Mining News Releases & Company Updates - Page 69
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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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IMPACT Silver Intersects 597 g/t Silver over 2.77m and 1,460 g/t Silver over 0.55m on Kena Discovery at Guadalupe Mine
IMPACT Silver Corp. announces significant drill results from the Kena Vein South at its Guadalupe silver mine in Mexico, indicating further mineralization. New assays show promising silver and gold grades, with plans for continued exploration and mining development.
C3 Metals and Freeport Execute Earn-In Agreement for Up To US$75 Million on Bellas Gate Project, Jamaica
C3 Metals Inc. has entered into an Earn-In Agreement with Freeport-McMoRan for its Bellas Gate Project in Jamaica. Freeport can acquire up to 75% ownership by funding $75 million in exploration. C3 Metals will operate during the initial phase.
Sorrento Resources Announces Soil and Rock Sampling Results from Copper-Gold Lord Baron Project, Newfoundland
Sorrento Resources Ltd. announced assay results from its September 2024 soil sampling on the Lord Baron Property, revealing significant gold and copper anomalies. The findings suggest potential mineralization in a previously unexplored area near historic mines.
Thunder Mountain Gold Announces Executive Appointments to Strengthen Leadership Team
Thunder Mountain Gold, Inc. has appointed Ron Espell as COO and Rocky Chase as VP of Operations to enhance its leadership team for the South Mountain Project and other initiatives. Both bring extensive experience in mining, environmental management, and regulatory compliance.
Ximen Mining Corp Unravels Key Control on Gold Mineralization at Its 100% Owned Brett Epithermal Gold Project - Vernon BC
Ximen Mining Corp. updates on geological modeling at the Brett gold property, revealing significant synvolcanic faults that host gold mineralization. New 3D correlations of drill data show abrupt changes in volcaniclastic layers, enhancing understanding of fault architecture.
District Copper Provides Corporate Update
District Copper Corp. announced plans for an active field season in summer 2025 at its Copper Keg project in British Columbia, following property expansions. The exploration will focus on advanced surveys and mapping to understand its copper mineralization potential amidst rising commodity prices.
Aftermath Silver Reports More Surface High Grade Silver and Copper Results
Aftermath Silver Ltd. announced positive assay results from 23 holes in its Phase 2 diamond drill program at the Berenguela deposit in Peru. Highlights include significant silver, copper, and manganese intersections, supporting resource assessment and potential upgrades.
Glenstar Ventures Granted Permit to Conduct Drilling on Its 100% Owned Green Monster Property
Glenstar Ventures Inc. has received a permit to drill at the Green Monster Project in Nevada, covering three sites for mineral exploration. The project, located near Las Vegas, includes historical workings and potential for copper, zinc, silver, nickel, and cobalt.
Forum Energy Metals and Global Uranium Announce the commencement of camp construction and planned geophysical surveys at the Northwest Athabasca Project, Saskatchewan
Forum Energy Metals and Global Uranium are starting a combined ground EM and resistivity survey on the Spring Bay target in Saskatchewan, with geophysical work set to begin in March. A camp is being built to support the project, enhancing drill targeting strategies.
Emperor Metals Reports Impressive 2024 Assay Results, Unlocking Significant Gold Potential at Duquesne West
Emperor Metals Inc. reports positive results from its 2024 drilling program in Vancouver, with significant gold intercepts indicating potential for open-pit mining. The company has completed 100% of new drilling assays and 55% of total assays, highlighting expansions in mineralization.
Orestone Acquires Large Oxide Gold Stock-Work System in Salta Province, Argentina
Orestone Mining Corp. has signed an Option Agreement to acquire up to an 85% interest in the Francisca property in Argentina, targeting an oxide gold deposit. Geologic mapping reveals significant gold zones, and previous sampling has indicated promising gold values.
Kutcho Copper Discovers New Intrusive Target
Kutcho Copper Corp. announced a new intrusive target at its high-grade copper-zinc project in British Columbia, identified through advanced geophysical data. This discovery could lead to reassessing exploration strategies and understanding potential mineralization opportunities.
Conquest' Drill Testing of VerAI AI-generated Targets Identifies Potential VMS System at Its Belfast-TeckMag Project
Conquest Resources Limited has completed a 3,549 m drill program on the Belfast-TeckMag Project, identifying potential copper, zinc, and gold mineralization. The partnership with VerAI Discoveries enabled rapid exploration, revealing promising targets for future drilling.
Awalé Completes Geophysics and Commences Drilling at the 100%-Owned Fremen Target
Awalé Resources has completed a 50-km IP geophysics survey at its 100%-owned Fremen target, revealing chargeable anomalies aligned with a 3.5 km gold footprint. The company has launched a 2,000m drilling program to explore this potential further within the Odienné project.
