News Archives - Page 50 of 77

TuesdayFeb 14, 2023 11:14 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Promising Data for Casiterita and Iska Iska Properties

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced results of additional modeling of ground magnetic data and completion of an initial Induced Polarization/Resistivity survey (“IP/Res”) on the Casiterita property adjoining the Iska Iska Silver-Tin Polymetallic property to the southwest. The new data, combined with previous magnetic modeling and borehole IP/Res surveys (“BHIP”) on Iska Iska, have significantly enhanced the understanding of the overall geological environment on both properties and outlined major new targets for exploration on the optioned Casiterita. “Geophysics continues to be a very effective exploration tool at Iska Iska and now at the Casiterita property,” said…

MondayFeb 13, 2023 12:27 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Acquisition of the Bahia Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced completion of its acquisition of 17 mineral concessions between the towns of Prado and Caravelas in the state of Bahia, Brazil, totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles). According to the announcement, closing of the “Bahia Project” followed the Brazilian Government’s approval of the transfers to Energy Fuels’ wholly owned Brazilian subsidiary Energy Fuels Brazil, Ltda. At the closing, Energy Fuels paid the mineral owners the remaining $21.9 million cash. “Energy Fuels has achieved yet another important milestone for our expanding rare earth business through our acquisition of…

FridayFeb 10, 2023 2:44 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) CEO Discusses Promising Drill Results in New Interview

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. The company was featured in a new video interview where its CEO Thomas Larsen discussed promising results from its definition drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. “Hole DHK-27 when determining grade times intercept of 65,887 g Ag eq/t-m is the second most valuable drill hole recorded to date and only just behind the 441-meter 66,389 g Ag eq/t-m intersection in hole DSB-30 reported…

WednesdayFeb 08, 2023 11:27 am

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Receives $24M Investment from Leading Global Mining Company

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) has entered into a subscription agreement with Anglo American resulting in an estimated $24 million investment in Canada Nickel; the investment is at a price of $1.95 per common share, representing a 10% premium to the 30-day volume weighted average price ("VWAP") and making Anglo American a 9.9% shareholder when the transaction is completed. According to the announcement, this is a key milestone in the company’s efforts to advance its Crawford Nickel Project toward production. The agreement also calls for Canada Nickel to enter into a binding Offtake Term Sheet with Anglo American at closing, giving Anglo American exclusive…

MondayFeb 06, 2023 3:09 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Grants RSUs as Part of Long-Term Incentive Plan

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, recently announced that it has granted an aggregate of 300,000 restricted share units (the “RSUs”) to its senior officers pursuant to its long-term incentive plan. The company’s plan is designed to compensate and reward its directors, officers, consultants and employees for working towards Eloro’s long-term objectives in alignment with the shareholders’ best interests. All granted RSUs have performance-related milestones in connection with the advancement of the company’s Iska Iska silver-tin polymetallic project in…

WednesdayFeb 01, 2023 10:49 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Exec Featured in New Interview Released by The Power Play

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) executive VP of exploration Bill Pearson was a spotlighted guest during the latest The Power Play by The Market Herald interview. During the segment, Peterson and host Sabrina Cuthbert discussed the latest news from Eloro Resources concerning assay results from additional diamond drill holes from the Iska Iska silver-tin polymetallic project in southern Bolivia. Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. The Power Play by The Market Herald interviews with company executives are designed to offer investors with…

TuesdayJan 31, 2023 2:06 pm

MiningNewsBreaks – NV Gold Corp. (TSX.V: NVX) (OTCQB: NVGLF) (FSE: 8NV) Prioritizes 3 Active Projects, Announces Intensive Exploration Campaign

NV Gold (TSX.V: NVX) (OTCQB: NVGLF) (FSE: 8NV) recently provided an update on its exploration activity for 2023, outlining its highest drill priorities and early stage project evaluation. According to the update and subject to capital availability, the company intends to prioritize the following three of its seven active projects in Nevada: SW Pipe Gold Project, Slumber Gold Project and Triple T Gold Project. In addition, NV Gold announced plans for an intensive “boots on the ground” exploration campaign to evaluate over 30 new potentially prospective areas. The evaluation targets were generated through the company’s Data Library Project, a collaborative…

TuesdayJan 31, 2023 11:08 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Releases Assay Results from Iska Iska Diamond Drill Holes

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is reporting on eight diamond drill holes conducted at the Iska Iska silver-tin polymetallic project, located in the Potosi Department, southern Bolivia. According to the announcement, the drill holes included hole DHK-27, which was drilled from Huayra Kasa; hole DSB-43, which was drilled on southwest side of Santa Barbara; hole DSB-46, which tested the potential south-southeastern extension; and five holes drilled to the southwest from the Huayra Kasa area to test the eastern…

MondayJan 30, 2023 2:19 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Featured in Roth Equity Research Report

McEwen Mining (NYSE: MUX) (TSX: MUX) was featured in a recent equity research report published by Roth Capital Partners LLC. An excerpt of the report reads, “On January 26, 2023, MUX announced the results of eight drill holes from its Los Azules project. We believe these drill results support our view that the Los Azules project is significantly undervalued by the market.” To request access to the full report, visit https://ibn.fm/z0W2k About McEwen Mining Inc. McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns 68% of McEwen Copper, which…

ThursdayJan 26, 2023 12:20 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Update on Its RapidSX(TM) Demo Plant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided an update on the commissioning process for its RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of heavy and light rare earth elements (“REEs”). Located within Ucore’s 5,000 square foot RapidSX Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, the Demo Plant is run by the company’s laboratory partner, Kingston Process Metallurgy Inc. (“KPM”). “We are extremely pleased with the work at the CDF in concert with our partners, KPM, Mech-Chem, and a host of other supporting contractors and vendors as we work toward near-term commercial deployment of the RapidSX rare…

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