Mining News Releases & Company Updates - Page 60
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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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Max Resource Reports 1.6% Copper over 55 Metres at Sierra Azul
MAX Resource Corp. announces expansion of the AM-13 exploration target to 1,500m by 100m and the discovery of a new Manto-style target, AM-15, in Colombia. A fully funded US $4.8 million exploration budget for 2025 has been approved.
Southern Silver Closes Non-Brokered Private Placement
Southern Silver Exploration Corp. closed a non-brokered private placement, raising $3.58 million by issuing nearly 20 million units. Proceeds will fund the Cerro Las Minitas project and the Nazas property development. All issued securities are subject to a hold period.
ESGold Announces DTC Eligibility, Enhancing Trading Accessibility and Liquidity in U.S. Markets
ESGold Corp. announced its common shares are now eligible for electronic clearing through the DTC, enhancing trading efficiency and liquidity for U.S. investors. This follows its uplisting to the OTCQB Venture Market, broadening access to institutional and retail investors.
Millennial Potash Initiates Environmental Baseline Studies at Its Banio Potash Project in Gabon
Millennial Potash Corp. has engaged Terea Environmental to conduct preliminary environmental baseline studies for its Banio Potash Project in Gabon. Soil and water sampling will inform an Environmental Social Impact Assessment (ESIA) necessary for a mining license application.
Canadian Critical Minerals Generates USD$159,000 in Revenue from Bull River Mine
Canadian Critical Minerals Inc. reported January 2025 revenues from selling 415 dmt of mineralized material from the Bull River Mine, generating about USD$159,000. Despite winter conditions affecting throughput, ore grades remained high. Future shipments are expected to increase.
Ridgeline Minerals MT Survey Confirms High-Priority 2025 Drill Targets at the Selena CRD Project, Nevada
Ridgeline Minerals Corp. announced successful results from a Magnetotellurics survey at the Selena project, indicating potential for a significant silver-gold-lead-zinc system. The company is planning an accelerated drill campaign for 2025, supported by findings from the survey.
Nova Pacific Metals Update: Expanded Lara Project, Secured Funding, and Upcoming Drill Program
Nova Pacific Metals Corp. provides a corporate update on its Lara VMS Project, highlighting achievements like a favorable drill permit application, an expanded drill program, successful financing, and strategic acquisitions to enhance growth in critical and precious metals markets.
Emperor Metals Unveils Bonanza-Grade Gold Discovery: 21.7m of 35.2 g/t Au, While Expanding Ounces by Testing Previously Unsampled Historical Core
Emperor Metals Inc. announced reanalysis results for DQ24-12 samples, revealing high-grade gold lenses previously underestimated. CEO John Florek highlighted the potential for increased gold grades and ounces in the deposit, supported by new drilling and historical assays.
Kesselrun Resources to Exhibit at PDAC 2025 Convention
Kesselrun Resources Ltd. will exhibit at the PDAC convention in Toronto from March 2-5, 2025, to discuss its exploration plans. The company focuses on growth through property acquisitions and has expertise in Northwest Ontario's mineral exploration.
Enduro Metals and Commander Resources Provide Update on Business Combination
Enduro Metals Corporation and Commander Resources Ltd. are progressing with their business combination, structured as a court-approved plan of arrangement. The transaction requires shareholder and court approvals, with risks noted for investors regarding the accuracy of information.
Enduro Metals and Commander Resources Provide Update on Business Combination
Enduro Metals and Commander Resources are advancing their business combination as a court-approved plan of arrangement, subject to shareholder and court approvals. The transaction's completion is uncertain, and investors are advised to be cautious regarding related information.
Compass Gold on Track to Commence Production at Massala Within the Next 60 Days
Compass Gold Corp. is nearing completion of its SMAT processing facility upgrade to start gold production at the Massala prospect in Mali. Environmental studies will finish soon, and they expect to receive a Small Mining Permit, allowing for up to 160,000 ounces of gold production over four years, aimed at benefiting the local economy and shareholders.
Aurania Appoints VP Corporate Social Responsibility
Aurania Resources Ltd. has appointed Ms. Carolina Lasso as Vice President of Corporate Social Responsibility. With 20 years of experience, she will lead CSR initiatives, enhancing community engagement and sustainability efforts for the company, pending TSX approval.
Imagine Lithium Announces Private Placement to Raise $2.35 Million
Imagine Lithium Inc. announced a non-brokered private placement to raise $2,350,020 through the sale of 28 million flow-through shares and 35.5 million common shares. Proceeds will fund exploration at the Jackpot Lithium Project and general corporate purposes.
Pacific Ridge to Display Chuchi Drill Core at PDAC Core Shack
Pacific Ridge Exploration Ltd. will showcase drill core from its Chuchi copper-gold project at the 2025 PDAC Core Shack and discuss plans for its RDP and Kliyul projects. The event occurs March 2-3, 2025, and management will meet potential joint venture partners.
