Mining News Releases & Company Updates - Page 11
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Desert Gold Delivers Positive PEA for SMSZ Project with USD $24M After-Tax NPV (10%) and 34% IRR at USD $2,500/oz Gold for Barani and Gourbassi Deposits in Mali
Desert Gold's PEA for Mali's SMSZ Project shows a low-capex open-pit gold mine, 17+ years, 113,500 oz gold, quick payback, with strong NPV and IRR at current gold prices.
Decade Announces Agreement to Sell Interests in Red Cliff and Premier East Properties to Mabel Ventures Inc.
Decade Resources sells 65% of Red Cliff and 100% of Premier East in BC to Mabel Ventures for $600K, funding other exploration projects and unlocking value.
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Goldmoney Inc. Reports Results for the Quarter Ended June 30, 2025
Goldmoney reports Q1 2026 with increased tangible equity, net income, and share buybacks, reflecting growth in assets and operational performance.
Besra Gold Inc.'s Newly Appointed Directors Visit Bau Project Site and Commence Strategic Corporate Review
New Besra Board visited Bau Gold Project, initiating a strategic review of operations, licensing, and growth plans, with results due in December 2025.
GoGold Releases Financial Results for Q3 2025 Generating Net Income of $8.2M USD
GoGold reports strong Q2 2025 results with $17.7M revenue, $8.2M net income, and $139M cash, driven by Parral tailings project, benefiting from high silver sales and cash flow.
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Nexcel Announces 2025 Summer Work Program at Lac Ducharme REE Project
Nexcel Metals plans a Summer 2025 exploration at Lac Ducharme, Quebec, focusing on REE mineralization via backpack drills, mapping, and geophysical data to define drill targets for 2026.
Mines D'Or Orbec Announces Closing of Second and Final Tranche of Private Placement
Mines D'Or Orbec completes a private placement raising $1,005,000 for exploration and working capital, issuing 19.5M units and warrants, subject to TSXV approval.
West High Yield (W.H.Y.) Resources Ltd. Announces Proceeds from Exercise of Warrants
West High Yield raised CAD$84,000 from warrant exercises, advancing its Canadian mineral projects, including the Record Ridge magnesium deposit.
Surge Battery Metals Announces Webinar on PEA Results
Surge Battery Metals invites stakeholders to a June 11 webinar discussing the Nevada North Lithium Project's economic assessment and its significance for lithium supply and EV industry.
Argyle Closes C$1 Million LIFE Offering
Argyle Resources closed a C$1M offering of 2M units, combining shares and warrants, to fund operations, under Canadian securities exemptions.
Lion One Appoints New Board Member
Lion One Metals appointed Ned Collery, an experienced investor in natural resources, to its Board to support its growth as a Canadian gold producer with Fiji operations.
Impact Silver Intersects 534.8 g/t Silver over 8.50m Including 2,320 g/t Silver over 1.07m on New Kena Vein South at Guadalupe Mine
IMPACT Silver reports high-grade drill results from the Kena Vein South in Mexico, extending the zone over 300m, with ongoing exploration and initial mining activities.
Aftermath Silver Continues to Intersect High Grade Silver, Copper and Manganese at Berenguela, Peru
Aftermath Silver's Phase 2 drill results at Berenguela reveal significant mineralization, with some intersections remaining open eastward, supporting ongoing resource estimates and future exploration.
Arya Resources Ltd. (RBZ) Upsizes Flow-Through Financing Amid Surging Investor Demand
Arya Resources upsizes its flow-through financing to $1.14M to fund exploration in Saskatchewan, including its flagship Wedge Lake Gold Project, supporting growth and strategic initiatives.
Surge Delivers Preliminary Economic Assessment For High-Grade Nevada North Lithium Project; After-Tax NPV8% US$9.21 Billion and After-Tax IRR of 22.8% OPEX of US$5,097/tonne LCE
Surge's Nevada North Lithium Project has a $9.21B NPV at 8%, 22.8% IRR, 42-year mine life, producing 86,300 tonnes LCE annually with phased $5.3B CAPEX, payback in 4.7 years, and robust economics.
Tudor Gold Announces Binding Letter of Intent to Acquire American Creek
Tudor plans to increase its stake in the Treaty Creek Project to 80% by acquiring American Creek, which currently holds 20%, enhancing its gold-copper exploration interests.
Tudor Gold Announces Binding Letter of Intent to Acquire American Creek
Tudor plans to increase its Treaty Creek Project stake to 80% by acquiring American Creek, boosting interest in the gold-copper deposit in British Columbia.
