Vancouver - Avrupa Minerals Ltd. is pleased to announce that it intends to complete a $350,000 private placement of Units. The proceeds of the private placement financing will be used to fund exploration and drilling at the projects in Finland and for working capital. Avrupa has two other European drilling projects underway, or soon to be underway, this summer, one for copper and zinc and one for gold and silver, both funded by partners. Private Placement Subject to the approval of the TSX Venture Exchange , the Company intends to raise $350,000 by way of a non-brokered private placement offering by issuing 10 million units at a price of $0.035. Each Unit will be comprised of one common share in the capital of the Company and one common share purchase warrant . Each Warrant w...

Burgundy Diamond Mines Ltd. is pleased to confirm that the agreement with the surety providers in relation to the reclamation bonds has been formally concluded and signed by all parties, in line with previously agreed principles . Burgundy is required to post security with key government agencies to ensure reclamation is completed across its mining properties, as required by relevant legislation in Canada and the Northwest Territories. The security is provided in the form of either cash, letters of credit or surety bonds, or a combination of these. Significantly, Burgundy can confirm it has successfully concluded the renegotiated cash collateralisation payment schedule to extend over four years, consistent with Ekati's current life of mine plan, versus the previous terms requ...

Canadian Critical Minerals Inc. is pleased to report revenues for the Company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River Mine project near Cranbrook, BC. During the month of July 2024, the Company trucked 550 wet metric tonnes of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD$143,000 for the July 2024 shipments. The mineralized material sent to New Afton graded 3.73% Cu, 0.69 g/t Au and 31.0 g/t Ag. During the month, the Company encountered lower grade material from the surface stockpile. Although more mineralized material was processed through the ore sorter compared to all previous months of operation, less high-grade material was concentrated for shipment to New Af...

Goldgroup Mining Inc. has entered into an agreement on August 13, 2024 to acquire all of the interests owned by a group of creditors who own a loan facility pursuant to which various advances were made to Minera Apolo, S.A. de C.V. . The outstanding amount under the Loan Facility is currently approximately USD $2.7 million and the facility is secured against the assets and shares of Apollo located in San Luis Potosi, Mexico. Upon completion of the acquisition of the Loan Facility, the Company plans to commence enforcement actions and settlement discussions in respect of the outstanding amounts under the Loan Facility, with the ultimate goal being the transfer of the shares of Apolo as full or partial settlement of the Loan Facility. As a result, Goldgroup would acquire full o...

Loyalist Exploration Ltd. is pleased to announce that it has commenced its 2024 field exploration program on its 100% owned Rolling Pond Gold Project located in Central Newfoundland. The program will consist of prospecting and infill soil sampling with approximately 500 "B" horizon soils to be collected. The soil sampling program has been designed to in-fill large gaps in historical sampling programs where significant gold in soil anomalies have been located. Upon completion of the program and once results are received, another phase of exploration consisting of ground geophysics along with a trenching program will be planned to further test these gold targets. The Rolling Pond Gold Property consists of 202 claims covering a 5050 hectare area and located along the periphery o...

VANCOUVER, BC, Aug. 14, 2024 /CNW/ - The following issues have been halted by CIRO Company: Goldgroup Mining Inc. TSX-Venture Symbol: GGA All Issues: Yes Reason: Pending News Halt Time : 9:15 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 pro...

TSX Venture Exchange: ADY OTC: ADYRF FSE: 701GR Adyton Resources Corp. is pleased to report that Dr Chris Bowden who recently joined Adyton as Chief Operating Officer is now on Feni Island leading a team of PNG geologists and field assistants verifying previously reported information, collecting new rock samples and undertaking field mapping. CEO Statement "On the back of Dr Chris Wilson joining the Adyton Board as key geological technical adviser I am thrilled that Dr Bowden has joined the Adyton team and will spearhead our on the ground exploration activities. Dr Bowden has a strong discovery track record leading successful exploration teams globally, including in many developing countries. His experience spans multiple deposit types, specializing in mineralized epithermal ...

