Day: May 11, 2022

AEX Gold Becomes Largest Acreage Holder in Southern Greenland

2022-05-11 23:09:43 Acquisition of Significant Strategic Mineral Land Package in South Greenland from Orano Group TORONTO, ON / ACCESSWIRE / May 12, 2022 / AEX Gold Inc. (AIM:AEXG)(TSXV:AEX), an independent mining company with an unrivalled land package of gold and strategic mineral assets in Greenland, is pleased to announce it has acquired mineral exploration licences […]

EDM Resources Announces Filing of Its 2021 Annual Financials

2022-05-11 18:26:47 Halifax, Nova Scotia–(Newsfile Corp. – May 11, 2022) – EDM Resources Inc. (TSXV: EDM) (“EDM” or the “Company“) announces that further to its news release of May 10, 2022, the Company advises that it has now filed its 2021 year-end financial statements and related materials on SEDAR, and expects the cease trade order […]

Torex Gold Resources Reports First Quarter Financial Results

2022-05-11 15:18:55 (All amounts expressed in U.S. Dollars unless otherwise stated) TORONTO, May 11, 2022 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) reports the Company’s financial and operational results for the three months ended March 31, 2022. The Company will host a conference call tomorrow morning at 9:00 AM […]

Gold is 'the most confusing' of all commodities right now

The latest comments from the Federal Reserve triggered a massive selloff across all risk assets. But why is gold still below the $1,900 level? Here’s a look at Kitco’s top three stories of the week: 3. Gold and bitcoin jump as Fed’s Powell takes 75bps hike off the table in June https://www.kitco.com/news/2022-05-04/Gold-price-bitcoin-price-jump-as-Fed-s-Powell-takes-75bps-hike-off-the-table-in-June.html 2. Bitcoin price […]

Largo Reports First Quarter 2022 Financial Results and Provides Adjusted 2022 Guidance; Announces Intention to Commence Normal Course Issuer Bid

2022-05-11 14:55:57 TORONTO / May 11, 2022 / Business Wire / Largo Inc. (“Largo” or the “Company“) (TSX: LGO) (NASDAQ: LGO) today released financial and operating results for the three months ended March 31, 2022. The Company reported quarterly vanadium pentoxide (“V2O5”) equivalent sales of 2,232 tonnes at a cash operating cost excluding royalties per […]

Moneta Gold Increases Resources to 4,265,000 Oz Gold Indicated and 7,496,000 Oz Gold Inferred at Tower Gold Project

2022-05-11 14:55:57 Toronto, Ontario–(Newsfile Corp. – May 11, 2022) – Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (XETRA: MOP) (“Moneta” or the “Company”) is pleased to provide an updated mineral resource estimate (“MRE”) for its 100% owned Tower Gold project (“Project”), located 100 kilometres (“km”) east of Timmins, Ontario. The consolidated mineral resource now totals […]

Power Group Projects Announces Passing of Director

2022-05-11 14:41:31 Toronto, Ontario–(Newsfile Corp. – May 11, 2022) – Power Group Projects Corp. (TSXV: PGP) (the “Company“) is sad to report that, Yana Bobrovskaya, a valued member of the Company’s board of directors, has passed away. The Company and the board of directors extends its deepest condolences to Yana’s family, friends and business associates. […]

Sierra Metals Reports Consolidated Financial Results for the First Quarter Of 2022

2022-05-11 14:13:23 TORONTO / May 11, 2022 / Business Wire / Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today reported revenue of $57.2 million and an adjusted EBITDA of $16.0 million on the throughput of 590,730 tonnes and metal production of 15.9 million copper equivalent pounds for […]

Aris Gold Announces Q1 2022 Financial and Operating Results

2022-05-11 14:13:23 VANCOUVER, BC, May 11, 2022 /CNW/ – Aris Gold Corporation (Aris Gold or the Company) (TSX: ARIS) (OTCQX: ALLXF) reports financial and operating results for the three months ended March 31, 2022. All amounts are in US dollars, unless otherwise indicated. Aris Gold CEO Neil Woodyer stated: “During Q1 we began to see […]

