The Directors of Nova Minerals Ltd. are pleased to provide an update on the current efforts of advancing the resource development programs at the company's district scale Estelle Gold Project. With the timely delivery of the first diamond drill rig to the project, the company is pleased to announce drilling program has now commenced. Additional rigs will be mobilized to the project as the company continues to ramp up the drilling program significantly over the course of the year. Tier One drilling contractor Ruen Drilling Inc. has now embarked on the 2020 Resource Development Drilling and Exploration Campaign at the Estelle Gold Project. The diamond drill campaign is designed to add mineral resources at Blocks A and B. The IP chargeability modelled to 300m shows mineralizatio...

Cann Global Ltd. is pleased to advise that the Company has agreed to place 34 million new fully paid ordinary shares to institutional and sophisticated investors led by New York-based Sea Otter Global . Placement proceeds of $418,880 will be applied towards furtherance of CGB's projects and working capital. An ASX Appendix 3B has been lodged together with this announcement. Commenting on the placement, CGB's Managing Director Sholom Feldman said: "We are delighted to welcome Sea Otter to the Company's register and consider this investment to be a further institutional endorsement of CGB's strategy and prospects" About Cann Global Limited: Cann Global Ltd.'s primary focus is to legally grow and cultivate hemp to research and develop medicinal cannabis products to...

Rio Tinto has approved a $98 million investment in a new solar plant at the Koodaideri mine in the Pilbara, Australia, as well as a lithium-ion battery energy storage system to help power its entire Pilbara power network. The 34 megawatt solar photovoltaic plant is expected to supply all of Koodaideri’s electricity demand during peak solar power generation times and approximately 65 per cent of the mine’s average electricity demand. The plant, Rio Tinto’s first company-owned solar facility, will consist of an estimated 100,000 panels, covering an area of 105 hectares. Construction is expected to begin later this year, subject to government approvals, and is due to be completed in 2021. Complementing it will be a new 12MWh battery energy storage system in Tom Price that wi...

Resolution Minerals Ltd. is pleased to announce that it has selected Ruen Drilling via our project partner Millrock Resources , to commence drilling in early March on the compelling Aurora targets via a road based program. The maiden program will test the eastern Aurora Targets close to the claim boundary with Northern Star - Figure 1*. These drill targets have significant geophysical characteristics in both the magnetic and CSAMT signatures to NST's Goodpaster Discovery and the Pogo Gold Mine itself. Operations Update - Drilling is planned to commence in early March and continue for one month - Ruen Drilling will drill the initial 2,000 metre, 4-5 hole, drilling program on the high priority eastern Aurora Targets along Northern Star's Pogo Gold Mine Lease boundary, located i...

Rumble Resources Ltd. is pleased to announce results from RC, diamond core drilling and down-hole geophysical surveys at the Western Queen Project located north-west of Mt Magnet, Western Australia. Western Queen Central Deposit - Gold 300m Down-plunge and Open Rumble completed 3 step out RC/Diamond drill holes 54m, 180m and 300m along strike from the historic high-grade gold intersection WQD-1072 , intersecting gold in all holes demonstrating the gold mineralising system extends at least 300m and is open. o WQRC007D - 6m @ 34.24 g/t Au from 354m - Very strong gold continuity 54m down-plunge from WQD-1072 - DHEM Survey - An off-hole conductor related to the high-grade gold lies below and north of the drill-hole and correlates with a historic high-grade gold intersection o WQR...

Cyprium Metals Ltd. is pleased to advise that metallurgical column test-work has progressed on the samples of the massive and semi-massive sulphides from the known copper mineralisation at the Hollandaire prospect. The performance of the copper leaching from column test-work on the Hollandaire deposit has been outstanding and the results include: - Copper extraction of 91.9% on Column A in only 34 days - Copper extraction of 91.7% on Column B in only 21 days - Columns A and B net acid producing - Scoping study commenced This metallurgical column test-work has been undertaken to determine the viability of our unique copper leaching method, hence the optimal copper extraction method, and has leached copper into solution . Executive Director Barry Cahill commented "We are excepti...

