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Capella Minerals Ltd. is pleased to announce that it has received regulatory acceptance to its previously announced share consolidation. The Company's current outstanding shares 236,985,195 will consolidate on a 6 old for 1 new basis giving the Company 39,497,532 common shares outstanding post-consolidation. The Company anticipates its shares trading on a post-consolidated basis at the opening on December 23, 2024 under the new CUSIP 13960M201 and ISIN CA13960M2013. Shareholders holding physical certificates will receive a Letter of Transmittal directly from the Company's transfer agent, Computershare. The Letter of Transmittal will provide instructions to shareholders for the exchange of their shares as soon as practicable following the Effective Date. Shareholders holding t...

Greenland Resources Inc. is pleased to announce that further to its press releases dated October 1 and October 15, 2024, where the Company announced support on the debt portion of the capex from Scandinavian export credit agencies, the Company has now received a letter of intent from the state-owned financial institution, Export and Investment Fund of Denmark . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241219246093/en/ This LOI provides an indication of interest to support the Company for a credit guarantee for the export of Danish equipment for the construction and operation of the Project. Further due diligence of the project is required before the offer can become binding. As a state-owned Export Credit Age...

San Lorenzo Gold Corp. is pleased to announce that permits have been obtained and diamond drilling equipment has been mobilized to the Company's flagship Salvadora property, located 15 kilometres from the world class El Salvador Copper/Gold porphyry deposit located within Chile's mega porphyry belt in the Province of Chañaral, Region III, Chile. The diamond drilling program will commence immanently and test three separate target areas with up to seven holes for up to 2,000 metres . Two of the three target areas, Arco de Oro and Tres Amigo, have already generated impressive prior drill results such as Hole SAL 04-22 that returned 22.5m of 4.74 g/t Au and 0.18% Cu, that included 6.5m of 16.27 g/t Au and 0.39% Cu, and 1.5m of 58.18 g/t Au and 0.38% Cu, and Hole SAL 06-16 ...

Cascade Copper Corp. is pleased to announce that it has issued shares pursuant to its first anniversary commitment of the Option Agreement to acquire 100% of the 869 hectare portion of the entire 2,503 hectare Centrefire Copper Property, located in the Dryden - Sioux Lookout area of Northwestern Ontario. The Company has issued 75,000 common shares which are issuable to the Centrefire optionor pursuant to the initial Option Agreement and has issued an additional 100,000 shares pursuant to the amended Option Agreement. . The shares issued include a customary sale restriction, which expires four months and a day after issuance. About Cascade Copper The Corporation is an exploration stage natural resource company engaged in the evaluation, acquisition, and exploration of mineral ...

Contango Ore Inc. is pleased to announce that the Peak Gold JV paid a cash distribution of $9.0 million to Contango on December 19, 2024. These proceeds relate to Contango's 30% of profits from the processing Manh Choh ore from Campaign #3. In total, Contango has received $40.5 million in cash distributions from the Peak Gold JV since commencing the processing of Manh Choh ore in July 2024. Production Statistics for 2024 Contango Gold production 42,000 ounces Silver production 16,330 oz Gold delivered into hedges 21,100 oz Gold sold at spot price 19,660 oz Average blended realized gold price $ 2,285 per oz Total gold and silver sales $ 95,411,875 Gold in recoverable inventory 1,240 oz Rick Van Nieuwenhuyse, the Company's President and CEO commented, "The Peak Gold JV complete...

Bolt Metals Corp. , a North American mineral acquisition and exploration company, announces that it is repricing its previously announced non-brokered private placement , originally announced on December 16, 2024. The Offering will now be for up to 8,000,000 Quebec Flow-Through Shares at CAD$0.16 per QFT Share for gross proceeds of up to CAD$1,280,000. The QFT Shares will qualify as "flow-through shares" of the Income Tax Act ). The gross proceeds from the Offering will be used to incur "Canadian exploration expenses" that are "flow-through mining expenditures" ) related to the Company's Northwind Property, Urban-Berry Greenstone Belt, Quebec. All securities issued pursuant to the Offering will be subject to a hold period of four months plus a day from the date of issuance an...

Forum Energy Metals Corp. announced today that the Company is not aware of any undisclosed material information that might be contributing to the recent decline in the Company's share price. As announced in its news release dated December 16th, 2024, the Company is raising $1,250,000 which consists of a combination of shares and flowthrough units. Common shares are being purchased by its strategic investor and insiders for general working capital purposes. The flow-through units are being purchased by its long-term investor and supporter Pavillion Resource Fund for procurement of supplies and services for the 2025 drill program on the Aberdeen Uranium Project in the Thelon Basin, Nunavut . As announced in previous news releases, assays from its 2024 summer exploration program ...

