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  • VANCOUVER, BC and HOUSTON, June 20, 2024 /CNW/ - International Battery Metals Ltd. , is pleased to announce that it has completed a subsequent closing of its previously announced strategic private placement . Pursuant to the Private Placement, the Company issued 11,478,246 units , with each Unit being issued at a deemed price of CAD$0.76632, for aggregate proceeds of USD$6,430,772 . Each Unit consists of one common share of the Company, and one Common Share purchase warrant , each Warrant entitling the holder thereof to acquire one Common Share for a period of two years from the date of issuance for an exercise price of CAD$0.9579 per Common Share. The Private Placement was completed with EV Metals VI LLC, a private company controlled by Jacob Warnock, a director of the Compa...
    20.06.2024
    von CNW
  • June 20, 2024, Generation Uranium Inc. , is pleased to announce the acquisition of the Yellow Frog and Pink Toad Uranium Projects on the Angilak Trend in the Yathkyed Basin, Nunavut Territory, Canada. The Acquisitions are contiguous extensions to the Company's flagship Yath Uranium Project to the east and west and effectively extend the land package at Yath by approximately over 45%. Following the Acquisitions, Yath now spans 123.45 km² and enlarges due north and within 3 kilometers of the district-scale uranium project under advancement by Atha Energy Corp*. Atha Energy Corp. Angilak Project has historical 2013 NI 43-101 inferred mineral resources of 2,831,000 tonnes at an average grade of 0.69% U3O8 and 0.17% molybdenum containing 43.3 million pounds of U3O8 and 10.4 m...
  • Kuya Silver Corp. announces it has closed its non-brokered flow-through private placement with gross proceeds raised of CDN$2,500,160 . Under the Offering, the Company issued 5,208,667 flow-through units at a price of CDN$0.48 per FT Unit. Each FT Unit is comprised of one common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act and one-half of one non-transferable common share purchase warrant . Each Warrant entitles the holder to purchase one non-flow-through common share in the capital of the Company at price of CDN$0.64 per Common Share until June 19, 2026. The proceeds from the Offering will be used for expenditures that qualify as Canadian Exploration Expenses, within the meaning of the Income Tax Act , to...
    20.06.2024
  • Surge Battery Metals Inc. is pleased to announce that it has completed the four holes located on private surface land holdings as part of the 2024 drilling program on the Nevada North Lithium Project . Visual inspection and site testing confirms the presence of the mineralized clay horizons discovered in the 2022 and 2023 drill programs. A further 4 holes are underway and yet to be completed. The 2024 drill program was designed to step out and test soil geochemical anomalies and the geophysical footprint associated with lithium mineralization in the 2022 and 2023 programs. The eight hole Reverse Circulation drill program has thus far extended the mineralized clay 1km both to the east and west and up to 1.2km along strike to the south of the existing resource area. This is lik...
    20.06.2024
  • EMX Royalty Corp. is pleased to announce it has entered into a credit agreement with a wholly-owned subsidiary of Franco-Nevada Corp. to borrow $35 million . The Company will use the proceeds of the Loan to repay the $34.66 million outstanding balance of the loan owed to Sprott Private Resource Lending II , LP and for general working capital purposes. The Company anticipates that the funding of the Loan will take place in July 2024. The Company is pleased to further develop its working relationship with Franco-Nevada. In addition to the Loan arrangement, EMX and Franco-Nevada have jointly syndicated royalty purchases and are actively engaged in a joint venture seeking new royalty financing opportunities. Franco-Nevada is also a key EMX shareholder. Credit Agreem...
    20.06.2024
  • Abcourt Mines Inc. is pleased to announce its prospecting and mapping results on its Flordin property in the Lebel-sur-Quévillon area. The fieldwork, carried out in early June 2024, resampled old trenches sunk in the rock near the old Cartwright shaft. The mineralization consists of injections of pyrite and hematite into a sheared and altered basalt. High gold grades have been obtained in this type of mineralization. Recall that the 2023 drilling also intercepted this type of high-grade gold mineralization . Surface work has followed over 3 km in strike length of high-grade gold mineralization across the entire property. As a result of the work carried out, we can confirm that the pyrite, hematite and gold-rich band mineralization sampled in the field by our team is possibly th...
  • Greenridge Exploration Inc. , is pleased to announce it has signed an Asset Transfer Agreement dated June 19, 2024 with 15952506 Canada Inc. for the sale to the Company of all of the Vendor's right, title and interest to acquire a 100% interest in the Snook Lake and Ranger Lake Uranium Projects , located 100 km northeast of Sault Ste. Marie in Northwest Ontario. The Ranger Lake Uranium project consists of 942 mineral claims covering 20,782 hectares of Uranium prospective ground that occurs near historical Uranium mining district in the Elliot Lake region, in the tier one jurisdiction of Ontario. The Snook Lake Uranium project consists of 237 mineral claims covering 4,899 hectares and is approximately 75 km north of Kenora in Northwestern Ontario, a region that has attracted e...
