Talon Metals Corp. reported a net loss for the three months ended March 31, 2024 of $0.3 million or nil per share , which was primarily the result of administration expenses offset by foreign currency gains. This compares to a net loss for the three months ended March 31, 2023 of $0.6 million or nil per share , which was primarily the result of administration expenses offset by interest income. Capitalized exploration and development costs and deferred expenditures on the Tamarack Nickel-Copper-Cobalt Project for the three months ended March 31, 2024 amounted to $6.8 million. This compares to $11.7 million for the three months ended March 31, 2023. The total capitalized exploration cost to the Tamarack Nickel-Copper-Cobalt Project to March 31, 2024 amounts to $211.7 million. C...

Brazilian Rare Earths Ltd. is pleased to announce that it has secured an official registration and consent from The Brazilian National Nuclear Energy Commission that allows BRE to export mineral products, including rare earths/monazite concentrates. The authorisation provides BRE with the approvals to export highgrade mineral samples to international laboratories for further test work and underpins future production scale exports, subject to regular local business and logistical procedures. BRE has also signed a non-binding MoU with INB, the state-owned Brazilian nuclear company, focussed on potentially valuable uranium co-products at BRE's rare earth projects across the Rocha da Rocha province. INB has responsibility for all aspects of production and commercialisation of nuc...

Denarius Metals Corp. announced today that it has filed its unaudited interim condensed consolidated financial statements and accompanying management's discussion and analysis for the three months ended March 31, 2024. These documents can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Denarius Metals is an emerging metals producer with two mines, Zancudo in Colombia and Aguablanca in Spain, marching toward the start of production within the next 12 months. In March 2024, the Company graduated its listing to Cboe Canada followed by a change of its trading symbol to "DMET". The Company continues to trade on the OTCQX in the ...

IberAmerican Lithium Corp. announced today that it has filed its unaudited condensed interim consolidated financial statements and accompanying management's discussion and analysis for the three months ended March 31, 2024 . These documents can be found on its website at www.iberamericanlithium.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca. All financial figures contained herein are expressed in Canadian dollars unless otherwise noted. The Company reported a net loss for the Quarter of $1.46 million ; and as at March 31, 2024, the Company had cash and cash equivalents of approximately $1.8 million . For the remainder of 2024, the Company will continue to work towards receipt of final permit approvals for the Alberta II and Carlota lithium projects in northwes...

Steppe Gold Ltd. is pleased to announce its financial results for the quarter ended March 31, 2024. HIGHLIGHTS First Quarter Highlights Revenue for the three months ended March 31, 2024 amounted to $7,971 on sales of 3,723 gold ounces and 19,506 silver ounces, respectively. Average realized prices for the three months ended March 31, 2024 were $2,043 per gold ounce and $19 per silver ounce, respectively. Operating profit from mine operations before depreciation and depletion for the three months ended March 31, 2024 was $4,324. Adjusted EBITDA after payments made pursuant to the metals purchase and sale agreement with Triple Flag Finance Bermuda Ltd. for the three months ended March 31, 2024 was negative $309. Site All in Sustaining Cost was $945 per ounce sold for the quarte...

SolGold is pleased to announce the release of the Company's financial results for the third quarter ended 31 March 2024. The full financial report is available here: http://www.rns-pdf.londonstockexchange.com/rns/6938O_1-2024-5-16.pdf Furthermore, the Company advises that the Company's website also contains access to additional information required to be filed on SEDAR+ in Canada in connection with the Company's quarterly financial period ended 31 March 2024. The Management Discussion and Analysis report is available here: http://www.rns-pdf.londonstockexchange.com/rns/6938O_2-2024-5-16.pdf Highlights of the Period Include: Completion of the updated Cascabel Pre-Feasibility Study : The updated PFS incorporates a phased approach plan, significantly reducing initial capital costs. Key figure...

GFM Resources Ltd. is pleased to the results of its annual general meeting of shareholders, celebrated on May 14, 2024 . The following directors were elected at the AGM: James Robertson, Pedro Rivero González, Esteban Rivero González, and Roberto Rivero Larrea. Davidson & Company LLP, Chartered Professional Accountants, were ratified as auditors of the Corporation for the ensuing year. The shareholders of the Corporation also ratified the continuation of the rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the Plan. Following the AGM, the board made the following officer appointments: Mr. Pedro Rivero González as Chairman and Chief Executive Officer, Mr. Roberto Rivero Larrea as President, and Mr. S...

