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Metallic Minerals Corp. s pleased to announce a non-brokered private placement of up to 5,000,000 flow-through common shares of the Company at a price of $0.40 per FT Common Share for gross proceeds of up to $2,000,000 . Red Cloud Securities Inc. of Toronto, Ontario, has been engaged on a "best efforts" basis for the Offering. Proceeds from the Offering are intended to be used toward eligible Canadian Exploration Expenses, within the meaning of the Canadian Income Tax Act, at the Company's high-grade Keno Silver project and the Company's alluvial gold royalty portfolio in Canada's Yukon Territory. The Company may pay finders' fees under the Offering in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Closing is expected to occur on or a...

Honey Badger Silver Inc. believes it has identified a "Snowline-style" geologic target at its Plata Project, located adjacent to Snowline Gold Corp.'s major discovery in the Tintina Gold Belt of the Yukon Territory. In a news release dated March 5, 2024, Honey Badger announced that it was increasing its land position at Plata to cover a geophysical anomaly , interpreted as a possible intrusive source of high-grade Plata silver & base metal mineralization. In a news release and webinar dated March 7, 2024, the company discussed in detail the theory that Plata fits the Reduced Intrusive zonation model defined at Snowline's Rogue Project, with the critical link provided by discovery of intrusive-hosted Type IV veins during the 2023 field season. The Company believes these new le...

Sun Peak Metals Corp. is pleased to report that the initial 2024 drill program on the Shire Project in Ethiopia is now complete and results are pending. The Company drilled 24 diamond drill holes on the Terer and Hamlo VMS Targets located on the Terer License, for a total of 5,236 meters. All core samples have now been submitted to the lab and the first batch of results are expected in July. Highlights A total of 12 diamond drill holes were completed at the Terer VMS target for a total of 2,660m. A total of 12 diamond drill holes were completed at the Hamlo VMS target, for total of 2,576m First batch of assay results are expected in July. Exploration work consisting of prospecting, mapping, and sampling will continue through the rainy season. Drilling is set to resume in Q4 2...

Red Metal Resources Ltd. is pleased to announce that it has closed the first tranche of its previously announced private placement and issued 1,200,000 common shares in the capital of the Company at a price of $0.05 per common share for gross proceeds of $60,000. The Company intends to close a second tranche in the coming weeks. It is intended that the aggregate gross proceeds from the sale of the Offering will be used to fund working capital. The Company also announces that it has completed its previously announced debt settlement with various creditors , pursuant to which it issued an aggregate of 12,581,865 common shares at a deemed price of $0.05 per Share, and settled an aggregate of $629,093.25 in outstanding indebtedness. The common shares issued in the Offering and th...

Lithium Americas Corp. announces the release of its 2023 Sustainability Report, "Enabling a Clean Energy Transition with Responsible Lithium" . The Sustainability Report highlights the Company's overall Environmental, Social and Governance progress from January 1, 2023- December 31, 2023 and reflects its commitment to creating sustainable value by being a safe, environmentally responsible and inclusive lithium company. Sam Pigott, President and CEO of Lithium Argentina commented: "Our Sustainability Report reflects our unwavering dedication to environmental stewardship, social responsibility and corporate governance. We are committed to transparency and sustainability in a future where responsible lithium production drives positive change globally". During 2023, operations be...

Troy MineralsInc. is pleased to extend its congratulations to Homerun Resources Inc. on the development of a femtosecond thermal laser processing method to achieve 99.999% purity in raw silica sand. This achievement, conducted by researchers at University of California, Davis in collaboration with Homerun Resources, represents a significant milestone in the field of critical and energy materials. "We at Troy Minerals are thrilled to see such an innovative advancement in silica purification technology," said Rana Vig, President and CEO of Troy Minerals. "The ability to achieve such high levels of purity using a green and sustainable process is a breakthrough that enhances the value of silica for utilization in various high-tech applications," he added. Testing of the novel sin...

Omega Pacific Resources Inc. announces the start of its 2024 drill program at the Williams Property in British Columbia's Golden Horseshoe. The current drilling focuses on expanding and extending the recently uncovered mineralization at drill hole WM22-02 at the properties GIC Prospect, which ended in mineralization during the project's last drill campaign in 2022. Current and upcoming Phase 1 exploration highlights: Up to 2,000m of diamond drilling, including expansion drilling along strike and at depth surrounding drill hole WM22-02. WM22-02 returned 50 metres of 2.2 g/t gold in 2022 and ended in mineralization, leaving its full width unknown. Phase 1 will execute a total of three drill holes, all from the same drill pad at GIC. Omega Pacific has engaged APEX Geoscience Ltd...

