Mining Intelligence Articles & Market Analysis - Page 95
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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.
Zodiac Gold Concludes Drilling Program with Strong Final Results, Including 18m at 4.67 g/t Au
Zodiac Gold reports positive assay results and successful Phase 3 drilling at Liberia's Todi Gold Project, confirming a robust mineralized corridor and continuity of high-grade zones.
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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.
Lion Rock Resources Reports Results from High-Resolution Magnetic Survey and 3D Inversion at Volney Project, South Dakota
Lion Rock reports magnetic survey results at Volney, confirming a large, high-grade gold system with expansion potential; drilling is imminent.
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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.
Green River Gold Corp. Requests Management Cease Trade Order to Allow for Finalization of Pending Annual Financial Statements and Management's Discussion and Analysis
Green River Gold Corp. has requested a temporary Management Cease Trade Order from the Alberta Securities Commission due to delays in filing its audited financial statements for the year ended September 30, 2024, caused by business complexity and CEO health issues.
Southern Silver Options Nazas Property, Mexico
Southern Silver Exploration Corp. has signed a letter agreement to acquire the Nazas exploration project in Durango, Mexico. The agreement allows the company to earn a 100% interest by making cash payments and completing drilling, with specific royalty terms outlined.
KWG Resources Inc Announces Proposed Private Placement of Units
KWG Resources Inc. announces a proposed private placement of up to 4.8 million units at $1.04 each, aiming to raise $5 million for mineral exploration and operational costs. Only accredited investors may participate, and securities will have a four-month hold period.
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Magna Mining Announces Upsize to Previously Announced Private Placement
Magna Mining Inc. is increasing its private placement of unsecured convertible debentures from C$15 million to C$22 million, alongside a common share offering. The funds will support Sudbury projects and general corporate needs, with closure expected by February 27, 2025.
Minera Alamos Announces Closing of Sabre Gold Acquisition
Minera Alamos has acquired Sabre Gold Mines and its Copperstone gold project, enhancing its North American production capabilities. The acquisition allows for a quick restart of the Copperstone mine, which has significant resources and is well-positioned for strong gold prices.
Lavras Announces Closing of C$15 Million Public Offering
Lavras Gold Corp. has completed a public offering, issuing 6,819,500 common shares at C$2.20 each, raising C$15,002,900. The offering included an over-allotment option, and shares were sold in Canada and through a private placement in the U.S. and offshore.
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