Day: February 23, 2022

Hecla Mining Participates in Dolly Varden Silver Corporate Financing

2022-02-23 21:24:12 COEUR D’ALENE, Idaho, Feb. 23, 2022 /CNW/ – Hecla Mining Company (NYSE: HL) (“Hecla“) announced today that on February 22, 2022, a wholly owned subsidiary of Hecla entered into the Subscription Agreement to acquire 9,048,539 Common Shares of Dolly Varden Silver Corporation (“Dolly Varden“).  The transactions under the Subscription Agreement are scheduled to be […]

Lundin Gold Reports Fourth Quarter and Full Year Results

2022-02-23 18:07:10 Production and Cost Performance Beats Guidance, Resulting in Free Cash Flow of $268 million Generated in 2021 VANCOUVER, BC, Feb. 23, 2022 /CNW/ – Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (“Lundin Gold” or the “Company”) today reports results for the fourth quarter and year ended December 31, 2021 (the “2021 Year”). Lundin Gold’s excellent […]

Hudbay Minerals Announces Fourth Quarter and Full Year 2021 Results and Provides Annual Guidance

2022-02-23 16:25:13 TORONTO, Feb. 23, 2022 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its fourth quarter and full year 2021 financial results and annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. Fourth Quarter and Full Year Operating and Financial Results Consolidated […]

The ultimate inflation hedge debate; What is the best way to beat rising costs?

Adrian Day, president of Adrian Day Asset Management and Lobo Tiggre of The Independent Speculator, discuss the best ways to beat inflation with David Lin, anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Lobo Tiggre on Twitter: @duediligenceguy (https://twitter.com/duediligenceguy) 0:00 – Inflation outlook 14:34 […]

CytoDyn says FDA accepts revised rolling review timeline for resubmission of its BLA

CytoDyn Inc CEO Nader Pourhassan joined Proactive to speak about the FDA’s acceptance of its revised “rolling review” timeline for the upcoming resubmission of its biologics license application for leronlimab as a combination therapy for highly treatment-experienced HIV patients. Pourhassan says it expects the non-clinical and CMC (chemistry, manufacturing and controls) sections of the BLA […]

MLK Gold Announces CSE Listing

2022-02-23 15:15:34 WINDSOR, NS, Feb. 23, 2022 /CNW/ – MLK Gold Ltd. (CSE: MLK) (“MLK” or the “Company”) is pleased to announce that it has entered into a purchase agreement of today’s date with a group of arm’s length parties to acquire certain mineral claims adjoining the Company’s Caledonia Brook property located in Newfoundland and […]

A Strong Finish to 2021 as Calibre Mining Exceeds the High-End of Gold Production Guidance With 182,755 Ounces and Closes Fiore Deal to Expand into Nevada

2022-02-23 15:02:37 VANCOUVER, British Columbia, Feb. 23, 2022 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three months and year ended December 31, 2021. Annual Consolidated Financial Statements and the corresponding Management Discussion & Analysis for the year ended December 31, 2021 […]

Torex Gold Resources Reports Strong 2021 Financial Results

2022-02-23 15:02:37 Generates $98 Million In Free Cash Flow1; Exits the Year with $256 Million in Cash and No Debt(All amounts expressed in U.S. Dollars unless otherwise stated) TORONTO, Feb. 23, 2022 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) reports the Company’s financial and operational results for the three and […]

Group Eleven Resources Closes $2.5 Million Non-Brokered Private Placement – Michael Gentile, CFA Maintaining 19.9% Partially Diluted Interest

2022-02-23 14:48:04 VANCOUVER, BC, Feb. 23, 2022 /CNW/ – Group Eleven Resources Corp. (TSXV: ZNG) (OTC: GRLVF) (FRA: 3GE) (the “Company“) is pleased to announce that it has closed its non-brokered private placement (the “Placement“), initially announced on February 3rd, 2022 and subsequently increased on February 4th, 2022, totalling $2,499,800 through the issuance of 20,831,666 […]

Sun Summit Minerals Arranges $4,000,000 Private Placement

2022-02-23 14:32:41 Vancouver, British Columbia–(Newsfile Corp. – February 23, 2022) – Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that it has arranged a non-brokered private placement consisting of: (i) charity “flow-through” units at a price of $0.63 each (“CFT Units“), (ii) “flow-through” units at a price of $0.52 each (“FT […]

District Copper Appoints Braden Jensen to Board of Directors

2022-02-23 14:07:11 Vancouver, British Columbia–(Newsfile Corp. – February 23, 2022) – District Copper Corp. (TSXV: DCOP) (“District Copper”, “District”, or the “Company”) is pleased to announce the appointment of Braden Jensen, to its Board of Directors. Mr. Jensen, CPA (CA) obtained his formal training with KPMG LLP. Before transitioning to the resource industry, he worked […]

Altius Resources Receives Shares and Royalty from Labrador Uranium Inc.

