Omai Gold Mines Corp. is pleased to announce the election of Mr. Derek Macpherson to the Board of Directors. The Company is also announcing the results from the Annual General and Special Meeting and the granting of incentive stock options to a director of the Company. Mr. Macpherson has over ten years of capital markets experience in mining, identifying investment opportunities, consulting on business strategy, and raising money for junior mining companies. For the last few years, he worked as a mining executive and director, prior to which he worked in capital markets as Mining Analyst and Investment Banker at both boutique and bank-owned investment dealers, primarily covering junior mining stocks. Previously he worked for six years as a metallurgist. Mr. Macpherson has a B...

Rupert Resources Ltd. announces that it has appointed Bill Washington as an Independent Non-Executive Director, effective immediately. In his role as an independent non-executive director Mr Washington will also sit on the Audit and Remuneration committees. The Company expects to make further changes to the Board in the New Year. Gunnar Nilsson, Chairman of Rupert Resources said "We are pleased to welcome Bill Washington as an Independent Director to the Board of Rupert Resources. Bill will add considerable investment banking and Canadian capital markets experience as we continue to progress the world class Ikkari Gold Discovery." Concurrent to his appointment, the Company furthermore announces that pursuant to the Company's Amended and Restated Equity Incentive Plan dated No...

Uranium Energy Corp. the "Company" or "UEC") is pleased to report, in accordance with NYSE American requirements, the filing of the Company's quarterly report on Form 10-Q for the quarter ended October 31, 2023 with the U.S. Securities and Exchange Commission . This Form 10-Q filing, which includes the Company's interim condensed consolidated financial statements, related notes thereto and management's discussion and analysis, is available for viewing on the SEC's website at http://www.sec.gov/edgar.shtml or on the Company's website at www.uraniumenergy.com. About Uranium Energy Corp Uranium Energy Corp. is the fastest growing supplier of the fuel for the green energy transition to a low carbon future. UEC is the largest, diversified North American focused uranium...

Four directional holes drilled into the Apollo Porphyry System have expanded the wireframed envelope to the southwest, intercepted high-grade mineralization at the deepest vertical depth drilled to date and improved upon the grade profile below 1,500 metres elevation in a sparsely drilled area. APC70-D4 intersected 389.45 metres @ 1.36 g/t gold equivalent up to 935 metres below surface with the final 21.8 metres of this intercept grading 4.41 g/t gold equivalent. APC70-D4 has locally extended the system by 100 metres to the southwest and intercepted the deepest mineralization ever encountered at Apollo. APC70-D1, which was drilled to the south across the Apollo system at a near true angle, intersected 199.40 metres @ 1.65 g/t gold equivalent, including 26.5 metres @ 3.48 g/t gold equivalen...

Ophir Gold is pleased to announce it has entered into an Option with Azimut Exploration to acquire up to an undivided 70% interest in the Pilipas Lithium Property. The Pilipas Property consists of 135 claims totaling 7,100 ha and is situated within the La Grande Subprovince. It is primarily underlain by volcano-sedimentary rocks of the Lower Eastmain Greenstone Belt: conglomerate, sandstone, basalts and felsic to intermediate tuffs. Two regional NW-SE dextral faults transect the southwestern and northeastern parts of the Property. The Property is immediately adjacent to the newly discovered Ninaaskumuwin spodumene pegmatite made by Quebec Preci...

Heliostar Metals Ltd. is pleased to announce the successful completion of the Company's warrant exercise incentive program, as previously announced on November 14, 2023 . A total of 17,581,544 common shares in the capital of the Company were issued upon the exercise of 17,581,544 previously outstanding share purchase warrants , providing aggregate gross proceeds of $5,274,463.20 to the Company. For every Outstanding Warrant exercised, the holders of such Outstanding Warrant received the one Common Share to which they were otherwise entitled under the terms of the Outstanding Warrants and one-third of one common share purchase warrant . Each whole Incentive Warrant will allow the holder to acquire one Common Share at an exercise price of $0.40 for a period of two years followi...

Greenland Resources Inc. is pleased to announce that the European Union and the Government of Greenland signed on November 30, 2023 a strategic partnership to help the development of sustainable raw materials projects and to deploy infrastructure required to develop them. The partnership is in line with the Global Gateway strategy, a key EU initiative for investments in high quality projects, through which Team Europe is planning to mobilize up to €300 billion. A press release of the strategic partnership can be found in: https://europa.eu/newsroom/ecpc-failover/pdf/ip-23-6166_en.pdf. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211950875/en/ Subsequent to that, by invitation of the Executive Vice-Preside...

