ROUYN-NORANDA, QC, Feb. 21, 2024 /CNW/ - Comet Lithium Corp. is pleased to report and provide results from the gravity field survey completed in 2023 on its 100% owned flagship lithium Liberty property . Comet Lithium has identified multiple high-priority drill targets in the southwestern corner of the Liberty Property. Vincent Metcalfe, Executive Chair and CEO of Comet Lithium, commented "Our 2023 gravity survey yielded monumental results, revealing a target akin to the Jamar pegmatite, and setting the stage for our 2024 drill program. We are extremely pleased with this milestone, especially since several high-priority areas remain to be surveyed in the near-term and could yield further positive results." Data acquisition and interpretation was completed under the supervisio...

i-80 Gold Corp. is pleased to announce that it has closed the first tranche of its non-brokered private placement previously announced on February 7, 2024. The Private Placement was oversubscribed due to strong investor demand, and the Company raised gross proceeds of C$21,580,567.20 through the issuance of 11,989,204 common shares at a price of C$1.80 per Common Share. The Company intends to use the net proceeds of the Private Placement for exploration and development of its mineral projects in Nevada, and for working capital and general corporate purposes. In addition, the Company has also received subscription agreements to purchase an additional 1,075,000 Common Shares under the Private Placement for additional gross proceeds of C$1,935,000, which the Company expects to c...

Power Nickel is pleased to announce that the first hole of a drill program following up on the Wildcat high grade PGM intersection, appears to have encountered a mineralized zone similar to the previously announced May 10th 2023. The initial Hole PN-23-031A intersected multiple chalcopyrite stringers and veinlets, almost continuously in the first sixty metres of the drill hole. The thickness and density of these stringers increased at 60.50 to 68.25 m down the hole. The main mineralization is characterized by a high density of chalcopyrite veinlets and local massive chalcopyrite . The current hole encountered the zone at a depth of 168.5 m. Wildcat area represents an entirely new target t...

EcoGraf Ltd. is pleased to report it has signed a non-binding Memorandum of Understanding with BASF, which sets out a framework for EcoGraf to support BASF's recycling R&D in Europe with its anode recycling capability to accelerate the objective of enabling a circular economy and reducing CO2 emissions. The agreement follows an initial positive testwork program and provides for EcoGraf to: Utilise its proprietary purification process to recover anode material from BASF's leached black mass generated from production scraps and end-of-life lithium-ion batteries, to produce product samples for customer evaluation within the battery and industrial markets. Support the anode recycling pr...

Confirms New Higher-Grade, near Surface Zone North of the Current Inferred Resource Carlyle Commodities Corp. is pleased to announce results from its most recent diamond drill program at the Newton Gold & Silver Project. The drill program completed 840 metres of drilling across 7 drill holes, and tested multiple high priority targets with aims of increasing both tonnage and ounces of gold and silver in the Company's current National Instrument 43-101 - Standards of Disclosure for Mineral Projects Newton Project Inferred Resource Calculation. Highlights The Company has confirmed a new, near surface, higher grade gold and silver bearing zone to the north of the current inferred mineral resource, which the Company now calls the Halo area and which remains open in multiple direct...

Fortitude Gold Corp. announced multiple wide, high-grade gold drill intercepts at its East Camp Douglas North target. Intercepts include 1.52 meters grading 32.00 grams per tonne gold within 18.29 meters grading 4.28 g/t gold, 6.10 meters grading 4.23 g/t gold within 9.14 meters grading 2.92 g/t gold, and 41.15 meters grading 1.09 g/t gold. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield. East Camp Douglas North drill highlights include : Hole# ECDRC-085: 6.10 m of 1.25 g/t gold incl. 3.05 m of 2.06 g/t gold Hole# ECDRC-096: 41.15 m of 1.09 g/t gold incl. 3.05 m of 4.11 g/t gold & 4.57 m of 2.37 g/t gold Hole# ECDRC-099: 13.72 m of 1.63 g/t gold incl. 3.05 m of ...

Northern Superior Resources Inc. is pleased to announce the nomination of Kyle Stanfield, a seasoned sustainability expert, as the Chief Executive Officer of its spinout company, henceforth known as ONGold Resources Ltd. , which will take ownership of Northern Superior's Ontario assets, namely the coveted TPK Project, the October Gold Project, currently under an Earn-in and Joint Venture Agreement with Evolution Mining Limited , Thorne Lake, Rapson Bay, and Meston Lake. ONGold is the resulting issuer from the previously announced transaction between the Company and 1348515 B.C. Ltd. Mr. Stanfield brings over 25 years of extensive experience in mineral exploration and project development with a particularly strong focus on project planning, indigenous consultation and agreemen...

