News Archives - Page 25 of 76

MondayApr 22, 2024 12:41 pm

MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF), G Mining Ventures Announce Combination to Set the Stage for a Leading Intermediate Gold Producer in the Americas

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), together with G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF), today announced entry into a definitive agreement to combine the two companies, setting the stage for the creation of a leading intermediate gold producer (the “transaction”). Through the transaction, GMIN will acquire RGD’s flagship Oko West Project located in Guyana, within the Guiana Shield region, one of the most attractive mining jurisdictions in South America. Under the agreement, GMIN and RGD shareholders will receive common shares of a newly formed company (the “New GMIN”) equivalent to RGD shareholders being issued 0.285 GMIN common shares…

MondayApr 22, 2024 11:59 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB:ATBHF), American West Metals Commence Drilling, Geophysics 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, has started high-impact drilling and exploration activities at its Storm Copper Project on Somerset Island, Nunavut. According to the announcement, American West Metals Limited will conducting the activities. American West has earned an undivided 80% interest in the project and will be solely responsible for funding the program. As part of the activities, track-mounted reverse-circulation (“RC”) drilling is focused on testing new, high-priority exploration targets; resource definition drilling of the 2023 high-grade copper discovery…

MondayApr 22, 2024 11:22 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters SID Agreement for Base Resources Transformational Acquisition

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REEs”) and vanadium has executed a definitive scheme implementation deed (“SID”) with Base Resources Limited. According to the agreement, Energy Fuels has agreed to acquire 100% of the issued shares of Base Resources in consideration for 0.0260 Energy Fuels common shares and A$0.065 in cash; the transaction will be payable by way of a special dividend by Base Resources to its shareholders for each Base Resources ordinary share held. The transaction has a total equity value of an estimated A$375 million. Highlights of the agreement include that…

ThursdayApr 18, 2024 4:24 pm

MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Marks Important De-Risking Step Towards Development of Oko West Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, South America, announced that it has signed a mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission. According to the announcement, the agreement provides Reunion Gold and its wholly owned Guyanese subsidiary with stable fiscal and operating conditions during the life of the Oko West gold project. “I am pleased to have executed our mineral agreement with the Government of Guyana. This significant milestone marks an important de-risking step towards the development of the Oko West Project and underscores…

WednesdayApr 17, 2024 1:07 pm

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Files NI 43-101 Technical Report for Goiás-Based PCH Ionic Adsorption Clay Project

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has filed an independent technical report for its PCH ionic adsorption clay (“IAC”) project located in Goiás, Brazil. The PCH MRE report was prepared in accordance with National Instrument 43-10 (“NI 43-101”). Titled “Technical Report on the Maiden Mineral Resource Estimate for the PCH Project, State of Goiás, Brazil,” the report indicated no material differences from results disclosed in the company’s press release released last month. The company noted that the report was coauthored by independent qualified…

TuesdayApr 16, 2024 2:16 pm

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) Announces Engagement of Generation IACP

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) today announced that it has engaged Generation IACP Inc. (“IACP”) to provide services as a market maker in compliance with the policies and guidelines of the Canadian Securities Exchange and other applicable legislation. According to the announcement, IACP will receive a fee of C$7,500 plus applicable taxes per month under the agreement, which is for an initial term of six months. The agreement shall be automatically renewed for subsequent six month periods (collectively, the “term’) unless the company provides written notice of termination to IACP at least 30…

TuesdayApr 16, 2024 1:07 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Reports on Results of Drill Program at Albert Lake Project

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), an exploration company targeting magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market, is reporting on the results of the Q1 drill program at the company's wholly owned Albert Lake Project. Key points from the program include that six drillholes have been drilled at the project, totaling 1,386 meters, with Drillhole AL24077 intersecting 0.42% nickel (“Ni”) over an intersection of 2.01 meters; the nickel mineralization is hosted in orthopyroxenite, which is part of the host rock assemblage recognized at the nearby high-grade Ni-Cu+PGE Rottenstone deposit; and the AL24077 nickel…

MondayApr 15, 2024 11:47 am

MiningNewsBreaks – Reunion Gold Releases Report on Infill Drilling Program at Guyana-Based Oko West Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, is reporting on additional drill results from its infill drill program at the Oko West Project. Highlights of the report include Hole D-375 intersecting 60.4 meters (“m”) @ 1.50 grams per tonne of gold (“g/t”) Au, including 6.0 m @ 7.06 g/t, Hole D-381 intersecting 44.9 m @ 2.28 g/t Au, including 18.3 m @ 4.38 g/t Au and Hole D-389 intersecting 21.6 m @4.00 g/t Au, including 4.0m @ 17.67 g/t Au. According to the report, these results continue to expand the core of…

ThursdayApr 11, 2024 3:51 pm

MiningNewsBreaks – Riley Exploration Permian Inc. (NYSE American: REPX) Closes on $65.2M Public Offering

Riley Exploration Permian (NYSE American: REPX), a growth-oriented, independent oil and natural-gas company, has released the pricing of its previously announced underwritten public offering. The offering is comprised of 2,100,000 shares of common stock at $27 per share; the offering includes 700,000 shares offered by the company and 1,400,000 shares being offered by REPX stockholders. In addition, Riley Permian granted the underwriters a 30-day option to purchase up to 315,000 additional shares of common stock at the public offering price, minus underwriting discounts and commissions. The option was fully exercised. According to the announcement, gross proceeds from the offering, which…

ThursdayApr 11, 2024 2:08 pm

MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Files NI 43-101 Technical Report for Oko West Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) today announce the filing of the National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) entitled “NI 43-101 Technical Report, Oko West Gold Project, Cuyuni-Mazaruni Mining Districts, Guyana.” The report is dated April 11, 2024, with an effective date of February 26, 2024, to support scientific and technical information that relates to the Oko West Project and the updated Mineral Resource Estimate (“MRE”) published on Feb. 26, 2024. According to the announcement, the updated MRE showed a significant increase in both grades and contained gold within the overall MRE and also included…

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