Home Archives - Page 162 of 167

DENVER, CO / ACCESSWIRE / July 8, 2021 / Solitario Zinc Corp. (" Solitario ") (NYSE American:XPL); (TSX:SLR ) is pleased to announce that exploration work has commenced on the Lik zinc project in Alaska. Joint Venture partners Solitario (50%) and Teck American Incorporated (50%), a wholly owned subsidiary of Teck Resources Limited ("Teck"), recently approved a jointly funded budget for the 2021 work program that consists of surface geochemical sampling, induced polarization ("IP") geophysics, and at least 2,000 feet of core drilling to test new exploration concepts and expand resources. Teck is one of the world's largest producers of mined zinc.

The Lik project hosts a potentially open-pitable Indicated Resource of 17.3 million tonnes grading 12.0% zinc equivalent and an additional 2.9 million tonnes of Inferred Resource grading 12.1% zinc-equivalent. Potentially underground mineable mineralization also occurs on the property. The project is situated approximately 14 miles northwest of Teck's operating Red Dog mine, one of the world's largest, highest grade and lowest cost zinc mines.

Chris Herald, President and CEO of Solitario, commented, "This is clearly an exciting new phase in the advancement of the Lik project, including the first exploration drilling program in ten years. It comes at a time of increased zinc demand and elevated zinc prices. The drilling program is focused on expanding the Lik resource in three different areas of the existing deposit, while the surface work targets potential new mineralization on trend to the northeast of the Lik deposit."

To take full advantage of Teck's thirty-five years of successful exploration and operational experience in the world-class Red Dog mining district, Solitario and Teck mutually agreed that Teck will act as project operator for the 2021 program. Geochemical sampling has begun with geophysics expected to begin by mid-July. Core drilling is expected to begin in July/August, pending the receipt of final drill permits. The current-year work will consist of the following components:

Systematic geochemical soil sampling over a 2.5-mile trend to the northeast of the Lik deposit expanding recent favorable results.
A geophysical program will consist of a new IP survey and will augment geologic and geochemical data in recently identified prospective areas on trend with Lik to the northeast. IP geophysics have been demonstrated to be very effective in locating zinc mineralization in the Red Dog District.
Core drilling consisting of at least three holes totaling 2,000 feet (650 meters) will test resource expansion potential in three different parts of the currently defined Lik deposit.

The Lik Zinc-Lead Deposit

The Lik deposit is a large sediment-hosted zinc-lead-silver deposit in the Red Dog mining district. As presently defined, the Lik South deposit has a surface footprint of about 3,600 feet long and about 2,000 feet wide. The Lik South deposit remains open down dip. The Lik North deposit has a surface footprint of about 2,300 feet long and about 1,150 feet wide. The Lik North deposit remains open down-dip and to the north. A total of 125,300 feet of drilling in 229 holes has been completed on the Lik property to date.

About Solitario

Solitario is an emerging zinc exploration and development company traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). Solitario holds 50% joint venture interest in the high-grade, open-pitable Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources holds the remaining 61% interest) on the high-grade Florida Canyon zinc project in Peru. Solitario's Management and Directors hold approximately 9.6% (excluding options) of the Company's 58.4 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$6.9 million. Additional information about Solitario is available online at www.solitariozinc.com.

FOR MORE INFORMATION AT SOLITARIO, CONTACT:

Valerie Kimball
Director – Investor Relations
720-933-1150
(800) 229-6827

Christopher E. Herald
President & CEO
(303) 534-1030, Ext. 14

Cautionary Note to U.S. Investors concerning estimates of Resources: This news release uses the terms "Measured, Indicated and Inferred Resources." The Company advises U.S. investors that while these terms are recognized and required by Canadian regulations, the SEC does not recognize the terms. U.S. investors are cautioned not to assume that any part or all of Measured or Indicated Mineral Resources will ever be converted into Reserves. Inferred Resources have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies. U.S. investors are cautioned not to assume that any part or all of a measured, indicated orinferred resource exists, or is economically or legally minable.

Cautionary Statement Regarding Forward Looking Information

This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934, and as defined in the United States Private Securities Litigation Reform Act of 1995 (and the equivalent under Canadian securities laws),that are intended to be covered by the safe harbor created by such sections. Forward-looking statements are statements that are not historical fact. They are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and address activities, events or developments that Solitario expects or anticipates will or may occur in the future, and are based on current expectations and assumptions. The Company would like to specifically caution the reader that the Lik preliminary economic assessment ("PEA") that supports the technical feasibility or economic feasibility of the Lik zinc deposit, respectively, including the marketability of the concentrate, mining methods, cost, recoveries of metals and any other technical aspects related to the deposits, are preliminary in nature and there is no certainty that the economic estimates in the PEA will be realized. Forward-looking statements involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements include, without limitation, statements regarding the Company's expectation of the projected timing and outcome of engineering studies; expectations regarding the receipt of all necessary permits and approvals to implement a mining plan, if any, at Lik or Florida Canyon; the potential for confirming, upgrading and expanding zinc, lead and silver mineralized material; future operating and capital cost estimates may indicate that the stated resources may not be economic; estimates of zinc, lead and silver grades of resources provided are predicted and actual mining grade could be substantially lower; estimates of recovery rates for could be lower than estimated for establishing the cutoff grade; and other statements that are not historical facts could vary significantly from assumptions made in the PEA; risks associated with our partner, Teck Resources Ltd., ability to finance continued development and potential construction of the Lik project could have a materially negative impact on the timing of project development, and such project development may never occur. Although Solitario management believes that its expectations are based on reasonable assumptions, it can give no assurance that these expectations will prove correct. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among others, risks relating to risks that Solitario's and its joint venture partners' exploration and property advancement efforts will not be successful; risks relating to fluctuations in the price of zinc, lead and silver; the inherently hazardous nature of mining-related activities; uncertainties concerning reserve and resource estimates; availability of outside contractors in connection with Lik, and other activities; uncertainties relating to obtaining approvals and permits from governmental regulatory authorities; the possibility that environmental laws and regulations will change over time and become even more restrictive; and availability and timing of capital for financing the Company's exploration and development activities, including uncertainty of being able to raise capital on favorable terms or at all; as well as those factors discussed in Solitario's filings with the U.S. Securities and Exchange Commission (the " SEC ") including Solitario's latest Annual Report on Form 10-K and its other SEC filings (and Canadian filings) including, without limitation, its latest Quarterly Report on Form 10-Q. The Company does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.

SOURCE: Solitario Zinc Corp.

View source version on accesswire.com:
https://www.accesswire.com/654735/Solitario-Zinc-Reports-That-Exploration-Work-Has-Commenced-on-the-Lik-Zinc-Project-Alaska

TORONTO (Reuters) – Junior miner Star Diamond Corp on Thursday said it objected to Rio Tinto's "predatory and coercive" actions after the global miner called a meeting for a joint venture the Canadian company says does not yet exist.

The companies have been in a long-running dispute over development of Star Diamond's Star-Orion South Diamond Project in the Canadian province of Saskatchewan.

In 2017 Star Diamond entered an earn-in agreement with Rio Tinto Exploration Canada Inc giving the Anglo-Australian miner an option to earn up to a 60% interest in the project.

Saskatoon-based Star Diamond later said Rio overspent on the project while exercising its earn-in options before completing and delivering results from its bulk sampling program. It said the Rio Tinto was trying to boost its stake at below market value.

Rio has spent roughly C$168 million to complete a 10-hole bulk sample program that Rio told Star Diamond would originally cost about C$18.5 million, the Canadian company said on Thursday.

"Rio Tinto now seeks to call a management committee meeting that it has no legal right to call for a joint venture that Rio Tinto knows has not been duly formed," Star Diamond said in a release.

Rio did not immediately respond to a request for comment.

A preliminary study in 2018 estimated 66 million carats of diamonds could be recovered from the C$2 billion Star-Orion project over a 38-year mine life.

Rio faced similar acrimony with its junior partner Turquoise Hill Resources over expansion of the pair's Oyu Tolgoi copper-gold mine in Mongolia, although that dispute was put to bed in April.

(Reporting by Jeff Lewis; Editing by David Gregorio)

Geotechnical drill holes

Location of geotechnical drill holes at Grassy Mountain

WINNEMUCCA, Nev., July 08, 2021 (GLOBE NEWSWIRE) — Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount” or “the Company”) announced today that assay results from two new core holes at the Company’s proposed high grade underground Grassy Mountain gold mine in eastern Oregon drilled outside the mineral reserve area indicate the potential for additional economic material.

The two holes were initially drilled as part of the geotechnical program for alignment and to support the design of the portal and decline access to the mine. Both holes were drilled outside the boundaries of the current underground reserve, in areas considered as waste rock (see image below).

Drill hole GM19-37 was designed to acquire data related to ground conditions in proximity to the underground decline spiral as well as to provide ground water and permeability data. The hole was drilled to a depth of 831 ft. returning gold grades up to 2.56 g/T. Overall, this hole intersected a true width of 675 ft. grading an average of 0.4 g/T gold and 1.8 g/T Ag.

Drill hole GM19-38 was drilled at the proposed portal location and intercepted gold mineralization of up to 0.98 g/T of gold. The hole was drilled to 100 ft. and intersected a zone of 29 ft. grading 0.6 g/T gold beginning at a depth of 71 ft.

Paramount’s COO Glen van Treek commented, “The significance of these assays is that material with sufficient grade will be stockpiled separately and sent to the mill, rather than being classified as waste, thereby improving overall project economics.”

Based on the September 2020 Feasibility Study, projected processing costs are $28 per ton, suggesting that at current gold prices, any material with grades over 0.55 g/T previously classified as waste, but that needs to be extracted as part of the current mine plan, will be sent to the mill for processing.

“As we approach a construction decision, the updated reserves will be included in a final mine plan accounting for short-term gold and silver prices at that time,” van Treek added.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a0b503d6-c79c-43f0-ae3d-2e083ce875b8

NI 43-101 Disclosure
Exploration activities at Grassy Mountain are being conducted by wholly-owned subsidiary Calico Resources USA Corp. personnel under the supervision of Michael McGinnis (CPG 10914) Project Manager and a Qualified Person under National Instrument 43-101, who has reviewed and approved this release. An ongoing quality control/quality assurance protocol is being employed for the program including blank, duplicate and reference standards in every batch of assays.

About Paramount Gold Nevada Corp.
Paramount Gold Nevada Corp. is a U.S. based precious metals exploration and development company. Paramount’s strategy is to create shareholder value through exploring and developing its mineral properties and to realize this value for its shareholders in three ways: by selling its assets to established producers; entering joint ventures with producers for construction and operation; or constructing and operating mines for its own account.

Paramount owns 100% of the Grassy Mountain Gold Project which consists of approximately 8,200 acres located on private and BLM land in Malheur County, Oregon. The Grassy Mountain Gold Project contains a gold-silver deposit (100% located on private land) for which results of a positive Feasibility Study have been released and key permitting milestones accomplished.

Paramount owns a 100% interest in the Sleeper Gold Project located in Northern Nevada, the world’s premier mining jurisdiction. The Sleeper Gold Project, which includes the former producing Sleeper mine, totals 2,322 unpatented mining claims (approximately 60 square miles or 15,500 hectares). The Sleeper gold project is host to a large gold deposit (over 4 million ounces of mineralized material) and the Company has completed and released a positive Preliminary Economic Assessment. With higher gold prices, Paramount has begun work to update and improve the economics of the Sleeper project.

