Day: January 24, 2022

StraightUp Resources Closes Initial Tranches of Private Placement

2022-01-24 18:06:04 Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) (“StraightUp”or the “Company”) announces that it has closed the first and second tranche of its non-brokered private placement announced on January 10, 2022 (the “Private Placement”). The Company raised a total of $255,000 through the issuance of 150,000 flow through […]

Can gold and Bitcoin breach new all-time highs in 2022? Frank Holmes on threats, opportunities

Gold’s status as a store of value is being challenged by another asset that is becoming more recognized as having a similar role in financial markets, said Frank Holmes, CEO of U.S. Global Investors. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Macro outlook 8:30 – Jewelry […]

Matador Mining bolstered by new gold hits at Cape Ray property

Matador Mining’s Warren Potma tells Proactive about a key intersection at the Window Glass Hill Granite margin target, a key prospect within the Cape Ray gold property in Newfoundland, Canada. He believes the fresh results — combined with a recent ‘Explorer of The Year’ award in the district — bode well for Matador’s 2022 exploration […]

Canstar Resources Acquires the Hermitage Property, Expanding its Newfoundland Gold Exploration Project Claims to 774 km2

2022-01-24 15:17:33 Toronto, Ontario – TheNewswire – January 24, 2022 – CANSTAR RESOURCES INC. (TSXV:ROX) & (OTC:CSRNF) (“Canstar” or the “Company”) is pleased to announce that it has signed a binding property purchase agreement with Altius Resources Inc. (“Altius”), a wholly owned subsidiary of Altius Minerals Corporation (TSX: ALS), to acquire a 100% interest in […]

PNG Copper Inc. Announces Closings of Private Placement and Debt Settlement

2022-01-24 15:17:32 Toronto, Ontario–(Newsfile Corp. – January 24, 2022) – PNG Copper Inc. (CSE: PNGC) (“PNG Copper” or the “Company“) is pleased to announce the simultaneous closings of a brokered private placement offering (“Private Placement“) and settlement of outstanding indebtedness with senior management of the Company (“Debt Settlement“). The Company, pursuant to the Private Placement, […]

New Pacific Metals: Appointment of CEO and Chairman of the Board

2022-01-24 15:11:25 VANCOUVER, BC, Jan. 24, 2022 /CNW/ – New Pacific Metals Corp. (“New Pacific” or the “Company”) (TSX: NUAG) (NYSE American: NEWP) announces that the board of directors (the “Board”) has accepted the resignation of Dr. Mark Cruise as Chief Executive Officer (“CEO”) and as director of the Board of New Pacific. The Company wishes Dr. Cruise well […]

Nouveau Monde Graphite Announces Grant of Stock Options

2022-01-24 15:05:45 MONTRÉAL / Jan 24, 2022 / Business Wire / Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) announces the grant of 225,000 stock options to an officer. These stock options are granted in accordance with the terms of the stock option plan of the Company. Each option entitles […]

Lithium Chile Upsizes Its Previously Announced $0.70 Unit Financing

2022-01-24 13:05:22 CALGARY, ALBERTA – TheNewswire – January 24, 2022 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) (TSXV:LITH) (OTC:LTMCF) is pleased to announce that it has closed its subscription books, and due to strong investor demand for its recently announced non-brokered private placement of units of the Company (“Units”) at a price of […]

Trevali Mining Monitoring Ongoing Political Situation in Burkina Faso

2022-01-24 12:49:34 VANCOUVER, BC, Jan. 24, 2022 /CNW/ – Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV) (OTCQX: TREVF) (BVL:TV) (Frankfurt: 4TI) takes note of the ongoing political situation in Burkina Faso. We are continually monitoring the developments to determine the extent, if any, to which operations at Perkoa may be impacted and will provide […]

Forte Minerals Closes IPO; Will Commence Trading on the CSE January 25

2022-01-24 11:27:51 VANCOUVER, BC, Jan. 24, 2022 /CNW/ – Forte Minerals Corp. (“Forte” or the “Company”), (CSE:CUAU) is pleased to announce that it has completed its initial public offering (the “Offering“) of 9,583,332 units (each a “Unit“) at a price of $0.30 per Unit, which included the exercise in full of an over-allotment option. The Offering […]

Discovery Harbour Resources Announces Fortuity 89, Nevada Drilling Underway

2022-01-24 11:02:52 Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the “Company” or “Discovery Harbour“) announces that Newcrest Resources, Inc., a wholly owned subsidiary of Newcrest Mining Limited (“Newcrest“), has confirmed that its planned drill program at Fortuity 89, Nevada is underway. Subject […]

TDG Gold Corp. Drills 95.5 Metres of 1.35 g/t Gold Equivalent North of Shasta Creek Zone, Shasta Mine, Toodoggone, B.C.

