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  • ST. JOHN'S, NL, July 9, 2024 /CNW/ - Aurion Resources Ltd. confirms that, in response to the press release issued by Rupert Resources Ltd. on July 8, 2024, the Company has had preliminary discussions with Rupert regarding a potential transaction. No agreement has been entered into at this time, and there can be no assurance that any such agreement will be reached, or that any such agreement will ultimately result in a completed transaction, or that any of the expected objectives or outcomes will be realized. The company intends to provide further updates as circumstances warrant and in accordance with applicable securities laws. "We appreciate Rupert's interest in Aurion's properties, which we understand could be of significant benefit to Rupert and its Ikkari p...
    09.07.2024
    von CNW
  • TSX.V: PGZ | OTCQX: PGZFF | FRA: 2EU Pan Global Resources Inc. is pleased to announce a positive result from the initial investigation of X-Ray Transmission sensor technology for sorting and pre-concentration of the La Romana copper and tin mineralization at the Company's 100% owned Escacena Project in the Iberian Pyrite Belt, southern Spain. Drilling continues to test and delineate the western extent of the La Romana copper-tin-silver deposit, which now extends 1.5km east-west over surface. "The positive result shows very promising potential for sorting and pre-concentration of the copper and tin mineralization at La Romana using TOMRA's XRT+EM technology. This widely used technology has potential to reduce costs through the removal of waste material prior to ore processing ...
    09.07.2024
    von CNW
  • Class 1 Nickel and Technologies Ltd. reports that, further to the news release dated 22 May 2024, it has filed the National Instrument 43-101 Technical Report in support of an updated Mineral Resource Estimate for its Alexo North Nickel Sulphide Deposit dated 5 July 2024 and with an effective date of 21 May 2024. The NI 43-101 report is available on SEDAR+ and on the Company's website . The updated MRE for the Alexo North Nickel Sulphide Deposit was announced 22 May 2024 and updates to the remaining two nickel sulphide mineral resources contained within the Project, Dundonald South and North, will be completed over the coming months. The updated Mineral Resource Estimate for the Alexo South Nickel Sulphide Deposit was announced by Class 1 Nickel on 24 April 2024. David Fitch,...
  • Midland Exploration Inc. is pleased to announce the start of a drilling campaign on the Patris gold property , currently 100% owned by Midland and located approximately 30 kilometres northeast of the city of Rouyn-Noranda in Quebec. Highlights : 90 holes completed on public lands using sonic drilling to recover till and bedrock samples to increase data quality and understanding; Discovery of mineralized felsic intrusions with pyrite in the Kewagama sedimentary rocks ; The IP survey generated numerous targets/anomalies, including three main chargeability highs within the Kewagama sedimentary basin ; Option payment of $60,000 recently received. Diamond Drilling A campaign of three drill holes for 1,650 m will begin in July with a drill in the Belleaux area where mineralized fel...
  • Performance Dividend of Cdn$0.04 per Share Declared1 Amerigo's Capital Return Strategy to Investors Now Fully Deployed Annualized Dividend Yield of 10.3%2 VANCOUVER, British Columbia, July 09, 2024 -- Amerigo Resources Ltd. is pleased to declare the Company's first Performance Dividend. "We are very pleased to report that Amerigo has declared its first Performance Dividend of Cdn$0.04 per share. This initial Performance Dividend provides significant, immediate, and additional investment returns to shareholders. It also demonstrates Amerigo's unique ability to share the benefit of strong copper prices with investors promptly," said Aurora Davidson, Amerigo's President and CEO. "With this first Performance Dividend, Amerigo has now deployed all three tools in the Company's compr...
  • High grade gold assays from recent surface discoveries and historical mine sampling July 9 - Coquitlam, BC, Nord Precious Metals Mining Inc., , is pleased to announce it has signed a non-binding Letter of Intent to purchase 80% of two exploration permits in Sweden with the option to purchase the remaining 20% after successfully completing the option terms. Finnsbo Property Highlights: A recent grab sample at Finnsbo, gadolinite mineralization with gold bearing chalcopyrite, had 27.1 grams per tonne Gold, 1.44% Copper and 5.3% TREOY. Nd-Pr-Dy account for 25%. The 586.8 hectare property is located in Uppsala County, Sweden with road access and near infrastructure. Grab samples are selective samples and do not necessarily indicate the mineral composition of the property. Future ...
  • - July 9, 2024 Grid Battery Metals Inc. announces that further to its news release dated June 17, 2024, the Company's former subsidiary, AC/DC Battery Metals Inc. has closed a non-brokered private placement financing offering of 40,000,000 units at a price of CAD$0.05 per Unit for gross proceeds of CAD$2,000,000. Each Unit is comprised of one common share and one share purchase warrant . Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of CAD$0.05 per share for a period of five years from closing, subject to TSX Venture Exchange approval. Furthermore, AC/DC Shares commenced trading on the Exchange under the symbol "TSXV: ACDC" at the opening of market on July 8, 2024. AC/DC has also launched its website a...
