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 ...

Ares Strategic Mining is pleased to announce successfully completing its steel infrastructure purchase, and the commencement of the steel's fabrication in anticipation for construction in 2024. The structure allows for a multi-person crew to operate the processing system and provides the supporting build, around which the plant will be constructed. The Company intends to ship the steel structure with its new flotation plant and begin installation concurrently. The fabricated steel and plant will be installed on Ares' 50-acre indus...

Cameco today reported its consolidated financial and operating results for the fourth quarter and year ended Dec 31, 2023, in accordance with International Financial Reporting Standards. "Our 2023 financial performance benefitted from higher sales volumes and realized prices in our uranium and fuel services segments. Our net earnings, adjusted net earnings, and cash from operations all more than doubled compared to 2022, with adjusted EBITDA up 93%. In 2024, we expect strong financial performance as we begin to realize the benefits from our investment in Westinghouse. We plan to continue to transition to our tier-one cost structure and make the capital and other expenditures we believe are necessary to position the company for continued sustainable growth. Growth that will be sought ...

Drilling and Trenching Program Designed to Upgrade and Expand PGM+Au+Ni Mineralization at Luanga Bravo Mining Corp. today announces its plans for the advancement of its 100% owned Luanga palladium + platinum + rhodium + gold + nickel project , located in the Carajás Mineral Province, state of Pará, Brazil. 2024 Luanga Plan Highlights Drilling Program - 16,000m of infill and drilling designed to upgrade and expand the known mineralization. Trenching Program - 11,000m of additional trenching along the entire 8km strike length of the Luanga deposit to more fully define and potentially expand the oxide mineralization. Drilling EM Anomalies - 3,000m of drilling allocated to follow up the HeliTEM identified anomalies, including down hole electromagnetic surveys. Metallurgy Program ...

Provides Inaugural Three-Year Operational Outlook and Updated Mineral Reserves and Resources New Gold Inc. is pleased to provide its inaugural three-year operational outlook and updated Mineral Reserve and Mineral Resources statement for the Company as of December 31, 2023. The Company will host a webcast today at 12:30 pm Eastern Time to discuss these items . The Company uses certain non-GAAP financial performance measures throughout this release. Please refer to the "Non-GAAP Financial Performance Measures" section of this news release for more information. Numbered note references throughout this news release are to endnotes which can be found at the end of this news release. Increasing Production and Decreasing Costs Highlight Strong Free Cash Flow Generation Over the Next...

Highlights: Heliostar undertakes review of financing options to complete the existing decline and test mining of a bulk gold sample in advance of a Feasibility Study Multiple scenarios show the potential to recover >20,000 ounces of gold from stopes averaging 7-10 g/t gold Demonstrates a potential pathway to production from test mining within 12 months The Company is assesing non-equity funding options for this program Heliostar has initiated a Preliminary Economic Assessment planned for completion in H2, 2024 Continued resource growth drilling, PEA, and underground permit modifcation submission to be completed in 2024 Heliostar Metals Ltd. is pleased to provide an update on the potential to advance the underground decline and complete test mining to process a bulk sample ...

DLP Resources Inc. announces receipt of complete rock sampling results for the area immediately NE of the current drilling at the Aurora porphyry copper-molybdenum project in southern Peru. Results for 40 rock samples taken to the NE of the DLP drilling identified an area of anomalous Cu, Mo and Ag extending over approximately 700m x 500m. This area also overlies a similar magnetic anomaly that underlies the main porphyry area. Highlights Rock chip sample 1062 returned 2.25% Cu and 195g/t Ag. This sample was taken from a moderately silicified and brecciated hornfels with mineralization consisting of pyrite-chalcopyrite-covellite-chalcocite and copper oxides. Sampling was done over a surface area of 10m x 10m. Further rock chip samples with highly anomalous Cu, Ag and/or Mo ...

Aura Minerals Inc. proudly announces that the Foundation San Andres, the social foundation of Minosa, has launched an innovative venture called Seeds of Hope aimed at fostering social and economic progress through the cultivation of grapes and wine production at the Minosa Mine , in Honduras. The Venture is designed to provide economic diversification and new employment opportunities in the surrounding local communities, with the potential to revitalize the regional economy for at least the next 50 years. Located within a one-hectare section of the Mine, the Seeds of Hope, will encompass the cultivation of eight distinct grape varieties, and is part of Aura's ongoing commitment to innovation, sustainable development and responsible mining. The Seeds of Hope has already yielded...