Mining News Releases & Company Updates - Page 82
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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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Spanish Mountain Gold Announces New Power Line to Site is Advancing
Spanish Mountain Gold Ltd. has begun Stage 2 of its System Impact Study with BC Hydro for a new power line to supply 60 MW of renewable hydroelectric power to its project in British Columbia, aiming for a sustainable energy source and project enhancements by 2027.
Argyle Announces Private Placement Offering
Argyle Resources Corp. plans to conduct a non-brokered private placement offering units at $0.42 each, aiming to raise about $1 million. Each unit includes a common share and a warrant. The offering will not be registered in the U.S. and is for Canadian natural resource projects.
STLLR Gold Appoints VP Sustainability and Regulatory Affairs
STLLR Gold Inc. has appointed Dr. Meghan Shannon as VP of Sustainability and Regulatory Affairs. With extensive experience in mining and Indigenous Affairs, she will aid in advancing the Tower and Colomac projects, focusing on permitting and collaboration.
South Pacific Metals Upsizes its Previously Announced $4 Million Non-Brokered Private Placement Offering to $6.3 Million in Response to Investor Interest
South Pacific Metals Corp. has increased its non-brokered private placement offering to 13,125,000 units at C$0.48 each, aiming for gross proceeds of C$6.3 million. The funds will support exploration in Papua New Guinea and cover administrative costs, with a closing date set for January 29, 2025.
Endurance's High-Grade Gold Intersections Featured at Core Shack AME Roundup Conference
Endurance Gold Corporation will exhibit at the 2025 AME Roundup Conference, showcasing drill core from their Reliance Gold Project, highlighting significant gold intersections. The project is located in southern British Columbia, near historic gold mining areas.
Belgravia Hartford's Wholly-Owned Subsidiary NodeVest IO Inc. Increases Investment in Sui Coin & Announces Addition of Robert De Jaray as Advisor & Consultant
Belgravia Hartford Capital Inc. announces Robert De Jaray as a consultant for its subsidiary NodeVest IO Inc., enhancing their crypto market strategies. The company also increases its investment in Sui Blockchain by $50,000, citing a favorable regulatory environment.
Great Atlantic Resources 8th Drill Hole Intersects High Grade Gold in Two Veins: Vein 1 - 42.70 G/T Gold over 0.82 Meters; Vein 2 - 39.18 G/T Gold over 0.52 Meters
Great Atlantic Resources Corp. announced positive gold findings from hole GP-24-164 at the Jaclyn Main Zone in its Golden Promise Gold Property. The hole revealed two quartz veins with high gold grades, supporting plans for a bulk sample extraction in 2025.
Palamina Identifies Multiple Manganese Pathfinder Anomalies at the Galena Silver Copper Project
Palamina Corp. completed a soil sampling program at its Galena Silver Copper Project in Peru, identifying significant silver, copper, and manganese anomalies. The findings suggest potential for Carbonate Replacement Deposits (CRD) similar to nearby mines, with plans for further exploration.
Cascada Amends Angie Project Option Agreement
Cascada Silver Corp. announced amendments to the payment structure for the Angie Copper Molybdenum Project, reducing the 2025 payment from $300,000 to $163,750 and increasing the 2026 payment. The changes aim to support ongoing exploration activities.
Ridgeline Minerals Expands Copper-Gold Porphyry Targets with Infill IP Survey at the Big Blue Project, Nevada
Ridgeline Minerals Corp. announced positive results from its Phase II induced polarization geophysical survey at the Big Blue copper-gold project in Nevada. The survey expanded the identified chargeability high, indicating a potential porphyry source for historical copper skarn mining.
Max Resource Announces Closing of Second Tranche of Financing in Australian Subsidiary
MAX Resource Corp. announced the closing of a non-brokered private placement for Max Iron Brazil Ltd., raising AUD $2.5 million by issuing 25 million ordinary shares. The funds will support the Florália DSO Hematite Iron Ore Project and general expenses.
Kinross Gold Exploration Update on Riley Gold's PWC Gold Project Including 2025 Drill Planning Underway (Cortez District - Nevada)
Riley Gold Corp. provided an exploration update on its Pipeline West/Clipper Gold Project, operated by Kinross Gold. Kinross initiated drilling to explore for gold-hosting rocks, successfully identifying significant geological formations at depths that could indicate gold deposits.
Battery Mineral Resources Announces Receipt of Second Payment and Closing of Previously Announced Royalty Financing with Electric Royalties
Battery Mineral Resources Corp. announced the receipt of a C$450,000 payment related to a C$3.5 million royalty sale to Electric Royalties, granting a 0.75% royalty on its Punitaqui copper mine in Chile. The company is optimistic about its 2025 production outlook.
Blue Star's Target Series: Auma Prospect High-Grade Gold at Surface, +400 Metres of Strike, Drill-Ready
Blue Star Gold Corp. will showcase at AME Roundup 2025, announcing a promising new target at its Auma Property in Nunavut, featuring high-grade gold samples and strategic proximity to Gray's Bay Road for future development. The site shows significant exploration potential.
Legacy Gold Prospecting at the Baner Gold Project, Idaho Finds 20 Historic Shafts and Adits and Returns 29.3 g/t Au Sample
Legacy Gold Mines Ltd. announced promising results from its Baner Gold Project in Idaho, including high-grade gold assays from bedrock and boulders. The project, recently acquired, shows potential with 20 historic mine shafts identified and ongoing exploration efforts.
