Mining News Releases & Company Updates - Page 106
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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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Unigold Proposes to Extend Warrants
Unigold Inc. plans to extend the expiry dates of 16,629,167 and 53,433,675 share purchase warrants to June 23, 2025, and December 31, 2025, respectively. Each warrant allows the purchase of one common share at $0.30, with unchanged terms.
Great Pacific Gold Announces 2025 Work Plans for Wild Dog Project
Great Pacific Gold Corp. is launching a comprehensive exploration program for its Wild Dog Project in Papua New Guinea, set to begin in 2025. Preparations include data consolidation, environmental studies, infrastructure improvements, and drilling plans to assess the project's potential.
Copperhead Resources Announces Non-Brokered Private Placement
Copperhead Resources Inc. plans a non-brokered private placement to raise up to $300,000. This includes up to $100,000 from flow-through shares for exploration expenses and $200,000 from hard dollar shares for working capital. Closing is expected by December 20, 2024, pending CSE approval.
Kraken Energy Provides an Update on the Drilling Permit for the Apex Property in Nevada
Kraken Energy Corp. announced a delay in its Apex Property drill permit application due to new Uranium Safety Management Plan requirements from the US Forest Service. The company is committed to aligning with these regulations and ensuring safety and environmental standards.
Inspiration Energy Plans Exploration Operations at the Newly Acquired Rottenstone North Gold Project
Inspiration (CSE: ISP) plans to start exploration on the newly acquired Rottenstone North Gold Project, which borders Ramp Metals Inc.'s promising discovery. The area is considered business-friendly for mining, and management is optimistic about growth prospects.
TriStar Gold Welcomes New Director
TriStar Gold Inc. has appointed Marcus Brewster to its Board of Directors and announced Jessica Van Den Akker as interim CEO while current CEO Nick Appleyard takes medical leave. Brewster brings extensive mining experience, while Van Den Akker offers financial expertise.
Big Ridge Gold Corp. Confirms Availability of Annual Meeting Materials
Big Ridge Gold Corp. will use an exemption to avoid sending proxy materials for its AGM on December 23, 2024, due to a postal strike in Canada. Shareholders are encouraged to access materials online or request electronic copies. Key voting items include director elections and auditor appointments.
Canadian Copper Closes Oversubscribed Private Placement: PEA Progressing for Combined Strategy
Canadian Copper Inc. closed an oversubscribed private placement, raising $1.83 million through 12.2 million units at $0.15 each. The funds will support a Preliminary Economic Assessment for the Murray Brook deposit, integrating it with the Caribou Processing Complex.
Golden Horse Minerals Completes IPO Offer and Acquisition Agreements
Golden Horse Minerals Limited has received conditional approvals for listing on the ASX and completing its Australian IPO after fulfilling TSX-V requirements. The company raised A$18 million through the issuance of shares and plans to leverage its Southern Cross Project.
Torex Gold Reports Three Fatalities at the ELG Underground Mine
Torex Gold Resources Inc. announced a tragic incident at the El Limón Guajes mine, resulting in the deaths of two employees and one contractor due to carbon monoxide exposure. A fourth individual is hospitalized. An investigation is underway, and operations are suspended.
Platinum Group Metals Ltd. Enters Into At-The-Market Equity Distribution Agreement
Platinum Group Metals Ltd. has initiated a new equity distribution agreement to raise up to US$50 million through a 2024 at-the-market equity program, with proceeds aimed at funding the Waterberg Project and related expenses over the next 24 months.
Renegade Gold Announces $1 Million Flow-Through Private Placement
Renegade Gold Inc. plans a non-brokered private placement of flow-through common shares at $0.18 each, aiming to raise up to $1 million for Canadian exploration expenses in Ontario, particularly for its Red Lake District projects.
Astra Exploration Provides Update Regarding Upcoming Annual General Meeting
Astra Exploration Inc. is notifying shareholders about their AGM on December 12, 2024, and addressing delays in receiving materials due to a Canada Post strike. Shareholders are encouraged to vote promptly, with instructions available on their website and via email.
Decade Resources Closes Flow Through Private Placement for Total Gross Proceeds of $945,000
Decade Resources Ltd. closed a flow-through private placement, issuing 18.9 million units at $0.05 each for $945,000 to fund Canadian exploration expenses. The placement includes warrants and is subject to a four-month hold period. The company operates in British Columbia's Golden Triangle.
Battery Mineral Resources Announces Receipt of Funds in Connection with Closing of Previously Announced Royalty Financing
Battery Mineral Resources Corp. announced a C$3,050,000 cash payment from Electric Royalties Ltd. following a royalty sale on its Punitaqui copper mine in Chile. The total transaction is valued at C$3,500,000, with the remaining C$450,000 due soon.
Antler Gold Updates Agreement for Erongo Gold Project
Antler Gold Inc. has amended its agreement with Fortress Asset Management regarding the Erongo Central Gold Project in Namibia, transitioning from an earn-in structure to an outright sale. Antler will receive cash and shares upfront, while retaining a royalty and operational role.
