Further to its news release dated February 26, 2024, Collective Mining Ltd. is pleased to announce the closing of a strategic investment by a single purchaser on a non-brokered private placement basis consisting of the sale of 4,500,000 units , at a price of $4.20 per Unit for gross proceeds of C$18.9 million. Each Unit was comprised of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one Common Share , subject to standard anti-dilution provisions, at a price of $5.01 per Warrant Share exercisable until 5:00 p.m. on the date that is 36 months following the closing date of the Offering , provided, however, that should the closing price at which the Common Shares trade equal or exceed $6....

Following an extensive location selection process, Rock Tech has selected the former Norampac Paper Mill site in Red Rock as the location to develop Ontario's first Lithium Refinery . Rock Tech and the BMI Group signed a binding Cooperation Agreement outlining a long-term lease for the Converter location and a CAD 5.5mn investment by the BMI Group into the Project. With Rock Tech's unparalleled expertise gained through the successful development of Europe's first Lithium Converter in Germany, Red Rock is positioned to become Canada's premier lithium refining destination. Rock Tech Lithium Inc. and the BMI Group are pleased to announce the signing of a Cooperation Agreement . The Agreement bindingly confirms the parties' plans to enter into a long-term lease contract for the l...

The drill program will double in size to 4,000 metres Three new target areas will be added Baselode is seeking another grassroots discovery on Catharsis Early drilling has encountered anomalous radioactivity, strong alteration, and encouraging redox-style alteration within brittle structures Baselode Energy Corp. is pleased to announce that it will increase the ongoing drill program on the Catharsis uranium project to 4,000 metres. Early drilling has shown encouraging signs that warrant the additional investment. "Our first drill hole of this program intersected anomalous radioactivity* within a structural corridor at a favourable lithologic contact. These are important similarities with other uranium deposits. Subsequent drill holes followed the radioactivity up-dip and inte...

EDM Resources Inc. is pleased to provide the following update on the Company's current exploration activities at its Eastville base metals prospect in eastern Nova Scotia, Canada. The group of licenses within its Eastville prospect is comprised of 18 contiguous claims and is strategically located approximately 50 kilometres from the Company's flagship Scotia Mine property. Resourceful Geoscience Solutions Inc. of Halifax, Nova Scotia, Canada recently completed a program to relog 16 historical diamond drill holes located across the Company's claims, totalling 2,276m. This data, along with newly digitized historical assay certificates, were used to create mineralization and lithology models of the Eastville Prospect, as well as evaluate the potential opportunity for further dril...

Prismo Metals Inc. is pleased to announce engaging Exploration Technologies Inc. from San Diego, California to apply xFlare, their Artificial Intelligence -Optimized drill planning solution, to its Hot Breccia Project where a number of features suggests well mineralized Arizona-style Copper Porphyry lies at depth. The xFlare AI approach is specifically designed to combine surface geology and drilling results with computationally intensive remodeling of existing geophysical datasets to optimize targeting of covered targets. The process quickly generates thousands of solutions that cluster on the best fits between the geological and geophysical data and then generates drillhole trajectories designed to cut those clusters most effectively. Dr. Craig Gibson, President and CEO of ...

Turmalina Metals Corp. is pleased to announce a non-brokered private placement of up to 15,000,000 units of the Company at a price of $0.10 per Unit , for aggregate gross proceeds of up to $1,500,000. Each Unit will be comprised of one common share in the capital of the Company and one Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional share at a price of $0.15 per Warrant Share for a period of 24 months from the closing date of the Offering. The securities under the Offering will be subject to restrictions on resale expiring four months and day after issue. The Company may pay registered finders a fee in cash and/or share purchase warrants. The Company intends to use the net proceeds to satisfy ongoing costs associated with its pr...

Mundoro Capital Inc. is pleased to announce that 2023 marked a year of significant transition and advancement for the Company. Throughout the year, we successfully managed extensive field programs for four partners across ten projects in three countries and two continents. The Company's partner-funded programs amounted to substantial exploration expenditures of approximately $14 million, advancing numerous targets over multiple projects to drill-ready phase, and demonstrating our commitment to advancing this project portfolio. In Arizona, the collaborative efforts have led to the identification of several drill targets on our Dos Cabezas and Picacho projects. In Serbia, exploration included conducting extensive geophysical surveys over greenfield prospects and defining numero...

