Mining News Releases & Company Updates - Page 2
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Quimbaya Gold Announces Termination of LOI with Denarius Metals
Quimbaya Gold's joint venture with Denarius Metals for artisanal mining at Tahami was terminated; Quimbaya retains full ownership and continues exploration plans.

Galloper Gold Clarification Release
Galloper Gold clarifies its recent EML license award on Glover Island, covering the historic LPSE gold resource, with no new exploration since 2012, within a mineral-rich 11 km corridor.
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Sanatana Announces Market Making Services Agreement with Independent Trading Group
Sanatana Resources hires ITG for one-month market-making to boost share liquidity, paying $5,000 monthly, with automatic renewal and no equity compensation.

Silver47 and Summa Silver Complete Merger to Create a Premier U.S. High Grade Silver Explorer & Developer
Silver47 and Summa merged to form Silver47 Exploration Corp., a U.S.-focused high-grade silver explorer with significant resources in Alaska, Nevada, and New Mexico.

Element 29 Announces Upsized Private Placement of up to $6,400,000
Element 29 Resources increases private placement to $6.4M for exploration in Perú, issuing units with shares and warrants, pending TSX-V approval.
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C3 Metals Strengthens Technical Team
C3 Metals appoints Dr. Stephanie Sykora as Chief Geologist, bringing over a decade of global exploration experience to strengthen their technical team.

St. Augustine Announces Positive Results of the Kingking Copper-Gold Project Updated Preliminary Feasibility Study
St. Augustine's Kingking project has strong economics, a 38-year mine life, large reserves, and plans for optimization and development, including low-cost copper and gold production.

Cabral Gold Announces the Appointment of Vinícius Resende Domingues to Board of Directors
Cabral Gold appoints Vinícius Domingues to its board; he is a mining expert from Vale S.A., enhancing strategic value for Brazil-focused gold exploration and development.

Lake Victoria Gold Announces Non-Brokered LIFE Private Placement of Units and Concurrent Private Placement of Common Shares
Lake Victoria Gold plans a private placement raising up to $6M with units including shares and warrants, plus a concurrent offering of shares, to fund its projects.

Independence Gold Intersects 52.46 Metres Grading 2.51 g/t Gold and 19.73 g/t Silver in the Johnny Vein at the 3Ts Project, BC
Independence Gold reports high-grade gold-silver drill results at BC's Johnny Vein System, confirming mineralization continuity and potential for resource expansion.

Neotech Metals Commences Drilling at Its TREO Project in British Columbia
Neotech begins exploration drilling at its TREO Project in BC's Wicheeda District to confirm high-grade rare earth zones, advancing the region's strategic potential.

Benz Discovers New High Grade Gold Lens at Zone 126
Benz reports new gold lens discovery and 100m down-dip extension at Glenburgh, WA, with ongoing drilling confirming significant mineralization and structural modeling success.

MineHub Closes Financing and Warrant Incentive Program
MineHub raised CAD $500,000 via private placement, issued shares and warrants, and exercised warrants to generate over CAD $1 million, with securities subject to holding periods.

Metalite Announces Share Consolidation
Metalite Resources consolidates shares 1-for-10, trading begins on July 30, 2025; shareholders will follow specific procedures for new share certificates.

Avalon Closes $1,300,000 Lind Financing and Advances Analcime Test Work Project
Avalon advances projects with Lind funding, focusing on byproduct innovation, particularly analcime for sustainable cement, supported by Ontario's fund and research partnerships.

Sylla Gold Announces Approval of Loans
Sylla Gold issued 599,998 shares to lenders for $45,000 in promissory notes, with certain related party transaction exemptions under TSXV policies.

Rumble Resources Completes $525,000 Financing and Wilmac Copper-Goal Project Share Issuance
Rumble Resources completed a private placement raising $525K, issued units for its Wilmac Project, and aims to fund exploration, US OTC listing, and working capital.

