Taranis Resources Inc. is pleased to announce that the Canada Revenue Agency has reversed its 2021 ruling that disallowed the use of Canadian Exploration Expenses treatment for certain expenditures incurred in 2017 and 2018 related to the permitting of the 10,000 tonne exploration Bulk Sample. This ruling was made in response to the Company's "Request for Loss Determination for the taxation years ended December 31, 2017 and December 31, 2018" which it filed on February 1, 2022. History of Bulk Sample Permitting at Thor Taranis submitted a Joint Environmental and Mines Act Permit application to the government of British Columbia on October 15, 2018. Pre-Screening began on January 15, 2019 and was completed on September 16, 2019. On September 16, 2019, the Permit application pr...

Plato Gold Corp. is pleased to announce the results of its 2023 winter drill program totalling 419 m and 2 drill holes on the Marriott Gold Property, Matheson, Northeastern Ontario. The Marriott Property is located within the Abitibi Greenstone Belt gold mining camp. Plato's 2023 drill holes are located 11 km east of Agnico Eagle's Holt gold mining complex. The Marriott drill core displays typical characteristics of Abitibi gold deposits with elevated sulphides and base metals contents: Disseminated sulphides up to 35% in blue basaltic breccia Disseminated sulphides up to 2% in massive basalt and brecciated basalt Up to 7% pyrite and coarse-grained pyrite up to 2 x 3 cm in size in brecciated basalt Anomalous copper up to 177 ppm Cu, in brecciated basalt, sample 889849, drill ...

Kootenay Silver Inc. is pleased to announce an updated Mineral Resource Estimate on its 100% owned La Cigarra Project , located in the Parral Silver District of Chihuahua State, Mexico. The current Resource Estimate, calculated by Allan Armitage, Ph.D., P.Geo., of SGS Geological Services in accordance with NI 43-101 standards , CIM Definition Standards with guidance from CIM Best Practice Guidelines and supersedes a 2015 mineral resource estimate, also prepared by Dr. Armitage for previous owner Northair Silver Corp. which was acquired by Kootenay in 2016. La Cigarra is situated within a well established Mexican mineral district and is a key property in Kootenay's portfolio of advanced silver exploration projects. Highlights of the 2024 La Cigarra Mineral Resour...

Viva Gold is pleased to advise that it plans to commence reverse circulation drilling operations at its Tonopah Gold Project by mid-February 2024. All drilling contracts are signed, and the Company has been granted approval by the US Bureau of Land Management for its Work Plan #42, allowing up to 23 new drill locations. We anticipate drilling approximately 12 to 15 holes to an average planned depth of 150 meters in this program. Archaeologic clearance and construction of drill pads is planned to commence February 5. Tonopah is located on the prolific Walker Lane mineral trend in western Nevada, about 20 minutes' drive from the town of Tonopah. The focus of this program is to further delineate the new, near-surface, high-grade gold zones ...

C2C Metals reports the acquisition of its first United States uranium project, through staking of the Melinda Uranium Project in Utah. Located in the San Rafeal Uranium District, the Melinda Project includes 240 claims covering 8 square miles. The project saw extensive exploration between 1978 and early 1980, when uranium mineralization was broadly outlined by 375 drill holes by URADCO, a uranium exploration subsidiary of the nuclear utility Pennsylvania Power and Light (PPL). Of the 375 drill holes, approximately 100 intercepted significant uranium mineralization. C2C Metals plans to permit a drill program for 2024 to follow up on the targets identified by PPL as well as expand exploration into the westerly extension of the mineralized trend as identified by airborne radiometric studies not available to PPL in 1980. C2C continues to evaluate conventional uranium projects with the Southwest United S

Intrepid Metals Corp. announces that it has closed the second and final tranche of its previously announced non-brokered private placement offering for a total of $6.6 million in gross proceeds from both tranches. On January 5, 2024, the Company closed a first tranche of the Offering for $3.23 million in proceeds . On January 24, 2024, the Company closed the second tranche for an additional $3.37 million in gross proceeds. "In response to the overwhelming interest in Intrepid, we increased the offering which not only validates the exceptional quality of our project portfolio but also reflects a high level of confidence in our team," said Mark Morabito, Chair of Intrepid. "We were very pleased to receive such a strong show of support for this offering, where demand exceeded wh...

