Mining News Releases & Company Updates - Page 53
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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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Omai Gold Drills 5.21 g/t Au over 19.3m at Wenot, Including 11.44 g/t Au over 4.6m and 11.75 g/t Au over 3.6m
Omai Gold Mines Corp. announced positive assay results from their 2024 drilling program at the Wenot deposit in Guyana, completing 26 holes totaling 13,716m. Key findings include high-grade gold intersections, aiming to expand mineralization and support potential large-scale operations.
Pasofino Gold Provides Update to Its March 3, 2025 Press Release
Pasofino Gold Limited has informed shareholders that it has submitted an undertaking to the Ontario Securities Commission regarding its shareholder rights plan, halting any actions related to the plan until March 17, 2025, or until revoked by the OSC.
Doubleview Gold Corp Announces Collaboration with Her Excellency Sheikha Sara Nasser Al-Thani CEO of Qmission W.L.L. Qatar
Doubleview Gold Corp. has received interest from Sheikha Sara Nasser Al-Thani of Qmission for collaboration on its HAT Porphyry Deposit in British Columbia. They aim to foster business ties with Qatar and other Arab nations, focusing on critical mineral investments for a sustainable future.
Inspiration Starts USA Listing Process
Inspiration (CSE: ISP) is initiating the listing process for its shares in the USA to enhance global outreach and attract US investors. The company anticipates significant growth, particularly with its Rottenstone gold/copper project, following a recent German listing.
Wedgemount Announces Option Grant
Wedgemount Resources Corp. has approved stock options for 800,000 common shares at $0.10 each, expiring March 4, 2030. Shares exercised will face a four-month hold. The company focuses on maximizing shareholder value through natural resource projects in the southern USA.
Canadian Critical Minerals Announces Increases of Indicated Metal of 11% for Copper and 17% for Gold at the Bull River Mine
Canadian Critical Minerals Inc. announced a 10% increase in copper and 15% in gold at the Bull River Mine, with a new Mineral Resource Estimate showing significant gains due to the inclusion of surface stockpile material and rising metal prices.
EarthLabs Expeditions, The Adventure Continues with Rua Gold
EarthLabs Inc. announces Episode 4 of its travel documentary series "EarthLabs Expeditions," showcasing Rua Gold Inc. and its mining endeavors in New Zealand. The series highlights the junior mining industry through unfiltered stories and adventures, aiming to engage audiences.
Lion One Achieves C$6.3M of Mine Operating Income, Announces Assay Lab Accreditation
Lion One Metals Limited reported record mine operating income of C$6,302,540 for Q4 CY2024 from its Tuvatu Gold Mine in Fiji, marking a 312% increase. The company achieved ISO 17025 lab accreditation, improved gold recovery, and reduced costs while ramping up production.
Equity Metals Provides Corporate Update
Equity Metals Corporation announced the re-election of its directors and the re-appointment of its auditor during its annual meeting on February 27, 2025. The company also approved a stock option plan and granted options to buy shares, while detailing its project interests in silver and diamonds.
Copperhead Resources Closes First Tranche of Private Placement
Copperhead Resources Inc. has closed a first tranche of a non-brokered private placement, raising $92,250 by issuing 1,230,000 shares at $0.075 each. The funds will be used for working capital. Insider subscriptions accounted for $73,500 of the total.
Bayhorse Silver Extends Bayhorse Breccia Zone From 90 M (300ft) Downhole to 318 M (1050 ft) Reports Anomalous Copper-Zinc Assay Results From The First 115 M Of The Breccia Zone, And Preliminary IP Results
Bayhorse Silver Inc. reports promising assay results from drill hole BH24-01 at the Bayhorse Silver Mine, revealing copper, zinc, and intermittent gold mineralization. The findings suggest significant epithermal mineralization potential and plans for further geophysical surveys.
Valkea Completes Option of Legacy Australian Properties to S2 Resources
Valkea Resources Corp. has granted S2 Resources Corp. options to earn interests in its Australian projects: 80% in Yuengroon, Ballarat West, and Silver Spoon by investing A$1.2 million, and 51% in Glenfine by investing A$200,000, with specific shareholder approvals obtained.
Canadian Nexus Team Ventures Announces the Purchase of the GRID Platform
Canadian Nexus Team Ventures Corp. has finalized a deal to acquire the GRID Platform assets for CDN$725,000 in an all-share transaction. CEO Scott Young and Ali Saheli, the new President, aim to enhance investment opportunities in energy sectors through this acquisition.
Mr. Jinghe Chen, Chairman of Zijin Mining, Departs as a Director of Ivanhoe's Board; Replaced by Dr. James Wang, VP Overseas Operations for Zijin Mining
Ivanhoe Mines announced the resignation of Mr. Jinghe Chen from its board, replaced by Dr. Chun (James) Wang of Zijin Mining, effective March 1, 2025. Chen, a board member since 2019, was praised for his contributions to the Kamoa-Kakula project and Ivanhoe's success.
