Rustitan to invest US$500 million developing largest titanium field in Russia By Eugene Gerden The Rustitan group of companies, one of Russia’s largest titanium producers, plans to launch the first stage of development of the Pizhemskoye titanium field, Russia’s major titanium field in terms of reserves in 2026. The field is located in the Russian Komi Republic, Republic of Russia, which is situated to the west of the Ural Mountains, while the level of investments in its development is estimated at RUB 52 billion rubles (US$500 million). According to the Deputy Chairman of the Komi regional go ..read more

Critical Elements Lithium Corp. [TSXV-CRE; OTCQX-CRECF; FSE-F12] reported the most-recent results from the 31-hole, 3,670-metre winter drill program on its 100%-owned Rose West discovery, Quebec, with multiple wide intersections of lithium-rich pegmatites. The Rose West discovery is situated within the Rose and Rose South property blocks, which constitute 395 km2 or only 38% of the total 1,050 km2 in the corporation’s prospective exploration portfolio in Quebec. The 2024 winter drill campaign successfully completed 3,670 metres of drilling in 31 holes on the spodumene-bearing pegmatite showing ..read more

Bonterra Resources Inc. [TSXV-BTR; OTCQX-BONXF; FSE-9BR2] released encouraging drill results and provided an update on the continuing drilling program on the Phoenix joint venture (formerly known as the Urban-Barry property), Quebec. The project is under a definitive earn-in and joint venture agreement with Osisko Mining Inc. [TSX-OSK]. Under the Agreement, Osisko Mining can acquire up to a 70% interest in the project by spending $30 million in work expenditures, with a minimum spending commitment of $10 million per year over a three-year period. To date, approximately 20,000 metres have been ..read more

Abitibi Metals Corp. [CSE-AMQ; OTCQB; AMQFF; FSE-FW0] reported that due to continued positive visuals, the company has expanded its maiden drill program at the B26 Polymetallic Deposit in Québec to approximately 13,500 metres. On November 16, 2023, the company entered into an option agreement on the B26 Polymetallic Deposit to earn 80% over 7 years from SOQUEM Inc., a subsidiary of Investissement Québec. The increase in the drill program follows the addition of a third rig and the company’s recent release of some of the highest-grade intercepts in the Project’s history, including 11.4% CuEq ov ..read more

i-80 GOLD CORP. [TSX-IAU; NYSE-IAUX] reported additional results from 2023 drilling in the Helen Zone that continues to realize significant high-grade results from the underground drilling program at the 100%-owned McCoy-Cove property, Lander County, Nevada. The new results are from the 2023 underground drilling program to define the Helen Zone, the first horizon expected to be accessed at the Cove Mine. The most recently received results from the Helen Zone compliment recently released intercepts that returned up to 22.6 g/t gold over 19.1 metres in hole iCHU23-37,&nb ..read more

Calibre Mining Corp. [CXB-TSXV, CXBMF-OTC] has announced drill results from its 2023 resource conversion and expansion program within its 176 square kilometre Eastern Borosi Mine Complex in northeastern Nicaragua. The Eastern Borosi Complex is adjacent to a larger, 100%-owned 7,281 square kilometre Atlantic Mineral Concession package. Drilling highlights include 10.81 g/t gold over 3.4 metres, 9.64 g/t gold over 3.3 metres, and 1,413.6 g/t silver over 2.9 metres. “These results at Eastern Borosi reinforce the potential for discovery and resource expansion within the 176-square kilometre Easter ..read more

‘That’s a Wrap’ By Rod Blake As the brokers, investors, traders and portfolio managers watched their terminals last week, one item kept standing out above all the rest. Gold bullion rose for five consecutive days from US$2,220 to US$2,327 a troy ounce (t oz). A $107 gain to put the yellow metal firmly above the previous long-term resistance highs of about US$2,000 set in 2020, 2022, and twice in 2023. Like the ram battering the dam – gold has finally broken well above previous long-term resistance with only blue-sky above. The way I see it – The next time you see twp people bumping chests they ..read more

Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold”) is pleased to announce that, further to its press releases dated January 22, 2024 and March 19, 2024, it has entered into a share exchange agreement (the “Share Exchange Agreement”) pursuant to which Steppe Gold will acquire all of the issued and outstanding common shares (the “BG Common Shares”) of Boroo Gold LLC (“Boroo Gold”) from an indirect, wholly owned subsidiary of Boroo Pte Ltd. (“Boroo Singapore”) in an all-share transaction (the “Boroo GoldTransaction”). Additionally, pursuant to separate definitive share purchas ..read more

Generation Uranium Inc. [GEN-TSXV] said Friday it has increased the size of a previously announced non-brokered private placement financing, which is now expected to raise $1.25 million. The company said it intends to use the net proceeds to help define new drill targets on the Yath Project, a high-grade uranium property, located in the Thelon Basin, in Nunavut, Canada. The company said the private placement offering has been increased to 5.0 million units from four million. It said the first two tranches of the private placement closed with the issuance of 4.0 million units, each of which con ..read more

NOA Lithium Brines Inc. [TSXV-NOAL; FSE-N7N] released positive lithium results from brine samples from RG23-005, the fifth hole of the phase 1 diamond drill program at its Rio Grande project, Salta province, Argentina. The hole, located at the Juana Azul claim within the salar, completed to a depth of 602 metres, intersected a high-grade lithium brine aquifer of significant thickness starting from a down-hole depth of only 1 metre. Highlights from the fifth drill hole include: Near-Surface: Lithium brine-saturated geological units were encountered starting at only 1 metre below surface, indica ..read more