TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

AM RESOURCES CORP. ("AMR")
BULLETIN TYPE:  Reinstated for Trading
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange Bulletin dated May 8, 2023 , the Exchange has been advised that the Cease Trade Order issued by the Autorite des marches financiers dated May 8, 2023 , has been revoked.

Effective at the opening, Monday, August 14, 2023 , trading will be reinstated in the securities of the Company.

AM RESOURCES CORP. (« AMR » ou la « Société »)
TYPE DE BULLETIN :  Réadmission à la cote
DATE DU BULLETIN :  10 août 2023
Bourse de croissance TSX – Société de groupe 2

Comme suite au bulletin de la Bourse de croissance TSX daté du 8 mai 2023, la Bourse a été informée de la révocation de l'interdiction d'opérations prononcée par l'Autorité des marchés financiers du Québec le 8 mai 2023.

Dès l'ouverture de la séance du lundi 14 août 2023 , la négociation des titres de la Société sera rétablie.

__________________________________________

NEWPORT EXPLORATION LTD. ("NWX ")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend per Common Share:  $0.01

Payable Date: September 12, 2023

Record Date: August 25, 2023

Ex-dividend Date: August 24 , 2023

________________________________________

SILVER NORTH RESOURCES LTD. ("SNAG")
[formerly Alianza Minerals LTD. ("ANZ")]
BULLETIN TYPE:  Name Change and Consolidation
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

Pursuant to a resolution passed by directors on July 25, 2023 , the Company has consolidated its capital on a ten (5) old for one (1) new basis.  The name of the Company has also been changed as follows.

Effective at the opening August 14, 2023 , the common shares of Silver North Resources Ltd. will commence trading on TSX Venture Exchange, and the common shares of Alianza Minerals Ltd. will be delisted.  The Company is classified as a 'Metal Ore Mining" company.

Post - Consolidation

Capitalization:                                      Unlimited  shares with no par value of which

31,877,994 shares are issued and outstanding

Escrow:                                                         nil  shares are subject to escrow

Transfer Agent:                                       Computershare Trust Company of Canada

Trading Symbol:                                      SNAG (new)

CUSIP Number:                                       828061101 (new)

________________________________________

23/08/10 - TSX Venture Exchange Bulletins

TSX VENTURE COMPANIES

CASA MINERALS INC. ("CASA ")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:

# of Warrants:                                                     20,000,000

Previously Amended Expiry Date of Warrants: August 18, 2023 (as to 16,400,000 warrants).

September 20, 2023 (as to 3,600,000 warrants).

New Expiry Date of Warrants:                               February 20, 2024 (as to 20,000,000 warrants).

Exercise Price of Warrants:                                   $0.10 (Previously amended from $0.30 ).

These warrants were issued pursuant to a private placement of 20,000,000 shares with 20,000,000 share purchase warrants attached, which was accepted for filing by the Exchange effective June 25, 2021 .

________________________________________

GENERAL ASSEMBLY HOLDINGS LIMITED ("GA")
BULLETIN TYPE:  Shares for Debt
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 17,792,912 shares to settle outstanding debt for $1,226,041 .

Number of Creditors:                 6 Creditors

Non-Arm's Length Party / Pro Group Participation:






Creditors

# of Creditors

Amount Owing

Deemed Price per Share

Aggregate # of Shares






Non-Arm's Length Party Involvement:

1

$650,000

$0.085

7,647,059


1

$24,995

$0.06

416,583

Aggregate Pro Group Involvement:

N/A

N/A

N/A

N/A


The Company shall issue a news release when the shares are issued and the debt extinguished.

________________________________________

GOLD79 MINES LTD. ("AUU ")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation pertaining to a Second Option Agreement Amendment, dated July 21, 2023 (the "Agreement"), between the Company and several arm's length parties (the "Vendors"), whereby the Company extended the period of time to acquire up to a 100% interest of the Gold Chain Property, located in Mohave County, Arizona , USA.

Under the terms of the Agreement, the Company has obtained the extension until July 30, 2028 to exercise the option in exchange for additional cash payment of US$5,000 and issuance of shares valued at US$48,000 on or before July 30, 2026 . All other terms and scheduled payments and share issuances remain unchanged.

For further details, please refer to the Company's news release dated July 24, 2023 .

