• Montag, 23 Dezember 2024
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  • The plant will be the only operation of its kind in the U.S. - Ares Strategic Mining Inc. is pleased to announce the arrival of its state-of-the-art flotation plant at the Company's industrial site in Delta, Utah. This facility will be the first of its kind in the United States, representing a major milestone in domestic mineral processing and manufacturing. The plant was shipped from Asia, routed through Long Beach, California, and is now ready for installation. The flotation plant will enable Ares Strategic Mining to produce acidspar, a critical material used across multiple industries. This includes applications in chemical production, aluminum manufacturing, hydrofluoric acid , uranium enrichment, lithium-ion batteries, and advanced electronics. This facility is expected ...
  • Mawson Gold Ltd. announces Southern Cross Gold Ltd. welcomes this week's extremely positive announcements of the Victoria Allan Labor Government's Economic Growth Statement and the Critical Minerals Roadmap. In addition, the Victorian Government's approval of the Goschen and Avonbank Mineral Sands Projects represents the first new mineral sands mines permitted in Victoria since 2008 and marks a new chapter in Victoria's great mining history. These approvals demonstrate the government's commitment to developing Victoria's critical minerals sector. Southern Cross Gold extends its congratulations to VHM Limited and WIM Resources on achieving this significant milestone. The Critical Minerals Roadmap provides a clear framework for developing Victoria's substantial cri...
    12.12.2024
  • All cash offer of $1.67 per share representing a 58% premium to O3 Mining's closing price on December 11, 2024 Offer unanimously recommended by Board and Special Committee of O3 Mining and supported by shareholders representing 22% of outstanding shares of O3 Mining Agnico Eagle Mines Ltd. and O3 Mining Inc. are pleased to jointly announce that they have entered into a definitive support agreement , pursuant to which Agnico Eagle has agreed to offer to acquire, directly or indirectly, all of the outstanding common shares of O3 Mining at $1.67 per Common Share in cash by way of a take-over bid . The Offer is valued at approximately $204 million on a fully diluted in-the-money basis. The Premium Cash Offer The offer price of $1.67 per Common Share repre...
    12.12.2024
    von CNW
  • TSXV: ITR; NYSE American: ITRG www.integraresources.com Integra Resources Corp. is pleased to provide results from the infill, geotechnical-metallurgical, and exploration drill program at the Wildcat Deposit located in Nevada, USA. The 2024 drill program consisted of 10 holes, totaling ~1,940 meters . The drill program was designed to gather data from the heap-leachable material within the existing mineral resource, to test the potential blind high-grade breccia targets which are believed to be the feeder source of gold mineralization at Wildcat, and to demonstrate the continuity of mineralization. The drill program significantly improved the team's geological, geotechnical, and metallurgical understanding of the Deposit. The infill and geo-metallurgical holes intersected min...
    12.12.2024
    von CNW
  • Fireweed Metals Corp. is pleased to report the results of 15 drill holes from Boundary Zone and 9 exploration drill holes as part of the 2024 drill campaign at its Macpass Project. Highlights Hole NB24-015 from 29.81 metres downhole: 63.54 m of 6.08% zinc, 0.89% lead, and 10.7 g/t silver, including 2.75 m of 12.71% Zn, 0.31% Pb, and 24.8 g/t Ag; and 5.13 m of 30.63% Zn, 7.83% Pb, 40.3 g/t Ag . Hole NB24-013 from 21.98 m downhole: 65.92 m of 5.09% Zn, 0.42% Pb, and 15.3 g/t Ag, including 38.88 m of 6.58% Zn, 0.49% Pb, and 18.9 g/t Ag, also including 6.18 m of 18.91% Zn, 0.07% Pb, and 37.3 g/t Ag; and including 2.53 m of 27.03% Zn, 4.57% Pb, and 34.7 g/t Ag . Significant concentrations of germanium and gallium are associated with sphalerite mineralization . C...
  • HIGHLIGHTS: Heliostar plans to restart mining operations at La Colorada Mine in January, 2025 Mining to commence at the Junkyard Stockpile, a focus of recent work programs Heliostar Metals Ltd. is pleased to announce that the Company has undertaken a work program at the historical Junkyard Stockpile at the La Colorada Mine and plans to recommence crushing and stacking in January 2025. The planned restart would initially augment and then replace the current gold production from residual leaching at the mine. Heliostar CEO, Charles Funk, commented, "Recommencing mining operations at La Colorada is a key step for Heliostar to start 2025. The plan to recommence crushing and stacking, paused since September 2023, will drive the Company's guidance forecast next year. Over recent mo...
    12.12.2024
  • Texas Mineral Resources Corp. TMRC would serve as the managing partner of the joint venture. Joint venture assets consist of two permitted mines, a permitted millsite and the Carlisle mine. Texas Mineral Resources Corp. today announced that the Company entered into a non-binding letter of intent with Steeple Rock Holding Company, LLC to explore the possibility of entering into a mining venture involving four mines, being the Billali mine, the Jim Crow mine, the inactive Imperial mine, and the Carlisle mine, all located on patented mining claims in Grant County, New Mexico, and certain related assets including a 150 tons per day, unassembled flotation mill located in Duncan, Arizona. The Billali mine, Jim Crow mine and millsite have valid operating permits; the Imperial mine a...
