Globex Mining Enterprises Inc. wishes to inform shareholders that Labyrinth Resources Ltd. have entered into a Project Acquisition Agreement with private company Gold Projects WA Pty Ltd. wherein Labyrinth is selling the Labyrinth gold deposit to GPWA. Click here to view Labyrinth press release dated January 8, 2024 for more information. GPWA is a special purpose vehicle set up to facilitate the transaction. The shareholders of GPWA are Casey Group Holdings Pty Ltd. holding 51% and Erasano DMCC, a precious metals trading company based in Dubai, holding 49%. Globex retains a 5% Gross Metal Royalty on the first 25,000 ounces of all metals produced from the property, including gold and silver and a 3% Net Metals Royalty thereafter. As reported by Labyrinth, GPWA will assume "all ...

Gold Reserve Inc. is pleased to announce that in separate decisions: the U.S. Supreme Court has denied the request by the Bolivarian Republic of Venezuela and Petroleos de Venezuela, S.A. for permission to appeal the order issued on July 7, 2023 by the U.S. Court of Appeals for the Third Circuit that affirmed the decision of the U.S. District Court of Delaware granting the Company a conditional writ of attachment of the shares of PDV Holding, Inc. , the indirect parent company of CITGO Petroleum Corp.; and the Delaware Court has designated the Company and certain other creditors of Venezuela as "Additional Judgment Creditors" for the purposes of the sale process currently underway with respect to the proposed auction of the shares of PDVH. These two decisions clear two signifi...

Sitka Gold is pleased to announce that the 2023 drill program has been completed at its Alpha Gold Property located at the southeast end of the Cortez Trend. A total of 1027.3m was drilled in four holes as shown in Table 1 and Figure 2. All four drill holes encountered significant intercepts of strong alteration and mineralization consistent with known Carlin-type gold deposits. "We are extremely encouraged with what has been observed in this round of drilling at Alpha, with all four drill holes intercepting extensive intervals of stronger Carlin-type alteration and mineralization than the holes being offset", commented Cor Coe, P.Geo, Director and CEO of Sitka. "These drill holes have substantially increased our confidence in the current geologic model that suggests th...

Highlights: NAK23-17 intersected 302 m of 1.09% Copper Equivalent within 606 m of 0.74% Copper Equivalent beginning at 99 m downhole. NAK23-17 was collared 250 metres west of NAK23-11 , and more than 250 metres away from any previous hole drilled on the property, extending high-grade mineralization westward. The fully funded 2024 drill program will prioritize expanding the large, high-grade, mineralized South Zone and testing linkages between it and other higher-grade parts of the extensive NAK system. Orecap Invest Corp. is pleased to announce that American Eagle Gold , an Orecap portfolio company in which it owns 11,863,248 million shares has intersected 302 metres of 1.09% CuEq from its latest drill hxole-NAK23-17. This high-grade mineralization was encountered more than 2...

Nevada Lithium Resources Inc. is pleased to announce, that further to its press release dated October 17, 2023, it has completed interpretation of a seismic survey conducted at its 100% owned Bonnie Claire lithium project . A major north-south-trending fault zone has been identified as a target for lithium brine exploration. This development is part of the current work program that commenced in the summer of 2023 . The workplan is advancing the Company's lithium resource towards pre-feasibility and is examining the potential for additional opportunities in lithium brines. Stephen Rentschler, CEO of Nevada Lithium Resources, comments: "We are pleased to report that the seismic survey first announced on October 17th, 2023, has yielded important results. The survey has identifie...

Benjamin Hill Mining Corp. has engaged Clarkham Capital Ltd. to provide investor relations and consulting services with a focus on the German stock market and the German-speaking investor community. Services include the preparation of articles and coverages on several financial platforms and newsletters. Services will also include the translation and distribution of news releases in Germany. The initial term is for 3 months, ending on April 3 2024. Benjamin Hill will pay Clarkham €50,000 euros for their services. Sebastian Korbach is the director of Clarkham but holds no securities in the capital of the Company and will not be compensated individually in any manner. No securities will be issued in connection with Clarkham's engagement. About Benjamin Hill Mining Corp. [w...

Steppe Gold Ltd. is pleased to announce that it has entered into a turnkey engineering, procurement and construction contract , with Hexagon Build Engineering LLC for the Phase 2 Expansion at the ATO Gold Mine . Hexagon is an experienced construction group active in Mongolia and internationally. As at the date of execution of the EPC Contract, the contract amount payable to Hexagon for the full performance of the work under the EPC Contract is approximately $148.4 million . The Contract Amount is fully funded by a project finance package that has been made available to the Company and its affiliates by TDB Capital Pte Ltd. and certain of its affiliates and the Trade and Development Bank of Mongolia. Mr. Bataa Tumur-Ochir, Steppe Gold Chairman and CEO commented, "With our land...

