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Flow Metals Corp. is pleased to announce that it will conduct a non-brokered private placement to raise aggregate gross proceeds up to $350,000 . The Offering will consist of non-flow through common shares issued at a price of $0.05 per NFT Share and flow-through common shares issued at a price of $0.07 per FT Share. Each FT Share will be a common share of the Corporation issued as a "flow-through share" of the Income Tax Act ). The gross proceeds will be used for "Canadian exploration expenses" , which will qualify, once renounced, as "flow-through mining expenditures", as defined in the Tax Act, which will be renounced with an effective date of no later than December 31, 2024 in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares. The...

Royal Gold Inc. announced today that its wholly owned subsidiary, RGLD Gold AG, sold approximately 52,600 gold equivalent ounces 1 comprised of approximately 39,200 ounces of gold, 593,200 ounces of silver and 1,500 tonnes of copper related to its streaming agreements during the three-month period ended June 30, 2024 . The Company had approximately 12,000 ounces of gold and 450,500 ounces of silver in inventory at June 30, 2024. RGLD Gold AG's average realized gold, silver and copper prices for the second quarter were $2,339 per ounce, $28.46 per ounce and $9,475 per tonne , respectively. Cost of sales was approximately $459 per GEO for the second quarter. Cost of sales is specific to the Company's streaming agreements and is the result of the Company's purchase of gold, silver...

Galiano Gold Inc. is pleased to announce the release of its 2023 Sustainability Report , covering both its corporate office and the Asanko Gold Mine . This Report focuses on the Company's continuous progress on its environmental, social, and governance performance and outlines its vision for sustainability going forward. The Report's disclosures and metrics align with international sustainability reporting standards including the Global Reporting Initiative and the Metals and Mining Standards of the Sustainability Accounting Standards Board. 2023 Sustainability Report Highlights: Environment Zero significant environmental incidents. Conducted progressive environmental reclamation activities on 25 hectares of previously mined lands. Maintained International Cyanide Management C...

Liberty Star Minerals updates initial channel sampling assay results to date from its wholly owned Red Rock Canyon Gold Project within its Hay Mountain Project in southeast Arizona. The RRC may possess commercially important metals associated with porphyry copper-gold-moly geologic structures, well represented in the area from central Arizona to northern Mexico. The presence of bonanza grade gold on this first outing is consistent with findings from previous investigations of the area . Overall, these findings reinforce the Company's expectation that the RRC may possess significant quantities of near surface high grade gold. These current results are from channel samples across 23 jasperoid lenses, comprising 116 samples total, including QA/QC samples submitted to the ALS Labs facility in ...

Viscount Mining Corp. is pleased to announce it intends to raise $5,000,000 in a non-brokered private placement on a best efforts basis. The offering is comprised of up to 20,000,000 units of the Company at a price of $0.25 per Unit. Each Unit consists of one common share of the Company and one transferrable Share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional Share at an exercise price of $0.30 for a term of 2 years following the issue date. The Company may pay up to 5% in cash, as finders fees to qualified finders in relation to the financing. Net proceeds from the Offering are expected to be used for the exploration and development of the Company's mineral property interests and ongoing working capital requirements. As insiders wi...

Altius Minerals Corp. is pleased to update its Project Generation business activities and its public junior equities portfolio. The market value of equities in the portfolio at June 30, 2024 was $55.8 million, compared to $45.4 million at March 31, 2024. Cash proceeds of $7.6 million were generated from various portfolio sales while $2.9 million was invested during the quarter through the exercise of warrants. Net proceeds of $11.4 million have been generated from the portfolio thus far in 2024. An updated list of the public equity holdings has been posted to the Altius website at https://www.altiusminerals.com/investor-information/junior-equities-portfolio/. Portfolio Updates Recently reported updates from certain portfolio companies included the following: Orogen Royalties I...

Power Metals Corp. is pleased to announce an update on exploration activities across its Ontario and Quebec properties. The Company engaged Pioneer Exploration to conduct a low-level, high-resolution Magnetic Drone Survey at the southern portion of the Case Lake property. The Company has also mobilized a geological team to conduct field work at its Decelles and Mazerac properties in Quebec. In addition, Woodland Heritage Northeast has commenced Phase II of an Archeological Survey at Case Lake. The Company has also been developing key target areas at Case Lake with Southern Geoscisence Consultants who have completed a structural and lithological interpretation identifying additional high-priority targets as highlighted below: Southern Geosciences Consultants of Perth, Australi...

