Mining News Releases & Company Updates - Page 26
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Gold Springs Resource Corp. Files Q2 2025 Financial Statements, MD&A and Provides Operations Update
Gold Springs reports reduced expenses, a smaller net loss, increased exploration, and ongoing permit applications as of June 30, 2025.

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.
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EMX Royalty Announces Q2 2025 Results; Increased 2025 Guidance and Significant Increases in Cash Flow from Operations
EMX reported strong H1 2025 financials with increased revenue, cash flow, and strategic growth, driven by rising commodity prices and opportunistic share buybacks.

Kapa Gold Announces Warrant Expiry Date Acceleration
KAPA Gold accelerates warrant expiry to September 10, 2025, after shares meet price targets; unexercised warrants will expire. Proceeds support general operations.

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.
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ELYSEE Earns $1,922,864 ($0.07 per Share) During the Three Months Ended March 31, 2025
Elysee's Q1 2025 results show increased net income, investment gains, and NAV, driven by strong gold sector performance and active portfolio management amid rising M&A activity.

Golden Cross Resources Targets Potential High-Grade Gold System
Golden Cross explores high-grade gold at Reedy Creek near Sunday Creek, with promising historic intercepts and a 3 km soil anomaly indicating potential for a large-scale gold system.

Western Exploration Announces Positive Preliminary Economic Assessment for the Doby George Resource at the Aura Project
Western Exploration's PEA for Doby George in Nevada shows strong profitability, low capex, quick payback, and high IRR, supporting potential development at favorable gold prices.

NeoTerrex Minerals Outlines 2025 Exploration Plans
NeoTerrex's 2025 exploration targets rare earths in Ottawa, focusing on prospecting, mapping, geochemistry, and drilling, with a $2M budget to expand their critical mineral projects.

Cordoba Minerals Announces Transformational Agreement to Sell Remaining Interest in Alacran Project
Cordoba agrees to sell its 50% stake in the Alacrán Project for $88M upfront, with up to $40M more possible, streamlining focus and unlocking value through a strategic divestment.

Lake Victoria Gold Engages Nesch Mintech for Commissioning Audit of Nyati Gold Processing Plant
Lake Victoria Gold engages Nesch Mintech for an independent audit of Nyati's gold plant to support a regional joint venture in Tanzania's gold processing, with commissioning scheduled for June 2025.

Group Eleven Intersects 12.0m of 2.30% Cu and 560 g/t Ag, Including 6.4m of 3.72% Cu and 838 g/t Ag, Demonstrating High-Grade Copper and Silver Potential at Ballywire
Group Eleven reports high-grade zinc, lead, silver, and copper assay results from Ballywire in Ireland, expanding the discovery footprint and highlighting significant mineralization.

Provenance Gold Substantially Expands its Eldorado Footprint Creating a District Scale Opportunity and Acquires Historical High-Grade Prospects Within the Land Package
Provenance Gold expands its Eldorado project in Oregon by 4,529 acres, adding the Sunday Hill and Randall mines with historical gold resources, enhancing district-scale exploration potential.

Blackrock Drills 4.2m of 700 g/t AgEq (Including 0.3m of 3,182 g/t AgEq) and Reports Multiple +1 kg/t AgEq Intercepts at Tonopah West
Blackrock Silver's drill program confirms high-grade gold and silver in Nevada, aiming to convert inferred resources to measured and indicated, with an updated estimate due in 2025.

Battery Mineral Resources Corp. Announces Annual Filings Status
Battery Mineral Resources faces a cease trade order for missing April 30, 2025, filings but expects to resolve it soon; existing shareholders can still sell securities under certain conditions.

Equinox Gold Reports First Quarter 2025 Financial and Operating Results
Equinox Gold's Q1 2025: Highest production at 145,290 oz, sold 147,920 oz at $2,858/oz, with plans to expand and merge with Calibre Mining.

First Majestic Announces Financial Results for Q1 2025 with Record Cash Position and Announces Quarterly Dividend Payment
First Majestic reports strong Q1 2025 financials with record cash, 88% increase in silver production, $110M cash flow, and a solid balance sheet, on track for a successful year.

Moon River Moly Ltd. Announces Filing of Amended Technical Report
Moon River updates its Davidson Project PEA report following OSC review, including disclosures, technical details, and compliance amendments.

