Monument Mining is pleased to announce an update at Selinsing Gold Mine where the Company recently achieved commercial production of its newly constructed flotation processing plant. President and CEO Cathy Zhai commented, "We are very pleased with the continued progress and optimization of the Selinsing Sulphide gold flotation plant. The production is expected to be stabilized in the 2024 calendar year and cash flow sustained. Longer term off take contracts are in progress. Export permits continue to be renewed every six months with government support. Gold prices are above the $2,000 per ounce level in the new year which is in our favor." Ms. Zhai emphasizes: "In 2024 we will provide further training to our senior management with a value-added approach to lead to excell...

Scorpio Gold Corp. is pleased to announce that, further to its press release dated November 8, 2023, it has entered into an amalgamation agreement dated January 17, 2024 with Altus Gold Corp. and the Company's wholly-owned subsidiary, 1455812 B.C. Ltd. , pursuant to which the Company proposes to acquire all the issued and outstanding shares of Altus Gold by way of a three-cornered amalgamation . The Amalgamation Agreement supersedes the amended and restated letter of intent between the Company and Altus Gold dated November 8, 2023. A copy of the Amalgamation Agreement will be filed under the Company's SEDAR+ profile at www.sedarplus.ca. Under the terms of the Amalgamation Agreement, Altus Gold will amalgamate with Subco, and the Company will acquire all of the outstanding com...

International Lithium Corp. is pleased to announce the National Instrument 43-101 - Standards of Disclosure for Mineral Projects technical report for the Preliminary Economic Assessment for a proposed lithium mining operation to produce spodumene concentrate at Raleigh Lake, is now filed on SEDAR+. Further to the Company's news release dated December 4, 2023, the Raleigh Lake Project, located 25 kilometres west of Ignace, Ontario has demonstrated a highly favourable economic scenario based on the production of a spodumene concentrate containing 6% Li2O . The PEA relies on recent metallurgical test work which indicates that SC6 can be produced using a simple crushing circuit and heavy liquid separation techniques. In the Phase 1 tests lithium recoveries were above 81% while ir...

Indico Resources Ltd. is pleased to announce that, pursuant to its news releases dated November 29, 2023 and January 10, 2024, the Company has closed on a $60,000 convertible loan facility, in order to pay outstanding account and exchange related fees . The Convertible Loan carries an interest rate of 25% per annum, and will be payable on a date to be determined after the Company's next financing, but will be no later than September 22, 2027. Lenders shall have the option to convert the balance of the principal amount into common shares of the Company , at a price of $0.20 per Share . Additionally, the lenders will have the option to convert any accrued interest into Shares at a price that is the greater of: the Conversion Price; or the market price of the Shares on the NEX b...

Progress continues on Cobalt Blue Holdings Ltd.'s proposed Cobalt Nickel Refinery. Further to the release of the Refinery Study : - Two bulk samples of third-party feedstock have now been received at the Broken Hill Demonstration Plant and are undergoing evaluation. The testing of these samples will form the basis of commercial feedstock for the Refinery. - Initial 50-100 kg feedstock test work has delivered: o Up to 95-97% metal recoveries o Key observed reagent consumptions inline with Study estimates, noting that reagents contribute ~50% of total cash costs: o Acid consumption for hydroxide feed of ~3.5 tonne of H2SO4 per tonne of cobalt o Oxygen consumption for the sulphide feed of ~1 tonne of oxygen per tonne of cobalt. o COB will begin submission of battery grade cobalt...

Pedro Resources Ltd. reports that, further to its press release dated December 5, 2023, it continues to work on its proposed private placement financing of up to 12,000,000 common shares at $0.05 per common share for aggregate gross proceeds of up to $600,000. The Company is actively engaging with potential investors and will continue to provide updates as new developments unfold. The Company has received approval from the Canadian Securities Exchange for a 30-day extension to close the Offering. Closing of the Offering is subject to all customary regulatory and board approvals. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under th...

