Scorpio Gold Corp. is pleased to announce that it has closed the second tranche of its non-brokered private placement described in the press release dated January 12, 2024 by the issuance of 6,384,966 units of the Company at a price of $0.15 per unit for gross proceeds to the Company of $957,745. Each unit was comprised of one common share of the Company and one common share purchase warrant, with each warrant exercisable to acquire one common share of the Company at an exercise price of $0.20 until January 22, 2026. To date, the Company has issued an aggregate of 9,584,966 units in the Private Placement for aggregate gross proceeds of $1,437,745. The Company paid aggregate cash finder's fees of $7,920 and granted 52,800 non-transferable compensation warrants of the Company t...

BHP has announced its second cohort of six companies, chosen from a pool of over 500 applicants, to join the BHP Xplor accelerator program. The accelerator program is designed to support early-stage mineral exploration companies in finding the critical resources needed to support the energy transition. Each company will receive a grant of up to US$500,000 together with access to a network of internal and external industry experts to accelerate its growth and further build out its exploration concepts. The program aims to support development across technical, business and operational facets of the participating companies. BHP Xplor pushes the boundaries of what has conventionally been achievable in the exploration field. Over the span of the six-month program, the six companies will work co...

Alaska Energy Metals Corp. is pleased to announce that it has entered into additional investor awareness and marketing agreements with a total of five vendors to deliver a comprehensive program that will begin in Q1 2024. Further to the Company's news release dated November 6, 2023, and subject to acceptance by the TSX Venture Exchange , it has engaged the marketing services of Market Radius Capital Inc. , InvestorIdeas.com DBA Econ Corp Services , and Triomphe Holdings Ltd. dba Capital Analytica . Further to the Company's news releases dated July 6, 2023 and December 8, 2023, it has renewed its Marketing Services Contract with MMG Market Medium GmbH & Co. KG. for an additional six month term and further to news releases dated November 6 and 22, 2023, it has renewed its engag...

/Not for distribution to United States newswire services or for dissemination in the United States/ Scottie Resources Corp. is pleased to announce that, further to the Company's news release dated January 18, 2024 , the Company has closed the first tranche of its non-brokered private placement . Under the First Tranche, the Company issued 11,111,111 non flow-through units at a price of $0.18 per NFT Unit for gross proceeds of $2,000,000. Each NFT Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder to purchase an additional Share at an exercise price of $0.28 per Warrant Share for a period of three years from the date of issuance. The Company intends to use the proceeds of the Firs...

Robex Resources Inc. is pleased to announce production of 51,827 ounces achieving top end guidance of 48,000oz-52,000oz. Company's highlights in Q4 2023 Gold production of 14,307oz of gold in Q4 2023, a 28% increase compared to 11,253oz in Q4 2022 Processed 543,242 tonnes of ore at a head grade of 0.94 grams per tonne of gold, a 5% increase of ore processed compared with Q4 2022 Gold recovery of 87.5%, a 1.9% decrease compared with Q4 2022 Company's highlights in 2023 Gold production of 51,826oz, a 11% increase in production compared with 2022 and achieving top end guidance of 48,000oz-52,000oz Processed 2,224,890 tonnes of ore at a head grade of 0.81g/t of gold, a 10% increase of ore processed compared with 2022 Gold recovery of 89.5%, a 1.0% increase compared with 2022 Gold ...

Cobre Ltd. is pleased to advise that, following a rigorous and thorough selection process, it has been selected to participate in the 2024 BHP Xplor Program, which will assist in its advancement of exploration plans on its Kalahari Copper Belt projects, Botswana. Highlights: - Cobre has been selected to participate in the 2024 BHP Xplor cohort; - BHP will provide Cobre with US$500,000 in non-dilutive funding to support and accelerate its exploration plans during the Xplor Program period; and - The Xplor Program provides participants not only with funding, but also with full access to BHP's deep expertise and global partnerships. BHP Xplor is a cohort-based world-first accelerator program, dedicated to unearthing new critical mineral deposits by uniting BHP experts, thought le...

Nexus Uranium is pleased to announce it has entered into a letter of intent ith CanAlaska Uranium, dated as of January 19th, 2024 evidencing the parties' intent to negotiate and enter into an option agreement pursuant to which Nexus will acquire up to a 75%-interest in the Cree East uranium project located in the Athabasca Basin of Saskatchewan, Canada, which is wholly owned by CanAlaska.

Pasofino Gold Ltd. is pleased to announce a non-brokered private placement of up to 6,291,000 units of the Company at C$0.50 per Unit for gross proceeds of up to C$3,145,500 . Each Unit will consist of one common share of the Company and half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of C$0.65 for a period of 18 months following the issue date of the Units. As disclosed in the Company's January 4, 2024 and January 11, 2024 press releases, Hummingbird Resources plc a shareholder and control person of the Company has dedicated US$2 million of the proceeds of its recent fund raise to invest in Pasofino. Accordingly, HB PLC has expressed an interest in subscribing for 5,400,000 Units....

Cautionary Statements This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those...

Neotech Metals Corp. is pleased to announce the development of its Environmental, Social, and Governance strategy aligned with its ambitious exploration program at the Company's flagship TREO Property. "As we gear up our exploration efforts at the TREO and Thor Properties, it is imperative that we do so with a keen eye on sustainability, community engagement, and corporate responsibility," stated Reagan Glazier, CEO and Director of Neotech Metals. "Our ESG strategy is not just a commitment on paper; it's a fundamental approach to how we operate. We are dedicated to ensuring our growth is responsible, aligning with environmental protection, enhancing community well-being, and adhering to ethical governance." Environmental Stewardship At the heart of Neotech's ESG strategy is a...

IAMGold Corp. is pleased to announce preliminary full year and fourth quarter 2023 production results and progress at the Côté Gold Project, located in Ontario, Canada. Highlights 2023 attributable gold production of 465,000 ounces which is at the top end of the annual production guidance of 410,000 to 470,000 ounces. Essakane achieved attributable production in the fourth quarter of 108,000 ounces, bringing the full year production to 372,000 ounces, nearing the top end of the annual guidance of 380,000. Westwood achieved production in the fourth quarter of 28,000 ounces, bringing the full year production to 93,000 ounces and beating the annual guidance of 70,000 to 90,000 ounces. Côté Gold commissi...

Marathon Gold Corp. is pleased to announce that the Ontario Superior Court of Justice has granted the final order in connection with the previously announced statutory plan of arrangement involving Marathon and Calibre Mining Corp. pursuant to which Marathon shareholders will receive 0.6164 of a common share of Calibre for each common share of Marathon held. Closing of the Arrangement remains subject to certain customary closing conditions. Assuming the satisfaction of these closing conditions, the Arrangement is expected to be completed on January 24, 2024. For a more detailed description of the Arrangement, please refer to Marathon's management information circular dated December 11, 2023, available on SEDAR+ at www.sedarplus.ca and on Marathon's website at ww...

Centerra Gold Inc. announces that Ryan Snyder will be promoted to Executive Vice President and Chief Financial Officer , effective April 8, 2024. Mr. Snyder will succeed Darren Millman, who is leaving to pursue another opportunity in the mining industry in Australia. Mr. Snyder is currently Centerra's Vice President, Finance. He joined Centerra in May 2022 and brings over 15 years of experience in financial management in the mining industry. Prior to Centerra, Ryan was CFO of Electra Battery Materials Corp. from 2018 to 2022 and CFO of Primero Mining Corp. from 2017 to 2018. He previously held key financial roles at numerous resource companies, including 5 years in operations finance with Inmet Mining Corp.. Ryan started his career with ...