Mining News Releases & Company Updates - Page 104
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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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Benton Recommences Drilling at Great Burnt Copper Deposit, Extends South Pond Gold-Copper Zone to 2.3 km, and Discovers New Sulphide Zone 1 km South of South Pond
Benton Resources Inc. has resumed drilling at the Great Burnt Copper Deposit, targeting newly identified EM conductors. The South Pond Gold-Copper Zone has expanded, and a 15,000 m drill program is planned for 2024-2025 to explore copper-rich massive sulphides.
Palisades Goldcorp & Radio Fuels Announce Business Combination to Create Leading Resource Focused Investment Issuer
Palisades Goldcorp Ltd. will acquire Radio Fuels Energy Corp. in a share exchange agreement, creating a resource-focused investment company. Post-transaction, Palisades will hold a strong cash position and become Nevada's largest junior land holder, enhancing exposure to uranium and rare earth elements.
Aero Energy and Fortune Bay to Plan Winter Drilling at the Murmac Project, Athabasca Basin, Saskatchewan
Aero Energy Limited announces a winter 2025 drilling program at the Murmac Uranium Project in Saskatchewan, following a successful summer 2024 program that found high-grade uranium. The new program will target the Howland Lake North area with planned radon surveys and multiple drill holes.
Dryden Gold Arranges Strategic Investment by Centerra Gold Through $3.38 Million Non-Brokered Private Placement
Dryden Gold Corp. has announced a C$3.38 million private placement of 14,930,001 common shares, with Centerra Gold acquiring approximately 9.9% post-offering. The funds will support exploration initiatives in the Dryden Gold District, ensuring financing through 2025.
Canter Acquires Key Central Claims at Columbus, Reports Highest Boron Grades To-date and Provides Targeting Update
Canter Resources Corp. has acquired an additional 2,224 acres in the Columbus Lithium-Boron Project near Tonopah, Nevada, enhancing its coverage of key mineral claims and geophysical anomalies, and supporting future drilling plans based on promising sediment results.
Standard Uranium Announces Closing of First Tranche of Private Placement; Begins Exploration Programs on Eastern Athabasca Basin Projects
Standard Uranium Ltd. has closed a $700,000 initial tranche of its non-brokered private placement to fund exploration on its uranium projects in the Athabasca Basin. Plans include high-resolution geophysical surveys on the Atlantic, Rocas, and Corvo projects to enhance uranium discovery.
Valleyview Acquires Key Coyote Basin & Red Wash Exploration Dataset
Valleyview Resources Ltd. has acquired a historical uranium exploration dataset for the Coyote Basin and Red Wash Projects, including reports and data from previous operators. They are also in the process of acquiring these projects through Shift Rare Metals Inc.
Moon River Moly Ltd. Reviews 2024 and Provides Outlook for 2025
Moon River Moly Ltd. reviews its 2024 achievements and outlines goals for 2025, highlighting progress in the Davidson Project and acquiring a 25% interest in the Endako Mine Complex. The company anticipates a promising year ahead amidst challenging market conditions.
Sierra Madre Declares Industrial Production at the Guitarra Mine Processing Plant
Sierra Madre Gold and Silver Ltd. has commenced industrial production at the Guitarra mine in Mexico, exceeding capacity standards. Over two months, significant quantities of silver and gold were produced, marking a key milestone in the company's transition to production.
Delta Receives $200,000 Grant from the Ontario Junior Exploration Program to Further Advance the Gold Discovery at Delta-1 in Thunder Bay, Ontario
Delta Resources Limited has been awarded up to $200,000 from the Ontario Junior Exploration Program to enhance exploration at its Delta-1 property in Thunder Bay. The funding supports their ongoing efforts in mineral exploration, promoting economic growth in Ontario.
Steppe Gold Releases 2023 ESG Report
Steppe Gold Ltd. has released its first Environmental, Social and Governance (ESG) Report, detailing its sustainability efforts and performance for 2023. The report emphasizes responsible mining, community support, and transparency, aligning with SASB standards.
GT Resources Drilling Intersects 2.4% Copper and 3.1 g/t Gold Near Surface at the Canalask Nickel-Copper Project
GT Resources Inc. announces positive final diamond drill assay results from its Canalask Nickel-Copper Project in Yukon, Canada, revealing significant copper, gold, nickel, platinum, and palladium mineralization, indicating potential for extensive mineral deposits.
RETRANSMISSION: Spearmint Makes Initial Entrance into the Crypto Space with Solana
Spearmint Resources Inc. has diversified by purchasing Solana, committing 20% of its cash to this crypto investment, aiming to enhance shareholder value. The company recently acquired the George Lake South Antimony Project, capitalizing on antimony's rising demand.
Defiance Silver Announces a Mineral Resource Estimate for the Tepal Project and Filing of Supporting NI 43-101 Technical Report
Defiance Silver Corp. announced a Mineral Resource Estimate for its 100% owned Tepal Gold-Copper Project in Mexico, detailing 111.67 million tonnes of Measured & Indicated resources, including 926,000 ounces of gold and 473.86 million pounds of copper, with additional Inferred resources.
