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Rio2 Ltd. , after completing the Company's highly successful debt and equity financing announced on October 21, 2024, provides an update on the progress made by its Chilean subsidiary, Fenix Gold Limitada , which is currently constructing the Fenix Gold Mine located in the Maricunga Gold Belt of the Atacama Region, in Chile. Advancements include the commencement of hiring of our Chilean workforce, mobilization of civil construction and plant construction contractors, completion of civil works for the processing plant site and commencement of construction of the heap leach pad and adjoining PLS pond. The Company has also entered a fixed price contract totaling US$49M with its plant construction contractor, HLC Chile SPA, for the construction of the Fenix Gold Mine adsorption, ...

Pan American Energy Corp. is pleased to announce a non-brokered private placement for gross proceeds of up to C$1,000,000 and the intended settlement of C$209,282.88 of debt through the issuance of 2,616,036 Units of the Company . Pursuant to the Offering, the Company is offering up to 12,500,000 units of the Company at a price of C$0.08 per unit, with each Unit being comprised of one Share and one Share purchase warrant of the Company entitling the holder to acquire one Share at a price of C$0.12 per Warrant Share for a period of twenty-four months from the date of issuance. The Company intends to use the net proceeds raised from the Offering for general working capital. In connection with the Offering, the Company also intends to settle outstanding debts in an amount of C$2...

Vortex Energy Corp. is pleased to announce the completion of core logging and preliminary analysis of samples from Well VW231, part of the Robinsons River Salt Project in Newfoundland. This study was conducted in collaboration with Dr. Hassan Dehghanpour and his research team at the University of Alberta under an NSERC Alliance research partnership, the findings highlight the geological suitability of the site for underground hydrogen storage . The primary objective of the study was to evaluate the feasibility and safety of using the salt dome within the Robinsons River Formation for hydrogen storage. This involved assessing the structural integrity of the dome, the sealing capacity of the overlying rock layers, and the potential geochemical interactions between the salt form...

Greenridge Exploration Inc. , is pleased to announce the successful implementation of KorrAI Technologies Inc.'s advanced analysis at the Company's Nut Lake Project . KorrAI's hyperspectral imaging and AI-driven analysis continue to play a critical role in enhancing the efficiency and precision of future exploration efforts, leading to actionable targets and advancing Greenridge's objectives. The Company received significant outcomes, which were achieved through this innovative program with KorrAI . The 2024 exploration program included seventeen sample locations that showed readings greater than 30,000 cps, with six sample locations registering off-scale radioactivity . Russell Starr, Chief Executive Officer of the Company, commented, "The team continues to integrate KorrAI ...

Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that it has been granted an Intervention Permit for Mining Activities by the Ministere des Resources Naturelles et des Forets at its Southern Arm polymetallic VMS property , in the northwest Abitibi subprovince. This document permits the Company to begin access and drill pad preparations in advance of the company's planned maiden drill program in the winter of 2025. The Company has entered into an option agreement to earn 100% of Southern Arm over 2 years from Abitibi Metals Corp. . CEO Deepak Varshney stated: "Receiving this permit is a key milestone as we progress towards our maiden drill program at Southern Arm. With results of our Phase 1 field program ...

NOA Lithium Brines Inc. is pleased to announce that it has completed the last outstanding property payment related to its Rio Grande Project in Argentina. Upon the payment of US $300,000 made to Aldebaran Resources , NOA now owns 100% of El Camino property , which is a fully permitted claim within NOA's 37,000 hectares Rio Grande Project, located in the Salta Province. Gabriel Rubacha, Chief Executive Officer and Director of NOA, stated, "This is a major milestone for NOA. The company now fully owns all its claims in our flagship project, where all of our current announced resource is located. Based on the resource and high concentration, we strongly believe that the Rio Grande Project is one of the last undeveloped projects with the potential to become a major player in the ...

