VANCOUVER, BC, Aug. 8, 2024 /CNW/ - New Pacific Metals Corp. is pleased to report the filing of an independent Pre-Feasibility Study technical report for its Silver Sand project located in Potosi, Bolivia with an effective date of June 19, 2024 . The PFS Technical Report was prepared in accordance with the Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects . The qualified persons for the PFS Technical Report are Mr. Wayne Rogers, P.Eng., and Mr. Mo Molavi, P.Eng., both Principal Mining Engineers with AMC Mining Consultants Ltd. , Mr. Eugene Tucker, Principal Mining Engineer and Regional Manager with AMC Consultants, Mr. Andy Holloway, P.Eng., Process Director with Halyard Inc., and Mr. Leon Botham, P.Eng., Principal E...

Bathurst Metals Corp. is pleased to announce the start of their summer fieldwork on the Peerless Gold Project. The summer fieldwork aims to develop additional drill targets on other inferred, east-west trending structures with gold in soil geochemistry close to ultramafic contact. These structural intersections are one of the most characteristic features in gold deposition within the Goldbridge Mining Camp and occur in several areas on the Peerless Property. Our discovery in February 2024 from diamond drill hole PR24-004 returned grades up to 0.202 oz/tonne gold over 16.73 feet including 0.628 oz/tonne gold over 3.61 feet. KEY POINTS - Peerless Project Discovery of near-surface, gold-bearing east-west trending structures. Significant gold mineralization occurs within ultramaf...

E3 Lithium Ltd. , "E3 Lithium" or the "Company," a leader in Canadian lithium, is pleased to announce its plan to build a fully integrated Lithium Brine Demonstration Facility with the goal to produce battery grade lithium carbonate from brines located within the Leduc reservoir in Alberta. The Demo Project takes a significant step forward in the Company's strategic plan to develop a commercial lithium facility that will reinforce western Canada as a major lithium resource jurisdiction. The Demo Project will be an advancement from the successful Direct Lithium Extraction pilot program conducted in 2023. The Company operated and evaluated multiple technologies, showcasing the technical feasibility of DLE technology including its own proprietary DLE. The 2023 pilot provided cri...

London, 8 August 2024 - Endeavour Mining Plc announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. Aggregated information Dates of purchase: 07 August 2024 Aggregate number of ordinary shares of USD 0.01 each purchased: 39,551 Lowest price paid per share : 1,544.74 Highest price paid per share : 1,578.00 Volume weighted average price paid per share : 1,550.67 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,718,107 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,718,107. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they wi...

Equinox Gold Corp. announces a correction to its news release issued today at 5:13 pm PT entitled "Equinox Gold Reports Second Quarter 2024 Financial and Operating Results". The news release incorrectly stated that in connection with a new Term Loan, the Company had entered into gold collar contracts to deliver 279,996 ounces per month beginning July 2024 through to June 2026. The news release should have read that the gold contracts require the delivery of a total of 279,996 ounces. This error also occurred in the Company's management's discussion and analysis for the three and six months ended June 30, 2024. This correction does not change any other information in the news release or the MD&A. The corrected MD&A will be filed on the Company's profile on SEDAR+ at ww...

Fortuna Mining Corp. today reported its financial and operating results for the second quarter of 2024. Second Quarter 2024 highlights Financial Attributable net income of $40.6 million or $0.13 per share, compared to a $26.3 million or $0.09 per share in Q1 2024 Adjusted attributable net income1 of $30.4 million or $0.10 per share, compared to $26.7 million or $0.09 per share in Q1 2024 Generated $93.0 million of cash flow from operations before working capital changes, and free cash flow from ongoing operations1 of $38.6 million, compared to $84.3 million and $12.1 million, respectively, in Q1 2024 The Company issued Convertible Notes for gross proceeds of $172.5 million which were partially used to pay in full the outstanding $125.0 million under its revolving credit facili...

All financial figures are in US dollars, unless otherwise indicated. Equinox Gold Corp. is pleased to announce its second quarter 2024 summary financial and operating results. The Company's unaudited condensed consolidated interim financial statements and related management's discussion and analysis for the three and six months ended June 30, 2024 will be available for download on the Company's profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar and on the Company's website at www.equinoxgold.com. The Company will host a conference call and webcast on August 8, 2024 commencing at 7:30 am Pacific Time to discuss second quarter results and activities underway at the Company. Further details are provided at the end of this news release. Greg Smith, President and...

