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  • Angus Gold Inc. is pleased to announce assay results from the final seven diamond drill holes that were completed on the banded iron formation Gold Zone as part of its 2024 drill program at the Golden Sky Project. Highlights: Infill drilling results at the BIF Gold Zone continue to return thick mineralized intervals, confirming continuity of the zone: Hole GS24-148 returned 49.0 metres of mineralization grading 1.0 g/t Au, including 2.0 g/t Au over 8.6 metres and 2.4 g/t Au over 2.0 metres. Hole GS24-159 returned 16.8 metres of 1.3 g/t Au, including 2.1 g/t Au over 6.0 metres Step-out drilling at the BIF Gold Zone has added 50 metres of strike length bringing the currently defined strike length to 1,050 metres: Hole GS24-149 returned 8.6 g/t Au over 2.0 metre...
  • Scandium International Mining Corp. , a company focused on the development of its Nyngan Scandium project in New South Wales, Australia, today announced that it has filed a Form 15 with the Securities and Exchange Commission to deregister its class of common shares under Section 12 of the Securities Exchange Act of 1934, as amended , and to suspend its reporting obligations under Section 15 of the Exchange Act . The Company's obligation to file periodic reports with the SEC, including reports on Forms 10-K, 10-Q and 8-K, will be suspended immediately upon filing of the Form 15. Once the Form 15 is effective, which is expected to occur within 90 days of filing, the Company will follow Canadian reporting requirements including IFRS accounting standards and will no longer be an ...
  • Terra Clean Energy is pleased to announce that further to its November 25, 2024 press release, the Company intends to complete a private placement of units and flow-through common shares in the capital of the Company, to raise aggregate gross proceeds of up to $3,000,000. The non-flow through component of the Private Placement will consist of up to 12,000,000 Units at a price of $0.125 per Unit for aggregate gross proceeds of up to $1,500,000 . Each Unit will consist of one common share in the capital of the Company , and one whole Common Share purchase warrant . Each Warrant will be exercisable at a price of $0.20 for a period of 36 months following the closing of the Non-FT Offering. The flow-through component of the Private Placement will consist of up to 11,111,...
  • Euro Manganese Inc. announced today that it has amended the US$100 million funding package with OMRF LLC , which is managed by the Orion Resource Partners. The Funding Package, originally announced on November 28, 2023, supports the development of the Chvaletice Manganese Project in the Czech Republic, and consists of a US$50 million Convertible Loan Royalty Agreement , of which US$20 million has been advanced to the Company, and a US$50 million royalty on Project revenues , subject to the Company meeting certain milestones related to the development of the Project. Highlights of the Amendment to the Funding Package The current CLRA requires the Company pay cash interest to Orion. Based on the amendment to the CLRA, interest amounts accruing with effect from January 1, 2025 w...
  • Copper Nickel Zones Over Core Intervals From 46 To 75 Meters Wide December 4 - Miramichi, New Brunswick ? SLAM Exploration Ltd. is pleased to announce assay results for 4 additional holes drilled on its wholly owned Goodwin claims located 35 kilometers southwest of the Caribou Mine in the Bathurst Mining Camp of New Brunswick. All 4 holes intersected copper nickel mineralization over core intervals ranging from 46 meters to 75 meters and grades ranging from 0.75% to 1.01% copper equivalent. Together with hole GW24-03 these holes define the Farquharson zone over a strike length of 140 meters and to a downhole depth of 133 meters. The results for all 5 Farquharson holes are tabled below: Hole From To Length Copper Nickel Cobalt Silver Copper % Number m m M** % % % g/t Equivalent...
  • Athena Gold Corp. is pleased to report additional high-grade gold samples from its reconnaissance prospecting program at its newly-acquired Laird Lake project, located in Ontario's prolific Red Lake Gold District. The Laird Lake project, spanning 4,158 hectares and covering >10 km of Balmer-Confederation Assemblage contact, represents an underexplored portion of the Red Lake Gold District. The road-accessible project lies approximately 10 km west of West Red Lake Gold Mines' flagship Madsen mine and 34 km northwest of Kinross Gold's Great Bear project. "Laird Lake continues to impress. Our sample returning 373 g/t Au represents the highest-grade grab sample ever taken at the project and, to our knowledge, is amongst the highest-grade surface grab samples publicly reported ...
    04.12.2024
  • Teako Minerals Corp. is pleased to announce that it has been granted final permits for a winter helicopter-supported diamond drill program on it's high-grade copper-cobalt-zinc Volcanogenic Massive Sulfide Løkken project. The Company recently acquired a 90% interest in the Løkken project from Capella Minerals Ltd. Teako applied for the Løkken drill permits on November 20, 2024 and these were subsequently granted on December 3, 2024. The permits cover a total of 19 diamond drill holes and for a winter drill program that must be completed by March 31, 2025. The drill holes consist of 5 priority drill holes on the Åmot target designed to test an EM anomaly not previously investigated with drilling and 4 priorty drill holes on the Høydal target designed to confir...
