Mining News Releases & Company Updates - Page 99
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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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Nexa Increases Its Equity Interest in Tinka Resources
Nexa Resources S.A. has entered an equity subscription agreement with Tinka Resources Limited, acquiring nearly 10 million units for C$985,915.50. This increases Nexa's ownership in Tinka to approximately 19.86%, along with warrants for additional shares, subject to certain restrictions.
Nova Pacific Metals Closes Flow-Through Financing of $2,640,540
Nova Pacific Metals Corp. has closed a non-brokered private placement, issuing 6,287,000 flow-through shares at $0.42 each, raising over $2.6 million for its 2025 exploration program at the Lara project, aimed at updating its mineral resource estimate.
E-Power Resources Inc. Announces Flow-Through Private Placement
E-Power Resources Inc plans a non-brokered private placement to raise $150,000 by issuing up to 1,875,000 flow-through units at $0.08 each. Proceeds will fund eligible exploration expenses at the Tetepisca Graphite Property in Quebec, with tax benefits for subscribers.
Equity Metals Reports 431g/t AgEq over 7.6 Metres and 710g/t AgEq over 3.3 Metres from Fall Drill Program on the Silver Queen Property, BC
Equity Metals Corporation announced initial assay results from its Fall '24 drill program at the Silver Queen project in British Columbia, revealing significant gold and silver mineralization, with high-grade intercepts and promising continuity in the No. 3 Vein resource.
Kirkland Lake Discoveries Corp. Announces Private Placement
Kirkland Lake Discoveries Inc. plans a non-brokered private placement to raise up to $1.6 million by issuing flow-through and regular units. Proceeds will fund exploration and corporate purposes, pending TSX Venture Exchange approval.
Thesis Gold Closes $10 Million Private Placement
Thesis Gold Inc. has completed a brokered private placement, raising approximately $10 million by issuing 16.67 million shares at $0.60 each. The offering involves several agents and is subject to TSX Venture Exchange policies, with insider participation noted.
Belgravia Hartford Announces Founding & Funding of NodeVest
NodeVest, a subsidiary of Belgravia Hartford Capital, launches as a public market gateway for blockchain staking and yield strategies in Ethereum, Solana, Aave, Bittensor, and Sui. Led by new CTO Victor Cook, it aims to simplify access to cryptocurrency investments.
Lithium Corporation Adds New Antimony Claims Amid Rising Prices and China's Export Restrictions
Lithium Corporation has staked new antimony claims in British Columbia, expanding its critical minerals portfolio amid rising prices and China's export bans. This move aims to enhance US economic security by developing domestic sources of essential minerals like antimony.
Great Atlantic Stakes Millertown Junction Gold Property Covering Area of Reported Gold Bearing Quartz Boulders - Central Newfoundland
Great Atlantic Resources Corp. announced its subsidiary, Golden Promise Mines Inc., staked a mineral licence for the Millertown Junction Road Property in Newfoundland, adjacent to its Golden Promise Gold Property, which has reported significant gold samples.
Benton Intersects 21.1 m Massive Sulphide at Great Burnt Main Zone and Cuts 12.3 m Stringer Mineralization in Footwall Zone
Benton Resources Inc. has completed a drill hole at the Great Burnt Main Deposit in Thunder Bay, Ontario, targeting a parallel footwall conductor. Assays are pending, and the company confirmed high-grade copper mineralization, planning further drilling in January.
Velocity Provides Additional Transaction Update On Sale of Bulgarian Assets
Velocity Minerals Ltd. has updated the sale of the Rozino gold project and Bulgarian assets for $59 million, extending the exclusivity period for Türker Mining to January 17, 2025, and increasing the initial deposit to $16.5 million, with associated fees.
Forge Extends Non-Binding Letter of Intent to Acquire a Controlling Interest in Aion Mining Corp
Forge Resources Corp. has extended its exclusivity period with Aion Mining Corp. to January 16, 2025, to negotiate acquiring a 60% stake in Aion for $5 million. The deal includes cash and shares, anti-dilution rights, and requires customary approvals.
Cascada Mobilizes for Phase II Angie Diamond Drill Program and Completes Drone-Based Magnetometer Survey
Cascada Silver Corp. has initiated equipment mobilization for the Phase II diamond drilling program at the Angie Copper Molybdenum Property, following a successful magnetometer survey and a previous drill program confirming mineralization.
Lion One Drills 1517.79 g/t Gold over 0.3 M at Tuvatu Gold Mine in Fiji
Lion One Metals Limited announced high-grade gold results from infill and grade control drilling at its Tuvatu Gold Project in Fiji. Notable assays include values up to 1517.79 g/t. The drilling focused on specific lodes near underground development.
Minaurum Enters into New Long Term Community Agreements at its Alamos Silver Project
Minaurum Gold Inc. has secured 29-year ejido community agreements for its Alamos silver project in Sonora, Mexico, allowing exploration and mining across 6,000 hectares. The unanimous local support enhances project stability and progress towards silver resource development.
