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  • Homerun Resources Inc. is pleased to announce that researchers at UC Davis in collaboration with Homerun have developed a femtosecond thermal laser processing method to purify raw silica sand to a level of 99.999% purity. The single step thermal method uses a femtosecond laser that involves subtle structural and optical phenomena controlled by multiple process parameters. Skillful variation of these conditions produces various topographical features and microstructural changes which depend on specific laser parameters like number and intensity of pulses. The prospect of further adaptation and development of the treatment variables is a vast area of research and major proprietary product development theme. Subhash H. Risbud, Distinguished Professor, Department of Materials Sci...
    19.06.2024
  • Velocity Minerals Ltd. reports the results of its annual general meeting of shareholders held on June 18, 2024 in Vancouver, British Columbia. All the motions presented to the shareholders were approved. Votes representing 149,815,984 shares were cast, representing 76.36% of the issued and outstanding shares at the record date. A summary of the Meeting results is outlined below. Motion Votes for the Motion Percentage of Votes in Favour Number of Directors 149,550,960 99.82% Keith Henderson 149,540,746 99.82% Mark Cruise 149,540,746 99.82% Daniel Marinov 149,540,746 99.82% Gerrie van der Westhuizen 149,805,770 99.99% Michelle Roth 149,540,960 99.82% Appointment of Auditor 149,815,984 100% Ratification and Approval of Stock Option Plan 149,264,960 99.63% About Velocity Minerals...
    19.06.2024
  • Happy Creek Minerals Ltd. is pleased to announce that it has received a five-year drill permit on the Company's Silverboss Project located in the South Cariboo region of British-Columbia. Highlights The 100% owned Silverboss Project is a 110 square kilometre group of contiguous mineral claims surrounding the historic Boss Mountain molybdenum-silver mine that produced from 1963 to 1983. Silverboss is highly prospective for copper, silver, gold, and molybdenum as well as nickel and PGM metals. The five-year permit for Silverboss allows for up to 30 drill holes, trenching, access trails and related work. The field program at Silverboss is set to commence in late June Happy Creek, President and CEO Jason Bahnsen commented "Our exploration program for 2024 is commencing at Silverb...
  • FUTURE INVESTMENTS INITIATIVES Sigma Lithium was honored to join a delegation from Saudi Arabia, the President of Brazil, the Governor and Mayor of Rio de Janeiro and business leaders at Saudi Arabia's Future Investments Initiatives Priority Summit held in Rio de Janeiro, ahead of the 2024 G20 summit in Brazil. Under the theme "Invest in Dignity," Saudi Arabia's first flagship summit in Brazil explored investing in the energy transition, technology, and how social inclusion can build a global order that prioritizes dignity for all. Sigma Lithium's Vice President of Institutional Relationships and Government Affairs, Ligia Pinto, co-chaired a discussion conclave with Saudi Aramco on "Transforming Foundations Beyond Energy: The Imperative of Materials Transition" and joined the CEO of Vale a...
    19.06.2024
    von CNW
  • Benton Resources Inc. is pleased to report that the Killick Lithium Property, jointly owned by the Company, Sokoman Minerals Corp. , and Piedmont Lithium Inc. through Vinland Lithium Inc., will be collaborating in a total of $1.322 million in NSERC grants to conduct research studies on the Killick Lithium Property in southern Newfoundland. The three-year project entitled; "The origin of lithium resources in Southern Newfoundland", began April 1, 2024. The work is led by researchers from St. Francis Xavier University in Nova Scotia and Memorial University of Newfoundland. Additional contributions from partner organizations will include staff and resources from Sokoman, Benton and Piedmont, as well as geoscientists from the Geological Survey . The grant was awarde...
    19.06.2024
  • Dolly Varden Silver Corp. is pleased to announce the first drill results from the 2024 exploration program, intersecting high-grade silver mineralization at the Moose and Chance Veins within the Kitsault Valley Project. Three rigs are currently drilling with 25 holes completed or in-progress. Highlights include*: Moose Vein DV24-387: 977 g/t Ag over 5.00 meters, including 3,670 g/t Ag over 0.79 meters Chance Vein DV24-388: 206 g/t over 23.03 meters, including 597 g/t Ag over 1.40 meters and 749 g/t Ag over 0.50 meters *All intervals shown are core length. Estimated true widths vary depending on intersection angles and range from 70% to 90% of core lengths, further modelling of the new interpretation is needed before true widths can be calculated. "These excellent results from...
    19.06.2024
  • Blue Star Gold Corp. announces that it has entered into an Advanced Exploration Lease with the Kitikmeot Inuit Association for a portion of the Ulu Project, providing the Company exclusive surface rights and access to this area of Inuit Owned Lands for a period of 10 years. Prior to the AEL, Blue Star applied for an annual surface rights permit which did not provide exclusive rights to the Company. Blue Star recognises that Inuit have access rights granted to them under the Nunavut Agreement, including accessing IOL covered by Advanced Exploration and Commercial leases, subject to any restrictions to that right provided under the Nunavut Agreement. Blue Star holds the subsurface rights in the AEL pursuant to a mining lease and a mineral exploration agreement with Nunavut Tunn...
