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...

Saville Resources announces that it intends to complete a consolidation of its issued and outstanding common shares on the basis of one new Share for every twenty currently-outstanding Shares. It is anticipated that the Consolidation will reduce the number of outstanding Shares from 101,846,567 Shares to approximately 5,092,328 Post-Consolidated Shares, subject to adjustment for rounding. The board of directors of the Company believes that the Consolidation will both enhance the marketability of the Company as an investment and better position the Company to raise the funds necessary to execute the Company's business plan. The Consolidation is subject to approval by the TSX Venture Exchange . The Company does not intend to change its name or its current trading symbol i...

Royal Gold Inc. announced today that management will present in the live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. Alistair Baker, Vice President Investor Relations and Business Development, will present on Wednesday, December 13 at 12:00 p.m. EST , and access to a replay of the event will be available on our website the week of December 18 or may be accessed on the Renmark Financial Communications Inc. website at https://www.renmarkfinancial.com/vndrs. REGISTER HERE: https://www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-nasdaq-rgld-2023-12-13-120000 To ensure smooth connectivity, please access the link above using the latest version of Google Chrome. Corporate Profile Royal Gold is a precious metals stream and royalty ...

Silver Bullet Mines Corp. announced on December 8, 2023 it had begun processing a bulk sample of mixed mineralized material from Zone1 at the Buckeye Silver Mine. SBMI is pleased to announce it has successfully completed processing that bulk sample of 40 tons , in less time than expected. The purposes of processing the bulk sample were to confirm the high grade nature of Zone1 and its recovery rates, and to confirm the mill's ability to process a large amount of material from Zone1. Processing was successful on all counts. The concentrates averaged 24.2 ounces per ton silver. The high grade line on the shaker table assayed at 334 ounces per ton recovered and to the field team's visual observations showed native silver. Silver mineralization on shaker table Dec 10, 2023 To vie...

Tocvan Ventures Corp. , is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement of Units for gross proceeds of $306,150 . The Offering of the second tranche consisted of the issuance of an aggregate of 680,333 Units at a price of $0.45 per Unit. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Common Share in the capital of the Company at a price of CAD $0.60 for a period of 24 months from the closing of the Offering, subject to the accelerated expiry provisions described in the notes below. In connection with the Offering, the Company paid aggregate cash commissions to arm's length fin...

Reunion Gold Corp. wishes to comment on the border controversy between the Co-operative Republic of Guyana and the Bolivarian Republic of Venezuela following a consultative referendum held last week in Venezuela. The internationally recognized border between Guyana and Venezuela was established on October 3, 1899 by an arbitration panel. In 1962, Venezuela claimed that the decision was invalid. Guyana has brought this matter before the International Court of Justice in 2018 asking the Court to confirm the 1899 Arbitral Award. The recent escalation of Venezuela claims over what is referred to as the Essequibo region is widely attributed to recent oil discoveries by ExxonMobil and other companies in offshore areas intersecting the Essequibo ...

London, 11 December 2023 - Endeavour Mining Plc announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. Aggregated information Dates of purchase: 08 December 2023 Aggregate number of ordinary shares of USD 0.01 each purchased: 54,939 Lowest price paid per share : 1,774.00 Highest price paid per share : 1,800.00 Volume weighted average price paid per share : 1,790,42 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 245,588,765 ordinary shares in issue. Therefore the total voting rights in the Company will be 245,588,765. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which th...

Paris, 11 December 2023, 6:00 p.m. PRESS RELEASE Eramet: Purchase of own shares Eramet announces the purchase of 10,000 of its own shares related to the allocation of bonus shares under the provisions of Articles L. 225-197-1 et seq. and L. 22-10-59 and L. 22-10-60 of the French Commercial Code . Aggregated presentation per day and per market Name of issuer Identification code of issuer Day of transaction Identification code of financial instrument Aggregated daily volume Daily weighted average price of the purchased shares * Market ERAMET 549300LUH78PG2MP6N64 04/12/2023 FR0000131757 2 71.15 AQEU ERAMET 549300LUH78PG2MP6N64 04/12/2023 FR0000131757 116 69.91 CEUX ERAMET 549300LUH78PG2MP6N64 04/12/2023 FR0000131757 1,882 70.53 XPAR ERAMET 549300LUH78PG2MP6N64 05/12/2023 FR0000131757 13 68.95...