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AbraSilver Resource is pleased to announce results from its Preliminary Feasibility Study for its wholly-owned Diablillos project. The PFS project team was comprised of SGS Geological Services, with support from Knight Piesold, SGS Bateman, and INSA. Base case metal prices used in this analysis are $1,850 per gold oz and $23.50 per silver oz [...]
Ares Strategic Mining is pleased to announce the completion the mine planning phase and commencement of its mine construction. The Company has started ramp installation work to intersect fluorspar mineralization and provide feed for the plant currently under construction in Delta. The ongoing diamond drilling program has assisted technical staff to [...]
VR Resources has increased its previously announced private placement from $500,000 to $900,000. The terms of the financing are unchanged from those announced on March 14th in NR-24-004. The Company will issue 5,982,665 units at a price of $0.15 per Unit for gross proceeds of $897,400. Each Unit will consist of one common share of the Company, and [...]
Tantalex Lithium Resources announces that further to its news release dated March 7, 2024, it has settled an outstanding debt in the amount of USD$1,084,915 with AfriMet Resources AG. The Corporation settled an outstanding debt with AfriMet. The parties entered into a loan agreement on June 30, 2022, whereby AfriMet loaned a principal amount of [...]
Golden Cariboo Resources announces that, further to its news release of March 12, 2024, the final tranche of the non-brokered private placement was issued. The summary of the two tranche private placement follows. The private placement was fully subscribed with total gross proceeds of $2,000,000. A total of 20,000,000 Units at a price of $0.10 per [...]
Ashley Gold Corp. announces the Company has closed its previously announced non-brokered private placement of units on an oversubscribed basis, for gross proceeds of $182,875. The Offering consisted of the issuance of an aggregate of 3,657,500 Units, at a price of $0.05 per Unit and were comprised of one common share and one-half of one common [...]
Red Lake Gold Inc. reports that under market conditions it has extended the contemplated closing period of the non-brokered common share unit financing and the non-brokered flow-through unit financing previously announced by the Corporation by a period of approximately two weeks, such that if a closing, or tranche thereof, for either the HD [...]
Lithium Lion Metals is pleased to announce that the Company has completed its non-brokered private placement of units for gross proceeds of C$590,000 through the sale of 11,800,000 Units at a price of C$0.05 per Unit. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will be [...]
Nio Strategic Metals Inc. reports that government initiatives for development of critical and green metals continue to reinforce the value of the Company's niobium resource at the Oka Project. "Canadian and U.S. governments are really pushing new strategies and funding initiatives to address the problem of critical mineral supplies," said Nio [...]
Canstar Resources announces that the board of directors has appointed Paul Ténière, P.Geo., as Senior Vice President of Exploration. Paul brings over 25 years of experience and a deep understanding of the geology of Newfoundland. The board of directors has also appointed the current Chief Financial Officer and Corporate Secretary [...]
Hanstone Gold is pleased to announce the initial NI 43-101 compliant gold and silver Mineral Resource Estimate on its Doc Property. Doc Property Highlights: The Inferred MRE contains 114,000 ounces of gold and 488,000 oz of silver, or 120,000 ounces of gold equivalent. The MRE exhibits excellent continuity through a wide range of AuEq cut-off [...]
Abitibi Metals is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$5,000,000 through the issuance of up to 5,813,953 common shares of the Company that will be closed on or before April 9, 2024 and has been fully allocated. Jonathon Deluce, CEO of Abitibi Metals, stated, "We are pleased to announce the upsize [...]