Mining Intelligence Articles & Market Analysis - Page 78
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Argyle Announces Renewal with Euro Digital Media
Argyle Resources extends a marketing deal with Euro Digital Media for one month, paying $500K, to promote its mineral exploration projects in North America.

Vizsla Royalties Announces Completion of Payment of Acquisition and Amendment to Compensation Plan
Vizsla Royalties completes a royalty acquisition in Mexico and amends its equity plan, doubling potential issuances, and grants stock options and RSUs to align staff with growth.
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ONGold Announces Filing of NI 43-101 Technical Report for the Monument Bay Gold Project and Provides Corporate Update
ONGold filed a NI 43-101 technical report on Monument Bay Gold Project, detailing historical mineral resources, extensive drilling, and exploration potential in Manitoba.

District Files NI 43-101 Technical Report for the Viken Deposit Mineral Resource Estimate in Sweden
District Metals filed a NI 43-101 report updating mineral resources at its Viken Project in Sweden, highlighting indicated and inferred resources for various minerals.

Kenorland Closes Atlantic Project Acquisition and Receives Notice of Exercise of Top-Up Right from Sumitomo and Centerra
Kenorland Minerals acquired 31,052 hectares of mineral claims in New Brunswick's Atlantic Project, enhancing its exploration portfolio for gold, polymetallic deposits, and other minerals.
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International Lithium Provides Update on Avalonia Project
International Lithium Corp. has cleared Canadian regulatory hurdles for selling its interest in the Avalonia project to Ganfeng Lithium. The transaction proceeds as planned, with no objections from the government. The company also plans a share placement to fund exploration in Canada and Zimbabwe.

Endurance Summarizes Antimony Results from the Reliance Gold Project, BC - Best Intervals include 19.2% Antimony and 2.16 GPT Au Over 0.5 m in 2024 Drilling
Endurance Gold Corporation reports antimony assay results from its Reliance Gold Project in British Columbia, highlighting the addition of antimony analysis alongside gold. The company has conducted extensive drilling and sampling since 2020, recalculating assay composites to include antimony.

Omai Gold Drills 1.0 g/t Au over 774m at Gilt Creek, Including 2.0 g/t Au over 64m and 1.9 g/t Au over 48m
Omai Gold Mines Corp. announced positive assay results from its first drill hole at the Gilt Creek gold deposit in Guyana, intersecting 774m of gold mineralization and extending it 200m laterally. The results include notable gold grades, indicating significant potential.

West Point Gold Infill Sampling Significantly Expands Mineralized Zones; GC24-30 to 89.5m of 1.08 g/t Au and GC24-32 to 51.16m of 1.21 g/t Au
West Point Gold Corp. announced positive infill sampling results from the Tyro Main Zone, indicating wider and more continuous mineralization than expected. Notable findings include hole GC24-30 reporting 89.50m of 1.08 g/t Au and GC24-32 reporting 51.16m of 1.21 g/t Au.

Denarius Metals Announces Update on Its Previously Announced Private Placement
Denarius Metals Corp. announced an amended offering document for a private placement offering of up to CA$15 million, with sales under specific exemptions in Canada (excluding Québec). The offering does not include U.S. sales or registrations.

Ivanhoe Mines Announces Makoko Discovery Extended to over 13 Kilometres of Strike Length
Ivanhoe Mines announced significant exploration developments at the Makoko and Kitoko deposits in the DRC, including a new 300 km² licence area and a $75 million budget for 2025. Drilling confirmed high-grade copper mineralization, expanding the Makoko district's strike by 20%.

Ivanhoe Mines and Kamoa Copper Strengthen Executive Leadership Teams with Key Appointments
Ivanhoe Mines announces key executive appointments: Marna Cloete is named President & CEO, Annebel Oosthuizen becomes Managing Director of Kamoa Copper, and Tom van den Berg joins as Senior Executive, Operations. These changes aim to strengthen leadership at Ivanhoe and Kamoa-Kakula.

ATEX Extends High-Grade Porphyry Trend Intersecting 220 Metres of 1.00% CuEq Within Broader Intercept with Remaining Assays Still Pending
ATEX Resources Inc. announced updated partial assay results from its Valeriano Copper Gold Project in Chile, highlighting significant copper equivalent intersections in drill holes ATXD16B and ATXD23A. Further assays are pending, with ongoing exploration promising potential for high-grade mineralization extensions.

Purepoint Uranium Reports Results from Tabbernor Project Geophysical Survey
Purepoint Uranium Group Inc. announced positive results from a FALCON gravity survey at the Tabbernor Project in Saskatchewan, identifying three key exploration zones with potential for uranium mineralization. Follow-up geological work and drilling are planned for 2024.

Dryden Gold Announces Exploration Drill Permits issued for Gold Rock Camp
Dryden Gold Corp. has received exploration permits from the Ontario Ministry of Mines for drill testing at the Gold Rock Camp, enabling a 15,000-meter drill program targeting high-value areas, including the Elora Gold System and Mud Lake, to enhance exploration efforts.

Argyle Resources Corp. Announces Closing of Second Tranche of Private Placement Offering
Argyle Resources Corp. has closed a second tranche of a non-brokered private placement, raising $126,000 by issuing 300,000 units at $0.42 each. Proceeds will fund mineral exploration and working capital. Securities are subject to a hold period and not registered in the U.S.

