Blue Thunder Mining Inc. is pleased to announce the appointment of Robert Boisjoli as the Company's Chief Financial Officer , effective immediately. Mr. Boisjoli, who is based in Montreal, replaces the Company's outgoing CFO, Donna McLean. Mr. Robert Boisjoli is a managing director of Atwater Financial Group, a company specializing in financial reporting services for listed mining companies. He is an advisor to various public exploration companies. Mr. Boisjoli was an investment banker with various Canadian securities firms. He is also a Board Member on CPA professional associations and various nonprofit community organizations. Blue Thunder is also pleased to announce that it held its first technical committee meeting with IAMGold Corp. and has begun planning its ...

IAMGold Corp. is pleased to announce that it has entered into a forward gold sale arrangement and a partial amendment to one of its existing gold prepay arrangements. The net result of these Arrangements is the effective transition of current gold delivery obligations out of the first quarter of 2024 into the following year, increasing cashflow in Q1 2024 by approximately $72.5 million assuming current gold prices. "These arrangements take advantage of positive market rates while ensuring the prudent management of IAMGOLD's balance sheet during a key juncture for the Company," said Renaud Adams, President and CEO of IAMGOLD. "The Côté Gold project is advancing rapidly towards initial production in M...

ROUYN-NORANDA, Québec, Dec. 18, 2023 -- Abcourt Mines Inc. is pleased to announce that diamond drilling has begun on level 295 of the Sleeping Giant mine. The main objective of the current drilling is to maximize the definition of the DAC 5 stope, located between levels 235 and 295, approximately one hundred meters from shaft 2. This initiative aims to strengthen mine development planning and to prepare the ground for the start of production in a few weeks on these levels. The key points of the drilling objectives are as follows: Optimization of the definition of the DAC 5 site: Concentrated between levels 235 and 295, this step is crucial for refining the details of the stope, ensuring precise planning of its development. Test of the western extension of the DAC 5 site: Explor...

Nine Mile Metals Ltd. , is pleased to provide an update on its current drillhole at its California Lake VMS Project. Drillhole is currently at a depth of 615 meters targeting Lens A at depth. The Azimuth and dip are monitored daily, the Azimuth presently at 209 degrees and the Dip flattened to 65 degrees. Our calculations show we are on target. Rocks intersected to date include felsic volcanics of the Flat Landing Brook Formation which hosts numerous VMS mines and occurrences in the southern portion of the BMC including Stratmat and Headway. Between 490.10 and 496.15 there was a distinct, banded sulphide zone with 5- 8% pyrite and blebs of chalcopyrite. This section has been cut and will be submitted to ALS Global for analysis. Mixed felsic rocks of the Flat Landing Brook For...

2023 has been a difficult year in the junior precious metals markets, particularly in the junior gold exploration sector. Although the gold price is standing strong, the sentiment has remained weak. Despite this, Gold Bull has continued to advance its main asset, Sandman, located in Nevada. Sandman Project, Nevada During the year, Gold Bull commissioned a Preliminary Economic Assessment to investigate the viability of a small-scale startup operation at Sandman, focusing on the existing gold resources. The PEA considered a conventional heap leach mining operation targeting 38,000 ounces of gold produced per annum over a 9-year operation. Given the nature of the Sandman deposits , a 2.2 Mtpa production rate and very low strip ratio of 2.2:1 extracts an average gold grade of 0.73 g/t Au . The...

Vizsla Silver Corp. is pleased to announce the release of its inaugural Sustainability Report, highlighting the Company's commitment to sustainable practices and responsible corporate citizenship. "Vizsla has always placed sustainability at the heart of its strategy," commented Michael Konnert, President and CEO. "This inaugural Report demonstrates our ongoing commitment to the environment, our people, the communities in which we operate, and our high standards of corporate governance. Furthermore, the Report highlights the Company's ethical leadership, dedication to transparency, accountability, and the continuous improvement of its sustainability practices. I am very proud of the progress Vizsla has made so far as we position ourselves to be the leaders in regenerative min...

