Andean Precious Metals Corp. announced that through its wholly-owned subsidiary, Andean PM, AB, it has entered into an agreement for a 12-month $25 million renewable secured revolving line of credit with Banco Santander International. The agreement is effective as of February 28, 2024. The LOC provides for $25 million to be used for general corporate purposes and is secured by short-term investments and cash equivalents. It bears interest on any outstanding borrowings at the 3-month Secured Overnight Financing Rate plus 90 basis points. "While we expect to maintain a strong year-end balance sheet as at December 31, 2023 with liquid assets of approximately $72 million, including an unaudited cash balance of $65 million, this LOC provides the Company with continued financial f...

Zonte Metals is pleased to provide an update on the K6 drilling program at it's Cross Hills Copper Project in Newfoundland and Labrador. Drill Program Highlights Visible copper mineralization observed in all 7 drill holes. CH23-05 intersected 11.2m of 0.42% copper, including 2.65% over 0.5m. CH23-06 intersected longest mineralized interval; 34.5m of 0.1% copper. Mineralization is open along strike and to depth. Chalcocite mineralization and copper grade increase with depth. While K6 is the smallest target at Cross Hills; its success validates the effectiveness of the new exploration program. This drill success indicates the project's potential to become a new copper belt in Canada. Terry Christopher, President and CEO comments; "We're pleased to have made a dis...

Q2 Metals is pleased to announce that it has entered into three individual option agreements which gives the Company the exclusive right and option for the acquisition of a 100% interest in three groups of minerals claims, collectively known as the Cisco Property, subject to the retention by certain vendors of a gross metals return royalty, as further detailed below. The Cisco Property. "Adding the Cisco Property with a new discovery and district-scale exploration potential to our current portfolio is a game-changer for Q2 Metals and all of our stakeholders," said Alicia Milne, President & CEO of the Company. "With the notable spodumene intercepts from the work done to date, we believe the Property has considerable potential. We have worked with the Property vendors in the past and look forward to continuing our relationship with them."

Neil McCallum, Q2 Metals Vice President Exploration, commented, "The Cisco Property potentially holds tremendous value for Q2 to unlock.

< - Durango Resources Inc. , invites you to visit the Company at Booth 2419A during the annual Prospectors & Developers Association of Canada at the Metro Toronto Convention Centre on Sunday March 3rd and Monday March 4th. Representatives from the Company will be available to discuss Durango's properties throughout the convention period. Attendees may visit Booth #2419A where the Company will present rock samples and exploration information from its 100% owned Discovery, NMX East and Mayner's Fortune properties. About PDAC The World's Premier Mineral Exploration & Mining Convention is the leading event for people, companies and organizations connected to mineral exploration. This annual convention in Toronto, Canada is known for attracting up to 30,000 attendees from over 130...

Altiplano Metals Inc. is pleased to report on Q4 2023 operation results from the Farellon Copper-Gold-Iron mine located near La Serena, Chile. The Company extracted a total of 9,114 tonnes of mineralized Cu-Au material and processed 8,125 tonnes during Q4 2023 at Farellon. This represents a 12% and 13.6% increase respectively from the Q3 production and processing figures. Mine production in Q4 represented the highest quarterly production over the 2024-year period. Copper grade improved in Q4 to 1.87% representing an 8.7% increase from the 1.72% Cu recovered in Q3. Sales of 325,328 pounds of copper in 2023 Q4 generated approximately US$798,919 in revenue , an increase of 25% over the $639,458 revenue figure received in Q3 - an increase related mainly to processing higher Cu gr...

Aftermath Silver Ltd. is pleased to announce that the initial metallurgical work on a high manganese drill core composite sample of silver-copper-manganese mineralization from its Berenguela project in Peru, carried out at Kappes Cassiday and Associates' Reno facility, has successfully produced battery grade 99.98% pure manganese sulphate crystals which assayed 31.9% Mn . The test work involved only hydrometallurgical processes and no electrowinning was required for purification. The tables below contain results for the head assay grade of the composite test sample and the final MnSO4 analysis. High Purity MnSO4.H2O Analysis Ag As Al B Ba Be Bi Ca Cd Co Cr Cu Fe K Units ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm 98002 <1 <1 1 <1 8.0 < 1.0 <1 31.4 &...

