Major diversified miner Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) weathered both operational challenges and a tragic loss to deliver a resilient performance in the first quarter of 2024. Despite grappling with the aftermath of a devastating plane crash that claimed six lives, including four Diavik diamond mine employees, the company has emerged with stable operational results. “We delivered stable operating results in the first quarter, including improvements at our bauxite and aluminum businesses, as we navigated seasonal challenges across our global operations. Our full year guidance is unchang ..read more

An aircore drill programme will commence this week at Impact Minerals Limited's (ASX:IPT) Hyperion REE prospect, which is part of the 100% owned Arkun Project, located 150km east of Perth in the emerging mineral province of southwest Western Australia (Figure 1, ASX Release April 16th 2024). Drilling is well underway at the Hyperion Rare Earth Element (REE) Prospect to test a large Rare Earth Element soil geochemistry anomaly. The soil anomaly covers at least a 3 km2 area at greater than 1,000 ppm Total Rare Earth Oxide (TREO + Y) with peak values up to 5,880 ppm (0.59%) TREO+Y and Nd+Pr of ..read more

Elixir Energy Limited (“Elixir” or the “Company”) is pleased to provide an operations update on its 100% owned Grandis project located adjacent to the Wallumbilla gas hub in Queensland. HIGHLIGHTS Six stage stimulation program now underway Stimulation phase to be immediately followed by extensive flow testing The Lorelle Sandstone, which has already flowed a stabilized 1.3 million cubic feet per day, will be included in the stimulation and flow testing program Following the recent successful flow test on the Lorelle Sandstone, which flowed gas without stimulation from a depth of 4,200 metr ..read more

Heavy rare earths (HREE) and Niobium (Nb) explorer DY6 Metals Ltd (ASX: DY6) (“DY6”, “the Company”) is pleased to announce the receipt of the assay results for the second comprehensive reconnaissance rock chip and soil sampling program completed at Machinga Main Licence Area Anomaly (Figure 1). HIGHLIGHTS Sampling program consisting of a total of 727 rock chips and soil samples recently completed into recently granted licence area at Machinga Full assay results received from soil and rock chip sampling program at Machinga: 305 soil samples were taken on a 200m x 100m grid Assays returned ..read more

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2), ("Blue Sky" or the "Company") is pleased to announce a non-brokered private placement for the sale of up to 16,666,667 units of the Company (each, a "Unit") at a price of C$0.06 per Unit (the "Offering Price") for aggregate gross proceeds of C$1,000,000 (the "Offering"). Red Cloud Securities Inc. will be acting as a finder in connection with the Offering. Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one transferrable Common Share purchase warrant (each, a "Warrant"). Each Warrant will ent ..read more

Klondike Silver Corp. (the “Company”) (TSXV: KS | OTC: KLSVF | WKN: A1H8T1) is pleased to provide an update from its current underground drill program at the Silvana Mine, targeting western extensions of the mine within the historic Silvana claim block that the Company owns in southeastern British Columbia. Drill holes from the first phase of drilling were laid out to intersect, map and model the extensions of vein structures down dip of three mineralized lodes from surface on the Silvana Mine claims, with the intention of targeting silver, zinc, and lead mineralization in the Company’s phas ..read more

AM Resources Corporation (“AM Resources” or the “Company”) (TSXV: AMR) (Frankfurt: 76A), a dynamic junior mining company focused on the exploration and development of high-potential pegmatite lithium deposits, is pleased to announce that it has completed the compilation of government data on its newly acquired 1,500 km2 land package (see press release dated March 21, 2024) with the discovery of 94 new pegmatites. AM Resources has now identified a total of 281 pegmatites, consolidating its strategic position in one of Austria’s most prospective lithium areas. Recently announced 1,500 km2 lan ..read more

Despite ongoing geopolitical concerns, gold has pulled back this week from April 12's new all-time high. As of 3:02 p.m. EDT on Wednesday (April 17), spot gold was trading at US$2,374.50 per ounce, below its record peak of US$2,431.29. Concurrently, US gold futures declined by 0.5 percent to hit US$2,396.70. Last weekend, Iran launched a direct assault on Israel, purportedly in retaliation for an Israeli airstrike that targeted an Iranian diplomatic facility in Damascus, Syria, on April 1. Israel is currently weighing its response. Gold is widely viewed as a safe-haven asset, and could pick ..read more

Marvel Discovery Corp. (TSXV: MARV), (FWB: O4T), (OTCQB: MARVF) ("Marvel" or the "Company") is pleased to announce that it has received final approval from the TSX Venture Exchange (the "TSXV") of its previously announced disposition of the Company's Baie Verte Brompton Line ("BVBL") property. Further to its news releases dated June 8, 2023 and September 7, 2023, the Company entered into an option agreement with Carmanah Minerals Corp. ("Carmanah") whereby the Company granted Carmanah the option to earn a 100% interest in Falcon's BVBL property. The TSXV has informed the Company that all con ..read more

Piedmont Lithium (NASDAQ:PLL,ASX:PLL), one of North America’s leading lithium suppliers, announced on Monday (April 15) that the North Carolina Department of Environmental Quality (NCDEQ) has given its stamp of approval for the company's US$1.2 billion mining and processing plant project in Gaston County. “This is an exciting day for all of us at Piedmont Lithium. I would like to thank the leadership and staff at NCDEQ and (the Division of Energy, Mineral and Land Resources) for their diligence in the process, as well as the members of our team who worked rigorously for more than two and a h ..read more