  • Astra Exploration Inc. is pleased to announce that it has signed a binding letter agreement dated July 8, 2024 granting Astra the option to acquire up to a 90% interest in the Manchuria epithermal gold-silver Project from Patagonia Gold Corp. located in the prolific Deseado Massif of Santa Cruz, Argentina . The Deseado Massif has extraordinary geological fertility and hosts multiple low-sulphidation epithermal precious metals deposits, including AngloGold Ashanti's Cerro Vanguardia and Newmont Corp.'s Cerro Negro world-class deposits. Highlights of the Manchuria Project: Near existing mining infrastructure Large land package of approximately 5,600 hectares Localized bonanza-grade drill intersections Historical drilling is mostly shallow, averaging 10...
    09.07.2024
  • Intersection Includes 5.4 metres of 10.90% eU3O8 at the Unconformity Two-Drill Summer Program Continues at West McArthur Project CanAlaska Uranium Ltd. is pleased to report that drillhole WMA082-7 has intersected 3.44% eU3O8 over 21.6 metres, including 10.90% eU3O8 over 5.4 metres at the Pike Zone as part of the ongoing summer exploration program on the West McArthur Joint Venture project in the eastern Athabasca Basin. WMA082-7 was the first drillhole completed at the Pike Zone during the summer program where the focus is continued delineation and expansion of the ultra high-grade Pike Zone uranium discovery at the unconformity. The program is focused on following up two recent high-grade intersections in WMA082-6 and WMA082-4 . The West McArthur project, a Joint Venture with...
    09.07.2024
  • C3 Metals Inc. is providing an update following hurricane Beryl causing significant damage across Jamaica last week. The Company is pleased to report that its team on the ground in Jamaica is safe and no injuries have been reported. Overall, the Company's equipment, drill rig, drill core and rock samples are secure with no damage to these items. The Company sustained damage to the roofs of its core logging and core storage facilities, but the structures of these buildings remain intact. Heavy winds and rainfall have resulted in significant damage to the existing infrastructure of the Company's project areas. There is currently only one access road into the Bellas Gate project area, and the Arthurs Seat and Super Block project areas are currently inaccessible. All project area...
    09.07.2024
  • Highlights of this press release Continuation of the 2024 Drilling Program Phase II aims to continue exploring the prolific Larder Lake - Cadillac Fault Zone over a distance of 10 km of the Chimo Mine Project ; The Program consists of 160 drill holes, for a total of 28,000 m, continues in order to explore over 50 gold-bearing targets from 54 different drill site. VAL-D'OR, Quebec, July 09, 2024 -- Cartier Resources Inc. announces the start of Phase II of the 28,000 m for 2024 for the Chimo Mine Project . The Project comprises the Chimo Mine and East Cadillac properties, the latter of which was acquired on April 7, 2022. Cartier began exploring of this part of the East Cadillac property on January 4, 2024. Both properties are 100% owned by Cartier and strategically located 45 ...
  • Abcourt Mines Inc. is pleased to present an update on the results of the underground diamond drilling campaign at Sleeping Giant mine. From December 2023 until June 30, 2024, Abcourt has carried out, from levels 235 and 295, 27 drilling holes totaling 3,074 meters in the DAC 5 area. Among these 27 holes, 20 holes totaling 2,457 meters were drilled in the DAC 5 area. Abcourt presents the results of 13 drill holes totaling 1,554 meters drilled underground in the DAC 5 area from level 235. The highlights of the analysis results, included in this press release, are as follows: 19.41 g/t Au over 0.5 meter in hole 23-473, 14.72 g/t Au over 0.6 meter in hole 23-483, 8.73 g/t Au over 2.1 meters and 19.93 g/t Au over 0.5 meter in hole 23-484. The main results of holes drilled from level...
  • Aya Gold & Silver Inc. is pleased to announce that it has completed the inaugural silver pour at its expanded Zgounder Silver Mine in the Kingdom of Morocco. Highlights On July 2, the first silver pour was achieved: First silver bars were poured with silver cement from the existing cyanidation plant. First pour was an important step for the ongoing hot commissioning of the foundry and retort sub system. Commissioning activities are progressing to plan: Low-speed testing of the ball mill is complete. Hydrostatic tests have been performed on most water tanks, reactors and thickeners. Preparation for wet commissioning is ongoing with some of the water circuit already tested. Commissioning remains on schedule with ore feed to the mill expected in Q3-2024 and commercial production...
  • Patagonia Gold Corp. is pleased to announce that it has entered into a binding letter agreement dated July 8, 2024 with Astra Exploration Inc. . The Option Agreement grants Astra an option to earn up to a 90% undivided interest in the Company's La Manchuria property in return for spending at least US$3.0M on the Property and making a cash payment of US$5.0M, as described below. The Property is the +5,600 hectare-sized, gold and silver property owned by Patagonia Gold S.A. , a subsidiary of the Company. The Property is located within the prospective and permissive Deseado Massif geologic region of the Santa Cruz Province of southern Argentina. As disclosed in the Technical Report , the Property has a mineral resource of 474 k tonnes of indicated mineral resources...
  • Ascot Resources Ltd. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Desjardins Capital Markets , under which the Underwriters have agreed to buy on a bought deal basis by way of private placement, 30,242,000 flow-through units and 11,630,000 hard dollar units of the Company , at a price of C$0.496 per Flow-Through Unit and C$0.43 per HD Unit for aggregate gross proceeds of approximately C$20 million . Each Offered Security shall consist of one common share of the Company and one common share purchase warrant of the Company . Each Warrant will entitle the holder to acquire one Share at a price of C$0.52 per Warrant Share for a period of 24 months following Closing. In addition, the Company has also gran...



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