News Archives - Page 14 of 53

TuesdaySep 12, 2023 11:21 am

MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Reports on Infill Drilling Program Update, Interest Payable Reduction Settlement

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, has completed the drilling of four of 10 horizontal wells in its current multipad infill drill program. According to the announcement, the wells “encountered structure and pay as expected with excellent oil show throughout the pay.” The company commended Lasso Drilling Corporation and reported that drilling technique tweaked from the pilot wells was executed efficiently and ahead of schedule. The drilled horizontals will be completed and then tied-in to existing infrastructure. Prospera…

MondaySep 11, 2023 12:20 pm

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) to Begin Deer Horn Drill Program, Announces Private Placement Financing

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) has scheduled its drill program in Deer Horn to begin later this month; the program will focus on the Pond zone copper-gold porphyry target. According to the announcement, the objective of the program will be to intersect disseminated mineralization and help locate the main mineral zone in the subsurface. Information obtained from the program will be combined with results from work conducted over the past two years to inform a larger drill program scheduled for 2024. The company will also be conducting an Induced Polarization (“IP”) geophysical survey this month, which will be following up on…

FridaySep 08, 2023 2:05 pm

MiningNewsBreaks – Riley Exploration Permian Inc. (NASDAQ: REPX) Enters into ATM Agreement

Riley Exploration Permian (NASDAQ: REPX), an independent oil and natural gas company focused on steadily growing its reserves, production and cash flow, announced that it has entered into an Equity Distribution Agreement. According to the announcement, the company has inked agreements with Truist Securities Inc., Janney Montgomery Scott LLC and Roth Capital Partners LLC as sales agents. According to the agreement, the company may offer and sell shares of the company stock from time to time through the agents. The company may offer up to $50 million shares of stock, par value $0.001 per share. The company noted that the…

ThursdaySep 07, 2023 11:26 am

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Releases First ESG Report

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, has published its first-ever environmental, social and governance report. CNIKF’s 2022 Environmental, Social and Governance report contains key disclosures that the company is providing in accordance with the Global Reporting Initiative: Core Option. The report also contains an overview of Canada Nickel’s contributions to the United Nations Sustainable Development Goals and the 10 Principles of the United Nations Global Compact. The company noted that topics covered in the report were identified through a materiality assessment. The company invited internal and external sources, including…

WednesdaySep 06, 2023 11:33 am

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Releases Status Update on Company Activities

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, has released an update regarding recent activities. The update noted new management announcements as well as a $12 million loan facility. According to the report, Canada Nickel has added three key personnel to its management team. Desmond Tranquilla will serve as vice president of projects, Chris Chang will serve as vice president of corporate development, and Christian Brousseau will serve as vice president of innovation and technical services. In addition, the company noted that it has arranged a $12 million loan facility with Auramet, one of the…

ThursdayAug 31, 2023 12:52 pm

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Reports on Mapping Program, September Drilling Targets

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) is reporting that its property-wide mapping and sampling program at the Company’s Deer Horn property in west-central British Columbia has reinforced a key porphyry alteration model and provided drill targets for the mid-September drill program. The information was reported by Dr. Lee Groat, consulting geologist and qualified person (“QP”) for First Tellurium. This information follows the company’s report earlier this month that confirmed a crucial structural connection between the property’s Pond copper porphyry and gold-silver-tellurium systems. For the sampling program, a team of graduate students from the University of British Columbia and the University of St.…

ThursdayAug 31, 2023 11:50 am

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Deployment of Third Drill at PCH Ionic Clay Project

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0, A0I0.F, A0I.MU, A0I.BE) has deployed a third drill on-site to investigate a significant geophysical anomaly at depth below Target IV at its PCH Ionic Adsorption Clay Project, Goiás, Brazil. According to the update, the initial target will be drilled to 250 metres depth to test both the ionic clay and hardrock mineralization below Appia’s priority ionic clay structures, which reach an average depth from surface of +/- 12 metres. “A study by a Brazilian geographer/geophysicist master’s student from the University of Brasilia was conducted on Target IV of the PCH Project, where an…

ThursdayAug 31, 2023 11:17 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Exec Featured in Recent The Market Herald Release

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is being spotlighted in the most recent The Watchlist segment released by The Market Herald. During the interview, Bill Pearson, Eloro’s executive vice president of exploration, talked with host Coreena Robertson about the company’s latest announcement of the inaugural mineral resource estimate for its Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. According to the interview, Eloro is reporting an initial inferred mineral resource estimate of 670 million tons containing…

WednesdayAug 30, 2023 1:10 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Robust Initial Inferred MRE for Iska Iska Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced the inaugural mineral resource estimate (“MRE”) for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The MRE was prepared by independent qualified persons (“QPs”) with Micon International Limited as defined under National Instrument 43-101 (“NI-43-101”). According to the announcement, a technical report outlining the mineral resource estimation will be filed on Sedar within 45 days of the date of this release. “We are delighted with this initial MRE, which shows what a massive discovery Iska Iska is,” said Tom Larsen, CEO of Eloro. “The recent…

TuesdayAug 29, 2023 2:59 pm

MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Appoints Successful Mining Executive as COO

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) today announced that its board of directors has appointed Keith Boyle as chief operating officer. An engineer with more than 38 years of technical, operations and development experience in the mining industry, Boyle most recently served as COO for Superior Gold, whose principal asset is the Plutonic Gold Mine in Western Australia. “I am very pleased to welcome Keith to the Reunion Gold management team as a key contributor to the advancement of the Oko West project in Guyana,” said Rick Howes, president and CEO of Reunion Gold. “Keith brings a wealth of international…

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