  • Camino Minerals Corp. is pleased to announce the receipt of CAD$1.5 million from exploration partner Nittetsu Mining CO., Ltd. to support the upcoming drilling campaign at Camino's Los Chapitos Copper Project in Peru, expected to start in January 2025. The funds constitute the fourth option to earn-in payment by Nittetsu under the terms of the Earn-in Agreement that Camino entered into with Nittetsu in 2023 . Under the terms of the Agreement, Nittetsu can secure a 35% project interest in Los Chapitos once they complete a total investment of CAD$10 million, contributed over three years. To date, Nittetsu has invested a total of CAD$7 million into the Los Chapitos copper project. "This continued financial investment from our exploration partner, Nittetsu, highlights the vast po...
    12.12.2024
  • Vulcan Energy is pleased to announce the successful completion of a fully underwritten institutional placement and concurrent strategic placement. The Placement raised €100m from the issue of ~28 million new, fully paid ordinary shares at an offer price of A$5.85 per New Share/ €3.57 per New Share.[1] The Placement was strongly supported by existing and new institutional investors, including a number of local and global institutions. The New Shares issued under the Placement will rank equally with existing Vulcan shares from their issue date. Vulcan shares are expected to resume normal trading on the ASX following release of this announcement. Settlement of the Placement...
    12.12.2024
    von DGAP
  • Reykjavík, Dec. 12, 2024 -- Amaroq Identifies High-Grade Gold at Eagle's Nest Exploration Project ** Results Confirm High Gold Grades, Up to 54.5 g/t Au, at Nalunaq Satellite Project** TORONTO, ONTARIO - December 12, 2024 - Amaroq Minerals Ltd. , an independent mining development Company with an extensive land package of gold and strategic mineral assets across Southern Greenland, is pleased to announce the results of its recent sampling campaign at the Eagle's Nest target within the Anoritooq licence area, part of the Nanortalik Gold Belt, located 31km from the Nalunaq Gold Mine. The findings, which confirm the presence of two distinct gold quartz veins, align with Amaroq's strategic focus on developing satellite targets to support operations at the newly commissioned Naluna...
  • Ecora Resources PLC , the leading royalty company focused on supporting the supply of commodities essential to creating a sustainable future, issues a portfolio update following recent updates from the operators of key projects in Ecora's royalty and stream portfolio. Corporate On 4 December, FTSE Russell announced that Ecora Resources will be included in the FTSE UK SmallCap Index and the FTSE UK All-Share Index. The change is expected to be applied after the close of business on Friday 20 December 2024 and will be effective on Monday 23 December 2024. Producing Royalties Voisey's Bay On 3 December, Vale Base Metals announced the completion of the Voisey's Bay Mine Expansion Project. Ecora has a stream agreement which entitles it to receive 22.82% of all cobalt production fr...
    12.12.2024
  • Lode Gold Resources Inc. is pleased to provide a year-end update. Dear Investors, I am excited to update you on our progress since I took over as CEO less than a year ago, just before Christmas in December 2023. With the support of the board, key shareholders, and the dedicated Lode Gold team, we have raised $6M since March 2024 and completed numerous tasks to reorganize the Company. These efforts have positioned us for future success and growth, and I am grateful for the continued support and confidence you have shown in our vision. Strategy: Create Two Pure Play Companies to Unlock Value and Attract New Investors Last year, around this time, I met with bankers to discuss how we plan to unlock value by spinning out the Company's assets to create two pure-play companies. This...
    12.12.2024
  • Big Red Mining Corp. announces that, further to its news releases of October 23, 2024 and December 6, 2024, it has closed its flow-through financing of common shares at $0.21 per share, whereby the Company issued a total of 3,605,000 common shares for proceeds of $757,050. The Company is paying a cash finder's fee of $52,900 to GloRes Securities Inc. and has issued 192,833 finder's warrants to GloRes Securities Inc. and 59,500 finder's warrants to Marquest Asset Management Inc. for services provided to the Company as a finder with respect to the private placement subscriptions by the private placement placees. Each finder's warrant is exercisable into one common share at a price of $0.22 per share on or before June 9, 2026. The shares issued pursuant to the private placement,...
    12.12.2024
  • Battery X Metals Inc. announces it has determined to undertake a non-brokered private placement financing , consisting of the issuance of an aggregate of 12,000,000 units of the Company , at a price of $0.05 per Unit for aggregate gross proceeds of up to $600,000. Each Unit will consist of one common share in the capital of the Company and one transferable common share purchase warrant of the Company , with each Warrant entitling the holder to acquire on additional Share at a price of $0.075 per Warrant Share for a period of 24 months from the date of closing. Closing of the Private Placement is anticipated to occur on or about December 20, 2024, and is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including t...
    12.12.2024
  • Filo Corp. is pleased to announce the publication of a Swedish short form document prepared in accordance with Article 1.4 da) and Annex IX of Regulation 2017/1129 prepared by Lundin Mining Corp. in connection with the previously announced arrangement involving, among others, the Company, BHP Investments Canada Inc. , a wholly-owned subsidiary of BHP Group Ltd., and Lundin Mining, pursuant to which the Purchaser Parties will, among other things, acquire all of the issued and outstanding common shares of the Company not already owned by the Purchaser Parties and their respective affiliates. The Short Form Document was filed with the Swedish Financial Supervisory Authority on December 10, 2024, and is available on Lundin Mining's website at www.lundinmining.com. The...
    12.12.2024
    von CNW


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