Rise Gold Corp. announces that it has completed the second and final tranche of the non-brokered private placement announced in its October 31 and November 8, 2023 news releases . The Company raised a total of US$967,957 through the sale of 5,377,541 units. The Company previously announced the first closing of the Financing on November 7, 2023, for a total of US$584,358 through the sale of 3,246,431 units. The Company has closed a second tranche of the Financing. In this tranche, the Company raised a total of US$383,600 through the sale of 2,131,110 units at a price of US$0.18 per Unit , with each Unit comprising one share of common stock and one-half of one share purchase warrant. Each whole warrant entitles the holder to acquire one Share at an exercise price of US$0.26 unt...

Kingsmen Resources Ltd. is pleased to report it has acquired ground magnetic coverage of the 100% controlled Las Coloradas project, located 30km from Hildago de Parral, Chihuahua, Mexico. Portions of the Soledad structure were mined by ASARCO , the U.S. based subsidiary of Grupo Mexico in the period 1944 to 1952. Kingsmen Resources, with the assistance of the vendors of the Las Coloradas claims, acquired ground magnetic data covering the entire Las Coloradas project area. The magnetic data and 2018 was acquired by two different companies neither of which controlled the entire Las Coloradas project area. The Company, through its Mexican subsidiary Leona Silver Exploraciones S.A. de C.V., commissioned the processing and interpretation of the magnetic data. Processing included th...

ArcWest Exploration Inc. is pleased to announce that a 3D induced polarization survey has commenced at its 100% owned Teeta Creek Project, northern Vancouver Island, British Columbia. Dias Geophysical has been engaged to complete an IP survey over an untested zone of stockwork porphyry copper-molybdenum-gold-silver mineralization delineated in 2022. The 2023 program, using Dias Geophysical's distributed array deep IP survey system, should provide the first modern, high quality, and high-resolution 3-D resistivity and chargeability model of the subsurface below the stockwork zone. The stockwork zone , situated at the lowest elevations on the property, is located within an approximately 400 m wide undrilled gap between the two best historical drill holes on the property. The Ga...

Freeport Resources Inc. is pleased to announce that Dr. Nathan Chutas, Senior Vice-President of Operations for Freeport Resources, and Tobias Kulang Thomas, Senior Advisor to the Company, will be attending the Papua New Guinea Resources and Energy Investment Conference, to be held December 10th to 13th 2023, in Sydney, Australia. Dr. Chutas will be presenting on Wednesday, December 13, during the afternoon Exploration Update session. Dr. Chutas and Mr. Thomas will be hosting one-on-one meetings during the conference and interested parties are invited to contact the Company directly at info@freeportresources.com. Freeport Resources is advancing its wholly-owned Yandera Copper Project located in the highly prolific Papua New Guinea Orogenic Belt, the same geological arc as some...

Mawson Gold Ltd. announces voting results at the Annual General and Special Meeting of Shareholders including shareholder approval of sale of Mawson Oy . Mawson shareholders voted in favor of all resolutions. Additionally, the Company reminds all Mawson shareholders that the Springtide private placement financing of approximately C$15 million , is now open on a pro-rata basis to Mawson shareholders. Highlights: Shareholders voted in favour of all resolutions at the Annual General and Special Meeting of Shareholders held on Thursday, December 7, 2023, in Vancouver, British Columbia , This includes voting in favour of a special resolution to approve the proposed sale of all of the issued shares and inter-company debt of its wholly-owned Finnish subsidiary, Mawson Oy, which holds...

TORONTO, Dec. 7, 2023 /CNW/ - The following issues have been halted by CIRO: Company: Avalon Advanced Materials Inc. TSX Symbol: AVL All Issues: Yes Reason: Pending News Halt Time : 8:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide a...

Highlights: 25 days of fieldwork exploration were completed over both properties. A total of 229 rock-chip samples were taken over the 2 properties and have been sent to ALS Laboratories for alkaline fusion assaying with results pending. An aeromagnetic, VLF electromagnetic and radiometric survey was flown over the entire claim group. Ground micro-gravity survey was completed over 0.8 to 1.2 km lines totalling 488 stations. Several pegmatite outcrops have been identified and sampled. Observation shows the potential to identify large pegmatites on Block C. Pegmatites are concentrated in 500-metre-wide swarms recognized over a kilometric strike length. Mineralogical and textural characteristics observed allow to link Block C pegmatites to the LCT type . The MegaLi project shares its border w...

