Aurania Resources Ltd. announces that its Chairman, President and Chief Executive Officer, Dr. Keith Barron has agreed to provide a loan of up to C$1,000,000 to the Company to be advanced from time to time in principal amounts as agreed by the parties . The Loan is unsecured, bears interest at 2% per annum and matures upon notice of twelve months and one day from the Lender. The Loan will help fund the Company's working capital and general corporate purposes as well as any exploration expenses in Ecuador. As of the date hereof, C$100,000 has been advanced under the Loan. Dr. Keith Barron is a related party of the Company by virtue of the fact that he is the Chairman, the President and Chief Executive Officer, a promoter and a principal shareholder of the Company, and as a res...

Onyx Gold Corp. is pleased to announce that it has completed a purchase agreement with a Private Vendor pursuant to which Onyx will acquire the Lalonde Property located approximately 85 km east of Timmins, Ontario. The Lalonde Property acquisition expands the Munro-Croesus Property to 9,235 ha, a 32% increase, adding substantial exploration potential across this relatively underexplored yet highly prospective section of the Timmins Gold Camp. Highlights of the Lalonde Property and the Agreement: Large land package contiguous and on strike to the Munro-Croesus project and directly north of Mayfair Gold's 3.5 Moz Au Fenn-Gib Deposit 1. +10 near-surface gold prospects and occurrences with gold values ranging from 1.03 grams per tonne gold to 41.1 g/t Au, 57.8 g/t Au, and 2,500 g...

Samples greater than 1.3% U3O8, on surface and close to infrastructure. Trench assays up to 0.50% U3O8. Excellent location approximately 5 km from Missinipe and Highway 102. Searchlight Resources Inc. is pleased to announce the staking of the Milner Lake Uranium Project, located approximately 5 kilometres west of Missinipe, and 60 kilometres north of La Ronge, Saskatchewan. Searchlight has staked a 446.7 hectare claim located 5 km west of Missinipe and Highway 102. The claim covers two areas of known uranium mineralization; the MUS Claim No. 5 Uranium Showing, and the KAZ Claim No. 8 Uranium-Fluorite Showing. These showings are among multiple historic uranium targets located south of the Athabasca Basin. The staking is part of the Company's systematic research and evaluation ...

Kirkland Lake Discoveries Corp. is pleased to announce that Phase 2 of its 10,000-m drill campaign at the Kirkland Lake Project has commenced on the Lucky Strike Property. The Company previously completed Phase 1 in September 2023 . The 10,000-m drill program is divided into three phases: Phase 1 consisted of nine holes drilled on the Goodfish-Kirana property Phase 2 has now commenced and the team will drill approximately 4,000 m at the Hurricane Intrusive Zone, KL East Phase 3 will follow up on Phase 1 and 2 drilling with approximately 3,000 m "We are excited to drill-test the Hurricane Intrusive Zone with this inaugural program at Lucky Strike," commented Non-Executive Chairman and Founder, Denis Laviolette. "We know that intrusive-related deposits do not happen in isolation...

Canadian Copper Inc. is pleased to announce that it has entered into a one third of production offtake agreement for copper concentrates from the Murray Brook deposit and an unsecured Credit Facility of up to US$1.5 million 1 with Ocean Partners UK Ltd. . Simon Quick, CEO of Canadian Copper, said, "First and foremost, we welcome Ocean Partners as a strategic shareholder to Canadian Copper. Ocean Partners bring in-depth technical expertise in asset evaluations and extensive knowledge of the base metal commodity market, both of which will prove invaluable to us. This new relationship between Ocean Partners and Canadian Copper is a strong endorsement of the advanced Murray Brook deposit and its unique position located less than 10 km from a fully constructed processing plant in ...

CSE:NF OTCQX:NFUNF Nuclear Fuels Inc. today announced continuing positive results from its on-going drill program at its Kaycee Uranium Project in Wyoming's Powder River Basin. 10 holes are reported with depths ranging from 350 to 600 feet. 5 holes returned significant uranium grades and thicknesses. Grade thicknesses over the economic cutoff of 0.3 ranged from 0.41 to 1.216 in the 3 holes with anomalous mineralization detected in 7 of the 10 holes. Favorable weather conditions in Wyoming and drilling success at the historic Saddle Zone combined to extend the fall 2023 program until just before the holidays in December of 2023. A total of 89 holes were completed. Outstanding drill results will be reported over the coming weeks. Spring drilling will resume as soon as weather a...

