Commodity 2
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November 20, 2024
Commodity
Highlights: Mine plan optimized with reduced strip ratio bringing additional 78k ounces of palladium, 34k ounces of Platinum and 2M lb of Copper in the first 3 years Estimated $190M in additional payable revenues 1 and operating cost benefi
TORONTO , Nov. 20, 2024 /CNW/ - 1911 Gold Corporation ("1911 Gold" or the "Company") (TSXV: AUMB ) (OTC: AUMBF) is pleased to report an updated underground Mineral Resource Estimate ("MRE") for the True North Gold Project, located within the C
In the presence of the President of Ghana, Akufo-Addo, and the Chinese Ambassador to Ghana Tong Defa, a ceremony was held recently on November 8 to mark the commissioning and first gold pour at Shandong Gold’s Cardinal Namdini gold project, which is
~ Result includes 0.42m of 2808 g/t AgEq* ~ VANCOUVER, BC / ACCESSWIRE / November 20, 2024 / Guanajuato Silver Company Ltd. (the " Company " or " GSilver ") ( TSXV:GSVR)(OTCQX:GSVRF ), a growing Mexican-based precious metals producer, is pleased
Discovery of gold-rich VMS system creates potential game changing upside for Santa Helena LONDON, UK / ACCESSWIRE / November 20, 2024 / Meridian Mining UK. S ( TSX:MNO )(Frankfurt/Tradegate: 2MM )(OTCQX: MRRDF ) ("Meridian" or the "Company") is pleased to announce the most significant high-grade gold-rich VMS drill intersection to date from the Santa Helena Au-Cu-Ag & Zn VMS deposit ("Santa Helena"). CD-605 returned a lateral extension of75.6m @ 4.6g/t AuEq / 3.1% CuEq(3.0g/t Au, 1.0% Cu, 30.2g/t Ag & 2.5% Zn) from 32.4m, ("Figure 1") where the deposit has moved towards hosting a high-grade gold rich VMS domain. CD-605 is open with potentially significant upside for further along strike and down dip extensions. Drilling is ongoing and further assays are pending. Highlights Re
November 20, 2024 (The Assay) - Osisko Metals Incorporated (TSXV: OM | OTCQX: OMZNF | FRANKFURT: 0B51) has announced the expansion of its leadership team along with a C$100M bought deal financing as the company accelerates its strategy of creating a leading critical metals company in North America. John Burzynski will be appointed to the board of directors of the company as executive chairman and will lead the company along with Robert Wares, who will continue as CEO and a director on the board. Also, Don Njegovan and Blair Zaritsky will be appointed as president and CFO of the company, respectively. Additionally, Luc Lessard, a director of the company since 2019, will step down from the board and Anthony Glavac will step down as CFO. Mr. Lessard will remain as technical advisor t
November 20, 2024 (Australian Mining) - Rimfire Pacific Mining has reported further high-grade cobalt sulphide mineralisation at its Bald Hill project located 30km west of Broken Hill, New South Wales. The results, stemming from a step-out diamond drilling program, have significantly expanded the known mineralised footprint of the prospect. Notable drill intersections included: 18m at 0.16 per cent cobalt and 0.16 per cent copper from 110m in FI2612, including 5m at 0.21 per cent cobalt and 0.23 per cent copper 63m at 0.18 per cent cobalt and 0.08 per cent copper from 118m in FI2614, including 11m at 0.21 per cent cobalt and 0.1 per cent copper. “The latest drilling has substantially expanded the known sulphide-hosted mineralised footprint at Rimfire’s 100 per cent owned Bald
RG Global Ltd says it has been awarded multiple contracts with existing clients across Asia Pacific, four of which are related to mining. The value of the new works secured is A$700 million ($457 million), which includes: A five-year term contract for maintenance services associated with the continuous enhancement of Bauxite Residue Disposal Area embankments as well as other civil services with South32 at the Worsley Alumina bauxite and alumina refinery operations in the south- west region of Western Australia (WA). The contract will commence immediately; A five-year term contract for asset integrity services with Glencore at its Murrin Murrin mining operations in the Goldfields region of WA. The contract has now commenced; Mine site infrastructure contract for earthworks and civil co
November 19, 2024
November 19, 2024 10:43 PM Eastern Standard Time TORONTO--( BUSINESS WIRE )--Silver Storm Mining Ltd. (“ Silver Storm ” or the " Company ") (TSX.V: SVRS | OTC: SVRSF | FSE: SVR), is pleased to announce further drill results from its Phase 2 diamond drilling program at the Company’s 100% owned La Parrilla Silver Mine Complex, located in Durango Mexico. Results from the nine holes contained within this release are from the La Estrella Zones and San Rafael Zones in the Quebradillas mine. These zones were not modeled or included in the NI-43-101 Mineral Resource Estimate prepared by SRK for the La Parrilla Silver Mine Complex published on August 10, 2023
