Mining News Releases & Company Updates - Page 83
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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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Forge Resources Corp Announces Extension to Non-Binding Letter of Intent
Forge Resources Corp. has extended its exclusivity period for a non-binding letter of intent with Aion Mining Corp. to February 7, 2025, involving a $5 million payment for shares and anti-dilution rights. The transaction is subject to standard approvals and due diligence.
West Vault Announces Grant of Share-Based Awards
West Vault Mining Inc. awarded 529,100 share-based awards, including 114,000 RSUs and 415,100 options at $0.96 each, to officers and staff. These awards are subject to a three-year vesting and TSX Venture Exchange acceptance, aimed at maximizing shareholder value.
Spark Energy Extends Pegmatite Trend to 28.4km at the Arapaima Lithium Project in Brazil's Lithium Valley
Spark Energy Minerals Inc. announced the discovery of a new 1.2km pegmatite corridor at its Arapaima Lithium project in Brazil, increasing the total trend to 28.4km. The company emphasizes the potential of its 64,359-hectare land package, with significant exploration opportunities remaining.
Lahontan Announces Private Placement of Common Shares
Lahontan Gold Corp. announces a non-brokered private placement financing of up to $720,000 by issuing 36 million common shares at $0.02 each, primarily for working capital and exploration at the Santa Fe Mine Project. The offering is mostly subscribed by existing shareholders.
Colibri Announces New Non-Brokered Private Placement; TSXV Final Acceptance on Prior Placement and Disclosure Correction
Colibri Resource Corporation plans a non-brokered private placement of up to 10 million units at $0.025 each, raising up to $250,000 for exploration projects in Mexico. The offering is subject to TSX Venture Exchange approval and may include insider participation.
RJK Explorations Update
RJK Explorations Ltd. has completed two diamond drill holes in Kirkland Lake, Ontario, testing for kimberlite but found none. They are negotiating to acquire additional claims with potential kimberlite targets and expanding their exploration to include precious and polymetallic metals.
District Publishes Company Description in Connection with Listing on the Nasdaq First North Growth Market in Sweden
District Metals Corp. has received approval for trading its depositary receipts on Nasdaq First North, with the first trading day set for January 23, 2025, pending conditions. The Company Description, outlining business details and governance, is now available but is not a prospectus.
Japan Gold Appoints Cailey Barker to Advisory Board
Japan Gold Corp. has appointed Cailey Barker to its Advisory Board, leveraging his 30+ years in mining and finance, including roles at BlackRock and as a senior mining analyst. His expertise aims to guide the company in its new development phase.
Forum Closes Final Tranche of Private Placement
Forum Energy Metals Corp. has closed a final tranche of a non-brokered private placement, raising $518,000 by issuing 6,475,000 shares at $0.08 each. The funds will support general working capital, with shares subject to a four-month hold period. Insider participation is noted as a related party transaction.
Riverside Resources Corporate Outlook and Milestones for 2025
Riverside Resources Inc. outlines its 2025 outlook, emphasizing achievements from 2024. With a strong financial position, high-potential exploration projects, and strategic partnerships, the company aims for growth and value creation in the resource sector, focusing on exploration in Canada and Mexico.
Bold Ventures Showcases New Gold Discovery and Recent New Results at Vancouver Resource Conferences
Bold Ventures Inc. will showcase its projects at the Vancouver Resource Investment Conference and AME Roundup, highlighting a recent high-grade gold discovery at its Burchell Gold and Copper Project. Key personnel will be present to discuss new sampling results.
First Phosphate Announces Filing of PEA Technical Report for the Bégin-Lamarche Phosphate Project, Saguenay-Lac-Saint-Jean, Quebec, Canada
First Phosphate Corp. announced the filing of its Preliminary Economic Assessment for the Bégin-Lamarche Phosphate Project in Quebec, indicating a potentially viable open-pit mining operation with significant annual production, strong IRR and NPV, and favorable logistics.
Goldshore Intersects 79.0m of 1.28g/t Au at the Southwest Zone of the Moss Deposit: Extends Mineralization from Current Resource Model in the Top 100 Meters from Surface
Goldshore Resources announced positive assay results from its 15,000-meter drill program at the Moss Gold Project in Ontario, aiming to expand mineralization and enhance resource estimates. Initial findings suggest increased gold grades and widths, potentially improving project economics.
Salazar Resources Announces Final Closing of Private Placement
Salazar Resources Limited announced the successful closing of a non-brokered private placement, raising $1.75 million by issuing 25 million shares at $0.07 each. Proceeds will fund working capital and exploration, with insider participation exempt from certain regulations.
RETRANSMISSION: Spearmint More than Doubles Its Crypto Exposure
Spearmint Resources Inc. has doubled its crypto holdings by purchasing more Solana, a high-speed blockchain platform. The company views this as a strategic move to enhance shareholder value and plans to continue diversifying into crypto while also developing its antimony and lithium projects.
Ivanhoe Mines Prices an Offering of US$750,000,000 Senior Notes Due 2030
Ivanhoe Mines Ltd. has announced a $750 million offering of senior notes due 2030, aimed at funding corporate purposes and project expansions. The offering is subject to customary conditions and includes forward-looking statements regarding its execution and outcomes.
