Mining News Releases & Company Updates - Page 23
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Solis Announces: Drilling Commenced at Ilo Este Copper Gold Project, Peru
Solis Minerals starts 5,000m drilling at Ilo Este, Peru, testing copper-gold targets in a prolific district with promising historical results and new exploration data.

Golden Rapture and Mine CA Gold Enter into a Multi-million Dollar Earn-In and Joint Venture Agreement
Golden Rapture grants Mine CA Gold an option to acquire up to 75% interest in the Phillips Township Gold Project through payments, share issuance, and exploration funding.
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Equity Metals Reports First Assays from No. 3 North 2025 Expansion Drilling, Including 540 g/t AgEq over 3.5m, Silver Queen Property, BC
Equity Metals reports positive assay results from drill program at Silver Queen project, confirming mineralization extension and vein continuity, with multiple veins intersected and ongoing exploration.

Nickel 28 Releases Ramu Q2 2025 Operating Performance
Nickel 28 reports strong Q2 2025 results from Ramu mine, with increased nickel and cobalt production, lower costs, and favorable cobalt prices, setting up for a strong second half.

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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Excellon Announces Closing of Brokered Private Placement of Units for Gross Proceeds of C$8.0 Million, Including Full Exercise of the Agents' Option and Lead Investment by Eric Sprott
Excellon Resources raised C$8M via a private placement, issuing units with shares and warrants, with agents receiving fees and broker warrants.

RJK Announces Approval of Warrant Amendments
RJK Explorations amended warrants, extending expiry to 2027 and reducing some exercise prices, with details on insider warrants and company contact information.

District Announces $6 Million Private Placement Financing
District Metals plans to raise up to C$6 million via private placements to fund exploration in Sweden.

EMX Royalty Announces Q1 2025 Results; Significant Increases in Royalty Revenue, Adjusted Royalty Revenue and Adjusted EBITDA
EMX reported strong Q1 2025 growth with $10.8M royalty revenue (+40%) and $7.1M adjusted EBITDA (+120%), driven by strategic acquisitions, debt repayment, and solid financials.

Resource Centrix Announces Appointment of New CEO
Resource Centrix appoints Billy Chan as CEO, replacing Ron Ozols, while Ozols remains a director; Chan brings 20+ years of finance and M&A experience.

Minaurum Announces Engagement of Marketing Firms
Minaurum Gold signs 3-month marketing agreements with Capital Analytica and NIA for social media, reporting, and promotion, subject to TSX-V approval.

Zodiac Gold Grants Stock Options
Zodiac Gold grants 4.5 million stock options to directors and officers; aims to explore its Todi gold project in Liberia.

Argo's March 2025 Oil Production
Argo Gold's March 2025 oil production was 3,249 barrels, generating $211,595 revenue and $112,770 cash flow; the company operates in oil and mineral exploration.

Pacific Arc Resources Inc. Update on Previously Announced Private Placement and Resignations
Pacific Arc hasn't received funds from its private placement and has experienced leadership resignations; it is seeking replacements.

McLaren Resources Purchases NSR on Its McCool Gold Property
McLaren acquires a 1% NSR on part of the McCool gold property in Ontario for $6,000 and shares, leaving only a remaining NSR held by Newmont.

TNR Gold NSR Royalty Update - McEwen's Los Azules Copper Definitive Feasibility Study Expected in July 2025
TNR Gold holds a 0.4% NSR royalty on McEwen Mining's Los Azules copper project, which invested $21.3M in Q1 2025 to advance its feasibility study.

Lion One Drills 54.16 g/t Gold over 1.9 m, Including 156.55 g/t Gold over 0.6 m at Tuvatu Gold Mine in Fiji
Lion One reports high-grade gold results from drilling at Fiji's Tuvatu project, focusing on the Ura lode system, with potential for expansion and high-grade mineralization.

Riverside Resources Sets Date to Receive Spinout Shares of Blue Jay Gold Corp
Riverside Resources plans to spin out Blue Jay Gold on May 22, 2025, distributing shares to shareholders; Blue Jay aims to list on TSXV, enabling focused growth.

Canadian Gold Corp. Tartan South Zone Continues to Hit: 140m Vertical Expansion Intersects 9.4 gpt Gold/ 3.3m
Canadian Gold expands the South Zone at Tartan Mine by 120% below 2017 estimates, indicating strong mineralization potential and possible mine restart benefits.

