MiningFeeds.com’s Post

Lunnon Metals Ltd (ASX:LM8) has finalised a groundbreaking mining agreement with the Ngadju Native Title Aboriginal Corporation (NNTAC), ensuring benefits for the Ngadju People from its Kambalda Gold & Nickel Project. Highlights of the agreement include: ✅ Royalties linked to future production. ✅ Funding for education, cultural programs, and conservation initiatives. ✅ Heritage protection measures aligned with modern exploration standards. Managing Director Edmund Ainscough remarked: "This Agreement has taken over three years to finalise but embodies a shared commitment with the Ngadju People to progress our gold and nickel portfolio towards development and potential future production." This partnership reflects Lunnon Metals dedication to cultural respect, sustainability, and collaboration with traditional land custodians. Liam Twigger | Ashley McDonald | Deborah Lord | Aaron Wehrle | Nicole Jeanneret | Helen Anderson | Stewart Walters #MiningNews #Sustainability #AustralianResources #Collaboration #ASX

High-Grade Discoveries and Strategic Growth in Quebec's Gold Sector: https://ow.ly/V90v50Upxxh Bonterra Resources Inc. has announced significant assay results from its Moss target exploration and the resumption of drilling activities at the Phoenix Joint Venture. Learn more about the Phoenix Joint Venture's potential to redefine Quebec's emerging Urban-Barry gold camp. $BTR.V $BONXF #goldstocks

Junior gold stock Laurion Mineral Exploration (TSXV:LME) seeks to raise C$1.7 million through a flow-through private placement on a non-brokered basis. The junior miner will use the proceeds for exploration expenses over the next 18-24 months, as it pursues numerous demonstrated expansion opportunities. Laurion Mineral Exploration stock (TSXV:LME) has added 14.29 per cent year-over-year and 300 per cent over the past five years. #gold #juniorgold #goldstocks #juniormining #goldmining #stockstowatch #stocksinfocus #stocks

Dryden Gold Corp. (DRY-V)   Dryden arranges strategic investment by Centerra Gold through $3.38M non-brokered private placement   On December 10, 2024, Dryden announced a strategic investment by Centerra Gold Inc. (CG-T). Dryden has arranged a $3.38M non-brokered private placement of an aggregate of 14,930,001 common shares and in connection therewith Centerra (https://lnkd.in/eyT2U_Cr) shall acquire ~9.9% of the issued and outstanding common shares of Dryden. The proceeds shall be used to advance exploration at Dryden Gold's 70,000-ha property in NW Ontario. Recall Dryden had on November 12, 2024, October 8, 2024 and September 9, 2024 reported updates to its Phase 5 drill program at the Elora Project with a drill result of up to 5.7m @ 30.72 g/t Au, (including 313 g/t Au over 0.55m). We highlight that Kenorland (KLD-V) is active in the general area with 4 district scale projects (see: https://lnkd.in/eph_rSSD). Centerra’s strategic positioning attests to renewed interest from exciting exploration results and advancing geological models.     Trey Wasser, CEO of Dryden Gold, stated, "We're very excited to welcome Centerra as a new strategic investor in Dryden Gold. Centerra is using its strong balance sheet to focus on organic growth through strategic investments and is providing valuable capital to select junior mining companies. We look at this investment as a strong validation of our Property, our Team and the science behind our exploration program. The proceeds of this financing will go directly towards advancing and expanding our exploration initiatives in the Dryden Gold District. Together with our recently closed financing, the Company will now be fully financed through 2025 with a $5.8MM exploration budget and an additional $2MM in hard dollars to cover G&A, marketing and our final property payment to Alamos Gold".   See end of: https://lnkd.in/eezDax7t   https://lnkd.in/euvXSbuv #ontario #wabigoon #gold

Many Peaks Minerals is hitting the ground running with diamond drilling after the acquisition of four mineral permits in Cote d’Ivoire where over US$4 million in prior exploration has already been spent. Many Peaks Minerals (ASX:MPK) #ASX

#NewsRelease: #PTXMetals #PANXF #PTX has initiated the exploration programs for the South Timmins #GoldProjects in the spring of 2024. The comprehensive exploration programs aim to assess the geological potential of the South Timmins Gold Projects using advanced exploration techniques. The South Timmins Gold Projects are located in an established mining district that has a history of prolific gold production. PTX Metals' exploration programs are designed to identify new mineralization targets and to expand the known mineralization zones. The exploration programs include geophysical surveys, geochemical sampling, and diamond drilling. The results of the exploration programs will be used to develop a better understanding of the geological framework of the South Timmins Gold Projects and to delineate potential mineral resources. PTX Metals is committed to the highest standards of safety, environmental protection, and stakeholder engagement in all its exploration activities.

The Australian shares Rumble Resources Ltd's (ASX:RTR) news on how the company has started a major exploration program at Western Queen gold project, with the aim of further growing the resource 👉 https://lnkd.in/gihvmXi4 #asx #RTR #gold #tungsten #criticalminerals

Solstice Minerals (ASX:SLS) latest aircore drilling at the Bunjarra Prospect has returned impressive shallow gold intercepts, with a standout result of 10m @ 3.61g/t Au from 41m, including 5m @ 6.48g/t Au. This exciting discovery positions Bunjarra as a promising gold target in the region. Solstice Minerals CEO and Managing Director, Nick Castleden shared: “A shallow, wide aircore drill hit of 10m at 3.61g/t Au, including 5m at 6.48g/t, is an exciting development for the Company. This result confirms Bunjarra as a genuine bedrock target that warrants immediate RC drilling.” Key Highlights: 🥇 10m @ 3.61g/t Au from 41m, including 5m @ 6.48g/t Au 🥇 Promising new shallow gold mineralisation 🥇 RC drilling planned for the December quarter 🥇 Strong balance sheet with $17.5 million to support ongoing exploration Michael Emery Nicholas Read Read Corporate #GoldExploration #Mining #WesternAustralia #SolsticeMinerals #ASX

Silver Co. Finds More High-Grade Veins at Colombia Project: https://ow.ly/oE7g50Ug4ss Outcrop Silver & Gold Corp. announced that its drilling program at its 100%-owned Santa Ana primary silver project in Colombia continues to discover "additional non-outcropping veins." One analyst says the property contains one of the country's "richest historic silver mines." $OCG:.V $OCGSF #silverstocks

I’m proud to see this piece by Keerit Jutla picked up in the Globe and Mail. Mineral exploration starts long before projects reach the Environmental Assesment process for mines. In order to explore for these future projects, exploration companies need Notice of Work (NoW) permits to conduct limited exploration activities on the land including trenching and diamond drilling. Like many sectors, these permits are often delayed. NoW delays have a compounding impact on our ability to explore for and develop critical mineral. Most importantly these delays impact real people all across the province. Find out more here.