McLaren Resources Inc. provides an update on the Augdome gold property which was optioned by Goldcorp Canada Ltd. for inclusion in the Dome Mine open pit expansion project. The four year option agreement to purchase the Augdome property for $500,000 was announced on May 14, 2020 by McLaren. The effective date of the agreement is August 26, 2020 and Newmont holds the option on the Augdome property through its ownership of Goldcorp. The option expiry date is August 25, 2024. Newmont announced on February 22, 2024 that they are planning to divest the Porcupine Mine operations in Timmins, in addition to other mining operations in Canada and the USA. McLaren has a 100% controlling interest in 22 patented mineral claims situated on the eastern side of the Dome Mine open pit. The re...

Altius Minerals Corp. reports that all resolutions presented at its May 17, 2024 Annual General Meeting were approved by shareholders, including the election of directors Nicole Adshead-Bell, Teresa Conway, John Baker, Brian Dalton, Anna El Erian, André Gaumond, Roger Lace, Fred Mifflin, and Jamie Strauss, all with votes in favour at 93% or higher. The voting participation rate was 69.6% and Altius thanks its shareholders and their intermediaries for another year of solid voter participation. Detailed results of the election of directors and meeting resolutions are as follows: ANNUAL GENERAL MEETING MAY 17, 2024 - Appointment of Deloitte LLP, St. John's, NL as Auditors of the Corporation for the ensuing year and authorizing the Directors to fix their remuneration 32,455,891 13...

Hanstone Gold Corp. is pleased to announce that it has closed its acquisition of three mineral exploration claims comprising approximately 355.37 hectares in the Province of British Columbia pursuant to an asset purchase agreement dated as of May 6, 2024 with Richard Mill . As consideration for the Purchased Claims the Company issued 650,000 common shares of the Company to Mill at a deemed price of $0.05 per Share, representing an aggregate value of $32,500. The Shares were issued in accordance with applicable securities laws and are subject to a four month hold period that will expire on September 17, 2024. In addition, the Company granted to Mill a royalty equal to 2% of the net smelter returns on the Purchased Claims , provided that the Company may purchase 1/2 of the NSR ...

Hemlo Explorers Inc. is pleased to announce that it has received final approval from the Canadian Securities Exchange to list the Company's common shares on the CSE . In connection therewith, the Company has prepared a listing statement dated May 17, 2024, available on SEDAR+ under the Company's issuer profile on www.sedarplus.com. Additionally, the Company has applied to voluntarily delist the Common Shares from the TSX Venture Exchange , prior to completion of the Listing. The Common Shares are expected to be delisted from the TSXV at the close of market on or about May 22, 2024. Upon completion of the delisting on the TSXV, the Company will list 50,724,920 Common Shares on the CSE. Such Common Shares are expected to begin trading at market open on or about May 23, 2024 und...

ExGen Resources Inc. is pleased to provide an update in respect of Phoenix Copper Ltd.'s exploration and development activities at the Empire Mine Project in Custer County, Idaho, USA, further to Phoenix's news release of May 15, 2024. ExGen owns 20% and Phoenix owns 80% of Konnex Resources, Inc. , which holds the leases and claims to the Empire Mine Project, which includes all of the Navarre Creek claim block. ExGen further owns 1,330,000 common shares of Phoenix. Jason Riley, CEO of ExGen commented: "This is a transformational milestone for the Empire Project and we congratulate the entire Phoenix team for their diligence and perseverance in this monumental effort. We look forward to the coming PFS and progressing towards construction and potential cash flow visibility." Em...

Atco Mining Inc. ; ; is pleased to announce that it has closed its non-brokered private placement and has issued 4,114,870 flow-through units at a price of $0.0575 per FT Unit for gross proceeds of $236,605. Each FT Unit consists of one common share of the Company and one transferable common share purchase warrant entitling the holder thereof to purchase one additional share at a price of $0.15 until May 17, 2026. The proceeds raised from the Offering will be used to incur Canadian exploration expenses as defined in Subsection 66.1 of the Income Tax Act . All securities issued in the Offering are subject to a statutory four-month-and-one-day hold period expiring on September 18, 2024. In connection with closing of the Offering, the Company paid finders' fees of $19,580 and is...

