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Namibia Critical Metals Files NI 43-101 Mineral Resource Estimate Report for the Lofdal Heavy Rare Earth Project on SEDAR
Metals & MiningCompany Update

Namibia Critical Metals Files NI 43-101 Mineral Resource Estimate Report for the Lofdal Heavy Rare Earth Project on SEDAR

May 21, 2024 9:30 AM

HALIFAX, NS / ACCESSWIRE / May 21, 2024 / Namibia Critical Metals Inc. ("Namibia Critical Metals" or the "Company" or "NMI") (TSXV:NMI)(OTCQB:NMREF) is pleased to announce that the updated NI 43-101 Mineral Resource Estimate on the Lofdal Heavy Rare Earth Project in northern Namibia ("Lofdal" or "the project") has been filed on SEDAR. Lofdal is a joint venture between the Company and Japan Organization for Metals and Energy Security...

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Covia Interns Set To Make Lasting Impact
Metals & MiningEnvironmental, Social and Governance

Covia Interns Set To Make Lasting Impact

May 21, 2024 9:25 AM

NORTHAMPTON, MA / ACCESSWIRE / May 21, 2024 / Covia:Covia strives to cultivate a nurturing environment where team members with diverse backgrounds and experiences can thrive, recognizing that the success of a company is equal to the strength of its people. Covia is investing in outreach and development programs that will welcome and develop the next generation of Covia Team Members.This summer, we are extending that exceptional experience to 10...

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Klondike Gold Closes Oversubscribed Private Placement Raising $970,736
Metals & MiningCompany Update

Klondike Gold Closes Oversubscribed Private Placement Raising $970,736

May 21, 2024 8:30 AM

Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) ("Klondike Gold" or the "Company") is pleased to announce that further to its news release of May 14, 2024, the Company has closed its oversubscribed non-brokered private placement financing, raising $970,736.85 (the "Private Placement").In closing the Private Placement, the Company issued an aggregate of 10,785,965 units (each, a "Unit") at a price of $0.09 per unit consisting of 10,785,965...

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Aston Bay and American West Metals Announce Thick New Copper Zones Discovered in Drilling at the Storm Copper Project, Canada
Metals & MiningCompany Update

Aston Bay and American West Metals Announce Thick New Copper Zones Discovered in Drilling at the Storm Copper Project, Canada

May 21, 2024 7:30 AM

Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to present an update and initial visual results from drilling activities currently underway at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut. The program is being conducted by American West Metals Limited ("American West"), who is the operator of the Project. American West has completed the required expenditures to earn an...

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Mako Mining Reports Q1 2024 Financial Results Including EPS of US$0.08 /share and Gold Sales of 9,267 Oz Au at $1,043/oz AISC
Metals & MiningEarnings

Mako Mining Reports Q1 2024 Financial Results Including EPS of US$0.08 /share and Gold Sales of 9,267 Oz Au at $1,043/oz AISC

May 21, 2024 7:00 AM

Mako Mining Corp. (TSXV:MKO)(OTCQX:MAKOF) ("Mako" or the "Company") is pleased to provide financial results for the three months ended March 31st, 2024 ("Q1 2024"). All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated.The Company's financial results for Q1 2024 reflect gold sales of US$19.2 million, which generated US$10.4 million in Mine Operating Cash Flow (1) (3), and US$5.3 million in Net...

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Guanajuato Silver Extinguishes 1st Ocean Partners Debt Facility
Metals & MiningCompany Update

Guanajuato Silver Extinguishes 1st Ocean Partners Debt Facility

May 21, 2024 6:30 AM

Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF), a significant producer of silver and gold in Mexico, is pleased to announce the complete repayment of the US$5,000,000 concentrate pre-payment facility (the "OP Facility") owed to Ocean Partners UK Limited ("Ocean Partners"), a metal off-take and trading firm (see GSilver news release dated August 30, 2022 - "Guanajuato Silver Draws US$5,000,000 Credit...

