New Found Gold Corp. is pleased to announce the Company has successfully completed its previously announced acquisition of a 100% interest in Labrador Gold Corp.'s Kingsway Project , located in Gander, Newfoundland and Labrador, as well as certain related assets of LabGold . Pursuant to the Acquisition, New Found has issued to LabGold 5,263,157 common shares as consideration for the Purchased Assets. About New Found Gold Corp. New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and eas...

Phenom Resources Corp. is pleased to provide a progress report on project and corporate activities. The Company has a very busy agenda. Crescent Valley Gold Project The Company has engaged Zonge International Geophysical Services to conduct a geophysical survey on the Company's Crescent Valley Gold Project. Crews are currently in the field and are expected to take under 3 weeks to complete the IP/Resistivity program. The geophysical program is designed to provide important focus to vein-hosted mineralization in this bonanza-type low sulfidation epithermal setting for better drill targeting. In anticipation of results of this program, the Company has already secured a permit to drill targets at Crescent Valley. Dobbin Gold Project An experienced Nevada-based geologist with ext...

TSX: GMIN OTCQX: GMINF All amounts are in USD unless stated otherwise First gold pour at Tocantinzinho achieved on time and budget, only 22 months after the formal construction decision Commercial production and subsequent ramp-up to nameplate plant capacity of 4.7 million tonnes per annum expected to be achieved in H2-24 Over 2.6 Mt of ore, containing over 78,000 gold ounces, mined and stockpiled ahead of the processing plant ramp-up G Mining Ventures Corp. is pleased to announce that it has completed its first gold pour at GMIN's 100%-owned Tocantinzinho Gold Project in the State of Pará, Brazil. The first pour yielded approximately 440 ounces of gold, and the Project remains on time and budget for commercial production in the second half of 2024. Once in commercial product...

Flow Metals Corp. is pleased to announce that it will conduct a non-brokered private placement to raise aggregate gross proceeds up to $350,000 . The Offering will consist of non-flow through common shares issued at a price of $0.05 per NFT Share and flow-through common shares issued at a price of $0.07 per FT Share. Each FT Share will be a common share of the Corporation issued as a "flow-through share" of the Income Tax Act ). The gross proceeds will be used for "Canadian exploration expenses" , which will qualify, once renounced, as "flow-through mining expenditures", as defined in the Tax Act, which will be renounced with an effective date of no later than December 31, 2024 in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares. The...

Royal Gold Inc. announced today that its wholly owned subsidiary, RGLD Gold AG, sold approximately 52,600 gold equivalent ounces 1 comprised of approximately 39,200 ounces of gold, 593,200 ounces of silver and 1,500 tonnes of copper related to its streaming agreements during the three-month period ended June 30, 2024 . The Company had approximately 12,000 ounces of gold and 450,500 ounces of silver in inventory at June 30, 2024. RGLD Gold AG's average realized gold, silver and copper prices for the second quarter were $2,339 per ounce, $28.46 per ounce and $9,475 per tonne , respectively. Cost of sales was approximately $459 per GEO for the second quarter. Cost of sales is specific to the Company's streaming agreements and is the result of the Company's purchase of gold, silver...

Galiano Gold Inc. is pleased to announce the release of its 2023 Sustainability Report , covering both its corporate office and the Asanko Gold Mine . This Report focuses on the Company's continuous progress on its environmental, social, and governance performance and outlines its vision for sustainability going forward. The Report's disclosures and metrics align with international sustainability reporting standards including the Global Reporting Initiative and the Metals and Mining Standards of the Sustainability Accounting Standards Board. 2023 Sustainability Report Highlights: Environment Zero significant environmental incidents. Conducted progressive environmental reclamation activities on 25 hectares of previously mined lands. Maintained International Cyanide Management C...

Liberty Star Minerals updates initial channel sampling assay results to date from its wholly owned Red Rock Canyon Gold Project within its Hay Mountain Project in southeast Arizona. The RRC may possess commercially important metals associated with porphyry copper-gold-moly geologic structures, well represented in the area from central Arizona to northern Mexico. The presence of bonanza grade gold on this first outing is consistent with findings from previous investigations of the area . Overall, these findings reinforce the Company's expectation that the RRC may possess significant quantities of near surface high grade gold. These current results are from channel samples across 23 jasperoid lenses, comprising 116 samples total, including QA/QC samples submitted to the ALS Labs facility in ...

