Contango Ore Inc. and HighGold Mining Inc. are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which Contango will acquire all of the issued and outstanding shares of HighGold by way of a court approved plan of arrangement under the Business Corporations Act . Under the terms of the Agreement, each HighGold share will be exchanged for 0.019 shares of Contango common stock based on the respective volume weighted average price of Contango for the five-day period ending on May 1, 2024. The Exchange Ratio implies total consideration of C$0.55 per HighGold Share and total HighGold equity value of approximately US$37 million 1. The consideration represents a premium of 59% based on Contango's and HighGold's 20-day VWAP2. ...

Highlights: The Company has received results from drillholes 1274-24-301-305 and 339-341 highlighted by the following intervals: #339 - 2.82% CuEq over 44.5 metres beginning at 146 metres depth #340 - 3.35 % CuEq over 20.75 metres beginning at 126.3 metres depth #341 - 3.24 % CuEq over 9.9 metres beginning at 156 metres depth Drillhole 1274-24-339 was designed to test the lateral extension of the high-grade lens identified in holes 1274-24-293 and 294, released on March 20, 2024. These holes intercepted 2.6% CuEq over 37.0 metres , including 6.3% CuEq over 10.6 metres, and 2.5% CuEq over 61.3 metres , including 11.4% CuEq over 10.6 metres. Drillhole 1274-24-339 intercepted mineralization approximately 20 metres east of 1274-24-294, intercepting 2.82% CuEq over 44.5 metres hosted in strong ...

SouthGobi Resources Ltd. announces that the Company's board of directors will approve the quarterly financial results of the Company and its subsidiaries for the quarter ended March 31, 2024 on Tuesday, May 14, 2024. These results will be released on Tuesday, May 14, 2024. About SouthGobi SouthGobi, listed on the Hong Kong Stock Exchange and the TSX Venture Exchange, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. It also holds the mining licences of its other metallurgical and thermal coal deposits in South Gobi region of Mongolia. SouthGobi produces and sells coal to customers in China. Contact: Investor Relations Email: info@southgobi.com Mr. Ruibin Xu Chief Executive Officer Office: +1 604 762 6783 +852 2156 1438 Website: www.southgobi.com Neither the T...

Basin Uranium Corp. applauds the United States Senate vote to ban the import of enriched uranium from Russia. The Prohibiting Russian Uranium Imports Act, which was approved by unanimous consent, would bar US imports of Russian enriched uranium to fuel the United States over 90 commercial reactors. According to the Energy Information Administration, Russia supplies nearly 25% of all enriched uranium used in domestic reactors. "The US Government's continued push to reduce foreign dependance on such a critical input of domestic energy security, such as the uranium that fuels the US's clean energy supply, only reinforces our focus and commitment to developing our US uranium asset portfolio," commented Mike Blady, CEO of Basin Uranium. "This announcement, which places an increasi...

Ubique Minerals Ltd. announces effective as of April 30, Gaurav Singh has resigned as director and CFO of the company. The Ubique team would like to thank Mr Singh for the contributions to the company and wish him the best in his future endeavors. Vilhjalmur Thor Vilhjalmsson, CEO and Chairman, commented, "Gaurav has played a crucial role in steering Ubique through important phases of growth and operational challenges. His expertise and dedication have been invaluable to the company. As he moves on to new opportunities, we are grateful for his time with us and confident in our direction forward. We are actively seeking a successor who will continue to drive our strategic objectives and maintain the high standards of financial stewardship that Gaurav set." On behalf of the boa...

Golden Lake Exploration Inc. is pleased to announce high-grade silver and base metal results from its newly acquired Pinto Property in White Pine County, Nevada, located approximately 15 kilometres from the Company's keystone Jewel Ridge Property. The Pinto property was staked based on the Company's ongoing generative exploration activities on Nevada and comprise approximately 440 acres . The new claims are 100% owned by the company and do not have royalty obligations or work commitments. A total of 23 rock grab samples were collected by Company personnel, over the Property that returned precious and base metal values up to 0.31 grams gold per tonne , 2600 grams silver per tonne, , 5.56 % copper , 14.05 % lead , and 10.6 % zinc . Samples from quartz veins consistently showed ...

CDN Maverick Capital Corp. is pleased to announce the successful expansion of its lithium prospects in James Bay; adding an additional 110,000 hectares to its portfolio. Additional Purchase Agreement with Shawn Ryan Maverick has entered into an additional purchase agreement with Shawn Ryan, to increase its James Bay area land package with exploration potential for lithium and other high-value minerals including the Poncheville Lithium Prospects in south-central Quebec. The agreement, entered into effective April 17, 2024, allows Maverick to expand its portfolio by adding 2,251 mining claims, equal to approximately 110,000 hectares, for an acquisition cost of $160,000 CAD. This expansion brings Maverick's total land package in the James Bay area to 150,000 hectares of highly p...

