Mining News Releases & Company Updates - Page 66
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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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Azincourt Energy Corp. Engages ICP Securities Inc. for Automated Market Making Services
Azincourt Energy Corp. has contracted ICP Securities Inc. to provide automated market making services for four months, starting February 18, 2024, at a monthly fee of C$7,500. The agreement allows for automatic renewal unless terminated by either party.
CopperCorp Confirms Significant Outcropping Mineralization at Hydes and Commences Ground Gravity Surveys at Razorback
CopperCorp Resources Inc. updates on exploration at its Razorback Copper-Gold-REE property in Tasmania, reporting the discovery of copper mineralization at the Hydes prospect, ongoing mapping, and gravity surveys planned for priority areas Jukes and Hydes.
Sailfish Royalty Comments on Draft Environmental Impact Statement filed for Spring Valley
Sailfish Royalty Corp. announced the filing of the Draft Environmental Impact Statement for the Spring Valley Mine Project in Nevada, fulfilling BLM obligations. Comments on the DEIS are due by April 4, 2025, with a Record of Decision expected later in the year.
Forum Announces Drill Results of Highly Elevated Uranium at the Basement/Sandstone Unconformity in the Thelon Basin
Forum Energy Metals Corp. reports promising drill results from the Ayra, Loki, and Ned grids in the Thelon Basin, indicating major unconformity-style uranium mineralization. The findings suggest potential for Tier One uranium deposits, comparable to those in the Athabasca Basin.
Carolina Rush Provides Exploration Update on Brewer Gold-Copper Project
Carolina Rush Corporation announces an exploration update for its Brewer Gold-Copper Project, focusing on deep porphyry potential in 2025. Plans include publishing a NI 43-101 Technical Report, conducting deep-sensing surveys, and engaging strategic partners for drilling.
Midnight Sun to Retain 100% Interest in Dumbwa Target
Midnight Sun Mining Corp. announces the termination of its earn-in agreement with KoBold Metals for the Dumbwa target, maintaining 100% ownership. The company plans a 2025 exploration program led by Dr. Kevin Bonel, emphasizing the potential for significant copper discoveries.
Copper Fox Provides Results of 3D SWATH DCIP & MT Surveys on Sombrero Butte Porphyry Copper Project
Copper Fox Metals Inc. announces positive results from geophysical surveys at the Sombrero Butte project, indicating significant chargeability anomalies that suggest potential underground sulphide mineralization and porphyry copper system.
Blackrock Silver Engages Westland Engineering and Environmental Services to Drive Permits Required for Underground Decline and Test Mining at Tonopah West
Blackrock Silver Corp. has chosen Westland Engineering to assist in obtaining permits for developing its Tonopah West project in Nevada, aiming to enhance silver production in the U.S. The company plans to start exploration by 2027 and expand drilling for a resource update in Q3 2025.
Argyle Resources Corp. Announces Closing of First Tranche of Private Placement Offering
Argyle Resources Corp. closed a first tranche of a non-brokered private placement, raising $869,400 by issuing 2,070,000 units at $0.42 each. Proceeds will fund Quebec property expenditures and general working capital. Certain fees and warrants were issued.
GoviEx Uranium Secures Strategic Roadmap with the Republic of Niger for Madaouela Project Resolution
GoviEx Uranium Inc. has signed a letter of intent with the Republic of Niger to negotiate a resolution for the Madaouela Uranium Project dispute, suspending arbitration proceedings during talks. They aim for a mutually acceptable outcome but no guarantees exist.
Snow Lake Expands Its Uranium Portfolio with Acquisition of the Buffalo Uranium Project in Wyoming, United States
Snow Lake Resources Ltd. plans to acquire the Buffalo Uranium Project in Wyoming, enhancing its uranium portfolio. CEO Frank Wheatley emphasizes the strategic move aligns with U.S. energy policy and the growing demand for nuclear energy, aiming to benefit shareholders.
Group Eleven Announces $1,500,000 Non-Brokered Private Placement, Including Participation from Michael Gentile
Group Eleven Resources Corp. is conducting a non-brokered private placement to raise up to $1.5 million by selling units at $0.19 each. Funds will support exploration in Ireland and general working capital. The offering is subject to regulatory approvals and includes related party transactions.
RETRANSMISSION: Sienna Resources Receives Drill Permit on the "Case Lake West Cesium and Spodumene Pegmatite Project" in Ontario Bordering Power Metals Corp.'s Cesium Deposit
Sienna Resources Inc. has received a drill permit for its Case Lake West Cesium and Spodumene Pegmatite Project in Ontario. This area is highly promising for cesium, and Sienna aims to begin drilling soon, seeking to capitalize on nearby successful mineral discoveries.
Graphano Provides Update on Exploration Progress and Strategic Initiatives
Graphano Energy Ltd. is advancing its graphite projects in Québec, focusing on resource estimation and metallurgical work to meet growing demand for sustainable graphite. The CEO emphasizes the need for a resilient supply chain amid geopolitical uncertainty and seeks strategic partnerships for development.
