Mining News Releases & Company Updates - Page 7
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Powermax Announces Non-Brokered Private Placement
Powermax Minerals plans a private placement raising up to $3M for exploration on REE projects in Canada, issuing units with shares and warrants; proceeds for work and working capital.

Granite Creek Obtains Securityholder Approval for Arrangement
Granite Creek securityholders approved Cascadia's acquisition, with 92% support; the deal is pending court approval and is expected to close around August 13, 2025.
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Bear Creek Mining Announces Drawdown of Funds Under 2025 Sandstorm Note, and Departure of SVP Business Development
Bear Creek Mining drew US$0.6M from a US$6.5M note, with US$4.2M drawn so far, for working capital. The note bears 7% interest, maturing in 2028. The company also announced leadership change.

K9 Gold Announces Private Placement of up to 4,000,000 Units for Proceeds of up to $400,000
K9 Gold plans a private placement of up to 4 million units at $0.10, with proceeds for exploration and working capital, pending TSX-V approval.

Greenheart Gold Announces Filing of NI 43-101 Technical Report for Tamakay Project
Greenheart Gold filed a NI 43-101 report on its Tamakay Gold Project in Guyana, detailing exploration data and project status, supporting its TSX Venture listing.
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Honey Badger Announces Summer Plans to Explore Exciting New Silver and Gold Targets at Plata
Honey Badger Silver begins exploration at Plata in Yukon, targeting high-grade silver and gold, aiming to extend promising zones and discover new mineralization, supported by a government grant.

Adyton Reports Update on Feni Island Gold-Copper Project Drilling
Adyton reports drilling progress at Feni Island, aiming to extend mineralization and explore untested zones; six holes drilled with promising mineralization observations.

Cassiar Gold Announces a Significant Increase to the Mineral Resource Estimate at the Taurus Deposit
Cassiar Gold reports a significant increase in mineral resources at Taurus Deposit, with over 2.3Moz of gold (indicated and inferred), based on extensive drilling and exploration.

Onyx Gold Reports Second Drill Turning at the Munro-Croesus Project; Welcomes Gold Fields as a Strategic Investor
Onyx Gold advances exploration at its Munro-Croesus Project with two rigs, focusing on the Argus North zone, while Gold Fields acquires 9.4% stake, boosting confidence and funding.

NexGen Announces Regulatory Approval of 2025 Site Program at Rook I Property
NexGen's 2025 Program in Saskatchewan includes infrastructure upgrades, camp expansion, and road improvements to support exploration, with a focus on local employment and safety.

GT Resources - Copper - Palladium - Platinum ("PGE") Project Updates
GT Resources reports progress on North Rock and LK copper-palladium projects, with exploration plans targeting high-grade mineralization and resource expansion in Canada and Finland.

Lake Victoria Gold Positioned to Benefit as Barrick Expands 2025 Drill Campaign
Lake Victoria Gold updates on exploration at Bulyanhulu, Tanzania, with plans for increased drilling, while focusing on advancing Tembo and Imwelo projects toward production in 2025-2026.

Argyle Announces Filing of 43-101 Technical Report on Saint Gabriel Silica Project
Argyle Resources will file an NI 43-101 report on its promising Saint-Gabriel Silica Project in Quebec, highlighting its extensive land, high silica content, and potential for future development.

Torex Gold Releases 2024 Responsible Gold Mining Report
Torex Gold's 2024 Responsible Mining Report highlights safety, sustainability, and community efforts, emphasizing responsible practices despite workplace tragedies.

Dark Star Announces Letter of Intent With Critical One Energy Inc. to Acquire 100% in Critical One's Cobra North Project and Khan West Project
Dark Star Minerals plans to acquire Critical One's licenses for uranium projects in Namibia's Erongo province, including Cobra North and Khan West, with exploration potential.

Silver Elephant Increases Previously Announced Non-Brokered Private Placement to $220,000
Silver Elephant proposes to raise $220K via private placement, issuing units with shares and warrants, with insiders subscribing for up to 600K units, subject to regulatory approvals.

Equinox Gold Provides Updated 2025 Gold Production and Cost Guidance, 2025 Full-year Pro Forma Guidance, Including Calibre Mining Assets, of 785,000 - 915,000 Ounces of Gold, Greenstone Mine Expecting Strong H2 2025
Equinox Gold updates 2025 guidance, expecting 785,000-915,000 oz gold, lower due to slower Greenstone ramp-up; full guidance excludes Calibre's Valentine and Los Filos.

