Mining News Releases & Company Updates - Page 35
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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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Hydrogen Anomalies Found on Record Resources' Lorrain-Bucke Property
Record Resources announced the discovery of hydrogen anomalies on its Lorrain-Bucke property in Lake Temiskaming, Ontario, following a geochemical survey by a joint team. The results indicate effective hydrogen prospecting techniques and potential active hydrogen outgassing in the area.
Eminent To Raise $5 Million Led by Strategic Investor, Kinross Gold Corp.
Eminent Gold Corp. is launching a non-brokered private placement to raise up to $5 million by issuing 12.5 million units at $0.40 each, with Kinross Gold acquiring a 9.9% stake. Proceeds will fund exploration and drilling at Hot Springs Range Project and Celts project.
DynaResource Reports Year End 2024 Results Demonstrating a Return to Profitability in Q4 2024 at the San Jose de Gracia Mine
DynaResource, Inc. reported improved profitability for FY 2024, with Q4 revenue rising 124% to $14.8 million and net income of $0.1 million, reversing a loss from Q4 2023. Gold production increased by 19%, and milled throughput showed significant growth, indicating operational success.
Standard Uranium Executes Letter of Intent to Option Corvo Project in Eastern Athabasca Basin
Standard Uranium Ltd. has signed a letter of intent with Vital Battery Metals Inc. to grant them a 75% interest in the Corvo Project in the Athabasca Basin. The deal involves payments, share issuances, and exploration expenditures over three years to advance uranium exploration.
Canter Resources Receives Approval of Amended Notice of Intent, Clearing Path for Expanded Drilling at the Columbus Lithium-Boron Project
Canter Resources Corp. announced approval from the Bureau of Land Management for an amended exploration plan at the Columbus Lithium-Boron Project in Nevada, allowing for expanded drilling to target deeper lithium-boron mineralization in a highly prospective area.
Lion Copper & Gold Announces Leadership Transition
Lion Copper and Gold has appointed John Banning as CEO, succeeding Steven Dischler, who becomes Director of Community Relations. Banning will oversee the Yerington Copper Project's Pre-Feasibility Study. His compensation includes performance options tied to shareholder value.
Southern Cross Gold Increases Drill Rigs to Eight and Updates Regional Programs at Sunday Creek, Australia
Southern Cross Gold Consolidated Ltd is increasing drilling efforts at its Sunday Creek project in Victoria, mobilizing two additional diamond drill rigs for a total of eight. Ongoing geophysical surveys aim to support future exploration applications and provide essential data.
Ivanhoe Mines Reports Significantly Increased Hydroelectric Power Availability for Kamoa-Kakula
Kamoa-Kakula has achieved record copper production of 133,120 tonnes in Q1 2025 due to improved operations and increased hydroelectric power. A new copper smelter is set to start next month. Ivanhoe Mines will release Q1 financial results on April 30, 2025.
QMET Enters Agreement to Acquire Colchester Natural Hydrogen Exploration Assets Adjacent to QIMC's Nova Scotia Hydrogen District and Expands QIMC Collaboration
Q Precious & Battery Metals Corp. has entered an acquisition agreement for the Colchester project, enhancing its hydrogen exploration portfolio. The project includes 7 licenses and requires a $25,000 payment and issuance of 8 million shares, subject to CSE approval.
Defiance Silver to Acquire Mexico-Focused Green Earth Metals
Defiance Silver Corp. has entered a non-binding LOI to acquire Green Earth Metals Inc., which holds valuable mining assets in Mexico. The deal aims to enhance Defiance's portfolio in a premier mining region, focusing on copper-gold-silver projects with significant exploration potential.
Nexa Resources Announces Expiration and Results of Its Any and All Cash Tender Offers for Notes Due in 2027 and 2028
Nexa Resources S.A. announced the results of its cash Tender Offers for its 2027 and 2028 senior unsecured notes, with approximately 48.72% and 72.23% of the respective notes tendered by the expiration date. The offers were detailed in an April 4, 2025 release.
Waraba Gold Limited Announces Closing of First Tranche
Waraba Gold Limited has closed a US$200,000 offering of non-convertible debentures to fund initial commitments and working capital. A related party transaction occurred as director Carl Esprey purchased US$50,000 in debentures, exempt from certain approval requirements.
Rain City (RAIN) Completes Final Closing of Private Placement
Rain City Resources Inc. has completed a private placement, raising $454,450.05 by issuing 6,059,334 shares, with funds directed towards operational expenses at a pilot plant and general working capital. Shares are subject to a four-month hold period.
IMPACT Silver Proposes Extension of 2025 Share Warrants
IMPACT Silver Corp. proposes to extend the expiry dates of 33,357,104 share warrants by 18 months, pending TSX Venture Exchange approval. This includes 30,903,012 April Warrants and 2,454,092 May Warrants, originally set to expire in 2025. A portion is held by a director, qualifying as a related party transaction.
