Day: August 16, 2022

Condor Gold: Mineral Resource Update for La India Project of 9.7 Mt at 3.5 g/t gold for 1,088,000 oz gold in the Indicated Category and 8.8 Mt at 4.3 g/t gold for 1,190,000 oz gold in the Inferred Category

2022-08-16 23:02:59 GODALMING, United Kingdom, Aug. 17, 2022 (GLOBE NEWSWIRE) — Condor Gold (AIM: CNR; TSX: COG) is pleased to announce the results of an updated Mineral Resource Estimate (the “MRE”) on its 100% owned La India Project in Nicaragua. The updated MRE is 9,672 kt at 3.5g/t gold for 1,087,000 oz gold in the […]

BARSELE MINERALS UPSIZES PRIVATE PLACEMENT TO $2 MILLION

2022-08-16 17:24:43 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, BC, Aug. 16, 2022 /CNW/ – Barsele Minerals Corp. (TSXV: BME) (the “Company” or “Barsele“) is pleased to announce that, due to strong demand from prospective subscribers, the Company has upsized its previously announced non-brokered private placement (the […]

Peloton Minerals Closes Private Placement

2022-08-16 14:38:11 London, Ontario – TheNewswire – August 16, 2022 – Peloton Minerals Corporation (“PMC” or the “Company”) (CSE:PMC); (OTC:PMCCF) has closed a non-brokered private placement of CDN$280,651.90 (the “Private Placement”) and consisting of 5,613,038 units priced at CDN$0.05 per unit. Each unit consists of one common share and one common share purchase warrant […]

Xplore Resources Provides Update on the Diamond Mountain Transaction and Other Corporate Updates

2022-08-16 14:14:21 Toronto, Ontario–(Newsfile Corp. – August 16, 2022) – Xplore Resources Corp. (TSXV: XPLR) (“Xplore” or “the Company”), announces that further to its news release of June 7, 2022, it has reached an agreement with Revival Gold Inc. (“Revival”) to extend the “Outside Date” noted in the Mining Property Purchase Agreement with Revival dated […]

Osisko Development Publishes Inaugural Sustainability Report for 2021

2022-08-16 14:10:26 MONTREAL, Aug. 16, 2022 (GLOBE NEWSWIRE) — Osisko Development Corp. (“Osisko Development” or the “Company”) (ODV TSX.V & NYSE) is pleased to announce our inaugural sustainability report for 2020 and 2021 is now available on our corporate website; click here to view the report. Osisko Development understands that our success is measured by more […]

Santacruz Silver Mining Announces Appointment of Chief Operating Officer

2022-08-16 13:07:28 Vancouver, British Columbia–(Newsfile Corp. – August 16, 2022) – Santacruz Silver Mining Ltd. (TSXV: SCZ) (the “Company” or “Santacruz“) is pleased to announce the appointment of Mr. Wayne Corso to the role of Chief Operating Officer. Mr. Corso holds a B.Sc., Mining Engineering, from the Colorado School of Mines at Golden Colorado, has […]

York Harbour Metals Engages Investor Relations Firm

2022-08-16 10:09:11 Vancouver, British Columbia–(Newsfile Corp. – August 16, 2022) – York Harbour Metals Inc. (TSXV: YORK) (OTC Pink: YORKF) (FSE: 5DE0) (the “Company” or “York“) announces that it has selected its new investor relations services firm, 121 Group (HK) Ltd. (“121 Group”) to provide media relations services and other assistance with investor relations to help […]

Economist who called 9% inflation has this grim forecast for what's next – Steve Hanke

Steve Hanke, professor of Applied Economics at Johns Hopkins University, has accurately predicted that inflation in the U.S. will reach 6% to 9%. With the latest headline CPI release coming in at 9.1%, Hanke told David Lin, Anchor for Kitco News, that inflation has peaked for now. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow […]

Cypress Development Corp starts work on Feasibility Study for Clayton Valley Lithium Project

Cypress Development Corp CEO Bill Willoughby joined Steve Darling from Proactive to share news the company has engaged Wood PLC and Global Resource Engineering to conduct the work needed to product a Feasibility Study on the Company’s Clayton Valley Lithium Project located in Nevada. Willoughby telling Proactive Wood has a very strong reputation in producing […]