Balance sheet repair over previous 12 months has repaid A$28m of debt inherited through the Plutonic Gold Belt consolidation When Catalyst acquired ASX listed Vango Mining in 2023, it inherited a A$12m convertible note This convertible note has now either been repaid or converted Catalyst has repaid over A$28m of debt since July 2023 - the date from which it consolidated the Plutonic Gold Belt after acquiring Vango Mining As a consequence, Catalyst's only remaining debt outstanding is 2,590oz in the form of a gold loan This residual gold loan is to be repaid in seven monthly instalments and represents as little as 2.5% of the group's annual gold production1 Catalyst has available cash and liquidity of A$22m and A$30m respectively Catalyst Metals Ltd. advises that Collins Stre...

Golden Spike Resources Corp. further to its news on June 7, 2024, the Company is pleased to announce that it has amended its non-brokered private placement financing from 4 million units to 4,170,500 Units at a price of $0.15 per Unit for aggregate gross proceeds of $625,575. Each Unit will be comprised of one common share and one-half of one transferable common share purchase warrant , with each whole transferable Warrant entitling the holder to purchase one additional common share at a price of $0.30 for a period of 2 years from closing of the Offering. The Offering is oversubscribed and expected to close on June 21, 2024. The Company has received a lead order from Mr. Eric Sprott. Mr. Sprott's investment, combined with his existing substantial shareholding, positions him a...

Eureka Lithium Corp. is pleased to announce, further to its news release of June 14, 2024, that the Company's common shares commenced trading on a consolidated basis, with one post-consolidated Common Share outstanding for every ten pre-consolidated Common Shares , effective at the opening of trading today, June 19, 2024 . As a result of the Consolidation a total of 5,175,462 Common Shares are issued and outstanding, subject to adjustments for rounding, on the basis of each fractional share of less than 0.5 being cancelled and each fractional common share of 0.5 or greater being rounded to one whole Common Share. Neither the name nor the trading symbol of the Company have changed. A new CUSIP number has been issued for the post-consolidation Common Shares, being 298596206. Th...

Delta Lithium Ltd. is pleased to announce an update for the ongoing exploration activities at its 100% owned Yinnetharra Lithium Project in the Gascoyne region of Western Australia. The Company's recent drilling results continue to demonstrate a high grade, spodumene rich mineralised system present at Jamesons, albeit in a complex geological setting. Delta plans to use further drillholes to assist in identifying the orientation of the fractionated spodumene core of the main J1 pegmatite, which is showing Li2O intervals in excess of 1% at up to 225 metres down hole in our deepest drilling so far in JREX014. Infill drilling at the Malinda Prospect continues to demonstrate quality lithium intercepts from surface with the dominant lithium bearing mineral being spodumene. Commenti...

Erdene Resource Development Corp. is pleased to publish its 2024 Letter to Shareholders authored by President and CEO, Peter Akerley. To read the letter please visit: Letter to Shareholders Peter Akerley, Erdene's President and CEO stated, "The past year has been transformative for our Company. As outlined in my letter to fellow shareholders, we closed the Strategic Alliance with Mongolian Mining Corporation, commenced construction of the Bayan Khundii Gold Project and continued to see exploration success in our Khundii Minerals District in southwestern Mongolia." Mr. Akerley continued, "These accomplishments are the result of more than twenty years of effort in Mongolia, where Erdene has been the most active explorer and developer in the unexplored western portion of Mongoli...

TSXV:OIII | OTCQX:OIIIF - O3 Mining O3 Mining Inc. announces that in accordance with the terms of the senior unsecured convertible debenture issued on June 19, 2023 , it has elected to issue to the holder thereof 215,517 common shares at a deemed price of $1.16 per Common Share as payment for, and for the satisfaction of, the amount of $250,000, representing 50% of the total interest obligation due and payable by the Corporation in respect of the June 19, 2024 interest payment owing under the Debenture. Pursuant to the Debenture, O3 Mining shall have the right, subject to the approval of the TSX Venture Exchange and other conditions set out in the Debenture, to elect to satisfy up to 50% of its interest payment obligation in respect of any interest...