2022-02-23 14:06:20 ST. JOHN’S, Newfoundland and Labrador / Feb 23, 2022 / Business Wire / Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) reports that on February 22, 2022 Altius Resources Inc. (“Altius Resources”), a wholly owned subsidiary of the Corporation, completed its previously announced transaction with Labrador Uranium Inc. (“LUR”) and its […]

OceanaGold Reports Full Year 2021 Financial and Operating Results

2022-02-23 14:06:19 (All financial figures in US Dollars unless otherwise stated) BRISBANE, Feb. 23, 2022 /CNW/ – OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the “Company”) reported its financial and operational results for the year ended December 31, 2021. Details of the consolidated financial statements and the Management Discussion and Analysis (“MD&A”) are available on the Company’s website […]

Pure Energy Minerals to hold Annual General Meeting

2022-02-23 08:14:06 Vancouver, British Columbia–(Newsfile Corp. – February 23, 2022) – Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) (“Pure Energy” or “the Company”) is pleased to announce that it has mailed to Shareholders its 2022 Notice of Meeting, Information Circular and Proxy for its Annual General Meeting (“AGM”) to be held on March 9, […]

Glen Eagle Resources: $6M Potential Windfall Using Cycladex Green Technology

2022-02-23 07:57:11 February 23, 2022 – TheNewswire – Glen Eagle Resources (TSXV:GER) (OTC:GERFF) (“Glen Eagle” the “Company”, or “GER”) announced in a news release dated June 15, 2021 that it was partnering with Cycladex to test an environmentally friendly technology that could better serve our mining suppliers by addressing a broader spectrum of mining needs, […]

Pan Global Resources Commences Airborne Survey over Escacena Project and Adds Drill Holes at the La Jarosa Target

2022-02-23 07:39:28 High resolution electromagnetic and magnetic survey commences targeting VMS-style mineralization First drill hole completed at La Jarosa target and additional holes planned New high priority target identified at Zarcita with coincident Cu Pb Zn soil geochemistry anomaly and alteration over 1.3m of strike Vancouver, British Columbia–(Newsfile Corp. – February […]

Golden Dawn Minerals Drilling Intersected New Mineralization at Lexington, Greenwood BC

2022-02-23 07:22:01 VANCOUVER, BC / ACCESSWIRE / February 23, 2022 / Golden Dawn Minerals Inc., (TSXV:GOM) (FRANKFURT:3G8C) (OTC Pink:GDMRD), (“Golden Dawn” or the “Company“), announces that drilling was successful in intersecting mineralization in all holes completed at the Lexington property in the Greenwood Precious Metals project, southeastern BC. 140 meters Mineralized Section 450 […]

Gitennes Exploration Inc. Recent Drilling Contains Visible Gold in Highly Silicified Zone, New Mosher Gold Property, Chapais-Chibougamau area, Quebec

2022-02-23 07:11:06 Gitennes Recent Drilling Contains Visible Gold in Highly Silicified Zone, New Mosher Gold Property, Chapais-Chibougamau area, Quebec Vancouver, B.C. – TheNewswire – February 23, 2022: Gitennes Exploration Inc. (“Gitennes” or the “Company”) – (TSXV:GIT) announces that visible gold was observed in a highly silicified and sheared zone in Hole NM-22-04 (see Figure […]

Royal Road Minerals Announces Further Drilling Results and Exploration Update from Its Guintär Copper and Gold Project; Colombia

2022-02-23 06:51:04 Toronto, Ontario–(Newsfile Corp. – February 23, 2022) –  Royal Road Minerals Limited (TSXV: RYR) (“Royal Road” or the “Company”) announces results from a further six diamond drill holes and the commencement of further follow-up drilling at its Guintär copper-gold project, in Antioquia Department, Colombia. The Guintär project is part of the Guintär-Niverengo and […]

Blackwolf Samples Up to 30.4 g/t Au and 2,860 g/t Ag From the Cantoo Prospect and Identifies Multiple High-Grade Targets Across the Hyder Properties

2022-02-23 06:39:11 VANCOUVER BC / ACCESSWIRE / February 23, 2022 / Blackwolf Copper and Gold (“Blackwolf“, or the “Company“) (TSXV:BWCG)(OTC PINK:BWCGF) is pleased to announce highly encouraging surface sample assay results from its 2021 reconnaissance exploration program at the 100%-owned, Hyder area properties located northwest of the towns of Stewart, BC and Hyder, AK on […]

QuestEx Gold & Copper Drills 18.30 g/t Gold over 5 metres Within 5.44 g/t Gold Over 21 metres At Inel, KSP Property

2022-02-23 06:39:11 VANCOUVER, BC, Feb. 23, 2022 /CNW/ – QuestEx Gold & Copper Ltd. (TSX-V: QEX) (OTCQX: QEXGF) (“QuestEx” or the “Company“), is pleased to announce another round of 2021 drill results from the Inel gold prospect on its 100% owned, 312 square kilometre (“km“), road accessible KSP property in British Columbia’s prolific Golden Triangle district. Joe Mullin, QuestEx […]

