• Dienstag, 23 Juli 2024
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  • Azimut Exploration Inc. is pleased to report that diamond drilling has resumed on its 100% owned Elmer Property in the Eeyou Istchee James Bay region of Quebec, Canada. The minimum 3,000-metre program will test high-potential shallow-depth targets . Azimut believes the Elmer Property has excellent exploration potential, which could significantly increase the mineral resources already identified on the project. Currently, estimated resources for the Patwon Gold Zone amount to 311,200 oz at 1.93 g/t Au Indicated and 513 900 oz at 1.94 g/t Au Inferred . Another positive step is the discovery by Azimut's prospecting team of a new significant copper-gold showing on the project. Azimut has consistently reiterated its confidence in the potential for additional surface discoveries alo...
  • Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced it has entered into a power purchase agreement and other definitive agreements for a site in West Texas with exclusive access to 205 megawatts of immediately available power capacity and land. This marks the first transaction to convert from Hut 8's previously announced development pipeline of 1,100 megawatts of energy capacity under exclusivity. "This is the first time a large data center load has been approved under the complex regulatory framework in this particular market," said Asher Genoot, CEO of Hut 8. "It is a testament to the expertise, diligence, and creativity of our corporate development organization, who negotiated a b...
  • Highlights: Results from the resource expansion drilling program at the Croinor gold deposit returned thick intercepts of significant grade, including 3.0 g/t Au over 13.5 metres and 1.7 g/t Au over 29.8 metres. Results from exploration holes between the Croinor and the Suzanne gold deposits returned high-grade intercepts of up to 6.5 g/t Au over 3.5 metres and thick zones of gold mineralization, including 1.2 g/t Au over 12.5 metres, indicating potential for connectivity and significant expansion of the resources. Regional exploration programs have also begun, including an MMI soil geochemical survey designed to identify new areas of high-grade gold mineralization. TORONTO, July 09, 2024 -- Probe Gold Inc. is pleased to provide the results from the December 2023 drill progra...
  • Cabral Gold Inc. is pleased to announce the appointment of Samantha Shorter as Chief Financial Officer with the Company. Alan Carter, Cabral's President and CEO commented, "I am extremely pleased that Samantha has accepted the position of Chief Financial Officer with the Company. Her qualifications and experience in Brazil, and with companies that are in production, make her an ideal fit for the Company as we advance towards completion of the PFS on the initial trial mining and heap leach operation at Cuiú Cuiú. I would also like to thank Paul Hansed, the outgoing CFO, who is retiring, for his numerous valuable contributions to the Company. Paul has consistently gone above and beyond for this Company and we wish him a very happy retirement." Samantha Shorter, CPA, CA, provide...
    09.07.2024
  • Dakota Gold Corp. is pleased to announce that it has intersected additional higher-grade Tertiary epithermal gold mineralization associated with the Unionville Zone at the Maitland Gold Project in South Dakota. Significant Highlights : Drill holes MA24C-049 intersected 3.33 grams/tonne gold over 9.9 meters and 1.51 g/t Au over 19.1 meters, and MA24C-050 intersected 3.50 g/t Au over 6.1 meters of shallow Tertiary epithermal mineralization. Prior reporting shows higher-grade intersections including 3.57 g/t Au over 36.48 meters of Tertiary epithermal mineralization along the Unionville Zone structure which was announced with the discovery hole MA22C-009 on Feb 8th, 2023. Tertiary epithermal mineralization in the Unionville Zone, as well as in parallel structures remain open alo...
    09.07.2024
  • Purepoint Uranium Group Inc. is pleased to announce the completion of two geophysical programs at its Russell South project, the commencement of a new geophysical survey at the Tabbernor project, and the rescheduled survey at the Smart Lake joint venture project. Additionally, Purepoint has released an updated Portfolio Handbook, now available on the Company's newly launched website. "Our team has made significant strides in advancing our exploration efforts at both Russell South and Tabbernor," said Chris Frostad, President and CEO of Purepoint. "We are particularly excited about the upcoming completion of the Smart Lake survey, which will set the stage for our winter drilling program." Key Highlights Russell South Project: Completion of two advanced geophysical surveys: a VT...
    09.07.2024
  • Not for distribution to United States newswire services or for dissemination in the United States Fremont Gold Ltd. is pleased to announce that it has increased its previously announced non-brokered private placement by C$750,000, from C$1.0 million to up to C$1.75 million . The financing has been increased to up to 17,500,000 units at a price of C$0.10 per Unit . Each Unit will be comprised of one common share of the Company and one half of one share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one Share at a purchase price of C$0.17 for a period of 18 months following the close of the Placement. Dennis Moore, President and CEO of Fremont, states, "We are encouraged by the interest in the offering and owing to demand from subscriber...
    09.07.2024
  • Chesapeake Gold Corp. is pleased to announce the Phase 2 drill program has extended the gold-bearing skarn mineralized corridor at its Lucy Project located in central Sinaloa, Mexico. In total, 12 holes and 939 metres were drilled along the known mineralized corridor, and an additional 101 surface soil and rock geochemistry samples were collected to the Northeast of the drilled gold zone. The Company also completed a 63-line kilometre ground magnetics survey covering the entire property. Jean-Paul Tsotsos, Interim Chief Executive Officer, commented, "The positive results gathered during this exploration phase continue to add cadence to the robust nature of the mineralized system at Lucy. During this exploration phase, we successfully intersected more high-grade gold mineraliza...