WATCH NAK Presentation by Lead Geo Neil Prowse; American Eagle Gold Provides PDAC Schedule
American Eagle Gold Corp. will exhibit at PDAC 2025 from March 2-5, showcasing its NAK project in British Columbia, which has revealed significant copper-gold mineralization. CEO Anthony Moreau will present at the event on March 2 and 3.

Torex Gold Reports Excellent Drill Results from Media Luna West and Initial Results from Media Luna East
Torex Gold Resources Inc. reports promising drilling results at Media Luna East and West, indicating high-grade intercepts that support their exploration strategy to enhance the Morelos Complex's production. The company plans extensive drilling and resource estimation through 2025.

Blackrock Silver Steps Out and Hits Multiple +1 kg/t AgEq Intercepts in First Assays from Resource Expansion Program at Tonopah West
Blackrock Silver Corp. reports high-grade vein discoveries in its Tonopah West project, with assays indicating significant gold and silver values. A resource expansion program is planned to potentially increase resources by 30-50%, with additional drilling to refine results.

Borealis Files Final Short Form Prospectus in Connection with $10 Million Bought Deal Offering
Borealis Mining Company has filed a final short form prospectus to distribute 17,857,150 units at C$0.56 each, aiming for gross proceeds of C$10 million. The offering is set to close around February 26, 2025, pending regulatory approvals. The prospectus is available on SEDAR+.

Neotech Metals Corp. Drills 86 Meters of 1.06% TREO from Bedrock Surface Approximately 300 Meters from the Pike Zone Mineralized Corridor in Its Inaugural Drill Program at Hecla-Kilmer
Neotech Metals Corp. announced preliminary geochemical assay results from its drilling program at the Hecla-Kilmer Project in Ontario, confirming elevated niobium and rare earth element levels in drill hole HK24-034. Further results are pending from additional drill holes.

Equinox Gold and Calibre Mining Combine to Create a Major Americas-Focused Gold Producer
Equinox Gold and Calibre Mining are merging, forming New Equinox Gold, which will be Canada's second-largest gold producer. The acquisition will enhance gold production capabilities, primarily through two major Canadian mines, aiming for up to 1.2 million ounces annually.

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Peak Minerals to Acquire 1494741 B.C. Ltd.
Peak Minerals Ltd. announces a definitive agreement to acquire 100% of 1494741 B.C. Ltd., which owns gold concessions in Suriname's Tapanahony Project. The deal includes issuing 12 million common shares to 149 BC's shareholders, contingent on drilling completion.

Borealis Files Restated Q1 Interim Financial Statements
Borealis Mining Company has restated and re-filed its unaudited interim financial statements for the period ending October 31, 2024, correcting comparative figures for the previous year. No changes were made to the financial position or management analysis.

Galleon Gold Corporate Update
Galleon Gold Corp. has submitted its West Cache Project Closure Plan and Financial Assurance to the Ministry of Mines. Additionally, the company granted 1,260,000 stock options and invites investors to its booth at the PDAC event from March 2-5, 2025.

TriStar Closes Final Tranche of Non-Brokered Private Placement
TriStar Gold Inc. has completed the final tranche of a private placement, selling 1.3 million shares for C$169,000, totaling C$1.08 million from 8.3 million shares. Proceeds will support working capital and the Castelo de Sonhos gold project, pending regulatory approval.

Nuvau Minerals Inc. to Participate in BMO and PDAC Conferences
Nuvau Minerals Inc. will participate in two upcoming conferences to engage with current and potential investors about its Matagami Project in Québec, highlighting exploration potential and plans for production. Events include the BMO Conference and PDAC 2025.

Military Metals Announce AGM Results
Military Metals Corp announced the results of its AGM, electing four directors and appointing Smythe LLP as auditor. Latika Prasad was named VP of Corporate Finance. The company extended its investor relations agreement with Tafin GmbH to enhance its presence in the German market.

Silver Elephant Reports Fatality at Bolivian Operation
Silver Elephant Mining Corp. reports a fatal accident at its Paca Silver Project in Bolivia, where an employee was killed due to a pressurized water tank failure. The company is investigating and prioritizing support for the employee's family.

Nevada Organic Phosphate Closes Unit Offering
Nevada Organic Phosphate Inc. closed a non-brokered private placement, raising $100,000 by issuing 2.5 million units at $0.04 each. The funds will support the Murdock Property and general working capital. Each unit includes a share and a warrant.

Oracle Commodity Issues Shares for Salaries to Align Management and Shareholder Interests
Oracle Commodity Holding Corp. announced the issuance of 84,594 common shares to Bayer Law Corporation as part of a Consulting Agreement, compensating 15% of Mr. Bayer's salary since November 2024. Additionally, details on a previous private placement transaction were clarified.

US Copper Corp Completes $500,000 Non-Brokered Private Placement
US Copper Corp has completed a non-brokered private placement, raising $500,000 by issuing 10 million units at $0.05 each. Each unit consists of a common share and a warrant. Insiders participated, and the proceeds will be used for general working capital.

K2 Gold Announces Increase to Previously Announced Offering Up to C$3 Million
K2 Gold Corporation has increased its non-brokered private placement, now offering up to 20 million units at CDN$0.15 each, aiming to raise up to CDN$3 million for exploration and permitting at its Mojave Gold project and general working capital.
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