ACME Lithium Announces Termination of Option Agreement with Eagle Battery Metals
ACME Lithium Inc. announces that Eagle Battery Metals Corp. has terminated its option to acquire an interest in ACME's Fish Lake Valley lithium project due to market conditions. ACME focuses on developing battery metal projects in North America.
Omai Gold Appoints Elaine Ellingham Executive Chairman and Derek Macpherson Lead Director
Omai Gold Mines Corp. has appointed Elaine Ellingham as Executive Chairman and Derek Macpherson as Lead Director. Ellingham, also President and CEO, aims to enhance shareholder value and anticipates strong results in 2025, following a positive Preliminary Economic Assessment for their Guyana project.
Cruz Battery Metals Provides Update on Proposed Spin Out of Hector Property by way of Plan of Arrangement and Announces Share Distribution Date of December 23, 2024
Cruz Battery Metals Corp. announces the completion of its Arrangement to spin out Makenita Resources Inc. Shareholders approved the plan, and the final court order was issued. The spinout, transferring rights to the Hector Silver-Cobalt Project, is set for December 23, 2024.
Silver Dollar Identifies Two New IP Anomalies at the Ranger-Page Project Where Drilling is in Progress
Silver Dollar Resources Inc. reports on the Ranger-Page Project in Idaho's Silver Valley, detailing findings from induced polarization surveys. The final report identifies two new prospects, Osburn and West Buckeye, and suggests further work to refine drilling targets.
Kenorland Minerals Provides an Exploration Update and Grants Stock Options
Kenorland Minerals Ltd. updates on its exploration across multiple Canadian provinces and Alaska, reporting a working capital of $27.2 million. It completed a $9.86 million financing, with Centerra acquiring 9.9% of shares. The 2024 exploration budget is over $27.5 million.
Elemental Altus Royalties Notes US-Canada Funding Covering Mactung Royalty and Development Plans at Western Queen
Elemental Altus Royalties Corp. acknowledges Fireweed Metals Corp.'s receipt of up to C$35.4 million in government funding for the Mactung Project and Rumble Resources' plans to expedite development at the Western Queen Gold Project, where Elemental holds royalties.
Summa Silver Outlines Timeline for Mineral Resource Estimates on the Hughes and Mogollon Projects, Southwest United States
Summa Silver Corp. announced updates on its Hughes and Mogollon silver-gold projects, revealing inaugural mineral resource estimates (MRE) are due in early 2025. The MREs will be based on extensive drilling, including historic data verification, highlighting significant mineralization.
Metals Creek Provides Update on Tillex Copper Project
Metals Creek Resources Corp. announced the completion of a diamond drilling program at the Tillex Copper Project in Ontario, aiming to enhance the geological model and mineralization understanding. Initial visual results show promising chalcopyrite mineralization, with further analysis pending.
Delta I-Zone Channel Samples Return 1.23 g/t Gold Over 40.6 metres and 2.4 g/t Gold Over 16.2 metres In a 5 metre Wide Dike at Surface at The Delta-1 Property in Thunder Bay, Ontario
Delta Resources Limited announces promising assay results from channel sampling at the I-Zone of its Delta-1 Expansion Property in Thunder Bay, Ontario, highlighting gold mineralization with significant grades, and indicating a potential for further exploration.
Doubleview Gold Corp Adds to Its Mineral Claims at the Hat Project
Doubleview Gold Corp has staked nine additional claims at its Polymetallic Hat Project in British Columbia, expanding the total area to 18,114 hectares. The company’s exploration program shows promising results, particularly in copper, cobalt, and scandium content.
Bonterra Intersects Near-Surface Mineralization Near Its Bachelor Mill Complex at Its 100% Owned Desmaraisville South Project
Bonterra Resources Inc. announced initial assay results from its diamond drilling campaign at the Desmaraisville South Project in Quebec, highlighting discoveries of four new gold mineralized zones near its Bachelor Mill Complex. The company aims to further explore these promising targets.
Benz Announces Results of Annual General and Special Meeting
Benz Mining Corp. announced that all resolutions at its Annual General and Special Shareholder Meeting were approved, with 41 million shares voted. The company is focused on gold exploration, owning projects in Quebec and Western Australia, enhancing its multi-jurisdictional presence.
Arrow Announces Reaching Target Depth for The Alberta Llanos-1 Exploration Well
Arrow Exploration Corp. announced the successful drilling of the Alberta Llanos-1 well in Colombia, reaching target depth and encountering multiple hydrocarbon-bearing reservoirs. The company plans to start production testing and will proceed with drilling additional wells.
District Receives Conditional Approval from the Nasdaq First North Growth Market in Sweden
District Metals Corp. has received conditional approval to list its Swedish depository receipts on Nasdaq First North, pending certain conditions. The approval would change its status under Canadian securities laws, and the company seeks exemptive relief to maintain its "venture issuer" status.
York Harbour Announces Private Placement of Units
York Harbour Metals Inc. is conducting a non-brokered private placement to raise up to $300,000 by issuing 6,000,000 units at $0.05 each. CEO Blair Naughty plans to increase his stake from 14.8% to approximately 20%. The company focuses on mineral exploration in Newfoundland.
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