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  • Argo Gold Inc. has entered into two agreements to acquire additional mineral claims in Saskatchewan pursuant to which Argo Gold can acquire a 100% interest in certain mineral claims located in the Athabasca Basin: the Parker Lake claims, and the Thunderbolt and ZigZag claims, which altogether total 15,962 hectares and are considered prospective for uranium mineralization. The Parker Lake claims are being purchased in exchange for the granting by Argo of a 2% net smelter returns royalty in favour of the vendors of the mineral claims. The Thunderbolt and ZigZag claims are being purchased together for an aggregate of $5,000 in cash and the issuance to the vendors of 500,000 common shares of the Company. The common shares will be subject to a statutory hold period of four months ...
    03.12.2024
  • Ucore Rare Metals Inc. announces that the Company intends to extend the term of a total of 7,055,795 common share purchase warrants . The Warrants were originally issued pursuant to a non-brokered private placement of the Company, which closed on December 22, 2022. Each Warrant is exercisable at a strike price of $0.85, with an original 24-month term. The Company intends to extend the expiry date for these Warrants by 12 months, and accordingly, the new, proposed expiry date for the Warrants will be December 22, 2025. All other terms and conditions of the Warrants will remain unchanged. The extension of the term of the Warrants is subject to the acceptance of the TSX Venture Exchange . Orca Holdings, LLC holds 1,785,000 of the Warrants and is wholly-owned by Mr. Randy Johnson,...
    03.12.2024
  • Zincore Metals Inc. is pleased to announce that it has entered into a share purchase agreement dated effective December 3, 2024 among the Company, Great Pacific Gold Corp. and 1513609 B.C. Ltd., a wholly-owned subsidiary of the Vendor , pursuant to which, subject to regulatory approval, the Company will acquire 100% of the issued and outstanding shares of BC Subco , which through an Australian subsidiary will hold a 100% interest in and to the Reedy Creek and Providence tenements in Victoria, Australia. All currency references in the news release are in Canadian currency unless otherwise noted. The Project The Reedy Creek and Providence projects are comprised of two tenements covering an area of 445km2 located approximately 10 km northeast of Southern Cross' Sund...
    03.12.2024
  • Great Pacific Gold Corp. announces that it has entered into a definitive agreement dated December 3, 2024 with Zincore Metals Corp. for the purchase and sale of the Company's non-core Reedy Creek and Providence tenements in Victoria, Australia . All dollar figures are Canadian Dollars unless otherwise stated. Highlights Sale of EL 7052 and EL 7046, Reedy Creek and Providence tenements, to Zincore Great Pacific Gold to receive: $500,000 cash within 5 days of signing the Agreement ; $500,000 cash on closing of the Transaction ; 6 million shares in Zincore on Closing ; $1,000,000 cash on publishing of a NI 43-101 resource estimate with greater than one million ounces of gold and/or gold equivalent in Measured, Indicated and Inferred Resources, and $2,000,000 cash on commercial p...
    03.12.2024
  • Rio Tinto and Sumitomo Metal Mining have signed a Term Sheet for a Joint Venture to deliver the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia. Under the Term Sheet, which includes exclusivity obligations to work towards a binding Definitive Agreement, Rio Tinto will continue to develop and operate Winu as managing partner and SMM will pay Rio Tinto $399 million for a 30% equity share of the project. This includes $195 million upfront and $204 million in deferred considerations contingent on milestones and adjustments to be agreed. The parties have also entered into a letter of intent to develop a broader strategic partnership to work together to explore opportunities for commercial, technical and strategic collaboration across copper, ...
  • Westgold Resources is pleased to report a 107% increase in the Ore Reserve to 7.2Mtpa at 2.5g/t for 573koz at its Bluebird - South Junction mine near Meekatharra. Highlights: Bluebird - South Junction Ore Reserve doubles to 7.2Mt at 2.5g/t Au for 573koz 107% increase from the August 2024 Ore Reserve - post mining depletion, demonstrates value enhancement from drilling. Ore Reserve underwritten by updated Mineral Resource Estimate of 15Mt at 2.9g/t Au for 1.4Moz - featuring a Measured and Indicated component of 8.7Mt at 2.9g/t Au for 814koz Au . Drilling programmes to be expanded across Bluebird-South Junction mining complex Surface and underground drill rigs focussed on infi...
    03.12.2024
    von CNW
  • Troy Minerals Inc. is providing an update to its shareholders regarding the impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver its meeting materials to shareholders in connection with its upcoming annual general meeting of shareholders scheduled to be held on December 31, 2024 . Due the postal strike, the Notice of Meeting, Information Circular and related proxy materials may not be delivered to shareholders prior to the Meeting in accordance with regulatory requirements. The Meeting Materials have been filed on the Company's website and on the Company's SEDAR+ profile at www.sedarplus.ca. Shareholders will still be able to vote their shares either directly by proxy or indirectly through their interm...
