Mining News Releases & Company Updates - Page 43
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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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Homerun Resources Inc. Announces the Commissioning of Dorfner Anzaplan for Engineering Development of Silica Purification Plant in Belmonte, Brazil
Homerun Resources Inc. has engaged Dorfner Anzaplan to conduct tests and design a processing facility for its silica sand deposit in Brazil. The goal is to produce high-purity silica sand and provide a CAPEX estimate for a new processing plant, enhancing market competitiveness.
Zodiac Gold Completes Mobilization of Drill Rig to the Arthington Target
Zodiac Gold Inc. has mobilized a diamond drill rig to the Arthington Target in the Todi gold project to begin Phase III infill drilling, aiming to expand previously identified high-grade gold zones and enhance shareholder value while ensuring environmental responsibility.
Valhalla Metals Welcomes Concrete Support for the Ambler Access Road from the Trump Administration
Valhalla Metals Inc. supports President Trump's executive order aimed at boosting U.S. mineral production to reduce foreign reliance. The order streamlines permitting and financing for critical projects, emphasizing national security and development of domestic resources.
Endurance Expands Royal Shear Surface Potential by 500 m and Announces 2025 Exploration Plans, Reliance Gold Project
Endurance Gold Corporation plans to start its 2025 exploration program at the Reliance Gold Project in May, focusing on expanding gold and antimony discoveries along the Royal Shear trend through extensive drilling and surface sampling, while also conducting community consultations.
Copper Fox Announces Q1 2025 Operating and Financial Results
Copper Fox Metals Inc. announced its interim financial results for Q1 2025, reporting a net loss of $236,962. The company is advancing its copper projects and highlights the increasing demand for critical minerals. Financial statements are available on SEDAR+.
George M. Yordanov Joins the Board of Directors of Argyle Resources
Argyle Resources Corp. announces the appointment of George Yordanov to its board of directors, replacing Amanpreet Gill. Yordanov brings over 15 years of exploration experience and technical expertise, enhancing the company's capabilities in navigating exploration programs.
Thor Explorations Announces Drilling Results and Update on the Douta Gold Project, Senegal
Thor Explorations Ltd. has announced the successful drilling of two discovery holes at the Douta-West licence in Senegal, part of the Douta Gold Project. The drilling results indicate significant gold grades, marking progress in their 2025 exploration program.
AJN Resources Inc. Closes $630,000 Tranche of Private Placement Financing With a Lead Order by Palisades Goldcorp Ltd.
AJN Resources Inc. announced the successful closure of a $630,000 non-brokered private placement, issuing 5,249,998 units at $0.12 each. Proceeds will fund property acquisitions and exploration. The securities are restricted from trading until July 22, 2025.
Sixty North Gold Announces Closing of First Tranche of Unit Offering
Sixty North Gold Mining Ltd. has closed its first tranche of a financing round, raising $100,236 by issuing 1,214,982 units, each comprising a share and a warrant. Proceeds will fund exploration of the Mon Gold Property in NWT and general working capital.
Borealis Announces Grant of Restricted Share Units
Borealis Mining Company announced the grant of 150,000 restricted share units (RSUs) to employees as part of its long-term incentive plan. The company focuses on gold mining and exploration at the Borealis Mine in Nevada, which is fully permitted and well-equipped.
IAMGOLD Form 40-F Filed on EDGAR; AIF Filed on SEDAR
IAMGOLD Corporation has filed its 2024 annual Form 40-F report with the SEC, including audited financial statements and management analysis. The filings are accessible via EDGAR and SEDAR. The company operates gold mines in North America and West Africa and emphasizes strong ESG practices.
Spark Energy Sampling Results Add 17 Prospective Drainage Basins for Lithium
Spark Energy Minerals Inc. has announced promising exploration results from its Arapaima Lithium Project in Brazil's Lithium Valley, highlighting significant lithium and pathfinder element assays from recent samples. The company aims to focus on priority targets for further exploration.
Green River Gold Corp. Provides Bi-Weekly Status Report
Green River Gold Corp. reports on its management cease trade order due to the inability to file audited financials by the deadline. The company confirms no material changes since the notice and is working to finalize a $900,000 debenture financing to facilitate the audit.
Sasquatch Resources Closes Over-Subscribed Private Placement
Sasquatch Resources Corp. has closed a non-brokered private placement, raising $546,000 by issuing units at $0.05 each. The funds will support exploration and development at Mount Sicker and another site, Blue Grouse. Participation from directors is noted as a related party transaction.
US Critical Metals Announces Record Date for Consolidation of Common Shares
US Critical Metals Corp. will consolidate its shares, effective March 25, 2025, with one post-consolidated share for every 2.5 pre-consolidated shares. Approximately 25.2 million shares will be outstanding post-consolidation, with no name change or symbol change.