Gama Explorations is pleased to announce the discovery of multiple massive titanium-vanadium-scandium occurrences via groundwork on the Company's 100%-owned, 625 km2 Tyee Critical Mineral Project. The Tyee Project is located 100 km from Rio Tinto's Lac Tio Mine[1] which is the world's largest solid titanium deposit[1] and 135 km north of Havre-Saint-Pierre. Highlights: Multiple exceptionally high-grade titanium, scandium, and vanadium occurrences discovered Titanium grades up to 37.6% TiO2 hosted in massive ilmenite Scandium grades up to 42 g/t Vanadium grades up to 0.37% The average titanium grade from 64 rock samples taken is 28% TiO2 Titanium, scandium, and vanadium are all on the lists of critical minerals for the green transition as outlined by the governme...

Pacific Ridge Exploration Ltd. is pleased to announce results from the final three diamond drill holes, KLI-23-067 to KLI-23-069, of the 2023 drilling program at the Kliyul copper-gold porphyry project with drill hole KLI-23-068 intersecting 110.0 m of 0.97% copper equivalent or 1.44 g/t gold equivalent within 455.8 m of 0.43% CuEq or 0.63 g/t AuEq . Owned 100% by the Company, Kliyul is located in the prolific Quesnel Terrane in northcentral British Columbia close to existing infrastructure . Highlights All three drill holes intersected significant porphyry copper-gold mineralization. Drill hole KLI-23-068 returned 110.0 m of 0.97% CuEq or 1.44 g/t AuEq within 455.8 m of 0.43% CuEq or 0.63 g/t AuEq . This is the best mineralized interval of the 2023 drill program at Kliyul. Dr...

Surge Battery Metals Inc. is pleased to announce that the remaining certified assays from the 2023 core drilling phase on its high-grade lithium clay discovery at Nevada North have intersected high-grade lithium mineralization 600 meters west of 2022 hole NN2203. Additionally, mineralization has been extended to depth in hole NN2311 and a narrow band of mineralization was intersected starting from surface in the northernmost hole, NN2312. Two holes drilled from the same pad show the mineralized horizons extend at least 600 meters west of hole NN2203 drilled in 2022. Hole NN2307 was drilled vertically, and NN2310 was drilled at a 50-degree dip due east. Hole NN2307 cut a total of 50.3 meters averaging 2533 ppm Li and NN2310 cut 47.7 meters averaging 3220 ppm Li. Hole NN2311 wa...

Drilling reveals two high-grade silver trends High-grade silver from >100 g/t to > 2000 g/t Significant new value driver for the Hycroft Mine WINNEMUCCA, Nev., Jan. 9, 2024 /PRNewswire/ -- Hycroft Mining Holding Corp. announces additional drill results from Phase 2 of the 2022-2023 exploration drill program at the Hycroft Mine, located in Nevada, a Tier-1 mining jurisdiction, and provides an update on its cash position. The drilling continues to intercept high-grade silver and delineate continuity of the new silver system at Brimstone. Final assays from the Phase 2 drill program are pending. Highlights from the drilling include: Confirmation of well-developed veins with very high-grade silver. The new Brimstone silver system is strong in continuity, extending more than 8...

Cascadia Minerals Ltd. is pleased to provide results of the 2023 exploration program at the PIL Property, located in the prolific Toodoggone porphyry copper-gold and epithermal precious metals district of northern British Columbia, Canada. Work in 2023 included a TITAN deep induced polarization geophysical survey at the PIL South target, as well as prospecting and mapping focused primarily in the underexplored northeastern portion of the property, at the Spruce target. PIL 2023 Exploration Summary Deep IP survey at the PIL South target identified a classic porphyry signature below shallow historical drilling that intersected typical high-level pyrite mineralization and alteration; The IP survey signature underlies a 2.5 x 2.0 km gold-copper ± molybdenum soil and rock sample a...

Scandium International Mining Corp. provides the following update to shareholders. Dear fellow shareholders, We wanted to update you regarding what is happening at Scandium International Mining Corp. and more specifically, our Nyngan Scandium project in NSW Australia. 1. Nyngan Scandium Project: We have continued to advance the project which has a 25-year mining license: a. In October 2023, we announced a critical step in the timeline as we broke ground at the site, marking the physical development of the site following the results of the 2023 drilling program. b. We are completing surveys, undertaking soil management including the establishment of water exclusion embankments and stripping of topsoil, and placing temporary office quarters at the site for future ...