New greenfield discovery in the NW part of the JV area 26.45 g/t Au over 2.45 m; 1.05 g/t Au over 40.70 m; 1.33 g/t Au over 17.90 m; 1.74 g/t Au over 14.10 m Up to 12.55 g/t Au in trench channel samples No previous drilling within 1.0 km of the Sore discovery Results pending from 4,000 m of diamond drilling Drilling program halted following the receipt of Notice from B2Gold of Offer from Rupert Resources to Acquire B2Gold's Joint Venture Interest; Aurion considering options regarding Right of First Refusal ST. JOHN'S, NL, March 19, 2024 /CNW/ - Aurion Resources Ltd. reports results for 12 holes from the 2023 scout drilling program in the Sore area, approximately 38 km northwest of Helmi on the Aurion-B2Gold Corp. Joint Venture , operated by B2Gold, in the Central Lapland Gree...

MAG Silver Corp. announces the Company's consolidated financial results for the year ended December 31, 2023. For details of the audited consolidated financial statements of the Company for the year ended December 31, 2023 and management's discussion and analysis for the year ended December 31, 2023 , please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus at or on the Electronic Data Gathering, Analysis, and Retrieval at . All amounts herein are reported in $000s of United States dollars unless otherwise specified . KEY HIGHLIGHTS MAG reported net income of $48,659 driven by income from Juanicipio of $65,099 and Adjusted EBITDA1 of $97,480 for the year ended December 31, 2023. MAG reported net income of $15,694 driven by income from ...

Golden Minerals Company has reported financial results and a business summary for the full fiscal year ending December 31, 2023. Business Summary The Company's Rodeo mine concluded operations in June 2023 and finished processing stockpiled material in September 2023. From its inception in January 2021 through December 31, 2023, Rodeo produced 31,126 ounces gold and 126,151 oz. silver. Cash costs per payable gold oz.1, net of silver by-products, averaged $1,275 during that period. Between March and September 2023, the Company processed and sold 3,000 tonnes of mineralized material from the Velardeña Properties that had been stockpiled during test mining conducted during 2022. In November 2023, the flotation plant was restarted to finish processing material that had been partia...

Arizona Sonoran Copper Company Inc. reports that drilling at MainSpring on its 100%-owned Cactus Project, Arizona, confirms near surface mineralization up-dip from the Parks/Salyer deposit . A total of 17,650 ft of drilling or 16 holes are reported herein, with 10 holes pending. The 2024 MainSpring inferred drill program is now complete and drilling continues to define indicated drill spacings with 3 drill rigs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240319211325/en/ MainSpring - Parks/Salyer Plan View Drilling at MainSpring has extended the High Grade Mine Trend at Parks/Salyer by 650 ft to the southwest, and traces lower grade mineralization another 2,500 ft south, to within 140 ft of surface. Drilling on...

Highlights: New, near-surface, Gold Zone discovered 400 metres East of the Bussiere Mine Zone; significant new gold intersections grading up to 6.2 g/t Au over 13.0 metres , including 68 g/t Au over 1.0 metre; 4.1 g/t Au over 6.0 metres; and 1.1 g/t Au over 29.0 metres. Near-surface expansion drilling on the Creek Deposit intersected parallel gold zones grading up 6.2 g/t Au over 9.1 metres , including 162 g/t Au over 1.0 metre; and 18.4 g/t Au over 3.0m , including 66.4 g/t Au over 1.0 metre. Near-surface expansion drilling at Bussiere Deposit intersected thick gold zones grading up to 1.0 g/t Au over 61.0 metres. An additional 10 holes totaling 2,300 metres have been drilled on the new discovery area during the on-going 2024 Winter drilling program . TORONTO, March 19, 2024 -- [wp=3160]P...

Provenance Gold Corp. is pleased to report that following the strong results of the Company's recent 11-hole drill program, coupled with continuing positive geological field investigations, the Company has secured an additional 42 BLM claims through staking adjacent to its Eldorado property in Malheur County, USA . As part of Provenance's ongoing advancement at Eldorado, the expansion has added 804 acres to the project's original 336 acres, for a total new land package of 1,140 acres. The expanded land area exhibits evidence of historic placer mining and hosts strong soil gold anomalies as well as scattered widely spaced historic drill holes that report strong gold intervals. Provenance's geological modeling suggests mineralized structures extend onto the new claims thereby a...