HIGHLIGHTS: Assay results from 9 of 22 holes of a recently completed 4,000m diamond drill program at the Cowley Park Prospect . Significant intercepts include: CPG-017: 26m @ 1.49% Cu & 368 ppm Mo from 98m including 15m @ 2.36% Cu & 421ppm Mo from 104m and 4m @ 7.75% Cu & 686 ppm Mo from 110m. CPG-023: 13m @ 2.06% Cu and 1071 ppm Mo from 38m and 8m @ 1.05% Cu 513 ppm Mo from 79 m CPG-011D1: 58m @ 0.74% Cu & 1,245 ppm Mo from 81m, Including: 8m @ 1.65% Cu, 1,905 ppm Mo from 87m 12m @ 1.12% Cu & 605ppm Mo from 105m CPG-015: 7m @ 1.45% Cu from 52m & 2m @ 3.77% Cu from 55m 10m @ 1.23% Cu & 319ppm Mo from 204m CPG-016: 58m @ 0.62%Cu from 57m, Incl. 7m @ 1.99 % Cu & 867 ppm Mo from 78m The interval of 10m @ 1.23% Cu from 204m in CPG-015 is the first hole into a new discovery zone only 50m to the...

Medaro Mining Corp. is pleased to announce that it has entered into a letter of intent with respect to an option for Eureka to acquire from Medaro Mining Corp. a 100% undivided interest in and to the mineral claims comprising the Optionor's Lac La Motte ‎Project in the mining area of Abitibi, Quebec , subject to a 1% net smelter returns royalty in favor of the Underlying Owner . Figure 1: Lac La Motte Drill Hole Location Map To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8279/190432_8ccc1d7a84438a9a_001full.jpg Medaro's CEO Michael Mulberry stated, "We are excited to welcome a partner of the stature of Eureka Lithium Corp. to further develop the Lac La Motte project. I know they are committed an...

/Not for dissemination in the United States or for distribution to U.S. wire services/ Group Eleven Resources Corp. is pleased to announce a non-brokered private placement of 12,500,000 units of the Company at a price of $0.12 per Unit for gross proceeds of $1,500,000. All currency in this news release is denominated in Canadian dollars. Each Unit will consist of one common share in the capital of the Company and one-half of one non-transferrable common share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company for a period of 24 months from the date of issue at an exercise price of $0.18 per Warrant Share. The Private Placement will be made available to subscribers pursuant to the accredited investor an...

Carlyle Commodities Corp. is pleased to announce that the Company has commenced its Phase 2 Drilling program at its 100% owned Newton Gold Project near Williams Lake, British Columbia. The Newton Gold Project is a low sulphide epithermal system. The system remains open in multiple directions, within a highly prospective land package that is workable year-round. The Company's Phase 2 drill program intends to test high priority targets, with an aim to increase the understanding of the Company's current National Instrument 43-101 - Standards of Disclosure for Mineral Projects inferred mineral resource calculation for the Newton Gold Project. The focus will test near surface targets including geochemical gold anomalies, open mineralization, and mineralized volcanic and intrusive ...

VAL-D'OR, QC, Dec. 11, 2023 /CNW/ - We are proud to share the highly promising results of the maiden mineral resource estimate for our Adina Lithium Project , located in the Eeyou Istchee James Bay region of Quebec. This first MRE of 59Mt at 1.12% Li2O confirms the exceptional lithium potential of our claims and confirms Winsome Resources' place among the world's major lithium players. This MRE positions Winsome as one of the top 5 lithium projects in Quebec, among the top 10 in North America, and globally in the top 20. "The announcement of our maiden MRE marks a significant milestone for the Adina Lithium Project and is an historic moment for Winsome Resources. Just over a year ago, our first sampling expedition began at Adina, and it is a remarkable achievement by our exploration team t...

- On October 23, 2023, Silver Spruce Resources Inc. announced that on October 13, 2023 it had entered into an amendment to the Option Agreement dated September 7, 2021 on its Newfoundland properties, as further amended on December 1, 2023 . Under the terms of the Amended Option Agreement, upon mutual agreement of the Company and the third party vendors , the Company can satisfy part of the cash component of the consideration payable to the Vendors on the 2nd anniversary of the Option Agreement by the issuance of common shares of the Company at a deemed price of $0.01 per share to the Vendors. As a result, the second anniversary option payment will now consist of $50,000 cash and the issuance of 3,750,000 common shares of the Company to the Vendors of which 2,500,000 common sh...