Arras Minerals Corp. is pleased to announce the commencement of a regional field program across the more than 3,300 square kilometre license package it controls in Pavlodar, Kazakhstan. Highlights of the Planned 2024 Regional Field Program: The 2024 Exploration program will target licences associated with the Teck Strategic Alliance, and Arras's 100% owned Elemes and Tay projects. An extensive airborne and ground geophysics program, followed by a mapping, soil sampling and drill program over the Package A and Package B Licences under the Strategic Alliance with Teck Resources Limited . A geophysics and detailed mapping program followed an initial diamond drill program targeting the Berezski and Aimandai copper targets located within the Elemes Project. An initial scout KGK pr...

American Lithium Minerals is pleased to announce that a settlement has been reached concerning overstaking of 50 of its placer mining claims at Sarcobatus, Nye County, Nevada. Under the settlement agreement, the other claimholder is withdrawing its conflicting claims, resulting in unencumbered ownership of the AMLM Sarcobatus Lithium Project. As previously reported, an individual from Utah overstaked much of the Company's Sarcobatus claim block in 2022, well after the AMLM claims were staked in 2021. The conflicting claims were then leased by the Utah overstaker, along with many other claims, to a subsidiary of Loyal Lithium Ltd. Loyal Lithium was made aware of the situation and had done no drilling on the conflicting claims. The settlement avoids the need to pursue litigation, and clears ...

Filo Corp. announces that notice has been provided by NGEx Minerals Ltd. and Lundin Mining Corp. to jointly buy-back two thirds of the existing 3% Net Smelter Royalty attached to three mineral claims in San Juan Province, Argentina which cover NGEx's Lunahuasi and Lundin Mining's Cumbre Verde copper-gold-silver projects. In consideration for the joint repurchase, Filo will receive $2M cash consideration, and following the closing of the transaction, Filo retains a 1% NSR over the claims. View PDF Commenting on the release, Jamie Beck, President, and CEO stated, "In 2018, we entered into an asset purchase agreement between the Argentine subsidiaries of Filo and NGEx's predecessor, to transfer some mineral claims in order to facilitate the future development of the...

Steppe Gold Ltd. is pleased to announce that it has filed with the applicable Canadian securities regulatory authorities the management information circular dated May 8, 2024 and related meeting materials of Steppe Gold for use at the annual general and special meeting of Steppe Gold shareholders to be held in connection with the proposed transaction with Boroo Gold LLC and Boroo Pte Ltd. , or one of its affiliates, as previously announced on April 11, 2024 . Steppe Gold has also mailed copies of the Meeting Materials to Shareholders entitled to vote on the Transaction at the Meeting. At the Meeting, Shareholders will be asked to consider and, if deemed advisable, to approve the Transaction. If the Transaction is completed: Steppe Gold will acquire all of the issued and outst...

Key Financial Developments The Board of Directors of SolGold is pleased to share the substantial progress made in our financial initiatives. Management is currently in detailed discussions with capital providers who have shown a strong interest in committing to a robust, longer-term financing package for the Cascabel Project . This proposed Financing is projected to cover a significant portion of the estimated initial capital development costs of the Project, highlighting its position as a Tier 1 asset and a premier investment opportunity. In parallel, SolGold has secured a US$10 million loan facility . The Loan Facility provides an immediate cash infusion of US$10 million to support the Company's ongoing operations. Executed under customary terms and conditions appropriate for a loan faci...

NGEx Minerals Ltd. is pleased to report its results for the three months ended March 31, 2024. View PDF Operating highlights for the three months ended March 31, 2024, and subsequent period thereto, include the following, details of which are discussed further below: Recently completed drill program at Lunahuasi successfully confirms size and grade potential of deposit; Assays to date continue to deliver bonanza-grade intersections, such as DPDH009 returning 62.0 metres at 6.98% copper equivalent , including 26.1 metres at 13.36% CuEq, and DPDH014 returning 184.2 metres at 4.61% CuEq, including 23.0 metres at 23.02% CuEq; In addition, drilling to date has also intersected longer intervals of mineralization at elevated grades, such as DPDH013, which intersected 509.4 metres at...

