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  • Aya Gold & Silver Inc. is pleased to announce that it has completed commissioning of its electrical line and begun powering its Zgounder Silver Mine in the Kingdom of Morocco with renewable energy. Highlights On June 30, the 93km, 60kV power line was commissioned and powered: The departure and arrival substations have also been commissioned and energized. The line is connected to the Office National de L'Électricité et de l'Eau Potable high-voltage national electricity grid. The new power line is expected to provide a low-cost, predictable supply of electricity to the new Zgounder plant: Our 20-year power purchase agreement with Nareva's Énergie Éolienne du Maroc , along with the access to the national high-voltage grid, is projected to reduce electricity unit costs by up to ...
  • Newcore Gold Ltd. is pleased to announce that it has received total proceeds of approximately $3.3 million from the exercise of 16,666,666 common share purchase warrants of the Company which expired on June 28, 2024. The Warrants had an exercise price of $0.20 and were originally issued on June 28, 2023 following the completion of a non-brokered private placement financing. Luke Alexander, President and CEO of Newcore stated, "We would like to thank our shareholders for their continued support and confidence in the Company through the exercise of the Warrants. Management and Board of Directors also exercised Warrants they held and continue to be strongly aligned with shareholders by way of an approximately 20% equity ownership. This funding allows Newcore to continue to advan...
  • CNX Resources Corp. will announce its financial results for Q2 2024 at 6:45 a.m. Eastern Time on Thursday, July 25. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q2 2024 update. These materials will be available on CNX's Investor Relations website. This release will be followed by a Q&A conference call and webcast. Q&A Conference Call Information CNX Resources 10:00 a.m. ET: Thursday, July 25 Dial-In: 855-656-0928 412-902-4112 Reference "CNX Resources Call" Webcast: investors.cnx.com A replay of the Q&A conference call and webcast will be maintained on the Investor Relations page on CNX's website. About CNX Resources CNX Resources Corporat...
    03.07.2024
  • New Found Gold Corp. is pleased to announce the initiation of surface trenching at the Iceberg Zone at its Queensway Project , located on the Trans-Canada Highway 15km west of Gander, Newfoundland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240703671356/en/ Figure 1. 3-D horizontal section with planned Iceberg trench outline on bedrock and previously excavated Keats trench outline. Highlights: The Iceberg surface trenching program will focus on excavating between 1-12 meters of overburden that covers the projection of the Iceberg Zone at the bedrock surface, exposing 220m of strike length over a 105m wide area, which corresponds to a core segment of the surface expression of the Iceberg Zone . Excavation of ove...
  • Liberty Gold Corp. is pleased to announce a significant milestone in the advancement of the Black Pine Oxide Gold project, located in southeast Idaho . On Wednesday, June 26, the Company hosted a formal mine permitting kick-off meeting with key representatives from the US Forest Service , the Bureau of Land Management , and the Idaho Department of Lands. The meeting was led by Matt Zietlow, Director of Regulatory Affairs & Sustainability for Liberty Gold. The primary focus of this meeting was to present a comprehensive framework and draft schedule to resource specialists from the attending federal and state agencies. This framework outlines the strategic plan and necessary deliverables required for the upcoming months in preparation for the formal submission of the Mine Plan ...
  • OceanaGold Corp. will release its operational and financial results for the second quarter of 2024 after market close on Tuesday July 30th, 2024. The results will be made available on the Company's website at www.oceanagold.com. Senior management will host a conference call / webcast to discuss the results on Wednesday July 31st, 2024, at 10:00 am Eastern Time. Webcast and Conference Call Details: To register, please copy and paste the link into your browser: https://app.webinar.net/X9WPjZkrnl2 Toll-free North America: +1 888 390-0546 International: +1 416 764-8688 If you are unable to attend the call, a recording will be made available on the Company's website. About OceanaGold OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly m...
    03.07.2024
    von CNW
  • Panther Minerals Inc. reports that it has engaged DIRT Exploration of Cape Town, South Africa, to conduct a long-wave infrared survey and interpretation of high-resolution hyperspectral satellite imagery over the northern portion of the Boulder Creek property, Alaska. The proposed survey covers the Fireweed uranium prospect , where in 2007 twenty-one rock samples by Triex Minerals Inc. returned from 0.14% to 0.81% U308. The Fireweed Prospect was discovered in outcrop through the investigation of a strong radiometric anomaly flown at 200-meter line spacing. The Fireweed mineralization is interpreted to be substantially different from that at the Boulder Creek deposit, which is hosted within Tertiary-aged sandstone units. Based on the data reviewed to date, and as indicated in ...
