Showcase Minerals Inc. is pleased to announce that it has completed mobilization of the drill rig and has commenced drilling at its Dixie Flats-North Star Gold Project located in Elko, Nevada. The drill program is designed to expand the zone of known mineralization near previous high-grade intercepts and along strike of identified structures. Reverse circulation drilling will comprise an initial two drill holes of 457 meters as part of a larger program of up to 12 drill holes that total approximately 3,650 meters based on results. The drill program is being conducted by Envirotech Drilling of Winnemucca, Nevada, under the supervision of Rangefront Mining Services, the project operator. About the Dixie Flats- North Star Gold Project: The Dixie Flats-North Star Property is loca...

Lion One Metals Ltd. is pleased to report significant new high-grade gold results from ongoing infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji and provides an update to mining operations at Tuvatu. Assay results are presented here for infill and grade control drilling completed in the Zone 2 area of Tuvatu and include multiple bonanza grade gold results such as 448.98 g/t, 202.34 g/t, 108.5 g/t, 92.89 g/t, and 82.35 g/t. These drill intercepts are all located in the near surface portion of Tuvatu and are scheduled for mining in the short term. The results included in this news release are from drill holes that targeted the URW1 and Murau lode systems proximal to underground development. Previous results from Zone 2 drilling are availab...

PPX Mining Corp. is pleased to announce that during the current month, the Company focused its exploration efforts in three additional diamond drillholes from underground at Callanquitas East and West breccia zones. Holes CA-24-09 and CA-24-10 were drilled horizontally at elevation 3290 m towards the Callanquitas West. CA-24-10 delivered up to 18.93 g/t Au; with an intercept of 10.46 g/t Au and 34.7 g/t Ag over 0.9 meters. Hole CA-24-09 intersected 3.33 g/t Au and 11.5 g/t Ag over 0.45m. Drillhole CA-24-08 was placed steeply with azimuth below CA-24-07 , intercepting the Callanquitas East breccia zone with a grade of 2.27 g/t Au and 169.7 g/t Ag over 1.30 meters width. The hole was stopped close to the sulfide zone intercepted in CA-24-07. Table N°1 below shows the sections o...

Element79 Gold Corp. provides an update on recent social affairs development and ongoing initiatives with the Chachas community at its Lucero project. Fostering Collaboration with Artisanal Miners As part of Element79's ongoing efforts and community engagement, the Company's community relations team recently organized a coordination meeting with artisanal miners from Lomas Doradas during the month of April. The meeting aimed to foster collaborative relationships between the groups, seeking mutual support as the Company endeavours to use surface land to conduct exploration work. Moreover, the Company also sought exclusive agreements with artisanal miners, ensuring a unified approach to mineral extraction and resulting sale of ore. With Element79's dedication to fostering produ...

U.S. Gold Corp. is pleased to announce that it has closed the previously announced purchase and sale of an aggregate of 1,400,000 shares of our common stock at $3.50 per share in a registered direct offering and, in a concurrent private placement transaction, unregistered warrants to purchase 1,400,000 shares of our common stock at an exercise price of $4.48 per share. The aggregate gross proceeds from the Transactions totaled approximately $4.9 million and closed on April 24, 2024. After the close of the Transactions, the Company's common shares outstanding is 10,732,277. The Company did not retain a placement agent in connection with the Transactions. U.S. Gold intends to use the net proceeds from the Transacti...

Ashley Gold has compiled historical drilling information at the Sahara Uranium-Vanadium historical reserve as part of it's due diligence process. Results are exceeding expectations with over one-third of the historical drilling intersecting mineralization. The advanced and accessible Sahara property is located in east-central Utah, 180 miles southeast of Salt Lake City just off of interstate I-70. Darcy Christian, CEO of Ashley comments "It is amazing to see the amount of capital and effort that has gone into the delineation of the Sahara Historical reserve. The amount of drilling completed on property would cost at least $15-20 million if done today. Historical drilling has identified a large body of sandstone hosted Uranium-Vanadium with the 1979 decline terminating a...

Getchell Gold Corp. is pleased to announce the final tranche of its debenture financing . In this third tranche of the Debenture Financing, the Company has subscriptions for $1,441,900 principal amount of non-convertible debentures, for total aggregate funds of $4,363,318 across all tranches of the Debenture Financing. In connection with this closing, the Company will issue 14,419,000 warrants . Each Debenture Warrant will entitle the holder to purchase a common share of the Company at $0.10 per share for three years. 50% of the Debenture Warrants will vest on closing and the remaining 50% will vest and be exercisable 14 months following closing if the Debenture has not been repaid prior to that vesting date. In connection with the third tranche of the Debenture Financing, th...

