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Freeport Resources closes oversubscribed private placement, underscoring strong investor interest in its 100% of the Yandera Copper Project, one of the largest undeveloped copper deposits in the World, and the largest undeveloped copper project in Asia, the world's leading copper refiner and consumer. Yandera is an advanced-stage copper project with over US$200 Mil in exploration and development expenditures completed to date, including a 2017 Pre-Feasibility Study, prepared by Worley Parsons, which estimated historical Measured and Indicated Resources of 728 million tonnes grading 0.39% copper equivalent*. PNG's resource-focused economy is set to enter a construction supercycle with a number of multi-billion dollar infrastructure and mining projects in the pipeline including Wafi Golpu, F...

Battery Mineral Resources Corp. is pleased to announce encouraging drill core assay results from the new 2024 underground exploration and in-fill drill program at the Punitaqui mine complex in Chile.
The Company announced on May 13th, 2024, that it had resumed mill operations and production of copper concentrates at Punitaqui. Coincident with these activities, exploration drilling has resumed with an underground drilling campaign in the Sand Andres and Cinabrio mines.
Highlights Assay results from drillholes have returned with encouraging results as follows: Drillhole SAM-24-01: 4.3 meters at 1.4% total copper and 24 g/t grams per tonne silver
SAM-24-02: 4.0m grading 1.1% CuT & 7.8g/t Ag
SAM-24-04: 3.5m at 1.0% CuT & 23.3g/t Ag
SAM-24-05: 4.3m at 1.2% CuT & 19.2g/t Ag This in...

Puma Exploration Inc. is pleased to provide an update on its sale agreements with Raptor Resources Ltd. and Canadian Copper Inc. respecting the sale and transfer to Raptor of the Chester and Turgeon Projects located in New Brunswick, Canada for a total possible consideration of AUD$2,000,000 in cash and shares as outlined in its March 4, 2024, News Release. Raptor has recently informed Puma and Canadian Copper that the prospectus relating to its initial public offering of at least AUD$10,000,000 will be lodged with the Australian Securities Exchange on or before July 15, 2024. Pursuant to the sale agreement on Chester, Raptor was required to prepare and lodge a prospectus and receive conditional approval to list Raptor on the ASX by June 30, 2024 . The sale agre...

Vancouver, British Columbia - July 2, 2024 - VanadiumCorp Resource Inc. . The Company announces the resignation of its CEO, Paul McGuigan, who has completed his mandate as temporary CEO as announced in March 2022. Paul McGuigan, P. Geo., states: "VanadiumCorp has constructed its first electrolyte plant in less than 12 months using mostly in-house technical staff. We look forward to our next phase of corporate development and commercial production enabled by the experience of our first plant. It has been my pleasure to work with the VanadiumCorp team on this stage of its development." The Company completed construction and commissioning of its Plant No. 1 in Val des Sources, Quebec. The Company selected this first plant to enable team experience and market development based on...

July 2, 2024 - Heritage Mining Ltd. is pleased to announce that it has closed the second tranche of its non-brokered private placement financing previously announced on June 12, 2024 . The Company raised an aggregate of $157,000.04 pursuant to Tranche Two, of which $107,000.00 was raised on the issuance of 2,140,000 units and $50,000.04 was raised on the issuance of 833,334 flow-through units . Each Unit was issued at a price per Unit of $0.05 and is comprised of one common share in the capital of the Company and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 36 months at an exercise price of $0.075 . Each FT Unit was issued at a price of $0.06 and is comprised of one Common Share which will qualify as a "flow-through share"...

Valhalla Metals Inc. provides an update on the Ambler Mining District Access Road. The proposed Ambler Access Road is planned to cross Valhalla owned State mining claims at the Sun project and would unlock a host of critical and strategic metals located in the Ambler Mining District - all metals necessary for the green energy and transportation transition and ensure secure domestic supply chains for these metals. On June 14, 2024, U.S. Senator Dan Sullivan , a member of the Senate Armed Services Committee , voted on an overwhelmingly bipartisan basis to advance the Fiscal Year 2025 National Defense Authorization Act from committee. The $923 billion legislation includes 34 provisions authored by Sen. Sullivan, including several important authorizations specific to Alaska, and ...

