News Archives - MiningNewsWire

ThursdayMay 06, 2021 11:31 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Completes 2nd Step to Verify Historical Exploration Work at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of a drill hole at its Augustus Lithium Property in Quebec, Canada. According to the update, drill hole LC21-003 intersected a six-meter-wide zone with 0.62% lithium oxide ("Li2O") at 45-metres ("m") depth including a two-metres-wide intersection with 1.35% Li2O at 48 m depth. Additionally, a second two-meter-wide pegmatite intersection assayed 0.63% Li2O at 73 m depth. "We are very pleased that drill results have started to arrive. After fieldwork mapping and sampling, this is the second step to verify historical exploration work," said Gurminder…

TuesdayMay 04, 2021 12:26 pm

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Releases Additional Assay Results from Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has announced additional assay results from the channel sampling program conducted at its Augustus Lithium Property in Quebec. The samples taken from the Beluga Pegmatite of the Canadian Lithium Prospect cut a 31-meter-wide section with an average of 0.37% lithium oxide (Li2O), which includes four meters of spodumene pegmatite at 1.20$ Li2O. The company has been doing continuous ground exploration work since February with the objective of locating and confirming historical lithium pegmatite occurrences on two of its locations: Augustus and Canadian Lithium Prospects. The work, which includes field exploration…

ThursdayApr 29, 2021 11:18 am

MiningNewsBreaks – Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B) Releases Drill Results from Montgomery-Shoshone Exploration Program

Augusta Gold (TSX: G) (OTCQB: AUGG) (FSE: 11B), has released an update based on the 2021 exploration program now underway at its wholly owned Bullfrog Gold project located in Nevada; the update specifically focused on the drilling and results for the Montgomery-Shoshone target. The announcement noted down-dip extension of the Polaris Vein 50 meters below historic drilling with hole BFG21-MS13 returning 32.5 meters assaying 0.76 g/t Au, as well as extension of the Polaris Vein 175 meters south from the historic pit with hole BFG21-MS11 returning 60.7 meters assaying 0.35 g/t Au before the hole was lost due to poor conditions in the vein zone. In…

TuesdayApr 27, 2021 2:15 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Work with Leading Consultant on REEs Study

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has announced it has engaged Carester SAS, a leading global expert on rare earth separation, to help prepare a scoping study for the development of a solvent extraction (“SX”) rare earth element (“REE”) separation circuit at UUUU’s White Mesa Mill in Utah. Carester brings in impressive background in designing, constructing, operating and optimizing REE production facilities globally and has significant experience in processing natural monazite feeds into value-added rare earth products. Carester is working with Energy Fuels in its planned development of REE separation capabilities at the White Mesa Mill. Energy Fuels intends to…

MondayApr 26, 2021 11:30 am

MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Announces Results of Phase I Drilling at Rio Loa

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, today announced the results of the recently completed Phase 1, five-hole (1,793 meters) reverse circulation ("RC") drill program at Rio Loa. The program was designed to test a series of geochemically (lead-arsenic) and geophysically (magnetics and IP) defined high-sulphidation epithermal gold targets associated with a broad zone of steam heated alteration (silica-clay). Although none of the RC holes reached planned depths due to the presence of clay-rich ground water, higher-temperature alteration minerals and anomalous pathfinder geochemical elements (arsenic,…

FridayApr 23, 2021 12:57 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Penn State Receive $1.75M to Complete Rare Earth Feasibility Study

Energy Fuels (NYSE American: UUUU) (TSX: EFR), along with a team from Penn State University has received additional funds to complete an ongoing feasibility study focused on the production of rare earth element ("REE") products from natural, coal-based resources. The funds were awarded by the U.S. Department of Energy ("DOE") Office of Fossil Energy and National Energy Technology Laboratory, which provided an initial $150,000 for the study last year. The study also looks at the production of REE products from other materials such as REE-containing ores like the natural monazite ore produced at UUUU’s White Mesa Mill, located in Utah.…

ThursdayApr 22, 2021 10:29 am

MiningNewsBreaks – Asia Broadband Inc. (AABB) Enters LOI to Acquire Acaponeta Gold Project

Asia Broadband (OTC: AABB) today announced its entry into a letter of intent (“LOI”) to acquire a historic-production mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The high-grade acquisition target, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, has existing infrastructure, two mine sites and a facility capable of processing 200 tons per day. The Acaponeta gold project is another prospective high-yield asset addition in Asia Broadband’s strategic expansion initiative to acquire production and increase AABB’s physical gold holdings. In the coming weeks, the company…

ThursdayApr 22, 2021 9:49 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces High-Grade Silver Drill Results at Platosa Mine

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced results from underground expansion and exploration drilling at the Platosa Mine in Durango, Mexico. Among the highlights, the company reported further definition and expansion of the Guadalupe North, 623, NE-1 and NE-1S mantos. Results from underground drilling include 1,293 G/t silver equivalent over 6.5 metres. "Underground drilling at Platosa continues to delineate high-grade silver," said Ben Pullinger, Excellon’s SVP of Geology and Corporate Development. "We are currently advancing development to support further drilling of the Gap Zone. As that development progresses, we are identifying areas of historical production where…

WednesdayApr 21, 2021 9:44 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Strengthens REE Position with Signing of MOU

Energy Fuels (NYSE American: UUUU) (TSX: EFR) announced that it has taken the next step in the development of a fully integrated U.S. rare earth element (“REE”) supply chain by signing a memorandum of understanding (“MOU”) with Hyperion Metals Limited. The MOU calls for Energy Fuels to receive natural monazite sands from Hyperion's Titan Project in Tennessee, which UUUU anticipates using to produce mixed rare earth element products at its White Mesa Mill in Utah. In addition, the announcement noted that the two companies have agreed to assess a potential partnership that would advance Energy Fuels’ initiative to create a fully integrated,…

TuesdayApr 20, 2021 1:57 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Announces Promising Results During Advancement of Gold Mine Property Acquisition

Asia Broadband (OTC: AABB) today announced its receipt of mapping and rock sample assay results during the ongoing due diligence process regarding the letter of intent to acquire a historic production gold mine property and on-site processing facilities in the prolific mining region of Mascota in Jalisco, Mexico. Per the Los Reyes Preliminary Geological Report, non-targeted rock samples were randomly collected throughout the property at the beginning of the due diligence procedures. Among the most significant gold values assayed were 2.53 grams per ton (g/t), 2.25 (g/t) and 2.21 (g/t). Asia Broadband is highly encouraged by these general results, which…

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