Electrum Discoveryis pleased to announce the closing of its previously-announced transaction resulting in the reverse takeover of Medgold by Balkan Metals, along with completion of a concurrent non-brokered private placement, a 16-1 share consolidation and name change. As a result of the Transaction, Electrum now holds a portfolio of exploration licences in Serbia covering close to 1,000 square kilometres, making Electrum the largest holder of highly prospective exploration ground in Serbia. Management looks forward to advancing the Company's flagship Timok East Project . The Transaction Pursuant to the terms of an amalgamation agreement entered into between Medgold, BMC and 1397383 B.C. Ltd., a wholly-owned subsidiary of Medgold dated Jan...

Resouro Strategic Metals Inc. is pleased to provide an update on activities at the Tiros Rare Earths and Titanium project in Brazil . Key highlights from recent assays received include; 38 metres at 6,444 ppm TREO with 1,524 ppm NdPr and 17.5% TiO2 from 40m 34 metres at 4,216 ppm TREO with 1,020 ppm NdPr and 10.6% TiO2 from 24m 28 metres at 4,585 ppm TREO with 1,012 ppm NdPr and 12.7% TiO2 from 29m 12 metres at 8,150 ppm TREO with 1,575 ppm NdPr and 20% TiO2 from surface 10.5 metres at 7,181 ppm TREO including 2,222 ppm NdPr and 17.5% TiO2 from surface 14 metres at 4,340 ppm TREO with 911 ppm NdPr and 12.1% TiO2 from 29m In summary, the 518 samples taken from the 13 holes in the recent campaign produced 83% of the samples had a TREO grade above 3,000 ppm; 84% of the samples h...

Element79 Gold Corp. announces that it has reached agreement with Condor Resources Inc. to revise the payment terms on a payment due December 21, 2023 of US$500,000 with respect to the Lucero project. Element79 are the owner of Calipuy Resources and assumed Calipuy's obligations to acquire the shares of Condor's subsidiary, Minas Lucero del Sur S.A.C., the owner of the Lucero project. Element79 and Condor have agreed to reschedule the U$500,000 payment into two tranches. Twenty five percent of the payment will be satisfied now by the issuance of common shares of Element79. The balance of US$375,000 is due on or before March 31, 2024. As consideration for ...

REMUNERATION FOR FORMER CEO London, 18 January 2024 - Following Endeavour Mining Plc's announcement on 4 January 2024 in relation to the termination of Sébastien de Montessus' role with the Company, the impact on his remuneration has been determined and uploaded to the Company's website, available here. CONTACT INFORMATION Martino De Ciccio Deputy CFO & Head of Investor Relations +44 203 640 8665 mdeciccio@endeavourmining.com Brunswick Group LLP in London Carole Cable, Partner +44 7974 982 458 ccable@brunswickgroup.com ABOUT ENDEAVOUR MINING CORPORATION Endeavour Mining is one of the world's senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d'Ivoire and Burkina Faso and a strong portfolio of advanced development projects and expl...

Eastfield Resources announces that Alpha Copper Corp. has entered into an amending agreement dated Jan. 12, 2024, in respect of the option agreement dated June 20, 2018 with Eastfield Resources Ltd., pursuant to which Alpha Copper may acquire a 60-per-cent interest in the Indata copper-gold project located in north-central British Columbia. In accordance with the amending agreement, to earn a 60-per-cent interest in the property, Alpha Copper must make remaining payments to Eastfield and incur remaining exploration expenditures on the property as follows: Incur $350,000 in exploration expenditures and pay $35,000 by Jan. 23, 2024; Pay $25,000 by June 20, 2024; Incur $966,186 in exploration expenditures and pay $105,000 by Dec. ...

Globex Mining Enterprises Inc. is pleased to inform shareholders that Brunswick Exploration Inc. reports additional wide and multiple Li2O intersections on the Globex Lac Escale royalty property in the James Bay area of Quebec. On January 24, 2023, Globex announced the sale of the property to Brunswick while maintaining a 3% Gross Metal Royalty, 1% of which may be purchased for an additional $1,000,000. In addition, upon the 5th anniversary of the agreement or following total expenditures of $4,000,000 whichever comes first, Brunswick will commence to pay Globex an annual $100,000 advance royalty payment. Today, Brunswick announced 10 additional drill holes. Of particular interest are, three drill holes collared at the same location but at successively steeper dip angles. DRIL...

