Precious Metals

Altan Rio Announces Suspension of Trading

Altan Rio Announces Suspension of Trading

Altan Rio Minerals Limited (TSXV: AMO) (the "Company" or "Altan Rio") announced that the TSX Venture Exchange (the "Exchange") suspended trading in the Company's securities effective May 6, 2022 as a result of a Cease Trade Order ("CTO") issued by the British Columbia Securities Commission ("BCSC") for failure to file the Company's audited financial statements, management's discussion and analysis and related certifications for the financial year ended December 31, 2021 (the "Annual Documents").

The BCSC advises that a revocation order for the CTO will be issued as soon as possible once the Company has filed the Annual Documents on SEDAR. Once the CTO is revoked, the Company intends to apply to the Exchange for reinstatement of trading.

FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Altan Rio to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These forward-looking statements are based on management's current expectations and beliefs but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. Actual results may differ materially from those currently anticipated in such statements, and the Company undertakes no obligation to update such statements, except as required by law.

On behalf of Altan Rio Minerals Limited

Evan Jones
Interim Chief Executive Officer

For more information contact:

Brian Cole, Director and Corporate Secretary
Email: bc@altnev.com
+ 61 418947564

Neither the Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123628

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Altan Rio

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Pilot RC Drilling Program to Re-Commence at the High Grade Pilot Deposit

  • RC drilling program to re commence shortly to test targets immediately below the existing Pilot mine
  • Phase 4 of Altan's 2021 program will be for approx. 1500 metres and expected to be completed mid-December with assay results to follow
  • Site work for the drill site and clearing of the access roads for arrival of the rigs have been completed
  • Phase 5 of the drilling program is scheduled for January 2022

Altan Rio Minerals Limited (TSXV: AMO) ("Altan Rio" or the "Company") is pleased to announce a Reverse Circulation ("RC") drilling program will commence shortly to further expand the gold discovery at the historic Pilot mine in the prolific Southern Cross Greenstone Belt, Western Australia.

This program will target high-grade intercepts located immediately below the shallow open pit gold mine previously operated between 1992-1993. Historical production of 0.56 Mt at 3.03 g/t for 54,554 oz Au has been recorded at Pilot and Altan's high conviction targets hold strong promise to deliver quality results to investors over a short period of time.

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New Break Increases Land Position at its Moray Project

New Break Increases Land Position at its Moray Project

New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce that the Company has increased the land position at its Moray property ("Moray") to 2,894 hectares from 1,856 hectares. Moray is located approximately 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc.. Moray exhibits comparable geology, mineralization and alteration characteristics to Young-Davidson, including mafic volcanic hosted and syenite hosted auriferous quartz vein zones. Current annual gold production at Young-Davidson runs 190,000 to 200,000 ounces at an average grade of 2.3 grams per tonne gold ("gt Au"), generating in excess of US$100 million of free cash flow annually at current gold prices.

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Puma Exploration Mobilises Crew for Its 2023 Drilling Program at the Williams Brook Gold Project

Puma Exploration Mobilises Crew for Its 2023 Drilling Program at the Williams Brook Gold Project

Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the "Company" or "Puma") is pleased to announce that drilling will begin shortly on its 100%-owned Williams Brook Gold Project in Northern New Brunswick, Atlantic Canada. A technical crew will be mobilized next week in preparation for the Company's planned 2023 drilling program.

The first phase of drilling will focus on definition and expansion of the high-grade gold intercepts (see Table 1) and interpreted high-grade gold shoots at the Lynx Gold Zone ("LGZ"). The LGZ is Puma's main area of focus. The zone currently covers 750 m of strike, a 75 m width, and has been defined to a depth of ~100 m.

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Element79 Gold Corp Engages Peruvian Technical Services Provider for Development at Lucero

Element79 Gold Corp Engages Peruvian Technical Services Provider for Development at Lucero

(TheNewswire)

Element79 Gold Corp.

Vancouver,BC TheNewswire March 15 th 2023 - Element79 Gold Corp (CSE:ELEM) (OTC:ELMGF) (FSE:7YS) ("Element79 Gold", the "Company" ) is pleased to announce its engagement of has entered service engagements SLM Mining Services (" SLM "), a technical mining service provider with extensive experience working in Peru and the Andean Region, for the work plan building up to commencing ore extraction operations at the Lucero High Grade Previously-Producing Gold-Silver Mine, SLM will work in conjunction with the Company's operations team.  The duration of the contract with SLM is 3 years.

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Snowline Gold Announces Strategic Investment by B2Gold Through Non-Brokered Private Placement

Snowline Gold Announces Strategic Investment by B2Gold Through Non-Brokered Private Placement

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Snowline Gold Corp. (CSE:SGD) (the "Company" or "Snowline") is pleased to announce that B2Gold Corp. (TSX:BTO, NYSE American: BTG, NSX: B2G) ("B2Gold") has agreed to complete a strategic investment into the Company. B2Gold will be the purchaser of common shares of the Company on the back end of an initial non-brokered flow-through private placement arranged by Snowline. Pursuant to the initial non-brokered private placement, up to 3,941,048 flow-through common shares of the Company (the "FT Shares") will be issued at a price of C$4.862 per FT Share for aggregate gross proceeds to the Company of up to C$19,161,375 (the "Offering

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iMetal Resources Successfully Raises $1,094,133 Through Exercise of Warrants and Extends European Marketing

iMetal Resources Successfully Raises $1,094,133 Through Exercise of Warrants and Extends European Marketing

iMetal Resources, Inc. (TSXV:IMR)(OTC PINK:ADTFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce 5,470,666 warrants have been exercised, adding $1,094,133 to the Treasury as of March 13, 2023. The warrants were issued in connection to a public unit offering completed by the Company (see Press Release April 8, 2022

"I am extremely pleased to report a successful exercise of over 5 million share purchase warrants for the Company generating an additional $1M+ of hard dollars to the iMetal treasury," commented Saf Dhillon, President and CEO of iMetal Resources. "The warrant exercise clearly demonstrates investor faith in the Company's management and projects, The additional proceeds will be used for general working capital and further exploration on our flagship Gowganda West property."

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FREEGOLD VENTURES LIMITED ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT TO $15 MILLION

FREEGOLD VENTURES LIMITED ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT TO $15 MILLION

/NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA , ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA ./

Freegold Ventures Limited (TSX: FVL) (the " Company " or " Freegold Ventures ") is pleased to announce that in connection with its previously-announced best efforts private placement offering (the " Offering "), the Company and Paradigm Capital Inc. (the " Agent "), have agreed to increase the size of the Offering. The Company will now issue up to 37,500,000 units of the Company (the " Units ") at a price of $0.40 per Unit (the " Issue Price ") for total gross proceeds of up to $15,000,000 . Each Unit will be comprised of one common share of the Company (a " Unit Share ") and one half of one common share purchase warrant of the Company (each whole warrant, a " Warrant "). Each Warrant will be exercisable to acquire one common share of the Company (a " Warrant Share ") for 24 months from the Closing Date at an exercise price of $0.52 per Warrant Share.

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