News Archives - Page 57 of 111

FridayJun 14, 2024 12:42 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Closes on Flow-Through Financing Valued at $20M

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has closed on its previously announced $20 million public financing. The company anticipates using the funds for ongoing exploration and development at the Fox Complex in the Timmins region of Ontario. According to the company, development will focus on the next area of production growth at the project, which includes exploration drilling and the building of an underground access ramp. “The proceeds of this financing will be used exclusively for qualifying Canadian Exploration Expenses (‘CEE’) and Canadian Development Expenses (‘CDE’),” said…

ThursdayJun 13, 2024 3:30 pm

MiningNewsBreaks – Torr Metals Inc. (TSXV: TMET) Reports Final Assay Results from Rock Sampling Program, Notes ‘Major’ Copper Discovery Potential

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is reporting final assay results from the 2023 rock sampling program; the report also noted the delineation of a robust ZTEM geophysical anomaly at the newly defined Vik Zone, located at the Kolos Copper-Gold Project. Highlights of the report show outcrop mineralization coincident with 2023 soil anomalies, new robust ZTEM geophysical anomalies in the east and major copper discovery potential. The company also reported that it has completed its early reconnaissance field sampling program, which included coverage over newly acquired ground to…

ThursdayJun 13, 2024 1:51 pm

MiningNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Announces Annual Shareholder Meeting, Outlines Agenda Items for Voting

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has scheduled an annual general and special shareholders meeting. The meeting will be held July 9, 2024, with agenda items that include voting and approving an arrangement with G Mining Ventures. According to the announcement, shareholders will vote to approve a statutory plan of arrangement entered into between Reunion Gold, G Mining Ventures Corp. and Greenheart Gold Inc. The arrangement calls for a new entity to be incorporated to hold and manage the combined business of Reunion Gold and GMIN; the new entity will acquire all of…

ThursdayJun 13, 2024 1:37 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Chairman & Chief Owner Featured in Latest Episode of The MiningNewsWire Podcast

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its McEwen Copper subsidiary. The company’s Chairman and Chief Owner, Rob McEwen, was featured in the latest episode of The MiningNewsWire Podcast as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. During the interview with host Stuart Smith, McEwen discussed his extensive background in the mining sector, talked about McEwen Mining’s project portfolio, and examined the mining industry’s reputation relating to environmental stewardship before detailing the company’s efforts to…

TuesdayJun 04, 2024 3:21 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Collaborates to Capitalize on High-Potential Opportunities in the Energy Sector

GEMXX (OTC: GEMZ) today announced its entry into a definitive agreement with Latin Energy Partners (“LEP”) to drill four test wells in a highly promising geological formation in Latin America. The strategic venture marks a significant milestone in GEMXX’s expansion into the energy sector, demonstrating the company’s commitment to diversification and growth. According to the announcement, the project will be led by Dinesh Kumar Sarraf, the former chairman and managing director of India’s premier exploration and production company, Oil and Natural Gas Corporation Ltd. “We are thrilled to collaborate with Latin Energy Partners and leverage Mr. Sarraf’s unparalleled expertise in…

FridayMay 31, 2024 1:51 pm

MiningNewsBreaks – Torr Metals Inc. (TSXV: TMET) Increase in Sizing of Kolos Copper-Gold Project Featured in Syndicated Broadcast

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is featured in a NetworkNewsAudio (“NNA”) broadcast. The broadcast covers the company’s recent news that it has significantly increased the size of its British-Columbia-based Kolos Copper-Gold Project by 75%, an increase from approximately 140 km to 240 km. According to the announcement, new mineral claims focus on northern expansion. NNA offers a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. “By securing these new claims at low cost, we've strategically…

FridayMay 31, 2024 10:01 am

MiningNewsBreaks – Advanced Gold Exploration Inc. (CSE: AUEX) Management to Attend Upcoming Global Mining Investment Conference

Advanced Gold Exploration (CSE: AUEX), a Canadian Junior gold explorer whose focus is reviving and enhancing abandoned and unloved projects, will be participating in next week’s The Mining Investment Event of the North — Canada’s Only Tier I Global Mining Investment Conference(C). The three-day gathering is scheduled for June 4–6, 2024, in Quebec City. According to the announcement, Advanced Gold Exploration officials will be in attendance and will be holding one-on-one investor meetings. The premier event is designed to facilitate privately arranged meetings between mining companies, international investors and various mining government authorities and provides a platform to hear from some…

ThursdayMay 30, 2024 3:32 pm

MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Issues Update on Ongoing Oko West Drill Programs, Corporate Update

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, South America, today provided an update on its ongoing expansion and infill drill programs at Oko West, Guyana, as well as a corporate update. Key highlights from the deep drilling in Block 4 at Oko West include hole D-393A-W2, which intersected 107.0 m grading 2.42 grams per tonne of gold (“g/t Au”) from 660.0 m downhole, including 20.0 m grading 9.78 g/t Au from 734 m downhole; hole D-316-W1, which intersected 101.0 m grading 2.69 g/t Au from 694.0 m downhole, including 13.1 m grading 7.84…

WednesdayMay 29, 2024 3:21 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Financing to Fund Exploration and Development at the Fox Complex

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) has announced that it priced a public financing to fund continued exploration and development at the Fox Complex in the Timmins region of Ontario, primarily focused on exploration drilling and the development of an underground access ramp from surface to mine the gold resources of Stock East and West. This represents the next area of production growth at the Fox Complex. McEwen Mining intends to use the proceeds of this financing for qualifying Canadian Exploration Expenses within the meaning of subsection 66.1(6) of the Income Tax Act (Canada) and Canadian Development Expenses within the…

WednesdayMay 29, 2024 3:09 pm

MiningNewsBreaks – Torr Metals Inc. (TSXV: TMET) Announces Kolos Copper-Gold Project Expansion, Addition of New Exploration Targets

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, has significantly increased the size of its Kolos Copper-Gold Project. The 75% expansion was a result of staking; the project increased from approximate 140 km to 240 km, with the new mineral claims focused on northern expansion, following an extension of the north-trending Fanta Fault. In addition, Torr Metals announced that it has assembled a field team in preparation for the 2024 field season to conduct early reconnaissance at multiple newly identified exploration targets, including a new mineralized outcrop discovery at the Vik Zone. “By…

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