With a New Investment, Central Puerto Becomes the Largest Shareholder of AbraSilver, Owner of the Diablillos Gold and Silver Project and Strengthens Its Presence in Mining.
Central Puerto, Argentina's energy leader, increases its stake in AbraSilver to 9.9%, becoming its largest shareholder. This investment supports the Diablillos gold and silver project and reflects Central Puerto's strategy to diversify into mining, enhancing regional economic development.
Canadian Nexus Team Ventures Appoints Visionary President to Drive Strategic Energy Investment Growth
Canadian Nexus Team Ventures Corp. announces Ali Saheli as the new Director and President. He emphasizes innovation and strategic growth in energy and tech, backed by his entrepreneurial experience. The company also reveals a non-binding Letter of Intent (LOI) regarding future proposals.
Barksdale Completes Convertible Debenture Extension and Securites for Debt Transaction
Barksdale Resources Corp. has received approval to extend the maturity date of its convertible debentures to December 31, 2025, and reduce the conversion price to $0.12. Additionally, it issued units and warrants to creditors in exchange for the extension.
Jayden CFO Herrick Lau Retires
Jayden Resources Inc. announces the resignation of CFO Herrick Lau after 17 years, expressing gratitude for his service. The company is seeking a replacement while focusing on mining exploration in Canada, particularly the Storm Lake Gold Property and Wheatcroft Project.
KWG Resources Inc Announces Closing of First Tranche of Its Private Placement of Units
KWG Resources Inc. announced the closing of the first tranche of a private placement, raising $220,014 by issuing 211,552 units at $1.04 each. The offering is part of a plan to raise up to $5 million, with insider participation included in the placement.
Seahawk Gold Corp. Corporate Update
Seahawk Gold Corp. announced its acquisition of a North Dakota property through FlexGPU, following an unsuccessful attempt to change its business model. The deal involves issuing 2,000,000 shares worth $350,000. The company continues to seek new business opportunities.
Ivanhoe Electric Announces Closing of Public Offering and Exercise of Underwriter's Option
Ivanhoe Electric Inc. closed a public offering on February 14, 2025, raising approximately $69 million by selling 11.8 million Units at $5.85 each. Proceeds will fund the Santa Cruz Project feasibility study, land acquisition, and exploration activities.
Spark Energy Further Validates the Combined 21.5km Pegmatite Trend at Arapaima Lithium Project in Brazil
Spark Energy Minerals Inc. announced positive results from 16 additional samples at their Arapaima Lithium Project in Brazil's Lithium Valley, indicating potential economic lithium mineralization. The company is advancing exploration and preparing for drill testing in 2025.
ESGold Closes C$1.1 Million in Strategic Funding Through Warrant Exercises and Concurrent Flow-Through Private Placement
ESGold Corp. has raised C$1.1 million through a private placement and warrant exercises, showing strong shareholder support. The funds will be used for exploration initiatives at the Montauban Property in Quebec. The offering is set to close on February 21, 2025.
Lion One Announces Closing of Underwritten Public Offering and Sidecar Private Placement
Lion One Metals Limited announced the closure of a $10.81 million underwritten offering, issuing 31.8 million units at $0.34 each, including a private placement. Each unit consists of a common share and a warrant exercisable at $0.41 for 36 months.
Falcon Gold Corp, Engages Warrior Drilling at Its Great Burnt Copper - Gold Project
Falcon Gold Corp. has engaged Warrior Drilling for exploration at its Great Burnt Project in Newfoundland, aiming to accelerate operations in a promising area for copper and gold. An initial 10-hole drill program will target potential mineralization extensions.
GoldON Arranges Private Placement Financing
Official news release from GoldON Resources Ltd.
Appia Unveils Promising Drill Targets at Otherside Property, Mirroring Geophysical Traits of NexGen's "Arrow" and Paladin Energy's "Triple R" Deposits, Athabasca Basin, Saskatchewan, Canada
Appia Rare Earths & Uranium Corp. has identified multiple high-priority drill targets at its Otherside property in Saskatchewan, showing geophysical signatures similar to major uranium deposits. The 2025 exploration program will focus on refining these targets for potential discoveries.
Ivanhoe Mines to Issue Q4 and Full Year 2024 Financial Results After Market Close on February 19 and Host a Conference Call for Investors on February 20, 2025
Ivanhoe Mines will release its 2024 financial results on February 19, 2025, followed by a conference call on February 20 at 10:30 a.m. ET. The call will include a Q&A session. Financial statements will be available on their website and SEDAR.
Purepoint Refines High-Priority Targets and Prepares for Drilling at Smart Lake JV Project
Purepoint Uranium Group announced refined drill targets from recent EM surveys at the Smart Lake Joint Venture project, with drilling set for mid-March 2025. The surveys outlined three promising conductors in an underexplored area, building on past uranium findings.
K2 Gold Announces Non-Brokered Private Placement to Raise CAD $2 Million
K2 Gold Corporation announced a non-brokered private placement of up to 13.33 million units at CDN$0.15 each, aiming to raise up to CDN$2 million for exploration and permitting at the Mojave project, along with general working capital.
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