• Dienstag, 23 Juli 2024
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  • Nickel 28 Capital Corp. is pleased to announce a proposed normal course issuer bid to repurchase its common shares in connection with the adoption of a new shareholder capital return policy by the Company. In the opinion of management and the board of directors of the Company , the common shares have recently traded in a price range that represents a substantial discount to the Company's net asset value and does not reflect the underlying value of the Company. "Using Nickel 28's excess liquidity to buy back common shares at their current trading price would be highly accretive to our net asset value per share," stated Christopher Wallace, Interim Chief Executive Officer of the Company. "Accordingly, the proposed purchase for cancellation of shares by Nickel 28 during these ti...
    10.07.2024
  • Sanu Gold Corp. is pleased to announce new drilling results from its Bantabaye project in Guinea, West Africa. The Permit, which lies on the western margin of Guinea's prolific Siguiri Basin, is located approximately 50 km1 south of the multi-million once Lefa Gold Mine and 80 km north of the multi-million-ounce Bankan Gold Project2. Highlights: Significant Gold intercepts obtained including: 14 m of 1.94 g/t Au including 1m of 29.89 g/t Au in BANT-RC--048 14 m of 1.50 g/t Au in BANT--RC--031 3m of 9.86 g/t Au including 1m of 26.35 g/t Au in BANT--RC--036 12 m of 1.00 g/t Au in BANT--RC--033 11 m of 1.20 g/t Au in BANT--RC--035 A total of 6,060m in 47 RC drill holes completed across four targets. At Target 2, the felsic rock hosting the gold mineralization has been intercepte...
    10.07.2024
  • Riley Gold Corp. is pleased to announce that drilling is underway at the Company's Pipeline West/Clipper Gold Project by Kinross Gold U.S.A., Inc. , a wholly-owned subsidiary of Kinross Gold Corp. . Riley Gold entered into an exploration and venture option agreement with Kinross on March 13, 2024. The Agreement grants Kinross the right to earn up to a 75% interest in Riley Gold's PWC project by spending a minimum of US$20 million . PWC is located in Lander County, Nevada and consists of approximately 24.7 km² in the heart of the significant gold producing Cortez District . Kinross is funding and operating PWC and has a strategic 9.9% equity interest in the Company acquired through a private placement. "We are excited to have partnered with Kinross and to have drill...
    10.07.2024
  • HIGHLIGHTS: Angilak Project: The Angilak Project is host to the Lac 50 Uranium Deposit, which is one of the largest high-grade deposits outside of the Athabasca Basin, with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69% U3O8.1 In 2023, drilling at Angilak by Latitude Uranium intersected grades of up to 7.54 % U3O8 over 1.6 m. The 2024 Angilak Exploration Program is part of the Company's overall 2024 Exploration Program and consists of Phase I and Phase II . A ~10,000 m diamond drilling program targeting expansion of uranium mineralization along the Lac 50 Trend, proximal to the historic deposit, began on June 3rd, 2024. As of the end of June, six holes have been drilled outside the historic Lac 50 Mineral Resource footprint and successfully intersected ura...
  • First Atlantic Nickel Corp. , is pleased to report its initial sampling has confirmed the presence of a significant 30 km nickel trend at its 100% owned Atlantic Nickel Project in central Newfoundland, Canada . Strategically located near the Atlantic Ocean, the Project offers ideal access to maritime shipping routes, positioning it to supply nickel input for the steel and electric vehicle supply chains in both the United States and Canada. The Project's proximity to critical infrastructure, including road access, clean hydro-electric grid power, and favorable terrain and climate make it an optimal location for mining exploration and development. First Atlantic is prioritizing the identification of the strongest mineralized zones of awaruite, a naturally occurring nickel-iron ...
  • Churchill Resources Inc. is pleased to provide an update on its Taylor Brook nickel project, and announce a non-brokered private placement consisting of the sale of up to 50,000,000 units of the Company for gross proceeds of up to $2,500,000 , each as further described below. Taylor Brook Project Update: Spring Work Program The Company previously announced on February 29, 2024 that drilling and geophysical surveys completed during the winter have confirmed a previously unknown, large, dynamic magmatic intrusive system that extends from the Layden Nickel Showing area southeasterly for 13km to the Taylor Brook Gabbro Complex South Lobe. In particular, The TBGC South Lobe is of priority interest due to its intense, coincident, gravity and magnetic anomalies proximal to the rifte...
  • FPX Nickel Corp. is pleased to provide an update on value engineering studies focused on the mineral processing and infrastructure facilities for the Baptiste Nickel Project in central British Columbia. The mineral processing and infrastructure Value Engineering studies have achieved significant value creation through facility optimization, flowsheet refinement, enhanced operability, and improvements to the project build strategy and execution basis. Highlights Primary crushing: Changing from a gyratory-type primary crusher to mineral sizers has reduced earthwork and structural quantities, improved Phase 1 operability, and eliminated the need for a second primary crushing circuit in Phase 2 Concentrator expansion: A new integrated approach to the Phase 2 expansion has reduced...