Skyharbour Resources Ltd. is pleased to announce that it has acquired several new prospective uranium exploration claims through online staking and through an agreement with Eagle Plains Resources Ltd. , contributing to Skyharbour's large property portfolio. These 100% owned claims are located in Northern Saskatchewan, adding an additional 30,184 hectares to Skyharbour's existing holdings in and around the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute. As the Company remains focused on its co-flagship Russell Lake and Moore uranium projects, these new claims will become a part of Skyharbour's prospect generator business as the Company will seek str...

Nighthawk Gold Corp. is pleased to announce that Institutional Shareholder Services, an independent proxy advisory firm who provides voting recommendations to institutional shareholders, has recommended that Nighthawk shareholders vote FOR the proposed special resolutions at the upcoming meetings to be held on January 29, 2024 for Nighthawk and Moneta 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 of the Meeting, please visit www.nighthawkgold.com/investors. The Company also wishes to provide the following additional disclosure to supplement the disclosure in the joint management information circular for the Meetin...

Peabody today announced the closing of a new $320 million senior secured revolving credit facility maturing in January 2028, subject to certain conditions relating to the company's outstanding Convertible Senior Notes due March 1, 2028. Revolving loans under the facility bear interest at a rate of SOFR plus an applicable margin ranging from 3.50% to 4.25%, depending on the company's total net leverage ratio. At Peabody's current total net leverage ratio, the margin would be 3.50%. Letters of credit under the facility are subject to a fee equal to the applicable margin. The facility will be guaranteed by certain of Peabody's subsidiaries. "This new revolving credit facility is intended to further enhance our financial resiliency during the period of investment at the Centurion Mine as part ...

IsoEnergy Ltd. is pleased to announce that it has entered into an agreement with Eight Capital to act as co-lead underwriter and joint bookrunner on behalf a syndicate of underwriters , including Haywood Securities Inc., as co-lead underwriter and joint bookrunner, pursuant to which the Underwriters will purchase for resale, on a "bought deal" basis, 2,400,000 federal flow-through common shares of the Company at an offer price of $6.25 per Premium FT Share , for aggregate gross proceeds of C$15,000,000 . The Company has granted the Underwriters an option to purchase for resale up to an additional 15% of the Premium FT Shares at the Issue Price . The Over-Allotment Option will be exercisable in whole or in part, up to 48 hours prior to the closing date of the Offering. The pro...

Coeur Mining Inc.'s President and Chief Executive Officer, Mitchell J. Krebs, will participate in the TD Securities Global Mining Conference on Wednesday, January 24, 2024. The TD Securities Global Mining Conference is an invitation-only investment conference. Presentation materials will be made available on the Company's website at www.coeur.com. About Coeur Coeur Mining Inc. is a U.S.-based, well-diversified, growing precious metals producer with four wholly-owned operations: the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip silver-zinc-lead exploration project in British Columbia. View source version o...

Canadian Critical Minerals Inc. hereby announces the appointment of Chris Stewart as an independent Director of the Company. Mr. Stewart holds a B.Sc. in Mining Engineering from Queen's University in Kingston, Ontario. He has over 30 years of experience in the mining industry in engineering, operations, permitting, performance improvement, safety and ESG stewardship. Mr. Stewart has held various senior management roles as President, CEO, COO and Vice President Operations at Canadian mining companies including Lakeshore Gold, Kirkland Lake Gold, McEwen Mining, Treasury Metals and Minto Metals. He has significant underground mining experience with gold and copper and has raised monies in the capital markets. He has successfully implemented turnaround strategies at several Canad...

Piedmont Lithium , a leading global supplier of lithium resources critical to the U.S. electric vehicle supply chain, today announced an agreement to sell a portion of shares it holds in Atlantic Lithium to Atlantic's largest shareholder, Assore International Holdings . The Company has agreed to sell 24.3 million shares of Atlantic for GBP0.25 per share, representing a premium to the prevailing market price. The shares to be sold represent approximately 3.9% of Atlantic's outstanding shares and will result in approximately US$7.8 million in proceeds for Piedmont. Following the transaction, Assore will own approximately 28.4% of Atlantic. Piedmont will retain 32.7 million Atlantic shares, representing approximately 5.2% ownership in Atlantic. The sale of these shares has no impact on Piedmo...