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...

Rover Metals is pleased to announce that the NI 43-101 Technical Report for the Cabin Lake Gold project, is nearing completion. The Company is incorporating three years of exploration data and drill programs into the Cabin Technical Report. The Company anticipates that the report will be available the in the middle of Q1-2024. Cabin Lake Gold Project On Nov 24, 2020, the Company reported multiple high-grade gold drill intercepts. Highlights of this release included drill results from the Arrow Zone at Cabin Lake of: Hole ID From To Length Au g/t CL-20-08 17.5m 49.4m 31.9m 13.66 g/t Au CL-20-01 24.6m 46.6m 22.0m 7.94 g/t Au CL-20-03 41.2m 54.8m 13.7m 6.97 g/t Au CL-20-06 13.1m 20.5m 7.49m 7.55 g/t Au For a full copy of the release cli...

Kalo Gold Corp. is pleased to provide an update on the ongoing 2023 Phase 3 exploration program at its flagship 100% owned Vatu Aurum Gold Project , Republic of Fiji. Field exploration work completed to date in 2023 has resulted in a significant and improved understanding of the geological setting of the epithermal gold mineralization at Vatu Aurum and has confirmed the district-scale gold potential. Importantly, the Company has documented widespread sinters that will provide an important vectoring tool for gold discoveries. Furthermore, the alteration distribution associated with the most advanced target on the Project, the Qiriyaga Hill Prospect, indicates a shallow level of erosion of the epithermal systems of between 50 meters to 100 m, implying that the precious metal-be...

Caledonia Mining Corporation plc announces that it received notification on December 8, 2023 from BlackRock, Inc. that on December 7, 2023 it had crossed a threshold for notification of a relevant change . A copy of the notification is below. Enquiries: Caledonia Mining Corporation plc Mark Learmonth Tel: +44 1534 679 800 Camilla Horsfall Tel: +44 7817 841 793 Cavendish Capital Markets Limited Adrian Hadden Tel: +44 207 397 1965 Pearl Kellie Tel: +44 131 220 9775 Liberum Capital Limited Scott Mathieson/Kane Collings Tel: +44 20 3100 2000 BlytheRay Financial PR Tim Blythe/Megan Ray Tel: +44 207 138 3204 3PPB Patrick Chidley Tel: +1 917 991 7701 Paul Durham Tel: +1 203 940 2538 Curate Public Relations Debra Tatenda Tel: +263 77802131 IH Securities Limited Lloyd Mlotsh...

Boron One Holdings Inc. , a company dedicated to the decarbonization of Planet Earth through the responsible utilization of its wholly-owned boron assets, is delighted to announce that its amended Geological Elaborate for its Piskanja Boron Project, has received approval from the Serbian Mining Ministry's Independent Commission of local mining experts, as a requisite step in the mineral exploitation licensing process. In accordance with Serbian mining regulations, the Commission's approval of the Elaborate was required for the Mining Ministry to issue a "Certificate of Reserves" to the Company. Upon receipt of the Certificate of Reserves, the Company's recently completed Serbian-compliant Feasibility Study and other ancillary documentation will be submitted to the Mining Mini...

Empress Royalty Corp. is pleased to report that it has closed the US$28.5M Accordion Credit Facility agreement with Nebari Gold Fund 1, LP and Nebari Natural Resources Credit Fund II, LP as announced on December 5, 2023. The Company's initial draw of approximately US$3.5M loan under the Credit Facility is now funded. In accordance with the terms of the Credit Facility, on drawdown of the Initial Loan the Company issued 3,104,513 common share purchase warrants to Nebari. Each Bonus Warrant is priced at $0.31 and is exercisable into one common share of the Company for a period of three years from the drawdown of the Initial Loan. The Bonus Warrants are subject to a four-month plus one day hold period. The Credit Facility allows for the issuance of additional Bonus Warrants to N...