ThursdayJun 27, 2024 2:30 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Aims to Capitalize on Rising Demand for Copper

Torr Metals Inc. (TSX.V: TMET), a Canada-based mineral exploration company advancing mineral properties in Ontario and British Columbia, aims to unlock the potential of its 100%-owned gold and copper projects with a focus on cost-effective exploration and development aided by proximity to existing major infrastructure. “TMET’s exploratory activities sync with favorable market conditions driven by the burgeoning renewable energy and electric vehicle industries. Limited copper supply is leading to increased demand by these sectors with a corresponding price increase to nearly $10,000 per ton. As a result, investors anticipate a bullish outlook for copper over the next few months driven…

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FridayJun 14, 2024 3:39 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Moving to Find Next Discovery at Its Nunavut Property

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral company exploring for high-grade copper and gold deposits in Canada’s Nunavut territory, is proud to be part of Canada’s mining industry, a major sector responsible for 22% of Canada’s total domestic exports and contributing $125 billion to the national GDP. “The company is focused on exploring for gold and copper in North America, specifically in Nunavut, where it has partnered with Australian explorer American West Metals at the high-grade Storm Copper Project. Aston Bay has no required expenditures in the partnership, which is aggressively advancing the high-grade sediment-hosted copper mineralization…

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FridayJun 14, 2024 11:40 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Targeting Significant Untapped Potential of Its Albert Lake Project

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is an exploration company that is targeting magmatic nickel sulfide discoveries to support the rapidly growing global electric vehicle market. While North America is deeply dependent on foreign nickel, which is a position of weakness for meeting EV and carbon goals, Canada has the potential to once again be a dominant player in nickel production thanks to companies like Fathom Nickel. “Fathom boasts over 113,000 hectares of prime exploration ground within a region consistently ranked among the top five for mineral exploration by the Fraser Institute. One of Fathom’s key projects, the…

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FridayJun 14, 2024 10:43 am

MiningNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) Leveraging Promising Nickel-Copper-Cobalt Mineral Resource

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF), a Canadian mineral exploration and mining development company, originally released a Preliminary Economic Assessment (“PEA”) report for its 100%-owned Kenbridge Nickel Project in 2022. “Drilling and assay results provided by Tartisan and compiled, verified and validated by P&E Mining Consultants Inc. were used to create an updated MRE, which confirmed that the Kenbridge Project ‘contains a significant nickel-copper-cobalt mineral resource that is potentially amenable to underground mining.’ The PEA noted that the measured and indicated mineral resources represent 3,508,000 tons at 0.70% Ni, 0.35% Cu, and 0.01% Co, while inferred mineral resources represent 1,013,000…

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FridayJun 07, 2024 3:48 pm

MiningNewsBreaks – Why Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Is ‘One to Watch’

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is an advanced-stage, gold-exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. “The project has a 2011 historical mineral resource estimate of 727,000 ounces of Au at 5.42 g/t and an average thickness of 5.71 m. In 2023, with the use of AI (Artificial Intelligence), Emperor Metals created the first ever 3D mineralized and geological model, which illuminated the potential to add significant ounces to this deposit. Using these…

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FridayMay 31, 2024 3:31 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Aims to Establish Footprint in Global Energy Landscape

GEMXX (OTC: GEMZ), an established mine-to-market gem enterprise, recently announced that it is actively broadening its business framework to incorporate private equity funding for oil and gas (“O&G”) exploration ventures. “With a large network of global relationships and several strategic alliances recently established, GEMXX is setting the stage to finance the exploration of extensive oil reserves, specifically targeting giant fields with reserves of 500 million barrels and super-giant fields with over 3 billion barrels located primarily in Latin America,” a recent article reads. “By leveraging its comprehensive network in the O&G sector, which includes major global industry players, GEMXX plans…

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FridayMay 24, 2024 3:07 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Stands out as Key Player in Basic Materials Space

McEwen Mining (NYSE: MUX) (TSX: MUX) has been a standout performer in the basic materials sector this year, showcasing a remarkable growth trajectory that has caught the attention of investors and analysts alike. “With a year-to-date stock price increase of approximately 51%, MUX has significantly outpaced the average performance of its sector peers, which have seen an average decline of about 2.7%. This impressive growth is not just a number but a testament to the company’s resilience and potential for future gains,” reads a recent article. “The surge in MUX’s stock price is further bolstered by a substantial upward revision…

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FridayMay 24, 2024 2:33 pm

MiningNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) Expecting ‘Milestone Year’ in 2024

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) is a Canadian mineral and battery metals exploration and mining company developing its flagship Kenbridge Nickel Project situated in the Kenora Mining District, northwestern Ontario. The company recently engaged Northwest Solutions Inc. (“NWS”), an organization based in Thunder Bay, Ontario, to provide technical and human resource support for the Kenbridge Nickel Project. Tartisan also appointed Gregory (Greg) Edwards, B.Sc., Geo. Eng., who is currently serving as project manager for the Kenbridge Nickel Project and as the company’s First Nations liaison. “Tartisan aims to develop a more comprehensive and culturally sensitive approach to resource extraction…

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FridayMay 24, 2024 1:45 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Looking to Address Global Copper Demand-Supply Imbalance

Torr Metals Inc. (TSX.V: TMET) is a Vancouver-based mineral exploration company focused on the identification, acquisition and advancement of mineral properties. With copper expected to play an increasingly important role in powering the world’s transition toward net-zero technologies, the surge in copper demand is expected to drive a necessary increase in supply, requiring an additional 9.7 million metric tons (“Mt”) production per annum by 2031. However, the copper supply is anticipated to remain in deficit by the beginning of the next decade with a forecast shortfall of 6.5 Mt from a projected deficit of 114,000 tons for 2023. “Torr Metals…

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ThursdayMay 16, 2024 2:03 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Poised Amid Pressing Need for New Gold and Copper Discoveries

Torr Metals Inc. (TSX.V: TMET) is positioned amidst a growing urgency to discover and develop new gold and copper mines. The company is searching for the next big deposit across its 1,100 km of 100% owned highway-accessible projects located in some of Canada’s most prolific mining jurisdictions. “Recent findings at the Kolos Copper-Gold Project defined a previously unknown trend to Cu-Au ± Mo mineralization with multiple potential undrilled porphyry centers stretching over 7 kilometers adjacent to Highway 5,” reads a recent article discussing the company. “Gold has been treasured for its beauty and value for thousands of years. The shine…

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