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Nord Precious Metals Secures MICA Investment to Scale Critical Minerals Production from Tailings
Thenewswire· 2025-06-23 13:00
Re-2Ox hydrometallurgical system addresses arsenic barrier to battery metals recovery Coquitlam, BC – TheNewswire - June 23, 2025 - Nord Precious Metals Mining Inc. (TSX-V: NTH | OTCQB: CCWOF | FRANKFURT: 4T9B) announced today it has secured $200,000 in funding from the Mining Innovation Commercialization Accelerator (MICA) Network to advance its Re-2Ox technology from Technology Readiness Level 6 to TRL 7, positioning the system for commercial deployment and licensing opportunities. The funding, part of MI ...
LaFleur Minerals Advancing Restart of Beacon Gold Mill and Bulk Sample for Swanson Gold Project
Newsfile· 2025-06-23 12:30
Core Viewpoint - LaFleur Minerals is progressing towards restarting the Beacon Gold Mill and conducting a Preliminary Economic Assessment (PEA) for the Swanson Gold Project, aiming for production by early 2026 [1][5][7]. Group 1: Beacon Gold Mill Restart - The Beacon Gold Mill, a fully permitted facility with a capacity of 750 tonnes per day, underwent over C$20 million in repairs and refurbishments prior to acquisition in Fall 2024 [5][7]. - A comprehensive mill restart plan includes approximately C$3.8 million for equipment and maintenance improvements, and C$1.8 million for tailings storage facility repairs [5]. - The mill has no outstanding royalties or encumbrances, enhancing its financial viability [5]. Group 2: Swanson Gold Project - The Swanson Gold Project covers 166 km² and contains an Indicated Mineral Resource of 2,113,000 tonnes at an average grade of 1.8 g/t gold, equating to 123,400 ounces of contained gold [3]. - An Inferred Mineral Resource Estimate of 872,000 tonnes at an average grade of 2.3 g/t gold is also present, amounting to 64,500 ounces of contained gold [3]. - The company plans to conduct a minimum 5,000-metre diamond drilling program at Swanson, focusing on four primary target areas [1][10]. Group 3: Market Context and Financial Strategy - Current gold prices are around USD$3,300 per ounce, prompting the company to capitalize on this market rally [5][7]. - The company is in discussions with various groups to finance the restart of the Beacon Gold Mill using mineralized material from the Swanson Gold Deposit [8][10]. - A bulk sample of up to 100,000 tonnes from the Swanson Gold Deposit is being planned for testing at the Beacon Mill [10]. Group 4: Future Plans and Investor Engagement - The company is organizing a site visit for prospective investors and analysts in July 2025 to showcase the Beacon Gold Mill and Swanson Gold Project [8]. - The CEO emphasized the strategic importance of the current year for restarting production and increasing mineral resources at Swanson [7].
Ridgeline Minerals Commences Drill Program at the Selena CRD Project, Nevada
Newsfile· 2025-06-23 12:00
Ridgeline Minerals Commences Drill Program at the Selena CRD Project, Nevada June 23, 2025 8:00 AM EDT | Source: Ridgeline Minerals Corp. Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) ("Ridgeline" or the "Company") is pleased to announce the commencement of its 2025 drill program at the Selena Carbonate Replacement ("CRD") project ("Selena" or "Project") (Figure 1). The Project is currently being operated by Ridgeline under Ph ...
Canterra Minerals Intersects 60.7 Metres of 0.85% Copper Equivalent at the Buchans Project, Newfoundland
Newsfile· 2025-06-23 11:00
Canterra Minerals Intersects 60.7 Metres of 0.85% Copper Equivalent at the Buchans Project, Newfoundland June 23, 2025 7:00 AM EDT | Source: Canterra Minerals Corporation Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (FSE: DXZB) ("Canterra" or the "Company") is excited to report new drill results from its ongoing 10,000 metre drill program at its 100% owned Buchans Project, located in Newfoundland's prolific Central Mining District. ...
Magna Mining Announces Funding Award from the Critical Minerals Innovation Fund (CMIF)
Newsfile· 2025-06-23 11:00
Core Viewpoint - Magna Mining Inc. has received a funding award of up to C$500,000 from the Ontario government to support metallurgical work aimed at enhancing precious metal recoveries at the Crean Hill project [1][2]. Group 1: Funding and Project Details - The funding will be utilized for metallurgical work related to improving precious metal recoveries from contact and footwall mineralization at the Crean Hill project, which is part of a surface bulk sample program conducted in 2024 [1]. - The Ontario government is actively supporting the development of critical mineral production in Sudbury, with this funding being part of a broader strategy to enhance mineral recoveries and create jobs [2]. Group 2: Company and Industry Context - Magna Mining is a producing mining company with a focus on copper, nickel, and PGM projects in the Sudbury Region of Ontario, Canada, including the McCreedy West copper mine and several past-producing mines [6]. - The company aims to restart multiple mining operations and increase copper and nickel production in Sudbury over the next 3 to 4 years, supported by initiatives like the Critical Minerals Innovation Fund and the new C$500 million Critical Minerals Processing Fund [2].
