Xali Gold Corp. is pleased to announce that it has granted a temporary modification to the deal terms with Mexican company, Grupo Minero WIYA regarding the San Dieguito de Arriba Plant in Nayarit, Western Mexico. While the original Rent to Purchase Agreement as per the Xali Gold News Release dated December 18, 2023 remains in place, WIYA and the Company have agreed to a three month modification of terms so that WIYA has time to better develop their mining operations. "We are pleased that WIYA was able to put our SDA Plant into operation and demonstrate that it functions well," says Joanne Freeze, President and CEO of Xali Gold. "We remain encouraged that our business relationship with WIYA could develop into a long-term mutually beneficial partners...

Brunswick Exploration Inc. is pleased to report the first assays from the Mirage winter drilling campaign where it drilled an additional thirty-five holes. The Mirage Project is located in the Eeyou Istchee-James Bay region of Quebec approximately 40 kilometres south from the Trans-Taiga Road. The winter drill campaign focused on the Central Zone and has continued to intersect multiple wide, well mineralized intervals on the MR-6 dyke and its vicinity where it remains open in all directions. Highlights include: Best interval to date at Mirage with 1.59% Li2O over 58.1 meters in drill hole MR-23-49 starting at surface and which extends the flat dipping MR-6 dyke a further 80 meters to the south. Importantly, MR-6 remains open to all directions. Evidence of significant dyke sta...

Newmont Corporation today announced first quarter 2024 results and declared a first quarter dividend of $0.25 per share. "Newmont delivered a strong first quarter operational performance, producing 2.2 million gold equivalent ounces and generating over $1.4 billion in cash from operations before working capital changes," said Tom Palmer, Newmont's President and Chief Executive Officer. "Underpinned by the gold industry's leading portfolio of Tier 1 gold and copper operations, we remain well-positioned to achieve our full-year guidance and deliver meaningful synergies and productivity improvements from the combined portfolio. We remain focused on delivering on the commitments we laid out at the beginning of this year, creating an attractive value proposition for new and existing investors d...

IsoEnergy Ltd. is pleased to provide an update on the results of winter 2024 exploration work on its eastern Athabasca Basin uranium properties . A total of 7,227 metres of drilling in 13 diamond drill holes on the Larocque East and Hawk projects confirmed ambient noise tomography low velocity anomalies and identified new targets planned for testing during the summer exploration program set to commence in June 2024. Highlights: Laroque East Project o Seven drill holes tested a prominent ANT low velocity anomaly along the northeast extension of the Hurricane electromagnetic conductor corridor. o Drilling intersected prospective brittle faults and alteration interpreted as the source of the ANT anomaly as well as intersecting the continuity of the Hurricane trend graphitic-pyri...

OceanaGold Corp. announces that it will raise ₱6.08B through an Initial Public Offering of 20% of the common shares of its wholly-owned subsidiary, OceanaGold Philippines, Inc. on the Philippines Stock Exchange . OGPI holds the Company's interest in the Didipio Mine and, pursuant to the terms of the renewed Financial or Technical Assistance Agreement , is required to list its common shares on the PSE. The Offering is a secondary offering of common shares, with the proceeds to be received by a wholly-owned subsidiary of OceanaGold. The final Offering price will be ₱13.33 per share, which was determined by the market through a book-building process involving international and Philippines institutional investors. The retail offer period will ...

Lundin Gold Inc. is pleased to announce that it has entered into an agreement with Newmont Corporation to buy out 100% of the balance of the stream credit facility and offtake agreement for its 100% owned Fruta del Norte gold mine in Ecuador for total consideration of $330 million. All amounts are in U.S. dollars unless otherwise indicated. View PDF Ron Hochstein, President and CEO commented, "I'm very pleased to announce the buy out of the Stream Facility and Offtake. With this milestone complete, Lundin Gold will have repaid in full all of its project finance debt only four years after achieving commercial production at Fruta del Norte. Upon closing, the Company will be debt free and have increased exposure to rising gold prices, resulting in increased amounts...