Heritage Mining Ltd. is pleased to announce the results from its Zone Three Extension exploration and prospecting program located in the southeast side of its flagship project Drayton Black Lake totalling ~18,907Ha. The program included 62.3km traversed, 185 outcrops described with 83 grab samples . The program was undertaken to provide on-the-ground clarity where possible of the contact between the Mafic Metavolcanics and the Lake of the Bays Batholith. DBL is located approximately 20km northeast of Sioux Lookout, Ontario and covers 30 km of the Central Volcanic and Southern Sedimentary domains within the Eagle-Wabigoon-Manitou Greenstone Belt, which also hosts NexGold's Goliath Gold-Silver Complex immediately to the southwest. Zone 3 Extension Exploration and Prospecting Pr...

SWA Lithium and Koch Technology Solutions Teams Collaborate to Design, Build, and Operate a Field-Pilot DLE Facility to Confirm Engineering Design for SWA Project Samples of Battery-Quality Lithium Carbonate Produced from the Field-Based Pilot Will be Used in the Qualification Process with Potential Off-Take Partners EL DORADO, Ark., Dec. 19, 2024 -- SWA Lithium, the Joint Venture between Standard Lithium Ltd. and Equinor ASA which is developing the South West Arkansas Project , is pleased to announce that, in partnership with Koch Technology Solutions , it has successfully designed, built, commissioned, and is now operating, a pilot Direct Lithium Extraction plant at the South West Arkansas Project. The pilot DLE plant is processing brine directly from SWA to c...

Vancouver, B.C. - Opawica Explorations Inc. , a Canadian mineral exploration company focused on precious and base metal projects, is pleased to announce that select members of it exploration personnel has been mobilized to conduct field work at the Bazooka Gold Project in the Abitibi gold camp in Quebec, Canada. Specifically, the company has deployed an advanced team, consisting of a Quebec-registered geologist and an assistant to Bazooka. Their mission is to map access routes and finalize drill locations for at least 20 high-priority gold targets previously identified in the area, in preparation for an upcoming drilling campaign. The crew will further scout locations where secondary or alternate drill sites may be considered. In recognition of the milestone, Blake Morgan, CE...

Valhalla Metals Inc. provides an update on the Ambler Mining District Access Road. The proposed Ambler Access Road is planned to cross Valhalla State mining claims at the Sun project and would unlock a host of critical and strategic metals located in the Ambler Mining District - all metals necessary for the green energy and transportation transition and to ensure a secure domestic supply chains for these metals. On December 16, 2024, Governor Mike Dunleavy submitted a report to the Trump Transition team in Washington D.C. titled "Alaska Priorities for Federal Transition". The report details both immediate and long-term actions that can be taken to reverse the devastating impact of more than 60 sanctions the Biden administration imposed on Alaska, and how unlocking Alaska's mi...

Onyx Also Congratulates Fireweed Metals on Strategic Funding and Highlights the Funding Benefits to the Regional Infrastructure in Eastern Yukon Onyx Gold Corp. is pleased to reflect on a year of new gold discoveries, strategic acquisitions, and exploration milestones. 2024 marked a period of remarkable growth for Onyx Gold, solidifying its position as one of the leading explorers in the Timmins Gold Camp in Ontario and the Eastern Tombstone Gold Belt in the Yukon. With a clear focus on advancing key assets, the Company expanded its footprint, increased its knowledge base, and laid a solid foundation for 2025. "From the discovery of the Argus North Zone to the high-grade expansion of the GM Vein, our exploration team worked tirelessly to unlock the potential of our Munro-Croe...

Liberty Star Minerals reports assay results from its wholly owned Red Rock Canyon Gold Project within its Hay Mountain Project in southeast Arizona. The RRC may possess commercially important metals associated with porphyry copper-gold-moly geologic structures, well represented in the area from central Arizona to northern Mexico. Channel sampling at the Red Rock Canyon gold property continues to produce bonanza grades with 107.5 and 60.0 gpt reported in the latest assay results. The Company has recently received results from 95 rock channel samples cut across the gold-bearing jasperoid lenses on the property. One-third of the samples submitted ran greater than 0.5 gpt Au 18% ran greater than 1 gpt and significantly, two samples 475956 and 475957 ran 107.5 gpt and 60 gpt respectively. Nine ...