Mining News Releases & Company Updates - Page 51
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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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Aurum Lake Mining Announces Amendment of The Homathko Option Agreement
Aurum Lake Mining Corporation has amended its option agreement with Transition Metals Corp. for the Homathko Gold Project, extending payment deadlines and share issuances. The project involves 35 mineral claims in British Columbia and is part of the company's development efforts.
Royal Road Minerals Reports Scout Drilling Results and Provides an Update on the Alouana Option Agreement: Kingdom of Morocco
Royal Road Minerals Limited reported on its 2000-meter drilling program at the Alouana project in Morocco, revealing significant mineralization of copper-bismuth-tungsten. The drilling is part of an Option Agreement allowing a $750,000 payment for a 90% ownership stake in Izughar Resources.
Homeland Uranium Completes Reverse Takeover of Shift Rare Metals
Homeland Uranium Corp., formerly Valleyview Resources Ltd., has completed a reverse takeover of Shift Rare Metals Inc., acquiring uranium assets in Colorado. The company is now positioned for uranium exploration and development, with a focus on US domestic production.
CDN Maverick Expands Poncheville Prospects Using AI-driven Mineral Targeting, Announces Peek VP Exploration
CDN Maverick Capital Corp. is expanding its Poncheville Critical Minerals Prospect in Quebec by staking 91 new mineral claims, utilizing AI for advanced prospectivity analysis to enhance exploration efficiency and target identification in critical minerals mining.
Atlas Lithium's Modular Processing Plant Arrives in Brazil, Achieving Critical Milestone Toward Production
Atlas Lithium Corporation has successfully delivered its modular lithium processing plant to Brazil, marking a significant step in becoming a key lithium producer in the country. The plant features advanced, sustainable technologies and has secured operational permits for production.
Appia Announces Exceptional Overlimit Total Rare Earth Oxide (TREO) Results From Its Diamond Drilling Program at PCH Project in Goias, Brazil
Appia Rare Earths & Uranium Corp. announced significant geochemical assay results from its drilling program at the PCH project in Brazil, confirming high-grade mineralization in carbonatitic breccia. The latest findings show increased average grades for rare earth elements and niobium.
Military Metals European Progress Update: Slovakia Resource Estimation
Military Metals Corp. updates on its Trojarova antimony-gold project in Slovakia, highlighting significant progress in data digitization and resource estimation. CEO Scott Eldridge notes heightened interest in antimony due to increased demand for military materials in Europe.
Silver47 Commences Trading on OTC Markets Under the Ticker Symbol OTCQB: AAGAF
Silver47 Exploration Corp. announces its shares will begin trading on the OTCQB Venture Market as AAGAF on March 10, 2025, enhancing U.S. investor access. This step supports its growth strategy and exploration efforts at the Red Mountain Project in Alaska.
Gladiator Announces Drilling Underway at Cowley Park
Gladiator Metals Corp. has begun a 10,000m Phase 1 drilling program at its Cowley Park project, aiming to expand high-grade copper mineralization and define resources. The project is part of a larger 50,000m drilling plan in the Whitehorse Copper Belt.
StrikePoint Commences Drilling at Hercules Gold Project, With Current Exploration Target of 1 Moz of Oxide Gold in Nevada's Walker Lane
StrikePoint Gold Inc. is initiating a drilling program at the Hercules Gold Project in Nevada, targeting 7-8 holes to expand gold mineralization estimated at 820,000 to 1,020,000 ounces. The company aims to define a multi-million ounce resource, with results expected in Q2 2025.
West Point Gold Announces Mark Reischman Joins as Technical Advisor
West Point Gold Corp. has appointed Mark Reischman as a technical advisor, leveraging his extensive experience in geology, particularly in Nevada's Walker Lane Trend. His expertise will support the Gold Chain Project in Arizona, enhancing exploration strategies.
Omai Gold Grants Incentive Stock Options
Omai Gold Mines Corp. has granted stock options to 12 individuals for purchasing 11.3 million shares at $0.33 each, vesting over two years. The company holds a 100% interest in the Omai Gold Mine in Guyana, with a recent PEA indicating significant gold production potential.
McEwen Mining Inc. to Become 5.9% Strategic Shareholder in Canadian Gold Corp. to Advance Tartan Mine Exploration & Development Plan
Canadian Gold Corp. is issuing charity flow-through shares and common share units to raise approximately $3 million, with McEwen Mining participating as a strategic investor, acquiring 5.9% ownership. The funds will support exploration at the Tartan Mine.
Ramp Metals Announces Receipt of Exploration Drill Permits
Ramp Metals Inc. has received exploration drilling permits for its Rottenstone SW property in Saskatchewan. The company plans to target three mineralized areas, focusing on a notable gold intercept of 73.55 g/t Au. Drilling will begin March 12, 2025.
