Mining News Releases & Company Updates - Page 16
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Carolina Rush Announces Refiling of Maiden Mineral Resource Technical Report for Brewer Gold-Copper Project
Carolina Rush amended and refiled its NI 43-101 technical report on its South Carolina project following OSC review, updating authorship, guidelines, and resource estimates.

Ridgeline Minerals Intersects up to 1.8 g/t Oxide Gold in Maiden Drill Program at the Atlas Project, Nevada
Ridgeline reports positive assay results from initial drill holes at the Atlas gold project, indicating potential for a significant Carlin-Type gold deposit in Nevada.
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Powermax Minerals Reports Encouraging Rare Earth Element (REE) Assay Results from Phase 1 Program at Cameron Project, British Columbia
Powermax's Phase 1 exploration at the Cameron REE Project shows promising REE enrichment in surface and sediment samples, indicating potential for valuable light and heavy rare earth elements.

York Harbour Metals Announces Sale of Firetail Shares for CAD $1.71 million and Provides Strategic Update
York Harbour sold shares of Firetail, earned CAD $1.71M, retains a majority stake, and is involved in project development and potential partnerships in gold and rare earths.

Dryden Gold Corp. Announces Upsizing of Previously Announced Equity Financing with Participation from Centerra Gold
Dryden Gold increases its financing to $7.8M via flow-through and hard dollar shares, with Centerra Gold exercising its top-up right to maintain 9.9% interest.
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Spark Energy Minerals to Attend Lithium & Critical Mineral Summit in Brazil
Spark Energy Minerals sponsors and speaks at Brazil's Lithium and Critical Minerals Summit, showcasing its Arapaima Lithium & REE project to industry leaders.

Minaurum Announces Exercise of Option to Acquire Lone Mountain CRD Project in Nevada's Battle Mountain-Eureka Trend
Minaurum exercises its option to sell Nevada Zinc the Lone Mountain project, a zinc-rich deposit with historic resources and promising economic potential in Nevada.

Ucore Announces Brokered LIFE Offering of Units for up to $10 Million
Ucore plans a private placement of up to $11.5M with Red Cloud Securities, offering units with shares and warrants, in Canada and the U.S., under prospectus exemptions.

Powermax Minerals Completes Phase 1 Exploration Program at Cameron Rare Earth Project
Powermax completed Phase 1 exploration at its Cameron REE property in BC, including sampling and geophysical surveys, with results due in 6-8 weeks.

Strathmore Announces Private Placement up to $1M
Strathmore Plus plans a $1M private placement to fund Wyoming uranium exploration, offering shares and warrants, with insider participation and regulatory approval needed.

Arya Resources Secures Strategic Capital with Oversubscribed Insider-Backed Financing
Arya Resources raised $510,000 in non-flow-through financing to fund exploration in Saskatchewan and working capital, with insider participation and payables to Canaccord Genuity.

West High Yield (W.H.Y.) Resources Ltd. Announces Stock Option Grant
West High Yield granted 50,000 stock options to a consultant, with a $0.48 exercise price, vesting immediately, for 10 years, subject to TSXV approval.

Silver47 and Summa Silver Announce Upsize of Brokered Financing to C$6 Million
Silver47 and Summa increase a private placement to C$6M for a merger, offering subscription receipts for Summa shares and warrants, pending regulatory approval.

Silver47 and Summa Silver Announce Upsize of Brokered Financing to C$6 Million
Silver47 and Summa increase a C$6M private placement due to high demand, linked to their merger agreement, with subscription receipts convertible into Summa shares and warrants.

Dark Star Announces Appointment of VP of Exploration To Head Up Exploration at Bleasdell Historical Uranium Deposit, Saskatchewan and 28,575 Hectare Ghost Lake Uranium Project, CMB Labrador
Dark Star Minerals appoints Jeremy Hanson as VP of Exploration to advance uranium projects in Saskatchewan and Labrador, leveraging his 15+ years in mineral exploration.

Great Atlantic Trenching Program Underway at 100% Owned Golden Promise Gold Property, Central Newfoundland
Great Atlantic’s subsidiary begins trenching at Newfoundland's Golden Promise Gold Property to explore gold anomalies and quartz veins, with government approval for multiple trenches.

Forge Resources Announces Mobilization for 2025 Drill Program at Alotta Project, Yukon
Forge Resources mobilizes to start its 2025 Yukon drill program, aiming to test gold targets with up to 4,000 meters of drilling across 12 holes, focusing on the Alotta Project’s Payoff Zone.

