Maritime Resources Corp. is pleased to announce that it will be attending the Prospectors and Developers Association of Canada conference on March 3-6, 2024, in Toronto, Canada. Maritime's representatives, including members of senior management, technical staff and investor relations, will be happy to meet with investors and other interested parties at its Booth 2816 at the Metro Toronto Convention Centre. Maritime is also pleased to announce that it has been invited to participate at the Canada's Atlantic Edge event organized by the Atlantic Canada Mining Alliance. Please see details below. Date: Tuesday, March 5, 2024 Location: Ontario/ Niagara Room, Intercontinental Hotel, adjoins Metro Toronto Convention Centre Time: Technical Sessions will take place at 9 am - 4:30 pm ET...

Ero Copper Corp. is pleased to announce its 2023 production results, 2024 guidance and three-year production outlook. HIGHLIGHTS Record Gold Production Driven by Successful Completion of the NX 60 Initiative The Xavantina Operations produced 59,222 ounces of gold in 2023, exceeding the increased guidance range of 55,000 to 59,000 ounces, issued on November 2, 2023, and the original 2023 guidance range of 50,000 to 53,000 ounces Average processed gold grades of 15.13 grams per tonne represented a 98.8% increase in gold grades as compared to 2022 Caraíba Mill Expansion Design Capacity Reached by Year-End The Caraíba Operations produced 43,857 tonnes of copper in concentrate for the full year, slightly below guidance of 44,000 to 47,000 tonnes Although the Caraíba mill expansion...

Midland Exploration Inc. , in partnership with Brunswick Exploration Inc. , is pleased to announce the construction of a winter road for a maiden drilling campaign, to begin in early March, on the Elrond project, located in the Eeyou Istchee-James Bay region. The Elrond Project comprises 136 claims and is roughly located 12 kilometres east of the Billy Diamond Highway and about 91 kilometres south-southeast of the town of Radisson. The Elrond project is currently wholly owned by Midland but is subject to an option agreement signed with Brunswick in November 2022 . Highlights: Maiden drilling program, aiming the Arwen lithium showing, to start on the Elrond project; Three selected grab samples on the Arwen showing returned between 1 and 3% Li2O; A new high-resolu...

Osisko Development Corp. announces that it has undertaken a review of the carrying value of its assets in accordance with International Financial Reporting Standards as at December 31, 2023, as part of its fourth quarter and year-end 2023 financial results preparation. As a result of the preliminary review, which is ongoing and has not been finalized, the Company believes that a non-cash impairment exists to the carrying value of its 100%-owned Trixie gold test mine , located within the Company's wider Tintic Project in central Utah, U.S.A. Based on the information currently available, the preliminary Impairment Analysis suggests that a non-cash impairment charge totaling approximately between $80 and $120 million will be recorded against the net carrying value of Trixie. The...

Wesdome Gold Mines Ltd. announces today the appointment of Mr. Fernando Ragone as Senior Vice President, Chief Financial Officer effective March 11, 2024. Jonathan Singh, Interim Chief Financial Officer will continue in his role until Mr. Ragone commences employment with the Company. Fernando is a qualified chartered accountant with almost three decades of global experience in the mining industry. Most recently, Mr. Ragone was the Chief Financial Officer of Bear Creek Mining Corp. Prior to that, Mr. Ragone was the Chief Financial Officer of Baffinland Iron Mines Corp., a position he held from 2019 to 2023. Prior to Baffinland, he held various senior Finance and Business Improvement roles with First Majestic Silver Corp. and [wp=1621]Prim...

Giyani Metals Corp. , developer of the K.Hill battery-grade manganese project in Botswana is pleased to announce that on February 20, 2024 it closed the US$10 million investment by ARCH Sustainable Resources Fund LP announced on January 24, 2024 . The Company and ARCH have satisfied all necessary conditions precedent to Closing and US$10 million has now been received by the Company. The ARCH funding fulfils a key condition for drawdown of the US$16 million convertible loan facilities secured by Giyani from the Industrial Development Corporation of South Africa Limited and forms part of a larger aggregate US$26 million funding package to progress K.Hill to Final Investment Decision . The IDC Facility remains subject to the approval of the TSX Venture Exchange and satisfaction ...

