Denison Mines Corp. is pleased to announce that the hydrogeologic model developed by Petrotek Corporation , for the high-grade Phoenix uranium deposit , produced demonstration of "proof of concept" for the application of the In-Situ Recovery mining method at Phoenix, with respect to potential operational extraction and injection rates. The hydrogeologic model was developed based on the data collected from the ISR field test completed in 2019 . Based on the positive results from the hydrogeologic model, Denison is also pleased to announce the details of its plans for the continuation of ISR field testing in 2020, within Phoenix, at the Company's 90% owned Wheeler River Uranium Project , located in northern Saskatchewan, Canada. View PDF version. David Bronkhorst, Denison's Vice ...

Volcanic Gold Mines Inc. is pleased to announce a proposed non-brokered private placement of a minimum of 12,000,000 units of Volcanic at a price of $0.25 per unit for proceeds of a minimum of $3,000,000. Each Unit will consist of one common share and one-half of one Common Share purchase warrant . Each whole Warrant will entitle the holder to purchase one Common Share at a price of $0.30 for a term of 24 months following the closing of the Private Placement. Volcanic may pay a finder's fee on all or a portion of the Private Placement. The proceeds of the Private Placement are intended to be used for working capital purposes and to fund exploration efforts on Volcanic's optioned properties in Guatemala. The Private Placement is subject to approval by the TSX Venture Exchange....

Golden Opportunity Resources Corp. is pleased to announce that effective June 8, 2020, the Company will change its name from "Golden Opportunity Resources Corp." to "Silver Sands Resources Corp.", to reflect the nature of its advanced-stage Virginia silver project in the prolific Santa Cruz province, Argentina, with a new trading symbol of "SAND". The new CUSIP for the Company's shares will be 828122101 and the new ISIN number will be CA8281221017. About Silver Sands Resources Corp. The Company signed a definitive agreement with Mirasol Resources to acquire 100% interest in their 73,411-hectare Virginia Silver Project on May 21, 2020. There is an indicated mineral resource of 11.9 million ounces of silver at 310 grams per tonne silver and an inferred resource of...

Trading Symbol: ELR ; EPS Eastern Platinum Ltd. is pleased to report that it has filed its Q1 2020 condensed interim consolidated financial statements and management's discussion and analysis for the three month period ended March 31, 2020. Below is a summary of the Company's financial results for Q1 2020 : Revenue increased to $14.2 million for Q1 2020 – 163% increase; Operating loss decreased to $1.2 million for Q1 2020 ; Net loss to equity shareholders of $8.2 million during Q1 2020 compared with $0.8 million in Q1 2019 – the increase resulting from a $8.7 million change in foreign exchange losses due to a significant devaluation in the South African Rand to the US$ as a result of COVID-19; Strong financial position with cash of $8.3 million and net working capi...

Term Sheet with thyssenkrupp Materials Trading Sales for 50% of Planned Kwinana Production EcoGraf Ltd. is pleased to announce it has executed a non - binding agreement with thyssenkrupp Materials Trading GmbH, a subsidiary of major German technology group thyssenkrupp AG, for a long-term commercial agreement for the sale of Company's battery graphite products from its planned Kwinana Facility located in Western Australia. The agreement is for the sale of purified spherical graphite battery anode material and by-product . Key Terms: - Phased sales volumes: - Year 1: 2,310 tonnes of SpG and 2,310 tonnes of fines. - Year 2: 3,600 tonnes of SpG and 3,600 tonnes of fines. - Year 3 onwards: 10,020 tonnes of SpG and 10,020 tonnes of fines. - Term of 10 years from the commencement o...

Manganese X Energy Corp. Montréal, Québec, Canada announces that Disruptive Battery Corp , a wholly owned subsidiary of Manganese X, is pleased to report upgrades to its patented "Disinfection Apparatus" system, which is designed to circulate air disinfection agents via a building's HVAC distribution system. The Smart Sensor Actuator upgrade being worked on enhances the distribution of ADA's, essentially neutralizing airborne and surface pathogen levels throughout any commercial building 24/7. The Disinfection Apparatus system can be retrofitted and integrated to the building's smart system. DBC is currently in discussions with potential partners to match the Disinfection Apparatus with a validated, green, safe disinfectant formulation. Indoor air quality is a mainstream conc...

