Commodity 2
Lorem ipsum dolor sit amet consectetur. Iaculis morbi a purus donec faucibus condime...
June 20, 2024
Commodity
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2024) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (the "Company" or "Independence") is pleased to announce the first assay results from the spring drill program carried out at its 100
Toronto, Ontario--(Newsfile Corp. - June 20, 2024) - Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (" Omai " or the " Company ") is pleased to announce that it has completed its previously announced brokered private placement offering (the " Of
TORONTO , June 20, 2024 /CNW/ - 1911 Gold Corporation ("1911 Gold" or the "Company") (TSXV: AUMB ) (OTC: AUMBF) is pleased to provide an update on the strategic plans for the advancement of the True North Mine, including 43-101 mineral resourc
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2024) - Southern Silver Exploration Corp. (TSX: SSV) (the "Company" or "Southern Silver") announces that it proposes to undertake a non-brokered private placement consisting of 13,000,000 unit
Company to Acquire 100% of Douay/Joutel with a Clear Path Forward Not for distribution to United States news wire services or for dissemination in the United States Vancouver, British Columbia--(Newsfile Corp. - June 20, 2024) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (" Maple Gold " or the " Company ") is pleased to announce the signing of a definitive conveyance and option agreement dated June 20, 2024 (the " Agreement ") with Agnico Eagle Mines Limited (" Agnico Eagle ") under which the parties intend to complete a restructuring transaction (the " Restructuring Transaction ") that will result in Maple Gold obtaining legal title and a 100% ownership interest in the multi-million-ounce 1 Douay Gold Project (" Douay ") and past-producing, high-grade Joutel Gold
June 20, 2024 (Australian Mining) - Emerging uranium player Alligator Energy has finalised fabrication and acceptance testing of the field recovery trial (FRT) pilot processing plant for its Samphire uranium project in South Australia. As a result of the successful testing, the seven containerised modules – including the reverse osmosis plant – have passed factory acceptance testing and have been deployed to Whyalla. In Whyalla, the modules will be stored ahead of all regulatory approvals being finalised and on-site construction works being completed. The pilot processing plant’s fabrication was completed by Adelaide Control Engineering (ACE). The FRT’s geotechnical investigations have also been completed to finalise the engineering design as part of construction works and construc
June 20, 2024 (Australian Mining) - The proposed merger between Red 5 and Silver Lake Resources has now been implemented. The merger was first announced in February this year, with Silver Lake shareholders set to receive 3.434 Red 5 shares for every Silver Lake share held. Now, Silver Lake has applied to be removed from the ASX. The merger comes with a slew of job movements. Previous Silver Lake managing director and chief executive officer (CEO) Luke Tonkin has been appointed to the same roles at Red 5. He will be supported by Red 5’s existing chief operating officer Richard Hay. Silver Lake chief financial officer (CFO) Struan Richards will retain his position as CFO of Red 5, as will Silver Lake corporate development officer Len Eldridge. Silver Lake group developmen
June 20, 2024 (Australian Mining) - Mineral Resources (MinRes) will cease Yilgarn Hub iron ore shipments by December 31 following a comprehensive viability assessment. According to the major miner, the decision was influenced by a combination of factors, including limited remaining mine life and significant capital cost associated with the Western Australian site. MinRes is working with those employed at the site to find redeployment opportunities across its operations, with MinRes executive leaders and in-house mental health counsellors on site to discuss the change and redeployment process. “This prudent but difficult decision was not taken lightly and follows years of investment to extend the life of our operations in the Yilgarn,” MinRes managing director Chris Ellison s
Highlights: The Company has received the final results from the Phase 1 drill program highlighted by the following intervals: #318 – 0.75% CuEq over 57.75 metres beginning at 81 metres depth, including 2.33% CuEq over 11.3 metres #318 – 0.97% CuEq over 17.05 metres beginning at 164.8 metres depth #325 – 1.16% CuEq over 14 metres beginning at 118 metres depth #326 – 4.43% CuEq over 5.8 metres beginning at 144.5 metres depth #330 – 3.97% CuEq over 9.75 metres beginning at 265.85 metres depth LONDON, ON , June 20, 2024 /CNW/ - Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) ("Abitibi" or the "Company") is pleased to announce the final results from Phase 1 of drilling at the B26 Polymetallic Deposit ("B26", the "Project" or the "Deposit").
