TuesdayNov 02, 2021 3:06 pm

MiningNewsBreaks – Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Well Primed to Serve Burgeoning Precious Metals Market

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2), a silver and base metals producer with precious metals projects in Mexico, Idaho and Germany, has employed a world-class leadership team with a proven track record to capitalize on positive trends in the precious metals space even as the results of the market’s increasingly optimistic outlook on silver’s prospects are seen in North America, Europe and Asia. A six-story high warehouse near Singapore’s Changi airport, which currently holds around 400 tons of silver, is expected to store as much as 15,000 tons once complete, indicating the potential that the market currently…

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ThursdayOct 21, 2021 10:59 am

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) Acquires Historically Productive Mine in Nevada’s Bullfrog Boom Zone

StraightUp Resources (CSE: ST), a Canada-based mineral exploration and mining property acquisition company, recently announced the acquisition of the West Cat Mine. With this move, the company adds the historically productive mine located within the renowned Bullfrog boom zone of southwestern Nevada to its Ontario greenstone belt options. “Barrick Bullfrog Inc. produced about 2.3 million ounces of gold and more than 3 million ounces of silver during the 1990s from its property in the Bullfrog boom zone near Beatty, Nevada…. The area has generated new excitement among explorers in recent months, as demonstrated by South Africa-based gold miner AngloGold Ashanti’s…

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ThursdayOct 14, 2021 1:18 pm

MiningNewsBreaks – StraightUp Resources Inc.’s (CSE: ST) RLX Properties ‘Highly Prospective’ for Economic Gold Deposits

StraightUp Resources (CSE: ST) recently announced the completion of a high-resolution Heli-borne magnetic survey (“MAG”) on the RLX North and RLX South properties (“RLX Properties”) that comprise the company’s largest area of operation currently. According to Mark Brezer, the company’s president and CEO, the projects are in the heart of the Red Lake Mining District, an area that is seeing a resurgence of gold-bearing deposits that were overlooked in the past. “The Red Lake district is renowned for over 30 million ounces of historic gold production, and the RLX projects are situated near the Red Lake Mine complex that is…

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ThursdayOct 07, 2021 12:40 pm

MiningNewsBreaks – Why StraightUp Resources Inc. (CSE: ST) Is ‘One to Watch’

StraightUp Resources (CSE: ST) is engaged in the business of mineral exploration and the acquisition of mineral property assets across North America. “The company’s flagship properties are located in the Red Lake Mining District of Ontario, Canada, renowned for over 30 million ounces of historic gold production. Other key projects extend into the neighboring Meen-Dempster Greenstone Belt of the Uchi Subprovince. The company’s management team is led by dedicated professionals, aiming to maximize shareholder value while employing modern exploration techniques and principles to achieve its goals,” reads a recent article. “The mission of StraightUp Resources is to maximize shareholder wealth…

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TuesdayOct 05, 2021 2:42 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Establishes Foundation to Benefit Communities Surrounding the White Mesa Mill

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently established the San Juan County Clean Energy Foundation, a fund created to contribute to the communities surrounding UUUU’s White Mesa Mill in southeastern Utah. “The funds from the foundation are earmarked to support the local economy and local priorities, specifically focusing on supporting education, the environment, health/wellness, and economic advancement in the city of Blanding, San Juan County, the White Mesa Ute Community, the Navajo Nation, and other area communities,” reads a recent article. The foundation will have a community-based advisory board to ensure that the foundation’s contributions are well planned and…

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MondaySep 20, 2021 12:12 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters Entirely New Realm – the World of Medicine

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently entered into a strategic alliance with RadTran LLC, a technology development company focused on closing critical gaps in the procurement of medical isotopes, to evaluate the recovery of thorium and possibly radium from the company’s existing rare earth carbonate and uranium process streams. “The company just began producing rare earths by unlocking the value of a mineral called monazite because this mineral contains the radioactive elements uranium and thorium. And UUUU’s most recent strategic partnership takes the company into an entirely new realm: the world of medicine,” reads a recent article. RadTran…

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ThursdaySep 09, 2021 3:33 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Playing Essential Role in US Efforts to End Dependence on China for REEs

Energy Fuels (NYSE American: UUUU) (TSX: EFR) may be the only company outside of China with the equipment, expertise and licenses in place to responsibly process monazite, one of the most valuable rare earth elements (“REEs”) in the world. A recent article reads, “The company, along with key partners, is focused on establishing the United States again as a producer of advanced rare earth products, all produced from monazite, with a commitment to sustainability, environmental protection and human rights. The company is also creating a supply chain option that allows monazite suppliers in the U.S. and around the world to…

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ThursdayAug 26, 2021 1:12 pm

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Poised as Lithium-Ion Batteries Increasingly Become the Rage

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company with a primary focus on developing a multicommodity mineral property portfolio, recently announced the results of drill hole LC21-22 at its Augustus Lithium Property in Quebec. “The drill hole intersected a 10.5-meter-wide zone with 1.22% lithium oxide at 69 meters drilled depth,” reads a recent article. “First Energy Metals is well positioned to leverage growing opportunities in the global lithium-ion battery market. Lithium-ion batteries (Li-ion batteries or LiB) are increasingly becoming the rage due to their potential for use in a wide range of products and applications…

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ThursdayAug 26, 2021 12:59 pm

MiningNewsBreaks – Excellon Resources Inc.’s (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Platosa Continues Production at Historically High Rates

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, recently published its second quarter results for the 2021 fiscal year. Among the highlights, the company reported Q2 2021 revenues of $9.7 million, up from the $0.7 million registered in Q2 2020, and significantly improved gross profit to $2.1 million, up from last year’s loss of -$2.6 million. “Excellon Resources’ strong second quarter results were directly correlated to the robust production numbers generated from the Platosa Mine in Durango, Mexico,” reads a recent article. “Excellon saw…

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TuesdayAug 17, 2021 2:39 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Collaborates to Mark Important Milestone to Restore Critical RE Supply Chains

Energy Fuels (NYSE American: UUUU) (TSX: EFR) and Neo Performance Materials (TSX: NEO) recently announced that the first container of mixed rare earth (“RE”) carbonate was shipped from UUUU’s White Mesa Mill in Utah to NEO’s rare earth separation facility in Estonia. This shipment marked an important milestone toward restoring the critical U.S. and European rare earth supply chains. Chemours (NYSE: CC), based in Georgia, mines natural monazite that contains both the rare earth elements and naturally occurring uranium. “The rare earth elements are then processed into RE carbonate by UUUU’s White Mesa Mill before being shipped off to Estonia…

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