Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. MONTREAL, Dec. 19, 2023 -- Amseco Exploration Ltd. , a mineral exploration company listed on the NEX board of the TSX Venture Exchange , is pleased to announce that it has entered into a binding letter of intent dated December 18, 2023 with Canadian Gold Resources Ltd. in respect of a proposed business combination . It is anticipated that the Proposed Transaction will constitute a "Reverse Takeover" of Amseco in accordance with Policy 5.2 - Changes of Business and Reverse Takeovers of the Exchange. All currency references herein are in Canadian currency unless otherwise specified. About Ca...

Sparton Resources Inc. is pleased to announce the closing on December 18, 2023, of the first tranche of the non-brokered private placement announced on December 8, 2023 for gross proceeds of C$500,000. Sparton has issued 10,000,000 Quebec Flow-Through Share Units of the Company at a price of C$0.05 per QFTS Unit for proceeds of C$500,000. Each QFTS Unit will consist of one common share of the Company and a ½ non-flow through Share Purchase Warrant or 5,000,000 full SPWs). Each full SPW will entitle the holder thereof to purchase one common share of the Company at a price of C$0.08 for a period of 24 months following the issue date, or December 15, 2025. Each QFTS will consist of one common share of the Company to be issued as a Critical Metals "flow-through share" within the ...

North Shore Uranium is pleased to provide an update on exploration plans at its 55,699 hectare Falcon Property. The Company has identified a number of high priority uranium targets on the Property and is fully funded to drill several of these targets in Q1 2024. Falcon is a highly prospective uranium exploration property with a limited exploration history in an area of the Athabasca Basin that is seeing increased exploration activity and recent discoveries. Significant grass roots uranium discoveries in 2021 by Baselode Energy and 92 Energy approximately 40 km to the north, illustrate the potential for new basement-hosted discoveries in this area. In 2022, both the Company and Skyharbour Resources completed fixed-wing gravity-magnetic-radiometric surveys that covered over 80% of Falcon. Reinterpretation of the earlier electromagnetic data complemented by the recently acquired geophysical data is allowing the company to identify new high priority targets that have never been tested by drilling. North Shore's proposed 2023-2024 exploration program at Falcon is comprised of the following three components:

Sun Summit Minerals Corp. is pleased to provide a corporate update and year end review of 2023. Highlights from 2023: Option to acquire the JD Project in the Toodoggone District: The Company signed a letter of intent to option a 100% interest in the JD Project in the Toodoggone gold-copper district in north-central B.C. . The project provides a unique opportunity to explore for high-grade epithermal-related gold-silver mineralization as well as porphyry-related copper-gold systems. Initial Mineral Resource Estimate at Buck Main: Commencement of an initial Mineral Resource Estimate was announced on the Buck Main epithermal-related gold-silver-zinc system with expected completion in the first quarter of 2024. Completed 5,700 metres of drilling at multiple zones across the Buck ...

Gold79 Mines Ltd. is pleased to provide an update on the permitting process at its Jefferson Canyon project, in Nevada. The original Plan of Operations for Jefferson Canyon was submitted in July 2021 and the cultural and biological studies were completed and submitted in Q2 2022. Gold79 received feedback on the proposed areas of disturbance relative to identified cultural sites in March 2023. After multiple revisions to the plan it was resubmitted on December 12, 2023. The revised application is for 20 drill sites and associated roads to service them. Derek Macpherson, President and CEO of Gold79, states, "The permitting process at Jefferson Canyon has taken far longer than originally anticipated. While this has been a frustratingly long process for both Company shareholders a...

Brunswick Exploration Inc. is pleased to report new assays from an additional thirteen drill holes completed at the Mirage Project, located in the Eeyou Istchee-James Bay region of Quebec. Drilling has continued to intersect significant intervals of high-grade spodumene mineralization in the South Zone, all within dyke MR-4, showing excellent continuity of width and high-grade lithium values. Highlights include: Highest grade intercept reported to date at Mirage with 3.28% Li2O over 10.6 meters in drill hole MR-23-26 at a vertical depth of 50 meters. Shallow intercept of 2.92% Li2O over 14.0 meters in drill hole MR-23-19 at a vertical depth of 46 meters. 2.88% Li2O over 13.4 meters in drill hole MR-23-16 at a vertical depth of 86 meters. High-grade mineralization has now been...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated December 5, 2023 to its short form base shelf prospectus dated November 21, 2023 Global Atomic Corp. is pleased to announce a non-brokered private placement of 6,000,000 units of the Company at a price of C$2.50 per Unit for aggregate gross proceeds of C$15 million dollars. The Company has entered into a binding subscription agreement with Regent Mercantile Holdings Limited and certain related companies for the subscription of an aggregate of 2,000,000 Units. Regent has also agreed to assist in arranging for the placement of the remaining 4,000,000 Units and has agreed to subscribe for any of the 4,000,000 Units that remain unplaced at closing. Each Unit is ...

