MiningNewsBreaks Archive - Page 32 of 141

TuesdayJul 22, 2025 3:17 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Makes $1.5 Million Option Payment Toward Iska Iska Acquisition

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) has made a US$1.5 million option payment to Empresa Minera Villegas S.R.L., advancing its acquisition of the Iska Iska silver-tin polymetallic project in southern Bolivia. One final cash payment of US$1.15 million remains, due January 6, 2026. Under amended terms, Eloro’s US$10 million option agreement includes a US$1.8 million credit for exploration work on the nearby Mina Casiterita property. To secure full ownership of Mina Casiterita and Mina Hoyada, Eloro must pay US$1.8 million within 12 months of obtaining mining rights and, pending regulatory approvals, issue 200,000 common shares upon property transfer.…

MondayJul 21, 2025 10:56 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Launches Summer Program at Gochager Lake

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) has mobilized its geological crew to the Gochager Lake Project in Saskatchewan, launching a three-week summer field program delayed by regional wildfires. Crews have completed a 3.5 km trail and a 100-meter grid to support future geophysical work. The program includes mapping and sampling northeast and southwest of the historic deposit, with 4,000 soil samples to be collected across areas showing strong multi-element anomalies identified in 2024, including nickel values up to 1,650 ppm. Fieldwork will also target potential outcrops and priority zones identified by a 2008 VTEM survey. To view the full…

FridayJul 18, 2025 3:30 pm

MiningNewsBreaks – Silver Opportunity: New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) Unlocks Value from Flagship Projects

New Pacific (NYSE American: NEWP) (TSX: NUAG), a Canadian exploration and development company, is in a unique position to fill a critical and growing supply gap in the global silver market, with two large-scale projects in Bolivia. “The company’s progress is focused on advancing these assets through permitting in a country that remains geologically rich. The company’s two primary projects, Silver Sand and Carangas, are among the best undeveloped open-pit silver assets in the world. A preliminary feasibility study (‘PFS’) published in June 2024 highlights the strong potential of the flagship Silver Sand project, which is expected to deliver 12…

FridayJul 18, 2025 3:10 pm

MiningNewsBreaks – Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Poised at the Crossroads of Clean Energy and Critical Minerals

Nicola Mining (TSX.V: NIM) (OTCQB: HUSIF) is positioned with a unique dual-revenue model in Canada’s mineral-rich British Columbia as global demand for copper, gold and silver surges amid the clean-energy transition. The company was featured in a recent article discussing why this emerging player deserves attention in today’s critical minerals market. The piece reads, “With the province’s only permitted third-party processing mill and high-potential exploration projects adjacent to Canada’s largest copper mine, Nicola offers investors exposure to both immediate cash flow and significant long-term upside… With its fully permitted mill generating stable revenue, a robust portfolio of high-grade exploration projects…

FridayJul 18, 2025 12:10 pm

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Featured in NetworkNewsWire Editorial Highlighting Strategic Mining Model

ESGold (CSE: ESAU) (OTCQB: ESAUF) has been spotlighted in an editorial by NetworkNewsWire (“NNW”) titled “A New Mining Model Built for Speed, Scale and Profit.” The feature underscores ESGold’s shift away from speculative exploration toward revitalizing legacy mining sites with known resources and existing infrastructure. This approach mitigates risk, shortens project timelines, and leverages rising mineral demand and high gold prices to unlock value. To view the full press release, visit https://ibn.fm/rhZcl About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With proven expertise…

FridayJul 18, 2025 11:09 am

MiningNewsBreaks – LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Launches Drilling Program, Confirms Strategic Mill Value

LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) a gold development company in Québec, has begun a fully funded 5,000-metre diamond drilling program at its Swanson Gold Project after receiving key permits. The company also completed an independent valuation of its Beacon Gold Mill, confirming the facility is in excellent condition with restart costs estimated at C$4.1 million versus a replacement value of over C$71.5 million. Additionally, LaFleur has expanded its Swanson land package to more than 18,300 hectares, positioning itself as a uniquely equipped junior miner with both a gold project and a fully permitted mill in a major…

ThursdayJul 17, 2025 3:44 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Featured in Article Highlighting Louisiana Strategic Metals Complex as Rare Earth Supply Chain Game-Changer

The U.S. Department of Defense has awarded Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) an $18.4 million grant to accelerate its RapidSX(TM) rare-earth separation technology at the Louisiana Strategic Metals Complex (“SMC”), underscoring a decisive shift toward reshoring critical minerals production. With China currently controlling roughly 80% of global rare-earth refining, the SMC project (aided by Louisiana’s $15 million incentive package) aims to produce 2,000 tonnes of rare-earth oxides annually by late 2024 and expand to 7,500 tonnes by 2027. The facility's efficient RapidSX(TM) process delivers heavy rare-earth elements in days from a smaller footprint, directly challenging Chinese dominance and bolstering U.S. supply chain…

WednesdayJul 16, 2025 3:08 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Poised to Play Pivotal Role in REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is positioning as the U.S. takes aggressive steps to secure domestic sources of rare earth elements (“REEs”)—materials essential for defense systems, electronics and clean energy. A recent article discusses Ucore’s significant milestone in this effort, indicating the company secured an $18.4 million funding agreement from the U.S. Department of Defense (‘DoD’) to support the development of its domestic rare earth processing facility. “The project represents a major step toward American independence in the global REE supply chain, which is currently dominated by China… Ucore’s Strategic Metals Complex (‘SMC’) in Alexandria, Louisiana, aims to become…

WednesdayJul 16, 2025 12:41 pm

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Featured in NetworkNewsWire Editorial on Emerging Mining Models

ESGold (CSE: ESAU) (OTCQB: ESAUF) today announced its inclusion in an editorial by NetworkNewsWire (“NNW”) titled “A New Mining Model Is Emerging — And Wall Street Is Paying Attention.” The feature highlights ESGold’s strategy of redeveloping past-producing and legacy mine sites with known volumes and existing infrastructure, positioning the Company as a lower-risk alternative to traditional high-capex exploration models. With gold prices at record highs and demand for minerals surging, ESGold’s focus on overlooked assets offers a compelling value proposition amid renewed investor interest. To view the full press release, visit https://ibn.fm/lmJl6 About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF)…

WednesdayJul 16, 2025 11:37 am

MiningNewsBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) Reports Higher Q1 Output and Revenue Ahead of August Earnings Release

Silvercorp Metals (TSX: SVM) (NYSE American: SVM) reported preliminary results for Q1 Fiscal 2026 ended June 30, with revenue rising 13% year over year to approximately $81.3 million. Silver production rose 6% to 1.8 million ounces, with silver equivalent output up to 2.0 million ounces. Lead output climbed 1% to 15.7 million pounds, while zinc production fell 19% to 5.2 million pounds. The Ying Mining District drove performance with a 28% increase in ore processed, boosting gold output 79% to 2,050 oz. Exploration and development advanced across multiple sites, including continued drilling at Ying and GC and ramp development at…

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