Day: December 15, 2022

Buenaventura Takes Pre-Emptive Measures Related to Peru’s Current State of Emergency

2022-12-15 17:32:28 LIMA, Peru / Dec 15, 2022 / Business Wire / Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, advises that political protests throughout Peru, precipitating a nationwide state of emergency announced yesterday, has adversely affected supply routes to mines […]

Ophir Gold Announces Upsize to Private Placement

2022-12-15 17:02:47 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – Ophir Gold Corp. (TSXV: OPHR) (OTCQB: KPZIF) (FSE: 80M) (“Ophir” or the “Company“) is pleased to announce that further to its press release of December 13, 2022, due to investor demand the Company has increased the size of its non-brokered private placement to the issuance of […]

Mountain Province Diamonds Completes Previously Announced Refinancing Transaction

2022-12-15 16:24:56 TORONTO AND NEW YORK, Dec. 15, 2022 /CNW/ – Mountain Province Diamonds Inc. (“Mountain Province” or the “Company”) (TSX : MPVD) (OTC: MPVD) today announces the closing of its previously announced refinancing transaction (the “Transaction”) involving the issuance of US$195.0 million aggregate principal amount of its 9.000% Senior Secured Second Lien Notes due […]

Gold Mountain Mining Provides Corporate Update

2022-12-15 16:02:03 VANCOUVER, BC / ACCESSWIRE / December 15, 2022 / Gold Mountain Mining Corp. (“Gold Mountain” or the “Company”) (TSX:GMTN) (OTCQB:GMTNF) (FRA:5XFA) is pleased to report its third quarter FY2023 summary financial and operating results. The Company’s interim financial statements and related management’s discussion and analysis for the three and nine months ended October […]

Nighthawk Gold Announces Management Transition; Salvatore Curcio Appointed CFO

2022-12-15 15:38:09 TORONTO / Dec 15, 2022 / Business Wire / Nighthawk Gold Corp. (“Nighthawk” or the “Company”) (TSX: NHK; OTCQX: MIMZF) is pleased to announce the appointment of Salvatore “Sal” Curcio, CPA, CA to the role of Chief Financial Officer (“CFO”) of the Company effective January 1, 2023. Mr. Curcio is currently the Vice […]

Goldsource Mines Announces Stock Option Grant

2022-12-15 15:24:41 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) (FSE: G5MA) (“Goldsource” or the “Company“), a gold exploration company focused on the phased development of the 100%-owned Eagle Mountain Gold Project in Guyana, South America, announces the grant of stock options under its Stock Option Plan to purchase […]

Avidian Gold Announces Closing of Private Placement

2022-12-15 15:14:12 TORONTO, ON / ACCESSWIRE / December 15, 2022 / Avidian Gold Corp. (“Avidian” or the “Company“) (TSX-V:AVG) is pleased to announce that it has closed the second and final tranche (the “Second Tranche“) of its non-brokered private placement (the “Offering“) offering of units of the Company (the “Units“), previously announced on October 17, […]

Mountain Boy Minerals Closes Private Placement

2022-12-15 14:15:16 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – Mountain Boy Minerals Ltd. (TSXV: MTB) (OTCQB: MBYMF) (FSE: M9U) (“Mountain Boy” or the “Company“) is pleased to announce that the non-brokered private placements for Flow Through and Non-Flow Through Units, as announced on November 24th and increased on December 8th, have been closed. The funds […]

CopAur Minerals Closes $1,768,500 Non-Brokered Private Placement

2022-12-15 13:12:27 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – CopAur Minerals Inc. (TSXV: CPAU) (the “Company“) is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement (the “Private Placement“). In the second tranche 325,000 units (each a “Unit“) at a price of $0.50 per […]

Jackson Hole 2022: What to expect? Will the Fed be ‘so wrong’ again? Gary Wagner

Gary Wagner, editor of TheGoldForecast.com gives his predictions for this year’s Jackson Hole Symposium. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Gary Wagner on Twitter: @garyswagner (https://twitter.com/garyswagner) 0:00 – Jackson Hole 2021 3:26 – Inflation prediction 8:30 – Monetary policy 10:28 – Wages 16:18 – Inflation and […]

