Mining News Releases & Company Updates - Page 77
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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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Core Nickel Commences Property-Wide Airborne Electromagnetic Surveys on its 100%-Owned Mel and Odei River Projects and Grants Stock Options
Core Nickel Corp. has initiated helicopter-borne geophysical surveys on its Mel and Odei River projects in Saskatchewan, using the VTEM™ Plus system. This will enhance exploration by covering 1,899 line-km, improving target prioritization and geological mapping.
Aurania Commissions Environmental Impact Study in Corsica
Aurania Resources' subsidiary, Corsica Ressources, has hired a French firm to conduct an environmental impact study for its nickel project at Nonza and Albo beaches in Corsica. The study aims to assess environmental effects and propose mitigation strategies while preserving local ecosystems and communities.
Taurus Gold Corp Announces Resignation of Director
Taurus Gold Corp. announces the resignation of Director Michael Rapsch, effective February 1, 2025. CEO Frank Lagiglia expresses gratitude for Rapsch's contributions. Taurus focuses on gold exploration and holds interests in the Charlotte property.
DFR Gold Inc. Announces Appointment of New Auditor
DFR Gold Inc. has appointed HDCPA Professional Corporation as its new auditor, replacing Davidson & Company LLP, effective January 29, 2025. There are no reportable events or modified opinions from the former auditor regarding DFR’s financial statements.
Sailfish Announces Voting Results from Annual General Meeting
Sailfish Royalty Corp. announced the results of its January 23, 2025, annual general meeting, where shareholders approved all proposals with 65.37% participation. Additionally, the company granted 2,075,000 stock options to directors and consultants, exercisable at $1.50 until 2030.
Austral Gold Files Q4 2024 Quarterly Activity Report
Austral Gold Limited has filed its Q4 2024 Quarterly Activity Report, available on various platforms. The release, approved by CEO Stabro Kasaneva, includes contact details for further information. TSX Venture Exchange disclaims responsibility for the release's accuracy.
BluMetric Announces Appointment of Mohsen Mortada to Board of Directors and Strategic Hires
BluMetric Environmental Inc. announces the appointment of Mohsen Mortada to its Board of Directors, effective February 1, 2025. Mortada, an expert in water utility management, will enhance BluMetric's mission in sustainable water solutions. Additionally, two new hires will support the WaterTech division's growth.
Cascada Announces Senior Leadership Changes
Cascada Silver Corp. appoints Robert Suttie as CFO and Secretary, replacing Thomas Pladsen, who resigns for personal reasons but remains on the Board. Suttie brings over 20 years of financial experience, and Cascada looks forward to his contributions.
Rain City Resources Inc. (RAIN) Completes Lithium Pilot Plant
Rain City Resources Inc. has launched a pilot plant to utilize Avonlea Lithium Corporation's ACCELi technology for direct lithium extraction. The plant, capable of processing 150 barrels-per-day, is set for a pre-commercial trial after a successful test. Avonlea seeks a site for the plant's operation.
Refined Energy Corp. Announces Plans for the Basin and Milner Projects Under Option from Searchlight Resources
Searchlight Resources Inc. announces progress on its Basin and Milner Projects, now under option to Refined Energy Corp. Refined has initiated exploration plans for summer 2025, focusing on uranium mineralization and utilizing various geophysical methods to identify drilling targets.
RETRANSMISSION: Manganese X Energy Corp. Announces Closing of $2.1 Million Non-Brokered Private Placement with Participation of Eric Sprott
Manganese X Energy Corp. raised $2.1 million through a private placement of 60 million subscription receipts at $0.035 each. The funds are held in escrow pending shareholder and regulatory approvals, with a shareholder meeting scheduled for February 28, 2025.
Bear Creek Mining Updates Mineral Resources and Mineral Reserves for the Mercedes Mine
Bear Creek Mining Corporation has released updated mineral resource estimates for the Mercedes Mine in Mexico, showing decreased reserves and resources since 2021 due to depletion and increased costs. However, future exploration may uncover additional mineralization.
Emperor Metals Drilling Expands Gold Potential at Duquesne West, Reveals Widespread Mineralization in Open Pit Model
Emperor Metals Inc. announces promising results from its 2024 drilling program, with 88% of new assays reported and significant gold mineralization observed. The findings indicate potential for expanding the project ahead of a 2025 Mineral Resource Estimate.
Myriad Uranium Grants Stock Options and RSUs
Myriad Uranium Corp. has granted 225,000 stock options and 1,095,000 restricted share units to consultants and directors. The company, which holds a 50% interest in the Copper Mountain Uranium Project, aims to explore significant uranium resources in Wyoming.
Wedgemount Announces Corporate Update
Wedgemount Resources Corp. has resumed oil production after a temporary shutdown due to extreme cold. The company is focusing on production growth following recent acquisitions and has filed its annual financial statements, leading to the revocation of a trading order.
