Defiance Silver Corp. announces that it has closed on February 27, 2024 the first tranche of its previously announced non-brokered private placement of units of the Company at a price of C$0.10 per Unit , for aggregate gross proceeds of C$1,094,000. Marketed Offering Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will be exercisable by the holder thereof to acquire one common share of the Company at a price of C$0.20 at any time on or before the date which is 24 months after the Closing Date. The net proceeds of the Offering will be used by the Company for exploration and general working capital purposes. Under applicable securities legislation and the policies of the TSX Venture Exchange, the securit...

TDG Gold Corp. is pleased to announce the results of the 2023 Lithic Drainage Sampling survey conducted over TDG's ~42 square kilometre Baker Complex, and also Greater Shasta-Newberry, covering multiple defined exploration target areas1 including the historical Baker A- and B-Veins and Shasta deposit that were mined intermittently between 1986-2012. TDG's 2021-2023 exploration work is the first property-wide, systematic program focused on the copper-gold-molybdenum porphyry potential across the Baker Complex. Modern assay results from historical drillcore at the Baker B-Vein published by TDG in July to September 2023 demonstrate the presence of broad intervals up to 100 metres of Cu, Au and silver mineralization from near surface that was not previously mined. In August 2023,...

Avino Silver & Gold Mines Ltd. is pleased to provide an update on recently completed and ongoing work in connection with La Preciosa, our development stage mineral property which hosts one of the largest undeveloped primary silver resources in Mexico. La Preciosa is located adjacent to Avino's existing operations in Durango, Mexico. The addition of La Preciosa's mineral resource inventory significantly increased Avino's consolidated NI 43-101 mineral resources, which is currently 371 million silver equivalent ounces. At La Preciosa, capital for 2024 is expected to be between US$3.0 - US$4.0 million and will include surface works and equipment procurement intended for the first phase of mine development for the Gloria and Abundancia Veins. Avino already has the mining equipment ...

Tinka Resources Ltd. is pleased to announce the results from an updated Preliminary Economic Assessment on the Company's 100%-owned polymetallic Ayawilca project in central Peru. The updated PEA shows Ayawilca to be an excellent base metals project with significant enhancements from the previous PEA study. The Project now features a smaller, more efficient zinc-silver-lead plant, introduces a separate tin plant for additional revenue and commodity diversification and highlights the development path forward for Ayawilca to become a producing mine. PEA Highlights: Robust economics: After-tax Net Present Value at 8% discount of US$434 million and after-tax Internal Rate of Return of 25.9% . Payback period after-tax of 2.9 years . Initial Capital Expenditure of US$382 million. Lo...

Southern Cross Gold Ltd. has released one drillhole SDDSC108A from the Apollo area at its 100%-owned Sunday Creek Project in Victoria. Highlights: SDDSC108A drilled eight high-grade vein sets at Apollo Deep over a 445 m down-hole interval and delivered on multiple levels : The highest grades of gold found at Apollo to date, including 0.2 m @ 576 g/t Au ; Three new vein sets, extending mineralisation 150 m east; and Extensions of known mineralisation 150 m below prior drilling from SDDSC066. SDDSC108A hosts seven intervals > 15 g/t Au and six intervals of > 5 % Sb . Selected highlights...

Development Intersects Mineralization Along Continuous Strike of >130M With Best Individual Channels Grading 20.2 g/t Au over an estimated true channel width of 9.6m 21.0 g/t Au over an estimated true channel width of 7.0m 23.2 g/t Au over an estimated true channel width of 5.6m Jaguar Mining Inc. is pleased to announce that exploration access development on the level 15.2 elevation in the BA-Torre structure of its Pilar mine in Brazil has intersected and confirmed extensive high-grade mineralization, previously intersected in exploration diamond drill holes announced in the first half of 2023.Jaguar believes that this area could positively affect the Pilar mine's future production capacity. Vern Baker, President and CEO of Jaguar Mining stated "Based on follow-up explorati...

Getchell Gold Corp. warmly welcomes Robert Bass as a Director and the new Chairman of the Board of Directors. Mr. Bass is a well-recognized and respected labor relations senior negotiator and spokesperson leading a distinguished career spanning decades. Celebrated as a key figure in his field, Mr. Bass has been instrumental in negotiations and arbitration for a wide array of major public sector entities, including the Metropolitan Toronto School Board, the Ontario Hospital Association, hospitals, police services, universities, nursing homes, and government. Mr. Bass is an astute investor with a lengthy history and knowledge of investing in mining and mineral exploration. Mr. Bass's increasing ownership position in the Company, highlighted by his recent participation in the Co...

