Forte Minerals Corp.’s Post

Culpeo Minerals Secures A$2.2M to Boost Copper Exploration in Chile 🌟   Today we announced that we have received binding commitments to raise A$2.2 million in funding from sophisticated and professional investors. This support positively validates the exploration discovery potential of our copper projects at Vista Montana, Lana Corina, and Fortuna in the coastal Cordillera region of Chile.   🔸 Key Highlights: - A$2.2 million to be raised in two tranche placement. - Demonstrates strong backing from sophisticated and professional investors. - Director participation. - Funds to drive targeted exploration at Vista Montana, Lana Corina, and Fortuna.   Our Managing Director, Max Tuesley, stated: “The strongly supported share placement allows us to accelerate exploration at the Vista Montana Prospect. We believe this prospect area is connected to the Lana Corina where we recently made a new high-grade copper discovery, with recent drilling returning a long, high-grade intersection of 454m @ 0.93% CuEq from 90m.   We thank our existing shareholders for their support and welcome new investors to our register. Our team look forward to providing regular updates on the progress of our field programs.”   Stay tuned for more news as we advance our exploration programs!   Read the full announcement here: https://bit.ly/3ybb9IE   #CulpeoMinerals #CPO #CopperExploration #MiningNews

PNR SECURES OVER P270 MILLION FUNDING TO ADVANCE WORK ON SELEBI ASSETS Premium Nickel Resources Ltd, the Canadian firm redeveloping former BCL assets has closed in on private placement, raising C$27.5 million (over P270 million) to advance its work in Botswana. This funding comprises (i) C$15 million, which closed on June 14, 2024, and (ii) C$12.5 million, which closed earlier this week. The net proceeds of the Offering will be used by the Company to advance the exploration and development of its past-producing nickel-copper-cobalt-platinum group element (Ni-Cu-Co-PGE) sulphide assets in Botswana and for general corporate and working capital purposes. All securities issued under the Offering are subject to a hold period of four months plus one day from the date of issuance in accordance with applicable Canadian securities laws and the policies of the Exchange. The Offering remains subject to final acceptance by the Exchange. Keith Morrison, CEO of PNRL, commented: "We are very pleased with the result of this financing. This financing will provide the capital needed for continuing the underground infill drilling at Selebi North, and the surface in-fill and exploration drilling at Selebi Main and in the Hinge Zone. The Selebi mineral resource estimate is on track to be released in the coming weeks. Additionally, we anticipate publishing a maiden mineral resource estimate, prepared in accordance with NI 43-101, for Selkirk in Q4 2024". -The Projects Magazine #MiningIndustry #InvestmentMagazine #PremiumNickelResources

Coverage stock Dynamic Metals Limited (ASX: DYM) has provided an important update with respect to corporate interest related to its Widgiemooltha Project in Western Australia’s Goldfields region, specifically linked to an examination of its lithium potential via a $20 million joint venture and farm-in agreement with Chris Ellison’s Mineral Resources Limited (ASX: MIN). DYM’s share price closed up 28% (+$0.045) to $0.205 in Tuesday’s trade. Widgiemooltha represents a regionally significant tenement package that encompasses an extensive area of ~880 sq km that extends between Norseman and Kambalda. Importantly though, the project is yet to be fully assessed for its lithium potential. Regionally, the Mt Marion, Bald Hill and Buldania projects all lie within 25km of DYM’s tenure, whilst directly adjacent is Develop Global’s (ASX: DVP) Dome North lithium project, and the Sinclair LCT mine. The deal with MIN will turbocharge exploration activity at Widgiemooltha from a lithium perspective. MIN is a leader in the lithium sector in Australia, with the technical expertise and financial capabilities to do the project justice. Importantly too, the nearby location of the Bald Hill mine, operated by MIN, potentially offers a pathway to production for any discoveries. #lithium #spodumene #commodities #resources #exploration #equities #ausbiz

Coverage stock Dynamic Metals Limited (ASX: DYM) has provided an important update with respect to corporate interest related to its Widgiemooltha Project in Western Australia’s Goldfields region, specifically linked to an examination of its lithium potential via a $20 million joint venture and farm-in agreement with Chris Ellison’s Mineral Resources Limited (ASX: MIN). DYM’s share price closed up 28% (+$0.045) to $0.205 in Tuesday’s trade. Widgiemooltha represents a regionally significant tenement package that encompasses an extensive area of ~880 sq km that extends between Norseman and Kambalda. Importantly though, the project is yet to be fully assessed for its lithium potential. Regionally, the Mt Marion, Bald Hill and Buldania projects all lie within 25km of DYM’s tenure, whilst directly adjacent is Develop Global’s (ASX: DVP) Dome North lithium project, and the Sinclair LCT mine. The deal with MIN will turbocharge exploration activity at Widgiemooltha from a lithium perspective. MIN is a leader in the lithium sector in Australia, with the technical expertise and financial capabilities to do the project justice. Importantly too, the nearby location of the Bald Hill mine, operated by MIN, potentially offers a pathway to production for any discoveries. #lithium #spodumene #commodities #resources #exploration #equities #ausbiz

