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  • Fortuna Mining is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project. Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, "Drilling at Karakara continues to improve our understanding of the prospect's potential, returning several high-grade intercepts including a highlight intersection of 31.3 g/t Au over an estimated true width of 12.0 m in drill hole DSDD243. The exploration team is looking forward to utilizing the improved understanding of the geological controls on gold mineralization to further advance the regional exploration programs." Mr. Weedon concluded, "Our focus has now moved towards progressing some of the many satellite opportunities at Diamba Sud, with highly encouraging, early-stage results suc...
  • TSXV: EOX www.euromaxresources.com Euromax Resources Ltd. : is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated May 16, 2024, were duly passed at its Annual General Meeting held in Skopje, Republic of North Macedonia on Monday, June 24, 2024. At Annual General Meeting, each of the individuals nominated by management for election as a director of the Company were duly elected and the number of directors of the Company was fixed at eight in accordance with the Company's Articles. The results are as follows: Name of Nominee Vote for % ¹ Tim Morgan-Wynne 337,625,775 99.99 % Ali Vezvaei 337,655,775 99.99 % Nicolas Treand 337,630,775 99.99 % Martyn Konig 337,630,775 99.99 % James Burke 337,630,775 99.99 % Ivan Vutov 337,655,775 99.99 % Stan...
    25.06.2024
    von CNW
  • Infield Minerals Corp. is pleased to announce that it has completed the acquisition of 1468289 B.C. Ltd. , a privately owned company that has, as its sole asset, an option agreement with Geomark Minerals USA Inc. to acquire an undivided 100% interest in the Kings Canyon property in the state of Utah, USA . The Acquisition was previously announced on May 30, 2024. "Securing the option to acquire the Kings Canyon Property in Utah is a significant achievement that paves the way for the Company's future growth. We are pleased to be working in the State of Utah, which was recently deemed the number one mining jurisdiction in the world for investment attractiveness and policy perception by Fraser Institute1", said Evandra Nakano, President and CEO of Infield. Pursuant to the terms ...
    25.06.2024
  • Sarama Resources Ltd. is pleased to report that on 25 June 2024, it closed tranche 1 of its previously announced A$1m equity placement . Tranche 1 of the Placement raised aggregate gross proceeds of A$900,000 with the Company issuing 45,000,000 Chess Depository Instruments at an issue price of A$0.02 per CDI. Each new CDI issued under the Placement will rank equally with existing CDIs on issue and each CDI will represent a beneficial interest in one common share of the Company. Tranche 2 of the Placement will consist of the remaining 5,000,000 CDIs. The issuance of the CDIs pursuant to tranche 2 will be subject to shareholder approval at a general meeting expected to be held in September 2024. Total funds received from Tranche 2 are expected to be A$100,000. The Placement was...
    25.06.2024
  • Getchell Gold Corp. is pleased to announce the engagement of Forte Dynamics, Inc., of Fort Collins, Colorado to prepare a preliminary economic assessment on the Fondaway Canyon gold project in Nevada . The Company has been diligently advancing its flagship Fondaway Canyon gold project through the first half of 2024, building upon three highly successful drill campaigns and the publishing of the Project's first Mineral Resource Estimate in early 2023 * , reporting: Inferred Mineral Resource of 38.3 million tonnes at an average grade of 1.23 g/t Au for 1,509,100 ounces of gold; and Indicated Mineral Resource of 11.0 million tonnes at an average grade of 1.56 g/t Au for an additional 550,800 ounces of gold The Company has been focusing on a number of key activities required to s...
    25.06.2024
    von CNW
  • MAX Power Mining Corp. is pleased to announce that it has entered into a Strategic Alliance with Chapman Hydrogen and Petroleum Engineering Ltd. of Calgary, Alberta, a privately-owned leading international energy consultant, specifically targeting the first Natural Hydrogen discoveries in Canada. Highlights: The Strategic Alliance with Chapman positions MAX Power as first-mover leader among publicly traded companies in the emerging North American Natural Hydrogen sector; Mr. Denis Brière, Chapman's VP-Engineering, is recognized as one of the world's leading petrophysicists and played a key role in the world's first Natural Hydrogen discovery; The MAX Power-Chapman alliance is identifying, prioritizing, acquiring and preparing to explore the best Natural Hydrogen targets acros...
  • Golden Cariboo Resources Ltd. announces that, further to its news release of May 23, 2024, the company will be closing a first tranche of the non-brokered private placement in the amount of $665,000. A total of 2,660,000 Units at a price of $0.25 per Unit will be issued. Each unit consists of one common share and one share purchase warrant exercisable for a period of 3 years from the closing at exercise prices as follows: $0.28 in year one, $0.30 in year two, and $0.32 in year three. The private placement is subject to CSE Exchange approval and all securities are subject to a four month hold period. Finder's fees may be payable in connection with the private placement, all in accordance with the policies of the CSE Exchange. Proceeds will be used for property exploration and ...