Benchmark Metals Announces Positive Preliminary Economic Assessment for the Lawyers Gold-Silver Project with Robust +30% IRR, C$ 921m Pre-Tax NPV5% and 2.1 Year Payback

2022-08-16 06:08:03 Vancouver, British Columbia–(Newsfile Corp. – August 16, 2022) – Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the “Company” or “Benchmark“) is pleased to report the completion of a Preliminary Economic Assessment (“PEA”) on the Lawyers Gold-Silver Project (the “Project”) located within a road accessible region of the prolific Golden Horseshoe area […]

Great Atlantic Resources: New Antimony Vein Discovery 23.4% Antimony from Initial 4LB Sample Adjacent to Clearance Stream Glenelg- Vanadium-Gold-Antimony Property New Brunswick

2022-08-16 06:08:03 VANCOUVER, BC / ACCESSWIRE / August 16, 2022 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has made a new antimony discovery at its Glenelg Vanadium – Gold – Antimony Property, located in southwest New Brunswick. A bedrock grab sample weighing 1.83 kilograms (4.03 pounds) […]

Rover Metals Options Brownfields Critical Minerals Project At 60th Parallel, NT, Canada

2022-08-16 06:04:48 VANCOUVER, British Columbia, Aug. 16, 2022 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) is pleased to announce that it has signed a letter of intent to option a 90% ownership interest in the Indian Mountain Lake Volcanic Massive Sulphide project, NT, Canada. The Indian Mountain […]

Kootenay Silver Intercepts 11.3 meters of 449 gpt Silver, 0.3% Lead and 0.66% Zinc and 1.5 meters averaging 1,395 gpt Silver, 0.94% Lead and 5.3% Zinc at Columba High-Grade Silver Project, Mexico

2022-08-16 05:35:10 VANCOUVER, BC, Aug. 16, 2022 /CNW/ – Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce results from the first six holes of the Phase 4 drilling program on the Columba High-Grade Silver Project in Chihuahua State, Mexico. The previously announced 15,000-meter drilling program is designed to extend known mineralization […]

Altus Strategies: Scheme Becomes Effective

2022-08-16 05:25:25 16 August 2022 – TheNewswire – On 14 June 2022, the boards of Altus Strategies plc (“Altus” or the “Company”) (AIM:ALS) (TSXV:ALTS) (OTC:ALTUF) and Elemental Royalties Corp. (“Elemental”) announced that they had reached agreement on the terms of a recommended share-for-share merger of equals of Elemental and Altus with the entire issued and […]

MineHub Technologies and Sumitomo Corporation Enter into Commercial Agreement for Use of the MineHub Platform

2022-08-16 05:12:41 Vancouver, British Columbia–(Newsfile Corp. – August 16, 2022) – MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) (“MineHub” or the “Company”) is pleased to announce that it has entered into a commercial agreement with Sumitomo Corporation (“SC” or “Sumitomo”), one of Japan’s largest corporations. Under the agreement, SC will subscribe to the MineHub platform […]

Northern Shield Resources Identifies Substantial New Gold Target at Root & Cellar; Fieldwork Continues to Uncover New Mineralization

2022-08-16 05:02:08 OTTAWA, ON, Aug. 16, 2022 /CNW/ – Northern Shield Resources Inc. (“Northern Shield” or the “Company”) (TSXV: NRN) is pleased to announce that the Company has identified substantial new targets and continues to uncover new mineralization at the Root & Cellar Gold – Copper Project (“Root & Cellar” or the “Project”). Root & Cellar […]

Traction Uranium and UGreenco Energy Announce Option Agreement for Key Lake South Property

2022-08-16 05:02:08 VANCOUVER, British Columbia, Aug. 16, 2022 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce that it has entered into a property option agreement (the “Option Agreement”) with UGreenco Energy Corp. (the “Vendor”) dated August 15th, 2022 (the “Effective Date”), pursuant to […]

