Wallbridge Mining Company Ltd. [TSX-WM; OTCQB-WLBMF] reported final assay results from its 2,396-metre drilling program completed in March 2024, at its 100%-owned Fenelon gold project, Quebec. Highlights: Intersected multiple high-grade gold-bearing structures in the Enterprise and Andromeda vein swarms of the Area 51 zone, at depths ranging between 60 metres and 150 metres below surface, including 29.48 g/t gold over 1.4 metres and 37.95 g/t Au over 1.9 metres in drill hole FA-24-578; 12.09 g/t Au over 0.5 metres and 41.55 g/t Au over 0.5 metres in drill hole FA-24-579. Provided additional in ..read more

Fortuna Silver Mines Inc.’s [TSX-FVI; NYSE-FSM] Yaramoko mine, located in Burkina Faso, reached the one-million-ounce gold pour milestone on May 19, 2024. Yaramoko started production on May 16, 2016, and Fortuna acquired the mine on July 2, 2021. As of December 31, 2023, Yaramoko has a remaining mine life of two years with proven and probable mineral reserves of 900,000 tonnes at a grade of 7.90 g/t gold and containing 219,000 oz gold, in addition to measured and indicated mineral resources, exclusive of mineral reserves, of 500,000 tonnes at a grade of 2.87 g/t Au and containing 43,000 oz Au ..read more

Altamira Gold Corp. [TSXV-ALTA; OTC Pink: EQTRF; FSE-T6UP] reported results of 12 additional drill holes at the Maria Bonita gold discovery at the Cajueiro Project, Brazil. Highlights: MBA029 returned 146 metres of 1.0 g/t gold from 23 metres depth in hydrothermally altered rhyolite intrusive rocks. This interval is part of a wider zone of mineralization with the entire hole returning 213 metres of 0.8 g/t gold and terminating in mineralization, indicating the mineralized body remains open at depth. As with previous drill intercepts, the gold values in MBA029 are remarkably consistent with a p ..read more

Faraday Copper Corp. [FDY-TSX, CPPKF-OTCQX] is raising $20 million from a bought deal financing with proceeds earmarked for its Copper Creek project in Arizona. The company said the offering will consist of 25 million common shares priced at 80 cents each. However, the proceeds could be larger as the underwriters have been granted an option to purchase an additional 3.75 million common shares to cover over-allotments, if any. That option can be exercised for 30 days after the closing date, which is expected to occur on May 30, 2024, and could generate additional proceeds of $3.0 million. Farad ..read more

Impact Silver Corp. [IPT-TSXV, ISVLF-OTC Pink, IKL-FSE] said it has closed the first tranche of the non-brokered private placement financing that was originally expected to raise $6.2 million but has subsequently been upsized to $ 8.2 million. Under the first tranche, the company has received gross proceeds of $2.93 million from the issuance of 10.48 million LIFE units priced at 28 cents each and gross proceeds of $4.19 million from the issuance of 15.5 million units (the Standard Units) priced at 27 cents per unit. Total gross proceeds from the sale amount to $7.13 million. The second tranche ..read more

Solaris Resources Inc. [SLS-TSXV, SLSR-OTCQB] h3535as announced details of a new $35 million bought deal after ending a previously announced transaction that would have seen Chinese multinational firm Zijin Mining Group Co Ltd. taking a minority stake in the company. Solaris said the bought deal financing consists of 7.15 million common shares priced at $4.90 per share. It said the underwriters have been granted an option to purchase up to an additional 1.07 million common shares, representing 15% of the offering, to cover over-allotments, if any, on the same terms. That option remains open fo ..read more

Europacific Metals Inc. (TSXV:EUP) (OTCQB:AUCCF) (the “Company” or “EuroPacific”) announces its initial assay results from the first drill hole, and the completion of the fifth drill hole of the 2024 exploration program at the Miguel Vacas mine area located approximately 180 km east by road from Lisbon and approximately 70 km east from Évora, the Alentejo region capital. Chief Executive Officer, Karim Rayani stated: “We are very pleased with these initial results from the Miguel Vacas Copper Project. The first intercept not only confirms and validates the high-grade na ..read more

Bathurst Metals Corp. [TSXV-BMV; OTC-BMVVF] reported assay results from the company’s first diamond drilling program on its Peerless project located in the Bralorne mining camp area of British Columbia. Hole PR24-04 returned 0.20 ounce/ton gold over 16.73 feet, including 0.63 oz/ton gold over 3.61 feet. The drill program was designed to test for the presence of an east-west-trending structure, which could be important in gold deposition. The program was clearly successful and obtained potential economic gold values along the structure and within the surrounding ultramafic host. While ultramafi ..read more

Brixton Metals Corp. [TSXV-BBB; OTCQB-BBBXF] reported that its Thorn exploration camp is now open for the season and drilling has commenced. Brixton is fully funded for the 2024 exploration program with plans to drill test several new copper porphyry targets, including the Trifecta, Cirque, and North Copper Targets, in addition to further drilling at the Camp Creek Porphyry Target. The Thorn Project is situated within the traditional territory of the Tahltan and Taku River Tlingit First Nations, British Columbia. 2024 Thorn Exploration Plan Highlights: The 2024 exploration plan consi ..read more

Bunker Hill Mining Corp. [TSXV-BNKR; OTCQB-BHLL] provided an update on its Bunker Hill Mine located in Kellogg, Idaho. “The start of our processing plant construction represents a vital and exciting milestone in our journey to restart the Bunker Hill Mine.” said Sam Ash, CEO, “We are on track for the planned start of both mining and mill commissioning by the end of this year, with the goal of ramping up to full production through Q1 2025”. On April 30, 2024, the company received its critical Pre-Permit to Construct from the Idaho Department of Environmental Quality (IDEQ), allowing the company ..read more