Mining News Releases & Company Updates - Page 71
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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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TVI Pacific Announces Appointment of Successor Auditor
TVI Pacific Inc. has appointed Davidson & Company LLC as its new auditor, replacing PricewaterhouseCoopers LLC, which resigned. The board and audit committee approved the change, and shareholder ratification will be sought at the next annual meeting.
Southern Silver Increases Non-Brokered Private Placement
Southern Silver Exploration Corp. has increased its non-brokered private placement from $2.52 million to $3 million due to heightened interest. The funds will support the Cerro Las Minitas project in Mexico and general corporate needs, pending regulatory approvals.
Tower Encounters a New Style of Gold Mineralization with High-Grade Silver in Hole 058 at Rabbit North, Adding to the Exceptional Au Results from Holes 055 and 056
Tower Resources Ltd. announced positive assay results from its October 2024 drilling program at the Rabbit North property, revealing new gold and high-grade silver mineralization in Hole RN24-058, which includes significant intersections of galena and other metals.
CopperEx Announces Private Placement
CopperEx Resources Corp. is conducting a private placement to raise C$1.5 million by selling up to 26.67 million units at $0.05625 each. Proceeds will fund exploration in Chile and Peru. The offering includes related party transactions and requires TSX approval.
Copper Fox Announces Non-Brokered Private Placement Has Been Fully Subscribed
Copper Fox Metals Inc. has successfully completed a non-brokered private placement, raising $1.5 million by issuing 7,317,073 units at $0.205 each. The funds will support exploration and development projects and general corporate needs.
Lion One Announces $2 Million Sidecar Private Placement
Lion One Metals Limited plans a non-brokered private placement of up to 5.88 million units at $0.34 each, aiming to raise $2 million, subject to TSX-V approval. Proceeds will fund development in Fiji and corporate needs, with potential related party transactions involved.
Lion Rock Closes $2.16M Financing
Lion Rock Resources Inc. closed a non-brokered private placement of 21.6 million units at $0.10 each, raising $2.16 million. Funds will support the Volney Lithium Project and general working capital. Units include common shares and warrants, subject to trading restrictions.
Signature Resources Drilling Continues to Highlight a Larger Halo of Near Surface Gold Mineralization Highlighted by a New Drill Intercept of 47 Metres with an Average Grade of 2.43 g/t Gold from LM 24-07
Signature Resources Ltd. announced positive assay results from two drill holes in their 2024 program, confirming expanded near-surface gold mineralization using AI modeling. The results support the potential for a starter pit at the Lingman Lake Gold deposit, with further assays pending.
TriStar Announces First Tranche of $1.5 Million Non-Brokered Private Placement
TriStar Gold Inc. has completed the first tranche of a private placement, selling 7,019,777 shares at C$0.13 each for C$912,571. Proceeds will fund operations and the Castelo de Sonhos project. Insiders participated, qualifying as a related party transaction.
![MINERALRITE Corporation [Symbol: RITE] Announces Definitive Agreement Acquiring Subsidiaries Holding $432 Million in Audited Asset Value and Potential Sizable Additional Mineral Reserves Based on Previously Issued, Publicly Disclosed, Historical Reserve Reports](https://miningstocksnews-media.s3.amazonaws.com/media/articles/mineralrite-corp_mineralrite-corporation-symbol-rite-announces-definitive-agree_tt3TUDO.jpg)
MINERALRITE Corporation [Symbol: RITE] Announces Definitive Agreement Acquiring Subsidiaries Holding $432 Million in Audited Asset Value and Potential Sizable Additional Mineral Reserves Based on Previously Issued, Publicly Disclosed, Historical Reserve Reports
MINERALRITETM Corporation has finalized an agreement to acquire two subsidiaries holding four mineral assets formerly owned by NMC, Inc. The $432 million deal involves issuing shares and warrants, while RITE's stock value is expected to rise significantly post-transaction.
Dakota Gold Reports Significant Heap Leachable Gold at Richmond Hill Totaling 3.65 Million Ounces of Measured and Indicated Mineral Resources
Dakota Gold Corp. announced a robust heap leachable resource at its Richmond Hill Gold Project in South Dakota, totaling 3.65 million ounces of measured and indicated resources, with further drilling planned to expand this resource and inform a cash flow assessment by mid-2025.
Green River Gold Corp. Requests Management Cease Trade Order to Allow for Finalization of Pending Annual Financial Statements and Management's Discussion and Analysis
Green River Gold Corp. has requested a temporary Management Cease Trade Order from the Alberta Securities Commission due to delays in filing its audited financial statements for the year ended September 30, 2024, caused by business complexity and CEO health issues.
Southern Silver Options Nazas Property, Mexico
Southern Silver Exploration Corp. has signed a letter agreement to acquire the Nazas exploration project in Durango, Mexico. The agreement allows the company to earn a 100% interest by making cash payments and completing drilling, with specific royalty terms outlined.
KWG Resources Inc Announces Proposed Private Placement of Units
KWG Resources Inc. announces a proposed private placement of up to 4.8 million units at $1.04 each, aiming to raise $5 million for mineral exploration and operational costs. Only accredited investors may participate, and securities will have a four-month hold period.
