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Brandenburg's Ministry for Economic Affairs, Labour and Energy has issued an LOI committing up to 90 million EUR in grants for Rock Tech's Lithium Converter in Guben. Additionally, the Federal German Railway Authority has offered the prospect of up to 10 million EUR of public funding to support the construction of train loading and unloading infrastructure. The subsides will be paid out over the construction period as non-dilutive equity grants. Payout is contingent on finalization of full equity and debt financing. In addition, the application process for up to 400 million EUR of federal guarantees to support Rock Tech's debt financing is ongoing. Rock Tech Lithium Inc. is pleased to announce that it has received a binding letter of intent signed by the Minister for Economic...

Quebec Precious Metals Corp. congratulates Ophir Metals Corp. on their discovery announced on June 25, 2024, of spodumene pegmatites in pegmatite dykes at Pilipas in the Eeyou Istchee James Bay territory in Quebec. Ophir's discovery is located approximately 3.7 km northwest of its Ninaaskuwumin spodumene pegmatite its 100%-owned Elmer East project on the trend of this discovery . At Ninaaskuwumin, QPM reported assay values from the nine samples from the discovery outcrop range from 1.10% to 3.92% Li2O . Based on the lithium assays and the fractionation level of the pegmatitic material, derived from the pXRF K-Rb ratios for muscovite and K-Feldspar, the surface mineralization has the potential to extend along a NW-SE 3.8 km-long trend. The results for the Ophir's...

Goldflare Exploration Inc. announces a private placement offering presented to eligible investors, at a price of $0.015 per unit common share at a price of $0.015 + one warrant allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 36 months following the closing of the Placement) . The anticipated gross proceeds of the offering are expected to be between $50,000 and 100,000$, which represent between 3,333,333 and 6,666,666 units. The second private placement offering presented to eligible investors, at a price of $0.02 per unit flow-through share at a price of $0.02 + one warrant allowing the holder to acquire one common share at a price of $0.05 per share, for a period of 12 months following the closing of the Placement). The anticipa...

CoTec Holdings Corp. is pleased to announce the completion of an initial Mineral Resource Estimate and positive Preliminary Economic Assessment for the Lac Jeannine Iron Tailings Project. The PEA was prepared by independent experts Addison Mining Services, Soutex, JPL GeoServices and other independent experts. The highlights of the MRE and PEA are as follows: Initial Inferred Mineral Resource of 73 million tonnes at 6.7% total Fe for 4.9 Mt of contained total Fe Identified tailings material surrounding the Inferred Mineral Resource , if confirmed by drilling and analysis, could potentially add 50 to 70 Mt to the Project Total Fe grade in the Project schedule reduces from approximately 8.4% total Fe to 7.0% total Fe in the first 3.5 years of productio...

Neotech Metals Corp. is pleased to announce that effective June 27, Jared Galenzoski has been appointed as Vice President Exploration for the Company. Reagan Glazier, CEO and Director stated, "I am delighted to welcome Jared Galenzoski to the Neotech team as VP Exploration as well as the Company's Qualified Person under National Instrument 43-101. Jared is a highly accomplished executive with extensive leadership experience in mining and exploration. His experience and reputation will be leveraged to help develop our projects and we look forward to his valuable contributions as we advance toward becoming a household name in the Rare-Earth industry." Mr. Galenzoski has an extensive background in mining and exploration in both North and South America. His diversified resume inc...

First Atlantic Nickel Corp. is delighted to welcome Dr. Ron Britten, a world-renowned nickel expert with a specialty in awaruite, as a Technical Advisor for the Company's wholly owned Atlantic Nickel Project located in Newfoundland, Canada. Dr. Britten's expertise in nickel deposits is exemplified by his discovery of the Decar awaruite project in British Columbia. His deep understanding of this unique nickel mineralization will be invaluable to First Atlantic's exploration and development efforts. The Company is also pleased to announce the appointment of Mr. Rahim Kassim-Lakha, a global investment and capital markets professional, as a Strategic Advisor. These strategic additions to the advisory team, effective immediately, position First Atlantic to lead the charge in explo...

