703,300 Ounces of High-Grade Gold; Greater than 2,000,000 Ounce Total Resource Mayo Lake Minerals Inc. is pleased to report on the progress of Mayo's and WestMountain Gold Inc.'s merger as described in Mayo's press release of August 17, 2023. The Letter of Intent as described in the press release outlined the proposed terms and conditions of a transaction pursuant to which Mayo and WestMountain plan to affect a three-cornered amalgamation of a wholly-owned subsidiary of Mayo and WestMountain that would result in Mayo indirectly acquiring all of the outstanding share capital of WestMountain . The amalgamated entity resulting from the Transaction will continue to carry on the combined operations of Mayo and WestMountain. The Transaction, which is contemplated for ...

i-80 Gold Corp. reports its operating and financial results for the year ended December 31, 2023. i-80's Consolidated Financial Statements , as well as i-80's Management's Discussion and Analysis of Operations and Financial Condition for the year ended December 31, 2023, are available on the Company's website at www.i80gold.com, on SEDAR at www.sedarplus.ca, and on EDGAR at www.sec.gov. Unless otherwise stated, all amounts referred to herein are in U.S. dollars . 2023 Fourth Quarter Highlights Gold sales of 3,350 ounces at a realized gold price of $1,996 per ounce. 61,223 tons of mineralized material sold for total revenues of $19.0 million. December 31, 2023 cash balance of $16.3 million and $44.5 million in restricted cash. Continued drilling of polymetallic mineralization ...

TSXV:ARTG Artemis Gold Inc. has filed its annual financial results for the year ended December 31, 2023. The Company's consolidated financial statements and management's discussion and analysis for the year ended December 31, 2023 are available on the Company's profile on SEDAR+ and on the Company's website . About Artemis Gold Artemis Gold is a well-financed, growth-oriented gold development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The Company's current focus is construction of the Blackwater Mine in central British Columbia, approximately 160km southwest of Prince George and 450km northeast of Vancouver. The project is one of the ...

Oberon Uranium Corp. is pleased to announce that, further to its news release dated March 1, 2024, it has closed the sale of its Element 92 Uranium Property, comprised of a single Saskatchewan mineral claim number covering 5,961 hectares located in northern Saskatchewan, Canada, on the southern end of the Athabasca region . Pursuant to a property purchase and sale agreement dated March 1, 2024 with Forty Pillars Mining Corp. , as consideration for the Property Forty Pillars paid to Oberon $10,000 in cash and issued 2,000,000 common shares of Forty Pillars at a deemed price of $0.07 per Share, representing aggregate Share consideration of $140,000. The Shares are subject to a four month hold period in accordance with applicable securities laws. Following closing ...

Raiden Resources Ltd. is pleased to announce that it has secured an archaeological/anthropological heritage survey, with the Ngarluma Aboriginal Corporation , over its Andover North Project area . Highlights - The Company has secured a heritage survey for the Andover North Lithium Project - Heritage Survey scheduled to commence 2nd April 2024 - The survey will focus on the areas interpreted to be underlain by the Andover complex ultramafic rocks, which host Azure Mineral's lithium deposit2 and defined spodumene bearing pegmatites on Raiden's Andover South project - Program will commence immediately after the completion of the survey over Andover South priority areas; and - On completion of the survey, the Company will aim to commence with an air core drilling campaign in orde...

The Directors of Labrador Iron Ore Royalty Corp. declared today a quarterly cash dividend of $0.45 per Common Share. The dividend is payable to holders of record at the close of business on March 28, 2024 and is to be paid on April 26, 2024. About Labrador Iron Ore Royalty Corporation The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty on all iron ore products produced, sold and shipped by IOC and a 10 cent per tonne commission on all iron ore products produced and sold by IOC. SOURCE Labrador Iron Ore Royalty Corp. Contact John F. Tuer, President & Chief Executive Officer, 362-0066, E-mail- investor.relations@labradorironore.com...