Cobalt Blue Holdings Ltd. offers a potential solution to the looming sulphuric acid supply shortage in Queensland, as included in the Queensland Government's recent 'Acid Supply Study' for the North West Minerals Province. Our innovative technology offers an alternative solution for producing high-purity elemental sulphur, a key component in sulphuric acid production. This technology aligns perfectly with the Queensland Government's call for alternative acid production methods in the wake of the Mt Isa Copper Smelter closure. Key Points: - Cobalt Blue's technology generates elemental sulphur as a valuable by-product during its metal extraction process. - The Queensland Government's report identifies a hybrid approach combining our sulphur production with a sulphur burning aci...

LithiumBank Resources Corp. is pleased to announce the filing of the National Instrument 43-101 Technical Report for the Park Place Lithium-Brine Project located in West- Central Alberta, Canada entitled "LithiumBank Resources Corp. Park Place NI 43-101 Technical Report" effectively dated June 24, 2024. The Park Place resource estimate highlights was originally announced by the Company on June 24, 2024. The Park Place Technical Report can be found on the Company's website and on SEDAR+. Park Place Resource Estimate Highlights include: Park Place is the largest known NI 43-101 inferred lithium brine resource estimate in North America. Highest known reported lithium-in-brine grades used in a NI 43-101 inferred lithium resource estimate in Alberta. 10,076,000 tonnes inferred LCE...

Entrée Resources Ltd. has today filed its interim financial results for the second quarter ended June 30, 2024. All numbers are in U.S. dollars unless otherwise noted. Q2 2024 HIGHLIGHTS Oyu Tolgoi Underground Development Update The Oyu Tolgoi project in Mongolia includes two separate land holdings: the Oyu Tolgoi mining licence, which is held by Oyu Tolgoi LLC and the Entrée/Oyu Tolgoi JV Property, which is a joint venture partnership between Entrée and OTLLC. Rio Tinto owns 66% of OTLLC and is the manager of operations at Oyu Tolgoi. On July 15, 2024, Rio Tinto announced ramp up of the Oyu Tolgoi Lift 1 underground mine continues in line with its long-term plan. Oyu Tolgoi is set to become the world's fourth largest copper mine by 2030 with the operation expected to deliver ...

McEwen Mining Inc. today reported its second quarter and half year results for the period ended June 30th, 2024. "I'm delighted that this quarter was the most profitable since 2016 as measured by Adjusted EBITDA for our mining operations and Q3 is off to a good start. Production costs increased 8% quarter-over-quarter, but revenue grew by 38%. Fox and Gold Bar are capitalizing on the higher gold prices to increase operating cash flow, Gold Bar in particular with its AISC at only $1,400 per GEO in H1. It's important to note that our net loss continues to be influenced by McEwen Copper and its expenses at Los Azules, which are non-cash as it relates to MUX," commented Rob McEwen, Chairman and Chief Owner. "McEwen Copper continues to grow in value - based on the most recent inje...

Yorbeau Resources Inc. is pleased to announce that it has completed a fully-subscribed private placement by issuing 20,000,000 "flow-through" Class A common shares at a price of $0.05 per share for aggregate gross proceeds of $1,000,000. The Company will use the proceeds raised from the issue of the flow-through Class A common shares to incur Canadian exploration expenses on its properties. Five directors subscribed for a total of 12,110,000 Class A common shares having an aggregate subscription price of $605,500. As insiders of the Company participated in the Private Placement, it is deemed to be a "related party transaction" as defined under Multilateral Instrument 61-101-Protection of Minority Security Holders in Special Transactions . The Private Placement is exempt from ...

Highlights $14.0 million in a secured convertible debenture, convertible into royalties on two future Northstar facilities Rapidly accelerates Northstar's future growth plan Adds future financing optionality for Northstar assets Adds a reputable long-term financing partner Virtual investor webinar Thursday, August 8, 2024 at 6:00am PT - see link here VANCOUVER, BC and CALGARY AB, Aug. 7, 2024 /CNW/ - Northstar Clean Technologies Inc. is pleased to announce effective today it has entered into a definitive agreement with CVW CleanTech Inc. , pursuant to which CVW CleanTech will provide Northstar with $14.0 million in funding through a five-year 10.0% second secured convertible debenture convertible into revenue royalties on two Northstar facilities. Experience the full interacti...