Minera Alamos Inc. is pleased to announce the closing of its previously announced "bought deal" private placement, with National Bank Financial Inc. as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters , pursuant to which the Underwriters purchased 28,333,000 common shares of the Company at a price of C$0.30 per Common Share, with a right to arrange for substituted purchasers, pursuant to the listed issuer financing exemption , for aggregate gross proceeds to the Company of C$8,499,900 . The Offering was made pursuant to the LIFE available under National Instrument 45-106 - Prospectus Exemptions, in each of the provinces of Canada, other than Québec. The Common Shares were also offered and sold in certain offshore jurisdictions pursuant to availabl...

ST. JOHN'S, NL / ACCESSWIRE / December 5, 2024 / Vulcan Minerals Inc. , is pleased to provide the following exploration update on its 100% owned Colchester/Springdale and Carbonear projects in Newfoundland. Highlights: Drilling underway at the McNeilly zone of the Colchester Property Sampling of historic core at Carbonear extends mineralized intervals Colchester/Springdale : Further to our recent Induced Polarization survey at the McNeilly zone, the Company has commenced a 5 hole drill program to test some IP anomalies towards expanding the volcanic massive sulphide copper-gold deposit . Previous IP surveys by the Company and historic operators have shown a positive correlation to mineralized zones. The 2024 survey extended a previous IP survey on the Colchester main deposit ...

Energy Fuels Inc. , a leading U.S. producer of uranium, rare earth elements , and critical minerals, is pleased to announce that it has entered into a Memorandum of Understanding with the Government of Madagascar setting forth certain key terms applicable to the Company's Toliara titanium, zirconium, and REE project , located in southwestern Madagascar. As previously announced, on November 28, 2024, the Madagascar Council of Ministers, as Chaired by the President of Madagascar, lifted the suspension on the Toliara Project, which was originally imposed in November 2019. The lifting of the Suspension allows the Company to continue development of the Project, re-establish community programs, and advance activities necessary to achieve a positive final investment decision . The M...

Michael Gentile announces that he has filed an early warning report announcing the acquisition of an aggregate 13,955,000 common shares in the capital of Magna Terra Minerals Inc. in a private transaction. Prior to the completion of the Acquisition, Mr. Gentile beneficially owned or controlled, directly or indirectly, an aggregate of 2,660,000 Common Shares, representing approximately 3.20% of the Company's issued and outstanding on an undiluted basis and on a partially diluted basis. Following the completion of the Acquisition, Mr. Gentile beneficially owns and controls, directly or indirectly, an aggregate of 16,615,000 Common Shares representing approximately 19.99% of the Company's issued and outstanding on an undiluted basis and on a partially diluted basis. The Common S...

Moon River Moly Ltd. is pleased to announce, that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of December 3, 2024, and is for four months and shall be automatically renewed for subsequent one month terms unless either party provides at least thirty days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other...

Cabral Gold Inc. is pleased to announce that it has filed a National Instrument 43-101 technical report led by Ausenco do Brasil Engenharia Ltda. for the Prefeasibility Study on the Gold-in-Oxide Starter Operation at the Cuiú Cuiú Gold Project in the Pará State, North-Central Brazil. The Report can be found under the Company's profile on SEDAR at www.sedar.com and on the Company's website. The results of the Prefeasibility Study were originally presented in a news release dated October 21, 2024, which is also available for review on SEDAR and on the Company's website. There are no material differences between the results announced in the news release and the results in the Report. About Cabral Gold Inc. The Company is a junior resource company engaged in the identification, e...

Mineral Road Discovery Inc. announces it has entered into an agreement to list AusVan Battery Metals Pty Ltd on the ASX via NewPeak Metals Ltd for a value of Aus$5 million, accelerating the path to produce Vanadium Redox Flow Batteries to support renewable energy grids. The AusVan Vanadium project consists of 6 exploration licences and 1 application, covering 1498 square kilometres 80 kms north of the town of Julia Creek in northwest Queensland, Australia, and hosts the Allaru Vanadium Deposit. Vanadium is a critical mineral, used to strengthen steel, and is also the key component of the electrolytes in Vanadium Redox Flow Batteries , used in industrial and utility-scale storage batteries. Jason Cubitt, CEO of ROAD noted, "This is another successful transaction for ROAD, demo...

