Mining News Releases & Company Updates - Page 19
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Lions Bay Announces Plan to Consolidate Share Capital and Non-Brokered Private Placement
Lions Bay Capital plans share consolidation 5-for-1 and a private placement to raise $1.085M, subject to TSXV approval, for power plant due diligence, debt reduction, and working capital.

EDM Announces Positive Results of the Dense Media Separation Study
EDM reports DMS pilot tests at Scotia Mine show improved grades, high recoveries, reduced costs, and potential for increased zinc and lead production, boosting project economics.
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PTX Metals Inc. Provides Positive Mineralogy Results and a Work Program Update at Its W2 Cu-Ni-PGE and Gold Project
PTX reports positive mineralogy and metallurgy findings, ongoing exploration including geophysics, age dating, and mineral studies to advance its W2 Nickel-Copper-PGE project near Ontario's Ring of Fire.

Founders Metals Expands High-Grade Gold Zone at Upper Antino with 46.0 m of 3.59 g/t Au & Deep Drilling Extends Mineralization to 500 m Vertical Depth
Founders reports positive drill results at the Antino Gold Project, extending mineralization to 500m depth and highlighting high-grade zones, indicating growth potential.

Denarius Metals Commencing Activities to Restart Operations at the Aguablanca Project in Spain
Denarius Metals plans to restart the Aguablanca nickel mine in Spain by mid-2026, refurbishing facilities, accessing underground ore, and expanding reserves.
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Torr Metals Closes First Tranche of Non-Brokered Private Placement
Torr Metals closed its first private placement tranche, raising $1.18M to fund exploration of promising copper-gold zones in BC, targeting potential large-scale discoveries.

ESGold Launches Final Concentration Tests Ahead of First Production at Montauban
ESGold tests high-grade railbed gold-silver material for direct bullion pouring, aiming to optimize recovery, reduce processing steps, and support efficient, low-environmental impact production.

Northern Graphite Announces First Quarter 2025 Results
Northern Graphite reports record sales prices, increased volumes despite maintenance, with strategic growth in battery materials and market expansion efforts.

Japan Gold Corp. Announces Expiry of Listed Issuer Financing Private Placement
Japan Gold's private placement expired; it issued RSUs to new VP, focusing on gold exploration in Japan with partners like Barrick, NQX, and Newmont.

Goldshore Announces Repurchase of 1% NSR from Wesdome, Filing of Q1 Financial Statements and Provides Year to Date Project Highlights
Goldshore acquires a 1% NSR on Moss Gold Project for $7.5M, consolidating ownership amid ongoing drilling and resource growth efforts in Ontario, Canada.

Pasofino Gold Announces Its Attendance at the Mining Investment Event in Quebec City, Quebec from June 3-5, 2025
Pasofino Gold will attend a mining event in Quebec City; they explore the Dugbe Gold Project in Liberia, with significant resources and a 14-year open-pit mining plan.

Group Eleven Announces Appointment of Jasmine Lau as Chief Financial Officer
Group Eleven appoints Jasmine Lau as new CFO, bringing over 16 years of resource sector experience, replacing Jeannine Webb.

Roscan Gold Announces $1,000,000 Fully Subscribed Non-Brokered Private Placement Financing
Roscan raises $1M via private placement for gold exploration in West Africa; shares at $0.10, subject to approvals and regulations.

Arrow Announces Q1 2025 Interim Results and Provides Operational Update
Arrow Exploration reports Q1 2025 financial growth, increased production, new wells drilled, seismic data acquired, and upcoming horizontal well drilling in Colombia.

LithiumBank Updates NI 43-101 Lithium Brine Resource Estimate at Park Place, West-Central Alberta
LithiumBank updates resource estimate for Park Place in Alberta, reducing holdings to focus on high-potential areas, with 15.1 million tonnes inferred LCE, lowering licensing costs.

Solis Announces: Diamond Drill Rig Arrives at Chancho al Palo, Peru
Solis Minerals begins drilling at its Chancho al Palo copper project in Peru, testing anomalies with results expected in July 2025.