Triple Flag Precious Metals Announces Election of Directors

2022-05-11 14:13:23 TORONTO, Ontario / May 11, 2022 / Business Wire / Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, TSX:TFPM.U) today announced that each of the 7 individuals nominated for election as a director of Triple Flag at the Company’s Annual Meeting of Shareholders held on May 11, […]

Sandstorm Gold Royalties Announces Record 2022 First Quarter Results

2022-05-11 13:56:34 VANCOUVER, BC, May 11, 2022 /CNW/ – Sandstorm Gold Ltd. (“Sandstorm Gold Royalties”, “Sandstorm” or the “Company”) (NYSE: SAND) (TSX: SSL) has released its results for the first quarter ended March 31, 2022 (all figures in U.S. dollars). FIRST QUARTER HIGHLIGHTS Record attributable gold equivalent ounces1 of 18,741 ounces (Q1 2021—17,444 ounces); […]

Eloro Resources Files Updated NI 43-101 Technical Report on Iska Iska Project

2022-05-11 13:29:06 TORONTO, May 11, 2022 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has filed on SEDAR an updated technical report (“Technical Report”) on the Company’s Iska Iska silver-tin polymetallic project, prepared by Micon International Limited (“Micon”) and in accordance […]

Westward Gold to Attend Upcoming Metals Investor Forum in Vancouver

2022-05-11 13:14:41 Vancouver, British Columbia – TheNewsletter – May 11, 2022 – Westward Gold Inc. (CSE:WG), (OTC:WGLIF), (FSE:IM50) (“Westward” or the “Company”) is pleased to announce that it will be attending the upcoming Metals Investor Forum, held at the Rosewood Hotel Georgia in downtown Vancouver on May 15th and 16th. The conference will feature […]

Altan Rio Announces Suspension of Trading

2022-05-11 10:41:43 Vancouver, British Columbia–(Newsfile Corp. – May 11, 2022) – Altan Rio Minerals Limited (TSXV: AMO) (the “Company” or “Altan Rio”) announced that the TSX Venture Exchange (the “Exchange“) suspended trading in the Company’s securities effective May 6, 2022 as a result of a Cease Trade Order (“CTO“) issued by the British Columbia Securities Commission (“BCSC“) for […]

Prismo Metals Samples 28 g/t Gold at Los Pavitos

2022-05-11 09:58:04 Vancouver, British Columbia–(Newsfile Corp. – May 11, 2022) – Prismo Metals Inc. (CSE: PRIZ) (“Prismo” or the “Company“) is pleased to provide an update for the ongoing initial exploration program at the Los Pavitos project in Sonora State, Mexico. Mapping and sampling at the project began in January and has progressed on-time and […]

Northern Graphite Appoints Investor Relations Advisors

2022-05-11 08:13:26 Ottawa, Ontario–(Newsfile Corp. – May 11, 2022) – Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: ONG) (the “Company” or “Northern“) is pleased to announce that the Company has entered into consulting agreements with Peterson Capital (“Peterson”) and Redwood Empire Financial Communications (“Redwood”) to provide investor relations services in compliance with […]

Delta Resources Begins Drilling in Thunder Bay, Ontario and Selected to Receive $200,000 Grant from The Ontario Junior Exploration Program (“OJEP”)

2022-05-11 07:27:23 Kingston, Ontario–(Newsfile Corp. – May 11, 2022) – Delta Resources Limited (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6G01) (“Delta” or “The Company”) is pleased to announce that drilling has begun on its Delta-1 Gold property in Thunder Bay, Ontario 50 kilometres west of Thunder Bay, Ontario. The initial drill campaign includes 10 holes for approximately 3,000 metres. Delta has […]

CMC Metals Announces the Identification of Six Significant Geophysical Targets on its Silverknife Property in northern British Columbia

2022-05-11 06:44:10 VANCOUVER, BC / ACCESSWIRE / May 11, 2022 / CMC Metals Ltd. (TSXV:CMB) (Frankfurt:ZM5P) (OTC PINK:CMCXF) (“CMC” or the “Company”) is pleased to announce significant targets have been identified on its Silverknife property as a result of a recent geophysical interpretation completed by Intelligent Exploration (“IE”). Dr. Chris Hale and Mr. John Gilliatt […]

