Mining Intelligence Articles & Market Analysis - Page 69
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Argyle Announces Renewal with Euro Digital Media
Argyle Resources extends a marketing deal with Euro Digital Media for one month, paying $500K, to promote its mineral exploration projects in North America.
Vizsla Royalties Announces Completion of Payment of Acquisition and Amendment to Compensation Plan
Vizsla Royalties completes a royalty acquisition in Mexico and amends its equity plan, doubling potential issuances, and grants stock options and RSUs to align staff with growth.
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ONGold Announces Filing of NI 43-101 Technical Report for the Monument Bay Gold Project and Provides Corporate Update
ONGold filed a NI 43-101 technical report on Monument Bay Gold Project, detailing historical mineral resources, extensive drilling, and exploration potential in Manitoba.
District Files NI 43-101 Technical Report for the Viken Deposit Mineral Resource Estimate in Sweden
District Metals filed a NI 43-101 report updating mineral resources at its Viken Project in Sweden, highlighting indicated and inferred resources for various minerals.
Kenorland Closes Atlantic Project Acquisition and Receives Notice of Exercise of Top-Up Right from Sumitomo and Centerra
Kenorland Minerals acquired 31,052 hectares of mineral claims in New Brunswick's Atlantic Project, enhancing its exploration portfolio for gold, polymetallic deposits, and other minerals.
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Kuya Silver Announces Non-Brokered Private Placement
Kuya Silver Corporation plans to raise up to CAD$2.5 million through a non-brokered private placement of 10 million common shares at CAD$0.25 each. Insider participation will occur under exemptions from certain regulatory requirements, with proceeds for working capital.
Pasofino Gold Provides Update to Its March 5, 2025 Press Release
Pasofino Gold Limited has informed shareholders that it provided an undertaking to the Ontario Securities Commission regarding its shareholder rights plan, prohibiting the exercise of rights until March 31, 2025, or until revoked by the OSC.
Minnova Provides Corporate Update
Minnova Corp. has dissolved its subsidiary, Minnova Renewable Energy Ltd., to focus solely on developing its PL Gold Mine in Manitoba. The company abandoned negotiations to acquire DUMA Engineering shares and is unable to pursue legal action for a prior investment.
Canuc Announces Terms of a Private Placement Financing
Canuc Resources Corporation announces a non-brokered private placement financing as part of its agreement to acquire MacDonald Mines Exploration Inc. The financing aims to raise at least $500,000 CAD by issuing units priced at $0.10, to fund the acquisition and development projects.
Boreal Gold Announces Private Placement for $1,402,000
Boreal Gold Inc plans to raise $1,402,000 through a non-brokered private placement of 3,340,000 Flow-Through Shares and 2,000,000 Units. The funds will support general working capital and projects at the Fay Lake and Melgurd Lake properties, pending regulatory approvals.
E-Power Samples 29% Cg on the Tetepisca Flake Graphite Property
E-Power Resources Inc. announced promising results from its 2024 exploration of the Tetepisca graphite property in Québec, revealing a high-grade graphite sample. The findings highlight potential for significant graphite deposits, crucial for North America's industrial and defense needs amid global supply constraints. The exploration identified five target areas for further investigation in 2025.
Besra Gold Announces Shareholder Special Meeting
Besra Gold Inc. has announced a special shareholder meeting to vote on removing Dato Lim Khong Soon as a director. The meeting is scheduled for May 8-9, 2025, with record dates for notices and voting on March 26, 2025.
Dryden Gold Corp. Announces Grant of Stock Options and Marketing Agreements
Dryden Gold Corp. has granted 2.9 million stock options at $0.12 per share to various stakeholders. The company has also engaged Bunt Capital for marketing services, paying $15,000/month for six months, with additional stock options included in the agreement.
Golden Goliath Reduces Number of REE Projects
Golden Goliath Resources Ltd. has dropped its option on the Ernest REE project in Quebec but retains three other 100% owned REE properties in the region. The company is conducting exploration activities, including surveys and mapping, on these properties.
Blackrock Silver Engages ICP Securities for Automated Market Making Services
Blackrock Silver Corp. has engaged ICP Securities Inc. for automated market making services, paying C$7,500 monthly for an initial four-month term. The agreement aims to balance supply and demand for shares, with no current interest in the company from ICP.
Nine Mile Metals Maintains Wedge Project Option with Second Anniversary Payments
NINE MILE METALS LTD. announced its second anniversary payment for the Wedge Project, including a $9,000 cash payment and 200,000 shares to Slam Exploration Ltd. The Wedge VMS Project, covering 35.83 km², has prioritized targets for an upcoming drill program.
Silver Bullet Mines Provides Update at Super Champ in Arizona and Assays up to 405.4 oz / T Silver
Silver Bullet Mines Corp. reports rapid progress at the Super Champ Mine in Arizona, with significant potential for gold/silver production. CEO John Carter highlights advancements in mining efforts, promising silver grades, and the development of a new adit to access deeper mineralization.
Pasofino Gold Announces Resignation of Directors and Provides Update on Actions Taken by Nioko Resources Corporation
Pasofino Gold Limited announces the resignation of board members Dan Betts and Tom Hill, thanks them for their service, and informs that Nioko Resources' acquisition of Hummingbird Resources triggered the Royalty Holder's right to potentially terminate a royalty agreement.
