VANCOUVER, BC, Aug. 14, 2024 /CNW/ - The following issues have been halted by CIRO Company: Goldgroup Mining Inc. TSX-Venture Symbol: GGA All Issues: Yes Reason: Pending News Halt Time : 9:15 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot pro...

TSX Venture Exchange: ADY OTC: ADYRF FSE: 701GR Adyton Resources Corp. is pleased to report that Dr Chris Bowden who recently joined Adyton as Chief Operating Officer is now on Feni Island leading a team of PNG geologists and field assistants verifying previously reported information, collecting new rock samples and undertaking field mapping. CEO Statement "On the back of Dr Chris Wilson joining the Adyton Board as key geological technical adviser I am thrilled that Dr Bowden has joined the Adyton team and will spearhead our on the ground exploration activities. Dr Bowden has a strong discovery track record leading successful exploration teams globally, including in many developing countries. His experience spans multiple deposit types, specializing in mineralized epithermal ...

One World Lithium Inc. announces that further to its June 14, 2024, news release, it now has completed a first tranche of its non-brokered private placement . Under the First Tranche, the Company has issued 9,231,835 Units for gross proceeds of $276,955. All securities issued are subject to a four month and one day hold period, from the closing of the Offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. The First Tranche comprises the initial portion of the Offering, which is hereby extended, under which OWL is offering up to 16,666,666 units at a price of $0.03 per unit for gross proceeds of $500,000. Each Unit will consist of one common share of the Company and one non-transferable Common Share purchase warrant . Each ...

Dynasty Gold Corp. has completed Phase 1 of its 2024 Drill Program at its Thundercloud property in the Archean Manitou-Stormy Lakes Greenstone belt, 47 kilometers southeast of Dryden in northwestern Ontario. Ivy Chong, the President and CEO, comments, "Dynasty completed Phase 1 of the 4,000 meters planned drilling, consisting of 11 holes for a total of 2,198 meters. The eight holes within the Pelham Zone all intersected intervals from 10+ to 70 meters of strong pyrite veinlets and disseminations similar to that associated with high-grade mineralization in the previous two years of grades up to 8.4 g/t gold over 73.5m including 151.7 g/t gold over 3.0m . We look forward to receiving the assay results from Phase 1 drilling within the next several weeks and will re-commence dril...

Go Metals Corp. is pleased to report multiple titanium-vanadium-bearing massive oxides occurrences from the reconnaissance program at the KM98 critical metals project. The property is 35 kilometres north of the Lac Tio Mine on the Côte-Nord of Québec. Scott Sheldon, CEO of Go Metals states, "We are seeing very encouraging critical minerals values at surface within all the anomalies at the greenfield KM98 project. Both vanadium and titanium values are in line with globally significant vanadium and titanium bearing magnetite projects like the Blackrock and Lac Dore deposits in Chibougamau." Figure 1: Southern anomaly at KM98 with vanadium and titanium occurrences To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5946/219884_90969aa...

The uranium market is experiencing a remarkable resurgence as global energy strategies shift toward cleaner, more sustainable sources. Projected to reach $11.38 billion by 2030, the uranium sector is set to grow at an annual rate of over 5%, driven by increased reliance on nuclear energy and heightened climate goals. The rise in demand is fueled by major economies expanding their nuclear power capacities to cut carbon emissions and secure energy independence.
In North America, this growth is evident as both established and new players in the uranium mining sector seek to meet the increasing global demand. This dynamic environment presents numerous opportunities for companies to explore and develop new uranium resources. As the market evolves, the focus now turns to how emerging companies a...

Classification of Sphene Capital GmbH to Newfield Resources Ltd. Company Name: Newfield Resources Ltd. ISIN: AU000000NWF9 Reason for the research: Initiation of Coverage Recommendation: Buy from: 14.08.2024 Target price: AUD 0.47 Target price on sight of: 36 months Last rating change: - Analyst: Peter Thilo Hasler, CEFA A high-grade diamond mine with 8.3 mn carats We are initiating research coverage of Newfield with a Buy rating and a price target of AUD 0.47 per share , representing substantial upside from the current share price of AUD 0.14. Our price target is derived from the speculative diamond resources of its Tongo and Tonguma projects , for which we calculated a probability weighted discounted cash flow value. Other assets were not included in our valuation, represent...

