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VANCOUVER, BC, June 17, 2024 /CNW/ - The following issues have been halted by CIRO Company: Sarama Resources Ltd. TSX-Venture Symbol: SWA All Issues: Yes Reason: Pending News Halt Time : 7:37 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 pro...

KO Gold Inc. is pleased to announce its drilling plans in the Otago Gold District in New Zealand. The Company plans to initially complete reverse circulation and diamond drill holes on its Carrick, Hyde, Smylers, and Glenpark exploration permits over the next few months. This drilling program will focus on: the discovery of high-grade mineralized shear zones or lode gold within the Carrick Goldfield, located southwest of Santana Minerals' Bendigo-Ophir Gold Project within the Rise & Shine Shear Zone , and testing the extensions of the Hyde-Macraes Shear Zone adjacent to OceanaGold's active Macraes Gold Mine . Over the past four years, KO Gold has successfully acquired a total of nine, 100%-owned prospecting and exploration permits for a total of 833 km2 of prospective ground ...

Fireweed Metals Corp. , is pleased to announce that, due to strong demand, it has elected to increase the previously announced non-brokered private placement offering of Offered Shares . The increased Offering consists of three parts for gross proceeds of approximately C$43 million, as follows: 12,985,586 common shares of the Company at a price of C$1.10 per share; 909,090 common shares of the Company that will qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act at a price of C$1.55 per share; and 15,828,359 common shares of the Company that will qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act to be sold to charitable purchasers at a price of C$1.73 per share. The FT Shares and CFT Shares are be...

Koryx Copper Inc. is pleased to announce that it has closed a non-brokered private placement for a total gross proceeds of $1,999,890.96 for the sale of 16,665,758 common shares of the Company at a pre-Consolidation price of $0.12 per Share. All Shares issued under the Offering are subject to a four month hold from the date of issuance. The Company did not pay any finder's fees and no new control person has been created as a result of the Offering. The net proceeds from the Offering will be used for exploration work on the Company's Haib Copper project in Namibia, the Luanshya West project in Zambia, and for general working capital purposes. As announced in the Company's news release on June 11, 2024, the Company is completing a consolidation of its issued and outstanding com...

Sparton Resources Inc. is pleased to announce non-brokered private placements for gross proceeds of up to C$500,000. Up to 10,000,000 Flow-Through Shares of the Company will be offered at a price of C$0.05 per FTS for proceeds of up to C$500,000. Each FTS will consist of one common share of the Company. The Company intends to use the proceeds of the offering for the exploration of the Company's Critical Metals and Gold projects in Ontario and Quebec. Work will be carried out specifically, on the Pense -Montreuil polymetallic Project, and on the Oakes Project for gold and related copper mineralization. The Pense-Montreuil Project is located east of Englehart Ontario straddling the Ontario- Quebec border, where historical work has identified zinc-copper-nickel mineralization wi...

Grid Battery Metals Inc. and AC/DC Battery Metals Inc. are pleased to announce that the Company has received conditional approval for the Listing of AC/DC Shares on the TSX Venture Exchange . Pending final approval, the Company will be listed as a Tier 2 issuer on the Exchange which shares will trade under the symbol "ACDC". The Company plans to announce the details of the initial trading date of AC/DC shares in the coming days. The Company has also received conditional Exchange approval and Shareholder approval for its non-brokered private placement offering of 40,000,000 units at a price of CAD$0.05 per Unit for gross proceeds of CAD$2,000,000. Each Unit is comprised of one common share and one share purchase warrant . Each Warrant will entitle the holder thereof to purchas...

Founders Metals Inc. is pleased to announce preliminary metallurgical testing results from the Froyo Zone at the Antino Gold Project in southeastern Suriname. Four fresh rock samples and one saprolite sample totalling over 400 kilograms with head grades ranging from 1.55 grams per tonne gold up to 20.22 g/t Au were collected from across the Froyo Zone as representative samples. Baseline metallurgical testing began with a whole-ore leach process using sodium cyanide and a 48-hour leach period at a 75-micron grind for each sample. Gold recoveries ranged from 90.9% to 96.2% with no indication of preg-robbing, refractory gold or deleterious elements. Colin Padget, Founders CEO commented, "The initial metallurgical results from Antino are extremely positive and in agreeance with o...

