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 ...

Nouveau Monde Graphite Inc. has entered into an asset purchase agreement with Mason Resources Inc. for the acquisition of the entire Lac Guéret Property, targeted for the development of the Uatnan Mining Project. The transaction strengthens the Company's long-term vision to be a dominant force in the supply of carbon-neutral anode material for the Western market. NMG's active commercial discussions with tier-1 battery and electric vehicle manufacturers, including Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , confirm the strong projected demand by battery materials analysts for graphite. This acquisition of another major asset in Québec, Canada, reinforces NMG's fully vertically integrated production model in North Ame...

Libero Copper & Gold announces that it will conduct a non-brokered private placement for aggregate gross proceeds of up to $3 million. The Offering will be completed post-Consolidation. Libero Copper intends to consolidate common shares on the basis of one new post-consolidation Common Share for every ten pre-consolidation Common Shares. The net proceeds of the Offering will be used for exploration at Mocoa and general corporate purposes. The Offering will consist of units at a price of $0.15 per Unit, with each Unit consisting of one post-Consolidation Common Share, and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional post-consolidation Common Share at an exercise price of $0.20 per Warrant for a period of 36 mont...

Mason Resources Inc. is pleased to announce having entered into an asset purchase agreement dated January 21, 2024 with Nouveau Monde Graphite Inc. for the sale of the Lac Guéret Property, targeted for the development of the Uatnan Mining Project. In consideration for the sale of the Lac Guéret Property, Mason will receive 6,208,210 common shares of NMG, representing a 143% premium on the implied market value of the Lac Guéret Property and 9.25% of the pro forma issued and outstanding common shares of NMG, to be issued to Mason upon the closing of the transaction, and an additional payment of $5,000,000 in cash at the start of commercial production of the contemplated Uatnan Mining Project. Benefits to Mason Shareholders Provides opportunity to become one of NMG...

Argentina Lithium & Energy reports positive results from the tenth and eleventh exploration holes at its Rincon West Project. Samples collected over a 295.5 m section of RW-DDH-010 ranged from 245 to 366 mg/l lithium. Samples collected over a 321 m section of RW-DDH-011 ranged from 246 to 344 mg/l lithium. "Our tenth exploration hole was situated to test the continuity of the brine aquifer as our drilling extends eastward into the main salar basin. These results demonstrate continued strong grades and an exceptional interval length. For our eleventh hole, we moved 2.7 kilometres to the southeast, to test the salt flat in the southern and eastern portion o...

Moneta Gold Inc. is pleased to announce that Institutional Shareholder Services, an independent proxy advisory firm who provides voting recommendations to institutional shareholders, has recommended that Moneta shareholders vote FOR the proposed special resolutions at the upcoming meetings to be held on January 29, 2024 for Moneta and Nighthawk Gold Inc. shareholders to approve the proposed plan of arrangement pursuant to which Moneta will, among other things, acquire all of the issued and outstanding common shares of Nighthawk . For more information, please visit www.monetagold.com. About Moneta Gold Moneta is a Canadian-based gold exploration company whose primary focus is on advancing its 100% wholly owned Tower Gold project, located in the Timmins region of Northeastern ...

Madison Metals Inc. is pleased to provide an update on its uranium forward sales agreement with Sanmiguel Capital Investment Ltd., a financial advisory firm assisting with the administration. Since November 2023, Madison Metals has successfully received funds for its first tranche of the Company's forward sales agreement, at an average price of US$68 per lb. This achievement underscores the uranium agreement's effectiveness in securing favorable pricing, well above the contractual established US$45 price floor. As there is no price ceiling, Madison's forward sales agreement provides upside potential for advantageous pricing as the market continues to surge. The significant flexibility of the forward sales agreement allows the Company to adapt and capitalize on the uranium mar...