Signal Gold Inc. is pleased to announce the final diamond drill results from the Company's growth exploration program at the Goldboro Project in Nova Scotia . The remaining diamond drill results are from 3,813 metres of drilling in 19 diamond drill holes that targeted near surface gold mineralization west of the Goldboro Mineral Resource and immediately to the east of the past producing Dolliver Mountain Gold Mine* . The results included thirteen instances of visible gold and 74 separate intersections of gold mineralization , all located within the same anticline which hosts the Goldboro Deposit. These drill results are part of the larger growth exploration program in 2023 which comprised 11,435 metres in 61 diamond drill holes, focused on the discovery of gold mineralization ...

Silver One Resources is pleased to announce that it has exercised its option to acquire a 100% interest in the high-grade Phoenix Silver Project, located within the "Arizona Silver Belt". Highlights of Phoenix Silver Project: Phoenix Silver Project covers 6,141 hectares along the northern extension of a prolific 30+km long mineralized trend hosting past and current producing silver and copper mines. Permitted for drilling on high-grade silver targets. Very high-grade native silver vein fragments, including a 189 kg specimen estimated to contain over 70% silver and an 8.5 kg specimen assaying 459,000 g/t silver . Greg Crowe, President and CEO of Silver One commented: "Acquiring a 100% interest in Phoenix Silver represents a rare opportunity in potentially identifying extr...

NioCorp Developments Ltd. joined with major automotive manufacturers, mining companies, and electric vehicle battery companies to urge the Biden Administration to allow a 10% tax credit to apply to both mineral extraction and mineral processing in the U.S. In a joint letter this week to U.S. Treasury Secretary Janet Yellen, NioCorp and 45 other companies and associations, including Tesla, General Motors, and the Zero Emission Transportation Association, urged the Internal Revenue Service not to limit the Section 45X Advanced Manufacturing Product Tax Credit only to the cost of processing critical minerals needed for electric vehicles and other clean energy technologies, but to extend the 45X Tax Credit to the cost of mining the minerals, as well. The 45X Tax Credit was enacte...

Copper Fox Metals Inc. is pleased to announce that its audited annual consolidated October 31, 2023, financial statements have been filed on SEDAR+. All the Company's subsidiaries are wholly owned. For the year ended October 31, 2023, Copper Fox had a net loss of $1,114,512 which equated to $0.00 loss per share . During the year ended October 31, 2023, the Company incurred $915,190 in expenditures toward furthering the development of its Schaft Creek and Van Dyke copper projects as well as exploration of its Eaglehead, Sombrero Butte and Mineral Mountain copper projects. Copies of the financial statements, notes, and related management discussion and analysis may be obtained on SEDAR+ at sedarplus.ca, the Company's web site at www.copperfoxmetals.com or by contacting the Compa...

QX Resources Ltd. is pleased to confirm that numerous brine aquifers were successfully intersected in the second hole of a two-hole diamond drill program over the large scale Liberty Lithium brine project in California, USA. - Drillhole 2 has been completed at 443m depth; Brine sampling and geophysics are underway. - Numerous brine aquifers* were intersected between 90m and 295m depth in drillhole 2. - Both diamond drillholes, located 4km apart, were centred over significant geophysical targets in magnetotellurics that inferred a series of conductive brine bearing aquifers. - Results and interpretations from drillhole 1 are expected in mid-February, with drillhole 2 results in late March. *Cautionary Statement: The intersection of brines does not imply that the brines are lit...

Further to the Company's news release on Feb 2, 2024, the Company is pleased to announce that it has closed the oversubscribed private placement financing and issued 5,250,000 units @ $0.06 per Unit for gross proceeds of $315,000. Each Unit consists of one common share at $0.06 and one half of one transferable share purchase warrant. Each whole warrant, is exercisable at $0.10 per common share for a period of two years from closing. All securities issued have a statutory four month and one day hold period. Directors of the Company participated in the private placement and acquired an aggregate of 1,000,000 Units for proceeds to the Company of $60,000. The participation of these insiders in the private placement constitutes a Related Party Tra...