Fuse Cobalt Closes $1,500,000 Private Placement

2022-12-15 11:22:47 Coquitlam, BC – TheNewswire – December 15, 2022 – Fuse Cobalt Inc. (“the Company” or “Fuse”) (TSXV:FUSE), (OTC:FUSEF), (FRA:43W3) announces that it has closed a non-brokered private placement financing offering of 30,000,000 units (“Units”) at a price of $0.05 per Unit for gross proceeds of $1,500,000. Each Unit is comprised of one […]

Ubique Minerals Receives Namibian Government Approval for Acquisition

2022-12-15 11:14:07 TORONTO, ON / ACCESSWIRE / December 15, 2022 / Ubique Minerals Limited (“Ubique” or the “Company”) (CSE:UBQ) is pleased to announce that on December 12, 2022, the Namibian Competition Committee approved unconditionally Ubique Minerals’ proposed acquisition of Namib Lead and Zinc Mining (Proprietary) Limited (“NLZM”), which owns the Namib Lead and Zinc Mine […]

MAX Power Mining Retains MarketSmart Communications

2022-12-15 10:06:36 VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX) (“MAX Power” or the “Company”) announces it has entered into an agreement with MarketSmart Communications Inc. (“MarketSmart”) pursuant to which MarketSmart will provide investor relations (IR) services to MAX Power for an initial term of 12 months. Rav […]

Bear Creek Mining Grants Stock Options

2022-12-15 08:47:36 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – Bear Creek Mining Corporation (TSXV: BCM) (OTCQX: BCEKF) (BVL: BCM) (“Bear Creek” or the “Company”) announces that its Board of Directors has authorized and approved the grant of 3,750,000 stock options (the “Stock Options”) under its stock option plan (the “Stock Option Plan”) to […]

Cartier Resources Grants Stock Options

2022-12-15 08:32:14 VAL-D’OR, Quebec, Dec. 15, 2022 (GLOBE NEWSWIRE) — Cartier Resources Inc. (the “Company”) announces that the Board of Directors granted, on December 15, 2022, a total of 2,400,000 stock options to directors and officers and to one employee of the Company. Pursuant to the terms of the Company’s stock option plan, each option […]

Blue Thunder Mining Completes Drilling at Muus Property

2022-12-15 08:26:27 Toronto, Ontario–(Newsfile Corp. – December 15, 2022) – Blue Thunder Mining Inc. (TSXV: BLUE) (“Blue Thunder” or “the Company”) is pleased to announce that it has completed its recent diamond-drilling program on its flagship Muus property, part of the Company’s 51,000 hectare Muus Gold Project (the “Project”), strategically located in the heart of […]

Getchell Gold Announces Resources Estimate at Fondaway Canyon, NV

2022-12-15 08:01:47 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (“Getchell” or the “Company”) is pleased to announce the Company’s first Mineral Resources Estimate (“MRE”) for the Fondaway Canyon project in Churchill County, Nevada. The MRE conceptualizes potential open pit and underground mining. Mineral Resources Estimate Key […]

Mammoth Resources Reports 39.0 Metres Grading 1.2 g/t Gold Equivalent from Diamond Drilling at its Tenoriba Gold-Silver Property, Mexico

2022-12-15 07:43:17 Toronto, Canada – TheNewswire – December 15, 2022 – Mammoth Resources Corp. (TSXV:MTH), (the “Company”, or “Mammoth”) is pleased to provide results from the final six drill holes from its 27-hole diamond drilling program at its 100% owned Tenoriba gold-silver property located in the Sierra Madre precious metal belt, Mexico. The drill […]

GSP Resource Announces Flow-Through Private Placement

2022-12-15 07:30:55 News Release – TheNewswire – Vancouver, British Columbia – December 15, 2022: GSP Resource Corp. (TSXV:GSPR) (the “Company” or “GSP”) announces a non-brokered private placement of up to 1,000,000 units (each, a “Unit”) at a price of $0.08 per Unit for gross proceeds of up to $80,000 (the “Private Placement”). Each Unit consists […]

ESGold Enters into Joint Venture to Produce ESG Friendly Construction Materials from its Toxic Tailings at Montauban

