Centamin announces the results of its maiden drill programme on the Company's Eastern Desert Exploration landholding in Egypt and provides an update on the anticipated exploration programme for 2024. The Company's EDX blocks comprise 3,000km2 of greenfield exploration tenements within Egypt's Nubian Shield - a highly prospective geological belt which has not been explored using modern exploration methods. MARTIN HORGAN, CEO, commented: "Through the application of our systematic approach to assessing the geological potential of our Egyptian exploration portfolio, our team has delivered an encouraging set of maiden drill results across several targets within the Nugrus block, which is adjacent to our operating mine, the Sukari Gold Mine. Supported by a pending new mining regulatory and fisca...

Alcoa Corp. today announced it plans to fully curtail production in 2024 at its Kwinana Alumina Refinery in Western Australia, with the process beginning in the second quarter. The Kwinana refinery has an annual nameplate production capacity of 2.2 million metric tons. The refinery has been operating at approximately 80 percent of its nameplate capacity since January of 2023. Matt Reed, Alcoa's Executive Vice President and Chief Operations Officer, said the determination to curtail the 60-year-old facility is based on a variety of factors, including its age, scale, operating costs and current bauxite grades, in addition to current market conditions. "Today's curtailment decision comes only after thorough and careful deliberation, and we acknowledge that this action will impact...

NGEx Minerals Ltd. is pleased to report the first set of drill results from the current program at the Lunahuasi Project located in the Vicuña District in San Juan Province, Argentina. View PDF Highlights Drillhole DPDH009 intersected 62.0m at 6.98% copper equivalent from 144.0m, including: 26.1m at 13.36% CuEq from 168.9m 4.5m at 18.37% CuEq from 171.8m 6.5m at 26.00% CuEq from 188.5m The intercepts above are included within a broader interval of 128.3m at 4.01% CuEq from 144.0m Estimated true widths of the intersections are shown in Table 1 below Hole completed to a depth of 582.0m and all assays complete. Drillhole DPDH010 intersected 62.6m at 5.84% CuEq from 226.0m, including: 9.4m at 12.10% CuEq from 232.0m 4.2m at 19.70% CuEq from 282.2m The intercepts above are include...

Canada Silver Cobalt Works approval. The name change is expected to be effective in the coming days, pursuant to filing Articles of Amendment and the acceptance of the Exchange. The Company will issue a further news release announcing the new CUSIP number, new trading symbol and effective date when the Company will trade under the new name and symbol. About Canada Silver Cobalt Works Inc. Canada Silver Cobalt Works Inc. recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. The Company has completed a 60,000 m drill program aimed at expanding the size ...

SSR Mining Inc. is pleased to announce the appointment of Mr. Daniel Malchuk to its Board of Directors . Mr. Malchuk brings over 30 years of strategic, operational and financial experience in the natural resource industry to the Board. He currently serves as Senior Advisor with Appian Capital Advisory and as Chairman of Jetti Resources. Mr. Malchuk had a long career with BHP, most recently serving as President Operations, Minerals Americas until his retirement in 2020. In this role, Mr. Malchuk had overall responsibility for the Minerals portfolio in the Americas, including copper mines in Chile, joint ventures in numerous South American countries, a multibillion-dollar potash project in Canada and global copper exploration activities. Previously, Mr. Malchuk held various leade...

NeoTerrex Minerals is pleased to announce that further to its press releases of December 22, 2023, the Company has received final approval from the TSXV in respect of its previously announced qualifying transaction. The Final Exchange Bulletin of the TSXV in respect of the Transaction was published on January 5, 2024. Trading of the common shares of the Company will resume effective at the market open on January 9, 2024 under the symbol "NTX". Complete details of the terms of the Transaction are set out in the filing statement, which can be viewed under the company's profile. Readers are encouraged to review the filing statement for

Meryllion Resources Corp. , is pleased to announce that it has closed its previously announced non-brokered private placement . Pursuant to the Private Placement, the Corporation issued a total of 8,011,625 units of the Corporation at a price of $0.04 per Unit for gross proceeds of $320,465. Each Unit consists of one common share of the corporation and one common share purchase warrant . Each Warrant entitles the holder thereof to acquire an additional Common Share at an exercise price of $0.07 per share for a period of 24 months. The Corporation paid a finder's fee of $896 to an eligible finder assisting with the Private Placement and issued 22,400 finder's warrants to such finder, each finder's warrant entitling the holder thereof to acquire a Common Share at an exercise pr...