London, 21 February 2024 - Endeavour Mining Plc announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. Aggregated information Dates of purchase: 20 February 2024 Aggregate number of ordinary shares of USD 0.01 each purchased: 35,000 Lowest price paid per share : 1,286.46 Highest price paid per share : 1,307.00 Volume weighted average price paid per share : 1,290.76 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 245,272,609 ordinary shares in issue. Therefore the total voting rights in the Company will be 245,272,609. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which th...

Highlights: The Company has completed its Phase 3 program at the White Willow Lithium Pegmatite Project. A total of 727 grab samples were collected as part of detailed mapping and prospecting over 10 weeks. The Company has successfully extended the potential strike of the LCT pegmatite trend to approximately >27 km, still open at both ends. Fractionation indicators suggest the dykes at Bingo and at Maple Leaf have reached spodumene-type degrees of fractionation. The Company intends on drilling newly identified targets from the Phase 3 Program and the 10 existing target pegmatites as part of its maiden drill program in the Spring. Select highlight results from targets identified to-date include up to 0.5% Li2O , 1,833 ppm cesium, 120,000 ppm tantalum and 4,100 ppm rubidium. [wp=4001]Usha...

Alaska Energy Metals Corp. announces that, subject to TSX Venture Exchange Approval, it has extended marketing contracts with two service providers and entered into new contracts with two other providers. In accordance with TSX-V Policy 3.4 - Investor Relations, Promotional and Market-Making Activities, details of each new engagement or renewal are discussed below. Virtus Media Group LLC Further to the Company's news release of November 6, 2023, the Company has renewed its engagement of Virtus to provide content creation and digital marketing services for a renewed period of 1.5 months, commencing in February 2024 until March 2024 for a total cost of USD $75,000 , which shall be paid upfront. The services rendered by Virtus will include Reddit distributions, featured editoria...

Vizsla Silver is pleased to announce that, further to its news release dated Jan 8, 2024, it has filed on SEDAR+ an independent technical report containing an updated mineral resource estimate on the Company's Panuco silver-gold project. The Technical Report has an effective date of Sept 1, 2023 and was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects by Allan Armitage, Ph. D., P. Geo., and Ben Eggers, MAIG, P.Geo. of SGS Geological Services and Peter Mehrfert, P.Eng of Ausenco. The Technical Report can be found under the Company's profile on SEDAR+ and is also available on the Company's website . Qualified Person The independent Qualified Person for the updated mineral resource estimat...

Rio Tinto announces that Simon McKeon will step down as a Non-Executive Director at the conclusion of the Rio Tinto Ltd. annual general meeting on 2 May 2024. Over the course of 2023, we announced the appointments of five new Non-Executive Directors as we continue to refresh the composition of the Board. As part of that phased transition, Simon McKeon has agreed to step down as a Director at the conclusion of our annual general meetings in 2024, and will not therefore seek re-election by shareholders. Rio Tinto Chair Dominic Barton said, "I am extremely grateful to Simon for his invaluable contribution. Having regard for his roles as Rio Tinto Ltd.'s Senior Independent Director and the Designated Director for workforce engagement, Simon has taken a particular inte...

Rio Tinto : At year end 2023 2022 Change Net cash generated from operating activities 15,160 16,134 % Purchases of property, plant and equipment and intangible assets 7,086 6,750 5% Free cash flow¹ 7,657 9,010 % Consolidated sales revenue 54,041 55,554 % Underlying EBITDA¹ 23,892 26,272 % Profit after tax attributable to owners of Rio Tinto ² 10,058 12,392 % Underlying earnings per share ¹, ² 725.0 824.7 % Ordinary dividend per share 435.0 492.0 % Underlying return on capital employed ¹, ² 20% 25% Net debt¹ 4,231 4,188 1% Rio Tinto Chief Executive Jakob Stausholm said: "The tragic loss of our four Diavik colleagues and two airline crew members in a plane crash last month is a devastating reminder of why safety is and must always be our top priority. We continue to work closely with the aut...