Mining Intelligence Articles & Market Analysis - Page 87
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Argyle Announces Renewal with Euro Digital Media
Argyle Resources extends a marketing deal with Euro Digital Media for one month, paying $500K, to promote its mineral exploration projects in North America.
Vizsla Royalties Announces Completion of Payment of Acquisition and Amendment to Compensation Plan
Vizsla Royalties completes a royalty acquisition in Mexico and amends its equity plan, doubling potential issuances, and grants stock options and RSUs to align staff with growth.
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ONGold Announces Filing of NI 43-101 Technical Report for the Monument Bay Gold Project and Provides Corporate Update
ONGold filed a NI 43-101 technical report on Monument Bay Gold Project, detailing historical mineral resources, extensive drilling, and exploration potential in Manitoba.
District Files NI 43-101 Technical Report for the Viken Deposit Mineral Resource Estimate in Sweden
District Metals filed a NI 43-101 report updating mineral resources at its Viken Project in Sweden, highlighting indicated and inferred resources for various minerals.
Kenorland Closes Atlantic Project Acquisition and Receives Notice of Exercise of Top-Up Right from Sumitomo and Centerra
Kenorland Minerals acquired 31,052 hectares of mineral claims in New Brunswick's Atlantic Project, enhancing its exploration portfolio for gold, polymetallic deposits, and other minerals.
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Continued Positive Results from Exploration Drilling, McFarlane Intersects Second Wide Zone of Gold Mineralization at McMillan Returning 51.6 Meters (m) of 2.0 Grams per Tonne (gpt) Gold, Containing a Higher-Grade Zone of 5.5 gpt Gold over 7.55 m That Included 16.1 gpt Gold over 1.8 m; Exploration Drilling Continues
McFarlane Lake Mining reports significant gold mineralization at the McMillan Gold Mine, with recent drilling revealing 2.0 gpt gold over 51.65 m, including higher grades. Drilling continues to explore the extent of this mineralization, which is open along strike and depth.
Pasofino Gold Wins Top African Gold Project at the 2025 Mining Indaba Dealmakers Den
Pasofino Gold Limited was awarded the Top African Gold Project at the 2025 Mining Indaba. CEO Brett A. Richards highlighted Liberia's potential for gold mining and the project's progress towards construction, emphasizing strong local support and strategic planning.
Denarius Metals Announces Finalization of US$9,000,000 Prepayment Financing with Trafigura for Its Zancudo Project
Denarius Metals Corp. has secured a prepayment agreement with Trafigura for up to $9 million to fund its Zancudo Project completion in 2025. The deal includes a commercial agreement for gold-silver concentrate sales and involves issuing 3 million warrants to Trafigura.
West Point Gold Names Andrew Bowering as Strategic Advisor
West Point Gold has appointed Andrew Bowering as a Strategic Advisor. With 35 years of experience in mineral exploration and development, he aims to enhance the company's growth and maximize stakeholder returns, particularly through their Gold Chain project.
Canadian Copper Provides Metallurgical Testwork Update
Canadian Copper Inc. announced positive rougher flotation results from metallurgical tests at the Murray Brook Deposit, aiming to support production efforts at the Caribou Process Plant. The tests evaluate recovery performance, necessary circuit changes, and inputs for a forthcoming PEA.
Neotech Metals Corp. Engages Dahrouge Geological for Targeting and Modelling at Hecla-Kilmer
Neotech Metals Corp. has partnered with Dahrouge Geological Consulting for geological modeling and review at its Hecla-Kilmer Niobium and Rare Earth Element project, with a budget of $51,000. This collaboration aims to evaluate mineralization and plan future drilling.
Questcorp Mining Announces Private Placement
Questcorp Mining Inc. plans a non-brokered private placement of up to 33 million units at $0.06 each, aiming for $1.98 million to fund the La Union Project acquisition, exploration, and general working capital, pending regulatory and shareholder approvals.
