Mining News Releases & Company Updates - Page 53
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Delta Announces AGM Results
Delta Resources shareholders approved all proposals, re-elected directors, and appointed auditors at the August 2025 meeting; the company explores gold in Ontario.
CopAur Minerals Sells Bolo Project Interest, Strengthening Focus on Flagship Kinsley Mountain
CopAur sold its stake in Bolo Gold Project to focus on its Nevada Kinsley Mountain project, receiving cash and debt forgiveness.
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Iconic Retains Media and Marketing Consultant and Grants Stock Options
Iconic Minerals hires Pollen Agency for 6-month media campaigns to boost awareness; grants stock options; details on New Pass Gold Project in Nevada.
Battery Mineral Resources Announces Reinstatement of Trading
Battery Mineral Resources has had its trading reinstated on TSXV after resolving a cease trade order; it aims to improve operations and finances at its Punitaqui copper project.
Silver Bullet Mines Commences Daily Processing of Super Champ High Grade Silver/Gold in Arizona
Silver Bullet Mines begins daily processing of high-grade silver and gold ore from Arizona's Super Champ Mine at its Globe mill, focusing on concentrate production with existing and future increased operations.
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Adyton Resources Completes over 4,000m Drilling at Wapolu and Prepares for Gameta Drilling with Unanimous Landowner Support
Adyton Resources Corporation updates on drilling progress at Wapolu and Gameta Gold Projects in Papua New Guinea, reporting over 4,000m drilled, site preparations at Gameta, and successful support for Wapolu mine renewal. Continuous drilling is also ongoing at Feni Island.
T2 Metals Completes Winter Drill Program at Sherridon Copper-Gold Project, Manitoba and Earns 90%
T2 Metals Corp. completed a winter core drilling program at the Sherridon copper-gold project in Manitoba, totaling 1,120 meters across four holes. This program allowed the company to achieve 90% ownership under an Option Agreement with Halo Resources. Results will be shared later.
Zodiac Gold Partners with Karbon-X Corp. to Integrate Carbon Offsets into Exploration Efforts
Zodiac Gold Inc. has partnered with Karbon-X Corp. to reduce its carbon footprint and promote sustainable mining practices in West Africa. This collaboration aims for net-zero emissions while fostering economic development and environmental stewardship in Liberia.
Mason Resources Strengthens Leadership with the Appointment of Accomplished Chief Financial Officer
Mason Resources Inc. has appointed Gregory Duras as CFO effective March 26, 2025. With over 30 years of financial leadership experience, he aims to enhance the company's investment strategy. His appointment follows Carmelo Marelli's resignation.
Kesselrun Resources Reports Surface Sample Results and New Zone
Kesselrun Resources Ltd. announced new sampling results from the McKellar mineralization trend in Thunder Bay, Ontario, revealing two parallel zones and extending the McKellar West zone's strike length. This enhances exploration potential on the Huronian Gold Project.
Peruvian Metals Corp. Signs Agreement to Sell Maria Norte to Rio Silver Inc.
Peruvian Metals Corp. has agreed to sell its 100% interest in the Maria Norte Project in Peru to Rio Silver Inc. for cash and shares. This sale, which involves a non-core asset, allows Peruvian Metals to focus on gold exploration in Northern Peru.
EMX Royalty Announces Commencement of New Normal Course Issuer Bid
EMX Royalty Corporation announces approval for a new Normal Course Issuer Bid (NCIB) after completing the previous one. They plan to repurchase up to 5,440,027 shares over a year, aiming to enhance shareholder value and liquidity. An automatic stock purchase program will also be initiated.
ELYSEE Earns $652,227 During the Year Ended December 31, 2024
Elysee Development Corp. reported a net profit of $652,227 for FY 2024, a turnaround from a loss in FY 2023. They had a NAV of $0.42 per share, increased cash reserves, and recorded total investment income of $1,260,642. Administrative expenses rose due to new debenture costs.
Cabral Gold Drills 3m @ 15.9 g/t gold and Discovers New Mineralized Zone at the Machichie Main Gold Deposit, Cuiú Cuiú Gold District, Brazil
Cabral Gold Inc. announced positive drill results from the Machichie Main gold deposit in Brazil, revealing new mineralized zones and significant gold concentrations. These findings suggest potential for future development at the Cuiú Cuiú Gold District.
Southern Cross Gold Expands Golden Dyke with 5.4 m @ 29.6 g/t Gold Intercept
Southern Cross Gold reports positive drill results from the Golden Dyke prospect at its Sunday Creek project, revealing three significant high-grade gold intercepts that enhance the deposit's economic potential and indicate possibilities for further resource expansion.
Kodiak Appoints Peter Holbek as Advisor
Kodiak Copper Corp. has appointed Peter Holbek as a technical advisor. With 45 years of experience in geology and mining, he previously served as VP Exploration at Copper Mountain Corp. His expertise includes resource estimation and mine development relevant to Kodiak's projects.
Thor Explorations Announces Release of Fact-Finding Committee Report on Osun State Dispute
Thor Explorations' subsidiary, SROL, received a report confirming its compliance with legal obligations in a dispute with the Osun State Government, dismissing allegations of wrongdoing and environmental pollution. A revised tax invoice was recommended for reconciliation.
Independence Gold Announces New Discovery at the Larry Vein System of 19.40m Grading 5.58 g/t Gold and 73.76 g/t Silver at the 3Ts Project, BC
Independence Gold Corp. announced the discovery of high-grade gold and silver at the Larry Vein System in its 3Ts Project, BC. Significant drill results show promising mineralization. Further assays are pending, and the vein's potential remains open for exploration.