November 19, 2024 (Source: Fission Uranium Corp.) /NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES / KELOWNA, BC , Nov. 19, 2024 /CNW/ – FISSION URANIUM CORP . (TSX: FCU) (OTCQX: FCUUF) (” Fission ” or the ” Company “) announces that it has received a notice from the Minister of Innovation, Science and Industry (the ” Minister “) extending the national security review period until December 30, 2024 of the previously announced plan of arrangement (the ” Arrangement “) with Paladin Energy Limited (” Paladin “) under section 25.3 of the Investment Canada Act (” ICA “). Fission continues to engage with the Minister as part of the section 25.3 process under the ICA. In light of the ongoing national security review of the Arrangement, there can be no certainty
Ceibo, a clean copper extraction technology company, and Glencore’s Lomas Bayas copper mine, have entered into a partnership to deploy Ceibo’s proprietary leaching technologies that enable a more effective extraction of copper from low-grade sulphides. Lomas Bayas has validated Ceibo’s technology and is moving toward scaling up to assess this as an alternative to extend the life of the mining operations. This partnership follows two years of testing by Glencore, an important contributor to Chile’s position as the world’s largest copper producer. Under the terms of the memorandum of understanding, Ceibo’s technology will scale up with on-site testing through the Lomas Lab, a Glencore world-scale test site, and the company’s research and development branch. This agreement opens a significa
MONTREAL, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to report additional high-grade silver drill results from its at-depth drill exploration program at the Zgounder Silver Mine in the Kingdom of Morocco. Highlights (all intersections are in core lengths) In the Central Zone from the 1,950m level: hole DZG-SF-24-172 intercepted 2,165 grams per tonne (“g/t”) silver (“Ag”) over 21.0 meters (“m”), including 4,600 g/t Ag over 3.5m hole DZG-SF-24-145 intercepted 4,645 g/t Ag over 3.0m, including 6,703 g/t Ag over 2.0m hole DZG-SF-24-272 intercepted 1,849 g/t Ag over 5.5m, including 3,894 g/t Ag over 2.5m In the Western Zone near the granite contact: hole ZG-SF-24-200 intercepted 1,151 g/t Ag o
MONTREAL, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce a further advancement in its project financing strategy with two Letters of Intent (“LOI”) from Finnvera plc (“Finnvera”), the official Export Credit Agency of Finland, for up to US$300 million and The Swedish Export Credit Agency (EKN) for approximately US$200 million. These LOI’s have been presented to support the development of the copper and gold Troilus Project (the “Project”). These new LOIs, follow the recent US$500 million LOI from Euler Hermes announced on November 13, 2024 , and further enhance the Company’s strategic approach to securing a comprehensive financing package for the Project’s development. Highlights: Troilus has
Highlights: Abitibi Metals has received results from the Phase II drill program highlighted by the following intervals: #338W1 – 4.9% CuEq over 4.0 metres within 2.4% CuEq over 17.5 metres beginning at 1,186.6 metres depth representing an increase in grade relative to the CuEq grade reported in the Company's updated resource These intercepts occurred in a lower grade continuous halo of 0.83% CuEq over 77.95 metres #338 – 2.1% CuEq over 7.25 metres within 0.86% CuEq over 37.3 metres beginning at 1,206 metres depth #338 – 1.7% CuEq over 7.8 metres beginning at 1,261 metres depth #338 & #338W1 intercepted a new extensional target 200 metres below historical drilling and beyond the western limit of the B26 deposit, marking a major step in resource expansion potentia
TORONTO , Nov. 19, 2024 /CNW/ - O3 Mining Inc. (TSXV: OIII ) (OTCQX: OIIIF) ("O3 Mining" or the " Corporation ") is pleased to announce that it has received the third and final set of assay results from its 28,868 metre drilling campaign completed between January 2024 and August 2024 on the Malartic H deposit (" Malartic H ") within the Marban Alliance project, in Val-d'Or , Québec, Canada (the " Marban Alliance Project "). Highlights: 30.0 g/t Au over 3.0 metres in hole O3MA-24-707 at a vertical depth of 241.4 metres, including 101 g/t Au over 0.7 metres on Malartic H 40.2 g/t Au over 1.9 metres in hole O3MA-24-701 at a vertical depth of 141.3 metres, including 151 g/t Au over 0.5 metres on Malartic H 1.8
