News Archives - Page 26 of 71

FridayDec 15, 2023 10:36 am

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Announces Private Placement for up to $1M

Reflex (CSE:RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced a non-brokered private placement of units, each at a price of $0.10, for gross proceeds of up to $1,000,000 (the “offering”). According to the announcement, each unit will comprise of one common share of the company (each, a “share”) and one common share purchase warrant of the company (each, a “warrant”), with each warrant exercisable to acquire one common share of the company (each, a “warrant share”) at a price of $0.15 per warrant share for a period of twenty-four months from the date of issuance. Reflex intends to use the net…

ThursdayDec 14, 2023 12:33 pm

MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Releases Per-Day Production Report

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in Western Canada specializing in the exploration, development and production of crude oil and natural gas, is reporting its per-day production. According to the announcement, the company announced a medium light oil 500-plus barrels per day flowing well from a full day of production testing. The report noted that this above-gradient pressure reservoir will typically flow for a few months and then transition into an artificial lift system production of approximately 150-plus bblspd of stabilized rate. The company also anticipates a second well will be coming…

WednesdayDec 13, 2023 1:32 pm

MiningNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Reports on Additional Drill Results at Guyana-Based Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has announced additional drill results from its Oko West project, located in Guyana. Highlights of the drilling include Hole D-336, which intersected 33 meters at 7.26 g/t Au to a depth of approximately 805 meters, within a broader interval of 78.2 meters at 3.45 g/t Au; Hole D-346A-W1, which intersected 13 meters @ 8.41 g/t Au and 12.3 m @ 10.36 g/t Au to a depth of approximately 820 meters, within a broader interval of 82.6 meters at 3.7 g/t Au; Hole D-342-W1 intersecting 4.6 meters at 9.58 g/t Au and…

WednesdayDec 13, 2023 10:50 am

MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Updated Status Report on Milestones, Upcoming Expansion Strategy

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration Company Crazy Horse Mining Inc., is reporting on its current status. According to the announcement, the company has achieved several key milestones recently, including completing the third and final clean-out and recording of gold production at the Snow Creek Mine site for the 2023 mining test season; engaging Aurora Geosciences to complete S-K 1300 technical reports on company-owned and operated assets; signing a binding Letter of Intent to acquire an initial 50% stake in the Yukon Gold Project; securing 75% of mining…

TuesdayDec 12, 2023 2:00 pm

MiningNewsBreaks – FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFF) Reports on Assay Results of Soil Geochemical Survey, Indicates New Target Areas at Augustus Property

FE Battery Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has received assay results from a large soil geochemistry program at its Augustus Lithium Property in Quebec, Canada. According to the announcement, the sampling program ran from August 2023 to October 2023 and was designed to identify new lithium exploration targets outside of the main Augustus prospect yet still within the company's sizeable claim holdings in this active region. The program included 995 samples collected from sampling on six select areas, or grids, located south of the main known mineralization. Anomalous lithium values returned from three…

TuesdayDec 12, 2023 12:55 pm

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Sc, Co, REE Mineralization at New Buriti Target

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has announced the discovery of a new mineralized zone named Buriti, showcasing mineralization of scandium (“Sc”), cobalt (“Co”) and rare earth elements (“REE”) in reverse circulation (“RC”) hole PCH-RC-116. According to the announcement, the Buriti Target was found through exploratory RC and auger drilling conducted as part of the company’s 2023 drill program. The discovery opens the potential of a promising new target zone for exploration and development, said company officials, who observed that it is the…

TuesdayDec 12, 2023 12:50 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Industrial Tax Exemption Program for LA-SMC Project

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced a series of significant updates regarding the ongoing development of its rare earth element (“REE”) processing refinery, the Louisiana Strategic Metals Complex (“LA-SMC”) in Alexandria, Louisiana. According to the announcement, the Governor of Louisiana, Jon Bel Edwards, has executed the contract for exemption of ad valorem taxes for Ucore’s SMC project. The Industrial Tax Exemption Program (“ITEP”) provides the company up to a 10-year exemption (five-year initial term at 80% and five-year renewal term at 80%), which will result in an estimated $8.2 million in projected tax savings for Ucore during…

MondayDec 11, 2023 3:41 pm

MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Comments on Steadfast Commitment to Guyana

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) today commented on the border controversy between the Co-operative Republic of Guyana and the Bolivarian Republic of Venezuela following a consultative referendum held last week. The internationally recognized border between Venezuela and Guyana was established on Oct. 3, 1899, by an arbitration panel. In 1962, Venezuela claimed that the decision was invalid, and Guyana brought this matter before the International Court of Justice in 2018 asking the court to confirm the 1899 arbitral award. The escalation of Venezuela claims over what is referred to as the Essequibo region is widely attributed to recent oil…

MondayDec 11, 2023 11:02 am

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Issues First Tranche Per PCH Project Acquisition

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced that, further to the press release of Dec. 4, 2023, it has issued the first tranche of 500,000 shares pursuant to the definitive agreement with 3S LTDA, Beko Invest Ltd., Antonio Vitor Junior and AZ125 Mineracao Ltda, now known as Appia Brasil Rare Earths Mineracao Ltda (the “company”), to acquire up to a 70% interest in the PCH Project (the “transaction”). Within the Tocantins Structural Province in the Brasília Fold Belt, more specifically, the Arenópolis Magmatic Arc, the PCH Project is 17,551.07 ha in size and located within the Goiás state…

ThursdayDec 07, 2023 1:49 pm

MiningNewsBreaks – Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Notable Positioning in Mining Industry Featured in BTV Interview

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) will be featured in an upcoming BTV – Business Television interview. The episode is scheduled to air on FOX Business News at 5:30 p.m. ET on Dec. 10, 2023. In the segment, “BTV highlights the company’s significant progress in its innovative silver-tin polymetallic venture in Bolivia. With a promising Mineral Resource Estimate and strategic drilling, Eloro is rapidly advancing towards a Preliminary Economic Assessment. This key step aims to attract major partners for commercial production, positioning Eloro as a notable player in the mining industry.” To view the full press release, visit…

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