Day: April 27, 2022

Prospect Ridge Resources Announces Appointment of Dr Allen Alper and Bradley Scharfe as Directors and Tom Morgan as Lead Prospector

2022-04-27 19:04:35 VANCOUVER, BC, April 27, 2022 /CNW/ – Prospect Ridge Resources Corp. (the “Company” or “Prospect Ridge“) (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce the appointment of Metal News Founder and Editor-in-Chief, Dr. Allen Alper as a Director, and “Prospector of the Year” Tom Morgan as lead prospector. These two professionals are incredibly […]

Austral Gold Provides Exploration Update

2022-04-27 17:54:37 Sydney, Australia–(Newsfile Corp. – April 27, 2022) – Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (the “Company” or “Austral”) is pleased to provide an update on its on-going exploration programs in Argentina and Chile during Q1 2022. Exploration expenditures during Q1 2022 were US$1.3 million (CY21: US$8.4 million). The Company continued with its […]

Imperial Metals Announces Normal Course Issuer Bid

2022-04-27 17:07:07 VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) announces the Toronto Stock Exchange (the “TSX”) has accepted the Company’s Notice of Intention to make a Normal Course Issuer Bid (the “Bid”) to be transacted through the facilities of the TSX or alternative Canadian market places. Pursuant […]

GFG Resources Completes Acquisition of the Aljo Mine Gold Claims, Expanding the Goldarm Property in the Timmins Gold District

2022-04-27 15:34:43 SASKATOON, Saskatchewan, April 27, 2022 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has finalized the previously announced acquisition (the “Agreement”) of 100% interest in 14 unpatented mining claims (the “Coulson Claims”) with private, arm’s length vendors (the “Vendors”). The Coulson Claims are adjacent […]

Lundin Mining First Quarter 2022 Results

2022-04-27 15:21:54 TORONTO, April 27, 2022 /CNW/ – (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) today reported earnings attributable to Lundin Mining shareholders of $345.1 million ($0.47 per share) in its first quarter 2022. Adjusted earnings1 were $295.6 million ($0.40 per share) and adjusted EBITDA1 were $587.8 million for the quarter. Peter […]

Sanctions on Russia are ‘for losers'; chances of Fed tightening just tanked – Steve Hanke

Steve Hanke, professor of applied economics at Johns Hopkins University discusses sanctions on Russia, gold, inflation, and monetary policy 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 Steve Hanke on Twitter: @steve_hanke (https://twitter.com/steve_hanke) Hanke-Cofnas Gold Sentiment Index: https://www.thegoldsentimentreport.com/ 0:00 – “Sanctions […]

Touchstone Exploration presents details of further large oil discovery at the Royston-1 well

Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) Paul Baay joins Proactive London’s Katie Pilbeam to talk about their announcement of a further large oil discovery at the Royston-1 well, onshore Trinidad, following the continuation of production testing. Baay details the findings of a second test that tested a second interval in the Royston well – confirming […]

Alamos Gold Reports First Quarter 2022 Results

2022-04-27 14:04:33 TORONTO, April 27, 2022 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended March 31, 2022. “Our first quarter production and costs were in line with guidance and with stronger results expected through the year, we remain well positioned to achieve […]

Coeur Mining Publishes 2021 ESG Report

2022-04-27 13:36:33 CHICAGO / Apr 27, 2022 / Business Wire / Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today published its 2021 ESG Report (the “Report”), highlighting the Company’s progress in advancing its environmental, social and governance practices and responsible mining operations. The Report details the Company’s commitment to transparently disclosing its public […]

Gama Explorations Announces Service Agreement with Venture Liquidity Providers

2022-04-27 12:52:46 VANCOUVER, BC – TheNewswire – (April 27, 2022) Gama Explorations Inc. (CSE:GAMA) (“Gama” or the “Company”) is pleased to announce that it has entered into a service agreement with Venture Liquidity Providers (“VLP) pursuant to which VLP has agreed to provide market making services to the Company in consideration for a monthly payment of $5,000. […]

Electra Battery Materials Approved to List on Nasdaq Capital Markets; Management to Ring the Closing Bell

2022-04-27 12:45:00 TORONTO, April 26, 2022 /CNW/ – Electra Battery Materials Corporation (TSXV: ELBM) (OTCQX: ELBMF) (“Electra”) today announced that the Nasdaq Stock Market LLC has approved the listing of Electra’s common shares on the Nasdaq Capital Market (“Nasdaq”). Electra will commence trading on Nasdaq on April 27, 2022, under the ticker symbol “ELBM”. Electra’s […]

