Sirios Resources Inc. is pleased to provide the final analytical results from the 3,200 metre winter 2024 drilling program in the Eclipse Area of the Cheechoo gold project located in Eeyou Istchee James Bay, Quebec. The drill program successfully confirmed the continuity of the Eclipse Zone, significantly extended the zone at depth and intersected gold in new areas outside the main Eclipse Zone. Drill Result Highlights: 105.21 g/t Au over 0.8 m, included in 14.16 g/t Au over 6.4 m 24.42 g/t Au over 1.0 m, included in 3.89 g/t Au over 7.0 m 12.82 g/t Au over 0.8 m * 28.47 g/t Au over 1.0 m * 10.64 g/t Au over 1.5 m * 4.05 g/t Au over 3.8 m 47.65 g/t Au over 0.9 m, included in 4.48 g/t Au over 10.5 m *Outside the main Eclipse Zone All drill holes intersected the Eclipse Zone, c...

Aclara Resources Inc. is pleased to announce the closing of the acquisition by CAP S.A. of its 20% equity ownership interest in REE Uno SpA , the Company's Chilean subsidiary that owns the Penco Module project, and receipt by the Company of the initial payment of approximately US$9.7 million in connection with such acquisition. The acquisition is made pursuant to the terms of the previously announced investment agreement entered into between CAP and Aclara on March 13, 2024 . Under the terms of the Investment Agreement, payments are to be made in three tranches, of which the remaining two tranches in the amounts of US$12.5 million and US$6.9 million are to be made in January of 2025 and 2026, respectively. Transaction Summary A US$29.1 million capital contribution by CAP into...

First Phosphate Corp. CEO John Passalacqua and Vice President of Government Relations Armand Mackenzie joined Steve Darling from Proactive to announce the company and the local First Nations, Pekuakamiulnuatsh Takuhikan have announced the signing of a collaboration agreement with respect to its proposed phosphate mine and Lithium Iron Phosphate cathode active material plant project in the Saguenay-Lac-Saint-Jean Region of Quebec, Canada.
The agreement sets out guidelines regarding employment opportunities, business horizons, environmental protection across the Nitassinan or ancestral lands , harmonization of exploration work with the members of the First Nation who occupy the Nitassinan, and the supervision of future work.
Future access to the industrial park at Mashteuiatsh ...

Fathom Nickel CEO Ian Fraser joined Steve Darling from Proactive to unveil the results of the Q1 drill program conducted at the company's Albert Lake Project. The program, characterized by the drilling of 6 holes totaling 1,386 meters, has yielded promising outcomes, with drillhole AL24077 intersecting 0.42% nickel over a significant intersection of 2.01 meters.
A key highlight emphasized by Fraser is the nickel mineralization's host rock: orthopyroxenite. This particular geological formation is integral to the host rock assemblage identified at the nearby Rottenstone deposit, renowned for its exceptionally high-grade nickel, copper, and platinum group elements . The proximity of the mineralization to the historic Rottenstone deposit, located approximately 1.2 kilometers to t...

Vega Mining Inc. announces that the previously announced consolidation of the Company's outstanding common shares on the basis of two pre-consolidation shares for one post-consolidation share has become effective on April 16, 2024 . As a result of the Consolidation, the number of issued and outstanding common shares of the Company has been reduced from 45,039,055 to approximately 22,519,528, subject to adjustment for rounding . No fractional shares will be issued in connection with the Consolidation. If a holder of Shares would otherwise be entitled to a fractional share, any fractional Post-Consolidation Share that is less than ½ of a share shall be cancelled and any fractional Post-Consolidation Share that is at least ½ of a share shall be rounded up to one whole share. No ...

PJX Resources Inc. is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement. A total of 2,500,000 units of the company were issued at a price of $0.20 per unit for aggregate gross proceeds in the second tranche of $500,000. Combined with the first tranche closing previously announced in a press release of the Company dated April 15, 2024, a total of 13,611,111 units of the Company have been issued for total gross proceeds of C$3.6 million . Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant . Each whole Warrant acquired as part of a Unit in the second tranche closing will entitlethe holder to purchase one common share at an exercise priceof $0.40 for 24 mont...