2022-01-24 10:11:01 WHITE ROCK, BC / ACCESSWIRE / January 24, 2022 / TDG Gold Corp. (TSXV:TDG) (the “Company” or “TDG”) is pleased to announce the results of diamond drillhole SH21-006 from its 2021 drill program at TDG’s former producing high-grade gold-silver Shasta Mine located in the historical Toodoggone Production Corridor of north-central B.C. Highlights include […]

World’s Top Gold ETF Sees Holdings Surge in Bullish Demand Sign

The best gold ETF in the world sees its holdings increase in bullish demand SignGold has just received a very bullish signal from investors who are returning massively to the precious metal.  SPDR Gold Shares, the largest bullion-backed exchange-traded fund, posted its largest net dollar inflow since its listing in 2004 on Friday at $1.63 […]

Fortuna Silver Mines Provides Update on Political Events in Burkina Faso

2022-01-24 08:59:55 VANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports that its Yaramoko gold Mine located in Burkina Faso, its workforce and associated supply chains have not been affected by the current political situation and its operations continue as normal. The Company continues to monitor […]

Genesis Metals Announces New Resource Estimate for Chevrier Gold Project, Quebec

2022-01-24 08:29:04 Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – Genesis Metals Corp. (TSXV: GIS) (“Genesis” or the “Company”) today reports a new mineral resource estimate for the Main Zone and updates for the East and South Zones, classified as mineral inventories, at its Chevrier gold project near Chibougamau, Quebec. Highlights include: MAIN ZONE PIT-CONSTRAINED RESOURCE – […]

Nuinsco Resources Announces Closing of Private Placement

2022-01-24 07:47:14 Toronto – TheNewswire – January 24, 2022 – Nuinsco Resources Limited (“Nuinsco” or the “Company”) (CSE:NWI) (CNSX:NWI.CN) (OTC:NWIFF) today announced that it has closed a non-brokered private placement offering in two tranches, issuing 14,125,000 flow-through units (each, a “Unit”) at a subscription price of $0.016 per Unit for aggregate proceeds of $226,000 (the […]

Astra Exploration Begins Trading on TSX Venture Exchange and Introduces Drill Ready Gold Portfolio in Chile

2022-01-24 07:46:33 VANCOUVER, BC, Jan. 24, 2022 /CNW/ – Astra Exploration Inc. (TSXV: ASTR) (“Astra” or the “Company” and formerly Momentous Capital Corp.) is pleased to announce that it has closed its qualifying transaction (the “Transaction”) and will commence trading on the TSX Venture Exchange (the “TSX-V”) on January 26, 2022 under the symbol “ASTR”. Company Highlights […]

Fidelity Minerals Engages SGS for Historic Data Review, Validation, 3D Modelling, and Drill Planning to Support the Las Huaquillas Project, Northern Peru

2022-01-24 07:34:14 Vancouver, BC – TheNewswire – January 24th, 2022 – Fidelity Minerals Corp. (TSXV:FMN) (FSE:S5GM) (SSE:MNYC) (OTC:SAIDF) (“Fidelity” or the “Company”) is pleased announce that it has engaged SGS Geological Services (“SGS”) to complete a historic data review, validation, 3D modelling, and drill hole planning to support the Las Huaquillas Project (the “Project”) in […]

EnGold Mines Adds to Lac La Hache Land Package, 2021 Drill Program Assays Still Pending

2022-01-24 07:16:28 Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – David H. Brett, President & CEO, EnGold Mines Ltd., (TSXV: EGM) (“EnGold” or the “Company”) reports that EnGold has reached an agreement with Pacific Empire Minerals Corp (“Pacific Empire,”) to acquire the LLH1 mineral claim, comprising 1,315 hectares, for consideration of a 2% NSR […]

Kuya Silver Receives Authorization for the Construction of the Bethania Process Plant and Announces Appointment of New Director to the Board

2022-01-24 07:05:55 The Authorization permits construction of a 350 tonne per day processing plant as well as tailings management facilities and other infrastructure Javier Del Rio has been appointed to the Kuya Silver Board of Directors Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) […]

Karora Resources: Third Major Beta Hunt Shear Zone Extended to Over 500 metres of Strike with Potential to Extend Over 2 kilometres and New Gamma Block Gold Mineralization Delineated Over 200 metres of Strike

