Mining News Releases & Company Updates - Page 55
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Honey Badger Silver Announces Closing of First Tranche of Non-Brokered Private Placement Raising Gross Proceeds of Approximately $2.013 Million
Honey Badger Silver raised $2.013M via private placements to fund exploration in Canada’s northern territories.
Dios Sells K2 to Azimut
Dios explores gold at its Heberto-Gold project; sells K2 property to Azimut for cash and shares, retaining a royalty. Focus on discovering a world-class gold deposit.
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Excellon Announces Appointment of Mike Hoffman to Board of Directors and Provides Corporate Update
Excellon Resources appoints mining veteran Mike Hoffman to its Board to enhance governance and support growth and production strategies.
Arya Resources Ltd. Engages CHF Capital Markets Inc.
Arya Resources partners with CHF Capital Markets for 12 months to boost investor relations, marketing, and capital markets advisory, with an option for share purchase.
Nevada Organic Phosphate Announces Stock Option Grant and Compensation Shares Issuance
Nevada Organic Phosphate granted stock options and issued shares as bonuses, including a related party transaction, to key personnel.
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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.
Zeb Announces Release of Interim Financial Statements
ZEB Nickel Corp. announced the filing of its interim financial statements for Q4 2024 and appointed Alex Spiro as an advisor while he steps down as director. The company focuses on developing mineral deposits critical for battery production, particularly in South Africa.
Wildsky Resources Inc. Grants Stock Options
Wildsky Resources Inc. announced the granting of 2.1 million stock options to officers, directors, and consultants, allowing them to acquire shares at $0.10 each for five years. The company focuses on exploration in Nigeria and seeks new properties globally.
Zentek Announces US$30 Million At-The-Market Offering in the United States
Zentek Ltd. announced an at-the-market offering agreement to sell common shares aiming for gross proceeds of up to $30 million, with Rodman & Renshaw LLC as the sales agent. Sales will occur on Nasdaq, not in Canada, at prevailing market prices.
First Andes Silver Closes Oversubscribed Private Placement Financing
First Andes Silver Ltd. announced the closing of an oversubscribed private placement, issuing 21.3 million shares for $1,065,000. Proceeds will fund a drill program at the Santas Gloria silver property. Executive Chairman Ian Stalker participated, qualifying as a related party transaction.
Pasofino Gold Alerts Market to Indirect Take-Over Bid by Nioko Resources Corporation and the Occurrence of a Flip-In Event Under Its Shareholder Rights Plan
Pasofino Gold Limited informs shareholders about Nioko Resources Corporation's acquisition of Hummingbird Resources PLC and its implications for Pasofino, including a potential indirect takeover and a flip-in event under its shareholder rights plan.
IMDEX and Datarock collaborate with ELEMISSION to fast-track geological data analysis
IMDEX and Datarock have partnered with ELEMISSION to enhance mining exploration through advanced data integration and AI-driven analysis. This collaboration aims to provide timely insights from extensive datasets, improving decision-making and efficiencies in mining operations.
Voyageur Clarifies Terms of Previously Announced Agreement
Voyageur Pharmaceuticals Ltd. clarifies its distribution agreement for SmoothX 2%, stating it is not a sales contract as previously described. The agreement involves a USD $1.9 million commitment over three years for radiology product distribution in Latin America, with sales expected to begin in 2H 2025.
Coloured Ties Announces Change of Chief Financial Officer
Coloured Ties Capital Inc. has announced the appointment of Harry Nijjar as the new CFO, replacing Zara Kanji. Nijjar brings extensive experience in financial advisory and holds a CPA CMA designation. The company thanks Kanji for her contributions.
ONGold Identifies Five New High-Priority Gold Exploration Targets at Monument Bay and Announces Grant of Restricted Share Units
ONGold Resources Ltd. announces updates on the Monument Bay Gold project in Manitoba, acquired from Agnico Eagle. The company has identified five high-priority gold exploration zones for 2025 and plans to resume activities with local community engagement.
RETRANSMISSION: LaFleur Minerals to Restart Gold Milling at Beacon Gold Mill in Val-d'Or, Québec
LaFleur Minerals Inc. plans to restart production at its Beacon Gold Mill in Québec, capitalizing on rising gold prices near $3,000 per ounce. The fully refurbished mill aims to produce 30,000-40,000 ounces of gold annually, targeting nearby mineralized materials.
Lavras Gold Corp. Intersects 1.8 g/t Gold over 123 Metres at Butiá Gold Deposit, LDS Project, Southern Brazil & Provides an Exploration Update
Lavras Gold Corp. announced promising results from 18 new drill holes at the Butiá Gold Deposit in Brazil, highlighting significant gold intersections, including 4.1 g/t over 21 meters. The company aims to enhance resource confidence and pursue metallurgical tests for economic feasibility.
Kingsmen Reports Expanded Geochemical Data Silvia - La Plata Zones
Kingsmen Resources Ltd. announces positive exploration results from its Las Coloradas project in Mexico, highlighting geochemical variations in the Silvia and La Plata zones that indicate high mineralization potential for future drilling campaigns.
TNR Gold NSR Royalty Update - McEwen's Los Azules Copper Requests Admission to Argentina's Incentive Regime for Large Investments
TNR Gold Corp. announces McEwen Mining's update on the Los Azules copper, gold, and silver project in Argentina, where TNR holds a 0.4% NSR Royalty. McEwen Copper has applied for RIGI admission to secure investment incentives for the project.
