Mining News Releases & Company Updates - Page 48
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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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Equinox Gold Announces Filing of 2024 Audited Financial Statements
Equinox Gold Corp. has released its audited financial statements for Q4 and the full year of 2024, available on its website and regulatory sites. Contact details for company executives are provided for investor inquiries.
Indigo Exploration Announces Extension of Private Placement
Indigo Exploration Inc. announces an extension from the TSX Venture Exchange to complete a private placement of up to 20 million units at $0.06 each, aiming for $1.2 million in proceeds for exploration and working capital, with a new deadline of April 15, 2025.
EnGold Announces Director Resignation
EnGold Mines Ltd. announces the resignation of director David Brett, expressing gratitude for his service. The company focuses on exploring its 100% owned Lac La Hache property in BC, which includes several mineral deposits and has strong infrastructure support.
Casa Minerals Announces Private Placement
Casa Minerals Inc. is conducting a non-brokered private placement of up to 10,909,091 flow-through units at $0.055 each, aiming to raise up to $600,000 for exploration in BC. The offering includes common shares and warrants, subject to a 4-month hold period.
First Majestic Appoints Daniel Muniz Quintanilla to Its Board of Directors
First Majestic Silver Corp. appointed Daniel Muñiz Quintanilla to its Board of Directors on March 13, 2025. He has over 28 years of experience in international law and finance within the mining sector and holds multiple director roles in related companies.
Lion Copper & Gold Regains Critical Water Rights for Yerington Copper Project
Lion Copper and Gold has reached a Strategic Settlement Agreement with the State of Nevada to reinstate vital water rights for the Yerington Copper Project. This resolves past legal issues and ensures the company can proceed with mining operations, emphasizing collaboration for sustainable development.
Falcon Gold Corp. Unveils High-Resolution Images of First Two Drill Holes from Late 2024 Exploration Program
Falcon Gold Corp. has released high-resolution images from its initial drill holes at the Great Burnt Copper-Gold Project, showcasing promising geological features and core recovery quality. This marks a key milestone in their exploration efforts, emphasizing transparency with stakeholders.
Orestone Prepares for AirMT Survey at Captain Gold Porphyry Project, BC
Orestone Mining Corp. plans an airborne MagnetoTelluric survey at its Captain Gold Porphyry Project in BC to investigate the T-2 conductivity target before drilling. The survey will cover 157 line kilometres and is expected to be completed in summer 2025.
Flow Metals Updates Projects and Settlement Agreements
Flow Metals Corp. is improving cash flow through a debt conversion plan allowing a creditor to convert $300,000 into an 8% secured convertible debenture maturing in 2027. The company also settled a $30,000 royalty payment with 500,000 shares and is advancing its Sixtymile project.
Borealis Announces Closing of Gold Bull Resources Acquisition
Borealis Mining Company has acquired Gold Bull Resources and its Sandman Gold project, enhancing its production profile with a promising Nevada gold asset. The deal is expected to lower capital expenditure and streamline operations, positioning Borealis for long-term shareholder value.
Borealis Announces Closing of Gold Bull Resources Acquisition
Borealis Mining Company has acquired Gold Bull Resources and its Sandman Gold project, enhancing Borealis' production profile and capital efficiency. The acquisition features exploration potential and synergies with existing projects, positioning Borealis for future growth and shareholder value.
Velocity Acquires Copper-Gold Exploration Property in Northern Greece
Velocity Minerals Ltd. has secured an exploration license for the Miriofito property in northern Greece, focusing on copper-gold-silver mineralization. The company has conducted geological mapping and sampling, targeting carbonate replacement and porphyry mineralization.
Xtra-Gold Announces 2025 Normal Course Issuer Bid and Results of 2024 Bid
Xtra-Gold Resources Corp. plans to renew its normal course issuer bid to buy back up to 4 million shares, starting March 18, 2025, to enhance shareholder value. This bid, representing 10% of its public float, will run until March 17, 2026, or until shares are repurchased.
Nexus Uranium Provides Interim Drill Results from Cree East Project
Nexus Uranium Corp. updates on its drilling program at the Cree East Project, reporting encouraging results from three drill holes, particularly CRE-094, which revealed significant structural alterations and elevated radioactivity, indicating potential uranium mineralization.
Ridgeline Minerals Announces Remaining 2024 Drill Results and Provides 2025 Budget Guidance for the Swift Project, Nevada
Ridgeline Minerals Corp. announced positive assay results from drillhole SW24-007 at the Swift gold project, revealing significant low-grade gold intercepts. The company plans a $5 million exploration budget for 2025, reflecting optimism about the project's potential.
Northern Graphite Announces Closing of Flow Through Share Private Placement
Northern Graphite Corporation has completed a private placement of 2,631,579 flow-through shares at $0.19 each, raising $500,000 for exploration expenses. The funds will support drilling at the Lac des Iles mine and Mousseau West project. Additionally, 350,000 restricted share units were granted to staff as part of a compensation plan.