Safe Harbor for Forward-Looking Statements
This release and related documents may include "forward-looking statements" and “forward-looking information” (collectively, “forward-looking statements”) pursuant to applicable United States and Canadian securities laws. Paramount’s future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Words such as "believes," "plans," "anticipates," "expects," "estimates" and similar expressions are intended to identify forward-looking statements, although these words may not be present in all forward-looking statements. Forward-looking statements included in this news release include, without limitation, statements with respect to the use of proceeds from the Offerings. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Management believes that the assumptions and expectations reflected in such forward-looking statements are reasonable. Assumptions have been made regarding, among other things: the conclusions made in the feasibility study for the Grassy Mountain Gold Project (the “FS”); the quantity and grade of resources included in resource estimates; the accuracy and achievability of projections included in the FS; Paramount’s ability to carry on exploration and development activities, including construction; the timely receipt of required approvals and permits; the price of silver, gold and other metals; prices for key mining supplies, including labor costs and consumables, remaining consistent with current expectations; work meeting expectations and being consistent with estimates and plant, equipment and processes operating as anticipated. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including, but not limited to: uncertainties involving interpretation of drilling results; environmental matters; the ability to obtain required permitting; equipment breakdown or disruptions; additional financing requirements; the completion of a definitive feasibility study for the Grassy Mountain Gold Project; discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs and between estimated and actual production; the global epidemics, pandemics, or other public health crises, including the novel coronavirus (COVID-19) global health pandemic, and the spread of other viruses or pathogens and the other factors described in Paramount’s disclosures as filed with the SEC and the Ontario, British Columbia and Alberta Securities Commissions.

Except as required by applicable law, Paramount disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.

Paramount Gold Nevada Corp.
Rachel Goldman, Chief Executive Officer
Christos Theodossiou, Director of Corporate Communications
866-481-2233
Twitter: @ParamountNV

ROUYN-NORANDA, Quebec, July 08, 2021 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, TTM Zone, Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to announce that the Toronto Stock Exchange (“TSX”) has approved Globex’s normal course issuer bid (“NCIB”). Under the NCIB, Globex will be entitled to repurchase for cancellation up to 1,000,000 common shares, representing approximately 1.82% of Globex’s issued and outstanding shares as of June 30, 2021, over a twelve-month period starting on July 12, 2021 and ending on July 11, 2022. The purchases by Globex will be effected through the facilities of the TSX and on other alternative trading systems in Canada, and will be made at the market price of the shares at the time of the purchase. Globex had 55,089,817 common shares issued and outstanding as of June 30, 2021, of which 48,708,726 shares constitute the “public float”.

During the most recently completed six months, the average daily trading volume for Globex’s common shares on the TSX was 91,628 shares. Consequently, under the policies of the TSX, Globex will have the right to repurchase during any one trading day a maximum of 22,907 common shares, representing 25% of the average daily trading volume. In addition, Globex may make, once per calendar week, a block purchase (as such term is defined in the TSX Company Manual) of common shares not directly or indirectly owned by insiders of Globex, in accordance with the policies of the TSX.

Globex intends to acquire the common shares because it believes that the repurchase of common shares at certain market prices is beneficial to Globex and its shareholders. Globex intends to make any purchases on an opportunistic basis, taking share price and other considerations into account.

Any purchases made pursuant to the NCIB will be made in accordance with the requirements of the TSX. Except for exempt offers, Globex will make no purchases of common shares other than open market purchases during the period of the NCIB.

Under its previous NCIB, which entered into effect on March 13, 2020 and which expired on March 12, 2021, Globex was authorized to purchase up to 1,000,000 shares. Under the NCIB, Globex repurchased a total of 27,035 common shares at a volume weighted average purchase price of $0.6827 per share, through the facilities of the TSX and on alternative trading systems in Canada. All of the repurchased shares were cancelled by Globex.

Under Globex’s NCIB which entered into effect on March 12, 2019 and which expired on March 11, 2020, Globex was authorized to purchase up to 1,000,000 shares. Globex repurchased a total of 583,500 common shares at a volume weighted average purchase price of $0.3310 per share, all of which shares were cancelled by Globex.

In connection with the NCIB, Globex has entered into an automatic share purchase plan with a Canadian securities dealer pursuant to which the securities dealer, acting as Globex’s agent, may acquire at its discretion shares on Globex’s behalf during “black-out” or “closed” periods under Globex’s stock trading policy, subject to certain parameters as to price and number of shares.

Forward Looking Statements

Except for historical information, this news release may contain certain “forward looking statements”. These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available in the “Annual Information Form” filed by Globex on SEDAR at www.sedar.com.

We Seek Safe Harbour.	Foreign Private Issuer 12g3 – 2(b)
	CUSIP Number 379900 50 9 LEI 529900XYUKGG3LF9PY95
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir. President & CEO Globex Mining Enterprises Inc. 86, 14^th Street Rouyn-Noranda, Quebec Canada J9X 2J1	Tel.: 819.797.5242 Fax: 819.797.1470 info@globexmining.com www.globexmining.com

Forward Looking Statements: Except for historical information, this news release may contain certain “forward looking statements”. These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available in the “Annual Information Form” filed by Globex on SEDAR at www.sedar.com.

55,089,817 shares issued and outstanding

Shares of mining giant Rio Tinto (RIO) were down around 4% in pre-market trading on Thursday after the company signed a Memorandum of Understanding (MoU) with South Korea’s largest steelmaker POSCO. Both companies will work together on various technologies to achieve low-carbon emissions across the entire steel value chain.

The partnership is a step towards both Rio Tinto’s and POSCO’s long-term ambitions of achieving net-zero carbon emissions by 2050.

The alliance will integrate Rio’s iron ore processing capabilities with POSCO’s steelmaking expertise to evaluate possible ways to reduce carbon emissions throughout the steel value chain, from the mining of iron ore to the final production of steel.

In pursuit of its net-zero goal, Rio Tinto has signed similar partnership agreements with several other steel producers, including China’s Baowu Steel Group, and Japan’s Nippon Steel Corporation.

Rio Tinto has actively been working on the climate change issue for over twenty years and has reduced its emissions by more than 30% in the past ten years. (See RIO stock charts on TipRanks)

Furthermore, Rio Tinto plans to reduce carbon intensity by 30% and absolute emissions by an incremental 15% by 2030.

Notably, it has also created a $1 billion fund to finance projects related to climate change and the betterment of the environment.

Simon Farry, VP of Iron Ore Sales and Marketing at Rio Tinto, commented, “This partnership with POSCO, a valued and long-standing customer, demonstrates our combined commitment to working together to identify ways to reduce emissions across the steel-making process. The agreement also complements Rio Tinto‘s partnerships with other customers as the industry focuses on developing technologies that support the transition to a low-carbon economy.”

UBS analyst Myles Allsop recently downgraded Rio Tinto to Sell from Hold.

Allsop believes that iron ore has reached an inflection point and forecasts iron ore prices to fall around 50% from their current highs of around $220, based on an expected boost in the iron ore supply.

Consensus among analysts is a Moderate Buy based on 2 Buys and 1 Sell. The average Rio Tinto price target of $101.56 implies 24% upside potential to current levels.

Rio Tinto scores a 7 out of 10 on TipRanks’ Smart Score rating system, indicating that the stock is likely to perform in line with market expectations.

Figure 1: Location of Geological Traces

Figure 2: Exploration Diamond Core Holes – Major Drilling

Figure 3: Lithium carbonate, 99.5% Li2CO3 min, battery grade, spot price cif China, Japan & Korea, $/kg (midpoint)

VANCOUVER, British Columbia, July 08, 2021 (GLOBE NEWSWIRE) — Bearing Lithium Corp. (“Bearing” or the “Company”) (TSX Venture:BRZ) (OTCQB:BLILF) is pleased to provide a Maricunga lithium resource expansion and finance activities update as announced by Minera Salar Blanco (“MSB”).

HIGHLIGHTS

The latest drilling program on the Stage One mining concessions has been completed, with five exploration core holes (S-25, S-26, S-27, S-28 and S-29) each reaching target depth of 400m.
Positive average lithium concentrations of 989 mg/l and a maximum of 3,375 mg/l, which confirm Maricunga as one of the richest deposits in Chile.
Significant resource expansion expected for Stage One after the new drilling program tested the 200-400m mineralised zone.
DFS update continues by Worley, GEA Messo and Atacama Waters.
Preliminary indications of interest received from international financial institutions and private funds for debt financing and future equity financing of the project.
Finance process will continue in coming months, with the Mitsui agreement announced on May 15 for Off-Take and Funding of the Stage One serving as a solid base.
Review and certification processes initiated for ESG protocols. Proposals from specialised advisors are expected during Q3 to review all project information along with carbon footprint metrics.

As announced on 27 January 2021, the Company commenced additional exploration at the Maricunga Salar as part of the updated DFS for its Stage One Project with the aim of expanding the current Measured + Indicated (M+I) resource. This currently is measured from near surface to 200m depth, but recent drilling will also include the interval between 200m and 400m.

MSB has completed additional five diamond core holes to the target depth of 400m as scheduled. As a result, the resource update for the Stage One mining concessions will be based on:

5,257m drilled within 41 wells.
3 production wells and 4 long term pumping tests (more than 60 days in total).
1,194 brine samples analysed by Andes Analytical Assay, the University of Antofagasta in Chile and Norlab in Argentina.
501 undisturbed core samples taken for drainable porosity tests which were sent to Geosystems Analysis (GSA), Daniel B. Stephens and Associates, Corelabs and the British Geological Survey.

Positive results with average lithium concentrations of 989 mg/l and maximum values of 3,375 mg/l are shown in Table 1 below.

	B	CA	CL	Li	mg/l	K	NA	SO4	Density
	mg/l	mg/l	mg/l	mg/l	mg/l	mg/l	mg/l	mg/l	g/cm3
Max	1.993	36.950	233.800	3.375	21.800	20.640	105.851	2.820	1,31
Average	499	12.460	194.907	989	6.297	7.118	91.447	700	1,20
Min	234	6.765	145.954	513	3.150	2.940	41.050	259	1,16

Table 1: Average Lithium and Potassium concentrations

Positive lithium/calcium/magnesium ratios have confirmed the world class nature of the Maricunga deposit (Table 2).

k	Li	Mg	Ca	SO	B	MG/LI	CA/Li	K/Li
g/l	g/l	g/l	g/l	g/l	g/l
7,12	0,99	6,30	12,46	0,70	0,50	6,37	12,70	7,20

Table 2: Average lithium/calcium/magnesium ratios

Location of the different exploration and production wells, as well as of the geological traces are shown on Figure 1 below.

Figure 1: Location of Geological Traces is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/77afb36a-4261-41d1-81d1-77eabd4c4c5f

A new Resource (M+I) estimate is in process, including the additional information to 400m depth, using SGeMS software as a base for the new Reserve estimate update which will be part of the updated DFS for Stage One. A significant resource expansion is expected to be between the range of 1.5x to 1.8x the 2019 values¹.

_______________
¹ Maricunga Definitive Feasibility Study (DFS), January 22^nd, 2019

Figure 2: Exploration Diamond Core Holes – Major Drilling is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1b5670be-6c99-4769-bc91-8025b44a628c

The DFS update continues to advance as planned by Worley (Engineering) and GEA Messo (Production Process). Several opportunities for optimisation have been identified in the engineering, with potential reduction also in the CAPEX of the project.