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 3500m of RC drilling underway at Kat Gap after highly successful campaigns in November 2019 and January 2020; - Hole depths ranging from 40m to 170m; - Assay results expected mid-March; - RC Drilling program designed to follow-up deeper down-plunge high-grade mineralisation on the granite-greenstone contact over a 200m strike adjacent to the cross-cutting Proterozoic dyke previously tested by the Company; - RC Drilling also testing 200m along strike south of the cross-cutting Proterozoic dyke plus a further 150m north of current drill co...

Lithium explorer and developer Lake Resources NL has issued 36,521,850 shares at an issue price of $0.04 per share to raise approximately A$1.47 million before costs, in a private placement to sophisticated and professional investors using its existing placement capacity under ASX Listing Rules 7.1 and 7.1A. The Company anticipates a further tranche of 12,500,000 Shares under the Placement will be issued early next week. This will result in a total of 49,021,850 shares being issued under the Placement which will raise a total of $1,960,874 . The Company has also reached an agreement with the Convertible Securities holder, SBI Investments , LLC to extend the date for payment of the Cash Portion from 14 February 2020 to 18 February 2020 to close out the Convertible Securities f...

Over the last 3 years, Aura has been focused on transforming itself into a stronger, more flexible growth company. This has been accomplished through changes to its portfolio, a strengthened balance sheet and the development of talent and management processes. With the completion of the ramp-up of the Aranzazu project last year, the integration of the Rio Novo acquisition and the recent announcement of a binding term sheet for an acquisition in the United States, Aura now operates three mining projects in the Americas and has three gold development projects in the Americas. In order to move forward with Aura’s growth strategy, combined with our focus on developing our management team and excellence in performance, we are very pleased to announce the following key management changes: ...

TORONTO, Feb. 14, 2020 /CNW/ - Talisker Resources Ltd. announces that it has granted in accordance with the Company's stock option plan an aggregate of 1,300,000 options to purchase common shares of the Company. Each option is exercisable at a price of $0.39 per share for a period of five years, expiring February 12, 2025 to recent director and officer appointments and new consultants to the Company. About Talisker Resources Ltd. Talisker Resources Ltd. is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker's projects include the Bralorne Gold Complex, an advanced stage project with significant exploration potential from a historical high-grade producing gold mine as well as its Spences Bridge Project wher...

Highlights: Cyclops Nickel-Cobalt project license fully compliant under updated mining registration process National, provincial and local support received for project Strategic partner / investor discussions have commenced VANCOUVER, British Columbia, Feb. 14, 2020 -- Pacific Rim Cobalt Corp. is pleased to announce it has received approval from the OMBUDSMAN of the Republic of Indonesia for the registration of the Cyclops Nickel-Cobalt Project license in the Directorate General of Minerals and Coal and the Ministry of Energy and Mineral Resources of the Republic of Indonesia. The project license will be transferred into a Foreign Investment License where it will be administered by the central government. The license will then be fully compliant with the regulation of the Min...

Tanzanian Gold Corp.’s Board of Directors is pleased to announce Unclassified Mineral Resources for the 1.2km long Buckreef Shear Zone that amount up to 4,291,000 ounces contained in 242.4 million tons grading at 0.57 g/t Au at a block cutoff grade of 0.1 g/t Au. The Unclassified Mineral Resources are from an unconstrained block model using all the drilling results to date. Results at higher cut-off grades are shown in the table below. As a consequence of the drilling program the Company completed in 2019, the largest drilling campaign in the Company’s history amounting to over 17,650m in 60 holes during which a significant number of exploration targets were identified which require further drilling to upgrade the gold mineralization encountered in these exploratio...

Canstar Resources Inc. is pleased to announce that it has completed a non-brokered private placement of 4,200,000 common shares of the Company at C$0.05 per Common Share for total gross proceeds of C$210,000 . The Company intends to use the net proceeds raised from the Offering for general working capital purposes. The Offering is subject to the final approval of the TSX Venture Exchange. Securities issued pursuant to the Offering shall be subject to a four-month plus one day hold period commencing on the day of the closing of the Offering under applicable Canadian securities laws. The Common Shares are offered by private placement only . No prospectus has or will be filed with any securities regulatory authority to qualify the Common Shares for distribution to the public. Re...