Scandium Canada is pleased to provide an update on its mineral processing campaign announced in its press release of Oct 24, 2023. The Company started optimizing its mineral processing and hydrometallurgical flowsheet for scandium and rare earths at SGS Canada, to support the preparation of a PFS of the Crater Lake Project. This optimization campaign uses a 600 kg ore sample from a 15-ton bulk sample extracted from Crater Lake. Scandium Canada’s President and COO, Pierre Neatby, said: “The test work at SGS is moving forward with the support of Yakum Consulting. It is a very important component of the PFS that we are planning to deliver, and we are pleased with the progress of the first phase of the testwork.”

canic Gold Mines announces that it has granted to its directors, officers and employees incentive stock options to purchase up to an aggregate of 850,000 common shares exercisable for up to ten years at a price of $0.23 per share. About Volcanic Volcanic brings together an experienced and successful mining, exploration and capital markets team focused on building multi-million-ounce gold and silver resources in underexplored countries. Through the strategic acquisition of mineral properties with demonstrated potential for hosting gold and silver resources, and by undertaking effective exploration and drill programs, Volcanic intends to become a leading gold-silver company. For further information, visit our...

GMV Minerals is pleased to announce that further to receipt of additional geophysical depth analysis of its helicopter-borne high resolution magnetic and radiometric survey, the Company's exploration team has proposed an initial drill program of six holes at the Daisy Creek property. The program is designed to test the Daisy Property for prospective Lithium Claystone mineralization. The property was explored in the past because of the prospectivity for uranium with lithium being identified serendipitously. Drill targets have been established based upon recent sampling, historical data, and the high-resolution aeromagnetic survey completed by Precision GeoSurveys in late 2023. The aeromagnetic data was inverted to determine depth of the caldera basement. The flatter-lying...

Denarius Metals Corp. provided an update today on its activities to start up production at its 100%-owned Zancudo Project in Colombia and its recently acquired 50%-owned Aguablanca Project in Spain. Serafino Iacono, Executive Chairman and CEO of Denarius Metals, commented, "The execution of activities to commence production at our Zancudo Project in 2024 remains on track. The Zancudo Project will be our first mine going into operation. This will provide a source of ongoing internally generated cash flow as we develop our larger polymetallic projects in Spain, including the startup of operations at the turnkey Rio Narcea processing plant and the underground mine at the Aguablanca Project. The restart of operations at Aguablanca, the only nickel mine in Spain and one of the few...

Lithium Ionic Corp. reports that is has amended the purchase agreements related to the acquisition of certain of its Itinga properties, in Minas Gerais, Brazil. The amendments are as follows: Vale Claims: On January 20, 2023, Lithium Ionic's 100%-owned Brazilian subsidiary, MGLIT Empreendimentos Ltda. , entered into a purchase agreement with Exotic Mineração Ltda. pursuant to which MGLIT had the option to acquire up to a 100% equity interest in Vale do Lítio Mineração Ltda. . Vale do Lítio has a 100% beneficial ownership interest in three lithium mining claims covering a total of 3,140 hectares . Based on the payments that have been made to date, Lithium Ionic own 7.4% of the Vale Claims. The amendment to the Vale do Lítio Agreement is as follows: The payment schedule for the...

Hemlo Explorers Inc. is pleased to announce that it has received the final tranche of the $200,000 that it was awarded under the Ontario Junior Exploration Program from the Ontario Government. This amount covered up to 50% of eligible exploration costs, to a maximum of $200,000 in respect of expenditures incurred by the Company during the period from April 1, 2023 to February 15, 2024. "We would like to thank the Ontario Government for this funding under the OJEP program. It is a vital part of financing our projects," commented Brian Howlett, President and CEO of the Company. Through OJEP, the Ontario Government is investing in early exploration to create meaningful opportunities for junior companies to find the mines of the future. Incentivizing early exploration will help o...

