Mining News Releases & Company Updates - Page 52
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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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Pasofino Gold Announces Resignation of Directors and Provides Update on Actions Taken by Nioko Resources Corporation
Pasofino Gold Limited announces the resignation of board members Dan Betts and Tom Hill, thanks them for their service, and informs that Nioko Resources' acquisition of Hummingbird Resources triggered the Royalty Holder's right to potentially terminate a royalty agreement.
Golden Rapture Mining Closes Non-Brokered Private Placement
Golden Rapture Mining Corporation announced the successful closing of a $560,000 oversubscribed private placement, selling 11.2 million units to fund exploration and operations. Participants included various financial firms, and a finders fee may be applicable.
Argyle Resources Corp. Announces Filing of 22 Mineral Lode Claims Near Bovill, Idaho
Argyle Resources Corp. announces the filing of 22 mineral lode claims for the Bovill Silica Project near Bovill, Idaho, in collaboration with Rangefront Mining Services. The claims, located in a silica-rich area, include a historic feldspar quarry, enhancing their potential.
Argyle Announces Renewal with Euro Digital Media
Argyle Resources Corp. has extended its marketing agreement with Euro Digital Media Ltd. for two months, paying USD $500,000 for services that include online advertising and campaign management. Argyle is a junior mineral exploration company focused on natural resources in North America.
Mayo Lake Minerals' 2025 Spring-Summer Exploration Plans
Mayo Lake Minerals Inc. announces a private placement and updates on its exploration plans for four properties in the Tombstone Gold Belt, Yukon. Initial satellite surveys will precede summer ground programs aimed at making the properties attractive for joint ventures.
ESGold Reports over 90.9% Gold Recovery Using Dundee Sustainable Technologies Non-Cyanide CLEVR Process(TM) on Montauban Project Stockpiled Tailings
ESGold Corp. reported successful metallurgical tests of the CLEVR Process™, a non-cyanide gold recovery method, on tailings from the Montauban Project. The tests achieved over 90.9% gold recovery and indicated strong silver potential, with further studies needed for economic viability.
Besra Gold Inc. Releases: 31 December 2024 Half Year Results
Besra Gold Inc announced its 31 December 2024 half-year results on 4 March 2024, releasing the information to the Australian Securities Exchange. The company focuses on gold exploration in the Bau Goldfield, East Malaysia.
Nicola Mining and High Range Exploration Receive Draft Permit for High Grade Dominion Creek Mineral Project
Nicola Mining Inc. has received a draft bulk sample permit for its Dominion Creek Mineral Project, allowing the extraction of 10,000 tonnes of gold and silver ore. The project is a collaboration with High Range Exploration Ltd., with extraction planned for July 2025.
RT Minerals Corp. Highlights Growing Interest in the Case Batholith Region amid Increased Global Investments
RT Minerals Corp. emphasizes the growing exploration in the Case Batholith region of Ontario, attracting major mining investments for lithium, cesium, and rare earth elements. Positioned strategically near key players, RTM aims to leverage the rising demand for critical minerals.
Homerun Resources Inc. Closing of Halocell Europe Acquisition
Homerun Resources Inc. has completed the acquisition of Halocell Europe SRL from Halocell Energy, involving 1.1 million common shares and AU$600,000 investment. The company has granted stock options and announced the exercise of warrants under previous financing.
US Critical Metals Announces Extension of Closing Date and Amended Terms of Non-Brokered Private Placement of Units
US Critical Metals Corp. announces an extension and amendment of its non-brokered private placement offering, allowing for up to C$1.3 million in gross proceeds via units priced at C$0.05 each. The closing date is extended to March 31, 2025, for exploration funding.
African Energy Metals Files NI-43-101 Report on Ninobamba
African Energy Metals Inc. announced the acceptance of its technical report on the Niñobamba silver-gold project by TSXV, marking its reactivation from NEX to Tier 2. The report, effective January 21, 2025, is part of an agreement to acquire the project in Peru.
RETRANSMISSION: Manganese X Energy Corp. Announces Conversion of Subscription Receipts from $2.1 Million Private Placement, Including Investment from New Control Person Eric Sprott
Manganese X Energy Corp. announced the successful closing of a $2.1 million offering, converting 60 million subscription receipts into units after meeting escrow release conditions. This includes shareholder approval for Eric Sprott's control over the company.
Multi-Hole Drill Program Now Underway on "Case Lake West Cesium and Spodumene Pegmatite Project" in Ontario Bordering Power Metals Corp.'s Cesium Deposit
Sienna Resources Inc. has launched a drill program at its 100% owned Case Lake West Cesium and Spodumene Pegmatite Project in Ontario, aiming to explore its high-grade cesium, lithium, and tantalum potential, which is strategically important for future technologies.
Manganese X Energy Corp. Announces Conversion of Subscription Receipts from $2.1 Million Private Placement, Including Investment from New Control Person Eric Sprott
Manganese X Energy Corp. announced the successful closing of a $2.1 million offering, resulting in the conversion of 60 million subscription receipts into units and the release of escrowed funds. The offering included shares and warrants, with Eric Sprott as a control person.
