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Collective Metals Inc. is pleased to announce initiation of its Core Relogging Program on its flagship property, the Princeton Project , in south-central British Columbia. The Property hosts several alkalic Cu-Au porphyry targets associated with Triassic diorite intrusions analogous to those associated with the currently producing Copper Mountain Mine, which lies approximately 10 km to the east of the Project. A small crew has been mobilized to review, re-log and sample core from the previous operator's 2014 drill program. The core from the four diamond drill holes is stored at Keremeos and is easily accessible. The Core will be examined in the context of the previous operator's descriptions. The previous operator sampled the relatively few, low-grade mineralized intervals re...

Northern Shield Resources Inc. is pleased to announce that the Company has earned a 100% interest in the Root & Cellar property , located on the Burin Peninsula in southeastern Newfoundland. As per the terms of the option agreement signed in May 2019, prospector and original Property owner, Jeffery Brushett retains a 2.5% NSR of which 1% can be bought back by Northern Shield for $1.5M. The Property is being explored for epithermal gold mineralization and associated porphyry copper systems and includes 5 gold zones over a 6-kilometer strike-length hosted in a collapsed caldera complex. Tellurium, a critical metal, is associated with four of the showings and also with some of the copper mineralization. The Conquest Zone, in the centre of the property, covers an area 1800 x 800 ...

On Thursday, August 1, 2024, Peabody will announce results for the quarter ended June 30, 2024. A conference call with management is scheduled for 10 a.m. CT on Thursday, August 1, 2024. Instructions for the conference call participation and accessing a replay, as well as other investor data will be available at PeabodyEnergy.com prior to the call. Participants may also access the call using the following phone numbers: U.S. Toll Free 1 833 816 1387 Canada Toll Free 1 866 284 3684 International Toll 1 412 317 0480 Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com. Cont...

In the news release, MONTAGE GOLD MINING; C$170M issued 16-Jul-2024 by Montage Gold Corp. over PR Newswire, we are advised by the company that in the fifth paragraph, The first sentence, should read "In connection with the Offering, the Company has entered into an agreement with Stifel and SCP Resource Finance LP as co-lead agents and joint bookrunners on behalf of a syndicate of agents including Cormark Securities Inc., Raymond James Ltd., and Beacon Securities Limited to act as its placement agents [...]" rather than "In connection with the Offering, the Company has entered into an agreement with Stifel and SCP Resource Finance LP as co-lead agents and joint bookrunners , on behalf of a syndicate of agents to act as its placement agents [...]" as originally is...

JOHN'S, NL, July 16, 2024 /CNW/ - Aurion Resources Ltd. announces that that it has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents in connection with a best efforts, private placement for gross proceeds of up to CAD$5,000,000 from the sale of up to 9,090,909 common shares of the Company at a price of C$0.55 per Share . The Agents will have an option, exercisable in full or in part, up to 48 hours prior to the closing of the Offering, to sell up to an additional 1,818,182 Shares for additional gross proceeds of up to CAD$1,000,000 . Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions , the Shares will be offere...

Nevada King Gold Corp. is pleased to announce results for 15 reverse circulation reconnaissance holes drilled in and around the East Ridge Target at its 5,166 hectare , 100%-owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada. Drilling at the ERT commenced in June with five holes located to test coincident geophysical and geochemical anomalies. A fence of 10 holes were also drilled between the ERT and the Atlanta Resource Zone. The ERT covers a low resistivity zone that measures 100m-wide, strikes 1,000m north-south and is located 300m east of the historical Atlanta Pit and resource zone. Highlights: First pass drilling at the ERT has led to the discovery of an at-surface oxide gold zone called the East Ridge Zon...

Scottie Resources Corp. is pleased to announce the commencement of its 2024 drill program on the Scottie Gold Mine Project, located in BC's Golden Triangle. Following the detailed exploration plan outlined in May 2024, the $4.5 million dollar program aims to advance multiple areas, including the Scottie Gold Mine, Blueberry Contact Zone, and D-Zone targets, while initiating drilling on new showings and historic sites. President and CEO, Brad Rourke, commented: "With two drills turning, our program this year is set to efficiently build on Scottie's exploration successes at the Blueberry Contact Zone, the Scottie Gold Mine, and D-Zone. With a solid financial base and a clear strategy, we are well-positioned to capitalize on emerging opportunities in the area." 2024 Exploration ...

