Palamina Corp.'s equity/royalty partner Winshear Gold Corp. provided a return of capital of CDN$0.25 per share on December 8, 2023 to Winshear shareholders, resulting in a non-dilutive payment of $3,625,000 to Palamina. Palamina continues to own 14,500,000 common shares of Winshear representing 15.4% of their outstanding shares. "Post Winshear's return of capital to shareholders, both Palamina and Winshear hold in excess of $3M each to carry out meaningful drill programs in 2024. Palamina's Usicayos and Winshear's Gaban flagship gold projects are both located in the Puno Orogenic Gold Belt and fully permitted for drilling. Moving forward Palamina retains a 14,500,000 common share interest in Winshear, a 2% NSR royalty on all Winshear projects and holds a signific...

Kootenay Silver Inc. is pleased to announce the balance of drilling results from its 2023 diamond drilling program at Columba Silver Project in Chihuahua, Mexico. The program totals 12-holes for a total of 3,052.8 meters designed to extend known mineralization on the "D Vein" target area at Columba. The results contained herein represent the final two drillholes for 2023. Kootenay has completed over 30,000 meters in 147 holes since 2019 and the current drilling at D Vein target provides strong justification for resumption of work in the new year. Kootenay's President & CEO, James McDonald states, "This drill program has returned excellent results expanding on the size of high-grade D Vein silver mineralization. The zone is open in both strike directions and to depth exhibitin...

Targa Exploration announced the election of Mr. James Paterson, the new Chairman of the Board and Mr. Cameron Tymstra, CEO and President of Targa, to the Board of Directors at its latest annual general meeting held on Monday, December 11th. Mr. Tymstra has replaced Mr. Jon Ward as a director and Mr. Ward will remain as VP Corporate Development. "I'd like to thank Jon Ward for his hard work as a Director of Targa, steering the Company through its IPO in 2023 and bringing us to where we are today," commented Targa CEO, Cameron Tymstra. "I am grateful to have been elected to Targa's Board of Directors and am humbled and excited to be working alongside Jim Paterson, who is bringing decades of mining leadership and experience to the t...

Vizsla Silver is pleased to report results from 15 new drillholes targeting the "La Luisa" Vein located ~700 metres west of the Napoleon Area resource, at its 100%-owned flagship Panuco silver-gold project. Recently completed shallow drilling has confirmed the northern continuation of the Luisa structure, expanding its potential strike-length to 1,670 m. Highlights NP-23-419 returned 650 grams per tonne silver equivalent over 3.25 metres true width Including, 1,220 g/t AgEq over 0.62 mTW NP-23-397 returned 455 g/t AgEq over 3.55 mTW Including, 1,228 g/t AgEq over 0.70 mTW NP-23-420 returned 568 g/t AgEq over 2.80 mTW Including, 888 g/t AgEq over 1.46 m TW NP-23-401 returned 542 g/t AgEq over 1.35 mTW "The Luisa structure continues to grow laterally with n...

Nevada King Gold Corp. is pleased to provide an update on its Phase II resource expansion and definition drilling program at its 5,166 hectare , 100%-owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada. Highlights: Since inception of the Phase II Atlanta drill program in June 2022 Nevada King has completed 372 holes totaling 69,683m, which include 354 reverse-circulation holes totaling 67,760m and 18 core holes totaling 1,923m. Prior to initiating the Phase II program the Company completed 68 holes totaling 5,544m in its maiden Phase I program. To date, as part of its Phase II program, Nevada King has reported assays from 204 holes covering 35,915m with results from 168 drill holes totaling 33,768m currently pend...

Grid Battery Metals announces the completed soil sample results from the first phase of its fall exploration program at its Texas Springs Property near Elko Nevada. Background: Grid's Texas Spring Nevada Lithium Property The Texas Springs Lithium Property adjoins the southern border of the Nevada North Lithium Project - owned by Surge Battery Metals. Surge's first round of drilling identified strongly mineralized lithium bearing clays. The average lithium content within all near surface clay zones intersected in the 2022 drilling program, applying a 1000 ppm cut-off, was 3254 ppm. On September 12, 2023, Surge announced some exciting results of its most recent drilling program at this property, and recorded its highes...

