Mining News Releases & Company Updates - Page 40
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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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Millennial Announces Closing Private Placement for Total Proceeds of $4,929,200
Millennial Potash Corp. closed a private placement of 8,215,333 units at $0.60 each, raising $4.93 million for exploration and working capital. The placement includes common shares and warrants, with a hold period until July 28, 2025.
Equinox Gold Announces Filing and Mailing of Meeting Materials for the Annual & Special Meeting of Shareholders on April 24, 2025
Equinox Gold Corp. will hold its Annual Meeting on April 24, 2025, to elect directors and vote on a resolution for a business combination with Calibre Mining Corp. The merger aims to create a major gold producer in the Americas and enhance shareholder value.
Westmount Minerals Announces New Director
Westmount Minerals Corp. announced the appointment of John Alcock to its board and the resignation of Brian Crawford, thanking him for his contributions. The company focuses on gold exploration in Canada, notably advancing the Douay East property in Quebec.
Lipari Mining Ltd. (formerly, Golden Share Resources Corporation) Receives Final Approval to Commence Trading on Cboe Canada on March 31, 2025
Lipari Mining Ltd. (formerly Golden Share Resources) has received final approval to list its shares on Cboe Canada, starting March 31, 2025, under the symbol "LML." CEO Ken Johnson highlights this as a key milestone for growth and investor visibility.
Boreal Gold Announces the Closing of the First Tranche Private Placement for $88,650
Boreal Gold Inc. has closed an $88,650 financing through a private placement of Flow Through Shares. The funds will be used for geophysical surveys and exploration on the Fay Lake property. A second tranche financing is anticipated by April 30, 2025.
Search Minerals Announces Revocation of Cease Trade Order
Search Minerals Inc. announced the revocation of a cease trade order by the BCSC effective March 27, 2025, after fulfilling filing obligations for 2023 financial statements. The company is working on trading reinstatement and focuses on developing critical rare earth elements in Newfoundland and Labrador.
Heliostar Metals Closes Bought Deal Equity Financing for Gross Proceeds of $19.5 Million
Heliostar Metals Ltd. has closed a bought deal equity financing, raising $19.5 million by issuing 19.5 million shares at $1 each. The funds will support project development in Mexico and general corporate needs. Eric Sprott invested $5 million.
NMG Releases Updated Feasibility Study for Phase 2 Integrated Ore-to-Active Anode Material Operations: Matawinie Mine and Bécancour Battery Materials Plant
The Updated Feasibility Study for NMG's Phase-2 Matawinie Mine and Bécancour Battery Material Plant reveals refined production models, showing a 17.5% IRR and US$1,053 million NPV, supporting project financing and potential commercial production in under three years.
Austral Gold Files 2024 Annual Report
Austral Gold Limited announced the filing of its Annual Report for FY24, available on multiple platforms. The release is approved by CEO Stabro Kasaneva, with contact information for company representatives provided for further inquiries.
Talon Metals Reports Results for the Year Ended December 31, 2024
Talon Metals Corp. reported a net loss of $2.3 million for 2024, consistent with 2023, primarily due to administrative costs. Capitalized costs for the Tamarack Nickel-Copper-Cobalt Project were $13.9 million in 2024, down from $44.2 million in 2023.
Seabridge Gold's Appeal of Disallowed Expenditures under BC METC Program is "Substantially Successful"
The BC Supreme Court ruled in favor of Seabridge Gold, allowing its appeal against the CRA's disallowance of $15.8 million in exploration expenses under the BC METC program. The court affirmed that expenses aiding in assessing mineral resource viability qualify for the credit.
Maritime Announces Election to Issue Shares in Satisfaction of Interest Payment Obligations
Maritime Resources plans to issue up to 3,593,750 common shares to satisfy US$5,000,000 in interest on senior secured notes, using the Secured Overnight Financing Rate for calculations. The issuance requires TSX Venture Exchange approval and involves a related party transaction.
Seabridge Gold Files 2024 Annual Information Form, Year End Audited Financial Statements and MD&A
Seabridge Gold has filed its 2024 financial documents and reported a net loss of $31.2 million. The company aims to secure a partner for its KSM project in 2025, having recently completed equity financings totaling $142.5 million to strengthen its balance sheet.
GoGold Announces Results of Annual Meeting
GoGold Resources Inc. announced the re-election of seven directors at its March 27, 2025 shareholder meeting, with KPMG re-appointed as auditors. The company focuses on silver and gold production in Mexico, emphasizing low-cost, high-margin projects.
Canada One Stakes New Ground at Copper Dome Project, Princeton, BC
Canada One Mining Corp. has expanded its Copper Dome Project in British Columbia by staking 1,728 hectares, now totaling 7,997 hectares. The area will be explored for copper and molybdenum mineralization, targeting two significant historical anomalies.