Santacruz Silver Mining Ltd. is pleased to announce that it has sold its shares in Santacruz Holdings Ltd., which has 100% ownership in Impulsora Minera Santacruz, S.A. de C.V., a non-core Mexican subsidiary of the Company, to a private Mexican group . The sale of this non-core asset is part of the Company's ongoing restructuring efforts as it aims to streamline its core business focus. The Company received a nominal cash consideration in addition to the Buyer agreeing to accept certain obligations and liabilities from the Company as consideration for the sale of Santacruz Holdings Ltd. . Arturo Préstamo, Executive Chairman and Interim CEO of Santacruz, commented, "The divestment of this non-core asset is expected to reduce our current liabilities and strengthen our balance s...

Outback Goldfields Corp. is pleased to provide an update on exploration activities across its Glenfine project in the heart of the Victorian goldfields of Australia. Highlights High-grade gold potential: Review of recently acquired LiDAR data led to the identification of historic workings where samples of quartz reefs returned up to 9.4 g/t gold. Underexplored project: Soil sampling has outlined additional targets in areas lacking previous exploration. Target-rich project: The new targets complement a portfolio of high-priority targets in the heart of the Victorian goldfields. "Following the definition of the 3 km long O'Connors target at Yeungroon, we shifted focus to target generation across our other gold projects," commented Chris Donaldson, CEO. "At Glenfine, we defined...

ROUYN-NORANDA, QC, Dec. 18, 2023 /CNW/ - Comet Lithium Corp. ) is pleased to announce that it has held a first closing of a non-brokered private placement in which it issued 1,673,000 common shares at a price of $0.50 per Share, and 1,356,836 "flow-through" common shares at a price of $0.85 per Flow-Through Share, for aggregate gross proceeds to Comet Lithium of $1,989,810.60. Comet Lithium will use the net proceeds from the sales of the Shares for general and administrative purposes and for exploring the Company's mining properties and will use the net proceeds from the sales of the Flow-Through Shares for exploring the Company's mining properties the located in the provinces of Québec, with a focus on its 100%-owned Liberty and Troilus lithium properties. "We are excited to...

VANCOUVER, BC, Dec. 18, 2023 /CNW/ - Trading resumes in: Company: Sarama Resources Ltd. TSX-Venture Symbol: SWA All Issues: Yes Resumption : 9:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specific halt bey...

Horizonte Minerals Plc , the nickel development company, is pleased to confirm the appointments of Paul Smith as Non-Executive Director and Chair of the Board of the Company and of Karim Nasr as an Executive Director of the Company. As previously announced on 27 November 2023, the Board proposed the appointment of Paul Smith as Non-Executive Director and Chair, succeeding Vincent Benoit who had agreed to act as interim Chair and who will now continue his role as a Non-Executive Director, in addition to the appointed Mr Nasr as an Executive Director. Mr Smith and Mr Nasr's appointments were subject to receipt of the usual director certifications in accordance with the AIM Rules. The Company's Nominated Advisor, Peel Hunt, have now completed the due diligence processes, and Mr ...

Metals Creek Resources Corp. is pleased to announce a new gold discovery while mechanical surface trenching 275m southwest of Main Zone on the Shabaqua Corners Gold Property. The property is located within the Shebandowan Greenstone Belt, approximately 54 km west of Thunder Bay, Ontario near Shabaqua Corners and on trend to Delta Resources Delta 1 project. The property has seen very little exploration work. Prospecting activities during the summer and fall highlighted an area of anomalous gold values outside of the main gold bearing trend with gold assays ranging from 102 parts per billion to 1300ppb from 5 grab samples. Subsequent mechanical surface trenching resulted in the discovery of high grade gold mineralization with 7 grab samples retuning up to 13.1 grams per tonne A...

Quest Critical Metals is pleased to update its shareholders on the latest progress of the EU HORIZON-funded EIS Project, which it participates through its wholly-owned Czech subsidiary, Golden Pet SRO. Quest Critical Metals' property, Klingenthal/Tisova, straddles the German/Czech border with approximately 70km2 in each country. The EU HORIZON €7.5m funded EIS Project aims to enhance Europe's self-sufficiency in critical raw materials (CRM). The Project is focused on developing advanced exploration concepts and data tools to aid mineral exploration and reduces its impact on nature, making exploration more sustainable. The EIS Project also aims to raise awareness of the importance of critical raw materials and the challenges of exploring for them in the EU.