Mining News Releases & Company Updates - Page 100
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Honey Badger Silver Announces Closing of First Tranche of Non-Brokered Private Placement Raising Gross Proceeds of Approximately $2.013 Million
Honey Badger Silver raised $2.013M via private placements to fund exploration in Canada’s northern territories.
Dios Sells K2 to Azimut
Dios explores gold at its Heberto-Gold project; sells K2 property to Azimut for cash and shares, retaining a royalty. Focus on discovering a world-class gold deposit.
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Excellon Announces Appointment of Mike Hoffman to Board of Directors and Provides Corporate Update
Excellon Resources appoints mining veteran Mike Hoffman to its Board to enhance governance and support growth and production strategies.
Arya Resources Ltd. Engages CHF Capital Markets Inc.
Arya Resources partners with CHF Capital Markets for 12 months to boost investor relations, marketing, and capital markets advisory, with an option for share purchase.
Nevada Organic Phosphate Announces Stock Option Grant and Compensation Shares Issuance
Nevada Organic Phosphate granted stock options and issued shares as bonuses, including a related party transaction, to key personnel.
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BRS Resources Announces Update on AleAnna Energy, LLC
BRS Resources Ltd. updates on its investment in AleAnna Energy, which was impaired in 2020. On December 13, 2024, AleAnna Energy was acquired by Swiftmerge Acquisition Corp., leading to BRS receiving approximately 1.97 million shares in the new company, AleAnna, Inc.
Record Refiles Amended and Restated Financial Statements
Record Resources Inc. has restated its Q3 2024 financial statements due to revised accounting for its Kirkland Lake Gold exploration properties. This correction does not affect cash position or other disclosures but alters previously reported financial figures.
Besra Gold Announces Status of Mining Licence Renewal
Besra Gold Inc. updates on its renewal application for the Jugan Concession, needing approval from the State Mining Mineral Authority. The process is less predictable than in Australia, and Besra plans to replace Gladioli as the concession holder post-renewal.
Besra Gold Inc Appoints Independent Chair for Annual General and Special Meeting of Shareholders
Besra Gold Inc. has appointed Mr. Jeremy Wickens as independent chair for its upcoming shareholder meeting on December 20, 2024. This follows an amendment to its By-Law allowing for an independent chair, enhancing corporate governance. Shareholders will vote on confirming this amendment.
Thunder Mountain Gold, Inc. Secures US$620,000 (CAD$868,000) to Advance South Mountain Project
Thunder Mountain Gold, Inc. raised US$620,000 through a private placement to fund exploration at the South Mountain and Trout Creek projects, enhancing project value. The offering included common shares and warrants, with no broker fees incurred.
Battery Mineral Resources Delivers Copper Concentrates Produced at Its Mineral Processing Facility at Punitaqui, Chile
Battery Mineral Resources Corp. reports continued production and shipment of copper concentrates from its Punitaqui facility in Chile, delivering 2,755 DMT in late 2024. The company aims to increase production to 1,400 DMT per month, supported by recent funding and sales.
Homerun Resources Inc. Acquisition of Halocell Europe for Commercialization of Perovskite Solar
Homerun Resources Inc. has signed a Binding Term Sheet to acquire Halocell Europe, enhancing its focus on solar and energy storage sectors. Halocell is a leader in perovskite solar technology, which has significantly improved in efficiency. The acquisition aims to commercialize new perovskite solutions.
Forum Announces $1,250,000 Financing with Strategic Investors
Forum Energy Metals Corp. is conducting a non-brokered private placement to raise up to $1.25 million through shares and flow-through units. Funds will support working capital and Canadian uranium exploration. The placement awaits TSX Venture Exchange approval and is subject to a hold period.
Canadian Critical Minerals Confirms 10.4% Interest in XXIX Metal Corp
Canadian Critical Minerals Inc. (CCMI) now holds 10.4% of XXIX Metal Corp. after its acquisition of Cuprum Corp., which owns the significant Thierry copper-nickel project. CCMI's stake is valued at $3.62 million, supporting continued exploration efforts in 2025.
Canadian Gold Corp. Commences Phase 4 Drill Program at Tartan Mine
Canadian Gold Corp. has initiated its Phase 4 drill program at the Tartan Mine in Manitoba, aiming to expand mineralization and improve resource estimates. The program will focus on four key areas, including western extensions and deeper exploration for high-grade gold.
CopperCorp Granted New Exploration Licence EL11/2024 Adjacent to Razorback Property
CopperCorp Resources Inc. has received a new exploration license (EL11/2024) near its Razorback Property in Tasmania, enhancing its land holdings. The area is geologically promising, close to existing copper-gold deposits, with exploration planning underway for 2025.
Endurance Extends Reliance Mineralization Significantly at Depth and Discovers New Zone - New Lower Imperial Zone With 7.18 gpt Gold over 8.3 m Including 28.08 gpt gold over 1.7 m
Endurance Gold Corporation announced significant assay results from deep drilling at the Reliance Gold Project's Imperial Zone, identifying a new mineralized zone 210 m deeper. Highlights include substantial gold intersections, extending mineralization potential and indicating a strong orogenic gold system.
Military Metals Appoints Avrom Howard as VP Exploration
Military Metals Corp. has appointed Avrom E. Howard as Vice President of Exploration, leveraging his 40 years of experience in mineral exploration. His focus will be advancing the company's antimony projects and exploring new opportunities. The company also granted 900,000 stock options.
