Founders Metals Inc. announces it has completed a non-brokered private placement raising gross proceeds of $1,700,000 for 4,250,000 common shares of the Company at a price of $0.40 per Share. The Company paid no commission or fees on the investment and all the securities issued in connection with the Private Placement are subject to a hold period [...]
ATEX Resources Inc. is pleased to announce that the Company, through its wholly owned subsidiary, ATEX Valeriano SpA , has earned a 49% interest in the Valeriano Copper Gold Project after completing significant payment and exploration milestones under the option agreement dated August 29, 2019, as previously amended, between ATEX Valeriano and [...]
Sonoran Desert Copper Corp. announces the closing of the Company's $0.05 Unit Private Placement Financing. CLOSING $0.05 UNIT PRIVATE PLACEMENT FINANCING Further to its May 17, 2023 news release, the Company has filed documents with the TSX Venture Exchange seeking final approval to close its non-brokered private placement offering for aggregate [...]
Jubilee Gold Exploration Ltd. announces the following appointments effective August 21, 2023: Maureen L. Friesen has been appointed as a director of the Corporation to fill a vacancy on the Corporation's board of directors resulting from the resignation of Michael Burke as a director. Ms. Friesen, who has previously served on the board of directors [...]
Transatlantic Mining Corp. is pleased to announce the mobilization of a diamond drill rig to its Monitor Copper Gold Project. The inaugural plan is to drill up to 1,000 metres of diamond core to test the copper anomalism found on earlier surface geological reconnaissance. Grades of up to 30% copper at the nearby Big Elk Prospect have previously [...]
Equity Metals Corp. reports results from its June 2023 surface rock and soil sampling program on the Silver Queen property, British Columbia. Select surface chip samples from the Cole Lake and Barite veins assay up to: 55.2g/t Au, 5,049g/t Ag, 3.2% Pb and 0.12% Zn from the Cole Lake Vein; 1,736g/t Ag, 22.7% Pb and 1.2% Zn from the Cole Lake Vein [...]
Fremont Gold Ltd. has amended the terms of its previously announced non-brokered private placement . The amended Offering will consist of up to 20,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $2,000,000. Each Unit will consist of one common share and one-half of one common share purchase warrant, each whole warrant [...]
MTB Metals Corp. reports that drilling on the Telegraph porphyry project is underway, with the first drill hole having intercepted significant visual copper sulfide mineralization. The geological setting of the Telegraph property is similar to four world-class porphyry copper-gold deposits in the same region, all of which are being advanced by [...]
Delta Resources Ltd. is pleased to announce that it has paid $50,000 to the Ontario Exploration Corporation to buy back the remaining 50% of a 1% Net Smelter Return Royalty on its Delta-1 property in Thunder Bay, Ontario. On January 7, 2020, Delta announced that it had signed an agreement to purchase 50% of the OECs NSR at Delta-1 by paying the sum [...]
Impact Silver Corp. announces its financial and operating results for the second quarter ended June 30, 2023. The Company reports revenue of $5.5 million in Q2 2023, representing a 57% increase over revenue of $3.5 million in Q2 2022. Mine operating income in Q2 2023 was $0.90 million compared to $0.03 million Q2 2022. The overall improvement in [...]
Canada Rare Earth Corp. is pleased to announce obtaining the right to increase its ownership in the Bom Futuro tailings property in the state of Rondonia, Brazil to a controlling 52% and to become the operator of the project. Certain highlights of the Bom Futuro property include: Permit issued for extraction activities; 70 million tons of tailings [...]
Aftermath Silver Ltd. is pleased to provide an update on its Berenguela silver-copper-manganese project in southern Peru . The Company has an option to acquire a 100% interest in the Project through binding agreements with SSR Mining Inc. and EMX Royalty Corp. following EMX's assumption of certain interests contained in Aftermath's agreement with [...]