________________________________________

GOTHAM RESOURCE CORP. ("GHM.P ")
BULLETIN TYPE:  Halt
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

Effective at 6:35  a.m. PST, Aug. 10, 2023 , trading in the shares of the Company was halted pending news; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada , the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

GRAPHENE MANUFACTURING GROUP LTD. ("GMG ") ("GMG.WT ")
BULLETIN TYPE:  Halt
BULLETIN DATE: August 10, 2023
TSX Venture Tier 1 Company

Effective at  12: 11 p.m. PST , Aug. 9, 2023 , trading in the shares of the Company was halted, pending news; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada , the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

IMPERIAL MINING GROUP LTD. ("IPG ")
BULLETIN TYPE:  Non-Brokered Private Placement
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement (the "Private Placement"):

Number of Securities:               17,777,776 common shares

Purchase Price: $0.09 per common share

Warrants:                                  17,777,776 warrants to purchase a maximum of 17,777,776 common shares

Warrant Exercise Price: $0.14 per share for a period of 24 months following the closing of the Private Placement

Number of Placees:                  26 Placees

Insider / Pro Group Participation:

Name

Insider = Y / Pro Group = P

Number

of Shares

Insider Involvement
(2 Placees)

Y

211,111


Finders' Fees:                           Finders received $42,012.18 in cash and 466,802 common share purchase warrants at $0.14 for 24 months

The Company has confirmed the closing of the Private Placement in news release dated July 7, 2023 .

IMPERIAL MINING GROUP LTD. (« IPG »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 10 août 2023
Société du groupe 2 de TSX Croissance

Bourse de Croissance TSX a accepté le dépôt de la documentation de la société en vertu d'un placement privé sans l'entremise d'un courtier (le « placement privé »):

Nombre d'actions :                   17 777 776 d'actions ordinaires

Prix :                                         0,09 $ par action ordinaire

Bons de souscription :             17 777 776 bons de souscription permettant de souscrire à 17 777 776 actions ordinaires

Prix d'exercice des bons :        0,14 $ par action pour une période de 24 mois suivant la clôture du placement privé

Nombre de souscripteurs :       26 souscripteurs

Participation initié / Groupe Pro :

Nom

Initié = Y / Groupe Pro = P

Nombre

d'actions

Participation des Initiés
(2 souscripteurs)

Y

211 111


Honoraires d'intermédiation :      Un intermédiaire a reçu 42 012,18 $ en espèces ainsi que 466 802 bons de souscription en actions ordinaires à 0,14 $ pour 24 mois.

La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 7 juillet 2023.

________________________________________

LIFEIST WELLNESS INC. ("LFST") ("LFST.WT.A") ("LFST.WT.B")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 10, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to the arm's length acquisition of 1000501971 Ontario Inc. (" Zest "). As consideration, the Company issued 68,234,158 common shares at a deemed price of $0.05 per share to shareholders of Zest, of which 37,500,000 common shares are held in escrow and will be released over a period of nine months in accordance with certain milestones.

For more information, refer to the Company's news releases dated June 1, 2023 , and July 21, 2023 .

_______________________________________

METALEX VENTURES LTD. ("MTX ")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on July 21, 2023 :

Number of Shares:                    10,400,000 Flow-through shares (the "FT Share")

Purchase Price: $0.05 per FT share

Number of Placee:                     6  Placees

Insider / Pro Group Participation:

Placees

# of Placee (s)

Aggregate # of Shares




Aggregate Existing Insider

Involvement:

Aggregate Existing Pro Group Involvement:

1

N/A

3,000,000

N/A





Aggregate Cash Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finder's Fee:

25,900

N/A

N/A


Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company issued a news release on July 31, 2023 announcing the closing of the private placement.

________________________________________

STELMINE CANADA LTD. ("STH ")
BULLETIN TYPE:  Non-Brokered Private Placement
BULLETIN DATE: August 10, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement (the "Private Placement"):

Number of Securities:                 2,400,000 flow-through common shares

Purchase Price: $0.18 per flow-through common share

Number of Placees:                    1 Placee

Insider / ProGroup Participation: None

Finder's Fee:                               None

The Company has confirmed the closing of the Private Placement in news releases dated June 27, 2023 and July 18, 2023 .

