Precious Metals Mining

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Juggernaut Closes $1,000,000 $0.64 Unit Private Placement Financing
Thenewswire· 2025-07-17 11:45
Core Viewpoint - Juggernaut Exploration Ltd. has successfully closed a private placement financing, raising a total of $1,000,000 to support its exploration activities and general working capital [1][3]. Financing Details - The company issued 1,562,500 units at a price of $0.64 per unit, with each unit comprising one common share and one common share purchase warrant [2]. - The warrants are exercisable at $0.84 for a period of 5 years, with a provision for the company to accelerate the exercise period if the share price exceeds $1.84 for 10 consecutive trading days after the hold period [2]. Use of Proceeds - The funds raised will be allocated towards exploring Juggernaut's properties located in Northwestern British Columbia, as well as for general working capital needs [3]. Securities Regulation - All securities issued in this financing are subject to a hold period of four months plus one day from the date of issuance [4]. Company Overview - Juggernaut Exploration Ltd. is focused on precious metals exploration in the Golden Triangle of northwestern British Columbia, operating in favorable geological and geopolitical conditions for Tier 1 mining [6]. - The company is a member of CASERM, collaborating with the Colorado School of Mines and Virginia Tech, and has Crescat Capital as a key strategic shareholder [6].
Nord Precious Metals Unveils 68th Test Pit Excavation Drone Video, Confirms Tailings Extend to Property Boundaries
Thenewswire· 2025-07-16 14:40
Core Insights - Nord Precious Metals Mining Inc. has released video documentation of excavation work at its Castle Silver Mine property, highlighting the discovery of Test Pit 68, which is the deepest excavation to date in the exploration of legacy tailings deposits [1][2] Operational Progress - The excavation program has revealed that the area designated for gravity circuit installation is situated atop historical tailings rather than bedrock, transforming site preparation into resource delineation [4] - Each test pit provides both geotechnical data and potential feed material, with the company confirming an alternate location for a modular processing facility [4][8] - The systematic approach to excavation includes precision work within defined parameters, comprehensive documentation of stratified layers, and methodical sample collection for metallurgical characterization [5][10] Strategic Implications - The discovery of extensive tailings deposits at property boundaries indicates that the resource footprint exceeds initial estimates, suggesting significant potential for resource expansion [6] - The confirmation of high-grade material extending beyond previously mapped areas enhances the project's near-term potential and could strengthen project economics from the commencement of operations [7] Next Steps - The company will continue test pit exploration to property boundaries, focusing on determining the source of migrating tailings and developing a three-dimensional model that integrates historical mine plans with current excavation results [9]
Starcore's Corporate Recap
Newsfile· 2025-07-16 06:30
Core Insights - Starcore International Mines Ltd. is achieving its corporate targets and focusing on strategic goals to enhance shareholder value [2][6] - The company is engaged in precious metals production, primarily in Mexico, and is expanding its international reach with projects in Côte d'Ivoire [2][6] - Starcore is recognized for its commitment to Corporate Social Responsibility and aims to make value-driven decisions for long-term shareholder benefits [2] Recent Developments - A spin-out of exploration interests in Côte d'Ivoire will reward Starcore shareholders with one share of EU Gold Mining Inc. for every two shares of Starcore, pending approval [6] - The company has secured a lease for a historical silver mine for ten years, allowing access to minerals and surrounding claims in a promising exploration area [6] - Starcore is utilizing CIL (carbon-in-leach) processing technology at its San Martin Mine to enhance mineral recovery from the newly accessed silver mine, supported by recent metallurgical testing [6]
Nord Precious Metals AGM Results
Thenewswire· 2025-07-15 18:45
