Mining Intelligence Articles & Market Analysis - Page 93
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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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Silver Elephant Increases Non-Brokered Private Placement to $465,000
Silver Elephant Mining Corp. has increased its private placement to 3,100,000 units, raising $465,000 at $0.15 per unit, pending Toronto Stock Exchange approval. Each unit includes a common share and a warrant. The company focuses on mineral exploration in Bolivia.
Forum Energy Metals and Global Uranium Announce Exploration Update on Drill Targeting, Northwest Athabasca Project, Saskatchewan
Forum Energy Metals Corp. and Global Uranium Corp. have completed reprocessing of historical EM data to enhance targeting for a winter 2025 drill program at the Northwest Athabasca Project in Saskatchewan, aiming to optimize exploration and identify high-potential uranium areas.
Argo Expands Mineral Claim Position in the Rottenstone Belt, Saskatchewan
Argo Gold Inc. has acquired 4,608 hectares of mineral claims in Saskatchewan's Rottenstone Belt, increasing its total to 26,600 hectares. Recent high-grade gold findings and historic data suggest potential for further exploration of gold, copper, and other metals in the area.
Blackrock Silver Announces Closing of $13.8 Million Bought Deal Public Offering; Overallotment Option Exercised in Full
Blackrock Silver Corp. closed a bought deal public offering of 38,334,100 units at $0.36 each, raising $13.8 million. The funds will support the Tonopah West project, including resource expansion and environmental studies, with a resource update anticipated in Q3 2024.
Thor Explorations Announces Board Change
Thor Explorations Ltd. announces the appointment of Franklin Edochie to its Board of Directors, replacing Osam Iyahen. Edochie brings 18 years of experience in the mining sector. The appointment is pending regulatory approval.
Indigo Exploration Inc. Announces Share Consolidation and Financing
Indigo Exploration Inc. plans a 2-for-1 share consolidation pending TSX-V approval to enhance financing flexibility and market perception. Post-consolidation, shares will reduce to approximately 32.9 million. The company will also conduct a private placement for up to $1.2 million.
Aftermath Silver Reports Near Surface High Grade Silver and Copper Results
Aftermath Silver Ltd. announced positive assay results from 22 holes of its Phase 2 drill program at the Berenguela project in Peru, highlighting significant silver, copper, and manganese intersections. The results aim to upgrade resources and explore new areas of mineralization.
Lion One Drills 6.7 m of 25.45 g/t Gold in Zone 2 at Tuvatu Gold Mine in Fiji
Lion One Metals Limited announced high-grade gold results from 3,791.3 meters of underground drilling at its Tuvatu Alkaline Gold Project in Fiji, focusing on two mineralized systems. Results include multiple bonanza grades, indicating potential mine plan integration soon.
Geologica Discovers Copper Showing at Topley
Geologica Resource Corp. announces the discovery of the Ruby copper showing at the Topley property in British Columbia, with significant copper, silver, lead, and zinc assays. The company has staked additional claims, expanding the total area to 4,402 Ha.
Medaro Mining Provides Corporate Update
Medaro Mining Corp. is suspending its lithium exploration and technology development in 2025 due to capital constraints and unfavorable market conditions. The company plans to seek strategic partners for its lithium projects and will explore other opportunities while monitoring the lithium market.
QIMC Announces Strategic Partnership with Q Precious & Battery Metals Corp for the Matane Hydrogen Project
Quebec Innovative Materials Corp. (QIMC) has formed a strategic partnership with Q Precious & Battery Metals Corp. (QMET) to advance the renewable hydrogen sector in Quebec. QIMC will receive shares and royalties, enhancing its role in the clean hydrogen industry.
Volta Renames Its Main Project as "Aki Project"
Volta Metals Ltd. announced the renaming of its projects to the Aki Project, honoring Anishinaabe culture, and plans to drill the high-grade Dempster East pegmatite. The company is seeking to raise up to $1,000,000 through a non-brokered private placement.
Kenorland Commences 2025 Winter Drill Program at the Frotet Project, Quebec
Kenorland Minerals Ltd. has initiated its 2025 winter exploration program at the Frotet Project in Quebec, focusing on 23,000m of diamond drilling at the Regnault gold system. The program aims to enhance understanding of vein geometry and continuity, following a successful summer drill campaign.
Kuya Silver Intersects Multiple >1,000 g/t Silver-Cobalt Veins in Wide Mineralized Zone At Campbell-Crawford Target, Silver Kings Project, Ontario, Canada
Kuya Silver Corporation reports promising drilling results from its 2024 program at the Silver Kings Project in Ontario, revealing high-grade silver-cobalt mineralization along the Angus-McNamara Vein System, with significant intersections enhancing known resources.
Drilling Progressing to Plan at Adyton's Fergusson Wapolu Project
Adyton Resources Corporation updates on its Wapolu Gold Project in Papua New Guinea, where drilling is progressing well with 15 holes completed. The company aims to establish mining viability, finalize permits, and relocate rigs to the Gameta Gold Project. First assay results expected in March 2025.
