News Archives - Page 55 of 71

TuesdayMay 18, 2021 9:39 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Hosts Q1 2021 Earnings Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, at 4:00 p.m. ET on May 17, 2021, hosted a conference call to discuss its earnings results for the first quarter of 2021. Interested parties should visit https://ibn.fm/qsg1W to access a replay of the call. To view the full press release, visit https://ibn.fm/n6qM6 About Energy Fuels Inc. Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and anticipates commencing commercial production of rare earth element ("REE") carbonate in…

MondayMay 17, 2021 1:12 pm

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Commences PEA Work on TETRA Property

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, today announced it has commenced work on a Preliminary Economic Assessment (“PEA”) on its TETRA Property located in the south-western region of Arkansas. The PEA will consider an integrated project that includes brine supply and injection wells, pipelines and brine treatment infrastructure, a direct lithium extraction plant using the company’s proprietary LiSTR technology, and a lithium chloride to lithium hydroxide conversion plant. “We continue to evaluate and accelerate our lithium brine project development activities in southern Arkansas. The TETRA project is a very high-quality…

MondayMay 17, 2021 11:09 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Incentive Stock Options

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, announced that it has granted incentive stock options. The options will enable specific directors, officers and consultants to purchase up to 850,000 common shares; the shares will be offered under FEMFF’s incentive stock option plan. According to the announcement, the options will be exercisable for a five-year period at an exercise price of $0.35 per share. All options are subject to Canadian Securities Exchange approval. Part of First Energy objective is to add to its portfolio in a deliberate approach in a way that adds value; currently the company’s…

FridayMay 14, 2021 10:57 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Releases Q1 2021 Financial, General Meeting Report

Excellon Resources (TSX: EXN, EXN.WT) (NYSE American: EXN) (FSE: E4X2) has released its financial report for first quarter 2021, the period ended March 31, 2021. The report included both financial and operational highlights. Among the financial highlights for the company was the announcement that revenues had increased by 76% to $9.8 million during Q1 2020 compared to $5.6 million in Q1 2020, and gross profit reached $1.8 million, a $3 million improvement over first quarter 2020, which posted a $1.2 million loss. The company also reported total cash cost net of byproducts per silver ounce payable decreased by 13% to $13.43 compared to $15.35 the same quarter…

WednesdayMay 12, 2021 10:09 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Promising Drill Results at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced the results of drill hole LC21-12 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 10-meter-wide zone with 1.11% lithium oxide ("Li2O") at 110 metres ("m") depth. In addition, there are anomalous values of other rare metals including average values of niobium ("Nb") 99.78 parts per million ("ppm"), rubidium ("Rb") 1,609.7 ppm, tantalum ("Ta") 65.16 ppm, beryllium ("Be") 200.7 ppm, and cesium ("Cs") 60.55 ppm. Average value of iron ("Fe") is 0.494%. "The first drill hole at…

ThursdayMay 06, 2021 2:14 pm

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Featured in Stock2Me Podcast

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) was featured in the latest episode of The Stock2Me Podcast, an InvestorBrandNetwork (“IBN”) solution to provide specialized content distribution via widespread syndication channels. Excellon’s CEO and President Brendan Cahill joined the program to introduce the company’s business model and its current portfolio of production and exploration resource projects spanning North America and Europe. “Excellon’s actually been around quite a long time. It was founded in 1989 but got to Mexico in the late ‘90s and started the Platosa Mine in 2005. It’s Mexico’s highest-grade silver producer,” Cahill explained. “We produce silver,…

ThursdayMay 06, 2021 11:31 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Completes 2nd Step to Verify Historical Exploration Work at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of a drill hole at its Augustus Lithium Property in Quebec, Canada. According to the update, drill hole LC21-003 intersected a six-meter-wide zone with 0.62% lithium oxide ("Li2O") at 45-metres ("m") depth including a two-metres-wide intersection with 1.35% Li2O at 48 m depth. Additionally, a second two-meter-wide pegmatite intersection assayed 0.63% Li2O at 73 m depth. "We are very pleased that drill results have started to arrive. After fieldwork mapping and sampling, this is the second step to verify historical exploration work," said Gurminder…

TuesdayMay 04, 2021 12:26 pm

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Releases Additional Assay Results from Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has announced additional assay results from the channel sampling program conducted at its Augustus Lithium Property in Quebec. The samples taken from the Beluga Pegmatite of the Canadian Lithium Prospect cut a 31-meter-wide section with an average of 0.37% lithium oxide (Li2O), which includes four meters of spodumene pegmatite at 1.20$ Li2O. The company has been doing continuous ground exploration work since February with the objective of locating and confirming historical lithium pegmatite occurrences on two of its locations: Augustus and Canadian Lithium Prospects. The work, which includes field exploration…

ThursdayApr 29, 2021 11:18 am

MiningNewsBreaks – Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B) Releases Drill Results from Montgomery-Shoshone Exploration Program

Augusta Gold (TSX: G) (OTCQB: AUGG) (FSE: 11B), has released an update based on the 2021 exploration program now underway at its wholly owned Bullfrog Gold project located in Nevada; the update specifically focused on the drilling and results for the Montgomery-Shoshone target. The announcement noted down-dip extension of the Polaris Vein 50 meters below historic drilling with hole BFG21-MS13 returning 32.5 meters assaying 0.76 g/t Au, as well as extension of the Polaris Vein 175 meters south from the historic pit with hole BFG21-MS11 returning 60.7 meters assaying 0.35 g/t Au before the hole was lost due to poor conditions in the vein zone. In…

TuesdayApr 27, 2021 2:15 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Work with Leading Consultant on REEs Study

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has announced it has engaged Carester SAS, a leading global expert on rare earth separation, to help prepare a scoping study for the development of a solvent extraction (“SX”) rare earth element (“REE”) separation circuit at UUUU’s White Mesa Mill in Utah. Carester brings in impressive background in designing, constructing, operating and optimizing REE production facilities globally and has significant experience in processing natural monazite feeds into value-added rare earth products. Carester is working with Energy Fuels in its planned development of REE separation capabilities at the White Mesa Mill. Energy Fuels intends to…

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