MONTRÉAL, July 09, 2024 -- Cerro de Pasco Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement, for total aggregate gross proceeds of $3,298,000 . CDPR issued 32,980,000 units of the Corporation at a price of $0.10 per Unit, each consisting of one common share and one Common Share purchase warrant . Each Warrant entitles its holder to purchase one Common Share at an exercise price of $0.15 per Common Share for a period of 24 months, subject to acceleration in certain circumstances . Eric Sprott, a new insider of the Corporation, acquired 20,000,000 Units under the Offering through 2176423 Ontario Ltd., a corporation beneficially owned by him. 2176423 Ontario Ltd. also acquired 17,000,000 Common Shares from an existing sh...

Teako Minerals Corp. is pleased to announce that it has mobilized a field crew to its Lomunda-Venna and Tydalen copper-cobalt-zinc projects in Trøndelag Province, central Norway to initiate a phase one exploration program. This systematic field review will be guided by historical geological/geophysical data and newly acquired high-resolution airborne geophysics data from a survey completed in the Venna area by the Norwegian Geological Survey , released in early 2024. The Eiker program in District South is expected to conclude in approximately 1 week whereafter the Company will mobilize all personnel to District Central. For the remainder of the field season, the Company's field crew and its team of geologists will concentrate on the Lomunda-Venna and Tydalen projects, with a ...

T2 Metals Corp. following the recent closing of an over-subscribed $2.9m private placement , the Company is pleased to welcome new cornerstone and institutional shareholders who accounted for more than 50% of the non flow-through financing. Institutional participants in the private placement included: Aumontis Holding AG , a highly regarded European company backed by renowned resource investor Dr Titus Gebel. Dr Gebel was a Director of Osisko Exploration when the company discovered Canada's largest gold mine , and was co-founder of German listed Deutsche Rohstoff AG. In addition to the Aumontis investment, Dr Gebel invested on a personal basis in the T2 Metals private placement; Lowell Resources Fund , an Australian listed investment trust with a strong track re...

Millennial Potash Corp. is pleased to announce that it has earned a total 70% interest in the shares of Equatorial Potash Pty. Ltd. which, through its Gabon subsidiary Mayumba Potasse SARL, holds 100% of the Banio Potash Project. To earn 70% , MLP has filed a Preliminary Economic Assessment and made milestone payments of US$300,000 and 1,000,000 shares of MLP to the vendors of the Banio Potash Project. Farhad Abasov, the chairman of Millennial, commented: "We are excited to have made such fast progress in the development of the Banio Potash Project since we first announced the earn-in agreement in March 2023. In less than a year, the Company built an exploration camp, drilled exploration holes extending the potash deposit thickness to 70 meters, and issuing a maiden Mineral R...

Delta Resources Ltd. is pleased to announce the completion of the field portion of an extensive till sampling program at its Delta-1 Gold Project, located approximately 50 kilometres west of the City of Thunder Bay, Ontario. The survey consists of a series of sampling fences spaced at every 1-1.2 km, oriented orthogonal to the dominant local ice-flow direction . Samples within each fence are spaced by approximately 300 metres. The survey covers an area of roughly 80 km2 and consists of 224 sample sites. The goal of the 2024 sampling program was to complement and expand on a previous surveys carried out in 2020 . The 2020 till survey was highlighted by anomalous gold-grain counts that helped define the footprint of the Eureka zone prior to Delta's 2021 and 2022 drilling progra...

Puma Exploration Inc. is delighted to announce a strategic property acquisition, the "Moose Brook property." The 28 claims fill a gap in the 100%-owned Williams Brook property, strengthening our position in the region . Puma Exploration is the biggest landholder in Northern New Brunswick and the most active explorer in the area. "This acquisition further adds to our considerable ground position in Northern New Brunswick. Over the past four years, we've completed many separate transactions to consolidate a patchwork of mining claims held by many landowners. Most mining claims had seen little to no modern exploration work and had never been worked as a whole. Our exploration programs and recent discoveries have shown that the property and surrounding areas hold huge potential. ...