Namibia Critical Metals Inc. is pleased to announce that on July 3, 2024, it has signed a non-binding, non-exclusive Memorandum of Understanding with Copenhagen Atomics A/S to sell thorium produced from the Lofdal Heavy Rare Earth Project. Key Highlights The MOU provides the framework for the parties to negotiate a binding commercial offtake agreement for the supply of thorium from the Lofdal Project. Annual production of thorium oxide from the Lofdal project is expected to be about 100 tonnes in full production. Provides an additional potential revenue stream from a waste product for NCMI. The parties intend to move forward and outline a conditional purchase order with a given quantity, delivery date and quality, which CA will submit to NCMI before Jan 2025. The MOU will be ...

CoTec Holdings Corp. is pleased to announce that it intends to complete a non-brokered private placement of 5,500,000 common shares in the Corporation to Kings Chapel International Limited at a price of $0.50 per Common Share for gross proceeds of $2,750,000 . The Corporation will use the gross proceeds of the Private Placement to repay a portion of the loans previously advanced to the Corporation by Kings Chapel, to fund potential investment opportunities and for working capital purposes. Kings Chapel is an existing insider and Control Person of the Corporation. Julian Treger, a director of the Corporation and its Chief Executive Officer, is a beneficiary of a family trust associated with Kings Chapel. As a result, the Private Placement is expected to be a related party tran...

Golden Cariboo Resources Ltd. is pleased to announce the introduction of an oriented core system on the active drill program at the Quesnelle Gold Quartz property. Drill core orientation preserves the original position of the rock retrieved during the drilling process, which allows for the collection of structural measurements of rock formations, veins and geologic structures as they were in-situ underground. It is expected that the oriented core data collected will be a key component in generating a geological and structural model for gold mineralization on the property. The Company would also like to provide a drill production update for the Quesnelle Gold Quartz property. The Company has completed drilling holes QGQ24-09, QGQ24-10, QGQ24-11 and QGQ24-12 for a total of 1268...

Fortitude Gold declares its monthly dividend of $0.04 per common share payable on July 31, 2024 to shareholders of record as of July 19, 2024. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield. Dividends may vary in amount and consistency or be discontinued at the Board of Directors' discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Company's public filings with the U.S. Securities and Exchange Commission. About Fortitude Gold Corp.: Fortitude Gold is a U.S. bas...

Group Eleven Resources Corp. is pleased to announce details of its upcoming drill program at the Carrickittle West Prospect , Republic of Ireland. The prospect spans across the Company's 76.56%-owned Stonepark Project and the Company's 100%-owned PG West Project . The Company is also pleased to provide an update on its ongoing drill program at the Ballywire Zn-Pb-Ag discovery , located at PG West. Highlights Drilling at Carrickittle West is planned to begin in calendar Q3 2024 and complete by year-end, with 4-5 holes totalling approx. 1,700m Drilling will test targets on the southern margin of Limerick Volcanic Complex , a prospective area that measures approximately 11km in strike-length Targets include areas of brecciation and mineralization seen in previous drilling, the K...

2024 exploration has begun on the newly acquired Clear Creek property First diamond drilling program ever to be completed on the Rhosgobel Intrusion since historical shallow reverse circulation drilling in 1995 to follow up on holes 95-15 which intersected 50.3 m of 1.07 g/t gold and 95-16 which intersected 67.1 m of 1.03 g/t gold with both holes ending in strong gold mineralization. Grid geochemistry currently underway to infill gaps to the south of the Blackjack deposit on the high potential Pukelman West intrusion and G2 zone on the newly acquired Clear Creek claims. Integration of newly acquired datasets with Sitka Gold data. Geological mapping and prospecting following up on the high grade G2 zone, Contact zone and other highly prospective gold targets. Sitka Gold Corp. ...

