Mining News Releases & Company Updates - Page 74
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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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Makenita Resources Receives LEI Number Paving the Way for Entry on the German Markets
Makenita Resources Inc. has received a LEI number to pursue a German trading symbol and aims for a full listing soon, reflecting its strategy to enhance European presence. President Jason Gigliotti expresses optimism about the company's future and shareholder engagement.
Forum Energy Metals and Global Uranium Commence Exploration at the Northwest Athabasca Project, Saskatchewan
Forum Energy Metals and Global Uranium have received an exploration permit for the Northwest Athabasca Project in Saskatchewan, with mobilization and camp construction underway. Diamond drilling is set to begin by March, emphasizing collaboration with local communities.
Myriad Uranium Enters into Option to Acquire 100% of the Red Basin Uranium Project in New Mexico, USA
Myriad Uranium Corp. has entered a property option agreement with First American Uranium to acquire a 100% interest in the Red Basin Uranium Project in New Mexico. The deal involves C$525,000 in payments and requires a geophysical survey within 12 months.
Barksdale Provides Updated Replacement Convertible Debenture Terms
Barksdale Resources Corp. has amended terms with Delbrook Capital, extending the maturity of $1.5 million in convertible debentures to December 31, 2025, reducing the conversion price to $0.12, and issuing new warrants due to expired ones. Additionally, interest will be settled with equity units.
South Pacific Metals Announces Closing of Upsized C$6.3 Million Financing and Welcomes Jonathan Rubenstein to Its Board of Directors
South Pacific Metals Corp. has closed a non-brokered private placement raising C$6.3 million by issuing 13.1 million units. The company appointed Jonathan Rubenstein to its board, leveraging his extensive experience in the mining industry for strategic growth.
Appia Announces Excellent Desorption Results From Its Four New Ionic Adsorption Clay Targets at the PCH Project in Goias, Brazil
Appia Rare Earths & Uranium Corp. announces positive results from its PCH project's IAC REE targets, confirming extensive mineralization and promising recovery rates. The company plans further drilling and updates to the Mineral Resource Estimate and Preliminary Economic Assessment.
First Majestic Reports Exploration Success for Navidad at Santa Elena
First Majestic Silver Corp. reports significant expansion of high-grade gold and silver mineralization at the Navidad discovery in Sonora, Mexico, following extensive drilling and positive metallurgical testing. The results indicate strong potential for resource growth.
AuMEGA Announces Results from Airborne Magnetic Survey on the Hermitage Gold-Antimony Project
AuMEGA Metals Ltd completed a high-resolution airborne magnetic survey over the Hermitage Gold-Antimony Project in Newfoundland, revealing significant geological complexity and major structures. The results indicate promising gold and antimony prospects, with future drilling planned for 2025.
Auric Minerals Signs Option Agreement for Uranium Assets in Quebec
Auric Minerals Corp. has signed an option agreement to acquire 100% interest in three uranium properties in Quebec: Caboose, Kawip, and Manic. This move supports their growth strategy amidst rising uranium demand for nuclear energy, involving a $300,000 payment over two years.
Argyle Announces Acquisition of Saint Gabriel Silica Project
Argyle Resources Corp. has acquired the Saint Gabriel Silica project in Quebec, consisting of 23 mineral claims, for $65,000 and 300,000 common shares. CEO Jeff Stevens highlights plans for exploration to identify high-purity silica zones in 2025.
Heliostar Announces 2024 Production and Provides 2025 Production and Cost Guidance
Heliostar Metals Ltd. reported a total production of 20,795 Gold Equivalent Ounces (GEOs) in 2024, exceeding its guidance. For 2025, the company anticipates producing 31,000-41,000 GEOs at an all-in sustaining cost of US$1,950-2,000 per GEO.
Exploits Confirms Gold Mineralization at Bullseye "West" and Extends High-Grade Zone at Depth at Horseshoe
Exploits Discovery Corp. reported positive gold assay results from its diamond drilling on the Bullseye property, confirming gold structures near the Appleton Fault Zone and extending high-grade mineralization at the Horseshoe gold discovery, indicating promising exploration potential.
Snow Lake Announces Major Strategic Partnership to Lead North American Nuclear Renaissance with Domestic Production Strategy
Snow Lake Resources Ltd. has partnered with Exodys Energy Inc. to explore opportunities in the nuclear energy sector, aiming to bolster North American energy independence. This collaboration aligns with U.S. energy strategies and addresses urgent energy demands, particularly from AI data centers.
ATEX Announces Grant of Restricted Share Units
ATEX Resources Inc. announced the grant of 295,110 restricted share units (RSUs) as a 2024 performance award to employees and directors, with management receiving 178,510 RSUs. The company continues to engage Adelaide Capital Markets for investor relations services.
York Harbour Appoints Timothy Ko to the Board and Extends Private Placement
York Harbour Metals Inc. is extending a non-brokered private placement of up to 6 million units at $0.05 each for $300,000, with warrants exercisable at $0.075. CEO Blair Naughty will increase his stake from 15.18% to 19.89%. Timothy Ko joins the Board, replacing Michael Williams.
