Mining News Releases & Company Updates - Page 97
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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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Talon Metals Progresses State Environmental Review Process for Proposed Underground Nickel Mine near Tamarack, Minnesota
Talon Metals Corp. submitted an amended Environmental Assessment Worksheet for the Tamarack Nickel-Copper Project in Minnesota, aiming to address regulatory concerns and minimize environmental impacts by consolidating operations, reducing footprint, and improving stormwater management.
American Copper Development Corporation Announces Changes to Board of Directors
American Copper Development Corporation announced the resignation of Chairman Rick van Nieuwenhuyse and Director Curtis Freeman, effective December 17, 2024. Michael Murphy has been appointed interim Chairman. The company focuses on mineral exploration and property acquisition.
Golden Share and Lipari Receive Conditional Approval to List on Cboe Canada
Golden Share Resources and Lipari Diamond Mines announced conditional approval to list Golden Share's shares on Cboe Canada after a reverse takeover. The new entity, Lipari Mining Ltd., will focus on diamond production in Brazil, Angola, and Canada, with a private placement to raise funds.
Independence Gold Announces Closing of $2.0M Non-Brokered Private Placement
Independence Gold Corp. announced the closure of a non-brokered private placement, issuing 6,666,633 flow-through shares at $0.30 each, raising nearly $2 million. The funds will support exploration at the 3Ts Property in British Columbia, with finder’s fees also disclosed.
Phenom Identifies and Reports on Advancements of High-Grade Vanadium-Nickel Opportunity
Phenom Resources Corp. is advancing a high-grade vanadium-nickel processing project, driven by internal research and market interest. They have filed three US patents for processing innovations and seek a strategic partner for a processing plant utilizing waste materials.
Val-d'Or Mining Exploration Update, Perestroika / Perestroika Ouest Prospects, Eldorado Gold (Quebec) Inc. Options
Val-d'Or Mining Corporation has updated exploration activities at the Perestroika and Perestroika Ouest prospects in Quebec, which are under option to Eldorado Gold. The properties show gold mineralization potential, with historical drilling revealing high-grade gold intersections.
CanCambria Energy Corp Announces Completion of Seismic Interpretation - 2025 Well Locations Staked
CanCambria Energy Corp. has completed a technical evaluation of the Kiskunhalas tight-gas project in Hungary, achieving promising results from a 3D seismic program. Initial well locations are being established, with plans for pre-drill operations in 2025.
Belgravia Hartford Announces Plans for Initial Investment in Sui Through NodeVest IO Inc
Belgravia Hartford Capital Inc. plans a $100,000 investment in Sui blockchain via its subsidiary NodeVest IO Inc., in partnership with Karrier One. The investment aims for portfolio diversification and will focus on risk management and monitoring key blockchain metrics.
Forum Comments on Share Price
Forum Energy Metals Corp. announced it is unaware of any undisclosed information affecting its share price decline. The company is raising $1.25 million through shares and flow-through units for its Aberdeen Uranium Project, with ongoing assay results pending.
Onxy Gold Corp Recaps 2024 Exploration Work
Onyx Gold Corp. celebrates its growth in 2024, highlighting new gold discoveries and strategic acquisitions in Ontario and Yukon. The company emphasizes its exploration success and upcoming projects, while also congratulating Fireweed Metals on securing funding for regional infrastructure improvements.
MineHub Reports Third Quarter Financial Results
MineHub's revenue rose 19% year-over-year, with customers transacting $11.5 billion in commodities in FY 2025, reflecting strong engagement. Abaxx Technologies plans to increase its stake to 19.99%. MineHub focuses on expanding into Asian markets and digital innovation.
Valhalla Metals Provides an Update on Alaska Governor Dunleavy's Transition Report Submitted to the Trump Transition HQ Prioritizing the Ambler Access Road
Valhalla Metals Inc. updates on the Ambler Access Road, crucial for accessing strategic metals in Alaska. Governor Dunleavy urges President-elect Trump to reverse Biden's sanctions and restore mining permits to boost Alaska's economy and resource development.
Pelangio Exploration Completes UAV Magnetics Survey on Its Obuasi Project, Ghana
Pelangio Exploration Inc. has completed a high-resolution UAV airborne magnetics survey on its Obuasi property in Ghana, revealing promising untested targets and the extension of the Obuasi Mine trend. The results will aid in identifying and prioritizing mineralization targets.
Cosa Resources Reports Uranium Assays from the 100% Owned Ursa Project, Athabasca Basin, Saskatchewan
Cosa Resources Corp. reports positive assay results from its Ursa uranium Project in Saskatchewan, confirming significant uranium mineralization in drill hole UR24-06. The results indicate a promising geological environment with potential for multiple tier-1 deposits.
Kenorland Receives Notice of Exercise of Top-Up Right from Sumitomo and Centerra
Kenorland Minerals Ltd. announces that Sumitomo and Centerra intend to exercise their 'top-up rights' to maintain their share interests in the company, resulting in the issuance of 63,453 common shares. This follows their respective investor rights agreements.
