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  • Myriad Uranium Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement financing . Under the first tranche of the Financing, Myriad raised gross proceeds of $2,912,500 through the issuance of 11,650,000 units at a price of $0.25 per Unit. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant , with each Warrant entitling the holder to purchase one Share at an exercise price of $0.30 per Share until June 24, 2026. Myriad Uranium's CEO Thomas Lamb commented: "We are pleased to welcome a number of strategic investors and prominent funds to Myriad in this first tranche. All have proven success in financing and developing mining projects." "I note that we are ...
    25.06.2024
  • Scandium Canada Ltd. ; is pleased to announce the opening of its work camp at its flagship Crater Lake project in northeastern Quebec and the start of the summer 2024 field work program. Crater Lake is the only active primary scandium project globally. The Company has a permanent camp at Crater Lake that is accessible via helicopter or float plane. The camp cook and general handyman arrived on site June 13 to prepare. Staff from the engineering firm WSP arrived June 17 to begin their environmental work which will consist of study of fauna and flora and establishing baselines of water quality and fish habitats. This work is a prerequisite for the environmental permitting process. It will be done by different WSP teams this summer and some of the work will include fieldwork in ...
  • 4.71% copper and 9.27 g/t silver grab sampled from Beaupre Main Vein 3.78% copper and 7.02 g/t silver channel sampled over 0.25m - Pickering, ON - Renforth Resources Inc. would like to share the results of our May 2024 prospecting on our Beaupré copper discovery, where we were able to channel sample copper and silver on surface over in several locations within the ~160m on the stripped main vein. Assay Highlights 1 - Grab samples are preferential in nature and not reflective of any more material than the grab sample itself. 2 - Channel sample lengths given are as measured along surface within the cut channel in the rock. Click Image To View Full Size Results disclosed in this press release demonstrate that the Beaupré main vein is continuously mineralized on sur...
  • Second Hole of Drill Program Encounters 8.7 m Graphitic Pelite Interval with Strong Radioactivity Reaching up to 33,600 cps Aero Energy Ltd. is pleased to announce the intersection of strong radioactivity in the second drill hole of its 2024 exploration drilling program on the Murmac Uranium Project , located in Northern Saskatchewan. An average of 1,309 counts per second was intersected over 8.7 metres in graphitic pelite, with up to 33,600 counts per second associated with visible uranium mineralization. The drilling program is being funded by the Company and is operated by Fortune Bay Corp. . Highlights: Drilling is still underway on hole M24-017 ; drill core has been received and logged to a depth of 94.5 metres at the time of this release. Strong radioactiv...
    25.06.2024
  • Results Include 0.4% Ni, 0.5% Cu, and 34.3 g/t Pt+Pd+Au over 4.1 Metres, Starting at Surface Magna Mining Inc. is pleased to announce additional diamond drilling results and provide an update on the surface advanced exploration bulk sampling in the 109 Footwall Zone. Highlights from the new assay results include: 109 FW Zone MCR-24-077: 0.2% Ni, 0.2 % Cu, 18.2 g/t Pt + Pd + Au over 15.0 metres 109 FW Zone Surface Sample MCB-24-037: 0.4% Ni, 0.5 % Cu, 34.3 g/t Pt + Pd + Au over 4.1 metres MCB-24-042: 0.2% Ni, 0.1 % Cu, 13.8 g/t Pt + Pd + Au over 2.5 metres MCR-24-052: 0.8% Ni, 2.9 % Cu, 5.9 g/t Pt + Pd + Au over 3.1 metres MCR-24-053: 0.1% Ni, 0.2 % Cu, 8.3 g/t Pt + Pd + Au over 6.8 metres Jeff Huffman, COO of Magna Mining commented, "With the Toll Milling Agreement* and contr...
    25.06.2024
  • Results for Partial Holes ATXD25A & ATXD26A Point to Further Expansion and High-grade in Phase V ATEX Resources Inc. is pleased to announce assay results for partial drill holes ATXD25A and ATXD26A, the seventh and eighth holes from its Phase IV drill campaign at the Valeriano Copper-Gold Project located in the Atacama Region, Chile. Highlights from the Phase IV program include: A new conceptual geology model being confirmed through drilling at the end of Phase IV and setting up for an exciting Phase V drill program. New model outlines increased continuity and size potential of the Early Porphyry units along a strike length of 1.2km and a width of approximately 0.5km defined in drilling to date. The EP remains open along strike and associated wall rock mineralization remains o...
    25.06.2024
  • Blue Thunder Mining Inc. announces that Alain Lévesque will be joining the Company's management team as CFO effective June 25, 2024, replacing Robert Boisjoli who will be resigning his position as CFO effective the same date in order to devote his full attention to other business interests. Mr. Lévesque has 20 years of experience in the field of financial reporting and the management of corporations including several in the mining sector. He brings a solid background in the mining sector with a depth of experience in financial reporting and corporate governance, as well as experience in capital markets and finance, including debt financing, royalty sales and corporate transactions. His experience in the mining industry is diverse ranging from exploration corporations to produ...
