Dundee Corporation’s Post

Artemis Resources (ASX:ARV) Ltd has secured firm commitments to raise around A$2.87 million through the issuance of shares at a price of $0.01275 each. There was substantial interest from institutional and sophisticated investors, leading to it being significantly oversubscribed.  Artemis plans to use the raised funds to further its exploration activities, focusing on fieldwork, surveys and target generation at Lulu Creek, the Mt Marie lithium Project and its Osborne JV. “It is pleasing to have received this level of support from shareholders. With the #goldprospects that have been identified and the further prospectivity of the greater tenement area, we are looking forward to additional field work in conjunction with relevant surveys to prioritise these targets and to work towards drilling, particularly at Lulu Creek,” ARV executive director George Ventouras said. More at #Proactive #ProactiveInvestors #lithium #gold (ASX:ARV, AIM:ARV, OTCQB:ARTTF) http://ow.ly/LJBP105svqK

🚀 Raiden Resources Reports Key Milestone: Preliminary Heritage Clearance for Mt Sholl Cu-Ni-PGE Project 🌟 🔹 Raiden Resources (ASX: RDN, DAX: YM4) has reached a significant milestone with the receipt of the Preliminary Heritage Report for its Mt Sholl Cu-Ni-PGE Project. 📈 🔹 The report confirms that the primary drilling zones are clear of any culturally sensitive areas, paving the way for the next exploration phase. ✅ 🔹 The Final Heritage Report is expected soon, with drilling to commence upon approval of the Program of Work (PoW). ⛏️ 🔹 All activities are fully financed by First Quantum Minerals under the existing MOU. 💰 🔹 Raiden Resources is set to advance this promising project while maintaining respect for cultural heritage. 🌿 Read the Announcement here: https://lnkd.in/g7VV-SUW 📄 #RaidenResources #MtShollProject #CuNiPGE #HeritageClearance #ExplorationUpdate #MiningNews #FirstQuantumMinerals #FinancedExploration #CulturalHeritage #MiningMilestone #ASX #DAX #ResourceExploration #MiningSector #PGEProject #DrillingAhead #MiningFinance #ProjectAdvancement #ResourceDevelopment #AustraliaMining

Greatland is pleased to provide an update on activities and developments across the Company for the June 2024 quarter, and an outline of Greatland’s planned exploration program for FY2025. 📣View the announcement: https://loom.ly/skdnjG0 Greatland Managing Director, Shaun Day, commented: “At Havieron, good progress was made in the quarter with the EPA’s formal decision to assess the environmental approval application. In respect of Newmont’s announced intention to dispose of its interest in Havieron and nearby Telfer mine, we continue to consider ourselves strongly positioned for any potential opportunity to consolidate ownership of Havieron on accretive terms for our existing shareholders." “Excellent progress is being made across Greatland’s exploration portfolio, and we are pleased to share a detailed review and look-ahead for our high priority exploration projects in this release. FY25 promises to be a busy year for our exploration team and we look forward to providing updates on our activities.” $GGP.L #Greatland #MiningNews #Gold #Quarterly #Exploration

Helix Exploration PLC (AIM:HEX) chairman David Minchin joined Proactive's Stephen gunnion with details of the company's acquisition of the Rudyard project in Hill Country, Montana. Minchin shared details of this major helium project, highlighting that the acquisition cost was $250,000, with 60% paid in shares. "This is an acquisition of a proven discovery with helium in its flowed helium gas to the surface, 1.3% helium with good flow rates. It has contingent resources of about half a billion cubic feet," said Minchin. He emphasized the project's potential, stating the in-situ value of the helium is approximately $250 million. Minchin also discussed Helix's diversification strategy, aiming to establish two production hubs by 2025, which would enhance their leverage in negotiating debt finance and ensure a consistent supply for end users. He noted the company's fully funded drilling and appraisal plans, supported by an... Watch at #Proactive #ProactiveInvestors http://ow.ly/UU7f105xv0u

Great Western Exploration Limited (ASX:GTE) MD and CEO Shane Pike: "The EIS co-funding is a strong endorsement for the high prospectivity of these targets." Listen here to uncover more about the funding received and what it means for the company. #exploration #criticalminerals #preciousmetals #westernaustralia #miningnews 