Vancouver, BC, July 3, 2024 - - Q2 Metals Corp. is pleased to provide an update from its 2024 exploration program at the Cisco Lithium Property located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada.The Company commenced its 2024 drill program at the Cisco Property in May, with the primary objective of confirming and expanding upon the mineralized zone where the Property vendors worked in 2023 . As previously announced on June 17, 2024 the Company encountered wide intervals of spodumene-pegmatite including:- Drill hole CS24-010 which encountered five spodumene-mineralized intervals that were greater than 10 m wide.- The sum of all spodumene-mineralized intervals in hole CS24-010 was 194.8 m, with the widest individual interval measu...

South Pacific Metals Corp. , an emerging gold-copper exploration company operating in the heart of Papua New Guinea's proven production corridors, is pleased to announce it has launched a systematic and aggressive exploration program to evaluate its 3,000 square kilometre portfolio of four gold-copper projects. Generative exploration programs at Anga, Osena, Kili Teke and May River Projects will focus on achieving near-term discoveries and identifying additional growth opportunities. Highlights: Boots-on-the-Ground Exploration in the Mineral-Rich Kainantu District: Design of surface sampling, mapping and prospecting programs is currently underway for both the Anga and Osena Projects, located in the Kainantu Gold District and mantling K92's tenements that host their producing ...

Bedford Metals Corp. announces that it has accelerated its due diligence on the Sheppard Lake Uranium Project in light of recent activities in the area. The recent takeover offer by Paladin Energy Ltd. for Fission Uranium Corp. has underscored the increasing mergers and acquisitions activity in the Athabasca Basin, reinforcing Bedford's belief that the uranium industry in Canada is poised for significant expansion as nuclear energy is likely to play a pivotal role in the clean energy transformation. The proposed acquisition by Paladin Energy, as reported by CarbonCredits.com on June 26, 2024, highlights the growing strategic importance of uranium in the global energy landscape. The article, titled "Paladin Energy Offers C$1.14 B to Canada's Fission Uranium. What...

Electric Royalties Ltd. is pleased to provide the following update on its royalty portfolio. Brendan Yurik, CEO of Electric Royalties, commented: "We are looking forward to the successful business combination by the operator of our Penouta royalty so that production under its section B permit can commence while the reinstatement of the section C permit is pursued. Commencement of production would bring new revenue to the Company, as we hold a 1.5% gross revenue royalty interest, and tin prices are up approximately 30%1 since production halted in October 2023. We are also excited to see continued updates at Seymour Lake, one of the most advanced lithium projects in Ontario, progressing towards completion of a feasibility study and permitting. And all developments across our po...

Metallic Minerals Corp. is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement . Under the Final Tranche, investors subscribed for an additional 1,062,500 flow-through common shares of the Company at a price of $0.40 per FT Common Share for gross proceeds of $425,000, bringing the total Offering to $2,025,000. Greg Johnson, CEO and Chairman, stated, "We are pleased to complete this funding round for our Keno Silver and Klondike Gold projects. Preparations are underway to begin drilling on the Keno Silver project, with a priority on resource expansion and potential new discoveries. Work will start at the Formo target, which is the largest of the four deposits contributing to the initial resources announ...

CANEX Metals Inc. is pleased to announce surface sampling results from the Gold Range Project in Arizona. Gold Range Surface Exploration CANEX successfully completed a surface exploration program at the Gold Range Project in Arizona in March, collecting 151 surface rock and soil samples from across the property with detailed mapping completed at the growing WestGold target. New areas of mineralization were identified during the program and the WestGold zone was significantly expanded. Highlights Three new mineralized zones have been identified across CANEX's Gold Range property, assays from all three zones have returned high-grade gold mineralization. Surface chip sampling in the eastern part of the Gold Range property returned 19.4 g/t gold over 3 metres in a zone that has n...

Silver X Mining announced the appointment of David Gleit as Chief Financial Officer, effective immediately. David succeeds Jason Tong, who served as the Company's interim CFO and who will remain with the Company as the corporate controller. David brings more than 25 years of experience as a financial executive with a strong background in international mining, construction, and asset-management. He has advised and led financial strategy and operations for companies at various stages of growth and currently resides in Lima, Peru. "We are delighted to welcome David as our new CFO," said Silver X CEO José M. García. "His expertise in international mining and his impressive track record in strategic financial management will be essential as we expand our operations in...