Mining Intelligence Articles & Market Analysis - Page 94
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Solis Announces: Drilling Commenced at Ilo Este Copper Gold Project, Peru
Solis Minerals starts 5,000m drilling at Ilo Este, Peru, testing copper-gold targets in a prolific district with promising historical results and new exploration data.
Golden Rapture and Mine CA Gold Enter into a Multi-million Dollar Earn-In and Joint Venture Agreement
Golden Rapture grants Mine CA Gold an option to acquire up to 75% interest in the Phillips Township Gold Project through payments, share issuance, and exploration funding.
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Equity Metals Reports First Assays from No. 3 North 2025 Expansion Drilling, Including 540 g/t AgEq over 3.5m, Silver Queen Property, BC
Equity Metals reports positive assay results from drill program at Silver Queen project, confirming mineralization extension and vein continuity, with multiple veins intersected and ongoing exploration.
Nickel 28 Releases Ramu Q2 2025 Operating Performance
Nickel 28 reports strong Q2 2025 results from Ramu mine, with increased nickel and cobalt production, lower costs, and favorable cobalt prices, setting up for a strong second half.
EDM Announces Positive Results of the Dense Media Separation Study
EDM reports DMS pilot tests at Scotia Mine show improved grades, high recoveries, reduced costs, and potential for increased zinc and lead production, boosting project economics.
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Mogotes to Acquire 100% of Argentina Land Package
Mogotes Metals Inc. has amended an agreement with Golden Arrow Resources to acquire 100% of the Filo Sur project in Argentina for C$1 million and C$3.1 million in shares, including a 1.5% NSR. This strengthens Mogotes' position in a key copper exploration area.
Chakana Pivots to La Joya High-grade Silver Discovery and Proposes Share Consolidation
Chakana Copper Corp. plans to expand its exploration efforts in 2025, focusing on the La Joya high-grade silver discovery and the Mega-Gold porphyry target area, while relinquishing its interest in the Aija option. A proposed share consolidation is also initiated.
Solis Minerals Provides Updated on Exploration Activities at the Cinto Project in Peru
Solis Minerals Limited announced significant copper porphyry mineralization at the Cinto Project in Peru, with key findings including 23.4m at 0.88% Cu. The project, located near Toquepala mine, shows geological similarities and plans for drilling are set for 2025.
Apex Closes First Tranche of Financing
Apex Resources Inc. has closed the first tranche of a non-brokered financing, raising $190,000 by issuing 3.8 million units at $0.05 each. Each unit includes a warrant for additional shares at $0.10, expiring in two years. Further financing aims to raise up to $750,000.
Exploits Appoints Douglas Cater as New Chair of the Board of Directors and Establishes Opportunities Committee
Exploits Discovery Corp. has appointed Douglas Cater as Chair of its board of directors, citing his extensive experience in the mining industry. Cater, a professional geologist with over 40 years in exploration, will guide the company's strategic direction.
F3 Announces Exploration Programs at Broach and Minto Properties
F3 Uranium Corp has initiated geophysical exploration on its Broach and Minto Properties in British Columbia, utilizing ground EM techniques to identify conductive corridors for potential drilling. The aim is to enhance exploration effectiveness in these areas.
Defiance Silver Closes Second Tranche of Private Placement
Defiance Silver Corp. has closed a second tranche of its non-brokered private placement, issuing 7,803,000 units for C$1,560,600. The total from all tranches is expected to reach C$3,300,000, with proceeds for exploration and working capital.
NorthX Nickel Announces Closing of Non-Brokered Subscription Receipt Financing and Provides Update on Corporate Matters
NorthX Nickel Corp. has closed a non-brokered private placement, raising $1.3 million by issuing 26 million subscription receipts at $0.05 each. These receipts will convert to units upon meeting certain conditions related to an asset acquisition by Magna Mining.
Infinitum Announces Resignation of Director
Infinitum Copper Corp. announces the resignation of director Marco Roque, thanking him for his contributions. The company is focused on its La Adelita project in Mexico, holding an 80% interest, and is exploring the Hot Breccia project in Arizona.
Azincourt Energy Announces Marketing Services Agreements
Azincourt Energy Corp. has signed a marketing service agreement with Native Ads for up to $150,000 to launch a digital media campaign over 24 months, focusing on click costs and content distribution. They also have a 6-month consulting agreement with Plutus for European market strategies.
Kuya Silver Announces Issuance of Equity Awards
Kuya Silver Corporation announces a grant of 500,000 RSUs and 1,335,000 stock options to directors, officers, and employees under its equity incentive plan. The options are exercisable until February 2030 at $0.315 each, with a hold period until June 2025.
