News Release
Hot Chili outlines strategic advancements at Costa Fuego in Chile at PDAC 2024
Hot Chili Ltd
Hot Chili Ltd (ASX:HCH, TSX-V:HCH, OTCQX:HHLKF) CEO Christian Easterday tells Proactive's Angela Harmantas that the company is at the forefront of developing the Costa Fuego project, a significant pre-development venture on Chile's coast. Speaking at PDAC 2024, Easterday told Proactive the project boasts several unique features, such as its lower elevation at approximately 800 meters, providing an edge over other operations situated at higher altitudes. With the Pan American highway access, secured water and power rights, and permits for essential infrastructure in place, Costa Fuego is poised for success. A recent milestone was the completion of a preliminary economic assessment last year, followed by an updated resource estimate, boosting the project's indicated resources to just under 800 million tonnes. This update marks a pivotal step towards initiating a pre-feasibility study, reinforcing Hot Chili's commitment to advancing Costa Fuego through meticulous land consolidation and exploration. The strength of the Hot Chili team is undeniable, led by Easterday and supported by a robust board and management team across Chile and Perth. This team's expertise is integral to the project's ongoing development and future success. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
March 18, 2024 01:16 PM Eastern Daylight Time
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News Release
Western Exploration CEO Darcy Marud unveils major find at Aura Project in Nevada - PDAC 2024
Western Exploration Inc
Western Exploration Inc (TSX-V:WEX, OTCQX:WEXPF) CEO Darcy Marud shares insights on the Nevada-focused explorer's journey and its flagship Aura Project with Proactive's Angela Harmantas at PDAC 2024. Celebrating 25 years, Western Exploration transitioned from a private entity to public in 2022, marking a significant phase with the Aura Project in northeastern Nevada. Marud details the groundbreaking high-grade gold and silver findings that have reshaped the company's future, with gold grades reaching up to 257 grams per tonne and silver nearly three kilograms. These results, adjacent to existing resources, signal a promising expansion and potential for the Aura Project. Marud also explains the exploration-driven approach of Western Exploration, the significance of recent drill results and metallurgy studies, and the optimistic outlook despite the need for additional market funding. He also discusses the transformative impact of January's findings on the company and the planned drilling phase set to commence in late June. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
March 18, 2024 01:12 PM Eastern Daylight Time
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News Release
IsoEnergy says strategic merger with Consolidated Uranium marks a pivotal transformation - PDAC 2024
IsoEnergy Limited
IsoEnergy Limited (TSX-V:ISO) president Tim Gabruch, delves into the strategic merger with Consolidated Uranium, marking a pivotal transformation into a global uranium industry contender. In an interview with Proactive's Angela Harmantas at PDAC 2024, Gabruch noted that the partnership not only strengthens IsoEnergy's foothold in the Saskatchewan Athabasca basin, home to the high-grade Hurricane deposit, but also expands its portfolio across the United States, Australia, and Canada, signifying a major leap in uranium exploration and production. With an aggressive $4 million exploration plan in Saskatchewan and projects like the Tony M mine set for reopening, IsoEnergy is at the forefront of addressing the soaring demand for uranium, fueled by global energy security and climate change initiatives. As uranium prices reach a significant milestone, the merger positions IsoEnergy to capitalize on the robust market fundamentals, underscoring the company's commitment to contributing to a sustainable energy future. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
March 18, 2024 01:09 PM Eastern Daylight Time
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News Release
Coniagas Battery Metals showcases commitment to advancing battery technology - PDAC 2024
Coniagas Battery Metals
Coniagas Battery Metals is at the forefront of innovation within the battery metals sector. CEO Frank Basa shares insights into the company's latest venture, showcasing their commitment to advancing battery technology in an interview with Proactive's Angela Harmantas. With a significant investment of $6 million and 17,000 metres of drilling, Coniagas has uncovered a vast unstruck area, demonstrating potential in-ground resources valued between five to $8 billion. This discovery underscores the company's strategic vision for growth and its dedication to delivering value to shareholders through focused ventures in battery metal exploration in Quebec. Basa also reveals the company's 2024 plans, including the anticipated listing and extensive drilling activities aimed at exploring the promising Giroux Property, which they affectionately term the "Holy Grail" of their asset portfolio. The interview also delves into Coniagas's approach to real-time development, encompassing drilling, Tehsil, and the establishment of pilot plants, reinforcing their position as a key player in Quebec's battery metal industry. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
March 18, 2024 01:06 PM Eastern Daylight Time
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News Release
Minaurum Gold CEO unveils Alamos Project's potential in Mexico - PDAC 2024
Minaurum Gold Inc
