News Archives - Page 23 of 76

TuesdayMay 28, 2024 12:42 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Releases Updated Report on Drill Program at Historic Gochager Lake Deposit

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), focused on the exploration for nickel, cobalt and copper in north-central Saskatchewan, is reporting results of the seven drillhole, 2,656-meter drill program at its Gochager Lake Project. Highlights of the report show that drill-tested, borehole electromagnetic (“BHEM”) conductors coincide with high-grade, nickel zones of semimassive to massive sulphide mineralization. Fathom Nickel started drilling at the Gochager Lake deposit in February 2023. So far 16 drillholes totaling 5,543 meters have been completed with the company able to define a mineralized gabbro unit containing interstitial disseminated magmatic pyrrhotite, pentlandite and chalcopyrite, over a northeast-southwest strike of…

WednesdayMay 22, 2024 2:20 pm

MiningNewsBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) Set to Commence New Exploration Program at Duquesne West Gold Project

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) announced that it has mobilized a drill rig for its 2024 exploration program at the Duquesne West Gold Project in Quebec, with the 8,000 m drill program set to commence by mid-May to follow up on the results of Emperor’s initial 2023 drill campaign. Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FSE: G1MN) further elaborated on the news, stating, “Emperor has taken a binary approach to exploration on the property seeking to outline an open-pittable, lower grade, large tonnage gold deposit in addition to the more conventional high-grade underground mine as…

TuesdayMay 21, 2024 11:54 am

MiningNewsBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) Moves to Commence Drill Program at Duquesne West Gold Project

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) today announced that it has mobilized a drill rig for its 2024 exploration program at the Duquesne West Gold Project in Quebec. According to the announcement, the 8,000 m drill program is set to commence by mid-May to follow up on the results of Emperor’s initial 2023 drill campaign. “We are very excited to resume drilling at Duquesne West Gold Project and continue our success in 2024,” said Emperor Metals CEO John Florek. “2023 was a transformative year for the company with the revelation of a significant open pit concept above a…

TuesdayMay 21, 2024 11:01 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Provides Update Indicating Successful Drilling at Storm Copper Project

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company exploring for high-grade copper and gold deposits in Virginia and Nunavut, Canada, is providing an update regarding drilling activities at its Storm Copper Project, located on Somerset Island, Nunavut. According to the announcement, successful exploration indicates potential for “rapid and significant expansion,” and the operator of the project, America West Metals Limited, has completed the necessary expenditures to earn an undivided 80% interest in the project. Specifically, the report noted that 2024 reverse circulation (“RC”) drilling has delivered immediate success in intersecting thick new zones of…

MondayMay 20, 2024 1:56 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) to Participate at Upcoming Clean Energy & Precious Metals Hybrid Investor Conference

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), focused on the exploration for nickel, cobalt and copper in north-central Saskatchewan, will be spotlighted at this month’s Clean Energy & Precious Metals Hybrid Investor Conference. The company announced that CEO Ian Fraser will be presenting live at the May 23 event; Fraser’s presentation is slated to begin at 11:45 a.m. ET. Fraser will also be available for one-on-one meetings with throughout the event, which is hosted by VirtualInvestorConferences.com. An archived webcast or the presentation will also be made available after the event. To view the presentation, visit https://ibn.fm/2MgBr To view the full…

FridayMay 17, 2024 11:32 am

MiningNewsBreaks – Mammoth Resources Corp. (TSX.V: MTH) Releases Report Identifying Mexico-Based Tenoriba Property as Target for Further Exploration

Mammoth Resources Corp. (TSX.V: MTH), a precious-metal, mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas, is reporting results from an internal study conducted by company geologists. According to the report, the study indicated that Mammoth’s wholly owned Tenoriba gold-silver exploration property in Mexico’s Sierra Madre precious metal belt has been identified a target for further exploration. The study focused on evaluating the range of the quantity and grade of the exploration target among mixed oxidized-sulfide/transition zone mineralization and sulfide hosted gold-silver mineralization and also explains…

ThursdayMay 16, 2024 2:57 pm

MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) McEwen Copper Reports on Assay Results from Completed Feasibility Drilling Program

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, owns 47.7% of McEwen Copper Inc., a well-funded, private company that owns 100% of the large, advanced-stage Los Azules copper project in Argentina. McEwen Copper today provided the assay results from the currently completed drill season at the Los Azules project. According to the company, initial interpretation of the assay results suggests that its infill drilling will result in an increase in Measured and Indicated resources and an overall mineral inventory within 5% of the PEA estimate. The announcement noted that…

ThursdayMay 16, 2024 1:04 pm

MiningNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) Acquires Additional Contiguous Claims at Kenbridge Nickel Project, Reports Start of 2024 Baseline Study

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA), a Canadian-based company specializing in mineral exploration and development, is announcing the acquisition of additional contiguous claims at the Kenbridge Nickel Project, Northwestern Ontario. Following the acquisition, the total property now consists of 93 contiguous patents, 153 single cell mining claims and 4 Mining Licenses, covering a total of 4,273 ha. According to the announcement, the patents and staked cells are owned 100% by Tartisan Nickel through wholly owned subsidiaries. The company also announced that Aspen Biological Ltd. staff have commenced the 2024 baseline study fieldwork, which includes completing the baseline aquatic…

WednesdayMay 15, 2024 2:51 pm

MiningNewsBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Featured in Couloir Capital Report with ‘Buy’ Recommendation

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH), an advanced-stage, gold-exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project, is spotlighted in a recent Couloir Capital Report. Couloir Capital is a research-driven investment dealer focused on emerging companies in the natural-resources sector. The report recommends Emperor Metals as a Buy with high risk and an initial fair market value target of $0.72. The report notes several investment highlights, including the company’s focus on expanding resource on the project through 3D modeling of resource targets and successful drilling programs and its option to acquire…

TuesdayMay 14, 2024 4:29 pm

MiningNewsBreaks – GEMXX Corporation (GEMZ) Makes ‘Landmark Move,’ Enters Oil and Gas Exploration and Development Partnership

GEMXX (OTC: GEMZ), a leading provider of exquisite gemstone jewelry, has announced a partnership with Latin Energy Partners Inc. (“LEP”) that both companies are calling a “landmark move” in the pursuit of oil exploration and development. The strategic collaboration is designed to support the company’s expansion of its business mode. According to the announcement, the agreement outlines terms for the two companies to jointly drill four test wells in a promising geological formation in a Latin America country. The agreement is based on promising preliminary explorations in two target basins that have shown extensive sedimentary deposits conducive to successful oil…

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