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McFarlane Intersects 5.6 GPT Gold Over 13 Metres Including 10.7 GPT Gold Over 5 Metres; Provides Exploration Update On Its McMillan Property
Recent Drilling HighlightsMcFarlane intersects a wide zone of mineralized quartz sulphide stockwork at the past producing McMillan Gold Mine, hole MLMM 08-05W1 returning 2.7 gram per tonne (gpt) gold over 31.35 metres including 5.6 gpt gold over 13 metres that contained a higher-grade zone of 10.7 gpt gold over 5 metres.Follow-up hole MLMM-24-04 (assays pending) intersected a 54-metre zone of quartz sulphide stockwork, approximately 300 metres below surface and about 50 meters below hole MLMM 08-05W1The wide zone of mineralized quartz sulphide stockwork remains open along strike and at depth suggesting potential for a significant discovery at the past producing McMillan Gold Mine.
Cerrado Gold to Acquire Ascendant Resources Inc
Cerrado is building undervalued world class assets to drive significant cash flowAttractive opportunity to acquire 80% of the robust Lagoa Salgada VMS Project with a Post-tax NPV of US$147 million and a 39% IRR in current Feasibility Study.Adds substantial precious metals and critical minerals exposure (34% silver & Gold, 30% Zinc, 15% copper, 14% lead, 7% tin)Expected lowest cost quartile production with US$0.59/lb Zinc Equivalent All in sustaining cost (AISC) for the first 5 yearsUnderexplored asset with extensive exploration potentialOptimized Feasibility Study due in Q3, construction decision by year end 2025 and initial production expected in second half of 2027.Limited equity dilution required to bring Lagoa Salgada to productionCerrado current Cash position of US$21 million budgeted to end year flat after all capital expenditures and debt reduction. Projected cash balance does not include payment of $15M due from asset sale to Hochschild and potential $10M option payment from Anglo Gold.EIA Approval expected in Q2 2025 and Optimized Feasibility Study in Q3 2025Construction well supported with low-cost Export Credit Agency Project Financing with Tier 1 lenders, support from Sprott and potential off takers to move the project into production.Management to host Conference Call to discuss transaction on February 3, 2025, at 10:00 AM EST
Is it Beyonce's time? Music's A-listers ready for the Grammys
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Chappell Roan: the splashy pop supernova
Camp queen, queer icon, a searing yet irreverent songwriter with cascading vocals: Chappell Roan has soared to pop's upper echelons on a singular blend of vulnerability and high-production performance that has earned her legions of fans.
Neymar signs for Santos
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Scientists cast doubt on famous US groundhog's weather forecasts
Scientists have cast doubt on the reliability of America's most celebrated rodent forecaster -- whose apparent knack of predicting how long winter will last forms a hallowed tradition in the United States.
Trio of rare tiger cubs spotted in Thai national park
A national park in Thailand has not one but three reasons to celebrate after confirming a rare Bengal tiger is raising a trio of cubs in the protected area.
'No happiness': Misery for Myanmar exiles four years on from coup
Four years after Myanmar's military seized power in a coup, the country is in the grip of a bloody civil war that has driven many of the country's young across the border to Thailand.
Beyonce leads Grammys pack at gala backdropped by fires
Music's biggest stars including Beyonce and Taylor Swift will vie for top awards at Sunday's Grammys gala, a glitzy ceremony proceeding despite devastating wildfires in Los Angeles.
TRU Announces Change of Corporate Secretary
TORONTO, ON / ACCESS Newswire / January 31, 2025 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) ("TRU" or the "Company") announces that Heran Zhou will be stepping down from his role as Corporate Secretary effective February 1, 2025. Mr. Zhou has held the position since October 1, 2022.
Metalore Announces Appointments of CFO and Directors
SIMCOE, ON / ACCESS Newswire / January 31, 2025 / Metalore Resources Limited (TSXV:MET) ("Metalore" or the "Company") is pleased to announce that Ms. Ashley Nadon has been appointed as Chief Financial Officer ("CFO") and Director of the Company, and Mr. Peter Cox has been appointed as Director.
Galloper Closes Acquisition of Additional Glover Island Exploration Claims
VANCOUVER, BC / ACCESS Newswire / January 31, 2025 / Galloper Gold Corp. (CSE:BOOM)(OTC:GGDCF) (the "Company" or "Galloper") announces that, further to its news release of January 28, 2025, it has completed its acquisition (the "Acquisition") of additional exploration claims in Newfoundland as part of its continued exploration efforts pursuant to the purchase agreement (the "Agreement") entered into with a third-party vendor (the "Vendor").
