Mining News Releases & Company Updates - Page 73
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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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West Point Gold to Present at the Kinvestor Mining & Energy Virtual Conference 2025
West Point Gold Corp. CEO Quentin Mai will present at the Kinvestor Mining & Energy Conference 2025 on February 12, 2025. The conference focuses on the evolving mining and energy sectors, addressing global challenges and opportunities. Registration is free.

CopperCorp Provides Summer Field Program Update at Razorback
CopperCorp Resources Inc. is updating on exploration at its Razorback Copper-Gold-REE property in Tasmania, with upcoming gravity and induced polarization surveys aimed at enhancing mineralization targets. Rock sampling is ongoing, focusing on Jukes and Hydes.

RETRANSMISSION: Manganese X Energy Corp. Reports Key Achievements and Outlines 2025 Strategies
Manganese X Energy Corp. is progressing on its Battery Hill project in New Brunswick to commercialize EV-compliant manganese. A $2 million investment from Eric Sprott enhances financial stability and supports a pre-feasibility study, positioning the company to meet future manganese demands.

C3 Metals Geochemical Program Confirms +5km Gold Trend on the Super Block Project, Jamaica
C3 Metals Inc. announced strong gold results from soil and channel sampling at its Super Block project in Jamaica, confirming high gold geochemistry similar to the former Pennants Gold Mine. The project is a joint venture with Geophysx Jamaica Limited.

Route 109 Commences Winter Drill Program at Dunlop Bay Targeting VMS and Gold
Route 109 Resources Inc. has initiated a 3,000 to 4,000 m drill program at its Dunlop Bay project to explore for Volcanic Massive Sulphide and gold mineralization, alongside an electromagnetic survey to identify new VMS targets based on historical data.

Bayridge Resources Confirms Multiple Targets at Constellation Project
Bayridge Resources Corp. reported positive assay results from its Phase I exploration at the Constellation uranium project in the Athabasca Basin, identifying multiple high-priority targets with significant uranium concentrations. A maiden drill program is planned for early 2025.

Doubleview Gold Corp Increases the Dimensions of the Hat Polymetallic Deposit with High-Grade and Extensive Mineralization in Drill Holes H075 to H077
Doubleview Gold Corp. reports positive drill results from its 2024 campaign at the Polymetallic Hat Porphyry Project in British Columbia. Significant mineralization was found in drill holes H075, H076, and H077, indicating potential resource expansion and improved grade.

Arrow Announces Update on AB Wells
Arrow Exploration Corp. updates on its Alberta Llanos field operations in Colombia, reporting that the AB-1 well has resumed production at 260 BOPD, while AB-2 has been temporarily shut in due to sub-economic rates. AB-3 confirms productive potential in the field.

District Commences Updated National Instrument 43-101 Mineral Resource Estimate on the Viken Energy Metals Deposit in Sweden
District Metals Corp. has engaged P&E Mining Consultants to prepare a new resource estimate for the Viken Energy Metals Deposit in Sweden, updating historical estimates and incorporating recent data to support future economic assessments and development efforts.

Manganese X Energy Corp. Reports Key Achievements and Outlines 2025 Strategies
Manganese X Energy Corp. is progressing on its Battery Hill project for EV-compliant manganese commercialization, with a $2M investment from Eric Sprott. The company aims to lead the high-purity manganese supply for North America's EV market while initiating a pre-feasibility study.

Nova Pacific Metals Bolsters Advisory Board and Announces Marketing Agreement
Nova Pacific Metals Corp. has appointed Craig Williams, a veteran in the Canadian mining industry, to its strategic advisory board. This move aims to enhance the company's exploration and development efforts at the Lara VMS project, leveraging Williams' extensive experience and industry connections.

Lahontan Announces Closing of Private Placement and Sale of Common Shares by Victoria Gold Corp.
Lahontan Gold Corp. has successfully closed a non-brokered private placement raising Cdn$720,000 by issuing 36 million shares at Cdn$0.02 each. Additionally, Victoria Gold Corp. sold 17.4% of Lahontan's shares, improving shareholder support for future projects.

Caprock Announces Grant of Incentive Stock Options
Caprock Mining Corp. has granted 6,030,000 stock options to its executives and consultants at $0.06 per share, expiring in 2030. The company focuses on precious metals exploration in Quebec and Ontario, notably the Destiny gold property with significant gold resources.

Torex Gold Provides Q4 2024 Update on Media Luna Project
Torex Gold Resources reports that its Media Luna Project is 94% complete, with first copper concentrate expected by March 2025. Key milestones include engineering completion, advanced underground development, and successful tie-ins at the processing plant.

Nine Mile Metals Closes First Tranche of Private Placement Financing
Nine Mile Metals Ltd. announced a private placement financing of $25,000 cash and $231,150 in debt conversion, issuing 12,197,619 units at $0.021 each. The funds will be used for working capital, with insider participation exempt from certain approval requirements.

