Silver North Resources CEO Jason Weber joined Steve Darling from Proactive to announce the completion of an option agreement with three prospectors holding the GDR Project in southern Yukon. Comprising three claim groups totaling 150 claims in the Silvertip-Midway District, the GDR Project is strategically located near Silver North's Tim Silver Property, currently under option to Coeur Mining. The project claims encompass geology prospective for Carbonate Replacement Deposits , akin to those explored at Tim and Coeur's neighboring Silvertip Mine Project.
Weber highlighted the accessibility of the GDR Project properties via road and trail, emphasizing their potential for high-grade Ag-Zn-Pb CRD mineralization. Showings of Ag-Pb-Zn and multi-element soil geochemical anomalies u...

TORONTO, May 15, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Horizonte Minerals Plc TSX Symbol: HZM All Issues: Yes Reason: Pending News Halt Time : 1:00 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 info...

Green Bridge Metals Corp. is pleased to announce encouraging results for the potential of bulk tonnage nickel mineralization based on prospecting of the Chrome Puddy ultramafic intrusion. A total of 52 grab samples of serpentinized ultramafic rock were collected from over 2.5 km strike length and contained values up to 0.38% Ni with an average of 0.20% Ni. Ni mineralization at the Chrome Puddy Project is associated primarily with Ni-rich iron oxides including Ni-oxide minerals such as trevorite . David Suda, CEO of Green Bridge Metals, stated "Green Bridge is focused creating shareholder value by bringing forward exploration and development opportunities to supply critical and strategic minerals to the rapidly growing green economies and power grids of North America and the w...

Lode Gold Resources Inc. announces it has incorporated a new wholly owned subsidiary to vend in its Canadian assets in Yukon and New Brunswick. The intention is to spin off the subsidiary into a new public vehicle. We are actively evaluating options: a) Direct listing or b) RTO . In 2020, the market capitalization of Lode Gold with these Yukon and New Brunswick assets was $30 million. The Yukon assets in the southeastern Tombstone Gold belt host both a reduced intrusion-related gold system at the Win property and structurally controlled sedimentary-hosted gold mineralization at the Golden Culvert property. The Win property in Yukon has confirmed gold-bearing sheeted quartz veins in hornfels-altered rocks grading up to 8.53 g/t Au with the geochemical signature and zonation ty...

Steppe Gold Chief Financial Officer Jeremy South joined Steve Darling from Proactive to share news about the company's plan to hold a shareholder vote on June 24th in Mongolia regarding the proposed acquisition of Boroo Gold. If approved, the transaction will involve Steppe Gold acquiring Boroo Gold in exchange for issuing common shares, resulting in Boroo Singapore holding 55.9% of Steppe Gold's issued and outstanding common shares.
South highlighted the strategic benefits of the acquisition, including an increase in combined gold production to 90,000 ounces per annum by 2025 and 150,000 ounces of gold equivalent per annum by 2026. The transaction is expected to generate strong cash flow, enhance financial strength to support the ATO Gold Mine Pha...

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them The Company announces that on 13 May 2024, Ben Baxter, Chief Operations Officer and a Person Discharging Managerial Responsibilities, exercised nil-cost options over 101,126 ordinary shares of €0.001 each in the capital of the Company in accordance with the Restricted Share Awards and Deferred Bonus Awards that were granted to him on 28 April 2021. Full details of the Awards were included in a regulatory announcement released on 20 April 2021 and in the Company's 2021 Annual Report and Accounts. A total of 48,450 Shares will be issued to or purchased by the Company's Employee Benefit Trust for the benefit of Mr. Baxter. This represents the net number of Shares due t...

Dakota Gold Corp. is pleased to announce that all proposals were approved at the annual meeting of stockholders held on Tuesday, May 14, 2024 in Lead, South Dakota . A total of 56,478,574 or 66.65% of the Company's issued and outstanding shares were represented at the Meeting. The following nominees were elected as directors of the Company: For % For Withheld % Withheld Gerald Aberle 49,462,069 99.85% 74,946 0.15% Jonathan Awde 49,451,506 99.83% 85,509 0.17% Jennifer Grafton 42,436,612 85.67% 7,100,403 14.33% Amy Koenig 44,948,529 90.74% 4,588,486 9.26% Stephen O'Rourke 49,133,366 99.19% 403,649 0.82% Robert Quartermain 49,108,264 99.13% 428,751 0.87% Alice Schroeder 46,751,237 94.38% 2,785,778 5.62% Jonathan Awde, President, CEO and a director of Dakota Gold, stated, "I woul...

