News Archives - Page 57 of 118

WednesdayOct 09, 2024 10:45 am

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Shares Additional Information on the PyroDelta Thermoelectric Generator, Relationship with Subsidiary

First Tellurium (CSE: FTEL) (OTC: FSTTF) today provided additional information to help answer inquiries related to materials involved in building the PyroDelta thermoelectric generators. According to the company, tellurium is the most important component and the chief catalyst of the generator’s effectiveness, as it provides one of the highest thermoelectric effects. The generator also uses other critical metals in its composition. The company noted that the tellurium-based generator is a strategic fit for its long-term growth. The additional information also covered PyroDelta Energy’s relationship with the company. Led by inventor Michael Abdelmaseh, PyroDelta Energy is a majority-owned, U.S.-based subsidiary of…

MondayOct 07, 2024 11:42 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Discusses Completed Acquisition of Base Resources During Conference Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR), an industry leader in the U.S. production of uranium and rare earth elements (“REE”) hosted a conference call this morning. The call began at 9 a.m. ET and focused on the company’s recently completed acquisition of Base Resources Limited. Mark Chalmers, Energy Fuels president and CEO, was joined by Tim Carstens, managing director of Base Resources, on the call, which included time for questions and answers. A replay of the call is available until Oct. 14, 2024, by dialing 1-289-819-1450 in Toronto or 1-888-660-6345 (toll free in North America), then use entry code 95890#.…

MondayOct 07, 2024 10:47 am

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) Announces Commencement of VC Program

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, is gearing up SASB gas field operations with the installation of Velocity Strings (“VS”). According to the announcement, the company and its partner at SASB reached an agreement on Sept. 30, 2024, regarding the technical aspects of the program. Consequently, Trillion Energy was assigned operatorship for the conduct of this program and signed a service agreement with a snubbing provider to install the velocity strings. “Initially it was assumed that the VS could only be run in using a drilling…

FridayOct 04, 2024 3:57 pm

MiningNewsBreaks – Gatos Silver Inc. (NYSE: GATO) Releases Q3 LGJV Exploration Results, Notes ‘Early Positive Results’

Gatos Silver (NYSE: GATO), a silver-dominant exploration, development and production company, is reporting an update on its drilling and exploration programs in the Mexico-based Los Gatos District (“LGD”) . The company is 70% owner of the Los Gatos Joint Venture (“LGJV”). The update notes early positive results, such as mineralized intercepts on the Central Deeps target; the potential for a further extension of the South-East Deeps zone at the Cerro Los Gatos (“CLG”) Mine; and key developments in the ongoing regional exploration program. “The exploration results this quarter continue to demonstrate further life-extension potential at CLG beyond the recently announced…

FridayOct 04, 2024 12:56 pm

MiningNewsBreaks – First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) to Acquire Gatos Silver Inc. (NYSE: GATO) (TSX: GATO) in $970M Deal

First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) in early September announced an agreement to acquire all outstanding shares of Gatos Silver Inc. (NYSE: GATO) (TSX: GATO) in a transaction valued at approximately $970 million. Gatos shareholders will receive 2.550 common shares of First Majestic for each Gatos share, representing a 16% premium based on recent stock prices. The deal consolidates major silver-producing assets in Mexico, including the Cerro Los Gatos mine, enhancing First Majestic’s production capabilities. The merger is expected to close in early 2025, subject to regulatory approvals and shareholder votes. To view the full press…

ThursdayOct 03, 2024 11:05 am

MiningNewsBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Featured in Latest Episode of The MiningNewsWire Podcast

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR), an active mineral exploration company engaged in the exploration and development of wholly owned multi-commodity mineral properties in Canada, is featured in the latest episode of The MiningNewsWire Podcast, a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. During the interview, Nicole Brewster, President and CEO of Renforth, provided an overview of the company’s business model, her background in the mining industry and those of the Renforth team, and the company’s recent milestones and operational goals for the balance of 2024 and beyond. “Renforth is a…

TuesdayOct 01, 2024 2:06 pm

MiningNewsBreaks – Dynasty Gold Corp. (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF) Commences Phase Two of 2024 Exploration Program at Thundercloud Property

Dynasty Gold (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF), a Canadian mineral exploration company, today announced the commencement of phase two of its 2024 exploration program. According to the announcement, the company’s crew has already arrived at its Thundercloud property in northwestern Ontario. Ivy Chong, President and CEO of Dynasty Gold, noted that recently released drill results, which confirmed grades of up to 24.53 g/t gold within a broad zone of mineralization at Pelham, demonstrate the continuity of high-grade gold discovered in 2022 and 2023. “With additional drilling this fall and into next year, and gold trading above $2,600 an ounce,…

TuesdayOct 01, 2024 11:25 am

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Shares Additional Information from 3D DC-Resistivity and Induced Polarization Survey at Deer Horn Property

First Tellurium (CSE: FTEL) (OTC: FSTTF) today announced the receipt of additional data from the 3D DC-resistivity and induced polarization (“IP”) survey at its Deer Horn property in British Columbia. According to the information provided by the company’s Qualified Person (“QP”) and consulting geologist Dr. Lee Groat, the resistivity model within the survey area was dominated by a low resistivity (increased conductivity) zone on the east side of the survey area. This data shows that the zone extends about 1200 meters from south to north, about 500 meters from east to west, and is approximately 300 meters thick. The announcement…

TuesdayOct 01, 2024 11:16 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports Voting Results from Annual Shareholder Meeting

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, is reporting the results of voting held during its annual and special meeting of shareholders; the meeting was held on Sept. 30, 2024. According to the report, a total of 32,499,132 common shares representing 40.475% of the company`s issued and outstanding common shares were voted. Agenda items voted on during the meeting included the election of seven director nominees, setting the number of directors at seven, the reappointment of RSM Canada LLP as the company auditors, and the issuance of certain common shares in connection…

FridaySep 27, 2024 11:00 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Hit Long Intervals of High-Grade Copper in Latest Batch of Drill Holes at Storm Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), a mineral exploration company exploring for high-grade critical and precious metal deposits in Nunavut, Canada, and Virginia, USA, today provided an update on an exploration program conducted by American West Metals Limited at the Storm Copper Project in Nunavut. According to the update, assay results from the latest batch of drill holes continue to show the expansion and upgrade potential of the Cyclone Deposit. They also confirm very thick and high-grade intersections of copper within and outside of currently known mineralization zones. Drill hole SR24-093 intersected 53m of strong chalcolite mineralization (53.3m @ 3.9%…

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