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Forge Resources Corp. is pleased to announce a change of senior officers. As part of a strategic reorganization to strengthen its focus on corporate awareness and project development, the Company has appointed PJ Murphy, the current Chairman of the Board, as the new Chief Executive Officer , and Cole McClay, the current CEO, will transition to the role of Chief Operating Officer , effective immediately. The change comes as part of the Company's ongoing efforts to ensure the successful advancement of its projects and to enhance its corporate awareness initiatives. With Cole McClay transitioning to the role of COO, the Company will benefit from a more focused approach to project management, while PJ Murphy will dedicate more time to engaging with stakeholders as CEO. Cole McCla...

Valkea Resources Corp. is pleased to announce that it has entered into a definitive agreement with S2 Resources Corp dated December 3rd, 2024, pursuant to which the Company has agreed to grant S2 the right to acquire up to an 80% interest in the Company's Yuengroon, Ballarat West and Silver Spoon tenements located in Victoria, Australia. "We are pleased to announce the finalization of the agreement on our legacy Australian assets with S2, enabling them to earn into three of our highly prospective Victorian properties," commented Chris Donaldson, CEO. "The Projects are located in the world-class Victorian Goldfields and in close proximity to Agnico Eagle's Fosterville mine; these assets hold significant exploration potential. S2 is the ideal operator for these properties, with...

First Phosphate Corp. is pleased to announce the positive results of its Preliminary Economic Assessment on the Bégin-Lamarche Property. The PEA provides a potentially viable case for developing the Property by open pit mining for the primary production of phosphate concentrate and secondary bi-product recovery of magnetite concentrate. Highlights: The Project would produce an annual average of 900,000 tonnes of beneficiated phosphate concentrate at 40% P2O5 content and 380,000 tonnes of magnetite at 92% Fe2O3 content over a 23-year mine life. The Project generates a pre-tax internal rate or return of 37.1% and a pre-tax net present value of $2.100 Billion at an 8% discount rate at an approximate 3-year trailing average pho...

Quimbaya Gold is pleased to announce that it intends to complete a non-brokered private placement of 653,332 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of $196,000. Each Unit will be composed of one common share of the Company and one Common Share purchase warrant, each such Warrant entitling the holder to acquire one additional Common Share for a period of two years from the date of issuance at an exercise price of $0.40 per Common Share. The net proceeds of the Offering will be used by the ‎Company for exploration and working capital. Quimbaya also announces that it has entered into debt settlement agreements with certain creditors of the Company pursuant to which the Company agreed to issue to the Creditors, and the Creditors a...

Ascot Resources Ltd. is pleased to announce that the Company has started mobilizing people and equipment to begin the underground development of the Premier Northern Lights mine . Following the close of the recent financing on November 18th, 2024, the Company has started erecting the head cover for the PNL portal and is moving people and equipment back to the site to begin the development of PNL. Procon Mining & Tunneling Ltd, the Company's mining contractor together with Ascot personnel have started to implement the planning and mobilization to undertake the advance of the PNL portal to the Prew ore zone. On September 6th, 2024, the Company announced it was placing the operation on temporary care and maintenance, at this point the main PNL access ramp had advanced approximat...

Bullion Gold Resources Corp. is pleased to announce the appointments of MM. Jean-David Moore and Luc Gervais to its Board of Directors. MM. Moore and Gervais are well known in the Quebec mining industry and will provide support at all levels. Mr. Gervais has a mining engineering degree from Laval University. M. Gervais has 35 years of experience in engineering, construction and maintenance in the mining and metallurgy sectors and has held several management positions in metallurgy departments for different producers. He was also a director of Vanstar Mining Resources Inc., which was acquired by IAMGOLD in 2024. Mr. Gervais is a shareholder of Bullion Gold Resources. Mr. Jean-David Moore has also been involved in the mining industry for many years. He acts as an ...

