American Rare Earths is pleased to announce the results of the "Halleck Creek Scoping Study Technical Report" compiled by Stantec Consulting Services Inc . Located in the major mining hub of Wyoming, USA, the Halleck Creek project provides compelling economics and the ARR board has unanimously recommended the project advance to the next phase of development. Highlights: Under our base case 3Mtpa operating scenario, Scoping Study outlines NPV8 of US$673.9 and NPV10 of US$505.1m at Halleck Creek, equating to an IRR of 22.5% and payback period of 2.9 years with total initial capex of US$456.1m . LOM average Cost = $38.38/kg, which is favorable when compared to the most recently reported US$50/kg cash cost of NdPr by China Northern Rare Earths1 - the world's largest integrated producer. A full...

Northisle Copper and Gold Inc. is pleased to announce that a total of 5,048,000 warrants issued on December 17, 2021 have been exercised by Michael Gentile and Pierre Beaudoin for gross proceeds of $1,413,440. These funds will be used to accelerate development of the North Island Project including technical and economic studies. Adjusting for warrant proceeds, the company had $9 million in cash and cash equivalents as of December 31, 2023 , with no debt and no additional warrants outstanding. Sam Lee, President & CEO of Northisle stated, "We are pleased to have the continued support of Michael Gentile and Pierre Beaudoin, who have fully exercised their warrants as of today. We are fully financed for our 2024 development program with a clean capital structure and no debt, posi...

Spruce Ridge Resources is pleased to announce that it has staked several mining claims at Eight Dollar Mountain, an area containing nickel laterite. Steve Balch, President and CEO stated, "Eight Dollar should be considered a grass-roots property, but we know it contains nickel laterite from historic exploration. We now have four properties in Oregon, two with historical nickel resources, one with nickel sulphide intersections in drillcore and now more nickel laterite at Eight Dollar. We also retain our interest in the Great Burnt Copper and South Pond Copper and Gold properties in Newfoundland, currently under option to Benton Resources, and are one of Benton's largest shareholders." Eight Dollar Eight Dollar is...

Granada Gold Mine announces that it has submitted the documentation with the completed required work program to the Directorate of Development and Control of Mining Activity, Ministry of Natural Resources and Forests. The same renewal application process was used recently to renew mining lease BM852. Mine Development Leases Highlights: • Mining Lease BM813: Granada Gold Mine's renewal application for this 21.12-hectare mining lease has been submitted and is awaiting approval. Results from a 500-tonne surface bulk sample, taken in 2022 from BM813 from high-grade Vein 1 and processed at Temiskaming Testing Laboratory in Cobalt, Ontario, was reported November 28, 2023 as grading 3.95 grams per tonne gold. •Mining Lease BM852...

Sarah Armstrong-Montoya, President and Chief Executive Officer of Cordoba Minerals Corp. announces today that Cordoba and Bell Copper Corporation have agreed to amend the Perseverance Joint Venture and Earn-in Agreement , of which Cordoba has vested a 51% interest in the Perseverance Porphyry Copper Project in Arizona, USA. Under the Amended Joint Venture Agreement, the current earn-in phase for Cordoba has been adjusted to spend C$14,200,000 by April 24, 2026 for the option to earn an 80% interest in the Perseverance Project. This adjusted project expenditure of C$14,200,000 reflects the combination of the Phase 3 and Phase 4 earn-in spending requirements in the original Agreement, and with additional project expenditures of C$1,200,000 for amending the Agreement. The timing...

Enduro Metals Corp. is pleased to announce the BC Ministry of Mines, Energy and Low Carbon Innovation has approved a new 5-year Mines Act permit to continue to undertake mineral exploration activities at the Company's 100% owned Newmont Lake Property. The permit will be in effect for five years with a provisional expiry date of March 31st 2029. The Mines Act permit which has been issued to the Company is required to, inter alia, enable the construction of drill pads and helipads, undertake IP surveys, store fuel on the property and maintain the Company's exploration camp infrastructure. The permit was approved following consultation with the Tahltan Central Government and the Province of British Columbia. Cole Evans, CEO, commented: "Project permitting and consent have been m...

