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DH TR24-05 intersected 0.60 gpt AuEq over 114.3 m; including 1.99 gpt AuEq over 10.7m 15 RC holes have now been drilled with additional results pending release over the next several weeks The 2024 drill program continues to test step out and first pass targets primarily west of the historic Contention Open pit target zone. Aztec Minerals announces that the ongoing 2024 drilling program at the Tombstone Property in Southeastern Arizona has further intersected broad gold-silver oxide mineralized zones in its subsequent step out RC drill holes in the Contention Open Pit target area. Results for hole TR24-05 intersected 114.3 m at 0.60 gpt AuEq ; including 10.7 m at 1.99 gpt AuEq . Hole TR24-03 intersected 0.23 gpt Au and 10.43 gpt Ag...

ONGold Resources Ltd. is pleased to announce that it has closed the previously announced transactions to purchase 100% interests in both the Monument Bay Gold Project and the Domain Project , both located in Manitoba, Canada, from a wholly-owned subsidiary of Agnico Eagle Mines Ltd. , in the case of Monument Bay, and Agnico Eagle and Capella Minerals Ltd. , in the case of Domain . As partial consideration for the acquisition, Agnico Eagle was issued 8.7 million common shares of the Company, representing approximately 15% of ONGold's total issued and outstanding common shares . Monument Bay is located in northeastern Manitoba, near the Ontario-Manitoba border, and represents a district-scale exploration opportunity with significant gold and tungsten mineralization o...

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. IAMGold Corp. is pleased to announce that the Company and its syndicate of lenders have executed an amendment to its existing secured revolving credit facility . Under the amendment, the term has been extended to four years now maturing on December 20, 2028 and the Facility size has been increased from $425 million to $650 million. The expanded Facility will be available for general working capital purposes and provides flexibility as the Company looks to lower the cost of its debt and improve its capital structure in 2025. "We would like to thank our lenders for their continued support and confidence in IAMGOLD," commented Renaud Adams, President and Chief Executive Officer of IAMGOLD. "The upsize t...

Salazar Resources Ltd. is pleased to announce it has executed a binding Letter Agreement for the purchase, from Silvercorp Metals Inc. , of certain exploration assets in Ecuador . The parties will now work diligently to complete the necessary documentation to finalize the sale. Under the terms of the Agreement, the key terms of which are outlined below, Silvercorp will transfer the shares of two of its Ecuadorian subsidiaries to Salazar, which companies hold the following mineral exploration properties in exchange for net smelter return royalties in such properties: the portion of the Santiago Project Silvercorp owns to Salazar in exchange for a 1.5% NSR royalty on the entire project, subject to a $3 million repurchase option; the portion of the Pijilí Project Sil...

Abcourt Mines Inc. is pleased to inform that a drill is now set-up on level 785 to drilling at depth aiming at waking-up the Sleeping Giant between 975 & 1,060 m. As part of its mineral resource development program, in addition to its upper-level drilling program, the Corporation has prepared access and rehabilitated the eastern portion of the 785m level for deep drilling as part of the first phase of a 3,000 to 3,500 metres program to begin awakening the Sleeping Giant. The 3,000 to 3,500 m drill program was designed by the technical team lead by its geology superintendent Mohamed Haithem Bennia. The management team is proud of this achievement in such a short period. The Drilling contractor G4 is to drill shortly. It is expected that a significant amount of drilling will be c...

Aldebaran Resources Inc. is pleased to announce that Nuton Holdings Ltd. , a Rio Tinto venture, has confirmed it will make the second payment pursuant to the Option to Joint Venture Agreement with Aldebaran announced on November 7, 2024. Aldebaran anticipates receiving the payment in early January 2025. Transaction Details Aldebaran entered into an Option to Joint Venture Agreement with Nuton, whereby Nuton has the exclusive right to acquire a 20% interest in the Altar project by making the following payments: US$10 Million upon signing US$20 Million upon delivery of an updated mineral resource estimate US$30 Million upon delivery of a Preliminary Economic Assessment PEA expected to be completed in Q2-2025 US$190 Million upon delivery of a Pre-Feasibility Study PFS expected t...

Cartier Silver Corp. is pleased to announce that, by mutual agreement with Empresa Minera Gonalbert S.R.L. and Empresa Minera Segovia S.R.L , the registered title holders of two separate properties comprising the Chorrillos Project in southern Bolivia, the payment schedule in connection with the remaining portion of the aggregate US$4.5 million payment required for Cartier Silver to acquire 100% of the Vendors' capital quotas has been amended. The signing date of the original acquisition agreement was December 12, 2022. Cartier Silver's Bolivian subsidiary, Minera Cartier Bolivia S.R.L. has made two staged payments and currently owns 30% of the Vendors' capital quotas. Pursuant to the Amending Agreement, in order to acquire the remaining 70% of the Vendors' capital quotas, st...

