Filo Corp. is pleased to provide an update on its exploration strategy for 2024 at the Filo del Sol Project in San Juan, Argentina. View PDF Version 2023 HIGHLIGHTS Drilling successfully continued at Filo del Sol year-round, with improved hole completion rates, consistent drill productivity, and an outstanding safety record. With over 34,000 meters drilled through the end of November, our 2023 program is on track to exceed our plan. The focus this year was drilling within the Aurora Zone and connecting the gap that previously existed between Aurora and Bonita. In addition to producing some of our best ever drill intersections, drilling at Aurora refined our geological interpretation and improved our understanding of the deposit, leading to the development of a 3D deposit model. Step-out ho...

Ximen Mining Corp. announces information from its eighth drill hole at the Amelia Gold project in Camp McKinney near Rock Creek in southern BC. Photo of drill being moved to next drill site. Ximen has now drilled eight holes to test the extension of the historic Cariboo-Amelia gold mine in Camp McKinney in the Greenwood Mining Division, BC. The Cariboo-Amelia mine was BC's first dividend paying gold mine. Over its 68-year history, the mine produced 81,602 ounces of gold and 32,439 ounces of silver from 112,254 tonnes milled . The mine is situated within a 4-kilometer system of gold-quartz veins and historic workings. View of 3D model of Cariboo mine showing vein blocks and current drill holes. Hole AM23-08 intersected the extension of the McKinney vein beneath the eastern end...

NexGen Energy Ltd. announced today that it has updated its at-the-market equity program to offer and sell up to C$500 million of common shares from treasury . Sales of Common Shares, if any, will be made pursuant to the terms of an equity distribution agreement dated December 11, 2023 among the Company, Virtu ITG Canada Corp., as Canadian agent, and Virtu Americas, LLC, as U.S. agent , on the TSX and/or the NYSE, and/or any other marketplace for the Common Shares in Canada or the United States or as otherwise agreed between the Agents and the Company. The volume and timing of sales under the ATM Program, if any, will be determined in the Company's sole discretion, and at the market price prevailing at the time of each sale, and, as a result, sale prices may vary. The ATM Prog...

Gold Resource Corp. is pleased to announce the results of one of its recent step-out exploration drill holes from its 150-hole, 34,000-meter, 2023 drill program at Don David Gold Mine . Hole 523136 shows a width of 17.3 meters grading 12.54 g/t Au/Eq1, which includes 9.4 g/t Au and 263 g/t Ag . The exceptional width and grade appears to occur at the confluence of two veins that are part of the Gloria and Three sisters vein arrays in the upper portion of the Mine, located approximately 250 meters below surface. The program has been testing this previously unexplored area of the deposit in order to discover and delineate potentially high-grade resources that are more easily accessible. To date, the results have been very encouraging and will be incorporated into a 2023 year-end ...

Independence Gold Corp. is pleased to announce that it has closed the non-brokered private placement announced November 15, 2023 and increased on November 16, 2023 . The Company issued 5,402,780 units at a price of $0.18 per Unit for proceeds of $972,500.40 , and 9,041,664 flow-through common shares and together with the Units, the "Securities") at a price of $0.18 per FT Common Share for proceeds of $1,627,499.52 , for total proceeds of $2,599,999.92 under the Offering. Each Unit consists of one common share and one-half of one common share purchase warrant . Each whole warrant is exercisable into one common share in the capital of the Company at an exercise price of $0.24 per common share for a period of 24 months from the date of issue. The Company paid aggregate cash find...

West Oak Gold Corp. is pleased to announce that further to its news release dated November 27, 2023, it has filed an updated version of the offering document related to the LIFE Offering component of the non-brokered private placement financing of up to 6,410,000 units of the Company at a price per Unit of C$0.05 for aggregate gross proceeds of up to approximately C$320,500. Each Unit shall consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant shall be exercisable to acquire one additional common share in the capital of the Company at an exercise price of C$0.05 for a term of three years from the date of issuance thereof. Subject to compliance with applicable regulatory requirements and in accordance with National Instr...

Raiden Resources Ltd. is pleased to announce that it has secured a 100% interest of LCT and Ni-CuPGE mineral rights over the Mt Sholl project. Mr Dusko Ljubojevic, Managing Director of Raiden commented: "This transaction not only provides the Company with 100% exposure to the potential LCT mineralisation on the project, in what has become an emerging LCT district and where the Company has recently demonstrated the potential for lithium mineralisation by defining multi-kilometre lithium in soil anomalies, but also provides the Company with 100% exposure to the Mt Sholl Ni-Cu-PGE deposit. While management has recently focused on lithium exploration throughout its portfolio in the Pilbara, we believe that the Mt Sholl Ni-Cu-PGE deposit represents significant potential to unlocki...

