Mining News Releases & Company Updates - Page 37
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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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Aero Energy and Kraken Energy Combine to Create a Premier North American Uranium Developer
Aero Energy Limited will acquire Kraken Energy Corp. in a deal valued at $1.64 million, offering a 20% premium on Kraken shares. The merger enhances uranium asset diversity, provides access to U.S. markets, and aims to boost investor interest and company visibility.
KO Gold Announces $200,000 in Convertible Loan Agreements in Addition to Previously Announced $2,000,000 Private Placement
KO Gold Inc. has secured C$200,000 through convertible loan agreements and is conducting a private placement to raise up to C$2,000,000. The loans, bearing 12% interest, can be converted into company units. Proceeds will support corporate expenses, with security granted over assets.
Goldshore Expands Environmental Data Collection to Support Permitting Process
Goldshore Resources Inc. is updating its environmental data collection at the Moss Gold Project in Ontario, enhancing water quality monitoring and conducting geological surveys to support future permitting and feasibility studies, with completion expected by 2026.
Aero Energy and Kraken Energy Combine to Create a Premier North American Uranium Developer
Aero Energy Limited has entered an agreement to acquire Kraken Energy Corp. for $1.64 million, valuing Kraken shares at a 20% premium. This merger enhances their uranium asset portfolio in the U.S. and Canada, providing growth opportunities and increased market presence.
Ivanhoe Mines Commences Giant Copper Exploration Program in Zambia
The Zambian government has granted Ivanhoe Mines a 7,757 km² package of exploration licences in North-Western Province, aimed at extending the Central African Copperbelt. This area is over three times larger than Ivanhoe's existing project and will enhance exploration efforts.
Purepoint Uranium Provides Q2 Corporate Update on Exploration Activities
Purepoint Uranium Group Inc. provided a Q2 update on its uranium exploration in Canada's Athabasca Basin, detailing ongoing drilling at Smart Lake and upcoming projects at Dorado and Celeste. The company is advancing high-priority targets with joint venture partners.
Lavras Gold Corp. Intersects 1.2 g/t Gold Over 251 Metres at Fazenda do Posto Gold Target, LDS Project, Southern Brazil
Lavras Gold Corp. announced positive drilling results from 12 holes at the Fazenda do Posto Gold Target in Brazil, with significant gold mineralization found in 11 holes. They aim to establish a viable gold resource at this site and the nearby Butiá deposit.
Midnight Sun Initiates Exploration Across Solwezi Project
Midnight Sun Mining Corp. is launching a 2025 exploration campaign in Zambia's Solwezi Project, focusing on the Dumbwa, Kazhiba, and Mitu targets. The campaign includes drilling and sampling to advance copper mineralization and develop new targets.
Radisson Expands Area of High-Grade Gold Mineralization Beneath the Historic O'Brien Gold Mine with Three New Drill Holes Including 29.93 g/t Gold over 2.2 Metres
Radisson Mining Resources announced positive drill assay results from three new holes at the O'Brien Gold Project in Quebec. The results show multiple high-grade gold intercepts, confirming the presence of a large zone of mineralization below historic mine workings.
Taurus Gold Corp. Announces Changes to Board and Management
Taurus Gold Corp. announces changes to its Board and management following its AGM, appointing Robert Sim as interim CEO and Board Chair, and Meghan Brown as a new director. The company, focused on its Charlotte gold-silver property, emphasizes its growth potential.
StrategX Announces Executive Change
StrategX Elements Corp. announces Gary Wong's resignation as VP of Exploration, though he will remain involved in other roles. The company focuses on critical metal discoveries in northern Canada, enhancing investor opportunities in green energy and supply chain security.
Sitka Gold Announces $10 Million Bought Deal Financing
Sitka Gold Corp. has secured a $10 million financing agreement to sell 14.7 million flow-through shares at $0.68 each, led by Beacon Securities. The funds will support exploration expenses for their RC Gold Project in Yukon, enhancing ongoing drilling efforts.
Nexa Resources Prices Offering of US$500 Million 6.600% Senior Unsecured Notes Due 2037
Nexa Resources S.A. has priced a $500 million offering of 6.600% senior unsecured notes due 2037, expected to close on April 8, 2025. Proceeds will fund a cash tender offer for existing notes and general corporate purposes. The offering is for qualified institutional buyers only.
Inspiration Energy Arranges $300,000 Financing
Inspiration Energy Corp. is conducting a non-brokered private placement of 1,875,000 Critical Minerals Flow Through shares at $0.16 each, raising $300,000 for exploration in Nunavut, British Columbia, and Saskatchewan. The shares will have a four-month hold period.
Waraba Gold Limited - News Release Correction
Waraba Gold Limited issued a correction regarding its March 25, 2025, release, clarifying an erroneous reference to a "Tiegba" license. The updated details outline an agreement to earn up to 80% of Somaco with specific financial and exploration commitments.