Tower Resources Ltd. announces it has closed its non-brokered private placement, for aggregate gross proceeds of $300,000 . Under the Offering, the Company issued 3,000,000 units at a price of $0.10 per Unit for gross proceeds of $300,000. Each Unit is comprised of one common share in the capital of the Company and one non-transferable Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at a price of $0.18 until May 17, 2026. The Company intends to use the net proceeds from the Offering for general working capital. All securities issued under the Offering, including securities issuable on exercise thereof, are subject to a hold period expiring September 18, 2024, in accordance with the rules and policies of the TSX Venture Exchange an...

Lithium Ionic Corp. reports that it has filed the independent NI 43-101 compliant technical report for its Salinas Lithium Project in Minas Gerais State, Brazil, related to an initial Mineral Resource Estimate for the Project announced on April 4, 2024. The Technical Report, titled "Independent Technical Report on Mineral Resources Estimate for the Baixa Grande - Salinas Lithium Project" was prepared by GE21 Consultoria Mineral Ltda. in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and has an effective date of January 4, 2024. The technical report details the MRE comprising Measured and Indicated resources of 5.86 million tonnes at 1.09% Li2O, and Inferred resources of 8.90Mt at 0.97% Li2O, which significantly increased its global min...

VANCOUVER, BC - Stellar AfricaGold Inc. announces that to facilitate future financing efforts following positive update from its earn-in partner in Morocco and the receipt of the official decree from the Côte d'Ivoire Authority for Stellar's new exploration permit, Stellar will consolidate its capital structure. Capital Consolidation Stellar will be consolidating all of the issued and outstanding common shares of the Company on the basis of one post-consolidation Common Share for each ten pre-consolidation Common Shares . The effective date and trading of the Common Shares on a post-Consolidation basis on TSX Venture Exchange will be Friday, May 24, 2023. The Company's name and trading symbol will remain unchanged. New CUSIP for common shares: 85855B201 New ISIN for com...

Terra Balcanica Resources Corp. is pleased to announce the intent to complete a non-brokered private placement for gross proceeds of up to C$600,000 through the issuance of up to 6,000,000 units at a purchase price of C$0.10 per Unit. Each Unit will be comprised of one common share in the capital of the Company and a Common Share purchase warrant to purchase an additional one common share of the Company at an exercise price of C$0.15 per Warrant Share for a period of 36 months from the closing date of the Private Placement . The Units will be offered by way of prospectus exemptions in Canada, in the United States pursuant to available exemptions from the registration requirements and in certain jurisdictions outside of Canada and the United States, as determined by the Compan...

Founders Metals Inc. is pleased to announce that the Company intends to undertake a non-brokered private placement financing pursuant to the Listed Issuer Financing Exemption of National Instrument 45-106 - Prospectus Exemptions to raise gross proceeds of up to $10,000,000 from the sale of up to 6,250,000 common shares of the Company at a price of $1.60 per Share. The Company intends to use the net proceeds of the Offering for ongoing exploration activities on the Antino Gold Project, working capital and general corporate expenses. Subject to compliance with applicable regulatory requirements, the Offering is being made to purchasers resident in Canada, except Quebec, and certain jurisdictions outside of Canada in accordance with applicable securities laws and pursuant to the...

Toronto, Ontario-- - Red Metal Resources Ltd. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every three pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 18,288,875 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on May 22, 2024. Dealers are reminded to re-enter their orders taking into account the share consolidation. _________________________________ Red Metal Resources Ltd. a annoncé une consolidation de ses actions ordinaires émises et en circulation sur la base d'une action ordinaire post-consolidée pour trois actions ordinaires pré-...

Phenom Resources Corp. is please to announce that it has filed a patent application in the USA on a process to uniquely extract vanadium and nickel from petroleum coke fly ash material. Paul Cowley, President & CEO of the Company stated, "Besides having core competence in mineral exploration, many do not realize that Phenom also has a technological core competency. Our capable technical team of brilliant metallurgists has been working on various metallurgical breakthroughs focused specifically on vanadium recoveries on various feed material. The patent application filed this week is the third such patent our team has developed for the benefit of the Company for new business opportunities." Vanadium and nickel are often found in small concentrations in natural oil products. Du...