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Jaguar Mining Provides Update on Faina Access and Intersects High Grades in Development and Diamond Drill Holes
Metals & MiningCompany Update

Jaguar Mining Provides Update on Faina Access and Intersects High Grades in Development and Diamond Drill Holes

May 21, 2024 6:30 AM

Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX:JAG)(OTCQX:JAGGF) is pleased to provide an update and announce that access development and concomitant mineral resource delineation diamond drilling has intersected high-grade mineralization at its Faina Project ("Faina"). Faina is part of the Company's MTL Mining Complex which also includes its Turmalina Mine, and is located in the state of Minas Gerais, Brazil, approximately 130 kilometers...

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Centenario to Host Eden Property Update Webinar and Announces Private Placement Financing
Metals & MiningCompany Update

Centenario to Host Eden Property Update Webinar and Announces Private Placement Financing

May 21, 2024 6:00 AM

Centenario Gold Corp. (TSXV:CTG) ("Centenario" or the "Company") is pleased to announce that it will host a Webinar at 10:00 am PDT on Thursday May 30th, 2024. In attendance from Centenario and presenting will be, Alain Charest, CEO & VP of Exploration and Doug Fulcher, President. The purpose of the webinar is to provide investors with an update on the project and the next phase exploration and drilling program on the Eden Property,...

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Arras Minerals Announces C$2 Million Non-Brokered Financing
Metals & MiningFinancing

Arras Minerals Announces C$2 Million Non-Brokered Financing

May 21, 2024 6:00 AM

Arras Minerals Corp. (TSXV:ARK) ("Arras" or "the Company") is pleased to announce a non-brokered private placement financing (the "Offering") of up to 7,692,308 units of the Company ("Units") at a price per Unit of C$0.26 (the "Offering Price") for aggregate gross proceeds of up to C$2 million.Darren Klinck, President of Arras, commented, "Over the past 18 months since we announced the initial strategic equity investment by Teck, Arras has...

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Early Warning Report Filed for Azarga Metals Corp.
Metals & MiningCompany Update

Early Warning Report Filed for Azarga Metals Corp.

May 20, 2024 7:30 PM

VANCOUVER, BC / ACCESSWIRE / May 20, 2024 / Alexander Molyneux (the "Acquiror") reports that he has acquired securities of Azarga Metals Corp. (the "Issuer") through the TSX Venture Exchange and has filed an early warning report advising of his holdings in the Issuer.The Acquiror acquired beneficial ownership of a total of 1,505,314 common shares (the "Shares") of the Issuer, which securities were acquired by the Acquiror by way of a market...

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Study Finds Electrifying NioCorp's Critical Minerals Mine Could Lead to Faster Time to Full Production Plus Significant Economic and Environmental Gains
Metals & MiningCompany Update

Study Finds Electrifying NioCorp's Critical Minerals Mine Could Lead to Faster Time to Full Production Plus Significant Economic and Environmental Gains

May 20, 2024 4:01 PM

A scoping study completed by Optimize Group Inc. ("Optimize") (https://optimizegroupinc.com/), NioCorp's contract mineral reserve engineering firm, suggests that NioCorp Developments Ltd. ("NioCorp" or the "Company") (Nasdaq:NB) could significantly cut CAPEX and OPEX costs, reach full commercial production sooner, and operate with a lower carbon footprint by electrifying its proposed Elk Creek Critical Minerals Mine ("Elk Creek Mine") via a...

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Ecora Resources PLC Announces Transaction in Own Shares
Metals & MiningRegulatory

Ecora Resources PLC Announces Transaction in Own Shares

May 20, 2024 1:15 PM

Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) announces that on 20 May 2024, it purchased 200,000 ordinary shares of 2p each in the Company (the "Shares") on the London Stock Exchange through Peel Hunt LLP, in accordance with the terms of its share buyback programme announced on 27 March 2024 (the "Programme"). The shares acquired will be held in treasury. Date of purchase:17 May 2024Aggregate number of ordinary shares purchased:200,000Lowest price...

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Covia Honored With the 2024 Environmental/Sustainability Award
Metals & MiningEnvironmental, Social and Governance

Covia Honored With the 2024 Environmental/Sustainability Award

May 20, 2024 11:30 AM

Covia is pleased to announce that we were honored with the 2024 Environmental/Sustainability Award during the Peterborough County Community Recognition Awards ceremony on Thursday, May 16th at the Douro Community Centre in Peterborough, Ontario. Our nomination by the Ontario Turtle Conservation Centre and the Lake Kasshabog Residents Association (LKRA) highlights our dedication to fostering lasting partnerships within our communities, as well as...