Antipa Minerals set to unlock gold-copper potential in WA's booming Paterson Province
Proactiveinvestors NA· 2025-06-19 07:01
Core Insights - The Paterson Province in Western Australia is emerging as a global exploration hotspot, attracting major players like Greatland Gold and Rio Tinto, with Antipa Minerals Ltd strategically positioned to capitalize on this trend [1][8]. Company Overview - Antipa Minerals holds over 4,100 square kilometers of exploration tenements and is advancing its flagship Minyari Dome Gold-Copper Development Project, located near significant deposits like Greatland's Telfer mine and Rio Tinto's Winu project [2][9]. - The Minyari Dome project hosts a resource of 2.9 million ounces of gold equivalent, including 2.4 million ounces of gold and 69,000 tonnes of copper, making it a cornerstone of Antipa's growth strategy [9][11]. Exploration and Development - Antipa is expanding its exploration beyond Minyari Dome, focusing on targets like Parklands and Jezabeel, which show large surface gold anomalies [4][20]. - The company is conducting a robust exploration program, including a Phase 1 drilling program with 57 reverse circulation holes and four diamond core holes, aimed at extending known mineralization [15][19]. Financial Position - Antipa has a strong financial position with a cash balance of $40 million and zero debt, allowing for accelerated exploration and development without external funding [23][26]. - The company's market capitalization stands at $437 million, supported by institutional backing from companies like Greatland Gold and IGO [26]. Leadership and Strategy - Antipa is led by an experienced team, including CEO Roger Mason, who has 37 years of experience in exploration and mining operations, providing the company with the necessary expertise to advance its projects [27][32]. - The company is committed to responsible and sustainable development, focusing on building relationships with local communities and stakeholders [31][32]. Future Outlook - Antipa's ongoing drilling campaigns and exploration programs are expected to generate significant news flow throughout 2025, with the potential for new gold and copper discoveries [33].
Green Battery Minerals Inc. Announces Change Of Name
Thenewswire· 2025-06-18 16:00
Company Name Change - The company has received TSX approval to change its name from "Green Battery Minerals Inc." to "First Canadian Graphite Inc." [1] - The common shares will commence trading under the new name and symbol FCI on June 20, 2025 [2]. Share Structure - There is no consolidation of the company's share capital associated with the name change, meaning shareholders do not need to exchange existing share certificates [3]. - The name change does not affect the company's share structure or the rights of shareholders, and no further action is required by existing shareholders [3].
Canadian Critical Minerals Announces Resignation of Director
Newsfile· 2025-06-17 23:31
Company Overview - Canadian Critical Minerals Inc. (CCMI) is a mining company focused on copper production assets in Canada [2] - The main asset of CCMI is the Bull River Mine project, which contains 150 million lbs of copper, located near Cranbrook, British Columbia [2] - CCMI also holds a 10% interest in XXIX Metal Corp., which owns the Thierry copper project in Ontario and the Opemiska copper project in Quebec [2] Recent Developments - Chris Stewart has resigned as a director of CCMI for personal reasons, effective June 16, 2025 [1] - Ian Berzins, President and CEO of CCMI, expressed gratitude for Mr. Stewart's service and contributions to the company [1]
Hudbay Minerals Restarts Snow Lake Operations Post Wildfire Disruption
ZACKS· 2025-06-17 17:00
Core Insights - Hudbay Minerals Inc. has resumed operations at the Snow Lake mine in Manitoba after evacuation orders were lifted due to a wildfire crisis [2][7] - The company is prioritizing gold zones at the Lalor mine and expects the New Britannia gold mill to reach full production this week [3][7] - Hudbay Minerals has pledged over $2 million in support for wildfire relief, including $1.6 million for evacuated employees and $500,000 to the Canadian Red Cross [4][7] Company Operations - Operations at the Snow Lake mine were temporarily suspended on June 4, 2025, due to advancing wildfires [2] - The company is on track to meet its 2025 annual guidance for Manitoba, driven by strong performance in the Snow Lake mine [3] Community Support Initiatives - Hudbay Minerals is working with local communities to assist employees and neighbors in returning to the region [4] - The company has secured accommodations for evacuated employees and their families and has deployed external firefighters [5] - A community Relief Donations Fund has been established, with the company contributing $2 for every $1 donated by employees [5] Stock Performance - Hudbay Minerals' shares have increased by 11.6% over the past year, outperforming the industry growth of 1% [6]
Canterra Minerals Identifies New District-Scale Gold Targets Along Valentine Lake Shear Zone Immediately Adjacent to Equinox Gold's Valentine Mine in Central Newfoundland
Newsfile· 2025-06-16 11:00
Five multi-kilometre-scale gold targets defined through newly compiled and reprocessed geophysical datasets spanning the gold belt from Equinox's Valentine mine through Canterra's Wilding Gold Project. Each target demonstrates key geological characteristics analogous to those at the Valentine Mine, a 4.0 Moz Au M&I and 1.1 Moz Au Inferred resource (2024)1. The newly interpreted data supports a targeted and systematic basal till sampling program to accelerate drill targeting across multiple gold-bearing stru ...