Val-d'Or, Quebec-- - Bonterra Resources Inc. is pleased to provide an update at its 100% owned Desmaraisville project. The Company has now completed the compilation and interpretation of the results from the 2023 15,000 meters drill program and as well the analysis of the two geophysical surveys completed in November and December 2023. Several prospective geological, geophysical and drill targets have been identified and will be subject of field work in the coming weeks. The purpose of the field work is to prioritize drill targets in preparation for a 9,000 m diamond drill program scheduled later this year. Please refer to the press releases dated December 4, 2023, December 14, 2023, February 5, 2024, and February 27, 2024, for exploration updates on the Desmaraisville North ...

Highlights: The Company has received results from drillholes 1274-24-312-313, and 331-332 highlighted by the following intervals: #312 - 1.31% CuEq over 23.55 metres beginning at 114.15 metres depth, including 5.4% CuEq over 2.75 metres. #313 - 2.68% CuEq over 25.5 metres beginning at 189.0 metres depth, including 4.82% CuEq over 13.15 metres. The results from #312 and #313 infilled the mineralization on the eastern side of the B26 Main Deposit close to the limit of the known deposit, improving on the grades identified in historical drilling. Assay results from eastern extensional holes #315 and #320 to #323 are pending where the Company has seen positive visuals. The Company remains well funded with $18.0 million to complete the remaining 16,500 metres planned for the 2024 work program as...

Arizona Metals Corp. is delighted to announce key changes in its leadership team to steer the Company into its next phase of growth. To facilitate the progression of Arizona Metals, Marc Pais and Paul Reid made the decision to initiate an extensive search process for an experienced mine development leadership team. Appointment of New President and CEO: The Company proudly appoints Duncan Middlemiss as President and CEO, effective immediately, succeeding Marc Pais. With a rich background in mine development and corporate leadership, Duncan brings invaluable experience from his tenure at Kirkland Lake Gold, St. Andrew Goldfields, and most recently, as CEO at Wesdome Gold Mines. New Chair of the Board: Jacques Perron will immediately assume the role of Chair of the...

Great Eagle Gold Corp. is pleased to announce the signing of a binding letter of intent with Teras Resources Inc. to acquire 100% of the subsurface mineral rights pertaining to a U.S. Patented Land Claim package, located in Imperial County, California, collectively known as the Cahuilla gold project. Great Eagle has agreed to pay an immediate US $50,000 standstill payment to Teras. Cahuilla is a historic gold deposit well-known within the gold mining industry. It has undergone extensive exploration since the 1980s, involving seven different mining companies including major gold producers such as Homestake, Newmont, Kennecott, and most recently, Teras Resources. Teras alone has invested more than $26 million in the property. Great Eagle CEO and Director, Andrew Fletcher, decla...

Basin Uranium Corp. is pleased to announce it has acquired the Great Divide Basin Uranium Project located in Sweetwater County, Wyoming, USA. The Project, which was acquired through direct staking by the Company, is comprised of 104 unpatented mineral lode claims totaling approximately 1,880 acres located in south-central Wyoming and within the Great Divide Basin . The claims are located contiguous with Premier American Uranium's Cyclone Project which hosts an exploration target ranging from 6.5 million short tons averaging 0.06% U3O8 to 10.5 million short tons averaging 0.06% U3O8 1. Wyoming is home to both the largest uranium reserves and top producing uranium state in US2, with the Great Divide Basin representing the least exploited of Wyoming's basins estimated to contain...

Highlights: Confirmation of lithium and tantalum mineralization with the following results: 115.4 m at 1.40% Li2O and 13 9ppm Ta2O5 within a cumulative width of five separate pegmatite intervals in hole CS-23-05 57.8 m at 1.44% Li2O and 130ppm Ta2O5 within a cumulative width of three separate pegmatite intervals in hole CS-23-06 Q2 Metals Corp. is pleased to announce the results of the re-assaying of the initial core samples from the drill program that was conducted by the property vendors at the Cisco Lithium Property in fall of 2023. The Property vendors drilled six holes, totaling 1,287 metres , at one of the six mineralized zones at the Property. Their drill program confirmed a strike length of approximately 220 m, open along strike in both directions and down-dip. As ann...

