Hole DSB-61 above also returned other well mineralized intersections as follows: 33.83 g Ag/t, 1.53% Zn, 0.93% Pb and 0.14% Sn over 178.99m including 120.37 g Ag/t, 2.13% Zn, 1.57% Pb and 0.19% Sn over 18.25m,175.23 g Ag/t, 2.44% Zn, 0.56% Pb and 0.12% Sn over 9.11m and 17.03 g Ag/t, 4.13% Zn, 1.30% Pb and 0.15% Sn over 19.48mm Significant results from additional definition drill holes include: 51.19g Ag/t, 0.75% Zn and 0.44% Pb over 55.93m including 31.65g Ag/t, 3.19% Zn, 1.21% Pb and 0.19% Sn over 10.55m and 192.2 g Ag/t over 7.46m 43.68 g Ag/t, 0.42% Zn, and 0.38% Pb over 74.53m, 132.33 g Ag/t, 0.23% Zn and 0.25% Pb over 15.14m and 55.25 g Ag/t, 0.96% Zn, 0.83% Pb and 0.26% Sn over 10.58m 7.84g Ag/t, 1.51% Zn and 0.64% Pb over 265.89m including 25.65 g Ag/t, 2.24% Zn and 1.77% Pb over 4...

Red Pine Exploration Inc. continues to report new assay results from its ongoing exploration program. These new results expand the exploration potential at depth in the Jubilee Shear and continue to expand the footprint of gold mineralization within gaps/hole of the existing Surluga resource. Intersection of significant mineralization in the Jubilee Shear outside the footprint of the existing resource 3.80 g/t gold over 36.94 metres including 24.04 g/t gold over 1.71 metres and 46.9 g/t gold over 1.04 metres in SD-23-456 Extension of mineralization 370 metres down-dip of the existing resource and 400 metres north of the Surluga South discovery in the Jubilee Shear in SD-23-448 5.33 g/t gold over 2.09 m in SD-23-448 approximately 80 metres north from the intersection 5.61 g/t ...

Argonaut Gold Inc. is pleased to announce the Company's flagship mine, the Magino Mine, located in Ontario Canada, is nearing gold production rates shown in its current National Instrument 43-101 Technical Report following implementation of several key technical and operational improvements. Increased Mill Head Grade As previously announced by Argonaut, the Magino Mine began producing gold in June of this year and achieved commercial production effective November 1, 2023. During the early commissioning period, the Magino Mine faced challenges as it transitioned into a steady feed of higher grade ore, in-line with the Magino Technical Report. Following the implementation of improved mining practices in late October, the operations have delivered a consistent increase in feed g...

Canada Nickel Company Inc. today announced that it has extended the repayment date of the US$12 million loan facility announced September 18, 2023 with Auramet International, Inc. to January 18, 2024 by agreeing to issue 350,000 one year common share purchase warrants with a strike price of $1.19 per share and pay an extension fee of 1.5% of the repayment amount of US$185,519. The loan will carry an interest rate of 1.25% per month for the extension period. The warrants and the underlying shares will be subject to a four month hold period under applicable Canadian securities laws. The extension is also subject to TSX-V approval. Mark Selby, CEO of Canada Nickel said, "I am pleased that we are extending repayment of our loan with Auramet to January 18, 2024, utilizing 30 days ...

Fortune Bay Corp. is pleased to announce that it has entered into a definitive option agreement , dated December 15, 2023, with 1443904 B.C. Ltd. , an arms-length private company. Pursuant to the Agreement, the Optionee will be granted the right to acquire up to a 70% interest in the Company's wholly owned Murmac and Strike Uranium Projects over a three-and-a-half-year period by funding C$6 million in exploration expenditures, making cash payments totalling C$1.35 million, and issuing C$2.15 million in common shares following completion of a going public transaction. The Projects include mineral claims totalling 19,877 hectares located along the northwestern margin of the Athabasca Basin, near Uranium City, Saskatchewan, in the prolific Beaverlodge mining district where appro...

Vista Gold Corp. is pleased to announce that its wholly-owned subsidiary, Vista Gold Australia Pty. Ltd. has received the first installment payment of $3 million under the royalty agreement between Vista Australia and Wheaton Precious Metals Co., an affiliate of Wheaton Precious Metals Corp. dated December 13, 2023 , in relation to the Company's Mt Todd gold project located in Northern Territory, Australia. All dollar amounts in this news release are in US dollars. The First Installment is part of the $20 million royalty with Wheaton, which will be used to advance Mt Todd and for general corporate purposes. The remaining two installment payments are expected in the first half of 2024 and are subject to approval from the Australian government Foreign Investment Rev...

