December 28, 2023 - Timmins, Ontario. Melkior Resources Inc. is pleased to announce that, subject to the final approval of the TSX Venture Exchange , the Company has closed its non-brokered private placement of $466,360 through the issuance of 2,914,750 flow-through units at $0.16 per FT Unit . Each Unit consists of one flow-through common share of the Company and one-half of a common share purchase warrant . Each whole Warrant entitles the holder thereof to acquire one additional common share of the Company at a price of $0.25 per Warrant Share until December 22, 2025. Each FT Unit was issued as a "flow-through share" as defined in subsection 66 of the Income Tax Act and as defined in section 359.1 of the Quebec Tax Act with respect to purchasers in Quebec. Proceeds of the P...

Kraken Energy Corp. is pleased to report that the Company has received approval to resume their Phase I drill program at the Harts Point Uranium Property in Southern Utah. With a revised and approved exploration permit, the Company will drill the property from two pad locations over a 5 km strike length targeting the favorable uranium bearing Chinle Formation host rock where three historical oil and gas wells returned "off-scale" radioactivity. Upon favorable results, the Company intends to continue the drill program to further evaluate the mineralized trend. As a result of this development, management has made the strategic decision to reallocate resources from drilling at the Apex Uranium Property to the resumption of drilling at Harts Point. CEO Matthew Schwab stated: "We ...

Osisko Mining Inc. today announces that the Toronto Stock Exchange has approved the Corporation's notice of intention to make a normal course issuer bid . Under the terms of the NCIB Program, Osisko may acquire up to 36,465,404 of its common shares from time to time in accordance with the normal course issuer bid procedures of the TSX. The normal course issuer bid will be conducted through the facilities of the TSX or alternative trading systems, if eligible, and will conform to their regulations. Purchases under the normal course issuer bid will be made by means of open market transactions or such other means as a securities regulatory authority may permit, including pre-arranged crosses, exempt offers and private agreements under an issuer bid exemption order issued by a se...

Morien Resources Corp. , announced today that the Nova Scotia Department of Labour, Skills and Immigration , a provincial regulator for the Donkin Mine , upon which Morien has a 2% to 4% royalty interest, has lifted the Mine's Stop Work Order . The SWO was in effect since July 15, 2023. According to LSI, Kameron Collieries , owner and operator of the Donkin Mine, has met the Phase 1 requirements to lift the SWO, specifically: updating the Mine's hazard assessment classification system; and adding further monitoring measures in the Mine's access tunnel. A return to production is not expected to be imminent and will be contingent in part on satisfying the remaining Phase 2 conditions as outlined by LSI as well as other regulatory processes that ensure long-term, stable producti...

Nevada King Gold Corp. is pleased to review the significant advancements at its 100%-owned Atlanta Gold Mine Project achieved during its 2023 exploration campaign. The 2023 drilling program both advanced resource definition drilling in established zones and leveraged off new geologic modeling to discover several significant new high-grade zones. 2023 Corporate Highlights: Drilled seven diamond drill holes and 202 reverse circulation holes at Atlanta accounting for over 50,000 metres during the 2023 calendar year. Over 30,000m from 109 drill holes are currently pending assay and release. Solidified its strategic land holdings in the Atlanta district by staking an additional 469 claims to fully surround and build a geological buffer around the Atlanta caldera. Raised $16.25-mil...

Trading Symbol: TSX: SVM NYSE American: SVM Silvercorp Metals Inc. is pleased to announce the hiring of Mr. Kevin Moxham as General Manager of Tanzania Projects effective January 1, 2024. Reporting to the CEO and the President, Mr. Moxham's main responsibility will be to lead the construction and commissioning of the Nyanzaga Gold Project, along with related infrastructure, in Tanzania, once Silvercorp has assumed effective control of the project. Prior to joining Silvercorp, Mr. Moxham most recently served as Executive General Manager of the Khoemacau Copper Mine in Botswana where he was instrumental in facilitating its sale to MMG Limited for approximately US$2 billion in November 2023. Mr. Moxham led Khoemacau's mine development efforts from 2017, that culminated in the com...

Fireweed Metals Corp. is pleased to provide a review of its record-setting 2023 accomplishments in building the Company and advancing its critical metals projects in northern Canada. CEO and Chairman Statement Brandon Macdonald, CEO, stated "2023 has been another extraordinary and record-breaking year for Fireweed. The accomplishments are numerous, from drilling our best-ever drill hole at Macpass to completing the field season safely with zero lost time injuries. We have done this while demonstrating that prioritizing economic benefit for and respectful engagement with local indigenous communities not only requires no compromise for the Company but also helps maximize our own outcomes." John Robins, Chairman, stated "We continue to demonstrate the enormous scale of mineraliz...