Myriad Uranium Announces Major Expansion of the Copper Mountain Project Area to Lock Up Mineralised Extensions, Historical Resources, and Key Targets
Myriad Uranium Corp. has expanded its Copper Mountain Project Area from 4,200 to 9,320 acres, guided by insights from a 2024 drill program and historical data. The expansion includes several new prospects with confirmed uranium mineralization and potential for other minerals.
Independence Gold Intersects 35.00 Metres Grading 2.78 g/t Gold and 25.05 g/t Silver, Including 4.83 M Grading 17.35 g/t Gold and 150.93 g/t Silver, at the 3Ts Project, BC
Independence Gold Corp. announced assay results from the first phase of its 10,000 m winter drill program at the 3Ts Project in British Columbia, confirming continuity of gold and silver mineralization with notable high-grade findings in several drill holes.
Benton Intersects 22.0 m Grading 7.47% Copper Including 8.0 m Grading 11.93% Copper and Confirms Footwall Zone at Great Burnt
Benton Resources Inc. has reported significant copper results from the Great Burnt Main Zone in Thunder Bay, confirming mineralization in a parallel Footwall Zone. Drilling continues to explore this new copper-gold horizon and delineate further mineralization.
Cosa Resources Announces Drilling Plans for Murphy Lake North Uranium Project, Athabasca Basin, Saskatchewan
Cosa Resources Corp. announced a core drilling campaign for the Murphy Lake North Project in Saskatchewan, a joint venture with Denison Mines. The campaign aims to explore shallow targets near the high-grade Hurricane Deposit, with drilling expected to start in February 2025.
Tower Resources Ltd. Announces Participation in the 2025 AME Roundup Conference
Tower Resources Ltd. will participate in the 2025 AME Roundup Conference in Vancouver from January 20-25, showcasing its exploration projects at Booth #1020. The event focuses on critical minerals and innovation in mining, attracting over 6,500 industry participants.
Auric Minerals Announces Convertible Debenture Financing and Raises $429,021 from Warrant Exercise
Auric Minerals Corp. announced a non-brokered financing of convertible debenture units for up to $1 million, raising $429,021 from exercised warrants. Proceeds will fund exploration, asset acquisition, and working capital. The company may pay finders' fees and issued forward-looking statements about the financing.
Ramp Metals Confirms New "Rush" Copper Discovery, Announces Mobilization for Geophysics Ahead of Drill Program
Ramp Metals Inc. announced a significant copper and gold discovery at its Rottenstone SW property in Saskatchewan, confirming three mineralized targets. Highlights include high-grade gold in drill results and plans for an extensive geophysics survey and upcoming drill program focused on these targets.
American Pacific Reports Significant Increase in Contained Copper with Updated Mineral Resource Estimate for its Palmer Copper-Zinc VMS Project in Southeast Alaska
American Pacific Mining Corp announced an updated Mineral Resource Estimate for its 100% owned Palmer VMS Project in Southeast Alaska, showing significant increases in copper and overall metal content. The update reflects successful drilling and enhanced resource confidence.
Purepoint Uranium Project Update
Purepoint Uranium Group Inc. updates stakeholders on exploration activities in Canada's Athabasca Basin, including recent surveys and upcoming drill campaigns across various joint ventures. Key projects involve refining drill targets and preparing technical reports for 2025.
Infinitum Announces Resignation of Directors
Infinitum Copper Corp. announces the resignations of Chairman Steve Robertson and director Garrick Mendham, thanking them for their contributions. The company is focused on advancing its La Adelita project in Mexico and has plans for the Hot Breccia project in Arizona.
Dryden Gold Intersects Additional High-Grade Gold at Elora, Expands Strike Length & Depth Potential
Dryden Gold Corp. reported successful drill results expanding the Elora Gold System in Gold Rock Camp, with notable gold grades from four holes totaling 1,172 meters. The company is fully funded for $5.8 million in exploration in 2025, with drilling set to resume in February.
DLP Announces Appointment of Derek White to Board of Directors and Provides Exploration Update
DLP Resources Inc. appointed Derek White as an independent director on January 20, 2025. White, with over 35 years in mining, previously led Ascot Resources and KGHM International. His extensive experience in exploration and operations will benefit DLP.
Defiance Silver Closes Initial Tranche of Private Placement
Defiance Silver Corp. has closed a first tranche of a non-brokered private placement, issuing 3,661,000 units at C$0.20 each for $732,200. Proceeds will fund exploration and working capital. Finder's fees were also paid. Approval from TSX Venture Exchange is pending.
Edgemont Announces Non-Brokered Private Placement of Units
Edgemont Gold Corp. announces a non-brokered private placement offering of up to 8.5 million units at C$0.05 each, aiming to raise C$425,000 for working capital. Each unit includes a share and a warrant, with a four-month hold period. Securities are not registered in the U.S.
Blackrock Silver Announces Grant of Long-term Incentive Awards
Blackrock Silver Corp. has granted 640,286 PSUs, 89,286 DSUs, and 1,320,307 stock options to directors, management, and consultants under its Omnibus Equity Incentive Compensation Plan. The options have an exercise price of $0.43 and various vesting conditions.
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