• Dienstag, 23 Juli 2024
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  • Globex Mining Enterprises Inc. wishes to inform shareholders that, through a transaction with IAMGold Corp. , Globex has acquired two gold projects located in the Abitibi West area of Quebec. Globex has acquired the former Eldrich Gold Mine northwest of Rouyn-Noranda and the Porcupine West Gold property, west of the town of Duparquet, Quebec. The transaction saw Globex acquiring these two properties in exchange for Globex's Rich Lake and Lac à l'Eau Jaune properties. Both Globex and IAMGOLD retain a one percent Net Smelter Royalty in their respective traded properties. The two additional royalties on Rich Lake and Lac à l'Eau Jaune bring Globex's royalty portfolio total to 105. No cash or shares were issued as part of the transaction. Eldrich Gold Mine The Eldrich G...
  • Finlay Minerals Ltd. reports that all matters set before the Annual General and Special Meeting of Shareholders of the Company held on Wednesday, June 26, 2024 were approved by the shareholders. An aggregate of 71,401,894 common shares of the Company were voted representing 51.70% of the issued and outstanding Common Shares as at the Record Date of May 22, 2024. The six nominees for the Board of Directors were elected at the Meeting and they are: John A. Barakso, Robert F. Brown, Alvin W. Jackson, Ilona Barakso Lindsay, David A. Schwartz, and Kristina Walcott. Additionally, the reappointment of De Visser Gray LLP, Chartered Professional Accountants, as auditors for the Company and the Company's 10% Rolling Stock Option Plan were approved by shareholders. In addition, the Boar...
    08.07.2024
    von CNW
  • Red Lake Gold Inc. reports that it plans to conduct a non-brokered common share financing consisting of up to 5,000,000 common shares to be issued at a price of $0.10 per Common Share. Red Lake Gold intends to use the net proceeds of the Financing to advance its Whirlwind Jack Gold Project located near Red Lake, Ontario as well as for working capital purposes . The Corporation may pay a 6% cash finder's fee on subscriptions under the Financing, which excludes cash finder's fees on subscriptions by any Insiders who may in turn participate for amounts equal to and/or greater than 25% of the Financing or tranche thereof. If the Financing is completed either in whole or through partial tranche, any Common Shares issued thereunder will be subject to all applicable regulatory appro...
  • Ramp Metals Inc. is pleased to provide final drill results and a technical update for its new high-grade gold discovery in Saskatchewan. The Company has now received final assays from its winter 2024 drill program at the Rottenstone SW property. In addition to the discovery hole , the Company also intersected gold mineralization in all drillholes at its Rogue target 3km away. Highlights Ranger-01 discovery hole with multiple gold zones, including 73.55 g/t Au and 19.50 g/t Ag from 227-234.5m . Discovery hole is still open at depth and in all directions with casing left in place. Gold mineralization intersected at Rogue target located 3km west, across regional strike from Ranger. Rottenstone SW land package recently increased to a total of 32,715 Ha. "We are thrilled to make a...
    08.07.2024
  • Silver Elephant Mining Corp. is pleased to announce it intends to begin phase one mining of sulphide materials this year at its Paca silver project in Potosi department in Bolivia. The company has completed design for a phase one underground mine plan at Paca aimed at extracting approximately 10,000 tonnes of mineralized materials. The objective is to generate cashflow, and verify the Paca resource model. The Paca sulphide project is outside the of scope of the oxide sales and purchase agreement and master services agreement with Andean Precious Metals Corp. detailed in the news release dated September 12, 2023. Phase one of the project plan is expected to last approximately 5 months, beginning in September 2024, starting with the development of a 367-meter tunn...
    08.07.2024
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  • Goldhills Holding Ltd. is pleased to announce that it has closed its previously announced Mineral Property Option Agreement with Donald MacIntyre and Victor Parsons . This agreement grants Goldhills the option to acquire a 100% interest in the Lennac Lake Property, comprised of three contiguous blocks covering a total area of 970.897 ha located the Omineca Mining Division in British Columbia. On May 12, 2024, the Company staked 4 additional claims expanding the Lennac Lake Project by 1325.67 hectares. In order to exercise the option, the Company must make cash payments of $100,000 to the Optionors over a three-year period. The payments are scheduled as follows: $10,000 upon signing, $20,000 by the first anniversary, $30,000 by the second anniversary, and $40,000 by the third anniversary of...
  • Barksdale Resources Corp. is pleased to announce the appointment of Mr. Alan Roberts, MSc, CPG, as Vice President of Exploration. Concurrently, Mr. Thomas Simpson, SVP Exploration and Mr. Andrew Pooler, SVP Development, are retiring from the Company. Rick Trotman, President and CEO states, "On behalf of Barksdale's Board and management team I would like to express sincere thanks to Tom and Andy, both of whom made valuable contributions to the advancement of the Company. I am thrilled to welcome Alan to the team. He will be directing our exploration efforts at Sunnyside, including the upcoming phases of drilling soon to be announced." Quinton Hennigh, Geologic and Technical Director of Crescat Capital, a strategic investor in Barksdale, commented: "I am delighted to see Barksd...