Eric Sprott announces that, today, he exercised 2,000,000 common share purchase warrants of Trigon Metals Inc., at $0.20 per common share for aggregate consideration of $400,000. In addition, 4,666,666 Warrants expired unexercised. The partial exercise of such Warrants and expiry represent a decrease in holdings of approximately 6.0% of the outstanding Shares on a partially diluted basis since the date of the last early warning report. Prior to the exercise of these Warrants, Mr. Sprott beneficially owned 31,048,332 Shares and 10,024,166 Warrants representing approximately 15.5% of the outstanding Shares on a non-diluted basis and approximately 19.6% on a partially diluted basis assuming the exercise of such Warrants. As a result of the partial Warrant exercise, Mr. Sprott no...

Osisko Gold Royalties is pleased to provide an update on its fourth quarter 2023 deliveries, revenues and cash margin, as well as on its cash and debt positions as of December 31st, 2023. All monetary amounts included in this report are expressed in Canadian dollars, unless otherwise noted. PRELIMINARY Q4 2023 RESULTS Osisko earned 23,275 attributable gold equivalent ounces1 in the fourth quarter of 2023, for a total of 94,323 GEOs in 2023, representing record annual deliveries for the Corporation. Osisko's year-over-year GEOs earned increased by 6% in 2023 but fell slightly short of the low end of the 2023 guidance range of 95,000-105,000 GEOs. Osisko recorded preliminary revenues from royalties and streams of $65.2 million during the fourth q...

Sandstorm Gold Ltd. is pleased to report the sales and revenue figures for the fourth quarter and year ended Dec 31, 2023. Annual Results The Company sold approximately 97,200 attributable gold equivalent ounces1 and realized preliminary revenue2 of $179.6 million for the full 2023 year, both representing a record for the Company. The Company had preliminary total sales, royalties, and income from other interests1 of $191.5 million for the full year 2023, a record for the Company . Preliminary cost of sales, excluding depletion2 for the full 2023 year was $21.7 million resulting in cash operating margins1 of approximately $1,706 per attributable gold equivalent ounce1 . Fourth Quarter Results During the three months ended December 31, 2023, the ...

Reflex Advanced Materials Corp. is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement financing for aggregate gross proceeds of CAD$575,000. Pursuant to the Private Placement, the Company issued 5,750,000 units at a price of CAD$0.10 per Unit. Each Unit consists of one common share and one common share purchase warrant . Each Warrant is exercisable into one Share at an exercise price of CAD$0.15 until January 4, 2026. The Company intends to use the net proceeds raised from the Private Placement to undertake advanced exploration and development activities on the Ruby Graphite Project and for general working capital. All securities issuable in connection with the Private Placement are subject to a statutory hold per...

Hecla Mining Company announced today that representatives of the Company will present and participate at multiple investor conferences. 2024 Future Minerals Forum Russell D. Lawlar, Senior Vice President and Chief Financial Officer, will participate in the 2024 Future Minerals Forum in Riyadh, Saudi Arabia from January 10 to January 11, 2024. CIBC Western Institutional Investor Conference Phillips S. Baker, Jr., President and Chief Executive Officer, will participate in a fireside chat at the 27th Annual CIBC Western Institutional Investor Conference in Whistler, British Columbia on Thursday, January 18, 2024, at 8:00 a.m. Pacific Time. TD Cowen Global Mining Conference Anvita Mishra Patil, Vice President - Investor Relations and Treasurer, will participate in a fireside chat a...

Highlights: Three holes, totaling 1,430 metres, will test extensions of the adjacent Delta 1 Project mineralization and new target areas. Hole GLD-23-001 is a vertical hole designed to test the north dipping mineralization from the adjacent Delta 1 property. Hole GLD-23-002 will test a geophysical target at the south end of the Goldie property. Hole GLD-23-003 will test an area of previous drilling and high-grade sampling that correlates with interpreted structures and geophysics anomalies. Orecap Invest Corp. is pleased to announce that Mistango River Resourecs , an Orecap portfolio company in which it owns 24,708,975 million shares has commenced its Goldie Drill Program. The program will be three holes, totaling 1,430 metres, will test extensions of the adjacent Delta 1 Pro...