STELMINE CANADA LTD. ( « STH »)
TYPE DE BULLETIN : Placement privé sans l'entremise d'un courtier
DATE DU BULLETIN : Le 10 août 2023
Société du groupe 2 de TSX Croissance

Bourse de Croissance TSX a accepté le dépôt de la documentation de la société en vertu d'un placement privé sans l'entremise d'un courtier (le « placement privé ») :

Nombre d'actions :                     2 400 000 actions accréditives ordinaires

Prix :                                           0,18 $ par action accréditive ordinaire

Nombre de souscripteurs :         1 souscripteur

Participation d'initiés / Groupe Pro : Aucune

Honoraire d'intermédiation :       Aucun

La société a confirmé la clôture du placement privé dans des communiqués de presse datés du 27 juillet 2023 et 18 juillet 2023.

________________________________________

STRIA LITHIUM INC. ("SRA")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 10 , 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation relating to two option agreements between Stria Lithium Inc. (the "Company") and two arm's length parties to the issuer (the "Vendors"), in connection with the acquisition of 100% interest in 2 mineral properties in the Eeyou Istchee James Bay Territory of Québec, Canada .

CONSIDERATION

CASH  ( $)

SECURITIES

WORK EXPENDITURES


Year 1

$125,000

500,000 common shares

None


Year 2

$312,500

1,875,000 common shares

$92,000



For further details, please refer to the Company's news release dated May 2, 2023

________________________________________

TEMBO GOLD CORP. ("TEM ")
BULLETIN TYPE:  Remain Halted
BULLETIN DATE: August 10, 2023
TSX Venture Tier 1 Company

Further to the TSX Venture Exchange ('TSXV') Bulletin dated Aug. 02, 2023 , trading in the shares of the Company will remain halted, Pending Receipt and review of acceptable documentation regarding the Fundamental Acquisition pursuant to Section 5.6(d) of Exchange Policy 5.3

This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada , the Market Regulator of the Exchange, pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

SOURCE TSX Venture Exchange

Cision View original content: https://www.newswire.ca/en/releases/archive/August2023/10/c1324.html

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Alianza Minerals Moves Ahead with New Focus on High Grade Silver Projects

Alianza Minerals Moves Ahead with New Focus on High Grade Silver Projects

(TheNewswire)

Alianza Minerals Ltd

• Rebranding to Silver North Resources Ltd.

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Alianza Minerals Receives Funds from Property Payments and Announces Completion of Early Warrant Exercise Incentive Program

Alianza Minerals Receives Funds from Property Payments and Announces Completion of Early Warrant Exercise Incentive Program

(TheNewswire)

Alianza Minerals Ltd

Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) wishes to announce that during the current quarter, the Company received in excess of $240,000 from its partners for property payments, a reclamation bond refund as well as from the early warrant incentive program (the "Warrant Incentive Program") as described in its press releases dated February 8, 2023 and February 13, 2023

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Alianza Minerals Receives Lease Extension for Klondike Property, Colorado; Clarifies Warrant Expiry Dates

Alianza Minerals Receives Lease Extension for Klondike Property, Colorado; Clarifies Warrant Expiry Dates

(TheNewswire)

Alianza Minerals Ltd

Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) is pleased to announce that the Colorado State Board of Land Commissioners has approved the extension of a State Lease at the Klondike Property, for an additional four (4) years. The term of this Lease will expire on February 1, 2027. This Lease provides for the exclusive right to conduct mineral exploration on the 6,400-acre (2,590 Ha) parcel included within the existing Klondike Property

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Alianza's SW Copper Alliance Retains 100% of Klondike Copper Property, Colorado

Alianza's SW Copper Alliance Retains 100% of Klondike Copper Property, Colorado

(TheNewswire)

Alianza Minerals Ltd

Vancouver, BC TheNewswire - February 3, 2023 - Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) announces that it received notice from option partner, Allied Copper Corp. ("Allied"), that Allied is terminating its optio n on the Klondike Copper Property in southwest Colorado, effective February 2, 2023.

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Alianza Minerals Outlines Drilling Plans for 2023 at Haldane Silver Property, YT

Alianza Minerals Outlines Drilling Plans for 2023 at Haldane Silver Property, YT

(TheNewswire)

Alianza Minerals Ltd

Vancouver, BC TheNewswire - January 30, 2023 - Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) ( OTC:TARSF) is pleased to provide an outline of drilling and other exploration activities planned for the Haldane silver project in the historic Keno District, Yukon Territory. Work will include airborne electromagnetic and magnetics surveys and drilling at the high grade West Fault silver discovery and the emerging Bighorn silver target.

