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...

Gold Mountain Mining Corp. announces that its 2 subsidiaries holding the Elk Gold mining project concessions, have received "demand for payment" letters from two of its mine site contractors. The demand is for a total of approximately $5.6 million for contract work on the Elk gold mining project. $4.7 million of this amount is related to expenses incurred by its mining contractor and a notice of enforcement of security has also been received from this contractor regarding a previously announced and executed general security agreement . The Company is reviewing its legal options with respect to these letters and while the Company does not have the means to pay these amounts at this time it is attempting to find solutions to work with the groups. Mining operations had been paus...

Excellon Resources Inc. is pleased to provide the following "Year in Review" and corporate update, with the intention of providing clarity on key value drivers for 2024. 2023 Year in Review Summary Eliminated the US$22 million litigation liability overhang, through the deconsolidation of San Pedro Resources1. Shareholders approved the restructuring of the Company's 5.75% secured convertible debentures 2, which restructuring, when completed, is anticipated to reduce indebtedness by 58% or $10.4 million and provide a clearer runway for equity recovery. At Kilgore, a positive U.S. District Court ruling3 upheld Excellon's Plan of Operations, supporting Excellon's continued exploration activities in Idaho. At Silver City, Excellon recently completed an extension of its Mohorn, Oede...

Blue Thunder Mining Inc. announces that it has begun planning its 2024 exploration campaign at its Muus Gold Project in Chibougamau, Québec. On November 13, 2023, the Company announced a renewed focus on gold exploration in Quebec with the technical and financial support of IAMGold Corp. , a Canadian-based, international, gold mining company . The ensuing private placement has closed and in fact was oversubscribed. IAMGOLD - Blue Thunder Technical Committee The first meeting of the IAMGOLD - Blue Thunder Technical Committee took place in December 2023. Dorian L. Nicol, the Company's CEO, said, "We are even more enthused about the discovery potential at Muus after our initial planning discussions with IAMGOLD. These discussions confirmed, as we suspected, that the g...

In a productive 2023, CopAur Minerals marked significant milestones in mineral exploration, notably drilling 32.3 meters at 15.28 grams per tonne and uncovering three potential high-grade expansion corridors in the Western Flank zone. This achievement not only highlights CopAur's significant strides in mineral exploration but also lays the groundwork for the company's ambitious exploration initiatives in 2024. Core at Kinsley Mountain Project To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7895/193749_364c8401b4271b8a_001full.jpg CPAU Highlights: Early 2023 Successes: The year began with a triumphant drill program at Bolo, enabling CopAur to acquire a 50.01% stake as the operator . Renaming and Revitalizing Troy Can...

Manganese X Energy Corp. is pleased to announce that Manganese X has signed a Memorandum of Understanding with US battery technology leader C4V, leading to a potential offtake deal from the Company's Battery Hill High Purity Manganese project in Woodstock, New Brunswick, Canada. The non-binding agreement is based on the potential supply of Electric Vehicle compliant High Purity Manganese Sulfate Monohydrate , a sample of which is currently being pre-qualified by C4V for its Gigafactory joint ventures. The sample was produced as part of the Manganese X's Pilot Plant Project, using its patent pending ground-breaking manganese purification technology to process Battery Hill manganese carbonate into EV compliant High Purity Manganese Sulfate Monohydrate as a pre-curser to the cat...

Rock Edge Resources announces that it will not be continuing with the Option Agreement of its Superb Lake Property in Ontario which was entered into with Medaro Mining Corp. on Nov 24, 2022. Charles Desjardins, President and CEO of Rock Edge states that “The Company is currently re-evaluating its portfolio of properties in order to enhance shareholders value”.

Greenridge Exploration is pleased to announce it has engaged Max Investments to lead exploration activities on the Company’s Weyman Copper Project. The Project is located near the town of Princeton and sits on the southern Quesnel terrane, which can potentially be prospective for porphyry-type mineralization. Max will provide ongoing management and geological services for all upcoming exploration activities at the Project. The Company intends to complete an initial exploration program consisting of extensive soil and rock sampling throughout the Project. The Program aims to develop a better understanding of the overall geology of the Project to guide future programs.

Pan American Energy Corp. is pleased to announce that it has commenced the Phase 2 drilling program at its Big Mack Lithium Project, located approximately 80 kilometers north of the town of Kenora, ON. The exploration program is being carried out by Fullforce Diamond Drilling Ltd. under the geological oversight of Axiom Exploration Group Ltd. . The Company is fully funded for the Phase 2 drilling program and plans to drill approximately 5,000 meters. Following a successful Phase 1 drilling program , the Phase 2 drilling program will continue to focus on infill and exploratory targets that were identified through historical drilling analysis, UAV magnetic survey, and the Summer 2023 field prospecting program. The Company intends to drill the Sprinkler/6059 Zone, The Eleven Zon...

Vortex Energy Corp. is pleased to announce that drill and crew mobilization has begun at the Company's flagship property, the Robinsons River Salt Project , to commence drilling at the second approved core well. The Company has retained the services of the contractors involved in the drilling of the initial core well at the Project, RESPEC Consulting Inc., Major Drilling Group International Inc., and DGI Geoscience Inc., to drill the second core well. The drilling of the second core well is designed to confirm the depth of the salt rock structures at the Project and attain the geological properties of the salt and non-salt rocks present at the Project. The Company previously announced on December 14th, 2023, that it had intersected salt rock at its first core we...