VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Azucar Minerals Ltd. ("Azucar" or the "Company") (TSX-V: AMZ; OTCQB: AXDDF) announces that it has signed an Option-Joint venture exploration agreement (the “Option”) with Almadex Minerals Ltd. (“Almadex”) whereby Azucar has the option to acquire a 60% interest in three of Almadex’s wholly owned blocks of claims in Nevada, the Pilot, Confusion Hills and Red Ring prospects more fully described below (the “Projects”). The Pilot project also includes ...

VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Almadex Minerals Ltd. ("Almadex" or the "Company") (TSX-V: “DEX”) is pleased to announce that it has signed an Option-Joint venture exploration agreement (the “Option”) with Azucar Minerals Ltd. (“Azucar”) whereby Azucar has the option to acquire a 60% interest in three of Almadex’s wholly owned blocks of claims in Nevada, the Pilot, Confusion Hills and Red Ring prospects more fully described below (the “Projects”). The Pilot project also include ...

TORONTO, May 01, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with McEwen Mining (“MUX”) to evaluate its Stock Mill for processing of material extracted from Inventus’ 100%-owned Pardo Gold Project located 65 km east of Sudbury, Ontario. Highlights The MOU describes the mutual intent of Inventus and MUX to evaluate if processing of bulk sample material can occur at the Stock Mill from ...

More High-grade at BrimstoneHigh-grade Gold at Bay TargetHigh-grade Silver at Manganese TargetWINNEMUCCA, Nev., April 30, 2025 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company") announces final drill results from its 2024 exploration program (the "Drill Program") at the Hycroft Mine, located in Nevada, a Tier-1 mining jurisdiction.  See Table 1 below for full drill results.WebinarFor additional context on this news release, join President and CEO Diane R. Garrett ...

VANCOUVER, British Columbia, April 30, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF) is pleased to announce the completion of a high-resolution helicopter-borne Mobile MagnetoTellurics System (“MobileMT”) survey at the Sabre Uranium Project (the “Sabre Property” or the “Project”) located in the northern Athabasca Basin region of Saskatchewan, Canada. The Project-wide MobileMT survey completed by Expert Geophysics Surveys Inc. (“EGS” ...

Company Overview - Solis Minerals Limited is focused on advancing its portfolio of high-priority copper-gold targets in the Southern Coastal Belt of Peru, holding 81 exploration concessions covering a total area of 69,200 hectares [3][5][52] - The company has appointed Mitch Thomas as Chief Executive Officer, who brings extensive experience in South America and project development [4][48] Financial Highlights - Solis successfully completed a placement raising A$4.5 million to support drilling activities in Peru [7][42] - The company had a cash balance of A$0.8 million as of February 28, 2025, with additional funds raised post-reporting period [40][42] Project Developments - Significant progress was made in advancing permits and refining high-priority copper targets, with drilling at Chancho al Palo and Ilo Este expected to begin in May 2025 [8][16] - The Chocolate Project has revealed multiple copper-gold targets, with notable geochemical assay results including 0.71% Cu and 0.60 g/t Au for Porphyry Target 1 [27][26] Market Conditions - The copper market is experiencing strong momentum, with prices recently surpassing US$10,000 per tonne due to supply constraints and robust demand, particularly linked to the global energy transition [13][15] - Gold prices have reached record highs above US$3,000 per ounce, driven by geopolitical uncertainty and central bank purchases [14][15] Exploration Activities - Extensive copper porphyry mineralization has been identified at the Cinto Project, with significant channel sampling results indicating 23.4m @ 0.88% Cu [21][23] - The company is planning Induced-Polarisation (IP) surveys to define drill targets at Cinto, with drilling anticipated in the second half of 2025 [25][20] Corporate Strategy - Solis is evaluating options to simplify its listing structure, potentially delisting from the TSXV and establishing the ASX as its primary listing [41] - The company is actively reviewing potential acquisitions in various jurisdictions, focusing on copper and gold projects that are drill-ready [39]

Grizzly Announces Private Placement, Debt Settlement, and Provides Update on The Greenwood Precious and Critical Minerals ProjectApril 29, 2025 12:24 PM EDT | Source: Grizzly Discoveries Inc.Edmonton, Alberta--(Newsfile Corp. - April 29, 2025) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to announce a private placement (the "Offering") of Units and FT Units for aggregate gross proceeds of up to $1,000,000 if fully subscribed. The Offe ...

Core Insights - Brazilian Rare Earths Limited (BRE) reported record exploration success at Monte Alto, highlighting significant mineralization and high-grade rare earth elements [1][5] - The company has confirmed the Pelé project as a district-scale high-grade rare earth project, indicating substantial potential for future development [2] - The Amargosa Bauxite-Gallium Project has opened new pathways for value creation at a province scale, enhancing the company's portfolio [3] Financial Position - As of March 31, 2025, BRE held A$75.4 million in cash, positioning the company well for planned exploration and feasibility work programs through 2026 [5] Exploration Highlights - New exploration results at Monte Alto revealed ultra-high-grade rare earth intercepts up to 45.7% TREO, with standout grades of 69,558 ppm NdPr and 11,696 ppm DyTb [5] - Drilling at Monte Alto extended thick horizons of shallow high-grade monazite-sand mineralization, including 18m at 6.8% TREO from surface [5] - At Pelé Target 1, high-grade rare earth outcrops were discovered with grades up to 17.7% TREO, and diamond drill results returned assays of up to 13.5% TREO [5] Bauxite-Gallium Project Developments - BRE and Rio Tinto replaced a US$40 million bauxite production-linked milestone payment with a fixed royalty of US$1.00 per wet tonne on future bauxite sales, enhancing funding flexibility [5] - Historic drilling confirmed thick, high-grade bauxite intervals, including 27.5 meters at 51.3% total available alumina content [5] - New gallium discoveries were made with exceptional grades of up to 190 ppm Ga2O3, prompting the appointment of RPM Global for a JORC-compliant resource and scoping study [5]

MONTREAL, April 29, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. ("Troilus" or the "Company") (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce positive drill results from its 2025 drill campaign (outlined in the February 4, 2025 press release). The program is focused on identifying and delineating higher-grade mineralization and enhancing confidence in the block model. The results reported today include the best intercept drilled to date in the Southwest Zone ("Southwest") based on linear grade (gr ...

Vancouver, Canada, April 29, 2025 – TheNewswire - Electrum Discovery Corp. ("Electrum" and/or the "Company") (TSX-V:ELY | FRA:R8N | OTC:ELDCF) is pleased to announce that a planned ground magnetic survey has commenced at the Timok East Copper-Gold Project ("Timok East" and/or the "Project"), located in eastern Serbia. The Project consist of 3 mineral permits: Bukova Glava, Luka and Makovište covering 123 square kilometres. “The results of this ground magnetic survey will better define our understanding of ...