Denarius Metals Announces Voting Results of the Annual General and Special Meeting of Shareholders Held Today
Denarius Metals held a shareholder meeting, approving directors, fixing the number of directors, and appointing KPMG as auditors, with strong overall support.

Bonterra Resources Announces Election Results of its 2025 Annual General Meeting
Bonterra's 2025 AGM approved director re-elections, auditor appointment, and equity plan; about 46% of shares voted. The company focuses on gold exploration in Quebec.

Azincourt Energy Completes Acquisition of an Option on the Harrier Uranium Project
Azincourt Energy completed agreements to acquire options on uranium claims in Labrador, clarifying transaction terms and share adjustment mechanisms.

GoldQuest Receives Environmental Terms of Reference for Flagship Romero Project in the Dominican Republic
GoldQuest receives environmental approval for its Romero gold-copper-silver project, advancing final EIA phase, with AECOM leading the process and aiming for responsible, modern mining.

Ivanhoe Mines Announces Restart of Underground Mining Operations on Western Side of Kakula Mine on June 7, 2025
Kakula Mine's water stabilized; dewatering begins Q3 2025. Production guidance revised to 370k–420k tonnes copper. Smelter start in Sept 2025; investor call June 12, 2025.

Decade Announces Non-Brokered Private Placement
Decade Resources plans to raise $287,500 via flow-through shares for projects in British Columbia, benefiting from Canadian mineral exploration tax credits, focusing on critical and battery-related minerals.

Awalé Announces Closing of Strategic Investment by Fortuna Mining
Awalé Resources raised $6M from Fortuna Mining, who acquired 15% of shares, to fund exploration in Côte d'Ivoire's Odienné Project, strengthening strategic partnership.

Rumble Resources Announces Acquisition of Interest in the WILMAC Copper-Gold Project in Southeastern British Columbia and Concurrent Financing
Rumble Resources can acquire 70% of the Wilmac Copper-Gold Project in BC via payments, exploration, and shares, aiming to develop copper-gold deposits.

S2 Announces Closing of Private Placement Financing
S2 Minerals closed a private placement raising $596K through units with shares and warrants, mainly for working capital; insiders participated, with proper exemptions.

Metalite Announces Appointment of New CFO
Metalite Resources appoints Kyle Appleby as CFO, bringing over 20 years of financial expertise to the company focused on mineral exploration.

Zephyr Announces Private Placement
Zephyr Minerals plans a private placement to raise $320,000 for working capital and project permitting, issuing units with shares and warrants, subject to TSX-V approval.

CaNickel Announces Shareholder Approval of All Resolutions at AGSM; to Delist from the TSXV on June 26, 2025
Shareholders approved delisting from TSXV, elected new directors, reappointed auditors, and passed other resolutions at CaNickel Mining's AGM.

E-Power Resources Inc. Announces Flow-Through and Hard Dollar Private Placements to Fund Summer Work Program
E-Power Resources plans private placements to raise up to $200,000 via flow-through and hard dollar offerings, issuing units with warrants to fund its projects.

Silver Elephant Early Warning Report
Silver Elephant sold 4 million Oracle shares, reducing its stake from 35.3% to 31.45%, to raise $100,000 for working capital, and may adjust holdings based on market conditions.

Silver Elephant Announces a $200,000 Non-Brokered Private Placement
Silver Elephant plans a $200K private placement of units with warrants, including insider participation, subject to regulatory approvals and holding periods.

Bayhorse Silver Confirms Strike Extensions 150 Meters (492ft) of Silver Mineralization at the Bayhorse Silver Mine, Oregon, USA. Plans Additional Underground Drilling Program to Extend New High Grade Drift Zone. Posts Baseline Permit Studies to Website
Bayhorse Silver reports mineralization extending 500m, with high-grade zones and planned drilling to explore the new "Drift Zone" near historic workings.

Argo's April 2025 Oil Production
Argo Gold's April 2025 oil production averaged 93.5 BOPD, generating $167,959 revenue and $95,374 cash flow; interest in Lloyd 2 increased to 23.077%.

Bravada Closes First Tranche of Previously Announced Financing
Bravada closes first private placement tranche raising $651,160 for Nevada gold/silver project and pre-feasibility study.
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