Edison Lithium Announces Extension of Term of Warrants
Edison Lithium Corp. plans to extend the expiry date of 4 million share purchase warrants by 24 months to October 26, 2027, maintaining the exercise price at $0.20. The extension requires approval from the TSX Venture Exchange.
Great Pacific Gold Provides Kesar Project Update
Great Pacific Gold Corp. reports on exploration at the Kesar Project in Papua New Guinea, highlighting completed drilling and a MobileMT geophysical survey that identified significant mineralization and structures related to gold deposits, particularly at Hampore and Anteruno.
Subscriptions Reach 13K in Two Months
Syntheia Corp. reports over 13,000 subscriptions to its Assistant NLP, targeting SMBs in phase one of its marketing strategy. The company aims for 100,000 subscribers by end of 2025 and is launching industry-specific solutions for healthcare, law, finance, real estate, and restaurants.
Volt Carbon Technologies Announces Option Grant
Volt Carbon Technologies Inc. announces the granting of options to purchase 6,250,000 shares to employees and consultants, effective April 1, 2025, at an exercise price of $0.02, expiring April 1, 2030, as part of its stock option plan.
Euro Manganese Announces Upsize to Previously Announced Financing of up to C$11.2m (A$12.3m) including a Private Placement with Eric Sprott
Euro Manganese has increased its financing from C$5.9m to C$9.8m due to high demand, with significant investments from Eric Sprott and the EBRD. The Share Purchase Plan has been revised to A$1.5m, and a shareholder meeting is rescheduled for May 15, 2025.
Euro Manganese's Chvaletice Project Designated a Strategic Project under the EU's Critical Raw Materials Act
Euro Manganese Inc. announced that its Chvaletice Manganese Project has been designated a Strategic Project under the EU's Critical Raw Materials Act, enabling access to funding and expedited permitting, supporting EU supply independence for strategic raw materials.
CanCambria Energy Corp Wins Exploration Tender at Kiskunhalas Covering over 230,000 Acres
CanCambria Energy Corp. has been awarded the Kiskunhalas Concession Area in Hungary for hydrocarbon exploration, expanding its land position significantly. The area covers 945.9 km² and offers potential for development in a productive region, reflecting confidence in the company.
Dark Star Announces Acquisition of Uranium Project with Historical Resource in Northern Saskatchewan
Dark Star Minerals Inc. announced a non-binding agreement to acquire a 100% interest in the Bleasdell Lake uranium project in Saskatchewan. The project has a historic resource estimate of 620,700 lbs of U3O8, requiring further drilling to confirm current estimates.
Canuc Closes Private Placement Tranche
Canuc Resources Corporation has closed the first tranche of a private placement financing, raising $2.27 million from the sale of 22.7 million units at $0.10 each. Proceeds will fund the acquisition of MacDonald Mines Exploration Ltd. and support exploration activities.
ESGold Advances Subsurface Imaging at Montauban as ANT Survey Enters Final Phase
ESGold Corp. announced the completion of its Ambient Noise Tomography survey at the Montauban Project, achieving imaging depths over 800m. Data recovery and processing will lead to a comprehensive 3D model, enhancing geological understanding and refining exploration targets.
1844 Resources Announces Extension of Option Agreement with Nickel North
1844 RESOURCES Inc. updates on its option agreement with Nickel North for the Hawk Ridge project, extending the deadline to April 30, 2025, due to a geological report delay. The company is also pursuing a non-brokered private placement of units for up to $700,000.
Peak Minerals Announces New Lidar Survey at the Tapanahony Project in Suriname
Peak Minerals Ltd. is preparing for a drilling program at its Tapanahony Project in Suriname, utilizing a high-resolution Lidar survey to enhance drill planning, identify new targets, and map terrain features. The survey has revealed additional mineralized structures.
Millennial Potash Initiates Phase 2 Drilling Program at Its Banio Potash Project in Gabon
Millennial Potash Corp. is launching a Phase 2 drilling program at its Banio Potash Project in Gabon, engaging Merlin Drilling to extend a historic hole and drill a new one. The program aims to enhance potash resources and will lead to an updated Mineral Resource Estimate.
Cordoba Minerals Announces New Board Appointees & Changes to Management Team
Cordoba Minerals Corp. has appointed Mark Gibson and Glen Kuntz to its Board of Directors, both bringing extensive experience from Ivanhoe Electric. Gibson has been with Cordoba since 2017, while Kuntz has a strong background in mining and exploration. Gustavo Zulliger has resigned from his VP role.
Emperor Commences Maiden Mineral Resource Estimate for Duquesne West Gold Project
Emperor Metals Inc. has engaged APEX Geoscience Ltd. to conduct a Maiden Mineral Resource Estimate for the Duquesne West Gold Project, utilizing historical and recent drilling data along with AI modeling to enhance resource identification and potential expansion.
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