2022-12-15 07:14:12 VANCOUVER, BRITISH COLUMBIA – TheNewswire – December 15, 2022 – ESGold Corp. (“ESGold” or the “Company”) (CSE:ESAU), (Frankfurt:N2W), (OTC:SEKZF) is very pleased to announce that it has entered into a joint venture agreement with DMCMS Inc. to produce and sell construction building materials.  The new Joint Venture will use an organic Polymer that will […]

Allegiant Gold Commences Exploration Drilling on East Pediment Prospect; Permits Received to Drill at Boss-Castle

2022-12-15 07:08:15 Reno, Nevada / TheNewswire / December 15, 2022 – Allegiant Gold Ltd. (“Allegiant” or the “Company”) (TSXV:AUAU) (OTC:AUXXF) is very pleased to announce the commencement of the follow-up exploration drilling program to discovery hole 258 on the company’s East Pediment Prospect.  In addition, the Company has received permits to expand drilling at its […]

Aurion Resources Provides Update on Investment in Strategic Resources

2022-12-15 07:08:15 TORONTO, Dec. 15, 2022 /CNW/ – Aurion Resources Ltd. (TSXV: AU) (OTCQX: AIRRF) (“Aurion” or the “Company”) reports an update on its investment in Strategic Resources (“Strategic”), which is listed on the TSX Venture under the ticker SR. Strategic announced on December 13, 2022, that it has entered into an agreement to merge with […]

Minaurum Gold Provides Update on Optioned Projects in Mexico

2022-12-15 06:57:32 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) (“Minaurum”) is pleased to provide an update from both Fortuna Silver Corp. (“Fortuna”) and Infinitum Copper Corp. (“Infinitum”), optionors of Minaurum’s Mexican Taviche (Oaxaca) and Adelita (Sonora) projects, respectively. Infinitum made significant progress at the Adelita copper […]

Stuhini Exploration Announces Increase of Private Placement to $1,380,000

2022-12-15 06:42:47 VANCOUVER, BC, Dec. 15, 2022 /CNW/ – Stuhini Exploration Ltd. (the “Company” or “Stuhini“) (TSXV: STU) (OTCPK: STXPF) is pleased to announce that, due to demand from potential investors, its non-brokered private placement announced on December 6, 2022 has been increased by $736,000 for total aggregate gross proceeds to the Company of up […]

Kestrel Gold Intersects 0.59 g/t Au over 149.35 metres including 0.78 g/t Au over 99.06 metres

2022-12-15 06:42:38 CALGARY, AB / ACCESSWIRE / December 15, 2022 / Kestrel Gold Inc. (“Kestrel” or the “Corporation”)(TSX-V:KGC) is pleased to announce results for the final three holes, QCM22-12, 13 and 14, from the Corporation’s 2022 six-hole second phase reverse circulation (“RC”) drill program at the QCM property which is being explored for near surface, […]

Durango Resources Welcomes Dr. Lee Groat to Technical Committee

2022-12-15 06:42:38 Vancouver, BC – TheNewswire – December 15, 2022 – Durango Resources Inc. (TSXV:DGO) (Frankfurt:86A1) (OTC:ATOXF), (the “Company” or “Durango”) announces that further to the news of December 12th, 2022, the Company has added Dr. Lee Groat to its Technical Committee to help advise on its wholly owned Discovery and NMX East Properties in […]

Lithium Ionic Reports Excellent Initial Metallurgical Test Results from Galvani and Bandeira Properties; Recoveries of 82% and 78% Producing High-Quality Concentrate Grade of 6% Li2O

2022-12-15 06:42:38 TORONTO, Dec. 15, 2022 (GLOBE NEWSWIRE) — Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF) (“Lithium Ionic” or the “Company”) is pleased to announce excellent initial results from metallurgical tests carried out on drill core samples from its Outro Lado target (Galvani Claims) and the Bandeira target, two of several prospective 100%-owned lithium-focused properties […]

Rio2 Announces 2022 AGM Results

2022-12-15 06:42:38 VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) —  Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces the results of voting at its Annual and Special General Meeting of Shareholders (the “Meeting”) held on Wednesday, December 14, 2022. A total of 138,787,771 common shares were voted, representing 53.90% […]