    09.07.2024
  • HIGHLIGHTS Solis has signed an access agreement with local Carumbraya community at the Cinto Project and initiated systematic mapping and sampling of outcropping copper mineralisation Surface grab samples from Cinto report assays up to 7.14% Cu with mineralisation mapped over a 200m x 100m area in historical workings associated with significant alteration and structural deformation Significant structures evident in 100m wide exposed area with abundant copper oxide mineralisation in historical artisanal workings Positioned on boundary of regional scale transcurrent Incapuquio fault system which forms structural corridor related to massive Toquepala porphyry system 10km to the north-west Geochemical signature and base metal concentration ratios assayed in very similar ranges to metals conten...
    09.07.2024
  • Calibre Mining Corp. is pleased to announce the operating results for the three months and six months ended June 30, 2024. Q2 and YTD 2024 Highlights Published the 2023 Sustainability Report, highlighting Calibre's commitment to environmental, social and governance performance; Included in the S&P/TSX Composite Index, reflecting Calibre's growth and value generation for shareholders; Fully-funded construction of the multi-million-ounce Valentine Gold Mine surpasses 73% complete: Detailed engineering 98% complete; Operations leadership team employed; Pre-commissioning planning underway; Tailings Management Facility progressing, embankment liner now 96%; CIL leaching area tanks construction well underway; Reclaim tunnel and coarse ore stockpile construction progressing; and...
  • NYSE: VZLA TSX-V: VZLA Vizsla Silver Corp. is pleased to report results from six new drill holes targeting the Copala resource area at its 100%-owned, flagship Panuco silver-gold project located in Mexico. The reported drilling, designed to infill near-surface Indicated Mineral Resources, continues to confirm high-grade continuity throughout Copala including new high-grade intercepts on the Copala 3 hanging-wall vein splay. Highlights CS-24-366 returned 2,398 grams per tonne silver equivalent over 7.00 metres true width Including 5,385 g/t AgEq over 0.56 mTW And, 4,457 g/t AgEq over 1.29 mTW CS-24-359 returned 1,027 g/t AgEq over 7.80 mTW Including 6,343 g/t AgEq over 0.86 mTW And, 1,749 g/t AgEq over 0.53 m TW CS-24-361 returned 2,023 g/t AgEq over 3.50 mTW Including 6,331 g...
    09.07.2024
    von CNW
  • HIGHLIGHTS: The Koné project hosts significant exploration potential 2,259km2 land package represents one of the largest gold projects by land area in West Africa +150km of mineralized structures have been identified across more than 35 targets within 7 mineralized trends 2024 exploration efforts are being prioritized on delineating higher grade satellite targets with the goal of supplementing production from the commencement of operations 15 targets out of the 35 identified are being drill tested, in addition to further reconnaissance exploration to identify more targets High grade targets in proximity to the Koné and Gbongogo Main deposits, within mining permit area and near the haul road, are being prioritized A first 30,000m drill programme is expected to be completed by the end of Jul...
    09.07.2024
    von CNW
  • Panther Minerals Inc. is pleased to announce it has entered into a non-binding letter of intent with 1484506 B.C. Ltd. dated July 9th, 2024, contemplating an acquisition by the Company of 148 BC, which holds the Huber Heights Uranium property , located in northern Elko County, Nevada from the shareholders of 148 BC . The Property is comprised of 35 unpatented mineral claims , located near the village of Mountain City, Elko County, Nevada. The Property covers known uranium prospects and showings that were discovered in the 1950s, including the Autunite and October Group prospects, and the Huber Hills Granite Ridge prospect. This acquisition is part of the Company's continuing focus on USA based uranium properties that are in favorable jurisdictions, are underexplored, can be r...
    09.07.2024
    von CNW
  • Fortuna Mining Corp. reports production results for the second quarter of 2024 from its five operating mines in West Africa and Latin America. Q2 2024 Production highlights Gold equivalent production of 116,570 ounces1; a 25 percent increase compared to Q2 2023 2 and a 4 percent increase compared to Q1 2024 3 Gold production of 92,716 ounces; a 44 percent increase over Q2 2023 2 and a 3 percent increase compared to Q1 2024 3 Silver production of 990,574 ounces; a 22 percent decrease over Q2 2023 2 Zinc and lead production of 13.0 million and 10.5 million pounds; 7 percent decrease and 3 percent increase over Q2 2023, respectively Consolidated gold and silver production for the first six months of 2024 totaled 182,394 ounces and 2.1 million ounces, respectively, or 229,113 ounc...
  • Strathmore Plus Uranium Corp. is pleased to announce it has extended the mineralization from the Phase 1 drilling for the 2024 exploration season at the Agate project in Wyoming. The Company completed 100 exploration holes across the project area, resulting in the extension of the Lower sand's northern trend to 3,700 feet in length. Highlights for the drilling along this trend included holes: *AG-175-24 *AG-200-24 . *AG-162-24 In addition, five piezometer wells were completed for groundwater testing and five holes were prepared for core recovery this summer. Phase 1 of the 2024 drilling explored the Eocene Wind River Formation, an arkosic-rich sandstone which is noted for its high porosity and permeability, and high groundwater transmissivity. In addition to continued explora...
    09.07.2024



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