Unigold Announces Closing of Non-Brokered Private Placement of $146,600
Unigold raised $146,600 via private placement to fund permitting and development in the Dominican Republic; each unit includes shares and warrants.

Onyx Arranges $3 Million Investment by Strategic Investor and Concurrent $5 Million Bought Deal Financing
Onyx Gold plans a $8M financing through a bought deal and private placement, with proceeds aimed at Canadian exploration expenses for projects in Ontario and Yukon.

Torex Gold Reports Q1 2025 Results
Torex reports in-line Q1 results, milestones achieved, Media Luna declared operational, production expected to increase, costs better than expected, and plans to generate positive cash flow.

Sierra Madre Announces Positive Q1 2025 Financial Results
Sierra Madre reports Q1 2025 revenues of $4.8M, with silver and gold sales, generating $535K cash, as they ramp up production and expand operations at their Guitarra and Coloso mines.

Lake Victoria Gold Announces Results of the Annual and Special Meeting of Shareholders
Lake Victoria Gold's shareholders elected new directors, approved a new incentive plan, appointed officers, and the company focuses on gold exploration in Tanzania.

Greenheart Gold Reports Several Significant Gold Intercepts From its Reconaissance Drill Program at The Majorodam Project in Suriname, Including 30.0 m at 2.06 g/t Au
Greenheart Gold reports promising drill results from Suriname's Majorodam project, showing significant gold intercepts and reinforcing the area's prospectivity.

ATEX Announces 2025 AGM Results
ATEX shareholders overwhelmingly approved all motions at their May 7, 2025 meeting, including director elections and plans for stock and share unit plans.

Sokoman Minerals Corp. Closes First Tranche of Critical Mineral Flow-Through Private Placement
Sokoman Minerals secures CAD$300K from first tranche of flow-through financing, boosting treasury to CAD$1.3M, supporting exploration projects and upcoming work.

CaNickel Seeks Minority Shareholder Approval for Delisting from TSX Venture Exchange at Upcoming Annual General and Special Meeting; Announces Appointment of New CFO
CaNickel will hold an AGM on June 11, 2025, to review financials, elect directors, appoint auditors, and seek shareholder approval for delisting from TSXV, excluding certain large shareholders from voting.

Scottie Resources Announces Maiden Mineral Resource Estimate for the Scottie Gold Mine DSO Project
Scottie Resources announced a maiden inferred gold resource of 703,000 ounces at the Scottie Gold Mine, focusing on shallow open-pit and underground mining with growth potential.

Rain City (RAIN): Update on Pilot Plant Operation Progress
Rain City Resources' pilot plant successfully processes lithium and other minerals from brine, validating scalable, environmentally friendly extraction technology for critical minerals.

Minnova Announces Private Placement of Units
Minnova plans to raise up to $800K via private placement of units, funding mine development, exploration, and working capital; warrants have a 2-year expiry.

Val-d'Or Mining Enters into Mining Option Agreement
Val-d'Or Mining grants Kirkland Lake Discoveries an option to acquire 100% of Ontario gold claims, with share issuance and expenditure commitments, plus potential royalties.

Alliance Mining Addresses Its Holdings at the Bissett Gold Mine Camp, Manitoba
Alliance Mining sues Tiberius for breach of a 2017 agreement, seeking transfer of mineral claims in Manitoba after Tiberius's refusal to transfer despite full payment.

PTX Enhances the Geological Interpretation of Its Exploration Target at The W2 Cu-Ni-PGE Project, Ontario
PTX Metals released new 3D geological data and magnetic survey results, revealing an 8 km mineralized gabbro horizon in Ontario's Ring of Fire, with plans to expand resources and a leadership update.

F3 Closes C$7 Million Bought Deal Private Placement
F3 Uranium closed a C$7 million private placement of flow-through shares to fund uranium exploration in Saskatchewan, with proceeds designated for eligible mineral expenditures.

ESGold Corp. Invited to Present at the Metals Investor Forum on May 9, 2025, in Vancouver
ESGold will present at the Vancouver Metals Investor Forum on May 9, 2025, updating on Montauban Project progress, upcoming production, and exploration potential.
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