Sixty North Gold Mining Plans Diamond Drilling on Its Wholly-Owned Mon Gold Property, Yellowknife, NWT
Sixty North Gold Mining Ltd. plans to drill test targets on its Mon Gold Property this winter, focusing on the newly discovered DD-Zone and four volcanogenic massive sulphide targets. The drilling aims to gather data for future mining development.
CopperCorp Intersects Broad Copper-Gold Mineralized System at Jukes
CopperCorp Resources Inc. announced significant assay results from drill holes JDD002 and JDD002W1 at the Jukes prospect in Tasmania, revealing a broad zone of copper-gold mineralization. The findings suggest a previously unknown IOCG body, prompting plans for further exploration in 2025.
Awalé Expands BBM Trend to Over 15km with Additional Newly Defined Targets Boba and Fett
Awalé Resources announces a significant expansion of the BBM gold trend to over 15 km, linking the Fremen, Boba, and Fett targets. A 150 km IP geophysical survey is set to refine drill targets for a planned 7,000-metre drilling program starting in February.
TriStar Reports Positive Response by Regulators on Castelo de Sonhos
TriStar Gold Inc. reports that their LP permit for the Castelo de Sonhos gold project in Brazil remains valid amidst inquiries from a Federal Public Prosecutor. Regulators have defended the permitting process, and the company is exploring financing options to proceed with the project.
IsoEnergy and Purepoint Uranium Complete Joint Venture
IsoEnergy Ltd. and Purepoint Uranium Group Inc. have launched a joint venture consolidating 10 uranium projects over 98,000 hectares in Saskatchewan. IsoEnergy will initially own 60%, with options for adjustments. The partnership aims to enhance uranium asset development in a prime region.
Snow Lake Energy Announces Pricing of Public Offering
Snow Lake Resources Ltd. announced a public offering of 15.75 million common shares at $0.41 each, aiming for $6.45 million in gross proceeds. The funds will support working capital and corporate purposes. The offering is set to close on December 20, 2024.
Canadian Copper Provides 2024 Summary and States 2025 Objectives
Canadian Copper Inc. reviews its 2024 progress and sets priorities for 2025, focusing on the Murray Brook deposit and Caribou Processing Complex in New Brunswick. Key activities include securing funding, asset consolidation, and initiating a Preliminary Economic Assessment.
Nexus Uranium Announces Commencement of Winter Access Road Construction to Cree East Project
Nexus Uranium Corp. has begun constructing a winter access road to its Cree East uranium project in Saskatchewan, enhancing logistics for an expanded drill program. The initiative supports operational efficiency, safety, and sustainability, aiming to advance exploration in the region.
Copper Fox Provides Preliminary Results of Geophysical Survey on the Sombrero Butte Porphyry Copper Project
Copper Fox Metals Inc. announced preliminary results from geophysical surveys at the Sombrero Butte copper project, revealing anomalous chargeability over a significant area. These findings support the presence of a large porphyry copper system, pending final report analysis.
Metal Energy Closes Private Placement
Metal Energy Corp. has closed a non-brokered private placement raising $1 million for its Highland Valley Copper Project. The offering included 8.8 million flow-through units at $0.05 each and 14 million units at $0.04 each, with warrants exercisable for common shares.
Nova Pacific Releases Complete Back-Pack Drilling Results at Lara
Nova Pacific Metals Corp. reported high-grade results from a drilling program at its Lara Project on Vancouver Island, highlighting significant intersections of gold, silver, zinc, lead, copper, and antimony in the Coronation Zone, confirming historic grades.
Eureka Lithium Corp Announces Flow Through Private Placement
Eureka Lithium Corp. plans a non-brokered private placement of up to 1,363,636 flow-through shares at $0.22 each, aiming for $300,000 by December 27, 2024, to fund its projects. The offering is subject to regulatory approvals and has a hold period of over four months.
Silicon Metals Announces Amended Terms of Offering and Closes $294,645 Initial Tranche
Silicon Metals Corp. has amended its non-brokered flow-through private placement, closing an initial tranche for $294,645 by issuing 4,533,000 units at $0.065 each. The offering aims to raise up to $350,000 for exploration in British Columbia, with potential finders' fees.
Geologica Announces Flow-Through Financing
Geologica Resource Corp. plans to issue 2,000,000 flow-through units at $0.05 each, aiming to raise $100,000 for exploration in British Columbia. The financing will support Canadian exploration expenses and is subject to a 4-month resale restriction.
Canterra Minerals Announces an Increase of Its Non-Brokered Private Placement of up to $4.6M Due to Investor Demand
Canterra Minerals Corporation has expanded its non-brokered private placement financing to raise up to C$4.6 million, offering Units at C$0.10 and Flow-Through Shares at C$0.12. Proceeds will fund exploration in Newfoundland and general corporate needs.
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