• Freitag, 27 Dezember 2024
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  • Azimut Exploration Inc. is pleased to announce the discovery of an extensive spodumene pegmatite field in the eastern part of its wholly-owned 39-kilometre-long Wabamisk Property in the Eeyou Istchee James Bay region of Quebec. Surface sampling returned numerous high-grade results from 86 rock samples, including 52 channel samples, collected from a roughly 4 square kilometre area. The spodumene pegmatites appear to represent a swarm with variable orientations and dips. This new target remains open in all directions . Additional fieldwork to further outline the prospective area will begin as early as possible in spring 2025, likely followed by diamond drilling. The Lithos target was discovered while verifying an isolated historical grab sample that returned a grade of 0.34% Li2...
  • Radisson Mining Resources Inc. is pleased to announce results from a single and remarkably high-grade diamond drill hole recently completed at its 100%-owned O'Brien Gold Project located in the Abitibi region of Québec. OB-24-347 was a shallow hole drilled at the eastern margin of the historic O'Brien Gold Mine workings. At approximately 200 metres vertical depth it intersected 643.1 grams per tonne gold over 2.1 metres, including 1,345.0 g/t Au over 1.0 metre. The extensive nuggety-gold and high silicification suggest that the hole has intersected the near-surface extension of the famous O'Brien "Jewellery Box", a mining stope believed to be the source of extremely high-grade and museum quality gold samples. Video of the core is available HERE. Matt Manson, President & CEO, ...
  • GoviEx Uranium Inc. and GoviEx Niger Holdings Ltd. , GoviEx's fully owned subsidiary , have commenced arbitration proceedings against the Republic of the Niger under the Convention on the Settlement of Investment Disputes Between States and Nationals of Other States . The Companies commenced the Arbitration pursuant to the arbitration clause set out in the Mining Convention signed on 26 May 2007 by GoviEx Niger and the State which is governed by Nigerien Law, including the 1993 Mining Law as supplemented in 1999 and amended in 2006 , on the basis that the State breached its obligations, as set out in the Mining Convention and Nigerien Law. In July 2024, the Niger Ministry of Mines informed GoviEx Niger of its decision to deprive the company of its rights under a mining permit...
    09.12.2024
  • XXIX acquired Cuprum and its 100% owned Thierry Copper Project in an all-share deal XXIX becomes one of Eastern Canada's largest copper developer The combined Company was rebranded as XXIX Metal Corp., reflecting copper's atomic number 29 New TSXV Ticker symbol is XXIX, effective December 11 XXIX Metal. is pleased to announce that it has completed the acquisition of 100% of the issued and outstanding common shares of Cuprum Corp., establishing XXIX as one of Canada's largest copper resource developers, with two multi-billion-pound copper deposits in Quebec and Ontario. Link to XXIX's Corporate Presentation "This transformative acquisition is a significant milestone in XXIX's growth strategy. Thierry, Ontario's largest copper resource, is a complementary addition to Opemiska...
    09.12.2024
  • Torex Gold Resources Inc. provides an update on the carbon monoxide exposure at the El Limón Guajes underground mine that claimed the lives of two employees and one contractor and injured a second contractor. The relevant authorities have all been notified and the Company is fully cooperating with regulators. Operations within ELG Underground have now resumed. Jody Kuzenko, President & CEO of Torex, stated: "There are no words to properly express the sorrow we feel as we mourn the three individuals who lost their lives at ELG Underground. Our focus has been on supporting the families of our employees to the fullest extent, and on supporting our team at site through this very difficult time. "Authorities have undertaken their initial assessments and regulator-led investigation...
    09.12.2024
  • Q Precious & Battery Metals Corp. is pleased announce recommencement of diamond drilling over the 2024-2025 winter at their La Corne South project located north of Val d'Or, Quebec. The winter drilling will continue testing geophysical anomalies similar to those tested by the three drill holes completed to date. Three drill holes that have been completed to date were designed to test coincident TDEM conductors with magnetic highs . As reported in previous news releases, results from hole 24LCS-01 indicate robust VMS-style mineralization containing elevated copper, zinc, silver, and gold. Results from core samples submitted from holes 24LCS-02 and 24LCS-03 are expected to be released soon. Using weighted averages combined with copper equivalents, the following has been calcula...
    09.12.2024
  • Orla Mining Ltd. is pleased to announce the appointment of Dr. Silvana Costa as the Company's new Chief Sustainability Officer, effective January 13, 2025. In this role, Dr. Costa will have executive level responsibility for Orla's Environmental, Social, and Governance efforts, in addition to guiding the Company's internal and external stakeholder relationships. Orla's growth into an intermediate gold producer has been enabled by a strong commitment to sustainability and the integration of social responsibility into its decision-making process. This dedication to sustainability is reflected in the key role of the Chief Sustainability Officer which is positioned on Orla's executive team. Dr. Costa brings over 20 years of experience across various roles within the mining indust...