Black Swan Graphene Announces the Appointment of Industry Veteran Dan Roadcap as Head of Technical Sales and Business Development
Black Swan Graphene Inc. has appointed Dan Roadcap as Head of Technical Sales and Business Development to enhance sales growth and market expansion. His extensive experience in polymers and materials will aid in the commercialization of graphene products.
Sailfish Royalty Declares Q1 2025 Dividend and Announces Dividend Reinvestment Plan
Sailfish Royalty Corp. has declared its first quarterly cash dividend of US$0.0125 per share for 2025, payable on April 15 to shareholders of record by March 31. A Dividend Reinvestment Plan (DRIP) is also introduced, allowing shareholders to reinvest dividends into additional shares. Future dividends depend on the Board's discretion.
Cascada's Phase II Diamond Drilling Program Intersects Porphyry Mineralization at the Angie Cu/Mo Project
Cascada Silver Corp. announced the successful completion of its Phase II diamond drilling at the Angie Copper Molybdenum Property in Chile, revealing a mineralized dioritic porphyry complex. The exploration identified key geological features and a significant 1,300 by 550 metre target area.
Prospector Appoints Jodie Gibson, P.Geo. to role of Vice President Exploration
Prospector Metals Corp. appoints Jodie Gibson as Vice President Exploration, citing his extensive experience and past successes in gold discoveries, particularly in Yukon. He will lead the 2025 drill program on the ML project, enhancing the team's exploration efforts.
AuMEGA Announces Commencement of its Winter Drill Program at Bunker Hill
AuMEGA Metals Ltd has begun its 2025 winter drill program at Bunker Hill, Newfoundland, using diamond drilling after a brief weather delay. The program aims for 10,000 meters of drilling at high-priority targets, with assay results expected by mid to late March 2025.
Avalon Appoints Mark N.J. Ashcroft as Strategic Consultant for Its Proposed Lake Superior Lithium Facility in Thunder Bay, ON
Avalon Advanced Materials Inc. has appointed Mark N.J. Ashcroft as a Strategic Consultant for its subsidiary, Lake Superior Lithium Inc., to advance a lithium processing facility in Thunder Bay, Ontario. The facility aims to convert local lithium into battery-grade lithium hydroxide for EV manufacturing, supporting clean energy efforts. CEO Scott Monteith also announced leadership changes within the company.
Dryden Gold Corp to Participate at the Metals Investor Forum & PDAC 2025 in Toronto
Dryden Gold Corp. will participate in the Metals Investor Forum in Toronto on February 28-March 1, 2025. President Maura Kolb will present on March 1, followed by a Q&A. Management will also be available at the PDAC event from March 2-5.
Kodiak Announces $5 Million Non-Brokered Private Placement
Kodiak Copper Corp. plans a non-brokered private placement to raise up to $5 million through issuing charity flow-through units and common share units. The financing will support its 2025 exploration program, including a resource estimate for its MPD project.
Doubleview Gold Corp Announces Significant High-Grade Copper and Gold Intercepts at Hat Polymetallic Deposit
Doubleview Gold Corp. reports significant assay results from its 2024 drilling at the Hat Project, highlighting high-grade copper and gold from drill holes H078 and H079. These results represent the best mineralization encountered so far, extending the mineralization envelope.
McFarlane Lake Announces Private Placement Offering of up to $1 Million
McFarlane Lake Mining Limited plans a non-brokered private placement to raise up to C$1,000,000 by offering 20 million units at C$0.05 each and 14.29 million flow-through shares at C$0.07 each. The offering is expected to close around February 28, 2025.
Besra Gold Inc. Announces Market Update
Besra Gold Inc. addresses misleading statements made by Quantum Metal Sdn Bhd regarding its business. The company requests the retraction of unauthorized communications and clarifies inaccuracies in a video claiming three million ounces of gold at its Bau Project.
Besra Gold Board Announces Shareholder Special Meeting
Besra Gold Inc is calling a special meeting to remove Dato Lim Khong Soon as a director. The Board members Morda, Lee, and Higginson will resign once suitable replacements are found. The meeting notice will be sent to shareholders per regulations.
Iconic Announces Termination of Option Agreement for New Pass Gold Property
Iconic Minerals Ltd. has terminated its property option agreement with Gold Basin Resources Corporation for the New Pass gold property due to Gold Basin's failure to meet payment conditions. As a result, Gold Basin holds no interest in the property.
Pelangio Exploration Inc. Announces Option to Acquire up to an 83% Interest in the Nkosuo Project Adjacent to Pelangio's Manfo Project
Pelangio Exploration Inc. has entered a strategic agreement with FJ Minerals to acquire up to an 83% interest in the Nkosuo Project in Ghana, adjacent to its Manfo Project. This collaboration aims to enhance exploration and development in the region's gold belts.
Bullion Gold Grants Option on Its Bousquet Project to Olympio Metals
Bullion Gold Resources Corp. has signed a letter of intent with Olympio Metals for Olympio to acquire up to 80% of the Bousquet gold project in Quebec. The deal involves a $2 million investment in exploration and $1.25 million in cash and shares, while Bullion retains 20%.
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