Surge Battery Metals Inc. announces that on October 3, 2023, the Company entered into two mineral property purchase agreements to purchase a total twenty-five of the mineral rights to private lands comprising approximately 880 acres which Private Lands are located within the general boundaries of the Company's NNLP Project. The Company's news release dated October 3, 2023 contained additional details, including a map, of the Private Lands and their location. The first agreement, dated effective September 14, 2023 and later amended called for the Company to acquire a twenty-one point two five percent interest in the Mineral Rights underlying the Private Lands . Details of the Wilkins Family Agreement can be found in the Company's news release dated October 3, 2023. The closing...

European Energy Metals is pleased to report the results of its inaugural Phase 1 exploration program for LCT spodumene-bearing pegmatites on its Central Finland Lithium Project which spans over 250,000 hectares . Overall, the best results were obtained on the Nabba Reservation where several clusters of spodumene-bearing pegmatite boulders and boulder fields were identified during the program. Several prospective areas were also identified with anomalous to locally anomalous-grade lithium. A total of 1,099 rock chip samples were collected with the results discussed in manomalous detail below. "The inaugural exploration program was met with considerable success, having identified multiple areas with lithium mineralization," commented Jeremy Poirier, CEO of European Energy Metals. "The identi...

Kootenay Silver Inc. is pleased to announce results from an additional four holes of its current 2023 diamond drilling program at Columba Silver Project in Chihuahua, Mexico. The program is now complete and totals 12-holes for a total of 3,052.8 meters designed to extend known mineralization on the "D Vein" target area at Columba. Results from two remaining holes will be released once final data are received, verified, and interpreted by Kootenay. The current program brings the project total to over 30,000 meters drilled in 147 holes since 2019. Kootenay's President & CEO, James McDonald states, "We are very pleased with the current program which continues to intercept D-Vein with excellent grades and widths. Each hole to date has expanded the size of the zone. We have two mo...

Hummingbird Resources plc to Become a Control Person in Connection with Pasofino Gold's Consolidation of the Ownership of the Dugbe Gold Project Pasofino Gold Ltd. is pleased to announce that further to the news releases issued on November 1, 2022 and August 23, 2023, Pasofino has closed in escrow the consolidation of it's ownership interest and will on escrow release, own 100% of the Dugbe Gold Project . The consolidation is pursuant to Pasofino's exercise of its right under the option agreement to cause HB PLC to sell to ARX Resources Limited , a wholly owned subsidiary of Pasofino, HB PLC's 51% interest in the issued and outstanding shares of Hummingbird Resources Inc. , all shareholder loans made by HB PLC to HBL and all sums owed in consideration for services provided by...

Northcliff Resources Ltd. announces, further to its June 23, 2022 news release, that it has settled the fourth tranche of the $5,200,000 Loan 2 in the amount of $1,200,000 plus accrued interest by issuing 69,473,684 shares to Todd Sisson Limited . The Loan was approved by disinterested shareholders at the Company's extraordinary general meeting held on August 25, 2022. The drawdown date for the fourth tranche was December 2, 2022. Todd is a subsidiary of the Todd Corporation, the Company's largest shareholder. Todd now holds 439,058,144 shares or a 79.57% interest in Northcliff. About Northcliff Resources Ltd. Northcliff is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. Additional informa...

Summa Silver Corp. is pleased to announce the discovery of a new high-grade vein zone in final assay results from the recently completed drill program at the Hughes Project in Nevada . In addition, the Company has commenced its drill program at the Mogollon Project in New Mexico . Approximately 2,000 meters of drilling is planned across three new targets along the Queen Vein at the Mogollon Project. Hughes Project Discovery Highlights 392 g/t AgEq* over 3.0 m in a newly discovered vein-zone approximately 650 m east of the Ruby zones in hole SUM23-60 . Eastern Extension of the Tonopah Mining District: Three new discoveries were made in 2023 between 1.5 km and 4.7 km along strike from the historic Tonopah mining district. New Zones Open for Expansion: All new zones are open in ...