The Canadian Nuclear Safety Commission ("CNSC") has notified NexGen of successful completion of final Federal technical review. This is the key requirement to scheduling a Federal Commission Hearing date and subsequent Federal Project approval decision. The Federal Environmental Assessment ("EA") and License represent the final major approval steps after having received Provincial EA approval in November 2023 . In production, the Rook I Project is poised to make NexGen one of the world's largest and most environmentally conscious mining companies. VANCOUVER, BC , Nov. 19, 2024 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE ) (NYSE: NXE) (ASX: NXG) is excited and proud to announce a major milestone in the Federal EA process for its 100%owned Rook I Project ("th
T5 Highlights include 13.4m at 2.9% Cu, 0.4g/t Au, including 2.2m at 10.2% Cu, 1.4g/t Au; And 3.2m at 8.0% Cu, 1.8g/t Au VANCOUVER, BC , Nov. 19, 2024 /CNW/ - Bravo Mining Corp. (TSXV: BRVO ) (OTCQX: BRVMF), (" Bravo " or the " Company ") is pleased to report that it has received assay results from seven additional drill holes at the "T5" copper-gold target at its 100% owned Luanga Project . T5 lies to the east of the Luanga PGM+Au+Ni deposit located in the Carajás Mineral Province, Brazil . Drilling Highlights HOLE-ID Target From (m) To (m) Thickness (m) Cu (%) Sulphide Au (g/t) TYPE DDH2405T012 T5 156.00 159.20 3.20 8.00 1.83 FR DDH2405T013
VANCOUVER, BC , Nov. 19, 2024 /CNW/ - Kootenay Silver Inc. (TSXV: KTN ) (the "Company" or "Kootenay") is pleased to provide results from four new drill holes at the Columba High Grade Silver Project. The batch reported herein comprises tests from three areas at Columba: I-Vein, D-Vein and B-Vein Corridor which is the extension of the historically mined F-Vein. The I-Vein drilling comprised an extension or "tail" of a 2019 hole which was terminated in a 1.5 meters wide mine workings, whereas the D and B-Vein drilling represent ongoing testing of those two trends. The company is focused on testing extensions and gaps within the data set in advance of the preparation of a mineral resource estimate. Current batch of drill results from drill holes CDH-24-174 to 176 in addit
November 19, 2024 (Source: Sayona Mining Limited) Creates a leading North American lithium producer and developer Not for release to US wire services or distribution in the United States • Sayona and Piedmont to combine in all-stock merger with ownership split of approximately 50% / 50% on a fully diluted basis immediately post-merger and prior to the conditional equity raise • Creating a leading North American hard rock lithium producer with geographically advantaged spodumene resources of global scale • Simplified corporate structure aligns North American Lithium (“NAL”) offtake economics, and removes contractual complexities • Unified ownership of NAL unlocks the potential for a significant brownfield expansion • Combined scale provides strategic flexibility to combine and op
Vancouver, British Columbia--(Newsfile Corp. - November 19, 2024) - Endurance Gold Corporation (TSXV: EDG) (OTC Pink: ENDGF) (FSE: 3EG) (the " Company " ) is pleased to announce assay results from five (5) additional diamond drill holes completed at the Crown Zone, a previously undrilled gap between the Imperial and Eagle Zones at its Reliance Gold Project. The 2024 drilling program is designed to expand the gold zones discovered within the 2-km long Royal Shear structure. Twenty-six (26) drill holes have been completed for 7,303 m drilled during the 2024 season. Crown Zone Highlights include two drill holes containing visible gold : DDH24-093: Upper Crown Discovery returning 147.5 grams per tonne ("gpt") gold over 1.0 metre ("m") within 74.29 gpt gold over 2.0 m from a quartz-s
In a significant step towards sustainable mining in Africa, Eramet Grande Côte, a subsidiary of the France-based multinational mining and metals company Eramet, and South Africa’s JUWI Renewable Energies have reached financial close on a €30 million ($31.5 million) off-grid solar photovoltaic (PV) and battery storage solution for the mine in Diogo, Senegal. The 20 MWp solar and 11 MWh battery project will provide clean energy to meet 20% of the mine’s energy needs, reduce carbon emissions by 25,000 t/y, and create over 100 jobs during its construction and maintenance phases. The off-grid hybrid installation, among the largest in Senegal, will reduce the mine’s reliance on heavy fuel oil, improve production stability and align with Eramet’s global decarbonisation strategy
VANCOUVER, BC / ACCESSWIRE / November 19, 2024 / Core Assets Corp., ("Core Assets" or the "Company") (CSE:CC)(FSE:5RJ)(OTCQB:CCOOF) is pleased to present assay results from the 2024 diamond drilling campaign at the Silver Lime Project (the "Silver Lime Project" or "Silver Lime"), central Blue Property (the "Blue Property"), Atlin Mining District of NW British Columbia. Click here for a video synopsis of 2024 diamond drilling highlights and work completed to date at the Silver Lime Project featuring Core Assets' Project Geologist Lauren Piccott. On November 28th @ 10am PST Core Assets' Vice President of Exploration Monica Barrington is offering a live technical session where she will discuss the results of the 2024 diamond drilling program highlighted in this press release. Pleas