ENDEAVOUR REPORTS Q1-2024 RESULTS On track for 2024 guidance • BIOX® Expansion first gold achieved • Lafigué dry commissioning underway OPERATIONAL AND FINANCIAL HIGHLIGHTS Q1-2024 production of 219koz at an AISC of $1,186/oz; on track to achieve full year 2024 guidance with performance strongly weighted towards H2-2024 Adjusted EBITDA of $213m for Q1-2024, down 27% over Q4-2023 Adjusted Net Earnings of $41m for Q1-2024, flat over Q4-2023 Operating Cash Flow before changes in WC of $137m for Q1-2024, down 44% over Q4-2023 Healthy financial position with a net debt position of $831m at end Q1-2024 with $481m in cash and available liquidity ORGANIC GROWTH Sabodala-Massawa BIOX® Expansion first gold pour completed on 18 April 2024, in only 2 years from construction launch, with proj...

Amarc Resources Ltd. is pleased to announce that its team is in the final planning stages with Freeport-McMoRan Mineral Properties Canada Inc. , to commence an extensive 2024 drilling program at its 100% owned JOY Copper-Gold District in north-central British Columbia . The program is planned to start in June and will be fully funded by Freeport, which is earning-in at JOY, with Amarc continuing as operator of the project. "All drilling and exploration survey activities, together with trail and bridge repair initiatives completed at the JOY District over the past two years are culminating in an aggressive and focused drilling program in 2024," said President and CEO Dr. Diane Nicolson. "Our goal is discovery, by wide-spaced drilling, of one or more porphyry Cu-Au deposits with...

Grid Battery Metals Inc. is pleased announce the results of the initial exploration program, a Magnetotelluric geophysics survey performed by the KLM Geoscience . The geophysics survey was overseen by Grid's Qualified Professional, Mr. Steven McMillin P.G. MT survey profiles The MT survey is a preferred method for identifying strata that may contain lithium brine evidenced by low resistivity signatures, structures that potentially focus brine, and basin floor geometry. Mr. Steven McMillin P.G. comments "The MT survey was completed over eleven profiles. The results were plotted in horizontal slices at 250m, 500m and 750m with bedrock depths that range from 216 to 406 m within the Grid claims. A major northeast fault interpreted from gravity bisects the claim block and is best ...

Treasury Metals Inc. and Blackwolf Copper and Gold Ltd. are pleased to announce that they have entered into a definitive arrangement agreement dated May 1, 2024 to combine the two companies to advance the Goliath Gold Complex Project in Ontario towards production with a strengthened leadership, balance sheet and capital markets team . The combined company's Niblack Copper-Gold development project in Alaska and other exploration properties also represent promising upside projects for future growth. Transaction Highlights: Potential Near-Term Gold Production: Based on a prefeasibility study conducted in February 2023, the GGC Project is poised for production with a forecasted 13-year mine life. It anticipates producing 109,000 ounces of gold annually at a cash cos...

Eagle Plains Resources Ltd. or and Xcite Resources Inc. , have received the results from a data compilation on the Beaver River uranium project, located 40km SE of Uranium City, Saskatchewan. The Beaver River project hosts near surface high grade uranium mineralization and is one of six Eagle Plains uranium properties under option to Xcite . The compilation and interpretation of available data will lead to recommendations for 2024 fieldwork. Beaver River Data Compilation Highlights Historical assays up to 29.89% U3O8 in trench chip samples Historical drill intersections include 0.18% U3O8 over 0.3m and 0.06% U3O8 over 0.61m Recognized mineralized trend >1km in length Prospective for polymetallic Beaverlodge-type uranium mineralization in E-W and NW-SE trending fault zones ...

Honey Badger Silver Inc. has fortuitously acquired at no cost the historic drill data base for its 100%-owned Nanisivik Project in Nunavut which contains extremely valuable geologic information about the claims we now own. The Company's CEO Dorian L. Nicol commented, "This is an extremely valuable data base. It contains the results from decades of drilling at Nanisivik that we estimate would cost well over $40 million to replicate today. We have been searching for this information since staking Nanisivik and were able to acquire it after months of effort utilizing our extensive contacts in the mining industry and some sleuthing. We are examining the data to identify potential mineralization at Nanisivik that could be economic at today's metals prices. We expect this to lead t...