Commodity 2
Lorem ipsum dolor sit amet consectetur. Iaculis morbi a purus donec faucibus condime...
January 24, 2025
Commodity
All-cash offer of $1.67 per share representing a 58% premium to O3 Mining's closing price on December 11, 2024 Agnico Eagle has satisfied the minimum tender condition and has taken-up and acquired 94.1% of the outstanding O3 Mining shares S
January 24, 2025 (The Assay) - Dynasty Gold Corp. (TSXV: DYG | FSE: D5G1 | OTC: DGDCF) has released additional drill results for its 2,673m drill programme completed in 2024 at the Thundercloud property, located in the Archean Manitou-Stormy Lakes Gr
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , Jan. 24, 2025 /CNW/ - Global Atomic Corporation (" Global Atomic " or the " Company ") (TSX: GLO ) (OTCQX: GLATF) (FRANKFURT: G12
January 23, 2025
January 23, 2025 10:06 AM Eastern Standard Time TORONTO--( BUSINESS WIRE )-- Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) announces the results of the recent underground drilling at Shaft 1, at levels 1, 3 and 4 at
Highlights Winsome has submitted the Preliminary Information Statement for the Adina Lithium Project (including the Renard Operation) with the Quebec authorities. This filing officially commences a well defined provincial regulatory process in the Eeyou Istchee James Bay region associated with permitting the proposed mine at Adina, as well as the proposed modifications to the Renard Operation. Following review of the Preliminary Information Statement over upcoming months, the Quebec authorities will provide guidelines on the nature and scope for the future filing of the Environmental and Social Impact Assessment ( ESIA ), including the required studies in support of the ESIA. The Company has a substantive dataset to inform the studies typically prescribed by the Québec authorit
All-cash offer of $1.67 per share representing a 58% premium to O3 Mining's closing price on December 11, 2024 Agnico Eagle has satisfied the minimum tender condition and has taken-up and acquired 94.1% of the outstanding O3 Mining shares Shareholders who have not already tendered should do so as soon as possible to take advantage of the significant offer as their brokers, banks or other intermediaries likely have tendering cut-off times well in advance of the expiry time of 11:59 p.m. (EST) on February 3, 2025 Tender your shares today for prompt payment . Contact Laurel Hill Advisory Group for assistance at 1-877-452-7184 or email assistance@laurelhill.com (All amounts expressed in Canadian dollars unless otherwise noted) TORONTO , Jan. 24, 2025 /CNW/ - A
January 24, 2025 (The Assay) - Dynasty Gold Corp. (TSXV: DYG | FSE: D5G1 | OTC: DGDCF) has released additional drill results for its 2,673m drill programme completed in 2024 at the Thundercloud property, located in the Archean Manitou-Stormy Lakes Greenstone belt. The July drilling has successfully tested the extensions for the eastern limits of the defined mineralization in the Pelham Zone. Additional assays for 19.5m (120 to 139.5m) in hole DP24-02 were received, which combined with previous assays, returned 42m of 3.03g/t Au within a broader zone of 94.5m of 1.61g/t Au, 45m from surface, with consistent high-grades running between 5-8g/t Au and to up to 24.53g/t Au
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , Jan. 24, 2025 /CNW/ - Global Atomic Corporation (" Global Atomic " or the " Company ") (TSX: GLO ) (OTCQX: GLATF) (FRANKFURT: G12) is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds of its previously announced non-brokered private placement (the " Offering ") from C$30,000,000 to C$36,000,000 . Under the revised Offering, the Company will sell up to 45,000,000 units of the Company (each, a " Unit ") at a price of C$0.80 per Unit. Red Cloud Securities Inc. and Canaccord Genuity Corp. are acting as finders in connection with the Offering. Each Unit will consist of one common share of the Company (each,
January 23, 2025 10:06 AM Eastern Standard Time TORONTO--( BUSINESS WIRE )-- Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) announces the results of the recent underground drilling at Shaft 1, at levels 1, 3 and 4 at the Kombat mine. The Company also wishes to address a correction to language used in its previous press release dated January 20, 2025. These confirmation holes were targeting orebodies adjacent to historic workings and close to existing underground development. True intercept width is unknown. The holes listed below have extended the known mineralization and mineable tonnes in the upper levels at Shaft 1 (see Figure 1, 2 and 3). “Trigon’s management team continues to advance the sale of the Kombat Mine to Horizon Corporation Ltd.” Post thi
Highlights Midlothian: entire mineralized core length of 470 metres of 0.31% nickel, including 13.5 metres of 0.41% nickel in hole MID24-15 Bannockburn : All eight holes yielded well-mineralized intervals with five of eight holes containing intervals > 0.3% nickel. Deloro : All eleven holes intersected well-mineralized intervals including hole DEL24-28 with 371 metres of 0.27% nickel including 39 metres of 0.30% nickel Nesbitt : Drilling resumed with 382 metres of 0.22% nickel, including 27 metres of 0.27% nickel intersected in NES24-13 An additional regional resource to be published - total of eight resources by mid-2025 TORONTO , Jan. 23, 2025 /CNW/ - Canada Nickel Company Inc. (" Canada Nickel " or the " Company ") (TSXV: CNC ) (OTCQX: CNIKF) is pleased to announce add
