Mining News Releases & Company Updates - Page 107
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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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Andean Precious Metals Receives Conditional Approval for Graduation to the Toronto Stock Exchange
Andean Precious Metals Corp. has received conditional approval for its common shares to be listed on the Toronto Stock Exchange, transitioning from the TSX Venture Exchange. This uplisting enhances visibility, attracts investors, and boosts liquidity, marking a significant growth milestone.
QIMC Announces Landmark Gravimetric Results for the Ville Marie Clean Natural Renewable Hydrogen Project
Quebec Innovative Materials Corp. announces results from a gravity survey in support of the Ville Marie Clean Hydrogen Project, highlighting essential geological formations for hydrogen extraction and advancing their commitment to clean energy and sustainable development.
Awalé Commences 4000-Metre Diamond Drilling Program at the BBM and Charger Zones, Odienné JV Project
Awalé Resources has initiated a 4000m diamond drill program at the BBM and Charger Zones in Côte d'Ivoire, focusing on mineral expansion and confirmation. Funded by Newmont, drilling will continue into 2025 to explore high-grade targets and previously successful areas.
Cassiar Gold Encounters 156.1 metres of 0.53 g/t Gold; Continues to Extend Mineralization from Surface at Taurus Deposit
Cassiar Gold Corp. announces positive results from nine diamond drill holes in its 2024 exploration program at the Cassiar Gold project, confirming expanded near-surface mineralization and high-grade intercepts at the Taurus deposit in British Columbia.
Lode Gold Receives Tsxv Conditional Acceptance for Spinout Transaction and Sets a Shareholder Meeting Date to Approve Plan of Arrangement (Each Shareholder Will Receive Shares of Spin Co Gold Orogen)
Lode Gold Resources Inc. has received conditional acceptance for a spinout transaction from TSXV, with a record date of January 20, 2025. Shareholders will receive Gold Orogen shares post-approval. Gold Orogen will focus on two promising exploration assets in Yukon and New Brunswick.
Kirkland Lake Discoveries Drilling Featured on KLDC Treasure Hunters
Kirkland Lake Discoveries Corp. is promoting its Hargreaves drilling program in an upcoming YouTube episode of KLDC Treasure Hunters, airing December 5, 2024. The episode features an overview of the drilling process and drill core analysis, cautioning viewers about untested results.
IAMGOLD Provides Westwood Updated Mine Plan and Mineral Resource & Mineral Reserve Estimates
IAMGOLD Corporation announced updated Mineral Resource and Reserve estimates for its Westwood Complex in Quebec, extending the life of mine plan to 2032. Key highlights include underground reserves of 2.6 million tonnes, projected gold production of 925,000 ounces, and total sustaining capital expenditures of $260.7 million.
S2 Minerals Announces Completion of Share Consolidation
S2 Minerals Inc. has completed a share consolidation, reducing its common shares from about 37.9 million to approximately 18.97 million. The shares will trade on the Canadian Securities Exchange under a new CUSIP number. The company focuses on mineral exploration in Northwest Ontario.
Heliostar Metals Adds to Board of Directors
Heliostar Metals Limited has appointed Ramon Tomas Dávila Flores as a non-executive director. Dávila brings extensive experience from previous leadership roles in the mining industry and will enhance the board's governance and expertise as the company transitions to a gold producer.
Carolina Rush Intersects 206 m @ 0.66 g/t Au, Extends Tanyard Breccia Zone at Brewer
Carolina Rush Corporation reported positive drilling results from holes 35 and 36 at the Tanyard Breccia Zone in South Carolina, with significant gold and copper intercepts. The results indicate potential for further expansion in the zone.
Canterra Minerals Announces Successful Listing on the Frankfurt Stock Exchange (FSE)
Canterra Minerals Corporation has successfully listed on the Frankfurt Stock Exchange due to investor demand, enhancing its global visibility and presence in Europe. The listing follows strong exploration results in Newfoundland, positioning the company for growth and broader investor engagement.
Nexus Announces Drill Targets Ahead of Winter Program
Nexus Uranium Corp. announced drill targets for the Cree East uranium project in Saskatchewan, set to begin in January 2025. CEO Jeremy Poirier highlighted Area B for initial drilling due to past excellent results. The company aims to leverage over $20 million from previous explorations.
Doubleview Gold Corp. Confirms Availability of Annual General and Special Meeting Materials and Alternative Voting Procedures
Doubleview Gold Corp. is holding its annual general and special meeting on December 18, 2024. Shareholders of record by October 22, 2024, can vote. Due to a postal strike, some may not receive meeting materials on time, but they can vote electronically.
RETRANSMISSION: Spearmint Comments on China's Ban of Critical Mineral Exports to the USA, including Antimony
Spearmint Resources Inc. comments on China's ban of critical mineral exports, emphasizing the need for Western nations to secure domestic supplies. With antimony prices surging 228%, the company plans to develop the George Lake South Antimony Project and update on its crypto diversification.
