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Highlights Hole 24MN-009 returned: 1.69 grams per metric tonne gold over 55.7 metres . Wide high-grade intercept demonstrates open-pit potential of the Goldwedge Underground, further confirming larger open-pit potential for Manhattan District The Goldwedge Underground Stope Trend is open at depth and along strike. Scorpio Gold Corp. is pleased to announce further results from its 2024 drilling campaign at the Manhattan District Project , Nevada, USA. Under Scorpio's new management, the 2024 drilling campaign had two goals: drilling to support an open-pit focused, maiden mineral resource estimate, and drilling to test expansion potential of the Goldwedge Underground Stope Trend and the Reliance Fault to the northwest of the historic Manhattan open pits. Hole 24MN-009 tested th...

Bonterra Resources is pleased to announce additional assay results from the Moss target and the restart of drilling by a 100% indirect subsidiary of Gold Fields Ltd at the Phoenix JV. The Project is under a definitive earn-in and joint venture agreement with Osisko Mining, which is now Gold Fields. Under the JV Agreement, Gold Fields has the right to acquire up to a 70% interest in the Project by spending C$30 million in work expenditures, with a minimum spending commitment of C$10 million per year over a three-year period . Marc-André Pelletier, President and CEO commented: "The start of exploration activities under Gold Fields as the new operator marks an exciting milestone for the Phoenix JV. Gold Fields' 2025 program is focuse...

Titan Mining Corp. is pleased to announce that it has agreed to certain amendments to the credit facility with National Bank of Canada dated June 6, 2022 which will result in Titan significantly deleveraging by the end of 2025 while maintaining flexibility to pursue multiple growth projects within the Company. Highlights: Principal repayment of US$5 million by December 30, 2024, for an aggregate of US$17 million in principal repaid in 2024 Extension of the Credit Facility maturity date from June 30, 2025 to December 31, 2025 Extension of the remaining principal repayment from $10.2 million by June 30, 2025 to US$5 million by June 30, 2025 and US$5.2 million by December 31, 2025 Don Taylor, CEO of Titan, commented: "We are pleased to have achieved a key milestone for Titan wit...

FireFox Gold reports results from the fall exploration program at its 100%-held Jeesiö Project in Lapland, Finland. During the late summer and fall of 2024, the technical team focused on the southern end of the Jeesiö property, including the prospects KJ Hill, KJ South, and Saittavaara where rock sampling has repeatedly yielded encouraging results. The current program included limited scale trenching, mapping, and sampling. The trenching campaign at the KJ Hill prospect exposed a substantial zone of gold-mineralized quartz veins within a N-S striking deformation zone along the hillside. Channel samples collected from the vein zone graded 14.62 g/t gold over 2.84 metres, 2.69 g/t gold over 3.38 metres and 1.85 g/t gol...

Lagoa Salgada poised to become the next new mine on the Iberian Pyrite Belt Ascendant Resources Inc. is pleased to highlight significant advancements that have been achieved in 2024 at its flagship Lagoa Salgada VMS Project, located in Portugal's Iberian Pyrite Belt. Recent progress in exploration, metallurgy, permitting and feasibility optimization have reinforced Lagoa Salgada's potential to become a significant global polymetallic project poised for rapid development with a construction decision expected in Q4 2025. Key highlights are summarized below: Exploration Continues to Expand Resource Potential Recent drilling based on gravity survey results suggest the potential discovery of a new copper-rich zone, located West and below the North Zone Primary Massive Sulphide dom...

Troy Minerals Inc. is pleased to announce the submission of a drilling permit application for the Table Mountain Silica Project in British Columbia. This key milestone supports Troy's strategic plan to evolve from an exploration-focused company into a revenue-generating mining operation, with production anticipated in the near term. The permit application details a comprehensive drilling program, requesting approval for a program involving up to 34 drill holes in 2025, totaling approximately 1,700 meters of drilling in the first year, and an additional 20 holes planned in subsequent years, bringing the total to approximately 2,700 meters over the proposed five-year period, with provisions for additional exploration activities as needed. This phased approach enables Troy to me...

