• Sonntag, 29 Dezember 2024
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  • Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.065 per share for November 30, 2024 . At the end of November, the Company's price per share was C$0.025. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Black Sheep Income Corp. Private $1,262,539 0.012 Guided Therapeutics Inc. Private $442,058 0.004 Omai Gold Mines Corp. OMG.v $323,510 0.003 Arizona Sonoran Copper Co. Inc. ASCU $247,080 0.002 Aurion Resources Ltd. AU.v $218,550 0.002 Working Capital and Liquid Investments $1,525,182 0.014 Other Public Equity Investments $1,878,320 0.018 Other Private Equity Investments $826,210 0.008 Other Merchant Banking Investments $135,379 0.001 To...
    05.12.2024
  • All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. IAMGold Corp. is pleased to provide updated Mineral Resource and Mineral Reserve estimates and an accompanying updated life of mine plan for the Company's Westwood Complex , located in Quebec, Canada. IAMGOLD will file an updated NI 43-101 technical report for the updated MRMR and LOM plan on SEDAR at www.sedarplus.ca within 45 days of the date of this news release. The MRMR estimates were prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards incorporated by reference in National Instrument 43-101 - Standards of Disclosure for Mineral Projects . Highlights of updated Technical Report Update life of mine from 2025 to 2032, driven by underground Min...
    05.12.2024
  • HIGHLIGHTS Awalé has commenced a 4000m diamond drill program at the BBM and Charger Zones. BBM drilling to focus on both expanding and confirming the 600m mineralized core toward the NW and SE. Charger drilling will test the new high-grade model for continuity and expansion. Drilling is fully funded by Newmont. Awalé Resources Ltd. is pleased to announce the commencement of drilling at the BBM and Charger Zones within the Odienné Joint Venture in Côte d'Ivoire. The 4000-metre diamond drilling program is the final phase of 2024 and is fully funded by Newmont. Drilling is expected to continue into 2025, with both diamond and reverse circulation drilling. Highlighted results from the previous program included: 59m @ 14.7 grams per tonne gold from 96m downhole in OEDD-100 at Char...
    05.12.2024
  • Churchill Resources Inc. is pleased to provide an update on its Taylor Brook nickel project where drilling has been in progress since mid-September but is currently shut down for borehole geophysical and Optical and Acoustic Televiewer surveys. These surveys along with imminent assay and geochemical results, are anticipated to generate refined chargeability +/- conductor targets for further drill and trench testing in Q1-Q2, 2025. As well, the Company continued soil sampling, lithogeochemical sampling, and prospecting work through the Fall to assist in identifying potential new targets along the ~13km TB Magmatic Trend, and the new TB West licenses. To summarize: Ni-Cu-Co sulphides identified near surface and at depth at TB-01 in multiple holes Borehole IP, Televiewer, and EM...
  • Aberdeen International Inc. is pleased to announce the appointment of Dev Shetty as Chief Executive Officer of the Company and as Executive Chairman of the Company's board of directors , effective immediately. Mr. Shetty's appointment follows Mr. Fred Leigh's resignation as Chief Executive Officer of the Company, though Mr. Leigh will remain on the Board. The appointment of Mr. Shetty is part of the Board's strategy to revamp the Company's investment strategy and to establish a new investment platform focused on identifying and acquiring assets in energy transition metals, precious metals, base metals, and gemstones. As part of this new strategy, Mr. Shetty intends to onboard an executive team with extensive experience acquiring and managing mining assets. Mr. Shetty is a cha...
  • Emerita Resources Corp. continues to intersect significant mineralization at its ongoing drilling campaign at El Cura. El Cura is part of Emerita's wholly owned Iberian Belt West project and is one of three identified Volcanogenic Massive Sulphide deposits on the Project: La Romanera, El Cura and La Infanta. Drill results to date are demonstrating that the El Cura deposit is a more copper-gold-silver rich system and lower in zinc and lead than either La Romanera or La Infanta deposits. There is a thicker volume of high grade copper-gold mineralization emerging within El Cura deposit, delineated by 5 holes to date EC013, 014, 020, 022 and 028 . This zone remains open for expansion at depth and down-plunge as does the deposit. Results contained in this news release are from El ...
  • NeXGold Mining Corp. is pleased to provide high-grade results from the C Zone East, including the results for the previously-announced visible gold intersection located below the current mineral resource on the eastern end of the C Zone at the Goliath deposit at the Goliath Gold Complex , and is also pleased to provide results from the initial Interlakes drill program. Highlights: Visible Gold core sample from TL24-678 returned 117.95 g/t Au over 2.70 metres including 635 g/t Au over 0.5 metres at 607 metres depth down hole, which was within a wider interval of 6.30 metres grading 50.81 g/t Au TL24-681 intersected 3.43 g/t Au over 2.20 metres including 13.30 g/t Au over 0.5 metres and 1.57 g/t Au over 2.52 metres including 4.64 g/t Au over 0.72 metres approximately 50 metres ...
