• Sonntag, 25 August 2024
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  • K92 Mining Inc. is pleased to announce financial results for the three and six months ended June 30, 2024. Production Quarterly production of 24,347 ounces gold equivalent or 21,661 oz gold, 1,246,639 lbs copper and 26,754 oz silver . Production for the quarter was impacted by the temporary suspension of operations as previously announced. Cash costs of US$919/oz gold and all-in sustaining costs of US$1,510/oz gold . Strong metallurgical recoveries in Q2 of 93.7% gold and 95.3% copper, representing the highest gold recoveries since Q4 2019 and record quarterly recoveries to date for copper. Quarterly ore processed of 95,582 tonnes and total ore mined of 99,209 tonnes, with long hole open stoping performing to design, and 1,938 metres of total mine development. Head grade of 8...
  • Contango Ore Inc. announced today it filed its Form 10-Q for the quarter ended June 30, 2024 with the Securities and Exchange Commission. The Company reported a net loss of $18.5 million or a loss of $1.90 per basic and diluted share for Q2-2024, which includes a non-cash expense of $12.6 M related to a loss on mark-to-market derivative contracts, calculated based on a forward gold price compared to the contracted hedge price. This compares to a net loss of $10.4 M or a loss of $1.38 per basic and diluted share for the three month period ended June 30, 2023 . The primary reason for the increase in net loss in the 2024 period is due to the Company entering into derivative gold hedging contracts with its lenders in the second half of 2023. Furthermore, the Company incurred incr...
  • Gold Royalty Corp. is pleased to announce the filing of its operating and financial results for the three and six months ended June 30, 2024. All amounts are expressed in U.S. dollars unless otherwise noted. David Garofalo, Chairman and CEO of Gold Royalty, commented: "The second quarter of 2024 was transformational for Gold Royalty as we meaningfully enhanced our growth outlook through the Vares Copper Stream transaction. We are now on the cusp of several key development stage assets ramping up to full capacity such as Côté, which recently achieved commercial production, Vares which is set to achieve commercial production in the fourth quarter, and Borborema, which is on track for initial production in the first quarter of 2025. Our strategic acquisitions over the past twelv...
    13.08.2024
    von CNW
  • Electra Battery Materials Corp. today announced voting results of its 2024 annual general and special meeting of shareholders held today, August 13, in Toronto. A total of 13,467,376 common shares in the capital of the Company , or 23.6% of Electra's issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of all items of business put forth at the meeting, including the appointment of MNP LLP as external auditors. On a vote by ballot, each of the four director nominees listed in the management circular were elected to serve until the next annual meeting of shareholders or until their replacement is named: Nominee Votes For % of Votes For Votes Against % of Votes Against Trent Mell 4,933,319 83.89% 947,188 16.11% ...
  • Elcora Advanced Materials Corp. , , is providing this update on the status of a management cease trade order granted on July 30, 2024 by the Nova Scotia Securities Commission under National Policy 12-203 - Management Cease Trade Order . On July 12, 2024 and July 30, 2024, the Company announced that, for reasons disclosed in the news releases, there would be a delay in the filing of its financial statements and accompanying management's discussion and analysis for the fiscal year ended March 31, 2024 beyond the period prescribed under applicable Canadian securities laws . "We are working very hard to complete all of the remaining audit tasks as soon as possible," said Troy Grant, CEO of the Company. During the MCTO, the general investing public will continue to be able to trad...
  • New Destiny Mining Corp. , provides the following update on its 2024 exploration program at the Treasure Mountain project, near Princeton, BC. Copper mineralization on hole TMN24-04 . A) Hydrothermally altered and banded volcanic unit with gray silica, chalcopyrite, and pyrite in bands. B) Disseminated network textured chalcopyrite in bands with pyrite and sphalerite within a volcanic unit. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/5001/219800_1e5e6004747f2a2c_002full.jpg Drilling continues at the Railroad copper-silver zone from the Treasure Mountain property. Hole TMN24-04 was designed to test the extension of the mineralized zone at the Railroad zone. TMN24-04 intersected an altered and banded volcanic unit from 13.61 ...
    13.08.2024
  • Coniagas Battery Metals Inc. is pleased to announce that all six nominees listed in its management information circular dated June 26, 2024 were elected as directors at the Company's annual meeting held today in Montreal with a vote of more than 99% of the votes cast at the meeting. Coniagas' Board of Directors now consists of Jessie Acton, Daniel Barrette, Aurelian Basa, Frank J. Basa, Ronald Goguen, Sr. and Heidi Gutte. At the meeting, shareholders also approved a resolution confirming an amendment to Coniagas' by-laws pertaining to quorum for shareholders' meetings and reappointed McGovern Hurley LLP, Chartered Professional Accountants, as Coniagas' auditor. About Coniagas Battery Metals Inc. Coniagas Battery Metals Inc. is a Canadian junior mining company, focused on nick...
