• Sonntag, 22 Dezember 2024
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  • Kenorland Minerals Ltd. announces that, further to the investor rights agreement dated November 5, 2021 between the Company and Sumitomo Metal Mining Canada Ltd. and the investor rights agreement dated May 28, 2024 between the Company and Centerra Gold Inc. , each of Sumitomo and Centerra have issued to the Company notice of their respective intentions to exercise their 'top-up right' as it relates to certain share issuances completed by the Company and to retain their interests in the Company. An aggregate of 63,453 common shares will be issued at a price of $1.0492 per share for aggregate consideration of $66,574.89 in accordance with the Sumitomo IRA and Centerra IRA, subject to the approval of the TSX Venture Exchange, of which 32,044 common shares will be is...
    19.12.2024
  • E2Gold Inc. has closed the first tranche of its previously announced private placement for proceeds of $50,000. The financing consisted of the issuance of 5,000,000 Flow-Through shares priced at C$0.01. All securities issued and issuable pursuant to the Offering are subject to a statutory hold period expiring April 18, 2025. The Offering remains subject to the final approval of the TSX Venture Exchange. The Company intends to apply the gross proceeds from the Offering towards the exploration of its Hawkins project. Proceeds of the financing will be used for exploration activities currently underway on the Company's Hawkins project in northern Ontario, where the Company is aiming to expand the footprint of its McKinnon Zone Inferred Reosurce.1 ABOUT E2GOLD INC. E2Gold Inc. is ...
    19.12.2024
  • This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated November 28, 2024 to its short form base shelf prospectus dated August 21, 2024 Guanajuato Silver Company Ltd. is pleased to announce a new mineral resource estimate for GSilver's 100% owned El Cubo mine complex located in Guanajuato, Mexico. The new El Cubo mineral resource estimate is part of a scheduled program to update GSilver's NI 43-101 technical reports and resource estimates for all of its producing mines in Mexico, which includes the El Cubo Mine complex, the Valenciana Mines Complex, and the San Ignacio mine, all located within the state of Guanajuato, and the Topia mine located in northwestern Durango. James Anderson, Chairman and CEO, said, "The ...
    19.12.2024
  • Defense Metals Corp. is pleased to announce the voting results of its annual general meeting of shareholders that took place December 18, 2024 . At the AGM, the shareholders set the size of the board of directors at five. Detailed voting results regarding the election of the directors are as set out in the following table: Director Nominee Number of shares voted for % of shares voted for Number of shares voted withheld % of shares voted withheld Guy de Selliers de Moranville 80,670,593 98.76 % 1,016,891 1.24 % Dr. Luisa Moreno 75,825,040 92.82 % 5,862,444 7.18 % Dale Wallster 75,825,402 92.82 % 5,862,082 7.18 % P.E. Ted Kavanagh 81,760,691 99.98 % 16,793 0.02 % Suzanne Rich Folsom 81,670,581 99.98 % 16,903 0.02 % Shareholders also approved: The appointment of Crowe MacKay LLP...
    19.12.2024
    von CNW
  • CopperCorp Resources Inc. is pleased to announce assay results from drill hole JDD002 and JDD002W1 at the Jukes prospect on its 100% owned Razorback Copper-Gold-REE property in western Tasmania, Australia . Highlights JDD002W1 intersected a broad zone of copper-gold mineralization assaying 50.0m @ 0.66% Cu and 0.27g/t Au from 498.0m, including two zones of higher-grade mineralization, with best intercepts of: 20.0m @ 0.76% Cu and 0.17g/t Au from 498.0m; and 19.0m @ 0.86% Cu and 0.48g/t Au from 529.0m, including 2.05m @ 4.2% Cu and 1.66g/t Au from 545.4m Historical gradient array Induced Polarization survey data over Jukes indicates a strong IP chargeability response associated with known surface geochemistry extending over a +700m undrilled strike length. Current and historic...
    19.12.2024
  • EnviroGold Global Ltd. , a technology company enabling the global mining industry to monetize valuable metals contained in mine waste and tailings, reduce environmental liabilities and improve social and environmental outcomes, is pleased to announce that it plans to complete a non-brokered private placement financing for up to CAD$2,500,000 of gross proceeds, consisting of up to 2,500 units issued at a price of CAD$1,000 per Unit. Each Unit will consist of CAD$1,000 principal amount of unsecured convertible notes and 11,112 common share purchase warrants of the Company . The Financing may close in one or more tranches, with the first tranche scheduled to close on or about January 7, 2025. All Notes will have a maturity date of eighteen months from the date of issue and will ...
  • HIGHLIGHTS BBM trend now extends over 15km, from Awalé's 100%-owned Fremen target in the south to the Boba and Fett targets in the north. Boba and Fett have been defined along strike from BBM, highlighting the fertile and open BBM trend. 150 line-km of Induced Polarization geophysics is planned to cover the entire BBM trend and is scheduled for completion in January. An additional up to 7,000 metre drill program will begin in February following the completion of these IP surveys. Awalé Resources Ltd. is pleased to announce a significant expansion of the BBM gold trend to over 15 kilometres . This underscores the potential of the BBM trend, which now extends from the 100%-owned Fremen target in the south to the newly defined Boba and Fett targets in the north. These newly iden...