Radisson Mining Resources Inc. proudly reflects upon a remarkable year of accomplishments and looks ahead to an even more successful and prosperous 2024. Key 2023 Highlights Published updated NI 43-101 Mineral Resource Estimate, doubling the size of the resource while increasing the peer-leading grade. Completed two successful capital raises positioning the Company with approximately $8.5M in the treasury. Completed glacial till sampling program at the 50 km2 New Alger area of the O'Brien project. Hired key personnel in investor relations & operations. Commenced Phase I, 10,000 metre drill program, fully financed for expansion. Pursued Ecologo certification as part of broader ESG program. Throughout the year, Radisson maintained its key focus on resource growth, having achiev...

Palladium One Mining Inc. is pleased to report soil sampling has identified up to 0.43% copper in soil from a new chonolith , newly named Blaze, thought to represent part of the plumbing system that fed the large Bulldozer mafic-ultramafic intrusion located along the northern portion of the Tyko I Property, which forms part of the larger Tyko Nickel - Copper Project in Ontario, Canada. . Highlights The Company's geologic model has again been confirmed with a previously 'interpreted' chonolith target having been confirmed. The newly named Blaze chonolith is interpreted to be part of the feeder system that emplaced the Bulldozer mafic-ultramafic intrusion at Tyko I. Up to 0.43% copper in soil was discovered. Four samples contain greater than 0.1% Cu and 24 samples are greater t...

AngloGold Ashanti plc is pleased to announce that it intends, subject to execution of definitive documentation and satisfaction of customary conditions, to subscribe for 24,500,000 common shares in G2 Goldfields Inc. at C$0.90 per share for total consideration of C$22,050,000. Following completion of the Subscription, AGA will own approximately 11.7% of G2's issued and outstanding Shares. G2 is actively exploring in Guyana, a country which hosts the Guiana Shield, one of the world's most prospective gold provinces. The Guiana Shield is host to a number of significant deposits including the Aurora and Omai mines and the Toraparu deposit in Guyana; the Rosebel and Merian mines in Suriname; and the Montagne d'Or and Camp Caiman deposits in French Guiana. The G2 team, led by Patr...

First Lithium Minerals Corp. is pleased to announce the expansion of its LSL Project and addition of exploration properties in northwestern Ontario through acquisition and direct staking totalling 175 mining claims covering 3,573 ha. Expansion of LSL Project The expansion of the Company's LSL Project in the Patricia Mining District of northwestern Ontario consisted of acquisition of two mining claims groups, the Solitude Lake and Hillside Lake claims groups. The groups lie southwest and southeast of the LSL Project mining claims, respectively. The newly acquired claims are located approximately 40 km north of Savant Lake, Ontario and accessible via Provincial Highway 599 and logging roads. The claims groups area is underlain by Archean rocks of the northeastern extension of t...

G2 Goldfields Inc. is pleased to announce that AngloGold Ashanti plc has confirmed its intention, subject to execution of definitive documentation and satisfaction of customary conditions, to complete a strategic investment in the Company that will result in AGA owning 24,500,000 common shares , equivalent to approximately 11.7% of the Company's issued and outstanding Shares, at a price of $0.90 per Share for gross proceeds of $22,050,000. Roth Canada, Inc. and Cormark Securities Inc. are acting as agents in connection with the Strategic Investment. The net proceeds from the Strategic Investment will be used to advance exploration activities at the Company's Oko project in Guyana and for working capital and general corporate purposes. As part of the Strategic Investment, AGA ...

O3 Mining Inc. announces that in accordance with the terms of the senior unsecured convertible debenture issued on June 19, 2023, it has elected to issue 150,721 common shares at a price of C$1.66 per Common Share as payment for, and for the satisfaction of, C$250,000, representing 50% of the total interest due and payable by the Corporation in respect of the December 19, 2023 interest payment on the Debenture. Pursuant to the Debenture, O3 Mining shall have the right, subject to the approval of the TSX Venture Exchange and other conditions set out in the Debenture, to elect to satisfy up to 50% of its interest obligation in respect of any interest period by the issuance of common shares of the Corporation at a price per share equal to the...