Theta Gold Mines Ltd. is pleased to report on its activities for the quarter ended 31 December 2023. HIGHLIGHTS DURING THE DECEMBER 2023 QUARTER: - 2200 tons of fresh ore mined, and 2120 tons of historical mine sweepings extracted. - Final Environmental Authorisation received for Mining Right 83 from the Department of Mineral Resource and Energy of South Africa . - The Company continues to progress the due diligence process for the A$110 million non-binding Term Sheet signed with Sprott Streaming and Royalty Corporation . *To view the full quarterly report, please visit: https://abnnewswire.net/lnk/LU714670 About Theta Gold Mines Limited: Theta Gold Mines Ltd. is a gold development company that holds a range of prospective gold assets in a world-renowned South A...

Cobre Ltd. is pleased to provide a summary of activities for the Quarter ended 31 December 2023 , at its copper projects located in Botswana and Western Australia. Corporate: - Following the quarter's end, Cobre has been selected to participate in the BHP Xplor 2024 Program, a 6-month, accelerator program for early stage explorers looking to fasttrack and de-risk their geological concepts and increase their investment readiness. - BHP will provide Cobre with US$500,000 in nondilutive funding to support and accelerate its exploration plans during the Xplor Program period. - The Xplor Program provides participants with full access to dedicated technical and commercial coaching, as well as experts across BHP's Technical, Business and Operational departments globally. Botswana - ...

EDM Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement financing for aggregate gross proceeds of C$1.4 million . The President and CEO, Mr. Mark Haywood, stated: "EDM is pleased to announce the closing of this strategic financing. We regret that we were not able to accommodate all potential investors who expressed an interest in participating in the Offering. We thank everyone who expressed an interest, and hope to invite them to participate in our next offering. "Net proceeds of the Offering will be used to advance ongoing environmental work at our Scotia Mine and for general working capital purposes." The Offering consisted of 12,727,272 units of the Company , at a price of C$0.11 per Unit for gross proceeds of C$1,39...

Lake Resources NL is a responsible developer of sustainable, high-purity lithium. Lake uses ion exchange extraction technology, from Lilac Solutions Inc in California , who has earned a 20% interest into the Kachi Project. No mining is involved in the brine processing. Lake continued to make significant progress at Kachi, culminating in the completion of the DFS. The DFS demonstrates that Kachi is a tier one project, backed by a significant resource and strong economics, positioning it competitively within the growing lithium market. Lake continues to reduce our quarterly cash spend. With the completion of the DFS, the Company expects expenditures for the quarter ending 31 March 2024 to be approximately 40% lower than the quarter ending 31 December 2023. With the completion o...

QX Resources Ltd. holds four 100% owned hard-rock lithium projects, covering 355km2, strategically centred around Western Australia's prolific Pilbara province, hosting some of Australia's largest lithium deposits. QXR projects are Turner River , Western Shaw , Split Rock and Yule River . During the quarter, the Company announced the results of the rock chip sampling and geological mapping program undertaken during the prior quarter. Further rockchip sample results were returned with up to 3.8% LiO2 and 1.3% Rb2O at Turner River. These new samples, taken from new areas of interest within Turner River, are located some ~250m from where the first samples were reported last year which include ~10kg 'wheelbarrow-sized' samples grading 4.9% LiO2. With an expanded zone of interest,...

Ecora Resources PLC issues the following trading update for the period 1 October 2023 to 31 December 2023. This update is released ahead of the Group's audited full year results on 27 March 2024. Fourth Quarter and Full Year 2023 Portfolio Contribution FY23 portfolio contribution of $63.6m , with the YoY decline primarily a result of expected lower production within the Group's private royalty area at Kestrel as well as a normalisation of commodity prices in 2023 from near record levels the previous year. Q4 portfolio contribution was $14.4m . Net debt as at 31 December 2023 was $75m . Marc Bishop Lafleche, Chief Executive Officer of Ecora, commented: "In-line with our expectations, portfolio contribution rebounded from third quarter levels as operations at Kestrel moved back...

