Mining News Releases & Company Updates - Page 72
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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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Vortex Metals Provides Exploration and Geophysics Update
Vortex Metals Inc. has completed Phase 1 exploration at the Illapel Copper Project in Chile, drilling eight holes totaling 2,025 m. Initial findings show lower-grade mineralization, with promising intercepts indicating potential high-grade copper-silver deposits. Further drilling and geophysical studies are planned.
Heliostar Announces New Chief Financial Officer
Heliostar Metals Ltd. has appointed Vitalina Lyssoun as CFO, effective March 3, 2025. With over 16 years in finance, she joins from Gatos Silver Inc. and will oversee financial operations as the company strives to grow into a mid-tier gold producer.
Copper Fox Announces $1,500,000 Non-Brokered Private Placement
Copper Fox Metals Inc. plans to raise up to $1.5 million through a non-brokered private placement, offering units at $0.205 each. Units include one common share and half a warrant, with specific exercise terms and conditions based on share price performance.
American Eagle Gold Announces Plans for 2025 Exploration at NAK
American Eagle Gold Corp. announces a 2025 exploration program for the NAK copper-gold project, planning a 30,000-meter drill campaign to target mineralized zones. With a budget of $12-15 million and strong financial backing, the focus is on expanding near-surface mineralization.
Urbana Corporation Announces Winter Drilling Program Adjacent to Moss Target at Phoenix JV
Bonterra Resources congratulates Urbana Corporation on its winter drill program near the Moss target, highlighting the area's gold potential and recent discoveries. Bonterra emphasizes the underexplored nature of the region, which has significant gold deposits.
Dryden Gold Commences 2025 Drill Campaign at Gold Rock Camp and Provides Update on Relogging Program
Dryden Gold Corp. announces the start of its 2025 Drill Campaign, targeting 1,200 meters at Gold Rock beginning February 10. The phased approach aims to deepen exploration of the Elora target, with ongoing updates and geological modeling planned throughout the year.
Group Eleven Intersects 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu, incl. 3.5m of 21.3% Zn+Pb, 395 g/t Ag and 0.73% Cu at Ballywire; Silver and Copper Values Continue to Impress
Group Eleven Resources Corp. reports positive drilling results from its Ballywire zinc-lead-silver project in Ireland, confirming a significant extension of a high-grade massive sulphide zone over 360m. Drilling continues, with results anticipated soon.
Kodiak Regional Exploration Results Highlight Further Targets at MPD Copper-Gold Project
Kodiak Copper Corp. reports positive results from its 2024 exploration program at the MPD copper-gold project, indicating significant mineralization potential in the Dillard East and Star areas. The findings include promising soil and rock samples and extensive drilling data.
Provenance Gold Engages Drilling Contractor for March Drill Mobilization and Commences Drone-Based Airborne Magnetic Survey at its Eldorado Property
Provenance Gold Corp. has engaged Boart Longyear as its drilling contractor for the Eldorado project, with drilling set to start in March. Additionally, an airborne magnetic survey by Zonge International will begin in February to refine mineral exploration targets at the site.
Benz Commences Maiden Drill Program at Glenburgh
Benz Mining Corp. is initiating its maiden drill program at the Glenburgh Gold Project, aiming to explore high-grade gold extensions. Drilling will start soon and continue through February and March 2025, with an updated resource estimate expected in H2 2025.
Black Swan Graphene Announces Share Consolidation and Concurrent $6M Equity Financing to Power Capacity Expansion and Commercial Growth
Black Swan Graphene Inc. announces a non-brokered private placement of units to raise $6 million at $0.50 per unit, following a share consolidation. Proceeds will fund equipment acquisition, staff hiring, and expansion efforts, enhancing production capacity and market presence.
BluMetric Announces Wastewater Treatment System for Caribbean Private Island Development and New Lease to Expand U.S. Manufacturing
BluMetric Environmental Inc. has secured a CA$1.2 million contract for an MBR wastewater treatment system for a private island in the Bahamas, following a previous SWRO system contract. They also leased a larger manufacturing facility in Florida to enhance production capacity.
Dakota Gold Announces Date for Webcast Conference Call to Review the New Resource for Richmond Hill
Dakota Gold Corp. will release the S-K 1300 Initial Assessment for the Richmond Hill Gold Project on February 6, 2025. A management webcast to discuss the report will occur on February 7. The company focuses on advancing gold projects in South Dakota.
Magna Mining Announces up to $25 Million Private Placement
Magna Mining Inc. has announced a private placement offering of up to C$15 million in unsecured convertible debentures and C$10 million in common shares, aiming to fund its Sudbury projects and general corporate needs, with a 10% interest rate on debentures.
Capitan Silver Increases Previously Announced Non-Brokered Private Placement to Up To C$5.3 Million
Capitan Silver Corp. plans to increase its private placement financing to 13.25 million units at C$0.40 each, aiming for up to C$5.3 million to fund exploration at the Cruz de Plata Project and other corporate expenses. The offering requires regulatory approvals.
iMetal Resources Announces Option Grant
iMetal Resources Inc. has granted 700,000 stock options to its directors, officers, and consultants, exercisable at $0.21 until February 2025. The company, focused on resource exploration in Ontario and Quebec, highlights its flagship gold project, Gowganda West.
