Orezone Gold Corp. reported its operational and financial results for the first quarter of 2024. The Company will host a conference call and webcast on May 14, 2024 commencing at 8:00am PT to discuss its Q1-2024 results. Additional details are provided at the end of this press release. All dollar amounts are in USD unless otherwise stated and abbreviation "M" means million. Patrick Downey, President and CEO, commented "Our Bomboré mine had another quarter of consistent performance, delivering 30,139 ounces of gold production, mine earnings of $27 million, and positive free cashflow. In addition, we successfully commissioned the powerline connection to the national grid and substantially completed the construction of the MV3 resettlement site which will open mining access to t...

Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026 Global Atomic Corp. , announced today its operating and financial results for the quarter ended March 31, 2024. For more detail please refer to the Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis for the three months ended March 31, 2024 on the Company's website at www.globalatomiccorp.com. Q1 2024 HIGHLIGHTS Dasa Uranium Project - 2024 Feasibility Study On March 5, 2024, the Company published its Dasa Project 2024 Feasibility Study as an update to its 2021 Phase 1 Feasibility Study which confirmed an extension of the Mine Plan from 12 years to 23.75 years , a 50% increase in Mineral Reserves to 73 million pounds U3O8 and an increase in total production by 55...

Lithium Americas Corp. , today announced first quarter results. Highlights Operational Highlights During the three months ended March 31, 2024, Caucharí-Olaroz produced approximately 4,500 tonnes of lithium carbonate. The project continues to advance through the ramp up and test higher production levels. In April 2024, a planned shutdown was performed to inspect and improve reliability of the processing plant. Caucharí-Olaroz remains on target to produce 20,000 - 25,000 tonnes of lithium carbonate in 2024. The target remains to reach and maintain a near steady state production level by the end of the year. For 2024, Caucharí-Olaroz expects to be operating cash flow positive when adjusted for working capital changes. Working capital requirements are expected to remain elevated...

Canterra Minerals Corp. announces a non-brokered private placement, under the Listed Issuer Financing Exemption , to raise gross proceeds of up to C$1,250,000 . The Offering will consist of units of the Company at a price of C$0.06 per Unit. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one additional common share of the Company at a price of C$0.09 for a period of two years from the date of issuance. The net proceeds from the sale of the Units are expected to be used for general working capital purposes, including but not limited to, mining lease and property payments and exploration expenditures. Subject to compliance with applicable regulatory requirement...

Ascot Resources Ltd. is pleased to announce the Company's unaudited financial results for the three months ended March 31, 2024 , and also to provide a construction update on the Company's Premier Gold Project , located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2024, please see the Company's filings on SEDAR+ . All amounts herein are reported in $000s of Canadian dollars unless otherwise specified. Q1 2024 AND RECENT HIGHLIGHTS On May 7, 2024, the Company announced a $5,000 non-brokered flow through private placement , the proceeds of which will be used to fund the ...

Class 1 Nickel and Technologies Ltd. is pleased to announce that it has completed a non-brokered private placement pursuant to which it has issued an aggregate of 10,400,000 common shares at a price of $0.05 per Share to raise aggregate gross proceeds of $520,000. The Shares are subject to a statutory hold period expiring on September 14, 2024. Insiders of the Company directly and indirectly subscribed for an aggregate of 10,000,000 Shares in the Private Placement. The Private Placement remains subject to the final approval of the Canadian Securities Exchange. About Class 1 Nickel Class 1 Nickel and Technologies Ltd. is a mineral resource company focused on the development of its 100% owned Alexo-Dundonald Property, a portfolio of komatiite hosted magmatic nicke...