The U.S. International Trade Commission this week issued public documents detailing the rationale behind its unanimous negative injury determination in the tin mill products trade case brought by co-petitioners Cleveland-Cliffs and the United Steelworkers . This determination by the ITC negated the implementation of anti-dumping and countervailing duties calculated by the Department of Commerce and will result in the continuation of widespread unfair trade practices in the tin mill products market. Lourenco Goncalves, Cleveland-Cliffs' Chairman, President and Chief Executive Officer, stated, "It is now clear that the decision by United States Steel Corporation not to participate as a petitioner in this trade case -- or provide a substantive response to the ITC's request for further informa...

Abitibi Metals is pleased to announce results from the first two holes of the maiden drill program currently underway at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 m is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. On Nov 16th, 2023, the Company entered into an option agreement on the B26 Polymetallic Deposit to earn 80% over 7 years from SOQUEM Inc

IsoEnergy Ltd. is pleased to announce its strategic decision to reopen access to the underground at our Tony M uranium mine in the first half of 2024 , with the goal of restarting uranium production operations in 2025, should market conditions continue as expected. The decision to advance Tony M is underpinned by rising uranium prices, the climate of increasing support and demand for nuclear energy, and the recent announcement by Energy Fuels Inc. to restart its uranium circuit at the White Mesa Mill , with whom IsoEnergy has a toll milling agreement. Tony M, along with our Daneros and Rim projects, is one of three past-producing, fully-permitted, uranium mines in Utah owned by IsoEnergy, and is a large-scale, fully-developed and permitted underground mine that ...

Northisle Copper and Gold Inc. is pleased to announce preliminary metallurgical results from Northwest Expo which demonstrate combined flotation and leach recoveries for gold ranging from 88.7% to 92.6% and for copper from flotation ranging from 68.7% to 87.7%. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240229859974/en/ Figure 1: Process Flowsheet Applied to Northwest Expo Composites Sam Lee, President & CEO of Northisle stated "We are very pleased to receive these positive metallurgical results at Northwest Expo within the North Island Project. Gold recoveries were significantly higher than initially anticipated and the clean copper concentrate remains very attractive with low deleterious elements. These resul...

Golden Minerals Company has announced that it has elected to stop operations at its Velardeña Properties, located in Durango State, Mexico. The Company restarted mining operations at Velardeña in late December 2023, with the goal of progressively increasing production at the mine during the first half of 2024 until it achieved positive cash flow. The initial performance of the mine and processing plant during the course of the initial several months of production has not achieved the results projected by the Company. In light of the Company's decision to cease mining operations, the Company intends to evaluate potential alternatives for the Velardeña Properties, which may include a sale of properties or winding up of certain of the Company's Mexico operations. About Golden Mi...

New Found Gold Corp. is pleased to announce the results from 97 diamond drill holes that were completed as part of a drill program designed to test targets generated by systematic grid drilling in proximity to the Monte Carlo Zone located 800m southwest of the K2 Zone on the west side of the highly prospective Appleton Fault Zone . New Found's 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240229706569/en/ Figure 1. Photos of mineralization, Left: at ~97.60m in NFGC-23-1848, Right: at ~97.60m in NFGC-23-1848 ^Note that these photos are not intended to be representative of gold mineraliz...

Lavras Gold Corp. is pleased to release the results from six new drill holes testing the Fazenda do Posto gold discovery, located at the western edge of the LDS project in southern Brazil. Gold mineralization was intersected in five of the six holes at the Fazenda do Posto gold discovery. These new holes were designed to test the nature and extent of gold mineralization and hydrothermal alteration associated with this new gold discovery as explained below. These new results continue to move Lavras Gold toward its short-term corporate goal of defining an economically feasible gold resource on the LDS Project, focused on Fazenda do Posto and adjacent Butiá gold deposit. HIGHLIGHTS Hole 23FP011: 173.0 metres grading 1.0 g/t gold from 69.0 metres and including: 2.0 metres grading...