Bullion Gold Begins Exploration Work on Bodo
Bullion Gold plans a second exploration on its Bodo project in Quebec, targeting copper, zinc, gold, silver, nickel, and cobalt, with plans for drilling in late 2025, and recently acquired the Cadillac Extension project.

Blue Star's Target Series: High Potential Critical Mineral Opportunities
Blue Star Gold explores Canada's North, discovering a major sulphide deposit, expanding mineral potential, and acquiring strategic land near key infrastructure for gold and critical minerals.

C3 Metals Commences Drill Testing Multiple Epithermal Gold Targets at Super Block Project, Jamaica
C3 Metals begins a 14-hole, 2,500m diamond drill program on its Super Block Project in Jamaica to explore gold targets, including the historic Pennants Mine and surrounding anomalies.

Seabridge Gold Begins Drilling Snip North Discovery
Seabridge's 2025 drill program at Iskut aims to develop a maiden Cu-Au resource, test porphyry targets, and explore district-scale potential in northwest B.C.'s Golden Triangle.

Benton Makes New Gold Discovery of 2.15g/t Over 7.70 m including 5.46g/t over 2.75 m and Cuts Several Zones of Copper-Rich Semi-Massive and Massive Sulphides at Great Burnt Main Zone and Footwall Zone
Benton Resources reports a new gold discovery near the Great Burnt Copper deposit, with promising assay results and potential extension of mineralization, amid ongoing drilling and exploration.

Golden Pursuit Announces 2025 Exploration Program at Gordon Lake Project, Northwest Territories
Golden Pursuit begins 2025 exploration at its Gordon Lake gold project, including mapping, sampling, drone surveys, and geochemical analyses to target high-grade zones.

PTX Metals Inc. Reports Further Highly Encouraging Drilling Results at Its W2 Cu-Ni-PGE and Gold Project
PTX reports high-grade Cu-Ni-PGE and gold assay results from its 2025 drilling at the W2 Project in Ontario, confirming broad mineralization and potential for a large bulk-tonnage deposit.

Black Swan Graphene Orders Next-Generation Production System to Triple Capacity to 140 Tonnes
Black Swan Graphene orders a new production unit to expand capacity from 40 to 140 tonnes annually, strengthening its position as a leading global graphene producer.

Ridgeline Minerals Sells Tungsten and Critical Metals Project to Midasco Capital Corp.
Ridgeline plans to sell its Nevada Eagle mineral claims to Midasco, focusing on tungsten, copper, and other critical minerals, aiming to maximize shareholder value and possibly spin off the asset.

Canter Resources Advances Railroad Valley Project with Integration of Historical Data Sets
Canter Resources integrated extensive geological data to improve exploration at Nevada's Railroad Valley, focusing on drill targeting for lithium, boron-rich brines, and reservoir potential.

Borealis Announces Contractor Mobilization at Borealis Mine
Borealis mobilizes contractors to start processing Nevada gold stockpile in June 2025, aiming for gold pours by late July, supporting restart plans and full-scale mining.

GoviEx Uranium Appoints Experienced Project Metallurgist as It Advances Muntanga Uranium Project
GoviEx appoints experienced metallurgist Deogratias Bukunkwe to lead pre-commissioning and operations at Zambia's Muntanga uranium project, aiming for project-ready status by 2028.

Pasofino Gold Engages MineScope Services to Conduct Phase One Feasibility Study Update at Dugbe Gold Project
Pasofino Gold updates on Dugbe project, engaging studies to optimize feasibility; key metrics include 5Mtpa throughput, 14-year mine life, $524M NPV, 23.6% IRR.

Zeb Nickel Project - 3-D Geophysical Modelling Defines Four Priority Drill Targets
Zeb Nickel reports new magnetic and gravity data identifying four deep, high-priority sulphide targets in South Africa, supporting potential massive nickel-copper-PGE mineralization.

Canterra Minerals Intersects 68 metres of 1.0% CuEq from Surface at the Buchans Project, Newfoundland
Canterra reports promising drill results at Buchans, showing continuous mineralization that could expand resources and enhance its critical minerals project in Newfoundland.

Exploits Enters into Option Agreement for 3 Advanced Gold Exploration Projects in Québec
Exploits Discovery Corp. acquires up to 100% interest in three advanced gold projects in Québec, expanding its portfolio in top Canadian mining regions.

District Commences Airborne MobileMT Survey at the Viken Property in Sweden
District Metals plans to use advanced MobileMT airborne surveys to identify mineralized Alum Shale signatures at its Viken Property in Sweden.

Thor Explorations Ltd: Announces Director & PMDR Dealing
Thor Explorations' Non-Executive Chairman, Adrian Coates, bought 29,032 shares, holding about 0.33% of the company's stock.
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