Mining News Releases & Company Updates - Page 32
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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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ACME Lithium to Acquire 90% interest in Cimarron Gold Project in Nye County, Nevada and Provides Corporate Update
ACME Lithium Inc. has signed an agreement to acquire a 90% interest in the Cimarron Gold Project in Nevada from Crestview Exploration for $149,000 and 1 million shares. The project has a historic gold resource and will be developed under a future joint venture.
Crestview Exploration Closes Purchase of Cimarron Project near Tonapah, Nevada & Enters into Sale and Joint Venture Agreement with Acme Lithium Inc.
Crestview Exploration Inc. has finalized the acquisition of the Cimarron gold project, obtaining 100% ownership from Nevada Select Royalty. The project includes 13 claims near the historical San Antonio mine, with an estimated resource of over 50,000 ounces of gold.
Snow Lake Updates on the Joint Venture with Global Uranium and Enrichment Limited on the Pine Ridge Uranium Project
Snow Lake Resources Ltd. updates on its joint venture with Global Uranium and Enrichment Limited for the Pine Ridge Uranium Project in Wyoming. GUE has expanded mineral claims and plans an equity raise. Snow Lake commits A$5.8 million for a stake in GUE.
Nickel 28 Announces Confirmation of Cash Distribution from Ramu Joint Venture
Nickel 28 Capital Corp. announces an upcoming cash distribution of approximately US$1.2 million from its Ramu joint venture, alongside a US$2.1 million debt repayment. Production was affected in H2 2024 by planned shutdowns and mechanical failures, but 2025 is expected to improve.
Fathom Nickel Announces Upsizing of Previously Announced Private Placement to $1.5 Million, Including Strategic Participation by Crescat Capital LLC
Fathom Nickel Inc. has increased its private placement financing from C$705,000 to C$1,500,000 due to strong demand. The offering includes units priced at $0.03, with each unit comprising a common share and a warrant. Crescat Capital will invest up to 33% of the offering, supporting Fathom's exploration efforts in Saskatchewan.
Viscount Mining Identifies Key Copper Porphyry Indicators at Passiflora Project in Silver Cliff, Colorado
Viscount Mining Corp. reports promising results from their first drill hole at the Passiflora project, revealing notable sulfides and alteration zones indicative of copper porphyry systems. Observations suggest potential complex mineralization, warranting further analysis.
Atomic Minerals Announces Option Agreement to Acquire Saskatchewan Mineral Claims
Atomic Minerals Corporation has signed an option agreement to acquire a 100% interest in two mineral claims in Saskatchewan, totaling 5,355 hectares. The Mozzie Lake project shows potential for uranium mineralization, with a historic estimate of 208,300 tons grading 0.118% U3O8 from past drilling.
Canadian Gold Corp. Doubles the Phase 4 Drill Program at Tartan Mine Following McEwen Mining Investment
Canadian Gold Corp. plans to double its Phase 4 drill program at the Tartan Mine in Flin Flon, Manitoba, to 8,000 metres following a 5.9% equity investment from McEwen Mining. The aim is to expand resource potential in the Main and South Zones.
Founders Metals Appoints Barry Macdonald as New Director & Announces Results of AGM
Founders Metals Inc. appointed Barry Macdonald as an Independent Director, highlighting his extensive finance and governance experience. Shareholders also approved the election of all Directors and reappointment of auditors during the AGM held on April 8, 2025.
QIMC Announces New High Hydrogen Concentrations of 21,882 PPM (2.19%) and 21,055 PPM (2. 11%), Reinforcing the Exclusive Clean Natural Hydrogen Model, and Announces Strategic Expansion In Northern Ontario
Quebec Innovative Materials Corp. (QIMC) announced significant advancements in its Clean Natural Hydrogen program, achieving up to 21,882 PPM of hydrogen gas. The company is expanding into Ontario and plans further exploration, reinforcing its leadership in the clean hydrogen sector.
Standard Uranium Announces Strategic Partnership with Fleet Space and Multiphysics Surveys on Flagship Davidson River Project
Standard Uranium Ltd. has partnered with Fleet Space Technologies to enhance uranium exploration at its Davidson River Project in the Athabasca Basin using advanced Exosphere Multiphysics surveys, aiming to identify high-grade uranium deposits.
Canter Resources Provides Corporate Updates and Comments on Potential Impact of Tariffs on Lithium and Boron Markets
Canter Resources Corp. addresses the impact of impending tariffs on lithium and boron markets, highlighting potential cost increases and the acceleration of domestic investment in critical mineral projects. The company sees opportunities for its Columbus Project amid increasing U.S. focus on self-sufficiency in critical materials.
Amex Exploration Completes Acquisition of Perron West Project
Amex Exploration Inc. announces the acquisition of 48 claims (1,737 hectares) near its Perron project in Quebec and additional claims in Ontario, totaling 15,192 hectares. This transaction enhances Amex's exploration potential in the region.
Onyx Gold Intersects 3.4 g/t Gold Over 69.6 Meters Including 5.4 g/t Gold over 34.5 Meters at Munro-Croesus Project and Announces Option Agreement
Onyx Gold Corp. reports high-grade gold drill results from hole MC24-163 at the new Argus North Zone, with notable intersections of 13.9 g/t over 9.5m and 38.5 g/t over 3.0m. The company has also acquired a 21-hectare property to expand its mining potential.
