Dixie Gold Inc. reports legal event related to its previously announced transaction with ASX-listed Omnia Metals Group Ltd. under which Omnia made binding terms to acquire 100 per cent of the issued and outstanding common shares of the Corporation under written executed agreement dated October 24, 2023, and see the corresponding news release disclosures filed by the Corporation therewith . Filing of Statement of Claim The Corporation reports that it has filed a Statement of Claim against Omnia , as generally, without limitation, relates to the Agreement and the Takeover Transaction. The Claim was filed after market-close on March 1, 2024 at the Supreme Court of British Columbia , Court File No. VLC-S-S-241442. As more particularly set out, without ...

Elemental Altus Royalties Corp. reports preliminary annual revenue and preliminary adjusted revenue of approximately US$11.7 million and US$17.8 million respectively, 70% higher than 2022, and is the sixth successive year of record revenue for the Company. Preliminary adjusted revenue is above the Company's guidance set for 2023. 2023 Highlights Record preliminary adjusted 2023 revenue of US$17.8 million comprised of: US$11.7 million attributable royalty revenue; and US$6.1 million attributable revenue1 from the Caserones copper mine Record preliminary adjusted Q4 revenue of US$5.6 million comprised of: US$3.9 million attributable royalty revenue; and US$1.7 million attributable revenue1 from the Caserones copper mine Acquired two further existing royalties on the Caserones c...

Lion One Metals Ltd. is pleased to provide an update on ongoing operations at the company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Highlights: Mechanized mining commencing on Zone 2 stopes in the URW1 stockwork vein system. Airleg mining commencing on Zone 5 stopes at the UR2 and URW3 lode systems. Limited mechanized mining in Zone 5 scheduled to commence in April. Stope mining at Tuvatu scheduled to increase throughout March and April. Continuous gravity concentrator is commissioned and in operation. Intensive leach reactor is commissioned and in operation. First long hole drill is in operation conducting sludge hole drilling. Second long hole drill is on site undergoing commissioning. Tuvatu Operations Update The Tuvatu project is currently in the pilot plant stag...

Nine Mile Metals Ltd. is pleased to announce it has drilled a mineralized zone covering 134.0m in WD-24-02 at its initial Phase 1 drill program on its Wedge VMS Project in the world-famous Bathurst Mining Camp, New Brunswick . WD-24-02 HIGHLIGHTS: The hole was collared on the northeast flank of the Wedge Deposit and drilled at an azimuth of 160 degrees and a dip of - 50 degrees to a depth of 219 meters. From recently acquired Cominco Data, the subsurface was not mined. The main host is pyritic Volcanogenic Massive Sulphide with visible chalcopyrite. Copper mineralization first appears at 39.6 meters and continued down the hole with numerous secondary zones of VMS mineralization identified. High grade zinc was intersected in addition to copper. Nine Mile completed an XRF Analy...

A.I.S. Resources Ltd. is pleased to announce that the Company has reached an agreement with American Salars Lithium Inc., on an option agreement on the Candela II Lithium Brine Project located in the Incahuasi Salar, Salta Province, Argentina . The Candela II Lithium Brine Project contains a NI 43-101 inferred mineral resource estimate of 86,000 tonnes of lithium metal, equating to 457,000 tonnes of in-situ lithium carbonate equivalent. Current lithium carbonate spot prices are in excess of CAD $22,000/tonne. American Salars may exercise the Option, over a 5-year period, to earn a 100% ownership interest in Spey Resources Argentina S.A., by making cash payments totalling CAD $2,447,500 and issuing 6,600,000 shares at a deemed price of $0.30 per share. AIS holds a 20% equity i...

Vortex Energy Corp. is pleased to announce that it intends to complete a non-brokered charity flow through private placement of 2,441,178 common shares of the Company at a price of $0.34 per CS for aggregate gross proceeds of approximately $830,000.52 . The CS issued under the FT Offering are intended to qualify as "flow through shares" within the meaning of the Income Tax Act . The gross proceeds of the FT Offering will be used by the Company to incur eligible "Canadian exploration expenses" that are intended to qualify as "flow-through mining expenditures," as such terms are defined in the Tax Act related to the Company's Robinsons River Salt Project. Subject to compliance with the policies of the Canadian Securities Exchange and applicable securities legislation, the Compa...

