Day: January 4, 2022

Kainantu Resources Closes $1.67M First Tranche of $1.5M Oversubscribed Financing

2022-01-04 17:34:18 VANCOUVER, BC, Jan. 4, 2022 /CNW/ – Kainantu Resources Ltd. (TSXV: KRL) (FSE: 6J0) (“KRL” or the “Company”), the Asia-Pacific focused gold mining company, is pleased to announce that it has closed the first tranche of its previously announced upsized private placement financing of $2 million (the “Offering”). The Offering was originally announced […]

Adventus Mining and Salazar Resources Enter Into Joint Venture to Develop the Curipamba Copper-Gold Project

2022-01-04 15:30:07 TORONTO, Jan. 4, 2022 /CNW/ – Adventus Mining Corporation (“Adventus”) (TSXV: ADZN) (OTCQX: ADVZF) and Salazar Resources Limited (“Salazar”) (TSXV: SRL) (collectively the “Participants”) are pleased to announce that the formal earn-in mechanics have been completed and Adventus is now a 75% owner of the Curipamba copper-gold project in Ecuador (“Curipamba”). The Participants have executed a shareholders’ agreement […]

Damara Gold Announces the Issuance of Final Tranche of Shares to Canagold Resources Ltd. Under the Assignment Agreement

2022-01-04 15:14:35 TheNewswire – January 4, 2022 – DAMARA GOLD CORP. (TSXV:DMR) (“Damara” or the “Company”) announces further to the news release of April 30, 2021 announcing the exercise of the option (“the “Option”) from Universal Copper Ltd. (“Universal”) and Sydney Wilson (“Wilson”) via an assignment agreement (the “Assignment”) between Damara and Canagold Resources Ltd. […]

Dynasty Gold Reports NI 43-101 Compliant Gold Resource for Thundercloud

2022-01-04 15:09:33 Vancouver, British Columbia–(Newsfile Corp. – January 4, 2022) – Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) (“Dynasty” or the “Company”) is pleased to announce that it has received an independent mineral resource estimate report prepared in accordance with National Instrument Resource Estimate Disclosure for Mineral Projects (“NI 43-101”). The report […]

Will the dollar really crash in 2022? FX strategist gives outlook on gold, silver, inflation

Chester Ntonifor, FX Strategist of BCA Research discusses with David Lin, anchor for Kitco News, the direction of the U.S. dollar in 2022. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow BCA Research on Twitter: @bcaresearch (https://twitter.com/bcaresearch) 0:00 – Drivers of FX 6:00 – COVID and USD 7:25 […]

Endeavour Silver Appoints Amy E. Jacobsen to Board of Directors

2022-01-04 14:55:43 VANCOUVER, British Columbia, Jan. 04, 2022 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) is pleased to announce the appointment of Amy E. Jacobsen, QP, P.E., MBA to the Company’s board of directors effective January 3, 2022. “We are delighted to welcome Amy to our board. She is well recognized for […]

Harvest Gold Announces Closing of Private Placement

2022-01-04 14:12:21 Vancouver, British Columbia – TheNewswire – January 4, 2022 ‑ Harvest Gold Corporation (TSXV:HVG) (OTC:HVGDF) (“Harvest Gold” or the “Company”) is pleased to announce that, subject to the final approval of the TSX Venture Exchange (the “Exchange”) and further to its news release of December 30, 2021, it has closed its non-brokered private […]

Fortitude Gold Submits Golden Mile Project Plan of Operations

2022-01-04 13:14:11 COLORADO SPRINGS, CO / ACCESSWIRE / January 4, 2022 / Fortitude Gold Corp. (OTCQB:FTCO) (the “Company”) announced it has filed a Plan of Operations with the Bureau of Land Management (“BLM”) for the Golden Mile project located in Mineral County, Nevada, U.S.A. Proposed operations at Golden Mile include an open pit mine and […]

