Mining Intelligence Articles & Market Analysis - Page 98
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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 Bullet Mines Corp. Announces Extension of Closing Date of Financing
Silver Bullet Mines Corp. has received TSXV approval to extend the closing of its financing by 30 days, now set for January 24, 2025. The financing includes Units priced at $0.12 each, aimed at funding development programs in Arizona and Idaho, plus working capital.

Tombill Provides Update On Their Old Mine & Talmora Stockpiles
Tombill Mines Limited has updated on exploration at its Tombill Old Mine and Talmora Mine, highlighting recent sampling from legacy stockpiles. Results indicate varying gold grades, with plans for further resource assessment in the 2025 field season.

US Critical Metals Announces Amended Terms of Non-Brokered Private Placement Offering of Units
US Critical Metals Corp. has amended its non-brokered private placement, planning to offer up to 24 million units at C$0.05 each for gross proceeds of C$1.2 million, alongside a concurrent offering of 2 million units. Proceeds will fund exploration projects.

Fathom Provides 2024 Year in Review and Outlook for 2025
Fathom Nickel Inc. reviews its 2024 activities and outlook for 2025, highlighting advances in its Gochager Lake and Albert Lake nickel projects despite challenging market conditions. The company sees strong investment potential due to exploration successes and interest from major players.

Seabridge Gold Expands Iskut's Snip North Target and Prepares to Initiate Resource Definition Drilling in 2025
Seabridge Gold announced significant drill results from the Snip North project, intersecting 382m of gold and copper mineralization. The discovery indicates a large hydrothermal system with two mineralization styles, targeting resource delineation in 2025.

QIMC Announces Major Natural Hydrogen Results: High of over 7000 PPM at 50m Shallow Depth in Fault Zone amid Harsh Winter Conditions at St-Bruno-de-Guigues Hydrogen Project
Québec Innovative Materials Corp. (QIMC) announced significant hydrogen concentration breakthroughs at its St-Bruno-de-Guigues project, with measurements exceeding 7000 ppm. The results confirm deep geological sources for hydrogen, highlighting environmental benefits and positioning QIMC as a leader in sustainable energy.

Atlas Lithium's Processing Plant Prepares for Shipment to Brazil
Atlas Lithium Corporation announced its modular dense media separation (DMS) lithium processing plant has been completed and is set for shipment from South Africa to Brazil, marking a significant step in lithium production and reducing project risks.

Ucore Awarded Funding by Ontario Critical Minerals Innovation Fund
Ucore Rare Metals Inc. has secured $500,000 from Ontario's Critical Minerals Innovation Fund to enhance its RapidSX™ technology at its Kingston facility. This funding aims to strengthen the North American rare earth supply chain and boost competitiveness against Chinese producers.

Omai Gold Drills Its Best Hole to Date: 4.48 g/t Au over 57.0m, Extending Wenot's Mineralized Dike Corridor to Depth
Omai Gold Mines Corp. announced strong drilling results from its 2024 program at the Wenot deposit, with significant gold intercepts. The program aimed to expand mineralization, extend known zones to 400-450m depth, and increase shallow drilling.

Pacific Ridge Announces Effective Date of Share Consolidation
Pacific Ridge Exploration Ltd. announces a consolidation of its common shares, effective January 23, 2025, at a ratio of 1:10. This aims to attract capital for new copper and gold projects in America, with approximately 17M shares post-consolidation.

Sanu Gold Discovers High Grade Zone Returning 51m of 3.1 g/t Au at Daina Permit While First-Ever Drill Program at Diguifara Permit Confirms Wide Mineralization
Sanu Gold Corporation announced the discovery of a new high-grade gold zone at its Daina permit and confirmed extensive mineralization at the Diguifara permit in Guinea. The recent drilling program revealed significant gold grades and further exploration is planned.

Capitan Silver to Receive Strategic Investment from Jupiter Silver & Gold Fund as Part of a Non-Brokered Private Placement to Raise up to C$4.2 Million
Capitan Silver Corp. plans to raise up to C$4.2 million via a non-brokered private placement, led by Jupiter Gold & Silver Fund. The offering involves issuing up to 10.5 million units at C$0.40 each, aimed at funding exploration and corporate expenses.

DynaResource Announces 2025 Guidance and Preliminary 2024 Operating Results
DynaResource, Inc. announces its preliminary 2024 results and 2025 guidance for its San Jose de Gracia mine, projecting gold production of 27,000-30,000 ounces, AISC of $1,850-$2,050, and significant investments in operational efficiency and exploration for future growth.

Infinico Announces the Start of Fixed Loop Surface Electromagnetic Survey at the Nicobi Nickel, Copper and Cobalt Property
Infinico Metals Corp. has started a Fixed Loop Fluxgate Surface Electromagnetic Survey at the Nicobi Property in Québec to identify drill targets based on previously detected conductive features. The survey aims to explore potential Ni-Cu sulphide mineralization near Showing A.

Forum Announces Drill Results from Qavvik: 296 Metres of Uranium Mineralization; 8.2% U3O8 over 0.5 Metres and Multiple Intercepts Greater than 1%
Forum Energy Metals Corp. reports successful drill results from its Qavvik anomaly at the Aberdeen Project, revealing a 296-meter zone of uranium mineralization with grades up to 8.2% U3O8. The findings indicate open-pit potential and suggest the area may develop into a significant uranium district.