Portofino Amends Amount of Debt to Be Issued for Shares
Portofino Resources Inc. has settled $105,000 in debt by issuing 10.5 million common share units at $0.01 each, subject to TSX Venture Exchange approval. The company focuses on mineral resource projects, particularly lithium in Argentina and gold in Ontario.
Fuerte Metals Long Term Incentive Grants
Fuerte Metals Corporation announced the grant of 737,500 stock options and 225,000 Restricted Share Units to its directors, officers, and employees. The options are priced at $0.91 each, exercisable until 2030. The company is focused on copper and precious metals projects in the Americas.
Goldshore Announces Appointment of New Chief Financial Officer
Goldshore Resources Inc. appointed Erica Borgstrom as Chief Financial Officer and Corporate Secretary, effective February 1, 2025, replacing Marlis Yassin. Borgstrom, a CPA with over 15 years of experience, aims to advance Goldshore's strategic goals.
Mundoro Announces 2024 Portfolio Highlights, 2025 Outlook and Corporate Update
Mundoro Capital Inc. reports achievements from 2024, including exploration advancements in Serbia and Arizona, and outlines 2025 priorities focused on advancing high-potential targets, securing partnerships, and enhancing exploration for copper and gold.
Initial Drill Program at the Barrick Alliance Togi Project Confirms Gold Bearing System with Significant Strike Potential
Japan Gold Corp. reports promising results from its initial drill program at the Togi Project in Japan, indicating extensions of a concealed low-sulfidation gold system. Drilling revealed potential for significant gold deposits along a 3-kilometer strike corridor.
Wealth Minerals and the Quechua Indigenous Community of Ollague Sign Agreement to Jointly Develop the Kuska Lithium Project
Wealth Minerals Ltd. and the Quechua Indigenous Community of Ollagüe have formed a joint venture to develop the Kuska Lithium Project in Chile, with CIQO holding a 5% interest and a board seat. The project has significant lithium resources and aims for sustainable production.
Dolly Varden Silver Step-out Intersects 21.55 g/t Au and 27 g/t Ag over 8.72m, including 91.1 g/t Au and 114 g/t Ag over 0.51m at Homestake Silver Deposit
Dolly Varden Silver Corporation announced positive drill results from its 2024 program at the Homestake Silver deposit in BC, expanding high-grade gold and silver zones. A total of 69 holes were drilled, with plans for a fully funded 2025 program underway.
Kutcho Copper to Receive Approximately $800,000 Refund from CRA
Kutcho Copper Corp. updates on its audit with the CRA regarding its subsidiary, Kutcho Copper Holdings Inc., for 2019 and 2020. After a lengthy review, CRA accepted KCH's objections, allowing approximately $800,000 in GST refunds and tax credits.
Northern Graphite Announces Strategic Management Changes
Northern Graphite Corporation announced a management reorganization to improve operational efficiency and align sales strategies with the growing battery market. Maximilian Meier becomes Interim COO, while Michael Grimm is appointed Chief Sales Officer, consolidating functions for better responsiveness.
Moon River Moly Ltd. to Commence Trading on OTCQB and Receives DTC Eligibility
Moon River Moly Ltd. is now trading on the OTCQB in the U.S. under the symbol MRIVF, aiming to enhance accessibility and liquidity for U.S. and international investors. The company continues trading on the TSX Venture Exchange and has achieved DTC eligibility.
Cascada Announces U.S. Listing on the OTCQB Venture Market
Cascada Silver Corp. has listed its shares on the OTCQB® under "CSSCF," aiming to enhance visibility for U.S. investors and improve liquidity. The company is also conducting a 2,000-metre Phase II drilling program at its Angie Copper Molybdenum Project in Chile.
CanAlaska Begins Drill Program on Large Cree East Project
CanAlaska Uranium Ltd. has initiated its first drilling program at the Cree East Project in over ten years, targeting high-priority uranium locations based on past data. The winter program is funded by Nexus Uranium Corp and aims for 6-8 target tests.
EMX Announces Acquisition of Additional 1% NSR Royalty on the Chapi Copper Mine Property in Peru
EMX Royalty Corporation has acquired an additional 1% NSR royalty on the Chapi Copper Mine for $7 million, increasing its total NSR to 2% for $10 million. The agreement also includes royalties on surrounding properties and processed minerals.
EarthLabs Announces Vertical Amalgamation
EarthLabs Inc. announced the completion of a vertical amalgamation with its subsidiary, DigiGeoData Inc., effective February 1, 2025, to streamline its corporate structure and reduce costs. There will be no changes to share capital or significant impact on operations.
American Creek Resources Announces Further Amendment to Plan of Arrangement with Cunningham Mining
American Creek Resources Ltd. has amended its agreement with Cunningham Mining Ltd. to extend the acquisition deadline from January 31, 2025, to March 15, 2025, with conditions for further extensions. The agreement is connected to a statutory plan for acquiring common shares.
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