• Donnerstag, 26 Dezember 2024
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  • GT Resources Inc. is pleased to announce final diamond drill assay results from the 2024 exploration campaign at the Canalask Nickel-Copper Project, Yukon, Canada. Highlights 1.84% Cu and 1.17 g/t Au over 6.1 meters at a true depth of 140 meters . including 2.4% Ni and 3.10 g/t Au over 1.0 meters. Discovery of new potentially skarn-related copper-gold mineralization adds another positive element to the property's existing nickel endowment. Significant peridotite hosted nickel with highly anomalous platinum and palladium was intersected within the ultramafic dyke. This intercept confirms the Company's belief that the dyke is a fertile system and supports the potential of massive and semi-massive deposition in a trap or embayment at the base of the untested dyke. 0.26% Ni, 0.14...
    10.12.2024
  • Prime Mining Corp. is reporting expansion drilling results from the Company's Los Reyes Project , located in Sinaloa State, Mexico. These results are from 2024 drilling at the Guadalupe Trend and are not included in the Company's October 15, 2024, Mineral Resource Estimate . Expansion Drilling Highlights at Guadalupe The Company is reporting 4 core holes at Guadalupe East, located in the south-east end of the Guadalupe Trend with the following highlights: 42.07 grams per tonne gold-equivalent over 1.0 metres estimated true width in hole 24GE-160, and: 11.33 g/t AuEq over 1.3 m ETW, including: 21.28 g/t AuEq over 0.7 m ETW; 5.32 g/t AuEq over 2.4 m ETW in hole 24GE-162, including: 7.34 g/t AuEq over 1.5 m ETW. Prime Mining Corp. Chief Executive Officer Scott Hicks commented, "...
  • Orla Mining Ltd. is pleased to provide an update on exploration at the Camino Rojo Extension, now referred to as "Zone 22". Summary Details: Expanded Resource Potential: Drilling has extended mineralization 800 metres beyond the current open-pit resource, with Zone 22 remaining open at depth and along strike. Drilling Progress: Over 32,000 metres drilled in 2024, with an additional 3,000 metres planned by year-end. High-Grade Intersections: Notable results include 31.5 g/t AuEq over 2.7m and 11.2 g/t AuEq over 4.5m, among others. Copper-Gold Discovery: A distinct Cu-Au-Ag mineralization event was identified, with copper grades up to 4.95%. Upcoming Resource Estimate: An initial underground resource estimate for the Camino Rojo Sulphides, incorporating historical and 2024 Cara...
    10.12.2024
    von CNW
  • Fortuna Mining Corp. is pleased to announce updated Mineral Reserves and Mineral Resources at its Séguéla Mine with the discovery of over 500,000 gold ounces of new Inferred Resources. Jorge A. Ganoza, President and CEO, commented, "Our exploration programs in 2024 have successfully grown our Inferred Resources to 677,000 gold ounces, including the contribution of four new mineral deposits." Mr. Ganoza added, "These new resources come from a growing pipeline of deposits that are planned for further expansion and definition drilling in 2025 as we look for opportunities to replace annual production related depletion and expand reserves." Updated Mineral Reserve and Mineral Resources highlights Proven and Probable Mineral Reserves are reported containing 1.0 Moz Au. Measured and ...
  • Kingfisher Metals Corp. is pleased to announce a non-brokered private placement of units at a price of $0.165 per Unit for aggregate gross proceeds of up to $1.25 million . Each Unit will consist of one common share and one-half of one transferable common share purchase warrant. Each whole warrant will be exercisable to acquire one additional common share of the Company for 24 months from the closing date of the Offering at an exercise price of $0.30. The Offering will be made by way of private placement in each of the provinces of Canada pursuant to applicable exemptions from the prospectus requirements. The net proceeds from the Offering will be used for, but are not limited to, continuing to expand Kingfisher's business, including the acquisition of the Ball Creek West pro...
    10.12.2024
  • In this segment of The Ellis Martin Report and Money Talk Radio we visit with Alexandra Woodyer Sherron, President and CEO of Empress Royalty Corp. . Empress Royalty is a global royalty and streaming creation company providing investors with a diversified portfolio of gold and silver investments with projects in Mexico, Peru, Mozambique and South Africa. The company's primary focus is investing in companies that are in production or near-term production. To Listen to the Interview, please visit: https://www.abnnewswire.net/lnk/8ONLUQH5 About Empress Royalty Corp.: Empress Royalty Corp. . is a global royalty and streaming creation company providing investors with a diversified portfolio of gold and silver investments. Since publicly listing in December 2020, Empress Royalty ha...
  • Northern Lights Resources Corp. is pleased to announce that it has located and catalogued all of the readily available exploration data pertaining to the Horetzky Project. The Horetzky Project, located in the Babine Copper Porphyry belt of central British Columbia, has been subject to numerous exploration campaigns since its discovery in 1967. A chronological summary of historic exploration work programs on the Horetzky Project is presented in Table 1. Northern Light's data research and compilation of historic exploration data identified 27.5 line km of IP work, 521 line km of magnetic and radiometric airborne survey, 1,128 soil samples, and 76 rock samples. Drilling on the Horetzky Project to date is limited to the eight diamond drill holes completed by Hecla Mining in 1973....
