Mining News Releases & Company Updates - Page 87
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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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Go Metals Stakes Natural Hydrogen Targets
Go Metals Corp. has acquired five new projects in Ontario and Quebec through its subsidiary, Deep Hydrogen Corp., focusing on geologic hydrogen exploration. The projects, totaling 5,641 hectares, leverage AI and traditional methods to identify hydrogen indicators in the Canadian Shield.
Barksdale Announces Replacement Convertible Debentures
Barksdale Resources Corp. is seeking TSX Venture Exchange approval to extend the maturity date and reduce the conversion price of $1.5 million in convertible debentures held by Delbrook Capital. They also plan to issue new warrants and settle interest through unit issuance.
KWG Resources Inc Is Honoured to Be Selected as a Member of the USA Defense Industrial Base Consortium
KWG Resources Inc. has joined the USA Defense Industrial Base Consortium to enhance collaboration for defense solutions. The company has staked claims for a transportation corridor in Ontario, aiming to connect the Ring of Fire to existing infrastructure, including electrification systems.
Legacy Gold Announces Appointment of Michael Michaud to Board of Directors and Grant of Stock Options
Legacy Gold Mines Ltd. appoints Michael Michaud to its Board of Directors, leveraging his 30+ years of global gold exploration experience. His expertise will aid in advancing the Baner Gold Project and exploring growth opportunities. Stock options granted to Michaud.
Winter Drill Program Resumes at the 3Ts Project, BC
Independence Gold Corp. has resumed the second phase of its 10,000 m winter drill program at the 3Ts Project in British Columbia, focusing on multiple vein systems. Previous drilling yielded 3,222 m, with results pending. The company also raised funds through warrant exercises.
Fuerte Metals Geophysical Survey Confirms Two Significant Porphyry Cu-Au Targets at its Placeton Project, Chile
Fuerte Metals Corporation announced promising results from geophysical surveys at its Placeton Project in Chile, revealing two undrilled copper-gold targets. The project, located near significant mining deposits, is now prepared for drilling to explore these targets further.
Endurance Announces Near-Surface Drilling Results from Eagle Zone - Highlights include 5.15 gpt Gold over 21.6 m and 6.51 gpt gold over 14.0 m
Endurance Gold Corporation announced positive assay results from the Eagle and Crown Zones at its Reliance Gold Project, revealing multiple gold-rich intercepts from recent drilling. Highlights include significant gold grades, demonstrating potential for further exploration.
Awalé's Transformative 2024 Sets the Stage for an Ambitious 2025
Awalé Resources highlights achievements in 2024, including significant gold targets at Charger and BBM zones, strong financial backing, enhanced leadership, and a robust 2025 exploration plan to uncover regional potential and drive growth for shareholders.
Tudor Gold Intensifies Exploration Efforts by Initiating Permitting for Construction of Underground Exploration Infrastructure to Expand and Complete Drilling of Supercell One Zone at Treaty Creek, Golden Triangle of British Columbia
Tudor Gold Corp. has begun the permitting process for 3,000 meters of underground development at its Treaty Creek Project to access the high-grade Supercell One Zone for exploration. This initiative aims to reduce drilling costs and time, enhance exploration, and support future mining operations.
Ivanhoe Electric's Typhoon(TM) Technology Quickly Proves its Power with Discovery in Saudi Arabia
Ivanhoe Electric's joint venture with Ma'aden reported successful drilling at the Umm Ad Dabah prospect, revealing copper mineralization beyond 700 meters. Utilizing advanced TyphoonTM technology, the partnership aims to explore Saudi Arabia for various metals efficiently.
TriStar Announces a $1.5 Million Non-Brokered Private Placement and a Change in Officers
TriStar Gold Inc. announces a non-brokered private placement to raise up to C$1.5 million at C$0.13 per share for its Castelo de Sonhos project. The offering closes around January 27, 2025, pending regulatory approvals. Additionally, Mr. Scott Brunsdon becomes Corporate Secretary following Mr. Brian Irwin's retirement.
Forum Announces Final Assay Results from Tatiggaq; Drill Intercept Identifies Potential New Zone 300 Metres North of the Tatiggaq Deposit
Forum Energy Metals Corp. announces positive assay results from eight drill holes at the Tatiggaq anomaly in Nunavut, indicating potential new uranium zones and expanding the project's footprint. CEO Rick Mazur highlights the area's significant exploration potential.
Radisson Provides 2025 Outlook and Exploration & Development Plans for the O'Brien Gold Project
Radisson Mining Resources Inc. outlines its 2025 exploration and development plan for the O'Brien Gold Project in Quebec, with a focus on drilling to extend gold mineralization, completing metallurgical studies, and increasing environmental studies, backed by a C$6.8M budget.
Dryden Gold Corp. Reports Surface Rock Samples Grading up to 34.80 g/t Gold at Hyndman Property
Dryden Gold Corp. reports positive results from its 2024 summer exploration at the Hyndman Property, revealing five gold samples over 1 g/t, including one at 34.8 g/t. The campaign validated previous findings and identified additional exploration targets based on geophysical studies.