Group 1 - Nord Precious Metals Mining Inc. held its Annual General Meeting on July 15, 2025, where all proposed resolutions were approved with over 99.24% voting in favor [1][2] - The re-elected Directors include Frank J. Basa, Matthew Halliday, and Daniel Barrette, with Frank J. Basa continuing as President & CEO [2] - SHIM & Associates LLP was appointed as the Company’s auditors, and a 10% rolling share option plan was ratified [2] Group 2 - The Company has discovered a significant high-grade silver vein system at Castle East, located 1.5 km from its Castle Mine in Northern Ontario [3] - A 60,000-meter drill program has been completed to expand the resource estimate, which previously indicated 7.56 million ounces of silver in Inferred resources [4] - The Castle East discovery features very high-grade silver at 8,582 grams per tonne un-cut, with a focus on further resource estimation [4] Group 3 - Nord holds 14 battery metals properties in Northern Quebec and has completed a nearly 16,000-meter drill program on the Graal property, which is now part of Coniagas Battery Metals Inc. [5] - The Company also has a lithium project covering 260 square kilometers near Cochrane, Ontario, with significant exploration potential [5] - The Castle mine and property present strong exploration opportunities for multiple metals including silver, cobalt, nickel, gold, and copper [6] Group 4 - Nord is strategically positioned to become a leader in the silver-cobalt sector, with underground access at the Castle Mine and a pilot plant for cobalt-rich concentrates [6] - The Company operates a processing facility (TTL Laboratories) and utilizes a proprietary hydrometallurgical process known as Re-2Ox for producing technical-grade cobalt sulfate and NMC formulations [6]
Minaurum Announces Drill Results from New Vein Zone Target; Promontorio Sur at Alamos Silver Project
Newsfile· 2025-07-15 12:30
The Promontorio Sur vein zone can be traced on surface for 1.5 km as quartz-carbonate veinlets hosted in andesitic agglomerate. The veinlets are interpreted as representing high levels of the epithermal system, with potential for high-grade mineralization at depth. Outcrop geochemical sampling shows anomalous values of silver, gold, and base metals along the structure. Minaurum drilling shows that the andesite overlies altered and mineralized limestone, with mineralization occurring at a fault contact betwe ...
Vizsla Royalties to Present at the Upcoming Emerging Growth Conference
Newsfile· 2025-07-15 12:00
Vizsla Royalties to Present at the Upcoming Emerging Growth Conference July 15, 2025 8:00 AM EDT | Source: Vizsla Royalties Corp. Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - Vizsla Royalties Corp. (TSXV: VROY) (OTCQB: VROYF) ("Vizsla Royalties" or the "Company") is pleased to announce its participation at the Emerging Growth Conference on Wednesday July 16, 2025. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact w ...
Nord Files Year End Financials and Announces MCTO Status
Thenewswire· 2025-07-15 01:15
Company Update - Nord Precious Metals Mining Inc. has filed its annual financial statements for the year ended December 31, 2024, along with the management discussion and analysis and CEO and CFO certifications, following a management cease trade order issued on May 1, 2025 [1] - The company is also required to file its Q1 interim financial statements for the three-month period ended March 31, 2025, and will continue to issue bi-weekly default status reports until the situation is resolved [2][3] Company Operations - Nord operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, focusing on high-grade silver discovery and strategic metals recovery [5] - The flagship Castle property covers 63 square kilometers and includes the Castle Mine, with drilling delineating 7.56 million ounces of silver in inferred resources averaging 8,582 g/t Ag (250.2 oz/ton) [5] - The company's integrated processing strategy supports the recovery of high-grade silver while also extracting critical minerals such as cobalt and nickel, utilizing a proprietary hydrometallurgical process for producing technical-grade cobalt sulfate and nickel-manganese-cobalt formulations [6] Strategic Positioning - Nord maintains a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project, which spans 260 square kilometers near Cochrane, Ontario [7]
USD weakness could reignite gold rally as semis drive silver demand and platinum jewelry production heats up – Heraeus
KITCO· 2025-07-14 19:46
Core Insights - The article discusses the expertise of Ernest Hoffman, a Crypto and Market Reporter for Kitco News, highlighting his extensive background in market news and journalism [3]. Group 1 - Ernest Hoffman has over 15 years of experience in writing, editing, broadcasting, and producing for various media and cultural organizations [3]. - He began his career in market news in 2007, establishing a broadcast division that created a fast web-based audio news service [3]. - Hoffman has a Bachelor's degree in Journalism from Concordia University [3].
