Faraday Copper Corp. is pleased to announce the results of an additional four drill holes from its Phase III program at the Copper Creek Project, located in Arizona, U.S. . Two of the holes were drilled at the Area 51 target to test additional near-surface breccias as a follow-up to the recent Starship breccia discovery and two holes were drilled in the Copper Giant area to test resource expansion potential. Paul Harbidge, President and CEO, commented "I am excited with the expansion potential of Area 51 which, prior to Faraday, had never been drill tested. The results have identified a second, near-surface mineralized breccia called Eclipse." "Area 51 is a 400-metre by 400-metre target represented by a cluster of nine mapped breccias that are highly prospective. The target r...

Appia Rare Earths & Uranium Corp. is pleased to announce that it has received an independent maiden Mineral Resource Estimate for its ionic adsorption clay project located in the State of Goiás, Brazil, known as the PCH Project. The MRE was prepared by Yann Camus, P.Eng., of SGS Canada Inc. - Geological Services . Highlights: The maiden MRE for the PCH Project is estimated at 52.8 million tonnes comprising: 6.6 Mt Indicated resource with a grade of 2,513 parts per million total rare earth oxide . 46.2 Mt Inferred resource with a grade of 2,888 ppm TREO. The deposit contains significant concentrations of Neodymium , Praseodymium , Dysprosium , and Terbium which are the rare earth elements used in the production of permanent magnets and currently under high demand. The Company ...

Velox Energy Materials Inc. is pleased to share its latest Investor Presentation. Please visit our website at www.veloxenergymaterials.com.au for further information. Approved by the President & CEO of Velox Energy Materials Inc. Simon Coyle President & CEO +1 416-214-7577 Investor Relations Contact Andrew Rowell Investor Relations - Australia M: +61 400 466 226 Email: andrew@whitenoisecomms.com About Velox Energy Materials Velox Energy Materials is a publicly traded energy materials company developing and progressing high-value assets in resource and research-friendly jurisdictions. The Company's priority focus is the advanced NQV Project in Queensland, Australia. The NQV Project hosts the Cambridge Deposit with an CIM compliant Indicated Mineral Resource of 61...

Velox Energy Materials Inc. is pleased to provide an update on the Lake Pierre Lithium Project in Quebec. Highlights - Independent desktop study of all historic data covering the Lake Pierre Lithium Project completed. The report concludes: - Multiple pegmatites identified at surface and within historic drill data. - At least three generations of massive pegmatites have been identified. - The geological conditions are deemed favorable. - Limited lithium geochemistry and limited detailed geological mapping provide an opportunity to discover new lithium bearing pegmatites. - Potential to find additional uranium mineralization on the margins and within the granitic intrusion. Velox's President and CEO, Simon Coyle, commented: "The independent review has been extremely beneficial ...

Q Battery Metals is pleased to announce that the Company is currently in discussion with a Diamond Drilling Contractor to undertake drilling on the company's properties in 2024. The company expects to sign an agreement with the contractor in the near future. The agreement as discussed to date includes beneficial terms that are favorable to both Q Metals and the drilling contractor. In the duration, the company will continue to receive statements of interest from other drillers. Diamond drilling is being planned for the La Corne South and McKenzie East projects. At the La Corne South, exploration to date has identified potential for lithium mineralization, as well as Volcanic Massive Sulphide mineralization. The best lithium value of 622 ppm was obtained from blocks of r...

In this episode of Money Talk Radio, Ellis Martin speaks with Victor Cantore of AMEX Exploration Inc. about the company's high-grade Perron Gold Property in Quebec, Canada where 400,000 meters have already been drilled. Ellis visited recently with the company at the @MinesandMoney Mines and Money Conference in Miami recently. To Listen to the Interview, please visit: https://www.abnnewswire.net/lnk/580G91QN About Amex Exploration Inc: Amex Exploration Inc. is a junior mining exploration company, the primary objective of which is to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions on Quebec and Ontario. Amex has multiple highly prospective projects: the 100% owned Perron gold project located 110 kilometers north of Rouyn No...