International Lithium Announces Private Placement
International Lithium Corp. is launching a non-brokered private placement of up to 40 million shares at CAD $0.015 each to raise up to $600,000 for working capital. The offering awaits TSX Venture Exchange approval and involves insider participation, exempting it from certain regulations.
Medaro Mining Announces Shares for Debt Settlement
Medaro Mining Corp. has agreed to a debt conversion deal to settle $297,682 owed to creditors by issuing 3,166,826 common shares at $0.094 each. This aims to improve its financial position without creating a new control person, pending CSE approval.
Equinox Gold to Announce 2024 Financial and Operating Results and 2025 Guidance on February 19, 2025
Equinox Gold Corp. will release its Q4 and fiscal year 2024 financial results on February 19, 2025, and hold a conference call on February 20 at 7:30 am PT to discuss the results. The webcast will be available until August 20, 2025.
Max Resource Extends Expiry Date and Amends Price on Share Purchase Warrants
Max Resource Corp. announced an amendment to 14,825,000 share purchase warrants, extending their expiry from March 28, 2025, to March 28, 2026, and reducing the exercise price to $0.31. The changes require TSX Venture Exchange approval. The company also highlighted its Sierra Azul and Florália DSO projects.
Argo's December 2024 Oil Production
Argo Gold Inc. reported December 2024 oil production of 3,321 barrels (107 bbl/day), generating $238,223 in revenue and $154,781 in net cash flow. January production increased to 3,554 barrels (115 bbl/day). The company specializes in mineral exploration and oil production.
Military Metals Appoints DGWA as European Financial Markets Advisor
Military Metals Corp. has appointed DGWA GmbH as its European financial advisor to enhance its Trojárová antimony-gold property in Slovakia. The partnership aims to leverage EU funding for critical minerals amid rising antimony prices and demand from the defense sector.
MineHub Strengthens Metals Supply Chains with Digital Solutions amid Evolving Trade Policies and Tariff Situations
MineHub Technologies provides a digital platform to help metals and mining companies manage supply chain disruptions caused by evolving trade policies and tariffs. Their solutions enhance transparency, collaboration, and risk management, allowing companies to adapt and maintain competitiveness amidst uncertainties.
Riverside Resources and Fortuna Mining Progress with Phase 2 Exploration Program After Positive Drill Results from Q4 2024 Cecilia Drill Program Sonora, Mexico
Riverside Resources Inc. has announced progress in exploration at the Cecilia Gold Project in Mexico after a successful Q4 2024 drilling program in partnership with Fortuna Mining. The program aimed to assess geological targets and showed favorable gold mineralization indicators, setting the stage for further exploration in 2025.
T2 Metals Reports High Grade Copper in Drill Results at the Sherridon VMS Project, Manitoba
T2 Metals Corp. reports significant assay results from their Q4 2024 drill program at the Sherridon VMS Project in Manitoba, highlighting high-grade polymetallic intersections, including a notable 6.62 m section with 2.1% Cu and 2.4% Zn.
CanAlaska Announces Best Uranium Intersection to Date at West McArthur's Pike Zone
CanAlaska Uranium Ltd. reports a significant uranium intersection of 14.5 metres at 12.20% eU3O8 from its winter drill program at the Pike Zone, expanding the high-grade footprint and indicating further potential for discovery in the West McArthur Joint Venture Project.
Eminent's Remaining Assays from First Completed Drill Hole Hits up to 8 g/t Gold in Getchell Trend Analogue
Eminent Gold Corp. announced the results of core assays from its first drill hole (HSC002) at the Hot Springs Range Project in Nevada, revealing significant gold and arsenic intercepts. The company is also progressing on its second drill hole (HSC003).
Altamira Gold Trenches 17m @ 1.5g/t Gold 200 metres South of the Cajueiro Central Mineral Resource Block on Extension of Central Resource Mineralization
Altamira Gold Corp. announces successful trenching results for metallurgical sample collection at the Cajueiro Central Project, confirming high-grade gold intercepts and identifying extensions to mineralization beyond the current resource limits, indicating potential for significant resource additions.
Anteros Secures Knob Lake Property Mineral Tenure to 2030
Anteros Metals Inc. has filed a successful NI 43-101 Technical Report for the Knob Lake Property in Newfoundland and Labrador, securing mineral tenure until 2030. The property has high-grade iron and manganese deposits, is well-located near infrastructure, and has favorable exploration conditions.
Gold Hunter Resources Announces a $1.2M Private Placement
Gold Hunter Resources Inc. is conducting a non-brokered private placement to raise up to $1.2 million to support its gold project in Newfoundland. Key investor Eric Sprott is participating. Funds will be used for marketing and exploration activities.
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