QMC Quantum Minerals Corp., praises the Canadian Government's new Electric Vehicle Availability Standard announced on December 19. The EV mandate revealed by Honourable Steven Guilbeault, Minister of Environment and Climate Change, will gradually increase the number of zero-emission vehicles until they account for 100% of new car sales in 2035, thereby eliminating the sale of conventional internal combustion vehicles in Canada. The Canadian Federal Government will also invest $1.2 billion to build 84,500 chargers across the country by 2029, expanding the infrastructure. Automotive and battery manufacturers, such as Northvolt, Volkswagen and Stellantis, have already invested more than $34 billion toward establishing a battery supply chain in Canada. With the need to supply lit...

Nexus Uranium is pleased to announce the receipt of permits and plans for an upcoming exploration drill program at its Wray Mesa uranium project in Utah. The permits were issued by the State of Utah Department of Natural Resources Division of Oil, Gas and Mining covering the Ajax and Dylan areas for the drilling of up to 50 holes. "We are excited to move quickly and expedite our inaugural drill program on the Wray Mesa project," commented Jeremy Poirier, CEO of Nexus Uranium Corp. "The initial permit allows for a great degree of flexibility, given the scope of the permits, which allows us to expand or modify our initial drill program based on results." The initial Phase 1 drill program is planned for a total of up to 10 holes over the project area, with a focus on both confirming high-grade historical drill results in addition to extending the known zones of mineralization. The drill program will utilize diamond core drilling for intersecting the mineralized zones which will provide valuable insights on geology, stratigraphy, and orientation as well as allowing for the investigation of the potential for vanadium mineralization which was previously untested

7.7% increase to the Measured & Indicated tonnage, including a significant increase in zinc, silver, gold, and copper. 15.1% increase in the Inferred tonnage, including a 14% increase in zinc and silver. The DMEA Zone extended an additional 250 feet. Thunder Mountain Gold Inc. is pleased to report a newly filed NI 43-101 Mineral Resource Estimate incorporating results from surface diamond drilling program conducting in 2021 at the South Mountain Project in southwestern Idaho, U.S.A. The updated 43-101 MRE includes an increased resource for the Project while maintaining the high-grade mineralization. The updated Independent 43-101 MRE, which has an effective date of October 16, 2023, was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral...

Silver North Resources is pleased to report that it has amended its agreement with Coeur Explorations Canada, that grants Coeur an option on the Tim Property. The amendment paves the way forward for Coeur to undertake drilling at Tim in 2024, which will target identifying silver-zinc-lead mineralization that management believes may be similar to that found at Coeur's Silvertip project, 19 km to the south of the Tim Property. The amendment to the agreement adjusts the work commitments required by Coeur to earn a 51% interest in the Tim Property to account for delays in receiving a Class 3 Land Use Permit. As such, the total commitments remain the same, but the expenditure schedule is adjusted to the...

Westward Gold is pleased to reflect upon an eventful 2023 calendar year, and provide investors with a preliminary outlook for 2024. The Company made significant strides in growing and advancing its portfolio of highly-prospective gold exploration assets in Nevada, and will look to build upon its strong foundation in the near future. Colin Moore, Westward President & CEO, noted: "2023 was a transformational year for the Company, and despite a challenging capital markets environment for gold explorers, we remained committed to our growth strategy. We secured a new foothold along the Carlin Trend, while continuing to move quickly towards full ownership of our consolidated properties on the Cortez Trend. We significantly advanced our unders...

AJN Resources Inc. is pleased to announce that the Company has received all approvals to commence work on its PR 15282 and PR 15383 . MB Exploration SARL have commenced with mobilization of their crews and the drill rig to Manono where drilling is expected to commence on PR 15282 before year end. Figure 1: Planned Drill Fences and Results from Channel and Grab Samples on PR 15282 and the Interpreted Extension of the Manono Pegmatites onto the Project Area. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5922/191964_a3b269e1f4273955_001full.jpg CEO and President Klaus Eckhof commented: "We are extremely excited about reaching this very important milestone to commence drilling on this highly prospective property which has excelle...

Basin Uranium Corp. is pleased to announce that partner company, Nexus Uranium Corp. has provided an update on the receipt of permits and its exploration plans at the Wray Mesa project in Utah. The permits were issued by the State of Utah Department of Natural Resources Division of Oil, Gas and Mining covering the Ajax and Dylan areas for the drilling of up to 50 holes. Under the terms of the option agreement, Nexus will contribute cash, share and exploration expenditure consideration totaling over $4,700,000 CAD during the Option Agreement period to acquire up to a 90%-interest in the Project. "We are excited to see our partner, Nexus Uranium, quickly advance this project to drilling early next year," commented Mike Blady, CEO of Basin Uranium. "Given the backdrop of surging...

