MiningNewsBreaks Archive - Page 9 of 107

ThursdayApr 24, 2025 9:27 am

MiningNewsBreaks – Canada One Mining Corp. (TSX.V: CONE) (OTC: COMCF) (FSE: AU31) to Advance Exploration at Flagship Copper Dome Project

Canada One (TSX.V: CONE) (OTC: COMCF) (FSE: AU31) has announced its receipt of a 5-year exploration drilling permit from the British Columbia Ministry of Mining and Critical Minerals for its 100%-owned flagship Copper Dome Project in Princeton, British Columbia. According to Canada One’s CEO and President, Peter Berdusco, the milestone allows the company to fully explore the project through to discovery, with next steps focused on the newly identified Boundary Zone discovered in 2023. The planned 2025 field season will identify and prioritize specific targets based on geological, geochemical, geophysical and structural data. The project has shown encouraging results from…

WednesdayApr 23, 2025 9:10 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Updates 2025 Exploration Plans for Storm Copper Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) provided an update on the 2025 exploration program at the Storm Copper Project in Nunavut, operated by American West Metals under a 20/80 joint venture. The upcoming program will focus on the >20km Midway-Storm-Tornado corridor, targeting high-priority prospects including Midway, Tornado, and Blizzard, all showing visual copper sulfide mineralization in brecciated dolomites of the Allen Bay Formation. Historic drill holes, previously unsampled, will be assayed in 2025. Large-scale geophysical anomalies and a planned Mobile Magneto-Telluric survey aim to refine targets and identify deeper copper deposits across the 110km strike length. A Preliminary Economic Assessment is…

TuesdayApr 22, 2025 10:05 am

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Pursues Government Support as Montauban Project Nears Production

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced ongoing discussions with both the Quebec and Canadian governments to secure non-dilutive funding as it advances its fully permitted Montauban Project toward near-term gold and silver production. With construction of a 500-tonne pilot plant and 1,000-tonne commercial facility underway, ESGold aims to create up to 30 direct jobs, prioritize local contractors, and lead in sustainable mining innovation through clean technology and proprietary equipment. To view the full press release, visit https://ibn.fm/eHh8Y 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…

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,…

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