June 19, 2024
June 19, 2024 (Source: XM) JOHANNESBURG/ MELBOURNE, June 19 (Reuters) - JCHX Mining 603979.SS is close to concluding a deal to buy Zambia's Lubambe Copper Mine, two sources told Reuters, in the latest in a string of copper deals by Chinese companies intent on growing their control of the African copper mining industry. The Shanghai-listed mining services and contracting firm's deal to buy an 80% stake in Lubambe mine held by EMR Capital is now nearing completion, the sources said. JCHX's plans had almost been scuppered after cash-rich Abu Dhabi upstart International Resources Holding (IRH) had been poised to be an interloper after announcing its interest in the same assets earlier this year. IRH is a unit of the United Arab Emirates' most valuable company, International Holding Co
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, Alberta--(Newsfile Corp. - June 19, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") is pleased to announce that it intends to complete, subject to the approval of the TSX Venture Exchange, a non-brokered private placement to raise up to $1,000,000 in gross proceeds (the "Offering"). The Offering will consist of up to 4,545,455 units (each a "Unit") at a price of $0.22 per Unit. Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one-half (1/2) common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to purchase one Common Share for a two-year term, for
Latest results for 36 new drillholes totalling 8,803 m for Sayona’s North American Lithium (NAL) operation, Québec, Canada with highlights including: North-West Extension - New Pegmatites 21.00m @ 1.55% Li 2 O from 352.90m in drillhole LAN-24-153A 25.50m @ 1.64% Li 2 O from 308.20m in drillhole LAN-24-156 25.35m @ 1.76% Li 2 O from 269.25m in drillhole LAN-24-159 18.40m @ 1.54% Li 2 O from 356.05m in drillhole LAN-24-159 Resources Area - Potential Resources Upgrade or Conversion 26.05m @ 1.66% Li 2 O from 324.25m in drillhole LAN-23-010-W1 19.90m @ 1.52% Li 2 O from 52.20m in drillhole LAN-23-072 All assay results of the 2023 drilling campaign are now completed, validated and released (24 holes for 4,900 1 m in this releas
LONGUEUIL, Quebec, June 19, 2024 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) ( TSXV: AZM ) ( OTCQX: AZMTF ) is pleased to report excellent new lithium results from the second phase of diamond drilling on the Galinée Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec, Canada. Fourteen (14) holes were drilled during this second phase, for a total of 3,203.65 metres, including two extended holes (GAL23-012ext and -013ext) and two that were abandoned (GAL24-019 and -027). The visual results from this phase were previously reported in the press releases of April 18 and May 8, 2024, as were the analytical results for one hole (GAL24-020: 2.68% Li 2 O over 54.6 m ). All assays have now been received and are reported in this release. T
Toronto , June 19, 2024 /CNW/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM ) ("Agnico Eagle" or the "Company") is pleased to provide an update on the Detour Lake mine, located in Ontario . The Company has recently completed an updated mineral reserve and mineral resource estimate ("MRMR") and an updated life of mine plan (the "2024 Life Of Mine Plan" or the "2024 LOMP") for its Detour Lake mine as at March 31, 2024 . The 2024 LOMP builds on the Company's previously filed technical report on Detour Lake (2021) as well as the mine plan update released by the Company in July 2022 (the "2022 LOMP") (see the Company's news release dated July 27 , 2022). The 2024 LOMP updates the open pit mine production profile and incorporates updated costing. The
VANCOUVER, BC , June 19, 2024 /CNW/ - Taseko Mines Limited (TSX: TKO ) (NYSE MKT: TGB) (LSE: TKO) ("Taseko" or the "Company") announced today that the union representing workers at its Gibraltar Mine has now ratified the previously announced tentative agreement. The new agreement will be in place until May 31, 2027 . Gibraltar workers have been recalled and mining operations and milling in concentrator #2 are restarting today. Concentrator #1 will remain idle while the crusher relocation project and other scheduled maintenance is being completed. Stuart McDonald President and CEO No regulatory authority has approved or disapproved of the information contained in this news release. Caution Regarding Forward-Looking Information This document contains "forward-looking stat
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2024) - Intrepid Metals Corp. (TSXV: INTR) (OTCQB: IMTCF) ("Intrepid" or the "Company" ) is pleased to announce additional results from its initial drill program on the Company's Corral Copper Property (" Corral " or the " Property ") in Cochise County, Arizona. A total of 25 holes were completed at the Ringo, Earp and Holiday zones which define a 3-kilometer-long trend of near surface, locally high-grade copper-gold-silver-zinc mineralization (Figure 1). Highlights from the most recent drill results include: 91.40 meters ("m") of 0.71% Copper ("Cu"), 0.43 grams per ton ("gpt") Gold ("Au") and 5.99 gpt Silver ("Ag") (0.93% Copper Equivalent ("CuEq") 1 ) in Hole CC24_022; including, 20.95m of 1.37% Cu, 1.39 gpt Au and 5
