Malartic

PALM BEACH, Fla., Nov. 2, 2023 /PRNewswire/ -- Economic uncertainty, a major driver of the present precious metal market recovery, looms big, in the global financial arena. Precious metals such as gold, silver, platinum, and palladium have traditionally been considered safe-haven investments, but current market conditions have increased the value of these assets. In an era of economic turbulence and uncertainty, precious metals shine as a beacon of financial security.  Concerns about the purchasing power of money have increased the appeal of gold, silver, platinum, and palladium. The low-interest-rate environment, which central banks have maintained to spur economic recovery, has made traditional interest-bearing investments less appealing. Investors have also become more concerned about stock market volatility and the ever-present risk of a market correction or disaster. Economic instability has created a desire for diversity, pushing investors to add precious metals to their portfolios to limit risks and hedge against the chance of a quick market recession.  A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033. It said the gold segment has witnessed a surge in demand over the past few years and accounted for a market share of around 81.5% in 2022 and the silver segment is forecasted to expand at a CAGR of 2.5% over the next 10 years.  Active mining companies in markets include:  Regency Silver Corp. (OTCQB: RSMXF) (TSX-V: RSMX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Hercules Silver Corp. (OTCQB: BADEF) (TSX-V: BIG), Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).

The Corporations flagship project, Marban Engineering, will be re-named the Marban Alliance project, and the project previously referred to as Marban Regional, covering broader regional exploration properties, will be re-named the Horizon project.

In this news release, the Corporation is reporting 22 significant intercepts in 13 drill holes from the Malartic H deposit drill program completed in March 2023, which expands upon the 17 significant intercepts disclosed in O3 Mining's new release dated May 16, 2023 (entitled "O3 Mining Intersects 5.9 g/t Au Over 10.1 Metres on Malartic H").

TORONTO, Nov. 14, 2022 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA:2JR1) (“Jourdan”, “Jourdan Resources”, or the “Company“) is pleased to announce that it has signed an earn-in agreement and joint venture agreement (the “Agreement”) with Sayona Mining Limited’s (ASX: SYA; OTCQB: SYAXF) (“Sayona”) subsidiary, North American Lithium Inc., in relation to the Company’s Vallée lithium project. The Company is also pleased to announce that Sayona’s subsidiary, Sayona Québec Inc., has entered into an agreement with the Company to acquire 27,000,000 common shares of the Company (the “Common Shares”), representing approximately 9.9865% of the issued and outstanding Common Shares (on a post-closing basis), at a price of $0.0556 per Common Share for gross proceeds of $1,501,200 (the “Private Placement”). The Private Placement is expected to close within two (2) business days. Upon closing of the Private Placement, Sayona will have the right to nominate one director to the Company’s board of directors. All securities issued in connection with the Private Placement will be subject to a statutory hold period of four-months and one day. Completion of the Private Placement is subject to a number of conditions, including without limitation, receipt of TSX Venture Exchange approval. No finder’s fees will be paid in connection with the Private Placement. The Company intends to use the net proceeds of the Private Placement for working capital and general corporate purposes.