Silver Elephant Mining Corp. announces that it proposes to undertake a non-brokered private placement to raise gross proceeds of $960,000 through the sale of 2,000,000 units at a price of $0.48 per unit. Each unit consists of one common share of the Company and one share purchase warrant with each warrant entitling the holder to purchase one additional Share at a price of $0.70 per Share for a period of three years from issuance . The securities issued as part of the Private Placement will be subject to a regulatory hold period of four months plus one day from the date of issue. Proceeds of the Private Placement are expected to be used to commission Paca phase one sulphide operation , and for general corporate purposes. Directors of the Company, will be subscribing for, in th...

Pegasus Resources' CEO, Chris Timmins, joined Steve Darling from Proactive to share news that the company has finalized an agreement with KD Prospect to acquire a 100% interest in the Jupiter Project, a strategic uranium project located in Utah. The Jupiter claim group is situated 3 kilometers north of Energy Sands and consists of 48 unpatented claims in sections 10 and 15, Township 21 S, Range 14 E SLPM, Emery County, Utah. The claims are within the Bureau of Land Management and are accessible via a well-maintained service road that connects to the I-70 highway.
Timmins highlighted the acquisition of the Jupiter Project, along with the Energy Sands Project, as a significant opportunity for Pegasus and its investors. The Jupiter Project offers an advanced property with histor...

Condor Resources CEO Chris Buncic joined Steve Darling from Proactive to provide an update on the company's projects, including the key Pucamayo, where its exploration teams performed an analysis of successful 2023 drill results. These results validated the thesis of at least one hydro-magmatic center, with mineralization of gold, silver, and associated elevated values for lead, zinc, and copper.
The Company received notice from the Ministry of Energy and Mines that a separate Environmental Impact Assessment will be required for the South East Target, and the application process has been initiated. The community remains supportive of the Company's exploration efforts, which include expanding drill plans to incorporate an additional 40 drill holes in the South East Target.
Bun...

Gold Basin Resources CEO Colin Smith joined Steve Darling from Proactive to announce assay results for the first two reverse-circulation drill holes from the company's ongoing resource expansion and delineation drill campaign at the Gold Basin oxide gold project in Arizona. So far, 5 holes totaling 1,027 meters have been completed out of the planned 3,000-meter program, with the next batch of results anticipated in three weeks.
Smith told Proactive that assay results from resource expansion drilling at Stealth are on par with some of the best oxide gold results to date at the project and showcase the robust nature of the Stealth oxide gold system. In particular, the result from drill hole ST24-026 is highly encouraging, as it confirms the extension of a high-grade oxide gold ...

This news release is issued by Nioko Resources Corporations pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to common shares of Orezone Gold Corp. , a reporting issuer in each of the Provinces and Territories of Canada with a head office at 450-505 Burrard St., Vancouver, British Columbia, V7X 1M3. Pursuant to a binding subscription agreement dated July 9, 2024 , the Acquiror has acquired deemed beneficial ownership of 92,743,855 Common Shares to be issued from treasury at a price of C$0.70 per Acquired Share for aggregate consideration of C$64,920,698.50 . The Acquired Shares are expected to represent approximately 19.99% of the Common Shares issued and outstanding on closing of the Equity Financin...

Millennial Potash Chairman Farhad Abasov joined Steve Darling from Proactive to share news that the company has earned a total 70% interest in the shares of Equatorial Potash Pty, which, through its Gabon subsidiary Mayumba Potasse SARL, holds 100% of the Banio Potash Project. To achieve the 70% interest, the company has filed a Preliminary Economic Assessment and made milestone payments of $300,000 and 1 million shares of MLP to the vendors of the Banio Potash Project.
Abasov detailed that the PEA report outlines the potential for a low-cost solution mining operation at the Banio Potash Project. The PEA is based on the production of 800,000 tonnes per year of granular muriate of potash. The thick potash horizons, coupled with a solution mining approach, have resulted in one ...