TORONTO , Jan. 23, 2025 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD ) (OTC: MPVD) today announces production and sales results for the fourth quarter ended December 31, 2024 ("the Quarter" or "Q4 2024"), and for the full-year 2024 ("FY 2024") from the Gahcho Kué Diamond Mine ("GK Mine"). All figures are expressed in Canadian dollars unless otherwise noted. FY 2024 Highlights In 2024, approximately 2.7 million carats were sold at an average value of $98 per carat ( US$72 per carat) for total proceeds of $267.7 million (US195.2 million). This compares to 2.7 million carats sold at an average value of $121 per carat (US$90 per carat) for total proceeds of $328.6 million ( US$243.8 million ) in FY 2023. FY 2024 production of 4.66 millio
VANCOUVER, British Columbia, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) (the “Company” or “Blackrock”) is pleased to announce that it has entered into an agreement with Raymond James Ltd. (“ Raymond James ”), as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively the “ Underwriters ”) pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 27,800,000 units of the Company (“ Units ”) at a price of $0.36 per Unit (the “ Issue Price ”) for gross proceeds of $10,008,000 (the “ Offering ”). THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UN
VANCOUVER, British Columbia, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company") announced today that it’s wholly owned subsidiary, Mangan Chvaletice s.r.o. (“Mangan Chvaletice”), has secured the Determination of Mining Lease permit (the “Permit”), marking the next critical milestone towards the development of the Chvaletice Manganese Project (the "Project") in the Czech Republic. The Permit, issued by the District Mining Authority for the regions of Hradec Králové, Pardubice, Liberec, and Vysocina, represents one of the most significant approvals in the Company’s journey towards full project permitting. Effective 23 January 2025, the Permit replaces all prior authorizations and has no expiration date. It provides Mangan
TORONTO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (“Belo Sun” or the “Company”) (TSX:BSX, OTCQB:BSXGF) reports that the Federal Court of Appeals in Brasília (TRF1) has unanimously ruled that the Secretariat of Environment and Sustainability of the State of Pará (SEMAS) will be the competent authority for the environmental permitting process of the Volta Grande Gold Project (“PVG”) going forward. This decision reverses the decision made in September 2023 by the TRF1 that designated the Federal Brazilian Institute of the Environment (IBAMA) as the competent authority for the environmental permitting process of PVG (see press release dated September 12, 2023). The written ruling will be published in the coming days. Prior to the decision in September 2023, SEMAS had been con
TORONTO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) (" Giyani " or the " Company "), developer of the K.Hill battery-grade manganese project in Botswana (" K.Hill " or “ the Project ”), is proud to announce that it has secured a 50-year Special Economic Zone ( “SEZ” ) Investor License (the “ SEZ License ”) for its battery-grade manganese (HPMSM) commercial plant (“ Commercial Plant ”) site to be built in Botswana. Highlights: Giyani has been awarded, to its wholly-owned Botswanan subsidiary Thabatala Technology Company Proprietary Limited (“ Thabatala ”) a 50-year SEZ License for its Commercial Plant via applying to a rigorous Government led process where its environmental, economic and social credentials were reviewed by the Special Economic Zone Autho
TORONTO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce further assay results from its definition diamond drilling program in the potential Santa Barbara starter pit area in the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. To date 5145.8m of diamond drilling have been completed in ten (10) holes. PQ core size has been used for all holes in this program to obtain larger, more representative core samples. Tin mineralization is hosted in an extensive intrusion breccia unit (TIB) that is approximately 750m long by 450m wide and extends to a depth of at least 700m. Previous wide space reconnaissance drilling has intersected a number of
VANCOUVER, BC , Jan. 23, 2025 /CNW/ - Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) (" Getchell " or the " Company ") is pleased to announce positive results from the independent Preliminary Economic Assessment ("PEA") completed on the Company's 100%-owned Fondaway Canyon gold project ("Fondaway Canyon" or "Project") in Nevada . Based on mineral resources drilled to date and limiting the scope of the PEA to the mineral resources in the Central Area of the Project, the PEA outlines an open pit mining and conventional 8,000 tonne per day ("tpd") milling operation with an initial planned mine life of approximately 10.5 years. The PEA contemplates the production and sale of a high-grade concentrate to a local 3 rd party refinery for pressure oxidation or roas