Electra Battery Materials Corp. is pleased to welcome Marty Rendall, CFA, as its new Chief Financial Officer upon the retirement of David Allen, effective January 1, 2025. Mr. Allen played a key role in securing a US$20 million award from the U.S. Department of Defense, announced in August 2024, and laid the foundation for the resumption of construction at Electra's flagship cobalt sulfate refinery in Ontario, Canada. David will work alongside Marty during a transition period to ensure a smooth process. "I am honored to join Electra at such a pivotal moment, as the Company executes on its vision to address the geopolitical imperative of building resilient critical minerals supply chains outside of China," said Marty Rendall. "With construction well advanced, Electra is well-p...

Aclara Resources Inc. today announced a non-brokered private placement financing of 51,303,573 common shares of the Company for aggregate gross proceeds of US$25,000,001 at a price of C$0.70 per share. The subscription price represents a 41% premium over the closing price of the Common Shares on the Toronto Stock Exchange on the last trading day prior to the date of the announcement of the Private Placement. The Company has entered into a subscription agreement with each of CAP S.A. , Hochschild Mining Holdings Limited and New Hartsdale Capital Inc. wherein under the terms of the Subscription Agreements, each of CAP, Hochschild, and New Hartsdale has agreed to subscribe for and purchase from the Company 22,163,143, 10,260,715 and 18,879,715 Common Shares, respectively. Curren...

Westwater Resources Inc. , an energy technology and battery-grade natural graphite development company , announces that the closing on a debt financing to fund the remaining construction costs of the Kellyton Graphite Plant is anticipated in January 2025. During the fourth quarter, Westwater continued to move through the diligence and loan documentation processes related to the transaction. This process included hosting lenders at the Kellyton site in Alabama, completing technical due diligence using an independent third-party engineering firm, completing legal and insurance due diligence, and working with counsel to prepare and review loan documents. "Being the first of its kind facility, the diligence performed regarding our Kellyton Graphite Plant has understandably been su...

Highlights: Initial Reid Indicated Resource of 0.59 billion tonnes grading 0.24% nickel containing 1.4 million tonnes of nickel, an Inferred Resource of 0.99 billion tonnes grading 0.23% nickel containing 2.2 million tonnes of nickel. Exploration Target1 potential of an additional 0.9-2.1 billion tonnes grading 0.20-0.22% nickel Reid is the second of seven new nickel resources expected to be published by mid-2025 demonstrating the potential scale of the Timmins Nickel District 2024 drilling program across the Timmins Nickel District completed over 119,000 metres across fourteen properties Canada Nickel Company Inc. today announced an initial mineral resource for its 100% owned Reid Nickel Sulphide Project near Timmins, Ontario. The Reid Nickel Sulphide Project is located just...

Midnight Sun Mining Corp. is pleased to announce that, per an online public notice dated December 20, 2024, the renewal application for Large Scale Exploration Licence 21509-HQ-LEL , which includes the Kazhiba Target, was approved at the most recent meeting of the Mining Licensing Committee. Midnight Sun's President & CEO, Al Fabbro, stated: "The Kazhiba licence issue has been resolved, removing any concern as to the status of this critical component of our exploration and development plans. We wish to once again thank the Zambian Ministry of Mines and Minerals Development for their assistance in rectifying this matter, and our valued shareholders for their patience and support. We now turn our focus to the many exciting near-term catalysts ahead, starting with the completion...

DLP Resources Inc. announces receipt of complete drill results for drillhole A24-022 on the Aurora porphyry copper-molybdenum-silver project. In addition, DLP is pleased to report further results from the metallurgical scoping study on its Aurora Project in southern Peru and extends warrants. Highlights Drillhole A24-022 was drilled approximately 426m southeast of A24-021 with the aim of expanding the mineralization to the southeast. This drillhole intersected copper-silver and molybdenum mineralization from 0m to the end of the hole at 1007.50m. Summary results were as follows: 0.37% CuEq* over 1007.50m from 0.00m to 1007.50m. 0.34% CuEq* over 679.00m from 0.00m to 679.00m. 0.32% CuEq* over 374.00m from 159.00m to 533.00m 0.44% CuEq* over 474.50m from 533....