Element 29 Resources Engages Torrey Hills Capital
Element 29 Resources Inc. has engaged Torrey Hills Capital to enhance its market presence in the U.S. for $8,000/month over three months. The company also granted stock options, deferred share units, and restricted share units to its directors and employees.
Capitan Silver Announces Revision of Warrant Terms in Respect of Its Previously Announced Offering
Capitan Silver Corp. revised its warrant Acceleration Right for a private placement of up to 13,250,000 units at C$0.40 each, potentially raising C$5.3 million. The exercise price for warrants is C$0.50, with an expiry acceleration option under specific conditions.
York Harbour Appoints Joseph Cullen to the Board
YORK HARBOUR METALS INC. has appointed Joseph Cullen to its Board of Directors following Leo Power's resignation. Cullen brings over nine years of experience in public markets and corporate finance. The company focuses on mineral exploration in Newfoundland.
Pacific Bay Announces New CFO
Pacific Bay Minerals Ltd. announces the appointment of Philip Ellard as the new CFO, replacing Leanora Brett, who will remain as Corporate Secretary. The company is also awaiting TSX Venture Exchange approval for its acquisition of the Pereira-Velho Gold Project in Brazil.
Medaro Mining Announces Shares for Debt Settlement
Medaro Mining Corp. announced a debt conversion agreement to settle $98,474.50 owed to creditors by issuing 1,047,601 shares at $0.094 each. This aims to improve financial stability without creating new control or insider involvement, pending CSE approval.
Galleon Gold Receives Invitation to Submit Closure Plan for West Cache Project Bulk Sample Program
Galleon Gold Corp. has received an invitation from the Ministry of Mines to submit a Closure Plan for a Bulk Sample at its West Cache Gold Project. This plan includes project details, financial assurance for land restoration, and aims for responsible development and community engagement.
E-Power Starts Metallurgical Testwork at SGS Canada Inc
E-Power Resources Inc. has begun metallurgical testing on samples from its Tetepisca flake graphite property in Quebec, aiming to achieve >95% graphite carbon concentrates. The results will guide further evaluation and drilling priorities for the property.
First Andes Silver Appoints Ian Stalker as Executive Chairman and Director, James Hutton as Advisor and Announces Private Placement Financing of $1,000,000
First Andes Silver Ltd. has appointed Ian Stalker as Executive Chairman and James Hutton as an advisor. Stalker brings over 50 years of mining experience, having led major projects and raised over $1 billion. Hutton has extensive experience in resource and capital markets.
Homerun Resources Inc. Announces Offtake Agreement with Sengi Solar for the Supply of High-Quality Solar Glass
Homerun Resources Inc. has signed a non-binding offtake agreement with Sengi Solar for the supply of 20,000 tons of solar glass annually, starting from Homerun's new production plant. This partnership aims to enhance local supply chains and reduce costs and emissions.
Millennial Announces Closing of Second Tranche of Private Placement for Total Proceeds of $3,793,200
Millennial Potash Corp. has closed the second tranche of a private placement, raising $2.1 million by issuing 7 million units. The funds will support the Banio Potash Project and general operations. Shareholder approval was received prior to closing.
North Peak Announces CEO Transition
North Peak Resources Ltd. appointed Rupert Williams as CEO and director, while Brian Hinchcliffe remains Executive Chairman. Williams brings extensive financing experience, having raised over £500 million for mining companies. The company anticipates growth following a successful drilling campaign.
C3 Metals and Nine Miles of Smiles Partner to Bring Dental and Educational Oral Hygiene Outreach to Bellas Gate, Jamaica
C3 Metals Inc. partnered with Nine Miles of Smiles to provide dental care and hygiene education in Bellas Gate, Jamaica, supported by an RCF Foundation grant. The initiative served 175 individuals through a mobile clinic, promoting health and community empowerment.
Canadian Gold Corp. Announces Tartan Mine Delivers Rich Results
Canadian Gold Corp. reports positive exploration results from the Tartan Mine Gold Project in Manitoba, highlighting significant gold intersections from their Phase 4 drill program. Key findings include 19.4 gpt gold over 4.5 metres and 8.0 gpt gold over 5.2 metres, indicating resource expansion potential.
Atlas Lithium to Present at Fastmarkets Battery Raw Materials Shanghai 2025 Conference
Atlas Lithium Corporation will participate in the Fastmarkets Battery Raw Materials Shanghai 2025 Conference on February 25-26, 2025. Lili Wu will present on February 26, highlighting the company's strategic efforts in lithium supply and engagement in the Asian market.
Sierra Madre Reports Record Monthly Production from the Guitarra Mine Complex
Sierra Madre Gold and Silver Ltd. announced record production at its Guitarra Mine Complex in Mexico for January 2025, achieving full commercial production. The company shipped 349.48 dry metric tonnes of concentrate and plans to release detailed financials in 2025.
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.
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