Jan. 25, 2024 -- Fredonia Mining Inc. is pleased to announce that it intends to increase the size of its previously announced non-brokered private placement offering . The Company now expects to issue up to 18,000,000 units at a price of $0.05 per Unit for total gross proceeds of up to $900,000. Each Unit will comprise one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant will be exercisable at a price of $0.10 per Common Share for two years from the date the Offering closes. The expected net proceeds from the Offering are not different from the previous announcements and are intended to be used for working capital and general corporate purposes. To accommodate additional interest in the Offering, the Offering is now expected to clos...

Labrador Gold Corp. is pleased to announce results from recent drilling targeting the highly prospective Appleton Fault Zone. The drilling is part of the Company's ongoing 100,000 metre diamond drilling program at its 100% owned Kingsway Project. The latest results include holes drilled at Pristine, the NE extension of Big Vein, initial holes at Knobby and Peter Easton as well as the first hole in the new HM occurrence. Hole K-23-334 was a short hole drilled into the HM occurrence to test for gold mineralization at depth below the quartz vein at surface. Most of the hole was anomalous in gold grading 0.87g/t Au over 55.9 metres that included a zone with 27 grains of visible gold that graded 38.37g/t Au over 0.8 metres from 61.4 metres near the bottom of the hole. The HM occur...

Grounded Lithium is pleased to announce that we have obtained consents, from shareholders holding over 50% of the outstanding shares of the Company, in respect of the previously announced definitive agreement with Denison Mines. The Company has also received final approval from the TSX-V to close the transaction. With all approvals obtained, the earn-in option granted by the Agreement is effective as of January 24, 2024. As communicated in the January 16, 2024 press release, the 5% gross over riding royalty sold to Denison is now reduced to 2%. The GORR will be eliminated in its entirety on the earlier of: the date that Denison completes the first earn-in option under the Agreement; and the date that is fifteen months after date of t...

CNX Resources Corp. today released financial and operational results for the fourth quarter 2023 by posting those results on its website as detailed below. The company's fourth quarter prepared remarks can be accessed by clicking here. Fourth quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can be accessed by clicking here. A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplemental information, and presentation materials are also available on the Investor Relations page of the company's website at www.cnx.com. As previously disclosed, the CNX...

Arizona Sonoran Copper Company Inc. , is pleased to release drill assay results from an exploration program at the MainSpring property, situated within the Cactus copper project in Arizona. A total of 7 of 11 ASCU drilled holes completed last year , and 22 legacy holes from the previous option holder are reported here and indicate mineralization from the Parks/Salyer deposit nears surface as it extends south . Future drilling will test the open pit potential of MainSpring with the intent of updating the Cactus Mineral Resource Estimate post-Prefeasibility Study . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240125984945/en/ Drilling Highlights: - ECM-194: 1,053 ft @ 0.20% CuT, of mineralization from 147 ft depth ...

Cabral Gold Inc. is pleased to announce drill results from an initial nine RC holes testing the near-surface oxide material at the Machichie gold discovery, Cuiú Cuiú gold district in northern Brazil. These holes are part of a drill program to better define the gold-in-oxide mineralization at the Machichie target, which is located 500m northwest of the MG gold deposit, and could have an impact on the current plans for trial-mining of the oxide material. Highlights RC399 returned 23m @ 1.1 g/t gold from surface in mineralized saprolite. RC402 returned 23m @ 0.5 g/t gold from surface in mineralized saprolite, including 1m @ 6.6 g/t gold from 9m downhole. The hole also intersected 7m @ 2.5 g/t gold from 30m downhole in mineralized saprolite. Hole RC403 drilled on the same sectio...

Highlights: QC Copper conducted AI analysis using extensive, high-quality geological data, identifying five top-priority drill targets AI Targeting is aimed at new discoveries on QC Copper's ~25,000 hectare Opemiska Project Priority drilling for 2024 includes drilling select AI areas and at the Cook and Robitaille former mine sites to delineate their resources QC Copper and Gold Inc. is pleased to announce that it has received Windfall Geotech's final report on its Artificial Intelligence analysis for Opemiska, leveraging substantial historical drilling, geophysics, and sampling data from QC Copper's ~25,000-hectare land. This rich dataset enables the AI software to identify patterns and trends effectively, pinpointing drill-worthy targets for 2024 exploration. The success of...