Viscount Mining Corp. is pleased to announce it intends to raise $5,000,000 in a non-brokered private placement on a best efforts basis. The offering is comprised of up to 20,000,000 units of the Company at a price of $0.25 per Unit. Each Unit consists of one common share of the Company and one transferrable Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Share at an exercise price of $0.30 for a term of 2 years following the issue date. The Company may pay up to 5% in cash, as finders fees to qualified finders in relation to the financing. Net proceeds from the Offering are expected to be used for the exploration and development of the Company's mineral property interests and ongoing working capital requirements. As insiders wi...

Altius Minerals Corp. is pleased to update its Project Generation business activities and its public junior equities portfolio. The market value of equities in the portfolio at June 30, 2024 was $55.8 million, compared to $45.4 million at March 31, 2024. Cash proceeds of $7.6 million were generated from various portfolio sales while $2.9 million was invested during the quarter through the exercise of warrants. Net proceeds of $11.4 million have been generated from the portfolio thus far in 2024. An updated list of the public equity holdings has been posted to the Altius website at https://www.altiusminerals.com/investor-information/junior-equities-portfolio/. Portfolio Updates Recently reported updates from certain portfolio companies included the following: Orogen Royalties I...

Power Metals Corp. is pleased to announce an update on exploration activities across its Ontario and Quebec properties. The Company engaged Pioneer Exploration to conduct a low-level, high-resolution Magnetic Drone Survey at the southern portion of the Case Lake property. The Company has also mobilized a geological team to conduct field work at its Decelles and Mazerac properties in Quebec. In addition, Woodland Heritage Northeast has commenced Phase II of an Archeological Survey at Case Lake. The Company has also been developing key target areas at Case Lake with Southern Geoscisence Consultants who have completed a structural and lithological interpretation identifying additional high-priority targets as highlighted below: Southern Geosciences Consultants of Perth, Australi...

MONTRÉAL, July 09, 2024 -- Cerro de Pasco Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement, for total aggregate gross proceeds of $3,298,000 . CDPR issued 32,980,000 units of the Corporation at a price of $0.10 per Unit, each consisting of one common share and one Common Share purchase warrant . Each Warrant entitles its holder to purchase one Common Share at an exercise price of $0.15 per Common Share for a period of 24 months, subject to acceleration in certain circumstances . Eric Sprott, a new insider of the Corporation, acquired 20,000,000 Units under the Offering through 2176423 Ontario Ltd., a corporation beneficially owned by him. 2176423 Ontario Ltd. also acquired 17,000,000 Common Shares from an existing sh...

Teako Minerals Corp. is pleased to announce that it has mobilized a field crew to its Lomunda-Venna and Tydalen copper-cobalt-zinc projects in Trøndelag Province, central Norway to initiate a phase one exploration program. This systematic field review will be guided by historical geological/geophysical data and newly acquired high-resolution airborne geophysics data from a survey completed in the Venna area by the Norwegian Geological Survey , released in early 2024. The Eiker program in District South is expected to conclude in approximately 1 week whereafter the Company will mobilize all personnel to District Central. For the remainder of the field season, the Company's field crew and its team of geologists will concentrate on the Lomunda-Venna and Tydalen projects, with a ...

T2 Metals Corp. following the recent closing of an over-subscribed $2.9m private placement , the Company is pleased to welcome new cornerstone and institutional shareholders who accounted for more than 50% of the non flow-through financing. Institutional participants in the private placement included: Aumontis Holding AG , a highly regarded European company backed by renowned resource investor Dr Titus Gebel. Dr Gebel was a Director of Osisko Exploration when the company discovered Canada's largest gold mine , and was co-founder of German listed Deutsche Rohstoff AG. In addition to the Aumontis investment, Dr Gebel invested on a personal basis in the T2 Metals private placement; Lowell Resources Fund , an Australian listed investment trust with a strong track re...