Arizona Sonoran Copper Company Inc. today reports the results from an NI 43-101 Preliminary Economic Assessment on its 100%-owned brownfield Cactus Project in Arizona, USA. The PEA supersedes the previously released Pre-Feasibility Study in all respects, and rescopes Parks/Salyer as an open pit operation resulting from the inclusion of the MainSpring property. The inclusion materially improves the economics and operations of the project, producing a total of 5.3 billion lbs or 2.7 million st of LME Grade A Copper Cathodes over a 31-year operating LoM via heap leaching and solvent extraction and electrowinning , an established and industry standard hydrometallurgical extraction technology. All dollar amounts referenced herein in US dollars, and all references to tons are imper...

Peruvian Metals Corp. , a Canadian exploration and mineral processing company with operations in Peru, is providing a bi-weekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders . On July 22, 2024, the Company announced that it applied for a management cease trade order with the Alberta Securities Commission in connection with the delay in filing of its audited annual financial statements for the year ended March 31, 2024, related management discussion and analysis and CEO and CFO certificates by the prescribed filing deadline . At that time, based on information then-available, the Company expected to file the Required Documents by August 16, 2024. The MCTO was issued on July 30, 2024 and restricts its Chief Executive Officer and...

This news release constitutes a "designated news release" for the purposes of Marimaca Copper's prospectus supplement dated May 22, 2024 to its short form base shelf prospectus dated September 12, 2023. VANCOUVER, British Columbia, Aug. 07, 2024 -- Marimaca Copper Corp. is pleased to announce the closing of the previously announced C$25,762,500 strategic equity investment by Assore International Holdings Limited and the concurrent C$4,500,000 equity investment by an additional investor . Pursuant to the Private Placements, AIH acquired an aggregate 5,725,000 units of the Company consisting of one common share of Marimaca and one half of one Common Share purchase warrant at a price of C$4.50 per Unit. The additional investor acquired an aggregate 1,000,000 Units ...

Royal Gold, Inc. reports net income of $81.2 million, or $1.23 per share, for the quarter ended June 30, 2024, on revenue of $174.1 million and operating cash flow of $113.5 million. Adjusted net income1 was $82.6 million, or $1.25 per share. Second Quarter 2024 Highlights: Strong financial results with revenue of $174.1 million, operating cash flow of $113.5 million and earnings of $81.2 million; after minor adjustments, adjusted earnings were a quarterly record Revenue split: 74% gold, 13% silver, 10% copper Sales volume of 74,500 GEOs2 Sustained high adjusted EBITDA margin1 of 81% Repaid $100 million of debt, reducing total debt to $50 million Total available liquidity was approximately $1 billion, and balance sheet returned to net cash position Paid quarterly dividend of $0.40 per shar...

CVW CleanTech announced today that effective today it is entering into a royalty investment with Northstar Clean Technologies Inc. pursuant to which the Company has agreed to purchase a five-year $14 million second secured 10% convertible debenture of Northstar , which will be convertible into a revenue royalty on Northstar's next two asphalt shingle reprocessing facilities . Upon conversion of the Convertible Debenture, and pursuant to the terms of the royalty agreement, CVW CleanTech is entitled to receive recurring royalty payments based on revenues at Northstar's next two facilities, which will be no less than 12% of such revenues. In connection with the Transaction, CVW CleanTech has made an initial payment to Northstar in the amount of $1.5 million. The Transaction is ex...

Big Red Mining Corp. is pleased to announce the closing of its Non-Brokered Private Placement announced June 27, 2024. The Private Placement consisted of the issuance of 1,500,000 common shares of the Company at a price of C$0.10 per common share for gross proceeds of $150,000 to the Company. All securities issued pursuant to the Private Placement are subject to a statutory hold period in accordance with the applicable Canadian securities laws, expiring on December 7, 2024. The net proceeds received from the Offering will be used by the Company for general working capital and exploration and development activities. About Big Red Mining Corp. Big Red holds an option to acquire a 100% interest in the Dobie Lake Copper Project in Ontario, Canada. The Property is Located approxim...