Founders Metals Makes First High-Grade Gold Discovery of 2025; 17.8 m of 5.68 g/t Au at Surface in New Zone
Founders Metals Inc. has announced a significant high-grade gold discovery at the Antino Gold Project in Suriname, with assays up to 66.8 g/t Au. The company has initiated drilling on new targets, aiming to expand gold mineralization with a fully funded 2025 drill plan.

Nexus Uranium Mobilizes to Cree East Ahead of Drilling Program
Nexus Uranium Corp. has mobilized crews and begun camp construction for its winter drill program at the Cree East uranium project in Saskatchewan's Athabasca Basin. The program aims to explore high-priority targets, supported by completed access roads and facilities.

Spanish Mountain Gold Provides Project Update and Announces 2025 Exploration Drill Program
Spanish Mountain Gold Ltd. updates on its SMG Project in British Columbia, aiming for a build decision by 2027. The company plans to complete a new Mineral Resource Estimate and Preliminary Economic Analysis in H1 2025, with new exploration targets identified.

Shine Minerals Announces Namibia Gold Exploration Opportunities
Shine Minerals Corp. is exploring gold opportunities in Namibia's Damara Orogenic Gold Belt, known for its significant gold deposits. The region offers favorable investment conditions for foreign mining companies. Shine focuses on mineral resource development and exploration.

Nova Pacific Metals Announces Major Expansion of Drill Program at Lara VMS Property Following Comprehensive Database Updates
Nova Pacific Metals Corp. is expanding its drill program at the Lara VMS Project on Vancouver Island from 19 to 49 holes, totaling 10,000 meters, following a comprehensive review of historical data. This aims to enhance resource estimation and uncover the project's potential.

Thor Explorations Announces Exercise of Share Options and Director Dealings
Thor Explorations Ltd. has exercised share options for 5.4 million common shares at 20 cents each, raising C$1.08 million. Additionally, 2.74 million shares were issued under a net settlement plan. A total of 8.14 million new shares will be admitted to trading on January 24, 2025.

Spanish Mountain Gold Announces New Power Line to Site is Advancing
Spanish Mountain Gold Ltd. has begun Stage 2 of its System Impact Study with BC Hydro for a new power line to supply 60 MW of renewable hydroelectric power to its project in British Columbia, aiming for a sustainable energy source and project enhancements by 2027.

Argyle Announces Private Placement Offering
Argyle Resources Corp. plans to conduct a non-brokered private placement offering units at $0.42 each, aiming to raise about $1 million. Each unit includes a common share and a warrant. The offering will not be registered in the U.S. and is for Canadian natural resource projects.

STLLR Gold Appoints VP Sustainability and Regulatory Affairs
STLLR Gold Inc. has appointed Dr. Meghan Shannon as VP of Sustainability and Regulatory Affairs. With extensive experience in mining and Indigenous Affairs, she will aid in advancing the Tower and Colomac projects, focusing on permitting and collaboration.

South Pacific Metals Upsizes its Previously Announced $4 Million Non-Brokered Private Placement Offering to $6.3 Million in Response to Investor Interest
South Pacific Metals Corp. has increased its non-brokered private placement offering to 13,125,000 units at C$0.48 each, aiming for gross proceeds of C$6.3 million. The funds will support exploration in Papua New Guinea and cover administrative costs, with a closing date set for January 29, 2025.

Endurance's High-Grade Gold Intersections Featured at Core Shack AME Roundup Conference
Endurance Gold Corporation will exhibit at the 2025 AME Roundup Conference, showcasing drill core from their Reliance Gold Project, highlighting significant gold intersections. The project is located in southern British Columbia, near historic gold mining areas.

Belgravia Hartford's Wholly-Owned Subsidiary NodeVest IO Inc. Increases Investment in Sui Coin & Announces Addition of Robert De Jaray as Advisor & Consultant
Belgravia Hartford Capital Inc. announces Robert De Jaray as a consultant for its subsidiary NodeVest IO Inc., enhancing their crypto market strategies. The company also increases its investment in Sui Blockchain by $50,000, citing a favorable regulatory environment.

Great Atlantic Resources 8th Drill Hole Intersects High Grade Gold in Two Veins: Vein 1 - 42.70 G/T Gold over 0.82 Meters; Vein 2 - 39.18 G/T Gold over 0.52 Meters
Great Atlantic Resources Corp. announced positive gold findings from hole GP-24-164 at the Jaclyn Main Zone in its Golden Promise Gold Property. The hole revealed two quartz veins with high gold grades, supporting plans for a bulk sample extraction in 2025.

Palamina Identifies Multiple Manganese Pathfinder Anomalies at the Galena Silver Copper Project
Palamina Corp. completed a soil sampling program at its Galena Silver Copper Project in Peru, identifying significant silver, copper, and manganese anomalies. The findings suggest potential for Carbonate Replacement Deposits (CRD) similar to nearby mines, with plans for further exploration.

Cascada Amends Angie Project Option Agreement
Cascada Silver Corp. announced amendments to the payment structure for the Angie Copper Molybdenum Project, reducing the 2025 payment from $300,000 to $163,750 and increasing the 2026 payment. The changes aim to support ongoing exploration activities.
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