Eco Oro Minerals Corp. announced today that the arbitral tribunal constituted under the auspices of the World Bank's International Centre for Settlement of Investment Disputes has issued a 2-1 majority award on damages , with a dissenting opinion, awarding the Company no damages in relation to arbitration claims filed against the Republic of Colombia pursuant to the investment protection chapter of the Free Trade Agreement between Canada and Colombia . This follows a Decision on Jurisdiction, Liability and Directions on Quantum issued by the Tribunal on September 9, 2021 pursuant to which the Tribunal found that Colombia breached Article 805 of the Treaty in its treatment of Eco Oro's investment in the Angostura gold and silver mining project located in northeastern Colombia, ...

Talmora Diamond Inc. , is pleased to announce its intention to complete a non-brokered private placement offering of up to 5,000,000 units at a price of $0.05 per HD Unit and up to 3,000,000 flow-through units at a price of $0.05 per FT Unit for aggregate gross proceeds of up to $400,000 . The Company has reserved the right to increase the size of the Offering by up to 25% of the size of the Offering, such that the Company may raise additional gross proceeds of up to $100,000 in any combination of HD Units and FT Units, subject to the approval of the Canadian Securities Exchange . Each HD Unit will be comprised of one common share in the capital of the Company issued on a non-flow-through basis and one Common Share purchase warrant . Each FT Unit will be comprised of one Comm...

Alaska Energy Metals Corp. is pleased to announce that it has begun a drilling program to test compelling geological - geophysical - geochemical targets at the Canwell block of claims that form part of its Nikolai Nickel Project in Alaska. The drilling program includes plans for three holes for a total of 1,200 meters. The Canwell prospects are located near the Company's Nikolai project Eureka deposit which represents a large accumulation of nickel with copper, cobalt, chrome, iron, platinum, palladium and gold. Additionally, the Company plans to initiate bench-scale metallurgical testing on the EZ2 mineralization at its Eureka Deposit. Initial testing work will include bond ball mill grindability, flotation and magnetic separation testing. Detailed mineralogical work was rec...

Brixton Metals Corp. is pleased to announce that it has entered into a definitive option agreement with Eldorado Gold Corporation , whereby Eldorado has been granted the option to acquire 100%-ownership of the Company's Atlin Goldfields Project . The Project is a road accessible, 579 square kilometer mineral claim group located near the town of Atlin, British Columbia and is located within the traditional territory of the Taku River Tlingit First Nation. All dollar figures are in Canadian dollars, unless otherwise stated. Highlights of the Option Agreement During the 5-year option period , Eldorado shall fund $1,000,000 in exploration expenditures per year beginning September 30th, 2024, for an aggregate spend of $5,350,000; including an additional minimum commitment to fund ...

Abcourt Mines Inc. is pleased to announce a non-brokered private placement of up to 112,500,000 units of the Corporation at a price of $0.04 per Unit for aggregate gross proceeds of up to $4,500,000 . Each Unit will consist of one common share of the Corporation and one common share purchase warrant . Each Warrant will entitle its holder to purchase one Common Share at a price of $0.06 for a period of 36 months following the closing date of the Private Placement. It is expected that the net proceeds from the Private Placement will be used to advance activities for development and exploration at the Sleeping Giant Gold Project in the Abitibi Greenstone belt of Quebec. The Private Placement is expected to close on or about July 22, 2024 and remains subject to approval of the TSX ...

This news release constitutes a "designated news release" for the purposes of Marimaca Copper's prospectus supplement dated May 22, 2024 to its short form base shelf prospectus dated September 12, 2023. VANCOUVER, British Columbia, July 16, 2024 -- Marimaca Copper Corp. and Assore International Holdings Limited are pleased to announce a C$68 million equity investment by AIH in Marimaca. The Strategic Investment consists of the acquisition of 9,417,210 common shares of Marimaca by AIH from an affiliate of Tembo Capital Mining GP Limited, Ndovu Capital XIV B.V. , at a price of C$4.50 per Common Share for gross proceeds to Tembo Capital of C$42,377,445 pursuant to a share purchase agreement dated July 15, 2024 and the issuance of 5,725,000 units of the Company to A...