Mining News Releases & Company Updates - Page 28
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Manganese X Reports Positive Phase 2 Ore-Sorting Results - Achieving 80% Mill Feed Upgrade Improvement - Projected to Reduce Capital and Operating Costs
Battery Hill ore sorting boosts feed grade by 80%, reducing costs and improving project economics; results support integration into the upcoming Pre-Feasibility Study.
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.
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Aranjin Resources Announces Name Change and Director Resignation
Aranjin Resources plans to change its name to Trinity One Metals, trade under ticker 'TOM', and has announced a director resignation, with TSXV approval pending.
Scottie Announces Closing of the First Tranche of Its Previously Announced Non-Brokered Financing
Scottie Resources raised over $8.3M via flow-through shares for BC exploration, led by Ocean Partners, with funds dedicated to the Scottie Gold Mine Project.
Search Minerals Inc. Announces Closing of Settlement with Certain Creditors
Search Minerals settled $100,000 debt by issuing 203,688 shares, approved by TSX Venture, with a four-month hold period.
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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.
Sorrento Resources Closes $375,000 Financing
Sorrento Resources closed a $375K private placement funding exploration, repayment, and operations, with insiders subscribing for $110K; securities are subject to a hold period.
RETRANSMISSION: Sanatana Enters into a Definitive Agreement to Acquire 5,900 Hectare Gold Strike Two Project Establishing Foothold in the Rogue Plutonic Complex Region in Yukon, Canada
Sanatana Resources plans to acquire the Gold Strike Two Project in Yukon, near Snowline Gold's Rogue project, aiming for potential gold mineralization, with a concurrent private placement and name change.
KWG Resources Inc Announces Closing of Third Tranche of Its Private Placement of Units
KWG Resources closes its private placement, raising over $3.9M for mineral exploration, including chromite and base metals, through units with shares and warrants.
Palamina Channel Sampling in the Cayos Zone Returns 18.1 gpt Gold over 7 Metres at the Usicayos Gold Project
Palamina resumes exploration in Peru, identifying high-grade gold zones, new shear structures, and planning further drilling at the Usicayos project.
Canadian Gold Corp Announces Strategic Investor Robert McEwen Exercises 3,571,450 Warrants Increasing Ownership to 32.9%
Robert McEwen exercised warrants increasing his stake in Canadian Gold to 32.9%, boosting company funds and shares; Canadian Gold focuses on gold exploration in Canada.
Adyton Reports First Drill Intercepts of up to 36 Grams per Tonne Gold from Its Wapolu Drill Campaign
Adyton reports promising gold assay results from Wapolu, PNG, indicating near-surface mineralization with high grades, supporting potential shallow open-pit mining; further results expected.
Millennial Potash Intersects Significant Potash in BA-001-EXT at its Banio Potash Project in Gabon
Millennial Potash extended drillhole BA-001 in Gabon, intersecting thick potash seams, promising increased resources and a future feasibility study.
Homerun Resources Inc. >99.99% NREL Silica Sent to UC Davis for Femtosecond Purifcation, Appoints Mr. Stephen Burega to Board of Directors
Homerun Resources advances high-purity silica production, partnering with UC Davis for laser purification, aiming for ultra-pure silica for batteries and industrial uses amid rising silicon demand.
Beyond Lithium to Acquire Rare One Project in Southeastern British Columbia to Expand Critical Minerals Portfolio
Beyond Lithium acquires the Rare One Project in BC, a 4,688-hectare REE exploration site, for shares and staking costs, with previous exploration indicating potential for rare earth mineralization.
Zodiac Gold Announces Final Closing of Oversubscribed Non-Brokered Private Placement
Zodiac Gold closed a private placement, raising CAD$1.15M to fund exploration at its Todi Gold Project, with strong investor demand exceeding the initial target.
