MiningNewsBreaks Archive - Page 2 of 110

MondayJul 14, 2025 10:55 am

MiningNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Advances $18.4M Phase 2 DoD-Funded Rare Earth Facility in Louisiana

Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) announced the formal launch of its USD$18.4 million Phase 2 Award from the U.S. Department of Defense, supporting construction of the company’s first commercial-scale RapidSX(TM) rare earth processing unit at its Louisiana facility. The project focuses on heavy rare earth elements (HREEs), vital to defense and advanced technologies. In parallel with a USD$4 million Phase 1 Award, Ucore recently achieved key separation milestones and has received over $3.35 million to date. With near-term milestones underway, including facility and column design, Ucore aims to achieve early production of salable rare earth products, further strengthening a…

MondayJul 14, 2025 10:22 am

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Updates Waterberg Project Progress, Reports $3.4 Million Nine-Month Loss

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) focused on advancing its Waterberg Project in South Africa, reported a net loss of $3.4 million for the nine months ended May 31, 2025, down from $4.02 million year over year. The company aims to move the fully mechanized PGM mine to a development decision, backed by construction financing and offtake agreements. PTM also highlighted ongoing collaboration with Valterra and FIU via Lion Battery Technologies to explore battery applications using platinum and palladium. Recent financing activities included a $1 million private placement with HCI and $12.3 million raised through its 2025 at-the-market…

MondayJul 14, 2025 10:12 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Unveils District-Scale Potential at Montauban Gold-Silver Project

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced results from its Ambient Noise Tomography (ANT) survey at the Montauban Gold-Silver Project in Quebec, revealing a vertically extensive and structurally complex system extending to depths of 1,200 meters—far beyond historically mined zones. The data suggest Montauban may be a district-scale Volcanogenic Massive Sulphide (VMS) system, with multiple stacked mineralized lenses akin to globally significant deposits. The ANT survey, combined with historic drill results and VTEM data, is informing a new 3D geological model. With permits in place and tailings reprocessing underway, ESGold is pursuing both near-term production and long-term exploration upside, positioning Montauban…

FridayJul 11, 2025 1:18 pm

MiningNewsBreaks – Why New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) Is ‘One to Watch’

New Pacific (NYSE American: NEWP) (TSX: NUAG) is a Canadian exploration and development company focused on advancing world-class silver projects in Bolivia. “The company’s primary asset, the Silver Sand project, has the potential to become one of the largest silver mines globally, supported by robust economic assessments. Additionally, the company is progressing its Carangas project, a silver-lead-zinc deposit with scale,” reads a recent article. “New Pacific Metals aims to create long-term value for its shareholders by advancing and de-risking its quality silver assets while contributing to the economic growth of Bolivia.” To view the full article, visit https://ibn.fm/1Ui2j About New Pacific…

FridayJul 11, 2025 9:15 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Unveils Deep-Seated District-Scale Potential at Montauban Project

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced results from its recent Ambient Noise Tomography (ANT) survey at the Montauban Gold-Silver Project in Quebec, revealing deep geological structures that suggest district-scale mineralization potential. The survey, conducted by Caur Technologies, exceeded initial targets by imaging down to 1,200 meters and identifying vertically extensive, laterally continuous features indicative of a possible Volcanogenic Massive Sulphide (VMS) system. Preliminary interpretations highlight a north-central feeder zone and structural contrasts across the project, offering high-priority exploration targets. ESGold is integrating these findings with over 950 historic drill holes and VTEM data into a new 3D geological model. Director…

ThursdayJul 10, 2025 12:10 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports Initial Drill and Geophysical Results at Storm Copper Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) today announced preliminary results from its 2025 exploration program at the Storm Copper Project on Somerset Island, Nunavut, operated by American West Metals under a 20/80 joint venture. Early results from a magnetotelluric (MMT) geophysical survey identified several large conductive anomalies aligned with known copper mineralization, reinforcing the project's potential. Initial diamond drilling at the Cyclone Deeps target intersected 47 meters of visual sulfide mineralization, consistent with the distal edge of the Cyclone Deposit, suggesting proximity to a fault-offset continuation. The program benefits from support through Nunavut’s Discover Invest Grow (DIG) program, emphasizing both…

ThursdayJul 10, 2025 11:18 am

MiningNewsBreaks – SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Positions for Growth Under Shifting U.S. and Canadian Clean Energy Policies

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a North American solar and battery storage developer, announced strategic readiness to capitalize on clean energy incentives in both the U.S. and Canada. In response to the new “Big Beautiful Bill” federal legislation, which extends investment tax credits for projects started by July 4, 2026, SolarBank plans to accelerate construction on a 97 MW U.S. portfolio backed by $100 million in project financing from CIM Group. The company is advancing projects in key U.S. states with favorable permitting and interconnection progress to qualify under the new…

WednesdayJul 09, 2025 3:07 pm

MiningNewsBreaks – Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Advances Portfolio in Walker Lane Hotspot

As Nevada’s Walker Lane becomes a prime target for mineral exploration, Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) is strategically positioned to capitalize, owning and developing four high-potential exploration properties in the area. “With a vision to evolve into Nevada’s premier silver and gold producer, Lahontan has built a robust portfolio of assets across this geologically diverse and historically rich trend,” reads a recent article. “The company controls four properties in the heart of Walker Lane: Santa Fe, West Santa Fe, Moho and Redlich. The company’s flagship project, the Santa Fe Mine, is a 26.4 km2 past-producing, oxide-hosted gold-silver property. Between 1988 and 1995,…

WednesdayJul 09, 2025 11:12 am

MiningNewsBreaks – Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) Begins Long-Term Gold, Silver Production at Merritt Mill

Nicola Mining (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has commenced gold and silver concentrate production at its Merritt Mill in British Columbia, transitioning from trial processing to long-term operations. This milestone follows the receipt of a 3,100-tonne high-grade ore shipment from Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF), which is advancing development at its Mustang Project. Nicola’s upgraded mill features automation, gravity separation and water recirculation systems. The company has also partnered with Blue Lagoon Resources (CSE: BLLG) (OTCQB: BLAGF) (FSE: 7BL) and is preparing to process bulk samples from the Dominion Creek Gold Project, where it holds a 75%…

WednesdayJul 09, 2025 9:20 am

MiningNewsBreaks – LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Commissions Valuation to Advance Beacon Gold Mill Restart

LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has engaged Bumigeme Inc. to conduct an independent valuation report of its fully owned Beacon Gold Mill in Val-d'Or, Québec. The report will assess replacement value and restart costs for the mill and tailings facility, which received over $20 million in upgrades in 2022. The valuation aims to support financing efforts and highlight the company’s potential to monetize production at the Beacon Mill, tied to the Swanson Gold Project. LaFleur Minerals is preparing for gold production and a Preliminary Economic Assessment while leveraging favorable market conditions, including J.P. Morgan’s forecast of $4,100…

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