    03.07.2024
    von CNW
  • Namibia Critical Metals Inc. is pleased to announce that on July 3, 2024, it has signed a non-binding, non-exclusive Memorandum of Understanding with Copenhagen Atomics A/S to sell thorium produced from the Lofdal Heavy Rare Earth Project. Key Highlights The MOU provides the framework for the parties to negotiate a binding commercial offtake agreement for the supply of thorium from the Lofdal Project. Annual production of thorium oxide from the Lofdal project is expected to be about 100 tonnes in full production. Provides an additional potential revenue stream from a waste product for NCMI. The parties intend to move forward and outline a conditional purchase order with a given quantity, delivery date and quality, which CA will submit to NCMI before Jan 2025. The MOU will be ...
    03.07.2024
  • CoTec Holdings Corp. is pleased to announce that it intends to complete a non-brokered private placement of 5,500,000 common shares in the Corporation to Kings Chapel International Limited at a price of $0.50 per Common Share for gross proceeds of $2,750,000 . The Corporation will use the gross proceeds of the Private Placement to repay a portion of the loans previously advanced to the Corporation by Kings Chapel, to fund potential investment opportunities and for working capital purposes. Kings Chapel is an existing insider and Control Person of the Corporation. Julian Treger, a director of the Corporation and its Chief Executive Officer, is a beneficiary of a family trust associated with Kings Chapel. As a result, the Private Placement is expected to be a related party tran...
    03.07.2024
  • Golden Cariboo Resources Ltd. is pleased to announce the introduction of an oriented core system on the active drill program at the Quesnelle Gold Quartz property. Drill core orientation preserves the original position of the rock retrieved during the drilling process, which allows for the collection of structural measurements of rock formations, veins and geologic structures as they were in-situ underground. It is expected that the oriented core data collected will be a key component in generating a geological and structural model for gold mineralization on the property. The Company would also like to provide a drill production update for the Quesnelle Gold Quartz property. The Company has completed drilling holes QGQ24-09, QGQ24-10, QGQ24-11 and QGQ24-12 for a total of 1268...
  • Fortitude Gold declares its monthly dividend of $0.04 per common share payable on July 31, 2024 to shareholders of record as of July 19, 2024. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield. Dividends may vary in amount and consistency or be discontinued at the Board of Directors' discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Company's public filings with the U.S. Securities and Exchange Commission. About Fortitude Gold Corp.: Fortitude Gold is a U.S. bas...
    03.07.2024
  • Group Eleven Resources Corp. is pleased to announce details of its upcoming drill program at the Carrickittle West Prospect , Republic of Ireland. The prospect spans across the Company's 76.56%-owned Stonepark Project and the Company's 100%-owned PG West Project . The Company is also pleased to provide an update on its ongoing drill program at the Ballywire Zn-Pb-Ag discovery , located at PG West. Highlights Drilling at Carrickittle West is planned to begin in calendar Q3 2024 and complete by year-end, with 4-5 holes totalling approx. 1,700m Drilling will test targets on the southern margin of Limerick Volcanic Complex , a prospective area that measures approximately 11km in strike-length Targets include areas of brecciation and mineralization seen in previous drilling, the K...
    03.07.2024
    von CNW
  • 2024 exploration has begun on the newly acquired Clear Creek property First diamond drilling program ever to be completed on the Rhosgobel Intrusion since historical shallow reverse circulation drilling in 1995 to follow up on holes 95-15 which intersected 50.3 m of 1.07 g/t gold and 95-16 which intersected 67.1 m of 1.03 g/t gold with both holes ending in strong gold mineralization. Grid geochemistry currently underway to infill gaps to the south of the Blackjack deposit on the high potential Pukelman West intrusion and G2 zone on the newly acquired Clear Creek claims. Integration of newly acquired datasets with Sitka Gold data. Geological mapping and prospecting following up on the high grade G2 zone, Contact zone and other highly prospective gold targets. Sitka Gold Corp. ...
    03.07.2024
  • Vancouver, BC, July 3, 2024 - - Q2 Metals Corp. is pleased to provide an update from its 2024 exploration program at the Cisco Lithium Property located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada.The Company commenced its 2024 drill program at the Cisco Property in May, with the primary objective of confirming and expanding upon the mineralized zone where the Property vendors worked in 2023 . As previously announced on June 17, 2024 the Company encountered wide intervals of spodumene-pegmatite including:- Drill hole CS24-010 which encountered five spodumene-mineralized intervals that were greater than 10 m wide.- The sum of all spodumene-mineralized intervals in hole CS24-010 was 194.8 m, with the widest individual interval measu...
  • South Pacific Metals Corp. , an emerging gold-copper exploration company operating in the heart of Papua New Guinea's proven production corridors, is pleased to announce it has launched a systematic and aggressive exploration program to evaluate its 3,000 square kilometre portfolio of four gold-copper projects. Generative exploration programs at Anga, Osena, Kili Teke and May River Projects will focus on achieving near-term discoveries and identifying additional growth opportunities. Highlights: Boots-on-the-Ground Exploration in the Mineral-Rich Kainantu District: Design of surface sampling, mapping and prospecting programs is currently underway for both the Anga and Osena Projects, located in the Kainantu Gold District and mantling K92's tenements that host their producing ...
    03.07.2024



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