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  • Moon River Moly Ltd. is pleased to announce, that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of December 3, 2024, and is for four months and shall be automatically renewed for subsequent one month terms unless either party provides at least thirty days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other...
    05.12.2024
  • Cabral Gold Inc. is pleased to announce that it has filed a National Instrument 43-101 technical report led by Ausenco do Brasil Engenharia Ltda. for the Prefeasibility Study on the Gold-in-Oxide Starter Operation at the Cuiú Cuiú Gold Project in the Pará State, North-Central Brazil. The Report can be found under the Company's profile on SEDAR at www.sedar.com and on the Company's website. The results of the Prefeasibility Study were originally presented in a news release dated October 21, 2024, which is also available for review on SEDAR and on the Company's website. There are no material differences between the results announced in the news release and the results in the Report. About Cabral Gold Inc. The Company is a junior resource company engaged in the identification, e...
    05.12.2024
  • Mineral Road Discovery Inc. announces it has entered into an agreement to list AusVan Battery Metals Pty Ltd on the ASX via NewPeak Metals Ltd for a value of Aus$5 million, accelerating the path to produce Vanadium Redox Flow Batteries to support renewable energy grids. The AusVan Vanadium project consists of 6 exploration licences and 1 application, covering 1498 square kilometres 80 kms north of the town of Julia Creek in northwest Queensland, Australia, and hosts the Allaru Vanadium Deposit. Vanadium is a critical mineral, used to strengthen steel, and is also the key component of the electrolytes in Vanadium Redox Flow Batteries , used in industrial and utility-scale storage batteries. Jason Cubitt, CEO of ROAD noted, "This is another successful transaction for ROAD, demo...
    05.12.2024
  • Northisle Copper and Gold Inc. is pleased to announce that it has closed the previously announced brokered private placement, including the full exercise of the over-allotment option, for gross proceeds of approximately C$9.4 million . The Brokered Offering consisted of 10,836,000 common shares of the Company that qualify as "flow-through shares" of the Income Tax Act ) issued at a price of $ 0.646 per Charity FT Share, and 6,352,300 common shares of the Company issued at a price of $ 0.38 per Non-CFT Share . The Brokered Offering was conducted by a syndicate of agents led by Paradigm Capital Inc. as lead agent and sole bookrunner on behalf of Agentis Capital Markets Limited Partnership as co-lead and a syndicate of agents including Red Cloud Securities Inc. and Ventum Financ...
  • E2Gold Inc. will begin the next phase of drilling on its Hawkins Gold Project in North-Central Ontario with a 1,500 m drill program to test step-out targets at its McKinnon Zone Inferred Resource1. These include down-plunge targets below high-grade gold shoots within the McKinnon Zone as well as never-before-drilled high-grade surface prospects up to 3 km east along strike . Eric Owens, President and CEO, stated, "This low-cost drill program could lead to a significant increase in the footprint of the McKinnon Zone. We have already drilled well below the Inferred Resource, in 10 widely-spaced holes, and know that the gold-bearing zone continues to at least 700m depth. This next step will provide us with more information about the growth potential immediately below the resourc...
    05.12.2024
  • Omineca Mining and Metals Ltd. , is pleased to report that a second drill has been mobilized to accelerate the Wingdam lode gold exploration program currently underway in the Cariboo Mining District of south central British Columbia. The first 3 diamond drill holes were extended in length with the third hole currently underway at 550 meters. The second drill rig has commenced drilling hole number 4 across the Lightning Creek valley to the north. It is expected that given the encouraging sulphide mineralization evident in the first three holes that the entire program may be expanded in length with more targets added. Drill core is being logged and cut with some samples already prepared to ship for assay. Results will be reported as they are received and interpreted. The domina...
    05.12.2024
    von CNW
  • P2 Gold Inc. reports that it has entered into a definitive agreement signed December 4, 2024 to sell its Ball Creek Claims to Kingfisher Metals Corp. an arm's length party, on payment of $1 million, with $50,000 due on signing the Agreement and $950,000 due on the closing of the Transaction; and issuance of shares of Kingfisher having a value of $250,000, with the shares priced at the closing price of the shares on the TSX Venture Exchange immediately prior to an announcement of the Agreement. The Transaction remains subject to a number of conditions, including Exchange approval, and Kingfisher completing a private placement of at least $1 million. The closing of the Transaction is anticipated on or about February 28, 2025. No finder's fees are payable. The Comp...