Golden Cariboo Resources is pleased to announce that its team continues to identify and expand gold mineralization at the Main Zone of its Quesnelle Gold Quartz Mine Property which hosts alteration and mineralization styles visually similar to that of Barkerville Gold Mines' Cariboo Gold Project near Hixon. Assay results have been received for QGQ22-03 and approximately half of QGQ23-01, both of which targeted the extension to replacement style mineralization intersected in QGQ22-02 which returned 0.69 g/t gold over 22.3m . Drill hole specifications are tabulated below. Hole ID Easting Northing Az. Dip Length QGQ 22-02 531708 5921733 136 -60 248.1 QGQ 22-03 531680 5921763 136 -55 217.9 QGQ 23-01 531710 5921735 136 -4...

TSX: GMIN OTCQX: GMINF G Mining Ventures Corp. is pleased to announce it has been named to the 2024 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2024 OTCQX Best 50 were ranked based on their performance in 2023. Louis-Pierre Gignac, President & Chief Executive Officer, commented: "We appreciate this tremendous recognition of the GMIN team's efforts at creating value for our fellow stakeholders. 2024 has been off to a great start for GMIN, with the ah...

Cerrado Gold Inc. announces in connection with the US$20 million secured note issued by Cerrado to Sprott Resource Streaming and Royalty Corp. to facilitate funding of the gold and silver stream agreement in advance of commercial production at its Monte do Carmo Project, Cerrado has elected to pay interest due December 31, 2023, in shares. Pursuant to the Note, the Company may elect to satisfy the payment of any accrued and unpaid interest on the Note by the issuance of common shares of the Company at a price per Common Share equal to 95% of the volume weighted average price of the Common Shares for the 5 trading days immediately prior to the date payment is due or any combination of cash and Common Shares in the Company's sole discretion. Interest due on the Note for the per...

Fortitude Gold Corp. today announced preliminary 2023 annual production results. The Company produced 37,996 gold ounces in 2023, successfully reaching its targeted 36,000 to 40,000 gold ounce production range. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield. "2023 marked another excellent year for our Isabella Pearl operation delivering low-cost gold production and strong shareholder cash dividends," stated Mr. Jason Reid, Fortitude Gold's CEO and President. "The Isabella Pearl project to date has exceeded our expectations both in longevity and gold production since our initial production decision and commencement of operations. We currently await Bureau of Lan...

Lion One Metals Ltd. is pleased to provide an update on ongoing operations at the company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Lion One Metals' Chairman and CEO Walter Berukoff stated: "2023 was a year of noteworthy accomplishments for Lion One Metals. Within one year we have gone from pouring concrete to pouring gold. We built the entire processing plant at Tuvatu within one year, completed over 2,000 m of underground mine development, drilled over 40,000 m of core, completed Stage 1 of our Tailings Storage Facility, and on October 10th we celebrated with over 1,000 community members, employees, and government officials as we poured our first gold at Tuvatu. We're very proud of our technical team's ability to achieve these significant milestones, especially in ...

Colibri Resource Corp. announces that it has contracted Geo Digital Imaging de Mexico, S.A. de C.V. to complete an up to 1373.5 hectare high-definition magnetic survey covering the highest priority targets identified on the Plomo claims of its flagship EP Gold project. In addition, Company geologists are presently in the field completing an additional geological mapping and sampling study at these priority targets. Figure 1 - Magnetic Survey Area at EP Gold Project To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4269/194725_8e74b96d244628ff_001full.jpg Ian McGavney, Colibri's President & CEO states, "The data generated from these studies will be added to our already robust dataset at the EP Gold Project and will assist us in se...

Sienna Resources Inc. is pleased to announce that it has acquired the 10,845 contiguous acre "Dragon Uranium Project" bordering Cameco Corporation in the world renown Athabasca Basin of Saskatchewan. According to the World Nuclear Association , the highest-grade uranium mine in the world is Cameco's Cigar Lake in the Athabasca Basin of Saskatchewan, Canada. It has an average grade of 14.69% U3O8. The Athabasca Basin is home to the highest-grade uranium deposits in the world, which includes the highest grade uranium mine in the world owned by Cameco Corporation. In 2021, the Fraser Institute ranked Saskatchewan as number one in Canada, the second-best jurisdiction globally. Sienna management cautions that past results or discoveries on properties in proximity to Sienna may not...