Metals Creek Secures Diamond Drill for the Tillex Copper Project
Metals Creek Resources Corp. announced a diamond drilling program for its 85% owned Tillex Copper Project in Ontario, targeting mineralized areas. Drilling is set to begin in mid-late March 2025, following a previous successful drilling in December 2024.
Sterling Metals Announces Private Placement of Units
Sterling Metals Corp. is conducting a non-brokered private placement to raise up to $1,000,000 by offering 4,000,000 units at $0.25 each, including common shares and warrants, subject to regulatory approvals. Proceeds will support general working capital.
Nuvau Minerals' 2023 Sonic Drilling Program Yields Regionally Significant Anomaly
Nuvau Minerals Inc. reports a significant gold anomaly with over 2,000 gold grains per 10kg from its sonic drilling at the Matagami Mining Camp, indicating potential for an eroded gold source nearby. This result surpasses previous findings in the Abitibi region.
Canter Submits Amended Notice of Intent for Columbus Lithium-Boron Project to Bureau of Land Management
Canter Resources Corp. has submitted an amended Notice of Intent to the Bureau of Land Management for its Columbus Lithium-Boron Project, allowing for additional drill sites. This step aims to advance exploration and maintain environmental compliance in collaboration with Sunstone Environmental Solutions.
Maritime Drills 12 gpt Gold over 28.0 Metres Including 73.7 gpt Gold over 4 Metres at Hammerdown Gold Project
Maritime Resources Corp. announced positive drill results from the Hammerdown Gold Project, revealing high-grade gold intersections, including 12.0 gpt over 28.0m. The grade control program aims to refine geological models ahead of planned open-pit mining.
West Point Gold Appoints Axemen Resource Capital as Strategic Advisors
West Point Gold Corp. has appointed Axemen Resource Capital as Strategic Advisors to enhance its capital market strategies and project development. The partnership aims to leverage Axemen's extensive experience in resource markets to improve decision-making and growth initiatives.
Hercules Metals Secures Mineral Lease Agreement with the State of Idaho
Hercules Metals Corp. has signed a 20-year mineral lease with the Idaho Department of Lands for 7,669 acres to explore and mine minerals near its property, expanding its land by over 46%. This aligns with Idaho's SPEED Act to enhance mineral resource development.
Heliostar CFO Commences Role and Incentive Grant
Heliostar Metals Ltd. announces Ms. Vitalina Lyssoun as CFO and grants stock options and RSUs to an employee. The company aims to expand production at its mines in Mexico and develop the Ana Paula Project, working towards becoming a mid-tier gold producer.
Radisson Awarded UL ECOLOGO Certification for Responsible Mineral Exploration
Radisson Mining Resources Inc. has achieved UL 2723 ECOLOGO® Certification for mineral exploration, recognizing its commitment to responsible practices. This marks a significant milestone as the first comprehensive certification for Canadian mineral exploration companies.
Canadian Copper Announces Annual General Meeting Results
Canadian Copper Inc. announced the results of its Annual General Meeting, where 28.71% of shares were voted. Directors were elected with high approval, and the company granted 2,400,000 stock options to incentivize contributors, exempt from minority approval requirements.
Neotech Metals Corp. Reports 342 meters of 0.50% TREO Including 58 meters of 1.06% TREO from Bedrock Surface on the Pike Zone Extension at Hecla-Kilmer
Neotech Metals Corp. announced new geochemical assay results from its diamond drilling at the Hecla-Kilmer Project in Ontario, focusing on Niobium and Rare Earth Elements. The results from two drill holes aim to validate previous surveys and assess mineralized zones for future development.
Phenom Closes Second Tranche of Private Placement Financing
Phenom Resources Corp. has closed a second tranche of a non-brokered private placement, issuing 500,000 units for $125,000. Each unit includes a share and a warrant, with a hold period until July 4, 2025. The offering is not available to U.S. persons.
Forge Resources Corp. Announces Executive Site Visit to La Estrella Coal Project and Inspection of Prospective Coal Projects in Colombia
Forge Resources Corp. will conduct an executive site visit to the La Estrella coal project and six other prospective projects in Colombia from March 9-18, 2025. The visit aims to assess progress, discuss procurement, and explore expansion opportunities in coal concessions. The company also launched a redesigned website for better stakeholder communication.
Anquiro Ventures and Black Pine Provide Update Regarding Qualifying Transaction
Anquiro Ventures Ltd. and Black Pine Resources Corp. have signed a Second Amending Agreement to extend the deadline for their merger agreement to May 31, 2025, while keeping other terms unchanged. Both parties aim to finalize the Proposed Transaction.
EnGold Announces Management Changes
EnGold Mines Ltd. announces that David Brett is no longer CEO; John Brown will serve as interim CEO. Brett remains on the Board. EnGold focuses on copper, gold, silver, and magnetite exploration at its Lac La Hache property in British Columbia.
Summa Silver Files Technical Reports for its Two American High-Grade Silver Projects
Summa Silver Corp. announced the completion of technical reports detailing mineral resource estimates for its Hughes and Mogollon projects in the U.S. The reports, compliant with NI 43-101, outline significant silver and gold resources in both projects.
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