  • Sierra Metals Inc. is pleased to provide production and cost guidance for 2025 for its two underground mines in Latin America: the Yauricocha mine in Peru and the Bolivar mine in Mexico. Ernesto Balarezo, CEO of Sierra Metals, comments, "We are very excited to have reached full capacity levels in Yauricocha, allowing us to operate at higher throughput rates. The latter is reflected in the increased metal production and stronger cost guidance. At Bolivar, we also expect to operate at full capacity throughout the year, despite lower projected grades due to our mining sequencing plan. Overall, looking ahead to 2025, we envision a year of full throughput at both operations, while we position our mines for sustainable long term value creation." At Yauricocha, we expect our product...
  • HIGHLIGHTS Surficial mapping was conducted as part of the 2024 Angilak Exploration Program that focused on areas strictly proximal to the Lac 50 Deposit and achieved its objective of discovering high-grade uranium mineralization on surface beyond the extents of the Lac 50 Deposit's Exploration Target Model; High-grade surficial uranium mineralization was identified between Lac 48, Lac 50, Lac 52, and Lac 54 trends, collectively known as the Lac 50 Deposit, along prospective new parallel trends; Discovery of outlined outcrops containing high-grade uranium mineralization along strike from the Lac 50 Deposit provide basis for future exploration and significantly de-risk expansion efforts; A zone of extensive bedrock outcrop with radioactivity up to >60,000 counts per second - >10,000 cp...
    05.12.2024
  • Condor Resources Inc. is pleased to announce a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.15 per Unit for gross proceeds of up to $1,500,000 pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions . Each Unit will consist of one common share of the Company and one-half of one non-transferable common share purchase warrant . Each whole Warrant will be exercisable for a period of 36 months from the Closing Date and will entitle the holder thereof to purchase one additional common share prior to the expiry of the Expiry Period: at an exercise price of $0.20 per Warrant Share if duly exercised during the Exercise Period on or before the date that is 24 months following the ...
    05.12.2024
  • CoTec Holdings Corp. and Mkango Resources Ltd. are pleased to announce the initiation of a "Request for Proposal" process from leading Engineering, Procurement and Construction Management providers to complete the detailed engineering design, procurement and construction management phase for HyProMag USA LLC. state-of-the-art rare earth magnet recycling and manufacturing project in the United States . The results of the positive feasibility study for the Project were announced on November 25, 2024, which can be accessed via the following link: https://hypromagusa.com/hypromag-usa-feasibility-study-demonstrates-robust-economics-and-the-opportunity-to-develop-a-major-new-domestic-source-of-recycled-rare-earths-magnets-for-the-united-states/ The detailed engineerin...
    05.12.2024
  • Power Nickel Inc. is pleased to announce that the shareholders of Power Nickel have approved the previously announced plan of arrangement pursuant to which the Company's interest in the Golden Ivan property, along with certain Chilean exploration assets and liabilities, will be spun out to Power Nickel shareholders through the Shareholders receiving common shares in Chilean Metals Inc., a wholly owned subsidiary of the Company . At the Company's annual general and special meeting held on November 22, 2024, the special resolution approving the Arrangement was approved by 96.81% of the votes cast by Shareholders. All of the other matters considered at the meeting, including the stock option plan for Spinco, were also approved in accordance with management's recommendations. In ...
    05.12.2024
    von CNW
  • Urano Energy announced today that it has completed the acquisition of fifteen uranium properties as previously announced . The properties, with a total of 345 claims covering 8,200 acres, or 33 square kilometers, are situated within the Colorado Plateau geological region within the states of Utah and Colorado. Fourteen of these properties have a history of production, with over two dozen former mine portals and shafts among them. All properties have known mineralization that are located in three major mining districts, the Uravan Mineral Belt, La Sal and Lisbon Valley Districts. The acquisition of the Properties adds significantly to the Company's growing uranium portfolio. Prior to the acquisition, the Company held three propert...
    05.12.2024
    von CNW
  • The U.S.-China trade conflict has reached a new level of intensity, with Beijing banning exports of critical minerals like gallium, germanium, and antimony to the United States. These materials, essential for advanced technologies and military applications, are now being leveraged as geopolitical tools in an escalating economic confrontation.
    Antimony in particular has drawn significant attention. This often-overlooked mineral plays a critical role in the defense sector, powering ammunition, infrared missile systems, and advanced batteries. Historically, antimony proved vital in World War II, hardening lead for bullets and enabling the production of tungsten steel. Today, it remains indispensable for national security and technological innovation.
    The stakes are high: China controls nearly...
    05.12.2024
  • CNX Resources Corp. announced today it has entered into a definitive agreement to acquire the natural gas upstream and associated midstream business of Apex Energy II, LLC , a portfolio company of funds managed by Carnelian Energy Capital Management, L.P. , in the Appalachian Basin for total cash consideration of approximately $505 million, subject to certain adjustments including an effective date of October 1, 2024. Completion of the transaction, which is subject to the satisfaction of customary closing conditions, is expected to occur in the first quarter of 2025. CNX president and CEO Nick Deiuliis stated, "This transaction represents a rare opportunity to acquire a highly complementary asset adjacent to our existing operations. It underscores our confidence in the stacked...
    05.12.2024


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