Zephyr Closes Private Placement
Zephyr Minerals raised $260K via private placement for working capital and water drilling at Dawson Gold, with insider participation, subject to regulatory approval.

Apex Announces Repricing of Financing
Apex Resources re-prices its $1M financing with flow-through shares at $0.08 and non-flow-through units at $0.05, including warrants, to raise funds for its projects.

Exploration Drilling Underway at the Pine Ridge Uranium Project In the Powder River Basin, Wyoming
Snow Lake Energy starts a 38,000m drill program at Pine Ridge in Wyoming's uranium-rich Powder River Basin, aiming to establish a maiden resource before 2025.

Mason Resources Highlights Performance and Value of Key Public Market Investments
Mason Resources reports strong returns from investments in Nouveau Monde, Black Swan, NorthX Nickel, and Astra Exploration, benefiting from market developments and strategic sales.

St. Augustine Closes Private Placement
St. Augustine closed a private placement raising nearly $25M for its King-king project, focusing on development, feasibility, and financing.

Big Ridge Gold Corp. Closes Upsized $5.2 Million Private Placement
Big Ridge Gold raised $5.25M via private placement to fund the Hope Brook Gold Project, issuing shares, warrants, and pay fees; aiming for project advancement.

Scorpio Announces Equity Issuances
Scorpio Gold grants stock options and RSUs to staff and insiders, with details on quantities, vesting, and related-party status, under its equity incentive plan.

Nexcel Commences 2025 Summer Work Program at Lac Ducharme REE Project
Nexcel Metals begins its 2025 summer exploration at Quebec's Lac Ducharme REE project to identify drill targets, building on previous promising results.

GoldShore Intersects Additional Mineralization Beneath the Conceptual Open Pit at the Southwest Zone with 22m of 1.30 g/t Au
Goldshore's winter drill program at Moss Gold Project shows promising results, potentially adding significant ounces to future resource estimates with high-grade gold intercepts.

Benz Announces Closing Final Tranche of A$13.5M Financing
Benz Mining completes Tranche 2 of its private placement raising approximately A$2 million, with Spartan Resources maintaining a 14.91% stake; funds to support company growth.

Silicon Metals Corp. Announces Stock Option Grant
Silicon Metals grants 1 million stock options to a director and a consultant, exercisable at $0.06, with vesting conditions, as part of its exploration projects in Canada.

Adyton Resources Strengthens Board and Grants Stock Options and RSUs
Adyton Resources appoints Michael Gray as Non-Executive Director, bringing extensive mining analysis and capital markets experience; also grants stock options and RSUs.

Homerun Resources Inc. Files for Approval of $3 Million Financing; Updates $6 Million Institutional Financing
Homerun Resources seeks TSX Venture approval for a $3M private placement, aiming to raise $1.57M initially for projects, with insider participation and warrant incentives.

Kuya Announces Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption
Kuya Silver plans to raise CAD$5-10M via private placement of units, each with a share and warrant, with details on terms and legal compliance.

Minnova Announces Completion of Debt Settlement
Minnova settled $800K debt by issuing 15.99M shares at $0.05, mostly to insiders, with shareholder approval and statutory hold restrictions.

CopperCorp Closes Final Tranche of Private Placement Raising $2.5M with Lead Order from Crescat Capital
CopperCorp raised over $2.5M via private placement, with Crescat acquiring 9.3%, supporting ongoing drill programs at its Tasmanian copper-gold project near Mt Lyell.

Altiplano Makes Application for Management Cease Trade Order As Part of the 2025 Audit Filing Process
Altiplano Metals anticipates delays in filing 2025 financial statements due to ongoing audits, aiming for completion by August 30, 2025, and may pursue a Management Cease Trade Order.

Sierra Madre Announces Closing of First Tranche of $19.5 Million Best Efforts Private Placement of Units
Sierra Madre closed a $17.75M first tranche of a private placement to fund mine expansion, exploration, and general corporate needs, with key insiders participating.
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