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Lomiko Metals Inc. is pleased to announce that effective December 19, 2024, Gordana Slepcev, currently Chief Operating Officer, will assume the role of Chief Executive Officer and Belinda Labatte remain as Executive Chair. The Company will not be replacing the Chief Operating Officer role. Belinda Labatte, CEO and Interim Chair of the Board remarked: "As partners with shared values and vision for the growth of this business, Gordana and I see this change as the right leadership for the current phase of development and growth of the business. I am pleased to transition my role to Gordana Slepcev, and we are aligned with our shareholders invested in critical minerals development and advancing our natural flake graphite deposit in Quebec as a responsible and innovative developer...

Imperial Metals Corp. and its subsidiary Mount Polley Mining Corporation, along with engineering firm Wood Canada Limited, have been charged with alleged violations of the federal Fisheries Act, arising from the failure of the Tailings Storage Facility at the Mount Polley Mine more than 10 years ago in August of 2014. The charges are outlined in an indictment filed with the Supreme Court of British Columbia on December 6, 2024 which the Company received today. As this matter is before the courts, the Company does not intend to make further public statements. About Imperial Imperial is a Vancouver based exploration, mine development and operating company with holdings that include the Mount Polley mine , the Huckleberry mine , and the Red Chris mine . Imperial also holds a por...

Kincora Copper Ltd. is pleased to announce the results of voting at its Annual General and Special Meeting on December 9th, 2024 at 4pm PST held by hybrid meeting with webcast from Vancouver, Canada. All matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, dated November 8th, 2024, were approved by the requisite majority of votes cast at the Meeting with 23.53% of shareholder proxies returned. Details of the resolutions are provided below as well as an update that was presented to shareholders at the Meeting. This announcement has been authorised for release by the Board of Kincora Copper Limited. By order of the Board of Directors: Cameron McRae, Chairman enquiries@kincoracopper.com or +1 604 283 1722 Kincora ...

SIRIOS RESOURCES SIRIOS INC. announces the closing of the second tranche of its non-brokered private placement , through the issuance of 12,128,574 common shares in the capital of the Corporation , at a price of $0.07 per-Share. The aggregate gross proceeds for this second tranche are $849,000. The Shares were issued as "flow-through shares" pursuant to section 66 of the Income Tax Act and section 359.1 of the Taxation Act . The qualifying expenditures will be renounced in favour of the subscribers with an effective date no later than December 31, 2024. The gross proceeds from the sale of Shares will be used by the Corporation to incur eligible "Canadian exploration expenses" related to the Cheechoo Property of the Corporation, located in Eeyou Istchee James Bay, in the provi...

Nexus Uranium Corp. is pleased to announce it has increased its previously announced non-brokered private placement from up to 6,666,666 units of the Company to up to 7,000,000 FT Units. The FT Units will be issued at price of $0.30 per FT Unit to raise gross proceeds of up to $2,100,000 . Each FT Unit consists of one common share of the Company to be issued as a "flow-through share" within the meaning of within the meaning of the Income Tax Act and one common share purchase warrant each of which is exercisable to acquire one common share for 18 months following closing at an exercise price of $0.40. Proceeds from the Offering will be used to incur "Canadian exploration expenses" as defined in subsection 66.1 of the Tax Act and "flow through critical mineral mining expenditur...

Tower Resources Ltd. announces it has closed a non-brokered flow-through private placement offering for aggregate gross proceeds of $800,000 . Under the Offering, the Company issued 5,333,334 flow-through units at a price of $0.15 per FT Unit. Each FT Unit is comprised of one common share in the capital of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act and one-half of one non-transferable Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at $0.25 until December 9, 2026. The Company intends to use the gross proceeds from the Offering for expenditures which qualify as Canadian Exploration Expenses, within the meaning of the Income Tax Act , to run drill programs on its properties. In connec...

HIGHLIGHTS Dec 9 - Vancouver - Mithril Silver and Gold Ltd. provides an update for current drilling at the Target 1 area and the program for 2025 at its Copalquin Silver-Gold District project, Durango State, Mexico. The second stage of the 9,000 metre drill program recently commenced on the eastern side of the Target 1 resource area at El Cometa where recent drill hole CDH-159 intercepted 33m from surface at 31.8 g/t gold and 274 g/t silver 1 ~1,500 metres of core drilling have been completed since restarting in November after a scheduled break for drill maintenance and drill hole location update First two holes of this second stage of the campaign are at the laboratory, the next has left site, two more being logged and sampled and a sixth hole commencing, all on the eastern ...

