Mining News Releases & Company Updates - Page 81
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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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Valleyview Announces Completion of Second Tranche of Subscription Receipt Offering
Valleyview Resources Ltd. has closed a second tranche of a private placement, issuing 2,361,500 subscription receipts for $708,450 as part of its acquisition of Shift Rare Metals Inc. The offering involves both brokered and non-brokered placements.
Pantera Silver Completes Acquisition of Silver Exploration Assets in Bolivia
Pantera Silver Corp. has filed for final approval from the TSX Venture Exchange for its acquisition of the Rakanco Project, comprising 17,975 hectares of mineral claims in Bolivia. This project aims to enhance their silver portfolio and initiate exploration activities.
Bravada Cancels Previously Announced Financing
Bravada Gold Corporation has announced it will not proceed with a planned private placement of 10 million units, previously set to raise $350,000. The company focuses on exploring high-quality properties in Nevada, aiming for gold and silver resource development.
African Energy Metals Announces Option Agreement to Acquire a 100% Interest in Ninobamba Advanced Silver Gold Project in Peru and Private Placement
African Energy Metals Inc. has signed an option agreement with Rio Silver Inc. to earn a 100% interest in the Niñobamba silver-gold project in Peru. The project has substantial prior exploration investment and promising historical results, offering a significant development opportunity.
Valhalla Metals Provides an Update on President Trump Executive Order Reinstating the Record Of Decision For The Ambler Access Road
Valhalla Metals Inc. announces updates on the Ambler Access Road project, which is key for accessing critical metals for green energy. An Executive Order by President Trump reverses Biden-era policies, imposing a moratorium on previous decisions and reinstating earlier approvals.
Nine Mile Metals Announces Private Placement
Nine Mile Metals Ltd. plans a private placement of up to 18.5 million units at $0.021 each, raising up to $157,500 for operating expenses. The offering includes common shares and warrants, with specific terms for cash commissions and settlement of loans.
Sitka Increases Gold Mineral Resource Estimate to 1.3 Million Ounces Indicated and 1.5 Million Ounces Inferred at Its RC Gold Project in Yukon
Sitka Gold Corp. announced an updated Mineral Resource Estimate (MRE) for its Blackjack gold deposit in Yukon, showing significant increases to 1.291 million ounces indicated and 1.044 million ounces inferred at higher grades. The company plans 30,000 m of drilling to expand resources further.
Free Battery Metal Limited Announces Property Acquisition
Free Battery Metal Limited has acquired 100 additional claims, expanding its Mound Lake Property to 343 claims over 6,800 hectares, enhancing its strategic position for lithium and other critical battery metals in a region with growing exploration activity.
SRC Provides VLF-EM Interpretation for Skye Gold Zone
Stakeholder Gold Corp. announced results from a VLF-EM geophysical survey at its Ballarat Gold-Copper Project in the Yukon, part of its 2024 exploration program. The survey identified significant copper anomalies and structural features related to gold occurrences.
Silver Bullet Mines Corp. Announces Extension of Closing Date of Financing
Silver Bullet Mines Corp. has received TSXV approval to extend the closing of its financing by 30 days, now set for January 24, 2025. The financing includes Units priced at $0.12 each, aimed at funding development programs in Arizona and Idaho, plus working capital.
Tombill Provides Update On Their Old Mine & Talmora Stockpiles
Tombill Mines Limited has updated on exploration at its Tombill Old Mine and Talmora Mine, highlighting recent sampling from legacy stockpiles. Results indicate varying gold grades, with plans for further resource assessment in the 2025 field season.
US Critical Metals Announces Amended Terms of Non-Brokered Private Placement Offering of Units
US Critical Metals Corp. has amended its non-brokered private placement, planning to offer up to 24 million units at C$0.05 each for gross proceeds of C$1.2 million, alongside a concurrent offering of 2 million units. Proceeds will fund exploration projects.
Fathom Provides 2024 Year in Review and Outlook for 2025
Fathom Nickel Inc. reviews its 2024 activities and outlook for 2025, highlighting advances in its Gochager Lake and Albert Lake nickel projects despite challenging market conditions. The company sees strong investment potential due to exploration successes and interest from major players.
Seabridge Gold Expands Iskut's Snip North Target and Prepares to Initiate Resource Definition Drilling in 2025
Seabridge Gold announced significant drill results from the Snip North project, intersecting 382m of gold and copper mineralization. The discovery indicates a large hydrothermal system with two mineralization styles, targeting resource delineation in 2025.
QIMC Announces Major Natural Hydrogen Results: High of over 7000 PPM at 50m Shallow Depth in Fault Zone amid Harsh Winter Conditions at St-Bruno-de-Guigues Hydrogen Project
Québec Innovative Materials Corp. (QIMC) announced significant hydrogen concentration breakthroughs at its St-Bruno-de-Guigues project, with measurements exceeding 7000 ppm. The results confirm deep geological sources for hydrogen, highlighting environmental benefits and positioning QIMC as a leader in sustainable energy.
