Mining News Releases & Company Updates - Page 33
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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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Maritime Resources Announces Closing of $20 Million Brokered Private Placement Financing
Maritime Resources Corp. closed a brokered private placement raising $20,002,500, led by Paradigm Capital. Key investors include Eric Sprott and Dundee Corporation. The offering included 266.7 million units, each with shares and warrants, for exploration funding.
Aranjin Resources Announces Closing of Private Placement and Debt Settlement
Aranjin Resources Ltd. closed a non-brokered private placement, raising $230,400 by issuing 2,880,000 units at $0.08 each. The funds will support projects in South Australia and Mongolia. Additionally, the company settled $349,423 in debt with shares and warrants.
GoGold Reports Q2 Production at Parral to 555,479 Silver Equivalent Ounces
GoGold Resources Inc. reported production of 555,479 silver equivalent ounces for Q1 2025, comprising silver, gold, copper, and zinc. The stable cash flow from their Parral operation will fund exploration at Los Ricos South as they await mining permits.
Cosa Resources Enters into Option Agreement for the Astro Uranium Project, Athabasca Basin, Saskatchewan
Cosa Resources Corp. has signed an option agreement with Global Uranium Corp. for up to 80% interest in the Astro uranium project. The deal involves over C$10 million in commitments, with Cosa as the initial operator, aiming to explore this underdeveloped area near key uranium mines.
Ridgeline Minerals Provides 2025 Budget Guidance for the Selena CRD Project, Nevada
Ridgeline Minerals Corp. announced a 2025 drill program budget for the Selena CRD project, backed by South32, which will invest $602,000 in Year-1 and $3.45 million in Year-2. Drilling, targeting a key anomaly, is set to begin in June 2025.
$30M Investment in U.S. Uranium Sector Positions Snow Lake at the Heart of America's Energy Shift
Snow Lake Resources Ltd. plans to invest $30 million in U.S. uranium exploration over three years to meet rising domestic energy demands and enhance supply chain resilience. The focus will be on the Pine Ridge Uranium Project in Wyoming, aligning with U.S. energy independence goals.
ESGold Corp. Engages IBN to Initiate Coverage and Expand Visibility Among U.S. Investors Ahead of Production
ESGold Corp. has partnered with IBN to enhance its investor awareness strategy, utilizing IBN's extensive media network to attract a broader U.S. investor base. With its Montauban Gold-Silver Project set for production in Q3 2025, ESGold aims to increase market visibility.
Nine Mile Metals Closes Fully Subscribed Private Placement and Debt Conversion
NINE MILE METALS LTD. completed a second tranche of a private placement, issuing 6,309,699 units at $0.021 each, raising $132,503. The total funding from both tranches is $388,653. Proceeds will support general administrative needs, with insider participation noted.
Manitoba Mineral Development Fund (MMDF) Approves New $300,000 Grant Targeted for Updated NI 43-101 Resource Est. & Prelim Economic Assessment (PEA) for the Tartan Mine
Canadian Gold Corp. has received a $300,000 grant from the Manitoba Mineral Development Fund to update the Tartan Mine's resource estimate and conduct a Preliminary Economic Assessment. This funding, along with other financing, will boost the company's capital to $3.5 million.
Prospector Receives Permit Approval for ML Project Drill Program
Prospector Metals Corp. has received Yukon Government approval for its 2025 ML Project work plan, allowing up to 5,000 meters of diamond drilling across five target areas. The program starts in June 2025 and will include prospecting and geological mapping.
First Majestic Produces 7.7 Million AgEq Ounces in Q1 2025 Including a Record 3.7 Million Silver Ounces
First Majestic Silver Corp. reported a strong Q1 2025 with total production of 7.7 million silver equivalent ounces, including 3.7 million silver ounces and 36,469 gold ounces. This marks an 88% increase in silver production year-over-year, reflecting operational improvements.
Goldshore Expands Winter Drill Program to 20,000 Meters
Goldshore Resources Inc. is expanding its winter diamond drilling program at the Moss Gold Project in Ontario by 5,000 meters, bringing the total to 20,000 meters. This decision follows successful results and aims to enhance resource estimates and economic performance.
Heliostar Drills 8.85 Metres Grading 25.0 g/t Gold and 768 g/t Silver at the La Colorada Mine, Sonora, Mexico
Heliostar Metals Ltd. announced positive drilling results from its La Colorada Mine, with high-grade gold and silver intercepts indicating potential for underground expansion. The company plans additional drilling and aims to update its technical report in mid-2025.
Lake Victoria Gold Provides Update on Tembo Project Following Mining License Conversion
Lake Victoria Gold has converted its Prospecting License into four Mining Licenses for the Tembo Project in Tanzania, allowing development and production. This milestone, supported by over $28 million in exploration, enables the company to maximize shareholder value.
