Highlights TONOGOLD enters in binding share purchase agreement to acquire 100% of the issued shares of JAG Minerals Pty Ltd which has a 100% interest in JAG Minerals USA Inc. Acquisition includes 3 Projects located in West-Central USA known for historic production of uranium/vanadium. On closing of the acquisition TONOGOLD will change its name to Uranium American Resources, Inc WOODLAND HILLS, CA / ACCESSWIRE / September 3, 2024 / TONOGOLD Resources Inc. (OTC PINK:TNGL) ("TONOGOLD" or the "Company" is pleased to inform shareholders that it has entered into a binding share purchase agreement to acquire 100% of the issued shares of JAG Minerals Pty Ltd which has a 100% interest in JAG Minerals USA Inc. ("JAG US").
Dorchester's Q2 2024 oil sales volumes rebounded by 7% from Q1 2024. Dorchester's distribution for Q2 2024 ended up at slightly over $0.70 per unit. Its Q3 and Q4 distributions should average around $0.70 per unit as well, assuming similar sales volumes and based on the current strip.
Cordoba Minerals Corp (TSX-V:CDB, OTCQB:CDBMF) received approval for the Mining Technical Work Plan for its Alacran copper-gold-silver project in Colombia. The approval, granted on August 27, marks a significant milestone towards the construction of the mine, which is expected to begin in the second quarter of 2025.
4.68 meters of 1.29 g/t Au including 0.18 meters of 12.5 g/t Au TUCSON, AZ / ACCESSWIRE / August 29, 2024 / Western Alaska Minerals (the "Company" or "WAM") (TSXV:WAM) is pleased to announce initial gold assay results from their first ever drilling at the Warm Springs target on the Illinois Creek project in western Alaska. Highlights: Two gold zones intercepted in drill hole IC24-0004: 1.29 g/t Au over 4.68 meters within massive pyrite, including: 12.5 g/t Au and 0.9% Cu over 0.18 meters 2.13 g/t Au over 2.96 meters, including: 5.57 g/t Au over 1.01 meters Discovery of a new and separate mineralized structure parallel to the Illinois Creek Fault, opening the potential of a new "spoke" to the system.
ST. JOHN'S, NL / ACCESSWIRE / August 22, 2024 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to announce that a diamond drill rig has been mobilized to the Fleur de Lys Property, with drilling to commence immediately. The 2,000-m, Phase 1 program will test historical showings and targets generated by Sokoman's 2021-2024 till / prospecting programs, including the Golden Bull prospect discovered in 2023.
Energy royalty trusts offer high-yield income on crude oil, natural gas and natural gas liquids. Dorchester Minerals, L.P. operates similarly to energy trusts, collecting royalties and paying out 100% of net income to unit holders. DMLP's earnings are tied to oil, natural gas and LNG prices, with a recent distribution at $.7818, offering a forward yield of ~9%.
VANCOUVER, BC / ACCESSWIRE / August 15, 2024 / Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company" or "Stillwater") is collaborating with Lawrence Berkeley National Laboratory ("Berkeley Lab"), with funding from the U.S. Department of Energy ("DOE") via the Advanced Research Projects Agency program ("ARPA-E"), to study the potential for geologic hydrogen production at its flagship Stillwater West Ni-PGE-Cu-Co + Au project in Montana. Funding in the amount of U.S. $2 million has been secured by Berkeley Lab to advance the "Cyclic Injection for Commercial Seismic-Safe Geologic H2 Production (CyclicGeoH2)" project, led by Berkeley Lab Research Scientist Dr. Mengsu Hu in collaboration with the University of California at Berkeley and the University of Texas at Austin.
Jacksboro, Texas, August 14, 2024 – Formation Minerals, Inc. (OTCQB: FOMI) (“Formation” or the “Company”), a growing oil and gas company with a focus on the acquisition and management of oil and gas minerals and royalties, today provided its fiscal year-end stockholder update.
"The Critical Minerals and ZEO Company" THOMPSON FALLS, MT / ACCESSWIRE / August 13, 2024 / United States Antimony Corporation ("USAC", or the "Company"), (NYSE:UAMY) announced today the execution of a definitive agreement to acquire a 100% ownership interest (subject to a 2.5% net smelter royalty) in ninety-seven (97) mining claims and three (3) mining leases located in the Sudbury District of Ontario, Canada. The property covering approximately 1,741 hectares (4,300 acres or 6.7 square miles) is located on Provincial lands in Ontario, Canada.
BSM is a high free cash flow royalty-driven MLP with no debt, offering a 10.5% yield and potential upside with improved natural gas prices. The company's business model involves collecting royalty payments on revenue from producers operating on their acreage. BSM offers solid coverage of their distribution and potential for buybacks or acquisitions, making it a bargain investment opportunity.
Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF) announced that it plans to kick off an initial 2,000-meter scout drilling at the Alouana copper-gold-polymetallic project in Morocco following promising infill soil geochemical sampling results. The right to acquire the project is held by Royal Road Arabia (RRA) a 50%-50% Saudi Arabian joint venture between the company and investment holding firm MIDU Company.
Cordoba Minerals Corp (TSX-V:CDB, OTCQB:CDBMF) said it has awarded several key engineering contracts for its Alacran project in Colombia. The company has signed a US$15.8 million contract with JCHX Mining Management (JCHX) for the detailed engineering design and procurement of the processing and on-site facilities at Alacran.