Major Drilling Group International Inc. , a leading provider of specialized drilling services to the mining sector, today reported results for the second quarter of fiscal 2025, ended October 31, 2024. Quarterly Highlights: Revenue of $189.3 million, in line with the $190.0 million generated in fiscal Q1, but down 8.6% from $207.0 million in the same period last year. Adjusted gross margin of 30.5%, consistent with the 31.0% achieved in the same period last year as the Company remained focused on higher-margin specialized drilling. EBITDA of $38.7 million, down from $43.6 million in the same period last year. Net earnings of $18.2 million , down from $23.7 million in the same period last year. Net cash increased by $23.5 million to $100.4 million, enabling the Company to reac...

White Gold Corp. is pleased to announce a non-brokered private placement for gross proceeds of $4,500,000 consisting of the sale of a combination of : common shares in the capital of the Company that qualify as "flow-through shares" within the meaning of the Income Tax Act at a price of C$0.26 per share ; FT Shares that will also qualify for the federal 30% Critical Mineral Exploration Tax Credit at a price of $0.27 per share ; and Common Shares a price of C$0.22 per share . "We are very appreciative for the continued support for our exciting and impactful exploration activities to advance our significant gold deposit which is now one of the highest-grade open pit gold resources in Canada of such significant size owned by an exploration company, and other recent high-grade go...

79 Resources provides an update to its shareholders regarding the potential impact of an ongoing labour strike by the Canadian Union of Postal Workers on the Corporation's ability to adhere with its obligations to deliver its meeting materials to shareholders in connection to its upcoming annual general meeting of shareholders scheduled to be held on December 20, 2024 at 11:00 am P.S.T. at the offices of 1890 - 1075 West Georgia Street, Vancouver, BC V6E 3C9. As a result of the Strike, the Corporation has satisfied all the conditions outlined in NI 51-931 - Temporary Exemption from requirements in National Instrument 51-102 Continuous Disclosure Requirements and National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issue...

Battery Mineral Resources Corp. is pleased to announce that the Company has received a C$3,050,000 cash payment in connection with the closing of the previously announced royalty sale to Electric Royalties Ltd. , whereby Minera BMR SpA, the Company's wholly-owned Chilean subsidiary, has granted a 0.75% Gross Revenue Royalty on its producing Punitaqui copper mine in Chile in exchange for total cash consideration of C$3,500,000. The remaining C$450,000 is payable to Minera BMR SpA within 45 days of closing. See press release dated November 25th, 2024 for complete details of the royalty transaction. Martin Kostuik, Chief Executive Officer, stated, "BMR is very pleased and encouraged to work with Electric Royalties and would like to thank both teams for bringing thi...

Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today released its operations update for November 2024. "We achieved net increases in deployed self-mining hashrate and efficiency in November by bringing inefficient miners offline in preparation for our initial fleet upgrade and completing the development of our R&D facility at Salt Creek," said Asher Genoot, CEO of Hut 8. "These measures partially offset the impact of rising network difficulty on Bitcoin production, and we expect further performance gains in Q1 2025 as our initial fleet upgrade is expected to drive an improvement in average fleet efficiency to 19.9 joules per terahash." "We remain intently focused on growing our proprietary ...

Stuhini Exploration Ltd. announces its intention to extend the expiry date of previously issued common share purchase warrants to purchase up to 2,999,999 common shares at an exercise price of $0.35 per share . The Warrants were issued in connection with a non-brokered private placement of units , each Unit comprised of one common share and one-half of one Warrant. The offering closed in two tranches on December 20, 2022, and January 13, 2023, with 1,969,091 Warrants scheduled to expire on December20, 2024, and 1,030,908 Warrants to expire on January 13, 2025, respectively. If accepted by the TSX Venture Exchange, the Company will extend the expiry date of the Warrants issued under the December 20, 2022 and January 13, 2023 tranches to December 20, 2026, and January 13, 2027,...

Antler Gold Inc. is pleased to announce a strategic amendment to its previously announced agreement with Fortress Asset Management LLC in respect of the Erongo Central Gold Project in Namibia. Under the terms of the original agreement dated September 18, 2024 , Antler granted to Fortress the right to acquire up to a 100% equity interest in the Project in three stages over a three-year period for US$5.5 million. In addition, pursuant to the terms of the Original Agreement, Fortress was also required to incur US$6.0 million of exploration expenditures on the Project. For further details, please see the Company's News Releases dated May 23, 2024, May 24, 2024, August 22, 2024, and September 18, 2024. The amending agreement dated December 5, 2024 transitions the transaction from ...

