Kobrea Exploration is pleased to announce that it intends to undertake a non-brokered private placement to raise gross proceeds of up to $1,500,000 through the issuance of a combination of hard-dollar units and common shares issued on a flow-through basis pursuant to the Income Tax Act. Under the proposed Private Placement, the Company intends to offer up to 4,000,000 HDUs at $0.25 per HDU, for gross proceeds of up to $1,000,000, and up to 1,515,151 FT Shares at $0.33 per FT Share, for gross proceeds of up to $500,000. Each HDU will be composed of one (1) common share of the Company and one-half of one (1/2) common share purchase warrant, with each Warrant entitling the holder thereof to purchase one Common Share at a price of $0.50 for a

Argo Gold Inc.'s. January 2024 oil production was a total of 3622 barrels for the month, averaging 117 barrels per day. Oil prices averaged CDN$59.23 per barrel and Argo's January oil revenue was $214,537 and net operating cash flow was $124,483. January 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 108 bbl/day 40.4 bbl/day $72,973 $40,281 Lloyd 207 bbl/day 39 bbl/day $74,398 $49,606 Lindbergh 2 100 bbl/day 37.4 bbl/day $67,166 $34,606 About Argo Gold Argo Gold is a Canadian mineral exploration and development company. Information on Argo Gold can be obtained from SEDAR at www.sedarplus.ca and on Argo Gold's website at www.argogold.com. Argo Gold is listed on the Canadian Securities Exchange . Judy Baker, CEO 786-7860 jbaker...

Westhaven Gold Corp. is pleased to announce that it has closed Tranche 1 of the non-brokered private placement announced on February 20, 2024. The Company issued a total of 6,915,313 common shares that qualify as "flow-through shares" of the Company for the purposes of the Income Tax Act at a price of C$0.23 per FT Common Share for aggregate gross proceeds of $1,590,522. Proceeds from the Offering will be used to incur "Canadian exploration expenses" ) related to Westhaven's projects in British Columbia, Canada. The Company will renounce these expenses to the purchasers of the FT Shares with an effective date of no later than December 31, 2024. Westhaven is preparing to resume drilling on its 17,623-hectare Shovelnose gold property in the next 7 days. Shovelnose is located wi...

Panoro Minerals Ltd. announces that it has received approximately CA $2.7M from Calisto Cobre Resources Corp. as per terms of the Company's sale in December 2021 of 90% of the shares of Antilla Copper S.A., a former wholly owned subsidiary of Panoro, to Calisto. As disclosed in its August 8, 2023 news release, the Company received Payment #1 of $CA 10.0M on closing in December 2021 and in August 2023 agreed to amendments to the share purchase agreement and shareholders' agreement with Calisto that extended the timeline for receipt of the next payment, $CA 2.8M , to March 31, 2024. Pursuant to the Amended Agreements, the Company received an immediate payment of $CA 300,000 made towards the Second Payment. On March 4, 2024, Calisto paid a total of $CA 2.7M to Panoro consisting o...

RosCan Gold Corp. is pleased to announce that, further to its press releases of February 21, 2024 and March 6, 2024, the Company has closed the initial tranche of a non-brokered private placement through the issuance of an aggregate of CAD$1,000,000 principal amount secured subordinate promissory notes for gross proceeds of CAD$1,000,000 . Gross proceeds of the Offering will be used for general corporate and working capital purposes. The Notes bear interest at 12% per annum from the date of issuance and shall mature on September 11, 2024 . The Notes are convertible, in whole or in part, into common shares in the capital of the Company at a conversion price equal to CAD$0.11 per Common Share. The Note holders shall receive accrued and unpaid interest on the Note, paid in cash,...

Forum Energy Metals Corp. announces it has entered into an agreement with Investing News Network to provide an advertising and investor awareness campaign. The agreement is for a term of one year commencing March 1, 2024 and ending March 2, 2025. The cost of the campaign is $30,000 payable as to $15,000 on March 1, 2024 and $15,000 on September 1, 2024. The Company also announces that, in accordance with the Company's stock option plan, it has granted to a consultant incentive stock options to purchase up to an aggregate of 100,000 common shares exercisable on or before March 11, 2025 at a price of $0.15 per share. Forum Energy Metals Forum Energy Metals Corp. is focused on the discovery of high-grade unconformity-related uranium deposits in the Athabasca Basin, S...

