Mining News Releases & Company Updates - Page 38
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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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Silver Elephant Announces a $300,000 Non-Brokered Private Placement
Silver Elephant Mining Corp. plans a non-brokered private placement to raise $300,000 by selling 1.5 million units at $0.20 each, with a related party transaction involving a director purchasing 400,000 units. Securities will have a four-month hold period.
Sasquatch Resources Executes Agreement to Acquire Mineral Claim on Quadra Island
Sasquatch Resources Corp. has signed an agreement to acquire mineral claim number 1097236, covering the former Santana mine on Quadra Island, for 500,000 shares at $0.05 each. The area has historical mining activity for copper, silver, and gold.
Scottie Reaches Major Milestone with Positive Results from Ore Sorting Study and Announces DSO Project
Scottie Resources Corp. announced positive results from an ore sorting study on its Scottie Gold Mine Project, indicating potential for a high-margin direct ship ore operation. The project minimizes environmental impact and capital costs, leveraging existing infrastructure and favorable market conditions.
Gold Hunter Resources Targets Aggressive 2025 Exploration at Near-Surface High-Grade Great Northern Gold Project in Newfoundland, and Expands Global Market Presence
Gold Hunter Resources Inc. updates on its Great Northern Project in Newfoundland, highlighting significant exploration potential and a 40% oversubscribed financing. The company is enhancing marketing and investor relations to support growth and visibility in 2025.
Myriad Uranium Appoints Eduards Smirnovs as Industry Advisor
Myriad Uranium Corp. has appointed Eduards Smirnovs as an external Industry Advisor, leveraging his extensive experience in uranium operations and exploration. This strategic move aims to enhance Myriad's growth plans amid a revitalizing uranium sector.
Gladiator Metals Engages ICP Securities Inc. for Automated Market Making Services
Gladiator Metals Corp. has engaged ICP Securities Inc. for automated market making services, starting April 1, 2025, for a four-month term. ICP will receive a monthly fee of C$7,500 and will focus on correcting supply and demand imbalances in Gladiator's shares.
Equinox Gold Provides Update on the Los Filos Mine
Equinox Gold Corp. has suspended operations at its Los Filos Mine in Mexico due to the expiry of its land access agreement with the Carrizalillo community. Long-term agreements with local communities are crucial for future operations and expansion plans.
Riverside Resources Moves Ahead on Plan to Spin Out Blue Jay to Shareholders After Approval at the Annual and Special Meeting
Riverside Resources Inc. has received shareholder approval for the spin-out of its subsidiary, Blue Jay Gold Corp., with completion expected by mid-2025. Shareholders will receive Blue Jay shares proportional to their Riverside holdings, allowing both companies to focus on their respective projects.
BluMetric to Present at the Planet MicroCap Showcase: VEGAS in partnership with MicroCapClub on Wednesday, April 23, 2025
BluMetric Environmental Inc. will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, at 2 PM PT. CEO Scott MacFabe will host the presentation and answer questions. Registration for 1x1 investor meetings is available for attendees.
Argyle Resources Corp. Announces First Phase of Exploration on the Bovill Silica Project Claims in Idaho
Argyle Resources Corp. is launching the first phase of exploration on the Bovill claims in Idaho, utilizing advanced remote sensing techniques to identify high-priority mineral and gas targets. This follows successful feedback from their Québec projects.
International Lithium Closes First Tranche of Private Placement
International Lithium Corp. closed a private placement on March 31, 2025, issuing 23.67 million shares at $0.015 each for $355,000. Proceeds will support working capital and pay creditors. The transaction involves related party participation and is pending TSX Venture Exchange approval.
Neotech Metals Corp. Reports Positive Metallurgical Results Demonstrating High Leachability of Rare Earths at its Hecla-Kilmer Project in Ontario, Canada
Neotech Metals Corp. announced positive metallurgical test results for the Hecla-Kilmer project, achieving high recovery rates for rare earth elements, niobium, and phosphate. The results indicate potential for efficient processing, with further studies planned for optimization.
Azincourt Energy Planning Geophysics Program at East Preston Project, Athabasca Basin
Azincourt Energy Corp. is advancing the East Preston uranium project in Saskatchewan, conducting follow-up exploration on clay alteration zones identified in 2023/2024, with plans for a geophysical program in Fall 2025 to refine drill targets for uranium deposits.
Quimbaya Gold Announces Annual General Meeting Results and Board Changes
Quimbaya Gold Inc. reported that shareholders approved all agenda items at the March 28, 2025 AGSM, including director elections and an equity incentive plan. Sebastian Wahl was elected as a new independent director, bringing extensive mining experience, particularly in South America.
First Majestic Announces 2024 Mineral Reserve and Mineral Resource Estimates
First Majestic Silver Corp. reports record mineral resource levels and significant year-over-year mineral reserve growth for 2024 across its mines in Mexico and the temporarily suspended Jerritt Canyon Gold Mine in the U.S., highlighting successful exploration efforts.
