Mining News Releases & Company Updates - Page 49
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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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Colibri Announces Extension of Non-Brokered Private Placement Closing Date
Colibri Resource Corporation has extended the closing date for a second tranche of its offering to March 28, 2025, due to increased investor interest. The offering consists of up to 10 million units at $0.025 each, aiming for total proceeds of $250,000.
Nicola Mining Receives Final Permit for High Grade Dominion Creek Mineral Project and Closes Non-Brokered Private Placement
Nicola Mining Inc. has received a Final Permit for bulk sampling at its Dominion Creek Mineral Project, owning 75% interest. The permit allows for ore extraction starting July 2025. Additionally, the company closed a private placement raising $1,126,507.
Silver47 Closes Additional Tranche of Non-Brokered Private Placement
Silver47 Exploration Corp. closed an additional tranche of its private placement, raising $2,077,500 by issuing 4,155,000 units at $0.50 each. Proceeds will fund exploration at the Red Mountain Project and general working capital. Finder's fees were also paid.
EMX Royalty Announces Year-End Financial Results; Record Adjusted Royalty Revenue; and Positive Outlook for 2025
EMX Royalty Corporation reported strong financial results for 2024, with revenue of $27.4 million and adjusted EBITDA of $19.2 million. CEO Dave Cole highlighted record royalty revenue and a strong balance sheet, anticipating reduced operating costs in 2025.
Zincore, to be Renamed Golden Cross Resources, Completes Upsized Private Placement of Subscription Receipts for Gross Proceeds of $4,680,140
Zincore Metals Inc. has completed a private placement raising $4.68 million to fund its acquisition of gold projects in Australia. The company plans to consolidate its shares and change its name to "Golden Cross Resources Inc." after regulatory approval.
E-Power Resources Inc. Announces Private Placement of Units
E-Power Resources Inc. plans a private placement to raise up to $500,000 by issuing up to 10 million units at $0.05 each, with proceeds for project development and working capital. The offering is set to close around April 9, 2025, pending regulatory approval.
Early Warning News Release Regarding the Securities of Emperor Metals Inc
Maritime Resources Corp. acquired 12.5 million common shares of Emperor Metals Inc. for $0.07 each, representing 10.8% ownership, in exchange for mineral claims related to the Lac Pelletier gold project. The shares are subject to a 4-month hold period.
Early Warning News Release Regarding the Securities of Emperor Metals Inc
Maritime Resources Corp. acquired 12.5 million common shares of Emperor Metals Inc. for $0.07 per share as part of a property purchase agreement, gaining approximately 10.8% ownership. The shares are subject to a 4-month holding period.
Imagine Lithium Closes First Tranche of $2.35 Million Private Placement
Imagine Lithium Inc. has closed the first tranche of a non-brokered private placement, raising $780,000 by issuing 26 million common shares. A second tranche is expected to raise $1,570,000 for general corporate and exploration expenses on the Jackpot Lithium Project.
Emperor Announces Private Placement and Strategic Investor
Emperor Metals Inc. plans a non-brokered private placement of up to 10 million units at $0.15 each, aiming to raise $1.5 million for project development and working capital. Each unit includes a share and a warrant, with specific exercise conditions.
Yellow Fox Antimony Project Update
Metals Creek Resources announces an update from partner Lomiko Metals on the Yellow Fox property, an early-stage exploration site for antimony, gold, and silver, with positive historical sample results. Lomiko plans a Phase 1 soil sampling program to further evaluate the site.
Minera Alamos Copperstone PEA
Minera Alamos Inc. reissued a Preliminary Economic Assessment (PEA) for its Copperstone Mine in Arizona, showing strong post-tax economics, low capital costs, and potential for resource expansion. The PEA indicates an average production of 40,765 oz gold annually over six years.
Silver Dollar Announces Management Change
Silver Dollar Resources Inc. has appointed Gregory Lytle as president and CEO, succeeding Michael Romanik, who will remain a director. Lytle, a long-time consultant, aims to drive the company’s growth in mineral exploration, focusing on acquisitions in mining-friendly areas.
Homeland Uranium Commences Trading on TSX Venture Exchange
Homeland Uranium Corp. announced its shares will begin trading on the TSX Venture Exchange under the symbol HLU on March 12, 2025, following a reverse takeover of Shift Rare Metals Inc. The company will focus on exploring its uranium properties in Colorado.
Adyton Resources: PNG Government State Team Visits Fergusson Island Wapolu Project to Commence Operations Restart Permitting
Adyton Resources Corporation announces a state team visit to the Wapolu project in Papua New Guinea to expedite approvals for restarting operations of a former mine. The visit signals government support, with existing infrastructure aiding the restart process.
US Critical Metals Announces 2.5:1 Consolidation of Common Shares
US Critical Metals Corp. plans a share consolidation, converting 2.5 pre-consolidation shares into one post-consolidation share. Following the consolidation, approximately 25.2 million shares will remain. Trading on a consolidated basis will begin after a record date.
