Maritime Resources Corp. is pleased to provide an update of the exploration potential and plans at its Point Rousse project in the Baie Verte mining district of Newfoundland and Labrador . The Point Rousse Project covers 57 km2 and has a long history of gold production and exploration with over 200,000 ounces of gold produced in the last 10 years. Maritime acquired the project from Signal Gold Inc. in August 2023, including the Pine Cove mill and tailings storage facility. Highlights: Review of the exploration potential at the recently acquired Point Rousse Project has identified several advanced gold targets with near-term cash flow potential Diamond drilling planned throughout 2024 at the Stog'er Tight, Deer Cove and Pine Cove projects to further define mineral...

Your vote is important no matter how many votes you hold. The Board of Directors of LUR unanimously recommends that Shareholders vote FOR the Arrangement Resolution. TORONTO, Feb. 15, 2024 -- Latitude Uranium Inc. is pleased to announce that leading independent proxy advisory firm, Institutional Shareholder Services Inc. recommends that Latitude Uranium shareholders vote "FOR" the resolution to approve the previously announced arrangement involving the Company and Atha Energy Corp. at the upcoming Special Meeting of Shareholders to be held on Tuesday, February 27, 2024 at 10:00 a.m. . John Jentz, Chief Executive Officer of Latitude Uranium, commented, "We are pleased that ISS supports the Board's unanimous recommendation that shareholders vote "FOR" the Arrangement Resolution...

Major Drilling Group International Inc. today reported that it will release its third quarter results, ended January 31, 2024 on Thursday, February 29, 2024, after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a webcast/conference call on Friday, March 1, 2024 at 8:00 a.m. Eastern to discuss the Company's third quarter results for fiscal 2024. To access the webcast, which includes a slide presentation, please go to the investors/webcasts section of the Major Drilling website at www.majordrilling.com and click on the link. Please note that this is listen-only mode. To participate in the conference call please dial 416-340-2217, Participant Passcod...

enCore Energy announced the appointment of Ms. Shona Wilson as Chief Financial Officer. Paul Goranson, Chief Executive Officer, stated: "On behalf of the entire enCore Energy team, it is a great pleasure to welcome Ms. Wilson. Ms. Wilson joins enCore at a time of continuing growth and her significant expertise in integrating companies and managing risk is a valuable addition to our strong organization. We also want to thank Dr. Dennis Stover for his assistance as Interim Chief Financial Officer during the transition." Ms. Shona Wilson, Chief Financial Officer With a distinguished career spanning over two decades in finance and operations within the energy sector...

Hole ALJ-23-004 returned broad zones of anomalous gold from surface to approximately 265 m downhole in mafic volcanics below the Aljo Mine workings along with high-grade zones with visible gold including: 3.65 grams of gold per tonne over 6.3 metres including 18.40 g/t Au over 1.1 m from 125.7 m downhole; and 13.35 grams g/t Au over 3.6 m, including 32.94 g/t Au over 1.4 m from 350.5 m downhole. A new footwall zone was intersected near the bottom of hole ALJ-23-004 , demonstrating that there is much more to the Aljo Mine system than historical data has indicated. Hole ALJ-23-011, a 200 m step-out from the Aljo Mine, returned multiple intervals of bulk tonnage gold mineralization in mafic volcanics with visible gold including 1.39 g/t Au over 19.0 m and 1.86 g/t Au over 17.5...

Achieves net income of $114.9 million and adjusted EBITDA of $180.0 million Declares a quarterly cash dividend of $31.6 million, or $1.65 per share Arch Resources Inc. today reported net income of $114.9 million, or $6.07 per diluted share, in the fourth quarter of 2023, compared with net income of $470.5 million, or $23.18 per diluted share, in the prior-year period, which included an income tax benefit of $253.3 million primarily associated with the release of a valuation allowance on the company's deferred tax assets. Arch had adjusted earnings before interest, taxes, depreciation, depletion, amortization, accretion on asset retirement obligations, and non-operating expenses 1 of $180.0 million in the fourth quarter of 2023. This compares to $256.5 million of adjusted EBITD...