Questcorp Mining Inc. announces that it has closed its non-brokered private placement offering of 4,999,999 units at a price of $0.07 per Unit for gross proceeds of $350,000. Each Unit consists of one common share of the Company and one common share purchase warrant entitling the holder to acquire a further common share of the Company at a price of $0.10 per common share until June 28, 2026 . An insider of the Company participated in the Offering for 183,570 Units in the aggregate. Such participation represents a related party transaction subject to Multilateral Instrument 61-101 - Protection of Minority Holders in Special Transaction . The transaction is however exempt from the formal valuation and minority shareholder approval requirements provided under subsections 5.5 and...

World Copper Ltd. provides an update on its Zonia copper-oxide project in Arizona, USA . A review of historical data by World Copper's newly formed Technical Advisory Committee has revealed the potential for re-processing mineralized material that was included in the historical mine plan at the Zonia Project. This material, located on heap leach pads from historical production on private patented land, and last processed in the mid-1970s, was treated with acid to recover soluble copper. Two historical reports, a 1979 mine production summary report by McAlester Fuel Company and a 1982 resource evaluation report by Mountain States Research & Development , indicate that the site hosts over 14 million tons of historically mined material available for re-processing: 7.1 million to...

Greenridge Exploration Inc. , is pleased to announce a non-brokered private placement for gross proceeds of up to C$1,000,000.05 from the sale of up to 952,381 flow-through units of the Company at a price of C$1.05 per FT Unit. The Company intends to use the proceeds from the Offering towards exploration on the Company's Nut Lake, Carpenter Lake, Snook Lake, Ranger Lake and Weyman properties. Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one half of one Common Share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$1.40 for a period of 36 months from the date of issuance. The Company may pay finder's fees of up to 6% in ...

CMC Metals Ltd. is pleased to announce, further to its news releases of April 29, 2024 and June 14, 2024 that it has received TSX Venture Exchange approval to close the first tranche of its non-brokered private placement . On June 26, 2024, the Company issued 2,782,143 non-flow through Units at a price of $0.035 per NFT Unit, for gross proceeds of $97,375, and 1,000,000 flow-through Units at a price of $0.04 per FT Unit, for gross proceeds of $40,000, for an aggregate gross proceeds of $137,375. Each NFT Unit is composed of one common share and one common share purchase warrant . Each FT Unit is composed of one common share and one-half common share purchase warrant , each NFT Warrant and each FT Warrant are exercisable for two years at $0.07 per common share. Kevin Brewer, P...

Big Ridge Gold Corp. has awarded share-based compensation to certain officers and non-executive directors, with all awards effective July 1, 2024. Big Ridge awarded a total of 1,500,000 options to its officers under the terms of the Company's Amended and Restated Option Plan. These options are exercisable at a price of $0.06 per share, expire on July 1, 2029, and vest in equal tranches on July 1, 2024, 2025, and 2026. In addition, Big Ridge awarded a total of 150,000 Restricted Share Units to its officers under the terms of the Company's Amended and Restated Restricted Share Unit Plan. These RSUs vest in equal tranches on July 1, 2025, 2026, and 2027. Finally, Big Ridge awarded a total of 1,800,000 Deferred Share Units to its directors under the terms of the Company's cash-ba...

MEG Energy Corp. announces the appointment of Michael McAllister to its board of directors, effective July 1, 2024. Mr. James D. McFarland, Chair of the Board of Directors, stated: "We are pleased to welcome Michael to MEG's Board of Directors. Michael's experience and expertise will be of significant benefit to MEG as we execute on our strategic initiatives." Mr. McAllister, P.Eng., has 40 years of energy industry experience, holding several executive roles with North American oil and gas companies. He has extensive expertise in operations and development. Mr. McAllister spent 20 years at Ovintiv Inc. where he held several executive roles. Prior to his retirement in 2020, he served as President where he was responsible for the company's operations, exploration, land, marketi...

Calgary, Alberta-- - North Peak Resources Ltd. announces that drilling is underway at its Prospect Mountain North area, with the first hole to be drilled now completed. The roughly 10,000 foot r/c drill campaign is targeting former near surface, high grade gold mines in the northern area of the Prospect Mountain Property in Eureka, Nevada. Drilling of some 20 holes will take place from the Wabash/Williams mine area, Industry Tunnel, Duke and Delaware Madrid sites, with holes ranging in depth from 300 to 700 feet. "Required groundwork and drill mobilization allowed drilling at Industry Tunnel to start Friday with excellent productivity continuing over the weekend," Brian Hinchcliffe, Chairman & CEO commented. "The last comprehensive drilling program in 1999 of some 96 holes with 26,000 feet...