CORRECTION FROM SOURCE: Spark Energy Confirms Lithium-Bearing Pegmatites Along a Combined 21.5km Strike at its Arapaima Lithium Project
Spark Energy Minerals Inc. issued a corrected press release highlighting positive assay results from its Arapaima Lithium Project in Brazil, showing significant lithium concentrations in 70% of samples. The release includes a CEO quote and measurement details for soil samples.
Inspiration Energy Receives German Symbols and Now Formulating Plans for German Outreach Program
Inspiration Energy Corp. has obtained a German trading symbol, enabling it to pursue opportunities in the European market, particularly in mining. The company plans to leverage its Rottenstone North project to create shareholder value amidst high gold prices.
Tsodilo Resources Limited Announces Appointment of Director
Tsodilo Resources Limited announces the appointment of Mr. Mosimanegape Mogegeh to its Board of Directors, effective February 10, 2025, pending approval. Mogegeh brings over 20 years of financial services experience and will also serve on the boards of Tsodilo's Botswana subsidiaries.
District and Boliden Joint Technical Committee Approve 2025 Exploration Budget on the Tomtebo and Stollberg Properties and Commence Drilling at the Tomtebo Property in Sweden
District Metals Corp. has increased its 2025 exploration budget to CDN$3.0M for the Tomtebo and Stollberg Properties, marking a 50% rise from 2024. The funds will support geological mapping, sampling, and core drilling to assess high-grade mineralization in Sweden.
Advanced Gold Exploration Closes Private Placement
Advanced Gold Exploration Inc. has completed a non-brokered private placement, raising $25,000 by issuing 1,000,000 flow-through units at $0.025 each. The proceeds will fund eligible Canadian exploration expenses and support general corporate activities, subject to regulatory approvals.
Caprock Announces Shares for Debt Transaction
Caprock Mining Corp. is settling $100,000 of debt owed to CEO Vishal Gupta through a shares for debt transaction, issuing 2,000,000 shares at $0.05 each. The transaction is exempt from formal valuation and minority approval under MI 61-101 regulations.
Sylla Gold Announces Loans
Sylla Gold Corp. announced the issuance of $97,500 in unsecured, non-interest bearing promissory notes to various creditors for working capital, pending regulatory approvals. This transaction qualifies as a related party transaction under TSX policies, with exemptions applied.
Gladiator Announces Director Resignation
Gladiator Metals Corp. announces the resignation of director Ian Harris, thanking him for his service and wishing him success. The company provides contact information for investor relations and clarifies that the TSX Venture Exchange does not endorse this release.
Westmount Minerals Announces Private Placement of Common Shares
Westmount Minerals Corp. is initiating a non-brokered private placement of up to 25 million common shares at C$0.01 each, aiming to raise up to C$250,000 for working capital. The company will rely on a "financial hardship" exemption for shareholder approval.
Spark Energy Confirms Lithium-Bearing Pegmatites Along a Combined 21.5km Strike at its Arapaima Lithium Project
Spark Energy Minerals Inc. announced promising assay results from its Arapaima Lithium Project in Brazil, revealing high lithium concentrations in 70% of samples. The findings indicate significant lithium potential and guide the focus on drill targets in the area.
Southern Silver Announces Additional Increase to Non-Brokered Private Placement
Southern Silver Exploration Corp. is increasing its non-brokered private placement from $3M to $3.6M, offering 20M units at $0.18 each. Proceeds will fund the Cerro Las Minitas project and general corporate needs, pending regulatory approvals.
Independence Gold Appoints Senior Technical Advisor
Independence Gold Corp. has appointed Brian Booth as a Senior Technical Advisor. With over 40 years of experience in mineral exploration and capital markets, Booth has held key roles at various mining companies and contributed to significant projects and acquisitions.
TVI Pacific Announces Appointment of Successor Auditor
TVI Pacific Inc. has appointed Davidson & Company LLC as its new auditor, replacing PricewaterhouseCoopers LLC, which resigned. The board and audit committee approved the change, and shareholder ratification will be sought at the next annual meeting.
