Infinitum Copper Corp. is pleased to announce a private placement to raise gross proceeds of up to C$450,000 through the issue of up to 22,500,000 units of the Company at a price of C$0.02 per Unit . Each Unit will be comprised of one common share of the Company and one Common Share purchase warrant , with each Warrant entitling the holder thereof to purchase one additional Common Share at a price of C$0.03 per Common Share for a period of 24 months following the closing date of the Offering. The Company intends to use the net proceeds of the Offering for the establishment of mining operations at the La Adelita project and general corporate purposes. "We are looking forward to commencing mining operations at La Adelita. Not only will this provide a revenue stream for the comp...

Paris, 4 March 2024, 6:00 p.m. PRESS RELEASE Conversion of SLN's debt to strengthen Eramet's balance sheet Following discussions over the last weeks, the French State and Eramet have reached an agreement regarding the treatment of SLN's existing debt. This agreement will neutralize SLN's debt impact on the Group's consolidated accounts. It includes the following provisions: The French State and Eramet have jointly decided to convert their existing loans to SLN into a quasi-equity instrument; The French State's existing €320m loans to SLN, currently consolidated as debt in the Group's accounts, will thus be converted into quasi-equity, comparable in accounting terms to equity in Eramet's consolidated accounts; Eramet will similarly convert the existing intra-group debt of €325m us...

VANCOUVER, BC, March 4, 2024 /CNW/ - The following issues have been halted by CIRO Company: Trifecta Gold Ltd. TSX-Venture Symbol: TG All Issues: Yes Reason: Pending Company Contact Halt Time : 11:45 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 ca...

Galiano Gold is pleased to announce the successful completion of the previously announced acquisition of Gold Fields Group Ltd.'s 45% interest in the Asanko Gold Mine. Galiano is establishing itself as a growing gold producer with robust financial strength, owning and operating one of the largest gold mines in West Africa. Pursuant to the Acquisition, Galiano has issued to Gold Fields 28.5 million common shares , resulting in Gold Fields owning 19.9% of Galiano's issued and outstanding shares, and will also provide future deferred and contingent consideration of up to $85 million. Gold Fields has also received $65 million in cash, equivalent to its effective interest in the cash balance of the joint venture and retained a 1% net smelter return royalty capped at 447,000 ...

Quadro Resources Ltd. is pleased to provide a summary of events and activities for 2023 as well as plans for 2024. 2023 SUMMARY In late 2022, and continuing throughout 2023, the Company faced formidable setbacks that disrupted its planned exploration programs and which were not resolved until the end of 2023. These setbacks significantly impacted the Company's ability to continue exploration on its Long Lake project in Central Newfoundland. The root cause of these disruptions was the cancellation of four of the Company's Long Lake claims in Central Newfoundland . These cancellations resulted in the Company being unable from exploring and developing these claims while it argued its case before the Newfoundland Mineral Rights Adjudication Board to have the claims reinstated. Th...

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Bayhorse Silver Inc., reports Strong Mag results from the recently completed Geotech Ltd. helicopter-borne VTEM and Horizontal Magnetic Gradiometer Geophysical Survey over its Bayhorse Silver Mine Property in Oregon and Idaho, USA. The Company is pleased to report the presence of three significant magnetic anomalies, within an area 1.8 km by 1.2 km in the northern section of the property from where the "Low Resistivity" signatures were announced in the southeast section of the Idaho property , . There are possibly two different mineralized targets on the newly acquired Idaho claims. A Bayhorse Mine style silver rich massive sulphide target related to the strong magnetic signatures and a possibly Hercules Silver-type copper porphyry target marked by the strong minimal Resistiv...

Stelmine Canada is currently planning its summer 2024 work program. This year, a first exploration phase will be performed on three new properties. The Atanau, Nikan and Mishtik properties are situated in a territory where several Au, Ag, Zn and Cu showings were discovered notably by Osisko James Bay and Virginia Mines. The region is presently undergoing a resurgence in mining exploration searching for critical metals. The new program defined by Stelmine confirms the resolve to diversify its project portfolio to include strategic metals assets. The properties consisting of 228 claims are located in the Ashuanipi subprovince, 50 km north of the Mercator property. The proposed exploration program will involve prospection traverses and systematic sam...

Trigon Metals Inc. is pleased to announce the results of the feasibility study undertaken on its Kombat Asis West underground mine in Namibia . The Feasibility Study was prepared by SRK Consulting South Africa Ltd in accordance with Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240304321945/en/ Figure 1: Location of Kombat Mine The Feasibility Study incorporates both the currently operational open pit mine at Kombat as well as the restart of the historic Asis West underground mine. Please note that all financial figures in this press release are in United States dollars, unless otherwise noted. Highlights ...

The release issued this morning has been corrected and replaced due to an update. Falcon Gold Corp. ; is pleased to announce that the Company has received drill permit approval to conduct a diamond drilling program at its Great Burnt Copper Project in central Newfoundland. The Company initially plans to test up to ten geophysical anomalies with a maximum of 1100 metres of drilling. The Company will provide further guidance on an estimated drill start date once logistics for the program are determined and service providers are confirmed. Mr. Karim Rayani, Chief Executive Officer, commented, "We are extremely pleased to have been able to expand our footprint in the Great Burnt Copper District. This property will be explored for its potential to host orogenic gold and copper-bea...

Sylla Gold Corp. is pleased to announce that it has entered into a share purchase agreement with Namibia Critical Metals Inc. to acquire four gold prospective properties encompassing 2,788 square kilometers, located in Namibia within the Central Namibian Gold belt. Sylla is to acquire a 95% interest in NMI's Namibian subsidiary that own the rights, title and interest to Grootfontein, Erongo, Otjiwarongo, and Kaoko Licences . Regan Isenor, President and CEO of Sylla, commented, "the Company is very pleased to acquire such an extensive land package of prospective ground in a truly emerging gold district. The Central Namibian Gold Belt continues to produce world class gold operations as well as new discoveries and we're looking forward to unlocking the value in the...

Please replace the release with the following corrected version due to a revision to the "Biography - Astolfo Romero" section. The updated release reads: & SAFETY Sierra Metals Inc. is pleased to announce the appointment of Mr. Astolfo Romero as Vice President, Health & Safety effective March 1, 2024 replacing Mr. Felix Guerra who is retiring after a very successful career in the mining industry. Ernesto Balarezo, CEO of Sierra Metals, commented, "We are very excited to have Astolfo join Sierra. He brings a deep passion to the role where he will enhance the strong health and safety standards in place throughout the Company helping us achieve our aim to become best in class." Mr. Balarezo continues, "On behalf of everyone at Sierra, we'd like to thank Felix for all his hard work and dedicat...

Ucore Announces: Successfully separating holmium through lutetium from lanthanum through dysprosium on a scale of 1000s of liters and above the targeted purity of 99% with its RapidSX™ technology Demo Plant Completion of second DOD Project Milestone Ucore Rare Metals Inc. is pleased to report that it has completed the second milestone outlined in its US$4 million Other Transaction Agreement with the US Department of Defense at the Company's Commercialization and Demonstration Facility in Kingston, Ontario, utilizing its 52-Stage RapidSX™ Demonstration Plant for the separation of mixed heavy and light rare earth elements chemical concentrate feedstocks - i.e., mixed rare earth oxides and carbonates . Figure 1: Thousands of liters of separated rare earth chloride pro...