Dixie Gold provides an event-related disclosure update to its previously announced transaction with ASX-listed Omnia Metals Group Ltd. Based on continuing mutual effort by the parties to advance the Takeover Transaction towards an intended completion, the Corp has entered into a second amending letter with Omnia dated today, Jan22, 2024, whereby the parties have increased the duration of the exclusivity period by an additional four week period . The Exclusivity Period Second Extension is expected to allow the parties, among other practical and ordinary-course attributes, to continue to work on customary matters that remain outstanding or incomplete and as may otherwise relate to the Takeover Transaction and the parties' f...

Guanajuato Silver announces that because of a disclosure review by the British Columbia Securities Commission, the Company will be providing updates to its National Instrument 43-101 reports. In reviewing the Company's technical reports on its Valenciana, San Ignacio, and Topia mine assets it has been determined that the reports do not contain the disclosure generally found in Sections 15 to 22 of Form 43-101F1. Regarding El Cubo, given the fact the mine was in production when the Preliminary Economic Assessment was published, the Company will provide an updated NI 43-101 Technical Report. Until the updated reports are filed, the current Technical Reports do not comply with NI 43-101, and are therefore not to be relied upon. The Comp...

Cerro de Pasco Resources Inc. is pleased to announce that, further to its news release of September 22 and November 20, 2023, the Company has closed the final and oversubscribed tranche of its non-brokered private placement . In connection with the closing of the final tranche, the Company issued 2,280,000 Units at $0.10 per Unit for gross proceeds of $228,000. Under the two tranches of the Offering, the Company raised aggregate gross proceeds of $2,000,000. Each Unit is comprised of one common share in the capital of the Company and half of one unit purchase warrant . Each whole Warrant entitles the holder thereof to purchase one additional unit at a price of $0.15 per Warrant Unit until the earlier of the date which is 24 months after its issuance and, if applicable, the Ac...

Nexus has Staged Option to Earn up to 75% Interest in the Cree East Property for $19M Exploration Spend Focus on Numerous Tier 1 Eastern Athabasca Basement and Unconformity Uranium Targets CanAlaska Uranium Ltd. is pleased to announce that is has entered into a Letter of Intent , dated January 19, 2024 with Nexus Uranium Corp. to allow Nexus to earn up to a 75% interest in the Cree East Project in the Athabasca Basin, Saskatchewan . The Cree East Project is located in the southeastern Athabasca Basin and covers 57,752 hectares. The Project is located 35 kilometres west of the Key Lake Mine and Mill Complex. Figure 1 - Cree East Project Location To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2864/195157_0c111d89d40b0936_002full....

Galway Metals Inc. is pleased to announce the promotion of two geologists, and to reiterate the Company's technical strength, as stated below. The Company's flagship Clarence Stream gold project has a district scale strike length of 65 kilometres, is open in all directions and remains largely unexplored, and has excellent infrastructure in the mining friendly province of New Brunswick, Canada. "Over the past several years, both Jesse and Rob had the opportunity to further their professional development under the guidance of Mike Sutton, and more recently under the tutelage of Phil Walford and Allan Moran. Jesse and Rob are committed not only to the success at Clarence Stream, but also to exploring other exploration opportunities in New Brunswick and Atlantic Canada in general...

Globex Mining Enterprises Inc. is pleased to report that Brunswick Exploration Inc. have started "A Phase II drilling campaign at the Mirage project, located in the Eeyou-Istchee James Bay region of Quebec. The winter drill program is targeting extensions of known pegmatite dykes and new prospective outcrops that have yet to be drill-tested." "The planned drill holes are distributed over the 2.8 kilometer known strike length to test the entire spodumene-bearing pegmatite dyke swarm". Previous drilling intersected high-grade Li2O assays over wide widths. For drill result details, refer to Brunswick press releases dated January 22, 2024, January 18, 2024, December 19, 2023 and December 4, 2023). Globex currently retains a 3% Gross Metal Royalty on the Lac Escale claims and a 1-k...

