FridayAug 23, 2024 3:00 pm

MiningNewsBreaks – Why Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Is ‘One to Watch’

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is the operator of the Waterberg Project, a bulk underground platinum group metals (“PGM”) deposit discovered by Platinum Group in 2011 and located on the Northern Limb of the Bushveld Complex in South Africa. “The Waterberg Project is planned as a fully mechanized platinum, palladium, rhodium and gold mine, including by-product copper and nickel production, and is projected to be one of the largest and lowest cost PGM mines globally,” reads a recent article. “The company’s primary business objective is to advance the Waterberg Project to a development and construction decision.…

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FridayAug 23, 2024 2:00 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Tapping ‘Tremendous Opportunity’ at Filion Gold Project

Torr Metals Inc. (TSX.V: TMET) owns 100% of the Filion Gold Project, which is surrounded by operations like Agnico Eagle, Alamos, Barrick, and the famous Timmins Gold Camp that cumulatively host an estimated 170 million ounces of gold worth some $400+ billion at current prices. “Since acquiring the project in October 2023, Torr has moved quickly with the first modern exploration work on the land, including a systematic humus soil sampling program that was the first to test for broad mineralization along the gold endowed Filion Fault Zone; successfully confirming this potential in early 2024… The early work combined with…

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FridayAug 23, 2024 1:00 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Looking to Uncover the Next Great Canadian Ni Discovery

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is actively exploring and developing large-scale nickel deposits in the Canadian metal hotbeds of the Trans-Hudson Corridor. “Efforts like Fathom Nickel’s to uncover the next great Canadian nickel discovery are essential to any efforts by the west to secure critical metals. These efforts, if successful, could propel Canada to become one of the world’s biggest nickel producers in the coming years,” a recent article reads. “In 2023, Canada’s nickel production paled in comparison to Indonesia’s – 180,000 metric tons versus a staggering 1.7 million metric tons. Canada is aiming to make up…

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ThursdayAug 22, 2024 2:00 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Expanding Influence in the Global Energy Sector

GEMXX (OTC: GEMZ) recently announced that its collaborator, Latin America Partners (“LEP”), an emerging leader and an independent E&P company involved in exploring significant hydrocarbon reserves in Latin America, has expanded its team. “LEP is guided by Dinesh Kumar Sarraf, the chairman of the board… He leads a team of distinguished energy industry experts who, for decades, have been actively involved in global oil and gas exploration. This team has since expanded following a recent strategic addition. As GEMXX announced in a recent news release, Ali S. Abood has joined the board of Latin Energy Partners. The addition, GEMXX notes,…

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WednesdayAug 14, 2024 2:51 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) CEO Showcases Strategic Approach to Industry

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich diversified gold and silver producer in the Americas. McEwen CEO Rob McEwen recently spoke at the NYC SME’s 9th Annual Current Trends in Mining Finance Conference, where he emphasized the crucial importance of the mining industry to modern civilization and outlined a strategic approach to improving its public perception. “The central theme of McEwen’s speech was the urgent need to alter the public’s negative perception of the mining industry. This change, he argued, could be achieved by showcasing the industry’s essential contributions to daily life and modern technologies, particularly those aimed…

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ThursdayJul 18, 2024 2:49 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Capitalizing on High-Potential Opportunities in Energy Sector

GEMXX (OTC: GEMZ), a publicly traded exploration company engaged in gold, gemstones, oil and gas, recently signed a definitive agreement with Latin Energy Partners (“LEP”) to drill four test wells in a promising geological formation in Latin America. “This strategic venture represents a significant milestone in GEMXX’s expansion into the energy sector, highlighting the company’s dedication to diversification, growth and enhancing shareholder value. Latin Energy Partners is a rising independent exploration and production company focused on discovering substantial hydrocarbon reserves in Latin America, an area with significant untapped potential… The drilling of the four test wells is set to begin…

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FridayJul 12, 2024 3:03 pm

MiningNewsBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Enhancing Asset Portfolio with Fully Funded Phase II Drilling Program

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 the Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. “The company announced an ambitious 8,000-meter drill program and 8,000-meter of historical core assaying at its Duquesne West Gold Project. This extensive drilling program is designed to expand the current resource base and explore new zones of mineralization within the project area. This strategic move not only aims to enhance Emperor’s asset portfolio but also…

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FridayJul 12, 2024 2:31 pm

MiningNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) Poised as 2024 Promises to Be ‘Milestone Year’

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF), a Canadian mineral and battery material exploration and mining development company, recently announced an ambitious plan to complete an all-season access road at its flagship Kenbridge Nickel Project in Ontario. “As a critical initiative for the 2024 calendar year, its management noted its integral role in improving the property’s value, aligning with Indigenous communities… To live up to its promise, Tartisan appointed Gregory (Greg) Edwards, B.Sc., Geo Eng., to serve as Project Manager for the Kenbridge Nickel Project and the company’s First Nations Liaison. His appointment was informed by his consistent desire to work…

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FridayJul 12, 2024 1:00 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ), Partner Positioned to Establish Footprint in Global Oil and Gas Market

GEMXX (OTC: GEMZ), a mine-to-market gold, gemstone and jewelry producer with global reach, recently entered a significant collaboration with Latin Energy Partners (“LEP”), an emerging leader and independent E&P company involved in the exploration of significant hydrocarbon reserves in Latin America. “GEMXX and LEP have defined the terms to jointly drill four test wells in a promising geological formation in a Latin American country. This partnership marks a landmark move for both companies in their oil exploration and development pursuits. The partnership particularly aligns with GEMXX’s long-term goals, with CEO Richard Clowater expressing his company’s eagerness to join forces with…

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ThursdayJul 11, 2024 3:00 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned as Standout Opportunity for Investors

McEwen Mining’s (NYSE: MUX) (TSX: MUX) share price has shown a remarkable gain of 62.1% over the last 12 weeks, indicating strong momentum and robust performance in the market. “This trend of sustained positive momentum over time is a key indicator of the stock’s potential for continued growth, making it an attractive option for those looking to capitalize on price strength… McEwan Mining’s financial health further supports its strong market position. With a current ratio of 1.37, MUX demonstrates its capability to meet short-term obligations, although its quick ratio of 0.58 suggests a tighter liquidity position when inventory is excluded.…

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