Nevada Sunrise to Leverage VRIFY's AI-Assisted Mineral Discovery Platform at the Past-Producing Griffon Gold Mine Project, Nevada
Nevada Sunrise Metals Corporation has partnered with VRIFY Technology to enhance exploration at the Griffon Gold Mine Project using AI-driven predictive modeling. Their collaboration aims to improve efficiency and uncover mineralization potential by analyzing historical data.
Tower Contracts Diamond Drill to Fine-Tune the High-Grade Blue Sky, Thunder, and Thunder North Gold Discoveries in Preparation for a Larger, 3000-m Test of the Overall Rabbit North Gold System
Tower Resources Ltd. has contracted a diamond drill for a major 3000-meter drilling campaign on its Rabbit North property in British Columbia to assess the economic potential of gold discoveries at the Blue Sky, Thunder, and Thunder North zones.
Awalé Updates on Drilling at High-Grade Gold Charger Target, Odienné Project
Awalé Resources reports high-grade gold intercepts at the Charger target in Côte d'Ivoire, with ongoing drilling revealing significant potential. The geological model highlights folding as a key factor in mineralization, suggesting further exploration opportunities.
Standard Uranium Provides Exploration Update Highlighting Results of Gravity and TDEM Surveys on Three Eastern Athabasca Uranium Projects
Standard Uranium Ltd. reports positive outcomes from geophysical surveys on its Eastern Athabasca Basin uranium projects, refining exploration targets and expanding landholdings. The data enhances understanding of uranium mineralization and reveals new high-priority drill targets.
Golden Rapture Mining Engages Consultant and a Market Maker Firm
Golden Rapture Mining Corporation has hired consultant Justin Gawn to enhance relationships with investors and retained Venture Liquidity Providers Inc. for market-making services. Both initiatives start on March 15, 2025, pending CSE approval.
Cabral Gold Trenches 20m @ 3.6 g/t Gold on Surface at the Machichie Main Gold Deposit, Cuiú Cuiú Gold District, Brazil
Cabral Gold Inc. announced promising assay results from trenching and drilling at the Machichie Main gold deposit in Brazil, highlighting significant gold grades in surface oxide material. The ongoing program aims to upgrade the inferred resource to indicated resources.
Argyle Resources Announces Exploration Results and Filing of Updated Technical Report for the Frenchvale Graphite Property, Nova Scotia
Argyle Resources Corp. announced updated exploration results for the Frenchvale Graphite Property, confirming high-purity graphite mineralization. An updated Technical Report details recent geophysical surveys and drilling, highlighting potential for significant deposits and ongoing exploration plans.
ONGold Resources Celebrates Its Chairman John Kim Bell
ONGold Resources Ltd. celebrates chairman John Kim Bell for his contributions to Indigenous arts. He founded the Canadian Native Arts Foundation, leading to the National Aboriginal Achievement Foundation. Notably, he produced a groundbreaking Indigenous ballet in 1988.
American Eagle Secures 100% Ownership of the NAK Copper-Gold Porphyry Project in BC
American Eagle Gold Corp. has achieved 100% ownership of the NAK Copper-Gold Porphyry Project in BC, noted for its high grades and growth potential. With $37 million in cash and partnerships with South32 and Teck, a 30,000m drilling program is planned for 2025.
Provenance Gold Announces the Addition of Mackenzie Watson, a Canadian Mining Hall of Fame Inductee and Co-Recipient of the Prospectors and Developers Association of Canada (PDAC) Bill Dennis Award, to the Advisory Board
Provenance Gold Corp. announces Mackenzie Watson as a senior exploration advisor, highlighting his 50+ years of experience and notable achievements in Canadian mining, including multiple mineral discoveries and prestigious awards in the industry.
Red Metal Resources Commences Sampling and Mapping Program on its Carrizal IOCG Property
Red Metal Resources Ltd. has launched a 2025 sampling and mapping program to explore 15km of veins at the Carrizal Alto mine, aiming to refine drill targets and build on previous copper discoveries. Assay results are expected soon.
Kobrea Commissions Property-Wide Airborne Magnetic & Radiometric Survey at Western Malargüe Copper Projects, Mendoza Province, Argentina
Kobrea Exploration Corp. is launching a heli-borne magnetic and radiometric survey with New-Sense Geophysics and GeoEnergia Argentina at its Western Malargüe Copper Projects in Argentina. This survey aims to define existing and potential porphyry copper targets.
Quimbaya Gold Completes Final Payment on Four Tahami Contract Concessions and Announces Warrant Extension
Quimbaya Gold Inc. announced the final payment for 4 contract concessions in the Tahami project area, saving 30% on costs. The company also plans to extend the expiry dates of nearly 1.6 million outstanding warrants by one year, pending regulatory approval.
Arrow Exploration Corp. 2024 Year-End Reserves Update
Arrow Exploration Corp. reports significant reserves growth for 2024, with a 92% increase in Proved Developed Producing (PDP) reserves to 2.38 million barrels, driven by successful drilling in Colombia's Tapir block. Overall reserves and net present values also rose across all categories.
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