Marvel Discovery Corp raises over $400,000 for exploration at its Canadian mineral properties

[ad_1] Marvel Discovery Corp has raised $401,500 to support its mineral exploration efforts at its Canadian properties. The company issued 1,470,588 Flow-Through Units (FT) and 1,044,828 Non Flow-Through Units (NFT) through a non-brokered private placement, according to a statement. Marvel said the proceeds from the sale of the FT offering would be used to fund the exploration […]

Sanatana Retains Jeff Kyba as BC Exploration Manager

2022-04-27 11:51:00 Vancouver, British Columbia–(Newsfile Corp. – April 27, 2022) – Sanatana Resources Inc. (TSXV: STA) (“Sanatana”) has retained Jeff Kyba as BC Exploration Manager, with an initial focus on the Company’s Oweegee Dome property in BC’s Golden Triangle. Mr. Kyba earned a degree in Earth and Ocean Science from the University of Victoria in […]

Dynacor Gold Mines Declares May 2022 Monthly Dividend

2022-04-27 10:41:12 MONTREAL, April 27, 2022 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend. The declaration of a dividend payment of C$0.0083 per common share will be payable on May 19, 2022, to shareholders of record as of the close of business on May 9, 2022. This […]

Fabled Copper Reports on the Davis Keays UAV Drone Mission Survey

2022-04-27 09:06:04 VANCOUVER, BC / ACCESSWIRE / April 27, 2022 / Fabled Copper Corp. (“Fabled Copper” or the “Company”) (CSE:FABL) (FSE:XZ7) announces the results of 2021 surface field work on it’s Muskwa Copper Project. See Figure 1 below. Figure 1 – General Property Location The Project is comprised of the Neil Property and the Toro […]

Vulcan Minerals Provides Exploration Update

2022-04-27 08:36:29 ST. JOHN’S, Newfoundland, April 27, 2022 (GLOBE NEWSWIRE) — Vulcan Minerals Inc. (“the Company” – “Vulcan” TSX-V: VUL), provides the following exploration update. Colchester Springdale Drilling Update The Company is still waiting for drill assay results. A total of 1511 meters were drilled over 8 scout holes in late 2021 testing a variety […]

CMC Metals Appoints Douglas Coleman to Board of Directors

2022-04-27 08:22:16 VANCOUVER, BC / ACCESSWIRE / April 27, 2022 / CMC Metals Ltd. (TSX-V:CMB) (Frankfurt:ZM5N) (CMCXF:OTC PINKS) (“CMC” or the “Company”) is pleased to announce that Mr. Douglas Coleman has agreed to join the Board of Directors of CMC Metals Ltd. His skill sets will be particularly useful as the Company is advancing several […]

Belmont Resources Announces Completion of First Drill Program at Come By Chance

2022-04-27 06:10:39 Vancouver, B.C. Canada – TheNewswire – April 27, 2022 – Belmont Resources Inc. (“Belmont”), (or the “Company”), (TSXV:BEA) (FSE:L3L2) is pleased to announce that the first drill program at its 100% owned Cu-Au Come By Chance (CBC) Property located in southern B.C has been completed. A total of 1,970 metres were drilled in […]

Quebec Nickel Receives Final Airborne VTEM(TM) Data & Plans to Mobilize a Second Drill to Its Ducros Ni-Cu-PGE Project, Abitibi Quebec

2022-04-27 05:56:10 VTEM(TM) data identify multiple electromagnetic-magnetic targets spatially associated with known ultramafic rocks as well as with the Fortin Sill nickel-copper-PGE surface showing. Vancouver, British Columbia–(Newsfile Corp. – April 27, 2022) – Québec Nickel Corp. (CSE: QNI) (FSE: 7lB) (OTCQB: QNICF) (or the “Company“) is pleased to announce it has received the final data […]

Chesapeake Gold Completes Infill Drilling Campaign at Metates over 22% Average Higher Grades Encountered Within Intrusive-Hosted Mineralization

2022-04-27 05:42:52 Vancouver, British Columbia–(Newsfile Corp. – April 27, 2022) – Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) (“Chesapeake” or the “Company“) is pleased to announce the results from the last thirteen large diameter (PQ or 85 mm) infill core drill holes completed at its flagship Metates gold-silver project in Durango, Mexico. In total, 18 […]

