News Archives - Page 61 of 83

TuesdayDec 28, 2021 11:23 am

MiningNewsBreaks – Asia Broadband Inc. (AABB) Announces Launch of Proprietary Cryptocurrency Exchange

Asia Broadband (OTC: AABB) has launched its proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. According to the announcement, today’s launch is the initial phase of the Exchange roll out in the necessary process to ensure stability, proper functioning and integration of the various component modules. Exchange users can now familiarize themselves with the platform and place buy and sell orders to execute cryptocurrency trades for the initial trading pairs. In collaboration with Asia Broadband’s digital assets developer, the continued roll out of the Exchange components in the coming weeks will have 200 plus cryptocurrency Exchange trading pairs available…

ThursdayDec 23, 2021 9:51 am

MiningNewsBreaks – Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Files Technical Report for Silver City Project

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) today announced the filing of an independent technical report for the Silver City Project in Saxony Germany, which was prepared in accordance with National Instrument 43-101. A copy of the technical report is available on SEDAR at www.sedar.com and via the company’s website. According to the update, the author of the technical report, Michael J. Robertson, Pr.Sci.Nat (400005/92); MAusIMM (316078), of the independent consulting firm The MSeA Group (Pty) Ltd., has concluded that Excellon’s proposed exploration program is appropriate for the Silver City Project. To view the full press release, visit https://ibn.fm/9fziL About Excellon Resources Inc. Excellon’s…

WednesdayDec 15, 2021 12:59 pm

MiningNewsBreaks – StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Exciting Portfolio Showcased in Latest Episode of ‘Bell2Bell’ Podcast

StraightUp Resources (CSE: ST) (OTCQB: STUPF) was featured in the “Bell2Bell Podcast,” a part of IBN’s (“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. Mark Brezer, StraightUp’s CEO, president and director, joined the latest episode to discuss the company’s business model and its intriguing portfolio of mineral property assets in North America. “StraightUp Resources is heavily concentrated on the exploration business, and we’ve got some very exciting properties in the Red Lake Mining District of Ontario, Canada. We’ve been focusing this year largely on some of our newer projects,” Brezer said. “The Ferdinand Gold Project has…

WednesdayDec 15, 2021 11:00 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters Strategic Venture with NSP to Develop Novel REE Metal-Making Technology

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced the execution of a memorandum of understanding (“MOU”) with Nanoscale Powders LLC (“NSP”) for the development of an innovative technology for the production of rare earth element (“REE”) metals. “Metal-making is a critical step in the rare earth supply chain. Energy Fuels has already restored monazite ‘crack-and-leach’ capabilities to the U.S. at our White Mesa Mill in Utah, where today we are producing a high-purity mixed rare earth carbonate, which is ready for separation. No other company in the U.S. is currently producing a high-purity REE product ready for separation at…

WednesdayDec 08, 2021 1:31 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Announces Scheduled December Launch of Proprietary Cryptocurrency Exchange

Asia Broadband (OTC: AABB) today announced a confirmed release date of Dec. 28, 2021, for its proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. In collaboration with AABB’s digital assets developer, the integration and testing of network components continues in preparation for the initial staged launch of the Exchange. Currently, 150 cryptocurrency Exchange trading pairs have been added into to the BCGateway platform, while 50 more will be added in the coming weeks. The Exchange project has evolved in recent months to vastly improve the finished product. This includes the addition of many new features and capabilities to expand…

MondayDec 06, 2021 3:43 pm

MiningNewsBreaks – Ceylon Graphite Corp. (TSX.V: CYL) (OTC: CYLYF) (FSE: CCY) Announces Strong Initial Resource Estimate for K1 Mine

Ceylon Graphite (TSX.V: CYL) (OTC: CYLYF) (FSE: CCY) today announced the filing on SEDAR the results of an initial NI 43-101 mineral resource estimate for the K1 Mine Project in Sri Lanka. According to the update, the estimate comprised of total indicated and inferred resources of 274,489 tonnes at a grade of more than 90% Cg. “We are very pleased with this strong resource estimate for the K1 Mine. K1 is the first of potentially 10+ mining prospects of similar potential contained within our land package, covering 30,000 acres containing many of the 3,000 abandoned mines,” Ceylon CEO Don Baxter said…

WednesdayDec 01, 2021 1:06 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Announces DTC Eligibility

StraightUp Resources (CSE: ST) (OTCQB: STUPF) today announced its receipt of confirmation from the Depository Trust Company (“DTC”) that its common shares are now eligible for electronic clearing and settlement through DTC in the United States. DTC eligibility reduces costs and accelerates the settlement process for investors and brokers, allowing the company's common shares to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements. “DTC eligibility improves StraightUp’s access to the marketplace during our next phase of growth,” said StraightUp’s president and CEO Mark Brezer. “I expect our shareholders to benefit from…

TuesdayNov 30, 2021 1:57 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Enters Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project

Asia Broadband (OTC: AABB) today announced its entry into a definitive purchase agreement to acquire a 100% interest in the Bonanza Gold Mine Project. According to the update, the company came to terms with Martin Augusto Vallejo Lujambio for the 19.25-hectare concession # 221977, Bonanza, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, in Nayarit, Mexico. The property’s total purchase price was $6 million, split into $ 2 million cash and $ 4 million in restricted shares of Asia Broadband. The project is another prospective high-yield asset addition in…

MondayNov 29, 2021 2:58 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Discovers Multiple Targets Through Exploration of Ferdinand Gold Project

StraightUp Resources (CSE: ST) (OTCQB: STUPF) today announced that its 2021 ground exploration and heli-bourne magnetic surveys on the Ferdinand Gold Project (the “property”) are complete. According to the update, all available geologic data has been compiled by Orix Geosciences, with their structural interpretation confirming multiple areas of high merit and potential mineralization on the property. StraightUp Resources has the right to acquire 100% interest in the property consisting of 17 contiguous mining claims covering 7,143 hectares located in the south Uchi greenstone belt, 120 km east of Red Lake, Ontario. “We now have confirmation of D2 folding and ultramafic…

WednesdayNov 24, 2021 11:44 am

MiningNewsBreaks – Defense Metals Corp. (TSX.V: DEFN) (OTCQB: DFMTF) (FSE: 35D) Delivers Positive PEA for Wicheeda REE Project

Defense Metals Corp. (TSX.V: DEFN) (OTCQB: DFMTF) (FSE: 35D) today announced the results of its Preliminary Economic Assessment (“PEA”) and updated mineral resource estimate for the development of its British Columbia, Canada-based Wicheeda Rare Earth Element (“REE”) deposit. According to the update, SRK Consulting Inc. (Canada) prepared the PEA, which has an effective date of Nov. 21, 2021. A technical report relating to the PEA will be filed on SEDAR within 45 days of the news release. “We are pleased to have delivered a positive PEA for the Wicheeda REE Project that has the potential to be one of the…

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