Mining News Releases & Company Updates - Page 50
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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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Central Puerto Announces Reporting Date for the Fourth Quarter 2024 Financial Results Conference Call and Webcast
Central Puerto S.A. will announce its Q4 results on March 11, 2025, and host a conference call on March 12 at 9:00 AM ET to discuss the results. The call will be available via webcast and for replay on their website. Contact information is provided.
Infinitum Announces Appointment of New CEO
Infinitum Copper Corp. announces Alex Gostevskikh as the new CEO and director, succeeding Matt Hudson. Gostevskikh brings over 30 years of mining experience and has held various leadership roles. The company focuses on the La Adelita high-grade copper project in Mexico.
Rain City (RAIN) Completes Closing of First Tranche of Private Placement
Rain City Resources Inc. has closed the first tranche of a private placement, raising $305,700 by issuing 4,076,000 shares. Funds will support operational expenses for a pilot plant in Pennsylvania and ongoing projects in Chile and Argentina, advancing their lithium extraction technology.
Seahawk Gold Corp. Announces Acquisition of Alluvial Capital
Seahawk Gold Corp. has agreed to acquire Alluvial Capital Corp. through a share exchange, contingent on shareholder and regulatory approvals. The deal includes Alluvial's marketing services for waste stream power generation in North America.
Denarius Metals Announces Further Update on Its Previously Announced Private Placement
Denarius Metals Corp. has canceled its planned brokered private placement due to market volatility and will instead conduct a non-brokered private placement of up to 13 million units at CA$0.50 each for up to CA$6.5 million, with proceeds funding projects in Spain.
North Peak Engages ICP Securities for Automated Market Making Services
North Peak Resources Ltd. has engaged ICP Securities Inc. for automated market making services, paying C$7,500 monthly for an initial four-month term. The agreement allows for automatic renewal and focuses on correcting supply-demand imbalances in share trading.
ESGold Highlights Significant Near-Surface Mineralization from Historical Drill Program at Montauban, Validating ANT Survey Exploration
ESGold Corp. is advancing exploration at its Montauban property in Quebec, revealing significant near-surface mineralization of gold, silver, and base metals from a 2009 drill program. An ongoing Ambient Noise Tomography survey aims to define the extent of these deposits deeper than previously explored.
Bear Creek Mining Announces Closing of Brokered Private Placement
Bear Creek Mining Corporation has closed a bought deal private placement of 64.4 million shares at C$0.225 each, raising C$14.5 million. The deal was underwritten by BMO Capital Markets and Canaccord Genuity, with participation from Sandstorm Gold and Equinox Gold.
Stakeholder Submits Class 1 Drilling Notification for Ballarat
Stakeholder Gold Corp. has submitted a Class 1 Notification for 2025 exploration on the Ballarat Gold-Copper Project, planning 2,500 meters of drilling in the Skye Gold and Loki Copper Zones, alongside other exploration activities, to confirm mineralization and grade.
Ridgeline Minerals Commences Drill Program at the Big Blue Porphyry Cu-Au Project, Nevada
Ridgeline Minerals Corp. has launched a diamond core drill program at the Big Blue copper-gold project in Nevada, aiming to explore high-priority anomalies beneath the Delker Mine. The initial two-hole program will test for high-grade mineralization at depth.
Silver Dollar Completes Initial Exploration Drilling Program at the Ranger-Page Project in Idaho's Silver Valley
Silver Dollar Resources Inc. reports significant near-surface silver, lead, and zinc discoveries at the Ranger-Page Project in Idaho, notably 17.4 oz/ton AgEq over 3.04 meters at the Wyoming Target, indicating potential for further exploration and mineral continuity.
Peruvian Metals Corp. Provides Corporate Update
Peruvian Metals Corp discusses market activity and production results for early 2025, noting the impact of Tartisan Nickel's significant share sales on its stock price. The company plans to focus on its 100% owned Palta Dorada gold project in Northern Peru.
Geologica Announces Anomalous Gold Zone at Lincoln
Geologica Resource Corp. announced positive results from its 2024 soil sampling at the Lincoln Creek Property in British Columbia, identifying significant gold and pathfinder anomalies. The findings suggest further exploration is needed due to unexpectedly high gold values.
Lion Rock Closes Option Agreement with Tinton Partners
Lion Rock Resources Inc. has closed an option agreement to acquire a 100% interest in the Volney property in South Dakota. The TSX Venture Exchange approved the deal, which included issuing 7,001,000 common shares as initial consideration. Additionally, the company granted 5,700,000 stock options to its team.
Gold Hunter Closes +40% Oversubscribed Non-Brokered Private Placement
Gold Hunter Resources Inc. successfully closed a non-brokered private placement, raising $1,706,199.92, over 40% more than the planned $1.2 million. The financing included 28,436,665 Units at $0.06 each, with insider Eric Sprott increasing his stake in the company.
