Nuclear Fuels Inc. today announced that it has entered into an agreement with PI Financial Corp., as sole bookrunner, along with PowerOne Capital Markets Limited as co-leads, pursuant to which the Underwriters have agreed to purchase, on "bought deal" basis by way of private placement, 8,333,334 units of the Company at a price of C$0.60 per Unit for gross proceeds of approximately C$5 million . Each Unit shall consist of one common share and one half of one transferable common share purchase warrant . Each Warrant shall be exercisable into one additional common share of the Company for 36 months from the closing date at an exercise price of C$0.80. The Company has also granted the Underwriters an option to cover over-allotments , which will allow the Underwriters to offer up ...

Orford Mining is pleased to announce that it has identified 12 new exploration targets for lithium, cesium, and tantalum bearing pegmatites on its Nunavik lithium properties based on newly reported glacial till geochemistry results. These results also generated two potential exploration targets within the properties for gold. Till sampling as a geochemical targeting tool has been successful in generating successful exploration targets and making discoveries in the Nunavik region of Northern Quebec and globally. Results from the 2023 till sampling program have confirmed the prospectivity of the area with the identification of 12 new target areas that are anomalous in lithium, cesium, and tantalum on the Nunavik lithium properties, which are 100% owned by Orford and have ...

15,835 m drilling program completed on Muntanga and Dibbwi East deposits Infill drilling designed to upgrade mineral resources from inferred into indicated Technical work on track to complete Feasibility Study and ESIA in 2024 with a goal to start uranium production within two years of securing financing GoviEx Uranium Inc. is pleased to announce that it has concluded an extensive drilling program in support of its ongoing feasibility study at its wholly owned, mine permitted Muntanga Uranium Project in Zambia. This field work was conducted following a successful drilling program in 2022, which resulted in an updated increased mineral resource estimate 1 reported on July 17, 2023. In the second half of 2023, the Company conducted a total of 15,835 metres of infill drilling, c...

Suncor today provided an operational update for the fourth quarter of 2023, highlighting upstream production of 808,000 barrels per day , the second highest quarter in the Company's history. The strong fourth quarter performance results in an annual average upstream production of 746,000 bbls/d, in line with Suncor's corporate guidance provided in November 2022. "I am very proud of the Suncor team for ensuring we delivered on our commitments. Not only did we meet the annual production guidance set a year ago, but December was also Suncor's best month ever with upstream production averaging over 900,000 bbls/d," said Rich Kruger, President and Chief Executive Officer. "This is a tangible example that when we set a commitment, we will be laser focused on meeting it." Suncor's net synthetic ...

EMX Royalty Corp. is pleased to announce the execution of an option agreement for EMX's Sagvoll and Meråker projects in Norway with Lumira Energy Ltd. , a private Australian Company. The agreement provides EMX with 2.5% Net Smelter Return royalty interests, cash and equity payments, work commitments and other considerations. EMX has recently executed another agreement with Lumira for EMX's Copperhole Creek project in Queensland Australia . In conjunction with these transactions, Lumira Energy intends to establish a public listing on the Australian Securities Exchange in mid-year 2024 via an Initial Public Offering . The polymetallic Sagvoll and Meråker projects in Norway are positioned along a prolific metallogenic belt in Norway that includes the historic Røros volcanogenic ...

40% increase from last year Soma Gold Corp. is pleased to announce 2023 AuEq production of 32,340 ounces at its el Bagre Gold Complex. The Company achieved 96.5% of the 2023 forecasted production of 33,500 AuEq ounces, a 40% increase over the previous year's production. The deviation from anticipated production levels was due to two unscheduled and temporary suspensions during the year. The first, a two-week suspension in March 2023, was a result of labor unrest in the region. The second, in Q4, was due to a maintenance issue with the primary ball mill at the el Bagre Gold Complex. Following a routine inspection, excessive wear was identified, prompting a temporary repair. When operations resumed, the mill was run at a slightly reduced rate. The shutdown also caused a tempora...