Magna Mining Announces Upsize to Previously Announced Private Placement
Magna Mining Inc. is increasing its private placement of unsecured convertible debentures from C$15 million to C$22 million, alongside a common share offering. The funds will support Sudbury projects and general corporate needs, with closure expected by February 27, 2025.
Minera Alamos Announces Closing of Sabre Gold Acquisition
Minera Alamos has acquired Sabre Gold Mines and its Copperstone gold project, enhancing its North American production capabilities. The acquisition allows for a quick restart of the Copperstone mine, which has significant resources and is well-positioned for strong gold prices.
Lavras Announces Closing of C$15 Million Public Offering
Lavras Gold Corp. has completed a public offering, issuing 6,819,500 common shares at C$2.20 each, raising C$15,002,900. The offering included an over-allotment option, and shares were sold in Canada and through a private placement in the U.S. and offshore.
Altiplano Acquires Mineral Properties Expanding Exploration Potential
Altiplano Metals Inc. has acquired two mineral concessions, Socorro III and Regalo, expanding its land package by 229 hectares near the El Peñón processing plant. This acquisition enhances exploration potential in the Tambillos IOCG district, with plans for a geological program to assess mineralization.
Wealth Minerals Acquires the Pabellon Lithium Project
Wealth Minerals Ltd. has signed a non-binding Letter of Intent to acquire a 100% royalty-free interest in the Pabellón Lithium Project in Chile, which consists of 26 exploration licenses. The project is near a geothermal power plant and aims to establish lithium extraction.
Barksdale Announces Ceo Transition
Barksdale Resources Corp. announces the resignation of CEO Rick Trotman and the appointment of William Wulftange as interim CEO. Wulftange, an experienced geologist, will focus on advancing the Sunnyside Project while the search for a permanent CEO begins.
QIMC Provides St-Bruno-de-Guigues Natural Clean Hydrogen Project Update and Announces Strategic Work Program with QMET for the Matane Natural Hydrogen Project
Québec Innovative Materials Corp. and Q Precious & Battery Metals Corp. are launching a strategic program to explore the Matane Natural Hydrogen Project in Québec, focusing on advanced drilling and geological analysis to assess hydrogen concentrations and formations.
Zodiac Gold Announces New $1M Financing, and Amends Previously Announced Debt Settlement
Zodiac Gold Inc. has closed a private placement raising approximately C$123,000 and is initiating a new offering to raise up to C$1,000,000 at C$0.07 per unit. The company plans to amend share purchase warrants and will use proceeds for exploration and working capital.
Decade 2025 Plans for Nobody Knows Claim
Decade Resources Ltd plans an extensive exploration program on the Nobody Knows claim, part of a 59-claim project in British Columbia. The focus is on copper-silver and gold-rich areas, with promising assay results indicating significant mineralization in the region.
ESGold Launches First Ever Systematic Exploration of Montauban's District-Scale VMS Deposit
ESGold Corp. has launched a systematic Ambient Noise Tomography (ANT) survey over 10 km² of its Montauban Project to create a 3D model of its VMS deposit. This marks a significant geological investigation aimed at enhancing exploration and uncovering resource potential.
Kutcho Copper Enhances and Defines New VMS Drill Targets
Kutcho Copper Corp. is enhancing its 2025 exploration program for its high-grade copper-zinc project in British Columbia by utilizing advanced geophysical data to identify new drill targets, particularly at the promising Esso West site.
Nexa Achieves 2024 Production and Costs Guidance, Exceeds Copper Production, and Provides 2025-2027 Outlook
Nexa Resources S.A. reports operational results for 2024, achieving production targets in zinc, lead, and silver, with copper exceeding expectations. The company provides guidance for 2025-2027 on production, costs, and expenditures, with final figures due February 20, 2025.
Andean Precious Metals Signs Exclusive Agreement to Purchase up to 250,000 Tonnes of Oxide Material from COMIBOL in Bolivia
Andean Precious Metals Corp. has signed a Sale and Purchase Agreement with Bolivia's state mining company, COMIBOL, to acquire up to 250,000 dry tonnes of oxide material over 25 months, for $3 million, with quality controls and shared delivery responsibilities.
Great Pacific Gold Provides Drilling Update at Hampore Target at Kesar and Commences Project-Wide Airborne Magnetics Survey
Great Pacific Gold Corp. has begun drilling at the Hampore target within the Kesar Project in Papua New Guinea, aiming to explore high-grade gold outcrops. A MobileMT geophysical survey is also underway to refine future drilling targets based on geological mapping.
Sokoman Provides Western Trend Update, Moosehead Gold Project, Central Newfoundland
Sokoman Minerals Corp. reports continued high-grade gold results from the Western Trend at its Moosehead Project, with notable assay results. Drilling has resumed to expand mineralization, with plans for a bulk sample expected in early 2025.
Atomic Minerals Corp. Announces Listing on the Frankfurt Stock Exchange Under the Symbol DO80
Atomic Minerals Corporation announces its shares are now listed on the Frankfurt Stock Exchange under "DO80," enhancing visibility to European investors, especially in Germany. This aims to increase trading liquidity and access as the company advances uranium projects.
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