GT Resources Grants Annual Equity Incentives
GT Resources Inc. announces the approval of annual equity incentives including 875,000 RSUs, 3,000,000 DSUs, and 5.4 million stock options for directors and employees, aimed at promoting long-term commitment and performance. The company focuses on mineral exploration in Europe and North America.
Scorpio Gold Announces Plan to Close Over-Subscribed First Tranche of Private Placement for Over $5.4 million
Scorpio Gold Corporation plans to close a $3.5 million private placement, issuing shares at $0.08 each for $5.4 million in proceeds. Funds will support project development and working capital. A loan of $1.15 million is also being repaid.
Westmount Minerals Announces Closing of Private Placement of Common Shares
Westmount Minerals Corp. has completed a non-brokered private placement, issuing 25 million common shares at C$0.01 each, raising C$250,000 for working capital. The shares are subject to a four-month hold and are not registered for sale in the U.S.
Indigo Exploration Closes $1,325,444 Over-Subscribed Private Placement Financing
Indigo Exploration Inc. closed an over-subscribed private placement, issuing 22,090,737 units at $0.06 each, raising $1.33 million. Proceeds will fund uranium project exploration and general working capital. An insider participated, exempt from certain regulations.
Denarius Metals Announces Start of Mining Operations at Zancudo Project; European Commission Recognizes the Aguablanca Project as a Strategic Project; Files 2024 Annual Filings on SEDAR+
Denarius Metals Corp. has begun mining at the Zancudo Project in Colombia, with first deliveries to Trafigura expected by late April 2025. The project is funded by a $9 million prepayment, and a processing plant will be operational by late 2025.
Group Eleven Welcomes Franz Bollmann to the Board of Directors
Group Eleven Resources Corp. has appointed Franz Bollmann to its Board of Directors, replacing Gatlin Smeijers, who resigned. Bollmann, nominated by Glencore Canada Corporation, brings finance expertise from Glencore and has a background in mining and finance.
Doubleview Announces Grant of Stock Options
Doubleview Gold Corp. has granted 1.9 million stock options at $0.80 each to its officers, directors, and consultants, valid for five years. The company focuses on mineral exploration in North America, aiming to enhance shareholder value through strategic acquisitions.
EMX Royalty Announces Grant of Security-Based Compensation
EMX Royalty Corporation has granted various equity incentives including 840,500 stock options, 483,000 performance-based RSUs, 358,000 non-performance RSUs, and 116,000 cash-settled DSUs to its officers, directors, and employees, subject to vesting and resale restrictions.
Aurania Directors Receive Stock Options in Lieu of Fees and Concession Renewal Reports Filed in Ecuador
Aurania Resources Ltd. will pay its directors' fees in stock options instead of cash for 2025, granting 64,000 options at $0.36 each. The company has also renewed its 42 mineral exploration concessions in Ecuador and is negotiating payment agreements.
AJN Resources Inc. Closes Final Tranche of Private Placement Financing
AJN Resources Inc. closed a final tranche of a private placement, raising $124,000 by issuing 1,033,333 units at $0.12 each, aimed at funding property acquisitions and exploration. The Dabel Gold Project is still under due diligence, with future payments planned.
Corcel Closes Over-Subscribed $1,434,000 Financing
Corcel Exploration Inc. has completed a non-brokered private placement, raising CAD$1.43 million by issuing 9.56 million units at $0.15 each. Each unit includes a share and a warrant, with specific terms for exercise and an expiration clause. Proceeds will fund exploration and working capital.
Besra Gold Inc. Announces Jugan Project Mineral Resource Update
Besra Gold Inc. announced an independent mineral resource estimate for the Jugan Project in Melbourne, Australia. For full details, a link to the announcement is provided. Besra focuses on gold exploration in the Bau Goldfield, East Malaysia.
Bravada Gold Looks to Accelerate the Past-Producing Wind Mountain Gold/Silver Mine in Nevada Toward Renewed Production Following Executive Order to Prioritize US Mining
Bravada Gold Corporation highlights the positive impact of a U.S. Executive Order aimed at boosting American mineral production, particularly gold, which benefits its Wind Mountain project in Nevada. The company plans to conduct a Pre-Feasibility Study to advance the project.
Bayhorse Silver Receives Final Bayhorse Silver Mine IP Survey Results, Extends Bayhorse Potential Mineralized Zone To Over 600 M, Identifies First IP Drill Target
Bayhorse Silver Inc. reports final IP survey results indicating five low-resistance targets near the Bayhorse Silver Mine, with drilling preparations underway. The targets are close to historic mined areas and may contain high-grade silver and other critical minerals.
Nexa Resources Intends to Offer Senior Unsecured Notes
Nexa Resources S.A. plans to offer new senior unsecured notes, guaranteed by its subsidiaries, to fund a cash tender offer for existing notes due 2027 and 2028, and for general corporate purposes. The notes will not be registered under U.S. securities laws.
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