NioCorp Announces Closing of $5.0 Million Underwritten Offering Priced At-The-Market Under Nasdaq Rules
CENTENNIAL, CO / ACCESS Newswire / January 31, 2025 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB) today announced the closing of its previously announced underwritten offering of 2,577,320 common shares, 2,577,320 Series A warrants to purchase up to 2,577,320 common shares (the "Series A Warrants") and 1,288,660 Series B warrants to purchase up to an additional 1,288,660 common shares (the "Series B Warrants") (the "Offering"). Each common share was sold together with one Series A Warrant and one-half of one Series B Warrant at a combined public offering price of $1.94, for gross proceeds of approximately $5.0 million before deducting underwriting discounts and offering expenses.
Northern Superior Announces Board Recalibration to Original Size
TORONTO, ON / ACCESS Newswire / January 31, 2025 / Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSXV:SUP)(OTCQB:NSUPF)(GR:D9M1) announces that its Board of Directors (the "Board") has returned to its original size of seven (7) directors following the resignation of Mr. Francois Perron. The Board had been temporarily expanded to eight (8) members with the recent appointment of Mr. Eric Desaulniers, Founder, President and Chief Executive Officer of Nouveau Monde Graphite Inc.
Orogen Royalties Announces Annual Equity Compensation Grant
VANCOUVER, BC / ACCESS Newswire / January 31, 2025 / (TSXV:OGN)(OTCQX:OGNRF) Orogen Royalties Inc. ("Orogen" or the "Company") announces that, as part of the Company's annual share-based compensation program, the Board of Directors have authorized a grant of 324,000 Restricted Share Units (RSUs), 62,000 Deferred Share Units (DSUs), and 977,000 incentive Stock Options to directors, officers, employees, and consultants. The grant has been authorized pursuant to the Company's Omnibus Equity Incentive Compensation Plan that was approved by shareholders October 29, 2024.
American Resources Corporation and ReElement Technologies Expands South African-Based Supply Partnership to Refine Antimony-Bearing Ore for Defense and Commercial Markets
The Company and ReElement have received antimony ore representing a concentration of greater than 50%In conjunction with the partnership, ReElement is developing an optimized flow sheet to refine high-purity antimony(III) sulfide or antimony(III) oxide in the United States for commercial and defense applications
Electric Metals Announces Final Closing of Private Placement
Not for distribution to U.S. news wire services or dissemination in the United States.
Skeena Gold & Silver Announces Rebrand to Reflect Significant Silver Component at the Eskay Creek Project
VANCOUVER, BC / ACCESS Newswire / January 31, 2025 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena Gold & Silver", "Skeena" or the "Company") is pleased to announce a rebranding to Skeena Gold & Silver to more accurately represent the strong silver component at our flagship Eskay Creek Project ("Eskay" or the "Project"). This subtle yet impactful shift highlights Skeena's ongoing commitment to advancing the world-class gold-silver Project, located in the renowned Golden Triangle of British Columbia, Canada.
Marianne Faithfull: from muse to master
Marianne Faithfull, who died on Thursday aged 78, was one of the great survivors of the Swinging Sixties, bouncing back from drink and drug oblivion to become a celebrated and distinctive singer-songwriter.
Qatari emir tells Syria leader 'urgent need' for inclusive government
Visiting Qatari Emir Sheikh Tamim bin Hamad Al-Thani emphasised the "urgent need" to form an inclusive Syrian government during a meeting Thursday with the country's new interim president Ahmed al-Sharaa, the Qatari royal court said.
Richard Gere to be honoured at Spain's top film awards
US actor Richard Gere, who recently moved to Spain, will be honoured next month at the country's top film honours, the Goya awards, the Spanish Film Academy said Thursday.
Vior Announces "Best Efforts" Private Placement
[NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES]
Wolfden Closes Sale of a Timberland Parcel for $2.1 Million in Non-Dilutive Financing
TORONTO, ON / ACCESS Newswire / January 30, 2025 / Wolfden Resources Corporation (TSXV:WLF) ("Wolfden"or the"Company")is pleased to announce that it has closed the sale of a 3,770 acre parcel (the "Severed Land") from its 6,862 acre timberland property in Maine for gross proceeds of $2.1 million (US$1.5 million) as per its announcement of January 20, 2025. The Severed Land is situated north of its wholly owned Pickett Project where Wolfden has retained 3,082 acres (the "Retained Land") that is host to a high grade polymetallic critical mineral deposit along with all mineral resources and known exploration upside.
Universal EV Chargers Expands Nationwide Footprint with Prestigious New Grant Awards
PLANO, TX / ACCESS Newswire / January 30, 2025 / Universal EV Chargers, a division of Universal Green Group and a pioneer in the electric vehicle (EV) infrastructure industry, is at the forefront of creating a cleaner, greener future. Together with its advanced technology, operational agility and business scalability - backed by strategic partnerships with leading automotive manufacturers and OEMs - Universal EV Chargers is enabling an electric future and helping accelerate the growth of EV adoption across the U.S.