Deep Yellow Ltd. is pleased to announce an update of costs and forecast financial outcome for its flagship Tumas Project . The Tumas Definitive Feasibility Study announced in February 2023 was undertaken during a period of significant inflationary and supply logistical volatility. As Deep Yellow continues to develop the Project with a Final Investment Decision expected in Q3 2024, a Re-Costing Study to reassess capital expenditures and operating expenses , and a marketing reappraisal were undertaken with positive results. HIGHLIGHTS - Base case uranium price increased conservatively to US$75/lb U3O8 from US$65/lb U3O8 to recognise continued strengthening uranium market conditions - The US$75/lb U3O8, post-tax NPV8 increases by 68% to US$570.0M with an IRR of 27.0% - Re-Costing...

Euro Manganese Inc. welcomes the proposal by the European Commission and recent remarks made by Executive Vice-President Maroš Šef?ovi? on financial support for European producers of electric vehicle batteries. Euro Manganese especially supports the approach for a dedicated budget which will prioritise the best performers in sustainability, traceability, and circularity. Starting in 2024, up to €3 billion in funding is proposed to be provided via the Commission's Innovation Fund to incentivize investment in the European Union's battery manufacturing capacity. The Commission intends to set up a dedicated instrument under the Innovation Fund to provide support, possibly as a fixed premium to European manufacturers of the most sustainable batteries, creating i...

Euro Manganese Inc. welcomes the proposal by the European Commission and recent remarks made by Executive Vice-President Maroš Šef?ovi? on financial support for European producers of electric vehicle batteries. Euro Manganese especially supports the approach for a dedicated budget which will prioritise the best performers in sustainability, traceability, and circularity. Starting in 2024, up to €3 billion in funding is proposed to be provided via the Commission's Innovation Fund to incentivize investment in the European Union's battery manufacturing capacity. The Commission intends to set up a dedicated instrument under the Innovation Fund to provide support, possibly as a fixed premium to European manufacturers of the most sustainable batteries, creating i...

Comet Lithium Liberty property located less than 700 meters from known mineralization. ROUYN-NORANDA, QC, Dec. 11, 2023 /CNW/ - Comet Lithium Corp. congratulates Winsome Resources Limited on the maiden Mineral Resource Estimate at its wholly-owned Adina Property , located in the Eeyou Istchee James Bay region of Québec and directly adjacent to Comet Lithium's Liberty property . The MRE at Adina has established it as one of the largest lithium pegmatite mineral resource in the Americas, returning 59 million tonnes at 1.12% Lithium Oxide of Inferred Resources, at a cut-off grade of 0.6% Li2O, for a total of 1.62 million tonnes contained lithium carbonate equivalent. The MRE is based on 27,600 meters of drilling at an approximate spacing of 100m x 100m. As reported by Winsome, i...

VANCOUVER, BC, and HOUSTON, Dec. 11, 2023 /CNW/ - International Battery Metals Ltd. , is pleased to announce the appointment of Libor Michel to serve as Co-Chief Executive Officer, along with Garry Flowers, and Douglas Smith as Chief Financial Officer, effective immediately. Mr. Michel has decades of experience as a strategic advisor to companies in the energy and energy transition sectors, raising substantial capital and driving transformative acquisition transactions. Mr. Michel joins us after a successful investment banking career at Stifel and Jefferies in their Houston offices. Mr. Flowers will continue to lead the day-to-day operations and oversee the construction, mobilization and operation of the Company's current and future production facilities. Mr. Michel's primary...

Metal Energy Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of $630,000.00. Proceeds will be used for an upcoming program on Metal Energy's SourceRock Lithium Brine Project. About Metal Energy's SourceRock Project SourceRock is highly prospective for lithium brines in the Thunder Bay-Nipigon area of northwestern Ontario. The Project is exceptionally large, covering 913 square kilometres within an area measuring approximately 10 to 20 km wide by 95 km long , a size equivalent to the second largest Li producing jurisdiction in the World; Chile's Salar de Atacama's Central Salt Belt. The Project has excellent access to infrastructure and capacity that has supported previous exploration programs and mine deve...