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  • North Bay Resources Inc. is pleased to announce assays have been received from recent exploration at its Fran Gold Joint Venture . Assays were taken over a wide area of known gold mineralization across pre-existing trenches A through E. Assays from separate composite samples from trenches B and C resulted in near identical results of 0.5 troy ounces per ton of gold. This central area of the Property is recognized as the richest area in the Bullion Alley Zone, and is supported by extensive drilling, reflecting a potential feeder zone. This area remains the focus of upcoming bulk sampling. In addition, trenches A and B, assayed 0.9% copper with high iron. Assays were completed at ALS Global Laboratory, North Vancouver, BC, utilizing fire assay with atomic absorption finish for ...
  • VANCOUVER, BC, June 18, 2024 /CNW/ - Trading resumes in: Company: Sarama Resources Ltd. TSX-Venture Symbol: SWA All Issues: Yes Resumption : 9:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information about a specific halt bey...
    18.06.2024
    von CNW
  • Power Metals Corp. is pleased to report high-grade cesium and lithium results on the remainder of exploration drillhole assays from the winter 2024 drill program at its 100% owned Case Lake property in northeastern Ontario. Exploration drilling at the world-class West Joe Prospect has continued to intersect shallow high grade cesium mineralization up to 24.70% hosted in pollucite. This is the highest-grade cesium intercept reported to date at West Joe and continues to add confidence to this unique prospect along with lithium intercepts of 2.00 m at 3.55% Li₂O and 32.44 m at 1.40% Li₂O . In addition, the assay results at the Main Zone continues to deliver encouraging lithium intercepts with the following highlights: HIGHLIGHTS WEST JOE: PWM-24-201: 7.13 m at 1.21% ...
    18.06.2024
    von CNW
  • West Mining Corp. is pleased to announce that it has retained Venture Liquidity Providers Inc. to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the Company. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the CSE and other applicable laws. For its services, the Company has agreed to pay VLP $5,000 per month, commencing on June 18, 2024. The agreement has an initial term of three months, following which it will renew for successive one month terms, provided that after the initial three month term the agreement may be terminated by either party at any time. The Company and VLP act at arm's length, and ...
  • Lexston Mining Corp. Lexston Mining Corp. is pleased to announce the engagement of Aurora Geosciences Ltd. In preparation for the 2024 field season. Crews are anticipated to mobilize in June 2024, to begin verifying historical results and ground truthing favorable anomalism in high priority target areas on the properties. CEO Jag Bal stated, "This field program will initially verify the historical uranium anomalism identified at the property which we intend to follow up with additional ground-based geophysics ahead of a future drilling program". Mr. Bal continues, "This year's program will mark Lexston's inaugural field season focusing on the ground truthing uraniferous boulder trains identified at the property. Aurora Geosciences brings over 40 years of remote ...
  • - Teuton Resources Corp. is pleased to report that Project Operator and Joint Venture partner Tudor Gold has announced a 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 the 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 progra...
  • Goldsource Mines is pleased to announce that Institutional Shareholder Services Inc. and Glass, Lewis & Co., two leading independent proxy advisory firms, have each recommended that Goldsource shareholders vote "FOR" the Arrangement with Mako Mining, whereby Mako will acquire all of the issued and outstanding common shares of Goldsource by way of a court-approved plan of arrangement under the Business Corporations Act . The ISS Report states, among other things, that "the arrangement carries sound strategic logic as the combined company is expected to deliver meaningful cost synergies while benefitting from a stronger financial position as compared to standalone GXS" and "in light of the premium, strategic rationale, financial going concern, and positive market r...
    18.06.2024
  • Heritage Mining Ltd. is pleased to announce that its $750,000 non-brokered private placement previously announced on June 12, 2024 is now fully subscribed. Peter Schloo, President, CEO and Director of Heritage, has subscribed for 2,430,000 Units at an aggregate purchase price of C$121,500. "We are immensely grateful for the unwavering support from current institutional holders, existing and newly welcomed stakeholders both on market and in the private placement. The alignment of our collective vision has been a driving force, and we look forward to the positive impact this will have on our future endeavors. We thank everyone in advance for a quick and successful closure." Commented Peter Schloo, President, CEO and Director of Heritage. Non-Brokered Private Placement Pursuant ...