Metals Creek Resources Corp. Closes Flow-Through Private Placement Financing
Metals Creek Resources Corp. has closed a non-brokered private placement financing, raising $425,750 by issuing flow-through and non-flow-through units. The funds will be used for drilling on the Tillex Copper Project and Shabaqua Corners Gold Property.
Austral Gold Signs Agreement to Process Hualilan's Material
Austral Gold Limited's subsidiary has signed a Binding MOU with Challenger Gold to process mineralised material from Challenger's Hualilan Project at the Casposo Plant for three years. The deal includes a US$3 million payment and operational startup expected by mid-2025.
Millennial Announces Closing of First Tranche of Private Placement for Proceeds of $1,693,200
Millennial Potash Corp. has completed the first tranche of a private placement, raising $1,693,200 through 5,644,000 units priced at $0.30 each. Funds will support exploration of the Banio Potash Project and working capital, with further shareholder approval needed for additional issuance to a major acquirer.
Nexus Announces Upsize of Previously Announced Financing
Nexus Uranium Corp. has increased its non-brokered private placement from 5 million to 6.67 million units at $0.30 each, aiming to raise up to $2 million for exploration expenses at its Cree East uranium project, pending necessary approvals.
QC Copper Receives Shareholder Approval for Cuprum Acquisition
QC Copper and Gold Inc. shareholders approved the acquisition of Cuprum Corp., a restricted share unit plan, and a new stock option plan during a special meeting. The company will rebrand as XXIX Metal Corp. with a new ticker symbol after the acquisition.
Besra Gold Inc. Announces: Legal Proceedings
Besra Gold Inc. announced legal proceedings in Ontario and engaged lawyers for defense. Plaintiffs initially sought to appoint a new director and form a Nomination Committee but decided not to pursue the motion or nominate directors for the upcoming meeting.
Caprock Signs Binding Option Agreement to Acquire Destiny Gold Project in Quebec
Caprock Mining Corp. has entered into a binding option agreement to acquire a 100% interest in the Destiny gold property near Val D'Or, Quebec, from Big Ridge Gold Corp. Destiny includes 127 mineral claims and features the DAC Deposit with significant gold resources.
Belgravia Hartford Announces Proposed Private Placement and Corporate Changes
Belgravia Hartford Capital Inc. plans a non-brokered private placement to raise up to $500,000 by offering 16,666,666 units at $0.03 each. Proceeds will support working capital and administrative expenses. Andy Le has been appointed CFO as of December 4, 2024.
Orecap Invests in Metal Energy
Orecap Invest Corp. has signed a term sheet to invest up to $500,000 in Metal Energy Corp. for a private placement related to its Highland Valley Project. Orecap plans to subscribe for $220,000 in units, which may involve related party transaction regulations.
Metal Energy Announces Financing with Lead Order from Orecap Invest
Metal Energy Corp. plans a non-brokered private placement to raise up to $500,000 for its Highland Valley Copper Project and working capital. The offering includes units and flow-through units at specified prices, with associated warrants and resale restrictions.
SRC Commissions a Third Quarry in Brazil
Stakeholder Gold Corp. has commenced operations at its third quarry in Minas Gerais, Brazil, producing white quartzite blocks for sale. The quarry anticipates a production rate of 250m3/month and aims to meet high client demand, with full commercial licensing expected soon.
Great Atlantic Intersects 19.1 G/T Gold over 0.57 Meters in Fourth 2024 Drill Hole at the Jaclyn Main Zone Planned Bulk Sample Area at its 100% Owned Golden Promise Gold Property - Central Newfoundland
Great Atlantic Resources Corp. announces that its subsidiary, Golden Promise Mines Inc., has received gold analysis results from the fourth drill hole (GP-24-160) at the Golden Promise Gold Property. The hole intersected significant gold intervals, and plans for bulk sampling in 2025 are underway.
Nicola Mining Provides Updates on Exploration, Operations and Announces Closing of Flow-Through Non-Brokered Private Placement
Nicola Mining Inc. has completed a 2024 drilling program at the New Craigmont Copper Project, totaling 4872m over 14 holes. The company is finalizing core analysis and has made a deposit for a reclamation program at the Dominion Creek Gold/Silver Project.
Valkea Options Legacy Australian Properties to S2 Resources
Valkea Resources Corp. has signed an agreement allowing S2 Resources Corp. to acquire up to an 80% interest in its three Australian tenements by investing A$1.2 million over four years. Valkea retains a 20% interest and aims to focus on its Finnish projects.
Forge Resources Corp Announces Strategic Change of Officers to Drive Growth and Project Development Initiatives
Forge Resources Corp. announces a leadership change, appointing PJ Murphy as CEO and Cole McClay as COO to enhance corporate awareness and project development. This reorganization aims to strengthen stakeholder engagement and project management for future growth.
First Phosphate Announces Positive Results of Preliminary Economic Assessment at its Begin-Lamarche Property in Saguenay-Lac-Saint-Jean, Quebec, Canada
First Phosphate Corp. announced positive results from a Preliminary Economic Assessment on its Bégin-Lamarche Property in Quebec, indicating a viable open-pit phosphate mining project with strong financial returns, significant production capacity, and favorable logistics.
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