News Archives - Page 36 of 89

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…

ThursdayMay 09, 2024 2:55 pm

MiningNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) Featured in “Ontario Mining Review,” Development of Flagship Project Covered

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA), a Canadian-based company specializing in mineral exploration and development, is spotlighted in the latest issue of the “Ontario Mining Review.” A two-page profile of the company in the review reports that Tartisan Nickel continues to explore and develop its flagship project, the Kenbridge Nickel Project, located in the Kenora Mining District. The company is preparing for the next phase of development, which is based on a Preliminary Economic Assessment Report (“PEA”) that outlines a low-cost, 1,500–2,000 tonne per-day operation. According to the report, the project includes an initial nine-year mine life with…

WednesdayMay 08, 2024 1:58 pm

MiningNewsBreaks – Advanced Gold Exploration Inc. (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG) Notes Industry Interest in Copper, Provides Update on Its Buck Lake Project

Advanced Gold Exploration (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG), a junior mining company bringing an entirely different approach to the mining industry, released a statement noting the interest in copper and the recent increases in the price of the metal. The company is interested in copper and its role in electric vehicle development as well as reducing greenhouse-gas emissions and is developing its own copper project, Buck Lake. The statement noted that copper is instrumental in the commodities super cycle and that the world needs more copper, making exploration key in the supply. The company observed that its Buck Lake…

TuesdayMay 07, 2024 2:06 pm

MiningNewsBreaks – GEMXX Corporation (GEMZ) Announces Expansion Efforts, Appoints New Board Member

GEMXX (OTC: GEMZ), a leading provider of exquisite gemstone jewelry, is expanding its business model to include private equity funding for oil and gas (“O&G”) exploration. According to the announcement, the company is leveraging already-established relationships around the world as well as newly formed strategic partnerships to create a new business channel designed to fund exploration of giant (500 million barrels) and super-giant (3 billion+ barrels) oil fields located in Latin America. This strategic decision allows the company to “tap into moderate-risk, high-reward onshore O&G opportunities,” the announcement noted. GEMXX will be focused on overlooked and underexplored basins. As part…

TuesdayMay 07, 2024 1:53 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Eye New Targets at Storm Copper Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) today presented preliminary interpretation of the initial results from geophysical activities currently underway at the Storm Copper Project on Somerset Island, Nunavut. The program is being conducted by the operator of the project, American West Metals Limited. America West has completed the required expenditures to earn an undivided 80% interest in the project and will be solely responsible for funding the program. “It is very encouraging to see geophysics identify new targets at Storm,” said Thomas Ullrich, CEO of Aston Bay. “Moving Loop EM anomalies have demonstrated a very strong correlation with high-grade copper…

ThursdayMay 02, 2024 2:30 pm

MiningNewsBreaks – Western Alaska Minerals (TSX.V: WAM) Closes on C$6.11M Public Follow-On Offering

Western Alaska Minerals (TSX.V: WAM), a mining exploration company with silver projects in Alaska, recently closed a public follow-on offering. The offering comprised 9,403,352 units at $0.65 per unit. Aggregate gross proceeds from the offering, which closed on April 26, 2024, totaled $6,112,178.80. Roth Canada acted as co-lead agent and sole bookrunner for the offering. For more information, visit the company’s website at www.WesternAlaskaMinerals.com. About Western Alaska Minerals Western Alaska Minerals is exploring the Illinois Creek Mining District, of which the company has 100% control, in Western Alaska. The large, under-explored land package encompasses five high-grade mineral deposits containing gold,…

WednesdayMay 01, 2024 2:55 pm

MiningNewsBreaks – GEMXX Corporation (GEMZ) Names New CEO, Outlines Key Components of Strategic Expansion Plans

GEMXX (OTC: GEMZ), a leading provider of exquisite gemstone jewelry, has appointed a new CEO and is expanding into proven business channels expected to deliver substantial revenue and shareholder value. According to the announcement, GEMXX founder Jay Maull has retired, and Richard Clowater has been named CEO and chair of the board. Throughout his career, Clowater has worked in upstream, midstream and downstream oil and gas projects, establishing a proven track record of leadership. According to the announcement, his strategic vision and innovative approach will be key as GEMXX moves forward in the dynamic market environment. In addition, the announcement…

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