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Millrock Resources reports that it has sold a portfolio of royalties on exploration projects in Canada and Mexico to Osisko Gold Royalties Ltd. Gross proceeds from the sale are $1.2 million. Millrock President & CEO, Gregory Beischer, commented: "Prevailing market challenges make an equity financing difficult and raising capital in this manner [...]
Compass Gold Corp. is pleased to provide an update on the recently completed deep bedrock drilling on four prospects on the new Moribala permit, located on the Company's Sikasso Property in Southern Mali . Highlights: Initial deep drilling on four prospects on the Moribala permit confirmed the presence of deeper gold mineralization at two of the [...]
APC-3 intersected a broad, high-grade zone of breccia mineralization with multiple, overprinting carbonate base metal veins beginning at 200 metres below surface and returned: 180.6 metres @ 2.43 g/t gold equivalent. APC-5 also intersected the main breccia structure with some overprinting carbonate base metal veining beginning at 135 metres below [...]
Canadian North Resources Inc. is pleased to announce that the Company has added the third drill rig on its 100% owned Ferguson Lake nickel, copper, cobalt, palladium and platinum project in Canada and to report its financial results for the second quarter ended June 30, 2022. "We have made major accomplishments during the past quarter, including an [...]
Hemlo Explorers Inc. is pleased to announce that further to its news release dated April 4, 2022, it has now executed the definitive agreement with a wholly-owned subsidiary of Barrick Gold Corporation whereby Barrick has the right to earn into an 80% interest in the Pic Project. The Company and Barrick have also executed a subscription agreement [...]
Discovery Silver Corp. is pleased to announce results from its Pre-Feasibility Study metallurgical test program on representative samples from its Cordero project located in Chihuahua State, Mexico. This program represents the most comprehensive test work completed on Cordero to date. Highlights from the locked-cycle flotation test work include [...]
Endeavour Silver Corp. announces that its Board of Directors has appointed the Company's Lead Director, Rex McLennan, as Chairman of the Board. Mr. McLennan steps into the Chairman position to replace former Executive Chairman, Bradford Cooke, who passed away suddenly and unexpectedly last week . Rex McLennan joined the Company as an Independent [...]
Clear Sky Lithium Corp. , a mineral exploration and development company focused on American lithium deposits to support domestic demand, is pleased to report sampling results for its 100%-owned ELi claystone lithium project located in central Nevada. As part of the Company's initial efforts, surficial grab samples were collected during a trip to [...]
African Gold Acquisition Corp. announced that it has filed a Form 8-K today with the Securities and Exchange Commission to make certain material disclosures: On August 22, 2022, in conjunction with the Company's financial advisors, members of the Company's board of directors discovered improper withdrawals from the Company's operating bank accounts [...]
Patagonia Gold Corp. announces its financial results for the quarter ended June 30, 2022 . The financial statements together with the related management's discussion and analysis are available on the Company's website and under the Company's profile on SEDAR at www.sedar.com. Highlights Generated revenue of US$3.7 million and gross loss of US$0.09 [...]
Nevada Exploration Inc. provides project updates and announces it is seeking expressions of interest to fund work programs to advance its portfolio of gold exploration projects in Nevada. South Grass Valley At the Company's flagship South Grass Valley Carlin-type gold project, located approximately 50 kilometres south-southwest of Nevada Gold [...]
Aton Resources Inc. is pleased to update investors on progress at its Hamama West gold-silver project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: The Hamama West RC infill drilling programme was completed on August 24, 2022, with a total of 6,620m drilled, including 5 holes at the West [...]