Amex Exploration Inc. is pleased to report the metallurgical test work from the Denise, Gratien, Grey Cat and Team gold zones . The overall gold recoveries achieved tests showed excellent recovery > 95% in all samples and > 98% on high-grade samples . For a full list of the metallurgical test results, please see Tables 1-6 below. As a reminder, on November 11, 2020, Amex reported metallurgy results from High Grade Zone , where all three composites returned better than 99% gold recovery using a simple flowsheet. Both low and high-grade composites were tested for all zones. Metallurgical work was completed by SGS Canada Inc., a leader in metallurgical and analytical studies. Jacques Trottier, PhD, Executive Chairman of the Board of Amex Exploration commented, "This metall...

Avalon Advanced Materials Inc. is pleased to announce that it has entered into a $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 first drawdown on the Funding Agreement will be for $2,750,000, and is expected to close within the next two weeks. Subject to further agreement by the parties, additional drawdowns under the Funding Agreement can be made on satisfaction of certain conditions. The proceeds from the first drawdown will be used to accelerate the work program for the Company's planned lithium processing facility located in Thunder Bay, Ontario, including the initiation of a preliminary economic assessment, and cover near term working capital require...

Canada Carbon Inc. is pleased to announce it has received results from the Fall 2023 drilling program completed on the eastern part of its Asbury Property. These results consist of 909 core samples that showed graphite mineralization. Drilling was conducted from October 16, 2023, to Nov 30, 2023. Figure 1: Overview of Asbury Project and the Results of Fall 2023 Campaign's Assays The Program The 2023 program consisted of 13 diamond drill holes totaling 2,457 metres . The drill program aimed to test depth and lateral extensions of known mineralization in the north-eastern area of the Property and to probe the new conductor anomalies found along the interpreted mineralized corridor that connects the historical Asbury mine site to t...

Sierra Metals Inc. reports financial results for the three months and full year ending December 31, 2023. Ernesto Balarezo, CEO of Sierra Metals, commented, "2023 was a tremendous turnaround year for Sierra Metals. The team's efforts to identify and execute initiatives to increase efficiencies, reduce costs, and enhance safety practices have allowed the Company to deliver upon our operating and corporate objectives for the year. Our mines, Yauricocha and Bolivar, increased production and lowered costs allowing us to meet production guidance and generate over $50 million of EBITDA but more importantly we were able to operate at improved safety standards." Mr. Balarezo continues, "Our strong performance in 2023 has provided a platform to position Sierra Metals for growth. With the Level 1120...

enCore Energy Corp. announced the highest grade drill results to date since drilling activities restarted from the Alta Mesa Project in South Texas. These results significantly exceed the cutoff grade thickness requirements for In-Situ Recovery of uranium. The Company also reports that work to advance the Alta Mesa Uranium Central Processing Plant and Wellfield towards production is advancing on schedule. Highlights include: Drilling from Alta Mesa's Production Area Authorization provides results that range up to a grade thickness of 8.4 with a maximum thickness of 13.5 feet. The cutoff grade thickness for ISR in South Texas is generally accepted to be 0.3 with grade thickness being the relevant fact...

Outcrop Silver & Gold Corp. is pleased to announce the 2024 drilling program at the 100% owned Santa Ana high-grade silver project in Colombia is expected to commence in April 2024. The program, is designed to not only expand resources in areas previously identified for their potential but also to drill new targets along the 18.5 kilometres of strike that has been drill permitted. The program will focus on extending mineralization along strike and down dip at El Dorado, including veins not previously included in the 2023 maiden resource due to insufficient drill density. Additionally, we will explore untested veins, such as the promising Aguilar-Guadual target, and Los Mangos area to the southwest, identified by numerous high-grade channel samples. This comprehensive approach ...

Piedmont Lithium , a leading global supplier of lithium resources critical to the U.S. electric vehicle supply chain, today announced the appointment of Dawne Hickton to the Board of Directors , effective March 14, 2024. Ms. Hickton is an accomplished leader in the aerospace, energy, and metals industries, adding to the extensive manufacturing expertise of the directors and further diversifying the Board's executive, operational, and strategic guidance to the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240318562526/en/ Dawne Hickton "We are pleased to welcome Dawne to Piedmont's Board," said Jeff Armstrong, Chairman of the Company's Board of Directors. "Dawne has an expansive background in board leadership as a highl...