C2C Metals is pleased to announce, effective immediately, the appointment of Mr. Jason Bagg as Chief Executive Officer of the Company. Mr. Bagg brings over 20 years of financial and uranium sector experience, including his position as President and Chief Executive Officer of Puranium Energy Ltd. William M. Sheriff, Chairman of C2C Metals, stated: "On behalf of the Board of Directors it is my pleasure to welcome Jason to the C2C team. His background in the financial markets and the uranium sector comes at an important time given C2C's increasing focus on conventional uranium assets within the United States." Mr. Chris Huggins has stepped down as a Director and the Chief Executive Officer of the Company. We thank him for his contr...

Star Diamond and Minespider announced that they have partnered to launch the Diamond Passport and comply with the new G7 rules. Recently, the G7 countries have put a direct ban on Russian diamonds and agreed to establish a verification and certification mechanism for rough diamonds to prove the origin to ensure diamonds are not mined, processed, or produced in conflict zones. Having over 6 years of traceability experience with companies like Google, Minsur, LuNa Smelter, and others, Minespider introduced its own Diamond Passport in...

Achieves net income of $56.0 million and adjusted EBITDA of $102.9 million Declares a quarterly cash dividend of $20.7 million, or $1.11 per share Reduces diluted share count by an incremental 3 percent during the quarter Arch Resources Inc. today reported net income of $56.0 million, or $2.98 per diluted share, in the first quarter of 2024, compared with net income of $198.1 million, or $10.02 per diluted share, in the prior-year period. Arch had adjusted earnings before interest, taxes, depreciation, depletion, amortization, accretion on asset retirement obligations, and non-operating expenses [1] of $102.9 million in the first quarter of 2024. This compares to $277.3 million of adjusted EBITDA in the first quarter of 2023. Revenues totaled $680.2 million for the three month...

CNX Resources Corp. today released financial and operational results for the first quarter 2024 by posting those results on its website as detailed below. The company's first quarter prepared remarks can be accessed by clicking here. First quarter earnings results and supplemental information regarding quarterly E&P data such as production volumes and hedging information, financial statements, and non-GAAP reconciliations can be accessed by clicking here. A company presentation to accompany its prepared remarks can be accessed by clicking here. The company's prepared remarks, earnings results and supplemental information, and presentation materials are also available on the Investor Relations page of the company's website at www.cnx.com. As previously disclosed, the CNX Q&...

Midnight Sun Mining Corp. is pleased to announce a non-brokered private placement of up to 15,000,000 units at a price of $0.22 per Unit for gross proceeds of $3,300,000 . Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share of the Company for a period of thirty-six months from the closing of the Offering at an exercise price of $0.33. The Company intends to close the Offering as soon as practicable. Red Cloud Securities Inc. is acting as a finder for the Company under the Offering. The net proceeds of the Offering will be used by the Company to fund exploration work on its Zambian mineral properties as well as general working capital. The Offering, in...

Newcore Gold Ltd. is pleased to announce positive results from the independent, updated Preliminary Economic Assessment completed for the Company's 100%-owned Enchi Gold Project in Ghana. The PEA was led by Lycopodium Minerals Canada Limited of Toronto, Canada and provides a base case assessment of developing Enchi as a low capital intense, open pit, heap leach operation, processing 8.1 million tonnes per annum utilizing contract mining. The PEA incorporated updated costing as well as development work completed on the Project since 2021 including a larger Mineral Resource Estimate completed in 2023, a significant amount of bench-scale and bulk sample metallurgical testwork and an updated environmental and social baseline study. All currencies in this news release are reported...

Vancouver, BC, Apr 25, 2024 - - Highlights:Confirmed presence of wide spodumene-mineralized pegmatites containing high grade intervals at the Mia and Carte zones:Mia Zone - 17.8 m at 1.51% Li2O, including 12.2 m of 2.16% Li2O Carte Zone - 7.3 m at 0.94% Li2O, including 4.4 m of 1.40% Li2O Continuity of mineralization at the Mia 1 & 2 zones.Core assay results remain to be reported for the 20 drill holes from the Company's approximately 3,085 m Winter 2024 Drill Program. Vancouver, British Columbia-- - Q2 Metals Corp. is pleased to announce core assay results of the inaugural drill program completed in fall of 2023 at the Company's wholly owned, 8,668 hectare Mia Lithium Property located in the Eeyou Istchee James Bay Territory of Quebec. The targeted drill area for the inaugur...