Caprock Outlines Systematic Exploration Plan for Its Destiny Gold Project in Quebec
Caprock Mining Corp. announced plans for exploration and development of its Destiny gold property near Val D'Or, Quebec, which has a historical mineral resource estimate. The company aims to update this estimate using current economic parameters and gold prices.
Crestview Issues Shares Portion of Option Payment for Falcon Property and Provides Update on 2025 Exploration Plans
Crestview Exploration Inc. has issued 300,000 shares to purchase the Falcon Project, expanding it to 124 claims. Located near significant gold deposits in a prolific region, the historic Falcon mine produced high-grade silver until 1891.
Canterra Outlines 2025 Drill Targets at the Buchans Critical Minerals Project
Canterra Minerals Corporation is set to expand exploration at the Buchans Critical Minerals Project in 2025, following a successful 2024 drill program. Plans include five priority drill targets and a geophysical survey to refine these targets, focusing on high-grade sulphide discoveries.
Awalé Hits 2.5 g/t Gold Eq. over 34 Metres at the BBM Zone, Odienné Project
Awalé Resources reports positive drilling results from the BBM zone at the Odienné Project, indicating strong gold mineralization and consistency. The drill program has been expanded from 3000m to 7000m due to initial success, with ongoing drilling and plans for further expansion.
Onyx Gold Announces Proposed Warrant Amendments and Corporate Updates
Onyx Gold Corp. plans to amend the exercise price of nearly 7.1 million warrants from $0.75 to $0.30, with an acceleration clause for expiry based on share price. The company also issued 1.375 million restricted share units and noted the resignation of VP Nicole Hoeller.
Midnight Sun Intersects High-Grade Oxide Copper at Kazhiba Target
Midnight Sun Mining Corporation announced successful drill results from the Kazhiba Target in Zambia, confirming high-grade copper mineralization with significant percentages over various depths. The results support ongoing exploration efforts and further drilling plans.
Bayridge Resources Receives Constellation Level 2 Exploration Permit for Drilling
Bayridge Resources Corp. has received a Level 2 Exploration Permit for its Constellation uranium project in Canada's Athabasca Basin, allowing up to 30 drill sites and 10,000 metres of drilling. The Phase I exploration program identified promising areas for uranium mineralization.
Manganese X Energy Corp. Announces Closing of $2.1 Million Non-Brokered Private Placement with Participation of Eric Sprott
Manganese X Energy Corp. has closed a non-brokered private placement, raising $2.1 million by issuing 60 million subscription receipts at $0.035 each. The funds are held in escrow pending shareholder and regulatory approvals, with a meeting scheduled for February 28, 2025. Notably, Eric Sprott invested $2 million.
BluMetric Announces Fiscal Year 2024 Results
BluMetric Environmental Inc. reported its financial results for Q4 and fiscal year 2024, noting a revenue slight decline to $34.8 million. The acquisition of Gemini Water LLC affected balance sheets, but income effects will show in Q1 2025. Net earnings fell to $0.1 million.
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 to delay trading of its securities while it finalizes its complex audited annual financial statements for the year ending September 30, 2024.
Besra Gold Announces Update of Legal Proceedings
Besra Gold Inc. announced the receipt of a "Notice of Discontinuance" from the Ontario Superior Court, indicating that plaintiffs Prana GP Limited, Talisman 37 Limited, and Concept Capital Management Ltd. have discontinued their action against Noblemen Ventures and Wayne Johnson, while other defendants remain in the case.
Omai Gold Mines Corp. Upsizes Previously Announced Bought Deal Private Placement to $22 Million
Omai Gold Mines Corp. is increasing its bought deal private placement offering to issue 73,334,000 shares at $0.30 each, aiming for $22 million in proceeds for exploration and development. The offering is set to close around February 13, 2025, pending approvals.
Atacama Resources Intl. Announces Significant Gold & Base Metal Potential at Tannahill Property, Kirkland Lake Gold Camp
Atacama Resources International Inc. announced results from its 2024 exploration program at the Tannahill Gold Property, confirming significant gold mineralization and base metal potential through geophysical surveys and drilling, solidifying its status as a key project.
EagleOne Metal Corporation Completes Phase I Exploration on Its Magusi West Gold Project
EagleOne Metals Corporation has completed Phase 1 of its exploration program on the Magusi West Gold Project in Quebec, utilizing geophysical surveys and sampling to assess gold and base metal potential. The company is reviewing results and has amended an option agreement for further exploration.
Roberto Resources Completes Fieldwork Activities at Janampalla
Roberto Resources Inc. announced the completion of geological mapping and sampling at its Janampalla Property in Peru, focusing on multiple veins. A total of 170 rock-chip samples and 60 soil samples were collected for gold and multi-element analysis. Results pending.
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