News Archives - Page 32 of 71

TuesdaySep 26, 2023 11:15 am

MiningNewsBreaks — LNG Energy Group Corp. (TSX.V: LNGE) (TSX.V: LNGE.WT) (OTCQB: LNGNF) (FRA: 6MH) Report on Sales, Drilling Status

LNG Energy Group (TSX.V: LNGE) (TSX.V: LNGE.WT) (OTCQB: LNGNF) (FRA: 6MH), a company focused on the acquisition and development of natural-gas production and exploration assets in Latin America, has released an update on its natural-gas sales and drilling. The company reported 19.2 million cubic feet equivalent per day (“MMcfe/d”) of net natural-gas sales for August 2023 and 18.6 MMcfe/d year-to-date, a 19% and 15% growth in net volumes over the same periods in 2022, respectively. The report also noted that an estimated 93% of total sales this year have been from natural-gas production, and by December, LNG Energy Group will begin realizing natural-gas…

FridaySep 22, 2023 12:02 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Featured in Bell2Bell Podcast

GEMXX (OTC: GEMZ), an enterprise specializing in gold, gemstone and jewelry production, was featured in the latest episode of the Bell2Bell Podcast, a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Richard Clowater, president of GEMXX, joined the program and IBN’s Stuart Smith to provide an introduction of ammolite, an extremely rare gemstone, and discuss the company’s innovative business model. “GEMXX is a mine-to-market enterprise, and we aspire to be fully integrated. This means that we must wear a lot of hats... We’re a resource exploration company, and we have over $800 million in…

ThursdaySep 21, 2023 2:49 pm

MiningNewsBreaks — LNG Energy Group Corp. (TSX.V: LNGE) (TSX.V: LNGE.WT) (OTCQB: LNGNF) (FRA: 6MH) to Attend First Natural Resources Conference

LNG Energy Group (TSX.V: LNGE) (TSX.V: LNGE.WT) (OTCQB: LNGNF) (FRA: 6MH), a company focused on the acquisition and development of natural-gas production and exploration assets in Latin America, will be participating in the upcoming Canaccord Genuity LATAM Natural Resources Conference. Key company leaders, including Pablo Navarro, chair and CEO, and James Morris, vice president of business development and investor relations, will be attending the event, which is scheduled for Sept. 27–28, 2023, in Sao Paulo. “We are pleased to be attending our first natural resources conference now that we have completed our go-public transaction,” said LNG Energy Group chair and CEO…

ThursdaySep 21, 2023 11:48 am

MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Receives ITEP Approval for REE Separation Facility

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability, has completed the local approval process of the Industrial Tax Exemption Program (“ITEP”) for its planned 80,800 square-foot brownfield facility located Alexandria, Louisiana. The company will use the location as its Louisiana Strategic Metals Complex (“LA-SMC”) rare earth element (“REE”) separation and oxide production facility. The company has obtained approvals from the Louisiana Board of Commerce and Industry as well as the Rapides Parish's police jury, school board and sheriff's office. According to…

TuesdaySep 19, 2023 12:49 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Announces 2nd Gold Production from Snow Creek Mine Site

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration, in collaboration with Crazy Horse Mining Inc. (“CHMI”), today announced successful completion of its second clean-out and recording of gold production at the Snow Creek site for the 2023 mining season. In partnership with CHMI, GEMXX has processed 18,000 cubic yards of gold-bearing ore at its Snow Creek mine. According to the update, production results have exceeded expectations, yielding 172.30 ounces of gold from 18,000 cubic yards of material, amounting to 0.96 ounces per 100 cubic yards. “Gold production from the Snow…

TuesdaySep 19, 2023 10:17 am

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Closes on Auramet $12M Loan Facility

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, has closed on a secured loan facility with Auramet International, Inc.; the $12 million loan facility was previously announced on Sept. 6, 2023. According to the announcement, the company anticipates using the net proceeds from the transaction for working capital and to advance its permitting and detailed engineering activities. Transaction details include a loan due date of Dec. 18, 2023, with an interest rate of 1% per month; the transaction is subject to a 2.3% arrangement fee. The announcement also noted that Auramet has received…

TuesdaySep 12, 2023 12:36 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Announces Plans to Expand Ammolite Production, On-Air Presence

GEMXX (OTC: GEMZ), a leader in the ammolite gems mine-to-market segment, today announced that demand for GEMXX Ammolite in jewelry designs by Kenneth Bradley is exponentially growing. According to the update, the presence of GEMXX Ammolite is expanding in the United States and around the world. Live, on-air events showcase uniquely beautiful GEMXX Ammolite gemstones in jewelry by Kenneth Bradley designs. In March of 2023, GEMXX signed an exclusive supply agreement with Canadian Ammolite Gems by Kenneth Bradley. To supply the growing demand, GEMXX plans to expand gemstone and jewelry production by 300% year over year, and its shopping channel…

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…

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