Mining News Releases & Company Updates - Page 110
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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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Libra Lithium Announces $33m Earn-In Agreement with Kobold Metals and Announces Go-Public Transaction via Reverse Takeover of PowerStone Metals
Libra Lithium Corp. has signed an earn-in agreement with KoBold Metals to explore its lithium projects in Ontario, allowing KoBold to earn a 75% stake by spending CAD$33M over six years. Additionally, Libra plans a reverse takeover with PowerStone Metals Corp.
Atomic Minerals Closes First Tranche of Flow-Through and NFT Units
Atomic Minerals Corporation has received conditional approval for a first tranche of private placements, raising $401,499.98 through NFT and FT Units, with 7,083,333 warrants issued. Proceeds are designated for exploration in Saskatchewan and general working capital.
Kenorland Options the South Uchi Project to Auranova Resources Inc.
Kenorland Minerals Ltd. has signed an agreement with Auranova Resources Inc. allowing Auranova to acquire up to a 70% interest in the South Uchi Project. Auranova can initially secure a 51% stake by meeting specific financial and drilling commitments.
Soil Sampling Identifies Multiple New Targets at Volta's Falcon West Lithium Project, Ontario, Canada
Volta Metals Ltd. announced positive geochemical results from its MMI soil sampling at the Falcon West Lithium Project, identifying multiple high-priority lithium targets. The survey covered 4.5 km², enhancing understanding of lithium-bearing pegmatites in the area.
Vision Lithium Reports High-Grade Cesium Discovery up to 1.94% Cs2O at Sirmac Property
Vision Lithium Inc. announced the discovery of high-grade cesium mineralization on its Sirmac property in Québec. The results indicate potential for economic cesium and other minerals, with significant findings from newly discovered pegmatite dikes.
American Pacific Closes Transaction to Gain USD$10M and 100% Interest in the Palmer VMS Project in Alaska
American Pacific Mining Corp. has completed the acquisition of Dowa Metals & Mining's interest in Constantine Mining LLC, gaining full ownership of the Palmer VMS Project. The deal includes a $10M payment from Dowa and secures funding for further exploration.
GoviEx Publishes Its 2024 Sustainability Report
GoviEx Uranium Inc. published its 2024 Sustainability Report, highlighting its commitment to ESG principles and progress in sustainability practices. The report details advancements in energy use, emissions, and workforce diversity, aligning with global standards ahead of the Muntanga project in Zambia.
Searchlight Resources Completes Airborne Radiometric Survey of the Daly Lake Rare Earth and Uranium Project
Searchlight Resources Inc. announced promising results from an airborne survey at its Daly Lake Uranium and Rare Earth project, revealing new thorium and uranium targets, and expanding known rare earth occurrences, indicating significant potential for resource development.
IAMGOLD Announces Return to 70% Ownership in Côté Gold with Repurchase of 9.7% Interest
IAMGOLD Corporation has repurchased a 9.7% interest in the Côté Gold Mine from Sumitomo Metal Mining, restoring its full 70% stake. The transaction, valued at $377 million, highlights their strong partnership and aims to advance Côté Gold as a major Canadian mine.
Pasofino Gold Announces New Chief Executive Officer
Pasofino Gold Limited has appointed Brett A. Richards as CEO, effective immediately. With over 37 years in mining, he brings significant expertise. The company granted him 1,000,000 stock options, pending regulatory approval. Chairman Dan Betts expressed support for the appointment.
Minera Alamos Issues Operations Update and Q3 Financials
Minera Alamos Inc. reports a successful Q3 2024 with increased mining and stacking at the Santana Gold Project, marking the first full quarter of production. They are expanding operations and have initiated a leach pad expansion, anticipating improved financial performance. The company also plans to acquire Sabre Gold Mines, supporting growth in 2025.
Nickel 28 Announces Further Operational Changes and Cost Cutting Measures
Nickel 28 Capital Corp. announces executive changes, with Craig Lennon becoming CEO on December 31, 2024, as Chris Wallace steps down. The company is implementing cost-cutting measures and has stabilized operations after recent leadership changes.
Denarius Metals Announces Consent Solicitation Process to Amend Terms of Its Convertible Unsecured Debentures
Denarius Metals Corp. is seeking consent to amend trust indentures for its convertible debentures, totaling CA$33.1 million. Proposed changes include delaying gold premium payments and extending maturity dates, responding to delays in EIS approval for the Zancudo Project.