2022-01-24 07:02:51 Highlights: Gold mineralization in the Fletcher Shear Zone, the third major Beta Hunt Shear Zone, has now been extended to over 500 metres along strike and 150 metres in vertical extent with step-out drilling. Potential exists for the Shear Zone to extend up to 2 kilometres in strike while remaining open at […]

Benchmark Metals Drills 49.10 Metres of 2.36 G/t Gold Equivalent at the Dukes Ridge Deposit and Extends Mineralization from Surface to 220 Metres Depth

2022-01-24 07:02:18 Edmonton, Alberta–(Newsfile Corp. – January 24, 2022) – Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the “Company” or “Benchmark“) is pleased to announce new results from 27 infill and expansion drill holes at the Dukes Ridge Deposit, including 49.10 metres (m) core length of 1.86 grams per tonne (g/t) gold and 39.96 […]

M3 Metals Provides Update on the Block 103 Iron Ore Project

2022-01-24 07:02:18 Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – M3 Metals Corp. (TSXV: MT) (FSE: X0VP) (“M3 Metals” or the “Company”) is pleased to announce it has completed a LiDAR and Orthophoto survey on its 100% owned Block 103 Iron Ore Project (the “Property”) in Newfoundland and Labrador, Canada. The primary objective of […]

Western Uranium & Vanadium Corporate Update

2022-01-24 07:02:18 Toronto, Ontario and Nucla, Colorado, Jan. 24, 2022 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the “Company”) is pleased to provide the following updates. OTCQX Best 50 The OTC Markets Group has named Western to the 2022OTCQX® Best 50, a ranking of top performing companies traded […]

Battery Mineral Resources Closes First Tranche of Unsecured Convertible Debenture Financing

2022-01-24 06:34:47 Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) – Battery Mineral Resources Corp. (TSXV: BMR) (OTCQB: BTRMF) (“Battery” or “BMR” or the “Company”) is pleased to announce that it has closed the first tranche of the non-brokered private placement of 8% unsecured convertible debentures (the “Debentures”) previously announced in the Company’s news release […]

Silver X Mining Announces Shares for Debt Transaction

2022-01-24 06:08:20 VANCOUVER, BC / ACCESSWIRE / January 24, 2022 / SILVER X MINING CORP. (TSXV:AGX) (OTCQB:WRPSF) (“Silver X” or the “Company“) is pleased to announce that the board of directors of Silver X has approved the settlement of up to CAD$249,680 of debt (the “Debt Settlement“) through the issuance of common shares of the […]

Capitan Mining Drills 38.1m of 0.63 G/t AuEq Within a Broad Zone of 195.1m of 0.34 G/t AuEq. Makes New Discovery of Jesus María Style Silver Mineralization Beneath Capitan Hill Gold Deposit

2022-01-24 05:03:34 Vancouver, British Columbia–(Newsfile Corp. – January 24, 2022) –  Capitan Mining Inc. (TSXV: CAPT) (“Capitan” or the “Company”) is pleased to report results from drillhole 21-CARC-29 and regional surface work from its fall work program at the Peñoles project, Durango, Mexico. Highlights: RC Hole: 21-CARC-29 intersected 38.1m of 0.63g/t AuEq within a broad zone of […]

K92 Mining 2022 Operational Guidance Forecasts Significant Production Increase

2022-01-24 04:35:26 Production in 2022 is expected to grow up to 34% year over year, with gold equivalent (“AuEq”) production of 115,000 to 140,000 ounces, a range that incorporates a COVID-19 contingency. High margin production forecasted in 2022, with cash costs between $560-$640 per ounce gold and all-in sustaining costs (“AISC”) between $890-$970 […]

O3 Mining Intersects 12.0 g/t Au Over 8.3 Metres From Kappa Zone at its Alpha Project

2022-01-24 04:01:27 TSXV:OIII | OTCQX:OIIIF TORONTO, Jan. 24, 2022 /CNW/ – O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining” or the “Corporation”) is pleased to provide an update on its fully-funded 250,000 metre drilling program at its Marban and Alpha properties in Val-d’Or, Québec, Canada which seeks to convert, expand, and discover new gold resources. The […]

Core Assets Announces Changes to Management and Advisory Board

2022-01-24 01:11:49 VANCOUVER, BC / ACCESSWIRE / January 24, 2022 / Core Assets Corp., (“Core Assets” or the “Company“) (CSE:CC)(FSE:5RJ)(WKN:A2QCCU)(OTCQB:CCOOF) is pleased to announce that it has appointed Ms. Monica Barrington as Vice President of Exploration, Mr. Joel Faltinsky as Director, and Mr. David Gower as a Technical Advisor to the Company. The Company also […]