The Company has advanced further on its production process with significant efficiency increases. As part of the finance and commercial activities, new samples of high-quality battery grade Lithium Carbonate will be produced at GEA Labs in France for review by off-takers after the Basic Engineering is completed by the end of September. Purity is expected to be significantly higher compared with the original samples produced in 2018. They showed a 99.5% purity. Such an outcome would allow the Company to reach a wider spectrum of customers with different quality requirements in the future.

Financing activities have continued, with the Mitsui agreement for off-take and funding serving as a solid base.

A recovery in lithium prices, especially for battery grade lithium carbonate, along with the off-take agreed with Mitsui have had a positive impact on the expected level of leverage the project could support. The Company is now targeting a 50 per cent leverage for the project with a lower cost debt structure.

Lithium carbonate battery grade is now trading at $US14,000 per tonne in China, Japan and Korea, as shown below in Figure 3.

Figure 3: Lithium carbonate, 99.5% Li2CO3 min, battery grade, spot price cif China, Japan & Korea, $/kg (midpoint) is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f122894-2987-41f4-bdb5-aa6c5077ccf0

As EV roll-out intensifies and electrification becomes a significant focus for governments, the scrutiny of lithium producers’ initiatives to minimise environmental impacts have been growing.

Sustainability has always been the centre of the Maricunga project. The company has made important efforts to become one of the first Zero Emission lithium brine producers. That includes minimising the water consumption of the production process design (self-producing more than 30 per cent of water used); using electricity only produced by solar generators through long term power purchase agreements; and having strict protocols to ensure any negative impact on the area have provided an opportunity to set a high standard in the industry. Additionally, the social aspect has been important

to the Maricunga project, having received open and ongoing support from both indigenous and civilian communities. All of these aspects have been widely recognised by the Chilean authorities.

The Company has initiated the process to review and certify its Environmental Social and Governance protocols. Proposals from specialised advisors are expected to be received during Q3 for the review of all the project information, as well as its carbon footprint metrics.

MSB’s Chief Executive Officer, Cristobal Garcia-Huidobro, commented:

“We are pleased with the positive results to date. We look forward to continuing advancement on all fronts as we progress the Maricunga Stage One project towards a successful outcome.”

About Bearing Lithium Corp.

Bearing Lithium Corp. is a lithium-focused mineral exploration and development company. Its primary asset is a 17.35% interest in the Maricunga Lithium Brine Project in Chile. The Maricunga Project represents one of the highest-grade lithium brine salars globally and the only pre-production project in Chile. Over $US 60 million has been invested in the Maricunga Project to date.

ON BEHALF OF THE BEARING LITHIUM BOARD

Signed "Gil Playford”
Gil Playford, Chairman
gplayford@bearinglithium.com

Cautionary Statements Regarding Forward Looking Information

This press release includes certain "forward-looking information” and "forward-looking statements” (collectively "forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, without limitation, statements relating the future operating or financial performance of the Company, are forward-looking statements.

Forward-looking statements are frequently, but not always, identified by words such as "expects”, "anticipates”, "believes”, "intends”, "estimates”, "potential”, "possible”, and similar expressions, or statements that events, conditions, or results "will”, "may”, "could”, or "should” occur or be achieved.. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Figure 1

Map depicting select mineralized zones at Plata in relation to the Plata Thrust Fault and the Aho Zone

TORONTO, July 08, 2021 (GLOBE NEWSWIRE) — Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that it has engaged Archer, Cathro & Associates (1981) Limited (“Archer Cathro”) to oversee the Phase 1 work program on its 100%-owned 5,690 hectare Plata Silver Property (“Plata”) located in east-central Yukon. Archer Cathro is the established leader in Yukon mineral discoveries.

The Plata Silver Property lies within the Tintina Gold Belt and displays a number of similarities to the world-class Keno Hill Silver Mining Camp, Canada’s second largest primary producer of silver with production from approximately thirty-five vein deposits between 1913 and 1989.

Plata Property Highlights:

Historic surface trenching and shallow drilling has identified thirty-two (32) known mineralized zones, comprising high-grade silver, gold, lead and zinc-bearing veins and stockwork zones;

Several areas of the property were mined historically for high-grade silver and yielded 9,020 kg (290,000 oz) of silver from a reported 2,041 tonnes of hand sorted material, equivalent to a recovered silver grade of approximately 4,420 grams per tonne (g/t) silver.

Historic drilling to date has demonstrated potential for continuous mineralization over a strike length of nearly 800 metres at the Aho Zone (Figure 1). This zone is a semi-continuous mineralized system developed within the plane of the Plata Thrust Fault that extends intermittently over a total strike length of 800 metres and to a maximum of 580 metres downdip and remains open to extension along strike and downdip.

About the Plata Silver Property

Historic exploration at the Plata Silver Property from 1969 to 2011 identified thirty-two (32) known mineralized zones, extending over a 2.5 kilometre area, hosting narrow high-grade silver, gold, lead and zinc-bearing veins and stockworks. Mineralization at Plata is believed to be associated with hydrothermal fluids related to the Tombstone intrusive suite and bears similarities to the prolific Keno Hill Silver Mining Camp, Canada’s second largest primary producer of silver with production from approximately thirty-five (35) vein deposits between 1913 and 1989.

High priority target areas at Plata include:

P-4 Zone: The P-4 Zone has undergone more extensive drilling relative to other targets at Plata and demonstrates continuous mineralization over 200 metres of strike length that remains open in all directions. Average grades and widths from fourteen (14) core drill holes in 1987 were 1.9 metres grading 337 g/t silver, 3.65 g/t gold, 1.59% lead and 1.7% zinc.
P-3 Zone: At the P-3 Zone, rock samples have returned extremely high gold assays (up to 78.3 g/t) and chip sampling returned 1.96 metres grading 2,383 g/t silver, 9.85 g/t gold and 7% lead.
P-6 Zone: Drilling in 2011 confirmed the continuity of significant polymetallic silver mineralization at depth and laterally over a strike length of 150 metres. Highlighted drill intercepts include 1.0 metre grading 1,655 g/t silver and 1.09% zinc, and 6.63 metres grading 164 g/t tonne silver and 2.34% zinc. Veining mapped at surface and anomalous soil geochemistry suggest the P-6 structure may extend for 500 metres to the northwest.
P-2 Zone: Detailed trenching of the P-2 Zone returned a weighted average of 812 g/t silver, 24.48% lead and 17.02% zinc across an average width of 1.93 metres for a strike length of 85 metres. Drill holes targeting the P-2 Zone yielded intercepts of up to 1,060 g/t silver and 3.86% zinc over 0.87 metres and 110 g/t silver and 39.77% zinc over 0.93 metres.

Importantly, drilling from 2008 to 2011 has demonstrated that the P-3 and P-4 veins are part of a larger, semi-continuous, mineralized system referred to as the Aho Zone, which is developed within the plane of the Plata Thrust Fault and varies from 0.3 to 3.0 metres in width. This zone extends intermittently over a total strike length of 800 metres and to a maximum of 580 metres downdip and remains open to extension along strike and downdip (Figure 1).

Plata Phase 1 Program:

The primary objective of the Phase 1 program planned for this summer by Archer Cathro is to complete detailed mapping and rock and channel sampling at a number of priority target zones at Plata in order to better understand structural controls of silver mineralization. This will provide valuable insight for eventual drill hole targeting.

The secondary objective of the Phase 1 program will be to better define the full extent of mineralization at Plata. Towards this end, soil grids will be completed in previously unsampled areas to more thoroughly define anomalous geochemical zones and trends.

Technical information in this news release has been approved by Heather Burrell, P.Geo., a geologist with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National Instrument 43-101.

Closing of First Tranche of Flow-Through Private Placement

The Company also announces that it has closed the first tranche of its ongoing non-brokered flow-through private placement (the “FT Offering”) by issuing 1,681,800 Flow Through Shares (‘FT Shares”) at a price of $0.15 per FT Share for gross proceeds of $252,270. The gross proceeds from the Offering will be used to fund the exploration program on the aforenoted Plata silver property and future exploration programs on the Company’s other properties in the Yukon as well as the Thunder Bay District of northern Ontario, which qualify as flow-through shares for purposes of the Income Tax Act (Canada).

The Company expects to close a second and final tranche of the FT Offering shortly.

In connection with the foregoing, the Company paid finders’ fees totalling $17,239 and issued non-transferable purchase warrants entitling the purchase a total of 114,926 common shares of the Company at a price of $0.15 per share for a period of 24 months following the closing. All securities issued in connection with the FT Offering are subject to a hold period of four months plus a day from the closing. The FT Offering remains subject to the final approval of the TSX Venture Exchange.

For more information, please visit our new website at http://www.honeybadgersilver.com.
Or contact: Ms. Christina Slater at cslater@honeybadgersilver.com.

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian silver company based in Toronto, Ontario focused on the acquisition, development, and integration of accretive transactions of silver ounces. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon, Honey Badger Silver is positioning to be a top tier silver company. The Company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required.

Figure 1: Map depicting select mineralized zones at Plata in relation to the Plata Thrust Fault and the Aho Zone is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3f0bccd2-cebf-4419-875a-227888c8859f

Albertsons Companies Inc (NYSE: ACI) has removed additional items containing chicken as part of the recall initiated by Tyson Foods Inc (NYSE: TSN).
The product being removed off shelves has the potential to be contaminated with Listeria monocytogenes, which can cause severe and sometimes fatal infections in young children, frail or older people, and others with weakened immune systems.
On July 4, 2021, Albertsons announced the removal of certain signature café shredded roasted chicken, also supplied by Tyson Foods.
The affected Tyson product was produced at one plant located in Dexter, Missouri, between December 26, 2020, and April 13, 2021, and was distributed nationwide and in Puerto Rico.
Price action: ACI shares traded marginally higher by 0.10% at $19.38, while TSN traded lower by 1.24% at $72.48 on the last check Thursday.

See more from Benzinga

DENVER, CO / ACCESSWIRE / July 8, 2021 / Gold Resource Corporation (NYSE American:GORO) (the "Company") will issue a news release providing a summary of its financial and operating results for the second quarter ended June 30, 2021 on Wednesday, July 27, 2021 after the market close, file its 10Q with the financial and operating results for the period ended June 30, 2021 with EDGAR and host a conference call on Thursday, July 28, 2021 at 11:00 a.m. Eastern Time.

The conference call will be recorded and posted to the Company's website later in the day following the conclusion of the call. Following prepared remarks, Allen Palmiere, President and Chief Executive Officer, Kim Perry, Chief Financial Officer and Alberto Reyes, Chief Operating Officer will host a live question and answer (Q&A) session. There are two ways to join the conference call.

To join the conference via webcast, please click on the following link: https://www.webcaster4.com/Webcast/Page/2361/42039.

To join the call via telephone please use one of the following dial-in details:

Participant Toll Free: 877-545-0320
Participant International: 973-528-0016
Entry Code: 758194

Please connect to the conference call at least 10 minutes prior to the start time using one of the connection options listed above.

About GRC:
Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico. Under the direction of a new board and senior leadership, the focus is to unlock the significant upside potential of its existing infrastructure and large land position surrounding the mine. For more information, please visit GRC's website, located at www.goldresourcecorp.com and read the Company's 10-K for an understanding of the risk factors involved.