Defiance Silver - Clarifying News Release
Defiance Silver Corp. has engaged Torrey Hills Capital Inc. for investor relations services starting November 1, 2024, with a $5,000 monthly fee for four months, subject to TSX-V acceptance. Torrey Hills will enhance investor awareness without any ownership interest in Defiance.
Torex Gold Receives Notice of Temporary Suspension from the Ministry of Economy
Torex Gold Resources Inc. has temporarily suspended operations at the Morelos Property following a fatal incident at the El Limón Guajes mine, pending an inspection by officials. The company will cooperate fully with authorities to resume activities.
Nova Pacific Metals Announces Flow-Through Financing for $2,600,000
Nova Pacific Metals Corp. is launching a non-brokered private placement of up to 6,190,476 flow-through shares at $0.42 each, aiming to raise up to $2.6 million for Canadian exploration expenses on its Lara Property. The offering is subject to regulatory approvals.
Kincora Announces Shareholder Meeting Results
Kincora Copper Limited held its Annual General and Special Meeting on December 9, 2024, where shareholders approved all items on the agenda, including retaining five directors and appointing Manning Elliot LLP as auditor, with a 23.53% proxy return.
Nexus Announces Additional Upsize of Previously Announced Financing
Nexus Uranium Corp. has increased its non-brokered private placement to 7,000,000 flow-through units at $0.30 each, aiming to raise up to $2.1 million for Canadian exploration expenses at the Cree East uranium project, subject to regulatory approvals.
Tower Announces Closing of Private Placement
Tower Resources Ltd. has raised $800,000 through a non-brokered flow-through private placement, issuing 5,333,334 units at $0.15 each. Proceeds will fund Canadian Exploration Expenses for drilling. A finder's fee of $48,000 was paid, and all securities are subject to a hold period until April 2025.
Provenance Gold Drills 3.07 g/t Gold over 175.26m Including 21.7 g/t Gold over 6.10m at Eldorado
Provenance Gold Corp. announced promising assay results from drill hole EC-01 at its Eldorado Gold Property, revealing 2.01 g/t Au over 288.34m and a new high-grade zone with 13.18 g/t Au. The company plans a larger 2025 drill program to explore further mineralization.
DynaResource Announces Postponement of Annual Meeting of Stockholders
DynaResource, Inc. has postponed its 2024 annual meeting from December 13, 2024, to January 6, 2025, due to delays in mailing proxy materials. The record date remains November 8, 2024, and stockholders are encouraged to vote and review the proxy statement.
Antioquia Gold Inc. Announces Changes to the Board of Directors
Antioquia Gold announces new director Diego Grau, and the departure of Thomas Kelley and Jose de la Borda; Grau brings 8 years of board experience.
Sabre Gold Announces Increase in Shareholding in Azarga Metals
Sabre Gold Mines Corp. announced the issuance of 670,000 shares from Azarga Metals Corp. as part of an Option to Purchase Agreement for the Marg VMS project in Yukon. This increases Sabre's ownership in Azarga to about 10.04%. If Azarga fails to fulfill payment obligations, the option will expire, returning property rights to Sabre. The company plans to restart production at its Copperstone gold mine in Arizona, which has significant gold reserves.
Roberto Resources Inc Listed on Frankfurt Stock Exchange
Roberto Resources Inc. has listed its shares on the Frankfurt Stock Exchange under the symbol "Y2M," enhancing its international presence and investor engagement. The company focuses on the Janampalla Property in Peru, known for high-grade copper-gold mineralization.
Enduro Metals and Commander Resources Announce Business Combination Creating a Leading Copper and Gold Explorer
Enduro Metals Corporation and Commander Resources Ltd. have entered an amalgamation agreement to combine operations, with Enduro acquiring all Commander securities. The merger aims to create a leading copper-gold exploration company in British Columbia, pending shareholder and regulatory approvals.
Enduro Metals and Commander Resources Announce Business Combination Creating a Leading Copper and Gold Explorer
Enduro Metals Corporation and Commander Resources Ltd. have agreed to amalgamate, with Enduro acquiring all of Commander’s securities. The transaction requires shareholder approval and regulatory consents, creating a leading copper-gold exploration company in British Columbia.
Canadian Critical Minerals Closes $300,000 Flow-Through Financing
Canadian Critical Minerals Inc. has raised $300,000 through a flow-through financing by issuing 6 million shares at $0.05 each. Funds will support exploration at the Bull River Mine in British Columbia, which has significant copper resources.
Besra Gold Inc. Announces the Despatch of Management Information Circular in Connection with the Annual General and Special Meeting and Encourages Shareholders to Access Meeting Materials Electronically
Besra Gold Inc. announces the dispatch of meeting materials for its annual general meeting on December 20, 2024. Due to a postal strike in Canada, they are using couriers for some shareholders and encouraging online access to the materials.
GPM Metals Inc. Announces Grant of Options
GPM Metals Inc. has granted 6,100,000 stock options to its directors, officers, and consultants at $0.10 per share, effective December 9, 2024. The options will vest over 18 months and are pending approval from the TSX Venture Exchange.
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