Western Metallica Resources Corp. is pleased to announce initial results from its ongoing sampling program at the Company's 2,747-hectare, Turmalina Project, a high-grade copper-molybdenum past producing mine hosted in tourmaline breccia pipes. The recent rock chip sampling confirmed the historic results, as well as fit within the historical grade sections of the main breccia pipe in Figure 3, at both level 0 and level 5 that, are the only levels partially accessible currently . The only sample collected from a face at level 0 returned Cu value of 0.1%, Mo >1%, with 1g/t Au and 37g/t Ag. More consistently 6 samples have been collected along level 5 that returned an average Cu value of 2.9% and average Mo values of 0.19% with one sample above 1% Mo. Greg Duras, President an...

South Pacific Metals Corp. is pleased to announce the appointment of Michael Murphy as Chief Executive Officer, and Cathy Fitzgerald as President and Chief Geologist of the Company, effective immediately. Both Mr. Murphy and Ms. Fitzgerald are accomplished executives with extensive experience in designing and executing strategic initiatives and creating value for shareholders. Mr. Murphy has an established track record of transformational leadership within the metals and mining sector. He is the founder of TSX-listed gold producer Torex Gold Resources Inc., prior to which he spent more than 15 years in the financial services sector in London, UK, with Merrill Lynch, DLJ, and Credit Suisse. Ms. Fitzgerald is a proficient executive and professional geologist with more than 20 y...

Westwater Resources Inc. , an energy technology and battery-grade natural graphite company , today acknowledged its support of the recent actions taken by the United States Trade Representative and the White House, related to electric vehicle and critical mineral tariffs. On May 14, 2024, the White House announced the results of its four-year review of Section 301 tariffs on Chinese products. Notably, the announcement includes an increase from 25% to 100% on imported Chinese EVs in 2024, and a 25% tariff on natural graphite imports from China beginning in 2026. "As Westwater is 100% focused on producing battery-grade natural graphite anode material in the United States for use in non-Chinese EVs, we support actions that continue to aid in establishing a domestic supply chain,"...

Revenue of $51.7 million, Net Income attributable to Hut 8 Corp. of $250.9 million, and Adjusted EBITDA of $297.0 million 9,102 self-mined Bitcoin on balance sheet as of March 31, 2024 MIAMI, May 15, 2024 -- Hut 8 Corp. , a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, today announced its financial results for the three months ended March 31, 2024. "In the first quarter, we launched a comprehensive restructuring program designed to center the business on operating excellence and bottom-line economics," said Asher Genoot, CEO of Hut 8. "We shut down our underperforming Drumheller site, retired inefficient miners, initiated the relocation of our fleet from hosted to owned facilities, and began the implementatio...

Blackrock Silver Corp. announces that its wholly-owned Nevada subsidiary, Blackrock Gold Corp. has terminated the exploration and option to enter a joint venture agreement dated January 9, 2023 among Blackrock Gold, Tearlach Resources Ltd. and Tearlach's wholly owned Nevada subsidiary, Pan Am Lithium Corp. . Pursuant to the Option Agreement, Tearlach was granted the option to acquire, in two stages, up to a 70% interest in the lithium minerals in certain unpatented mining claims forming a portion of the Company's Tonopah North project in Esmeralda County and Nye County, Nevada, upon incurring cumulative exploration expenditures of US$15,000,000 and the completion of a Feasibility study within 5 years. Tearlach failed to make a US$100,000 cash payment due April 3...

Key Highlights Scorpio Gold has engaged Daniel Kunz & Associates to oversee the technical aspects of its 2024 Manhattan District exploration program, including an upcoming drill program. Daniel Kunz brings extensive international mining experience, previously contributing to major projects and financial growth as CEO of Ivanhoe Mines and Prime Mining. Scorpio aims to develop a 43-101 compliant resource by the end of the year on its Manhattan District Properties, leveraging over 1200 historic drillholes, as well as results from the 2024 program. Scorpio Gold Corp. is pleased to announce the engagement of Daniel Kunz & Associates LLC as technical consultants to lead the Company's exploration program at its Manhattan District Properties. DKA will be playing an integral role in t...