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Sylla Gold Amends Share Purchase Agreement to Acquire District Scale Land Package in Namibian Gold Belt

Sylla Gold Amends Share Purchase Agreement to Acquire District Scale Land Package in Namibian Gold Belt

Sylla Gold Corp. (TSXV: SYG) ("Sylla" or the "Company") announces that it has amended the share purchase agreement (the "Agreement") with Namibia Critical Metals. ("NMI") to acquire four gold properties located in Namibia as announced on March 4, 2024. Under the agreement, Sylla is to acquire NMI's 95% interest in its Namibian subsidiaries that own the rights, title and interest to the Grootfontein, Erongo, Otjiwarongo, and Kaoko licences, (Figure 1) and certain associated assets.

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[Video Enhanced} Prismo Metals raises money, targets 5,000 meter drill program in the heart of Arizona's Copper Belt

[Video Enhanced} Prismo Metals raises money, targets 5,000 meter drill program in the heart of Arizona's Copper Belt

(TheNewswire)

Prismo Metals Inc.

Vancouver, BC TheNewswire - June 13, 2024  Global Stocks News On June 11, 2024 Prismo Metals (CSE: PRIZ) (OTCQB: PMOMF) updated the market with three significant announcements .

1. The company has received commitments for a $1.1 million private placement of units at a price of $0.17 per unit.

2. At its Hot Breccia Copper Project (Arizona ), a drilling permit is expected this month.  The upcoming exploration program will focus on diamond drilling five holes with an expected depth of 1,000 metres each .

3. At its Palos Verdes Silver Project (Mexico), there is a plan for a two-phase, 10-hole 3,600- meter drill program .

Prismo Metals is a base and precious metals company strategically positioned to benefit from the global transition to green energy (copper & silver) and the dedollarization of international currencies (gold).


Click Image To View Full Size

1. Non-Brokered Private Placement

Prismo received commitments for 6,500,000 units @ $0.17 per Unit for gross proceeds of $1,105,000 expected to be finalized on or around June 18, 2024.

Each Unit comes with a half-warrant.  Each whole warrant entitles the holder to purchase one common share or Prismo for two years @ $0.25.

"We are pleased to welcome several new incoming shareholders who will be participating in the Private Placement ," stated Steve Robertson, President of Prismo Metals .

2. Hot Breccia Copper Project

The Hot Breccia property consists of 1,420 hectares, 227 contiguous mining claims located in the world class Arizona Copper Belt between several very well-understood world-class copper mines including Morenci, Ray and Resolution .

"At the Hot Breccia property, we're out in the desert and there's not a lot around except mines and mining towns," Alain Lambert, Prismo CEO told Guy Bennett, CEO of Global Stocks News (GSN). "The two towns in the area, Hayden (pop. 500) and Winkelman (pop. 290) are steeped in the history of Arizona mining. It's a mining friendly community with an experienced workforce."

" The anticipated exploration program at Hot Breccia will focus on diamond drilling five holes with an expected depth of 1,000 metres each , for a program total of 5,000 metres ," state Robertson in the June 11, 2024 press release. "We will soon be drilling a very exciting copper target, located in a favorable jurisdiction."

The Christmas project 4 kilometers north, is a model for Hot Breccia mineralization. It is associated with intermediate intrusive rocks into favorable sedimentary rocks. There are historic drill holes from 70's and early 80's on and near the property.

"The Christmas Mine started production before World War One and operated until 1982, with a small smelter on the property," Robertson told GSN. "It produced 25 million tonnes of 1.5% copper.  Christmas is a good indicator of the type of mineralization we are searching for at Hot Breccia."


Click Image To View Full Size

When investors hear "copper" they typically think "Chile" "Australia" or "Peru", but Arizona, USA is a major copper producer.

"If Arizona were a country, it would be the seventh largest producer of copper in the entire world," states the Arizona Mining Association .

There are 10 major copper mines in production in Arizona.  About 75% of US copper output comes from The Grand Canyon State.

According to the 2023 Fraser Institute Mining Survey , Arizona is the 7 th best mining jurisdiction on the global investment attractiveness index , which takes into account the impact of both policy factors and mineral endowment .

Chile, by contrast, ranks 60 th on the global investment attractiveness index.


Click Image To View Full Size

The Arizona Copper Belt has attracted some big mining companies.