Military Metals Announces Participation at the EIT Raw Materials Summit as EU Implements ReArm Europe Plan/Readiness 2030, Brussels May 13-15
Military Metals announces participation in the EU Raw Materials Summit to connect critical mineral projects with funding, supporting Europe's defense and raw materials goals.

Vicuña: Compelling New Geophysical Target on Trend with Filo Del Sol
Mogotes Metals identified a large geophysical anomaly near Los Mogotes, indicating a potential new copper-gold-silver mineralization target close to the Filo Del Sol resource.

Talon Metals Makes Second Historic Discovery in a Month at Tamarack: 34.9 Meters of Massive Nickel Mineralization Intercepted in a New Zone
Talon Metals reports the longest high-grade nickel sulphide intercept at Tamarack, Minnesota, with 34.9 meters, confirming significant mineralization potential and marking a historic milestone.

Kenorland Completes Top-Up Right from Sumitomo and Centerra
Kenorland Minerals, with Sumitomo and Centerra, exercised their rights to retain significant ownership stakes, issuing shares worth $320,479.78, in a related-party transaction.

Nuvau Minerals Completes High Resolution Drone MAG Survey
Nuvau Minerals surveyed gold anomalies on the Matagami property, with plans for diamond drilling in late 2025 to explore gold potential in a region mainly known for base metals.

NexGen Energy to Host Q1 2025 Conference Call on Rook I Project Developments
NexGen Energy will hold a Q1 2025 conference call on May 20, sharing updates on Rook I Project, exploration at Patterson Corridor East, and market outlook; filings available May 13.

North Peak Announces Harry Dobson Has Been Appointed Executive Chairman and a Director; Grant of Stock Options
North Peak Resources appoints Harry Dobson as Executive Chairman and Board member, with Mike Sutton stepping down but remaining as a technical adviser.

Gladiator Intersects 14m @ 3.13% Copper and 0.69 g/t Gold, Extending High-Grade Copper-Gold Mineralization at Cowley Park to the North-East by 250m
Gladiator Metals reports encouraging drill results at Cowley Park, extending copper mineralization by 250m with high-grade intercepts, indicating potential for further exploration.

Awalé Hits 5.2 g/t Gold over 15 Metres Among Multiple High-Grade Intercepts at the Empire Target, Odienné Project
Awalé reports significant high-grade gold intercepts at Empire, Côte d'Ivoire, with potential for resource expansion, highlighting the project's district-scale mineralization.

Triumph Gold Discovers a New Silver and Gold Vein Showing at the Freegold Mountain Project, Yukon
Triumph Gold discovers a new silver-gold vein system, Proton Zone, near its Yukon project, with high-grade samples and potential links to nearby deposits.

Copper Fox Provides Update on Schaft Creek Project
Copper Fox reports positive environmental and archaeological study results for the Schaft Creek project, aiding future development and stakeholder engagement.

Omai Gold Drills 8.51 g/t Au over 9.3m (capped), 3.56 g/t Au over 21.8m, and 2.32 g/t Au over 19.8m in Resource Expansion Drill Program at Wenot
Omai Gold reports promising drill results from its Wenot deposit in Guyana, indicating ongoing resource expansion beyond previous estimates.

TUDOR GOLD Appoints Joe Ovsenek as President and CEO and Augments Its Executive Team
Tudor Gold appoints new executive leaders, including Joe Ovsenek as CEO, enhancing its management team with proven mine builders to support growth and development.

CanCambria Energy Corp Announces Resource Evaluation Report for the Kiskunhalas Tight-Gas Project, Southern Hungary
CanCambria reports a large natural gas and condensate resource at Hungary’s Kiskunhalas project, with significant value and a detailed development plan involving 100 wells and substantial investment.

Azincourt Energy Provides Update on the Harrier Uranium Project
Azincourt provides an update on the Harrier Project in Labrador's Central Mineral Belt, highlighting its exploration potential, proximity to major deposits, and regional uranium prospects.

RETRANSMISSION: Inspiration Energy Applies For Drill Permit at Rottenstone North Gold Project
Inspiration Energy submits a drill permit for its Rottenstone North Gold Project in Saskatchewan, near Ramp Metals' gold discoveries, signaling growth and potential for upcoming drill programs.
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