    19.06.2024
  • Canadian North Resources Inc. ) is pleased to announce the voting results for the election of its Board of Directors at its Annual and Special Meeting of Shareholders held on June 18, 2024, in Mississauga, Ontario. A total of 75,369,669 common shares were voted at the Meeting, representing 65.81% of the common shares outstanding . Shareholders approved the re-election of all Directors as listed in the Management Information Circular dated May 28, 2024, and the reappointment of MNP LLP, Chartered Professional Accountants, as auditors of the Company at a remuneration to be fixed by the directors. In addition, the resolution to ratify and approve the Company's Stock Option Plan was passed. Refer to the Table below for the detailed results of the votes. 1. Election of Directors N...
  • Stock Symbol: AEM Agnico Eagle Mines Ltd. is pleased to provide an update on the Detour Lake mine, located in Ontario. The Company has recently completed an updated mineral reserve and mineral resource estimate and an updated life of mine plan for its Detour Lake mine as at March 31, 2024. The 2024 LOMP builds on the Company's previously filed technical report on Detour Lake as well as the mine plan update released by the Company in July 2022 . The 2024 LOMP updates the open pit mine production profile and incorporates updated costing. The Company has also completed a preliminary economic assessment which contemplates the concurrent operation of the open pit and a proposed underground mining project , combined with mill throughput optimization to 29 million tonnes per annum . Th...
    19.06.2024
    von CNW
  • Taseko Mines Ltd. announced today that the union representing workers at its Gibraltar Mine has now ratified the previously announced tentative agreement. The new agreement will be in place until May 31, 2027. Gibraltar workers have been recalled and mining operations and milling in concentrator #2 are restarting today. Concentrator #1 will remain idle while the crusher relocation project and other scheduled maintenance is being completed. Stuart McDonald President and CEO No regulatory authority has approved or disapproved of the information contained in this news release. Caution Regarding Forward-Looking Information This document contains "forward-looking statements" that were based on Taseko's expectations, estimates and projections as of the dates as of which those statem...
    19.06.2024
    von CNW
  • TSXV: EOX www.euromaxresources.com Euromax Resources Ltd. : , announces that today further to its news release dated June 7, 2024, it has now closed a non-brokered private placement consisting of 3,302,081 units of the Company , at a subscription price of C$0.02 per Unit for aggregate gross proceeds of C$66,041.62. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant will be exercisable for a period of five years following the closing date at an exercise price of C$0.05 per Common Share. The Units to be issued pursuant to the Private Placement, and any Common Shares issued in connection with the exercise of Warrants, if any, will be subject to a hold period of four months and one day from the date of issuanc...
    19.06.2024
    von CNW
  • Dynacor Group Inc. , an international gold ore industrial corporation servicing ASMs , today announced that it had recorded unaudited gold sales of US$23.7 million for May 2024, compared to US$21.5 million in May 2023. Sales increase versus May last year of US$2.2 million or 10.2% is due to increases in sales prices partially offset by decreases in sales volumes . Volumes were impacted by lower grades of ore supplied. In May, the average selling price of gold was US$2,340 per ounce, compared to US$1,980 per ounce in May 2023 as gold price continued to remain high. The 2024 cumulative sales at the end of May amounted to US$116.4 million, compared to US$97.3 million for the same period of 2023, a 19.6% increase. The average selling price of gold at the end of May 2024 was US$2,...
  • Collective Mining Ltd. is pleased to announce that a comprehensive airborne geophysical survey covering the Company's Guayabales Project in Caldas, Colombia will commence in the coming days. The Company is fully funded for its 2024 budget with US$23.6 million in its treasury as of May 16, 2024. Additionally, a sixth drill rig is being mobilized to the Guayabales Project as part of its fully funded 40,000 metres drill program for 2024. Drill rigs are currently operating at the Apollo, Box, Olympus and Trap targets with the sixth rig to commence drilling for the first time at the grassroot generated X target located in the southern portion of the project area. Drill cores from multiple holes are currently being assayed at ALS Laboratory in Lima, Peru with results expected in sh...
    19.06.2024
    von CNW
  • American Creek Resources Ltd. is pleased to announce that its JV partner Tudor Gold has provided the following strategic plan for the upcoming year centered on the Treaty Creek gold and copper project, located in the Golden Triangle of British Columbia. Key Objectives of Tudor's Strategic Plan Over the next 12 months, Tudor Gold expects to complete the following objectives: Continue the ongoing exploration and definition drilling program in Q3 2024 and report on results; Advance the metallurgical program and provide the results of this test work in 2024; Proceed with preliminary permitting and environmental requirements; and, Complete a Preliminary Economic Assessment by Q2 2025. Drilling Update On May 9, 2024, Tudor Gold initiated a 10,000-meter diamond drilling program at t...
    19.06.2024
  • K92 Mining Inc. is pleased to announce that K92 and its Papua New Guinea subsidiary, K92 Mining Limited , have entered into two separate credit facilities with Trafigura Pte Ltd . The Credit Facilities replace the previous loan agreement with Trafigura announced in September 2023 and upsize, on an aggregate basis, the 2023 Loan Facility amount from US$100 million to US$120 million, with an accordion feature to increase the aggregate amount available under the Credit Facilities to US$150 million . The key terms of the Credit Facilities are set out below. The Credit Facilities may be used for general corporate purposes, working capital purposes, and capital expenditure. No hedging is required for the Credit Facilities. All conditions precedent for advance of US$10...



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