Freeport-McMoRan (NYSE: FCX) – a $70 billion global resource company headquartered in Arizona operates the Morenci Mine which employs 3,760 workers, with a direct economic impact to the state of $691 million .

The Morenci Mine is a porphyry copper deposit that has oxide, primary and secondary sulfide mineralization.

Prismo's project, Hot Breccia shows many features in common with the neighboring systems of Morenci , Ray and Resolution .

On March 4, 2024 Prismo announced that it is engaging Exploration Technologies from San Diego, California to apply xFlare, their Artificial Intelligence (AI)-Optimized drill planning solution, to the Hot Breccia Project where a number of features suggests well mineralized Arizona-style Copper Porphyry lies at depth.

Prismo ran a ZTEM survey last year that identified a large conductive anomaly directly beneath the breccia outcrops.  Prismo expects xFlare's AI technology to zero in on where and at what depth to drill.

"ZTEM gives you a clear window into what's going on at depth," Robertson told GSN. "It's also an economic filter.  Small, mildly conductive zones are not going to show up. That's good for us. We're looking for big anomalies."


Click Image To View Full Size

3. At Palos Verdes Silver Project (Mexico), a plan for a two-phase, 10-hole 3,600- meter drill program .

The planned drill holes at Palos Verdes will be drilled from Vizsla Silver Corp (TSXV: VZLA) concessions, adjacent to the Palos Verdes concession and will target the Palos Verdes vein at depth," states PRIZ in the June 11, 2024 PR.

The project is located in the historic Pánuco-Copala silver-gold district in southern Sinaloa, Mexico, approximately 65 kilometers NE of Mazatlán, Sinaloa, in the Municipality of Concordia.

The Palos Verdes concession (claim) covers 700 meters of strike length of the Palos Verdes vein.  The mineralization is open in all directions and the currently planned drilling program is designed to follow it along strike and to depth.

" Immediately following closing of the Private Placement, we will mobilize our drilling crew at our Palos Verdes for our next phase of drilling," stated Craig Gibson, Prismo Co-Founder and Chief Exploration Officer, " These holes will target the Palos Verdes vein at depth."

The Company completed its third drill campaign last year with 2,923 meters drilled in 15 holes with high grade mineralization encountered in several holes.

Assays included hole PV-23-25 with 102 g/t gold , 3,100 g/t silver and 0.26% zinc over 0.5 meters, or 11,520 g/t silver equivalent.


Click Image To View Full Size

Prismo Metals recently gave a presentation at the Deutsche Goldmesse conference in Germany, hosted by Soar Financial Partners.

"The Arizona Copper Belt is one of the most productive copper belts on the face of the planet," Robertson told the conference attendees in Frankfurt. "We're surrounded by world class deposits."

"One hundred kilometers to the east of our property, is Morenci which has a 75-billion-pound copper endowment," continued Robertson, "Forty kilometers to the north is Resolution which has 1.6 billion tons of 1.6% Copper. Morenci and Resolution are important to the thesis driving our exploration objectives at Hot Breccia."


Click Image To View Full Size

The global industrial shift towards renewable energy, electric vehicles, and the burgeoning AI sector has boosted copper's demand outlook.

"Copper is the most compelling trade I have ever seen in my 30-plus years of doing this," stated Carlyle chief strategy officer, Jeff Currie . The price of copper has risen 20% in 2024.  Currie expects it to reach $15,000 a ton in the next couple of years, about a 45% gain.

"S&P Global forecasts that copper demand will double, reaching 50 million metric tons by 2035," reports Euro News on May 15, 2024 . "The most significant demands are expected to emanate from the US, China, Europe, and India."

Prismo's Hot Breccia Copper Project in Arizona is designed meet future copper demand.

Disclaimer: Prismo Metals paid GSN CND $1,500 for the research, creation and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com

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Freegold Announces Positive Metallurgical Results from Golden Summit

Freegold Announces Positive Metallurgical Results from Golden Summit

  • An average gold recovery of 77% from eight composites using conventional processing techniques – gravity and CIL (carbon-in-leach)
  • 97% using gravity + flotation.
  • A flowsheet of gravity-flotation-CIL on reground concentrate yields 72% gold recovery along with a high mass desulfurized tailings stream
  • Further optimization studies are underway.

