Canada Carbon Inc. is pleased to announce it has successfully completed half-cell battery testing of its graphite material with Polaris Battery Labs. Flake graphite provided for this testing was provided from Canada Carbons Miller Graphite Mine projec. Coin cells for Canada Carbon were assembled and tested by Polaris Battery Labs against a commercially available graphite baseline material for comparison. Both sets of cells were assembled using a lithium metal counter electrode, Wattman glass fiber separator and 1M LiPF6 in 3:7 EC:EMC electrolyte. The coin cells were tested according to Polaris' Batch Qualification regime to determine the first cycle loss, reversible capacity, and other key electrochemical parameters. Canada Ca...

EV Minerals is pleased to announce initial results of its previously announced Phase 1 desktop compilation at the EV Nickel-Copper-Cobalt Project. The Phase 1 desktop compilation is part of the 2023 exploration program and focused on re-interpretation of historical drilling and regional geology to produce detail near-term and long-term exploration plans and targets. EV Minerals will also be able to combine desktop data with new drilling data when assays are returned from confirmatory drilling recently completed.

Production in 2024 is expected to be 120,000 to 140,000 ounces gold equivalent . The second half of the year is expected to be the strongest, as operations progressively ramp up ahead of the new 1.2 million tonnes per annum Stage 3 Process Plant commissioning, scheduled for the end of Q1 2025. Cash costs between $820-$880 per ounce gold and all-in sustaining costs of $1,440-$1,540 per ounce gold forecasted for 2024. The moderate increase from 2023 guidance for cash costs and AISC is driven by increased accelerated operating and capital development for the Stage 3 and 4 Expansions in addition to development and equipment that was planned for 2023 being completed/delivered in 2024. As outlined in the Integrated Development Plan , we expect a very significant reduction in cash costs and AISC ...

Highlights Firm commitments received via an institutional placement to raise gross proceeds of A$13.5 million at an issue price of A$0.30 per share Strong support received from existing shareholders and new institutional investors Placement provides significant runway for American Rare Earths to execute on project development milestones to advance Halleck Creek towards providing secure supply of critical minerals to the North American supply chain DENVER, Feb. 22, 2024 -- American Rare Earths Ltd. is pleased to announce that it has received firm commitments for a placement of 45 million new fully paid ordinary shares at an issue price of A$0.30 to raise A$13.5 million . The Placement was strongly supported by new and existing institutional, professional, and sophisticated inv...

Zimtu Capital Corp. wishes to retract its news release dated February 21, 2024 announcing that Zimtu would provide its ZimtuADVANTAGE program to NevGold for a period of one year. The news release was issued in error. About Zimtu Capital Zimtu Capital Corp. is a public investment issuer that aspires to achieve long-term capital appreciation for its shareholders. Zimtu Capital companies may operate in the fields of mineral exploration, mining, technology, life sciences or investment. The Company trades on the TSX Venture Exchange under the symbol "ZC" and Frankfurt under symbol "ZCT1". For more information visit: www.zimtu.com. On Behalf of the Board of Directors Zimtu Capital Corp. "Sean Charland" Sean Charland President & Director Tel: 604.681.1568...

Western Copper and Gold Corp. is pleased to announce the appointment of Mr. Sandeep Singh as Chief Executive Officer of the Company, effective immediately. Mr. Singh will work closely with Dr. Paul West-Sells, who will continue in the role of President in connection with the succession process. Further, Mr. Kenneth Williamson has retired from his role as Director and Interim Chairman. Current board member, Dr. Bill Williams, has taken on the role of Interim Chairman as the Company searches for a replacement. As a highly respected mining professional with 20 years of sector expertise, Mr. Singh adds meaningful capital markets and strategic expertise to the Company. He was previously the President and CEO of Osisko Gold Royalties, where he led the successful turnaround of the co...

