Northisle Copper and Gold Inc. is pleased to announce preliminary metallurgical results from Northwest Expo which demonstrate combined flotation and leach recoveries for gold ranging from 88.7% to 92.6% and for copper from flotation ranging from 68.7% to 87.7%. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240229859974/en/ Figure 1: Process Flowsheet Applied to Northwest Expo Composites Sam Lee, President & CEO of Northisle stated "We are very pleased to receive these positive metallurgical results at Northwest Expo within the North Island Project. Gold recoveries were significantly higher than initially anticipated and the clean copper concentrate remains very attractive with low deleterious elements. These resul...

Golden Minerals Company has announced that it has elected to stop operations at its Velardeña Properties, located in Durango State, Mexico. The Company restarted mining operations at Velardeña in late December 2023, with the goal of progressively increasing production at the mine during the first half of 2024 until it achieved positive cash flow. The initial performance of the mine and processing plant during the course of the initial several months of production has not achieved the results projected by the Company. In light of the Company's decision to cease mining operations, the Company intends to evaluate potential alternatives for the Velardeña Properties, which may include a sale of properties or winding up of certain of the Company's Mexico operations. About Golden Mi...

New Found Gold Corp. is pleased to announce the results from 97 diamond drill holes that were completed as part of a drill program designed to test targets generated by systematic grid drilling in proximity to the Monte Carlo Zone located 800m southwest of the K2 Zone on the west side of the highly prospective Appleton Fault Zone . New Found's 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240229706569/en/ Figure 1. Photos of mineralization, Left: at ~97.60m in NFGC-23-1848, Right: at ~97.60m in NFGC-23-1848 ^Note that these photos are not intended to be representative of gold mineraliz...

Lavras Gold Corp. is pleased to release the results from six new drill holes testing the Fazenda do Posto gold discovery, located at the western edge of the LDS project in southern Brazil. Gold mineralization was intersected in five of the six holes at the Fazenda do Posto gold discovery. These new holes were designed to test the nature and extent of gold mineralization and hydrothermal alteration associated with this new gold discovery as explained below. These new results continue to move Lavras Gold toward its short-term corporate goal of defining an economically feasible gold resource on the LDS Project, focused on Fazenda do Posto and adjacent Butiá gold deposit. HIGHLIGHTS Hole 23FP011: 173.0 metres grading 1.0 g/t gold from 69.0 metres and including: 2.0 metres grading...

Azimut Exploration Inc. is pleased to announce the appointment of Mr. Alain Cayer as Project Manager for the Company. His role will mainly focus on advancing the Elmer Gold Project. During his career, Mr. Cayer has acquired extensive experience in mineral exploration in Quebec for a wide range of geological settings and mineral commodities . His previous positions include VP Exploration for Kintavar , Chief Geologist then VP Exploration for Geomega Resources , Senior Geologist for Geonordic Technical Services and Geologist for SOQUEM . Mr. Cayer contributed directly to the discovery of the Éléonore gold deposit as Project Manager for Virginia Gold Mines, from the initial discovery of the Roberto Zone in 2003 to the sale of the mining project to Goldcorp in 2005. For this disco...

Highlights 12 months 2023, Auriant Group Amounts in parentheses refer to the same period in the previous year. Gold production in line with the mine plan - 668.3 kg /21,486 oz Gold sales 603.9 kg /19,415 oz Consolidated revenue US$ 37.3 mln Net loss after tax US$ -7.0 mln EBITDA US$ 8.4 mln Net cash flow generated from operating activities US$ 4.8 mln Average selling price for gold US$ 1,923 per oz As of 1 January 2023 the Group changed its functional currency from the US Dollar to Russian Rouble. For all Russian entities the functional currency is the Russian Rouble . The functional currency of the parent company is Swedish Krona . The presentation currency is USD . In December the terms of the Golden Impala Limited bond were changed as follows: - 12 months grace period on interest accrua...

Nexus Uranium is pleased to announce it has acquired a significant historical data set covering its Wray Mesa uranium project. The database includes results from extensive historical exploration by Atlas Minerals in the 1970's and 1980's covering the Wray Mesa project and surrounding area. The acquisition of the database was facilitated by the project optionor, Basin Uranium Corp., with the acquisition and analysis costs counting towards the Company's exploration expenditure requirements under the option agreement for the project.