RING OF FIRE Electrical Infrastructure Capex Study Finds Electrification of Marten Falls, Webequie, Eabematoong, Neskantaga and Nibinamik First Nations Economically Feasible with Rail-Veyor Tramway Installation

2022-01-04 10:21:42 Toronto, Ontario–(Newsfile Corp. – January 4, 2022) – KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW61) (“KWG” or the “Company”) and Canada Chrome Corporation (“CCC”) are pleased to announce their receipt of an Electrical Infrastructure Capex Report from OneLine Engineering, Engineering Branch of EPTCON Ltd., a Cormorant Utility Services Company (the “Electrification Plan“). The report […]

Opus One Resources Announces Closing of a Flow-Through Private Placement Financing

2022-01-04 10:00:09 MONTREAL, Jan. 04, 2022 (GLOBE NEWSWIRE) — OPUS ONE Resources Inc. (the “Company” or “OPUS ONE”) – (TSX Venture Exchange: OOR), announces that it has closed, on December 30, 2021, it’s previously announced non-brokered flow through private placement (the “Flow Through Offering”) for total gross proceeds of $173,000. In total, the Company issued […]

Global Atomic’s Turkish Operations Unaffected by Government’s Recent Economic Announcement

2022-01-04 10:00:09 TORONTO, Jan. 4, 2022 /CNW/ – Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) reports that it is business as usual at its Turkish joint venture operation, Befesa Silvermet Turkey (‘BST”), following recent announcements by the Turkish government regarding the conversion of a portion of revenues into Turkish lira.   […]

Mundoro to explore Arizona with Vale

2022-01-04 02:31:45 “We have out what I think is a stellar portfolio of copper projects in the Tethyan belt which have the potential for more porphyry-style mineralisation and that is what people have come to know us for. As we’ve built-out relationships with the seniors, we’ve been very keen for quite some time to expand […]

Quebec investors should temper their expectations in 2022: analysts

2022-01-01 08:36:40 MONTREAL — While it may cause stock market turbulence, the Omicron variant should not cause a major stock market shock. However, investors should temper their expectations after three exceptional years on the markets. The above is Desjardins Wealth Management Michel Doucet and his colleague Jean-René Ouellet’s advice for those looking for guidance in […]

Sibanthracite improves WWF rating of mining companies

2021-12-31 02:34:59 In 2021, Sibanthracite moved up from 33rd to 17th place in the World Wildlife Fund (WWF)-Russia ranking of environmental information transparency of mining and metallurgical enterprises. At the same time, Sibanthracite took the third place among the coal mining companies participating in the rating. The final grade of Sibanthracite was 1.144 points – […]

Bitcoin And Altcoins Explained: 6 Important Things You Need To Know

2021-12-29 15:22:06 The world of cryptocurrency has always been on everyone’s radar but recently has boomed in popularity, and for good reason. Investing in Bitcoin and Altcoins has become more accessible to the average person in 2021 and many are flocking to get their hands on some cryptocurrencies! Cryptocurrency offers people an alternative way to […]

Romans exploited silver deposits in Portugal, Spain to make coins

2021-12-29 13:15:31 Silver became widely used for coinage in the Roman world from the 7th century BCE onward and provided a standardized monetary system for ancient Mediterranean civilizations. The problem is that it is difficult to determine which deposits Roman miners exploited because most of them have been depleted. However, the ones that still stand […]

McLaren Resources Closes $266,560 Financing

2022-01-04 07:32:48 Toronto, Ontario–(Newsfile Corp. – January 4, 2022) – McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) (“McLaren” / the “Company”) announces that it has closed a non-brokered private placement financing consisting of flow-through share units (the “Flow-Through Units”) for gross proceeds of $266,560. The Company has issued a total of 3,808,000 Flow-Through Units. The […]

Silver Elephant Mining Announces Conversion of Flying Nickel’s FT Subscription Receipts

