News Archives - Page 46 of 83

TuesdayAug 22, 2023 11:26 am

MiningNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Releases Results from Oko West Project Test Work

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, is reporting on the preliminary metallurgical test work results for its Oko West Project in Guyana. According to the announcement, highlights of the report indicate gold extraction for gravity-leach averaged 94.4% (fresh rock), 96.5% (transitional material) and 97.5% (saprolite) with primary grind size of P80 at 75µm resulting in the best gold extractions on average. The company noted that the test work results indicate a deposit with a medium level of hardness, which is typical of other deposits in the Guiana Shield region. G Mining Services…

ThursdayAug 17, 2023 1:12 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Issues 100K Shares to Fulfill Mineral Property Option Agreement

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has issued 100,000 common shares to fulfill its obligations to date outlined in a mineral property option agreement. According to the announcement, the issue of shares is in connection with the Sept. 1, 2021, agreement, which is between the company and Alex Pleson and which gives Reflex Advanced Materials the sole and exclusive right to acquire up to a 100% interest in the Zigzag lithium property. The ZigZag lithium property includes eight mining claims comprising an estimated 2,710 hectares near Crescent Lake, Ontario, a region known for…

WednesdayAug 16, 2023 2:51 pm

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Confirms Crucial Structural Connection at Deer Horn

First Tellurium (CSE: FTEL) (OTC: FSTTF) today announced that an extensive mapping and sampling program at its Deer Horn property in west-central British Columbia has confirmed a crucial structural connection between the property’s Pond copper porphyry and gold-silver-tellurium systems. Under the direction of Dr. Lee Groat, consulting geologist and qualified person (“QP”) for First Tellurium, the mapping and sampling program is being conducted by a team of graduate students from the University of British Columbia and the University of St. Andrews. According to the update, preliminary results from the 2023 work confirm the primary structure within the Deer Horn property…

WednesdayAug 16, 2023 2:34 pm

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Mobilizes Drill Rigs, Advances Exploration Efforts at Ruby Graphite Project

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced the mobilization of drill equipment for its Summer 2023 initial drill program at the Ruby Graphite project in Montana. Drill pad construction is underway for the program, which is planned to consist of 3,500 meters of core drilling at the project, located in Beaverhead County, Montana, U.S.A. “The mobilization of drill rigs marks an important milestone for Reflex as we advance our exploration efforts at the Ruby Graphite project,” said Paul Gorman, CEO of Reflex Advanced Materials. “We are confident that this drill program will not only confirm the presence of…

TuesdayAug 15, 2023 1:00 pm

MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Report of First 2023 Season Gold Production from Snow Creek Mine Site

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market segment, is reporting the successful completion of its first clean-out and recording of gold production at the Snow Creek Mine site for the 2023 mining season. GEMXX is working in collaboration with Crazy Horse Mining Inc. (“CHMI”) on the Snow Creek Mine project. According to the announcement, the two companies have processed a 4,500-cubic-yard sample of gold-bearing surface ore stockpiled while building the processing site, thereby providing a “positive indication of the resource potential on the property.” The company noted that initial production results, which have yielded 38.73 ounces of…

FridayAug 11, 2023 2:13 pm

MiningNewsBreaks – GEMXX Corporation (GEMZ) Reports on Form 1A Qualification, Shares Update

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market segment, has announced full qualification of Tier 1, Form 1A registration statement and has released an update on certain achievements. According to the announcement, GEMXX’s Form 1-A to raise up to $6 million is fully qualified. In addition, company officials noted that the company is working with several parties that are interested in participating in the Regulation-A financing; funds from that financing will be used for Ammolite mining expansion, increased production and diversification of operations. The company’s M&A team is also focused on further strengthening the business through strategic partnerships and…

ThursdayAug 10, 2023 12:36 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Reports on Ruby Graphite Summer Core Drilling Program

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has engaged Falcon Drilling Corp. to execute the planned summer 2023 initial drill program at the Ruby Graphite project, which is slated to begin on Aug. 16, 2023. Based in Nevada, Falcon Drilling is a reputable drilling company with more than 35 years of experience in the industry. The company provides drill equipment and highly trained drill crews as well as rapid access to supplies and mobilization services to even remote of locations. According to the announcement, the program will include diamond core drilling of at least…

ThursdayAug 10, 2023 11:13 am

MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Quarterly Financial Report, Provides Corporate Update

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market segment, is reporting positive revenues for the quarter and providing an update on significant company achievements for the quarter. Highlights of the report include shares issued and outstanding totaling 96,866,845 with the quarter’s account receivables reaching $690,310, up from $318,390 in the same quarter last year. Net Income reached $182,992.00 compared to $126,360 in the previous quarter with total long-term liabilities being reported as zero, down from $226,759 last year. GEMXX total assets came in at total assets totaled $18,610,757, up from $1,226,354. “The company continues to build a solid…

WednesdayAug 09, 2023 1:30 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Complements Ammolite Production with Strategic Purchase

GEMXX (OTC: GEMZ), a leader in the Ammolite Gems mine-to-market segment, recently announced its acquisition of a 50% interest in the Canadian exploration company Crazy Horse Mining Inc. (“CHMI”). CHMI assets include 100% interest in two gold projects, Snow Creek and Rosella Creek, covering more than 700 acres. “The acquisition of the Snow Creek and Rosella Creek gold asset portfolio enhances the company’s long-term asset expansion plan and helps to de-risk revenues, but most importantly, it complements our Ammolite production with the world’s most sought-after commodity,” said Jay Maull, GEMXX’s chief executive officer. “This will provide GEMXX with a significant…

WednesdayAug 09, 2023 12:12 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Moving Forward with Drill Program After Receiving Key BLM, DEQ Approvals

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has received approval from the Bureau of Land Management (“BLM”) and the Montana Department of Environmental Quality (“DEQ”) for the exploration drilling program at its Montana-based Ruby Graphite project; the approval also included a formal Authorization to Proceed with the summer 2023 drill program. According to the announcement, the company is moving forward on exploration efforts at its flagship asset, the Ruby Graphite project, which was a past-producing graphite mine. The program will help Reflex Advanced Materials determine the economic viability of the Ruby Graphite project. The…

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