New Found Gold Corp. is pleased to announce the results from 16 diamond drill holes that were completed as part of a drill program designed to test the newly discovered Honeypot Zone located 230m north of Jackpot on the east side of the highly prospective Appleton Fault Zone . New Found's 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240110257559/en/ Figure 1: Photos of mineralization, Left: at ~125m in NFGC-23-1810, Right: at ~126m in NFGC-23-1810 ^Note that these photos are not intended to be representative of gold mineralization in NFGC-23-1810. Honeypot Highlights: Hole No. From To...

Arizona Sonoran Copper Company Inc. reports additional drill assay results from the Cactus West and Cactus East deposits within the Cactus Project, Arizona. A total of 9 drill holes were completed for a total of 18,215 ft supporting the 125 ft infill-to-measured and geotechnical drilling programs. This press release features multimedia. Thick and high-grade total copper and soluble copper intervals within this Cactus East measured drilling remains consistent with indicated drilling results from the 2023 updated mineral resource. At Cactus West, infill and geotechnical drilling returned wide intervals of primary copper mineralization both below and at the extents of the Cactus West mineral...

Stallion Uranium Corp. is pleased to announce that it has appointed Matthew Schwab as Technical Advisor to its Board of Advisors. Mr. Matthew Schwab is an acclaimed exploration geologist located in Saskatoon, Saskatchewan where his work over the past decade has contributed to the discovery and development of multiple significant uranium deposits. Mr. Schwab is currently the CEO of Kraken Energy Corp, a US focused uranium exploration and development company. In 2014 while Mr. Schwab was the Senior Exploration Geologist at NexGen Energy Ltd. he was instrumental in the discovery of the Arrow uranium deposit located in the southwestern Athabasca Basin. Mr. Schwab was also a member of the Hathor Exploration Ltd. development team and contributed to the sale of the Rou...

Exploits Discovery Corp. is pleased to announce that diamond drilling operations have commenced on its Bullseye gold property located within the Appleton Fault exploration trend near Gander, Newfoundland, Canada. Highlights: Drilling will be a results-driven program focused on the potential strike extension of the high-grade Jackpot gold discovery publicized by New Found Gold Corp. throughout the second half of 2023. NFG's Jackpot mineralized trend is located within 200-300 metres of the Bullseye claim boundary. Initial 2,500 metre drill program at Bullseye includes approximately 10 NQ core-diamond drill holes, averaging 250 metres in depth. 2023 ground MAG / VLF survey data suggests the claims within the southern sector of Bullseye have been transected by sever...

Eureka Lithium Corp. , continues its review and assessment of the Lac La Motte lithium project as part of its Due Diligence period under the letter of intent, to be followed by the negotiation and drafting of the Definitive Agreement with the optionor, Medaro Mining Corp., . The Lac La Motte property is located in La Corne township, in the prolific mining area of the Abitibi- Témiscamingue region, Quebec province, 40 kilometres northwest of the city of Val d'Or. Spodumene lithium occurrences hosted in the intrusive rocks of the La Corne Batholithe have been explored since the 1950s, with the "La Corne Region" renowned as one of the world's most prospective and active area for hard rock lithium deposits. Lac La Motte property map To view an enhanced version of this graphic, pl...

Prime Mining Corp. is reporting expansion and generative drill results from its 2023 drill program at the Company's Los Reyes Project , located in Sinaloa State, Mexico. Drilling at Las Primas has intercepted several new high grade mineralized structures that appear to have many similarities to Guadalupe East, located 500m to the northeast. This discovery highlights the potential at Las Primas, which lies entirely outside of the previously reported 2023 Mineral Resource Estimate . Early mineralization modeling suggests a vertical extent of over 300m and 450m along strike. Drill hole 23GE-147 at Guadalupe East contains one of the highest grade intercepts ever recorded at the Project, with 45.3 gpt Au and 2,723 gpt Ag over 4.75m estimated true width . 23GE-147 expands the very-...