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2025) - Southern Silver Exploration Corp. (TSXV: SSV) (the "Company" or "Southern Silver") reports that it has revised the terms of its previously announced non-brokered private placement. The private placement will now consist of 14,000,000 units at $0.18 for gross proceeds of $2,520,000 (the "Offering"). Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder thereof to purchase one common share for a period of 3 years at a price of $0.28. The Company may pay finders' fees comprised of cash and non-transferable warrants in connection with the Offering, subject to compliance with the policies of the TSX Venture Exchange. All securities issued and sold un
North Vancouver, British Columbia--(Newsfile Corp. - January 23, 2025) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company ") is pleased to report significant new high-grade gold results from 3,866.8 metres of infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The drilling is focused on Zone 5 and includes the Zone's best assay result to-date of 2,749.86 g/t of gold over 0.3 metres (88.42 oz/t of gold over 1.0 feet). All drilling was completed from existing near surface underground workings. The Company intersected high-grade mineralized structures in 24 holes drilled up-dip, down-dip, and south along strike of the UR2 and URW3 lodes where current mining activities are in progress. 17 holes intersected multiple high-
Expands Recently Discovered High-Grade Breccia System 130 Metres North-Northeast; System Remains Open in All Directions Toronto, Ontario--(Newsfile Corp. - January 23, 2025) - ATEX Resources Inc. (TSXV: ATX) (" ATEX " or the " Company ") is pleased to announce partial assay results for drill hole ATXD23A, the first hole from its Phase V drill campaign at the Valeriano Copper-Gold Project (" Valeriano " or the " Project ") located in Atacama Region, Chile. Drilling commenced, with three diamond drill rigs, in mid-October 2024 and scaled up to five rigs in early January 2025. Highlights include : ATXD23A intersected 152.0 metres of 2.03% CuEq (1,2) (1.52% Cu, 0.75 g/t Au, 0.83 g/t Ag and 40.93 g/t Mo) within a broader interval of 342.0 metres of 1.48% CuEq (1.05% Cu, 0.47 g/t
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce positive drilling results from its comprehensive 2024 exploration program at its San Dimas Silver and Gold Mine in Durango, Mexico. The 2024 drilling program intersected significant silver and gold mineralization in multiple veins across the San Dimas property. The drilling results successfully expanded Mineral Resources and will convert Inferred Mineral Resources to Indicated Mineral Resources, and ultimately to Mineral Reserves. "At the beginning of the year we planned a robust exploration program at our San Dimas mine which has returned impressive results," stated Keith Neumeyer, President & CEO of Fi
Solid Project Economics After tax NPV 8% of USD 243 million 1 Internal rate of return (IRR) of 20.8% Operating costs of USD 32.2 /lb U 3 O 8 LOM AISC (all-in sustaining costs) of USD 47.3 /lb U 3 O 8 2 Significant leverage to higher uranium prices, with an additional USD 45 million added to NPV for every USD 5 /lb increase in U 3 O 8 prices Production averaging 2.2 million pounds U 3 O 8 per annum over 12 years LOM of 12 years based on Probable Mineral Reserves in two deposits, and further potential for upgrading Inferred Resources, exploration, and mining of three satellite deposits Low Technical Risk Shallow open pit mine and heap leaching with industry-standard, conventional processing methods Excellent local infrastructure with road access, water and grid power
January 23, 2025 08:00 AM Eastern Standard Time PHOENIX--( BUSINESS WIRE )--Freeport (NYSE: FCX) today announced that it has posted its fourth-quarter and year ended 2024 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases . As previously indicated on its website, FCX will host a conference call today with securities analysts at 10:00 a.m. Eastern Time to discuss quarterly and year end results. The conference call will be webcast on the Internet along with slides. Interested parties may listen to the conference call live and view the slides on the Investor Relations page of FCX’s website at https://investors.fcx.com/investors/presentations . A replay of the webcast will be available throu
January 23, 2025 (Australian Mining) - Cyprium Metals has formed an alliance with Macmahon Holdings to accelerate the redevelopment of the Nifty copper complex in Western Australia. Under the agreement, Macmahon will lead and contribute internal resources to complete Nifty’s bankable feasibility study (BFS), which will build off the Nifty pre-feasibility study released in November 2024. Macmahon is expected to contribute internal engineering, planning, estimation and project management resources needed to complete the BFS and restart copper production at Nifty. The BFS is subject to an early contractor involvement (ECI) contract. The contract’s scope includes Macmahon leading Nifty site operations to accelerate scoping of feasibility studies and refurbishment programs. Upon execu