Ophir Gold is pleased to provide an update on two of its lithium projects in its James Bay portfolio - Radis and Leran Projects. The properties cover highly prospective greenstone terrains with the Radis Property strategically located proximal to existing hydroelectric power and all-season road infrastructure. Radis Lithium Project The Company's inaugural exploration of the Radis Property was successful in confirming lithium pegmatite at the Property, with the vast majority of the Property remaining to be assessed for lithium pegmatite. Initial results were previously announced in news release dated October 5, 2023. Highlights: 1.28% Li2O over 3.0 m from channel CH23-01 on Chou Showing with an average of 0.71% Li2O and 205 ppm Ta2O5 over exposed pegmatite interv...

Drill Site Development Underway at Lithium King Claim Expansion in Utah; GSRO Approves All Expansion Licences at Leinster Lithium Project in Ireland Global Battery Metals Ltd. , an international critical mineral exploration company focused on growth-oriented lithium, copper and battery metal projects, is pleased to provide a status update on current project activity. Key Highlights: Lithium King Project, Utah, USA - Drilling plans continue to advance, with the successful acquisition of additional strategic claims now staked north of the original property. The new claims will facilitate weather-agnostic drilling between the service road and the highway, effectively bypassing flood-zones. Alloy Drilling LLC of Elko, Nevada, and Escalante Geological Services LLC of Salt Lake Cit...

Funds to be used for ongoing working capital, debt repayment and preparation of Redstone Mill for processing of Gowest Gold ore Gowest Gold Ltd. is pleased to announce that it has entered into a loan agreement with Lush Land Investment Canada Inc. , pursuant to which Gowest may borrow up to an aggregate principal amount of $10,000,000. The proceeds of this loan are intended to be used by Gowest for ongoing general working capital requirements, the payment of outstanding accounts payable due to Northern Sun Mining Corp. of approximately $4,550,000, and proposed advances to be made to Northern Sun as a prepayment for future milling services, such advances to be used by Northern Sun for certain expenses to be incurred in connection with the construction of the taili...

FULL CONTACT HIGH-GRADE Au TARGET HIGHLIGHTS: The new high-grade Full Contact discovery consists of a 1.4 km trend on the "Red Line" within which are multiple gossans with samples that assayed up to 101.13 g/t AuEq and remains open. An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/ca039c63-8614-42a1-8c5c-38e71e26bb5f The Full Contact discovery contains multiple silicified zones, quartz veins up to 14 m wide, and shear zones, containing strong widespread gold-sulphide mineralization over a 700 meter trend with grades up to 101.13 g/t AuEq or 3.25 oz/t AuEq that remains wide open in all directions. An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/0c553221-a538-4933-93f6-afce88c4bbfd A 70-meter-wid...

Magna Mining Inc. is pleased to provide an update on the 2024 exploration activities and corporate initiatives. 2024 Exploration Plan and Resource Update Magna resumed diamond drilling on January 3, 2024, after a brief pause over the holiday season. Currently there are two drills turning at the Crean Hill Project, with one of the drills testing deep footwall targets . Two geophysical platform holes , totalling 2895 m have now been completed and both holes have intersected favourable footwall stratigraphy, including Sudbury Breccias containing minor sulphides. Borehole geophysical surveys have subsequently been completed and any geophysical anomalies identified will be targeted once interpretations are complete. The second drill at Crean Hill is drilling in the upper portion o...

Prospector Metals Corp. today announced that it has terminated the Toogood Option Agreement with Storm Exploration Inc. announced on September 25, 2023, due to Storm's inability to complete the transaction. The Company will explore strategic alternatives for the project. About Prospector Metals Corp. Prospector Metals Corp., a member of Discovery Group, is focused on district scale, early-stage exploration of gold and base metal prospects. Creating shareholder value through new discoveries, the Company identifies underexplored or overlooked mineral districts displaying important structural and mineralogical occurrences similar to more established mining operations. Prospector is led by an experienced technical and corporate team that has a proven track record of...