    03.12.2024
  • Blue Lagoon Resources Inc. is providing an update to its shareholders regarding the impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver its meeting materials to shareholders in connection with its upcoming annual general meeting of shareholders scheduled to be held on December 31, 2024 . Due the postal strike, the Notice of Meeting, Information Circular and related proxy materials may not be delivered to shareholders prior to the Meeting in accordance with regulatory requirements. The Meeting Materials have been filed on the Company's website and on the Company's SEDAR+ profile at www.sedarplus.ca. Shareholders will still be able to vote their shares either directly by proxy or indirectly through thei...
  • Molten Metals Corp. announces that further to its news release dated October 31, 2024, the Company proposes to complete a private placement financing of up to 5,000,000 Units at a price of $0.40 per Unit for gross proceeds of up to $2,000,000 . Each Unit will be comprised of one common share of the Company and one-half of one transferable common share purchase warrant of the Company. Each whole warrant will be exercisable into one common share of the Company at an exercise price of $0.70 per share for period of two years from the date of issuance. The Offering is not subject to a minimum amount. All of the proceeds of the Offering will be used towards exploration at its recently acquired Senneterre West claims located 25 km northeast of the gold mining center of Val d'Or, Que...
  • PrairieSky Royalty Ltd. announced today that its Board of Directors has declared a quarterly dividend of CDN $0.25 per common share, payable in cash on January 15, 2025 to shareholders of record on December 31, 2024. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada. PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PrairieSky Royalty ...
  • PJX Resources Inc. is pleased to announce that iron rich minerals with copper and minor to trace zinc and lead discovered in a venting geological environment by recent drilling appears consistent with mineralisation typically found within a vent beneath Sedex type zinc-lead-silver mineralisation. This first phase of drilling commenced in August this year after PJX received a five year permit to explore and drill the large Dewdney Trail Property near Cranbrook, BC. Sedex deposits typically form where metal rich fluids rise from depth along pathways called vents that occur along faults. Deposit models suggest zinc and lead minerals are first to be deposited. Iron and copper rich mineralisation rise later along the vent and sometimes replace and/or remobilize zinc and lead and c...
    03.12.2024
  • Sigma Lithium announces that it is in the process of loading 27,500 tonnes of its already produced Quintuple Zero Green Lithium for shipment from the Port of Vitoria to IRH Global Trading LTD in Abu Dhabi, demonstrating its increased operational excellence and its ability to meet both operational and sales targets. The provisional price for this shipment is set at 8.25% of the battery-grade lithium carbonate price quoted on the Guangzhou Futures Exchange as of the shipment date. Sigma Lithium's operational and shipping consistency highlights the Company's rob...
    03.12.2024
    von CNW
  • IsoEnergy Ltd. is pleased to announce shareholders of the company have overwhelmingly approved two resolutions at the Special Meeting of Shareholders held today. These include the ordinary resolution to approve the share issuance in connection with the previously announced arrangement involving IsoEnergy and Anfield Energy Corp. and the special resolution approving the discretionary consolidation of IsoEnergy shares. The Share Issuance Resolution was required to be approved by a simple majority of the votes cast by Shareholders virtually in person or represented by proxy at the Meeting and the Share Consolidation Resolution was required to be approved by at least two-thirds of the votes cast by Shareholders virtually in person or represented by proxy at the Meeting. A total o...
    03.12.2024
    von CNW
  • Globex Mining Enterprises Inc. is pleased to provide an update regards drilling by Cartier Resources Inc. on Globex's Nordeau West claims directly east of the Chimo Gold Mine. New assays have been reported from the VG10 and VG10 South structures on the Nordeau West Royalty claims on which Globex retains a 3% Gross Metal Royalty. Drill results include the following: Holes Drill Intersections VG10 Zone 173.6 g/t Au over 0.5 m 12.8 g/t Au over 0.5 m 9.7 g/t Au over 0.5 m VG10 South 20.7 g/t Au over 1.0 m 5.7 g/t Au over 1.0 m For detailed information on the drill program, please click here to access Cartier's December 3, 2024 and August 27, 2024 press releases. Globex retains a 3% Gross Metal Royalty on the Nordeau East, Nordeau West and east Bateman claims. East Ca...
  • Primary Hydrogen Corp. , a natural hydrogen exploration company, is pleased to announce the acquisition of three hydrogen projects in British Columbia. The projects were acquired by the Company through direct staking based complex tectonic activity, significant faulting, and the presence of ultramafic rocks which are critical to the process of serpentinization. Serpentinization is the primary mechanism for the potential generation of naturally-occurring hydrogen . "The addition of three projects in British Columbia further bolsters our portfolio and positions the Company as one of the preeminent hydrogen-focused explorers in Canada," commented Benjamin Asuncion, CEO of Primary Hydrogen Corp. "The combination of deep-seated faults coupled with the presence of ultramafic rock f...
    03.12.2024


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