    25.06.2024
  • First Atlantic Nickel Corp. is pleased to announce it has completed a large-scale data compilation for its 21,850-hectare Atlantic Nickel Project in Central Newfoundland, Canada. This first-time extensive review, covering the entire Pipestone Ophiolite Ultramafic Complex, identified over 700 regional exploration reports. Of these, 134 contained relevant project information, including data on prospecting, geological mapping, airborne geophysics, geochemistry, and drilling. The data compilation program outlined a 30-km core trend with consistent, highly anomalous nickel concentrations, strongly correlating with the Pipestone Complex's high-magnetic ultramafic rocks. These rocks have high potential for hosting awaruite nickel deposits, positioning the project to become the first...
  • West Red Lake Gold is pleased to announce the appointment of Jason Billan as Vice President Corporate Development effective June 24, 2024. Mr. Billan has spent 15 years in the mining sector, with an emphasis on corporate development, strategy, financing, and executive leadership. Following an MBA at the University of Western Ontario in 2009, he spent three years in precious metals equity research at Salman Partners and RBC Capital Markets, with a coverage universe ranging from small exploration companies to large producers. In 2012, he joined Nevsun Resources as a corporate development analyst. In 2016 Nevsun acquired the Timok copper-gold project in Serbia for over US$500M before being acquired by Zijin Mining for C$1.9B in 2018 after a comprehensive sales process...
  • Troilus Gold Corp. is pleased to report positive metallurgical results from a pilot plant testing program completed for Zone X22 , part of the main mineral reserve pits at its Troilus Project in north-central Quebec, Canada. Justin Reid, CEO and Director of Troilus Gold, commented, "The pilot plant test results from Zone X22 have confirmed the robust metallurgical recoveries projected in our Feasibility Study. Achieving 91.4% for gold, 94.0% for copper, and 87.2% for silver, these results demonstrate the consistency and predictability of our ore body across all zones. The confirmation of these metallurgical recoveries at X22 not only enhances our confidence in the projected production rates but also underscores our commitment to environmental stewardship, as our process remain...
  • Emerita Resources Corp. has intersected significant new mineralization in drilling at El Cura deposit area, part of Emerita's wholly owned Iberian Belt West project . IBW hosts three previously identified Volcanogenic Massive Sulfide deposits: La Infanta, La Romanera and El Cura. Results contained in this news release are from El Cura deposit area only. All three IBW deposits are open for expansion along strike and at depth. Drill Hole EC013 intersected 10.6 m grading 1.7% copper, 0.95 g/t gold and 35.46 g/7 silver. This is the deepest and thickest intercept to date on El Cura area at approximately 300 m vertical depth. Hole EC012 intersected 3.4 m grading 1.7% copper, 3.09 g/t gold and 49.3 g/t silver. Hole EC008 intersected 2.6 meters grading 1.8% copper, 1.51 g/t gold and ...
  • Fortune Bay Corp. is pleased to announce the intersection of highly elevated radioactivity in the second drill hole of its 2024 exploration drilling program on the Murmac Uranium Project , located in northern Saskatchewan. An average of 1,309 counts per second was intersected over 8.7 metres in graphitic pelite, with up to 33,600 counts per second associated with visible uranium mineralization. The drilling program is being funded by Aero Energy Ltd. , and is being operated by Fortune Bay, under an Option Agreement that was executed on December 15, 2023. Highlights: Drilling is still underway on hole M24-017 ; drill core has been received and logged to a depth of 94.5 metres at the time of release. Strong radioactivity is dominantly hosted in structured graphiti...
    25.06.2024
    von CNW
  • Northisle Copper and Gold Inc. is pleased to provide an update on the Company's ongoing technical, exploration and corporate activities. The Company has recently completed the previously announced preliminary project trade-off work and has retained Ausenco Engineering Canada ULC to prepare a new Preliminary Economic Assessment on the North Island Project . The 2024 PEA is anticipated to evaluate an integrated project incorporating the Hushamu, Red Dog and Northwest Expo deposits, with the staged development of a processing facility located near the Hushamu deposit. In support of the 2024 PEA, Northisle has initiated an integrated updated resource estimate for the North Island Project which includes the Hushamu, Red Dog and Northwest Expo deposits, which will incorporate all d...
  • MONTRÉAL, June 25, 2024 -- Niobay Metals Inc. is proud to announce the awarding of a grant as part of the 2nd call for projects for critical and strategic minerals for its Crevier niobium & tantalum project . The Crevier Project is located approximately 50 km north of the town of Girardville and approximately 150 km from the Niobec mine. It is located in the Nitassinan of the Pekuakamiulnuatsh, whose main population center is Mashteuiatsh. Grant The grant is awarded by the Ministry of Natural Resources and Forests and the "Consortium de recherche et d'innovation en transformation métallique ". The title of the project is: "Demonstration of the niobium-tantalum concentration process on a pilot scale and production of niobium and tantalum oxides from the Crevier Project deposit...
  • G2 Goldfields Inc. is pleased to provide an update on the ongoing exploration program at the Company's 27,719-acre OKO-AREMU gold project. G2 recently announced an updated Mineral Resource Estimate for the OKO-Aremu project comprised of 922,000 ounces of gold and 1,099,000 ounces of gold [press release dated April 03, 2024]. Figure 1 G2's OKO gold resource lies along a prominent 2.5 km long north-south structure which is defined by the high grade OMZ resource to the north [688,000 ounces Au @ 9.03 g/t Au and 495,000 ounces Au at 6.38 g/t Au ] and the Ghanie open pit and underground resource to the south. G2 is currently drilling the southern half of the structure, where results demonstrate significant potential for the expansion of the established resource. Assays from thirte...



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