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...

Giyani Metals Corp. , developer of the K.Hill battery-grade manganese project in Botswana announces that 5,200,000 stock options and 2,350,091 Restricted Share Units have been granted to certain directors, officers and management of the Company and its subsidiaries in accordance with the Company's Stock Option and Restricted Share Unit Plans. The grants follow a review by the Company's board of directors of management's performance in 2023, as well as the establishment of the 2024 performance criteria for the management team. Of the total Option grant, 1,500,000 Options have been granted to officers, 3,500,000 Options have been granted to management and 200,000 Options have been granted to directors of the Company's subsidiary company in Botswana. Each Option is exercisable i...

GSP Resource Corp. reports a correction to the copper equivalency calculation of its Feb 7, 2024 news release regarding the assay results of the recently completed surface diamond drill program at the Alwin Mine project. The previous disclosure had incorrectly calculated the conversion of tonnes to ounces, thereby understating the equivalent copper grade. There are no changes to the reported primary assay results or intervals of the individual metals. The updated equivalency table is presented below Table 1. Alwin 2023 Diamond Drilling Significant Assay Results with Corrected CuEq DDH From To Drilled Interval* Cu % Ag g/t Au g/t CuEQ** % AM-23-01 138.0 150.8 12.8 2...

Atco Mining Inc. is pleased to announce that it has signed a definitive option agreement, dated February 16th, 2024, with Standard Uranium Ltd., an arms-length party, to acquire up to a 75% interest in Standard's Atlantic Uranium Project located in the Eastern Athabasca Basin of northern Saskatchewan. The Project consists of 7 mineral claims totaling 3,061 hectares and covers 6.5 km of an 18 km long, east-west trending conductive corridor located due west of IsoEnergy Limited's Hurricane deposit. Atco believes the Atlantic Project is prospective for the discovery of classic high-grade unconformity-related uranium mineralization akin to the recently discovered Hurricane deposit nearby. Depth to the unconformity is approximately ...

Tisdale Clean Energy Corp. is pleased to confirm that crew and equipment has begun mobilization for its upcoming work program at the South Falcon East Uranium Project which hosts the Fraser Lakes B uranium deposit. The south Falcon East Project lies 18 km outside the edge of the Athabasca Basin, approximately 50 km east of the Key Lake uranium mill and former mine. Tisdale Clean Energy Corp. entered into an option agreement with SkyHarbour Resources Ltd in October of 2022 whereby the company can earn up to a 75% interest in the South Falcon East property. The initial phase one program will consist of up to approximately 1,500 meters of drilling. The priority will be to confirm and expand the existing mineralization associate...