Contacts:
Ann Wilkinson
Vice President, Investor Relations and Corporate Affairs
Ann.Wilkinson@GRC-USA.com
www.GoldResourcecorp.com

SOURCE: Gold Resource Corporation

View source version on accesswire.com:
https://www.accesswire.com/654831/Gold-Resource-Corporation-to-Hold-Conference-Call-to-Discuss-Q2-2021-Financial-and-Operating-Results-on-July-28-2021

VANCOUVER, British Columbia, July 08, 2021–(BUSINESS WIRE)–Fancamp Exploration Ltd. ("Fancamp" or the "Corporation") (TSX Venture Exchange: FNC) is pleased to announce that it has entered into a royalty purchase agreement (the "Agreement") with Champion Iron Mines Limited ("Champion"), a wholly owned subsidiary of Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF), whereby the Corporation will sell to Champion certain iron ore royalties as well as the exploration property known as Lac Lamêlée.

The Agreement provides that, in consideration of a $1.3 million payment in cash at closing, plus certain future finite production payments payable once certain iron ore production thresholds have been reached with respect to iron ore production from the Fermont Properties subject to this agreement, Champion will acquire the Corporation’s ownership interest in the Lac Lamêlée property and a 1.5% Net Smelter Return royalty interest in the O’Keefe-Purdy, Harvey-Tuttle, Bellechasse, Oil Can, Fire Lake North Consolidated, Peppler Lake and Moiré Lake properties, which are currently held by the Corporation (the "Transaction").

The Agreement, combined with the current market conditions, provides immediate and additional future benefits to Fancamp as projects are developed to production by Champion.

In addition to the immediate cash payment that will be paid to Fancamp, this Agreement is expected to provide Fancamp and its shareholders greater long-term certainty with respect to future income related to the Corporation’s iron ore properties, as well as greater flexibility and opportunity for earlier development of these deposits.

The Agreement is subject to approval of the TSX Venture Exchange.

Independent Fairness Opinion

Watts, Griffis and McOuat was retained by the Corporation in connection with the Agreement. Watts, Griffis and McOuat has provided the Fancamp Board of Directors with its opinion that the Agreement is fair from a financial and technical point of view.

Related Party and MI 61-101 Disclosure

As Champion holds 12.64% of the outstanding shares of Fancamp, it is considered a non-arm’s length party pursuant to TSX Venture Exchange policies. The Transaction also constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Fancamp is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the fair market value of the subject matter of, nor the fair market value of the consideration for, the contemplated Transaction, not exceeding 25% of Fancamp’s market capitalization. A resolution of the board of directors of Fancamp was passed on July 8, 2021 approving the Transaction, with one director voting against the Transaction as part of the steps taken as a concerned shareholder. No special committee was established in connection with the Transaction. Fancamp did not file a material change report more than 21 days prior to the completion of the Transaction, the window of opportunity for signing the Agreement and closing the Transaction being immediate it would have been detrimental for the parties involved to wait 21 days.

About Fancamp Exploration Ltd. (TSX-V: FNC)

Fancamp is a growing Canadian mineral exploration corporation dedicated to its value-added strategy of advancing mineral properties through exploration and development. The Corporation owns numerous mineral resource properties in Quebec, Ontario and New Brunswick, including gold, rare earth metals, strategic and base metals, zinc, chromium, titanium and more. Fancamp is also building on the industrial possibilities inherent in dealing with some of these materials, notable being the development of its Titanium technology strategy. It has recently announced the acquisition of ScoZinc, a Canadian exploration and mining corporation that has full ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia, as well as several prospective exploration licenses in surrounding regions. The Corporation is managed by a new and focused leadership team with decades of mining, exploration and complementary technology experience.

Forward-looking Statements

This news release includes certain statements which are not comprised of historical facts and that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements include estimates and statements that describe Fancamp’s future plans, objectives or goals, including words to the effect that Fancamp or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", "foresees" or "plan". Since forward-looking statements are based on multiple factors, assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Fancamp, Fancamp provides no assurance that actual results will meet the management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially or simply fail to materialize from those expressed or implied by such forward-looking information. Forward-looking information includes, but is not limited to, information and statements relating to future benefits arising from the Agreement and the development and future production of the relevant mining properties. There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Fancamp’s expectations include, among others, uncertainties relating to the development of the relevant mining properties and risks relating to the terms and duration of any government orders suspending or limiting operations that are applicable to Fancamp or the relevant mining properties; the responses of relevant governments to the COVID-19 outbreak and the effectiveness of such responses, political, economic, environmental and permitting risks, mining operational and development risks, litigation risks, regulatory restrictions, environmental and permitting restrictions and liabilities, the inability of Fancamp to raise capital or secure necessary financing in the future, as well as factors discussed in the section entitled "Risks and Uncertainties" in Fancamp’s management’s discussion and analysis of Fancamp’s financial statements for the period ended January 31, 2021. Although Fancamp has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. Fancamp considers its assumptions to be reasonable based on information currently available, but there can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005737/en/

Contacts

Rajesh Sharma, Chief Executive Officer
+1 (604) 434 8829
info@fancamp.ca

Debra Chapman, Chief Financial Officer
+1 (604) 434 8829
info@fancamp.ca

Media Contact
Hyunjoo Kim
Director, Communication, Marketing & Digital Strategy
Kingsdale Advisors
Phone: 416-867-2357
Cell: 416-899-6463
Email: hkim@kingsdaleadvisors.com

VANCOUVER, British Columbia, July 08, 2021 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) is providing additional details of the Rights Offering completed June 25, 2021.

To the knowledge of the Company, no person became an insider as a result of the Rights Offering. Existing insiders acquired an aggregate of 5,834,477 shares pursuant to the Basic Subscription Privilege and 1,453,337 shares pursuant to the Additional Subscription Privilege.

About Imperial

Imperial is a Vancouver based exploration, mine development and operating company. The Company, through its subsidiaries, owns a 30% interest in the Red Chris mine, and a 100% interest in both the Mount Polley and Huckleberry copper mines in British Columbia.

Company Contacts

Brian Kynoch | President | 604.669.8959
Darb Dhillon | Chief Financial Officer | 604.488.2658

Vancouver, British Columbia–(Newsfile Corp. – July 8, 2021) – TNR Gold Corp. (TSXV: TNR) ("TNR", "TNR Gold" or the "Company") is pleased to announce that McEwen Mining Inc. ("McEwen") has created McEwen Copper Inc. and is organizing a private placement (the "Offering") of up to US$80 million as announced its news release dated July 6, 2021.

McEwen Copper intends to pursue an initial public listing within 12 months from the closing of the Offering. Proceeds from the Offering will be used exclusively by McEwen Copper to advance the Los Azules Copper Project to a pre-feasibility study, to construct a new year-round access road to the project, carry out exploration drilling at Los Azules, and to complete environmental permitting and community relations.

Rob McEwen, McEwen's Chairman and Chief Owner, stated, "This is a significant and exciting moment for McEwen Mining because of the value it should release. Currently, the market appears to be giving us little value for our Los Azules copper deposit, despite its impressive size and robust economics at present copper prices. Unfortunately, the scale of the required project development expenditures would require McEwen Mining to issue a massive number of additional shares. This share dilution would not be acceptable. However, we believe that by putting our copper assets, Los Azules and Elder Creek, into a separately listed company exclusively focused on copper, we can create an attractive copper investment vehicle. It will allow us to raise the money necessary to fund progress towards the rapid development of one of the world's largest copper resources. We expect that McEwen Copper will compare very favorably to other single-asset copper developers. Within 12 months of closing this Offering we plan to take the company public. In the interim, we will be investigating ways to make a share distribution to you, MUX shareowners, of a portion of McEwen Mining's holdings of McEwen Copper in a tax-efficient way."

The Los Azules Copper Project is an advanced large-scale porphyry copper exploration project located in the prolific Andean Cordillera copper belt, 56 miles (90 km) north of Glencore's El Pachón project and near the border with Chile. In 2017, McEwen Mining completed a positive Preliminary Economic Assessment (PEA) on the project, as announced by TNR Gold on November 2, 2017.

"I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper," stated Kirill Klip, TNR's Executive Chair. "It's very encouraging to see the personal commitment from Rob McEwen to advance the rapid development of this giant copper, gold and silver deposit in an appropriate corporate structure which will allow financing and further development of the Los Azules Copper Project.

TNR Gold holds a 0.36% NSR royalty on the entire Los Azules project containing copper, gold and silver metals. TNR Gold does not have to contribute any capital for the development of the Los Azules Copper Project. The essence of our business model is to have industry leaders like McEwen Mining as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders."

ABOUT TNR GOLD CORP.

TNR Gold Corp. is working to become the green energy metals royalty and gold company.

Over the past twenty-five years, TNR, through its lead generator business model, has been successful in generating high-quality exploration projects around the globe. With the Company's expertise, resources and industry network, it identified the potential of the Los Azules Copper Project in Argentina and now holds a 0.36% NSR Royalty on the entire project, which is being developed by McEwen Mining Inc.

In 2009, TNR founded International Lithium Corp. ("ILC"), a green energy metals company that was made public through the spin-out of TNR's energy metals portfolio in 2011. ILC holds interests in lithium projects in Argentina, Ireland and Canada.

TNR retains a 1.8% NSR Royalty on the Mariana Lithium Project in Argentina. ILC has a right to repurchase 1.0% of the NSR Royalty on the Mariana Lithium Project, of which 0.9% relates to the Company's NSR Royalty interest. The Company would receive $900,000 on the completion of the repurchase. The project is currently being advanced in a joint venture between ILC and Ganfeng Lithium International Co. Ltd.

TNR provides significant exposure to gold through its 90% holding in the Shotgun Gold porphyry project in Alaska. The project is located in Southwestern Alaska near the Donlin Gold project, which is being developed by Barrick Gold and Novagold Resources Inc.

The Company's strategy with Shotgun Gold Project is to attract a joint venture partnership with one of the gold major mining companies. The Company is actively introducing the project to interested parties.

At its core, TNR provides significant exposure to gold, copper, silver and lithium through its holdings in Alaska (the Shotgun Gold porphyry project) and Argentina (the Los Azules Copper and the Mariana Lithium projects) and is committed to the continued generation of in-demand projects, while diversifying its markets and building shareholder value.

On behalf of the Board of Directors,

Kirill Klip
Executive Chairman

www.tnrgoldcorp.com

For further information concerning this news release please contact +1 604-229-8129.

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "will", "could" and other similar words, or statements that certain events or conditions "may" or "could" occur, although not all forward-looking statements contain these identifying words. Specifically, forward-looking statements in this news release include, but are not limited to, statements made in relation to: TNR's corporate objectives, changes in share capital, market conditions for energy commodities, the results of McEwen Mining's and ILC's PEAs, and improvements in the financial performance of the Company. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the Company's interim and annual Management's Discussion and Analysis which are available under the Company's profile on www.sedar.com. While management believes that the assumptions made and reflected in this news release are reasonable, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. In particular, there can be no assurance that: TNR will be able to repay its loans or complete any further royalty acquisitions or sales; debt or other financing will be available to TNR; or that TNR will be able to achieve any of its corporate objectives. TNR relies on the confirmation of its ownership for mining claims from the appropriate government agencies when paying rental payments for such mining claims requested by these agencies. There could be a risk in the future of the changing internal policies of such government agencies or risk related to the third parties challenging in the future the ownership of such mining claims. Given these uncertainties, readers are cautioned that forward-looking statements included herein are not guarantees of future performance, and such forward-looking statements should not be unduly relied on.

