Reissuing release to correct ticker symbol for searching purposes. The release reads: 2024 FINANCIAL RESULTS Golden Minerals Company has today released financial results and a business summary for the quarter ending March 31, 2024. First Quarter Business Summary and Subsequent Events The Company restarted silver-gold production at the Company's Velardeña Properties in December 2023, but stopped mining at the end of February 2024 and stopped processing mineralized material at the end of March 2024, after determining the initial performance of the mine and processing plant did not achieve the expected mine production ramp-up schedule or initial expected plant concentrate production results. Operational issues at the mine were caused by a combination of insufficient experienced ...

Silver Spruce Resources Inc. is pleased to announce that it has closed the first tranche of its previously announced private placement of units with each Unit consisting of one common share of the Company and one common share purchase warrant at a purchase price of $0.015 per Unit. Each Warrant is exercisable into one common share at an exercise price of $0.05 per share for a period of five years from the date of the issuance of the Warrants. The Company issued 19,983,333 Units for aggregate proceeds of $299,750 in a first tranche of the Private Placement and no insiders participated in the first tranche. Insiders may participate in the next tranche of the Private Placement but the extent of insider participation, if any, has not yet been determined. The proceeds from the firs...

Zonte Metals Inc. has completed its previously announced non-brokered private placement and, subject to TSX Venture Exchange approval, increased the size of the offering to 4,062,220 units including 1,080,000 common share units at a price of $0.08 per Common Share Unit and 2,982,220 flow through share units at a price of $0.09 per Flow-through Share Unit , for total proceeds of $354,800. Each Unit consists of one common share and one common share purchase warrant expiring May 3, 2026. The warrants accompanying the CS Units are exercisable at a price of $0.11 and the warrants accompanying the FT Units are exercisable at a price of $0.15. Following completion of the Offering, the Company will have 76,287,181 shares issued and outstanding. In connection with securities sold purs...

Silver Elephant Mining Corp. announces in April, the Company mined a total of 20,894 tonnes of Paca oxide materials with an average grade of 194.2 g/t silver and trucked the Products to Andean Precious Metals Corp. . John Lee, CEO of Silver Elephant commented: "Our Bolivian operation set a new monthly record in both Product tonnages and gross metals content delivered to Andean. The Company has been expanding Bolivian activities with the cash-flow from Paca oxide sales since October 2023. Silver Elephant has become a major employer at the Pulacayo township, and we would like to thank the local community and our partners for their continued support. The Company is stabilizing the Paca oxide production rate and advancing towards Paca's phase 2 sulphide production. Paca's potenti...

Auriant Mining AB held its Annual General Meeting on Tuesday, 14 May 2024. The main resolutions passed at the meeting were as follows. More detailed information about the contents of all resolutions may be obtained from the complete notice to the Annual General Meeting and the complete proposals. The notice and the complete proposals are available on the company's website: www.auriant.com. Adoption of balance sheets and profit and loss accounts It was resolved at the meeting to adopt the profit and loss account and balance sheet, as well as the consolidated profit and loss account and consolidated balance sheet for the financial year 2023. Allocation regarding the company's result In accordance with the board of directors' and the CEO's proposal, it was resolved at the meetin...

Fitzroy Minerals Inc. , is pleased to provide the results of a geochemical soil survey at the Polimet Gold-Copper-Silver Project, Chile. Laboratory assay checks on the X-ray Fluorescence data collected from the soil survey show a good correlation with laboratory ICP analysis across low- medium- and high-grade samples. The XRF data, recorded using a bench-mounted XRF analyser, slightly under-reported copper ICP assays, indicating that the low-cost and time-efficient method of using an XRF analyzer is conservative and appropriate for field exploration and drill hole-targeting. Results from the XRF surveys showed clear copper anomalies in all three areas tested. Copper is a direct indicator element in this Au-Cu-Ag epithermal system. Fitzroy Minerals will now extend the geochemi...

First Atlantic Nickel Corp. is pleased to announce that it has entered into a public relations marketing agreement dated May 12, 2024 with Think Ink Marketing Data and Email Services, Inc. , to provide public relations services in an effort to increase public awareness of the Company and its securities. Think Ink is a California-based marketing firm established in 1991 that provides its customers with a complete range of marketing services that includes data appending, e-mail marketing and pay-per-click on-line banner/native ads. Think Ink helps its clients to reach a large network of potential investors. The Company has budgeted up to US$100,000 for the marketing services of Think Ink during the initial Term; Think Ink's services to the Company will include the creation and ...

