Mining News Releases & Company Updates - Page 80
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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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Bold Stakes Claims Near Springpole and Grants Options
Bold Ventures Inc. has staked 208 claims for the Springpole East Gold Project in Ontario, covering 4180 hectares near the Springpole Gold Deposit. The property shows potential for gold resources, with previous exploration revealing significant gold presence. The company also issued stock options to management and advisors.
Geologica Introduces Antimony Targets at Topley
Geologica Resource Corp. announces successful Antimony exploration in the Babine Porphyry Belt, with significant till samples indicating high concentrations. This comes amid rising antimony prices due to Chinese export restrictions, highlighting the project's mineral potential.
Military Metals Files Technical Report on Its Flagship Trojárová Antimony-Gold Property in Slovakia
Military Metals Corp. has filed a NI 43-101 technical report for its Trojárová antimony-gold property in Slovakia. The report, now available online, details the area's mining history and ongoing efforts to evaluate historical data for future resource classification.
Canter Completes Updated 3D Model for The Columbus Lithium-Boron Project in Nevada
Canter Resources Corp. has completed an advanced 3D geological and geophysical model for the Columbus Lithium-Boron Project in Nevada, enhancing understanding of mineralization controls and identifying priority exploration targets through extensive seismic and geophysical data analysis.
First Majestic Provides Positive Exploration Results at San Dimas
First Majestic Silver Corp. announced positive drilling results from its 2024 exploration at the San Dimas Mine, Mexico, highlighting significant silver and gold mineralization. The program expanded Mineral Resources and converted Inferred to Indicated Resources, enhancing future mining prospects.
Nuvau Minerals Inc. Appoints Market Maker
Nuvau Minerals Inc. has engaged Ventum Financial Corp. for market making services under a twelve-month agreement. Nuvau will pay Ventum a monthly fee of $5,000, totaling around $60,000, to maintain an orderly market for its securities on the TSX Venture Exchange.
West Point Gold Intersects 42.8m of 2.50 g/t Au, including 11.7m of 5.94 g/t Au at Tyro Main Zone, Gold Chain Project, Arizona
West Point Gold Corp. reports positive drill results from its recent campaign at the Tyro Main Zone in Arizona, highlighting significant gold intersections in multiple holes. The company plans further drilling to expand the mineralized zone, starting February 2025.
ATEX Drills New Record Intercept at Valeriano Hitting 152 Metres of 2.03% CuEq Within 342 Metres of 1.48% CuEq with Assays on Remainder of Hole Pending
ATEX Resources Inc. reports significant assay results from drill hole ATXD23A at the Valeriano Copper-Gold Project in Chile, revealing a 130-metre extension of high-grade breccia mineralization. The system remains open in all directions, indicating further exploration potential.
IsoEnergy and Purepoint Announce 2025 Plans for Joint Venture
IsoEnergy Ltd. and Purepoint Uranium Group Inc. have launched a $5 million exploration program for their joint venture in Saskatchewan's Athabasca Basin, focusing on 10 uranium projects. Key areas include the Dorado and Aurora Projects, with significant drilling planned.
GoviEx Uranium Announces Strong Feasibility Study Results for Muntanga Uranium Project in Zambia
The text outlines a solid uranium project with a strong NPV, high IRR, low operating costs, and efficient operations. It highlights the project's leverage to uranium price increases, low technical risks, quick production startup, and the widening supply deficit in the uranium market.
Nova Pacific Metals Establishes Strategic Advisory Board, Appointing Two Industry Veterans
Nova Pacific Metals Corp. has established a Strategic Advisory Board, appointing Dr. Tom Setterfield and Mr. Scott Young as its first members. Dr. Setterfield, an expert in mineral exploration, emphasizes the potential of the Lara project for precious metal-rich deposits.
Basin Uranium Closes Previously Announced Non-brokered Private Placement of Units
Basin Uranium Corp. has closed a non-brokered private placement of 4.66 million units at $0.15 each, raising approximately $700,000. Each unit includes a common share and a warrant for an additional share at $0.20 until January 2028. Proceeds will fund U.S. properties and operations.
Delta Announces Warrant Extension
Delta Resources Limited plans to extend the exercise period for 2.5 million warrants at $0.18 per share to July 23, 2025, following their private placement in January 2023. The extension is pending TSX Venture Exchange approval. The company is focused on its gold deposit project in Ontario.
Altiplano Enters Sales Contract for Iron Concentrates Adding a Second Revenue Stream
Altiplano Metals Inc. has signed an offtake agreement with a Chilean company to sell iron concentrate from its El Peñón facility, aiming to diversify revenue alongside copper and gold sales. The plant can produce 1,800 tonnes monthly, enhancing financial sustainability.
Dynasty Gold Drills Broad Zone High Grade Au at Pelham and Discovers Near Surface New Mineralization 1 Km South of Pelham Resource at Thundercloud
Dynasty Gold Corp. announced positive drill results from its Thundercloud property, revealing significant gold mineralization extensions in the Pelham Zone and a new discovery hole. The results highlight shallow mineralization and high-grade intersections, indicating exploration success.