Valhalla Metals Inc. is providing an update on the Ambler Mining District Access Road. The proposed Ambler Access Road is planned to cross Valhalla State mining claims at the Sun project and would unlock a host of critical and strategic metals located in the Ambler Mining District - all metals necessary for the green energy and transportation transition and to ensure a secure domestic supply chains for these metals. On April 16, 2024, AIDEA - the Alaska Industrial Development and Export Authority issued a press release in response to anonymously leaked media reports indicating the Department of Interior plans to block access to the Ambler Mining District by issuing a "no action alternative" decision. In its press release, AIDEA strongly urges the Department of Interior to com...

InZinc Mining Ltd. is pleased to report barite results from 2022 diamond drilling in the Keel area at the Indy project located 90 kilometres southeast of Prince George in central British Columbia, Canada. Barite mineralization, recently discovered at Keel in 2023 drilling , is also found at many of the world's largest Sedex deposits. The discovery of abundant barite at Indy is an exciting and important development, improving the potential for discovery of district-scale Sedex deposits . Additional barite results are pending and will provide further insight into barite distribution and its link to Sedex mineralization at the 30 km long Project. The Company is also currently renewing its drill permit for a 5-year term. New results include high grade barite in core at the southe...

PTX Metals Inc. is pleased to announce that the Company has closed the first tranche of a non-brokered flow-through private placement raising $300,000 consisting of 7,500,000 units at a price of $0.04 per unit . The Company expects to close a final tranche of the FT Units Offering raising a total of $750,000. The use of proceeds will be used to complete an exploration target based on the historical and current drilling at W2 , to commence a Phase 2 drilling program at W2 and a program of prospecting and sampling. Each FT Units Offering consists of one common share in the Capital of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one half of one common share purchase warrant . Each Warrant shall be exercisable into one non-flow-th...

Eastfield Resources Ltd. has recently increased the Zymo Property claim holding by staking an additional 5,284 hectares to total 18,184 ha. Zymo lies approximately 45 km west of the town of Smithers, B.C. and is accessible by logging haul roads. Previous exploration on the Project has seen expenditures of approximately $5M since 2007 which has resulted in the outline of an 8 km x 2 km open ended IP chargeability anomaly that encloses several zones of copper-gold mineralization related to Jurassic/Cretaceous intrusions. The most advanced mineralized zone is the Hobbes Zone, near the western end of the IP anomaly. This zone was discovered by prospecting magnetic features and the strongly potassium altered outcrop is a beautiful illustration of the style of mineralization which ...

17 April 2024 - Newlox Gold Ventures Corp. | | , a trailblazer in environmentally conscious mining practices, is pleased to provide an update on commissioning at Project 2; the Boston Clean Gold Project. Ryan Jackson, CEO, is pleased to announce that the Company has started feeding mineralized material through it's second, larger, plant in Costa Rica. The Project will process feedstock freshly extracted from the Boston Mine by the Company's local mining partners. At full capacity, the new Boston mill will handle up to 150 tonnes per day of material grading +/- 15 grams per tonne of gold, with an expected gold recovery rate of at least 90%. All feedstock will be supplied by the Company's local mining partners, with profits to be shared equally between the parties after expense...

Royal Gold Inc. announced today its guidance for calendar year 2024 total stream and royalty sales volume, depletion, depreciation and amortization expense , and effective tax rate, as well as an update on the recent repayment of outstanding borrowings. 2024 Guidance Sales guidance for 2024 is provided on a sales volume basis to improve transparency and avoid the effect of volatile commodity prices in the conversion of revenue to gold equivalent ounces. Sales volume for stream agreements represents physical metal sold, and sales volume for royalty agreements represents royalty revenue received divided by the average metal price for the relevant period. Royal Gold expects 2024 sales volume, DD&A and effective tax rate to be as follows: 2024 Guidance January 1 - December 31, ...

Metallis Resources Inc. announces the closing of its over-subscribed non-brokered private placement . Details announcing the Financing can be found in the Company's previous News Release dated March 14, 2024. Total proceeds from the Financing are $514,195, resulting in the issuance of 7,910,691 shares at a price of $0.065 per share. Proceeds from the Financing will be used for general corporate purposes and the first phase exploration of the Greyhound Property. This planned program will comprise geological mapping, geochemical soil sampling, trenching/ chip sampling and airborne geophysical surveys which will lead to the identification of potential targets for future drilling. The Company has received regulatory approval from the TSX Venture Exchange for the Financing, and al...