ThursdayJul 01, 2021 11:46 am

MiningNewsBreaks – Asia Broadband Inc. (AABB) Eyes Promising Assay Results in Leveraging Mine-to-Token Strategy

Asia Broadband (OTC: AABB), a precious metals resource holder and cryptocurrency developer, has been assessing several gold mining projects and has issued letters of intent (“LOIs”) for mines and processing facilities in the Mexico-based states of Jalisco and Nayarit. These efforts are underway in order for AABB to add to its gold holdings under its mine-to-token strategy. The company is moving forward with its intent to acquire new gold reserves and recently announced that one of the mines subject to its LOI has produced high-grade assay results from random samples collected throughout the property when due diligence procedures began. “The…

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TuesdayJun 29, 2021 1:04 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Making Strides to Restore Critical US Rare Earth Supply Chains

Energy Fuels (NYSE American: UUUU) (TSX: EFR) continues to focus on its efforts to produce commercial rare earth elements (“REEs”) as well as on uranium production as the U.S. government looks to support moves to limit dependence on other countries for the mining and production of various metals. “Without a doubt, Energy Fuels is making major strides toward restoring critical U.S. rare earth supply chains while also maintaining our position as the leading U.S. uranium producer,” said UUUU’s president and CEO Mark S. Chalmers in a recent update. “On rare earths, our efforts over the past several months culminated in…

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FridayJun 25, 2021 2:00 pm

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Eyes Promising Results at Platosa

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) is a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany. The company is working on developing a precious metals growth pipeline across a myriad of geographies and has announced exceptional results from its drilling program at Platosa. “Excellon has seen particularly promising results from its Platosa Mine located in Durango, Mexico. Over the course of 2020, the company revealed that its Mexican-based mining operations had resulted in a 37% year-over-year increase in silver production, with lead output rising by 32%…

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ThursdayJun 24, 2021 2:01 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Carester Collaborate to Build Fully Integrated Rare Earth Supply Capabilities

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is collaborating with Carester SAS, a leading global expert on rare earth separation, in its ongoing commitment to developing its rare earth element (“REE”) business. As part of this effort, the companies are working to conduct a scoping study for the development of a solvent extraction REE separation circuit at Energy Fuels’ White Mesa Mill in Utah. “Energy Fuels is absolutely focused on building fully integrated rare earth supply capabilities at our White Mesa Mill in the coming years, and we are pleased to have Carester on the team to support our efforts,”…

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MondayJun 14, 2021 1:21 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Eyes Acquisitions to Strengthen Cryptocurrency Operations

Asia Broadband (OTC: AABB) utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of base and precious metals in Mexico to its client sales networks in Asia. The company is currently in the process of reviewing two properties located in the prolific gold mining regions of Mascota and Acaponeta in Mexico. Upon completion of drill testing, assays and other due diligence processes, AABB intends to accelerate acquisition of the properties, each of which have multiple mining sites, existing infrastructure and production facilities capable of processing 250 tons of…

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TuesdayJun 01, 2021 2:27 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Anticipates High Gold Concentrations, Production from Likely Acquisitions

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, recently received mapping and rock sample assay results for the Los Reyes property, located in the prolific region of Mascota in Jalisco, Mexico. “The results from non-targeted rock samples showed great promise for AABB and strongly demonstrated that targeted drilling samples, directed by geophysics data, could have higher gold concentrations and values,” reads a recent article. The Los Reyes property is one of two assets Asia Broadband plans to acquire. “AABB’s sights are also set on a second property located in the region of…

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ThursdayMay 27, 2021 12:07 pm

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Is Focused on Building Diversified Portfolio

First Energy Metals’ (CSE: FE) (OTCQB: FEMFF) primary focus is to develop a multicommodity mineral property portfolio by identifying, acquiring and exploring mineral prospects in North America in the precious, base and industrial metals sectors. The company’s core properties are Augustus Lithium and Titan Gold. “Located in Landrienne & Lacorne-Townships, Quebec, Canada, in an active lithium exploration/mining area, the Augustus Lithium Property and surrounding claims total 14,367.71 hectares. It is equipped with excellent infrastructure support, including a road network, railway, electricity, water and trained manpower available locally,” reads a recent article discussing the company. “The Titan Gold Property is located…

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TuesdayMay 25, 2021 1:52 pm

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Able to Fully Fund Physical Uranium Initiative

Uranium Energy (NYSE American: UEC), a Texas-based uranium mining and exploration company, was the subject of a recent research report by H.C. Wainwright & Co. (“Wainwright”). The analysts reiterated a buy rating for UEC’s stock, which, as they project, would reach a price target of $5. According to an article reporting the matter, the price projection and the buy rating are “based on a discounted cash flow (‘DCF’) model of future operations and in situ asset values.” Wainwright used a revised discount rate of 7.5%, as well as the value of assets, including Reno Creek ($75.0M), Alto Parana ($41.5M), Paraguay…

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MondayMay 24, 2021 1:59 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Eyes What May be ‘The Best Resource Opportunity’ at White Mesa Mill

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently expanded into the rare earth elements (“REE”) market, which is projected to grow at a CAGR of 12.3%, expanding from $5.3 billion in 2021 to $9.6 billion by 2026 ( A recent article, which termed the REE market as promising, described UUUU’s efforts in this space. “Energy Fuels is the key U.S. player for raw materials such as uranium, rare earth elements and vanadium, that make many clean energy and advanced technologies possible,” it reads. The company recently received the first shipment of natural monazite ore, one of the most valuable rare…

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MondayMay 17, 2021 12:19 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Furthers Goal for AABBG Gold Token

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, has hit several milestones in its push to reach the goal set for its gold-backed cryptocurrency token AABB Gold (“AABBG”) to become a secure and trusted worldwide standard of exchange. Some of the milestones reached include the launch of the token and AABB Wallet, the deployment of the mine-to-token approach that aims for complete independence from fiat currency and, more recently, the launch of an international marketing campaign. In the coming months, the company expects to launch its proprietary exchange. A recent article reads,…

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