Guanajuato Silver Files Technical Report for El Cubo Mineral Resource Estimate
VANCOUVER, BC / ACCESS Newswire / January 30, 2025 / Guanajuato Silver Company Ltd. (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF) is pleased to announce that a new National Instrument ("NI") 43-101 Technical Report titled "NI 43-101 Technical Report On The El Cubo And El Pinguico Silver Gold Complex, Guanajuato, Mexico" and dated effective August 1, 2024 (the "Report") has been filed on Sedar at www.sedarplus.ca. The Report presents a new mineral resource estimate (the "2024 MRE") for GSilver's 100% owned El Cubo mine complex ("El Cubo") located in Guanajuato, Mexico. (See GSilver news release dated December 19, 2024 - Guanajuato Silver Provides New El Cubo Mineral Resource Estimate).
Reyna Silver Announces 3 Million CAD Private Placement
VANCOUVER, BC AND HONG KONG / ACCESS Newswire / January 30, 2025 / Reyna Silver Corp. (TSXV:RSLV)(OTCQX:RSNVF)(FRA:4ZC) ("Reyna" or the "Company") is pleased to announce a non-brokered private placement consisting of up to 40,000,000 units (the "Units") at CAD$0.075 per Unit for gross proceeds of up to CAD$3,000,000 (the "Offering"). Each Unit will be comprised of one common share of the Company (a "Common Share") and one Common Share purchase warrant of the Company (a "Warrant"). Each Warrant will entitle the holder to acquire one additional Common Share (a "Warrant Share") at an exercise price of CAD$0.12 per Warrant Share for a period of 36 months from the date of issuance.
Sokoman Drilling Resumes at Western Trend, Moosehead Project, Central Newfoundland
ST. JOHN'S, NL / ACCESS Newswire / January 30, 2025 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to announce that diamond drilling has resumed at the Western Trend gold zone, the site of the conventional bulk sample planned for extraction late in Q1 or early Q2, 2025. The drill program is following up on the recently announced high-grade results highlighted by intersections of 69.48 g/t Au over 4.85 m (MH-24-649), 40.89 g/t Au over 4.30 m (MH-24-648) and 26.72 g/t Au over 3.10 m (MH-24-646) (please see January 22, 2025 news release here), from the trench area.
NextSource Materials Announces US$20M Credit Facility with Vision Blue Resources
TORONTO, ON / ACCESS Newswire / January 30, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that it has secured a drawdown credit facility (the "Facility") of up to US$20 million with Vision Blue Resources Limited ("Vision Blue"). The proceeds of the Facility, which is non-dilutive to shareholders, will be used as needed to progress the Company's Battery Anode Facility strategy, support the continued ramp-up and growth of Molo, and for general working capital purposes.
Additional Results Reported for Definition Drilling at AurMac Gold Project, Yukon
CRANBROOK, BC / ACCESS Newswire / January 30, 2025 / Eagle Royalties Ltd. (CSE:ER.CN) or ("Eagle Royalties") has recently learned of encouraging drill hole intercepts, including visible gold, at Banyan Gold Corp.'s AurMac project in central Yukon (see Jan 16th BYN news release here). Eagle Royalties holds royalty interests ranging from 0.5% to 2.0% on certain claims which comprise a portion of the AurMac project. See additional AurMac royalty information here
Faraday Copper Intersects 47.95 metres at 0.74% Copper within 304.40 metres at 0.35% Copper in the American Eagle Area
VANCOUVER, BC / ACCESS Newswire / January 30, 2025 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of six drill holes from its ongoing Phase III drill program at the Copper Creek Project, located in Arizona ("Copper Creek"). Five holes were drilled in the American Eagle area and one at Old Reliable.
Snowline Gold Intersects 466.6 m of 1.1 Grams per Tonne Gold from Surface Including 154.0 m of 2.1 Grams per Tonne Gold Further Building on Continuity and Width at Its Valley Deposit, Yukon
Hole V-24-105 returned 1.12 g/t Au over 466.6 m from surface, including 2.07 g/t Au over 154.0 m, strong results infilling a 120 m gap along sectionHole V-24-111 returned 1.05 g/t Au over 403.6 m from surface, including 1.90 g/t Au over 103.0 m from a 108 m gap along section near the eastern extent of drillingResults from Aurelius show widespread alteration and anomalous gold (with local visible gold) in volcanic country rocks, along with broad zones of elevated copperAssays remain pending for >7,200 m from 17 holes across two targets at Snowline's Rogue and Einarson projects.
Revolve Partners with Vancity for Refinancing of Acquisition Loan
VANCOUVER, BC / ACCESS Newswire / January 30, 2025 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce it has entered into a long term loan facility with Vancity Capital Corporation ("Vancity") to refinance a CA$3,968,800 acquisition loan originally provided by RE Royalties Ltd. ("RE Royalties") to acquire the assets of Wind River Power Corporation. The RE Royalties loan, entered into on February 13, 2024, with a term of three years, has been repaid more than two years early without prepayment penalties. The transaction allows Revolve to further expand its group of financing partners in Canada, having recently closed several facilities with Export Development Canada.