  • West Red Lake Gold Mines is pleased to provide an update on the Company's interpretation and vision for the Fork Deposit at its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada. The Fork deposit currently contains an Indicated mineral resource of 20,900 ounces grading 5.3 grams per tonne gold , with an additional Inferred resource of 49,500 oz grading 5.2 g/t Au. WRLG has recently completed a re-evaluation of the Fork deposit and has recognized a shallow, high-grade, low-plunging zone of gold mineralization that is located approximately 250 meters southwest from existing underground development at Madsen. The zone trends north-south and has been defined by previous drilling over an area of 400m by 250m and shows potential f...
  • Initial funding of US$500,000, and up to an additional US$2,000,000 in early 2025 for equipment and testing of Volt's proprietary direct lithium extraction technology for field operations Bakken formation in North Dakota generates approximately 2.0 million barrels of oilfield brine daily, representing the second largest producer of lithium-infused oilfield brine in the U.S. Potential to enhance North America's security of critical minerals, while supporting the energy and manufacturing sectors CALGARY, Alberta, Dec. 10, 2024 -- Volt Lithium Corp. announces that the Company has entered into a field study agreement with Wellspring Hydro to deploy and test Volt's proprietary direct lithium extraction technology field unit in the State of North Dakota and to establish the viabili...
  • Spearmint Resources Inc. wishes to announce that it has diversified the Company via an initial purchase of Solana. Spearmint plans to commit up to 20 percent of the cash on hand to this diversification. James Nelson, President of Spearmint stated, "Spearmint management feels it is prudent to try to be as proactive as possible to build shareholder value. Management feels that diversifying into Solana specifically holds the highest potential for growth within the crypto space. We plan to continue this plan of action for the foreseeable future and will update the market regarding this strategy in the short and long term." Solana is a crypto-computing platform that aims to achieve high transaction speeds without sacrificing decentralization. It seeks to improve scalability throug...
    10.12.2024
  • Defiance Silver Corp. is pleased to announce a Mineral Resource Estimate prepared in accordance with the National Instrument 43-101 - Standard for Disclosure for Mineral Projects for the 100% owned Tepal Gold-Copper Project, located in the municipality of Tepalcatepec, Michoacán State, in south-western Mexico. Highlights Include: 111.67 million tonnes of Measured & Indicated Mineral Resources averaging 0.26 g/t gold for 926,000 ounces of gold 111.67 Mt Measured & Indicated Mineral Resources averaging 0.19% copper for 473.86 million pounds of copper 111.67 Mt of Measured & Indicated Mineral Resources averaging 1.55 g/t silver for 5.58 million ounces of silver 124.36 Mt of Inferred Mineral Resources averaging 0.25 g/t gold for 985,000 ounces of gold 124.36 Mt of Inferred Minera...
    10.12.2024
  • /Not for distribution to United States newswire services or for dissemination in the United States/ Electric Royalties Ltd. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and Red Cloud Securities Inc. , pursuant to which the Agents have agreed to act as agents, on a "best efforts" basis, in connection with a private placement of up to 22,222,223 units of the Company at a price of C$0.18 per Unit for gross proceeds of up to approximately C$4 million . Each Unit will be comprised of one common share of the Company and one common share purchase warrant of the Company . Each Warrant will entitle the holder thereof to purchase one common share of the Company at an exercise price of C$0.25 per Warrant Share for a period of 2 years followin...
    10.12.2024
    von CNW
  • Torq Resources Inc. announces that Torq has today filed at www.sedarplus.ca its management information circular , notice of meeting and form of proxy prepared in connection with Torq's annual and special shareholders Meeting currently scheduled for January 10, 2025. At the Meeting, Torq will, in addition to the annual election of directors, appointment of auditors and consideration of an equity incentive plan, seek disinterested shareholders' approval for the definitive Santa Cecilia Project earn-in agreements signed with an affiliate of Gold Fields and announced December 2, 2024. These agreements constitute a "related party transaction" under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions by virtue of Gold Field's current 14....
    10.12.2024
  • Defiance Silver Corp. , would like to clarify certain statements contained in its news release dated October 30, 2024. On October 30, 2024, the Company announced that it has previously engaged an arm's length party, Torrey Hills Capital Inc. , a Rancho Santa Fe, California based investor relations firm, starting on November 1, 2024, to provide investor relations services to the Company, subject to acceptance by the TSX Venture Exchange . Cliff Mastricola is the principal of Torrey Hills and will be responsible for all activities related to the Company. Pursuant to the agreement, Torrey Hills will receive a monthly payment of $5,000 for a minimum term of four months. Once the initial term has been completed, the agreement may be terminated by either party by providing 30 days ...
    10.12.2024
  • Torex Gold Resources Inc. reports that the Company has received a notification from the Director General of Mines under the Federal Ministry of Economy that all activities within the Morelos Property are to be temporarily suspended to support their inspection associated with the fatal incident at the El Limón Guajes underground mine on December 5th. As a result, all operational and project activities within the Morelos Complex have been temporarily halted pending permission from officials to resume activities. Jody Kuzenko, President & CEO of Torex, stated: "This afternoon we were presented with a notice from the Director General of Mines to temporarily suspend activities at our Morelos Property to facilitate their inspection associated with the tragic incident that claimed t...
    10.12.2024


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