Silicon Metals Corp. Announces Appointment of Director and Chief Operating Officer
Silicon Metals Corp. has appointed Raymond Wladichuk as a board member and COO. With over 15 years in the natural resource sector, he brings extensive expertise in exploration and silica. His appointment is expected to enhance the company's future opportunities.
Silver47 Closes First Tranche of Non-brokered Private Placement
Silver47 Exploration Corp. closed the first tranche of a non-brokered private placement, raising $3,985,839 by issuing units and flow-through units. Proceeds will fund exploration at the Red Mountain Project and general working capital, with FT Units dedicated to eligible Canadian exploration expenses.
Solis Announces Closing of Tranche 1 of the Placement
Solis Minerals Ltd. announced the successful closure of Tranche 1 of its Placement, raising A$1,866,703.70 by issuing 21,961,220 CDIs at A$0.085 each. Tranche 2 requires shareholder approval in April 2025. The company focuses on copper exploration in South America.
Indigo Exploration Announces Date for Share Consolidation
Indigo Exploration Inc. will consolidate its shares on March 10, 2025, at a rate of 2:1, reducing its outstanding shares from 66,538,020 to approximately 33,269,010. Trading will continue under the symbol IXI, and shareholders will receive instructions for exchanging certificates.
Talon Metals to Option Its Boulderdash and Roland Nickel-Copper Targets in Michigan to Lundin Mining
Talon Metals Corp. has signed an exclusivity agreement with Lundin Mining to negotiate an earn-in agreement for a potential 70% stake in the Boulderdash and Roland exploration targets. Lundin Mining has advanced $5 million for drilling, with conditions for repayment or share issuance.
Quest Critical Metals Announces Amendment to Non-Brokered Private Placement
Quest Critical Metals Inc. has amended its private placement plan to raise up to $1.52 million by issuing units at $0.07 each. The funds will support an initial drill program at the Tisvoa Klingenthal copper/cobalt property and cover corporate expenses.
Minera Alamos Announces Results of Annual and Special General Meeting
Minera Alamos Inc. announced that shareholders overwhelmingly approved all proposals at its AGM on February 28, 2025, including board nominations and auditor appointments. A total of 210 million shares were voted, representing 42.07% of total shares.
Magna Mining Announces Closing of $33.5 Million Private Placement
Magna Mining Inc. announced the closure of a private placement, raising approximately $23.5 million from unsecured convertible debentures and $10 million from common shares. The funds will support Sudbury projects and corporate purposes. The debentures have a 10% interest rate and mature in 2029, convertible into shares at $2.00.
Early Warning Regarding the Acquisition of Securities of Lafleur Minerals Inc.
Coloured Ties Capital Inc. acquired 4,299,211 common shares of LaFleur Minerals Inc. for $644,881.65, increasing its ownership to approximately 29.57%. The shares were purchased for investment purposes, and CTI may adjust its holdings based on market conditions.
MINERALRITE CORPORATION (RITE) Executes an Investment Banking Agreement Engaging the Services of Alpine Securities Corporation
MINERALRITETM Corporation entered a non-exclusive investment banking agreement with Alpine Securities, allowing flexibility to engage other firms. The agreement aims to enhance RITE's presence in the brokerage community and improve access to capital, supporting ongoing acquisitions.
Kapa Gold Provides Permitting, Historic Drilling and Surface Sampling Updates
KAPA Gold Inc. updates on drilling preparations for its Blackhawk Gold Project, including biological surveys to avoid sensitive species and bonding submissions for drilling. Recent sampling shows promising grades in two target areas, Santa Fe and Timber.
Surge Receives Positive Record of Decision on its Exploration Plan of Operations Permit at the Nevada North Lithium Project
Surge Battery Metals Inc. has received BLM approval for the Nevada North Lithium Project's Exploration Plan of Operations, increasing disturbance from 5 to 250 acres for exploration drilling and related activities, while committing to environmental protection and reclamation efforts.
Ivanhoe Mines Reports Strong Copper and Zinc Production in the First Two Months of 2025
Ivanhoe Mines reported strong early 2025 production from the Kamoa-Kakula Copper Complex, achieving near-record copper output. January and February saw average daily production of 1,467 and 1,459 tonnes, respectively. The company expects 2025 production to meet or exceed 580,000 tonnes. Power availability is improving as hydroelectric sources increase.
Moon River Moly Ltd. to Retain the Services of Renmark Financial Communications Inc.
Moon River Moly Ltd. has appointed Renmark Financial Communications to manage its investor relations, enhancing visibility in North America and Europe. The agreement, effective March 3, 2025, includes services for a monthly fee of up to $9,000 CAD for seven months.
Atlas Lithium Strengthens Position in Critical Minerals with Rare Earths, Titanium, Graphite, and Uranium Exposure
Atlas Lithium Corporation holds a 32.2% stake in Atlas Critical Minerals, enhancing its position in Brazil's critical minerals sector amid rising global demand. The company focuses on rare earth elements, graphite, and uranium, crucial for defense, energy, and EV technologies.
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