Mining News Releases & Company Updates - Page 102
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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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Green River Gold Gives Update on Drilling Progress and Results
Green River Gold Corp. reports successful drilling at the Quesnel Nickel Project, confirming nickel mineralization in holes WK-24-01, WK-24-02, and WK-24-03, with average nickel grades of 0.185%, 0.171%, and 0.189%. Additionally, hole DH-24-01 shows elevated gold mineralization.
ArcWest Announces Option to Acquire Lemare Copper-Gold Project
ArcWest Exploration Inc. has signed an option agreement to acquire a 100% interest in the Lemare Copper-Gold Project in northern Vancouver Island, BC. The project covers 3274 hectares in a region known for significant copper-gold deposits and contains potential mineralization.
Tudor Gold Corp. Retains Outside Counsel to Dispute the Seabridge Gold Inc. (KSM Mining ULC) Licence of Occupation and Other Mitchell Treaty Creek Tunnel Permits
Tudor Gold Corp. has hired external legal counsel to challenge the issuance of a Licence of Occupation to KSM Mining ULC, seeking legal remedies to protect its mineral tenures from the potential impacts of Seabridge Gold Inc.’s MTT Tunnel project.
Homerun Resources Inc. Reports Discovery of High Purity Quartz Lumps on 100% Owned Tenements in Northeast Brazil - Canindé Project
Homerun Resources Inc. announced successful exploratory surface mapping for quartz mineralization in Northeast Brazil, leading to claims granted by the National Mining Agency for the Canindé project. The identified quartz has high silica grades, suitable for the silicon industry.
Independence Gold Announces Financing of $2.0 Million
Independence Gold Corp. plans to raise up to $2 million through an equity financing of 6,666,666 flow-through shares at $0.30 each, aimed at funding exploration for the 3Ts Project in British Columbia, subject to regulatory approvals.
ESGold Harnesses Cutting-edge Exploration Technology to Define Full Scale of the Montauban Deposit
ESGold Corp. is launching a groundbreaking exploration initiative using Ambient Noise Tomography technology to create a 3D model of the Montauban deposit, identify high-priority drill targets, and assess its mineral potential, marking the first systematic exploration in 110 years.
Bold Ventures Identifies New Gold Zone at Its Burchell Gold and Copper Property
Bold Ventures Inc. announced high assay results of up to 56.9 g/t gold from a new zone called the 111 Zone at its Burchell Property, identified during recent fieldwork. The zone is characterized by silicified volcanic rocks and notable gold mineralization.
Big Gold Drills Mineralized Quartz Vein Zone and Completes Program at Tabor Property in Northwestern Ontario, Assay Results Pending
Big Gold Inc. announced successful drilling at the Tabor Property in Ontario, revealing mineralized quartz veins with significant pyrite and pyrrhotite. The maiden drilling program is complete, with core sampling and assays underway, indicating promising mineralization.
Cosa Resources Reports Airborne Geophysical Survey Results from the 100% Owned Orbit and Aurora Uranium Projects, Athabasca Basin, Saskatchewan
Cosa Resources Corp. announced positive results from airborne geophysical surveys at its Orbit and Aurora uranium Projects in Saskatchewan, identifying multiple target areas similar to Key Lake deposits. The company sees significant exploration potential due to historical oversight.
Eminent Acquires Silicon Analogue, Celts Project in Nevada
Eminent Gold Corp. has signed an agreement to acquire the Celts Project in Nevada for USD $400,000 from Orogen Royalties. This acquisition aligns with their strategy to develop exploration projects in a promising gold-rich area, leveraging existing groundwork for efficient advancement.
Barksdale Intercepts Copper-Rich CRD Sulfide Mineralization
Barksdale Resources Corp. reports significant base metal sulfide mineralization in its ongoing exploration at the Sunnyside project in Arizona, indicating potential proximity to a porphyry source. Drilling has revealed extensive copper-rich semi-massive sulfides and altered carbonate rocks.
Great Pacific Gold Identifies Additional High Priority Drill Targets at Kesar
Great Pacific Gold Corp. updates on its Kesar Project, revealing a new high-priority drill target in the East Vein Zone, significant mineralization, and ongoing drilling progress. The project may extend the Kainantu Mine's mineralized system, indicating promising developments.
Kirkland Lake Discoveries Receives OJEP Funding and Drill Core Featured on KLDC Treasure Hunters
Kirkland Lake Discoveries Inc. announced a $200,000 grant approval from the Ontario Junior Exploration Program to support exploration on the KL West Property. Additionally, their drilling program will be featured on the YouTube series KLDC Treasure Hunters.
Plans To Restart Mining Operations at La Colorada Mine, Mexico
Heliostar Metals Ltd. plans to restart mining at La Colorada Mine in January 2025, focusing on the Junkyard Stockpile. This will replace current gold production from leaching, driven by recent drilling and assessments, aiming to enhance the company's growth.
Big Red Mining Corp. Closes Flow-Through Private Placement
Big Red Mining Corp. has completed a flow-through financing, issuing 3,605,000 shares at $0.21 each for $757,050. A cash finder's fee and warrants were issued to GloRes Securities and Marquest Asset Management. The funds will support exploration of the Antimony 2.0 Property.
