Fancamp Exploration Ltd. announces the resignation of Mr. Greg Ferron as Director of the Corporation, effective immediately. Mr. Ferron has held this position on the Board of Directors since 2021. The Board of Directors and management of Fancamp thank Mr. Ferron for his years of service, and the Corporation was fortunate to have benefited from Mr. Ferron's years of mining industry and capital markets expertise. "We would like to thank Mr. Ferron for his exceptional service on our Board. The Corporation has benefitted greatly from his contributions, dedication, and strategic leadership," added Mr. Mark Billings, Chairman of the Board of Fancamp. The Corporation wishes him well in his other endeavours and will continue working with Mr. Ferron as we jointly advance the Shining T...

Western Alaska Minerals is pleased to announce that, further to its news releases dated April 18, 2024, April 22, 2024, April 26, 2024, May 3, 2024, and May 8, 2024, the Company has closed a second and final tranche of its previously announced non-brokered private placement , issuing 200,000 units of the Company for additional gross proceeds of C$130,000. In aggregate under the Offering, the Company issued 4,012,981 Units at a price of $0.65 per Unit for aggregate gross proceeds of C$2,608,437.65. Each Unit is comprised of one subordinate voting share in the authorized share structure of the Company and one Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Share at an exercise price of C$0.90 per Warrant Share for 36 months from the date of issuance. The Com...

Colibri Resource Corp. is pleased to report that the co-owner of its Pilar Gold & Silver Project in Sonora, Mexico, Tocvan Ventures has announced the results from the initial four of fifteen holes drilled to date in the ongoing Phase 4 RC drill program. Hole JES-24-77 was drilled in the 4-T Trend area and is reported to be the longest and highest-grade gold intersection to date outside of the Main Zone. Colibri owns a 49% interest in the Pilar Gold & Silver Project. Highlights from Tocvan Pilar News Release - May 14th, 2024: Best Intersection to date from 4-T Trend in Drillhole JES-24-77 Drilling Intersects 56.4 meters of 1.0 g/t Au, 18.3 meters from Surface in Drillhole JES-24-77 Including 9.2 meters of 5.3 g/t Au, 27.5 meters from surface Top 5 Drill Result from Tocvan Prog...

First Phosphate Corp. CEO John Passalacqua joined Steve Darling from Proactive to announce the results from 29 additional drill holes at the Bégin-Lamarche project in Quebec. The company's drill program, totaling 25,929 meters, was completed ahead of schedule, with 4,557 assays received to date and 1,775 assays expected by May's end.
Passalacqua highlighted the progress, noting that 23 drill holes have been completed in the Phosphate Mountain Zone, with results from 14 holes showing grades exceeding 10% P2O5 over widths ranging from 7 to 92 meters. Notably, drill hole BL-24-67 intersected 11.85% P2O5 over 84.0 meters from a surface depth of 3.0 meters, indicating significant phosphate mineralization in the area.
Additionally, Passalacqua discussed drilling in the Southern Zon...

Thor Energy plc managing director Nicole Galloway Warland joined Proactive's Stephen Gunnion with more details on a A$1.3 million share placing, targeted at investment in its uranium and copper projects in the United States and Australia.
Galloway Warland noted strong support from both existing and new shareholders, reflecting confidence in the company's growth potential. The expanded shareholder base now includes new institutional investors. Additionally, company directors, including Galloway Warland and chairman Alastair Clayton, have increased their investments, contingent on shareholder approval, further demonstrating their belief in the company's prospects.
The funds will primarily facilitate the next stages of exploration and drilling at several key sites, including Wedd...

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. ...