Drill Highlights include: 4.0m at 0.47% copper and 71m at 0.15% copper, including 4.7m at 0.26% copper, 6.0m at 0.37% copper, and 24.5m at 0.21% copper Trench Highlights include: 7.8m grading 2.37 g/t gold, including 1.0m grading 12.3 g/t gold Second Drill Rig Mobilized to Project Velocity Minerals Ltd. announces receipt of drill results from the Iglika copper-gold property , located in southeast Bulgaria. Exploration is ongoing and a second drill rig has been mobilized to the Property. The drill program is fully funded by Dundee Precious Metals Inc. . Drilling Highlights Drill hole IDD-006 intercepted 4.0m grading 0.47% copper, including 1.0m grading 1.77% copper. This is underlain by 70.9m grading 0.15% copper, including 24.5m grading 0.21% copper and 6.0m at 0...

ACME Lithium Inc. is pleased to announce that it has entered into an option agreement with Eagle Battery Metals Corp. , pursuant to which ACME will grant EBM the sole exclusive option to acquire the 100% undivided interest in the mineral claims held by ACME at its Fish Lake Valley lithium project, located in Esmerelda County, Nevada. ACME's Fish Lake Valley lithium project is comprised of 207 lode mining claims totaling approximately 4,139 acres located in Esmerelda County, Nevada. To the east, the property neighbors Ioneer's Rhyolite Ridge world class Lithium-Boron Project. EBM can exercise the option by paying a total of USD$1,475,000, issuing shares of EBM worth an aggregate of USD$3,300,000, and incurring a total of USD$500,000 in exploration and development expenditures ...

TSXV: COCO Coast Copper Corp. is pleased to announce that the Controlled Source Audio-frequency Magnetotellurics ground geophysical survey completed on its optioned, past-producing Empire Mine property located on Northern Vancouver Island, B.C. has generated three high-priority drill targets. In December 2023, Coast Copper engaged Peter E. Wallcott and Associates to complete a 5-line ) CSAMT survey over portions of the Property near the historical Benson Lake Mine representing one of numerous targets on the Property . The CSAMT survey shows that known mineralization and underground workings at the past-producing Benson Lake Mine are associated with a resistivity low exhibited by two CSAMT lines over a 300-meter x 500 m area . From 1968-1972, approximately 1.2 million tonnes w...

TORONTO, Jan. 23, 2024 /CNW/ - Trading resumes in: Company: Ascot Resources Ltd. TSX Symbol: AOT All Issues: Yes Resumption : 8:00 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 provide any information about a specific halt beyond what is con...

VANCOUVER - - JANUARY 23, 2024 -- Madoro Metals Corp. is pleased to report that it has amended the option agreement dated January 31, 2023 , whereby the Company was granted the option to acquire a 100% interest in the 213 claim, 12,325 hectare First Green Lithium Project located in the emerging Cadillac-Pontiac lithium camp in the Abitibi Témiscamingue region, approximately 75 kilometres southwest of Val-d'Or, Québec . Under the terms of the amendment agreement , the parties have agreed to amend certain terms of the Option Agreement as follows: Half of the cash payment, being $18,000, due on January 31, 2024 is extended to July 31, 2024. $150,000 of the exploration expenditures due on the Property by January 31, 2024, is extended to : $75,000 by January 31, 2025 ...

Crestview Exploration Inc. is pleased to announce the results of its initial rock chip sampling program at the historic Falcon Mine project in the Tuscarora Mountains of Elko County, Nevada. The sampling was conducted around the historic Falcon mine area and along an approximately 1 km northerly trend of quartz vein material exposed in float, outcrops, and prospect pits . These mineralized quartz veins extend from the Falcon mine and are on trend with the quartz veins exposed on and sampled across the Rock Creek property . Map 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7042/195263_crestviewexplorationmap1.jpg Thirty-nine samples were submitted for geochemical analysis with detectable gold or silver in all but one sample....

Provides Update on Escalones Project World Copper Ltd. TSXV: WCU) . Appointment of Gordon Neal as Chief Executive Officer and President The Company announces the appointment of Mr. Gordon Neal as Chief Executive Officer and President effective January 22, 2024. Mr. Neal is a distinguished professional in the metals and mining industry, with a comprehensive background in capital markets, corporate governance, finance, and investor relations. In his most recent executive tenure as the CEO & Director of Tincorp Metals Inc., Mr. Neal demonstrated strategic leadership and industry acumen. His career is marked by a series of prestigious roles, including President of New Pacific Metals Corp., Vice President of Corporate Development at both Mag Silver Corp...

