Mining News Releases & Company Updates - Page 34
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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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South Pacific Metals Provides Project Updates and Announces Diamond Drill Rig Purchase to Accelerate Gold and Copper Exploration
South Pacific Metals Corp. has acquired a man-portable diamond drill, the MultiPower MP500, following a C$6.3 million financing. This will enhance exploration efficiency for gold-copper projects in Papua New Guinea, with drilling set to begin soon.
Belgravia Hartford Enters into Letter of Intent with Parallel Logic Corporation to Combine on the Launch of Ethpar Blockchain & Tokens
Belgravia Hartford Capital Inc. has signed a non-binding letter of intent with Parallel Logic Corporation to develop the Ethpar blockchain and tokens. The partnership aims to negotiate investment agreements for token exchanges, enhancing scalability and features over legacy Ethereum.
RETRANSMISSION: Manganese X Energy Corp. Reports Final Battery Hill Deposit Drill Results in Advance of Pre-Feasibility Study
Manganese X Energy Corp. announced the completion of its Battery Hill pre-feasibility drilling program, crucial for advancing mine permitting and de-risking the project. Results from 12 drill holes will enhance resource estimates and support further studies.
Amex Expands Central Polymetallic Zone - Drills 39.06 g/t Au, 331.92 g/t Ag, 1.14% Cu, 3.38% Zn, and 2.35% Pb over 1.30 m
Amex Exploration Inc. announces drill results from the Perron Project in Quebec, expanding the Central Polymetallic Zone (CPZ) mineralization by 130 m westward. Highlights include high grades of gold, silver, copper, zinc, and lead, indicating potential for further growth.
Cabral Gold Inc. Final Short Form Base Shelf Prospectus Is Accessible on SEDAR+
Cabral Gold Inc. has filed a final short form base shelf prospectus allowing the distribution of up to C$100 million in various securities over 25 months, providing flexibility for financing opportunities. The prospectus is accessible via SEDAR+.
Copper Fox Provides Update on Mineral Mountain Drill Permitting
Copper Fox Metals Inc. has updated the permitting process for a drilling program at its 100% owned Mineral Mountain copper property in Arizona. The Bureau of Land Management has accepted their Plan of Operations, initiating an Environmental Assessment and public comment period.
Dryden Gold Reports a New Discovery in Deep Drilling at Elora with Significant Visible Gold
Dryden Gold Corp. announces significant visible gold discovery during deeper drilling at Elora, indicating a strong Archean lode gold system. The company plans further testing and exploration in 2025, targeting multiple sites with a fully funded program.
Thor Explorations Announces Audited Financial and Operating Results for the Full Year and the Unaudited Three Months Ending December 31, 2024 and Maiden Dividend
Thor Explorations Ltd. announces its operational and financial review for Q4 2024, highlighting increased gold sales and revenue, reduced costs, and a net profit of $91.1 million. The company has fully settled its senior debt and declared its first dividend.
Manganese X Energy Corp. Reports Final Battery Hill Deposit Drill Results In Advance of Pre-Feasibility Study
Manganese X Energy Corp. announces the completion of its Battery Hill pre-feasibility drilling program in Quebec, marking a milestone for its upcoming Pre-Feasibility Study. The program aims to upgrade resource classifications, supporting the North American manganese supply chain.
LithiumBank Files NI 43-101 Resource Estimate Technical Report for the Boardwalk Lithium Brine Project, West-Central Alberta
LithiumBank Resources Corp. has filed a technical report detailing an updated mineral resource estimate for its Boardwalk lithium brine project in Alberta, revealing a 30% increase in lithium grade and confirming significant resources in multiple aquifers.
HighCliff Metals Announces Effective Date of Consolidation
HighCliff Metals Corp. will consolidate its common shares on April 14, 2025, at a ratio of 4:1, reducing shares from approximately 18.7 million to 4.7 million. This aims to improve capital financing and growth opportunities, pending Exchange approval.
Solis Announces Drilling to Commence at Chancho al Palo, Peru
Solis Minerals has received drilling approvals for its copper-gold project Chancho al Palo in Peru, with a 7,500-meter campaign set to begin soon. Ilo Este drilling permits are expected shortly. The company aims to identify large-scale mining resources in the region.
Kuya Silver Announces Closing of Final Tranche of Non-Brokered Private Placement
Kuya Silver Corporation has closed the final tranche of its private placement, issuing 2,343,000 shares for CAD$585,750, contributing to a total of CAD$2,900,000 raised. The funds will support general working capital, and the offering involved an insider transaction.
Bonterra Announces Closing of Private Placement of Units
Bonterra Resources Inc. closed a non-brokered private placement, selling 1,625,000 units at $0.20 each for $325,000. Funds will support exploration and working capital. The offering targets European investors, with shares and warrants under a restricted period.
