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Deep Yellow Ltd. is pleased to provide an update regarding its flagship Tumas Project and its progress toward a Final Investment Decision . HIGHLIGHTS - Tumas Final Investment Decision consideration deferred until early March 2025 due to delayed costings and quotes for equipment and construction, and further project optimisation - Final execution and plant construction commencement remains dependent on sufficient price incentivisation for greenfield project start-up - Early works on non-process infrastructure continuing - Firm volume and price offers received and accepted for the supply of both water and power to the Project from NamWater and NamPower respectively. Contracts being finalised for execution - Deep Yellow remains well-funded to progress Project development Final I...

Metalex Ventures Ltd. announces that, further to its news release on December 16, 2024 announcing a private placement , the Company has closed the Offering, resulting in gross proceeds of $1,050,000. The Offering consisted of the issuance of 42,000,000 flow through shares , issued at $0.025/FT Share. All securities issued in Offering are subject to a hold period expiring April 19, 2025. Finders' fees of $73,500 were paid in connection with this Placement. Proceeds from the Offering will be used to fund qualified critical mineral exploration expenditures on the Company's claim blocks in its 100% owned Quebec project. This project is under an agreement with Kel-Ex Development Ltd. , where Kelex is the operator of the project and receives a 10% fee on all third-party project cost...

Sandfire Resources is pleased to announce additional drill results from its 2024 exploration drilling program since the Company's news release dated July 24, 2024. The ongoing drilling program aims to upgrade and expand the Johnny Lee Lower Copper Zone resource of 1.2Mt at 6.8% Cu and 0.5Mt at 5.9% Cu. HIGHLIGHTS Continued exploration success at the Johnny Lee Copper deposit at the Black Butte Copper Project in Montana, USA. Sandfire America has completed thirty-two drill holes in the current drill program. This update highlights results from eleven holes, with the significant results from the Johnny Lee Lower Copper Zone including: Drillhole SC24-296 3.19m at 19.46% Cu from 471.86m Drillhole SC24-302 2.84m at 8.98% Cu from 357.36m Drillhole SC24-303 2.79m at 11...

EMP Metals Corp. is pleased to announce that, further to its announcement on November 25, 2025, it has issued 432,000 common share purchase warrants to Tembo Capital Holdings Guernsey Limited , pursuant to the loan agreement dated November 25, 2024 with Tembo. The Drawdown Fee Warrants were issued following the drawdown by the Company of US$2,000,000 from the non-revolving loan facility provided under the Loan Agreement, which is to be repaid, along with the interest of 13.5% per annum accrued thereon, by the Company on December 31, 2025. Each Drawdown Fee Warrant is exercisable to acquire one common share of the Company at an exercise price of CDN$0.35 per Common Share until December 18, 2026. The Drawdown Fee Warrants, including the Common Shares issuable on the exercise th...

Canterra Minerals Corp. is pleased to announce that it has increased the size of its previously announced non-brokered private placement financing priced at C$0.10 per Unit and Flow-Through Shares issued at C$0.12 per share, designated as "flow-through" under subsection 66 of the Income Tax Act . Red Cloud Securities Inc. is acting as a finder in connection with the Non-Brokered Private Placement. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant shall entitle the holder to purchase one common share of the Company at a price of C$0.15 at any time on or before that date which is 36 months after the closing date of the Non-Brokered Private Placement. The Company intends to use the net proceeds from the Non...

Trading Symbol TSX/NYSE American: SVM Silvercorp Metals Inc. is pleased to report assay results from its ongoing diamond drilling program at its LMW underground mine in the Ying Mining District located in Henan Province, China. LMW is one of seven underground mines at Ying, and the recent drilling focused on high-grade, low angle veins. Highlights include: High-angle Ag-Pb vein intercepts at the West Zone : Hole ZKX1613 intersected 2,705 grams per tonne silver , 0.67% lead , 0.26% Zinc , and 0.14% Copper over a 18.02 metre interval of vein W18W at the 1,024 m elevation Hole ZKX13828 intersected 1,367 g/t Ag, 8.66% Pb, 1.12% Zn, and 0.32% Cu over a 1.80 m interval of vein W6E at the 839 m elevation High-grade intercepts from low angle gold veins LM50, LM28 and LM26 : Hole ZKX10...