Elko, Nevada-- - Lithium Corp. , a mineral exploration company focused on energy metals for the North American battery supply chain, is pleased to update investors on exploration activities across the Company's properties. In early April 2024, Lithium Corporation introduced the newly staked Las Pilas claim block prospective for hosting fluorspar mineralization. Las Pilas is located proximal to the past producing Rock Candy fluorspar mine in the Greenwood Mining Division, in southern British Columbia, Canada. The claim was expanded in May, and again lately when the Company added another two claims, more than doubling the size of the original claim. Today, Las Pilas total holdings are approximately 11,068 acres of highly prospective mining lands. Geochemical and g...

First Nordic Metals Corp. announces that subject to acceptance by the TSX Venture Exchange , the Company intends to amend the exercise price of an aggregate of 3,161,558 outstanding common share purchase warrants of the Company that were issued as part of a private placement that closed on August 23, 2022 , and to announce a warrant exercise incentive program on these Warrants. Taj Singh, President and CEO states: "Based on the success of our recently completed warrant program, with over 80% of subscribers participating and over $2 million being raised, we are opening up a similar warrant reprice / incentive plan on a near-expiring set of warrants." The Warrants have a current exercise price of $0.45 and the Company intends to amend the exercise price to $0.36 following recei...

Further to the news release issued on June 24, 2024, the Company will be completing a consolidation of the Company's share capital on a ten old for one new basis. The Consolidation was approved by the Company by way of directors' resolution. No shareholder approval was required for the Consolidation to come into effect. The Company's board of directors has set July 15, 2024, as the effective date of the Consolidation and trading of the common shares on a post-Consolidation basis on the TSX Venture Exchange. The Consolidation remains subject to the approval of the TSX Venture Exchange. The Company currently has 402,653,374 issued and outstanding common shares, and assuming no other change to the issued and outstanding common shares prior to completion of ...

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release. Forward-looking information All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projectio...

Global Energy Metals Corp. TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 , a multi-jurisdictional, multi-commodity critical mineral exploration, development and project generating company focused on growth-oriented projects supporting the global transition to clean energy, is pleased to provide an update on the recent activities of its portfolio companies. Through the monetization of non-core assets, GEMC has assembled a portfolio of high-quality, high-upside equity investments in industry peers providing our shareholders a diversified approach to the resource sector, multiple commodities and jurisdictions. Metal Bank Ltd. - GEMC holds 13,541,000 common shares Australian Portfolio Drilling program underway at the Millennium project in Queensland aimed at testing Fountain Range-Quamby Fa...

Global Stocks News - Disseminated on behalf of West Red Lake Gold Mines. On July 9, 2024 West Red Lake Gold Mines reported drill results from the Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. The North Austin Zone sits adjacent to existing underground development marking it as a high caliber, near-surface target that could potentially be developed early during future mine restart and production. The holes reported on July 9, 2024 were drilled from underground on the North Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast. HIGHLIGHTS: Hole MM24X-03-5195-018 Intersected 10m @ 13.40 grams per tonne gold , from 82m to 92m, Including 1.0m @ 17.75 g/t Au, from 82m to 83m, also Includin...

Red Lake Gold Inc. is pleased to announce the incoming appointment of Mr. Jordan Harris as VP, Exploration of Red Lake Gold, with the position commencing on Monday, July 15, 2024. "Red Lake Gold is excited to welcome our incoming Vice-President of Exploration, Jordan Harris, to the team. As we await laboratory results from our recent field program on a prioritized area at our Whirlwind Jack Gold Project, we are continuing to build-out and strengthen our senior leadership in advance of our expectation of more exploration activity ahead," noted Ryan Kalt, Chief Executive Officer of the Corporation. Mr. Harris is a geoscientist with expertise in spatial analysis of mineral deposits, including their exploration settings. At Red Lake Gold, he will be involved in the planning and o...