Minaurum Gold Inc (TSX-V:MGG, OTCQX:MMRGF) CEO Darrell Rader tells Proactive's Angela Harmantas how the company is pioneering the precious metals exploration sector in Mexico. In an exclusive interview at PDAC 2024, Rader discusses the company's flagship Alamos Project. With a unique approach combining exploration with permitting, Minaurum Gold aims to set a new standard in the industry. Rader shares insights into the company's district-scale gold and silver development strategy, emphasizing its significant discoveries and the anticipation of revealing the maiden silver resource this year. The Alamos Project, fully permitted through to production, represents a significant milestone, showcasing over 42,000 metres of drilling and promising initial resources. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
March 18, 2024 01:03 PM Eastern Daylight Time
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News Release
Cassiar Gold makes good progress with BC's premier gold project - PDAC 2024
Cassiar Gold Corp
Cassiar Gold Corp (TSX-V:GLDC, OTCQX:CGLCF), a leading Canadian gold explorer, focuses on its flagship project in Northern British Columbia, spanning 59,000 hectares. Speaking to Proactive's Angela Harmantas at PDAC 2024, CEO Marco Roque said the company has made significant strides in exploration, with a resource update in early 2022 revealing an inferred gold resource of 1.4 million ounces grading 1.14 grams per tonne. The company has drilled nearly 40,000 meters, identifying mineralization in 115 of 117 drill holes, signaling vast expansion and discovery potential despite challenging market conditions. Recent soil surveys and drilling campaigns have uncovered multiple new gold anomalies and expanded the project's known mineralization areas, pointing to an even larger gold system than previously thought. With $5 million in funding and strategic exploration plans, Cassiar Gold aims to continue its momentum, targeting updated mineral resource estimates and further exploration success. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
March 18, 2024 01:00 PM Eastern Daylight Time
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Prismo Metals pioneering copper exploration in Arizona's rich belt - PDAC 2024
Prismo Metals Inc
Prismo Metals Inc (CSE:PRIZ, OTCQB:PMOMF) has embarked on an ambitious journey with promising exploration projects in Arizona and Mexico. In an exclusive interview, Proactive's Angela Hermantis is joined by Prismo Metals chairman Alain Lambert to delve into the company’s strategic initiatives for 2024. Lambert tells Proactive that Prismo Metals is at the forefront with three key projects: two in Mexico aimed at silver and gold, and one pivotal copper project in Arizona. The spotlight shines on the Font Breccia copper prospect in Arizona, a prime location within the renowned copper belt. With a strategic plan to initiate extensive drilling, Prismo Metals is on the verge of potentially uncovering a significant porphyry system. Furthermore, collaborative efforts, notably with Vizsla Silver, highlight the potential of their Palos Verdes silver project in Mexico. With optimism buoyed by stable gold prices and a palpable excitement within the sector, Prismo Metals is poised for a transformational year. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
March 18, 2024 12:58 PM Eastern Daylight Time
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Critical Elements Lithium chair highlights huge potential of Rose Project in Quebec - PDAC 2024
Critical Elements Lithium Corp
Critical Elements Lithium Corp (TSX-V:CRE, OTCQX:CRECF) chair Eric Zaunscherb joins Proactive's Angela Harmantas at PDAC 2024 to discuss the company's advanced Rose Lithium Tantalum Project in Quebec. Zaunscherb said the North American hardrock lithium project stands out with a robust feasibility study revealing a $2.2 billion NPV and a 66% IRR after tax. Despite current market challenges, the project maintains its vigor with strategic exploration updates and a significant focus on project financing, aiming to raise $600 million Canadian. Zaunscherb highlighted the experienced management team's expertise in navigating the lithium market, positioning the Rose Project as a cornerstone in the evolving EV market landscape. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
March 18, 2024 12:55 PM Eastern Daylight Time
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Newcore Gold CEO shares insights on Ghana's district-scale gold project - PDAC 2024
Newcore Gold
Newcore Gold (TSX-V:NCAU, OTCQX:NCAUF) CEO Luke Alexander sheds light on the promising future of the Enchi project in Ghana, Africa's leading gold-producing nation and the sixth largest globally, in an interview with Proactive's Angela Harmantas at PDAC 2024. Alexander said the district-scale exploration project is underpinned by a robust 2021 preliminary economic assessment (PEA), with an update planned for the first half of this year, hinting at an expanded project scope. Ghana's rich history of gold production, boasting 200 million ounces of historical discoveries and hosting some of the world's largest gold producers, like Newmont, provides a competitive yet promising arena for Newcore Gold. The company's strategic location and extensive exploration, including a 95,000-meter drilling campaign over three years and multiple resource updates, are expected to culminate in a compelling 2024 PEA. Amid a strong gold market, Alexander discussed the project's anticipated economic strengths, referring to promising figures from the 2021 PEA—a $100 million capex for 100,000 ounces of annual production and an after-tax NPV of $300 million at an $1,850 gold price. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com
March 18, 2024 12:51 PM Eastern Daylight Time
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