Loncor Gold Continues Discussions with Potential Partners

2022-04-27 05:42:52 TORONTO, April 27, 2022 /CNW/ – Loncor Gold Inc. (“Loncor” or the “Company“) (TSX: LN) (OTCQX: LONCF) (FSE: LO51) reported in its January 31, 2022 press release that the Company was in preliminary discussions with potential strategic partners with respect to the development of Loncor’s gold deposits. These discussions continue.  The initiation of […]

Queensland Gold Hills Mobilizes Drill Rig and Collars First Hole of Inaugural Drill Program at the Big Hill Gold Property in Queensland, Australia

2022-04-27 05:40:18 Vancouver, British Columbia–(Newsfile Corp. – April 27, 2022) – Queensland Gold Hills Corp. (TSXV: OZAU) (OTCQB: MNNFF) (FSE: MB3) (“Queensland Gold” or the “Company“) is pleased to announce that the Company has mobilized the drill rig and collared the first hole for the inaugural drill campaign at our Big Hill property, located in the […]

Big Tree Carbon Announces Arrival

2022-04-27 05:15:07 TORONTO, ON / ACCESSWIRE / April 27, 2022 / Big Tree Carbon Inc. (“Big Tree” or the “Company“) (TSX.V:AGO) is pleased to recognize the beginning of a new era of business development for the resource sector and to announce the Company’s intention to lead in its growth. Globally, public and private corporations in […]

Sun Summit Minerals AGM & Corporate Update

2022-04-27 05:15:07 Vancouver, British Columbia–(Newsfile Corp. – April 27, 2022) – Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) announces that its annual general meeting will be held on Thursday, June 2, 2022, at 10:00 a.m. (Vancouver time) in a hybrid virtual and in person format. Copies of the Notice and Information Circular respecting the […]

Tinone Resources Commences Drilling at Great Pyramid Tin Project

2022-04-27 05:12:29 VANCOUVER, BC, April 27, 2022 /CNW/ – TinOne Resources Inc. (TSXV: TORC) (“TinOne” or the “Company“) is pleased to announce that it has commenced drilling on its Great Pyramid tin project in northeastern Tasmania, Australia.   Highlights   The Great Pyramid tin project has a historic resource, with significant discovery upside, that has […]

Victory Resources Acquires 100% Interest in Saguenay Nickel Project

2022-04-27 04:12:58 Property consists of 5 claims totalling 286.32 ha, approximately 10 km south of Saguenay, Quebec Presence of ore grade Nickel – Copper samples at surface and in drill core Historic grab sample returned up to 3.41% Ni, 1.14% Cu, 1.2 ppm Ag and 0.13% Co VANCOUVER, BC / ACCESSWIRE […]

Imagine Lithium Sells Its Interests in Red Lake

2022-04-27 04:11:33 Vancouver, British Columbia–(Newsfile Corp. – April 27, 2022) – IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the “Company” or “Imagine”) announced today that it has signed amended agreements to divest of all of its holdings in the Red Lake area to Trillium Gold Mines Inc. (TSXV: TGM) (“Trillium”), and Pegasus Resources Inc. (“Pegasus”). Further […]

Azimut Exploration Delivers More Wide Gold Intercepts at Patwon

2022-04-27 03:44:03 Gold Zone Reaches Minimum Depth of 700 metres LONGUEUIL, QC, April 27, 2022 /CNW/ – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report new results from nine (9) holes drilled on the Patwon Gold Zone on the Company’s 100% owned Elmer Property (the “Property”) in the James Bay region of Quebec. The […]

Kingfisher Announces $3.0 Million Private Placement Financing

2022-04-27 02:42:26 NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / April 27, 2022 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) (“Kingfisher” or the “Company”) is pleased to announce a non-brokered private placement of charity flow-through units (the “Charity FT Units”) at a price of C$0.28 per Charity […]

Benchmark Achieves 93% Gold Recovery and Confirms Strong Precious Metals Results Towards the Path to Gold and Silver Production

2022-04-27 00:15:09 Edmonton, Alberta–(Newsfile Corp. – April 27, 2022) – Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the “Company” or “Benchmark“) – is pleased to announce advanced metallurgical laboratory test results for the Company’s 100% owned Lawyers gold-silver Project. The testwork has provided gold leach recoveries averaging 93%, and silver recoveries of approximately […]