Steppe Gold Ltd. is pleased to announce that it has entered into a binding term sheet pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold LLC in an all-share transaction . Transaction Highlights: Boroo Gold is a leading gold producer with an average gold production of over 60,000 oz per annum and an expected mine life of beyond 2030. Creation of a leading gold producer in Mongolia with a near-term production target of 200,000 oz per annum including the committed ATO Gold Mine Phase 2 Expansion. Steppe Gold's production is expected to increase from 30,000 to 90,000 oz per annum upon completion of the Proposed Transaction. Total gold production is expected to rise to appr...

Gold79 Mines Ltd. is pleased to announce that it has defined an exploration target at the Tyro Main Zone, the first potential resource area, on the Gold Chain Project in Arizona . Gold79 believes that the Tyro Main Zone has the potential for 15.6 to 31.2 Mt grading 1.5 to 2.5 g/t Au. This is based on previous exploration on the property, including 685.7 metres of drilling along with surface sampling , sampling of historical underground workings and detailed mapping. The Exploration Target was derived by modeling the Tyro Vein System within the Tyro Main Zone. The volume of the modeled areas determines the potential tonnage statement in the Exploration Target. The grade range given in the Exploration Target is determined with consideration to the drill results within the modele...

Xanadu Mines Ltd. is pleased to announce it has agreed a binding term sheet with STSM LLC granting the right to earn up to 80% interest in two exploration licences XV-17774 and XV-21887 located in the Zavkhan Province of Western Mongolia. These two licenses make up the Sant Tolgoi Project, which is considered highly prospective for discovery of new magmatic intrusion-related Copper-Nickel systems. Highlights Xanadu agrees binding term sheet for Sant Tolgoi, a prospective district scale magmatic copper-nickel project. Sant Tolgoi project hosts multiple shallow copper-nickel targets over several kilometres of strike. Acquisition aligned to Xanadu Horizon 3 Strategy to build a portfolio future facing metals projects. Detailed mapping, geochemistry and geophysics planned to start ...

Brunswick Exploration Inc. is pleased to announce that it has 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 campaign will operate from a new BRW exploration camp located along the Trans-Taïga Road. Mr. Killian Charles, President and CEO of BRW, commented: "This will be an exciting 2024 start for BRW as we immediately commence a significant drill program at Mirage. The drilling campaign will aggressively target known dykes with wide step backs and deeper holes. It is our intention to rapidly demonstrate the potential to build tonnage at Mirage, especially in the higher...

Solaris Resources Inc. is pleased to announce a corporate update including the commencement of the 2024 drilling program at its Warintza Project in southeastern Ecuador. Warintza 2024 Drilling Program Underway The 2024 drilling program has commenced with the first rig turning at Warintza East and a total of six rigs planned to be in operation by the end of February. An updated mineral resource estimate is expected in late Q2/24 to take in nearly double the meterage of the prior estimate and deliver major growth at Warintza Central, East and the recent discovery of Warintza Southeast within a common pit shell. Drilling will continue through the updated mineral resource estimate with a focus on opportunities for further growth and infill drilling of at least 30km, taking advant...

Western Metallica Resources Corp. is pleased to report on a recent discovery at Luz Maria, one of two prospects within the Company's Caña Brava Project, where recent geochemical and drone-borne magnetometry surveys have confirmed a ~2.7 km by ~1.5 km potassic and phyllic alteration, typical of Andean Cu-Mo porphyry systems, associated to magnetic anomalies and consistent copper grades up to 700 ppm Cu and 600 ppm Mo . The discovery at Luz Maria, coupled with the confirmation of the size and grades of the Caña Brava 1 prospect, is a major development for the Company. Further target definition work and initial scout drilling is currently being planned by the Company's technical team to test this new discovery located in one of the world's premier porphyry belts. Highlights of t...

Coeur Mining Inc. today provided an update on exploration at its high-grade Silvertip polymetallic exploration project in northern British Columbia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240122895073/en/ Figure 1: Location of Silvertip high-grade polymetallic project Coeur completed approximately 90,000 feet of drilling in 2023 over 92 holes, 62 of which were in the Southern Silver Zone. Since acquisition of the project in late 2017, the Company has drilled roughly 1.1 million feet over 1,244 holes. Highlights from surface and underground expansion drilling completed last year are reported below and continue to support Silvertip's status as one of the world's highest-grade, undeveloped carbonate replacement ...