Electra Battery Materials Corp. today announced that it has received a $5 million investment from the Government of Canada towards the construction of North America's first cobalt sulfate refinery. Located in Temiskaming Shores, Ontario, the facility will produce approximately five percent of the global supply of battery grade cobalt needed for electric vehicles. The investment will be provided in the form of a grant from the Federal Economic Development Initiative for Northern Ontario . "Canada has surpassed China as the top jurisdiction in the global battery supply chain, given its strength in raw materials mining and processing," said Trent Mell, Electra's CEO. "Today's announcement from the Government of Canada's demonstrates its continued commitment to building a strong,...

Grants Options and RSU's Avanti Gold Corp. is pleased to announce that, effective February 15, 2024, Martino De Ciccio has been appointed as a senior advisor to the Company. Martino De Ciccio commented: "I am pleased to join the advisory Board of Avanti Gold, alongside mining veterans such as Sir Samuel Jonah, Robert Cross, and Paul Matysek, given our shared belief that the Democratic Republic of the Congo hosts significant potential for the discovery of world-class mineral properties." About Martino De Ciccio Martino De Ciccio has over 15 years of experience in mining industry with a strong value creation track record and significant knowledge across strategy, capital markets, corporate finance, and ESG, coupled with a profound understanding of the African mining landscape. ...

Minsud Resources Corp. announces that, further to the Company's press releases dated April 13, 2023 and Nov 27 in connection with South32 Aluminium Pty Ltd.'s exercise of its earn-in right to acquire a 50.1% ownership interest in Minera Sud Argentina, Minsud's indirect Argentinian subsidiary that holds and operates the flagship Chita Valley Project, due to procedural administrative delays the closing date of the acquisition has been extended from February 14, 2024 to April 5, 2024 . At the time of Completion, Minsud Argentina Inc. , a wholly owned subsidiary of the Company, and South32 will enter into a shareholders' agreement to govern the management and operation of MSA which will include further exploration and, if economically feasible, the dev...

Peruvian Metals Corp. wishes to announce that it is changing its financial year-end to March 31 from its current year-end of December 31. As a result, the Corporation will file an additional interim report as at December 31, 2023 and will report audited financial results for a 15-month transition year from January 31, 2023 to March 31, 2024 . Afterwards, the Corporation will revert to a customary reporting calendar based on a March 31 year-end, with fiscal quarters ending on the last day of June, September and December and March each year. The Company believes this change of financial year-end will allow it to complete its audit requirements with greater efficiency and will better align the Corporation's financial reporting periods to that of its peer group in the mineral res...

IsoEnergy Ltd. is pleased to announce that it has closed its previously announced "bought deal" brokered private placement announced on January 18, 2024, pursuant to which the Company sold 3,680,000 federal flow-through common shares of the Company at an offer price of C$6.25 per Premium FT Share, for aggregate gross proceeds of C$23,000,000 , which includes the full exercise of the Underwriters' over-allotment option. The Offering was conducted by a syndicate of underwriters, co-led by Eight Capital and Haywood Securities Inc., as joint bookrunners, and including Canaccord Genuity Corp., PI Financial Corp., Red Cloud Securities Inc. and TD Securities Inc. . The proceeds from the issuance of the Premium FT Shares are expected to be used to incur eligible "Canadian exploration...

Cantex Mine Development Corp. is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon. Dr. Charles Fipke reports Main Zone Germanium Results 455 germanium results have been received for drill core from 61 intercepts drilled from 31 pads spanning the entire 2.35 kilometer drill confirmed strike length of the Main Zone silver-lead-zinc-germanium mineralization at North Rackla. These results are presented in Table 1. Table 1. Germanium results from the Main Zone Pad Hole Depth Germanium Number of analyses MZ03 YKDD19-055 347.40 161 5 MZ04 YKDD19-067 195.40 1595 8 MZ06 YKDD18-016 108.02 595 5 MZ05X YKDD19-125 283.48 182 5 MZ05X YKDD19-127 372.50 952 5 MZ05X YKDD19-139 417.70 438 8 MZ07 YKDD19-025 116.80 307 5 MZ07 YKDD19-027 1...

