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Pan American Energy Corp. is pleased to announce the commencement of the latest drilling program at its Big Mack Lithium Property, located in the Paterson Lake Area of northwestern Ontario, Canada. This program will complete approximately 2,000 meters of diamond drilling before the end of the year, building upon the earlier 8,000-meter drill campaign performed in 2023-24, and designed to further delineate high-priority targets and refine the geological model for the Big Mack Property. This work continues on the successes of earlier exploration programs that have highlighted the property's potential for high-grade lithium mineralization. An additional focus of this program will be to further investigate the potential of cesium, a critical mineral identified during previous exp...

Sky Gold Corp. announces it will not be proceeding with the 4 cent private placement previously announced . The Company will continue to assess and formulate programs on both the Evening Star copper porphyry and gold targets as well as the Shebandowan nickel-copper-cobalt-chrome-platinum group element-gold property, located in northwestern Ontario. Assays are pending on the Shebandowan project. "We feel the tide is turning for the junior resource sector and will look to finance in the New Year. Our drill permitted targets at Evening Star are not going anywhere and, in the meantime, we await batches of assays from 2 programs completed at our prospective Shebandowan project in Ontario." stated Mike England, CEO of Sky Gold. For more information on the Evening Star gold and copp...

NOA Lithium Brines Inc. is pleased to announce that, further to its press release dated October 15, 2024, the Company has closed the strategic non-brokered private placement with Clean Elements Ltd. whereby the Company issued 79,411,764 units to the Investor at a price of $0.17 per Unit for aggregate proceeds of $13,500,000 . Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each Warrant will be exercisable for one Common Share at a price of $0.221 per Warrant Share for a period of 30 months from the closing of the Offering. The Investor is a private holding company specifically founded to pursue the development of high performing lithium assets in Argentina and globally. The Investor partnered with Swiss financial expert firm ISP S...

Outlines a Fully Funded Exploration Plan CANEX Metals Inc. is pleased to announce it has received an exploration permit to conduct geophysical surveying at the Louise COPPER-GOLD Porphyry project in British Columbia and outlines a plan and timeline to advance the project. Highlights: The exploration permit allows for 56-line kilometres of ground based induced polarization geophysical surveying. The geophysical survey is fully funded, a contractor has been selected, and the survey can commence as soon as snow levels in the project area allow. A deep looking induced polarization survey method will be utilized covering an area up to 1000 metres deep by 6 to 7 kilometres along strike and is intended to evaluate the exploration potential in untested areas below and lateral to the ...

Great Quest Gold Ltd. provides an update to its shareholders on the progress at the Belmont prospect and announces the resignation of Dr. David Shaw from the Company's Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241209403570/en/ Figure 1: Combined Surface Geochem Map of the Belmont Prospect A combination of surface geochemistry, geophysics and geological mapping has led to the definition of 18 individual targets at the Belmont Prospect in Namibia. These targets will form the basis of a drilling campaign planned for early next year. Highlights Assays for 2,139 calcrete samples, 376 soil samples and 22 rock-chip samples have been received Highest rock-chip sample assayed 12.45 g/t Au Highest soi...

Granite Creek Copper Ltd. is pleased to announce drill results from the 2024 drill campaign on at its wholly owned Carmacks copper-gold-silver project located in central Yukon, Canada. As previously mentioned, the Company identified a new zone within the Carmacks project called the Gap Zone , located between existing high-grade, pit-constrained resources. The exploratory drill program intercepted copper mineralization in all four drill holes, laying the foundation for a follow-up resource definition and expansion drilling campaign. See below for selected drill results. Table 1 - Selected Assay Results Drillhole From To Length* Cu Au Ag CRM24-026 172.21 180.15 7.94 0.13 0.017 0.7 CRM24-027 250.00 253.70 3.70 0.94 0.124 5.8 and 258.50 279.75 21.25 0.53 0.072 3.3 Including 261.3...

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR / ACCESSWIRE / December 10, 2024 / Atlas Salt Inc. is pleased to announce the appointment of Endeavour Financial as its financial advisor to lead the arrangement of project financing for the Great Atlantic Salt Project . Atlas Salt aims to secure $350-$400 million in senior secured debt, with the potential for additional subordinated debt, based on preliminary modeling. This financing initiative builds on significant achievements in 2024 that not only de-risk the Company and the Project but also position Atlas Salt to secure financing for the development of this transformative project. Key 2024 Milestones Project Highlights Validated the Project's low-carbon footprint with Stantec Consulting. Released from the Environmental Assessment pro...