EcoGraf Limited advises that the delegate of the Australian Commissioner of Patents has issued findings in favour of opposition raised to the Company's Australian patent application, filed on 1 November 2022 and entitled "Method of Producing Purified Graphite". EcoGraf is considering its position in relation to the matter, specifically whether or not it intends to file amendments to overcome the deficiencies identified by the delegate in the Company's Australian patent application and/or whether to exercise its right of appeal to the Federal Court. The findings of the delegate have no impact on EcoGraf's rights to develop EcoGraf HFfree™ purification facilities within...

Transactions Consolidate Multiple Overlapping Mineralized Systems Under Quartz Control Quartz Mountain Resources Ltd. is pleased to announce the Company has agreed under two separate transactions, to purchase a 100% interest in each of the Lone Pine Claim and the North Claim . These two mineral claims total 169 hectares and are located within the Company's 100%-owned Maestro Property located 15km north of the town of Houston, British Columbia. Consolidation of the 2,309 -hectare Maestro Project area allows continuous, through-going access to explore the potential for multiple overlapping precious and base metal systems in their entirety. As such, they add significant value to the Company's strategic plan to develop and transact the Maestro Project. In December 2023, Quartz co...

SouthGobi Resources Ltd. announces deferral of payment obligation under Convertible Debenture. Background This announcement is made by SouthGobi Resources Ltd. pursuant to Rule 13.09 and Chapters 14 and 14A of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance . Reference is made to the announcements of the Company dated November 11, 2022, August 30, 2023, October 13, 2023, November 17, 2023 and January 19, 2024 and the management proxy circular of the Company dated July 20, 2023 in relation to the deferral agreements under the Convertible Debenture. Unless otherwise specified, terms used in this announcement shall have the meaning as defined ...

Bathurst Metals Corp. is pleased to announce the completion of the Company's inaugural diamond drilling program on our Peerless Project, testing the Beta Zone area. The program entailed completing four HQ-size diamond drill holes for 702.0 m. The Peerless Property is in the historic Bralorne-Gold Bridge Mining Camp area. The company initially planned to drill three holes totaling 600 metres. Based on the extent and concentrations of mineralization and noted visible gold, the program was expanded to four holes for a total of 702.0 metres. Mineralization consisted mainly of fracture-controlled to semi-massive arsenopyrite, pyrite, galena, and sphalerite associated with quartz veins, quartz-carbonate veining, micro-...

Defense Metals Corp. is pleased to announce the appointment of HCF International Advisers Limited , a leading global independent corporate finance advisory boutique based in London, UK, to conduct a strategic funding review for the Company's wholly-owned Wicheeda Rare Earth Element Project located in British Columbia, Canada. HCF specializes in providing comprehensive financial advisory services with a primary focus on the metals and mining sector. The strategic funding review will, among other things, assist Defense Metals in thoroughly analyzing potential funding options and strategic partnerships for the development and advancement of the Wicheeda REE Project beyond the completion of its Preliminary Feasibility Study expected in Q2 2024. Craig Taylor, CEO of Defense Metals...

Nexa Resources S.A. announces today the suspension of its mining operations at the Morro Agudo Complex in the state of Minas Gerais in Brazil effective May 1, 2024, until further notice. Commencing from the date hereof until April 30, 2024, mining activities will be reduced while limestone production activities will continue at full capacity. Nexa is committed to carrying out a structured process, aiming to minimize impacts on the business and, particularly, on its employees and host communities. In 2023, the Morro Agudo mine produced 23kt of zinc and 8.3kt of lead at a sustaining cash cost net of by-products of US$0.87/lb. The mine does not currently have any estimated Mineral Reserves. The Ambrósia mine reached the end of its life of mine during the fourth quarter of 2020 a...

London, 19 March 2024 - Endeavour Mining Plc announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. Aggregated information Dates of purchase: 18 March 2024 Aggregate number of ordinary shares of USD 0.01 each purchased: 5,031 Lowest price paid per share : 1,458.00 Highest price paid per share : 1,463.00 Volume weighted average price paid per share : 1,461.01 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 245,106,124 ordinary shares in issue. Therefore the total voting rights in the Company will be 245,106,124. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will...