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  • 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...
  • Xplore Resources Corp. is pleased to announce the appointment of John Newell to the Xplore Board of Directors. Mr. Newell has over 35 years of capital markets experience, with nearly 25 years financing and managing successful resource exploration and development companies. He has an unbroken track record of delivering shareholder growth and is currently serving as President and CEO of Golden Sky Minerals Corp., a well-funded junior explorer focused on discovering new precious metal and copper projects in Canada. Mr. Newell is also a regular contributor and guest commentator for a range of mining and investment publications. He joins Xplore as the Company prepares to drill its flagship Surge lithium project in northern Ontario, Canada. Dominic Verdejo, President,...
    19.06.2024
  • Star Royalties Ltd. is pleased to announce that, at the annual and special meeting of shareholders held on June 18, 2024, each of the seven nominees listed in the management information circular dated May 3, 2024, were re-elected as directors of Star Royalties. Detailed results of the vote are set out below: Directors Nominee Votes For % For Votes Against % Against Votes Withheld % Withheld Anthony Lesiak 28,710,565 99.50 144,860 0.50 - - Alexandre Pernin 28,770,565 99.71 84,860 0.29 - - Jinhee Magie 28,449,065 98.59 406,360 1.41 - - Jay Layman 28,386,565 98.38 468,860 1.62 - - Beatriz Orrantia 28,770,565 99.71 84,860 0.29 - - Kylie Dickson 28,428,065 98.52 427,360 1.48 - - Belinda Labatte 26,389,065 91.45 2,466,360 8.55 - - Appointment of KPMG LLP as external auditors 30,928...
  • Altamira Gold Corp. , is pleased to announce various further initiatives to explore the Cajueiro district in the light of the identification of porphyry hosted gold mineralization at the Maria Bonita discovery. Highlights: Field review of the drill core from the Maria Bonita discovery by renowned expert consultant, Dr R. Sillitoe has confirmed the porphyry origin of the mineralization. "Maria Bonita is undoubtedly a porphyry gold deposit as shown by the control of quartz veinlet intensity and gold grade as well as the A-type character of the quartz veinlets" Dr Sillitoe also notes that "Porphyry systems commonly occur as clusters or alignments so additional examples might be anticipated in the general vicinity of Maria Bonita" Initial diamond drilling previously reported at Ma...
    19.06.2024
  • Sun Summit Minerals Corp. is pleased to announce its 2024 exploration plans for the road accessible JD Project, which will include diamond drilling at multiple high-priority zones, a project-wide LiDAR survey, an Induced Polarization geophysical survey, structural mapping, infill soil geochemical sampling and prospecting. 2024 Exploration Program Highlights: Sun Summit is planning to drill up to 4,000 metres in a phased work program, commencing with up to 2,000 metres of drilling at the near-surface, epithermal-related gold-silver Creek and Finn zones. A 20-line kilometre IP survey, designed to infill historical IP surveys and to cover new targets, will be completed. This survey will aid in the interpretation of both previous ground and airborne-defined anomalies and build on...
    19.06.2024
  • Intrepid Metals Corp. is pleased to announce additional results from its initial drill program on the Company's Corral Copper Property in Cochise County, Arizona. A total of 25 holes were completed at the Ringo, Earp and Holiday zones which define a 3-kilometer-long trend of near surface, locally high-grade copper-gold-silver-zinc mineralization . Highlights from the most recent drill results include: 91.40 meters of 0.71% Copper , 0.43 grams per ton Gold and 5.99 gpt Silver 1) in Hole CC24_022; including, 20.95m of 1.37% Cu, 1.39 gpt Au and 5.11 gpt Ag 1.55m of 6.22% Cu, 8.83 gpt Au and 11.80 gpt Ag and 1.15m of 6.08% Cu, 2.16 gpt Au and 16.90 gpt Ag . 174.85m of 0.32% Cu, 0.27 gpt Au and 1.82 gpt Ag in Hole CC24_019 including, 91.35m of 0.41% Cu, 0.36 gpt Au and 2.27 gpt Ag...
    19.06.2024



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