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 ...

Monthly Stream Obligations Significantly Reduced and Maturity Date of Debt Extended to 5 years Bear Creek Mining Corp. is pleased to announce it has closed its previously announced restructuring transaction with Sandstorm Gold Ltd. and its subsidiaries , which was effected by way of a Restructuring Framework Agreement dated September 28, 2023. The Transaction is expected to improve the Company's ability to produce free cash flow in the near term from the Mercedes mines via a 325 ounce per month reduction in near-term gold stream deliveries and the complete suspension of silver stream delivery obligations until April 2028, and the refinancing and extension of Bear Creek's debt with Sandstorm. For more information regarding the Transaction, please see the Company's...

Allied Gold Corp. will release its 2024 guidance and outlook before the market opens on Wednesday, February 21, 2024, Eastern Standard Time and will convene a conference call and webcast to discuss them at 9:00 a.m. EST on the same day. 2024 Guidance and Outlook Conference Call Toll-free dial-in number : 1-800-898-3989 Local dial-in number: 416-406-0743 Toll Free : 00-80042228835 Participant passcode: 7762455# Webcast: https://alliedgold.com/investors/presentations Conference Call Replay Toll-free dial-in number : 1-800-408-3053 Local dial-in number: 905-694-9451 Passcode: 8148175# The conference call replay will be available from 12:00 p.m. EST on February 21, 2024, until 11:59 p.m. EST on March 20, 2024. Allied will release its fourth quarter 2023 operational and financial ...

TORONTO, Jan. 22, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Ascot Resources Ltd. TSX Symbol: AOT All Issues: Yes Reason: Pending News Halt Time : 4:20 PM 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 infor...

Silver Elephant Mining Corp. announces that on January 18, 2024 the Company filed a Form 15 with the United States Securities and Exchange Commission with the intention of voluntarily deregistering its common shares with the SEC as a cost saving measure. The Company's common shares do not trade on a national stock exchange such as NYSE or NYSE American in the United States and are not otherwise required to be registered. This move does not affect the trading and listing of the Company's common shares on the Toronto Stock Exchange. The Company's reporting obligations under Section 12 of the U.S. Securities Exchange Act of 1934, as amended are currently suspended and the termination of its reporting obligations under Section 12 of the Exchange Act is expected to take effect 90 ...

Ascot Resources Ltd. is pleased to announce the Company has entered into non-binding term sheets for a total of approximately US$50 million in additional funding from Sprott Resource Streaming and Royalty Corp. and/or its affiliates and Nebari Natural Resources Credit Fund II, LP . Additionally, the Company has entered into an agreement with a syndicate of underwriters co-led by BMO Capital Markets and Desjardins Capital Markets , pursuant to which the Underwriters have agreed to buy on a bought deal private placement basis, 56,820,000 Common Shares of the Company at a price of C$0.44 per Common Share, for gross proceeds of approximately C$25 million . The proceeds from these additional funding sources will be used for the construction and operational ramp-up of the Premier G...