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  • Greenland Resources Inc. welcomes the Government of Canada's decision announced today to appoint an Arctic ambassador and open a consulate in Nuuk, Greenland. This follows the new Canadian Arctic Foreign Policy Framework to protect, together with its allies, the economic and military challenges including mineral resources security supply in the Arctic. The Company believes this is relevant for the Project as it is in negotiations to secure Capex funding from Canadian and recently announced European financial institutions and agencies in its press releases dated October 1 and October 15, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241206778181/en/ Greenland Resources Inc. Greenland Resources is a Canadian p...
  • Providence Gold Mines Inc. , is pleased to announce further to the November 20,2024 news release an insider officer and director has completed a private placement in the amount of $75,000 Cdn for 1,500,000 units at $0.05 per unit. Each unit comprises of one common share and one non-transferable warrant exercisable into one common share of the Company at a price of $0.09 for a period of two years from the date of approval of closing. The funds will be used for general purposes. As announced, a placement of up to $1,800,000 Cdn for 36,000,000 units at $0.05 per unit is now underway. Each unit will comprise of one common share and one non-transferable warrant, exercisable into one common share of the Company at a price of $0.09 for a period of two years from the date of closing....
  • Equity Metals reports that it has received TSX Venture Exchange approval of the letter agreement with Origen Resources Inc. dated Nov 5, 2024 pursuant to which the Company has the option to earn a 100% interest in nine claims, totaling 3,583.89 ha. Pursuant to the Arlington Agreement, the Company has now paid Origen $80,000 and has issued to Origen 944,686 common shares of Equity valued at $200,000. In order to exercise its option under the Arlington Agreement, the Company must also meet the following obligations within one year: pay Origen $50,000; issue to Origen 2,000,000 shares; and incur exploration expenditures of $250,000 on the Arlington Property. Origen will retain a roy...
    06.12.2024
  • Bravada Gold Corp. announces that the Company has received approval from the TSX Venture Exchange for an extension until December 31, 2024, to close the previously announced non-brokered private placement consisting of up to 10,000,000 units at a price of $0.035 per Unit for gross proceeds of $350,000 . Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share. The Company will make provision for an over-allotment option to allow a purchase of up to 10% additional Units beyond the number of Units in this private placement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Units,...
    06.12.2024
  • Metal Energy Corp. is pleased to announce that it has upsized its previously announced non-brokered private placement to accommodate strong investor demand. The Offering will now consist of aggregate gross proceeds of up to $1,000,000. Other than the upsize of the Offering, all other details of the non-brokered financing remain as disclosed in the news release of the Company issued on December 4th, 2024. The Offering consists of any combination of units of the Company at $0.04 per unit and flow-through units of the Company at a price of $0.05 per FT Unit. Each Unit will be comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant is exercisable to acquire one Common Share in the capital of the Company at an ex...
    06.12.2024
  • Highlights: Laramide has completed the agreement terms for the opportunity to explore 22 subsoil use license applications covering approximately 5,500 km2 comprising the Chu-Sarysu Project located in the Suzak District of the South Kazakhstan Oblast, Republic of Kazakhstan. The prospective land package covers an area which is proximal to some of Kazatomprom's largest uranium deposits and operational mines, including Cameco's JV project, Inkai, and Orano's JV project, Muyunkum-Tortkuduk. The Chu-Sarysu Project area includes a number of mapped, paleo-channel roll-fronts, associated with uranium deposits and amenable to ISR mining. Laramide will operate and fund the exploration program towards the discovery of a viable uranium resource. Laramide Resources Ltd. , a uranium mine de...
    06.12.2024
    von CNW
  • Sonoran Desert Copper Corp. is pleased to announce that the Company has signed a Letter of Intent dated December 3rd 2024, to acquire a 100-per-cent interest in the Bahia Chromite Project . The Bahia Chromite Project is in the northern region of the State of Bahia, Brazil, near the municipality of Piritiba, which is 310km from Salvador via BR-324 and BR-052 to Mundo Novo and BR-421 to Piritiba . The Bahia Chromite Project is being acquired from Beko Invest Ltd., based on the previous extensive development work, completed under permit No. 1807 of 20.06.78, Official Gazette of 15.07.77 - MME-DNPM 808.223/75 of SOGEMINE-EM, including a final research report approved by the Brazilian Mineral Agency , and the filing of the Mining Application, which was assessed by the ANM. The Mini...
    06.12.2024
  • On National Day of Remembrance and Action on Violence Against Women and as part of the 16 Days of Activism against Gender-Based Violence, Rio Tinto is reinforcing its commitment to addressing domestic and family violence by extending support to local organisations across Canada. For the fifth consecutive year, Rio Tinto is partnering with organisations that provide shelters, counselling, education, training, and activities to help women, children, and members of the 2SLGBTQ+ community rebuild their lives. This year, Rio Tinto is contributing $350,000 to support 14 organisations delivering essential services to those affected by gender-based violence. Executive Director of Rio Tinto Aluminium Quebec Operations Stéphanie Gignac said: "Gender-based violence impacts all aspects of...