Centerra Gold Inc. announced today that its Board of Directors has approved a quarterly dividend of C$0.07 per common share - approximately C$15.1 million or US$11.2 million. The quarterly dividend is payable on March 27, 2024, to shareholders of record as of the close of business on March 13, 2024. The dividend is an eligible dividend for Canadian income tax purposes. In accordance with Centerra's dividend policy, the timing and quantum of dividends are to be determined by the Board of Directors from time-to-time based on, among other things, the Company's operating results, cash flow and financial conditions, current and anticipated capital requirements, and general business conditions. About Centerra Gold Centerra Gold Inc. is a Canadian-based gold mining compa...

Centerra Gold Inc. today reported its fourth quarter and full year 2023 operating and financial results. President and CEO, Paul Tomory, commented, "Centerra delivered a strong finish to 2023, producing 350,317 ounces of gold and 61.9 million pounds of copper in the full year, with Mount Milligan achieving the highest mill throughput since the start of operations in August 2013. We met our revised 2023 production and cost guidance, and ended th...

DFR Gold Inc. announces that it has entered into an agreement with Mr. Brian Kiernan pursuant to which Mr. Kiernan has agreed to provide a US$500,000 loan to the Company . The Company intends to use the Loan for general working capital purposes. The Loan carries an eight percent annual interest rate and, together with the interest, is repayable in full on January 31, 2025 . DFR shall prepay the Loan upon receipt of the proceeds of any debt, equity, or other financing in excess of US$2,000,000 that occurs prior to the Final Repayment Date. Brian Kiernan holds 36.5% of DFR's outstanding shares and is a Director of the Company, and as such, the Loan constitutes a related party transaction as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in...

Eldorado Gold Corp. provides detailed 2024 production and cost guidance and four-year production outlook. All financial figures stated within this release are in U.S. dollars unless otherwise stated. 2024 Guidance Highlights Gold production of 505,000 to 555,000 ounces, representing a 9% increase from 2023 gold production . Total cash costs of $840 to $940 per ounce sold. All-in sustaining costs of $1,190 to $1,290 per ounce sold. Growth capital of $497 to $569 million, including $375 to $425 million towards the advancement of the Skouries project. Sustaining capital of $135 to $160 million. Exploration expenditures of $27 to $30 million, focused on resource conversion drilling at the Lamaque Complex and Efemcukuru, resource growth and discovery programs in Quebec, Turkiye and ...

Mountain Province Diamonds Inc. wishes to provide guidance for 2024, as well as details for its fourth quarter and full-year 2023 earnings release and conference call. All figures are expressed in Canadian dollars unless otherwise noted. 2024 Guidance The Company wishes to provide operating and cost guidance for 2024, as follows: 36 - 39 million total tonnes mined 4.1 - 4.6 million ore tonnes mined 3.4 - 3.6 million ore tonnes treated 4.2 - 4.7 million carats recovered Production costs of $124 - $136 per tonne treated Production costs of $96 - $107 per carat recovered Sustaining Capital Expenditure of $11 million As part of the Company's year-end 2022 news release disseminated on March 22, 2023 , a 2024 production outlook was provided. The production outlook provide...

Eldorado Gold Corp., today reports the Company's financial and operational results for the fourth quarter and year ended December 31, 2023. For further information please see the Company's Consolidated Financial Statements and Management's Discussion and Analysis filed on SEDAR+ at www.sedarplus.com under the Company's profile. Q4 2023 and Full-Year Summary Operations Gold production: 143,166 ounces in Q4 2023 reflecting continued improvements across the portfolio. Full year production of 485,139 ounces in 2023 was at the midpoint of the tightened guidance range and an increase of 7% from 2022 production of 453,916 ounces, driven by operational upgrades at Kisladag and increased productivity at Olympias. Gold sales: 144,827 ounces in Q4 2023 at an average realized gold price pe...

and HOUSTON, Feb. 22, 2024 /CNW/ - International Battery Metals Ltd. , is pleased to announce that it has received a binding commitment from EV Metals VI LLC, a private company controlled by Jacob Warnock to provide immediate private placement financing of US$2 million to 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 announced on January 11, 2024. The Company is also pleased to announce that it has appointed Jacob Warnock to the Company's board of directors, effective today. Pursuant to a binding term sheet entered by the Company and EV Metals on February 20, 2024, EV Metals has agreed to an initial closing of not less than US$2,000,000 for units of the Compan...