Hertz Energy Inc. (the “Company”) (CSE: HZ; OTCQB: HZLIF; FSE: QE2) is pleased to announce that is has submitted applications for uranium Exclusive Prospecting Licenses (EPLs) in Namibia. Namibia is a country of diverse geology and has one of the richest uranium mineral reserves in the world. There are currently two large operating mines, the Husab and Rossing mines, in the Erongo Region and five major exploration projects planned to advance to production in the next few years as the country embraces the green energy transition. Uranium mining in Namibia is of considerable impor ..read more

West Red Lake Gold Mines Ltd. [TSXV-WRLG; OTCQB-WRLGF] provided an update on the progress of its continuing Madsen mill cleanup and gold recovery program at its 100%-owned Madsen mine, located in the Red Lake gold district of northwestern Ontario, Canada. The company carried out a preliminary phase of the Gold Recovery Program in late 2023 that recovered 415 troy ounces of gold with proceeds of approximately $750,000. Based on the significant amount of gold recovered during the initial investigation, a second and more comprehensive phase of the Gold Recovery Program was initiated in early 2024 ..read more

Cassiar Gold Corp. [GLDC-TSXV, CGLCF-OTCQX] has raised $6.8 million from an upsized non-brokered private placement financing and said it will use the proceeds to fund ongoing and future exploration and drill programs at its flagship Cassiar Gold Project in northern British Columbia. Under the terms of the offering, Cassiar issued 10.8 million units priced at 25 cents each, 1.76 million flow-through units priced at 35 cents per unit, 4.0 million charity flow-through units priced at 37 cents each and 5.25 million charity flow-through units priced at $0.3825 per unit. Each unit consists of one co ..read more

Aya Gold & Silver Inc. [TSX-AYA; OTCQX-AYASF] released high-grade silver drill results from its at-depth drill exploration program at the Zgounder silver mine in Morocco. Key highlights (all intersections are in core lengths): In the central zone from the 1,950-metre level, Hole ZG-SF-24-107 intercepted 1,459 g/t silver over 5.5 metres, including 3,086 g/t Ag over 2.5 m. In the western zone from the 2,000-metre level, Hole DZG-SF-24-018 intercepted 902 g/t Ag over 11.0 m, including 1,453 g/t Ag over 6.5 m. Hole DZG-SF-24-025 intercepted 1,548 g/t Ag over 4.0 metres, including 5,794 g/t Ag ..read more

By Eugene Gerden The Russian Polymetallic holding Seligdar plans to accelerate the development of Kyuchus gold deposit, one of Russia’s largest gold fields in terms of reserves. For this purpose, the company plans to invest more than 50 billion rubles (US$500 million) in its development by 2030. These plans have been recently confirmed by an adviser to the company’s general director Magomed Gekhaev. The Kyuchus deposit covers an area of 8.3 square km and is located in two hard-to-reach regions of Yakutia – Ust-Yansk and Verkhoyansk. Its balance reserves amount to 175.3 tons of gold, while reso ..read more

Electric Royalties Ltd. [TSXV-ELEC; OTCQB-ELECF] closed the previously announced transaction to acquire a portfolio of 18 royalty agreements and 32 lithium properties in Ontario, Canada (the Ontario lithium projects or the OLP). Pursuant to the asset purchase agreement between the company and 1544230 Ontario Inc., MK Exploration Services Inc. and Gravel Ridge Resources Ltd. (together, the vendors) dated April 8, 2024, the company has issued 2.25 million common shares of the company to the vendors and made a net cash payment of $1,689,000 (which reflects a total cash consideration of $1,875,000 ..read more

Patriot Battery Metals Inc. [TSX-PMET; OTCQX-PMETF; FSE-R9GA] reported core assay results for drill holes completed in 2024 at the CV5 spodumene pegmatite. The Corvette property, wholly owned by the company, is located in the Eeyou Istchee James Bay region of Quebec. The CV5 spodumene pegmatite, with a maiden mineral resource estimate (MRE) of 109.2 million tonnes (Mt) at 1.42% Li2O (lithium oxide) inferred, is situated approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure. Darren L. Smith, vice-president of exploration for the company, comme ..read more

Sendero Resources Corp. [TSXV-SEND] reported results of three more diamond drill holes from its maiden drilling program at its 100%-owned Penas Negras project in the Vicuna district in La Rioja, Argentina. These latest results from holes PNDH004 to PNDH006 continue to demonstrate the significant potential of the project. Highlights: PNDH006 (La Ollita) intersected 364m of 0.51 g/t AuEq (gold equivalent) from a shallow depth of 34m to the bottom of the hole. The upper part of the hole intersected 114m of 0.84 g/t AuEq, including 22m of 1.61 g/t AuEq. PNDH004 (La Ollita) intersected 266m of 0.52 ..read more

Treasury Metals Inc. [TML-TSX], TSRMF-OTCQX] has signed a definitive deal to acquire Blackwolf Copper and Gold Ltd. [BWCG-TSXV, BWCGF-OTCQB] in a bid to advance the Goliath Gold Complex in northwestern Ontario towards production. The combined company’s Niblack Copper-Gold development project in Alaska (currently a 100% Blackwolf-owned asset) and other exploration properties also represent promising upside for future growth. Under the agreement, Treasury will acquire all the issued and outstanding shares of Blackwolf, with each Blackwolf share being exchanged for 0.607 of a Treasury Metals shar ..read more

FPX Nickel Corp. [TSXV-FPX; OTCQB-FPOCF] has successfully completed a large-scale mineral processing pilot testing campaign for the Baptiste nickel project, British Columbia, the first significant component of the continuing feasibility study (FS) metallurgical test work campaign. Results from this test work confirm the 2023 preliminary feasibility study (PFS) basis, thereby validating FPX’s processing strategy, flow sheet, and key metallurgical criteria, including estimated recoveries. The pilot testing campaign was funded in part by a $725,000 grant from Natural Resources Canada under the Go ..read more