Nicola Mining Receives Multi-Year Area Based Exploration Permit for Its Mine-Permitted Treasure Mountain Silver Project
Nicola Mining received a multi-year exploration permit for Treasure Mountain Silver Project, enabling extensive exploration on a permitted and historic silver mine near Vancouver.
Sirios Drilling on the Aquilon Gold Project in Eeyou Istchee James Bay, Quebec
Sirios Resources begins a 5,000m drill on the Aquilon gold project in Quebec, targeting unexplored areas with promising soil anomalies and recent geophysical data, funded by Sumitomo.
Metalero Initiates Fieldwork on the Benson Project
Metalero Mining begins exploration at the Benson Project in British Columbia, focusing on copper-gold prospects with historical data, aiming to confirm mineralization potential.
Goldstorm Metals Announces Upsizing of Previously Announced Private Placement Financing to $1.8 Million, with Participation by Eric Sprott
Goldstorm plans to raise up to $1.8M via private placements of NFT and flow-through units to fund working capital and exploration.
Velocity Receives US $16.5 Million First Tranche Payment from Türker Global Madencilik Sanayi Ve Ticaret A.S.
Velocity arranged a standby letter of credit for Gorubso in connection with a $16.5M payment from Türker Mining for the Rozino project sale.
Capitan Silver Signs Letter of Intent to Acquire Strategic Land Package to Consolidate the Cruz de Plata Silver-Gold Project, Durango, Mexico
Capitan Silver plans to acquire seven adjacent mineral concessions in Durango, Mexico, expanding its land by 85%, for $4M, enhancing exploration and project potential.
EDM Announces New US$58 Million Gypsum Offtake Agreement
EDM Resources signed a US$58M gypsum offtake agreement with a major producer, securing a new revenue stream for the Scotia Mine, covering 2.5 million tonnes of gypsum over 10 years.
Seabridge Gold Reports Achievements in Safety, Diversity, and Environmental Stewardship
Seabridge's 2024 Sustainability Report highlights safety, diversity, environmental efforts, Indigenous engagement, community support, and commitment to sustainable development.
First Andes Silver Mobilizes Rig for Second Drill Program at Santas Gloria Project, Targeting Extension of High-Grade Silver Discovery at Depth
First Andes starts a 2000m drill at Santas Gloria, Peru, targeting high-grade silver and gold zones; the project shows strong potential amid rising silver prices.
Standard Uranium Announces Exploration Plans at the Corvo Project with Option Partner Aventis Energy Inc.
Standard Uranium plans exploration in 2025 at Corvo, including prospecting, geophysics, target development, and preparing for drilling in early 2026.
Cascadia Minerals and Granite Creek Copper Announce Merger to Create a Leading Yukon Copper-Gold Exploration and Development Company
Cascadia will acquire Granite Creek in a share swap, offering a 48% premium, supported by a $2.25M private placement, to advance the Carmacks copper-gold project in Yukon.
Alma Gold Announces Business Update, Appointment of New Director, and Provides Update on Private Placement
Alma Gold updates on Guinean permits, with some revoked or pending renewal, but remains committed to exploring and developing its assets and acquiring new permits.
Tier One Silver Extends Community Partnership at Curibaya and Prepares for Next Phase of Drilling and Exploration
Tier One Silver renews community agreement at Curibaya, Peru, supporting local initiatives, with plans for new drill campaigns targeting high-grade silver, gold, and copper deposits.
ATEX Intersects 126 Metres of 2.04% CuEq Including 36 Metres of 3.05% CuEq Within a Broader Interval of 536 Metres of 1.04% CuEq at the B2B Zone
ATEX reports positive drill results at Valeriano, Chile, confirming high-grade copper-gold mineralization with continuous intervals, supporting potential resource expansion.
Hawthorn Resources Signs Definitive Agreement for the Acquisition of the Past Producing Prince Silver Project, Nevada
Hawthorn Resources agrees to acquire Stampede Metals, gaining two Nevada exploration projects, focusing on the advanced Prince Silver Project with plans for summer drilling.
Gunnison Copper Announces Johnson Camp Mineral Processing to Start by July with First Copper Sales in September
Gunnison Copper prepares to start mineral processing and copper sales at Arizona's Johnson Camp Mine by September, with construction progressing as planned.
K2 Announces New Board Member
K2 Gold appoints Chase Taylor-Robins as Director to strengthen leadership; grants stock options; focuses on advancing Mojave project.
Chesapeake Gold Announces $4.4 Million Non-Brokered Private Placement with Eric Sprott
Chesapeake Gold raises $4.44M via private placement, with Eric Sprott increasing his stake. Funds will advance leach tech, exploration, and working capital.
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