Royalties Inc. Reports Q1 Results For March 31, 2025 and Update on Capstone Lawsuit
Royalties Inc. reports Q1 2025 results, completed a private placement, DTC eligibility was approved, and ongoing legal disputes with Capstone over NSR rights.

Magna Mining Reports First Quarter 2025 Operating and Financial Results
Magna Mining's Q1 2025 results include asset acquisition, initial mine production, strong cash balance, and focus on optimizing operations and growth in Sudbury.

Details of Annual & Special Meeting of Aurania Shareholders
Aurania Resources will hold its AGM on June 12, 2025, in Toronto. Shareholders should vote by June 10. The company focuses on mineral exploration in South America.

Platinum Group Metals Ltd. Completes Non-Brokered Private Placement
Platinum Group Metals raised $1.008M via private placement with HCI, returning HCI to a 26% stake, for project development and corporate needs.

STLLR Gold Announces 2025 Annual and Special Meeting Results
STLLR Gold's shareholders approved all resolutions, elected new directors including Sandra Odendahl, and expressed confidence in the company's leadership and ESG focus.

Rise Gold Announces Closing of Second Sale of Industrial Land and Paying Off the Secured Debt
Rise Gold sold 66 acres of land for $4.3M, used part to pay debt, and retains a buyback option if mining approval is obtained.

Grizzly Announces Extension to Private Placement
Grizzly Discoveries extends a private placement raising up to $1M for mineral exploration, offering units and flow-through units to qualified investors.

ESGold Advances to Next Stage of Growth with Strategic Leadership Transition
ESGold transitions leadership to accelerate near-term production at its Montauban Gold-Silver Project, focusing on construction, exploration, and long-term growth.

T2 Metals Provides Update on Fire Situation at Sherridon VMS Project, Manitoba
T2 Metals suspends activities near Sherridon due to nearby wildfires, prioritizing safety. Operations will resume once the situation improves, with minimal long-term impact expected.

Tudor Gold Announces Closing of $14.95 Million Financing, with Participation by Eric Sprott
Tudor Gold raised ~$14.95M through a brokered offering, issuing units including non-flow-through and flow-through shares with warrants, led by Research Capital in May 2025.

Onyx Announces Closing of its Previously Announced $3 Million Financing Investment by Strategic Investor
Onyx Gold closed a $3 million private placement of shares, with a second tranche upcoming, to fund its operations; the deal is subject to TSX Venture approval.

Austral Gold Announces 2025 Annual General Meeting Results
Austral Gold shareholders approved resolutions and appointed BDO as auditor; the company advances its growth in gold and silver assets in the Americas.

Record Resources Finalises Hydrogen Exploration Plans for its Lake Temiskaming Properties, Ontario
Record Resources plans a 12-month multi-disciplinary hydrogen exploration program in Ontario, combining geochemistry, geology, and geophysics to identify and drill promising hydrogen prospects.

Tristar Gold Closes Brokered Private Placement
TriStar Gold raised C$10.1 million via a private placement to fund its Castelo de Sonhos gold project and operations, issuing units with shares and warrants.

Forge Resources Announces Closing of Further Interest to 80% in Fully Permitted Coal Project, Colombia
Forge Resources increases its Aion Mining stake to 80%, acquiring 20% through shares and promissory notes, advancing its growth in the coal sector.

Zephyr Announces Results of Annual and Special Meeting of Shareholders & Grants Stock Options
Zephyr Minerals shareholders approved AGM items, elected board members, appointed officers, renewed stock options, and reappointed auditors; focusing on its Dawson Gold project development.

InZinc Mobilizes to Drill Test for Extensions to Sedex Zn-Pb-Ag Discovery at Indy Project, Central BC
InZinc announces drilling at its Indy Sedex zinc-lead-silver project in BC, focusing on expanding the B-9 Zone and testing new anomalies, with drilling starting June 1st.

Argyle Announces up to C$1 Million LIFE Offering
Argyle Resources plans to raise up to C$1M via a unit offering, with proceeds for working capital, closing around June 6, 2025, pending approvals and a minimum raise of C$750,000.

Maritime Announces Share Consolidation
Maritime Resources proposes a 1-for-10 share consolidation to boost growth, attract investors, and increase marketability; effective June 16, 2025, pending TSX.V approval.
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