2022-01-04 07:27:38 VANCOUVER, BC / ACCESSWIRE / January 4, 2022 / Silver Elephant Mining Corp. (“Silver Elephant” or the “Company”) (TSX:ELEF) (OTCQX:SILEF) (Frankfurt:1P2N) is pleased to provide the following update further to its news release dated November 30, 2021 with respect to previously completed private placement (the “Flying Nickel Offering“) of flow-through subscription receipts of […]

Stellar AfricaGold President Delivers New Year’s Message and Reports AGM Results

2022-01-04 07:09:22 Vancouver – TheNewswire – January 4, 2021 – J. François Lalonde, President and Chief Executive Officer of Stellar AfricaGold Inc., (TSXV:SPX) (OTC:STLXF) (“Stellar” or the “Company”) reports: President’s New Year’s Address “Holding Stellar’s AGM at the end of the calendar year provides a natural opportunity to reflect on the recent year […]

Ubique Minerals Provides New Year Corporate Update

2022-01-04 07:02:21 TORONTO, ON / ACCESSWIRE / January 4, 2022 / Ubique Minerals Limited (“Ubique”) (CSE:UBQ) would like to update its shareholders on its ongoing corporate developments. During the last twelve months the Company has further engaged in its Daniel’s Harbour project and strengthened its management team along with looking beyond borders to engage in […]

One World Lithium Announces Drill Hole Sample Results from Salar Del Diablo Project

2022-01-04 07:01:53 VANCOUVER, BC – TheNewswire – January 4, 2022 – One World Lithium Inc. (CSE:OWLI) (CNSX:OWLI.CN) (OTC:OWRDF) (the “Company” or “OWL”) announces that on December 31, 2021, it received Montgomery and Associates Consultores Limitada (“M&A”) Report for the Company’s 2019 and 2021 four-hole exploration diamond drilling program that was conducted at its Salar del Diablo […]

Northern Graphite Announces Senior Management Appointments

2022-01-04 07:01:53 Ottawa, Ontario–(Newsfile Corp. – January 4, 2022) – Northern Graphite Corporation (TSXV: NGC) (OTC Pink: NGPHF) (the “Company” or “Northern“) is pleased to announce a number of new management appointments which are part of an ongoing process designed to strengthen the Company’s management team. These new additions will help guide Northern through the transition […]

Pegasus Resources Inc. Extends High-grade Polymetallic Mineralized System to Over 900 Meters Strike Length at the Gold Mountain Property

2022-01-04 06:32:12 VANCOUVER, British Columbia, Jan. 04, 2022 (GLOBE NEWSWIRE) — Pegasus Resources Inc. (TSXV: PEGA) (the “Company” or “Pegasus”) is pleased to announce the conclusion of the summer 2021 prospecting program carried out on its wholly owned (100% Pegasus) Gold Mountain (“Gold Mountain”) and Punch Bowl (“Punch Bowl”) properties located north of Golden, British […]

Osisko Mining Appoints Simard Vice President Exploration

2022-01-04 06:03:54 TORONTO, Jan. 04, 2022 (GLOBE NEWSWIRE) — Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to announce that Mr. Pascal Simard has been promoted to the position of Vice-President Exploration, where he will manage all exploration activities of the corporation. Pascal joined Osisko Mining Inc. in 2016 and most recently held the position […]

Monumental Minerals Announces Appointment of Max Sali as Interim CEO

2022-01-04 06:03:54 VANCOUVER, BC, Jan. 4, 2022 /CNW/ – Monumental Minerals Corp. (“Monumental” or the “Company“) (TSXV: MNRL) is pleased to announce the appointment of Max Sali as the interim chief executive officer of the Company. Mr. Todd Macdonald has resigned from the board of directors and as the chief executive officer of the Company, […]