In formulating the forward-looking statements contained herein, management has assumed that business and economic conditions affecting TNR and its royalty partners, McEwen Mining Inc. and International Lithium Corp. will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.

Forward-looking information herein and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89724

Vancouver, British Columbia–(Newsfile Corp. – July 8, 2021) – Sun Summit Minerals Corp. (TSXV: SMN) (OTC Pink: SMREF) ("Sun Summit" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. and Eventus Capital Corp. (collectively, the "Agents") to act as co-lead agents and joint bookrunners in connection with a fully marketed, private placement for gross proceeds of up to C$ 4,000,000 (the "Offering"). The Offering is to be comprised of a combination of flow-through units of the Company (the "FT Units") at a price of C$ 0.66 per FT Unit and flow-through units of the Company to charitable purchasers (the "Charity FT Units") at a price of C$ 0.81 per Charity FT Unit. The Offering is subject to minimum gross proceeds of C$ 2,000,000 from the sale of Charity FT Units.

Each FT Unit and Charity FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a "FT Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall entitle the holder to purchase one (non-flow-through) common share of the Company (each, a "Warrant Share") at a price of C$ 0.90 for 24 months after the closing of the Offering.

The Agents will have an option, exercisable in full or in part up to 48 hours prior to the closing of the Offering, to sell up to an additional C$ 1,000,000 in any combination of FT Units and Charity FT Units at their respective offering price.

The Company intends to use the proceeds raised from the Offering for the exploration of the Company's Buck Property and other Canadian properties it may acquire. The gross proceeds from the issuance of the FT Shares will be used for "Canadian Exploration Expenses" (within the meaning of the Income Tax Act (Canada)) (the "Qualifying Expenditures"), which will be renounced with an effective date no later than December 31, 2021 to the purchasers of the FT Units and Charity FT Units in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each subscriber of FT Units and Charity FT Units for any additional taxes payable by such subscriber as a result of the Company's failure to renounce the Qualifying Expenditures.

The Offering is scheduled to close on or around July 29, 2021 and is subject to certain conditions including, but not limited to, the receipt of approval of the TSX Venture Exchange. The FT Shares, Warrants and Warrant Shares will have a hold period of four months from the closing date.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com.

For further information, contact:

Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com
Tel. 778-588-9606

Forward-Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; imprecision in resource and reserve estimates; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. (SMN) disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89759

Trading Expected to Commence on July 13, 2021

VANCOUVER, British Columbia, July 08, 2021 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L), an innovative technology and lithium project development company, announces that it has received approval to list its outstanding common shares on the NYSE American, LLC (the “NYSE American”).

Trading is expected to commence on the NYSE American at the open of markets on July 13, 2021 under the ticker symbol “SLI”. Trading on the OTCQX will cease concurrent with the NYSE American listing. The common shares of the Company will continue to trade on the TSX Venture Exchange under the new ticker symbol “SLI” concurrent with the NYSE American listing.

Robert Mintak, Chief Executive Officer of the Company, stated: “We are pleased to announce and privileged to receive approval for Standard Lithium to be listed on the NYSE American. This is a significant achievement for the Company. We believe the listing will greatly enhance Standard Lithium’s profile with US capital markets, increasing exposure to a larger and more diverse group of institutional and retail investors. It is also important to highlight that we achieved this milestone without a share consolidation.”

Dr Andy Robinson, President and Chief Operating Officer said: “This is an important step-up for Standard Lithium. Our team is working hard to becoming the next lithium producer in the United States while also demonstrating that with the right approach, extraction and sustainability are not exclusive of each other. This listing on the NYSE is a crucial step in growing the Company and will help us in hitting the important project and corporate goals over the coming quarters.”

Existing shareholders of the Company are not required to take any action in connection with the change in ticker symbol or the listing on NYSE American. Shareholders trading on the existing OTCQB platform will be able to trade on the NYSE American following completion of the listing.

About Standard Lithium Ltd.

Standard Lithium is an innovative technology and lithium development company. The Company's flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The Company has commissioned its first-of-a-kind industrial-scale direct lithium extraction demonstration plant at Lanxess's south plant facility in southern Arkansas. The demonstration plant utilizes the company's proprietary LiSTR technology to selectively extract lithium from Lanxess's tail brine. The demonstration plant is being used for proof-of-concept and commercial feasibility studies. The scalable, environmentally friendly process eliminates the use of evaporation ponds, reduces processing time from months to hours and greatly increases the effective recovery of lithium. The company is also pursuing the resource development of over 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino county, California.

Standard Lithium is listed on the TSX Venture Exchange under the trading symbol “SLL”; quoted on the OTC – Nasdaq Intl Designation under the symbol “STLHF”; and on the Frankfurt Stock Exchange under the symbol “S5L”. Please visit the Company’s website at www.standardlithium.com.

On behalf of the Board of Standard Lithium Ltd.

Robert Mintak, CEO & Director

For further information, contact Anthony Alvaro at (604) 240 4793

Twitter @standardlithium

LinkedIn https://www.linkedin.com/company/standard-lithium/

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

(Bloomberg) — Farmers may have to get used to paying high prices for fertilizer.

Prices of critical crop nutrients such as phosphate and potash have surged since late last year amid tight supplies, strong demand and geopolitical uncertainties in key producing nations. The extent of that rise has exceeded expectations, and prices will probably remain at elevated levels for longer than previously thought “because we don’t see inventories building up anywhere,” said Corrine Ricard, senior vice president at Mosaic Co., one of the world’s largest suppliers of the nutrients. Even in Brazil, where high crop prices and a weak currency have sent farm profits to record highs, pricey fertilizers may erode the coming season’s windfall.

“Farmers will start to see the affordability changing,” said Ricard, who heads Mosaic Fertilizantes, which operates in Brazil and Paraguay. “It will still be quite favorable for growers, although below 2020.”

Brazil, a major exporter of everything from soybeans to corn and coffee, accounts for a third of Mosaic’s sales. The company expects industry-wide demand in Brazil to total 43 million metric tons this year, up from 40.5 million in 2020. Soy and corn farmers have already locked in an estimated 85% of their nutrient needs.

“Brazil is the growth engine for the company,” she said. “The pace of demand in Brazil has been higher than expected — it has been phenomenal.”

More stories like this are available on bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

PITTSBURGH, July 8, 2021 /PRNewswire/ — CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q2 2021 at 6:45 a.m. Eastern Time on Thursday, July 29. At that time, CNX will issue a brief press release containing a link to presentation materials providing a Q2 2021 update, which will be available on CNX's Investor Relations website. This release will be followed by a conference call and webcast.

Conference Call Information

CNX Resources (NYSE: CNX)

10:00 a.m. ET: Thursday, July 29
Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)
Reference "CNX Resources Call"
Webcast: investors.cnx.com

A replay of the conference call and webcast will be maintained on the Investor Relations page on CNX's website.

About CNX Resources
CNX Resources Corporation (NYSE: CNX) is the premier independent natural gas development, production, and midstream company, with operations centered in the major shale formations of the Appalachian basin. Our vertically integrated model includes transmission, storage, gathering systems, and water infrastructure that support energy development from wellhead to end user. With the benefit of a more than 150-year legacy and a substantial asset base amassed over many generations, the company deploys a strategy focused on responsibly developing its resources to create long term per share value for its shareholders, employees, and the communities where it operates. As of December 31, 2020, CNX had 9.55 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Additional information may be found at www.cnx.com.

CNX Resources Corporation logo (PRNewsfoto/CNX Resources Corporation,CNX…)

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/cnx-resources-corporation-announces-second-quarter-2021-financial-results-and-conference-call-schedule-301327342.html

SOURCE CNX Resources Corporation

Silvercorp Metals (TSE:SVM) has had a rough month with its share price down 9.7%. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. In this article, we decided to focus on Silvercorp Metals' ROE.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.

Check out our latest analysis for Silvercorp Metals

How To Calculate Return On Equity?

ROE can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for Silvercorp Metals is:

11% = US$61m ÷ US$566m (Based on the trailing twelve months to March 2021).

The 'return' is the income the business earned over the last year. One way to conceptualize this is that for each CA$1 of shareholders' capital it has, the company made CA$0.11 in profit.

Why Is ROE Important For Earnings Growth?

Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don’t share these attributes.

Silvercorp Metals' Earnings Growth And 11% ROE

At first glance, Silvercorp Metals seems to have a decent ROE. Be that as it may, the company's ROE is still quite lower than the industry average of 15%. However, the moderate 11% net income growth seen by Silvercorp Metals over the past five years is definitely a positive. So, there might be other aspects that are positively influencing earnings growth. For instance, the company has a low payout ratio or is being managed efficiently. However, not to forget, the company does have a decent ROE to begin with, just that it is lower than the industry average. So this also provides some context to the earnings growth seen by the company.

Next, on comparing with the industry net income growth, we found that Silvercorp Metals' reported growth was lower than the industry growth of 29% in the same period, which is not something we like to see.

Earnings growth is a huge factor in stock valuation. It’s important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). This then helps them determine if the stock is placed for a bright or bleak future. What is SVM worth today? The intrinsic value infographic in our free research report helps visualize whether SVM is currently mispriced by the market.

Is Silvercorp Metals Efficiently Re-investing Its Profits?

In Silvercorp Metals' case, its respectable earnings growth can probably be explained by its low three-year median payout ratio of 10% (or a retention ratio of 90%), which suggests that the company is investing most of its profits to grow its business.

Besides, Silvercorp Metals has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 10%.

Conclusion

Overall, we feel that Silvercorp Metals certainly does have some positive factors to consider. In particular, it's great to see that the company is investing heavily into its business and along with a moderate rate of return, that has resulted in a respectable growth in its earnings. Having said that, on studying current analyst estimates, we were concerned to see that while the company has grown its earnings in the past, analysts expect its earnings to shrink in the future. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

TORONTO, July 08, 2021 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) announced strong preliminary production results from both of its mines and the smelter for the three and six months ended June 30, 2021.

“We achieved a new record for gold production in the second quarter as a result of strong performance from our mining operations,” said David Rae, President and Chief Executive Officer. “Our strong gold production, combined with solid smelter performance in Q2, positions us well to achieve our 2021 guidance at each of our operations.”

Production Highlights

Preliminary results for the second quarter and first half of 2021 are provided in the table below:

	Ore processed	Metals contained in concentrate produced		Payable metals in concentrate sold		Complex concentrate smelted
	(Kt)	Gold (K oz)	Copper (Mlbs)	Gold (K oz)	Copper (Mlbs)	(Kt)
Q2 2021
Chelopech	535,575	52,600	10.0	39,200	9.5	–
Ada Tepe	207,034	32,500	–	31,200	–	–
Tsumeb	–	–	–	–	–	59,600
Consolidated	742,610	85,100	10.0	70,400	9.5	59,600
YTD 2021
Chelopech	1,079,178	89,500	17.2	74,800	16.7
Ada Tepe	425,689	65,900	–	64,200	–
Tsumeb	–	–	–	–	–	82,600
Consolidated	1,504,866	155,400	17.2	139,000	16.7	82,600
2021 full-year guidance⁽¹⁾	2,925 – 3,125	271 – 317	34 – 39	243 – 285	31 – 36	200 – 220

(1) As disclosed in Management’s Discussion and Analysis (“MD&A”) for the quarter ended March 31, 2021, issued on May 5, 2021 and available at www.sedar.com and at www.dundeeprecious.com

Chelopech produced 52,600 ounces of gold and 10.0 million pounds of copper during the second quarter. Gold production, which increased significantly compared with the first quarter, was higher than expected as a result of mining higher grade zones and improved recoveries. Payable metals in concentrate sold for Chelopech also increased during the quarter, reflecting higher overall production, partially offset by the timing of pyrite concentrate shipments related to higher than anticipated production in the second half of June.