#ASXNews Pacgold is pleased to present its Quarterly Activities Report for the three-month period ending 30 September 2024. Alice River Gold Project-- • 6,000m aircore bedrock geochemical programme commenced. o Regional focus aimed at unlocking size potential of overall mineralised system and generation of multiple follow up drill targets for the 2025 exploration season. o Programme to test a comprehensive 14km of IP geophysical and structural targets with maximum coverage possible of known mineralised corridor. • 3,000m reverse circulation (RC) programme designed to following up on existing regional targets Posie, Jerry Dodds, Central Target and Southern Target areas not previously drilled. o Multiple target areas of known historic mineralisation coinciding with geophysical structural anomalies to be tested over the next quarter. Corporate-- • Firm commitments received for a $4.1 million Placement (before costs) to accelerate exploration activities at the Alice River Gold Project, North Queensland. • Share Purchase Plan (SPP) to raise up to an additional $1.5 million. • Mr Matthew Boyes appointed as Managing Director/CEO as of 1 September 2024. VIEW the Report https://loom.ly/Ca4I_3Q #PGO #Pacgold #ASX #Gold #MiningAustralia #Shareholders #Investing

LAURION Announces Closing of Private Placement of Flow-Through Shares - TSX.V: LME OTC: LMEFF LAURION is very excited to have the financial backing to continue our drilling initiatives, building upon the positive momentum of our exploration results. Our goal remains to maximize shareholder value by advancing the Ishkõday Project while also exploring strategic alternatives and potential transactions that could accelerate the development timeline or provide immediate value. LAURION is committed to maintaining a strong treasury and remains confident in its ability to raise additional capital to support its exploration programs. We look forward to sharing future updates as we continue to advance the Ishkõday Project and explore strategic opportunities for the Corporation Click on the link below for the press release https://lnkd.in/g2RhTXTN LAURION continues to strengthen its extensive geoscientific database to unearth new discovery zones exhibiting substantial strike and down-plunge potential. Advancing the Ishkõday project within the framework of our five-part model for foundational growth projects underscores our commitment to resilience and enhances shareholder value. LAURION is a mid-stage junior exploration and development company, focused on maximizing shareholder value through the exploration, development and disposition of its wholly owned 57km2 flagship ‘brownfield’ Ishkõday Gold and Polymetallic Project located 220km North-East of Thunder Bay, Ontario Canada. Cautionary Note: https://lnkd.in/gYRd24X   #privateequity, #miningnews, #drilling, #investing, #goldmining, #mining, #familyoffices, #news, #production, #markets, #team, #ESGinvesting, #ESG, #EV, #Gold, #Silver, #Copper, #Zinc, #stage, #environmental, #development, #Canada, #project, #geology, #prospecting, #teamwork

LAURION Announces 2024 Field Exploration Plans and Updates on Ishkõday Project  TSX.V : LME OTC : LMEFF LAURION provides an update of its 2024 drilling program and field exploration program which has commenced at the Corporation’s Ishkõday Project. See link - https://lnkd.in/g4bgERXC LAURION continues to strengthen its extensive geoscientific database to unearth new discovery zones exhibiting substantial strike and down-plunge potential. Advancing the Ishkõday project within the framework of our five-part model for foundational growth projects underscores our commitment to resilience and enhances shareholder value. LAURION is a mid-stage junior exploration and development company, focused on maximizing shareholder value through the exploration, development and disposition of its wholly owned 57km2 flagship ‘brownfield’ Ishkõday Gold and Polymetallic Project located 220km North-East of Thunder Bay, Ontario Canada. Cautionary Note: https://lnkd.in/gYRd24X   #privateequity, #miningnews, #drilling, #investing, #goldmining, #mining, #familyoffices, #news, #production, #markets, #team, #ESGinvesting, #ESG, #EV, #Gold, #Silver, #Copper, #Zinc, #stage, #environmental, #development, #Canada, #project, #geology, #prospecting, #teamwork

Touchstone Exploration readies Cascadura wells for production after ‘highly promising’ initial tests @TouchstoneExp #AIM #TSX #OTC #TXP #PBEGF. Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) has revealed positive initial findings from the Cascadura-2ST1 and Cascadura-3ST1, its new wells at the Cascadura field, on the Ortoire block in Trinidad and Tobago. The company said it has successfully completed the wells and observed a significant presence of gas – it noted wellhead pressure reached 3,600 psi following perforation of the Herrera Formation in 2ST1, and 2,665 psi in 3ST1 – whilst it works to complete connection to the field’s gas-processing... http://ow.ly/64Hs105Kp2X

These comments provide some insight into why so many listed explorers flounder. Chasing the instant gratification of quick drill intersections. Traditionally the big returns from successful exploration relate to new discoveries. A drill intersection next to a mine stimulates immediate interest but little blue sky imagination.