    08.07.2024
  • Manning Ventures Inc. is pleased to announce it has received all geochemical analysis from ALS Global for the soil geochemistry program conducted on the 896.3 Ha Copper Hill project located 40 kms northeast of Hawthorne, Nevada, USA. The soil geochemistry program consisted of collecting 216 samples along north-south lines trending lines spaced 90 meters apart with samples collect at stations spaced 60 meters apart. In addition to the Laboratory's internal QA/QC procedures a program of inserting Certified Referenced Material into the sampling stream was employed. The program was designed to test for and expand on the copper skarn mineralization that occurs at Copper Hill. This geochemical data was compiled with the recent Gravity and historic Magnetic data to aid the company i...
  • Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.063 per share for June 30, 2024 . At the end of June, the Company's price per share was C$0.025. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Black Sheep Income Corp. Private $1,265,936 0.012 Guided Therapeutics Inc. Private $386,574 0.004 Working Capital and Liquid Investments $2,149,240 0.020 Other Public Equity Investments $2,067,143 0.019 Other Private Equity Investments $783,469 0.007 Other Merchant Banking Investments $81,598 0.001 Total $6,733,960 0.063 Working Capital is calculated as cash, adjusted for management's estimate for known liabilities and is subject to change with future estima...
    08.07.2024
  • Premium Nickel Resources Ltd. announces that it has granted an aggregate of 350,202 deferred share units to its non-management directors at a deemed price of $0.81 per DSU. The DSUs were granted in consideration for services rendered by the directors for the quarter ended June 30, 2024. The DSUs were granted in accordance with the Company's Deferred Share Unit Plan adopted on December 26, 2022, as amended, and were priced based on the volume weighted average price of the Company's common shares on the TSX Venture Exchange for the last five trading days immediately preceding the grant date. To date, the Company has issued a total of 1,393,676 DSUs to its non-management directors. About Premium Nickel Resources Ltd. PNRL is a mineral exploration and development company that is focused on the...
    08.07.2024
  • Bear Creek Mining Corp. announces the hiring of Mr. Donald Mc Iver in the position of Vice President, Exploration and Geology. Mr. Mc Iver is a geologist with over 35 years of international experience managing production geology teams and directing advanced exploration and development teams in Latin America and elsewhere. He has served in senior roles, primarily in Peru, for international and Latin America-focused mining and exploration companies and consulting firms, including Barrick Gold, Ausenco, Palamina, Mineral IRL, and others. Mr. Mc Iver holds a MSc degree in Exploration and Economic Geology from Rhodes University in South Africa and is a Fellow of both the SEG & AusIMM, a registered and recognized Qualified Person for more than 15 years, and a past member of the SEG ...
    08.07.2024
  • MONTRÉAL, July 08, 2024 -- Osisko Gold Royalties Ltd. is pleased to announce its second quarter 2024 deliveries, revenues and cash margin, as well as an update on its cash and debt positions as of June 30th, 2024. In addition, Osisko is also providing some select asset updates. All monetary amounts included in this report are expressed in Canadian dollars, unless otherwise noted. PRELIMINARY Q2 2024 RESULTS Osisko earned 20,068 attributable gold equivalent ounces1 in the second quarter of 2024. Osisko recorded preliminary revenues from royalties and streams of $64.8 million during the second quarter and preliminary cost of sales of $2.2 million, resulting in a record quarterly cash margin2 of approximately $62.6 million . As of June 30th, 2024, Osisko's cash position was appr...
  • Scandium Canada Ltd. is pleased to confirm that it has received $1M from its Rights Offering launched on June 3, 2024 and that closed on July 5,,2024 Guy Bourassa, CEO of Scandium Canada, said, "We are pleased with the results of the Offering, a clear demonstration of the interest of Scandium Canada's shareholders in the development of their Company. As we are advancing the development of the main primary source of scandium in the world, it is important to have the support of our shareholders. I wish to thank all the shareholders that participated in the Offering and welcome new investors that decided to join." Following the closing of the Rights Offering, the Company has issued 30,769,231 new shares and 30,769,231 share purchase warrants. Each share purchase warrant entitles...
  • Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States Highlights The first tranche of the previously announced $3.0 million special warrant offering has been closed oversubscribed at $3.3 million. The company announces an upsizing in the special warrant offering to $3.5 million. The company announces an additional non-brokered $0.15 private placement unit offering with a four-month hold totaling $341,250. VANCOUVER, British Columbia, July 08, 2024 -- Alaska Energy Metals Corp. is pleased to announce the closing of the first tranche of the previously announced non-brokered offering of 22,255,429 special warrants issued at the price of $0.15 pe...



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