Nicola Mining Inc. announces the completion of its 2023 drilling exploration program at the New Craigmont Copper Project , a wholly owned venture located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open pit copper mine. The Company initiated the 2023 Program on June 6, 2023, drilling six diamond holes totaling 2,684 metres on Mineral Lease 237643, adjacent to the historic Craigmont Copper Mine . The 2023 Program aimed to explore the potential of a southeastern extension of the historic Craigmont skarn ore body and to investigate the potential of a porphyry copper system. Figure 1. Mineral tenure map of the New Craigmont Project. To view an enhanced version of this graphic, please visit: https://images.newsfile...

Management of Sirios Resources Inc. is pleased to announce the signing of an option agreement on the Maskwa property located in Eeyou Istchee James Bay in Quebec, with Hertz Lithium Inc. . Pursuant to the agreement, Sirios has agreed to grant Hertz the option to acquire up to a 100% interest in the lithium/gold property, following an investment totaling $2.55M as described below. If the option is completed, Sirios will retain a 1.5% NSR royalty. In addition, Sirios will keep the right to buy back 100% of the mining rights on the non-critical minerals, which comprise among other metals, gold, silver and PGE and tungsten, by paying back to Hertz its incurred exploration expenditures capped to a maximum of $2M. Pursuant to the agreement, Hertz can earn 100 percent interest in Ma...

Lomiko Metals Inc. is pleased to announce that on December 20, 2023, shareholders approved all of the resolutions put forth at the Annual and Special Meeting of Shareholders. The number of Directors was set at five and each of the following individuals was re-elected as directors of the Company: Belinda Labatte, Eric Levy, Sagiv Shiv, Dominique Dionne and Lee Arden Lewis. Paul Gill, who has been a director of the Corporation since 2006, did not stand for re-election. The Company thanks Mr. Paul Gill for his long-standing commitment to Lomiko and support of this team and its vision as a responsible developer of choice in Quebec, Canada. In addition, subsequent to the meeting, the Board of Directors appointed Belinda Labatte as interim Chair, Sagiv Shiv as Lead Independent Dire...

HIGHLIGHTS Over 10,500 m combined aircore and reverse circulation drilling completed by De Grey Mining at the Becher project, which forms part of the Egina earn-in/Joint Venture. At Becher, 271 infill AC holes were drilled for 7,536 m in Q4 2023. RC drill program is ongoing, with the first 29 drill holes for 4,154 m completed. Final assays are anticipated in Q1 2024. Maiden drill program at the exciting Nunyerry North project delivered positive results in shallow RC drilling. Additional work across the greater Nunyerry area has generated several new priority targets for drilling in 2024. Numerous prospects across the southern Egina Gold Camp and Balla Gold Project identified, with follow-up work planned in 2024. Initial two diamond drill holes from ongoing six-hole 2,300 m program complete...

LithiumBank Resources Corp. is pleased to announce it has entered into an option agreement dated December 20, 2023 pursuant to which the Company has granted the optionee the option to purchase one or more of the Company's three lithium brine projects, Estevan, South and Kindersley located in Saskatchewan, Canada . Concurrently with entering into the Option Agreement, the optionee has paid to the Company a non-refundable deposit of $8 million. The optionee may exercise one or more of the Options by paying the applicable purchase price as set out in the option agreement, less the deposit, to the Company at any time until March 31, 2024, upon which time the Options shall automatically terminate. "LithiumBank's objective is to maximize shareholder value and to lay the foundation ...

Power Metals Corp. is pleased to complete its 2023 field exploration activities and is preparing to initiate an exploration drill program at its 100% owned Case Lake Property in northeastern Ontario. Power Metals has been able to finalize key exploration activities that include completion of high resolution airborne surveys, compilation and interpretation of historic and recent exploration data, and the execution of a field exploration program that has identified new spodumene bearing pegmatites in the property . In addition, the Company was able to initiate metallurgical test work in collaboration with SGS Canada on Lithium - Tantalum - Cesium pegmatite samples from the Main, North, and West Joe dikes at Case Lake . The company is pleased to announce that it has successfully...