Eloro Resources Ltd. is pleased to announce that, by mutual agreement with Empresa Minera Villegas S.R.L. , the title holder of the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia , the payment schedule in connection with the remaining portion of the aggregate US$10 million payment required for Eloro to earn a 100% interest in Iska Iska has been amended. Pursuant to the private option agreement to acquire Iska Iska, as amended, Eloro's Bolivian subsidiary, Minera Tupiza S.R.L. has made advance payments of US$4.9 million to date towards the US$10 million option payment. As per mutual agreement the schedule for the remaining option payments has been amended whereby Eloro, through Minera Tupiza, has agreed to pay Minera Villegas US$500,000 on...

Xanadu Mines Ltd. is pleased to provide an update on metallurgical test work for the Kharmagtai Project in Mongolia, being developed with the Company's joint venture partner Zijin Mining Group Co. Ltd.. . The sulphide rougher recovery results represent a very positive technical and economic outcome for the Kharmagtai Pre-Feasibility Study . Next stage cleaner recovery and oxide leach test work continues to progress to plan. Highlights PFS stage metallurgical test work completed for sulphide rougher process recoveries. Rougher flotation tests delivered metallurgical recoveries up to 98% copper and 95% gold, at head grades up to 1.6% Cu and 2.0g/t Au at P80 grind size of 150 micron . These are in line with or better than Scoping Study1 assumptions and indicate poten...

Talisker Resources Ltd. is pleased to announce additional high-grade drill results highlighted by 129.99 g/t Au over 2.00 metres at its 100% owned flagship Bralorne Gold Project. Key Points: Talisker initiated resource conversion drilling on October 17, 2023 with 15,000 metres of planned drilling and completed the program on February 15, 2024. Hole SB-2023-014 intersected 129.99 g/t Au over 2.00 metres on the BK Vein. Hole SB-2023-018 intersected 27.9 g/t Au over 1.1 metres within a broader interval of 7.51 g/t Au over 4.20 metres on the Prince vein. Hole SB-2023-012 also intersected 9.29 g/t Au over 2.00 metres on the BK Vein. The resource conversion drill program is focused on increasing confidence in the Alhambra and BK Veins. A total of 81 drill holes were drilled during ...

EV Nickel Inc. is pleased to announce it has entered into an agreement with PowerOne Capital Markets Limited and Clarus Securities Inc. pursuant to which the Lead Agents will act on behalf of the Company, on a "best-efforts" agency basis in connection with a brokered private placement of up to 4,666,667 flow-through common shares , at a price per Flow-Through Share of $0.75 , for aggregate gross proceeds of up to $3,500,000. The net proceeds raised from the Offering will be used for the continued exploration and advancement of the Company's Shaw Dome assets located south of Timmins in Ontario. The Flow-Through Shares to be issued under the Offering will be offered pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Closing of t...

Sierra Metals Inc. is pleased to announce the appointment of Mr. Astolfo Romero as Vice President, Health & Safety effective March 1, 2024 replacing Mr. Felix Guerra who is retiring after a very successful career in the mining industry. Ernesto Balarezo, CEO of Sierra Metals, commented, "We are very excited to have Astolfo join Sierra. He brings a deep passion to the role where he will enhance the strong health and safety standards in place throughout the Company helping us achieve our aim to become best in class." Mr. Balarezo continues, "On behalf of everyone at Sierra, we'd like to thank Felix for all his hard work and dedication especially over the last year as the safety culture and practices have improved dramatically. He has been an important part of Sierra's turnaround. We wish Fel...

SPC Nickel Corp. , is pleased to announce that the Company has filed an independent technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects supporting the previously announced West Graham Mineral Resource Estimate and the adjacent updated MRE for the LKE Deposit . The technical report, titled "Mineral Resource Estimates for the West Graham and LKE Deposits, Lockerby East Ni-Cu-PGM Sulphide Property, Sudbury, Ontario Canada" can be found on the Company's website at www.spcnickel.com and under the Company's issuer profile at www.sedarplus.ca. The MRE, in accordance with National Instrument 43-101, is effective as of December 4, 2023. Highlights: LKE: Resource at a 0.9% NiEq1 Cutoff Grade Indicated Resource of 0.67 M...

