Mining News Releases & Company Updates - Page 19
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Argyle Announces Renewal with Euro Digital Media
Argyle Resources extends a marketing deal with Euro Digital Media for one month, paying $500K, to promote its mineral exploration projects in North America.

Vizsla Royalties Announces Completion of Payment of Acquisition and Amendment to Compensation Plan
Vizsla Royalties completes a royalty acquisition in Mexico and amends its equity plan, doubling potential issuances, and grants stock options and RSUs to align staff with growth.
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ONGold Announces Filing of NI 43-101 Technical Report for the Monument Bay Gold Project and Provides Corporate Update
ONGold filed a NI 43-101 technical report on Monument Bay Gold Project, detailing historical mineral resources, extensive drilling, and exploration potential in Manitoba.

District Files NI 43-101 Technical Report for the Viken Deposit Mineral Resource Estimate in Sweden
District Metals filed a NI 43-101 report updating mineral resources at its Viken Project in Sweden, highlighting indicated and inferred resources for various minerals.

Kenorland Closes Atlantic Project Acquisition and Receives Notice of Exercise of Top-Up Right from Sumitomo and Centerra
Kenorland Minerals acquired 31,052 hectares of mineral claims in New Brunswick's Atlantic Project, enhancing its exploration portfolio for gold, polymetallic deposits, and other minerals.
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Riverside Resources' Blue Jay Gold Corp. Completes Non-Brokered Private Placement Financing
Riverside's subsidiary Blue Jay Gold raised $922K via private placement, boosting exploration in Ontario; Riverside holds 74.8% of Blue Jay shares.

Sankamap Metals Mobilizes to the Oceania Project
Sankamap Metals begins a geophysical survey on its Kuma copper-gold project in the Solomon Islands, aiming to identify mineralization potential along a trend with deposits like Lihir and Panguna.

Great Pacific Gold Commences Phase I Drilling Program at Wild Dog
Great Pacific Gold began drilling at the Wild Dog Project in PNG, confirming a 15km vein system with potential for high-grade mineralization over 1,000m deep.

Emperor Metals Commences Gap Study at Lac Pelletier Mine
Emperor Metals hires Norda Stelo for a gap analysis to ensure environmental compliance at the Lac Pelletier Project, advancing towards potential production and permitting.

Loncor Gold Announces Upsize of the Brokered Private Placement for Gross Proceeds of up to C$8.0 Million
Loncor Gold upsizes its private placement from C$5M to C$8M, offering units with shares and warrants, to meet strong investor demand.

Eminent Provides Drilling Update at Hot Springs Range Project
Eminent Gold's drill program at Nevada's Hot Springs Range shows promising mineralization near the Otis Fault, with assay results pending, indicating potential resource expansion.

Myriad Uranium Expands its New Mexico Land Position, Now Controls Significant High Grade Historical Resources and Vast Majority of Historical Boreholes at Red Basin
Myriad Uranium doubles its acreage at New Mexico's Red Basin project, covering most historic uranium resources, with substantial mineralization near surface, offering resource expansion and economic potential.

Standard Uranium and Aero Energy Report New Gravity Survey Targets and Assay Results, Sun Dog Project, Northwest Athabasca Basin
Standard Uranium identifies new drill targets at Sun Dog project after gravity surveys and anomalous uranium in drill holes, advancing exploration in northern Saskatchewan.

Quimbaya Gold and Denarius Metals Partner to Formalize Artisanal Mining at Tahami Project, Strengthening Long-Term Exploration Strategy
Quimbaya Gold partners with Denarius Metals in a 50:50 joint venture to formalize artisanal mining, support exploration, and generate cash flow in Colombia's Tahami Project.

Denarius Metals Announces Binding Letter of Intent with Quimbaya Gold for a 50/50 Joint Venture to Exploit the Tahami Project in the Segovia Gold District of Colombia
Denarius Metals and Quimbaya Gold form a 50/50 joint venture in Colombia to formalize artisanal mining, develop near-term production, and support community relations.

Vicuña: 3 New Copper-Gold-Silver Targets on Trend with Filo Del Sol
Mogotes Metals announces new copper, gold, and silver target clusters near Filo del Sol, with promising assay results and geophysical data, indicating potential for porphyry and epithermal mineralization.

