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  • Lundin Gold Inc. is pleased to report second quarter 2024 gold production of 133,062 ounces from its Fruta del Norte gold mine in southeast Ecuador. Of the total quarterly gold production, 83,910 oz were produced as concentrate and 49,152 oz as doré, and gold sales totalled 129,396 ounces. During the same quarter in 2023, the Company produced 129,731 oz of gold and gold sales were 128, 958 ounces. PDF Version In the second quarter of 2024, the mill processed 424,899 tonnes of ore resulting in an average throughput rate of 4,669 tonnes per day at an average grade of 11.0 grams per tonne with recoveries of 89.0%. Ron Hochstein, President and CEO commented, "Another strong quarter puts us firmly on track to meet our 2024 production guidance of 450,000 to 500,000 oz. Higher grade...
    08.07.2024
    von CNW
  • Galiano Gold Inc. is pleased to announce it will release its Q2 2024 financial and operational results after market close on August 8, 2024. Conference Call Details Replay Date: August 9, 2024 Local: 416-764-8677 Time: 10:30 AM ET Toll Free: 1-888-390-0541 Dial In: 416-764-8688 Access Code: 534385# Toll Free: 1-888-390-0546 The call will be webcast https://app.webinar.net/oDr5QxmeL6M and can be accessed at Galiano's website: www.galianogold.com. About Galiano Gold Inc. Galiano is focused on creating a sustainable business capable of value creation for all stakeholders through production, exploration and disciplined deployment of its financial resources. The Company owns the Asanko Gold Mine, which is located in Ghana, West Africa. Galiano is committed to the highest standards ...
    08.07.2024
    von CNW
  • Rupert Resources Ltd. today advises that, further to its press release dated March 11, 2024, it has been unable to reach acceptable terms to acquire the full 100% of the Fingold JV to consolidate further exploration licences near to the Ikkari Project . Fingold is a joint venture held 70% by B2Gold and 30% by Aurion Resources. The Company continues to advance Ikkari, a gold deposit with exceptional resource continuity and open pit grade; best in class recoveries from a conventional processing route and in close proximity to excellent infrastructure and renewable power. Work programmes on the preliminary feasibility study and environmental impact statement are well underway and the Company will work with the Finnish authorities to ensure the optimal project scope is realised. ...
  • TSXV: ITR; NYSE American: ITRG www.integraresources.com Integra Resources Corp. is pleased to announce that following the satisfaction of certain closing conditions, it has received the final cash installment of US$4.875 million in connection with the previously announced royalty transaction between its wholly-owned subsidiary, DeLamar Mining Company, and Wheaton Precious Metals Co., a wholly-owned subsidiary of Wheaton Precious Metals Corp. . Wheaton acquired a 1.5% net smelter returns royalty on metal production from all claims of the DeLamar and Florida Mountain Deposit for an aggregate cash purchase price of US$9.75 million, paid in two installments . Integra received the first installment of US$4.875 million on March 7, 2024. The net proceeds from the Transa...
    08.07.2024
    von CNW
  • Pasinex Resources Ltd. announces that the Company has filed its financial statements, management's discussion and analysis, and related certifications for the quarter ended March 31, 2024 on SEDAR+. The common shares of the Company are currently halted due to a failure-to-file cease trade order issued by the British Columbia Securities Commission on June 12, 2024, as a result of the failure of the Company to timely file its First Quarter Results. It is anticipated that as a result of filing of the First Quarter Results that the Company will be up-to-date with its required filings and that the FFCTO will be revoked by the BCSC. First Quarter Financial Results Cautionary Note The Company has not completed a current technical report that includes a mineral resource estimate as d...
  • 1911 Gold Corp. announces that it has granted a total of 200,000 options to purchase common shares of the Company to Mr. Blair Schultz, a newly appointed director to the Company, pursuant to the Company's Long-Term Incentive Plan . Such options have an exercise price of $0.11 per common share and expire on July 8, 2029, and vest as to one-third immediately and one-third after the first and second anniversaries of the date of grant. The Company will also issue a total of 8,902 deferred share units to three directors under the LTIP in respect of Q2-2024 director fees. Each DSU entitles the holder to receive one share of the Company, or in certain circumstances a cash payment equal to the value of one share of the Company, at the time the holder ceases to be a director of the Co...
    08.07.2024
    von CNW
  • US Gold Corp. CEO George Bee joined Proactive's Stephen Gunnion with the latest developments at the company's CK Gold Project in Wyoming.
    Bee highlighted the strategic advantages of the project's location, emphasising Wyoming's resource-friendly environment and infrastructure. The state supports mining activities, which align well with US Gold Corp's operations, making it a favourable jurisdiction.
    Bee elaborated on the project's environmental benefits, noting the absence of hazardous chemicals and smokestack emissions. The mining process involves extracting rock, processing it into concentrate, and shipping it to a smelter, minimising environmental impact. Additionally, the project utilises a dry stack tailings system to recycle water, addressing water scarcity issues and avo...