Northisle Copper and Gold Inc. is pleased to announce that it has closed the previously announced brokered private placement, including the full exercise of the over-allotment option, for gross proceeds of approximately C$9.4 million . The Brokered Offering consisted of 10,836,000 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act ) issued at a price of $ 0.646 per Charity FT Share, and 6,352,300 common shares of the Company issued at a price of $ 0.38 per Non-CFT Share . The Brokered Offering was conducted by a syndicate of agents led by Paradigm Capital Inc. as lead agent and sole bookrunner on behalf of Agentis Capital Markets Limited Partnership as co-lead and a syndicate of agents including Red Cloud Securities Inc. and Ventum Financ...

E2Gold Inc. will begin the next phase of drilling on its Hawkins Gold Project in North-Central Ontario with a 1,500 m drill program to test step-out targets at its McKinnon Zone Inferred Resource1. These include down-plunge targets below high-grade gold shoots within the McKinnon Zone as well as never-before-drilled high-grade surface prospects up to 3 km east along strike . Eric Owens, President and CEO, stated, "This low-cost drill program could lead to a significant increase in the footprint of the McKinnon Zone. We have already drilled well below the Inferred Resource, in 10 widely-spaced holes, and know that the gold-bearing zone continues to at least 700m depth. This next step will provide us with more information about the growth potential immediately below the resourc...

Omineca Mining and Metals Ltd. , is pleased to report that a second drill has been mobilized to accelerate the Wingdam lode gold exploration program currently underway in the Cariboo Mining District of south central British Columbia. The first 3 diamond drill holes were extended in length with the third hole currently underway at 550 meters. The second drill rig has commenced drilling hole number 4 across the Lightning Creek valley to the north. It is expected that given the encouraging sulphide mineralization evident in the first three holes that the entire program may be expanded in length with more targets added. Drill core is being logged and cut with some samples already prepared to ship for assay. Results will be reported as they are received and interpreted. The domina...

P2 Gold Inc. reports that it has entered into a definitive agreement signed December 4, 2024 to sell its Ball Creek Claims to Kingfisher Metals Corp. an arm's length party, on payment of $1 million, with $50,000 due on signing the Agreement and $950,000 due on the closing of the Transaction; and issuance of shares of Kingfisher having a value of $250,000, with the shares priced at the closing price of the shares on the TSX Venture Exchange immediately prior to an announcement of the Agreement. The Transaction remains subject to a number of conditions, including Exchange approval, and Kingfisher completing a private placement of at least $1 million. The closing of the Transaction is anticipated on or about February 28, 2025. No finder's fees are payable. The Comp...

Majority Ownership of Underexplored, Belt-Scale Gold Project in Western Australia Sarama Resources Ltd. is pleased to advise that it has completed the acquisition of a majority interest in the Cosmo Gold Project in Western Australia. This follows satisfaction of all outstanding conditions precedent and receipt of final securities exchange approval. The 580km² Cosmo Gold Projectcovers the entirety of the Cosmo-Newbery Greenstone Belt and is located approximately 85km north-east of Laverton in a region known for its prolific gold endowment . As one of the last effectively unexplored greenstone belts in Western Australia, the Project presents a unique and compelling opportunity for the Company. Highlights Sarama's President, CEO & MD, Andrew Dinning commented: "We are very pleas...

Leocor Gold is pleased to provide an update on its upcoming drill campaign at the Baie Verte project, an approximately 2,000-ha contiguous exploration package. On Monday, Dec 2nd, Leocor's geological team, led by Resourceful Geosciences, and the dill crew, visited the target drill sites located at the Copper Creek and Dorset Gold project claims. They confirmed existing trails and roads to transport material, crews and drill rigs to and from proposed drill sites. Drill pad locations at the Dorset gold project need little to no preparation work, while some Copper Creek targets will receive some attention before the drill equipment ...