Metallis Resources Inc. is pleased to report that further compilation work completed on the historic Greyhound Mine has increased the understanding of silver distribution, enabled the modelling of mineralization, and improved the Company's confidence in the historic silver grades. This critical information will help guide the geological team with their upcoming field program and provide potential near-term drill targets as they add to the inventory of mineralized shoots* on the Greyhound Property . Metallis' VP of Exploration, Dave Dupre stated, "What attracted us to the Greyhound Property, other than the impressive historic silver grades, is the fact that none of the previous operators tested above or below the high-grade shoots that were encountered in the historic mining. ...

Northern Lights Resources Corp. is pleased to announce it has executed an option agreement to acquire a 100% interest in the Caldera Copper Project located in Lincoln County, Nevada . Highlights Exploration stage project acquired in Southeast Nevada along the southern extension of Battle Mountain Eureka trend. The Caldera project consists of total 55 BLM mineral claims with a total area of 418 hectares. The Caldera Project is highly prospective for copper porphyry, copper skarn, and IOCG mineralization. No modern exploration in the area. Numerous historic workings focussed on copper and iron mineralization. Initial rock sampling shows copper grades up to 6% copper with highly anomalous levels of Ag, Mo, Sn, Wo. Northern Lights, CEO, Jason Bahnsen commented "The Caldera Projec...

May 14, 2024 -- Canada Carbon Inc. is pleased to announce the closing of a non-brokered private placement of 7,500,000 flow-through units at a price of $0.06 per FT Unit gross proceeds of $450,000 . Each FT Unit is comprised of one flow-through share in the capital of the Company and one-half of one common share purchase warrant . Each whole Warrant shall entitle the holder thereof to acquire one common share in the capital of the Company at a price of $0.12 per share for a period of 60 months from the date of issuance. The FT Shares will qualify as "flow-through shares" within the meaning of the Income Tax Act . In addition, the Company is pleased to announce the closing of a non-brokered private placement of 833,333 non-flow-through units at a price of $0.06 per NFT Unit for...

Eastern Platinum Ltd. is pleased to report that it has filed its condensed interim consolidated financial statements for the three months ended March 31, 2024 and the corresponding management's discussion and analysis . Below is a summary of the Company's financial results for the first quarter of 2024 in comparison to the restated period in 2023 : Revenue for Q1 2024 decreased to $15.7 million , representing a $2.3 million or -12.9% decrease. Mine operating income increased by $1.8 million to $5.3 million in Q1 2024 while gross margin increased from 19.6% in Restated Q1 2023 to 33.7% in Q1 2024. Operating loss was $0.03 million in Q1 2024 compared to an operating income of $1.8 million in Restated Q1 2023. Net loss attributable to equity shareholders was $0.9 million in Q1 20...

First Phosphate Corp. is pleased to report results from another 29 drill holes at its Bégin-Lamarche project located in Saguenay-Lac-St-Jean, Quebec, Canada. The Company's 25,929 m drill program was completed ahead of schedule on April 29, 2024. To date, 4,557 assays have been received representing 16,468 m of drilling. A remaining 1,775 assays are expected to be delivered by the end of May. Highlights: Phosphate Mountain Zone: Drill hole BL-24-67 intersected 11.85% P2O5 over 84.0 m starting at a surface depth of 3.0 m. Drilling in the Phosphate Mountain Zone revealed a thick 90 m layer of phosphate bearing nelsonite rock outcropping at surface with numerous other high grade intersects grading at over 10% P2O5. Drill hole BL-24-82 returned a sub-intersection of 20.51% P2O5 ov...

Finlay Minerals has conducted a comprehensive review of its Silver Hope Property near Houston, BC. This comprehensive review, which included the analysis of 179 drill holes, previous surveys, and the 2023 ALS GoldSpot Prospectivity Report, has led to the identification of seven robust priority targets. Priority Targets: The possible extensions of the Main Trend and West Cu-Mo Porphyry mineralized zones to the southwest. Identification of the East Trend 1 and East Trend 2 targets, which have similar geochemical and geophysical signatures as the Main Trend. The Zest target now includes the former Equity Silver Mine and extends on to the Silver Hope Property. The Equity East target has surface geochemical and geophysical characteristics similar to the Zest showing and target. Th...