Newmont Corp. and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont announced today that they have commenced a private offering of their notes due 2026 and notes due 2034 . The Notes will be guaranteed on an unsecured senior basis by Newmont USA Limited, a wholly owned subsidiary of Newmont. The Issuers intend to use a portion of the net proceeds from the Offering to repay all outstanding borrowings under the Company's revolving credit facility, with the remaining proceeds for general corporate purposes. The Company previously used borrowings under its revolving credit facility, along with cash on hand, to repay approximately US$1.9 billion aggregate principal amount of bilateral credit debt acquired by Newmont as part of its acquisition of [wp=218]Newcrest Min...

First Phosphate Corp. is pleased to have recently received a mining research and innovation grant from the Quebec Ministry of Natural Resources and Forestry . The grant provides financial support to the Company in the way of $315,236 to continue mineralogical study on its apatite, ilmenite and magnetite concentrates. The project also includes the processing of the Company's mine tailings for re-use in the cement construction industry. "We are grateful to the Quebec Ministry of Natural Resources and Forests for this funding as we continue to build strong relationships with Quebec-based government bodies and institutions," said Company CEO, John Passalacqua. The Company's objective is to see the development of a lithium iron phosphate battery valley in the Saguenay-Lac-St-Jean ...

Highlights Plan to advance the four primary projects, the Ear Falls Spodumene, the Victory Spodumene, the Cosgrave Lake, and the Wisa Lake Projects with diamond drilling and advanced mapping and sampling programs to delineate more targets for mechanical stripping and further diamond drilling. Permitting activities include the submission of the exploration permits for the Ear Falls and the Victory Projects which exploration permit applications have now entered the public review and comment period of 30 days. Further Joint Venture and Option discussions with other interested parties for other promising lithium projects outlined by 2023 exploration data. Beyond Lithium Inc. , the largest greenfield lithium portfolio explorer in Ontario with projects across the province located i...

Ashley Gold has signed a non-binding Letter of Intent to enter into an Option Agreement for the 100% acquisition of the Sahara Uranium-Vanadium Property. The property is located 12 miles away from the town of Green River, Utah where Western Uranium and Vanadium is in the process of permitting a processing facility for its San Rafael and Sunday Mine complex resources as well as third party processing. First ore processing for the facility is expected in 2026. The Company is looking to rapidly advance the asset to provide future feed to the new proposed processing facility. Highlights LOI to earn 100% of Property over 5 years Over 900 historical drillholes most with data 12 miles from WUC's Green River Mill slated for...

Tower Resources Ltd. is pleased to report that its exploration permit for its 100% owned Rabbit North and West Afton property, spanning 17,526 hectares, has been renewed for 5-years. Situated strategically 14 km southwest of the New Afton copper and gold mine and 27 km northeast of the Highland Valley copper mine , the Rabbit North project offers exceptional exploration potential. Furthermore, the Kamloops region has an experienced workforce and infrastructure that facilitates year-round exploration. Since 2021, Tower Resources has conducted testing and drilling in previously unexplored areas, revealing three distinct zones: the Lightning zone, Thunder North and South zone, and the Rainbow zone. Despite drilling only 6,728 meters to date, the company has made remarkable progr...

ArcWest Exploration Inc. is pleased to report results from the Company's comprehensive 2023 exploration program at its Todd Creek copper-gold project, located in BC's Golden Triangle . ArcWest's 100% owned, 32,000 hectare Todd Creek project adjoins Newmont Corporation's recently acquired Brucejack Gold Mine property, one of the highest-grade operating gold mines in the world, and is located approximately 40 km southeast of Seabridge Gold's KSM-Iron Cap Cu-Au deposits, which are one of the largest Au-Cu concentrations in North America. The 2023 Todd Creek exploration program , with an approved expenditure of up to $2.8 million, was funded by Freeport-McMoRan Mineral Properties Canada Inc. , as per an earn-in agreement announced March 10th, 2023. An updated technical presentati...