Early Warning Press Release Regarding Investment in International Battery Metals Ltd
Sorcia Minerals, a subsidiary of Ensorcia Metals, filed an early warning report regarding the sale of 7,649,552 shares of International Battery Metals Ltd. in three transactions, reducing its ownership from 12.76% to 9.72% of outstanding shares.
Peak Minerals Ltd. Announces Name Change to Sranan Gold Corp. And New Trading Symbol
Peak Minerals Ltd. will rebrand as Sranan Gold Corp. on April 8, 2025, with a new trading symbol "SRAN". The name reflects its focus on gold exploration in Suriname, where the company sees significant potential in its Tapanahony Project. No share consolidation will occur.
Ucore Comments on China's Immediate Restrictions on Rare Earth Exports
Ucore Rare Metals Inc. acknowledges China's export restrictions on key rare earth elements, emphasizing the need for a secure North American supply chain. The company is advancing its RapidSX™ technology, collaborating with the U.S. Department of Defense, and developing a facility in Louisiana, backed by Canadian government funding.
Enertopia Announces Filing of Patent Pending Hydrogen Technology
Enertopia Corporation has filed a patent for a scalable automated oxyhydrogen production system, aimed at producing, storing, and utilizing oxyhydrogen gas for both grid and off-grid applications. The technology showcases eco-friendly energy solutions for various uses.
Dolly Varden Silver Engages ICP Securities Inc. for Automated Market Making Services
Dolly Varden Silver Corporation has engaged ICP Securities Inc. for automated market making services, starting April 4, 2025, for four months at C$7,500 per month. The agreement allows for automatic renewals and involves no performance factors or equity interest.
GoGold Announces Closing of C$86 Million Bought Deal Financing
GoGold Resources Inc. has successfully closed a bought deal offering of 47.39 million common shares at C$1.82 each, raising C$86.25 million. Proceeds will fund the Los Ricos South project and exploration activities, with shares not registered for sale in the U.S.
C3 Metals Grants Incentive Stock Options
C3 Metals Inc. has granted 3,380,000 stock options to its directors and employees, with varying vesting periods. The options allow purchase of shares at CAD$0.70 and expire in five years. The company focuses on mineral exploration in Peru and Jamaica.
Bullion Gold Completes Transaction on Bousquet Property with Olympio Metals and Closes Financing
Bullion Gold Resources Corp. has accepted an option agreement with Olympio Metals for an 80% interest in the Bousquet project, involving $2 million in exploration, cash, and shares. The agreement includes performance bonuses and conditions for a joint venture if Olympio exits.
Mayo Lake Minerals Closes First Tranche of Private Placement
Mayo Lake Minerals Inc. reports closing a private placement to raise $900,000 for exploration and administrative purposes at the Anderson-Davidson property. They plan satellite surveys and summer exploration to enhance joint venture opportunities in the area.
ESGold Corp. Completes Financing of over C$3.4 Million to Initiate Final Construction Phase at Montauban
ESGold Corp. announced a successful non-brokered private placement, raising US$2.39 million to fund the construction of a mill circuit at its Montauban Project in Quebec, marking a key milestone towards production. The offering attracted significant institutional interest.
Riverside Resources Receives Final Court Approval for Spin-Out of Blue Jay
Riverside Resources Inc. announced that the Supreme Court of British Columbia approved a plan to spin out its subsidiary, Blue Jay Gold Corp. The transaction awaits final approval from the TSX Venture Exchange and is set for completion in Q2 2025.
Ivanhoe Mines to Issue Q1 Production Results on April 7, 2025
Ivanhoe Mines will announce Q1 2025 production results for its Kamoa-Kakula and Kipushi mines on April 7, 2025. Despite recent share price declines, the company cites general market volatility as the only known factor. Ivanhoe focuses on expanding its projects in Southern Africa.
Silver47 Announces Its Final Closing of $9.8 Million Non-Brokered Private Placement
Silver47 Exploration Corp. completed a non-brokered private placement, raising $1.8 million in its fourth tranche, totaling approximately $9.8 million overall. The funds will support exploration at the Red Mountain Project in Alaska.
Starcore Updates on Geophysical Survey (IP and Ground Mag) at Kimoukro Gold Project in Cote d'Ivoire
Starcore International Mines Ltd. announced the results of a geophysical survey at its Kimoukro gold project in Ivory Coast, identifying multiple chargeability anomalies for drill targets and highlighting areas of geological interest, including magnetic domains and structural features.
F3 Issues Shares for Interest Debt Settlement
F3 Uranium Corp. will settle part of its debt to Denison Mines by paying $225,000 in cash and issuing 562,500 common shares. The debenture has a 9% interest rate and matures in 2028, allowing Denison to convert it into shares at a specified price.
Smithe Resources Corp. Files Filing Statement, Obtains Conditional Approval for Qualifying Transaction with TGC Gold Corp. and Announces Concurrent Financing Terms
Smithe Resources Corp. announces conditional approval for a business combination with TGC Gold Corp., pending final Exchange approval. Following the transaction, it will rebrand as Toogood Gold Corp. and engage in a concurrent private placement for funding.
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