Ada Tepe continued to deliver strong gold production, producing 32,500 gold ounces in the second quarter, which was in line with the mine plan.

The Tsumeb smelter delivered solid performance during the second quarter, processing 59,600 tonnes of complex concentrate, an increase compared with the first quarter following the completion of the planned Ausmelt furnace maintenance in March.

With strong performance in the first half of the year, the Company is on track to meet its previously issued guidance for 2021 at each of its operations.

Dividend

As previously announced in May 2021, and in line with its disciplined capital allocation framework, DPM will pay a quarterly dividend of US$0.03 per share on July 15, 2021 to shareholders of record as at 5:00 p.m. Toronto local time on June 30, 2021.

Second Quarter 2021 Operating and Financial Results

The Company plans to release its second quarter 2021 operating and financial results after market close on Thursday, July 29, 2021. The news release, MD&A and consolidated financial statements will be posted on SEDAR at www.sedar.com and on the Company’s website at www.dundeeprecious.com.

On Friday, July 30, 2021 at 9 AM EDT, DPM will host a conference call and audio webcast to discuss the results, followed by a question-and-answer session. Participants are encouraged to dial into the call 15 minutes before its scheduled start time or to join via the audio webcast to reduce hold time in advance of the call.

The call-in numbers and webcast details are as follows:

Date and Time	Friday, July 30, 2020 9AM EDT
Webcast link	https://edge.media-server.com/mmc/p/4xh46g4h
Telephone dial-in	Toll-free (Canada and US): 1-844-402-0878 International: +1-478-219-0512 Passcode: 8784570
Replay (available for 7 days following the call)	Toll-Free (Canada and US): 1-855-859-2056 International: +1-404-537-3406 Passcode 8784570

Technical Information

The technical and scientific information in this press release has been reviewed and approved by Ross Overall, B.Sc. (Applied Geology), Corporate Mineral Resource Manager of DPM, who is a Qualified Person as defined under National Instrument 43-101, and not independent of the Company.

About Dundee Precious Metals Inc.

Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia and Serbia. The Company’s purpose is to unlock resources and generate value to thrive and growth together. This overall purpose is supported by a foundation of core values, which guides how the Company conducts its business and informs a set of complementary strategic pillars and objectives related to ESG, innovation, optimizing our existing portfolio, and growth. The Company’s resources are allocated in-line with its strategy to ensure that DPM delivers value for all of its stakeholders. DPM’s shares are traded on the Toronto Stock Exchange (symbol: DPM).

For further information please contact:

David Rae
President and Chief Executive Officer
Tel: (416) 365-5092
drae@dundeeprecious.com

Jennifer Cameron
Director, Investor Relations
Tel: (416) 219-6177
jcameron@dundeeprecious.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward looking statements” or “forward looking information” (collectively, “Forward Looking Statements”) that involve a number of risks and uncertainties. Forward Looking Statements are statements that are not historical facts and are generally, but not always, identified by the use of forward looking terminology such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “outlook”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or that state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms or similar expressions. The Forward Looking Statements in this press release relate to the Company’s outlook for its 2021 production performance. Forward Looking Statements are based on certain key assumptions and the opinions and estimates of management, as of the date such statements are made, and they involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any other future results, performance or achievements expressed or implied by the Forward Looking Statements. In addition to factors already discussed in this press release, such factors include, among others, risks relating to the Company’s business generally and as magnified by the impact of COVID-19, including, changes to the Company’s supply chain; product shortages; delivery and shipping issues; closures and/or failure of plant, equipment or processes to operate as anticipated; employees and contractors becoming infected with COVID-19; lost work hours; labour force shortages; fluctuations in metal and acid prices, toll rates and foreign exchange rates; possible variations in ore grade and recovery rates; uncertainties inherent with conducting business in foreign jurisdictions where corruption, civil unrest, political instability and uncertainties with the rule of law may impact the Company’s activities; limitation on insurance coverage; accidents, labour disputes and other risks of the mining industry; social and non-government organizations opposition to mining projects and smelting operations; unanticipated title disputes; claims or litigation; cyber attacks; as well as those risk factors discussed or referred to in any other documents (including without limitation the Company’s most recent Annual Information Form) filed from time to time with the securities regulatory authorities in all provinces and territories of Canada and available on SEDAR at www.sedar.com. The reader has been cautioned that the foregoing list is not exhaustive of all factors which may have been used. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward Looking Statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that Forward Looking Statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company’s Forward Looking Statements reflect current expectations regarding future events and speak only as of the date hereof. Unless required by securities laws, the Company undertakes no obligation to update Forward Looking Statements if circumstances or management’s estimates or opinions should change. Accordingly, readers are cautioned not to place undue reliance on Forward Looking Statements.

Dieppe, New Brunswick–(Newsfile Corp. – July 8, 2021) – Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that its partner Tocvan Ventures Corp. ("Tocvan") has reported assays from 6 holes completed on its 20-hole (2,500 metres) Phase II reverse circulation ("RC") drill program at the Pilar Gold and Silver Project, Sonora, Mexico. Tocvan is in year two of a five-year option agreement with Colibri to earn an initial 51% ownership of the Pilar Gold-Silver Project. For full details of the agreement see Colibri's news release dated September 24th, 2019.

Highlights and discussion of the assay results as reported by Tocvan are as follows:

JES-21-47

47.3 meters at 0.75 g/t Au and 5 g/t Ag (0.80 g/t AuEq) from surface to 47.3 meters
- Including 12.2 meters at 1.1 g/t Au and 12 g/t Ag from surface to 12.2 meters
- Also 19.8 meters at 1.06 g/t Au and 4 g/t Ag from 27.5 to 47.3 meters
- Including 3.1 meters at 5.6 g/t Au and 22 g/t Ag from 44.2 to 47.3 meters

JES-21-44

44.2 meters at 0.41 g/t Au and 4 g/t Ag (0.45 g/t AuEq) from 10.7 to 54.9 meters
- Including 7.6 meters at 1.7 g/t Au and 7 g/t Ag from 47.3 to 54.9 meters

Discussion of Results

Complete assay results from the 6 holes are reported in the table below and the locations of the 6 holes are highlighted on the drill hole plan map (Figure 1). JES-21-44 was planned to test the 4-Trench Extension target and intersected a broad low-grade zone from 10.7 to 54.9m of 0.41 g/t Au, including a higher-grade section of 7.6m of 1.7g/t Au and 7 g/t Ag (see Table 1). Historic results from drill hole N-12 intersected 4.5m of 1.42 g/t Au, 40m to the east of JES-21-44. JES-21-47 was planned to test southeast along the Main Zone Trend 100m from drill hole JES-20-32. The hole also tested 60m down-dip of historic hole JES-18-03, which intersected 13.5m of 5.6 g/t Au and 22 g/t Ag (Figure 2). Hole JES-21-47 intersected a broad zone of mineralization from surface to 47.3m of 0.75 g/t Au and 5 g/t Ag with a higher-grade interval of 3.1m of 5.6 g/t Au and 22 g/t Ag.

Figure 1. Planview Map of Phase II Drill Program Update

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/4269/89763_57349cd884a45bc3_001full.jpg

Figure 2. Cross-Section of Drill Hole JES-21-47

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/4269/89763_57349cd884a45bc3_002full.jpg

Table 1. Summary of Drill Results

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/4269/89763_table.jpg

*Insufficient drilling has been undertaken to determine true widths. All widths reported are core length. Gold equivalent ("AuEq") is calculated using metal prices of $1,700/oz gold and $18/oz silver.

ABOUT THE PILAR PROPERTY:

The Pilar Gold-Silver property is interpreted as a structurally controlled low-sulphidation epithermal project hosted in andesite rocks. Three zones of mineralization have been identified in the north-west part of the property from historic surface work and drilling and are referred to as the Main Zone, North Hill and 4-Trench. Structural features and zones of mineralization within the structures follow an overall NW-SE trend of mineralization. Over 19,200 m of drilling have been completed to date. Significant results are highlighted below:

2020 Phase I RC Drilling Highlights include (all lengths are drilled thicknesses):
- 94.6m @ 1.6 g/t Au, including 1.5 m @ 9.2m @ 10.8 g/t Au and 38 g/t Ag;
- 41.2m @ 1.1 g/t Au, including 3.1m @ 6.0g/t Au and 12 g/t Ag ;
- 24.4m @ 2.5 g/t Au and 73 g/t Ag, including 1.5m @ 33.4 g/t Au and 1,090 g/t Ag
17,700m of Historic Core & RC drilling. Highlights include:
- 61.0m @ 0.8 g/t Au
- 16.5m @ 53.5g/t Au and 53 g/t Ag
- 13.0m @ 9.6 g/t Au
- 9.0m @ 10.2 g/t Au and 46 g/t Ag

ABOUT COLIBRI RESOURCE CORPORATION:

Colibri is a Canadian-based mineral exploration company listed on the TSX-V (CBI) and is focused on acquiring and exploring prospective gold & silver properties in Mexico. The Company has six exploration projects of which five currently have exploration programs being executed or planned for 2021. The flagship Evelyn Gold Project is 100% owned and explored by Colibri. The Company has four additional projects, Pilar Gold & Silver Project (optioned to Tocvan Ventures-(CSE: TOC)), El Mezquite Gold & Silver Project , Jackie Gold & Silver Project, and the Diamante Gold & Silver Project (earn-in agreements with Silver Spruce Resources – (TSXV: SSE)) are also currently being actively advanced.

For more information about all Company projects please visit: www.colibriresource.com.

Notice Regarding Forward-Looking Statements:

This news release contains "forward-looking statements". Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate.

For further information: Ronald J. Goguen, President, Chairperson and Director, Tel: (506) 383-4274, rongoguen@colibriresource.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89763

VANCOUVER, British Columbia, July 08, 2021 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) reports production of 1,073,724 silver ounces (oz) and 11,166 gold oz in Q2, 2021, for silver equivalent (“AgEq”) production of 2.0 million oz at an 80:1 silver:gold ratio. Production continues to outpace the 2021 production guidance of 6.1-7.1 million silver equivalent ounces, totaling 3.9 million AgEq oz for the 6 months ended June 30, 2021.

Quarterly production increased significantly compared to Q2, 2020, when mining operations were temporarily suspended as mandated by the Mexican government to halt the spread of the COVID-19 pandemic from April 2020 to late May 2020.

