Jiangxi has also agreed that it will not dispose of its shares under a block deal.

The company is optimistic about the potential of its Red Lake assets in the storied gold district of northern Ontario.

Mineralization was extended over a 895-metre interval grading 0.26% copper and 0.32 g/t gold.

Alamos has budgeted $19 million for exploration at Island Gold in 2024.

The move follows the sale of the Nickel King property, highlighting the company's focus on advancing the South Crofty tin project in the UK.

The new results are highlighted by another high-grade interval of 6 metres at 5.31 g/t gold.

The Stobie pit is the first phase of Vale's C$945 million plans to revitalize the copper complex in Sudbury.

The current resource estimate for the Big Whopper deposit includes 10.08 million tonnes of measured and indicated resources at 1.35% Li2O.