    08.07.2024
  • Mineros S.A. plans to release its second quarter 2024 financial and operating results on Wednesday, August 14, 2024. Senior management will host a conference call on Thursday, August 15, 2024, at 9:00 AM Eastern Daylight Time . Please register here to join us. About Mineros S.A. Mineros is a Latin American gold mining company headquartered in Medellin, Colombia. The Company has a diversified asset base, with mines in Colombia and Nicaragua and a pipeline of development and exploration projects throughout the region. The board of directors and management of Mineros have extensive experience in mining, corporate development, finance and sustainability. Mineros has a long track record of maximizing shareholder value and delivering solid annual dividends. For almost 50 years Mine...
    08.07.2024
    von CNW
  • Atacama Copper Corp. is pleased to report results from five holes of a 10,000-metre diamond drilling program at its wholly-owned Cristina precious metals project in southwestern Chihuahua State, Mexico. Atacama has now reported fifteen holes totalling 4,467.5 metres of drilling as part of a 40-50-hole drill program. The Cristina project consists of multiple outcropping quartz veins that are frequently greater than 10 metres in width and extend for at least a five-kilometre strike length. Four parallel mineralized vein zones have been mapped and sampled to date, with most of the existing mineral resource estimate at Cristina contained within only one of the vein zones, the Guadalupe vein . Drilling Highlights Highlights of the holes reported here, all from the eastern portion ...
    08.07.2024
  • July 8, 2024 - Zonte is pleased to announce that drilling at the K6 target on the Cross Hills Copper project has commenced. Zonte completed a drill program on the K6 target in late 2023 with the results released on Feb 28, 2024. That drill program was the first on the project since 2020. Since then, the Company has conducted additional multi-faceted exploration to aid in better understanding the mineralizing system. The Fall 2023 K6 drilling demonstrated that the integration of the new exploration data with the initial datasets has provided a better understanding of the mineralizing system. All drill holes from the Fall 2023 program intersected copper mineralization with 11.2m averaging 0.42% Cu in the deepest drill hole, suggesting possible increasing grades with depth. The Summer 2024 dr...
  • Nevada Sunrise Metals Corp. announced today that it has signed a non-binding, indicative term sheet with CopAur Minerals Inc. for CopAur to acquire Nevada Sunrise's remaining ownership interest in the Kinsley Mountain Gold Project in Nevada . If the transaction is completed, CopAur will own 100% of Kinsley Mountain. The indicative term sheet outlines a potential transaction whereby CopAur would acquire Nevada Sunrises' 18.74% ownership interest in Kinsley Mountain in consideration of the payment of CDN$475,000 and the issuance of 1,000,000 common shares of CopAur . The Shares would be deposited in escrow and released in successive releases of 250,000 Shares once every calendar quarter commencing after expiry of the four-month statutory hold period following the closing date. ...
    08.07.2024
    von CNW
  • CopAur Minerals Inc. is pleased to announce that it has signed a non-binding indicative term sheet with Nevada Sunrise Metals Corp. to acquire Nevada Sunrise's 18.74% ownership interest in the Kinsley Mountain Gold Project in Nevada . If the transaction is completed CopAur will own 100% of the Kinsley Project. The indicative term sheet outlines a potential transaction whereby CopAur will acquire Nevada Sunrises' 18.74% ownership interest in the Kinsley Project in consideration of the payment of CDN$475,000 and the issuance of 1,000,000 common shares of CopAur. The shares will be deposited in escrow and will be released in successive releases of 250,000 shares once every calendar quarter commencing after expiry of the four-month statutory hold period after the cl...
    08.07.2024
  • Li-Metal Corp. announces that Srini Godavarthy has notified the Company that he has resigned as Chief Executive Officer with immediate effect. Mr. Godavarthy has also resigned from the Company's Board of Directors. Keshav Kochhar, the Company's COO, will act as CEO on an interim basis. On behalf of the Board Tim Johnston Li-Metal Corp. Telephone: 647-494-4887 Email: t.johnston@li-metal.com About Li-Metal Corp. Li-Metal is a Canadian-based company developing lithium metal anodes and lithium metal production technologies for use in next-generation batteries. We believe our production methods are significantly more sustainable than existing products and offer lighter, more energy-dense and safer batteries that are critical to tomorrow's electric vehicles. For more information, v...
    08.07.2024
  • 8 July 2024 - Newlox Gold Ventures Corp. is pleased to announce that the Company has achieved its best production month to date. This milestone follows the successful implementation of metallurgical optimization processes at its Costa Rican Operations, particularly at its wholly-owned Project 1. This milestone follows favourable outcomes from the optimization program reported earlier this year . Key highlights of this record-breaking achievement include: old recovery rates of up to 93% have been sustained at Plant 1, a significant enhancement over historical recovery rates and contributing to the highest monthly production in the Company's history. The record production amounts to 166.2 troy ounces of gold. he adoption of new environmentally friendly chemicalsreduced processi...
  • Multiple Sulfide and Copper Mineralization Samples Submitted for Assays at Its 100% Owned Golden Promise Gold Property Central Newfoundland Great Atlantic Resources Corp. , is pleased to announce its wholly owned subsidiary, Golden Promise Mines Inc., has completed a trenching program during June at its Golden Promise Gold Property, located in central Newfoundland. The program was completed in the southwest region of the property in an area of gold soil anomalies and rock samples containing anomalous levels of gold. Rock samples have been collected, the analytical results pending. Trench No. 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/3027/215670_5cc2cba0c48d5b56_002full.jpg "We are pleased to announce the successful comp...
    08.07.2024



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