Copper Fox Metals Inc. is pleased to provide its shareholders an outline of the 2024 program for the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia. The Schaft Creek project is managed through the Schaft Creek Joint Venture . Teck Resources Ltd. is the Operator of the SCJV and holds a 75% interest with Copper Fox holding the remaining 25% interest. 2024 Program Highlights: The objective of the program is to advance the key project parameters to transition the project from Scoping to Prefeasibility Study stage by the end of 2024 or early in 2025. Planned expenditures in 2024 are C$18.7 million to be fully funded by Teck. Technical Activities: Completion of the metallurgical testwork program currently underway 4,500m of dr...

Benjamin Hill Mining Corp. is pleased to announce assay results from the inaugural diamond drill holes that intercepted 211.65 metres of 0.46 grams/tonne gold in extensive porphyry style mineralization at the Alotta gold-copper-molybdenum target in the west-central Yukon . Table: 1 Hole Number From To Interval * Au Cu ALT-23-01 7.35 219.00 211.65 0.46 0.02 including 97.55 120.00 22.45 1.20 0.02 including 104.97 105.61 0.64 9.94 0.32 ALT-23-02 62.86 162.00 99.14 0.30 0.02 * Posted intervals are core lengths, the orientation of mineralization is not known at this time. Holes ALT-23-01 and ALT-23-02 tested the south-central portion of an induced polarization, chargeability high with coincident copper and gold in soil anomalies. The drill program is expected to recommence in May ...

Key Highlights: Pancake Creek - Golden Shield intersects 90m shear zone in the second of three diamond drillholes at Pancake Creek. Mazoa Hill - Golden Shield intersects 15 m at 1.40 g/t Au from 14.5 m depth and 16 m at 1.01 g/t Au Incl. 8 m at 1.23 g/t Au from 71 m depth in initial drill results from the first 100 m of hole MH-24-40. Golden Shield has now drilled 1336m in 6 drillholes at the Marudi Mountain property in 2024. Golden Shield Resources Inc. is pleased to report positive drill results and provide an initial update on the ongoing diamond drill program occurring at the company's flagship Marudi Mountain Property . The Company intersected a 90m shear zone with a chlorite-pyrite-pyrrhotite assemblage that is seen to host gold in the FQ unit, in hole PAN-24-42 at the ...

and HOUSTON, Feb. 29, 2024 /CNW/ - International Battery Metals Ltd. , is pleased to announce that it has completed its previously announced initial private placement financing with EV Metals VI LLC , in which it issued 2,702,400 units of the Company at a price of C$1.00 per Unit, for gross proceeds of USD$2 million . Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to acquire one additional Common Share at an exercise price of C$1.25 per Warrant Share, until March 1, 2026. The proceeds from the Initial Closing will be used by the Company to fund its current obligations for the deployment of its modular direct lithium extraction plant in the western United States as previously announc...

Lithium Corp. , a North American exploration mining company focused on energy metals for the growing energy storage sector and high-tech industries, is pleased to advise investors the Company recently expanded its internal geological expertise and knowledge with the engagement of Ken Tullar, CPG, in the role of Exploration Manager, Lithium Corp.. Mr. Tullar brings more than 35 years of professional mineral exploration & development experience in western North America, from Alaska to Mexico, with an emphasis on Nevada. His extensive background in geology, structure, geochemistry, hydrochemistry and geophysics, and specific knowledge of the Great Basin, makes him a valued asset as Lithium Corp. charts a path to expanding and developing its portfolio ...

Tocvan Ventures Corp. , is pleased to announce reverse circulation drilling is set to commence at its road accessible Pilar gold-silver project in the mine-friendly State of Sonora, Mexico. After a year hiatus of drilling to focus on bulk sampling and land consolidation, the Company will now begin systematic drilling for resource definition and additional targeting across the Pilar property. The initial focus will be on infill and step-out targeting within and adjacent to the Pilar Main Zone including where previous drill campaigns successfully discovered the southern extension of the Main Zone, returning 108.6 meters of 0.8 g/t Au, including 9.4 meters of 7.6 g/t Au and 5 g/t Ag. Sonora is one of the most cost-effective jurisdictions for exploration and development. The Comp...