Queensland Gold Hills Provides Update on the Inaugural Drill Program at the Big Hill Gold Property in Queensland, Australia

2022-05-11 06:36:33 Vancouver, British Columbia–(Newsfile Corp. – May 11, 2022) – Queensland Gold Hills Corp. (TSXV: OZAU) (OTCQB: MNNFF) (FSE: MB3) (“Queensland Gold” or the “Company“) is pleased to provide an update on the inaugural drill campaign at our Big Hill property, located in the historic Talgai Goldfield of Queensland, Australia. Since drilling commenced on […]

York Harbour Metals Completes Option to Acquire 100% of the York Harbour Mine Project

2022-05-11 06:36:28 Vancouver, British Columbia – TheNewswire – May 11th, 2022 – York Harbour Metals Inc. (the “Company” or “York”) (TSXV:YORK) (OTC:YORKF) (Frankfurt:5DE0) is pleased to announce that the Company has successfully completed the earn-in to acquire 100% interest of the York Harbour Copper-Zinc Project. The Company entered into the option agreement with WBN […]

Leopard Lake Gold Announces Agreement with Institut National de Recherche Scientifique – Commencement of Exploration Activities on St-Robert Property

2022-05-11 06:16:44 Vancouver, British Columbia – TheNewswire – May 11th, 2022:  Leopard Lake Gold Corp. (the “Company” or “Leopard Lake“) (CSE:LP) is pleased to announce that Leopard Lake and the Institut National de Recherche Scientifique (the “INRS“) have set up a research collaboration project focused on the exploration of the Company’s St-Robert property in the Beauce region […]

Gold Line Resources Announces Reinterpretation of Historic Geophysical Survey Data to Enhance Targeting for 2022 Exploration Program

2022-05-11 06:15:06 VANCOUVER, BC, May 11, 2022 /CNW/ – Gold Line Resources Ltd. (TSXV: GLDL) (“Gold Line” or the “Company”) reports that it has successfully concluded a reinterpretation of a 2015 helicopter airborne magnetic geophysical survey by SkyTEM Surveys ApS over the 100% owned Paubäcken project located in the Gold Line Belt, northern Sweden. The survey results […]

Tres-Or Resources Confirms a Preliminary Prospectus Was Filed by Kiboko for the Amended and Restated Option on It’s Fontana Gold Project in Québec

2022-05-11 06:01:45 Vancouver, British Columbia–(Newsfile Corp. – May 11, 2022) – Tres-Or Resources Ltd. (TSXV: TRS) (OTC Pink: TRSFF) (“Tres-Or” or the “Company“) announces that as contemplated by the Amended and Restated Option Agreement with Kiboko Gold Inc. (“Kiboko”) dated November 30, 2021, a preliminary long form prospectus has been filed and can be found on […]

Pantera Silver Announces Passing of Director Mr. Tyler Lowes

2022-05-11 06:01:45 Vancouver, British Columbia–(Newsfile Corp. – May 11, 2022) – Pantera Silver Corp. (TSXV: PNTR) (“Pantera” or the “Company”) is sad to report that Mr. Tyler Lowes, a valued member of the Company’s Board of Directors, has passed away. Mr. Lowes served as a Director since the founding of Pantera Silver Corp. and his presence and positive […]

Glen Eagle Resources Update – Junior Mining Network

2022-05-11 06:01:45 MONTREAL – TheNewswire – May 11, 2022 — Glen Eagle Resources Inc. (TSXV:GER) (OTC:GERFF) (or “the Company”) is pleased to announce that the Cobra Oro gold processing plant, a wholly owned subsidiary of the Company, has received a major overhaul of its operations in Honduras. The new team that COO Karl Trudeau has […]

