Author: Alexander Lee

Toronto, Ontario–(August 23, 2024) – A mining exploration company based in Toronto is pleased to announce its intention to conduct a non-brokered private placement of units for gross proceeds of up to $130,750. The issuance of 8,716,667 units priced at $0.015 each will comprise one common share and one half of one common share purchase warrant. Each whole warrant can be exercised to purchase one common share of the company within 24 months at a price of $0.05. The common shares and warrants will be subject to a four-month hold period. The net proceeds from the offering will be allocated…

As the world grapples with the twin crises of climate change and energy security, a surprising contender is emerging as a vital component of the global clean energy mix—nuclear power. Once relegated to the background amid the rise of renewable energy sources like solar and wind, nuclear energy is now experiencing a resurgence in interest. This renewed focus on nuclear power is sparking a global uranium boom, and Canada’s junior mining sector is well-positioned to capitalize on this trend. In this article, we’ll explore the factors driving the uranium market’s resurgence, why nuclear energy is making a comeback, and how…

Quimbaya Gold is a junior gold miner headquartered in Colombia, with operations in the country. The company is strategically positioned to potentially make a significant discovery that could result in substantial growth in its stock price over the next few years. Benefiting from its key projects in northeast Antioquia and Antioquia’s Low Magdalena Region, Quimbaya Gold stands to gain leverage from the rising prices of gold. The company’s Tahami Project and Berrio Project are in prime locations for gold exploration and development. For more detailed information on Quimbaya Gold’s potential, interested individuals can access a full story by following the…

The Canadian energy sector has shown steady growth since the post-pandemic period, with the energy index rising by 18% since the beginning of the year. However, some investors believe that the bullish market phase may be coming to an end due to increasing uncertainty in the industry. Despite these concerns, there are two energy companies that investors can consider in August 2024. One of these companies is an upstream energy company, Canadian Natural Resources, which is one of the largest oil and gas producers in Canada and North America. With significant reserves and low-cost production, Canadian Natural Resources is well-positioned…

BCAL has initiated operations in the United States, expanding its presence into the American market.

On August 28, 2024, Cascada Silver Corp. announced the commencement of drilling activities at its Mina Guanaca Copper Property, situated 110 kilometers northeast of the City of Copiapó, Region III, Chile. Cascada holds an option to acquire a 100% interest in Mina Guanaca. Carl Hansen, the CEO of Cascada, expressed enthusiasm for the drilling program, which aims to test the down dip extension of copper oxide mineralization and an induced polarization chargeability low potentially associated with copper porphyry mineralization. Three drill holes ranging from 250 to 300 meters have been strategically planned for the initial phase, with additional drilling contingent…

The Vancouver-based Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) announced positive results from 12 vertical, reverse circulation (RC) holes, with eight drilled in the newly discovered area known as the Wild West Zone (WWZ) at the Atlanta Gold Mine Project. The project spans 5,166 hectares in the Battle Mountain Trend, located 264km northeast of Las Vegas, Nevada. The WWZ target area is estimated to be 150m to 200m wide (east-west) over a minimum 500m north-south strike length (open to the south). This new zone is situated in a previously unmineralized area on the west side of the West Atlanta…

On August 27, 2024, McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) announced the completion of the sale of the Augdome gold property for $572,889 and a 1.0% net smelter returns royalty on any gold produced from the property pursuant to a four-year option agreement with Goldcorp Canada Ltd., a subsidiary of Newmont Corporation. The option agreement was initially disclosed by McLaren on May 14, 2020. McLaren held its interest in the Augdome property through a subsidiary. The Augdome property comprises of 22 patented mineral claims covering approximately 414 hectares on the eastern side of the Dome Mine open pit in…

On August 27, 2024, SLANG Worldwide Inc., a company operating in the cannabis consumer packaged goods (CPG) sector, released its financial results for the three and six months ended June 30, 2024. In this report, all figures are presented in Canadian dollars. John Moynan, the Chief Executive Officer of SLANG, acknowledged the achievements of the previous quarter, highlighting reduced operating expenses, increased wholesale sales in Vermont, and growth in sales of Alchemy Natural CBD gummies. However, he also discussed challenges with competitive headwinds impacting the company’s Core and Emerging Markets, resulting in a decline in sales revenue, gross profit, and…

Toronto, Ontario–(August 23, 2024) – A prominent investor social network dedicated to junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers. Established in 2012, this network, a subsidiary of EarthLabs, Inc., is a popular financial platform in Canada and globally. It caters to millions of visitors annually seeking to connect with investors, share insights, and stay informed about stocks, commodities, and emerging companies. The ‘Inside the Boardroom’ series provides a unique opportunity to learn from industry leaders about their vision, challenges, and strategies. In a recent episode, Anthony Moreau, CEO of American Eagle Gold, discussed…