MiningNewsBreaks Archive - Page 25 of 132

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…

TuesdayJul 08, 2025 3:38 pm

MiningNewsBreaks – Silvercorp Metals Inc.’s (NYSE American: SVM) (TSX: SVM) Growing Portfolio, Strong Balance Sheet Drive Investor Appeal

Silvercorp Metals (NYSE American: SVM) (TSX: SVM), a Canadian mining company producing silver, gold, lead, and zinc, delivered its strongest fourth-quarter performance to date. The company closed out fiscal 2025, ended March, with significant growth in both revenue and operating cash flow with results reflecting increased production volumes and stronger realized prices across the company’s key metals. “Income from mine operations in the quarter climbed to $26.1 million, up from $13.0 million in Q4 Fiscal 2024. Silvercorp also increased capital investments in its core operations, spending $9.9 million in China and $3.1 million on its El Domo project in Ecuador…

TuesdayJul 08, 2025 11:59 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Appoints Former Noront CEO Alan Coutts to Board

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), a Canadian exploration company, announced the appointment of Alan Coutts to its board of directors. Coutts, a veteran geologist with over 35 years of global mining experience, previously served as President and CEO of Noront Resources, where he led the C$650 million sale of the Eagle's Nest nickel project to Wyloo Metals—the largest nickel acquisition of the past decade. His past roles include senior positions at Xstrata Nickel, Noranda, and Falconbridge. Fathom leadership emphasized Coutts’ expertise in project development and strategic transactions as instrumental to advancing its Albert Lake and Gochager Lake projects…

TuesdayJul 08, 2025 11:22 am

MiningNewsBreaks – SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 7.2 MW New York Solar Project Following Key Regulatory Approval

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) announced that its 7.2 MW Hoadley Hill Road ground-mount solar project in upstate New York has cleared the Coordinated Electric System Interconnection Review (CESIR), a major regulatory milestone. The project, which will power approximately 850 homes through New York’s grid, is backed by the state’s VDER compensation mechanism and may qualify for up to US$0.395/W DC in NYSERDA NY-Sun incentives. Structured as a community solar project, it offers residents and businesses bill credits without on-site installations. With over 100 MW built and a pipeline exceeding 1…

ThursdayJul 03, 2025 3:34 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Set to Revolutionize REE Separation with RapidSX(TM)

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals technology company developing scalable rare earth element (“REE”) refining infrastructure in North America, marked a significant milestone in the development of a domestic REE supply chain. Ucore was featured in a recent article that discussed the groundbreaking of its Louisiana Strategic Metals Complex (“SMC”) in Alexandria. “This facility represents the company’s first commercial REE refining operation and is poised to play a pivotal role in reducing North America’s reliance on foreign sources for critical minerals… The Louisiana SMC is designed to utilize Ucore’s proprietary RapidSX(TM) technology, an advanced solvent extraction…

ThursdayJul 03, 2025 1:39 pm

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Positioning at Confluence of Demand, Technological Innovation

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) was featured in a recent article discussing substantial deficit in the platinum market and a sharp rally in prices due to the tightening supply-demand balance. The piece reads, “Platinum Group Metals is working to address a portion of the world’s platinum need. The company’s Waterberg project, on the Northern Limb of South Africa’s Bushveld Complex — the planet’s prime platinum reserve — is being advanced toward development and construction. The September 2024 Waterberg DFS update shows Waterberg is being designed as a fully mechanized, underground mine targeting platinum as well as other key…

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