Val-d'Or, Québec-- - Cleghorn Minerals Ltd. announces that it will conduct a non-brokered private placement offering pursuant to which it will issue up to 3,000,000 Units at a per Unit price of $0.05 for gross proceeds of $150,000. Each Unit will consist of one common share in the capital of the Company and one non-transferable share purchase warrant, each warrant entitling the purchase of one common share at a per share price of $0.07 for three years from the date of issuance of the securities. The offering is subject to acceptance by the TSX Venture Exchange. Directors and/or officers of Cleghorn will participate in the offering. The proceeds raised from this offering will be used by the Company for general corporate purposes. All securities issued will be subject to a hold...

StrikePoint Gold Inc. is pleased to announce further results from its recently completed Induced Polarization geophysical survey on the 44 square kilometer Cuprite Gold Project strategically located in the Walker Lane Trend of Nevada between Centerra's Gemfield Deposit and Anglogold's "Expanded Silicon" project. Surface mapping has identified a large hydrothermal system active within the Stonewall Mountain Caldera. The new geophysical data suggests that sulphidic feeders with associated silica flooding and large-scale boiling horizons are present. The interpreted feeder zones appear to be coincident with the highest-grade mercury in soil anomalies and mapped structures at surface. The combined data suggests the possibility of a large epithermal gold deposit at depth similar t...

Lodestar Battery Metals , focused on becoming a leading critical metals exploration company, is pleased to announce a Q1 2024 update, and discuss plans for the coming year. Partnership with Red Cloud Securities and Future Assets On July 14, 2023, the Company entered into a best-efforts agreement with Red Cloud Securities to facilitate the sale of its two silver assets in Mexico . Red Cloud conducted a comprehensive screening process, considering both potential public and private buyers. Unfortunately, the process did not result in a transaction, primarily due to the challenging capital market conditions for junior exploration and development companies at the time, coupled with the regulatory uncertainties in Mexico following the 2023 regulation changes. For more information about the best-...

ST. JOHN'S, NL / ACCESSWIRE / February 8, 2024 / Vulcan Minerals Inc. , announces impressive soil geochemical results from the Red Cross Lake Nickel-Copper-Cobalt Project in central Newfoundland. Highlights are as follows: Highlights: From the Government of NL database of 22,400 entries for till samples, the highest recorded nickel value is 2061 ppm. Vulcan's current survey contains three soil samples exceeding this value, namely 3,936 ppm, 2,914 ppm and 2,555 ppm nickel 17 soil samples exceeding 1000 parts per million nickel Including best sample of 3,936 ppm nickel, 674 ppm copper and 230 ppm cobalt Red Cross Lake In late 2023, 765 soil geochemical samples were taken over the Red Cross Lake intrusive suite and surrounding volcanic and volcaniclastic sedimentary rocks. The R...

Omai Gold Mines Corp. is pleased to report an updated Mineral Resource Estimate on its 100%-owned Omai Gold Property in Guyana. It includes an expansion to the Wenot Deposit and incorporates the previously disclosed Gilt Creek Deposit. Most significantly, the Wenot Mineral Resource Estimate increased the Indicated MRE to 834,000 oz @ 1.48 g/t Au and the Inferred MRE to 1,614,000 oz @1.99 g/t Au. HIGHLIGHTS: The Omai Property hosts two gold deposits: the shear-hosted Wenot Deposit and the adjacent intrusive-hosted Gilt Creek Deposit , with combined updated MRE of: 1,985,000 ounces of gold , a 4% increase 2,279,000 ounces of gold , a 28% increase Wenot Deposit 834,000 ounces of gold , a 10% increase over the October 2022 MRE, and 1,614,000 ounces of gold , a 45% increase 1.48 g...

Nevada Copper Corp. provides updates on restart activities at its Pumpkin Hollow underground mine . Randy Buffington, President and CEO of Nevada Copper, stated, "Since restarting mining and milling operations, we've made progress in a number of areas, including completion of life of mine projects such as the Geho dewatering system and phase two of the underground crushing and ore handling system, development of significant stope inventory underground and realignment of the site operations team, under the leadership of Chuck Pollard as Assistant General Manager. However, several unforeseen setbacks impacted our progress on meeting operational targets. We took critical steps and refocused resources to mitigate and address these issues. The hoisting and ore handling system has r...