No.24-13 BMM: TSX-V Black Mammoth Metals Corp. is pleased to announce that Quicksilver Systems of Bend, Oregon has completed and interpreted a mercury vapor survey on behalf of the Company at its Happy Cat gold property in Nevada. Mercury detectors were placed at 335 stations along 6 east - west lines, 30m apart, with lines ranging 122m to 293m between lines. The Hg Survey was located over the Property's approximate 4 square kilometer area that is identified as being hydrothermally altered typical to that of alteration zones present at other Carlin-type deposits in northern Nevada. The Alteration encompasses an area where northerly trending high-angle faults intersect indicated NW-trending re-activated faults that are known to be of age and orientation as ore-controlling faul...

VANCOUVER, BC, Aug. 7, 2024 /CNW/ - Trading resumes in: Company: SLAM Exploration Ltd. TSX-Venture Symbol: SXL All Issues: Yes Resumption : 12:45 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 provide any information about a specific halt beyo...

Includes 31.20 Meters Grading 3.84% Copper Equivalent August 07 - Miramichi, New Brunswick ? SLAM Exploration Ltd. announces it drilled a 64.90 meter core interval grading 2.19% copper equivalent from 23.60 meters to 88.50 meters in hole GW24-02. This interval includes a 31.20 meter zone grading 3.84% copper equivalent and individual samples ranging up to 12.51% copper equivalent over 0.50 meters. GW24-02 is one of 3 holes drilled on SLAM's wholly owned Goodwin claims located 5 kilometers southwest of the Half Mile copper zinc silver deposit in the Bathurst Mining Camp of New Brunswick. From To Length Copper Nickel Gold Cobalt Silver Copper % Meters Meters Meters % % g/t % g/t Equivalent 23.60 88.50 **64.90 0.73 0.64 0.07 0.05 6.34 2.19 23.60 71.00 **47.40 0.94 0.83 0.09 0.06 ...

VANCOUVER, BC, Aug. 7, 2024 /CNW/ - The following issues have been halted by CIRO Company: SLAM Exploration Ltd. TSX-Venture Symbol: SXL All Issues: Yes Reason: Pending News Halt Time : 11:46 AM 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 prov...

Red Lake Gold Inc. provides a corporate update. Financing Update The Corporation reports that it has discontinued its previously announced financing , with no common shares having been issued thereunder. As at the date hereof, the Corporation has 41,739,169 common shares issued and outstanding. Additional Update The Corporation was yesterday advised by its geological consultants, Fladgate Exploration Consulting Corporation , that full and final laboratory results from the Corporation's recent exploration program have been received by Fladgate . Red Lake Gold expects to receive said laboratory results this week from Fladgate and will then undertake to review and analyze the same, and if appropriate then being followed by the Corporation endeavouring to provide a near-term upda...

American Salars Lithium Inc. announces that its common shares will commence trading under the symbol "USLIF" effective today August 7th, 2024, on the OTC Markets, a US trading platform that is operated by the OTC Markets Group in New York. The Company's common shares will continue to trade on its primary market, the Canadian Stock Exchange under the symbol "USLI" as well as on the Frankfurt Stock Exchange under the symbol "Z3P". In addition, the Company is pleased to announce that it has received DTC eligibility by The Depository Trust Company , a subsidiary of the Depository Trust & Clearing Corporation . Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities speeds up...

Argo Gold Inc. has entered into an agreement to acquire mineral claims in North Saskatchewan pursuant to which Argo Gold can acquire a 100% interest in certain mineral claims located 120 kilometres north of La Ronge, Saskatchewan in exchange for an aggregate of $7,000 cash and 1,000,000 common shares of the Company. The common shares issuable thereunder will be subject to a statutory hold period of four months and one day from the date of issuance. The North Saskatchewan mineral claims consist of 5955 hectares proximal to the past-producing Rottenstone Mine which produced nickel, copper, gold and platinum group metals from 1965 to 1969. The open pit mine operated during a summer production season, with winter haulage, and the concentrate produced was shipped to Copper Cliff, ...