KoBold Metals, co-founded by CEO Kirk Brown, is revolutionizing mineral discovery by leveraging artificial intelligence to identify critical minerals essential for the energy transition. Recently, the company raised $491 million of a targeted $527 million funding round, following its previous round of $195 million, which valued it at $1 billion. KoBold’s recent successes include discovering what may be one of the largest high-grade copper deposits globally, located in Zambia, which has the potential to produce hundreds of thousands of metric tons per year. With plans to develop this massive resource—estimated to cost around $2.3 billion—alongside its numerous other exploration projects, KoBold aims for a valuation of $2 billion in this latest funding round. Notable backers include Bill Gates, Jeff Bezos, and Jack Ma, reflecting strong investor confidence in its innovative approach to mineral exploration. Learn More: https://lnkd.in/g-EyNxrA INVESTORS: Bill Gates, Jeff Bezos, Jack Ma, Andreessen Horowitz & Breakthrough Energy Ventures AMOUNT: $491,000,000 VALUATION: $1,000,000,000 HQ: #Berkeley #California #VentureCapital #KoBoldMetals #KirkBrown #BillGates #JeffBezos #JackMa #AndreessenHorowitz #BreakthroughEnergyVentures #TradedVC

Aura Minerals Inc connected with Newsweek Investment Reports Cesar Augusto Chavez Penagos earlier in the summer to talk about #GoldExploration and the company's priorities in the coming years. Read more about it here. #Gold #MiningNews #CEOInterviews

Impact Minerals Limited's (ASX: IPT) Managing Director Mike Jones is pleased to share announcement highlights stating the company update about EIS funding and the quarterly report ending by March 2024. Announcements Highlights: 1. Impact Minerals has been awarded $180,000 under the WA Government's Exploration Incentive Scheme(EIS) to co-funding drilling of the Caligula copper prospect at the company's 100% owned Arkun Project located 150km east of Perth in the emerging mineral province of southwest Western Australia. 2. Lake Hope Project: Greater than 99.99% (4N+) High Purity Alumina (AI2O3) is produced from Lake Hope mud via the proprietary and patented Playa One Sulphate Process and a new low-temperature leach process called the LTL Process. 3. The LTL Process produced 4N within a few months, attesting to a simpler process that may lower the Capital and Operating Costs to produce HPA than the Sulphate Process. For more investor information, please contact James Whelan. #ImapctMinerals #HighPurityAlumina #InvestmentPortfolio #Stockstowatch #ASX #ASXNews Learn More: https://lnkd.in/gskQyWyN

With an established #mineral resource and significant exploration upside, Grande Portage Resources is poised to advance the Herbert #gold project, generate cash flow, and create shareholder value. #resource #profile #GrandePortageResources $GPG #investing https://bit.ly/4e8vWvC

via Proactive Dynamic Metals Limited has soared after executing a binding joint venture and farm-in agreement with leading Australian #lithium producer Mineral Resources Ltd covering the Widgiemooltha Project in Western Australia and valued at up to $20 million. The landmark agreement with a 100%-owned MinRes subsidiary will see Dynamic sell 40% of all lithium mineral rights on the Widgiemooltha tenement package, which is near the Bald Hill Lithium Mine of MinRes. This will result in #DYM receiving $5 million and forming a JV to advance lithium exploration on the project with Dynamic holding 60% and MinRes 40%. Learn more: https://loom.ly/qALBEZ4 #DYM #DynamicMetals #ASX

We are excited to share our exclusive interview with Andrew Radonjic, the Managing Director of Venture Minerals Limited (ASX: VMS), highlighting the groundbreaking progress and strategic initiatives undertaken by the company. This comprehensive discussion provides an in-depth look into the innovative Jupiter REE project, distinguishing it from Venture Minerals Limited’s other ventures, alongside an update on the company's pivotal operations in Tasmania, including the Riley Iron Ore Mine and the Mount Lindsay Tin-Tungsten Project. Moreover, the video sheds light on the remarkable ascent of Venture Minerals Limited's share price, which has recently doubled following a record drill intersection, and explores the key factors that have fueled the company's shares to outperform in a broadly static market. Venture Minerals Limited stands at the forefront of the rare earths and critical minerals sector, marking significant strides towards becoming a leader in this essential industry. The insights shared in this video are invaluable for investors, industry experts, and anyone interested in the evolving landscape of mining and resources. Watch the full video here ➡️  https://lnkd.in/gX2PmY8n Disclaimer: Video was published 22 March 2024 #VentureMineralsLimited #RareEarths #MiningIndustry #InvestmentOpportunities #ASX