Hole 5 returns 277 meters of 0.80 gpt gold Seabridge Gold reports today that its first drill program on the Snip North target at its 100% owned Iskut property in Northwestern British Columbia's Golden Triangle has found a new porphyry mineral system which was the aim of the 2023 program. The discovery consists of the intact, well-preserved upper parts of a copper-gold porphyry which identifies as an intermediate sulfidation epithermal occurrence. Work continues, using the drill hole data to vector towards the large intrusive source for the pervasive mineralization found to date. The program at Snip North was designed to evaluate historical drill data where it coincides with a northeast trending structural trend in which nearly all the significant mineral targets at the Iskut Project occur....

Murchison Minerals Ltd. is pleased to announce that, subject to all regulatory approvals, it intends to raise up to $1,500,000 in a non-brokered private placement , with the proceeds directed towards the Company's 2024 winter exploration activities at its 100%-owned BMK Zn-Cu-Ag project in Saskatchewan and working capital. . Pursuant to the Offering, the Company will issue Hard Dollar units at a price of $0.05 per HD Unit, and National flow-through units at a price of $0.055 per NFT Unit, in any combination to raise aggregate gross proceeds of up to $1,500,000. Each HD Unit will be comprised of one common share of the Company and one-half of a common share purchase warrant and NFT Unit will be comprised of one flow-through common share of the Company and one-half of a Warrant...

Laurion Mineral Exploration Inc. is pleased to announce that it has successfully completed the fall diamond drilling program and has thus concluded all its exploration objectives for its 2023 Exploration Program, which was previously announced in the Corporation's press release dated March 15, 2023. LAURION completed its fall drill program of 3,636 metres in 9 diamond drill holes and was successful in targeting the northeast and southwest extensions of the Sturgeon River Mine structure. The key objectives were to target the Number 1, 2 and 3 quartz veins and other quartz veins and shear structures encountered in the historic mining of the Sturgeon River Mine. LAURION has submitted all its drill core for assays to ALS Global Laboratories in Thunder Bay, Ontario and anticipates...

Canada One Mining is pleased to announce it has received results from SGS Labs for its Abitibi East Project near Timmins Ontario. Highlights 109 soil samples taken 100m line spacing and 50m sample spacing 3 areas of interest identified Anomalous ion levels of nickel, copper and silver ions encountered Anomalous levels of nickel ions were confirmed in an area previously explored for nickel Anomalous levels of copper ions were confirmed in an area previously discovered having copper mineralization These three areas will be the focus of follow-up Mobile Metal Ion survey work and electromagnetic surveys to define mineralization and provide drill targets for testing. Mr. Peter Berdusco, President and CEO of Canada One, commented: "We believe the results of this survey furthe...

Almaden Minerals Ltd. announces that it has delivered to the United Mexican States a Request for Consultations in accordance with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership relating to an investment dispute with Mexico. Almaden sent the Request for Consultations to Mexico's General Directorate of Legal Consultancy for International Trade . The investment dispute arises out of certain acts and omissions of Mexico in breach of the CPTPP relating to the Company's investment in the Ixtaca Gold-Silver Project . The Company has suffered substantial harm arising out of Mexico's conduct in breach of its investment protection obligations under the CPTPP, including : the Mexican Ministry of Economy's declaration that the Project's mineral titles were void;...

Tembo Gold is pleased to provide an update on the recently announced License Purchase Agreement of the Dora project. The Company is pleased to report that it has satisfied its obligations regarding payment terms of the purchase agreement, and the process of transferring the license has commenced. The Company expects the transfer to be completed during Q1 2024. The potential future resource growth within both the Imwelo mining licence and this PL, along strike extensions to known mineralization and at depth, provide confidence that an expanded production and longer life for the Imwelo project is likely. Once the transfer has been completed and funds are available, follow-up exploration, in particular drilling, will commence to upgrade the resource and provide additional ...

ATEX Resources Inc. is pleased to announce that is has completed drill hole ATXD-12A, the first hole, of its Phase IV drill campaign at the Valeriano Copper-Gold Project located in Atacama Region, Chile. Highlights include: Drill hole ATXD-12A targeting the Western Trend, intersected a 1,096 metre zone of copper mineralization from 906 metres downhole, including 638 metres of mineralized early porphyry from 1,267 metres . ATXD-12A confirmed the presence of EP along the Western Trend, 200 metres to the south of ATXD-11B* , reported March 30, 2023), where the Western Trend remains open along strike. Additionally, ATXD-12A expanded the Western Trend Porphyry contact by approximately 50 metres to the west. ATEX has also strategically added to its land position to the east of Valer...