ST. JOHN'S, NL / ACCESSWIRE / June 27, 2024 / Vulcan Minerals Inc. , is pleased to provide the following exploration update on its 100% owned Carbonear project in eastern Newfoundland. Highlights: Significant zinc and lead soil geochemical anomalies identified Gravity survey completed in two test areas with positive results Historic core resampled Soil Geochemistry The Company completed an extensive soil geochemical program in 2023 in addition to a 2022 soil program. Sampling was primarily focussed along a magnetically anomalous zone in favourable structure as identified from high resolution airborne magnetic and LIDAR surveys completed by the company in 2022. All samples reported were analysed by SGS Canada Inc. The areas of primary interest are located within the 2023 soil ...

Nexus Uranium Corp. is pleased to announce the commencement of fieldwork at the Cree East uranium project in the Athabasca Basin of Saskatchewan, Canada . Nexus has the right to earn up to a 75% interest in the Project from CanAlaska Uranium Ltd. . Mobilization for the upcoming program is anticipated to commence in the first week of July with the initial focus on relogging and recompiling the data from the historical drilling in preparation for the upcoming drill program, pending the receipt of final permits. "We are excited to get up to site and commence initial fieldwork in preparation for the start of our drill program," commented Jeremy Poirier, CEO of Nexus Uranium. "While this project has seen over $20 million in past exploration, it's been over twelve year...

Fortitude Gold Corp. announced it has made a gold discovery at its Intrepid property located in Mineral County, Nevada. The Company intercepted 1.21 grams per tonne gold over 27.43 m, including 6.10 m grading 2.01 g/t gold. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, offering investors exposure to both gold production and dividend yield. The Intrepid property fits well into the Company's hub and spoke approach to operations. Located within close trucking distance, Intrepid sits between the Company's East Camp Douglas property and its Isabella Pearl operations, approximately 14 miles from the latter. "It is exciting to intercept 1.2 grams per tonne gold over an extended interval of 27 meters which included over 6 meter...

Forte Minerals Corp. is pleased to announce the closing of its previously announced non-brokered private placement. The Offering was initially set for 7,500,000 units but, due to high demand, was oversubscribed, resulting in the issuance of 8,953,000 units at a price of CAD $0.20 per unit for aggregate gross proceeds of CAD $1,790,600. Each unit in the Offering consisted of one common share and one-half of a common share purchase warrant . Each Warrant entitles the holder to purchase one additional common share at an exercise price of CAD $0.30 per Warrant Share until June 26, 2026. All securities issued in connection with the Offering are subject to a statutory hold period expiring on October 27, 2024. The Company paid cash finder's fees totaling $86,736.00 and issued 43...

Vast Resources Plc / Ticker: VAST / Index: AIM / Sector: Mining 27 June 2024 Vast Resources plc Update regarding Debt Funding from A & T Investments SARL Vast Resources plc, the AIM-listed mining company, announces that it has received a Notice of Acceleration and Enforcement in relation to the Debt Facility . The Notice given is to the effect that if the outstanding debt of $5,820,000 is not repaid in full by 26 September 2024 it will then enforce the security given to Alpha by a third party which party would in turn have recourse to Vast. At the time the third party security was provided, the asset was valued at more than the debt due to Alpha. The Notice also declares that the Debt be immediately due and payable by Vast and is thereby demanded. Alpha has informed the Compa...

CMC Metals Ltd. is pleased to announce that the Company has completed the final payment on the Blue Heaven Property with the optionor Strategic Metals Ltd. and as a result is now an 80% owner of the Property. The original final payment of the option agreement was amended and subsequently a payment of 5,000,000 common shares at a deemed price of $0.03 per share, with a four month hold period, was provided to Strategic as the final payment for the Property. The Blue Heaven Property comprises of 118 claims that are contiguous to the Company's Silver Hart Project in south-central Yukon. Blue Heaven is characterized with 13 mineralized areas and 36 showings many of which are yet to be evaluated by the Company. A brief program in 2022 extended previous trenching at the...

Hertz Energy Inc. . Further to the Company news release of June 4, 2024, Hertz Energy is pleased to announce that after a review by the Company along with its board and advisors, it has made the decision to pursue a reorganization of its Cominco Uranium Project in Nunavut, Canada and its Namibian Uranium Exclusive Prospecting License Applications into a stand-alone entity to be named Hertz Uranium . The Company views the Spin-Out into a stand-alone vehicle as the preferred route to generate value for Hertz Energy and its shareholders from the continued development of the Uranium Assets. The re-structuring of the Uranium Assets ownership is well advanced, and the Company anticipates being in a position to finalize the terms of the Transaction in the coming months. Hertz Energy...