Silicon Metals Corp. Announces 100% Acquisition of the Longworth Silica Project
Silicon Metals Corp. has exercised its option to acquire 100% interest in the Longworth Silica Project in British Columbia, which features high-purity silica deposits. The company aims to build on prior exploration efforts and historical findings of significant silica content.
Auric Minerals Announces Hardline Exploration for Geological and Exploration Consulting
Auric Minerals Corp. has signed a consulting agreement with Hardline Exploration Corp. and Jeremy Hanson for geological and exploration services as it prepares for field programs in Labrador's Central Mineral Belt on its uranium properties.
RETRANSMISSION: Cruz Battery Metals Acquires the Central Clayton Valley Lithium Brine Project in Nevada Completely Surrounded by SLB's Property
Cruz Battery Metals Corp. plans to acquire the 580-acre Central Clayton Valley Lithium Brine Project in Nevada, expanding its total footprint to 820 acres. The acquisition aims to capitalize on the project's potential amid rising domestic lithium production demands.
Thor Explorations Announces Strong Q4 2024 Gold Production, 2025 Operating Guidance and Details of Investor Webinar
Thor Explorations Ltd. announced its Q4 and FY 2024 operational update for the Segilola Gold mine, reporting 85,057 oz of gold produced in 2024, with Q4 gold sales generating $62 million. The company has cleared its senior debt and projects 85,000-95,000 oz production for FY 2025.
Newpath Resources Reports Voting Results from Annual General Meeting
Newpath Resources Inc. announced the results of its Annual General Meeting on January 10, 2025, where 21.11% of shares were represented. All submitted matters, including the re-election of directors and auditor appointment, were approved.
Indico Resources Announces Proposed Share Consolidation
Indico Resources Ltd. plans to consolidate its shares at a rate of 10:1, reducing outstanding shares from 11.3 million to approximately 1.1 million, to improve capital raising efforts. The consolidation requires TSX Venture Exchange approval.
Enertopia Announces Consolidation of Share Capital
Enertopia Corporation is implementing a 20-for-1 share consolidation effective January 15, 2025, to enhance its capital structure for better financing opportunities. Post-consolidation, shares will total approximately 7.76 million, trading under ticker ENRT.
Centurion Minerals Ltd. Provides Status Report of Annual Financial Statements and MD&A
Centurion Minerals Ltd. reports a bi-weekly default status due to delays in filing its annual financial statements, leading to a management cease trade order for its CEO and CFO. The company aims to complete the filings by January 27, 2025.
Cordoba Minerals Announces the Receipt of US$10 Million Bridge Financing from JCHX
Cordoba Minerals Corp. has secured $10 million in bridge financing from JCHX Mining to advance its Alacran Copper-Gold-Silver Project in Colombia. The funding will support engineering work and general corporate needs, aiding the project's progression towards construction.
General European Strategic Investments Inc. Announces the Passing of our CEO and Board Chairman
General European Strategic Investments Inc. announces the passing of CEO Wolfgang Rauball on January 4, 2025. The Board is seeking a successor while assuring shareholders of continued commitment to projects and initiatives during this transition.
Alma Gold Provides Corporate Update
Alma Gold Inc. announces the resignation of Paul Ténière from its Board of Directors, effective January 7, 2025, while he continues as a technical consultant. The company expresses gratitude for his contributions and outlines its gold exploration projects in Guinea and New Brunswick.
DynaResource Announces Results of its 2024 Annual Meeting of Stockholders
DynaResource, Inc. announced the results of its 2024 annual stockholders' meeting, where new directors were elected, the 2024 Equity Incentive Plan was approved, and Davidson & Company LLP was ratified as auditors. CEO Rohan Hazelton expressed gratitude to stockholders.
EnGold Announces Management Changes
EnGold Mines Ltd. announces interim appointments of Dale Reimer as CFO and John K. Brown as Chairman due to vacancies. The company focuses on copper, gold, silver, and magnetite exploration in its Lac La Hache property in British Columbia.
York Harbour Announces Change of Auditor
York Harbour Metals Inc. has changed auditors from MS Partners LLP to Manning Elliott LLP effective January 10, 2025. There were no issues with the former auditor's reports, and this change has been filed as required. The company focuses on mineral exploration in Newfoundland.
East Africa Metals Announces Closing of Non-Brokered Private Placement
East Africa Metals has completed a non-brokered private placement, raising CAD$500,000 by issuing 3.33 million shares at CAD$0.15 each, backed by a strategic investor. Proceeds will fund legal, accounting, and working capital. TSX-V approval pending.
US Critical Metals Announces Non-Brokered Private Placement of Units
US Critical Metals Corp. plans a non-brokered private placement of up to 10 million units at C$0.05 each, aiming to raise up to C$500,000 by January 31, 2025. Proceeds will fund various mining projects and general working capital.
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