Nine Mile Metals Ltd. announces its intention to complete a private placement for proceeds of up to $500,000 . The Private Placement will consist of the sale of up to 8,333,333 units at a price of $0.06 per Unit. Each Unit will be comprised of one common share and one Common Share purchase warrant , with each Warrant entitling the holder thereof to acquire one Common Share in the capital of the Company at a price of $0.10 per Common Share for a period of 24 months from the date of issuance. The Warrants will include an acceleration clause to the effect that if at any time after the statutory four month and a day hold period from the closing date, the daily volume weighted average closing price of the common shares on the Canadian Securities Exchange is at least $0.30 per shar...

Akwaaba Mining Ltd. is pleased to announce that it intends to complete a non-brokered private placement financing comprising the sale of up to 740,000 common shares , to be sold at $0.14 per Share for gross proceeds of up to $103,600 CAD . The Offering will be made available to subscribers pursuant to the Accredited Investor exemption and the Employee, Executive Officer, Director and Consultant exemptions under 2.3 and 2.24 of National Instrument 45-106 Prospectus Exemptions. Certain shares of the proposed Offering will be issued directly or indirectly to Allan Green, CEO and director of the Company, who will participate in the financing. Mr. Green's participation in the Offering will constitute a related party transaction under Multilateral Instrument 61-101 - Protection of ...

Trading Symbol: Silvercorp Metals Inc. reports its financial and operating results for the three months ended December 31, 2023 . All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q3 FISCAL 2024 Mined 345,273 tonnes of ore, milled 312,500 tonnes of ore, and produced approximately 1,342 ounces of gold, 1.7 million ounces of silver, or approximately 1.8 million ounces of silver equivalent, plus 16.8 million pounds of lead and 7.4 million pounds of zinc; Sold approximately 1,342 ounces of gold, 1.7 million ounces of silver, 16.2 million pounds of lead, and 7.3 million pounds of zinc, for revenue of $58.5 million; Reported net income attributable to equity shareholders of $10.5 million, or $0.06 per share; Realized adjusted earnings a...

Erdene Resource Development Corp. is pleased to announce the execution of debt finance agreements for up to US$80 million with Mongolian Mining Corporation to fund construction of the high-grade, open-pit Bayan Khundii Gold Project in southwestern Mongolia. Peter Akerley, Erdene's President and CEO stated, "We are very pleased to close the financing for the Bayan Khundii Gold Project with our strategic partner MMC, Mongolia's leading publicly traded mining company. With first gold scheduled in 2025, Bayan Khundii will be one of the highest grade, open pit gold mines globally and Mongolia's largest primary gold producer when it reaches full production." Mr. Akerley continued, "The strengthening of our relationship with MMC through this financing supports our goal of creating a...

Richmond Minerals Inc. is pleased to provide an update for exploration work at the Company's Ridley Lake Gold Project located in the west central area of the Swayze Greenstone belt approximately 35 kilometres east of Newmont's Borden Gold Project. As reported in 2015 and 2016 IP and Magnetic surveys were successful in identifying well-defined geophysical anomalies characterized by high chargeability and resistivity with prominent coincidental magnetic anomalies , having a northeast orientation and a strike length in excess of 825 metres. Modelling of the data obtained from the July 2015 and November 2016 combined surveys identified multiple targets at vertical depths down to the IP survey limit of approximately 200 metres. Drill testing of these IP/Mag targets in the Aguarra ...

Star Diamond announces that it is extending the expiry date and amending the exercise price of the common share purchase warrants of the Company issued on April 6, 2022 and April 21, 2022. The amendments will take effect on February 23, 2024. Pursuant to the Warrant Extension the term of the Warrants will be extended by 18 months, such that after giving effect to the Warrant Extension, each Warrant issued on April 6, 2022, having an initial expiry date of April 6, 2024, will expire on October 6, 2025 and each Warrant issued on April 21, 2022, having an initial expiry date of April 21, 2024, will expire on October 21, 2025. Pursuant to the Exercise Price Amendment all the Warrants will be exercisable to purchase a common share of the Company at a price of $0.15...