Metallis Resources Inc. is pleased to announce that it has staked 81 additional mining claims in the State of Idaho, increasing the size of the recently optioned Greyhound Property to 677 hectares . This extended package of lode claims now covers all historic mineralization at the past producing Greyhound and Bulldog silver/gold mines, as well as encompassing prospective geology in underexplored terrain parallel and along strike northward of the 3.6 km mineralized Greyhound Shear. The new claims include a recently identified, important basin-like circular structure in the northwestern area of the Property, along with outcrops of intermediate to felsic intrusive rocks thought to be Laramide in age. A geological hypothesis is being explored that this circular feature is related...

First Quantum Minerals Ltd. announced today that it has completed the previously-announced bought deal offering of common shares of the Company . First Quantum issued 139,932,000 common shares at a price of C$11.10 per common share for aggregate gross proceeds of C$1,553,245,200. The syndicate of underwriters was led by RBC Capital Markets, BMO Capital Markets and Goldman Sachs as joint bookrunners and included BNP Paribas Securities Inc., ING Bank N.V., J.P. Morgan Securities Canada Inc., Absa Bank Limited, CIBC World Markets Inc., Natixis Securities Americas LLC, The Standard Bank of South Africa Limited, TD Securities Inc., Canaccord Genuity Corp. and National Bank Financial Inc. In addition to the completion of the Equity Offering, First Quantum announced today that it h...

Rockport, February 29, 2024 - New Age Metals Inc. ; ; is pleased to announce the results of a proof-of-concept PLATSOL&TRADE; leaching testwork program on its 100% owned River Valley Palladium Project, near Sudbury, Ontario. This Platsol&TRADE; testwork was completed by SGS Canada Inc. on concentrates made from drill core samples of the Dana and Lismer mineralized zones , as recommended in the 2023 Preliminary Economic Assessment . This proof-of-concept PLATSOL&TRADE; study is part of a post-PEA metallurgical optimization program designed to examine new and alternative technologies for significantly improving recovery of platinum group metals , gold and copper at the River Valley Project. Highlights The initial PlatsolTM process testing on the Dana and Lismer Zones...

Vizsla Silver is pleased to announce that it has completed its previously announced bought deal prospectus offering of 23,000,000 common shares of the Company at a price of C$1.50 per Offered Share for aggregate gross proceeds of C$34,500,000, which includes the exercise in full of the Underwriters' over-allotment option for 3,000,000 Offered Shares. The Offering was conducted by PI Financial Corp., as lead underwriter and sole bookrunner, and Canaccord Genuity Corp., CIBC World Markets Inc., Raymond James Ltd., Stifel Nicolaus Canada Inc. and BMO Nesbitt Burns Inc. . In consideration for the services provided by the Underwriters in connection with the Offering, the Company paid to the Underwriter a cash commission equal to 6% of the gross proceeds raised u...

DFR Gold Inc. announces that the principal amount of the unsecured convertible debentures originally issued by the Company on April 6, 2023 , as set out in the Company's press release issued on April 6, 2023, will be automatically be converted into common shares of the Company at a price of CAD$0.12 per Share pursuant to the terms of the Debentures. 19,294,873 Shares will be issued upon conversion of the aggregate principal amount of the Debentures of US$1,705,750, based on an US$1/CAD$1.3574 exchange rate as of February 28, 2024 . In addition, subject to approval of the TSXV Venture Exchange, the aggregate accrued and unpaid interest payable on the Debentures of US$192,189 will also be automatically converted pursuant to the terms of the Debentures into Shares, based on the E...

Palisades Goldcorp Ltd. is pleased to announce that New Found Gold Corp. , a significant equity investee of Palisades within the meaning of applicable Canadian securities legislation, has announced the results from 97 diamond drill holes that were completed as part of a drill program designed to test targets, including new zones named Vegas and Powerline, generated by systematic grid drilling in proximity to the Monte Carlo Zone at New Found's 100%-owned Queensway project in Newfoundland and Labrador. For further details regarding the Vegas, Powerline and Monte Carlo Zones, including the results of the drill holes and information of a technical nature thereto, highlights, images, and maps, please see New Found's news release dated February 29, 2024, accessible on New Found's ...

Power Metals Corp. is pleased to announce that it has mobilized a diamond drill rig to commence its winter 2024 exploration drill program at its 100% owned Case Lake Property in northeastern Ontario. A total of 4,000 meters of drilling is planned to delineate and extend Lithium - Cesium - Tantalum mineralization along geological strike and down-dip of known mineralization in the Property. The Company has completed several successful drill campaigns that intersected high grade Lithium and Cesium mineralization at Case Main and West Joe deposits between 2017 and 2022 . Johnathan More, Chairman of Power Metals commented, "We are very excited to be back at Case Lake and look forward to a successful launch of our winter 2024 exploration program. We believe in the exploration upsid...