Barksdale Resources Corp. Intersects High-Grade Sulfide "Exhaust" from a Larger "Engine"
Barksdale Resources Corp. announced high-grade polymetallic sulfide mineralization in drill hole SUN24-002B, revealing significant copper, silver, zinc, and lead grades over a 100m zone. The findings suggest potential for substantial mineralization at the Sunnyside Project.
Ridgeline Minerals Announces Non-Brokered Private Placement
Ridgeline Minerals Corp. is conducting a non-brokered private placement to raise up to $3.5 million by selling units at $0.15 each, which include shares and warrants. Proceeds will fund exploration in Nevada and are subject to regulatory approvals and hold periods.
Element 29 Announces Results from Elida Phase-III Drill Program including 1039.6 metres of 0.54% CuEq2
Element 29 Resources Inc. reports promising results from its Phase-III drilling at the Elida Porphyry Copper-Molybdenum-Silver Deposit in Peru, highlighting significant copper, molybdenum, and silver mineralization at depths exceeding 1000 meters, indicating potential resource expansion.
Viscount Mining Commences Drilling Significant Large Geophysical Anomaly Indicating Potential Porphyry Type Deposit at Silver Cliff, Colorado.
Quantec geoscientists identified a large conductive anomaly at depths of 400m to 1.5km, suggesting a system of mineralized fractures. Viscount Mining has begun drilling at the Passiflora site in Colorado, building on past exploration and promising silver reserves.
Big Red Mining Corp. Options the Bald Hill Antimony Property in New Brunswick, Canada and Announces Financing
Big Red Mining Corp. is acquiring the Bald Hill Antimony Project in New Brunswick, which has significant high-grade antimony deposits. The project shows potential for further exploration and expansion, with promising drill results indicating substantial mineralization.
Appia Announces Outstanding Total Rare Earth Oxide (TREO) Results From Its Diamond Drilling Program at PCH Project in Goias, Brazil
Appia Rare Earths & Uranium Corp. announced positive results from diamond drilling at their PCH project in Brazil, confirming high-grade mineralization of rare earths. The findings suggest significant potential for rare earth deposits, prompting plans for further exploration.
Tudor Gold Announces Appointment of Mr. Joe Ovsenek to the Board of Directors
Tudor Gold Corp. has appointed Joe Ovsenek to its Board of Directors to enhance the development of the Treaty Creek gold, copper, and silver project. Ovsenek, a seasoned mine builder, emphasizes the project's potential following the discovery of the high-grade SC-1 Zone.
Maple Gold Commences 10,000 Metre Phase I Drill Program at Douay and Provides 2025 Outlook for the Douay/Joutel Gold Project
Maple Gold Mines Ltd. is launching a 10,000-meter drilling program at its Douay Gold Project to expand and upgrade its mineral resource, targeting poorly drilled areas and new discovery zones. Concurrently, they will assess the Douay resource estimate and plan additional drilling at the Joutel project.
Gladiator to Resume Drilling at Cowley Park
Gladiator Metals Corp plans to resume drilling at Cowley Park in February 2025, focusing on high-grade copper mineralization and resource expansion. The 10,000m Phase 1 drill program follows promising results from 2024, targeting newly identified geophysical anomalies.
Cassiar Gold Encounters 141.4 Metres of 0.89 g/t Gold at the Newcoast Regional Prospect
Cassiar Gold Corp. announced positive results from the final three diamond drill holes of its 2024 exploration program at the Cassiar Gold project in British Columbia. The results indicate significant mineralization at the Newcoast Prospect, suggesting potential for further exploration.
Borealis Announces Production of Approximately 550 oz of Gold from the Borealis Mine
Borealis Mining Company updates on its operations, reporting the sale of doré containing 190.79 oz of gold and 119.88 oz of silver, along with shipments of spent carbon for refining. Plans for increased gold production in 2025 are underway, focusing on stockpile processing.
Metals Creeks Options Yellow Fox Property to Lomiko Metals
Metals Creek Resources Corp. has entered an Acquisition Agreement with Lomiko Metals Inc. for Lomiko to acquire 100% interest in 28 mineral claims of the Yellow Fox project, subject to closing conditions and approvals, with payments structured over two years.
Carolina Rush Reports Elevated Molybdenum in Deepest Hole Drilled at Brewer, Samples up to 1,320 ppm Mo
Carolina Rush Corporation reports positive results from the final drill hole of its phase IV program at the Brewer gold-copper project in South Carolina, indicating significant molybdenum mineralization and supporting its exploration model for a deep porphyry system.
District to Commence Trading on Nasdaq First North Growth Market in Sweden
District Metals Corp. has received approval for its listing on Nasdaq First North, with trading starting January 23, 2025, under "DMXSE SDB." The company emphasizes the significance of exploration in Sweden, especially for critical materials like vanadium and uranium.
AuMEGA Announces Major 2025 Exploration Program
AuMEGA Metals Ltd is launching its largest exploration program since 2021, focusing on the Bunker Hill project with 13,000m of diamond drilling planned for 2025. The company is fully funded with C$16 million raised, aiming for significant shareholder value and growth.
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