Mining News Releases & Company Updates - Page 85
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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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Valkea Resources Completes its Inaugural Drill Program at the Paana Project, Central Lapland, Finland
Valkea Resources Inc. has completed over 2,000 meters of drilling at its Paana Project in Finland, targeting gold mineralization at the Aarnivalkea West site. This inaugural program aims to refine their structural model and identify further opportunities, with assay results expected in February.
Forum Announces Increase in Financing
Forum Energy Metals Corp. has increased its non-brokered private placement from $1,250,000 to $1,350,000, issuing shares at $0.08 and flow-through units at $0.10. The offering is not registered under U.S. securities laws and remains as previously disclosed.
MineHub's 2024 Annual Update and Strategic Outlook for 2025
MineHub Technologies Inc. showcased strong growth in 2024 by expanding its global presence, onboarding key partners like Codelco, and enhancing its digital supply chain platform. Strategic partnerships and customer growth position the company for significant future expansion.
ESGold Corp. Unveils 2025 Outlook and Vision
ESGold Corp. outlines a transformative 2025, transitioning from preparation to execution with plans for production at the Montauban Project, exploration initiatives, and strategic financing to enhance shareholder value, emphasizing sustainable mining innovation.
Great Pacific Gold Announces High-Grade Gold Samples from Kesar's East Vein Zone, Drilling to Commence
Great Pacific Gold Corp. announced significant findings at its Kesar Project, including the discovery of high-priority targets Hampore and Fufunambi in the East Vein Zone. Recent sampling revealed exceptionally high-grade gold results, prompting continued exploration efforts.
Transition Metals Commences Drill Program at Its Saturday Night PGM Discovery, and Will Be in Attendance at VRIC and Roundup
Transition Metals Corp. has begun drilling at its Saturday Night PGM Project in Ontario, aiming to evaluate mineralization. The 2025 program is partially funded by a grant, and the company will also attend the Vancouver Resource Investment Conference and AME Roundup.
Andean Precious Metals Signs Exclusive Agreement to Purchase up to 100,000 Tonnes of Oxide Material from the Trapiche Concession in Bolivia
Andean Precious Metals Corp. has signed a Sale and Purchase Agreement with Empresa Minera Trapiche S.R.L. for up to 100,000 dry tonnes of oxide material from Bolivia. Initial delivery of 28,000 tonnes is due within 3 months, with compliance to quality and environmental standards.
CanAlaska Begins Three Drill Program at West McArthur Joint Venture
CanAlaska Uranium Ltd. has commenced a $12.5 million drilling program at the West McArthur project to expand the ultra high-grade Pike Zone uranium discovery. Three drills are focused on delineation, with the company aiming to increase its ownership in the joint venture with Cameco Corporation.
Big Ridge Gold Corp Provides Corporate Update and 2025 Objectives
Big Ridge Gold Corp. announced progress on the Hope Brook Gold Project, increasing its ownership to 80% and completing environmental studies and field programs. Upcoming plans include releasing exploration results and finalizing drill targets.
Imagine Lithium Intersects 11.50 m of 1.08% Li2O and 8.80 m of 0.81% Li2O at Casino Royale and Makes New Pegmatite Dike Discovery
Imagine Lithium Inc. announced successful results from its fall 2024 drill program at the Jackpot lithium project in Ontario, including the discovery of a new lithium pegmatite dike. Highlights include significant lithium grades and extensive geological mapping efforts.
Hercules Intersects 300m of 0.70% CuEq, including 138m of 1.01% CuEq, Starting 70m from Surface
Hercules Metals Corp. announces promising step-out drilling results from its Hercules Property in Idaho, revealing significant copper equivalent grades and expanding mineralization in multiple directions. Future drilling will target a large soil anomaly in the Eastern Block Zone.
C3 Metals Completes Soil Sampling over Khaleesi Copper-Gold Project, Peru - Commences Geophysical Surveys
C3 Metals Inc. has completed a soil sampling program at its Khaleesi Copper-Gold Project in Peru, with assays pending. A geophysical crew is mobilized for further data collection ahead of drilling. The project showcases potential in a mineral-rich area.
Rio Tinto and Ivanhoe Electric Acquire Land Positions on Eastern and Western Flanks of Intrepid Metals Corral Copper Property in Arizona
Intrepid Metals Corp. reports that Rio Tinto and Ivanhoe Electric have acquired mineral rights near its Corral Copper Project in Arizona, highlighting significant interest in the area. Intrepid plans further drilling in 2025, aiming to develop a major copper opportunity.
Peruvian Metals Achieves Record Throughput at Aguila Norte Processing Plant and Summarizes Major Achievements for 2024
Peruvian Metals Corp reported a record production of 33,889 tonnes at its Aguila Norte plant in 2024, marking a 12.2% increase from 2023. The company also consolidated its Palta Dorada project and acquired a 50% stake in San Maurizo Mines, enhancing its gold exploration efforts in Peru.
IsoEnergy Exercises Put Option to Strengthen Partnership with Purepoint
IsoEnergy Ltd. and Purepoint Uranium Group have established a 50/50 joint venture to explore 10 uranium projects in the eastern Athabasca Basin. IsoEnergy exercised a put option, enhancing its partnership with Purepoint and gaining access to its diverse portfolio.