Libero Copper Intercepts 97 Metres Of 0.34% Copper Equivalent At Big Bulk

2022-01-04 06:03:54 VANCOUVER, BC, Jan. 4, 2022 /CNW/ – Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) is pleased to report assay results for the five hole, 1,743 metre drill program at the Big Bulk porphyry copper project in British Columbia’s Golden Triangle. Results suggest the presence of a large mineralizing system, […]

ALX Resources Corp. Provides Corporate Update

2022-01-04 05:36:07 Vancouver, British Columbia–(Newsfile Corp. – January 4, 2022) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) (“ALX” or the “Company”) announced today that after seven years of service to ALX, Robert (“Sierd”) Eriks has decided to retire as President and Chief Geologist and as a Director of the Company. Mr. Eriks has agreed to […]

Ceylon Graphite Announces Receipt Of Environmental Permit For K1 Mining Operations

2022-01-04 05:20:15 Vancouver, British Columbia, Jan. 04, 2022 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon”) (TSX-V: CYL) (OTC:CYLYF) (FSE: CCY) is pleased to announce receipt of the renewal of its Environmental Protection Licence from the Central Environmental Authority of Sri Lanka for ongoing operations at the K1 Mine. The Licence is valid for three years […]

BacTech Environmental Hires Sustainable Mining Veteran David Tingey as New Chief Operating Officer

2022-01-04 04:08:34 Experienced International Executive and Sustainability Professional  Will Lead Ecuador Site Operations and Bioleaching Project Development TORONTO, ON – TheNewswire – January 4, 2022 – BacTech Environmental Corporation (CSE:BAC) (CNSX:BAC.CN) (OTC:BCCEF) (FSE:0BT1) (“BacTech or the Company”), a commercially proven environmental technology company delivering effective and eco-friendly biomining and remediation solutions, […]

Inca One Reports Record Gold Production of 3,648 Ounces in December

2022-01-04 03:39:07 Vancouver, British Columbia–(Newsfile Corp. – January 4, 2022) – INCA ONE GOLD CORP. (TSXV: INCA) (OTCQB: INCAF) (FSE: SU92) (“Inca One” or the “Company“) a gold producer operating two, fully permitted, mineral processing facilities in Peru, announces December production results from its Chala One Plant (“Chala One“) and Kori One Plant (“Kori One“), […]

FAR Resources Changes Name to Foremost Lithium Resource & Technology

2022-01-04 01:32:17 VANCOUVER, British Columbia, Jan. 04, 2022 (GLOBE NEWSWIRE) — FAR Resources Ltd (CSE:FAT) (FSE:F0R) (OTC Pink:FRRSF) (“Foremost” or the “Company”) is pleased to announce that it will be changing the Company’s name to FOREMOST LITHIUM RESOURCE & TECHNOLOGY LTD.   In connection with the name change, the Company’s trading symbol “FAT” for its common […]

E3 Metals Appoints John Pantazopoulos as Chairperson and Thanks Liz Lappin for Her Years of Service with E3 Metals

2022-01-04 01:26:43 CALGARY, AB, Jan. 4, 2022 /CNW/ – E3 METALS CORP. (TSXV: ETMC) (FSE: OU7A) (OTCQX: EEMMF) (the “Company” or “E3 Metals”), an emerging lithium developer and leading direct lithium extraction (“DLE”) technology innovator, today announces the appointment of John Pantazopoulos as Chair of the Board. The Company would also like to thank Liz Lappin, […]

Core Assets Announces $1.5 Million Private Placement Led By Crescat Capital

2022-01-04 01:10:08 VANCOUVER, BC / ACCESSWIRE / January 4, 2021 / Core Assets Corp., (“Core Assets” or the “Company“) (CSE:CC) (Frankfurt:5RJ WKN:A2QCCU) (ISIN:CA 21871U 10 5) (OTCQB:CCOOF) is pleased to announce it has arranged a non-brokered private placement (the “Offering“) of 6,250,000 units (each, a “Unit“) at a price of $0.24 per Unit for gross […]