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...

News Release Highlights: A five-year area-based exploration permit has been approved Twenty surficial drill holes of 300 meters each have been approved for 2024 A 3,999 tonne bulk sampling program has been approved Multiple trenches have been approved Green River Gold Corp. is pleased to announce the application to expand mineral exploration activities at the Company's 100% owned Quesnel Nickel Project has been approved. About Green River Gold Corp's Exploration Plan The Company's mineral exploration permit has been approved for 5 years, valid until Feb 28, 2029. The exploration team will first target Zone 1 with infill drilling to complete an NI 43-101 compliant resource estimate. The trenching and bulk sampling will be undertaken to obtain samples for metallurgical, mineral...

Cleveland-Cliffs Inc. announced today the commencement of a tender offer to purchase , subject to certain terms and conditions, any and all of its outstanding 6.750% Senior Secured Notes due 2026 , at the price set forth below. The Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on March 13, 2024 , unless extended or earlier terminated by the Company. The Tender Offer is being made pursuant to an Offer to Purchase and related Notice of Guaranteed Delivery, each dated March 4, 2024 , which set forth a more detailed description of the terms and conditions of the Tender Offer. Holders of the Notes are urged to carefully read the Tender Offer Materials before making any decision with respect to the Tender Offer. The following table sets forth certain terms of...

Northern Graphite is pleased to announce a rebrand to reflect its unique position as North America's only graphite producer and its strategy to evolve into a vertically integrated mine-to-market-to-battery company. The Company's new brand comes with the recent launch of its dedicated Battery Minerals Group to redefine carbon material solutions for industrial markets and meet the growing needs of Western markets for battery anode material. "Our new brand reflects the ambitious journey we began nearly two years ago to redefine Northern from a graphite producer to a fully integrated, mine-to-market-to-battery company," said Chief Executive Officer Hugues Jacquemin. "We have turned the page. Our role today extends well beyond mining and extraction. We are a technology compa...

Cleveland-Cliffs Inc. announced today that it intends to offer to sell, subject to market and other conditions, $750 million aggregate principal amount of senior unsecured guaranteed notes due 2032 in an offering that is exempt from the registration requirements of the Securities Act of 1933 . The Notes will be guaranteed on a senior unsecured basis by the Company's material direct and indirect wholly-owned domestic subsidiaries, other than certain excluded subsidiaries. The Company intends to use the net proceeds from the Notes, along with liquidity on hand, to repurchase in a tender offer or otherwise redeem all of the Company's outstanding 6.750% Senior Secured Notes due 2026 . This news release does not constitute a notice of redemption with respect to the Secured Notes or...