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...

Summary Drilling consists of up to 4,000 meters of core drilling to extend the known high-grade mineralization of up to 73.5 meters at 8.42 g/t gold in Hole DP22-03, and 12 meters at 11.0 g/t including in Hole DP23-04 over the last two years. Drilling includes preliminary exploratory holes at Pelham West to test the mineralization beneath the historical pits highlighted by LiDAR survey in the fall of 2023. Priority targets in the West Contact Zone will be test drilled to confirm the previously obtained high-grade trench assays of up to 8.04 g/t gold over 39 meters. Dynasty Gold Corp. is pleased to announce that its 2024 drill program has started on its Thundercloud property in the Archean Manitou-Stormy Lakes Greenstone belt, 47 kilometers southeast of Dryden in northwestern ...

Golden Spike Resources Corp. is pleased to announce it has staked an additional mineral licence covering 1,625 hectares adjacent to its 100%-owned Gregory River Copper-Gold property in western Newfoundland. As shown on Figure 1, the new licence significantly grows the size of the Property and bring the total area to approximately 5,050 ha . Highlights: The new licence significantly expands the total land package of the Property and further consolidates Golden Spike's strategic land position over the Gregory River district and the surrounding area. Expanded land position covers the potential southern extension of the Gregory River volcanogenic massive sulphide belt and adds exploration potential along the western boundary. Majority of the new licences remain underexplored and ...

Extends and Amends Advisory Engagement Velocity Minerals Ltd. announces that it has published its fourth annual ESG Report , which is available for download on the Velocity website. In the Report, the Company outlines Velocity's continued focus on environmental stewardship, local stakeholders and leadership in the community. The Company also provides clarification on its advisory engagement with Leede Jones Gable Inc. and the recent amendment to the agreement . The Advisor will continue to work with Velocity's management and board of directors to evaluate a range of strategic alternatives that may be available to the Company to maximize value for all shareholders. There can be no assurance that ongoing assessment of strategic alternatives will result in any specific strategic...

Aftermath Silver Ltd. is pleased to announce that on-going metallurgical test work has successfully produced battery grade manganese sulphate crystals, assaying 32.9% Mn from the second high-Mn drill core composite sample of silver-copper-manganese mineralization from its Berenguela project in Peru. The test work on Aftermath Sample # RD4LOWA was carried out at Kappes Cassiday and Associates' Reno facility and involved only hydrometallurgical processes. No electrowinning was required for purification. The tables below contain results for the head assay grade of the composite test sample and the final MnSO4 analysis. High Purity MnSO4.H2O Analysis Composite RD4LOWA Ag As Al B Ba Be Bi Ca Cd Co Cr Cu Fe K Units ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm Assay <1...

CSE: TEX | OTCQB: TRGEF | FRA: V6Y Targa Exploration Corp. today announced the completion of the next phase of exploration fieldwork at the Company's flagship Opinaca Gold and Lithium project , located in the James Bay region of Quebec. Highlights 2,588 regional and in-fill till samples taken near previously identified gold anomalies 72 Heavy Mineral Concentrate samples to look for gold grains Over 130 rock samples from boulders and outcrops Lab results expected in August with plans for additional fieldwork in September "With the help of our project operators, Kenorland Minerals, we have completed another safe and efficient field program at Opinaca", commented Targa CEO, Cameron Tymstra. "Utilizing a portable XRF machine in camp, we were able to quickly determine the key area...