Aero Energy and Standard Uranium Report New Gravity Survey Targets and Assay Results, Sun Dog Project, Northwest Athabasca Basin
Aero Energy identified new drill targets and uranium anomalies at Sun Dog Project in Saskatchewan through gravity surveys and 2024 drilling, building on historical uranium findings.

Elysee Announces Normal Course Issuer Bid
Elysee Development plans a buyback of up to 4.99% of shares, starting May 13, 2025, funding from existing capital, replacing its current bid, and will report to shareholders.

Dryden Gold Reports 301.67 g/t Gold over 3.90 Meters Including 1,930 g/t Gold over 0.60 Meters in a New Hanging Wall Discovery
Dryden Gold reports high-grade gold discoveries at Elora Gold System, including new hanging wall zones with significant assays, highlighting ongoing exploration success.

Forge Resources Expands Infrastructure to Facilitate 24-Hour Operations and Accelerate Development at La Estrella Coal Project
Forge Resources upgrades infrastructure at La Estrella for 24-hour operations, including electrical, lighting, security, and road enhancements to boost productivity.

Southern Cross Gold Closes First Tranche of Private Placement
Southern Cross Gold closed part of a C$143M private placement, issuing shares to fund projects at its Sunday Creek Gold-Antimony Mine in Australia, with more proceeds planned for exploration and development.

Andean Precious Metals Reports First Quarter 2025 Financial Results
Andean Precious Metals reports Q1 2025 revenue of $62M, adjusted EBITDA of $22M, with higher gold and silver prices boosting profits compared to Q1 2024.

IAMGOLD Reports First Quarter 2025 Results
IAMGOLD reported Q1 2025 production of 161,000 ounces, with stable operations at Côté and plans for increased throughput and future growth, aiming for 735,000-820,000 ounces annually.

ESGold Corp. Issues Restricted Share Units to New Director and Provides Construction Update on Montauban Project
ESGold approves RSUs for director, advances construction at Montauban project, with production targeted for late 2025 and a focus on sustainable mining.

IAMGOLD Publishes 2024 Annual Sustainability Report
IAMGOLD published its 2024 Sustainability Report highlighting progress in ESG practices, responsible mining, and community support, with a focus on transparency and sustainable growth.

IAMGOLD Announces Results of Annual General Meeting of Shareholders
IAMGOLD shareholders elected directors, approved auditors, and supported executive compensation at the May 6, 2025 AGM.

World Copper Terminates Letter Agreement
World Copper terminates its agreement to sell its interest in the Zonia copper project; no funds were exchanged. The company focuses on copper exploration in Arizona and Chile.

Unigold Announces Non-Brokered Private Placement of Up To $150,000
Unigold plans a private placement to fund exploration in the Dominican Republic, issuing units with shares and warrants, subject to regulatory approvals.

Cabral Gold Announces Closing of Upsized Financing for $14.9 Million in Proceeds
Cabral Gold raised nearly C$15 million via a Units offering for exploration, with proceeds to fund projects, working capital, and corporate needs.

Phenom Staffs Up with Talented Carlin-Type Gold Specialists
Phenom Resources hires two experienced Carlin-gold specialists to lead field work on their Nevada projects, aiming to advance them to drill stage.

Menel Energy and Resources Limited - News Release Pursuant to: National Instrument 62-103
Menel Energy acquired 13.56% of GoviEx Uranium through a private placement, aiming to increase or decrease stake based on market conditions and investment strategies.

Inspiration Energy Announces Closing of Fully Subscribed Private Placement
Inspiration Energy closed a $975,000 private placement to fund gold project drilling, expand marketing, and support operations, with securities subject to hold periods.

Argo's February 2025 Oil Production
Argo Gold's February 2025 oil production totaled 2,975 barrels, generating $218,586 revenue and $131,564 net cash flow, with interests in multiple oil fields averaging 106 barrels per day.

CORRECTION FROM SOURCE: KWG Resources Inc Announces Closing of Third Tranche of Its Private Placement of Units
KWG Resources completes its private placement, raising over $3.9 million to fund acquisitions, issuing units with shares and warrants.

Canuc Resources Corp. and Macdonald Mines Exploration Inc. Announce Revised Closing Date Regarding Proposed Acquisition Transaction
Canuc's acquisition of Macdonald Mines delayed; Macdonald to delist from TSXV, closing expected around May 7, 2025. Macdonald focuses on mineral exploration in Ontario.
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