Goldshore Provides Update on Winter Exploration Program
Goldshore Resources Inc. reports progress in its winter exploration program, completing 5,848 meters of diamond drilling and discovering altered diorite intrusions at Superion. Geochemical sampling and ground IP geophysics are enhancing data collection along the Kawa Trend.
Mogotes to Acquire 100% of Argentina Land Package
Mogotes Metals Inc. has amended an agreement with Golden Arrow Resources to acquire 100% of the Filo Sur project in Argentina for C$1 million and C$3.1 million in shares, including a 1.5% NSR. This strengthens Mogotes' position in a key copper exploration area.
Chakana Pivots to La Joya High-grade Silver Discovery and Proposes Share Consolidation
Chakana Copper Corp. plans to expand its exploration efforts in 2025, focusing on the La Joya high-grade silver discovery and the Mega-Gold porphyry target area, while relinquishing its interest in the Aija option. A proposed share consolidation is also initiated.
Solis Minerals Provides Updated on Exploration Activities at the Cinto Project in Peru
Solis Minerals Limited announced significant copper porphyry mineralization at the Cinto Project in Peru, with key findings including 23.4m at 0.88% Cu. The project, located near Toquepala mine, shows geological similarities and plans for drilling are set for 2025.
Apex Closes First Tranche of Financing
Apex Resources Inc. has closed the first tranche of a non-brokered financing, raising $190,000 by issuing 3.8 million units at $0.05 each. Each unit includes a warrant for additional shares at $0.10, expiring in two years. Further financing aims to raise up to $750,000.
Exploits Appoints Douglas Cater as New Chair of the Board of Directors and Establishes Opportunities Committee
Exploits Discovery Corp. has appointed Douglas Cater as Chair of its board of directors, citing his extensive experience in the mining industry. Cater, a professional geologist with over 40 years in exploration, will guide the company's strategic direction.
F3 Announces Exploration Programs at Broach and Minto Properties
F3 Uranium Corp has initiated geophysical exploration on its Broach and Minto Properties in British Columbia, utilizing ground EM techniques to identify conductive corridors for potential drilling. The aim is to enhance exploration effectiveness in these areas.
Defiance Silver Closes Second Tranche of Private Placement
Defiance Silver Corp. has closed a second tranche of its non-brokered private placement, issuing 7,803,000 units for C$1,560,600. The total from all tranches is expected to reach C$3,300,000, with proceeds for exploration and working capital.
NorthX Nickel Announces Closing of Non-Brokered Subscription Receipt Financing and Provides Update on Corporate Matters
NorthX Nickel Corp. has closed a non-brokered private placement, raising $1.3 million by issuing 26 million subscription receipts at $0.05 each. These receipts will convert to units upon meeting certain conditions related to an asset acquisition by Magna Mining.
Infinitum Announces Resignation of Director
Infinitum Copper Corp. announces the resignation of director Marco Roque, thanking him for his contributions. The company is focused on its La Adelita project in Mexico, holding an 80% interest, and is exploring the Hot Breccia project in Arizona.
Azincourt Energy Announces Marketing Services Agreements
Azincourt Energy Corp. has signed a marketing service agreement with Native Ads for up to $150,000 to launch a digital media campaign over 24 months, focusing on click costs and content distribution. They also have a 6-month consulting agreement with Plutus for European market strategies.
Kuya Silver Announces Issuance of Equity Awards
Kuya Silver Corporation announces a grant of 500,000 RSUs and 1,335,000 stock options to directors, officers, and employees under its equity incentive plan. The options are exercisable until February 2030 at $0.315 each, with a hold period until June 2025.
Element 29 Resources Engages Torrey Hills Capital
Element 29 Resources Inc. has engaged Torrey Hills Capital to enhance its market presence in the U.S. for $8,000/month over three months. The company also granted stock options, deferred share units, and restricted share units to its directors and employees.
Capitan Silver Announces Revision of Warrant Terms in Respect of Its Previously Announced Offering
Capitan Silver Corp. revised its warrant Acceleration Right for a private placement of up to 13,250,000 units at C$0.40 each, potentially raising C$5.3 million. The exercise price for warrants is C$0.50, with an expiry acceleration option under specific conditions.
York Harbour Appoints Joseph Cullen to the Board
YORK HARBOUR METALS INC. has appointed Joseph Cullen to its Board of Directors following Leo Power's resignation. Cullen brings over nine years of experience in public markets and corporate finance. The company focuses on mineral exploration in Newfoundland.
Pacific Bay Announces New CFO
Pacific Bay Minerals Ltd. announces the appointment of Philip Ellard as the new CFO, replacing Leanora Brett, who will remain as Corporate Secretary. The company is also awaiting TSX Venture Exchange approval for its acquisition of the Pereira-Velho Gold Project in Brazil.
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