Ecora Resources PLC announces that it has entered into an amendment and extension of its $150 million revolving credit facility agreement with its existing syndicate of Scotiabank, CIBC and RBC. The agreement also includes an uncommitted accordion feature of up $75 million to be used to fund royalty acquisitions which, if implemented, would take the potential borrowing capacity up to $225 million. The facility has a maturity date of January 2027 with the potential to extend the tenor twice by up to 12 months on each occasion, is largely on the same terms as the previous facility and will be subject to SOFR plus a ratchet between 2.25% and 4.00%, depending on leverage levels. Commenting on the refinancing, CFO, Kevin Flynn said: "The continued and enhanced support from our len...

Desert Mountain Energy was not able to file its annual audited financial statements for the year ended September 30, 2023 and its related MD&A, and chief executive officer and chief financial officer certifications in respect of the foregoing, as well as its statement of reserves data and other oil and gas information, report on reserves data by an independent qualified reserves evaluator or auditor, report of management and directors on oil and gas disclosure and notice of filing of 51-101F1 information , by the prescribed filing deadline of January 29, 2024 . The Company made an application to the British Columbia Securities Commission for a temporary management cease trade order under National Policy 12-203 - Management Cease Trade Orders . The MC...

Osino Resources Corp. is pleased to announce that the Supreme Court of British Columbia has issued an interim order in connection with the previously announced plan of arrangement under the Business Corporations Act , pursuant to which Dundee Precious Metals Inc. will acquire all of the issued and outstanding common shares of Osino . For further information on the Arrangement and the definitive arrangement agreement between Osino and DPM , please refer to the joint news release of the parties dated December 18, 2023. Interim Order The Interim Order authorizes, among other things, the holding of a special meeting of holders of securities of the Company as of the record date of January 10, 2024 . At the Special Meeting, Securityholders will be asked to consider and...

Ucore Rare Metals Inc. is pleased to announce a closing of its previously announced non-brokered private placement of new convertible debentures for aggregate gross proceeds of $1.5 million . Proceeds from the Offering are to be used for general working capital purposes. Pursuant to the Offering, the Company has issued 1,510 convertible debentures at a price of $1,000 per Debenture. The Debentures bear interest at a rate of 7.5%, payable semi-annually on the last day of June and December of each year, commencing on June 30, 2024. The Debentures have an approximately two-year term with the principal amount being due to be repaid in full by the Company on January 31, 2026. The Debentures are unsecured. At any time during the term of the Debentures, a holder may elect to convert ...

Established gold producer Austral Gold Ltd. is pleased to announce that it has filed its Q4 2023 Quarterly Activity Report. The complete Report is available under the Company's profile at www.asx.com.au, www.sedar.com and on the Company's website at www.australgold.com/. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Release approved by the Chief Executive Officer of Austral Gold, Stabro Kasaneva. For more information, please contact: Jose Bordogna Chief Financial Officer Phone: +61 466 892 307 jose.bordogna@australgold.com To view the source version of this press release, please visit https://www.newsfilecorp.com/release/196262...

It was a strong operational quarter for Sayona Mining Ltd. , with ore mined and concentrate production at NAL increasing compared to the prior quarter. NAL produced 34,237 dry metric tonnes of concentrate at the target quality of 5.5% Li2O, up 9% on the previous quarter, while major capital projects such as the Crushed Ore Dome were advanced. The NAL team continues to explore options to optimise production processes, with initiatives to add new flotation instrumentation, additional monitoring of ore sorters and refinement of plant maintenance strategies well underway. Exploration activity continued during the December quarter, with drilling at NAL and Vallee Lithium completed, providing the potential for further increases to the existing NAL lithium resource base. The first d...

Established gold producer Austral Gold Ltd.'s announces updates to its loan arrangements with related parties. A loan of up to US$3 million provided by Inversiones Financieras del Sur S.A. , the Company's largest shareholder, was announced on 15 September 2023 of which IFISA has funded US$2 million . Mr. Eduardo Elsztain and Mr. Saúl Zang, two of the Company's directors, also loaned US$850,000 and US$150,000 respectively through loan agreements under the same terms as the IFISA Loan 2. It should also be noted that Mr. Elsztain has control over IFISA. A US$1 million loan, announced 13 March 2023 from Mr. Elsztain and Mr. Zang , has been extended to 31 March 2024. A US$0.555 million loan, announced 23 May 2023 from IFISA , has been extended to 10 February 2024, with a revised i...