Ucore's proposed Louisiana rare earth refining facility is located within the England Airpark & Community, a Foreign Trade Zone. Foreign Trade Zones have the potential to mitigate the impact of proposed tariffs on the import and export of rare earth products. Ucore Rare Metals Inc. , noting the recent news about potentially increased tariffs, comments on the value of its new Strategic Metals Complex in the favorable location of England Airpark Foreign Trade Zone for affordable supply of rare earths to U.S. consumers. During the recent election campaign, and following the Republican victory, President-elect Trump emphasized a return to tariffs and other trade measures as a way to encourage the reshoring of American manufacturing. Key proposals include heightened tariffs on Chin...

Gitennes Exploration Inc. - is pleased to announce a non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of up to $1,500,000 . Each Unit will consist of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one Common Share at a price of $0.40 for 12 months from the date of issuance. The private placement is expected to close on or about December 20, 2024. The Company may pay finders' fees to eligible finders, in accordance with applicable securities laws and the policies of the TSX Venture Exchange . The Private Placement is subject to approval of the TSXV, and all securities issued under the Private Placement will be subject to statutory h...

Puma Exploration is pleased to announce that its summer exploration program at the Williams Brook Project has successfully confirmed and extended the Lion Gold Zone to a 550-metres strike length with the sampling of 35.40 g/t gold, 26.00 g/t gold, 12.85 g/t gold, 8.97 g/t gold, 8.91 g/t gold, 6.35 g/t gold and 5.18 g/t gold* in newly trenched quartz veins. Figure 1. Williams Brook Project main gold zones *The reader is cautioned that grab samples are selective by nature and may not represent the true metal content of the mineralized zone. "These results highlight that the Lion Gold Zone has the potential to become another significant gold zone at Williams Brook. So far, sampling here has produced similar, if not better, results than wha...

Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that fieldwork has commenced for an Induced Polarization survey at its Southern Arm polymetallic VMS property in the metal-rich northwest Abitibi subprovince of mining-friendly Quebec . The Company has entered into an option agreement to earn 100% of Southern Arm over 2 years from Abitibi Metals Corp. . Val d'Or based geophysical contractor Geophysique TMC is conducting the IP survey, which will be focused on the Hollywood trend of metal anomalies , and the results from the IP survey will be used to help refine diamond drill targets for the Company's upcoming maiden drill program, which is planned for the 2024-2025 winter season. CEO Deepak Varshney stated:...

Signal Gold announcesthat it has disposed of ownership and control of 15,035,795 common shares of Magna Terra Minerals on Dec 3, through the facilities of Chi-x and Omega alternative markets. The Subject Shares represented approximately 18.1 % of all the issued and outstanding common shares of the Company as of Dec 3. As a result of the disposition of the Subject Shares, the Acquiror no longer holds any securities of the Company. The aggregate consideration received for the Subject Shares was $225,536.93, based on the sale of 15,035,795 Subject Shares at an average price of $0.015 per Subject Share. The holdings of securities of the Corporation by the Acquiror were managed for investment purposes. The Acquiror does not intend to acq...

Magna Terra Minerals Inc. is pleased to announce that Michael Gentile has acquired a 19.99% ownership stake in the Company via an open market share purchase. Mr. Gentile is considered one of the leading strategic investors in the junior mining sector, owning significant top five ownership stakes in over 20 small-cap mining and mining exploration companies. He is currently a director of Group Eleven Resources , Northern Superior Resources , OnGold , Radisson Mining Resources , Roscan Gold , and Solstice Gold , and a Strategic Advisor to Northisle Copper and Gold . Mr. Gentile recently co-founded Bastion Asset Management in January 2022, a rapidly growing money management firm in Montreal with over $450 million in assets under management, focused on small to mid-cap equities in...

Silvercorp Metals is pleased to report its plans to develop the Condor gold project. A preliminary economic assessment was completed on the Project1 by a previous operator, which outlined a high tonnage, low-grade, open pit gold project. The Project comprises a cluster of gold deposits in the Condor North area , with Camp and Los Cuyes contributing the majority of the known mineral resources. Each deposit is unique and different from the others on a deposit scale. Previous drilling reported numerous long core intersections of gold mineralization, usually consisting of higher-grade intervals and surrounding lower-grade halos. After reviewing the technical Project data, including re-logging of the historical core, the Compa...