District Intersects 11.0 m at 5.8% Zn, 1.1% Pb, 20 g/t Ag on the Stollberg Property
District Metals Corp. reports drill results from five holes at the Stollberg Property in Sweden, as part of a collaboration with Boliden Mineral AB. The drilling, totaling 2,438 m, enhances understanding of the area's geology and mineralization, similar to Garpenberg Mine.
LithiumBank Announces $5 Million Private Placement and Repricing of Stock Options
LithiumBank Resources Corp. is offering up to $5 million through the sale of units and flow-through units, with the proceeds aimed at funding mineral license payments, environmental assessments, and community consultations.
Blue Star Gold Announces $3.5M Non-Brokered Private Placement
Blue Star Gold Corp. plans to raise up to $3.5 million through a non-brokered private placement of 35 million shares at $0.10 each, pending approval from the TSX Venture Exchange. Proceeds will support general working capital for its mineral exploration projects in Nunavut.
Solis Minerals Announces TSXV Approval of Tranche 2 Placement Closing Date
Solis Minerals Limited updates on its Tranche 2 placement, receiving a 30-day extension from the TSX Venture Exchange due to a Special Shareholder Meeting. The company focuses on copper exploration in South America, holding 81 concessions in Peru.
JVR Ventures Inc. Enters into Agreement for Qualifying Transaction with Luna Energy Ltd. and Its Cabayu Uranium Project
JVR Ventures Inc. has signed a binding agreement to acquire Luna Energy Ltd., constituting a reverse take-over. The transaction will allow JVR to continue Luna's business and aims to qualify as its capital pool company transaction for TSXV listing.
Kingsview Minerals Announces Corporate Update
Kingsview Minerals Ltd. announced a share consolidation effective March 14, 2025, with a reverse split of 1:10, resulting in approximately 3,833,211 post-consolidation shares. The Board approved this move, and a caution about forward-looking statements was included.
Millennial Increases Private Placement
Millennial Potash Corp. is increasing its private placement to 8,215,333 units at $0.60 each, raising $4,929,200 for the Banio Potash Project and general working capital. The placement requires TSX Venture Exchange approval and includes insider participation.
Resource Centrix Announces Subdivision of Shares
Resource Centrix Holdings Inc. announces a ten-for-one share split effective March 31, 2025, increasing outstanding shares to approximately 94.2 million to boost liquidity. Trading will begin on a post-split basis on April 1, 2025, with no action needed from shareholders.
West High Yield (W.H.Y.) Resources Ltd. Announces Final Closing of Oversubscribed Private Placement
West High Yield Resources Ltd. announced the closing of its private placement offering, issuing 1,737,899 units for $399,717. This brings total proceeds to $1,073,937.33 from 4,669,290 units. Each unit includes a common share and a warrant, subject to trading restrictions.
Phenom Informs Shareholders of President Trump's Executive Order: Immediate Measures to Increase American Mineral Production
Phenom Resources Corp. announces an Executive Order by President Trump aimed at revitalizing U.S. mineral production by addressing regulatory burdens. The Order includes action plans to expedite mining projects, which could benefit Phenom's gold projects.
Sanu Gold Announces Upsize of Private Placement to $12 Million led by Montage Gold & the Lundin Family
Sanu Gold Corporation has increased its non-brokered private placement to up to 42.86 million common shares at C$0.28 each, aiming for C$12 million in proceeds. Funds will support exploration in Guinea and may include new permit acquisitions.
Bayhorse Silver Reports Anomalous Copper-Zinc Assay Results from the Last 112 m of Drill Hole BH24-01 from 207 m (680ft) Downhole to End of Hole at 318 m (1050 ft)
Bayhorse Silver Inc. reports promising assay results from drill hole BH24-01 at the Bayhorse Silver Mine, revealing significant mineralization, including copper, zinc, and gold. The findings support the mine's epithermal nature and identify three new high-priority drill targets.
Snow Lake to Secure Stake in Game-Changing Uranium Enrichment Technology, Unlocking Access to $6 Billion Market
Snow Lake Resources Ltd. announces its investment in Global Uranium and Enrichment Limited, gaining access to Ubaryon's innovative uranium enrichment technology. This positions Snow Lake strategically in a growing market, addressing U.S. energy security and future nuclear fuel demands.
Canaf Reports Financial Results for Q1 2025
Canaf Investments Inc. announced its Q1 2025 financial results, reporting revenue of CAN$8.34M and a net income of CAN$781K. Shareholder equity increased to CAN$12.4M, reflecting growth. Detailed financial statements are available on their website and SEDAR.
Gold Hunter Resources Uplists to OTCQB, and Receives DTC Eligibility for American Investors
Gold Hunter Resources Inc. has uplisted to the OTCQB Venture Market (symbol "HNTRF") and received DTC eligibility, enhancing access for U.S. investors. This move aims to increase visibility and liquidity while meeting strict regulatory standards.
Palamina Extends Known Gold Mineralization in the Sol De Oro North Zone at the Usicayos Gold Project
Palamina Corp. announces assay results from its Usicayos gold project in Peru, revealing a new mineralized shear zone southeast of the SDO North area. The target for resource drilling has doubled in width, with a planned drill program to further explore gold mineralization.
Lion One Drills 142.66 g/t Gold over 2.2 m from Underground at Tuvatu Gold Mine in Fiji
Lion One Metals Limited reports high-grade gold results from 2,194.70 meters of drilling at its Tuvatu Alkaline Gold Project in Fiji, focusing on the Ura lode system. Significant gold assays were found, and mining operations are ongoing, targeting areas with high-grade results.
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