SODANKYLÄ, FINLAND / ACCESSWIRE / February 28, 2024 / FireFox Gold Corp. is pleased to report results from an additional six holes totalling 1,617.5 metres of drilling at the Company's 100%-held Mustajärvi Gold Project in Lapland, Finland . The primary focus of the program was four holes drilled to test for extensions to depth of the near-surface high-grade gold zone at the East Target . Results confirm that gold mineralization extends deeper to the south, where the system plunges to the southwest and is very likely down dropped by faults south of the surface expression. These holes are the deepest expression of the East Target yet, with strong gold intercepts occurring at more than 250 metres below surface. Even though these holes were significant step outs to the south and ...

Troy Minerals Inc. is pleased to announce that it has expanded its strategic advisory board which was formed late last year to advise and consult with the Company's board of directors and its senior management to help advance the Company's projects and build shareholder value. The Company has appointed Mr. Amandip Singh, a geologist and mining professional with over 15 years of progressively senior experience in the mining industry, finance, and academia. Mr. Singh has worked with some of the most successful mining teams in the world, including the Frank Giustra backed, West Red Lake Gold as well as Magna Gold Corp, a Mexico based gold producer, where he served as the Vice President of Corporate development and was part of the management team that saw the Saddle North Cu-Au p...

Thunder Gold has agreed to sell the Company's remaining 25% interest in the Dor-Wit copper property to Noronex Limited. Highlights of the transaction are as follows: Issuance of 5,500,000 shares of Noronex and Deferred payment of US$ 1,000,000.00 on completion of a feasibility study. Wes Hanson, President and CEO stated, "This transaction increases Noronex's 100% owned land position in the Kalahari Copper Belt of Namibia to over 800,000 hectares, representing over 300 kilometres of copper prospective strike length. Adding 100% of Dor-Wit to Noronex's extensive 100% owned land package makes fiscal and technical sense going forward and the transaction allows us to focus on our flagship gold property, Tower Mountain, in the Shebandowan Greenstone Belt of Ontario. We are p...

SolGold is pleased to announce the appointment of Mr. Jian Liu and Mr. Charles Joseland to its Board of Directors. Mr. Jian Liu brings over 30 years of private investment advisory experience to the SolGold board, with a diverse background spanning multiple sectors, including mining, energy, technology, consumer, and healthcare. He previously worked as a partner at Valuestone Advisors for mining investments, as an advisor at Jiangxi Copper Corp for its overseas M&A projects, as a partner at Greenwoods PE Funds, as a director at Mousse Partners and Actis, and as an associate at Merrill Lynch Direct Investment Group. His experience includes assisting portfolio companies in strategy formation, fundraising, investing and corporate governance. Mr. Liu's academic credentials include an MBA fr...

Patagonia Gold Corp. announces that it has agreed to reacquire the COSE property from Pan American Silver Corp. . On February 27, 2024, the Company entered into an agreement pursuant to which it agreed to reacquire COSE in exchange for assuming PAAS's costs and liabilities in relation to COSE . The Company sold COSE to PAAS in 2018 and PAAS closed the COSE mine in 2022, after mining the known, main COSE mineral deposit. The Company is not making a monetary payment to PAAS in connection with the Transaction but has agreed to assume the remaining closure costs of COSE, which are mainly related to ongoing environmental monitoring. Completion of the Transaction is subject to, among other things, the satisfaction or waiver of certain conditions precedent relating to th...

JZR Gold announces that it wishes to revise the terms of a proposed private placement offering of units, which were previously announced in a news release dated Dec 18, 2023. Pursuant to the revised terms, the Company intends to undertake a non-brokered private placement offering of up to 6,666,666 Units at a price of $0.15 per Unit, to raise aggregate gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share and one share purchase warrant . Each Warrant will entitle the holder to acquire one additional common share in the capital of the Company at an exercise price of $0.25 per Warrant Share for a period of nine months after the closing of the Offering. In connection with the Offering, the Company m...