AuMEGA Announces Strategic Expansion of Bunker Hill, Winter Program Update and Multigram Gold from Blue Cove
AuMEGA Metals Ltd. reports progress on its Bunker Hill winter drilling, nearing completion with 3,600 metres drilled and a summer program set to resume in July. They also highlight significant gold assays from the Blue Cove Project and ongoing exploration across their Newfoundland portfolio.
Dryden Gold Announces Ontario Junior Exploration Program Grant at Gold Rock Camp
Dryden Gold Corp. received a CAD $200,000 grant from Ontario's Junior Exploration Program for its Gold Rock Camp exploration. The funds will support drilling new targets in 2025, promoting local exploration and economic growth, as stated by government officials.
Core Nickel Announces Re-Assay Results for the Mel Deposit on the 100%-Owned Mel Project in the Thompson Nickel Belt, Manitoba
Core Nickel Corp. announces high-grade nickel mineralization results from re-analysis of historical drill holes at the Mel project, confirming the integrity of past data and supporting an updated resource estimate. Encouraging results enhance confidence in the deposit's quality.
Independence Gold Expands Winter Drill Program to 13,000 Metres
Independence Gold Corp. is expanding its winter drill program at the 3Ts Project in British Columbia from 10,000 to 13,000 meters due to successful results. This expansion aims to follow up on key mineralized zones, enhancing exploration potential and shareholder value.
Tudor Gold Announces Appointment of Ms. Diana Swain to the Advisory Board
Tudor Gold Corp. has appointed Ms. Diana Swain to its Advisory Board. Swain, a distinguished former CBC journalist and founder of Diana Swain Strategies, has a notable career in investigative journalism and has received multiple awards for her contributions.
Forge Resources Provides Update at Fully-Permitted La Estrella Coal Project, and Appointment of Marketing Firm
Forge Resources Corp. reports significant progress on the La Estrella coal project, including completed main portal construction and ongoing underground development. The company is also evaluating proposals for on-site housing to support its workforce and enhance operational efficiency.
Makenita Resources Applies for Drill Permit in Ontario
Makenita Resources Inc. has applied for a drill permit for its Silver/Cobalt project in Ontario, aiming to begin exploration soon. With rising silver prices and improved access to the area, the company sees significant growth potential.
Arrow Exploration Announces Operational Update
Arrow Exploration Corp. reports strong production updates for its Tapir Block in Colombia, with over 4,500 boe/d and recent drilling of two horizontal wells. The company has increased its cash position to over $25 million, has no debt, and plans further production growth.
GoldQuest Mining Expresses Condolences After the Tragedy in Santo Domingo
GoldQuest Mining Corp. expresses deep sadness over the loss of the CEO's relatives in a nightclub tragedy in Santo Domingo. The company offers condolences to all victims' families and supports its Dominican team during this difficult time.
Alpha Exploration Closes First Tranche of Private Placement Financing
Alpha Exploration Ltd. has closed a non-brokered private placement, raising $3.2 million by issuing 4.57 million units at $0.70 each. Proceeds will fund exploration in Eritrea and cover operational costs. Insider participation classifies it as a related party transaction.
Zentek Announces Closing of $2,000,000 Non-Brokered Private Placement of Debenture Units
Zentek Ltd. has completed a non-brokered private placement, issuing 2,000 debenture units for $2 million. Each unit includes a $1,000 convertible debenture maturing in 2028 at 5% interest and 454 warrants for purchasing common shares at $2.20.
IAMGOLD Provides Notice of First Quarter 2025 Results and Conference Call
IAMGOLD Corporation will release its Q1 2025 financial results on May 6, 2025, followed by a conference call on May 7 at 8:30 a.m. ET. Access options include a webcast and telephone registration. The company is a gold producer with operations in North America and West Africa.
DLP Resources Inc. Engages German Mining Networks for Investor Relations
DLP Resources Inc. has engaged German Mining Networks GmbH for investor relations services for three months, at $6,800 per month. GMN will assist in communication and investor outreach to enhance DLP's capital raising efforts in Europe.
Angel Wing Metals Intercepts Gold Mineralization with Inaugural Drill Program at The La Reyna Project
Angel Wing Metals Inc. announced positive assay results from its initial 13-hole diamond drill program at the La Reyna Gold Project in Mexico, confirming mineralization continuity with all holes returning anomalous gold intersections. Highlights include significant gold and silver grades from multiple drill sites, marking a successful early-stage exploration effort.
Avalon Advanced Materials Adopts Shareholder Rights Plan
Avalon Advanced Materials Inc. has adopted a shareholder rights plan to ensure fair treatment of all shareholders against unsolicited take-over bids and creeping bids. The plan, effective April 8, 2025, requires shareholder ratification and aims to protect company interests.
Galleon Gold Receives Closure Plan Approval for West Cache Gold Project
Galleon Gold Corp. announced approval for an advanced exploration bulk sample program at its West Cache Project in Ontario, allowing extraction of 86,500 tonnes of gold ore. This milestone will provide crucial data for pre-feasibility studies and reduce project risks.
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