Oberon Uranium Corp. Provides AGM Update Regarding Canada Post Strike
Oberon Uranium Corp. informs shareholders that due to a Canada Post strike, materials for the AGM on December 11, 2024, are available online. Shareholders are encouraged to access these materials digitally and contact the company for voting assistance or paper copies.
Founders Metals Hits 23.0 metres of 5.00 g/t Gold at Froyo & Extends Zone by 180 metres
Founders Metals Inc. reports high-grade gold assay results from the Antino Gold Project in Suriname, with significant intersections at the Froyo Gold Zone and extended mineralization. The company has drilled over 40,000 m this year and plans to reach 45,000 m by year-end.
Moon River Moly Ltd. Engages ICP Securities Inc. for Automated Market Making Services
Moon River Moly Ltd. has engaged ICP Securities Inc. for automated market making services, effective December 3, 2024, for four months at a monthly fee of C$7,500. The arrangement is aimed at balancing supply and demand for the company's shares, pending TSXV approval.
Mineral Road to List AusVan Vanadium on Australia Securities Exchange
Mineral Road Discovery Inc. has agreed to list AusVan Battery Metals on the ASX for Aus$5 million, aiming to advance Vanadium Redox Flow Battery production. The AusVan project in Queensland includes 6 exploration licenses and highlights the importance of vanadium in renewable energy.
Cabral Announces Filing of NI 43-101 Technical Report for Prefeasibility Study on the Gold-in-Oxide Starter Operation at the Cuiú Cuiú Gold Project, Brazil
Cabral Gold Inc. has filed a National Instrument 43-101 technical report for its Prefeasibility Study on the Cuiú Cuiú Gold Project in Brazil. The report presents consistent findings with a previous news release, detailing significant gold resources at the site.
EmitIQ's Preliminary Feasibility Study Confirms 99% Emission Cut and $140-340 per ton Carbon Credit Potential with Volt Carbon's Air Classification Technology for Graphite
Volt Carbon Technologies Inc. announces findings from a feasibility study by Natureblocks Technology, showcasing the environmental and economic advantages of its air classification technology for graphite production, which significantly reduces greenhouse gas emissions, water use, and land impact.
Homerun Resources Inc. Hiring of Highly Experienced Technical Consultant for the Development of the Company's Solar Glass Production Project
Homerun Resources Inc. has hired Odir Julio Pedrazzi Junior, an experienced technical consultant, to aid in developing a solar glass plant in Brazil. His expertise in glass processing and extensive industry experience will enhance the project's execution and support the company's business plan.
TNR Gold NSR Royalty Update - Los Azules Copper, Gold and Silver Project: McEwen Copper Secures Environmental Permit for Construction and Operation of Los Azules
TNR Gold Corp. announces McEwen Mining's update on the Los Azules copper project in Argentina, highlighting the approval of its Environmental Impact Assessment (EIA). TNR holds a 0.4% net smelter returns royalty on the project, marking a key permitting milestone.
Spanish Mountain Gold Provides Additional 2024 Drill Program Results
Spanish Mountain Gold Ltd. announced promising results from its 2024 drill program at the Spanish Mountain Gold project in British Columbia, highlighting significant gold intercepts. The findings suggest potential resource expansion and mineralization growth opportunities.
MineHub Signs Definitive Agreement with Abaxx
MineHub Technologies and Abaxx Technologies have signed an agreement for Abaxx to increase its ownership in MineHub from 10.83% to 19.99% by acquiring 8.81 million shares for $3.08 million or 237,192 shares of Abaxx, pending regulatory approvals and closing conditions.
Ridgeline Minerals Provides Exploration Update for the Selena CRD Project, Nevada
Ridgeline Minerals Corp. updates on its ongoing MT geophysical survey at the Selena CRD project, aimed at identifying conductive anomalies for sulfide mineralization. The survey is 80% complete, on budget, and critical for advancing drilling plans in 2025.
LithiumBank Reports >99% Impurity Removal, >3,000 mg/L Lithium in Eluate and Production of Battery Grade Lithium Carbonate from DLE Pilot Testing in Calgary, Alberta
LithiumBank Resources Corp. announced successful results from the desorption phase of its Direct Lithium Extraction pilot plant in Calgary, achieving lithium-rich liquors with concentrations over 3,100 mg/L. The process, using dilute sulfuric acid, demonstrated over 98% lithium recovery and minimal impurities, aligning with previous lab predictions.
Kuya Silver Announces Letter of Intent to Accelerate Production at Bethania Project and Updates Ramp-Up Progress
Kuya Silver Corporation has signed a Letter of Intent with Novamera Inc. to utilize their Surgical MiningTM process at the Bethania mine in Peru, aiming to increase production by approximately 100 tonnes per day, while financing will be arranged by Novamera.
Appia Mobilizes for Drilling Campaign to Test Promising Drill Targets Obtained from Recently Completed Airborne Gravity Gradiometer Survey over Alces Lake Project, Saskatchewan
Appia Rare Earths & Uranium Corp. announced positive results from a Falcon Airborne Gravity Gradiometer survey at its Alces Lake property in Saskatchewan, identifying promising drill targets for rare earth elements and gallium. A diamond drilling program will follow.
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