MiningNewsBreaks Archive - Page 5 of 116

FridayAug 08, 2025 9:00 am

MiningNewsBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) Reports Q1 Fiscal 2026 Net Income of $18.1 Million on $81.3 Million Revenue

Silvercorp Metals (TSX: SVM) (NYSE American: SVM) posted Q1 Fiscal 2026 revenue of $81.3 million from sales of 1.8 million ounces (oz) of silver, 1,951 oz of gold, 15.2 million pounds (lb) of lead, and 5.2 million lb of zinc. The company produced 1.8 million oz of silver, 2,050 oz of gold, 15.7 million lb of lead, and 5.2 million lb of zinc, totaling 2.0 million oz silver equivalent, with an all-in sustaining cost of $13.49 per oz of silver, net of by-product credits. Net income attributable to equity shareholders was $18.1 million, or $0.08 per share, with adjusted net…

ThursdayAug 07, 2025 12:22 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports New Copper Intercepts and Progress at Storm Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) reported new near-surface copper intercepts from recent RC drilling at the Storm Copper Project on Somerset Island, Nunavut, under joint venture with American West Metals. Several intersections lie outside the current conceptual pit walls, indicating potential to expand the mineral resource. Drilling also reached the Deep Cirrus target, intersecting copper sulphide mineralization and favorable stratigraphy. Final results from the MobileMT geophysical survey are expected soon to guide further exploration at depth. To view the full press release, visit https://ibn.fm/hh0xj About Aston Bay Holdings Aston Bay is a publicly traded mineral exploration company exploring for…

ThursdayAug 07, 2025 10:00 am

MiningNewsBreaks – LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Reports Early Drilling Progress at Swanson Gold Project in Québec

LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) announced the completion of seven diamond drill holes totaling 1,764 meters at its Swanson Gold Project in Québec’s Abitibi Greenstone Belt. Core logging revealed pathfinder minerals, widespread alteration, and a standout 17.9-meter sulphide-rich zone in hole SW-025-038. Samples from three holes have been sent for assay, with results pending. The fully funded 5,000-meter drill program aims to expand known mineralization and test additional regional targets. To view the full press release, visit https://ibn.fm/yRrZR About LaFleur Minerals Inc. LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of…

WednesdayAug 06, 2025 10:10 am

MiningNewsBreaks – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) Installs 4.99 MW Battery Storage System in Ontario

Disseminated on behalf of PowerBank Corporation PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), announced the installation of its first 4.99 MW Battery Energy Storage System (BESS) at the SFF-06 project site in Cramahe, Ontario, marking its official entry into the battery storage sector. Backed by a $25.8 million green loan from RBC and acquired through a $45 million transaction with Solar Flow-Through Funds Ltd., the project is 50% owned by PowerBank and 50% by First Nations partners. The system benefits from a 22-year IESO contract with premium pricing and qualifies for a 30% Clean Technology Investment Tax Credit. Civil…

WednesdayAug 06, 2025 9:00 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Expands High-Grade Tin and Silver Zones at Iska Iska Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) announced assay results from the first five holes of its restarted definition drilling program in the Santa Barbara starter pit area at the Iska Iska silver-tin polymetallic project in Bolivia. The drilling highlights include 0.89% Sn over 16.5m and 0.90% Sn over 13.5m in hole DSB-78, along with 401.65 g/t Ag over 3.0m in hole DSB-79. All five holes intersected significant tin and silver mineralization, mostly hosted in intrusion breccias, with visible cassiterite likely amenable to gravity separation. Results confirm lateral and downdip continuity, supporting further infill and step-out drilling to expand and…

TuesdayAug 05, 2025 9:10 am

MiningNewsBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) Prevails in Final Legal Challenge for El Domo Environmental License

Silvercorp Metals (TSX: SVM) (NYSE American: SVM) announced that Ecuador’s Constitutional Court unanimously rejected a final legal challenge against the environmental license for the El Domo mining project, confirming its validity. El Domo, now under construction, is the first mining project in Ecuador to complete an environmental consultation aligned with the Escazú Agreement’s standards. The license was backed by 98% of the local population and has been upheld by multiple judicial levels, including the Constitutional Court. Despite continued obstruction efforts by anti-mining groups, project development remains on track. To view the full press release, visit https://ibn.fm/U2wF3 About Silvercorp Silvercorp is…

ThursdayJul 31, 2025 3:01 pm

MiningNewsBreaks – Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) Begins 10,000-Tonne Bulk Sample at Dominion Creek Gold-Silver Project

Nicola Mining (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has commenced work on its 10,000-tonne bulk sample at the Dominion Creek Mineral Project in British Columbia, where it holds a 75% economic interest. The Company has completed site preparations, including installation of a 14-man camp, bridge construction, equipment mobilization and roadwork, with extraction scheduled to begin following road improvements expected to conclude by August 10. Nicola received a draft permit in March to extract 10,000 tonnes of high-grade gold and silver ore from Dominion, where earlier surface and chip samples returned assays of 62.1 g/t Au and 320 g/t Ag along…

ThursdayJul 31, 2025 2:42 pm

MiningNewsBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) President Featured on Latest IBN MiningNewsWire Podcast

Silvercorp Metals (TSX: SVM) (NYSE American: SVM), a Canadian mining company producing silver, gold, lead and zinc, is featured in the newest episode of IBN’s MiningNewsWire Podcast. In the interview, President Lon Shaver discussed Silvercorp’s transition into a diversified, multi-asset operator, highlighting its recent acquisition in Ecuador and growth strategy. Shaver detailed funding plans for the El Domo project, including $175 million through a Wheaton stream arrangement and $75 million from cash on hand, and emphasized the company’s focus on disciplined M&A and delivering consistent shareholder value. To view the full press release, visit https://ibn.fm/P1dv8 About Silvercorp Silvercorp is a…

ThursdayJul 31, 2025 1:20 pm

MiningNewsBreaks – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Partners with Intellistake on Bitcoin Treasury and Asset Tokenization Initiatives

Disseminated on behalf of PowerBank Corporation PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a leader in clean energy infrastructure, has entered a strategic partnership with Intellistake Technologies Corp. (CSE: ISTK) to pursue initiatives at the intersection of digital assets, energy and tokenized finance. The collaboration includes establishing a Bitcoin-based Digital Asset Treasury Program, with Intellistake providing custody and treasury management support, and exploring the tokenization of PowerBank’s clean energy assets or shares as a financing alternative. PowerBank CEO Dr. Richard Lu said the partnership aims to bridge traditional energy infrastructure with the emerging digital economy as institutions move toward…

ThursdayJul 31, 2025 9:20 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Launches Summer Field Program at Epworth Copper-Silver-Zinc-Cobalt Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) has begun its summer field program at the Epworth sediment-hosted copper-silver-zinc-cobalt project, located 80 km southeast of Kugluktuk, Nunavut. The campaign will focus on the southern portion of the property where a 2024 Mobile MagnetoTelluric survey outlined deep conductors up to 900 m below surface and near-surface anomalies interpreted as potential traps for metal-bearing fluids within the Recluse Group shales. Exploration will also target dolomites of the Lower Rocknest Formation and clastic rocks of the Upper Odjick Formation, both prospective for sediment-hosted copper mineralization. Initial mapping and prospecting have identified multiple copper zones associated…

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