Fireweed Metals Corp. is pleased to report its best drill intersection from Boundary Zone to date, as well as other spectacular assay results from its 2023 exploration at the Macmillan Pass Project, Yukon, Canada. Highlights Best intersection drilled to date at Boundary Zone: hole NB23-028 intersected 143.95 m grading 14.45% zinc, 1.15% lead, and 60.0 g/t silver, including 28.71 m grading 25.52% zinc, 1.27% lead, and 91.3 g/t silver. Successful step-out holes continue to increase the extents of known zinc mineralization and demonstrate the high-grade tenor of the Boundary Zone mineralization. Hole NB23-022 intersected 66.11 m grading 7.13% zinc, 0.97% lead, and 54.8 g/t silver. Assays are pending for 19 remaining drillholes including six more from Boundary Zone, and 11 holes ...

Marathon Gold Corp. is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. and Glass Lewis & Co. have each recommended that Marathon shareholders vote "FOR" Marathon's proposed plan of arrangement with Calibre Mining Corp. at the upcoming special meeting of Marathon Shareholders to be held on Tuesday, January 16, 2024 at 10:00 a.m. . In making its recommendation, ISS commented: "Vote FOR this resolution as the strategic rationale makes sense, the merger consideration represents a significant premium to the unaffected price, the special committee engaged in a credible process, and non-approval risk remains elevated." Glass Lewis commented: "All told, we believe the board has presented a sufficient case to supp...

Sabre Gold Mines Corp. is pleased to announce that it has updated the terms of the Property Purchase Agreement of the Marg VMS project located in Central Yukon with Azarga Metals . The Company and Azarga are parties to an asset purchase agreement closed on November 8, 2021, in respect of the Marg Project, on terms announced November 9, 2021. The Company and Azarga have agreed to amend the APA to an option to purchase agreement whereby if Azarga does not complete the option maintenance payments and exercise the option to purchase the Marg Project , the option to purchase will expire and the title to the Marg Property will be transferred to the Company by Azarga Metals. In consideration of Sabre Gold's debt forgiveness, Azarga has agreed to increase the net smelter returns roya...

$7.5 Million Drilling Program at West McArthur JV High-Grade Pike Zone $2.7 Million Geophysics and Drilling Program at Moon Lake South JV Multiple Drilling Programs Planned on Partner Sole-Funded Projects CanAlaska Uranium Ltd. is preparing for winter drill programs at three of its projects in the southeastern Athabasca Basin . Figure 1 - Project Locations Map To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2864/193606_f7fa0b50f4969a9b_002full.jpg An approved $7.5 million exploration program on the West McArthur Joint Venture project is scheduled to start in early January. The 2024 West McArthur drill program will focus on continued expansion of the Pike Zone discovery and along strike unconformity testing to the northeast and s...

Drill Highlights: SUREBET ZONE HIGHLIGHTS The mineralization model has been updated with the latest assay results, increasing the average grade by 43%, and a 24 % increase in volume, from 5,500,000 m3 volume at 6.31 gpt AuEq to a volume of the Surebet Zone to 6,800,000 m3 with an average grade of 9.04 gpt AuEq, which remains open. The Surebet Zone, hosted in the Hazelton Sediments, has been intersected in 106 drill holes to date with broad intervals of quartz-sulphide mineralization, 92% of which have intersected gold mineralization. GD-23-220 intersected the Surebet Zone and assayed 13.24 gpt AuEq over 5.10 meters, including 21.74 gpt AuEq over 3.10 meters. An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/5dde6e08-2d06-43e6-a9e7-6ac947b490cd...

EnviroGold Global Ltd. , a clean technology company accelerating the world's transition to a circular-resource economy, is pleased to announce its intention to transition to a mining technology royalty company. The Company is currently working with five major global metal production companies to test its technology for the recovery of precious, base, and critical metals across seven waste streams . In November, the Company announced the positive initial test results with one of these mining companies. The initial test results on a leach of a flotation concentrate showed a solid oxidation rate and recovered relatively high levels of metals - Ni , Cu , Co , with concentrations in the residue for platinum and palladium of 1.09 g/t and 0.57 g/t, respectively. The Company-produced...