    05.12.2024
    von CNW
  • Majority Ownership of Underexplored, Belt-Scale Gold Project in Western Australia Sarama Resources Ltd. is pleased to advise that it has completed the acquisition of a majority interest in the Cosmo Gold Project in Western Australia. This follows satisfaction of all outstanding conditions precedent and receipt of final securities exchange approval. The 580km² Cosmo Gold Projectcovers the entirety of the Cosmo-Newbery Greenstone Belt and is located approximately 85km north-east of Laverton in a region known for its prolific gold endowment . As one of the last effectively unexplored greenstone belts in Western Australia, the Project presents a unique and compelling opportunity for the Company. Highlights Sarama's President, CEO & MD, Andrew Dinning commented: "We are very pleas...
    05.12.2024
  • Leocor Gold is pleased to provide an update on its upcoming drill campaign at the Baie Verte project, an approximately 2,000-ha contiguous exploration package. On Monday, Dec 2nd, Leocor's geological team, led by Resourceful Geosciences, and the dill crew, visited the target drill sites located at the Copper Creek and Dorset Gold project claims. They confirmed existing trails and roads to transport material, crews and drill rigs to and from proposed drill sites. Drill pad locations at the Dorset gold project need little to no preparation work, while some Copper Creek targets will receive some attention before the drill equipment ...
  • First Tellurium Corp. reports that Fenix Advanced Materials , a world leader in the supply of ultra-high purity metals, has signed a Letter of Intent with First Tellurium's 75% owned subsidiary PyroDelta Energy Corp to be the preferred supplier of tellurium and other critical metals for manufacture of PyroDelta's thermoelectric generators. As previously reported by First Tellurium, PyroDelta is developing thermoelectric generators that offer significant advantages over thermoelectric devices currently on the market, including far higher heat tolerances, lighter weight and more robust construction. "We're very excited about the broad market potential for PyroDelta's thermoelectric technology," said Fenix CEO Don Freschi. "Our intent is to ensure they have a stable, North Ameri...
  • Homerun Resources Inc. is pleased to announce that the Company has secured the services of a highly experienced technical consultant, to support the development of the Company's solar glass plant in Camaçari, State of Bahia, Brazil. Mr. Odir Julio Pedrazzi Junior, a Brazilian citizen, is a seasoned engineer with specialization in glass processing from the University of Glass in Paris, and MBA's in Strategic Planning and Business Management. Mr. Pedrazzi has 37 years of experience in the glass segment, having occupied the position of Director of Operations and Industrial Manager at several major players in the Brazilian glass sector, having successfully led the implementation of complete glass plants and furnaces. He also acted as a Director on the Board at one of the largest ...
    05.12.2024
  • TNR Gold Corp. is pleased to announce that McEwen Mining Inc. has provided an update on the Los Azules copper, gold and silver project in San Juan, Argentina. TNR holds a 0.4% net smelter returns royalty on the Los Azules Copper Project. The Los Azules project is held by McEwen Copper Inc. , a subsidiary of McEwen Mining. The news release issued by McEwen Mining on December 3, 2024, stated: "McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to announce the approval of the Environmental Impact Assessment for its Los Azules copper project. The Environmental Impact Statement , which is the ministerial resolution approving the EIA, is a key permitting milestone on the way to feasibility, construction and future operation. This EIS, which is issued ...
    05.12.2024
  • Tribeca Resources Corp. , is pleased to announce the voting results from its Annual General Meeting of shareholders held on December 4, 2024. Shareholders holding 22,366,250 shares or 33.62% of the outstanding shares of the Company were represented in person or by proxy at the Meeting. The shareholders re-elected Paul Gow, Thomas Schmidt, Nick DeMare, Luis Tondo and Derrick Weyrauch as directors of the Company. The shareholders also voted in favour of all matters brought before the Meeting including the re-appointment of D&H Group LLP as auditor of the Company for the ensuing year and the continuation of the Company's rolling 10% equity incentive plan . Pursuant to the Incentive Plan, the Company is entitled to grant stock options, restricted share units, performance shar...
  • Northern Lights Resources Corp. is pleased to announce the appointment of C3 Alliance Corp to assist with permitting and First Nations engagement for the Horetzky Project located in the Babine Copper Porphyry belt of British Columbia. Northern Lights recognizes the importance of fostering respectful and collaborative relationships with the Indigenous Nations on whose territory the Horetzky Project is located. Northern Lights Resources has engaged C3 Alliance to support our community engagement activities to reflect this priority. Northern Lights CEO, Jason Bahnsen commented "We are delighted to have Sarah Weber and the team at C3 Alliance assisting us with our First Nations, community outreach and exploration permitting in preparation for future exploration work at the Horetk...
  • VANCOUVER, BC, Dec. 5, 2024 /CNW/ - The following issues have been halted by CIRO Company: Stelmine Canada Ltd. TSX-Venture Symbol: STH All Issues: Yes Reason: Cease Trade Order Halt Time : 7:45 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.ciro.ca under the Markets tab. Please note that CIRO staff cannot p...
    05.12.2024
    von CNW


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