Day: February 16, 2022

Osisko to Proceed With Independent Development of Windfall Project

2022-02-16 20:04:14 TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Osisko Mining Inc. (TSX:OSK) (“Osisko“) provides the update today, that further to its announcement of November 30, 2021, Osisko and Northern Star Resources Limited (“Northern Star“) have agreed to terminate joint venture negotiations with respect to Osisko’s Windfall Project. Osisko has determined that development of the […]

Eric Sprott Reports Holdings in First Majestic Silver Corp.

2022-02-16 17:00:22 Toronto, Ontario–(Newsfile Corp. – February 16, 2022) – Eric Sprott announces that Sprott Mining Inc., (a corporation which he beneficially owns) disposed of a total of 600,000 common shares of First Majestic Silver Corp., over the Toronto Stock Exchange (representing approximately 0.2% of the outstanding shares on non-diluted basis) at a price of […]

Newcrest Mining Limited Announces HY Results FY22

2022-02-16 16:41:12 Half Year Results FY22 (figures are in US$ except where stated)Newcrest advances profitable growth agenda1,2,3,4,5 Creating a brighter future for people through safe and responsible mining More than six years fatality free Development of the Group Net Zero Emissions Roadmap is currently in progress Rollout of Respect@Work program […]

Alpine 4 acquires ElecJet and enters lithium and graphene battery manufacturing industry

Alpine 4 Holdings Inc CEO Kent Wilson and ElecJet CEO Sam Gong joined Proactive to discuss its recent announcement that Alpine has acquired ElecJet/Real Graphene, entering the lithium and graphene battery manufacturing and design. The Phoenix-based tech company and ElecJet are also exploring plans with the State of Indiana to convert its South Bend, Indiana […]

Steppe Gold President and CEO Announces Filing of Early Warning Report

2022-02-16 15:10:26 ULAANBAATAR, Mongolia, Feb. 16, 2022 (GLOBE NEWSWIRE) — Mr. Bataa Tumur-Ochir (“Mr. Tumur-Ochir”), the President and CEO of Steppe Gold Ltd. (the “Corporation”) announces that on January 27, 2022, the Corporation, Mr. Tumur-Ochir and the Development Bank of Mongolia (“DBM”) entered into a form of transfer (the “Transfer Agreement”). Pursuant to the Transfer […]

Gold Standard Ventures Feasibility Study Update and Conference Call

2022-02-16 15:09:45 VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) — Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) (“Gold Standard” or the “Company”) announces an update to the base case scenario of the South Railroad Project Feasibility Study and timing of the Feasibility Study conference call. Investors, media and the public are invited […]

Trigon Metals Closes Final Tranche of Private Placement Financing

2022-02-16 15:09:44 TORONTO, ON / ACCESSWIRE / February 16, 2022 / Trigon Metals Inc. (TSXV:TM) (“Trigon” or the “Company”) has closed a non-brokered final tranche (the “Final Tranche”) of its previously announced non-brokered private placement financing of units (the “Offering”). The Company issued 3,848,665 units (the “Units”) at a price of $0.35 per Unit for […]

Lundin Gold Provides Update on Regional Exploration Drilling

2022-02-16 15:09:29 VANCOUVER, BC, Feb. 16, 2022 /CNW/ – Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (“Lundin Gold” or the “Company) is pleased to provide an update on the completed 2021 regional exploration drilling program of the Suarez pull-apart basin (“the Basin”) and a preview of the 2022 program, which is now underway. The […]

Kinross Gold announces details of its Climate Change Strategy

2022-02-16 15:09:10 TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross” or the “Company”) is pleased to announce details of its Climate Change Strategy (the “Strategy”) and greenhouse gas (“GHG”) reduction action plan, which includes the Company’s commitment to working towards the goals of the 2015 Paris Agreement. The Strategy is […]

Forty Pillars Mining Announces Share Consolidation

2022-02-16 14:37:41 Vancouver, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) — Forty Pillars Mining Corp. (the “Company” or “Forty Pillars”) (CSE:PLLR) announces that February 22, 2022 will be the effective date of the Company’s share consolidation on the basis of 2 old for one new share. The name of the Company will not be changed […]

Coeur Mining Reports Fourth Quarter and Full-Year 2021 Results

2022-02-16 14:37:38 CHICAGO / Feb 16, 2022 / Business Wire / Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today reported fourth quarter 2021 financial results, including revenue of $208 million and cash flow from operating activities of $35 million. The Company reported GAAP net loss from continuing operations of $11 million, or $0.04 […]

