MiningNewsBreaks Archive - Page 2 of 107

FridayJun 20, 2025 3:34 pm

MiningNewsBreaks – Why Silvercorp Metals Inc. (NYSE American: SVM) (TSX: SVM) Is ‘One to Watch’

Silvercorp Metals (NYSE American: SVM) (TSX: SVM) is a Canadian mining company with a strong track record of profitability, managing a broad portfolio of producing mines, development-stage projects, and exploration assets across China, Ecuador, and Bolivia. The company is committed to maximizing output from its existing operations while strategically advancing new projects to support long-term growth. As noted in a recent article, Silvercorp’s diversified asset base provides both steady cash-flow from current operations and exposure to high-potential projects, positioning the company to deliver lasting value for shareholders. To view the full article, visit https://ibn.fm/bMUrN About Silvercorp Metals Inc. Silvercorp is a…

FridayJun 20, 2025 10:47 am

MiningNewsBreaks – Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) Begins AI-Enhanced Drill Program at New Craigmont Copper Project

Nicola Mining (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has launched its 2025 diamond drilling campaign at the New Craigmont Copper Project near Merritt, British Columbia. The program targets 4,000–5,000 meters of drilling across five priority zones, including two new AI-generated targets identified in partnership with ALS Geoanalytics (GoldSpot Discoveries Ltd.). The focus is to delineate porphyry-style copper mineralization and advance exploration around key zones like MARB, CAS, West Craigmont/WP and the newly identified Draken prospect. The $1.5–2 million program is expected to run through September and includes advanced data collection methods such as pXRF and SWIR to refine geological models…

TuesdayJun 17, 2025 12:55 pm

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Launches $3.3 Million Private Placement to Advance Montauban Project

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced a non-brokered private placement of units priced at $0.73 each, targeting gross proceeds of up to $3.285 million. Each unit comprises one common share and one share purchase warrant, exercisable at $0.91 for 18 months. The initial closing is scheduled for June 20, 2025, with additional tranches possible. Proceeds will support mill circuit construction, final mobilization at the Montauban Gold-Silver Project, and general working capital. The placement remains subject to Canadian Securities Exchange approval. To view the full press release, visit https://ibn.fm/A4D56 About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully…

MondayJun 16, 2025 9:54 am

MiningNewsBreaks – SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 2.4 MW Community Solar Project in Nova Scotia

SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced progress on its 2.4 MW DC Sydney project in Nova Scotia, reinforcing its expansion in the Canadian community solar market. Valued at $4.57 million and developed in partnership with AI Renewable Flow-through Fund and Trimac Engineering, the project is expected to produce 2,730 MWh of clean energy annually—enough to power 221 homes and offset 1,900 tons of CO₂. Construction is slated for spring 2026, with SolarBank serving as developer and EPC contractor. The company anticipates near-term engineering revenues and long-term income from operations and maintenance contracts while supporting Nova Scotia’s goal…

ThursdayJun 12, 2025 10:24 am

MiningNewsBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) Files Updated Resource Estimate for Condor Gold Project in Ecuador

Silvercorp Metals (TSX: SVM) (NYSE American: SVM) has filed an updated mineral resource estimate for its Condor gold project in Ecuador. The filing follows its May 12, 2025, announcement and includes the "Independent Technical Report for the Condor Project, Ecuador," prepared by SRK Consulting (Canada) Inc., with an effective date of Feb. 28, 2025. To view the full press release, visit https://ibn.fm/UwXUj About Silvercorp Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by 1) focusing on generating free cash…

ThursdayJun 12, 2025 9:00 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Launches Exploration at Storm Copper Project in Nunavut

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) announced the start of exploration activities at its Storm Copper Project on Somerset Island, Nunavut. Operated by American West Metals under a 20/80 joint venture, with Aston Bay retaining a free carried interest until a mining decision follows a bankable feasibility study, the program will include reverse circulation and diamond drilling targeting both resource expansion and deeper discoveries. A MobileMT geophysical survey is also being deployed, expected to identify new drill targets this season. A Preliminary Economic Analysis for the near-surface mineralization is underway, with additional drill plans progressing for the company’s Epworth copper…

WednesdayJun 11, 2025 10:26 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) CEO Talks Near-Term Production and Clean Mining Focus on Exploring Mining Podcast

ESGold (CSE: ESAU) (OTCQB: ESAUF) CEO and Director Paul Mastantuono joined the Exploring Mining Podcast to discuss the company’s fully permitted, near-production Montauban Project in Quebec. In the interview, Mastantuono highlighted ESGold’s strategic shift toward surface-accessible resources like tailings and low-cost ore bodies, positioning the company for accelerated production without the typical drilling-heavy approach of junior miners. He also covered recent leadership additions, share structure updates—with fewer than 75 million shares outstanding—and the company’s push to finalize concentration testing ahead of first gold production at Montauban. To view the full press release, visit https://ibn.fm/DHvym About ESGold Corp. ESGold Corp. (CSE: ESAU)…

WednesdayJun 11, 2025 10:11 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Expands Gochager Lake Property, Postpones Field Program Due to Saskatchewan Wildfires

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) has expanded its Gochager Lake Property in Saskatchewan through additional staking, driven by reinterpretation of historic VTEM™ survey data and regional geological analysis identifying new nickel-copper-cobalt, VMS-style zinc-lead-silver, and gold exploration opportunities. The newly acquired claims include targets along the Gochager Trend and Borys VMS Trend, as well as gold-bearing quartz veins reporting up to 2.68 g/t Au. However, due to ongoing wildfires in north-central Saskatchewan, the company has postponed its planned summer field program. CEO Ian Fraser emphasized the strategic importance of the expansion and expressed support for residents and first responders…

WednesdayJun 11, 2025 9:00 am

MiningNewsBreaks – American Tungsten Corp. (CSE: TUNG) (OTCQB: DEMRF) (FSE: RK9) Publishes NI 43-101 Report and Outlines Summer 2025 Drill Plans for Ima Mine

American Tungsten (CSE: TUNG) (OTCQB: DEMRF) (FSE: RK9) has released its NI 43-101-compliant technical report for the Ima Mine in Idaho and is finalizing the scope and budget for its summer 2025 exploration program. The program will include rehabilitation of the D level to support underground drilling and bulk sampling for metallurgical testwork. Exploration targets include extensions of the No. 5 and No. 7 veins, the southwest continuation of the West Ima vein, the Eastern Vein system, and deeper portions of the main Ima vein, with additional upside potential across Patterson Creek. CEO Ali Haji noted that historical drilling by…

TuesdayJun 10, 2025 10:37 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Advances Toward First Production at Montauban Project

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced key construction and technical milestones at its fully permitted Montauban Project in Quebec, including the successful installation of the Humphrey Spirals, which anchor the plant’s gravity separation circuit. The system supports processing up to 1,000 tonnes per day of historic tailings for gold, silver, and mica recovery. Lab testing of spiral circuit concentrate is underway to optimize recovery and reduce reagent use, with final results expected this month. The company also finalized its Preliminary Economic Assessment, which will be released soon and is based solely on tailings material, excluding hard rock upside. ESGold…

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