Vancouver, January 10, 2024 - Norseman Silver Inc. is pleased to announce the appointment of Mr. Merlin Marr-Johnson to its board of directors . Mr Marr-Johnson has 30 years' experience in the minerals sector, including work as an exploration geologist for Rio Tinto, an analyst for HSBC and a portfolio manager for Blakeney Management as well as work on projects in South America, Africa, Central Asia and Europe. As CEO he has brought two companies to AIM, London and he has been involved in management and director roles in numerous publicly traded mining companies in the UK and Canada throughout his career. He is currently a non-executive Director of Salazar Resources Ltd., . Mr. Marr-Johnson is a graduate in geology from Manchester University and holds a Master's ...

Avante Mining is pleased to provide an update on field work at the Company's Pipestone Nickel Project and to announce that it has entered into an option agreement dated Jan 6, 2024 with Darrin Hicks, an arm's length party to the Company, whereby the Optionor has granted the Company the right to acquire a 100% undivided legal and beneficial interest in five mapped staked claims comprising eighteen cells adjoining the Pipestone Project . The Property is ideally located in central Newfoundland with road access to the north and south; it also has access to a hydroelectric power station 15 kilometers south of the Property. Adrian Smith, Chief Executive Officer of Avante, commented, "We are pleased to grow our land positio...

PPX Mining Corp. is pleased to announce that it has commenced its 2,500m diamond drilling program in coordination with Proyectos la Patagonia S.A.C. , a partner company. This drill program is carried out from inside the mine and the intercepts at Callanquitas West from the first 2 drillholes are 2.55 meters grading 8.14 grams per ton Au in the drill hole CA-23-01 and 1.15 meters grading 8.74 gpt Au in the drill hole CA-23-04. The drill hole A-23-01 was oriented at N280° and Dip -50°; and drill hole CA-23-04 was oriented N305° dipping -25° . The first two drill holes intersected four mineralized zones, as shown below in the Table 1: Table 1 Drill Hole From To Length Average Grades Breccia total depth Orientation & Dip Au Ag Au Eq CA-23-01 60.85 63.40 2.55 8.14 88.2 9.20 Callan...

European Energy Metals Corp. is pleased to report that it has satisfied the $1.0 million minimum exploration expenditure commitment on the Central Finland Lithium Project , being a key requirement for earning-in to an initial 51% interest in the Project from Capella Minerals Ltd as per the Earn-In Agreement . The Company has incurred over $1.1 million in exploration expenditures at the Project to date which includes sampling and mapping, in addition to the collection of ~1,100 rock chip grab samples, all of which have resulted in the discovery of several high-grade lithium prospects which are being permitted for drilling. The Company may now formally complete its earn-in to the 51% interest in the Project through the payment of CAD 100,000 in cash and 400,000 FIN common share...

Eastern Platinum Ltd. is pleased to announce its participation in the following industry and investor conferences. 121 Mining Investment Cape Town Date: February 5-6, 2024 Location: The Welgemeend, 2 Welgemeend St., Gardens, Cape Town, 8001, South Africa PDAC 2024 Date: March 3-6, 2024 Location: Metro Toronto Convention Centre, 222 Bremner Blvd, Toronto, Ontario, Canada Booth No.: 2345 Eastplats senior management team will be attending both events. For more information on these conferences, visit https://www.weare121.com/121mininginvestment-cape-town/ or https://www.pdac.ca/. About Eastern Platinum Limited Eastplats owns directly and indirectly a number of platinum group metal and chrome assets in the Republic of South Africa. Al...

Velocity Minerals Ltd. announces that it has issued a 60-day Notice of Termination to Zelenrok EOOD ), under a letter agreement dated August 8, 2023 between the Company and Raiden . Pursuant to the Letter Agreement the Company was granted the right and option to acquire a 75% indirect interest in the Kalabak project, southeast Bulgaria. Surface geochemistry completed in Q3 and Q4 2023 did not return positive results and the property is of no further interest. The Option and Letter Agreement are terminated, effective January 9, 2024. Share Issuance Velocity also announces that it has issued 125,000 common shares to Leede Jones Gable Inc. in accordance with its previously announced advisory agreement . The common shares were issued with a deemed price of $0.11 per common share ...

