ThursdayFeb 22, 2024 2:12 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Keen on Maintaining Focus on Expansion

GEMXX (OTC: GEMZ), a mine-to-market company, witnessed continued growth in 2023, achieving numerous milestones, including the fact that it continues to control each stage of its production and distribution and is continuously expanding while avoiding long-term debt. “Looking ahead into 2024 and beyond, GEMXX is keen on maintaining its focus on expansion and adding shareholder value. The company intends to complete the 50% acquisition of the Yukon Gold Property and initiate a pilot mine on this site; upscale gold production at the Snow Creek Property and move the test plant to the Rosella Creek site; bring its Ammolite Gemstone mine…

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WednesdayFeb 21, 2024 11:12 am

MiningNewsBreaks – Why Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Is ‘One to Watch’

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is a Canadian natural resource development and exploration company that targets high-grade nickel sulfide discoveries for use in the rapidly growing global electric vehicle (“EV”) market. The company has a portfolio of two high-quality exploration projects, the Albert Lake Project and the Gochager Lake Project, located in the prolific Trans Hudson Corridor in Saskatchewan. “Led by a management team with more than 100 years of combined mining and exploration experience, Fathom believes in a continuing bright outlook for nickel and its increasing use in the manufacturing of batteries needed for energy storage…

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WednesdayFeb 07, 2024 2:53 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Continues to Enhance Long-Term Asset Expansion Plan

GEMXX (OTC: GEMZ) is a mine-to-market company that focuses on producing gold, gemstone and jewelry from its own land resources. GEMXX last year acquired a 50% interest in Crazy Horse Mining Inc. (“CHMI”), a Canadian exploration company that owns 100% interest in two gold projects in British Columbia (Snow Creek and Rosella Creek), as well as signed a binding letter of intent to acquire a 50% interest in the historic Yukon Gold Project, which holds 2,210,660 ounces of proven gold resources. “The acquisition [of the Yukon Gold Project] is pending, awaiting the completion of due diligence and verification of the…

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FridayFeb 02, 2024 3:35 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) on Track to Supply OEMs with Rare Earth Oxides by 2025

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is engaged in the exploration for and separation and scalable production of REEs in Canada and the U.S. The company is positioning for ultimate commercialization its RapidSX(TM) technology for the separation and purification of critical metals, a move that would slash reliance on Chinese rare earth technologies and its byproducts. “Ucore has gained incredible headway over the years, made possible by the funding from the Pentagon. The company is on track to commercially separate friendly sources of REEs and supply OEMs with rare earth oxides (‘REOs’) required to produce rare earth permanent magnets…

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FridayJan 26, 2024 12:48 pm

MiningNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) Planned Louisiana SMC Fulfills Efforts to Establish Western-Nation REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a strategic metals enterprise, is focused on establishing North American independence in the production of rare earth elements (“REEs”) vital to modern computerized technologies. “Ucore is preparing to establish commercial operations for REE refining and processing using the company’s trademarked RapidSX(TM) solution, which has demonstrated significant economical and environmental improvement over the standard SX separation technology,” reads a recent article. “Ucore’s ‘Strategic Metals Complex’ (‘SMC’) in Louisiana represents the fulfillment of efforts to establish a Western-nation supply chain for REEs that is not dependent on China’s industrial domination in the industry… For months,…

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TuesdayDec 19, 2023 3:10 pm

MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Looking to Triple Daily Crude Output with Launch of Second Phase of Drilling Program

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), an oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada, announced that its sixth horizontal well had successfully commenced production as of early November, only weeks after the resumption of its horizontal infill drilling program. “Prospera has recently launched the second phase of its drilling program, centered around drilling 10 horizontal well locations across its Cuthbert and Hearty Hill properties, with the eventual goal of tripling the company’s daily crude output in 2023. The company revealed that the initial batch of five horizontal wells…

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FridayDec 08, 2023 3:40 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Continues Proving Technical Superiority of Its RapidSX(TM) Platform

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for rare earth elements (“REEs”) in Canada and the U.S., as well as the associated development of superior separation and scalable production technologies, recently announced a technical update on its important RapidSX(TM) Demonstration Plant in Kingston, Ontario. “The update marks a significant milestone for the company and will allow it to ‘discreetly quantify the previous qualitative attributes of the RapidSX(TM) technology platform and the resulting rare earth element products,’” reads a recent article. “Over the first two years in Kingston, we proved the technical superiority of our…

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FridayDec 01, 2023 1:15 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Looking to Deploy Technology to Pursue Independent Critical Metals Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has developed a superior commercial-ready technology, RapidSX(TM), for separating and purifying critical metals. “Ucore intends to deploy its technology to pursue a critical metals supply chain independent of China and Western companies for use by the many industries dependent upon REE-based components… RapidSX combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces the time to completion and plant footprint. SX is the industry standard used today and is used by all REE producers worldwide for bulk separation of both heavy and light REEs,” reads a…

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FridayNov 17, 2023 2:28 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Expands on Iska Iska’s Potential

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mining company, recently filed its NI43-101 technical report for its Iska Iska Polymetallic Property in support of its initial mineral resource estimate (“MRE”) published earlier. The company opted to employ the net smelter return (“NSR”) method to encompass the estimated dollar value that each metal contributes towards the total value of each tonne. “Initial findings have estimated an NSR for Iska Iska’s polymetallic domain (containing zinc, tin and silver) of $20.32/t for open pit mining and $42.23/t for underground mining versus NSR cut-off values (representing the cost of extraction…

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FridayNov 17, 2023 2:02 pm

MiningNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) Proprietary RapidSX(TM) Expected to Improve Standard CSX Solvent Refining Process

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is positioning its proprietary RapidSX(TM) solvent extraction solution to overcome the obstacles in refining metals vital to modern, greener technology. “RapidSX(TM) is expected to match and improve on the standard CSX solvent refining process used by China in its market-dominating extraction of rare earth elements (‘REEs’) from mined product to prepare them for use in high-grade magnets that convert power into motion for modern technologies that range from smartphones to electric vehicles and F-35 fighter jets. Ucore has been proving RapidSX(TM) against the standard CSX process at a demonstration plant in Ontario and…

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