Cartier Resources Launches 25,000 Meter Drill Program at Chimo Mine Project

2022-08-16 05:02:08 Highlights : Fourth phase, 25,000 m drill program in progress at the Chimo Mine Gold System (FIGURE 1) which includes the recent acquisition of the Nordeau West deposit; NI 43-101 Resource Estimate in progress for Nordeau West deposit, situated 450 m from the Chimo Mine Project NI 43-1011 resources; NI […]

RooGold Appoints Vishal Gupta to Board of Directors

2022-08-16 04:56:13 TORONTO, ON / ACCESSWIRE / August 16, 2022 / (CSE:ROO) (OTC:JNCCF) (Frankfurt:5VHA) RooGold Inc. (“RooGold” or the “Company“). RooGold announces the appointment of Vishal Gupta to the Board of Directors. Mr. Gupta replaces Carlos Espinosa, who will be stepping down as a director in order to make room for Mr. Gupta to join […]

Tartisan Nickel: Environmental Baseline Studies Enter Second Phase at the Kenbridge Nickel Project, Northwestern Ontario

2022-08-16 04:56:13 Toronto, Ontario–(Newsfile Corp. – August 16, 2022) – Tartisan Nickel Corp. (CSE: TN) (OTCQX: TTSRF) (FSE: 8TA) (“Tartisan”, or the “Company”) is pleased to announce that the initial environmental baseline studies have concluded, and that “Phase 2” environmental baseline studies have commenced at the Kenbridge Nickel Project, Kenora Mining District, Northwestern Ontario. Tartisan […]

Nova Royalty To Host Virtual Investor Day On September 27, 2022

2022-08-16 04:42:07 VANCOUVER, BC, Aug. 16, 2022 /CNW/ – Nova Royalty Corp. (“Nova” or the “Company“) is pleased to announce that it will be hosting a virtual Investor Day on September 27, 2022. This event will feature live video presentations by Nova’s senior management team and will address all aspects of the Company’s strategy, asset […]

Mako Mining Provides Q2 2022 Financial Results

2022-08-16 04:41:52 VANCOUVER, BC, Aug. 16, 2022 /CNW/ – Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) (“Mako” or the “Company“) is pleased to provide financial results for the three months ended June 30, 2022 (“Q2 2022“), which is the fourth full quarter of financial results since declaring commercial production on July 1, 2021 at its San Albino […]

Silver One Resources Intercepts 1,339 G/t Silver And 1.21 G/t Gold Over 10.67 Metres Within 48 Metres Of 332 G/t Silver And 0.39 G/t Gold

2022-08-16 04:25:53 VANCOUVER, BC, Aug. 16, 2022 /CNW/ — Silver One Resources Inc. (TSXV: SVE; OTCQX: SLVRF; FSE: BRK1 – “Silver One” or the “Company”) is pleased to report results from its reverse circulation (RC) 7,500-metre (“m”) drilling program recently completed at its Candelaria project, Nevada.  The objectives of the program, which included examining the extensions to silver-oxide mineralization adjacent […]

TomaGold reports strong geophysical anomalies on the southern portion of Obalski

2022-08-16 04:12:35 Company starts 3,000-metre drilling program to test the new anomalies CEO Interview today at 9:00 AM ET: Update on Obalski MONTREAL, Aug. 16, 2022 (GLOBE NEWSWIRE) — TOMAGOLD CORPORATION (TSXV: LOT) (OTCQB: TOGOF) (“TomaGold” or the “Corporation”) is pleased to announce that it has received the report on the DAS Vision3D induced […]

Minera IRL Announces Gold Shipment Increase in July

2022-08-16 04:12:35 LIMA, Peru, Aug. 16, 2022 (GLOBE NEWSWIRE) — Minera IRL Limited (“Minera”, the “Company” or “we”) (BVL:MIRL) (CSE:MIRL) (FWB:DZX) is pleased to announce that the Corihuarmi Gold Mine (“Corihuarmi”) has shipped 1,961 ounces of gold in July 2022, a 75% increase as compared to the June 2022 shipment of 1,120 ounces of gold. […]

Nickel 28 Announces Results of Annual Meeting

2022-08-16 04:12:35 TORONTO / Aug 16, 2022 / Business Wire / Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) is pleased to announce today the voting results for the election of its board of directors, which took place at the Company’s Annual General and Special Meeting held on August 15, […]