  • Panther Minerals Inc. is pleased to provide a corporate update on its Boulder Creek Uranium property, located in the southeastern Seward Peninsula, 160 km east of Nome, Alaska . Panther Minerals has been undertaking compilation of all historical data available through previous work conducted by past operators of the Boulder Creek project, Houston Oil & Minerals Corp., Triex Minerals Corp., and Full Metal Minerals Ltd. With significant historical data available, the Company will continue its full review and analysis of drilling core located on the Property and additional core located in Anchorage, Alaska. The data obtained will give Panther Minerals a better understanding of the model and formation, as well as the opportunity to utilize its spectrom...
    20.06.2024
    von CNW
  • Fathom Nickel Inc. is pleased to announce the recent receipt of all necessary permits to continue exploration activity at the Company's Gochager Lake project. The exploration permit allows the Company to: Drill up to 60 drillholes. Construct and utilize an all season 25-person camp. Utilize temporary "fly camps" during summer-fall field season to conduct site specific, airborne geophysical anomaly follow-up, mapping and prospecting, soil geochemistry, and site-specific geophysical surveys. To do necessary line-cutting ahead of surface geophysical surveys. Prepare necessary ground and ice trails to facilitate the movement of drilling equipment. The new exploration permit is valid for a two-year period, expiring July 31, 2026. In addition, we are also pleased to report that exp...
    20.06.2024
  • Company to Acquire 100% of Douay/Joutel with a Clear Path Forward Not for distribution to United States news wire services or for dissemination in the United States Maple Gold Mines Ltd. is pleased to announce the signing of a definitive conveyance and option agreement dated June 20, 2024 with Agnico Eagle Mines Ltd. under which the parties intend to complete a restructuring transaction that will result in Maple Gold obtaining legal title and a 100% ownership interest in the multi-million-ounce1 Douay Gold Project and past-producing, high-grade Joutel Gold Project located along the Casa Berardi-Douay Gold Trend in Québec, Canada. The Company is also pleased to announce its intention to complete a non-brokered private placement of up to 33,821,842 flow-through commo...
    20.06.2024
  • Up to 12,000 meters planned across multiple targets within the Westmoreland Conglomerate that crosses Queensland and the Northern Territory Primary aim is to expand existing Westmoreland mineral resource and to enhance the project economics Second drill rig arriving in mid-July Maiden resource estimate planned at Long Pocket for year-end Northern Territory Geological Survey awards two exploration grants Laramide Resources Ltd. is pleased to announce that the 2024 drilling campaign has started at the Westmoreland Project in Northwest Queensland. The 2024 work plans include up to 12,000m with over 100 drillholes, designed to test multiple targets across the Westmoreland Uranium Project in NW Queensland and into the Murphy Uranium Project in the Northern Territory. "We are excite...
    20.06.2024
    von CNW
  • Mayfair Gold Corp. is pleased to announce that Ms. Christine Hsieh and Mr. Zach Allwright have been appointed as directors of the Company effective June 20, 2024. About Christine Hsieh Christine Hsieh is an international commercial lawyer with 25 years of global practice experience, including 13 years focusing on resources. Ms. Hsieh is currently the Group General Counsel for Promethiem AG. Previously Ms. Hsieh was the Executive Director - M&A of Eurasian Resources Group where she dealt with legal matters related to mining and infrastructure projects. Additionally, she served as Legal Counsel at Glencore International AG and gained early career experience at various law firms, specializing in the global energy and resources sector. She holds a Bachelor of Arts in Economic...
    20.06.2024
    von CNW
  • Brixton Metals Corp. is pleased to announce that it has entered into a Royalty Purchase Agreement dated June 17, 2024 with Kohima Pacific Gold Corporation , a private company, pursuant to which the Company will purchase and concurrently cancel, the outstanding 2% royalty on net smelter returns from the Check-Mate claim and the outstanding 3.5% royalty on net smelter returns from the Stuart claims, all of which are located on the Company's Thorn Project. Chairman and CEO, Gary R. Thompson, stated, "We are pleased to have reached an agreement with Kohima on the purchase of these royalties, further reducing encumbrances and increasing the potential viability of the project. The original Check-Mate mineral claims were centered on the Camp Creek Target area including the near surf...
  • Endeavour Mining Plc 20 June 2024 Notification of transactions by Persons Discharging Managerial Responsibilities 1 Details of the person discharging managerial responsibilities / person closely associated Name Ian Cockerill 2 Reason for the notification Position/status Executive Director Initial notification/ amendments Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Endeavour Mining Plc b) Legal Entity Identifier code 529900NI5MXQ91GHXR07 4 Details of the transaction: a) Description of the financial instrument, type of instrument Ordinary Shares of $0.01 each in Endeavour Mining Plc b) Nature of the transaction 2024 Grant of Performance Share Units under ...
  • B2Gold Corp. is pleased to announce an initial Inferred Mineral Resource Estimate for the Springbok Zone, the southernmost shoot of the recently discovered Antelope deposit, located approximately three kilometers south of the Otjikoto Phase 5 open pit at the Otjikoto Mine in Namibia. All dollar figures are in United States dollars unless otherwise indicated. Highlights Initial discovery to commencement of a Preliminary Economic Assessment in under two years The Antelope deposit, comprised of the Springbok Zone, the Oryx Zone, and a possible third structure, Impala, subject to confirmatory drilling, was discovered in 2022 following deep drill testing by B2Gold exploration personnel on three-dimensional models of airborne magnetic data Over 36,000 meters have been...



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