Tudor Gold Reviews 2024 Program, Which Shapes Future Strategy for Treaty Creek Project Located in the Golden Triangle of British Columbia
Tudor Gold Corp. reports significant advancements in its 2024 exploration on the Treaty Creek project, including a 19% increase in the Indicated Mineral Resource Estimate, discovery of high-grade breccia structures, and positive metallurgical test results.
Gladiator Intersects 30m @ 1.03% Cu Within 52m @ 0.75% Cu in New Target Zones within the 2km Arctic Chief Trend
Gladiator Metals Corp announces successful drill results from its maiden program on the Arctic Chief Trend in British Columbia, revealing significant copper-gold mineralization. The discovery of a new silicate skarn style has promising implications for further exploration in the Whitehorse Copper Belt.
Nexus Uranium Announces Expanded Winter Drill Program at Cree East
Nexus Uranium Corp. is launching an expanded winter drill program at its Cree East uranium project in Saskatchewan, following a $2.08 million financing. The project aims to enhance exploration in key areas, reflecting the company's commitment to sustainable energy and shareholder value.
Gold Hunter Resources Validates and Extends Mineralized Trends at Great Northern, Setting the Stage for 2025 Drill Program
Gold Hunter Resources Inc. reports successful Phase 1 exploration at the Great Northern Project, extending the Simms Ridge Trend by 550 metres, confirming mineralization continuity, and identifying high-grade gold assays. Future systematic exploration aims to enhance drilling targets.
RETRANSMISSION: Spearmint More Than Doubles the Acreage of the George Lake South Antimony Project in New Brunswick, Canada
Spearmint Resources Inc. has significantly expanded its George Lake South Antimony Project in New Brunswick to 4,722 acres, anticipating increased demand for antimony due to China's export ban to the USA. The company plans further evaluations and updates on diversification strategies.
Carlyle Acquires Miramis Mining Corp. and Nicola East Property Option, Completes Quesnel Gold Project Field Program, and Provides Corporate Update
Carlyle Commodities Corp. has completed the acquisition of Miramis Mining Corp. through a "three-cornered" amalgamation, forming a new subsidiary, Miramis Mining Corp. This transaction involves Miramis's mineral claims in British Columbia.
Quetzal Copper Provides Update on Financing
Quetzal Copper Corp. is conducting a non-brokered private placement to raise up to C$3 million through the sale of units and flow-through units. Each unit includes common shares and warrants, with proceeds intended for corporate purposes, adhering to regulatory exemptions.
Starcore Reports Q2 Results
Starcore International Mines Ltd. reports Q2 results for the period ending October 31, 2024, highlighting a two-month mining closure for safety upgrades. Financials show $3.7M cash, $4.9M in gold/silver sales, and a loss of $2.1M. Operations have resumed.
Enduro Metals Reports Voting Results at Annual General Meeting of Shareholders
Enduro Metals Corporation held its annual general meeting on December 13, 2024, where shareholders re-elected five directors, approved Manning Elliot LLP as auditors, and endorsed a 10% rolling Equity Incentive Plan. The company focuses on its Newmont Lake Project in British Columbia.
District Reports Voting Results from its Annual General and Special Meeting of Shareholders
District Metals Corp. held its annual meeting on December 12, 2024, where shareholders approved all resolutions, including the election of directors, the appointment of auditors, and the adoption of a new Omnibus Incentive Plan, with significant majority support.
Newpath Resources Announces Annual General Meeting Mailing Update
Newpath Resources Inc. will hold its annual general meeting on January 10, 2025, in Vancouver. Due to a postal strike, meeting materials are available online. The company plans to reduce its Alpha/Bravo Claim Group and focus on high-priority exploration areas.
Delivery of Meeting Materials During Postal Strike
Queen's Road Capital Investment Ltd. (QRC) informs shareholders that due to a Canada Post strike, meeting materials for their January 10, 2025 AGM may be delayed. Shareholders can find materials online and are encouraged to contact intermediaries for voting instructions.
Aurania Announces Closing of First Tranche of Private Placement
Aurania Resources Ltd. closed the first tranche of a non-brokered private placement financing, selling 2,726,499 units for C$1,226,924.55. The funds will be used for exploration in France and Ecuador, with options for future investors to participate.
Wedgemount Resources Corp. Provides Management Cease Trade Order Update
Wedgemount Resources Corp. updates on its management cease trade order (MCTO) from the BCSC, stating efforts to file required financial statements by January 27, 2024. The MCTO restricts the CEO and CFO from trading until filings are complete, but other shareholders can trade.
Spark Energy Extends Newly Identified Pegmatite Corridor to 7.2km of Strike, Defines New Targets Across its Arapaima Lithium Project in Brazil's Lithium Valley and Provides Corporate Update
Spark Energy Minerals Inc. updates on exploration at its Arapaima Lithium project in Brazil's Lithium Valley, reporting new pegmatite corridors and expanded targets. Nearly 100 samples are being prepared for analysis, with results expected by mid-January.
Canadian Gold Corp. Closes First Tranche of Financing
Canadian Gold Corp. announced a private placement, raising $500,000 by issuing 2.63 million flow-through shares at $0.19 each. Funds will support exploration projects in Canada. The company focuses on expanding resources at the Tartan Mine in Manitoba.
Centurion Minerals Ltd. Provides Status Report of Annual Financial Statements and MD&A
Centurion Minerals Ltd. reports a management cease trade order (MCTO) due to delays in filing required financial statements. The MCTO restricts trading for top executives, but not for other shareholders. The company aims to complete filings by January 27, 2025.
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