AM Resources Corporation (TSXV: AMR)’s Post

$EM2 - Eagle Mountain Mining Ltd (ASX:EM2) is pleased to confirm that the Renounceable Entitlement Offer pursuant to the prospectus lodged with ASIC and ASX on 29 January 2024 closed on 15 March 2024. The total amount raised under the Entitlement Offer was $4,180,095 which will enable the Company to: - Undertake field exploration activities at both the Oracle Ridge and Silver Mountain Projects. The field exploration activities will predominantly focus on Silver Mountain following the recent discovery of significant uranium, thorium and rare earths. Refer ASX announcements 29 February 2024 and 13 March 2024. - Undertake a scoping study to assess the technical and financial development for Oracle Ridge. The study will consider a simplified processing flowsheet that avoids smelting and refining beyond the mine gate. - Assess the use of an ambient noise tomography (geophysical) survey at both Silver Mountain and Oracle Ridge projects. Commenting on the results of the Entitlement Offer, Eagle Mountain Mining’s CEO, Tim Mason, said: “The Board and I are very pleased with the strong support received for the entitlement offer. The funds raised will allow us to undertake exciting exploration activities at Silver Mountain, following the recent discoveries of uranium, thorium and rare earths. The discoveries are indicative of a ‘heat engine’ driving mineralisation and alteration evident on surface. In addition, the funds raised will enable a Scoping Study to be completed on the development of Oracle Ridge which is due for completion in the September quarter of 2024. I wish to thank our loyal shareholders who continue to support Eagle Mountains activities. In particular, the Board and I wish to thank Charlie Bass, our Managing Director, who continues to show his unwavering financial support for the Company with the subscription for $1.25 million through the partial underwriting of the offer.” Read more: https://lnkd.in/db8m_KE4 $EM2 #Copper #Gold #EagleMountain #OracleRidge #Arizona Tim Mason Rick Crabb Roger Port

James Bay Minerals (ASX:JBY) Executive Director Andrew Dornan says the program aims to provide vital geological data and help confirm the prospectivity of the project. https://buff.ly/3Vlp8Uq #miningnews #lithium #drilling #canada #asx

Green Critical Minerals Ltd GCM's maiden drilling program in the Georgina Basin reveals promising mineralisation, confirming strategic geological models and paving the way for future exploration. Read More https://lnkd.in/gwiiccKk #GeorginaBasin, #BouliaProject, #DrillingResults, #Mineralisation, #ExplorationStrategy

Nova Lithium Corp. (CSE: NVLI) (OTC Pink: NVLIF) (FSE: YQ1 | WKN: A3DMP6) has entered an option agreement to acquire a 100% interest in the Lara Project, a significant Polymetallic Volcanogenic Massive Sulfide (VMS) deposit, located near Duncan on Vancouver Island, British Columbia. The project spans approximately 1,848 hectares and has a history of extensive exploration in the 1980s, including 311 drill holes and 770 meters of underground work. Nova aims to upgrade the historical resource to a current one using modern exploration techniques. The project is strategically located near other significant mining operations and benefits from today’s high metal prices. To secure the option, Nova will make staged payments totaling $250,000 by February 2026 and pay a 2% net smelter returns royalty upon commercial production, with an option to reduce the royalty to 1% for $2,000,000. Nova also plans to issue 400,000 common shares to Dal Brynelsen for facilitating the acquisition. Jeremy Hanson, P. Geo., has approved the technical content of the announcement. Link to full news release here : https://lnkd.in/gitvviWF #mining #vms #stocks #naturalresources #copper #gold #silver #zinc #metals

Reach Resources Limited CEO Jeremy Bower provides an in-depth exploration update, highlighting several key advancements at the Murchison South Gold Project. Jeremy discusses: 🔹 How the new Blue Heaven model has enhanced understanding of the mineralisation, opening up new exploration zones. 🔹 Insights from the historical data review, revealing immediate drilling targets and resource growth opportunities. 🔹 The updated interpretation of the Primrose Fault and its implications for unlocking further mineralised areas. 🔹 The strategic alignment of open-pit mining options with Reach Resources' broader development objectives. See below for exclusive look into how these developments are shaping Reach Resources' future exploration plans. Sam Wright Straight Lines Consultancy Matthew O'Kane Jonathan King Stewart Walters Holly Walters Riley Maring #GoldExploration #MiningUpdates #ReachResources #Mineralisation #InvestorNews

'Tinka Resources – Exploration With Scale' New article from Metallic Media ✍ ⤵ https://lnkd.in/gNhaDse2 #zinc #tin #silver #Ayawilca #TinkaResources #miningnews #miningandmetals #basemetals #metalsnews