Ridgeline Minerals Closes $500k Private Placement
Ridgeline Minerals Corp. closed a non-brokered private placement on March 20, 2025, raising $500,020 by selling 2,174,000 shares at $0.23 each. Proceeds will fund exploration in Nevada. Shares are subject to a four-month hold. U.S. sales restrictions apply.
MINERALRITE CORPORATION (RITE) Obtains Revocation of the Decade-Old Cease Trade Order from the Alberta Securities Commission
MINERALRITETM Corporation has had its decade-old Cease Trade Order lifted by the Alberta Securities Commission, allowing trading of its stock to resume. CEO Burgauer aims to resolve remaining regulatory issues to focus on improving the company's financial status.
Alpha Exploration Announces Private Placement Financing
Alpha Exploration Ltd. is conducting a non-brokered private placement to raise up to C$6 million by offering units at C$0.70 each, with proceeds aimed at funding exploration in Eritrea and covering operational expenses. Closing is expected around April 9, 2025.
LaFleur Minerals Provides Update on Beacon Mill Restart, Results of Annual General and Special Meeting, and Swanson Gold Deposit Exploration and Drilling Updates
LaFleur Minerals Inc. announces updates on restarting the Beacon Gold Mill in Val-d'Or, Québec, aiming to capitalize on high gold prices. The mill, with a capacity of over 750 tons per day, positions the company to transition from explorer to gold producer, supported by environmental assessments.
Meryllion Announces Non-Brokered Private Placement
Meryllion Resources Corporation plans to conduct a non-brokered private placement of up to 33 million shares at $0.015 each, aiming for $495,000. Proceeds will support working capital and acquisitions. Approval from the CSE is required, with a four-month hold on shares.
Homerun Resources Inc. Announces Financing
Homerun Resources Inc. is conducting a non-brokered private placement to raise at least CA$3 million by issuing units at CA$1.20 each. Proceeds will fund working capital and growth in their silica to solar energy business, emphasizing their innovative green energy solutions.
Excellon Reports Sampling over 9 g/t Gold and 1,000 g/t Silver at Tres Cerros
Excellon Resources Inc. announces promising exploration results from the Tres Cerros Gold-Silver Project in Peru, revealing high-grade gold and significant silver mineralization, broad alteration zones, and potential for a large, cohesive mineralized system.
Ucore Applauds White House Executive Action to Strengthen Critical Mineral Production
Ucore Rare Metals Inc. comments on President Trump's executive order invoking wartime powers to boost domestic mineral production, particularly rare earth elements. The order aims to enhance national security and calls for a dedicated mineral fund and priority for mineral production in defense initiatives.
Ivanhoe Electric Applauds Executive Order to Accelerate Mineral Production in the United States
Ivanhoe Electric's Santa Cruz Copper Project in Arizona is on track to complete its Preliminary Feasibility Study by June 2025. The project is supported by a recent Executive Order from President Trump to expedite domestic critical metals production.
Snow Lake's Pine Ridge Uranium Project to Benefit from the Trump Administrations Executive Order Increasing Domestic Mineral Production
Snow Lake Energy supports a new Executive Order from the Trump Administration to boost U.S. uranium production, which benefits its Pine Ridge Uranium Project through expedited permitting and federal funding, enhancing national energy security.
RETRANSMISSION: Sienna Resources Drills Significant Sulphide Intersections at the Case Lake Project
Sienna Resources Inc. completed a 3-hole diamond drilling campaign at its Case Lake Project, totaling 1,026 meters, encountering significant sulphide mineralization. 117 core samples have been sent for lab analysis, with results expected in 2-6 weeks.
Dakota Gold Announces Pricing of Offering of Common Stock for Gross Proceeds of Approximately $35 Million
Dakota Gold Corp. announced a public offering of 12.4 million shares, expected to raise about $35 million, closing around March 24, 2025. Proceeds will fund working capital. BMO Capital Markets leads the underwriting team. An option for additional shares is also included.
KWG Resources Inc Announces Proposed Private Placement of Units
KWG Resources Inc. announces a proposed private placement to raise up to $5 million by selling 4,032,258 units at $1.24 each. The funds will support the acquisition and development of chromite and other mineral deposits, with specific terms for accredited investors.
Denarius Metals Closes Non-Brokered Private Placement of Units for Gross Proceeds of Approximately CA$6.6 Million
Denarius Metals Corp. has completed a non-brokered private placement, raising CA$6,569,000 by issuing 13,138,000 Units at CA$0.50 each. The funds will support projects in Spain and general corporate costs. Insider Serafino Iacono increased his stake to 20.64%.
Carson River Announces Share Consolidation
Carson River Ventures Corp. is consolidating its common shares at a 1:2 ratio, reducing outstanding shares from 27.9 million to approximately 13.9 million. Trading on a post-consolidation basis will begin March 26, 2025, with no action required from shareholders.
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