Galiano Gold Inc. reports that an incident occurred on Saturday March 2, 2024, at the Asanko Gold Mine , a 50:50 joint venture with Gold Fields Limited, which is managed and operated by Galiano. The incident occurred following an interaction between a group of illegal miners and contracted security officers on AGM's mining lease near the township of Tontokrom. Two security officers and a civilian were killed in the attack by illegal miners. Given the distance between the processing plant and the mining leases to the south, operations at the AGM remain unaffected. Further investigations are ongoing and Galiano will continue to work closely with the local law enforcement agencies and relevant authorities to ensure the safety of our employees and community members. About Galiano ...

Commerce Resources Corp. is pleased to announce that it has made significant advancements in the mineral processing and hydrometallurgical flowsheets for the Ashram Rare Earth and Fluorspar Deposit . The Ashram Deposit, wholly owned by the Company and located in Quebec, Canada, is one of the largest undeveloped monazite dominant rare earth deposits in the world. This rare earth mineralogy results in significant NdPr distributions . The Company is pleased to report a significant simplification and optimization of the Ashram Deposit's front-end mineral processing flowsheet whereby 30-35+% REO monazite mineral concentrates at strong recovery are produced using only flotation. This testwork has been completed at bench scale, is demonstrated repeatable, and has been scaled up succe...

Sustainable Hydro-Solar Energy at Cascabel Project SolGold plc is pleased to announce the signing of a Memorandum of Understanding with Grupo Empresarial Semaica , a major construction company in Ecuador, and Enerhydra, an American company, whose partners have participated in large projects throughout Latin America, and have developed seven hydroelectric projects in Ecuador, and Constructora Nacional S.A., a prominent construction company with extensive experience in hydroelectric development in Ecuador. This collaboration aims to spearhead a significant hydro-solar initiative to power SolGold's flagship Cascabel Project in Northern Ecuador. The MOU delineates the shared objectives and responsibilities of each party towards the development of a sustainable Power Project that ...

MONTRÉAL, March 3, 2024 /CNW/ - - Champion Iron Ltd. is pleased to announce the appointment of Mr. Ronnie Beevor to its Board of Directors , effective immediately. Mr. Beevor has over 40 years of experience in investment banking and the mining sector, including as Chair and non-executive director of several mining companies in Australia and internationally. He is currently Chairman of Bannerman Energy Ltd., owner of the large Etango uranium deposit in Namibia, Chairman of Felix Gold, which has substantial gold exploration properties in Alaska and director of Mont Royal Resources, building a dominant position in underexplored greenstone belts in Québec. Previously, Mr. Beevor served as head of investment banking at Rothschild Australia, Chair of EMED Mining, whic...

Cobre Ltd. is pleased to announce that the Company has received firm commitments from institutional, sophisticated and professional investors for the placement of approximately 76.9 million new fully paid ordinary shares at an issue price of $5.2c per New Share to raise gross proceeds of A$4.0 million . The Placement comprises two tranches: - Tranche 1 to raise A$2.3 million via the issue of 43.7 million New Shares utilising the Company's existing placement capacity pursuant to ASX Listing Rules 7.1 and 7.1A. - Tranche 2 to raise approximately A$1.7 million via the issue of approximately 33.2 million New Shares subject to shareholder approval to be sought at an Extraordinary General Meeting of the Company expected to be held in April 2024 . Proceeds from the Placement, togeth...

Lake Resources NL announced today that, following the completion of the Kachi Phase One Definitive Feasibility Study , the company is rationalizing the size of its employee base and general and administrative expenses to extend its financial runway, and better position the Company to complete a robust strategic partner selection process. The Company previously announced an approximate 40% reduction in expenditures for the quarter ending 31 March 2024 as compared to the quarter ending 31 December 2023 . Lake is now implementing further cost saving measures through reducing global headcount by approximately 50% across its non-core operational and administrative workforce and additional streamlining of other general and administrative expenditures. As a result of these actions, ...

American Salars Lithium announces that it has signed an option agreement with Spey Resources Corp. and A.I.S Resources to acquire a 100% interest in the Candela II Lithium Brine Project. The Candela II Lithium Brine Project contains a National Instrument 43-101 mineral resource estimate completed by WSP Australia Pty. Ltd. This NI 43-101 resource report estimates the project to contain lithium metal of 86,000 tonnes which equates to 457,500 tonnes of in-situ lithium carbonate equivalent (LCE) and a lithium yield of 48,000 tonnes of LCE from 9,000 tonnes of lit