COMPANY'S SHARES As announced on 15 April 2024, Horizonte Minerals Plc has been unable to secure interest in the full financing needed to complete its 100% owned Araguaia Nickel Project . After a period of discussions with secured creditors, and existing and new potential investors on alternative scenarios with a view to a potential restructuring solution to attempt to achieve the best possible recovery for the Company's creditors while minimising potential liabilities, the Board has now regrettably concluded that Horizonte should be placed into administration in order to seek to preserve the value of the business for creditors and other stakeholders. Accordingly, the Board has resolved to appoint Geoff Rowley and Chad Griffin of FRP Advisory as administrators and is in the p...

US Copper Corp. is pleased to announce results from the 15-hole shallow drill program last fall on its Moonlight deposit at the Moonlight-Superior Copper Project in North-East California. Highlights Mineralized drill hole intercepts were submitted for sequential copper assays, and acid soluble copper was identified in 14 of 15 holes, including one intercept of 205 feet of 0.644% recoverable copper; Results confirmed a small oxide cap covers the large Moonlight sulfide deposit. This cap had been considered waste rock by previous operators; Soluble copper averaged 91% of total copper; and Acid soluble copper greater than 0.2% occurs over an area of 2,000 ft by 1500 ft to an average depth of greater than 150 ft. These results are now being reviewed by an independent engineering ...

Discovery Silver Corp. today announced the results of voting at its Annual General Meeting held today. Shareholders voted in favour of the election of all director nominees: Murray John ; Tony Makuch; Jeff Parr; Moira Smith; Daniel Vickerman; Jennifer Wagner; and Barry Olson. Details of the votes are set out below: Nominee Votes For % For Votes Withheld % Withheld Murray John 189,120,043 99.21 1,504,559 0.79 Tony Makuch 187,908,112 98.57 2,716,490 1.43 Jeff Parr 189,170,054 99.24 1,454,548 0.76 Moira Smith 189,201,624 99.25 1,422,978 0.75 Daniel Vickerman 189,170,711 99.24 1,453,891 0.76 Jennifer Wagner 166,845,268 87.53 23,779,334 12.47 Barry Olson 188,802,948 99.04 1,821,654 0.96 Shareholders also voted in favour of appointing PricewaterhouseCoopers LLP, Chartered Accountan...

Aztec Minerals Corp. announces that, subject to the approval of the TSX Venture Exchange , it will extend the expiry date of certain outstanding share purchase warrants of the Company. A total of 11,388,089 share purchase warrants were originally issued by the Company pursuant to the closing of a private placement on June 6, 2022. As issued, each Warrant entitles the holder to purchase one common share of the Company at a price of $0.40 per share until June 6, 2024. None of the Warrants have been exercised to date. The Company is seeking the approval of the Exchange to extend the expiry date of the Warrants to December 6, 2025. All other terms and conditions of the Warrants will remain the same. About Aztec Minerals - Aztec is a mineral exploration company focused on two emer...

Excellon Resources Inc. is pleased to announce that, further to the Company's news releases dated April 4, 2024 and April 15, 2024, it has closed the final tranches of its previously announced non-brokered private placement offering of units of the Company , pursuant to which the Company sold an additional 3,414,555 Units at a price of $0.18 per Unit for additional aggregate gross proceeds to the Company of approximately $614,620. Under the Offering, the Company sold a total of 7,356,632 Units at a price of $0.18 per Unit for aggregate gross proceeds to the Company of approximately $1,324,194. Each Unit was comprised of one common share in the capital of the Company and one common share purchase warrant of the Company . Each Warrant entitles the holder thereof to acquire one C...

VANCOUVER, BC, May 15, 2024 /CNW/ - May 16, 2025 - Sydney, Australia Highlights Continued strong lithium mineralization over wide intervals from infill drilling at CV5. 122.5 m at 1.42% Li2O, including 35.8 m at 2.15% Li2O . 71.4 m at 1.57% Li2O, including 14.2 m at 3.15% Li2O . 68.7 m at 1.56% Li2O and 22.5 m at 1.04% Li2O . 74.9 m at 1.28% Li2O, including 28.1 m at 2.28% Li2O . 53.0 m at 1.22% Li2O, including 25.0 m at 1.65% Li2O . The focus of the 2024 winter drilling at CV5 was to support an upgrade in mineral resource confidence, from the inferred category to the indicated category, targeting release in Q3 2024 inclusive of a maiden CV13 resource. Multiple holes remain to be reported targeting the newly discovered high-grade zone at CV13, with the Company to report the assay results a...