Today, John Kerry, U.S. Special Presidential Envoy for Climate met with Norwegian Prime Minister, Jonas Gahr Støre, and Norwegian members of the First Movers Coalition in Oslo to discuss decarbonization of the world's heavy-emitting sectors. "Taken together, the First Movers Coalition represents a $16 billion demand signal for goods in 2030 - the largest private demand signal for clean technologies in history. These companies are making commitments to change the way we procure some of our most basic goods: steel, aluminum, concrete, as well as jet fuel and shipping. And our friends in Norway have been first movers even within this group, taking concrete and tangible actions to meet these commitments," said John Kerry, U.S. Special Presidential Envoy for Climate. FMC was launched at COP26 t...

Vista Gold Corp. today announced that it has appointed Mr. Michel Sylvestre as an independent director of the Company and increased the size of its Board of Directors from five to six. Mr. Sylvestre has also been appointed to the Health, Safety, Environment and Social Responsibility Committee of the Board. Mr. Sylvestre is a successful mining executive with over 45 years of international and domestic industry experience with major, mid-tier and junior companies. He retired in November 2022 from his position as Senior Vice President Americas at Kinross Gold Corp. Mr. Sylvestre is a director of Hochschild Mining plc and Nickel Creek Platinum Corp. Vista's Board Chair, Mr. Tracy Stevenson, commented, "We are pleased to welcome Mike Sylvestre ...

On the back of agreed-upon offtake agreements with Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , and General Motors Holdings LLC, a wholly owned subsidiary of General Motors Co. , Nouveau Monde Graphite Inc. has rallied Mitsui & Co., Ltd and Pallinghurst Bond Limited for an aggregate combined investment of US$87.5 million to advance its development toward commercial operations. Projected to become the first fully integrated natural graphite active anode material production of its kind in North America, NMG is set to provide a carbon-neutral, reliable, sizeable, and ESG-driven source of Canadian natural graphite for the local electric vehicle and lithium-ion battery market. This press release features multimedia. View the full relea...

Nouveau Monde Graphite Inc. and General Motors Holdings LLC , a wholly owned subsidiary of General Motors Co. , have agreed to sign a supply agreement upon closing of the Tranche 1 Investment, in which NMG will provide 18,000 tonnes per annum of its expected Phase-2 active anode material output to GM upon reaching full production for an initial term of six years. In complement to the Supply Agreement, NMG and GM entered into a subscription agreement in which GM commits an aggregate US$150 million equity investment in NMG, subject to certain closing conditions, to develop what is projected to be the first fully integrated natural graphite active anode material project of its kind in North America; a local, carbon-neutral, reliable, sizeable, and ESG-driven source of natural gr...

Nouveau Monde Graphite Inc. and Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , have entered into a binding offtake agreement pursuant to which NMG will supply 18,000 tonnes per annum of its planned Phase-2 active anode material production to Panasonic Energy for an initial period of seven years. In addition to the Offtake Agreement, NMG and Panasonic also entered into a subscription agreement for Panasonic to make an initial US$25-million equity investment in NMG to support the advancement of NMG's Phase-2 operations - the Matawinie Mine and the Bécancour Battery Material Plant - in line with Panasonic Energy's specifications refined during the qualification process and technical collaboration. This press release features multimedia...

Integra Resources is pleased to announce the second set of drill results from the 4,597 m 2023 highwall geotechnical and metallurgical drill program at the DeLamar Project located in southwestern Idaho. The results announced include 20 drill holes representing 2,290 m from the highwall geotechnical and metallurgical drill program which was completed in Nov 2023. The core samples from the drill program will be used for comprehensive mineralogical analysis, Crusher Work Index testing and additional heap leach recovery analysis, including bottle roll, permeability and column leach testwork. The metallurgical drill results from the program will be used to develop an advanced geo-metallurgical model that ...

Palladium One Mining is pleased to announce that the Company is changing its name to GT Resources Inc., effective March 4, 2024. The articles of the Company provide the directors with the authority to change the name of the company by way of directors' resolution. Common shareholders of the Company will automatically be adjusted and no further action is required to be taken. This rebrand is a better representation of the diversified investment exposure that the Company provides investors for multiple forms of green transportation, including fully electric vehicles, hybrid electric vehicles, electrical grid infrastructure and conventional engines. It also reflects the Company's evolution to having a highly curated portfolio of polymetallic mineral properties that primaril...