2021 Second Quarter Highlights

Consolidated Production Ahead of Plan: Silver equivalent production at each mine is on track to meet or exceed 2021 production plans.
Guanacevi Production Ahead of Plan: Higher throughput and higher grades resulted in production exceeding plan during the quarter and ahead of the annual plan.
Bolanitos Production on Plan: Processed tonnes were ahead of plan, offset by slightly lower ore grades than planned during the quarter.
El Compas Production on Plan: Processed tonnes were ahead of plan, offset by slightly lower ore grades than planned during the quarter.
Metal Sales and Inventories: Sold 1,120,266 oz silver and 9,810 oz gold, held 459,659 oz silver and 1,891 oz gold of bullion inventory and 12,159 oz silver and 944 oz gold in concentrate inventory. Management withheld metal from sale during the price correction over last two weeks of June and plans to sell the withheld metal inventory in anticipation of a precious metal prices rebound in 2021.
Sold the El Cubo Assets: Completed the sale of the El Cubo mine in Guanajuato, Mexico to Guanajuato Silver (Formerly named VanGold Mining Corp) for $15 million in cash and share payments, with up to $3 million in contingent payments.
Seamless Management Succession Plan: Bradford Cooke stepped down as CEO and assumed the role of Executive Chair of the Company following the AGM on May 12, 2021. Dan Dickson assumed the role of CEO and Christine West was promoted to CFO.
Delivered Positive Brownfields Exploration Results at Guanacevi and Bolanitos: Drilling continued to intersect high-grade silver-gold mineralization in the Santa Cruz vein at Guanacevi, and in the Medallito and Belen veins at Bolanitos.
Delivered Positive Regional Exploration Result at the Terronera Development Project: Intercepted high-grade silver-gold mineralization in a number of structures near the Terronera vein. The Project Management Team continues to advance the feasibility study, which is expected to be completed during the third quarter of 2021.

Dan Dickson, Endeavour CEO, commented, “I am excited to lead the Endeavour team into the Company’s next chapter. I want to commend our management and employees who have professionally navigated the global pandemic with care and understanding for our fellow workers, business partners and communities. As an organization, our goal is to be a leader in our communities while delivering safe, sustainable production.”

In Q2, Endeavour delivered positive results in operations and exploration and is pushing to advance the Terronera project to a development decision with the completion of the Terronera Feasibility Study in Q3, 2021.”

Mine Operations

Consolidated silver and gold production in Q2, 2021 were both higher than Q2, 2020 due to the suspension of the Guanacevi, Bolanitos and El Compas mines as a result of the COVID-19 pandemic in Q2, 2020. Q2, 2021 production slightly exceeded plan as higher throughput at each operation contributed to the higher production.

Guanacevi throughput exceeded plan and was the highest quarterly throughput since 2014 as operations continued to outperform. Mining the new higher grade El Curse orebodies has led to significantly improved grades and mine plan flexibility. Additionally, supplies of local third-party ores continued to supplement mine production, amounting to 10% of quarterly throughput, and contributed to the higher ore grades.

Bolanitos and El Compas processed tonnes, were all higher compared to plan, partly offset by slightly lower grades due to normal variations in the ore body. It is expected that grades will align with planned grades over the course of the year. As previously disclosed by the Company (see EDR news release dated January 7, 2021), the existing reserve at El Compas is limited and sufficient to continue mining until mid-2021. Management is currently assessing alternatives, including temporary closure.

COVID-19 pandemic remains relevant in Mexico, and at the Company’s business locations, process and protocols remain in place to ensure staff and workers as well as our communities remain as safe as possible. Vaccination programs are advancing in Mexico to allow a return of a new normal in the second half of this year.

Production Highlights for Three Months and Six Months Ended June 30, 2021

Three Months Ended June 30			Q2 2021 Highlights	Six Months Ended June 30
2021	2020	% Change	Q2 2021 Highlights	2021	2020	% Change
242,018	114,120	112%	Throughput (tonnes)	451,471	313,447	44%
1,073,724	596,545	80%	Silver ounces produced	2,121,824	1,454,204	46%
11,166	5,817	92%	Gold ounces produced	22,275	14,293	56%
1,062,267	590,618	80%	Payable silver ounces produced	2,098,977	1,440,409	46%
10,955	5,717	92%	Payable gold ounces produced	21,849	14,037	56%
1,967,004	1,061,905	85%	Silver equivalent ounces produced⁽¹⁾	3,903,824	2,597,644	50%
1,120,266	634,839	76%	Silver ounces sold	1,743,645	1,300,339	34%
9,810	5,218	88%	Gold ounces sold	20,473	12,672	62%

⁽¹⁾Silver equivalent ounces calculated using 80:1 ratio.

Production Tables for Second Quarter, 2021 by Mine ⁽¹⁾

Production	Tonnes	Tonnes	Grade	Grade	Recovery	Recovery	Silver	Gold
by mine	Produced	per day	Ag gpt⁽¹⁾	Au gpt⁽¹⁾	Ag %	Au %	Oz	Oz
Guanaceví	111,893	1,230	308	0.98	84.8%	87.5%	939,241	3,084
Bolañitos	107,912	1,186	39	2.14	88.7%	91.0%	120,044	6,753
El Compas	22,213	244	30	2.45	67.4%	76.0%	14,439	1,329
Consolidated	242,018	2,660	163	1.63	84.9%	87.9%	1,073,724	11,166

⁽¹⁾gpt = grams per tonne

Production Tables for Six Months Ended June 30, 2021 by Mine ⁽¹⁾

Production	Tonnes	Tonnes	Grade	Grade	Recovery	Recovery	Silver	Gold
by mine	Produced	per day	Ag gpt⁽¹⁾	Au gpt⁽¹⁾	Ag %	Au %	Oz	Oz
Guanaceví	200,525	1,102	335	1.01	86.0%	89.5%	1,857,458	5,827
Bolañitos	205,604	1,130	39	2.15	87.8%	91.0%	226,271	12,935
El Compas	45,342	249	39	3.30	67.0%	73.0%	38,095	3,513
Consolidated	451,471	2,481	170	1.76	85.8%	87.2%	2,121,824	22,275

⁽²⁾gpt = grams per tonne

Paloma Drill Results

Endeavour drilling has confirmed widespread alteration and low grade gold mineralization at its Paloma project. The Paloma project is a high-sulphidation, epithermal-style hydrothermal system located in the Chilean Miocene deposit belt, 180 kilometers southeast of the city of Calama, 5,000 metres above sea level. Endeavour has an option to acquire up to 70% ownership of 5,100 hectares from Compañía Minera del Pacifico.

To date, Endeavour completed 5,945 metres of diamond drilling in 13 drill holes. Highlights include 0.4 grams per tonne of gold over 46 metres true width, however it is interpreted that the drilling did not reach the core of the system. The exploration team is currently analyzing the drill results to develop the next phase drill program to test for the possibility of higher grade mineralization.

Management Appointment

Endeavour Silver is pleased to announce that Galina Meleger has been promoted to the position of Vice President of Investor Relations effective July 15^th, 2021. Galina has been with Endeavour Silver since 2017 and brings extensive knowledge and leadership to her role with a strong understanding of business goals and a global investor network. Galina Meleger has over 15 years’ experience in the resource sector, in the capacity of investor relations, corporate communications and more recently ESG. During 2021, Galina was the recipient of several industry awards including the “Belle Mulligan Award for Leadership in Investor Relations” from CIRI (Canadian Investor Relations Institute) and the “30 under 40” which honors the most talented individuals in the investor relations community from NIRI (National Investor Relations Institute). Galina’s career history includes successful and highly regarded companies, with international listings, including, Newmarket Gold and then subsequently Kirkland Lake Gold, KGHM, and Copper Mountain Mining Corporation.

Release of Second Quarter, 2021 Financial Results and Conference Call

The 2021 Second Quarter Financial Results will be released before market on Tuesday, August 10, 2021 and a telephone conference call will be held the same day at 10:00am PT (1:00pm ET). To participate in the conference call, please dial the numbers below. No pass code is necessary.

Toll-free in Canada and the US: 1-800-319-4610
Local Vancouver: 604-638-5340
Outside of Canada and the US: +604-638-5340

A replay of the conference call will be available by dialing 1-800-319-6413 in Canada and the US (toll-free) or +604-638-9010 outside of Canada and the US. The required pass code is 7318#. The audio replay and a written transcript will be available on the Company’s website at www.edrsilver.com under the Investor Relations, Events section.

Qualified Person and QA/QC – Dale Mah, P.Geo., Vice President Corporate Development of Endeavour Silver, is the Qualified Person who reviewed and approved the technical information contained in this news release. A Quality Control sampling program of reference standards, blanks and duplicates has been instituted to monitor the integrity of all assay results. All samples are split at the local field office and shipped to SGS Labs, where they are dried, crushed, split and 250 gram pulp samples are prepared for analysis. Gold is determined by fire assay with an atomic absorption (AAS) finish and silver by aqua regia digestion with ICP finish, over-limits by fire assay and gravimetric finish.

About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently advancing the Terronera mine project towards a development decision and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer. Our philosophy of corporate social integrity creates value for all stakeholders.

SOURCE Endeavour Silver Corp.

Contact Information:
Galina Meleger, Director, Investor Relations
Toll free: (877) 685-9775
Tel: (604) 640-4804
Email: gmeleger@edrsilver.com
Website: www.edrsilver.com

Follow Endeavour Silver on Facebook, Twitter, Instagram and LinkedIn

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking statements and information herein include but are not limited to statements regarding the impact of suspension of mining operations, Endeavour’s anticipated performance in 2021, including production forecasts, cost estimates and metal price estimates, and the timing and results of mine expansion and development and receipt of various permits. The Company does not intend to and does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.

Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Endeavour and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, uncertainty of the ultimate impact of the COVID 19 pandemic on operations, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and Mexico; operating or technical difficulties in mineral exploration, development and mining activities; risks and hazards of mineral exploration, development and mining; metal prices; the speculative nature of mineral exploration and development, risks in obtaining necessary licenses and permits, and challenges to the Company’s title to properties; as well as those factors described in the section “risk factors” contained in the Company’s most recent form 40F/Annual Information Form filed with the S.E.C. and Canadian securities regulatory authorities.

Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the continued operation of the Company’s mining operations, the impact of the COVID 19 pandemic on mining operations in Mexico generally, and the Company’s operations specifically, no material adverse change in the market price of commodities, mining operations will operate and the mining products will be completed in accordance with management’s expectations and achieve their stated production outcomes, resource and reserve estimates, metal prices, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.

RALEIGH, NC / ACCESSWIRE / July 8, 2021 / Access to Giving – an investor conference themed around investor education and advocacy begins next week, July 13^th – 15^th, 2021. More than 50 companies are scheduled to conduct virtual presentations over the three-day period as well as 1×1 meetings with qualified investors throughout the event.

John Hope Bryant, guest host on CNBC and CEO of Operation HOPE will deliver the keynote to kick off the conference on Tuesday, July 13^th at 9 am ET. Three educational panels will also take place over the three days at 11 am each day. The panels are as follows:

Tuesday, July 13^th, 2021
Panel: ESG
Speakers: Andy Behar, CEO, As You Sow and Dr. Christine Chow, IHS Markit

Wednesday, July 14^th, 2021
Panel: Pledge 1% – How Companies & VCs/Investors Can Leverage Equity for Social Impact
Speakers: Jan D'Alesandro, Tim Connors and Jessica Lindl

Thursday, July 15^th, 2021
Panel: Human Capital
Speakers: Starla Sampaco, Nihad Karabernou McBride and Georgia Homsany

A live webcast, including audio, video, and presentation slides, will be accessible for registered participants here. Interested parties unable to watch the live webcast will be able to view and listen to an archived copy of the webcast, which will be available here as well following the conclusion of the event.

Join us and gain an understanding and potential trends and key value drivers across a wide array of industries. If you are a qualified investor, register here and pledge to take meetings. If you're new to the investment world, come listen to some presentations, panels, and learn more.

The full agenda can be found here, and the full event website can be found here.

To receive additional information, request an invitation or to schedule a one-on-one meeting, please email Angie Goertz or call 919-228-6240.

