Global Energy Metals Corp. CEO Mitchell Smith joined Proactive's Stephen Gunnion after the company increased its non-brokered offering to $650,000 from $500,000 due to strong investor demand. Smith highlighted the challenges faced by junior mining companies in raising funds and expressed appreciation for the support from existing shareholders and [...]
North Bay Resources Inc. has announced an agreement to acquire 100% of the Mt Vernon Mine in Sierra County, California. CEO Jared Lazerson told Proactive's Stephen Gunnion that the Mt Vernon Mine, located near historically rich North American gold mines, is an undeveloped yet promising site. The mine, characterised as a paleoplacer deposit, was [...]
Fathom Nickel Inc. CEO Ian Fraser joined Proactive's Stephen Gunnion with an exploration update on the company's Gochager Lake property. The recent field program included an extensive soil geochemical survey aimed at identifying signals over the historic deposit, which can be used to locate similar deposits elsewhere on the property. Mapping and [...]
Westwater Resources Inc. has announced a significant sales agreement with Fiat Chrysler Automobiles, part of the Stellantis group of companies. This new contract is a crucial step for Westwater Resources in securing debt financing as it represents a major offtake agreement. Steve Cates, senior vice president and CFO, joined Proactive's Stephen [...]
Northstar Gold Corp. CEO Brian Fowler joined Steve Darling from Proactive to announce that the company has successfully closed the first tranche of its previously announced non-brokered private placement generating aggregate gross proceeds of $254,820.03. Additionally, Northstar has received further orders and anticipates closing a second tranche [...]
Standard Uranium Ltd. vice president of exploration Sean Hillacre joined Steve Darling from Proactive to unveil exciting new prospecting results and identified drill target areas at the company's Sun Dog Uranium Project, located in the northwestern region of Saskatchewan. The project is set to embark on a significant drilling campaign in the coming [...]
Endurance Gold CEO Robert Boyd joined Steve Darling from Proactive to announce the commencement of a significant drilling program at the Reliance Gold Property in southern British Columbia. Exploration crews have been active on the site since May, conducting target generation field work, environmental baseline studies, and community consultations [...]
Aclara Resources Chief Executive Officer Ramon Barua joined Steve Darling from Proactive to share significant news about the company's strategic initiatives. Aclara Resources has signed a Memorandum of Understanding with VACUUMSCHMELZE GmbH & Co . This MOU establishes a non-binding, non-exclusive, preliminary agreement for the two companies to [...]
Investor interest in mining stocks is rising as gold mining companies catch up with the precious metal's value. Stabilizing mining costs and record-high gold prices have created a ripe environment for these stocks. Anticipation of a Federal Reserve rate cut, fueled by lower-than-expected inflation data, could boost both gold and mining stocks. With [...]
Intrepid Metals Corp. CEO Ken Brophy joined Steve Darling from Proactive to share the final results from its initial drill program at the Company's Corral Copper Property in Cochise County, Arizona. The final three holes contain the highest-grade intercepts from the initial drill program, all located within the Ringo Zone, along the southern margin [...]
Battery Mineral Resources Corp. is pleased to announce first shipments of copper concentrates related to the Offtake Agreement with Anglo American Sur. S.A. a division of Anglo-American PLC. The Company has supplied 503.74 dry metric tonnes of copper concentrates to Anglo's Chagres smelter in Catemu, Chile. The copper concentrates were produced [...]
First Phosphate Corp. Chief Geologist Gilles Laverdiere joined Steve Darling from Proactive to discuss the latest results from the company's Bégin-Lamarche project in Quebec. The company has completed a 25,929-meter drill program ahead of schedule in April, with all samples now shipped to the lab for analysis. A 43-101 resource estimate will soon [...]