Great Pacific Gold Sells Lauriston Project for A$4m Plus A$2m in Contingent Payments While Retaining 2% NSR Royalty
Great Pacific Gold sells Lauriston Project in Australia for A$2.5M cash, shares, and royalties; divests assets, gains funding, and benefits from spin-out and exploration.
Loncor Gold Reports Final Drill Assays from Its Deepest Drill Hole at Adumbi
Loncor reports final drill results from hole LADD029 at Adumbi, showing significant gold grades in deep mineralized sections, supporting resource estimates.
Kenorland and Auranova Announce Completion of Winter Drill Program at the South Uchi Project, Ontario
Kenorland and Auranova completed a 2025 winter drill program at South Uchi, Ontario, testing the Papaonga target with 27 holes; results expected late Q2 or early Q3 2025.
QIMC Enters Strategic Exploration Agreement with QMET for Nova Scotia Natural Hydrogen and Helium Initiative
QIMC and QMET signed a contract for exploration of natural hydrogen and helium in Nova Scotia, using advanced surveys to expand QIMC’s hydrogen exploration efforts.
Universal Digital Announces Changes to Its Board of Directors
Universal Digital welcomes Christian Kaczmarczyk to its board, leveraging his crypto venture experience; two directors resign; Kaczmarczyk receives RSU grants.
Riverside Resources and Questcorp Mining Execute Definitive Option Agreement for La Union Project, Sonora, Mexico
Riverside Resources secures an option agreement with Questcorp for the La Union gold project in Mexico, with up to C$5.5M funding and active exploration planned.
AuMEGA Metals Identifies Major Structure at Bunker Hill from RC Drilling
AuMEGA's winter drilling at Bunker Hill found bedrock gold, with promising assays and major structure exploration, planning further 10,000m drilling in 2025.
Questcorp Signs Option Agreement to Acquire 100% Interest in La Union Project, Sonora, Mexico and Completes Technical Report for La Union Project
Questcorp entered a deal to explore the La Union carbonate project in Mexico, aiming to gain full ownership; a technical report supports its progress.
Graphano Engages Mercator for NI 43-101 Resource Estimate and Launches Exploration at Black Pearl Project
Graphano engages Mercator for NI 43-101 resource estimate and starts exploration at Black Pearl graphite project in Québec to support future growth.
IMPACT Silver Announces Full Year 2024 Results With Record Revenue and a Return to Net Profit in Q4
IMPACT Silver reported a 53% revenue increase to $31.9M in 2024, driven by higher zinc and gold production, with a net income of $1.6M in Q4, up from a loss in 2023.
Mineral Road Announces Termination of AusVan Sale
Mineral Road Discovery's deal with NewPeak Metals for acquiring AusVan Battery Metals was terminated; the company focuses on exploration investments.
Medaro Mining Announces Share Consolidation
Medaro Mining consolidates shares 5-to-1, reducing outstanding shares from ~18.2M to ~3.6M, with trading to resume on May 9, 2025, on the CSE.
Chesapeake Gold Announces Resignation of Board Member
Chesapeake Gold announces Alan Pangbourne's immediate resignation as director; the company focuses on its Metates gold-silver project in Mexico.
Aurania Closes Private Placement with Total Gross Proceeds Of C$1.72M
Aurania Resources completes its private placement, raising C$1.73M through units with shares and warrants, including finder's fees and warrant terms.
Sixty North Gold Announces Drill Intersection of Massive Sulphides Returns Anomalous Gold Values
Sixty North Gold reports initial VMS drill results in BC, confirming the presence of sulphide horizons and prioritizing lower conductors for further testing.
Edison Lithium Announces Completion of Extension of Term of Warrants
Edison Lithium's warrants extension approved, now expiring in October 2027; company focuses on lithium and energy metals exploration for battery industry.
Silver Elephant Closes Non-Brokered Private Placement raising Gross Proceeds of $696,830
Silver Elephant closed a CAD 696,830 private placement raising funds through units with shares and warrants, involving related-party subscriptions under regulatory exemptions.
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