The cash consideration under the Offer represents a premium of approximately 26% based on the volume weighted average trading price of C$0.676 per Common Share on the TSX over the 30-trading days prior to December 13, 2024 and 10% based on the closing price of C$0.770 per Common Share on the TSX on December 13, 2024. Shareholders with questions about the Offer can contact Shorecrest Group at 1-888-637-5789 or +1 647-931-7454 or email: contact@shorecrestgroup.com or visit www.sierrametalscashoffer.com. Alpayana S.A.C. , announces today that it intends to commence an all-cash takeover bid to acquire all of the issued and outstanding common shares of Sierra Metals Inc. at a price of C$0.85 per Common Share through its newly formed wholly-owned Canadian subsidiary . The Offeror i...

Nevada Lithium Resources is pleased to announce that it has filed on SEDAR+ an independent technical report entitled "Mineral Resource Estimate NI 43-101 Technical Report, Bonnie Claire Lithium Project, Nevada" dated Dec 16, 2024, with an effective date of September 24, 2024. The Technical Report was prepared by Global Resource Engineering Ltd. The Technical Report was prepared at the request of the Company. The purpose of this Technical Report is to provide updated disclosure on the Company's Bonnie Claire lithium project located in Nye County, Nevada in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects . Nevada Lithium's CEO, Stephen Rentschler, comments: "We are excited to announce the impact of the new drillin...

Canadian Gold Resource Ltd. is pleased to announce the expansion of its Lac Arsenault property with the addition of 64 new claims, increasing its size by 36.62 square kilometres , nearly doubling the size of the existing property. This strategic acquisition targets key structural features associated with high-grade epithermal gold and silver mineralization. Expansion and Exploration Potential The newly staked claims encompass additional interlinking fault zones, providing excellent targets for further exploration. These areas, which have seen little prior exploration, are expected to contain further high-grade gold and silver mineralization, similar to the Baker vein discovery. "We're excited to expand our footprint at Lac Arsenault and explore these critical structural features that have ...

Scottie Resources Corp. is pleased to announce that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of December 12, 2024, and is for four months and shall be automatically renewed for subsequent one month terms unless either party provides at least thirty days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock opti...

Brixton Metals Corp. is pleased to announce North Target drill hole results of the 2024 season from its wholly owned Thorn Project located in NW British Columbia, Canada. The Thorn Project is an underexplored copper-gold porphyry district with many large scale exploration target areas identified. Highlights Brixton Metals' maiden drill program at the North Target has intercepted a Mo-Cu porphyry system with mineralization starting from surface consisting of: Multiple generations of porphyry-style quartz and quartz-anhydrite veins hosting molybdenite, pyrite, and chalcopyrite accompanied by potassic alteration halos Anomalous copper and molybdenum within multi-kilometer scale alteration zones of phyllic, potassic, and propylitic alteration centered around multi-phase crowded p...

Canadian Gold Corp. is pleased to announce the commencement of its Phase 4 drill program at the Tartan Mine located near Flin Flon, Manitoba. Phase 4 Exploration Program The Company's Phase 4 drill program will look to build upon the success of the previous phases that have significantly expanded the mineralization at depth since the 2017 resource estimate . The drill program will target four key areas discussed in detail below. Western extension and infill between 375 and 600 metres : To advance the current resource estimate at the Main Zone, six holes are planned to test the western flank and infill large gaps between drill holes at depths ranging from 375 to 600 metres below surface. The objective of these holes will be to increase the total number of ounces per vertical m...

CopperCorp Resources Inc. is pleased to announce that it has been granted new exploration licence application EL11/2024 located adjacent to its Razorback Property in western Tasmania, Australia. Highlights Newly granted EL11/2024 37km2 of highly prospective ground located within 2km of the Mt Lyell Cu-Au camp and 2.5km of the Company's Jukes Cu-Au prospect. EL11/2024 adjoins the northeastern margin of CPER's EL8/2023 and is located over the Linda Transfer Zone structure that also hosts the Mt Lyell Cu-Au system located within 2km of EL11/2024. The successful granting of EL11/2024 consolidates CopperCorp's dominant land holding in the region with the Company's 100% owned Skyline Project group of tenements now covering 92km of combined strike length over the eastern margin of t...