As a member of the Panguna Mine Legacy Impact Assessment Oversight Committee, Rio Tinto today welcomed the release of the PMLIA report as a critical step forward in building understanding of the long-term legacy impacts of the former mine in Bougainville. The independent report assesses the environmental impacts and directly connected social and human rights impacts caused by the Panguna mine since Bougainville Copper Ltd. ceased operations in 1989. Conducted by independent consultants Tetra Tech Coffey over the past two years, the entire PMLIA process was overseen by the Oversight Committee, which is made up of representatives from the Government of Papua New Guinea, Autonomous Bougainville Government , landowner and community representatives, BCL, Rio Tinto and ...

VAL-D'OR, QC, Dec. 5, 2024 /CNW/ - Orbit Garant Drilling Inc. subsequent to the conclusion of its Annual and Special Meeting of Shareholders held earlier today, announces the appointment of a new Chair and changes to the Company's senior management team, approved by the Company's Board of Directors. The Company reported the results of voting at the Meeting. Pierre Alexandre has decided to step down as President and Chief Executive Officer. Daniel Maheu, Chief Financial Officer of Orbit Garant, has been appointed as the Company's new President and Chief Executive Officer, and was elected as a director at the Meeting. Mr. Alexandre will remain a director of the Company and will resume his former senior management position as Executive Vice President. "When I was appointed Presi...

ExGen Resources Inc. is pleased to announce that it has entered into a binding letter of intent to acquire the Spark North lithium project in Elko County, Nevada consisting of 111 claims totaling approximately 2300 acres prospective for lithium from an arm's length private company . The property is north of Surge Battery Metals Inc.'s "Nevada North Lithium Project" in Elko County, Nevada. In a news release dated September 24, 2024, Surge Battery Metals Inc. announced that the Nevada North Lithium Project had the highest grade lithium clay deposit in the USA . The technical report for the Nevada North Lithium Project was prepared for Surge Battery Metals Inc. by authors Jeffrey D. Phinisey of TAG Resources LLC and Bruce M. Davis, independent geostatistical consul...

Oberon Uranium Corp. announces that due to the ongoing Canada Post strike , the information circular and related materials for its upcoming Annual General Meeting to be held on Wednesday, December 11, 2024, are posted under the Company's profile on www.sedarplus.ca and on the Company's website at https://www.oberonuranium.com/. Shareholders of the Company are encouraged to access the Meeting Materials directly through the above-mentioned website. While the Meeting Materials have been mailed in the normal course, due to the Postal Strike there can be no assurance that they will be delivered prior to the Meeting. Registered shareholders, shareholders who hold their shares directly in the Company and not through a brokerage account or depository company, may contact the Company ...

Results of Annual General Meeting SolGold confirms that all resolutions put to shareholders at the Annual General Meeting held on 05 December 2024 in Brisbane, Australia were passed via a poll, where the proxy votes received ahead of the meeting were combined with votes cast at the meeting. A breakdown of the poll result for each resolution put to the Meeting is set out below: Resolutions Votes for % Votes against % Withheld Ordinary Resolutions 1. STATEMENTS & REPORTS 1,402,313,953 99.13 12,342,915 0.87 1,369,162 2. DIRECTORS' REMUNERATION 1,338,115,081 94.63 75,971,678 5.37 1,933,271 3. DIRECTORS' REMUNERATION POLICY 1,383,186,465 97.81 30,924,125 2.19 1,915,440 4. RE-ELECT MR. N MATHER 1,030,421,057 72.79 385,231,997 27.21 372,976 5. RE-ELECT MS. M A A RICAURTE 1,396,613,317 98.82 16,69...

In accordance with Rule 2.9 of the Code, Condor confirms that it has in issue 204,442,778 ordinary shares of £0.001 each in the capital of the Company and admitted to trading on the AIM Market of the London Stock Exchange. The Company has no Ordinary Shares held in Treasury. The International Securities Identification Number for the Ordinary Shares is GB00B8225591. Condor also confirms that there are 5,803,570 transferable three-year warrants to subscribe for 5,803,570 Ordinary Shares. These warrants are exercisable at a price of 35 pence per ordinary share and have a final exercise date of 17 June 2025. Enquiries: Condor Gold plc Mark Child, CEO Tel: +44 207 493 2784 Beaumont Cornish Limited Nominated Adviser Tel: +44 207 628 3396 Roland Cornish / James Biddle SP Angel Corpo...