Pan American Energy Corp. is pleased to announce it has partnered with the University of Nevada, Reno for comprehensive metallurgical testing on sedimentary and hard rock samples provided by the Company. The Company will provide lithium bearing core samples to the Sustainable Mining Laboratory at UNR from the Big Mack Lithium Project , located approximately 80 km north of the town of Kenora, Ontario, and the Horizon Lithium Project , located in the Big Smoky Valley, Esmeralda County, Nevada. The Company expects to use the findings generated from the comprehensive metallurgical testing completed by UNR in the development of the previously announced Preliminary Economic Assessment for the Horizon Project, and further expects that the findings may be utilized in the future by th...

Spey Resources is pleased to announce that it has signed an option agreement with American Salars Lithium, whereby the Company has granted American Salars the option to acquire the Company's 80% interest in the Candela II Lithium Brine Project. Under the terms of the Agreement made between the Company, Amercian Salars and A.I.S. Resources, the Company and AIS shall sell their proportion of shares held in Spey Resources Argentina SA , which holds a 100% interest in and to the Property. In consideration of the Company optioning its 80% interest in the Subsidiary to American Salars, the Company will receive cash payments totaling CAD$1,958,000 and 5,268,000 common shares in the capital of ...

Rua Gold is pleased to announce that, further to its news release dated Feb 27, 2024, that, in connection with the completion of its reverse takeover transaction, the common shares in the capital of the Company shall resume trading on the CSE on March 4, 2024, under the symbol “RUA”. The Company Shares will also trade in the United States on the OTCQX under the symbol “KMMIF” and in Germany on the WKN under the symbol “A3DB6A”.

PEA HIGHLIGHTS After tax NPV of US$934 million with an IRR of 31.6% PEA based on a mine life of 25 years with a 2.5 year payback PEA based on a production rate of 15,600 tonnes of lithium carbonate technical grade per year Processing based on simple and proven solar evaporation technology Lithium South Development Corp. is pleased to announce positive results from an independent Preliminary Economic Assessment for its Hombre Muerto North Lithium Project near Salta, Argentina. The PEA was prepared by Knight Piésold Consulting and JDS Energy and Mining , both of Vancouver, in accordance with the standards set out in National Instrument 43-101 Standards of disclosure for Mineral Projects , and CIM's Best Practice Guidelines for Mineral Processing . Company President and CEO, Adr...

Austin Gold announces that the Company has completed the third diamond drill hole at its Stockade Mountain Projectn. All core samples are at the assay laboratory and are in the process of being prepped and assayed, with results expected in four to six weeks. The initial two holes confirmed that the mineralizing system at Stockade Mountain is robust and contains significant gold grades, with the strongest intercept of 8.19 g/t over 4 feet and several other gold intercepts of interest. The third and last hole was drilled to a depth of 736.7 feet with the three exploration holes totalling 2,435.9 feet.

VANCOUVER, BC, March 4, 2024 /CNW/ - The following issues have been halted by CIRO Company: Commander Resources Ltd. TSX-Venture Symbol: CMD All Issues: Yes Reason: Pending News Halt Time : 7:51 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 cannot pr...

Nevada King Gold Corp. is pleased to announce an increase to its previously announced $9.75-million non-brokered private placement financing initially announced on February 12, 2024. Highlights: Nevada King has increased the Non-Brokered Private Placement due to demand from existing shareholders and intends to raise gross proceeds of $9,938,900 through the issuance of 28,396,857 common shares of the Company priced at $0.35 per Common Share. The Non-Brokered Private Placement is fully allocated to insiders, existing shareholders, and a new strategic shareholder of the Company. Company Founder & Chief Executive Officer Collin Kettell is subscribing for $2,000,000. Two significant shareholders of the Company are subscribing for $4,200,000 and $1,356,400, respectively. A new stra...