IsoEnergy Exercises Put Option to Strengthen Partnership with Purepoint
IsoEnergy Ltd. and Purepoint Uranium Group Inc. have exercised a put option to establish a 50/50 joint venture for uranium exploration in the eastern Athabasca Basin, enhancing their partnership and enabling collaboration on 10 projects across 98,000 hectares.
Group Eleven Highlights Elevated Germanium Grades from Recent Drilling at Ballywire; Provides Drill Update
Group Eleven Resources Corp. has reported promising germanium assay results from its Ballywire zinc-lead-silver project in Ireland, showing strong Ge grades and ongoing drilling efforts. The company anticipates further assay results in 2025, highlighting increased exploration.
Dryden Gold Corp to Participate at the Metals Investor Forum and AME Roundup
Dryden Gold Corp. will participate in the Metals Investor Forum in Vancouver on January 17-18, 2025, featuring a presentation by President Maura Kolb. The company will also attend the AME Roundup on January 20-21, offering opportunities for investor engagement and insights.
Desert Gold Trench and Prospecting Results Showcase Opportunities for Resource Expansion
Desert Gold Ventures Inc. announced new gold resource data from 2010-2012 at Mogoyafara South and Linnguekoto West deposits, totaling 479,000 ounces of inferred resources at 1.09 g/t gold. Highlights include significant trenching and grab sample results.
Torex Gold Provides 2025 Operational Guidance and Updated Five-Year Production Outlook
Torex Gold Resources Inc. anticipates returning to positive free cash flow mid-2025 as it ramps up the Media Luna Project. The company outlines operational guidance for 2025, including production and capital expenditure forecasts, and a planned plant shutdown for upgrades.
Medaro Mining Terminates Yurchison Uranium Property Option Agreement
Medaro Mining Corp. has terminated its option agreement with Skyharbour Resources for the Yurchison uranium property, effective February 12, 2025. The company focuses on lithium exploration in Quebec and is involved in developing new lithium extraction processes.
Platinum Group Metals Ltd. Reports First Quarter 2025 Results
Platinum Group Metals Ltd. reports its financial results for Q4 2024 and updates on the Waterberg Project in South Africa, aimed at becoming a major low-cost underground PGM mine. The company is also working on battery technology initiatives using platinum and palladium.
Sabre Gold Shareholders Approve Acquisition by Minera Alamos
Sabre Gold Mines Corp. announced that shareholders approved a plan for Minera Alamos Inc. to acquire all Sabre shares at an exchange rate of 0.693 shares per common share. Additionally, they approved a debt settlement involving the issuance of shares to creditors.
First Majestic Announces Shareholder Approval in Connection with Gatos Silver Acquisition
First Majestic Silver Corp. has received shareholder approval to acquire Gatos Silver, Inc., exchanging up to 190 million common shares. Approximately 98.44% of First Majestic shareholders and 71.3% of Gatos Silver shareholders voted in favor. The transaction is expected to close by January 16, 2025.
Inomin Provides Project Update
Inomin Mines Inc. is conducting airborne surveys at its Beaver-Lynx project in British Columbia to identify drilling targets, with results expected in two weeks. The company is also raising capital through NFT Units and discussing potential partnerships for its La Gitana property in Mexico.
Big Red Mining Corp. Expands Antimony Soil Anomaly on Its Antimony 2.0 Property in New Brunswick
Big Red Mining Corp. updates on its Antimony 2.0 Project amid China's export ban on antimony, raising concerns over supply chain stability. Antimony prices have surged, and the project in New Brunswick aims to address North America's reliance on Chinese imports.
QIMC Strengthens Strategic Collaboration with Record Resources in the Temiskaming Hydrogen Camp
Quebec Innovative Materials Corp. announces a collaboration with Record Resources, which has secured a key property near QIMC's hydrogen discovery. This strengthens QIMC's position in the hydrogen sector, with QIMC receiving shares and a revenue royalty from Record.
Record Acquires Option on Key Temiskaming Hydrogen Property and Strengthens Strategic Collaboration with QIMC
Record Resources Inc. has entered an option agreement to acquire a key property in the Temiskaming hydrogen camp near QIMC's hydrogen discovery, enhancing its position in Ontario's renewable hydrogen sector and fostering collaboration with QIMC.
Golden Share Announces Approval of Reverse-Takeover Transaction and Voluntary Delisting from The TSX Venture Exchange
Golden Share Resources Corporation will voluntarily delist from the TSX Venture Exchange on January 23, 2025, following shareholder approval of a reverse takeover by Lipari Diamond Mines Ltd. The new entity will be named Lipari Diamond Mines Ltd., pending regulatory conditions.
CanCambria Energy Corp Announces Closing of Initial Tranche and Increase to Offering Amount
CanCambria Energy Corp has closed the first tranche of its private placement, raising $2.6 million by issuing 5,273,000 units at $0.50 each. The company plans to increase the offering by $1.225 million for its Kiskunhalas Project and general corporate needs.
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