Tuktu Resources Ltd. announces that it has agreed to a $1.2 million loan evidenced by an interest free, senior secured promissory note , from an arm's length third party. The loan proceeds will be used to fund a deposit with the Alberta Energy Regulator , required as a condition of the licence transfers for certain asset acquisition transactions announced on March 21, 2023 and October 18, 2023 . Once the AER Deposit is posted, it is expected that the final closing of Acquisition 3 will occur shortly thereafter . The Deposit amount will be held by the AER in an interest-bearing trust account and may be returned to the Company in the future once applicable regulatory requirements have been met. The key terms of the Promissory Note are summarized below: The Promissory Note is in ...

Aberdeen International Inc. announces that it has sold 5,217,000 common shares of AmmPower Corp. during the period March 20, 2024 to May 13, 2024, which has resulted in Aberdeen's ownership being reduced by 19.7%. As of the date hereof, Aberdeen holds 21,217,925 common shares of AmmPower, representing 13.17% of the issued and outstanding shares of Ammpower. The Company reviews its holdings from time to time and may increase or decrease its position as future circumstances may dictate. This news release is being issued in accordance with National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated May 13, 2024. The early warning report respecting the occurrence giving...

Gold Royalty Corp. is pleased to announce the filing of its operating and financial results for the three months ended March 31, 2024. All amounts are expressed in U.S. dollars unless otherwise noted. David Garofalo, Chairman and CEO of Gold Royalty, commented: "We are proud to have delivered on another growth milestone in the first quarter, generating positive operating cash flow for the first time. Our recent acquisitions, royalty generator model, and existing flagship royalties fueled our record revenue this quarter. We also continued to lower our cost profile compared to the prior year. With the gold price near all-time highs and the ramp up of the Côté Gold Mine in the second half of 2024, we expect to see continued royalty revenue growth through the remain...

Gold Hunter Resources Inc. is pleased to announce a significant strategic enhancement of its financial position. By distributing its stock holdings in FireFly Metals Ltd. to long-term, supportive shareholders of FireFly, Gold Hunter has added CAD$3.7 million to its treasury, strengthening our ability to pursue new opportunities and advance our current projects. We are pleased to inform shareholders that the distribution of their FireFly shares will commence on May 24th, 2024 , in which the Transfer Agency will start issuing Holding Statements to all shareholders of the Record Date. At today's FireFly share price, the value of Gold Hunter investors' share positions are estimated to be over AUD$21.3 million. Gold Hunter takes this opportunity to reiterate its unwavering support...

Consolidated Production of 1.8 million AgEq oz. 2024 Guidance Reaffirmed Andean Precious Metals Corp. is pleased to report its operating highlights and financial results for the three months ended March 31, 2024. All amounts are in United States Dollars unless otherwise stated. This news release should be read together with Andean's management discussion and analysis and condensed interim financial statements for the three months ended March 31, 2024 which are available under the Company's profile on SEDAR+ . First Quarter 2024 Highlights The Company produced a total 1.8 million silver equivalent ounces 1, an 82% increase from Q1 2023 Golden Queen production exceeded the Company's expectation by producing a total of 11,490 AuEq oz or 1.0 Moz AgEq despite the fire incident tha...

Pacific Bay Minerals Ltd. is pleased to announce the closing of a first tranche of its non-brokered private placement , previously announced on March 18, 2024 and March 26, 2024, issuing a total of 2,600,000 units at $0.05 per Hard Unit, and 1,178,144 flow-through units at $0.07 per Flow-Through Unit, for aggregate total gross proceeds of $212,470. Each Hard Unit consists of one common share and one common share purchase warrant , and each Flow-Through Unit consists of one flow-through common share ) and one Warrant issued on a non-flow- through basis. Each Warrant is exercisable into one additional common share in the capital of the Company at an exercise price of $0.08 for a period of twenty-four months from the date of issuance. The Company also announces it has received a...

KWG Resources Inc. , which carries on business as The Canadian Chrome Company is pleased to announce a proposed private placement of up to $2 million of Series CD-2024 convertible debentures . The Debentures will be repayable at the Company's option at any time in whole or in part in cash on not less than 30 days' notice or convertible into units at the Company's option at any time after the first anniversary of the date on which the first Debenture of the Series CD-2024 Debentures is issued or at the holder's option at any time prior to payment in cash, in either case by the issuance of Units at a deemed value of $1.20 per Unit. The Debentures will mature March 31, 2028 and bear interest at 5% per annum, accruing daily, compounding annually on March 31 of each year and payab...