  • Unigold Inc. announces that the Company intends to extend the expiry dates of a total of 16,629,167 share purchase warrants to June 23, 2025. Each of these warrants entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and all other terms of the warrants, including exercise price, will remain the same. The warrants were issued pursuant to a private placement which closed on June 23, 2020 and include 193,060 warrants which were issued to insiders. The warrants are set to expire on December 31, 2024. In addition, the Company intends to extend the expiry dates of a total of 53,433,675 share purchase warrants to December 31, 2025. Each of these warrants entitles the holder thereof to acquire one common share of the Company at a...
    06.12.2024
  • Silver Tiger Metals Inc. is pleased to announce the filing of a Preliminary Feasibility Study for its 100% owned, silver-gold El Tigre Project located in Sonora, Mexico. The Technical Report supports the scientific and technical disclosure in the Company's news release dated October 22, 2024, announcing the results of an updated Mineral Resource Estimate and Pre-Feasibility Study. The Technical Report is available at www.sedarplus.ca under the Company's profile. The updated MRE also contains an Out-of-Pit Mineral Resource that Silver Tiger plans to study in a Preliminary Economic Assessment in H1-2025. Highlights of the PFS are as follows : After-Tax net present value of US$222 million with an After-Tax IRR of 40.0% and Payback Period of 2.0 years ; 10-year mine life recoveri...
    06.12.2024
  • Great Pacific Gold Corp. announces that it has developed an extensive exploration program for its Wild Dog Project located on the island of New Britian, Papua New Guinea . As outlined in our October 28, 2024 news release, the Company has been actively preparing an extensive exploration program for its flagship Wild Dog Project, set to commence in 2025. Preparations have included a detailed site visit to the Project in late November, as well as a comprehensive planning session held in the nearby town of Rabaul. Highlights Engaged RSC Mining and Mineral Exploration to consolidate historical data from the Project into a Leapfrog and GIS workspace Developed a plan with Expert Geophysics to fly the Wild Dog property with MobileMT geoelectrical mapping Completed base line environme...
    06.12.2024
  • Kraken Energy Corp. is pleased to provide an update on the drill permit application for the Apex Property. Kraken Energy Corp. Adjusts Plans Following US Forest Service Review Update Kraken's Apex Project is facing an unexpected delay following a decision by the Humboldt-Toiyabe National Forest to introduce a forest-wide Uranium Safety Management Plan before further Plan of Operations approvals. The Company submitted a revised PoO in Spring 2023, carried out archaeological and biological studies in 2023-2024, and participated in a site visit with HTNF officials in September 2024 as part of the approval process. The HTNF had previously indicated it would provide comments on the Company's PoO after the site visit. However, in a recent conversation with HTNF officials, the Compa...
    06.12.2024
  • Inspiration is pleased to announce that plans are currently being formulated to start exploration operations on the newly acquired Rottenstone North Gold Project . Ramp Metals Inc.'s news this week was very encouraging, stating they have discovered new target zones on their discovery. One of these new zones, the Rush target, is directly bordering Inspiration's Property. Rottenstone North Gold Project To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/11094/232714_a031f78814243a26_001full.jpg "New targets uncovered by Ramp right up against our Property potentially bodes well for our upcoming commencement of exploration programs. This Gold Project is at the right address in Saskatchewan, which is one of the most business and mining ...
    06.12.2024
  • Omineca Mining and Metals Ltd. is pleased to announce that it has entered into an agreement with Research Capital Corporation as the sole agent and sole bookrunner in connection with a brokered, best-efforts basis, private placement offering of flow-through units of the Company at a price of $0.055 per FT Unit, for gross proceeds of up to $2,400,000. The gross proceeds will be used for the ongoing drilling and exploration program currently underway at Wingdam located in the Cariboo Mining District of south central British Columbia. The exploration program is aimed at locating the lode source of the rich placer gold found 50 meters underground, beneath Lightning Creek. The host rock and mineralization resemble the gold-bearing vein type mineralization at the recently permitted...
    06.12.2024
    von CNW
  • Newmont Corp. announced today that it has agreed to sell its Cripple Creek & Victor operation in Colorado, USA, to SSR Mining Inc. for up to $275 million in cash consideration. Upon closing the announced transactions, Newmont will have delivered up to $3.9 billion in gross proceeds from non-core asset divestitures and investment sales.1 The transaction is expected to close in the first quarter of 2025, subject to certain conditions being satisfied.2 Under the terms of the agreement, Newmont expects to receive gross proceeds of up to $275 million, which includes: Cash consideration of $100 million, due upon closing Deferred contingent cash consideration of $87.5 million upon receipt of pending regulatory approvals3 Deferred contingent cash consideration of $87.5 mill...


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