Royal Road Minerals Announces Issue of Stock Options
Royal Road Minerals Limited has granted 4.4 million stock options at $0.15 each to employees and consultants, effective February 1, 2025. The options come with a four-month hold period and represent 5.94% of outstanding shares. Forward-looking statements are included.

DLP Resources Announces Investor Relations Agreement
DLP Resources Inc. has engaged Max Reinhart as a consultant for investor relations and marketing services for 12 months, starting December 1, 2023. The agreement includes issuing 150,000 stock options and a monthly fee of $6,000, pending regulatory approval.

Thunder Gold Engages German Mining Networks GmbH
Thunder Gold Corp. has hired German Mining Networks GmbH for three months of marketing and investor relations in Europe at Cdn$6,800 per month. The aim is to attract European investors to their Tower Mountain Gold Property, emphasizing its exploration potential.

EMX Announces Resignation of Chris Wright, Confirmed as U.S. Secretary of Energy
EMX Royalty Corporation congratulates board member Chris Wright on his confirmation as U.S. Secretary of Energy. Wright will step down from EMX's board but is recognized for his contributions to the energy sector and humanitarian efforts. EMX emphasizes its role in providing investors with commodity options while minimizing operational risks.

Phenom Increases Private Placement Financing Up To $1,850,000
Phenom Resources Corp. is increasing its non-brokered private placement offering from $1.5 million to $1.85 million due to high demand, proposing to sell up to 7.4 million units at $0.25 each. Proceeds will fund exploration and working capital, subject to regulations.

Clarification to News Release Entitled "Great Eagle Gold Corp. Announces LOI to Acquire Patented Mineral Rights Titles Containing NI 43-101 Certified Gold Resources"
Great Eagle Gold Corp. is clarifying its disclosure following a review by the British Columbia Securities Commission and CIRO, addressing inaccuracies in a January 27, 2025 press release about its acquisition of mineral rights and geological information compliance.

QIMC and Avalio Pty Ltd. Announce Strategic Collaboration to Advance Natural Hydrogen Exploration
Quebec Innovative Materials Corp. (QIMC) has formed a strategic partnership with Avalio Pty Ltd. to enhance natural hydrogen exploration. The collaboration will leverage Avalio's geoscience expertise and advanced drilling technologies, aiming to improve exploration methods and risk management.

Japan Gold Announces Sale of Royalty to Osisko Gold Royalties
Japan Gold Corp. announces an investment agreement with Osisko Gold Royalties, granting a 1.5% net smelter return royalty on certain Japanese properties for $5 million. This partnership aims to enhance exploration efforts in Japan's gold-rich regions.

Lion Copper and Gold Provides a Pre-Feasibility Study Update
Lion Copper and Gold Corp. provided a progress update on its Yerington Copper Project's Pre-Feasibility Study (PFS), set for June 2025 completion. The study builds on a positive Preliminary Economic Assessment and is supported by $16.5M from Nuton LLC. Key management hires enhance project expertise.

Volt Carbon Technologies and Charge CCCV LLC Jointly Announce Successful Test Results of Two Key Battery Technologies
Volt Carbon Technologies and Charge CCCV LLC announced successful test results from their collaboration, showcasing enhanced energy density and durability of Volt's lithium metal electrolyte with C4V's BMLMP cathodes, and Volt's dry-separated graphite with C4V's Green Anode technology.

Sitka Prepares for Winter Diamond Drilling Program at Its RC Gold Project, Yukon
Sitka Gold Corp. is set to initiate a winter diamond drilling program at its RC Gold Project in Yukon, focusing on upgrading the Blackjack deposit and exploring other targets. An updated mineral resource estimate shows significant gold reserves, with recent drilling revealing promising mineralization.

Forge Resources Announces Closing of Significantly Oversubscribed Private Placement
Forge Resources Corp. has closed a significantly oversubscribed non-brokered private placement, issuing 6,591,995 units at $0.55 each, raising $3.63 million, exceeding its $2.5 million target. CEO PJ Murphy purchased 909,090 units, reflecting investor confidence.

Kingsmen Resources Continued High Grade Silver in Sampling Expands Drill Targets
Kingsmen Resources Ltd. announced positive exploration results from its Las Coloradas project in Mexico, confirming mineralization across key structures. The company identified a new diamond drilling target (DBD) alongside existing areas, indicating potential for further discoveries.

Lipari Mining Ltd. (Formerly, Golden Share Resources Corporation) Announces Share Consolidation and Name Change
Golden Share Resources Corporation will change its name to Lipari Mining Ltd. and consolidate its shares at a 1:10 ratio, following shareholder approval. Shareholders will need to follow specific procedures for the consolidation, with further details available online.

Nio Announces Financial Support for Its Niobium Project in Oka
Nio Strategic Metals Inc. has secured up to $400,000 from Elements08 to enhance metallurgic and mining wastewater processes for niobium production at its Oka project. This initiative aims to promote sustainable mining practices and support critical mineral development in Quebec.
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