Lake Victoria Gold is pleased to report that at the annual general meeting of shareholders of the Company held on Feb 7, 2024, the shareholders elected incumbent directors Marc Cernovitch, Simon Benstead, David Scott, Frank Högel and Seth Dickinson to the Board. In addition, shareholders elected new director Dean Comand. Mr. Comand is a self-employed consultant providing support to executive teams in a variety of sectors (mining and metals, utilities, energy, construction, infrastructure).

Cassiar Gold Corp. is pleased to announce results from the remaining six drill holes from the 2023 exploration program at the Cassiar Gold Project, located in northern British Columbia. Results from these drill holes expand mineralization at the Taurus Deposit both within and beyond the current resource footprint . The Taurus Deposit hosts a substantial near-surface, bulk-tonnage Inferred gold resource of 1.4 million ounces grading 1.14 grams per tonne gold [1] which remains open. Since the early 2022 resource estimate, additional drilling has continued to expand the footprint of mineralization at the deposit, which remained a priority for further expansion during the 2023 exploration campaign. Highlights: All drill holes reported here encountered multi-metre intercepts of mi...

Barrick Gold Corp. grew attributable proven and probable gold mineral reserves by 5.0 million ounces before 2023 depletion, while continuing to maintain the quality of the mineral reserve base. Attributable proven and probable mineral reserves now stand at 77 million ounces2 at 1.65g/t, increasing from 76 million ounces3 at 1.67g/t in 2022. Led by the Africa & Middle East region, Barrick has delivered a third consecutive year of organic gold reserve growth over and above annual depletion. This unremitting focus on asset quality has successfully delivered replacement of over 140%4 of the company's gold reserve depletion since end of year 2019, adding almost 29 million ounces4 of attributable proven and probable reserves or 44 million ounces4 of proven and probable reserves on a ...

Labrador Gold Corp. is pleased to announce the results of the 2023 exploration program at its 100% owned Hopedale Project in Labrador. The district scale Hopedale property covers a 43km strike length of the Florence Lake greenstone belt which has characteristics typical of greenstone belts around the world but has been underexplored by comparison. Highlights Fire Ant gold occurrence high-grade gold up to 106g/t with 20.4g/t Ag in rock grab samples mineralization traced over approximately 200 metres strike length Rusty Ridge and Last Resort nickel occurrences anomalous Ni area at Rusty Ridge extended to 550m rock samples up to 0.28% Ni and soil samples up to 0.23% Ni Identified a new anomalous nickel area over a strike length of 1.6km coincident with a significant magnetic hig...

Rupert Resources Ltd. reports new results from its Heinä South satellite target . The results confirm the Heinä South mineralised trend to over 1km and provide evidence of broader mineralised zones not previously seen in this target area. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240208659890/en/ Figure 1. Schematic structural interpretation of Ikkari and surrounding high-priority exploration targets showing the location of the new drilling at Heinä South. Black box shows the location of more detailed plan map, Figure 2 Highlights Heinä South Extension Exploration - part of the "West of Ikkari" drill program #124001 and #124002- intersected 24m at 1.1grams per tonne Gold and 15m at 0.9g/t Au respectively from ...

Luca Mining Corp. is pleased to provide an update on progress at its wholly-owned Tahuehueto Gold Mine in Durango, Mexico, and announces the addition of Mr. Peter Damouni to the Company's Board of Directors. The project to increase throughput at the Tahuehueto mill to 1,000 tonnes per day is in the final commissioning stage. Testing of the second ball mill, which was the last component in the project, is well advanced and will provide a total installed grinding capacity of 1,250 tonnes per day . The Luca Board welcomes Peter Damouni as a new Director. Peter brings considerable market, finance and corporate experience and will open new opportunities for Luca. Tahuehueto Gold Mine, Durango State, Mexico Testing of the final equipment to complete construction of the 1,000 tpd ope...

Omai Gold Mines Corp. announces that it has engaged Velocity Trade Capital Ltd. to provide market stabilization and liquidity services to the Company, in accordance with applicable securities laws and the policies of the TSX Venture Exchange , and pursuant to the terms of a liquidity program services agreement . Pursuant to the Services Agreement, Velocity Trade will manage trading of the Company's securities listed on the Exchange from time to time for the purposes of maintaining an orderly market, with a view to reducing trading volatility and improving the liquidity of the Company's securities. The funding and securities required for these services undertaken will be provided by Velocity Trade. In consideration for the provision of the services by Velocity Trade under the ...