Juniors are extremely important to major mining companies because they are the firms finding the deposits that will become the next mines.

It will complete a non-brokered private placement for C$2.27 million and a consolidation of its common shares, effective May 1.

Silvercorp said it has the technical capabilities to bring Adventus' El Domo project into production on an accelerated basis.

The funding is for the development of its rare earths and critical minerals Dubbo project in New South Wales.

The company is pursuing a multiphase program at the 260-sq.-km Marathon property in Ontario.

The filing of a resource estimate in November qualified Power Nickel for 30% more in the project to conclude the earn-in agreement.

Each party will have the right to invest between 25% and 50% in select asset transactions with a value of $30 million or more.