Results from drill holes FL24-009 FL24-0010 & FL24-0020 include: DL FL24-009 confirmed 1.15% Li2O over 4.97 m and 1.52% Li2O over 5.02 m DL FL24-010 confirmed 1.10% Li2O over 9.88 m DL FL24-020 confirmed 0.80% Li2O over 9.05 m VANCOUVER, British Columbia, Aug. 14, 2024 -- Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, is pleased to announce positive results from completed 5,826-metre drilling campaign at its Zoro Lithium Property that was previously announced completed on May 23, 2023. The drilling program targeted untested mineralization at depth, south-east of Dyke 1, the Company's maiden inferred resource of 1,074,567 tons at a grade of 0.91% Li2O, with a cut-off of 0.3%, as outlined in the Company's filed Regulation S...

IperionX is pleased to announce the successful commissioning of the Hydrogen Assisted Metallothermic Reduction furnace, marking the first titanium de-oxygenation production run at the Titanium Manufacturing Campus in Virginia, U.S.A. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240812973672/en/ IperionX HAMR first furnace production cycle This first titanium de-oxygenation production run represents a key technological milestone for IperionX that underpins a breakthrough +60x increase in titanium production capacity. Produced entirely from 100% scrap titanium , quality assessments confirmed a large reduction in oxygen levels from 3.42% to below 0.07%, far exceeding the ASTM standard requirement of 0.2% for Grade 5...

Highwood Asset Management is pleased to announce financial and operating results for the three and six months ended June 30, 2024. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis for the period ended June 30, 2024, are available on Highwood's website and on SEDAR+. Highlights Achieved record corporate production of 6,459 boe/d in Q2 2024, representing an increase of approximately 29% from Q1 2024 as a result of a successful first quarter drilling program with wells that were brought late in the first quarter. Highwood delivered record Adjusted EBITDA of $22.5 million and funds flow from operations of $19.8 million in Q2 2024 representing increases of $5.1 mi...

Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On August 12, 2024 West Red Lake Gold Mines reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. AUSTIN ZONE HIGHLIGHTS: Hole MM24D-09-4796-018Intersected 2.5m @ 107.61 g/t Au, from 80.0m to 82.5m Hole MM24D-09-4796-006Intersected 11.77m @ 7.04 g/t Au, from 62.23m to 74.00m Hole MM24D-09-4796-005Intersected 7m @ 5.70 g/t Au, from 53m to 60m Hole MM24D-09-4796-007Intersected 5m @ 7.68 g/t Au, from 45m to 50m "The Austin Zone makes up the bulk of the existing resource," stated Shane Williams, President and CEO. "To see this zone capable of producing gold grades in excess of 250 grams per tonne over meaningful widths is particularly exci...

TNR Gold Corp. is pleased to announce that McEwen Mining Inc. has provided an update on the Los Azules copper, gold and silver project in San Juan, Argentina. TNR holds a 0.4% net smelter returns royalty on the Los Azules Copper Project. The Los Azules project is held by McEwen Copper Inc. , a subsidiary of McEwen Mining. The news release issued by McEwen Mining on August 8, 2024, stated: "McEwen Copper Inc., 48.3% owned by McEwen Mining Inc. , is pleased to comment on the excitement in Argentina that includes: Infill Drill Highlights: AZ24375: 217 meters of 1.11 % Cu, incl. 100 meters of 1.32 % Cu AZ24335: 158 meters of 0.84 % Cu, incl. 78.5 meters of 1.10 % Cu AZ24403: 276 meters of 0.86 % Cu, incl. 160 meters of 0.96 % Cu AZ24320: 146 meters of 0.89 % Cu AZ24...

Montage Gold Corp. is pleased to announce the closing of its previously announced brokered private placement of 102,857,143 common shares of the Company at a price of C$1.75 per Common Share for gross proceeds of C$180 million . The Offering was led by Stifel and SCP Resource Finance LP as co-lead agents and joint bookrunners , on behalf of a syndicate of agents including Cormark Securities Inc., Raymond James Ltd., and Beacon Securities Limited . Following completion of the Offering, Trusts controlled by the Lundin family and Zijin Mining Group Co. Ltd. now hold ownership interests in Montage of 19.9% and 9.9%, respectively. The net proceeds of the Offering will be used for development expenditures at the Company's Koné Project, exploration, and for working capi...