Platinex is pleased to announce results from the first phase of diamond drilling on the Heenan Property, part of the Heenan Mallard Gold Project located in the Swayze Greenstone Belt of the Abitibi northeastern Ontario and held through the South Timmins Mining Joint Venture with Fancamp Exploration Ltd. Highlights: The program totalled 611.50 m with three drill holes completed over 50 m spacing and one undercut hole. All cross sections for the four holes are on the website. Several consistent wide zones of gold mineralization intersected from surface to 177m including: 77.44 m of 0.40 g/t Au in hole HE23-02 and, 27.15 m of 0.55 g/t Au in hole HE-23-03 with higher-grade intercepts within . An additional zone of mineralization, outside of the iron formation, w...

Atha Energy is pleased to provide another update on its previously announced proposed acquisition transaction with 92 Energy Limited further to its press releases dated Dec 7, 2023, Jan 25, 2024, and Feb 7, 2024. ATHA is pleased to announce that the independent expert of 92E, BDO Corporate Finance Pty Limited, has concluded that the proposed acquisition of 92E by ATHA is fair and reasonable and in the best interest of the shareholders of 92E . Additionally, the Federal Court of Australia has made orders approving, amongst other matters: the convening by 92E of a meeting of 92E Shareholders to consider and vote on the scheme of arrangement between ATHA and 92E ; and the dispatch by 92E of an explanatory statement containing information about the Scheme toge...

Brunswick Exploration Inc. is pleased to announce that it has begun construction of a winter road for a drilling campaign at the Elrond project, located in Eeyou Istchee-James Bay Region of Quebec. This maiden drilling campaign will begin in March and will test the Arwen spodumene-bearing pegmatite that was discovered during prospecting last September by the BRW team. The Arwen showing and the Elrond property have never been drilled. The Arwen pegmatite is exposed over a surface area measuring approximately 250 meters by 100 meters, dipping shallowly to the north. The outcrop is well mineralized and three representative grab samples returned values between 1 and 3% Li2O. The pegmatite remains open in all directions . Previous to drilling activities, a high-resolution airborne...

HALIFAX, NS, Feb. 21, 2024 /CNW/ - Fortune Bay Corp. is pleased to announce the acquisition of two additional uranium projects through staking on the north-central margin of the Athabasca Basin, in proximity to the Company's recently announced Spruce, Pine and Aspen Uranium Projects . Gareth Garlick, Technical Director for Fortune Bay, commented "The acquisition of the Birch and Fir projects adds to our growing uranium portfolio of newly acquired, 100% owned projects on the north-central margin of the Athabasca Basin. This extensive portfolio now totals five new uranium projects covering over 40,000 hectares and provides Fortune Bay with further opportunity to create value through exploration and/or transactional success. The Birch and Fir projects have known uranium endowmen...

Annual flagship program highlights the role that Canada's premier venture exchange plays in supporting national economic growth TSX Venture Exchange today released its 2024 Venture 50® ranking, shining a light on the top-performing companies that are driving growth across their respective sectors. The Venture 50 showcases TSXV issuers across five sectors: Energy, Mining, Clean Technology and Life Sciences, Diversified Industries, and Technology. The ranking is an equal weighting of each firm's performance during 2023 across three key indicators: market capitalization growth, share price appreciation, and trading value. "The Venture 50 ranking is a true indicator of investor confidence in the capabilities of Canadian companies and our public markets," said Loui Anastasopoulos, CEO, Toronto ...

Luca Mining Corp. is pleased to provide an update on the optimization program at its wholly-owned Campo Morado polymetallic mine in Guererro, Mexico. Significantly improved overall performance in Q4 2023 compared to previous quarters, yielding increased revenues. Plant performance exceeded expectations with operational consistency. Higher metallurgical recoveries and concentrate grades. Of note, copper in the bulk concentrate increased from less than 48% recovery to over 70% recovery. Mike Struthers, CEO, commented, "The results we're achieving at Campo Morado are better than expectations, and it's extremely encouraging to see we can consistently maintain this performance week after week. The new regime of blending ore types from the mine is proving very successful by providin...

Piedmont Lithium , a leading global supplier of lithium resources critical to the U.S. electric vehicle supply chain, today announced the sale of the shares it held in Sayona Mining . The Company has agreed to sell 1,152.2 million shares of Sayona for A$0.052 Australian Dollars per share through a secondary block sale via Canaccord Genuity. The sale price represents a premium to the 20-day volume weighted average price and will result in gross proceeds of approximately A$59.9 million, or US$39.4 million for Piedmont. Following the transaction and some smaller recent public market share sales, Piedmont will no longer hold any shares of Sayona. The sale of these shares has no impact on Piedmont's joint venture or offtake position with Sayona Quebec. The decision to divest the Sayona shares a...