VANCOUVER, BC , June 19, 2024 /CNW/ - NGEx Minerals Ltd. ("NGEx", "NGEx Minerals" or the "Company") (TSX: NGEX ) (OTCQX: NGXXF) is pleased to report drill results from holes DPDH019 through DPDH023 from the Lunahuasi Project located in the Vicuña District in San Juan Province, Argentina . These results conclude a very successful 2023 – 2024 drill program that has begun to outline a very large volume of altered and mineralized rock characterized by stockwork and disseminated mineralization, increasing in intensity from east to west and with depth, cut by a swarm of mineralized structures consisting of breccias, networks of veinlets, and massive sulphide veins which occur throughout the entire volume drilled to date. These structures contain bonanza-grade copper, gold and s
June 19, 2024 (Australian Mining) - Whitehaven Coal is transitioning its Werris Creek coal mine in New South Wales into the next stage of its rehabilitation. Werris Creek has sat comfortably in Whitehaven’s open-cut portfolio since 2005, producing high-quality thermal coal and maintaining its position as the company’s lowest-cost producer. The site has delivered over 26 million tonnes of coal during Whitehaven’s tenure, with last coal extracted in April and the final train set to depart the site by the end of June. Werris Creek operations manager Murray O’Keefe praised the high standards set by Whitehaven’s personnel over a near-two decade run. “The 150-strong workforce at Werris Creek has been integral to our continued success at the site and has reaffirmed why our
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2024) - Dolly Varden Silver Corporation (TSXV: DV) (OTCQX: DOLLF) (FSE: DVQ1) (the " Company " or " Dolly Varden ") is pleased to announce the first drill results from the 2024 exploration program, intersecting high-grade silver mineralization at the Moose and Chance Veins within the Kitsault Valley Project. Three rigs are currently drilling with 25 holes completed or in-progress. Highlights include*: Moose Vein DV24-387: 977 g/t Ag over 5.00 meters, including 3,670 g/t Ag over 0.79 meters Chance Vein DV24-388: 206 g/t over 23.03 meters, including 597 g/t Ag over 1.40 meters and 749 g/t Ag over 0.50 meters * All intervals shown are core length. Estimated true widths vary depending on intersection angles and
Santa Cruz Graphite Mine Highlights: Final payment of land purchase for Phase 1 Plant and Operations. Approval of the Definitive Mining Licenses For Phases 1, 2 & 3. All mining and environmental licenses/permits are approved and in-hand for the future phased, modular expansion of Santa Cruz graphite production up to 50,000 tonnes/year. Phase 1 construction is on schedule for substantial completion by the end of June 2024 followed by a 6-week plant commissioning and ramp-up period. Commercial sales are planned to start in September 2024. Name plate production capacity is expected to be reached in Q4 2024. VANCOUVER, BC / ACCESSWIRE / June 19, 2024 / South Star Battery Metals Corp. (" South Star " or the " Company ") (TSXV: STS )(OTCQB: STSBF ) is pleased to announc
June 18, 2024
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES QUÉBEC CITY, June 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“ Robex ” or the “ Company ”) is pleased to announce that is has increased the size of its previously announced “best efforts” public offering The public offering has been upsized to 50,691,200 units of the Company (each, a “ Unit ”) at a price of $2.17 per Unit for gross proceeds increasing to $109,999,904. The offering is led by SCP Resource Finance LP, as lead bookrunner and lead agent (the “ Lead Agent ”), on behalf of a syndicate of one or more additional agents (collectively, the “ Agents ”). All currency amounts in this news release are stated in Canadian dollars, unless otherwise indicated. Each Unit w
West Vancouver, British Columbia--(Newsfile Corp. - June 18, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has closed the first tranche of its private placement (the "Private Placement"). The Private Placement was for a total of 5,924,000 units (the "Units") at a price of $0.25 for proceeds of $1,481,000. Each Unit consisted of one common share and one-half share purchase warrant. Each of the 2,962,000 whole share purchase warrants are exercisable for a period of two years from the date of issuance at a price of CDN$0.35 per share. Commissions on the Private Placement totalling CDN$25,900. and 103,600 finders' warrants will be paid in connection with closing the Private Placement. The finders'