 Freegold Ventures Limited (TSX: FVL) (OCTQX: FGOVF) ("Freegold" or the "Company") is pleased to announce positive results based on the initial metallurgical test work completed from the 2020 2022 drill program. The program's objectives were:

Freegold Ventures Limited (CNW Group/Freegold Ventures Limited)

  • Determination of gold recovery and gold deportment to products using standard and commercially employed mineral processing unit operations
  • Initial environmental assessment of process tailing stream(s)
  • Characterization of gold losses to focus ongoing metallurgical programs to optimize the flowsheet design.

Eight drill core composites representing various locations and grades within the Dolphin/Cleary areas were generated using continuous drill intervals selected to represent potential mill feed. ( See map below for hole locations. ) The drill hole and interval selections encompassed the three primary gold-hosting lithologies. Results demonstrate that a significant portion of the mineralization is non-refractory and amenable to conventional processing techniques. The composites were prepared using laboratory assay rejects of fresh rock intervals well below the existing oxide cap at Golden Summit. The eight drill hole composites used 1,192m of drill intercepts representing 587 continuous mineralized intervals with over 5,100kg of material.  Results from individual holes demonstrate recoveries up to 87.5%.  The average recovery from the eight composites was 77% using gravity and CIL. Recoveries increased to an average of 97.5% where gravity + flotation were utilized. Environmental characterization using standard ABA protocols gave a NP:AP ratio of 85:1 on the flotation tailings stream, which would classify them as non-acid generating.

Metallurgical Composite Hole Results

DDH no.

from m

to m

geochem

test calc grade

gold recovery %






grav/flot/regr CIL

grav/CIL

gravity

grav+flot




Au g/t

Au g/t














GS2201

441.1

648.3

1.44

1.06

88.2

87.1

45.0

99.2










GS2203

287.8

478

2.13

2.24

75.1

77.2

48.2

97.6










GS2206

383.1

586.1

1.17

1.02

80.2

87.5

42.7

97.3










GS2207

261.9

468.7

1.35

1.78

60.1

70.2

37.8

98.1










GS2208

266.3

367.2

1.33

1.48

48.1

53.3

25.3

97.5










GS2209

419

544.5

1.26

1.54

73.6

81.2

50.7

97.0










GS2168

352.7

479.5

0.75

0.83

63.7

73.2

31.1

94.3










GS2167

396.3

428

2.15

1.01

71.7

69.2

49.5

96.3










overall predicted grade

1.43















overall calc grade/recovery from test work


1.43

72

77

42

97

The drilling success at Golden Summit since 2020 has been truly remarkable. It has significantly increased the resource and enhanced the project's potential. These positive metallurgical results further solidify Golden Summit's potential. The current pit-constrained resource at Golden Summit hosts both an oxide and a primary resource. The oxide resource is contained within the top 70% metres. Previous column testwork on the oxide material demonstrated that heap leach gold recoveries of 85% can be achieved within two weeks.

Pit Constrained OXIDE Resource using $1,792 Gold

Cutoff Au g/t

Category

Tonnes

Au g/t

Au Ounces

0.15

Indicated

52,030,000

0.39

657,000

0.15

Inferred

18,187,000

0.47

272,000

(approximately top 70 metres)

Pit Constrained PRIMARY Resource using $1,792 Gold: ( February 2023 )

Cutoff Au g/t

Category

Tonnes

Au g/t

Au Ounces

0.45

Indicated

407,544,000

0.92

12,011,000

0.45

Inferred

282,303,000

0.85

7,736,000

Following the February 2023 resource update, Freegold conducted an additional 22,000 meters of drilling in 37 holes within the resource area. A significant increase in visible gold was observed in the drill core compared to previous programs, particularly in the western part of the resource.  An updated mineral resource report based on the 2023 drilling is expected later this month. The success of the 2023 drilling program has set the stage for an even more exciting 2024 program. The upcoming phase will focus on optimization, testing the 2km gold-in-soil geochemical anomaly to the west, drilling large diameter (PQ) holes to guide further and optimize metallurgical recoveries, and modelling before economic studies commence. Freegold has postponed the economic studies to investigate the potential for higher grades in the western extension and to conduct additional metallurgical test work, as both could significantly impact the project's economics. The primary areas of focus in the next phase of metallurgical test work are:

  • Comminution studies using half PQ core
  • Flotation concentrate oxidation pre-treatment prior to CIL

Map Showing Location of Metallurgical Composite Holes and 2024 Drilling

https://freegoldventures.com/site/assets/files/6287/goldensummit_dolphin-cleary_resource_drilling_western_a.jpg

The Qualified Person for this release is Alvin Jackson , P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited

Freegold is a TSX-listed company focused on exploration in Alaska . It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2023 , filed under Freegold's profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect on Freegold's business, results of operations, and financial condition.