VANCOUVER, BC / ACCESSWIRE / November 19, 2024 / Faraday Copper Corp. (" Faraday " or the " Company ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of three drill holes from its ongoing Phase III drill program at the Copper Creek Project, located in Arizona ("Copper Creek"). One hole was drilled to target near-surface mineralization at the Rum area and two were drilled as reconnaissance holes in the American Eagle area, further testing the potential for near-surface mineralization. Paul Harbidge, President and CEO, commented "It is encouraging to intersect strong near-surface mineralization with Faraday's first drill hole in the Rum area, which is 700 metres north of the current mineral resource. This result further supports the prospectivity along the interpreted Holy Joe F
November 18, 2024
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Toronto, Ontario and Nucla, Colorado, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to announce the closing of the first tranche of its brokered financing, which was previously announced in the Company’s news release issued on November 8, 2024. Pursuant to the financing, Western issued a total of 3,819,695 units at a price of CAD $1.32 per unit (each, a “Unit”) for aggregate gross proceeds of approximately CAD $5,041,998 (the “Offering”) with each Unit being comprised of one common share (each, a “Share”) and one common share purchase warrant (each, a “Warrant”). Each Warrant is exercisable for one Share of the Co
November 18, 2024 (Source: U.S. Gold Corp.) Regulatory Approval allows the Company to proceed toward development of the CK Gold Project in Wyoming CHEYENNE, Wyo., Nov. 18, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU), today announced that its wholly-owned subsidiary, Gold King Corp., has received final permit (the "Air Quality Permit") approval from the Air Quality Division of the Wyoming Department of Environmental Quality ("WDEQ") paving the way for development of the CK Gold Project. With this approval, the last of the three conditions associated with the recently granted Surface Gold Mine Permit (the "Mine Operating Permit") for the CK Gold Project has been fulfilled. In commenting on
TORONTO, ON / ACCESSWIRE / November 18, 2024 / PPX Mining Corp. (TSXV:PPX)(BVL:PPX)(the " Company " or " PPX ", including its Peruvian subsidiaries) is pleased to announce the subscription of a contract with JPC EC for the construction of leaching tanks for the 350 tn. per day beneficiation plant that the Company started to build at the Igor Project in La Libertad, Peru. The agreement specifies the construction and assembly of seven 23'x 20' agitation tanks, one 23'x 20' oxidation tank, and two detoxification tanks. JPC EC completed the plant's engineering in 2023-2024 to secure environmental and construction permits. With extensive experience in assembling these tanks, JPC EC has been developing industrial projects focused on mining in Peru since 1993. The construction of the leachin
Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. ( TSX: AOT; OTCQX: AOTVF ) (“ Ascot ” or the “ Company ”) is pleased to announce that the Company has closed the previously announced senior secured debt financing and amendments (the “ Debt Financing ”), including approximately US$7.5 million from Sprott Private Resource Streaming and Royalty (B) Corp, (“ Sprott Streaming ”). In addition, the Company’s secured creditors, including Sprott Streaming and Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund II, LP and Nebari Collateral Agent LLC (together “ Nebari ”), have extended the waiver and forbearance agreements previously granted until May 31, 2025. Furt
TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“ Wesdome ” or the “ Company ”) today provides an update on the underground and surface exploration programs (Figure 1) at its 100%-owned Kiena Mine (“ Kiena ”) in Val-d’Or, Québec. Ms. Anthea Bath, President and Chief Executive Officer, stated: “This year’s exploration budget for Kiena of over $20 million covered surface and underground expansion, infill and delineation drilling totaling more than 70,000 metres. This robust program has yielded impressive results across various zones at Kiena, underscoring its prospectivity and long-term potential. These latest drill results support both our fill the mill and two-mine structure initiatives, where high-grade production from Kiena Deep leverages exist