DESIGNATED NEWS RELEASE Uranium Royalty Corp. has closed its previously announced bought deal financing for a total of 6,724,600 common shares sold at a price of US$3.40 per Common Share for aggregate gross proceeds to the Company of US$22,863,640 . The Company plans to use the net proceeds of the Offering to fund future royalty acquisitions and purchases of physical uranium. The Offering was made through a syndicate of underwriters led by Canaccord Genuity Corp., as lead manager and joint bookrunner, together with BMO Capital Markets, as joint bookrunner, and H.C. Wainwright & Co., LLC. The Offering was completed by way of a prospectus supplement dated February 6, 2024 and an accompanying base shelf prospectus dated July 20, 2023, in all of the provinces and territories of C...

DFR Gold Inc. confirms that it has exercised its option to acquire the Wuo Land 2 exploration license that comprises part of its Cascades Project in Burkina Faso for a payment of US$300,000. As announced on 11 March 2022, the Company entered into an option agreement to acquire the 243km2 Wuo Land 2 exploration license to gain full control of the 30km strike length of identified mineralization at Cascades. Wuo Land 2 hosts significant recent discoveries, such as Far East, Sina Yar and TT13-West as well as additional targets that DFR intends to explore in the near future, showing the consistent mineralisation across the Project area. DFR owns 80% of Cascades, subject to spending US$18,000,000 on the Project, with Panthera Resources Plc holding the remaining interest. The US$300,...

Prismo Metals Inc. is pleased to announce that the heliborne ZTEM geophysical survey undertaken at its Hot Breccia copper project in Arizona has identified a priority drill target. Hot Breccia is located in the heart of the prolific Arizona Copper Belt between Tucson and Phoenix . The ZTEM survey identified a large conductive body at depth below the surface exposure of a large dike swarm that hosts the namesake breccias. Anomalous copper and gold assays are locally present at the surface in this area , and high-grade copper and zinc assays are present above this anomaly in historic drill holes completed by major copper producers in the 1970's and early 1980's . While all of the historic drill holes intersected hydrothermal alteration within the volcanic rocks that overlie the...

Pan American Energy Corp. is pleased to announce that it has mobilized EarthEx Geophysical to conduct a 2D seismic survey at its flagship project, the Horizon Lithium Project in Big Smoky Valley, Esmeralda County, Nevada. The seismic survey will be conducted with the support of the Company's previously announced contractor partner, RESPEC Consulting Inc. in support the next stages of exploration and Phase 3 drill program at the Project, which is designed to expand the known mineral resources at the Project through step-out drilling to extend the deposit to the Northwest, South, East, and West and at greater depths. Jason Latkowcer, Chief Executive Officer, commented, "We are thrilled to return to work at the Project after the release of our inaugural Mineral Resource Estimate...

Pasofino Gold Ltd. is pleased to announce that it has closed its non-brokered private placement of 6,291,000 units at C$0.50 per Unit for gross proceeds of approximately C$3.1 million . Each Unit consisted of one common share of the Company and one half of one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one common share of the Company at a price of C$0.65 for a period of 18 months following the issue date of the Units. A total of 6,291,000 common shares and 3,145,500 Warrants were issued pursuant to the financing. All securities issued are subject to a 4 month hold period expiring June 9, 2024. There was no finder's fee paid in connection with the financing. The net proceeds of the Offering will be used by the Company in connection wit...

Standard Uranium Ltd. is pleased to announce the acquisition by staking of the Harrison uranium exploration project in the southwest Athabasca Basin region, northern Saskatchewan. Additionally, the Company has expanded the Ascent project by 3,728 hectares, effectively doubling the project size. With the addition of the Harrison project and expansion of the Ascent project , the Company now has ownership interests in eleven exploration properties, totalling over 209,867 acres across the uranium-rich Athabasca Basin . Key Highlights: Addition of the Harrison project - targeting high-grade1 uranium mineralization in the southwest Athabasca uranium district Harrison covers several kilometres of untested conductors coincident with magnetic low trends and key structural geology attr...

Appia's Advisory Committee Also Includes Renowned Rare Earths Experts Jack Lifton and Don Hains Appia Rare Earths & Uranium Corp. is pleased to announce the appointment of Constantine Karayannopoulos to its Advisory Committee, bringing with him 30 plus years of extensive expertise in Rare Earth Elements and critical minerals. His profound understanding of REE and critical minerals was honed during his illustrious tenure as the President and CEO of Neo Performance Materials Inc. where he retired in 2023 . The Appia service agreement is set to commence on February 1, 2024, marking a pivotal moment for Appia as it strengthens its strategic advisory team with the inclusion of an industry luminary. Appia proudly welcomes Constantine Karayannopoulos to its Advisory Committee, along...