ZUG, Katanga Mining Ltd. is pleased to announce the successful completion of its previously announced amalgamation with 836074 Yukon Inc. The Amalgamation was approved by 99.9% of the votes cast by shareholders of the Company at the Company's special meeting of Shareholders held on June 2, 2020, and the Amalgamation was completed pursuant to Section 183 and Section 184 of the Business Corporations Act , on the terms and subject to the conditions set out in an amalgamation agreement dated June 3, 2020. Pursuant to the Amalgamation, Shareholders other than Glencore International AG are entitled to receive C$0.16 in cash for each pre-Amalgamation common share of the Company , for aggregate consideration of C$52,722,015.68. As a result of the Amalgamation, the Company is now wholl...

Gaia Metals Corp. is pleased to announce that it has entered into an arm's-length, non-binding, letter of intent with DG Resource Management Ltd , whereby the Company may acquire a 100% undivided interest in the Freeman Creek Property . The Property consists of 76 claims covering approximately 599 hectares and is located on BLM lands, outside of US Forest Service Lands and other protective areas, within the state of Idaho, USA. The Freeman Creek Property is located approximately 15 km northwest of Salmon, Idaho, and is accessible via paved highway and a network of gravel roads and trails. The Property hosts two major advanced targets; the Gold Dyke Prospect located to the west, which is an interpreted high-sulphidation epithermal gold system related to a porphyry intrusive, a...

Infinite Ore Corp. announces that, pursuant to an amending agreement with Jourdan Resources Inc. , it has negotiated the 100% sale of the Preissac-Lacorne lithium project to Jourdan. In consideration for the increased percentage in the Portfolio, the parties agreed to adjust the consideration payable by Jourdan to Infinite to by the issuance to Infinite of an additional 8,100,000 common shares of the Corporation . The Consideration Shares issuable in connection with the Option will be subject to the approval of the TSX Venture Exchange and will be subject to a statutory four month and one day hold period. About Infinite Ore Corp. Infinite Ore Corp. is a junior mining exploration company focused on seeking and acquiring world-class mineral projects ...

Macarthur Minerals Ltd. Joint Venture Partner, Fe Ltd. has announced the completion of the sale of its Evanston royalty interest over a portion of the wider Koolyanobbing iron ore mine in the Southern Yilgarn region of Western Australia. TRR Services Australia Pty Ltd, a wholly owned subsidiary of Trident Resources PLC , has purchased the royalty for $7 million. FEL has received the first payment of $3.5 million with a further instalment of $3m payable in 12 months. FEL now has cash in the bank of $5.2 million and fully funded to commence exploration work at the Hillside Copper and Gold Project in the Pilbara region of Western Australia. FEL is currently finalising plans to conduct a Fixed Loop Electromagnetic Survey ground survey at the Hillside project. The su...

Freeman Gold Corp. is pleased to announce the appointment of Dean Besserer as Vice President, Exploration, effective June 3, 2020. Mr. Besserer has more than two decades of mineral exploration experience working in over 50 countries, including across much of North America, often leading projects with annual exploration budgets exceeding $20 million U.S. Mr. Besserer was previously the Vice President and partner at APEX Geoscience Ltd., a consulting firm with offices in Canada, South America and Australia, where clients included BHP Billiton, Debeers, North Country Gold, Kaminak Gold etc. As well, Mr. Besserer was a director of Brilliant Mining, Niblack Resources, Graphite One and the Vice President of Exploration for various Junior Mining Companies. Mr. Besserer is a Qualifie...

WA-focused gold exploration and development company Classic Minerals Ltd. is pleased to announce that it has recommenced RC drilling at its 100% owned Kat Gap Gold Project covering exploration licences E74/422 and E74/467. Highlights: - Up to 3000m of RC drilling in two separate programs underway at Kat Gap after highly successful campaigns in January and February 2020; - Hole depths ranging from 30m to 100m; - Assay results expected late-June; - Infill RC Drilling program consisting of 21 holes for 1,400m designed to increase resource modelling confidence over a strike length of 100m north of the cross cutting Proterozoic dyke; - Results from infill RC drilling will aid in potential pit design while Mining Lease approval is awaited; - Extensional RC Drilling comprising 20 ho...

Jourdan Resources Inc. is pleased to announce that, pursuant to an amending agreement entered into with Infinite Ore Corp. in connection with an option agreement, it has increased its percentage interest of an option it holds in Infinite’s 145 claim Preissac-Lacorne lithium portfolio from 75% to 100%. For more information about the Infinite Option, please see the Company’s press releases dated May 9, 2017 and May 16, 2017, which are available under the Company’s SEDAR profile at www.sedar.com. In consideration for the increased percentage in the Portfolio, the parties agreed to adjust the consideration payable by the Corporation to exercise the Infinite Option to: the $50,000 already paid to Infinite, as announced on May 16, 2017, the 600,000 common shares o...