Newlox Gold Ventures is pleased to announce that, following the connection of high-voltage power, it has completed testing of equipment at its Boston Project in Costa Rica and has started commissioning work in anticipation of commercial operations. During the first week of February, Newlox Gold's engineering team worked in partnership with technicians from the state-owned Costa Rican power company to test power systems at the Company's processing plants and ensure a successful start-up of equipment. Having confirmed nominal performance of all electrical circuits, the operations team moved on to equipment testing last week. Management is pleased to report that the crushing and milling equipment is now operating, and the operations team have...

Altiplano Metals Inc. is pleased to report on the progress at the El Peñón processing facility located approximately 15 kms from the Farellon copper-gold mine, 35 kms south of La Serena, Chile. As part of the ongoing optimization process at the processing facility, several refinements focusing on the milling and flotation processes have been completed for the crushing, milling, and flotation circuits. These adjustments were designed to improve the overall milling process efficiencies and resulted in enhanced productivity, together with increased production of concentrates while completing ongoing adjustments. This work included: Gearing replacement, transmission alignment, and mechanical adjustments for the two ball mills to optimize spin rate and particle grinding. New instr...

Collective Mining Ltd. is proud to announce positive results from a program developed through a strategic alliance with SENA, the Colombian Government's National Learning Service. The program, which was launched in 2023, was designed to strengthen the capacity of rural women from the towns of Marmato and Supía in the department of Caldas, Colombia by providing educational training programs in a variety of professions such as community tourism and textile apparel design and management. To date, more than 280 women have graduated from the various courses offered as part of the program and have joined the local labor force resulting in a positive impact on economic diversity and capacity in the region. Óscar Andrés Maldonado, Director of SENA in Caldas points out the importance ...

Ascot Resources Ltd. is pleased to provide a construction update on the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Project construction was 86% complete as of December 31, 2023 and is currently nearing completion, with first ore delivery to the mill anticipated by the end of March 2024, and first gold pour anticipated in April. Derek White, President and CEO, commented, "With Project construction nearing completion and early commissioning underway, we eagerly anticipate progressing to the production and operations phase at the Premier Gold Mine. The Project also accomplished an impressive safety milestone having surpassed one million hours without a lost time incident, along with an...

Ascot Resources Ltd. is pleased to announce that the Company has closed its financing for a total of US$50 million from Sprott Resource Streaming and Royalty Corp. and/or its affiliates and Nebari Natural Resources Credit Fund II, LP , as further described in the Company's news release dated January 22, 2024. Concurrently, the Company closed its previously announced bought deal private placement financing with a syndicate of underwriters co-led by BMO Capital Markets and Desjardins Capital Markets , and including CIBC World Markets Inc., Raymond James Ltd. and Velocity Trade Capital Ltd. . Under the bought deal financing, the Company issued a total of 65,343,000 common shares of the Company at a price of C$0.44 per Common Share, for gross proceeds of approximately C$29 millio...

Nevada Exploration Inc. announces the assays for drillhole SGVC014A at its South Grass Valley property, property acquisition negotiations, addition of directors, and a private placement financing. As previously released, the Company began drilling SGVC014 in March 2022. The drillhole was stopped at 574 metres due to broken ground conditions that sheared the drill rods, after which the drillhole was redrilled and sampled from 438 to 1,048 metres as SGVC014A. SGVC014A entered the targeted Hales Formation at 805 metres, which continued until the bottom of the drillhole at 1,048 metres, providing a 243-metre-thick sample of the Hales below the Goodwin contact. Though the Hales represents a highly favourable Carlin-type host unit, SGVC014A encountered little evidence that it suppo...

EDM Resources Inc. today announced that it has appointed Eugene Chen as an independent director to the board effective February 16, 2024. The appointment of Mr. Chen is part of the Company's initiative to expand the skill set and broaden the experience, governance and independence to the Board of Directors. The Company's President & CEO, Mr. Mark Haywood, commented: "On behalf of the Company, we are extremely pleased to welcome Eugene Chen to EDM's board. Eugene is a seasoned securities lawyer with a wealth of experience in the Capital markets and the mining industry in Canada. As EDM evolves from a developer to a producer, we recognize that we need to expand our skills set and experience at the board level. We look forward to working with him and are confident that he will ma...

Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, today announced it has joined the Webull Corporate Connect Service platform to build an online community and foster increased dialogue with its shareholders. Foremost Lithium's portal on Webull's CCS provides a unique community-driven experience and direct line of communication to the Company's investor relations team for current and prospective investors. Followers on the platform are provided with updates regarding new corporate announcements including company press releases, media mentions, earnings reports and investor calls. Followers can also take advantage of the Q&A feature to directly ask questions to the participating companies and engage with fellow investors b...

Progressive Planet Solutions Inc. , a leader in developing CleanTech solutions for the planet, announces it has completed the sale of equipment to CarbonIP Technologies Inc. previously announced in a news release dated February 7, 2024 . The Company has received final approval from the TSX Venture Exchange for the completion of the Transaction. The Company entered into an equipment purchase agreement with CarbonIP dated February 5, 2024, whereby the Company is selling its redundant and unused 1998 Coreco 1225 Thermal Processing Kiln to CarbonIP for a total purchase price of $70,000. CarbonIP is owned by Dave Richardson, who owns approximately 25% of the shares of Progressive Planet making this a related party transaction. The purchase price was agreed upon between the parties...

Ashley Gold is pleased to provide an update on 2024 exploration plans on the Dryden area assets. Drilling at Burnthut is expected to commence in May of this year with new Induced Polarity planned in April. Highlights Drill Program on newly acquired Burnthut Property Gradient IP survey on Howie Project Airborne EM and Magnetic Compilation on Tabor and Sakoose Darcy Christian, CEO of Ashley comments "We are excited to get back out on the properties this spring. We have been busy with permit applications for drilling and geophysical surveys on the Properties which will allow us to hit the ground running." Click Image To View Full Size Figure 1 - Howie Gradient IP survey line locations, proposed drill locations, and Katisha stripping and trenchin...

Rise Gold Corp. announces that the Nevada County Board of Supervisors adopted a resolution , in a public hearing on Friday, February 16, 2024 , denying the Company's application for a Use Permit to allow the re-opening of the Idaho Maryland Gold Mine and not certifying the Final Environmental Impact Report . The Supervisors cited undefined mining disasters, impacts to water wells, noise, vibrations, and other concerns as reasons for the denial. Importantly, these risks were analyzed extensively by the County's FEIR, which concluded that there would be no significant impacts from them to the County. During the Hearing the Supervisors own consultant, Nick Pappani of Raney Planning and Management, stated "the level of technical analysis and peer review through this process in my...

Kenorland Minerals Ltd. is pleased to announce final drill results from the 2023 fall drill program at the Frotet Project , located in northern Quebec. The Company also announces that, further to its press release dated January 16, 2024, it has completed the exchange with Sumitomo Metal Mining Canada Ltd. of the Company's 20% participating interest in the Frotet Project for a 4.0% net smelter return royalty on all minerals extracted from the Project. Assays from the 20 drill holes, totaling 11,918m of drilling completed during the 2023 fall drill program, are reported herein. Highlights include the following: 23RDD185: 19.25m at 19.95 g/t Au incl. 1.90m at 106.48 g/t Au at R6 23RDD177: 1.00 m at 174.54 g/t Au incl. 0.30m at 579.30 g/t Au at R1 23RDD193: 35.45m at 2.90 g/t Au ...

District Metals Corp. is pleased to announce that District and Boliden Minerals AB have approved an exploration budget of CDN $2.0M on the Tomtebo and Stollberg Properties for 2024. District is the operator of the Tomtebo-Stollberg collaboration, and the Company has commenced core drilling at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. Highlights: The approved 2024 Exploration Budget of CDN$2.0M for the Tomtebo and Stollberg Properties will cover historical compilation work, geological mapping, geochemical sampling, ground magnetic and electromagnetic surveys, historic drill core review, and core drilling. The planned core drill program for the Tomtebo Property comprises 2,250 m in six to eight drill holes w...