MiningNewsBreaks Archive - Page 7 of 101

ThursdayFeb 06, 2025 2:47 pm

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Leveraging Flagship Project, Partnerships Amid Growing Demand for PGMs

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is uniquely positioned as platinum group metals (“PGMs”), including platinum, palladium and rhodium are poised for growth in 2025, driven by demand in the automotive, hydrogen-energy and industrial sectors. “The company’s flagship Waterberg Project in South Africa is a large-scale resource designed to supply palladium, platinum, rhodium and gold as well as copper and nickel for the global markets,” reads a recent article. “The company is focused on advancing its Waterberg Project, which is expected to be a key low cost supplier of palladium and platinum. The project emphasizes sustainability and cost-efficiency,…

ThursdayFeb 06, 2025 10:05 am

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Closes Final Tranche of Oversubscribed Private Placement, Raising $630,560

Torr Metals Inc. (TSX.V: TMET) has completed the final tranche of its oversubscribed non-brokered private placement, bringing total proceeds to $630,560. The company issued 1,382,500 non-flow-through units at $0.10 per unit, generating $138,250 in gross proceeds. CEO Malcolm Dorsey highlighted the funding's role in advancing the Filion Gold Project in northern Ontario, where recent surveys indicate strong discovery potential. Warrants from the offering are exercisable at $0.20 per share until Feb. 5, 2027, with an acceleration clause. The proceeds will support exploration and working capital, pending TSX Venture Exchange approval. To view the full press release, visit https://ibn.fm/dPCaE About Torr…

ThursdayFeb 06, 2025 9:30 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Begins First Deep Exploration at Montauban Using ANT Technology

ESGold (CSE: ESAU) (OTCQB: ESAUF) has launched its first-ever systematic deep exploration program at the Montauban Project, marking a historic milestone in the property's 110-year history. In partnership with Caur Technologies, the Company is deploying Ambient Noise Tomography across a 10 km² section to generate 3D subsurface imaging, identify high-value drill targets, and assess the deposit’s full scale. The survey will scan depths up to 400 meters and integrates AI modeling with historical data, aiming to uncover previously unrecognized mineralization and drive long-term value through discovery and production. To view the full press release, visit https://ibn.fm/udiP3 About ESGold Corp. ESGold…

WednesdayFeb 05, 2025 2:30 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Unlocking Value at Filion Gold Project

Torr Metals (TSX.V: TMET) is positioned to leverage the rising gold market with its 100% owned projects in prolific, easily accessible Canadian mining regions, including the Filion Gold Project in Ontario. The company was highlighted in a recent article that reads, “Torr Metals is capitalizing on this bullish gold environment with its flagship Filion Gold Project in northern Ontario, Canada. Situated adjacent to the Trans-Canada Highway and within an unexplored greenstone belt, Filion offers high-grade gold potential that aligns with the growing demand for new discoveries. The company recently completed an 8.8 km2 surface geochemical program as well as a 12.5…

WednesdayFeb 05, 2025 2:11 pm

MiningNewsBreaks – Eminent Gold Corp. (TSX.V: EMNT) (OTCQB: EMGDF) Announces Promising Assay Results from Hot Springs Range Project

Eminent Gold (TSX.V: EMNT) (OTCQB: EMGDF) today provided the remaining core assays for its first complete hole (“HSC002”) at the Hot Springs Range Project in Nevada and updated progress on its current drill hole (“HSC003”). “We are very pleased with the gold and arsenic mineralization occurring over a 427-meter interval in our first completed hole, which was drilled parallel to a key target structure into a blind target. The four significant intercepts are a great validation for our model and suggest that we are in the unveiling of a strong gold-mineralizing system. The presence of strong arsenic mineralization provides evidence…

WednesdayFeb 05, 2025 9:10 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Gold Resource Increase at Fox Complex’s Grey Fox Deposit

McEwen Mining (NYSE: MUX) (TSX: MUX) reported a significant increase in estimated gold resources at the Grey Fox deposit within its Fox Complex, compared to its 2021 estimate. The discovery cost was $14.46 per ounce, with mineralization located near the historically productive Porcupine-Destor fault. The increase is attributed to exploration drilling, a higher gold price assumption of $2,000 per ounce versus $1,725 in 2021, and a lower cut-off grade of 1.60 g/t gold. Chairman Rob McEwen stated that the expanded resources will support higher annual production and extended mine life. A complete resource update is expected in the coming weeks.…

MondayFeb 03, 2025 11:55 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports Increased Gold Resources at Grey Fox Deposit

McEwen Mining (NYSE: MUX) (TSX: MUX) announced a significant increase in estimated gold resources at the Grey Fox deposit within its Fox Complex as of Dec. 31, 2024, compared to its 2021 estimate. The discovery cost averaged $14.46 per ounce, with new exploration drilling and higher gold prices contributing to the resource expansion. The updated resource estimate reflects a lower cut-off grade due to gold price adjustments from $1,750 to $2,000 per ounce. Chairman Rob McEwen stated that the expanded resources will support increased annual production and extended mine life. A full resource update is expected in the coming weeks.…

FridayJan 31, 2025 3:15 pm

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Joins Forces to Fuel Saudi Vision 2030

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) was featured in a recent article that discussed its positioning amid Saudia Arabia’s ambition to establish itself as a global hub for mining, tapping into mineral wealth valued at more than $1.3 trillion. “Saudi Arabia is accelerating its efforts to diversify its economy, recently announcing more than $9 billion in new mining and metals agreements. Outlined during the 28th World Investment Conference in Riyadh, these deals are pivotal to the kingdom’s Vision 2030 initiative, aimed at reducing its dependence on oil and fostering growth in other industries,” the article reads. “One of…

FridayJan 31, 2025 1:47 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Positioning to Lead in Key Metals Space

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) is poised as the exploration and discovery of key metals becomes more critical than ever to ensure a steady supply to meet burgeoning global demands. “In the modern era, metals are the backbone of technological advancement and economic development. From the devices that connect us to the infrastructure that supports us, key metals are indispensable. Aston Bay, a publicly traded mineral exploration company exploring for high-grade critical and precious metal deposits, is committed to becoming a leader in this space,” reads a recent article. “Aston Bay focuses on exploring and developing base metals properties in…

ThursdayJan 30, 2025 2:25 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Featured in New Video Series by Allan Barry Laboucan

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset rich diversified gold and silver producer with a large exposure to copper through its McEwen Copper subsidiary, was recently featured in a new video series launched by Allan Barry Laboucan called “Insights into Drilling.” Allan has spent 30 years of his life watching drill results, drill programs, drill models and reasons for drilling. He sees it as the lifeblood of the mining business. In an email to subscribers introducing the first video of the series, he wrote, “McEwen Mining has catalysts from their world-class copper development project, strong improvement to their bottom…

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