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  • Almaden Minerals Ltd. announces that it has commenced international arbitration proceedings against the United Mexican States under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership . The Company's international arbitration claim against Mexico will be prosecuted pursuant to the established and enforceable legal framework of the International Centre for Settlement of Investment Disputes . Almaden alleges that Mexico has breached its obligations under the CPTPP through actions which blocked the development of the Ixtaca project and ultimately retroactively terminated the Company's mineral concessions, causing the loss of the Company's investments in Mexico. Almaden initiated the six-month consultation period required under the CPTPP on December 13, 2023....
  • Lancaster Resources Inc. , a critical mineral exploration company, is pleased to announce the appointment of Miguel Paucar, B.Sc., M.Sc. to its Advisory Board. With over 28 years of extensive experience in the international mining sector, Miguel brings a wealth of knowledge and expertise from his work across diverse geographical regions including South Africa, Australia, Chile, Mexico, Peru, and Brazil. His career has encompassed significant roles in both underground and open-pit mining as well as geomechanics. Miguel notably served as the Mining Director at Sigma Lithium from 2021 to 2022, where he spearheaded major advancements in lithium extraction technologies and sustainability practices. Under his leadership, the company implemented initiatives such as using 100% renewa...
  • Almadex Minerals Ltd. is pleased to follow up its press release of April 16th, 2024 with updates regarding three more of the fourteen prospects it has staked since early 2023. These three prospects are located in central Nevada and Colorado, and are prospective for high sulphidation gold and porphyry copper-gold deposits. The Company is planning initial work programs designed to rapidly provide the exploration dataset to evaluate whether these targets merit drilling in the summer field season of 2024. The Company has only conducted preliminary exploration mapping and sampling to date. RR, Nevada The RR Prospect covers an area of hydrothermal alteration developed in volcanic rocks adjacent to carbonate rocks. Alteration mapping at RR has identified a large alte...
  • Energy Fuels is pleased to welcome Debra Bennethum to Energy Fuels' Management Team as Director, Critical Minerals & Strategic Supply Chain. Ms. Bennethum is a chemical engineer who previously served as the EV Critical Minerals Manager in the Global Purchasing and Supply Chain Division of General Motors, and previously as the Program Purchasing Manager for GM's Battery Electric Vehicles and Crossovers division. At GM, Ms. Bennethum executed supply strategies to ensure resilient EV critical mineral supply chains, which included the REEs for production of permanent magnets as well as battery critical minerals. She also identified innovative suppliers, vetted technical merit, evaluated ...
    17.06.2024
    von CNW
  • Global Atomic Corp. , today provided an update on its financing and development of the Dasa Uranium Project in the Republic of Niger, including: Updates on the approaches made to the Company to finance the development of the Dasa Project and timeline for the approval of the proposed US$295 million debt financing facility led by a US development bank Updates on the recent trip to Niger by President & CEO, Stephen G. Roman, CFO, Rein Lehari, and Chief Technology Officer, Dr. Santiago Faucher Dasa Uranium Project - Financing Options To complete the project financing for the development of the Dasa Project, the Company has received several approaches, including: The proposed US$295 million debt financing, led by a U.S. development bank which is advancing to the approval stage; Ap...
    17.06.2024
    von CNW
  • TSX Venture Exchange: BSK Frankfurt Stock Exchange: MAL2 OTCQB Venture Market : BKUCF Blue Sky Uranium Corp. , "Blue Sky" or the "Company") is pleased to announce the acquisition of two new projects totaling nearly 80,000 hectares that are prospective for discovery of uranium deposits amenable to In Situ Recovery in the Neuquén Basin of Argentina . These acquisitions represent a strategic initiative to broaden the Company's medium to long-term prospects for discovery of additional uranium mineral resources. Highlights: Option to earn a 100% in the ~20,000-hectare Corcovo project in the eastern part of the Neuquén basin within the province of Mendoza: Capitalizes on new mining promotion initiatives from the provincial government. The state-owned National Atomic Energy Commissio...
    17.06.2024
    von CNW
  • First Mining Gold Corp. is pleased to announce that due to demand, the Company has upsized and closed its previously announced non-brokered private placement offering of common shares of the Company for aggregate proceeds of approximately $7 million . Pursuant to the Offering, the Company issued 31,212,121 Common Shares that qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act at a price of $0.165 per National FT Share and 10,000,000 Common Shares that qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act and subsection 359.1 of the Taxation Act at a price of $0.18 per Québec FT Share. The gross proceeds raised from the Offering will be used by First Mining to fund exploration programs related to the C...
    17.06.2024
    von CNW
  • In this segment of The Ellis Martin Report and Money Talk Radio we visit with the Managing Director of The Astrologers Fund, Henry Weingarten. Are we actually in a recession? What does this mean for gold, silver and copper? Are there bargains with gold equities now? What do the stars say? Henry and Ellis take a good look at Gold Terra Resource Corp. as a potential double while the company's CEO Gerald Panneton believes it could be potentially a "10 bagger." We're speculating of course and biased as Gold Terra is a paid sponsor of The Ellis Martin Report and The Astrologers Fund, in full disclosure. Listen to this interview with both Henry Weingarten and Gerald Panneton of Gold Terra Resource Corp. To Listen to the Interview, please visit: https://www.abnnewswire...
  • Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce that the Ministry of Environment, Water, and Ecological Transition of Ecuador has granted Administrative Authorization over Public Hydric Domain for the Curipamba - El Domo project . This key permit allows the Project to carry out planned construction activities in accordance with the technical requirements stipulated in the Water Resources Law. With this approval, the last main step prior to the start of construction is the receipt of the final document outlining the transition from the medium scale exploration to exploitation phase as outlined in the Participants' news release on February 22, 2024. However, on June 12, 2024, a constitutional protective action filed against MAATE and the At...
    17.06.2024
    von CNW
  • Riverside Resources Inc. , is pleased to announce it has completed acquisition and title transfer of the Maria Luisa Copper Property immediately north of Riverside's Ariel Property thus consolidating another 30% and direct drill target for the full Ariel project. With this acquisition Riverside has now fully consolidated the highly prospective Laramide age porphyry Cu- district and now controls an area of 16 sq km. The Ariel project has had mineral exploration by Riverside including mapping, sampling, geochemistry, mineral chemistry, remote sensing, geophysical interpretations and is fully permitted for drilling. It represents a turnkey, undrilled, high quality drill target 18 kms immediately east and within sight of Mexico's 2nd largest copper mine, the La Caridad Copper Min...
    17.06.2024
  • K2 Gold Corp. today announced the commencement of a soil sampling program at the Wels Project, located in west-central Yukon Territory 60km south of Newmont's Coffee gold deposit. In addition, drill core from the Company's 2023 diamond drilling program at the Si2 Project, located 60km west of Tonopah, Nevada, will undergo hyperspectral analysis. Both projects are fully funded. Highlights: Wels Project: Soil sampling program has been designed to collect data over the previously unexplored western portion of the Wels property. Data and information acquired from this program will be used to evaluate possible extensions to the Saddle and Pekoe target areas which were successfully drilled by K2 in 2023. Si2 Project: Select intervals of drill core from the 2023 program at the Si2 P...
    17.06.2024
  • Up to 16,000 metre project-wide drill program, the second largest drill program on Hook project The second drill is anticipated to start in two weeks Baselode Energy Corp. is pleased to announce diamond drilling has started on the ACKIO uranium prospect within the Hook project in the Athabasca Basin area of northern Saskatchewan . "We are excited to be finally be back at our flagship Hook project, where we will be looking to expand upon our near-surface uranium discovery ACKIO. Additional drilling on ACKIO offers excellent prospects for expanding the known zones and making new discoveries along strike and depth. Additionally, we will be exploring Hook beyond the ACKIO zone. Hook is such a fertile uranium corridor that we've shown hosts high-grade uranium fluids, and we will t...
    17.06.2024
  • Copper Fox Metals Inc. is pleased to provide an update on the Schaft Creek project. The Schaft Creek project is managed through the Schaft Creek Joint Venture . Teck Resources Ltd. is the Operator of the SCJV and holds a 75% interest with Copper Fox holding the remaining 25% interest. The Schaft Creek deposit, located in northwestern British Columbia, is one of the largest undeveloped porphyry copper deposits in North America that contains significant gold-molybdenum-silver by-products. The 2024 program is budgeted at C$18.7 million and focuses on furthering technical investigations required to confirm key aspects of the open pit design and continuing environmental baseline studies in alignment with Tahltan Nation's cultural and social traditions. The program is an...
    17.06.2024
  • PPX Mining Corp. is pleased to announce that it has arranged a non-brokered private placement with a single investor of up to 62,500,000 units at a price of Cdn$0.062 per Unit for aggregate gross proceeds of up to Cdn$3,875,000 . Each Unit consists of one common share and one non-transferable common share purchase warrant . Each Warrant shall entitle the holder thereof to purchase, for a period of 24 months from the date of issue, one additional common share of the Company at an exercise price of Cdn$0.095 per Warrant Share. The Company intends to use the proceeds of the Offering for general working capital purposes. The Offering is being completed on a private placement basis pursuant to prospectus exemptions under applicable securities laws and is subject to final acceptanc...
    17.06.2024
  • Bluestone Resources Inc. reports that the Ministry of Environment and Natural Resources of Guatemala has notified the Company that it is challenging the approval procedure that approved the environmental permit amendment for the Cerro Blanco gold project. This permit amendment approval, that was received in January 2024 , changed the mining method from the existing permitted underground development to surface mining development. The Company is currently evaluating the legal aspects of the notification. About Bluestone Resources Bluestone Resources is a Canadian-based precious metals exploration and development company focused on opportunities in Guatemala. The Company's flagship asset is the Cerro Blanco gold project, a near surface mine developmen...
    17.06.2024
    von CNW



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