Boron One Holdings Inc. is providing an update to its press release dated November 22, 2024, announcing the warrant exercise incentive program intended to encourage the exercise of up to 11,576,000 unlisted common share purchase warrants of the Company and warrant repricing , whereby it will amend the current exercise price for such Eligible Warrants, subject to approval from the TSX Venture Exchange . The Company issued the Eligible Warrants in connection with its private placement of units that closed on September 27, 2023 and November 7, 2023 . Pursuant to the Financing, each Unit was comprised of one common share of the Company and one Eligible Warrant, entitling the holder thereof to acquire one Common Share at a price of $0.07 for the first six months and $0.12 for the ...

Capstone Copper Corp. is pleased to announce that it has published its 2023 Sustainability Report titled "Building Capacity" . The Report has been prepared with reference to the Global Reporting Initiative Standards and in accordance with the SASB Metals and Mining Sustainability Accounting Standard. The Report details the Company's performance on material sustainability topics across its operations for the period from January 1 to December 31, 2023. John MacKenzie, Capstone's CEO, commented, "I am pleased to share our 2023 sustainability report for Capstone Copper. Bringing together the assets and teams of our two predecessor companies has enabled us to realize opportunities of scale, cross-learning and technical excellence as we endeavour to grow responsibly and create a pos...

2025 highlights include the benefits of increased throughput to 5,000 tpd and improved gold recoveries and an exploration program with 80,000 metres of drilling Lundin Gold Inc. is pleased to announce its 2025 guidance and three-year outlook for its 100% owned Fruta del Norte gold mine in southeast Ecuador. All amounts are in U.S. dollars unless otherwise indicated. View PDF 2025 Guidance Highlights: Gold production is estimated between 475,000 to 525,000 ounces . Cash operating costs1 and all-in sustaining costs1 are expected to range between $730 to $790 and $935 to $995 per oz of gold sold2, respectively. Total sustaining capital in 2025 is estimated at $75 to $85 million which includes 15,000 metres planned to be drilled under the resource conversion program. In light of ...

Highlights EC-01 returned 2.01 g/t Au over 288.34m from surface including 3.07 g/t Au over 175.26m Discovered a new high-grade zone below the previously known mineralisation that returned 13.18 g/t Au over 13.69m including 21.70 g/t Au over 6.10m Bulk composite samples of key mineralized zones with visible gold are being processed and assayed to ensure the full coarse fraction is being captured. Provenance Gold Corp. is pleased to announce assay results from the first core hole drilled by Provenance on its Eldorado Gold Property in Malheur County in Eastern Oregon. Drill Hole EC-01 was drilled to a total depth of 338.18 metres at a -68 dip and 315 Azimuth. The entirety of the hole was sampled with average sample lengths of approximately 1.45m each. Hole From To Length Gold Me...

Adamera Minerals Corp. announce that it has closed the 2nd and final tranche of the non-brokered private placement offering announced on November 6, 2024 of 240,000 units at $0.15 per unit for gross proceeds of $36,000. The two tranches total to $733,538. Each unit consists of one common share of the Company and one common share purchase warrant, with each warrant entitling the holder thereof, to purchase one additional common share of the Company at a price of $0.20 for a period of five years from the date of closing. If the closing market price of the Company's common shares on the TSX Venture Exchange is $0.30 or more over a period of 10 consecutive trading days at any time after the date that is four months and one day after the respective closing, the warrants will expir...

Horizon Minerals Ltd. is pleased to provide an update on the development of the Boorara Gold Project . HIGHLIGHTS - Horizon approved the development of Boorara in late July 2024 to mine a series of four open pits containing 1.24Mt of ore at 1.24g/t Au for 49.5koz of gold - Boorara mining services and surface ore haulage contracts awarded to Hampton Transport Services Pty Ltd on competitive terms, with no mining contractor payments until first gold pour sold and funds received - Mining to occur over 14 months and processing over 19 months at Norton Gold Fields' Paddington plant through an Ore Sale Agreement to generate $30M in estimated free cashflow at a A$3,600/oz gold price - Under the OSA, within five days of delivering ore to the Paddington ROM pad, Paddington to pay Hori...