Author: News Room

MONTREAL, July 03, 2024 (GLOBE NEWSWIRE) —  Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce that it has completed commissioning of its electrical line and begun powering its Zgounder Silver Mine in the Kingdom of Morocco with renewable energy. On June 30, the 93km, 60kV power line was commissioned and powered: The departure and arrival substations have also been commissioned and energized.The line is connected to the Office National de L’Électricité et de l’Eau Potable (ONEE) high-voltage national electricity grid. The new power line is expected to provide a low-cost, predictable…

TORONTO, July 03, 2024 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) today provides an update on underground exploration activities at the Company’s wholly-owned Eagle River Mine (“Eagle River”) near Wawa, Ontario. Highlights 6 Central Zone (Figure 1, Table 1)1,2Drilling has extended the high grade zone 150 metres to the east, adjacent to existing infrastructure: Hole 758-E-456: 71.7g/t Au over 3.3 m core length (58.2g/t Au capped, 2.8 m true width) Including 233.6 g/t Au uncut over 0.5 m core lengthIncluding 144.5 g/t Au uncut over 0.4 m core length Hole 758-E-463: 93.7g/t Au over…

VANCOUVER, British Columbia, July 03, 2024 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) today announces second quarter production results and provides a commissioning update at the Company’s Premier Gold Mine (“Premier”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Initial commissioning material was introduced into the grinding circuit of the mill on March 31, 2024, initial commissioning ore started to be processed on April 8, 2024, and first gold was poured on April 20, 2024. During the remainder of the quarter, the Company continued commissioning the…

MONTREAL, July 03, 2024 (GLOBE NEWSWIRE) — A diverse consortium, combining expertise from McGill University, the Quebec government and private industry, has made significant headway in the development of a novel new drug that could alleviate insomnia and neuropathic pain. These advances were made possible thanks to a $658,422 grant from the Quebec government (MEIE) awarded by the Consortium Québécois sur la Découverte du Médicament (CQDM), a $453,125 grant from Brain Canada and a combined grant from Quebec-based Delmar Chemicals (now Minakem Montréal) and a public institution (CIHR) amounting to a total of $1.6 million for the research. (more information…

TORONTO, July 03, 2024 (GLOBE NEWSWIRE) — Doré Copper Mining Corp. (the “Company” or “Doré Copper”) (TSXV: DCMC; OTCQB: DRCMF; FRA: DCM) is pleased to announce it has entered into an agreement with SOQUEM to acquire a 56.41% interest in a group of contiguous claims (the “Claim Group”) located immediately north and east of its flagship high-grade Corner Bay copper project in the Chibougamau mining camp, approximately 55 kilometers by road from Chibougamau, Québec. The Claim Group totals 17 claims covering an area of 446 ha within Dore Copper’s 100% owned Corner Bay-Devlin Property (5,446 ha) (Figure 1). The Claim…

TORONTO, July 03, 2024 (GLOBE NEWSWIRE) — Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Neolit Minerals Participações Ltda (“Neolit”), has entered into an option agreement (the “Agreement”) with K2 Mineração e Exportação EIRELI, Super Clássico Comércio, Importação e Exportação Ltda. and Minerales Empreendimentos, Mineração e Participações Ltda. to acquire up to a 90% interest in select properties located in Itinga, within the Curralinho Pegmatite Field of the Araçuaí Pegmatite District, Minas Gerais, Brazil (the “Transaction”). Transaction Details: The Agreement grants Neolit the option to acquire…

Dublin, July 03, 2024 (GLOBE NEWSWIRE) — The “US Digital Grocery 2024: On Pace to Become the Largest Ecommerce Category” report has been added to ResearchAndMarkets.com’s offering. Grocery is set to become the largest US ecommerce category by 2026. Digital grocery wasn’t just a pandemic-era flash in the pan. Consumers have made a permanent shift to purchasing essential goods online, which will make grocery the largest ecommerce category in the US by 2026. Key Question: What’s driving digital grocery’s long-term growth?Key Stat: Digital grocery sales will account for 19.0% of US ecommerce sales in 2026, surpassing apparel and accessories as…

GRAND RAPIDS, Mich., July 03, 2024 (GLOBE NEWSWIRE) — Blackford Capital (“Blackford”), a leading lower middle market private equity firm, announced today the acquisition of Industrial Molding Corporation (“IMC”), an injection molded plastic products manufacturer and subsidiary of NN, Inc. (NASDAQ: NNBR), as the first add-on acquisition for its portfolio company, Davalor Mold Company, LLC (“Davalor”). IMC is an independently run subsidiary of global precision metal manufacturer NN, Inc. Founded in 1947, IMC is a leading manufacturer of precision-engineered injection molded industrial components with international blue chip customers in a wide variety of end markets. The Lubbock, Texas-based manufacturer has…

VANCOUVER, British Columbia, July 03, 2024 (GLOBE NEWSWIRE) — via IBN – Torr Metals Inc. (“Torr” or the “Company”) (TSX-V: TMET.V) is pleased to announce the Government of Ontario has granted a three-year exploration permit (the “Permit) allowing for drilling on the Company’s 100% owned 261km2 Filion Gold Project. The Project is ideally situated adjacent to excellent infrastructure with direct road access from the Trans-Canada Highway 11, paralleled by the regional railway and provincial power grid, as well as the nearby town of Kapuskasing located ~30 km to the southeast (Figure 1). Malcolm Dorsey, President and CEO, commented, “The granting of…

Senator Rosen announced a $21 million investment in the Nevada Tech Hub program, one of several Tech Hubs across the country developed to scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of the lithium industry within Nevada.Dragonfly Energy was selected to host the milestone event and serves as an example of the technological innovation happening in Nevada.Through a tour, Dragonfly Energy demonstrated to Secretary Raimondo and Senator Rosen how it is leading the charge for Nevada’s expanding lithium industry through its robust battery technology and…