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Canadian Mining Stock News for March 13th 2025 as Gold Hovers at Record Highs

 

March 13, 2025 (Investorideas.com Newswire) Investorideas.com, a top 100 rated investment site for retail investors following gold and mining stocks issues a trading and news alert for breaking news summary for March 13,2025.

Canadian Mining Stock News for March 13th 2025 as Gold Hovers at Record Highs

Highlights of Today's Junior Miner News:

Borealis Mining Company Limited (TSXV: BOGO.V)

Borealis Mining Company Limited announced the closing of its acquisition of old Bull Resources Corp., including its advanced Sandman Gold project in Nevada. The transaction, completed via a court-approved plan of arrangement, involved Borealis issuing 0.93 of its shares per Gold Bull share, resulting in former Gold Bull shareholders owning approximately 14% of Borealis. The deal adds a high-potential gold project to Borealis' portfolio, with the Sandman project noted for its low cape and high IRR based on a 2023 Preliminary Economic Assessment.

Tower Resources Ltd. (TSXV: TWR.V)

Tower Resources Ltd. has contracted a diamond drill to conduct fine-tuning drilling at its high-grade Blue Sky, Thunder, and Thunder North gold discoveries. This is in preparation for a larger 3,000-meter drilling program to test the broader Rabbit North gold system. The company aims to delineate its gold and copper resources further with this targeted exploration effort.

Nexus Uranium Corp (CSE: NEXU) (OTCQB: GIDMF)

Nexus Uranium Corp. provided interim drill results from its Cree East Project in Saskatchewan. The results indicate progress in identifying uranium mineralization, with several drill holes showing promising geochemical anomalies. The company plans to continue exploration to further define the potential of this uranium project.

Velocity Minerals Ltd. (TSXV: VLC.V) (OTCQB: VLCJF)

Velocity Minerals Ltd. announced the acquisition of an exploration license for the Miriofito Property in northern Greece, a copper-gold exploration project. Initial chip-channel rock sampling revealed grades up to 6.61 g/t gold and 0.3% copper. The property features a polymetallic copper-gold-silver-lead-zinc vein-replacement system in carbonate rock. Planned work includes stream sediment screening, geological mapping, and geophysical surveys to delineate drill targets.

Ridgeline Minerals Corp. (TSXV: RDG.V)

Ridgeline Minerals announced the remaining 2024 drill results and provided 2025 budget guidance for the Swift Project in Nevada. Drill results included 24.7 meters grading 0.5 g/t gold, with a higher-grade interval of 2.9 meters at 1.9 g/t gold. The 2025 exploration budget, approved by partner Nevada Gold Mines, is set at US$5 million to expand drilling efforts, aiming to vector toward the core of a higher-grade gold system.

Standard Uranium Ltd. (TSXV: STND.V)

Standard Uranium provided an exploration update on three Eastern Athabasca uranium projects, highlighting results from gravity and TDEM surveys. The surveys identified multiple high-priority drill targets across the projects, with anomalies suggesting potential uranium mineralization. The company plans further geophysical work and drilling to test these targets in 2025.

American Eagle Gold Corp. (TSXV: AE.V)

American Eagle Gold Corp. announced it has secured 100% ownership of the NAK Copper-Gold Porphyry Project in British Columbia after fulfilling the terms of its option agreement. The project has shown significant copper-gold mineralization in prior drilling, and the company plans to advance exploration with a focus on expanding known zones and testing new targets in 2025.

Red Metal Resources Ltd. (CSE: RMES.CN)

Red Metal Resources Ltd. announced the commencement of an extensive sampling and mapping program on its Carrizal IOCG Property in Chile. The program aims to follow up on previously identified veins with up to 5.77% copper, spanning approximately 15km of veining. The 2025 work program will delineate the vein system and refine future drill targets in the prolific Candelaria iron oxide copper-gold belt.

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