Silver Point Capital, L.P. is pleased to announce that on January 9, 2024, two of its affiliates, DOIP II Luxembourg Strategies S.à r.l. and SPCP Luxembourg Strategies S.à r.l. , entered into an agreement with Fulcrum Global Markets LLC to acquire, in aggregate, 111,920,836 common shares of Rusoro Mining Ltd. , at USD$0.473122476 per Rusoro Share for a total of USD$52,952,263.05 . Pursuant to the agreement, DOIP will acquire 30,033,493 Rusoro Shares and SPCP will acquire 81,887,343 Rusoro Shares . Prior to entering into the Silver Point Acquisition, none of the Silver Point Entities owned any Rusoro Shares. Following completion of the Silver Point Acquisition, Silver Point will have control or direction over approximately 19.47% of the issued and outstanding Rusoro Shares, wi...

Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, is pleased to confirm today that it received a multi-year work permit for its Jean Lake Lithium/Gold Project from the Mining Permit Office of the Manitoba Government, valid until April 30th of 2026. This permit will enable the Company to streamline the administrative processes involved with future exploration on the property, to understand the potential long-term impacts of the property while minimizing any potential work disruptions in a safer, more cost-effective approach. Foremost has finalized plans to begin a 15-hole, 2,500 metre diamond drill program on its Jean Lake Lithium/Gold Project located near the historic mining centre of Snow Lake in Manitoba commencing next mo...

Palisades Goldcorp Ltd. is pleased to announce that New Found Gold Corp. , a significant equity investee of Palisades within the meaning of applicable Canadian securities legislation, has announced the results from 16 diamond drill holes that were completed as part of a drill program designed to test the newly discovered Honeypot Zone at New Found's 100%-owned Queensway project in Newfoundland and Labrador. For further details regarding the Honeypot Zone, including the results of the drill holes and information of a technical nature thereto, highlights, images, and maps, please see New Found's news release dated January 10, 2024, accessible on New Found's website and under New Found's profile on SEDAR+ at www.sedarplus.ca. About Palisades Goldcorp Ltd. [wp=4326]Palisades Gold...

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release. Forward-looking information All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projectio...

Emperor Metals Inc. is pleased to announce additional assay results from the summer 2023 drilling campaign at the Duquesne West Gold Project. Using Artificial Intelligence to model the deposit and plan our drill program, a total of 14 diamond drillholes have been completed which represents 8,579 meters. Full results for DQ23-02 extension and DQ23-07 have been released from SGS Laboratories . These results indicate the potential for resource expansion within and outside the open pit concept. Emperor is targeting a multi-million-ounce resource in a combination of conceptual open pit and underground mining scenarios. Highlights DQ23-07 intersects 15.7 metres of 0.8 grams per tonne gold and 7.2 m of 2.8 g/t Au within the open pit concept . Drilling adds incremental ounces outside...

Omai Gold Mines Corp. is pleased to announce a non-brokered private placement offering of up to 43,000,000 units at a price of $0.07 per Unit for gross proceeds of up to $3,000,000, subject to acceptance of the TSX Venture Exchange . Each Unit will consist of one common share of the Company and one-half of a common share purchase warrant. Two such half warrants shall constitute a full warrant . Each Warrant entitles the holder to acquire one common share at an exercise price of C$0.11 for a period of 18 months from the date of issuance. Elaine Ellingham, Chief Executive Officer commented: "Our 2023 drilling significantly expanded the zones of gold mineralization at the West Wenot target, further demonstrating the scope of untapped potential of this large shear-hosted orogenic...

Gold Fields Netherlands Services B.V. , a wholly-owned indirect subsidiary of Gold Fields Ltd., announces that it has entered into a share purchase agreement dated January 9, 2024 with Fulcrum Global Markets LLC, a Delaware limited liability company , to sell 140,000,001 common shares in the capital of Rusoro Mining Ltd. for an aggregate initial cash purchase price of approximately US$62,323,793 and certain additional contingent consideration upon the occurrence of specified events described below . The initial cash purchase price represents a price of approximately US$0.45 per Common Share. Under the Agreement, GF Netherlands will be entitled to receive from Fulcrum the following additional contingent consideration for the Common Shares to be purchased by Fulcru...