Champion Electric Metals Inc. is delighted to announce that the Company has made a spodumene discovery from rock and till sampling at its James Bay lithium properties . Spodumene is the primary ore mineral in lithium pegmatite deposits. The ongoing exploration program, which began in spring 2023, included close to 700 rock samples and well over 300 till samples which were collected late this summer and fall 2023 . Current Highlights of 2023 Sampling Program: Angular spodumene boulders recovered from sample pit at the new Western prospect Till sample from the same site yielded >1,500 grains of spodumene No significant outcrop in the area or immediately up-ice Three large fractionation trends identified from rock geochemistry Western trend is in the vicinity of the Western p...

IAMGold Corp. is pleased to announce the filling of a Technical Report for the Company's Essakane Gold Mine. The primary objective of the Technical Report is to provide an updated Mineral Resource and Mineral Reserve estimate and an accompanying updated life of mine plan for Essakane. The Technical Report was prepared in accordance with the disclosure requirements of National Instrument 43-101 and has an effective date of September 30, 2023. The Technical Report is available on SEDAR at www.sedarplus.ca and on the Company's website at www.iamgold.com. Highlights of updated Technical Report Mine life extension to 2028, mining will occur from three remaining pit phases in the ...

Tembo Gold announces that further to its news release dated November 30, 2023, the TSX Venture Exchange has approved the Company's name change to Lake Victoria Gold Ltd. The Company's new trading symbol on the TSX-V will be "LVG". The effective date when the Company will begin trading under the new name and CUSIP number is Thursday, Dec 21st, 2023. The Company's new CUSIP number is 510915101 and the transfer agent of the Company continues to be Alliance Trust. There is no change in the capitalization of the Company in connection with the change of name and no action will be required by existing shareholders with respect to the name change. Shareholders holding share certificates of the Company can request a replacement certificate, however new certificates are no...

Xali Gold Corp. is pleased to advise that it has entered into a Rent to Purchase Agreement with a Mexican company, Grupo Minero WIYA to operate the San Dieguito de Arriba Plant in Nayarit, Western Mexico. The first payment of US$150,000 was received in full on December 14, 2023. As per the Xali Gold News Release dated July 13, 2023, the Company has been in negotiations with several local parties regarding operating the SDA Plant and has decided to move ahead with WIYA whereby: WIYA agrees to pay US$150,000 per month for 10 months. Upon completion of paying a total of US$1.5 Million within 12 months, WIYA will have the right to own the SDA Plant. In addition to making monthly payments, WIYA will be obligated to complete all repairs and permitting to get the SDA Plant into oper...

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...