Palisades Goldcorp Ltd. and Radio Fuels Energy Corp. are pleased to announce that they have entered into a definitive arrangement agreement dated December 9, 2024 whereby Palisades will acquire all of the issued and outstanding shares of Radio Fuels by way of a plan of arrangement under the Canada Business Corporations Act . Under the terms of the Arrangement Agreement, each Radio Fuels Share will be exchanged for 0.060538 of a Palisades common share . Upon completion of the Transaction, existing Palisades shareholders and former Radio Fuels shareholders will own approximately 76% and 24%, respectively, of the issued and outstanding Palisades Shares. Highlights: The combined entity will create a resource focused investment company with a strong balance sheet of ...

Freeman Gold Corp. is pleased to announce that it has submitted an application for a land interchange as part of the Small Tracts Act with the US Forest Service at the 100% owned Lemhi Gold Project in Idaho. Currently, there are several slivers of National Forest Land that lie within the 30 km2 Lemhi Gold Project area. Freeman has now submitted a STA application to the USFS to exchange approximately 40 acres of this land for parcels of equal value outside of the project area without a formal appraisal. Upon successfully completing the transfer, the Project area will be unencumbered by conflicting land use classifications simplifying mine permitting and development. All parcels to be acquired by Freeman through the interchange are "mineral survey fractions" as defined in 36 CF...

Major Highlights Phase III Drilling progressing with First Nation Drilling Company Phase II Magnetic Drone Survey over 90% completed on Exploration Targets Phase II Ore Sorting commences in Germany on bulk sample Environmental Studies advancing with Blue Heron Environmental Power Metals Corp. is pleased to provide an update on exploration activities at the 100%-owned Case Lake Project in northeastern Ontario. Black Diamond Drilling has currently completed a total of 16 drill holes for 971 meters of the planned 2,000-meter program as part of 2024 Phase III drilling at West Joe. The Company anticipates the current exploration drilling program to be completed within the coming weeks as we conclude our exploration schedule for 2024 at the CLP. Assay results are expected to commen...

Erdene Resource Development Corp. is pleased to announce the execution of an up to US$50 million working capital facility with Trade and Development Bank of Mongolia by Erdene Mongol LLC to fund commissioning and ramp up of the high-grade, open-pit Bayan Khundii Gold Project , under development with Mongolian Mining Corporation . Additionally, the Company is pleased to provide an update on recent warrant exercises. Peter Akerley, Erdene's President and CEO stated, "We are very pleased to announce the working capital financing from TDB, one of Mongolia's leading financial institutions. Proceeds will fund pre-mining and commissioning for the Bayan Khundii Gold Project as we work toward first gold in mid-2025 and commercial production in Q3 2025. This financing will provide liqu...

HIGHLIGHTS Alaska Energy Metals received assay results from the remaining two drill holes completed during the 2024 Eureka resource expansion exploration program. The drill program has successfully extended the Eureka deposit by 1.8 kilometers . The drilled extent of the deposit is now approximately 5.5 km. The deposit features nickel as the primary commodity but has multiple critical metals - copper, cobalt, chromium, platinum, and palladium. It is anticipated that the summer drill program will add significant tonnage and metal content to the existing Mineral Resource Estimate . The Company plans to publish an updated MRE and metallurgical results in the first quarter of 2025. Significant estimated true thicknesses of polymetallic mineralization were intersected in the final two holes of ...

VR Resources is pleased to announce it has completed the first two holes of the maiden drill program at its Empire Project in Northwestern Ontario. Drilling now confirms the Westwood magnetic target is a large mafic-ultramafic complex, showing magmatic sulfide segregations consistent with the showing over 600m to the west on the Trans Canada Highway, and shown in Photo 1. At least one more drill hole is planned at Empire before the holiday break, approximately 700 m to the north of Holes 1 and 2 to test the opposing margin of the intrusive complex. IP Drill Targeting Drilling to date on the Westwood target has focused on testing integrated features from the three independent surveys over the target shown in Figure 1, namely strong IP chargeabili...