Mining News Releases & Company Updates - Page 75
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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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Atlas Lithium's Plant Is Now En Route to Brazil - Marking Major Milestone Towards Production
Atlas Lithium Corporation announces the successful shipment of its modular lithium processing plant from South Africa to Brazil, advancing its Neves Project in Lithium Valley. This move positions the company to meet growing global lithium demand for EVs and renewable energy.
Ophir Channel Sample Results Confirm High Grade Cesium Mineralization at HW3 Pegmatite at the Pilipas Property, James Bay, Quebec
Ophir Metals Corp. reports successful channel sampling at HW3 Pegmatite, confirming high-grade cesium mineralization. Notable results include intervals of up to 12.40% Cs2O. The area of known mineralization has expanded, indicating significant potential for further exploration.
Nickel 28 Releases Ramu Q4 and Full Year 2024 Operating Performance
Nickel 28 Capital Corp. reported operational results for Q4 and full year 2024 for its Ramu Nickel-Cobalt operation, highlighting decreased production and sales of nickel and cobalt due to a planned plant shutdown, alongside lower average market prices for both metals.
Turning Resources into Results: Talon's 2024 Achievements Set to Redefine U.S. Critical Minerals Supply Chains in 2025 and Beyond
Talon Metals Corp. has made significant progress on the Tamarack mine and North Dakota Minerals Processing Facility, backed by the Department of Energy. In 2024, they discovered high-grade nickel-copper in Michigan, laying the groundwork for major project milestones in 2025.
West Point Gold Initiates Research Program at Gold Chain with the Colorado School of Mines and Joins the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM)
West Point Gold Corp. has joined the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM) to enhance its geological understanding and exploration of the Gold Chain project. The collaboration includes expert access and advanced evaluation techniques.
Big Gold Reports Drilling Results at Tabor Property in the Shebandowan Greenstone Belt in Northwestern Ontario
Big Gold Inc. announced results from its maiden drill program at Tabor in Northwestern Ontario, focusing on the East Divide Target Zone. The program drilled 642 meters, revealing zones of alteration and mineralization, though no high-grade gold was found.
Radisson Announces Positive Metallurgical Study at O'Brien and Provides Update on Milling Assessment at IAMGOLD's Doyon-Westwood Complex
Radisson Mining Resources Inc. announced positive results from a metallurgical study at its O'Brien Gold Project in Quebec, revealing gold recoveries between 86% and 96%. The study, done in partnership with IAMGOLD, assessed processing options compatible with the nearby Doyon mill.
Purepoint Announces Results of Foran-Funded Airborne Survey at Denare West, on Trend with McIlvenna Bay Project
Purepoint Uranium Group Inc. announced the completion of an airborne electromagnetic survey over the Denare West VMS project in Saskatchewan, operated by Foran Mining under a $19 million agreement. This survey aims to prioritize exploration targets and advance the project.
Nexus Uranium Commences Drill Program at Large Cree East Project
Nexus Uranium Corp. has commenced drilling for its 2025 winter exploration program at the Cree East project in the Athabasca Basin. The program targets new high-priority areas based on historical data and is the first drilling in over a decade.
STLLR Gold Provides its 2025 and Long-Term Plans and Introduces the Hollinger Tailings Project
STLLR Gold Inc. outlines its 2025 plans for the Tower and Colomac Gold Projects in Canada, introducing the Hollinger Tailings Project as a strategic opportunity for economic growth and environmental remediation, leveraging recent changes in the Ontario Mining Act.
CopperEx Signs Kio Buggy Property Community Agreement
CopperEx Resources Corp. has signed an access agreement with the local community for the Kio Buggy property, allowing surface exploration until June 30, 2026, with a potential two-year extension for drilling. The company emphasizes its commitment to the community.
Desert Gold Announces Newly Found Drill Data Provides Exploration and Resource Expansion Opportunities at SMSZ Project
Desert Gold Ventures Inc. announced new historic drill data revealing 479,000 ounces of inferred gold resources across the Mogoyafara South and Linnguekoto West Deposits. Highlights include various drill results confirming and exceeding model expectations for gold grades.
F3 Commences 2025 Drill Program at PLN
F3 Uranium Corp has commenced a $6 million winter exploration drilling program on the PLN Project in British Columbia, targeting the JR Zone and other high-potential areas. The initiative follows promising results from previous drill holes, with ongoing assay analysis.
Core Nickel Commences Two Drill Program at 100%-Owned Halfway Lake Project
Core Nickel Corp. has initiated a $2 million drilling program at its 100%-owned Halfway Lake project in Manitoba, focusing on 14 high-priority targets identified from a 2024 survey. The winter program aims for 4,000 meters of drilling to explore nickel deposits.
Starcore Enters into Share Purchase Agreement to Acquire Cote d'Ivoire Projects
Starcore International Mines Ltd. has signed a Share Purchase Agreement to acquire K Mining SARL, a gold exploration company in Côte d'Ivoire, for Cdn$500,000. The acquisition is pending ministerial approval and includes additional payments based on resource discoveries.