CanAlaska Stakes New Targets in Central Athabasca Basin

2022-02-23 06:39:11 Uranium Mineralization in Basement Outcrop Provides Immediate Targets for Follow-Up 30 Kilometres of Priority Corridors Identified Vancouver, British Columbia–(Newsfile Corp. – February 23, 2022) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) (“CanAlaska” or the “Company”) is pleased to announce compilation work on the Company’s newly acquired Chymko […]

NevGold Identifies Multiple Potential High-Grade Vein Structures Over 4 Km At Ptarmigan And Provides 2022 Exploration Plans

2022-02-23 06:24:30 VANCOUVER, British Columbia, Feb. 23, 2022 (GLOBE NEWSWIRE) — NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQB:NAUFF) (Frankfurt:5E50) is pleased to provide the following update on the 100%-owned Ptarmigan Project, British Columbia (the “Project”). After recent completion of the historical data compilation and interpretation, the Company has identified possible extensions spanning over 4 […]

Namibia Critical Metals Announces CDN$500,000 Private Placement

2022-02-23 06:10:49 HALIFAX, NS / ACCESSWIRE / February 23, 2022 / Namibia Critical Metals Inc. (“Namibia Critical Metals” or the “Company”) (TSXV:NMI) (OTC PINK:NMREF) today announced it intends to complete a non-brokered private placement in the amount of up to $500,000 consisting of units offered at a price of $0.20 per unit (“Private Placement”) representing […]

Sabre Gold Mines Provides Copperstone Project Update

2022-02-23 06:09:16 VANCOUVER, British Columbia, Feb. 23, 2022 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”) is pleased to provide a project update at its 100% owned Copperstone gold project located in Arizona, United States. Giulio T. Bonifacio, President and Chief Executive Officer of Sabre Gold, stated: […]

Fokus Mining Reports 1.03 G/T AuEq over 322.50 Metres on the Galloway Project, Including Sections of 2.31 G/T AuEq over 16.50 Metres and 3.19 G/T AuEq over 12 Metres

2022-02-23 06:06:17 ROUYN-NORANDA, QC, Feb. 23, 2022 /CNW Telbec/ – Fokus Mining Corporation (“Fokus” or the “Company“) (TSXV: FKM) (OTCQB: FKMCF) (FSE: F7E1) is pleased to announce new drilling results on the Hendrick zone of the Galloway Project, located in the Rouyn-Noranda mining sector in Abitibi, Québec. Hole GA-21-56, located in the central portion of […]

Gratomic Announces Update on Capim Grosso Graphite Project Drilling Program in Brazil

2022-02-23 06:06:17 TORONTO, ON / ACCESSWIRE / February 23, 2022 / Gratomic Inc. (“Gratomic”, “GRAT” or the “Company”) (TSXV:GRAT) (OTCQX:CBULF) (FSE:CB82) announces more preliminary findings from its 5,000-meter diamond drill program on the Capim Grosso graphite project located within the Bahia State of Brazil, to further delineate graphite mineralization on a recently completed two-fold trenching […]

Canada Rare Earth in Business and Leveraging its Foundational Accomplishments

2022-02-23 05:58:05 Vancouver, British Columbia–(Newsfile Corp. – February 23, 2022) – Canada Rare Earth Corp. (TSXV: LL) (“Canada Rare Earth” or the “Company“) is actively responding to the urgent demands of international businesses and national governments for continuous, reliable supply of rare earths. The Company is enhancing its mineral supply chain capabilities with business operations […]

World Copper Ltd.: Invitation to Red Cloud’s 2022 Very Pre-PDAC Mining Showcase

2022-02-23 05:05:46 Toronto, Ontario–(Newsfile Corp. – February 23, 2022) – World Copper Ltd. (TSXV: WCU) is pleased to announce that the company will be presenting at Red Cloud’s 2022 Very Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there. The annual conference will be a virtual event this year […]

Luminex Resources Commences Drilling at Orquideas

2022-02-23 05:02:12 Highlights: 2,500 metre initial drill program planned across five holes Targeting surface copper highs and Induced Polarization chargeability anomalies with supporting geological mapping used to rank porphyry copper-molybdenum drill targets VANCOUVER, BC, Feb. 23, 2022 /CNW/ – Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the “Company” or “Luminex”) is pleased to announce […]

Trilogy Metals Provides Update on the Ambler Access Project

2022-02-23 04:34:59 VANCOUVER, BC, Feb. 23, 2022 /CNW/ – Trilogy Metals Inc. (TSX: TMQ) (NYSE: TMQ) (“Trilogy” or the “Company”) is providing an update on the Ambler Access Project (“AAP”). Yesterday, the United States Department of the Interior (“DOI”) filed a motion to remand the Final Environmental Impact Statement (“FEIS”) and suspend the right-of-way permits […]

New Found Gold Provides Results of QA/QC Review

2022-02-23 04:06:12 VANCOUVER, British Columbia / Feb 23, 2022 / Business Wire / New Found Gold Corp. (“New Found” or the “Company”) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce results of work programs and analysis completed by independent consultants initiated to investigate possible bias indicated by a set of 30 half-core duplicate assays (see […]