Central Puerto and YPF Luz Sign a Strategic Agreement to Develop an Electric Power Transmission Line Project and Boost the Growth of Mining in the Northern Argentina Region
YPF Energía Eléctrica and Central Puerto have signed an agreement to develop a high-voltage interconnection project in Argentina's Puna region, aimed at supplying clean energy to mining projects. The initiative involves significant investment and infrastructure development.
Indigo Completes Phase 1 Drilling on its Uranium Project in Shirley Basin, Wyoming
Indigo Exploration Inc. has completed 48 out of 50 drill holes in its uranium project in Wyoming's Shirley Basin, exploring areas with past favorable results. The campaign aims to assess uranium mineralization and develop a stratigraphic model. Results are pending.
Impact Silver Intersects 14.13% Zinc over 2.2m Including 26.06% Zinc over 0.9m at the Plomosas Mine
IMPACT Silver Corp. announced promising drill results from its Juarez Mine area in Mexico, showing high-grade zinc, lead, and silver intersections. Ongoing exploration suggests potential for further mineralization, with positive CEO remarks on the findings.
Sixty North Gold Updates Its Drilling Plans on the Wholly-Owned Mon Gold Property, Yellowknife, NWT
Sixty North Gold Mining Ltd. plans to drill test Volcanogenic Massive Sulphide (VMS) targets at its Mon Gold Property this winter, based on recent geological surveys. Significant anomalies with promising mineral grades have been identified in the area.
Bayhorse Silver Submits 115 Meters Of Core Samples For Assay, And Plans Downhole Geophysical Surveys of the Bayhorse Silver Mine
Bayhorse Silver Inc. is submitting 77 assay samples from its drilling program at the Bayhorse Silver Mine in Oregon, targeting multiple elements including gold. The company plans a downhole geophysics program to identify additional drill targets and assess mineralization.
First Majestic Completes Acquisition of Gatos Silver
First Majestic Silver Corp. has completed its acquisition of Gatos Silver, with nearly unanimous shareholder approval. Gatos Silver is now a wholly-owned subsidiary, and its shareholders will receive shares of First Majestic. The acquisition aims to enhance First Majestic's portfolio and operations in Mexico.
Silver Bullet Mines Corp. Reaches Target Underground at Washington Mine in Idaho
Silver Bullet Mines Corp. announced the completion of the first phase of underground development at the Washington Mine in Idaho, including successful blasting and safety measures. The company plans to extract 2,500 tons of material and document mineralization.
Forum Energy Metals to Present at the AMEBC Roundup
Forum Energy Metals invites attendees to the AMEBC Roundup Conference in Vancouver on January 22-23, 2025, to discuss their 2024 drilling program at the Aberdeen Uranium Project. Dr. Rebecca Hunter will present on exploration success on January 21.
Decade Intersects 2.07 m of 3.18 % Copper and 43.48 g/t Silver
Decade Resources Ltd reports on their 2024 exploration drilling in Stewart, BC, covering 2639 meters in the Nobody Knows #2 zone. The project includes 59 mineral claims and revealed significant copper-silver mineralization, primarily bornite, with successful identification of multiple mineralized horizons.
Military Metals Announces Definitive Agreement for Purchase of Additional Claims at Its West Gore Antimony Property
Military Metals Corp. has signed an asset purchase agreement to acquire additional claims near its West Gore Antimony Project in Nova Scotia, consolidating the area that historically produced significant antimony. The acquisition involves 388 hectares for $235,000, with a 3% NSR.
Benton Provides Update and Reminds Shareholders of January 20th Record Date for Vinland Lithium
Benton Resources Inc. announces a corporate update for 2025, including an AGM on March 6 to approve a spinout of Vinland Lithium shares to shareholders. The company plans extensive drilling at existing projects and explores new gold discoveries while attending the Vancouver Resource Investment Conference.
Andean Precious Metals Reports Initial Results from Phase 2 Exploration Drilling Program and Management Changes at Golden Queen
Andean Precious Metals Corp. reported promising initial results from its 2024 Phase 2 exploration drilling at the Golden Queen mine, with notable gold and silver intersections in the Silver Queen SE Extension target. The program aims to extend mine life by increasing mineral resources.
Quetzal Copper Mobilizes for Maiden Drill Program at Princeton Copper Project, British Columbia
Quetzal Copper Corp. has initiated work on its Princeton Copper Project in British Columbia, targeting several promising copper sites. CEO Matt Badiali highlights the project's potential for discovery due to its favorable location and historical data supporting the drilling program.
Scottie Resources Intercepts 59.2 g/t Gold over 2.50 m and 35.2 g/t Gold over 2.00 m at Blueberry Contact Zone
Scottie Resources Corp. announced new high-grade gold assay results from its 2024 drilling at the Blueberry Contact Zone, part of the Scottie Gold Mine Project in BC. Notable intercepts include 59.2 g/t gold over 2.50 m and 35.2 g/t over 2.00 m, strengthening resource estimates.
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