    19.12.2024
  • Sun Summit Minerals Corp. is pleased to provide a corporate update and review of key activities and achievements from 2024. Top Highlights From 2024: Successful execution of the JD Project option agreement: In January 2024, Sun Summit entered into a definitive option agreement to acquire 100% of the JD Project in the Toodoggone gold-copper district in north-central B.C. . The JD Project contains numerous under-explored epithermal-related gold-silver targets as well as porphyry-related copper-gold targets in an emerging mining district. Completion of an extensive exploration program at JD: An extensive exploration program was completed in 2024 at the JD Project, which included over 2,500 metres of diamond drilling across 12 holes, aimed at the expansion of known mineralized zo...
    19.12.2024
  • Gold79 Mines Ltd. is pleased to announce that it will change its name to West Point Gold Corp. and trade under the new stock symbol "WPG" on the TSX Venture Exchange. Effective at the market open on December 23, 2024, the Company will begin trading under the new name and stock symbol. The Company's ISIN and CUSIP numbers will change to CA95538Q1037 and 95538Q103, respectively. No action will be required by existing shareholders and warrantholders with respect to the name change. Certificates representing common shares or warrants exercisable for common shares of the Company will not be affected by the name change and will not need to be exchanged. The Company encourages any shareholder with any questions or concerns to discuss any of the foregoing with their broker or agent. A...
    19.12.2024
  • TriStar Gold Inc. is pleased to provide an update on the requests from a Federal Public Prosecutor to government regulators related to the Company's Castelo de Sonhos gold project in Brazil; see press release dated October 1, 2024, for the details of these requests. The Company's LP permit for Castelo de Sonhos remains valid; also known as the Licença Prévia or Preliminary License, it represents the most critical permitting milestone. The permit was received in August 2024 . The permit is in good standing and there are no restrictions in place that would stop the project from moving forward. The government regulators, including the Pará Secretariat for the Environment and Sustainability , our principal regulator, have provided responses to the public prosecutor from the Feder...
    19.12.2024
  • Nevada Lithium Resources is pleased to announce that it has received conditional approval from the TSXV for the listing of its common shares on the TSXV, subject to completion of customary requirements of the TSXV, including receipt of all required documentation. Once final approval is received, the Shares will commence trading on the TSXV and will be delisted from the Canadian Securities Exchange . Upon listing on the TSXV, it is expected that the Shares will continue to trade under the ticker symbol "NVLH". The Company is pursuing a listing on the TSXV to enhance its investor profile as a part of its capital markets initiatives, with the goal of enhancing shareholder value. The Company will provide an additional update once it receives final approval fr...
  • Largo Inc. is pleased to announce the signing of definitive agreements between its subsidiary, Largo Clean Energy Corp. , and Stryten Critical E-Storage, LLC , an affiliate of Stryten Energy LLC, to establish a joint venture in Storion Energy, LLC , subject to customary closing conditions. Storion intends to become a leading manufacturer of domestically produced vanadium electrolyte and remove other barriers to entry in the flow battery manufacturing industry. Francesco D'Alessio, Chief Commercial Officer of Largo and President of LCE, stated: "We expect the Storion partnership with Stryten Energy to be highly beneficial to Largo and its clean energy storage investment strategy. The transaction aims to maximize the value of Largo's vanadium products, and Storion's patented pur...
  • American Critical Minerals Corp., formerly American Potash Corp., is pleased to announce that it has closed its non-brokered private placement offering . The Offering was oversubscribed and on closing the Company issued 13,455,000 units , at a price of $0.08 per Unit, for gross proceeds of $1,076,400 . Each Unit consists of one common share and one-half of one common share purchase warrant . Each Warrant is exercisable to acquire an additional common share at a price of $0.15 until December 19, 2026. In connection with completion of the Offering, the Company paid to certain arms-length parties $57,323 in finder's fees and issued 716,538 finders' warrants exercisable on the same terms as the Warrants. Pursuant to applicable Canadian securities laws, all securities issued in co...
    19.12.2024
  • Silver Mountain Resources Inc. is pleased to announce that it has received confirmation from Peru's Ministry of Energy and Mines that the Company's Reliquias Mine and Caudalosa Plant have been officially classified as ongoing mining operations. This significant designation represents the final governmental approval required for the Company to restart production and processing operations. CEO Alvaro Espinoza shared, "Our dedicated permitting and legal teams have worked tirelessly to ensure our commitment to revitalizing the Reliquias Mine. This recognition not only marks a pivotal moment for Silver Mountain but also underscores our contribution towards boosting the local economy. With the Reliquias Mine and Caudalosa Plant now recognized as active sites, we maintain our existi...
    19.12.2024
    von CNW
  • Stock Symbol: DIAM: TSX Star Diamond Corp. would like to bring its shareholders up to date on a number of Management initiatives: Pre-Feasibility Study Financing Following the completion of our revised mineral resource update , Star Diamond has been looking for $3-5 million in project financing in order to undertake a Pre-Feasibility Study on our Star - Orion South Diamond Project . To date we have been unsuccessful in this endeavor. A brief summary of these ongoing efforts is noted below: Royalty Companies The Company reached out to over 20 royalty or streaming companies globally and responses fell under two main categories: "Diamonds are not within our current mandate" "We do not have the resources to look at this project at the present time" Resource Project Bridge Debt Pr...
    19.12.2024
    von CNW


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