    10.07.2024
    von CNW
  • First Nordic Metals Corp. is pleased to announce the successful completion of the Company's warrant exercise incentive program, as previously announced on June 13, 2024 , as well as the exercise of additional Company warrants and stock options, providing aggregate gross proceeds of $2,703,157 to First Nordic Metals Corp. Taj Singh, President and CEO comments: "The exercise of these warrants and options is a significant positive event as it strengthens our cash position and cleans up our capitalization structure. In the last three weeks, approximately 7 million warrants were exercised by our supportive shareholder base, allowing the Company to accelerate the advancement of its projects. We believe First Nordic's project portfolio is unique, with its combination of grade, scale...
    10.07.2024
    von CNW
  • Metalla Royalty & Streaming Ltd. is pleased to report that G Mining Ventures Corp. has announced by press release1 the first gold pour at the Tocantinzinho gold project in the State of Pará, Brazil, where Metalla holds a 0.75% Gross Value Royalty . Brett Heath, President & CEO of Metalla commented, "We would like to congratulate the G Mining team for bringing TZ into production on time and on budget less than two years after the formal construction decision. TZ will become Brazil's third-largest primary gold mine with a 10+ year mine life and significant potential to grow the resource base. Once at full production, TZ will be one of our largest revenue contributors, underpinning our portfolio of high-quality growth and cash flowing royalties." TOCANTINZINHO Met...
    10.07.2024
    von CNW
  • Defense Metals Corp. is pleased to confirm support from the Government of British Columbia in the development of its wholly owned Wicheeda Rare Earth Element Project. "Rare earth elements play a crucial role in green technologies like wind turbines and electric vehicle motors, and projects such as Wicheeda are integral to BC's critical minerals strategy and the world's energy transition," said Josie Osborne, Minister of Energy, Mines, and Low Carbon Innovation. "The BC Critical Minerals Office will bring significant benefits to the Wicheeda Project and others like it by providing a 'concierge-like' service with dedicated support to navigate regulatory processes, advance funding opportunities, and expedite solutions to issues." Craig Taylor, CEO of Defense Metals commented, "T...
    10.07.2024
    von CNW
  • SPC Nickel Corp. , is pleased to announce new assay results from the 2024 Drill Program at SPC Nickel's West Graham Project located in the world-class Nickel-Copper mining district of Sudbury, Ontario . The 2024 Drill Program is expected to complete 2,500 metres of drilling over 40 holes . Assay results from 3 of the 14 holes completed have been received and significant results are presented in Table 1 below. SPC Nickel anticipates completion of drilling by the end of August with additional assay results to follow when available. Highlights: Hole WG-24-087, intersected 1.05% Ni and 0.30% Cu over 16.0 metres from 32.0 to 48.0 metres. This interval is part of a wider interval that returned 0.63% Ni and 0.24% Cu over 41.0 metres from 10.0 to 41.0 metres . Hole WG-24-088, interse...
    10.07.2024
    von CNW
  • Northisle Copper and Gold Inc. is pleased to announce that drilling at West Goodspeed totalling over 3,077m has intercepted porphyry-related copper mineralization over an 800-metre strike length at West Goodspeed. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240710704035/en/ Figure 1: Aerial View Looking East to West Goodspeed Assays have been received from the first completed 2024 hole which intercepted porphyry-related copper and gold mineralization over approximately 200 metres, starting 9m below surface, with significant intervals shown in Table 1. Porphyry-related alteration with chalcopyrite as described further below has been visually observed in all drill holes completed during 2024 at the West Goodspeed ...
  • Golden Pursuit Resources Ltd. is pleased to announce that it has appointed Dr. Frank Bierlein, PhD to the company's Advisory Board. Dr Bierlein is a skilled natural resources professional with over 30 years of experience in grassroots to mine-stage mineral exploration, corporate development, mining intelligence, and applied geological research. As an experienced Geologist with a proven track record in project and target generation, feasibility studies, corporate strategy, and investment analysis, Dr. Bierlein has practiced in a wide range of geologic settings and deposit types. He has planned and conducted exploration projects on six continents and across multiple commodities. He has a special interest in orogenic gold deposits, such as the company's deposits located at Gordo...
    10.07.2024
  • Trilogy Metals Inc. announces its financial results for the second quarter ended May 31, 2024. Details of the Company's financial results are contained in the interim unaudited consolidated financial statements and Management's Discussion and Analysis which will be available on the Company's website at www.trilogymetals.com, on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. All amounts are in United States dollars unless otherwise stated. Highlights Expenditures tracking on or below budget for the first half of the fiscal year. Cash on hand of $14.0 million as at May 31, 2024 and $26.5 million as at July 10, 2024. Our 50/50 joint venture with South32 Ltd. , Ambler Metals LLC returns excess cash to owners for ease of cash management. Final Supplemental E...
    10.07.2024
    von CNW
  • Orezone Gold Corp. is pleased to announce that the Company has secured binding commitments totaling over $105 million to fully finance the construction of the Phase II hard rock expansion at its flagship Bomboré Gold Mine. With this financing, the Company's Board of Directors has approved a positive construction decision for this brownfield expansion. With early works complete, engineering and procurement well-advanced, and major works expected to commence shortly, the Phase II expansion remains on schedule for first gold in late 2025. Financing Package Highlights: $58 million senior secured term loan with Coris Bank International , a leading West African bank and the Company's current senior lender. $47 million non-brokered private placement of 92,743,855 common shares of Or...



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