Tocvan Ventures Announces Private Placement

2022-02-16 14:29:44 Calgary, Alberta – TheNewswire – February 16, 2022 Tocvan Ventures Corp. (the “Company”) (CSE:TOC) (OTCQB:TCVNF) (WKN:TV3/A2PE64), is pleased to announce it will be proceeding with a non-brokered private placement of up to 666,667 units (the “Units”) at CAD $0.90 per Unit for gross proceeds of up to CAD $600,000 (the “Offering”).  Each Unit […]

K92 Mining Announces High Grades, Record Thicknesses From Maiden Surface Step-Out Drilling Results at Kora South and Judd South, Airborne Geophysics Defines Extensive New Targets

2022-02-16 14:26:33 KUDD0001 at Judd South, stepping out 150 m to the south from the nearest historical surface drill hole and the southernmost hole to date, recorded multiple intersections including 15.25 m at 15.87 g/t gold equivalent (“AuEq”)(1) or 13.23 g/t Au, 15 g/t Ag and 1.53% Cu from the J1 Vein and 2.90 […]

Western Potash Holdings Corp. and Vantage Chance Limited Enter Into Subscription Agreement

2022-02-16 12:52:51 VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) — Western Resources Corp. (“Western”) (TSX: WRX) is pleased to announce that it has signed a subscription agreement (the “Subscription Agreement”) today with Vantage Chance Limited (“Vantage”), in which Vantage has committed to make a strategic equity investment of C$80,000,000 (the “Investment Transaction”) in Western […]

Magna Gold Reports Fatal Accident at San Francisco Mine

2022-02-16 09:56:41 TORONTO, Feb. 16, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”), deeply regrets to report a fatal accident involving three employees at its San Francisco Mine on February 15, 2022. The accident occurred at approximately 11:30 a.m. local time on February 15, 2022.  Three mine employees were in […]

Eagle Plains Resources Completes Airborne Geophysical Survey at the Vulcan Project, Southeast British Columbia

2022-02-16 07:14:28 CRANBROOK, BC / ACCESSWIRE / February 16, 2022 / Eagle Plains Resources Ltd. (TSXV:EPL) is pleased to announce that field crews have successfully completed an extensive helicopter-borne geophysical survey on the Vulcan property located 30 km west of Kimberley, BC. The property holds significant potential to host silver-lead-zinc mineralization similar to that at […]

Ameriwest Lithium Expands its Railroad Valley Property as a Result of Positive Geophysical Findings

2022-02-16 07:14:28 VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) — Ameriwest Lithium Inc. (“Ameriwest” or the “Company”) (CSE: AWLI) (OTC: AWLIF) (FSE: 5HV0), a North American lithium exploration and development company, is pleased to announce the acquisition of 224 claims from American Battery Technology Company (“ABTC”).  The acquisition increases the size of Ameriwest’s Railroad […]

Asante Gold Announces US$100 Million Financing

2022-02-16 07:14:28 Vancouver, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE: ASE/ FRANKFURT: 1A9/U.S.OTC: ASGOF) (“Asante” or the “Company”) is pleased to announce that it has received significant investor interest in a private placement of common shares of the Company to raise up to US$100 million at a price of CAD$1.75 […]

Dynacor Gold Mines Begins 2022 With Sales of US$14.7 Million (C$18.5 Million) for January

2022-02-16 06:58:02 MONTREAL, Feb. 16, 2022 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announces sales of US$14.7 million (unaudited) (C$18.5 million) (1) for January 2022, a US$1.4 million (8.7 %) decrease compared to January 2021. The Veta […]

CAVU Mining Files Hopper 43-101 and Amends Project Portfolio

2022-02-16 06:41:39 Vancouver, British Columbia–(Newsfile Corp. – February 16, 2022) – CAVU Mining Corp. (CSE: CAVU) (OTCQB: CAVVF) (FSE: 8NQ) (“CAVU” or the “Company”) is pleased to provide a corporate update regarding the Hopper Project and its Project Portfolio. Hopper NI 43-101 Technical Report CAVU will be filing a National Instrument 43-101 Technical Report on […]

Cypress Development Engages Torrey Hills Capital

2022-02-16 06:41:39 VANCOUVER, BC, Feb. 16, 2022 /CNW/ – Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. (“Torrey Hills Capital”), a Rancho Santa Fe, California based investor relations firm, to provide market awareness and investor relations services to the […]

Volcanic Gold Mines drills 4.57 meters @ 54.24 g/t Gold & 3,925 g/t Silver

2022-02-16 06:41:31 February 16, 2022 – TheNewswire – Vancouver, British Columbia – Volcanic Gold Mines Inc. (TSXV:VG) (OTC:VLMZF) is pleased to report another exceptional intercept at depth on the Holly Property, Guatemala.  Hole HDD-21-027 intersected 4.57 meters (or approx. 4.1m true width) returning over 54 g/t gold and over 3.9 Kg/t silver.  This hole cut […]