Atlas Lithium's Processing Plant Prepares for Shipment to Brazil
Atlas Lithium Corporation announced its modular dense media separation (DMS) lithium processing plant has been completed and is set for shipment from South Africa to Brazil, marking a significant step in lithium production and reducing project risks.
Ucore Awarded Funding by Ontario Critical Minerals Innovation Fund
Ucore Rare Metals Inc. has secured $500,000 from Ontario's Critical Minerals Innovation Fund to enhance its RapidSX™ technology at its Kingston facility. This funding aims to strengthen the North American rare earth supply chain and boost competitiveness against Chinese producers.
Omai Gold Drills Its Best Hole to Date: 4.48 g/t Au over 57.0m, Extending Wenot's Mineralized Dike Corridor to Depth
Omai Gold Mines Corp. announced strong drilling results from its 2024 program at the Wenot deposit, with significant gold intercepts. The program aimed to expand mineralization, extend known zones to 400-450m depth, and increase shallow drilling.
Pacific Ridge Announces Effective Date of Share Consolidation
Pacific Ridge Exploration Ltd. announces a consolidation of its common shares, effective January 23, 2025, at a ratio of 1:10. This aims to attract capital for new copper and gold projects in America, with approximately 17M shares post-consolidation.
Sanu Gold Discovers High Grade Zone Returning 51m of 3.1 g/t Au at Daina Permit While First-Ever Drill Program at Diguifara Permit Confirms Wide Mineralization
Sanu Gold Corporation announced the discovery of a new high-grade gold zone at its Daina permit and confirmed extensive mineralization at the Diguifara permit in Guinea. The recent drilling program revealed significant gold grades and further exploration is planned.
Capitan Silver to Receive Strategic Investment from Jupiter Silver & Gold Fund as Part of a Non-Brokered Private Placement to Raise up to C$4.2 Million
Capitan Silver Corp. plans to raise up to C$4.2 million via a non-brokered private placement, led by Jupiter Gold & Silver Fund. The offering involves issuing up to 10.5 million units at C$0.40 each, aimed at funding exploration and corporate expenses.
DynaResource Announces 2025 Guidance and Preliminary 2024 Operating Results
DynaResource, Inc. announces its preliminary 2024 results and 2025 guidance for its San Jose de Gracia mine, projecting gold production of 27,000-30,000 ounces, AISC of $1,850-$2,050, and significant investments in operational efficiency and exploration for future growth.
Infinico Announces the Start of Fixed Loop Surface Electromagnetic Survey at the Nicobi Nickel, Copper and Cobalt Property
Infinico Metals Corp. has started a Fixed Loop Fluxgate Surface Electromagnetic Survey at the Nicobi Property in Québec to identify drill targets based on previously detected conductive features. The survey aims to explore potential Ni-Cu sulphide mineralization near Showing A.
Forum Announces Drill Results from Qavvik: 296 Metres of Uranium Mineralization; 8.2% U3O8 over 0.5 Metres and Multiple Intercepts Greater than 1%
Forum Energy Metals Corp. reports successful drill results from its Qavvik anomaly at the Aberdeen Project, revealing a 296-meter zone of uranium mineralization with grades up to 8.2% U3O8. The findings indicate open-pit potential and suggest the area may develop into a significant uranium district.
Founders Metals Makes First High-Grade Gold Discovery of 2025; 17.8 m of 5.68 g/t Au at Surface in New Zone
Founders Metals Inc. has announced a significant high-grade gold discovery at the Antino Gold Project in Suriname, with assays up to 66.8 g/t Au. The company has initiated drilling on new targets, aiming to expand gold mineralization with a fully funded 2025 drill plan.
Nexus Uranium Mobilizes to Cree East Ahead of Drilling Program
Nexus Uranium Corp. has mobilized crews and begun camp construction for its winter drill program at the Cree East uranium project in Saskatchewan's Athabasca Basin. The program aims to explore high-priority targets, supported by completed access roads and facilities.
Spanish Mountain Gold Provides Project Update and Announces 2025 Exploration Drill Program
Spanish Mountain Gold Ltd. updates on its SMG Project in British Columbia, aiming for a build decision by 2027. The company plans to complete a new Mineral Resource Estimate and Preliminary Economic Analysis in H1 2025, with new exploration targets identified.
Shine Minerals Announces Namibia Gold Exploration Opportunities
Shine Minerals Corp. is exploring gold opportunities in Namibia's Damara Orogenic Gold Belt, known for its significant gold deposits. The region offers favorable investment conditions for foreign mining companies. Shine focuses on mineral resource development and exploration.
Nova Pacific Metals Announces Major Expansion of Drill Program at Lara VMS Property Following Comprehensive Database Updates
Nova Pacific Metals Corp. is expanding its drill program at the Lara VMS Project on Vancouver Island from 19 to 49 holes, totaling 10,000 meters, following a comprehensive review of historical data. This aims to enhance resource estimation and uncover the project's potential.
Thor Explorations Announces Exercise of Share Options and Director Dealings
Thor Explorations Ltd. has exercised share options for 5.4 million common shares at 20 cents each, raising C$1.08 million. Additionally, 2.74 million shares were issued under a net settlement plan. A total of 8.14 million new shares will be admitted to trading on January 24, 2025.
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