Snow Lake Energy Well-Funded to Advance Its Portfolio of Clean Energy Projects and Explore Nuclear Energy Opportunities
Snow Lake Resources Ltd. is set to advance its uranium and lithium projects amid a U.S. national energy emergency declaration. CEO Frank Wheatley emphasizes nuclear power's role in addressing energy demands and plans to pursue strategic opportunities in clean energy.
Magna Mining Provides Update on Acquisition of Properties from KGHM International Ltd.
Magna Mining Inc. is progressing towards finalizing its acquisition of base metals assets in the Sudbury Basin from KGHM, aiming to close the deal by February 2025. The company focuses on nickel, copper, and PGM projects, with key assets being the Shakespeare and Crean Hill Mines.
Heliostar Delivers Strong Shallow Oxide Gold Hits at the La Colorada Mine, Sonora, Mexico
Heliostar Metals Ltd. reports strong gold drilling results at La Colorada Mine, highlighting high-grade intercepts that suggest potential for underground mining. The ongoing 12,500-meter drill program aims to expand reserves ahead of a mid-2025 feasibility study and expansion decision.
Fieldwork Extends Gold Rock Camp Mineralized Trend with Surface Rock Samples grading up to 24.20 g/t gold
Dryden Gold Corp. announces successful results from its 2024 sampling campaign at Gold Rock Camp, confirming a two-kilometer extension of a mineralized trend. Six samples exceeded 5 g/t gold, prompting plans for further exploration and drilling at Mud Lake and beyond.
Copper Fox Announces 2025 Schaft Creek Program
Copper Fox Metals Inc. outlines its 2025 program for the Schaft Creek project in BC, aiming to transition from Scoping to Preliminary Feasibility Study stage. The program includes technical reviews, environmental data collection, and a C$15.8 million budget shared with Teck. Pre-production costs have exceeded C$60 million.
Core Nickel Commences Property-Wide Airborne Electromagnetic Surveys on its 100%-Owned Mel and Odei River Projects and Grants Stock Options
Core Nickel Corp. has initiated helicopter-borne geophysical surveys on its Mel and Odei River projects in Saskatchewan, using the VTEM™ Plus system. This will enhance exploration by covering 1,899 line-km, improving target prioritization and geological mapping.
Aurania Commissions Environmental Impact Study in Corsica
Aurania Resources' subsidiary, Corsica Ressources, has hired a French firm to conduct an environmental impact study for its nickel project at Nonza and Albo beaches in Corsica. The study aims to assess environmental effects and propose mitigation strategies while preserving local ecosystems and communities.
Taurus Gold Corp Announces Resignation of Director
Taurus Gold Corp. announces the resignation of Director Michael Rapsch, effective February 1, 2025. CEO Frank Lagiglia expresses gratitude for Rapsch's contributions. Taurus focuses on gold exploration and holds interests in the Charlotte property.
DFR Gold Inc. Announces Appointment of New Auditor
DFR Gold Inc. has appointed HDCPA Professional Corporation as its new auditor, replacing Davidson & Company LLP, effective January 29, 2025. There are no reportable events or modified opinions from the former auditor regarding DFR’s financial statements.
Sailfish Announces Voting Results from Annual General Meeting
Sailfish Royalty Corp. announced the results of its January 23, 2025, annual general meeting, where shareholders approved all proposals with 65.37% participation. Additionally, the company granted 2,075,000 stock options to directors and consultants, exercisable at $1.50 until 2030.
Austral Gold Files Q4 2024 Quarterly Activity Report
Austral Gold Limited has filed its Q4 2024 Quarterly Activity Report, available on various platforms. The release, approved by CEO Stabro Kasaneva, includes contact details for further information. TSX Venture Exchange disclaims responsibility for the release's accuracy.
BluMetric Announces Appointment of Mohsen Mortada to Board of Directors and Strategic Hires
BluMetric Environmental Inc. announces the appointment of Mohsen Mortada to its Board of Directors, effective February 1, 2025. Mortada, an expert in water utility management, will enhance BluMetric's mission in sustainable water solutions. Additionally, two new hires will support the WaterTech division's growth.
Cascada Announces Senior Leadership Changes
Cascada Silver Corp. appoints Robert Suttie as CFO and Secretary, replacing Thomas Pladsen, who resigns for personal reasons but remains on the Board. Suttie brings over 20 years of financial experience, and Cascada looks forward to his contributions.
Rain City Resources Inc. (RAIN) Completes Lithium Pilot Plant
Rain City Resources Inc. has launched a pilot plant to utilize Avonlea Lithium Corporation's ACCELi technology for direct lithium extraction. The plant, capable of processing 150 barrels-per-day, is set for a pre-commercial trial after a successful test. Avonlea seeks a site for the plant's operation.
Refined Energy Corp. Announces Plans for the Basin and Milner Projects Under Option from Searchlight Resources
Searchlight Resources Inc. announces progress on its Basin and Milner Projects, now under option to Refined Energy Corp. Refined has initiated exploration plans for summer 2025, focusing on uranium mineralization and utilizing various geophysical methods to identify drilling targets.
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