Southern Silver Increases Non-Brokered Private Placement
Southern Silver Exploration Corp. has increased its non-brokered private placement from $2.52 million to $3 million due to heightened interest. The funds will support the Cerro Las Minitas project in Mexico and general corporate needs, pending regulatory approvals.
Tower Encounters a New Style of Gold Mineralization with High-Grade Silver in Hole 058 at Rabbit North, Adding to the Exceptional Au Results from Holes 055 and 056
Tower Resources Ltd. announced positive assay results from its October 2024 drilling program at the Rabbit North property, revealing new gold and high-grade silver mineralization in Hole RN24-058, which includes significant intersections of galena and other metals.
CopperEx Announces Private Placement
CopperEx Resources Corp. is conducting a private placement to raise C$1.5 million by selling up to 26.67 million units at $0.05625 each. Proceeds will fund exploration in Chile and Peru. The offering includes related party transactions and requires TSX approval.
Copper Fox Announces Non-Brokered Private Placement Has Been Fully Subscribed
Copper Fox Metals Inc. has successfully completed a non-brokered private placement, raising $1.5 million by issuing 7,317,073 units at $0.205 each. The funds will support exploration and development projects and general corporate needs.
Lion One Announces $2 Million Sidecar Private Placement
Lion One Metals Limited plans a non-brokered private placement of up to 5.88 million units at $0.34 each, aiming to raise $2 million, subject to TSX-V approval. Proceeds will fund development in Fiji and corporate needs, with potential related party transactions involved.
Lion Rock Closes $2.16M Financing
Lion Rock Resources Inc. closed a non-brokered private placement of 21.6 million units at $0.10 each, raising $2.16 million. Funds will support the Volney Lithium Project and general working capital. Units include common shares and warrants, subject to trading restrictions.
Signature Resources Drilling Continues to Highlight a Larger Halo of Near Surface Gold Mineralization Highlighted by a New Drill Intercept of 47 Metres with an Average Grade of 2.43 g/t Gold from LM 24-07
Signature Resources Ltd. announced positive assay results from two drill holes in their 2024 program, confirming expanded near-surface gold mineralization using AI modeling. The results support the potential for a starter pit at the Lingman Lake Gold deposit, with further assays pending.
TriStar Announces First Tranche of $1.5 Million Non-Brokered Private Placement
TriStar Gold Inc. has completed the first tranche of a private placement, selling 7,019,777 shares at C$0.13 each for C$912,571. Proceeds will fund operations and the Castelo de Sonhos project. Insiders participated, qualifying as a related party transaction.
![MINERALRITE Corporation [Symbol: RITE] Announces Definitive Agreement Acquiring Subsidiaries Holding $432 Million in Audited Asset Value and Potential Sizable Additional Mineral Reserves Based on Previously Issued, Publicly Disclosed, Historical Reserve Reports](https://miningstocksnews-media.s3.amazonaws.com/media/articles/mineralrite-corp_mineralrite-corporation-symbol-rite-announces-definitive-agree_tt3TUDO.jpg)
MINERALRITE Corporation [Symbol: RITE] Announces Definitive Agreement Acquiring Subsidiaries Holding $432 Million in Audited Asset Value and Potential Sizable Additional Mineral Reserves Based on Previously Issued, Publicly Disclosed, Historical Reserve Reports
MINERALRITETM Corporation has finalized an agreement to acquire two subsidiaries holding four mineral assets formerly owned by NMC, Inc. The $432 million deal involves issuing shares and warrants, while RITE's stock value is expected to rise significantly post-transaction.
Dakota Gold Reports Significant Heap Leachable Gold at Richmond Hill Totaling 3.65 Million Ounces of Measured and Indicated Mineral Resources
Dakota Gold Corp. announced a robust heap leachable resource at its Richmond Hill Gold Project in South Dakota, totaling 3.65 million ounces of measured and indicated resources, with further drilling planned to expand this resource and inform a cash flow assessment by mid-2025.
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