Nexa Announces Filing of Annual Report on Form 20-F for the Fiscal Year Ended 2024 and Publication of Mining Report
Nexa Resources S.A. filed its annual report for the fiscal year 2024 with the SEC and SEDAR+, providing shareholders access to audited financial statements. The company also submitted an updated mining report on mineral reserves and resources as of December 31, 2024.
Nexa Resources Announces 2024 Year-End Mineral Reserves and Mineral Resources
Nexa Resources S.A. announced its 2024 Year-End Mineral Reserves and Resources update, highlighting successful near-mine exploration and increased zinc reserves through drilling at its Peru and Brazil operations. The company aims to expand reserves further in 2025.
KO Gold Announces Non-Brokered Private Placement for Gross Proceeds up to C$2,000,000
KO Gold Inc. plans to raise up to C$2 million through a private placement of 10 million units at C$0.20 each, for general working capital and exploration in New Zealand's Otago Gold District. They will conduct drilling to discover high-grade gold zones.
Adyton Announces Appointment of New Chief Financial Officer
Adyton Resources Corporation has appointed Chirag Patel as the new CFO and Corporate Secretary, replacing Stephen Kelly. Patel brings extensive financial management experience, particularly in the mining sector. The company focuses on gold and copper resource development in Papua New Guinea.
Kuya Silver Announces Closing of Second Tranche of Non-Brokered Private Placement
Kuya Silver Corporation has completed a second tranche of its non-brokered private placement, issuing 5,442,000 shares at CAD$0.25 each for CAD$1,360,500 in gross proceeds. The funds will support general working capital, with securities subject to a hold period.
Big Gold Announces Non-Brokered Private Placement
Big Gold Inc. is launching a non-brokered private placement to raise up to $25,000 by selling NFT Units at $0.025 each. The funds will support working capital, and the offering closes on March 31, 2025. The company focuses on mining exploration in Ontario.
Canadian Gold Corp. Closes $3 Million Financing, McEwen Mining Inc. Becomes 5.9% Strategic Shareholder
Canadian Gold Corp. has completed a non-brokered financing, raising approximately $3 million by issuing charity flow-through shares and common share units. McEwen Mining participated, acquiring a 5.9% stake. Proceeds will fund eligible Canadian exploration expenses.
EMX Royalty Partner, Zijin Mining, Provides an Update on a New Copper and Gold Discovery in Serbia
EMX Royalty Corporation announces Zijin Mining's 2024 report showing increased copper and gold resources at Timok, Serbia, including a new discovery at the Malka Golaja Copper-Gold Deposit. The resources are classified as inferred, indicating lower confidence.
Imagine Lithium Closes Final Tranche of $2.35 Million Private Placement
Imagine Lithium Inc. has closed the final tranche of its private placement, raising $1,570,000 from 9.5 million common shares and 28 million flow-through shares. Proceeds will fund corporate purposes and exploration at the Jackpot Lithium Project in Ontario.
Besra Gold Announces Adoption of Advance Notice By-Law
Besra Gold Inc. has approved a new by-law for advance director nominations by shareholders, ensuring a clear process and adequate notice for informed voting. The by-law includes deadlines for submitting nominations before annual or special meetings.
Resource Centrix Announces Clarification of Number of Shares to Be Issued on Subdivision Record Date
Resource Centrix Holdings Inc. clarified that in a ten-for-one share split, shareholders will receive nine additional shares for each share held as of April 1, 2025, correcting earlier miscommunication. All other details remain unchanged.
Vicuña District: Geophysics Starts at New Claims Next to Filo del Sol
Mogotes Metals Inc. has begun a geophysical survey on newly optioned claims south of Filo del Sol to explore potential extensions of their geophysical targets. Reconnaissance has identified unsampled breccia zones and stockwork veins indicating possible porphyry mineralization.
Falcon Gold Finalizes Third and Fourth Drill Hole at Great Burnt Copper-Gold Project, And Prepares for the Fifth Drill Pad
Falcon Gold Corp. has completed its third drill hole at the Great Burnt Copper-Gold Project in Newfoundland and is preparing to drill a fourth hole. The company is optimistic about the geological indicators suggesting a major mineralized system, particularly with increasing sulphide mineralization.
Fairchild Gold Corp Announces Board Changes
Fairchild Gold Corp appointed Adam Cavise and Nikolas Perrault as directors, while Diane Mann resigned. Cavise brings 25 years of experience in capital markets, and Perrault has a background in securities trading and financial analysis.
Newly Listed Gold Hart Copper Announces Launch of Drilling
Gold Hart Copper Corp. has begun drilling at the Tolita gold-copper-silver porphyry target in Chile, marking a significant phase after nearly 30 years. The project aims to explore its potential as a large-scale resource, utilizing modern geophysical techniques.
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