Vancouver, BC, May 16, 2024 - - Q2 Metals Corp. is pleased to announce the results of the re-assaying of the initial core samples from the drill program that was conducted by the property vendors at the Cisco Lithium Property in fall of 2023.The Property vendors drilled six holes, totaling 1,287 metres , at one of the six mineralized zones at the Property. Their drill program confirmed a strike length of approximately 220 m, open along strike in both directions and down-dip. As announced on April 30, 2024, Q2 geologists re-logged the drill core and then submitted the previously sampled intervals for analysis using the processed material from the original analytical lab. The samples were sent to SGS Laboratories in Burnaby, BC, where they were analyzed for Lithium and Tantalum using sodium ...

Significant porphyry copper mineralization over a 2.3 km by 650 m area is largely untested by drilling; gold-enriched skarn mineralization remains open along strike and down-dip in multiple horizons 2022 drill results of 1.87% copper and 1.04 g/t gold over 15.27 m from the Copper Castle skarn target and 0.22% copper over 114.38 m from the Hopkins North porphyry target Road-accessible and permitted for a large drill program; the Hopper Project lies 22 km north of the Otter Falls hydroelectric generator and only 320 km from the deep sea port of Haines, Alaska Strategic Metals Ltd. reports that it has terminated the Option Agreement on the Hopper copper-gold project with Alpha Copper Corp. . Upon termination, Strategic regains full ownership of the Project, without any underlying...

Tectonic Metals Inc. today announced the launch of a multi-phase metallurgical column test program to confirm low-cost heap leaching as a viable gold processing and extraction method at the Chicken Mountain bulk-tonnage intrusion target, one of six district-scale intrusion targets within the 99,840 acre, Flat Gold Project in southwestern Alaska. This initiative is part of the Company's ongoing 2024 value creation strategy as metallurgical testing is one of the most critical steps a company can take in successfully transforming an exploration-stage project into a profitable mining opportunity. Tony Reda commented, "Heap leaching is a processing and extraction technology becoming increasingly popular and coveted over recent years due to the potential cost advantages and lower e...

Magna Terra Minerals Inc. is pleased to announce that pursuant to an option agreement with Opus One Gold Corporation regarding the Noyell Project , Magna Terra has received the fifth and final anniversary option payment of $200,000, which completes Opus One's requirements to earn a 100% ownership interest in the Noyell Project per the terms of the option agreement. About Magna Terra Magna Terra Minerals Inc. is a precious metals focused exploration company, headquartered in Toronto, Canada. Magna Terra owns two district-scale, resource stage gold exploration projects in the top-tier mining jurisdictions of New Brunswick and Newfoundland and Labrador. Further, the Company maintains a significant exploration portfolio in the province of Santa Cruz, Argentina which...

Silver X Mining Corp. is pleased to report its financial results for the three months ended March 31, 2024, for the Nueva Recuperada Project in Central Peru. Q1 2024 Financial Highlights Generated revenues of $4.8 million. Cash costs of $15.36 per silver equivalent ounce produced and All-In Sustaining Cost of $21.36 per AgEq ounce produced, reflective of the sustaining capital expenditure invested in the development of the Tangana mining unit . Positive EBITDA of $0.3 million and Positive Adjusted EBITDA of $0.4 million. Operating income of $6,000 and Net loss before tax of $0.9 million. Silver X Mining CEO Jose Garcia said, "I am satisfied that as we continue to make operating progress quarter after quarter. Our improved performance in conjunction with our cost reduction in...

Ivanhoe Electric Inc. Executive Chairman Robert Friedland, and President and Chief Executive Officer Taylor Melvin, are pleased to announce its multi-year commitment for a $150,000 contribution to the Native American Mining and Energy Sovereignty Initiative , part of the Payne Institute for Public Policy at Colorado School of Mines , one of the world's foremost universities of mineral and energy engineering. NAMES serves as a beacon of support for Tribal communities, facilitating dialogue between stakeholders and driving forward-thinking discussions on mineral and energy development in the western United States. Through this partnership, Ivanhoe Electric joins NAMES in its mission to empower Tribal communities by encouraging and financially supporting educationa...

London, 16 May 2024 - Endeavour Mining Plc announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited. Aggregated information Dates of purchase: 15 May 2024 Aggregate number of ordinary shares of USD 0.01 each purchased: 3,000 Lowest price paid per share : 1,715.00 Highest price paid per share : 1,721.00 Volume weighted average price paid per share : 1,717.67 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 244,878,849 ordinary shares in issue. Therefore the total voting rights in the Company will be 244,878,849. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will det...