Excellon Secures Path to Acquire the past Producing Mallay Silver Mine
Excellon Resources Inc. has signed a definitive agreement to acquire Minera CRC, which includes the Mallay Silver Mine, from Adar Mining and Premier Silver. The acquisition will resolve prior disputes and is expected to close by April 2025, enabling future resource planning and exploration.
Antioquia Gold Inc. Announces Director Change and Management Appointment
Antioquia Gold appoints Gustavo Noriega as CFO; Ivo Bravo resigns. Noriega brings 25+ years of finance and management experience across Latin America.
Colibri & Partner Drill 83.5 metres at 1.3 grams per tonne Gold (including 10.3 grams per tonne Gold over 9.7 metres) at El Pilar Gold & Silver Project in Sonora Mexico
Colibri Resource Corporation announced positive assay results from the first two drill holes of its diamond drilling program at the El Pilar Gold & Silver Project in Mexico. The findings suggest potential for profitable production, with further results expected soon.
District to Participate in Capital Markets Day on Thursday, March 13th
District Metals Corp. invites investors to a live presentation and Q&A on March 13, 2025, led by CEO Garrett Ainsworth, focusing on their exploration and development efforts in Sweden. The event will be streamed on YouTube and is open to all without registration.
EV Minerals Announces Resignation and Appointment of CFO
EV Minerals Corporation announces the resignation of CFO Rebecca Hudson, effective February 28, 2025, and appoints Alex Pekurar as the new CFO. The company focuses on mineral exploration, particularly the EVM Nickel Project in Quebec, which has a historical resource.
Stakeholder Closes Private Placement
Stakeholder Gold Corp. has completed a non-brokered private placement, raising $1.8 million CAD by issuing 1.8 million units at $1.00 each. Proceeds will fund exploration in the Yukon and business development in Brazil. Insider participation qualifies as a related party transaction.
K2 Gold Closes Oversubscribed Private Placement
K2 Gold Corporation announced the closing of a non-brokered private placement, raising C$3.67 million by issuing 24.5 million units at C$0.15 each. Funds will support exploration and permitting at their Mojave Gold project and general working capital.
North Peak Announces Grant of Stock Options
North Peak Resources Ltd. announces the grant of stock options to its CEO for 300,000 shares at $0.61 each, with staggered vesting. The company focuses on gold exploration with an emphasis on acquiring properties with production potential. Forward-looking statements are included.
West High Yield (W.H.Y.) Resources Ltd. Announces First Tranche Closing of Private Placement
West High Yield Resources Ltd. announced the closing of the first tranche of its private placement, issuing 2,931,391 units for $674,220.33. The funds will support permitting, operations, and working capital, as the company focuses on its magnesium deposit in Canada.
Besra Gold Announces That Quantum Requisitions a Special Meeting
Besra Gold Inc. announces that Quantum Metal Recovery Inc. has requisitioned a special shareholder meeting to remove current directors and elect new ones. Quantum holds 20% of shares and the meeting notice will be sent to shareholders by March 26, 2025.
Besra Gold Announces Market Update
Besra Gold Inc. is investigating the transfer of 40 million CDIs by Quantum Metal Recovery Inc. amid questions about beneficial ownership. Despite inquiries, Quantum has not confirmed whether any CDIs were sold. Investigations are ongoing.
Besra Gold Announces Request for an ASX Trading Halt
Besra Gold Inc has requested a trading halt on its securities due to an impending announcement regarding a Cease Trade Order from the Ontario Securities Commission, expected to conclude by March 12, 2025. The company believes the halt is justified.
Loncor Gold Reports Significant Gold Intersections at Its Drill Program at Adumbi
Loncor Gold Inc. announced promising drilling results from borehole LADD028 at its Adumbi gold deposit, revealing significant gold grades, including 13.92 metres at 6.01 g/t. The deposit contains an indicated resource of 1.88 million ounces and inferred resources of 1.78 million ounces.
CanCambria Energy Corp Announces Changes to Management Team and Board
CanCambria Energy Corp announces key senior management changes in preparation for drilling at its Kiskunhalas gas project in Hungary. Dr. Paul Clarke becomes CEO, and new appointments include Piet Van Assche as COO and Toby Pierce as Non-Executive Director.
Glenstar Begins Trading on the OTCQB to Facilitate Greater Liquidity and Enhanced Access to U.S. Shareholders
Glenstar Ventures Inc. has announced its common shares are now trading on the OTCQB under the symbol "GSTRF" as of March 6, 2025, enhancing liquidity for U.S. investors. The company focuses on exploring critical minerals essential for technology and energy.
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