SPOD Lithium Announces the Closing of the First Tranche of a Private Placement Offering
SPOD Lithium Corp. has closed the first tranche of a private placement, raising $385,000 by issuing 7.7 million units at $0.05 each. Each unit includes a common share and a warrant, convertible at $0.10. Proceeds will fund general working capital. Additional tranches are planned.
Talon to Receive US$2.47 Million in Funding from the Defense Logistics Agency
Talon Metals Corp. received a $2.47M contract from the DLA to research new methods for nickel recovery from domestic ores, supporting clean energy and defense needs. The project highlights U.S. efforts to reduce reliance on foreign nickel sources and promote sustainable practices.
StrikePoint Announces AGM Results, Provides Corporate Update
StrikePoint Gold Inc. held its annual meeting, electing five directors and approving auditor appointments and a stock option plan. The company granted 1,185,000 stock options to directors and employees, plus 75,000 to Knox Communications, both at $0.20/share.
1844 Announces New Option to Acquire Up To 100% Interest in Hawk Ridge Property and Concurrent Private Placements for Aggregate Gross Proceeds of Up To $1,500,000
1844 RESOURCES Inc. has entered an option agreement with Nickel North to acquire up to 100% interest in the Hawk Ridge property in Quebec, pending approval from the TSX Venture Exchange. They also announced private placements to raise up to $1.5 million.
Inspiration Energy Announces Arrangements to Address Mailing Delays Resulting from Canada Post Strike
Inspiration (CSE: ISP) informs shareholders about the impact of a postal workers' strike on its ability to deliver financial statements for the upcoming annual meeting on December 18, 2024. The company will seek votes on director appointments and auditor remuneration. Proxy materials are available online.
Inspiration Energy Announces Arrangements to Address Mailing Delays Resulting from Canada Post Strike
Inspiration (CSE: ISP) updates shareholders on delays in delivering financial statements due to a postal strike. The annual general meeting is set for December 18, 2024, where shareholders will vote on director appointments and auditor selection. Proxy materials are available online.
Pacific Booker Minerals Inc. Comments on the Presence of Critical Minerals
Pacific Booker Minerals Inc. has received a report indicating the presence of seven Critical Minerals, including Gallium, at the Morrison project. However, no assessment has been made on the commercial recoverability of these elements, and their potential value remains uncertain.
Lion Copper Receives US$5 Million Additional Nuton Funding, Proposes Early Repayment of Convertible Debentures, Adopts Rolling Stock Option Plan and Grants Stock Options
Lion Copper and Gold Corp. announces $5 million funding from Nuton LLC for the Yerington Copper Project pre-feasibility study. The company plans early repayment of $941,813 in convertible debentures by December 15, 2024, and has adopted a new rolling stock option plan, granting 17.16 million options.
Auric Minerals Completes Acquisition of Central Uranium Resources
Auric Minerals Corp. has acquired Central Uranium Resources Corp., which holds rights to the Route 500 Property in Newfoundland and Labrador, through a share exchange agreement. The transaction involves issuing shares and warrants, and does not change control of Auric.
Northstar Closes 2nd Tranche of Private Placement, Continues Diamond Drilling and Postpones Annual General Meeting Due to Canadian Postal Strike
Northstar Gold Corp. has closed the second tranche of a non-brokered private placement, raising $169,300 from 4.12 million units. This adds to previous funding for a total of $988,050, aimed at supporting the ongoing drill program at the Cam Copper Mine.
Emperor Metals Expands Eastward at Duquesne West, Intercepting 2.5 m of 10.27 g/t Au and 21.5 m of 0.6 g/t Au (55.2 m of 0.3 g/t Au) in Previously Untested Areas
Emperor Metals Inc. announces positive results from its 2024 drilling program, covering 8,166 meters across 19 holes, revealing growth potential east of the conceptual open pit. Initial assays highlight significant low-grade and high-grade gold intersections, suggesting resource expansion.
South Pacific Metals Appoints Alex Davidson to Its Board of Directors and Announces Private Placement Offering
South Pacific Metals Corp. announced the appointment of Alexander Davidson to its Board of Directors. With over 40 years in exploration and a notable career at Barrick Gold, Davidson's expertise will support SPMC's growth in the Kainantu Gold District.
T2 Metals Announces High Grade Rock Chip Copper Results from Copper Eagle Project, Nevada
T2 Metals Corp. announced positive rock chip results from its fall 2024 sampling at the Copper Eagle project in Nevada, revealing significant copper and silver grades. The findings suggest potential for copper-gold mineralization, comparable to nearby deposits.
Fuerte Metals hits 14.3 g/t AuEq over 3.0 m, 7.5 g/t AuEq over 7.5 m, and 7.5 g/t AuEq over 2.8 m at its Cristina Project, Chihuahua, Mexico
Fuerte Metals Corporation announced positive results from five diamond drill holes at its Cristina precious metals project in Mexico, part of a larger 21,000 metre drilling program. Highlights include significant gold and silver mineralization in two vein systems, Los Ingleses and Mexico Libre.
Bell Copper Provides Corporate Update
Bell Copper Corporation updates on a three-year research program by Arizona Geological Survey and University of Arizona, assessing critical mineral resources in Arizona, particularly at their Big Sandy copper project, to enhance US supply of copper and other elements.
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