MiningNewsBreaks Archive - Page 33 of 131

MondayApr 21, 2025 9:30 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Files Initial Resource Report for Storm Copper Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) announced the filing of its NI 43-101 technical report detailing an initial Mineral Resource Estimate ("MRE") for the near-surface mineralization at its Storm Copper Project in Nunavut. The MRE outlines indicated resources of 8.2 million tonnes at 1.47% copper and inferred resources of 3.3 million tonnes at 1.30% copper across six deposits. Over 90% of the contained metal is accessible via open-pit mining, with mineralization dominated by high-grade chalcocite. All six deposits remain open, and recent high-grade discoveries offer additional resource expansion potential. A Preliminary Economic Assessment is planned for Q3 2025, supported by…

ThursdayApr 17, 2025 9:52 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Begins On-Site Construction at Montauban Gold-Silver Project

ESGold (CSE: ESAU) (OTCQB: ESAUF) has commenced on-site construction and mill assembly at its fully permitted Montauban Project in Quebec, marking the final phase before production. Backed by its recent C$3.45 million financing, the Company is mobilizing heavy equipment, expanding the mill building, and installing core infrastructure, including power and monitoring systems. ESGold is targeting initial gold and silver production by early Q4 2025, with additional catalysts ahead including an updated economic assessment and ANT survey results aimed at unlocking deeper mineralization potential. To view the full press release, visit https://ibn.fm/hoLrf About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE:…

WednesdayApr 16, 2025 9:38 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Closes C$3.45M Financing to Advance Montauban Gold-Silver Project

ESGold (CSE: ESAU) (OTCQB: ESAUF) has closed its previously announced non-brokered private placement for gross proceeds of C$3,453,940.38, issuing over 16 million common shares and warrants. Proceeds will fund mill circuit construction and final mobilization at the Company’s fully permitted Montauban Gold-Silver Project in Quebec. Management and insider participation totaled 1.25 million units, underscoring internal confidence in ESGold’s strategy to achieve near-term production and long-term exploration success. To view the full press release, visit https://ibn.fm/sfQAD 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.…

TuesdayApr 15, 2025 10:13 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Advances Toward Production with Q3 Gold-Silver Timeline at Montauban

ESGold (CSE: ESAU) (OTCQB: ESAUF) issued a corporate update highlighting steady progress at its fully permitted Montauban Project in Quebec. Following the close of a C$3.4 million private placement on Apr. 4, the company is entering the construction phase of its mill circuit, targeting first gold and silver production in Q3 2025. A final-phase Ambient Noise Tomography survey exceeded depth expectations and will support a 3D geological model due later this month. ESGold also reported the discovery of rhodonite and identified similarities to Australia's Broken Hill deposit, suggesting major exploration upside. An updated PEA and grant application strategy are also…

TuesdayApr 15, 2025 9:57 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports Strong Tin-Silver Results, Expands Drilling at Iska Iska

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) reported final assays from its 10-hole definition drilling program at the Santa Barbara starter pit area of the Iska Iska project in Bolivia, with all holes intersecting significant silver-tin mineralization. Highlights include 129.57 g/t silver over 52.5m and 1.32% tin over 3.0m in Hole DSB-76, plus multiple high-grade tin intervals in Hole DSB-77. The results support future resource upgrades and will inform the next phase of drilling. Eloro also appointed Colin Belshaw as vice president mining and retained CPM Group to provide research and financial advisory services. To view the full press…

MondayApr 14, 2025 11:11 am

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Waterberg Mine Toward Development Decision

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) reported financial results for the six months ended Feb. 28, 2025, and reaffirmed its commitment to advancing the Waterberg Project in South Africa. Planned as a fully mechanized underground mine, Waterberg is projected to be one of the world’s largest and lowest-cost PGM operations, producing platinum, palladium, rhodium, gold, and by-product copper and nickel. Near-term goals include securing construction financing and concentrate offtake agreements. The company also continues R&D through Lion Battery Technologies, which is exploring the use of platinum and palladium in lithium batteries in partnership with Anglo American Platinum and…

ThursdayApr 10, 2025 9:34 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Upsizes Private Placement to C$1.5 Million on Strong Investor Demand

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) has increased its previously announced non-brokered private placement financing from C$705,000 to up to C$1.5 million, citing robust investor interest. The upsized offering will consist of units priced at $0.03 each, with every unit comprising one common share and one warrant exercisable at $0.05 for 36 months. Crescat Capital LLC has committed to invest up to 33% of the offering to support exploration at Fathom’s Gochager Lake Project in Saskatchewan. Proceeds will fund expanded fieldwork including soil geochemistry and geophysics ahead of a fall drill program. To view the full press release,…

WednesdayApr 09, 2025 11:03 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Partners with IBN to Boost U.S. Investor Awareness

ESGold (CSE: ESAU) (OTCQB: ESAUF) has engaged InvestorBrandNetwork ("IBN") to enhance its investor awareness strategy as it moves toward near-term gold and silver production. With construction progressing at the fully permitted Montauban Gold-Silver Project and first production expected in Q3 2025, ESGold aims to expand visibility across institutional and retail channels. IBN will support these efforts through its network of more than 5,000 media outlets, social channels, and investor brands. To view the full press release, visit https://ibn.fm/NMeH9 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…

WednesdayApr 09, 2025 9:20 am

MiningNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Appoints Data Center Veteran as Advisor for Market Expansion

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) has retained Jonathan Martone of Martone Advisors LLC to guide its planned expansion into the data center industry. Martone brings over 25 years of experience in telecommunications and data center development, including site selection, power grid strategy, and infrastructure planning. SolarBank first announced its strategic interest in the data center sector in November 2024 and is actively evaluating potential opportunities to support growing demand from AI-driven computing needs. To view the full press release, visit https://ibn.fm/UHg2M About SolarBank Corporation SolarBank Corporation is an independent renewable and clean energy project developer…

WednesdayApr 09, 2025 9:00 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Secures Strategic Funding Boost for Storm Copper Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) announced that joint venture partner American West Metals has entered a strategic partnership and funding agreement with Ocean Partners Holdings to support development of the Storm Copper Project. Ocean Partners will provide up to 80% of initial development capital through a senior secured loan, subscribe to a $2 million financing, and receive 100% of offtake rights for copper and silver from near-surface mineralization. In addition, Taurus Mining Royalty has advanced a $3.5 million payment under a previously announced royalty deal, with Aston Bay receiving 20% of the proceeds without restrictions. To view the full…

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