News Archives - Page 9 of 81

MondayJun 02, 2025 11:55 am

MiningNewsBreaks – Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Mobilizes Drill Rig for 2025 Program at Santa Fe Mine

Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) has mobilized a reverse-circulation drill rig and support equipment to its Santa Fe Mine project in Nevada's Walker Lane. The first phase of the 2025 drilling program will focus on the Slab target area, beginning on patented claims before expanding onto BLM-administered land pending approval of the company’s Notice of Intent. Lahontan aims to expand known gold and silver resources at the Slab and York targets while also collecting additional sample material for metallurgical testing. Initial assay results are expected within four to six weeks. To view the full press release, visit https://ibn.fm/UFJ8F About…

MondayJun 02, 2025 10:15 am

MiningNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Secures Definitive $18.4M DoD Award to Build First Commercial RapidSX(TM) System

Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) has finalized the contract for an $18.4 million award from the U.S. Department of Defense to construct its first commercial-scale RapidSX(TM) rare earth separation system and infrastructure at the Strategic Metals Complex (SMC) in Alexandria, Louisiana. This brings total non-repayable funding under Ucore’s existing OT Agreement to $22.4 million. The funds will support engineering, permitting, and construction of a RapidSX(TM) machine and supporting systems capable of processing individual rare earth oxides starting in the second half of 2026. A groundbreaking ceremony was held May 29 with local, state, and federal leaders in attendance.…

MondayJun 02, 2025 9:00 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Launches Final Spiral Tests Ahead of Montauban Gold-Silver Production

ESGold (CSE: ESAU) (OTCQB: ESAUF) has begun final spiral concentration tests at its Montauban Gold-Silver Project in Quebec, marking a major milestone toward initiating production later this year. Conducted on high-grade railbed material—geologically distinct from the Anacon tailings—the tests target a concentrate representing under 0.3% of total mass while capturing over 50% of contained gold and silver. If successful, the process could enable direct on-site bullion pours, cutting cyanide use and accelerating cash flow. Final lab results are expected within a month, as commissioning of the Montauban plant continues to advance. To view the full press release, visit https://ibn.fm/QiSpk About…

FridayMay 30, 2025 10:42 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Announces Leadership Transition as Montauban Project Nears Production

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced a strategic leadership transition aligned with its push toward near-term gold and silver production at the Montauban Project in Quebec. As construction advances and the company executes its dual-track strategy—reprocessing historical tailings and district-scale exploration—ESGold is restructuring leadership to support the next phase of operational growth. The company is in advanced discussions with a senior executive to help drive this evolution and expects to share updates soon. Brad Kitchen will no longer serve as President, and ESGold has no plans to appoint a successor to the role at this time. To view the…

FridayMay 30, 2025 9:10 am

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Closes $1 Million Private Placement with HCI

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has closed a US$1.008 million non-brokered private placement with major shareholder Hosken Consolidated Investments Limited (“HCI”) via its subsidiary Deepkloof Limited. The transaction, completed May 29, 2025, involved the issuance of 800,000 common shares at US$1.26 per share, restoring HCI’s ownership to 26%. Proceeds will support pre-construction and engineering work at the Waterberg Project in South Africa, along with general corporate purposes. As HCI is a related party, the deal qualifies for exemptions under MI 61-101 and was negotiated on an expedited basis. To view the full press release, visit https://ibn.fm/X9Ex0 About…

ThursdayMay 29, 2025 11:09 am

MiningNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Breaks Ground on Rare Earth Refining Facility in Louisiana

Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) announced it will host a ground-breaking ceremony on May 29 for its Louisiana Strategic Metals Complex, the company’s first commercial rare earth element refining facility, located at England Airpark in Alexandria. The 80,800-square-foot site, secured under a long-term lease, will use Ucore’s RapidSX(TM) technology to produce high-purity rare earth oxides critical for electric vehicles, wind turbines and national defense applications. Supported by a US$18.4 million U.S. Department of Defense grant and a US$15+ million Louisiana incentive package, the project marks a key milestone in developing a secure domestic rare earth supply chain. To…

WednesdayMay 28, 2025 11:42 am

MiningNewsBreaks – Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Engages IBN to Lead Corporate Communications Strategy

Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) has appointed IBN to manage its corporate communications as the company advances its gold and silver projects in Nevada’s Walker Lane district. With four U.S.-based properties and a focus on unlocking oxide resource value from past-producing sites, Lahontan aims to transition toward near-term production through capital-efficient strategies. IBN will support this vision by deploying its expansive distribution network—spanning more than 5,000 outlets and 70+ brands—to boost visibility and engagement with investors, media, and the broader market. To view the full press release, visit https://ibn.fm/zFJTT About Lahontan Gold Corp. Lahontan Gold Corp. is a Canadian…

WednesdayMay 28, 2025 9:10 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Reaches Key Milestone at Montauban as Canadian Gold Sector Gains Strength

ESGold (CSE: ESAU) (OTCQB: ESAUF), a fully permitted pre-production resource company focused on clean mining innovation, was featured in a recent Investorideas.com snapshot highlighting Canadian gold companies advancing amid rising gold prices. ESGold reported the successful delivery of its Humphrey spiral concentrators to the Montauban site in Quebec, completing the gravity separation circuit required for gold and silver recovery from historic tailings. The circuit, designed for up to 1,000 TPD throughput, is a cornerstone of the company’s low-impact tailings-to-cash flow model. CEO Paul Mastantuono emphasized the significance of this milestone, noting construction is progressing on schedule with first production still…

TuesdayMay 27, 2025 11:18 am

MiningNewsBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) Declares US$0.0125 Semi-Annual Dividend

Silvercorp Metals (TSX: SVM) (NYSE American: SVM) announced its Board of Directors has declared a semi-annual dividend of US$0.0125 per share, payable on or before June 26 to shareholders of record as of June 6. The dividend is designated as an eligible dividend for Canadian tax purposes. The company noted that future dividends will be determined at the Board’s discretion based on market conditions, financial performance, and other relevant factors. To view the full press release, visit https://ibn.fm/YX80F About Silvercorp Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth…

TuesdayMay 27, 2025 10:34 am

MiningNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 6.9 MW Community Solar Project in Nova Scotia

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) will develop the 6.9 MW DC Brooklyn solar project in Nova Scotia under Canada’s first Community Solar Program. Owned by AI Renewable Fund, the $13.9 million project will be built in partnership with local firm Trimac Engineering. The program supports Nova Scotia’s goal of reaching 80% renewable energy by 2030 and net-zero by 2035. SolarBank will oversee interconnection, permitting, and design through 2025, with construction expected to begin in spring 2026. The company also disclosed a shares-for-services agreement with an independent advisor valued at up to…

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