Green Shift Commodities Ltd. , is pleased to announce that initial exploration work on its Armstrong Lithium Project is now complete. The sampling program consisted of reconnaissance prospecting and geological mapping along the 90 contiguous claims totaling ~1,800 ha, located in the Seymour-Crescent-Falcon lithium belt, ~55 km northeast of the town of Armstrong and ~245 km from Thunder Bay in Ontario, Canada. Highlights Given the potential of the region, the purpose of the program was to identify lithium bearing structures resembling the adjacent properties held by Green Technology Metals Limited and Antler Gold Inc. . Mapping and sampling done which indicate several positive mineral occurrences leading to further planned exploration. 2023 prospecting program yielded several h...

Sama Resources is pleased to announce additional nickel, copper and platinum group of element semi-massive and massive sulphide drilling intersections in the 3,800 metre drilling program at the Yepleu prospect. In the October 17, 2023 press release we reported partial assay results of holes S-332 to S-342, , today we are reporting assay results for 7 holes drilled on a newly discovered, near surface, nickel , copper and Platinoid Group Elements showing mineralization over an area of 500 metres by 400 m, open in all directions within a corridor of approximately three kilometres oriented north-west to south-east by 500 m to 700 m wide . The...

Sun Summit Minerals Corp. is pleased to announce, further to the Company's news release dated November 9, 2023, that it has entered into a definitive option agreement with Victor F. Erickson, V.F. Erickson Consultants Limited and T. Cameron Scott , arm's length parties to the Company, to acquire a 100% interest in the JD Project in the Toodoggone gold-copper district in north-central British Columbia. Highlights: Significant mineralization in the prolific Toodoggone mining district: The 15,000 hectare JD Project contains numerous under-explored epithermal-related gold-silver targets as well as porphyry-related copper-gold targets. High-grade gold and silver mineralization in historic drill holes: Results from historical drill programs highlight the high-grade gold and silver ...

C3 Metals Inc. is pleased to provide an update on 2023 exploration results and strategy for 2024 at the Company's 100% owned copper-gold projects in Jamaica. Exploration work has confirmed 16 porphyry and over 40 epithermal copper-gold prospects along a 30km strike extent . Drill holes completed during 2023 highlight significant porphyry potential that remains open at depth and along strike. Figure 1: Project location map showing C3 Metals' tenement map and the 16 copper-gold porphyry and 40 epithermal prospects confirmed along a 30km strike extent. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2661/193622_f0312d15c49eda3d_0001full.jpg 2023 HIGHLIGHTS Over 9,300 meters drilled through end of 2023. At the Bellas Gate Project, ...

Denarius Metals Corp. is deeply saddened to announce the recent passing of Mr. Hernan Juan Jose Martinez Torres, a member of the Board of Directors since October 2022 and the Lead Independent Director of the Company. "Mr. Martinez served as Minister of Mines in Colombia from July 2006 to August 2010 and held several senior management and director roles over an impressive career, including President of Exxon Mobil Colombia and as a director of GCM Mining . He was an exceptional leader and mentor who generously shared his expertise and business knowledge, as well as his warmth and friendship," said Serafino Iacono, Executive Chairman and CEO of Denarius Metals. "We will miss his dedication and service. We extend our heartfelt sympathies to his family and friends." The Company a...

Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.064 per share for December 31, 2023 . At the end of December, the Company's price per share was C$0.03. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Black Sheep Income Corp. Private $1,265,589 $0.012 Nevada Zinc Corp. NZN:TSXv $449,960 $0.004 Guided Therapeutics Inc. Private $383,698 $0.004 Working Capital1 & Liquid Investments2 $3,191,036 $0.029 Other Investments $1,731,944 $0.016 Total $7,022,228 $0.064 Working Capital is calculated as cash, minus management's estimate for known liabilities and is subject to change with future estimates or financial reports. Olive defines Liquid Investments as i...

Highlights: Results confirm the presence of high-grade gold with a brand-new discovery in GS-23-100, which intersected 48.7 g/t Au over 1.5 metres within a broader, lower-grade alteration zone of 5.5 metres A Winter drilling program of 5,500 metres to resume mid-January to test additional targets on the Eagle River Splay and high-grade mineralization on the Dorset Gold Zone Five exploration drill holes, totaling 1,272 metres, were completed on the new Eagle River Splay Area, which has seen no previous drilling TORONTO, Jan. 09, 2024 -- Angus Gold Inc. is pleased to announce assay results from five drill holes, totaling 1,272 metres, completed during the fall 2023 drilling program on the Eagle River Splay Area on its 100%-owned Golden Sky Project in Wawa, Ontario. The Eagle Ri...