The Company is fully funded to continue target development on the property. Silver Dollar Resources Inc. announces that it has acquired a 100% interest in Canasil Resources Inc.'s Nora property located in Durango State, Mexico pursuant to the terms of the Nora option agreement , previously announced on April 20, 2023. Figure 1: Location of Nora property and other mines and deposits in the region. To view an enhanced version of this graphic, please visit: https://silverdollarresources.com/images/Nora/MX-Map-Nora-LR.jpg The Nora property is situated in the Eastern Sierra Madre sub-province, in the transition to the high plateau of Mexico, the property lies centrally within the "Silver Trend" that runs from the northwest to the southeast through Durango State. Significant deposi...

CNX Resources Corp. announced today its year-end reserves update as of December 31, 2023. The Company reported 2023 total proved reserves of 8,741 Bcfe, comprised of 6,028 Bcfe of proved developed reserves and 2,713 Bcfe of proved undeveloped reserves. Development activity in 2023 converted 819 Bcfe of proved undeveloped reserves, achieving a 1.46x proved developed replacement ratio. Future finding and development costs for proved undeveloped reserves of $0.43 per Mcfe and $0.50 per Mcfe when including midstream and water infrastructure investments. Average EUR of proved undeveloped reserves in Marcellus and Utica shales of 2.57 Bcfe and 2.73 Bcfe per thousand feet of completed lateral, respectively. Upward proved reserves adjustments of 467 Bcfe due to positive well performan...

Stallion Uranium Corp. is pleased to announce that, further to its news release dated January 23, 2024, it has closed a non-brokered private placement for aggregate gross proceeds of C$3,883,821.90, from the sale of the following: 4,779,460 Federal flow-through units of the Company at a price of C$0.32 per FFT Unit on a charity flow-through basis; 4,248,318 Saskatchewan flow-through units of the Company at the price of C$0.36 per SFT Unit on a charity flow-through basis; and 3,750,001 units of the Company at a price of C$0.22 per Unit. Each FFT Unit consists of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one-half of one common share purchase warrant . Each SFT Unit consists of one common share of the Comp...

Atacama Copper Corp. is pleased to announce that the Company has received conditional approval from the TSX Venture Exchange in respect of its previously announced business combination with TCP1 Corporation . In connection with the Transaction and pursuant to TSXV requirements, the Company has filed on SEDAR+ a filing statement dated February 7, 2024 , which provides further information concerning Atacama Copper, TCP1 Corporation and the Transaction. Completion of the Transaction is subject to a number of conditions including, but not limited to, completion of the Consolidation , closing conditions customary to transactions of the nature of the Transaction and final acceptance from TSXV of the Transaction. Subject to certain conditions, as more particularly described in the F...

February 8, 2024 -Vancouver, B.C., Canada; Belmont Resources Ltd. is pleased to announce that it has entered into a Convertible Loan Agreement for $368,000 Cdn. with HMS Bergbau AG, Berlin Germany . The HMS investment follows a previous $420,000 Cdn investment from two European private investment holding companies . HMS is non-arm's length to the Company as Patrick Brandl, a director of Belmont, is also on the Supervisory Board of HMS. As such, this transaction constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions . Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Convertible Loan by the...

DFR Gold Inc. is pleased to announce, with its joint venture partner Panthera Resources plc , further laboratory results for samples from the 2023 drilling programme at the Kalaka Project in Mali for which initial results had been reported on 9 October 2023. Highlights Leachwell bottle roll analysis of 23 samples from the 2023 Reverse Circulation drilling programme on the K1A mineralisation target at the Kalaka Project confirm the fire assay2 results The samples were from holes three holes, KRC_23_005, KRC_23_006 and KRC_23_007, holes where the previously delineated mineralised intersections included: 76 metres at 0.53 g/t Au in hole KRC_23_005 34 metres at 0.50 g/t Au in hole KRC_23_006 85 metres at 0.52 g/t Au in hole KRC_23_007 The bottle roll tests provide a preliminary in...

Nexa Resources S.A. is pleased to provide today the drilling and assay results from the fourth quarter and full year of 2023. This document contains forward-looking statements. Summary Nexa's drilling strategy for 2023 was focused on near-mine expansion brownfield and infill drilling, including the Aripuanã project which is in the final ramp-up stage. Additional exploratory drilling also occurred in greenfield projects with a potential favorable perspective. At the end of 2023, cumulative drilling production reached 257,482 meters, of which 85,199 meters were exploratory drilling, including the Babaçu infill at Aripuanã, and 172,284 meters were operational infill drilling. Total exploratory drilling in 4Q23 was 15,586 meters, of which 12,138 meters took place in Peru, 2,281 m...