KWG Resources Inc Announces Closing of First Tranche of Its Private Placement of Units
KWG Resources Inc. announced the closing of the first tranche of a private placement, raising $144,000 through the issuance of 116,129 units at $1.24 each. The funds will support the company's operations, with finder’s fees also paid in units.
Gunnison Copper Announces Closing of Private Placement of Units
Gunnison Copper Corp. has completed a non-brokered private placement raising C$5.15 million by issuing units. Proceeds will fund high-value opportunities, drilling, and metallurgical testing for a pre-feasibility study. Total funding now reaches C$9.44 million.
Makenita Resources Corporate Update
Makenita announced the completion of a private placement financing, raising $490,000 by issuing 4.9 million units at $0.10 each. Each unit includes a share and a warrant. Funds will be used for working capital, with securities subject to regulatory restrictions.
E-Power Resources Inc. Announces Closing of a First Tranche of Private Placement
E-Power Resources Inc. closed the first tranche of its private placement, issuing 3,646,460 units at $0.05 each for $182,323. Proceeds will fund general working capital. Insiders participated, exempt from certain approval requirements due to low market impact.
Homerun Resources Inc. The Impact of Recent Global Tariffs: A Message from the CEO
Homerun Resources Inc. addresses the impact of recent U.S. tariffs on global trade, highlighting Brazil's advantageous position amidst market volatility. The company assures shareholders that its diversified operations are insulated from tariff effects.
Inspiration Energy Closes $300,000 Financing
Inspiration Energy Corp. has completed a non-brokered private placement, issuing 1,875,000 Flow Through shares at $0.16 each for $300,000. Proceeds will fund exploration at its Nunavut, British Columbia, and Saskatchewan properties, qualifying under Canadian tax laws.
CORRECTION FROM SOURCE: Defiance Silver to Acquire Mexico-Focused Green Earth Metals
Defiance Silver Corp. issues a corrected press release regarding its acquisition of Green Earth Metals Inc., proposing to issue 4,954,613 shares at C$0.255 each. The acquisition aims to enhance Defiance's portfolio in a prime mining jurisdiction in Mexico.
Canadian Manganese Announces Delay in Filing Year End Audited Financial Statements, Issuance of Cease Trade-Order
Canadian Manganese Company Inc. announces a delay in filing its 2024 financial statements due to late audit commencement linked to unpaid fees and delayed royalty financing. The company expects to submit the required filings by the end of April 2025.
Enertopia Announces Proposed Financing
Enertopia Corporation plans to raise CAD $600,000 through a non-brokered private placement of six million units at CAD $0.10 each, aiming to fund the development of hydrogen technologies and general corporate needs. The offering includes share purchase warrants.
Glenstar Ventures Changes Name to Glenstar Minerals
Glenstar Ventures Inc. has received regulatory approval to change its name to Glenstar Minerals Inc., effective April 7, 2025. This change aims to better reflect its focus on mining and mineral exploration. All stock symbols remain unchanged.
Meryllion Resources Closes Second Tranche of Private Placement
Meryllion Resources Corporation has closed a second tranche of a non-brokered private placement, issuing 14,386,665 common shares at $0.015 each for $215,800. Funds will support working capital and potential acquisitions, pending CSE approval.
LithiumBank Announces Closing of Flow-Through Private Placement & First Tranche of LIFE Private Placement for Aggregate Gross Proceeds of $4,131,000
LithiumBank Resources Corp. has completed a non-brokered private placement, raising $2,000,000 by issuing 5,000,000 flow-through units at $0.40 each. Each unit includes a common share and a half warrant, with various securities regulations and restrictions applicable.
Zodiac Gold Commences Phase III Drill Program at the Arthington Target
Zodiac Gold Inc. has begun Phase III drilling at the Arthington target within its Todi Gold Project in West Africa, aiming to define a gold deposit. This phase involves 3,000 meters of diamond drilling, focusing on mineralized shear zones and expanding previous successes.
Corcel Exploration Inc. Appoints New Chief Executive Officer
Corcel Exploration Inc. has appointed Jon Ward as CEO, replacing Steven Dunn, who remains on the Board. Ward brings extensive experience in corporate strategy and investor relations. The company also granted 2,700,000 stock options and is acquiring the Yuma King Copper-Gold project in Arizona.
Legacy Gold Engages Suzette Ramcharan for Investor Relations Services
Legacy Gold Mines Ltd. has engaged WIN Expertise Inc. for investor relations and corporate communications services, subject to TSXV approval. The six-month contract totals $30,000, with the option to continue monthly. WIN is independent and has no interest in the Company.
Kenorland Announces Renewal of Normal Course Issuer Bid
Kenorland Minerals Ltd. has received TSXV approval for a normal course issuer bid (NCIB) to buy back up to 3,875,552 common shares starting April 10, 2025, for cancellation. Purchases will follow TSXV rules, with Haywood Securities Inc. as the broker.
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