GoviEx Uranium Files Feasibility Study for Muntanga Uranium Project
GoviEx Uranium Inc. has filed a Feasibility Study for its Muntanga Uranium Project in Zambia, highlighting strong project economics, significant production potential, and low technical risk. The study indicates robust returns and minimal environmental impact, positioning Muntanga favorably for the uranium market.
Roscan Gold Welcomes Partial Lifting of Mining Title Suspension in Mali
Roscan Gold Corporation welcomes Mali's partial lifting of mining application suspensions, aiding its Kandiole Gold Project's advancement. The Malian Ministry will resume processing permits from March 15, 2025, crucial for Roscan's resource estimates and exploration potential.
Green River Gold Corp. Provides Bi-Weekly Status Report
Green River Gold Corp. reports a bi-weekly update on its management cease trade order due to delays in filing annual financial statements. The company confirms no material changes since the MCTO and is working to complete the audit, dependent on closing $900,000 in debentures.
Canadian Nexus Team Ventures Announces Name Change to Data Watts Partners Inc.
Canadian Nexus Team Ventures Corp. is changing its name to Data Watts Partners Inc., effective March 12, 2025, with a new trading symbol "DWTZ." Shareholders do not need to take action, and current share certificates remain valid.
Kuya Silver Announces Non-Brokered Private Placement
Kuya Silver Corporation plans to raise up to CAD$2.5 million through a non-brokered private placement of 10 million common shares at CAD$0.25 each. Insider participation will occur under exemptions from certain regulatory requirements, with proceeds for working capital.
Pasofino Gold Provides Update to Its March 5, 2025 Press Release
Pasofino Gold Limited has informed shareholders that it provided an undertaking to the Ontario Securities Commission regarding its shareholder rights plan, prohibiting the exercise of rights until March 31, 2025, or until revoked by the OSC.
Minnova Provides Corporate Update
Minnova Corp. has dissolved its subsidiary, Minnova Renewable Energy Ltd., to focus solely on developing its PL Gold Mine in Manitoba. The company abandoned negotiations to acquire DUMA Engineering shares and is unable to pursue legal action for a prior investment.
Canuc Announces Terms of a Private Placement Financing
Canuc Resources Corporation announces a non-brokered private placement financing as part of its agreement to acquire MacDonald Mines Exploration Inc. The financing aims to raise at least $500,000 CAD by issuing units priced at $0.10, to fund the acquisition and development projects.
Boreal Gold Announces Private Placement for $1,402,000
Boreal Gold Inc plans to raise $1,402,000 through a non-brokered private placement of 3,340,000 Flow-Through Shares and 2,000,000 Units. The funds will support general working capital and projects at the Fay Lake and Melgurd Lake properties, pending regulatory approvals.
E-Power Samples 29% Cg on the Tetepisca Flake Graphite Property
E-Power Resources Inc. announced promising results from its 2024 exploration of the Tetepisca graphite property in Québec, revealing a high-grade graphite sample. The findings highlight potential for significant graphite deposits, crucial for North America's industrial and defense needs amid global supply constraints. The exploration identified five target areas for further investigation in 2025.
Besra Gold Announces Shareholder Special Meeting
Besra Gold Inc. has announced a special shareholder meeting to vote on removing Dato Lim Khong Soon as a director. The meeting is scheduled for May 8-9, 2025, with record dates for notices and voting on March 26, 2025.
Dryden Gold Corp. Announces Grant of Stock Options and Marketing Agreements
Dryden Gold Corp. has granted 2.9 million stock options at $0.12 per share to various stakeholders. The company has also engaged Bunt Capital for marketing services, paying $15,000/month for six months, with additional stock options included in the agreement.
Golden Goliath Reduces Number of REE Projects
Golden Goliath Resources Ltd. has dropped its option on the Ernest REE project in Quebec but retains three other 100% owned REE properties in the region. The company is conducting exploration activities, including surveys and mapping, on these properties.
Blackrock Silver Engages ICP Securities for Automated Market Making Services
Blackrock Silver Corp. has engaged ICP Securities Inc. for automated market making services, paying C$7,500 monthly for an initial four-month term. The agreement aims to balance supply and demand for shares, with no current interest in the company from ICP.
Nine Mile Metals Maintains Wedge Project Option with Second Anniversary Payments
NINE MILE METALS LTD. announced its second anniversary payment for the Wedge Project, including a $9,000 cash payment and 200,000 shares to Slam Exploration Ltd. The Wedge VMS Project, covering 35.83 km², has prioritized targets for an upcoming drill program.
Silver Bullet Mines Provides Update at Super Champ in Arizona and Assays up to 405.4 oz / T Silver
Silver Bullet Mines Corp. reports rapid progress at the Super Champ Mine in Arizona, with significant potential for gold/silver production. CEO John Carter highlights advancements in mining efforts, promising silver grades, and the development of a new adit to access deeper mineralization.
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