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ESGold Appoints Mining Executive Peter Espig to Board of Directors
Globenewswire· 2025-05-01 12:30
Veteran mining executive and financier joins ESGold’s board as it accelerates towards gold productionVANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- via IBN -- ESGold Corp. (“ESGold” or the “Company”) (CSE: ESAU | OTCQB: ESAUF | FSE: Z7D) is pleased to announce the appointment of seasoned mining executive and former global investment banker Peter Espig to its Board of Directors, effective immediately. With deep roots in both global capital markets and operational mining leadership, Mr. Espig b ...
Metalsource provides update on exploration at Aruba
Globenewswire· 2025-05-01 12:00
VANCOUVER, BRITISH COLUMBIA, May 01, 2025 (GLOBE NEWSWIRE) -- METALSOURCE MINING INC. (the “Company” or "Metalsource") (CSE: “MSM”) is pleased to provide an update on the Company’s exploration program at the Aruba Property, which is currently underway. This first program conducted by the company consists of a soil sampling program and a ground gravity survey. The intent is to delineate anomalous trends with coincident geophysical signatures to develop drill targets in the Transvaal Supergroup stratigraphy k ...
Azucar Announces the Option of Three Projects in Nevada, USA from Almadex Minerals
Globenewswire· 2025-05-01 11:30
Core Viewpoint - Azucar Minerals Ltd. has entered into an Option-Joint venture exploration agreement with Almadex Minerals Ltd. to acquire a 60% interest in three mineral projects in Nevada, namely Pilot, Confusion Hills, and Red Ring [1][9]. Cash Payments - Azucar is required to make cash payments totaling $100,000 USD upon acceptance by the TSX Venture Exchange and minority shareholder approval, followed by $300,000 USD for each project upon completion of exploration requirements [2]. Work Commitments - The company must complete at least 2,000 meters of drilling across the projects within 18 months and at least 3,000 meters on the specific project chosen for the option within five years [3]. Additional Payments - Upon completion of at least 15,000 meters of drilling on a specific project, Azucar will make an additional cash payment of $750,000 USD to Almadex [4]. Pilot Mountain Project - The Pilot project features hydrothermal alteration in sedimentary rocks and has shown promising geological mapping and soil sampling results indicating potential porphyry mineralization [5]. A drill permit has been approved, and Azucar plans to develop drilling plans for 2025 [5]. Confusion Hills Project - The Confusion Hills project has shown encouraging preliminary results from grab rock samples, with some samples returning gold grades up to 7.1 g/t [6]. The project area has been mapped to define a high sulphidation/porphyry lithocap, and a drill permit has also been approved [6][7]. Red Ring Project - The Red Ring prospect has identified a significant alteration zone interpreted as a porphyry lithocap, with preliminary rock sampling indicating high values of pathfinder trace elements [8]. Azucar plans further sampling and geophysical studies in 2025 [8]. Management and Board Approval - The management and Board members of both Azucar and Almadex have unanimously approved the option agreement, with independent directors abstaining due to their interests [9][10]. Related Party Transaction - Almadex holds a 19% interest in Azucar, making the option agreement a related party transaction, which requires disinterested shareholder approval [10]. The company plans to seek this approval at its upcoming Annual General and Special meeting on June 26, 2025 [10]. Regulatory Compliance - The option agreement is subject to acceptance by the TSX Venture Exchange, and a material change report will be filed within 10 days of the announcement [11][12].
Almadex Announces Option-Joint Venture Agreement on Three Nevada Properties with Azucar Minerals Ltd.
Globenewswire· 2025-05-01 11:30
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 ...
Inventus Signs MOU with McEwen Mining for Stock Mill Evaluation and Outlines Pardo Bulk Sampling Plan
Globenewswire· 2025-05-01 11:00
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 ...
2024 Year-End Exploration Results
Prnewswire· 2025-04-30 13:00
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 ...
Greenridge Exploration Completes Airborne MobileMT Survey at the Sabre Uranium Project in Athabasca Basin, Saskatchewan
Globenewswire· 2025-04-30 12:00
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” ...
Global Uranium Advances Athabasca Basin Exploration with Launch of ZTEM Survey at Astro Project
Globenewswire· 2025-04-30 12:00
ZTEM Survey to Map Deep Conductive Targets Across Underexplored Uranium Corridor Near McArthur River MineCALGARY, Alberta, April 30, 2025 (GLOBE NEWSWIRE) -- Global Uranium Corp. (CSE: GURN | OTC: GURFF | FRA: Q3J) (the "Company" or “Global”) and Cosa Resources Corp. (TSX-V: COSA) (OTCQB: COSAF) (FSE: SSKU) (“Cosa”) are pleased to announce that geophysical surveying has commenced at the Astro Uranium Project in the eastern Athabasca Basin, Saskatchewan. This fully funded program marks the first phase of Glo ...
Integral Metals Reports Preliminary Geomicrobial Results from Burntwood Project, Highlights Biological Pathfinder Potential for REE Exploration
Globenewswire· 2025-04-30 12:00
Preliminary Geomicrobial Results Uncovers Promising Microbial Signatures Linked to Rare Earth PotentialCALGARY, Alberta, April 30, 2025 (GLOBE NEWSWIRE) -- Integral Metals Corp. (CSE: INTG | OTC: ITGLF | FSE: ZK9) (the “Company” or “Integral”) is pleased to announce preliminary results from its 2024 geomicrobial survey at the Burntwood Project in northern Manitoba, where early findings demonstrate promising microbial patterns that may serve as biological pathfinders for rare earth element (REE) mineralizati ...
Stallion Uranium Announces Completion of Ground Gravity Survey over Coyote Target
Globenewswire· 2025-04-30 11:30
VANCOUVER, British Columbia, April 30, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce the successful completion of a ground gravity survey over its Coyote Target, located within the Southwestern Athabasca Basin Joint Venture (“JV”) Project in partnership with Atha Energy Corp. (“Atha Energy”) (TSX-V: SASK). The survey marks a critical step in advancing the exploration efforts in this highly prospective uranium region ...