Firebird Metals Ltd. managing director Peter Allen sits down with Jonathan Jackson in the Proactive studio to discuss the company's visit to a large investor site visit in China, demonstrating significant progress and strategic advantages in the region. The primary focus was on Firebird's leading manganese sulphate team and their advancements in Jinshi, Hunan Province. Attendees toured the Pilot Plant and R&D centre for battery-grade manganese sulphate, the Jinshi Port and a proposed site for new processing facilities within the Jinshi High-Tech Industrial Park. Additionally, the visit included Canmax Technologies Co., Ltd's lithium hydroxide plant in Meishan, highlighting the project's strong local support and operational benefits in China. The company also revealed outc...

Pantoro Ltd. managing director Paul Cmrlec sits down with Proactive's Jonathan Jackson to chat about the increase of its institutional placement by 13.64% to $100 million due to high demand from new and existing, domestic and international institutional investors. This financial backing will support Pantoro's growth initiatives, including the development of the Scotia Underground Mine at the Norseman Project in Western Australia. Originally planned at $88 million, the increase will specifically help restructure the company's balance sheet and accelerate growth operations at the Norseman Project. The raised funds will be used to close out a US$29.6 million Term Loan Facility with Nebari Partners LLC, saving approximately A$18.5 million in principal and interest p...

Teako Minerals Corp. is pleased to announce that it has appointed Mr. Freddie Duncalf as the Company's Exploration Manager and a team of three junior and exploration geologists to work on its nation-wide project portfolio in Norway on a full-time basis. The Company also welcomes a strong team of Norwegian special advisors who will bring valuable expertise to various aspects of the Company's operations. Chief Executive Officer, Sven Gollan, comments: "On behalf of the Company, I would like to welcome our new advisors and geologists joining our team. Your expertise will undoubtedly prove invaluable as we navigate our operations in Norway". Highlights Teako appoints a team of in-house geologists on a full-time basis; Mr. Freddie Duncalf has been appointed as the Company's Explor...

CoTec Holdings Corp. is pleased to announce that it has completed a second and final closing of its previously announced non-brokered private placement of units at a price of $0.50 per Unit for gross proceeds of up to $3,000,000 . Each Unit consists of one common share in the capital of the Corporation and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at an exercise price of $1.05 for a period of 12 months following the issuance of the Units. Pursuant to the Closing, the Corporation issued a total of 1,005,000 Units for gross proceeds of $502,500, resulting in an aggregate total of 5,146,025 Units issued in the Private Placement for aggregate gross proceeds of $2,573,013.07. The Corporation will use the gross proceeds of the...

The Board of Directors and the management team of Element79 Gold Corp. extend their congratulations to Sun Silver Ltd. for their successful initial public offering today. The offering was oversubscribed to its maximum limit of AUD $13,000,000 and Sun Silver shares began trading on the Australian Stock Exchange under the symbol SSI. Sun Silver comes to market at a time of growing investor interest in the silver industry, driven by growing demand for the metal from industrial and high-tech applications particularly the solar industry. Solar energy capacity in the USA alone is forecast to increase by 125GW per year to 2030, and the USA has set a target for solar energy to provide 30 per cent of all electricity in the United States by 2030 and 45% by 2050. The estimated amount of...

Lexston Mining Corp. is pleased to announce that further to its news release dated April 26, 2024, it closed a non-brokered private placement of $419,960 through the issuance of 6,999,333 units at a price of $0.06 per unit . Each unit consists of one common share and one common share purchase warrant. Each common share purchase warrant entitles the holder to purchase one common share at a price of $0.08 for two years from the date of issuance and will expire on May 15, 2026. The Private Placement was oversubscribed by $19,960. Company's directors Jagdip Bal, Clinton Sharples and Jatinder J. Manhas participated in in the Private Placement and purchased a total of 1,973,334 units. The Company paid finder's fee consisting of 8% cash and 8% broker warrants from raised proceeds as...