Minaurum Gold Inc. is pleased to report the discovery of Zinc-rich carbonate-replacement /skarn mineralization associated with the Promontorio and Promontorio Sur epithermal silver-zinc-lead-copper-gold veins at its 100%-owned, fully production-permitted Alamos Silver Project in the State of Sonora, Mexico. Relogging of existing drill core with a focus on Strategic Metals outlined a continuous 2.4 km-long zone of Zinc-rich CRD-style mineralization and skarn alteration developed in recrystallized limestone beneath high-grade silver veins in the Promontorio and Promontorio Sur zones. The CRD mineralization was never targeted but was cut coincidentally at the bottom of several holes. Drill holes with the strongest CRD mineralization include: Hole AL19-020: 3.21% Zn and 1.05% Pb ...

Trojan Gold Inc. is pleased to announce that it has become party to an option agreement dated April 11, 2024 with arms-length third parties pursuant to which Trojan has an option to acquire a 50% interest in the Paulpic-Wascanna gold property. The property lies within the Beardmore-Geraldton-Tashota greenstone belt, approximately 80 km northwest of the town of Geraldton and 240 km northeast of the City of Thunder Bay in Northwestern Ontario. The property, which comprises four mining leases and twenty-five mining claims, covers two significant gold deposits as well as several under-explored gold occurrences. The Option Agreement was originally entered into between the Optionors and Advandtel Minerals Ltd. in July 2018 and assigned by AMCL to Tashota Resources Inc. on November ...

Tower Resources Ltd. is pleased to report that it has recognized a key structural link between the widely spaced Lightning, Thunder and other orogenic Au zones intersected on its Rabbit North property in the heart of the Kamloops mining district , enabling the Company to develop a systematic drilling program for the property through 2024. Orogenic Gold Model Tower's first discovery of gold mineralization of the shear-hosted, Cu-free orogenic type at Rabbit North, the Lightning Zone, and historical Au occurrences of the same type that that were inadvertently intersected in a few of the many historical holes that were drilled on the Durand Stock in search of porphyry Cu-Au mineralization, are roughly coincident with an ENE trending fault that is recognizable magnetically. The m...

Beyond Lithium Inc. is pleased to announce that the Company and its exploration team have been awarded the prestigious 2023 Bernie Schnieders Discovery of the Year Award for the spodumene discovery at its Victory Project in Ontario, Canada. The award, presented by the Northwestern Ontario Prospectors Association , annually recognizes an exceptional discovery in Northwestern Ontario during the previous calendar year. It was presented on April 24 to Beyond Lithium and its exploration team at the annual awards banquet hosted during the 2024 Ontario Prospectors Exploration Showcase in Thunder Bay, Ontario. Past recipients of this prestigious award include Great Bear Resources Inc., Frontier Lithium Inc. and Delta Resources Ltd. The discovery was made in...

Imperial Metals Corp. reports quarterly copper and gold production from Mount Polley and Red Chris mines. Imperial's production was 12.353 million pounds copper and 12,861 ounces gold, with 7.355 million pounds copper and 10,009 ounces gold coming from Mount Polley and 4.998 million pounds copper and 2,852 ounces gold from its 30% share of Red Chris mine production. Mount Polley metal production for the first quarter of 2024 was 7.355 million pounds copper and 10,009 ounces gold, compared to 6.678 million pounds copper and 9,980 ounces gold produced during the first quarter of 2023. Mount Polley Mine Production Three Months Ended March 31 2024 2023 Ore milled - tonnes 1,671,505 1,389,636 Ore milled per calendar day - tonnes 18,368 15,440 Grade % - copper 0.251 0.269 Grade g/t...

Panther Minerals is pleased to announce that it has significantly enlarged the footprint of the Boulder Creek uranium property and in respect of which it has an option to acquire a 100% ownership interest, by staking 140 State of Alaska mining claims. Each claim is 160 acres in size, bringing the total footprint of the Property to 22,400 acres or 9,065 ha. The Property now extends in a North Northwest - South Southeast for approximately 30 kms and varies in width from 3 to 7 kms. The recent staking campaign was designed to duplicate the area that was held, and the subject of exploration work by, Triex Mineral Corp. . In July 2006, Triex flew a total of 1,155 line-km of airborne radiometric surveying over the area covered by the newly-st...