Pacific Ridge Exploration Completes ZTEM Airborne Geophysical Surveys at Chuchi and Onjo Copper-Gold Porphyry Projects; Precious Metals Summit Beaver Creek

2022-08-16 04:12:35 Vancouver, British Columbia–(Newsfile Corp. – August 16, 2022) – Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (“Pacific Ridge” or the “Company”) is pleased to announce that it has completed ZTEM airborne geophysical surveys at the Chuchi and Onjo copper-gold porphyry projects located to the west of Centerra Gold Inc.’s (“Centerra”) (TSX: CG) […]

Rio2 Announces Warrant Expiration – Junior Mining Network

2022-08-16 04:05:09 VANCOUVER, British Columbia, Aug. 16, 2022 (GLOBE NEWSWIRE) — Rio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO), announces today that 25,091,950 share purchase warrants, with an exercise price of C$0.50, expired on August 13, 2022. These share purchase warrants were issued in connection with the Company’s 2019 offering of […]

Magna Mining Announces Signing of Definitive Agreement to Acquire Lonmin Canada and Announces a Private Placement Offering of up to C$20 Million of Subscription Receipts

2022-08-16 03:43:05 Transformational Acquisition of the past Producing Crean Hill Mine in Sudbury, Ontario Sudbury, Ontario–(Newsfile Corp. – August 16, 2022) – Magna Mining Inc (TSXV: NICU) (the “Company” or “Magna“) is pleased to announce that the Company has entered into a definitive share purchase agreement (the “Purchase Agreement“) to acquire 100% of Lonmin Canada […]

Bravo Mining Intercepts High-Grade Nickel/Copper Massive Sulphide Mineralization at Luanga

2022-08-16 03:43:05 Results Include 11m @ 2.04% Nickel + 1.23% Copper (PGM Results Pending) VANCOUVER, BC, Aug. 16, 2022 /CNW/ – Bravo Mining Corp. (TSX.V: BRVO), (“Bravo” or the “Company“) today announced high grade nickel and copper assay results from the previously released diamond drill hole DDH22LU047 at its Luanga platinum group metals (palladium + platinum […]

Magna Mining Announces Signing of Definitive Agreement to Acquire Lonmin Canada and Announces a Private Placement Offering of up to C$20 Million of Subscription Receipts

2022-08-16 03:43:05 Transformational Acquisition of the past Producing Crean Hill Mine in Sudbury, Ontario Sudbury, Ontario–(Newsfile Corp. – August 16, 2022) – Magna Mining Inc (TSXV: NICU) (the “Company” or “Magna“) is pleased to announce that the Company has entered into a definitive share purchase agreement (the “Purchase Agreement“) to acquire 100% of Lonmin Canada […]

Purepoint Uranium Group Provides Update on Summer Exploration Programs

2022-08-16 03:43:05 Toronto, Ontario–(Newsfile Corp. – August 16, 2022) – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company“) today provided an update on the broad array of geophysical programs underway this summer. This week the company commenced a helicopter-borne versatile time domain electromagnetic (VTEM) survey across four of its projects, collectively referred to […]

TRX Gold: Buckreef Gold’s Main Zone Extended And Chased Toward The Surface

2022-08-16 03:25:45 TORONTO, Aug. 16, 2022 (GLOBE NEWSWIRE) — TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce several positive assay results from the northeast (“NE”) step-out drilling at the Buckreef Gold Main Zone (“Main Zone”), which has now been extended by yet another 50 meters (“m”) […]

Copaur Minerals Discovers New Gold Zone At Williams Project GIC Porphyry Target; Drilling Yields 2.2 G/T Gold Over 50 Metres, Including Last 10.5 Metres Averaging 4.2 G/T Au Ending In Mineralization

2022-08-16 01:14:16 Vancouver, British Columbia–(Newsfile Corp. – August 16, 2022) – CopAur Minerals Inc. (TSXV: CPAU) (OTCQB: COPAF) (“CopAur” or the “Company”) is pleased to announce the results of its recently completed four hole, 1,428 metre diamond drill campaign at its Williams Copper-Gold Project located in the Toodoggone region of north-central British Columbia. Drilling targeting […]