News Archives - Page 90 of 106

TuesdayJun 01, 2021 11:59 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Large Drilled Widths of Lithium-Bearing Zones at Quebec Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of drill hole NC21-16 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 19-meter-wide zone with 1.17% lithium oxide (“Li 2 O”) at 126 metres (“m”) drilled depth. In addition, there are anomalous values of other rare metals including average values of niobium (“Nb”) 77.83 parts per million (“ppm”), rubidium (“Rb”) 1,378.58 ppm, tantalum (“Ta”) 96.79 ppm, beryllium (“Be”) 181 ppm, and cesium (“Cs”) 67.45 ppm. Average value of iron (“Fe”) is 0.47%. “We are pleased…

FridayMay 28, 2021 12:03 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Results of Election of Directors

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, recently held its annual and special meeting of shareholders. The meeting, which was held on May 26, 2021, was held virtually. At the meeting, the company held its election of directors. Eight individuals were proposed by management for election as directors. Those eight individuals are J. Birks Bovaird, Mark S. Chalmers, Benjamin Eshleman III, Barbara A. Filas, Bruce D. Hansen, Dennis L. Higgs, Robert W. Kirkwood and Alexander Morrison. The company announced that all eight nominees were elected by company shareholders through a combination of…

ThursdayMay 27, 2021 9:47 am

MiningNewsBreaks – Asia Broadband Inc. (AABB) to Retire 107M Restricted Common Shares

Asia Broadband (OTC: AABB) today announced that its management and board of directors have approved the retirement and return of 107 million restricted common shares to the company treasury. According to the update, the share retirement process has been initiated with AABB’s transfer agent and is anticipated to be completed in the coming weeks. Asia Broadband’s initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. With ongoing plans to continue the shareholder value initiative, AABB expects to retire additional shares to the company treasury in the near future. To view the full…

WednesdayMay 26, 2021 10:01 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Commences Drilling at Idaho-Based Oakley Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced the commencement of a 2,800-metre diamond drilling program at the Oakley Project, Idaho in collaboration with Centerra (U.S.) Inc. According to the update, Centerra has the option to earn up to a 70% interest in the project by, among other things, spending up to US$7 million in exploration expenditures prior to May 2026. Under the terms of the option agreement between the parties, Excellon is the manager of the project and Centerra is the operator and currently funds all expenditures. "Oakley is a low-sulphidation, epithermal gold project with the…

TuesdayMay 25, 2021 10:49 am

MiningNewsBreaks – Asia Broadband Inc. (AABB) Announces High-Grade Assay Results for Prospective Gold Mine Acquisition

Asia Broadband (OTC: AABB) today announced its receipt of mapping and rock sample assay results during the ongoing due diligence process with respect to the letter of intent to acquire a historic production gold mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The Acaponeta gold project, located approximately 48 kms southeast from the city of Acaponeta, is another prospective high-yield asset addition in the company’s strategic expansion initiative to acquire gold production and increase AABB’s physical gold holdings. According to the update, the assays in the geological report revealed high-grade gold, silver and copper values from the…

ThursdayMay 20, 2021 12:36 pm

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Increases in Physical, Equity Uranium Holdings

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced recent increases in its physical and equity uranium holdings. Per the update, the company has acquired an additional 200,000 pounds of U.S. warehoused uranium. UEC’s physical uranium initiative is fully funded with cash on hand and, with this latest acquisition, now includes 2.305 million pounds of U.S. warehoused uranium. The company has also acquired an additional 1,000,000 common shares of Uranium Royalty Corp. (TSX.V: URC) (NASDAQ: UROY) in order to maintain its existing strategic ownership position. The company completed the subscription under a recent bought deal…

TuesdayMay 18, 2021 1:43 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Announces Strong Q1 Results, Poised for Growth in 2021

Asia Broadband (OTC: AABB) today announced the publishing of the company’s first-quarter financial results highlighted by a strong balance sheet with over $100 million in assets. According to the update, AABB is in a highly liquid financial position to self-fund and rapidly advance its gold mining and cryptocurrency sales and exchange business segments. Among the highlights, the update discussed the company’s recent launch of its AABBG gold-backed cryptocurrency token sales, as well as the hiring of a firm that has designed an international marketing campaign to proliferate brand exposure, increase token sales and AABB Wallet transactions and amplify public and…

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…

MiningNewsWire provides insights and opportunities in the mineral and mining sectors.

Contact us: (512) 354-7000

Breaks Categories: News