  • Highlights: Metallurgical work completed on representative oxide, transition and fresh rock composite samples ranging in grade from 2.36% Cg for fresh rock to 3.04% Cg for oxide samples. Bond abrasion and work index testing show low to medium abrasion and low energy requirements. Open circuit flotation tests resulted in excellent concentrates grade ranging from 94.4% Cg for fresh rock materials to 99.5% Cg for oxide samples with a simple flowsheet that maximizes graphite recovery and minimizes flake degradation. The open circuit graphite recoveries were high, ranging between 87.5% and 91.5%. Given the superior response of the oxide and transitional material, the next phase of work will investigate mining pit design to maximize processing of oxide and transitional material early in the proj...
    25.06.2024
  • Strategic Metals Ltd. announces that at a special meeting of its shareholders held on June 24, 2024, disinterested Strategic shareholders approved a related party transaction with Trifecta Gold, pursuant to which Trifecta has the right to acquire up to 100% interest in the Mount Hinton and ten other highly prospective, intrusion-related gold projects located in the Tombstone Gold Belt of Yukon Territory, as announced by Strategic on March 4, 2024. About Strategic Metals Ltd. Strategic is a project generator with 13 royalty interests, 14 projects under option to others, and a portfolio of 82 wholly owned projects that are the product of over 50 years of focussed exploration and research by a team with a track record of major discoveries. Projects available for option, joi...
    25.06.2024
  • Starcore International Mines Ltd. is pleased to announce the beginning of exploration work on the Kimoukro permit in the central Ivory Coast, some 30 km south of the country's capital, Yamoussoukro. The permit was recently granted to the Ivorian Company, K Mining SARL , on May 22, 2024, with whom Starcore has a mineral property option agreement to explore K Mining's properties. The initial field activities include: Building of the main camp and a private access road stretching 5 km from the paved road A4 near the village of Kimoukro, into the permit boundary. Induced polarization geophysical survey, and ground magnetic survey. Trenching over known mineralised structures and over geophysical targets. Auger drilling campaign in saprolite and soil. SAGAX Afrique sarlu , has been...
    25.06.2024
  • Skeena Resources Ltd. is pleased to announce that it has secured a financing package totaling US$750 million with Orion Resource Partners for the development, construction, and general working capital required to advance the Company's 100%-owned Eskay Creek Gold-Silver Project . This complete funding package significantly de-risks the Project and provides Skeena with optionality, flexibility and stakeholder alignment as the Company progresses Eskay towards production in the first half of 2027. The package provides a significant portion of financing prior to Skeena's receipt of required permits in respect to the Eskay project and therefore, allows the Company to advance the project on the most efficient and expedient schedule to production. Financing Package Highlights: The to...
    25.06.2024
  • McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce it has applied for an early exploration permit on it's McMillan Mine and Mongowin properties' located 70 kilometers west of Sudbury, Ontario . The McMillan Mine and Mill produced over 10,000 ounces of gold in the 1930's. More recently drilling returned high grade historical gold intercepts in areas below old mine workings. Historical drilling in drill hole MM-05-13 intersected gold grades of 7.2 grams per tonne gold over an intersection of 21.3 meters while drill hole MM-05-04 intersected 11.2 grams per tonne gold over 4.7 meters. There was no follow up drilling on these intercepts under previous ownership. The intercepts are shown in Figure 2 along with a longitudinal sec...
    25.06.2024
  • Amarc Resources Ltd. is pleased to announce that it has recommenced drilling at its 100% owned DUKE porphyry copper-gold district in British Columbia . The current drill program follows the 2024 winter delineation drilling of the DUKE Deposit. The initial focus of this summers drilling is the SVEA Cu-Au Deposit Target and the new JO porphyry Cu-Au discovery identified by the Company's comprehensive surveys across the prospective 722 km2 District. Ground and airborne geophysical surveys are also currently underway with up to 30 crew members onsite. The Svea Deposit Target shares many attributes with some of the premier deposits and occurrences within the prolific Babine Porphyry Cu-Au Region . Svea is defined by a 7 km2 Induced Polarization chargeability anomaly indicating a la...
    25.06.2024
  • Green Bridge Metals Corp. is pleased to announce its exploration plan at its South Contact Zone and Chrome Puddy projects in Minnesota and Ontario respectively for the next 12 months. The focus of the work will be to expand upon the known mineralized systems and realize the exceptional exploration potential on both projects. The primary focus of the Company will be on the South Contact Zone group of properties ; to prioritize drill ready, and permit additional, target areas, and broaden airborne geophysical coverage. At Chrome Puddy, targeting will focus on enhancing targeting near the historical resource through the acquisition of high quality electromagnetic airborne geophysical survey . A Message from David Suda, CEO of Green Bridge Metals "As capital markets re-awaken to...
    25.06.2024
  • Lahontan Gold Corp. is pleased to announce that it is has completed Phase Two of its 2024 drilling program at the Company's Flagship Santa Fe Mine project located in Nevada's prolific Walker Lane gold and silver mineralized belt. Lahontan completed an additional five reverse-circulation drill holes totaling 1,044 metres, three at the Slab target area and two at the Santa Fe open pit target. In total, Lahontan has completed 11 RC drill holes totaling 2,347 metres at the Santa Fe Mine project in 2024. All samples from the drilling have been delivered to the assay lab with initial results expected shortly. The drilling successfully addressed all three objectives: Define open pit geometries that will be used in an updated Mineral Resource Estimate and block model. In several area...
    25.06.2024



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