Arianne Phosphate is pleased to announce that it has commenced work on a Prefeasibility Study to construct a downstream purified phosphoric acid plant in the region, capable of converting the Company's high-purity phosphate concentrate into a finished PPA product. In pursuing this downstream integration, Arianne will be able to move beyond being a producer and seller of concentrate and leverage its geological advantage into becoming a dominant player in the high-purity, battery and specialty markets. As well, by moving to a fully vertically integrated...

Not for distribution to United States Newswire Services or for dissemination in the United States Blue Lagoon Resources Inc. is pleased to announce that the Company has completed a second closing of its private placement offering by issuing an additional 1,250,000 common shares of the Company at a price of $0.14 per share, the majority of which was taken by Crescat Capital, an important strategic investor of the Company. Combined with the first tranche of the private placement , the Company raised a total of $1,275,100, all from four strategic and sophisticated investors who understand and appreciate the potential of the Company's Dome Mountain high grade gold / silver project. "We are very pleased with this recent raise of over $1.2 million - offered without any discount to ...

TSXV: ARTG Project Remains Fully Funded, Within Guidance for Initial Capital Expenditure, and on Schedule Artemis Gold Inc. provides an update on Q4 construction progress at the Blackwater Mine in central British Columbia. The project remains fully funded, within the guidance for initial capital expenditure, and on schedule for first gold pour in H2 2024. At December 31, 2023, overall construction was 59% complete, and approximately C$389 million of the guided initial capital expenditure of C$730 to C$750 million had been spent. The lag between the spend and percentage of completion is as planned and consistent with a typical project S-curve. By the end of Q4 2023, the Company had entered into contractual commitments for C$615 million . The majority of the balance of uncommit...

Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce that the Ministry of Energy and Mines of Ecuador , in conjunction with the Agency of Regulation and Control for Non-renewable Natural Resources of Ecuador, has issued a permit which grants approval for the design, construction, operation, and maintenance of the tailings storage facility for the El Domo - Curipamba copper-gold project located in central Ecuador . In conjunction with the recently granted Environmental License , this permit and approval allows the Participants to further advance El Domo towards a construction decision expected in the first half of 2024. The start of TSF construction is a key condition precedent to draw from the financing package arranged with [wp=143]Wheaton Pr...

All amounts are in USD unless stated otherwise TSX: GMIN OTCQX: GMINF G Mining Ventures Corp. is pleased to announce that it has drawn approximately $42 million on its $75 million senior secured term loan with an affiliate of Franco-Nevada Corporation , as previously announced in July 2022. The $250 million gold stream, also announced in July 2022 has been fully drawn. The proceeds of the term loan will be used to continue the development and construction of GMIN's 100% owned Tocantinzinho Gold Project , currently under construction in the State of Pará, Brazil. The Project remains on track and on budget for commercial production in H2-2024. In connection with the draw on the term loan, GMIN provided evidence to Franco-Nevada that it has sufficient funding to fully satisfy th...

Arizona Sonoran Copper Company Inc. today announces its 2024 work plan and 2023 achievements. The ensuing year's activities relate to the continued advancement of the Cactus Property, through Feasibility studies while concurrently completing Nuton-related work programs. 2023 Achievements c. $74 million CAD Financing C$30M via bought deal financing US$33M via initial option to JV payment Option to JV with Nuton LLC, a Rio Tinto Venture Total option exercise payment to be determined based on the standalone ASCU Pre-Feasibility Study net present value Mineral Resources Increased the total M&I mineral resources by 221% Increased the leachable M&I mineral resources by 316% Strengthened the Owner/Operator Team Appointed Bernie Loyer as SVP Projects, Steve Dixon, Senior Meta...

Element 79 Gold Corp announces that is has completed an LOI with Compañía de Minas Buenaventura S.A.A. that is a significant stride toward realizing reanimating and generating revenue from its flagship past-producing Lucero property, near Chachas, Arequipa, Peru. A Transformative Move, Element 79 Gold Corp has signed a Letter of Intent with Compañía de Minas Buenaventura S.A.A. that paves the way for the sale of ore from the Lucero property. This marks a pivotal moment in the Company's journey and aligns directly with its cash-flow generation strategy for 2024. Unlocking Lucero's Potential CEO of Element 79 Gold, James C. Tworek, expressed his confidence in the opportunity the LOI realizes, stating, "This LOI represents a pivotal moment for ELEM - Proof of Concept that this past-produc...