ROUYN-NORANDA, QC, Feb. 26, 2024 /CNW/ - Visible Gold Mines Inc. announces the voting results of its annual and special meeting of shareholders held on February 22, 2024 . At the Meeting, the shareholders elected Martin Dallaire, Sylvain Champagne, Pierre Vézina and Joel Gagné as directors of the Corporation. Following the Meeting, the Board of Directors of the Corporation re-appointed Martin Dallaire as President and Chief Executive Officer of the Corporation, Sylvain Champagne as Secretary and Chief Financial Officer of the Corporation. In addition, shareholders also approved resolutions ratifying and confirming the Corporation's stock option plan and re?appointing Raymond Chabot Grant Thornton LLP, Chartered Professional Accountants, as the auditor of the Corporation. The ...

Pasofino Gold Ltd. is pleased to announce the start exploration Bukon Jedeh, a target area at the Company's Dugbe gold project, with the commencement of fieldwork and the mobilisation of the drilling rig, with drilling expected to commence in March 2024. Highlights Bukon Jedeh is 10 km southeast of the Company's Dugbe Gold Project . It is [located on a] a 4.1km trend of highly productive artisanal gold mining. Presently there are over 10 [small scale operations with gold being extracted from bedrock up to 60 m below surface. Despite the abundance of gold and a long history of production, the geology and the potential of the area are not well understood. The area was incorporated into Pasofino's Mineral Development Agreement in November 2020. Reverse Circulation drill-holes dr...

Ivanhoe Mines recognized profit of $303 million, record normalized profit of $388 million and record adjusted EBITDA of $604 million in 2023 Kamoa-Kakula recognized record annual revenue of $2.70 billion and record EBITDA of $1.68 billion in 2023 Kamoa-Kakula milled a record 8.54 million tonnes in 2023 at an average grade of 5.23% copper Kamoa-Kakula produced 393,551 tonnes of copper in concentrate in 2023, achieving its production guidance range despite intermittent grid instability Kamoa-Kakula reported cash cost of $1.45 per lb. copper in 2023, at the mid-point of guidance range Phase 3 concentrator project 82% complete and ahead of schedule for targeted ramp-up in June 2024; smelter complex 76% complete and on schedule for commissioning in Q4 2024 Kamoa-Kakula best-in-class carbon emis...

Trailbreaker Resources Ltd. is pleased to announce the expansion of the Liberty property through claim acquisition and staking. The property is now 5,054 hectares in size, covering the mapped granitic intrusion, the copper-molybdenum porphyry and Cu skarn targets, as well as an additional epithermal gold target. In addition, an existing drilling permit for the Liberty property has been transferred to Trailbreaker. The permit allows Trailbreaker to conduct a first-pass drilling program to test the Liberty Cu-Mo porphyry target. Trailbreaker has initiated a "Request For Proposal" process with drill contractors to conduct a drilling program at Liberty in spring, 2024. This would allow for immediate follow-up exploration if results are favourable. Message from the President "By e...

Karora Resources Inc. is pleased to announce that the initial results from the 50C infill drilling program, aimed at upgrading and extending the 50C Nickel Mineral Resource, have returned strong intercepts with some of the highest grade nickel intersections to date at Beta Hunt. The first set of drilling results from the current 50C program demonstrate the potential for additional high-grade nickel mineralization associated with the Gamma Block Nickel Mineral Resource. Highlights from six drill hole results1 received to date are summarized below: G50-22-26NE: 8.2% Ni over 5.1 metres, including 13.7% Ni over 2.6 metres G50-22-27NE: 12.0% Ni over 2.9 metres G50-22-23NE: 8.8% Ni over 3.3 metres G50-22-25NE: 15.4% Ni over 0.6 metres G50-22-28NE: 4.1% Ni over 1.2 metres Estimated ...

Ranchero Gold Corp. is pleased to announce that further to its press releases dated December 27, 2023 and January 18, 2024 the Company held a special meeting of its shareholders on February 22, 2024 to seek approval for the disposition by Minera y Metalurgia Paika, S.A. de C.V.'s, a subsidiary of Ranchero, interests in four mineral licenses covering the Company's Santa Daniela property . A total of 41,653,711 common shares, representing 63.36% of the Company's outstanding shares were represented at the special meeting. The resolution put to shareholders related to the Disposition passed, with 99.99% of the shareholders represented at the meeting voting in favor. The Disposition remains subject to final TSX Venture Exchange approval. Furthermore, the remaining US$1,892,000 nea...