    09.12.2024
    von CNW
  • Goldshore Resources Inc. is pleased to announce that, further to the Company's press release on November 25, 2024, all three components of the winter exploration program, including diamond drilling, top-of-bedrock sonic drilling, and ground-based induced polarization geophysics, are underway at the 100% owned Moss Gold Project in Ontario, Canada. The 15,000 meter diamond drill program is targeting resource expansion in the top 200 meters from surface within the conceptual open pit defined by the current mineral resource estimate; whereas the sonic drill and geophysical programs are designed to develop discovery-focused drill targets along 23 kilometers of prospective structural corridors that share similar characteristics to the Moss Deposit structure. Michael Henrichsen, Gol...
    09.12.2024
  • Golden Cariboo Resources Ltd. announces today a significant expansion to the Halo zone in the second drill hole from the current phase of drilling, drill hole QGQ24-17, which intersected 452.51 m of 0.30 g/t gold near surface from a depth of 10.97 m , including 27.32 m at 1.01 g/t gold and 51.26 m at 1.00 g/t gold. The broad, 452.51 m intercept of gold mineralization, extends the Halo zone 241 m to the north from the QGQ24-14 collar and discovery holes drilled this past summer . The drill hole, set up at an azimuth of 000º and inclination of -45º, was the first of a series of northerly oriented drill holes designed to test the northwest-trending mineralized zone, and northeast-trending veins within it which host the gold mineralization. As currently defined by drill...
  • Highlights: Two additional drill holes from the summer drill campaign with strong analytical results are reported herein. Highlights include: CS-24-022: Three wide intervals containing: 55.8 m at 1.60% Li2O; 52.3 m at 1.78% Li2O, including 21 m at 2.46% Li2O; and 47.2 m at 1.55% Li2O. CS-24-023: Widest interval of 188.6 m at 1.56% Li2O, including 26.0 m at 2.03% Li2O. Q2 Metals Corp. is pleased to report further assay results from the 2024 drill campaign at the Cisco Lithium Property located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. All drill holes intersected pegmatite with visual indications of spodumene mineralization identified. "The results of drill hole 23 successfully confirmed the continuity of spodumene ...
    09.12.2024
  • Granada Gold Mine Inc. has reviewed a recent updated news release of a mid-tier local gold operator's production costs. It is estimated, that upon completion of the Company's ongoing deep drilling program in 2027, that the potential exists for custom milling with three separate mid-tier gold producers in Quebec along the Cadillac Break in 2027 due to the exhaustion of their resources. Granada Gold Mine's open pit is fully permitted and shovel ready should the opportunity present itself with 540,000 ounces of gold in the measured and indicated categories. Historically, the open pit was operated at 3.5 to 5 grams per tonne gold. Two recent 500-tonne bulk samples have returned open-pit average gold grades of 4 grams per tonne gold. Revising the costs from a PFS completed in May ...
  • Leading Edge Materials announces that an application for an Exploitation Concession 25-year mining lease has been submitted to the Mining Inspectorate of Sweden for the Norra Kärr Heavy Rare Earths Project. Norra Kärr had previously been granted a Bearbetningskoncession, in 2013, when the Company proposed that mining and all processing activities be located at the Norra Kärr site. The Norra Kärr project was fundamentally redesigned in the 2021, following feedback from stakeholders, completely decoupling mining and chemical processing activities, with the latter relocated away from the mine site. The redesign was the basis for the Preliminary Economic Assessment completed in 2021 . A reminder of the financial highlights from the PEA2021...
  • Share buyback program 2024 for EUR 4.0 million completed 109,700 shares bought back for an average of EUR 36.53 The total number of dividend-bearing shares will therefore decrease by approximately 2.2% to 4,895,738 The 2024 share buyback program was completed in the past few days. The share buyback of approximately EUR 4.0 million, which was originally planned to run until May 2025, has thus been completed ahead of schedule. A total of 109,700 shares were bought back at an average price of EUR 36.53. The total number of dividend-bearing shares will therefore decrease by approximately 2.2% to 4,895,738. It is planned to cancel the repurchased shares. According to the authorization of the Annual General Meeting 2022, Deutsche Rohstoff AG...
    09.12.2024
    von DGAP
  • Caledonia Mining Corporation plc announces that on December 6, 2024 Mr Mark Learmonth, a Director and the CEO of the Company, purchased 2,047 depositary interests of the Company representing the same number of common shares of no par value in the Company at a price per depositary interest of GBP8.30. Following this transaction, Mr Learmonth has an interest in 187,031 shares in the Company representing approximately 0.97% of the issued share capital of Caledonia. Further details of the transaction are set out below. Enquiries: Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall Tel: +44 1534 679 800 Tel: +44 7817 841 793 Cavendish Capital Markets Limited Adrian Hadden Pearl Kellie Tel: +44 207 397 1965 Tel: +44 131 220 9775 Panmure Liberum Scott Mathieson/Matt Hogg ...
  • Kenmare Resources plc 9 December 2024 Moma update Kenmare Resources plc , one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine in northern Mozambique, provides an update on the recent protests in Mozambique, including in areas surrounding its Moma Mine. The safety and wellbeing of employees, contractors, and the Company's host communities remain Kenmare's highest priorities and there are no reported injuries to date at the Mine. The Company is monitoring the situation closely and is taking precautionary measures to ensure the continued safety of its personnel and the integrity of its facilities. Contrary to some media reports, senior management have remained on the mine site and no employees have been evacuated. Wh...


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