  • Colibri Resource Corp. is pleased to report that the co-owner of its Pilar Gold & Silver Project in Sonora, Mexico, Tocvan Ventures has released an update regarding the plans for the next phase of resource definition drilling and outlines a permitting and operations strategy for a pilot facility at the jointly held Pilar Main Zone. Tocvan Pilar News Release - August 13th, 2024: Highlights: Upcoming Core Drill Program at Pilar Main Zone Scheduled for September Start Outlines Plans for Resource Drilling with Core and RC Calgary, Alberta - August 13, 2024 - Tocvan Ventures Corp. is pleased to provide an update from its gold-silver projects in mine-friendly Sonora, Mexico. The Company will refer to the consolidated area that includes the Pilar Main Zone and the adja...
    13.08.2024
  • ST. JOHN'S NL, Aug. 13, 2024 /CNW/ - Aurion Resources Ltd. announces that the Board of Directors of the Company has authorized the granting of stock options under its Stock Option Plan to purchase 2,800,000 common shares of the Company at an exercise price of $0.57 per share for a five-year term expiring August 13, 2029. The stock options are being granted to certain directors, officers, employees and consultants of the Company. About Aurion Resources Ltd. Aurion Resources Ltd. is a well-funded, Canadian exploration company listed on the TSX Venture Exchange and the OTCQX Best Market . Aurion's strategy is to generate or acquire early-stage precious metals exploration opportunities and advance them through direct exploration by our experienced team or by business partnerships...
    13.08.2024
    von CNW
  • Southern Silver Exploration Corp. has closed the second tranche of its previously reported non-brokered private placement by issuing 5,911,500 units at a price of $0.22 per unit for gross proceeds of $1,300,530. The Company has now closed two tranches for a total of 15,420,478 units for gross proceeds of $3,392,505. At final closing, the Company plans to issue up to 20,454,546 units in the non-brokered private placement at a price of $0.22 per unit for gross proceeds of $4.5 million. Each unit will consist of one common share and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.30. In connection with the Offering, the Company paid finders' fees totalling $7,920 and issued an aggregate ...
    13.08.2024
  • TSXV:OIII | OTCQX:OIIIF - O3 Mining O3 Mining Inc. is pleased to congratulate its largest shareholder Osisko Mining Inc. on its recently announced transaction with a 100% owned Canadian subsidiary of Gold Fields Ltd. whereby Gold Fields will acquire all of the issued and outstanding shares of Osisko . Osisko holds 18,291,854 commons shares which represents 20.7% of the Corporation and is the Corporation's largest shareholder. O3 Mining looks forward to working together with Gold Fields following the completion of the Transaction. Osisko Mining and Gold Fields Transaction Osisko has entered into a definitive arrangement agreement dated August 12, 2024 pursuant to which Gold Fields, has agreed to acquire all of the issued and outstanding...
    13.08.2024
    von CNW
  • Silicon Anode Technology Advancement with Extended Capacity Performance & Sustained Low-Cost Advantage Record-High Battery Performance Metric that Meets or Exceeds Industry Standards and Similar Commercial Products Two-Way Coating Enhancement: Simple, Feasible, and Low-Cost Planned Release of New Silicon-Carbon Anode Product Due to High Working Party & Industry Demand Recycled Silicon Evaluation In-Progress with Lotus Energy & INNOX eco-M Products South Korea Ministry of Science & ICT Certification as Recognized Corporate Research Institute NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce technological advancements in the Company's silicon anode technology - lon...
  • David H. Brett, President & CEO, EnGold Mines Ltd., reports that the Company has commenced drilling at its 100% owned, fully permitted Lac La Hache Copper-Gold Property located within the prolific Quesnel Trough porphyry belt in the southern Cariboo region of BC. "We are thrilled to be drilling again at Lac La Hache," said EnGold President and CEO David H. Brett. "Management is confident in the potential of the property to grow its resources as well as yield new discoveries." A series of holes are underway to test potential new copper skarn mineralization southeast of the Spout Copper Deposit indicated by the artificial intelligence work of ALS GoldSpot Discoveries and the geological insight of our exploration team. "The potential for new high grade copper skarn zones at Lac ...
    13.08.2024
  • Opus One Gold Corp. , is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement for gross proceeds of up to C$500,000 from the sale of units of the Company . In total, the Company issued 13,050,000 Units for gross proceeds of $261,000 at a price per Unit of $0.02 and was be comprised of one common share of the Company and one common share purchase warrant , with each Warrant entitling the holder to acquire one common share at an exercise price of $0.05 per Share for a period of 24 months following the closing of the offering. The Units were offered by way of the "accredited investor" exemption under National Instrument 45-106 - Prospectus Exemptions in all the provinces of Canada. The Units, Shares, Warrants and Warrant...
  • Cleveland-Cliffs Inc. announced today that it intends to offer to sell, subject to market and other conditions, an additional $500 million aggregate principal amount of Senior Guaranteed Notes due 2032 in an offering that is exempt from the registration requirements of the Securities Act of 1933 . The Additional Notes will be an issuance of Cliffs' existing 7.000% Senior Guaranteed Notes due 2032 and will be issued as additional notes under the indenture dated as of March 18, 2024 pursuant to which Cliffs previously issued $825 million aggregate principal amount of 7.000% Senior Guaranteed Notes due 2032 . The Additional Notes will be of the same class and series as, and otherwise identical to, the Initial Notes other than with respect to the date of issuance and issue price. ...



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