Lexston Mining announces that further to its news releases dated Nov 27 and Jan 10, the Company has arranged staking of five new mineral claims for prospective uranium exploration. These five mineral claims are in the Thelon Basin in Nunavut Territory and occupy an area of 5,688ha. The total land area held for exploration by Lexston through the new five claims and the previously announced Project 176 and Project Itza Option Agreement in the Thelon Basin is now 11,350 ha. These mineral claims will now make project Itza and 176 contiguous and cover 14 additional radiometric anomalies along the northern unconformity in the Thelon Basin.

Mountain Province Diamonds Inc. announces production and sales results for the fourth quarter ended Dec 31, and full-year 2023 from the Gahcho Kué Diamond Mine. All figures are expressed in Canadian dollars unless otherwise noted. FY 2023 Highlights In 2023, approximately 2.7 million carats were sold at an average value of $121 per carat for total proceeds of $328.6 million . This compares to 2.7 million carats sold at an average value of $146 per carat for total proceeds of $388.8 million in FY 2022. Ore mined on a FY 2023 basis was 3.8 million tonnes against the revised guidance of 3.1 - 3.6 million tonnes. Ore processed on a FY 2023 basis was 3.25 million tonnes against guidance of 3.2 - 3.5 million tonnes. FY 2023 production of 5.6 mil...

Rusoro Mining Ltd. is pleased to advise that it has submitted a Non-Binding Indication of Interest pursuant to the CITGO Bidding Procedures attached as Exhibit 1 to Exhibit A of the joint status report filed as of October 4, 2022 with the United States District Court for the District of Delaware in Crystallex International Corp. v. Bolivarian Republic of Venezuela, D. Del. C.A. No. 1:17-mc-00151-LPS. The Non-Binding Indication of Interest is not binding and is revocable, and does not require the Company to take any further actions or to submit any final bid. Prior to submitting a final bid, if at all, the Company shall, among other things, obtain all necessary and advisable consents and approvals of its stakeholders. Andre Agapov, CEO, states "This is one more st...

Northcliff Resources Ltd. is pleased to announce that it has arranged a non-brokered private placement of 37,333,333 common shares of the Company at a price of $0.01875 per Common Share with the Todd Sisson Limited for gross proceeds to the Company of $700,000. Todd currently owns a total of 439,058,144 Common Shares in the capital of Northcliff, and after its participation in the Private Placement will hold 476,391,477 Common Shares or an 80.86% interest in the Company. The Common Shares issued are subject to applicable resale restrictions, including a hold period of four months and one day from the closing of the Private Placement under Canadian securities rules. The Private Placement is subject to customary closing conditions including final Toronto Stock Exchange approval...

Marvel Discovery Corp. ; is pleased to report that the Company has partly completed drilling operations on its Ni-Cu-Co and Ti-V-Cr Duhamel property located 350 kilometers north of Quebec City, QC . The Company previously announced on December 04, 2023,that crews were being mobilized, but due to warmer temperatures an increase in water levels caused extreme flooding in nearby creeks and rivers causing the Company to pause drill operations before the Christmas season. Figure 1: Regional location of the Duhamel Property To date, three drill holes have been completed which are targeting numerous priority airborne and ground EM conductors within the Houlière block . Historical work within the Property and surrounding areas have shown these conductors are the primary target horizo...

Abitibi Metals is pleased to announce that drilling has commenced at the high-grade B26 Polymetallic Copper Deposit. The drill program is the first undertaken by Abitibi at the Project and represents a significant milestone for the Company following the closing of its recent financings, totalling $14.37 million. On November 16th, 2023, the Company entered into an option agreement on the B26 Deposit to earn 80% over 7 years from SOQUEM Inc. Jonathon Deluce, CEO of Abitibi Metals stated: “We are excited to announce the arrival of the first drill rig as Abitibi initiates the maiden drill program at the high-grade B26 Polymetallic Copper Deposit. With a robust treasury of $15 million, the upsizing of our recent financings is a clear mandate from our shareholders to accelerate our drilling and drive growth of the existing deposit and Abitibi will be aggressive in deploying our fully funded 30,000 metres across 2024 as we enter a transformative period for the Company. Abitibi intends to drill a minimum of 10,000 metres in this first quarter targeting a rapid expansion of the high-grade resource and we look forward to sharing further updates as drilling advances. Upon positive feedback from the field, we will be ready to mobilize a second drill.”