In response to the announcement today by Aurion Resources Inc. , Rupert Resources Ltd. today confirmed that it is in preliminary discussions with B2Gold Corporation regarding the potential purchase of B2Gold's 70% interest in a joint venture between B2Gold and Aurion that has rights in respect of properties located near the Company's flagship Ikkari project in northern Finland . No definitive agreement has been entered into at this time, and there can be no assurance that any such agreement will be reached, that any such agreement will ultimately result in a completed transaction or that any of the expected objectives or outcomes will be realized. The Company intends to provide further updates as circumstances warrant and in accordance with applicable securities laws. About R...

79North Inc. has arranged to borrow money from certain shareholders including $5,000 from President and CEO Jon North, for a total, in aggregate, of $47,500 which funds will be used to settle invoices with certain contractors of the Company. The loans are being made on an unsecured basis and are evidenced by demand promissory notes . The Notes bear interest at a rate of 10% per annum until the full and final repayment of the principal amount is made. Jon North is a "related party" of the Company pursuant to Multilateral Instrument 61-101- Take Over bids and Special Transactions and as such, entering into a Note is a "related party transaction" within the meaning of MI 61-101. The Company is not required to obtain a formal valuation in connection with the Note and in accordanc...

Eric Sprott announces that, on March 9, 2024, 7,400,000 common share purchase warrants of Outcrop Silver & Gold Corp.., expired unexercised representing a decrease in holdings of approximately 5.0% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned 31,042,800 Shares and 19,400,000 Warrants representing approximately 12.2% of the outstanding Shares on a non-diluted basis and approximately 18.4% on a partially diluted basis assuming the exercise of such Warrants. As a result of the Warrant expiry, Mr. Sprott now beneficially owns 31,042,800 Shares and 12,000,000 Warrants representing approximately 12.2% of the outstanding Shares on a non-diluted basis ...

ST. JOHN'S, NL, March 11, 2024 /CNW/ - Aurion Resources Ltd. announces that it has received notice from B2Gold Corp. , informing the Company that B2Gold has received an offer, from Rupert Resources Ltd. to acquire B2Gold's 70% interest in the joint venture between B2Gold and Aurion , which owns properties located in the Central Lapland Greenstone Belt in northern Finland. The Notice of Sale and Offer indicates that B2Gold and Rupert have entered into a letter agreement in respect of the Offer whereby, as consideration for the Ownership Interest, Rupert will issue to B2Gold 28,644,111 common shares of Rupert, implying a total value of C$102.8 million , in exchange for B2Gold's 70% interest in the JV Company. The transaction is conditional upon execution of a definitive agreeme...

Abitibi Metals Corp. is pleased to provide an update on its maiden drill program currently underway at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 m is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. On Nov 16th, 2023, the Company entered into an option agreement on the B26 Deposit to earn 80% over 7 years from SOQUEM Inc.

Steadright Critical Minerals is pleased to announce that it is extending the non-brokered private placement financing for aggregate gross proceeds of C$500,000 from the sale of up to 3,500,000 units of the Company at $0.05 per unit as well as the sale a minimum of 6,000,000 and maximum of 6,500,000 common shares of the Company at $0.05 per common share. Closing of the Private Placement is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals. The net proceeds of the Private Placement are intended to be used to further exploration on the Company's properties and for w...

Core Nickel is pleased to announce mobilization of the drill crews and equipment as a part of the 2024 drill program on the Company's 100% owned Halfway Lake project. As announced on Feb 7, the program is expected to consist of ~1,000 metres of diamond drilling. The drill targets for the Company's winter drill program will focus on the southwestern part of the Project proximal to the historical W62 zone. Historical drilling from the 1960s in the W62 anomaly area intersected sulphidic sedimentary Pipe Formation rocks closely associated with ultramafic rocks. Drill hole W62-D intersected mineralized horizons; the main horizon contained 18.9 m at 0.68% Ni, including 3.05 m at 1.32% Ni, as referenced from the Manitoba Assessment file AR93558. The 2024 winter drilling campaign is planned to focus on the historical W62 Zone coincident with a magnetic anomaly identified from an airborne survey completed in 2021. In addition, the Company is planning to test a magnetic anomaly ~300 m along strike to the north of the W62 Zone