Dreadnought Resources Ltd(ASX:DRE) has announced a shallow, high-grade JORC resource at the historic Star of Mangaroon, featuring 23,300oz of gold at 12.8 g/t. With 84% of the resource in the Indicated category and exceptional gold recoveries of up to 99%, this project lays the groundwork for the company’s self-funded explorer strategy. Managing Director Dean Tuck commented, "High grades, near surface and with exceptionally high metallurgical recoveries make the Star of Mangaroon a strong foundation for our self-funded explorer strategy." This milestone not only reignites one of Gascoyne's most significant historic sites but also paves the way for further discoveries. Highlights: 🥇 Resource size: 56,600t @ 12.8 g/t Au for 23,300oz. 🥇 Recovery: Gravity and CIL processing achieved up to 99% recovery. 🥇 Strategy: Open-pit mining with outsourced development to fuel future exploration. Paul Chapman | Philip Crutchfield | Robert Gee | Jessamyn Lyons | Stewart Walters | Davide Bosio #GoldExploration #MiningInnovation #ASXUpdates #ResourceDevelopment #GascoyneRegion

Today Rob chats with Richard Osmond (P.Geo., ICD.D), CEO of Element 29 Resources Inc., an emerging junior resource company exploring Peru’s vast copper potential, and are focused on exploring and growing its porphyry copper-molybdenum-silver resource deposits. With over 25 years in the mining industry, Richard has worked for leading companies like INCO, Falconbridge, and Anglo American. Now at the helm of Element 29, he shares his journey and insights into developing projects in one of the lowest-cost, lowest-risk mining jurisdictions globally. We discuss: 🔸 Richard’s career journey from geologist to CEO 🔸 The history and focus of Element 29 Resources 🔸 Exploring Peru: opportunities and challenges for miners 🔸 The Elida Project and its potential for tier-one discoveries 🔸 Corporate social responsibility in junior mining 🔸 The future of copper and its critical role in global electrification Tune in: https://lnkd.in/eSiVf8QU and don’t forget to subscribe and share!

Join AMC at the upcoming Responsible Raw Materials 2024 Conference, a free online event where AMC Principal Geologist, Mark Burnett, will share his insights on geological risks in mining projects. The conference aims to explore the challenges and opportunities in the extraction, production, and consumption of raw materials. We'll focus on emerging trends and areas that might be overlooked, misunderstood, or underexplored. With more than 30 years of experience in the mining industry, Mark possesses expertise across the mining value chain - from early-stage exploration and shaft sinking to operational mines, mergers, acquisitions, and asset disposal. Mark represents the PAN EUROPEAN RESERVES AND RESOURCES REPORTING COMMITEE (PERC) on the Committee for Mineral Reserves International Reporting Standards (CRIRSCO). He is also a member of three United Nations Resource Management System (UNRMS) Expert working groups and serves as the Regional Vice President for Europe for the Society of Economic Geologists (SEG). Don't miss out on Mark's invaluable insights at the Responsible Raw Materials conference! Register for the free online conference! 2024 Theme: Critical Choices Date: 29 April - 3 May Location: Online To learn more, click this link: https://lnkd.in/gsEq_tSb   #ResponsibleRawMaterials #RiskManagementMining #Geology #Mining #GeologicalRisk

Eagle Mountain Mining Limited (ASX: EM2) is pleased to provide an update on the Company’s 100% owned Silver Mountain Project in Arizona, USA Commenting on the new field work and next steps, Eagle Mountain Mining’s Managing Director, Charlie Bass, said: “Well before my private company’s assets were vended into the newly formed Eagle Mountain Mining Limited, my consultant Dr Linus Keating mapped and sampled the Silver Dollar area of the Scarlett region at Silver Mountain. He came across some unusual coarse-grained pegmatite dykes that were elevated in uranium and thorium. At the time, we were focussed on copper, gold and silver mineralisation and did not pay much attention to this. As a result of the recent field work, we now recognise the potential significance of previous observations, particularly given uranium can be associated with monzonite and pegmatite, as mapped by Dr Keating in nearby areas. The United States Department of Energy’s website lists uranium as a Near Critical mineral with High Importance to energy now and well into the future (“https://lnkd.in/g2JDzM_2 -minerals”). As such, we will now revisit the uranium potential at the Scarlett Project. With the recent pause in exploration, sampling and mapping at Oracle Ridge, our geology team has had a close look at the previous work conducted at the Scarlett Project and has developed a new model focussed on the unique radioactive pegmatites and granites.” Read more: https://lnkd.in/guvQCbEb $EM2 #Copper #Gold #EagleMountain #OracleRidge #Arizona Tim Mason Rick Crabb Roger Port