093 million pounds copper at 0.75%, 678Mlb nickel at 0.47%, 79Mlb cobalt at 0.05%, 2.34 million ounces palladium at 1.10 g/t and 0.42Moz platinum at 0.19 g/t; 80% of the Indicated Mineral Resources is Open Pit with 52.7Mt at 0.65% Cu, 0.43% Ni, 0.05% Co, 0.97g/t Pd and 0.17% Pt; Inferred Mineral Resources of 25.9Mt containing 558Mlb copper at 0.98%, 333Mlb nickel at 0.58%, 40Mlb cobalt at 0.07%, 1.12Moz palladium at 1.43 g/t and 0.21Moz platinum at 0.25 g/t; Successful major upgrade of Mineral Resource tonnages from Inferred to Indicated category combined with continued expansion of overall Mineral Resource size along strike and down / up dip; Potential for continued Mineral Resource expansion alo...

Arch Resources Inc. today announced that George J. Schuller Jr., a highly regarded mining industry executive with decades of senior operational leadership experience, has joined the company as senior vice president and chief operating officer, effective immediately. "We are extremely pleased that George has agreed to join the Arch team in this pivotal capacity and view him as a perfect fit with our sustainability-focused and results-driven culture," said John T. Drexler, Arch's president. "George has decades of leadership experience in the global coal and mining industry and brings a tremendous record of success in managing large-scale mining operations in a safe, responsible, efficient and collaborative manner. We consider George the ideal person to lead Arch's world-class po...

AUSTIN, Texas, March 19, 2024 /CNW/ - Muddy Waters Capital LLC announced today that it has lost confidence in the board of directors of Mayfair Gold Corp. . Muddy Waters intends to solicit proxies from securityholders of Mayfair for the purpose of reconstituting the Board and, accordingly, is ceasing to rely on the alternative monthly report system in respect of Mayfair. Carson Block, Founder and Chief Investment Officer of Muddy Waters, stated "The conduct of the Board has raised serious concerns that we believe must be addressed promptly. For example, repeated delays on a number of key objectives appear to have been met with uncertainty about how to proceed. This has eroded our confidence in the ability of the Board to set realistic goals, establish key strategic targets an...

Abitibi Metals is pleased to announce that a third drill rig has been secured for the on-going maiden drill program underway at the B26 Polymetallic Deposit. The third rig is expected to arrive on Tuesday, keeping the Company on track to complete over 10,000 m across its three priority targets by quarter end under the first phase of a fully funded 30,000-metre 2024 field season. On November 16th, 2023, the Company entered into an option agreement on the B26 Deposit to earn 80% over 7 years from SOQUEM.

Trailbreaker Resources Ltd. today announces a non-brokered structured private placement offering , consisting of the issuance of the following securities: up to 1,406,250 CMETC Flow-Through Units at a price of $0.64 per CMETC FT Unit, to raise gross proceeds of up to $900,000, each CMETC FT Unit consisting of one flow-through common share of the Company and one half of one transferable non-flow-through common share purchase warrant . up to 2,593,750 Flow-Through Units at a price of $0.56 per FT Unit, to raise gross proceeds of up to $1,452,500, each FT Unit consisting of one FT Share and one half of one Warrant. Each Warrant will be exercisable to acquire one additional non-flow-through common share of the Company at a price of $0.60 for 24 months following the date of issuan...

PPX Mining Corp. is pleased to announced that, in preparation to the start of construction, the Company is actively working with UHY BSA Group to renew its accounting systems, update its operating platforms, organize budgeting and treasury activities, as well as to setup accounting and payroll outsourcing services. UHY BSA is the member firm in Peru of UHY International which is a top global network of auditing, accounting, tax and consulting firms, with over 9,500 professionals in more than 340 business centres across 100 countries. Based in London, UK, with international comprehensive resources and capabilities, UHY International ranks as the 20th largest accountancy network worldwide. As mentioned in previous releases, the Company is in the process of receiving its final p...