Geodrill Ltd. , a leading West African based drilling company, reported its financial results for the three and twelve months ended December 31, 2023. All figures are reported in U.S. dollars , unless otherwise indicated. Geodrill's financial statements are prepared in accordance with International Financial Reporting Standards . Highlights for Fiscal 2023: Generated revenue of $130.5M compared to $138.6M, a 6% decrease compared to Fiscal 2022; Recorded net income of $3.8M, or $0.08 per share compared to $18.8M, or $0.41 per share in Fiscal 2022; Generated EBITDA of $20.6M, or 16% of revenue, compared to $38.4M, or 28% of revenue for Fiscal 2022; Ended the year with net cash of $3.7M; Ended the year with a net tangible book value per share of $2.34 or CAD 3.11; Continued to d...

Luca Mining Corp. reports the following updates on its operations in Mexico and Management changes. Tahuehueto Construction of the Tahuehueto gold and silver mine in Durango, is nearing completion with final components to be installed in early Q2 2024. Commissioning is well underway and will be completed as the final circuit components are installed. The mine plan calls for the ramp-up to an approximate 1,000 tonne per day operation during 2H 2024 which is rapidly being achieved. Throughput levels are averaging approximately 65% of nameplate capacity and will progressively increase as ramp-up continues, resulting in higher concentrate production and generating additional revenue for the Company. The mine achieved a new daily production record of 655 tonnes this week. C...

Strategic Resources Inc. is pleased to announce that it has entered into a services agreement with Red Cloud Financial Services Inc. pursuant to which, among other things, RSFC has agreed to provide certain promotional services to the Company in accordance with Policy 3.4 of the TSX Venture Exchange . RCFS' engagement is for an initial term of three months . The Agreement will transition to a month-to-month basis following the Initial Term. For the Initial Term the Company shall pay RCFS an aggregate fee of $30,000. RCFS provides promotional services on behalf of the Company across the country. Through RCFS' engagement, the Company hopes to promote awareness of the Company and its activities. There are no performance factors contained in the Agreement and RCFS will not receiv...

Defense Metals Corp. is pleased to announce that samples of mixed rare earth carbonate have been shipped to two major Rare Earth Element companies. Samples generated by SGS Canada Inc. in Lakefield, Ontario during 2023 hydrometallurgical piloting test work performed on concentrate produced by earlier flotation pilot plant testing of a 26-tonne bulk sample taken from the Company's wholly-owned Wicheeda deposit have now been sent to almost every REE separator in the world. MREC samples shipped to the recipients are independently verifying the high-quality of the REE product from the Wicheeda deposit, and further establishing Defense Metals' Wicheeda REE Project as a critically important, future North American source of rare earths. Craig Taylor, CEO of Defense Metals, commented...

Grounded Lithium announces a number of corporate matters today. The Company engaged Koch Technologies Solutions a number of months ago to perform certain treatability studies on the Company's brine resources. This was performed with exceptional results and largely moved GLC to select KTS as our chosen extraction technology solution. The fees associated with this testing have been agreed to by Company and officials at KTS to be satisfied with Class A common shares ("Common Shares") of the Company. A total of 1,665,354 common shares, representing 2.1% of the pro-forma outstanding Common Shares will be issued to an affiliate of KTS. These shares will be subject to a four-month statutory hold period.

Magna Mining Inc. is pleased to provide an update on the permitting and approval process for the Crean Hill Project. On February 29 2024, Magna received confirmation that the amended Closure Plan for the Crean Hill Project had been filed with the Ontario Ministry of Mines. This allows Magna to move forward with an advanced exploration plan, which includes a surface bulk sample and development of a ramp from surface to perform test mining in the 101 Footwall, 109 Footwall and Intermediate mineralized zones . The tonnage of the mineralized rock from the surface and underground test mining is outlined as 400,000 tonnes. This test mining material would be crushed on surface, sampled, and shipped to a third-party mill for processing. Magna expects to have processing agreements fin...

Pan American Silver Corp. today announced that the Toronto Stock Exchange has accepted the Company's notice of its intention to make a normal course issuer bid to purchase up to 18,232,990 of its common shares, representing up to 5% of Pan American's issued and outstanding shares as at February 29, 2024. Purchases pursuant to the Bid will be made on the open market through the facilities of the TSX and the New York Stock Exchange and alternative trading systems in Canada and the United States. The period of the Bid will begin on March 6, 2024 and will continue until March 5, 2025 or an earlier date should the Company complete its purchases. Pan American will pay the market price at the time of acquisition of any common shares in accordance with the rules and policies of the TSX and NYSE an...