Platinum Group Metals Ltd. Reports Third Quarter 2025 Results
Newsfile· 2025-07-11 21:00
Core Viewpoint - Platinum Group Metals Ltd. is focused on advancing the Waterberg Project in South Africa, which is projected to be one of the largest and lowest-cost underground platinum group metals mines globally [1][23]. Financial Results - For the nine months ended May 31, 2025, the company reported a net loss of $3.40 million, an improvement from a net loss of $4.02 million in the same period in 2024 [14]. - General and administrative expenses increased to $2.78 million from $2.57 million year-over-year, while stock-based compensation decreased to $0.79 million from $1.61 million [14]. - Basic and diluted loss per share was $0.03, compared to $0.04 for the same period in 2024 [15]. Project Development - The Waterberg Project is owned by Waterberg JV Resources, with Platinum Group holding a 37.32% interest [5]. - The company aims to finalize construction financing and concentrate offtake agreements to advance the Waterberg Project to a development and construction decision [2][23]. - An interim budget of Rand 42 million (approximately $2.27 million) was approved to continue work programs for the Waterberg Project [7]. Recent Events - A non-brokered private placement raised $1.0 million by issuing 800,000 common shares at $1.26 each, allowing a major shareholder to regain a 26% interest in the company [6]. - The company entered into an Equity Distribution Agreement to distribute up to $50 million of common shares through an at-the-market equity program [8][10]. Smelting and Refining Initiatives - A memorandum of understanding was signed with Ajlan & Bros for establishing a platinum group metals smelter and base metal refinery in Saudi Arabia [11]. - The company is conducting a trade-off study to assess the feasibility of exporting PGM concentrate from South Africa to Saudi Arabia [20][22]. Market Outlook - The company is exploring new applications for PGMs in battery technologies through its initiative with Lion Battery Technologies [2][29]. - Despite recent global tariffs raising market uncertainties, platinum and palladium prices have been increasing due to strong demand and supply concerns [30][32]. Environmental, Social, and Governance (ESG) - The company received a BBB score in its fourth annual ESG disclosure report, indicating a commitment to improving ESG performance [33][34].
Kingman Minerals Ltd. Announces AGM Extension and Non-Brokered Private Placement
Newsfile· 2025-07-11 19:50
Core Viewpoint - Kingman Minerals Ltd. has received approval to extend the deadline for its Annual General Meeting to October 21, 2025, and plans to complete a non-brokered private placement of up to $504,000 [1][6]. Financing Details - The company intends to issue up to 7,200,000 units at a price of $0.07 per unit, with each unit consisting of one common share and one warrant [2]. - Each warrant will allow the holder to purchase an additional common share at an exercise price of $0.09 for 24 months from the closing date of the offering [2]. - Finder's fees of 6.0% of gross proceeds may be paid, along with finder's warrants equal to 6.0% of the units sold [3]. Use of Proceeds - The net proceeds from the offering will be used for working capital and to advance the preparation and permitting of an exploration plan at the Mohave Project, including the historic Rosebud Mine in Arizona [3]. AGM Extension - The company was required to hold its AGM by August 21, 2025, but has received an extension to October 21, 2025, to ensure adequate preparation [6][7]. - This extension allows the company to complete necessary corporate, regulatory, and administrative preparations for the AGM [7]. Related Party Transactions - Certain insiders of the company are expected to acquire units in the offering, which will be considered related party transactions [5]. - The company plans to rely on exemptions from formal valuation and minority shareholder approval requirements due to the fair market value of related party participation being below 25% of its market capitalization [5]. Company Overview - Kingman Minerals Ltd. is focused on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [9][10].