One World Lithium Inc. announces that further to its June 14, 2024, news release, it now has completed a first tranche of its non-brokered private placement . Under the First Tranche, the Company has issued 9,231,835 Units for gross proceeds of $276,955. All securities issued are subject to a four month and one day hold period, from the closing of the Offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. The First Tranche comprises the initial portion of the Offering, which is hereby extended, under which OWL is offering up to 16,666,666 units at a price of $0.03 per unit for gross proceeds of $500,000. Each Unit will consist of one common share of the Company and one non-transferable Common Share purchase warrant . Each ...

Dynasty Gold Corp. has completed Phase 1 of its 2024 Drill Program at its Thundercloud property in the Archean Manitou-Stormy Lakes Greenstone belt, 47 kilometers southeast of Dryden in northwestern Ontario. Ivy Chong, the President and CEO, comments, "Dynasty completed Phase 1 of the 4,000 meters planned drilling, consisting of 11 holes for a total of 2,198 meters. The eight holes within the Pelham Zone all intersected intervals from 10+ to 70 meters of strong pyrite veinlets and disseminations similar to that associated with high-grade mineralization in the previous two years of grades up to 8.4 g/t gold over 73.5m including 151.7 g/t gold over 3.0m . We look forward to receiving the assay results from Phase 1 drilling within the next several weeks and will re-commence dril...

Go Metals Corp. is pleased to report multiple titanium-vanadium-bearing massive oxides occurrences from the reconnaissance program at the KM98 critical metals project. The property is 35 kilometres north of the Lac Tio Mine on the Côte-Nord of Québec. Scott Sheldon, CEO of Go Metals states, "We are seeing very encouraging critical minerals values at surface within all the anomalies at the greenfield KM98 project. Both vanadium and titanium values are in line with globally significant vanadium and titanium bearing magnetite projects like the Blackrock and Lac Dore deposits in Chibougamau." Figure 1: Southern anomaly at KM98 with vanadium and titanium occurrences To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5946/219884_90969aa...

The uranium market is experiencing a remarkable resurgence as global energy strategies shift toward cleaner, more sustainable sources. Projected to reach $11.38 billion by 2030, the uranium sector is set to grow at an annual rate of over 5%, driven by increased reliance on nuclear energy and heightened climate goals. The rise in demand is fueled by major economies expanding their nuclear power capacities to cut carbon emissions and secure energy independence.
In North America, this growth is evident as both established and new players in the uranium mining sector seek to meet the increasing global demand. This dynamic environment presents numerous opportunities for companies to explore and develop new uranium resources. As the market evolves, the focus now turns to how emerging companies a...

Classification of Sphene Capital GmbH to Newfield Resources Ltd. Company Name: Newfield Resources Ltd. ISIN: AU000000NWF9 Reason for the research: Initiation of Coverage Recommendation: Buy from: 14.08.2024 Target price: AUD 0.47 Target price on sight of: 36 months Last rating change: - Analyst: Peter Thilo Hasler, CEFA A high-grade diamond mine with 8.3 mn carats We are initiating research coverage of Newfield with a Buy rating and a price target of AUD 0.47 per share , representing substantial upside from the current share price of AUD 0.14. Our price target is derived from the speculative diamond resources of its Tongo and Tonguma projects , for which we calculated a probability weighted discounted cash flow value. Other assets were not included in our valuation, represent...

Results from drill holes FL24-009 FL24-0010 & FL24-0020 include: DL FL24-009 confirmed 1.15% Li2O over 4.97 m and 1.52% Li2O over 5.02 m DL FL24-010 confirmed 1.10% Li2O over 9.88 m DL FL24-020 confirmed 0.80% Li2O over 9.05 m VANCOUVER, British Columbia, Aug. 14, 2024 -- Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, is pleased to announce positive results from completed 5,826-metre drilling campaign at its Zoro Lithium Property that was previously announced completed on May 23, 2023. The drilling program targeted untested mineralization at depth, south-east of Dyke 1, the Company's maiden inferred resource of 1,074,567 tons at a grade of 0.91% Li2O, with a cut-off of 0.3%, as outlined in the Company's filed Regulation S...