Odyssey Resources Ltd. announces that, effective immediately, James Crombie has resigned as President and Chief Executive Officer and as a member of the board of directors of the Company. The Company also announces the resignations of Alain Krushnisky as Chief Financial Officer and Carole Plante as Corporate Secretary. Concurrent with these changes, the Company announced the appointments of Matthew Goodman as President and Chief Executive Officer and a member of the board of directors, Darcy Donelle as Chief Financial Officer and Mark Pereira as Corporate Secretary. The board of directors of the Company is now composed of David Charles, Gérald Riverin and Matthew Goodman. Both Mr. Charles and Mr. Riverin are independent members of the board. Matthew Goodman is currently Vice ...

SKRR Exploration Inc. is pleased to announce the appointments of Messrs. Aleem Fidai and Bryson Goodwin to the Board of Directors of the Company . The Board accepted the resignation of Jeremy Ross as a director of the Company, and as member of the Board's Audit Committee effective December 18, 2024, and is pleased to announce that Mr. Aleem Fidai has joined as a director of the Company to fill the vacancy created by the foregoing resignation and has also been appointed to the Audit Committee in place of Mr. Ross. The Company is also pleased to announce the appointment of Mr. Bryson Goodwin as a director of the Company. Sherman Dahl, President & CEO of the Company, comments: "Properly telling the company story to the investing community is a competitive business. If it is not ...

MONTRÉAL, Dec. 18, 2024 /CNW/ - - Champion Iron Ltd. announces that Nippon Steel Corporation and Sojitz Corporation , entered into a binding agreement with Champion to form a partnership for the joint ownership and development of the Kamistiatusset Project . The Partners will initially contribute $245 million for 49% of the interest in the Partnership and Champion may receive future payments based on the Project's financial performance, if and when in operation . Should the Company and the Partners make a positive final investment decision election following the completion of a definitive feasibility study for the Project , they will share development and construction costs of the Project in accordance with their respective ownership interests. Through the Transaction and fut...

Bronco Resources Corp. , announces it will complete a non-brokered private placement for 225,000 units of the Company issued on a flow-through basis at a price of $0.115 per FT Unit for gross proceeds of up to $25,875 . Each FT Unit will consists of one common share that will qualify as a "flow-through share" within the meaning of the Income Tax Act and one-half of one common share purchase warrant with each Warrant exercisable at a price of $0.15 per share for a period of two years following the closing of the Financing. The FT Proceeds will be used by the Company to incur eligible Canadian exploration expenses that will qualify as flow-through mining expenditures to advance the Company's Placer Mountain Gold Project in British Columbia. All qualifying expenditures will be r...

PrairieSky Royalty Ltd. is pleased to announce the amendment and extension of its unsecured, covenant-based revolving credit facility and operating credit facility , with a syndicate of Canadian banks. PrairieSky has voluntarily decreased the Credit Facility from $725 million to $350 million. The reduced Credit Facility is aligned with PrairieSky's long-term strategy of maintaining a strong balance sheet. The Credit Facility provides for a permitted increase up to $600 million, subject to lender consent. The sustainability-linked performance and pricing mechanisms under the Credit Facility have been removed while all other covenants under the amended Credit Facility are unchanged. The Credit Facility matures on February 28, 2028. PrairieSky had $102.5 million drawn under its ...

HIGHLIGHTS: A groundbreaking ceremony was held at Koné today with a strong presence from government officials and local communities, demonstrating their support for the project given its significant social and economic benefits First gold production is expected in Q2-2027 as early works are well underway and major construction works are set to commence in the coming weeks EPCM contract was awarded to Lycopodium Minerals Pty Ltd with a number of tasks to be self-performed by Montage's experienced in-house construction team Key design parameters were optimized to enhance the crushing and milling circuit and improve the efficiency of the overall operation Project is fully funded with significant headroom given that the upfront capex is expected to be US$835m while Montage has in excess of US$...

Miramichi, New Brunswick ? SLAM Exploration Ltd. announces closing of its non-brokered flow-through private placement announced November 28, 2024. In connection with the private placement, the Company has issued 3,733,333 Flow Through Units at a price of $0.045 per FT Unit for gross proceeds of $168,000. Each FT Unit will be comprised of one common share of the Company issued on a "flow-through" basis and one-half common share purchase warrant issued on a "non-flow-through" basis. Each Warrant will entitle the holder thereof to acquire one non-flow-through common share at a price of $0.05 for a period of 24 months from the date of closing. The FT Units are subject to a four-month and one day hold period that expires on April 19, 2025. Proceeds received from the FT Units will b...