CÔTE D'IVOIRE $1,526m NPV and IRR of 28% at $2,000/oz • 329kozpa at AISC of $892/oz over first 10 years HIGHLIGHTS: PFS confirms Assafou's potential to become a tier 1 asset for Endeavour PFS highlights 329kozpa production at AISC of $892/oz over first 10 years: 15-year mine life based on maiden reserve of 4.1Moz Robust project economics with after-tax NPV of $1,526m and IRR of 28%, at a $2,000/oz gold price Initial capital of $734m based on a 5Mtpa design nameplate capacity with a similar processing plant configuration as the nearby Lafigué mine 90% resource to reserve conversion with defined maiden reserves of 72.8Mt at 1.76g/t for 4.1Moz Indicated resources of 73.6Mt at 1.95g/t for 4.6Moz based on a drilling cutoff in October 2023, with over 70,000 metres of drilling completed subs...

Exercise of Warrants, Issue of Shares and Total Voting Rights Orosur Mining Inc. , a minerals explorer and developer with projects in Colombia, Argentina and Nigeria, advises that, following an exercise of warrants at an exercise price of US$0.0494 each, the Company has issued 899,280 new common shares of no par value each for a total consideration of US$44,424. Application has been made for the 899,280 Common Shares, which rank pari passu with the existing Common Shares in issue, to be admitted to trading on AIM . It is expected that Admission will become effective and dealings will occur at 8:00am UK time on or around 16 December 2024. Following Admission, the Company's new issued share capital will comprise 236,519,703 Common Shares. When calculating voting rights, shareho...

Not for distribution to United States newswire services or for dissemination in the United States. Grande Portage Resources Ltd. announces that after consultation with its registered finders, the Company has now concluded its non-brokered private placement under Part 5A of National Instrument 45-106 - Prospectus Exemptions - Listed Issuer Financing Exemption. As previously announced on November 13, 2024, the Company sold 3,470,000 units at a price of C$0.30 per Unit for aggregate gross proceeds of C$1,041,000 . The Company had filed an offering document related to the Offering that can be accessed under Grande Portage's profile at www.sedarplus.ca and on the Company's website at https://grandeportage.com. Each Unit consisted of one common share in the capital of the Company a...

Gold Mountain Mining Corp. is pleased to announce a non-brokered private placement of up to 27,272,727 flow-through common shares of the Company at a price of $0.055 per FT Share for gross proceeds of up to $1,500,000 . The gross proceeds from the issuance of FT Shares will be used to incur "Canadian exploration expenses" as such term is defined under subsection of the Income Tax Act and will qualify as "flow-through mining expenditures" as defined in subsection 127 of the Tax Act, and "BC flow-through mining expenditures" as defined in Subsection 4.721 of the Income Tax Act . The Qualifying Expenditures will be incurred on or before December 31, 2025, and renounced to the subscribers with an effective date of no later than December 31, 2024, and as required under the Tax Act...

First Majestic Silver Corp. is pleased to announce that it has commenced mailing of its meeting materials for the special meeting of the Company's shareholders that will be held on Tuesday, January 14, 2025 at 11:00 a.m. at the offices of Bennett Jones LLP, located at Suite 2500 - 666 Burrard Street, Vancouver, British Columbia V6C 2X8. At the Special Meeting, pursuant to the requirements of the rules of the Toronto Stock Exchange and the New York Stock Exchange, First Majestic shareholders will be asked to approve an ordinary resolution approving the issuance of up to 190,000,000 common shares of First Majestic to stockholders of Gatos Silver Inc. in connection with the previously announced acquisition by First Majestic of all of the shares of common stock of Ga...

Madison Metals Inc. is pleased to announce that it intends to complete a private placement financing consisting of the sale of up to 6,000,000 units in the capital of the Company at a price of CDN$0.30 per Unit for aggregate gross proceeds of up to CDN$2,000,000 . Each Unit consists of one common share and one-half common share purchase warrant . Each full Warrant entitles the holder thereof to purchase one Common Share in the capital of the Company for a price of $0.45 for a period of eighteen months from the date of the closing of the Offering. Concurrently with closing of the Offering, the Company also intends to settle debt owed to various creditors in an aggregate amount of $300,000 through the issuance of Common Shares at a deemed price of $0.30 per Common Share. Two of...

1911 Gold Corp. is pleased to announce that it has upsized its previously announced non-brokered private placement offering to now raise aggregate gross proceeds of up to $8,100,000 . The Offering has also been amended to now include a combination of common shares in the capital of the Company that will qualify as "flow-through shares" within the meaning of subsection 66 of the ITA issuable to residents of Manitoba at a price of $0.239 per Manitoba FT Share, common shares in the capital of the Company that will qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act at a price of $0.185 per National FT Share, and common shares in the capital of the Company at a price of $0.145 per Common Share. The proceeds raised from the Offering will be u...