  • TSX.V: COCO Coast Copper Corp. is pleased to announce it has doubled the size of its 100% owned Sully property to 10,852 hectares by staking and entering into five arms-length purchase agreements. The Sully property in southeastern British Columbia , Canada, has favorable geology, geophysical magnetic signatures and historical results and occurs to both the north and the east of PJX Resources Inc.'s Dewdney Trail property¹ where they have recently made a new discovery of Sullivan-style base metal mineralization. For more information, please see the Coast Copper news release of February 12, 2024. The Sully Property is within the Vulcan Tectonic Zone which hosts the Sullivan, Republic, Rossland, Sheep Creek and Pend O'Reille Mining Districts. Highlights from the n...
    18.06.2024
    von CNW
  • Bullion Gold Resources Corp. announces that it has completed the first phase of its 2024 exploration program on the Bodo project and discovers a massive sulfide horizon south of the Canico showing. Consisting of 722 mining cells with an area of ​​approximately 39,000 hectares, the Bodo project is located approximately 140 km north of Chibougamau, in James Bay, Quebec. The primary objective of this phase of work was to verify the historical data reported in the various reports from the MRNF of Quebec. The team led by experienced geologist Wayne Holmstead found almost all of the drilling done in 1963 by Merrill Island Mining Corp as well as locating all other mineralized showings mentioned in the various reports. More than 50 samples were...
    18.06.2024
  • Atco Mining Inc. ; ; is pleased to provide a summary of analytical results from the inaugural winter 2024 drill program at its 3,061-hectare Atlantic Project highlighting uranium mineralization in multiple drill holes. Atlantic is situated in the prolific eastern Athabasca Basin, northern Saskatchewan . The Project is currently under option with Standard Uranium Ltd. an arms-length company listed on the TSX Venture Exchange . Pursuant to the Option, Atco can earn a 75% interest in Atlantic over three years. The winter 2024 drill program contributes to satisfying the first year of minimum exploration expenditures required by the Option. Highlights: Uranium Mineralization Confirmed: Analytical results from the winter 2024 drill program at the Project confirmed hig...
  • Blackbird Critical Metals Corp. is pleased to provide an initial update on the recently announced ground exploration program. The goal of this program is to assess additional targets highlighted by the SkyTEM survey completed in the fall of 2023 at the Tyee Critical Metals Project, located 130 km north of Havre-Saint-Pierre in Quebec. Highlights: Massive ilmenite was sampled in outcrop for the first time at the southern end of the Big Tio target Ground exploration further detailed the Big Tio and NS Trend targets through beep mat prospecting and mapping Massive ilmenite found to occur both with accessory sulphide minerals and magnetite, giving the occurrences a varying conductive and geophysical signature, an important finding for the planning of future exploration programs "...
    18.06.2024
  • T2 Metals Corp. is pleased to announce that the Company's non-brokered private placement financing , announced on May 8, 2024 and June 10, 2024, is now oversubscribed and, as a result, the Company has upsized the offering. The Company now proposes to issue up to a total of 9,600,000 units , at a price of $0.25 per Unit for gross proceeds of up to $2.4M. Each Unit comprises one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.40 for a period of three years from closing. Proceeds will be used for working capital and exploration. The Company has issued 4,978,000 Units to date for gross proceeds of $1,244,500 and management expects the balance of the Private Placement, tota...
    18.06.2024
  • Blue Star Gold Corp. provides an update on its active exploration program at the Ulu and Roma Projects in the Kitikmeot region of Nunavut . Highlights From 1st Month of the Current Field Program: Ulu Project Mikigon: A +500-metre-long mineralized trend that returned numerous high-grade gold samples in 2023. No previous drilling has been conducted on this priority drill target ~3.5 km NE of the high-grade Flood Zone deposit Recently completed induced polarization geophysical survey identified a +1,500-metre-long open anomaly associated with the known mineralized trend exposed on surface The IP survey also identified a similar parallel feature ~450 metres to the west Nutaaq Trend '3-D' IP survey has been completed to refine targeting Roma Project Field review of all proposed dr...
    18.06.2024
  • Winshear Gold Corp. , is pleased to report that it has initiated field activities at the Gaban Gold Project, SE Peru, including construction of an access road to the Coritiri Gold Zone, a staging field camp and the preparation of five drill sites in anticipation of a 1,600m helicopter supported diamond drill program. Access to the project area and drill sites is reached via a nine kilometre foot path and light vehicle road. The road construction is expected to take around two months to complete. Gaban is located in the Puno Orogenic Gold Belt at the juncture of the San Gaban and Inambari Rivers, which then drain into the Madre de Dios basin where extensive alluvial gold mining covers an 1,800 square kilometre area . The Company is investigating Gaban as a potential hard-rock s...



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