Kenorland Minerals Options O’Sullivan Project to Sumitomo Metal Mining Canada

2022-12-15 06:26:31 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) (“Kenorland” or “the Company”) is pleased to announce that it has entered into a property option agreement (the “Option Agreement“) with Sumitomo Metal Mining Canada Ltd. (“Sumitomo” or “SMMCL”), a wholly-owned subsidiary of Sumitomo Metal […]

InZinc Mining Reports Initial 2022 Drill Results and Extension of Mineralization at Indy, BC

2022-12-15 06:11:12 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – InZinc Mining Ltd. (TSXV: IZN) (“InZinc” or the “Company”) is pleased to report initial results from the 2022 drill program at the Indy zinc and precious metals exploration project (100% option) (“Indy” or the “Project“) located 100 kilometres (km) southeast of Prince George in […]

Eskay Mining Expands TV-Jeff Precious Metal-Rich VMS System and Demonstrates Its Connectivity with the Eskay Creek System on the Western Limb of the Eskay Anticline

2022-12-15 06:10:54 TORONTO, ON / ACCESSWIRE / December 15, 2022 / Eskay Mining Corp. (“Eskay” or the “Company”) (TSX-V:ESK) (OTCQX:ESKYF) (Frankfurt:KN7) (WKN:A0YDPM) is pleased to announce it has expanded the TV-Jeff precious metal-rich volcanogenic massive sulfide (“VMS”) mineralized corridor with new discoveries north of the Jeff deposit and in proximity to the TV deposit. Recent […]

Novo Resources Announces Strategic Investment & Advancement of Battery Minerals Strategy

2022-12-15 05:58:45 HIGHLIGHTS Liatam Mining Pty Ltd (“Liatam”), Australian-based manager of the Bald Hill lithium and tantalum mine in Western Australia, will make a strategic investment of C$5 million in Novo (the “Financing”) through the purchase of 12,820,512 units of Novo at C$0.39 per unit (each, a “Unit”), representing an undiluted 4.9% post-Financing position […]

Summa Silver Intersects Significant Visible Mineralization in Step-Out Holes along the Queen Vein at Mogollon, New Mexico

2022-12-15 05:42:50 Core Photos Reveal and Confirm Extensive Vein Zones Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) (“Summa” or the “Company”) is pleased to provide an update from on-going drilling at the high-grade silver-gold Mogollon Project, near Silver City, New Mexico. Key Highlights […]

Hercules Silver Identifies Large Untested Chargeability Anomaly at Depth

2022-12-15 05:38:07 New 3D IP survey over the Hercules Adit, Frogpond and Belmont Zones reveals a large-scale, high-strength chargeability anomaly below historical drilling Strong chargeability values (>25ms) over a continuous strike length of 1.8 kilometers Anomaly is coincident with the untested base of the Hercules Rhyolite where surface mapping indicates the strongest […]

Osino Resources Adds New, Large 2681km² License Package and Hosts Proprietary Geochemical Orientation Program at Twin Hills Gold Project, Namibia

2022-12-15 05:11:43 Highlights Newmont Corporation completes geochemical orientation survey at Osino’s Twin Hills gold deposit. The survey is designed to test Newmont’s proprietary regional surface sampling methodology over known gold mineralization covered by sand, calcrete and sheet wash. Osino has added a large new land package consisting of four licenses for a […]

Newcore Gold Provides an Update on Work Programs and Exploration Activities Underway at the Enchi Gold Project, Ghana

2022-12-15 05:11:43 VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) — Newcore Gold Ltd. (“Newcore” or the “Company”) (TSX-V: NCAU, OTCQX: NCAUF) is pleased to provide an update on work programs and exploration activities underway at the Company’s 100% owned Enchi Gold Project (“Enchi” or the “Project”) in Ghana. Current activities focused on de-risking and […]

Provenance Gold Advances Eldorado Gold Project in Anticipation of Spring Drilling with Analysis of Recent Rock Assays, Historic Soil Surveys and Top of Drill Hole Assays