Commerce Resources Corp. wishes to announce the appointment of Mr. Adam Ritchie as a new director. Mr. Ritchie brings with him a wealth of experience in the mining industry with a focus on major project development. His expertise and vision align well with Commerce's goals, and the Company looks forward to benefiting from his guidance in the coming years. Chris Grove, President of Commerce Resources, states "I am excited to have Adam join the Commerce Resources Board. His significant experience in project development and integrity in providing shareholder value will be a significant benefit to the company as we advance both the Ashram REE/ Fluorspar Deposit and our Niobium Claim Group this year." Mr Ritchie has over 20 years' experience in the resources industry and has been f...

Snowline Gold Corp. is pleased to announce the appointment of Brian Hegarty to its management team as Vice President of Sustainability and External Relations. "We are excited to have Brian Hegarty join our team at a key juncture for Snowline, with a major gold discovery in hand at our Rogue Project's Valley target and a large, target-rich mineral claim portfolio taking shape around it," said Scott Berdahl, CEO & Director of Snowline. "Mr. Hegarty brings highly relevant experience to the Company along with a complementary skillset to strengthen our commitment to our core values of community building, environmental respect and integrity. His appointment reflects a strategic focus on generating positive external impacts through Snowline's activities while building shareholder va...

Go Metals Corp. is pleased to announce results from the recent critical metals drilling program from its flagship HSP Property located on the Côte-Nord of Québec. Scott Sheldon, CEO of Go Metals states, "The 2023 RC drill program based on the 2019 airborne EM survey targets continues to point to a significant magmatic sulphide system extending from surface and open at depth. The drill intersected three layers of low-grade mineralization at Chamber North with a combined width of 13.7m ending in disseminated sulphide bearing anorthosite. All drill holes at Chamber North to date have been highly anomalous in nickel, copper and cobalt, indicating proximity to the source of the large EM anomaly." Mr. Sheldon continued, "Moving into 2024, our goal is to better understand the origin...

Highlights Halleck Creek ore has been successfully preconcentrated to 3.5% TREO at a 12:1 upgrade ratio, representing a ~200% increase from existing flowsheet design using low-cost, conventional Dense Medium Separation . Preconcentrating reduces Wet High Intensity Magnetic Separator needs by 70% from existing design, significantly reducing capital and operating expenditures. The feed mass leading into direct leaching was reduced to 7% from 16%, a 56% reduction of material reporting to leach circuits, providing another significant reduction in operating costs. The project has been selected to advance to the next phase of study and the company is engaged in discussions around funding and next steps. DENVER, Jan. 22, 2024 -- American Rare Earths is pleased to announce breakthrough metallurgic...

Fortune Bay Corp. is pleased to announce the acquisition of the Pine Uranium Project through staking over the past several months. The Project is located within the north-central margin of the Athabasca Basin, proximal to the Company's recently announced Spruce Uranium Project. Pine Uranium Project Highlights: Large-scale land package covering 17,688 hectares located in proximity to the northern rim of the Athabasca Basin . Potential for high-grade, basement-hosted uranium deposits along approximately thirteen kilometres of the Grease River Shear Zone , a major structural corridor that hosts the historical Fond du Lac uranium deposit. Additional potential for bulk tonnage Rössing-style uranium deposits associated with abundant, historically recognized, uranium-bearing leucogr...

Red Canyon Resources is pleased to provide a corporate overview outlining summary results from last year’s activities and exploration plans for 2024. The Company is focused on impactful, value-add exploration to make discoveries of copper and copper-gold deposits in established mineral belts in North America. Company Highlights: The Company controls a portfolio of eight 100%-owned, internally generated copper and copper – gold projects, four of which are advanced and drill ready. The Company’s Peak copper-gold project in central British Columbia has multiple targets highlighted by magnetic features, coincident IP, and elevated copper geochemistry. An initial 1,000 m drill program to test first priority targets including the Peak Central

Grizzly Discoveries Inc. is pleased to announce that, on January 19, 2024, it closed on a private placement by the issuance of 2,975,500 Units at a price of $0.05 per Unit for gross proceeds of $148,775. Under the terms of the Offering, each Unit consisted of one common share of the Company and one half of one warrant . Each whole Warrant entitles the holder to acquire one additional Common Share at an exercise price of $0.07 per Common Share and shall expire on the earlier of: 30 days following written notice by the Issuer to the Subscriber that the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange is at or greater than CA$0.10 per Common Share for 10 consecutive trading days; and January 19, 2026. The Company intends to use the proceeds f...