Golden Rapture Mining Closes Non-Brokered Private Placement
Golden Rapture Mining Corporation announced the successful closing of a $560,000 oversubscribed private placement, selling 11.2 million units to fund exploration and operations. Participants included various financial firms, and a finders fee may be applicable.
Argyle Resources Corp. Announces Filing of 22 Mineral Lode Claims Near Bovill, Idaho
Argyle Resources Corp. announces the filing of 22 mineral lode claims for the Bovill Silica Project near Bovill, Idaho, in collaboration with Rangefront Mining Services. The claims, located in a silica-rich area, include a historic feldspar quarry, enhancing their potential.
Argyle Announces Renewal with Euro Digital Media
Argyle Resources Corp. has extended its marketing agreement with Euro Digital Media Ltd. for two months, paying USD $500,000 for services that include online advertising and campaign management. Argyle is a junior mineral exploration company focused on natural resources in North America.
Mayo Lake Minerals' 2025 Spring-Summer Exploration Plans
Mayo Lake Minerals Inc. announces a private placement and updates on its exploration plans for four properties in the Tombstone Gold Belt, Yukon. Initial satellite surveys will precede summer ground programs aimed at making the properties attractive for joint ventures.
ESGold Reports over 90.9% Gold Recovery Using Dundee Sustainable Technologies Non-Cyanide CLEVR Process(TM) on Montauban Project Stockpiled Tailings
ESGold Corp. reported successful metallurgical tests of the CLEVR Process™, a non-cyanide gold recovery method, on tailings from the Montauban Project. The tests achieved over 90.9% gold recovery and indicated strong silver potential, with further studies needed for economic viability.
Besra Gold Inc. Releases: 31 December 2024 Half Year Results
Besra Gold Inc announced its 31 December 2024 half-year results on 4 March 2024, releasing the information to the Australian Securities Exchange. The company focuses on gold exploration in the Bau Goldfield, East Malaysia.
Nicola Mining and High Range Exploration Receive Draft Permit for High Grade Dominion Creek Mineral Project
Nicola Mining Inc. has received a draft bulk sample permit for its Dominion Creek Mineral Project, allowing the extraction of 10,000 tonnes of gold and silver ore. The project is a collaboration with High Range Exploration Ltd., with extraction planned for July 2025.
RT Minerals Corp. Highlights Growing Interest in the Case Batholith Region amid Increased Global Investments
RT Minerals Corp. emphasizes the growing exploration in the Case Batholith region of Ontario, attracting major mining investments for lithium, cesium, and rare earth elements. Positioned strategically near key players, RTM aims to leverage the rising demand for critical minerals.
Homerun Resources Inc. Closing of Halocell Europe Acquisition
Homerun Resources Inc. has completed the acquisition of Halocell Europe SRL from Halocell Energy, involving 1.1 million common shares and AU$600,000 investment. The company has granted stock options and announced the exercise of warrants under previous financing.
US Critical Metals Announces Extension of Closing Date and Amended Terms of Non-Brokered Private Placement of Units
US Critical Metals Corp. announces an extension and amendment of its non-brokered private placement offering, allowing for up to C$1.3 million in gross proceeds via units priced at C$0.05 each. The closing date is extended to March 31, 2025, for exploration funding.
African Energy Metals Files NI-43-101 Report on Ninobamba
African Energy Metals Inc. announced the acceptance of its technical report on the Niñobamba silver-gold project by TSXV, marking its reactivation from NEX to Tier 2. The report, effective January 21, 2025, is part of an agreement to acquire the project in Peru.
RETRANSMISSION: Manganese X Energy Corp. Announces Conversion of Subscription Receipts from $2.1 Million Private Placement, Including Investment from New Control Person Eric Sprott
Manganese X Energy Corp. announced the successful closing of a $2.1 million offering, converting 60 million subscription receipts into units after meeting escrow release conditions. This includes shareholder approval for Eric Sprott's control over the company.
Multi-Hole Drill Program Now Underway on "Case Lake West Cesium and Spodumene Pegmatite Project" in Ontario Bordering Power Metals Corp.'s Cesium Deposit
Sienna Resources Inc. has launched a drill program at its 100% owned Case Lake West Cesium and Spodumene Pegmatite Project in Ontario, aiming to explore its high-grade cesium, lithium, and tantalum potential, which is strategically important for future technologies.
PDAC and the 100-Bagger Process: Junior Mining Insights with Bill Powers & Brian Leni
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Manganese X Energy Corp. Announces Conversion of Subscription Receipts from $2.1 Million Private Placement, Including Investment from New Control Person Eric Sprott
Manganese X Energy Corp. announced the successful closing of a $2.1 million offering, resulting in the conversion of 60 million subscription receipts into units and the release of escrowed funds. The offering included shares and warrants, with Eric Sprott as a control person.
Silicon Metals Corp. Announces Appointment of Director and Chief Operating Officer
Silicon Metals Corp. has appointed Raymond Wladichuk as a board member and COO. With over 15 years in the natural resource sector, he brings extensive expertise in exploration and silica. His appointment is expected to enhance the company's future opportunities.
Silver47 Closes First Tranche of Non-brokered Private Placement
Silver47 Exploration Corp. closed the first tranche of a non-brokered private placement, raising $3,985,839 by issuing units and flow-through units. Proceeds will fund exploration at the Red Mountain Project and general working capital, with FT Units dedicated to eligible Canadian exploration expenses.
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