TORONTO, February 26, 2024 - On January 9, 2024 AFR NuVenture Resources Inc. [TSXV:AFR] announced that it has been granted a Mineral Exploration Licence through its director and Qualified Person , Doug Hunter, to exercise the right to search and prospect for all minerals saving and excepting coal, uranium and geothermal resources to extract minerals for test purposes and to apply for a mineral lease for all or part of the area held under the exploration licence, for a period not exceeding 24 months from the date hereof, within that area of ground situated in Richmond County, Nova Scotia, described as Mary Anns Lake near the historic Stirling Mine in Cape Breton Island, Nova Scotia. The Company wishes to provide an update on its exploration plans for the Property. The Company ...

Appia Rare Earths & Uranium Corp. announces results from its 2023 Diamond Drill Hole #1 in the NE zone within Target IV at its PCH IAC REE project in Brazil. The exploratory drill hole aimed to assess the continuity of the alkali breccia present through depth, reaching a total depth of 243.25 metres and collar coordinates 480,250.3E 8,193,820.9N . Results have revealed a true thickness of approximately 217 metres, inclined at -63 degrees. Stephen Burega, President, commented, "The findings from the ionic clay and saprolite weathered profile on PCH-DDH-001 underscore the exceptional potential of the target zone. The weathered profile along the hole extended to approximately 20 meters of true thickness yielding concentrations of 5,548 ppm or 0.55% Total Rare Earth Oxide , 1,420...

Atomic Minerals Corp. is pleased to report optionee Kraken Energy Corp. has mobilized for Phase 1 drilling at the Harts Point Uranium Property located in San Juan County, Utah. The Phase I drilling program will explore the property from two drill pad locations over a 5-km strike length targeting the favorable uranium bearing Chinle Formation host rock where three historical oil wells returned "off-scale" radioactivity. "We are extremely excited optionee Kraken Energy is executing Phase I drilling at Harts Point," commented Clive Massey, President & CEO of Atomic Minerals. "This drilling will test the off-scale radioactivity encountered in historic oil and gas drill holes at Harts Point probing the project's exceptional potential to discover a trend of high-grade uranium deposi...

Canadian Critical Minerals Inc. is pleased to report that it has received an amended operating permit for its Bull River Mine project near Cranbrook, BC from the Major Mines Permitting Office of the Ministry of Energy, Mines and Low Carbon Innovation of British Columbia. The amended Mine Permit M-33 provides authorization for the Company to perform screening, crushing and sorting activities in addition to current activities that include care and maintenance, exploration drilling and ground water well installation and monitoring. Previously, the Company announced that it had entered into an Ore Purchase Agreement with New Afton . Under the terms of the OPA, CCMI will deliver up to 90,000 tonnes of mineralized material from the BRM to New Afton over a period of two years. The C...

Highlights Hot Chili has completed a Water Supply Concept Study for the Huasco valley region of Chile, confirming the potential for a large, multi-user, desalination water supply network Hot Chili holds the only active granted maritime water concession and most of the necessary permits to provide critical water access to the Huasco valley region Huasco valley region contains six major undeveloped copper projects and two new large-scale greenfield copper discoveries, all of which require desalinated water supply Water Supply Business Case Study now underway to assess a potentially 100% renewable energy driven desalination water business to supply community, agricultural and new mining demand of up to 3,700 litres per second over the long-term Staged water network development being studied, ...

Renegade Gold Inc. is pleased to report initial results from the first three drillholes at its advanced Newman Todd Deposit. All three drillholes successfully intercepted high-grade mineralization and have provided further evidence for deep-rooted high-grade structures, which remain open along strike and at depth. News Highlights Hole NT-23-001 intersected 1.63 g/t Au over 34.1 m, including 8.35 g/t Au over 3.5 m. This confirms high-grade in the Hinge Fault corridor to a depth of 400 m below surface . Hole NT-23-002 intersected 2.02 g/t Au over 41.5 m, including 5.00 g/t Au over 9.5 m and 3.62 g/t Au over 3.5 m, extending known mineralization more than 200 m below previous intercepts, to a depth of over 550 m below surface . Hole NT-23-003 intersected 2.33 g/t Au over 41.9 m,...

Xplore Resources Corp. is pleased to announce its participation in the 2024 PDAC Convention in Toronto, Canada. PDAC Event and Booth Details Event: PDAC 2024 Date: March 3 - 6, 2024 Location: Investors Exchange, Metro Toronto Convention Centre, Toronto, Canada Booth Number: 3142 Booth Hours Sunday, March 3, 10:00 am - 5:00 pm Monday, March 4, 10:00 am - 5:00 pm Tuesday, March 5, 10:00 am - 5:00 pm Wednesday, March 6, 9:00 am - 12:00 pm Company Website: www.xploreresources.com About Xplore Resources Xplore Resources is a North American lithium exploration company listed on the TSX Venture Exchange under symbol XPLR. The company has a prospective land package in the emerging Root Bay lithium district located in northwest Ontario. Xplore's flagship property is the Surge lithium ...