Nord Precious Metals Mining Inc. has commenced the testing of the Historic Beaver Mine Tailings in Coleman Township. These are stamp mill tailings and are coarser in grain size and may contain fine native silver. The tailings have been sampled by sonic drilling and have been found to contain silver grades of up to 314 grams per tonne silver with an average grade of 79 grams per tonne silver. Beaver Mine Metallurgical Testing Program Highlights: Gravity testing using single-step processing Up-grading silver gravity concentrate Running closed-loop tests to maximize water recycling Following the production of the gravity concentrates, the Company will source out potential buyers of silver gravity concentrate. The emphasis will be on maximizing silver recovery to payables from th...

AuMega Metals Ltd. is pleased to announce the closing of the second and final closing of its previously announced financing following shareholder approval at the Company's Special Shareholder Meeting on 4 December 2024. Under the Tranche Two Placement, the Company issued an aggregate of 128,035,776 ordinary shares to institutional, professional and accredited investors for aggregate gross proceeds of C$7.3 million, consisting of: Hard Dollars: 65,236,111 New Shares at a price of C$0.050/A$0.054 per share; and Flow Through: Constituting as "flow-through shares" as defined in subsection 66 of the Income Tax Act as follows: Traditional Flow Through: 34,299,666 New Shares at a price of C$0.06/A$0.065 per share Premium Flow Through: 28,500,000 New Shares at a premium flow through ...

Standard Form TR-1 Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS i 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Kenmare Resources plc 2. Reason for the notification : [] An acquisition or disposal of voting rights [ ] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights [ ] Other iii: 3. Details of person subject to the notification obligationiv : Name: FIL Limited City and country of registered office : Pembroke, Bermuda 4. Full name of shareholder v: 5. Date on which the threshold was crossed or reachedvi: 06th of December 2024 6. Date on which issuer notified: 10th of December 2024 7. Threshold that is/are crossed or reached: ...

Bulgold Inc. announces that the TSX Venture Exchange has approved the extension of the expiry dates of a total of 3,683,413 common share purchase warrants , which were issued as part of the private placement of the Company on June 23, 2023 and July 7, 2023. The Warrants were originally set to expire on December 23, 2024 and will now expire on June 23, 2028. Holders of Warrants will not receive an amended Warrant certificate. Each Warrant is exercisable to purchase one share in the capital of the Company at an exercise price of CAD$0.40. A portion of the Warrants are held by insiders who are considered to be "related parties" of the Company. Therefore, the amendment of Warrants constitutes a "related party transaction" under Multilateral Instrument 61-101 Protection of Minorit...

VANCOUVER, BC, Dec. 10, 2024 /CNW/ - Trading resumes in: Company: Borealis Mining Company Ltd. TSX-Venture Symbol: BOGO All Issues: Yes Resumption : 10:30 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.ciro.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specific ...

VANCOUVER, BC, Dec. 10, 2024 /CNW/ - Trading resumes in: Company: Gold Bull Resources Corp. TSX-Venture Symbol: GBRC All Issues: Yes Resumption : 10:30 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.ciro.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specific hal...

Masivo Silver Corp. is pleased to announce that it has finished the drilling of hole No.7 at 165.5 feet with the objective of testing of the strong historical IP anomalies that are interpreted to reflect sulfide mineralization that is part of the skarn mineralization at the Boston Mine. The company is very pleased to have finished drilling for the year 2024 and is looking forward to assay results to determine and design a phase II exploration drilling campaign for the year 2025. Results from the first drill hole indicate that Masivo's geological model and projected target zones appear to be accurate. Hole No. 1 encountered two projected mineralized zones. Significant drill intercepts include 55 feet of 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag starting at 65 feet down hole. Per ...

Rupert Resources Ltd. today announces that it is changing its fiscal year-end from end-February to end-December. The Company is changing its financial year-end to better align the Company's financial statement and continuous disclosure requirements with its industry peers, as well as its other external reporting obligations, including sustainability reporting. As a result, the Company expects to file its annual disclosures in late March 2025 for the 10 months ended December 31, 2024, including audited financial statements and in accordance with National Instrument 51-102 - Continuous Disclosure Obligations . Further details regarding the change in fiscal year-end, including the Company's interim reporting procedures, will be available in the Company's Notice of Change of Fina...

Gold Bull Resources Corp. and Borealis Mining Company Ltd. are very pleased to announce that they have entered into a definitive agreement signed on December 9th, 2024 whereby Borealis will acquire all of the issued and outstanding shares of Gold Bull pursuant to a plan of arrangement , adding high-margin ounces in Nevada to Borealis' future gold production profile on its goal to become a mid-tier gold producer. Transaction Highlights Transaction delivers Borealis shareholders a highly advanced and robust Nevada gold project with a low capex and extremely high IRR and NPV, particularly at today's gold prices, that adds to Borealis' future production profile. Transaction delivers Gold Bull shareholders a significant premium with an acquisition price of approximat...

Argo Gold Inc.'s. October 2024 oil production was a total of 3,651 barrels for the month, averaging 118 barrels per day. Oil prices averaged CDN$71 per barrel and Argo's October oil revenue was $258,369 and net operating cash flow was $170,041. October 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 80 bbl/day 30 bbl/day $65,798 $38,385 Lloyd 1 162 bbl/day 30 bbl/day $66,742 $42,459 Lindbergh 2 62 bbl/day 23 bbl/day $51,362 $34,390 Lloyd 2 151 bbl/day 28 bbl/day $62,245 $49,352 Lindbergh 3 30 bbl/day 6 bbl/day $12,222 $5,455 October 2024 Total 118 bbl/day $258,369 $170,041 Lindbergh 3 came on production in late October. Lloyd 2 produced about 8,000 barrels from mid-September through until late October when the horizontal well ...

HIGHLIGHTS Novo strengthens its high-quality, Australian based exploration portfolio by securing a significant new ground position of approximately 1,520 sq km at the Toolunga Project in the Onslow District of Western Australia via: A binding term sheet granting Novo an option to acquire a 70% interest in OD4 Rocklea Pty Ltd's Cane River Project. Direct pegging by Novo of 6 new exploration licenses . The Toolunga Project is underexplored with prospectivity for precious and base metal discovery and aligns with Novo's exploration strategy of exploring for targets with > 1 Moz Au potential. The district has geochemical signatures of Intrusion Related Gold , porphyry, Iron Oxide Copper Gold and related deposit styles , with some affinities to the same aged Tennant Creek District. The consol...

VANCOUVER, BC, Dec. 10, 2024 /CNW/ - The following issues have been halted by CIRO Company: Gold Bull Resources Corp. TSX-Venture Symbol: GBRC All Issues: Yes Reason: Pending News Halt Time : 9:10 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.ciro.ca under the Markets tab. Please note that CIRO staff cannot...

Bayhorse Silver Inc., announces that underground diamond drilling is underway beneath the Company's silver/copper/antimony rich Bayhorse Silver Mine in Oregon, USA. Diamond drilling is targeting the large low-resistivity anomaly that lies beneath the silver/copper/antimony rich bearing rhyolite at the Bayhorse Silver Mine. The 1.5 +km anomaly appears to have a vertical extent of 500 m from 600 m above sea level to 100 m above sea level and a width of up to 100 m . The Company anticipates good drilling ground for a large portion of the drill hole, estimating at least +/- 30 meters of drill core per shift, intersecting the top of the anomaly 150 m down hole with a projected termination depth of 257 m at the east side of the anomaly. Antimony - In addition to its high Silver/Cop...