Corsa Coal Corp. , a premium quality metallurgical coal producer, today reported financial results for the three months and year ended December 31, 2023. Corsa has filed its audited consolidated financial statements for the years ended December 31, 2023 and 2022, related management's discussion and analysis and its annual information form under its profile on www.sedarplus.ca. Unless otherwise noted, all dollar amounts in this news release are expressed in United States dollars and all ton amounts are short tons . Pricing and cost per ton information is expressed on a free-on-board , mine site basis, unless otherwise noted. Fourth Quarter and Full Year 2023 Highlights Key financial results and operational statistics are shown below: For the three months ended For the years en...

Canadian Critical Minerals Inc. is pleased to report that it has received additional 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 February 2024, the Company trucked 897 wet metric tonnes of mineralized material to New Afton under an Ore Purchase Agreement and the Company received a provisional payment of approximately US$66,000 for the February shipments. To-date the Company has trucked 977 wmt of mineralized material from the BRM to New Afton. The Company temporarily suspended trucking following the imposition of road restrictions in the last week of February. Road restrictions to 70% of normal loads has a negative impact on the economies of trucking. T...

Desert Mountain Energy was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and other documents as set out in its news release of Jan 30, 2024. At this time, the Company is continuing to work on the Required Filings and has no further information on this matter. The Company still anticipates that it will be in a position to remedy the default by filing the Required Filings no later than March 29, 2024. The MCTO will be in effect until the Required Filings are filed. ABOUT DESERT MOUNTAIN ENERGY Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen, natural gas and conde...

Astra Exploration Inc. is providing the following update on the private placement financing previously announced on January 18, 2024. The Company expects to close the financing on or before April 10, 2024. The proceeds will be used for exploration activities on Astra's flagship Pampa Paciencia project in Northern Chile and for general working capital. About Pampa Paciencia Pampa Paciencia is a 3,840 hectare road-access project hosting a large low sulphidation epithermal gold-silver system and large porphyry copper target located in one of the most important mining jurisdictions in the world - less than 15 kilometres from two major mines and about five kilometres from the Faride LSE mine. Astra has completed drilling, mapping and sampling, geophysical surveys, and localized tr...

ABIDJAN, Côte d'Ivoire, March 12, 2024 /CNW/ - Montage Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement, pursuant to which the Company sold an aggregate of 50,300,000 common shares of the Company at a price of C$0.70 per Common Share for gross proceeds of approximately C$35.2 million , which was upsized from C$20.0 million. Martino De Ciccio, CEO of Montage Gold, commented, "We are very pleased with the strong investor demand received for our upsized non-brokered private placement, led by a significant investment from the Lundin Family along with notable investments from directors and officers of Montage. We look forward to progressing our strategy of building a premier multi-asset African gold producer, with our Kon...

Dixie Gold Inc. announces that it intends to conduct a non-brokered private placement to raise capital, as further set by the parameters of its market-traded price. The Corporation intends to conduct a non-brokered common share unit financing consisting of up to 5,000,000 common share units to be issued at a price of $0.05 per Unit. Each Unit will consist of one common share of the Corporation and one common share purchase warrant that entitles the holder of a Warrant, upon further payment to the Corporation, to acquire one additional common share of the Corporation at an exercise price of $0.05 per Warrant Share on any date prior to the date which is 60 months following the closing date of the Financing or tranche thereunder. The Corporation intends to use the proceeds o...

Wesdome Gold Mines Ltd. today announces its results for the fourth quarter and year ended December 31, 2023. The Company is also providing its updated Mineral Reserve and Resource statements. Preliminary operating results for the fourth quarter and year ended 2023 as well as multi-year production and operating guidance were disclosed on January 15, 2024. Management will host a conference call tomorrow, Wednesday March 13 at 10:00 a.m. Eastern time to discuss the results. All figures are expressed in Canadian dollars unless otherwise indicated. Fourth Quarter and Full Year 2023 Highlights Gold production in the fourth quarter was 36,216 ounces at cash costs of $1,451 per ounce1 and all-in sustaining costs of $2,082 per ounce1 . For the full year 2023, gold production was 123,33...