Available funding now exceeds remaining capex, with 84% of upfront expenditures committed Torex Gold Resources Inc. provides Q4 2023 update on the development of its Media Luna Project . Unless otherwise stated, progress and milestones referenced in this press release are as of December 31, 2023. Jody Kuzenko, President & CEO of Torex, stated: "Development of Media Luna remains on track for first production in Q4 2024 followed by commercial production in early 2025. The successful completion of Media Luna is expected to result in a return to positive free cash flow in mid-2025 as production ramps up and capital expenditures normalize. "We achieved several key de-risking milestones during Q4 2023. Importantly, we broke through in the schedule critical Guajes Tunnel in late Dec...

Lion One Metals Ltd. announces that it is commencing an overnight marketed public offering of units of the Company for anticipated gross proceeds of up to C$10.0 million . The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company, Cantor Fitzgerald Canada Corporation , as lead underwriter and sole bookrunner , and a syndicate of underwriters to be determined . The number of Offered Units to be sold, the Offering price , and the terms of the Offered Units will be determined in the context of the market and there can be no assurance as to completion of the Offering. In addition, the Company will grant the Underwriters an over-allotment option exercisable, in whole or in part, in the sole discretion of the Underwriters,...

SKRR Exploration is pleased to announce that, further to its news release on Dec 4, 2023, it has entered into a definitive agreement with X1 Entertainment Group Inc., pursuant to which X1 has agreed to acquire a 100% legal and beneficial interest in SKRR's wholly-owned Manson Bay project. The Property consists of thirteen contiguous mineral claims totaling 4,293.213 hectares, located in the Trans Hudson Corridor in east-central Saskatchewan, approximately 40km northwest of the historic mining center of Flin Flon, on the Manitoba border. Transaction Terms Pursuant to the terms and conditions of the Definitive Agreement, X1 has agreed to acquire 100% of SKRR's rights, title, and interest in the Property, and all data and information in the possession of SKRR with ...

Winshear Gold announces that the Company's common shares will begin trading on a post-consolidated basis at the opening of the market on February 13, 2024 under the existing trading symbol "WINS". After Winshear's Cdn$25m return of capital of its shareholders in December of 2023, Winshear retained approximately Cdn$3m in order to carry out an inaugural drill program at its Gaban gold project in SE Peru in 2024. After consulting with key shareholders in Winshear, directors and management felt it was prudent to complete a roll back prior to the upcoming drill program where the Company is now completely focused on bearing out the value of its Peruvian exploration assets. The drill program is expected to commence in June of 2024. The Company is also advancing its ICA I.O.C.G...

Orbit Garant Drilling announced its financial results for the three-month and six-month periods ended Dec 31, 2023. Financial Highlights Three months ended December 31, 2023 Three months ended Dec 31, 2022 Six months ended Dec 31, 2023 Six months ended Dec 31, 2022 Revenue 43.4 51.6 87.7 104.9 Gross Profit 2.8 6.8 6.9 13.0 Gross Margin 6.4 13.1 7.9 12.4 Adjusted Gross Margin ¹ 12.2 18.1 13.7 17.2 EBITDA2 1.0 6.9 4.0 12.7 Net earnings 2.1 3.2 Net earnings per share - Basic and diluted 0.06 0.09 1 Adjusted Gross Margin is a non-IFRS financial measure and is defined as Gross Profit excluding depreciation expenses. See "Reconciliation of Non-IFRS f...

Sherritt International Corporation , a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt - metals deemed critical for the energy transition, today reported its financial results for the three months and year ended December 31, 2023 and provided its 2024 guidance. All amounts are in Canadian currency unless otherwise noted. Leon Binedell, President and CEO of Sherritt commented, "Last year was a challenging year for the Moa JV. The nickel price fell faster and further than forecast, particularly in the second half of the year. Nickel pricing suffered from a significant over supplied market due to the conversion of Class II nickel into intermediates suitable for the electric vehicle market and even into Class I LME deliverable metal putting ...

Taurus Gold Corp. announced the grants of incentive stock options to directors, officers and consultants on February 7, 2024 to acquire and aggregate of 900,000 common shares in the capital of the Company at an exercise price of $0.20 per common share. 775,000 of the above noted Options were granted to directors and officers of the Company. All Options were granted pursuant to the Company's 10% rolling stock option plan and are subject to the terms of the Plan, the applicable grant agreement and the requirements of the CSE. Vested Options are exercisable any time until 5:00 p.m. on February 7, 2029. The Options vest as follows: 25% 3 months from the date of grant; 25% 6 months from the date of grant; 25% 9 months from the date of grant; and 25% 12 months from the date of gran...