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Griffin Mining Limited Announces Annual General Meeting
Metals & MiningRegulatory

Griffin Mining Limited Announces Annual General Meeting

May 20, 2024 9:00 AM

Notice of the thirty seventh Annual General Meeting of Griffin Mining Limited to be held at Clarendon House, 2 Church Street, Hamilton, HM11, Bermuda on Monday 10th June at 11.00 am local time (3.00 pm BST) has been sent to shareholders today and is available, on the Company's web site www.griffinmining.com. About Griffin Mining LimitedGriffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock...

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Lahontan Mobilizes Drill Rig to Santa Fe
Metals & MiningCompany Update

Lahontan Mobilizes Drill Rig to Santa Fe

May 20, 2024 7:00 AM

TORONTO, ON / ACCESSWIRE / May 20, 2024 / Lahontan Gold Corp (TSXV:LG)(OTCQB:LGCXF) (the " Company " or " Lahontan "), is pleased to announce that it is has mobilized a reverse-circulation drill rig and support equipment to its flagship Santa Fe Mine project located in the Walker Lane of mining friendly Nevada. The drill rig, a track-mounted MPD-1500, will begin drilling immediately in the Slab open pit target area at Santa Fe. The previously...

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Aclara Appoints Dr. Kurt Forrester as Lead Advisor to Its Heavy Rare Earths Separation Project
Metals & MiningCompany Update

Aclara Appoints Dr. Kurt Forrester as Lead Advisor to Its Heavy Rare Earths Separation Project

May 20, 2024 7:00 AM

Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce the appointment Dr. Kurt Forrester as lead advisor for the technical development of its heavy rare earths separation project. Dr. Forrester is an international renowned chemical engineer with more than 20 years of experience in solvent extraction and other separation technologies across commodities including rare earth elements, base metals and industrial...

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Bradda Head Lithium Ltd Announces Settlement Agreement Over Fraudulent Payment
Metals & MiningRegulatory

Bradda Head Lithium Ltd Announces Settlement Agreement Over Fraudulent Payment

May 20, 2024 2:00 AM

Bradda Head Lithium Ltd (AIM:BHL)(TSX-V:BHLI), the North America-focused lithium development group, is pleased to announce that it has come to a settlement regarding the fraudulent payment first notified on 29 March 2022 and subsequently disclosed in the audited financial statements for the years ending February 2022 and February 2023.Bradda Head has signed a settlement agreement ("Agreement") pursuant to which it will be partially reimbursed...

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Gabriel Resources Ltd. Initial Closing of Private Placement
Metals & MiningCompany Update

Gabriel Resources Ltd. Initial Closing of Private Placement

May 17, 2024 7:05 PM

Further to the news release of April 26, 2024, Gabriel Resources Ltd. (TSXV:GBU) or ("Gabriel" or the "Company") is pleased to announce that it has completed closing of an initial tranche of its previously disclosed non-brokered private placement (the "Private Placement") of up to 377,594,750 common shares of the Company ("Common Share") at a price of $0.02 per Common Share ("Purchase Price") for gross proceeds of up to US$5.575 million...

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Big Tree Announces Extension of Its Non-Brokered Private Placement
Metals & MiningCompany Update

Big Tree Announces Extension of Its Non-Brokered Private Placement

May 17, 2024 5:35 PM

Big Tree Carbon Inc. (the "Company" or "Big Tree") (TSXV:BIGT) wishes to announce that it is extending its non-brokered private placement, announced on April 2, 2024, of up to 6,000,000 working capital units (the "WC Units") of the Company at a price of $0.05 per WC Unit for up to $300,000 (the "Offering") for a further thirty (30) days. Final closing is anticipated on or before June 17, 2024.Each WC Unit consists of one (1) common share of the...

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American Resources Corporation to Report First Quarter 2024 Financial Results on May 21, 2024
Metals & MiningEarnings

American Resources Corporation to Report First Quarter 2024 Financial Results on May 21, 2024

May 17, 2024 4:05 PM

American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced it will report its first quarter 2024 financial results on Tuesday, May 21, 2024. The American Resources management team will host a conference call and live...

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