Record Resources Encouraged By QIMC Hydrogen Estimate
Record Resources Inc. is optimistic about Quebec Innovative Materials Corp's findings on hydrogen resources in the Lake Temiskaming Graben, suggesting a potential yield of 17,000 tonnes valued at $171 million, based on reservoir rock analysis and new mineral insights.
Q Precious & Battery Metals Corp. Closes Matane Hydrogen Acquisition and closes 1st Tranche of Private Placement
Q Precious & Battery Metals Corp. has closed its first tranche of a private placement, raising $536,555.03, and completed an acquisition of the Matane Hydrogen Project, issuing 6 million shares and a 1.2% royalty to sellers. Proceeds will support exploration and operations.
Northern Graphite Celebrates 35th Anniversary of Lac des Iles Mine with Special Report on North America's Only Graphite Producer
Northern Graphite Corporation announces a Special Report on the Lac des Iles graphite mine, highlighting its 35-year history and plans to supply battery-grade graphite for the EV market. The report outlines resource expansion strategies and financing challenges.
Silver Bullet Mines Intercepts High Grade Silver Zone at Washington Mine in Idaho
Silver Bullet Mines Corp. has accessed a high-grade silver vein at its Washington Mine in Idaho, estimating 3 million ounces of silver and 15,000 ounces of gold. Recent drilling has confirmed the presence of the vein, with samples sent for assay.
1844 Resources Announces Extension of Option Agreement with Nickel North
1844 RESOURCES Inc. has updated its option agreement with Nickel North for the Hawk Ridge nickel/copper project, extending the deadline to March 31, 2025, due to a delay in a geological report. The company is also pursuing a private placement for up to $700,000.
Fathom Announces Financing Update and Participation at PDAC Core Shack
Fathom Nickel Inc. has closed a non-brokered offering, raising $398,025 by issuing flow-through and non-flow-through units. Proceeds will fund eligible Canadian exploration expenses for projects in Saskatchewan, with tax benefits for subscribers.
StrikePoint Reports Exploration Target on Hercules Gold Project of Between 819,000 and 1,018,000 Ounces Au Grading Between 0.48 and 0.63 g/t Au
StrikePoint Gold Inc. announces the completion of its first technical report on the Hercules Gold Project in Nevada, establishing a bulk tonnage Exploration Target of 819,000 to 1,018,000 ounces of gold. The report highlights significant untapped potential and untested targets.
Graycliff Exploration and Emergent Waste Solutions Sign Letter of Intent
Graycliff Exploration Limited and Emergent Waste Solutions Inc. have signed a non-binding Letter of Intent for Graycliff to acquire 100% of EWS' shares, involving a $25,000 deposit, interim financing, and a minimum $1,000,000 fundraising, pending regulatory approvals.
Andean Precious Metals Provides Notice of Q4/FY 2024 Earnings Conference Call and Webcast
Andean Precious Metals Corp. will release its 2024 financial results on March 18, 2025, followed by a conference call on March 19 at 9:00 am ET. The company focuses on expanding its precious metals production in the Americas.
Eminent Begins IP Program at Celts Project in Nevada
Eminent Gold Corp. has launched a test geophysical program at its Celts project in Nevada, using Induced Polarization (IP) to explore potential gold-bearing structures. The program aims to identify mineralization signals and advance towards drilling.
Benton Intersects Wide Interval of Massive Sulphide at Great Burnt Main Zone and Makes New Discovery in North Stringer Area, Mobilizes Down Hole and Surface EM Crews
Benton Resources Inc. announces successful drilling at the Great Burnt Main Zone, revealing high-grade copper mineralization in drill hole GB-25-60. The company plans further drilling to explore historically weaker areas and has identified significant mineralization in the North Stringer Zone.
Cascada Announces Grant of Options
Cascada Silver Corp. has granted 5.46 million stock options to directors, officers, and consultants, and appointed Research Capital Corporation as a financial advisor. The company focuses on mineral exploration in Chile, particularly the Angie Copper Molybdenum Project.
Thunder Gold Announces 2025 Exploration and Drilling Plan for the Tower Mountain Gold Property
Thunder Gold Corp has resumed exploration at its Tower Mountain Gold Property in Ontario, planning a phased drilling program to expand the P-Target and assess gold mineralization. A ground magnetic survey will prioritize gold anomalies for follow-up drilling.
Canstar Launches Geophysics Program to Unlock High-Grade Potential of Historic Buchans Mining District, Announces Total of More than C$550,000 in Warrant Exercise Proceeds, and Provides Corporate Update
Canstar Resources Inc. has launched a geophysics program using advanced technology to explore high-grade precious and critical metals in the historic Buchans mining district, building on past surveys and aiming to identify new drilling targets related to VMS mineralization.
Magna Mining Initiates Diamond Drilling at the Levack Mine and Reports 2024 Drilling Results at the McCreedy West Mine
Magna Mining Inc. has completed the acquisition of Sudbury Basin assets and initiated diamond drilling at the Levack Mine. Recent drilling at the McCreedy West Mine revealed high-grade copper, nickel, and precious metals, indicating significant resource potential.
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