Manning Ventures Inc. is pleased to announce it has received all geochemical analysis from ALS Global for the soil geochemistry program conducted on the 896.3 Ha Copper Hill project located 40 kms northeast of Hawthorne, Nevada, USA. The soil geochemistry program consisted of collecting 216 samples along north-south lines trending lines spaced 90 meters apart with samples collect at stations spaced 60 meters apart. In addition to the Laboratory's internal QA/QC procedures a program of inserting Certified Referenced Material into the sampling stream was employed. The program was designed to test for and expand on the copper skarn mineralization that occurs at Copper Hill. This geochemical data was compiled with the recent Gravity and historic Magnetic data to aid the company i...

Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.063 per share for June 30, 2024 . At the end of June, the Company's price per share was C$0.025. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Black Sheep Income Corp. Private $1,265,936 0.012 Guided Therapeutics Inc. Private $386,574 0.004 Working Capital and Liquid Investments $2,149,240 0.020 Other Public Equity Investments $2,067,143 0.019 Other Private Equity Investments $783,469 0.007 Other Merchant Banking Investments $81,598 0.001 Total $6,733,960 0.063 Working Capital is calculated as cash, adjusted for management's estimate for known liabilities and is subject to change with future estima...

Premium Nickel Resources Ltd. announces that it has granted an aggregate of 350,202 deferred share units to its non-management directors at a deemed price of $0.81 per DSU. The DSUs were granted in consideration for services rendered by the directors for the quarter ended June 30, 2024. The DSUs were granted in accordance with the Company's Deferred Share Unit Plan adopted on December 26, 2022, as amended, and were priced based on the volume weighted average price of the Company's common shares on the TSX Venture Exchange for the last five trading days immediately preceding the grant date. To date, the Company has issued a total of 1,393,676 DSUs to its non-management directors. About Premium Nickel Resources Ltd. PNRL is a mineral exploration and development company that is focused on the...

Bear Creek Mining Corp. announces the hiring of Mr. Donald Mc Iver in the position of Vice President, Exploration and Geology. Mr. Mc Iver is a geologist with over 35 years of international experience managing production geology teams and directing advanced exploration and development teams in Latin America and elsewhere. He has served in senior roles, primarily in Peru, for international and Latin America-focused mining and exploration companies and consulting firms, including Barrick Gold, Ausenco, Palamina, Mineral IRL, and others. Mr. Mc Iver holds a MSc degree in Exploration and Economic Geology from Rhodes University in South Africa and is a Fellow of both the SEG & AusIMM, a registered and recognized Qualified Person for more than 15 years, and a past member of the SEG ...

MONTRÉAL, July 08, 2024 -- Osisko Gold Royalties Ltd. is pleased to announce its second quarter 2024 deliveries, revenues and cash margin, as well as an update on its cash and debt positions as of June 30th, 2024. In addition, Osisko is also providing some select asset updates. All monetary amounts included in this report are expressed in Canadian dollars, unless otherwise noted. PRELIMINARY Q2 2024 RESULTS Osisko earned 20,068 attributable gold equivalent ounces1 in the second quarter of 2024. Osisko recorded preliminary revenues from royalties and streams of $64.8 million during the second quarter and preliminary cost of sales of $2.2 million, resulting in a record quarterly cash margin2 of approximately $62.6 million . As of June 30th, 2024, Osisko's cash position was appr...

Scandium Canada Ltd. is pleased to confirm that it has received $1M from its Rights Offering launched on June 3, 2024 and that closed on July 5,,2024 Guy Bourassa, CEO of Scandium Canada, said, "We are pleased with the results of the Offering, a clear demonstration of the interest of Scandium Canada's shareholders in the development of their Company. As we are advancing the development of the main primary source of scandium in the world, it is important to have the support of our shareholders. I wish to thank all the shareholders that participated in the Offering and welcome new investors that decided to join." Following the closing of the Rights Offering, the Company has issued 30,769,231 new shares and 30,769,231 share purchase warrants. Each share purchase warrant entitles...

Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States Highlights The first tranche of the previously announced $3.0 million special warrant offering has been closed oversubscribed at $3.3 million. The company announces an upsizing in the special warrant offering to $3.5 million. The company announces an additional non-brokered $0.15 private placement unit offering with a four-month hold totaling $341,250. VANCOUVER, British Columbia, July 08, 2024 -- Alaska Energy Metals Corp. is pleased to announce the closing of the first tranche of the previously announced non-brokered offering of 22,255,429 special warrants issued at the price of $0.15 pe...

Grid Battery Metals Inc. announces its results from its second phase of exploration and its plans for the third phase of its spring/summer exploration program at its Clayton Valley Lithium Property near Silver Peak, Nevada, which includes a four-hole drill program planned for September 2024. At the Clayton Valley Lithium Project, the infill soil sampling exploration work performed by Rangefront Geological and supervised by Rangefront Geologist / Company Qualified Person Steven McMillin P.G., has now been completed and results have come back from the assay lab. Infill Soil Samples Results Click Image To View Full Size Click Image To View Full Size Mr. Tim Fernback, Grid President & CEO states "These results, together with the Company's recently completed magnetotelluric ge...

Core Nickel Corp. is pleased to announce Geotech Ltd. has commenced helicopter-borne Versatile Time-Domain Electromagnetics and horizontal magnetic gradiometer geophysical surveys on the Company's 100%-owned Halfway Lake and Resting Lake projects . The Projects are situated in the central region of the Thompson Nickel Belt in Northern Manitoba, approximately 20 km from the town of Wabowden. The Projects feature significant nickel intersections based on historical drilling and are strategically positioned along an established trend with several nickel deposits and showings. Additionally, the area benefits from surrounding infrastructure including Provincial Highway 6, the HBR Rail Line and a major hydroelectric transmission line along Highway 6. Figure 1 - Halfway Lake and Res...

Kamoa-Kakula produced 100,812 tonnes of copper in concentrate in Q2 2024 First concentrate from the Phase 3 concentrator achieved on June 10, 2024, ramp up to steady state expected in Q3 2024 DRC power grid infrastructure upgrades continue, as well as phased roll-out of on-site, backup generation capacity Ivanhoe Mines to issue Q2 2024 financial results and host conference call for investors on July 31 Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete announced today that the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo produced 100,812 tonnes of copper in concentrate during the second quarter of 2024 and 186,925 tonnes of copper in the first half of 2024. Kamoa-Kakula's Phase 3 concentrator is expected to ramp up to steady-state production...

In January 2024 the Company announced a change of management concurrent with an oversubscribed private placement led by J. Paul Austin III. Following a detailed assessment of the Company's assets and strategic positioning, Canstar's new President & Chief Executive Officer, Juan Carlos Giron Jr., today announces a new geological model, priority exploration targets, and the reinitiation of district-scale exploration at Canstar's flagship Golden Baie and Buchans-Mary March Projects in south-central and central Newfoundland, respectively. Exploration Highlights Golden Baie Spring 2024 prospecting of the under-explored Woodcutter Prospect along the Little River Trend collected over 300 combined soil and grab rock samples; over 60% of the rock samples demon...

Announces the Exercise of Additional Share Purchase Warrants and the Closing of a Private Placement Taranis Resources Inc. is providing an update on its 2024 exploration program at Thor. Taranis has initiated its deep drilling program at Thor that is targeting magnetotelluric and magnetic targets identified in an airborne survey completed in 2022. The initial focus area is a series of deep anomalies below the Broadview Mine area of the Thor epithermal deposit. Exercise of Additional Warrants Pursuant to Taranis announcing the exercise of warrants in its May 2, 2024 and May 9, 2024 News Releases, Taranis is pleased to announce the exercise of a third tranche of warrants in the amount of $100,000 that will be used for ongoing exploration activities at Thor. Taranis has now rece...

TORONTO, July 8, 2024 /CNW/ - Karora Resources Inc. today announced that Institutional Shareholder Services , a leading independent proxy advisory firm, released a report recommending that Karora shareholders vote in favour of the previously announced statutory plan of arrangement with Westgold Resources Limited . The ISS Report states, in addition to other things, that "The arrangement carries sound strategic logic as the combined company is expected to deliver meaningful cost synergies, benefit from scale and a stronger financial position, and be more diversified. Karora Shareholders will be able to participate in the upside represented by the combined company through the share consideration, receive some degree of certain and immediate value through the cash p...