MiningNewsBreaks Archive - Page 22 of 125

WednesdayJun 04, 2025 1:20 pm

MiningNewsBreaks – Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) Strengthens Copper Exploration Team with Senior Geologist Hire

Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) has appointed Vicente García as Senior Geologist to support its upcoming 2025 exploration initiatives, particularly at the New Craigmont copper project. García brings over seven years of global experience across porphyry, IOCG, epithermal, and lithium systems, with recent roles at Anglo American and Dahrouge Geological Consulting. CEO Peter Espig emphasized the company's continued focus on copper exploration, noting that García and VP of Exploration Will Whitty will also evaluate targets at the fully permitted Treasure Mountain Silver Mine. To view the full interview, visit https://ibn.fm/l6krR About Nicola Mining Nicola Mining Inc. is…

WednesdayJun 04, 2025 11:05 am

MiningNewsBreaks – LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Advances Swanson Drilling and Beacon Mill Restart with Exploration Success and Strategic Appointment

LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has unveiled plans for a 5,000-meter diamond drill program at its Swanson Gold Project in Québec’s Abitibi Gold Belt, supported by promising exploration results and strategic momentum toward restarting its 100%-owned Beacon Gold Mill by early 2026. The company has identified over 50 drill targets following geophysical surveys, soil sampling, and high-grade grab samples up to 11.7 g/t Au. Additionally, LaFleur announced the appointment of mining executive Peter Espig as Strategic Advisor to support project funding and expansion, leveraging his deep capital markets and mill operations experience. Advanced discussions are underway with…

WednesdayJun 04, 2025 10:20 am

MiningNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Announces $10 Million Private Placement to Advance Louisiana SMC Project

Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) has entered into an engagement with Red Cloud Securities Inc. for a "best efforts" private placement of up to $10 million in units priced at $1.20 each, with an option to raise an additional $1.5 million. Each unit includes one common share and one-half of a warrant exercisable at $1.75 for 36 months. Net proceeds will fund key initiatives related to Ucore’s planned Strategic Metals Complex in Louisiana, including securing feedstock and customer agreements, advancing engineering plans, and fulfilling obligations with the U.S. Department of Defense and Natural Resources Canada. The offering is…

TuesdayJun 03, 2025 10:27 am

MiningNewsBreaks – SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Integrates Bitcoin into Treasury Strategy to Bolster Clean Energy and Financial Innovation

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced plans to incorporate Bitcoin into its treasury strategy, becoming one of the first renewable energy developers to align clean infrastructure with decentralized finance. The company has filed to open an institutional account with Coinbase Prime (NASDAQ: COIN) for secure custody, USDC services, and a self-custodial wallet. The move is designed to hedge against inflation, enhance financial resilience, and attract tech-focused investors while reinforcing SolarBank’s identity as an innovation-driven leader in the energy sector. The Bitcoin strategy will complement SolarBank’s core focus on solar and battery energy…

MondayJun 02, 2025 12:22 pm

MiningNewsBreaks – Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) CEO Spotlights Permits, Mill Restart and Multi-Metal Growth on Stocks to Watch

Nicola Mining (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) is preparing to restart its fully permitted mill in June 2025, setting the stage for eight years of continuous production supported by new contracts and a diversified project portfolio, according to CEO Peter Espig on a pre–Commodities Global Expo episode of the Stocks to Watch podcast. Speaking ahead of the May event in Fort Lauderdale, Espig emphasized the company's six active permits—including for gold, silver, copper, quarrying, and milling—and its unique status as Canada’s only designated mining industrial site, granting province-wide processing rights for gold and silver. To view the full interview,…

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…

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