Galleon Gold Expands Timmins Land Position
Galleon Gold Corp. has agreed to acquire 66 mineral claims in Godfrey and Bristol Townships, expanding its West Cache Gold Project in Timmins, Ontario. The deal involves issuing 100,000 common shares for a 100% interest in the claims, pending approval.
Eminent Confirms Structure Under Celts Steam Cap Analogous to Silicon
Eminent Gold Corp. announced positive resistivity results from two IP lines at its Celts project in Nevada, suggesting exploration potential similar to the Silicon discovery. The findings indicate a significant fault structure, supporting further drilling plans.
Appia Announces That Stephen Burega is Leaving the Company
Appia Rare Earths & Uranium Corp. announces the departure of President Stephen Burega to focus on Romios Gold Resources, effective immediately. Tom Drivas is appointed Interim President, and a search for a permanent replacement will begin.
Seabridge Gold Announces 2025 Corporate Objectives
Seabridge Gold outlines its 2025 objectives, which include securing partnerships, funding, and completing drilling programs to enhance gold resources and shareholder value. Performance against these goals will impact management compensation and employee bonuses.
Anteros Advances Critical Mineral Targeting with AI-Assisted 3D Modelling at their Havens Steady VMS Property, Newfoundland
Anteros Metals Inc. is integrating AI-assisted geochemical and lithological analysis into 3D modeling of its Havens Steady Critical Mineral VMS Property in Newfoundland to enhance exploration efficiency, optimize drill targeting, and improve data interpretation for its 2025 program.
Quebec Innovative Materials Corp (QIMC) and Black Tree Energy Group Sarl (BTEG) Sign Strategic MOU to Advance Natural Hydrogen Exploration and Development with a Focus on U.S. Expansion
Quebec Innovative Materials Corp. (QIMC) has signed an MOU with Swiss firm Black Tree Energy Group to expand into the U.S. natural hydrogen market. They aim to collaborate on large-scale hydrogen projects, leveraging expertise in exploration, project development, and commercialization.
RETRANSMISSION: Manganese X Energy Corp. Receives Positive Ore Sorting Study Results in Preparation for Pre-Feasibility Study
Manganese X Energy Corp. announced positive results from a preliminary ore sorting study on its Battery Hill manganese deposit in New Brunswick. The study shows high efficiency in sorting valuable ore, prompting further testing to assess economic potential ahead of a Pre-Feasibility Study.
Transformational U.S. Uranium Transaction Snow Lake Energy Acquires the Advanced Pine Ridge Uranium Project in Wyoming Through a Strategic Partnership with Global Uranium and Enrichment Limited
Snow Lake Resources Ltd. has formed a 50/50 joint venture with Global Uranium and Enrichment Limited to acquire the Pine Ridge Uranium Project in Wyoming. Snow Lake will also invest 19.99% in GUE's capital raise, enhancing its position in uranium exploration and technology.
Lake Victoria Gold Update on Exploration of Licences Adjacent to the Tembo Project Acquired by Barrick
Lake Victoria Gold updates on Q3 and Q4 2024 exploration activities by Bulyanhulu Gold Mine, confirming mineralization potential in Tanzania. Highlights include ongoing drilling at Enze and Ngula prospects, identification of gold anomalies, and development of new targets.
Kodiak Announces Appointment of Vice President Exploration and Senior Geologist
Kodiak Copper Corp. has promoted Dave Skelton to VP Exploration and appointed Baykan Aksu as Senior Geologist. Skelton succeeds Jeff Ward, who is retiring. Both bring extensive geological experience, enhancing Kodiak's exploration and project management capabilities.
Manganese X Energy Corp. Receives Positive Ore Sorting Study Results in Preparation for Pre-Feasibility Study
Manganese X Energy Corp. reports positive results from a preliminary ore sorting study on its Battery Hill manganese deposit, indicating over 95% effectiveness in separating valuable ore. This is part of preparations for a Pre-Feasibility Study to assess economic potential.
Central Puerto FY 2024 & 4Q24 Earnings Release
Central Puerto S.A. has released its consolidated financial results for FY 2024 and Q4 2024, ending December 31, 2024. A conference call to discuss these results will occur on March 12, 2025. The financial statements include inflation adjustments per IAS 29, affecting comparability.
Maritime Completes Sale of Lac Pelletier Project to Emperor Metals
Maritime Resources Corp. has completed the sale of its Lac Pelletier gold project to Emperor Metals for 12.5 million shares, allowing Maritime to focus on its Hammerdown Gold Project while maintaining a significant stake in Emperor.
Emperor Metals Acquires Lac Pelletier Property in Quebec
Emperor Metals Inc. has acquired the undersurface rights to the Lac Pelletier Property in Quebec from Maritime Resources Corp. This property, near Agnico Eagle's Wasamac Gold Deposit, offers significant mining potential and favorable infrastructure.
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