Capitan Silver Corp. is pleased to announce that with the support of its large shareholders it intends to raise C$1.5 million, by way of a non-brokered private placement of 10 million common shares at a price of C$0.15 per Share . Capitan intends to use the net proceeds from the Private Placement to continue to advance the Cruz de Plata gold-silver project, evaluate potential acquisitions as well as to fund working capital and general corporate expenses. The closing of the Private Placement is expected to occur on or about March 29th, 2024, and is subject to the receipt of all necessary regulatory approvals, including the approval of the TSX-V. All securities issued pursuant to the Private Placement will be subject to a four month hold period in accordance with applicable Can...

Signed a Definitive Agreement to sell its Chester Project Option Agreement Rights for cash and shares totaling $1,395,0001,2. Signed a Definitive Agreement to sell its Turgeon Project Option Agreement Rights for cash and shares totaling $675,0001,2. Canadian Copper increases its focus on the highly prospective Murray Brook West exploration property that is contiguous to its 100% owned large Murray Brook deposit, New Brunswick's largest undeveloped open pit polymetallic resource. . Canadian Copper Inc. is pleased to announce that it has signed two separate conditional sale agreements to sell and transfer its Option Agreement rights for the Chester and Turgeon Projects located in New Brunswick, Canada, for total possible consideration of $2,160,0001,2 in cash and shares. "Focus...

RIMOUSKI, Québec, March 04, 2024 -- Puma Exploration Inc. reports the execution of definitive sale agreements dated March 1, 2024 to welcome a new explorer in New Brunswick: Raptor Resources Limited . In 2021, in accordance with Puma's "DEAR" business strategy to generate maximum value for its shareholders with low share dilution, the Company's non-core base metals assets were optioned to Canadian Copper Inc. pursuant to an option agreement dated June 30, 2021, as amended in order to provide the Copper Projects with the visibility and attention that they deserved . More particularly, the Turgeon, Chester, Murray Brook West and Legacy Projects formed part of the Copper Projects. Following satisfaction of all closing conditions under the Option Agreement, this tra...

The eastern portion of the new combined Sobek-Rosita Property is 3km directly west of Filo Mining's Filo del Sol Project and Sobek North 3km southwest of NGEx´s Lunahuasi discovery Sobek Project doubled in size to 22,640 hectares Exploration program underway to identify and refine targets for drilling at high-priority targets at the Sobek Central VN-Zone and Sobek North El Potro Prospect Mirasol Exhibiting at 2024 PDAC - Booth 2118 VANCOUVER, British Columbia, March 04, 2024 -- Mirasol Resources Ltd. is pleased to announce the release of an in-depth presentation and question and answer session on the exploration progress at the flagship Sobek Copper-Gold Project in the Vicuña Copper-Gold-Silver District of northeast Chile. The video presentation highlights the landmark agreeme...

West Red Lake Gold Mines Ltd. is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. The drill results featured in this news release were focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces grading 8.7 grams per tonne gold , with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au. The purpose of this drilling was definition within South Austin to continue building an inventory of high-confidence ounces for eventual restart of the Madsen mill. Notably, visible gold was observed in holes MM24D-12-4640-008 and -012 . Based on these observations, additional holes were added to the drill station to further define these hi...

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...