Revival Gold Inc. is pleased to provide a review of key accomplishments this year to advance the Company's Beartrack-Arnett Gold Project located in Idaho, USA. Highlights Increased Measured and Indicated Mineral Resources to 86.2 million tonnes grading 0.87 g/t gold containing 2.42 million ounces of gold1 and Inferred Mineral Resources to 50.7 million tonnes grading 1.34 g/t gold containing 2.19 million ounces of gold1. Notably, Open pit heap leach Measured and Indicated Resources increased to 42.3 million tonnes grading 0.70 g/t gold containing 959,000 ounces of gold1 with additional Inferred Resources of 6.3 million tonnes grading 0.53 g/t gold containing 108,000 ounces of gold1; and, Underground mill Inferred Resources increased to 6.7 million tonnes grading 4.0 g/t gold c...

Rome Resources Ltd. is pleased to announce that, pursuant to the heads of terms between the Company and Pathfinder Minerals Plc announced on November 29, 2023, Rome has entered into a loan agreement dated December 21, 2023 with Pathfinder, which provides for Pathfinder to lend up to $2,500,000 to Rome pursuant to two drawdowns, subject to satisfaction of certain conditions set out in the Loan Agreement. The Loan Agreement provides for the grant of loan bonuses to Pathfinder whereby 2,000,000 share purchase warrants will be issued to Pathfinder in connection with the first drawdown of $500,000 and an additional 8,000,000 Warrants will be issued to Pathfinder in connection with the second drawdown of $2,000,000. Each Warrant will be exercisable to purchase one common share in t...

Northisle Copper and Gold Inc. proudly announces the release of its inaugural Sustainability Report. Northisle is currently focused on the exploration and development of the North Island Project on northern Vancouver Island, British Columbia. The report underscores Northisle's vision to be Canada's leading sustainable resource company for the future and is a testament to Northisle's commitment to deliver enduring value to all partners and stakeholders by sustainability developing high-quality natural resource assets. With a focus on responsible practices and measurable outcomes, the Company is committed to responsibly developing the North Island Project while upholding the highest standards of health, safety, environmental protection, and social responsibility. "Our inaugural Sustainabilit...

Goldshore Resources Inc. , is pleased to share a corporate update in regards to its ongoing activities. Corporate Update Highlights: The Company is completing a Mineral Resource Estimate update and expects the results of the study to be completed in January 2024. Goldshore continues to work with its metallurgical consultants on test work for heap leaching the low-grade material from the Moss Gold deposit, using various composites of ore size and grade. The result of the heap leach testing should be completed by the end of H1 2024. Once the new model, MRE and metallurgical testing are completed, the Company will commence Phase Two of the preliminary economic assessment , in scoping a project that deliver optimum economic results, appreciating the market's discontent for large ...

Paramount Gold Nevada Corp. announced today that it has closed the previously announced $15 million financing with Sprott Resource and Streaming Royalty Corp. , through the issuance of a non-dilutive Secured Royalty Convertible Note . The proceeds of the financing will be used to fund the continued permitting of the proposed Grassy Mountain Gold Mine in eastern Oregon, for general corporate purposes and for the repayment of the company's outstanding debt. Paramount CEO, Rachel Goldman commented, "With the receipt of the Notice to Proceed from the State of Oregon, the Grassy permitting process has taken on greater certainty and this financing will allow us to fund our activities through to the receipt of final permits. Sprott Streaming is an ideal financial partner, a flexible...

Frontier Lithium Inc. , is pleased to release the results of a Summer 2023 regional prospecting and channel sampling program at Pennock, located 22 km northwest of the Spark Deposit. The spodumene-bearing Pennock Pegmatite is a 1.5 km long pegmatitic dyke trend that was first channeled in 2019 with 16m averaging 1.96% Li2O. Highlights Channel 56: 700m east southeast of the main blowout along the Pennock dyke system, crossed 3.0m of pegmatite averaging 1.8% Li2O. Channel 55: 55m to the east of Channel 56, crossed 5.8m averaging 1.0% Li2O. "This was our first opportunity to validate the spodumene-bearing Pennock dyke beyond the "blowout" area with continuous channeling across the dykes. They tend to be extensive, continuous and contain high grades of lithium oxide" says Garth Dr...