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...

Monarch Mining Corp. announces that it has entered into binding agreements for the sale of its Beaufor, McKenzie Break and Swanson properties . The Transactions are the culmination of the Corporation's previously announced court-approved sale and investment solicitation process carried out by PricewaterhouseCoopers Inc. in its capacity as Monitor in the Corporation's ongoing proceedings pursuant to the Companies' Creditors Arrangement Act . The Corporation has entered into an asset purchase agreement with Probe Gold Inc. for the sale of the Beaufor Property and the McKenzie Break Property to Probe. The Corporation also entered into an asset purchase agreement with Bullrun Capital Inc. for the sale of the Swanson Property to Bullrun. These agreements are subject ...

Highlights: The Beaufor Property is within the Company's Novador property boundaries and currently hosts a high-grade, measured and indicated gold resource of 219,200 ounces of gold at 5.3 g/t and inferred mineral resource of 122,500 ounces of gold at 4.7 g/t. Upon closing of the transaction, Probe will own all of the Courvan Gold Trend, which includes the Courvan, Senore and Beaufor deposits. The trend contains significant exploration upside, which will be the focus going forward in 2024 and 2025. The McKenzie Break Property is proximal to the Company's Novador Project and hosts a current, higher-grade indicated gold resource of 146,000 ounces of gold at 3.2 g/t, with an inferred mineral resource of 250,600 ounces of gold at 3.1 g/t. The property has significant exploration upside, and ou...

SLR Consulting appointed on behalf of prospective lenders to provide environmental and social due diligence. GoviEx has expressions of interest representing over USD 200 million of potential project related debt finance for the Madaouela Uranium Project. Continued dialog with North American, European and African institutions including export credit agencies, development finance institutions and commercial banks. GoviEx Uranium Inc. , is pleased to announce that lender due diligence for the Madaouela uranium project has commenced with the appointment of SLR Consulting on behalf of prospective lenders. The due diligence will evaluate environmental and social risks and ensure compliance with relevant regulations and international standards to meet lender requirements for project...