Mining News Releases & Company Updates - Page 24
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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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Gunnison Copper Announces Completion of Nebari Credit Agreement Amendment
Gunnison Copper and Nebari amend a credit agreement, suspending principal payments, enabling partial conversion, and planning sale of tax credits, with conditions now satisfied.

Lake Victoria Gold Evaluates Small-Scale Development Concept at Tembo Project
Lake Victoria Gold evaluates small-scale gold mining at Tanzania's Tembo Project for early cash flow, but the initiative is preliminary with high associated risks.

Provenance Gold Commences 2025 Drilling Program at the Eldorado Project in Eastern Oregon
Provenance Gold begins its 2025 RC drilling at Eldorado, Oregon, aiming to expand and better understand the gold mineralization, building on previous successful exploration.

LIFT Reports Preliminary Lithium Conversion Testwork Results for the Yellowknife Lithium Project
Li-FT Power reports up to 98% lithium extraction from spodumene concentrate at the Yellowknife Lithium Project, marking a key milestone toward North American lithium supply.

District Provides Drilling Update on the Tomtebo Property in Sweden
District Metals reports drill results at Sweden's Tomtebo Property, including mineralization and high-grade zones, with ongoing exploration at Kvistaberget targeting VMS mineralization.

Kingsmen Resources Provides Update on Private Placement
Kingsmen Resources received TSX Venture approval for its private placement, increased warrant exercise price to $1.05, and sponsors the Resource Stock Digest. It focuses on the Las Coloradas silver project in Mexico.

Equinox Gold and Calibre Mining Amend Arrangement Agreement in Respect of Proposed Business Combination, Announce Adjournment of Respective Shareholder Meetings, New Meeting Dates Set for May 1, 2025
Equinox Gold and Calibre Mining amend their merger agreement, offering Calibre shareholders 0.35 EQX shares per Calibre share, creating a major gold producer with over 1.2M oz/year.

Solis Announces Succesful Closing of Tranche 2 Placement
Solis Minerals closed Tranche 2 of a placement raising over A$2.6M, issued shares, options, and performance rights, with additional shares pending and specific trading restrictions.

Fairchild Gold Announces Closing of a Private Placement and Provides Corporate Update
Fairchild Gold closed an $810,000 private placement raising funds via units with shares and warrants, involving related parties, with specific warrant exercise and acceleration terms.

Rise Gold Announces US$3,000,000 Financing
Rise Gold plans to raise $3 million via a private placement of units, including shares and warrants, to fund operations at its Idaho-Maryland Gold Mine in California.

Nexa Resources Announces Redemption of Its 5.375% Notes Due 2027
Nexa Resources plans to redeem its 2027 Notes worth $110.5M on May 23, 2025, at a specified price, as part of its debt management.

Cabral Gold Announces an up to $10 Million Best Efforts Financing Including an Investment by Mr. Eric Sprott
Cabral Gold plans to raise up to $10M via a unit offering, with Eric Sprott investing $2M, subject to regulatory approval, closing around May 1, 2025.

ACME Lithium Announces Name Change and Consolidation
ACME Lithium plans to consolidate shares 1-for-3, change its name to Surface Metals Inc., and trade under symbol "SUR" starting April 28, 2025.

Xtra-Gold Announces Possible Delay in Filing Year-End Reporting Documents
Xtra-Gold may miss its 2024 SEC Form 20-F deadline due to audit delays, risking a management cease trade order and default under Canadian securities laws.

American Creek Resources Increases Non-Brokered Private Placement up to $1,200,000
American Creek increases private placement to $1.2M, offering units with shares and warrants at $0.09 each, for general working capital; approval pending.

Wealth Minerals Provides Update on Kuska Permitting
Wealth's application for a Chilean lithium operation contract for Kuska was declined; they are exploring appeals or regular permitting options.

Radisson Announces Upsize of Previously Announced Private Placement to $12 Million
Radisson upsized its oversubscribed private placement to C$12.07M to fund exploration at the O'Brien Gold Project, selling flow-through and common shares with a May 15 closing.

Origen Extends Lithium Target Area by 3 Square Kilometers at Los Sapitos
Origen Resources reports successful exploration at its Los Sapitos Lithium Project, identifying new targets and preparing for further drilling and geophysical surveys.

GoldQuest Commences 2025 Exploration Program with 5,000 Meters of Drill Campaign
GoldQuest begins a 2025 exploration program in the Tireo Belt, including up to 5,000m of drilling targeting several VMS prospects to discover new deposits and advance existing resources.

Dryden Gold Receives Notice of Top-Up Right from Centerra Gold
Dryden Gold plans to issue shares to Centerra to maintain its 9.99% stake; proceeds will fund exploration in Ontario.

Excellon Announces Upsize of Brokered Private Placement of Units for Gross Proceeds of up to C$7.0 Million
Excellon Resources increases private placement to C$7M, led by Eric Sprott, to fund project development, with closing expected around May 2, 2025.

Northern Graphite Receives Letter of Support from Port of Rotterdam for Baie-Comeau Battery Anode Material Facility
Northern Graphite's BAM facility in Baie-Comeau gains support from Rotterdam Port and local authorities, advancing Canada's role in critical minerals and battery supply chains.

Zodiac Gold Announces Upsizing of Non-Brokered Private Placement
Zodiac Gold upsizes its private placement to CAD $1.11M to fund exploration and growth, with strong investor support; insider also participates.

Ivanhoe Mines to Issue Q1 2025 Financial Results After Market Close on April 30 and Host a Conference Call for Investors on May 1, 2025
Ivanhoe Mines will release 2025 Q1 results on April 30, with a conference call on May 1 to discuss the financials and projects in Africa.

B.C. Government Files Responses to Petitions Challenging KSM's Substantially Started Designation
Seabridge Gold's KSM project faces legal challenges over its Substantially Started designation, with a court hearing scheduled in September 2025; the company disputes the petitions.

Founders Metals Extends Buese Gold Mineralization over 1,000 m & Intersects 21.6 m of 2.38 g/t Au
Founders Metals reports promising gold assay results at Buese Prospect, indicating significant expansion, bulk tonnage potential, and ongoing mineralization at the Antino Gold Project in Suriname.

Talon Metals Feasibility Study Drilling Shows Potential Lateral Extension of High-Grade Nickel-Copper Mineralization Beyond the Southernmost Tip of the Tamarack Resource Area
Talon Metals reports drill intercepts suggesting potential extension of massive sulphide mineralization beyond current resources at Tamarack, aided by BHEM survey; drilling ongoing.

Hercules Metals Appoints Dillon Hume as Vice President, Exploration
Hercules Metals appoints Dillon Hume as VP of Exploration, leveraging his extensive experience in exploration drilling and resource discovery to advance its key projects.

Maritime Drills 49.4 gpt Gold over 2.6 Metres, Including 153.9 gpt Gold over 0.6 Metres at the Hammerdown Gold Project
Maritime Resources reports high-grade gold drill results at Hammerdown project, confirming mineralization and advancing project development.

Canterra Minerals Identifies New Exploration Targets Outside of Existing Resource and Expands Boomerang Project
Canterra expands Boomerang Project with new targets and staking in Newfoundland, enhancing its VMS mineral district holdings and resource potential.
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