Kraken Energy Corp. is pleased to report that the Company has mobilized for drilling at the Harts Point Uranium Property in San Juan County, Utah. The Phase I drilling program will explore the property and drill up to 1,000 meters 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. CEO Matthew Schwab stated: "As we resume our phase I drilling program at Harts Point our team is very excited to properly test the extensive off-scale radioactivity encountered in historic oil and gas wells on the property. With proximity to significant historical uranium production, and existing infrastructure for potential future milling capacity, the property...

Premium Nickel Resources Ltd. is pleased to report additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Previous results for 34 holes were released in 2023 on November 14, November 27 and December 19 and in 2024 on January 18, January 30 and February 13. Results for a further three holes are released herein. To date a total of 37 holes have been released representing an aggregate of approximately 13,602 metres including the holes and metres released herein. Details of the assay results are shown below along with accompanying visuals accessible via the following link https://premiumnickelresources.ca/investors/news-releases/. Drill core photos for all highlighted holes released to date, including the holes repo...

HIGHLIGHTS Construction of Atlas Lithium's modular dense media separation lithium processing plant remains on schedule for delivery to Brazil in Q2 2024 with first commissioning and production of lithium concentrate expected in Q4 2024. Atlas Lithium's team of DMS experts is utilizing a compact, modular design of the plant to expedite construction and reduce its footprint and weight compared to less optimal designs. Atlas Lithium's plant progress bodes well for its goal to generate revenues by Q4 2024. As previously announced, Atlas Lithium has secured binding offtake agreements with key partners Chengxin and Yahua, who have committed US $50 million for the right to purchase 80% of Phase 1 production capacity. Atlas Lithium Corp. , a leading lithium exploration and developmen...

Great Pacific Gold Corp. is pleased to announce that drilling has commenced to follow up on the Company's recent high grade Comet gold discovery at the Lauriston Gold Project in Victoria, Australia. The discovery hole at Comet was drilled with a reverse circulation drill rig with the intercept assaying 8m at 106 g/t Gold including 5m at 166 g/t Gold including 2m at 413 g/t Gold including 1m at 468 g/t Gold and 1m at 358 g/t Gold . These follow-up holes to the discovery will be drilled using a multi-purpose rig for RC percussion and diamond drilling, and have been designed to test the down-dip extension of the west dipping mineralized structure and for mineralization further north of the discovery. Comet, where the high-grade zone discovery hole was drilled, has epizonal chara...

Prosper Gold Corp. is pleased to announce that the Company has acquired an additional 60,512 hectares by means of staking to increase the Cyprus Project land position to 61,880 hectares. "The acquisition of 150,000 acres of prospective ground in north-central British Columbia establishes the Cyprus Project as one of the largest in the region," commented Peter Bernier, CEO. "The exploration potential of this newly acquired ground is bolstered by the presence of significant copper-gold mineralization at the Kaza and Northstar prospects. We will be systematically exploring this ground, beginning with a district-scale ZTEM survey covering 675 km2, generating targets under cover and at depth." The Cyprus Project The road-accessible Cyprus Project is situated in north-central Briti...

Barsele Minerals and Gold Line Resources are pleased to announce, further to the news release dated December 13, 2023, the successful completion of the merger transaction pursuant to which Barsele has acquired all of the issued and outstanding common shares of Gold Line by way of a court-approved plan of arrangement. Pursuant to the Arrangement, the holders of the issued and outstanding Gold Line Shares received 0.7382 of a Barsele common share for each one Gold Line Share held. Immediately prior to completion of the Arrangement, PI Financial Corp. was issued 1,151,450 Gold Line Shares at a deemed price of $0.0865 per Gold Line Share, which converted to 850,000 Barsele Shares upon completion of the Arr...

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 ...