Sanu Gold Announces Strategic Partnership with Montage Gold & Strategic Investment by the Lundin Family
Montage Gold Corp. plans to acquire a 19.9% stake in Sanu Gold for up to C$5.5 million through a share exchange. The Lundin Family will also invest for a 10% stake, enhancing exploration partnerships in Sanu's properties. The total investment could reach C$10.1 million.
Midnight Sun And KoBold Amend Longstop Date
Midnight Sun Mining Corp. has agreed with KoBold Metals to extend the longstop date of their earn-in agreement to December 20, 2024. They aim to complete final conditions before this date as they focus on their Solwezi Project in Zambia's copper-rich region.
Heliostar Drills 71.8 g/t Gold over 16.1 metres in the High Grade Panel at Ana Paula, Mexico
Heliostar Metals Ltd. announced promising drill results from its Ana Paula project in Mexico, highlighting significant gold intercepts that expand the High Grade Panel. The current drilling aims to enhance resource confidence and potentially convert inferred resources to higher categories.
CopperEx Terminates Exploradora Norte Option
CopperEx Resources Corp. has terminated its option to acquire a 65% stake in the Exploradora Norte property, citing the need for significant further expenditure and a focus on more favorable projects, particularly Kio Buggy and La Rica, which are fully owned.
Chesapeake Files Appeal in San Vicente 3 Legal Proceedings
Chesapeake Gold Corp. has appealed a Mexican court's decision that upheld the cancellation of its San Vicente 3 mineral concession, claiming violations of due process and judicial protection. The appeal was filed with the Collegiate Court in Mexico.
Canterra Minerals Drills 105 metres of 1.53% Copper Equivalent Including 14 metres of 5.39% Copper Equivalent at the Buchans Project
Canterra Minerals Corporation announced positive assay results from its Buchans Project in Newfoundland, revealing significant copper equivalent mineralization from its maiden drill program. The findings enhance the known resources and will inform future estimates for the Lundberg deposit.
Argyle Announces Closing of Private Placement Offerings
Argyle Resources Corp. has completed a non-brokered private placement, raising approximately $999,998.65 by issuing 1,176,469 units at $0.85 each. The funds will support Canadian exploration expenses categorized as flow-through mining expenditures.
Nexus Announces Appointment of New Director
Nexus Uranium Corp. has appointed Mr. Drew St. Laurent to its Board of Directors. His expertise in Indigenous education and health sciences is expected to enhance the Board's effectiveness. He received stock options as part of his appointment and has a focus on uranium and precious metals development.
Goldshore Adds Key Personnel to Support Project Advancement and Corporate Objectives
Goldshore Resources Inc. announces the appointment of David Stone to its Board of Directors and Sam Gibson as Vice President of Corporate Development, enhancing technical and financial capabilities. Brandon Macdonald retires from the Board.
Thor Explorations Announces Further Positive Diamond Drilling Results from Segilola Gold Mine
Thor Explorations Ltd reports positive results from its proof-of-concept drilling at the Segilola Gold Mine in Nigeria, revealing high-grade gold intersections. The successful findings prompt plans to expand drilling and potentially extend the mine's life and resources.
Eureka Lithium Corp Announces LIFE Financing
Eureka Lithium plans a private placement of up to $400,000 for exploration and corporate needs.
Carlyle Issues Quesnel Property Option Shares and Acquires Quesnel Gold Property
Carlyle Commodities Corp. has issued 2,000,000 shares to acquire 100% interest in the Quesnel Gold Project in BC, subject to a 2% royalty. The project spans 1,607.34 hectares and is strategically located for access. Carlyle is focused on mineral exploration and development.
Centurion Minerals Ltd. Announces Grant of Management Cease Trade Order
Centurion Minerals Ltd. receives a management cease trade order due to delayed financial filings.
Wedgemount Announces Delay in Filing 2024 Annual Financial Statements
Wedgemount Resources Corp. delays annual filings; management cease trade order in effect until completed.
DLP Resources Announces Non-Brokered Private Placement
DLP Resources plans a private placement to raise up to $2.1M for projects and administration.
Royalties Inc. Reports Q3 Results For September 30, 2024
Royalties Inc. reports Q3 2024 results, focusing on investments and legal progress in Mexico.
Besra Gold Inc Announces: Condensed Interim Consolidated Financial Statements for Three Months Ended 30 September 2024
Besra Gold Inc announces interim financial statements for Q3 2024, authorized by its Board.
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