Elevation Gold Mining Corp. is pleased to announce operating results for the three months and year ended December 31, 2023 . The Company expects to file its year-end financial statements and management discussion and analysis in April 2024. Fourth Quarter and Fiscal Year 2023 Highlights Elevation Gold produced 7,989 ounces of gold from 604,167 ore tonnes processed with average grades of 0.54 g/t in Q4 2023. The Company sold 7,754 ounces of gold during Q4 2023 and 31,063 ounces of gold for the year ended December 31, 2023. Silver production for the year ended December 31, 2023 was 202,060, an increase of 26% compared to the year ended December 31, 2022. Consolidated Operational Results Summary The following table provides a summary of the Company's operational statistics for t...

Sendero Resources is pleased to announce that drilling has commenced at its 100% owned Peñas Negras Project. Diamond drilling has commenced for an initial program of 4,500m. Four priority drill-ready porphyry/epithermal copper-gold targets have been selected for initial drill testing: La Peña, Tamberías, La Ollita and Cerro Verde South. Drilling has commenced at La Peña with two planned holes at approximately 500m each. A recent detailed ground magnetic survey at La Peña confirmed the large magnetic anomaly centered on the known porphyry and highlights a satellite magnetic anomaly to the north. Many of the key geological, geochemical, and geophysical features seen at other deposits in the Vicuña Belt, such as Filo del Sol and Josemaria deposits are replicated in Sendero's priority drill targets.

Fortuna Silver Mines Inc. is pleased to report that the Company has paid down an additional $41 million of its revolving credit facility at the end of the fourth quarter of 2023, using cash on hand. After the payment of $41 million, the Company expects to bring down the leverage ratio1 below 0.5 times total net debt2 to adjusted EBITDA3 . At December 31, 2023, it is expected that Fortuna's total outstanding debt balance will stand at approximately $165 million on its credit facility , and approximately $46 million of convertible notes, for an estimated total net debt, after cash and cash equivalents, of $83 million as at December 31, 2023. This represents a reduction of approximately $50 million in total net debt in the period, reflecting cash flow contributions from the Ségué...

Diamcor Mining Inc. , , a well-established Canadian diamond mining company with a proven history in the mining, exploration, and sale of rough diamonds is pleased to provide a brief overview of the significant events which shaped the diamond industry in 2023, their implications for the sector, and the actions taken to allow the industry to move forward in 2024 with a sense of optimism. Additionally, we are pleased to provide an overview of the Company's main operational focus for the coming year. 2023 Diamond Industry Overview The year 2023 proved to be a year of adaptation and strategic realignment for the diamond industry as the world continued to emerge from the global COVID-19 pandemic. The significant events which shaped the year included: Changes in consumer spending ha...

Metallic Minerals Corp. is pleased to announce results from its fall 2023 exploration drilling campaign at the Company's 100%-owned, 171 square kilometer Keno Silver project, adjacent to Hecla Mining in the high-grade Keno Hill silver district of Canada's Yukon Territory. The 2023 exploration program included 1,112 meters in four diamond drill holes focused on expansion of the Formo target in the West Keno area, which is on trend with the 100 million-ounce historic Hector-Calumet mine controlled by Hecla. Drill hole FOR23-03 represents one of the best intercepts to date for the Keno Silver project, returning grades of 256 grams per tonne silver equivalent recovered over 46 m. This is also the deepest intercept to date on the Formo vein structure and mineralization remains ful...

London, 10 January 2024 - Endeavour Mining Plc announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. Aggregated information Dates of purchase: 09 January 2024 Aggregate number of ordinary shares of USD 0.01 each purchased: 22,470 Lowest price paid per share : 1,504.00 Highest price paid per share : 1,532.00 Volume weighted average price paid per share : 1,520.27 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,851,379 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,851,379. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they...

Pampa Metals Corp. is pleased to advise that it has identified an additional zone of undrilled and outcropping porphyry related quartz-vein stockworks coincident with geophysical and geochemical anomalies at the Piuquenes Porphyry Copper-Gold Project. Piuquenes East Stockwork Zone Since optioning the Piuquenes Porphyry Copper-Gold Project the Company has completed a comprehensive review of the project's technical data base which includes: • Detailed Surface Geology and Geochemistry ; • Geophysics - Deep 3D PDIP & NSMT ; • Airborne magnetic/radiometric survey; and • 2,800m of well-preserved historical drill core. This review, complemented by Pampa Metals' recent drillcore re-logging, field validation and preparatory works for follow-up drilling, has led to ...