Starcore Updates on Exploration at Kimoukro Gold Project in Cote d'Ivoire - Soil Geochemistry and Auger Drilling Campaign
Starcore International Mines Ltd. announced successful auger drilling and soil sampling results from its Kimoukro gold project in Ivory Coast. The campaign included 355 holes drilled to confirm gold anomalies and assess untested areas, with significant local community involvement.
LithiumBank Announces Closing of Final Tranche of LIFE Private Placement
LithiumBank Resources Corp. has completed a $2.9 million final tranche of its private placement, raising a total of $4.9 million. Each unit includes a share and a half warrant. The offering is exempt from holding periods under Canadian securities laws.
Advanced Gold Exploration Announces Private Placement
Advanced Gold Exploration Inc. announces a non-brokered private placement of up to 4 million units at $0.05 each, aiming for $200,000 in gross proceeds. Each unit includes one share and one warrant. Proceeds will fund corporate needs, pending regulatory approval.
Sasquatch Resources Completes Acquisition of Santana Mineral Claim on Quadra Island and Extends Option Period at Blue Grouse
Sasquatch Resources Corp. has acquired mineral claim 1097236, the former Santana mine on Quadra Island, BC, covering 517.19 hectares. The company issued 500,000 shares to the vendors as part of the agreement, with historical data on previous mining activities provided.
Spark Energy Hits Highest Lithium Anomalism to Date Identifying New Priority Lithium Target "Cruzeta"
Spark Energy Minerals Inc. has announced promising lithium and pathfinder element results from rock-chip sampling at the new Cruzeta target in Brazil's Arapaima Lithium Project. The findings indicate high lithium values and potential for further exploration and drilling.
Silver Elephant Announces Warrant Amendments
Silver Elephant Mining Corp. is amending the exercise price of 11.68 million common share purchase warrants from various prices to $0.30, effective April 22, 2025. Amendments for insider-held warrants require shareholder approval at the next AGM.
CleanTech To Acquire Rights to El Triunfo Gold-Antimony Project in Bolivia from Silver Elephant
Silver Elephant Mining Corp. and CleanTech Vanadium Mining Corp. have reached an agreement for Silver Elephant to assign its rights to the Triunfo Option Agreement, allowing CleanTech to acquire mining rights in Bolivia for CAD 155,000, pending regulatory approvals and due diligence.
Nickelex Announces Name Change to Paradigm Gold Corporation and Share Consolidation
Nickelex Resource Corporation will change its name to Paradigm Gold Corporation and consolidate its shares on a 1-for-10 basis, pending TSX Venture Exchange approval. The new shares will trade under the symbol "PDQ" starting April 11, 2025.
Rain City (RAIN): Update on Pilot Plant Commencement
Rain City Resources Inc. announces the arrival of the ACCELi mineral extraction pilot plant in Pennsylvania, set to start operations soon. The plant aims to extract lithium and other critical minerals from wastewater brine, with a 21-day trial period to validate the technology.
GoldQuest Accelerates Growth Strategy with Appointment of New VP of Exploration
GoldQuest Mining Corp. has appointed Leandro Sastre as Vice President of Exploration, leveraging his extensive experience in mineral exploration, particularly in the Dominican Republic, to enhance the company's exploration strategy for 2025 and beyond.
Enertopia Announces Technology Patents Update
Enertopia Corporation announces advancements in green technology, specifically a patent-pending oxyhydrogen production system. The technology aims to retrofit refrigeration systems with a carbon-free energy source, showcasing potential for global market impact.
Lahontan Announces Private Placement of Units
Lahontan Gold Corp. announces a non-brokered private placement to raise up to $2 million by issuing 40 million units at $0.05 each. Each unit includes a common share and a half warrant. Proceeds will fund general working capital and exploration at the Santa Fe Mine.
Nova Pacific Metals Receives Drill Permit for 50 Hole Drill Program at the Lara VMS Project
Nova Pacific Metals Corp. has received an exploration drilling permit from the British Columbia Ministry of Mining for its Lara VMS Project. The permit allows for a 10,000-meter drill program to confirm historical mineral resources and update the current Mineral Resource Estimate.
Commander Resources Obtains Interim Order for Plan of Arrangement and Provides Details of Shareholder Meeting
Enduro Metals Corporation and Commander Resources Ltd. announced that Commander received a Supreme Court interim order for their proposed acquisition. A shareholder meeting is set for May 15, 2025, to vote on the arrangement, with related materials being distributed to securityholders.
Awalé Hits 1.6 g/t Gold Eq. over 45 Metres at the BBM Zone, Odienné Project
Awalé Resources Limited announced significant gold-copper mineralization results from its 22-hole diamond drill program at the BBM discovery in Côte d'Ivoire, confirming continuity over 1 km and depths of 300 m, with a focus on a higher-grade core identified in recent drilling.
Military Metals Corp. Summarizes U.S. Decision to Exempt Antimony from 'Liberation Day' Tariffs
Military Metals Corp. comments on the U.S. government's exemption of certain critical minerals, including antimony, from new tariffs. This highlights the importance of these minerals for various applications and underscores the need for secure domestic supply chains to reduce reliance on imports.
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