Mining News Releases & Company Updates - Page 39
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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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Nexa Resources Announces Tender Offers for Any and All of Its 2027 and 2028 Notes
Nexa Resources S.A. announced a cash tender offer for its 5.375% Notes due 2027 and 6.500% Notes due 2028, with a total consideration of $1,015 and $1,041.25 per $1,000 principal, respectively. The offers expire on April 4, 2025, unless extended.
Fairchild Gold Corp. Announces the Appointment of Jill Kelley as Chair of Its Newly Constituted Strategic Advisory Board
Fairchild Gold Corp has appointed Jill Kelley to chair its Strategic Advisory Board. Known as a "Diplomatic Fixer," Kelley will leverage her extensive network and expertise to advance Fairchild's Copper Chief Project and align with U.S. mining initiatives.
Meryllion Resources Closes First Tranche of Private Placement
Meryllion Resources Corporation has completed the first tranche of a non-brokered private placement, issuing 16.32 million shares for $244,800. Insiders contributed $118,000. A second tranche is expected by April 4, 2025, with compliance to related-party transaction regulations.
Acquisition of Pine Ridge Uranium Project in Wyoming Supports U.S. National & Energy Security Objectives
Snow Lake Resources Ltd. and Global Uranium and Enrichment Limited are forming a joint venture to acquire the Pine Ridge Uranium Project in Wyoming, enhancing U.S. uranium supply security. This project aims to address vulnerabilities in the U.S. uranium supply chain.
Max Resource Reports High-Grade Assays from the Florália Hematite DSO Project in Minas Gerais, Brazil
MAX Resource Corp. has reported high-grade assay results from the Florália Hematite DSO Project in Brazil, with significant iron content found in channel samples. An 800m drilling program is nearing completion, aiming to further define the geological target’s potential.
Surge Battery Metals Provides Corporate Update and Announces Financing
Surge Battery Metals Inc. provides a corporate update, noting challenges in securing funding from a strategic U.S. investor due to regulatory issues. Despite this, the company is advancing its Nevada North Lithium Project and plans a $3 million private placement to support ongoing work.
Northern Graphite Proposal for Battery Anode Material Plant in France Wins EU Strategic Project Status
Northern Graphite's project to upgrade graphite from its Okanjande site in Namibia into Battery Anode Material in France has been designated a Strategic Project under the EU's CRMA, securing fast-tracked approvals and funding. The project needs €159 million and aims for 2028 operations.
South Pacific Metals Successfully Completes Warden's Hearing on Renewal of Exploration Licence for Kili Teke Copper-Gold Project
South Pacific Metals Corp. announced the successful renewal of Exploration License EL 2310 for the Kili Teke Copper-Gold Project in Papua New Guinea, which hosts significant mineral resources. The renewal process included a supportive Warden's Hearing with local stakeholders.
Lipari Mining Starts Trading on Cboe Canada
Lipari Mining Ltd. has begun trading on the Cboe Canada stock exchange under the symbol "LML," marking significant growth for the company. This move aims to enhance liquidity, market visibility, and shareholder base, supporting long-term value and sustainable operations.
A.I.-Targeted Infill Drilling Intersects 9.01 g/t Au over 19.0 m at STLLR Gold's Tower Gold Project
STLLR Gold Inc. announced positive infill drilling results at the Tower Gold Project in Ontario, utilizing AI technology to enhance mineral resource estimation. The drilling intersected high-grade gold mineralization, with an updated resource estimate expected in mid-2025.
Capitan Silver Corp Announces the Commencement of Drilling at Its Cruz De Plata Project
Capitan Silver Corp. has begun drilling at its Cruz de Plata project in Durango, Mexico, targeting 10,000 metres to explore high-priority silver-gold targets. The Phase 1 program aims to define high-grade silver mineralization, particularly at the Jesus María vein.
American Pacific Receives Updated Permit and Prepares to Commence Next Phase of Drilling at the Madison Copper-Gold Project
American Pacific Mining Corp. has received permit approval for a 3,000 metre drill program at its Madison Copper-Gold project in Montana, set to begin in early Q2 2025. The program aims to explore various mineralization targets, advancing the project's exploration strategy.
West Point Gold Expands Current Drill Program to 5,000m
West Point Gold Corp. plans to expand its reverse circulation drill program at the Gold Chain Project in Arizona, increasing the drilling from 3,000 to 5,000 meters. This includes an initial test of the Frisco Graben target, funded by recent warrant exercises.
Intrepid Metals Announces Closing of Oversubscribed $5 Million Private Placement of Units
Intrepid Metals Corp. closed a non-brokered private placement on March 28, 2025, raising $5 million by issuing 10.2 million units at $0.49 each. Proceeds will fund exploration and working capital, with warrants allowing shares to be purchased at $0.68 until 2027.