    04.12.2024
  • Big Ridge Gold Corp. announced that it has entered into a binding Option Agreement with Caprock Mining Corp. for the option of its 100% owned Destiny gold property, located in Despinassy Township, 75km northeast of Val d'Or, Quebec. Terms of the Option Agreement Under the terms of the Option Agreement, Caprock must make the following cash payments and share issuances to Big Ridge and exploration expenditures to earn a 100% interest in the Destiny gold property: Issue 8,000,000 common shares in the capital of Caprock on the Closing Date, which must occur no later than April 2, 2025; Pay $100,000 in cash and issue $250,000 in shares on or before the first anniversary of the closing date; Pay $250,000 in cash and issue $350,000 in shares on or before the second ann...
    04.12.2024
  • Canterra Minerals Corp. is pleased to announce that the Company has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a "best efforts" private placement for aggregate gross proceeds of up to C$3,000,000 from the sale of units of the Company at a price of C$0.10 per Unit, subject to the minimum sale of 5,000,000 Units for gross proceeds of at least C$500,000 from the sale of Units, and common shares of the Company to be issued as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act at a price of C$0.12 per FT Share. Each Unit will consist of one common share of the Company and one half of one common share purchase warrant . Each whole Warrant shall entitle the holder to purchase one common...
    04.12.2024
  • Drilling is focused on evaluating the scale and continuity of significant silver-gold mineralization at the Ruby discovery Summa Silver Corp. is pleased to announce that exploration drilling has commenced at the Hughes Project, Tonopah, Nevada . Drilling is designed to test the highly-prospective eastern extension of the Tonopah Mining district starting at the significant Ruby discovery. Key Highlights: Drilling has commenced: A reverse-circulation rig is on-site at the Ruby target and currently advancing the first pre-collar hole of the program. A core rig is expected to arrive on site shortly and will complete each hole through the prospective target zones. Extension of the Tonopah District: Up to 7,000 m of drilling is planned between the Ruby and Sapphire discoveries loca...
    04.12.2024
  • Kesselrun Resources Ltd. is pleased to announce that it has been selected to receive up to $200,000 from the Ontario Government's Junior Exploration Program which will be used to fund geophysical and geological surveys of the Company's 100% owned Huronian Project. The Huronian Gold Project hosts the past producing Huronian Gold Mine as well as an historic gold resource estimate. The Huronian Gold Project is also situated adjacent to Goldshore Resources' Moss Gold Project which hosts a current mineral resource estimate of 1.23M oz Au at an average grade of 1.22 g/t Au in the Indicated Category and 4.92M oz Au at an average grade of 1.09 g/t Au in the Inferred Category. The funding will allow the company to reclaim 50% of the exploration expenditures incurred at Huronian, up to...
    04.12.2024
  • CaNickel Mining Ltd. announces that Cobalt One Energy Corporation and Blackstone Minerals Ltd. have elected to extend the option period for the Option Agreement it had signed with CaNickel on December 4, 2023, in which Cobalt One was granted the exclusive right and option for a 12-month period to purchase CaNickel's 100% owned Bucko Lake Mine Project located approximately 110 km southwest of Thompson, Manitoba. In accordance with the terms of the Option Agreement, which permits the extension of the option period on a 30-day basis provided a signed Option Extension Notice is delivered along with payment of a C$100,000 extension fee, Cobalt One and Blackstone have opted to extend the option period to January 3, 2025. They have the right to extend the option term by...
    04.12.2024
  • Class 1 Nickel and Technologies Ltd. is pleased to provide an update on its exploration plans and operations with respect to its Alexo-Dundonald Nickel Sulphide Project, covering about 3,093 hectares , and located about 45 km northeast of the mining centre and City of Timmins, Ontario. Over the past two years, the Company has focused on a comprehensive effort to refine the Project's resource base, underscoring Class 1 Nickel's commitment to build a robust portfolio of nickel sulphide resources in one of Canada's premier mining districts. Key Updates on the Alexo-Dundonald Nickel Sulphide Project: The Company has retained Caracle Creek Chile SpA to complete an updated 3D model, reinterpretation, and updated mineral resource estimate for the Dundonald North Deposit which contai...
  • Sierra Metals Inc. is pleased to report that its Yauricocha mine in Peru has reached a full capacity throughput rate of 3,600 tonnes per day since the beginning of the fourth quarter. Mine development below the 1120 level was completed on time and on budget and will extend the mine life at Yauricocha. Ernesto Balarezo, Sierra Metals' CEO, comments, "Since receiving operating and environmental permits to develop and mine below the 1120 level at Yauricocha earlier in 2024, the team has done a terrific job developing this new zone, and just in seven months has been able to increase the throughput to 3,600 tpd. This was all done on-time, on-budget and most importantly safely." Mr. Balarezo continues, "Yauricocha is now operating at full capacity, which is a 30% increase from thro...
  • Murchison Minerals Ltd. is pleased to announce that further to its press release dated November 8, 2024, the Company has closed $687,500 of its non-brokered private placement as detailed below. The Company issued 12,500,000 Hard Dollar units at a price of $0.015 per HD Unit, 20,000,000 National flow-through units at a price of $0.02 per NFT Unit and 5,000,000 Quebec flow-through units at a price of $0.02 per QFT Unit, to raise aggregate gross proceeds of $687,500. Each Unit was comprised of one common share of the Company and one-half of a common share purchase warrant and each NFT and QFT Units were comprised of one flow-through common share of the Company and one-half of a Warrant. Each whole Warrant shall be exercisable to acquire one additional Common Share at a price of ...
    04.12.2024


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