Kodiak Copper Corp. announces that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. The agreement between the Company and ICP is for an Initial Term of three months and shall be automatically renewed for subsequent one month terms unless either party provides at least thirty days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensati...

KO Gold Inc. is pleased to announce that New Zealand Petroleum & Minerals has granted the Company its Exploration Permit over the historic Carrick Goldfield in the Otago Gold District in New Zealand . The Carrick EP has been granted for a 5-year term commencing on May 9, 2024, and is approximately 105 km2 in size . The Company has also commenced exploration activities on its Carrick Range Prospecting Permit located immediately south of the Carrick EP and both permits comprise the "Carrick Gold Project". In addition, regional exploration and drilling programs are planned for the Company's other permits in the Otago Gold District. Highlights Carrick EP granted for a 5-year term over the historic Carrick Goldfield with immediate plans to drill several holes targeting high-angle ...

Foran Mining Corp. today proudly announces the release of its inaugural Sustainability Report , marking a significant milestone in the Company's commitment to environmental stewardship and responsible business practices. Dan Myerson, Executive Chairman & CEO, commented: "As we navigate the growing demand for low-carbon energy solutions, with copper serving as the essential link supporting artificial intelligence, infrastructure, and green energy, our commitment to becoming a net-zero carbon producer of critical minerals has never been stronger. We've achieved a major milestone with the publication of our inaugural Sustainability Report, which not only reflects our dedication to health, safety, and environmental stewardship, but also underscores our deepening engagement with l...

i-80 Gold Corp. is pleased to announce the results of its 2024 annual and special meeting of shareholders held on May 14, 2024. At the Meeting, shareholders approved the setting of the number of directors of the Company at nine and all director nominees listed in the Company's management information circular dated April 11, 2024 were elected as directors of the Company on a vote held by ballot. The results of the ballot were as follows: Director Vote Type Number of Votes Percentage of Votes Ron Clayton For 80,512,833 94.167 % Withheld 4,987,354 5.833 % John Begeman For 70,585,543 82.556 % Withheld 14,914,644 17.444 % Ewan Downie For 80,379,208 94.011 % Withheld 5,120,979 5.989 % John Seaman For 82,685,039 96.707 % Withheld 2,815,148 3.293 % Eva Bellissimo For 81,703,281 95.55...

Cerrado Gold Inc. is providing an update on the status of the cease trade order imposed on May 7, 2024, the Ontario Securities Commission , under National Policy 11-207, following the Company's failure to file its audited annual financial statements for the year ended December 31, 2023, its management's discussion and analysis of financial statements for the year ended December 31, 2023, its annual information form for the year ended December 31, 2023, and related filings . Under National Instrument 51-102, the Required Annual Filings were required to be made by April 29, 2024. Management of the Company continues to work diligently with its auditors to complete the Required Annual Filings, at which time it expects the CTO to be lifted within two days following filing. The Com...

Neotech Metals Corp. , a rare-earth mineral exploration company, is pleased to announce the start of its summer field program on its 100% wholly-owned Foothills project in British Columbia, Canada. Ground-based geophysics, rock and stream sediment sampling, geochemical soil, and biogeochemical sampling focusing on the anomalous British Columbia Geological Survey stream-sediment samples will be used to aid in targeting any potential discoveries. Using this methodology has led to significant discoveries in the past . Teamed up with Anomalous Exploration Ltd, Neotech employees, and contractors will focus on samples to be taken on a regional scale and sent into labs for assay to prepare for a mapping and prospecting program planned for later this year. The ongoing BCGS survey, al...

Apex Critical Metals Corp. , is pleased to announce it has appointed Joness Lang as an independent director. Mr. Lang is an experienced executive leader with 15 years of corporate growth strategy and capital markets experience within the natural resource sector. Mr. Lang is the CEO of Canter Resources Corp., a critical metals exploration company focused on lithium and boron in the western USA. He has served as President for American Pacific Mining Corp., and prior to that the Executive Vice President of Maple Gold Mines Ltd. Mr. Lang brings significant transaction experience to the Apex board, with a track record of leading project acquisitions and securing major mining companies as strategic partners. His career began with corporate development work for a multi...