Ivanhoe Mines Files NI 43-101 Technical Report for the Tier-One Platreef Platinum, Palladium, Rhodium, Nickel, Gold and Copper Mine in South Africa
Platreef, a major undeveloped precious metals project, aims to be a low-cost producer of platinum, palladium, rhodium, and gold. Phase 1 production starts in Q4 2025, with significant expansions planned, projecting high annual yields and substantial after-tax NPV.
Heliostar to Commence 15,000m Ana Paula Drill Program
Heliostar Metals Ltd. is launching an extensive drill program at its Ana Paula deposit, starting in April 2025. The initiative aims to enhance the resource through infill drilling, expand boundaries, and explore under-explored areas, leveraging existing high-grade intercepts.
Astra Exploration Announces Non-Brokered Private Placement - Michael Gentile and Key Shareholders Expected to Participate
Astra Exploration Inc. announces a private placement of up to 5 million shares at $0.20 each, aiming to raise $1 million for a Phase II drill program at La Manchuria. The offering is designed to de-risk exploration and fund ongoing operations into 2026.
Dryden Gold Receives Drill Permits & Announces Exploration Plans for the Sherridon Property
Dryden Gold Corp. has received exploration permits for the Sherridon Property, allowing for drilling in summer 2025 after a 3D inversion study. The company is also starting a 15,000-meter drill program at the Gold Rock Camp to explore high-grade structures.
Canadian Copper Announces a Non-Brokered Flow-Through Offering
Canadian Copper Inc. has launched a non-brokered flow-through share offering for up to 2.63 million shares at C$0.19 each, aiming to raise up to $500,000 to fund the Murray Brook East Project, which includes exploration and drilling activities starting in Q2 2025.
Magna Mining Announces Assay Results and Provides an Update on the McCreedy West Mine
Magna Mining Inc. reports promising assay results from McCreedy West and Levack Mines, highlighting high-grade copper and PGE values, including 24.9% Cu at Levack. The results support ongoing resource expansion and mid-term production planning following recent ownership.
Independence Gold Expands 3Ts Project with Strategic Mineral Claims Acquisition
Independence Gold Corp. has acquired 17 mineral claims, expanding its 3Ts Project in British Columbia to 35,486 hectares. The project, near Artemis Gold's Blackwater Mine, features identified mineralized veins and will focus on exploring geochemical anomalies in the region.
Blackrock Silver Steps Out 1.2km Across New High-Grade Zone at Tonopah West
Blackrock Silver Corp. reports successful scout drilling at the Tonopah West project, confirming the extension of the high-grade Merten vein and potentially expanding the DPB resource by 1,200 metres to the east, with significant gold and silver findings.
Euro Manganese Announces Share Consolidation
Euro Manganese Inc. will consolidate its common shares at a 5:1 ratio effective March 31, 2025. Trading on a post-consolidation basis begins on April 2 for TSXV and April 3 for ASX. Shareholders will receive instructions for exchanging certificates.
Pelangio Exploration Announces Closing of Private Placement for Gross Proceeds of $1,000,000
Pelangio Exploration Inc. has completed a non-brokered private placement of 25 million units at $0.04 each, raising $1 million. The funds will support working capital and exploration efforts. The placement is pending final approval from the TSX Venture Exchange.
GoviEx Announces Filing of Amended and Restated Offering Document
GoviEx Uranium Inc. announces an amended offering for up to 100 million LIFE Units in a private placement financing, aiming for $5 million, with conditional approval from the TSX Venture Exchange. The offering is subject to specific conditions and will close by April 30, 2025.
Queen's Road Capital AGM Results
Queen's Road Capital Investment Ltd. confirmed the results of its January 10, 2025 AGM, where shareholders elected board members, appointed KPMG as auditors, and approved a share consolidation. Over 30% of shares were represented at the meeting.
Gold Springs Resource Corp. Files 2024 Financial Statements, MD&A and Annual Information Form
Gold Springs Resource Corp. released its audited financial statements for 2024, reporting a net loss of $0.68 million, decreased administrative expenses, and increased exploration spending. The company focuses on gold and silver resource expansion in Nevada and Utah.
Pantera Silver Closes Oversubscribed Non-Brokered Private Placement for $1.65 Million CAD
Pantera Silver Corp. has closed a non-brokered private placement, raising C$1.65 million by issuing 6.6 million units at C$0.25 each. Each unit includes a common share and a warrant. The offering is subject to regulatory approvals and has a hold period until July 29, 2025.
Skycap Investment Holdings Inc. Announces Receipt of Shareholder and CSE Approval for Change of Business to Investment Issuer
Skycap Investment Holdings Inc. has received approval to transition from an industrial to an investment issuer and will rebrand from Li-Metal Corp. to Skycap, effective March 31, 2025. The move aims to explore diverse investment opportunities and enhance stakeholder value.
Free Battery Metal Limited Announces Intention to Complete Consolidation
Free Battery Metal Limited's board approved a consolidation of shares at a 1:20 ratio, effective April 3, 2025. Post-consolidation, shares will decrease from 70,112,397 to about 3,505,621. Shareholders will receive instructions for exchanging shares.
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