SOURCE Freegold Ventures Limited

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NV Gold Announces Amended Triple T Property Lease Agreement

NV Gold Announces Amended Triple T Property Lease Agreement

NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") announces that the Company has reached an agreement (the "Amendment") to amend the terms of the exploration and mining lease agreement dated June 21, 2021 between the Company's wholly-owned subsidiary, NV Gold Corporation (USA), Inc. ("NV Gold USA") and the owners of the Triple T property, pursuant to which the Company has the exclusive right to explore on and evaluate the Triple T Property in Pershing County, Nevada (the "Agreement"). Pursuant to the Amendment, the Company has agreed to issue an aggregate of 100,000 common shares of the Company (the "Payment Shares") at a price of C$0.30 per Payment Share to settle an annual payment of US$30,000 payable by NV Gold USA under the Agreement

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Stonegate Capital Partners Updates Coverage on Steppe Gold Ltd.  Q1 2024

Stonegate Capital Partners Updates Coverage on Steppe Gold Ltd. Q1 2024

Steppe Gold Ltd. (TSX: STGO): Stonegate Capital Partners Updates Coverage on Steppe Gold Ltd. (TSX: STGO).

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Boroo Gold acquisition expected to be approved in June of 2024
  • Tres Cruces sale expected to close in 3Q24
  • First tranche of Phase 2 Expansion funding is drawn to order long lead items and fund early construction

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RUA GOLD announces commencement of trading on OTCQB Market in the United States.

RUA GOLD announces commencement of trading on OTCQB Market in the United States.

Rua Gold Inc. (CSE: RUA) (OTC: NZAUF) (WKN: A4010V) ("Rua Gold" or the "Company") is pleased to announce that its common shares have commenced trading on the OTCQB Venture Market (the "OTCQB") under the symbol "NZAUF." The Company's common shares will continue to trade on the Canadian Securities Exchange (the "CSE") under the symbol "RUA" and the Frankfurt Stock Exchange under the symbol "A4010V".

RUAGOLD Logo (CNW Group/Rua Gold Inc.)

The Company expects that the posting of its common shares on the OTCQB, a well-known U.S. securities trading platform, will provide greater visibility and convenience of trading for U.S. investors, resulting in enhanced liquidity and greater reach. The Company's common shares are also eligible for book-entry and depository services of the Depository Trust Company ("DTC"), to facilitate electronic clearing and settlement of transfers of its common shares in the United States . This electronic method of clearing securities accelerates the settlement process for investors and brokers, enabling the common shares to be traded over a more comprehensive selection of brokerage firms by being DTC eligible. DTC eligibility will help enhance the Company's potential investor base and offer a more convenient trading experience for current and future shareholders.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com

"With the commencement of trading on the OTCQB, U.S. investors will have the same ease of access as Canadian and European investors through our CSE and Frankfurt listings," said Robert Eckford , CEO of Rua Gold . "We are focused on executing on our exploration program and look forward to sharing our story with a broader investor group."

More information can be found at the Company's website: www.ruagold.com .

About Rua Gold

Rua Gold (CSE: RUA, OTC: NZAUF, WKN: A4010V) is a new entrant to the mining industry, specializing in gold exploration and discovery in New Zealand . With permits that have a rich history dating back to the gold rush in the late 1800's, Rua Gold combines traditional prospecting practices with modern technologies to uncover and capitalize on valuable gold deposits.

The Company is committed to responsible and sustainable exploration, which is evident in its professional planning and execution. The Company aims to minimize its environmental impact and to execute on its projects with key stakeholders in mind. Rua Gold has a highly skilled team of New Zealand professionals who possess extensive knowledge and experience in geology, geochemistry, and geophysical exploration technology.

For further information, please refer to the Company's disclosure record on SEDAR+ at www.sedarplus.ca .

Website: www.RUAGOLD.com

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding the Company's strategies, expectations, planned operations or future actions, and the results of posting of its shares on the OTCQB. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia - Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavourable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's annual information form dated April 19, 2024 , filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE Rua Gold Inc.

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