2022-12-15 05:11:43 Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the “Company” or “Provenance“) is pleased to announce that assay results from its recent outcrop sampling at its Eldorado project in Malheur County, Eastern Oregon support and augment historic work and help to illustrate the pervasiveness of […]

Tempus Resources Elizabeth Drill Holes Assay up to 23.5g/t Gold

2022-12-15 05:11:43 Perth, Australia–(Newsfile Corp. – December 15, 2022) – Tempus Resources Ltd (ASX: TMR) (TSXV: TMRR) (OTCQB: TMRFF) (“Tempus” or “the Company”) is pleased to announce drill assay results from the Elizabeth Gold Project in Southern British Columbia. The eleven drill-holes announced today include No. 9 Vein (EZ-22-21, EZ-22-25, EZ-22-27, EZ-22-37), South West Vein […]

Canada Nickel Appoints Financial Advisors, Reaches Next Permitting Milestone

2022-12-15 05:11:43 TORONTO, Dec. 15, 2022 /CNW/ – Canada Nickel Company Inc. (“Canada Nickel” or the “Company“) (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has engaged Deutsche Bank Securities Inc (“Deutsche Bank”) and Scotiabank as financial advisors for the equity component of the project financing for the Company’s Crawford Nickel Sulphide Project (“Crawford”).  […]

Reyna Silver To Acquire Remaining Interest in Medicine Springs Project

2022-12-15 05:09:12 VANCOUVER, BC and HONG KONG CHINA / ACCESSWIRE / December 15, 2022 / Reyna Silver Corp. (TSXV:RSLV) (OTCQX:RSNVF) (FRA:4ZC) (“Reyna” or the “Company“) is pleased to announce that it has entered into a Definitive Agreement enabling them to acquire a 100% interest in the Medicine Springs Project located in Nevada, USA (the “Medicine […]

Golden Minerals Extends Gold Mineralization at Sarita Este Prospect in Argentina

2022-12-15 04:53:52 GOLDEN, Colo. / Dec 15, 2022 / Business Wire / Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) is pleased to announce assay results from 31 holes of a diamond drilling (“DD”) program recently completed at its Sarita Este property in Salta Province, Argentina. The Company […]

Azimut Exploration Appoints Rock Lefrançois as Manager – Special Projects

2022-12-15 04:43:05 LONGUEUIL, QC, Dec. 15, 2022 /CNW Telbec/ – Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the appointment of Mr. Rock Lefrançois, P.Geo., as Manager – Special Projects. Mr.  Lefrançois’ specific mandates will be to manage work programs on several key projects and support the growth of the […]

Magna Mining Files Technical Report for the Denison Project

2022-12-15 04:03:42 Toronto, Ontario–(Newsfile Corp. – December 15, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company“) is pleased to announce that, further to its news release dated November 7, 2022, it has filed on SEDAR an independent technical report titled “Mineral Resource Estimate Update for the Denison Ni-Cu-PGE Sulphide Deposit, Denison Project, […]

PARADIGM DRILLERS MOBILIZING TO SITE FOR BRUSSELS CREEK DRILLING AS RECHARGE AWAITS RESULTS AT POCITOS 1 LITHIUM AND GEORGIA LAKE LITHIUM PROJECTS

2022-12-15 01:06:45 Vancouver, BC, Dec. 15, 2022 (GLOBE NEWSWIRE) — Recharge Resources Ltd. (“Recharge”) (RR: CSE) (RECHF: OTC) (SL50: Frankfurt) announced today the Company’s fully-funded drill program at Brussels Creek has received additional access permits to commence drilling Recharge’s 100% owned Brussels Creek Copper-Gold-Palladium Project in Kamloops, BC, Canada and the drill will be at […]

Horizonte Minerals – Araguaia remains on Schedule and on Budget

2022-12-15 00:02:14 CONSTRUCTION HIGHLIGHTS: Strong safety performance with zero lost time injuries (“LTI’s”) after over 990,000 hours worked Construction is on-schedule with overall project progress approximately 28% complete Construction is on-budget with approximately 75% of capital expenditure, over US$415m, awarded to date Conditions related to the Senior Debt facility have been […]