ATEX Resources Completes Valeriano Phase II Drill Program

2022-05-11 05:44:49 Toronto, Ontario–(Newsfile Corp. – May 11, 2022) –  ATEX Resources Inc. (TSXV: ATX) (“ATEX“) is pleased to announce the completion of the Valeriano Copper Gold Project Phase II drilling program with the final diamond drill hole, ATXD-17, ending at a depth of 2,057.0 metres. All drill holes have been logged, core sampled and […]

Newfoundland Discovery Provides Updates on its Lithium & Gold Projects in Quebec, Canada

2022-05-11 05:44:49 Vancouver, British Columbia–(Newsfile Corp. – May 11, 2022) – NEWFOUNDLAND DISCOVERY CORP. (CSE: NEWD) (OTC Pink: NEWDF) (FSE: M4K) (“Newfoundland Discovery” or the “Company”) is pleased to provide updates from its 100%-owned Chubb and Bouvier Lithium projects and its Fenelon Gold project package all located in Quebec, Canada. Chubb & Bouvier Lithium Properties […]

GoGold Resources Releases 2022 Q2 Financial Results

2022-05-11 05:44:49 HALIFAX, NS, May 11, 2022 /CNW/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is pleased to announce the financial results for the second fiscal quarter of 2022, for the three months ended March 31, 2022 where Parral generated $10.3 million in revenue (all amounts are in U.S. dollars) from the […]

Blackwolf Copper and Gold’s Niblack and Hyder Projects Exploration and Permitting Update

2022-05-11 05:44:49 VANCOUVER, BC / ACCESSWIRE / May 11, 2022 / Blackwolf Copper and Gold (“Blackwolf”, or the “Company”) (TSXV:BWCG),(OTC PINK:BWCGF) is pleased to provide an update on its 100% owned Niblack and Hyder Projects in southeastern Alaska. The Company is currently planning a multi-phased exploration campaign that will include diamond drilling, focused on both […]

Fokus Mining Announces First Closing Of Private Placement

2022-05-11 05:02:32 ROUYN-NORANDA, QC, May 11, 2022 /CNW Telbec/ – Fokus Mining Corporation (“Fokus” or the “Company“) (TSXV: FKM) (OTCQB: FKMCF) (FSE: F7E1) is pleased to announce that it has held a first closing of a non-brokered private placement in which it issued 2,252,500 units (the “Units“) at a price of $0.08 per Unit, for […]

Minerva Intelligence Reports Results for DRIVER Software

2022-05-11 05:02:32 VANCOUVER, BC, May 11, 2022 /CNW/ – Minerva Intelligence Inc. (TSXV: MVAI) (“Minerva” or “the Company”), an artificial intelligence software company focused on building decision support tools for climate risk, mineral exploration and mining, is pleased to announce the first of what will be monthly sales results of its AI software DRIVER.    […]

OTC Markets Group Welcomes NevGold Corp. to OTCQX

2022-05-11 04:02:18 NEW YORK, May 11, 2022 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced NevGold Corp. (TSX-V: NAU; OTCQX: NAUFF), a mineral exploration and development company, has qualified to trade on the OTCQX® Best Market. NevGold Corp. upgraded to OTCQX from […]

Atalaya Mining Announces Notice of Unaudited Q1 2022 Results

2022-05-11 03:17:46 Notice of Unaudited Q1 2022 Results and Investor Presentation NICOSIA, CYPRUS / ACCESSWIRE / May 11, 2022 / Atalaya Mining Plc (AIM:ATYM) (TSX:AYM) will release its first quarter financial results for the period ended 31 March 2022 (“Q1 2022”) together with its unaudited condensed consolidated financial statements on Thursday, 19 May 2022. The […]

Marvel To Increase Land Position at Wicheeda Ree’s Project Contiguous to Defense Metals

2022-05-11 00:11:33 VANCOUVER, BC / ACCESSWIRE / May 11, 2022 / Marvel Discovery Corp. (TSXV:MARV), (FRA:O4T1), (OTCQB:MARVF); (“Marvel”, or the “Company”) is pleased to announce a Joint Venture agreement to expand our land position within the Rocky Mountain Rare Metal Belt. The Company has the right to earn a 50% interest from a private company, […]