Pasinex Resources Ltd. , is providing a further update on the status of a management cease trade order application to the British Columbia Securities Commission that was granted on April 30, 2024. The Company was granted a voluntary MCTO under National Policy 12-203 - Management Cease Trade Orders . As previously announced on April 22, 2024 , the application for the MCTO was made by the Company in order to secure additional time for the Company to file its audited annual financial statements and the related management's discussion and analysis for the year ended December 31, 2023, , which were due on April 29, 2024. The MCTO prohibits all trading in the capital of the Company, whether directly or indirectly, by the Company's CEO and CFO. The MCTO does not affect the ability o...

Damara Gold Corp. , announces that the board of directors of the Company has recommended the consolidation of the Company's issued and outstanding common shares on the basis of four pre-consolidated Common Shares for one new post-consolidated Common Share . Consolidation and Name Change The Company's Board believes that Consolidation will provide the Company with greater flexibility for the continued development of its business and the growth of the Company, including financing arrangements. There is no change of business associated with or being affected by the Consolidation. In addition to and in conjunction with the Consolidation, the Company proposes to change its name such Name Change to be approved by the Board and applicable regulatory authorities. The Company will be ...

Rock Tech Lithium Inc. announces that it has adopted an "Advance Notice By-law" to establish the conditions and framework under which registered or beneficial owners of common shares of the Company may exercise their right to submit director nominations by fixing a deadline by which such nominations must be submitted by a Shareholder to the Company prior to any annual or special meeting of shareholders, and sets forth the information that a shareholder must include in the notice to the Company for the notice to be in proper written form in accordance with the Canada Business Corporations Act . The Advance Notice By-law provides a clear process for Shareholders to follow for director nominations, and will help ensure that all Shareholders receive adequate notice and informatio...

Pacific Booker Minerals Inc. regrets to announce that all attempts to meet with the current leadership of the Lake Babine Nation have been ignored or dismissed out of hand. Officials in the BC Environmental Assessment Office have informed PBM that a new application would not be considered unless it was actively supported by the Lake Babine Nation , the closest indigenous people to the Company's wholly owned Morrison Project. PBM started work on the project in 1997 and since 2004, has stated its intent to bring the property into production for copper, gold, and molybdenum. PBM has spent $43 million of investors funds to attempt to capture what is perceived to be a very significant opportunity for the area. If the project does not proceed, that investment will have been lost. N...

TORONTO, May 13, 2024 /CNW/ - The following issues have been halted by CIRO: Company: New Gold Inc. TSX Symbol: NGD All Issues: Yes Reason: Pending News Halt Time : 4:09 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization - Halts/Resumptions Contact For further information about CIRO's trading halt policy, please see Trading Halts & Timely Disclosure at www.iiroc.ca under the Markets tab. Please note that CIRO staff cannot provide any information ab...

Gowest Gold Ltd. is pleased to provide a further update on the latest assay results from Phase 2 of its previously announced surface diamond drill program at its 100% owned North Timmins Gold Project . This latest work is part of the $10 Million exploration program phase, which aims to expand the mineable resource at the Bradshaw Gold deposit , as well as to further test other parts of the Corporation's NTGP area where notable gold has also been intercepted previously Diamond Drilling Highlights Since Last Update A total of 12,769 meters of drilling has been completed as of April 30th, including 32 completed holes and two holes in progress on the Sheridan gold zone and west of Bradshaw. Highest intercept: 13.6 grams per tonne gold over 1.1 m from hole GW23-352, including *20....

New Gold Inc. is pleased to announce that it has entered into an agreement relating to its strategic partnership with Ontario Teachers' Pension Plan at the New Afton Mine , whereby New Gold will increase its effective free cash flow interest in New Afton to 80.1% . On closing of the Transaction, Ontario Teachers' free cash flow interest in New Afton will be reduced from 46.0% to 19.9% in exchange for an upfront cash payment of $255 million from New Gold. New Gold will fund the cash payment with cash on hand, borrowings from its existing revolving credit facility and net proceeds from a concurrent bought deal equity financing of common shares of New Gold for approximately $150 million. Anticipated Benefits to [wp=145]New Gold[...