Stakeholder Gold Corp. is pleased to announce the closing of a non-brokered private placement financing , raising gross proceeds of $1,400,000 CAD through the issuance of 1,400,000 Units at $1.00 per Unit. Each Unit consists of one common share priced at $1.00 per Common Share, and one half of one common share purchase warrant . Each whole Warrant entitles the holder to purchase one additional Common Share at $1.50 for a period of two years from the closing of the Private Placement. Each whole Warrant has an early exercise provision that allows the Company to trigger exercise of the Warrant when the 10-day average price of Common Shares traded on the TSX Venture Exchange exceeds $3.00 per share. Thirty days after the trigger date, any unexercised Warrants will be deemed to be...

Foremost Lithium Resource & Technology Ltd. , a North American hard-rock lithium exploration company, is pleased to announce today its drilling plans on its Zoro Lithium Property located near the historic mining centre of Snow Lake in Manitoba. The Company is completing plans in preparation of 30-hole, 7,500-metre diamond drill winter program including submitting work permits at the Manitoba Mines Branch. The drill program on the Zoro Property will be in addition to the Company's recently announced 2,500 metre diamond drill program on its Jean Lake Lithium/Gold Property located in the same mining centre. Drilling on both properties will total 10,000 metres. Foremost Lithium's Zoro and Jean Lake Properties share contiguous borders with Snow Lake Lithium's Thompson Brothers and...

Not for distribution to United States Newswire Services or for dissemination in the United States Timberline Resources Corp. announces that, subject to regulatory approval, it has closed the previously announced non-brokered private placement offering of units of the Company . In this over-subscribed Offering, the Company issued 15,750,000 Units at a price of US$0.04 per Unit for total gross proceeds of US$630,000. The Offering was led by an order from Crescat Capital in the amount of US$100,000. Crescat is a global macro asset management firm headquartered in Denver, CO. Proceeds of the Offering will be used by the Company for exploration and permitting related expenditures at its Eureka Project, and for general corporate working capital. Each Unit constitutes one share of co...

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...