Companies registered to date:

Organization	Ticker	Website
Acer Therapeutics	ACER	http://www.acertx.com
Addex Therapeutics Ltd.	ADXN	https://www.addextherapeutics.com/en/
Agile Therapeutics, Inc.	AGRX	https://agiletherapeutics.com/
Alpha Cognition	ACOG	https://www.alphacognition.com/
Altigen Communications	ATGN	https://www.altigen.com/
ARCA biopharma, Inc.	ABIO	https://arcabio.com/
Auddia Inc.	AUUD	https://auddia.com/
AYRO Inc	AYRO	http://www.ayro.com
Basanite Industries	BASA	https://www.basaniteindustries.com/
Biomerica	BMRA	https://www.biomerica.com/
BK Technologies	BKTI	http://www.bktechnologies.com
Blessed Bites	PRIVATE	https://www.theblessedbites.com/
Blue Star Foods	BSFC	https://www.bluestarfoods.com/
BriaCell Therapeutics Co	BCTX	https://briacell.com/
Brooklyn Immunotherapeutics	BTX	https://www.brooklynitx.com/
Data Storage Corporation	DTST	https://www.datastoragecorp.com/
Delcath Systems Inc.	DCTH	http://delcath.com
Diamcor Mining Inc.	DMIFF	http://www.diamcormining.com/
Dolphin Entertainment Inc.	DLPN	https://www.dolphinentertainment.com
Flux Power Holdings	FLUX	http://www.fluxpower.com
Greenbrook TMS NeuroHealth Centers	GBNH	https://www.greenbrooktms.com/
HAVN Life Sciences Inc. (HAVLF)	HAVLF	https://havnlife.com/
Hollywall Entertainment	HWAL	https://hollywall.com/
Issuer Direct Corporation	ISDR	https://www.issuerdirect.com
Issuer Pixel	PRIVATE	https://issuerpixel.com/
Item 9 Labs Corp. (INLB)	INLB	https://www.item9labscorp.com/
Know Labs, Inc. (KNWN)	KNWN	https://www.knowlabs.co/
LexaGene	LXXGF	https://lexagene.com/
Mechanical Technology, Incorporated	MKTY	https://www.mechtech.com/
Metamaterial, Inc.	MMATF	https://metamaterial.com/
Miravo Healthcare	MRVFF	https://www.miravohealthcare.com/
Nemaura Medical	NMRD	https://nemauramedical.com/
Nephros, Inc.	NEPH	https://www.nephros.com/
NeuroOne Medical Technologies Corp.	NMTC	https://n1mtc.com/
NLS Pharmaceuticals	NLSP	https://nlspharma.com/
Oblong Inc.	OBLG	https://www.oblong.com/
Panbela Therapeutics, Inc.	PBLA	https://panbela.com/
Petros Pharmaceuticals	PTPI	https://www.petrospharma.com/
POSaBIT Systems Corporation	POSAF	https://www.posabit.com/
Processa Pharmaceuticals, Inc.	PCSA	https://processapharmaceuticals.com/
ProPhase Labs, Inc.	PRPH	https://www.prophaselabs.com/
Protagenic Therapeutics, Inc.	PTIX	https://protagenic.com/
Quality Online Education Group Inc.	QOEG	http://qualityonline.education
Quipt Home Medical	QIPT	https://www.protechhomemedical.com/
Soligenix, Inc.	SNGX	http://www.soligenix.com
Star Equity Holdings	STRR	https://www.starequity.com/home
Tego Cyber Inc.	TGCB	https://tegocyber.com
Thunderbird Entertainment	THBRF	http://thunderbird.tv/
TraQiQ Inc.	TRIQ	https://www.traqiq.com/
Uncommon Giving Corporation	PRIVATE	https://uncommon.today/
Verb Technology Company	VERB	http://www.verb.tech
Wellteq	WTEQ	https://wellteq.co/
Windtree Therapeutics, Inc.	WINT	http://www.windtreetx.com

About Access to Giving
Access to Giving is the first-of-its-kind virtual investor conference and will be held July 13^th – 15^th, 2021. Companies will have the opportunity to tell their story and conduct 1×1's with qualified investors for charity. 100% of monies raised through donations for 1×1 meetings will be given to causes that are focused on financial literacy and financial education.

About Issuer Direct Corporation
Issuer Direct® is an industry-leading communications and compliance company focusing on the needs of corporate issuers. Issuer Direct's principal platform, Platform id. ™, empowers users by thoughtfully integrating the most relevant tools, technologies, and services, thus eliminating the complexity associated with producing and distributing financial and business communications. Headquartered in Raleigh, NC, Issuer Direct serves thousands of public and private companies globally. For more information, please visit www.issuerdirect.com.

Contact Information:
Angie Goertz, Vice President of Events
Issuer Direct Corporation
Office: (919) 228-6240
Email: Angie.Goertz@IssuerDirect.com

SOURCE: Access to Giving – Issuer Direct

View source version on accesswire.com:
https://www.accesswire.com/654764/50-Companies-to-Present-at-the-Access-to-Giving-Virtual-Investor-Conference-on-July-13th–15th-2021

Potential Grange Resources Limited (ASX:GRR) shareholders may wish to note that the CEO, MD & Executive Director, Honglin Zhao, recently bought AU$265k worth of stock, paying AU$0.60 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 34%.

See our latest analysis for Grange Resources

Grange Resources Insider Transactions Over The Last Year

In fact, the recent purchase by Honglin Zhao was the biggest purchase of Grange Resources shares made by an insider individual in the last twelve months, according to our records. We do like to see buying, but this purchase was made at well below the current price of AU$0.72. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Grange Resources is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership of Grange Resources

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 9.4% of Grange Resources shares, worth about AU$79m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Grange Resources Insider Transactions Indicate?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Grange Resources shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Grange Resources. At Simply Wall St, we found 2 warning signs for Grange Resources that deserve your attention before buying any shares.

But note: Grange Resources may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

British-Dutch oil and gas company Royal Dutch Shell PLC sign , commonly known as Shell is seen on September 14, 2020 in Warsaw, Poland. (Photo by Aleksander Kalka/NurPhoto via Getty Images) — Shell said it would increase payouts to shareholders from its second quarter. Photo: Aleksander Kalka/NurPhoto via Getty Images

The FTSE 100 (^FTSE) jumped higher on Wednesday, boosted by rallying oil and mining stocks.

The FTSE had gained half a per cent by lunchtime in London. The index was initially boosted by Royal Dutch Shell (RDSB.L) before surging mining stocks took over the lead.

Oil major rose over 2% in early trade after announcing plans to hike payouts to shareholders later this month. Shell said it would increase distributions to between 20% and 30% of cashflow from its operations thanks to a rebound in its core business and an improving outlook. The stock pulled back to trade up 1.5% by lunchtime.

Rival BP (BP.L) rallied 0.7% on the back of Shell's announcement. Both stocks also benefited from rising oil prices. Brent futures (BZ=F) were up 1.5% in early trade to reach $75.66 a barrel.

Mining and resources stocks were in demand in London. Anglo American (AAL.L) led the FTSE leaderboard by lunchtime with a gain of 3%. BHP (BHP.L) rose 2.4%, Rio Tinto (RIO.L) was 2% higher, and steel business Evraz (EVR.L) rose 1.9%.

Stocks were catching bids on the continent too. France's CAC 40 (^FCHI) was up 0.1% in early trade and the German DAX (^GDAXI) rose 0.9%. Demand for resources helped the German index too, with Heidelberg Cement (HEI.DE) shooting up 4.4%.

Markets were mostly lower in Asia overnight. Japan's Nikkei (^N225) fell 1% as the country's leading economic index came in lower than expected. South Korea's KOSPI (^KS11) slipped 0.6%. On the Chinese mainland, the Shanghai Composite (000001.SS) rallied 0.7% and the Shenzen Component (399001.SZ) gained 1.8%.

The Hong Kong Hang Seng (^HSI) dropped 1% amid mounting fears about Chinese action against tech giants such as Alibaba (9988.HK) and Didi (DIDI).

Shares in ride-hailing giant Didi crashed 20% in its New York IPO after Chinese regulators opened a data probe of the company and called for its removal from the country's app store. The stock was down another 3.9% in the pre-market.

Wall Street looks set for a higher open. S&P 500 futures (ES=F) were up 0.2%, Dow futures (YM=F) were up 0.1%, and Nasdaq futures (NQ=F) ticked 0.5% higher.

Watch: What are SPACs?

CONNECT WITH US

Tweets

Tweet with hash tag #miningfeeds or @miningfeeds and your tweets will be displayed across this site.

Tweets by MiningFeeds

MOST ACTIVE MINING STOCKS

Daily Gainers


CMC Metals Ltd.	CMB.V	+900.00%
Eden Energy Ltd	EDE.AX	+200.00%
GoviEx Uranium Inc.	GXU.V	+42.86%
Eagle Nickel Ltd.	ENL.AX	+41.67%
Citigold Corp. Limited	CTO.AX	+33.33%
Mount Burgess Mining NL	MTB.AX	+33.33%
Exalt Resources Limited	ERD.AX	+31.94%
Casa Minerals Inc.	CASA.V	+30.00%
Cariboo Rose Resources Ltd	CRB.V	+28.57%
Belmont Resources Inc.	BEA.V	+28.57%

Resource Category	Brine Volume* (Mm³)	Brine Volume (GL)	Brine Density (g/mL)	Li (mg/L)	K (mg/L)	Li (kt)	LCE^# (kt)	LiCl^# (kt)
Measured	17,653	2,648	1.217	315	9,598	833	4,436	5,089
Indicated	9,286	1,393	1.213	326	10,044	454	2,418	2,774
Inferred	4,747	712	1.211	334	10,121	238	1,267	1,454
Measured + Indicated	26,939	4,041	1.215	319	9,752	1,287	6,854	7,863

Geotechnical drill holes

Location of geotechnical drill holes at Grassy Mountain

More recent articles from Smarter Analyst:

Figure 1: Location of Geological Traces

Figure 1: Location of Geological Traces

Figure 2: Exploration Diamond Core Holes – Major Drilling

Figure 2: Exploration Diamond Core Holes – Major Drilling

Figure 3: Lithium carbonate, 99.5% Li2CO3 min, battery grade, spot price cif China, Japan & Korea, $/kg (midpoint)

Figure 3: Lithium carbonate, 99.5% Li2CO3 min, battery grade, spot price cif China, Japan & Korea, $/kg (midpoint)

Figure 1

Map depicting select mineralized zones at Plata in relation to the Plata Thrust Fault and the Aho Zone

How To Calculate Return On Equity?

Why Is ROE Important For Earnings Growth?

Silvercorp Metals' Earnings Growth And 11% ROE

Is Silvercorp Metals Efficiently Re-investing Its Profits?

Conclusion

Grange Resources Insider Transactions Over The Last Year

Insider Ownership of Grange Resources

So What Do The Grange Resources Insider Transactions Indicate?

CONNECT WITH US

Tweets

MOST ACTIVE MINING STOCKS

Daily Gainers

Articles

FOUND POSTS

Peru to Open 37,000 Hectares to Attract Mining Exploration Investment

Venezuela’s Lawmakers Advance Mining Reform to Attract Foreign Investment

Solaris Resources (TSX:SLS) Expands Warintza Copper District as Investor Interest Grows

Ontario Accelerates Roads to Unlock Ring of Fire Mining Potential by 2031

Lucas Birdsall on the Impact of Copper and Silver Production on COMEX Futures