Mining Intelligence Articles & Market Analysis - Page 68
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Adyton Resources Closes Oversubscribed C$20 Million Financing Comprised of $14 Million Brokered Private Placement of Units and Concurrent $6 Million Non-brokered Private Placement of Units
Adyton Resources raised C$20M via a brokered and non-brokered private placement, issuing shares and warrants, to fund its operations and allow management and stakeholders to participate.
NexMetals Drills 16.25 Metres of 3.06% CuEq Including 5.28% CuEq over 6.45 Metres Increasing the Selebi North South Limb Plunge Extent by 35%
NexMetals reports successful drill results confirming high-grade copper-nickel extension at Selebi North, indicating potential for resource expansion and improved project economics.
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Forge Resources Announces Excellent Coal Quality Results and Further Extraction of Recently Encountered Coal Seam from La Estrella Project in Santander, Colombia
Forge Resources reports excellent lab results from its Colombian coal project, highlighting high calorific value, low sulphur, and suitability for thermal and coking coal markets.
Join the Nationwide Hunt to Discover Canada's Rich Mining Heritage, with a Chance to Strike $1M in Gold
Canada's "Great Canadian Treasure Hunt" offers a $1M gold prize and monthly $25K rewards, encouraging exploration of mining history through clues and riddles nationwide.
Pacific Empire Reports Re-Assay Results up to 1.57m @ 0.93% Cu & 1.06 g/t Au, Updates Exploration Plan and Launches LiDAR Survey at Trident Copper-Gold Project
Pacific Empire reports positive re-assay results from historic drilling at Trident, supporting potential high-grade copper-gold zones, and plans 2025 drilling with LiDAR support.
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Rise Gold Grants Stock Options
Rise Gold Corp. announced the granting of 1,142,410 stock options to its directors and officers at a price of US$0.10 per share, valid until March 25, 2030. The company is an exploration-stage mining firm focused on the historic Idaho-Maryland Gold Mine.
Talon Metals Makes Exceptional Massive Sulphide Discovery at Tamarack During Feasibility Study Drilling
Talon Metals Corp. announced a significant mineral discovery at the Tamarack Nickel-Copper-Cobalt Project, coinciding with an Executive Order to boost U.S. mineral production. The company reported an 8.25-meter intercept of high-grade massive sulphide, indicating strong nickel potential.
Tinka Announces Results of Annual and Special Meeting of Shareholders
Tinka Resources Limited held its AGM on March 26, 2025, with 43% shareholder representation. Key outcomes included fixing the board size to six, re-electing directors, ratifying the stock option plan, appointing auditors, and approving new control persons Nexa and Buenaventura.
Emperor Closes $1.2 Million Private Placement
Emperor Metals Inc. has completed a non-brokered private placement, issuing 8,184,834 units at $0.15 each for gross proceeds of $1,227,725, to fund exploration and general working capital. Securities are subject to a hold until August 2, 2025.
Dark Star Initiates Exploration Program and Announces Filing of Technical Report on Ghost Lake Property Located in the Central Mineral Belt of Newfoundland and Labrador
Dark Star Minerals Inc. has launched its first exploration program on the Ghost Lake claims in Newfoundland and Labrador, with a budget of $150,000. The program aims to assess mineral potential through rock and water sampling and an airborne survey.
Canuc Resources Corp. and Macdonald Mines Exploration Inc. Provide Time Sensitive and Critical Supplemental Information to Special Meeting Information Circular Regarding Proposed Acquisition Transaction
Canuc Resources Corporation and Macdonald Mines Exploration Inc. are updating shareholders on a special meeting scheduled for March 31, 2025, to approve a transaction involving Canuc acquiring Macdonald Mines. Additional details on the CFO's consulting agreement are also provided.
Colibri Announces Closing of Second and Final Tranche of Non-Brokered Private Placement
Colibri Resource Corporation has completed a second tranche of a non-brokered private placement, raising $146,500, totaling $286,900 from both tranches. The offering includes common shares and warrants, with finder’s fees paid to an eligible party.
Resource Centrix Announces Correction of Record and Trading Date for Subdivision of Shares
Resource Centrix Holdings Inc. corrected the record date for its ten-for-one share split to April 1, 2025, instead of March 31, 2025. Shareholders on record will receive one additional share per share held. No action is needed from shareholders for the split.
Mogotes Announces Closing to Acquire 100% of Argentina Land Package
Mogotes Metals Inc. has received TSXV approval for an agreement with Golden Arrow Resources to acquire a 100% interest in the Filo Sur project. The deal includes a $550,000 payment, issuance of shares, and a $450,000 investment in Golden Arrow. Additional shares will be issued based on future trading prices.
Colibri and Partner - Core Drilling Discovers High Grade Gold Mineralization 300 metres East of Main Zone - Returning 21.6 g/t Gold and 209 g/t Silver Over 3.0 metres at the El Pilar Gold-Silver Project
Colibri Resource Corporation announced assay results from three drill holes at the El Pilar Gold & Silver Project in Mexico, revealing high-grade mineralization that suggests potential for significant expansion. The company holds a 49% interest, partnering with Tocvan Ventures.
RT Minerals Corp. Commences Exploration Plans at Case Batholith Property
RT Minerals Corp. is launching its 2025 exploration program at the Case Batholith Property in Ontario, focusing on lithium and cesium mineralization. The program includes a high-resolution airborne magnetic survey to identify key exploration targets and enhance geological understanding.
Go Metals Sets Drill Targets at Monster Copper Project
Go Metals Corp. announces exploration plans for its high-grade copper Monster project in Yukon, including a 2,500 meter diamond drill program targeting three areas. The project shows significant copper and cobalt values and is fully permitted for exploration.
ESGold Corp. Announces Change of U.S. Trading Symbol to "ESAUF"
ESGold Corp. has changed its U.S. trading symbol from "SEKZF" to "ESAUF" on the OTCQB to align with its Canadian listing and enhance brand identity as it transitions to a gold and silver producer. The change requires no action from shareholders.
Transition Metals Hits Thick Layered Intrusion with Anomalous Mineralization at Saturday Night Project, Thunder Bay, Ontario
Transition Metals Corp. reports promising results from its 2025 drilling program at the Saturday Night Project in Ontario. Hole SN-25-02 revealed significant PGE and Cu mineralization, while SN-25-03 showed a thick rift-related intrusion, indicating strong potential for valuable mineral deposits.
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.
'Worst Crash Since Great Depression' Will Force Monetary Reset: Henrik Zeberg
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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.
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