Funds to be used for ongoing working capital, exploration program and preparation of Redstone Mill Gowest Gold Ltd. is pleased to announce that it has entered into a loan agreement with 15748593 Canada Inc. , pursuant to which Gowest may borrow up to an aggregate principal amount of $10,000,000. The proceeds of this loan are intended to be used by Gowest for ongoing general working capital requirements, to fund its exploration program, and to prepare the Redstone Mill for the anticipated milling of Gowest ore. As announced on June 7, 2024, Gowest entered into a toll milling agreement with Northern Sun Mining Corp. , pursuant to which, subject to certain terms and conditions, Northern Sun has agreed to mill and process ore produced from Gowest's Bradshaw mine at i...

Including 2.2 g/t Gold over 17.4 Meters Onyx Gold Corp. is pleased to announce results from four drill holes completed during its 2024 Spring Drill Program at its Munro-Croesus Project in the Timmins gold camp, Ontario . The four drill holes reported today were completed at the Argus Zone, a near-surface bulk tonnage target located three kilometers northwest of the past-producing Croesus Gold Mine. The Croesus Mine yielded some of Ontario's highest-grade gold ever mined and is where Onyx discovered the new near-surface, high-grade GM Vein earlier this year. Significant 2024 Argus drill results to date are reported in Table 1. The latest drilling continues to show improved grade and width as the Argus Zone is tracked west toward its convergence with the Pipestone fault. The Pi...

Nevada Lithium Resources Inc. is pleased to announce its intention to complete a non-brokered private placement of units at a price of C$0.15 per Unit to raise gross proceeds of approximately C$6,000,000 . Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant , each exercisable into one Share at a price of C$0.25 per Warrant for a period of three years from the completion of the Offering. Stephen Rentschler, CEO of Nevada Lithium stated, "The Offering provides Nevada Lithium with additional capital that can be used to increase shareholder value from our newly identified high-grade lithium and boron mineralization. Our 100% owned Bonnie Claire Project continues to build on its stature as one of the largest lithium resour...

Xali Gold Corp. is pleased to announce that a 20 hole sonic drill program has commenced on the Mexican Mine Tailings Reprocessing Project at El Oro in Mexico . Drilling is being carried out by Major Drilling Group International for the purpose of taking a representative sample, which will be used in metallurgical test work to confirm the process flowsheet. As per Xali Gold News Releases dated April 15, 2024 and May 16, 2024, the Company signed a Letter of Intent to enter a Purchase Agreement with Kappes, Cassiday & Associates , who have teamed up with Starcore International Mines Ltd. to put into production our environmental rehabilitation project to clean up the Mexico Mines Tailings in El Oro. Once production begins on the El Oro Tailings Project...

HIGHLIGHTS: Drew Heasman, ATHA's Director Geodata, who leads the Digital Discovery team won the top prize at the 2023/2024 Future Explorer's competition, organized by Humyn AI and funded by Dundee Precious Metals . The Future Explorer's competition began in the fall of 2023 with participation from over 200 data scientists and geoscientist, representing 37 countries. The Digital Discovery team won the "Best Overall Award" for combining mineral systems analysis with machine learning. The process analyzed geological and geophysical data supplied by Dundee, producing high-probability copper and gold exploration targets proximal to the Chelopech Mine, located in Bulgaria. Drew Heasman has applied a similar process at ATHA's Central Mineral Belt Project, a uranium-copper IOCG -type deposit model...

Anfield Energy Inc. is pleased to announce that it has received final approvals for its drill permit application to commence a 20-hole, 20,000-foot rotary drill program at its Slick Rock uranium and vanadium project, located in San Miguel County, Colorado. Permits approvals included the Bureau of Land Management, the Colorado Division of Resources Mining and Safety, and a Special Use Permit from San Miguel County, Colorado to allow access via county roads for the drilling project. The permits allow drilling between the months of June and September. Anfield will use local contractors to complete the drilling. Anfield expects to commence the drill program in the third quarter of 2024. This is a crucial step in Anfield's plan to secure a large mine permit for Slick Rock as the C...