District Closes Acquisition of the 2.0% NSR Royalty on the Viken Energy Metals Deposit in Sweden
District Metals Corp. has completed the acquisition of a 2.0% NSR royalty on four mineral licenses for the Viken Deposit in Sweden, eliminating all royalties. The purchase involved issuing 500,000 common shares. The deposit is significant for energy metals and agriculture.
Equinox Gold Announces Filing of Fazenda Technical Report
Equinox Gold Corp. has filed a National Instrument 43-101 Technical Report for its updated Mineral Reserve and Resource estimate for the Fazenda Mine in Brazil, announced on January 7, 2025. The report is available on their website and regulatory platforms.
Caprock Terminates Ackley Option Agreement
Caprock Mining Corp. has terminated its agreement for the Ackley Lithium-Tin-Molybdenum-REE property and will now focus on the Destiny gold property near Val D'Or, Quebec, which consists of 127 claims and has a significant historical gold resource estimate.
Copper Fox Announces 2024 Year-End Operating and Financial Results
Copper Fox Metals Inc. announced the filing of its audited financial statements for the year ending October 31, 2024, showing a reduced net loss of $607,303. The company invested over $1.3 million in its copper projects and reported significant progress in development activities.
DLP Resources Announces Closing of Private Placement of Units
DLP Resources Inc. closed a non-brokered private placement, issuing 6,486,706 units at $0.21 each for $1,362,208. Each unit includes a share and a warrant. Proceeds will fund projects in Peru and cover administrative costs, subject to transfer restrictions.
Cleghorn Minerals Announces Closing of $210,000 Private Placement Financing
Cleghorn Minerals Ltd. announced the completion of a non-brokered private placement, raising $210,000 by issuing 4.2 million units at $0.05 each. Insiders contributed $150,000. Proceeds will fund general corporate purposes, with securities under a hold until June 1, 2025.
Makenita Resources Announces Corporate Update
Makenita Resources Inc. announces its upcoming operations in Ontario following its CSE listing. The company has granted stock options and RSUs to its directors and consultants as part of its equity incentive plan. It holds rights to the Hector Property in Ontario.
NorthX Nickel Announces Non-Brokered Subscription Receipt Financing
NorthX Nickel Corp. announces a non-brokered private placement of up to 26 million subscription receipts at $0.05 each, aiming to raise $1.3 million for a transaction with Magna Mining. Funds will be held in escrow and may return to investors if conditions aren't met by June 30, 2025.
SPOD Lithium Corrects Finder's Fees Payment
SPOD Lithium Corp. has corrected compensation to Haywood Securities following a private placement, reducing cash and finder's warrants. The company also terminated option agreements for the Golden Moon and Byron Pegmatite properties due to unmet exploration requirements. Results from recent drilling on MegaLi and LG4 properties are anticipated in February 2025.
Ucore Accepts $2M Investment from Hondo Private Equity LLC
Ucore Rare Metals Inc. has closed a non-brokered private placement with Hondo Private Equity, raising CAD$2.16 million by issuing 3.6 million units at CAD$0.60 each. Proceeds will support general corporate purposes, with shares under a restricted period.
CanCambria Energy Corp Announces Closing of Second Tranche
CanCambria Energy Corp has completed a second tranche of its private placement, raising $2,135,000 by issuing 4.27 million units. The total offering raised $4.77 million for advancing its Kiskunhalas Project and general corporate purposes, pending regulatory approval.
Spark Energy Expands Priority Targets Over a Combined 31km Pegmatite Trend at the Arapaima Lithium Project
Spark Energy Minerals Inc. announced progress in its exploration activities in Brazil's Lithium Valley, identifying 3 new pegmatite trends, bringing the total to 90. The company is focusing on discovering battery metals and rare earth elements, with 70% of its land package still unexplored.
Non-Brokered Private Placement Supplemental Disclosure
Colibri Resource Corporation plans a private placement of up to 10 million units at $0.025 each, aiming for $250,000 to fund exploration in Mexico, repay creditors, and reimburse related parties. The offering is pending TSX Venture Exchange approval and expected to close in February 2025.
Defiance Silver Files Amended Technical Report for The Tepal Project
Defiance Silver Corp. has filed an amended technical report on its Tepal Gold-Copper Project, following a preliminary Mineral Resource Estimate (MRE) compliant with NI 43-101. The MRE, developed by Micon, indicates inferred resources that lack economic viability.
AuMEGA Metals: Quarterly Activities Report for the 3 Months Ended 31 December 2024
AuMEGA Metals Ltd announced plans for a major exploration in 2025, including 20,000 metres of drilling at Bunker Hill, Cape Ray, and Hermitage. They completed a geophysical survey over Bunker Hill and identified significant gold anomalies. The company also raised C$16 million through private placement funding.
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