Denison Mines Corp. is pleased to announce the appointment of Ms. Elizabeth Sidle to the position of Chief Financial Officer, in addition to her current position as Vice President Finance, and the addition of Mr. Geoff Smith to the position of Vice President Corporate Development & Commercial. View PDF version David Cates, Denison's President and Chief Executive Officer, commented, "We are proud to promote Liz Sidle to the position of Chief Financial Officer. In her prior positions with Denison, Liz has demonstrated a commitment to excellence and is a highly valued member of the executive team. We thank her for stepping in as Interim CFO, and know she will continue to excel as a leader of our finance team during this exciting time of growth for the Company. We are also delighte...

Dundee Precious Metals Inc. and Osino Resources Corp. are pleased to announce that they have entered into a definitive agreement whereby DPM will acquire all of the issued and outstanding common shares of Osino pursuant to a plan of arrangement . The Transaction adds Osino's high-quality, long-life Twin Hills open pit gold project as well as an extensive exploration portfolio in Namibia to DPM's existing portfolio of assets. As a result of the Transaction, DPM will acquire a 100% interest1 in Osino's advanced stage, multi-million ounce Twin Hills gold project located in Namibia, a mining-friendly jurisdiction where DPM has successfully operated since 2010. A June 2023 feasibility study completed by Osino outlined an open-pit project with a 13-year mine life and average annual ...

Hut 8 Corp. , one of North America's largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, has signed an interim agreement to build out and install mining operations in connection with the Celsius Network LLC bankruptcy proceedings at a site in Cedarvale, Texas. Once complete, the site will house approximately 66,000 miners and be powered by more than 215 MW of energy. "We believe that the strength of Hut 8's managed services business with 680 MW currently under management, coupled with our track record of swiftly standing up mining infrastructure and efficiently running and optimizing operations, were key factors in being chosen as the partners for this project," said Asher Genoot, President of Hut 8. "Our goal is twofold: to build...

Vancouver, December 18, 2023 - Inflection Resources Ltd. is pleased to announce it has completed four drill holes on its Carron Project in Northern Queensland, Australia. Summary Highlights: Four drill holes totalling 1,055 metres were recently completed on the Carron Project Drilling tested four separate aeromagnetic targets over an approximate 20 kilometre distance Three holes intercepted a number of orogenic lode quartz veins considered by Inflection to be similar to those found at the nearby Croydon Goldfields; The majority of the drilling was funded by a AUD$200,000 grant awarded by the Government of Queensland as part of the Government's Collaborative Exploration Initiative; and, All samples have been submitted for analysis and the results are pending. Alistair Waddell,...

Andean Precious Metals Corp. announces the appointment of Michele Ashby as an independent director effective January 2, 2024. With the appointment of Ms. Ashby, six of the seven directors serving on Andean's board of directors are independent. Ms. Ashby is currently the CEO & Founder of ACE LLC, a company that educates and trains women to attain corporate board positions. She also established the Denver Gold Group, a globally recognized international trade association, serving on its board for 17 years, including tenure as Founder and CEO. Subsequently, she founded and was CEO of MINE LLC from 2005 to 2013, encouraging collaborations between resource/energy enterprises and prominent investors across the US, Europe, UK and Canada. In 2022, Ms. Ashby was recognized as one of th...

Greenland Resources Inc. is pleased to announce that it received a positive renewable energy report from COWI A/S , on wind and solar power generation to further decarbonize the Malmbjerg Molybdenum Project . Utilization of renewable energy at the Project will also help the country with jobs and critical infrastructure and is aligned with the recently signed agreement between Greenland and the European Union on developing strategic sustainable raw materials projects and deploying infrastructure required to develop them. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231218685269/en/ Currently, approximately 50% of the total power consumption and decarbonization in the Project is solved with the use of the aerial ro...

Orla Mining Ltd. notes that the Panamanian Ministry of Commerce and Industry has rejected the requests for extension for the three mining concessions comprising the Company's Cerro Quema Project, declared the concessions cancelled and declared the area comprising the concessions to be a reserve area. While the Company regrets this decision by the Panamanian Government, the Company will continue to monitor developments in Panama, which remain uncertain and quickly evolving. However, until the Company has greater certainty with respect to the mining concessions, as well as fiscal and legal stability in Panama, the Company will not consider additional spending towards the development of the Cerro Quema Project. The Company will explore all legal remedies available to protect his...