Metal Energy Corp. is pleased to provide a detailed update for the Company's inaugural drill program at the SourceRock lithium brine project near Thunder Bay, Ontario, scheduled to begin in early January. For an in-depth perspective on SourceRock and our plans, please watch this video from CEO James Sykes: SourceRock's Drill Program Update "We are excited to start our first drill program exploring for lithium brines on SourceRock in the coming days. If our thesis is correct, SourceRock could be a significant project of merit in the global lithium supply chain. SourceRock is hosted within an ancient sedimentary basin with all the criteria for discovering Ontario's first lithium brines. Historic drilling on the Project from multiple companies exploring for commodities other tha...

Lancaster Resources Inc. announces entry into a Spin-Off Agreement with Lancaster's wholly owned subsidiary Nelson Lake Copper Corp. to spin off a majority of its interest in Nelson Lake Copper to Lancaster Resources shareholders. Incorporated on December 15, 2023, and extra-provincially registered in Saskatchewan, Nelson Lake has a 100% interest in the Nelson Lake Copper property. The Nelson Lake Copper property is adjacent to notable copper exploration projects, such as Cosa Resources Heron Property and Rio Tinto's Janice Lake.

Elevation Gold Mining Corp. announces that under the terms of the convertible debentures issued under the convertible debenture indenture dated July 31, 2020 between the Company and Computershare Trust Company of Canada, it has elected to satisfy its obligation to pay an aggregate of C$169,129 in interest accrued on the C$6.71 million convertible debentures by issuing to such debenture holders on the interest payment date of December 31, 2023 an aggregate of 1,610,750 common shares. The Company will pay to each such debenture holder approximately 24.01 common shares per $100 principal amount of debentures held as at the applicable interest payment record date. Under the terms of the Indenture, no fractional common shares will be delivered upon payment of the interest obligati...

EcoGraf Ltd. is pleased to report that it has successfully completed all the fieldwork aspects of the pre-development technical programs for its Epanko Graphite Project. The programs are a key part of preparations for development of Epanko next year, with the Company also recently mandating KfW IPEX-Bank to obtain import credit cover from the Federal Republic of Germany and to arrange a senior debt facility of up to US$105 million for Development of Epanko 29 November 2023). Key Highlights: Land delineation, preliminary asset valuation and socio-economic surveys completed for the updated Resettlement Action Plan A total of 1,835m of diamond drill...

Stillwater Critical Minerals is pleased to provide an update on upcoming promotional activities including core displays at major trade shows. The Company also announces it has applied for TSX-V approval to extend the expiry date of certain warrants by six months. All core from 2023 resource expansion drilling completed at the Stillwater West Ni-PGE-Cu-Co+Au project in Montana, as summarized in a news release December 5, 2023, is now in process at the assay lab with results pending. Upcoming Events Stillwater Critical Minerals confirms that senior executives including Michael Rowley, President and CEO, and Dr. Danie Grobler, Vice-President of Exploration, will attend the following upcoming trade shows: Vancouver Resource Investment Conference January 21 - 22. For more information, click her...

Ximen Mining Corp. is pleased to announce that it has closed the non-brokered private placement originally announced on December 15, 2023 by issuing 2,500,000 flow through units at a price of $0.20 for gross proceeds of $500,000. Each Flow-Through unit consists of one common share that qualifies as a "flow-through share" as defined in subsection 66 of the Income Tax Act and one-half common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional non-flow through common share at the price of $0.25 for 36 months after closing. The net proceeds from the Offering will be used by the Company for exploration expenses on the Company's British Columbia mineral properties. The Company paid a cash commission of $16,000 and issued 80,000 finders warr...

A Senior Member of the Escondida Discovery Team Will Serve as Chair of the Company's Technical Committee Pershing Resources Company Inc., , is pleased to announce that Patrick J Burns has joined the Company's Board of Directors, as an independent director effective immediately. Mr. Burns joins the Board from the Company's Advisory Board. His move from outside advisor to Board Member follows a recent onsite visit to the Company's New Enterprise copper porphyry property and a technical review of the work done so far on the New Enterprise and related properties in Northern Arizona. He will also serve as Chair of the Technical Committee. Mr. Burns is a Canadian geologist with over 40 years of experience throughout the Caribbean, Central and South America, and was directly involve...