VANCOUVER, British Columbia, June 18, 2024 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce the results of a positive Preliminary Economic Assessment (“PEA”) prepared in accordance with National Instrument 43-101 (“NI 43-101”) on its 100% owned Gramalote gold project located in the Department of Antioquia, Colombia (the “Gramalote Project”). All dollar figures are in United States dollars unless otherwise indicated. Highlights Significant gold production profile with low-cost structure and favorable metallurgical characteristics Open pit gold mine with an initial life of mine of 10 years, with mill processing over 12.5 years (“Life of Project”) Average grade processed of 1.26 grams per tonne (“g/t”) gold
VANCOUVER, BC , June 18, 2024 /CNW/ - Power Metals Corp. (" Power Metals " or the " Company ") (TSXV: PWM ) (FRANKFURT: OAA1) (OTCQB: PWRMF) is pleased to report high-grade cesium and lithium results on the remainder of exploration drillhole assays from the winter 2024 drill program (the "Program") at its 100% owned Case Lake property (the "Property") in northeastern Ontario . Exploration drilling at the world-class West Joe Prospect has continued to intersect shallow high grade cesium mineralization up to 24.70% (PWM24-198) hosted in pollucite. This is the highest-grade cesium intercept reported to date at West Joe and continues to add confidence to this unique prospect along with lithium intercepts of 2.00 m at 3.55% Li2O (PWM24-188) and 32.44 m at
TORONTO, ON / ACCESSWIRE / June 18, 2024 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) (the "Company" or "Galway") is pleased to report results from its diamond drilling program at the Southwest Deposit in the Company's 100%-owned flagship Clarence Stream high-grade gold project in New Brunswick, Canada. The Clarence Stream Gold Project has district-scale potential with approximately 65-kilometre strike length of highly prospective gold showings and anomalies. "We have continued to prove strong gold continuity throughout the Southwest Deposit, inside the resource pit and outside of the current mineral resource" states Rob Hinchcliffe, President and CEO of Galway. He adds "The rig is currently on its fourth hole on the eastern side of the #2 Target area, which is one of our top explorat
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) (" Kenorland " or the " Company ") is pleased to announce final drill results from the 2024 winter drill program at the Frotet Project (the " Project "), located in northern Quebec. Assays from the 27 drill holes, totaling 18,448m of drilling completed during the program, are reported herein. Kenorland currently holds a 4% net smelter return royalty and is operator of the Project. Highlights include the following: 24RDD197: 4.70m at 24.16 g/t Au incl. 0.40m at 261.20 g/t Au at R2 24RDD215: 9.50m at 9.10 g/t Au incl. 1.20m at 45.92 g/t Au at R6 24RDD213: 4.50m at 16.11 g/t Au incl. 0.40m at 163.70 g/t Au at R1 24RDD199: 5.83m at 12.36 g/t Au incl.
ORONTO , June 18, 2024 /CNW/ - Silver Mountain Resources Inc. ("Silver Mountain" or the "Company") (TSXV: AGMR ) (OTCQB: AGMRF) is pleased to announce that Peru's National Authority for Environmental Certification (SENASE) has approved the extension of the main environmental permit (or EIA-d) for its 100% owned Reliquias Mine, Caudalosa Mine and all their components in central Peru . This authorization extends the environmental certification for the Company's future mining operations until 2034. Alvaro Espinoza , CEO of Silver Mountain, stated, " We continue to hit the key milestones for our Reliquias Mine as planned. Extending the Reliquias EIA is part of the permitting process which will allow us to start operations, certain that the main environmental certification covers the
VANCOUVER, BC , June 18, 2024 /CNW/ - GoldMining Inc. (the " Company " or " GoldMining ") (TSX: GOLD ) (NYSE American: GLDG) is pleased to announce assay results from the first drill hole of its recently announced drilling program at the Company's 100% owned São Jorge Project (" São Jorge " or the " Project ") in the Tapajós Gold district, Pará State, Brazil . Drill Hole SJD-120-24 highlights include : 163 m at 1.02 grams per tonne (g/t) gold (Au) from 44 m downhole depth , including higher-grade intersections: 20 m at 1.37 g/t Au from 44 m depth; 37 m at 2.26 g/t Au from 95 m depth; 11 m at 1.00 g/t Au from 148 m depth; 13 m at 1.35 g/t Au from 166 m depth; and 12 m at 1.15 g/t Au from 195 m depth. Table
June 18, 2024 (Australian Mining) - Kingston Resources has kicked off mining at its Pearse North open pit , with the expectation that it will see a lift in gold and silver feed grades. Pearse North is located within the Mineral Hill gold-copper mine in New South Wales. Mining at the site marks the safe reintroduction of drill and blast operations to Mineral Hill. “We are delighted to announce the commencement of open pit mining at Pearse North, which signifies a major step forward for the Mineral Hill project,” Kingston Resources managing director and chief executive officer Andrew Corbett said . “The safe reintroduction of drilling and blasting operations and commencement of mining activities are a testament to the hard work and dedication of our team.” Kingston i