Renforth Resources Exploration Update for Battery Metals, Lithium and Gold

2022-02-16 06:09:59 February 16, 2022 – TheNewswire – Renforth Resources Inc. (CSE:RFR) (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR) (“Renforth” or the “Company”) is pleased to share the following update on our upcoming project activities with shareholders. We will resume field operations this week at our >300 km2 Surimeau District Property in NW Quebec, working to advance our […]

Guanajuato Silver Provides Results from Expansion and Infill Drilling at El Cubo

2022-02-16 06:04:10 VANCOUVER, BC / ACCESSWIRE / February 16, 2022 / Guanajuato Silver Company Ltd. (the “Company” or “GSilver“) (TSXV:GSVR) (OTCQX:GSVRF) is pleased to provide drilling results from its ongoing diamond drill program at its 100% owned El Cubo Mine located east of the city of Guanajuato, Mexico. Highlights include: Drill results at El […]

InZinc Mining Reports Gold in Soil at Indy Project and Plans Large Airborne Geophysical Survey

2022-02-16 06:04:05 Vancouver, British Columbia–(Newsfile Corp. – February 16, 2022) – InZinc Mining Ltd. (TSXV: IZN) (“InZinc” or the “Company“) is pleased to announce final 2021 results and initial 2022 planned activities at the Indy zinc and precious metals project (100% option) (“Indy” or the “Project“) in central British Columbia. In 2018, near surface, high-grade […]

Giyani Metals Announces Significant Mineral Resources Increase and Upgrade for K.Hill Project

2022-02-16 06:03:59 TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) (“Giyani” or the “Company“), developer of the K.Hill manganese oxide project (“K.Hill Project”) in Botswana, is pleased to announce an updated Mineral Resource Estimate (“MRE”) for the K.Hill Project that incorporates its recently discovered southerly extension (“K.Hill Extension”). Highlights A […]

Uranium Energy Corp 2022 Letter to Shareholders

2022-02-16 06:03:51 CORPUS CHRISTI, Texas, Feb. 16, 2022 /CNW/ – Uranium Energy Corp (NYSE: UEC) (the “Company” or “UEC“) is pleased to provide the following letter to its shareholders on the outlook for the Company in 2022 from President and CEO, Amir Adnani. Dear Shareholder, 2022 begins with the highest uranium price in a decade […]

Genius Metals Starts Drilling on the Trans-Taïga Showing at Sakami

2022-02-16 05:54:40 MONTRÉAL, Feb. 16, 2022 /CNW Telbec/ – Genius Metals Inc. (TSXV: GENI) (OTCQB: GNSMF) (“Genius Metals” or the “Company”) is pleased to report the start of a 500m winter drilling program on the Trans-Taïga showing at Sakami located in the James Bay Territory of Québec. The intent is to assess the extension at depth of […]

Skeena Resources Welcomes Randy Reichert as President

2022-02-16 05:38:59 VANCOUVER, BC / ACCESSWIRE / February 16, 2022 / Skeena Resources Limited (TSX:SKE), (NYSE:SKE) (“Skeena” or the “Company”) is pleased to announce the appointment of Randy Reichert as President of the Company, effective April 2022. Mr. Reichert will report to Skeena’s CEO, Walter Coles, and will be responsible for all technical aspects of […]

Warrior Gold Increases Land Holdings in Kirkland Lake, Ontario

2022-02-16 05:38:59 TORONTO / Feb 16, 2022 / Business Wire / Warrior Gold Inc. (TSX-V – WAR) (“Warrior Gold” or the “Company”) is pleased to announce that it has staked additional claim blocks, adding to the KLW land package (Figure 1) increasing the Company’s total land position from 19,350 hectares to 20,769 hectares. Warrior Gold […]

Mawson Gold Announces Update to Southern Cross Gold Spin-Out

2022-02-16 04:10:09 VANCOUVER, BC / ACCESSWIRE / February 16, 2022 / Mawson Gold Limited (“Mawson”) or (the “Company”) (TSX:MAW) (Frankfurt:MXR) (OTC PINK:MWSNF) is pleased to update the business plan of Southern Cross Gold Pty Ltd (“Southern Cross“), the Company’s Australian asset spin-out. Southern Cross holds the 100%-owned Sunday Creek project in Victoria and Mt Isa […]

Barrick Gold Delivers on Guidance, Opens New Exploration Frontiers

2022-02-16 04:10:09 Full Year and Fourth Quarter 2021 ResultsAll amounts expressed in US dollars TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Driven by strong performances from its Africa & Middle East and Latin America regions, Barrick’s production in 2021 was in line with guidance for the third successive year. The Company also more than replaced […]