An initial 10,000-metre drill campaign is planned for the first phase of the fully funded 30,000-metre 2024 field season. The primary objective of the initial drilling will be to delineate the open-pit potential of the B26 Deposit while concurrently advancing and expanding the existing resource with a focus on high-metal factor trends within the first 300-metre vertical.

During the program, the Company will continue to develop the 3D model, integrating the improvement points identified in the 2018 resource and inputting information from the progress of the current drill program.

The Company is also reviewing the history of geophysical surveys done on the Property to evaluate the signature of the B26 deposit and identify the best approaches to assist with extrapolating extensions of the fertile B26 volcanic contact across the Property. Considering the continuous overburden cover, the Company is evaluating parameters for a gravimetric survey to identify possible sulfides concentrations close to surface and at moderate depth of 300 to 600 metres.

The initiated program is slated to be completed over the next eight to ten weeks and the Company will provide regular updates as fieldwork progresses.

B26 Polymetallic Copper Deposit Summary

Located within the prolific Abitibi Greenstone Belt, B26 comprises 66 claims covering 3,328 hectares in the Eeyou Istchee Baie-James territory and represents a substantial opportunity to develop a copper, zinc, gold, and silver Polymetallic Deposit in a region with a rich history of base and precious metal production, which includes the Detour and Casa Berardi Mines. There is year-round road access with a power line running through the Project.

Abitibi is the first public company with the option to earn into the B26 Deposit. With a strike length of 1 km and depth extent of 0.8 km, both of which are open to expansion, Abitibi will focus on delivering shareholder value with an aggressive exploration approach which includes a fully financed 30,000 metres of drilling in 2024 that will focus on advancing and expanding the existing underground resource (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq) while delineating its open-pit potential.

Property highlights include:

2018 resource that includes 254 holes over 115,311 meters, advancing the asset to a significant resource that includes, across all categories, 400 million pounds of copper, 286,000 ounces of gold, and significant zinc silver exposure.

B26 Resource Summary (2018)

Indicated: 6.97 Mt at 2.94% Cu Eq (1.32% Cu, 1.80% Zn, 0.60 g/t Au and 43 g/t Ag)

Inferred: 4.41 Mt at 2.97% Cu Eq (2.03% Cu, 0.22% Zn, 1.07 g/t Au and 9 g/t Ag)

Drilling has established the continuity down to a vertical depth of 800 meters and the deposit remains open at depth and laterally with strong historical intercepts* including:

2.32% Cu Eq over 89.5 metres (1274-13-117)

3.05% Cu Eq over 48.1 metres (1274-16-224)

8.95% Cu Eq over 11.5 metres (1274-14-152)

Within 7 km of the historical Selbaie Mine, a similar Polymetallic Copper Deposit with a variety of mineralization styles and element combination, that had a historical resource of 56.9 Mt @ 0.87% Cu, 1.85% Zn, 0.55 g/t Au, 39 g/t Ag (CONSOREM 2012). Reference to this nearby property is for information only, and there are no assurances that the Company will achieve the same results at the B26 Deposit.

Qualified Person

This press release was reviewed and approved by Martin Demers, P.Geo., OGQ No. 770, who is a qualified person as defined under National Instrument 43-101, and responsible for the technical information provided in this news release.

About Abitibi Metals Corp.:

Abitibi Metals Corp. is a Quebec-focused mineral acquisition and exploration company focused on the development of quality base and precious metal properties that are drill-ready with high-upside and expansion potential. Abitibi’s portfolio of strategic properties provides target-rich diversification and includes the option to earn 80% of the high-grade B26 Polymetallic Copper Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq) and the Beschefer Gold Project, where historical drilling has identified 4 historical intercepts with a metal factor of over 100 g/t gold highlighted by 55.63 g/t gold over 5.57 metres and 13.07 g/t gold over 8.75 metres amongst four modelled zones.

About SOQUEM:

SOQUEM, a subsidiary of Investissement Québec, is dedicated to promoting the exploration, discovery and development of mining properties in Quebec. SOQUEM also contributes to maintaining strong local economies. Proud partner and ambassador for the development of Quebec’s mineral wealth, SOQUEM relies on innovation, research and strategic minerals to be well-positioned for the future.

ON BEHALF OF THE BOARD

Jonathon Deluce, Chief Executive Officer